The Sun.
London, England, 1867-07-10 00:00:00

BROKERS.

Messrs. P. Cazenove and Co., 52, Threadneedle-street, E.C.
Messrs. Foster and Braithwaite, 27, Austinfriars, E.C.
SECRETARY (ad interim)—John C. Deane Esq.

Temporary Office's-26, Old Broad-street, London, E.C.
The object of this Company is to establish, under one
control and management in London, a direct and
thoroughly effective line of telegraph, via Egypt and
Aden, to India, with extensions hereafter to Singapore,
China, Japan, and Australia. The route of the proposed
line (which is shown on plans, to be obtained at the offices
of the Company) is the route by which all the mails,
passengers, troops, and overland merchandise between
this country and the East, are forwarded.
The present condition of telegraphic communication
with India is most unsatisfactory. Commercial messages
usually occupy many days in their transmission, and
arrive not only in a mutilated, and frequently un-
intelligible, form, but also without regard to priority of
date, thereby misleading those who place any reliance
upon them. From the many countries, differing in
language and administration, through which the messages
pass, it is impossible to obtain either explanation or re-
dress ; while the cost, distance, and delays aro too great
to admit of corrections being obtained by repetition.
The necessity for a thorough change of the existing
system has boon repeatedly urged by the several Chambers
of Commerce in India, and is universally felt in this coun-
try. The establishment of the direct telegraphic route to
India, by way of Aden, as proposed by this Company,
forms ono of the most important recommenthitions of the
recent Parliamentary committee on East India communica-
tions.

Under a well-organised system the average time of
transmission of a message between London and Bombay
ought not to exceed six hours. In order to effect this, and
to secure uninterrupted communication between England,
Egypt, Aden, and India, provisional arrangements have
been made for the transfer to this Company, when the line
between Egypt and Bombay is completed, or earlier if this
Company desire, of
1. A concession from the Italian Government for the
exclusive use, for 41 years, of a line of telegraph from
Susa (where the French lines terminate) to Modica, in
Sicily, to be worked by English clerks appointed by this
Company.
2. The agreement for a lease from the British Govern-
ment of the existing Malta and Alexandria cable for the
term of 42 years from May, 1865.
3. The agreement for a lease for 21 years (with the op-
tion of purchase, of the existing laud lines of the telegraph
to India Company, between Alexandria, Cairo, and Suez,
together with the concessions and firmans hold by that
Company for establishing telegraphs from Egypt to Aden
and India.

Between Modica and Malta the messages will, for the
present, pass by the short line of the Mediterranean Ex-
tension Telegraph Company; but the Italian Government
have granted a concession which will be vested in this
Company for continuing their independent line front Sicily
by a submarine cable direct to Tripoli, or other point on
the African coast, and it is proposed to exercise this right
at an early period in order to secure a second route (avail-
able in the event of interruption on the existing lines) be-
tween Sicily and Alexandria.
The direct route front London to Suez will, it is antici-
pated, be in actual work during the present year, and the
Company have entered into a contract with the Telegraph
Construction and Maintenance Company for making and
laying a thoroughly efficient line of telegraph (about 3,650
nautical miles in length) from Suez to Bombay, including
station buildings, instruments, and all expenses, for the
sum of £1,100,000, of which £lOO,OOO is to be retained by
this Company until the successful completion of the whole
of the work; £95,000 of the contract sum is to be paid in
shares of this Company, and £95,000 in debentures. The
contract provides for the completion of the entire line from
Suez to Bombay, in working order, to the satisfaction of
this Company's engineers. The entire line to be completed
in the course of next year, or at latest in the May follow-
ing.
It will be seen, therefore, that except through France
and over the short line of 60 miles from Modica to Malta
(which, however, is worked by English clerks), this Com-
pany will have under their own management, and worked
exclusively by an English staff, the whole line of telegraph
from England to Bombay, an advantage the possession of
which will tend greatly to insure a rapid and• accurate
transmission of messages.
It is scarcely necessary to remark upon the vast com-
mercial as well as national importance of this undertaking.
The number of messages transmitted between England
and India by the present slow and uncertain route, via the
Persian Gulf, with all the objections and uncertainties at-
tending it, was last year over 30,000, with an average of
30 words per message ; and the Directors of this Company
aro assured by India merchants and other competent judges
that with a direct and reliable route worked Ls now pro-
posed the number of messages by the new line will at once
be treble those now sent.
The cost of acquiring the lines from Susa to Modica and
Malta to Alexandria will be £lOO,OOO, payable in cash or
shares, plus any necessary expenditure or liability incurred
with the sanction of this Company.
The rent payable under the lease from the Telegraph to
India Company will be £1,500 per annum, to be increased
to £5,000 on completion of this Company's line to India, the
higher rent being payable only whilst the submarine line is
in work. The Company have the option of redeeming this
rent and of purchasing the whole property of the lessors
for £50,000 in cash, or shares, at the choice of the pur-
chasers.

