Thursday, March 27th, 1930 For Sure Results Try Our Want Ad. Column Tints or Dyes All Fabrics, Any Shade Note: ALL RIT is INSTANT RIT 2 2 2 Remarkable New Tints Keep Undies NCW and FI’CSh AKE only 40 seconds to dissolve New INSTANT RIT in your wash bowl and you‘ll see latest Parisian shades for your underâ€" things appear almost as if by magic. Give these things a rinse or two . . . notice how easy it is to use. Notice, too, now these new tints Last for woeks longer .« . through many extra washings. This is due to exclusive German formula which makes colors penetrate to every of the me erial (far superior to mere "surface tinting‘"‘). Also observe how quickly and more evenly all colors are absorbed in the fabricâ€"colors are clearer, fresher, richer ... exactly like new. Real professional results with perâ€" fect safety are guaranteed by us «when you use New INSTANT RLIT. "Try it. Tell your friends. Use also to tint or fastâ€"dye dresses, stockings, <hildren‘s clothes, curtains, and household linens at *rifling cost. $ 31 lovely shades at your druggist or department store. 15c per packagze. THEEE WILL BE LOTS OF EATS, SMOKES, ETC., ALSO A SKETCH BY THE CELEBRATED LEGION ARTISTSs OF TIMMINS BRANCH. <ONGS, SOLOSs, INSTRUMENTALS, AND COMMUNITY SINGING AND ALL THE Members, Honorary Members and Exâ€"Soldiers of the District TURN OUT FOR THIS EVENT To Commemorate the Battle of Vimy, the Timmins Branch Canadian Legion will hold a TIMMINS BRANCH 88, CANADIAN LEGION . itA Ab PB .. h .cc ce c whether so marked on package or not (Harmless as Boiling Water) Any color, even black, is taken out of all materials completely by WHITE RIT ¢color remover). Also remarkable in removing spots and stains from white goodsâ€"even ink, fruit, perspiâ€" rution, rust, etc. Brings ‘"*yellowed"‘ or "grayed" \flhite goods back to original nmew whiteness Comrades All â€" "Atten Shun‘ WHITE RITâ€"Removes Color "The Hall is The Oddfellows‘ Hall ‘The Time to Start is 8.30 p.m. The Price of Admission is $1.235 ‘The Date is Wednesday, April 9th, 1930 The Eats and Smokes, etc., are of the Best The Artists are Second to None, The Entertainment Commiitee are in Charge The Night wi.l be A REAL VIMY NIGHT A BOOKLET embodying the DIRECTORS‘ REPORT, the ADDRESS OF THE PRESIâ€" DENT AT THE ANNUAL MEETING, and a FULL LIST OF THE SECURITIES HELD BY THE COMPANY, is now availâ€" able and may be had on Application to Sun Life Assurance Company __Room 409, Head Office Sun Life Assurance Company of Canada Montreal Wednesday, April 9th, 1930 ODDFELLOWS HALL, TIMMD of Canada Condition of the Hollinger Mine and Mill Satisfactory The nineteenth annual report of the Hollinger Consolidated Gold Mines, Limited, was made public at Toronto last week. The financial statement for the year ending Dec. 31st, 1929, shows value of production at $9,433,767, as compared with $10,712%,821 in 1929 and $14,548,889 in 1927. The liquid position of the company shows further strengthâ€" ening, with excess of current assets over current, liabilities shown at $12,217,882. Net profit in 1929 amounted to $3,638,â€" 608 against $3,731,566 in the preceding year. Annual Report of the Hollinger Consolidated Gold Mines Shows Net Profit from Operations of $3,638,606.00. Costs Slightly Reduced. Field Force is Active Looking for New Properties. Other Interesting Facts and Figures from the Hollinger Annual Report. Added to the production value of $9,433,767 was other income of $733,439, making total revenue for 1929 â€"of $10,â€" 167,207. Deduction of operating exâ€" penses at $6,125,728; depreciation at $57,604; taxes at $324,234; adjustments The operating profit for the year was $4,041,479 against $4,279,280 in 1928. The net profit from operations was $3,â€" 638,605., which compares with $3,751,â€" 566. An average of 4,268 tons were milled during 1929, as compared with 4982 in 1928. The average value per ton milled was $6.33, as against $6.28 in the previous period. The number of tons of ore milled last year was 1,549,â€" 157, as compared with 1,778,470 in the preceding year. The gross value of gold ‘was $9,805,963, while in 1928 it was $11,179,488. The. net value recovered was $9,433,767, and in the previous perâ€" iod $10,712,821. There will be general interest in what the president, N. A. Timmins, says in his annual report to shareholders:â€" "During the year, the organization of International Bond and Share Corporaâ€" tion, the securities subsidiary incorporâ€" 167,207. Deduction of operating exâ€" penses at $§6,125,728; depreciation at $57,604; taxes at $324,234; adjustments at $21,033 and dividends at $3,198,000, left asurplus of $440,606. Previous surâ€" plus was brought forward at $10,669,â€" 553, making a profit and loss balance in the current report at $11,110,160. 