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t of Bri THE OSHAWA DAILY TIMES, SATURDAY, MAY 12, 1928 tish Columbia's Mining Industry Advances Mining | in British Columbia | By E. A, HAGGEN Editor Mining and Industrial Recoxd Events are moving rapidly in the mining development of British Col- umbia, Lhis week a representative of United States Smelting, Refining & Mining Company was mn_Vancouver with a view to arranging for a thor» ough investigation ot the placer min- ing prospects oi Cariboo. Options are being arranged on propertigs for this purpose. One of the most interesting schemes volved is the execution of the original plans of the late J. bi. Hobson, M.E, who was manager of the Bullion property when it was controlled and operated by C. P. R. interests, This involves the construc- tion of the big ditch, with its aux- iliary tunnels and syphons to bring in water from Spanish Creek for hy- draulic operations at Bullion, and the opening of Morchead and other pla- cer locations where gold has been proven. These have been unworkable for want of an efficient water supply, which is obtainable only from Span- ish Lake. The extensive works necessary to bring in this water were begun in Mr. Hobson's time, but never carried through, The undertaking is the greatest development ever proposed in placer mining in British Columbia and if the investigations now in hand prove sufficiently encouraging there 1s a strong probabiiity that we shall see in Cariboo a revival of the hale- yon days of.the sixties, No one doubts that Cariboo has still great possibilities as a gold field in = the hands of capable engineers backed by ample capital. 1f the United States Smelting, Refining & Mining Co. enters the field, these conditions may be fulfilled, United States Smelting, Refining & Mining Co. This company is one of the strong- est mining organizations in the Uni- ted States. According to its last bal- ance sheet it had assets of $84,901, 170. It is in every mining field and in every phase of the mineral indus- try in the United States and Mexi- co, as may be seen from the follow- ing list of its subsidiaries: U, S. Mining Co, US. Lime Co, US. Smelting Co, Centennial Eureka Mining Co, Mammoth Copper Min- ing Co., Needles Mining & Smelting Co., Utah Co., Gold Road Mines Co, Cla de Real del Monte y Pachuca, U. S. S. Lead Refinery Co, US. Smelting, Refining & Mining Explor- ation, Hammon Cons. Gold Fields, Niagara Mining, U. S. Stores, U.S. Fuel, Utah Coal Sales, Western Fuel, Morland Mercantile, Crater Mining, Ebner Gold Mining, Moonlight Wa- ter, U.S. Homes, U, S. S. R, & Min- ing Exploration of Mexico, Price Re- servoir & Irrigation, King Coal Co, Utah Railway Co, Carbon Emery Stores, San Pete Valley Coal Co, Bullion Beck & Champion Mining Co., Hanover Bessemer Iron & Cop- per Co, Richmond Eurcka Mining Co., Sunnyside M, & M, Co, Fair- banks Exploration Co, White Knob 'Mining Co., Nome & Sinook Mining Co., United Idaho Mining Co., Castle Valley Coal Co, Consolidated Fuel Co., Black Hawk Coal Co, Panther Coal Co. : Outside the American Smelting & Refining Co., of which Premier Gold and Federal Mining & Smelting are subsidiaries, this is the strgngest con- cern financially which has ever en- tered the province, Its Enterprises in Alaska Three or four years ago this com- pany began its investigations of Al- aska, with the result that it has in hand that territory today the great- est placer 'mining enterprise in the world. It took over the Hammon . Consolidated Gold Fields Co, operat- ing at Nome, and during the summer months has three modern dredges and power plants at work making a recovery of $500,000 a year in gold from what was believed to be practi- cally exhausted ground. It went into Fairbanks, and by drilling and test- ing work proved gold over a large arca hitherto considered too low grade io work profitably, For the past two years it has, under the Fairbanks Exploration Co.,, been constructing a ditch seventy-five miles in length, with tunnels and siphons, to bring in the necessary water supply from Chatanika River, This ditch is twelye feet wide and seven fect deep. It extends from Fairbanks to a point half a mile be- low the works of McManus and Faith creeks, At Fairbanks the com- pany has built a power-house cost- ing about $1,000,000 to generate 7000- h.p. for operating its dredges. From the powerhouse transmission liges have been constructed for a length of over 100 miles. The power plant at Fairbanks is operated by steam, and a contract has been let for three years for the supply of the necessary coal from the Healy Creek mines, This has thrown new life into the coal industry of Alaska. The equipment for the construction of two dredges was delivered last winter, one on Cleary Creek, and the other on lower Goldstream. Rail- way ines, connecting with the Al- aska Government Railway, were built to move the machinery and cranes erected for handling it. ing Enterprise These dredges have buckets witha capacity of ten cubic fect and are amongst the largest in the world em- ployed in gold mining. They cost complete for operation from $750,000 to $1,000,000 each. The company ius tends to put in operation seven of these gold recovery machines. A _ large area of ground has been strip- and thawed ready for dredging. The company's investment will run into $15,000,000 before its plans are completed. Mr. Norman Stines, M. E, 1s the engineer