New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-03-23
are however drawn down considerably which restricts the
ability of the Banks 10 lend.

hovrvy drawn down considerably which restricts the
ability Of the Banks 10 lend.
Tbe receipts of tie Cleveland and Toledo Road Of the
bird week in March were exc 500.
Mr. President Bernun has employed Mr. Gerard 10 de-
rd the Injunction suit brouG against the Directors OF the
Crysta Palace end st the request OF the friends OF the en-
trprse who look 10 him the Of al others TO revive
4, Mr. Barnun viii not send in his resignation on Friday
a, he intended He does not however consent to retain
the Office permanently.
The annual meeting Of the American Mining Company
was held at the Office Of the Company, in Windsor Yer
mont on the 18th day Of March instant Of P NJ The
following persons duly elected Directors viz Eras-
tus Fairbanks and Horace Paddock, OF ST. Johnsoury
Henry Reyes, Newbury; Abel Underwood, Wells Riyer
Isaac w Hubbard joseph d. Hatch and George Wardser
Windsor Vermont; David A. Simmon, Boston, Mass
William Z. Trask, Nathaniel Hayden, and Francis 4.
Phepe City of New York At meeting Of the Directors
on the same day. r Phelps was unanimously reelected
President
The Morris Canal oper ed for busiaess today.
II understood tina, the Erie loan was taken OF about 3d.
and that very strong list Of continental we're in the
,ubscrpon The loan lie undoubtedly better held than any
of the previous loans Of this Company AMI the parties
would have made up much larger amount had It been
necessary II was looked upon as very desirable loan
The first general section Of 81 miles extending from
Evansville Ind 10 the crossing Of the Ohio and Mississippi
Railroad Of the Evansville, indianapolis and Cleveland
straightne Railroad let to contractors on the 18th Of
last month and the work has already commenced with
heavy force.
meeting was held at Newburgh on Monday OF the
friends Of the Newbprgb and Syracuse Railroad Company
Tie meeting voted TO raise stock subscriptions OF 100000
which is the proportion assessed upon NswbuIgh for the
construction Of the road.
Al Boston the Money market slight and stocks declining
The report Of the Auditor Of Indiana shows the receipts
into the Treasury from all the past fiscal year 10 be
81 943 expenditure 81 5O9305 The total valuation OF
real and persone properly assessed for the taxation OF 1853
amounts TO the sum Of s26GO9 GA being increase of
over the assessed value OF the taxable property
Of the State for the precc ding fiscal year.
The Detroit Adceriser gives the following intelligence
the from Mines:
"OSToSAGos Thursday, Feb o, 1854
1.-THE news from the mines is very good. To commence
with those on the east side of the river The Shawneats
reported as having fine strong lode The copper now
found in pieces weighing several pounds and miner
brought down word that small mass was in sght-at
least such the suppOs0n of all when he Lett AZ the
surface the conner was dused through the vein in small
PARTICLES ii has changed to barrel work The company
have fine stock of supplies, and everything is doing
well.
"The Erie aud Ontario the two mines in this neghbor
borhood working the came vein on adj lands
have good rich veiD full Of barrel work The vein Is
1.-THE Douglas Houghton working away with n
moderate force The vein is both larger and richer than
before ii is far regular than ii was ct the sur
face:
water which and then fails. This m ne is well man
aged snd will ship considerable copper in the spring
"1he Fire Steel have been sinking large rico vein.
For the past two three months tun of copper
has been taken out of the shaft not forty feet deep This
il the Indiana veiD but is south of it, probably
hundred yards The latter vein tina Company has not yet
found.
1.-The Indiana Company have commenced sinking
Shaft the top of the bluff The vein is quite large
and IL full of small massesa part of the vein Stone full
of stamp silver The stock is all the rage here's is
offered
"The Tsec looks about as usual The slopes are turn
ing large quantities of barrel copper and nog and then
a small mass, beside an abundance Of stamp work.
The AlgOmSh sinking the TOtec vein. This il
very large and looks as well rs the Toec ever did.
1.-The Merchants have fine vein full of copper. The
vein stuff is principally quartz. think this will be
. "The Hazard has fine quartz vein, but as yet very
little is done. Billnghurst is preparing to go through
soon.
"The Evergreen Bluff have vein full of barrel and
mass copper. 1t of the richest places ever saw.
The Nebraska have opened some iae rich digsngs,
but they have not done much mining.
The Flint steel have found in the drlt mass oil sev
era tuns euG the vein is very rich The stock Of this
mine is ceiling at 81 TO e.
ate RochlGnd have also a rich lode.
"lle Minnesota never looked better.
"1he National have opened large extent of ground on
he congomeIale vein, which viii turn out considerable
copper They are driving from the cross cut on the vein
bch some suppose TO be the Minnesota but il is poor
The Forest mine has greatly changed for the better
Every is speaking of its richness Mr. u. Walbank
Just down ard reports that they got out three to four
yesterday. All who have visited during the past
winter, think il will make great mine yet Their stamps
are doing first rate with a set of joggn, tables
They will probably ship 100 uns next sumner. The Glen
VEIN that you opened looking very well Ii is from
10 three feet wide, and is rich in copper.
"1he Ohio Trap Rock is another mine that is coming
out The vein is richer they extend their openings
and the stamps running ali the tme with some labor
saving washing and dressing machines This mine will
make good shipment of copper next summer.
Windsor have found some masses, and the vein is
equS to the Norwich Both of these mines looking
very well
"The Pittsburg have found vein; but so little has been
done on it that it is impossible to say what will
amount TO.
THE Magnetic and Aggoeebic have opened some very
fine veins and working considerable forces of men
"A letter written by another gentleman says:
Toltec is getting out much copper from the
slopes between No. and shaft The last kiln burned
brought out five uns in and barrel work besides
a large amount Of stamp work.
The Agomah is looking well rich lode of barrel and
stamp work one ard a half TO three feet wide.
Indiana the vein in the shaft is about 22 feet wide
containing all the geological parts desirable for good
vein, especially barrel work The vein is now opened
300 feet from the shaft and 100 feet lower than its collar
the proposed plan for the adt aad it is full of green
carbonate of copper in bolders and decOmposed vein
stone. The mass is there yet
Our friend Howard has entered day CLERK of the
Toltec, for the time +. Sales goes below,
Markeeins.