The Express.
London, England, 1865-11-28 00:00:00

1,-,i.16. -
The Hen. Maurice Berkeley Portman, 5. Prbsee'sgUe, Knights-
bridge, S.
and Bryanston, Blandford, Dorset.
Dagen&
! Messrs. Prescott. Grote, Cave and Cave, 62, Threedneedle-etreet,
London.
The Agra and Mastermen's Ralik, 10. Place Vendome, Paris.
Subecriptions for Signe. will also be received by
Mews. De Week Wingert and Co., Antwerp.
J. H. Skene, Req.. D.11.11.'5 Consul, Aleppo..
M. Joe. Jaques, Banker, Berlin.
Messrs. Sayer, Battaint and Co., Beyrout
M. Sam. Astruc. hanker, Bordeaux.
Messrs. J. E. and L De Jardio, Bankers, Bruges.
D. Sthritsoo, Elie, H. B.M.'s Consul, Brussa.
ABRIDGED PROSPECTUS. M. de itevelaity. Arab- effendi Khan, Constantinople.
Mears. Co. Dubois and ankers, Havre.
An arrangement has been effected to amalgamate the very ex- Co.,r•
tenstre Iron, Steel, an
Iron and
sntheering works and The European Batik, Marseille&
estates of the logo
Steel and Iron Work Company, in Sweden Mean. J. L Grime and Co.. Marseilles
with the Nortieleld Steel and Iron Company, near Rotherham: ilichard Abbott, Esq., Satellite.
I Mears. Maurice, rot oil! and Co %wpm.
In england, both of which works are in full operetion, and to ., r r '
form the same into a Compauy, with limited liability, wider the — Chevalier van Lennep, Dutch Consul.Genersl, Smyrna.
Joint-Stoek Companies Act. under the name of the Anglohwedish La Banque Royale Wurtwrptlerge°h.' BtutfPrdr
Steel and Iron Comp my 'Limited). C. Sorrell, thq , Consul for Spain, Von).
The lirgbo Company. in Sweden, promotes very superior fact- 5011entws—Mwsra. C"rten', "d emwer 9, Gracethurch-
Meg for the
these
woes of steel a.'d iron by the bassinet, i street, London.
method, ant
et these works, under the management id Mr. G. Y. ! swum.
Goranthon, th Bummer proems for producing steel first became Messrs. Upward and Prescott 15, liirogmorton-street, London.
a i nued 4.,.4...... It b 44. however. b,44 found absolutely
~. , Messrs Kerr, Anderson, and Brodie, 132, Bt. V incent.street
cemary. for the full development of the resources of the Itottho MGestage7a.ckson nil Barclay I
Company, to WWI* a depOt for their steel ingots, together with Brown's-buildings, Liverpool. The thirteenth &nutlet meeting took place this
10111111 D and rolling power in Engbind ; and the Northfield Steel Henri•— Woodhousee . Kul.. Et, Mer'ketplace, Manchester. day in Exeter-hall ; pin not EaIIRLAOR in the e.hair.
am Inc Company -having already in •datenee extensive plant ~_____,„. SitcliErruir (Pro tA"ut—B. Lambert, KW. I Mr. Oautishaff, the secretary, baying read the advertise.
...., Delors—City Bank Chambers, Threadgeolleetreet •
specially adapted for the forging and rolling of steel ingots it : i meat oonveuiug the meeting, the won. report of the board
has been ago to work the two concerne under one manage- i IWM peewee& The report stated that the thirteenth
taint and le one Interest. --- 1 thanci 3 year dosed on tee 30th of September, with highly
The whole of the estates and properties of the yen 'ors, in- 1 Landon.
PROSPECTUS.
clodieg Meat furnaces, rolling mile, foundries, engine and ship- I yhig comooT is famed at*. ogpiooo 'monsoon or ‘oevaiiint, I satialeetoty results in all branches of bruises& It
building works. together with stationary engines railways ships • and others engaged in trading and monetary operations in the is with much gratificatiou that the balancesliest
tool*, ite. used In carrying on the same, will be taken at • vs- Ottoman Empire, for the purpose of extending to the mercantile and ststement Of accounts is laid before the mambas.