who planned and arranged for the carrying out of this great enterprise. It is he who is un- dertaking the investigation of Cari- boo if the mnecessary arrangements can be made with property owners. His responsibility in the matter is a guarantee that the work will be ly done. Li satis- factory results are obtained from the investigation, there will be the dawn of a new day for Cariboo. Even the deficits of the R. G. E. Railway might disappear, just as the business brought the Alaska railway irom the operations of this company has en- abled it to turn the corner and make an operating profit last year ios the first time in its history. Then there is more fo this Cari- boo enterprise than may appear at first sight. I have before me the re- markable book, "The New El Dora- do". by Kinahan Cornwallis, publish- ed in 1838, its subject being the first discoveries of gold in British Colum- bia. The author was evidently a bit of a poet, for, on the title page, he breaks out in verse in his praise oi British Columbia. The remarkable thing about the book is that it con- tains a map in which are colored as gold-bearing the Fraser, Thompson and Columbia rivers; and in a then unknown part of the country, in which were afterwards located the Cariboo goldfields, we find noted Supposed Gold Regions." A Possible New Eldorado The Cariboo goldfields had not then been discovered and no person could possibly have known anything of their possibilities. The author ap- parently made a good guess on the theory that as all these rivers car- ried gold, the probable main source was to be found in their common watershed, and this ppoved to be the case, The map suggests, however, a new angle, for the elaboration of which we are indebted to Mr, Doug- las' Lay, government resident mining engineer for the Ndrthwestern min- cral survey district, which includes Cariboo, Mr, Lay has been giving close study and attention to the pos- sible extension of the old Cariboo gold area, and has come to the con- clusion that prospecting should be done between the headwaters of the Quesnel River and the Thompson River. This is generally known as the Clearwater country, It is rugged, inaccessible and much glaciated. Lit- tle is known about it, The only re- liable information is that supplicd by Major Angus Davis, M.E, when resident engineer for the Central mineral survey district. Major Davis was, from a study of the geology of that country, impressed with its pos- sibilities, He did what few of the other government engineers have done--took his pack on his back and explored on foot the country for about sixty miles, It was a hard trip but Major Davis found it worth the effort, for he discovered large gold- quartz veins carrying good values, Where these exist in any country there is always a probability of thc existence of deposits of placer gold when such have not been destroyed by glacial distribution, It is likely] that as a result of the investigations of the United States Smelting, Re- fining & Mining Co., some attention will be given to the further explor- ation of this comparatively unknown section of the province, While transportation is the main difficulty with that corntry at pres- ent, if any discoveries of economic importance should be made it could soon be made accessible at small cost from the P.G.E, Railway on the west, and the good roads extending into Cariboo, or from the Canadian Na- tional Railway, following the Thonip- son River Valley on the cast, Mining men who haye a gencral knowledge of Cariboo have for some time been suggesting the advisability of a thor- ough exploration of the Horsefly- Clearwater country, entertaining sini- ilar views concerning its possibilites as those expressed by Mr. Lay and Major Davis. Investigation of the Whitewater Country A notable feature of the operations of Consolidated Mining & Smelting Company is the beneficent use of its surpius profits from the Sullivan mine in the general devclopment of Canada, One of the company's most important enterprises in this province concerns the exploration of the Whitewater country with a view io ascertaining the possibilities of the northwestern extension of the Bridge River mineral zone, particularly as a source of lode gold, There is no doubt about the existence of gold there, but so far it has been found only i small quantities under pockety con- ditions. Seyeral companics have been organized in Vancouver ior deyelop- ment of locations by prospectors iil that section, and considerable British Capital has already been lost in the work. With the cooperation of the Provincial Government, Consolidated is building trails into that hitherio comparatively inaccessible portion of the provifice, to get in machinery and supplies, and test out thoroughly the possibilities of the country. It is known that gold occurs at Tatlayoco Lake in association with antimony, and but for the war the Hedley Gold Mining Company would probably have been in there with its excellent organization. Good roads are not so necessary for gold-quartz min- ing as for the mining of base met- als, as there is little trouble in get- ting out gold bricks. Dr. G. M. Daw- son and Dr, Dolmage, of the Geolo- gical Suryey, have emphasized the probable economic importance of that country. A Mr. M. M. O'Brien, ME, who is in charge of the Vancouver office of the Consolidated Minipg & Smelt- ing Co., is making arrangements for resumption of trail construction, and Mr. Powell, formerly on the staffs of Britannia Mining & Smelting and American Smelting & Refining com- panies, will have charge of the work. The courage and thoroughness with which Consolidated is taking up this matter is evident from the fact that it is undaunted by great transporta- tion distances and is constructing 2 trail from the end of the old wagon road over the Chilcotin Plateau. When it is stated that the objective MANAGES BRANCH .