The Sun.
London, England, 1851-08-18 00:00:00

were twenty tons of lead ore at grass. A call of ss. per
share was made, and from present prospects the concern
will very nearly pay its own way.
At East Tamar meeting, on Tuesday, the accounts
showed-Balance last account, 6731. 15s. 10d.; received
for silver-lead ore, 9061. 53. 3d.; fluor-spar, 261. 2s. 6d.
1,6061. 33. 7d.-Cost sheet for May, 5351. 16s. 5d.;
June, 5231. I ls. 5d.; law expenses to the 30th of Sep-
tember, 121. 125.; discount, 41. 13s. 6d.; office expenses,
one quarter, with rent, stationery, printing, &e.,
281. ss. 6d.; leaving balance to next account, 5011. 45. 9d.
The liabilities to the 14th of October are estimated-
Costs for July and August, 1,0601.; office expenses, 301.;
dues, 369/. 16s. 7d. = 1,4591. 16s. 7d.; against which is
the above balance of 501/. 4s. 9d., and 72 tons of silver-
load ores sold on the Ist inst., about 9201.
At South Tamer meeting, on Tuesday, the accounts
showed-balance last account, 6241. Bs. 10d, ; received
for silver-lead ore, 147/. 19s. sd. ; call, 1,0201. 17s. 6d.=
3,1171. ss. 91-Coat sheet for May, 7501. 16s. 5d.; June,
7181. Os. Id. ; moiety of the cost for stamping engine,
390/. ; law charges to 30th September, 281. 3s. Bd. ; dis-
count 101. 19s. sd. ; London expenses, one quarter, with
rent. stamps, printing, &c., 281. Is. 6d., leaving balance
to next account, 1,1211. 4s. 81 ; due upon call, 1041. 28.
61=1,225/. 7s. 2d. Estimated cost for July and August,
1,6001. ; office expenses, 30/. ; dues, 392/. 2s. 3d.=
2,0221. 2s. 3d.; leaving balance of payments over receipts,
7961. 15s. Id.; and second moiety of stamping engine,
3901., against which there are 60 tons of silver ore sold
on the sth inst., about 9791. 101.
At the Kingsett and Bedford meeting, on the 6th inst.,
a call of 3s. per share was made.
The Kirkcudbrightshire quarterly account stands as
follows :-Lead ore sold from May 1 to July 10, 1,6321.
aini.dlJ3lly3cdo.
;s t
leavings, 1,4 071.b1a3lasn.
cl
el din;
boa3laSndce; lelassstMaaycCojuunnte;
hand, 2721. 13s. 6d.; and 40 tons 17 cwts. ore sold sth
on Monday, the an-
August, 3971. ss. 4d..
counts At e
esfhilowG:l-nepneenT ttien 144
to date, 1,200/. 7s. 3d.;
payments made, 1,0341. 14s. 4d.: leaving a balance against
adventurers of 1691. 12s. 11d., which accounts were re-
ceived and allowed.
At the bi-monthly meeting of shareholders in Rhos-
wydol Lead Mines, on Tuesday, the accounts of receipts
and expenditure for the two months showed a balance in
favour of adventurers of 23/. 16s. Id., and six tons of
ore ready for shipment.
At the bi-monthly meeting of the Dyfngwm Lead
Mining Company, on Wednesday (W. Prosser, Esq., in
the chair), the accounts showed a balance against the
mine for June and July of '2321. 19s. 2d., against which
thirteen tons of ore were ready for shipment. A call of
2s. per share was made.
At East Wheal Rashleigh general meeting, the ac-
counts, ending 31st of July, amounting to 73/. 17s. 6d.,
were passed, and a call of is. per share made.
At Wheal Arthur bi-monthly meeting, on Thursday,
the accounts showed the amount of liabilities on the
mine to be 1171. ss. Id. Cash in hand and to receive
from calls, 3381. 11s. 9d.: leaving a balance in favour of

