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‘1‘ Will Be Satisfactory From 21 Mining Point of View and of Interest to Stockholders E. S. Seton! in writing Irom'Tim- mins about the premier mine of the camp pays : There is reason to believe that when the next report on Hollinuer is issued within the next low months that. it will he not only a most in- tern-stint document. hat that it will be the most satisfactory from a mining standpoint that has ever been made public from the Porcupine camp without attempting to antici- pate in the least. it is pleasant to be convinced that this great mine is in such splmdetl shape. Porcupine hm: its: arrav nt knockers. mainly is In such spit-mica shape. re has its array nf knockers. pirates who nth-mm“! to ma sons! min' by hammerim: nooks and the Hullinccr be leading minim: mmpany in wi public hadnlarcv hnldings has special target for their mm tacks. Will Continue Shaft t0 the ZOO-loot Level and Crosscut and Drift T'hrmngh it all the men hack of the Hollinmr have mnrmed a mint con- fident and praiwwvnrthy murw. and have (mm almut tht-ir inuimw~ in the sole interests of the prnport)‘ and their stockholders and have worked out the practical end at the pmpmi- tion against many difficulties. and in the tramendous obstacles of trans- [HE NEXT REPORT “toy have in a dignified manner refused to notivv the. attacks from so called brokers. or otherwise and have t'lu- splendid satisfaction of knowing that they are bringing the Hollingvr to the point where it will in the trmnondnus obstnclvs of Us portation. building and otherwise Work is continuing satisfactory at the Hollinger Reserve and at the present time the main shaft is down 17:3 feet. As soon as the 200 foot level is reached. crosscutting; will be commenced both to the North and Sonth of the shaft and the five veins wh-iuh were uncovered on the surface. will be tapped and drifts started. The veins on the surface ran from :3 to H feet in width with very little free gold. At the hun- dred foot level the veins which are all within 100 feet of each other. HOLLINGER RESERVE TO INSTALL MILL hzul widvncd nut and showed con- siderable free gold. There is every reasun to expect that the different pa 1‘ Stocks Continue To Move Up Among the stocks dealt in for the past week. Dome Lake. Jupiter and Pearl Lake were much alive and con- tinue to improve in strength. The Montreal crowd take to Jupiter bet- ter than any other Porcupine offer- ing. Hollinger is climbing steadily and there are many who predict and believe that this stock will easily reach $16 before the first of the year. American Goldfields ...... Apex. ....................... .022 Dobie ........................ 19 Crown Chartered... .0713 Dom) Extension ...... .155 Eldorado .................. Foley-O'Brien ............ .19 Gold Reef ............... Hollinger ............... 14:10 Moneta ..................... .04 Pearl Lake ............... 24+} Porcupine Imperial .04 Porcugzine Tisdale 01 The tollowing are the prices on Porcupine stocks. furnished by A. S. Fuller 00., Gibson Block, South Porcupine, up to noon October 4th: Bid. Asked. American Goldfields ...... .40 Anav 031,3} Vol. I. allcl veins will continue to widen No. ‘27. OF T" E HOLLINGER ‘ x 14.10 14.25 various Porcupine -.~x. mainly make per- im: down brim: 0‘3 19 5"] i‘ t? M .04} Q“; “P 16 0‘3 n)( I P merit for more of public confidence than it possibly could in the earlier development stages. Manatrer Boh- bins. has labored earnestly to work out his part of the problems with a measure of numess which will he afitnnishing when the.renl story of the Prmtresa made is revealed. Messrs. llunlnp-Timnins MeMar- tin and associates have played the trnme «gunrely and with credit to them-solve.