luation by two valuers. one to be appointed by the vendors, ' community of Turkey that legitimate aid which, in morel
; The reserve fund now amounts to 12,0004 ; the total sale of
and the other by the Directors of this Company, and will be wowed ciountrles, is rendered to othunuoti by well-conducted ,' land to Michaelmas, 1855. is 415,5501. lin. 4d. I'M total
conducted es the principle as between an outgoing and incoming banking institutions. I withdrawals sines the formation of the meet/ (7th Sept.,
yartner. 1 Thee normous development of the trade of Turkey within the i °go, ~.. 5ii4h4,41.44. 1865, 4,4 256.9061. 14. 46. Tbe
The vendors accept ise part payment of the purchase money oast few lean bas not been net by ea
st cootinuous increase of .°°`lr `'''
the sum or KKOOAO in shares of the Company with Elt lea. 0011 banking facilities; and when it is considered that the total tin- . Mono of the nester of right nee as follows f--Coto-
credited as paid ap on each share, thus becomieg proprietors ; ports and exports have risen horn ill ~000.000 in len, to up- plied, 5,743 •; drawn, 3,305 ; sociality, 1,758 ; totsl,
cif LSOO.OOO of the capital of the Company, the whole of which wards of F. 60,000,000 in tbe year lea, some idea may be formed 10,806. Dedact right exercised, Arm on estates, 8,151 : un-
the vendors miee to bold fur live years :and that no divklend of the vast and profitable nelu which is open to a bank con- onorniaa4 rigeto, 052, The last ghat. wend up to
shall be payable on such shares ao held by them during such pe- ducted upon English principles and managed by gentlemen 510,h.40,,„,, 1865, to No. 22,925. The returns for
rind until the other shareholders shall have ben paid fifteen . poluesiag a local and practical knowledge of the country. . . first---• ending December ~, will be
per cent. per annum on the paid rep capital. ; in the year 1061 the total number of vessels that entered %h. .. quarter,. . _.z.- •'.... - ...
poro of coootootioopio woo only wag. given at the norm quarterly meets
The vendors further accept, as part payment of the porthole ; and cleared at the eg alter Lady-slay. Tin
money, the C, mpany's debentures for £200,000, redeemable ie I tonnage 1,397,316; while in the year thel the number rose shareholders will limit on reference to tlie belanoseheet (a
three. five, and seven years. to waft. tonnage 7,433,063. At the port of Smyrna the oopy of which was duly forwarded to every investor), that
A mortgage of £200,000, already secured on Tart of the pro- ; total importa and exports in the year leht =milted ooly to the cash received fur subouiptions on shares and on deposit
party proteded to be purchased, will also be transferred to the ' Et,the,s2s; while in 1884 they increased to E 5,5611,604. In there ievestaiesta for the pest year amounted to 40,0271. 10s. 34.,
new Company. ; Meat centres of Turkish COGIONTOII there is but one joiutstock
•
No payment whatever, either In shares or csah, Is te be made bank in existence. 1 and that the cash received for payments on amount of lend
for goudwill. I The Ottoman Bank (La Banque lespfriale Ottonmee) Is the I mad Infildloe ballooo. Mae 31.3.321- lit 9ff.. The Amos
The result of thew errengementa will te that nearly the whole ' only bank in Turke, and the profitable nature of its operations : wider the bead of '' imam with • le maple°,
additional capital subscribed will be available for extendine sad is evidenced from the price of its shares, which, with eau paid, • show a marked increase over last years returns, partiou
developing the !natures of the Company; and the acceptance of are quoted at fie, while the last dividend amounted to 15 per 1
these hums by the vendors is satiate:tory evidence of their faith , cent. per annum. tarty in the iaterest on admires to ellottees, showing the
great IDCZO1•11 in the sale of lead. The permanent become
in the undertaking :in fact this Company la not formed to pay The operations of the Bank of Turkey will be strictly confined
out the vendors, bat purely to enlarge the partnership under the ;to banking business, to the etcluAon of anything .onnected , . ~ cation
i boa thus bees materially added to by the berms-
more convenient form of lieu; ed liability. I with the iresineris of • mereissoL It will assist commerce, Img disposition of the buyers of load to avail them-
reeseseron of the estates and winks wlil be elven *bout the *bile at t e aaMe time it will avoid on its own pert all inter- ! Pelves of the borrowing power afforded by the society.
