The Sun.
London, England, 1850-01-31 00:00:00

ticeable difference in the condition of the worsted
trade. Thsre is a fair inquiry fn. most descriptions
of goods, but without any material improvement in
prices. The demand for yarns is still very active,
and the prices of sonic of the counts most in request
continue to look upwards. There is not much ani-
mation in the wool market, and the quotations remain
stationary.
LEEDS, TUESDAY.—There has been a fair market
to-day, and on Saturday last a very large business
was done, but the manufacturers still complain
that the merchants will not give an advance in
price equivalent to the advance in the raw material.
Business, both home and foreign, is good in the ware-
houses.

UNITED MEXICAN MINING
ASS DCIATION.

A half-yearly general meeting of the proprietors
of this association, for working silver mines in Mexico,
was held yesterday, at the offices, No. 5, Fins-
bury-circus ; Sir John EaAhope, Bart,, in the chair.
The report, which was read to the meeting, stated
that the directors had little to add to the in-

formation which was laid monthly before the pro-
prietors on the arrival of advises ; but they had the
satisfaction of congratulating them on a gradual
improvement in the prospects of the company. At
the last general meeting the proprietors were in-
formed that Mr. Shoolbred, the present manager at
Mexico, had entered into two contracts for two new
mines, call(il the "Proinontorio" and " Aldano."
The first adjoined the mine of Rayas, the vein of
which, it was believed, ran into it. The workings of
Froniontorio had been prosecuted with encouraging
prospects of success, the produce having already
nearly covered the outlay. The other mine being
situated on entirely virgin-ground, and the
shafts requiring to be sunk to 14U feet, the directors
had watched its progress with some anxiety, but
from the announcements contained in the last
dispatch, it appeared to give fair promises of be-
coming a valuable acquisition. Though the shaft
was 40 yams from the main lode, a small vein of
ore had been met with, which yielded 451. per ton.
The managers had also secured another mine, called
Jesus Maria y Jose, situated in the celebrated vein
of La Luz, and half way between the mines of La
Luz and Santa Lucia, the two richest mines now
working in Mexico. All the surface workings bad
been completed, and the sinking of the shaft was pro-
ceeding gradually. The terms upon which it had
been purchased were very favourable, and great hopes
were entertained of the successful result of this pro-
perty. The workings of the Mayas mine
had been subject to the mutations usually
incidental to mining operations, but there was
no reason to fear that its productiveness
would be diminished. The company's share of the
produce of this mine, from Ist January to the end of
September, amounted to 71,3801. s±. 3d , which re-
duced the mining debt to 462,593/. 4s. sd. Tue
Haciendas of the company, four in number, viz.,
Barrera, Dolores, Duran, and Casas and Blancas,
were kept, and would he - employed. 'The Zacateca
claim upon the Mexican Government, so long
outstandirg, bad again been brought bef ire
the attention of Lord Palmerston, and the
directors had relson to believe that his
leordihip'a instructions to her Majesty's Charge
a'aktieires would lead to a settlement. The report
concluded by recommending a dividend at the rate of
7s. Gd. per share, to be payable on and after the let of
February next.
The total receipts amounted to 43,337/. 7s. Gd.,
and, after paying expanses and allowing for liabilities,
there were left available assets to the amount of
14,7971.:75. 9d.

The CHAIRMAN said, as it had been the practice of
the company for many years to communicate without
the least reserve to the proprietors, by means of cir-
culars, all the information that was received from
the Commissioners at Mexico, they were just as well
acquainted with the state of their affairs as the direc-
tors. ist,king these communications to the proprie-
tors had been the result of some inconvenience,
and tended to interfere with negotiations at Mexico;
but the directors were ready to pay the penalty in
order to produce that kind unanimity and good feel-
ing which he was happy to say always pervaded their
meetings, owing to the frankness with which the di-
rectors treated the proprietors. J A fcer alluding to
the facts stated in the report, he concluded by moving
that it be received and adopted.
The motion was unanimously carried.
A dividend of 61. a share was then agree&to, and
Mr. Henry Bunster elected a director, in the place
of Mr. James Nelson Shoolbred, who had been ap-
pointed Manager at Mexico.
A vote of thanks was then passed to the chair and
directors, and the meeting separated.