Show AMERICAN SMELTING SM ANNUAL AN UAL W S McCornick Is Elected a Director Director Director tor of the Corporation New N York Sept 13 At the annual meeting of the stockholders stockholder of ot the Amer American AmerIcan Amerlean ican lean Smelting Refining company campan in Jer Jersey sey City today the retiring board of di dl directors directors rectors were reelected eted with the exception of W S McCornick of Salt Snit Lake Jake City who was yas elected in the place of Edmund W V Nash deceased The report of the American Amerlan Smelting Refining company for the year ended April 30 was made public today It showed net earnings for tor the year of ot SS 8 11 an increase of as compared with the preceding year After payment of ot for the tilt ing fund fundS for tho the new construe construction tion Uon and improvements and metal stock account and for dividends there was a surplus for ve e year ear of a decrease of a aThe The dividend payments of rep reo represented rePresented resented an increase of over the payments ments for 1904 lOOt An increase of 01 2302 30 STO ro In the company investment account accountis is explained to be due to the t e purchase of shares of series seles B fl preferred stocK stoc of the American Smelters Securities ties tie company The report sets forth also that the com corn company pony pany has acquired shares of ot the common stock of the American Smelters Securities company and the value vt lue of this stock is not shown In the investment inv ac so account count of the American Smelting Refining tog lIng company compan |