The Sun.
London, England, 1851-05-24 00:00:00

'UST.

SEER.

ITALY.

MINING INTELLIGENCE,
(From the Mining Journal of this day.)
The business transacted this week has been on a very
reduced scale, extending even to the upper class of divi-
dend mines. Doubtleds, the increased value of money,
and some commercial reverses, have much to do with
this altered state of things in our market; but we trust
the tendbtcy of actual circumstances will be to purify
uur share lists, and tend to future benefit. There is a
decline in the value of the middle class, bush of dividend
and other mines, which may probably give confidence to
buyers, and lead to a renewal of operations on a perfectly
bate basis. It is scarcely necessary to add, that a con-
siderable portion of the concerns newly introduced, for
speculative purposes only, are rapidly dwindling into
obscurity.
In the Metal Market, Copper is brisk, and prices are
well maintained.—Lead is nut so good as last week.—
Tin remains flat: a few small cash parcels of Banca have
been sold at 781., but the principal holders require
804-13 pelter is heavy, and but few buyers at present
prices.

The directors of the Devon Great Consols, at their
weekly board meeting, held yesterday, declared a divi-
dend of 8/. per share, amounting to 8,1921., from nett
rofits arising from sales of copper ores, sampled for the
months of January and February last. After payment
of this dividend, there will remain in hand a balance of
16,570/. 16s, 7d. in cash, ore bills net at maturity, and
reserved fund applicable to the general purposes of the
uonepany.
At the Lisburne Mines meeting, on Wednesday, the
accounts showed a prosperous state of affairs-3,116
tons of lead ore were sold in 1850, which realised nett
32 328/. 4s. 3d. The costs amounted to 20,135/. 9s. 2d.,
and the proti: to 12,1921. 155, Id. Six uividends had
been paid in the year, amounting to 11,5004 and the ba-
lance in hand amounted to 5,3931. 104 lid. on the 31st
Dec. last.
At the Goginan Mine meeting, on Wednesday, the
accounts showed that there had been 956 tons of lead
ore sold in the year 1850, which realized, atter deduct-
ing dues, 13,955/. Is, 63. The costs amounted to the
sum of 12,380/. 14s. 23,, leaving a profit of 1,574 i 6s. 9d.
Four dividends of 5001. each had been paid, leaving a
balance in hand of 1,8701. is. I Id.
At Wheal Buller meeting, on Tuesday, the accounts
for March and April shwed-Balance from the last ac-
count, 866/. 4s. 5d.; ores sold (less dues), 5,113/. 13s.
5d.5,979/, 17s. 10d. Mine cost and merchants' bills,
1,4411. ss. I Id. By dividend of 251. per share (3,2001.);
leaves balance in favour of adventurers, 1,338/. Ils. I Id.
Treviskey meeting, on Monday, the accounts
showed-Balance in hand last account, 35/. 6s. Id.; ore
sold, 2,581/. 16s. Id.; suniry receipts, 19/. Os. 1d...2,6361.
2s. 3d. Labour cost for Feb. and March, 6001. 18s. 5d.;
tributers' part of ores, 300/. 65.; merchants' bills, 2651,
12,, 93. Tresaveaia for water charge, 193 Z 14s ; dues
(1-12:h), 215/. 35.; dividend of 8t los. per share, 1,020/ ;
leaves balance to next account, 401, Si, Id. The profit'
on the two months working was 1,025/.25.
At St, Ives Consols meeting on Tuesday, the accounts
showed-Balance from last account, 107/. 45. ed.; ores
sold, 3,4951. 15.3.3 6021. 19s. 5d.-Mine costs and mer-
chants' bills, 2 9881. 145.; by dividend of 5/, per share
(4701); leaving balance in favour of adventurers, 144/.
ss. sd.
At Wheal Mary Anu quarterly meeting, on Wednes-
day, the accoun:s tefa owed-Balance last account, 1,2821.
les. Bd,; received for lead ores sold, 6,064/. I Is.; dis-
ceunt on nails, 1/. 103. 11.1,-7,3431. 143. 11d.----Labour
cost for three m niths, ending Feb., 2,8941. Is. 2d.; meta
ehants' bills. 938/. 17s. ld.; lord's dues, 490/. 14s. 53.;
divicend of 3/. per share, 1,536/.; paid Mr. West on ac,
count of new boiler, 1401; leaving balance to next ac.
collet, 1,3494 is. 11d.
b At Alfred Consols, on Tuesday, the accounts for Fe-
rnery end March showed-Balance from lust account,
2044 12e 7d • ores said (less dues), 2,933/, I ls.
3,138/. 43. Mine cost and merchants' bills, 1,362/. Os.
43. By dividend of
c' 63
per share (1,5361.): leaves ba-
lanee in camas
adventurers of 240/ 33 Bd. The pre-
St for the .wo months was 1,571/. 11; 11 At the Previeeeee
tne accsunts for Veer Mines
meeting, on
Wednesday,
ednesday,
ac uary, March, and April showed-
Balance from last
470/. 3s. 3d:; ores sold less(
dees), 2,2151. se. lOacout"'
183. 6d.2,686/. 7s. 7d.
Miele cos. =mid m..tsria.lesuclidooBl'
les. per share ma Febeesey id. By dividend of
(42°015.); leaves balance in
teaser adveetarers, 5661 7. •
0:• le per share erzactripettsir6yo3l.! oat of which a dis
Balance:tee eftriong,
loanstWacecdonuenst:
let Providence Miser
day, the ac3coun3s
s,lBse.n6di
25,t33/78313.53,d.. ;9dt.s-n
12e 3 3.; materials, 352/. months, na
April, '" • 11l 18 23 114. ; lords
and boued•.,t's &les, I- - • 5.
..; eavrilte, 26/. es, 83,,
dividend of 1/. pee mare, 560/., leaves balance to •
next
aeceunt, 6/. 6(1.
u meeting, At the Consolidated .-:ne.
_Viredneseae,
the accounts fur March and April showed-mine
041
and me:el:mite' bills, 5,405/, 3s. 6d.-Balance from last
I
account, 434/. ss. Id.; ores .old (less dues), 4,6211. les.
93.; leaving balance against adventurers, 349/. 23. SQ.
The loss was 783/. id. 9d.
At East Wheal Crofty meeting, on Tuesday, the ac_
county for March and April showed-Balance from la-at
account, 1,829/. 14e. 63.; ores sold (less dues), 1,775/.
35.; discount, income-tax on dues, 2.. --- 09/ • Is • 6d.®
3'6191' 19t-Mine cost and merchants' bills, 2,2271. 7s.
3d.: keys% balance in band, 1,392/. 11 s. 93.
At Wheal Trefttsis meeting,on Monday, the accounts
for February,
March, and April, showed-Balance from
last account, 2181.
38. Id ; casts and merchants' bills,
69-1 Z 103.,----9131. Os. 1.1 d.-By ores sold (less dues),
118/. 10s. 83. ty ,
eail in March, 512/. : leaving balance
against adventurers, 282/. 10a 3d. A call of 11. par
sh

