The Sun.
London, England, 1846-01-22 00:00:00

No. 16,673. LONDON, THURSDAY E 6
4

CHRISTMAS HOLIDAYS.
OYAL POLYTECHNIC INSTITUTION,
15...510 Lectures for this period of the year, by Dr. Ryan and
Professor Bachoffner in CHEMISTRY and NATURAL PHILO-
SOPHY will be illustrated by interesting and brilliant experiments.
A Lecture on the PREVALENT DISEASE in POTATOES will be
delivered by Dr. Ryan, and also on the ATMOSPHERI RAIL-
WAY, by Professor Bachoffner, a Working Model of which, ear-
ryiug several persons, is exhibited daily. The additions to the
OPAQUE MICROSCOPE, DISSOLVING VIEWS, and C LIROMA-
TROPE are very effective. The PHYSIOSCOPE. Submarine Ex-
periments by means of the DIVER and DIVING BELL. Among
the various additions to tke Working Models Is Coleman's NEW
AMERICAN LOCOMOTIVE ENGINE, for ascending and de-
scending Inclined Planes. A magnificent Collection of TROPICAL
FRUITS. Mr. Downe, the celebrated Flute Player, will take part
in the Music., eonducted by Dr. Wallis. Open front Eleven to Half-
past Five, and from Seven to Half-past Tan in the Evening.
Admission, One Shilling. Schools, Half-price.
FATHIOPIAN .SERENADERS. - SECOND
CONCERT at the HANOVER-SQUARE ROOMS.
Messrs. GERMON, STANWOOD, HARRINGTON', PELL, and
WHITE respectfully announce that their SECOND CONCERT will
take place on FRIDAY EVENING, January 23, on which occasion will
be introduced a change of Programme.
For particulars see Bills of the day.

THE MERCHANT TRADERS' SHIP LOAN
AND INSURANCE ASSOCIATION.
(Prvisionally Registered according to Act of Parliament.)
Capital, 100,000,000/., in 20,000 Shares of 501. each.
Deposit, 21. 2s. per Share.
Five Shillings a Share to be paid on Allotment, the remainder on the
Execution of the Deed of Settlement.
No Shareholder to be liable beyond the amount of his Subscription.
TRUSTIES.
The Right Hen. Captain Lord Viscount Ingestre, R.N., C.D., M.P.
Sir Robert Price, Bart., M.P.
David Hope, Esq., Glasgow
COMMITTEE OF MAXAORMENT.
The Right Hon. Captain Lord Viscount Ingestre, R.N., C.P., M.P.
Sir Robert Price, Bart., M:P.
Captain Samuel Price, R.N., Senior United Service Club
Robert Wright Wood, Esq., Lodge-place, St. John's Wood
William Webster Watson, Esq., Inner Temple
Edward G. Winthrop, Esq., Gloucester-street, Regent's-park
Captain Blair, if .E.1.C.5., Glasgow
David Hope, Ay., Glasgow
Mathew Diok, Beg.' Meikle Ernoch Merchant, Glasgow
MANAGINUDIitacTox.--Augustus Collingridv, Esq.
• • it.kxxess.
?pa Commercial Rank of London, toadiury"''-'-'—'44"-"''
Tile City of Glasgow Bank, Glasgow
The Hibernian Banking Company, Dublin. •
SOLICITOR.
John Watson, Jun., Esq., 10, Henrietta-street, Covent-garden.
SOLICITORS FOR SCOTLAND.
Messrs. Campbell and Tennents, George-square, Glasgow.
OFFICIO.

London-2, Fish-street-hill
Glasgow-88, St. Vincent-street; Manager, John M`Lellan, jun., Esq.
Dublin-12, Lower Sackville-street ; Manager, J. B. Bankhead, Esq.
The objects of this Association are twofold—the Insurance of Ships
and the Advancing of Money by way of Loan, secured by mortgage
oil shipping. Each branch affords its own share of individual profit ;
but the two operations, judiciously combined, will evidently be pro-
ductive of highly remunerative results to the proprietary.
The immense fortunes known to have been realised by individuals
who have advanced money upon the security of shipping, with an
assignment of the policy of assurance, afford the best guarantee of the
soundness of the principle upon which the Association is founded.
The almost incredible number of British shipping under mortgage,
shown by the books of the Registrai-General of Customs, exhibits a
wide field for the operations of the Association. The great bulk, if
not all of these loans, have been obtained upon exorbitant terms by
the small owner from his more wealthy neighbour, who may look
rather to the obtaining possession of the vessel by foreclosure than
to the eligibility of the security as an investment.
The Association will advance a sum of money, in no case exceed-
ing two-thirds of the vessel's value, upon the report of its surveyors ;
which loan shall be secured by mortgage upon the whole ship and
earnings by freight, the policy of insurance effected with the Asso-
ciation remaining in its hands until the termination of the period
for which the loan has been granted.

