Ontario Community Newspapers

Porcupine Advance, 3 Jan 1935, 1, p. 6

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~~~~~~ e * Pbrcnpine United. Gold Mines Ltd., finc Dptarlo company, is the operating nd whollyâ€"owned subsidiary: of Porcuâ€" ine. United Gold Mines Inc., the ar incorporated with a Delaware Â¥ The two companies own a "-'fif : ,lazge number of properties in the Porâ€" cuplne area, Northern â€"Ontario.. They also h01d 468 750 shares of Gillies Lake« Gold Mines Ltd., and 128,> 730 shares of South Porcupine Gold Mines Limited. In addition they hold m optton on 100,000 shares Of Gillies . oo l 4 o Vnss e e o e se s i i t s e i sA PCAAA A iA A A A A A tA e e n e a e cA i‘ a l a t i n 4 n i D . . o i C P K Particulars Regarding : Porcupine United Gold dated August 31, 1934, shows cash, $4,042; notes receivable, $1,500; acâ€" counts payab.e, $5,4090; mortgage reâ€" ceivable from Gillies Lakeâ€"Porcupine Gold Mines Ltd., $59,039; accrued inâ€" terest recelvgble,' $6,889; operating deficit, $238,606. . Liabilitiecs include aooounts payable, $5,409; accrued taxes, $2,139; bank loan, $26,704; notes payâ€" ablé, $2,750. A mortgage of unstated maturity and security stands at $83,â€" â€"~_ _ From The Northern Miner ‘‘The consolidated balance shect of Porcupine United Gold Mines Ltd. and Porcupine United Gold Mines Inc B 71 Third Av. Timmins â€" Phone 327 ‘~ The greatest character of French detective fiction, whose exâ€" â€" ploits have been followed by millions of readers, comes to life / again in a thrilling and mysterious new tale which will grip you _ from start to finish. ‘ .. You‘ve guessed it, he is Arsene Lupin, smiling, debonair as always PWA .4 iÂ¥ 5 ie y V PCY Pnd ds ®*Ag+ 41 is ) and with the same uncanny ability to remain two jumps ahead of everyone in this latest account of his:adventures. . Arsene Lupm T i " . w fo ts fd C3 n |_ ‘A »~deputation from the Ontario Bandsmén‘s Association waited upon Hon. H. C. Nixon some days ago asking the Ontario Government amend exisbmg legisittion so that small towns and villages may charge up to one mill in the tax rate for support :of a muniâ€" ‘cipal band. Captain John Slatter, of Toronto, who headed the deputation, ‘told the acting premier that under the | present.conditions it is possible for a number of council to block a grant to a band even though the people as a whole are strongly in favour of it. It was also pointed out that a band | was a direct asset to a community as i well as being a means of entertainment ‘and pleasure. ‘ Asking Legislation to Provide Aid to Town Bands Porcupine United Gold Mineés Ltd. has all its 1,000,000 authorized shares outstanding,â€" these being held by the parent company. The latter has 2,â€" 350,620 shares ‘outstanding ‘with a total of 3,500,000 shares of $1 par authorized. The- head office of the: operating comâ€" pany is at Tunmins, Ont., the officers being as follows: Frederick F. Grotz, 802 Iroquois Bldg., Buffalo, N.Y., presiâ€" dent and treasurer; Ray M. Stanley, viceâ€"president;, William J. Kam, secreâ€" tary. Both companies were incorporâ€" ated in 1928.> Lakeâ€"Porcupine. . ‘Operations in 1934 were confined to the making of geoâ€" logical surveys on ~several of the comâ€" pany‘s properties. Review of 1934 With the passing of another year in Legion history, 1934 will perhaps mark the biggest and best. From the very first meeting in January, 1934, all ‘hclights were (turned b> Ihaving a building of our own before the year closed. Committses were formed, but nothing could be planned to suit the majority. With the change of officers in April, President Austin Neame made the statement at the Vimy Banquet that his one objective would be to have the branch in its own quarters before his term ended. He has fulfilled his claim, but more of that a Mttle later! The Vimy banquet was the biggest and best ever held, and carried through in splendid style. The Spring stagette and draw for the purpose cf helping relief work, was outstanding, and: for this all credit is extended to Secretary W. D. Forrester. Bill can work wonâ€" ders ~with ‘Agures and his scheme on that occasion‘ worked to the extent of over a $1,000 profit which was just what the relief fund needed at that. time. Conklin‘s Shows was the next. big event. This carnival aggregation pleased large crowds and in addition gave employment to approximately 16 unemployed returned soldiers, these being paid by the local branch ‘of the Legion. Theâ€"summer season then was uponâ€" us and all here were busy talking Corps reunion. A very large delegation from the camp took in this historical event.: Our president was not resting! In company with Comrades Geo. Drew, Burt and Jamieson, he began to see way whereby the branch could secure quarters. These four then became the building committee, and