The Sun.
London, England, 1852-03-27 00:00:00

UNDER SPECIAL CIEARTER FROM HIS ROYAL HIGHNESS
THE GRAND DUKE OF BADEN.
THE GRAND DUCHY OF BADEN CHAR-
TERED NATIVE SILVER AND SILVER-LEAD MINES,
With a Capital of 72,0001. in Shares of 11. each, of which it is at
present proposed :o itnue 52,000 Sliitres.
No further Call to be made.
_

The Compaq), teing• under the law of "COtn mandite," no Deed
will have to be signed,- Rad no responsibility is incurred under this
law beyond the I/. per Stiare subscribed and paid up.

comistrrTEE or MANAGEMENT IN LONDON.
James Coape, Esq., Islttables, Is'e of Wight.
Alexander Henderson•Macdougall, Esq., Parliament-street and
Park-street, Grosvenor-square.
Sir Cavendish Stuart Rambold, Bart., Jermyn-streat.
Rowand Ronald, Esq., Manchester-square, Director of the National
Bank of Irelard, Old Broad-street.
J. Walkinsbaw, Esq., Sackville•strect.
COMILITTEE AT CAELSRIME.
Chevalier Frederick Fruttiger, Receiver-General of the Finances of
the Grand Duc of Baden
•

D. Abegg, Esq.; Commissioner of the Woods,
. _
Forests; and Mines
of the Grand Duchy,.
Dr. Charles Seubert, alto Polytechnic College of Carlsruhe, Pro-
fessor of Chemistry."
• RANKERS.
CoMpiercial Rank of London. 0
. Messrs, Haas Brothers, Carlsruhe.
CONSULTING ENGINEERS.
Captain Matthew Francis.
14. Daub, Carlsrube.
'STANDING COUNSEL.
W. L. Blrkbeek; Esq., Stone-buildings, Lincoln's Inn.
sotacrroa.
• .Henry Wickens, Esq.
XECRETART IN LONDON. •
Edward Taplin, Esq.
BROILERS.
Messrs. Carden and Whitehead, Royal Exchange-buildings,
London.
PROSPECTUS. . .

This company .154oxined under a concession of an extensive
avail district, ft the qirithd- Dnehrerf haden, situated within 36

"REMO London, and is held under charter from bas Royal Highness
the Grand Duke, granted to the Mining Association of Baden. The
title is indisputable, bring a direct grant from the Crown on a royalty
of only 1-50th of the net profits.
The setts belonging to this company comprise rich
veins of native silver. stlve:-lead, copper, and cobalt,
sated whicbt_ has from tithe immemorial
been celebta cd for its great rnetanic wealth, aria consist, nrst,
three silver-lead lodes, situat, d in the s.l.tiusterthal, near
a station on the rai.way from Heidelberg ti Basle. The most im-
pa taut of these is the Schindler lode, with an ascertained length of a
mile, and a breadth of unusual magnitude. The produce of th s ex-
traordinary locla is of uncommon richness, averaging, besides its
great yielu of lead Ito less than 20 , oz. of silver to the ton. It is in-
tersected by two smaller lodes, which run obliquely towards it, one
of which, the Tueiels Grund, is also of extreme richness ,or silver,
yielding in the assays of 1851, besides its lead, no less than 08 oz.
to the ton. The other, the Lierrenwald, Is of equal richness, If not
superior.

Secondly, the Native Silver Workings comprising two Mines in
the Reubachglen, falling into the valley of the Kliizig, at a short
distance from Offenburg, near Baden Baden, which are extremely
rich in native silver and_ cobalt ores. These have been worked
down to the water level, and by the application of draining, they
will be brought Into immediate yield of large and most profitable re-
turns.

The reports in the hands of the mining authorities have been col-
lated by a German miner of eminence, and examined and approved
by Captala Matthew Francis, whose experience in lead mining is
well known in this country. M. Daub estimates the probable yield
at only ten tatho ns depth, from the present edit level of two of the
three mines in the Mtinsterthal, at 5,250 tons of pig lead, and
23,0001b5. of silver.

