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Show UTAH. From the table before me I find the aotual shipments from the Territory, te be as follows: Silver ore, almost 11,000 tons; unrefined bullion, 5,053 tons; (silver bars, $600,000. This does not, of courso, take any account of the ore produced but not shipped, nor bullion bul-lion at the furnaces which, at the timo of making up this report, muse have been very considerable, as 1 know of one pile of ovor 500 tons that could not have entered into this computation. computa-tion. However let us suppose it has, and we find the silver product of the Territory for tho year. of 1872 to be equal to one half the entire accumula tions of tho Territory for the previous twenty-Jbur years of its settlement as per U. S. oensus of 1870. In addition to tbo mairnifJoent and hi eh I v gratify ing exhibit of profitable returns, we have the no less remarkablo increase of profitable and permanent improve meuts the direct result of the necessities neces-sities of the mining population and iargcly depending upon, it for their future fu-ture profit There are at present oom-pleted oom-pleted in the Territory, accordiog to the latest authority lean find, twenty-two twenty-two works smelling lor silver ores, i with forty five furnaces having a daily j oapacity of 794 tons. The majority of (huso works are situated in Salt Lake county and the next adjoining ones west and south. The refinery on the Big Cottonwood has a oapacity tor forty-five tons daily, and is regarded as ono ot the most successful works for separating in tho world. .1 here aro also seven stamp mills with a capacity of 107 tons daily; two pulverizers, one at Fairfield Fair-field and ono of Paul's patent at Springvtllc, each ol a capacity of about 10 tons per 124 hours. The entiro cost of the works for the reduction of ores must amount to nearly $3,000, 0O0. Those works, or the majority of them, have found steady and remunerative employment from tho start, and will doubtless be largely increased during the coming season. From all sources of intbrmaiion I find that tho cash investments in-vestments in miues in this Territory-will Territory-will not exoeed $10,500,000 Now it we tako one-fourth of the amount of silver shipped from the Territory as net profit, which is nearly 25 per cent, less than the ratio of Nevada, wo find that tho mines of Utah have returned , a dividend equal to 10 per cent, on the ; entire amount invested in her mines ! in some cases wo know the ratio is I much greater and in others much less, 1 but this will servo for an average ol : returns on investments in Utah mines, : : Another consideration is, that with i tew exceptions the permanent works about the miues havo been paid for from the product of the mines themselves, them-selves, notably so in the Cottonwood ind Amcncau Fork districts. This would bo accounted for among the prohuj of aoy oiher business and of oouro of mines also. I believe that no other productive industry in Utah can bhow as clean a baianco sheet as "he mines, and certainly none any bel-rr bel-rr prospects for tho t'tuuro. Mining Journal. |