The Sun.
London, England, 1863-11-03 00:00:00

•
lir PERSONS•SEEKING LANDED
,„,4STATES, TOWN AND CoMs TRY RESIDENCES,
1,-!;-v-% HOLD AND LEASEHOLD INVESTMEN Ts, AND
a _LOPER VIES GENERALLY—
li_ 'fo BE HAD GRATIS, at the principal Railway Bookstalls
_roughout the kingdom, or at the Auction and Estate Offices,
;?.?.._6?, Chancery-lane, London, illessrs. E. and 11. Lumley's
of landed
PROPERTY REGISTER," containing a varied selection
I),telanded and house properties now in the market, from
to nobleman's mansion, with its manorial domain, to the
cottage with its few acres.
OWNERS OP PROPERTIES wishing to Sell or Let can
.em-
!.,sta'etethe opportunity that the medium of this Begisier
,tr teethe
by sending the particu!ars of their properties to the
trioffices, r. 7, Chancry-lane, London, as the Messrs.
p can in most cases introduce immediate customers,
ins'er the property is of an eligible chara ter, thereby 9.void-
the disaavantages of delay and its attenuant incon-
Venienes.
chrritat: is NO CHARGE incurred, unless a tenant or pur-
ase,r is introduced through Messrs. kid Lumley's Agency,
d then only the usual mode, ate commission.
Auction and Land Offices, 67, Chancery-lane, London.

THE ENGLISH nd SWEDISH BANK
(Limited).
Itlico.arporated under the Companies Acts, 1862, by which the
bil ty of tihareholders is limited to the amount of their
.?aarcs. Capita;, L 2000,000, in 40,00 i Shares of £5O each.
"til power to increase.
It is
Proposed to call up £25 per share.
Sub Erst issue, 20,000 shares, of which one-half are already
crit)ed.
Deposit, £1 per share on arplication, and £2 on allotment,
Eton4 further of £2 per share within two months
ahotment. No call to exceed £5 per share, and at an
Orval of not less than three month's between each call.

DIRECTORS IN LONDON.
Leopold Brusewitz, Esq., 36, Old Broad-street.
"ohn Alers Hankey, Esq. (Messrs. Hankey and ('o.)
Samuel H. Hinde, Esq. (Messrs. llinde and Gladstone).
J. 11. Johnson, Esq. (Messrs. John Johnson and Son).
Edward Johnston, Esq. (111,ssrs. E. Johnston, Son, and Co.)
Adam Kennard, Esq. (Consolidated Bank).
Wiliiam Tottie, Esq. Sweds.sit and 'Norwegian Vice-Consul
(Messrs. Charles Tatie P.nd Sons).
Christopher Wegulin, Esq. (Messrs. J. Thomson, T. Bonar,
and Co.)

BANKERS.
The Bs.nk of England.
The Conolidated Bank, Lombard-street.
SOLICITORS.
Messrs. Dawes and Sons, 9, Angel-court, Throgmorton-street.
BROKERS.
Means. Laurence, Son, and Pearce, Bartholomew-lane.
SECRETARY (PRO TEM.)
James Fraser, Esq.
Temporary Offices-1, ',iopthall Chambers, Throgmorton-
stieet, E.C.

PROSPECTUS
The object of this Bank is to supply. the great requirement
of additional Banking accommodation in Sweden, and to
aff ,rd a medium for the already important and constantly
increasing financial transactions between that country and
England, as well as for the large Banking operations which
the trade of Sweden with the East and West Indies, America,
and the Brazils centres in London.
The trade and industry of Sweden have made rapid pro-
gress during the last thirty years, but more particularly dur-
ing the last ten years. The value of imports and exports,
Which amounted in 1852 only to £4,725,0u0, rose in 1881. to
£10,425,221, showing in increase in the nine years of about
126 per cent.
Englane., participated in thi, import and export in 1852
to the extent of £1,211,777, and in 1561 to the extent of
.C3,276,3r.Q.
The trade with the East and West Indies, Brazils, and
America amounted in 1852 to £836,833, against, in 1861,
#1,3149 f,54.
The amount of Bills of Exchange sold through Brokers on
the Exchange of Stockholm and Gothenburg, amounted in
1854 to—

