The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1895-03-14
THREE WESTERN MEN
w. A. Clark to Reside in
New York City.
CHAS. K. YERKBS AND D. Il, MOFFAT
The Three Western NIiiliOnaires R,y
some Residences in Gothnn-A
Brief Sketch Of Their Past His
tory in the West.

Three large western cities-Chicago,
Denver and Helena-have recently lost
three citizens to New York, citizens
whose combined fortunes are estimated
to be quite 500, 900, 00O The three
men who have already bought property
in this city are Charles T. Yerkes, the
Chicago cable king; w. A. Clarke, the
silver mine Cresus of Montana, and D.
II. Motfat, the owner Of the famous
Creede mine Of Colorado
These three money monarohs may be
expected to do something startling in
the building way. Mr.. Yerkes has al
ready set the pace for the other rich cit
liens coming here from the west He
has practically completed his 500, 600
palace on Fifth avenue, at the south
east corner of Sixty eighth street. 1t
has frontal of 81 feet on Fifth ave-
nue. and 1876 feet on Sixty eighth street
In the rear there is an addition 100 feet
long and 25 feet wide, in which will be
hung Mr.. Yerkes' famous collection of
old masters, valued at over So, 900, 900.
1t is said that this will be the richest
gallery in this country. The mansion
will be five stories high, of pure classical
design and built of very dark American
brownstone. The carving on the exterior
will cost a good sized fortune. The stoop
to the 4erkes mansion will be one solid
block OF brownstone that will cost $780,
900.
Another one of the new citizens Of
New York, Mr.. David II. Moffat, whose
fortune is variously estimated from $40.
900, 900 to $50, 900, 900, has had va
ried career
When boy, he was messenger in
the New York Exchange bank, and he
now owns several banks in Colorado,
mines, stocks and gold galore. He prao-
tlcally owns all Of tie Creede mine He
took hold of the property which Creede
discovered and built railroad to it.
He developed the mines SO thoroughly
that Creede is one Of the largest ship
ping points in the United States.
He left New York for Iowa a score or
more years ago to take a place as teller
IN a bank in Des Moines. While there
he attracted the attention of capitalist
who wanted to start bank in Omaha.
MT. Moffat was made the cashier of
that bank. He was in Omaha when the
Fixes peak excitement began, and at
that time he went to Colorado. He
speculated in groceries and other staples
which were needed for shipment to the
mines, and he soon owned bank.
w. A. Clarke, the third money king
from the west who will settle down in
New York to enjoy his millions, has
purchased from School Commissioner
the northeast corner Of
Fifth avenue and Seventy seventh
street, nine blocks away from Mr.
Yerkes, for 1926, O00 The lot has a so
:oot front on Fifth avenue and runs
pack 150 feet on Seventh seventh street.
The Fifth avenue frontage of MIR.
Jlarke's lot is II feet less than Mr..
ferkes', but it is 25 feet longer on the
ide street.
Mr. Guggenheimer bought it about a
ear ago for $3.50, 900, SO he has made
'45, 600 by the transaction. It is Mr.,
jlarke's intention to build mansion
hat will surpass any in New York.
lis fortune is estimated at $50, 900, 900.
le owns three gold mines in the neigh.
orhood Of Butte City, Mon, and a
ouple OF paying silver mines and is
resident of several railroads. He is
resident Of bank in Denver and one
! Butte City. {
Despite his riches he has been twice
revented from being United States
'nator. Mr.. Clarke arrived in Mon t
ma 30 years ago at the head of mule {
ain with pick over his shoulder. t
Q opened general store at Butte City t
ID then bought mining claims, which {
and his wife worked with their own
'nds He is SO proud of the hard work
did in those days that the checks of
g banks Of which he is president bear b
ctures of himself in his rough miners Il
ess New York World. v