New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-05-22

The Exports Of merchandise for the week were large
reaching S1,6l5,059.
The Exchanges at the clearing hour this morning were
only tls,l79,OO0.
The rumor about the street, that half million Of Penn
Stocks had been sent home lately for sale
after through investigation, sacd is without foundation.
There have been during the last few months small
Of stocks of that State due year returned by each
steamer but in nearly every the proceeds have been
reinvested We hear also Of Erie Incomes returned
by the last steamer and the other hand know that
orders for American securities have been received to fair
extent by several houses aad in for the rcIur
chase of security at y cent higher than IL had been
u sold at
The following nolse oxieSing the propositions for the
redemption OF the debt to st July has been Issued
by the Secretary of the Treasury:
Tnr.suRY DEPARTMENT May 20, 1864
Tie time limited by the notice of this department OF the
of January last for the prrchae Of stocks of the United
States IL hereby extended to the LIST of July next Bui il
be observed in regard to certificates which may be
ceved at il after the LIST of june that in addition 10 the
usual assignment the holder must distinctly assign the in
ferest the which will then have been made M
the treasury transmit the coupons the be-
In default of this latter assignment or ransInssion the
days interest less interest from the time
Of red mption to the let of july only will be paid.
To afford opportunity TO distant holders 10 avail Them
selves of this notice the department will consider stock
mailed prior the LIST July entitled to lis benefit upon
the usual evidence of being 30 mailed.
JAMES GUTHRIE. Secretary Of the Treasury,
The large and increasing demand for coal which hes
the past and present year and the profitable
working the mines of Pennsylvania and Virginia has at
traced the attention of several gentlemen to valua
bic locations in the Cumberland Coal district aud they
have formed company under the title of the Hampshire
Coal and Iron Co.. for the purpose of working prop
ert for coal, lying in Hampshire Co. and Harding CO.,
Va. and Allegheny Co., Nd These properties in the ag
grese amount to TO- 33 of which about 1000 are in
Han phro Co. nearly touching the Baltimore and Ohio L.
alta pont about miles from Baltimore, at the foot of
the hi grade of ll6 feet to the mile by which Atanont
n reached 1t is in the immediate vicinity of Piedmont,
where The Georges Creek Railroad terminates. OF these
1000 acres some unerad by the great Is feet bed
Of coal The total thickness of ell the beds is stated
feet w ch Royalty Of CSC per tun would give
aggrcgae value of $3.50 900 The property also
tans iron and fire clay It'll proposed bring the coal
the rasad by series of inclined planes of about mile
md q in length The whole of these plains and
equpme estmnted at sa5 ols In regard to the
to marker he report of the company says:
THE Baltimore and Ohio Railroad has secured the
sneans of hyng second track Piedmont and stocking
it with ause rolling power, chiefly in reference TO the
coal traffic The State of Virginia foelngly alive 10 her
domestic iu,ress is lending her aid to extend the exan
dria and Manassas Gap Railroad to tie vicinity of Pied
meat while another and direct line from Alexandra
has been cossnenccd TO connect at the poat
w the Balm and Ohio Railroad - he latter road
pesis and Ohio Canal BY navgable feeder down the val
ley Of the sout branch of the Potomac These works
hevosS all questss.
The property is Hardy County, Va consists of 5000
acres and situated between Stony River and Atahas
Creek The location OF the projected extensions of the
Aexaph.a and MsNassas Gap and the Alexandria Lon
DON and arupshire Railroads pass through in tLc i'm
mediate .icinity of this extensive property. When these
roads arc canplesed communications will be opened it'll
Baltimore AID Alexandria by three diherer. routes. AT
present hpc of twenty Sles long, descending from De
mines with gradients not vceedng sixty feet to the mile
would ESTABLISH connects with either of thsse cities
The property in Allegheny CO., Nd, consss Of 500
acxs situated ca tributary to Georges Creek atoot three
mks above the ,,onaconi,x kunace where the Georges
Cretfx Railroad commences. From Homecoming tram
road nown as Depolds rc~d passes through the prop
erty ", moderate ascending grades descending toward
Lonaccc ne and the Baltimore ono Ohio Railroad at Pied
mont railway adapted for Locomotives might be built
this irec, conforming the rreni grades for aboa
$4,000.
Beds Of 2, feet, feet and feet tAckness have been
opened on this property 1t proposed however TO work
at present cni the property in Hampshire County, and
these il the insnton of the Comp any commence work.
ing the sprrg the plaAes and xtures b.
constructed. Meas. Dougla< Percy Enge,e j. Smith
and Francis Owens Awe made full axd very satisfactory
reports on the value q the property Of the hampshire
Company. The Company has liberal charters from vr-
gina and Maryland. The PARTIES nsnsd 10 the charter
are Victor De LaunAy Reuben johnson, Thomas c. At
kinsoD, Jerry Cowles and r. L. Joyce.
We are informed that the North arolna Company have
sold by private sale 100 tuns Of their copper Ia the
Baltimore Smelling Company at The last auction price,
namely s. y one y cent OF Copper. This sopcysNdes