Ad00802

1 he Directors have already received sufficient application for Shares to citable them to proceed to an allotment . MinimumDividend15to25percent,anticipated. BUSINESS WILL BE COMMENCED IMMEDIATELY AFTER ALLOTMENT . THEBRITISHFISHCULTURTSOCIETY,LIMITED. Incorporated under the Companies Acts , 18 ( 52 to 1880 , whereby the liability of the Shareholder is strictly limited to the amount of his Shares . CAPITAL £ 50 , 000 , in 50 , 000 Shares of £ 1 each . Of which 20 , 000 Shares aro now offered to the Public ; payable 2 s on Application ; 8 s on Allotment ; and the remainder as required , in Calls not exceeding 5 s per Share , afc intervals of not less than two months . "Where no allotment is made the application money will be returned in full . If a smaller number of Shares be allotted than applied for the surplus will be credited towards the amount payable on Allotment . JPive per Cent . Interest will be allowed on uncalled Capital to Subscribers paying up their Shares in full on allotment . It is intended to make an early application to the Stock Exchange for a settlement and quotation . P A T R O N S . ADMIRAL HIS S KRKNE HIGHNESS PRINCE VICTOR orr E \ Buitnox SANDERSON , Esq ., F . R . S ., Professor , Oxford . CHARMS C . CAPBL , Esq ., Proprietor Cray Fishery , HouBNioHK-LAifaENiiiiRG , St . James's Palace . W . E . PARKER , Esq ., Professor , University , Cardiff . Foot ' s Cray , Kent . EARL or AYLESEORD . F . W . BRIDGE , Esq ., Professor , Mason College , B'ham . F . LANRDOX , Esq ., Proprietor Exe Valley Fishery , COUNTESS OF AYLKSVOKI > . EDW . RIDEK COOK , Esq ., F . C . S ., F . J . O ., Chairman Tiverton . LADY COLIN CUII-HELL , Authoress of A Book of the Riverside Fish Market Company . R . G . LAKES , Esq ., J . P . for Cornwall , St . Austell . Jtunuiiuf Brooh . ALUAN DORAN , Esq ., F . R . C . S ., Granville Place , W . R . E . CKKSSWKLL , Esq ., M . I . C . K ., F . G . S ., Wotver-LABY ELIZABETH LEGGE . PETER HOOD , Esq ., M . D ., Treasurer of the Fisheries hampton . LADY D . NEVILL . Preservation Association . Dr . R . E . MACDONALD , St . George ' s School , Ascot . COUNT GLEICHEN , St . James ' s Palace . "VV . RAMSBOTTOM :, Esq ., Pisciculturist . Liverpool . R . RAHSUOTTOM , Esq ., General Merchant , Manchester . VISCOUNT R . MANDEVILLE , 1 Great Stanhope Street . FREDK . C . BROWNI -IELD , Esq ., Licensed Salesman , Fish HAROLD HANAUER , Esq ., F . Z . S ., 25 Marylebono Road , SIR JOHN KENNEDY , Haslehatch , Dublin . Market , Shadwell . London , N . W . G . B . HOWES , F . L . S ., F . Z . S ., Ass . Prof , of Zoology , JOHN MANSMELD , Fish Salesman , Fish Market , Rill- CHARLES PENRUDDOCKE , Esq ., Compton Park , Salisbury . Normal School of Science , and Royal School of Mines , ingsgato . C . A . LESLIE , Esq ., J . P ., of Balguhaim , 29 Cadogan South Kensington . J . WILKINSON , Esq ., Manager , Brighton Aquarium . Terrace , London , S . W . D I U E C T O E , S . Lieut .-Colonel A . H . KAV , Talbot Road , W ., Chairman . Ex .-Provost A . CRERAR , Esq ., J . P ., General Merchant , Honourable D . FINCH , Bury , Leamington . Lieutenant-Colonel 1 . M . WHALE , Proprietor Ferndalc Kingussie , N . B ., Director of the North British Fresh F . W . PAUL , Esq ., Managing Director ( who will join the Fishery , Crowboro ' , Sussex . Fish Supply Company . Board after allotment ) . Consulting Pisciculturists—J . J . ARM 1 STEAD , Esq ., Pisciculturist Engineer , Proprietor of the Solway Fishery , Dumfries , N . B . ; TIIOMAS FORD , Esq ., Proprietor of the Manor Fishery , Caistor , Lincolnshire . Solicitor—Mr . PH 1 LP , 1 Guildhall Chambers , Basinghall Street , E . C . Bankers—THE LONDON AND SOUTH-WESTERN BANK , LIMITED , 7 Fenchurch Street , E . C , Auditors—Messrs . HART BROTHERS , TIBBETTS & CO ., Chartered Accountants , 14 Moorgate Street , E . C . Secretary—J . HOUSTON . Offices { pro tern)—177 EUSTON ROAD , LONDON , N . W .

