The Express.
London, England, 1864-03-11 00:00:00

I4CIT.

LO doa—Yeurt Fysom Taidiams, Curling, and Walla. Frede-
rick's-place, Old Jewry
Ileum Flux and Anil.* Mincinndanw
tiverp•nil-31essra. Fletcher. null. awl stoue.
)I,inchester—Mesars. Sale, Worthington, Shipman, and Seddon.

BALMILY.
L.ndon—Menra. J. and J. Whitt head, Itoorgate street.
31anchester—Ilasars. Shore and Kirk.

Temporary Otlacea--21:76-r—opm-o-rtoo- otreet, London.
PROSPECTUS.

While exchange banks and credit institutions have been este.
blished to connect We country unsocially with almost every
forvisn market, and to give facilities for convey in g to our shores
every description of merchandise, it is remuliable that as soon
as the operation of importing is performed the monetary facilities
arc withdrawn. The bills drawn spin our merchauts mature,
and must either he 01E4 by the merchant's capital unaided, or by
sales. Thus, when temporarily there is an excess of any 0411-
nt../ity imported, Its price is unduly depressed. and wriutts hoses
are incurred. (*chesty hankers and discount houses dislike
making advances upon merehandise, having no ugav nation for
exaini gang the goods and correctly estimating their value. What
they want are good bills, drawn on those who, knowing the
value, have accepted for a fair advance. Incision of labour Is
here as elsewhere found to be most convenient and profitable.
To meet this want, which every merchant must acknowledge,
the Warrant Banking Company is formed. The business of the
Company will mainly consist in making advances neon deposit
of the staple articles of produce, represented by dock warrants
or other means of absolute assignment. duly inspected and
valued on behalf of the Company, and with a proper merlon to
allow for depreciation.
These advances will be made in acceptances by the Company
of the drafts of its customers, sad 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 ne doubt
that the whole discount market will he available when it is de-
sired by the holder to turn the bill into cash.
It will he readily apparent that the existence of such an Insti-
tution, while it will be of great service to merchants, and In-
crease the stability of the entire class, will be an equal conveni-
ence to hankers and di/wawa firms, furnishing them with a
class of bills rarely obtainable. In order to reader the due pay-
ment of the Company'sacceptanrescertain, the Directors under-
take that the entire paid•up capital of the Company will be in-
vested and, so far as practicable, remain invested in British and
last Indian Government sectuities, and upon deposit at call,
and it Is proposed that the capital thus paid up and Invested
within the first year shall roach the sum of at least 4200,000.
The held which etists for each an uadertaking a ill be at once
apparent from a glance at the Board of Trade retiees of foreign
Imports for the past year, which amounted not to speak of
home produce, to over athk.ooo,oo. If we estimate the average
stock of foreign goods hell it wan-house as equal to three mouths
conaampUou, it would represent an amount of £50,000.000.
Advances may also le made when deemed advisable upon
stocks and shares in permanent undertakings readily con-
vertible.

A reasonable proportion .111 ►Lays be maintained between
the eatent of business undertaken and the called op capital.
Should it be necessary, the latter will be increased to one million
sterling. to be invested, as already indicated, simply as a guaran.
tee fund.

—ilCancbee will, in due time, be established at Liverpool, Man-
chester. Oleadow..te., Ac.
The Directors will not receive any remuneration until the
shareholders have been paid KS per cent. by way of dividend on
their paid-up capital. After payment of 5 per cent.. the Directors
will 'melee one-fifth of the net profile.
!to promotion money will be said for originating this under-
taking. The preliminary expenses will be confined to t►e neces-
sary diabureetnents.
Prospectuses, and forms of application for shares. may be ob-
tained of the brokers, bankers, wile-Dors, and at the temporary
offices of the Company, but no application for shares will be con-
sidered unless a deposit of Al per share has been previously paid
to the hankers of the Company.
In the event of no allotment being made, the deposit
will be returned without deduction, and should the number
allotted be less than the number applied for, the payment In ex-
cels will be applied towards the balance of the deposit.

PORN OP APPLICATION 101 SNAIL&
N 0.... (To be retained by the Bankers.)
To the Directors of The Warrant Banking Company 'limited.)
Oentlereen, —Haring paid to your Bankers the sum of E
being a deposit of El per Share on Shares in the chose
Company, I hereby request that you gill allot me that number,
and agree to become a member of the Company in respect of
such Shares, or In respect of any less number you may allot me
and to pay on allotment the further deposit of ES per Share
thereon. and I request that my name may he placed on the
Register of Members for the Shares so allotted.
Naas In full
Residence
Profession or Waimea
Date

FIELD'S celebrated UNITED SERVICE SOAP
TABLETS, 4d. and ed. each, cold by all chandlers and
gropers throughout the kingdom: bit the public should auk
for Field's, sad see that the Bann of J. C. and J. FIELD Is
on each pocket. box, and tablet. Wholesale sad for esportsticas
at the Worts. UPPER MARSH, LAMBETH. LONDON. S., where
also ma be obtaleed their Prise Medal Pare Matt Candles.

DR. HASSALL u well u the " LANCET"
Newapaper. both report highly of the merits of Waters
Quinine Will..
Manufactured by ROBILRT WATERS.; Martin lane Cannon-
greet. ;endue. P.C. Sold by Grocers, Italian N archousetneu,
and otheaoatisleAe s a dome.
Ageets, L Lewis led Os., Worcester.

TEN OIFORD.—The present interpretation of
FAUST constitutes an cambia the history of this ball.
already famed for the brilliancy of its operatic selectiooa
Largely auginssied vocal sod instrumental renames hare been
added to reader tee preseat selection from this universally popu-
lar opera worthy of the parent work. Faust, Mr. Morley;
llephistopldlea Mr. Green; Marguerite. Miss Russell: Director,
Mr. Y. Joughsoans.

A(TREAT SALE of LACES, Embroideries,
Handkerchiefs, Silk Hosiery, Dressing Gown!, Cloaks, Re.,
at half.price THIS DAY ,Ifriday), the Uth last, and To. MOR.
ROW, at A. BLACHBORSCS Bruxelles and Spanish Depot, SS,
South Audleyetreet, Oroarenorequare. Loudon.

THE EMBANKMENT.—SCOTT on ART
EDUCATION.—The BUILDER of TOMORROW. price ed..
br post ild.,contains .—Flue View and Plan at Nun Appleton
Hall Yorkshire—The Thames Embankment. In reference to the
General Embellishment of London—Thoughts and Suggestions
on She Artistic Education of Architects—The Pugin Memorial—
Architectural Museum. South Kensington—Art Union of Lon-
don Sculpture Competition—The Influence of Local Scenery on
Load Architecture—News from Sydney—Archeological Asada-
tion—Ths Workmen's Club Movement--City Crossings. Previa-
=llca. tn.—Office. 1. Yorketreet. Covent-garden; and all

Now ready, price dd., stamped rd.,
THE AUTOGRAPHIC MIRROR.
Carmen of No. 11.
Christian IV, of Denmark: bir P. Sidney, WashinrYgftWo Nelson,
Nesselrude, Metternich, Dnintinrier, Ellesmere, C•Mgo, Mrs.
Trollops,the Doviliielle of Derby (MW)atrea), Chicle* Kean,
Merles Mathews, and sketches, with autographs by the hate
Mr. Theckeray, and John Leech.
No. 3, with four more pages, and printed on superior paper,
wilt be ready on the 15th lostant, price la. The dates of publi-
cation for the future will be the let and 15th of every month.
Office, 110, Strand.