Mill Pnonrtt — James II. Vail,Esq., j a lililo over a your ago, purchased the r Mill Properly above the town, formerly I owned by Guthrie and Phillips, and has made moat valuable improvements there-on. Ho baa improved the Saw Mill, i built an excellent Grist Mill, and deep* ened tho race leading to tho Mills, nnd elected a large dam at gresi expense, and made what was before scarcely val'iatle, a fine and flourishing property. We sr* happy to say that Mr. V.'s enterprise promises good returns, and will prove of great benefit to our town, which has long wanted just euch mills os he b«l completed.