Prospectus.

PROSPECTUS .

This Company is formed for the following purposes : ( a ) To increase tho food supply , by the culture and sale of every description of iish .- ( b ) To increase the value of landed property , by stocking the empty Inland Waters and Rivers with Fish : and ( c ) by establishing Fish Farms and erecting Fisheries . One salmon or trout produces 00 J 0 ova : one tench , perch , pike , 100 , 000 ; one carp , 250 , 000 ; ono eel , several millions . Out of 1000 ova in nature only one Fish arrives at maturity ; but by the protection anil aid of scientific means in a lmtcbirig-kouso , 000 out of every 1000 ran be reared with absolute certainty .

At present thousands of tons of Fish are imported , and immense sums ot money aro spent abroad by British consumers which enn be much moro advantageously laid out ia this country if fish were cultivated here ; and it is cstinated that thousands of pounds sterling can be saved , and Fish sold , at half the present price , if such farming Go properly carried out . As au example , tho annual consumption of eels alone in the United Kingdom amounts to -1000 tons ( value . 6500 , 1 ) 00 ) , mostly imported from Holland and Germany ; and in spite of freight , loss by dead ones , and other disadvantages , yields large profits to the

importcrs—they are sold from Od to Is 3 d per lb . This price is a prohibition to a large developrne' t of business . There is one excellent Fish nmrccly known in Great , Britain—the tench . Ifc has many advantages over the eel , because it , can lebred ( eels can only be reined ) . It is also more htulthy and stronger thiui tho col ; the tlesh is superior , more wholesome , delicious , and very nutritions ; it is therefore much moro suitable as a commercial commodity , und is of national importance as au article of food ; moreover , it can be kept and fattened in any vessel or water , even in yonr own house , aud therefore ready

at any time for the table , a fact of obvious a d considerable importance and value , The Company intends to cultivate eels , tench , trout , salmon , & c , whereby the consumption will , without question , be doubled , but as a reasonable calculation and a very moderate computation , supposing the Company should only secure the fourth part of the present trade ( 1000 tons ) , are ! only make Id per pound profit , that would realise £ 9 , 500 , or nearly 50 per cent , dividend , which may be increased tenfold or more with every other sort cultivated . i During the erection of the Fisheries and tho cultivation of the Company's own fish ,

the Company propose to import fish and commence business at once . Mr . Paul lias succeeded in obtaining two very advantageous contracts , one for the importation of eels and ono for tbe sale of them . It is srrpposed that a net margin of -J-cl profit per pound of fish will be mado . Arrangements are contemplated for securing a trade of about 1000 tons per annum , which , at Jd per pound profit , will produce nearly 21 per cent , dividends from this source alone . It is , however , estimated that ld profit will bo realised per pound , nnd , as in addition to eels tho Company will deal in other Fish , it may rea-onably be expected that

considerably more than 2000 tons may be sold , and the profits consequently more than doubled . These figures do not , include the principal income from the cultivation of the Fish , which will be the special object of tho Company . - Fish is an article of daily consumption , is one of the mosfc nutritious and favourite foods of the people , and is in constant demand , dead or alive , all the year round . Tho population grows larger every year , ancl consequently , new channels must bo opened

to supply a wholesome food most abundantly . Tbe Vendor has bad water and land near Earlsfield Station ( Clapham Junction ) , Brijihtlingsea , Harwich , Hull , Wntton , Norwich , Hertford , Gloucester , Salisbury , Southhampton , and other places in England , as well as iu Scotland , Ireland , and Wales , offered to him , either on lease or purchase , and some of the properties | are ( to a limited extent ) used as Fisheries , and are stocked with Fish immediately available for the market .

The services of Mr . Paul , the well-known Pisciculturist , have been sectrred for seven years as Managing Director ; and to greatly strengthen his hands , tho Directors havo obtained the assistance and co-operation of the most able authorities in this country , who have already their own Fisheries , and who possess the practical knowledge of breeding Fish ; and it is their confident opinion that this Company will meet a growing want and achieve a most remarkable and unprecedented success . The Vendor is tho patentee of a specially-constructed box iti which to pack eels , tench , Ac , so that they mny arrive alive a ! te .- travelling long distances . By the present system a large quantity of eels arrive dead , and have to be sold at a low price . The

Company will acquire this patent , nnd will manufacture and sell tbo patent fish-convoying boxes , from which a considerable additional income is anticipated . The Directors propose to establish local Fisheries in each county . This will save the very considerable railway freight , the middlemen , ancl incidental charges from the London Market . The Fish will be supplird considerably below the present [ nice , and in an improved condition of quality and freshness which at the present time is impos-ible . Tho Company intends to construct ponds in any part of tho country , and to stock fcheui with Fish for private fish Cultivation , so as to increase tho vn . litc of landed property .

