Halton Hills Newspapers

Flesherton Advance, 27 Jan 1937, p. 3

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10-36 Older this mde-marked fuel from the tlue coal' dealer ...the colour guaianiea the qualitr. 1»lu%ij0il' â- iqix/e>-i ijou, "confidence to buHn" MINING FLASHES Number 2 diamond drill bole at Ke- necbo Gold Mines, Kenora mining division, has reached a depth o{ 320 fL, according to nord received Irom Charles Tounr, managiaK director. Tbe ho'e passed through 23 (t. ot vein matter which is believed to be the downward eitension o( a wide quartz veto exposed on surlace. A five-foot porphjrr; dyke and <.nother five feet of veU. material were also encouDter- ed, while a quartz stringer was inter- sected tn greenstone (oriDatlon at a depth of 320 it. Tbe bole, aimed to crosscut tbe formation, la being con- tinued :oi another 300 to 409 ft., Mr. Young reports A crew (s also engag- ed to . ippiug and (rencfaiog other TSlna i'l prcvaratioD Ire the apottiac of ddlUonal boles. Surface exploration is pioceediug on the >*artan°n Malaii.^ Gold Mine pro- perty In Malartle township, Quebec, while a campaiga of dlamoud drilling has joet <.animeiH:ed to further explore tbe ore tune revoaled ii) previous drilling operations. A series of boles will b« driHec along tbe major axis of tno known eedimeutury (ormatlon. In the report of Alexander P. Ilog ers, it is stated tha' tbe surface la heavily coiered with mushpg, and the drill holes so far put down bave shown a geological structure with masses of porp^J•ry und sheared sedi- ments, as well as sllicifled sections containing comiuercial gold values across fair widths. Buildings suffici- ent to accommodate tbe <iperatlng crew for the winter's development work have been completed. The com- pany has between ISO.OOU aud $S5,000 available i"- tbe treasury for the pro- gramme of exploration. Estimated net profit ot Domiq .Mines in 1936 after taxes and outside ex- ploration written off. but boforo de- preciation, depletion and adjustments of surplus and coutiugnit luscrve ac- count, totalled $4.2S1,150. equal to $4.-ia a shuro. On tho jame Ijasis earn- ings in 1935 were equal to $4.6.1 a shaie, while after all charges for that year net was equal to $a 90 a share. Production in J936 :otalled $7,L'34,:i90 from triatnient of 553,900 tons of ore, against output of $6,939,9S. fioni mill- ing of 549,100 tons of ore in llie pre- •ions 12 months. Sliaf giuKlng is proceed inii on the Bourlamaquc property ot Payoro O'old .Mines and, accorUins to official uor;i, the tlrsl level will be cut at tho 150- ft. I'vniiiou by the lirst week iu Feb- ruary. All t>qui|)iii>;iit, wli:ch has been paid for in full, is on tlio grouiKl and iu operation. A new SO h.p. boiler Is in jperatioii giving a total of between 130 aud no horsopowor. Upon com- pletion of station cuitinj; ct tho 150-ft. level, it is p^auiiou to cari-y on 3,000 ft. jf lateral development siniultane- Issue No. 5 â€" '37 câ€" 1 ously with shaft sinking which is to be continued to tbe 275-ft. level, where a similar amount of lateral work Is proposed. Three shifts are engaged on I) 24-hoi;r schedule. Productlo- at Laguna Gold Mines, Nortliern .Manitoba, in December to- talled $36,500, bringing total recovery for the first 5 months of this com- pany's product ion up .o $104,700, or an average of approximately $33,000 per. month. Tbe management feel rdaults obtalnec: in Decern .er an esceileat showing considering some minor crusher trouble was encountered dur- ing the month. Drifting and cross- cutting on tbe 875 and 1,000-ft. levels ia Rteacily Increasing tbe known ore .eaerves. It la understood the mlU is presently avrrt^ging 04 tons daily with nil'' eads upprniimating .70 oze. or $24.50 ,. Id per tjn. Fii'st otQcial underground check ampling received from the Keuora property of Tecumseh Gold Mines froi„ three chitnnel samples taken acro.ss 14 ft. of vein matter at the first station in tbe shaft showed values of flC.KO $148.40 an ' $160.65 gold per ton. These resi'lta, while somewhat higher than es.".