Timmins Newspaper Index

Porcupine Advance, 31 Oct 1940, 2, p. 7

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KIRKLAND LAKE (11)â€"Bidgood, Golden Gate, Kirkland Lake (Gold, Lake Shore, Macassa, Morris Kirkland, Sylvanite, Teckâ€"Hughes, Toburn, Upâ€" per Canada, Wrightâ€"Hargreaves. LARDER LAKE â€" (3)â€"Chesterville, Kerrâ€"Addison, Omega. RBankfield, Hard Rock, Leitch, Little Long Lac, MacLeodâ€"Cockshnutt, Magnet Northern Empire, Sand River, Sturâ€" geon River, St. Anthony, Tombill. PATRICIA PORTION (12) â€" Berens River, Central Patricia, Cochenour Willans, Gold Eagle, Hasaga, Howey, Jason, Madsen Red Lake, McKenzie Red Lake, Pickle Crow, sachigo, Uchi. KENORA and RAINY RTIVER DIS â€" TRICTS (1)â€"Wendigo. MISCELLANEOUSâ€"includes Kenoâ€" po, Regnery, etc. Monthly Output of Ontario Gold Mines 1939â€"1940 1939 value 1940 value The figures for the first nine months of 1940 show that 65 gold mines treated 8€691,385 tons of ore which yielded 2,â€" 304434 O| ges of gold and 433214 ounces of silver, valued at $90,830 830 or an increase of 9.68% in tonnage milled, 5.678 in gold and 14.30% in silver recovéered and 1443% in value over the same figures for the comparâ€" able period of 1939. during September sufâ€" fered a ciol;qsetback in relation to the August output but the milling rate was increased. Statistics of daily averages show 32131 tons milled yielding 8334 ounces gold and 1722 ounces silver valued am 5 for September against tons 8760 ounces goid and 1444jounces silver recovered, valuâ€" ed at $337.768 in Anugust. Mining and milling operations began at the Devon Gold Mines Ltd. on Sepâ€" tember 15.‘ Noi production figures were officially received from the property nor has any estimate been included in the compilation of the gold bulletin Operations at the Porcupine Lake Gold Mining Co. Ltd. were suspended at the end of September. MATACHEWAN (3) â€" Matachewan "*Tyranite, Youngâ€"Davidâ€" son. k a New Golden Rose. ALGOMA DISTRICT (1) Mr., Laurier, commenting on the gold statistics just released for publication, was satisfied that the ever increasing activity at the gold mines would be continued till the end of the year and that the production value for the curâ€" rent 12 monthe would exceed $120,â€" 000,000. This would compare with slightly less than $110,000,000 in 1939. Lake Total Total for Ontario Jan. to June 52,038, 423 August 9.090,395 September 9199,820 "By producing $90830,330 of new wealth during the first nine months of 140, the gold mining industry of Onâ€" tario has furnished Canada with milâ€" lions of dollars of much needed foreign exchange, while at the same time it established new records of output," said Honourable Robert Laurier, newly apâ€" pointed Minister of Mines for Ontario, at his Queen‘s Park office at the weekâ€" end. Ontario_ producing gold mines by fields for.the month of September f3lâ€" 10w :â€" PORCUPINE (18) â€" Aunor, Broulan Porcupine, Buffaloâ€"Ankerite, Coniaurâ€" um, Delnite, DeSantis, Dome, Faymar, Hallnor, Hollinger, Hollinger «Ross), MeIntyre, ~Moneta, Naybob, Pamour, Paymaster"Porecupine, Porcupine Lake, Preston East Dome. Porcupine Beltâ€" Jan. to June July . September ‘Total § 34,341,06:0 â€" 40,6 Lakeâ€"Larder Lake Belt Jan. to June 18.524,8673 19,% July .. 3173 464 3 4 August . 3,299,170 3 4 September . 3,061,610 3,0% southeastern Ontarioe Jan. to Jnt 1,566,294 M HILY .: 258,086 224136 Algust Septembe€r 328 771 Total 20,000 J L 4 O 3 J 1 Matachewan â€" Sudbury â€" Timagami â€" TOolAl ......ra.y~s> _ 2492 183 Northwestern Ontarion (includes Algoâ€" ma, Thunder Bay, Patricia and Kenora and Rainy River Districts) Jan. to June ... 9,286,614 11,707,650 July ... 1 h51 ,664 1,995,6865 August 1,155,625 2107 325 September 1, 167 A14 2016 813 Total Miscella neous Jan. to June July . August September Overstay â€" Goodness, is that clock right? Sallyâ€"Oh, no. That‘s the one we always call "The Visitor." Overâ€" stayâ€""‘The Visitor? â€" What a curious name to give a clock." Sally «subtly) â€"We call it that because we can never make it ga.