Among the many advantages it holds ant, the following are not
he least:

To the Shipowner, the certainty of obtaining, at a moderate rate,
and without injury to his credit, pecuniary assistance when he most
requires it.
_ .

The opportunity of relieving himself from mortgages bearing an
exorbitant interest, and effecting them with the Association at au
equitable rate.
To the Shipbuilder, particularly when building for the market,
either at home or in our colonies, by placing him in a position less
dependent upon immediate sale at an unfavourable season.
To both, a participation in the profits of the Association by be-
ming shareholders.
The Association embodies the following advantages for its Pro-
prietary :
The immediate certainty of securing a very large number of poli-
cies of insurance, since, although insurances will be taken without
loans, no loan will be granted unless the policy be effected with the
Association; hence the double profit which will arise from these two
sources.
A total absence of risk to the shareholders. •

It may be added that an extensive connexion has been already
formed in the leading ontports, and insurance business to a large
amount secured for the Association.
The same machinery sufficing for the working of the double prin-
ciple here exhibited, the expenses of management will not exceed
those of any ordinary marine Insurance-office.
The necessary Parliamentary notices for an Act of Incorporation
have been duly given in the Gazettes of November, 1845.
The whole sum required for the preliminary expenses has been
advanced by the London members of the Committee of Management.
Applications for shares, in the usual form, may be made to the
Committee of Management, and addressed to any of the above-named
officers of the Association, to the solictors, or to any of the following
agents, from whom more detailed prospectuses may be had :—Wm.
Calierata, Esq., Exehange-buildings, Liverpool; Messrs. Flint and
loofa], Hull; Messrs. Drewry and Richardson, Newcastle-on-Tyne ;
Robert W. Ogilvie, Esq., Neweistle-on-Tyne ; W. J. Barker, Esq.,
Sunderland; Messrs. Carr and Sons, Whitehaven ; Tiffin Bell, Esq.,
Workington ; Messrs. Wood and Son, 1W rypert ; Henry Smith, Esq.,
Fleetwood; T. Sanford, Esq., Exeter; A. W. Forbes, Esq., Glasgow;
J. Mac Lellan, jun., Esq., 88, Vincent-street, Glasgow ; Messrs.
Girdwood and Co., Leith ; J. 1 . Bankhead, Esq., 12, Lower
Sackville-street, Dublin; Robert Henderson, Esq., Donegalquay,
Belfast; Messrs. Ryan Brothers, Limerick; and Messrs. Hughson
and Dobson, Edinburgh.

NATIONAL LOAN -FUND LIFE ASSUR-
ANCE SOCIETY,
2G, CORNIIILL, LONDON.
Capital R 500,000.
Empowered by Act of Perilsment.
This institution offors important and substantial advan-
tages with respect both t. Life ASS-Jilin:A?! and Deffn-red Annuities.
The assared has, on all occasions, the power to bon )vr, without ex-
pense or forfeiture of the Policy,-two-thirds of the premium paid,
(see table); also the option of selecting benefits, luid the conversion
of hi, interests to meet other convoni,.nces or necessity. Assuranceg
for terms of years are ;fronted on the lowest possible rates.
DIVISION OF PROFIT:.
The success and inaeasing prosperity of the Society has enabled
the Directors, at the last animal investigation, to declare a third
Bonus, varying from to 7d For cent. on the premiums paid on
each Policy effected en the Profit scale.
EXAMPLIgi.

