New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-12-20
Tl, rerors sines F,buary e.hbit the cIowng re.a..

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The loans are abou. FIVE Millions above the lowest
point sj9ce the weekly statements commenced and the
specie about two and hall mill Tons above the lowest point
The New York end Harlem Railroad has declared somi
annual dividend Of four the preferred stock Of
tie Company payable on I'd Of January. The Bank Of
North America semi annual dividend Of three and half
cent
The Illinois Central Railroad Company have declared An
interest dividend At the rate OF cent up
to January ls5i, the paid in the capital
stock able at the Office in hsCiy the ID Of Janu
any, prcx
lie aggregate imports Of last week show decrease of
about $4,000 compared with the Same week Of last
year
Tie Money market continues without change The sup
py on call is abundant at ia p cent and first class pa
PER goes at cent with choice signatures occasion
ally lower figures The market ease han usual at this
season of tie year The interior informed il still
paying up very promptly excepting perhaps the South,
where money less plenty than the West There is
varto currency in parts of the South, much
s, in is almost impossible to sell Coon the
Banks being unable to negotiate the Exchange. This is
ore cause OF the backwardncss OF Cotton shipments.
We have several enterprises to notice 10 day all de-
strvng Of invest CATION and cal ulaed t. develop the
mineral and industrial Of our country Ooe OF
these enterprises is the evertraw Mining and Iron Com
VGry This Company have estate Of about 7j) res
situated the west bank of the Hudson about five niles
from The river aud thirty four miles from New YORK. Tho
mine formerly known the Horsenclover mino and
was worked some thirty years since but suspended for
want Of capital The mine supposed 10 be neyhalsibe
and the ore according the representations OF the parties
coroened be mined at IS cents pr tun and delivered
On the bank Of the river at IS cents per un The ore Of
the magnetic description, and BY anal sis of Mr. O. Do
romus. Chemist, is found to contain
ron ..'''''''''.''''''' ''''' 90 o3
Oxygen. ......s.s.-s .-i.7O
SulIhur. Observation-Disclosures. s92
About 2CCO OF this has been mined and has been
tested by making ino pig blooms and boiler iron Ger
tfcae the supernte ofJlr Routon Work. a. Now
ark states being mixed with about one half Of Leets emi
tte ore worked wei and yielded about 30 per cent Of
iron in blooms This ore mined can il is stated be free
" sold ct Tie river eide for 81 tun The company con
ss Of 10000 shares of par value Of g. IL proposed
to build macodamized plank road to tho Hudson Tho
wYoIk and in the ueghborhood Of coal depot at Ron
dout rcrders h enterprise in the view Of the parties IN
teresd one Of the promising before the public
Tie Trustees oftbe Company are Messrs VIM Il Furnand
George Newell and Thos A. Brown.
Company, called the American Wkte Zinc Co, has
been formed fer the purpose Of manufacturing zn' Paint
from spelier under process patented By Mr. Gardner
Tie Company make very white paint and according to
the saGeu ut of The managers at large profit The pres
ert operations Of the Company is stated are ten tuns
Gay Of spe, prsdicated upon which profit OF about q
2 cent upon the capital Of 100000 is figured up lie
works are in South Brooklyn.
A Company has also been formed for the purpoae OF
deyeopipg the value Of Richard Montgomery patent for
mak ng corrugated boiler plate. The patentee claims that
rolling the iron in small arches instead of in
planes gives largely increased strength He says Ii
borrws from architecture the principle Of the arch and
"tius imparts to shells of iron rolled in this new form
strength at least times greater than that possessed by
the plates in present II is equivalent to the dscov
cry of new metal of increased strength The corfu
GATED plates ere intended for the manufacture Of boiler
fues and locomotives The report Of the Company gives
the annexed statement Of the comparative strength OF cor
rugaied and plane plates;
Various tests have been applied 70 The corrugated iron
in New York and elsewhere In New York the teet vas
follows -Four strips Of boiler iron we're used onoio1nh
Of an inch thick feet IL inches in length tE0 VI them
were bent in the form Of arch in the direction Of their
length the remaining two strips were corrugated oy pass
ing them through rollers Of the required shape the se ~
each corrugation being inch. The curved ribs
rse.d in pairs side by side and weighted with pig Iron
The rst pair consisting of plain ron yielded with pres
sure Of ne the pair Of corrugated strips were loaded
with 1904 ibs and aitsrward with 1900 bs without
sry detection. The subscriber prepared in
New YORK boiler sir feet long The fine was made Of
tlan boiler plate qacrter Of en inch thick and nine
inches In diameter the outer shell made Of corrugated
on one efgk Of inch thick and 20 inches in daneter
Hy drsulc pressure applied to the boiler and the tue
collapsed without affecting the thin outer shell Ofcorugs;ed
metal
In addition Is charged that about 30 2 cent saved in
the construction of boilers with the corrugated plates be
sides great saving in spsce-sboGt feet 30 The cor
boiler also presents fire suraee than
The pressrt boiler The advantages claimed hr this dis
eoyery are greater strength safety to Ec economy ofpace
economy Of expense economy Of fuel less dsught Of boats
detection Of dsfects in iron greater generation Of steam dua
by economy of repairs and increased diameter of has
and boiler, The Company have printed certificates from
Joeth BeIknap the Ph9niI Foundry Chss B. siaar,
Engineer in Chief L. s. NJ Z s. Nonis, Civil Engineer;
Chss H. Upper. Atlantic Forge Works VIM NJ Eiis,
Civil Engineer Washington Navy Yard j. Bresssd Al,e
Works speaking Of The great value Of this invention
Tie LosSrAs DAILY Couys sa!s the great express CON
psny, Adams & Co. have made a contract with New
ORLEANS packet for the snportaos Of thirty tuns OF spe
cie-fl, 600 cc0-frgn New Or esne TO that city