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London, England, 1862-04-07 00:00:00

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14.

THE ITALIAN IRRIGATION C
CO!,IPANY. Societe Anon
with L ANAL
irrifieed Liability
and Shares to Bearer.
Share capital 25,000,0001, (81,000,000).
Divided into 50,000 pliarea ,zy.l 500 f. (t. 20) each.
Doposit on application, :L...,!1 per share, and ..-C1 on allotment.
The Italian Govert,'llit guarantees a minimum interest
of six per clinl6. on the capital, and also a sinking fund to
provide kr :Is redemption.
Tb.e M. DIIII:t;TORS IN ITALY.
ties, arquis de Cavour, l‘fember of the Chamber of Depu-
The 'Count Olclofrecii,
Bc;logna). Governor Senator (formerly Goveor of
/6-- 'Farina, Regent of the Bank of l‘Tilan.
j-k, Vincenzi (formerl
Naples). y 3.llniste,: of Public Vv'orkq at
11. G. De Fernex, Banked, Tu7..in
AL Laurent, Banker, Parma_
DIREtzTO):,S IN ENGLAND,
Cir,i ' of the A a and United
Q. G. Macpherson, -.F._:;sc.„
~ rtaan,
gr Service Bank.
Lestock R. Reid,.poration. P.sq., Director of the Oriental Bank Cor-
James Dicks°. ft ~ Esq. (Lennox, Nephew, and Co.), 16, Old
Broad-str,,et.
Lfout.-Col. J ^I "W. Campbell Onslow, Director of the
Madras. J.rritration and Canal Comany.
-Wm• WO tor argill, Esq., Director oftle Eastern Bengal
Rail' v- Comp:„- -
..ty..roi •C. G. 7id, Esq., -Director a the Agra and -United Ser.-
_ vi.ee, Bank. .
P. l',. Hadow, E,,q,, Deputy-Chairman of the Peninsular
u'ad Oriental Steam N.avigat!on Company.
P.. Surtees, Esq., Chalcott House, Kingstou, Surrey.
a, P. Brown IVee(head, Esq., M.P.,_ Deputy-Chairman of
the London and North-NVestern. Railway Company.
13ANKEus I.,`T. LoNDoN—Messrs. Masterton, Peters, and
-131NEIEES IN
Co, 35, Nicholas-lane.
ITALY-111.645r5. Charles De Fernex and Co.,
Turin,
SOLlClTliofiEfts—Messrs. OES—Messrs. Rixotl and Son, 33, Cannon-street.
B Poster and Braithwaite, 68, Old
Broad-street.
:JOINT ENGIWEERS.
J. A' Monsr. Chas„Nod, Turin.
Temporaryo.ocrnethy, Esq., M.1.C.E., London.
SJ2C, Qces, 16, Gresham-house, Old Broad-street.
RX:7l'inxill'o tem.—leicester Bayly, Esq.

