New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-05-10

obevs N Inc Safe Of New.Yor and they well known
70 possess the energy aod pecln1ry mans Necessary %
carry them successfully through TINS Undertaking and they
are rqng the work rward with We" 20 II cary CON-
plefon large force il nov :: TorK upon the ine and
r. ,-ss hi he work I. satisfactory 70 All our friends
u o,ir In The face OF all these acts 70 be con-
sls5 20 oe n n rsstafements a. those OF ne Journal
IN which refer | entirely AZ "as 20 account ot
then The statement; in reference ~ ou Oons SPOKEN %
a. ba,,y been offered some months since and WthdraFn
i epreiv incorrect They were neiher oteed nor WIN
draw They were prepared last al IN he re GUAR course
az orr business with view % Offering t2en whenever mo
- .ir,s should come and during ne present Spring
bey have been ell -od By the Company oy prlyats hes
aion 70 Eastern parties who ialy uls'''2a me con
di,;ou and prospects 81 orr road am Hao' O7eNr Ar
b-rdany able 20 hold them II they choose a. resell any
norton Of them they have the right - 90 20 Aha tne n
Justly complain Of such Unfair assauls = -'s re.sII'
70 Won az the public may rest ured mat 10 better -
% thar il offered by these Bonds Will oe furnished oy
srv Western road Tney frsi mortgage sec ury o1
ess than $1,000 per mile upon mrs, cas- !DAl n4'ls -
IND 90 year. 10 n and convertible INTO STOCK * any
tine before their maturity and have no eoa9 they WI
b. sough for a mot desirable Investment IN reference
a. S.s.e Policy as il Is called in Illinois We oeieFs ven
I,;:s nderpd II nor shall receive instruction on
No., from those who are endeavOrng 70 build up
s roads and are thus interested in 6rsakng 4 doFn
P,.5 S q hs Tslrs Huus sad Alton Rsr5.i Co
The srn..d ltt-rfrom the widely and Wen known house
n Cooper & Hewitt Of the Trenton Iron Works, bears
very strong testimony the value OF the Coal rom tne
Cumberland region in iron manufacturer we are iniormsa
that the consumption Of this description Of Coal IS rapidly
increasing. BON duNu- Hi.huiANt-A1'' 49, f-'-
suners. The letter is as follows 49,,
MrssRs NEWELL, STURTEvaST y Co. New loIA-
Geah,rqeu We have nov thoroughly trs.ed me coz &c
ceived from the mines Of the Cumberiaut Coal ana ron
Co-nnauv in comparison with the Anthracite coal Whcn We
have been in the habit Of using In order 10 determine @
matter satisfactorily. changed four OF orr puddlnS
naces and have consumed IN tnem sSle ~ nl
tons Of the Cumberland coal We nave ma me
highly advantageous. The coal has WORKED oeauly III
fact il is all that desire We are now changing ue
remainder Of our pudding furnaces ana ouuaing SIX new
ones so that the course OF few weeks We 'la h4ss
equal TO fifty single pudding furnaces ready ior You CO.
Ynn viii ueass cancel our order for eleven thousand tuns
fl OOO OF Anthracite coal and substitute therefor lOVOO
tups of Cumberland coal run OF the mines reserNe
the right to this order to 1900 1' he Press'
wear and next year shall require much larger amount
(SignedD CooPE2 & HETrr.
letter from Lake Superior dated April 18th SAYS that
the Cliff North American Copper Falls North Western
Norwich Farm Toltec and National are I'll looking Wen
and the ,uperntendents feel much ENCOURAGE Ihes'uh
Cliff and Winthrop are improving, but North West and
Dana had not so good show as before. PhHnN mas
opened very avorably in some new works The recent
reports from Portage Lake very favorable but there
has been a strike among the miners.
