The DeLamar nugget. [volume] (DeLamar, Idaho) 1891-1900, 1899-12-22
INCOME OF TEN MILLIONS.
That's the Amount it Is Said W, A.
Clark Takes In When He has
Good Year.

There was ct the Knutsford yester
day gentleman who knows much
about the business affairs of Montana's
newly elected senator, w. A. Clark,
man who is very secretive about his
business, says the Salt Lake Herald.
The wealth of Senator Clark is in
reality one of the mysteries of the west.
His hand is felt in Arizona, New Next
co, Utah, California, Idaho and Mon
tana, thus spreading almost over the
entire west. Still there are persons
who declare he is worth S6O00,OO0; there
are others who declare that he is worth
S60,0O0,O00, and in between those
amounts there are many guesses.
"He is worth between S50,0O0OO0 and
S60,000000," said gentleman who has
quite an intimate acquaintance with
the new senator's affairs. "He is the
colossus of the west. He is worth more
than any other three men in the west.
His income is s1o,oOo,Ooo year, and if
he lives many more years he will be the
richest individual in the country.
"He owns ten great properties. First,
the United Verde mines in Arizona,
second, the railway leading from them;
third, immense coal lands in New
Mexico; fourth, a sugar factory and
thousands of acres in the orange belt
near Los Alpatas, in Southern Cali
fornia; fifth, the w. A. Clark & Bro.
bank at Butte, the largest in Montana;
sixth, the Butte Reduction works;
seventh. Colorado & Montana Mining
q Smelling Co. at Butte; eighth, the
Gagnon group of mines at Butte; ninth,
many rich mineral claims in the Ceur
d'Alene country; tenth, Butte street
Railway.
SIN addition he has numerous other
and smaller interest, so many that 1
q avI U huVw nan UnvrI anu van-u re-
mem Der the others. There is, for in.
stance, the Gold Hill mine at Ophir. for
which he paid $4,000, There is the
Soda Springs of Idaho, from WIFI
Idanha mineral water cor
which he owns a CONTROLLING
the Papst Brewing company Of Alilwau-
kee holding the remainder. There is
the coal mine at Bridger, Mont, from
which fifteen miles of railway are built.
But that is not half the list of what
might be termed his smaller properties.
snow as to his income. The Verde
mines of Arizona paid $4,000 profit
per month before the rise in copper. |
fair estimate now is $4,000 per
month, 100000 per year. The sugar
factory at Los Almatas is a big divi-
deud payer, The profits of the re
duction works at Butte, of the bank
and the street railway are immense. 1
would say-and l have the opinion of
men who know much about his affairs
that his income is at least 100000
per year, and that with properties of
enormous value yet undeveloped,
Il undertake to say that within few
years, if he lives he will be richer than
John ID. Rockefeller, than John Jacob
Astor, than Russell Sage, or any one
else In the country. To his present in
come will be added millions from the
properties yet undeveloped He is
identified with more varied interests
than probably any other man in the -
that is he is in more different
kinds of business. From orange groves
10 coal mines he is successful. and from
sugar factory to copper mines, rail
ways, bank and real estate, he has
made money. With all this wealth he,
10 far as l know, never bought bushel
II wheat nor railroad company share
IN speculation. He is not a gambler,
nut worker.
Some three years ago he had money
n deposit in two New York banks
hitch paid , per cent interest on
alances. He had so much in these
anks tkat they notified him that they
ould not pay the interest. They did
OF want to risk the investment of so
iuch money. 1t is really remarkable
lat he has come into such enormous O.
ealth and still remains SO little known.
e is not looked upon as so important
man as Russell Sage, and yet he is as rs
ealthy. He has more money than ].
erpont Morgan, and yet Morgan has
page in newspapers where Clark has
paragraph. The reason is evident. -
e is quiet and transformations. He
esn't buy mines nor work them with -.
BRASS band accompaniment He sell Of j
m talks to newspaper men, and then lem .9
doesn't tell what he is doing.
But the senate will bring him out; 81