The Sun.
London, England, 1845-10-20 00:00:00

sideratim, •vhich originally suggested the formation of such a har-
bour arc, tifeourse, infinitely strengthened by the revolution effected
In naval warfare through the agency of steam ; while the vastly im-
proved modes of transit between London and the provinces invest
such an undertaking wi h a commercial importance which could pot
have been previously anticipated.
On the whole southern coast, from the Land's-end to the Nore,
Langston affords the only harbour adapted to the combined purposes
here indicated. Its proximity to thegreat naval depot of Portsmouth
—the unequalled excellence of its anchorage—the capacity of its
basin—the ease and safety with which, at at all times of tide, it will
be accessible to vessels of every bmthen, establish its nautical supe-
rio_ ity ; while with London, only C 6 miles from the docks, a rapid
communication Is ensured by railway.
The promoters !rave great satisfaction in announcing that the un-
dertaking has received the approval of the Lords of the Treasury, of
the Board of Ordnance, and of the Woeds and Forests, whose sanc-
tion is a guarantee fer the Intrinsic excellence of the measure on
public and na.lonal g-ounds. A grant of Clown lands for the site
of the Decks has been obtained, subject to stipulations nicst favour-
able to the Company.
The circumstances under which the land is secured will allow of
such a reduction in the scale of charges and the expenses of ma-
nagement, compared with those of similar establishments, as mu-I at
once command an extensive business; to.d the Ceramitteo feel as-
sured that they may recommend the undertaking as an investment
likely to prove highly remunerative.
The plan inclosed with the prospectus exhibits the situation of the
intended docks and warehou•as, and of the adjacent localities in cell-
ncxion with the harbour. The area proposed to be inclosed by the
boundary wall is '220 acres, of which it 0 will be appropriated to
docks, and 120 for warehouses, quays, roads, &c.
Of the immense extent of the commerce for which these advert-

taxes are available at Langston, some idea may be aequidfr-on-;-tie
subjoined data, taken from the official returns preseLted to Parlia-
111ClIt during ie last session :
Tonnage of vessels registered at Portsn:euth, for the year 1844,
13,623 tons :—Of coasting vessels entering the pert of Lor.don, dut I g
1843, 2,901,271 tens :—Of ships entering London from the colonies,
during the seine date, 4,2,805 tons —Of vessels entering from foreign
ports, during the same. date, 814X2 tons :—And of general shipping,
entered during the same ported, 1,317,671 tens. Total, 5,539,962
tons.

The sources cf the contorplat«l traffic and consequent revenues
of the Company are sufficiently obvlcus to those who are at all ac-
quainted with the nature of the import, export, and coasting trade
of the country ; but to the public generally the following statement
may be necessary.
The inducements to shipowners and merchants to adopt Langston
are of the strongest possible nature, for not only me the well-known
perils of the Channel altogether avoided, but the saving on a voyage
up and down Channel, a distance of three hundred miles each way,
would be, on a vessel of 150 tons, 551. Its 6d.; of 300 tons,
1021. 2s. ; of 600 tons, 2281. ISs. 6d., and on ens Of LOCO tens,
358/. Ms.—exclusive of the saving of insurance, the difference of port
charges, pilotage, light dues, seamens' wages, and various other items
of expedlture, familiar to every merchant and shipowner.
Though it is impossible to approximate to an accurate estimate of
the proportion of phis vast trade likely to be secured to Langston, yet
it must be evident that much of it must be secured, and that even a
fractional part of it would alone constitute a very extensive busi-
ness.

But it will be apparent that a large proportion must be concen-
trated at the Langston Docks, when it is considered that a great por-
tion of the goods igiportedjs housed and bonded for exportation ; that
such goods cannot be deposited so advantageously as at Langston, to
which the privileges of a Londed port are already accorded by the
Treasury ; and that thence merchandise may he re-shipped and dis-
patched to sea more speedily and at far less expense than any other
port in the United Kingdom.
In connexion with the extreme eligibility of Langston for bonded
warehouses, it should be mentioned, that by tile railway to be con-
structed as indicated on the plan, awl by railways new in operation
and in the course of construction, mercantile samples may be as
regularly exhibited in the etEces of the Londe n brokers, as from the
East or West India Docks. By this mode of conveyance all descrip-
tions of light goods tray be fi rwardcd to the metropolis, while a most
ecommic transit to the same destination is secured to heavy trer-