anal in 1862 to £1,260,606 Banco ra 21,013,122 fr,3,752,871

£3,273,790 Banco m 44,688,511 fr. 15,458,434

Showing an in-
crease in the 10
years of . £2,004,184 Banco m 23,675,029 fr. 11,705,563
eormerly Sweden had to import large quantities of corn,
but improvements in the system of farming, and an extended
cultivation of land, leave now annually large quantities for
exportation. The total export of all kinds of grain in 1852
only amounted to 132,125 quarters, but rose in 1861 to 1,078,436
quarters, showing an increase in the nine years of about 915
per cent.
Great as this progress in all branches of the industry of
Sweden has been, the prospects for the future are still more
pr,,mising, for an extensive and judicious system of railways
in a 1 directions of the country Is gradually removing the
difficulties and reducing the cost of -transport, which have
hitherto proved great obstacles to the production of the bulky
articles forming t-e rtaples of Sweden, and the system of
free trade which the country has adopted cannot fail to assi,t
mate,ially in th,2 deveiopment of its great resources, and in
extending its commerce.
The banking facilities and circulation of the country have
In not kept puce with the pr gress of its trade.
n• 52 there were in Sweden a State bank, with
a paid-up capital of
And e`.glit Joint-Stock Banks, with an aggregate4l,o63,333
paid-up capital of

979
g*P.inst present capital of the State Bank £1,3;1,
£1,333,333 ADA k
of twenty-nine Joint Stock Banks now existing 666,6 )c,i

The total circulation of notes amounted at the end
2,00e,c00d of to The total circulation of notes amounted at the
end£2,800,061
of 186., to
These figu-es show that while the foreign trade,4 of the
country has increased by 126 per cent. in ten years, therehas
been an increase in ten years of banking capital only to the
extent of about 50 per cent., and in the circulating medium
of ri4 per cent.
The business of the State Bank and of all the Joint-Stock
Banks, with one exception, consists princ.pallv in granting
1, ans and credit against securities of different kinds and per-
sonal gua antees, and they-have done little to encourage de-
pos•ts or discounts of bills.
The Stockholii Enskilda Bank is the exception, This
Bank was established towards the end of 1856, with a paid-
up capital of about £56,000, and it deserves special mention
for its skilful management, which has particularly aimed at
encouraging deposits, and at discounting Inland Bills of
Exchange. The results of its operations have been very
successiul. At the end of 1862 it had a reserve fund of
£44,431, having paid dividends of 2 t per cent. for 180 as well
as for ts6t. Tire dr posits with this Bank amounted at the
end of 1862 is £552,750.
The profits of all the other Banks have been highly re-
munerative.
The old habits of people keeping their money under their
own care, and of making payments with cash, instead of
using, cheques, still very generally prevails, and owing to the
few channels for discount of Inland Bills, credit sales mostly
become only book debts instead of being represented by
buyers acceptances ; the result is. that while xnercant le re-
quirements are always costly and often nearly impossible to
procure at almost any rate, even upon the very best securi-
ties, so that Merchants have frequently no other alternative
left for the supply of their requirements than the use of ex-
pensive foreign credits.
Ali circumstances warrant the conviction that Sweden
offers an extensive and very profitable field of operations
for a New Bank, and at the same time that such a Bank must
confer great benefits on the trade and commerce of the
country.
This conviction has led to the establishment of the English
and Swedish Bank.
The head establishment of this Bank will be in London,
with branches at Stockholm, Gothenburg, and such other
places in Sweden and Norway as may be found de, irable by
the Directors; and with Agencies at Paris, Hamburg, Am-
sterdam, and other placs abroad.
All bt meshes are to be under the control of the heal estab-
lishment in England, superintended by a local Board. Ma-
nagers having experience of English Banking wid be rp-
pointed, in order to introduce the advantages of that system
into Sweden.
The business of the Bank will include:--
The opening of current accounts.
The receipt of moneys on deposit at interest.
The purchase and sale of British and foreign securities.
The granting and negotiation of loans.
The purchase and sale of bills of exchange.
The discount of bills of exchange.
The granting- of letters of credit and circular notes.
The purchase and sale of bullion, and generally the tran-
saction of all business relating to banking and finance.
Copies of the Memorandum and articles of Association lie
for inspection at the Office of the Solicitors, Messrs. Dawes
and Sons, and at the Temporary Offices of the Company.
Application for shares must be made in the annexed form,
accompanied by a deposit of £ t per Share.
Probpectuses and forms of application for Shares may be
obtained at the Temporary Offices of the Bank ; and the
Lone ,on Financial Association (LimitecP, 1, Threadneedle-
stm.-tt ; and the Brokers', Messrs. Tottie and Arfwedson,
Stockholm. and William l'ohss and Co., Gothenburg, will
ale o receive applications and deposits for Shares for traria-
nfission to England.

