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=F. - SS B_-- Wheat "Longs" Lose Heavily : On May De i livery Price Drops at Chicago as Futures Deals End S-- A) . CHICAGO --The swift collapse of an expected "squeeze" in May wheat on the -board of trade left the "longs" holding the bag of losses. Veteran traders wno watched the "Battle of May Wheat" since its in- ception several months ago said it was the first time in the exchange's history that holders of wheat had been forced to accept delivery of cash grain whether they wanted it or not. A number of small traders '| were said to have been losing "longs" and there were indications that some of the "short" interest represented foreign accounts, The climax in the May wheat struggle occurred just before the fu- tures market closed. The price drop- ped 6% cents from "an early high of 96%. Dealings in the May contract, under gyay since last August, were terminated under a new exchange rule which: prohibits trading in any future the- last three days' of the month in which it is deliverable, The rout of the "longs," who bought May wheat any time since August in the hope that war fears, inflation talk or crop disaster would 'enable them to sell later at. a profit without actually taking the grain, was indicated by the fact th. con- tract 'was closed out recently with- in 1% cents of the lowest level of the season and 17 cents below its high, The close was 903, which represent- change rules. equately heated. land. ed the maximum 5 cents per bushel drop permitted in any one day by ex- Value of Woodland To'Agriculture 1, The farmer with a woodlot bas a cheap and convenient supply of fuel, while the ore.without a woodlot has to haul wood tong distances and make a cash outlay "to. purchase coal wood and oftén the fgrmhouse is ad- 2, Springs and wells that previous- ly had a steady supply of water go dry because the woodlot that was a reservoir has been removed. . -3. The farmer has more difficulty to grow crops and wheat and clover kill out because the fields lack ] protection that is given by the wood- 4. Deforestation on hilisides and valleys is often followed by erosion and sandy soil Is liable to develop in| valuesless sand 'dunes, 6. Woodland helps to control floods as it retards the surface run-off fn all seasons, 2d en IRS 6. Scattered woodland increase con- siderably the beauty of a countryside. 7. The various factors mentioned) have a marked Influénice on the mone- | The Papers = 1 : 2 Say EDITORIAL COMMENT FROM "HERE, : + EVERYWHERE. yo THERE AND pt "or | avy value of farms,' + £ - » to get down to serious study for the final examinations should be told that the hours between sunrise and break- fast give the best results. -- Kitchen- er Record, the Best Time For Study Canada Students who Tigure it's about time Sound Advice A young man was in court at Mark- ham and the trouble was he had been driving a car with one hand. Beside him was a young lady and his free arm was twined about her, The chief iy ny nt "~ = of orebody also assays." Fifteen Foot Width Yields High Results A message received from the Split Lake Gold Mines prop- erly states that the crosscut at the first level of the mine shows 15 feet in width of highly mineralized vein containing over "one ounce of gold per ton with some other metal which as- sayer believes to be platinum. Samples and check samples from along entire side of dump Where ore is being dumped from full width of vein yields this result. Stringers of quariz could be seenin the shaft and in the sta- tion, The crosscut continued through this condition for 19 feet at which point it broke into the vein. Since the above information on the 15 foot vein width further word has been received that the crosscut is being continued and at 40 feet from the shaft was still in good looking vein matler. This means 6 feet additional to the 15 foot width referred to. The vein matter throughout the 21 foot width consists of mineral- - ized quartz and heavily mineralized alterations. | -Another telegram from H. L. This vein has been proven to extend over a length of over 500 feet through diamond drilling with widths ranging up to more than 20-feet. Both diamond drilling and the pres- ent underground work have shown the vein to have widened greatly as compared to surface. The presence of platinum was not suspected and assay supplies at the property are not ample for a proper-analy- sis of the combination of gold and