after many long weeks of negotiations with the mines, Austin Neame announced that the building was on its way. A lot was bought on Cedar street south. The mines generously gave a very substanâ€" tial grant and loaned the balance to erect the clubhouse. The official openâ€" ing was planned for Armistice Day. Would it be completed was the next big worry. It . was! The civic parate on Armistice Day was one the outstanding events of the year, and a great achieveâ€" ment for those concerned in its plannâ€" ing. Capt. Jules Ferry, provincial presâ€" ident opened the hall. Since then the membership has increased by leaps and: bounds, till at the end of the year we find the branch the strongest in Onâ€" tario. The clubrooms in the new buildâ€" ing are equal to those of gentlemans home and the members are taking full advantage of them. In relief work much has been done. Several families in the outlying district have been well cared for. Those in town have a.lsoT been helped to a certain degree, and at Christmas the Legion looked aftcl‘ A Christmas Card? All those in receipt of government pension for war disabilities, were greatâ€" 1y pleased when in the mail on Dec. 20th, theyâ€"received their cheques. This in itself! was a very good move, and provided a great deal of convenience to those who have to count every cent Of relief fund ‘be able to accumulate instead of diminishing? Will Christâ€" mas of 1935 fail to see the necessity of a Charity Turkey Stag? Let us hope for Mr. McLean, in charge of the meat department, was preparing some fowl for the Christmas trade. He has preâ€" served the two organs and states that they are to be sent to Ripley for the "Believe It or Not" column. The two hearts apparently grew together in the breast of the chicken, the connection being at the larger ends. Each is fully formed and of about the size of an ordinary heart. Where the bird with the generous supply of the vital organ came from Mr. McLean does not know, and it is is the first time in a long exâ€" f that he,has seen anything of The Northern Miner says:â€""Gold production returns from the YOungâ€" Davidson mine in Matachewan . for November advanced it to sixth place among the Kirkland Lake producers, passing Ashley, Toburn and. Kirkland Lake Gold. All this output with a value around $70,000 can not be creditâ€" ed to November, however, as some was Obtained from October operation. In that month Youngâ€"Davidson ranked in ninth place. Considering the big 600â€" ton mill was only started up in Sepâ€" tember, the performance is very creditâ€" able and reflects much credit to the operating staff of Hollinger, pioneer Porcupine mine and tonnage exponent. It is still too early to compute average recovery per ton, but it is conservativeâ€" ly cstimated that millfeed from the large red porphyry orebody will average over .10 oz. per ton. Mining: of the ore is from open pit operations. The mill can easily handle 600 tons daily. Costs are the big factor in this underâ€" taking and every effort is being made to get them as low as possible in order to increase the indicated profit range." Chicken with Two Hearts Discovered at Haileybury The following from last week‘s issue of The Hailyeburian will be of genwl "The latest freak of nature to be brought to our attention is a chicken with two heants, or at least one that had two hearts before it fell a prey to the butchers knife. It was discovâ€" ered at the local Dominion Store when "By special order in council and on the recommendation of the Canadian Pension Commission it is possible this year to send your pension cheque so that you will have it before Christmas. In doing so the Minister of Pensions and National . Health the members of the Canaddan Pension Commission and their sbafl's"hope that it will be of asâ€" sistance to you at this season and send you their best wishes for a Happy Christmas and a Prosperous New Year. ~«~Donald M. Sutherland, Minister of Pensions and National Health. and F. G. Taylor, acting chairman, Canadian Pension Commission.. _A Happy New Year Af,ber all the joviality of the Christâ€" mas season, having as it had this year, a pericd of free spending, one looks forward to how the New Year will reâ€" aot. Will it continue? Will we be able to boast that all our unemployed reâ€" turned men will be placed into: remunâ€" erative work? Will the Timmins branch such things. One can only wish for these to happen when sending greetâ€" ings at this time. So a "Happy New Year and may it be a Prosperous one for all." , 4 . Youngâ€"Davidson Now in . â€"â€" Fifth Place as Producer ht ds oh.A WOV Eie CC S C se the pension received But enclosed. dn the official envelope, was a sort of Christmas card, printed on a very cheap grade of paper and with very plain type setting. To some this! was simply thrown away in the paer .basket at_the post office. Had the authorities made the enclosure in better. keeping to the season of the year, many indeed would have itreasurad the scrap of paper for years to come. For the beneâ€" fit of those interested the following is the wording <of lthe MWar Veterans‘ Christmas Card: s W. A. Devine, Box 1428 A ‘mew deal" for inswhich G. Q. P. will turn its back ,? "that. which has> proved‘ its : unâ€" ing, namely pr‘vate oneybags ‘of f~ the country," is. adv ‘ tor Gerald Nye (bove of Idaho at ‘New York mass meeting â€" "From , time â€" to time rumors . come to us about. contemplated changes in the: Company‘s financial affairs," says Mr. Carlisle.