Show LEAD STACK FOR TOOELE the international smelting smelling Sm elting refining company has made arrangement for the con strut coi col of a lead smelting smelling sm elting works in the utah district where its copper smelter is located there will be no stock issue in connection with the new construction work the entire plant will be paid for from current earnings the net profits of the company are now running at the rate of about 14 per cent on the stock the new smelter has been in operation a short time only and will not begin to contribute a large amount to earnings until the latter part of the year the last annual report showed that the international had on hand cash compared with a capital stock of surplus earnings have added largely to surplus since then new york copper curg and mining outlook |