Winnipeg Free Press

Wednesday, October 03, 1928

Issue date: Wednesday, October 3, 1928
Pages available: 26
Previous edition: Tuesday, October 2, 1928

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  • Location: Winnipeg, Manitoba
  • Pages available: 26
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Winnipeg Free Press (Newspaper) - October 3, 1928, Winnipeg, Manitoba Manitoba Jtj Xee press Winnipeg wednesday october 3, 1928 15 mining hews from markets Fields Vancouver stocks stoic prolong Matthews. Ltd open close. Sturgeon Lake to be reopened Alberta Pacific cons. Bav Viva _ j Cork Cotton Belt dal Housty Oil Daly Alaska Jurer of Twenty years ago now in fish inn Gold in tailings Fri on. Or by Oil received i the part of the com Torge Copper Corpe River Gladstone Golconda Zzz Grain View ii Lionie _ in Tian inter. Coal Coke Kootenay Flornce Lakeview Ino j l. Pc l. Cons. Lucky j a a Root Gold Matiy Lencl Oil of Rod Oil Parent prop is i National Silver Pond orc Illet 1 Forter Idaho a piercer have Pioneer 130b 52b 25b Job ibs 7a lib lib 525b 33 30b g2b 255 it 13b b in 26a Lon 140b 380a 6 14 1365 gob a 27b 90 Icib 7a lib no 34lj is in is firm believer in future cent. Manitoba mining 375-1 14 1350 i initial pay a Keith Hope Marie As an Silversmith the real i Slocan Kin mines work on tic re a Cornier a. Be named official in tit in the Slocan afro ii Psi Ansurd s. L. _ terminus Tnp Lcy Rich eld Wooll Norton Voo Sibine 3 n sub 1l so 15 in 185b Ica 25b 591 10 lib 50b 15 in 1 i. E. F. Hilchings pack from trip is enthusiastic railway transport necessary that the Central Manitoba mining District holds unlimited possibilities for future exploitation ii the enthusiastic opinion of e. F. Hutchings president of the great West saddlery company who just returned to Tho City after inspecting the Mont Colm Tine properties. The stories he heard about this development sounded like fairy tales to him he says so he went tip to see for himself. He returned with a conviction that j there is More truth than fiction in cur news from the mines Solloway. Milts c6t the american Metal company of new York Are reported to to the american company which been negotiating Lor control of the Abana mines. The company is a holding company with Large interests in the United states Cuba Mexico South America Africa. The company six per cent preferred stack shares of no Par common. The net working capital is estimated to a i Urci Ipoh paymaster mines e. Ii. Wilkle president of paymaster is expected to arrive at the property within the next few Days when the Quai ution of stepping zip tonnage of the cyanide will be taken Tho tonnage it the Mill been brought to around 500 tons per Day. The property is actually operating at a loss but Tho margin Between profit loss been brought to some few thousand dollars a month it is hoped that when operating on a larger tonnage basis the loss will be turned into a profit. Topley Itic Lillelid in running a crosscut to the East vein. A Days of property was was the difficulties u Rran Sporta i or Morea Wlinich looses rail line j . Has Cen is now a transportation to Nave tiiret1 rapids . a Ovici re Only in. Island Lake area rent reports of this ii la. Or. Hutchings is also convinced that the Early opening up of the country East of Lake Winnipeg by adequate will any construction is pres singly indicated not Only for milling develop i Merit but also for the agricultural possibilities that would be realized. One of the railroads should get in says or. Hutchings. I feel it would be u paying proposition i even apart irom raining if the rest j of the country is As attractive from an j agricultural Point of View. 1 would i to vein running a right West Cost Velus scene of new find i1 months prospecting trip near Northern Manitoba Boundary suggest that the government. conditions after s200.0chi in a x Tsi sunk to 500 b in i Erv lick elopement work Een be Lov if 250 foot Issei housing a com courage the settlement of that area by scandinavian Farmers As it is the kind or country they Are used the Montcalm Tine claims Are slut up flirt from Fiir ub011 1 a half from the lae Fujii drum Ruhr Gocr lenient extend Over j t Creo ridges the first of which is the . This is where the recent strike was made by Duncan Mcleod at the Tipper extremity of the Golden stairway 1 the Ore on these ridges is exposed. I the face of the. Montc Aliu Ridge at this two Well defined Quartz veins one 70 feet wide the other 40. These veins traverse the was encountered. Three assays were taken the highest 3.12 ounces in Gold 81.60 ounces Silver or