Ist of January sett (then", and this Company will enter at once • ference with, or competition in trade. This feature in a bank The isvestreents in the society on the share account are
upon lucrative basinemes in tun • perstion, free from the tithe , for Turkey is of peculiar value, and will secure at once for the 1 1345791. 15m, and on deposit ecconnt, 26,5881. 16a. 33. The
which are inseparable from newly-establiahed undertakings. ' Conk, any • clieutelle of the most unexceptionable and profitable
The Northfield Works have the !exclusive manufacture of character. ; Withdrawals on shares were 14,6241. its 10d., and on deposit'
Captain Rodger's Patent Indented fienall-palmed Anchors, for Thu Bank will afford facilities to merchants in this country 1 10,7951. 2s. 11d. A. very large lacrosse has taken place in
which large orders from the Admiralty and man? .4 the great sad caner.
the continent fur the negotiation of their drafts on the sale of hail. both on the old estates sod DOW properties
steamboat companies are now in course of execution, and the oorrespoudents InTurkey. I Mimed this year, and the committee have therefOr* been
demand for which is much greeter than the present machinery , Applications for shares may be addressed, in the annexed form, , tumbled to bring up the reserve fund to 12,0001., and sa,
of the Northfield Company enables them to meet. 1 to the Directers. and copies of the prospectus sus be trbtalite t 1 after providing for the iuterest of 5 per cent. per annum oo
The use Mehemet in Sweden Meted of coke enables steel to at the alike+ of the Ottoman Comx any, 20, Threadneedle; street, I shares. a" 4 p0re...4. per 4,4.0. 4., d.p.a., th. mconota
be made ;greet g•ionm the least fnurti.riami, thereby avoldin thcoenilivii..kmerl, Brut:her:
dope
itst ic01ti,3,31 .i.sh: 1 t noe .
show an available Mecca, the executive committee are
ing 'the epeplication° wattle
espouse
re
ate gr,leall seethe in the coat of productionng. - aond,he number of shares applied for hu beeinald. 'I enabled to add to the sorount• of =Wats holding
Taking into consideration the immense and duly increasing I Copies id the memorandum end articles of association may be uneompleted invested shares, in respect of which no
demand for steel, there can he no doubt but that with the hi- obtained ottiees of the ,olicitors, ur at the temporary oflices imereat hes
been paid a bonus, or, in other words
troduction ol additionel capital this Company must realise large of the Bank. e
`opies will be forwarded by Poet, without charge, interest t the rate of 8 per cent. per annum.
protith j on application to the Secretary. lOs them shares, on which interest warrants have been
The 101.,10e$ of Mr. Gorensson, who has hitherto had the i . issued, an additioshal 1 per mat. per seam will be
management of of the works and estates of the High° Company.
in Sweden, and who holds a large pecuniary Interest in this eluded in the half-yearly loterent warrants payable on the
Company, have been enured as MODS4.IOD Director for Sweden. let of May next. Thus every payment on shares on the
The i, emorandum and articles of association may be inspected register at the annual every, not being in arrest, will
at the offices of the Solicitors of the Company. realise 6 per ans. per annum for the you ending the 30th
erospectrees and forms of appliiation for shares may be of September, 1865. As regards the interest on completed
obt.ined from the banke, brokers, auditors, end solicitors ; shares end abates in progress, paid • year in advance and
and at the taus of the Coompany. upwards (for which the half.yearly warrants up to Lady-
day and Michaelmas are issued on the tat of May and the
Ist of November respectively), the rate er It remain at 5 per
cent, per annum, and at 4 per rent. on deposits, under raise&
The user estates allotted this year were :—Jan. 11
lioutbgate-road ratite, Wood-game, No. 2, and the Vali:-
stows estate, Eat Suffolk, mooed portioa. April 6 : The
Sunnyaiiie estate, Salida ern, Idiot Wight ; the goehamp-
ton-park *stet., fourth portion; and the Seven Sutra'
estate, Tottenham (reallotment). Jane 7, the Deal setae
(Clovernesest Naval Yard), first potties. July 19, the
Woodhouse estate, Withstand (third portico). Oct. ET,
the Putney estate, No. 4 (close to the steaks).
