Ad00802

' .. he Directors have already received sufficient application for Shares to enable them to proceed to an allotment . Minimum Dividend 15 to 25 per cent , anticipated . BUSINESS WILL BE COMMENCED IMMEDIATELY AFTER ALLOTMENT . THE BRITISH FISHI CULTURlTsOCIETY , LIMITED , Incorporated under the Companies Acts , 1862 to 1886 , 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 are 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 , at intervals of not less than two months . Where no allotment is made the application money will be returned in lull . If a smaller number of Shares be allotted than applied for the surplus will be credited towards the amount payable on Allotment . Five 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 . PATRONS . ADMIRAL HIS SERENE HIGHNESS PKINCE VICTOB OJ F . BUEDON SANDERSON , Esq ., F . R . S ., Professor , Oxford . CHARLES C . CAI ? EL , Esq ., Proprietor Cray Fishery , HoHENLonK-LAtfOENBUiiu , St . James's Palace . "VV . E . PARKEK , Esq ., Professor , University , Cardiff . Foot ' s Cray , Kent . EABL OP AYLESFORD . P . W . BRIDGE , Esq ., Professor , Mason College , B'hara . F . LANGDON , Esq ., Proprietor Exo Valley Fishery , COUNTESS OF AYLESFORD . EDW . RIDER COOK , Esq ., P . C . S ., F . J . O ., Chairman Tiverton . LADS * COLIN CAMPBELL , Authoress of A Book of the Riverside Fish Market Company . R . G . LAKES , Esq ., J . P . for Cornwall , St . Austell . Running Brook . ALHAN DORAN , Esq ., F . R . C . S ., Granville Place . W . R . E . CRESSWELL , Esq ., M . I . C . E ., P . G . S ., Wolvor-LAEY ELIZABETH LEGQB . PETER HOOD , Esq ., M . D ., Treasurer of the Fisheries hampton . LADY D . NEVILL . " Preservation Association . Dr . R . E . MACDONALD , St . George ' s School , Ascot . COUKT GLBICKKN , St . James ' s Palace . W . RAMSBOTTOM :, Esq ., Pisciculturist . Liverpool . R . RAMSBOIIO ^ , Esq ., Geneva ! Merchant , Manchester . VISCOUNT R . MANDEVILLE , 1 Great Stanhope Street . F REDK . C . BROWNEIELD , Esq ., Licensed Salesman , Fish HAROLD HANAUER , Esq ., P . Z . S ., 25 Marylebone Road , SIR JOHN KENNEDY , Haslehatch , Dublin . Market , Shadwell . London , N . W . G . B . HOWES , F . L . S ., P . Z . S ., Ass . Prof , of Zoology , JOHN MANSFIELD , Fish Salesman , Fish Market , Bill- CHARLES PENRUDDOCKE , Esq ., Compton Park , Salisbury . Normal SchooJ of Science , and Royal School of Mines , ingsgate . C . A . LESLIE , Esq ., J . P ., of Balguhaim , 29 Cado"an South Kensington . J . WILKINSON , Esq ., Manager , Brighton Aquarium . Terrace , London , S . W . DIRECTORS . Lieut .-Colonel A . H . KAY , Talbot Road , W ., Chairman . Ex .-Provost A . CUERAR , Esq ., J . P ., General Merchant , Honourable D . FINCH , Bury , Leamington . Lieutenant-Colonel I . M . WHALE , Proprietor Ferndale Kingussie , N . B ., Director of the North British Fresh F . VV . PAUL , Esq ., Managing Director ( who will join the Fishery , Crowboro ' , Sussex . Fish Supply Company . Board after allotment ] . Consulting Pisciculturists—J . J . ARMISTEAD , Esq ., Pisciculturist Engineer , Proprietor of the Solway Fishery , Dumfries , N . B . , * THOMAS FORD , Esq ., Proprietor of the Manor Fishery , Caistor , Lincolnshire . SolieUor-m . PHILP , 1 Guildhall Chambers , Basinghall Street , E . C . Bankers-TEE LONDON AND SOUTH-WESTERN BANK , LIMITED , 7 Fenchurch Street , E . C . Auditors—Messrs . HART BROTHERS , TIBBETTS & CO ., Chartered Accountants , U Moorgate Street , E . C . Secretartj-J . HOUSTON . Offices ( pro tem ) -177 EUSTON ROAD , LONDON , N . W .

Prospectus.

PROSPECTUS .