This quantity, at present prices, is worth 120,0001. ; and supposing
it to cost one half to work the mines, will give a profic of 60,0091.
upon ten fathoms sunk. the yield of the Native Silver and Cobalt
mines in the Ileubach is estimated by him at an equal value.
The workings in these mines have hitherti been limited to the
ground above the levels of the valleys, which could be drained by
adit, no steam-engine having been employed for deeper draining ;
and even at those shallow depths great quantities of native silver,
silver lead, and cobalt ores, have been realised. By the introduction
of steam-engiva and pumping machinery on an adequate scale,
te anaged by competent English engineers, the real and vast
mineral wealth of this property will be fully developed; and taking
into consideration the advanced state Of the works, and the ore now
in sight, a dividend must be realised at an early date.
For the purpose cf realising such advantages, and obtaining the
co-operation of English skill and enterprise, the Mining Association
of Baden has ceded to this Company the whole of those rich
Mines, together with the extensive Crushing and Dressing Machi-
nery, Smelting and Refining Furnaces, completely fitted up, and in
working order, with the tools, appurtenances, water-courses, and
other rights, on which vast sums have been expended, for a mode-
rate price, which they have agreed to take entirely in Shares. By
this arrangement, this Company secures the co-operation of a highly
influential body of Shareholders In Germany, including names of
the highest distinction ; while, at the same time, the entire and ab-
solute control of all operations is vested in the Board of Directors
iu Londou, but with the advantage of a Committee at Carisruhe,
who will carry cut the arrangements agreed to, and, under instruc-
tions, represent the Directors its all local matters.
The original Company being chartered under the law of Comman-
dite, all responsibility is limited to the amount of Shares held.
The close co-tiguity of a railway and of the Rhine to the works
facilitates the transport of the produce of the Mines, for which there
is a ready market, and the carriage of coal to toe works, of which
there is au abundant supply in the Adjacent districts.
It is proposed at present to issue out of the capital, in addition to
28,000 Shares granted in respect of the purchase, only so many Shares
as shall be deemed necessary for immediate purposes, but with a re-
served power to the Directors to issue the remainder, should circum-
stances render it advisab:e to do so.

In a commercial point of view, this property presents the special
point of interest, that silver is already wising into increased demand,
and will continue to rise in value as gold becomes more abundant in
this and other countries.
The attention of the public is invited to the fine spechnens of the
native silver ore irons one of the lodes, with other minerals, which
have excited the admiration of the moat competent judges, and,
together with the reports of the Baden Company, may be seen at the
cortices of the company.
Applications for shares to be made at the company's temporary
offices, 57, Threadneedle-street ; and to Messrs. Carden and Waite-
head, stock-brokers, 2, Royal Exchan where
Ka; diVidinorl •

H E AUSTRALIAN CONSOLS GOLD
and CO i'PER MINES. on the Cost• Book System. No deed
to be signed.