All the plots oe the Felix', owe, Shadows, and Wea-
seled Estates have beim sold. On the Seven Sisters'
property there are but three plots nedieposed of, and good
sales have bees effected on the Woo I Gram. Roehampton,
and Putney properties, which require only the completioa
of the works to ensure a demand fur the few remeiteug sites
The Beacon-hill estate, Newark, and the Leeds estate have
been timed this year and the profit carried to the balance-
sheet. The whole of the plots on the Plough-hies estate,
Battersea, No. 2, have also Men disposed of. The oew
properties acquired by the society since the last menial
report are :—St. Austell (Deer the station). Cornwell
re) ; New Perry (opposite Liverpool), Cheshire (north) ;
Putney, No. 4 (close to the station), Surrey (east) ;
Stafford (near the station), Staffordshire (south); Den-
ford (near the Worcester stades), Herefordshire ;
The satiety has supported, as usual, the claims of tb•
Wiese., ou its eatatee in various counties in the registra-
tion courts free of expense. The sweeties committee can
refer with gratification to the returns of the last general
election, which show that 95 per met of the aunties on
the society's estates voted for the eamervative candidates,
thus proving the politicaladvaatep of the society in the
extension of the (reaches as the basis of property and Ma
ligeooe. The Conservative Lied Society he
commenced its
fourteenth year with every indication of continuous theme,
having acquired size, estates io twenty-six counties; sold
land to the attest of nearly 416,0091.; and issued 22,925
shares, representing 1,146,1501., and the executive committee
feel that they cm claim the centimetes of that coefideme
which has enabled them to mailed so widely the commercial
acid social advantages, and promote so succatalully the
'vosperity of the Comervative Lead Society.

Annul's:CT—Wm. Barges, oq., T. ILI. A.
POLICTIOIS. Alerts. Sole and Tarpon, Aldermanbary.
BAIIII/11.—Aps and Masterman's Bank. Nitholas.lane.
111105,U5.
MUM Partridge and Greenfield. Si, Throginortonstreet.
Messrs. Yrice and Devot. 64, Thresdneedlestrect.
efintrOaa—Messza. J011120.00E, Cooper, Whale, and Keens,
Coleman-street-buildings.
PICZETAIT J. F. O'Brien, Ittq.
Terisprearyollose-1, Royal Exchange-buildings. London.
Ibis Company Is tensed for the purpose of executing public
worksin Naples, and wlll commence operations by constructing
a Boalevard, upwards of a mile In length and SO feet wide. con-
meting the centre of the city, the Royal Palace, and the govern-
ment baildinp with the aslant and Corso Victor Emanate', the
thief carriage drive ot the Neapolitan people. The entire project
la shwa on the plan accommuiying the prospectus, where the
coloured red indicates the first section of the works, and
that Disc (for which plans are now being prepared, and
arrangements are in progress with the IduakdSailtY) marked
am to be subsequently proceeded with.
Naples, the third city in Surope, contains about 000.000 haw
Mania. and is rapidly increasing in population and comments'
development It is the port and centre of a population number.
curly 2,000,000 souls, dwelling within a roans of twenty
and in much frequitoted by foreigners from all pasta of she
World., both for temporal? and permanent residence.
A tender for this work was made to the Municipality of
laplea, ill accordance with a decree of expropriati°n. and having
been accepted by them, and approved to due form by the prefect,
se behalf of the government of Italy, the requisite compulsory
powers are thus secured for the purchase and expropriation of
the necessary land in fee.simyle for the Intended object, without
the delay of other legal formalities. The Municipality of Naples
upon accepting this tender required the usual deposit of caution-
money, which the coneemiteaire has accordingly paid.
The municipality contributes a subsidy of 1A00,064r., payable
regressively as the works proceed.
Contractors have undertaken to purchase all the land neces-
sary, and to complete the construction of the new thoroughfare
the style rat the edieces lately erected on the new Boole aril.
d Paris, including the formation of the road. paving. and works
et arstuage. dc. The new houses an to be 10 metres high ill-5
kW, and the total cost for houses, land, dc.„ amounts to 620
/Mos (04 16a) per square metre of the area built upon.
The contractors, relying upon the success of the undertaking,
have accepted these terms; and they look for their remunera-
tion out of • portion of the surplusprofits after repayment of
capital, interests, and all other expenses. This remuneration
has been tired at one-fourth of the realized mete : the remain-
threerfourtha being divisible among the shareholders.
Prom a report published by the Municipality of Naples. In
1862, on the valise of house property there, and from the increase
d value since that date, which ts estimated by experienced resi-
dents at upwards of 30 per c- M., the revenue from rentals would
be calculated to yield at least 10 per cent. per annum on the cost
of construction.
The value of house property In Naples Is reported to vary,
according to locality, between twenty to twenty-five years pur-
chase—houses in the Via Toledo being valued at twenty-eve
years, thoc in the Chiaja district, and in the vicinity of the new
street at twenty years' purchase. When the proposed Boulevard
le opened into the Toledo, It I • believed that these houses will
winmulld sd equal if not shirker price than those in the Toledo.
