Salt Lake Herald-Republican | 1910-05-15 | Page 17 | Finally Lets Go

u FINALLY LETS GO i Former Senator W A Clark of ot i Montana has finally disposed of his principal Butte mines mmes and the redu reduction tion works to the Amalgamated Cop Copper Copper Copper per company leaving the th big corpora corporation corporation tion flea in almost complete possession of the camp so 0 far as the production of th the red metal IB Is concerned It was Senator Clark who freighted copper ore are by wagon down to Corinne Utah and shipped It to Baltimore for smelting In order to demonstrate the value valus of the deposits on the hillside of Silver Bow creek Prior to that time the gulches had been washed bare of ot gold and the quartz mines in operation carried sil silver ver the Walker brothers of this city being among the principal owners and producers Marcus Marcis Daly was sent to th the Mon Montana Montana Montans tana tans camp by the Walkers as man manager tiger ager of their properties Being a practical miner and a shrewd Irish Irishman Irishman man withal Daly gathered together valuable copper properties for the late Senator Hearst of California J B Haggin and Lloyd Tevis and the Ana Anaconda Anaconda Anaconda conda Copper company was formed A short time before his death Daly helped form the Amalgamated ed com coin company company pany which with the Anaconda prop properties properties erUes as aBa a basis absorbed the Boston Montana Butte Butta Boston Parrot and other properties The Gagnon mine and an Colorado smelter the prin principal principal principal cipal owner being the late Senator Hill HUl of Colorado was also taken over Senator Clark was a large stock stockholder stockholder stockholder holder In the Gagnon mine and the Colorado smelter but had not control so EO he let go of his holdings Up to the present time we believe that is the th extent of the Amalgamate pur purchases purchases purchases chases from front Mr Clark When the Amalgamated was first contemplated it was stated that hat Sen Senator Senator en ator Clark was offered In stock for tor the United Verde mine In Arizona and the presidency of the new company if It he come in addi additional additional additional stock to be given for the Butte properties This offer Mr Clark is said to 10 have refused because he pre preferred preferred preferred absolute control as an individual IndIvidual Individual ual producer Now after the lapse of years ears the Butte properties pr have passed into the hands hanels of ot the Amalgamated and Sen Senator Senator Senator ator Cl retires r the field in Montana as a copper cop er producer He still owns the United Verde at Jerome Ariz Aria and will continue to operate It Before sailing for Europe Senator Clark expressed satisfaction with the present outlook for copper declaring that there are not more than four months supply on hand in the world just now and that the situation will work Itself out satisfactorily In due time Having Ha ng accurate knowledge of I the situation I his opinion Is entitled to great weight as to the future of the market