The Sun.
London, England, 1851-01-27 00:00:00

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chronometers, oil paintings."

MINING INTELLIGENCE.
(From the Mining Journal.)
The business done this week has been of a remarkably
steady character, and without much advance as respects
dividend concerns, with the exception of such as hare
shown improvements in the lodes, in which the rise has
beca sudden and important. We foresee that wo aro
approaching the limit to which prudential capitalists will
be inclined to go, in hesitating to pay a price for a divi-
dend-share when the interest of capital would become
reduced below 12} or 15 per cent.; and, doubtless, this
is a sound and practical stand to take. Several new
concerns of favourable aspects have had their shares
distributed without difficulty; and, on the whole, we
congratulate the mining interest on the present condition
of affairs.
The Metal Market has been very animated during the
week.-Copper firm, and in good demand.-Foreign
Tin more inquired for, and several parcels have changed
hands; a good business doing in Tin Plates.-Lead is
firm, with a brisk demand.
The arrivals at Swansea during the week have been
-1,821 tons of copper ore, and 9 tons 11 cwts. precipi-
tated copper ore, for the Cobre Company; and also 567
tons of copper ore; 782 tons of copper regulus; and 20
tons of silver ore. The sale of copper ores, on Tuesday,
amounted to 2,167 tons, producing 22,4361. its. 6d.
The weekly sale of copper ores at Redruth, on Thurs-
day, amounted to 2,613 tons, which produced
16,5271. lie. sd.
Wheal Mary (Redruth) sold 100 tons of copper ore,
realizing 4211. 2s. 3d.
Tincroft sold 26 tons of black tin at 421. per ton, and 4
tons at 251. per ton.
The Rocks and Treverbyn Mines sold two parcels of
tin-the one at 55/. 7s. 6d., the other at 36/. 10s. per ton.
The report states the mine to present very favourable
appearances, and promises for increased returns as the
workings progress.
Wheal Mary Ann sold two parcels of lead ore-88 tons
to Pontifex and Wood, at 201. 183. 65., and 99 tons to
the Tamar Smelting Company, at 91. Is. 6d. per ton.
The lowest tender for the first lot was 181. is., by Locke,
Blackett, and Co., and for the latter 4/. 45., by Walker
and Co.
Court Grange sold 24 tons of silver-lead ore, at 171.
ss. 6d. per ton.
At Callington, a parcel of lead ores, 45 tons, was sam-
pled on Monday. The Kelly Bray lode now produces 8
tons of copper ore per ftn.
At Millpool, they are raising tin, and the stamps are
fully
employed, preparing for returns.
At Wellington Mine a new lode, worth 151. per fathom,
has been cat.
A lode, 18 in. wide, has been cut at East Wheal
Leisure in driving the li? fm. cross-cut from Taylor's
shaft; it containe-e
opper,jack, and mundic. Both north
and south lodes are expected
ts, be cut in a few days.
At Wheal Adams, the o
has been intersected in the
28 fm. level, the part cat intobeing very promising, and
productive of lead ore, of good
adventurers.
At likely to
und
quality. This is viewed
as an important point in the operations,
turn out well for the interests of the
. seev se.
At Wheal Penhale, the lode in the 40 f1.n78.1 lis
worth
much improved, and the caunter lode in the
. opening on it north and south, is stated to be
from 501. to 60/. per fm.
From the Merllyn agent's report, which gives a moat
favourable account of the operations, it appears that in
the pitch between the whim shaft and the boundary ad-
joining, a
somewhere about 25
great deposit of ore has been taken away,
tons. One stone broken was esti-
mated at 1i- ton weight;of the entire mass 15 tons
are in stones from lit and
.
of stones as has never betrleibeen cwt., forming such a pile
one spot the lode was about t ft. seen in the mine. At
waste. This pitch waswide, without a bit of
good working on the boundary, but it
was hoped that a tons would yet be taken
away within the Merllyilinsana
The directors of the Devotnhsehiirre Great Consolidated
Copper Mining Company, at
of
7board
per share, being
yesterday, declared a dividend
from ls meeting, held
September and
of copper ores
7,1622 from net profit arisinge
and October last.
sampled for the months of
After payment of this divildesn, did. in cash,
will remain in
hand a balance of 20,524/. 6
at maturity, and reserved fund applicable to the general
purposes of the company.
At the Wheal Buller meeting, en Tunada
6954 Bs. 4a.5.4-;
counts showed-Ores sold (less dues), 3,7353? Ithe aca -
balance from last account, 960/. 75....4,
months' cost, 7811. 125.; merchants' bills, 2534 2s. • Two
di-
vidend of 201. per 1-128th share, 2,560/. : leaving ba-
lance in hand of 1,1001. 14s. 4d. The report stated tha
upwards of 1,000 tons of ore were discovered during the
two months' workings, more than taken away.
The Treviskey bi-monthly accounts show-Mine cost
for October and November, 725/. 15s. 3d.; tribute of
ore, 3321. ss. 7d.; merchants' bills, 334/. 4s. lid.; Tre-
savean water-charge, 2291. 7s. 9d.=1671. 13s. 6d. By
ore sold in Sept. (less lords' dues), 3,4421. 105. 3d.;
leaving a profit of 1,771/. 16s. 9d.; to which add balance
last account, sa gs
15/. per share. (1,800/ )
srl I 813/ .54 2d. A dividend of
hand, 13/. ss. 2d. cia.
.wl'decla. red., leaving balance in
sampled, and the same Wednesday, 485 tons of ore were
raised daring the nextetti
wuoanrateitnyt,hiss. is expected, will be
The Warleggan Consols
Sept., Oct., and Nov. ac punts show-Mine cost for
expenses, 92/. 4s. 5d.; disbursementsls,
account, in
sd. materials and other
14s. 61.-Balance last London, 52/.
re-
ceived on call, 383/. 53.; sale of tin
I Is. 7d.; cash
sp N. i )-7 Ss. 75.; leaving a balance in hand,. ore, 25/. 125,460/.
SCCOUIIt3 were passed, and the re 1291. 18s. 3d. The
report read t
leg' stetSd that another parcel of tin would o the meet-
_ for sale. The report of operations,which
soon be ready
p3-......4s ›.: efly confined to the southern part f the been
'4, ~ • .;,/. , 0 sett, was
, 4- .;,i.:::i
linLich have
eie s
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