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Leader (1850-1860), 27th November 1852, Edition Town of 2, Page 1147, Untitled Ad

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      Untitled Ad

      WATCHES ! WATCHES ! WATCHES ! Save 50 per Cent , by purchasing your Watches direct from the Manufacturer , at the Wholesale Trade Price . Warranted Gold Watches , extra jewelled , with , all the recent improvements £ 3 15 0 The same Movements in Silver Cases 2 0 0 Handsome Morocco Cases for same .. „ .. 0 2 0 Every other description of Watch in the same proportion . Sent Free to any part of the Kingdom upon receipt of One Shilling Extra . Duplex and other Watches practically Repaired" and put in order , at the Trade Prices , at DANIEL ELLIOTT HEDGER'S WHOLESALE WATCH MANUFACTORY , 27 , CITY KOAJD , near Finsbury Square , London . * * Merchants , Captains , and the Trade supplied in any quantities on very favourable terms .

      Untitled Ad

      CAWSON HILL MINING COMPANY . Shareholders in this undertaking to whom accidentally copies of the following report may not have been forwarded , are requested to inspect the same . Persons desirous of becoming Subscribers can obtain a prospectus and the fullest particulars upon application personal , or by post , to the Purser , at the offices of the Company , No . 3 , Crown-court , Threadneedle-street . CAWSON HILX MINING- COMPANY . At the first general meeting of shareholders , held at the offices , Crown-court , Threadneedle-street , on Wednesday , the 10 th inst ., Sir James Andieson in the chair , Mr . Matthew Johnson" , the purser , read the notice convening the meeting , the following reports from Capts . Moyle and Gulley , and the financial statement . Nov . 1 . —Since the commencement of our working the mine , we have taken up two shallow adits , one on the north part of the sett , and the other on the south , and have driven them about 120 ' fins , each ; these adits are cross cut levels ; by driving these levels we have cut through several east and wept lodes of the most promising appearance for producing a rich deposit of mineral at a shallow depth . In driving the south adit level to the northward , we cut through two east and west lodes and two north and south ones , all ot them containing most promising matrix for rich deposits , upon sinking a few fathoms on their course , the component parts are gossan , with good stones of tin and some rich spots of grey and black oxide of copper . In the north and south lodes , cut in the adit , we find some good tinstuff , and some small particles of lead ore ; besides the east and west and north and south lodes we have cut in the adit , we have cut twocaunter lodes running about south east and north-west , and upon the junction of these lodes we have met with some beautiful stones of tin , also yellow and grey copper ore . In our north adit we have cut three large lodes , running east and west , averaging in size about six feet wide , their component parts are gossan and tin , oxide of iron , and some spots of copper mixed with the prian , spar , and flookan . We have also cut three north and south lodes in this adit , which have just the same appearance as tbe east and west lodes ; these east and west lodes , I may observe , are supposed to be those of the Wheal Fortune , and about which we consider there can be no doubt . The north and south , lodes before mentioned are the Manor Lead Mine lodes , which join us on the north side of our sett . We have opened on many others in the sett by shoding pits , one of which is from 16 to 20 . feet wide , producing some very good spots of tin and copper ; this has only been opened on to the depth of four feet from the surface . We have a great number of lodes in our sett , which you will see marked upon the p lan , all of which are embedded in a beautiful decomposed granite , which is a very favourable indication for making rich courses of grey copper orG in depth . All of these courses carry tin on their hacks , which is a sure indication of good courses of copper in depth , an proved by all tlio best mines in Cornwall—viz ., tho Wlieal Duller , Wheal Basset , Wheal Frances , and many other mines in the neighbourhood ; which , in tin ; sumo stage , had precisely similar indications , and which have , in confirmation of tho opinions of geologists and experienced miners , proved most productive . There is another feature we must not overlookviz ., tho decomposed granite from which can bo obtained flr . struto china-clay , by washing it and making some reservoirs for the Hfltlcnitiiit ol tho wutor . There in not better clay to bo found in Cornwall : while washing this clay , wo shall at tho Naino times bo streaming for tin , which wo have no doubt will pay largely , for when our machinery is eroded for nl reaming our liiiHtuH ' , wo shall extract tho tin and procure tho olny at tho Name time . In cloning our remarks , wo cannot but statd that if this mino or mines bo worked iu a proper and judicious inaiinor , it must , in our opinion , prove , a lasting it nil most productive inideitalung . QliNlCUAT . STATEMKNT Ol' ACCOUNTS . Shares issued Llj : tH 0 0 Kii-st deposit on 250 sharca Hold <> H 10 0 ; j !) 'l 10 0 Deposits now duo ¦ «> 10 0 •> ilto payable a |; future periods 12 !> 15 0 Shares iu agents'hands 71 0 0 ^ ilaries paid from April VI to Nov . (! , lHfW 14 18 0 Kent ofouW . s , from April fi to Oct . i > 21 0 0 Advei-timiifr account , im per hills delivered 22 12 11 | >() xliigo , newspapers , A carriage of parcels i ) 17 2 ilrol ( eru < i U > ft 3 ( - 'inli remitted to mine during May , . June , and . Inly ! 10 0 0 J'lllo in AuguHL and Heplitiiiber 10 IU 2 l-: wh due by . J . Ault , . L \ H lOs . ( loss commission , Ae ., . L' ! Mls . ) 1 li 1 !> 0 () m-couiil , ,, f Hlalionery , . L'D ; carriage of ""' •'" Hu'iiH , 2 s . lOd 5 2 10 : t (! l IU 4 Leaving hiiluncn L'Mli lit H 'ho (' iiaiiiman observed , tluil , what Imd been read ho well oxpluineil || lo present , position ol ' lbe company , that it . required , " ! ' 1 UV remarks from him ; ho foil , groat pleasure in eongralu-M l ' "'" " ' ' lol < ' <' rs at the Mattering protocols ; ami itH ' ' i > Hj » re . lH worn exceedingly pi-omitiing , nml if lio lind 'i n ,,, ! U ( . <) ., ( ,, ( opjmoi ^ |> y tho mooting in March tho ritlurim ()< U ( l Jiidot ono-half of tin , " expenditure , if not moro . When " er ° uwon » woro completed ho oxpoetod to moot all . A biuitll