Taking the value, however, at an average of only twenty jests'
Purchase, each tquare metre yielding a minimum rental of Mill-
ers franca, or over ten per cent one cost of 020 francs (Lei lea),
would attain a selling value of 1.300 francs (dS2).
There is a larte and increasing demand for house aecommo-
dation In Naples and house property being the favourite Invest.-
..1A of the Beaton, an e, immediately houses are
completed they find ready t
rousers.pin Indeed, In many cases,
Contracts for sale can be male to anticipation of their completion.
Alter a most careful examination of the pedal project and of
all attendant circumstances, it Is calculated that a share capital of
de00,0;:0, Bette' with the returns from sales taking place
during the progress of the works. will be magician% to work out
the entire concesaion. And the calculation, founded upon the above
stated rates, exhibits as a reault—within the term of eight years
to be occupied fo completing this enterprise—return', from the
disposal of successive pot Mons of the estate, which promise to
furnish et Meet £3OO to the sae
emirate of bonuses upon every sub.
acriptlon of Ateo—exclusively of the entire repayment of the
capital ; or, in other words, • capital profit of 600 per cent
with intervening interest at the rates of Spec cent., 6 per cent.,
and 10 per cent. as described.
The report of Mr. Burger, the architect, of London. who was
especially deputed to make investigatious on the spot, la referred
to In corroboration of the foregoing statements.
A provisional contract has bees entered luso for the transfer
of this concession to the Company for the sum of i. 40,000 as the
consideration for such hematite
The Company, under their articles, adopt and confirm the
egreements and contract., and the Directors are enjoined to
wry out the same, to repay the nation moneys, discharge the
cousiderattons as speed, and to pay the various expenses and
eommisaloos Weaned to eonatitaite the Company. The Company
indemnify the ant contratu ors n tbe usual
tomanner and the
Financial Agency Commission in !nod not exceed two per
cent, to over and include commisaions for acceptance upon
bank credits required.
Power is reserved in the memorandum and articles of asCan-
so-
ciation, which can be lees at the temporary dikes of theaasso-
ciation,
non), for the Board to enter into engagements for other public
IFOrb, deemed promising by the Directors ; as alio to purchase
OT issue premiers for improvements or use, and to create and
lame redeemable debenture bonds and deposit notes, in and
leas
to the progress cf the works, and to the extent of one-
half of the value of works completed from time to time.
The right Is hereby reserved to allottees of scrip certificates to
puny the full nominal value thereof so that they be convertible
hito fully paid abases.
m teal Deposits upon which no allotments are made will be returned
Proapectuses and all information can be obtained from Messrs,
Clinch, Smith, and 1, Loyal Eichange-build, and
espies of the uncles of association may deo be obtaiwd from
the broken and soliciton.

SPECTACLES are are NECESSARY
WHEN the Eyes water, are misty, or fatigued
after marlin e :
\\THEN the print blends, and the letters appear
to be doable .
WHEN more light than formerly is requicite—
example :
WHEN the candle is placed between the eyes 1,
and the book : I
WHEN objects must be held further off to
be
seen more clearly
W :
HEN much difficulty is found in threading a
needle.
The above are pre
monitorystgns of decayingst, and Indicate
that en optician should be con.ulted without deb.y. From long
sad extensive practice Messrs. Thomas Harris and Son are fully
comp. tent to advise on all matters pertaining to the remedying
defective sight. They skilfully wisps lenses, perfectly true. of
the raquhite power, and likewise they judiciously select a spec-
tacle frame of the form meet becoming to the face. THOMAS
IiABILIB and 8001, opticians to the Royal Family. opposite the
British Museu gates. London (their only house), established
1780. Csuttoe—m Ito travellers or agents.
----------

--
THE NAPLES PUBLIC WORKS COMPANY (Limited).
Capital, X 1,200,000. First Issue. LOOO,OOO.
tuna 07 APPLICATIOW.
To the Directors of the Naples Public W mks Company (Limited),
Per HOWL Clench, Smith, and Co., 1, Royal Enchangenuildinp,
London.
CienUemen,—Having paid to the bankers of your Company the
sum of , for your Company's credit, I request 700 to
allot me scrip certleea's of ElOO each le themed COMM.
