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

siderations which originally suggested the formation of such a liar.:
boor are, of course, Infinitely strengthened by tha revulution 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 not
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 the great naval depot of l'Ortsinblith
—the unequalled excellence of its anchorage--the Capacity of its
basin—the ease and safety with which, at nt all times of tide, it will
be accessible to vessels of eVery btrthen, es abash its nautical supe-
rice ity; while with London, only G 6 miles. Nom the docks, a rapid
communication is ensured by railway.

The promoters have great satisfaction in annottrichut that the un-
dertaking has received the approval of the Lords of the Treasury, of
the Board of Ordnance, and of the Woods and Porests, whose sans-
tlon is a guarantee for the inttinsie excellence of the ineastire on
stipulations most public and naAonal grounds. A grant t Lev
favour-
able t
aobfltehteollthoeekcsohmapsanb7n obtained,
The circumstance; kttliter which the land is secured will allow of
such a reductluu tn the scale of charges and the expenses of nil.
nagemeatt tothpared with those of similar est ahlisbtnehts, as rnwt at
once Command an extensive bligiheSs ; and the Committee feel as-
sured that they plaY reeeinmend the undertaking as an investment
likely to preve highly remunerative.
The plan inclosed with the prospectus exhibits the situation of the
Intended docks and warehouses, and of the adjaCtlit localities in con^
flexion with the harbour. The arta 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 advan-
tages are available at Langston, some Idea may be acquired from the
subjoined data, taken from tile official returns presented to Parlia-
ment during the last session
Tonnage of Vessels registettd lit Porisinolith, for the year 1844,
13,623 tons t—Of toasting Vessels entering the port of London, dull g
1843, 2,r,b1,27i tons :—Of ships entering London from the colonies,
during the same date, 492,805 tons :—Of vessels entering from foreign
ports, during the same date, 814,592 tens I—And of general shipping,
entered during the same period, 1,317,671 tons. Total, 5,539,962
tons. _

tettreet of the contemplated traffic Mid come/Merit revenues
of the Cornpliny are shrliciently obVioUs 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 shipciwners ard merchants to adopt Langston
are of the strongest possible nature, for not only ate 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 800 tons,
1021. 2s. ; of GOO tons, 2281. 18s. 6d., and on one of 1,060 tons,
3581. 16,._„dusive of the saving of insurance, the difference of port
charges, pilotage; light dues, seamens' wages, and various other items
of expediture, familiar to every merchant and shipowner.
Though it is impossible to approximate to an accurate estimate of
the proportion of this 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 itnportedlis housed and bonded for exportation ; that
such goods cannot be deposited so advantageously as at Langston, to
which the privileges of a bonded port are already accorded by the
Treasury ; and that thence merchandise may be 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
warehous, s, it should be mentioned, that by the railway to be con-
structed as indicated on the plan, and by railways now in operation
and in the course of construction, mercantile samples may be as
regularly exhibited in the offices of the London brokers, as from the
East or West India Docks. By this mode of conveyance all descrip-
tions of light goals'may be forwarded to the metropolis, while a n.ost
econcmic transit to the same destination is secured to heavy mer-
chandise, by the canal already opened between the harbour and the
Thames.

An 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 South and 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
be thus administered to, amounts to considerably upwards of one
million, of whom 120,000 are engaged in trade and commerce. This
result is obtained by taking merely the counties of Hants, Sussex,
Wilts, and Dorset, though a much more comprehensive area may
reasonably be included, as certain to participate in the advantages
which Langston, of all harbours on the southern coast alone pre-
sents. Thus this depot for articles consumed within the limited
circle described, is in itself sufficient to create a market that would
warrant 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 view, leave no doubt of the complete success of this great commer-
cial project, which, while it disturbs no existing interests, is calcu-
lated to develope fresh resources of the country, and stimulate indivi-
dual enterprise to a degree to which no mere private speculation af-
fords a parallel.
At present, the rate of Interest is estimated at 714 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 mercantile probabilities.
Until an Act of Parliament be obtained, the affairs of this Com-
pany will be under the control of the Providonal Committee of Ma-
nagement, which shall have full power to effect arrangements with
the projekors of this undertaking for the purchase of their interest in
the site for the docks ; and to effect any other arrangements whatso-
ever in anywise relating to the said railway and docks.
Copies of.the Prospectus and Forms of Application for Shares to
had of Messrs. Coverdale and Lee, solicitors, 4, Bedford-row,London ;
Messrs. Johnson, longden, and Co., 22, Tokenhouse-yard ; Messrs.
Lynill and Berlyn, and Mr. J. Fernyhough, Manchester; Mr.
Hampson, Messrs. Powell and Lowndes, and Messrs. Neilson, Liver-
pool ; Mr. John Watson, Messrs. Kirk and Co., and Messrs. Ridsdale,
Leeds ; Messrs. Lucas and Co. Birmingham ; Messrs. Tugg and
Hodgson, Hull ; Mr. Peter Dixon, Glasgow ; Mr. James Nicholson
and Mr. Charles Couper, Edinburgh ; Messrs. Camplin, Dubl.n ; Mr.
T. R. 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. Bardweli and Son,
Sheffield; Messrs. Hail (Brothers) and Co.' Cheltenham ; Messrs.
Wilkingeon, and Mr. T. Sandford, Exeter ; Messrs. H. S. Easty and
Co., Southampton • Messrs. Cape and Son. Derby ; Mr. Charles
Wikens, Northampton; Mr. Samuel Collinson, and Messrs. Potts
and Levick, Nottingham ; Mr. Mason, Bradford, Yorkshire ; Mr.
Worcester; Messrs. Hopwood and Palmer, 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. Windram and Son, Leicester ; and at
the Company's Offices, 46, Moorgate-street, London.

