New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-05-09
Increase this yesr.......


,uo...so ,b;s vesr....................... $3.50
The Freight receipts for April were much more than those
for March The total business for April will show gain Of
NOT less than 40 cent Thus far in May the business Is
very large.
The Worcester and Nashua Railroad s reported to have
earned during last month g. FAC the corresponding
month Of the previous year The aggregate earnings OF the
last five months commencing Dec. l. over the previous
corresponding period amount to $1,000
The annexed letter has been received from A. Davis
Superintendent Norwich Mine dated March 90, 1853:
am bappy 10 inform you that the mine is looking very
well and hat the work IS progressing as fast as could De
expected think will be able to get finer piece Of
copper for the Great Exhibition than the mentioned in
nv last We are cutting up mass in Slopes IN second
Level west from shaft H. which mass Il is in the stOpe
measures fifteen feet IN breadth and from two TO six feet in
width. We putting cut through the nsrrowes part
ever seen cannot say that the whole mass will prove so
good until it is up but it has the appearance of being
The best mass that had The mine looks well IN
every part except the east end which may change Tor the
better In the next three feet We have lode in main shalt
three feet wide and down the vein gets more yer
teal every foot The shaft Is now oe feet deep and dps
20 deg from the perpendicular The ad in 276 feet
and fhe vein keeps the same angle we shall cut with the
adit In going 1872 feet further To make an estimate Of the
stamp work with any kind " certainty would be like est
mating how many tun of cock there are in Broadway nor
can il be done until we have stamped quantity and tried
well The Derby vein DERBY Mine) holds very regular
and think all that prevents its being now good mne IS
Ia not being open which takes time patience and con5de
u able money.
In regard to the copper from the Norwich mine being
well cleaned il will speak for itself What il falls short on
This account will make up frem my own pocket
The Illinois and Wisconsin Railroad Company, which
was stated TO be embarrassed through the failure of its
agent in this city, some few weeks since has been re0gSn
lied The following is list of Directors
VIM b. Ogden Walter s. Gurneo, VIM Jones John p.
Chaplin Charles V. Dyer, George Steele j. III. Durham
Chicago VIM Sloan McIlenry Co, ILL., Amos Page, Cam
bridge Mass d. Miller John Phelps, Philip DSer'
New \ ork City JAS. w. Baldwin, Boston
The lenders the bonds Of this Company said have
agreed to surrender the bonds and stock lieu
thereof
The Amherst and Belchertown Railroad will be opened
from Palmer to Amherst on Monday next
The Wisconsin,, Of Saturday states that the Council Of
Milwaukee have adopted the loan of 100000 OF the city
credit to the Lake Shore Railroad.
The Corps Of Engineers engaged in locating Rail
road in the valley Of the Lehgh In the service of the
Philadelphia, Easton and Water Gap Railroad Com
pany and not the Leghigh Valley Railroad Company
ms stated The charter of the Water Gap Company with h
supplements covers the whole Of the seventeen counties
east of Toga and ii is understood that the Company in
TEND to locate Independent line along the Lehgh anC
North Branch Valleys thus passing through the two north
srn coal fields, and opening direct communication witt
the New York and Erie Railroad Company at the Stats
line.
A new Bank called the "Shipbuiders' Bank hS
been organized at Rockland Me. IL. c. Lowell is to b,
President and VIM L. fltt NAsnler lno capiud stocA
nearly all taken and the institution VIII go INTO operation
on the LIST Of June.
The case of johnson VS. The State of Mississippi nvolv
ing the validity Of the bonds sold account of the UnOI
Bank has been set for hearing on the 10th of May in The
High Court of Errors and Appeals Of that State 1t viii b
ecoected that this decided by Chancellor Scott
declaring the State bound for the payment From this de
cison an appeal was taken
The CAicago TrI6EAe, speaking of the Illinois Contra
Road. says,
"The loans already negotiated for this Road amount
tan and half millions, besides the proposals IN the New
York market tor anotner loan OF lhiee naohs, III.
Road with its branches 7Ot miles long and Is expecte
that 500 to miles will be completed by the LIST Jan next
and the remainder Of the entire line during the year 1854
The engineer estimates that $4,000 of rail viii be re
oued of which 600 tuns contracted for the Low
ruling rates for year since The credit OF the Road
very high None of the bonds Il cent? Of the ten and
hall millions already realized have been sold for less thai
par and some at lO2 The Directors among the sres
Capitalists of NewYok Snd there is no want of fand
the work the various sections is pushed forward wit
an energy which promises speedy completion Of N
whole immense line. From Chicago 70 the kSnkske
River 50 miles to be completed by Jaly l. ConsrS'
ton and freight trains are now running thirty five mle
Passenger cars 10 be put on in two weeks
Al Boston the Money Market is quiet 1ds y cent III
arnal says Speculative movements are chiefly in the Mi
ing Stocks and small fAnees Malone Sandstone was Sctv
atthe Board the sales time and regular reaching ia
,hs,ss Several of the Copper Stocks were lively and
f.c;ou higher Copper Falls went up to 50 in the ate
noon roltec was active, but lost in quotations Fore
sold at ~ regular and ssi essl on time
Al pAsladelphs there has been an active demand {
money during the week, and rates have somewhat sene
Fer frs, class paper the rates are 'si = cent and
second class and less fAvorsoiy known e fSngs
from to 10 y cent
Anew bank has been organised at Mount Morris u
;prssOn County. and viii shortly 20 in operation 10
yernaun, ESQ, is to be President and ChAs Cot 1u
of Genesee formerly Teller Of the Livingston Soar
BAnk Cashier
THs Ciseinaati Gazette states that writ OF error
been obtained from the Supreme Court OF the oni'
states with wit Of supercedss TO the Supreme C0ul.
Ohio, in the TAX case, in which the Ohio Life and ifas