Daly West Mining and Milling Co. - Unissued Mining Stock Certificate

Unissued Stock. Salt Lake City, Utah Territory. This company is most likely named after Marcus Daly.

Marcus Daly (December 5, 1841 – November 12, 1900) was an Irish-born American businessman known as one of the three "Copper Kings" of Butte, Montana, United States.

Daly emigrated from County Cavan, Ireland, to the United States as a young boy, arriving in New York City. He sold newspapers and worked his way to California in time to join the gold rush on what was to become Virginia City, Nevada, and the fabulously rich silver diggings now known as the Comstock Lode, in 1860.

Daly gained experience in the mines of the Comstock under the direction of John William Mackay and James G. Fair. While working in the mines of Virginia City, Daly met and befriended George Hearst and partners James Ben Ali Haggin and Lloyd Tevis, co-owners of the Ophir Mining Company. (Hearst's son was William Randolph Hearst). In 1872, Daly would recommend purchase by the Hearst group the Ontario mine, near Park City, Utah. In ten years, the Ontario produced $17 million and paid $6,250,000 in dividends, and made many millions for Hearst, Tevis and Haggin.

Their business friendship was to extend for many years and help establish the Anaconda Copper Mine in Butte, Montana. Daly originally came to Butte in August 1876 to look at a mine, the Alice, as an agent for the Walker brothers of Salt Lake City. The Walkers purchased the mine, installed Daly as superintendent and awarded him a fractional share of the mine. The Walkers became the namesakes of Walkerville, which formed around the Alice.

Always an energetic engineer and geologist with a keen eye for paying ore, Daly noticed while working underground in the Alice, that there were significant deposits of copper ore. He gained access into several other mines in the area and concluded that the hill was full of copper ore. He envisioned an ore body several thousand feet deep, some veins of almost pure copper that would be worth hundreds of millions of dollars. He urged his employers, the Walker Bros. to purchase the Anaconda and when they refrained, Daly bought it. Daly founded his fortune on the Anaconda Copper Mine in Butte, after selling his small share of the Alice Mine, for $30,000.

The Anaconda began as a silver mine, but Daly's purchase was for the copper, found to be one of the largest deposits known at the time. However, he lacked the money to develop it, so he turned to Hearst, Haggin and Tevis. Backed with many millions of dollars, he set out upon developing The Richest Hill on Earth. The first couple hundred feet within the mine were rich in silver, and took a few years to exhaust. By that time, Butte's other silver mines were also playing out, so Daly closed the Anaconda, St Lawrence and Neversweat mines. He reported to his associates what he had in mind and they approved. Prices on surrounding properties dropped and Daly quietly purchased them. Then he re-opened the Anaconda as a copper mine and announced to the world that Butte was "The Richest Hill on Earth". Because Thomas Edison had developed the light bulb and built a city block in New York to show off what electricity could do, the world would need copper, a very excellent conductor of electricity. Butte had copper. Hundreds of thousands of tons of it, waiting to be taken from the ground.

He built a smelter to handle the ore, and by the late 1880s, had become a millionaire several times over, and owner of the Anaconda Mining and Reduction Company. Daly owned a railroad, the Butte, Anaconda and Pacific Railroad to haul ore from his mines to his smelter in Anaconda, a city he founded for his employees to work the smelters. He owned lumber interests in the Bitterroot Valley, a mansion and prized stables in the same valley, south of Missoula.

In 1894, Daly spearheaded an energetic but unsuccessful campaign to have Anaconda designated as Montana's state capital, but lost out to Helena, which was supported by William Andrews Clark. Daly was active in Montana politics throughout the 1890s, because of his opposition and intense rivalry with fellow copper king, and future U.S. Senator, William Clark. Daly tried to keep Clark out of office by lavishly supporting Clark's opponents.

In 1898, Daly went looking for a buyer of his company. He entered into negotiations with William Rockefeller and Henry H. Rogers of John D Rockefeller's Standard Oil of Ohio. The Anaconda Mining Company (and associated interests) were purchased in 1899 for $39 million and became Amalgamated Copper Mining Company. Daly was made president of the company in 1899 and died the following year in 1900.

Daly invested some of his money in horse breeding at his Bitterroot Stock Farm located near Hamilton, and was the owner/breeder of Scottish Chieftain, the only horse bred in Montana to ever win the Belmont Stakes (1897).

