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39

in terest till w ithin the last few y ears.

K now ing

spéculants, ap p reciatin g the solidity o f the foun dation

m ade a good business by p u rch asin g them a t th is

low rate ; and som e o f the prin cip al m ercantile

houses in C openhagen founded th eir fo rtun es in th is

speculation.

T hese s h a r e s , a t one tim e offered a t

10 r b d ., o r even less, are now w o rth 160 rbd.,

an d have been as high as 180 rbd.

T he an nual

dividend paid on them by th e B ank h as h ith erto

been 6 to 7 p e r cent.

M ø n t e n The M in t

,

is in N vhavn. S team

m ach inery o f 14 h o rse-p ow er is em ployed in the

v ario u s operations o f coining.

Nicolay-Taarn.

T h e C hurch o f St. N icholas,

one o f the oldest churches in th e city, h av in g been

alm ost destroyed in the fire of 1795, it w as de­

term ined by C hristian V II. th a t it should not be

re-b u ilt, b u t th a t the tow er, w hich rem ained, should

be form ed into a

Watch-Tower.

A w atchm an

resides in the tow e r; (in w hich is a reserv o ir o f

w ater), to give the alarm on the ap pearance of fire,

an d the low er p a rt o f the building contains p a rt o f

the C ity’s fire-ap p aratu s.

T h e alarm o f fire will astonish a stran g er, for

it sp read s consternation even am ong those so m uch