- IN OSHAWA C. N, HENRY, Who is the Oshawa Manager of the firm of C. L. Hudson & Co, of this trail is 185 miles from the railway at Williams Lake, it is evi- dent that transportation difficulties are not the 'obstacle they have been, mining companies taking the view that if they find anything worth while they will find a means of solv- ing the transportation problem. This is a new attitude on the part of min- ing investors, and is distinctly en- couraging to the prospector, to whom so many "far off hills look green." It will encourage investigation of the "waste places" of she province with greater inducements to undertake the extra hardships involved, Renewed Int:rest In Copper Mining The improvement in the price of copper and better outlook for the copper companies are responsible for a renewed interest in copper mining on the Coast. At listero Channel the old Colossus mine, developed many years ago by English capital, is to be re-opened, A mill probably will be constructed, This week a party of Los 'Angeles capitalists and mining engineers went up to the Paisley Point mine on Douglas Channel with a view to resuming development and putting this minc in productive cons dition, A new company is being organized to acquire a gold-quartz property at Surf Inlet and make that again the scene of active gold mining opera- tions, Development is gol ahead o the Western Copper Khutze Inlet. The Princess, Knight's Inlet, is to be recopencd. velopment will be renewed on Hoth- am Sound 1 Jervis Inlet copper properties. :ic oldest copper nine in British Columbia, located behind Sechelt on the northwesterly exten- sion of the Britannia mineral zone, is being investigated, The ore is' ex v high-grade, consisting of ind it is a question whether ore shoots oi ent extent to warrant 'development and transporta- tion can 'be located. Georgia River G will be the most active operator gold-quartz on the Coast the coming summer. By fall it should have sul- ficient development work done to warrant construction of a mill next spring and the placing of the prop- erty in production by 1929, Devel p- ment of the Alexandra mine near Shoal Bay is being pushed ahead, With these new developments on the Coast, gold production should recov- er, At present gold mining 1s untor- tunately the neglected feature of the industry, sullic Co Id Mining THREE ARE SENTENCED UNDER LIQUOR LAWS St. Thomas, May 10--In conse- quence of a surprise visit paid to a South Yarmouth house last evening Fdward Laninman, a resident near Port Stanley, appeared in county Police Court this aft on and was fined $200 and costs on a charge of haying liquor which was not pur- chased from a Government vendor, while John H, Cook and Lloyd Huff Yarmouth voung iiien, paid fines of 815 cach and on charges of drinking in a place not a private dwelling and nsuming liquor not acquired und uthority of a per- mit. Lann n will serve two months in the county jail in default of pay- ment of the fine, the Court was told. His house was visited by Provincial Officers J. A. Darrach and High Constable H. C. Ostrander, Costs co Hudson's New Premises Show Financial Growth Of Commercial Concern 11 King Street West, Toronto, is Styled "Finest Brokerage Offices in America"--Stock Board is 65 Feet Long, and Six Clerks With Earphones Are Required to Mark Quotations on Canadian, New York, Chicago and Winnipeg Exchanges -- Ventilation System Changes Air Completely Every Five Minutes in Board Room Ontario's growth in financial importance is extraordinary, To- ronto financial houses have had to step lively to handle the increas. ed business which has demanded attention from small parts of the Province. As an indication, witness the new premises of A, L. Hudson and Company, at 11 King street west ---just a stone's = throw from Yonge street, : In addition to the Toronto of- fice there are offices at Oshawa, Sarnia, Owen Sound and Buffao, N.Y. The new quarters cover 7,- 000 square feet of space, running through to Melinda street on the South, They have been called "the finest brokerage offices in America," Certainly, they set a new gtandard both in size and equipment, The stock board is 65 feet long, Six clerks, fitted with ear-phones, are required to mark quotations on Canadian, New York, Chicago. and Winnipeg Exchanges. Two Trans-Lux systems give quotations direct from the tape. Theve is a ventilation system which changes the air complete- ly every five minutes in the Board Room, The company has 13 lines to Central and a greater number of private lines necessitating the operation of four switchboards, A. L..Hudson and Co, are the only Canadian members of the New York Stock Exchange. They also hold memberships in five other stock, mining and produce exchanges. They operate approx- imately 2,000 miles of private wires to principal Canadian and U.S. markets. The new premises have private offices for the partners, custom- ers' rooms, haticries of