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the Pension Trust. At that time the 53,332 shares will be returned and held in trust for the Company freed from the provisions of the said agreement." Assets and Liabilities The report gives in detail the assets and liabilities as outlined by the charâ€" tered accountants auditing the books. Current assets include:â€"cash on hand and on deposit, $2,173,013.98; bullion settlements outstanding, $367,389.59; government, railway and other bonds at quoted market value, $4,783,769.00; shares in otker companies at quoted market value, $1,834,067.00; accounts receivable,. $4.176.50; interest receivable, $58,536.49; mining and milling supplies, $296,945.03; prepayments and other deâ€" ferred charges, $3,643.04. Capital assets â€" mining claims and properties, $6.295,872.02; plant, spare parts, etc., $3,522,285.34, less $3.354,780.â€" 077.995; $958.104 $127.315 staiments ed capit: $86.478 .22 ployees‘ 1 instalmer $79.998 .00 pal 964.0 ploye tario tC "The authorized Capital Stock of the Company was subdivided during 1938, on a basis of two new shares for one old share. The 26,666 old shares (now increased to 53,332 new shares) preâ€" viously held in trust for the benefit of the Company by the Trusts and Guarâ€" antee Company Limited, were transâ€" ferred on August 20th to the Trustses of the Pension Fund of Dome Mines, Limited. The dividends payable on this stock are returnable to the Company but amounts equivalent thereto will thereupon be contributed by the Comâ€" pany to the Trustees of the Pension Fund of Dome Mines, Limited, until the fund is certified to be actuarily sound in accordance with the terms of the Pension Trust. At that time the 53.332 shares will be returned and held in W the IPund is cer sound in accorda the Pension Tru 53,332 shares will in trust for the the provisions of ba 95.99 awWi 18 le "Your Dir ciation of t the operatin of Robert | Manager, a Manager." that the net excess of (Bonds and Shares at M cept in Sigma Mines (Q which are carried at C rent Liabilities (inclu payable on January 2 20th, 1939, $1,946,668.00) $6,249,850.48." 500 .( deducting Taxes, fo "Taxes Marketinj dian Min and estim Dominion authoritic which an cent of t repot Stove from lows: U The ann Limited fc 1938, sho:w with man Special po tively sum Dome‘s Annual Report Shows Successful Year Net Operating Profit, $4,731,289.37. Over 90 per cent. of Employees of Dome Under Benefits of Pension Plan Started Last Year. Sigma Mines, Subsidiary of Dome, Making Excellent Showing. LV D Revenue Bullion production, $7,293,288.73. Other Figures Net operating profit before depreciaâ€" )n and income taxes, $4,731,289.37. Surplus, Jan. 1st, 1938, $1,507,221.00. Surplus, Dec. 31st, 1938.$1,644,978.00. Net profit for year, $4,055,153.00. From General Manager‘s Report During the year 664,700 tons of rock ‘re hoisted. of which 601,700 tons was e which was treated in the mill. The lance, 63,000 tons, was waste which is dumped into the cpen pit, and ence drawn into old stopes." ‘"The 601,700 tons of ore milled yieldâ€" builion containing 206.965 ounces of T} p PAGE EJGHT Your Dire taxt de aepreciation, 1 subsidiary . « . shares at cos )1 Cult 19 p $1,644.978.00. Expenditures pment and exploration, $573,â€" mininz, including â€" hoisting, 2; crushing and conveying, 9; milling, $516,954.19; adminâ€" expenses, $157,844.80; refinâ€" marketing, $90,320.00; municiâ€" s, $28,214.36; insurance, $14,â€" urrent contributions to Emâ€" Pension Fund, $14,784.68; Onâ€" porations Capital tax, $3,400.00, tal stock tax. $3,263.87; soliciâ€" n W O Grawn or .139 tons of PC n advice, $11,405.00; execuâ€" $20,850.49: directors. $41,â€" a Op nacher area produced an average grade of 9.71 ‘This property has now liberal interest, its purâ€" s â€" mining claims and 295,872.02; plant, spare 22,285.34, less $3.354,780.