The Sun.
London, England, 1864-05-26 00:00:00

PROSPECTUS.

The object of this association is to promote the develop-
ment of the resources of Sweden and Norway, by facilitating
the application of capital to safe and profitable enterprise,
and it is after mature consideration and consultation in Eng-
land and abroad, with persons interested in the progress of
the kingdom of Sweden and Norway, and thoroughly ac-
quainted with her resources and necessities, that the Di-
rectors with confidence submit this undertaking to the
public as a sound and highly profitable one to its share-
holders.
Such an institUtion as the present is required in no country
more than in Sweden and Norway, whose vast forests, illex-
Laustible mineral deposits, increasing agriculture and com-
merce, and rapidly rising manufactures, have for years past
'deraisnded financial facilities, obtainable only by means of
dh'ect credit operations.
In a letter received from a high authority in Stockholm it
is stated that " the opening of the few railways now in use
las given a great impetus to remunerative undertakings, for
hich the esuntry itself has not capital ; and it is not too
Much to say that in the next three years many millions
;steel% ' can b readily invested." Six years ago, a Bank,
Stotler the title of the "Enskilda (private) Bank," was formed
fa Stockholm, which immediately created a large business for
itself, and has since continued it with great success ; the
annual dividend, reserve included. being between 25 and 30
Per cent. on tne original amount of the shares.
_The Directors have taken power to issue the Company's
Debentures at: ainst the mortgag s held by the Company,
"etlY confining the amount of the Debentures to the
amount invested in mortgages, and a system of registration
Will be adopted for the protection of the Debentur, holders.
Considerable profit is anticipated from this bra, ch of ope-
rations, as he funds of the Company can thus be turned over
frequently.
From the above sources of profit, the Directors, therefore,
confidently anticipate at least as great a success for this Com-
pany as has invariably attended similar institutions on the
Continent, while, in addition to the profit derived from a
Merely local business, the English, Swedish, and Continental
Financial Company (Limited will add grea ly to its income
through the large agency business which takes place between
the North of Enrope, England. and various continental cities,
of which it will, to a considerable extent, be made the
Medium.
It cannot be doubted that the influential support given to
the Company, both in England and abroad, will secure,
immediately, an ample field for safe and lucrative business.
The Swedish Loan, lately so successfully negotiated in Lon-
don, pledged to be devoted entirely to advancing the con-
struction of railways. will greatly contribute to the profitable
enlargement of that field.
Several important operations are in course of negotiation
In Sweden and elsewhere and awaiting the sstablishment of
this Company, the business of which will be conducted by the
Directors on the basis adopted by the principal crt dit corn •
panics. Besides the arrangements, nearly completed, for the
management of the Company's business in Sweden, negotia-
tions are pending for establishing influential agencies in the
principal commercial cities of the Continent, the Mediterra-
nean, and tne Black Sea.
Applications for 'hares must be accompanied by the deposit
of xi per share, to be paid o the company's banke,s. Shou d
ho allotment be made, the deposit will be returned in full;
and if a less number of shares is allotted than is apelied for,
the overp us will be used towards the payment on allotment.
Prospectuses and forms of applicatisn for shares may be
obtained from the bankers, brokers, solicitors, or at the
temporary offices of the Company, and the articles of associa-
tion may be seen at the solicitors of the Company.