This Company is formed for the following purposes : ( a ) To increase the food supply , by the culture and sale of every description of fish : ( 6 ) To increase tlie value of landed property , by stocking tho empty Inland Waters and Ei vers with Fish : and ( c ) by establishing Fish Farms and erecting Fisheries . One salmon or trout produces CO ii ) ova : ono tench , perch , piko , 100 , 000 ; ono carp , 250 , 000 ; ono eel , several millions . Out of 1000 ova in nature only ono Fish arrives at maturity ; but by tho protection and aid of scientific means in a hatching-house , 900 out of every 1000 can he reared with absolute certainty .

At present thousands of tons of Fish are imported , and immense sums of money aro spent abroad by British consumers which can be much more advantageously laid out iu this country if fish were cultivated hero ; and it is estiuatcd that thousands of pounds sterling can be saved , and Fish sold at halt * the present prico , if such farming be properly carried out . As an example , the annual consumption of eels alone in the United Kingdom amounts to 4000 tons ( value £ 500 , 000 ) , mostly imported from Holland and Germany ; aud in spite of freight , loss by dead ones , and other disadvantages , yields largo profits to the

importers—they aro sold from Od to ls 3 d per lb . This price is a prohibition to a largo developine , i ol business . There is one excellent Fish scarcely known in Great Britain—the tench . It has many advantages over the eel , because it can he bred ( ocls can . only be reared ) . It is also more healthy and stronger than tho eel ; the flesh is superior , more wholesome , delicious , and very nutritious ; it is therefore much moro suitable as a commercial commodity , and is of national importance ns an article of food ; moreover , it can bo kept and fattened in any vessel or water , even in your own house , and therefore ready

at any time for the table , a fact ot obvious aed considerable importance and value . The Company intends to cultivate eels , tench , trout , salmon , & c , whereby tho consumption will , without question , be doubled , but as a reasonable calculation and a very moderate computation , supposing the Company should only secure the fourth parr , o £ the present trade ( 1000 tons ) , and only make Jdper 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 . During the erection of the Fisheries and tho cultivation of the Company ' s own fish ,

the Company proposo to import fish and commence business at once . Mr . Paul has succeeded in obtaining two very advantageous contracts , one for the importation of eels and one for the sale of them . It is supposed thnt a net margin of id profit per pound of fish will bo made . Arrangements aro contemplated for securing a trade of about 1000 tons per annum , which , at § d per pound profit , will produce nearly 2-1 per cent , dividends from this source alone . It is , however , estimated that Id profit will bo realised per pound , and , as in addition to eels the Company will deal inotherFish . it may rea-onably be expected that

considerably moro than 2000 tons may bo sold , and the profits consequently moro than doubled . These figures do not include tho pro cipal incomo from tho cultivation of tho Fish , which will be the special object of the Company . Fieh is an article of daily consumption , is one of the most nutritious and favourite foods ofthe people , and is in constant demand , dead or alive , all the year round . The poputetion grows larger every year , and consequently , new channels must be opened

to supply a wholesome food most aoundantly . Tbe Vendor has tiad water and land near Kiu-lsfielcl Station ( Clapham Junction ) , Briwhtlingsea , Harwich , Hull , Wiitton , Norwich , Hertford , Gloucester , Salisbury , Southhampton , and other places in England , as well as in Scotland , Ireland , and Wales , offered to him , either on lease or purchase , and some of the propcrties > re ( to a limited extent ) u ? ed as Fisheries , and are stocked with Fish immediately available for the market .

The services of Mr . Paul , the well-known Pisciculturist , have been secured for seven years as iMarmging Director ; and to greatly strengthen his hands , tho Directors have obtained the assistance and co operation of tho most able authorities in this country , who have already their own Fisheries , and who possess tho practical knowledge of breeding Fish ; and it is their confident opinion that this Company will meet a growing want and ach'eve a most remarkable r . nd unprecedented success . The Vendor is the patentee ol a specially-constructed box in which to pack eels , tench , ¦? c , PO that they may iirrivo alive alte : * travelling long distances . By the present , s . ' . stem a large quantity- > i * eels arrive dead , and hate lobe sold at a low price . The

Company wnl acqmie this patent , and will manufacture and sell the patent fish-convoyin . box s , fruin which a considerable additional income is anticipated . The Diiecters propose to establish local Fisheries in each county . This will save the very eonsitlernble railway Height , tho middlemen , and incidental charges from the London Market . The Fish will be suppli- d considerably below the present price , and in an improved condition of quality and freshness which at the present time is itnpos-ible . The Company intends to construct ponds in any part of tho country , and to stock them with Fish for private Fish Cultivation , go as to increase the value 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 boon obliged to return money received , not being able to supply tho Pish demanded , and has had consequently to refuse orders . The Fish imported could be bred in Kngland at less than half tho price charged abroad ; tho enormous freight , tho great and unavoidable losses on dead fish would thus be saved , and increase tho profits of tlio Company . Through this business the Vendor has a , wide connection throughout