..,12 .ti . ~,
9- -u2 " ... 0 .., a
Bonus • Bonus In *"..
0,4 Premium. e) ~ Cd ea ,
P p . added.' Cash. E. 5-4° n - is
,:, g .4 4
1 . V : :1 0 0
-- -- -
A 1837 £l9l 13 5 £B7 13 5 £l3 17 1 £395 11 1
Ga Inla, li t 7 1838,' 165 13 0 74 13 10 11 8 6 36 2 3
--1- - - 1839' 138 13 66114 3 92 10 296 13 4
• I 11840: 89 0 0 41 13 4 6 I 0 247 4 5

Tao di.7ision of profits is annual, and the next will be made in De-
'emi,er of the present year.

F. FF.RCITTSION CAMROUX, See.

NATIONAL PROVIDENT INSTITUTION.
No. 48, GOteechtireh-street, London, for Mutual Assurance
on Lives, Endowments, Deferred Sums, Immediate and Deferred
Annuities.
Enrolled under the Acts of Parliamentrelating to Friendly Societies.

C. P. Boustleld,'Esq.
Johri Bradbury, Esq.

William Cash, Esq.
Thomas Castle, Esq.
John Feltham, Esq.
Joseph Hargrave, Esq.
Thomas Hodgkin, M.D.

DittErroas.
Robert Ingham, Esq.
Joseph Janson, Esq.
S. Hayhurst Lucas, Esq.
' Charles Lushington, Esq.
_ 'John St. Barbe, Esq.
Richard Shortridge, Esq.
Saimiel Smith, Esq.

MEDICAL DIRECTORS.
3. T. Conquest. M.D., F.L.S. I Thomas Bevan, M.D., F.L.S.
It)ZPOIM the :1-iralti'l'OßA. tc, the Vnlrttl 2t-1!41:7AL 31E14
' of MEMBERS, held at the LONDON TAN ERN, Bishops-
gate-street, 15th December, 1845 ; •
CHARLES LUSH' NGTON, Esq , in the Chair.
Encouraging and satisfactory as all former Annual Reports have
been,-the Directors are much gratified,
.on this the tenth anniver-
sary of the Institution, to have to present to the members a state-
ment of the business of the past year, far surpassing in amount every
previous one, and exhibiting, as the Directors confidently believe, an
extent of proSperity which is unexampled in the history of Life As-
surance Societies.
During the past year, 911 policies have been issued, making an in-
crease of 180 beyond the former year, and producing on annual in-
come of 16,3351. 13s. 7d., and during the same period the number of
proposalsdeclined have amounted to 113, the lives not having been
deemed eligible for assurance.
This large yearly increase of the business of the Institution- has
been effected, notwithstanding the competition it has to contend with,
from many new as well as old-established offices; a convincingproof
that the more the benefits of the mutual principle of assurance (on
which this Sodiety is based) is known, the more it is approved.
The total annual income now amounts to the sum of 70,8191.
14s. sd.
The accounts of the institution, made up to the 20th November
last, have been subjected to the usual audit, from which it will appear
that the capital stock of the Society on that day amounted to the
sum of 241,4601. 13s. 3d., being by far the largest annual increase
which has hitherto been made.
By the deaths of members since the last report, claims amounting
to the sum of 21,2301. 2s. have become payable to their representa-
tives or nominees, and which have been duly discharged ; this
amount paid to the representatives of deceased members fully de-
monstrates the benefit of life assurance ; most of the members whose
deaths are referred to, though in health at the time of effecting the
assurance, did not live long enough to contribute more than a small
proportion of the sum paid to their respective families, who are now
deriving the benefit of the provision thus made.
The death of six annuitants has caused the sum of 1,6871. to fall to
the credit of Class 3.
The next division of profits will be made in November, 1847, and
the Directors have no doubt that the result will prove perfectly satis-
factory to the members.
In the early part of this year; in consequence of the large increase
that had taken place during the two former years in the number of
proposals, and the great accumulation of general business consequent
thereupon, presented weekly for the consideration of the Directors,
it became obvious that it was impossible longer to get through in a
satisfactory manner, all matters pressing upon them at one weekly
meeting ; and to relieve this pressure, and to afford greater con-
venience to persons attending to make assurance's, a second weekly
board, to be held every Friday, was adopted. In conformation of the
necessity and expediency of holding an additional weekly meeting,
the Directors refer to the extraordinary increase of business since its
adoption.
In conclusion the Directors confidently trust that by a perse-
verance in the course hitherto pursued to insure the stability of the
institution, and which has led to the successful results herein de-
tailed, the members may have the satisfaction to witness a long coil
tilmance of that prosperity which has throughout so signally
marked its progress.
The following statement shows the progress of the Institution since
its Commencement :

