7 OCTOBER 1865, Page 3

A prospectus hail been issued of the Merchants' Company (Limited),

with a capital of 500,0001., formed to carry on the business of Mersrs. Lane, Hankey, and Co. The business of that firm has been purchased for 25,0001. and 2,500 shares of 151. each, the vendors guaranteeing a minimum dividend of 10 per cent. for three years upon the capital called up. The directors publish a report from Messrs. Coleman, Turquand, Young, and Co., esti- mating the average commissions earned during the last six years at 17,8161. per annum.