°I3JEC-7...'S OF THE COM PAICY.—The object of this
VI"C°I-nPar-Y is to carry into effect the valuable and highly re-
, r. aeive concession which has been, granted by the
• liars eeovernment for the construction of Irrigation Works
14 e;orthern Italy.
130 great has been the rephtation and success of works of
irrigation in Italy, that they have een rarded as moels
'of scientific construction, by the engineers
gin appointed d by the
Government of indite to devise and execute the extensive
plans for the irtigat'ton of that country.
e From the ceerieese ageg Mb artificial irrigation of land in
/rnrrn clinlatxs
. able invest 'has furnished one of the
most safe and profit-
aystena hes
m ents of capital. In India the applieatien of this
the coste yielded a revenue of from 30 to 100 per cent. on
of construction ; in the royal domains of Aranjuez,
14p aiu, it has increased the produce of the soil ten-fold ;
and it has given to the plains of Lombardy their proverbial
re:etewn for exhaustless fertility.
.fhe district assigned to the ()aerations of this Company
e2onnereheeds some of the rierieet por.ions of the famous
plain, extending from the root of the Alps to the frontiers of
Lombardy, and justly celebrated as the garden of Europe.
The Company will immediaroceed to costruct te '
Great Irrigation Canal of
.Ntelyorthep
.Northern Italy, in conformity
With the designs of the celebrated eneineer Chevalier Noes
Who enjoys the highest reputation in Europe for hydeaufie
works, and w'hose plans have, after caretul examination,
been appree',ed of by Mr. Abernethy and accepted by the
Italian Government.
The 'Alain Canal, 52 miles long, SO feet wide, and 20 feet
`e gip, will commence at Chiavasso, to miles north of Turin,
'Tessa through the rich disteelets el the Vercellais and the ,
Loreeline, and terminate at the river Ticino, near Novara.
It will derive an ineeelanuetible supply of water from the i
It Po, which he's been called the Nile of Italy, on ac-
cent,count of the rich alluvial matter brought down by its cur •
It will irrigate more than 300,000 acres, and it is esti-
Inated that the rental of the proprietors will thereby be in-
oreae ed by t 840,000 per annum.
In order to obtain the great advantage of uniting
under
One management all the irrigation works of the district, an
arrangement has been concluded with the Government for
the cession of the existing canals of the Dora Baltea and
the Sesia, which will thus become tributary to the Grand
Canal of the Po. The payment for these canals yill be
made at deferred dates, and the amount is includeerin the
Clittrardeed capital.
IE
GARANTEES OF THE ITALIAN GOVERN-
of six.
DNU-T.—The Government guarantees a minimum interest
per cent, per annum on the entire capital to be ex-
Dent-led in the purchase or construction of the canals, the
Preliminary expenses
fiance of the , and the management and mainte-
t
u safe and works of the Company, thus making its shares
advantageous investment, independently of the
'worksrofits which may be anticipated from such important
. The Pcalian Government also guarantees the repayment
of the capital through the operation of a sinking fund. The
ted,rantion of the shares will take place annually by lot,
i this great advantage to the shareholders, that, after
keying received back their capital in full, they will remain
remaining term of the concession.
The proviebanal concession was signed by the Ministers
of A.gricultuee and Commerce, and of Finance, on the 15th
Irl,ltimn) and the Government has engaged to procure for this
--'°l7lPanY all the necessary powers which require the con-
eerit of the Le:--islature.
EXPENDl'Ttill.},`,.—The cost of the works will be de-
traYo by the share capital of the Company, and by bonds
issued by
the authority of the Government, with interest
guaran teed. Every bond will be stamped by the Govern-
, and the ;edema of 6 per cent. will be paid at the
National Treasury,
Provisional contracts have been made with the sanction
and approbation of the Italian Government for the execu-
tion of all the works by experienced contractors, who are
prepared to deposit ample caution money for the fulfilment
of their engagements.
PIVJFITS.—The directors desire to avoid holding out
cxaP gerated estimates of the large profits to bo derived from
`r+ ='l-" irrigation works,
Of 6 in addition to the guaranteed interest
per cent. ; but the official returns in their possession,
`Which have been, prepared with the most-scrupulous accu-
racy, and which may be seen at the offices of the Company,
Justify them in anticipating
_profits fully equal to those
*which 'have been obtained under the most favourable cir-
onmatances in Italy and other countries. In making these
eakulations, there can be no better guide than what has
ta:kren place in our own Eastern Empire, as exhibited in the
'following statement :---
" JuNtere. CANALS, NORTH-WESTERN PROVINCES.—
Governmutt returns show that the value of the crops saved
• in one year by the water supplied by these canals, whose
length is 445 miles, was £1,469,800. In 153 the Court
of Directors sanctioned an expenditure of £15,276 on the
•taetern Jurana Canal, which in one year yielded a clear
Profit to the government of £9,759, besides enormously in-
• tereasine•b the value of the crops, and thus benefitting the
cultivators to a far larger amount.
"NORTH-WESTERN PROVINCES.—In these provinces
an expenditure of £557,000 was found sufficient to construct
works irrigating 1,300,000 acres, and thus obtain a produce
of the tennual value of £2,500,000, supporting a population
of 600,,000 souls.
" GREAT GANGES CANAL, NORTH-WESTERN Pno-
Vn.:WES.—Colonel Baird Smith, the director of this canal,
?low, in course of construction, estimates that it will be com-
pleted for £2,000,000, and that it will raise the annual value
to
of the crops it will irrigate to £7)000,000, and the gain
the cultivators will exceed £3,000,000 per annum."
Extract from Report by Lieut.-Colonel C. B. Young,
officiating chief engineer, Lower Provinces of Bengal, dated
27th May, 1853
" Whatever the results of different calculations may be,
there can. be no question, I believe, that canals as irrigation
`.lvorks are remunerative in India, whether the profits be 50
per cent and upwards, as Col, tel Cotton rates them, or, accor-
ing to the more moderate estimates of Lieut.-Colonel Baird
cali'th about 24 per cent., or, according to the experience
Of the canals in the North-West Provinces, 12 to 16 pet
Cent., it is equally the result in all cases ; I believe that
they repay richly to both Government and to the people the
taoney expended on them."
The G per cent. interest on the shares allotted in England,
together with all dividends out of profits, will be paid half-
Yearly, at 25 francs exchange, by the Company's bankers in
fendon.
The works which the Company has undertaken have
been urgently demanded by the whole population. The
undertaking is received with the greatest favour in Italy;
20,000 shares are reserved for that country, leaving 30,000
for allotment in England.
Applications in the annexed form may be made to the
London Directors at the Company's offices, or to the
'Brokers of the Company in London.
A copy of the concession may be soon at the offices of the
Company.
London, April 4, 18t.i.L

