The Express.
London, England, 1862-12-29 00:00:00

of the talon Bank of

--Loudon)-
Sebastian Ptnto lane, Taq. Messrs. Ptoto Leta and Brothers,
London).
Charles Edward Mangles, Eat. (Chairman of the Royal Mall
Swam Packet Company).
Robert Russell Notman, Esq. (Director of the South Eastern
Oeoottgs
Banway of Portugal).
.1"olard Townsend. Zaq. (Director of the South Eastern
Iftende mersePargis lals, Msg. (Ws d Mama Monolith Walk
and Co., Lisbon), 11, Oloaossfarainank firto-Ptrit.
Bowing—The Caton Bank of London.
-,18--Iteeers. Johnston, larenhar, and Leech, OS, Moor.
LC.
J. Modes, I, Warnford.court,

LC.
lintemrAllT--John Beaton, Fan.
Temporary Offices-27, Consign, E.C.
Although few countries present a more eligible Beld for the
establishment of a sound system of joint-stele banking than
Portugal, It has hitherto been neany destitute of this advan-
tage. The increase in the trade of the country, and its further
development by the opening of its railways, renders the intro-
ductiou of such a system a matter of the tannest importance to
Portugal, whilst it will afford a legitimate source of profit ou
the capita invested for that
The operations of the Bankp:frroe?taral (the only one In Lis-
bon: are of a very restricted nature, affording none of the &dean.'
ages belonging to the Kentish joint-stock banking system,
notwithstanding which its shares command a premium of
RAI los. per share.
In Oporto three local hanks have been established within the
ire few mere and are all In a prosperous condition, their
shares esmaancling the following premiums :
1. The Commercial Bank. capital £444,444 (all paid up)
...amount of slam, : present priory 413 premium.
1 The Oporto Mercantile Bank, capital £333,11.3 (all paid up)
e-amount of share, t.. 44 ; present price, £l3 premium.
3. The Union of Oporto-Bank (very recently established), capi-
tal Gµ444—amount cf share, £fl ; paid up, £lB es. ; present
gate, Li premium.
In addition to an extensive and ;eatable business between
Portugal andthe United Missions. in Lisbon, and the provinces,
IPoargerr anactloret constantly take place 1n the negotiation of
per Irons the Brazils, in which country It may be found dean-
ab pale to establish branches.
The Anglo-Portuguese Hank •111 undertake all legitimate
banking haleness, Including the purchase and sale of bills a ex-
change, receiving deposits, and keeping cash acoounta, granting
letters of credit, discounting bills end other convertible securi-
ties, and the inning of circular notes, payable Wall the principal
cities of Portugal.
Should it be deemed advisable, application will be made to the
government for the privilege of Means notes In the pioneers to
the amount of the nominal capital of the Bank.
The seat of seanaessnent of the Bank .111 be in London, and a
Committee will be formed at Lisbon, chosen from the mercantile
community of that city. It Is also intended to open branches at
the principal towns in the country, when rendered more acces-
sible by the system of railways now rapidly programing in
Portugal.
An experienced manager will be despatched from this country
as soon as the Company are prepared to commence operations.
This undertaking has been projected et the instance of several
Influential pereoua intimately qualoted with the wishes and
requirements of the country, and on the assurances of general
support which have been given from many quarters.
The preliminary expenses will he strictly confined to the
actual disbursements attending the formation of a company.
Prospectuses and Forms of Appikat too for Shares may be ob-
tained from the Brokers, or the Secretary, at the Temporary
Otlkee of the Company.