New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-06-18


rariy piled up here and there is consequently ncreAs
ing abundance Of money offering short loas Most Of
the large houses decline to pay over cent de-
posts and are not dtsirous Of loans at that The
range in The street is sal cent with large supplies at
cent Paperis plenty and goes freely, if irst class
at 6d7 cent
Nr Draper sold at auction to-day - shares Of Bank Of
Utica lO2 no. shares Ontario Bank H. shares Bank
Of Orleans j shares Seneca Bank 100 10 shares Muns
sofa Mining Company 200 ,hares Large Fire Insurance
Company 100 shares uthern Michigan Rllr ,sd
shares Northern Indians Railroad shares Iniiana
Central Railroad s9i 900 Bond Wilmington and Man
chester Railroad 93I $4,000 Bond Cumberland Coal and
Iron Company 81 T. $1,000 Bond, Town Of Elyria. l0l
$1,000 Bond Town of Perrysburgh 1904. $4,000 Pacific
Mail Steamship Company Stock 1921.
The Bank Of New York has declared semi annual di,
dend Of FIVE per The Peoples Bank, ssmiannua
dividend Of three and half per cent The Winnisimne
Company have declared semi ua dividend of seven
and half per cent. The Bank Of Hamburg, S c. have
declared semi annual dividend of four dollars per share
equal to sixteen per cent. per snnum
The attention Of capitalists is asked TO the advertisement
Of the Little Miami Railroad Co s loan Of million Of
dollars An examination of the condition Of this company
affairs will show this TO be of the safest loans ever
brought in this market The reputation Of the house in
PRODUCING it here is ample guarantee of this fact
In paper yesterday the annexed paragraph appeared
in relation to the Mineral Mining Company of North Caro-
lima when speaking of the vein Of the North Carolina Cop
per Company;
Explorations have yet 70 be made and although the in
dcatons quite in favor of the supposon that the
does not pass into portion Of the Mineral Companv's
property, yet nothing is absolutely known upon the
subject
The word "no acoidenty intsrpoaied in the para
graph and it expresses just the Of what we in
tended 10 say.
The adyces TO day from the Carolina Co.'S location are
Of the favorable character those before received
Some Of the richest yet found has been raised from the
very lowest point of the shaft and the increasing 10
width as its greater depth reached On day of the date
of the adyices IS bbls of raised worth probably
$1,000.
Mr. Draper Monday will sell at auction 100 tuns cop
per ore from the McCuloch location and Tuesday so
tuns from the Dolly Hide Mine
The vein OF the Morris "copper" in Chester Co, Pa
adioiD the Wheatey Mine has been recently thoroughly
proven for 1900 feet The is very rich An engine Of
l2O horse power is the ground and being put up
short time viii now, probably produce great results in
this location
The entire track of the Beefontsne and Indiana Rail
road with the exception of miles its western ter
minus tUnonl is now laid The whole will be complete
and in full operation during the present month.
The second nstament Of 10 y the stock of the
Delaware Lackswana and Western Railroad is due on the
LIST July.
The Boston Courier SAYS;
The Dire oiors the Ogdensburgh Railroad held meet
ing yesterday noon and appointed Committee OF three
of their number 10 confer with Mr. Lee the President
Of the Rutland Road and acting President Of the Central
Road. in regard TO reconstruction of the Board rns
Committee subsequently held interview with Nr Lee
and adjourned at p O'Clock, TO meet agsn this forenoon
The progress thus far made in the negotiation favorable
to the object ia view
spirited meeting in favor Of the Udcs and BinghAmton
Road held Utica the 18th inst The subscriptions
n Utica reach 100000.
The 81 Lotis Repnbicaz SAYS Of the Pacific Railroad.
"Messrs T. S OSullivan, Chief Engineer Of the Road
and Thomas G. Johnson the land agent have Just returned
from TRIP the line Of the Read far up Jef-rson
City From them learn that the whole Road is nov
under contract from the Franklin County line Jefferson
City This is the second division Of the Road
Mr. VIM Thomas has been elected President OF the Web.
ster Bank, Boston.
The City OF Utica has, by large majority, agreed TO
subscribe the stock Of the Black River and Utica Rail
road Company The stood 76s for the Road sad -
against it.
Money st Philadelphia continues very easy
The whole Of the Mobile ard Ohio Railroad from Mobile
70 the Kentucky line distance Of 453 miles now uader
contract 80 miles are finished and in operation add IS
miles more will be ready for the iron by November The
local subscrptio amounts 10 sis62s60 and the lad
gwen by Congress Is valued al s346g sl5, making
cether proKerty capital Of Ss392 Us. This il intended
10 raise by mortgage Of reads and lands l0sr Of
GOO A. cent complete the main road and iron the
Psducah Tennessee River Kentucky and Columbus, NJ
ssippi hrSncbesa Of which branches in the Aggregate
/ will be 402 miles lorg.
The annexed extract from the annual repor; Of the Great
Western Railroad Company gives = statement Of the pro
| gress Of the work thus lar
The srncent expended TIE date Of TIE last Re-
IN Juie ASA ACKNOWLEDGEMENTS. fSS5o9 SIS
Fron the acectints tbs day submitted, Will be
that the total expenditure o TIE seth Of AprL
lass wa: Lss2Tss 2l0
There has consequently been expended durius The pest
u months. ..................... S97Is las
at wi thus be that very large smount Of work
has been performed sre the last annual nesting aud the
progress msae up 70 ts TINE has been such As 10 admit of
the works being pressed forward daring the present
with the grstest pQ0hk rspdi.y An fe lsrrs ar i'm