the mine of 2211. 63. Bd.
At the Wheal May Mining Company's general meet-
ing, held on Thursday, the financial position of the
company showed a total of 171/. 2s. due to merchants,
including all liabilities for machinery; against which, on
the creditor side of accounts, stood 529/. 2s. 6d.; leaving
a balance in favour of adventurers of 3581., without ac-
counting for the engine, machinery, &c., on the mine.
At a general meeting of adventurers in Black Craig
Mines, on the 13th instant, the accounts showed a ba-
lance in hand of 139/. 15s. 2d., and a balance of assets
over liabilities of 271. Bs. sd.
At the East Tolos bi-monthly meeting, on the 7th
instant, the accounts showed-Balance in hand from last
account, 1111. 17s. 4d. Coats for May and June, 143/.
95.; leaving balance against the adventurers, 31/. lls. Sd.
A call of 1/. per share was made.
At West Cern Brea meeting, on the Ist instant, the
accounts showed-Costa for May and June, 115/. 10s.
Id.; less deposit on commencing, 321.; leaves 831. 10s.
Id. to next account. A call of 12s. 6(1. per share was
made.
At Wheal Daniel meeting a call of 5/. was made.
Sales have been effected this week in Mary Ann, Tre-
mayne, and North Buller, at an advanced price; also in
Alfred Consols, Bedford, Callington, East Pool, Lewis,
North Pool, South Caradon, Trehanv, Trelawney, &d-
-rain Consols, Cockley Beck, Cook's Kitchen, Devon and
Courtenay, East Tamar, East Leisure, Heignaton Downs,
Hennock, North Buller, South Tamar, Trevethy, Wheal
Zion, Devon Consols North, Wheal Fanny, West Pro-
vidence, La Min, Merllyn, Treviskey, and Barrier.
In Foreign shares transactions have been done in
Cobre, Copiaee, and Marmato, General Mining, St. John
del Rey, and United Mexican.
At the Worthing Mining Company's second annual
meeting on Monday, the accounts showed-Calls,
15,0001.; purchase of estate, 4,6141. 155.; sundries, 921.
Sc. 2d.; labour cost, 1,0481. 10a. 4d.-20,7551. 13s. 6d.
Original purchase of 8,000 acres, with interest, 8,4771.
163. Sd.; machinery, 2,5961.45. id.; wages, salaries, &c.,
3,4231. 17s. 10d.; colonial committee, and expenses,
1,723/. 18e. 3d.; freight, 4031. 14s. Id.; legal and preli-
minary expenses, 2,373/. is. 6d.; calls in arrear, 1,1141.
14s. 5d.: leaving balance at the bankers, 6421. 6s. Bd.

THE SUN,

LONDON,'

" All these arrangements comprise the establishment ;
of the company's wires for the public service, as well a. I
Close exclusively devoted to railway purposes.
" When these great works are completed, it is be -
lieved that the main features of the practical application%
of the invention of Messrs. Cooke and Wheatstone will.
have been achieved; but your directors will not rest.
satisfied till all parts of the kingdom shall be provided
with telegraphic ccommodation, and until they have
so combined and economised the system as to bring it
into the most extended use for which it is naturally
adapted. The company are prepared to establish g •
station at any point traversed by their wires, upon th sir
working expenses at such station being guaranteed to
them.
" To have prematurely undertaken further reductii ►ns
of the tariff, would have been to have endangered Ili e
existence of the whole undertaking; but the extensi
of a
and development which is now assured, with the fact ths t
the central working expenses do not increase with th e
increased length and number of the lines, have enable
the directors once more to take into their consideratio n
the revision of the tariff; and though they will make n o
change hastily or imprudently, or for the sake of a pr( -
sent popularity endanger in any way the permanent
operation of the undertaking, yet their most anxioi Is
desire is to make such a reduction of charges as the it
increased facilities of serving the public will admit,
without injury to the commercial credit of the concern.
" The extraordinary nature and originality of the en-
terprise for a long time retained the shares of the ',om-
pany in the hands of the original subscribers; now, how-
ever, that they are more dispersed, and the stability of
the undertaking is assured, and the great convenience
and utility of the system acknowledged and appreciated
by the public, it has been thought advisable to place
them in a more negotiable form than the original amount
of 1001., with 501. paid.
"Accordingly, a Bill was brought into Parliament
and an Act obtained by which each 1001. share is con-
verted into four shares, the 501. paid being apportioned
as follows:-
1 Share 251., on which is paid ...
1 Share 251. „
1 Share 251.
1 Share 251.

... $2O
... ... 20

••• ••• 5
If
91 • • • ..• 5

4 Shares,loo/. £5O
" The Act provides that no call shall be made on the
201. shares until the payment on the 51. shares amounts
to the like sum of 201.; and on a further sum of 21. 10s.
per share being called, the company are empowered
to issue debentures to the extent of 150,0001. im-
mediately.
" The large extent of new works, which includes the
Manchester and Sheffield, the Great Northern, the Great
Western, and the Bristol and Exeter Railways, a lengh
of upwards of 970 miles, in hand, which, to suit the
present position of railway companies, are undertaken
at a rental instead of a fixed price, as formerly was the
practice, require that this call of 21. 10s. should be made
immediately; and as a fair rate of interest is secured by
the contracts for which it is required, and a contingent
advantage from the profits from new stations is probable,
the directors have no hesitation in adding this amount
to the paid-up capital of the company. It is proposed
that the dividend shall bo paid pro rata upon each de-
scription of share.
REVENUE ACCOUNT FOR THE HALF-YEAR ENDING
JUNE 30, 1851.
Salaries and wages £5,637 6 3
Office sundries and station expenses ... 701 0 5
Rent, taxes, gas, and insurance ... ... 1,686 3 0
Books, stationery, and printing ... ... 739 3 5
Postage ... ... ... 101 17 9
Miscellaneous expenses ... ... ... 723 19 6
Works ... 4,792 0 6
Law charges ~. ... ... 130 17 10
Direction ... ... ... 250 0 0
Balance ... 10,767 3 8

£25,529 12 4

Receipts for messages, subscriptions, and
maintenance ..• ••• ...g25,529 12 4
" ALBERT RICA.RDO,
Auditors.
"J. E. SANDERSON,
" J. LEWIS RICARDO, Chairman.
" J. S. FOURDRINIER, Secretary."
- _
DREADFUL STORM IN NORTH

NOTTS.-FATAL ACCIDENTS.