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Hollinger Stores Ltd. Thursday, May 29th, 1930 and All That Goes With T hem In shirts, ties, hose, golf kmckers, flannel trousers, sweaters, etc., in fact all a man‘s summer requireâ€" ments, we offer a selection of fresh new stock it will PAY you to look over. COME IN AND SEE THEM. QUALITY AND STYLE WILL SUIT YOU, 5O WILL THE PRICES. We have just received a new shipment of Boys‘ knickers, shorts and long trousers, including the handy "Aeroâ€"Bocker." Buy Hollinger Qualityâ€"It Pays "The ore broken in the mine during the year amounted to 593,459 tons, an increase of 23.5 per cent. over the preâ€" Details of mining, milling, developâ€" ment, etc., are given very fully in the report by Mr. Ennis. From the report the following extracts are taken as 0: special interest:â€" year, For the year under review th: production was $4,433,626.45, as comâ€" pared with $4,212,624.82 in the previous year. The production in 1912 was $76,â€" 166.38, and in 1913 it was $225,752 25. The tcial production to March 3ist, 1930, was $41,455,948.91. Assetsâ€"cash on hand and in bank, $184,370.65; bullion in transit, $138,â€" 617.61; call loan, $700,000.00; marketâ€" able securities, at market or less, $2,â€" 331,378.50; accounts receivable, $4,â€" 127.97; interest receivable, $24,767.67; supplies on hand, at cost, $270,770.29; investment in Blue Diamond Co., Ltd., and Canadian Coal Fields, Ltd., $853,â€" 492.23; McIntyre Mercantile Co., Ltd., $1.00; mining properties, $4,194,339.97; plant and equipment, $3,690,070,21; operating and administrative pretiayâ€" ments, $30,633.95; total, $12,422,570.05. Liabilitiesâ€"payrolls payable, $65,â€" 432.33; accounts payable, $47,143.58; provision for municipal, provincial and Dominion taxes, $176,817.41; provision for sundry liabilities, $25,718.19; genera; reserve, $400,000.00; reserve for depreâ€" ciation of plant and equipment, $3,559,â€" 318.81; cariital stock, authoried 800,000 shares at $5.00 per share par value, $4,â€" 000,000.00, capital stock, issued 798,000 shares at $5 par value, $3,990,000.00; surplus, $4,158,139.78; total, $12,422â€" 570.05. In the profit and loss statement, April l1st, 1929, to March 31st, 1930, the following figures are given:â€" Earningsâ€"Bullion recovery, $4,457,â€" 000.97. Operating costsâ€"Mining and develâ€" opment, $1,716,515.55; crushing and conveying, $83,716.68; milling, $380,â€" 391.37; miscellaneous camp costs, $2,â€" 230,044.87. e Administrative and general expenseâ€" Management and general expense, mine, $97,636.09; administrative and general expense, Toronto office, $81,â€" 874.45; transfer, registrar, stock issue and dividend expense, $6,766.53; inâ€" surance, $14,842.11; total, $201,119.18. A review of production since the beâ€" ginning of milling operations in 1912 shows a practically steady growth in the total value produced from year to Respectfully submitted, J. P. BICKELL, president. The balance sheet for the year gives the following figures:â€" Provision for municipal, provincial and Dominion taxes for current year, $122,197.90. The foilowing figures of produciion are given for the year:â€"ore treated, 550,495 tons; value per ton, $8.46; gross value, $4,657,188.00; bullion recovered, $4,433,626.45; bullion recovered per ton, $8.05. The bullion contained gold to the value of $4,408,936.89; silver to ths value of $24,689.56; and the premium on U.S. funds was $23,374.52; making a total of $4,457,000.97. The annual report of the McIntyre Porcupine Mines, Limited, for the year ending March 31st, 1930, shows a year of most satisfactory kind. In every deâ€" partment the report shows satisfactory results. The president‘s address sumâ€" marizes the year in very effective and rieasing way. The address. reads as follows: â€" We continue to regard as one of our greatest assets the splendid hardâ€"workâ€" ing intelligent organization whose coâ€" operative and successful effort is acknowledged mth grateful appreciaâ€" tion. Tcotal operating costs, before providâ€" ing