METROPOLITAN &lt;MONY.O> TO MAKE OFFER FOR METEX
  Metropolitan Consolidated Industries Inc
  said it will make a tender offer for all or any of the
  outstanding shares of common stock of Metex Corp &lt;MTX> not
  currently held by or under option to Metropolitan for 7.75 dlrs
  per share.
      The company said the offer will be subject ot securing
  satisfactory financing.
      Metropolitan currently owns about 25.7 pct of Metex common
  and holds options to purchase about an additional 16 pct of
  Metex common stock.
     
      Metropolitan said the offer will be made no later than
  October 27.
  

