Ontario Community Newspapers

Porcupine Advance, 13 Sep 1928, 1, p. 6

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GUTHROâ€"MONCK SYÂ¥NDICATE MEETS GOOD RESULTS IN WORK A recent letter received from Mr. J. Guthro who is at the Guthroâ€"Monck Syndicate property in Red Lake disâ€" trict says:â€" "We have a gang of men working on Thursday, Sept. 13th, 1928 PA | L K YÂ¥ NESTLES MILK CANADA‘S K OW C the Guthroâ€"Monck Syndicate claims. We are working on to promising breaks running about north and south. They run parallel and ten feet of greenstone between them. We have the east break opened up for five hundred feet. Both â€"breaks are well mineralized. Both pan gold. We had some chanunel samples out of No. 1 pit on the northâ€" west break, across seven fe.eet, run from $7.00 to $13.25. No. 2 pit on the west break is sixteen feet wide and we haven‘t got the west side. It is heaviâ€" ly mineralized and pans gold." THE PORCUPINE ADVANCE, TIMMINS, ONTARIO Decision as to when the next mecting of the Northern Ontario Associated Roards of Tradse should be held, in the cv:n‘~>~ of the members of the Timâ€" mins Board. The proposal has been made that the next meeting of the Northern Ontario Associated Boards All should remember the meeting of the Timmins Board of ‘Trade in the town hall tomorrow (Friday) evening, commencing at 8 pm. Further, all business and professional men and all others interested in the welfare and advancement of the town should miake a special point to attend this meeting toâ€"morrow evening.. The last meeting called for the Board of Trade was adâ€" journed on account of lack of attendâ€" ance. To offset this fact, there should be an unusually large attendance toâ€" morrow (Friday) evening. The questions to be before the board are certainly such as to warrant the largest attendance of good citizens. Here are some of the mattsrs to be dealt with:â€" Correspondence of various kinds reâ€" ceived since the last regular meeting. [IMMINS BOARD OF TRADE MEETING TOMORROW NIGHT Many Important Questions to be Before Meeting in Town Hall Tomorrow (Friday) Evening at 8 p.m. than has been doneâ€" at some other celebrations, for the history of Old Home Week celebrations in many other towns has not always been one of finâ€" sncial successâ€"in fact quite a few have had to face deficits after the excibement was over." Usually the Old Home Weeks conâ€" ducted by the towns and cities on ocâ€" casion wind up with a deficit to be met. In some cases the loss has been a comâ€" paratively serious one, It was not so in the case of Pembroke, Ontaric, and its Centennary and Old Home Week this summer. Not only did Pembroke give its old boys and girls a wonderâ€" ful welcome and a "whale of a time," but the big event was conducted so efficiently that there will be a balance to the good. Accordingly, it may now be set down that the Pembroke event was a o@mplete, allâ€"round success in every way. In reference to the finâ€" ances The Pembroke Standardâ€"Obserâ€" ver last week says:â€" "Pembroke‘s Old Home Week was not an outstanding success financially, but it will be gratifying to many to know that the committee will be able to show a surplus, While it will be a week or ten days more before the committee will know definitely just where they stand, the secretary wrote the Town Council informing them that there will The completion, without event, of twelve thousand miles of air travel over most treacherous and unknown "bush country‘"‘ by "Bobbie" Cockeram and "Pete" Graham, with L Berge as pilot, is a feat that demonstrates in no unâ€" certain manner the feasibility of prosâ€" pecting by air. Given a good pilot, a good machine and common, ordinary, unadulterated, everyday horseâ€"sense the airplane wilil prove a most imporâ€" tant factor in the exploration of the greatest, and probably the richest, mineralized belt in the world, that stretch across Northern Canada. THOUSAND DOLLAR SURPLUS FOR PEMBROKE‘S CENTENNARY In an editorial note The Mining News, of Rouyn, says:â€" Mr. and Mrs. E. Schelletier are again conducting the Veteran House, at the corner of Cedar street and Fourth avenue. They are the owners of this property and formerly conducted the house with marked success. The last tenants having recently vacated the property is again being conducted by Mr. and Mrs. Schelletier with their usâ€" ual efficiency. Mr. and Mrs. Schelletier are oldâ€"time pioneers of the Porcupine camp and will be welcomed back here by all old friends. FEASIBILITY OF PROSPECTING BY AIR NOW DEMONSTRATED ;e a favourable balance of about $1,000. While this surplus is perhaps not as arge as some anticipated, it is better MR. AND MRS. SCHELLETIER BACK AGAIN AT VETERAN HOUSE it is up to the citizens of the town to cay what should be done in such a case. Accordingly, there should be a large attendance at the meeting on Friday of this week. The keepingâ€"open of the "back road" to the Paymaster and other mines. This is a question of great interest and importance to the business people of the town. Some progress has been made in the matter of plans to keep this road open. All should turn out to the meeting so that proper decision may be made in this matter. Arrangements for the entertainment of the Canadian Tiket Agents‘ Assoâ€" clation which is to hold its convention here on Sept. 18th and 19th. This event is only a few days away and arâ€" rangements should be attended to at once. The convention is a very imâ€" nortant one and the delegates coming here being from widelyâ€"separated points in this eastern part of Canada and being in daily touch with a wide circle of the public, should prove good jublicity agents for