for taxes and depreciation, $2,431,â€" 164.05. Operating profit, before providing for taxes and depreciation, $2,025,836.92. Operating profit and nonâ€"operating revenues, $2,194,497.72. Net profit for the year, before depreâ€" clation provision, transferred to surplus account. The report of the general manager, R. J. Ennis, deals with the progress of the mine in detail. Gross production and earnings exâ€" ceed any figure previously established. Ore reserves now gross $19,417,.424.00, with an average grade of $8.30 per ton. Comparing thts total with $16,179,205.00 of $8.00 grade, as reported in the preâ€" vious year, and having regard for this year‘s gross mine production of $4,â€" 657,188.00, it will be seen that the ore developed in the p>riod under review had an estimated gross value of $7,895,â€" 407.00. Ncnmnâ€"operating revenues, interest and discounts earned, $148,867.90; miscelâ€" laneous earnings, $19,981.90. Gross Production and Earnings Exceed Any Figures Preâ€" viously Established. Ore Reserves Now Total $19,417,â€" 424.00, with Average Grade of $8.30 per ton, a Notable Increas Over Last Year. Everything Going Well at the Mclintyre, the Annual Report Shows. To the Shareholders:â€"The eighâ€" tecnth annual report submitted hereâ€" with describes a period of uninterruptâ€" ed and satisfactory progress. ‘The compiiny continues to pursue an aggressive development policy and conâ€" stantly studies its probable future reâ€" quirements, having regard for increased efficiency and economic capacity. Research work in connection with our milling practice, while not yet definiteâ€" ly conclusive, has been productive of results reflecting great credit upon those conducting the work, and the inâ€" formation thus obtained is being careâ€" fully considered with a view to deterâ€" mining whether or not we may be warâ€" ranted in changing our milling pracâ€" tice. Mcintyre Mine Has Year of Very Satisfactory Progress THE PORCUPINE ADVANCE, TIMMINS, ONTARIO J. R. Newman, Assoc. LRE. Phone 562â€"W "No. 11 Shaftâ€"Ore handling faciliâ€" ties at No. 11 shaft were completed in October and since then the full mine tonnage has been raised through this shaft. The completion of this work has enabled us to pursue development on most of the veins previously exposed in this area, from the 1,500 level down to the 3.875. Favourable developments on the upper levels necessitated stations at the 1,375 and 1,625 horizons and these have been cut, working from the No. 6 shaft or West side without interâ€" ruption to No. 11 shaft operation. On the levels below 2,875 a total of 6,422 feet of drifting has been done to date; 3,597 feet or 56 per cent. was in ore of average grade over drift width. This record is better than the average obâ€" tained throughout the mine." vious year. There were 550,593 tons hoisted and broken ore reserves inâ€" creéeased by 42866 tons. During the year 45 per cent. of production came from cut and fill stopes. No stoping has yet been done on the levels below 2,875." ‘"Development work perform:ed during the year amounted to 27,895 feet, a deâ€" crease of 6,476 feet from that of the previous year. This work included 17,â€" 2471 feet of drifts, of which 2,540 feaet were on line, 14.731 feet in vein materiâ€" al; 8,267 feet, in ore of $10.00 grads over drift width. Advance in ore was 34 per cent. greater than last year ans is reflected in the estimate of ore reâ€" serves. No. 3 vein, stopes produced 118,116 tons of an average grade of $8.00 per ton. No. 7 vein, stopes proâ€" duced 129,391 tons of ore average grade of $10.00 per ton." A table of ore reserves, 1929â€"1930, by claims, shows:â€"McIntyre claims, 695,â€" 205 tons, value, $4,981,717.00; McIntyre Extension claims, 157,368 tons, value, $1,659,598.00; Jupiter claims, 1,076,462 ~then the fielders suffer / when th‘ pitcher oes wild Goldfield Drug Store The Goldfield Drug Co. will put on their Annual Swim at Golden City, suly 27th. This promises to be the Biggest Event ever known in the North. Mr. K. Eyre will have full charge