FORM OF ii:I3PLICATION FOR SHARES.
40 the London Directors of the Italian Irrigation Canal
Company.
Gentlemen,—Having paid to your bankers the sum of
, I hereby request that you will allot me
Shares of £2O each in the Italian Irrigation Canal Company,
and 1 hereby agree to accept the said shares or any smaller
number that may be allotted to me, upon the terms of the
atatutes, to be approved by the Italian Government, and to
Day thefurthar deposit of £1 per share upon the shares
allotted to me at such time and in such manner as you may
qopoint.

I am, Gentlemen,
Name in full
Address in full
Date

JtLst published, containing 190 pages, with 100 Engravings,
free by post, 12 stamps, sealed 20 stamps,
THE SILENT FRIEND, the Greatest Medical
Work of the Age, or Youthful Indiscretions and conse-
((lien, Impediments to Marriage, describing the Anatomy of
the Reproductive System in health and disease, and pointing
out the sure means of perfect restoration to manhood ; with
an Essay on Single and Married Lite, containing his Pre-
riPtion known as the Preventive Lotion, precluding the
Possibility of contamination. Address If. and L. PERRY and
'CO. 19, 11 rners-street. Oxford-street, W. Attendance daily,
from 10 till 8; Sundays, 11 till 2, by a Consulting Surgeon,
Member of the Royal College of Surgeons of England (Regis-
tered under the New Medical Act).

A S THE FACULTIES OF THE BODY, in
1/4a, harmony with those of THE MIND, approach deve-
loped maturity, the rising human being., surrounded by
.`,ll_atitious circumstances—some salutary, some pernicious—
,?,'•mes susceptible of impressions which, according to the
.egree of PRUDENCE and KNOwLEIME with which he is en-
dowed, may be the sources of happiness or of unspeakable
unsery.

