The Express.
London, England, 1849-07-31 00:00:00

2e. IL ref share was deemed neseemry for the further pro.
mention of South Tamar, Gad made aoreedistl. The rainsl. represented to have on &spree , and that 45
tone of *dumbed ore, it expected, will be ready fur
filinlelle" by tie
si; of mat month.
▪ Osidol muting was held cm the 20th, when the
nesourde for &MT mouths isp to Jen*, were audited, 'Monism
• balance against the adv'esterites of 3761. ltd., to must
which and for farther workless, a call of 60e. per share was ,
Mule of• start/Ay rural Bootleg of the Peasant and Cowie. '
wee Cumuli was held at the ales as Thursday lest. This
report woo nawskiered to he satisfactory. /t shows that the
stiewary masisbery (the want of which has se mach retard-
ed the of the undertaking) is now em Its way to ,
the WINO. It WM muted et the nesting that the estimated
ease eters kM eyes is 10,000 i., sad that aeowsidershle sup.
was reedy at suttees waiting for the crusher. The h dense
in elm «amuses kande is 8441., is addition to 10931 10s.
mutes of calls, and Is respect to which it wae resolved that
all @are. is which such calls are due shall he forfeit.",
sec psi" before the espiratioe of one monde. The neochieery
has been constructed by Mews. Taylor. of the Adelpni, at
eta Reyby-Mwyn Foundry, seat Mold.
At the West Howes meeting the accounts showed •
basses R&M the mine of 2634.45. 10.1. A call of ss. wee
nude.
A. the Caution Wheal Hooper metier the atemuts
showed • balance in favour of the mine of 2041. 10s. A call
et 21. per share was made.
The report read at the United Muckiest meeting gives a
clear exp Aitken of the affairs of the company, which are of a
leghiy promising character.
The Cowie* haltyeerly meeting was held on Thoreau,
when the belanoc-sheet presented showed acredit of upwards
of WU in favour of the company. Tre directors. report is
wry emisfectory, and sitting that 1,012 less of copper ore had
arrived rims tle last meeting; 562 toes had he's soid.
realising 191. 14.. per ton, by which a net profit of 2,1004
had been made. By the snivel of the Balgounie with 450 t as
950 ton. remained at Swansea for saes, whilst &smock eta Is.
er of e remeir Feat Copiapo amounted to 1,350 tone. In mese.
queue of a deficiency of mimeo at the mines, the (strews
bed very laudably chartered • vessel to take out a company
of 15 Reek& miners and an agent (with a quiroil of ne-
se. ary materials), whom moperation would he te u• d more
• .les tie than satire labeeren. The acquisition of • large
in mat in some valuable silver mines, since the last meet's'.
lee placed the compare in a moat import .at and improving
po•iti.n IN9 mute of silver, the produce of too mines,
WIN re caved, by the Tay, on the 3rd in.t woke have
realised 2,2441.1 I. 2d., and a further retartsece of 2,000
mares is expected by the next mail. The last 'deices from
the sines WO of a very gratifying eheracter ; reclusive of
the flourishieg politica of the cultivated ground for the men
and sleek, they have three gold mines, trots which returns
may he expended very shortly. The present prospects of the
ewe-tinily are certainly for more favourable than they have
be en tor many yeus.
A meeting of the Bolanos shareholders is to take piece on
Wednesday next, when we trust to me a fall attendance,
end th.t the result of the discussion will be • determination
•he part id the propel tore to secure to themselves the ad-
•eutate. which the promising in lications of the Cerro del
Dee Mine hold cut. Advice, from Me lieu, received oa tee
23rd inst. are highly eneneraging, a. briepleg the desirable
lamination that the new steam-engine is quite espeble of
Paraterine the water, sod that the operations, which had
been stopped by the water, can now he presueted with
rigour, in order to penetrate to the productive part of the
mine. There dots sow appear wantir.g nothing hut the re-
c vary capital required for developing the resources of this
prosier g mine ; and we Omit the mon the shareholders
hey, bad, in tl • too hasty recrifice of the Iteal del Mont
111.oes will urge them to prevent similar rum in the It; Imo.
prdperty, whisk now holds oat cheering hypes of an early
pr tioitile result.
Referring to the Welsh lead ulnae, in the City Article of
sot we. k, we observed that several mines were ' fatefully
cramp( el for the want of • more efficient cube quer to lung
t 1 em into a p-sition of paying dividend.," its. The refs
ears was not directed towards any perimeter so • piny, but
merely meant to represent generally that if a greater eminent
et capital were employed in &fewest and important mining
district, so that adequate maul Jury could be erected, teem
terns would be accelerated sod profits divided. 1.-deed we
know et assay mast promising mine", bode is North a. d
Bluth Wsles, which aro w. rked chiefly by private enter
pries, whose misfortune it is to hay" as inadequate a eepiral
that the seserseary machinery can only be erected frem the
puts. Theref.re, however gratifying the prospects may
be, their progrc s must be retarded. We give t' is ex: I MO-
Hu le consequence of some sharthoid- rs in Cum Bean,
It et Lli, & haying thought the orserra ions Weaved to
them mines—hers quite groundless, as they must know
epeir ',unmet' and fineneial pp.itioer nu in good r pm*.
