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

PERSONS SEEKING LANDED
ESTATES TOWN AND Cot; s:TEY REbIDENCES,
,!` NEI-1 OL D AND LEASEHOLD INVESTMENTS. AND
tkOriqt riEs NERALLV—
T
o BE HID GRATIS, at the pr•ncioal Railway Eookstalls
yli;oughout the kingdum, or at the Auction and Estate offices,
0 67, Chancerv-lane, London, Messrs, N. and H. Lumley's
EF; PROPERTY REGISTER," containing, a varied selection
; etanded and house properties now in the market, from
_a,..nobleman's mansion, with its manorial domain, to the
Cott age with its few acres.
UIVNERS OP PROPERTIES wishing to Sell or Let canem-
7,ee the opportunity that the medium of this Resister°MB, by sending the particu!ars of' their properties to the
istate Offices, b 7, Chancery-lane, London, as the Messrs.
villni ereleY can in most cases introduce immediate customers,
l
, the property is of n chara ter, thereby avoid-
the
disaavantag y
n es of dela and its attenaantincon-
veniences,LltEßE is NO CHARGE incurred, unless a tenant or pur-
chaser is introduced through Messrs. Lumley's Agency,
and then only the usual moderate commission.
Auction and Land Offices, 67, Chancery-lane, London.

T" ENGLISH and SWEDISH BANK
(Limited).
Incorporated tinder the Companies Acts, 1862, by which the
Liabil ty of Shareholders is limited to the amount of their
Capita, £2,000,000, in 10,00 J hhares of 4.50 each.
With power to increase.
It is proposed to call up £2l per share.
First issue, 20,000 shares, of which one-hall are already
subscribed.
Deposit, £1 per share on application, and £2 on allotment,
and a further sum of £2 per share within two months
from allotment. No call to exceed .£5 per share, and at an
interval of not less than three months between each call.

---
DIRECTORS IN LONDON,
Leopold Bruscwitz, Esq., 36, Old Broad-street.
John Alers Hankey, Esq. (Messrs. Hankey and Co)
Samuel H. Hinde, Esq. (Messrs. Hinde and Gladstone).
J. It. Johnson, Esq. (Messrs. John Johnson and Son).
Edward Johnston, Esq. (Messrs. E. Johnston, Son, and Co.)
Main Kennard, Esq. (Consolidated Bank).
William 'rottie, Esq., Swedish and Norwegian Vice-Consul
(Messrs. Charles '1 ottie and Sons).
Chrisndtoph 2r Wez,ulin, Esq. (Messrs. J. Thomson, T. Bonar,
a Co.)

The Bank of England.
The Conwlidated Bank, Lombard-street.
SOLICITORS.
Messrs. Dawes and Sons, 0
,xngel-eoart, Throgmorton-street.
EsItOICERS.
Messrs. Laurence, Son, and Pearce, Bartholomew-lane.
SECRETARY (PRO TEat.)
James Fraser, Esq.
Temporary
OfUees-1, Copthall Chambers, Thrograort°n-
stl eet, E.C.

PROSPECTUS. The object of this Bank is to supply the great requirement
of ardditional Banking accommodation in Sweden, and to
d a medium for the already important and constantly
!uncreasing financial transactions between that country and
czland, as well as for the lame mitking operation. which
the trade ot Sweden with Iht East awl West Indies. Aum....11,
and the Brazils centres in London. The trade and industry of Sweden have made rapid pro-
gress during the last thirty years, but more particular y dur-
ing the last ten years. The value ot imports and exports,
which amounted in 1852 only to £4,725,0,,0, rose in 1861. to
£10,425 221 showing in increase in the nine years of about
126 percent.
...England participated in thi4 import and export in 1852
the extent of £1,214,777 and in 1861 to the extent of
X 3,276,332. ,
The trade with the East and West Indies, Brazils, and
America amounted in 1852 to £
41,319,f5,1.
the against, in 1861,
The amount of Bills of Exchange sold through Brokers on
kh tiothenburg amounted in
"hange of Stoc o m and
185! 13
to
and in 1862 to

