The Sun.
London, England, 1853-10-08 00:00:00

MINING INTELLIGENCE.

(Prom the Mining Journal of this day.)
In dividend stocks there has been a fair amount of
business transacted again this week, and without any
Material alteration in prices. In speculative and calling
shares, business is very limited, and low prices have to
he submitted to in order to effect sales, excepting in one
or two favourite mines.
The formation of another Mining Exchange is talked
of, and a meeting is to be held on Monday to arrange
preliminaries, by the appointment of a provisional com-
mittee, and to frame a set of rules and regulations, pre-
vious, to calling a general meeting of the mining public.
,'saving in remembrance the causes of the failure of the
last Exchange, after about twelve months' existence, it
18 to be hoped that the one now mooted will be estab-
lished on a better foundation, and with rules not only
stringent in themselves, but framed: with a determination
on the part of the committee to put them in force when
occasion requires. The main advantages to be derived
from a Mining Exchange are, as it appears to us—first,
security to the public, and to the regular dealers in
shares, t1:61 all transactions entered into shall be com-
pleted within a specified time; and secondly the publi-
cation of an official Share List. Amongst those ac-
quainted with the mining market as at present consti-
tuted, there cannot be two opinions as to the fact, that
any plan which can be adopted to secure the first advan-
tage would be a consummation most devoutly to be
Wished ; but it is worse than useless for any set of men
to frame laws, if they are to remain a dead letter. The
last Exchange failed through the inefficiency of its rules,
and the means of putting them in force. Let, therefore,
the promoters of the present embryo look well to its
kali), pillar of security, and the rest will be easy.
In the Metal Market, a most extensive business has
been transacted. Copper, tin, and lead are in greit de-
Izand, and maintain their prices firmly.
Considering the fluctuations to which all the other de-
ttrtmento of the Stock Exchange have been subject,
Wit gold mining shares this week have been supported
been.s remarkable able firmness ; sales have, in few instances,
Nhilst there was at the same time some en-
4rirZio_n the part of the public for the preferable de-
of/unB Yesterday evening, consequently, prices of
1,,,e,,d1ng stocks ruled generally at an advance on those
-4.‘ week.imlpuroisldiscelaneous Shares the market has generally

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IIL INTELLIGENCE.

1241 r ),fa: PLYM OCUaTtaHin, OFerTe.d7..T.
tcheit Jeatrs ship Queen, 116,
-at At, vas taken into the Keybam wfoptrkkes
St. George
emoorgrne,..
120, et,e,:.'clock she was lying astern o
Vhere t4i...._n John Kingcombe, abreast of
Dtheevwonoprokrst,
Dock r• still Master-Attendant of the
ns and
shot, 3Zl' tookBc'harge. T Queen had all. h. er guns,
Water Stores on board • her powder, provisio
and Pike
Pike
steam.,!ere diachared. Having had the Avon an
lin der siulageB
Engineer-in-
attach6ed, was towed to tbemain entrance.
chief, an, .:!Perintendenceof Col. Williams,
t engineer, the sliding
caisson `:4-4r. Townsend, ship
,v, .ii, the outer end rwesaidsernemoved, andeethofe noble
Ad • 8 warped into the lock, in the presen
dtei_cdinsinrati Sir John Ommanney.
Michael the CommanderCommodoreo-fStukpeeroinr-.
Lowe, of the
..a.ry ;ea , Seymour, Captain
flagshi , Piaui Edmonstone and
Te P -`rcPregnable • Mr. Edge, master
other
rner, assistant 2
; Mr. Dent, storekeeper ; and
°facers of the Devonport Dockyard ; Mr. Henry Baker,
builder ; Mr.
and a„.
contractor of Government works at Keyham, c?nsidera
the
hie concourse of persons. Shortly after i
0 clock the sliding caisson was acmin drawn across
entrane, and, being closed at higewater, about 8 o'clock.s
!!:feoperations for rernoving the inner cassion, which
ini
cted by the discharge of water contained in tanks
the upPer compartment, were commenced. The bulky
.
Machine being at length floated and removed, the ship
was warPed her whole length a-head into the south
min, and then by cables from her stem and stern
drawn bodily northward
there,
the enintrance of No. 1 dock, she was very soon placed
and, her stem being brought to
There was no display on the occasion. As a matter
of precaution, her topgallantinasts were struck and
hgurehead enveloped in sailcloth. 180 shipwrights, 100
labourers, and a number of riggers and seamen riggers,
are to be immediately employed upon her, and it is ex-
The that she will be taken out of dock to-morrow.
The Agamemnon is alongside the sheer hulk to have
her foremast taken out.
The Imperieuse went from the Sound yesterday after-
noon, into liamoaze, where the crew commenced un-
rigging her foremast, which is to be taken out and sent
into the dockyard for examination.
The Desperate went into harbour yesterday to have
her defects made good.
flt is reported that La Rogue will be sent into
romatnoaze,
amoaze and
into the that the Edinburgh will be removed
Ho.
When the defects of the Valorous and Vulture are
made good, they will probably be dispatched to the
Mediterranean.
A ship-rigged screw steam man-of-war was observed,
under steam, at 5 this morning, inside the Eddystone.
TnE NEW 8T;3117AcWith reference to the new
Stamp Act, which comes into operation on Tuesday
next, the 11th inst., it has been announced that pre-
viously to the 10th inst. the distributors and sub-distri-
butors of stamps throughout the kingdom will have an
ample supply of the several descriptions. No charge is
made for the (paper on which receipt stamps are im-
pressed ; and adhesive receipt stamps are also provided.
The attention of the public is also 'called to the notice
on unataraped paper
with regard to the
penalties incurred by giving receipts
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