FREE BOOKS

Author's List




PREV.   NEXT  
|<   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54  
55   56   57   >>  
the Swansea Docks from every country in the world where copper-mining is pursued. In 1814, there were only four vessels which traded with foreign ports; in 1849, this number had increased to 771; the greater proportion of them being directly engaged in the copper trade. The Cornish ores are sold, as we have seen, in the locality in which they are produced; but all these foreign ores, from whatever quarter they may come, are disposed of to the smelters in Swansea by public ticketing. This ticketing is a curious and characteristic feature of the trade. The cargoes are usually consigned to a particular class of brokers, indigenous to Swansea, and known as 'copper-ore agents.' The ore is by them deposited in large yards, where it is crushed to a certain fineness, for the purpose of obtaining a proper admixture of the 'heap.' Notice is then given to the different smelting-houses, who procure samples of the lot, and assay it. Meetings are held once a fortnight at the Mackworth Arms Hotel; and on these days the agents for the ore and those for the smelter take their seats around a table. A chairman is appointed, who announces the different lots for sale. Having previously made up their minds what to offer--for there is nothing like a saleroom competition--the smelters hand up a folded slip to the chairman, who announces the highest offer and the purchaser's name. With such expedition does this proceed, that different cargoes of copper-ore, to the value perhaps of L.50,000, will often be quietly disposed of in a single hour! It is very remarkable how closely each offer approximates to the intrinsic value of the ore. A lot of Chili or Australian ore, containing a large quantity of metal, may bring L.50 per ton, while at the same time a poor ore may be sold for a tenth part of the money. But however variable the offers may be in this respect, they never vary much in regard to a single lot. Out of the return of the twenty assayers of the different smelters, probably not a half per cent. of difference will be found in their estimates of the produce. The smelters having thus become possessed of the ore, it is transferred to their own yards, sometimes by means of lighters on the river, but more frequently by the canal which communicates with Swansea and the smelting-works. Leaving the town, and pursuing our way northwards for two miles towards Neath, we reach the copper-works. The scene is widely different in open day from th
PREV.   NEXT  
|<   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54  
55   56   57   >>  



Top keywords:

copper

 

smelters

 

Swansea

 

disposed

 

chairman

 

single

 

announces

 

cargoes

 

smelting

 
agents

ticketing
 

foreign

 

proceed

 
expedition
 

remarkable

 

quietly

 
closely
 

Australian

 
intrinsic
 

approximates


quantity
 

regard

 

communicates

 

Leaving

 

pursuing

 

frequently

 

lighters

 

widely

 

northwards

 

transferred


return

 

twenty

 

variable

 
offers
 

respect

 

assayers

 

produce

 
possessed
 

estimates

 
difference

Having
 
curious
 

country

 

public

 

mining

 

quarter

 

pursued

 

characteristic

 
feature
 

deposited