The Sun.
London, England, 1861-11-20 00:00:00

DIRECTORS.

UNPRWRITER.
The services of one oft he ablest and most experienced
underwriters will be secured.

XtRS
BAN.
The London Joint-Stock Bank, London.
The Hibernian Joint-Stock Banking Company, Dublin,
The National Bank of Scotland and Branches.
The Royal Bank of Liverpool, Liverpool.
The Bank of Manchester (L mited), Manchester.

AUDITORS.
Messrs. Harding, Pullein, Whinney, and Gibbons, public
accountants.
One other to be appointed by the Shareholders at the
general meeting.
SOLICITORS.
Messrs. Cotterill and Sons, London.
Messrs. D and T. Fitzgerald, Dublin.
Messrs. Banatines and Kirkwood, Glasgow.
BROKERS

Messrs. Huggins and Row;e11, London.
Messrs. M'Ewan and Auld, Glasgow.
Messrs. Bruce and Symes, Dublin.
Henry B. Hassall, Esq., Liverpool.
Robert M'Ewen, Esq., Manchester.
Adelaide-chambers, 52,TEMPORARY OFFICES.
Graeechurch-street, London.

PROSPECTUS,
This Company has been established for the purpose of
affording, by the combination of the greatest despatch with
the closest economy, additional security tc the widely ex-
tended and continually increasing commerce of the prin-
cirdal seaports of Great Britain and Ireland.
So great has been this increase of trade during the last
thirty years, that the present means of insuring the vast
amount of property constantly afloat and in transit from
One port to another (against sea risks) are inadequate for
the security and convenience of the commercial world.
The public are daily becoming more and more alive to
the advantages afforded by well, managed and bona fide
joint-stock insurance companies; and the policies of such
companies, affording, as they do, greater security and
greater facilities for speedy settlement, are now almost
universally preferred to those of individual underwriters.
The success of the Companies hitherto formed for marine
insurance is patent to every one. The shares of those now
in operation are, for the most part, at a considerable pre-
mium, ranging in some cases as high (according to the
Stock Exchange list) as 700 per cent. The Indemnity
Mutual Company's shares, for instance, with £5 13s 6d paid,
now realise about £l5O ; the Marine, £l5 paid, worth about
£9O.
The following extracts from returns by the Board of Trade
will give an idea of the constantly increasing importance of
the ocean carrying trade :
Value of exports, being the produce and manufactures of
the United Kingdom :
In 1834
In 1844
In 18.54
In 1860
This table exhibits an average annual increase in our
export trade, for the last five years, of between six and
seven millions sterling.
With regard to imports, it appears that the value of the
principal articles imported into this country, in the year
1860, was £210,648,643.
To this let us add (as far as we can ascertain) the valug,
of the foreign and colonial produce exported from this
country. In 1854 it was£lB,64B. 978, and in 1858£24,174,023,
exhibiting an increase of upwards of a million a year.
The Custom-house returns of the shing clear
ppied
with cargoes from the ports of tho Unite in out
the
foreign and colonial trade are be unaer :
In 1834
In 1844
In 1854
In 1861 (first 9 months)
Showing a steady augmentation of about 500 per cent. in
the last quarter of a century.
The coasting trade still further enlarges the field of en-
terprise to marine insurance companies. In 1834 it
amounted to 10,334,249 tons ; and although much of this
traffic has been necessarily diverted therefrom by our rail-
way system, yet in 1860 it had grown to 17,014,399 tons,
and for the first nine months of 1861 to 12,959,865 tons.
The discoveries of gold in California and in our Austra-
lian colonies have also opened a new source of business to
marine offices. Official returns of the bullion trade prove
that, independently of what passes to and from by private
hands, the large sum of £170,393,989 has entered and left
the ports of the United Kingdom during the last three
years.
The best and safest mans of effecting marine insurance
have not therefore kept pace with the demands of the public,
and to assist in giving security and facility to insurers liv-
ing in all parts of the country the National Marine Insur-
ance Company has been established, and arrangements will
be made whereby every port of importance shall be pro-
vided with the mains of effecting marine insurance hitherto
attainable only in London.
Dublin and Glasgow especially have no marine insurance
Companies, and it is notorious that the number of indivi-
dual underwriters in those great trading marts is totally in-
commensurate with the large amount of ocean and coast-
ing insurances which are constantly required to be effected
thare, thus showing there is ample scope for the establish-
ment of another marine insurance company.
It is also intended to appoint competent representatives
(under sufficient restrictions) at the different trading ports
in the East Indies, China, Japan, and Australia ; the num-
ber of insurance companies being quite inadequate to the
requireisenis of the now greatly extended trade with and
between those countries, and presenting a wide field for the
operations of a marine insurance company.
The policies will, in accordance with the practice of other
Joint Stock Marine Insurance Companies, be so drawn up
as to limit the liability of each shareholder to the amount of
his shares.
The staff of officers to be selected by the Directors will be
composed of gentlemen thoroughly competent to discharge
their respective duties.
Applications for shares must bo accompanied with a
banker's receipt for the deposit of 10ss per share. No appli-
cation will be entertained on which such deposit has not
been paid, and in the event of no allotment being made, it
Will be returned without deduction.
Applications may be forwarded, as per annexed form, to
the Secretary, and through any of the bankers or brokers to
the Company, from whom copies of the prospectus and forms
of application may be obtained.
London, November, 1861.

