Show y s. s mm SMELTER to CU PROSPERS IN 1918 Officials of or the United Stales SmeltInG Smelt Smelt- Smelting ing Refining Mining company compan have ha c just Issued statement which a gives a concrete Idea of oC the general prosperity which a attended encel trio the operations at tho time various plants In the thc past year ear It follows follows follows fol fol- lows The earnings In ht eleven cleven months of at atInS InS to November 30 were approximately approximately after creating re reserves reserves re- re serves eres amounting to for Cor de- de depletion exploration federal federal fed fed- eral taxes and other purposes These earnings are at al tho the rate of or 7 per pel cent per annum on tho the preferred plus per pcr share for tor eleven cloven months montha on the common or at trio the rale rate of 1 I per sharo allaro per annum 1823 1329 per pcr cent on tho common stock After J providing ann an n additional reserve of ot to write down metals at the tho en end of ot tho the year ear these earnings will wil bo reduced to for the tho eleven months or atthe at nt the tho rate of or 7 per cent per annum on tho preferred plus per pcr cent on tho two common stock Operations and output have ha been Interfered with wih during the limo past two months at mines and plants both In this country countr and In Mexico by tho the Influenza epidemic The Thc latest In information In- In formation from Mexico Is that the tale In influenza In- In troubles havo have taken n a 0 iJ decided turn for tor the better beter and that the tho 1 long long- delayed completion of ot the tho addition to tho the mills mis Is progressing favorably ta with wih the tho expectation that tho the nd additions to both of ot the mills mis will be running shortly short short- ly 1 after the first of ot the year clr At the coal properties In Utah the I mined In eleven en months of or Ins 1918 to November No- No NoI I vember 30 was tons as compared Compare compared com Com- pare pared with wih 81 tons In tho trio corresponding correspondinG corresponding corre corre- period of or 19 1917 i. i an nn Increase of or orn n per pcr cent Local Interest In this company compan centers centers cen cen- In tho smelting plant at Midvale near Salt I Lake the CI City the tho extensive mines operated at Bingham Inham and In the Centennial and antI Bullion heck lon Beck nul Champion mines worked In tho the district The Tho Ml alo plant handles lead ores both from the tho company's compans mines and ona onn on n a custom basis the com company pan being n a largo large purchaser or of silver lead ores from tram I 1 this an and other western western states The There ro Is also a n zinc lead separating and antl con cou- where tine the total unit working to the thc forces ll ld number plant I 00 men The lead bullion bullon produced produce Is sent to t the e company's 9 roner refinery at nt Gras- Gras soul Ind lad while the zinc concentrates I go o to plants In Kansas and Oklahoma |