CEYLON RAILWAY COMPANY. 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. NOAD, Secretary.

8, Broad-street-buildings, Oct. 18, 1845.

CANIBRIDGE AND LINCOLN- RAILWAY.
The Provisional Committee have the satisfaction of informing
the Shareholders of the Company that an arrangement with the
Eastern Counties Company has been entered into fir the construc-
tion of a line from Cambridge to York, as an extension of the
northern awl eastern line.

By this arrangement, the capital of the Cambridge and Lincoln
Company will be represented to the extent of 1,500,000/. in the new
stock 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 BARNETT, Chairman.
C. P. RONEY, Secretary.
30, Great Winchester-street, 19th Oct., 1845.

BIRMINGHAM AND ABERYSTWITH
RAILWAY,
Connecting the Sea Coast of Wales with the Midland Counties.
(Provisionally Registered).
A Prospectus, with an influential Provisional Committee, will be.
iublished in a few days. In the meantime, any information may by
obtained at the temporary Offices of the Company, No. 163, Fen-
church-street, London, where applications for shares, in tho usual
form, may be addressed.
CHARLES J. 110L3IES,
EDWARD GARBETT, Joint Solicitors.
WILLIAM BRENTON,

IRISH GREAT WESTERN (DUBLIN to
Company will LIE for SIGNATURE, and old
Scrip offices, 19, Moorgate-street, London,
GALWAY) RAILWAY.
" t
e DEEMSiII beExoefh thisan 1 iwExchanged,
ed
at
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-
vestigation entered into, as to the respectability of the Scripholders.
FITZSTEPHEN FRENCH, Chairman.
19, Moorgate-street, Oct. 4, 1845.

PRELIMINARY ANNOUNCEMENT.
THE DIRECT LINCOLN, GRANTHAM,
AND NORTHAMPTON RAILWAY, by way of Oakhain
and Market Harborough, and thence to Northampton, by the pro.
jected South Midland, with extension to Gainsborough.
(Provisionally llegistered.)
Capital, 1,000,000/., in 50,000 Shares of 201. each.
Deposit, 21. 2s. per Share.
(With power 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 addressed to the Secretary, J. Browne, Esq., 7, Whitehall
place, London.

GENUINE HOUSEHOLD FURNITURE, Cabinet and Horizontal
Pianofortes, Table and Bed Linen, rich Cut Glass, 130 dozen of Fine
Crusted Port and Sherry, and a Capital Iron Door, &c.
MESSRS. DEBENHAM and STORR will
SELL at their rooms, King-street, Covent-garden, on
FRIDAY, the 24th October, at Eleven,
UNREDEEMED PROPERTY, pledged in months prior to October,
1844, with Mr. Grant, of London-wall, Pawnbroker.—Fourpost, tent,
and French bedsteads and hangings—prime goose beds, mattrases,
and bedding—chests of drawers—wash stands—sets •f mahogany
chairs—dining, pembroke, card, 100, and sofa tables—a noble cheval
glass—chimney ;Ind 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.

SOVEREI:GN LIFE ASSURANCE
COMPANY.

Notice is hereby given, that no further Application for Shares in
this Company can be received after TuEsner, the 28th day of Oc-
tober instant. —By order,

_
GEORGE CUM3IING, Secretary,
5, St. James's-street, London.

MTANTED, 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 8,0001.
Applications, accompanied by testimonials, to be addressed to D.
Xeilson, Esq., Chairman of the Liverpool Stock Exchange.