The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1840-05-22 00:00:00

&tram pabtgation.

GREAT REDUCTION OF FARES TO GLASGOW.
Cabin, only Fier•. SHILLINGS ; Fee, 2s. Deck, 2s.
4,—,, . By the splendid fast-sailinc, Iron Steam Ships
'''' ' N ROYAL SOVE'REIGN,
ttlib• - ' and
ROYAL GEORGE.

INTENDED SAILINGS FOR MAY.
ROYAL GEORGE .... SATURDAY.... 23d, at 6, Evening.
ROYAL SOVEREIGN.. TUESDAY .... 26th, at 5, Afternoon.
ROYAL GEORGE .... THURSDAY.... 28th, at 6, Evening.
ROYAL SOVEREIGN.. SATURDAY.... 30th, at 1, Afternoon.
Apply to M. LANGLANDS, Glasgow, or,•here, to
JAMES BREBNER, 20, Water-street.
NOTE.—Passengers by these Vessels proceed direct to
Glasgow, avoiding the great inconvenience of transhipment
at Greenock into small boats.

REDUCED RATES OF PASSAGE AND FREIGHT.
Cabin, is. ; Steward's Fee, 2s. ; Deck, 2s.
Bales and Boxes, Id. per foot ; Packages, under 12 feet, Is.

each ; Cotton, 10s. per ton.
NOTE.—This Company are prepared, without binding
"nippers by special contract. to continue carrying•at as low
freights as any Company on the station, and they call atten-
tion to the fact that their rate is only ONE PENNY PER
TOOT.

For GREENOCK and GLASGOW,
With Goods and Passengers.
The Glasgow and Liverpool Steam Shipping
Conzpany's Steam Shins,
- ACHILLES Captain HUGH MAIN, and
ACTJEON Captain It. CRAWFORD,
Sail regularly between LIVERPOOL and GLASGOW,
WITH GOODS AND PASSENGERS,
From the CLARENCE DOCK. LIVERPOOL, as under :

AA', 1840.
The undernoted, or other first -class Stearn Ship, is intended to sail
ACTIEON.. MONDAY . . 25th, at 5 o'clock, Afternoon.
ACT/EON.. FRIDAY . . 29th, at 8 o'clock, Evening.
For further particulars apply to
. . . .

• MARTIN and Co., Water-street, Liverpool.
J. MARTIN and J. and G. BURNS,
Buchanan-street, Glasgow ; or to
ARCHIBALD BLACK,
Back of the Custom-house, Greenock.
And at the Railway Stations, London, Birmingham, Man-
chester, &c.
N.8.---Passengers by the above Steam-ships are not de-
tained at Greenock, but proceed direct to Glasgow.

For DUBLIN and BELFAST.
THE CITY OF DUBLIN STEAM-PACKET
= COMPANY,
Incorporated by Act of Parliament.
The above Company sail their Vessels, (with or without
pilots,) taking Goods and Passengers to the following Ports,
namely,

For DUBLIN,
THIS DAY, May 22, at 1 o'clock P.m.
SATURDAY, „ 23, - 2 „ P.M.
MONDAY, 25, 3 „ P.M.
TUESDAY, ~ 26, 5 „ P.M.
WEDNESD'AY, ~ 27, 6 ~ P.M.
THURSDAY, 28,. „ P.M.

, The Company's new and splendid Vessels, the ROYAL
ILLIAAI, the PRINCESS, the PRINCE, the QUEEN
VICTORIA, or the DUCHESS OF KENT, (with Cahill eassengers only,) sail EVERY EVENING, at Seven o'clock,
from George's Pierhead, LIVERPOOL. to KINGSTOWN
HARBOUR, carrying HER MAJESTY'S MAILS.
For BELFAST,
Every Wednesday, with Goads and Passengers.
WEDNESDAY, May 27, at 6 o'clock P.M. . • -.

The principle of this Company is that of attaching all
Importers and Exporters, by a Division of the Profits among
them, after payment of the Dividends, thus creating a com-
munity of Interests between the Shippers and Shareholders,
4 Principle which will best guarantee to its Proprietors a
certainty of their Dividends, and to Shippers of all descrip-
tions of Goods and Live Stock the having a well-supported
establishment of first-class Steamers, and the lowest rate of
freight compatible with due attention to their maintenance.
..._Further information given at the Company's Office, 24,
water-street.- SAMUEL PERRY. Agent.