>ctjd at that point, Bbc'w abtnt tr.e sam i r<.i;re8entatlve values 13 previoa:> sampling at lower levels officials report. The property adjoins Dig Maste on tbe north and :ast. Eat More Spinach Less Asparagus California Elxpecto Clump in Sup- ply of One Vegetable BKUKEUKY. Cal.â€" During 1337 at least, people of the United States will have o ent more spinach an ease up a bit on asparagus, according to agri- cultural xperts of the University of Califoi'iiia. This state, which siuce 1929 has .loduced all of the domestic canned asparagus and approximately 4.5 per cent, of the fresh supply, is scheduled for a slight slump this "ear, experts find. After that ihi hope that any- one who does not lil;o spinach caij fall back < .1 a full '-upply of asparagus. The averago asparagus yield iu Cali- fornia in 1937. it Is estimated, will fall sho't ot that in 19."G, although larger tha' In 1935. Howevei-, heavier plant- ings in California during the past two years indicate that after 1937, aspara- gus will be plentiful. You've Overheard These Telephone operatois use amongst themselves a stcndard vei'sion of abbrevi:iteu KnglisI to save your time and theirs, th^'reby spee<lin)r- up lonj; distance connections. Perhaps you've heard them use tliis "sliort talk" in passing yoiur call alon;j. l-'oi- example, b y to a Bell operator, means the line is busy â€" da stands lor Jocs not answer â€" a g are the code letters for try again â€" and w h means we have the party called. Thi.s use of codes simplifies work, avoids confusion anJ misunderstand- ing. It is <l.}no in the interest of faster, more cfBcient telephone ser- vice. yPRES- CADILLAC MINES, LIMITED (f^o Perional I.iahility) We originally recommended this stock on Oct. 30, '36, at 20 cents. Present approximate nnarket quotations, 38c bid, 4tc asked. We recommend immediate purchase at present prices. Write for full information and bulletin on develop- ment. Gold & Metals Exploration Co. Suite 45â€"171 Yonge St. - - ELgin 0237 TORONTO ONT. Th* Company h&ving rweivcd payDxnt, th« proceeds of tills sale will not go Into Iht trcwury ol th* cumpnny whoN tccurltlea »r* hertby lold to you. Orderly Recovery Urged At Royal Bank Meeting Speculative Booms and Resultant Depressions Must be Pre« vented if Capitalistic System to Survive, States Morris W. Wilson, President and Managing Director â€" Recommends Commission to Investigate Financial Relationship of Dominion, Provincial and Municipal Governments. Sydney G. Dobson, General Manager, Reports Continued Pro- gress in Bank's Business â€" Deposits Up $56,000,000 â€" Profits Improved â€" Business Undoubtedly on Up Grade Warning against the dangers of a speculative boom, and a plea that recovery be maintained on an orderly basis, were outstanding features of the addresb of Morris W. Wilson, President and Manag- ing Director, at the C8th Annual General Meeting of The Royal Bank of Canada. That recovery waa well on the way there could be little doubt and "even the most sanguine would have hesitated a year ago to pre- dict proereaa as great as that which baa been accomplisLed dur- ing 193()," stated Mr. Wilson. In addressing the meeting, .Mr. Wilson said, in part: "A sen'ous drought again affect- ed large areas in the West, with results that wer disastrous to the farmers Immediately concerned. Those fai'mers who reaped good crops last yea» benefited material- ly by higher prices, but. In the midst of a broad recovery, farm iacoma baa lagged behind, â- 'It is gratifying that the stocks of grain in Canada are again of normal proportions. Nature Is In a fair way to take the GoTemment ot Canadp out of the grain busi- ness. It Is sineerely to be hoped that she will not be drawn Into It again. Iftdustrles "Prices for newsprint have shown a Blight Increase during the imst year and this, together with a heavier volume of salei, bus brought encourafEement tu the newepriut industry. "In the lumber industry thei-e has been a Batistactory volume of demand from Great Britain eve.r since tbe begiunlug of their build- ing boom. Thifl demand has been maintained during the past year and is the most iP'portant factor In the improvement of conditions in lumbering. 