No. of Amount of
Years ending. Policies Annual Income. CilAtal. '
issued.
201.112,Tove1iber18S6.. 616 £ 8,021 12 2 £ 10,736 3 0
1837.. 435' 14,600 0 0 31,592 10 h
/1 9 9 1838.. 459 19,934 19 4 46,855 010
Of t, 1839.. 490 25,497 4 2 64,959 10 10
91 71 1840.. , 494 31,051 10 10 90,545 13 9
1841.. 357 36,357 1 4 114,993' 2 4
9 I If 1842.. 364 39,360 9 7 ' 139,806 .1 7
1843.. 703 44,219 17 0 167,079 11 2
f f ft 1844.. 722 - 55,037 9 2 202,162 1 9
1845.. 811 70,819 14 5. 241,461 13 3

Total Number • • •

5,551

UOST-OFFICE DIRECTORIES FOR-1846.
-Now published,
POET-OFFICE LONDON DIRECTORY, with a Map, price 30s.
POST-OFFICE. DIRECTORY of the SIX HOME COUNTIES,
viz., Essex, Herta, Kent, Middlesex, Surrey, and Sussex,with Maps,
price 255.
POST-OFFICE DIRECTORY of MR MINGHAM with War-
wickshire and South Staffordshire, with Maps, price 20s.
Kelly.andto., Old lloSWell-court, and all booksellers.

POST-OFFICE LONDON DIRECTORY
for 1846.

The earliest copy of the work has been but a few days issued, and
the following reviews have already appeared in the leading metropo-
litan journals:—

SUN, December 27, 1845.
This work has now reached the forty-seventh annual edition, and,
to the credit of Mr. Kelly, the proprietor, who has spared no expense
or labour in the compilation, keeps progress with the times, and
marks, more than any slmihtr publication, the great changes which
have taken place, not only in our trade and commerce, but in the
appearance and 'extent of this vast metropolis. No other nation
could furnish materials for such a work, and to these is the compiler
partly indebted for such a mass of useful information, useful, not to
a few elasses only, but to the whole community. There is not one
class in the community to which some of the directions are not Ab-
solutely necessary. It extends to 2,074 pages, printed in a close, lint
clear and bold type, and is accompanied by a beautiful, minute, and
as far as we have had an opportunity of judging, a correct map Of
all the streets of London, with the names of each distinctly marked.
The work does great credit to Mr. Kelly, and we have no doubt that
the excellent manner in which it is prepared, and the infonnatibn
which it conveys, will insure for it universal approbation and com-
plete success.

GLOBE, Jan. 17, 184 G.
It is only necessary to say of this established work, that it sustains
the high reputation for accuracy and comprehensiveness which
the fortnervolumes, is Mr. Kelly's hands, at once obtained for It.
In fact, to all. London residents this annual has been an indispens-
able Volume. lii the present year several improvements have been
added.

TIMES, January 9,184 G..
This volume unlike many others, as it increases in bulk, increases
correspondently in value; thus every succeeding edition is mote
Predecessors, and the bOok of 1846 contains mote
the book of 1845. The volume tbr the current
valuable t
itohna n t
h itsa n
year surpasses anything of a similar kind that has ever been offered
to the public as a guide-book to the names, -occupations, professienr,
and habitations Of the hundreds of thousands ot,the inhabitants ••of
London, or that, has hieb. lisued,frori .he tnie4'. 'ln
.4,
wlvecver has-a- "tneol,kabitatiott and a-nsune'' noted down- ,thdt
is, if he be a housekeeper, an office-keeper, or the proprietor qr
keeper of anything beyond a furnished lodging or the humble o
cupant of an attic. There is an " Official Directory," a " Stre
Directory," a " Trades' Directory," a " Law birectory,"
" Court Directory," a " Parliamentary Directory," a " Postal Dl;-
rectory," a " City Directory," a " Conveyance Directory,"
" Banking Directory," and a mass of other matter, explanatory qf
many things which are nece-sary to be known, and which are net t¢
be found collected together and easily accessible in any other volumi.
This is the 47th annual publication of the work, which is now so fully
established in public estimation, for the accuracy and multk-
plicity of its intelligence, requisite for every class and for every
day, that to be without it is almost an imputation on the common
sense of all persons connected with the trade of London or the
common business of life.