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

Fishcuring , Smoking , Pickling , Bo Hading , and such other forms of preparation , which tho Company intend to commence , as will meet tho requirements of tho Home and Foreign markets . The Directors intend to stock certain waters with black bass , trout , pike , perch , and other fish for angling purposes , to keep bait on tho spot , and p'ovide accommodation which shall meet the approval of every angler ; and from this a good incomo must aUo

accrue . The propagation of trout , salmon , and other ova is , in 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 thero are about 100 Fisheries who sell their trout ova from as per 1000 ; in Kngland it is sold at the extremely high rate ot * from 20 s to Wi > and it is calculated that this Company will be ablo to supply ova for at least half this

price , and realise very handsome profits . Tho Venilor has obtained from the Great Eastern Railway Company a reduced special rate for conveviug Fish , and it is anticipated that similar advantages will be secured from other Railways . The following extract from tho Report to tho Legislature of tho Commissioners on Fisheries for the State of New York for 1830 shows the enormous profits attainable * from Fish culture :

J ) i / examining the I aides given of production inul expenditure , if will lie found that the cost of hatching 100 , 000 , 000 Fish , including expenditure for real estate , buildings , and permanent uf pliunees , as veil as labour , has been , in round numbers , 2 . 30 , 000 dollars . This in one quarter of a cent , for each Fish produced . Estiniiilinij that ofthe Fish planted , one-fourth only ( which is a very small proportion ) lice lo maturity , we hu . ee 2 "J , 00 O , 'J 00 of Fish , coslinq one cent , cach . ^

Tlie lowest estimate that should be put on the value of these Fish for Market is an average of fifteen cents . Tints the public har , a return for the money appropriated for artificial Fish culture V . fifteen hundred per cent ., or for the expenditure o / 2 o , 000 dollars a return , of ' 3 , 750 , 000 dollars iu production . If there is a ig other industry fostered by the Slate Government that pays like this Ul it be demonstrated .

V . OBERTB . ItOOSEVELT . FUG-F . XE G-. BLACKFORD , Wli May ISSH . I' . ICIIAItD V . SHERMAN . WILLIAM IT . BOWMAN . This is the impartial proof of the Commissioners in America , where tho culture ot Fish has been an uorivallcd success . To fatten Fish at vantageously it is necessary to feed them with the moat snitublc natural nourishing fond . Thu Vendor lias made this his special study , and can manufacture lish food which will make Fish grow aud quickly attain a healthy maturityisn iiccn oittenciUroni

I ' nave (> HICILM to 20 niche- ; in twelve mouths , weighing aboil ' 12 lb . each . It is imposed to feed the Company ' s Fish with this ( ish food , o ? whieli 5 cwt . will produce about 7 ui ) lbs . of Fish , which , if sold at Od per lb . only , willreali = ° about CIS . The co < t of the lish food and all other expenses will bo about i' 10 , or £ 3 nc ' profit , or nearly 1 : W per cent , profit ou tho outlay . An additional income may ' ° derived irom tho s ;! o et' this fish food hselt ' . A contract , dated the . 1 tth . day of . March isrf 3 , Ins been entered into between F . ff '

1 ACI , ot the ono part and V . Si . Ita-isranmii ' -KK , on behalf of thu Company , on the otliof part , whereby Mr . PAUL agrees to givo his expei ' -er . ced services to the Company ' '' salary to he fixed li' - - thu Directors , co transfer and assign the secret of making his lis " food , contracts , agreements , patent , fishing rights , goodwill , and business connection to tho Company in cousi'leratiou of £ !•) ' ) cash and ' 'J 5700 fully paid-up shares . ^ shows his entire confidence in the undertaking . JS ' 0 promotion money lias or will be paid by tho Company ; and in its formation disbursements will be confined stiictly to expenses considered necessary for its org-. """

sation . Thu Memorandum and Articles of Association and the above Contract may be seen at the Office of tho Solicitor to thu Company . Prospectuses , with forms of Applications for Shares , can be had of the (' omp ' '" " ' ''* ' Solicitors * , Banker , ; , :,, ud at the Ollici ; . ; ofthe Company .