AInew Lake Superior mine has been Organized N th!s
CITY. called the Washington Mining Company. Inc
location is on the Portage River and the show Is repre-
scented as encouraging The officers are Ramsey Crooks
President Directors, Ramsey Crooks VIM r. Ladd' ).
d. Maxwell C. G. Douglass Charles ~ IroSOrdgei sec y
Henry Magrsne.
The London Railray Commercial Journal announces
tbatbe 425 shares of the Grand Trunk Railroad Company
Of Canada are at Il TO II premium on the London TX
change This Company has been organized by the cleo
tion Of a large number of Directors, among which are
the names of Thomas Barring Esq, NJ. p, George Carr
Glvpn Esq Robert McCalmont Esq, the celebrated bank
ers and capitalists, and Alderman W Thompson, NJ p
Their prospectus states their entire capital in stock and
bonds to be nine and ha millions sterling and their va
rious lines Of railway comprise ren hundred aud h'elTe
miles of which three hundred and ninety will be IN opera
at the close of the present year The lines consist of the
Atlantic and ST. Lawrence Railway, from Portland 10 Mon
treal the Quebec and Richmond which inersects the Al
ants and ST Lawrence and thus forms line from Quebec
TO Montreal the Grand Trunk Railway from Montreal to
Toronto the Grand Junction Railway and the Toronto and
Guelph Railway including bridge across the st. Law
renee al Montreal which will be constructed by Robert
Stephenson Esq, NJ =. The prospectus goes on TO state
that this system Of railways reaches the Atlantic by
Of lease of the Atlantic and ST Lawrence Railway from
the point Of It's junction with the Grand Trunk Railway to
the city Of Portland miles whereby access obtained
40 the Atlantic at one of the natural harbor Of the Western
continent
meeting of the stockholders of the Camden and Cape
Island Railroad was held at Camden, NewJersey on Tues
day 1t was announced that four hundred and fifty thou
sand dollars of the stock had been taken.
The Banks Of Philadelphia with the exception Of
the Bank of North America and Bank OF PeRnsyl
yapia both of which declare at another period have just
made their semi annual dividends and prove them 10 have
been more prodtaby employed than any previous period
for several years past The dividends are;
Philadelphia per cent Farmers and Mechanics do
Girard DO; Commercial, do. Mechanics, do West
ern do Northern Liberties, do; Merchants and Ne
chanics do; South wark, do kensington, do Bank
of Commerce do; Penn Township do Iradesmen >
| do.
The amount of dividends for the last half year equal to
about 81 per cent at the rate Of Ol per cent per Anna
In November last the banks paid out in dividends
| s365e5O, and in May Of last year sls225O
The assessed value Of property IN Baltimore Is slo7V4-
43s showing an increase Of sls,6g7,763 since $40
The Legislature of Louisiana recently passed an Act
making the following subscriptions on the part oil thA'
State 10 the stock Of the Companies here named
"S1ty-four thousand shares at s25 each Amounting 20
81 600 900 10 the stock Of the New Orleans jackson al
Great Northern Railroad Company oryeight thou'thd
shares al SOS each equivalent 10 S00OOO 70 me socA "a
the Opelousas Road and thirty thousand shares AZ -
each equal TO 100000 70 the Ncksburg ana oAe'oPo
Railroad Company
The Netr Orleans Bulletin speaking on the su0ec- say
New Orleans has voted tax of S35OO0OO the parishes
have and will vote large individual subscriptions
have been liberal and the State has subscribed
In one year shall have al least thIee hun4io
miles OF railroad in running order
Messrs. De Graf Il Co. OF Ohio, and MesSTs benson
Grant Co.. of Georgia have been awarded CONTRACTS 10
the grading and construction Of ninetys1 niles oil 'n'
New Orleans Jackson and Great Northern Railroad run
ming from the State line Canton Miss. This makes IN a
eO6 miles Of this road thai under contract and 70 D
finished between now and January less.
The proiec Of an Air line from Detroit 10 II LOUIS s o.
ING aetated The towns through which the Road WON
mass are given with their respective distances from Detroit