The copper era., 1905-09-21
New Metal Refinery for Mexico.

Quite in keeping with her reforms in monetary and mining matters, Mexico has lately granted conces- sions to the National Metal com pany, which proposes. to carry on a refining business in the republic. The plant of this company will be only the second of it's kind to be es- tablished in Mexico, the other one being small parting plant at the Monterey shelter. The plans of the National Metal company include the erection of a complete modern re- fnery, have eight furnaces-three Dore, three retort and two melting and a modern electrolytic parting plant. The installation of the latter is especially noteworthy, inasmuch as it will insure the production of finer gold and silver than would oth- erwise be probable. The orly objec- tion to be advanced against this form of parting plant is that there is al ways considerable amount of gold and silver that remains in the plant and which is never completely cleaned up at any one time. This, however, may be considered as of minor importance, in view of the fact that the new refinery anticipates receiving special concessions for re- ining it's gold and silver to a tineness of .999 which is usually done with as surance and accuracy only in cleo trOlytic plants.
 It is expected that the new plant will be in operation inside of sixty days and with the efficient services of experienced men should prove profitable from the beginning. It is announced that Mr. D. c. Doney, formerly superintendent of the Delamar Copper Works of Chrome, New Jersey, will have charge of the new refinery and will be assisted by experienced employees which the company has secured from the United States Mint and other re- fining plants in this country.
 The plant will have a capacity of handling metal to the value of $600,- 900 gold per month and will be granted an export duty on shipments of metals of only 11 per cent, the for mer rate being 2 per cent. The new venture will undoubtedly be well patronized, in view of the fact that the hints have been closed for some time and sellers have been obliged to export their own bullion at the dou- ble disadvantage ot the high export duty and the uncertainty of the sil- yer market. The National company will pay cash on the delivery of base bullion to it's plant at NonOalco.- Mining Reporter.
 A Portland dispatch says: A CO., operative experiment on a scale hitherto untried is soon to be tried. It will be capitalized at $50,000,0 The objects of the federation are to buy and sell land, build railroads, op- crate factories, mills and dairies in Oregon. The membership of the federation IS to be ot persons Ot moderate means, and is established after years of study for the purpose of enabling the wage earner to share in the profits upon the investment of his labor. The promoters claim that it will prove the solution of all sides of the labor question. Bonds to the amount of S5O,OOO,OOO are to be issued bearing five per cent interest. The principle is to be guaranteed by the Title Guarantee and Trust company and the interest for the first five years is to be guaranteed by the Trust company of America.
 Cromb &c Shannon continue to han dle the choicest range and refriger-