The Northern Daily Times.
Liverpool, Merseyside, England, 1856-05-31 00:00:00

LONDON GAZETTE

BANKRUPTS.—JAMES WALKER HINNES, and not
JAMES WALKER MIRONES, as fOrmerly advertised, Tonbridge
Wells, watchmaker and jeweller. WM. Dopros, Wenlock-
road, City•road, and Leadenball-street, engineer and iron-
founder. B. RIDGE, Putney, Surrey, apothecary. ALFRED
QUILTER, Ma!don, Essex, grocer and tea dealer. THOMAS
CRAVEN, Birmingham, builder and contractor. F. GEORGE
BEALE, Glouster, bill broker and money scrivener. GEORGE
ROWLAND, Eri,h, Kent, brewer. A. BUCHANAN, Plymouth,
baker. CATHERINE SOLOMON, Bristol, outfitter and woollen
draper. GEORGE WINN, Bottesford, Leicestershire, builder
and contractor. GEORGE BINNS and GODFREY BINNS,
Harthead Moor, Yorkshire, cloth manufacturers. WILLIAM
HILL, Cleohury, Salop, timber merchant. RICHARD PARRY
JONES, W►tchurch, Shropshire, scrivener. GEORGE TINDALL,
and BANSON GEORGE WILKINSON, Great St. Helens, ship
and insurance brokers. J. SEDDON, marble mason, sculptor,
and warehouse keeper, Liverpool.

The recent measure proposed in the French
Legislative Body, relative to the formation of an
Industrial Company, under the sanction of the
government, for the purpose of draining the lands
throughout the country, is to be examined by a
committee appointed by the Chamber. This mea-
sure has met with much opposition, and many
amendments have been presented to the Council of
State to modify its conditions, especially that
which relates to the concession of a sum of money
by the State.
Accounts from Paris state that the new French
Societe en conzmandite, so much spoken of lately
as intended to rival the well-known Credit
Mobilier Society, and projected by M. Calley
Saint Paul, has been d( finitively constituted by an
act signed according to the statutes therein pro-
vided under the commercial code ; and the follow-
ing gentlemen named forits direction :—M. Calley,
M. Edmond Odier, Roman and Co , M. Alfred
Leroux, banker, and Prince Mare de Beauvau,
chairman of the Saint Rambert and Grenoble
Railway. This society has been obliged to con-
form to the regulations of a Societe en commandite,
instead of a joint stock company, in consequence
of the recent edict prohibiting the founding of any
new institution of the kind for some time to come.

The Trust and Loan Company of Upper Canada
this day held their meeting, and the proposed
dividend at 7-1- per cent. per annum, out of the
balance standing to the credit of revenue, viz ,
9,7101. 19s Id, was agreed to. The reserve fund
formed a separate figure of 9,8171. 19s 11d. A
resolution was passed adopting the report.
The reduction made by the directors of the
Bank of England, yesterday, in the minimum rate
of discount, has been freely commented upon in city
circles, and although most parties were unprepared
for such a speedy and important change, there is a
general feeling of satisfaction that the monetary con-
dition of the country has sufficiently improved to
justify the alteration. Many blame the authorities in
Threadneedle-street for adopting the measure re-
ferred to on a partial holiday, such as yPsterday
uedoubtedly was, but when it is remembered that,
owing to the reduced value of money " out of
doors," the Bank of England for some days past
has "transacted scarcely any loan or discount
business, no surprise can be felt at the course
adopted. The effect of the measure on all branches
of trade will be highly favourable, and an impor-
tant stimulus will be given to the general pros
verity of the country. The rate of money on call is
reduced from 5 to 4 per cent.