New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-09-27


The specie compared with the statement of last week
has decreased about half million Of dollars nearly all Of
which has gone into the Sub Treasury With the decrease
Of 100000 of loans the deposits have increased 100000
showing an increased supply of money from outside
sources
The interest the Bonds of the City of Portland due LIST
Oct, will be paid at the Bank Of New York
There little activity in Money today, in con-
sequence Of loans being called in by parties who
lad sight drafts to meet from California With ibis excep
ion there change note Paper in fair request Of
hrst class character at a 10 v cent
Notice has been given by the Bank Department Albany
Mat all the circulating notes issued by the Bank Of Lake
kne at Frankfort Herkimer County must be presented at
The Office Of the Superintendent of the Banking Department
Of this State for payment within years from the 23d
nxtant Also that oil the circulating notes issued by the
Lumbermans Bank, at Wilmurt Herkimer County ian in
dvidual bank must be presented at the office of the Su
pernenden Of the Banking Department of the State of
kewYork for payment within two years from the 10th in
slant or the funds deposited for the redemption of the
fsued by the said Bank will be given up said Bank
The Syracuse Star says that the 0nondaga Bank has
determined to close IFS business the expiration of its char
Ter in January next
The Legislature of Virginia have lately incorporated the
Dora Coal and Iron Manufacturing Co with capital of
enc million dollars for the purpose of working of the
richest mineral regions which exist in that State il not
hs country The lands Of the Corporation cover fifteen
thousand acres located mostly in Augusta Co. 1876 miles
southwest of Washington ID c. The Virginia Central
kaissd from Richmond passes in close proximity Stan
I'm Station being miles distant the Manassas Gap Rail
road viii pass still nearerwithn 10 miles The latter road
s already graded to Strasburg.
VIM Burell Esq, has resigned the Office of Secretary
and Counsel of the New York and New Haven Railroad Co.
and Mr. Abernehy Of Bridgeport has been elected to
ne vacancies
The New Albany and Salem Railroad Co commenced
running regular trains Monday the 10th from Michigan
City South to Crawfordsvie 100 miles and on the 10th
October viii to Bainbrdge 10 miles further being
FEEDER to the Michigan Central Railroad of 40 miles from
the South running through very fertile region This road
b also running regular trains from New Albany north 90
miles to Bloomington This leaves 81 miles yet be laid
with iron which it is stated win be done within this year,
~ the grading and bridging in good of forward
ness and the iron hand This road viii connect Lake
Michigan and the great West with the Ohio River at New
Albany and will be great convenience the public in
that section Of the Union
Mr. Robb, President of the New.Orleans jackson and
Great Northern Railroad has addressed communication
10 The Ner Orleans PoayUne in which, after referring to
he inability to effect negotiations for bondsin London says
while we have not been able 10 obtain 10 com
pee the road the entire distance proposed shall be able
10 prosecute the work the division between New Or
sns and Canton. Miss have assurances that when the
road finished to the State line and graded from there to
Canton that means will be forthcoming to finish the road
TO Aberdeen, Miss provided favorable change takes
place in the London money market
II you have 10 refer 70 Mr. Slidells and my
mission TO London you need hesitate in assuring the
public tina, there viii be interruption in the prosecution
OF the work now under contract
The Boston Post furnishes interesting letter from
Washington in regard to the experiments Of Mr. Truman
Smith upon the Lake Superior OF that letter The
foSf says;
If it's statements be correct or applicable TO yeinstone
generally the value Of the Lake Superior copper mines is
scarcely be estimated Measures in progress in
this City anayxe similar veinstone upon much larger
scale than that attempted by Mr. Smith and the public
win be duly informed Of the result In the meantime,
have been favored with aleer from gentleman in Wash
ngton who present at of the hrss Of Mr. Smith
experiments. lie writes as follows
The facts are these. Mr.. Smith returning from
Lake Superior brought numerous specimens OF copper
the Isle Royal which think were selected because they
had attached to them small particles or rather gobues of
native silver which Is known to exist to greater or less
extent m various localities OF the mineral region of Lake
Superior. But Of silver has been found there as
l am informed. couple Of weeks ago there appeared
here TO ask aid from the diplomatic agent this country
man representing himself native of Ecuador South
America He stated he had spent Eve years in the study
and prsctce Of metaugy and for the last two years had
been employed in the French Pyrenecs He sailed from
s sS % bSqSs I OS s
made his way to Washington where he introduced
20 Mr. Smith, the minister from Ecuador having first
him and certified the responsibility of his fam
lily in that country. Upon seeing Mr.. Smiths copper
specimens his attention immediately attracted to
the veins:one more or less Of which adhered to the
pieces Portions Of this vensone he pronounced to be
rich silver ore He was asked il he could separate the
silver from such small quantity of the veinstone ad
bered to the copper and replying tina, he could the
or with four ounces Of the rock of from one Of
the specimens. At this stage, Mr. Smith communicated
he facts me- and invited to witness the oper
ations went TO Mr. Smiths residence iocrednious or
ria in