â€" tion, leaving $165,505,02. iary â€" company â€" (Signa at cost, $599,998.00; adâ€" repayments, â€"$159,000.00; 0 W ors express their appreâ€" excellent work done by taff under the direction Dye, Assistant General J. H. Stovel, General zed m ated llamility to . Fund, $545,000.00, and currently pay: > for contingencies $4,662,833.59; â€" cap issued. $7.000.00( nclal and (Municipil unted to $733.501.30 in excess of ten per ; output." ; are pleased to report ess of Current Assets s at Market Price, exâ€" nes (Quebe:) Limited, d at Cost) over Curâ€" (including dividends mary 20th and April 668.00) is the sum of iverage LIng atior t of the Dome Mincs ir ending Dec. 3ist, y satisfactory year of spzecial interest. 1e report are effecâ€" n the report of the Bache. and in the rowing 1 manager, J. . alient parazraphs report are as folâ€" during the year broken ore." vious year, all above the 15th old stopes was rable ore was Profit, before i ard Income is $4,731,289.37." year including he Royal Canaâ€" $80,923.02) paid ear 1938, to the and Municipal to $733.501.30 59; â€" capital $7,000,000.00 m produced rade of 5.43 rade of this its importâ€" produced able Completely destroyed in forest fire in July 1911. Now rebuilt bigger, better, and busier than ever. Great mills, power plants, and other buildings of brick, steel, and concrete construction. ‘The Porcupine Camp was described as folows:â€" Only 36 hours from New York and Boston. Less than 20 hours from Toâ€" ronto. Barely 2 yéars OlG. Uver 10,000 people. Scores of working mines. Thousands of miners on the pay roll. Millions spent in development. Milâ€" lions more to be spent. Thousands of dollars to be spenit in 1912 on macadamized roads. South Porcupine: "The Pay Roll Town," is the business and financial centre of the entire district, destined in the near future to become the Metropolis of Northern Ontario. Elecâ€" ricâ€"lighted and steamâ€"heated, hotels; business blocks; six banks; wide streets; water and sewerage systems; progresâ€" sive, hustling, upâ€"toâ€"theâ€"minute dbusiâ€" ness, professional, and mining men are here buké we have only just begun to grow! Ore values proven to a depth of more than 1000 feet. "In conclusion I wish to express my appreciation of the work done by the operating staff during the year. My sincere thanks are also due to the board for their continued support and, in special, for their approval of the pension plan that was laid before them." ‘The annual report of the Sigma Minss (Quebec) Limited, is bound with the Dome annual report. In regard to the Sigma the general manager‘s reâ€" port includes the following: "It is anâ€" ticipated that the advances made by this company (the Dome) and by the Readâ€"Authicr Mine to Sigma Mines will be cleared off before July 1st, 1939. From that tims on, sixty per cent. of the profit realized will eventually find its way in the treasury of this comâ€" pany." "In conclusion I wish to express appreciation of the work done by operating staff during the year. sincere thanks are also due to [ "The ore reserves ars estimated at 2,620,000 tons, a decrease over last year rof 5.000 tons. This figure includes 890,â€" '000 tons of broken ore." The g:neral manager‘s report gives in detail the underground operations of the mine, as well as full mill statistics and other information. Reference is also made to some prospecting for the Dome at Yellowknife. Work on claims in that area have brought some enâ€" couraging results but nothing decisive. Pension Plan In refesnce to the Dome Pension Plan, the general manager says: "At the last annual meeting th: shareholders authorized the putting inâ€" to effect of a pension plan for our emâ€" ployees.. This plan became effective on August 1st, 1938, and is now in full operation. Over ninety per cent. of our employess have joined the plan. Six of our employees were placed on penâ€" sion at once and several more