The Practical mechanic's journal . heonly mineral of that kind in the institution. III. The Montacute Mine, distant about ten miles from Adelaide, nowbelongs to a company whose paid-up capital is £5,000, and whose pro-perty consists of 640 acres of land. Immediately after its purchase inFebruary, 1844, the working was commenced, so that, during the fol-lowing year, 331 tons were sold at Swansea, realising £4,548 10s.; dur-ing 1846, 210 tons, realizing £3,576 Is.; and to November, 1847, 55tons, realising £1,029 18s. This statement, therefore, shows an averageof £15 7s. per ton. Double the above
The Practical mechanic's journal . heonly mineral of that kind in the institution. III. The Montacute Mine, distant about ten miles from Adelaide, nowbelongs to a company whose paid-up capital is £5,000, and whose pro-perty consists of 640 acres of land. Immediately after its purchase inFebruary, 1844, the working was commenced, so that, during the fol-lowing year, 331 tons were sold at Swansea, realising £4,548 10s.; dur-ing 1846, 210 tons, realizing £3,576 Is.; and to November, 1847, 55tons, realising £1,029 18s. This statement, therefore, shows an averageof £15 7s. per ton. Double the above quantity had been raised, butwhich, we presume, will not be shipped until smelting he adopted, orfreights reduced, as the heavy expense of sending it to England, andsubsequent charges, form a serious drawback to the operations of thismine; and whether the ore be rich or poor, the cost of raising, cartage tothe port, and freight, &c, remains just the same. Indeed, the fact of llnit I BOTBLE IYLJNDEX : MHjiSjflO BEfGJNES .. * \ IW / i
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Keywords: ., bookcentury1800, bookdecade1840, bookidpra, booksubjecttechnology
