The Sun.
London, England, 1869-02-10 00:00:00

The Price of Gold.

Tfie quotiti in of gold at Paris is itbout at par, and
t'ie short exeliang-e on London is 251. 151 per £1 sterling.
On comparing these rates with the English Mint price of
£1 lie. lOid. per ounce for standard gold, it aiiptiv-s Vt3t
gold at the above price is abut 140th p.r cent. dearer in
Paris than in London.

The coarse of eichauge at New York ou London for bilis
at 00 days' sight was on the last date about 1091 per cent.
At this rate there is no profit on the importation of gold
from the Unit rd states.

VIRGINIA ENTERPRISE, December 3d.—A cor-
respondent writing from Belmont thus de-
scribed the base metal range at White Pine :
Opposite, to the west, is the higher summit
of White Pine, called the " base metal range," and
here the metallic substance is more massive, but
contains lead in abundance as well as other metals,
with considerable silver. I have no daubt that,
souse day not far distant, the base metal range will.
be the pro►ninent feature of IVlnte Pine, but at pre-
sent it is only prospected slightly; and yet I have
seen assays from its rock which, three years ago,
would have created a stir in mining circles. Iu
short, there is at White Pine abundance of ore
from the " pure stuff" which only needs smelting
down, through all the grades of silver ore, to
that which is so near pure lead that it will not
pay in any way that silver ores are worked in
America. Another correspondent writes : About 60
miles south of White Pine, on the White Pine
range, nearly due east from Belmont and Hot Creek,
new districts have been discovered in slate forma-
tions. The matrix is a fine quality of white quartz;
the ore is greenish and yellowish in the pay streaks,
and the white Fortion of the quartz is injected, or
shot, with spots of metal resembling molybdinite.
Several assays show silver from $lO to $1,300 per
ton. These new districts will be fine ones, if they
prove to be rich and durable, as they are in close
proximity to the finest range of building timber
now known east of the Sierras, with abundance of
water-courses.

INSTRUCTION IN THE INDUSTRIAL ARTS. —A prac-
tical philanthropist in Massachusetts has founded a free
industrial institution, to provide instruction for young
men in branches not taught in public schools; and for
this purpose there are clepartme nts of farming, mechanics,
engineering, architecture, metallurgy, chemistry, mining,
taaching, Sc., &c. Several hundred thousand dollars are
already provided, and one generous donor has given
spacious machine shop, completely fitted and furnished.
—San Francisco Scientific Press.
_ _ -

Brooklyn,
tl
Inmanhe bu il
' by Messrs. Tod and M‘Gregoira,
arrived tho Mersey on Thursday
Steamship Company,
' The new screw steamer
2911 tons, customs new measure-
' from the Clyde. She is ,
workedorn the Clock,toithe Cumbraes,
horse power, and the run
bow,
oCfitglaso,-foNBv,
was made in 59 minutes
d on the port
with the win
rate of 13i knots per hour. Sho
and a half, being at the. _
C.
by
with the tide in her
ment, with engines whichfr to upwards of 2,300
38 seconds.
three minutes and
favour in
A very novel iron brig, to carry molasses, in
launched in Boston. She is 130 feet long,
bulk has been
ran the measured mile off Crosby
and will register about 356 tons. The bold.
depth of hold,
140 feet on deck, with 27. feet breadth of beam, 11 feet
is left entirely free for cargo, all her crew and officers'
nceo rnmodation being on deck. She has seven circular
tanks secured on an iron platform, and braced from
the sides—these are all connected with one another in
such a manner that they can. either be united or discon-
nected at pleasure. Their combined capacity is 90,000
gallons. On the top of each there is a turret to allow for
expansion, and also over each there is a hatchway, so
tint they can be examined around, above, and below, at
all times. She has a powerful steam pump, by which' to
discharge, and it is estimated that in six hours her cargo
can be pumped out. At the place where she will dis-
charge in Boston there is a tank to receive her cargo. Be-
side the tanks she has considerable space in the wings
and in the ends to stow any outward cargo that may be
required to ballast her. Iler name is Novelty.
The Central Pacific Railroad is completed to a
point 21 niPes beyond Elko, and 481 miles east of Sacra-
mento. The pay-roll of the Paymaster of the Central
Pacific Railroad contains the names of over 1,200 em-
ployes in the workshops of that company in Sacramento
alone. As the proportion of population in any city or
town is about five for each labourer employed in produc-
tive industry, it follows that six thousand of the popula-
tion of that city is sustained by these workshops.
DUNVILLE and Co., Belfast, pare the largest
holders of Whisky in the world. Their Old Irish Whisky is re.
commended by the medical profession in preference to French
Brandy. Supplied in casks and cases for home use or exporta
tion. Quotations on application to Messrs. Danville and Co.,
Belfast; cr 4, Beaufort-buildings, Strand, London W.Q.—[Acl
Migeznont.]