The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-08-31


Mr. F. s. Lyon the commissioner end trustee for the
old State Bank Of Alabama and branches has reported
to the State authorities statement Of Ais collections
from the 1st Of January to the LIST Of July The aggregate
amount il $l42 1872 3d. Tho folio wing the collections
on behalf Of the Mobile branch
Amount collected rsbt marked good" $40 OIL Al
On dsbt married "dou6tfuP. 1928 %
On debt marked bad. ................... SOL So
On debt not csssed. 47oo2 VI
Total $40, ia IS
The aggregate amount collected for the Central,
mother bank IL s23 o12 SO; for the Montgomsr, branch
SIS $50 %; for the Decatur branch $40 432 So for
the Huntsville branch, e7-2 II.
The annexed Communication in relation to the affairs
of tho Cumberland Coal and Iron Company, came very
near losirg place in columns accaunt OF its
great length but is Importance and the number of peo
pie interested In the subject have induced to give it,
H. con firms all the statements have made regarding
The Encouragement Of this mammoth concern, but
points out remedy. II is believe in the poser of the
s.oc holders to many of the which hTs
weighed heavily and dsastrously upon the opera
tons Of the Company and IL after this appeal they
ain quiet they beyond all hope and EMIT Cd to
sympathy from the community -
CUMBERLAND Coal IRON COMPANY.
To THE sT0cHHoIDEis-Berg resident tho banks of
the Potomac and having some kno Wedge of The Cumbsr
lal coal fields which many Of probably not in
pohseshou Oh Vuo suuJecL
Of our property and its mar agement, for ny self
stock hol6er well yourselve3 which may be Of in
te'est to You and which properly regarded and acted
on may rave you much sacrifice In your stock. To
able ourselves to understand the subject fully
lock at the geological character and extent Of tho Cum
berland coal basin exter ding frm PennyI yanis from
point nearly northwest of Wills mountain, for abou.
forty five miles in extent, Mary land four to
ten ziles in breadth and terminating ia virginia.
Ssar Nesternport, Allegheny county, Maryland. This
basin, is detached 6sd. and NOT q part of the
great Allegheny bituminous cosl Geld, which lies
bitumen and more carbon to the weight Of
COAL not produce much gas is not susceptible
the Allegheny Mammoth field especially the camel coal
OF which latter species the most beautiful jet like
ments may be made. without materially soiling the an
gers. Nor does it resemble the anthracite in the lasters
slowDess in ignition and intensely aarg and corrodng
upon the the furnace the steam engine
lis equenty, better adapted 70 the purposes Of
manufacturing, aud Of propeling steamboats, ANA loco
motives, than either Of the o,hef two kinds Of coal
From evidences well known to biologists and
mating of coal and sandstone, and slate clay,
which always found In coal fields have been formed
hy ysgstsns growth Of land plants tree ferns &c
wster and Afterwards the deposits from this overflow
of the waters became dry land again; upon which So
cond growth Of vegetable productions has arisen, to
be again. in their turn, ovSsaowed with water,
and to be covered with q deposit of sand and
clay; which again becoming dry after the exploration
in it's due time is also covered with water and tbs de-
posts Of the debris Of other parts Of the solid portion Of
mating ans Of cos sandatone and slate clay which arc
four Of such different thicsnesses and in such greater
less numbers in all soalfelds varying in dseot parts
Of the world from one to sixty alternate beds The Cum
beraEd Co field is not exception to this aud the
deIe Mt It's coal which found to 9ond
in d.ent Valleys as the Georges Cfeek' and jan
niDgs Run, &C., doutless Of the geological
epoch formed under Ike or rather the same geoo
Qical ci and, In the bulk unquestona-
BY Of The sar,s quality Why then, may be Aksd, are
the now found with high ridge intervening ?
