The Express.
London, England, 1863-01-10 00:00:00

LONDON, SATURDAY EVEpTRIO, JANUARY 10, 1888.

THE BRITISH sad ILECIIANGE
BANKINO CORPORA/LOX (limited.
(Itstablished under the Cetnpaniee Aet, 1I with • Lbwßed
Liability.)
Capital One HIWoa aterling.
In 20,000 shares of ASO each. Flint issue 10,000 shame.
It is not intended to call up more than £25 per share.
With power to the shareholders to increase the capital.)
Deposit Al per altars oe application, and CI per sham on
allotment,.

DTREOTORS.
Archibald Boyd, Zig., Director of the Colon Bank of London,
London.
William James Fertile, Eq., of the firm of Verde Brothers and
Co.,
OLIIIIV Esql.
John
~ et the fins of Gilchrist, Watt, and Co., of
Sydney, Director of the felon Bank of Louden, London.
Robert 0111erple, Jun., Esq., of the firm of GlUesples, Moffatt,
and Co, London.
Harry George Gordon, Esm, Chairman of the Oriental Beak Cor-
poration, London.
Harold Littledale, Eq., of the firm of T. and H. Littledale and
Cv., Liverpool.
William M. Neill Esq., of the firm of Neill Brothers and Co.,
Manchester.
Thomaspool. Rees, Esq., of the firm of R. and T. Woodward and Co.,
Liver
William Rennie, Fan., of the firm of Cavan, Lubbock, and Co.,
London.
Samuel bUtt, Esq., of the Arm of Stilt Brothers and Co., Liver-
pool

SAMOS.
London—na Caton Bank of London.
LivrfPral—Tbe Bank of England.
Matiebester—TM Bank of England.
India and Cblns—Tbe Oriental Bank Corporation.
SOLICITORS.
London—Messrs. Ootterill and Sons.
Liverpool—Masan. Pletcher and Hon.

nacoulnB.
London-Bheppseds, Pally, sad Aliened, 48, Threadneedle-street :
J. and J. Whitehead, 8, Momenta street.
Liverpool—Hors:fall and Addison.
Temporary Offices-4 Newman's-court, Cornball. Lyndon
Middleton-buildings, Rumford-greet, Liverpool.
The Britieh and American Eschango Banking Corporation (li-
mited: is formed for the purpose chiefly of dealing in exchange•—•
business which, tempting with British pomrfo has hitherto
been mainly in the hands of private firms and it le well known
that with many countries such banking facilities have not been
afforded to merchants and others as the vastly extended com-
merce of the present day demands. This Is particularly the case
In the trade between England and America, and BM proposed
that this Corporation shall commence its operations by the estab-
lishment Oen agency in New York.
The profitable nature of Exchange business is well known,
especially that with the American States, and although the profit
is at present, greater than can be calculated upon in ordinary years,
there is generally a much larger margin than is usually found
remunerative by bankers. The purchese sad sale on comas
sins of securities In New York and London, the dealings in
which amount annually to many millions sterling, and the re.
mittances of interest and dividends, will afford other sources of
Dr ofit
The practice now become very general of attaching bills of
lading to Who of exchange as collateral security, renders ex-
change op. rations more than usually safe, whilst the shipment
of gold involves scarcely any risk whatever.
The shipments of produce end specie from New York alone for
the past year have amounted to nearly forty millions staling.
and the average of several years bee not been much less. There
is thus a very extended field for the operations of the corpo-
ration, and the faculties which it will afford, both in W s coestay
and America, must tend to promote, and still further to extend,
the oommerclal and monetary transactions between the two
eountriea

