Arizona weekly journal-miner., 1900-06-13
A CUSTOM SHELTER ASSURED.
\ Company Formed and Contracts
 Entered Into.

The progress that has been made in the development of Arizona's gold, sil- yer. copper and lead mines is truly marvellous when the many adverse con- ditions under which the work has been carried on is considered. Not many years ago hostile bands of Indians sent terror to the hearts of the braveSt prOspectOrS: ore when mined had to be transported at enormous expense to Swansea. Wales. for treatment. there being no smelters easier of access; there were no railroads until recently and even now in many places the fa- cilitieS are inadequate. there being large areas without single road; ma chinery for the mines and coke and coal with which to operate it. had to be freighted long distances and at great expense. As an illustration, coke cost not long ago laid down in Globe $52 ton, and yet it was profit able to mine the ore that only went from II to 13 per cent in copper These and many other discourage mentS have been met, but there has been steady advancement. Facilities for treating the ore. however, have not kept pace with the development of the mines. nearly all that has been produced having to be shipped long distances-hundreds of miles. in fact to be Smelted.
 It is useless to enter into any lengthy discussion to point out to mining men the adyisability of having q thOroubh- ly equipped smelling plant in this To- cality. or to show to others not directly ! interested in mining the advantages that would accrue to them from the establishment of such an enterprise This is too well understood by all to need recapitulation- Its importance is universally recognized. There is nOth- ing that would do more for the mining industry of this section of Arizona. and for which miners would be more grateful. than q custom shelter. well equipped and cOmpetently operated, and of sufficient capacity to handle the output of the mines tributary tOit This has long since become the settled conviction of the people. therefore all classes of persons will be interested ill knowing that q company composed of representative men of this city has been organized for the purpose of erecting and operating an up-tO-date custom shelter in this locality. This is the Acme Shelter and Refining company. and as an assurance that the enterprise will be successful and that mining men and stockholders will -eceive fair treatment it is only neces- sary to mention that the board of di- rectOrs is composed of V. c. Wilson, Chief Justice Street. T. T. Powers, H. NJ Chapman. Emil Gang, ex-Chief Inc (Tala nf and others " stand equally high for their moral and business qualifications. The person nelOf the company is an assurance that a great business will be established. Already men of wide experience and more than national reputation have be come interested in the enterprise, through advertisements that have ap- peared in leading papers in the east, and quite a number of them have be come stockholders Important con- tracts have been entered into. and every thing clearly indicates that the long wished for smelling plant will be in operation at no distant day. Stock is being rapidly taken. which Is easily understood when it is known that the company is selling It's treasury stock for 90 cents a share-par value $1. It is undoubtedly a splendid in vestment at that price. for the stock will certainly go above par in a very short time
 The mine owners and citizens of this section of Arizona will surely welcome and encourage this enterprise. which means so much to the mining industry directly and to the prosperity of so many others indirectly in central and southern Arizona. na.-Republican.