New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-08-25


increase IS Y IL
This increase has be- made under reduction OF fare
TO g. from Montreal to New York showing tina. low fares
inconsistent with increased gains Passengers ey
this line are taken from Montreal to Boston via Stcnng
ton for So having half day ia this city visit the Crysa
Place ard sre then landed in Boston nearly soon -
those who go direct.
An impression has evidently obtained from the recent
ports that our City Banks in state Of extraordinary
expansion lhis is mistake. has doubtless arisen from
the fact thst the published tables of the Banking move-
emit hewn the increase Of loans but not the increase
of capital.
H. comparing the condition of our City Banks now. with
what twas four years ago. will be found that the ratio OF
loans capital almost exactly the As il was them
nccatng the same proportionse movement upon en-
larged bsss-tbus
SEPTEMBER ls,e.................s soes1co 90 els2S
A1eusf, ls'9................ tS66J@0 93soSs7o
The loans fraction than twice the amount OF
tie capital both periods that the relative expansion Is
shout what four years ago. and probably about whst
the average has been since that time. The comparison
shows that the general increase of the wealth and com
Of the city The Banking capital and the banking
movement have beth nearly doubled
Tas adyoes from the Morris Mine state that new and
very vauab vein Of Copper has been discovered running
parallel wh The AZ present worked The reports from
most If The mines In which New Workers interested
are favorable Norwich Windsor, Albion, Isle Royal. 40,
on Lake Superior especially Ulster looks very well.
ard large quantities Of are being taken ont Tn
monthly report OF Capt Ddnkn OF the Grea. Northern.
highly satisfactory The Middleown continues to improve
he Of sent to London Tor assay proved to cat lin
about go ounces Of silver. The IRON McCulloah
tin the encouraging character that before re-
ceiv,d TIE she Copper Is ssid to be most astonish
lpey ncb TIE sn Of the North Carolina Copper Com
puJ improving, and several parcels of Copper have
been received from his location within week or two.
il understood iba, dividend Of 10 cent will DO made
next mouth From Dep River location ol,iguous 10
the Culoch the Adyenturers have very favorable st
vic,s Tie Charlotte Copper Company have recently
been .iIkipg their main shaft and making cut TO
the vein considerably below The pre- seDt workings Capt
PsDnsp, the SupernteL dent writes in the following man.
nor of the result
have iust turned the Charlotte mlne and
much e4ed ths, scarcely compose myse. 10 wrts
u'tigtly 70 you = present | have been down IN tbs
.iaio ~ sef have taken out OF the most
beautiful copper that bave ever seen IN any place
III VEN opens Is OF tho most uniform aud
best ionsd y ina have ever seen rs fall three feet
y ok shan have some solid masses OF copper that
viii egh sx seven hundred pounds, such II vii
Go ssy you have even IN your city.
sent into the rrng will De out and in the SHAFT
"a, Oh 10 morrow snd III write you fully TO
light day, - have not tine 10 do Il justice nov,
were 10 write until morning could not convey t0sou
a mean he Impression, have Of this mine 50 ~ To
mike rnysei understood could wish you would have
be here and see for yourself
The Supe rntendent Of the Mint at Charlotte has also
visited this mine ana writes 70 friend here In much ths
same tone
An experiment was made with p. O GARDENERS Quartz
Crusher and ANA gamator at the Phoenix Works in this
City on Tuesday forenoon the presence Of large
Der Of spectators Twelve bushels Of quartz from tho
WyckoG Nine in Fsuquier Co. Va we're put through the
machine in short space Of time and told yielded
s,2 60 in gold The machine worked With and
Cuttd It's work satisfactorily
OF the plans for making Bank exchanges suggested
by leading bank officer is that an institution shall be g.
absh.d in whose vaults shall be deposited by each bank
aceran amount Of specie pro with their capital This
institution 10 issue Of certificates % each bank
equal It's deposit which shall be used In the settling OF
balances thus supersede tbs necessity IL moving specs
for tbs purpose. When bank needs specie for dealer
it what needs these certificates from the Clear
rg House or whatever the institution msy be called and
the next day makes deposit. This plan looks
feasible and It's claims will doubt 10 duly considered by
tie Committee One OF the difficulties in the way Of the
estabs hment Of Cleaning House hsre il the wan. OF
COMMON medium for settling balances other than coin. In
the London Clearing House this operation performed
with Bank Of England notes. Tee certificates suggested
in the plan would servs the same purpose.
In columns today the Advertisement Of the Excel
sor Fire Company the books Of which are open
lor subscription 10 the capital sock at the Office OF th~
COMPANY No Nassau st. The gentlemen comp siDg tn
direction are among the most wealthy aud rs7Dsct<bsel
our citizens md afford the Of ~sA .rasri
institution.
Its not certain that Books Of the New fofk Ce.iFi
Railroad will be opened 70 morrow AZ &ssns Danosi
shermsn Co announced Up TO late E5ar this after
roon the Books hsd not arrived from Albany although
was Understood that they on the way This delay N
rrovioDg the Necessary Books considefing the ample
N since the Consolidation gements concudsd
Is 10; credi,sble 10 the Managers Of the Company
Ground viii BE- broken The Black kNef ana Cuc~
Railroad or The 9Th inst Gov. seymour wiz MAKE a
address on the occasion
~ Boston Sticks are rather improving. money u
demand a, saIa y cent. At PhAdeptiA the money
nah It Is still stringent
An,bbt Of the public debt and resources OF the Safe
- y.i. has jas, been prepared the substance Of which
IT, s,;.ipg deb, OIL the 18th OF March last, although
S,sv nssr, sis.esn millions dollars, IL reduced By Q
-e,ent.on IL old and vel1sble and uniformly dividend
arri,1 Lauk stccis TO internal Improvement debt Of
s3 ard Of tbs 81 34 ef5 u, properly canal
Sh, INCUR ed In the construction OF the Great ksnawha
/ AID James River Csnal-lesyDg ofth debt
r. ,-,gretive Oh
Mseelaneoas and productive
The State by recen, acts II the Lessasir dssssmas4
"a extend Ard encourage general aud oomplee eye
tenn az railroad In prov srsns and to this en1 exsa uPoa