88, of the ated by the Hollinger Company, was completed, and the company comâ€" menced operations on August 1 on which date they took over the investâ€" ments of the Hollinger Company at their then market value, namely $11,.â€" 195,980, the Hollinger Company receivâ€" ing in payment preferred and common shares on the subsidiary company. Statements are now being prepared showing the condition of the subsidiary company and further details will be submitted at the annual meeting. In connection with the Kamiskotia situation Mr. Timmins states: "Pending a decision of the Ontario Government to extend the Timmins branch of the Temiskaming and Northern Ontario Railway to the Kamiskotia district, a distance of about 17 miles, work on your Kamiskotia property has been shut down throughout the entire year. Your directors pointed out last year that the building of the railway would not only serve a promising new mining field, but should prove of value as aA colonization road. They have shown their faith in your property by the exâ€" penditure to date of almost $400,000 ; they are willing to expend at least $500,000 in this erection and equipment of a concentrator, and they are even prepared to go farther, and have offerâ€" ed to make a substantial contribution towards mesting any operating loss on the proposed branch line, notwithâ€" standing their contention that the exâ€" tension of the railway is entirely a Governmient enterprise, the cost of which should be borne by the Governâ€" ment, as has been done in the case of other extensions. â€" "The Hollinger Company is interestâ€" ed in only a comparatively small porâ€" tion of the vast area that will be openâ€" ed up by the proppsed railway, and your directors feel that they have gont as far as should reasonably be expectéd in offering to assume a special obligaâ€" ‘ion in connection with an enterprise for the benefit of the entire Province." Mr. Timmins points out that condiâ€" ions at the mine and mill are satisâ€" factory. 1 The number of shareholders continuâ€" ad to increase, and now number about 8,000, with 4,492,461 shares out of a total of 4,920,000 held in Canada. In his report on developments, Genâ€" eral Manager A. F. Brigham states that during the year 1928 it became evident, owing to changes in the charâ€" acter of the ore bodies in the lower Tevel, that the system which had hereâ€" tofore proved rapid and satisfactory where the veins were regular and of comparatively uniform grade, would not serve under the changed conditions. Therefore, it was determined to susâ€" pend a large part of the development programme on the lower levels, pending a geological investigation of the proâ€" blem. "As was announced at the last annual meeting, Dr. L. C. Graton of Harvard, with a corps of assistants, was engaged to conduct this work," continues Mr. Brigham. "They have so far confined their efforts to fundamental studies 0s genieral geological features during the past year, and will continue in this phase of work during 1930. In the meantime mining and development has been continued on the upper levels, above the 800 principally, from which 790,000 tons were hoisted, with a deâ€" pletion of 372,000 tons. Above this horizon the value of the remainder is approximately $9, and a further 900,000 tons of additional reserve remain, of a value between $4.50 and $6, which will yield a profit, as the greater part of the development chargeable against this has been done. A further threeâ€" quarters of a million tons were taken from the lower levels, where the reserve tonnage was increased by 206,000 tons, notwithstanding the reduced proâ€" gramme of developiment. "Referring to the development schedule, it will be seen that 29,.174 feet of crossâ€"cuts were drivien in 1929, as compared with 51,120 feet in 1928, showing a decrease of about 22,000 feet, which is in accordance with the notaâ€" tion re deferred development as above. This must necessarily be reflected in the ore reserves, which were depleted to the extent of 200,000 tons as comparâ€" ed with 875,000 tons during 1928. Thnese figures are not