Timmins Newspaper Index

Porcupine Advance, 21 Nov 1929, 2, p. 4

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Thursday, Nov. 21st, 1929 Iroquois Falls W A NT ED Latest Models in Batteryless Sets on Easy Terms of Payment Corner Balsam Street and Third Avenue Now Open Ready for Business All Cooking Homeâ€"Made Queen‘s Hotel Dining Room DINING ROOM SEPARATE FROM HOTEL ABITIBI POWER AND PAPER COMPANY LIMITED Mason and =isch Pianos, Phonographs and Records » Meal Tickets J. V,. REGAN, PROPRIETOR, TTMMINS Piece Work, in Good Timber EXPERIENCED MEN ONLY REQUIRED WQOODdsS DEPARTMENT meâ€" Siade Clean and Upâ€"toâ€"date Come once and you‘ll come again Ontario 46â€"47 45â€"A48 "The ruling opinicn is that Dome will continue to pay a quarterly dividend as it has on hind a dividend assurance fund estimated as amounting to about $2,500,000, It is further pointed out that, as cash and bonds are estimated as amounting to around $3,500,000, to which may be added the approximateâ€" ly $1,000,000 insurance coverage on the mill, it would be indicated that Dome‘s liquid assets might aggregate in the neighbourhcod of $7,000,000, which would be equivalent to about $7 a share on the authorized capitalization. The stock has held fairly firm in the wideâ€" lyâ€"fluctuating markets of the past few days, the ruling quotation being in the neighbourhcod of $7 a share." "The final word regarding this sugâ€" gestion, if it should receive official conâ€" sideration, probably will rest with Genâ€" eral Manager, H. P. DePencier, who is understood to have returned to the Dceme property, from a trip to England where he is said to have landed the dlay the fire broke ou:. "Just how this might be accomplishâ€" ed is not altogether clear, although it probably would be feasible to extend an aerial tramway from the Dome to the Hollinger mill. It is pointed out that Hollinger‘s mill, with a capacity of about 8,000 tons daily, is understcod currently to be handling about 4,500 tons daily. Dome, so it is said, had been producing 1,5000 tons daily. It would be indicated, therefore, that a section of the Hollinger mill might be allocated for the treatment of Dome Ore entered into between Dome Mines Limited and Hollinger Consolidated Gold Mines, Limited, whereby the ore of the former might be treated in the mill of the latter. The Dome mill was destroyed by fire on October 28th, the plant, however, being covered by inâ€" surance believed to amount to around $1,000,000. "While nothing official has been said, it is being suggested that there may be a possibility of an arrangement being the heading, "Will Dome Ore Go to Hollinger‘s Mill?" The Market Despatch this week writes as follows in regard to the milling problem of the Dome:â€" Many suggestions have been made and are being made in regard to what the Dome Mines will do about milling its ore. One suggestion was that the Dome might buy or lease the Paymasâ€" ter plant. Another is that the millâ€" ing might be done at the Hollinger. It should be borne in mind that there is absolutely nothing official about the intentions of the Dome and there is not likely to be for some days. As a consequence any suggestion is no more than a guess. Of course, guessing is permissible, so long as it is distinctly understood that there is no suggestion of official announcement until the offiâ€" clal anncuncement is actually availâ€" able. How Will the Dome Mines Deal with Mill Problem? THE PORCUPINE ADVANCE, TIMMINS, ONTARIO The British Family Reâ€"Union Asâ€" sociation has just been created by the Canadian Pacific department of Colonization ~and Development â€" backed influential organizaâ€" tions, groups and individuals ~â€" to promote increased British settleâ€" ment in Canada. It will particuâ€" larly benefit heads of families in Canada desirous of haviny their wives and families rejoin ®:em in the Dominion, and others, estabâ€" lished on this side wishing to help relatives or friends Roverseas to emigrate ta the Dominion for perâ€" manent residence. The farm of Gustay Elgert of Wetaskiwin that won the trophy recently offered by the Edmonton Board of Trade for the best field of wheat in the northern half of the province of Alberta as well as the cup donated by the Alberta Government for the best farm in Alberta, has yielded 46 bushels to the acre on a 100dâ€"acre field and graded No. 1 hard. Elgert is anâ€" other farmer who came to Canada w‘thout capital and has made a striking success, 3 Superior grazing, conditions in British Columbia are given as the reason for a shipment of 3600 grade Ramboulet ewes and rams from Montana recently made to the Vanâ€" coaver Live Stock Exchange for distribution to sheep raisers in the Kamloops and Cariboo districts of British Columbia. Mr, DePencier‘s attention was called to a brokerage