The Sun.
London, England, 1865-04-08 00:00:00

THE CITY of MOSCOW GAS COMPANY
(Lte
Incorporated under the Companies Act, 1862, with Limited
Liability.
Concession obtained with exclusive privilege.
Interest at the rate of 7 per cont. per annum during con-
struction. Capital, £875,000, in 85,000 Shares of £25
each. Deposit, £1 on application, and £4 on allotment.
DIRECTORS.
sWollaston Blake, Esq., F.R.S. (Director of the Con-
tinental Union Gas Company
James Frederick Gregory, Esq. (President of the Council
of Control of the Hague Gas Company).
Neville D. Goldsmid, Esq. (Managing Director of the
"Lim Gas Works).
Edward Hawkins, jun., Esq. (Chairman of the London
Gas Company).
Frederic Mildred, Esq. (Deputy-Governor Agra and
Masterman's Bank (Limited).
James Oug,hterson, Esq., 21, Bontinck-street, W.
Mons. P. S. Schilofski, Moscow.
Sir J. Emerson Tennent, F.R.S., 66, Warwick-square.
BANKERS.
The Agra and Masterman's Bank (Limited), 35, Nicholas-
lane, Lombard-street.

SOLICITOS.
31essrs, Young, Maples, Teesdale, and Young, 6, Frederick's-
place, Old Jewry.
BROKERS.
blossrs. Hill, Fawcett, and Hill, 29, Threadneedle-
street, E.C.
This C,

