The Express.
London, England, 1858-02-02 00:00:00

MINIM-THIS DAY,

Two o'CLoar.
The market for British mining stocks remains
strong, but business is restricted by the absence of
sellers. The tendency of prices is still in moat
came upwards. Par Console shares are in demand.
and are marked in the Stock Exchange 191.
Sortridge Commis have been dealt in at 11.
In foreign mines Santiago and Poutgibaud
have met with some haziness, but exhibit little
change in price.
Subjoined is the official list of prices in the Mining
Exchange yesterday.:
Bast Roeserarue, 16e. • Rut Russell, e 1; Great Alfred,
41, 3s.Bd. Jllagetoa Down, 31, f; Kelly Bray, 11, 2; Provi-
dence Mines, 671, 691, 71; llortridge Consols, 275. ad.,
28e. ed., 29e. ed. • South Prances, 210, 216; Tincroft, 1;
Vale of Tony, 20s. 9d., 21s. ed.
The prospectus is issued of the Western Africa
Malachite Copper Mines Company (Limited), with a
proposed capital of 126,0001. The nominal amount
of the shares is fixed as high as 1261, and the de-
posit at no leas than 861. per share. Messrs. John
Taylor and Sons are the managers. It is mentioned
that the object of this company is " to work on an
extended scale, and with efficient means, a mineral
deposit of extraordinary richness, situated at Bembe,
near Ambuella, in the district of Encoge, in the pro-
vince of Angola, Western Africa." The mines, it
r9pears, were granted about two yeahago by the
King of Portugal to Mr. Flores, a Brazilian mer-
chant established in Angola, and to Messrs. Pinto
Perez and Co., of London. We make the following
extracts from the prospectus:
_ _

In order to ascot, quiet possession of the mines to the
grantees the King of Portugal agreed to send a sufficient
military force foe the establishment of a fort at Bembe, the
pantiles undertaking to defray the expenses of fitting out
this force and the cost of constructing the fort, and to pay
160 soldier, end their offices, dating one year, all of which
has been done. During 6vs months of tut year commencing
February, 840 tons of malachite were raised, out of which
146 tone have been received and sold in this country. The
average produce of pure copper was 60 per cent., and the
price obtained nearly 661. per ton. Subsequently the pro-
' dace of the mines, with only a limited force, and notwith-
standing the absence of the mining agent, hu been, according
to the last 'deka, regularly kept up. The mines are situated
in a low range of hills, about 80 or 100 miles from Ambriz,
the seaport, and the expense of transport of the malachite to
this_ place is between 3d. and 41. per ton.
The lease is to be for 999 years, at a peppercorn
rent, subject to the following conditions :
The consideration which the vendors of the conceeeion and
mines are to receive for such hue and tranefer of property
is 80.0001. to be paid to them out of the first deposit mow.
But wishiner to retain a large interest in the undertal,
the maks ft • condition that they shall be allowed toenS-
scribe for 700 shares; and there consequently remain but
800 shares for allotment among those who desire to join
them in this enterprise. The money raised beyond the
800001. above named will form the working csMtal, and
this sum has been estimated by Messrs. Taylor to be amply
sufficient for giving a very rapid development to the mines,
and for fulfilling the conditions attached to the ooneasetea
by the ?Magness government.
The Rhyme; Iron Company announce • half-yearbr
dividend of 11. pn. 601. share, and 64. per 151. share, payable
on the late Match.

Mow Dam Evan's.

The market for home mining stooks remains de-
cidedly firm, and prices retain an upward tendency.
The inquiries were brisk to-day for shares in Vale
of Towy, Wheal Edward, East Tolgus, South Cara-
don, South Frances, Rosewarne, North Basset, Pro-
videnoe.Minee, Wheel Margaret, Great South Tol-
gus, Wheal Bitty (St. Agnes), North Crofty, North
I Roam, Wert Damsel, Tincroft, Wheal Buller, De-
von Great Console, West Caradon, and Great Hewn
Mines. The following may be given as some of the
quotations current at the close, viz.:—Vale of Towy,
20s. to 225. 6d. ; Wheal Edward, 8; East Tolgus,
65 to 66; South Frances, 220; Rosewarne, 24;
North Basset, 16* ; Great South Tolgus, 15i ; Pro-
vidence Mines, 67 to 69; Wheal Margaret, 56 to 68;
Wheal Kitty (St. Agnes), 4 ; Alfred COllllOlll, 14i ;
Pendeen Consols, 3i to 4 ; Sortridge Consols, 11 to
11 cum div. ; Lady Bertha, 21s. ; North Crofty, 4i
to 5 ; North Roakear, 25 to 27 ; West Damsel, 95 to
100 ; Tineroft, 41 to ; West Fowey, Si ; and Par
Consols, to f.

NEW SWEDISH LOAN.

(sT aux-rale raLloz.tra.)

(mom OM OWN

Imo.)

HAMBURG, Moan►T.
Marrs. Solomon Heine and Co., and the North
German Bank to-day publish a prospectus of a new
Six per Cent. Swedish Loan, to the amount of nine
millions mares bane°, which has been taken by
them, and which is repayable in 1866.