of the affair. Further Particulars Later. Drives the Clouds Away and Lets the Sunshine In. Poor Digestion may cause trouble if not corrected. Howard‘s Stoâ€" mach Remedy will be found a boon to those suffering from poor Digestion. Price One Dollar Sour Stomach, â€"Poor Digestion, â€" Heartburn, Timmins Bad Breath, Pain Around the Heart Ulcer of the Stomach Fullness in the Chest Dullness and a Depressed Feeling Let us test your tubes. Perhaps we can save you much money. It‘s the same with your radio. When one tube gets weak, the other four or five are overtaxed, and their life is shortened badly. This Medicine is Especialiy Prepared for Dyspepsia Remedy HOWARD‘S Stomach EXPERT SERVICE ON ALL MAKES RADIO APPARATUS BUILT TO ORDER and Ontario UL. I.MA.L, â€"Hamilton Spectator:â€"Times are so N \bad that the barbers threaten to inâ€" . L crease the price for shaves, because TimmMmins men‘s faces are so much longer. A special meeting of the Mountjoy Conservative Association is called for Saturday eveninz of this week in the McChesney office building at 87 Wilson avenue, at 8 pm. Special questions of importance are to be dealt with and all members and friends of the association are asked to attend. Members and octhers should note the new quarters, the McChesney building, 87 Wilson avenue, and should be there on Saturday evening, May 31ist, at 8 p.m. tons, value $10,073,952.00; Plenaurum claims, 164,095 tons, value $1,048,755.00; broken ore, 252,546 tons, value $1,653,â€" 402.00; total, $19,417,424.00 Operating costs are detailed as folâ€" lows:â€"mining, exploration, $52,442.41, or .095 per ton of ore milled; developâ€" ment, $402,727.23 or .73 per ton; breakâ€" ing and stoping, $1,247,236.41, or 2.36 per ton; examination of prospects, $14,â€" 109.50, or .02 per ton. Total $1,716,â€" 515.55, or 3.1181 per ton of ore milled. Crushing and transportation,. $83,716,â€" $88, or .15 per ton; milling, $380,291.37, or .69 per ton; hceating and maintenâ€" ance, buildings and camps, $49,421.237 or 08 per ton; bullion marketing and general expense, $97,636.09, or .17 per ton; administration and general exâ€" pense, Toronto office, $88,640.98, or .16 per ton; insurance, general, $14,842.11, or .02 per ton. In concluding his report Mr. Ennis says:â€"‘"The volume and grade of the ore reserves were increased during the year, largely through the opening up of veins adjacent to No. 11 shaft. Reâ€" sults obtained from this development, so far as it has proceeded, are quite satisfactory, and warrant the expectaâ€" tion of continued success. I take pleaâ€" sure in expressing my appreciation of the coâ€"cperation extended and the good work performed by the staff" A careful analysis is given of the mine and milling costs. Additions to plant buildings and equipment are deâ€" tailed, the net additions for the past year totalling $139,083.37. PROSPEGTS FOR DELORO DISTRIGT LOOK VERY 6000 What is generally known as the De:â€" cro area is showing renewed promise at the present time. This section has always had an appeal for many of the oldâ€"time prospectors who are in posiâ€" tion to know. They look upon the disâ€" trict as one that will yet make good in emphatic way. At the piresent time the March Gold Mines looks good. Not so far away the Dome is showing its faith by the erection of a new mill and though this is in Tisdale it is a good sign for the whole district. . In Deloro itself the new Paymaster Conâ€" solidated Mines, Limited, has given added impetus to ‘the interest in the area. This new company is a consoliâ€" dation of the Paymaster, the West Dome Work is being carried along on the La Roche Mines with generally satisâ€" factory results, and the owners of the property are planning to extend operaâ€" tions. What is needed for this section of the Porcupine is more capital to thoroughly test out the area. It seems to be well worth such testing and the chances are that it will prove a good investment. <~There are plans now unâ€" der way to secure capital and there is reason to hope and expect that the