The Sun.
London, England, 1852-07-09 00:00:00

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during the morning and ;afternoo a
,c ear. at -fright;
cumulus," cumulostratus, and,:sirrofgratitk-- Rteekvi
Positive, and tension moderate during the,afternie.--- ty—
THIIRSDAY.—One-half of the Sky W Cdvati'd during the
morning, and mostly clear during the ienlattider of the
day; cirrrostatus and light clouds. Electricity—Positive,
and tension moderate during thaaftemon and evening.
Fa DAY.—One- third_ portion of the sky was covered during
morning, and clear at other times of the day; cirrostratus
and light dlimds. Electricity—Positive, and tension moderate
during the afternoon and evening.,
SATURDAY.—The sky was for the most part clear through-
out the day. Electricity—Positive, and tension moderate.
The mean reading of a thermometer placed on.the main-
mast, and read each day at 9b. Aar. was 63.8 w; and the mean
reading at 9h. r.alr. was 59.70; the mean readings at the
Royal Observatory for the same times were 63.60 and 57.8 Q
respectively.
The reading of the barometer increased from 29.68 in,
at the beginning of the week to 29.70 in. by 10h. A.m. on the
27th; decreased to 29'60 in. by 9h. P.M. on the 29th; in-
creased to 30.06 in. by 9h. A. m. on July 3; and decreased to
30.02 in. by the end of the week_

AUSTRALIAN MUTUAL GOLD
ca ina 1
Mutualgenerl mGeoel tdin gmoifn
itrhge 113 are
Company
hneyl d ewrsa s
MINING NY.
AuAstrsaPli
yesterday in
nheld
ethe
the company, No. 1, Moor-
gat, for that the offices of e purpose of authorising tho directors to
issue new shares to increase the i
oti p t;.l of the cm:pra y.
the chair'.
Mr. H. C. Duppa, chairman of the hoard cf directors, in
•
The sclvcrtissmoi..t convening the
read MC' baying been
, •e.ing
The CRAM= said it must be evident to the share-
holders that, in older to give
y to the basis and
operations of the company, it Was absolutely necessary
that land should Le purchased in Australia, and for
that purpose as well as for giving a positive
character to the company the
directors must
be empowered to increase the capital. It was therefore
proposed to increase it up to 60 0001,, a proportion
of which amount 'mild be reserved for the colony,
while the remaining stock would be taken in this
country.—(gear,' hear.) It appeared from all accounts
that the labour market was very much disorganized in
Australia, and that, together with various other circum-
stances, had tended to make money more than ever ne-
cessary in the colony for carrying out the undertaking
which the company bad in view.—(Hear, hear.)
Mr. Ews moved the first resolution, as follows:
" That fur carrying out the legitimate purposes of this
company in Australia, the whole capital be now increased
to 60,0001.; three-fourths of which to be raised by allot-
ment of shares in the United Kingdom, and one-fourth
in like manner in Australia." lie had very much
pleasure in moving that resolution, because he believed
that no other company in Australia was likely to prove
so successful as this. Discoveries had been made in Aus-
tralia which would carry their effects through the entire
world, and it must be obvious to the shareholders, not only
from what they had heard from the Chairman, but also
from various other parties connected with the company
that land must be purchased without more delay if they
wished to see the grand objects of the company success-
fully accomplished.—(Hear, hear.) Already two inde-
fatigable gentlemen, accompanied by an efficient staff,
had gone out, furnished with letters of recommendation
to influential parties in the colony, from gentlemen of
eminence and standing in this country; and to ensure
their success this increase in the capital of the company
became not only politic, but absolutely indispensable.—
(Hear, bear.) There was one circumstance in connexion
with this question which he thought it right to impress
upon their attention. The property of the colony, in the
wild outskirts of the towns, unless strongly guarded,
was liable to the attacks of a band of marauding robbers,
consisting of from twenty to thirty persons,
but whenever there was a sufficient population
located to resist them they never ventured an appear-
ice capital, "nce.—(Hear, hear.) Now this company, by increasing
would be enabled to augment the expedition
,yich had been sent out, and so add to the security of
their property, that: very little time must elapse before
they obtained some valuable results from their exertions.
—(Hear, hear.) Be had
therefore he repeated, very
much pleasure in pro •
posing the resolution and he hoed
p
it would be unanimously adopted. (H
Mr. HARVEY seconded the resolutionea;faas pat
w hear.)
from the chair and carried unanimously. which
Mr. MARTIN proposed the second resolution as fol-
lows:—" That the purser take the necessary steps for
the further allocation of the additional shares now agreed
to be issued to the public." The reasons for increasing
the capital having been so clearly and distinctly stated
by the chairman and the mover of the first resolution,
it would be a work of supererogation were he to:attempt
to make any addition to them.—(Hear, hear.) The
directors, however, who had paid a good deal of atten-
tion to the subject, and had well considered it tin all its
bearings, were satisfied from the information they had
received from the colony that an increase in the capital
would place the company in a very superior position, and
enable them shortly to give a satisfactory proof of their
success in the shape of a handsome dividend.—(Hear.)
Mr. GREENE had very great pleasure in seconding the
resolution, and, like the former one, it was pat from the
chair, and carried unanimously.
Mr. BENNETT proposed and Mr. HARVEY seconded a
resolution to the effect, " That the following amended
prospectus, setting forth the amount of increased capital,
the present acting committees of management in Lon-
don and Australis, and the immediate objects of the
company, be adopted, published, and circulated."
The resolution was carried unanimously, and the
draft of the prospectus was afterwards read and agreed to.
Mr. MARTIN then moved a vote of thanks to the chair-
man, not only for his conduct in the chair, but also for
the assiduity and zeal with which he had devoted him-
self to the interest of the company during the last four
months, and to which the shareholders were mainly in-
debted for the success which had attended the efforts of
the company.—(Hear, hear.)
Mr. ELms seconded the motion, and took the oppor-
tunity of passing a warm eulogium upon the heads of
the executive stuff which had gone out to the colony.
The motion was carried by acclamation, and the chair-
man having briefly acknowledged the compliment the
meeting terminated.

