The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-06-24

last CoApdIcu VIVA LuOSo OF the previous
week exhibit the following changes in the aggregate
Increase in loans and discounts OF. ... ST. 45s ia
Decrease in circulation of.............,,, 50 T33
Increase in deposits nominally, Of. l13 500
Increase in deposits, actually, of........ 1874 SIS
The expansion is going on at rapdrate. The Zine of
discounts is again at high point and il making up fast
The aggregate within about two millions Of the cx
treme amount reported this year. but the much
better now for an expansion than in April last when the
maximum was reached The banks have in hand up.
wards of five millions specie than at that time with
great increase in deposits The total movement is now
much stronger. The banks will devise some way TO re-
duce the immense amount of specie in their vaults.
At election for directors of tie Portsmouth Dry Dock
and Steamboat Basin Company, hid the Sd inst, at
Portsmouth, Ohio the following gentlemen were elected
Thomas Mcknight, John OBrien, Frederick O. Pendcx
ter, John A. Clussman and John Stevens. AT subse
quent meeting Of the directors, John b. Stevens was
elected President, and George W. C,ribar Secretary
The circular Of Mcssrs Dupee, Perkins Il Saylcs, Dos
ton, furnishes the following information relative to
copper mining Affairs
P77sBURG AND Boston, (CliG This stock has advanc-
ed to S270 with none for sale undG S275 1t is under
stood that the August dividend will DO $40 per share The
yield for May has not been received
AiNNEsoTA-Sacs have recently icen made at 800 Tex
e pro OF msS w
most sangunc expectations Of its managers Independ-
cnt OF its enormous yield, business organization any
description has displayed mSrefnancal skill or eco
nomica management. EU
RocKIAND--Thc stock is in demand at s25 The winter
season devoted to opening the nine, preparatory
stopping during the summer The south vein OF the
Minnesota Company proved en- tho Rockand territory
and the mining grounds Of the old workings are
connected by an aGt level similar show Of masses
appears on the territory Of tho other Appa
rently there is why the Rockand should not
at no distant day, be equal to the Minnesota.
FLINT SrEna RrvER-Ths company an ofishoot from the
Minnesota has been at work two years. Recently the Min
nesota south vein has been traced for mile oda
ion Efficient means have been taken prove the value
of the Iodo. The assessments hitherto amounting to
$50 00 and sales OF stock the company account for
$4,000 more, equal to outlay or 81 SO per share
the whole 20 900 shares Further instaments will be
called for The management is essentially the
~ the Minnesota and Rockland Companies.
IsIE RoYAIs-Tho product for the winter season was
IL tons, leaving the company surplus Of cash assets
tons The mine improves in depth, and pays not less
than -, Geo profit per month.
PEwAMc.-This location is the northern side of Port
age lake Its territory consists of 800 of mineral
lanes The metaiferons deposits are of character SINH
lar those Of the Isle Royal Company and have produced
principally from the sinking OF two shafts the vcin
Zone OF 60 feet and another Of 63 and drifting so
feet the first level 30 tons of barrel copper If this
extraordinary deveopemcnt holds good through the sum
mers working mine will be laid out extensively without
further assessments The stock Is in demand at quota
tons.
ToIrEc.-There was no product in April. In May IL
tons Of barrel and work raised. They had
about 0O0 tons OF stamp work on hand June which II
Is supposed will produce not less than ten tons copper
The prospects Of the mine represented by tho
committee OF investigation gradually improving The
transactions in the stock have been larger during the past
month than in all the other mining shares.
COPPER FAus.-The mines yielded in May IL tons,
which paid the cost of production The stock has ad-
vanccd recently IS cents per share The annual meeting
of stockholders held the l1h inst The balance Of
liabilities over assets was stated to be $l2, us 10.
The following is comparative statement Of traits re-
ccpts Of the Great Western Canada Railroad Company,
rorx q I, nf Tur gopd1