The Express.
London, England, 1864-03-17 00:00:00

Manchester. .
Otorge: Palmer Robinson, Esq., Director of the =snout Bank.

______
London.
Albert Ricardo, &q.. of A. and W. Ricardo. London.
Witham &matron. Eaq., of Ralph &matron, Mancbester.

nanisms.
London, Liverpool, and Manchester—The Alliance Bank.

001 S.

inednn—Meftnn. rponjilhatniTetuting, and Walls. Fred*.

rick' . Old very.
Meant PYllua and Arglea, Mincing Lane.
liverpool—Steears. Pletcher. Hull. and Shute.
liester—Melara. Sale. Worthington, Shipman, and Seddon.

111.01Rits.
Loedeo—Meems. J. sod J. Whitehead. Mooreateatreet.
Llverpoil—lieears.Nuoioe and chamberlain.
Ilatm—Mmun.. Shoo and Kirk.
Temporary Oilloss-21, Thromnortonatreet, London.
PROPYBCTIT.

While exchange banks and credit instlintione have been esta-
blished to connect this country financially with almost every
fore*. market, and to give facilities for conveying to our shores
every description of merchandise. it Is remarkable that as soon
as the operation of importing is performed the monetary facilities
are withdrawn. The bills drawn upon our merchants mature,
and must either be met hay the merchant's capital unaided, or by
sale. Thus. when temporarily there le an excess of any cons
modity imported. Its price la unduly depressed, and serious looses
are incurred. Ordinary bankers and discount houses dislike
making advances upon merchandise, having no ogaidaation for
examining the goods and correctly estimating their value. What
they want are good bills, drawn on those who, knowing the
value, have accepted for a Mr advance. Division of labour Is
here uelaewhere found to be most convenient and profitable.
To meet this want. which every merchant must acknowledge,
the Warrant Bank ng Company la formed. The business of the
Company sill mainly vuoast in making advances upon deposit
of the stap:e art dee of pnoluc.• represented by dock warrants
or other means of absolute assignment. duly inspected and
valued on behalf of the Company, and with a proper margin to
allow for depreciation_
These advances will be made In acceptances by the Company
of the drafts of Its customers, and as every bill will represent
merchandise readily convertible, and be at the same time se-
cured by the whole capital of a powerful Company. the exact
position of which will be patent to all, there can be se doubt
that the whole discount market will lie available when It is de-
sired by the holder to turn the bill into cash.
It will be readily apparent than the existence of such an insti-
tution, while it will be of great service to merchants. and in.
crease the stability of the entire clam, will be an equal conveni-
ence to bankers and discount firms, furnishing them with a
class of bills rarely obtainab:e. In order to render the dee pay-
ment of the Company's aceeptances certain, the Directors under.
take that the entire pald•no capital of the Company will be in-
vested and, so far as practicable, remain Invested In British and
Bast Indian Government securities, and upon deposit at call,
and It la proposal that the capital thus paid up and invested
within the first year shall reach the sum of at least £XOO,OOO.
The field which exists for such an undertaking will be at once
apparent from a glance at the Board of Trade returns of foreign
Imports for the past year, which amounted not to speak of
home produce) to over £r00.000,000. If we estimate the average
stock of foreign goods held to warehoue as equal to three months
consumption, it would represent an amount of 810,000,000.
Advances may also le made when deemed advisable upon
' stocks and shares in permanent undertakinp readily ems
vertible.

711rennembie proportion will always be maintained between
the anent of Menem undertaken and the called ep capltaL
Mould It be necessary. the latter win be incresaed to one
sterling. to be invested, se already Indicated, simply al I guaran-
tee fund.

Branches wfo, in due time, be established at Liverpool, Man-
chester. Olsegow, de., de.
The Directors will not receive any remuneration until the
shareholder have been paid £5 per cent. be way of dividend on
their paid-op capital. After payment of S par cent., the Directors
will receive one-fifth of the net profile.
No promotion mosey will be . aid for originating this under-
tagnig. The preliminary expenses will be confined to the neces-
sary dlibareetnenta.
rwepectuses, and forms of application for shares. may be ob
tamed ot the brokers, bankers, solicitors, and at the tampon',
offices of the Comma,. but DO application for shares will be con-
sidered %mime • deposit of CI per share has been previously paid
to the bankers of the Company.
In the event of no allotment being made, the deposit
will be returned without deduction, and should the number
allotted be lees than the unmoor aapppplied for, the payment In at-
oms will be applied towards the balaaoa of the deposit.

