New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-02-24

Ne
Tifss Mortsars Bends per sold. Iee1 CO..
Second NcTtgsge Bonds, per cent sold About %'V
s4lsssss
Toial......................... '.'siS'A'"
The estimated cost OF the road vas si,oO0VlO
Tie San Francisco Chronicle says;
"On Tuesday evening, Jan H. rumor was circulSea
in the streets that the banking house Of Adams 20 had
failed On the next day, holders Of certificates OF dePo
made rush 10 draw their money From the time ths
bank onened In the morning till closed in the afternoon
the rush was kept Up and when was discovered IN ~ ns
funds in the bank were equal TO me oesns ~ re
nent died away The arose from the TACT tha' the
name 81 the firm did not appear among the shippers OIL
treasure in the report Published a. sent on the lon OF
uary Adams & Co paid ont $4,000 to dePo'u3rS, ans
had sufficient money lef to be considered perfectly good
by everybody"
This ,ie result which might have been expected from
q house Of the standing Of Adams & Co
Mr. Clinton has in oduced the Assembly of this State
the following blu relative to holidays:
AN ACT relative holidays % Be observed IN the acceptance
and pas uent bills Of exchange and prOmi'Oiy notes
Tz< sep the ssae eYes York yated in seAas cad A"e~
sscEros The follow ING days shall for a, purposs, wh.o,ys.
ohe M payment and , G an Up. S
pomOry be REGARDED AID treated y the ne. d'y o. Ia
g5 }Sy e axis O.; s5S Of os
eetsr seS .,s n s9 S or ds7 as NAV b
eopteS or By Ohe State the Prs'
SEC il %. P,.ssdDs sec,
m H. don instead all pegoiabe pepper h
would Otherwise such Monday shall become due and pay
able Sec on f 5s &c. sn hs G holidays
sIssS IN @ s:;p:Sss ISd @ hereby 9epsd
SEC This act shall take eject Immediately
Mr. Elliot lnte Deputy Superintendent Of the Hudson
River Railroad hes been appointed Superintendent of the
Harlem Railroad
The Rock Island Railroad is nov eomplsted TO Rock
Island an the first train went through the I'D February
The following is the last weekly statement Of the New
Orleans banks:
s fss IS s1 EsS Circular s fss
sSsele 9SiSos7 sH67N Deposits. I2Cs9slO iI2n5l7
The movement shows increase in all the items In
Loans s23l,27 Specie 24l35o; Circulation, s9557O
and Deposits s4s6o32
At Boston. The Journal Gays
The tendency Of the Money market is still favorable
TO continued ease The state OF our export trade is such
as to lower the Of Exchange Europe the banks
discount readily and borrowers obtain loans without ai
cuty at low rates still there seems to be lack OF all
speculative feeling and the bulls give way 10 the pears
without murmur .
The LouisrRe Journal speaking of the Breckinridge
Camel Coal Co Ia company for mining which has been
formed in this City many through the exertons OF joha
Thompson Esq } holds the following language;
THE BREcKINRIDGE CAMEL CoAL.-Having often
been witness of the burning of that extraordinary and
altogether unequaled fuel the Breckinrdge Camel Coal
and approaching the very great advantage p,sessgd Dy
Louisville in having mine Of such coal in her vicinity
and within her easy reach, have felt II duty to our
fellow citizens have the quality OF the coal examined by
those whom they have commence. we nave thhen
some trouble in this matter and willing TO take il
necessary great deal more SO far as we know not
solitary Individual has tried this coal or seen 1t tried with
out concluding unhesatingly, and with the utmost conn
dence that II will at once wholly supercede the use of al
other coal in Louisville if full supply OF can be Cd
tanned upon anything like reasonable terms We have
used hundreds Of bushels of the famous camel coal rom
Coal River empying into the Kanawba and II ia certain
~ very beautiful and delightful article bat our decided
conviction is does not pound for pound give more
than half much heat and flame as the Breckinrdge
camel We have doubt that the latter makes more
heat and flame than any other known coal The following
testimonial has been handed us for publication
DEAR SIR: The under.sned having been invited witness
room Of W,lisce Lthsew Co where portion thi,
e burning large open stove Ihs Cos. had pee. pa
ued un the entire ,ustsnes consumed We do not
psIor kitchen prIpoes and for generating se.% ss
superior any This coal presents eh bsk .p
: S a1' f' s
Ho% fas Ii d e ss SS S%Iaos
W BELRNAP,
J. $ LlrHGoW
Other testimonials not less strong perhaps even stronger
will be submitted hereafter. We propose to keep the
subject of the Breckenridge Cannal coal before our
citizens for we believe that this fuel is destined to add
vastly 10 their comfort their convenience their INTERESTS
ard their health This coal never snaps, it consumes
without sending any dust whatever burns like pitch
its combustion is continued for incredible length Of
time il does not leave particle of onder aud we fully
expec that shall be able to show that not not
affections but positive and great advantage to them
By to days mail nom Lake superior we have the follow
ing letter in relation the Mines in the neghborhood OF
Portage Lake
PORTAGE LALE, Tuesday, Jan 81, 1854
ISLE BoYALE NINE.
The Isle Royale is looking remarkably wel-never bet
ter than at the present time There is shaft drift
that does not exhibit copper in abundance and in some
parts il is really magnificent.
The number of shafts begun FIVE, at distances apart
yarng from $50 feet and they carried to
depths of o. H. no. 4O and 70 feet making in the aggre
gate ls3 feet The drifts upon the first level amount to
COO and upon the second 20 las feet.
The number of employed is 70; Sc of this number
are miners - employed below the surface in filling
wheeling and hosting rock and "a upon the surface In the
various occupations of teamng chopping, windassng
sanding blscksmtting building, asserting copper and
hauling il TO the Lake.
The work Of opening the mine is steadily progressing
and every step taken shows clearly the value of the
mine which hes been rich in barrel and stamp work from
the commencement but the depth increases the copper
and vein stone give greater indications of masses the
copper being more compact surface smoother and in
larger pieces The opinion is entertained by those best
informed that the Isle Royale vein carries masses and
that at no great depth below the point now reached.
No shaft which has been sunk 20 feet is perhaps a.
rich shaft has been opened Lake Superior Its
size about by IS feet and 1t is under the mark to state
that go tuus OF copper have been raised from it. This
shaft has been strong in copper that the contractors
have twice abandoned the work.
The work a, this mine has been confined TO the Isle
Roytle Vein The Portage Vein which lies about 200 feet
west has however been explored and found to be very
rich in copper in fact weighing 100 70 vas
taken from the surface of the vein The Shoe appearance
self The Company has just put up engine for hosting
rok and water and has also one purchased and ready 10
be sent forward upon the opening of navigation Tor
stamps.
The property Of this Company joins the Isle Royaie on
the north. -Four shafts have been commenced upon the
Portage ven the depths Of which are now So lol 20 and
so feet and two upon the Isle Roye vein that are down
90 and 20 feat MAKING in all AIS of shafts The drit