ellondire, by the canal alrea4 opened between the haiboor and the

Thanes,

Au Important source of emolument may also be anticipated from
the large home market in colonial produce and goods borne coastwise,
now furnished by a circuitous and expensive route to the populous
towns of Portsmouth, Havant, Portsea, Gosport, Fareham, and Chi-
chester, and the Muth ;lid the South :Midland countie . Of these
places Langston will naturally have the exclusive supply; and the
population whose wants in the consumption of these commodities will
iLe thus adiuMstered to, amounts to considerably upwards of one
million, of whim 120,000 are engaged in iraile and commerce. This
result is obtained by taking mercy the counties of Hants, Sussex,
Wilts, and Dorset, though a much more comprehensive area may
icasouably be included, as certain to participate 11) the advantages
which Langston, of all harbours on the southern coast alone pre.
seats. Thus this depot for articles consumed within the Lmited
circle described, is in itself sufficient to crefVe a market that would
wai rart the construction of the proposed docks and bonded ware-
houses.

The combined advantages of the locality for all purposes contem-
plated by the Company or required In a national or mercantile point
of VIOW, leave no doubt of the complete success of this great commer-
cial pojtet, IN hitt, while it distorts no existing interests, is calm-
la t«I to develope fresh resources of the ceuntry, and stimulate indivi-
dual enterprise to a degree to which no mere private speculation af-
fords a parallel.
At present, the rate of Intel est is estimated at 7 per cent. ; but
the most cursory analysis of the merits of this undertaking must de-
monstrate that such a calculation is considerably below the average
of Ines cantile probabilities.
Until an Act of Parliament he obtained, the affairs of this Com-
pany will be under the control of the Provisional Committee of Ma-
nagement, which shall have full power to effect arrangements with
the projectors of Ws undertaking for the purchase of their interest in
the site for the docks ; and to effect any other at raugementswhatso-
ever in anywise relating to the said railway and docks.

Copies of the Proepectus and Forms of .Applicaiion for Shares to
had of Messrs. Coverdale and Lee, solicitors, 4, Bedford-row, London;
Messrs. Johnson, longden, end Co., 22, Tokenhouse-yard ; Messrs.
Lynill and Berlyn, and Mr. J. Fernyhough, Manchester; Mr.
Hampton, Messrs. Powell and Lownses, and Messrs. Neilson, Liver-
pool ; Mr. John Watson, Messrs. Kirk and Co., and Messrs. Rhisdale,
Leeds; Messrs. Lucas and Co. Birmingham; Messrs. Tugg and
Hodgson, Ilttll ; Mr. Peter Dixon, Glasgow ; Mr. James Nicholson
and Mr. Charles Couper, Edinburgh ; Messrs. Camplin, Dub! n ; Mr.
T. It. Evans, (South Mall) Cork ; Messrs. Edwards and Son, Bristol;
Mr. W. Bolton, Stratford-on-Avon ; Mr. B. Cowderoy, Reading ;
Messrs. Warburton and Crossland, and Messrs. Bardwell and eon,
Sheffield; Messrs. Hal (Broth, rs) and Co.' Cheltenham; Messrs.
Wilkingson, and Mr. T. Sandford, Exeter ; Messrs. H. S. Easty and
Co., Southampton; Messrs. Cape and son. Derby; Mr. Charles
Wikens, Northampton; Mr. Samuel Coalmen, and Messrs. Potts
and Levick, Nottingham ; Mr. Mason, Bradford, Yorkshire ; Mr.
Worcester; Messrs. Hopwood and Palmtr, Plymouth; Mr.
Richard Hine, Macclesfield; Mr. W. Crowell, Halifax; Mr. T.
Boardman, Blackburn; Mr. E. Armitage, Wakefield ; Mr. J. S.
Holland, Coventry; Mr. S. Weatherburn, Huddersfield; Messrs.
Payne and Freer, and Messrs. Windfall] and Son, Leicester ; and at
the Company's Offices, 46, Moorgate-strcet, London.

CEYLON RAILWAY COMPAIN Y. -- 'The
Provisional Committee have completed the allotment of
shares in the capital of this Company, and they regret that in con-
sequence of the immense number of applications for shares from
parties interested in the colony, and the limited number the Com-
pany had at their disposal after providing for residents In the island,
they have been unable to comply with the request of many highly
respectable and influential parties ; and those who do not receive
allotment letters will be pleased to assign the failure of their request
to the cause above.. The Letters of Allotment will be issued forth •
with. By order of the Board,
D. I. NO.AD, Secretary.
8, Brotal-street-buildings, Oct. IS, 1845.