Some of the most deadly and terrible of the influences last
referred to originate at that period when parents fondly hope
that the objects of their love are being prepared to fight
Icnourably the great battle of life—namely, the scholastic
lllti collegiate period. Habits are then contracted, in
nallspecting ignorance of their effects. which, if not ar-
rested, tend to. sink the VICTIMS OF Ennou to the deepest
ilPlaths of degradation and woe. The evil 1,4 aggravated by
us apathy too generally evinced by the medial profession,
19t only as to the nature bet the very existence of the
diseases arising from the cause indicated, and to which the
general and inadequate designation of "Nervous Disorders
Debilitybeen given. One ef the consequences of
'us neglect is, that the treatment of the most delicate
classes of disease which afflict society has been taken
P by unqualified and uneducated persons.
LAmERT, 151. D., Liceat of the oya- Society
otLApo &c., 37, Bnedtifore d square,R London, s
•,IIX ONLY PRACTITIPNEIL REGULARLY QUALIFIED AND
`! GISTERED who has de"eted his exclusive attention for 20
Le"s to the cure of these affections, which war with the very
Wintains of human DAPFINESS, HEALTIL and FUNCTIONAL
ti,G,°llR. The result of his experience and successful prac-
pi' 'llay be perused with advantage in his Treatise,
1. FARPAavATfort," sold by RI ann, 39, Cornhill, London, price
; Post free for 13, or with sealed ends for 20 stamps.
At ho
? b_ rue for consultation, daily, from 11 till 2, and 6 till 8
"(144M-square.

Itt„;; ETRGPOLITAN RAILWAY CARRIAGE
I and WAGON COMPANY (Limited). Completely
registered for the letting of carriages and wagons to rail-
way companies, mineral owners, merchants, and others.
Capital £lOO,OOO, in 10,000 shares of £lO each. With
power of increase; deposit £1 per share on application, and
£1 10s. on allotment. No further calls for three months,
and no call to exceed 3s. per share,
nutEcTons.
Jae R. Atkins, Esq., Stoke Newington-green, N.
Henry Elwell, Esq., liandsworth, Deputy-Lieutenant,
Staffordshire.
The Hon. C. E. Hobart, -Wimbledon, S.W.
Henry }laymen, Esq., Director of the 13onibay, Baroda,
and Contral India Railway Company.
James Michel!, Esq., Director of the Calcutta and South-
Eastern Railway.
James Oughterson, Esq., Bentinckastreet, Mancliestca-
square, and Madras,
Bankers—Messrs. Glyn, Mills, and Co., Lombard-street.
Brokers—London—Wm. R. Hartridgc, Esq., SO, Old
Broad-street; Birmingham—John Smith, Esq., 28
Bennett's-hill.
Auditors—Messrs. Doloittc and Greenwood, Public
Aceonntants.
Solicitors—Messrs, Swift, Wagstaff, and illenkinsop, Great
George-street, Westminster.
Seeretary—Mr. Richard Stephens.
Temporary offices--13 A Cannon-row, Westminster, S.W.;
and 80, Old Broad-street, City.
The progressive development of the resources of the
country, and the extension of the railway system at home
and abroad, have created a demand for railway wagons
and carriages which existing companies cannot adequately
supply.
The metropolis is the leading emporium of the coal trade,
and an already enormous yet growing traffic in goods of
every description, to and from it is carried on, upon all the lines of railway, by public companies and commer-
cial firms, which, having their chief offices hi London, would
naturally seek to be supplied there with the necessary
means of conveyance, if a company existed ready and cap-
able to contract for the same.
The legitimate and profitable employment of capital, in
providing for such wants, is saen. in the result of the opera-
lions of the several joint-stock companies which have been
formed in various provincial localities for the letting of
wagons and carriages to railway companies, mineral
owners, merchants, and others, and the many advantages
presented by the metropolis as the seat of such a Company,
in addition to the actual requirements of its trade, suggest
the formation of the Metropolitan Railway Carriage and
Wagon Company.
The plan adopted by wagon companies in the provinces
has been to contract for their supply of carriages and wa-
gons with some firm whose business it is to construct and
repair them, so that each company becomes bound to the
builder with whom they contract for the construction and
maintenance of its stock. The Company, however (while
'reserving the power to build and maintain its own stock),
will open its contracts to the trade, the advantages of which
plan are obvious.
Railway carriages and wagons are usually let on lease,
and their maintenance or repair undertaken by the builders
for a term of years at a fixed per eentage on the cost, so that
the net profit, after setting aside an annual sum to meet
depreciation and renewals, may be divided to the full.
The following figures exhibit the satisfactory position of
the leading Companies already established, which have been
profitable beyond the most sanguine expectations, and have
required in every instance an increase of their original
capital ; and, from careful estimates which have been made,
no reasonable doubt exists but that results equal if not more
satisfactory will accrue to this Company.