In 1891, Daly became the owner of Tammany, identified as Horse of the Year in 1893. He owned and stood Inverness, sire of Scottish Chieftain, as well as Hamburg, Ogden, and The Pepper. He also arranged the breeding of the great Sysonby, ranked number 30 in the top 100 U.S. thoroughbred champions of the 20th Century by Blood-Horse magazine. Daly died before the horse was born.

Following his death, New York's Madison Square Garden hosted a dispersal sale for the Bitterroot thoroughbred stud, beginning on January 31, 1901; 185 horses were sold for $405,525.

Daly's legacy was a mixed one for Anaconda. From 1885 to 1980, the smelter was one of the town's largest employers and provided well-paid jobs for generations. When the smelter closed in 1980, during a labor strike, 25% of the town's workforce was put out of work and the town has not recovered. The smelter itself was torn down as part of environmental cleanup efforts in the 1990s, although the smokestack is still in place, visible for many miles across the valley, above the town.

Daly's legacy was equally mixed for Butte. The Anaconda Company was bought out by the Amalgamated Copper Mining Company in 1899, and by the 1920s it controlled mining in the city. It continued to be one of the state's largest employers and a mainstay of the state and local economies until the 1970s. In the 1950s, the ACM began open-pit mining in Butte, creating a steadily growing pit, known as the Berkeley Pit, east of the main business district. In the mid-1970s, copper prices collapsed and the ACM was bought out by the Atlantic Richfield Company, (ARCO). ARCO ceased mining in Butte in 1980 and shut off the deep pumps in 1982, ending what Daly had begun almost exactly 100 years before. Montana Resources, owned by the Washington Group, as of 2007, operates an open pit copper and molybdenum mine in Butte, and also recovers copper from the water in the Berkeley Pit. In 1980 the Berkeley Pit, the Clark Fork River and the smelter outside the town of Anaconda, MT were declared federal Superfund sites by the US EPA.

A statue of Daly by Augustus Saint-Gaudens stands at the main entrance to Montana Tech of the University of Montana (formerly the Montana School of Mines), at the west end of Park Street in Butte.

A drawing of Daly by the Swiss-born American artist Adolfo Müller-Ury (1862–1947) was acquired in 2009 by the American National Portrait Gallery in Washington D.C.

Riverside, the summer home of the Daly Family, is located in Hamilton, Montana and open to visitors. Margaret Daly, Marcus' wife, had the home remodeled after his death into a Georgian-Revival Style Colonial.

The Marcus Daly Memorial Hospital, located in Hamilton, Montana, was incorporated on December 18, 1929.

During WWII, the US Navy honored Marcus Daly with a liberty ship in honor of his accomplishments, the SS Marcus Daly. The ship served honorably during the war, from 1943 to the end of hostilities, earning several service medals in the process.

Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the capital and most populous city of the U.S. state of Utah, as well as the seat of Salt Lake County, the most populous county in Utah. With a population of 199,723 in 2020, the city is the core of the Salt Lake City metropolitan area, which has a population of 1,257,936 (as of the 2020 census). Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a 120-mile (190 km) segment of the Wasatch Front, comprising a population of 2,606,548 (as of 2018 estimates), making it the 22nd largest in the nation. It's also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada).

Salt Lake City was founded in 1847 by early pioneer settlers, led by Brigham Young, who were seeking to escape persecution they had experienced while living farther east. The Mormon pioneers, as they would come to be known, entered a semi-arid valley and immediately began planning and building an extensive irrigation network which could feed the population and foster future growth. Salt Lake City's street grid system is based on a standard compass grid plan, with the southeast corner of Temple Square (the area containing the Salt Lake Temple in downtown Salt Lake City) serving as the origin of the Salt Lake meridian. Owing to its proximity to the Great Salt Lake, the city was originally named Great Salt Lake City. In 1868, the word "Great" was dropped from the city's name.

Immigration of international members of The Church of Jesus Christ of Latter-day Saints, mining booms, and the construction of the first transcontinental railroad initially brought economic growth, and the city was nicknamed "The Crossroads of the West". It was traversed by the Lincoln Highway, the first transcontinental highway, in 1913. Two major cross-country freeways, I-15 and I-80, now intersect in the city. The city also has a belt route, I-215.

Salt Lake City has developed a strong tourist industry based primarily on skiing and outdoor recreation. It hosted the 2002 Winter Olympics. It is known for its politically liberal and diverse culture, which stands at contrast with the rest of the state's conservative leanings. It is home to a significant LGBT community and hosts the annual Utah Pride Festival. It is the industrial banking center of the United States. Salt Lake City and the surrounding area are also the location of several institutions of higher education including the state's flagship research school, the University of Utah.