The same remarks are applicable to other places In which the
establishment of 'gamin is ountemplated.
A large bllßitleil Is also anticipated betwixt America and the
ports in India and China, which will be carried oat in co ope-
ration with the Oriental Bank Corporation.
Ihe success of Joint-Stock Banks dealing In Exchange is evi-
denced by the present quotations of the shares of the under-
mentioned Companies: and it is somewhat remarkable that the
Joint-toot has not yet been adopted In the American
trade, then pretenting a wider Mild for its progtable operation
than any of er part of the world.
Present
Paid.np. Prices.
eo se so n
20 49 „ 61
26 49 „ 51
20 1161
26 54 „ 66
50 94,,46
26 41 „ SS
Colonial
41 34
„ S 5
pleb , 43
ToLhe Corporation will have offices both in London and
Oorporation Is formed under •• The Companies Act, 1669,"
whereby the liability of the shareholders is strictly limited to
the amount of their respective shares.
No promotion money will be given for originating the under-
taking, and the preliminary expenses will be strictly confined to
such ma are indispensable.
ApplicaJons for shares may be addremed to the annexed form
to the Directors : or to the Broken of the Corporation ; and
copies of the prospectus may be obtained upon application to
them. or to the Solicitors, or at the London and Liverpool Offices
of the Corporation.

Bank of Australasia
New Routh Webs
Union of Australia
London Chartered of Australia.........
Oriental
Agra and United Service
Mercantile Bank of India, London, and China
Ottoman

►ORN OF APPLKATION ►OR SHAMS,
To be retained by the Bankers.

No.
To the Dtrectora of the British and American Exchange Banking
Corporation (Limited.
Gentlemen,—Haring paid to your hankers the sum of C,
being a deposit of Xi per share on shares In the above
Corporation. I hereby request that you will allot me that num-
ber. and I agree to become a member of the Corporation In re-
spect of such shares, or In respect of any less number you may
allot me, and to execute the articles of anwetatlon when re-
qnned ; and I request that my name may be placed on the re-
gister of members for the shares so all itted.
Name in full
Residence
Profeealon or business

.. ofthe METROPOLITAN RAIL-
irtY.—PASIMENGER TRAMS will run on and alter
DAY (Saturday), the 10th January, as follows:
WEEK DAYS.
roaltwill depart from the Terminal Stations at Bildiop's-
ddlngton, nod from Farringdon.street, in the City, call-
ing at all intermeatate stations. ate o'clock am., end every 10
minutes following, until 8 o'clock a.m. After that hoar at each
quarter of an hour following until 8 o'clock p.m. After that
hour at every 53 minutes following until 11 o'clock at Wight.
SUBWAYS.
Ate o'clock am. until 10.30 am., and at 1 o'clock p.m. until
8 o'clock p.m., at each quarter of an hoar following. After that
hour at every 20 minutes following until 10.40 p.m.
For the times of stoppage at intermediate stations, ma well as
for fares of pasermgers and other particulate, see the train bills.
Re Watt train' or osmium to or !mem the Great Western
Railway trains will run near the Metropolitan Railway nail
further notice.

rffIREATRE ROYAL LYOZUM will OPEN,
sok amaaagetneal of Mr. IfSCHTTM, THIS MN-
INO, J BOIL. To monsoonal with an mistrial sketch ea
titled A M DDLt ATTACH—Mmes. Mere, Garden. H. WWl-
oomb, &Grade, and Mrs. Lee. After winds, at a quarter
to 8, a New Hasa lo Drama, lo then acts and prologue, maltled
The DUNES MOITO, by Paul Pent by
Jam Brengham. The
iltcharade. VIM be somerlorad by Mr. Yachter,
ra O. Tang, J. Brougham H. Widdlcomb, S.lP.grr.dyn,
. Charles. Gordan. Pnymood, H huller, Dawson, lames Oarlette
Leclerc% Tate Term Z. Laverne, and Marrorthy. Mr. Midge
and Mr. Welter Hontgoenny are sapped and will shortly 72:=
Doors epso balf.paste, performance to cogareenon at T.
bone, Et at
ed. and kg Mame registered : Malls, M. ;
dram etrule, as. id. : upper drat% h ed. Prices at door.: Stan,
ea. ; dress circle, k ; upper circle, 4 : pit, Ts. ; gallery, le. No
balrprloe. Boxedice open duly !tom f till lftege manger,
Mc. O. Vining; Adios manager, Mt. H. lleetmoA.