exactly comparable as the milling rate was greater in 1928 than in 1929, but they indicate better conditions. D.O b‘. D:O b‘. D‘O "Work was also continued on the Schumacher and adjacent sections on the lower levels, with developments as follows: The shaft was completed at 4,040 feet. Levels were opened at 3,050 feet, 3,350 feet, 3,650 feet and 3,950 feet. Thus fan over 100 feet of ore has besn THE PORCUPINE ADVANCE, TIMMINS, ONTARIO "Our feld force have been actively engaged throughout the year, and many properties have been investigated. None have so far been found interestâ€" ing, but having in mind the progress of Northern Ontario during the past ten years, we will continue to investigate with optimism, as many prospects as possible." opened below the 2,900 feet, with values ranging from $8 to $8.50, with other footages of lower values around $6. This work has not advanced far enough to make a reliable statement of tonâ€" nages, but progress will be made toâ€" ward this end during the year. On the 2,900â€"foot level and abovie, veins appreâ€" gating about 1,200 feet in length of apâ€" proximately $8 ore are in sight, as deâ€" veloped by drifting and diamond drill holes. This ore will be availabl‘e for milling during 1930. Mr. Brigham reports that bullion / shipped during 1929 totalled $9,559.523, | and this compares with $10,706,234 in the preceding year. Total charges for the year under review amounted to : $6,125,728, as against $7,185,687 in 1927. Development work during the year consisted of 43,515 feet of drifting, 29,â€" 174 feet of crossâ€"cutting, 1,083 feet of raising, 11,962 feet of diamond drilling, 12,987 feet of stoping, as well as 1,390 feet of excavation. Total sinking, driftâ€" ing, crossâ€"cutting and raising was 73,â€" 772 feet, as compared with 93,700 feet in 1928. Broken ore at the mine at the beginâ€" ning of the year was 1,112,662 tons, ore broken during the year 1,513,672 tons, ore removed during the year 1,548,808 tons, and broken ore in the mine at Dec. 31, 1929, amounted to 1,079,526 tons. The heaviest tonnage broken during the year was above the 200, 300, 675 and 300â€"foot levels. Considerâ€" able tonnage was also broken above the 2,800 and 2,450â€"foot levels. Total ore reserves were estimated at $47,819,398 on Dec. 31, 1929. This comâ€" pares with $51,210,235 at the end of 1928 At the end of 1929 there were 773,245 tons of a value of $11.83 per ton, or an estimated gross value of $9,147,028. There were 2,637,266 tons valued at $8.88 per ton for an estimated gross value of $23.431,418, and there were 461,237 tons of ore valued at $7.34 per tons or an estimated gross value of $3,387,383. The average number of men employâ€" ed during the year was 2,105 as comâ€" pared with 2,297 in 1928. ‘The balance sheet and profit and loss statement as at Dec. 31, 1929 is as folâ€" lows:â€" Capital Assets Deferred ......... Current:.......;.2., Investments ... Oper. profit ............... Deductâ€" T A se ie i Pnd e d i Adjustment on sale and reali- "Free Taxis Toâ€"morrow" Cur. Liabilitiesâ€" Wages unpaid ... Accounts payable .. Res. for taxes: Dominion of Canada and municipal ... Disposal of 1929 income General charges .............. Milling charges ................ Mining charges ... Profit and Loss Statement Sources of 1929 income: Gold and Silver produced. ..... $ 9,433,767 Interest on Investments and other. Premium on U.S. exchange Net oper. profit ... Paid out in dividends . Added to surplus ... Deducted from surplus Capital Stock In treasury ... Net surplus zation of securities $1.00 any place in Timmins $2.00 to South Porcupine 32 Third Avenue, Timmins Hamilton‘s One Dollar Checker Taxi PERFECT SERVICE Just Phone 11 Liabilities Assets $22,047,444 544,835 . 840,885 11,999,600 $36,332,773 $10,167,207 $24,600,000 $ 432,612 $11,110,160 $ 684,060 1,016,368 4,425,299 $ 6,125,728 4,041,479 $12,840,492 $36,332,773 $25,000,000 400,000 402,872 3,638,606 3,198,000 151,455 281,157 669,637 63,802 190,000 57,604 21,033 EASY! QUICK! GLYCERIN MIX FOR CONSTIPATION At Cochrane a fourth trial of the longâ€"drawnâ€" out case of Alexander vs. Canadian National Railways is considâ€" ered quite likely, but the date and the venue of the hearing remain uncertain. The spring assizes for the Cochrane district are scheduled to open on April 8th, and the case is hardly likely to be set doewn for trial then, cwing to the short time now remaining, and always assuming