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Show AMERICAN SMELTING MAKES GREAT PROGRESS Company It Expected to Move Independently of -Copper Group. j NEW YORK, Dee. H OortrnrA by I factors which 1o not obtain in case 1 of .copper rompanlea, American HmeltltiK A Refining may be expected ' to move Independently of the copper croup In readjustment period. One-j One-j third of Its net profit In normal times I la derived from Ita Mexican properties. proper-ties. Income from thla source has virtually heen cut off the laat five years, hut the outlook la brlprht for iiimii aliiina uraiillially al nmnrlly ha, low the Klo Orande next year. In view of worldwide Bhortaffe of silver, continuation of high prices for the white metal Is anticipated. Mil-ver Mil-ver mining was an Important revenue I producer for Ameiiran Hmeltlng be-! be-! fore banditry upset Mexico. Kven at prewar silver prices. 16.U0S.900 was only a fair average return from Mexican Mex-ican activities. This wss equal to $1 a share on common stock. The company's tin output baa now reached a point where It futures substantially sub-stantially In Income account. Facilities Facili-ties at Perth Amboy refinery for producing pro-ducing electrolytic and blast furnace tin have been expanded to capacity of 1200 tons monthly, and actual output la running at .1000 tons monthly. Hulk ot materials for treatment comes from Itolivta In form of sO per cent concentration. Belief long exlated that Bolivian tin could not be profitably utilised In this country. American Hmelllnrs metallurgical staff, however, found a new method of turning out commercial tin. This not only proved lucrative, but relieved acute , shortage resulting from wsr control of Australian and Straits tin by the Ljondun government. American' Hmeltlng baa made gl-gantlo gl-gantlo forward strides since It en- terea copper rviming in jvvi. n ' started with a capacity of eO.oOO.tMK pounds a year. In 1114 It refined 129 HH4.00O pound of copper. -I Expenditures of II.IQi ItO In 1111 for new property and addition! brought smelting and refining capacity ca-pacity to l.lIiO.ooo.Oou pound of electrolytic elec-trolytic copper per annum. Th company com-pany I now refining at actual rait of 1.000, 000. 000 pound yearly. BOSTON STOCK tXCHANOH CLOU R. K. Hutton A Co., members Nee York stock exchsngs, 26 Ksst Houth Tern-pis Tern-pis street, furnlsti ths following quota. tlona, received over Iheir private wires: I Bid. I Asksd. Adventure T7 10 Arixona Commercial ... 11 US Calumet A Ansotia .... V 64S Copper Rangs 44 44 S lsly West IS I hast Hulls IS Isle Roysle 2i 25 S lks Copper I Is Mohswk '4 05 Mason Valley 24, IS North Butte 12S 12 Pond Creek US 13 Hhsnnnn IS IS Superior A Boston IS Huiietior Copper 7 TS South laike ............. 1 IS South Utah 11 11 Swift A Co. 121 114 Tuolumne 79 2 Trinity Mi 1 V. Shoe Machinery .... 45 45U, Ctsh Apex ., 14 IS t'tsh Metal ! IS IS Utah Con IS I OMAHA LIVESTOCK. By Asseclsted Press. OMAHA, Pee. Hgr-Hogs Receipts. M.-000; M.-000; steady. Heavy 114. 750 17.11: mixed, 14. 104317. M; light. . Ill Mtr 17.10; pigs, Ill.OOtjli 50; bulk of asles, I14.40IJ17.10. Cattle Receipts, 9500; market, best stronger; others weak. Native steers. 111. iliy ll.OO; cows and helfera. I4.50v 12.10; Western steers. 1 . I0t I4.e; Texas stserfl. 14. 507 12.21; rsnge cows snd helf-ere, helf-ere, I4.004X II .25; canners, 15.0094.25; etockers snd feeders. 14. Mil. 11; calves. 17. 10011. 71. beep Receipts. 11.100; market strong, lower. Culls. 14 504J7.50; wethers. 110.00 ttll.OO: ewes, 17.5049.25: lambs. 111. Kit 14.75; feeder lambs, l.IOt14.1i; yearlings. year-lings. tl.ivPU.I0. NORTH SALT LAKB LIVESTOCK. Csttle Receipts M; msrket stronger. Choice heavy eleers, ft I .i' 12 00; good steers, weighty. 110.0041 II. 01; fair steers. .4H4t9.imi; choice cows and heavy heifers. heif-ers. 17. tow 1.211 fair to good cows and heifers. I 507.26; cutlers. IS.aoei i. 75; I csnnersi 4.Kl4l4 75; fst bulls. 14 5ti7.0e; ! bologns 1"ils, l5.B04J4.2t; veal islves. j 19 5"4ll.o. I Hose Receipt s. 124; 25o higher: strong I demand. Choice smooth fat hogs, 1 16 to 21.0 lbs . tups. 114.00. Sheep- Receipts, 1044 Choice lambs. I12.50v14 00: fst wsthers, IH.r.owl.iO; fat ewes, e4.50w7.50; feeder ewce. 15.100 .l0. I CHICAGO PROVISIONS. By Associated Press. CHICAGO, lc. IV. Butter Un-, Un-, ' ' anted. Kegs Htgher; receipts, 1443 cases. Klrats. tltilSc; or -Unary f!rt.ti, tfcsoc; st mark cases Included, 0tfi2-iC. I'oTatoea Isomer; rei-eipts, Ik rmrm. Wle-4-yntn. Mlchiiran and Minnesota, bulk. Si 61 ,0; Wisconsin. MUhlgan and Mlnntsota. sacks, II 1 .60. Poultry Alive, unsettled. Fowla, 19', B-!"ic; springs, 24c; turkeys. Sic. NEW YORK FINANCE. By Associated Press. NKW VOHK, Dec. II Mercantils paper I'tichatiged. j tsterling lny-blU4 unchanged; demand, $4.76.70; cabltrs. 4.7S. , Franca Leuiand. I-J.43H; cables, j $S.44. ;ut)dsrs Itcrnand. 4Zc; cablea, 42c I.tres Uncha nird. McUcan dollars L'nchanged. Time loans Strong; unchanged. Call money t-Zasy; hlirh. c; low. 4c; ruling rate, 4c; cloning bid, 4c; offered at 4 He; laat. loan, 4laa |
