The Sun.
London, England, 1852-02-28 00:00:00

THE AttiVlY AND NAVY;

- -
(From the United-
Service Gazette of this day.)
HOME ENCAMPMENT.—The gum of twelve thousand
pounds has been provided in the Army Estimates for an
encampment upon a grand scale. Last year 1,0001. only
was assigned. We presume, therefore, it is intended to
brigade a large number of troops together, and we be-
lieve that Salisbury Plain will be the venue.
WARLIKE PREPARATIONS.—The order for secrecy
on this subject is creating unnecessary alarm among
the large mercantile and manufacturing houses, who are
led thereby to infer that there is more cause for alarm
than is publicly known. Inquiries are being anxiously
made in quarters likely to be well informed, as a guide
for future transactions, for many parties are circum-
scribing their operations from apprehensions thus fool-
ishly created by the late Board of Admiralty.
We heartily congratulate the Royal Marine Force, in
the appointment by her Majesty of Major-General Owen,
C. 8., Deputy Adjutant General, as an ordinary member
of the Military Division of the Second Class, or Knight
Commander of the Order of the Bath. The services of
this officer are well deserving the honour conferred upon
him; and we now hope that this branch of the service
will at last be partakers in an extended manner of royal
favours.
TROOPS IN INDIA.—If our affairs in the Esst Indies
continue tolerably quiet, two or three regiments of the
line will probably return to England, without the usual
relief being sent out. By this arrangement an additional
force will tie made available for service at home.
TROOPS FOR FOREIGN SERVICE.—The five regiments
under orders for embarkation fur foreign service have
been countermanded, and it is expected they will not
proceed abroad until next year.
REGIMENTS FROM ABROAD.—We understand that it
is not the intention of the Government to replace the
regiments ordered home from Nova Scotia and Canada.
The 42d Highlanders and 2d Battalion Rifle Brigade
will embark for England in the course of the year.
ARMY REDUCTION.—Four companies of the Canadian
Rifle Regiment are to be reduced from the Ist of April
next.
PENSIONERS FOR CANADA.—A circular has been is-
sued by the War-office, calling upon able-bodied pen-
sioners fit to carry arms to volunteer for emigration to
Canada, and to be formed into local companies for ser-
vice in that colony. The sum of 5001. has been esti-
mated to carry out the arrangement.
Mr. O'Byrne, the compiler of the Naval Biography,
has been appointed librarian at the Admiralty,
Whitehall.

MINING INTELLIGENCE.
(From the Mining Journal of this day.)
We have experienced more animation in our market
this week for all descriptions of mining stock, the reac-
tion in favour of British investments being of a more de-
cided character, and in proportion to the neglect of the
gold mines. Prices have, however, been steady, no no-
ticeable alteration having occurred in this respect. The
wholesome effects of ;a Mining Exchange become, also,
every day more perceptible, not only in steadying prices,
bat approximating them more closely to the intrinsic
value of the adventure. It is worthy of special remark
that the mines which have suffored the greatest amount
of depreciation during the late depression are those which
were offered in a large number of shares (varying from
5,000 to 10,000), and thus indirectly demonstrating the
soundness or the old Cornish principle of a few shares
to each adventurer. We have no doubt, however, that
now our market will continuo to improve for all sound
and well-based concerns. _ _

In the Metal Market-Copper is in great demand,
with a tendency to advance in price. Lead is more in
request, and price stationary. There has not been the
-.luersis thl• waestC in 131-iti•li Tin
Banes has been sold at 801 and thero are still pur-
chasers at that figure; the vendors, however, hold on
for 811.; straits have gone off at 79% 6d. Altogether
the market is in a satisfactory state.
In the Bullion Market-Mexican and South America
dollars, buyers at 4s. 100. per oz. Bar silver contain-
ing gold, all gold above 5 grains in the pound to be paid
fir, ss. Old. per oz. standard. Bar silver without gold,
s'. Oid. per (7., standard. Bar gold, 775. 9d. per oz.
standard. Plating, 163. per oz, .Quicksilver in bond, 3s.
per lb.
At Great Work quarterly meeting, on Tuesday, the
accounts showed-Black tin sold, 3,204/. 10s.; materials
sold, 13s. 91=3,2051. 3s. 9d -Less costs, lord's dues,
&c., three months ending December, 2,339/. 49. 5d.:
leaving a profit of 8651. 193. 4d,; add balanlssce
3.i hand
last
iaccdoeudnatc,t 3dBiv6i/d.
end, 8d8331.,
.makes
leavesl,l29s/2
account. A dividend of 71. per share was declared.
ae4.15.;n
to fnreoxmt
At Wheal Reeth meeting, on Tuesday, the accounts
for October, November, and December were examined
and passed, and a dividend of 41. 103. per share declared,
leaving balance in hand of 752/.
At South Tolgus Mine meeting, on Wednesday, the
accounts showed-Amount of copper ore sold, 1,928/.
d7l9een.d9:7l.6;Bclo:stks for November and December, 1,3221. 2s.
acdco.ulnetaving balance profit, 606/. 17,,. 2d.; in hand last
At L73e7v1L1:81,1-1.
ma .145.2 d.-less
inst.,3
the accounts
leavings, 57/ 1
2d. A dividend of balance to next account, 576/.149.
perk share was declared.
c, 1 344/
ir bi-monthly meeting. on the 17th
„is showed--Tin sold, 3,2711, 7s. Id.;
balance
c903.f2ri.:14:53t8a9c1.c05uan.t,78n;e7,p604f1i.t,825.931di..; copper ore,
BDDsecodiu,
014;8
dao.i9‘6,6icild..consdA. Mine etoost
nfeoxrtNaocvc.ouanntd,
21- dividend of peraaa aeseeh
B. •; carriage,
320/ : leaves ball" M.'''.
accountsM i
showed-Lead
ei -dm-o
,tehal ore
sold,
Tuesday
January,' 411162/5.931'9.175i. ;;
lasAt,tthl‘elerl
Dec tuber cost, 4281. 13s. 1 Id, ;
dues, 165/. 193.6 d.: leaving profit, 6521. 1.11.
Iw4,lsaisolmi.l dlaB.d;se..a6ddd.
expenditure and receipts accounts showed 873 Balance
in hand from last account, 1,3451. 2s. Bd.; received 'lf;
two parcels of lead ore, 1,3531.; call, 191.; in.
terest, 21. 13. 5d.-----2,719/. 45.“ d.-To paid llyalty,
671 105. ; Steel and Co.'s account, 931. Is. ; costs, 7891.
Os. 7d. ; for steana•engine, 8201, leaving balance of 949/
123. 6d. ; add ore !money due March 12, 981/. 158...-_-
1,931/. 79. 6d. assots,-the liabilities being, 2951. 159.
der 6 315 a/
r. e ld
,19t. h
el
rl
edb. y
gAi v
idn ig-
7ry
eiddgA.
adet
trah_vpdoi
ftr}e:fi4ebtds.at.loa ,pinedcr et
is,onlif
iutareesds
was s
meeting
on
Tuesday,
the ac-
counts showed-Balance last account, 1,119/. 19s. 3d. ;
interest, 11.911 Id, gm 191 d owl
.curioge, 1,5151 oa.