CAMBRIDGE AND LINCOLN RAILWAY.
The Provisional Committee have the satisfaction of intbnning
the Shareholders of the Company that an arrangement with the
Eastern Counties Company has been entered into fir the construc-
tion of a lime from Cambridge to York, as an extension of the
northern axd eastern I ne.

By this arrangement, the capital of the Cambridge and Lincoln
Company will be represented to the extent of 1,500,00/. in the new
stuck of the Eastern Counties Company ; and the Provisional Com-
mittee propose to admit the holders of their new shares into the full
participation of all the advantages of this arrangement, the expenses
already incurred by the Company being equally distributed over the
whole capital. By order,
HENRY BAR NETT, Chairman.
C. P. RONEY, secretary.
30, Great Winchester-street, 19th Oct., 1845.

TWITH
RAILWAY,
influential Provisional. Committee, will N.
In the. meantime, any information may t,
Connecting the Sea Coast of Wales with the Midland Counties.
BIRMINGHAM AND ABERys
(Provisionally Registered).
rut
obtained at the temporary Offices. of. the Company, No. 163, Een-
lodspiencatufse,wwidtahysa:n
church-street, London, where applications for shares, in the usual
forin, may be addressed.
CHARLES J. HOLMES,
EDWARD CAIIBETT, Joint Solicitors.
WILLIAM BRENTON,

IRISH GREAT WESTERN (DUBLIN to
GALWAY) RAILWAY;
The DEEMS of this Company viii LIE for SIGNATURE, and old
Scrip will be Exclunged, at the offices, 19, Moorgate-street, London,
from Ten till Four o'clock daily, until SATURDAY, the 25th inst.
The deeds will be in Liverpool some time during the following week,
of which due notice will be given. The duplicate of the letters of
exchange will be issued with all possible dispatch, of which parties
who have not yet received such letters are requested to take notice,
and to excuse the delay which has been occasioned by the strict in-
veitigation entered into, as to the respectability of the Scripholders.
FITZSTEMEN FRENCH, Chairman.
19, Moorgate-street, Oct. 4, 1845.

Pion, by the pro•
AlLtoWNAoYrlhan,
by way of Oak-hamPRELIMINARY ANNOUNCEMENT,
THE DIRECT LINCOLN, GRANTHAM,
and Market jtN DII iNtr°b(R) r'orungAh ,MaPuTd" thence it
jected South Midland, with extension to Cainaborough.
(Provisionally Registered )
Capital, 1,000,0001., in 50,000 Shares of 201. each.
Deposit, 21. 2s. per Share.
(With poser to increase the capital.)
Liability limited to Subscription.
This line will also be a feeder to the several projected lines to
Great Grimsby. _ . ..... _ ..

A detailed prospectus will shortly be published. Communications
may be a•ldressed to the Secretary, J. Browne, Esq., 7, Whitehall
place. London.

:;rßarrio:mlesl:en,
GEls ULNE HOUsEHOLD FURNITURE, Cabinet and Horizontal
Pianofortes, Table and Bed Einem rich Cut Glass, 130 dozen ul Fine
AKii‘ngl-straenetd, Covent-garden, on
Crusted Port and Sherry, and a Capital Iron Door, &c.
tSBhEer,ll'4tt Sh
at their
October, tphelliS PURR will
IM'itii)AyE,
UNREDEEMED PROPERTY, pledged in months prior to October,
1544, with Mr. Grant, of London-wall, Pawnbroker.--Fourp(At, tent,
and French bedsteads and hangings—; rime goose beds, mattrases,
and beiding—chests of drawers—wash stands--sets vf mahogany
chairs—dining, pembroke, card, 100, and sofa tabies—a noble cheval
glass—chimney :and pier glasses—elegant curtains—table and bed
linen—large Brussels carpets and hearth rugs—fine paintings—cutlery
—and other effects.
May be viewed and catalogues had ou the day previous to, and
morning of, sale at the offices of the Auctioneers
s 0 y

ERE]:GN LIFE ASSURANCE
COMPANY.
Notice is hereby gig en, that no further Application for Shares in
his Company can be received after Tursnly, the 28th day of Oc-
:ober Instant.—By order,

GEORGE CUMMING, Secretary.
5, St. James's-street, London.

WANTED, a GENTLEMAN to fill the office
of SECRETARY of the LIVERPOOL STOCK EX-
CHANGE, who will receive a Salary of not less than 8001. per
Annum, and will be required to give Security to the extent of 8,000/.
_Applications, accompanied by testimonials, to be addressed to D.
Keilson, Esq., Chairman of the Liverpool Stock Exchange.