The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-03-24

proved this afternoon and may be quoted at SlH The
following the bids at the Mining Board-For Camel
Coal IN; for BrookdAle Silver, 3 for Potomac, 81; for
North Carolina, 8x for Hwassee 5k; for Toltes, 10;
for Fulton 81 for Rockland 10; for Phenix Cold, ri
for Gold Hill, 4; for Gardiner Gold, Ak
The following letter from Ontenagon, of the 9th Of
February gives very gratifying account of the pro-
gress Of the mines in that region
OSoKAGos Thursday, Feb. Q, 1854.
The news from the mines is very good. To commence
with those the east side OF the river The shawneat
is reported as having ane strong lode The copper
found IN pieces weighing several pounds, ana miner
brought down WORT that small mass was in sight.
least such the supposton of men No ie'' AZ
the surface the copper dused through the vein IN
small PARTICLES has changed to barrel work The COM
pany have fine stock Of supplies and everything is
doing well The Erie and Ontario the two mines in this
neehb1rhood are working the same vein on adjacent a
vein Is regular and well defined The Douglas Houghton
are working away with moderate force; the vein is
both larger and richer than before 1t is
far regular than II was at the surface. The
stamps doing very well, except the supply of
aged and will ship considerable copper in the spring
The Fire Steel have been sinking large rich ven
For the past two three months ton of copper
has been taken out Of the shaft not forty feet Deep
This is not the Indiana ven but is south of it, probably
one hundred yards. The latter vein this company has
sinking shaft on the top Of the bluff The vein is quite
large, and is full of small masses-a part of the vein
stone full Of stamp silver The stock is all the rage
The slopes turning out large quantities Of barrel
copper and and then small mass, beside abund-
anee of stamp work The Algomah are sinking on the
the Toltec ever did The Merchants have fine
vein full Of copper The vein stuff is prin;;
show by Epring. The Hazard has a fine quartz yea,
but yet very little Is done Bllinghurst Is preparing
to go through SOON The Evergreen Bluff has vein full
lever saw The Nebraska have opened fine rich
diggngs, but they have not done much mining The
Flint Steel have found in the drift Of several tons,
and the vein is very rich The stock of this mine is sell
ing at S. TO So. The Rockland have also rich lode.
The Minnesota never looked better The National have
opened large extent of ground the conglomerate
VEIN which will turn out considerable copper They
driving from the cut the vein which sup
pose to be the Minnesota but it is poor. The Forest
speaking of its richness Mr.. D. Wallbank just came
down and reports that they got ont three to four tons
winter, think it win make great mine Yet. Their
stamps are doing first rate with new set Of
Jogging, tables They win probably ship . one
you opened, is looking very well. 1t is from two
to three feet wide, and is rich in copper The Ohio
Trap Rock is another mine that Is coming out The
stamps are running all the time with some labor saving
washing and dressing machines. This mine will make
found and the vein is equal to the Norwich
Both of these mines looking very well The Pitts
that impossible to say what it will amount to- The
Magnetic and Aggogebic have opened some very fine
veins, and are working considerable forces OF men.
letter written by another gentleman says:-Toltec is
getting out much copper from the slopes between Nos
and shafts. The last kiln burned brought out five
tons in and barrel work besides large amount
of stamp work. The Algomah is looking well-a rich
lode OF barrel and stamp work. one and half to three
feet WIDE Indiana-The vein in the shaft is about two
to two and half feet wde containing all the geological
parts desirable for good vein especially barrel work.
The vein Is op ned three hundred feet from the
shaft and hundred feet lower than its collar the
proposed plan for the adt and Ia full Of green carbo-
nate of copper in boders and decompcsed vein stone
The mass Is there yet.
The accounts from the Portage Lake region equally
satisfactory. Captain Edwards, of the Albion writes
that he is fully confident of coming up to his estimate
given to the shareholders in August last when he
menced to work the mine namely that he would pro-
duce during the first year 100 tons of "copper" which, at
the present market price of the metal would net the
company 0O0 The secretary states that the
Albion vein proper continues to average Is feet in width
The company likewise working the Isle Royale vein
which their property and have refused we
told, $50 900 for it.
Agents of several insurance companies have applied to
to recy alleged in the statement of insurance
companies published by yesterday We beg to refer
them to the Comptroller who presume is responsible
for his statement and, specially referring to company
whose advertisement appears elsewhere suggest that in
agents take the trouble to study his statement
carefully before they occupy the time Of that officer with
frivolous objections
The annexed statement exhibits the condition of the
several banks of New Hampshire ON Monday the 9th Of
March. 1864