The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1914-09-10

1909 100000
1911 ................. 2,25O,Oo0
1912 100000
1918 ACKNOWLEDGEMENTS. 100000
"The dividends were begun in 1892
on a basis of Is cents per share
monthly. They have continued since
and there are in sight ore reserves Of
such character that the mine will con-
tinue its distribution Of dividends for
at least another generation.
Even more wonderful than the
story Of the mineral production Of the
United Verde Mining company, is the
fact that the policy of the manage
ment has been such that during the
past Is years there have been no
serious labor troubles and no cesso-
tion Of the company's monthly payroll.
Jerome and the farmers Of the Verde
valley have profited largely by this. A
few minor difIiculties have arisen, but
in every instance they were speedily
settled on an amicable basis.
A New smsltsr.
"And now after extracting a fortune
each year from the mine for almost a
generation. the United Verde Mining
company is just completing the estab-
lishment of new smelter with double
the capacity Of the present plant, and
a model town, at Clarkdale, S miles
distant from Jerome. Several millions
Of dollars are being put into this plant
because the properties give evidence
Of being able to supply ore for at least
another generation, to say nothing Of
the ores to be secured from neighbour
ing properties. The arrangements Of
the new plant will permit the mining
Of the ore and it's subsequent treat
ment for much less than the Sresent
cost. In this way the Company will
be able to handle at profit low grade
ore that was not economically desir-
able before.
There are few, II any places in the
world where an ore body OF greater
size than the sulphide chamber shown
in the United Verde is found. Even
the Rio Tinto, with much lower grade
ore, does not compare with it. Mount
Lyall, in Tasmania is a wonderful
property but these do not compare
with the United Verde either in ton
mage or quality Of ore.
when the United Verde mine was
first discovered in 1880. there was
nothing obvious but the large iron
hat which carried values on the sur
face in gold and silver. Oxide and
carbonate ores were found at some
little depth. These drew attention to
the property. Underlying the oxidiz-
ed ores were great quantities Of sui
phide ore, low grade by comparison,
but containing both copper and gold
and silver in sufficient quantities to
make the working of the ore highly
profitable.
Under the direction Of a man who
has been in the employ Of the COM
pany for is years, and who is thor
oughly familiar with labor conditions
in Arizona copper camps, welfare
department has been instituted for
Clarkdale. The welfare department Is
supervising the erection Of 300 fire.
proof brick cottages for the W rk-
men. Each cottage will have its baths.
toilets. electric lights, pure mountain
spring water, and the rental will req
resent only moderate interest on tns
money invested. Rents will be lower
in Clarkdale than In any other part OF
the state for the same accommoda-
tions Grounds will also be leased or
sold to workmen on easy terms.
"A big amusement park will be pro-
vided with facilities for healthful rec
reation. There will be clubhouse, a
reading room and a gymnasium.
Clarkdale will have the best conditions
Of any mining camp in Arizona.
"These arrangements are being de-
veloped from purely business stand
point. Desirable conditions will draw
to Clarkdale the more responsible ele-
ment among the miners. Better home
conditions will tend to make the work.
ers more nearly permanent, and to
create feeling Of interest and pride
among the workers in the things that
are theirs.
1T has been this sane, Unconditional
policy that has made jerome de-
sirable place in which to live. That
the same policy will be continued Is
evidenced by the care being taken te
secure the best physical and moral
conditions at Clarkdale. This tends
to insure satisfactory physical and
mental condition among the men. The
consequent result means better WORK
In the mine and resultant sense Of
personal responsibility among the in
div,dual employees,
Throughout YAvapai county 1t has
always been recognized that in mat
tiers Of general interest where support
must come from individual citizens
the Clark intereSts' could always bt
counted on to lend their aid and d.
their share without the necessity Of
any undue urging"