â€" "These rumors are usualâ€" ly unfounded, and it may ‘be that they are circulated for the purpose of affectâ€" ing the price of the company‘s â€" stocks. It is and has ‘been the policy of the company to advise its shareholders first of any material changes to be made. . I mention this so that you will not be misled by unfounded rumors." The Company has increased its volume of business as compared with that of a year‘ago, and has â€"also imâ€" proved its position in the . industry, says Mr. Carlisle, and enters the â€" New Year with a well balanced inventory, a good cost position and should be able to maintain _ its full share. of available business. An audited statement of the year‘s business and of the financial position of the Company will shortly be available for shareholders. â€" Englisn name of John Smith goes through some curious transformations when it is used in other Janguages, reâ€" lates the Albany Ledger: For instance John Smith in Latin becomes Johannes Smithus; in Italian he is known as Giovanni Smithi; in French he beâ€" comes Jean Smeet; the Russians ca‘) him Jonloff Smittnoski;, the Poles Some time ago The Advan?a referred to investigations under wat and inâ€" ventions being tested to 4uce silica dust in This ‘dust ism primary cause of silicosis and in â€"the battle against that diseaseefforts been followed for some time: along the line of reducing the dust danger) At the time The Advance last referrl to the matter it was stated that tle plans were ~still in: the .experimentdl stage. It appears that the. experimants are still : being carried . on, hopeful outlook for the probable result. Progress in the attack on siliosisâ€"a discase suffered by minersâ€"is aported by Sir Frederick Banting, headiof the department â€" of. medical ~research Uniâ€" versity cof Toronto. . Further @periâ€" mentation, however, must be dole. Contained in the annual: repprt of Dr. J. G. Fitzgerald, dean of the FPaculâ€" ty <of Medicine, is this statem ht on silicosis research: > "The work on the machine to rénove dust from mine air has been cofftinuâ€" ed by R. Franks. A unkt asâ€" sembled under the auspices of: the Onâ€" tario Mining Association has been tried out in the mines. . This dust precifitaâ€" tor was found to reduce dust founed by a blast in a mine drift from £000 particles per cc. to 200 within hal an hour. : Thus the principle of electifical precipitation has been established. | "However, many . ditflculties nave arisen in connection with the 'practicq applicationâ€"the present design of the machine is unsatisfactory. Purtheriexâ€" perimentation must be done both on‘ the design of the machine and on study of the fumes from the exha Goodyear Tire Business Shows Gain for Year 195; Toronto, Jan. 2nd. 1935.â€"Unfound rumors about changes in the financig affairs of Goodyear Tire and RubbG Co. of Canada, Limited, areâ€"dealt wi by the President, C. H. Carlisle, in hi letter to shareholders dividend cheques for the final quarte of 1934, which went out toâ€"day. know him as Ivan Szchittiwelski; the Welsh as Jihon Schimidd; the Hollanâ€" ders as Hans Schmidt; the Greeks as Ion Smikton, and the Spaniards as Juan Smithus, while in'mrkey he is distinguished as YÂ¥oe Seef. Advance Madg in the Attack. on S icosis University Repor . on ~Maâ€" chine «Devised ta Reduce Dust in Mines... ..Further Experiments Reported as Necessary. > i Try The Advance Want Advertisements Huntingdon Gieaner;â€"The good old SENATOR GERALD NYE en established. difficulties | have: with the practical sent design of thQ ctory. Furtheriexâ€" be done both: on achine and on the Increases in the price of milk are announced at Kirkland Lake, becoming effective January 1, 1935, following a conference between J,. A. McFeeters, chairman of the Ontario Milk Control Board and local producers and disâ€" tributors. Prices heretofore paid producers at Kirkland for milk have varied from $2.10 to $2.40 per cwt., and the retail price to the consumer varied from 12 to 14 cents per quart. ' The new schedule effective the first of the yearâ€"calls for a standard rate of $2.50 per cwt. to be paid to the