Rocky Ford enterprise., 1898-12-08
MADE MILLIONS IN MINES.
Butte, Montana. Leads In Wealth Of Her
OPERATOR.


fnvorite topic for the eastern press
for many years, and the lavlshncss Of
the so-called bonanza kings has
formed the text for many II disscrta-
tion upon the evils of sudden wealth,
says, the Denver Republican.
There Is no lnck of rich men among
the mining camps of the west. and for
many years 1t has been II question
who IL entitled to head the list. In the
days of the Comstock supremacy the
mining millionnlres were ccntercd
about Virginia City and san Fran
cisco. and there was no doubt of the
standing of the Comstock magnntes.
John W. Mnckey alone of the cele-
brnted trio still survives and while
he has lost nothing since mining be-
came secondary with him, his accre-
tiOns of late years have been derived
from other sources of income. and Of
the great miners of the day there are
several who tower far above him in
point OF possessions derived from
mines alone. Mackcy Is still n great
miner, and owns properties In Colorn-
do, Nevada, California. Oregon and
Montana. but his other interests are
so much larger that his mines cut but
little figure in his annual balance
sheet.
Colorado has its share OF million
aires. and several men who are very
likely TO be able to draw checks for
seven figures within n reasonable
time. but none of our local miners
probably exceed S5,OOO,OOO in the nc
tual value OF property and assets.
which compared to the wealth of
some of the prominent mining men of
the west is u comparatively small
sum. so that none of our big miners
have as yet attained the royal rank
The big miners Of to-day are mostly
about Buttc. Montana. which has at
tnincd n rank nS Il producer second to
no camp in the country. Marcus DAILY
and j. Is. Hnggin. who together con-
troll the great Anaconda copper mine.
and w. \. Clark Of Butte stand so far
above all others that comparisons ARE
odious. Closely following them. how
ever. is Captain DE la Mar. Besides
his holdings In Anaconda J. Il. Hag-
gin owns mines In several OF the min
ing states. all of which are productive
and make II very substantial addition
to his wealth each year. Marcus Daily
has not spread out quite so much ns
his associates. though he also has
numerous outside holdings. and Is
continually picking up mining snaps.
But his Anaconda stock. which has Il
market price of nearly S10.O00.OO0. his
railroads. his smclters and various
minor enterprises all combine to make
him one of the busiest men in Amer
ica.
Mr.. Clark has not only his copper
mines. mills and smelters at Butte
but owns the Mayilower gold mine In
Montana. several other properties In
different parts of the west. the Great
United Verde copper mine ut Jerome.
Arizona. and one of the largest ranch
es In southern California. All of these
are productive. but it is the Jerome
copper mine upon which lie pins his
faith. and when he was last In Den.
yer he expressed the intention of maxi
ing II the grenteSt copper mine in the
world. He has already refused an of
fer of SiO.OOO.ONb. and il Is worth
much more than that now. according
to the dividends paid. There are no
greater mines owned by single indi-
vidunl In the world. Mr.. Clark does
not care for partners and prefers to
manage, as he has erected his own
enterprises.
Captain De La Mar has. up to the
present time. confined his operations
In the main to the Nevada property
and the Golden Gate mine and mill
properties should satisfy ordinary am
bition. but their owner has recently
acquired large holdings In the Buffalo
Hump district of Idaho. which he will
develop in the same systematic man
ner that has proved so successful with
his other enterprises.
Marcus DAILY. at the market price of
his property. all of which is prodrc-
tive. Is worth not less than $50. 600. 900.
besides what he has tucked away in
government bonds and other gilt
edged securities. He not long ago re.
fused to sell his Anaconda stock on
the basis of S3O.0O0.O 900 cash. for the
stock is now selling on the London
market at 10 per cent. and more above
par. His wealth Is all securely invest
ed and If he were to attempt to real
ize at once 1t is doubtful If he could
clean up more than S1O.OOO.OOO. But
there Is no immediate necessity for his
realizing. and at the rate which his
wealth is accommodating he will soon
be on the parlor floor of Easy street.
Captain De La Mar recently declined
to take less than S4.50O.OOO for his
Nevada mine: has the largest cyanide
mill in the world mt Mcrcur. Utah. and
enjoys life at Paris. while his money
comes in mt the rate of from S1.JOO. 900
to S2oO.OOO per year. He Is regarded
as worth S15.OO0.OOO.
W. y. Clark and J. B. IIaggin divide
the honors of leading the growing pro-
cession of wealthy miners. No one
knows what Mr.. Elnggin Is worth, for
in business matters his right and left
hands are not OH intimate terms. He
puts AWAY his money in solid sectlri-
ties. about which no one knows any
thing about but himself and his broth
ers. The value and production of his
| mining property are tOlerably well
known. however. and those who place
his wealth ut S7O.OOOOOO to $50, ,OOO.-
OG0 are not far wrong. Mr.. Clark, on
the other hand. conceals nothing re-