The Express.
London, England, 1849-05-21 00:00:00

METALS.

In the mining share market during the put week
an average amount of business has been done. Shares
in our leading t.nd dividend-paying mines were much
inquired for, in many of which transactions took
place, and, comparatively with former weeks, the
market exhibits a healthy state.
The Mining Journal states as follows :-Shares in the fal-
lowing mines have changed hands:-Devon Great Consols,
East Wheal Rose, West Seton, West Buller, West Caradon,
South Wheal Frescos Trelawny, Condurrew. Mary Ann,
Trehane, Camborne Console, Tamar Console, Tineroft, Cal-
lington. Kingsettand Bedford, Lewis, Treleigh, Rolinbush,
West Tolgus, Bu kat., ate. At the Ilerodproot audit, on
Wednesday the 9th inst., the accounts for Dee., Jan., and
Feb..were ermined The costs for the three months amounted
to 3,6651.135. Id. ; and the returns for the same period to
3,5121. 124. 64.-a balance of 5491. 72. 5d still
appears against the company. The agent's report of the mine
is by no means uni atisfactory,whilst de: prospects for the future
are very gratifying. At Wheal Mary Ann meeting, on the
9th inst., the accounts to the end of February were pre-
sented ; the rrofit on the three months' working a; pears to
amount to 3181. 15t 24., which with a credit of 129/. 13s. 6d.
brought from the last account, together with a mill subse-
quently paid, gives a balance of 4601. Bs. 11.1. in favour of
I tee company. The managing agent's report of the mine
generally is more favourable than we have seen it for some
time past. At the Camden Wheal Hooper meeting the as
°ousts showed a balance against the mine of 2081. Ils. 9d. ;
with unpaid calls, 3201. 4s 61. A call of 11. 10s. per share
was made. At the anaual West Wheal Jewel meeting, held
on Monday. the 14th inst., the statement of accounts pre-
sented shows a balance in hand of abut 1,1201., when the
value of the ore already raised has been realised. The ma-
nager's report represents the improvements daring the year
as immaterial, although it is anticipated that some produc-
tive ground is about being developed, which will be taken
away advantageously to the company ; and according to the
present prices obtained for the produce, there is every reason
to calculate on the returns meeting the expenditure for the
ensuing year. At the Llwynmalces meeting, on the 15th Met.,
the statement of accounts showed a balance in fay ur of the
company of 2241. 19t. 9d., with highly encouraging prospests
as regards future returns. At South Tamar and Bast Tamar
meeting, held on the 17th Jest., a call of 2s. 6d. per share on
the former mine, and 6s. per share on the latter, were
deemed net:misty. At the Wellington Mines meeting, on
the 15th inst., a dividend of 11. 101. per share was declared.
The statement of accounts showed a profit of 1201. 31 7d.
on the two months' working, January and February, which,
together with the balance from last account, enabled the pay-
ment of the above dividend ; laving a balance of 1081. to
hand. The reports of Cspta. White and Curry furnished
to the meeting, affords a favourable 'dew of future im-
provements, and the tribute ground especially, which is
laid open, can be taken away at a low tribute. Tin, esti-
, mated at 601., was sampled on the Bth ; and about 100 tons of
'copper ore will be sampled on the 23rd inetant. The half-
yearly mating of the Imperial Braziliaa Mining Association
was held on Thursday. The produce of gold for the six
months amounted to 2621 be., realising 10,3321.. and the ex•
peediture about 9,9181., leaving a balance in favour of the
company of 4131.-the reserved fund being 26,0001. By the
proceedings at the meeting, we find our intimation of last
week, relative to the appointment of Capt. Joel Hitchine as
the chief manager at the mines, is confirmed. In foreign
mines the following &barest have been dose during the week-
viz : St. John del Rey, United Mexican, Copispo, Imperial
Brazilian, Bolanos, and Australian. St. John del Beyshave
experienced a decline. North British Australasian shares
have been doe. at an advance. The Agricola dig-
charged upwards of eighty tons of copper regulus
ononday ; and, from some samples we have
sees, consider the avenge to be about 50 per cent. for cop-
per. The Chespside arrived in the London Docks
on Thursday with 110 tons; end the Isabella Marcus is
daily expected with 118 tons more from Sydney. We may
now shortly expect advice* of regular shipments from the
mine at Kamm, nth, furnaces were nearly completed when
the last letters were recelved.-The St. John del Rey,
Imperial Brazilian and National Brazilian ?dining Companies
have received despatches by the Penguin part, which
arrived at Falmouth, on the 13th Inst.-The Bt. John del
Re, letters are to the 9th of March, famishing the returns
kr the month of February, by which it appean a profit ot
3.2321.7. 4d. has been realised, the net produce being
18,120 sits , value, 6,8701. 10a. The supply of stone continues
favourable, but the Twangs for Much are likely to be re-
tarded, in anssequence dame breakages, and an unusual
ivieleat storm, which is represented to have dose considerable
as well as impeding operations. The manatoger
an explanation to the directors, in answer
inns inquiries relative to the Increased expenditure at
the mune. The reply is clear and satisfactory,
thawing that by an increase of 18 per ant. in the expendi-
ture, a profit of 60 per cent. has been realised. The Imperial
Brazilian Amociation have remind the remittance of 9311 m.
11 oz 10 dwts. S gn. of gold dust, value about 4,5001.; and
the report of gold returns from Gong° Sam, from Feb. 23 to
March 2,41 be. 0 cz. TO dens. ; Banana ditto, 17 lbs. 9 oz.
12 dwts. = 211 be. 10 es. 2 dwts. Total from the two mines
from the let January, 78 lbs. The National Brazilian letters
are to the 2nd March, and advises the gold returns from
Coeses, from the 14th Feb. to the 2nd Marsh, at 19 mks.
3 oz. 6 oits. 45 ars. The prospect' are far more cheariog
than have been received for moms time pad ; improvements
have taken place, and as a junction of the Cacaos and Ban-
deira veins are likely to take place much shallower than
before expected, a considerable discoveryis fully antici-
pated ; we therefore look to the next advice' with much in-
terest. Letters to the 6th March have since been received,
givieg the produce from Ceiba,, from the 6th February to
the date of advice, to be 5 mkt. 6 dwts. 66 grs. ; total from
the two mines, inks. 24 4 30.