FORM OP APPLICATION FOR
To the Directors of the National Marine Insurance Com-
pany.
Gentlemen,--Having paid to your bankers the sum of
£ , I hereby request that you will allot me shares
of £2O each in the National Marine Insurance Compan and I hereby agree to accept such shares, or any smallery, number that may be allotted to me, to pay the remaining
£1 10s. on the shares so allotted, and to sign the deed of
`settlement when required.—l am, gentlemen,
Name in full
Adddress in full
Date
Received 41- -

...received the day of ,1861, on account
0' the Directors of the Natirnal Marine Insurance Com-
vany, from
the sum of , being the
deposit made in accordance with the terms of the prospec-
tus, on an atiplication for an allotment of shares in
the underta ng.
X
. bankers.

TELESCOPES, Opera, Race-course, Field, and
*very small, fo
R eneral
h Out -waistcoat door Day and Night Perspective Glasses,
r the , Willl2 and
28 lenses, constructed of German gglass. showntaining distinctly
a .person to know him at two and a half and three miles, and
an object from 8 to 10 miles distant. Her Majesty's Coast-
guards are making use of them as day and night glasses in
preference to all otners ; they are also preferred for deer
utalklug by sportsmen, gentlemen, and gamekeeps. Tele-
*ons, 3i inches long, by which a person may be clearly seen
and known at 34 utiles, and an object at 12 to 14 miles' dis-
Canoe ; and with an extra astronomical eye-piece Jupiter's
moons, Saturn's rings, and the double stars, are distinctly
eeen. They are in endless variety, of larger and all sizes,
increasing powers, and are secured by her Majesty's
'with
Aloval letters patent. Mc ssrs, S. and B. SOLOMONS, makers
of ilarometerS, Thermometers, &c., 39, Albemarle-strcet, Pic-
eacillly.

QIGIIT and HEALING being sympathetically
to connected, Messrs. SOLOMONS having a thorough
3rnoWledge of the anatomy of the eye and ear, and, after
to experience and extensive practice, have invented
im instrument for extreme cases of Deafness, called the
souDID MAGNIFIER, Organic Vibrator, and Invisible
Poke Conductor, It fits into the earnot perceptible ;
the nn-
lak.asant sensation of singing noises in the head is entirely
removed. It affords immediate relief to deaf persons, and
enables them to hear distinctly at church, &c. They have
also constructed TINTED SPECTACLE LENSES of the
Rre atest transparent brilliancy. The advantage derived is
that vision impaired is preserved and strengthened; very
~,,s(.11. persons are enabled to employ their sight at the most
occupation
; can see with them of much less magnify-
Power, and do not require the frequent changes to more
I "Arerful assistance. 39, Albemarle-street, Piccadilly.

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lent out, and se
pi trellUe. .Illessro, SO MONS'
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into the country, with the option to
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Makers of the new GOvernumit P-9rneter it) tell the weather
-.0140 Dcfcsrc limi.

Thomas Bewley, Esq (Thomas Bewley and Co.) merchant,
Dublin.

T. IV. Bradley, Esq. (T. W. Bradley and Co.), merchant,
London.
W. M. Cadell, Esq. (Duff, Cadell, and Co.), merchant, Li-
verpool and London.
Francis Codd, Esq., J.P., merchant, Dublin.
John Costerton, Esq. (late of Hong Kong, China), Cleve-
land-square, Hyde -park.
Rowland Hamilton, Esq., merchant, of Calcutta and China,
Oriental Club, Hanover •square.
William Hawes, Esq., merchant, London.
John Studdy Leigh, Esq. (J. Studdy Leigh and Co.), mer-
chant, London.
Thomas Mallinson, Esq., J.P., director of the Halifax and
Huddersfield Union Banking Company, Huddersfield.
Richard Martin, Esq. (J. Martin and Son), merchant and
shipowner, Dublin (director of tlie Hibernian Joint-btock
Banking Company).
Remi de Montigny, Esq. (Remi, Schmidt, and Co.), mer-
chant, London and China.
Denis Moylan, Esq., J.P., merchant, Lord Mayor elect,
and Governor of ibernian Joint-Stock Banking Corn-
pany, Dublin.
Edgcumbe Rendle Esq., director of the Plymouth
Great Western Docks donapany,Cleveland • square, Hyde-
park.
George Palmer Robinson, Esq., director Chartered Mercan •
tile Bank of India, London, and China, London.
J. R. Stebbing, Esq., J.P., President Chamber of Com-
merce, Southampton.,
W. F. D. Stephens, Esq., merchant and shipowner, Cleve-
land-gardens, Hyde-park.
Thomas Stenhouse, Esq., merchant, Liverpool.
G. C. Warden, Esq. (G. C. Warden and Co.), merchant,
London.