16 JANUARY 1864, Page 3

The International Financial Society has performed the difficult feat of

striking out a new idea for a Joint Stock Association. This is a land securities company, intended to make advances on real estate, and every charge arising upon real estate, and issue on these securities " mortgage debentures at fixed rates of interest, payable half yearly, for shorter or longer terms." It is thought that the ease and speed with which money may be obtained from such a company will tempt private mortgagors, a hope which will depend in no slight measure upon the degree of secrecy ensured by the system.