'The value of Canadian mineral production established a nSw h'.gb record In 1936, amounting to ap- proximately $350 million compared with $312 million in 193u. The prospects of the Canadian iiiiiiln? Industry are moi-e favorable than at any lime iu the past. "Throughout the manufacluriiig ludustries of Canada, volume of production has been above the level wblcU prevailed in 18:26 aud in October reached the highest point recorded sluce July, 19-fl. Einployment and Relief "M tbe moment manufacturiuj; employment is closo to normal. Iu mining, us a wIioli>, the luiniber employed ia greater than ut any lime iu our history. In trade the volume of oiuployiuent is uut un- satisfactoiy. Under these clreiiiii- stances, I cuunot hut feel that the time has come id exiuulne with care our lists of those lecciviu;^ unemployment i-elief. It Is a not- able fact that there has been no census of unoraployraent since 1931. At a time like the present ;i biennial census would give our various Bovernlni; bodies facts which would help thom in deter- miniiiation of policies. Division of Taxes. Over a wide field of eioiiomic legislation it Is virtually imposs- ible to gi:css whether ultimate authority I'csls with the I'lovliire or with the Doiniiiloii. •'l.C'l lis secure a i-eview of the whole subject by a Koyiil Com mission with the object ol" lesolv iiig IhcsB complexities. Cluiii.:4i.(l social and ecoiioinii: rundilions have lluowii respojislUilities on variou.s ^oVL-rniiis hixlies that were never conti^miilated iit iho time of Confederation, and as a loiise- qnenco it is found inci-easingly (lit- tlcult, in some instances, to meet these additional responsibilities with tho sources of revenue at their dispo.sal. llaviUK regard lo the necessity of maiiitalniuK the national credit, if it is ut uU pos- sible some solutiou must he found which will permit both provinces and municipalities to continue the service of their public debt in full. Individualistic Democracy. "It ;s the fashion iii cerlain tjuarters to say that the system ot capitalismâ€" or, ns I prefer to term it, Individualismâ€" has failed. "In the past it has adapted it- self to changes iu economic con- ditions und social concepts, and there is no reason to think that such adaptations will not continue to be made. In fact, I hey must be made if the system is to survive. With Communism, Fascism and Nazism in competition, individual- i.sm will survive only it the bene- fits which it provides to the com- munity continue to be greater than those conferred uiion people llTlng under other oi'ganizations of so- ciety. "If we would get an example to tho world we must manifest that unusual degree of self-control which restrains boomb and thus avoids subsequent depressions. Money. "It ia for this reason then that the present monetary situation Is an outstanding challenge to eco- nomic individualism. Can u papu- lar government, such as that In tbe United States, for instance, deal effectively with the mouetary situation? The revaluation of gold by the United States and the re- duction In the gold value of other currencies, made almost unani- mous this past year by the capitu- lation of tbe Guropea gold bloc Introduced a dynamic inflationary force into world economy. It is encouraging to note thai tbis po- tentiality seems to tkc understood by the monetary authorities tn the United States and tliat they are taking dellnitu action. The world has not previously experienced a period when borrowing rates