      Untitled Ad

      All I ' olirit'M 1 nilispiiliilde , mill pnyalile lo Holder wit hm I our teen dayH a fir r Dralli , and free ol" I ' oliry . SI a nip lo I he A mm u red , Aii ( inlirely new anil motil econoiiiiciil Sealo of 1 ' remiiiniH . IIOUtf UIIOLDttlv ' S' AND a KN U \ LA L 1 LIKK ASHIIKANOI'M . 'OMI'ANV . lf > and l ( i , Adam Stuiokt , A imci . i-ii i , London . 1 ) 1 II ICOTOHS . William AhIiIoii , Kmi ) . Richard Urillil hs Wolford , Ksq . The Kev . TlmiuasCator . Mi I ward IliiHcomo , Ksq ., M . I ) . ( Diaries HiiIho , Ksii . l ' el . er 1 ' iilcrHon , Ksq . I ' . Davenport It . Webster , Kni ) . I ' eter ratoi-Hon , K ; iq ., jun . DI . NTINOTI V K AND I' l ' , «! tl 1 . 1 A U li'K AT II H I ) S . I . Kern / I'oliey in < i /> n < i / itfrli / in < lini > ufubli ' , tho slate of health , ago , ami interest , being admitted on the Policy . 2 . A lioiacr A ' cu / c t > J ' Premiums Ilitui miy atlirr Ojjicr . It . I ' oliiticsH l . ransl ' eiahle hy indorsement . ¦ li . I'olicUm J ' tiirf within b ' ourlcvii l )< tyn <{/ ' // ' Dmifh . f > . No charge for I ' olioy Stump . ( i . I ' vrtoiiH recently immtrrd in other ()//! em viiii / olt / iiin iutliripnfit / i / f I ' olicivtt J ' i ' om Iliin Cimijniiij / at mwc moderate rut en <>/ premium * , 7 . Modicwl Uoforeou in nil chhos paid by tlio < Join ] iany . ULUIiA ' UU JlODHON , Hoorotary .

