The Sun.
London, England, 1861-12-07 00:00:00

NATIONAL CRIPDIT AND EXCHANGE
COMPANY (Limited).
Established pursuant to Act of Psrliament.
Capital, „C 590,000, in 100,000 Shares of .0 each, with power to
increase the same to £•2,000,000. Call, £1 per Share.
Deposit of ss, per share to be paid with the application. 15s.
per share payable on allotment. No future call to exceed
:...41 per share, of which One Month's Notice will be given.y
per: Cent, of the Nett Profits will be allotted to Share-
holders.
Intesest allowed on Deposit, and a Bonus equal to 20 per
TE Y.
Cent. of the Nett Profits to Depositors.
POT.ZAR
OFFICE S—')9, Poultry, Bank, London, E.C.
CHAIRAN.
Sir CHARLES TAYLOR, Bart 20, Kinr-street, St. James's,
London, and Forest Lodge, Liphook, Rants.

DIRECTORS.
Marks Frederick Ash, Esq , Messrs, Ash and Co., Iron
.3%lerchants, 20 and 21, Upper. Thames-street, London.
Richard Condy, Esq., Messrs. Condy Brothers, Merchants,
Manufacturers, and drysalters, Garlick-hill, Upper Thames-
street, London, manufactory, Battersea, Surrey.
11-)lliiim Poster, Esq., 16, Montague-square, London.
Gilbert (-fillies, Esq., merchant, King's-arms-yard, Loth-
bury, and Steward-street, Spitalstields.
Ang'us M`Kenzie, Esq., Australian merchant, Gresham House,
01.04 Broad-street, London, and Sydenham, Kent.
4.lviard Lawrence, Esq., of Messrs. E. Lawrence and Co.,
It:rist India merchants, Bank•chambers, Liverpool, and
Bombay, and member of the Town Council, Liverpool.
I.V. D. Ruck, Esq., of Messrs. Wm. Denny, Ruck, and Co.,
merchan t s, Duke-street, London-bridge.
Dig by Smith, Esq., of Messrs. W. D. Smith and Co.,
merchants and money brokers, 6, Exchange-buildings, Li-
verpool.
James ifamilton Wilson, Esq., of Messrs. C. and IL Wilson,
American merchants, 17-Ilion-street, Liverpool, and orre-
spondent of the Bank of Mobile.
Robert Obbard, Esq., Deputy ot the AUDITORS.
Ward of Farringdon, of
the firm of Messrs. Obbard and Ca., merchants. director of
the Amicable Assurance Society, 2, Crescent, Bridge-street,
and 240 and 241, Upper Thames-street, London.
Thome do Castro, Esq., merchant, Gractchurch-street, Lon-
don.,
'Joseph George Green, Esq., merchant, 33 and 207, Upper
Thames-street, London.
Georf:e Latham Brown, Esq., director of the Cape Town
Railway and Dock l'ompan, Gresh tm-house, Old Broad-
st rect. London.
Messrs. Rarmood Banner and Son, llarrington-chambers, 2-I,
North John-strict, Liverpool.
GENERAL MANAGER,
Alfred Burt, Esq.
SECRETARY.
George Stacy, Esq.
CHIEF CLERK AND ACCOUNTANT,
James Maurice, Esq.
SOLICITORS,
E. A. Marsden, Esq zo, Walbrook, E.C.
Edward Banner, Esq Blacklow House, Roby, and