The return from the Company's lines when completed
to Bombay is estimated upon the basis of tho present
charge of L 5 ls. per message of twenty words from London
to Bombay, as follows :

ANNUAL RECEIPTS.
Proportion due to the lines between Susa and
Alexandria in respect of traffic between Eng-
land and Egypt (the actual average of the re-
ceipts on the .I!,lalta. and Suez lines for the last
four years) .................................... ...... £58,550
Proportion due to the lines between Susa
and
Bombay (6,307 miles) in respect of traffic
between England and India—estimated at 100
messages per day each way, averaging 30
words each

Gross receipts £504,760

ANNUAL EXPENSES.
Rent to English Government for Malta
and Alexandria Line ..................... £15,000
Ditto to Telegraph to India Company
(max
ervißineusniaemrun n?
.......... ........... 5 600
Special for maintenance ,
(including outlay on Malta and
Alexandria Line as provided by the
lease) of the whole of the Company's
Lines, as hereafter explained, say... 125,000
Working expenses 30,000

175,000

Net revenue per annum ........................ £329,760
This revenue will yield a dividend exceeding £25 per
cent. per annum upon £1,300,000, which it is anticipated
will cover all the operations of the Company now proposed
between England and Bombay. _ _

As evidence of this being areasonable estimate, there is
the fact that the receipts for messages between this coun-
try and America by the Atlantic Cable were, for the first
sixmonths of its working, at the rate of £291,000 per an-
num, and that now, at the end of nine months only, those
receipts are at the rate of £430,000 per annum ; and it is
beyond question that the mercantile transactions between
Great Britain, India, China, and Australia exceed in mag-
nitude and value those between this country and America.

DEAFNESS.- Tire ORGANIC VIBRATOR—
wr rII INS 1' RUCTIONS PO it IN US K:.--
It fits into the ear, not percvptible, removes singing
noises in the head, and enables deat persons to hear at public
assemblies. Every other kind of hearing instrument. N u me-
roue testimon'als for inspection. -S. and B. SOLOMONS, 39,
Albemarle-street. Piccadilly.

TEA IS CHEAPER TITAN EVER.
is. 61., 2s , 2s 6 I. per lb. arc the prices at which
PHILLIPS and CO.,
Tea Merchants, 8, !Ong William-street, City, London, E.O.
are selling good and fine
BLACK TEA.
A. price current post free. 40s worth carriage free to any
Railway Station or Market Town in the United Kingdom.
All goods carriage free to all parts of London.
Observe— PHILLIPS and Co. have no Agents.
Sugars are supplied at market prices.

SALE OF MACHINERY.
CONTRACT DEPARTMENT, ADMIRALTY, SOMERSET
HOUSE, July 6, 1867.
THE COMMISSIONERS for EXECUTING
the OFFICE of LORD HIGH ADMIRAL of the
UNITED KINGDOM of GREAT BRITAIN and IRE-
LAND do hereby give Notice, that on TUESDAY, the 23d
instant, at Two o'clock, they will be ready to receive sealed
TENDERS for tho PURCHASE of several LOTS of
MACHINERY taken from her Majesty's ships Foxhound,
Flying Fish, Tartar, Etna, and Trusty, lying in Wool-
wich Dockyard.
_

Catalogues and. conditions of sale may be obtained here,
and at 1:111.'s Dockyards at Deptford and Woolwich.
Persons wishing to become purchasers must apply to
the Commodore Superintendent of H.M.'s Dockyard at
Woolwich for notes of admission to view the same.

