The Sun.
London, England, 1840-03-19 00:00:00

ROYAL BANK OF AUSTRALIA.
Capital, 1,000,100, in 20,100 Shares of 501. each.

Deposit 51. per Share.
DIRECTORS.
I Alexander Cockburn, Esq.
William P. Craufurd, Esq.
John Connell, Esq.
John Mitchell, Esq.

lienjamin Boyd, Esq.
Thomas Meux, Esq.
George Webster, Esq.
John W. Sutherland, Esq.

STANDING COUNSEL.
Peter Laurie, Esq.
S•LICITORS.
Messrs. Parken and Webster, 13, New Boswell Court.
Messrs. Johnston and Farquhar, 32, New Broad-street.
BANKERS.
Union Bank of London,
moor Union
Lothbury ; and Argyle-place, Regent-street.
Edinburgh—National Bank of Scotland.
Leith—Edinburgh and Leith Bank.
Glasgow—Wastern Bank of Scotland.
Greenock—Greenock Bank.
Aberdeen—Town and County Bank.
Arbroath—Arbroath Banking Company.
Dumfries—Southern Bank of Scotland.
Ayr—Ayrshire Banking Company.
Tho object of the Company is for the transaction of all
l'anking business at SYDNEY, LAUNCESTON, ADE-
LAIDE, PORT PHILIP, and such other places as the Di
rectors niay deem advisable • and it is intended to apply, as far
as Possible, the system which has proved so successful in Scot-
The extraordinary progress which the Australasian Colonies
'aye made within the last few years, the continued flow of emi-
gration tower& them, together with the high value of money
Mere, call for an increased number of establishments of this de-
scription, and the prosperous condition of the Banks already in
°Peration is a sufficient guarantee that under prudent manage-
raent this Investment must prove a most profitable and secure
one to the Shareholders, as high rates of interest are obtained
with perfect security in a country where, from well ascertained
data, Capital is improving at rates varying from 50 to 75 per
cent. per annum.

• -
The
following Extract from the Official Share List of February
4th, 1840, shows the present value of Stock in Two of the
Australasian Banks formed in London .
Original Share. Paid up Present Price
Bank of Australasia £40... £4O 0 £57 10
Ditto (new Shares) 40............ 10 0 l7 10
union Bank of Australial.
(established in 1838) f 25 l7 10 25 10
Nor can the prosperity of Banking operations connected with
those Colonies be better illustrated than by reference to the
e.atisfactory Report of the Directors of the Union Bank of
Australia, presented to the Proprietors at their General Meet-
_S!'g, on the 3d of February, and by the following extract from
Me Rev. Henry Carmichael's Pamphlet on New South Wales,
N!herein he observes—." There are at present in Sydney three
Joint Stock Banking Companies in operation, with a paid-up
capital of abut 80,0001. each ; which divide a profit ninually
of from 20 to 25 per cent. His Excellency Sir James Stirling
also, in his recent work on Western Australia, says, in allusion
to the Western Bank of Australia, " The second half-year left
clear profit over the eenditure of 14 and a half per cent.,
which, after setting aside 00 .fifth as an accumulating fund,
dividend
to an existing rule, enabled the Directors to declare a
'ivtdend of 11 and a half per cent. on the paid-up capital ;
at
e close of the year no dishonoured bill remaining on hand, nor
l'ad the Solicitor of the Bank to commence a single suit for the
recovery of a debt due to it."
f Tbo Directors have for some time been mak'ng arrangements
,'" immediately carrying into effect the objects of the Corn-
ireall,3'; and in order:. o advance the influence of the Bank in the
,s'.3l°"lies, they have reserved a portion of the shares for distri-
bution there.
As the principal part of the business must necessarily be ear-
ned on in the Colonies, it has been thought. inexpedient to
lave a numerous Board of Directors in London : it has there-
fore been determined that-the number. shall not at any time
exceed to i ; but to secure the prudent administration of the
affairs of the Bank, a complete system of superintendence is
no;v being organized by the Directors for the Establishments
in the Colonies.
Dim As.tattlicient capital has already been subscribed to enable the
ors to commence business immediately. They have
therafore resolved, in order to avoid the inconvenience which
has been found to arise in other undertakings from an unre-
stricted application of shares, and to induce only those to apply
who wilt to become berm fide proprietors, not to entertain any
applcation unless made in the printed forms provided by them
for that purpose, and accompanied by a payment of 21. upon
each share applied for, the Directors reserving to themselves,
at the time of appropriation, the right to reject or comply with
such 'application, either in whole or in part, the money to he
returned if the application be rejected, and to be placed to the
credit of the party in respect of the shares allotted to him
if accepted.
For the guidance of those who may wish to become proprie-
tors, it may be mentioned, that it is not in contemplation to
call up voore than 101. per share for the next twelve months.
The Directors have postponed filling up the London Board
to the full number of ten, in order to give them the opportunity
of selecting influential proprietors, whose assistance and co-
oPeration they may think it advisable to secure for the interests
of the concern ; power is reserved to them for that purpose,
Inad they are also authorized to complete all other arrangements
necessary for putting the Company into immediate operation.
Application for shares, in accordance pith the printed form,
to be made to Messrs. 80yd,4, New Ban:: Buildings, Lothbury,
London

T 0 BE SOLD, by PRIVATE CON-
TRACT, the SWANSEA LIBRARY, CALVERT-
STREET, SWANSEA, SOUTH WALES.
The above is an eligible opportunity for one or two females
°I business-like habits and courteous manners, possessing a
s'atall capital, to invest it in an old established business, of 17
year's standing. The Proprietor's only reason for giving it up
la, tiiat, in consequence of a recent family bereavement he is
retiring from business; the stock .consists of from 2,700 to
3,°00 volumes of books by the most approved Authors, an
!issortment of stationery, music, Berlin wools, Berlin patterns,
lc:gather with a _regular assortment of haberdashery. The
Ereinises may. be had for a term of years, if the purchaser wish
as it is the property of the Advertiser. Any person de-
sirous of treating for the same may obtain further information
;I application to Mr. John Summell, No 13, Ironmonger-
Cheapside, Londnn to Mr. W. Bryant, Swansea
Library, Swansea. If by letter, Prepaid'

FOR THE SKIN AND COMPLEXION.
O..WLAND'S KALYDOR.
„'4) prepare IN d from beautiful Exotics, and WARRANTED
ERFECTLY NOCENT.
REDNESS, and
eradicates 'I'A N, FRECKLES, PIMPLES, SPOTS,
and all CUTA NEOUS ERUPTIO • S ; gradually realizes
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,)MPLEXION into RADIANT WHITENESS-imparting a
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GENTLEMEN, whose faces are tender after Shaving, will find it
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It protect, the Face and Skin from the baneful efiects of Cold Winds
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Price 4s. flit and 9s. lid. per bot tle, duty included.
Onseavc—The Name and Address of the Proprietors.
A. ROWLAND and SON, 20, HATTON-GARDEN, LONDON,
are engraved on the Government Stamp pasted on the Cork ! also
printed in red on the Wrapper, in which each bottle is enclosed.
Ask for ROWLAND'S h A Ll'Dolt."•

Sold by them, lid by respectable Perfumers ar.d Mpdirirr Vender;