“ and their ~tm‘khnltlet's. They will win n crent fineness with llullim'er and in the Dixon aml other properties in Porcupine have holtl‘ intrs which rival even the llnllimrer itself out 0! which they will make l-lnllincer and in the Dixon and other properties in Porcupine have hold- imrs whieh rival even the llollimrer itself out of which they will make a lot of money. and deservmlly so. They went into the Porcupine camp in the early days when it was never prcwpeeted freely. spent their own muney. tlltl not go to the [mlilit' fur a «inllnr until they were sure that they eunld give value received. and handsome protlt oVer and have mane 'l‘lu-y tm'klml tlu- n‘rmt tiy'uu: and dllllt'llll ('ltlt'l‘pt'lsv in tlw mirlcl. timid minim: wlu-n l’urvupinc wa~ but a nauw and all its prom-rtic-s won- prospects have (lt'Vt'lOPWl om- m'vat minv and have vhant'vs loft tn mm‘v than duplicati- that success. In txhe annals of Canadian minim: Por- amine will stand out as one of the splendid industrial undertakings of the 20th century. and the Hollinger will be a shining example «if its development. out at depth. A five stamp mill will be ordered for the property and installed at, once us enough ore can be taken out in development work on the twu levels to accommodate a mill of this size. From the two hundred foot level a winz will be sunk on one of the veins to a further depth of 100 feet whore free gold wzis found in the diamond drill cores. .laCk Hammell and John Gray of Toronto, two of the directors 01 the. Company have been in camp all week and well pleased with the looks of the mine whivh is under the management of \Vilkie Evans. Preston East Dome Rea Mines ............ Standard .............. Swan‘tika .............. Vipond .. West Home ............ Jupiter ............ Dome Lake Big Dome .. The station grounds at Timmins are ,takim: on the appearance of a. very. busy Spot. The roumlhousc has been completed and will take care of four engines. A standard tank is also rcceivintt the finishing touches. It has a Capacity of 40.â€" 000 gallons. At present a “Y" is being used instead of a turn-table. Tracie accommodation has been put down for sixty cars. The section house, engineers’ and firemen's house and a coal dock are all dhout com- plete. The track has been put into better shape and the Porcupine branch of the T. N. O. is alto- gether a credit to the government, considering the short time that has elapsed since reconstruction was com- meneed . Busy At Timmins SOUTH PORCUPINE. ONTARIO. CANADA, FRIDAY. OCTOBER 4th . 191.2. public confidence 2 .11 .12 21.00 91.50 124% 0-1 that and } mamc ? ,1 (H } ,30 .14 other Porcupine stocks of merit Laundry machines are used in the‘ ~â€" I'nitod State'- to wash dirt out of The .‘lvAulay Claims in Bristol money: a reversal n! the miners Township haw been looks! over by process a! washing gold out o! dirt. 1“ party of capitalist: from the Stat- _ es. It reasonable terms can be ac- - Muted. work on these properties may 7“” ""“V'. "i 51‘“. ’3": '5‘1523‘33. hm resumed shortly. Nntllinu hzu been hoard frnm the gllmu‘d of Conciliation \v'hiCh met a hvook mm last Tumulay tn mnsidor lttho testimony given by the mine lmnnamrs and minors nf Porcupine ‘rolativo to the waco scale and ad- 'just same so as to meet as near .as this possibly could he done with 'tho desires of all interested in the lmatter. The report of the Kerr Lake Miw inst anpany. Limited nt Cobalt for the year endimr August 31. 191?. shows net enmimrs of $769.175 a. train“ 5937.370 in 1911. The net earnifics deer-eased $109,000. Thn .Iupitrr m‘m in a favorite in Montreal when» the mannmmt is well known and heavy huyimr has hm'n the result in this stock. The Jupiter hm: every apprarnm‘e- of be- inc :1 <an My at the present price. Prnspm‘tnre haw returned fm'm n fruition qm-st in the finclish River sm'tirm. J. Newman and George Mc- nnnnld spent some time in the soc- tion encountering nothinr more pro- misimr than an irnn deposit. 