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Hoy Galt Mise Mine 1 a . mission Jy Hvis com Lakesore ane k. and pos fare . RE 4) 3 ie Fi I8toe ining po oh nil the f 'the panic * on "the Fi ork Market. has been Shere great. wave. of enthusiasm which | as travelled from the West and as- fled the Eastern markets. The nusual spectacle of stocks doubling nd quadrupling in price almost over- ight has been witnessed time and gain, IC ive have NEWSO 0 sy(Liovo a in TI iy rie pt 8, : built at the 5% property. Shaft di shaft w, m| time tis Sha : hi Ba i Tush #4) i #4 ed ii the 8400; wt sd Hd ie 1% oh ee 806 ngs Howe amnagerhen bye! jon the yay toward proving up iA ownward ex- tension of its ore to a depth of 1,000 present stage to warrant embarking on a 6500-ton milling program. The lower Wy 40 ond pofver will assist greatly in achi "remarkably low produc- tion casts. Horace G. Young, general een sharing: | prominence (with more easoned Atpeks, such as Royalite ome and Dalhousie. There is every ndication of a fairly expended per) f activity in the oils of Woelt Canada, Howpver, there Is a danger that this will be carried to extremes that are 'wholly unjustified. There {re plenty of peecedents, so it would ibe well to watch the situation cared] Ruily, { The Turner Valley field is a remark- able zone, and its possibilities have mot yet heen guaged. It is still more for less a 7eological puzzle, inadm @s the underlying source of the 'crude daptha, content of the gas appears %o be a multiplicity of stock flotations Wpon which excessive valuations ara Bpt-to be placed oy the speculative public. Lake/$ho eT dnd | Te dit dgtioh Havel: Been advancing stride by stride In Mine development without, much pub- fic attention being called to their achievements during the, past year. heir progress has been quite sub- 8tantial and would doubtless have "with much ket ao tivity if major attention had pot been directed, to Queber, Sudbury and Northern Manitoba fields. Lake Shore now stands out as the gueatest gol Jato in North America. Ji'ls oni younger than its groat Sai «iy but nevertheless gives every dion: tion of surpassing it. Ore reserves have began incr mangos I 4 I bepn Justified * stepping up nas, J The idan for a day's wung iy apound 1,360, tons, Annual production fs Tot "tar "from §7,000,00 per annum, and net profits are probably in excess 'of $4,000,000, | This amounts to twice the! annually: total capital of the mine; which is in itself a most remarkable record. The milling objective has not' yet been reached. It is understogd that the next step will be 2,000% which should give an output of* & year and profits of $6,000,000, or $3 & share. When such' asstep will be made is uncertain, bit there: is jevery reason to expect it will eventually be reached and this tonnage-with not ex- haust the pogsibilityf a? 'still frther expansion. Lake Shore h;& heey. developing wonderfu'ly at depths Tie size 'of its ore shoots combined "with thé high average values promige to make, Lake Shore a phepomeha) Arg. t is not yet possible to' p rves at the point that will foe undoubt- edly be attajfieds su; "3,600 ton milling program, & Whe n fprGbable earnings are translated oy terms of dividend, La nok unlikely to assume a Pl ry Promi- nence marketwise than 31 yet been accorde 4 Teck-Hughds as §inillady fagedrid its position. "THe 'management' pro- poses to open up the min to a depth of 4,000 feetf LY N id in view and sinkin "shatf about 600 feet south 4 the fine nel Such a measyre stgcess enjoyed thus 4 Ty the ¥ iy - development work at maa that Teck- Hughes officinla, old bid tos of fhe in to probe the Bion the property. Tne i a ' p Ddyehion ingot edly the direction of NS The current { yeirt ia bring improvement & 'pnd duction record, which is He far short Gon that 1590 WON he! Lath sor IP copseryath etal stocks, steddlly. ands pe - 0,000,000". '$3.50 ' ton. He 'also estimates the ore It 1s becoming arent, however, that the fourth, is showing up a con- siderable tonnage of ore that exceeds the above figure. It would not he surprising it further development work shows up ore which would bring the ming average torabout $8/50 under ac- thal milling tests. The tendency of the management throughout the early development 'of the mine has been to , 1s 'figuring on a cost of | at: $7, leaving ia net profit lof $3.50.