Bisbee daily review., 1909-05-27
JOHN D. RrAh 10
 SUCCEED ROGERS
Marvellous Rise From 0bscur- ity Man Who Takes Place
 of RockefeIIer's Aid
WILL HEAD ANAL lGAMATED
 COPPER COMPANY ALSO

John D. Ryan, who appears to be slated as the successor of Henry II. Rogers as the head of the Amalgam- ated Copper company and the Stand ard Oil copper interests, has had a re- ] markable and sensational rise in the financial world" said Charles Copen- ! hame of Butte. a mining writer and Montana copper authority, at the Westminster yesterday.
 Not more than ten or twelve years l ago Mir. Ryan visited Butte as an oil
 salesman. selling the product of q Standard Oil company rival. In that capacity he met the late Marcus Daly. l who made him cashier of the Daily bank at Butte. He occupied that posi-
 ton until the death of MT. Daly, and
 the retirement of MT. Scallon. the then 1 managing director of the Amalgamated
 company for Montana.
 MT. Ryan was chosen to fill the va.
 cancy and immediately proceeded to l make good. He is a man that says | little. though an extremely sociablc | man. but he does things. At the time
 of his appointment as managing direc- tor there was pending in the courts of Montana the famous mining litigation between the Amalgamated and F. Augustus Heinze's United Copper com pany, which scandallZed the whole
 country. corrupted the courts and dis graced many men. costing the litigants | many millions of dollars.
 | The first thing that MT. Ryan did 1 was to convince his associates of the l folly of continuing the fight He rec ognized that Heinze had some rights and made overtures for settlement. or accepted overtures made by Heinze. New Company Organized. The result was the organization of the Butte Coalition Mining company | which purchased all the Heinze inter | ests for a big sum, said to have been | 10,000.o00. An adjustment with the | Amalgamated was then simple. The settlement of that ugly litiga- l ton lifted a depressing cloud from in I dustrial, social and political Montana. and in all it's history no one act will prove a greater benefit to the state People then turned their attention | to other things. and today the re | sources of the state are attractions to | the people of the whole world. and peace prevails where for twelve years 1 bitter. bloody and shameful strife only | was known.
 The settlement of internal strife | has been followed by more extensive | mining. agricultural development and
 railroad building. including the exten-
 sion of the Rockefellers' St. Paul road
 through the state and to the coast | Tn addition to holding the import ant position at the head of the Stand.
 ard Oil copper interests, MT. Ryan Is l interested with Thomas F. Cole of 'Du-
 luth in many vast mining and smelt- ing interests. and is president and principal organizer of the new Inter national Smelling and Refining com pany, the rival of the Guggenheims' American Smelling and Refining com. pany. lie is one of the principal ' stockholders and an officer in the
 Greene-Cananea Copper company of Mexico. the famous North Butte Cop. per Mining company, the Butte Coali- l ton Mining company, the Giroux Con- solidated Mining company of Nevada, l, and is the moving spirit in half dog
 en other big mining, water and cleo tric power concerns. These are the . Accomplishments of MT. Ryan within a period of about five years, and evi-
 dently he has been started on his ca ] feef.
 Is Young Man.
 He is young man of exceptional y pleasing personality, has a charm
 Ing and modest wife. small family and still maintains his residence in Butte where everybody-miners,l labor
 esr and business men-like him. ! MT. Ryan and his associates have
 been extending their operations into i, Utah and Nevada. and any state or
 community may count itself fortunate
 to share his energy and ability.
 The companies represented by Mir Ryan produce at present between 35,-
 coo. 900 and >40,000.000 pounds of cop per month. and of that the Amal- gamated Copper company produces 1 about 25.000,000
 "As is well known there has for some time been a considerable over production of copper, and consump- ton has not been able to take care
 of the supply, the result being an ac-
 cumulatisg surplus.
 [ The organization of the Copper | Producers association. although claim I ing to be only for purposes of sup ! plying statistical information. has had the effect of regulating. to some ex- tent. the copper situation. Notwith- l standing denials, the fact is that pro
 duction has been curtailed~ and fifteen per cent, all the leading producers of
 America sharing in the curtailment. At the present rate of production and consumption it will be but a short
 while until the surplus is taken up and there will be another rapid advance in
 the price of the copper metal until it
 reaches a point-say at eighteen or twenty cents-where producers can make fair profit
 While there are constant denials that a combination of the worlds big
 copper producers is impending. yet
 it is evident that negotiations to that
 end are closing. and it is a safe pre-
 diction that copper will never again
 sell as low as it did during the past
 year nor so high as 1t did before the
 1907 panic. Prices will be regulated
 to the satisfaction of producers and
 consumers alike. and the constant
 anxiety produced by uncertainty of | q A~