New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-07-06

Inc foloWinS Ae the returns OF ohuminO1s Goa
trade to the e5th inst derived from Tao CHn6rIa<
Mtser,' Journal:
The amount carried TO market this week so, tuns,
Of which O13 dncudng the snount from Georges Creekl
went by railroad, and 2.sss by canal
The strike the mir is At end and the miners are
81 work all through the region sthossh il cannot be ak
pecd that The business will again become regular until
after the ith OF July The canal he's an abundant supply
OF wstr upon the upper levels but SAID there it's leak
near Dam No g. which has stopped number of boats.
and hence the small amount OF coal sent forward for the
week.
Amount from the region for the year eos 90 tuna OF
which 1879 s0 uns went by railroad and 536s by canal
his includes the coal sen, from Georges Creek since tho
opening Of tina. valley
The Hartford C0srant furnishes th4 following summary
Il the report Of the Joint Standing Committee on banks
IT the Connecticut Legislature the subject IL the new
banks created under the general law
This report commends highly the system of accounts
which the Treasurer hiss adopted and the which
he has perfected is details The Committee lind the
curtes correct and properly cared for in the reAsarss
office. The plates are very sklfuy and ti.efuly
cuitd snd preserved the office except when needed
for printing Their expense paid for drs. from tho
state Treasury but has been met by remtauces from tbs
bsrks
The Committee old not feel themselves called upon to
investigate the value OF those securities that is duty
imposed once month the Treasurer and School Fund
Con missioner.
There had been five banks organized under the general
bankI law up 10 March 3l-the Uncss Bank 81 NORWICH
capts 100000 increased 10 ssOoOOo Bank OF Hartford
County Hartford capital 100000 increased 20 100000
Bark Of Commerce New London. capital 81 $4,000. Bank
Of Iitclfed County at New Milford. capital 100000.
Soeatuck Bank al Westport, capital 100000 These
banks have deposited Sass 100 in Virginia kentucky and
Name State bonds and in bonds Of Connecticut cies-ths
sst item is s27s,OO The circulation these securities
the 3lst March Sj2166, of which the Hartford
County Bank has out s23l9s Since that statement
additional deposit has been made of 81 800. The
pcuses OF the banking department during the year have
been S4llt -, chArgeabe % the free banks.
During Aprl and May four new banks have been organ
-Quinpiack Bank At New Haven, capital 100000
Bank Of New England. East Hsddam, Citizens Bank.
tfur ket viii nil
Of soo GOO sndhey have generally commenced operations
Tho bonds OF the Connecticut cities used basis for
bank circulation, are Hartford sl50oOo lemployed by
Hartford County aud l.tchfeld County Bsnks New
Haven, $1,000; Norwich $4,000 New London. s75000
Bridgeport s255oo. OF the bonds Of the States there
Maine, $4,000 Virginia, silocoo kentucky os, 100000
Kentucky 5s made equal TO 0s. si9g9
We am tx ther report made by Mr. n. IL Wolfe the Pres
iden of the ncCuock Gold Mining Co, of the result of
his Investigations at the mine. Dir Wolfe 10 evidently
very much earnest and has the fullest confidence in all
he has stated
NEw-YoRX, July p 1858.
To The Stockholders cf tie MC1Aock GELD and Copper
Mining Company;
GrSrfruESI ON the 10th day Of June last was elected
President Of your Company and entered at upon thu
duties Of the Office Upon accepting the trust condded to
me- considered proper to personally v: your proper
~ and become practically acquainted with Us location ts
position and ts prospects For that purpose eit this City
Tor North Carolina on the sth June On Wednesday the
I'D arrived at Greensboro, with ten experimental Cor
uih miners. We AZ proceeded 20 the mines aud
tered Immediately upon thorough examination of the
/
mystf perfectly acquainted with me operations OF the
nG.. All the information could learn from the miners
evsled myself Of but determined from the start to 90
governed entIty by my own Judgment and shall there
iore give you ihs resut Of my individual mVesg atoms
II I, my firm belief that not bali Of this hnss aud
e,ust Of this immense mineral property has been
mss ned much less realized II Is impossible for to
describe he Effect upon my mind produced by the sKhbi
ton of such enormous masses OF copper Ny ideas
had become pretty exiravagat previous 10 my departure
rom the City, but they elsursbly than
azed II true that had before anything Of
he hind but M widest antapations were considerably
exceeded.