      Untitled Ad

      rprrm . im ^ ninsular and orienta l _ L ST 10 AM NAVKJAT 1 ON COMPANY Hook I ' aHseii ^ e rs and reeoive ( Joods and 1 ' urrrlH for MALTA , I'KJYl'T , 1 NO 1 A , and CHINA , by their HtoamoiH leaving ( Southampton on the 20 lh of every Month . The Compsiiiy ' H HteaniiM-s also . start for MALTA iiml CONHTANTINOl'LIO on the 2 !» lli , and VKJO , OI'OKTO , LIMHON , CADIZ , ami ( UlUtALTAU , on the 7 th , 17 th , and 27 th of ( ho Month . Kor furl-lirr iuforinnlioii a [>| Jy nl , the Ciimpany ' H OH ' icch , 122 , Loailenliiill Street , London ; iiml Oriental I'lnre , Mont haniplon .

      Untitled Ad

      rnilE 15 EST MATTING AND MATS OV J _ COCOA-NUT KliJKK . Tho . Jury of Claws XX VIII . Great Kxhihifion , awarded tlio l ' ri / . ( ^ Medal to T . TKKLOAK , at whoso wnrehouse ( 12 , Luil ^ a to Hill ) purchasers will Iiml an assortment of Cocoa-Nut Kibro nianufaelnres , unequalled for variety uiul excellence at tlio most moderate prices . Catalogues freo by jiost . T . Treloar , C ( icoa-NuL Filu-o Manufacturor ,-tU , Ludgatc . Hill , 'London .

      Untitled Ad

      " Mr . Howell then called the attention of the meeting to an offer which was made by a gentleman of extensive mining knowledge and business , who proposed to take 250 of the shares at par , provided he had the option of taking a similar number within a given period . It was desirable to have the benefit of his superior talent , and it only required the sanction of tho meeting to be effected . Several shareholders expressed their approval , and the committee were authorized to act accordingly . JL ' -i 4 s . per month was voted to Capt . Moyle , £ 4 4 s . per month to the purser , and £ 2 2 s . per month to Mr . Gidley , the manager . Tho rules and regulations were read and confirmed . Quarterly meetings are to bo held in tho months of March , June , September , and December , 1853 , of which tbo shareholders are to have seven days' clear riotico ; and during tho regular hours of business tho reports , with statements of tho iinancial position of tint company , to be open for tho inspection of tho shareholders . These arrangements terminated tint buHinons of tlio meeting , when a vote of thanks was passed to Hir James Andei'Hoii , for his able conduct in tho chair .