â€"St. Mary‘s Journalâ€"Argus Record Number of Gold Producers in Porcupine Camp Ontario Establishing New High Records in Gold Outâ€" put. an oi SUDBRURY and TimMmAGAMI (1Dâ€" Grand Total "9 2390 .140 PR BAY DISTRICT (11)â€" The Clock‘s Name 28,.058,.917 29,836,331 22,660,842 3,827,288 3,811 464 4.042,025 14461.317 17826978 60,274, 146 10 441,989 10470841 0 354 21,007,767 4,112,774 4592 354 4,329 383 3 444,504 3 459,000 3.009,345 1,618,632 288 491 300,574 2804 486 Cline One of his observations was that planned production might have to give way to planned mining at some mines As a matter of fact this has already happened at one of the largest Canaâ€" dian gold mines. No loss of ore is but it meanrs more forward development so that ore extraction can be slowed down. A smaller current production is offset by an ext@nded mine life. Dentist: "Stop waving your arms and niaking faces, sir. Why, I haven‘t even touched your tooth." Patient: "I know you haven‘t, but you‘re standirs on my As reported a short time ago, comâ€" pany held 302,500 shares of Bonetal on Sept. 30. at cost of $47,955. In asâ€" sociation with others, Broulan is proâ€" viding finances for further work on Bonetal‘s property, with company hayâ€" ing underwritten 195,000 shares for $48,750 and holding options on 585,000 further shares as cost of $165.750. Depth will bring no great probleéems to Ontario mines the expert believes. and he can with the authority of a mine aprrator working to a depth of 9,000 {t. and planning to zo 2,000 ft deeper. Though his address was inâ€" tended for the technical mining man, much in it is of interest to mine shareâ€" holiders. Expenditure on new construction to Sept. 30 totalled $248,340, with further expenditures on mill and plant estiâ€" mated at approximately $110,000. Net current assets as of Sept. 30, after alâ€" lowing for all payables, including diviâ€" dend, were $201,017. New High Record Set by Youngâ€"Davidson in Third Quarter Fizures for the first nine months of this year show gross output at $1,180,â€" 370 from 279,728 tons for an averaz? of $4.21 zer ton, operating profit being $355,425. In the comparable period of 1939 gross was $1,0863,517 from 282,599 tons for an average of $3.76, with operâ€" ating costs of $724,281 and operating profit of $399,237. Without minimizing rock bursts in Ontario, the experts apparently has found no cause for alarm here. He does not anticipate bursts on a scale that would result in great losses. Planned mining had helped cantrol rock bursts elsewhere‘ and would no doubt do so here. Youngâ€"Davidson Minecs, Matachewan district, experienced excellent results in the three months ended Sept. 30, 1940, figures released by President Welâ€" don C. Younz reveal. The quarter was the best ever experienced by the comâ€" pany, and included the best month‘s results in the company‘s history, that being in August, when about 45 per cent of the quarter‘s profit was realizâ€" ed. > Good grade of Oore milled was reâ€" sponsible for the excellent showing. Resovery for the quarter averaged $4.53 per ton, and was up to $4.95 in August. Gross for the quarter was $423,420 â€" from 93,250 tons milleéd. Operating costs were $278441, and operating profit $144,979. This comâ€" pared with second quarter results of $413,899 gross from 93,711 tons for an average of $4.42, when opsrating zosts were $2598,899 and operating profit was $143,999. Broulan Porcupimne Had Best Quarter in Its History Broulan Porcupine Mines, Porcupine district, had its best quarter on record in the months ended Sept. 30, net proâ€" fit before allowance for taxes being $153,373, or 5.7 cents per share, comâ€" pared with $147,834, or 5.5 cents a share in the preceding three months. This brings total for thefirst nine months of the year to $398,590, before taxes, or 14.8 cents per share. Production for the quarter was $296,â€" 575 from 27,013 tons for an averaze of $10.88 per ton, compared with $291,577 from 26,634 tons and an average of $10.95, making nineâ€"month gross of $826,711 from 80,218 tons