The Sun.
London, England, 1866-03-16 00:00:00

BANKERS.

Messrs. Barclay, Bevan, Tritton, nyells, and Co., 54,
Lombard-street; E.C.

SECRETARY (PRO TEM.).
J. C. Deane, Esq.

The whole of the deposits on shares will be returned to
' the subscribers if two-thirds of the capital of the company
are not subscribed.
Copies of. the Memorandum and Articles of Association
can be inspected at the counting-house of Messrs. J. S.
Morgan and C 0.,. and Contracts at the offices of Messrs.
Bircham and Co., 46• Parliament-street.
Prospectuses and Forms of Application br Shares can be
obtained from Messrs. J. S. Morgan and Co., 22, Old Broad-
street,-to whom applications must be made and the deposit
of £1 per share paid.
A Should a less number of shares be allotted than is ap-
Nt plied for, the deposit will, so far as required, 13.1 appropri-
ated towards the payment due on allotment. If no allot-
tnent is made, the. amount deposited will be at once re-
turned without deduction.
March 6, 1866.

March 15, 1866.

REUTER'S TELEGRAM COMPANY
(Limited).
SECOND ISSUE.
Capital £950,000 in 10,000 shares of £25 each.
Issue of the remaining 5,000 shares.
£1 payable on application, and £4 on allotment. Further
calls not to exceed £5 per share, and at intervals of not
lees than three months. It is not expected that it will
be necessary to call up for the present more than £5 per
share.

DIRECTORS.
John Dent, Esq. (of Messrs. Dent and Co. China).
Sir John Hay, Bart., Chairman of Millwall Ironworks.
Colonel J. Holland, Deputy Chairman of the South African
Bank.
J. S. Stopford, Esq., Director of the Agra and Masterman's
Bank.
Julius Reuter, Esq., Managing Director.

BANKERS.
The Agra and Masterman's Bank (Limited), 35, Nicholas-
lane.

BROKERS.
Messrs. Walker and Lumsden, 25, Austinfriars.
SOLICITORS.
Messrs. Bischoff, Cox; and Bompas, 19, Coleman-street.

AIIDITORS.
Messrs. Quilter, Ball, and Co., 3, Moorgate-street.

ENGINEERS.
Messrs. Fordo and Fleeming Jenkin, Duke-street, Adelphi.
SECRETARY.
Frederick J. Griffiths, Esq.
Offices-1, Royal Exchange-buildings.
PROSPECTUS.
The Directors invite applications for the unissued shares
!II this Company, numbering 5,000, for the purposes here-
kafter mentioned.
Mr. Reuter by his personal influence on the Continent,
has obtained:and has handed over to this Company, a con-
eiession from the Hanoverian Government, giving an exclu-
v, right for 30 years to lay down and work submarine
a
egr
nd
aphic cables between the English and Hanoverian
°oasts, and the same exclusive right to lay la wires to
certain important places in Germany, besides other contin-
gent advantages of a very valuable character.
0 •
„ Mcial statistics in the possession of the Directors show
!fat the number of messages between England and Ger-
1"4113' in the four years ending 1864 had increased 130 per
rut., and in the last two years alone 80 per cent. ; and it
e'S utter of notoriety that the existing lines are unable to
things desirable in telegraphy.
The Directors are in a position to state that under the
concession obtained, and the arrangements they have con-
cluded for working it, they will be able to transmit meg-
fyes from England to the places named below within a few
aulnutee from the time of despatch_
Arrangelnem.. hnra }lrian made witri---a.--.—u_knotra
contractors, the Telegraph Construction and Maintenance
Company, for constructing and laving down the requisite
by which the actual cost oral' the work to be done
has been accurately determined.
The Electric and International Telegraph Companyhave
agreed to an arrangement by which the use of a certain
Iloolber of wires is to be ceded to them for a term of five
.Sears, that company guaranteeing the transmission over
e Hanoverian cable of the whole of the messages col-
eeted at their different stations in the United Kingdom,
for
Hanover, Bremen, Hamburg, Schleswig-Holstein,
Denmark, Sweden, Norway, &c., and further guarantee-
Dg a minimum amount of business which, under the con-
ditions of the concession, and under normal circumstances,
Will produce a minimum annual revenue equal to 15 per
cent. on the total amount of capital required.
this estimate is based having been placed in the hands of
thenell-kn.own accountants,Xessrs. Quilter, Ball, and Co.,
certificate of the correctness thereof, annexed
" No. 3, Moorgate-street, Feb. 23. 1866.
" Sir, Having perused and considered the documents
Ipeotioned in the subjoined -note relating to the subject of
Proposed Submarine Telegraph between England and
„,,,over, we are enabled from the data therein contained
u other information supplied to us, to state the follow-
-Ing '4
facts and conclusions respecting the profit results of
tho undertaking.
" The requisite amount of capital will be £150,000 ; that
-8
t° say, £130,175 for manufacturing and laying down the
eable., leaving the sum of £19,825 to provide for contia-
geneies and working capital.
" Estimating the revenue to be derived under the agree-
teett with the Telegraph Company upon the basis of the
minimum number of messages guaranteed to be forwarded
bil
Company
that Company, we find, after paying or reserving to the
'erapany their proportion Or the net receipts, that the net
profit will amount to at least 15 per cent. per annum on the
total amount of the capital required—namely, £150,000.
, Having regard, however, to the probability that the
actual traffic of tfie cable will greatly exceed the secured
furoimum, there is reasonable ground for expecting that
tbo actual rate of profit will considerably exceed .15 per
Sent- per annum.
"We remain, Sirs, yours faithfully,
" QUILTER, BALL, and CO.
" To Julius Reuter, Esq.
Note of Documents referred to-
1. Translation of concession granted by the King of
Hanover to Mr. Julius Reuter.
2. Copy, of agreement with the Electric Telegraph
Company.
3. Specification for the manufacture of the cable from
Cromer to Norderney by Messrs. Fordo and Fleem-
ing Jenkin.
4. Contract with the Telegraph Construction and
Maintenance Company for the manufacture and
laying of the cable in terms of the foregoing spe-
cification.
tlt will thus be seen that the directors have indicated only
10 minimum of profit virtually guaranteed to the share-
ittolders ; and that there is every reason to anticipate, from
he rapidly-increasing extension of the traffic, that this
an
loont will be largely exceeded.
This minimum is, moreover, entirely exclusive and in-
" Pendent of the continually increasing profits of the busi-
-I°BB purchased from Mr. Reuter, which will be very consi-
erably augmented by the use of the wire retained by the
COmpany for the purposes of that business.
le durability of cables in shallow waters, such as the
North Sea, where the Company's cable will be laid, is
Prcived by experience. They are as safe, and can be re-
d almost as easily, as land wires. The existing cables
° IL:Aland have been laid several years, and that between
:'over and_Calais 15 years, and they continue at the pre-
bent time in good working order.
The cable will probably be ready for the transmission of
messages by the end of August next.
be Telegraph Construction and Maintenance Company
shares
taken one-fourth of the amount of their contract in
upon
of the Company; but the contract with them is based
a bona fide cash price, the lowest obtainable in the
market for first-rate work, they considering the investment
Safe and profitable, and looking to the future profits cf the
concernp for remuneration.
f here is no
thenrmotion money, nor any commission paid
oe' obtaining concession, Mr. Reuter having handed it
ver to the Company gratis.
an4PPlicatione for snares to be made in the annexed form,
Ittnent 2°ltipa
be made the amnied by a deposit of £1
will b pere
sreharturned without de-
e. Shuld no al-
,,°
"action.
beProspectuses, with forms of applications for shares, may
or Obtained at
of the Solithe offices of the Company, of the Brokers,
citors.