house report which statâ€" ed that arrangements were being made with Hollinger Consolidated to utilize the surplus capacity atythe Hollinger mill to treat Dome org. _ Surveyors have been on the ground for several days making a preliminary survey beâ€" tween the Hollinger and the Dome for an amerial tramway in the event that such a plan were to be adopted. It is also understood that Dome has cbtained suggestions from the T. N. O. Railway as to the probable freight rate for hauling ore from the Dome to Hollinger. Mr. DePencier confirmed the report that the matter of sending Dome ore to Hollinger was under conâ€" sideration, but in view of the many angles of the situation, stated emâ€" phatically that no decision had been made. Replying to a question whether if such a plan were adopted it would be made a permanent arrangement and where its adoption could be regarded as a sign that the Dome mill would not be rebuilt, the gemeral manager was nonâ€"committal. It would be perâ€" The arrangement existing beâ€" tween the Canadian Pacific Railâ€" way and the Government of Nova Scotia with regard to English imâ€" migration which has proved muâ€" tually satisfactory, will be conâ€" tinued for the coming year, is the recent announcement of L. B. Fraâ€" ser, secretary to Premier Rhodes. An apple tree, over a hundred4 years old, remarkable for its symâ€" metry and having this year proâ€" duced 22 barrels of Calkin Pippin apples, is attracting much attention in the orchard of Downey Morton, Lakeville, King‘s County, Nova Scotia. Mr, Morton picked apples from the same tree 55 years ago and it was then a fully grown tree. Today he believes it to be well over the certury mark. a new mill to replace the one which was destroyed by fire on the night of October 28th or whether an arrangeâ€" ment will be made to utilize the inoperâ€" ative plant capacity of some of the other mines in the district to treat Dome ore has not yet been decided and is still under deliberation. This was made clear yesterday by Mr. H. P. DePencier, viceâ€"president and general manager, who has just returnâ€" ed to South Porcupine from England and is losing no time in assembling deâ€" tails of the situation upon which to base a decision. it still has in its ranks T. Holmes of Toronto, youngest â€" Victoria Cross holder in Canada who capâ€" turead an enemy machine gun nest singlehanded at Passchendaele. South Porcupine, Nov. 16â€"The quesâ€" tion of whether Dome mines will build Over 300 officers and men of the 4th Canadian Mounted Rifles first mounted regiment, formed in Torâ€" onto at the outbreak of the Great War, is holding its first reunion since the war at the Royal York Hotel, Toronto, November 29 next. The unit is proud of the fact that Mr. Ed. Loney, mining editor of Th» Sudbury Star, was a visitor to the camp last week, spending several days around the various mines. As might be expected there were a number of speâ€" clal articles in The Star as a result of the visit, and among these was the folâ€" lewing in reference to the Dome and its milling question:â€" Management of Dome Views Problem from All Angles Interview with Officials by Mining Editor of Sudbury Star. "Lay it _with apples," (‘anadlan Pacific Express Company â€" slogan for the sending of gifts by Canaâ€" dians to friends in Great Britain and Europe, is being extended from Christmas and New Year presents to gifts sent at all times of the year. With the present banner apple crop of Canada, the fruit can be bought at a reasonable price and its quality is of the highest. If sent overseas before the close of navigation on the St. Lawrence, cost will be considerably reduced. DOME CONSIRERS THE USE OF THE HOLLINGER MILL JHere and There Bornâ€"In St. Mary‘s hospital, Timâ€" mins, Ont.. on Friday, Nov. 15th, 1923, to Mr. and Mrs. Thomas Bolton, of Philadelphia, â€" Pennsylvania, US.A., (nee Irene Hamilt>n, formerly of Perth Ont.)â€"a son (Robert Walker). »uadDury »tar, and formerly a res.Csat of Timmins and Schumacher, wias 2 visitor to the camp last week on busiâ€" ness in connection with his work. Mr. Ed. Loney, mining editor of Th Sudbury Star, and formerly a res.Jsa Lecision to rebuil the muil will mean, in the opinion of thee n:zsole, that Dome is assured of icovre t"~han two or three years‘ ore as shown in the offâ€" clal report. Undoubte.