Show AMERICAN SMELTER DENIAL Colorado Plants Not to Close Better Prices for Lead in Sight Denver Jan 2 Franklin Guiter Guiterman Guiterman Guiterman man general manager of the American Smelting Refining R company when asked today regarding the truth of the dispatch from Helena Mont last last ast night that the Colorado smelters were to be closed dosed down or wages reduced said he lie was very optimistic over the situation The matter was considered at a conference some time ago he said and it was agreed in a tentative way to reduce production This was be because b because cause there was w no market for lead one of the principal productions of oC the smelters of Colorado Since that meeting he ho has received advices from New York that there is isan Isa an a increased demand for lead and be believes believes believes the decision will wilt be revoked If It however the demand falls off ofT again it will vIll be necessary to curtail its production production production tion and in order to keep I the smelters running there will be a reduction In wages This however will be slight and not 10 per cent as mentioned in inthe inthe inthe the Helena dispatch and it will not be general He believes it will be ne necessary necessary cessar he said to either cut wages wag s sor or reduce the working forces as his latest advices indicate the demand for lead will be sufficient to keep keel the smelters running in this state on the same basis as at present Helena Mont Jan 2 Manager A AM AM M 11 Smith of the Helena plant of the American Smelting Refining compa company ny today made specific denials of the story telegraphed from this city last night that he had said It was the In of the corporation to close sev several several several eral more m re plants throughout the coun country country country try What he said was that several smelters s had been closed reference being made to the th Utah plants He said that when normal conditions resume he would not be surprised If wag was wags s were restored The smelter here will hold a meeting soon to con consider consider consider sider the matter of accepting the 10 per percent percent percent cent cut or closing the plant by strike |