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HomeMy WebLinkAboutZurich Herald, 1934-09-13, Page 7EASY TO HANDLE IN THE CONVENIENT POCKET SIZE INA CIAL� South McKenzie Island Mines This company started diamond drilling on its property following an. extensive surface exploration cath- paign in which several, interesting looking veins were discovered. Num- ber two drill hole which was put down at an' angle of sixty degrees, cut the vein at a depth of '71 feet Marriage may be terrible, sure - and was in gout; mineralization to a ly single life can't be so but e- deptb. of over 81 feet, according to Y sin and happiness, if it were, report from the property, This sec dont YOU suppose many more people tion of the Red Lake Area is hum- would sui,ely stick to 11? ming with activity and at least one property will be on a production Customer (to barber)—You ask 40 basis by the year end, This is Mc cents for a haircut while your coin - Kenzie Red Lake and contract for etitor asks only35 cents. Mill Construction is reported to have petitor been let, Gold Eagle adjoining M4- I. , you see, a good bar - Kenzie and South McKenzie Island ber cuts hair, wbile a poor barber holdings, is reported as being prepar-l11 cuts Priem ed for underground work, which is expected to get under way shortly, Have You Heard? Gena rae l Business Shows Continued Improvement Dunlop Consolidated Diamond drilling contract is of- ficially reported as being let by this company. A minimum of 2,000 feet will be drilled at the company's hold- ings in the south eastern section of the Little Long Lac camp. Surface work, is said, to have located six veins showing good widths and valu- es. Outlook for continued improvement in the Dominion's general business conditions would appear to be most encouraging according to the various ' indices maintained by the Federal Government and other Agencies. While las usual, retail business has felt the seasonal midsummer recession, the 1 general scale of production has been well maintained and is on a higher •level than in 1933. Railway earnings and Bank clearings, two of the most reliable of the indices, show excellent gains over the previous year and car loadings also show a substantial rise over 1933 and a sizeable gain over 1932. Crop reports would also indicate that the final yield will be higher than last year. Another favourable factor is the probability that the Dominion's wheat surplus will be sharply reduced by demand from foreigncountries through failure of crops in other wheat producing countries. Most recent figures also show that there is less unemployment, that there has been larger newsprint output, and some expansion in foreign trade, while substantial growth in mining activity has been very much in evidence. Canada would thus seem to occupy a favourable position and to be in line for further improvement which will compare favourably with other commercial nations. Ontario Financing Establishes Harlake Gold Mines Ltd. New Low Record This company, which recently ac - The success of the Province of On- quired a group of claims in the south- eastern section of the Little Long Lac tar•io in disposing of $37,500,000 bonds at a cost of 2.97%, establishes a new low record for Provincial financing. The nearest approach to this price was the recent offering of the Prov- ince of Quebec, which was sold at a cost of 3.05% to that Province, The Ontario offering at prices ran- ging from $97.92 to yield 2,95% on the five year maturities to $99.90 for the one-year bonds, yielding just over 2%%. a First Bum—I'm looking for the President of this railroad. Second Bum—Well, you don't ex- pect to find him here, do you? First Bum—Ob, 1 don't know. I'm on his track. Dividends Likely For Canada Bud Indications are that Canada Bud, Ltd., will resume payment of divi- dends shortly, according to well in- formed sources. It is estimated that earnings for the quarter ending July 31st, will more than cover the ex-, pected 25 cents per share anticipat- ed. From the same source, the writer learns, that July sales were about 94 per cent. higher than the same month last year. Bear Exploration and Radium Recent reports from this company's property in the Great Bear Lake dis- trict are said to be of a distinctly op- tomistic nature. Underground work bas been under way during the pres- ent year and it is said that values and widths are increasing with depth. Two levels have been established at 100 feet and 225 feet and substantial and high-grade ore deposition has been proven over good lengths to this depth. In addition to its own property, BEAR liolds a half iuteeest in Yellow- knife Mines, on which important dis- covery of gold was made recently, and has a substantial