The Express.
London, England, 1861-12-14 00:00:00

I _I

steady. Bon Accord are marked k die. • Dun
Mountain, k prem. and per; Great Nos
Copper (South Australia), and k premin.
Kapunda, 1 andlk prem.; and Scottish Australia
Mining, 1 and 1k prem.
At a meeting of the directors of the Wheal Coe-
,
cord Silver Lead and Copper Mining Company
(Limited), held on the 25th ult., it was resolved es
circulate amongst the shareholders a statement de-
scriptive of the progress of the company's operative;
which is considered decidedly satisfactory. The
statement concludes as follows :—" From the state-
ment of facts now made, the directors have great
pleasure in congratulating the shareholders on the
success already attained, and they have every rea-
son to believe that, as the mine is already well
opened, this undertaking will shortly Freya a first
class dividend mine." The annexed statement from
the agent was read : _ _ .

" 07i examining Wheal Concord Mine, I tind the craned
at the 38 fathom level is still in • hard capel, and from the
appearances of which we might suppose it to be the noeth
capel of the lode ; if so, we should hot anticipate meek
further to drive to intersect this south lode. The per
here is as fast as the Austere of the ground will admit,.
and I have no doubt that a short time now will prove the
important point ; and. if it should prove a productive lode, ter
which I see so reason to doubt, your prospects and pates
here will be more than ordinary, having the upper beds
within a short distance ; and the shaft will intersect the
mine lode in a few fathoms more sinking, and consequently
effect a great saving, not only of the money it would regale
to sink the shaft and open the levels, but the time in whisk
thiswork in being .lone, which is a very important thing -
mining. At the 10 fathom level east of the eastern shaft these
have been a few Lithoms of ground explored, which base
yielded as much lead ore es could reasonably be antici-
pated at the shallow level—so much as to work the grated
on tribute at 10s. in the It., and the men earn* gad
wages, which verifies my previous report that there use
e eery reason to expect lead at the shallow levels, bat that they
are copper beating lodes in depth. I can only repeat that
consider this a goal mining adventure, and if fairly prow
cuted, I have a...doubt that it will be attended with succems.*
The subjaeed weekly summary of the metal market in
extracted from the Circular of )layer.. von Dadelszen and
North :—" There has been no change of moment in the
position of the metal market since our lest report ; busies=
still continues very dull, operators not being dismal
to ester into fresh eugageruents until something mom
positive is known about our transatlantic complicate:a.
Welsh bars remain in the same positiou, quiet but steady.
From `.Staffordshire the reports are not quite so satidaelary.
The fluctuations in Scotch pig iron have been without it
the market closing steady at 1181. lts. ash.
Copper continues very dull, particularly raw English, whisk
can be bought trout 41. to 51. per ton under gesta-
tions. Manufactured can be obtained at 4d. per lb. =die.
bad prices. Foreign is neglected, and no business of im-
portance is reported. Barra, 1041. ; Espana, 1051. ;
Spanish, 951. to 971. ; Chili, 911. to 92. ; all nominal prices.
Tin remaius dull ; English unaltered. A few sales of drain
have been effected at 1171. 10a to 1181. cash, at which we
close rather sellers. Baca, nominally, 1211. 10s. The
Dutch market is quiet, at 710. to 728. Tin Slates we vesy
dull again, and but little business doing. Lead : Sines the
export has been prohibited, the market has assumed • my
quiet aspect, and prices are easier. Speller dull ; seamen
the spot here at Is'. 200 tons spring shipment have ha
reported at this price. Hull, 17/. 15s. to 181."