No Tender will be received after Two o'clock on the day
of treaty, nor will any be noticed unless the party attends,
or an agent fcr him duly authorised in writing, to make a
deposit of 25 per cent. on the amount of the Tender.
Every 'render must be addressed to the Secretary of the
Admiralty, and bear in ,the left-hand corner the words
" Tender fcr Machinery," and must also bo delivered at
the Department of the Storekeeper-General, Admiralty,
Somerset Yours.

By order,
ANTONIO BRADY,
Registrar of Contracts and Public Securities.

liEATING'S PERSIAN INSECT DESTROY-
ING POWDER. For which a Prize Medal was
awarded to the Produocr at the International Exhibition,
1862.

This powder is quite harmless to animal life, but is un-
rivalled in destroying Fleas, Bugs, Plies, Cockroaches,
Beetles, Gnats, Mosquito., Moths in Furs, and every other
species of insect. Sportsmen will find this an invaluable
remedy for destroyl:l; Fleas in their Dogs, as also Ladies
for their Pet Dogs. Being the Original Importer of this new
invaluable article, which has found so great a sale that it has
tempted others to vend a so-called article, the nubile are
therefore cautioned to observe that the packets of the genuine
powder bear the autograph of THOMAS KEATING.
Sold in packets is , tins 2s. 61. and Is. 6d. each ; or Is.
packets, free by post for 12 postage stamps, and 2s. 61 on re-
ceipt of 36. Also in bottles Is. 2d., and with bellows is. 61.
and 3s, each, by

THOMAS KEATING, Chemist,
97, St. Paul's Churchyard, London, E.C.

THE MIST REMEDY FOR, IN DIGE3TION.
NORTON'S CAMOMILE PILLS are confi-
dently recommended as a simple but certain Remedy
for Indigestion, which 14 the cause of nearly all the diseases
to which we are subject, being a medicine so uniformly grate-
ful and beneficial, that it is with justice called the "Natural
Strengthener of the Human Stomach." "Norton's Pills "
act as a gowerful tonic and gentle aperient; are mild in their
operation, sate under any circumstances, and thousands of
persons can now bear testimony to the benefits to be derived
from their use, as they have been a never-tailing Family
Friend for upwards of 20 years.
Sold in bottles at is. lid., 2s. 9d., and Ils. each, in every
town in the kingdom.

DR. SCOTT'S LIVER AND BILIOUS
Indigestion,JV
wind,
PILLS.—A NEVER FAILING REMEDY.—Pre-
pared without any mercurial ingredient, from the recipe of Dr.
&a. For habitual
sperms,
soi:rfogißinroddinbmillieoeyous,s,Kadneizzndtiliiiwveeedirli„:bre
tfohoeusniendytesialuable to all who
costiveness, as a family aperient medicine, and as a purifier
of the blood, they are truly excellent; mild in their opera-
tion and grateful to the stomaoh, they create appetite, pro-
mote digestion, and strengthen the whole nervous system.
Prepared only and sold by W. Lambert, Chemist, 8, King
William-street, Charing-cross. London, and by most drug-
gists In boxes,ls. 1461., and three times the quantity in one,
21. 9J. Be sure to ask for Dr. Scott's Bilious and Liver Pills.
The genuine are a square green package. with " William
Lambert." engraved on the stamp.

RUPTURES.—BY ROYAL LETTERS PATENT
WHITE'S MOO-MAIN LEVER TRUSS
antgm we no hurtful
worn
(PERFECTED AND EXHIBITED IN THE GREAT
oin its effects, is here
ExminTxoss of 1851 and 1882), is allowed by upwards of
Two Hundred Medical Gentlemen to be the most effective
HERNIA. The use
round the body, while
ao Invention
oaid es
dte—e
steel
in s
spring,ot hftecurativebn do
the requisite resisting power is supplied by the Moo-Main
Pad and Patent Lever, fitting with so much ease and close-
ness that it cannot be detected, and may be worn during
sleep. A descriptive circular may be had, and the truss,
a g e oftentbreei
which cannot fail to fit, forwarded by post, on the oireum-
lerence of the body, two inches below the hips, being sent to
the manufacturer,
----- --