{ feet. There -is plenty -of -ore-at the} An elaborate health exhibit is show the results Which-may be conditions, are advising: real" HE MeN BEHIND THE MOVEME } be sta M 1 in May, to mils Mon 1 for publis health, as récommanded by fie Montreal Survey Committee conerning health The above three outstandingleaders inthe public-health field} .. Of Left 'to right: Dr, Gordon Bates, General Secretary of the, hy Canadian Social Hygiene Council; Dr. Grant Fleming, Director of the: Depart~ . ment of Public Health and Preventive Medicine, McGill University; and Dr.| J. A. Beudoin, Director of the School of Social Hygiene, University ot Mout underestimate 'rather than to ify the results obtained, In view of this altitude, the, manage- ments estimate' of $3.50 costs will be taken much ' more seriously than would, otherwise be the case. It should be remembered that ore can be mined across much greater aver- BY LLOYD'J, MOORE, Member Standard Stock and Mining [| Exchange; LS Le dar age widths than in Porcupine. In addition, 'it '4s 'important from an economy standpoint that the ore is confined within two walls and there i8 no exploring across the country to pick up shoots' ot iminesaliged ma: terial, mining eosts are lessened be- cause there is a comparatively small percentage of dead:worl , Because of{ the character of thie Tock thers will be surprisingly little dilution when the time comes for, sto With over two and'a' lateral work done on four levels, Howey is proven as'a mediunisized ming, From the. DO ment's standpbfnt it is apparently worth while to make an expenditure of $1,000,000 for a n wer pl plan t.§ T rate of $256 at War Falls 18 part Rok to $32 at dhe Mining This Compan "id with "a rat +o fla Kirk a ae There. 1s" hot '& minin Eastern Canada with te apasy ex- ception of Internatib _ Nickel} that has such a low rate) iat broader standpoint the entrance of the Hydro Electric Power Commission, inta co- operation, With ois important. There "will be some velopments i next few moh is a most far- reaching not calculated ® market action. Bis livered in time to use water tran portation befo be © tlose ptt thy season, Tuer) iri esting de- matter, +) is year. Teck-Hughes is r Lake Shore a os § 1 hip. The openin, AR down to'a depth of j{ bleh is now gettin fected close CNEL ox- pose Teck-Hu, way of larger production. There 1s reason to expect that be- fore fall work on the six new levels will have procured sufficiently to jus- tify the erection of another 300-ton mill unit, borin 1 fe Fo with the annouf ie 2 of It is na reasonable to ex eads with the increased aid that 1930 should sow a very ma- al increase over 1028 and 1929. Bow dy, ws soon hed the shaft-sinking progea is completed. The second ha po foe your ould be productive of cons iso events ip a mine-making sqnseé. ctio) is about twelve > AWAY, wh is dependent on th : Hot) hab. sh hose oupla of 5,000,000 shares of $1 par value, of which 300,000 remain in the treas- ury. - It has approximately $700,000 in oan, No tu ad financing 1s #1 le! ce ph hay TS Fag the revival of prices afies the the disastrous break of Tuesday, March Fr the he minse Markee Jade | a won- dev " in -- a Se tls "Civil Aviation | tical affairs in Canada since the war 1 ed b gue of \Canada- that fa properly served by Ditarda iGovers [isle in 'the! whiter .and canoe in the Months were formerly ref ulred to make trips mow flown in a} JAsfew years ago there} were parts of "Canada a whole sey E civilization, andj" ar] any In 'the § 181 ain. "Power 45 has appar ard. Aviation Part of Canada's History J. A Wilson, > Civil | Aviation Controller, Ottawa, Dis- cusses