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

TEN PER CENT. MORTGAGE BONDS.-
STRAND MUSIC HALL COMPANY (Limited)
BONDS of .£lO each, are now ready for issue, constituting- a
First Charz.e upon the Property of the Company, repayable
in Three Years, and bearing Interest at £lO per Cent. per
Annum, p iyable hali-yearly.
Apply at the Offices of the Company, 345, Strand, W.C.
or to Mr. G. T. Taylor, Stool and Share Broker, 11, Token-
house-yard, E.C.

By Order of the Board,
FREDERIC LAWRANCE, Secy.

THE CREDIT FONCIER
(Limited'.
NOTICE IS 'HEREBY GIVEN, that the CERTIFICATES
of SHARES in this Company will be ready on MONDAY
next, 21st instant, and may be obtained in exchange for the
Banker's receipts.
By order of the Board,
ALFRED LOWE, Secretary.
Temporary Offices, 80, Lombard-street,
London, March 15, 1864.

ATLANTIC TELEGRAPH COMPANY.
Incorporated by Act of Parliament, 1857.

NOTICE IS HEREBY GIVEN, that an EXTRAORDI-
NARY GENERAL MEETING of the Shareholders in the
Atlantic Telegraph Company will be held at the London
Tavern, Bishopsgate-street, within the City of London, on
THURSDAY, the list day of March, 1864, at One o'clock
p.m., at which meeting the following Busines 3 will be pro-
ceeded wills :

.......
Ist. To receive the Report of the Directors on a Con ract
for manufacturing and laying the Cable in the bummer of
1855.
2d. To authorise, under the powers of the Company's Act
of Parliament, an increase of tiie Company's Unguaranteed
Capital by the issue 431 new Capital, to an amount not exceed-
ing. £150,100.
3d. To authorise, or otherwise, as provided by the "At-
lantic Telegraph Amendment Act. 1.59,' the issue from time
to time of onds or Mortgages for such amounts as to the
Directors may seem expedient. not exceeding in the whole
the sum d One hundred Thousani Pounds.
4th. To do or perform any other matter or thing that may
be then and • here found expedient for carrying out the fore-
going arrangements.
JAMES ST (TA RT WORTLEY, Chairman.
GEORGE SAWARD, Secretary.
22, OM Broad-street. London, E.C.,
Tuesday, March 15, IS6i.

THE WARRANT BANKING COMPANY
(Limited.)
(FOR ADVANCES ON MERCHANDISE AND SECURITIES.)
Incorporated under the Companies' Act. 1562.
Capital £4O ,0,000, in 40,000 shares cf £5O each.
F rit Issue, 20,600 shares.
Deposit £l per share on application, and £4 per share on
ailoiment. Future calls will not exceed £5 per share, at
intervals of three months.

DIRECTORS.
Joseph Bravo, Esq., of J. Bravo and Co., London.
Archibald Bruce, 14]sq , of the late firm of Bruce and Co.,
A bchurch- lane, London.
W. J. R. Cotton, Esq., of Culverwell, Broo' s, and Cotton,
London.
A. D. De Pass, Esq., of De Piss and Sons, London.
Abet Heywood. Esq., ex-Mayor of Manchester, Director of
the Alliance Bank, Manchester.
George Harvey Jay, Esq., Tokenhouse-yard, late of the firm
of (triter, Ball, and Jay, London.
Thomas Jolly, Esq., of Thom -s Jolly and Co, Manchester.
William itVAndrew, Esq., of William M'Andrew and Sons,
London.
IT. R. Marriott, ['sq., of Henry Marriot` and Co., Manchester.
William M. Neill, Esq., of Neill Brothers and Co., London
and Manchester.
George Palmer Robinson, Esq, Director of the Alliance
Bank, London.
Albert R cardo, Esq., of A. and W. Ricardo, London.
Willi, m Rawstron, Esq., of Ralph Rawatron, Manchester.
BANKERS,
London, Liverpool, and Manchester—The Alliance Bank.
SOLICITORS.
London—Messrs, Fy,on, Tathams, Curling, and Walls, Fre-
derick'--place, Old Jewry.
Messrs. Flux and Argles, Mincing-lane.
Liverpool —Messrs. Fletcher, Hull, and Stone.
Manchester--Messrs. Sale, Worthington, Shipman, and
Seddon.

BROKERS.
London—Messrs. J. and J. Whitehead, Mo rgrate-street..
Liverpool—Messrs. Gasquoine and Chamberlain.
Manchester—Messrs. Shore and Kirk.

TEMPORARY OFFICES.
21, Throgmorton-street, London.

PROSPECTUS.
While Exchange Banks an 1 Credit Institu ions have been
established to conne, t this country financially with almost
every foreign market, and to give fact tries for conveying to
our shores every deseri, tion of merchan die, it is remarkab'e
that as soon as the operation ot ,rnportng is performed the
monetary facilities are w.thdrawn. The bills drawn upon
our merchants mature, and must either be met by the mer-
chant's capital unaided or by sales. '1 hur, when tempo-
rari y there is an excess of any co rimodity imported. its
price is undo y deprrvsed, and a ri at • 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. Et:visi,ii of
labaur is here as elsewhere found to be most convenient and
profitable.
To meet this want, which every merchant must acknow-
ledge, the Warrant Bank ng Company is formed. The bu I-
ness of the Company will mainly consist in making dv laces
upon deposit of the staple articles of produce, represented by
dock warrants or other means of abs )lute assignment, duly
inspected and v .lued on beh all of the Company, and with a
proper margin to allow for depreciation.
These advances will be ma :e in a ceptances by the Corn-
p•ny of the drafts of Its customers, and as every bill will re-
present mer handise readily convert ble, and b' at the same
time secured by the whole ca cf a powerful Company, the
exact position of which w.ll 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 meraantr, an t
increase the stability of the ent re class, will be an equal con-
venience to banl, era and ills :mint firms, f urrishing them with
a class of bills rively 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, a d upan
deposit at call, and it is proposed that the apical thus paid
up and invested within the first year shall reach the sum ot
at least £200,C0(l.
The field which exists for such an undertaking will b^ at
once apparent from a glance at the hoard of Trader& urns of
foreign impor s for the past year. which amounted (not to
speak f home produce) to over £200,• 00,000. If we estimate
the average stock of for ign goads held in warehouse, as
equal to three months' o.,nsumption, it would represent an
amount of £50,000,000.
Advances may also be made when deemed advisable uron
mtocks and Shares, in permanent undertakings readily con-
vertible.
A re sonable proportion will always be maintained be-
tween the extent of business undertaken a‘ d the cal ed-up
capital. Should it be necessary, the latter will be increased
to one million sterling, to bo invested as already indicated,
simply as a guarantee fund.
Branches will, in due time, be established at Liverpool,
Manchester, Glasgow, ct
T Direc• ors will not rec ive any remuneration until the
shareholders have been paid £5 per cent. by way of dividend
on their paid-up capital. Atter 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
previCri 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.

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

No.—
To the Directora of the Warrant Banking Company
(L'mited).
Gentlemen,—TTaving pled to your Bankers the sum of ,
being a Pepo it of £1 per shire on shares in the above
Company, I hereby request that you will .11ot me that num-
ber, and I agree to become a member of the Company in re-
snect of such shires, or in respect of any le 38 nua.ber you may
al'ot me ; and to pay on allotment the further deposit of Zi
p r share thereon, and I reqest that my name may be placed
on the Register of Ilembe!s for the si ares so alloted.
Name in full
Res:deuce
Protess!on or business
Date •