The Sun.
London, England, 1865-09-28 00:00:00

ALLAN'S TRANSATLANTIC TELEGRAPH
COMPANY (Limited), via Falmouth, Oporto, Flores—
one of the Azores, and Halifax.

,
Incorporated under the Companies Act, 1862, with
Limited Liability.

Capital £150,40, in 15,000 shares of £lO each, for the
construction of the line to Portugal, with power to in-
crease for completion of the line to Halifax, or for addi-
tional lines as may be required.
Deposit £1 per Share on Application, and £1 on Allot-
ment.

Calls not to exceed £2 per share, at intervals of not less
than two months.

DIRECTORS.
Captain Inglefield, F.R.S., F.R.G.S.
James Stansfeld, Esq., M.P.
J. W. Mollett, Esq.
The Hon. A. C. Hobart, Captain R.N.
James White, Esq., M.P.
Charles Martin, Esq.
William Austin, Esq.
John R Engledue, Esq., Peninsular and Oriental Com.
pang.
Rowland Ronald, Esq.
F. J. Van Zeller, Esq., Consul-General for Portugal.

ELECTRICIAN AND ENGINEER.
Thornas_Allan, Esq., .C.E.
CONSULTING ENGINEER.
A. Longridge, .Esq.,
BROKER.
Joseph Sebag, Esq., 12, Throgmorton-street, E.C.
BANKERS.

The Bank of London, Threadneedle-street, and Charing.
cross.

Barned's Banking Company (Limited), Liverpool.
The European Bank (Limited), Paris, Amsterdam, Rot-
terdam, and Marseilles.

SOLICITORS.
Messrs. Ashurst, Morris, and Co., 6, Old Jewry.
AUDITORS.
Messrs. Cash and Edwards, King's Arms-yard, Moorgate-
street.

SECRETARY (PRO TEM.)
Richard Learmanth, Esq.
TEMPORARY OFFICES.
No. 28, Bucklersbury.

National and commercial interests require that the Im-
perial Government and the merchants of Great Britain
should be placed in direct and independent telegraphic
communication with thl Western Hemisphere.
Experience proves that the scientific and commercial
success of Ocean Telegraph must depend on two conside-
rations-Ist, the nature and construction of the cable ; and
2d, the expense attendant on its working.
This Company has secured the exclusive right to use the
well-known cable and system of deep sea telegraphy, per-
fected and patented by Mr. Allan, between Great Britain
and America, which effects a saving of about 33 per cent.
on first cost, with about 50 per cent. extra working powers
as compared with others.
The cable, from its peculiar principle of construction,
smallness of bulk and weight, renders the carrying and
submerging it a simple mechanical operation comparatively
without risk of injury to its electrical integrity, for ocean
depths and distances.

The object of this Company is to establish telegraphic
communication between London and New York, the two
great termini or centres of telegraphic communication in
the Old and ,New World, by submarine line or lines from.
Falmouth, to Halifax, Nova Scotia, the inlet to all the tele-
graphic lines already in operation on the American Conti-
nent, thus organising a telegraphic communication between
Great Britain, the Canadas, British Columbia, and America
_ _

AlthoUgh the Directors are satisfied that, with the sys-
tem of cable adopted, the direct line from Falmouth to Hali-
fax could be safely and satisfactorily laid, it is proposed, as
a measure of prudence, to carry out the establishment of
Transatlantic Telegraphic communication, in the first in-
stance, by a less direct route ; and to construct, firstly, the
section from England to Oporto, the length of cable for
which distance will be about 600 miles, and would be highly
remunerative in itself ; it will also fully demonstrate the
practicability of safely submerging and working this form
of cable in ocean depths.
The length of cable from Oporto to Flores, one of the
Azores, would be about 900 miles, and from thence to Hali-
fax about 1,400. Thus this route has the great advantage
of its longest unbroken distance being only 1,100 miles.
As it is perfectly certain that one line will not suffice for
the expected traffic, the next may be carried direct from
Falmouth to Halifax.

About £600,000 will be required to complete the com-
munication to Halifax, including incidental expenses, and
the following is an estimate of what may be calculated
upon as a return for that outlay:—
Estimating the cost of a message at 80s., and
the transmission at the low rate of 15 mes-
sages (not exceeding 20 words)per, hour, and
assuming 20 hours to the working day, the
aggregate receiptsfor the year would amount
to £438,000
Deduct cost of management, &c.