'l‘hvy slaw that thv majority nf that 901‘- tinn i~' f‘mv acrimltnrnl land with very infromwm rock nutcmppincs. Lake sm‘tinn wq-rc- ('nnuwllt-d tm down for a few days this “wk lack nf pnwer. but have mmin sumod active opormions. The‘ in the puwor wax ('nllwd by “I inc at thr pnwm‘ plant at 9 Falls. of the Northern ”Mario I and Tower Co. l The Casey-Cobalt mill has started inpm'atirms but at present, low grade 1010 running: around ‘20 ounces to the lion is hoinrz used to try out the imill. A: man as things are in a ismisfavtnry working: (-mulition the lmro bmlx of milling: rock at the pi npmtx \xhich runs mound 40 mmâ€" goes to the trm “ill be tmtod. This lis the mine “him is situated about lnino miles Yorth of New Liskeard in :tho rich arrir‘ultuml bolt. The four claims staked by .T-ondan and ane in thv Gillies Limit haw been sold by them to Frank M. Perry of Toronto for a sum said to be $5.000. This is the first sale of any size in the limit and the claims were among the host staked there. They included A. 99 the one sout’h of it and the two smith of A 99. In it; Minnesota iron mines. the Steel Corporation has followed the example larely set by the Cleveland (‘Iilis Iron (‘o., and has appointed a “mine rescue engineer." His busi- ness will he to look after safety ap- pliances at the mines. to determine wnere they are needed. and to in- struct miners in the rescue appara- tus in case of accident. His ehief work will he rather to prevent ac- cidents as far as possiblefthan to mitigate their consequences. The International Aluminum Syn- dicate 'has now fiized the price of the metal for next year’s delivery at 160 marks per 100 kg. ($380 per metric ton of 2204.62 lb.) with the usual increase for special brands. The syndicate, however,_. will not dis- pose of the entire output, for 1913 at this price. there being: a general View among members that produc- tion during the next twelve months will not be able to keep pace with Consumption. and that still higher prices will be possible. On the oth- er hand. syndicate has all along been emphatic in asserting its intention of in no way handicapping,r the de- velopment of the aluminum~consum- ing indnStries hy unduly raising pric- es. At $390 per ton manufacturers have quite a 200d margin of profit. though the price cannot be. consider- ed at all excessive in View of the present levels of metals generally, and particularly of copper and tin. It is understood that manufacturers are making arrangements to increase production should demand warrant it.â€"-Manchester Guardian. 5'0"“ Mining News nnwer. but hare mmm re- live operations. The break .wer wax caused by liu‘htn- Ie power plant at Sandy the Northern ”Mario HEM "H "('3' iron mines. the has followed the by the Cleveland (ht n (‘IHN OT A small knee of men i.- at present at work on the Hayden properties. adjoming the Hollinger Reserve. A shalt is boil!!! sunk on one of the leads. W. H. Haylen of New York h the owner «I the properties. It is estimated that there are. 5.- 000.000.000 tom ol nincral coal in the Black .‘lvsa fields. of Arizona. says a l'. S. (Ecological Sum-y bttlo letin..and probably 00,000,000 more in the Deer Creek field of the same state. The St. Peter properties in Turn- hull are showing up well as a re- uult oi the Work recently done by thebnli dozen men employed elm-e. Visible gold has been encountered in :1 number of places. Camps suitable for winter quartem- are now under construction. .-\ iurm‘ 0! Nu m the Mann pmportivs The work is in char! and both surface Wurk is being dmw c on whivh sew-ml have hoe-n unvovm‘ai ' (‘harles C. B. Flynn. who is gen- eral 111'11nage1' o! the “looking 11111111 11011" Melntxre mine. \xith its ad- ditional he“ mill being rushed to completion before the cold weather gqets in, with its big body of ore iheing- added to with each dafis de- l i i velopmen't work and the reeent re- markable rieh strum: veins which :‘ha1e been stnuk at depth in the \1 hole Pea11 Lake seetmnâ€"ailn ed 111 (amp Sundzn night. Another good strike is reported from the Kirkland Lake district of Swastika. On the Wright claims. which lie between the i‘largraves- Wright now the property of Weldy \‘bung and the Tough-(lake now con- trolled by Clement A. Folder a vein has been uncovered which runs eigh- teen inches wide and shows free gold. This is a continuation of the strike on the Wright-Hargraves and the No. 2 vein on the Tough claims. ! .