Timmins if they are favourably impressed. In any case should be held at North Bay on Octoâ€" ber 9th and 10th, at the same time as the meeting of the Ontario Associated Boards of Trade which is holding its annual meeting for the first time at North Bay. Some think that it woeuld assist the Northern Ontario Associated Boards to meet coinadent with the Onâ€" tario Associated Boards "And the atâ€" tendance of the delegates at Nortm Bay at that time would give additional prestige to the North. On the other hand, many feel that only confusion would result from attempting to hold both conventions in the same city at the same time, and that the Northern Ontario body would be overshadowed by the provincial one. Timmins, of course, is only one of the boards asked for an opinion on the matter, but the real opinion of the majority here should be made plain. The only way this can be done is by a large mumber attending the meeting Friday evening this week ard expressing their epinien in the matter. Report from the committee im reâ€" sgard to the new tourist camp for Tanâ€" mins. Wifeâ€"â€""You think so much of your old golf that you don‘t even remember when we were married." Jonnâ€""Surely I do. It was the day after I sank that thirtyâ€"foot putt." â€"Exchange A despatch from Cobalt last week says that further changes in the perâ€" sonnel of the provincial police of the district are expected at an early date. Constable B. A. Kennard, who has been stationed at Gowganda for the past four years, is being removed to Finch, near Ottawa, it is stated. The necesâ€" sary authority has been granted for this change, but it will rot go into effect until the return of Inspector Moore, who is holidaying in the south at present. _ Constable Hartleib, forâ€" merly of Larder Lake, has arrived in Haileybury to take over the post there, and it is probable that Constable George Delves, of Timmins, will get the appointment of sergeant at district neadquarters at Cobalt, vacant by the transfer of Sergeant Frank Gardner to Cochrane. No official announcement regarding Constable Delves has yet been made, and the matter is underâ€" stood to be under cousideration at Toâ€" ronto. These examinations, held at conâ€" venient centres through the North are of great service and advantage to those wishing to qualify under these tests. FURTHER CHANGES EXPECTED IN PROVINCIAL POLICE FORCE Timmins, High School, on Friday, Sept. 21st, at 9 a.m. Gold has a ready market; silver and €opper can be sold; Canadian lead and zinc , producers are enlarging their markets; the nickel companies have a practieal monopoly. The problem in mining is not so much to find a market as to find a raw material. We worJer if the Canadian manufacturer or other industralist is working any harder at his problem than the miner is at his. The greatest search for minsrals that this or any other country has ever seen is now in progress. At Haileybury, High and Technical School, Monday, Sept. 17th, at 1 p.m. Kirkland Lake, Miners‘ Union Hall, on Wednesday, Sept. 19th, at 9 a.m. Mr. Scott of the Board of Stationary and Hoisting Engineers, Toronto, will be conducting examinations in this disâ€" trict for those wishing to secure cerâ€" tificates for stationary and hoisting engineers. The examinations to be held in this part of the North Land in the near future are as follows:â€" Unfortunately, the Bureau has not tackled the dividendâ€"paying minimy stocks, so we will have to do it ourâ€" selves. Taking mining stocks at their current annual dividenrnd rate and their high for the week ending Tuesday, August l4th, we arrive at the following Dome, 12.3 p.c.; Hollinger, 12.7 p.c.; Keeley, 16 p.c.; Lake Shore, 3.72 p.c.; MciIintyre, 4.54 p.c.; Mining Corâ€" poration, 7.69 p.c.; Nipissing, 6.99 p.c.; Teckâ€"Hughes, 6.37 p.c.; Wrightâ€"Harâ€" greaves, 3 p.c.;. Internaticral Nicke:, 2 p.C. These ten stocks have an average vield of 7.73 p.c. Not so bad, not so bad! Of course, we know all about the argument that mining stocks are not bought for yield. We know that mining is a "destructive" business. as contrasted with the productive activiâ€" ties of manufacturing. But the kttle factors of keeping up volume of sales, of opening new markets, of worldâ€"wide competition in marketing, of keeping costs of production down to meet prices at which lowâ€"cost countries are willing to sell; these little problems are inherâ€" ent to mercantile industries. Paper producers are having their troubles, power distributors and transportation companies, public utilities, oil and food producers are not sitting on top of the world. EXAMINATIONS FOR HOISTING AND sSTATIONARY ENGINEFRS The drynass of statistics is proverbial. Figures, it is true, can be juggled. Lots of people have lost their respect for them in late years. Yet occasionally the Dominion Bureau of Statistics, a distinctly impartial body, without any cleavers to sharpen, presents a series of percentages attractive for what they reveal in all their baldness. The Bureau has been working on yield. It has taken 73 Caxadian inâ€" austrial and public utility dividendâ€" paying stocks for July and wrought on thentr to some effect. Its labour reveals the illuminating fact that 53 industrial common stocks yvieided 3.43 per cent. for the month of July; 14 utilities yieldâ€" ead 3.65 p.c. For five iron and steol stocks the rewirn was 3.43 p.c., and so on. The highest yield reported was 5.04 p.c.., in six textile and clothing stocks. Contrasting Returns from Mines and Other Industries In an editorial article recently The Northern Miner said:â€" nuine bloodhound?" Here Oscar, come here

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