PCT. And I hereby agree to accept inch scrip ny less
amount that may be allotted to me, and also to pay the further
ruin of in for every such certificate when allotted to me and
I agree also subsequently to *Lc. pt, In lieu of each such scrip
cerencato of AIM eve share certificates of ittO sack, and to
bold or transfer such scrip or slurs certificates, =Meet to the
provldons of the Articles of Amocialloa of your mid Company.
es the register of which you May tonriba my raw es a sambas
k cam et allourat.
sm In taE •

Address
Probation or cosditios
Dote
Ms portion will be retained by tbe tankorn

PROSPECTUS.
This Company Lines,d for the purpose of working two exten-
sive Silver Mn known as Pen hale and Lomax, situate in
the parish of Perrannthuthe, Cornwall.
The mines ere held under leases lee yams, at the uninuilly
low royalty of 1-‘4th, the average royalty of the lead mines of
Cornwell bring from 1-15th to 1.1841 x
The hir-huned and deserved I calebrxted East Wheal Rose
Mines, which paid Dearly F.500,(00 sterling in dividends, and the
shares of which sold for onwards of £1,700 each, are about three
miles to the oast of Peohele and Lomax, while& the rich and im-
portant West Chiverton Mines, now 000, ace riling
over EDO yieldi
ng an annual profitding
of
over L 20,000, and valued in the emmeuate ,
to the present market price, are 'inflated at about the same dis-
tance to the south.
The remunerative productiveoess of Pothole and Lomax has : ------------
been abundantly established by actual results.. and as will Ds 'WHITE and SOUND TEETH are indispensable
seen by the report ra
nt no less an authority than Captain •to Personal Attraction, and to health and lonsevlty by 1
John Elite (by whose practical skill Crest Lax.? lies been brought e e
rove mastication of food. ROWLANDS' OUONTO, or t
Into Ha present highly profitable position), •tbry form ine of
, 'PEARL_..____DENTIIrRICE, compounded of Oriental ingreslienta. is p
the beet and eared investments In the whole mining district of
Cornwall.' He also writes, . I hilly believe that with a mode- . .._,221-,,,r=.,. value in preserving and beautify*. ngirwuthe te.i:h.i.
rear the gums, and to giving a piessing
rare capital, combined with spirited and Judicious msnagewet, ' 7,77,:rh
this property will soon rant among the ban dividend. Paying at .It eradicates tartar from the teeth, removes spots LORD AND LADY AMBERLEY.--On Friday evening
I of incipient decay, and polishes and preserves the enamel, to
mines in the county"
After • careful comideration of the early results to be obtained llalchiti, It
ta imparts
bt.io.adDmwl_ th...ll.ll9,.w.ht.tedomf
royalty
luaayslashtbetrui.spre-to. Ilaocc•aanednalLosurdi. wiphdiChiAmdigy himh•bey,Oieyroavietillivevoll
nellifiOUL
A.
from these mi. es, the extant of the reserves of ore, and the !La Sof have • Europe. and -it ii, universally iii mei repute. ?Me . they were de...seeding a short but steep piled), osi their re.
absence of thy necessily for say works of a speculative or cope-
timental character, the Directors feel folly Justified in coming bead-Perbel- bbld. Ill.."_. alilibb. -,.,„,,nrd__e11.....„ and by Chmlaw i turn to Itodbarough klauor•house after a short drive, the
to the (occlusion that la a short period percolumitendf satisfrie 1 and helium." Ask we 21°."'""*"' I horse his lordship was drivieg suddenly became restive,
tory dividends will be realised. An opportunity so &yours
I commenced kicking, sod ran away. The wheel of the oon-
f" inve•Umml l° • b°°•ad• minicg e"terPrise. thenfore. bat 1 IVOTHING IMPOSSIBLIL-The greatest and I esteem comic' in contact with some timber lying at the
seldom mews. ...a. 111 most useful invention of the day, AOI7A AMARELLA- I gide of the road, it was aped,. Lord Ambeeltre soon rem.
The DtrectOee be" "'heeded in seeming these eltensive - - deem JOHN 003 NELL and Co. Three ILlngconft, Lombard- j "sled himself, but freed that, besides being badly maned,
woe most advantageous terras-M., LIS,OOO. the whole of ___. London. perfumer' ,_ ._ _ .
which is to his paid in the 'hares of the Company. thus showing ~.7.,...&,...,...,Penumer5w Dr Majesty
,TrtIFY!"./ °,l:l° Ill! , bin knee was hurt. He was able, however, to render assist.
the confidence of the vendors in the intrinsic merits of the gumbo "ar`Zliir? •"pruelgu: ti'udeneweleeeferepieleth"..;e7 me mice, in coniueetion with two friends who were on bone-
undertaking. Asa. Aiii.reb, has 00.,, of the properties of dyes: ft. oe the back to Lady Amberley, who lay for some time imensible.