Before settlement by members of The Church of Jesus Christ of Latter-day Saints, the Shoshone, Weber Ute, and Paiute had dwelt in the Salt Lake Valley for thousands of years. At the time of Salt Lake City's founding, the valley was within the territory of the Northwestern Shoshone. One local Shoshone tribe, the Western Goshute tribe, had names for the Jordan River, City Creek, and Red Butte Canyon (Pi'o-gwût, So'ho-gwût, and Mo'ni-wai-ni). The Goshutes (or, Gosiutes) also lived in the vicinity of Salt Lake and the valleys to the west. The land was treated by the United States as public domain; no aboriginal title by the Northwestern Shoshone was ever ceded or relinquished by treaty with the United States. The first explorer of European descent in the Salt Lake area was likely Jim Bridger in 1825, although others had been in Utah earlier, including some who traveled as far north as the nearby Utah Valley (the 1776 Dominguez-Escalante expedition were undoubtedly aware of Salt Lake Valley's existence). U.S. Army officer John C. Frémont surveyed the Great Salt Lake and the Salt Lake Valley in 1843 and 1845. The Donner Party, a group of ill-fated pioneers, had traveled through the Great Salt Lake Valley in August 1846.

The settling of Salt Lake City dates to the arrival of the Latter-day Saints in July 1847. They had traveled beyond the boundaries of the United States into Mexican Territory seeking a secluded area to safely practice their religion away from the violence and the persecution they experienced in the United States. Upon arrival at the Salt Lake Valley, president of the church Brigham Young is recorded as stating, "This is the right place, drive on." Brigham Young is said to have seen the area in a vision before the wagon train's arrival. They found the broad valley empty of any human settlement.

There was a Native American population in the valley, but an outbreak of measles during the winter of 1847 killed many. The Shoshone saved the pioneers when they taught them to eat the bulb of the native sego lily, which has long been part of the ordinary diet of the Shoshone, sego being derived from the Shoshone word seego. The sego lily was commemorated by the Sego Lily Dam, a flood-prevention infrastructure project in the shape of a giant sego lily, built in Sugar House Park in 2017.

Four days after arriving in the Salt Lake Valley, Brigham Young designated the building site for the Salt Lake Temple. The Salt Lake Temple, constructed on the block later called Temple Square, took 40 years to complete. Construction started in 1853, and the temple was dedicated on April 6, 1893. The temple has become an icon for the city and serves as its centerpiece. The southeast corner of Temple Square is the point of reference for the Salt Lake meridian, and for all addresses in the Salt Lake Valley.

The pioneers organized a state called State of Deseret, and petitioned for its recognition in 1849. The United States Congress rebuffed the settlers in 1850 and established the Utah Territory, vastly reducing its size, and designated Fillmore as its capital city. Great Salt Lake City replaced Fillmore as the territorial capital in 1856, and the name later was shortened to Salt Lake City. The city's population continued to swell with an influx of converts to The Church of Jesus Christ of Latter-day Saints and Gold Rush gold seekers, making it one of the most populous cities in the American Old West.

The first group of settlers brought African slaves with them, making Utah the only place in the western United States to have African slavery. Three slaves, Green Flake, Hark Lay, and Oscar Crosby, came west with the first group of settlers in 1847. The settlers also began to purchase Indian slaves in the well-established Indian slave trade, as well as enslaving Indian prisoners of war. In 1850, 26 slaves were counted in Salt Lake County. In 1852, the territorial legislature passed the Act in Relation to Service and the Act for the relief of Indian Slaves and Prisoners formally legalizing slavery in the territory. Slavery was abolished in the territory during the Civil War.

Explorer, ethnologist, and author Richard Francis Burton traveled by coach in the summer of 1860 to document life in Great Salt Lake City. He was granted unprecedented access during his three-week visit, including audiences with Brigham Young and other contemporaries of Joseph Smith. The records of his visit include sketches of early city buildings, a description of local geography and agriculture, commentary on its politics and social order, essays, speeches, and sermons from Young, Isaac Morley, George Washington Bradley and other leaders, and snippets of everyday life such as newspaper clippings and the menu from a high-society ball.

