The Sun.
London, England, 1851-02-08 00:00:00

THE SUN, LONDON, SATURDAY

great edit has much improved-the , ore more massive
than in any other mine in the count • Penrhiw is mak-
ing
a small profit, and would do we 11, if a market could
be found for a mineral half iron I grites and half lead,
which might be brought into recit usition for manufac-
turing sulphur, as well as obtaining the lead.
We noticed last week that the Late workings of the
Great United Mines had not paid xxit: at the meeting,
held last Friday, the accounts show wd a loss on the two
months' working of 1,3001., and the agents reported
that, unless discoveries were made, the mine could net
be carried on. It was resolved t give another two
months' trial, and unless great impr,eirement takes place
the works must stop, and with them. most probably the
Great Consols; to the distress of ;the population of
Gwennap.
At the North Basset meeting, on Wednesday, a divi-
dend of 1,5001 was declared, being the third dividend
paid since the Ist of June last. The accounts for the
past year were reviewed, showing-By amount of 3,102
tons 8 cwts. of copper ores sold during the year, 16,5281.
Is. 2d. Total costs for working the mine during that
period, including royalty, 12,3671. 1 Ls.; profit, 6,1601.
17s. 2d. To dividends, &c., paid from The Ist of June to,
and including, this day, 6,070/. 03. 5,1. ; balance carried
to next account, 90/. 16s. 9d. The ref ices from the mine
are most flattering, and shall appear riri our next.
At the Wheal Basset two-monthly meeting, on Tues-
day, the accounts showed-Labour cos affor Nov. and Dec.
2,2021. Bs. I ld.; merchants' bills, 7( igq. 9s. 9d.=--2,9981.
18s. Bd. By copper and tin ores so Id, Nov. and Dec.
(less 1-15th for lord's dues, 403/. 16s. I d .), 5,6531 6s. 4d.;
leaving profit, 2,6541.6 s Bd.; and baloa ce in favour from
last account, 490/. 9s. 10d. 3,144/. 16 s. Bd. By divi-
dend of 101 per share, 2,5601: leaving balance to next
account, 584/. 16s. 6d. It was ma olved that more
vigorous operation be commenced in, the south part of
the mine, as soon as convenient.
At the East Basset meeting, repre & rating 236 out of
256 shares, a call of 51. per share was made.
At the South Tolgus meeting, the a c counts showed-
Ores sold (less dues), 2,0641. 15s. ld. By mine cost and
merchants' bills, November and Decem L.er, 1,2481. Os. 7d.;
leaving a profit, 8161 141. 6d.; to v inich add, balance
last account, 874 6s. Bd., and deduct dividend, 2/. 10s.
per share, 6401., and paid on account of new engine 1501
-leaves balance to next account, 114/. is. 2d. The re-
port states that the whole of the pros' )cts appear very
satisfactory, as the improvement in the, eastern levels, on
south lode, more than made up for the poverty of the 42
west, on the north lode, while in all ,other parts of the
mine the rate of discoveries of ore is f fully maintained.
At the Wheal Langford and Wl2, !al Baring United
meeting, the mine accounts up to the ,end of December
showed a balance in favour of adven hirers of 7441 42.
9d. A report on the mine, from Air. arthur Dean, was
read to the meeting, together with ttee agent's reports.
The statement of accounts submitted at the Gu.tavus
meeting showed-To balance in See at,>mber account,
1,272/. 15s. Bd.; mine cost for the thre e months ending
in December, 357/. la. 6d. ; merchant: 4' bills, 264/. 11s.
5d.=1,8941. Bs. 7d. By call of 11. 41 . 9d. per 1,026 th,
1,2691 133. 6J.: leaving balance agaiti.s t the mine, 624/.
15s. ld. To cover toe loss, and fur cal further prosecu-
tion of the mine, it was resolved that. a call of 20s. per
share be made.

At the l'avy Consols bi-monthly zw eting, on Tues-
day, the accounts showed—Balance f -t m Dec., 23/. 1 Is.;
Nov. cost 1881. 7s. 8d; Dec., 136/. 17-s . Bd.; merchants'
bills, 1221. 6s. 4d.; petty cash, 12! 3i. J. = 4831. 6s. sd.
—Oct. ores sold, 147/. 19s. 7d.; c itto. 210/. 2s. Id.
—balance down, 1251. 4s. 9d; liabilait )3. 375/.; estimated
assets in ore. 2791.

