Show THE REID SYSTEM A process by which ores are electrically smelted smelter and refined denver mining investor edgar D payne a well known mining man of this city had just returned to denver after an extensive eastern trip in the interests of several mining enterprises with which he is concerned mr payne is enthusiastic thusia over the reid system of electric smelting smelling sm elting and refining which he thoroughly investigated and as a result secured the exclusive colorado rights concerning the process mr payne says six years ago at newark N J james H reid of lifetime experience as electrical and managing engineer all over the world for the edison westinghouse and general electric companies with brush in perfecting the first are arc light with thomas A edison in his early struggles to make the people believe electric lighting was commercially practicable with vanderpool in the early development of the trolley car the man who built the first electric light plant in china a pioneer always in the electrical field turned his attention to another of the greatest of human industries the smelting smelling sm elting and refining of ores which some experiments led him to believe electricity would also revolutionize what smelting smelling sm elting means is that the mineral as it comes from the earth must first be fused or melted before it can be made of any commercial value up to the present time this has been done through the use of the blast furnace a method that has proven itself so slow wasteful and expensive that about half of the profits in the business have been lost and yet it has made many millionaires practical demonstrations on cobalt ores at the reid plant at newark N J show a loss of but 1 10 of one per cent of the metallic content in the flags users of the reid system will not have to pay penalties for refract ories and de lete rants these become valuable by pro ducts which in the plant furnace cause added expense in reducing same and in time destroy the furnace itself no flux ing is necessary and this system will treat low grade ores and there are hundreds of thousands of tons now lying on the dumps whose values are not sufficient to stand freight and blast furnace charges the first corporation to use the reid system is the cobalt reduction refining co ltd and which has been granted a perpetual charter by the dominion of cau can ada and which has acquired from mr reid the exclusive and perpetual right and license to erect and operate electric smelt ing and refining plants in one of the richest mineral bearing districts in the world comprising the northern half of the pro vince of ontario including the wonderful silver mines at cobalt gowganda Gow ganda elk lake Alon montreal treal river and the great porcupine gold camp the first corporation to be organized to use the reid system in our great western mineral belt is the twin county mines smelting smelling Sm elting refining company which is subsidiary to the reid ltd I 1 believe this tern tem bids fair to revolutionize the mining industry the reid system which required six years time and the expenditure of over to perfect is protected by a series of basic patents in the united states canada and throughout the world A small plant is in daily operation at newark N J 1352 mulberry street and it is expected shortly to have a demonstration plant at denver where local operators may have their ores treated with a view to installing a smelting smelling sm elting plant of their own or to have their ores treated at the custom plants of the subsidiary company which are expected to be erected in one or more of the local camps |