Show DOUBTS SMELTER STORY VicePresident of Trust Questions Report Re-port from Denver TRIBUNE SPECIAL New York Dec L Wall street was more or less Interested In the report from Denver that a number of smelt I ing and refining companies Is being formed and will build three smelters to 1 cost 51000000 each at Denver Salt Lake and In Mexico Diligent inquiry however how-ever failed to throw any further light on the subject than that contained In the dispatch VIcoPresldent Barton Sewn of the American Smelting company com-pany the socallud trust which the reported new company Is understood to be making ready to light discussing the matter said I We do not believe there is anything whatever in the story The fact that no names are given Is of itself suggestive sugges-tive of the faklshncss of the report I may say that we have a number of re ilncrlcB sy in the districts mentioned two in Denver two In Pueblo and two In Utah with a third building there to cost 51000000 In relation to the negotiations for the control of the Guggenheim plants they are continuing but there Is nothing new to way We have a meeting meet-ing shortly to discuss the whole matter mat-ter about the middle of December I may say in passing in relation to certain cer-tain reports that f > o long as our company com-pany IH borrowing money to any extent wo will not care to consider the payment pay-ment 00 dividend on tho common stock Our business Is a large one and we need a good deal of money to carry IL onJ I |