Ar the mostings of the Perak and the Selangor lin Mining Companies whioh were held last week, the suggestions of Mr. Hanghton, the engineer who lately specially examined the properties, wore approved of. But it was resolved to wait until the views of the Hongkong shareholders on the proposed action of the directors, founded on Mr. Hanghton's report, had been ascertained. The explanations which Mr. Houghton gave to (be meeting of the Perak Company amount to this, that what has hitherto been dono has been done wrongly, and he recommended the development of two portions of the concession which have as yet been left comparatively untouched. We hope his expectations regarding these will be realized, On one lot at Chauduriong he recommends Ubatan excavation costing $6,000 should be made, and that if successful in finding paying tin, it should be let on Ube tribute which is apparently the only way in which money can be made by Europeans from tin-bearing land in the Straits. On the other lot at Salama Mr. Houghton is of opinion that a tin lode exists; and when a shaft has been sank, and the lode Las been found, ho thinks there will be no difficulty in obtaining further capital to worl Nor will there be if 250 nores of the land sells in London for £100,000, which is the least price at which Mr, Houghton would think of patting it on the London market. If Me, Hanghton's remarks on the results of working the Perak Company up to this time come under the notice of London men of business, they may render them cautious about receiving the estimates of what the Salawa lob may be worth, It la not usual to talk of the returns from tin mining, or anything else, yielding a percentage of profit without taking the cost of working into account, The statements made by Mr. Houghton garding the Selangor Company, entirely bore out what we formerly said of its position, prospects, and the policy which should be pursued by the proprietors. As far as we can judge from the plan of fatare operations suggested by Mr. Houghton, they seem to be likely to muke the companies pay. They are, we believe, founded on what experience has shown to be the way in which the tin deposits of the Malay Peninsula can be most profitably worked, The expenditure necessary to prove the value of the lots is limited to moderate sums on both concessions, and me few months the best or the worst of them should be known, It is to be hoped that after the severe dise appointments which the shareholders in the Companies have sustained, they may Lave better fortune in the future, THE FRENCH-MAIG PAPERS, Tue death of General Gordon is spoken of and lamented in all the daily papers now to hand; the expressions of the weekly publications have of course not yet reached us. The Pall Mall Gazette says that a career
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