PROPOSED SITE FOR THE WESTERN TERMINUS OF AN ATLANTIC ELECTRIC CABLE. TO ACCOMPANY CAPTN ORLEBAR'S REPORT. Tuesday, June 19th.-The storm was succeeded by a calm rendering steam necessary. Last night, at 8 p.m., we made the Sydney Heads lights, and at 10h. p.m. lay to for the night, head off shore. This morning we stood in, and came up to the anchorage in Farm Cove, in a thick fog, worthy of London river. (To be continued.) THE ATLANTIC CABLE AND ITS PROPOSED WESTERN TERMINUS IN NEWFOUNDLAND.-With a Plan of the Localities. The great question of an Atlantic Electric Cable appears to be again revived, and the difficulties of connecting the old and new world by its means appear once more in a fair way of being grappled with. In our last number the report of Mr. Hoskyn, R.N., supplied some highly important information as to there being more than one easy road to the bed of the ocean, along with the opinion of this officer on the facility with which either might be followed, and the bugbear of the precipitous change of depth was exploded. It was certainly shown by him, as will be seen by the chart, that about the parallel of Galway there is more even ground, speaking generally, than further South. And therefore that such a locality was more favourable for an electric cable. While Mr. Hoskyn was at work on the West of Ireland, adding important soundings to our chart, Captain Orlebar, R.N., was busy on the eastern coast of Newfoundland, doing the same there, and has selected a favourable site of a western terminus for an electric cable at a place called New Perlican, in Trinity Bay. With the permission of Admiral Washington, the Hydrographer to the Admiralty, we give the result of Captain Orlebar's examination of the bays of Trinity and Conception, and also a reduced copy of his survey of New Perlican, the position of all these places being shown on the small general outline of Newfoundland accompanying them. With our November number and that of January, there will be no difficulty in tracing on the charts the two ends of the cable, should these places be adopted. That the failure of the first cable would be followed by another attempt, the importance of the object in view plainly foretold. Nor if this in prospect should fail, do we despair even of another. But we trust that many of the mistakes made in all the detail of the last will disappear in this, and that a favourable time will be found for carrying out this very important undertaking. We now therefore add to our present number the report of Captain Orlebar, with the remarks of Mr. Leeming; and as a preliminary introduction to them we preface them with the following brief view of the meeting which took place in this metropolis on the subject of the cable, on the 12th of December. On December 12th an extraordinary general meeting of the proprietors in this company was held at the London Tavern, for the purpose of receiving a statement from the directors, and considering a proposition for the issue of £600,000 new capital, in preferential shares of £5 each, bearing 8 per cent. interest, guaranteed, in case of success, by the British government; also, to consider the further proposition, that "any further profits-which, to a large extent, are, upon careful calculation, confidently anticipated, shall be appropriated in the first instance to paying a dividend of 4 per cent. on the old capital, and beyond that amount to an equal division between the old and new shareholders, and the formation of a reserve fund." The Right Hon. James Stuart Wortley took the chair. Mr. G. Saward, the secretary, having read the notice convening the meeting, The Chairman said he had never had the honour of meeting the shareholders so hopefully as on the present occasion. That hopeful state was derived principally from the great revival of interest on that subject, and the increased disposition of the public as well as among the shareholders to encourage the directors in their endeavours to complete that great and important work. All their privileges remained intact and perfect in their possession. From inquiries they had made the directors had ascertained that the place they had chosen in Newfoundland for the landing of the cable was the best that could be found, and no other company could obtain a better landing place. They had also greatly improved in the science of telegraphy. The danger to be apprehended to the cable was not from deep water, but from the shallow water. The company had now discovered a very smooth bed for laying the cable down, and had selected it for that purpose. The right hon. gentleman then read extracts of a letter from Sir William Fairbairn, who stated that he had every confidence in the success of the enterprise, provided the insulation was complǝte. He then stated that the gutta percha, as manufactured by Glass, Elliott and Co., was so impervious to water, that, under a pressure of 20,000 tons to the square inch, there was a perforation of only 0.40. The directors asked the government to survey the coast of Ireland for some miles from Valencia Bay, and they, with great consideration, granted their request. The report from that survey was that they had discovered a better and easier practicable route,―a bed all that would be desired for laying a cable, in which a dip 6 feet in 100 was the lowest, and a dip of 19 feet in 100 the greatest incline, and there were no sudden precipitous descents. The Chairman, after referring to the addition of Mr. William Brown, of Liverpool; Mr. Cropper, of the Magnetic Telegraph Company; Mr. Bidder, and the Chairman of the International Electric Telegraph Company, and others, to the directorship, concluded by referring to various other circumstances of encouragement, and moved the first