The Express.
London, England, 1853-01-08 00:00:00

GENERAL MINING COMPANY OF IRELAND.

The half-yearly meeting of the sharenoio...-
4:emptily was held at their offices, In Dublin, on Thursday
last; JAMES PERRY, Esq., in the chair. The following
report was read by the secretary, and adopted without
opposition:
Your board, in reporting the progress_ made in your
Sake for the past halt-year, have pleasure in being enabled
M state that the nett profits are 7,9731. Be. 6d., exclusive of
3,3581.95. 84. expended iitpermanent improvemen.s at your
Mines, and for surface amommodation at Luganore.
"Tun BLIBTARDAOIL COLLIERIES, COUNTY TUTS-
SARY.—The profit remised from this concern is 8261
exclusive of 2251. 7e. I Id. expended in permanent improve-
ments. It is gratifying to state that the *ales have increased
gradually for the last three iears, and that there is good
prospect of further increase. fhe quantity of coal and culm
sold in 1850 was 21,179 tons; in 1861, 26,179 tone; and in
the Peet yew. 29.733 tons.
"LINNAEUS COLLIERY, COUNTY Conn.—An excessive
expenditure of 1611.65. 3d., besides the produce, has been
made in extending the tunnel towards the sweet vein of
coal; but as an increased produce can now be obtained'
from the colliery, and there being a better prospect of sale,'
it is expected that this concern will yield a moderate return
from henceforth.
" THE KNOCZNAHON COUPERXINSS, COUNTY WATER,-
roan.—The important discovery at your Knockluabos
Mines, noticed in the last report, has proved productive.
The result of the entire working of the mines during the
past half-year shows a profit of 6,6401. 10s. 7d., after charg-
ing the mines with 1,7931. Ts. Id., expended in permanent
improvements. The general appearance of these mines is
considered satisfactory, and an engine having been put to
work at Tankardatown Mine on 24th December ultimo,
will enable this mine to be explored with increased vigour.
The board having also received possession of the adjoining
royalty, &afield, are exploring it with energy ; and as this
property is a continuation of your mines, it may be consi-
dered an important addition to_ your interests in this musty.
" THE LUOANUNI LEAD MINES, COUNTY WICILOW.
—The profit realised from your Legman Mises for the
past balf-year is 1,9251. Bs. MM., exclusive of as expendi-
ture of VIM 9e. 24. in extending the works sod fur sur-
face accommodation. The prospects of this cenarn are
satisfactory, and the recent advance in the price of lead en-
courages the company to prosecute the work with vigour.
BALLYCOLUS LEAD WORKS COUNTY DunlArt.—A
profit of 3131. 7s. 64. has been realised at this ceeners, ex-
clusive of 901. expended in putting Use works is red order.
" KILLOUOIIILLY DUD ROYALTY, COUNTY W/IXTOTLD.
—The board have expended 161. les. 3d. in searches in this
royalty for minerals.
EIALLYOLANNAN LEAD ROYALTY, COUNTY
KEta~
An expenditure also of 201.65. has been made on this
royalty in endeavenriog to discover minerals.
Tun AUDLEY SITATE.—YORT beard have pleasure in
stating that this property was sold on the 9th of November
last, and that since the closing of the accounts 12,0001. has
been received on account of the company's claim,_
the
balsam of which is expected to be received shortly. Year
available assets, eoadotlag of missed peedeas fa bead, good
debts. cash, materials not aseyl, and advances ea seseuat of
the current half-year, amond to 42,1121. 17s. ed., which is
exclusive of the cost of mines now wanking, including ma-
chinery, millsitits, watercourses, Ile., 16e. And
your liabilities amount to 4,1921. butes stated in the accom-
panying account herewith prat enA duly audited. Your
board recommend that a dividend, tithe rate of 10 per cent.
per annum, be declared payable on and after let of Feb-
-.yr next."