Show COMPANY Ir PROFiTS Boston BORton advices say The Tue year 1909 1009 for tho the United States Smelting Smelling Refining and Min Mining Mm ing In company compan operating results fully as satisfactory as for fot lioS when not profits amounted to after 09 had hat been heen charged for depre elation administrative administrate and legal ex expenses expenses I As a matter of fact the not net I profits should slightly exceed those for the previous year This Tills means that fully full S per cent or 4 per share on ona a par of 50 60 was wa earned corned on the s of or common stock after 7 per ver cent was paid an shares of oC referred Ve We re understand that trat there is not one of oC the tho many departments corn com comprising the operations of tile the United States Smelting Smelling company compan that is IB not today showing a n not nel profit notwithstanding notwithstanding standing the continued depression In Inthe inthe the copper and silver sliver markets The common stock which is at present paying dividends of 2 per share Sharo Is today distributed among 2 00 shareholders while the preferred Is hid by oy no fewer few r than share shareholders shareholders shareholders holders While the common Is earn oarn earning lug ing III more than double the tho dividend now being paid pal no thought Is being given glen to nn an Increase until such a time as there Is a better belleI metal market Report la in a Boost J Managing Director A F Holden has returned from s a tour of the com corn compan pan western properties naIl and reports Improvement at every eer point He notes noLes greater efficiency In the man management anti and administration of the various mines and smelting proper properties properties ties tics and ant a noticeable spirit of or push and energy which means so 80 much In the sum total of operating results At tho the compans Mammoth plant In California there are five fie furnaces In commission treating on an nn average of oC 1000 tons lons of oC ore per por day da The compans copper production at this point Is at tho rate of oC something bet bel better belter better ter than limn pounds of cop con cepI copper per per ounce I |