At the Peadarves Consols meet it g the accounts
showed—Balance of last account, 8121. 3s. 7d.; mite
cost fur Oct., Nov., and Dec., 542/.. 135.; merchants'
bills, 2041. 12 e. 7d. = 1,0501. 21. —,t3y copper ores
sold, 271. 18s. hi.; cash received on call, 5131. = 7871.
Its. I id.: leaving balance against adventurers, 2711.

10s. hi. A call uf lOs. per share wes m ado to meet thu
ha:luxe, and carry on the future ope7mtie ns of the mine.
At the Rot Sharp Tor meeting, on the 16th Jan.,
at which Alderman Copeland p:nsideA. the accounts
were submitted and passed, and th.) report of the
agents recoirA. The accounts showed—L.,zbour cost
for September, October, and Novombssr, 2051. 19s. 7d.;
merchants' bills, 971. 7s. 2d. ; miler disburse-
ments, 1151. 7s. 93.-=--4141. 14s. 61—Bal, tEsce on last ac-
count, 1371. 12s. 41.; cash received on ce 31, 5101. 10s.==
6481. 2s. 4d.; leaving balance in favour of adventurers,
2331. 7s. 101 The liabilities, including the coat for De-
cember, and outstanding merchants.' b ills, amount to
2941. 18s. Id.; and the assets, adding one. call now due,
2341. 17s. 10d,

At a general meeting of adventurers in the Black
Craig and Craigton mines, on Monday, Charles Gilpin
Esq., in the chair, the balance-sheet, showing balance
in hand, 501. I Is. 11d., and balance of liabilities over
assets, 7461. 165., was submitted and pas:md. Some de-
lay having unavoidably occurred in getting the ore to
market, owing to an accident in the adit level, and the
sinking of the vessel bearing one cargo to Holywell
, however, was insured by the committee ot ma-
nagemynt), it was found necessary to make a call of 2s.
6d. per share. There are 63 tons of ore upon the mine,
a cargo of which will be sent off for sale as soon as a
vessel can be procured. _ . _

At the United Mines meeting, held at Tavistock, a
committee was appointed to consider the rules and de-
termine on the future operations respcoting the mine,
and arrangements to be made with the lords of the soil.
At the West Trethellau meeting the accounts for four
months, ending December, showed—Balance from last
account, 2101. 19s. led.; ores sold (less dues), 1181. 15s.
10d.-329/. 15s. Bd. To costs and merchants' bills,
146/. 3s. 2d.; leaving balance in favour of adventurers,
1831. 12s. 6d.

At a general meeting of Praed Consols, on Tuesday,
a bmall call was made to meet the expenhes of opening
and clearing the shafts and levels, preparatory to the
erection of a steam-engine, which will be down early in
the spring.
At the Hennock meeting, it will be seen that there
was a balance in favour of adventurers of 1731. 18s. 10d.;
the total receipts are 1,708'. 175.; arrears received,
202/. 135.; cash on call, 3751.= 2,376/. 103.—Mine
cost, as stated in former account, 1,6521. ls. 5d.; labour
for four months ending December, 2621. 16s. 2d.; mer-
chants' bills, 2571. 185. 10d.; other charges, 261. 148.9 d.;
leaving balance as stated. The account of liabilities
and assets showed a balance of assets of 1321.
33. 7d. The agent's report is satisfactory, and
the appointment ot Mr. A. Murray, jun., as inspector of
the mine, was confirmed, the general feeling of the
meeting being that of confidence in the speedy success of
the speculation. Some splendid specimens of ore were
shown at the meeting, and valuable discoveries, it was
stated, were continually being made is the progress of
the workings.
In Foreign Mining shares business has been done in
Australian at an advance of 103. on previous prices; also
in Cobre, St. John del Rey, Worthing, and in United
Mexican, the latest quotations ot the latter showing an
advance of about a on last week's quotations.

RACING FIXTURES FOR 1851.

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