Cap,tal 60,000/., in Parts or Shares of 11. each, all paid up,
without further liability.
COMMITTEE OF MANAGEMENT.
J. Stratford Best, Esq , Elizabeth-street, Eaton-square
T. 11. Bristow, Esq., Stanhope-place, 113,1e-Park
Charles iirowne, Esq., Ilanwell, Middlesex
Colonel Morse Cooper, Charles-street, St. James's-square •
F. W. Green, E q., Change-alley, Corunill, and Bristol
The O'Gorman Mahon, M.P., Pall-mall
George IV Laughlin, Esq., Leadentiall-street, and Calcutta
William Patteis n, Esq., East India Chambers, Leadenhall-
street, and Bristol
(With power to add to their number).
Bankers—Messrs. Ite6arts, Curtis, and Co.
Solicitors—Messrs. Long and Long. 63,
Cornhili.
Broken—Messrs. John S ,ewed and Suns, 25, Tokenhouse-yard.
Secretary—James Tomlin, Esq.
PROSPEC I ITS.
This Company has been formed to work Gold and other Mines
in ene of the most favoured districts of Austsalia, and the Com-
mittee of Management has obtained from the Proprietor a
mineral lease for forty-two years, of 12,500 acres, being halt
of the Segenhoe Estate, a very large portion of
which
has been proved to contain vast mineral r.ches, and to be
intersected with quartzose auriferous veihs of the most promising
character. This estate was granttyd by the Crown,, has been In P°3-
session of the proprietor for 30 years, and permission has been sub.
sequently given to work all mines, whether of gold, silver, or other
metals. In 1530 this estate was pronounced by Judge Cracroft, an
eminent geologist, to be a mass of mineral wealth,
and subsequent
investigations have entirely confirmed the fact.
It has been ascertained beyond a doubt, that auriferous deposits
exist throughout the Hunter River district, over which this estate ex-
tends for 20 mites (vide Sir B. Murchison's Geological Lectures), and
that the sands of three rivers running through the property are richly
impregnated with gold. Gold is also known to ext 4 in conjunction
with many of the other ores, especially copper. The Committee have
secured the exclusive right of working all the minerals on the estate,
and it is to be observ. d that, from the abundance of copper ore
found on the Hunter River, the copper-smelting companies on its
banks have already found it necessary to increase their buildings
and machinery. _

• A remarltable fact connected with mining enterprise in Australia is,
that the first discoverer of gold there, Ur. Hargraves, has selected
tho Hunter liver in preference to all other localities as the site of his
first operations, and pcssessed himself of an e:tate within two hours
ride of Segenhoo

Public attention Is especially requested to the fact that powers to
underlet setts to other parties have been secured by the Committee
of Management of this undertaking, as it is obvious that the large
area of the property will give scope for the profitable employment of
many thousands of miners and other workmen. It
is propo_ed to
erect machinery sufficiently powerful to crush all the quartz that
may be mined by the under-lessees, and to insert covenants that
they shall not be allowed to employ crushing mills owned by others
without the Company's s nction. Arrangements have consequently
been entered into wills an eminent surveyor to make a c_mplete
survey of the estate, and to lay it out in mining setts.
Negotiations are pending for portions of the property with three
companies, which cannot fail to insure to the shareholders an imme-
diate return of the capital invested, and to become a certain source
of future revenue without risk, and the Committee are now prepared
to grant leases of setts to other parties.
The Comm ttee of Management have to announce two most
important advantages which this undertaking possesses over all
others, viz., a steam Mill in full operation, erected by the proprietor
on the estate, and most admirably adapted, with some slight addi-
tional machinery, for crushing and preparing the ores ; and thaf. in-
dispensabie auxiliary for the perfection of mining enterprises, an
abundance of water power.

. -- -
The project now offered to the puMle presents an opportunity for
the inveatinmt of capital of no ordinary character, looking to the
ettent of land scoured, the combination of its mineral resources, the
local advantages for the transport of produce, the abundance of fuel
for working Ste=am-cngine'; and other purposes, the production of
limestone for erecting buildings, the ample steam and water power,
the admission, duty free, of ail machinery mad goods, the restriction
of which is so great an impediment to enterprise in California, and
the existence ot EnBlizis ...King all contracts bin lubg ; so con-
ddent, there:bre, is the proprietor of the success of the undertaking,
that lie agrees to take two,hirds of the Purchase-money in shares,
and requires only the small royalty of one-fiftectith.
Applications for shares and prospectuses to be made at the temp-
rary offices of the Company, 39, King William-street, City ; to the
Solicitors of the Company; and to Messrs. John Showell and Sons,
brokers, 23, Tokenhouse-yard.

Form of Application for Shares.
To the Directors 'of the Auitrallau Consols Gold and Copper Mines.
Gentlemen,—l request that you will alot me shares of
W. each in your Company, and I hereby undertake to accept the
same, or say less number you may allot me, and pay the amount
whoa called upon to do so. Usual signature.
a.)ated this day of —, 1852.
__

Name in !till ..............
Residence
Busieess or Prot,ssion— ........
Ref:Tel-ice .......

No application for Shares will be received after ---.
By order of the Board.