Northern Times.
Liverpool, Merseyside, England, 1859-12-13 00:00:00

According to the reports furni
upon which they implicitly rely, ti

is well knoll
Fortune, V

Bolton, and 'Wheal

Will7ll\a,iiiri,ginodoenttohetheeast.estwohfePale,ntbnenrathisy
oCnrtehftess,
oasuthwbeolluna—s
dary, \there, from one lode only, £l,OOO worth of mineral is
being raised monthly.
Penberthy main lode (from five to eight feet wide) was
extensively worked about thirty-five years since to a depth of
110 fathoms. Large quantities of rich ore were taken away at
each level, and the backs worked on tribute,. at from 2s. 6d. to
rrti 7 .7 * is a tin Pltegt v. nt is from six to

is. in the ILI. Tne Forte ci,
seven feet wide, and is worth from six to eight tons of rich
copper ore per fatl.oll] j there is plenty of valuable ore ground
laid open, sufficient to employ hundreds of Tributers. Many of
them have already applied to the manager on the works for
permission to take pitches at from 2s. 6d. to les. in the £l.
These extensive works were suspended many years ago,
owing to the price of all metals having then, considerably
fallen in the market, and the inability to obtain, during a
season of great commercial depreision, sufficient capital to
carry on the working of the mines with vigour and energy ;
although for several years prior to the stoppa.e of the mines
the annual returns of tin and copper ore exceeded in valac
£30,000. - _ _ . .

Since this period, the burrows on rcnberthy Crofts (left by
the former company as worthless) have returned upwards-of
£5,000 worth of tin, and arc now bring worked at a profit. A
small parcel of ore is now on the mine.
The directors are advised that £28,000 will probably suffice
to bring the mine into a state to pay costs, but, with the view
of enabling them to make it as remunerative as possible, they
have fixed £40,000 as the minimum capital on which to base
their operations, and unless £40,000 shares are subscribed for,.
the deposits paid will be returned free from any deduction.
Many an undertaking of high promise has been brought to a
stand-from failure to provide an ample capital ; _and the public
will recognise in this provision a, guarantee against such a
contingency in the present case.
The reports and extracts; with the .coin explain many

a
is
s
term,
of
Which
thei
nineteenzarnacan
irataloco lrdnre; are ~aa
moderate
:oiynitawh Ct7.ced Isuo.tnr
irreCdwP.uil:rseselicodlao,lani:oallinEothttrhitis.eoe,
ordinary
rlardhrseiti. dleilastnrcifsaliodraaenfsu:t
future,
hyreoet.efbaome ester
The property
24th June last at held
for a te
one-
twentieth upon all minerals raised; and agreements have been
entered into by which the lease, together with ail work done,
Machinery, and ores upon the mine, become the property of
thaelanebalance
u company,shares, fo for f£
1%5
,00.1;neviuzf.,4142eth0,;sifnIounrIvicytaphsphelaLid
up,
to
meet the claims of the promoters and all other parties pre-
viously interested in the mines.
The Liability of the Shareholders is strictly limited to the
amount subscribed for.
Applications for Shares, accompanied with a deposit of 2s.
Messrs.pc r share,
p flevaun. bN ec
aaddressedd tu
wt to the 115,r eGkrearys,
the Secretary, he
at t Offices of the Company, where samples
of the various ores may be seen.

e and extent of the discoveries
nt of the present, and the general pro-
lowing the extra-

FORM OF ADP

IN FOR SHARES,

To the Directors of the St. Aubyn Mineral Company, Limited.
Gentlemen,--Having paid into your account with
the sum of Pounds Shillings, being a Deposit
of Two Shillings per Share for Shares in the above
Company, I have to request that you will allot me such num-
, ber of Shares ; and I undertake to accent the same, or any less
number that may be allotted to me, and to pay a further sum
of Three Shillings per Share when called upon to do so, either
by public advertisement or otherwise, or in default that the
Deposit paid shall be forfeited ; and I hereby authorise you to
enter my name in the Register of Shareholders, and I under-
take to sign the Articles cf Association for the Shams that
may,be so allotted to me.

I Pro

,fession, Trade, c

potion (if

Agents in Liverpbol, Mc

B. 6: R. lIEAI.EY•

On Friday, the 16t11 instant, at Twelve o'clock, at Browne,
Hunter, and Co.'s Office, 2, Dale-street,
220 Bales Bombay HEMP,
About 63 cwt. Loose DiLto.
BROWNE, RUN PEE, & CO., Broker,.