The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-09-21

Equal to twelve and three enths per cent on the capital
stock.
The letter says
The difference between the cos, Of fuel on your Central
and Erie roads and the Blltimore and Ohio is css
than three 10 four hundred thousand dollars per
favor OF the last named-almost dividend OF ITSELF
The lake Superior Journal contains the following
statements relative o copper mining
The accounts from the copper mircs were never
encouraging than nj the present time, Tue confidence
which Is felt by parties holding stock Is strong evidence
Of their prosperity but the reports from The them
selves convincing beyond cay OF their prosperity and
proaabencss. This Is truly gratifying 10 those interest
ed In the country aud IL strong evidence that the
speculation In sto ks Is fast giving place 10 healthy wor
ing operations nj the mines Our reports from tue Qn
cy Nine at Portage Lake almost too good 10 be true
yet we have 70 DOUBT thcir correctness Toe
miners are now engaged IN sinking three chats
is called the Pewabsc vein and the show Of copper thi
FAR has been excellent Shaft No. Is sunk 20 feet
No. IL feet. and No 50 feet The three shas have
produced ten tons OF mass and barrel copper Thus "a
stopping has been done ths hind Of work not having
been required as yet The vein upon viii h these shafts
are situated has been traced nearly across this To- aon
distance OF mile and half showing foundation Cot the
continuance Of the present good shoe o. copper
About lorty feet west from this vcu is another
which appears TO have been worked BY the ancient mi
ners, tome OF the old pits remaining imperfect
don OF these the company have cleared out only one
yet In they have found mass OF copper eighteen inch
e In height and one foot wide ana exposed for about
three feet in length This piece i bright, and shows
plainly where spcienis have battered with their ham
and other tools. The persons 10 charge q this
mine appear 10 be well pleased with its condition ami
prospects, ana We tnink with reasonable cause The
company prepared 10 work It'll a strong during
the coming winter, and may reasonably expect they
viii make heavy shipment n xt season though
has been probably will be. shipped this tasou.
The Peraoic mine has been IN operation about
year and Is also the Iewabc vcin The prospects
this mine are more hsttersng, possible. than nj the
Quincy the entire ground broken hsvir Welded ton Of
mass and barrel copper to tao cubic atbom. amount
sufficient TO satisfy the most syarieous The VEINS upon
which the miners are nov al work have been traced
about two miles.
There 10 another mine at this location" which has
been traced northeastcry from the soutnwcst
quarter Of section twenty four, and In several places
"opcn cuts have been dug ard always with good
show OF copper The shipment will ex, eed eighty tons
his season twothirds Of that having been
below Already The barrel work from tina, mice Tue
Quincy s taid 70 be the richest found, and when II
taken into corsidt ration that IN abundant there gooi
rtGstr lsr sarrure expectation.
1hesETpTc returns Of the British Board Trade Tor tho
rort Il ivy have been sfued, ard again show great
rcr,ase ne employment q British ,oI mage while the
pcvu Z ~smretton TIE par; q foreign SHIPS. with
he exseron o. ,hose q me Tilted states B gradually
a'mbthine. Russia figures in toe s, q entries 10 the
extent q SEQ tons, and clcarances, 3o97 tons. Sab
oined are the general totals