There being no promotion money, the preliminary experts leo trary, is beneficial to the system, and when the hair is once As noon as possible after the arrival of kir. Nosy, surgeon,
will be confined to the amend. necessay paid, but In no ca Price
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temporary.
It is true that the Pergola, though perhaps the
most thoroughly comfortable and luxurious theatre
in Europe, is perhaps somewhat carious
theatre
the
needs of Florence under her new circum-
stances. It is true, also, that the proprie-
tors of the Pagliano have been endeavouring,
at a very considerable cost, to remedy the radical
defects of construction which have
of hithariertostocr renic
-
dered it unfitted for the purposes at
Florentine frequenters of the theatre. But Ido
not think that the object has been sufficiently
attained to effect the deposition of the time-
honoured Pergola from its rank and dignity.
The story of the founding of the Teatro Pa-
gliano is • somewhat curious one. Some few years
ago a worthy citizen of the name of Pagliano,
having tried the profession of a public singer with-
out
meeting with a sufficiently encouraging success,
turned his attention to a different order of ileas,
and invented a syrup, which purposes to cure the
ordinary number of human maladies. The
"Siroppo Pagliano" did, it is said, oure • certain
Russian grandee of some malady, real or imaginary,
and the fortune of the lucky inventor was forth-
with assured. The "Siroppo Pagliano" became a
widely-known popular medicine, was exported in 11
all directions and in vast quantities as fast as the
inventor could manufacture it, on premises adjoin-
ing the present theatre, and Signor Pagliano be-
came • very wealthy man.
With pockets full to overflowing, with a mine of
gold in his syrup-tubs, but with tastes still yearning
after his original parsuits, Signor Pagliano bethought
him that if he had failed to become a valuable sup-
porter of the musical drama in his own proper per-
son, it was at lead now open to him to become •
still more important patron of music in a more
durable manner. So he called workmen around
him, and the foundations of the Teatro Pagliano
were laid. Signor Pagliano was • man of large
ambitions—as large as the huge circumference of
the mighty Scala at Milan, and its twin
monster, the San Carlo, at Naples ; and the
foundations of the new theatre, with which her
fortunate and patriotic citizen was about to eudow
Florence, were laid on a scale of corresponding
magnificence. It is said that the work was carried
on in a fashion more liberal than business-like—
that Signor Pagliano, content with the accounts,
that showed the cash to be flowing in from the
syrup manufacture in abundantly large streams,
kept no accouut whatever of he expenditure of it
on his hobby, but simply putt
his hand into his
breeches pocket at each demand of architect,
mason, and carpenter ; iu such sort that when the
work was done, neither he nor anyone else had the
least idea of what the theatre had cost.
There it was, however, completed—an undeni-
ably magnificent building in the interior—for it
has no pretension to exterior handsomeness ;
with a sidle, one of the largest, if not
the largest, in Europe. Of course it was
II called the "Teatro Pagliano," as its founder
desired that it should be. But a little while before
the downfall of the Grand Ducal dynasty an attempt
was made to give it the style and title of the
"Teatro Ferdinando," calling it after the name
lof the Crown Prince. Bat it was of no avail. It
11 was in vain that " Teatro Seale Ferdinando" was
I printed in huge letters at the head of all the bills.
I The Florentines persisted in calling it the " Teatro
Pagliano ; and the proprietor was saved from the
embarrassing necessity of having to rebaptise it
II when the flight of his desired patron rendered it
desirable to say as little of Ferdinand° as might be.
