The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-10-25

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carried out $4,000 in specie and the Black Warrior for
Havana s12o0co in specie The dem md for foreign ex
change for remittance by the franklin was only mode
rate, without change in rates
The Whaling Insurance Company, OF New Bedford has
declared dividend Of eight per cent In addition 10
dividend of sever per cent previously declared during the
present year. The company is to D. merged in the
Union Mutual Maxine Insurance Company which ia pre-
ided over by the same directoriaI board
The message of the Mayor Of st. Louis stsos thu. thu
debt Of that city on the let inst s20sS oo6 being
an increase OF s2s2 eco during The The whole
Of bonds for the twelve months si3 0eo Of which
Sl25oOo for railroad stock the remainder pru
cpsy for construction Of the city works harbor
improyeme nts and sewerage. The payments account
Of the debt for the year j eco The whols amount
Of the bonds issued for railroad purposes
interest which IL paid by the Ohio and Mississippi and
Psciac railroads. the former In cash. the latter in certs
Gates of stock The present market value OF the city
bonds s eT against 81 in 1872
The mining interests Of the county likely to re.
GIVE stimulus v. believe from the operations of some
Of the companies now successfully penetrating and
bringing to Light the rich with which this country
sbounds UBfcr,uuesly sush enterprises have been too
often speculative saiis drawing money from the
pocket Of the csedulou., BY
"Keepinr The word Il r-orniso 70 she ear
Brt freattE 10 . the heart"
No matter. therefore how fair and honorable ths de-
signs Of an. company may be- started now viii have
serious sbssees 10 encounter That such compsny Ia
In operation inclined believe. We refer /,
the great Northern Lesd Company which has done
In the past tso months in developing the resources OF
their mines than any other mining company has ever
Gone in the srae- q time in this country az least
There Is nc stock in the market ani apparently ais
position 60 push II ard taking this fact In connection
with the great eresy with which the the mines
are profeeutcd there appears 70 BE- doubt that the
enter prise is legitimate and that the company In
tend to show wAe they do before asking the public
to embark any capital in u. This mode Of doing business
Is TO say, the least very respectable one, and calcu.
leted 70 insrire greet confidence The Coal Hll and
Union mines Of this company situated 10 st. Lawrence
county in this state; and II l. evident that In the neigh
borhood he asr islooked upon with great favor The
edfer Of the 81. IesrnS Coa'v hsqt.bfeen recently
,fed tho works and gives the foloS ing e 10 tho
columns Of his pAysr;-
TuE Disoovrsy or HtcH vrIx o.. Lslp Ar Rosstr
IL having been reported quite ntly that new aui
rich vein of Iced had been found AZ Rosie Nv tue oom
pary which had gone 10 work there for he purpe OF 70
opening the old mine took ion 20 yt tho phase
lest week prcsumipg these things 70 be matters Of
sity and interest 70 ali readers well "a to aur,ya
Ne cor fees that visit has agreeaily surprised us
livery kpswa and wildly mtarl how great were
The here's ard an'icipatons of the people Of tubs comnu
nifty when these nea ret opened in the year 1895
and DO M. believe they ronld underae the value OF
Their sDccasr Dow. We think from what in tue
copc Of the two dovs spent there that very few OF
f'adsrs aware how strong xfIod Is icing
msde to devetope their worth render them
full. Over hundred men actively engaged In pre-
pairing the mines for being vigorously worked aud the
state OF forwardDese already persptible, Is highly
pronhipo About ffty feet south Of the old vein
from which s25o.o00 81 ore was taken at Coal Till
elmost parallel with II and only few fc&t from where the
pfour was ORG inally broken vein rich at the
face bas been found; and in addition to this suothsr
rich veB bas been fonDd the mine farther north
Then there IL the Urion mine Parish vein rich in
lead in which tho sbsfs sinking Bcedee thee
there il the great Coal ul mipe itse All these veas
and Inc. rich they end which one can
hardly ia any dircton without seeing rich lead
ore convince us that lopg ths misirQ concorn will
become gigantic 10 Us operations aud prove OF
revenue 10 fhose who hnve for~srd With their
monty and 'ber skll b. ib. rtup"n3ous undertaking
The thing appears 60 be ia charge ~ Wedge
and resolution and the work is moving apaco with tho
most rratifyi & aFursnce OF success
two ccmpantes who ofi ynsly worked only two hun.
dred feet In length each obtained COO worth Of
nefs in short srscc Of time what may be resscuaby
expected o. tLis new company wins bsyo nearly four
unesM many places open, NIL under Que management,
npo pctry mile square n ncv ground 70 work Wo
hsh watch the progress Of these mines with interest,
sno ehau keep cur readers app ssd n what they
uole sno wbst they promise 20 do. Already there are
ana large buildings ercotiog and large number
vi srssefenced miners have been imported from Cora.
80 nne'sno ard competent overseers engaged, who
are thortiy expected 10 arrive
The snnexsd statement exhibits tho ouantity snt Va
ht Ntitt~I Other tb'p Try ,aS.s lr,norf '1to eb.