what is believed to be" platinum. Meantime samples are being sent to Ottawa for checking. Although tho free gold was seen in fhis vein on surface or through the diamond drilling, heavy coarse gold was en- countered in the crosscut. The visible gold is mixed with the sulphides. Further jnformation will be available from this level accordingly as-the work proceeds. Donaldscn ig . " dated May 18th states: "From 19 to 34 feet in south crosscut large percentage mineral- A telegram received from H. L. Donaldson, May 16th states: "Crosscut 19 feet south at first level just broke into north side vein Number 5. Very heavily mineralized and plastered with free gold. Gold coarse in sulphides." Will have another round out Sun- day and will wire you details regarding width nealing assay. CAPITALIZATI ized quartz in veinlets running every di- _ rection making sampling slow. Will have to sample horizontally and vertically. result in combination of gold and what we feel sure is platinum plated in parting _cup, after annealing, probably well over an outce per ton. Impossible for us to part the two metals with assay supplies here. sample to Ottawa for analysis to determine proportion gold and platinum. Also parting cup showing our results after an- Foregoing is from sample shovelled along full length of dump. assays give similar results." Another telegram from Mr. Donaldson, dated "May 19th, states in part: 'Have cut another 27 feet of highly mineralized quartz with balance of 7 feet banded structure quartz apd alteration. Still in this condition. Going ahead with crosscut. This looks awfully good. Fur- ther study assaying trouble suggests large quantities tellurides. Getting necessary sup- plies to flux telluride ore and make tests." Assays Sending sending. ! Check FINANCE Capitalization (No Par Value) Incorporators' shares issued ............ For acquisition of properties ....... Originally issued to the parent A IE TS CECE ere AE I SS company Snielter Gold Mines Limited 2,699- tn .+ 4,000,000 shares PR 5 shares .. "1,340,000 shares a HUGH C. McRAE, President 995 shares (including 40,000 shares contdined in above item "for acquisi- tion of properties") leaving a balance of 2,659,995 shares. these for purposes of Split Lake Gold Mines Limted 5 The proceeds from the sale of these 535,138 shares have been receiv Lake Gold Mines Limited. Pa Unsold balance ....... tat ae rra essen ce Such-portion-of the said unsold balance of-2, 124.857 shares able by the directors of tlie parent company are ay Mines Limited. Sold from see eee I AE I A A BERRY Over $100,000 has already been provided for the present enterprise, "PRESENT OFFERING Of the above 2,124,857 shares 200,000 shares are bein 200,000 shares have already been sold. 535,138 shares ed by Split 2,124,857 shares . as deemed necessary and advis- ailable for future financing of Split Lake Gold g sold at 40c per share. A portion of these said - Applications are being filled in the order received but the risk is reserved to reject applications in 'whole or in part and also to award in any case a smaller number of are paid or payable to officers or directors of the company on NOTICE OF CLOSING THIS OFFERING AT 40 CENTS PER SHARE WI ON OR BEFORE THE 6th- DAY OF JUNE, 1936. LL POSITIVELY BE CLOSED TO THE PUBLIC ; MEANTIME THE RIGHT CONTINUE THIS OFFERING AT ANY TIME, WITHOUT NOTICE. SPLIT LAKE GOLD = MINES Capitalization -- 4,000,000 Shares (No Par Value) Toronto, Ont." bg =o Ty HARRY L. DONALDSON, Managing Engineer Toronto, Ont. HEAD OFFICE: 1104 BANK fo Yt Ln we To SPLIT LAKE GOLD MINES LIMITED, Tel ephone: ELgin 6696 : HAMILTON BLDG. TORONTO, CANADA OFFICERS AND DIRECTORS GLEN A. REA, Secretary-Treasurer Toronto,. Ont. fed shares than applied for. No commissions any sales of stock, | ; IS RESERVED TO DIS- Winnipeg, Man, DANIEL I. JARVIS, Director Thornloe, Ont, VEIN REACHED AT FIRST LEVEL OF ~~ SPLIT LAKE GOLD > LIMITED W. S. KICKLEY, Director y | To SPLIT LAKE: GOLD MINES LIMITED; Head Office: 1104 Bank of Hamilton Bldg., Toronto. Kindly issus and mail these shares tor ~~ the sum of * ad EIR pe pr Rs ee cation for ......c..ciciinins shares of the Capital GOLD MINES LIMITED, (4,000,000 shares) | .. Dollars ' 198....a 4 1 .- LE 35% 83 1104 Bank of Hamilton Bldg., Toronto, Canada THE Gentlemen: . I hereby make appli Kindly forward prospectus, managing engineer's report, map and. "88 fad « Stock of S LIT LAKE full information on Split Lake Gold Mines Limited, Ty 8 uO 8% 40 cefita per; share, ; : 5° i Enclose please find 8 a Dated this .............. Name: ......... trriviedrie esis 3 Bg 8 g | be EA 3 3 > © Po 'N Address : § i 88 Re - 8, 2 3 Address FRREIRILAN a e Witness ....... 