The Sun.
London, England, 1854-04-15 00:00:00

MINING INT LLLIGENCE.

(From the Mining Journal of this day.)
The mining market has not exhibited any new or par-
ticular feature this week, and the business transacted
has been of limited amount. Purely speculative shares,
being still pressed for sale, are very flat, and few buyers
to be found. South Tamara have been in good request,
at 8/. ss. to 81. 101., being a rise of 13,0001. on the mine
in a fortnight, something very considerable when the
dullness of the times is considered ; the richness of the
ores for silver, and the large quantities now being raised,
render this one of the richest silver-lead mines in the
kingdom, whilst the management is such as to inspire
the greatest confidence.
In the Metal Market, the general trade is in animated
condition. Copper, Lead, and Tin, fully support the
quotations, notwithstanding the drop made by the vari-
ous smelting companies, under the plea of tightness in
the money market.—But for the forced sales of Straits
Tin, the general appearance of trade has an upward
tendency, particularly in the shipment of Tin Plates.—
The stock of Scotch Pig-iron is becoming so much re-
duced that an enhanced price is looked forward to with
confidence on the part of holders, from 795. 6d. to 80s.
being about the present mark. The demand for Staf-
fordshire Pig is considerably beyond the present ave-
rage make, and a rise in the price seems more than
likely.

In the Bullion Market,—Mexican and South Ameri-
can dollars, ss. 00. per oz. Bar silver containing gold,
all gold above 5 grains in the pound to be paid for,
ss. 2d. per oz. standard. Bar silver without gold,
ss. lid. per oz. standard. Bar gold, 775. 9d. per oz.
standard.

Although on Monday last there appeared an upward
tendency in the more accredited descriptions of the Gold
Mining Shares, yet this movement has not continued,
and the market remains in the same inert state as noticed
for a long period past. The only descriptions of stock
which are supported being Agua Fria and Quartz
Rock. Great dissatisfaction is expressed by the share-
holders in the Anglo-Californian Company at the re-
peated excuses put forward by Sir H. Huntley ; he has
had, no doubt, many difficulties to contend with, but
probably there numerous disasters and fruitless apologies
would have not been so rife had a competent mining
manager been at the head of affairs. This is the more
potent, as the accounts from California show that where
native companies are at work success is attainable,

STATE OF TRADE.

(From the Manchester Guardian of this day.)

AIANOHRSTER, April 13.—1 n the last and -present
weeks a very considerable amount of business has been
effected in yarns and goods for India; the merchants
having been induced to operate by a decline of about
/d, per lb. in the latter as well as the former. Other classes
of yarn buyers have also come into the market under the
inducement of lower prices—the home manufacturers to
a greater extent than the continental houses. The produ-
cers of India yarns and goods are now for the most part,
not only cleared of stocks, but more or less supplied
with orders—more so than other classes of producers gene-
rally are. In printing cloths, however, there is no move-
ment, and domestics continue fiat. Now that spinners
and manufacturers have thus been enabled to relieve
themselves by selling, they are assuming some degree of
firmness; and the buyers cannot repeat some of the very
low purchases they made in the earlier part of last week.
We :peak, of course of such articles as have been
in demand. Cotton is decidedly firm this week and
very dear in comparison with anything into which it can
be made. Prices are now so low as to render spinning'
and manufacturing bad trades. Yet, in this state of
things, and with a serious war before us, the operatives
at Stockport have chosen to cease working this evening
rather than submit to the withdrawal of the advance of
wages conceded by their employers under better circum-
stances. It appears that a dividend has been speedily
realised by the assignees of the estate of Messrs. Thom-
son, Brothers, and Sons ; notices for the first, which is
6s. Bd. in the pound, payable on Tuesday next, having
been sent to the creditors by the solicitors, Messrs. Sale,
Worthington, and Shipman.
BRADFORD, April 13.—Wool—Few purchases have
been made during the past week, and these only for im-
mediate consumption. Prices continue in favour of the
buyer, although very unwillingly conceded. Neils and
shorts without change. Yarns—The home manufac-
turers have generally succeeded in placing their
contracts on better terms than last month. Many spin-
ners continue to curtail their production, and should
this continue, we may hope to realise better prices
ere long. The shippers still continue out of the market.
Pieces— The same inactivity continues as for several
weeks, and no improvement in the demand-, although
merchants are more inclined to operate when any very
great inducement is offered.
LEICESTER, Thursday, April 13.—We have no im-
provement to report in the warehouses. Worsted spin-
ners have again reduced yarns a halfpenny per lb this
this week, thus making a reduction of OA per lb from
its highest point, if the demand does not warrant it they
purpose closing their mills for a longer period than
Easter week. Employment has become scarces amongst
the operatives ; many of the stoutest have been engaged
as labourers for the sewerage work. There is no alter-
ation iu the wool market.