Prospectus.

The Vendor was the first , for commercial purposes , to import from France , Italy and Germany , all description of live Foreign Fish to stock ponds , or for other ornamental purposes , and has been obliged to return money received , not being able to supply the Fish demanded , and has had consequently to refuse orders . The Fish imported could bo bred in England at loss than half the price charged abroad ; the enormous freight , tho great and unavoidable losses on dead fish would thus bo saved , and increase the profits of the Company . Through this business tho Vendor has a wide connection throughout

the Kingdom , aud is in business relation with many Fish Merchants , a fact which must prove beneficial to tho Company . He was the first to publish a journal onFish Culture , and to import the Black Bass and the Silurus Glanis , whi h are as ediblo and delicate as Trout , but at the present time cannot bo obtained in tho English Market . Considerable additional pr-ofit may be safely anticipated from the business of Fishthe

curing , Smoking , Pickling , Itollading , and such other forms of preparation , which Company intend to commence , as will meet tho requirements of the Home ancl Foreign markets . The Directors intend to stock certain waters with black bass , trout , piko , perch , a , ntl other iish for angling purposes , to keop bait on tho spot , and provide accommodation which shall meet the approval of every angler ; and from this a good income must also

accrue . . . The propagation of trout , salmon , and other ova is , iu Groat Britain , only in its infancy . In " the United States , Canada , France , Germany , & c , it is a large trade with . a good income . In Bavaria alone there aro about 100 Fisheries who sell their trout ova from 5 s per 1000 ; in England ifc is sold at the extremely high rato of from 20 s to 103 , and it is calculated that this Company will bo able to supply ova for at least half this

price , and realise very handsome profits . Tho Vendor has obtained from the Great Eastern Railway Company a reduced special rate for conveying Fish , and it is anticipated that similar advantages will be secured from other Railways . The following extract from the Report to the Legislature of tho Commissioners ot Fisheries for the State of New York for ISsti shows tho enormous profits attainable from Fish culture -.

By examinhi . il the tables ginen of production and expenditure , it will be found that the cod of hatching 100 , 000 , 000 Fish , including expenditure for real estate , buildings , and - permanent appliances , as v . ell as labour , has been , in round numbers , 250 , 000 dollars . This is one quarter of a cent , for each Fish produced . Estimating that of the Fish planted , one-fourth ouhj ( which is a eery small proportion ) lice to maturity , ice hare 2 "i , 000 , 0 l' 0 of Fish , costing one cent , each ; The loa-est estimate that should ha put on the value of these Fish for Market is an aeeraijc of fifteen cents . Thus the public has a return for the money appropriated for artificial Fish culture •iffifteen hundred pet- cent ., or for the expenditure »/ 2 o , 000 dollars a return q / ' 3 , 750 , 000 rfoKors in production . If there is any other industry fostered by the State Government that pays like this lc ( it be demonstrated .

ItOBEMTB . ItOOS ' EV ' ELT . EUGENE G . BLACKFOBD , 101 h May 1880 . XICUAItD V . SUEltMAN . WILLIAMII . BOWMAN . This is the impartial proof of the Commissioners iu America , where the culture of Fish has been an unrivalled success . To fatten Fish advantageously it is necessary to feed them with the most suitable natural nourishing food . Tho Vendor has made this his snecial study , and can manufacture fish food which will make Fish grow ancl quickly-attain a healthy

maturity-Jush have been iattened from 0 inches to 20 inches in twelve months , wei"hing about 12 lb . each . It is proposed to feed tho Company ' s Fish with this fish food , o ? which 5 cwt . will produce about 700 lbs . of Fish , which , if sold afc Gd per lb . only , will realise about . CIS . The cost of the fish food and all other expenses will be about klO , or t'S i ' profit , or nearly 100 per cent , profit on the outlay . An additional income may bo derived from the sale of this fish , food itself . A contract , dated the Uth day of March 1 SS 3 has been entered into between F . W .

, PAUL of the one part and F . S . RntsKXUE « - } 15 R , on behalf of the Company , on the other part , whereby Mr . PAUL agrees to give his experienced services to tho Company at il salary to be fixed by the Directors , to transfer and assign the secret of making his fish food , contracts , agreements , patent , fishing rights , goodwill , and business connection to the Company in consideration of , C * . M ) cash auddir . 5700 fully paid-up shares . This shows his entire confidence in the undertaking .

JNo promotion money has or will be paid by the Company ; and in its formation lbsbursomeuts will be confined strictly to expenses considered necessary for its organ' " sation . The Memorandum and Articles of Association and the above Contract maybe seen afc the Office of the Solicitor to the Company . Prospectuses , with forms of Applications for Shares , can be hud of the Company ' J b-uhcitorti , Baukeia , and at tho Ullicas of the Cuuiuau' -.