At
account Great
for Februar Wheal Alfred 'meeting, on Thosday, the
y and March showed—Balance
from ht avanunt, 1.3441 199. Id.; third instalment in
Ma oh, e
1,02417---2•3681.19 e. 23.--Iline costs and mer-
chants' bill's 1,1181. li. 51.: 109.7ing bllance in favour of
the .s.dvenlateri, 1,9501. 176' Btl. call of 1/. per bliate ,
Ins made. .

At wn, at Wellingtcm meeting, on Wedne4day, the ac-
*aunts Phowed--•L tbr3ur CDC; for January, 28
account 36/,
February, 354/ 04. I d ; rn-rehants' billi, 398;:1131,1.1'618.L.;
1,0351. 14s. 3d. BAA-Ine in hand from last
6•. 81.; co2pet. sold, 8561. 15-. 2.1.; tin (less 614 tls 31
dues), 711' 7N. Bi. ; ieuves balance to next account,
122/ 16t.

At bowaswell Downs wrOting on Toesd4Y, the ea.
.count] for 4wltiary, February, and March showed—Th.
ifinc4 last er,ctognt, 8581. 53, ; coats .1.3 d merchants' hills,
1,5921. Os. 3,1.-2,4501., 53. 31 By oras cold, 1,5221. 73.
41; d'unicifr, at 15;. ; leaving balance against adven-
'livers, 924/-2s, 91.