COWES, ISLE OF WIGHT.
(FROM OUR OIVN CORRESPONDENT.)
, JULY 8
ROYAL YACHT SQUADRON INTECOWES LLIGENCE.
ARRIVALS.
July 2. Camilla schooner, .E. W. Rolls, Esq "
from
from
Portsmouth; Brilliant ditto,J G. H. Ackers, Esq
~
Cherbourg.
5. Pearl cutter, Marquis of Anglesea, from London;
Arrow ditto, Thomas Chamberlayne, Esq., from South-
ampton; Alarm schooner, Jos. Wild, Esq., from Ly-
mington.
7. Fernando schooner, Major Martyn, from westward.
SAILINGS.
July 3. Camilla schooner, J. E. W. Rolls, Esq., to the
westward.
5. Osprey cutter, John Petre, Esq., for Portsmouth;
Gipsey Queen schooner, Sir H. B. Hoghton, Bart., for
Cork.
7. Itsolution scbooner, Duke of Rutland, for Port-
land; Lavrock cutter, Captain C. H. Williams, R.N., for
Wales.
YACHTS AT AND ABOUT THE STATION.
Pearl, Alarm, Mayfly, lone, Water Lily, Brilliant,
Amazon, F. it Rosamond, Aurora, Arrow, Spider, Fer-
nande, Gloriana, Nautilus, Ripple, Leda, Pandora, Tri-
umvir, Maritana,
Captain C. H. Williams has left for Portia Cliff, Kid-
the Royal Yacht Squadron
several
other
ibasl:tatthb:eoVnoelolerindnYgitribthainteignoPend for
Lord Wilton,
o
Rousemembers,thithis
e vgeinoailnivro,Enr, ectdroi
es n sio 0 p y
at
the general meeting to-
thenelections, being
butil i:
returns er Sheriff',
tußrneisi ittoghheaaotai Cowes eosGb ol
Graham,
het obliged
thet :2 173atenh present
i eset.ve
acht Triumvir, which
morrow.
The hew An
pilots and yacht captains prophesied would
at both ends and in the middle.
• has turned out a complete failure, and
thecounty
of the Isle of Wight
. The , on Monday, the 19th inst., and the polling
taxes place
NEWPORT BOROUGH ELECTION.—The nomination
—iVrt,i, nit ttEs segys
Ince at the Guildhall, Newport, this day, when P.
took p
r, . Diri , proposed,'and Edward Way, Esq., seconded,
de
pCrOpoWsed
DC 0 t t , ..
0 , Thur,day, the 22d.
~., pi„den, Esq.; Mr. A. Mew proposed and
W. a ti" • •
Mr.
The Peal tntdisi d a tseesconwdoer
Mr. Samuel Piing, and seconded by M
by Mr.
Cowdery; and
.Biggs, by Dr. Wav >ll and
. ,
mr. R, Pinnoek. A forest of hands we
Francis
ad i c 1
were held up for
two iltter candidates, and very I
the law for the Der-
., s The poll takes place hylue • e at Newport and West
cow" to-morrow, and as each say they are sure of
coming in, we elleHlat it
e must be a double return.