There it was, and is probably the largest sane in
Europe. But this pre-eminence is the very cir-
cumstance that is fatal to it as to any possibility
of becoming the theatre of Florence. For this
immensity of salle has been obtained at the cost of
lamentably scrimping the boxes. There are no
lees than six tiers of them, and • most magnifi-
cently extended circle of their frontages. But that
is not what the Florentine beau monde wants. It
wants the roomy boxes of the Pergola, extending
in depth to a size as large as a Parisian drawing-
room. Excellent seats at the front of the boxes for
seeing and bearing. Very likely ! But what has
that to do with it I Do we go night after night
to the same opera to see and hear what is
I passing on the stage I Our boxes at the
Pergola are, in fact, our drawing-rooms--
drawing-rooms with the combined advantages of
publicity and privacy—drawing-rooms from the
front of which we can see and be seen, and in the
quiet recesses of which we can receive and have a
chat with our friends, without disturbing the
tenants of neighbouring boxes, or offending the
decorum due to the public. Drawing-rooms where
we can see and be seen Bat how can either end be
satisfactorily accomplished at that huge Pagliano,
where the occupants of the opposite boxes might be
dressed in calico and nightcaps for aught one csu
tell with the naked eye 1
An attempt, therefore, has since last season been
made to remedy this radical defect of the scanti-
ness of the boxes. A sort of balcony, from two to
three feet wide, has been thrown out in front
'-eibt a ran/

345 138
The first coupon, with 12 francs 15 centimes, or
5 florins Austrian currency, due on July 1, 1866,
will be received in payment of the last instalment.
The saleable interim-certificates, payable to
bearer, will be returned to the subscribers,on their
returning the receipts of payment of the persons
named, between the 10th and 15th of Deoember,
1865, when the second instalment is paid in. After
this, persons are at liberty to pay their instalments
before they are due, for which interest, at the rate
of 6 per cent., will be given.
The half-yearly drawing of the bonds will take
place publicly at Paris, under the superintendence
of the Austrian embassy, on the let of May and
the Ist of November of each year.
Within the Austrian monarchy the payments
may be made in Austrian silver coin and in
" Venice' thaler," in French franc pieces, in whole
or half gold crowns, according to the course of
exchange of 13 Its. 50 kreutzers Austrian currency,
and in imperial ducats at 4 fis. 7 krentzers each.
Also in notes of the Austrian National Bank at the
course indicated the day before at the Nrchange in
Vienna ; and, finally, in "parkal bypothek-assign-
mente," inasmuch as the same fall due within three
mouths a' longest, at the course above mentioned
for bank notes, deducting the current interest from
the day of payment to the day when the said
interest becomes due.
Such, then, is the true statement of this much
talked of loan. The disadvantageous part of the
negotiation, as regards the government, has already
been dwelt on ; it may not be amiss now to look at
the counter-balancing gain which it brings the
country and the government. In the course of
1867 the ratuta will be at par, and this will enable
the Bank to resume cash payments, and to pay in
full. Since 1848 the agio, always fluctuating, was
wore or less high, causing great loss to many and
iooonvenience to aIL Owing to this, mooey occa-
sionally lost in value 30 per cent. This state of
things will now cease, and for the first time for
some years a natural fnd healthy tone will pervade
the monetary relations of the empire.
Out of this loan a certain instalment of the public
debt will be paid back to the Bank, which hitherto,
for want of funds, the government was obliged to
leave unpaid. In 1857 the arrangement was made
and the rate of instalment fixed, but as the exchequer
was empty nothing could be done. Tbe complica-
tions brought about by this state of bank ruptcy—
for it was little else—will now gradually be re-
moved, and the Bank be enabled to take • very
different position to what it has done of late.
Yesterday the rate of discount was rednoed both
in London and Paris, a circumstance favour-
able for the loan. Although there is every
probability that but • very small por-
tion, if any part of it will be taken
here, it is confidently expected that a larger
amount will be subscribed for than is re-
quired. 1 shall endeavour to let you know the re.
Butt of each day's subscription to the loan, that you
may judge of the progress made and of the confi-
dence or want of confidence shown about it. Spe-
culators here are agaiust it, fur a very simple
reason. The constant fluctuation in the funds and
rate of exchange brought them fortunes, as the splen-
did houses in the new Ring Stream show. A more
healthy state of the money market, no longer sub-
jected to such violent changes, will now snbvene,
the government being enabled to meet its 'blip-
tions to the Bank, and thus the gambling game
hitherto carried on by bold adventurers will be put
a stop to. Such are the advantages which the
public at large derive from the transaction just
coooladed.
The steps takes by government to develop in-
ternational trade oleo glee additional importance
.

lof each tier of boxes. And no doubt a ige _
of excellent seats for the vulgar purposes of bearing and value to the loan, sad it again will ;sack all-
ot
seeing has been obtained. But the improve- vantageously on the proposed commercial changes
ment by no means remedies the defect that has been as°lll:4"takiDlL .
In is the nnt time that the French money
explained. The boxes en still shallow, and afford market is opened to Austria.
quite se little or rather less privacy than beton if I sae state that the commercial treaty between
for that part of each box which consists of the gal- England and Austria is as good as settled.