‘lv. it would have a more stimulatinz efi~:> than the proposed plan of coâ€"opeciticn with any of the neigshbouring presorties. Every effort is being made at the Dome to keep as many of the married members of the staff as possible in employment. Before the fire the Dome was employing about 670 men and there are still more than 400 working in the mine. It is not expected there will be much further reduction, as the manâ€" agement is taking advantage o‘ the opportunity to do a number of things underground, particularly in the old part of the mine, which has been unâ€" der construction for years. Developâ€" ment and exploeration in the greenâ€" stones is being pushed as usual. Some mining is also being done, upper stopss are being raised through to surface and the ore is being stored in old stopes and in the glory hole. Throughout. the district th® question of the Dome mill is ons of constant conversation, so far as employment goes. Whether a new :mill is built or arrangoments made for treating the ore at Hollinger, there will be little difference, as the mill itself did not give employment to more than 60 men and mining operaâ€" tlions would have tn be carried on the same as befsro. Mst Porecupine reâ€" sidents, however ho felt for many years that Dome hal wvnsuspected reâ€" serves of ore which would kesp the ming in operation for a great many vears. is experimenting. While neilither Dome nor McIntyre officials are talking about it, the former are watching the MciInâ€" tyre for results from the new 100â€" test mill on which the new process was JjJemonstrated for the first time this week. The general manager, accomâ€" anied by the general superintendent, Mr. Stovel, paid a visit to the McIntyre mill on Thursday. A new mill designed for the Denny process of ore reduction could be built for about half the capital expenditure that would be necessary under the old system, while the cost of operating would be reached by apâ€" proximately 25 per cent. Dome executives have admitted their keen interest in the new ore reduction process which Mr. J. J. Denny has worked out and with which MciIntyre One argument against rebuilding the mill is the lateness of the season. The old mill is a mass of wreckage which in itself will take some time to clear away. Severity of Porcupine winters might delay considerably the work of erecting a large new mill immediately. In the end, however, no plan of coâ€" operation with either the Hollinger or Paymaster mill could be put into effect immediately and in any event Mr. Deâ€" Pencier stated it would be at least three momths before production could be resumed on anything like the old scale. The other alternative would be to take over the Paymaster mill, reâ€" equip it with new machinery and build an aerial tramway. This would mean hauling the ore a distance of about 7000 feet. Of the two alternatives the Hollinger seems to be favoured and is receiving the most attention at the bresent time. With only a limited number of years production is sight at the present time the question arises whether or not a more ecconomic arrangement would be to abandon the la.zer capital expendiâ€" ture in favour of a more makeâ€"shift plan of shipping the ore for treatment at some other mill in the camp. There are two alternatives in connection with this scheme. Arrangements might te made with Hollinger for utilizing the surplus capacity of the Hollinger mill. In this event the core would probably have to be shipped either by railway or actoss country by aerial tramway. This would mean a threeâ€"mile haul and it is feared in winter by the time the ore reached the mill the buckets would be frozen solid. Ancther factor is <~the difference between Hollinger and Dome ores. The latter comtain more pyrrhotite than the former and have been regarded as somewhat hardâ€" er to treat. The old Dome mill was a combination of an amalgamation and cyanidization process. Some quite exâ€" pensive changes would have to be made in the Hollinger mill in order to handle the Dome product. This phase 0o the situation is receiving attention from the Dome and Hollinger mill exâ€" perts at the present time. be simple and there would be no delay in clearing away the wreckage of the old and starting immediately on conâ€" struction of a new mill. Experience has proven that the 1500â€"ton mill was the most economic unit for the Dome mine and to replace the old mill with one of similar capacity would entail an expenditure of at least $500.009 and possibly as much as $750,000. manent for some time, anyway, was his reply. With their customary confidence in Mr. DePencier, Dome directors are unâ€" derstcod to have left the matter of new immilling arrangements up to his Jjudgment., As there are several angles to. the situation, the question is more intricate than might appear on the surface. Were Dome a young mine with an indefinite number of years‘ production whead, the solution would w / 1 Timmins Special Attention Given to Baggage Agent T. N. 0. Station Phon;, 200 STEAMSHIP TICEKETS We Pay for Ashes ‘ ITf vai1 nranart« in Anotun« es R, RICHARDsSOoN Head Office and Yard THMMINS, ONT, udbccl.a. i. on 4 wE OO Sheathings. Spruce Building Paper â€" Clear B.C. 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