Mohave County miner., 1907-07-20
w. A. Clark Must Give Account.

w. A. Clark Must Give Account.
 Former United States Senator w. A. Clark of Montana, will have to give an accounting for all deals pertaining to the great copper mines of the United Verde, involving the sum of 3OO,0OO,OOO$. This decision has been handed down by Judge Amend of the Supreme Court of New York, and was awarded to Prof. Treadwel of the great Treadwell mines of Alaska, and is the result of a long drawn-out liti- gation that has been dragged through all of the higher courts for many years.
 The investigation which the court orders will show that Senator Clark now derives an income of 2o,O00, ,000$ a year from United Verde, much of which should have been turned over to Treadwell. Judge Amend in his ruling says that the sale of the prop erty of the United Verde Copper Co. to reorganization committee for 12,- 500,0O0$, although the property is val. ued at 90,000,O00$, was illegal, and that the property shall revert to the original stockholders. Judge Amend furthermore holds that ex-Senator Clark shall permit Treadwell to make thorough investigation of all the United Verde property, from which he alleged he has been hitherto barred by Clark, and shall be permitted to go through the books of the corporation as well as make an examination of the mines.
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 To Arizonians. who keep in touch with what the big mines of this ter ritory are doing, the statement in New York by Charles w. Desmond, attorney for Geo. A. Treadwell, that for the past eight years ex-Senator w. A. Clark has taken 5000, ,0O0$ annually from the United Verde mine at Jer- ome, or total of 300,000, ,000$ seems greatly exaggerated.
 M. J. Foley, general manager of the Arizona Iron Works, who was for sev- eral years foreman of the machine shops. at the United Verde, stated this morning that in his opinion Attorney Desmond has multiplied the figures about ten times while making his es- timate of the immense profits that i have been Senator Clark's share of the United Verde profits.
 "For the past eight years," said Foley this morning, "the average pro- duction of copper at the United Verde has not exceeded 36,OOO,0OO pounds of copper each year. Copper has aver aged about l5 cents during that time, and faint estimate of the profits per ,pourd, taking into consideration the ,,gold and silver that the United Verde ;ores carry, would be 10 cents.
 1, "Th'S would make the annual pro- : fits of the United Verde 5000, COOS per year, of which Senator Clark would | probably receive 2,5O0,00O$ for his share. Foley states further that un- ueF DO StFetCn OI the lUdS lnatlOQ could the entire receipts of the United Verde be estimated as high as p, ,OOO,- O0O$ year. They have never in the history of the mine handled enough ore to reach that figure" !. Attorney Desmond also states in his New York interview that the United Verde derives profit of 1000, ,OOO$ per ton in gold from its copper ores, and gets 60 ounces of silver. While the United Verde has perhaps been the most secretive mine in the west re- garding its affairs, employees of the company state that the gold and silver ivalues have never run higher than about enough to make the copper clear profit. Even that would be sev- eral million dollars short of enough to justify the figures of Attorney Des- mond.-Phenix Democrat.
 l. New Streak of White Metal.