Name of Amount 1 Dividend per _
Company. of Share. cent. Reservel Price.
L
!10.) to 105
£ Premium.
ally large 58,910
Midland Wagon 10 and occasion-
-50
Company ......
bonuses I per cent.
The Railway
Rolling Stock 10 9 20 5,1 135t0 40
I
Association .... per cent.
Birmingham
Wagon Compy. 10,308
10 10 ; 4er
nt.
100 to 45
' ce
GlocesterWagon
p
10* in the first 3500 ! 35 to 40
Company ...... 1 year's working. ,
per cent.
* This Company build and maintain their own stock.
The liability of the shareholders is limited to the amount
of their subscription.

A deposit of £1 per share is to be paid to the bankers en
application, and £1 10s. per share on allotment. Should
no allotment be made, or two-thirds of the capital not be
subscribed, the deposit will be returned in full.
Applications for shares to bo made to the Brokers or
Secretary of the Company, from whom prospectuses, forms
of application, and other information may be obtained.

EGYPTIAN GOVERNMENT LOAN,
authorised by H. I. M. the Sultan, for £1,811,010 ster-
ling, to be issued in Bonds amounting to £2,195,200 at
824- per cent.
The Bonds to bear interest at 7 per cent. per annum,
from the Ist of March, 1862, payable half-yearly in
London.
The Loan to be redeemed in 30 years by an accumula-
ting sinking fund.
The Bonds to be drawn by lot half .yearly, and paid off
at 100. The first drawing in July, 1862.
Agents in London—Messrs, Friihling and Mischen, 12,
Austin-friars.
This Loan has been contracted for by the Viceroy of
Egypt, with the Bank of Saxe-Meiningen, for the purpose
of extinguishing the floating debt of Egypt, and is specially
secured on the revenues of the provinces of the Delta, pro-
ducing an annual sum exceeding .1;600,000 net, while the
charge for the interest and sinking fund on the Loan will
be £176,000 per annum.
The net revenue of Egypt, after providing for the tribute
to the Porte, exceeds £3,500,009. There is no foreign pub-
lic debt and no paper currency.
A special authorisation of H.I,M. the Sultan for the issue
of this Loan has been obtained by the Viceroy.
The Sultan's authority, and the special appropriation of
the revenue of the Delta as security for the Loan, will,
under the terms of the contract, be stated in the bonds,
Arrangements have been made for the regular transmis-
sion of the requisite funds for the half-yearly interest and
sinking fund to Messrs. Friihling and Goschen, in London.
I he terms of issue are as follows :-
5 per cent. on Application.
10 „ on Allotment.
15 „ 10th May, 1862.
15 „ ICth Juno, 1862.
15 „ 10th July, 1862.
15 „ 10th August 1862.
7I „ Ist September, less £3los. per cent., being
one half-year's interest on the nominal
amount of the Bond.

82±
Subscribers will have the option of paying the instal-
ments in advance on allotment, or on any of the above dates,
under a discount of 7 per cent, per annum on such prepay-
ments ; but, in default of due payment of the respective
instalments, all previous payments will be liable to for-
feiture.
After allotment scrip certificates will be issued to
"bearer." These certificates will be exchanged for bonds
to "bearer" of £lOO, £6OO, and £l,OOO each, after payment
of the final instalment. Coupons will bo attached to the
Bonds, payable the let of March and the Ist of September,
at the counting-house of Messrs, Friihling and Giischen.
The drawings for redemption of the Bonds will take place
every half-year, in the months of July and January, in
London, in the presence of a notary public.
The Bonds so drawn will be paid at par with the half-
yearly dividend.