Service VALUE TO FORESTS : Reviews Airmail ' Plans At Wesley Men's Club Dinner -at- Montreal - a SA communication in tory of Canada," J. 4 of the Department of National De: fence, Ottawa, declared at a recent} meeting in Mputreal. On the strength aviation, as shown by what has al: ready been done. tact with the entire field of aeronaus and he explained the 'Canadian atti tude toward popularizing air travel and airmail in the Dominion. "It is the purpose of ithe postoffice departs cerned to keep abreast of the times hy] developing the air services as soon] as public opinion justifies develop mets," he declared. "For a. long [time afer the war, the afrplane was|| looked upon as a great agent of des struction, and few among the laymen believed in the service ability of aire craft during peace time. Situation, Altered parts of the Dominion. Bear in mind, there is. only 8 very narrow strip of railroads, and"th 'other parts, travel has always been and would still be; were it not for the airplanes, by dog summer, fw 'hours.{ Mr. Wilson has been in close cons ment and other official bureaus cons| [This situation was first altered by. ; the interest among engineers, forests} ers, and prospectors whose duties res 'quire that they penetrate to remota} winter trails, suddenty confronted with i the knowledge that what! they 'have always required to. had now become just a day's work in the cockpit of a fleet airplane. It was among people innured to thede hardships and delays aviation found |* its first hold in Canada, Mr. Wilson pointed out. "One 'has made of air travel," he continued, | "is_ in: suryeylhg forests. Rangers torfherly saw only the banks of rivera]" and lakes through, which they paddfed their canoes. The forests hive ins creased in value tremendously dur- ing the last tew years, and the rangers were among the first to see that the} expense of operating light airplanes would be Justified many. times over by "increased efficiency: To-day, the for- 'ests are protected in a way that would ¢ ibl ti taft 4f this supp@sition, he proceeded to he Tmpossible With ten times the 8 explain the part that will be played by}. of rangers now employed, working in the old way. To Out-of'Way Places "And this use of airplanes served to introduce the means of travel in all out-of-the-way 'places. To-day, in the district around Red, Lake alone there is probably as much flying as one would find on the busiest Amerl- can or. Continental airport." In conclusion, Mr. Wilson reviewed the plans being formed for transcon- tinental air mail and express routes, touching on the difficulties encounter- led, and explaining what such a sery- ice would mean for residents of the district. of Calgary or Fimonton, whose mail will reagh Witinigeg in eight hours, Chicago in 16 hours, and | New York or Montreal in 24 hours, son's journey . from fligre does not'rémain a spot nok py accessible fn two days of le surely hn " apo fanegdotes about fl ate parts of the Di minion Pe "Tot fh Mr, Wilson's lon addres fol' igtories about thi nt.of 'Old: Westerners accu: 1 got a dati of the best uses which Canada | aplece for Felon amis ol hon fp Si wc © SHREDDED There {s 'a young' girl: the, sil B sunny, For breakfast she'll eat Nothing but.Shredded Wheat, |. Mrs. M. B. Calder, Tension' pas, Ont SALADA "Say Sal Mr; Groger, a the liclous. =~ Mrs. Rene Clendening, Markham, Ont.: KEEN'S. MUSTARD Said a comical Jigger named Bus- "Have, you ever enssed hard over custard?" said, "Oh; dear no, Wei be shocked to do so, ; But "we're rightfully' keen on Keen's Mustard." Mra. A. McNeil, : Norwood, ont.) DIAMOND faded, lopk so jaded, Don't Your spirits wi" If you use diamond dyes, And you'll look like a queen when paraded, Mrs, Orangeville, Ont. CHRISTIE'S BISCUITS Now 1 tell you'that Little Jack Horner Is still in the same But I know that he sits Eating Christie's Biscuits, Not plum pies as in histories former, Mr. J. H. McVittle, Milford Haven, St. Joseph's Island, Ont. CHIPSO v A jolly young woman named Crispo Bolled all her clothes with quick Chipso, 'They were nice, sweet and clean; Just fit for the Queen, So for ever she'll always praise Chipso, Mrs. T. H, Weatherall, BROCK'S. BIRD SEED My 'auntie, who has a canary, Tried to: get it to sing Tipperary, . But the bird would not heed Till "he gave it Brock's seed; Now it sings. night and day for Aunt Mary. 