Timmins Newspaper Index

Porcupine Advance, 26 Jul 1928, 2, p. 5

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"Up to the time of going to press the missing man has not been located although traces of him have been dis- mvered.’ ’ “Sergeent Grennan said that the pilots of the Western Canada. Aimvays were exceedingly helpful in giving transport facilities to searchers when~ ever such was possi’ble and he believes that the search for Taylor will end successfully unless the man shall have become distracted under the extreme difficulties of the situation, and the torture of the mosquitoes and biting flies. “Immediately the advice was re- ceived Sergreat Grennan was asked to accompany the forestry service plane and to organize the drive to locate Taylor. When he returned Monday the sergeant said they had not been able to locate the missing prospector, and that the difficulties of making the search were quite appalling owing to the nature of the country being scoured. “Mayor Stitt of The Pas imme- diately wired Ottawa asking for this assistance. Other messages urged speedy action. Action was finally seâ€" eured after the lapse of three days through the personal effort of Mal- colm Lang, member for Haileybury in the Dominion House for the con- stitueney in which Taylor resides. “The men made camp for the night and decided that it would be better to .go (back to headquarters and sound the alarm and procure such help as might be available. Word was sent to The Pas by airpilot with a request that something be done to get the consent. of the Dominion forestry ser- vice to the use of one of their planes- Local Distributorsâ€"National Grocers Co, Ltd., i‘immnu (Toy and Martin were disposed to go ahead on the chance of coming to water, Taylor desired to do some scouting in the vicinity to try to lo- eate a supply. This he eventually did the other men meanwhile agreeing to “ait for him. After forty minutes waiting the two started out to look for Taylor but were unable before darkness fell to discover any signs of their missing companion. “Sergeant Grennan, R.N.W-M.P. stepped off one of the Western (Tan- adad Airways machines here Sunday evening and gave the first authentic information of the effort to find the missing man for whom a “large number of prospectors in the vicinity are looking. “Kississing Lake or Cold Lake as it is more frequently called covers roughly an area of four hundred square miles. Its numerous arms reach out like those of a prodigious octopus, and travellers there are forc- ed to make long and difficult portages through the muskeg and almost ian- passable forests of spruce and jack pine, and when crossing the water to steer between innumerable islands which often bewilder the novice. “Taylor in company with two as- sociates named McCoy and Martin were making one of these difficult portages in the heat of the day when the party became very thirsty. Mc~‘ In reference to the matter The Pas Hernfld, of .the Pas, Manitoba, says:â€" “Eighteen men are scouring the muskegs and dense timiber on the shores of Shirley Lake one of the numerous offshoots at the great Kis- sissing Lake, in search of Andy Tay- lor, of Timmins, Ontario.‘ Taylor has been lost for more than a week, but the inaccessibility of the area where he is lost, and the consequent difficul- ty of asking for and procuring assis- tance has resulted in loss of time in getting the effort organized. Three Days Elapsed Before Permis- sion Came from Ottawa to Use Airships. AIRSHIPS lflAVEfl "I SEARCH H"! A. Willi! a}; Andy Taylor, will regret the the Dominion H Mr. and Mrs. \Vma Alfred and mung son, of \urth Bin, “ere Tin1~ mins visitors last week. Also ' Alphamonoiodisovaleriany- lurea. Likewise Dioxybenzolhexamethy- lenetetmmine. And this beauty: Trimethylbenzoxypiperidinumhydro- chloricum. A man who is an advocate for the teaching of spelling {by sight, as a- gainst the old-time method of by sound alone, and the more modern method of using both sight and sound, once told The Advance that he could correctly spell any word at any time afte1 he had once seen it. According- h the folloxxing is passed on fromi The Lorthern Miner last week: â€"- 1Going through a technical book the other day we noticed this onezNat- rium Acetylparaminophenylarsonate. TRY THESE ONES ON YOUR TYPEWRITER SOME TIME “And yet, one may well suspect that those who are gambling in this stock are not romanticists so far as the ore is concerned. They are, rath- er, market romanticists, hoping that. the price of the stock may continue to climb, and that they may get out at the "top. Which as we all know, is a dangerous game.” reach the stage when a smelter be- gan to be talked of: the stock then closely held, was valued at around seven million dollars- Less than a year ago was the producing stage reached and. a smelter blown in. “Who can deny the man in the street that five, or ten, or a hundred times as much ore may 'be discovered in this phenomenal deposit as has al- ready been found? The speculator must speculate, and who can blame him for taking a chance here, where the management may be presumed to be honest, and where the ore is known to be rich, rather than in some un‘-' known Wildcats? Mining is never; just a stodgy business but not oftent can it boast of a romance like this. I ered by the drill. “Well, why not"? the name Noranda and the Home elai whole Rouyn minin bee in which it is known to the hundr that had been roami for years. Six yea] ing ibut an undc Five years ago the dent of Mines, spe trict, stated that ‘ lar has come to three years ago reach the stage “'1' gan to be talked o closely held, was ‘ seven million dolla year ago was the reached and. a smell “Last January the ore reserves of Noranda contained about eighty thou- sand tons of copper, and six million dollars’ worth of gold-“certainly nothing to