Upon entering the premises Of tho Company. found
he surface literally with stacks Of copper
loud think there AZ least three hundred tuns ready
tor putting INTO barrels sacks Tor market This copper
o.. va average about twenty eight per cent in richness
ard be placed IN this any other northern port at an
expense 81 net overt dollars per tun. IL is worth, and
be SOLD AZ any moment for $50 per tuD, cash TINS
will give aggregate OF si5 600 have given direction
to have th. prepared for market and shall have Il
slipped for Baltimore, where Il viii net the Company the
grcstest profit also found the surface immense heaps
of gold ore came from the mines and vast piles
" sings refuse from the workings % the gold crush
M maolres during the pre- vie twenty years. Ii
Is estimated by those acquainted with such natter that
there At least hundred thousand bushels Of fresh
ore and three hundred thousand bushels Of sngs on the
ground ready for The application OF the most approved
machinery 81 the day for ths extraction Of gold There
aye only two Chhan milk tho Companys property
have ordered the construction 81 Ten more "nich wiz
| make trcs Of Twelve mills capable Of cra,hing 20
Luslfs ol ere each per DAY. These mills VIII therefore
ciush $40 bushels 81 fresh gold during twenty four
iours The yield Of this for msny years past 10 the
ordinary CHILEAN mill. has been on an average - Is per
busLe At u l. rate the aggregate yield OF twelve Chii.n
ns viii b. ST. isj per osy. The talngs must be WORK.
90 with the mott mi proved machinery known For that
ruruC-e have ORDERED Of Berdans and one OF Gtrdi
ner, crushing machines There will work up aver
age ore thousand bushels per day which viii yield At the
| rae # g. per bushel aggregate Of $4,000 every
/ twenty fur hours operation Tbs makes grand total
of three thousand and four hundred and eighty
i've dosrsl from he productions ~ gold aOns In this
circulation have taken facts for my dia and those de-
rived entirely from the operations Of machinery under my
D rnue I'd
We have already shown that fresh gold from the
Nc( uLOck nine crushed anal gamated 10 Gsfdiners
uachre in this cry Yielded upward Of sl2 per bushel
In estimating the product have confined myself TO ths
result realized ffOm our ord fashioned Gillian mills You
will see by this that the whole capital Of the company
will be returned the stockholders from the production Of
gold materials the surface, actually IN sight
snc available.
The cost Of obtaining ouch an immense yield Is, comps
ratvey 60 ms gnfcant be hardly rb attending 20
here The daily expense Of WORK Dg these Chiban mDs
would be under &c We have ten negroes IN the goid
unes each receives 80 per annun WITH winch ne pro
ydes himself with board lodging and clothing We have
a6s contract for thess upon these terms for long
tine and they are among the best abOrsrs al The mines
TJsy are industrious Acabe and appear 10 thoroughly
,,6srsfaud the business Ia which they are engaged
Ive arranged for double present force Of negroes
which will be sulcent Df inc lhOst enS'enl oPsraIons
upop gold veins.
From this statement you form pretty good idea Of
the value Of the companys property above ground Be-
los the surface the mineral wealth exceeds anything ever
imagined Ineyer before real sed At nature had eOncsn
trsed in such immense masses, such valuable minerns
Don descending the FIRST what Is called the sixty
foot level enormous OF copper ore met Ins ss
IN eysry direction A far the eye could extend ozn
glieTiug BODY Of copper ore wac eInlolsd eSs9.e.
upon levels extending about fifteen hundred eef efps1s
tie rich magnificent veins Of copper and goa zoe ssne
dstsIce There are twelve shafts, varying ~ nop'
sixty 70 ninety feet. The veins DIP 70 the sosl % - al