for an averâ€" age of $10.31. Operating costs were reduced to $4.48 from $4.58 a ton, the nineâ€"month figure being $4.52 Initial dividends of three cents paid Sept. 30 was within twentyâ€"four months from start on clearing bush preparatory to shaft sinking and withâ€" in eleven months from start of milling operations. During this period, earnâ€" ingzs were sufficient to cover the diviâ€" dend and pay for cost of a new mill and plant. It is anticipated the 300â€"ton mill will begin operations late in October, and should handle a fair volume Oof proâ€" duction during November. Production will be continued in the leased Mace mill until the company‘s own mill is in full operation. Produced $423,420 in . Last Three Months. | Production for Past Three Months was $296,575. {(From Northern Miner) Last week Toronto mining men at a meeting of the local branch Oof the CLM.M. heard a lecture on rock bursts by a world awthority, R. G. K. Morriâ€" son, who was brought to Canada, by the Ontario Mining Association to study the problem in Ontario mines. His advice will no doubt go a long way toward alleviating the probiem in this country. Expert Says Rock Bursts Not Cause for Undue Alarm Where He sStood w _ WIN MEDALS AND FREE TRIP This encouraging picture was painted , over the weekâ€"end when Robert Laurier | resently appointed minister of mines for Ontario, paid ‘his first official visit to the district. Accompanied by other officials of the mines department. Mr. Laurier travelled farther north to obâ€" tain first hand knowledge of the lignite fields. It has been expected that Premier Mitchell Hephburn would be a member of the party, but other duties preventâ€"| ed the premier from making the trip. Others in Party Accompanying Mr. Laurier were A. R.| Crozier of the Department of Mines; A. H. Cavanagh, general manager and chairman of the T. N. O. Railway Commission: W. G. Nixon, industrial commissioner for the T. N. O. Railâ€" way: and other officials They were wel:omed here by A. D. Cuthbert chairâ€" man of the Cochrane Board of Trade, and Oother leading citizens., 4. A :) â€" AJ 18 U CCLLJIJ1CC and Benefit. kJ Hon. J. L. Tisley, Minister of Pinan>e, announced lass week that Home Imâ€" provement Plan loans made after Octoâ€" ber 31st, 1940, by approved lending inâ€" stitutions would not be accepted for | gurarantee by the Dominion under the Home Improvement Loans Guarantes Act o In accordance with the terms of that statute the maximum amount of loans which the Minister of Finance is auâ€" thorized to guarantee is $50,000,000, and it is believed that by the end of the present month the total of loans made will closely approach that amount. In view of the necessity of conserving the Domini¢n‘s financial resources and beâ€" cause of the everâ€"expanding demands of the war programme upon the counâ€" try‘s labour supply, the Minister has daecided not to ask Parliament for an The new minister of mines said that the matter of the lignite fields was entirely new to him, but from what he had learned from the recsent tests there was good reason to feel optimistic abaut their development. He referrd Board of Trade members to Mr. Crozier the mines department «ngineer who has played a prominent role in the ligâ€" nite tests at North Bay and Cochrane. Word from â€"Cochrane suggests that the people of that town and district have renewed optimism now in regard to the lignite deporits at Onakawana, near Moosonee. The poorest prosâ€" pect they admit is that the lignite fields have more than even chance of being and that there will actual commercial production within the next year or two. "I believe that the lignite fields n9w ries. have a better than 50 per cent chance of | "The Home Improvement Plan", said being developed", Mr. Crozier declarâ€" ‘ Mr. Ilsley, "has had a striking success. ed. He added his belief that coal would It was one of the most constructive be shipped through Cochrane within measures taken to solve the unemployâ€" the next two yearts. ment problem. Up to September 30th, Mr. Nixon said recent