At the Devon and Courtenay meeting, on the 13th
init., 'he aceounts showed a balance against the company
of 170/, 113:4d. ; since which 28 ton;l6 cwt. of copper
ore have been 'tluiposed of. A call of 3s, per share VMS
arcade, to mert:the cost of a watbr-wheel, and for further
imploring 04,4. mine.
At the Ccaah And Wentworth meeting, on the 13th

The Risorgimento of the 18th inst. officially de-
nies the existence of negotiations said to be pending
between Piedmont and other Italian Governments, to
the effect of concluding an Italian League. " The
report," observes that journal, "is so strange that
nobody, we are certain, credited it. Nevertheless we
think proper to declare it to be totally void of foun-
dation. '

THE ARMY AND NAVY.
(From the United Service Gazette of this day.)
DESERTIONS OP BRITISH SEAMEN AND MARINES.—
Iler Majesty's ship Asia. 84, flag•ship of the ex-com-
mander-in-chief in the Pacific, has arrived home with 6
petty officers, 26 seamen, 48 marines, and 32 boys, total,
112, short of her proper complement of 750—most of
the vacancies having been caused by desertions on the
station to the California diggins,"
The Admir shy, instead of sending out another man-
of-war to the Cape of Good Hope station, have ordered
Commodore 3ruce, the commander-in-chief on the
coast of Africa,. to dispatch a sailing vessel from under
his command to the Cape. It is expected that either
the Wolverine, Harlequin, or Flying Fish, will be dis-
patched, and a steamer will be sent out from England to
take her place ,m the coast.
STAGNATION AT THE PORTS.—There is only one
man-of-war fits Mg out and one prepairing to pay off at
all the home ports at the present moment. The dull
business of the :naval ports seem to fraternise with the
states of things in general.
GRAND REVIEW.—It is rumoured that a review upon
an ex tensive. se ale will take place in the course of the
summer in Windsor-park.
RxviEws IN LONDON.—We understand there is no
foundation for the reports that these reviews will take
place as soon :is the weather is settled. Major-General
Brotherton will make his annual inspection of the differ-
ent Cavalry corps as a matter of course, but there will be
no regular Brigade work as stated by some of our co-
temporaries.
REVIEW OF THE PENSIONERS.— unerstand that
the the review ot.' the Local Companies of Ch
Pen-
sioners, which was to have taken place in Hyde-park on
the 3d June, has been peremptorily forbidden by his
Grace the Comtnander-in-Chief.
DRAFTS FOR, THE CAPE OF GOOD HOPE.—The fol.
keying drafts are held in readiness to embark for the
Cape to join their service companies—viz
_:-6ch Royal,
depot. Nenagh-1 officer and 36 men. 3d Regiment,
-epos,
NaE4--"
s officer and 36 men. 74th Highlanders,
depot, Charles Fort, Kinsale-1 officer and 51 men.
COST of THE PRESENT KAFIR WAR.—WO hear
from very
high authority at the Cape, that the cost in-
curred in the first month of hostilities was about
260,0001, and that it had cost between 80,0001. and
10,000/. per month since.
INSPECTION OF MILITARY SCHOOLS.—The Rev. G.
R. Gleig, Chaplain-General to the Forces, has com-
menced his annual tour of inspection of regimental and
garrison schools. Tuesday and Wednesday last were
devoted to that of the Ist battalion Rifle Brigade, at
Dover.
CONVEYANCE OF TROOPS TO THE CAPE.—We have
already stated that her Majesty's iron screw frigate
Megtera, of 1,400 tons and 350 horse power, has been
commissioned to convey reintorcements to Sir Harry
Smith. She is ordered to be equipped with all dispatch
but as she requires to be in dock ten days she
will not be out of the hands of the Sheerness
Dockyard people before the 30th instant, and will not be
ready for sea before the 4th of June. She is already
manned. The Admiralty have further ordered her Ma-
jesty's Iran screw steam-frigate Simoom, of 2,000 tons
ann 350 horse power, to be also prepared at Portsmouth
With all dispatch far the conveyance of troops to the
Cape. It is expected that these ships will make the
Passage to Table Bay in 30 days,