'Mrs. 'Claude Bongard, Box 24, Norwood, Ont. 08E TEA : old lady named | £ n Who Hved 'in 'the town of Van Duzen, * 1 drink Red Rose; Tea, "That's the reason," sald she, 1 can work while my neighbor is ~-Bnoozin', Miss. Bernice 0. 2, pos, tlh. oat. % RR. N A for me, "For 1 know 'that each cup is de-| heartbroken and EAT TEA #0000. abel -be always. sus-| ugh y Yous i Brocer, may be quits tea, 'DYES # If "your wardrobe is shabby and| = C. A. Lamon, famous corner, Maxwell, Ont. : 'One night a young 'baby' was fret- ; gmeTies Bisou | But we all wanted {When she brought in i ~~ tle's Sultangs. | 'Whe doing , {To shades o8 whth'go ell "with you Use pai burg TY 5 For in them ot lies ET To Jarvis, Ont. LEONARD'S EAR olL There was a dati may in, 'Port| of Royal, 'Who used Leonard's Oil : They say he now hears + | With both.of hig'ears \ ~~ {More than anyone, 'else tn' "Port Royal. Mr. Bruce Rowhottiai, Stoutviles Ont CASTORIA ting, In spite of its kind mother' s petting, Castoria she gave it, It certath 'did Bave it, 'And now nothing else it is rene i J Knighi renad; nidad 7 }, Thig is known as and. this service. tons displacement. [i racters, in British naval ani tributed aribbean ships to go into service was the "La J". named; for. Frances Wood- Belen ; f the island {ward Nesbit;'s nitive here § out the British rgd "Lady Nel-~ 3 ved with Sihustan, oh forerunrer of a new era for tHat part of Ee Expres- nd' were openly given to the desire - onthe part: or high officials and fore- * most citizens of those colpnies for not los Fade but a com bidity i oe lions. 3 sort n wa EI) some of the islands o be the foster-mother of the British 'West Indies. | Prospects for increased trade are exceedingly bright, as in the iast two years; the first. two years of thé'opera- tion: of "the new Te b 50 ' Parighill, ye BIG BEN CHEWING TOBACCO Said Jim's witestDo. you krow, brave fella'; * That chewing that "weed" you "yella"? But, of aiieny 0 /BWD wot, fob tehal eho 'moro' \vore £4 Till I get a new purple umbrella. BY {T} W. Hicks, R.R."No. 2, Niagara R.R. No. 2, Niagara Talls'S. 'ont. "DIAMOND DVES It you want. to save papa his penny, And make yourself: Swinkoe or} i Benny, {Diamond Dyes is a pri | That 5218 your e For tell ke your old oS lhes 0 as any, ais Emma McLean; Who slipped on a rotten banana, 'She cared not a bit, 4 . /But sat where she lit And nibbled a Christie Sultana. Miss Kathl en; Welch;: Hannabal Street, Blenheim, Ont.) 4 H BEECH fer ps has Fossa: fol a Rs i wna {i i pr Ho 5 Eoneraty quite sore and | fiat rts from Canada, wil Indig ne bes ne that the shore purchases by vod ada of the products of. est Indi "will so stimulate! the tw as' materially increase their purchasii power of Canadian "products; i od ara i oN 4 | Use of "Spotters" Not to Be Allowed by Byiih lic id 7A "third d rio nol eh England. This fact was made definite hensive report makes certain import: anges, In police methods obli- Dealing with night clubs the report, Yhich as unapimous, declares that the Practith of sending police officers into. night clubs. disguised guests and 'with the power to Sperid money freely is wholly objectionable and | br Fi THOY le Police" i | 4 i The r Ba continues that "these of ER ion but 1 fet ae away oth vith they ori me of. Mrs. Harry McRonnell, 'enon. Sta. 'HREDDED' WH BI our wis ' BY ds You if "or veer wee Sun: 0's ' a EE fence oro ordering dr! > Faoh 10% 4 1d) ds Ep fe in bom dt hn met id Chet wins f Constables + flicers to en- stered night king the law. gh eS vidence that "there is no e ce ve of on "third degr oh Bete Feist ption Exaggerated : Rott wor ore dom.