Show HIGHLAND BOY SMELTER The Management Authorized to Expend Ex-pend 250000 on Enlargements At a meeting of directors of the Utah Con operating Use Highland Boy mines at Bingham and the smelter in the valley val-ley the directors at a meeting In New York last week authorized tho expenditure expendi-ture of viiOOOO on enlargements at the smelter hich will add 10 per cent to Its present capacity says the News Bureau Bu-reau of Boston Contracts will he placed immediately and owing to the changed business conditions It Is believed be-lieved that the company will have no dllllculty In securing the early delivery of new equipment and that within less than six months the Utah Con will be turning out copper at the rate oC about 20000000 pounds per annum and earning earn-ing dividends upon Its stock at the rate of between 1 and Z6 per share even though copper should seek a 12cent level 1 AVe understand that the voting of the SliSOOOO out of earnings for smelter smel-ter changes will In no way Interfere with the purpose of the company to declare de-clare another semiannual dividend this year of 1 HO per share In fact that such dividend will be declared in December payable In January Tho elevation of the main stack at the I smelter to a hMghih of 250 or fifty feet above til1 former summit is now In progress while the contract for the long dust chamber will be awarded tomorrow tomor-row rsald Mr 1 Fischer the superintendent superintend-ent of construction |