The Sun.
London, England, 1847-11-17 00:00:00

IMPERIAL BRAZILIAN MINING

ASSOCIATION.

Yesterday the half-yearly meeting of this associ-
ation VI as held at the London Tavern, at which
Thomas Gibson, Esq., presided. The report was of
very considerable length from going into a detail of
the new property at Bananal. It appeared that dur-
ing the five months that they had taken possession of
these new estates, 501 b. 10oz. lodwts. of gold had
been raised, in value 2,2001., and the vein was still
encouraging. The necessities had been materially
supplied by the Gongo Soco and Cota Preta mines,
so that the expenditure of the new mine had been but
trifling. The works at Gongo Soco bad been only
partially successful, so that it was recommended to
convert the whole of the mine into open workings,
washing away the jacotinga, and passing the water
over skins or coarse cloths, so as to obtain the fine
portions of gold. For this they would require some
few Englishmen and thirty or forty labourers. The
call of 21. per share, which came due in July last,
had been paid on 9,766 shares, leaving only 234
shares in default. The time required, after tak-
ing possession of the new mine at Bananal to
put it into an efficient course of working, was
stated at about twelve months, and the probable
cost of doing so was fixed at 5,0001. or 7,0001., during
which period from 4,0001. to 5,0001. of gold mightbe
extractedikhich had now partly been realised. The
directors had made a further call of 1/. per share,
which they thought would not only cover all neces-
sary expenses attending the new mine, but leave a
profit to be divided amongst the shareholders. The
gold obtained from Gongo Soco in the last six months
had been only 681bs. 17dwts., realising 2,5781.105. sd.
The expenditure at all the mines amounted to
10,6271. 3s. 2d., leaving a deficit of 7,9711. 19s. 3d.,
against which the association had 32,238/. reserved
fund in England, and 5,966/. 13s. 4d. in the Brazils.
There were 600 persons in the employ of the associa-
tion, the black portion of whom had well conducted
itself, and one of them had been recommended for the
grant of his freedom. The Chairman, in answer to a
proprietor, said that the directors would take time to
consider what they would do with the forfeited shares ;
that the native copper ore had not been worked ; and
that all the transports of gold were strongly escorted.
The report was adopted, and a vote of thanks was
passed to the directors, when the meeting adjourned.
S

,CHOOL FOR THE INDIGENT BLlND.—Yesterday a
general meeting of the governors and subscrib?rs to this
institution was herd at the London Tavern, Bishopsgate-
strcet, for the purpose of electing thirteen pupils—five
males and eight females—on the foundation of the insti-
tuion; Henry Warner, Esq , in the chair. From the
report of the proceedings of the committee of governors
for the past year it appears that since the foundation of
the institution in 1799, 350 persons of both sexes, ex.
elusive of those who have been placed on the permanent
establishment, died, or dismissed from incapability, have
been returned to their friends able to earn from Bs. to
11. Bs. per week. The pupils are admitted between the
ages of ten and twenty-five years, and are retained in
the institution until they have attained
rd in various
knowledge of their trade, which is generally about five
mean s s
of sufficient eien
years,raied i
education, an ncledmubroin;
sgebdtohtaht
letters, tt6oihzrmeae l
institution,syt. ahnd nes
2d., dyair
andnbe syt instructedinstructed
in reli-
gioustrades and manufactures, according to
the
during
r theirtion tga l
the pastcapacity.
number
The articles manufactured by the hands of blind
books
t
persons
30i.nfeaptrul:pewilesesrtoaebnsloitslhdhemkeersntat 1.2161. 2s.
including the thirteen
arpeerrn malessn e
andnt es.
elected at the meeting and those o n the
etaigbhlitsyb-mfoeunrt,feamrealels6.4, of which eighty
The receipts for the past year, in-
cluding donations and subscriptions, 2,3651. 175.; lega-
cies, in cash, 2,1691. ss. 4dfrom Isaac Cohen, Esq.,
1501., Thre3 per Cont. Con.sols ;
901., Three-and and Mrs. Sarah West
a-Quarter per Cents. Income on funded
stock and various sources urces amounted to a gross total of
9,4621. 17s. lld,
8,305/1 the
hand of 1,1571. 12s 2d ss. 9d. l expenditure during the same
period to
leaving a gross cash balance in
BENEVOLENT SOCIABLIS PHILANTHROPIC SOCIETY.
—On Monday night, at the Pitman's Arms,
the
members
of this Society held
Mr.eWs.tNateewmmenatns,
monsedeofwathrse
oldest members, presided. T
extremely satisfactory to the members, showing that
many distressed families had received prompt relief in
money, and that during the winter months a large
quantity of bread and coal-tickets had been distributed,
' and that owing to the exertions of the members the
funds were in a prosperous condition. Thanks were ten-
dered to the chairman and other friends of the institu-
tion, and duly acknowledged.
understand
.
inted to conr with
that the deputation recently appe.
Government on the subject of refunding the 21,000/. ex-
pended in the erection of the sea wall north of the en-
trance to the great float, returned from London on
Saturday evening last, with the gratifying intelligence
that the Government were ready to refund the above
sum, on condition that it should be applied at once to-
wards the furtherance of the other unfinished works.
We need scarcely add that compliance with this condi-
tion was cheerfully promised, and we may therefore an-
ticipate an early resumption of the
works.—Liverpool
nines.