interest in St. Paul Silveradium, Ltd., as well as other in- terests in the district. area, is reported as having a crew on the ground and exploration work well under way. Ed. Hargreaves is supervizing operations, and is said to be devoting practically all his time to the affairs of the company, which also holds a group of claims in the Swayzee Area. Mr. Hargreaves will be remembered as one of those few who saw the possibilities of Wright Hargreaves in the early days of the Kirkland Lake camp and as one of the original stakers ot the Sylvanite property. Harlake's holdings in the Long Lae Area are adjacent to Dun- lop Consolidated on the East. Some men are so constituted that they can pull a dirty trick in morn- ing and buy rose bushes in the after- noon. Some men are so thoughtful that they rent a cottage on a lake so the wife can get out of the stuffy kitchen at home into a stuffier one. We Hear That ... For four weeks ending June 30th, Loblaw's net profits were $59,123 as againsti55,266 in 1933. Canada Packers net for year end- ed March 29th, was $1,429,670 as compared with $607.671. in the prev- ious year. Brazilian July net shows increase of $14,810 over July 1933. Kirkland Lake Gold Mines July production establishes new high re- cord at $80,5'77. Central Manitoba Mines net for July was approximately $26,000. Saskatchewan, $2,500,000 loan in- creased by $500,000 to take care of heavy over subscription. Sudbury Basin Mines shows in- come of $304,459 for 1933. Gods Lake Mines is meeting with The Wild Oat crop seem to excellent results in underground de come through the drought quite velopment. Grade and widths of I ore body said to be showing improve- Scotch Boy Friend—Are you gry? Girl Friend—I'll say I aml I'm ly starved! Scotch Boy Friend—Good! Then a hot-dog sandwich will taste as good to you as a chicken dinner, Examinations to Be Earlier • For High Schools — Ontario Plans to Give Out Results Earlier. Toronto.—Examinations in subjects taught in the middle and upper schools of higb schools and collegiate institutes will be held a week earlier in 1935, Hon, Dr. L. J. Simpson, min- ister of education,, announced recent- ly, The minister also announced that he has under consideration plans for reduction of the cost of examinations and likewise for simplification of the system, The minister said: "R is felt that under the present system, the time between tbe an- nouncement of the results of the up- per school examinations and the open- ing of the high schools and univer- sities is inadequate to permit pupils and parents to make plans in a sat- isfactory manner. Under the arrange- ment now proposed, middle school examinations would be completed by tbe end of June and, with the excep- tion of language papers, on which re- latively few students write, tbe upper school examinations would be com- pleted at tbe same time, and the re- sults of all departmental examinations should be made known relatively early in August" When the system of accepting the recommendations of the teachers of local schools in middle school subjects was introduced in 1932, the number of papers actually written was sub- stantially reduced, and the burden placed on the readers of the depart. ment examination papers was made much lighter. In the interval, however, the num- ber of candidates presenting them- selves for upper school, or honor ma- triculations, examinations has increas- ed substantially, with the result that this year the number of papers•requir- ed to be read in connection with up- per school examinations is more than double the number written five years ago. "The result is that the saving in time and effort in connection with the middle school examinations has been offset by the increase in the burden of the upper school examina- tions." Not to our knowledge: Breathes there a girl with soul so dead, Who never to herself has said "I'rn overweight, but for the best, 'Tis my resemblance to Mae West." Peterson Cobalt Mines This company's property is reported as being prepared for resumption of operations. At one time this prop- erty was one of the leading producers in the famous Cobalt camp and prac- tically all of its output came from the upper contact. Government geolo- gists who have examined the lower contact are said to have reported that ore formation is as favorable as in the upper contact so that outlook for uew development would appear prom- ising. Reopening of this property is an indication of what may be expect- ed through the increase•in the price of Silver, . Long Lac Adair Mines Good progress is reported with de- velopment work at this company's property in Strathy Township, agami Area, and the fault which ap- parently cut off the number five