MORNING HERALD, December 27,•1845.
This excellent work, the 47th edition of which has just reached us,
keeps pace with the commercial requirements of the times. Th
" Post Office Directory" of some twelye years since, and the " Pos
Office Directory" for the coming year present a remarkable contras
Then it was confined to a meagretlist of names, comprised within a
circle of two or three miles, and might have been put very conveniently
into one's coat pocket. Year after year it has increased iri size, and
added various and valuable stores of information to its columns ; its
hundreds of pages have grown into thousands, and it now embraces
the metropolis and its suburbs, from north to south, east and west;
and comprises within its voluminous pages of information (limn
absolutely indispensable to the merchant and tradesman) a
" Official Directory," a " Street Directory," a " Commercia
Directory," a "Trades' Directory," a "Law Directory," a "Con
Directory," a "Parliamentary Directory," a "Postal Directory,',
a " City Directory," a " Conveyance Directory," a " Banking'
Directory," and a variety of other copious lists of Information;
the mere transcription of which would occupy considerable time,
Its list of "Provincial Inns" extends bver 31 pages of three columns
eack ; its "Post Office London Official Directory" over 48 pages;
twenty-eight of which are of four and twenty of two columns each
its "Street Directory" 472 pages of three columns each; i
"Commercial and Professional Directory" 504 pages of two colnmn
each ; its "Trade Directory" 623 pages of three columns each ; it
" Law Directory " 64 pages ; " Court Directory " 110 pages
" Parliamentary Directory " 36 pages ; " Postal Directory " (mos
elaborately compiled) 67 pages, &c. This portion of the work h
been much enlarged and improved. It now supplies us with th
hour of delivery of the London letters at each town and village ii
the United Kingdom at which there is a Post-office or Receiving
house, and the time at which the letter-box for London closes a
each place ; also the distance of each from the post town throng
which the London letters are transmitted. •We also observe that th
valuable Map of London, which has for some years past accompanie
the volume, and which has been frequently much improved, is ren
dcrcd still more valuable in the present edition. The names of eac
street are most distinctly printed, and we hesitate not to state the
it is one of the best Maps of London extant. The Work is printed
in a clear bold type. We can scarcely think it requires special rei
commendation, fln* no man who really has business to transact can
well do without it.

MORNING CHRONICLE, Jan. 17, WV.
The annual volume just published of this laborious and valuabl
work deserves the same meed of approbation which has been se de
servedly bestowed upon its predecessors. In mere size, it is con
siderably larger than any of them, not only by the introduction o
new information, but in consequence of the yearly growth of the me
tropolis, to the avocations and whereabouts of whose inhabitants it i
intended to form the " directory." The enormous multitude of fact.
which are condensed in the bulky volume before us is really over-
whelming ; ,yet they are not more- than are requisite to make the
dwellers in our overgrown city dttly. acquainted with one another's
business and residences. The facts are presented in the same availablq
form, and with the same attention to accuracy and recentness of
formation which Characterise the volume for 1845, and rendered it a
model of perfection as a directory. We observe some useful Pali
ditions to the contents of the present publication, especially in the.
section devoted to the I'ost•onice arrangements, which are so rapidly,
becoming extended and complicated under the double impulse o 4
new railways and the penny postage.
MORNING ADVERTISER, Dec. 24, 1845.

HOIST-HAND for the MILLION, reduced to
L 7 a few plain Rules, that any person may acquire the art of
writing it with facility in six days, by the sole aid of the HAND-
BOOK of STENOGRAPHY. By WILLIAM CARPENTER.

" Mr. Carpenter is one of the ablest Parliamentary reporters of the
lay, and his little " Hand-Book" is a treasure for acquiring a know-
ledge of the useffil art of short-band."—Morning Chronicle.