The Alt& Mines report for the month of lime h • been
reemud. The utimat.d uterus for th • month ace given at
11l inns. The Ralph Mine is ',presented as imero.in" ; in
tl • 20fm. level, the 1.,110 is 6lt bite. Producing 6 f'"°° of "Ir'•
per fathom. The Old Mine holds out appearances of great
; the apparent decrease in Marne may he 'reit aced
to the men being employed on other rumour, work. Tee
et, r mines are ia much the Name pusition es last r' port. el.
and mill holding out a prospect ore muierative store.. The
irot revetments whklt are mainly i 3 be attributed to the in-
tro ; steam of le tribe.' system are such se fully *n iwoify
the adoption of that judicious seethed of working The ego-
IWO • for the menthe of May, June, and Jule. 1818, were 27
tenant fine copper ; while the estimate, for the con eland
In" period thie year are 32 toes, being an increase of fi eon..
The return* for the month of April have ex :ended the Ad.
nees by about '2 tons, and fully corroborate the favourable
aotiMpatiens which we had previously expressed.
The Boluses Mines letter. are to the 4.h June, end wore
reeeived on the 23rd jest. The engine at RI Bde Mine had
bees completed, and the water drained in Sea Geier° shaft,
so to enable teem to commence driving Taylor'', creme cut,
whi-b had been extended 11 van during the •cre le Open'.
ti it. had commenced, and preparcions staking, at the dif
hunt points from whence ore wee. and expected to ht.,
Msed. Doting the lest fartnight 182 cargos had twee ex.
ratted, prinaipally from the Con panic level use', Tim which
hal Owe failed; still their auticipation of lunar .1 improve. ,
most is reasonable, as they Tad Not reached the ore ground
to which they were approaching.
The Australian Mining Company have received advice..
hein the Mines to the 7th April, from which It appears that
eb .ut 730 tons of ore have been raised from the c lenience.
meet. At Ansley's shaft, the °meek= in the 40 (atheist
levs I, south and south of O lid'. went continue productive.
whtete has recently improcd by a discovery of a mums of
rich ore, running on the °Reeks wall of the. lode. Is the
kite in the 40, north from Harvey's crosscut, a course of
sells' ore has been cut, averaging lull 26 per cent for copper.
The lode south from the crescent, in the mine level, is eon
adored equally valuable. Other points are considered equally
important. 36 MU are engaged in railing ore, and 100 tone
may he expected for the month of April. The proep, eta of
the nines are encouraging. with every 'preemies of ere.
greedy, Improvement.
St John del R y directors have received advice. from the
Millie to the 18th May. The gold extracted from last ate.
meats to date wee 7164 oits.; the sopply of stone was chi, fly
bore the refuse heap.
From Barone Rouge adviees have been received from
Adelaide, which we hope to give in oar seat. The reports
from the mints are favourable, and 40 tons of rich ore
(worth 8001.) were shipped for the company ile April last.
By letters received, dated 13th June, we learn that ac
ranuments have been made in Maxie' for the purchase of
the Reel del Monte Mine.. It appears that a company is
ie coon, of formation, with a capital of 700.1100 dole, in 150
sh.u.. of 2,000 dole. each, the property luring valued a•
310,000 dole. Some shares are reserved for such parties in
Borland who may be inclined to take then.

B 7 the espial, reetovrd on Tuesday, in anticipation of the
lodt in mail, we learn that the metal market et Calcutta hes
decidedly improved for topper : there is an upward tendency.
For iron bar a moderate demand continues, and some eater.-
*ye vim effecoed ; but the inquiry for sheet end hoop had
• little subsided. Load, steel, ant *pellet, continue is fair
demand. The Hong Kong metal market dce s an present
soy apparent improvement, although business is repor ed in
copper, load, tin-plates, iron, steel, &e , at nearly former
quotations.
We learn that the mining interest were Buffeting from a
searcity of money. It cannot be supposed that mine
will pr .vs a Bum Burrs, where little or no capital was
"equiv. dto make her a paying mine. The numerous sett.
were taken up, no doubt, under the impression .het it was
only to drive, or sink, and fled courses of ore; hut it will be
found there, as it is here, and in all mineralised district.,
that lime aad cordial mast be obtained to secure a remuno
votive retina. We believe that many of the mines now is
e one of operation will, with father anee and money, rr vs
pond and ladies Wass ; but whether there he a suMrient
fl a•i• g capital is the *rimy to bring them iron a state of
p,wigetivenese, will take the evident* of time to prove.
The arrivals of copper during the week hove been, fa
adddion to 200 tans ad copper ore from A admits, 7,108
ingots frem Be. Petersburg sad 26,364 from Coquimbo,
Valparaiso 1,143 bare, Iquique and Arita 1,698 bags, sad
from the Cape 2 casks of