bave been so low tor so long a time. It continued on this basis an un- healthy and artificial s uatlon will develop. Easy money Is a powerful force; it operates somewhat slow- ly, but to wait until it Is evident that speculation is out of band will be to create conditions which can b« corrected only by depreRslun. Iu some quarters w^ are asked to be- lieve that the Increased Kovsrn- ment rxgulation of genera econo- my may make It possible to con- tinue low Int^re.'it istes more or less indefinitely I feol stronisly that this view Is not correct and that the action now being taken is by no means premature. By use, if necessary, ot the huge re- serves already accumulated It will bo posiible to prevent any serious Interruption in recovery. It Is surely better tba. we maintain the upward trend foi a prolonged period and that recovery shall pro- ceed in an orderly manner, with the minimum of encouragement to irrespoosible speculation. We must on no uciount allow recovery to degenerate Into boom - the fore- runner of depression individual- istlc eronouiy will stand or fall, depending upon Its ability to pre- vent depressions General fvlanagsr's Address In reviewing the annual balance sheet, Ml-. S. G. Dolison, General Manager, referred with Hutisfaction to un Increase of $.')4.tiii8,7r>7 In total assets, which now aggrenato $855,588,457. und to an itiorense In deiiosils during tho y^ar of $5fi,- 57:i,90y. Mr. Dobfion said In part: Current Loans Situation "The diTiiaiid foi- loans iu Canada was a!;ain <li.sap|ioiuliiig. ihuugh there have been indications during the last r< v months of increased reciuirenientH for bUDine.ss purposes. While advances under the beading of tMinont Loans In Cnniida de- creased $41.1.'.'')1,7S3 during the year, this does not mean thai the ro- ciuiieraents of our ordinary bor- rowers were that niuc smaller. The reduction is fully acrouuled tor by repayment of two special loans, namely, about $;!.'!, lOu.UOd line by the Wheal Roard liquidated priucipally Ihronxli ilie sale of surplus ,st()<:k^, ol wheat held un- der CoV(.'i nnieiit conlroi. and the i-e|iayiiii'ni of ipijroxii.niteiy $!0. oilii.udii due Ij.v the faiia.iiuii raiifie Itaihva.v, beiii^ oar |iarlii;ipalic]n in the Ijan i<i that cDiiipaiiy made by llie chartered l)an ;:i ot Caiiaua un- der Itominioii CDveriinieiit .miar- :ililee. "I give tlii.s inroriiiatjoii lo cor- rect an impression which casual eon.'!i(leration of this item In our Balance Shoot might create, that is, that business is sti:l undergo- ing a process of liquidation. "Ill this connection it is interest- ing to note that total commercial loans la Canada of all banks are only 50.i«'.'„ of the amount out- standing at tho end of IflSfl. "Duo to Inci'oased volume of business, 1 am pleased to report an Improvement in rroilta of $201,- 492. While not large, this Is an encouraging ti-end. Improvement \n Business. A review of conditions In Canada aud other countries in which the bank has bi-anchcs, indicates a delinite improvement In business iu Canada and in practically all of the foreign countries in which wo ai-e repiesentcd. Uuslness is un- doubtedly on the upgrade, and 1 look forward to 1937 v\ith a greater feeling of confidence than has been ju.stified for some years. B u c k i n q h a hm â- -•Sa. •lf--l!-N E CUT Achilles Tendon Needs Exercise There is no price tag on sleep, nor yet tax, but the way some people avoid it, one would think sleep is the most expensive commodity in the world. Mother â€" "Well, Nellie" is X.oor doll kitchen completely furnished now; Nellie â€" "No. mother dear, 1 still need a policeman for the cook. There is no collateral upon which you. can realize more than a big cir- cle of real friends. The woman is childless who does not think her baby superior to all others. First Caddie â€" "What's your man like. Skeeter?" Second Caddie â€" "Left-handed, and keeps his money in his rights hand pocket." Vacationist (to old villager) â€" "May I ask you how old you are?" Old Villager â€" "I bo just one hundred " Vacationist â€" "Really? Weil do you suppose you'll see another hun- dred?