Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
The Week.
a machine by which he will be able to fly through the air , and that he may not fail for want of means to carry his ideas into practice the Emperor has presented him Avith 5000 f . A letter from Frankfort , ofthe 18 th , says that in consequence of the neAV Danish reply to the Germanic Confederation , the road to a compromise is considerably widened . The same letter says that the German manufacturers who had attended Frankfort summer fair , were satisfied Avith the
improvement which had taken place in business . Largo purchases had been made at the fair , and hopes Avere entertained of a still greater improvement . -We have received Madrid journals of the 15 th . The Correspondencia Autograft * , a semiofficial authority , publishes a programme of the policy of the new Spanish cabinet , which may be summed up as one that will form a really constitutional party , preserving while progressing ; supporting , on the one hand , the monarchy , and protecting , on the other , the constitutional rights of the nation . The Invalide
Eusse says that the Emperor of Russia and the Prince of Wurtemburg arrived at Archangel on the 19 th ult . ( o . s . ) On their arrival they visited the cathedral and other public buildings , and inspected the hospitals , schools , barracks , & c . After a short stay the illustrious party continued their journey . ——Intelligence from Naples has arrived to the effect that the government is about to contract a loan of 8 , 00 0 , 00 Of ., with which to make strategical roads between the capital and Benevento . — -A sentence of ' six' month ' s' imprisonment and . 20 Qf . fine , and 700 f .
damages , has been passed by the court of Aix , in Piedmont , on the Princess of Solms , for firing a pistol and wounding her servant . The Criminal Court of ButzoAV , in Mecklenburgh-Schwerin , has just concluded a trial , Avhich lasted from 1853 till noAV , of fifteen individuals for conspiracy in plotting to overthrow the governments of Germany . One of the accused died during the trial , three Avere acquitted , and eleven condemned to imprisonment for periods of from four months to three years . ——Several important commercial meetings have been held during
the week . The City Bank declared a dividend at the rate of 5 per cent , per annum , together with a bonus of 1 ^ per cent , making a total distribution equal to 6- § - per cent . The progress of operations has been favourable , ancl in addition to providing for bad and doubtful debts , £ 1000 has been appropriated towards building expenses , and £ 2000 to the reserve fund . In answer to questions , it Avas stated that the advances to Messrs . Skeen and Freeman , the mahogany brokers , on dock warrants , have not reached £ 10 , 000 , as originally rumoured , ancl that , with
the exception of £ 600 or £ 700 , the whole amount is secure . To meet any loss in this respect £ 1000 has already been set aside . The amount of dividend declared by the directors of the Commercial Bank , was at the rate of 6 per cent . per annum , the report and accounts being agreed to . The net profits have amounted to £ 14 , 019 , after provision for bad and doubtful debts , leaving £ 1391 to to be carried forward to the next half-year . The London and Westminster Bank declared a dividend for the half-year at the rate of 6 per cent , per annum ,
Avith a bonus of five per cent , upon the paid-up capital . The net profits for the last half year amounted to £ 93 , 882 , and after the distribution at the rate announced , the balance to be carried to the credit of profit and loss will represent £ 9852 . The surplus fund , with the addition of interest , & c ., has reached £ 165 , 204 . ——The dividend declared at the meeting of the National Discount Company , Avas at the rate of 5 per cent , per annum , and the whole ofthe recommendations ofthe report were agreed to . At tho adjourned meeting of the Crystal Palace Company , the
result of the ballot on the question of admitting shareholders to the Palace one Sundays was reported to be as follows : For the admission , 43 , 480 ; against it , 19 , 405 . Captain Young gave notice that he should try the legality of the opening on Sundays . A meeting has been held of the Eastern . Steam Navigation Company , the proprietors of the Leviathan , when the chairman took occasion to contradict a statement that the directors had given a pledge to tlie government
that they Avould not sell the vessel to any foreign power . He said the directors had been disappointed in tho expectations they had entertained of government assistance . It was suggested that the ship should be offered to the Atlantic Telegraph Company ; but it was thought that more than a year must olapse before another cable could be prepared , and the directors hoped the vessel would be across the Atlantic before that time . After a short discussion , a cgm-
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
The Week.