This Form must be delivered entire to the Bankers of the
Company, and, alter payment, of Deposit, the application to
be retained by them.
NaFORM OF APPLICATION FOR SHARES.
--
To the Directors of the English and Swedish Bank (Limited).
Gentlemen,—Having paid to your Bankers, Messrs.
the sum of £ , being a deposit of £1 per Share on
Shares in the above Company, I hereby request
that you will al'ot me that number; and I agree to accept
such Shares or any smaller number that may be allotted to
quired, and to my
me ; and to, execute the Articles of Association when re-
Sharehold name being placed on the Register of
era for the Shares so allotted.
Name in full
Residence
Profession or Business
Date 0.411.0
* Where the year 1861 is referred to instead of 1862, the
returns for the latter Year have not been obtainable.

ENGLISH AND SWEDISH BANK (Limited).
NOTICE
List of Applica tio IS
nHEREBY GIVEN, That the English
HARE will be CLOSED on
WEDNESDAY, the 4th inst., at Noon.

By order.

JAMES FRASER, Secretary pro tem.

November 2, 1863.

A. GREAT DRAWING OF PRIZES
WILL TAKE PLACE AT
ST. JOSEPH'S RETREAT, HIGHGATE, LONDON, N.,
On THURSDAY, the 261 h of NOVEMBER, 1863, to aid in
liquidating the Debt still remaining on the New Church and
Organ ; and to assist in establishing the English Mission of
Bt. Nicholas in Paris, now under the charge of the Passionist
Fathers.
The prizes of the first catalogue consist principally of
t:dects of art and atter precious articles, presented by His
distinction
several Cakdinals, Princes, and other persons of
ustinction in Rome.
TICKETS ONE SHILLING EACH.
at? e amount realised will be disposed of as follows :—That
sep from the sale of tickets in England will be applied to
isTrePh's, and, that from the sale of tickets in France to
,4[ Nicholas', in. Paris.
DRAW ING OF PRIZES WILL BE ON THE
An, PRINCIPLE OF THE ART UNION.
eutlt42lle Ir.trchasing or aiding in selling 25 tickets will be
aseph to a, large Engraving, either of the Death of St,
orwocter of Blessed Paul of thee Cross, which will be
bY post upon receipt of 4 o
"L• Jnaer2,es as well as tickets may be had on application at
Retreat, Highgate, and at 39, Rue de Berri, Paris.

111)YAL FREE HOSPITAL, Gray's-inn-road.
Iry .11
erill the immediate vicinity of the Great Northern Rail-
iaus, at nities-or°BB*

Patron—The QUEEN.
President—The Duke of BUCCLEUCH, LG.
Treasurer—Edward Masterman, Esq.
This was the first hospital to introduce the principle of free
and instant admission to the destitute sick, without the for-
mality of governors' letters. It is entirely devoted to desti-
tution in its most pitiable form—viz., that which is accom-
pcnied by sickness and disease, and is now of sufficient
magnitude that, with adequate support, it may be rendered
capable of admitting into its wards a very large proportion of
the casual sick of this great metropolis. It requires but the
funds in order to have beds available for the reeeption of
these the most wretched of our fellow-creatures. Moreover,
it gratuitously re
tch d advice and medicine to more,
on the average, than 3,000 ontpatients a week.
The Weekly Board feel it their imperative duty to make an
EARNEST APPEAL to the public for continued support,
to enable them to admit and relieve the distressing cases that
daily present themselves.
be
yMessrs Treasurer
tEdwardsanand
Contributioctissq.,ariehroras!laned
e;byalsteh
Drummond and Co. ; }ferries and Co. ;Ra d
CM:. a; Berman,
nsom an
Co. Prescott, Grote, and Co.; Smith, Payne, and CO.;Glyn
u ,
and Co. ; Jones Loyd and Co. ; Barclay and Co. ; D'enison W
Co.
Deacon, andOverend, Gurney, and
Messrs. J. Barned and Co., Liverpool
and Co. ;
Co. ; Nisbet and OL ;
and at the Hoapita sT A
Ic.oRD .
...._____
Beer
tax
....,..4: • q. SMITH _ e If