The Sun.
London, England, 1853-04-30 00:00:00

BOLTON.

The committee met this morning at twelve o'clock—
Lord Robert Grosvenor in the chair.
___.

Mr. Sergeant Kinglake appeared for the petitioners,
and Mr. Atkinson and Mr. Monek for the sitting mem-
bers.

Mr. Sergeant Kinglake opened the case, and was
proceeding when our reporter left.

THE GREAT ENCAMPMENT.

The exact position and form of the great encampment
on Chobham-common have now been determined upon ;
. .

the ground has been surveyed and is judiciously selected.
The line of encampment will form a semicircle, .com-
mencing at Colonel Challoner's property and extending
along some high ground to Staples-hill, a distance of
about a mile and three-quarters, fronting several thou-
sand acres of common or heath ground, similar to that
of Ascot Heath. Tolle position of the head-quarters of
the Commander-in-Chief has also been chosen; it is on
an eminence about a mile distant, and in front of the
army.
At the commencement and termination of the line of
'encampment the, cavalry will be stationed, with the
artillery directly in front of theM, and the centre of the
line will be formed of the infantry; altogether there will
be 10,000 men encamped.
A party of the Royal Sappers and Miners from the
Royal Military College and Fusilier Guards from Windsor
have been engaged, under the scientific directions of
Colonel Vicars and Lieutenant Drake, in securing a sup-
ply of water, by making embankments, digging wells,
&c. Two ponds, the " Little Arm" and " Great, Arm,"
have been formed from the springs in various parts of
the ground, the water from which is described by the in-
habitants of the district as of the purest quality. Ground
has also been laid out for the temporary stables of the
cavalry ; the horses will be under canvas.
Lord Hardinge is expected ,to survey the operations
next week ; his lordship will occupy a mansion in the
neighbourhood of Sunninghill.
His Royal Highness the Duke of Cambridge will pro-
bably be the General in command. His Royal Highness
will take up his residence at Bagshot-park.
The encampment, if the weather should prove favour-
able, will last about six weeks.
The following regiments have already received orders
ta prepare for the encampment i—The Ist battalion of
Scots Fusilier Guards, from Windsor ; 2d battalion of
Scots Fusilier Guards, from the Tower ; Ist battalion
of Grenadier Guards, from Chichester; the Ist Regiment
of Life Guards, from Windsor, and 2d Regiment of Life
Guards, from Regent's-park Barracks.
Some •of the regiments are expected to march on the
ground about the Ist of June, but the whole of the en-
campment will not be formed until the first week of the
Ascot races.
The encampment, as viewed from almost any part of
the heath, will, no doubt, form one of the grandest mili-
tary spectacles which has been witnessed in England for
more than half a century.

MINIM

'GENCE.

( From the Mining Journal of this day.)
The general tone of the market has been better this
week, and upon the expectation that the smelters will
not lower the standard much below 130 at present,
there have been few buyers of dividend stocks, and also
of many of the first-class progressive mines. Amongst
the latter there has been a good demand for Sidneys, at
advanced prices, and also for Pen-y-Gelli, Uny, Herod-
scotabe, and Tehidy.• Many of the new concerns brought
out at high premiums are very flat. United shares are
firmer in consequence of a new tin lode having been cut,
and reported worth 301. per fin. The Nova Scotia
scheme, with its reported 900,0001. Worth of copper ores
discovered, and which was at once to flood us with
metal, and ruin many of our home mines, is reported
to have ended —in smoke. The " copper" ores
are said to have been condenined by Messrs
Jehu Hitohins and Petherick as of "no commercial
value." According to the Times, the company is to be
wound up, and the capital, less the expenses, returned
to the shareholders. On the other hand, this statement
is considered' to be premature—it certainly wants con-
firmation : should it, however, prove partially true, it
will be but sorry consolation to many who, upon the
faith of the names published in the prospectus as trustees
and directors, were led to buy shares at 21. and 3/.
prem., though we confess we feel but little sympathy for
those who seem to ignore the existence of bona fide
speculations at home, but eagerly run after any foreign
scheme, when even the reports are so extravagantly
absurd that, to any one acquainted with mining opera-
tions, they would carry their own refutation with them.
It is singular, too, that all these wonderful mineral dis-
coveries abroad are always made when there is a furor
for speculation in England !
In the Bullion Market—Mexican and South Ameri-
can dollars, 4s. 111 d. per oz. But silver containing
gold, all gold above five grains in the pound to be paid
for ss. 11d. per oz. standard. Bar silver without gold,
ss. Lid. per oz. standard. Bar gold, 775. 9d. per oz.
standard. American eagles, 765. per oz.
In the Metal Market, tin and pig iron have sustained
a further depreciation, the former article being reduced
nominally to 51. Bs. per cwt. for English block, and
51. 9s. for bar, both under the quoted price of Banca
and Straits, and very little business doing in either, or
in plates. The stoppage of a large speculator (Mr.
Attwood) has brought Scotch pig down to 21. 9s. per
ton in Glasgow, and created quite a panic. All other
descriptions of iron are in fair demand, and present rates
well supported.
The gold mining share market has been firmer this.
week. So far as the Californian adventures are con-
cerned, there are great indications of a revival of acti-
vity. The successful progress of the Agua Fria Coro-
pany has imparted a feeling of confidence, and the share-
holders are looking out. for very favourable accounts.
In the Australian mining market the feeling has
also been firmer, in sympathy ; but with the excep-
tion of Colonial Gold, which remains in much favour,
there is no particular inquiry. On Thursday, there was
greater activity displayed, and the more favourable
descriptions of stock were in demand— the market closing
with considerable firmness. This same healthy feeling
likewise extended over the whole of the operations yes-
terday, and it is presumed that it will be some time pre-
vious to any reaction taking place. The quantity of
gold, which it is computed has been raised from the
Oven's diggings, is not less than 200,000 ozs. The num-
ber of persons calculated to be on the entire diggings is
from 7,000 to 8,000 ; of these about 6,000 are on the
Upper and Lower Spring Creek. The first Government
escort left on the 3d November, and took with it about
2,500 ozs. That which started on flu: 12th January had
upwards of 15,000 ozs, At the Rocky River about 110
persons were at work, who were averaging from 1/. to
21. per man per working day.