Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-01-02
A PROSPEROUS TERRITORY.
The Substantial blessings of SANITY
Utah.

The Substantial blessings of SANITY
Utah.
George c. Bates writes from Salt Lake
City to he Detroit Tribune:
The crops this year untouched by the
grasshoppers, are fOur-fOid larger than those
OF any previous season. Wheat, barley, rye;
potatoes, all the products of the earth are
more abundant apd cheaper he-e than else
Whare in the United States. Tons of -four
have been shipped by rail from here to
Omaha, over 1000 miles. Nearly 10000
emigrants have joined US within the last
year: Brigham Young, with his co-Cper@-
tive arrangements, has brought about
5000 hardy, industrious Europeans TO
add to the muster roll OF the
Mormons, and nearly or quite
1000 resolute and energetic settlers have
Joined the Gentle pioneers. Nor is this all.
The great mines and mills and smelling fuT
naces have more than doubled during the
year. have just learned that the shipments
of bars Of silver by this line from Pioche,
lust oger in Nevada, average over S500,OOO
per month, or $6,0l0,000 per year. From
statistics soon to be published it will appear
that the exports of ore, bullion and silver
from Utah this year will equ u at least SlO,.
100000, and that the amount passing in
trans over the u ah Central railroad in sil-
yer Was S16,000,0O0, the latter sum being
about $50 for every man, woman and child
in the Territory, a product and export ane-
qualed in the United States. This state
ment you may rely upon.
EsAgain, railroads have been extended du-
ring the last year over 100 miles in this
Territory, and the whole of it is done with
Mormon capital and labor. The Utah
Southern and Central, the very best paying
railroad ia the United States, has advanced
thirty miles, and will soon reach Provo, 100
miles south OF Ogden. The Northern Utah, D.,
narrow gauge, has gone north nearly sew
enty miles, and will soon reach Soda
Spring, 120 miles north of Ogden, and it
has more business than it can DO. Into the
American Fork and up the canyon, mar
row gauge railroad is now pushing, and by
March up the Cottonwood and Bingham
canyon roads will be in operation, SO that
the managers Of the Emma, Flagstaff and
Windsor mines can live at the Townsend
House here, and ride to their daily work i'll
two hours.
The diEidend-paying mines are dividing
fortunes every year. The Raymond and
Ely pays 81 per month on stock; thus San
Francisco thrives, and bears keep it at Sl13
per share. The Emma mine sells to DR..
Smith and brother, for refining at Chicago,
100000 per month of ore, and as sOoI as
they enlarge their works they will buy
100000 per month, thus making S2,400,-
COO from one mine alone per year. The
Emma, Falstaff, and several other mines
owned in England, divide Is per cent. per
annum on S10,000,O00 of stock each year.
The Windsor mines, owned in Detroit,
are showing more and more ore each day,
and their ore grows richer and richer as
they go down. So soon as they are ready
10 pay dividends, l have no doubt they
will pay So 90 per share per month without
fail. The silver mines Of Utah are the very
richest on earth. The ores are more cheap
ly extracted, the metal more easily taken
| out, the miners more cheapy fed than in
any other place in the United States; and
the estimated product Of silver fer the next
year is fixed at 1S,000,000 of money. You
Michigan readers, who have been here BY
hundreds the last summer, will verify these
statements.