The answer is, that the parts OF what once the
continuous field, have besu rent asunder by 81
cal csusss, similar to thoss which have formed the
faults and dykes" in all coal fields the bs.slhc
the Hudson) while in semiaaid state and by of
fne gst oonvulson Of the interior OF the earth has
rent supdsr tie field and forcing itssf from beOs
the coal strata, has potruded itself through the vast
fssuta formed, and then corgesled again forming vast
ridges with the debris of the sand stone clay slate aud
bds falling upon tie side of the ridge, AID resting upon
ts incline Sides form the present coal which
crop here ard there tho sidos OF he ridge thus
10, med While the liquid basat and rocks
rered by the heo. Of the trap.rock low in this ths
sier assures OF tbs saud stops ard coal BEDS snd
form the numerous faults bnd dykes which arc found
interpreted throughout all coal fss sh,oh milo I'd
for coal Hepce We have an explanation 0 the differ
u tho quality of the Goals which lie contiguous
to the trap rock. ard that which is found in tho
distant parts of ths Of coal The for.
mer being exposed TO the naSee heat OF
rock becuue mere carbonizsd, and loses much of its
buL nous character while the latter resins the cha
rsceiscs az the it before tbs conyulsou,
that local specimens from the different points
les contiguous to the tap balssltic dykes present
the Interior Of the the bulk of the coal mnes
which may thus wish 70 test But the different
Of the original coal field being Of the thick
pess both sides Of the bssstc ridge and the
smsller dykes, and being formed the same
geological eli cumstar ces, present the character
is,ics have the same general character and In the
bulk, furni sh the same quality of coal Hence we may
fairy that the of like thickness and In
respond positions the different sides of the oses and
haxn hal fha rtsx,. Al
in the Cumberland coal BARN. Of the quality Of
cosi Will burn equally well; possess the evapQra
all respects be found alike except where they have
operated upon BY local disturbances The value Of the
nil then. which contain different parts Il what
the same coal seam must depend upon the gester
less facilities OF getting the coal out OF the niue aud
Of ting into market afterwards Your coal property
posesfee over most others that region
tho facilities alluded to- and energetic and econcmice al
manaeeri ent Ia all which is required to reader 1t i'm
mtnsey productive.
and fhTevd spscuaters having got control Of the
asenent Of Jour affairs, fba have shaped the policy to
make their own fortunes at your expenscY Or will you
demand of yeur servants the President au1 Directors If
Your comraoy-that they sha at take active and
Efficient measures to bring down the coal to the sea-
bo-rdY
1hat they shall at cnce put all the hands which
be accommodated while working the mines; that they shall
at put sl the bosts and make arrangement. fr
all the which the canal and Baltimore and Ohio
railroad can usefulg employ.
That Instead of allowing the President ard his dapeu.
dents the exclusive ene OF coal at the whaves made 20
sui his views ard The policy Of the cqus With which
he Eisy b, oper ting require him to empty active bu-
srcss men il the trade to effect Gales account Of the
company ard 10 make contracts for supplies OF coal 20
be dei,e ed during Il G fall and winter.
IL these measures adopted there can bs little
doubt Of In business being done by the Gun
tcfard Ccal Company But if you remain ineg and too
crGding certain pars, will mako their forturas
ara, finally buy your property for loss than han
the eek TO rise again in the ma-ge and to sell out
again ST high prices TO another set Of dupcs who may
cor nde in their management agcia. You said 10
potsess 10 COO of good cosi land; 900 Of which
embrace the big ve.n' Of the Cumberland coal basin
you have 20 eu irca already opened; SIX Of which have
horizontal 5rftl or adts passing through and tat,
the Gteen feet veiu and the seventh Ia approached
through slope gallery, BIZ means of Stationary
CINE They ere ssid TO BIZ capable os daily pre- luc
OF Geo toDs at tho rate OF 600 900 tons per
which miehs oasiy be Increased to 900 900 xDs SO
his SAID your ls.e Pfesidept Mr. HolLrook
Tlen Why has rome liberal portion Of this COO 600