Disputes with the federal government ensued over the church's practice of polygamy. A climax occurred in 1857 when President James Buchanan declared the area in rebellion after Brigham Young refused to step down as governor, beginning the Utah War. A division of the United States Army, commanded by Albert Sidney Johnston, later a general in the army of the Confederate States of America, marched through the city and found it had been evacuated. They continued their march through the deserted city to vacant land at the southwest corner of the valley. There they set up Camp Floyd (40 miles (64 km) south of the city). Another military installation, Fort Douglas, was established in 1862 to maintain Union allegiance during the American Civil War. Many area leaders were incarcerated at the territorial prison in Sugar House in the 1880s for violation of anti-polygamy laws. The church began its eventual abandonment of polygamy in 1890, releasing "The Manifesto", which officially suggested members obey the law of the land (which was equivalent to forbidding new polygamous marriages inside the US and its territories, but not in church member settlements in Canada and Mexico). This paved the way for statehood in 1896, when Salt Lake City became the state capital.

The First Transcontinental Railroad was completed in 1869 at Promontory Summit on the north side of the Great Salt Lake. A railroad was connected to the city from the Transcontinental Railroad in 1870, making travel less burdensome. Mass migration of different groups followed. Ethnic Chinese (who had laid most of the Central Pacific railway) established a flourishing Chinatown in Salt Lake City nicknamed "Plum Alley", which housed around 1,800 Chinese during the early 20th century. The Chinese businesses and residences were demolished in 1952 although a historical marker has been erected near the parking ramp which has replaced Plum Alley. Immigrants also found economic opportunities in the booming mining industries. Remnants of a once-thriving Japantown – namely a Buddhist temple and Japanese Christian chapel – remain in downtown Salt Lake City. European ethnic groups and East Coast missionary groups constructed St. Mark's Episcopal Cathedral in 1874, B'nai Israel Temple in 1890, the Roman Catholic Cathedral of the Madeleine in 1909 and the Greek Orthodox Holy Trinity Cathedral in 1923. This time period also saw the creation of Salt Lake City's now defunct red-light district that employed 300 courtesans at its height before being closed in 1911.

During the late 19th and early 20th centuries, an extensive streetcar system was constructed throughout the city, with the first streetcar running in 1872 and electrification of the system in 1889. As in the rest of the country, the automobile usurped the streetcar, and the last trolley was approved for conversion in 1941, yet ran until 1945, due to World War II. Trolley buses ran until 1946. Light rail transit returned to the city when UTA's TRAX opened in 1999. The S Line (formerly known as Sugar House Streetcar) opened for service in December 2013 on an old D&RGW right-of-way.

The city's population began to stagnate during the 20th century as population growth shifted to suburban areas north and south of the city. Few of these areas were annexed to the city, while nearby towns incorporated and expanded. As a result, the population of the surrounding metropolitan area greatly outnumbers Salt Lake City. A major concern of recent government officials has been combating inner-city commercial decay. The city lost population from the 1960s through the 1980s, but experienced some recovery in the 1990s. Presently, the city has gained an estimated 5 percent of its population since the year 2000.

The city has experienced significant demographic shifts in recent years. Hispanics now account for approximately 22% of residents and the city has a significant LGBT community. There is also a large Pacific Islander population (mainly Samoans and Tongans; they compose roughly 2% of the population of the Salt Lake Valley area.

Salt Lake City was selected in 1995 to host the 2002 Winter Olympics. The games were plagued with controversy. A bid scandal surfaced in 1998 alleging bribes had been offered to secure the bid. During the games, other scandals erupted over contested judging scores and illegal drug use. Despite the controversies, the games were heralded as a financial success, being one of the few in recent history to turn a profit. In preparation major construction projects were initiated. Local freeways were expanded and repaired, and a light rail system was constructed. Olympic venues are now used for local, national, and international sporting events and Olympic athlete training. Tourism has increased since the Olympic games, but business did not pick up immediately following. Salt Lake City expressed interest in bidding for the 2022 Winter Olympics. However, Beijing was selected to host the 2022 Winter Olympics.

Salt Lake City hosted the 16th Winter Deaflympic games in 2007, taking place in the venues in Salt Lake City and Park City, and Rotary International chose the city as the host site of their 2007 convention, which was the single largest gathering in Salt Lake City since the 2002 Winter Olympics. The U.S. Volleyball Association convention in 2005 drew 39,500 attendees.

In 2020, the city experienced a 5.7 magnitude earthquake, protests against the killing of Bernardo Palacios-Carbajal, and a damaging windstorm with hurricane-force winds, amidst the wider national George Floyd protests, the global COVID-19 pandemic, and protests against pandemic measures.

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