PROSPECTUS OF THE
GLASGOW AND AYRSHIRE IRON COMPANY,

PROVISIONAL COMMITTEE.
HENRY DUNLop, Esq., Merchant, Glasgow.
JAMES EwING, Esq., Merchant, Glasgow.
JOHN FLEMING, Esq., Merchant, Glasgow.
ARCHD. HAMILTON. Esq., Carcluie, Ayrshire.
WM. LECKIE EWING, Esq., Merchant, Glasgow.
JOHN BAIN, Esq., Merchant, Glasgow.
WILLIAM CONNAL, Esq., Merchant, Glasgow.
ROBERT NAPIER, Esq., Engineer, Glasgow.
Professor Nr c o L Glasgow College.
JOHN MITCHELL, Esq., Merchant, Glasgow.
J. B. NEILSON, Esq., Engineer, Glasgow.
JAMES M'CLELLAND, Esq., Accountant, Glasgow.
Professor WILLIAM COOPER, Glasgow College.
A. M'KENZIE KIRKLAND, Esq., Merchant, Glasgow.
A. G. GiLxisorq, Esq., Merchant, Glasgow.
ALEXANDER AIRD, Esq., Crossflat. Muirkirk.
WILLIAM MATHIESON, Esq., Merchant, Glasgow.
JAMES REID, Esq., Merchant, Glasgow.
WiLLiAm WILSON, Esq., Merchant, Glasgow.
AT a period when the Iron Trade of Scotland is known
to be so profitable, there appears every inducement for
the formation of a New Joint Stock Company. It is no
secret that, in Lanarkshire, Renfrewshire, and other parts of
!he country, individuals, by adventure to a limited extent,
have realised fortunes. Now, in addition to the immense
quantity of Coal, and other minerals in Ayrshire, the recent
discovery of extensive fields full of Blackband Ironstone
?Pens a new source for the production of Pig Iron, at the
lowest price, and of the best quality. The landed proprietcrs
are naturally desirous of rendering these hitherto unknown
resources available; and a spirit of enterprise has already
BPrung up in different districts, which only requires to be re-
gulated by skill, and assisted with capital.
It is under such circumstances that it has been determined
to establish a Joint Stock Concern, to be named, " THE
GLASGOW AND AYRSHIRE. IRON COMPANY." The mini-
Inani capital is fixed at £300,000 ; and, that the object may
tun be unnecessarily retarded by the delays unavoidably at-
tendant on arrangements for the purchase of land, the acqui-
sition of mineral leases, and the erection of buildings and
ulachinery, the projectors of the Company have resolved to
make an immediate commencement in the same county ; •
and, with this view, have obtained an advantageous offer of
the Muirkirk Iron Works, which the partners are willing
either to confirm, or leave the price to mutual reference.
These Works have been already established for about half a
century, and have yielded handsome returns to the proprie-
tors, who are desirous of retiring from the active charge of
the business. There are Four Blast Furnaces, with Blowing
Engines for the production of Pig Iron ; two Forges for the
manufacture of hammered Bar Iron and Implements, and a
Mill for making Rolled Iron : together with all the requisite
Buildings and Machinery, a great command of Water Power,
and extensive accommodation for Workmen. A very large
field of the richest Blackband has recently been brought into
Operation, and which can be raised at very low rates ; inde-
Pendently of inexhaustible supplies of Coal, Limestone, and
Clay Ironstone. While at home the produce of these Works
has been highly appreciated, in the United States of Ame-
rica and other foreign markets the Pig Iron has always re-
ceived a decided preference. The projected Railway from
Carlisle to Glasgow is expected to pass within a short dis-
tance of the Works. Thus, a nucleus will be formed for the
future prosecution of the trade, and a source of immediate
return will be secured for the shareholders. Not only the
district immediately around, but various parts of the county,
have been ascertained to possess the same valuable strata,
and thus to afford the means of extending the operations to
lay prudent extent. As soon, therefore, as the concern is
established, the Directors will be ready to receive proposals,
through the Secretary, from the landed proprietors, stating
Me terms for mineral leases, to which immediate attention
Will be paid.
An unexampled demand for Iron in the construction of
Railways, Bridges, Vessels, Steam-engines, and all general
Purposes, exists in almost every part of the kingdom ; while
the peculiar value of Scotch Iron in foreign markets pro-
tides an ample channel for the disposal of any surplus quan-
tity. The pretensions, therefore, of the ' , Glasgow and
AYrshire Iron Company" are not founded on theory or spe-
culation ; they rest on facts which cannot be controverted—
,Ca the mineral treasures of Ayrshire, which have now been
brought to light—on the fortunes already realized by those
"gaged in the Trade connected with Glasgow—and on the
tepidly increasing demand for the materials of Iron around
.aat great and enterprising city. To all who are interested
la the prosperity of the fine county of Ayr an opportunity
Will thus be presented of opening-up its latent resources, and
increasing its wealth.
The Capital of the Company, as already stated, will, for
the present, be limited to £lOO,OOO, which will be divided
into 4000 Shares, at .f.:25 each, to be called up at the discretion
the Directors, by Instalments not exceeding £5 per Share,
uf which due notice will be given, and a Deposit of 2s. 6d.
ter Share will be paid on account of the first Instalment.
ut as it is anticipated that there will be a great demand for
Directors
in such a promising concern, it is proposed that the
Pirectors shall have power to increase the Capital, by addi-.
Otional Subscriptions, as circumstances may warrant, to'
'2.
considerable number of Shares have already been sub-.
scribed for. Applications for remaining Shares may be made
aDAVID DREGHORN, Accountant, 24, St. Enoch-square, or
WILLIAM AlmucLEstAN, 27, College-street, Glasgow • or tr
BENJAMIN COLEMAN, Stock and Share Broker,
Exchange-court, Exchange-street East, or to
HENRY CROSS, Solicitor,
15, South John-street, Liverpool.