The Express.
London, England, 1853-02-24 00:00:00

JOINT STOCK BANKS.

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WIDNIIDAT EVIINIXe.
There was a good average business in British
mining stocks to-day at about yesterday's rates.
There was an increased inquiry, however, and an up-
ward tendency for the undermentioned adventures,
vis., Alfred Consols, Herodsfoot, Trefusis, and Bell
and Lanarth.

The gold mining shares remain firmly supported,
and to-day there were increased inquiries for se-
veral descriptions, including more especially Colonial
Gold and Nouveau Monde. As of late, the chief de-
mand is for the Australian adventures. This market
closed firm, with an improving appearance.
The shares of the Mexican and South American
Company to-day reached 71.
Anglo-Mexican Mint shares mark 231 in the offi-
cial list.
The non-official quotations are :—Anetzalsaian Coal'
Mining, 1 to t prem. • Australian Mutual, par to
rem. • Adelaide Land and Gold, / dis. to par;
Chartered Australian Land and Mining, 1 dia. to
par ; Lewis Hill Range, to dis.; Melbourne
Gold, to per share; Garnett and Moseley,
par to I prem. ; Golden Mountain, to die.;
Burns' Creek Gold, I die. to par; L'Aigle d'Or,
die. to par; La Peruvienne, par to pram.; Bra-
zilian Diamond and Gold, par to prem. ; Gladbach
Zinc, 11 to 21 prem.; Portland Iron, Ito prem.;
Sulphate of Barytes, dis. to par; Banana Range,
to ; Worthing (new shares), Ito I dia.; Kenmare,
to I prem.; South Cork Copper, par to / prem.;
Glenaulin, par to I prem.; Connemara, to; prem.;
Carberry West, par to I prem. • Jamaica Copper,
to prem.; Port Royal and St.' Andrew Copper, 11
to 2 prem.; South Devon Consols, I to 3 prem.
We have on several occasions drawn attention to
the probability of the copper regions of North Ame-
rica being called upon to meet the increased demand
for this metal, especially since the late advance of
upwards of 100 per cent. in its price. Several asso-
ciations have lately been brought forward with this
view, and to-day we are informed of the formation
of a company, which, under the title of the Nova
Scotia Mining and Copper Smelting Company, pro-
poses to work the larr copper mines on Indian Point,
a promontory in the Bay of Funday, distant only
nine days by steam from England. The capital is
fixed at 500,0001., in 50,000 shares of 101. each, with
a deposit of 51. per share. The conditional par- '
sham of a territory. of twenty thousand acres,
stated to be excessively rich in metal, has
been concluded, the purchase-money for which will
be 13,5J0 shares fully, and 20,000 shares half paid
up, leaving on the first call a working capital of
82,5001., which it is believed will be sufficient for
working the company without further calls. Sur-
veys on a most extensive scale, and reports on the
ores, have already been obtained from a great num-
ber of practical and scientific, men, including Sir
Charles Lyell, Dr. Ure, Mr. Adam Murray, and
others. The report presented by Mr. Adam Murr
is :of the most extraordinary character, as regards
the value of the property, which he estimates at
upwards of nine millions ;sterling, with the price
of copper at 601. per ton only, the present
price being 1401. Iron ores are also stated to
I exist in great abundance on the property, and the
facilities in the shape of fuel, water-plwer, ease of
working, &c., are described as being peculiarly
great. The great line of railway from Halifax to
Quebec, already surveyed, is also to pass through
the district. A charter has been applied for, and, if
I not obtained, application will be made for a colonial
act, limiting the liability of the shareholders.

THIS DAY.—Two o'CLocz.

The Fold mining shares--- are firm to-day, but there
is no increase of business, and prices exhibit no

• -
change of importance.
Coke shares are rather better, marking 42j, but

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