3 ? ws 4 | particular, The grammar is often a - iy constable of the place saw him and then there was the deuce to pay. He had to be brought to court, made to t with $10 and every person would know about it, oH : "-F 4 But the magistrate, W, B. Mcllveen did not stop there. He told the young 'man something. This way: "The next time you better pull up at the side of the road and use both arms in the 'old-fashioned way." x, And right there we are moved to a feeling of admiration for th: magis- trate of Markham, He has a know- ledge of human nature; he seems to know what Spring does to young men and maffens. He has one eye on the law to see that it is not broken be- yond repair, but he also has a bit of consideration for young people who are bent on-a-bit of courting..-- Peter- boro Examiner. ' Still Hope For Peace To look for the restoration of Ethi- opian independence now or for peace terms dictated by the gue may appear fantastic and would perhaps involve 'the end of Mussolini's regime. Yet, the expectation of lasting peace in Europe appears to rest largely on that perhaps extravagant hope, If the war proves to be an economic disas- ter for the winner--and it will so prBve if Mussolini cannot get help in paying for it -- the peace advocates in Europe will have new and stronger ground for their attack on the fever- ish war preparations now proceeding and on the nationalistic. tariffs which have nearly destroyed European trade, --Winnipeg Free Press. English Will Last It has been one of the distinctive characteristics of the English lang- uage that it has accepted contribut- tions of value regardless of the orig- in. American contributions are not more numerous nor basically different from those already taken from Greek, Arabic and the Oriental languages. The United States may enrich and modify the language, but it will pro- bably remain the English language, wherever or by. whomsoever it may be spoken, -- London Advertiser. -Farming As A Job Contrary to the opinion of some people, farming isn't an occupation at which any Tom, Dick and Harry can come out on top. In these days when so much stress is placed on the qual- ity of farm products, and the prices are such that the farmer's margin of profit is quite small, the successful agriculturist must apply not only the brawn but the brain as well to his work. * Miss Macphail put it very well when she said that -- "People think that any fool can farm. They think all a farmer has to do is to scratch the earth and sow some seed. Actually, a' successful farmer must be a good ad- ministrator, a good executive, He has to know everything; he must be a hor- ticulturist, a cerealist, a stock breed- er. Running a farm is no job for an amateur", Miss Macphail might also have add- ed that the farmer must be an optim- ist and a bit.ot a gambler. He is ne- ver sure how his crop is going to turn out. Unfavorable growing weather can nullify his efforts to a great de- gree in short order, and then he has has to make the best of it by carefully planning a way out-of the difficulty, it possible. -- The Kitchener Record. FEET : ha ---- The Comic Strips In the main, the Leader-Post in- clines to the view that most comic Strips are entertaining without doing violence to "anyone or anything in little loose -- deliberately so -- for often the persons are not grammati- cal persons, They might not be very entertaining it they were. Sometimes we think the spelling might be. improved; it sometimes does look worse than necessary. And the worst of-it is that a news- paper can' get enough bad spelling without having to buy It from a syn- dicate. Better Teeth. Ontario Dental Association is told that during 25 years there has been among children in Toronto schools a 'reduction of from 97 to 67 percent in defective teeth, This is encourag- fog and it indicates what may be done er 'attention to the teeth of growing boys and girls. It may bo noted that young péople nowadays have far bet. ter teeth than those of a generation 280. This is real progress. ~~ Toronto obe, Note From The West Mosquitoes are on the warpath, and spoiling the walks abroad, our golf and other outdoor pursuits, -- Winul. peg Tribune, 8 Latin, French, German, Scandinavian, | by