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

INTENDED SAILINGS FOR MAY.
ROYAL GEORGE .... SATURDAY.... 23d, at 6, Evening.
Rol-AL. SOVEREIGN.. TUESDAY .... 26th, at 5, Afternoon.
ROYAL GEORGE .... THuitsDAY.... 28th, at 6, Evening.
ROYAL SOVEREIGN.. SATURDAY.... :10th, 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, ld. per foot ; Packages, under 12 feet, Is.
each; Cotton, 10s. per ton.
NOTE.—This Company are prepared, without binding
shippers 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
FOOT.
For GREENOCK and GLASGOW,
With Goods and Passengers.
The Glasgow and Liverpool Steam Shipping
company's Steam Shins,
'5.--ACHILLES Captain HUGH MAIN, and
ACTIEON Captain R. CRAWFORD,
Sail regularly between LIVERPOOL and GLASGOW,
WITH GOODS AND PASSENGERS,
From the CLARENCE DOCK. LIVERPOOL, asunder:
MAY, 1840. •
The mu:emoted, or other first-class Steam Ship, is intended to sail :
ACTIEON.. MONDAY .. 25th, at 5 o'clock, Afternoon.
•ACT2EON... FRIPAY .... 29th, at 8 o'clock, Evening. •
For further particulars apply to •
• - MARTIN and Co., Water-street, 7..iverpool.
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.B.—Passengers by the above Steam-ships are not de-
tained at Greenock, but proceed direct to Glasamv. •

For DUBLIN and BELFAST.
THE CITYoF DUBLIN STEAM-PACKET
a COMPANY.
• Incorporated by Act of Parliament.
The above Cbmpany sail their Vessels, (with or without
Pilots,) taking Goods and Passengers to the following Ports,
namely,

For DUBLV,T;

THIS DAY, May 22, at 1 o'clock P.M.
SATURDAY, ft 23, 2 "P.M.

MONDAY,23, 3 „ P.m.
TUESDAY, „ 26, 3 p p P.M.
WEDN E.SDAY, p p 27, 6 P.M.
THURSDAY, p 28, 7 „

The Company's new and splendid Ves.,--els, the ROYAL
WILLIAM, the PRINCESS, the PRINCE, the QUEEN
VICTORIA, or the DUCHESS OF KENT, (With Cabin
Passengers only,) sail Ityk:nr Eirtn.mio, at Seven. o'clock,
from George's Pierhead, LIVERPOOL: to KINGSTOWN
HARBOUR, carrying HER MAJESTY'S MAILS.
For BELFAST,
Every Wednesday,•with Goods and Passengers.
• WEDNESDAY, May 27, at G•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 Shippeis and Shareholders,
a, principle which will best 'guarantee to 'US 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, 21,
Water-street. SAMUEL PERRY. Agent.

PROSPECTUS OF THE

GLASGOW COMPANY.

PROVISIONAL COMMITTEE.
HENRY DUNLOP, Esq., Merchant, Glasgow.
JAMES EWING, Esq., Merchant, Glasgow.
JOHN FLEMING, Esq., Merchant, Glasgow.
ARCIID. HAMILTON, Esq., Carcluie, Ayrshire.
WM. LECKIE EWING, Esq., Mer Chant, Glasgow.
• JOHN BAIN, Esq., Merchant, Glasgow.
WILLIAM CONNAL, Esq., Merchant, Glasgow.
ROBERT NAPIER, Esq., Engineer, Glasgow.
Professor Nrcnoa, Glasgow College.
JOHN MITCHELL, Esq., Merchant, Glasgow. •
J. B. NEILSON, Esq., Engineer, Glasgow.
• JAMES M'CLELLAND, Esq., Accountant, Glasgow.
Professor WILLIAM COUPER, Glasgow College. •
A. WKENZIE KIRKLAND, Esq., Merchant, Glasgow.
A. G. GimcrsoN, Esq., Merchant, Glasgow. -
ALEXANDER AIRD, Esq., Crossflat, Muirkirk.
WiLLTAxi MATH' usoN, 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 Joist Stock Company. - It 'is no
secret that, in Lanarkshire, Renfrewshire, and other parts of
the country. individuals, by adventures 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 Blackhand Ironstone
opens 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
sprung 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-
mum capital is fixed- at £100,000; and, that the object may
not 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
machinery, the projectors of the Company have resolved to
snake 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
any 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
the 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-
vides 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—
on the mineral treasures of Ayrshire, which have now been
brought to light—on the fortunes already realized by those
engaged in the Trade connected with Glasgow—and on the
rapidly increasing demand for the materials of Iron around
that great and enterprising city. To all who are interested
in 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 £25 each, to be called ❑p at the discretion
of the Directors, by Instalments not exceeding £5 per Share,
of which due notice will be given, and a Deposit of 2s. Gd.
per Share will be paid on account of the first Instalment.
But as it is anticipated that there will be a great demand for
Shares in such a promising concern, it is proposed that the
Directors shall have power to increase the Capital, by addi-
tional Subscriptions, as circumstances may warrant, to
£200,000.
A considerable number of Shares have already been sub-
scribed for. Applications for remaining Shares may be made
to DAVID DEEGHORN, Accountant, 24, St. Enoch-square, or
WILLIAM MEI/UNMAN, 27, College-street, Glasgow; or to
BENJAMIN COLEMAN, Stock and Share Broker,
Exchange-court, Exchange-street East, or to
HENRY CROSS, Solicitor, -
15, South John-street, Liverpool.