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Show i S. S. & R. OPERATES I UNDER DIFFICULTIES H Net Earnings From Mexico I Plants Cut in Half by Rev- I olutionary Troubles. H That the American Smelting & Rcfln- H !ng company is entitled to a great dear H of credit for attempting to operate under H the adverse conditions that have been H prevailing In ilcxlco is tho opinion of H one who has been Identified with the H company's operations in that country, H says tho Boston News Bureau. The ln- H terviow, as printed, follows In pari: H The larger part of the American H Smelting & -.Refining company's prop- H orty and earnings Is In Mexico and In H the northern half of tho territory be- twocn tho United States and "Mexico City. No American Interests have suffered as havo tho interests of this H company by tho troubles in Mexico. Tho situation may be realized from tho fact that today after so many months of trouble this company Is not potting half the net earnings in that country which It could be getting were there a settled political situation. Tn- H deed, tho headquarters of the present rebellion is within twenty miles of one of the Inrgest plants of the company. I believe tho revolutionary troubles in Mexico havo 'been stimulated by the existence of American .supplies . which have been confiscated first by one party and then another, but losses might have been ton'iflc had the smelting company shut down every - H where ns they havo had to do at some M Whore they shut down and got their American employees out with some difficulty there has been no lnsurrec- 9 Hon bocauso there have been no m American supplies to seize- It has M been u very difficult situation under M which to operate, but the Quggon- helms have done the best they could nnd operated whero they were por- fl mlttcd without regard to which side jfl Jndccd, when the Madoro govorn- ment came in, they took possession m of the Mexico Central and operating tho road delivered the supplies and took out the bullion collecting all 9 railroad freights as well as till taxes. M Later, when tho railroad way restored to tho compahy, bills wore presented for i he transportation of freight for vers' considerable amounts, hut tho smelting company simply responded: "In this country we have to pay our bills to the people who do the operat- itig. Tho Mndero people operated the I road and delivered our goods and "we 1 havo paid them and cannot pay you." E Of course, there is going to .be a I line of claims and cross claims for I adjustment if Mexico ever becomes a I settled country. Tho American Smelt- I lng .fc Refining company has presented big claims under the Madero govcro- I mem after that revolution, but before I they had been settled another line of (j claims accumulated against the Ilucr- I ta government. Ill Metal Market, i'l Prices posted -on the metal market yes- M ierday were as follows: Silver, 5SSc; lead, j 5-1.121; copper, $14,224. Itm Ore and Bullion. KB McC'ornlck & Co., bankers, yesterday mm reported oro received to the value of Mm ?IJ0,ij0O and bullion worth $S0.O0O shipped, n total, ll.SO.OOi).. |