Arizona republican., 1906-01-15

and from these points made side ex- cursions to various mines and pros poets under development. The visitors were pleased to note a general revival of mining activity and development. a fact they are justified in believing Is in large measure due to the Humboldt smelling enterprise. They desired to impress upon the mine owners the in creased advantages that the new smelter has given them with @ view to a sentiment of cooperation The great need of the average operator with limited capital is a market for his ores at prices that will return q good profit. This market the Ari- zona Smelling company has provided The great need oi the smelling, com pany is a large tonnage of ore and this tonnage the mines of central Arizona can well supply if operators choose to furnish it.
 Speaking of the enterprise last night MT. Brooks said the fact should be emphasized that the Humboldt smelter is by no means a small and in consequential plant nor is it in any way experimental. MT. F'inney Is one of the most capable men in the country and was for two years at the head of the operating department of the American Smelling and Refining company, which has smeIters all over this country and Mexico. lie Is man of many years experience and compc- tent in the details of the business. The plant at Humboldt has been built at great expense and expects to begin reduction with a capacity of 500 or 500 tons of ore per day, being planned also for doubling the size as soon as il has been demonstrated that there IS suffi- cient available for reduction. But it is q big plant even from the very be ginning and will be able to handle tha ore product of many mines Tha hardest work the smelting company is likely to have is getting ore enough to keep it's big plant busy and there fore all possible efforts are being put forth to make it an object to mining men to ship their ores there. It is very true that smaller smelters have sometimes failed, even in this section by reason of lack of ore supply but the lack of ore was due to the fact that the expense of reduction in a small plant is approximately very much greater and small companies often lack the cash capital to buy and pay for ore in advance. Thus handicapped they could handle at a profit only the highest grades of ore and that ..ot ar the best profits, the tonnage being small there was much to contend with It is unquestionable also that in sona cases of this sort, responding to the first law of nature, such managernents have taken unfair advantages of ore shippers.
 But with the Arizona Shelter the situation is an entirely different one. It proposes to handle vast tonnage which will enable reduction at the very minimum of expense. It VIII make more money on high grade orea and some money on low grade ores. The best possible freight rates will he made and the smelling company is therefore enabled to pay a higher price for ore than was eyer offered | here before, at the same time hand ling vast tonnage that in days gone
 by would not yield returns sufficient to pay the original freight bills. It will enable many prospectors now to de- Velop their properties with the proceeds , or the ores removed and without other l financial help, at the same time mak- ! ing profits possible for many compa- 1 nieS which now can at most plug along with development work and anxiously wait the coming of some wealthy In vestor who may be influenced to buy The Arizona Smelling company is strictly business investment as is the exploitation of the numerous mines In these parts but the conditions are such that the success of either is greatly helped by the success of the other. In this instance at least the natural selfishness Of capital is con ducive to a cooperation that is en- tirely unselfish.