OCR Text |
Show UI.iI. Slocks in London. The following quotations of Utah slocks in llie London market are taken from tlni Mimixj World of May lUh: CUicngo, J, l; Emma, J, J: Flugatafr. i, i; Tecoma, , . The LaBt Chance is quoted all. 1J and we dip this from Ihe World in connection con-nection therewith: The directors have received a cable Brum from tho chairman at the mines to tho following etlect viz : ' Struck rich ore; machinery arrived and in course of erection." Mr. Adley, writing from the mine under date 20lh April, received on the 7th instant advisaa that the whole ot the machinery, including engines, boiler pumps, aud all necessary gear for pumping and winding had been bought and forwarded to the mine from Now York, aa confirmed by cablegram already published. A practical miner bad been engaged to act under the instructions of Mr. Adley. An arraupement had been made with Mr. Davia that all receipts on ore sales, etc., were to be paid to the credit of the company's account, and that on all divisiona ol profits the company was always to bold a auQi cier.t sum in rpserveto meet working expenses before making such division, tie concludes hia letter tbua: "I am happy to Bay that our affairs here look exceedingly well, aud that our position posi-tion is highly satisfactory." |