The Sun.
London, England, 1864-03-16 00:00:00

BROKERS.

London—Messrs. J. andlWiiiehead, 'aiO^rgate-street.
Liverpool—Messrs. Gasquoine
Chamberlain.
Manchester—Messrs. Shore and Kirk.
TEm:ronAur OFFICES.
21, Th.;ogmorton-street, London.

PROSPECTUS.
While exchange Banks an Credit Instillu`ions have been
established to mane, t this country financially with almost
every foreign market, and to give fact Dies for conveying to
our shoret every descrii tion of merchandi e, it is remarkable
that as soon as the operation of .mport'ng is performed the
monetary facilitio. are withdrawn. The bills drawn upon
our merchants mature, and must either be -net by the mer-
chant's capital unaided, or by sales. Thu., when tempo-
rarily there is an excess of any commodity imported, its
price is undo y depr,ssed, and s riin losses are incurre .
Ordinary bankers and discount houses dislike making ad-
vances upon merchandise, having no organisation for exa-
mining the goods and correct y estimating their value.
What they want are good bills, drawn on those who, know-
ing the value, have accepted for a fair advance. Division of
labour is here as elsewhere found to be most convenient and
profitable.
To infect this want, which every merchant must acknow-
ledg% the Warrant Banking Company is formed. The bu 1-
r."-ess of the Company will mainly consist in making dv .nces
• upon 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 margin to allow for depreciation.
These advances will be made in a 'ceptances by the Com-
pany of the drafts of its customers, and as every bill will re-
present mer handise readily convertible, and b at the same
time secured by the whole ca• ital of a powerful Company, the
exact position of which will be patent to al', there can be no
doubt that the whole Dis ount Market will be available when
it is desired by th' holder to turn the bill into c ,sh.
It will be readily apparent that the existence of such an
institution, while it will be of great service to merchants, an
increase the stability of the entire class, will be an equal con-
venience to bankers and discount firms, furnishing them with
a class of bills rarely obtainable. In order to render the due
payment of the Company's acceptances certain, the Directors
undertake that the entire paid-up capital of the Company
will be invested, and, so far as practicable, remain invested in
British and East Indian Government securities, and upon
deposit at call, and it is proposed that the capital thus paid
up and invested within the first year shall reach the sum of
at least 0£200,000.

,
The field which exists for such an undertaking will be at
once apparent from a glance at the Board of Trade returns of
foreign impor s for the past year, which amounted (not to
speak of home produce) to over £200,C00,000. If we estimate
the average stock of for ign goods held in warehouse, as
equal to three months' consumption, it would represent an
amount of X 50,000,000.
Advances may also be made when deemed advisable ucon
Stocks and Shares, in permanent undertakings readily con-
vertible.

A. re .sonable proportion will always be maintained be-
tween the extent of business undertaken and the cal ed-up
capital. Should it be necessary, the latter will be increased
to one million sterling, to be invested as already indicated,
simply as a guarantee fund.
Branches will, in due time, be established at Liverpool,
Blanchester, Glasgow, &c.
Tac Directors will not receive any remuneration until the
shareholders have been paid £5 per cent. by way of dividend
on their paid-up capital. Alter payment of 5 per cent. the
Directors will receive one-fifth of the nett profits.
No promotion money will be paid for originating this un-
dertaking. The preliminary expenses will be confined to the
necessary disbursements

Prospectuses and forms of application for shares may be
obtained of the brokers, bankers, solicitors, and at the tem-
porary offices of the Company, but no application for shares
will be considered un'ess a deposit of £1 per share has been
previon ly p ,id to the bankers of the Company.
In the event of no a lotment being made the deposit will be
returned without deduction, and should the number allotted
be 1-ss than the number applied for, the payment in excess
will be applied towards the balance of the deposit.

FORM OF APPLICATION FOR SHARES.
To be retained by the Bankers.

No.—
To the Directors of the Warrant Banking Company
i mitedl.
Gentlemen,—Having paid to your Bankers the sum of
being a Deno ,It of X! per share on shares in the above
Company, I hereby request that you will allot me that num-
ber, and I agree to become a member of the Company in re-
spect of such shares, or in respect of any leas number you may
al'ot me; and to pay on allotment the further deposit of tl
p r share thereon, an I reqest that my name may be placed
on the Register of Membe, s for the s .area so alloted.
Name in full
Res Bence
Profession or business
Date

TH. WARRANT BANKING COMPANY
(Limited)
NOTICE IS HEREBY GIVEN, that no farther APPLI-
CATIONS for SHARES in this Company will be received
after MONDAY next, the 21st instant.
By Order.
Temporary Offices, 21, Throgmorton-street,
London, March 15,1564.

MESSRS. BOTT, JACKSON, AND CO.
execute COMMISSIONS on all races throughout the
year. Market price guaranteed. Remittances. London and
Westminster Bank. Post-office Orders payable at Camber-
well-park.
Address—Borr and JAMESON, "Man of the World" Wine
tores, George-street, Camberwell-park, London.

•
fiE ATI NG ' S PALE NEWFOUNDLAND
COD LIVER OIL The Finest Imported this Season.
THIS VALUABLE MEDICINE having of late years
come into such general use, and being, moreover, so exten-
sively prescribed by the most eminent practitioners both in
town and country, Mr. Keating can with the greatest
confidence recommend this Oil as being perfectly pure, nearly
tasteless, and free from adulteration, having been analysed,
reported on, and recommended by Prof. Taylor, of Guy's and
St Thomas's Hospitals, Dr. Scott, M.D. L.R.C.P., F.L.S.,
&c., and Dr. Edwin Payne, M.D., L.R.C:P., M.R.C. S., who,
in the words of the late Dr. Pereira, says that "The best Oil
is that which is most devoid of colour, odour, and flavour, cha-
racters this will be found to possess, being purely of hepatic
origin, a point of great weight with regard to its therapeutic
value. _ , _ _ _

• Sold in half-pints, ls. 9d. ; pints. 3s. ; Quarts, 55. 6d. ; and
Five-pint Bottles, 12s. 6d., imperial measure, by THOMAS
KEATING, Chemist, 79, St. Paul's Churchyard, London.

DR. SCOTT'S BILIOUS AND LIVER
PILLS.—A NEVER FAILING REMEDY.—Pre-
oared without any mercurial ingredient, from the recipe of Dr.
Scott, of Bromley, Kent, will be found invaluable to all who
suffer from bilious and dyer complaints, indigestion, wind,
spasms, giddiness, dizziness of the eyes, &O. For habitual
costiveness as a family aperient medicine, and as a purifier
,
of the blood, they are truly excellent ; mild in their opera-
tion and grateful to the stomach, they create appetite, pro-
mote digestion, and strengthen the whole nervous system.
Sold by W. Lambert, 8, King to Charing-cross.
London, and by most druggists, in boxes,ls. lid., and three
times the quantity in one, 2s. 9d. Be sure to ask for Dr.
Scott'
a Bilious and Liver Pills. The genuine are a square
greenp Package, with " William Lambert," engraved on the
stam.