Show AMERICAN SMELTING CUTS DIVIDEND IN TWO New York March 2 Directors of the AmerIcan Smelting Refining com corn company company pany today declared a quarterly divi dividend dividend of 1 1 per cent on the common stock This compares with a quarterly dividend of 2 per cent on the common stock for the thu last l it previous T quarter The directors today also de tie declared declared dared a quarterly dividend of 1 H per percent percent perCent cent on the preferred stock which Is unchanged from the last previous quarter quarter quarter ter |