New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-02-08

.
| Boston Yesterday
'S F Fo92 coz 100 Hpos COP PC 70
10 W t Topper dO'........ ...s5n 50
IS PhoniI COP. Co...'..... 10
Tie BoaoH ornei gives the annexed history OF the Isle
Royo'e Copper Mine:
The mining operations Of this Company were first
Commenced on lie ROyae where they engaged for
several years with but little success. la 1872 tie C0npa
nv purchased lands the south side OF Portage Lake and
began work this location in August of that year,
where they have since been actively and successfully
Iloyod The Company within the Portage Lake dis
tct three racts Of laud, 60 lsg 3ol acres On one OF
the No. tie northwest qUurtero ection township "a north
range "a west containing 100 acres they are now mining
There three large veins running obqIey across this
tract about 200 feet apart On the middle vein, usually
called tie Ilo Royae vein the mining work now pro
crossing This vein, which extends through the trac,
distance of between 1900 and $500 feet, s by far the
largest which has been opened Lake Superior,
being from twelve fifteen feet wide, with regular walls
and well charged with copper.
1st of January Nos and shafts down to the ten
fathom level Nos and to the twenty fathom level and
No down the ten. drft had been extended on
the t6 fohom Lowell from No to No. shaft 200 feet
north Of No about $50 feet and south Of No about
600 making in all abOu go feet on that level In aiii
fatl ON level from No shaft about - feet The whole
amount Of work done is in drifting coo eet-shlng 40
nc amount Of copper sent forward during the last year
was 7s3 ls about 10 tuns which yielded 1873 lbs
ofiDgo "copper" end realized s53i 49, after delucng the
price Of smcng This according to the statement of the
Principal Of the smelling works at Detroit is fully the
average yield of the bareoe received from ,he Lake b
ing C2 per cent They have upon the surface at the
mine not less than 500 tuns Of copper rock least
helf Of which is rich stamp work. aud the residue will pay
good profit stamping Ihe agent is confident of be
ing able 10 ship $4,000 worth Of copper next
"Tbirty.six miners aud forty five surface men
ryod at the lost alices and is stated that the mine
vii be sufficiently advanced to employ twenty four
additional miners. On completion of the stamps the niue
ol,li,, Irol ur.fr y uEn
They have erected at the mine one Large and fouc
sma boarding houses, framed barn thirty by forty
feet two change houses blacksmith shop and several
Other small dwelling houses and buildings Oi on Por.'
age Lake has been contracted for, where boarding
house aud Office have been erected and where the stamps
he put up during next season contract has been
made in Detroit for engine capable Of driving forty
eight beads Of stamps and this is TO be completed by the
Is, of AIr II is in contemplation also to build wharf
store and warehouse the lake during the next season.
and also several dwelling houses for the accommodation
OF those who will be employed atthe stamps.
The islo Royae mine has been proved to an extent
which leaves but little any doubt of success The
usual width of vein at first induced many who hal been
long amar with the copper mines in the 0n!onagon and
Keweeuaw dcts TO raise doubts 10 the continuance
ard regularity Of the vein but further developments have
satsfd the most skepcal, and it is believed TO be
as tue and regular vein as can be found in the copper
region.
The company is organized under special charter from
the STATE # Michigan. The whole number OF shares Is
1000, and the amount pud in $4,000, al each
share Another of 81 T. share has last been
levied and other assessments viii doubtless be called for
during the season as IT is intended by the managers to
push the enterprise TO dividend paying condition ~
speedily possible The present market value of the
stock ia 600 share and il held with great confdsnce
The Hon Truman Smiths President of the COMPANY, and
{. Douela the mining agent.