telephones, rrivale room for ladies; tha most convenient quarters for the stat- istical, clerical and bokkeeping staffs, Standing in front of the office and looking down the 175 foot vis- ta to the rear, one gets the impres- gion that A, IL, Hudson and Co. have made splendid provision for the comfort of their clients and staff an dthe prompt and accurate handling of their business, One also is impressed with the fact that they have the convi¢tion that Ons tario--and her financial centre, Toronto--is rapidly heading to a position in finance to which her natural resources and industry en- titla her, If when in Toronto you would like to see the new premises--yon will be made most welcome at "11 King street west." CLERICY CONS. TAKES UP CLAIMS IN FLIN FLON ARFA Clericy Consolidated Mines {is reported to he considering nseng its stock on the Winnipeg Btoek Exchange in addition to its present listing on Stock and Mining Exchauyu, Clericy takes its place in the western pileture hecause of the holdings it has acquired in the r.:n Flon area in Northern Manitoba. This ha sattracted the attention of Western investors and speculators to: Clericy's possibilities. Cleriey ha sauthorized capital of 4,000,000 shares of no par value of whieh approximately 1,800,000 shares Lave been issued. He--*May I have the next dance?" She--*"But I don't know vou," He--""Then perhaps we'd hetter sit one out first."--Every- body's Weekly, ontarvo KIRK. PREMIER EVELOPMENTS at the Kirk- land Premier Mines, Ltd, lo- cated on what has been popu- larly described as the "Southern Break," about 1,000 feet southeast of the celebrated Lake Shore Mines, are now reaching a stage. of progress where it is reasonable to look for- ward to the possibility of this enter- prise entering the production stage, eventually. For these reasons, quiet accumula- tion of Kirkland Premier stock, at the ruling quotation in the neighborhood of 32c a share, is understood to be go- ing on, This indicates that some in- terests are anticipating an upward revaluation in the price of this issue. Kirkland Premier has been listed on the Standard Stock Exchange, of To- ronto, and although no large amount of active general trading thus far has taken place in it, the stock is favor ably regarded in those quarters which have made a private investigation of the porperties and their potentialities. A recent communication from a high Kirkland Premier official con- tains the following: "Developments at the mine are looking more favor- able all the time and the work is being pushed with all possible speed, and I am of the opinion that we should have the mine into production before the end of the year, and, as the Company has all the large and expensive machinery on hand for a mill, it is not going to be a difficult thing to get this property into pro- duction as soon as the winze is sunk into the ore, a distance of about 250 feet, . "The Company has real expert men in charge who are capable of pushing the work very rapidly and everything to my mind points to good rapid and successful operation,' ' A lot of fellows who can't be coaxed to dig in their gardens may bg seen doing it any nice afternoon on the golf links.--Hamdilton Spec- tator. LAKE SHORE The famed Laké Shore Mines held second place among Kirkland Lake gold producers during March, according to figures published by the Department of Mines. It may not be long, however, before Lake Shore again will be established in first place, as it is understood that the management is templating mine conditions mow being dis closed in the lower horizons in the Lake Shore, the well-informed "Canadian Mining Journal," in ks April 13th issue, stateC as follows: "With reference to the ext - ly favorable results which have been obtained on Lake Shore Guid Mines during the past few n aths, work on the No. 2 vein at the 1 600 foot level has disclosed somo of the plans for augmenting mill output. That the Company soo.: will attain a daily mill production of 1,000 tons seems to be ther uling opinion. Speaking of the very impressive richest ore so far encountered iu the Kirkland Lake District. "Allowing r the deduction of all costs, including depreciation of equipment, profits during the cu N.C. URQUHA rent year will exceed $2,0°%,000 . Members STOCK BROKERS ADelaide 6028-9 " TORONTO al the least. The . .ent rate of production is at the rate of ap= proximately $4.5 °. ° annually.' At t paying regular divi- dends totalling 40 cents a share per annum, with occasional extras, Lake Shore, in the 'ight of its mod+ est capitalization, is mot regarded as being overvalued at its current market valuation around $23.50 a are. ' You could tell what a smart guy he was. He always looked both directions when he was crossing a one-way street. ~-U. of Wash. Cole RT & CO. ---- ap § ' v Standard Stock and Mining Exchange Standard Bank Building ~~ the Toronto Standard Members (OFFICES AT:-- TORONTO, ONT. BUFFALO, N.Y, OSHAWA, ONT, SARNIA, ONT. OWEN SOUND, ONT. NEW YORK STOCK EXCHANGE CHICAGO B0ARD OF TRADE WINNIPEG GRAIN EXCHANGE STANDARL STOCK and MINING EXCHANGE NEW YORK PRODUCE EXCHANGE [Ass'te} NEW YORK CURB MARKET [Ass'te} DIRECT PRIVATE WIRE CONNECTIONS TO ALL PRINCIPAL MARKETS THROUGH- OUT CANADA AND UNITED STATES ~ Oshawa Office, Times Building, TELEPHONE 2700 Resident Manager: C. N. HENRY / A. L. HUDSON & CO. Stocks - Bonds - Grain - Cotton Canadian Mining and Industrial Securities