£1,269,606 Banco m 21,013,422 fr,3,7,32,871

£3,273,790 Banco m 41,6t.18,511 fr. 15,458,434

"w
crease in the 10
Years of £2,004,184 Banco m 23,675,029 fr. 11,705,513
I),,':°"nerlY Sweden had to import large quantities of corn,
Improvements in the system of farming, and an extended
eidtivatien of land, leave now annually large quantities for
°--Vuortation. The total export of all kinds of grain in :852
°InY amounted to 132,125 quarters, but rose in 1861 to ~078,436
quarters showing an increase in the nice years of about 915
Per cent'
pGreat as this progress in all branches of the industry of
,Weden has been, the prospects for the future are still more
,L,Tre •
i„ sing, tor an extensive and judicious system of railways
0",,a, 1 directions of the country is gradually removing the
haml,ties and reducing the coat of transport, which have
art. er ',roved great obstacles to the production oi the bulky
,_C 'cies forming t •e ,taples of Sweden, and the cyst m of
trade. which the country has adopted cannot fait to asai-t
:121te' tally in th:‘, development of its great resources, und in
•-..lnending its commerce.
Ile banking facilities and circulation of the country have
i„u4. kept pace with the pr gress of its trade.
'ts2 there were in Sweden a State Bank, with
4,,,Pal eight
capital of £ 1,063,333
Joint Stock Banks, with an aggregate
vaid-up capital of

£1,311.979
nd gainst present.capital of the State Bank.... .... L1,333,333k
of' t wenty-nine Joint Stock Banks now existing 666,6361

£2
The total circulation of notes amounted at the end ,000,000
of t
L 9
The total °
circulation of notes amounted at the ea d ,800,061
ht 186'!, to • ... 3,40,106
colleen figures show that while the foreign trade of the
, unary has increased by 126 per cent. in ten years, therehas
epeon an increase in ten years of banking capital only to the
of
xtent of about 50 per cent., and in the circulating medium
24 per cent.
The business of the State Bank and of all the Joint-Stock
Banks, with one exception, consists principally in granting
loans and credit against securities of different kinds and per-
sonal guarantees, and they have done little to encourage de-
poslts or discounts of bills.
The Stockhan Enskilda Bank is the" exception, Thi Bank was established towards the end of 1856, wii h a paid-
up capital of about £36,000, and it deserves special mention
Inc 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
successful. At the end of 1862 it had a reserve fund of
£14,431, having paid dividends of 29 per cent. for 1862 as well
as for 1861. The deposits with this Bank amounted at the
end of 1862 to £552,780.
The profits of all the other Banks have been highly re-
numerative.
The old habits of people keeping their money under their
°A n 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 merosnt 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.
All circumstances warrant the conviction that Sweden
offers an extensive and very profitable field of operations
lot a New Bank, and at the same time that sucha 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 drable by
the Directors; and with Agencies at Paris, .H.amburg, Am-
sterdam, and other plac -s abroad.
All b anches 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 wig be ap-
pointed, in order to introduce the advantages of that system
into Bvve
The business of the Bank will include r--
The opening of current accounts.
The r. cexpt of moneys en 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.
"iTies of the Memorandum and artic.es of Association lie
for inspection at the Office of the Solicitor s, essr s. Dawes
and Sons, and at the Temporary Offices of the Company.
accompanied)ro by a deposit ,f ,
Application for Shan s must b., made in the anneaed form,
43L.
naviepude
eai per Share.
bt • and forms
Oatuppeeli,,caotifonthfeorßSahnakre, s may be
street ; and thee‘B • and the
Stockholm. and W Association (Limited), I, Ihreadneedle-
also receive applications and deposits for Shares for 'trans-

This Form must be delivered entire to the Bankers of the
be retain an d
by'
them, er payment. of Deposit, the application to
No. FORM 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 Der Share on
Shares in the above Company, I hereby request
that you will al;ot me that number ; and I agree to accept
sme uch Shares, or any smaller number that may be allotted to
; and to execute the Articles of Association when re-
quired, and to my name being placed on the Register of
Shareholders for the Shares so allotted.
Name in full
Residence .
Profession or Business
Date

* ''here the year 1861 is referred to instead of 1862. the
returns for the latter year have not been obtainabie.

