The Express.
London, England, 1853-11-26 00:00:00

LIBERTY MINING COMPANY.

Yesterday the first ordinary general meeting o
the shareholders was held at the London Tama ; Mr. B.
A. RIDDELL ID the chair.

The Szcanz.suz (Mr. H. H. Rood) read the report of
the directors, which stated that the total amount of gold
produced during the year was 666 oz. 6 dins., which was
obtained from the shoots and veins met with or cut through
in driving and sinking, and from a few backs left standing
in the old workings. Of this amount the diet ingot, weigh-
ing 20 oz. 9 dins. was sent to England, the remainder
being appropriated to the expenses of the mine. The
value of the gold thus produced was above 41. per ounce.
Oa the advice of Mr. Macdaniel the directors had decided
. .

on erecting one of Cochran's large-sised pulverising ma-
chines, which reduced or ground the ore to an impalpable
powder; and this machine, in conjunction with a
new apparatus for catching the free ;told and separating the
sulphurete, promised to realise results which would render the
shares of the company one of the most valuable investments
of the day. Mr. Macdaniel said he thought the yield of the
ores might be fairly set down at 2/. per ton. The directors
regretted that the expectation they had entertained of being
in a position to declare a dividend for the first year had not
been realised ; but they trusted that now that the mine had
been sufficiently developed to supply 150 tons of ore per
day, the recently erected machinery would render future
dividends a matter of certainty. In order to enable the re-
sident director at the nines to meet the extra expenses oc
easioned by delays, the board had been eesyNMd to issue
3,000 additional share, and as it might be .ese.ary to issue
the balance of 2,000 nes, they recommended that the
capital should be increased to its original mount of
65,0001. The financial statement showed on the debit aide
issue of 60,000 shares, 60,0001. ; loan on MUM of 3,000,
3,0001. ; total, 63,0001. On the credit ride : purchase
mossy for Vaucluse and Grimes Mines 60,000 L ; cash re-
mittmose to America, 10,8431. 10s. ,• various smaller items,
1,6941. Os. 2e. ; total, 62,5371. 10e. 2d. ; leaving a balance
in hand of 4621. Os. 10d.
The CIII.III3tLX, in sieving the adop don of the report
and balm* skeet, soil that document Me meet-
iag et the Misdate and Ulan, iteiminineten of which
the aim bad not yet been brought Mb nominative
waking, and the beard wee unable to logien a dividend.
It wee ceneollog to know, however, that eiheragh they
bad not mosey in hand for a dividend, deep hod enough to
pay a good dividend ten times over in the aim only waiting
to be crushed. (Cheers.) In the report of Captain Phillips,
it was stated that there were reedy no less than 100000 tons
et geld on, worth 2L pee too, making a total of 200,000 L
Wittenella result they surely ought to be satisfied. (flem)

.. . . .
The repot and bel;see shoot_ woo this adopted ma-
simously.
TM retiring directors were meleetod ; two auditors ep-
=asi a veto of tbanks gives to the eitairnsaa end
for their unwearied end roceserfni 'Mate during
I dim gut yew.

MAILS FOR AUSTRALIA.

Poer•orrtcs, NOVEYBEI, 1863.—The
me mile he A. will be forwarded by the Matilda
Ira Wabash. slippy shlgh the owners of whisk have
millimed into a eaaixast Or thelparpose with the Postmaster
OtmeraL This lama b waisted to be dispatched from
Liverpool ea the arming of the 4th December next, and
all letters sad asmigsgem for South Australia, Victoria,
New Smith W. sad Vat Diessa's Land, reaching
Liverpool prnkwe to her departure, and not addressed to
be sent by say Mbar yowl, will be forwarded by the
Matilda Watteabeek. The packet rates of postage will be
chargeable on letters transmitted by the Matilda Watten-
bach, but no charge will be made upon newspapers. The
mails to be conveyed by this packet will be made up in
Leaden oa the evening of the 3rd Demobs; end at Lim-
pool ea the morning of the 4th December. These post-
metro whose instructions direst them toad their letters
to Liverpool by cross poet, will of course forward the cones-
pondenoe intended for these mails in the 'ease manner.

VISIT OF TUE COIIBT TO 081301IN1L--PO3ISMOUTB,
PROWL—Her Majesty and the Court an apead
arrive at this port at half-part 12 to mammy. as mule to
Osborne House, to remain there till Christmas. The Mg,
steam yacht, has orders to convey the royal party elm
from hen to the Isle of Wight.
DIAWLNO AS A BRANCH OF NATIONAL EDIICA.
vion.—The Board of Trade have just based a circular to
the masters of schools throughout the kingdom in ocanexion
with the Department of Science and Art, with a view to
collect evidence as to the best modes now practised of
alksesig elementary instruction in drawing. The marten
UPI alliked to express their opinion-1. As to the extent to
111611 'key consider drawing can be taught to a child In
me Saar A-week, or, considering vacations, Ae., about 40
benemper ; 2. The promos in detail by which such in-
elmellen out best be given; 3. The character of the ex-
empla to be used, and some deflation of the stages in which
Ibey *geld be used.