IMMENSE SUCCESS of LITTLE CORELLI
in her new and marvellous performance. The ?oar Ameri-
can Wonders have occasioned quite a seneaticm : they surpass all
ever witnessed in thin country. The best company in London,
including Madame Vatoksosere, Min Coastlines, Madame LAM-
bin, Madame she, Mu Lissy Watson, Mr. De Brenner, Mr.
and Mn Brennan, falawalmeg, Daley, and Litille Bob; and
Miss Georgians Bautbeon fn a new Pantomimic Entertainment.
The lAilsDtiN PAVILION, Tiehbonseatrost.
WIBL and IiONNEAILIIIIIR, Paosteistoss.

WHITTINGTON CLUB, 37, Arundel-street,
Strand. onataboing Reading. Dining. Bdllard, Drawing,
sad Smoking Rooms. open daily, including Stlnd•Yu
Tamely suseeripstos, E 2 b. : Ir 4 eau-year, £1 tie. Country
Members, £lla. annually. Udine. 411.1. annually , halt-year,
lot 6d.

01(1Sfembers are informed that the Club Timms are now com-
fortably furnished, and a billiard table is provided. The weekly
Dancing Assemblies have Tremont:ed._

at & Mr. Arthur Young, Reading from the
Iterchento! Venice:" . _ _

TV Tweittii Jnrmla Ball will be on 13th Jan. Tickets L.
Tee prospectuses apply to the Secretary. The Great Hall
(capable of accommodating 800 and other large and
entail Rooms, to be Let for Pabllc Sleeting', Bans. Concerts, to.
Terms may be had on application to WM. YET/L2B, Sec.

%IRE ARUNDEL GREAT HALL, 37, Antoci/31-
J. ttreet. Strand, to be LET. —This hall is available from its
capacious accommodation (SOO personal, for piddle neetinp,
Weans, comma, balls, &c. (having orchestral sedr
quirementeincluding
. For bans, supper and refreshment
rooms, ladies' room with attendant, 'bat room. 4c.. ins Wow:
for public six guineas ; for ooperts, five guise's. No
extras for pa or . Also committee and other mall and
large rooms to be let.—Apply to WOL Secretary, Whit-
'torten Club, drundelutreet, Strand.

THE LONDON GRAND RESTAURANT.
LUNCHEON'S and DISNIEE A LA QUITS tea he had
with COMFORT and DESPATCH AT ANY HOCH DAILY.

im a
in tbe Ovissd itheas.
Simedal Aim-room for ladies and gentlemen.
Spada= ant ventilated mine, «Mee, and smoking Saloon.
Opts ON SUNDAYS YEW! POUR TILL NINL
KARTS; groprodom
191. 71,111ZWYR1IT, OMNI& ag CRAINIBRY-LANR.

Tilll7llll YBENCE BRANDY,
wizaarrio, 20.. ru (Lamm aft. rs DOM :
ma &L smile bank.
Karted's Ise Add Wendy. In ease as Impefted, 110 e. pea dm
a. WALLItZ sad CO., 61, IDOWAR4AOAD,
nadir& Oxford-street, Regeat-elreaL

BARLOW'S PATENT CABE STAND, a new
invention, so admirably contrived that a MI bate, as
well as smaller casks. may be robed or tilted on It without
labour or trouble. Ito action to so impalpable that the sediment
of the wet limpid Auld by no paribality can be disturbed.
Prim K, 125., 14., to suit 41, V. and IS gallon costa
BARWW'S SELF-ACTING SYPHON TAP.
No vein-peg required. Ito same flat beer or sour vine.
Price an ed. ; ditto, electroplated, k.—epply direst to JAMB
BAILOW, patentee, la Kb* Nenseen-leases.
Ise Mat Ids same end Wier are in every wilds; ell Minoan
epinionsimitotkas. Ingrovium gratis. NMahliehed lIIM.

LONDON CARPET WAREHOUSE.
WAUGH sad BON, $ sad 4. GOODOWITRHYT. W.

BROWN BROTHERS. -PATENT OHAIBS
sad 00IIC Barrack Anal" Trunks, Pertsra-
Mau. ie.-1116. . Catalogne• tree.