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Show UTAH SILVER 1M.U C03IIAN Y- I The Utah S. M. Co., (limited) property pro-perty in Binghzm, is thus reported in the London Mining Journal of March tho first: Utah, 1 J to 2; tho rccctiog yesterday confirmed the scheme lor recouHtitutiDg the oompacy with a capital ol i!75,UUU. The plan has met with approval from most ol' the members, while man7 of them have already taken up their sharea in tho new company. Now that the resolutions arc confirmed, it may be eipeotcd that lhe remainder of the shareholders will at once oomo forward and strengthen the hands of the executive ex-ecutive by taking up their shares, thua putting tho new company on a substantial sub-stantial footing at once. Tbo reports from the mine still speak of more oro being laid open as operations aro continued, con-tinued, although they arc necessarily of a restricted nature. |