veiu after it had been traced for a length of about eleven hundred feet, is re- ported to have been solved. Appar- ently this fault threw the vein sharp- ly to the North, and same has now been traced for au additional two hundred and twenty-five feet. Width has shown substantial increase and mineralization is reported as' being heavy, At the Company's holdings in the Long Lac Area, surface exploration is being continued and to date it is said that twenty-five veins have been n dis- to be covered. Some of these app of decided importance and are re- ported as being heavily mineralized. Manitoba and Eastern Official advice is received that the shaft at this ComPauY's property in i the Temagami Area has reached its first objective of 300 feet and station is now being cut. When this is com- pleted drifting will be started on the 200 and 300 foot horizons where vein 'is expected to be cut within the next three weeks. There are two kinds of husbands. The kind that won't allow you out of their sight and those that won't allow you anything out of their pocket, Man—They say that radium is al- ways giving off parts of itself and yet it never gets any less. Neighbor—Is that so? That's the sort of stuff they ought to make money of. A bachelor is a man who never makes the same mistake once. Math Professor—Now, Mr. Zilch - guard, if I lay three eggs here and five eggs here, how many eggs will I have? Mr. Zilchgnard (with a questioning glance)—I don't believe you do it, sir. can ment over surface showings. MacFarlane Long Lac Mines oper- ating in the eastern section of the Little Long Lac Area, have extreme- ly promising surface showings. Central Patricia Gold Mines has decided to double mill capacity, bring- ing it up to 100 tons per day. Sylvanite's addition to its mill is now broken in and 350 tons per day are being treated. Lake Shore unexpectedly declared an extra dividend of 50 cents per share to be paid with the regular disbursement on Sept. 15th. The depression did us a good turn. Imperial Bank are going ahead; Acting as a poultice that reduced the Maple Leaf Milling Court approval has been given to the plan for reorganization for Maple Leaf Milling Company, td. It is not expected that any the appointment ill be made regarding of new directors for some time, but it seems probable that some of the present members of the board will be replaced. Issuance of new secur- ities in the reorganized company will not be possible for some time, Barber 'Who Had Rheumatism Tells How He Carried On A barber 'who has been a martyr to rheumatism" writes: -- "I havebeen a martyr to rheuma-, tism for some ten years, For five years I Was so affected that it was with the greatest difficulty I was able to carry on my business. I may say I am a barber by trade, After hav- ing tried numerous remedies, I was finally advised to try Kruschen. I am pleased to say that after having used Kruschen for some twelve months, I am now freer from aches and pains than I have been for some ten years. In fact, I consider I am rid of rheumatism, thanks to Krus- chen Salts."—W. M. Two of the ingredients of Krus- chen Salts are the most effectual sol- vents of uric acid known to medical science. They swiftly dull the sharp edges of the painful crystals, then convert them into a harmless solu- tion. Other ingredients of these Salts have a stimulating effect upon the kidneys, and assist them to expel the dissolved uratic needles through the natural channel. have well. hun- near_ With the springing up ot all the nudist camps, one would think the mosquitoes would have plenty of day work and give us old-fashioned people a bit of rest at night. with .erection of new Head Oflic building in Toronto. This would look as though officials of this conserv- ative organization had absolute faith that business recovery is just start- ing and that better times are ahead, second time to a man who disappoints Brantford Cordage will show con. me. Man—But I paid you the ten I bor- Iowed last week. Neighbor—That's just it. 1 never ex- pected it, To find the ,poss of the house, ob- serve wbich one is taking a nap, when nobody dares make a racket. swelling in a lot 01 heads. Man --Neighbor, will you lend me twenty-five dollars? Neighbor -1 never lend money a sider•able improvement for fiscal 'year to August 31st. Annual report will probably be available in about a month's time. Roofiing manufacturers have rais- ed their prices on account of steadily increasing price of raw materials. Wholesale hardware firms across the Dominion are said to believe outlook for fall business is very promising. Ontario Hydro shows big gain in power used during July. World Wheat Surpluses World wheat surpluses are showing a definitely smaller