justify anything like the present valuation. Since then, more high-grade ore has been developed at depth, the amount of which has not been announced, but about which speculation has been rife. Even as- suming that the ore reserves of six months ago have been doubled, the value of the property, based on known assets, would not be more than a third of its present valuation in the market. Plainly, the speculative public thinks it has found a bonanza, with unheard- of wealth waiting only to be discov- ered by the drill. “\Vell, why not? Seven years ago Noranda Mines, next to the Bing- ham mine of Utah Copper, is the most “valuable” mine in North Ameri a, according to the Engineer- ing and Mining Journal, which com- nients on it editorially in its last. is- sue under the caption, “The Latest Hundred-Million-Dollar Mine.” The editorial is as follows} “Recently the' stock of Nora-1111a Mines, l.t(l., crossed sixty dollars per share. With an outstanding capital- ization of 2,168,566 shares, this .re- presents a stock- market \aluation of well over a hundred. million dollms, which makes it, next to the Binghani mine of Utah Copper, the most ‘valu- able’ mine in North America. In fact, few large mining companies, even among those. having widely diversi- fied interests surpass Noranda in market value: Anaconda, Kennecott, Utah, \merican Sinelting and Retinâ€" ing, International Nickel, and Con-3 solidatecl Mining and Smelting alone,i of American minnig corporations are} valued higher by the 1n1est1n0° public. ‘ The famous Hollinger shrinks well, into the background, being valued at only seventy million. This is the Opinion of Engineering and Mining Journal in Beasoned Article. Nflflfllflfl M031 VAllMBlE MINE [IN THE UHNTIHENI LS come years the stag be tall 1e claim, as well as the mining district of Que- ; it is located was un- hundreds of prospectors roaming over the North ix years ago it was noth- undeveloped outcrop. to the Quebec Sperinten- rs, speaking of the dis- that ‘nothing spectacu- 3 to light.’ Not until ago did development Lge when a smelter be- lked of: the stock then was valued at around dollars- Less than a 3- Less t1 producing er blown in the man i en years ago meaningless, well as the rict of Que- . An action for the recovery of $978.- 630 from William Rand-all Hearst and one of his companies has been insti~ tuted in Quebec by the Canadian Pa- per Sales, a subsidiary of the Can- adian Newsprint Company, which un~ til' recent months handled the export sales for about-50 per cent. of the newsprint produced in the Dominion. Some time ago Hearst instituted in the US. a suit for some $24,000,000 against. the companies formerly sell- ing through the Canadian Newsprint, Company. The present Canadian suit is in the nature of a counter action against Hearst and his companies. The Canadian interests have gone one step bette and have seized ship- ments of neu sprint consigned to Hearst on the ground that the paper becomes the property of Hearst as soon as it leaves the mills. The seizure has been made to keep the merchand- Canadian Concern Makes Move Courts Against the Big United States Publisher. SIAM cumin-mum ABAIfiSI HEARSI PAPERS my; POBCUPINE ADVANCE, TIMMINS, ONTARIO Canada Northern Power Corporation Branchzs -- COBALT BNGLEHART BAILEYBURY KIRKLAND LAKE TIMMINS SOUTH PORCUPINE ROUYN NORANDA CK STO ED ERR IVE PREF LAT MU CU 7% --of- In a few weeks, employees of the allied Companies will ofi‘er the Com- panies Customers an opportunity to become profit-sharing partners in this established and successful enterprise through the purchase of the In Ontario, Canada Northern Power Corporatibn Limited distributes power through its Subsidiaries NORTHERN ONTARIO LIGHT POWER COMPANY LIMITED NORTHERN CANADA POWER LIMITED GREAT NORTHERN POWER CORPORATION LIMITED And in Quebeclthrough its Subsidiary NORTHERN QUEBEC POWER COMPANY LIMITED The Consolidated Companies supply electric light, heat and power to 9,015 cus- tomers in 18 communities, having a total population of- 60,000: Bucke Noranda (Que.) South Porcupine Cobalt North Cobalt Swastika Englehart Porcupine Teci: Tisdale Schumacher Hailcybury Kirkland Lake Silver Centre Rouyn (Que.) New Liskeard Whitney _ Timmins VANADA NORTHERN POWER CORPORATION LIMITED, controls and Operates the unclermentioned Public Utility Companies in the Provinces of L) Itario and Quebec: \ NORTHERN ONTARIO LIGHT 8‘: POWER COMPANY LIMITED NORTHERN CANADA POWER LII‘i-IITE’ GREAT NORTHERN POWERMCORP RifijN LIMITED NORTHERN QUEBEC POV/ER COMPANY LIMITED (Formerly Quinze Power Co. Ltd.) Luke O’Connor, of Sudbury, been retired on musion after 48 ye service with the C. P. R. The Blue Quartz Mine, east of Ma- theson, which recently suspended op- erations for a time, is understood to be preparing to re-open at a compara- tively early date. It is reported that satisfactory arrangements in a finan- cial way have been made in England, and that active work on the property will be taken up again very shortly. The shipments of paper sold to Hearst. which have been seized appar- ently were produced by Anglo-Can- adian, Brampton, and the Lake St. John mills. Enough paper has been seized to satisfy the claims of the Canadian Newsprint group. BLUE QUARTZ MINE WILL LIKELY RIB-OPEN SOON The Canadian Newsprint interests are, therefore, asking the Canadian courts to declare the seizm e valid, and in default. of‘ the payment of their close to a $1,000,000 claim, that the shipments be sold and the proceeds used to satisfy in full the claims of the Canadian Newsprint interests. ise from leaving the jurisdiction of thaproyince of Quebec.“ Head Office: NEW LISKEARD, Ont. CORPORATION imitett Sketch Max of Territory Served, Showing Location of owns and Hydro-Electric 'Plants, LIMITED 211's 85 Elgursday, July 26th, 1928

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