The Sun.
London, England, 1849-04-02 00:00:00

MINING INTELLIGENCE.

(From the Mining Joii‘nal.)

A fair proportion of business has been done in the
mining share-market daring the week. Condurrow is
represented to continue progressing; shares are in re-
quest at our present quotations.
Tincroft, Lewis, and Tamar shares are in demand ;
the mines looking remarkably well.
The report received of Trelawny this week has pro-
duced a demand for these shares, at improved prices.
The following shares have been inquired for at
t uyers' prices : IVest Camden, East Pool, East
Buller, Great Rough, Tor, Mary Ann, South Wheal
Bassett, West Buller, &c.
East Tamar is represented to have considerably im-
proved, especially in the shaft, and 25 fm. level. At
South Tamar, the 70 fm. level has much improved.
East Buller shares have been sought for. This mine,
we learn, joins, Wheal Buller on the east, and is in the
midst of the leading mines of the county. Although
recently taken up, the shares have freely changed hands
at a considerable premium.
Alfred Consols, Bedford United, and Holmbush, are
also among those reported to have improved.
Shares in the following mines have changed hands
during the week :—Devon Great Consols, South Basset,
Treviskey and Barrier, Wellington, Condurrow, Drake
Walls, Trehane, Trelawny, West Caradon, East Pool,
East Buller, Kingsett and Bedford, Tincroft, Tamar,
Lewes, Mary Ann, lleignston Downs, East Tamar,
South Tamar, West Providence, Cwm Erfin, South
Wales Mining Company, Bwlch Consols, Llawr Cwm
Bach, West Tolgus, Alfred Consols, Brewer, Mendip
Hills, South Melton, Stray Park, Treleigh Consols,
West Wheal Jewel, &c.
The first annual meeting of Low's Patent Copper Com-
pany has been held, at which a report was read, in
which the directors state that they have not ventured
to give any statement of profit and loss, as, in conse-
quence of the smelting operations, up to the end of
1848, having consisted almost exclusively of ex-
periments to ascertain the effects of the new process
on the various descriptions of ores, any calculation of
gain or loss arising from them would, in all pro-
bability, prove erroneous." The results of the numerous
experiments, however, which have been made with the
new processes of smelting are highly satisfactory, show-
ing a considerable saving of expense; while the quality
of the metal, which has been subjectd by consumers to
their severest tests, has been universally approved. They
have selected an eligible site for their works on the River
Burry, near Swansea.
At the Carn Brea annual general meeting the ac-
counts showed a balance of 14,4191. Os. 9d. in favour of
the mine. The proceeds of sales of ores have been—
Copper, 58,984/. 19s. 4d.; black tin, 11,6771. 14s. Bcl.=
70,662/. 14s. The dividends paid during the last year
were as follows :—Feb. 9, 2,000/ ; April 15, 3,0001.;
June 15, 3,0001.; Oct. 20, 3,000/. ; Dec. 20, 3,0001.—
total, 14,0001. Another dividend of 3/. per share was
declared, payable on the 12th of April next. This
month's sales (being January returns) will leave a profit
of 3,4001. on the month's workings.
At the Callington meeting the accounts showed a
balance of 284/. 2s. in favour of adventurers. The re-
ports of Captains Philips and Floyd were considered fa-
vourable; it was determined that the Kelly Bray Mine
should be vigorously prosecuted, for which purpose calls
will have to be made.

At the East Wheal Crofty meeting the accounts
showed a balance in favour of adventurers of 2,127/. 15s.
Id. The sales of ores in the two months had been
3,001/. 12s. 7d.

At the Ilolmbush meeting the accounts showed a ba-
lance of 3201. Bs. against the mine. The agents' reports
were very satisfactory.
The Tresavean accounts show a balance in favour of
8741. 15s. 6d. The sales of ore in the two months
amounted to 2,3281. 3s. 9d.
The Trethellan accounts show the balance at bankers
as 3131. 2s. sd. The ores sold in the two months amount
to 3881. Bs. 9d.

At the Tregorden meeting a balance of 2181. 9s. 10d.
was found against the mine, to discharge which, and fur
future operations, a call of 1/. per share was deemed ne-
cessary. The Captain's report of the mine represents
the 12 fathom level end as worth 51. per fathom; thii back
and bottom, more than capable of paying costs of work-
ing; they have commenced driving the 12 fathom south—
the lode thing orey throughout. The lode in the 20
fathom level, north and south, is orey, though not rich;
but indicative of improvements. The lode in the north
shaft is again drained, from whence, in course of a short
time, returns will be mate. In about three weeks five
tons of silver lead ore will be ready for sale, estimated
at 20/. per ton.

At the Carthew Consols meeting a call of 4s. 61 per
share was made.

At the Exmoor Wheal Eliza meeting the accounts
showed a balance against the mine of 401. Os. sd. A call
of 103. per share was made.

At the Wheal Pennsle meeting a call of ss. per share
was made.

At the Great Rough Tor meeting the proposal to take
the 135 forfeited shares in ono lut, on payment of the
sum of 664 L, was accepted.

At the Wh. al Trehane meeting the statement of ac-
counts showed a halAnce of 690/.; a dividend of 2/. per

- -
Thare was dtclared, leaving a balance of 1781. 2s. id.,
which is carried to the credit of the next account.
About 74 tons of rich silver-lead ore was sampled on
Saturday last. The agent's report of the mine is satis-
factory; they are progressing with the shaft, which is
down 11 fins., and have 2f fins. more to sink for their
n,,,xt level, which is expected will be completed in about
three weeks.

Reports from the Australian Mining Company's
agents, dated Tungkillo, Nov. 3 and thic. 3, have just
then received. Capt. Phillips states his Mid that the
mine will turn out satisfactory.
In foreign minas, the following shares have been trans-
acted during the week—viz.: United Mexican, St. John
del Rey, Australian, Copaipo, Imperial Brazilian, La-
Haire, and Guadalcanal.