Show ABSORPTION American Smelting Co Takes Over the tho Guggenheim Pants CHANGES Oilier of 01 to 10 tit lie 1101 Cu Notes An n AssocIated P Press dispatch from Denver toda today conveys news new or of the Ihl absorptIon of oC the GuggenheIm smelting plants by the American Smelting and Refining company The following par are printed In the Denver News upon tile the authority of oe a New York man who hat has jut just arrIved In Denver absorption ot of tb smeltIng plan plants by the American Smelt Smell lag 1111 Trust hu his been accomplished Daniel Guggenheim hu has been blen named ac chairman of oe the board of directors with headquarters In New York Turk and ami exten sly Iv changes itt hi of oe carrying on tite work fit of the concern will willbe willbe be announced at an n early they day rite rb are alf 36 35 per cent ot of otIbe the Ibe stock ut of the company the Ule to bIll 1 being doo In ni to 10 which lire are known knolAn to 10 ripsi men In the consolidated lion the magnates who ar are handling the have hae agreed II H W V ash Of t On Omiha ha I is to In con as of the company And CloY J H D Orant of oC this City I Ito is isO to O chief of oC the operating boan Arnon the changes tie de upon Is II tb the abolishment or of the of oC th the Up to the present tIme tear nr r I every one o ol tits has hili hall had It a at a salary Iary ranging from tom HUGO to a Year These of ic ices are ale to bl be wiped out oUI anti each smelter is II to hi A SU who I Is to report to the head In charge of oe Orant hant The of the or it general manager will wll erred effect a 1 saving It I I ii slId did or of to 10 a year and ad other which are to tollo al aa present III stable the corporation to 10 save lave not leit than ban a year rear In salarIes alone his I is said ald to be one of oC the condItions condition saluted upon by the be fol ore the they will R agree ree to pool their In Crests with the JIg big combine |