The Sun.
London, England, 1851-12-20 00:00:00

MINING INTELLIGENCE.
(From the Mining Journal of this day.)
The progressive consolidation of business on the
Mining Exchange, by a much larger attendance of
members than heretofore, is tending to a considerable
increase in the transactions in shares of good repute.
This effect has been particularly perceptible during the
present week; the demand, however, having proved
much beyond the supply, of dividend shares' in particu-
lar, which are very firmly held. Doubtless the influ-
ence of capital may
be also traced in these circumstances
either from its natural accumulation or its abstraction
from less favourite sources of investment. The specula-.
are announced, tive class of mines have also met with a fair share of at-
tention • and where improvements
rise'name dannteocneadt,clu a cor-
respondingencein value is the .
Without being over sanguine, la
C
• we venture to predict a
still more satisfactory state of things in this • market, in
proportion as the basis of the business bedomes ex-
tended.
In the Metal Market-Copper continues very active.
and quotation well maintained. Lead n its • proved position. In tin, the smelters bmavaintains lll-
2 of blocks, ingots, and bar tin, 31. per etoadvaneed the
n, the price
now being respectively 875., 875., and 88s
livered in London, Liverpool, or Bristol,p2er ewe, de-
discount for cash. This advance is likely to ibper cent.'
mined, even should a further rise not take
and
main-
to the want of stock at the present time, and theOwein-
mated produced of the next quarterly yield from the ati.
re-
spective tin mines falling considerably short of the ex-
pected demand. Foreign has been extensively dealt in.
In Speller the market is in a feverish state, a quantity of
about 7,000 tons having been taken out of the stock by
a wealthy company, has raised the price, at which there
are buyers, but few sellers. How it will settle, time
will show.
In the Bullion Market-Mexican and South Ameri-
can dollars, buyers at 4s. I kid. per oz. Bar.silver con-
taining gold, all gold above 5 grains in the pound to be
paid for, bs. lfd. per oz. standard. Bar silver without
gold, ss. Oid. per oz. standard, Bar gold, 775. 9d. per
oz. Spanish Doubloons, 78s. 9d. per oz. Columbian
Doubloons, 78s. 6d. per oz. American Eagles, 765. 2fd.
per oz.
At West Caradoc meeting, on Thursday, at the White
Hart Tavern, Bishopsgate-street, a dividend of 4/. per
share was made. The profits on the two months' work-
ings was 1,5141. 143., and a balance remains in hand of
1,6001.
At the Levant Mine meeting, a dividend of 21. per
share was declared.
At the Stray Park, Camborne Vean, and Wheal
Francis Mines meeting, on the 12th inst , the accounts
for Sept. and Oct. showed-Balance against adventu-
rers last account, 669/. 2s. lid.; tutwork cost, 342/. 2s.
7d.; merchants' bills, 167/. 17s. 4d.; tribute on ores sold
Oct. 2, 80/. 3s. 2d.; subsist, 1224 ls. Id.; lord's dues,
201. Is. 2d..5.1,401/. Bs. 3d.-By copper ore sold Oct. 2,
4281. 6s. Bd.; tin, 53/. 3s. 6d,; profit on Wheal Francis,
239/. 19s. Bd.; leaving balance against the adventurers,
679/. 18s. sd. By copper ores at Stray Park, 388/. Os.
7d.; ditto Wheal Francis, 7864 12a. 2d.
At Wheal Trelawny meeting, on Monday, the Bth
inst., the accounts showed-Balance in hand last ac-
count, 1,8821. 75. 5d.; silver-lead ores sold, October,
1,739/. 9s. 2d.; Nov. 1,784/. 2s. Bd.; Dec. 1, 1,4864
(computed)e.6,B9ll. 19s. 3d. Tutwork for four months,
ending Sept., 2,195/. 155.; tribute, 430 Z 18s. 4d.; car-
riage of ore and materials, 165/. 2s. 5d.; dressing ores,
5884 19s. 10d ; lord's dues, 351/. 12s. 2d.; coals,
4331. 16s. 3d.; merchants bills, 1,2651. I Is. 9d.;
_ sundry
payments, 1,0471. 155.; Charles Trelawny, Esq., for
compensation for land destroyed, 1341. 15s.i leaving
balance to next account, 272/. 13s. 6d. About 500 of
the foregoing charge is for work done for the new
engine,and for the purpose of paying for the same a call
of Si. per share was made.
