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-
raent.

Calls not to exceed 42 per share, at intervals of not less
than two months.

DIRECTORS.
Captain Inglefield, R.N., 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 Cora
pant•
Rowland Ronald, Esq.
F. J. Van Zeller, Esq., Consul-General for Portugal.

ELECTRICIAN AND ENGINEER.
Thomas Allan, Esq., C.E.
CONSULTING ENGLNEER.
J. A. Longridge, Esq.,
BROKER.

Joseph Sebag, Esq., 12,WiOgmorton-stieet, E.C.
BANKERS.

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

Barned's Banking Company (Limited), Liverpool.
The European Bank (Limited), Paris, Amsterdam, Rol
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 Learmonth, 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 the Western Hemisphere.
Experience proves tha' the scientific and commercial
success 9f 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
generally.
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 1,400 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 expense; 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 receipts for the year would amount
to
.£438,000
Deduct cost of management., &c. OR.. 58,000

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

_
120,000

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 totdl lost Capital £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

---- .Z 1937,000
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 the licence are £lO,OOO, out of the
capital for the first section, and 5 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 profit§ 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, whore
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.

TOHN GOSNELL and CO.'S CHERRY
TOOTH PASTI is greatly superior to any tooth
Powder: gives the teeth a pearl hlteness, protects the
enamel from decay, and imparts a pleasant fragrance to the
the breath. Price Is. 81-12, Three King-court, Lombard-
street. London.

SCIENTIFIC AND ORNAMENTAL PRESENTS.
ORNAMENTS for the Drawing-room, Library,
aid Dining-room, consisting of a new and eiegant assort-
ment of VASES, Figures, Groups, Candlesticks, Obelisks, Ink-
stands, -,eautiful inlaid Tables, Paper weights, &0., in Italian,
AlabaFt2r, Parian, Marble, Bronze, Derbyshire Spar, dm
Imported and manufactured by JAMES TENNANT, Mine.
ralogist to her Vrajesty, 149, Stand, W.C.. London.
Mr. Tennant arranges elementary oollectlons of ROCKS,
M ENE RA LS, and FOSSILS, to illustrate the new edition
of Lyell's 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 510 guineas each.
PRACTICAL INSTRUCTION 111 GEOLOGY and MINE-
R &LOGY is given by Mr.TENNANF.F.G.S., at 149. Strand.

SAILORS' ORPHAN GIRLS' SCHOOL and
ROUE, Hampstead. Offices. 77, Cornhill.
PATRON—The QUEEN.
TRUSTEES.
Capt. the Hon. Francis Maude, The Rev. Canon rhampneys
I R.N Thomas Baring, Esq ,
TREASURERS.
R. C. L. Bevan, Esq. I Robert Hanbury, 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
Igervice, and provides a home free of expense for former
inmates while out of situations, thus shielding them from the
temptations Limy might otherwise be exposed to.
committee earnestly APPEAL for CONTRIBU-
I'IONS to meet the increasi g applications through the
recent storms and loss ,f 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
Bailors annually by casualties alone, without including those
Who may perish by war.
,„ Subscriptions thankfully recetv by the bankers, Messrs
iarclay, Bevan, and Co., Lombard-Etrect, and by the Secre-
tary, at the Offices, No. 77, Cornhill.
R. SWEETING, Hon. Sea
CHA RI. ES NASH. See.

'ROYAL FREE HOSPITAL, Gray's-inn-road,
in the immediate vicinity of the Great Northern Rail-
WftY Terminus.ali ing's -cross.
Patron—Her Most Gracious MajeAty the QUEEN.
li This Hospital, founde I in the year 18.t3, the Hirst to estab-
pal the principle ot ee admission to the sick poor ithout
,„Ile delay and difficulty of Governors' orders. is whollyde-
velment for support on voluntary contributions and t !za,,te9.
midti,,aff,rds relief to a large number of in-patients, and, in
,ion to this, the average number of attendance of the
a,,,stitlite sick has for a eon iderable period averaged between
Vt, and 4,000 weekly.
bcnee CoMrdittee earnestly solicit the ASSISTANCE of the
eont
alning olent, as the premises of this Hospital are capable of
the several requisite humaintain them. ndred more beds, had the Committee
„r. kinds to
te\lll.lrikutions are received by the Treasurer. Edward Mu ,
DroZ.u, LIN., Nicholas-lane; also by Messrs. Coutts and Co.;
a„ uanond and Co. ; Glyn and Co. ; Herries and Co. ; Ransom
Co ;
_Prescott, Grote, and Co.; Smith, Payne, and Co.; ')arcl •
113 r and Co. • xv ilia s Deacon, and Co.; Overend, Gur-
^ 7' and Co ; Nis'bet andtaCo'. , Berners-streetManed and
• Liv
•• `IIX/01; and at the Hospital. from 10 till 5.
STANFORD small, Secretary.