are due their pensions very shortly." "All costs of pensions for services prior to the date of the inception of the plan are borne by the company. The costs of pensions for current services are contributed to by the employees and by the company. The contributions of the employsees and of the company are placed in a trust fund which is adâ€" ministered by Trustees who will always be the president, the general manager, and three directors of this company. The company had the benefit of the services of a competent actaury, Mr. H. H. Wolfenden, throughout the formâ€" ing of this plan and everything has been don to place the plan on a sound actuarial basis so that our employees‘ pensions will be properly safegzuarded." General On the assumption that something of the early history of Dome as comâ€" pared to developments since that time maye be of intorest to the present shareholders, data in this connection is presented on the two pages immediâ€" ately following the list of securities. (Reference is made to data elsewhere in this issue). savs Porecuni} In concluding his Annual Report of Dome Mines is of dollars to acadamized road he Land of P port, Mr. Stovel Over 10,000 described romL Opening Chorus from "Bohemian Girl" (Balfe). "Where My Garavan Has Rested" (Lohr), by Mr. Chas. Roberts. "The Heart That‘s Free" (Roblyn), by Miss Cora Amadioâ€" "Gypsy Life" (Schumann), by the chorus. "The Drinking Song", by Mr. Percy Harris "Butterfly" by the ladies chorus (Mrs. Dorothy Mascioli, Misses Cora Amadio, Bernice McGrath, Rita Wigâ€" gins, Kathleen Hale and Lillian Hale). "Gypsy Love Song," (V. Herbert), by the chorus with solo obligato by Mrs. P. H. Carson. "Dark Eyes" (Russian Gypsy), by Miss Bernice McGrath. "Pack Clouds Away" (A. F. Barnes), by the chorus. "I Dreamt That I Dwelt in Marbe Halls" (Bohemian Girl), by Miss Rita Wiggins. Humour was adgded to the presentaâ€" tion by such selections as "The Drinkâ€" ing Song", which brought loud apâ€" plause to Mr. Percy Harris, Such well known selections as "Ah! Sweet Mysâ€" tery of life" and "Sympathy" were very well rendered, and the singing of these selection showed that they were dear to the heart of every listener. "Ah! Sweet Mystery of Life," by the chorus. "Fierce Flames are Burning," which presented Miss Lillian Hale as soloist, was very well carried through. This is a difficult part of "Il Trovatore" telling the storvy of the gypsy who was burnt at the stake.. Her daughter sings of this unhappy happening and vows revenge upon those who took the life of her mother. Miss Hale capably portrayed the part of the griefâ€"striken girl, and passionately sang the song that is one of the main portions of the great opera. The following is the programme in full: "Anvil Chorus" and "Fierce Flames Are Burning" (Il Trovatore), by the chorus, with Miss Lillian Hale as soâ€" loist. Each and every artist who took part in the performance had exceptional musical ability, and the audience was very appreciative of this fact. Mrs. P. H. Carson, who is one of the bestâ€" known and most popular of talented solosits in the camp. again brought added glory to a great event, and the ladies‘ chorus, Misses Cora Amadio, Bernice McGrath, Rita Wiggins, Kathâ€" leen Hale and Lillian Hale, and Myrs. Dorothy Mascioli, was one of the specâ€" ial features of the occasion. Mr. Chas. Roberts, and Mr. Percy Harris who take part in many of the musical preâ€" sentations in this district, were very effective and their singing brought much pleasure to the event. "Fierce Flames are Burning," which presented Miss Lillian Hale as soloist. "Songs My Mother Taught Me" (by Dvorak), by Miss Bernice McGrath, "Barcarolle" (Tales of Hoffman), by Misses Cora Amadio and Lillian Hale Notable Presentation by Choral Society (Contnued from Page One) to stimulate interest in singing and in choral groups. It has done a great deal to advance