The extension of telegraphic communication throughout
the East will unquestionably develope additional traffic in
proportion to the facilities afforded, and the Company's
lines will possess abundant capacity for earning a larger
profit at greatly reduced charges.
It is proposed immediately upon the completion of the
cable to Bombay to establish land wires along the line of
railway from thence to Calcutta. Thess wires are esti-
mated to cost not exceeding £lOO,OOO, and the additional
revenue derivable therefrom is calculated at £25,000 to
£30,000 per annum.
Entire identity of interest between this Company and
the Telegraph Construction and Maintenance Company,
both as respects the manufacture and laying of the new
Cable and the future working and commercial success of
the whole line, is established by means of a contract which
has been entered into with the latter Company for the re-
pairing and maintaining by them of all the cables, wires,
stations, and works of this Company, between Susa and
Bombay, as and when the several sections aro opened for
traffic and transferred to this Compary, for al period of
ten years certain, on equitable and mutually beneficial
terms. For the repayment of the expenses incurred
by the contractors for vessels, cable, materials, and ser-
vices of officers, engineers, and others provided by
them under this agreement, they rely upon a fund
to be thus formed : 25 per cent. of the revenue is to
be credited each year to a reserve fund in the joint
names of the two Companies, which fund, after meeting
the actual cost of repairs and maintenance, is to accumu-
late until the cleat amount thereof, after deducting all pay-
ments made or due therefrom, but including vessels, cable,
stores, &c., then forming part of such fund, not exceeding
£lOO,OOO in value, shall amount to £350,000, after which H FREE for the DESTITUTE SICK.—
the surplus from time to time existing beyond that amount METROPOLITAN FEE HOSPITAL. Devon-
is to be divided each year between the Company and the shire-square, City. Instituted for the immediate gratuitous
contractors, half to each. At the end of the term the Relief of the Sick Poor of ev4gplttion and Creed. without
letters of recommendation. FUNDS are urgently needed to
whole balance of the Maintenance Fund will belong to
maintain Its eciency.
this Company. ffi
A copy of the memorandum of association is annexed to BANKzus—Messrs.
street. J
NO. GURNEY FRY Barnett, Mares. and Co.. 62. Lombard-
, Chairman.
the prospectus, and copies of the articles of assocation and GEO. C ttaXTON, Secretary.

in., 215., 26s 6d., and 31s. 6d Postage, Is,
. Mr. WHITE. 228, Piccadilly.
310. Bd., 420., and 525. 6d. Postage, Is. Bd,
An Umbilical Truss, 425. and 525. 6d. Postage. Is. 101
AADoSuinb
le
Post-office Orders to be made payable to John White, Post•
eTr Truss,uos
office, Piccadilly.
Ni+lW PATENT

for Varicose Veins and all cases of
FLASTIC STOCKINGS,
't" the Legs,
and are drawn on
e. 6d., 10a. , and 16s.
Sprains, Am They are
egWaokeerehjoa
.auictins. 1 i,
:01 isorNsgds Elatil fainer CyS. texture,eAwsd stocking.
ol
ktnl 8..0. and
Price
s. inexpensive,od ~
JOHN WHIT X. Manufacturer, 223, Piccadilly.

greatest and
most useful invention of the day, AQUA e.A R ELL NOTFIING
Messrs. JO EIN GOSNELL and CO., Red BullM Wharf, 93,
ThIPOSSIBLE.—The
Upper Thames-street, Perfumers to her Majesty, respect-
fully offer to the public this truly marvellous fluid, which
gradually restarts the human hair to its pristine hue—no
matter at what age. The Agna Amarella has none of the
properties of dyes ; it, on the contrary, is beneficial to the
system, and when the hair is once restored one application
per month will keep it in perfect colour. Price one guinea per
bottle, or in half bottles. les. 61. Testimonials from artistes
of the highest order, and from Individuals of undoubted re-
spectability, may be seen on application. Messrs. John
Goonell and Co. have been appointed Perfumers to her Royal
Eflghneasthe Princess of Walos.•