FORM OF APPLICATION FOR SHARES.
(To be left with the Bankers.)
To the Directors of 'Reuter's Telegram Compan7
(Limited).
Gentlemen Having paid to your credit with the Agra
at
4yasterman's Bank the sum of £ being a deposit
4., per share on shares in the above Company, I
, all est that you will allot me shares of £25 each in
44euter's Telegram Company (Limited)," and I hereby
4" to accept the same, or any smaller number which you
37a110t to me and I request you to.place my name on the
%later of members in rospect of the Shares allotted to me.
I am, gentlemen, your obedient-servant,
Name in full
Address in full
Profession
Usual signature
Date 1866.

COUGHS, ASTHMA, and incipient CON-
CU are effectually cured b KEATING'S
Pa `
LOZENGES. wh,ch are daily recommended by the
b, i,"t3T - testimonials from the most eminent of whom may
Ai d—as the most effectual, site, speedy, and e,onve-
r, u and
for Cougia and all Dibo.ders of the Lungs,
—gig!, and Throat
in boxes, is. lid.- and tins, 2s. Od., 4s. 61., and lie.
to by T. K.EA.TING. Chemist, 79, bt, pitur
4clon• Sold by all Druggists, .14. 6 clituoliyard,

RATES FOR MONEY ON DEPOSIT.

IN 0. 01 . Sum annu 1 , Reduce,' Premium
AN G L 0-AMERICAN TELEGRAPH Policy. Insured . Premium I now payable.
COMPANY (Limited). -. ______ .___--- ...-
-L z a. d. .£ s. d.
The LIST of APPLICATIONS for SHARES in this - 441,411 92,540 222 4 4 120 19 2
Company will CLOSE on MONDAY, the 19th inst., for 450.'56 12,000 63 0 0 35 0 0
London ; and TUESDAY, the 20th, for the Country. 454,173 6,803 35 14 0 19 16 8
By Order.
_ 60i 075 5,0(.0 710 0 46 4
..... _ ___

The RATES of PItFr.MILM are in NO CAS . IIIGHE
than those charged by the other principal offices giving no

Bonus to their Insureis.
The duty paid to Government for the year 1a6.3 was
£81,15 Its. 9d.; the amount insured on Farming Stock was
10,203,•)72.
For Prospectuses apply at the Society's Offices, 29, Fleet-
street, E.C. ; and Surrey.street, Norwn.h.

