Show UNITED STATES SEES SITUATION IMPROVE IMPROVEs Is s Earning M More ore Than Dividends Divi Divi- With Utah Plant Closed A Boston director of or the tho United States tales Smelting Relining Mining company Is quoted as saying th thit that t the mining and smelting situation is show- show ng some improvement that his com com- any pany th the last three months has more mor morelan than lan earned the dividends dl it I has do do- dared lared the on l preferred and common stocks According to the same authority the united States company Is now outputting output- output ting Ung pounds of copper a month fm the Mammoth smelter of or which 1 5 0 pounds represent Mammoth production and pounds UI PO S come corne core from the Centennial Centennial- Eureka gurela ores which are arc now being shipped to California Tho The principal 1 values of ot the Cent Eureka Eureka ores however are gold and silver sl This his copper is almost the tho cheapest pro- pro In In the United States Leaving out of ot consideration the rich Centen- Centen Eureka nial-Eureka the Mammoth ores company company com corn pany Pan has lias shown ability to produce Its as ts copper at as low Iowa a cost at 7 2 1 cents crediting gold Sold and silver siver values against the tho cost of ot the co copper pcr The he capacity of ot the Mammoth smelter Is now no t. t 1500 00 tons of or ore a n day The United States company is also now deriving substantial net profits from its Is Pachuca property in Mexico It I Is Is however howe losing losing a considerable cu custom tom bm business in Utah by reason of oC the continued shut down of oC Its It Utah smelters Its Is smelter at ham Junction however Is being considerably consider co ally ably enlarged and improved but it 1 will wi not go 10 Into commission sIon before August 1 1 5 1 Promoted I FJ-d FJ Frederick rick Lyon Lou who has received tho the appointment of assistant manag mana- managing fag ing InS director of ot the United Stat States s Smelting Mining company has las been connected with the tho company from its Is Ho was a a. surveyor for Eureka Centennial n before that company went vent Into the tho United ed S States at s combination He was then appointed mechanical of oC the thc United J Stales company then thon engineer engineer engineer en en- In charge harge of all aU of oC 11 the lue construe construe- tion ton work From that l position he vai as promoted to general manager of th the thc Mammoth company Ho He built buit th the Mammoth smelter and also supervised supervised super super- SUTer- SUTer the election of or the ham Junction plant so that ho he has n a thorough h o of oC both bolh tho the mInIn mining min mm- In ing and ant smelting ends end and ho he hI has a n. thorough knowledge of every compan company com corn Mr Mt pany pan controlled by the Lyon has been considered for his present position of assistant mana managing in director for tor the past two years eat I |