New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-02-14
NEw.yORK DAILY TRIBUNE, TUESDAY, FEBRUARY H. 1854

While We are rot called upIn become parties 70 any
uusrtc which msy Ariso 3ctween the people ana ia
read company which naa by suieranes oI u5 Pf
mission laid 10 tro aud been tho channel o. comm rec
for yoafe we h.yo clear rsht 70 e1l ; ~ N" sn.,
0oi &c mado .ne innocent victims iieaing 20 W. sronS
here iha' thcfo diGcucs will specify Ar sIo
nN To whole mrter 20 the consideration W ne LeSsl
,s,,,r rom the superintenden Of tie Toltec Copper
Nine. dated Dec &C, says;
Tho mine Is looking better than q has any previous
ip,c We taking cut great cea Of barrel workw WIN
rAi masses weighing from 200 20 900 b. Our present
zee IL about men Including miners The drift west
OF the winzc in about 4c feet The vein large a1d
Rtrcars TO be rich in copper No shaft is down about
4Sf.et-the vein Ia NH In stamp work The east drit,
eat Of No shaft the cesond level s looking very
finely East Of no 2 on The hrst level they are taxing
copper think the richest have ever seen West OF
No 3 on the first level there il fine show OF copper
vein three feet thick full Of barrel work and some masses
beles being thoroughly charged with stamp work Of the
richest Kind Large bits Of copper are ckng oat ron
the hack Of the slopes In No. shaft I'd level mass OF
800 II has been taken out The vein looks well also IN the
dr east Of No and in shaft No 4, which is only down
10 the first level"
Tho Algomnh Superintendent whites, 90,
"Thnt the Grst shaft IL down about twenty feet win
"splendd show at the bottom The VEN Is twen ~ Iii
kick fu Of barrel and stamp work. Another sh an wiz
.be hecun in few DAYS" Nj. Hill writes very fsycTa-
bly of the new diegings at the Phoenix but of course
I
"H Tbs news from the Summit is excellent As the
mine becomes developed the vein grows larger ahd rcoe
Mr. Hill is driving the work az fast as possible
A litter from Mr. Dickinson of the Bohemian mine
dated Dee 10, says;
I'VE nre upcoverng mass Of copper in the shan upon
,be soutb vein We now have four feet in width two 1887
nlergh and foot thick uncovered ana me Psce
vet too solid to until more ground Is taken uo"h
/ The mine generally is looking better
This is a very respectable lump Of copper for new
mine and indicates unusual richness in the character oil
the vein
Letter from Mr. Law, agent Of the Shawmui dated Dec
/ 6, Gays:
I ii have been underground today examining the vein
Shat, No measured IS feet in depth shaft No. is
DOM 4s eet-in this sho there is strong lode rich WIN
stamp work The vein at this point seems to improve IN
depth the copper is much stronger than was TOWARD
the surface II my intention TO sink this SHAFT 20 iah
oms ard then communicate it with No 2shait, nave
no doubt from the appearance OF the vein at present IN
driving the level, we will open up good ground Inc
number of men in the Company employ is 49,
The annual report Of the Tere Haute and Richmond
Railroad has been published The total receipts Of the
Company for the last fiscal year ending Dec 3d. 1853 were
sl77975 o. expenditures little upward OF s96ooO-leav'
Eng the net earnings OF Gil GA co. decrease over the net
eaIpipes of 1852 of s4OI7O So The total number Of
through and woy passengers during the year was ss2l
Total number of miles run including passenger freight and
Gravel trains l29465 This increase is attributed in part to
the completion within the last year Of the Indianapolis and
BelIefontane the Indiana Central and the Cincinnati ana
indianapolis Roads The local business has also increased
the oil coal exceeding that OF last year by
5sss tuDs.
appears from the annual report of the President OF
tie Susquehanna Railroad Company that the grading and
masonry of the entire line from Bridgeport opposite Har
rsburg to sunbury C54 miles, put under contract
On the gath November OF this the grading and ma
eopry has been completed 26l miles The report
"1he amount expended for grading and masonry super
structure of brdges right of way engineering &c, Is
e59 sO2 of which $3.50 307 paid in the stock OF
the Company at par and the balance s379l95 in money
According the estimate of the engineer there VIII yet
be required 10 complete the grading and masonry and the
superstucure of bridges 1922 542 which under existing
contracts can be met with s6s2 iO5 in cash. and
in stock The officer estimates the cost of the rail
way supersructure including iron, crossties and laying,
lat the present advanced price Of railroad iron at $4,000
"To meet these various expenditures, the Company have
made the following assets, viz: ~
sulscrip.lOn BY NOrthumbersnd County ......sSooooo
s useiE;iS5 b SorC0sSo Ee9ijus
sSIscIip By Of sgnbuIy leOndi,Ona 29oSo
Loan from York and Cumberland Railroad cO... 10000
Mains total Of. .......::.............. 81 $4,000
"If the foregoing subscriptions were available in cash
the means Company would be nearly sufficient to com
plete the entire road The municipal subscriptions having
however been paid in the bonds of the respective counties
and boroughs the Company have been unable to dispose
Of them par and they consequently remain unsod 10
the hands of the Treasurer.
W H. Grinnel associated with Messrs. Corning Rich
mond Gov Hunt, j. L. Sch0olcratt j. , NadsHOrtl a u
Fseg Peter Cooper and Others Of this State Corcoran of
Washington Vinton of Ohio, McLane of Baltimore and
other men distinguished capitalists are making appica
ton to the Wisconsin Legislature for the charter Of the At
lanc and Pacific Railroad Company with capital of fifty
million to build railroad from any point on the valley OF
the lakes the Mississippi Gulf Of Mexico to the Pacific
Ocean The bill also provides that the company have the
privilege of doubling its capital
The Burlington Free Press announces that the Bellows
Falls Bank at Bellows Falls have attached large amount
Ofproperty Of the Rutland and Burlington Railroad Com
paDy. The property consists oflocOmotves and cars
Markets. CAREFULLY REPORTED FOR THE Y TRIBUNE.
MONDAY Feb. IS 1854
sHEs-The market Pots as az. Pearls
cOTToN-Tbe report the market darns the
eek having been sus and esnS dali With .ses Of
snstu the, report the market d and hesyyst
q; @ I Some s' & lH S Sales
T Tpsss. 'r riosss Sosn. NO. r.I..
a $ .!:'.....:::i 4 i #
ke for weeIn and State Flour with AR demand part
eroyart in expectation q higher Pes the csaa,a s.asr d..
toI5eow CtnadD roqr e do sse sssy q % 6i me s.ls.
State ana 81 co IS fancy Mehgsn ssa
seed oAo I!eleaes in the e are 90 ss s,., ,f -: ,
To- Ied brand. the elOs the decline Fsesvssd s,
mixed good straight brand. Baltimore OeeIgso~n H. kIs
Feui sales Of 100 bels sapertne II 20 "a Can Ass
quiet; .sles Of go bbls Jersey q; 81 -.
GRAM eeeT itqsIry ier Mhe 80 tnst lehs 80
sales Of eco bush goed red southern a. - IN issa f Ley
tush fair mixed Canadian 81 Rye bsoysn feT
81 q refused sales Of SO ou'h on 2uy,te terms Os. "a
sn CO TtiheT better with b demand for AID The
bone trade sale, OLA C bu q Il ~ Tor damp Jeissy VI "