Show UNITED STATES SMELTING with the payment of a regularly quarterly dividend of on its common stock and of 87 cents per share on preferred stock the united states smelting smelling Sm elting refining mining company starts out the year 1920 in better shape financially than at any time for the past three years the new dividends are payable today to stock of record on january 2 gross earnings for far the year 1919 amounted to in comparison with 7 for 1918 and for 1917 after deduction of better than for depreciation depletion federal taxes and other purposes anet a net profit of 14 a share on common stock stack remains after the payment of 7 per cent on preferred estimated silver production for the company during the year just closed is close to ounces with the increased price of the white metal big profits are assured for some time to come regardless of higher producing costs all along the line the companas comp anys production of silver showed an increase of better than twenty five per cent over the year 1918 |