capital will be forthcoming for the advanmtage of the promising area and for the ultimate profit of the investors. La Roche Mines One of the Promising Prospect; in Area Where New Payâ€" master, the March and Others Are Situated. Lake and the United Mineral Lands, holding large and promising interests in Deloro. All the old indebtedness of West Dome Lake has been cleaned up and about 312 acres immediately adâ€" joining the Dome Mines on the west have been transferred and registered in the name of the new company. It is the intention of the Paymaster Conâ€" solidated Mines, Limited, at the earliest possible date to resume mining operâ€" ations on the old West Dome Lake properties and to concentrate all minâ€" inz operations on that property, mining operations on that property, pending the transfer of the 53 mining claims and all other assets formerly belonging to the United Mineral Lands, Limited, and United Mineral Lands Corporation. The first offering oi treasury stock in the new company is at 30 cents a share, with present shareâ€" holders chaving the preference in purâ€" chasing same. Another very promising property in the Deloro region is the La Roche Mincs, Limited, of which J. Edward McMahon is the president, and James C. Roche, the secretaryâ€"treasurer, with the latter‘s office in Buffalo, N.Y. This property has two veins that are espeâ€" clally promising. No. 2 vein has panâ€" ned free gold in four test pits put down on it, and assays up to and over $100.00 in gold per ton have been plicked up on this vein. In one of the pits two asâ€" says are worthy of note, $22.40 being secured over a width a little hetter than five feet, and $43.42 over 19 inches in the drill. Vein No. 1 has a lower grade of ore, but $8.00 in gold per ton was assayved over 24 inches in the drilling. In the last few days a third vein has been uncovered where free gold has been panned like the No. 2 vein. In Vein No. 2 at drill hole 2 the reâ€" sults are given as follows:â€"69 to 71 feet 6 inches, $1.50; 71 feet 6 inches to 74 feet, $10.60; 74 to 76 feet, $17.00; 76 to 79 feet, 60 cents; 79 to 84 feet, 60 cents; 84 to 87 feet, 6 inches, 50 cents; 87 feet, 6 inches, to 89 feet, $43.42. SPECIAL MEETING SATURDAY OF MOUNXTJOY CONSERVATIVES |BGOLDFIELDS * LI Z2 A C EJ P _ e Do not miss a meeting THE LIFE OF CHRIST "ROMANCE OF THE RIO GRANXNDE" "THE ROGUE S8ONG "DISRAELT" "HQOT FOR PARIS" "NO, No NArxETTE "SHE COULDN‘T SAY NO" "SHOW OF sYOWS "COHEN‘S AND KELLY‘S IN SCOTLAND" Midnight Showâ€"Friday, June 6th at 11 80 p.m. Tuneful Melodiesâ€"Gorgeous Coloursâ€"Glittering Dance Ensembles and surging human drama behind the footllights. Comedyâ€"LAUREL and HARDY in "THE PERFECT DAY" FOX MOVIETONE NEWS More Action than a World Seriesâ€"More Music Than the Follies More Romance than "Broadway Melody" COMEDYâ€"HARRY LANGDON in "THE HEAD GUYÂ¥" FOX MOVIETONE NEWS A Peppy Story of the Fighting Ring. DoON‘T MISS THIS Thursday, Friday, Saturday, June 5, 6 and 7 Matineeâ€"Daily at 2.30 p.m. Eveningâ€"at 7.00 p.m. continuous performance Wednes., Thursday, May 28, 29 (Two Days only) With Grant Withers, James R. Kirkwood, George Fawcett and David Torrence. Friday, Saturday, May 30, 31 (Two Déys only) VAN and SCHENCK Midnight Showâ€"Friday, May 30th at 11.30 p.m SPECIALâ€"Mon., Tues., Wed., June 2, 3, 4 DOUBLE FEATURE PROGRAMME George O‘Brien and Sue Carol in "THE LONE STAR RANGER" (by Zane Grey) The First Allâ€"Western Talking Picture to Play Here ALSO "SPEAKEASY" with Paul Page and Lola Lane EVANGELIST R. E. WALSH " They Learned About Women" T H E AT R E.3 TALKING PICTURES AT THEIR BEST " CHASING RAINBOWS" is a meeting Everybody Welcome Bring your Bible and a Friend COMING ATTRACTIONS ADDEDâ€"TWO VITAPHONE ACTS Dolores Costello IN First of a Sceries of Bible Studies on the Life and Teaching of Jesus BIBLE PROPHETS FORETOLD JESUS‘ BIRTH â€"AND LIFE Union Hall, 91 Third Ave., Timmins WORK. THE SAME PROPHETS FOREâ€" TELL HIS SECOND COMING IS NEAR AT HAND. ILLUSTRATED SONG SERVICE Commencing at 7.30 p.m. in ;he. Full of Action