resolution, authorising the directors to issue shares of £5 each, £1 payable as deposit. Mr. C. M. Sampson seconded the motion, which was agreed to. Mr. Bushell, of Liverpool, moved the next resolution, authorising the directors to issue a prospectus stating the present position and prospects of the company, and inviting the subscription of a preference capital, to have a preference dividend of 8 per cent. and a further proportional dividend after the old shareholders had been paid 4 per cent. The motion was seconded and agreed to; as was also a resolution pledging the shareholders to use their best exertions, individually and collectively, on behalf of the new scheme of the company. After the usual vote of thanks to the chairman, the meeting separated. Such was the manner in which the project was received. append the reports and join in good wishes for its success : We now Sounding of Trinity and Conception Bays, Newfoundland. Charlotte Town, Prince Edward Island, November 24th, 1862. Sir, Herewith you will receive the charts containing the soundings. taken in Trinity and Conception Bays, and also eastward of St. John to the meridian of 50° W. A dotted red line indicates the route I consider best adapted for the Atlantic Telegraph Cable, and for which I beg to submit the following reasons: 1. You will observe that it is only the most northern line of offshore soundings that gives muddy bottom, and that this leads right into the mouth of Trinity Bay. The soundings further South are more irregular, less deep, and give stones, rock, and sand. At the entrance of Conception Bay the soundings have the same character, giving fifty fathoms less depth than Trinity Bay. 2. Also in Trinity Bay a channel with muddy bottom five miles wide and more than 130 fathoms deep can be carried from the offing more than forty-five miles up the bay to New Perlican, where it approaches within a mile of the South shore. 3. The nature of the bottom was everywhere noted, and specimens of it have been prepared for the microscope by Mr. T. J. Leeming. The examination of these specimens, and of the rocks on the shore of Trinity and Conception Bays, which are of the silurian system, leads me to suppose that there is nothing on the shores, or at the bottom, likely to impair the working of the telegraph cable. On this subject I enclose a memorandum by Mr. T. J. Leeming, naturalist. 4. Trinity Bay is twenty miles wide at the entrance, and is well lighted by Cape Bonavista and Catalina Green Island Lights on the North side, and Baccalieu Island Light on the South. Icebergs generally ground on the shoal banks off Catalina and Cape Bonavista, and even those that enter the bays are most frequently driven over to the North side. 5. In Fitters Cove, New Perlican, which is too exposed for vessels to anchor, the bottom is sand, with scattered rounded stones, and at its head there is a beach of fine sand, on which the telegraph cable, if protected by a sheath of iron near the land-wash, might be safely landed. It would have to traverse for half a mile a rocky slope, having a depth of thirty fathoms, decreasing to eleven fathoms; but it appears tolerably even, and is too far within the bay to be visited by icebergs, or disturbed by the ocean swell. 6. On the northern side of this bay the soundings are more irregular, and the bottom rocky, whilst there is more ocean swell and more danger from icebergs. 7. For these reasons I think the western terminus of the ocean telegraph cable should be at New Perlican, and on that account I have prepared and transmitted herewith a plan of New Perlican on the scale of four inches to the sea mile. I have, &c., Captain in charge of Newfoundland Survey. Admiral Washington, Hydrographer, Admiralty. General Observations during the Sounding of Trinity and Conception Bays, Newfoundland, by Mr. T. J. Leeming, Naturalist, &c. Orders having been received on the 20th June to sound Trinity and Conception Bays, the steamer M. Stevenson proceeded at once to the scene of operations, and commenced sounding on the 3rd of July, running the first line from Baccalieu Island to Catalina Harbour. The coast from St. John to Cape St. Francis is very bold and rocky, especially near St. John, where the rocks are of great elevation and steeply scarped, so that, with the exception of a few sheltered bays and coves, landing is impracticable, the rocks, for the most part of the Grauwacke system, appearing of a coarse conglomerate, varying in texture from that of a sandstone to a concrete gravel. At Flat Rock Point at Torbay the different textures appear in alternating beds with an inclination of about 10° towards the North. At Cape St. Francis the rocks are slaty, with quartz and a small quantity of copper pyrites. The shores of Trinity Bay, as far as the survey extends, are also very abrupt. The Sugar Loaf, on the South side, consists of conglomerate, with quartz veins rising sheer from the water's edge to the height of 415 feet. Bonaventure Head, on the opposite side of the bay, in like manner rises to 467 feet. Some of the other elevations taken (barometrically) as follows:-Breakheart Point, 326 feet; Hants Harbour Hill, 123 feet; Mount Misery, at New Perlican, 334 feet; Horse Chops, 263 feet. Towards Catalina and Cape Bonavista the shore is much lower, Cape Bonavista at the lighthouse being about 150 feet. The geological character of the rocks, as far as opportunity for examination offered, was as follows:-At Bonavista, alternating layers of sandstone and concrete gravel at an inclination of 40° to N.N.W. At Catalina Harbour the rocks are slate, with a slight inclination varying from 3° to 15° towards the sea; on the N.E. side of the harbour is abundance of cubical iron pyrites, called locally "Catalina |