Show UNITED STATES EARNINGS bulletin bingham utah the united states smelting smelling Sm elting refining mining company in common with most mining companies is now showing a substantial increase in its earnings for the month of september net earnings amounted to about and that the october figures will probably show an increase over september as the company settled for copper that month on a rising scale of the september earnings the pachuca property earned in excess of net and the mammoth company in excess of while the centennial eureka its lead producers and lead smelter in utah U tah and the miscellaneous sources of income made up the balance of net earnings utah lead operations are now on a substantial earning basis and the company is deriving substantial benefits from its bingham lead properties which have been tied up lip by litigation until this year with silver at the lowest point for years t the e real del monte company all of which stock is owned by the united states smelt ing refining mining company is operating at full capacity though its output will probably be larger when its mills are thoroughly attuned and is earning in excess of per month it is considered conservative serva tive to figure upon earnings of at least per annu annum m from this property from now on net earnings of per month are at the rate of per annum it requires for the payment of the aper 7 per cent dividends on united states smelt ing preferred stock which would leave a balance of for the shares of common stock or 7 per share as against present dividend disbursements of 2 pe per share As there is every evidence that these net ined earnings can be not only manntai maintained but improved upon especially as the company in the past has shown net earnings as high as per month without any returns from its mexican property there is reason to anticipate a restoration of the old dividend rate of 4 per share per annum within a reasonable time |