Show international GIVES OUT ANNUAL REPORT the first annual report of the international na smelting smelling Sm elting refining company reviews the incorporation of the con pany in december 1908 and the organization of the board of directors in much march 1909 the first property acquired was a contract for smelting smelling sm elting the ores ot of the utah consolidated mining company the company purchased from the united metals selling company all of the capital stock of the raritan copper works the raritan terminal transportation company and the new jersey storage warehouse company contracts for the refining of copper pr provide ovidea a sufficient tonnage to keep the plant ajan t in full operation the results obtained have been entirely satisfactory and the earnings are shown in the attached statement of the company for the year yea r ending dec 31 1909 the thoele tooele valley railway company was organized under the laws of the state of utah to build a railroad from the main line of the san pedro los angeles salt lake railroad near the city of thoele tooele in in the tooele thoele valley to the smelting smelling sm elting plant thi st road has been fully completed and has been in operation handling the material and supplies for the construction of the smelting smelling sm elting works its earnings are included in the attached statement the expenditures upon the plant railroad and lands for the smelter site during the year amounted to the plant is now nearing completion and will bi be read to operate actively august augat 1 1910 the company will store tons of ore during the month of july and commence active smelting smelling sm elting operations aug 1 the firing up of the furnace will be done july 35 15 the company paid two dividends of I 1 vi per percent cent each in 1909 and placed the stock on an 8 per cent basis early in 1910 |