ENGLISH AND SWEDISH BANK (Limited).
NOTICE IS HEREBY GIVEN, That the English
List of Applications for SHARES will be CLOSED on
WEDNESDAY, the 4th inst., at Noon.

By order.
JAMES FRASER, Secretary pro tern.

November 2, 1E63.

A. GREAT DRAWING OF PRIZES
WILL TAKE PLACE AT
Si. JOSEPH'S RETREAT, HIGHGATE, LONDON, N.,
011 THURSDAY, the 261 h of NOVEMBER, 1863, to aid in
liquid
_ating the Debt still remaining on the New Church and
i'6,4.; and to assist in establishin the English Mission of
• '4lionolas in Paris, now under theg charge of the Passionist
athers.
aTile prizes of the first catalogue consist principally of
nJects of art and other precious articles, presented by His
di°tinctioli"BB, sever
Ral Cardinals, Princes, and other persons of
-n in ome.
TICKETS NG .
ar'r: he amount realised wiONIIE be disSHlLLlposed of as followsEACH :—That
gfrom the sale of tickets in England will be applied to
h -oseph's, and tlit from the sale of tickets in France to
TbAicholas', in Paris.
E DRAWING OF PRIZES WILL BE ON THE
PRINCIPLE OF THE ART UNION.
eft b
Y one purchasing or aiding in selling 25 tickets will be
404 tied to a large Engraving, either of the Death of St.
104,01, or of Blf seed l'aul of the Croa., which will be
Starded by post upon receipt of 4 postage stamps.
li.
j,sBeph's Retreat,
t4logues as well as tickets may be had on application at
Highgate, and at 39, Rue de Berri, Paris.
"

ROYAL FREE HOSPITAL, Gray's-inn-road,
Way , in
rminus the immediate
Ring' vicinity of the Great Northern Rail-
-te, at
Patron—The QUEEN.
President—The Duke of BuccLEucrr, K.G.
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-
pinion i
t for-
mality of trovernors' letrers. It is entirely devoted to destl-
called n its most pitiable form—viz., that which is accom-
bY sickness and disease, and is now of sufficient
in, atmitude that, with adequate support, it may be rendered
%.),ach,leoi admitting, into its wards a very large proportion of
fundV!ual sick of this great metropolis. It requires but the
these the rder to have 500 heds available for the reception of
,-, att ously
it „. most wretched of our fellow-creatures. Moreover,
on the _ . erage, -medical advice and medicine to more,
affords
The IV' than 3,0i30 out-patients a week.
EARNI, e„,eklY Board feel it their imperative duty to make all
tO 0 —Si' APPEAL to the public for continued support,
daily -aable them to sdmit and relieve the distressing eases that
Present themselves.
C •
outributi •
Aitt. (, ons are received by the Treasurer, Edward
Co.. Drina% Esq., Nicholas-lane; also by Messrs. Coutts and
,_, , rurnmond and Co. ; Ferries and Cu. ; Ransom and
Co. ; Prescott, Grote, and Co.; Smith, Payne, and Co. ; Glyn
~a 321 Co. ' dories Loyd and Co. ; Barclay and Co. ; Denison
9,0 d Co. ; NI, Marna, Deacon, and Co.; Overend, Gurney, and
Co ; Nisbet and Co. ; Messrs. J. flamed and Co., Liverpool
and at the HospitaL
STANFORD S. SMITH Secretary