the plea of the "railway comâ€" pany to have the case transferred to Cochrane is granted. This contention on the part of the C.N.R. is being conâ€" !tested by the plaintiff‘s solicitors, it is stated at Cochrane. ~As understood an order was issued at Osgoode Hall to |change the venue of the case from Haileybury to Cochrane, but A. G. Slaght, K.C., acting for the plaintiff \ Alexander, is said to be prepared to !challenge the jurisdiction of the court | in issuing the order, and to be anxious to have the new trial, when it is held. take place at Haileybury, scene of the _three former hearings. Simple glycerin, buckthorn bark, saline, etc.. as mixed in Adlerika, reâ€" lieves constipation to TWO hours! Most medicines act on only lower bowel, but Adlerika acts on BOTH upper and lower bowel, removing poisons you never thought were in your system. Just ONE spoonful reliéves GAS, sour stomach and sick headache. Let Adlerika give stomach and bowels a REAL cleaning and see how good you feel! Goldfield Drug Store. Alexander Case May be Up for the Fourth Time The C.N.R. also wishes to have the jury notice struck out, but this move also will be contested by the plaintiff The motion has been before a judge already, but adjournment sine die was ordered, with the understanding that it would be raised on two days‘ notice. Defendants assert that three jury trials have failed to decide the issue and that a fourth trial has been ordered by the court of appeal. Attempts were made, but without success, between two of the previous trials to have the case transferred to Cochrane. It is improbable now that the case will be tried again before the fall. Teâ€" miskaming assizes open on Tuesday next at Haileybury, and the lists thére were closed last Wednesday night, so that it cannot be set down for that court. Alexander is the former Kapusâ€" kasing merchant who is suing the C. N. R. for damages following the loss of leg under the wheels of the Contiâ€" nental Limited at Kapuskasing station. One disagreement on the part of the jury was sandwiched between two favourable verdists for the plaintiff, but both of these were set aside by the Court of Appéal. Hollinger Stores Ltd. WANTS TO DRESS UP FOR FASTIER Teachers‘ Bowling for the Week of March 19th The following ate the scores for the Teachers‘ Bowling for March 19th:â€" W. James J. Bogie . 8. Gowan J. Harris M. Morrison I. Roberts . G. Hughes H. White ... G. Everett . O. Ramsay . M. Thorburn M ~BAIT ...... W. McKelvie M. Smith ....«.. M. Tackaberry N. McLeod ... 3 i i 1 o Blyth .. Connor Davey Evierett Ohlman Ann Piche, 25 years of age, was senâ€" tenced to three months in the reformaâ€" tory when she came before the magisâ€" trate at Port Arthur on a charge of cruelty to children. Two youngsters had been badly beaten with a broom handle. The youngsters were the children of a man for whom the woman said she acted as housekeeper, though she admitted that he was the father of her own child 18 months old. The couple and the children lived at Sioux Total Total Total EFOLAL: s q: /d 410 404 814 Standing of teams:â€"Aâ€"6; Bâ€"4; Câ€"2; Salada QOrange Pekoe has by far the finest flavour an gn m BLS’ND ‘ ; B. TEAM . 128 ...... 126 .. 141. 4 i ..... 506 D TEAM 141... 11280 ) ...... 152 ‘Fresh Srom the gardens‘ 137 160 103 168 568 127 426 505 191 110 105 279 153 158 681 605 181 180 115 129 143 102 70 89 223 326 183 262 9004 319 230 209 403 202 210 317 301 321 238 281 2710 184 Lookout. A doctor giving evidence at the trial said the house was dirty and the conditions not fit for children while the two youngsters had been seriously injured by the broom handle used on them. TIMMINS BRANCH 88 Canadian Legion B.E.S.L. their late comrade Louis V Thomas Lumley All members #®W the above Branch are asked to attend the funeral of MILIT A R Y FUNERA L schumacher Comrades and exâ€" Service men assemble United Church, Schumacher, at 3 p.m. Timmins Comrades and exâ€"Serâ€" vice men assemble at Cenotaph Timmins at 3.30 p.m. sharp. Funeral Cortege will leave Cenoâ€" taph at 3.45 p.m. and proceed down 3rd Avenue, to Pine Street, to Kirby Avenue, thence by cars A. E. Mortimer, Sec‘yâ€"Treas., 165 Spruce St, North, Phone Tim to cemetery. THE LOAN OF CARS WILL BP Phone 75 GREATLY APPRECIATED It is also desired to have Ssouth African â€"Veterans act as pallâ€" bearers. Kindly Notify Austin Neame, President, Mine Rescue Station, Sunday, April 6 Timmins 149 Timmins