proâ€" ducer, and a standard price of 15 cents per quart and eight cents per pint to the consumer. INCREASES â€"ANNOUNCED IN PRICE OF MIHHK AT KIRKLAND ‘"We think that the Chambers of Commerce erred in neglecting to int clude in its approved list of candidates for the board of the Bank of Canada a representative of the Canadian mining Representatives of the manâ€" ufacturing industry, the lumbering inâ€" dustry, the farming industry and finâ€" ance appear on the list. It seems raâ€" ther a pity to us that the mining inâ€" dustry has been overlooked. This inâ€" dustry toâ€"day vies with agriculture in being the most important single indusâ€" try in the Dominion. It has done perâ€" haps more than any Other to uphold the national credit throughout four years of world depression. Good minâ€" ing alone has proved a powerful facâ€" tor in enabling the National Treasury to meet the nation‘s heavy abligations in capital and interest falling due abroad. It has furnished the basis upâ€" on which the stability of Canada‘s curâ€" rency is founded. To such an extent has it done this that our dollar for some time past has stcod at a premium over the United States dollar. In adâ€" dition to all this the mining industry has provided a vast deal of direct emâ€" ployment in a time of unemployment. As a tremendous consumer of agriâ€" cultural and manufactured products it has stimulated employment indirectly in a long chain.of other industries." During the past sixtyâ€"five years there have been in our national life periods of great frospetityand of economic stress, years of war and peace, of epiâ€" demics and unusually good health, crop failures and abundant harvests. Throughout these years the Mutual Life of Canada has steadily grown from a group of five hundred policyholders in 1870 to a group of over 141,000 at the close of 1934 â€" during this year the number ‘of policyholders increased by over 2,500. At the close of each year the insurance in force has exceeded that of the preceding year. .. THERE IS A REASON Since its inception every dollar of profit has been returned to .policyholders as premium refunds, or is held in trust for their benefit, resulting in low net cost insurance. This record combine: with a high quality of service has built up this large body of satisfied policyhalders. s {of which §$59,000,000 rzbmnm dividends to living policyholders} There are many evidences that the pendulum is swingâ€" ing towards better times. We hope that all parts of Canada will share in this general improvement. The Goldfields Drug Co. A Happy New Year To All In 65 years the Company has disbursed under Insurance Contracts over OWNED BY POLICYHOLDERS $183,000,000 Service Fraserdale, Island Falls and intermediate points to Cochrane every Saturday ‘ana on Wednesday Decemâ€" ber 12th, 26th, 1934, January 9th, 23rd February 6th, 20th, 1935. s3 Service Cochrane. to Island ~Falls, Fraserdale each Saturday. and, Wednesâ€" day, leaving Cochrane 9.00 am. and to Mcosonee, Wednesday, December 5th, 19th, 1934, January.<2nd, 16th, 30th, February 13th, 27th, 1935. Moosonee to Cochrane, Thursday, December 6th, 20th, 1934, January 3rd. 17th, 3ist, February 14th, 28th, 19835.â€" General Freight Passenger:‘ Agent North Bay, Ontario. Daily except Sunday service between New Liskeard, Elk Lake and intermeâ€" diate points. Close connections at North Bay for points South, East and West, _ ‘Train No. 18â€"Porquis to North Bay daily except Sunday with connections from points onâ€"the Porcupine, Iroquois Falls and Elk Lake Branches and on Tuesday, Thursday and Saturday from Cochrane.. Through sleeping car serâ€" vice Timmins to Ottawa. Train No. 17â€"North Bay to Porquis daily except Sunday with close conâ€" nection for points on Elk Lake Branch, points on the Nipissing Central,, Kirkâ€" land Lake to Noranda and the Iroâ€" quois Falls and Porcupine Branches and on Monday, Wednesday and Friâ€" day to points north of Porquis. Through sleepihg car service between Ottawa For further particulars, apply to any T. N. O. Rly, Agent or Trains Nos. 46 and 47.â€"Through serâ€" vice daily between Toronto and Gochâ€" rane, carrying through sleepers between Toronto and Timmins, Toronto and Rouyn, Montreal and Cochrane. Parâ€" lor cafe car service operating between North Bay and Swastika. These tl'ains use Canadian National Railways Staâ€" tionâ€"at North Bay. Connections at Swastika, daily with Nipissing Central Railway for Kirkland Lake, Larder Lake, Cheminis, Ont., Alâ€" dermac, Rouyn and Noranda, Que. Cormections at Porquis Jet. daily for Connaught, South Porcupine, Schuâ€" macher and Timmins, Connections at Porquis Jet. dafly for Iroquois Falls. mA _ «h _ WV uP TV Lh o Trains Nos. 17 and 18 use Canadian Pa.clfic Railway Station at North: Bay.

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