Would leave a net profit of
Deduct 20 per cent. on capital to be placed to
Reserve Fund

Will leave £260,000
equal to a dividend of 43 per cent. on the estimated con-
struction capital.
The two unsuccessful attempts of the Atlantic Tele-
graph Company place them in the following comparative
financial position with this Company :
First cable total lost Capital X 500,000
Second cable £700,000
Bonus if laid with success 137,000

837,000
New cable proposed to be
laid
Bonus if laid with success 100,000

600,000

--- £1,937,000
•
Allan's cable estimated cost to America
Should the Atlantic Company be successful in recovering
the second cable, and succeed in laying a third, they)' would
have to pay dividends upon upwards of three times the
capital of this Company ; or one cable must pay dividends
on the cost of three, to say nothing of the difference in
expense of working.
It must necessarily follow that this Company, being able
to adopt a much lower tariff than the Atlantic Company,
Would always command preferential and full employment.
The payments for tho licence are £lO,OOO, out of the
capital for the first section, and•s per cent. in fully paid-up
shares on the future capital as raised, together with a
royalty of 10 per cent. on the net profits. Said royalty not
to take effect until the net profits exceed 100 per cent.
A provisional contract has been made for the construction
and submerging of the first section of cable, from Falmouth
to Oporto, including all expenses in forming the Company
up to the allotment of shares, for the sum of £130,000, and
the contractors stipulate that they shall receive 1,500
fully paid-up shares in part of same.
Prospectuses and Forms of Application for Shares, with
statement of Allan's system of Ocean Telegraphy, can be
had at the offices of the Company, or at the Brokers, where
the Articles of Association and specimens of the cable may
also be inspected.
Especial care has been taken that the Articles of Asso-
ciation agree with the Prospectus in every particular.

JOHN GOSNELL and CO.'S CHERRY
TOOTH PASTE is greatly superior to any tooth
Powder; gives the teeth a pearl n hiteness, protects the
enamel from decay, and imparts a pleasant fragrance to the
the breath. Price 18. 6d.-12, Three Kin;-court, Lombard-
street. London. •

SCIENTIFIC AND ORNAMENTAL PRESENTS.
ORNAMENTS for the Drawing-room, Library,
a et Dining-room, consisting of a new and e,,egant assort-
Ment of VASES, Figures, Groups, Candlesticks, Obelisks, Ink-
stands, •)eautiful inlaid Tables, Paper weights, &o, in Italian,
Alabaetn-, Parian, Marble. Bronze, Derbyshire Spar, &o.
Imported and manufactured by JAMES TENNANT, Mine-
ralogist to her Atkiesty, 149, Stand. W.C., London.
Mr. Tennant arranges elementary oollections of ROCKS,
11 [NE RALS, and FOSSILS, to illustrate the new edition
of LyelPs Elements of Geology ; they will greatly facilitate
the interesting study of MINERALOGY and GEOLOGY,
and can be had at 2,5, 10, 20. 50, to 500 guineas each.
PRACTICAL INSTRUCTION in GEOLOGY and MINE-
R A.LOGY is given by Mr.TENNANT,F.G.S., at 149, Strand.

SAILORS' ORPHAN GIRLS' SCHOOL and
HO 11E, Hampstead. Offices, 77, CornhilL
PATRON—The QUEEN.
TRUSTEES.
Capt. the Hon. Francis Maude, The Rev. Canon Champnpre
I R.N Thomas Baring, Esq.,
TREASURERS.
It. C. L. Bevan, Esq. Robert Hanbnry, Esq.
This Institution is designed to supply a great national
Want, viz., an asylum for the orphan daughters of sailors in
the Royal Navy and Merchants Service and of Marines.
It clothes, maintains, and educates them for domestic
service, and provides a home free of exoense for former
Inmates while out of situations, thus shielding them from the
LeMptations they might otherwise be exposed to.
„,The Committee earnestly APPEAL for CONTRIBU-
TIONS to meet the increasi g applications through the
recent storms and loss of life at sea, and- o enable them
eventually to obtain premises more commensurate with the
necessities of this great maritime country, which loses 2,000
, without including those
6aflors annually by casualties alone]Win may perish by war.
tt Subscriptions thank( Lo reoew by the bankers, Messrs
arelav Bevan, and Co., mbard-street, and by the Score-
ta •
17. at the Offices, No. 77, Cornhill.
R. SWEETTNG, Ron. Sea
CHARLES NASH, Sea

IitOYAL FREE HOSPITAL, Gray's-inn-road,
in the immediate vicinity of the Great Northern
"4Y Terminus, liing's-cro"•
Patron—ffer Most Gracious Majesty the QUEEN.
rhia Hospital, foutidei in the year 1828, the first to estab-
ihAllthe principle of free admission to the sick poor, without
uelaY and difficulty of Governors' orders, is wholly de-
epdent for support on voluntary contributions and
aff,,rds relief to a large number of atients, and, in
,7'Pon to this, the average number ot attendance of the
,tyute sick has for a considerable perlod averaged between
and 4,000 weekly.
bcrt Committee earnestly solicit the ASSISTANCE of the
er,,,telv;el.,ent, as the premises of this hospital are *capable of
the 'fling several hundred more beds, had the Committee
, requisite funds to maintain them.
Drummare received by the Treasurer, hdwara bias •
Drum°, Esq., Nicholas-lane; also by Messrs. Contts and Co.;
and ~rilond and Co. ; Gly-n and Co. ; Berries and Co. ; Ransom
. p
Barclay • rescott. Grote, and Co.; Smith, Payne, and Co. ;
hey, a,,,nd W Mame, Deacon, and Co.; Overend,
; -Nisbet and Co. , Berners-street ; T. Barned and
I'rPool ; and at the Ifosuital. from 10 till 5.
STANFORD SUIT i, Secretary.