The Sun.
London, England, 1864-04-12 00:00:00

THE IMPERIAL BANK OF CHINA
(Limited).
Incorporated under the Companies' Act, 1862.
• THE CREDIT MOBILIER (Limited),
Is prepared to receive applications for the Capita! of the
Imperial Bank of China (Limited).
Capital £1,000,000, in 20,000 shores of ZIO eoch.
First issue, 10,000 shares.
Deposit on application £1 per share, and £4 on allotment.
Subsequent calls n.-it to exceed £5 per share, and at inter-
vals of not less fhan three months. No call shall be made
until after the expiration of three months Irom the date of
allotment.
It is not intended to call up more than £lO per share ; but, as
the operations or the Corn,Jany increase, and more share
capital can be advantageously employed. further issues of
shares will be made, a preference being given to the then
existing shareholders.
DIRECTORS.
Richard C. Coles, Esq. (Coles, Brown, and Co ), I ondon.
William Cotton Curtis, Esq. (Robarts, Lubbock, and Co.),
London.
Lieutenant-Colonel French, Chairman of the Bombay and
Baroda Railway.
James Levick, Esq., Director of the Credit Mather, Limited.
Alexander Morrison, Esq., Director of the Bank of Otkr,
Robert Barclay Reynolds, E q. !Reynolds, Mann, and Co ),
London and Liverpool.
Peter Molt, Esq. (Peter Molt and Co.), London.
Hon. Fredk. Stuart Wortley, late Member of the E'gin Em-
bassy to China.
J, Mackri.l Smith, Esq., 3.5, Old Broad-street, London, and
Shanghai.
With power to add to their numbers.
BANKERS.
Messrs. Robarts, Lubbock, and Co., London.
SOLICITORS.
Messrs. Edwards and Co., Westminster.
Messrs. Newbon, Evans, and Co., Nicholas-lane.
BROKERS.
Messrs. Field, Son, and Wood, 9, Warnfor 1-court, Throg-
morton-street.
Messrs. Robins and Barber, 29, Threadneedle-street, E.C.
TEMPORARY OFFIJES.
At the Offices of the Credit Mobilier (Limited), 80, Lombard-
street.
SECRETARY (pro tem.)—T. Short, Esq.

PROSPECTUS.
China is the only large c untry in the o'vilised world which
has no direct bank in London operating solely for its benefit ;
and it is obvious that a vast fertile region, inhabited by 300
millions of intelligent people, who carry on an enormous in-
ternal trade by means of native joint-stock and private banks
of issues, and who have an extensive and increasing com-
mercial intercourse with Europe, India, America, and
Australia, must present a lucrative field tor monetary ope-
rations.
Great Britain imports from China and Japan (via China)
upwards of 7,000,0001 b. of silk and about 120,00),0311b. of tea.
Toe rapid increase of trade is thus shown :
Imports Exports to Total trade be-
Years. of China China of British twem Chi la. and
Produce. Manufactures. United Kingdom.
1842.... £3,956,290 .. £969,38t ... • £4,925,671
1862.... 11,376,150 .. 5,310,036 16,694,186
Ting
the between India and China has increased
during the past 20 years from three to 15 millions sterling.
The port of Shanghai aloie exhibits an extraordinary de-
velopment. In 1842 it had no European trade; in 1852 the
va ue of its exports was £14,667,165, its imports £22,863,953
total, £37,531,419.
The balance or Trade with China is paid in bullion -chiefly
silver—of which the export value was, in 185 t, £102,316; in
1862, £3 4:8 397. Cotton is now becoming a large item of
trade ; during the last six mont s of 1853 more than
20,000,0001 b. were exported.
The Imperial Bank of China has therefore been formed to
supply an acknowledged want on the plan which has been so
successfully carried out in London by the banks for India and
other similar institutions. the success of which the following
table will exemplify, and it is believed at least equal SUCCCSB
will mark the progress of this bank :
Paid up Present
Name of' Bank. per Price per
Share. Share.
Agra and United Service .
Chartered Mercantile of India, London, 25
and China
fin lustan, China, and Japan
Oriental
The Imperial B ink of China will transact all operations
connected with those of a bank of issue, deposit, discount, and
exchange.
The directing and controlling authority will be in London.
Branch Banks, with boards of local directors, will be formed
at Hong Kong, Canton, Shanghai, Foochow, Tientsin, Pekin.
and at such other cifien as may from time to time be deeme
advisable. Thcbranches will be under the control of the Lon-
don board, aided by the supervision of an inspector-general,
as in the case with the Indian and Colonial ranks, and the
authorisation of the Government of Pekin has been solicited
to allow the specie notes of the Imperial Bank of China to be
received inment of custom duties and at the tax offices
thethroughout empire, an offici 1 corrcs ondence now being
carried on by the Bank with Pekin for that object ; and a
the Pekin Government will not trust the native local banks,s
it is believed this Bank will become to the Goerment of
China what the Imperial Ottoman Bank is Eton that of
Turkey.
The desire on the part of the Government of China foe
railways and telegraphic communication will render neces-
sary extensive financial operations, which the Imperial
Rank of China will be pecu Early favourably situated to un-
dertake.
Applications for shares to be made in the annexed form.
In the event of no allotment of shares being made, the deposit
will be returned in full. Should a tess number of shares be
al otted than are applied for, the deposit will be made avail-
able towards the payment on allotment, and the balance, if
any, returned to the applicant.
Prospectuses and forms of application for shares may be
obtained at the offices of the do m SO,
Lombaxcl-street, and from the bankers, broker, and soli-
citors. -

FORM OF APPLICATION FOR SHARES.
To be retained by the Bankers.
To the Directors of the Imperial Bank of China (Limited).
Gentlemen,--Ilaving paid to your bankers, Messrs. Itobarts,
Lubbock, and Co., the sum of being a deposit of 1
per share on shares of the above Company, I hereby
request that you will allot me that number, and I agree to
ac ept such shares, or any less number you may allot me ;
and I agree to pay the deposit on allotment, and to sign the
articles of association of the Company when required, and I
authorise you to insert my name on the register of members
for the number of shares allotte taue.
Usual signate

Name in lut:
Residence
Profession
Date

THE IMPERIAL BANK OF CHINA,
Limited.
NOTICE IS HEREBY GIVEN, that the LIST of APPLI-
CATIONS for SHARKS in this Company will be CLOSED
TO-MORROW, WEDNESDAY, the 13th instant, for
London, and THURSDAY, the 14th instant, for Country
applications.
By order of the Board,
T. SHORT, Secretary, pro tem.
Temporary Officeg-80, Lombard-street,
April 12, 1864.