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Show UTAH MINES IN LONDON. The London Mining World of March 1st, received last niht, has an unuu-ally unuu-ally largo amount of space devoted to mcetiDgH of shareholdera acd reports of the condition of Utah aiicicH. The Emma attracts the (aigest atic-miou, an there U an advanced copy of the directors)' direc-tors)' report, on which wo gavo thy opinions of a couple of leading London journals f(uito recently; the report ol a private meeting of Kruiua fclureh'jI.Jer.H, hold in Glagow, and an editorial. A feolinK prevalent among many bharc-holders bharc-holders was tcrtcly put hy one of those present at tho "private niectinp" who "thought it was time they had hoihc budiness men on tho board of directors, and that thoy should diperinc with a few of tho fancy nanicn." This tell.s that there is vet conlidence largely (lit by the shareholders in the mine, but a little more conlidence in the directorship director-ship is evidently needed. From the World editorial wo extract, as follows: Tho report of tho directory together with tho statement of accounts, cannot bo looked upon as very encouraging; hut wo aro not dinposcd to tako a den-pondent den-pondent view of tho prospects of the mine. On tho contrary, our examination examina-tion of thco documents induces great liope that tho trying ordeal through which tho company has passed rnuy eliminate much which was radically unsound, and which had Irom tho inception in-ception of tho enterprise, by some meaoH got mixed up with tho constitution constitu-tion of tho undertaking wo refer to that spcculativo element which has proved so disastrous in more ways than one to tho permanent prosperity of tho mine. Wo still havo no r shadow of doubt as to tho resources of the property. Hut can an English management, many thousands of miles away, make it pay an adequate dividend on tho one million mil-lion sterling of capital cmbaikcd V Tho diroctors, seemingly, aro as confident as ever, and it must bo confessed that thoy havo as yot dono nothing to for-Juit for-Juit tho oonlidenco of their constituents, but, on tho contrary, have dono muoh io entitle them to tho warmest thanks of their fellow shareholders. Thoy arc, ono and all, deeply interested (peoun-iarly (peoun-iarly speaking) in tho success of tho mine. Mr. Atwood, tho new majagor appointed, will, wo trust, be tho servant of tho board, not its dictator. dicta-tor. Uo has, wo believe, a lurgo and varied experience of American mines and has tho ability for tho post ho has undertaken, arduous though it may bo. Should ho bo successful his roward will bo moro thuu coinuicDsurato, for lie will achieve a ta.sk which will place him in tho foremost rank of mining engin-reri-; and that ho will bo successful wo have little doubt if bo burg to his task a hinglc-uiinded desire to do his utmost to develop) a permuueut dividend-paying dividend-paying mine, without regard to stockjobbing stock-jobbing opcrulions hero. This is a fair indication of tho gon-oral gon-oral feeling, and shows that tho oft repeated richness of the Emma is still held to bo reliable. The meeting of the Utah mining oompany (limited) was held on February Febru-ary 2isth, at which stops wero taken to raiss money and renew operations with inoroascd energy. Wo may quote ono brief paragraph, to fahow the cstimato in which our transatlantic cousins view tbo poople of this wide spread country, as thoy consider that wo aro all "Yankees:" A shareholder risked if tho board wero going to send out a few (Jornish-mou (Jornish-mou to iuon3go the property it would Im simply throwing their money away. They would bo liko mere children in the bands of tho Yankeee. (A laugb.) Tho Camp Floyd company also had a meeting, at which captain Shaw was present, and tbo condition of their property pro-perty at Lcwiton was freely discussed. The question, of a change of muuago-nicut muuago-nicut was also up, but that and other matters wero deferred; and another meeting was to be held, when professor Clayton's report would bo rcceiveJ. The Saturu company's meeting was also held on February ; and although al-though tho condition of their properly was expatiated upon and discussed, as the report of the auditors w:is not ready another meeting bad to bo called. While their operations are not on the eamo magnitudo as those of the Emma, there was an evident desire on tho part of tho shareholders to movo cautiously cau-tiously and on safe grounds ; which is a very Bcosiblo resolution. Tbo condition of tho various mining properties in Utah, which havo been stocked in tho Loudon market, if we except the Flagstaff and pcrphaps ono or two others, is such as to justify tho statemont no matter bow strongly put that thero oithcr must be a change in their management so as to give shareholders share-holders a lair percentage for investment, invest-ment, and more honest representations when mines are offered for sale, or tbo future owners of mining discoveries will havo to tike them to so mo other market, for evidently London will be closed against them. |