The Sun.
London, England, 1863-11-07 00:00:00

PROSPECTUS.

This Company is established in order, as its name implies,
to carry on the trade of Merchant Bankers. Hitherto this
department of business has been almost exclusively in the
hands of private firms, but it is confidently believed that the
Joint-Stock principle may be most beneficially applied to it,
as well in the interests of commerce as to the advantage of
those who desire a safe and profitable investment.
The Merchant Banking Company of London, Limited, is
in consequence projected, having been carefully matured
under the auspices of merchants, and, having every facility
already available and in full operation, the Com,,any will at
once enter upon a business ascertained to be of highly re-
munerative nature, with all the advantages of local know-
ledge and experience of the respective foreign markets.
'The Company will avoid costly establishments abroad,
which absorb so large a
_portion of the profits of other bank-
ing establishments, and avail themselves of the agency of
mercantile houses already established.
The Company will grant negotiable orother credits, by and
upon their Foreign Agents, to importers of produce in this
country, on the continent of Europe, and in America.
They will make advances on the staple manufactures of this
country under documentary bills, or consigned to their Agents
abroad, for such periods as may be necessary to realise the
sale of such goods, and on terms favourable to the shippers.
'They will also undertake to execute orders for produce
through their Agents abroad, on terms highly advantageous
to importers.
The Company will further undertake the monetary agency
of Foreign and Colonial Governments, and other constituted
public bodies.
They will receive deposits at their Head Office in London,
at the current rates of interest, and grant loans, through
their Agents abroad, on approved securities.
The safety of the Merchant Banking Company of London,
Limited, as an investment will be understood from the na-
ture of the business proposed to be transacted, and the profits
likely to be made by the Company may be in some measure
estimated by the well-known success of several mercantile
banking establishments engaged in the same descrip Jon of
business.
No promotion-money will be paid in connexion with this
Company; the pre iminary expenses will be strictly confined
to actual disbursements.
The Articles of Association can be seen at the Offices of
the Solicitors.
A pplieations for Shares may he addressed, in the annexed
form, to the Directors ; and copies of the Prospectus may be
obtained at the Temporary Offices of the Company, or at the
Offices of the Brokers and Solicitors ; but no application will
be considered unless a deposit of £1 per share on the num-
ber of Shares applied for has been paid.

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

No.
To the Directors of the Merchant Banking Company of

London, Limited,

Gentlemen,—llaving paid to your Bankers the sum of
, being a deposit of £ per share on Shares in the
above Company, I hereby request that you will allot me that
number, and 1 agree to become a Member of the Company in
respect of such Shares, or in respect of any less number you
may allot me, anal to execute the Articles of Association
when required; and I request that my name may be placed
on the lt,gister of Members for the Shares so allotted.
Name in full
Residence
Profession or Business .
Date

TEM MERCHANT BANKING COMPANY
OF LONDON (Limited).

NOTICE IS HEREBY GIVEN, That the List of Appli-
cations for SHARES in this Company will be CLOSED to
applicants from London on MONDAY next, the 9th inst.,
and from the Country on TUESDAY, the 10th inst.
By order.

Temporary Offices,
27, Moorgate-street, London, E.C.,
November 4, 1863.

T" QUEEN INSURANCE COMPANY.
156, Leadenhall-street, London, E.C.
Queen Insurance-buildings, Liverpool.
Capital ONE MILLION STERLING.
At the Annual Meeting of the Proprietors, held at Liver-
pool, on the 21st October, 186 i, BERNARD HALL, Esq..
Chairman of the Company, in the Chair, the Directors'
Report for the year stated—
That the Fire Premiums for the year amounted to £70,300
being an increase over the precedinl. year of 22,580
That the Life Premium Receipts for the first three
years were ... 15,249
and for the past three years .
being an increase in the latter triennial period
over the former of
That the amount accumulated since last Meeting, as
a Fire Reserve Fund, was 23,427
and the amount added to Life Fund was 13,743
That during the past five years the Company had paid
for Claims
l'he Actuary reported that the Life Liabilities had been
valued on the soundest principles, viz., Net Premiums at 3
per cent. interest, and that the Bonus to participating Policy-
holders averaged as much as 46 per cent. per annum of the
Premiums paid, while in some instances it was as high as 65,
70, and even 75 per cent.
A dividend was declared to proprietors at the rate of 8 per
cent. per annum.
J. MONCRIEFF WILSON, Manager and Actuary.
JOHN E. LEYLAND, Secretary.

TEA.—MOORE BROTHERS respectfully inti-
mate that their New Prospectus is now ready. They
especially recommend their improved Family Tea, reduced
to 3s. 2d. ; Souchong, reduced to 3s. ed. ; mixed Assam, re-
duced to 3s. Bd. ; and the finest Assam, reduced from 4s. 4d.
to 3s. lid. per lb.
MOORE BROTHERS, 35, London-bridge, City, E.C.