-\nnouncement is made in New York that the creditors of J. 'Nlom- ias Reinhardt. the mining: stock pro- motm and curb hrokm. “hose office lung closed on .-\p1il 2’3. may hope to :realize from 7‘5 to 100pe1' cent. on Itheir claims as the result. of the {unearthing by investigators for the c1"’.-edito1 ‘ committee of a lot of en- Iti1el\ good securities which Rein- :hardt had sttmcd 1mm in the davs iof his piospe1in. Intil these sec111- ities \V‘ete found. it is said. there ihad been little expectation that the ;c1edit01.~. uould re1li7e more than 20 1pm cent. I , . . . 1 Fl'OllblC‘ IS on foot 111 the affairs of 3the Crown Chartered Gold Mining: l 1(ompam, of Porcupine. and awrit ‘has bun issued (-‘haxging' the direc- itnrs \xith conspixan to dispose of :1 aluable claims belonging to the ‘compam. Of the true merits of the infiair we we not informed.l1ut the incident sencu' to indicate that direc- ltors do not :11“ ms keep clearlv be- ifore their minds the elementary con- lception that theii true function is 'to serve as trustees of the interests iof shaieholdeis â€"-â€"Qan Francisco TPress. It is not the general impression that the present directors had any intention of robbing: inVestors by the sale of the valuable lilavi‘dson claims. The true merits of the case would probably simmer down to the lack of sufficient capital or ready funds to prosecute further develop- ment work and a desire on the part of a considerable number of stock- holders for a change from the pre- sent management. The mine itself was never in better physical condi- tion and so far as can be seen ably looked after here so far as develop- ment work is concerned. Mining News h-n mm is wm'kimr on in 'm Doloro twp. arm: of Sol Roncau . and underground ° un iho prmwrtios. promising lends Tm WHAT OTHERS SAY 0F PEARL LAKE MINE Active Development Work Under Direct Charge of the Hargraves Engineering Company ing more than the usual attention of late and under the scrutiny. The last week made mention strike at the Pearl Lake the following is what utl ted in thr camp have it tht‘ Turtmlo (Hobo and \‘ Burr E. Cartwright’s optimism and mining intuition has again been rewarded. For many months he struggled alone. often against ad- viee. to more the 'l'emisvaming. Ilia mmtidenee and patienee were repaid. and it now appears. as- thuugh he will reap a similar reward lrom l’earl Lake deVelupment. .\lr. Cartwright vaa «me of the lira-at to hate faith in Porcupine. and despite many failures this has nut been lost. ”l'earl Lake will make mind." he has repeated to dishelievet's. and last week's strike on the property has rerilied the drill ran into a promising vein and others of good Value were tapped at various levels down to 1200 it. llut the 41m it. vein was the one that. President Cartwright looked to pt'ch the high value of the Pearl Lake claim. Situated in close proximity to Hollinger and with wine which can be traced from that mine clear across the Pearl Lake property big things have been exâ€" pected of the Pearl Lake. (‘01. Stevenson, when he and other Philadelphia capitalists put their money into the Pearl Lake Co. did ‘50 after a thorough examination land inspection by highâ€"class min- ing engineers, and the colonel. who arrived in Toronto Wednesday izom il’orcupine. was not a 'bit excited .over last week’s iind. He brought [with him several hundred pounds of ‘ore taken from the vein, some 511an- lles of which fairly hristled .vith lvisihle gold. 3! a t omvm. The l't'al‘l Lake property was (1-st- ml by diamond driiling to greater depth than any other vlaim in I’m- cupino. At the 400 it. level the Col. Stevenson in a modest told 'I‘he World that since th have become interested in th Wlll START WEEK [IN llflflflfl [IlfilM‘a‘ 121ml, Uhio, spent several days in the camp last week and was very much impressed with the enormuu$ pmâ€" gress made