* j Old Villager â€" "Well, 1 don't 'know. But I be stronger now than when I started on the first hundred" Guess it's floating around sonne- ! while: \Avt in or near lawyer's of- â-  f ice. 1 housemaid's knee; return; no , l|ue^!ionI^ asked. â€" South Bend, In- diania. News-Times. The mjstrcsa of the house heard the door bell ring and saw standinu at the open front door u Chinese peddler, ijiiickly retreating, she cal- led out to the maid. Miatres.s - "There's a Chinaman at the dooi You go, Klla." This wn.-- too much fm tbe f^hinn man, 1\\^y tuck his head into the hall, und -shoutc I indicnuntly: Chinaman â€" "You go 'ella your- self." We do not know who the authoi of tliis ijueiii is hut we all subscrihe to the sentiment: NOISE Don't braK or blpstei and blow yout horn, -And thin' the world lusUy Itiat you were born. The fireciaiher bantrs, aa fire;rac kers do â€" Dut the <lyn:inio works quietly true For power is noiselcj^s â€" like eaulc wings. And noise is powerless lo do Iiik thinKS, While ru'ket and roar are the wa.sle amounts, .And they ne\ei ariomplish a tliinc th.it counts. The rntt'inir wheels ren't power and niiffht, Uul tho .--iloiit tiiiM'nt that's out of siKllt .•\nd llic-e'.-i nc'.i'i a I'lt of liluslci an:| blow To tl'" fiirc-i- wii: ;ii t)::it rii;;'.<.'s 1 he ihiiiys eo. For llie iii'iiei't n-arhino an. I i-'fic iei.t tiu'n. Acroii'"'jsh the iiio;! by the nnir-i-le;;..; plan .'\nil t' (• work of the world i.s ilone today, By silent power in the (luietcsl. way So its what you DO; and the result.s will show Wilhout the need of bluster and blow If a young lady rcfu.ses to mar- ry her lover, she should be careful about this si.iter business: Ethel â€" "Why are you brinRing me all your old socks to darn?" Scotclunan â€" "Well, when you re- fused to marry me, you said you'd always be liko a sister to me." There are over 17,000 post offices In the United Kingdom at which Saving Bank busineiss is carried on. Hew tQ Make MONEY in GOLD STOCKS Baokltl Idling how ta i«IkI, when lo buy, liew lona l» hold. SmI le InoM InlwMtM li kaylng Mtll Ml*cl<d laiiiing •loclit. WRITE FOR COPY H. R. IAIN « COMPANY LTD. 904 tciy SI. Terante â- 'Many great evils In these days have fallen like a scourge oii human- ity, on civil society and on the church.''â€" Pope Pius XI. â-  Manf«> Svriin ^'^^ 'â- '•a' hlKh olosa iviapie ayrup ^y,,,,, rtimmnR mc Fvarw>rjifr»rB '""li'" flavor ji.u i:.vaporator3 i,^, „, „„^h g^^j,. "ralors Uint win nialio pr.fiinhlc y.mr maple liush for a .small inM-stmcni Write fnr catuldRiie of OiiiiiiJiijcut. It Is inler«itln(5. Price Low â€" Quality High W. GORDON STEEL WORKS I.IMITKU TWKICn, :- O.NTAKIO ''The generosity of the .\inerican people is a flne tradilion â€" we bave never failed to heed the cull ot dis- tress."â€" Franklin D. Roosevelt. ^Itchin^ W Ti TORTURE In A Minute For mick relief from the Itdiim ot ittMint, blotclx*, plmptn, ftUiJBUs'a (ouL icalnv raslie* anil oUier nklo •niiitioDt, »iii,ly Dr. DpuriiB tM\r, oouiiat, iiiliim. •lo, liquid D. D. D. PRESCRIPTION. Ila gtncle oOl •oolbt (In IrtlUloi fkir (Iwr. Rrri."<!l(w »uj lUilli- l**^-*lr'«« last. Stoi« 'J mo&t iiilrnuft ilrhing Id- *tnUy. A 35o trial Ixilllr, ut drill Elor.-. pn-vâ„¢ itâ€" WBOBfyback. A^kf(ll D.D.D.PRESCi.^PTION. 3* \rt in Teaching, Learning Exer- cises to Improve Postiu-e NEW YORK.