The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-09-29
sEnRrrRR FRom nnMEroRK.

De ~ SOV - eesSoS ~ " -
lsELRTTER FROM rgHW YORK
Summer absentees. from tselacity returning
z home-hotels thronged-c0st of lying IN
Nes1 York-1he stock dealers tcelcome the
81 noBied men homeless tendency to stock
speculation--More disposition for industrial
|, Investments NeUadG ,siEuer- mining sNeac
literary and political Journals in Neacl York.
NEW YORK, Sept. -27, 1866.
The summer absenteesi from the city, who
make. up a large percentageiof the well-to-do
population, are finding their way back to the
crowded and busy streets. Frequent faces of
New Workers, Drowned by country air, are
changing the paler midsummer aspects of
Broadway and Wall street, and citizens and
cltizenesses, show that on the face of things,
at least, they have prepared themselves by
country recreation and change of air for the
vigorous enjoyment of another winter.al9a =
The hotels are filed to overAowing. Many
New Workers are in the habit of passing the
winter, with their families, at the leading up
town hotels, where notwithstanding the
charge of five dollars day per head, the1ux-
uries Of life are had at a cheaper rate than is
attainable through elegant housekeeping in
She city, A family of .fourpe persons in hotel
vii pag $40 per day, or 5000 per month, Fur
aished Houses, IN first-class, or even in unex-
,eptionable, locations, are rented at from s4DO
70 5000 per month, while the expense ofmafn-
ssining than, tables, servants, fuel, gas, &c..
will amount,to $2e0gto 5000, orEmorey per
month, according to the habits and tastes of
Che occupants. Is
q The cost of living in New York, your read
ars viii perceive, is pitched on high scales
The middle lassess7shop keepers, mechanics,
artizans, &C., finding themselves affected by
! me high prices Of everything y1pathize with
The rising tide, and charge proportionaIly for
the exercise of theirfun actions in society. Ev-
saFybodys demands round prices, and everybody
manages 70 live accordinglysgbssa 81. s,na ~ =
Now that the gay people and the monied
people have come home from the watering-
places, everybody is looking for stimulating
season of speculation; fancy-stocks, Tit is
thought, win become elated, and that milleni-
nm of the brokers known as excitement
among the outside pubHcp is,Ekpected to set
ID. Gambling and high prices for stocks, rap
ID rises and sudden falls, are looked for when
she brokers profit by. either contingency, ami
The "outside public pays the fiddler.
But it is probable, so many Of the thinking
ones say, that the stock specializing mania will
not be so rife this season as usual in periods
when money aecumulates in private hands, as
of late has been the case, The .stoeksmostly
lealt in have become old and fhreadbare, and
she Outside public have got inte the way of
making "outside" investments after their own
way and fashion-in which, if they lose their
money, they lose it to others than those who
''sitat the receipt Of custom. y = I'D :
la4 Nqtwithstansdi THAT many individuals
have lost, and some heavily, in Petroleum
and, there is still q dispesition not discour.
aged but even growing, among the wealthy
in the large cities, to place their money in aid
Of real producing industries, and to assist,
while making money tor themselves, iii ere
ating wealth in the community. Silver-min-
ing is now favorite Investment, and deserv-
.ediy 20, as the experience Of centuries has
proved that good silver mines,sw while they are
among the most productive, are also the most
inexhaustipe sourees9of profit. 1t is said
that twenty million dollars from New FORK
aaye been invested this season In the purchase
of,silyer mines and the purchase and erection
5f mining machlhety, ihithe State IL Nevada
t.lope; Boston is following suit, purchasing
mines, &c, and her rich and enterprising men
| it Is said have their agents on the Pacific
coast looking up new s1odes,' or veins for them.
What is called the @Reese River District,
having its headquarters at the city of Austin,
Lander county, Nevada, is the favorite terrific
~ of silver1nineI buyers and workers. The
yeologists say Of this District thatitAiso the
siehestiin The word in perha,seht veins. In
Iced there seem to.be plenty of the veins
seven thousand having been already located.
They lie very near together, are narrow, but
are quite rich. The smaller cities are taking
Up the example Of New York and Boston.
md companies are being formed in various
places to work silver mines. Silver mining
'equires more working capital than the oil
ssusinssss fifty to enc hundred thousand dol
ars being requisite for the putting up of re-
luction works and the opening Of mine SUI
dciently to supply them with ore.sf TJCI
In newspapers Of the weekly and literary,
n politico-literary, order, we are having a
Ieason Of fresh impulse. Tbs Nasen, rad
cal political weekly Of the wide-colurnn kind
seexpensiEely got up, and sells some copies.
some Boston capital is in this. O ISssFEs
The Nei2 Nation, another weekly of expen-
i've habits and clear type, is revived with
Sen, Cluseret at the head--ua Frenchman who
lspires to regenerate the republic in the line
II politics and at the same time to teach it the
rudiments and higher mathematics of martial
|-aahirs I0AM DTIWz2
Inc Citizen is another paper, handsome
weekly star~dJto purify AtBel muddy pool Of
our city politics. This journal is now emily
1'sAsa py the sallies. of aAIiles OReilly, 2 who
vines pleasant and humorous. papers, Henry
es''pp 1r', is also in it. He is very smart, a
= spApsr genius in everything but snewspa-
~ su'cess-a result which no genius ever
'Oui9yes; 10 make a newspaper successful
equIres a hafd-headed, t,ioddfne v;oorker. who
1no . tne value OF sixpence, but cannot ten
5eplas from arloadEo of guanos5 syFvT=
| The best revival, however u tha+ 90 AZ,
Round Table, more especially Il AZ NJ
An able Demonstrations man, W. sweetser
IS at the head Of 1tais. he published ne
Round Table in 1854, portion of the wear
but finding the public taste on sanguinarTy ton.
les bent, suspended its publication till such
line as better literary weather should set in.
de INDUCED on the occasion Of its suspension
n one Of those eccenrricities which rarely oe-
slr in newspaper MISUNDERSTANDING to his
euSscribers who hed'paid in advapcst the non
y FOR the unexpired term of their subscrip-
Ions. The paper starts now afresh, handscm-
i II and stror, ao-l.t - 80 II IL 81 IL