trend in the cur- rent crop year according to a bulle- tin of The Financial News Bureau. It has been frequently stated in the last month or two, when sharply lower crops in the United States and some European countries and another small crop were indicated for 1934, that the burdensome wheat stocks of the last few years were destined for a steep cut. Broombalt has now come out with his estimates on surpluses, as well as shipments, and confirms the decrease. MacFarlane Long Lac BOUG TH --SOLD–QUOTED' J. T. EASTWOOD & CO MmatzBERS ToaogTO STOCK EXCHANGE Branch Office ikingWa a ley dell J-lead Office 1l tggln an ntreet 4 TORONTO Silver Controversary over remonetizati0n of the "White Metal" continues to be a subject of intense interest in fin- ancial circles. Canada is very much interested in the matter from a min- ing standpoint, in that, in the Great Bear Lake District, we have the only new silver district known at present and higher prices will give a tremendous impetuous to develop• ment work in the district. Reports coming from the various properties now being developed, indicate that production will add materially to thtl grand total of Canada's mineral out- put in the not distant future. When a girl declares she'll never marry, there isn't much difference be- tween where she stands and matrix THE UBe NG S LINIMENT Rub —eain rtay. Get the on newplarge goecon• omy size—Also avail- able in smaller. regular' size. a Issue No. 36---'34 Dr. Dafoe Did His Duty but infants under 2 years and adults between 20 and 30 seem to be especially susceptible. The mortality varies widely with the locality and the particular outbreak from 2 to 80 per cent. Dr. Rosenau implies that the mortality rarely exceeds a max- imum of 30 per cent. Thus far there have been about 170 cases in Jersey City, with six deaths. The New York Academy of Medi- cine describes dysentery as "usu- ally a diarrheal disease ushered in with a good deal of colicky pain." Ordinarily, the disease will go through its course in three weeks. Opiates are given to control the diarrhea and pain. No roughage is permitted in the food. Milk con- stitutes the principal nourishment. Another voice, this time that of the Boston Post, is raised to insist that some sort of recognition should be given Dr. Dafoe, the country doc- tor who attended the Dionne quin- tuplets. May it be suggested that some re- cognition has already come to the good doctor'? He has been praised editorially for his modesty, his genius, his energy and his devotion to duty by almost every newspaper in this country, and a number in several other countries. Great men have lived, labored and passed on, and received less. Dr, Dafoe probably would be the first to say that he only did his duty. —Detroit News. BABY SCALDED! Quick ! Get the MECCA OINTMENT Stop the pain and agony by applying MeccaOint- ment at once, Prevents inflatnmation, saves tissue destruction and quickly starts safe heal- ing. Keep a supply of Mecca Ointment in the house to meet all emer- gencies. Mecca soothes like magic when applied to burns and scalds. 'Vie= Ointment is sold by all t 41 Druggists -25c, 35c (tube), 50c and $1.00. OPPORTUNITY "Opportunity is more powerful even than conquerors and prophets."—Earl of Beaconsfield. "Hold thought steadfastly to the enduring, the good and the true, and you will bring these into your exper- ience proportionately to their occu- pancy of your thoughts."—Mary Baker Eddy "Do not wait for extraordinary cir- cumstances to do good 'actions—use ordinary situations."—Rioliter. "Great men should think of oppor- tunity and not of time."—Earl of Bea- conefield. "A wise man will make more oppor- tunities than he finds."—Bacon. "Plough deep while sluggards sleep. —Benjamin Franklin. "That policy that can strike only while the iron is hot, will be over- come by that perserverance which, like Cromwell's can make tiie iron hot by striking."—Colton. Then, more than ever, Nature needs the assistance, about twice each week, of a Purifying, Energizing,Effervescing glass of Classified Advertising RADIO INVEST1GATla] our courses in radio television, sound, broadcasting, oper- ating, etc.. before seeking training Limited. elsewhere. Dept. "W.I...." W.I.." S of Canada, 3 Bay St., To- ronto. A Sign of Better Times "What a well-appointed campl" exclaims the traveller on provincial highways this "A sign of returning prosperity," says his companion. "In many parts of the pro. ginner, wince one finds 13e11 Telephone ]nen busy rebuilding and extending telephone lines and equip- ment It seems to indicate tliat the telephone people have confidence in the business outlook." Bell Telephone construction camps are models of neatness and orderly effectiveness.