tests had 1940, loans to a total amount of $48 181 â€" more than exceeded expectations. He 525 had been made, and as at that informed Cochrane men that the large date losses paid amounted to less than office building housing the headquarters 1â€"4 of 1% of the total loans made, staff of the T. N. O. Railway at North while 62:14%, of the amount of monâ€" Bay had been suing the lignite for some ey loaned had been repaid by borrowâ€" time and found it highly satisfactory, ; °s j Further tests are being conducted in| "The Plan, however, has served its North Bay with the use of high pressure ‘ purpose, and what the country is now boilers, it was explained in an enâ€"| about to faze is not the need to creats deavor to reduce the moisture ‘content employment, but rather the necessity in the lignite. With the present conâ€" of mobilizing all available supplies of tent 47 per cent it is known that it can | labour, and particularly skilled labour. be reduced to 31 per cent and reduced to meet the imperative demands of even further by using high pressure| the war programme. As the large numâ€" boilers. j ber of new industrial plants being conâ€" iMr. Nixon also stated that the Northâ€" ) structed by the Department of Muniâ€" ern Pazific Railway in the United tions and Supply are conpleted, we Limestone Deposits Cochrane Board of Trade members also question Mr. Crozier on the uasâ€" sible development of other _ known resources along the T. N. 0. extenâ€" sion to Moosonee. Referring to the limestone, Mr. Crozier said the deâ€" posits were under lease to a southern firm. The lease however expires in the spring, and it is in the general belief that the province will start deâ€" velopment operations then. States has been using lignite extensively for some time and was receiving 100 per cent efficient operation with sitoker equipment in its locomotives. Experts from Minneapolis have been coâ€"operatâ€" ing with the Ontario government ofâ€" ficials on the Ontario project and are convinced that the lignite from the Onakwana fiekis should be used imâ€" Regarding the china clay, Mr. Crozier confirmed recent reports that the Missâ€" anabi Clay Products would build a 35 mile track road this winter for the purpose of hauling the clay to the norâ€" thern terminal of the Spruce Falls Power Company‘s road north of Kapâ€" uskacsing for transfer now heading south. It is possible that Kapuskasing wil experience added industrial activâ€" ity as a result of the development of the china clay deposits. It seemed to be the opinion of most informed persons here that this entire new developments of Northern resources hinges upon whether or not the lignite mediately Cochrane Optimistic About Development of Lignite Deposits New Minister of Mines and Others Visit the Field. +~n outstanding feature a "Fomas this year, was the ‘‘The big "Salada" Special "â€"anch matches and to all w at Iinternational Matches frof rank plowmen of the Provin second prizes are gold and areas ol agriculktural imterest $5.00 were also awarded for and Harold4 Picket hboth fror the china clay, Mr. Crozier cent reports that the Missâ€" Products would build a 35 road this winter for the JOHN LISTER TAE PORCUPINE ADVANCE, TTMMINS, ONTARIO The Home Improvement Plan, which will now be discontinued, was started in November 1936, on the recommendâ€" ation of the National Employment Comâ€" mission. It was designed as a meaâ€" srire to relieve unemployment, particuâ€" larly in the gepressed building industâ€" ries. decided not to ask Parliament for an amendment to the Act increasing the amount of loans subject to Dominion guarantee. it is believed that by the end of the present month the total of loans made will closely approach that amount. In view of the necessity of conserving the Domini¢n‘s financial resources and beâ€" cause of the everâ€"expanding demands of the war programme upon the counâ€" try‘s labour supply, the Minister has "‘The Home Improvement Plan", said Mr. Ilsley, "has had a striking success. It was one of the most constructive measures