PORN or APPLICATION lON MAINS
N 0.... (To be retsdeed by the Rioters.)
To the fareeton of Ma Warrant Hankie, Company Limited.)
Gentlemen,—Havlng paid to your Bankers the sum of
being a deposit of LI per Share on Shares In the shove
Company, I hereby request that you wIU allot me that number,
and I agree to become a member of the Company to respect of
such Shares, or In respect of any less number you may allot me :
and to pay on allotment the further deposit of i. 4 per Share
thereon, and I request that my name may be placed on the
Reglater of Members for the Shares no allotted.
Name 12 tall
Iteeldence
ProteeMos er Deism
Date

GREAT REDUCTION in HOTEL CHARGES
at the Blur lestricr. Jarrasotrook 11l loom's, through
oat the Waster braors.

WHIN ARE SPECTACLES REQUIRED?
This query is worthy ramideraWon lorry re anxious
to retain the Inestimable bleating-sight: for on comet know-
ledge an to the proper Uwe for uric apectseles will droved She
certainty of preserving clear err to the end of life. When Ile
darer, is deternileed a nicety of dissemination must be oar
in adapting lenses of the exact power that will WO, the look ,or . THE WARRANT BANKING COMPANY
tinware Wiry will result. Optimal rucks, like Iced lad queer I (Lfraltorli.
de Ineskrable salesblet by their isborant pretension. r is I
NOTICE IS HEREBY GIVEN, that NO FURTHER APPLT.
Peered_ by It of____ 'weld', __..liewii_ ,ere, awdewelille4Lewaere' CATIONS for SHARD in this Company will be received
eNI.W. 0. were "we" to ww eerie. rather treat '""'" after MONDAY next, the 21st Instant—By order.
optimise of repro, and avoid risk to re's sight. The e
ll eta , Teaponry 0,,.., !I,nrominri,...t.n..t.
of Trier Hants and Son established Ilag, opposite re British i Leaden, March 15. 1864.
Mrommribe lender having serially sttendod to tbe mane- •
iwweere DI 19411wies• are "Twice. to advi" na analiZt= 91HE GREAT SALE of LACES, Embroideries,
WWI toms remedying defeetive on by Um eaminge
of the lenses, matbentrisally tree. of the requisite power. and A Haedkeertiets, Silk Hosiery, Dreeratt Orme, Cloaks, We.,
also by the Indigoes aelestioe of a specters trams (whir Is Ms A. lisyries, will be_riusliwuild dwilegewdaihe ellsergro*
wweestithat
wise Imprint% of the form meet herinlog Wires. A. II CIBORNIM prairies sad
Aedbrelrest, Cliesverernare. Leder

THEINVIGOBATIVENERVINEESSENCE. AND L E 8.-P RI Z E MEDA L.
The most wientlflcally prepared and mad powerful autrl NJ PARAFFINIC—Adopted by her Majeatra Government fog
Jive cordial ever Introduced : restores to their normal conditioe the nalbilary stations.
W the secretion; os the integrity of which perfect health de J. C. and J. YIELD,
penis. It la a specific for debility of all kinds. and from its coo- the original seanufaeturers sad holders of the 1861 Prise Medal,
Mining, woof other ingredient; pepsine and phespato of soda, esanini the public against any sperious Imitations. Their label
will prove highly beneficial to the nervous and dyspeptic. Is on all packets and hoses. Seld by all dealers Voetighnut the
Price fie par bottle, or four quantities In one for Ma. Sole Iduatdom. Tnolowile and Co vvlwirtotine at the Works. 1* PPE&
410010, Memos. liaunstrarteu ant Co, 110, Orforclatrost, MARSH, LA METH, LONDON. 8.. where also may be obtained
and 114 Leadmilsail4trect, LC., lAsidos their celebruled Malted Berries Boy Tablets.

HYAIt aod CO.'B SUITS for BOYS, 66 and
11. OXIFOILASTRIZT. w.
are week whalrid by Parente and (hurdling for quality. taahlon,
and eccerway. Knickerbocker. Westminster. Osborne, sad
Window sails, lik dd. to Via . Zion, Harrow, sad Rugby suits.
Ina., spa. SW and an A tryingwa room handsomely fitted up
la craneeica with this department.

DR. SCOTT'S BILIOUS and LIVXR
• rimer failing remedy, pospareil withers& nayOrwrtY
Ingredient, from the recipe of Dr. Scott, will be found invsluable
to all who ender from bilious end liver serapialsta, Indigestion,
wind, spasms. giddlnees, dizziness of the eyes, &e. For hattasl
costiveness, so a family apertent medicine, and as • puller of
the Mood, they are truly excellent : redid In their operation and
gretetul to the stomach, they create appetite. prontste dignities,
and strengthen the whole nervous syMem—laid by W.Lunbert,
ehemist, $, King Chseing.erces, London, sad by mos
draggists, In boxes, le. I}ll. and t. 9d. Be mere to ask for Dr.
heart e Billows mad Leer Pills. The genuine are In a memo gram
package with William lambert' engraved oa W Mang.