Show AMERICAN SMELTING DIVIDEND fe e Daniel Guggenheim Named as President President President dent of Company New Now York Sept 14 The directors of or orthe the American Smelt ins Refining com corn company pany peny today toa declared a quarterly dividend of ot 1 per pr cent on the common stock This is an advance of to 1 per cent over the thelast thelast thelast last previous rate rte and increases the divi dividend dividend rate rte from 8 0 I to T 7 per P e cent nt The rag ra ular tiler quarterly dividend oi of o 1 on n the pre pro preferred stock stok was also als declared Daniel Guggenheim was elected president pr l dent of the company C ny succeeding the late Edward W Nash Nuh The TIme chairmanship ot or orthe the board br previously held by Mr Ir Guggenheim Guggenheim heim helm was as abolished Mr Guggenheim also als succeeds the tho late Mr 11 a ast as a president of the American Smelting Securities company cm pan Edward Brush DruMh secretary of the smelting corn com company cm pany ln was waa elected el ted assistant to President Pr Guggenheim Gug |