The Sun.
London, England, 1840-07-13 00:00:00

" A List of the Proprietors has been printed and circulated,
and the Directors refer to it with pride and satisfaction, as
111"riug the firm basis upon which the credit of this establish-
ment has been reared.
~" It is gratifying to the Directors to be enabled to declare a
dividend of five per cent. on the paid-up capital, out of the net
profits of the business to the 30th of June, after making a full
allowance for bad and doubtful debts, liquidating a portion of
the
preliminary expenses (which, in justice to the present Pro-
Prietors, must be provided for gradually), and setting apart the
plof 2,000/., being nearly one per cent. on the paid-up ca.
as the foundation of a surplus or guarantee fund, the
etkablishment of which, to an adequate amount, invested and
accumulating separately in Government Securities, in the names
of the Trustees, the Directors consider to be a matter of great
portance to the future interests of the Bank.

Titeatteniionoithel'rop;ieto-s is particularly directed to
that part of the balance sheet, showing the amount of interest
Paid on current and deposit accounts to be 7,373/. 12s. Bcl., by
l'"eit it will be seen that, in addition to the greater security
afforded by the sound principle of joint-stock banking, the cus-
tomers obtain so manifest an advantage by a return of interest
°a their general balances, which would otherwise have been
Wholly unproductive.
The extreme pressure on the Money Market at the close
,fli last year rendered the greatest circumspection indispensable
4 the management of the Bank. The Directors, notwitstand-
tig, refer to the account appended to this Report, to show the
roprietors that in preferring a safe and cautious course to the
Precarious profit which might have attended a less prudent line
°I conduct, they have been actuated by a strict regard to the
tirnate interests of the Company
" The Directors, for the convenience of business, have opened
account with the Bank of Enclsnd ; and it is due to the
Directors of that great establishment, to state that this accom-
!4,odation was granted in the most prompt and obliging manner.
The Directors have also the satisfaction of stating that the
;ost friendly feelings exist between this and the other Joint
t"ok Banks established in the metropolis.
r " Nothing has as yet been done by the legislature with refe-
rice to the unjust prohibition which prevents Joint Stock
'enks in London from accepting bills at less than six months'
..4"; but from the principle of removing a similar limitation,
reapers Ireland, having been a'.'mitted in the bill brought in
03;e the Government last session, and the growing opinion in
Stack mind that this and other restrictions upon Joint
Banks are injurious to the public inte.ests. the Directors
that when the interesting inquiry now going on before a select
art mittee of the House of Commons on the subject of banking
11 be completed, the whole matter will be placed on a sound
and reasonable footing.
ter:A Branch Bank at the west end of the town was opened at
PararY offices in Argyll-place, Regent-street, and the Di-
-ectors
cha • considering the situation to be very eligible, have pur-
sed the valuable freeholdof the premises, and erected thereon
ile24firoodious banking-house, which will be shortly completed.
ti_ a success of this establishment has fully realised the expecta-
u'ls of the Directors..
p: The Directors refer with the greatest pleasure to the ap-
ovlitment of Mr. W. W. Scrimgeour as the General Manager ;
we", .t is but justice; to that gentleman to say, that his un-
fetl zeal and assiduity, his peculiar and extensive knowledge
rs)iit and banking in general, much of the success of this
ma;4 ony is to be attributed. They have also great satisfaction
Cla4ressitig their entire approbaion of the conduct of Mr.
the Manager of the Regent.t street Branch.
In conclusion, the Directors would urge upon the Proprietors
0_ consider how much of the success of the Company depends
tobuir active co-operation, not merely by keeping their own
accounts
r.„„lin
ets with the Bank (which is almost too obvious a duty to
iernar;) but by extending. the connexions of the estr-
dent ent by every means in their power. I must be evi-
the that With so large and influential a bodyt of proprietors,
I%l:laments of prosperity are within their own control. Th
e of their shares depends mainly en themselves, and the Dieclors look with confidence to increased exertions and assist-
ioutetrefsrom the Proprietors for the promotion of their mutual
THEt*
br UNION BANK OF LONDON, 30th June, 1840.
• LIABILITIES. ASSETS. Cr.
cl-up Capital, Cash in the
°n per Share Bank, in the
42 005 i Bank of Eng-
Sh '
b ayes ...... 1,210,025 0 0 land, Loans,
%ell the Bank Exchequer
°ll current ac- i Bills andilills
.e°°',ts de- I discounted £579,919 1 8
Posit receipts Bank Premises
(teir4eesituding and Prelimi-
nary Expenses 24,379 15 3
creed), and
f bills at 6
Izonths' date 377,755 2 5