taken to solve the unemployâ€" ment problem. Up to September 30th, 1940, loans to a total amount of $48/181â€" 525 had been made, and as at that date losses paid amounted to less than 1â€"4 of 1% of the total loans made, I op Ontario Home Improvement â€" Plan to be Stopped After Toâ€"day In accordance with the terms of that statute the maximum amount of loans which the Minister of Finance is auâ€" thorized to guarantee is $50,000,000, and "It is realized that there may still be some demand for loans for the repair and modernization of existing homes, and perhaps particularly for the conâ€" version Oof large single family dwellâ€" ings into two or more apartment units, but it is belived that the experience of the private lending instutions with Home Improvement loans has been so satisfactory that they will be willing to take care of any cases of real necessity that may arise without the aid of a Dominion guarantsre. If the principles of the Home Improymeent Plan are followed, namely that loans are made for productive purposes subject to monthly amortization over a reasonâ€" able period of time, with the montyily payment for interest and principal beâ€" ing comfortably within the capacity of the individual bOorrower, any loss®s sustained should be of insignificant proportions." project proves a success. If the governâ€" ment decides to go ahead with the deâ€" velopment of the lignite fields, which will entail a large expenditure at the outset the other resources will follow naturally. It is believed. Cochrane is looking forward to considerable new acâ€" tivity as a result of these encouragzing signs. shall need not only to utilize previously unemployved labour, both made and reâ€" made, but also to draw increasingly upon labour now employed in the orâ€" dinary peaceâ€"time industrigs. as Been Notable Success and Benefit. J HAROLTD Interim Instructions trict. Several hunting parties have ventured the vast was‘es and woods of the area but only to be turned back disappointed and with empty pack sacks. A few who have essayed the trip have been unable to reéeturn at all. The two hunters from Timmins guardâ€" ed against the latter eventuality not only by their own carefulness and know ledge of the bush but also by engaging the s>rvices of a very compstent and expsrisnce guide". At the Kiwanis Club luncheon ten vears agso the chief feature was the remarkably interesting address given by the Rev. A. Lappala, minister in charge at Timmins at that time of the United Church work among the Finnish people. Rev. Mr. Lappala‘s review of the proâ€" gress of the work of the United Chursh the Finnish psople in Timmins and in Toronto and elsewhere impressâ€" e:1 all present and the address was very much appreciated. It is interesting to note that theRev. Mr. Lappala who is now with the All Nations Church in Tcronto, was a visitor in Timmins this week, and officiated at a wedding here last Saturday. hunters referred to :i superiinmtendent of th and Wm. King, also staff. They have jus two week‘s hunting north and they have and value to say al They were in an reached by those ou Bay sorvice or the I known Rey, Mr. Lappala‘s gress of the work of among the Finnish and in Toronto and A plan of presenting an entertainâ€" ment for the youngsters on Hallowe‘en in return for protection of the merâ€" chants and all householders from obâ€" jectionable tricks in the oldâ€"outâ€"Oofâ€" date Hallowe‘en spirit was continued ten years ago in Timmins, as it had been done in the previous two years. Ten vears ago the arrangments were in the hands of a committee, in:cluding N. R. Wightman, principal of the Central school, L. McLauchlan, chief of police, and cthers and the Kiwanis Club memâ€" bers were givinge coâ€"operation and asâ€" sistance. Ten years ago in The Advance: The regular meeting of the Timmins town council was held on Monday afternoon with Mayor Geo. S. Drew in the chair and Councillors Dr. Honey, R. Richardâ€" son, Alfred Caron and J. . Chenier present. Mr. Wightman, principal of the Central public school, and