the musical appreciation in this area, and has brought much musical culture to the district. "Dome Mine has played an important part in the above records. The value of its production to date has been over $98,000,000.00. For many years it has maintained a daily production of 1,500 tons of ore and it has given steady employment to from 700 to 800 men." "The population of Porcupine Camp is approximately 45,000. "The schools, the churches, the hosâ€" pitals and the recreational facilities of the Porcupine Camp compare favourâ€" ably with those to be found in any community of its size. "The mines of Porcupine Camp proâ€" duce over 13.000 tons of ore daily. "Ore values in the Porcupine Camp have now ibeen proven to depths of over a mile. "After twentyâ€"six years of steady operation the annual production of Porcupine Camp is still increasing. "The ten producing mines of Poreuâ€" pine Camp meet an annual payroll of approximately $12,000,000 and furnish steady employment to about 8,000 emâ€" plovees. "Since the invitation repreduced on the opposite page was issued the total value of the production of Porcupine Camp has exceeded $531,000,000. "The value of the prosent annual production of Porcupine Camp is close to $44,000,000. "After twentyâ€"six years of steady operation the annual production of Porcupine Camp is still increasing. "Sometimes drcams do come true. "Porcupine Camp did not become the world‘s Greatest Gold Camp but it is, in point of current and total producâ€" tion, the greatest gold camp in North America and its annual and total proâ€" duction is only excecded by one gold camp in the World, the Rand of South Africa. The Realityâ€"1938 On the opposite page of the Dome‘s annual report is given the proof that the vision of the men of the Porcuâ€" pine Camp of 1912 was wellâ€"grounded and has been justified by the years This page of the report gives many striking facts and figures. It reads as follows :â€" the greatest field for opportunity in every line of endeavour to be found in the world today. See The New 39 Third Ave Phone 1870 Lynch Electrical Appliance Co. Westinghouse Pacemaker REFRIGERATORS AT Timmins @ Schumacher THE HOME OF WESTINGHOUSE THUFE PORCUPINE®: ADVANCB, TIMMINB, f Classes in homeâ€"nursing, ete., are ! given by the leaders, who are taught | by the department. The leaders attend the classes, and return to their district to teach the members of the Instituts ‘the beneficial knowledge which they | have acquired. ' In outlining the or:anization, Mrs. Lang stated that members comprise a branch, branches comprise a district, and delegates from the districts comâ€" prise the department. The annual convention is usually held in Septemâ€" ber, each branch sending one delegate, and each district sending two delegates. The area between Hearst and Temisâ€" kaming holds three districts, Cochrane, South Temiskaming and Centre Tem‘sâ€" kaming. These districts elect a federal representative to the Federal board which meets in Toronto about the time of the Annual Winter Fair. These deleâ€" gates bring suggestions to the annual meetina from the branches and disâ€" tricts, and sometimes these resolutions may be forwarded to the Parliament. As an example of this Mrs. Lang pointâ€" ed out that the Women‘s Institute had !forwm‘d‘:d the resolution which allows i pupils who have made a good record on ,thcir year‘s work to leave the lower school without trying the entrance exâ€" aminations. Two auditorsâ€"Mrs. George Ross and Mrs. W. Crispen. Press Secretaryâ€"Mrs. Graham. By a majority vote, the branch was named "The Golden Star Branch of the Women‘s Institute", and it was decidâ€" ed that meetings would be held every third Wednesday of the month at 2.30 o‘clock. Members will endeavour to secure the Hollinger Recreation hall as a meeting place. "When Other Hearts and Other Lips" (Maritana), by Mr. Chas. Roberts "Sympathy‘‘ (Firefly) by the chorus. "The Heart Bowed Down" by Mr. Percy Harris "Gypsy Queen," by the ladies chorus "Morning" (Aley Speaks), by the chorus. "In the Gypsy Life You Read" (Bohemian Girl). by the chorus. During the evening it was announced that the Schubert Choral Society would present, some time in the fall, "Pirâ€" ates of Penzance," in costume. This is a difficult presentation, but will unâ€" doubtedly be admirably carried out by the members whose ability in musical work is outstanding. The executive of the Schubert Chorâ€" al Society is as follows: Honorary President, Dr. Kelly; Honorary viceâ€" president, Mrs. F. Graham; Secretary, Miss Edith Richardson; Treasurer, Miss Rita Wiggins; Business Manager, Mr. C. Newell. committee, Miss Berâ€" nice McGrath, Mrs. Mascioli, Mr. Cyâ€" ril Hale and Mr. Stuart McKinnon. Among the work which is studied by the branches are education, home nursâ€" ing, health and child welfare, home economics, historical relations, legislaâ€" tion, civic resolutions, Canadianization, community activity and relief. Mrs. Lothian added to this that the motto of the organization is "For Home and Country," and the members work in all fields for the betterment of the living conditions of humanity. The gathering was practically unaniâ€" mously in favour of forming a branch of the Institute in Timmins. and elecâ€" tions of officers resulted as follows:â€" 1st viceâ€"presidentâ€"Mrs. Rosert Grey by acclamation. Secretaryâ€"treasurerâ€"Mrs. G. Kirk. District Directorâ€"Mrs. F..Charbonâ€" neau, by acclamation. Three Branch Directorsâ€"Mrs. C. Briggs, Mrs. Graham and Mrs: A. Jackâ€" son. Ontario Women‘s Institute is federâ€" ated with the Canadian Women‘s Inâ€" stitute which in turn is a méember cf the Associated Countrywomen of the World. Among the twentyâ€"six countries which belong to the latter organizat‘on are England, Belgium, South Africa, Australia and Canada. Presidentâ€"Mrs. Howard, by acclamaâ€" tion. The Women‘s Institute is nonâ€"parâ€" tisan, although the members study poliâ€" tics. Its purpose is the promotion of better living, and is therefore an orâ€" ganization for homemakers. Each branch has its own officers, and each branch may send a delegate to the annual meeting while the district sends a d»legate to the convention. The branches keep in touch with one anâ€" other, and learn what has been accomâ€" plished by women in other districts. The headquarters or department coâ€" opsrate with each branch, and each branch coâ€"operates with the departâ€" meont. (Continued from Page One) fred Watlt, formerly of British Columâ€" bia. Contrary to the usual order, this is one organization which was founded in Canada, and reached the Mother Country from one of the Dominions. Mrs. Lang, who chose as her subject, "Home Women‘s Institute," explained the order of the organization and its purposes and aims. The president and secretary of each branch is forwarded a handbook outlininz the work of the organization. Each branch must have at least ten members, who may be women, or girls over the age of ten years. The membership fee is twentyâ€" five cents. Establish Branch of W. I. Here 33 First Ave. Fhone 2175 ONTARIO "Behind the stark tragedy . ture of seven widows and cig who have been called upot heavy price for the brave; loved ones," says the mayor He suggests that the peor part of Cornwall will be ve supplement the efforts of t] Lifeboatsmen‘s Institute. sured of much more than : in Timminsâ€"thrge thousand their native Cornwallâ€"men en are adding their cont: the fund for the families of men who gave their lives ne Mr. L. May, president of t (Continued fron est pride at the galla: ishmen overseas, ther er feeling of sympath bereaved in what t! Ives describes as "th disaster this ancient The mayor of St. Ives for aid for the fam this trazic incident Plan Aid to Families|&<; of Brave Sailors â€" |== It‘s _ comforiing 1 know _ when â€" baking that you are using Jewel Shortening .