North John-street, Liverpool.
SURVEYOR,
Chas, Davenport, E,q., of Messrs. Dickson and Davenport,
32, Bucklersbury, E.C.
BANKER 8,
Messrs. Masterman, Peters, and Co., Nicholas-lane,
Lombard-street, E.C., London.
Messrs. Barned and Co., Liverpool,
• The Clydesdale Banking Company, Glasgow, Edinburgh,
and Branches.
littoREIN,
. Fred. Everett, Esq., 18, Itr.,yal Exchange, London.
Le iVellin A. Crowley, Esq., 38, Thrugusorban-street,
Ltmdon.
Messrs. Taunton and Molyneux, Liverpool.
• 4 Samuel Fennyhough, Esq., 30, Cross-street, Manchester.
• • Messrs. MacaMutt Sidey, Princes-street, Edinburgh.
David E. Outram, Esq., 1, Royal Bank place, Glasgow.
This Company is established to supply merchants and the
trading community with facilities not yet afforded by Bankers
or any existing Association, to make advances on produce and
tiler, handise, and to receive upon the credit of a large sub-
scribed Capital, money ou Deposit at a fixed rate of interest,
and to lend the same, together with the paid Capital, on con-
Vertible mercantile securities.
Although Bills of Exchange are readily negotiated with-
out the deposit of any collateral security, there does not exist
any adequate means of obtaining advances on merchau disc or
Produce.
This 'Company proposes to supply this want by making
advances upon the security of Merchandise, Bills of Lading,
or Warrants representing Merchandise lying in the Docks,
Wharves, or Bonded Warehouses, or other marketable
securities.
It is well known that consignments of Merchandise of great
extent and value are made annually to London from all parts
Of the world, as well as from the Manufacturing Districts
throughout England ; and it is expected that Merchants and
Manufacturers will readi y avail themselves or the facilities,
now for the first time offered by any Public Company, for ob-
taining immediate advances on their property.
The aggregate amount of Trade of the United Kingdom in
extorts and imports, in 1860, exceeded £350,000,000 sterling,
and during the last 25 years the exports alone have increased
200 per cent.
The Company will afford every facility for sampling and
Inspection of Goods, to effect sales, to redeem any portion or
the whole at any moment.
It is well known that the large yearly increasing dividends
of the Banking Institutions are mainly produced by their
advances on mercantile securities.
the pri nciThe follp alowiLondon Joint Stock the
B panksrogress and condition of
:

Name of Paid Present Nett Profit per
!Dividend value Pr fit Share on
Bank. Shares. Declared. per per Capital
--_____... Share. Share. paid up.
,
14"(1011 and
Westminster £ £ 4
Loßankon Joint 20 20 per cf. 72 52 260 per ct.
nd
Stock Bank.. 10 25 per ct. 34 21 240 per ct.
Union Bank of
_ London .... 10 10 per ct. 28 18 120 per ct.
London and
County Bank 20 10 per ct. 39 19 95 per et.
City Bank . ... • 50 9 per ct. 75 25 50 per ct.
Ifink of London 50 5 per ct. GI 11 28 per (t.
The London Joint Stock Banks show an increase for the
last 10 years of 202 per cent., while it will be seen that the
shares bear a premium in Mallon to capital of 95 to 260 ner

The London Joint Stock Bank
last 10 years of 202 per cent., whi
shares bear a premium in Mallen
cent., and that the dividends rang
cent, per annum.
These facts show that if the London Joint Stock Banks
ander a restricted system have made such enormous profit 4,
this Association may, by the application of a large capital to
advances on produce and merchandise, %ot only be placed on
a firm basis, but be enabled under its extensive system of
operations to realise large profits, equal to those of any of
the Joint Stock Banks.
Applications for shares to be accompanied by a deposit of
per share on the number of shares applied for, as part
PaYft:ent of such shares, for which the Company's Bankers
Will give a receipt.
Prospectuses and forms of application for shares may be
+Obtained of Fredk. Everett, Esq., 18, Royal Exchange, Lon-
donl LoWelliu A. Cr0w1..v.., Esq., en, Th.r9,..rto.n-street...
tonclthl , Mesnrs •raunton, Moiyneux, and Co., Liverpool;
Samuel Fennyhough. Esq., 10, Cross-street, Manchester ;
aes.rs. Macallum and Sidey, Princes-street, Edinburgh;
David Ednid. Outram, Esq., Royal Bank-place, Glasgow ; the
Brokers of the Company, or at tee Offices of the C,mpany.

.s show an increase for the
He it will be seen that the
to capital of 95 to 200 per
from 15 percent. to 20 per