others were present in regard to the plans for Hallowe‘en, The idea was to Oobserve Hallowe‘sn as had been done in town for the past two years. An entertainâ€" ment would be provided for the youngâ€" sters and after it was over they were MODERN. EXPERIENCED BANKING SERVICE , . the Outcome of 123 Years‘ Successful Operation io ies .x‘ 7| and women who need to borrow for various gnod reasons. Therefore. do not hesitate to discuss in strictest confidence your borrowing needs with our nearest branch manager. BANK OF MONTREA L SMALL LOANS i# LOW RATES il ULrIip much Timmins guard=â€" eventuality not ulnesstand know also by engagingzg compstent and sSsary. tWo ‘_â€"A. W. Young, Hollinger mine, f{ the Hsllinger ‘eturned from a 11 " BANK WHERERE SMALL ACCOUNTS ARE WELCOME‘‘ 11 ce@ert V â€"â€" A L( termsSs kind ; $3.6 ifi 1 2 in if Hudson Timmins Branch: T. W. TOD, Manager expecto1 to go straight home. In this way merchants and householders were saved the loss and annoyance caused by the cldâ€"time style of Hallowe‘en pranks. Chief of police McLauchilin thought the plan has worked well in the past two years and that it was worth more than it cost by encouraging in commensens» way of observing Hallowe‘en. In the case of motors etc., the cldâ€"time tricks were too costly and dangerous. Under the Timmins plan the youngsters had a good time and the merchants and householders esâ€" caped annoyance and costs. This year it was intended to have a motion pictâ€" ure shown in the skating rink for the vounesters and there would also be Harry i ad his : ident on Dunsg indic In the personal TIMMIN®S PHONE 709 You know how a blanket keeps you warm in winter. That is the way Red Top Insulating Wool can protect your home. Easily installed under the roof or in walls. Permanent. Kireâ€" proof. Verminâ€"proof, And pays for itself by saving fuel. Keeps you cool in summier, too. Let us show you samples of Red Top Insulating Woo!l ard tell you how you can get this winter and summer comiort at little cost, and how Red Top Insulating Wool will pay for itself. Red Top Insulating Wool is a product of Canadian Cypsum Company Ltd.. your warranty of quality. RED TOP~INSULATING W89L Feldman Timber Simpson, the young m skull fractured in a r i the Dome road ten ye Wednesiay evening, 0, in St. Mary‘s hospits fiter the accident he wa spital at once, and it ws was suffering from a tf1 well as other lesser was brought into Timr tion in the hospital her ind ind frui have a mo skating rin aere would distributed the voung column of The Ac We wish to be helpful to thrifty men and women who need to borrow for various good reasons. Therefore, do not hesitate to discuss in strictest confidence your borrowing needs with our nearest branch manager. kind of banking 1Jo you need to borrow $50, or $100, or $500? You can figure to the cent what such a loan will cost you â€"at the Bank of Montreal. Ou: $3.65 for each $100 repayable in 12 equal monthly instalments. There is no other charge. COMPANY LIMITED 2aJC man road vears ‘s ago ‘tober Timâ€" taken clear year pictâ€" : the who aC \ [10° vance ten years ago: "Mr. and Mrs. Ross, of Orillia, are visiting Mrs. Ross‘ parents, Mr. and Mrs. Monck". "FP. J. Hornby, who has been on the sick list for the past ten days is now making gooxd progress to recovery." "Miss P. Q@uinn, of North Bay, was a recent visitor to Timmins where she was the guest of Mr. and Mrs. Michael Quinn." ‘"Mrs. Albert A. Paquette and Miss Gerâ€" mainge Paquette, of 105 Birch street south, Timmins, have just returned from a vacation of two months at GOtâ€" tawa, Hull and vicinity." "Bornâ€" In Timmins on Monday, October 27th, to Mr. and Mrs. J. W. Doughertyâ€"a daugh ter." "A. G. Carson, stuperintendent of the District of Cochrane Children‘s Aid was a visitor to Cochrane this week on business "Bornâ€"â€"In Timmins, Ont., on Wedne day, Ostober 22nd, 1930, to Mr. and M1 Knott, 19 Montgomery avenueâ€"a son fair and low for this 100 "aUGhu Filler sSCHUMACHER PHONE 708 sEVFEN

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