At Wheal Zion meeting, at Bath, on Wednesday, tho
9th Dec. (T. E. Stubbs, Esq, in the chair), the ac-
counts showed-Cash in hand last account, 2241. 445. Id.;
received for calls, 424; discount, &c., 31. 55.; advanced
by the purser, 128/. 16s. 5d.=3984 15s. 6d.-Paid ba-
lance for Sept., 6/. 7s. 11d.; Oct. cost, 349/. 13s. 6d.;
leaving balance to next account, 42/. 14s. Id. A call of
2s. 6d. per share was made.
At the Butterdon Mine quarterly meeting, on :the
Bth inst., the accounts showed-Balance account, 351/.
15s. id.; cost for July, 151/. 15s. 9d.; Aug., 1901. ss. Id.;
Sept., 208/. ss. 9d.902/. Is. Bd.-By call, September,
8124; leaving balance to next account, 901. Is. Bd.; to
discharge which, and carry on future operations, all of
15s. per 812th share was made.
At Dolcoath bi-monthly meeting on the Bth inst., the
accounts showed-Ores sold, 3,357/. Bs. Bd.; old iron,
&a. 157/. 1 Is. 10d.3,515/. Os. 6d. Cost for September
and October, 3,4321. 2s. ltd.: leaving a profit of 821.
17s. 7d.; which, deducted from debt to end of August,
2,116/. 4s. 4d., leaves balance to next account, 2,033/.
6s. 9d.
At Penhauger Mine meeting on the Bth inst., the ac-
counts showed-Cost four months, end October, 233/.
16s. 2d.; cost of steam-engine and shears, 3991.632/.
16s. 2d. By cash in hand last account, 163/. 17s. 9d.;
call, September, 4061 : leaving balance against the ad-
venturers, 62!. 18s. 5d.; to meet which a call of 2s. 6d.
per 812th share was made.
At Trelusback Mine meeting, on the 9th instant, the
accounts showed-Balance from last account, 3591. 3s.
7d. ; labour cost, September, 1931. Bs. 10d. ; October,
1811. 7s. sd. ; subsist, 61. ; merchants' bills, 1561. ls.
6d....8954 Is. 4d. By call, 5121.; clothes money, 4/. 9s.
sd: leaving balance to next account, 3781. ils. 11d. 'A
call of 7s 6d. per share was made to discharge the same.
At the South Plain Wood meeting, on the 9th inst.
(T. Camplin, Esq., in the chair), the accounts showed-
Balance last account, 168/. 25.; calls, 1641. 155...332/.
178. By labour cost, August, 741. Oa. 5d.; September,
74/. 4s. id.; merchants' bills, 411. 17s. Id.: leaving ba-
lance, 143/. ss. sd. The assets amounted to 3204 2s. 5c1.;
and liabilities, 401/. 145.: showing balance of the latter
over assets, 81/. 11 s. 7d.
At the bi-montbly meeting of Groat Bryn Consols
Mine, on Wednesday (W. Gather, Esq , in the chair), the
accounts showed a balance in band of 2,8451. 18s. sd.
At the quarterly general meating of the East Wheal
Russell adventurers, held on Wednesday, the accounts
showed a balance of 283/. 6s. 6d. in favour of the mine,
and a balance of assets over liabilities of 1501. 174. Id.
At the Devon Consols North meeting, held on Thurs-
day, the accounts showed-Balance last account, 1 9021,
6s. 7d.; iuterest on Exohequer-bills, 31. 12s. 6d0=1,9064
2s. Id.-Cost Oct., 551. 19s. 9d.; Nov., 671. 3s. 6d.;
secretary's salary and office rent, 121. 125.; printing, &c.,
71.135. 6d.: leaving balance in favoar of company,
1,7621. 13s. 4d.; the report was considered favourable.
At the Dalrhiew Copper Mine hi-monthly meeting,
on Thursday, the purser's accounts showed a balance of
615/. ss. 6d. to the credit of the mine. The works were
uninterrupiedly continued.
The finance committee of the Coed Mawr Pool Lead
Mine met on Saturday, when the accounts showed a ba-
lance of 7504 Bs. 3d. remaining after the discharge of all
liabilities, including the cost of the machinery, mine-
buildings, and a residence for the captain on the ground,
which have been erected and finished in a substantial
manner.
At the Condurrow meeting, on Monday, the accounts
showed-Balance last account 55/. 31. 6d.; ores sold,
1,729/. 4s. I 1d.=1,784/. Ss. 5d.-By labour cost October
and November, 1,295/. 12s. 3d.; merchants' bills, 3141.
9s. 5d.; dues, 86/. 9s. 3d.: leaving balance in hand,
87/. 17s. 6d.