iompany has been formed for LightingtheCity o
mn
Moscow with Gas, under the powers of Concession,.iity,on
granted, with exclusive privileges by tho ucl pa
26th October, 1864, and ratified in the month
of December
last, by the Imperial Government.
Moscow contains a population of about 500,000 persons.
It is situated at the centre of the commerce of the country,
with six railways converging within itswalls.lt
aristo-
cracy, the
winter residence of a large portion of the Russia
and the nature of its climate is such as to render the
introduction of gas, both for lighting and warming pur-
Poses, an object of primary importance to the inhabitants.
The Kremlin (which covers 250 acres, andincludes the
Emperor's Palace, the Senate, the Arsenal, and Government
t)ffices), the grcat'Universities, and the Public Schools, will
all have to be lighted by gas.
Prom official statistics it appears that there are at present
A14,.,11105e0w about 200 hotel.—mosa of them very spacious—
`-',041 inn; restaurants, cafjs, cabarets, and wine-house;
where people pass the greater part of the night in winter ;
upwards of 100 police posts
and stations ; 102 printing--
offices, exclusive of those belonging to the Government and
the Municipality, 27 public baths, 15 civil and military hos-
pitals, and 27 Government asylums. The German, Eng-
ish, and Merchants' Clubs, and the Club do la Noblesse,
each spend about £250 per month for lighting, and the
Government pays annually £13,000 for the lighting of the
Opera, Rouse and the Russian Theatre, and £12,000 for the
barracks.
In addition to the above-mentioned buildings, and alto-
gether irrespective of private houses, there are 17,032 shops,
700 factories and workshops of various descriptions, many
of them. of groat magnitude, and one alone requiring 800
lights.
Moscow has hitherto been dependent for artificial light
upon portable gas, stearine candle; and petroleum oil. The
costliness of these articles and other disadvantages con-
nected with the imperfect lighting thus obtained aro such
as to render any competition with ordinary as .
The Concession which has been securedtogthiimps Coossiblempany
confers an exclusive privilege for 30 years • at the end of
that period the works will either remain the 'property of the
Company in perpetuity without special monopoly, or the
Municipality may elect to purchase them at a sum lto the entire net profits of the previous ton years ; or
equiva-
lentxted the Concession, with exclusive privileges for a
further period of ten years. In this latter case, the works
would revert to the City at the end of 40 years, unless
fresh arrangements shall have been made for continuing
the business in the hands of the Company. A sinking
fund will be provided to meet these contingencies.
The Calaier des Charges allows the Company to charge five
ratersilve roubles (equivalent at the present exceptionally low
if exchange to thirteen shilling's, and to fifteen shil-
lings and tenpence at the par of exchange) per 1,000 cubic
Paid
bet of gas for all private lights. The street lights will be
for at the price of 14.50 silver roubles per light, burn-
ing 10,000 cubic feet during the year, and at the same rate
for any further quantity which may be required, with an
I,ll,llMinating power which need not exceed 12 candles. All
,Lue lamps of the Government and Municipal buildings are
''') Pay the same price as the private lights, viz., five silver
roubles per 1,000 cubic feet of gas.
~ A Provisional contract has been entered into with Smith,
-"'ilight and Co. (Limited), for works capable of supplying
120,000 lights, together with the whole of the mains of the
Y (upwards of 140 miles in length) adapted to the entire.
Prospective consumption. The net profits upon the capi-
required for this purpose are calculated to exceed2o per
cent. Per annum, and in this estimate no profit whatever
assumed on the public lights.
1 Jhe works will be laid out with a view to the supply of
10 000 street lights and upwards of 200,000 private lights ;
and a,
extem 7,°°n as the Company can meet the demand to this
rate. e net profits are calculated to exceed the above
, 1 0 show that this estimate is by no means exagge-
i.ca'vd, reference may be made to the profits of other Gas
heTtPa, riles Possessing exclusive privileges on the Conti-
• ' amongst others the gas works at the Hague have
paid for 1-
icliga_.liiitesabcyi--Ae
t. Per
Years
u2ms.per cent. per annum, and the Paris
20—per°:14Patnat the present time paying dividends above
'tl Plant will be erected for the supply of 50,000
a large net revenueeell4 of August in next year, from which date
_ ?ower will
talvietiltlobe
orrreocewivaepdo.
Ilion
.of.
debentures, by which
that already
the Shareholdern st
means the profits divisible amongst
n
the capital on
Offers
coke and tare
hadLltlataeYd.probably rise to a higher figure a
cost been received for the purchase of all the
het
favourabl pd, ant. prices which will bring down the
on the Continent.
theyofwzailarbo ised to a point which contrasts
Gas Works of most of the large cities
Interest at the rate of 7 per cent per annum will be paid
haTlY_eoaurlY on he capital during construction.
c tlay for plans, stimates, engineering,. .travelling
expenses, and other preliminary charges will be borne by
this COl7ll a
tehaacthtehoonyfiPhdanenyveno.
in
ahe Propitietors of the Concession have
van to th. the complete success of the. undertaking
agreed to transfer all their rights and adz
lieuogee__ is Company in consideration of receiving, .._
total 4ny present t, one-half of the net profits of
each year after 10 percent shall have been earned on the.
ai-up capital of the Company.
tqA A.l.arge'Proportion of the capital is already subscribed.
aPP"catio for the remaining shares will be received by
, e Agra and Masterman's Bank by the Solicitors ; and
.3* Messrs. Hill Fawcett, and Hill, the Brokers of the
teicqnlaalay, from av, hom prospectuses and forms of applica-
en may be obtained. Tdhe amount of £1 upon each share applied for must be
paid to the Company's Bankers previously to the application
bring sent in ; this sum will be returned if no allotment is
made to the applicant. An option will be given to each subscriber of takin
one-fifth part of the shares allotted to him in fully paid-upg
lutres.
i
Temporary Offices, 29, Threedneedle-street, E.C.
April, 1865.
No.

FORM OF APPLICATION FOR SHARES.
To the Directors of the Cit
(Limiyted). of Moscow Gas Company
Gentlemen,—Thiving paid to your credit, With the Agra
and Mastc-rman'a Bank (Limitettl, the sum of .£ bow;
a deposit of £1 per Share on Shares in the above
Company, I reque,t you to allot me
shares of £2l
each in the City ot 11oTow Gas Company (Limited), and
I hereby undertake to accept the same or any smaller num-
ber you may allot to me, and to pay the further deposit of
£4 per share on allotment; and I agree to enter my name
on the Itegister of Shareholders in respect of the shares
allotted to Inc. I am, Gentlemen, your obedient, servant, Name in Lull .......... . Address in full . .............
Date ...... —_______

CITY OF -MOSCOW GAS COMPANY
NOTICE IS HEREBY GlVE(Limited).
N, That NO APPLICA-
TIONS for SHARES will be received after TUESDAY, the
11th instant.

By order of the Board,
HILL, FAWCETT, and HILL,
29, Threaßrokers to the Company.
Threadneedle-strect, April 186;