The Express.
London, England, 1853-04-14 00:00:00

iE01:19.

BadmaB dam
I• tads)
87
73
pm 10f
Pal I!

811. M.
10,018 130, 4u•traliss AITL..I 33 23 90
30 Brit.AmmiesaLsod 3-4 73 77
123,71! 11K. Brit. Aut. lAied eli 1# 11 pm
1 Do. Preforms's— all
120,000 3 Prelltiv.l.mi.ll3l4l. all 31 3f pail 101
Homo. 1 Sost7bibkust.lasest sli 2 psi 21
11,700 25 9. Aastralia9 bad 15 43 30 431 94
15.000 too Yen Diaossiesbatt la; 19 :0
The following are this day's sales for the account:
Arabia Coal and Iron, 7I ; Australian Agricultural. 92 3 ;
British American Land, 78 ; Crystal Palace, 64; General
Screw Steam Shipping Company, 11; N. B. Australasian
Loan and Investment, 21 ; Peel River Land and Mineral,
101 ; Scottish Australia& Investment, 21; South Australian
Land, 491; Van Dievasa's Laid, 201 1 99 1.

Orill
Pd prices
yesterday,

WSDNSSDAY BY/Dffife.
The market for British mining stocks to-day. has
been quiet. Although there is a fair general business
doing, the fall in copper and tin seems to have checked
purchases. There is no doubt this reduction will
have a sensible effect on the value of some of the
high-priced shares which•have lately experienced so
remarkable a rise. The following sales have been
concluded :—South Basset, 610, 615; Dolcoath, 105
ex div.; West Providence, 54 ; Wheal Trelawney,
65, 66 ; Cefn Bruno, 101; West Caradon, 305; Wheal
Mary Ann, 42; Alfred Consols, 181, 191; Trehane,
27, 1; °rambler and St. Anbyn, 29, 30; Herodsfoot,
15; Keswick, 10, 11; Trebarvah, 111; East Seton
and Mend, 51; Wheal Carpenter (Gwinnear), 9, 1 ;
Wheal Lemon, 61 • East Arthur, 12s. ; Herodacoembe,
11, 3 ; Trebell Consols, 11, 1; Bedford United, 101,
; West Ding Dong, 121; Cwm Darren, 165., 17e.;
Vale of Towey, 11; Cwm Erfin, 15s. 6d. ; North
Damsel, 275.; Penhall, 11,/ ; von Barra Burrs,
71; Wheal Vl'rev, 21; Weston, 11, 2; Wheal Zion,
51. 1; Spearne tonsols, 11; Ludcott, 2; Aubin Coal
and Iron, 21 to 1 prem.
The Californian Gold Mining shares appear to be
well supported, especially the Agua Fna, which
were decidedly better. The shares of this company,
and the Nouveau Monde are well bought. Australian
descriptions, on the other hand, were rather flat, but
the whole of this market was firmer at the close.
The settling has an unfavourable effect, owing to the
number of weak " bulls," who are forced to pay
heavy rates of continuation. On colonial gold as
much as le. per share was paid. On Peel River the
rate ruled at 1-32 to 3-32. After falling to 5 to ~•1,
these shares closed 51 to '' prem. At 4 o clock, colO•
nial gold were quoted' 2 to 21 prem.; Port Phillip,
1-16 to 3-16 prem.; British Australian, 5-16 to 7-16
prem.; Agua Fria, 1' to 11 prem.; and Nouveau
Monde, 13-16 to 11-16 prem.
Linares shares were firm in the morning, but
closed flatter. Rhymney Iron were 11. lower, but
United Mexican slightly improved.
A reduction of 41. per ton has taken place in the
price of English tin. The present prices are :—Re-
fined, 1151. per ton • Block or Ingot, 1121. per ton ;
Bars in Barrell,_ll3l. _ _ _

It is noticed as something remarkable that al-
though a few months ago copper was so scarce with
large orders on hand, leading to the expectation of a
further rise in prices, the copper smelters should this
week have come to the sudden resolution to lower
the price at a time when no increase in the pro-
duction is perceptible. We understand the reduc-
tion in price is not generally acquiesced in by the
trade. _ _

The effect of the reduction upon some of the Cor-
nish mines, the ores of which are of low produce, is
received with some uneasiness. The late rise stimu-
lated the working of many copper mines of low pro-
duce, upon which expenditure and profits were
nearly equally balanced, and, should the present re-
duction be maintained, some of these mines will have
to close again.
At Wheal Seton meeting, held on the 11th inst.,
the following account was produced, and a dividend
of 41. per share declared :
Costs and merchants' bills, January and
February
Copper ores sold (less dues)

Profit

Balance from last account

39S ii 10

£1,019 9 1
792 0 0

Dividend of IL per 108th share

Balance in band £227 9 1

From the report presented, it appears that the
mine has improved lately. Thu following are the
principal productive points at present :—The 100
fathom level west of Bull's shaft is worth 351. per
fathom. The 100 east of Tilly's shaft is worth 70/.
per fathom, and the same level west 401. per fathom.