      Untitled Ad

      the t smith ' s shop was required at once , and would not cost above £ 10 ; it would not only answer for repairing tools in , but serve for the men to change and dry their clothes in . The indications at surface were exceedingly good for tin and china-clay , but his opinion -was , 20 fms . deeper would show a good course of copper ore . They bad six men underground , the cost would be £ 30 per month for labour , &c . The Chairman then put the motion , " That the report and accounts now produced be received and adopted , and circulated amongst the shareholders " — carried unanimously . He then observed , that he entirely approved of the course proposed by Capt . Moyle , when he was prepared to point out the spot where a shaft ought to be sunk , and sink it at once , meantime the expenditure would be . j udiciously laid out in underground explorations and making discoveries . He spoke as an orig inal promoter of the undertaking , and he had not sold any part of his shares . It was his full intention , prior to the next meeting , to go down upon the mine , and see what progress they had made there , and he doubted not he should return with a satisfactory report thereof . A Shareholder inquired whether the machinery alluded to meant that necessary for a quick return of tin-ore , china-clay , &c , and what might be the estimated expense ? Capt . Moyle would first advise three months before deciding on any . They had the command of abundance of water for every purpose , and would erect a 40 feet wheel , 3 feet over the breast , complete for ^ £ ' 250 . The Chairman remarked , that they had 80 shareholders resident in the country : although only one was present , he represented a great many , and would acquaint those resident in his locality of all that occurred at this meeting , and a copy of the Mining Journal would be sent to each by Saturday ' s post . Hitherto , " Capt . Moyle , Mr . Gidley , the manager , and Mr . Johnston , the purser , had served the company without charging anything for remuneration ; all the expenditure had been in paying the men , office-rent , &c . —no money had been tlirown away . He thought now was the proper time to oiler them some remuneration . There was one feature that he liked in this concern—that of not getting into debt , but as money came in laying it out on the mine .

      Untitled Ad

      CLERICAL , MEDICAL , AND GENERAI , LIFE ASSUKANCE SOCIETY . The Assured may reside in most parts of the world , without extra charge , and in all parts by payment of a small extrtt premium . Tho small share of Profit divisible in future among the Shareholders being now provided for , without intrenching on the amount made by the regular business , the Assured will hereafter derive all the benefits obtainable from a Mutual Oflice , with , at the same time , complete freedom from liability , secured by means of an ample Proprietary Capital—thus combining , in the same office , all the advantages of both systems . Fivu Bonuses have been declared ; at the last in January , 1 S 52 , tbe sum of £ 131 , 125 was added to the Policies , producing a Bonus varying with the different ages , from 1 \\ to 55 per cont . on the Premiums paid during the iivf * years , or from £ 5 to JE 12 10 s - per cent , on the sum assured . The next and future Bonuses may be either received in Cash , or applied at the option of tbe assured in any other way . On Policies for the whole of Life , one half of the Annual Premiums for the first five years may remain on credit , and may either continue as a debt on the Policy , or may be paid off at any time . Claims paid thirty days after proof of death , and all Policies are Indisputable except in cases of fraud . Invalid Lives may be assured at rates proportioned to tbe increased risk . The Assurance Fund already invested amounts to JE 850 , OOO , and the Income exceeds £ 136 j 000 P annum . The Accounts and Balance Sheets are at all times open to tbe inspection of the Assured , or of any person who may Jetire to assure . A copy of the last Report , with a Prospectus and forms of Proposal , can be obtained of any of the Society's agents , or will be forwarded free by addressing a line to GEO . H . PINCKAED , Resident Secretary . 99 , Great Eusscll Street , Bloomsbury , London ,

      Untitled Ad

      BANKS OF DEPOSIT A ] STD SAVINGS BANKS . INVESTMENT OF CAPITAL AND SAVINGS . IVT A-TIOIsTAL ASSURANCE and INVESTJ _>| MENT ASSOCIATION , 7 , St . Martin ' s Place , Trafalgar Square , London ^ and 50 , Pall Mall , Manchester . Established in 18-11 . TRUSTEES . Lieut .-Col . the Eight Honourable Lord George Paget , M . P . Eev . Joseph Prendergast , D . D ., ( Cantab . ) Lewisham . George Stone , Esq ., Banker , Lombard Street . Matthew Hutton Chay ' , Esq ., Keigate . The Investment of Mouey with this Association secures equal advantages to the Savings of the Provident , and tbe Capital of the Affluent , and affords to both the means of realising the highest rate of Interest yielded by lirst-class securities , in which alone the Funds are employed . The constant demand for advances upon securities of that peculiar class , which are offered almost exclusively to Life Assurance Companies , such as Eeversions , Life Interests , &c , enables the Board of Management lo employ Capital on more advantageous terms and at higher rates of Interest thau could otherwise , with equal safety , be obtained . The present rate of Interest is jive per cent , pcr annum , and this rate will continue to be paid so long as the Assurance department finds the same safe aud prolitable employment for money . Znterest payable huff-yearly in January and July . Money intended for Investment is received daily between tbe hours of 10 and 4 o'clock , at the Olliees of the Association . Immediate Annuities granted , and the business of Life Assurance in all its branches , transacted , on highly advantageous terms . Kates , Prospectuses , and Forms of Proposal , with every requisite information , niaj' bo obtained on application at tho olliees of tho Association , or to I ho respective Agents throughout tho United Kingdom . PKTEK MOlfltlSON , Manaying Director . Applications for Ayewifs maybe , made to the Manayitiy Director .

