Show CLARK HAS HASSOLD SOLD BUTTE MINES TO TU AMALGAMATED NEW YORK May 14 Former Former Senator William A. A Clark of Montana departing today for Europe confirmed iha ta report that ho had sold certain of bi ns copper properties in Iho tho Butte dia to the Am Copper com coin paul pany Mr rk said the sole sale did not mean fh that tt he intended retiring I received na no stock for formy formy my Butto mines said Mid Senator Clark tho transactions being strictly for cash The Tho deal has nothing to do nith the ho impending bi bh copper merger mer mer- ger and I am interested an in the tho merzer mor- mor Ceran zer n any way Tho copper situation work will it itself self out in 13 time Tho consumption is is good and the supply is is not more th than lour months ahead Tho Boston eau Bureau says says' ss 1 i NEW NE May 11 The The transaction whereby the tho Amalgamated Copper company corn com pony pany comes Into possession of the tha copper mines and reduction works lt In the Butto district owned bv by W. W A A. Clark was practically closed Fri Friday ay and Senator Clark sails for Europe today The details of tho tio transaction will h bo an announced an- an flounced In the tho near future although It is stated that the Amalgamated secured the properties upon reasonable terms This sale by Senator Clark to the Amal Amalgamated covers eru all his his' copper mines In Butto Butta and the tho Butte Butto reduction works where the Clark claric ores ha hav e been treated Senator Clark retains his zinc mines In Inthe Inthe the northern part of the Butte territory The Clark properties consist principal prIncipallY of Original and Stewart claim The They comprise thirty or claims and frac fractions of claims and have produced at the tho rate of about pounds pound of copper a Their present production la is ap pi pounds a 8 year scan With the Clark mines the Amalgamated group of properties will have hae an aggregate aggregate gate production of f about of popper j yer r year and will cOntrol cOn con control all the tho principal mines In Sri the Iho Butte Butto camp xv with the thO North Butte Butte- As Is generally known there has b on a controversy as to ore bodies between Iho tho Amalgamated and Clark Interests for or several years The Tho deal will dispose of this dispute The Clark Clark- mines are not as deep as those of the Amalgamated and wi with th the latter's superior facilities can facilities can be operated morn more economically economically- than hereto heretofore fore The Tho Original Consolidated Mining company which Is Included In the transfer trans fer TV was as organized February 20 1009 under un tin- der derth the laws of Washington with a capi capitalization c-api- c of ot shares shams par par vatu value as the successor to the Original Mining company The lands Include the tho Original West Stewart East Stewart Dives Homes Woolman and other adJoining ad- ad Joining properties Th Th Original and West Stewart are arc the original producers For Forthe Forthe the year ended Tune 1 1 1907 the ore ex extraction extraction ex- ex traction was waa tons yielding per ton ten gross with cost of extraction 1 to 0 per ton ten Net earnings wore |