â€" the choice of _ good cooks _ for dependaâ€" hility SHORTENING Pot Itoast.......:.; Ib. Chuck Roast ...... lb. Blade Roast .......:1b. EATONIA RINDLESS Bacon....4 Ib. pkg. MEALED Back Bacon .......lb. MACARONL AND Cheese Loaf .......lb. Smoked Weiners Ib. JEWEL the Better ing, . complele cheese for a smo ful creamy sauce delightful _ way variety. ipecial Baking Sale of SILVERBRIGHT Salmon:......â€"2 Ibs, 2 7¢ Centre Cuts and Slices .~.....~".".. "Ibh.LTe Smoked Fillets Ib. 18¢ Fresh Frozen HADDOCK BLUE BRAND BEEF ROUND Steak or Roast ....lb. 26¢ Rump Roast ....... Ib. 24¢ BONED, ROLLED and TIED No. 4 Sieve Ideal Peas _ G ' J Golden Bantam Corn 6 MR Benson‘s Choice Tomatoes © Rich Tomato Juice CS @© ®" § [ P and G or Pearl Soap 13 w WB Thrifty Bulk Soap Chips 8 L_ BB Ideal Sweet Mixed Pickles 2 g S®@®e® Hoabitant Peas Soup 5 Cent Saloe Tasty blueberries 5 EFillets:.........~.:2 Ibs.:290¢ CHICKEN Halibut, sliced ...AIb. 283¢ TODDY Meat Specials A Meal for Four in Nine Minutes The Health Drink With the Flayour EATON‘S KRAFT DINNER Mid Lenten Sale of EFISH FOR THE WEEKâ€"END EATON GROCETERIA * pres1Get to Ives is famili¢ om * R1G f ea upon to pay al r bravery of their _ mayor of St. Ives. l he people of Lhatl 1 be very ready to Al of 1i iged y y for fhe familie e mayor of S > most appallin own has known was 4 lb. packag ue th Childr )1 1 Ib,. prints our and He is asâ€" hat. Here miles from and womâ€" ib an appca eaved Iy )A Ik lb € 28C 19¢ 16¢ 18c hi on deep imilie 2 Borten‘s ENVNAPORATED MILK 1€ ha k e n t illan Ivos 29¢ 43e na 235C Abe d Social Club, this week started a subâ€" scription list for this purpose, and alâ€" ready has a number of names on the roll. He feels that all Cornish folk in the camp will wish to help in this noble cause, and on account of the difficulty of getting in touch with them immediately, arrangements have been made for subscriptions to be received by L. May, 158 Birch St. S., phone 1727W, or F. Hocking, 54 Hollinger Ave. Maple Leaf Tasty Pears _ §%®.."8§$0c Rolled Porridse Oats _ 11 ~â€"~ 80c Blue Rose Fancy Rice 7 ~~ 50c Eaton‘s Floor Wax &¢ â€" 3 : 50c Dark Sultana Raisins s 4 â€" 50c Manning‘s Ginger Snaps 6 â€" 50c Millionnaire Sardines 4 »= 50c Sea Zone Smail Shrimps _ 4 ~~ 50c ALL FOR( Raton‘s Breakfast Cocoa, â€" Ib. 50 cs 5â€"Point Fresh Coffee â€" â€" Ib. & mn? SunGlo Blend Tea â€" â€" 4 Ib. n . | Quaker Corn Flakes â€" 4 pkgs. 500, Shredded Wheat â€" â€" 2 pkgs. Soap Your Clothes Clean Ige. pkg. _ sml. pkg Rinso 46 .10 Calay Soap *A cAL’â€"l’ [ts G@OT to be Gooc / and Furnitureâ€"USE For 6 Less than . 1. Cent‘s Worth to a Cake tin 13¢c 24c Phe Soap of Beau Hawes‘ LEMON OIL SALMON 50,. Help Yourself To Great Savings oz. btl SPECIAL 50¢ Saleâ€"Step up the Flavour of Lenten Meals CLOVERLEAF Fancy PINK 15% oz. tall tins Ib MAGIC BAKING POWDER tiful Women cake ine Wood wor OZ 6¢ 30¢ btl ,phone 1319W. A phone call to either | Mr. May, the president, or Mr. Hocking the secretary, will bring prompt chance lto get on the list. Mr. B. Webb, of Dome Exte vice for th and in the cial Club w t0o 8 ribing Golden B: Cheese »n Honey Butter Smooth Rich A superh blending ef honey and butterâ€" smooth, _rich and creamy with a thrilâ€" ling flavour. _A disâ€" tinctive spread. Fruit & Vegetables Good Sizt WAsSHED Parsnips Plain or Pimento Rich GOOoDn s1Z! Oranges Celery Hearts THIRD AVE, TIMMINS Delivery Without Extra Charge Phoneâ€"901 ICEBERG Lettuce RIPE Bananas no wie ,emons THURSDAY. MARCH 23RD, 1939 Ive dozen for 1€ 26 oz. large tins No large 2!2 50 tins C No tCt _ Al orward a a %â€" @0¢ ‘â€"â€" â€" 90¢ . 90¢ . "@0c s 50c â€"~ 50c _ 50c and Creamy .." 50¢ §\i\_\ W hm 2for 20¢ 125 0Z cont. en at | The Co dozen dozen 6 Ibs. 6 LV saC 8 ozr. pkg lbs. 50¢ contributions give public those subâ€" for 29¢ atl h 23¢ h 65c »0¢ 29¢ Ao€ 0p Dome serâ€"