The Sun.
London, England, 1853-05-21 00:00:00

MINING INTELLIGENCE.

(From, the Mining Journal of this day.)
MINES.--The share •market has been very generally
depressed this week, and shares in many mines, both
dividend and speculative, have been offered at reduced
prices, without finding buyers to any great extent.
In the Metal Market, our anticipations, as expressed
for several week past, have been fully borne out. —Cop-
per maintains its price, and is very firm at the quota-
tions ; the miner may, therefore, expect a better stan-
dard than last reported.—Tin is without alteration,
which augurs well. For Plates there is less demand for
the moment, and stocks are accumulating.—Lead is in
less request, and a shade easier.—The Spelter market
has become very active ; and yesterday (Friday) 100
tons were sold at 191. 10s. ; subsequently, 200 tons, at
201. ; and there are now no sellers under 201. 10s.—The
Iron market is in a more animated state ; a large busi-
ness doing in manufactured sorts, and Scotch-pig is ls.
per ton better, 50s. 6d. cash being paid for it.
In the Bullion Market, Mexican and South Ameri-
can dollars 4s. 11 d. per oz. Bar silver containg gold,
all gold above 5 grains in the pound to be paid for, ss. Id.
per oz. standard. Bar silver without gold. ss. id. per
oz. standard. Bar gold, 775. 91. per oz. standard.
Spanish doubloons, 78s. per oz. Columbian doubloons,
,765. 6d. per oz. Fine cake silver, ss. 54d. per oz.
Quicksilver in bond, 2s. 4d. per lb.
The Gold Mining shares this week have been very
much neglected—there being a total absence of specula-
tive movement. On the whole, however, prices are
fairly supported, as sales are not pressed. Port Philip
and Great Nugget made a start upwards on Thursday,
but in other shares there was no movement worthy of
notice. The same flatness characterised the market
yesterday, and no improvement was perceptible. The
advices from California, lately received, state that in
nearly every case mining operations have been in the
highest degree prosperous. Nearly all the principal
placers, old as well as new, have been yielding hand-
somely ; and the low prices of provisions, and facilities
for transportation, have turned to the advantage and
profit of the miner.

In Miscellaneous Shares, business has been generally
with the exception of Crystal Palace shares, which
have been in great demand durinc, the week, varying
from 31 to 4 prem., and considerable business was done
yesterday at from 31 to 33 premium. All the land
companies' shares have been heavy, although some ral-
lied a little yesterday.

THE WOOLLEN TRADE..

(From the Leeds Mereury\of this day.)

The opening sale in London was well attended, and
the biddings were tolerably brisk for the Port Philip,
Sydney, and Cape wools. There was, however, a good
deal of inferior quality in the sale, which affords no cri-
terion of prices, and, therefore, all that can at present
be said is that full quotations have been obtained, with
a tendency to advance.
In the evening Messrs. Marsh and Edenborough put
up 2,043 bales, including 89 Australian, 817 Port
Philip, 952 Cape, and 185 Van Diemen's Land. Port
Philip clean sheep's sold at is. 6d. to 2s. Oid., lambs'
2s. to 2s. 2-Id. Cape clean sheep's 10d. to is. Bd.,
lambs' is. sd. to Is. 10d., scoured ls. 7d., handwashed
114 d. to is. 6d. Van Diemen's Land scoured skin
is. 9d., handwashed do. is. lAd. to is. 7d., sheep's clean
is. 7-0. to ls. 84-d. Australian scoured went at is. 7d.
to 2s. 3d., clean sheep's ls. 7d. to ls. 9d., handwashed
is. sd. to is. 74d. The total quantity to be included
in the present sales, which are expected to terminate
about the 4th of June, is 32,116 bales, of which a por-
tion is still of the former clip. The number of foreign
buyers present was again very limited.
With regard to the foreign wool trade, as usual, on
the eve of the London sales there has been very little
business done in this market during the past week. At
the opening sale, which took place last evening, we un-
derstand there was about the usual attendance of buyers,
and prices are reported to be as nearly as possible the
same as those which ruled at the last February series.
In the English wool market there is no change to
report in the general demand for wool, or prices quoted.
In the Liverpool wool market there has been a steady
demand for wool at full prices ; business is not extensive
because stocks are very light. Sales during the week,
450 bales Alpaca, 420 Oporto, 250 Buenos Ayres, 100
Barbary.

In the York wool market we had twenty-four sheets
of hog wool exposed for sale to-day, one-half of which
was disposed of at from 9s, to 10s. 6d. per stone of 14i
lbs., and there were plenty of buyers.
As for the woollen trade of Leeds, Whitsuntide hav-
ing become, by almost universal assent, nearly a general
holiday for a considerable portion of the week, the ordi-
nary business of the town, as a consequence, is much
disturbed. The markets this week have been unsettled,
dull, and flat ; and only a moderate business has been
done. The uncertainty which always precedes the Lon-
don wool sales las no doubt, been a contributing cause.
At the opening sale, last night, the attendance was not
particularly numerous, and the average of February
sales' prices was fully maintained ; the only important
feature being a better appreciation of wools of a superior
condition and quality. The number of foreign buyers
was limited. The quantity of wool to be offered during
the present sales is 32,116 bags, and it is expected they
will terminate about the 4th of June. The trade in the
warehouses was very dull and quiet until yesterday,
when, along with a beautiful and genial change in the
weather, several buyers made their appearance in the
town, which has caused considerable activity both yester-
day and this morning, and given a better tone to the busi-
ness of the week.

ROCHDALE FLANNEL MARKET.—We have had less
business doing in the piece market this week, but, the
old prices have been fully maintained. The manufactu-
rers show no desire to purchase wool at present, but are
more wishful to use up the stocks they have on hand. It
is supposed that the manufacturers are better supplied
with the raw material than the dealers are at present,
'and can keep out of the market till the new clip comes
in.

BRADFORD MARKET. There is little variation from
last week. Most of the manufacturers are engaged in
executing orders taken at unsatisfactory prices. Wool,
on the whole, is easier to buy, especially colonial wool,
but the trade is at present very quiet.
HOSIERY TRADE OF LEICESTER. Being holiday
week but little has been done in the warehouses. The
large contract orders entered into by the manufacturers
for the wholesale London and Manchester factors being
in the course of completion at prices under the present
cost of production, it remains to he seen whether the
present high price of material and advanced rate of
workmanship can be realised. Yarns are firm and still
selling under the present value of wool, for which though
there is less demand for the long kinds the price keeps
up, and in short sorts there is a scarcity.