a machine by which he will be able to fly through the air , and that he may not fail for want of means to carry his ideas into practice the Emperor has presented him Avith 5000 f . A letter from Frankfort , ofthe 18 th , says that in consequence of the neAV Danish reply to the Germanic Confederation , the road to a compromise is considerably widened . The same letter says that the German manufacturers who had attended Frankfort summer fair , were satisfied Avith the
improvement which had taken place in business . Largo purchases had been made at the fair , and hopes Avere entertained of a still greater improvement . -We have received Madrid journals of the 15 th . The Correspondencia Autograft * , a semiofficial authority , publishes a programme of the policy of the new Spanish cabinet , which may be summed up as one that will form a really constitutional party , preserving while progressing ; supporting , on the one hand , the monarchy , and protecting , on the other , the constitutional rights of the nation . The Invalide
Eusse says that the Emperor of Russia and the Prince of Wurtemburg arrived at Archangel on the 19 th ult . ( o . s . ) On their arrival they visited the cathedral and other public buildings , and inspected the hospitals , schools , barracks , & c . After a short stay the illustrious party continued their journey . ——Intelligence from Naples has arrived to the effect that the government is about to contract a loan of 8 , 00 0 , 00 Of ., with which to make strategical roads between the capital and Benevento . — -A sentence of ' six' month ' s' imprisonment and . 20 Qf . fine , and 700 f .
damages , has been passed by the court of Aix , in Piedmont , on the Princess of Solms , for firing a pistol and wounding her servant . The Criminal Court of ButzoAV , in Mecklenburgh-Schwerin , has just concluded a trial , Avhich lasted from 1853 till noAV , of fifteen individuals for conspiracy in plotting to overthrow the governments of Germany . One of the accused died during the trial , three Avere acquitted , and eleven condemned to imprisonment for periods of from four months to three years . ——Several important commercial meetings have been held during
the week . The City Bank declared a dividend at the rate of 5 per cent , per annum , together with a bonus of 1 ^ per cent , making a total distribution equal to 6- § - per cent . The progress of operations has been favourable , ancl in addition to providing for bad and doubtful debts , £ 1000 has been appropriated towards building expenses , and £ 2000 to the reserve fund . In answer to questions , it Avas stated that the advances to Messrs . Skeen and Freeman , the mahogany brokers , on dock warrants , have not reached £ 10 , 000 , as originally rumoured , ancl that , with
the exception of £ 600 or £ 700 , the whole amount is secure . To meet any loss in this respect £ 1000 has already been set aside . The amount of dividend declared by the directors of the Commercial Bank , was at the rate of 6 per cent . per annum , the report and accounts being agreed to . The net profits have amounted to £ 14 , 019 , after provision for bad and doubtful debts , leaving £ 1391 to to be carried forward to the next half-year . The London and Westminster Bank declared a dividend for the half-year at the rate of 6 per cent , per annum ,
Avith a bonus of five per cent , upon the paid-up capital . The net profits for the last half year amounted to £ 93 , 882 , and after the distribution at the rate announced , the balance to be carried to the credit of profit and loss will represent £ 9852 . The surplus fund , with the addition of interest , & c ., has reached £ 165 , 204 . ——The dividend declared at the meeting of the National Discount Company , Avas at the rate of 5 per cent , per annum , and the whole ofthe recommendations ofthe report were agreed to . At tho adjourned meeting of the Crystal Palace Company , the
result of the ballot on the question of admitting shareholders to the Palace one Sundays was reported to be as follows : For the admission , 43 , 480 ; against it , 19 , 405 . Captain Young gave notice that he should try the legality of the opening on Sundays . A meeting has been held of the Eastern . Steam Navigation Company , the proprietors of the Leviathan , when the chairman took occasion to contradict a statement that the directors had given a pledge to tlie government
that they Avould not sell the vessel to any foreign power . He said the directors had been disappointed in tho expectations they had entertained of government assistance . It was suggested that the ship should be offered to the Atlantic Telegraph Company ; but it was thought that more than a year must olapse before another cable could be prepared , and the directors hoped the vessel would be across the Atlantic before that time . After a short discussion , a cgm-