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Show Utah. Mines in London. i The .V;i!i;;; fy-Wof Xovcmher 1, quutes : Chicago, 7:; ; Emma, 81 ; "Flag-stall". "Flag-stall". 3i ; Last Chance, 2 ; Saturn, 2 ; Tecoma, 1 ; Utah, 11. The money article speaks as follows fol-lows : In foreign mines there has been less business doing, and stock has been more plentiful. The rates at the settlement were very easy, and it was a good time .for the " bears.'1 Emma, 31-, 3' ; private letters state that the ore is improving in grade, some yielding ns high as 4S0 o. oi silver per ton. The mine is being effectively timbered, and otherwise placed in a sound working condition. The output averages about 35 tons per day. Utah, i, It ; a call of lUs. was made at the meeting held to-day. Mr. Batcman, the vendor, was present, pres-ent, and his remarks, which arc re-1 re-1 ported fully in another column, will be found well worth perusing. I Flagstaff, 3, 8J. A correspondent writes: "The mine, wc under itand, ! is now completely out of debt, both j here and in Utah, and Mr. Maxwell j has made the ofler, which has been occepled, to remain at the mine during dur-ing the coming winter, as he believe; iliai the woiks can be better carried on for its perfect opening up and development de-velopment under his own personal superintendence than under that of a new manager. It has also been determined de-termined to suspend tho hauling of ore during the winter from the mine to the smelting works (which arc ten miles oil, at the opening of Ihe Little Cottonwood canon into the Great Salt Lake Valley, as the expense of doing so last winter, when ihe liiunu-taiuroad liiunu-taiuroad wa generally mowed up, w;is such as lo leave but a minimum , profit on the yield obtained. This "will probably delay the resumption of dividends until July next." Last Chance, ly, -. The deep tunnel under the present working will tiikc some mouths u complete, but it is calculated ttiat sufficient returns re-turns may he made to meet the additional ad-ditional cost thus incurred. Tecuiua, TJ, lj; adwees have been receivCd from tho new manager that the reserves are of sufficient -value to cover all expenditure for a full development devel-opment of the company's properties. The general prospects are reported as favorable. Richmond, (j, G; the ei'o'.e- gives the following for ihe past week iun: " Three juruacce, jv',C'l0; favorable eha-reoal contract for eighteen months concluded; mine developing magnificently. magnifi-cently. Probert." The signature attached at-tached will inspire additional confidence, confi-dence, and ghe increased significence to the concluding sentence. We un-deivtand un-deivtand that the addition made to previous res'TVis d,:: mg the past few vei'ks in beyond all former progress. 'Once put the permanency of the mine beyond all re.isonabic dr.uU, it will Like the highest rank in this dwerip-lion dwerip-lion of property. We under-; md that up to the end of September it has yielded akuit X-VM.i in ba-e bullion. bul-lion. The net profit on tins will probably pro-bably be about iu. . As the tw dividends paid have only absorbed about t':,!""' there mn-t be a large reserve of profit in bullion in stock. We learn that the accounts for the past financial year are completed and will shortly be in the hands of the shareholders. |