Surplus 587,780 2 5
Profit 16,518 14 6 .
---
~ £604,298 16 11 £604,293 16 11
Div. 4''PPROPRIATION OF THE SURPLUS.
r!dend on paid-uP Profit, as above,
‘-opital,s percent after deducting
eri 210,025/. ..£lO 501 5 0 all expenses paid
'` 4Patt as a. re- ' or due, and in-
served or guaran- terest (7,3731.
tin Fund .. ... 0;000 0 0 12s. 83) allowed
undivided Pto.fi.t— to customers on
%tied to Profit
11,11.055 Account
for rebate of in-
tetest on bills not
Jo.t due, had debts, their deposits
and current ac-
cour.ts £16,518 14 6
sad proportio of
Prulirni nary nel-
14uses ............ 4,017 9 6
II

t 16,51.8 14 6' £16,51,5 14 6
as 'moved by 1). A. MAITLAND, Esq., seconded by A.
ROBERTSON, Esq., and resolved unanimously,
eiN'Zit the
Report be received, approved of, and printed for
k4lation amongst the Prorrietors.
t‘ti by H. RYA MS, Esq, seconded by R. Luck, Esq.. and
resolved unanimously,
teeTt_ll.,t the best thanks of the Proprietor! be given to the Di-
Ileet°l; for the Very able manner in which they have COD-
tiOu the affairs of the Company, and for their great atten-
ko to the interests of the shareholders.te(lll WaLli3l. JAMES MAXWELL, Esq. ; seconded by
, ' '
That 8. CURIE, Esq., and carried unanithously :
kirjr: the thanks of the Proprietors be given to Mr. W. W.
evieeple,ttr, the General Manager, for the zeal and talent
kov--z.;',°T him in the superintendence of the business.
e-
PILETTY, Esq , seconded by R. 0. ALAND,
tiNtEsq., and carried unanimously,
-.ck fth best thanks of the Proprietors be given to Mr.
the the attention and courtesy shown by him as Manager
westend Branch.
Res P. LAURIE, Chairman.
Ored unanimousl •—That the and of the meeting be
t° Sir P Laurielfor his able courteous conduct in
Chair.

Extracted A. SPOTTISWOODE, Deputy-Governor.
froA m the minutes.
WALTER LAURIE, Secretary.

,17,,,,1R1V1ARY for the CURE of sTRic-
-REs of the URETHRA, SYPHILIS, GOTN,OR-
TIV—'pA, GLEETS, and all DISEASES of the GEN ERA-
-110'" a.nol URINARY ORGANS.
totic twitlistanding the above Institution is closed, Patients may
kton4me to receive the GRATUITOUS ADVICE of the Sur-
AV, (Mr. Courtenay Great Marlborough-street,) by ap-
Vg at bia ovvn hou'se instead of the Charity.
44,1 ri.4'r, of Attendance, from Eight t• Ten in M•rnings,
Aior::(3 -Seven to Nine in the Evenings. On Sundays in the
not in the Evening.

PUBLIC NOTIFICATION.
14, ESSRS. SLOAN and CO., Members of
vthe Ileyal College of Surgeons, 4, ARGYLL-PLACE,
LIE,),TREET,- and 28, IRONMONGER-LANE,
'morn- a '-'IDR, may be consulted from Eight o'Clock in the
3.1,11g.'g until Ten at Night, on every variety and stage of
l'erved 4, with that delicacy and secresy they have bitherto.ob-
to • The treatment they pursue will not subject any patient
tre,,„"_4finement or hindrance from business. Cases of an ex-
teee n.ature they eradicate in eight or ten days, or if slight or
tt,ry'ut two or three, without the indiscriminate use of rner-
Pot,l, Ind at a moderate expense. Generative debility,
eAt-;flicea, and Strictures of the Urethra, nuhappily so preva-
kar4re reatrd upon those unerring principles which have
ll:Zt4 Messrs. Sloan and Co. sots rge a share of public pa-
.le fer nearly thiry
t years in London, and which it will be
I. :lore exertion to maintain.
4rtli e:r.s, containing an enclosure, will be answered by return
hie,v"t;ents, however distant, will be corresponded with unt;