â€" Before any course ot exercises or treatment is begun In a new salon here each entrant submits to an examination by a registered phy- sician. Not itll tbe Instructor has been advised of her pupil's condition docT she begin her work. There is an art in teach i) and learning the exer- cises f'>r constructive and corrective work. Only certain muscles must be 'ought into p y. Those that control, jcvei- those th.it will bulge and throw the body out of line become the ob- jects of aUention. Every effort Is made to maintain tbe feminine lines and proportious of the Ilguie. It ia wojl 'vgin with the Achilles tendon, which must be stretched to •Dske easy walking possible- At this time ot tbe year, when there is skttnc tnd skating to u« done, it is doubly ne- cessary 'hat Iho steel-like spring at the back vf the ankle be flexible. One rclse Is to place the feet tar apart, one directly in front of the other, and, 4bil 1 kreping both heels (Irmly on the floo' bend the 'orward knee, thus rTftchlng tho AchlUeB tendon. This is done first with one leg and thon the other. TaUoid Foodt fit. Thomas Times-Journal writer- Bating is not only necessary but a social and pleasurable ceremony Yet tbe e are times when bnsy Individuals or people going touring or staying at a remote lake resort might wish they could have their food in compact and oasily managoable (orni, the ultimate minimum, perhaiis. being a heal In a till. lilxperiments have recently been carried out In England with hydrat- ed foods, which, as successfully achi- eved, and for tho mnnufactureof which a company has been formed, a.e the invention of a master marin- er, P. C. Lavender, who. It Is some- wh.v gruesome to note, derived his idea by seeing the mummies In the rtritish Museum. Ho felt that if hu- man bodies could be preserved for 'housands of years why could not food lie preuctved lor weeks, months it vc"rs On diB;)lay in a Londim nlllce at tho liieseiil tiiiif are thrii' small bottles, •>n(h coiitainiuK t â-  ounces of pow- lerod siibshince. Oue rcpro-ients a (Mind of Kteuk, and tho others forty leads of let tine and forty hiad.s of spinach, re nc'tively There are -strawberries shriveled and weighing almost nothing, whlcl, when placed in iliild resume their uoritial weight, laslo and consistency. .\ blnck enr- lanl, dried fur nearly two years, be- •omes tender am. fiiil llavored when Tiacpil In the inout i. A r. r the |iow<'ered foods, all tho .ssciitial niitriinen remains, and thoy can he used In inaiiv ways, say scieii- 'isfs. .)ii( method i,-? tc, ;iild water lo ii:il;..' ,1 paste !â-  r siu-.-adinn b-tween 'ii'ail or liisi-iiils. ''!â- '' l-l'-' Illl.T ;il.i I ;;;i |..j:j I,,.., -, ;, p. i.il ii;., ; su<-,-.-.s^ 1 ly t.) lalll,- tonds. I"-:, h â- ' :i l";i:'.l lh;ii .nv.s Ui\ on '•I .-ili:::.'.! 1(111.1., ^11.. .â- >â- (•:) •.,.,:â- .. uiilk 'â- â-  » f' â-  â-  .:.! :;is! ;.â- . y.\M'A- v.-m is Uii'.l I'eii.i.i v.-hc:i :i I'ail l).".r l.;-! 1,1 â- .lit;, I l,i,^ 1,;,;,._ |,j„ t.'ctli. and lii:.- illiisicii.:. The ba^.'is of ,Ve\v York City were the lirst employes to go or. strike In .America. 'The strike oc- curred ill 1741. In those early days strikers were treated a.-s c(ins|,"irator.s but convictions scl'loin were ob- tamed. Classified Advertising .MKUIC'AL Ii. vol! ARl-J THOL-BLKU WITH UALL, HInddrr aii.l l.lvpr Allmenlii. write: Two Klfvf'i (Icrr.lr.1 Stioil, T.rr.int.i. i.Nvt;.\'ioi(s »N 01'-|.K.K TO KVKRV I.N VK.NT(JIi. List '* "t wanlcU invcntl'.iiH and full Infurmatlon sent tree. THK ItAMSAV (•ompany. World Patent Aitornos, 273 OanK sti-Ml. Ottawa, C'anada. "QUILT PATCHES" FIVE POUNDS $1.00 pEAl.TlKUI, .Materials! Waslifant: Prints! '-' BMadcL.Uis: Ma J Ave guilts! "Free Paltcm." Refund Kuarantee! Etim Milla, Dcparimcnt Wllf, Outremoni, .Montreal. l^XPl represent one of Canada';* larKcnt moi'a tallored-to-rr caeure rlothtng orgnntzatloiia. Our Rrrat pnrchaiiInK power and manutsc- lurlnK fatintlcn enable iia t.i produce ttia Bneet mena tallored-to-meaaure clothes at tho hivvest prices In Canada. Liberal com-' mlKsionn paid to .lur repruKnitatlves, ploa, •eueri'im honuse.^ to K<Knl proflucere. Apply at 0(1(0. niatlnK previous experience. P. O. '.'X 25«0, Montreal. quel>ec. , - -'.Jâ€"

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