DEPOSITS
RECEIVED BY
THE CREDIT FONCIER AND MOBILIER
OF ENGLAND (Limited).

- - -
This Company receives MONEY ON DEPOSIT in sums
of and upwards, at the undermentioned rates, from this
day UNTIL FURTHER NOTICE, viz.:
At 14 days' notion 5! per ct. per an.
At 1 month's notice
FOR FIXED PERIODS OF
Not less than , m nths and up to g months, 51 per et. per an.
Beyond 6 months and up to 9 months 6 per ct. per en.
Beond 9 months and up to 1 • months 61 per et. per an.
Beyond 12 months and up to 24 months
Forms of application can be obtained of the Secretary, to
whom all communications must be addressed.
By order of the Court,
ALFRED LOWE, Secretary.
No. 17 and 18, Cornhill, London, March 15, 1866.

HYAM and CO.'s OVERCOATS and SUITS.
Morning and Lounging Coats, Half Dress, Undress,
and Full Dress Suits, Trousers, Vests, &0., in all the fashion-
able styles and seasonable materials.
HI AM and CO., 66 and 67, OX FORD-STREET, W.

1.1 YAM and CO.'S PRICES and GARMENTS.
Overcoats and Capes, 21s. to F 49. ; Jackets, 21 s. to 42 s. ;
Prince of Wales coats, 30A. to 635.; Trousers, ready made and
to measure, 140.6 d. to 255. ; Vests, Os. 61. to 21s. ; Suits, 425.
to 84s.
HYAM and CO., 66 and 67, OXFORD-STREET, W.

HYAM and CO.'S BQYS' SUITS and CAPES.
Overcoats and Capes, Ms 6d. to 4?s. ; Knickerbocker,
Eton, Harrow, and Osborne Suits, 15s. 6d. to 455. ; Jackets,
Bs. 6d. to 255. ; Trousers, Bs. 6.1. to 153. 6d. ; Vests, 4s. 6d. to
7s. 6d. ; jackets and Vests alike, 15s. 6d. to 275. Od.
HYA3.I and CO., 0 and 67, AX FORD-S MEET, W.

HYAM and CO.'S SELECT DEPARTMENTS.
No. 1. Clo.hing for int,. diate wear. No. 2. Ordixed
Department. No. 3. Boys and Youths. Distinct Depart-
ment. No. 4. Hats, Caps, Hosiery. and Outfit Department
HYAIVI and CO., 66 ~‘nd 117, OXFORD- STRENT, W.
Branch E stabil shmcn ts—Birmingli am, Leeds, ani Dewsbury.

DINNEFORD'S FLUID MAGNESIA.
The medical prote •aion for Thirty years have approved
of this pure solution of Maanesia as the best remedy for A et-
ittts6nithim erta9t±l.s.mi
children. Prepared by
DDINEFORD and CO., Chemists, &c.,

172, New Bond-street, London;
And sold tbrouglr.ut the world by alt respectable chemists,
CAUTION —See that " Dinnetord and Co." is on each bottle
arid red label over the cork.

R. HOWARD, SURGEON-DENTIST, 52,
leet-,•treet, has introduced an entirely new descrlp-
ti II of ARTIFICIAL I' RE f 11, fixed without springs, wires,
or ligatures. They so perfectly re,emb e the natural teeth
as not to be distinemelled fro the originals by the closest
observer; they will never change colon.' or decay, and will
be found superior to a,. y teeth ever before used. This
method does not reqi.ere toe extraction of roots, or any pain-
ful operation, and wilt support and preserve teeth that are
loose, and is guaranteed to restore articulation and mastica-
tion. Decayed teeth stopped and rendered sound and useful
in mastication.

QUBSCRIPTIONS for the WIDOW and
CHILDREN of the late Captain R. 11. GRONOW,
formerly of the Grenadier Guards, and Author cf " Recol-
lections and Anecdotes," " Celebrities of London and
Paris," &c. Captain Gronow, who lately died in Paris,
has left a widow and four young children, by his second
marriage utterly destitute, without means to defray his
funeral expenses, or even to purchase bread. Captain
Gronow was disinherited by his father, in favour of
his brother, a clergyman. and the small income which
he derived from the interest of a sum charged on the family
estate ceased with his life • while the sums he received
from time to time for his " Recolleetions" were expended
in providing for the increasing expenses of his young
family. Under these distressing circumstances the friends
of Madame Gronow in Paris came to her aid, and they now
appeal to the liberality of her late husband's friends in
London, and also to the readers of his Reminiscences, for
contributions to enable her to maintain and educate her
children.
Subscriptions received by Messrs. SMITH, ELDER, and
Co., 65, Cornhill, and 45, Pall-mall ; and by Messrs. Cox
and GREENwooD, Army Agents, Craig's-court, Parliament-
street.