rg
vUIIE EFFECTED, OR THE MONEY CHARGED
LSSRS. CO OR7UERRNEDa.nd CO., Members
f tho Royal College of Surgeons, No. 10, Bouverie-
iLarniW uent!treet, be consulted from Eight o'Clock in the
i"!lorrhee. til Ten at Night, en every stage and symptom of Syphilis,
srure..;Teets, Secondary Symptoms, Seminal Weakness, mut
Urethra, &c. The treatment they adopt is the re-
tt4,' triNt inoa 4ht Ye years' extensive and successful practice in London.
and crate cases of Syphilis eradicated in eight el. nine
I,lll}:nse, u'n7.12.11 a -slight nature in two or three, at a moderate
, ture,o,4, Dy the danger.ntsly ineltscriminste use of mercury.
th"tters eil/4 Wit out confinement or hindrance frees business.
tePver,,, 1,0" Paid) enclosing a remittance for medicines will be
‹0z...,_1_
ea return: and Country Patients corresponded with until

DEBILITY, NERVOUS IRRITATION, &c.
A, t
EDICAL ADMONITORS.—The follow-
-14 tht,„, , ing Works are intended to instruct those interested
- 'uviectsonToints of importance to health or ease of mind :
Illt 'NJ, (fwent • thi d Edition, ss. each)
nitr: - '.A. itGI OF 11-FEraflbrds a comprehensive physiological
lietalirY oft. e progress of the solitary passion, libertinism, and intern-
tostreaeti exhibiting their rueful consequences, tending to sexual
-"tallith:3n.. With the various forms of nervous irritation and mental
Pll4ll, Ir,GEIAA • vv "it f r the snsitive female, who, while
'"lts n''s abashed; ,itstherlideean of revealing her sufferings, may find
'lato,Vg i, confide:dial and capable adviser. It is especial!y
Borstcal-
ilwitr imid and delicat e wives, whose maternal hopes have been
. Sil. I:ii,
1-4 stioin. SYPHILIST is intended for ilia perusal of those who
Ptlis,, S ne from an insitliouscomplaint, so frequently resulting from
ntri...4.ion or gaiety, and producing syphilis, gonorrhcea, gleet, stric-

true" books TESTIMONIALS.
ths t, oks can be safely recommended, as well for the moral
'4lthne:'eY contain for the extensive and successful result of the
,bn:" experience-London Morning Journal
liree with the Editor of the London Morning Journal, and re.
wtekivi'd. Mr. Goss's publications for general perusal. —Edinburgh
aper.
14:1;ii)trgectlet;t, contained in this work arc interesting and useful.—
aper
o ou whit.it neither spares the aged voluptuary nor
"I
lasito , Prodigal, offers to both the most important advantages.
...:7111a1
nti!`
<g we
is properly called an analysis of some female
it is written in a very peculiar style of moral admonition.
1).11 htle
_o:ortung Journal.
nti„7
with ay, passed through twenty-two editions ; they corn-
"itthlin 'm siinplicity and we recommend them accordingly.
eekty ~„„ ,
e rim
and untY be had of Sheerwood and Co., Paternoster.row, Lon.
Iter °, all Vook
tk Go'ss ellsre.— Price ss. each.
h A1R.... Surgeons, may be consulted, every dtary,
-nuse • and Patients in the remotest parts of the coun y, end treate'd
irencio,„ successfully on their describing minutely the case,
ivarded.t.! a remittance for Advice and Medicine, which can be
uY part of the world. No ditficu I can occur, as the
Tatift gecurely packcd, pre' acted ft Qui ob
kane.a'ler Place, Strand, London.