THE COPPER INDUSTRY.
One of the largest aggregations of capital in the world is the Calumet & Hecla Smelting Company. It controls the rich copper mines of Lake Superior with all their inexhaustible stores of wealth. Two years ago the company bought a very large tract of land on the banks of the Niagara within the city limits of Buffalo, and began the construction of an extensive smelting works. The ore is brought here direct from the mines, and here it is reduced and the whole output of the mines distributed from this point. Why did the Calumet & Hecla Company locate in Buffalo? Because of its peerless location as a distributing centre for one thing, and cheap electric power for another.
Not long ago, in Buffalo, a live electric wire fell athwart a lamp post, and in the twinkling of an eye the iron was fused by the current. That was smelting by electricity. The brainy men of the Calumet & Hecla Company knew what they were doing when they located beside Buffalo’s electric power house.
THE ERIE COUNTY SAVINGS BANK--A MILLION DOLLAR BUILDING.