At the Castle Dines meeting, on the 10th inst. (Mr.
W. Vivian in the chair), the accounts showed-Balance
last account, 2171. 105. 4d.; call. 3964=-6131.105. 4d. By
labour cost, August, 271. 12s. 101; September, 117/. 54.
ltd.; October, 101/. 12s. 10d; second instalment pur-
chas ) money, 133/. 6s. Bd.: leaving balance in hand,
2331. 12s. Id.
At the North Basset bi-monthly meeting, en Wed-
nesday, the accounts showed-By sale of ores, &c.,
2,569!. Is. 4d.-Mine cost, 1,7024 6s. Bd.: leaving
balance in hand, 866/. 14s. Bd.
At the &lelin-Lyn-Pair Mine meeting, at the Raven
Inn, Aberdovey, on the 11th inst., the secretary read a
statement of the accounts, showing a small balance
against the mine, when a call of W. per share was made,
for the purpose of working and the erection of a new
crusher, which is immediately wanted, having large
quantities of ore now on the surface.
At Wellington Mine bi-monthly meeting, on the 16th
instant, the accounts showed-July labour cost, 183/.
its. ltd.; August, 1891. Ils. 6d.; merchants' bills, 331
165.; income tax, 141. 1 Is. Bd.; dues, 81. 7s. 2d.....4291.
18s. 3d. Copper ore sold, 136/. Bs. 5d.; tinstuff, 14/.
25.: leaving balance against the adventurers, 279/. 7..
10d.; add balance from last account, 1271. 10s. 2d.:
leaves to next account, 4061. 18s. A call of 11. per share
was made.
At the East Pool Mine bi-monthly meeting, on Tues-
day, the accounts showed-Balance last account, 2331.
12s. 10d. • labour cost, October and November. 879/. 19s.
7d.; merchants' bills, 2981. 16s. 4d.; dues, 361. 13s. sd.:=-.-
1,4491. 2s. 2d. Copper ore sold, 9171.45. 3d.; arsenic,
34/. 10s.; tin, 148/. ea. 4d.; water drainage, 1004: leaving
balance to the next account, 248/. 18s. 7d.
At West Wheal ' Darlington meeting; Ike accounts
showed-Labour cost for eight months, ending Sept.,
4741. Os. 2d.; merchants' bills, 2,3821. ss. 2d.=2,858/. ss.
4d. By call, 1,2801.: leaves a balance against the mine
of 1,5781. ss. 4d. A call of 251. per 64th share was
made.
At Wheal Catharine quarterly general meeting (0.1
J. Wickler, Esq., in the chair), the accounts showed-
Balance from last account, 4011. ls. 11d.; by call of 5s on 1,024 shares, 2461...63/. ls. 11d.-Payment *
August, 39/. 75.; September, 65/. 12s. 4d.; Oct. 4s.
981 in
GI; merchants' bills, 186/. 14s. 7d.: leaving balance'4s.
in
favour of the adventurers, 267/. 3s. 6d.
During the week shares have changed hands in Devon
Great Consols, Alfred Consols, West
North and West Basset, St. AubYn and Grylls, East
Buller, Trelawny, South T Holland,W F -
mbar est to
vidence, Garreg, Trevelyan, West Russell, Mary Ann,
Speedwell, Chiverton, Trebarvah, Cairn Valley, Boring-
don, East Boring don, Zion, Alltey-Orib' Bedford Uni-
ted, Wheal Golden, Mining Company of Ireland, West
Polgooth, North Tamar Console, West Wheal Rose,
East Trescoll, North Trelawny, West Callington, St.
Agnes Beacon, Galt-y-Myn, Melin-Llyn-Pair, Wicklow
Copper, West Tolgus, Condurrow, Wheal Tom, South
Tolgus, Wheal St. Agnes, &c.
In Foreign shares the dealings have been in-St. John
del Roy, Cobre, Santiago, and United Mexican.
The arket for the Californian gold mining shares
has been quiet during the week, with little change in
prices. In the shares officially marked in the Stock
Exchange, a moderate number of transactions has occur-
red, besides occasional dealings in the others, but there
is no particular movement, although the aces wits of the
still increasing yield of quartz mining in California, even
with the inferior mechanical means available there, are
so stimulating. It is satisfactory to notice that the com-
panies lately established here appear to perceive the
necessity of promptitude in carrying out their ar-
rangements. A large portion of the passengers
taken out by the Medway, Royal Mail packet,
which left Southampton for the West Indies
on Wednesday, consisted of miners, including the staff
of the Agaa ciii4 and N9uYeall Ludo Wnpanies. The