Exports for the week ending Feb 6:
q bales T coon 1 Ss sS csa IS 1
M $3.50 &c DO Governed en s 40 =, SSi 5
$3.50 - fs IS s 10 Sac. iS:
- sa' Tl's So ~! =: 81 o. 5SS2 SIS rs L,Is $50
ldia Rubber Good. 5dO Es' OH $50 go BOois so
To-. III. Beofss 90 40 do ro Al,
DO Flsaf eaas llode Oh c,ie 500 > 81 ,sdt
2Ssdo L.id ess hid. To. s5sl Il 600 says. s9ls
Ken &c. RieS sass U .i Ns5aey se Law. n
H1l.s-gi bale. Cotton s557iO s?5I bush Wheat s7a,
% 4sds jsrelc s.S. $50 - :, ac ' Save,
10 sI' sGS; a $50 es e Ls5. s - s do
ing 80 l4do lpd,r,tbef Good, ssea DO Cs.H s5s5
:5ls Hon ms s3l' sao' s;5 - q: E;sa
s17 StSo Sa WpsiSo1 - 81 % b fogI 20 - SI5
% Candle. Bool,nd Nap. go SIS % iSd.ss-g
eHse $50 1900 Tree Sa. s isI es RoS.1 20 Sgs
Coies sisls H6dO COeos ssfsT 81 So 10 na.
s suskeiO0t 600 Is hbd Rom o. pc cases Indigo 80
Markets. CAErFULLY REroErED FOR rEr Y Y TRnUvE
AsHEsThe Pearls; sales Of 50 b5l. :. 81
coIroN ali ana heavy narlet ..les ofs7s bale. Expert
al. b. $. speculation 81, IN tgsn.i;u az.
FLOUR AND NEALOar market tor Western ald Foar
.,risi. 5aass nj. IA, oc. ard E.ern dmsnd
G.e favorable and lave additional
Ssr ~. o9,Sn . s,s
bbs closing &gGS9 cot STATE
81 S fOr mixed fancy Michigan Indiana sud
g ST fog TO gooi Olo included 10 the
The n 70 9Th Of febf e. as 8 for March
wees hsy % 20 for al May aud o.
tefy souhern Flour letter With good nqu for the West
hos Az south America the so bbls 81 21S9
~ nree 10 god AIT brands Baltimore Asxtsdrs Rve
rt sDa not plenty saes Of % bbh 81 ~
~. sitSso st for gtene Cor, Meal rather
CpxTS ~ ~ Jeftey 81 - u. and Brsndywise
al "a more inquiry Nbost bot tgh price.
Lans 49, inquir sales lots CO bush
20 g " IN snail lots R,e " Ia f.ir deu,sd "a
49, O. 5-,A h,er al IS the Railroad D.pt o..
Sa5e 40 - na tr ths loc rsds salss Il Jer.sy AZ
~ e 40 tsteI SIC Corn h. in 80 -
sna liees &c beiifr The sspply no, 49, \ " ~
49, ~ - a. saap Jersey 81 tsasi ot G5 "a ~
sAiis sc,ier a. ,oa oogsn yellow, snd 81 coal G Tor
"hlSAf he mArsst Is heavy qss.. ..,..
49,, az. n No. =, ~ iea - short Drgiss
PhONirIDhs- Tho msrist 10 ru'h-r sssler 70, p.
o. the SPOT BAT oi q aevsIy tcFe u oel $40 gset
Ct eA 10 III sale. 100 b5 NJ. ~ NJ ia s 90 iins 10
beti IA "a s1a n ar Iegussf sss hb. =. a. s 20
County sbd e. scas7 r Ciy Prime PfsS NJ T. !, % M
matd ,se " . 10 Oaio 40 81 Beet -, ss
quiet si7 'osts Dread os, sre 5od Gsmsas a. are
Cu Meets quiet bit firm Al 81 az "a .,e
sEd "a ace 10 shoe dos Lad gT dsuasd sai "a, ~.
port tle sms 80 tbs a. Is AZ ii 10,
ne 80, Snd % arrive IN al hs ME Batter s
plenty ard 10 iislod dsnate q Ja l5e s Ohio and dza n,
,eesif.,s Cheese sris sosy Il loei &c
fHOs-Hoitsi firm Ia Scotch Ia sass q Is sJs
go. ug0iks
4fg Jll essh AID tame and vAlsna, 81
AYFDHA Uniisd densrd Tor Clover Seed
Tinoby 10 qsist at ga D9ss for moved and s7qts ;, 70,
~ q - 80 As.hH