by Lhc camp since his last visit. ' Cleveland Capitalist Amazed at Remarkable Brawth of Par- euplne Camp Like a great majority of the pub- lie at large. Mr. (Eund was of the impression that the camp had not recovered from the eflects of the big fire of fifteen months ago and therefore was not prepared to find the camp in such a stage of de- velopment. Goo. F. Gum], President of the (iund Brewing Company of Clove- Mr. (lund is the principal owner of six claims in Deloro located just a little South of the Imperial and immediately adjoining the property of the Boston Development Com- pany, Limited. He expressed him- self as well pleased with develop- ments to date and it is quite pro- bable that the claims will be opened up at, depth in the near future. George H. Perry who owns and personally looks after the popular lunch car on Golden Avenue opposite the Imperial bank, has gone to his old home in Xapanee, Ont., for a stay during the fall and winter months. The car will continue to do business under other competent management while he ‘is away. The Pearl Lake section is attract- 3 more than the usual amount of tcntion of late and standing up miny. The Advance of Mo mention of the rich Pearl Lake Min? and is what when inn-res- nmp have to any m (Hub? and World 2 Cartwright'a optimism rst way the public the Pearl Lake active development has gone on largely with the object of dis‘ closing the deepest values in Porcu- pine. "We went for the Vein at the 400 it. level with absolute contld- enee." he said, "and street: it only b‘ it. from the amt indicated by the diamond drill. .-\ erossent was run in “.324 it. from the shalt before the vein. a mineralizeil Zone of lb‘ ft. in width. was reached. Assays taken elear at'ro.“ the lb‘ lt. gaVe Values of over $30 to the ton. Further information giVen by Col. Stevenson was to the eflet‘t that the Pearl Lake development is in charge of the llarirraves Engineering Com- !pan)‘ of Philadelphia. The property {is fully unzipped with the. best ma- fehinery, power house and complete camp. and a three compartment :ahait. The shaft is the deepest in El’orenpine. and with present tuauhim llct‘y is ptu‘sililt' tu “Use 500 tons of 2ore a day. “The Pearl Lake gold mines has opened up at lour hundred feet a vein eighteen feet “ide that averag- (s thir'ty dollars per ton for its en- tire width. Accompanying this comes the confirmation of the recent report that a twenty-stamp mill will be erected immediately. Plans for the mill have been comifleted and iground will be broken at once. “The large three-compartment shaft is being rushed to eight hun- dred foot, where the vein will be oncount vrml without cross-('11! t ing. The shaft has now reached a depth uf five hundred feet. “Samples of ore brought down yes- tonday are Very spectacular in their showing (pf free gold." HAS IHE BHANBE Were is an Unconfirmed Hnrnnr That Er nwn Chartered Has a New President Nothing: definite has been heard from the meeting: in Montreal of the stockholders of the Crown Chartered Company which was held last'l‘nes- day. It was rumored that Mr. Arnoldi. a lawyer of Toronto, had been made President and an en- tire new board of [Erectors elect Whatever steps may ‘be taken by the stockholders it is one sure thing that the mine will not continue to remain idle for any length of time. At the time of the shut down three weeks ago due to slight finan- cial (lifiiculties, manager Dyke was opening,' up an ore body that was carrying better v.alues than any pre- viously opened up in the mine. It is onlyl known indefinitely here that. the Directors at the meeting made arrangements to resume opera- tions. In the meantime the stock has taken an upward turn of three to four points with considerable dealing locally. Phil Munre of 'I‘m'ontu, who looks after the business of the Canada Foundry (30., and Canadian General Electric Company in .this North Country and who has been in camp for the past ten days has returned to Toronto. 8mm: (“owns 5 Cents. BEEN MMIE