persistent campaigning for groat- | "The dogs don't do as much bark. ing as the aldermen,' remarked Jim council 'meeting when an alderman suggested that they should be res- trained from making so much noise, I 1 in ker's complain at : neighbor's cow. kept him, from sleep- ing, and the matter it referred to the legislation committee, = | ence with naivigun \ havi how 'end. It cows cannot baw 18 th heart's content, aud' dogs and alder men must be stopped from barking--' perfectly natural phemomiena -- the next thing we know the wolf paek of sixteen will be. réquested to" lay off too audible conversation, It "will re: called that Sam Dodd's big timber wolf, Jemima, which was wont to join in a duet with the four o'clock train whistle, suffered a fate untimely at the hands of a neighbor because of her vocal efforts. ; % Is this a free country or {sn't it? Does a man run some risk of having a bylaw passed on him, if he is given. ly? Is everybody to be reduced to a whisper? ¥ Let the 'legislation committee be- ware, We must bear each other's bur- dens, There are too many by-laws now, the police tell us, -- Sault Ste. Marie Star. ro fy AMR ~The Empire T. B. in Ceylon | How much truth is there in the statement that, next to malaria, tu- diseases which afflict the people of Ceylon? It is true that the notified cases for the first five months of the last year exceeded the total for the whole of 1934. This increased incid- ence can be attributed to the reduced vitality of the people, following on the malaria epidemie, Apart from. this sudden increase, the official statistics in the annual administration reports -- of the Director gave a fair indication of the ravages of pulmonary tubercul- osis, although there are grounds to believe. that the total number of its victims dragging out a -miserable ex- istence at death's door is far in ex- cess of any figures that could possib- ly be collected. Tuberculosis is a so- cial evil of modern civilization and jt is more a social than a medical prob- lem. -- Times of Ceylon, Colombo. Russian Armaments When the Japanese War Office starts to draw attention to the weight of Russian grmaments, there is some reason to suggest that the pot is cal- ling the kettle black. Japan devoted 47 per cent of her whole budgetary expenditure last year to defence, and-- this year proposes to spend 60 per cent, Even so her military budgets, and those of all other countries, pale ywith Russia's. Marshal Tukhachevskl, deputy-Commissar of Defence, recent- ly. announced that in 1936 the Soviet would expend 14,800,000,000 roubles on her military forces. At the official ° rate of exchange this sum represents 2,600,000,000 pounds sterling, and at the unofficial rate, about 600,000,000 pounds, Britain has for months been debating whether she' would spend a half the latter sum spread over a per- iod of years on modernising her sea, is clear enough that, whether the Ja- .panese War Office wishes to put the nation on guard.or merely to-raise a bogey, it has substantial material to exploit. -- Auckland News. Coronation Date Archbishop of Canterbury to Perform Services on May 27, 1937 LONDON -- Coronation of King Edward will take place on May 27, 1937, one year from tomorrow, it was announced recently, - hig capacity as Earl Marshal, will be in charge of preparations for the ceremony, ¥. The - Archbiskop. of Canterbury will perform the actual coronation in Westminster Abbey. It had been announced some time previously 'that the coronation would be in May next year but the actual date had not been given out. : Pageantry dating back for centur: ies is observed when a new king is formally crowned, The ceremony custoniarily takes place in the year following the accession of a sovereign to 'the throne, The Poet's Corner. I count this thing to be 'greatly true That a ndble deed is a step toward God, Lifting the soul from the common clod To a purer air and a broader view, *° We rise by things that are under our Teet 3 Fay Hy what we have mastered of good + and gain, oa By 'the pride déposed and the passion A 43 slain, : -| And the. vanquished lls. that we hour. ly moet, ~Holected [ & ; ' 2 Petrie, the official dog catcher, at the * at the bawling ofa to absorbing his pea soup too loud- - berculosis is the most serious of the - into . insignificance by comparison--=+~' land and air forces. From all this it . ~The youthful Duke of 'Norfolk, in _ ; new She LS £3 -- * 3 Is Offcally Set. 9 40 3