Th-e first drawing will take place in July, 18(32.
The original contract for the Loan is deposited at the
Bank of England, in the names of the Bank of Saxe-Mein-
ingen and Messrs. Friihling and GOschen. A certified
translation can be inspected at the office of Messrs. Fresh-
fields and Newman, 5, Bank-buildings, London.
Applications for allotment to be addressed to Messrs.
Friihling and Goschen, 12, Austinfriars.
Forms of application may be obtained of the brokers,
Messrs. Laurence, Son, and Pearce, Auction Mart, E.C.
In the event of no allotment being made, the deposit will
be immediately returned.
FRUHLING and GOSCHEN, Agents for the Loan.
EGYPTIAN GOVERNMENT LOAN.
FORM OF APPLICATION.
To be forwarded to Messrs. Friihling and GOschen, 12,
Austinfriars, after payment of the preliminary deposit
to the bankers.
No—.
To Messrs. Friihling and Gosehen, Agents for the Egyptian
Government Loan.
Gentlemen,—Having paid at the Chief Cashier's office,
Bank of England, the sum of £—, I hereby request that
you will allot me of the Egyptian Government Loan,
and I hereby agree to accept the same, or any smaller
amount that may be allotted to me, and to pay the further
sum of £lO per cent. on the same when allotted.
I am, Gentleman, your obedient servant,
Signature
Address in full

Date

EGYPTIAN LOAN. --NO FURTHER
APPLICATIONS for this LOAN will be RECEIVED
AFTER TWO O'CLOCK on TUESDAY NEXT the
Bth inst.

LAWRENCE, SON, and PEARCE
For the Agents of the Loan.
_

London, April 5, 1862.

TR. BUCHAN'S INVIGORATING ESSENCE,
for NERVOUS RELAXATION and GENERAL
WEAKNESS, at once restores and invigorates with magical
rapidity the most Debilitated Constitution, thereby ensurinp;
permanent health, increased strength, energy. and a re-
doubled development of the muscular system. One trial will
force conviction, and prove failure impossible. Price per
bottle 4s. ed., lie., or four times the quantity, 335. Wholesale
Agents, Barclay and Sons, 75, Farringdon-street ; and of all
chemists throughout the world.

p °ST-OFFICE TUItK I S II BATHS,
19, St. Martin's-le-Grand.
2s. till 5, and Is. 6d. from 5 till 9 ; Sundays, Is. till 1.
An ESSAY on TURKISH BATHING, gratis.
OPINIONS OF THE PRESS.
" The Use and the Abuse of the Turkish Bath.—A very
useful pamphlet has been published by Dr. Culverwell, the
proprietor of the Turkish Baths in the neighbourhood of the
Post-office, which presents to the uninitiated a mass of inte-
resting, information, while those who have already encouraged
this new system will
derive additional advantage if they
observe some of the ',Tactical regulations which the writer
endeavours to enforce."—Tlerald and Standard, Nov. 12, 1861.
‘, The Post-office Turkish Baths, 19, St. Martin's-le-Grand.
_Dr. Culverwell has already established the reputation of
physician ; he has now proved himself to be a worthy
in as far as he has established, in the heart
an institution that more nearly than any disco-
very of modern days, goes nearer the abolition of the practice
of physic, than any proposition or invention yet established,
oia ) nfh ilt ahabeni etn
City,r o pi s t ,
the Turkish Bath. • . o.ur object being merely to direct
the attention of our city readers to the fact that they possess
elle of the best set of baths, at 19, St. Martin's-le-Grand,
:11, ti.
scl
baths
tohs
st
wadimthiraall
which the country Can prOduce; perfect in all its appliances,
of eleganc(, luxury, and refinement,
leegirneeeffect Dr. Culverwell has lifted up
that taste or delicacy could desire
which, considering the space at his disposal
is truly sur-
prising, While everything
that if a,
has been obtained to add to the comfort i 1
aun(, luxury of the
visitor. .
it is ott:.noming
man ever feels
Thiurmkseislthr33eletz,,,L'etedtmraaa,nyodjenutes..Wtlyinsge, out of a
_
13. 1861.
Consultations daily till 12 a.m.