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Show MADE MUCH THROUGH DEAL. The C0.00O shares of the United States Smelting. Refining and Mining company, recently bought by a local syndicate, have all been sold to investors, in-vestors, says the Boston Financial News. These shares were to be disposed dis-posed of In blocks of from 2,500 to 5.000 and It Is likely that both the syndicate and the investors have made a profit on the deal, as both the preferred and the common shares have been very strong in the past few weeks. At the recent annual meeting the following directors were elected for four years: William Barbour, X. W. Rice, Frederick Aver, Edward B. Bayley and D. A. Ritchie. Tho prospects for the current year arc considered particularly bright,, owing ow-ing to Oie advancing prices of lead and silver, of which metals the com- pany lg a large producers. It is estimated esti-mated that If net earnings were maintained main-tained only at the rate of the last six months of the fiscal year ending December De-cember 31, 190S, profits would be equivalent to 11 per cent or $5.50 a share on the common stock and with tho better metal market may run up to $G or $7 a share. |