The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-06-08
SENATOR CLARK
SAYS CONDITIONS
ARE IMPROVING.
Finds Business on Up Grade
EveryWhere-TraffiC Pros
poets Are Good.
HIGHER COPPER PRICES
ARE BOUND TO COME
NEVADA MINES MAKE A GOOD
sHoWiNe-SALT LAKES
PROSPERITY.


Senator W. A. Clark of Montana arrived
in the city yesterday morning in his pri-
vate car en- route from Los Angeles TO
Butte. Accompanying him are Mrs.
Clark, Charles W Clark, his son: J. H.
Anderson, his private secretary, and Mrs.
Anderson. Although he has been de-
tanned in Los Angeles for some time by ill
ness following serious operation. the
senator is looking well. and said he was
beginning 10 get back to his normal
strength. He expects to be here day or
two looking after his railroad and per
sOnal interests.
During his long trip of inspection. which
mas included his properties in New Mex
leo. Arizona and California the senator
mas spent his time studying the business
situation IN the territory OF the Salt Lake
road, and expresses himself highly pleased
with the conditions he found.
General business conditions all over
the country are improving" he said in an
interview. crop prospects are excellent
confidence has displaced timiditv. mone,r
Is plentiful and the political situation is
clearing and will be still better when the
candidates are named and the platforms
known There has been too much hastv
and hostile legislation against CORPORA
tons by some of the states which has af-
fected conditions unfavOrably. but gener-
ally speaking the financial outlook is
bright.
The passenger business of the Salt
Lake route IS better than il has ever
been at this season of the year Freight
traffic IS good. and every indication points
to an Improvement i'm that Merchants
everywhere have let their stocks run down
until they could know better what their
requirements would be; now they see that
II Is safe TO go ahead, and the result will
be a heavy movement Of freight west
: 4 an nj IF
dltions in manufacturing centers. Quite
recently the Illinois Central placed 4
single order for 5000 tons of heavy steel
rails for extensions of its system I'm the
south. and this order of itself is evidence
of the opinion held by competent judges
as to the business outlook"
Bryan and Taft.
Commenting on the political situation
and the passage of the currency bill. Sen
atOr Clark said he had thought until re-
Gently that Roosevelt would he renom-
mated but he was convinced now that
Taft will be the Republican candidate,
and that Bryan will be the Democratic
nominee. I'm his opinion. the certainty
that there viii be a change Of admins
tration IS one factor making for better
financial conditions
THE currency bill" he said. 'is in the
nature Of a makeshifu but il will be eX-
tremely useful i'm case Of another furry
or even the fear of trouble. However.
last falls experience for many years To
come The country has learned where it
Numbered. and will not make the same
mistakes again. The fact that the cur
reney can be expanded by S5ag9o0o in
an emergency is enough in itself to in
sure stable conditions even under severe
stress.
High Price for Copper.
In response to a query as to the condi-
tons in the copper market. Senator
Clark said he had Just received authOri-
tatiVe adVices from a New York man
prominent in copper marketing circles
who has just returned from a trip abroad
According 10 this man. said the sem
ator. there is no surplus copper held i'm
Europe, and we know there is no sur
plus here except that the product Of the
company since il resumed
work has not yet reached the market
There can be no question but that copper
is selling too cheap. l have been told
be making copper at about 5 cents. but
the average OF the big producers is much
higher than that. With the improvement
in general conditions. / expect to see the
price advance as industries resume
While he was on the subject OF mining,
the senate said he had found conditions
at Goldfield greatly improved since he
was there early last winter.
Mining has got down 10 a substantial
basis now" he said. ''rhe GOldfield Con-
company is putting up a big mill
after extended laboratory tests, and Will
its ores. BY anna gamatiOn.
and treatment of the tail
ings with cyanide they expect to make
saving of 90 per cent Of the values: the
Oretically the saving would be "a per cent.
but 1 should call 30 per cent In practice a
very high percentage and / am much IN
terested in seeing how the theory will
work out in actual operation. However.
while the establishment of mills may az
feet the tonnage 10 shelters, II il is sue
cessful. il will make the camps prosper
Ops so the railroad will be benefited.
There is no question about the perma-
nency of the gold fields Of Nevada, and
now that the first boom period has
passed. the mining industry viii be better
In every way. At RhyOlte and Beatty.
conditions are very satisfactory. In
spite OF the talk about the Montgomery
ShoshOne and the peculiar drop in its
stock. the mine shipped s5090 in gold last
month and had concentrates valued at
s30.000 That is a pretty good output for
any mine. Mr.. Montgomery, one Of the
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