      Untitled Ad

      lOsi'Aiii . isimo 1 H 37 . Jncorponiteil by . special , Act . of ' Parliament . Intending Life Assurers and Policy Holders in other Companies arn invited to examine tho rates , principles , and position of tho SCOTTISH PROVIDENT INSTITlJT 1 ON for MUTUAL l . WK AHHUKANOIO l > y MODKKA . TH 1 'KKMIUAIS . Tun Noottihh 1 ' iiovi 1 ) i : nt INSTITUTION claims superiority over other mutual odiccs in the following particulars : — 1 . — I ' l ' i'iiiiunis at enrly and middle age about , a fourth lower . ii . —A moro accurate , adjustment of tho rates of premium to the several ages . ' . i . —A . principle in the division of the , surplus moro mile , equitable , and favourable to good lives . 4 . Kxrniplioii from entry money . All poliiien indisputable , unless obtained liy fraud . Sl'KCI M V . NM OF I ' lillMllIMS . Annual I ' rcmiumxJ'or . 11100 , irith whole ]> r <>/ itN . Ago no | si , | : to | : tf > ] 40 | 4 f > | fi <> | i , c > ' ~ . ci i . . h ; i ik o | ¦ :. i <; | n <> 10 | u it <> | : i r > «> j i i 7 | r » i 11 A 111111 it I . I'remiuma , jinynblrj ' or 'J . I j / enrn on !' , ' / ,. /< "' X' 100 , with whole jirojiti . A ;; o 12 O I lift I HO I : «> I 10 I 15 I t > 0 VZ 7 H > I li 10 S I -I I 1 , ( i I - I I !) H I : ( li I I : ( I I !• I I . 7 X _ A con 1 j in li son oft lieso premiums wil h IIioho of any ol . her ol licit will lit iiiicn show Ilio iniiiicili . il . 1 iiilvanl-Hgo scoured in tlio Hcottihii I ' lioniiiiNi , Tbe preiniiiiiiM pnynhle for Ul yeurx only mo neiirly IlioVdiino an ninny ofllee . i requiro dining tho wliolo oflifn . I ' ltOliKliMN . 'Hiiieii ils institution in IHH 7 , t . hiti Society Iiiim issued upwards of d 7 M ) policies , Ilie ii . ihiiihihch e veeedinj ; Two Millions mid li llnlf , n , roHiilt tlio morn mil iNliielory , as lint Directors have ( Irml y nilbeieil lo Ihoir rule of iillouing No ( ! oiiiiniHtiii > u lo any otlior thiin Ilieirown recognised ollleiai iijjonls . Its wbolo alliin 1 hiv in the most , pruH |> oroiiH eondil ion , 11 ti tihown liy I bi' Annual lieporlM , whieh uilh prospectus , tnblcs of annuity and umhiii'iiih'o premium , anil curry inl ' iii'iiiation niiiy bo obtained , free , on nppliciil ion lo tho London JJranch , 12 , AUior-L'uto Htroot , City . UUOUUJti UliAiST . lieoidtmt Secretary *

      Untitled Article

      November 27 , 1852 . ] THE EEADE R . 1147

  • Citation
    • Leader (1850-1860), Nov. 27, 1852, page 1147, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct1962/page/23/