The Northern Daily Times.
Liverpool, Merseyside, England, 1857-04-10 00:00:00

LONDON MINING MA.RIiET.-APRIL 9

There is no new feature in the market for home
mining stocks to day. No transactions are reported in
the Stock:Exchange, and the business in other quarters is
unimportant.
In foreign mining stocks the dealings have been more
numerous than :of late, but prices exhibit little change.
National Brazilian are marked: 2 and 21 ; St. John del
Rey, 20i ; Cobre, 61 and 62 ; General Mining, 14i ; Mari-
quite, 17s 6d ; and United Mexican, 31.

The Moniteetr publishes the report of the jury Charged
to award the priie of 20,000 f. given by the Emperor
annually, for a period Of five years from 1853, as an
encouragement for the cultivation of cotton in Algeria.
It commences by remarking on the great drought which
preirailed during the last season in the colony, and which
materially affected the cotton plants, large quantities
having been destroyed for want of rain. This circum-
stance, however, is not considered by
.the jury as an
argument against the.climate of Algeria for the growth of
the plant, as it is stated that, even in unfaSourable
seasons, the quantity produced has remunerated the
growers for their labour. According to the calculations
made at the end of June last, the extent of ground under
cotton cultivation amounted to 1,923 hectares (2/ acres
each.) The plantations inscribed to compete for the
Emperor's prize were in extent 231 hectares, being more
than the preceding year. The report states that the
attention of the natives towards the cultivation of the
cotton plant has much augmented, and had extended into
parts of the country where it had not before been at-
tempted, particularly at Tebessa, Souk-Arras, Bordjbon-
Are Ridji, Nemours, and Lalla Maghrnia, and also among
the tribes in the circle of Bona, La Calle, and Djidjelly.
The report observes on the improvement which has taken
place since the preceding seasons in the management of
the plants, and which cannot fail to develop itself still
more when the planters have acquired more practical
experience. The jury, by way of encouraging their
exertionsi allude in their report to the commencement of
cotton cultivation. in America. In that country as in
Algeria, the growth of tobacco preceded that of cotton.
In 1785, the United States only exported 14 bales of
cotton ;in 1786, 6; in 1787, 109; in 1788, 389; and in
1789, 81. Thus at the end of four years, the annual
export of the United States had not reached 400 bales,
whilst at the end of the third season the export from
Algeria has exceeded 600. The planters in Algeria have
already obtained two important poling towards competi-
tion with the United States—quality and equal yield,
according to the quantity of ground planted. There
remains a third to be attained, and that is the extent of
production, which can only be accomplished when the
number of hands employed cart be suflicently increased.
The report suggests that the governinent would do well to
accord special encouragements for works tending to facili-
tate irrigation, and then mentions the plantations, to the
number of six, which have competed for the prize,
that of the Campagnie Meridionalo, represented by M.
Rouchouse, 80 hectares ; M. Graillat. 46 hectares ; M.
Peres, 26 hectares ; M. Colonnade Tinarca, 18 hectares ;
M. Beringuier, 38 hectares ; and M. Grim', 24 hectares.
Each of these plantations is spoken of in terms of the
highest praise. To the first, as being the largest in extent ,
and in the finest condition, the jury proposes that the
prize of 20,000 f shall be awarded. It also recommends
that a gold medal shall be given to M. Graillat, not only
for the perfeetion of his cultivation, but for the organisa-
tion of a manufactory at Mostaganem for cleaning cotton ;
and an honourable mention to M. Peres.