Arizona republican., 1898-04-06

Prescott, says the Courier. President Fredericks of the Prescott mining ex- change called the meeting to order and stated it's objects. In the delibera- toins which followed MT. Best was piled with questions by E. B. Gage, F. M. Murphy, Mayor O'Neill. E. w. Wells and others and replied to all in a much to the point, business-like ore wise way When asked what he ex- pected of our citizens MT. Best fatly replied that he wanted $10,000, that he had been told that Prescott had ex- pended somewhere in the neighborhood of this amount on a Fourth of July celebration and that he was also told that S10 1000 had been offered for the erection of a shelter at this point He asked if this was not fact? Then Frank Wright, who had been chair man of the committee having the bo- nus matter in charge, stated that the sum which had been offered was real | ly s5, 900 to be paid out at the rate of S150 per ton as ore was treated. MT. 1 Best then went on to state that if his plant should be put here, this plant would be the central, permanent plant and would control the territory; that such plant as he would put up here would cost s35,OOO, if put up in Colo rado. This plant would be capable of treating fifty tons of ore daily; he had been looking over this section and | had seen no ores which his processes could not treat with profit to all par ties at interest. He would buy ore in the open market and pay cash for the ore. He would pay the same prices for ores which are paid by smell ters to which ore shipments are be- ing made; this, of course, would save freight charges, if nothing more His company now has two such plants in successful operation in Colorado-one at Empire and one at Northeast Black hawk, which plants treat from thirty to forty tons of ore each, per day. The reporter understood Mr Best to say that ores were roasted, sulphides were converted into sulphates and gold; all ores were prepared and made free mill ing so far as gold is concerned; other metals treated by concentration, leach ing process after the roast.
 1 His company has Successfully treat
 ed 25o tons of ore gathered from vari- ous parts of the world. Here MT. Best submitted blue print plan of the plant. He believed that he could treat ore valued at from s7 Der ton up; could treat $2O ore at a, profit to the miner from $S to SIP a ton. Tn 1 response to question as to what he wanted, he replied that he had a To- cation to look up, water to look m
 ana ne expected a bonus of S1OOOO
 He said he would create a market for ore not now marketable, and the pres ence or his plant here and the knowl- cage or what it could do would. in rom three to six months, increase the Vaiue or mining property hereabouts not less than a million dollars. E. R. Gage said Prescott is the best place in Ar1zona for custom plant F. M. Murphy announced his willingness to subscribe to the $10,000 bonus. Judge Wells Of the McCabe mine and B. B. Gage Of the Congress both signified a desire to send their ores to a home plant, provided the home plant would do as well as the ones abroad, MT. Best was called upon to place his prop- os1tion in writing. He said he would do SO and have same ready by tomor- row afternoon, whereupon meeting was adjourned until that time. Tn re
 gard to buying ores MT. Best stated that his company bought all ores on a flat basis, while ores were usually bought on neutral basis The report CT understood this, as explained, that while other companies allowed certain concessions or recommendations for cer- tain desired metals contained by cer- tain ores, the Beam process people did not do this, but bought with regard to precious metals alone contained by the ore; that his people bought all/the lead they needed. Some contro7ersy on this matter appeared to result in the conclusion that the saving in freight would more than counterbaI- ance the concessions or recommendations allowed by other companies for ore ingredients which they were anxious to get