a total value of 111.36 in Gold Silver at one. Sample run 17.88 in Gold Silver the third Sample in Gold Silver. High Copper values Are not included in the assay values. Over 3.5oo feet of Diamond drilling been completed about 2.800 feet of tunnelling is proceeding at the Rule of 351 to 370 feet per month. It is the to furnish the bal of the foot Diamond Drill ing contract 6.500 underground to continue ail Back from a four months trip into coir Kinmg _ Island Lake country roughly 200 Miles Easterly from Norway House at North end of Lake Winnipeg Ana just within the Manitoba Boundary line. E. K. Fockler his partner d. C. Charles geologists for the Casey Mountain operating Syndicate of dec Otier on the property reached the City saturday. While the four months spent pros Ike by d. A. M condition. A peeling in the country indicated was. Of m. Or of s294.000. Or .52g4.gi.x-. Quid be profit . 1 been or underground 5500.coo fairly St remious the return trip was Ever More so. For the last ten Days there been intermittent Snow so.88 storms through the North country of 90 travelling was unpleasant often dangerous. Ridge have been prospected by new Yoek club close. Oslo a Hammond a Nan Lon. I oct. American clan Csc Anglo Oil Oil electric Bond share Cross cutting Diamond drilling. Most of the samples Sizow visible cml Are in the opinion of i. Hutch ing the richest he Ever seen. As an engineering project the development of this property As unusual advantages. It is an open Cut mining proposition with Gravity assisting. The vein extends towards the Tine j ridges where Ore bodies running at j right angles to Tho Montcalm vein have been demonstrated. There must i be a Contact says or Hutch j incurs in Wlinich Rich Ore should be Fockler Charles were bringing found out will them spectacular samples of in c Vittini a stairway tip the face of a Gold discovery which they believe Ulo almost every produced j will prove of the highest interest but a Volch Gold was visible. It is these were All lost when their canot known Lamil Larrv As the Golden Stair overturned in the Keno Chewan rap a Ift Veirs says or ids. Between Beaver Hill Lake Hutchings. An a la be one of Ford of Canada Humble Oil. Lull utilities a ill. Utilities iraqi 1. Petroleum Imperial Oil Prairie Oil the Salt Creek producers South Eastern Power Standard Oil. United improve. Vacuum Oil Wesson Oil. 20 to 134 23 i 133v 143 is 82 Newbeck feature As list shows weak tendency i losses outnumber gains on to Ronto mine Marks established Patch to the free Toronto oct. From afcan. Newbeck the two Nickel issues stocks on the Standard Minonk exx change today failed to rally Troin the weak position which they held on monday. Noranda. Amulet. Sud Taury Basin Hollinger. Towage of . Many of the other stand Ned issues wern particularly weak a number of new Low Marks for the year or longer were established before the end of the ses on. Total sales for the Clay at the highest Points in losses outnumbered by 51 to 30, but of the stocks which moved upward less than n dozen of the Active issues advanced More than fractionally. Norbec was the outstanding feature with transactions amounting to 875 shares. Opening at 57c. The Price stent ily moved up until a Peak of 64c was attained but it suffered it re lapse towards the end of the Birs Slon to close at c3c. Abana again scored a new High Mark for All time at at 34.68, a net Advance of 18c. Amulet broke to a new Low Foi the year at but recovered to for n loss of 17c. Noranda lost All of its Advance of the previous Day ended at off Towa Mac declined 30c to with the Botto got other losses in the group were us follows Malartic 3c to area 3c to 20c Aruo 4c to 22c Bedford 2c to 36c Clericy 4 to to 22j.-c Siscoe a cent to 84c, Tompson Cadillac. 2c to 03c. Capiti-1 Bolyn readied a Nev High for this it. Up Rauda was unchanged at 27c. Hollinger slumped to be Low its previous close. Mclntyre drop Ped 30c to s21.05. Dome was 25c weaker at sb.75 in Light trading. Vipond made a gain of 3c to Bovic. Connau Nim was 5c higher at Gol Dale he higher it an Crite eased 2c to 28c International Nickel touched closed at a rain of shares were at Days. Fifty year anniversary of scottish Bank crash it is just fifty years ago that one of the biggest financial crashes of Trie Century occurred in the Fah 1 ure of the City of Glasgow Bank. Tho liability of the shareholders be ing unlimited it resulted in Munji impoverishment suffering shares were Selling zip. To the Daj before the Bank closed its doors at More than double their Par value dividends in to 12 per cent. Were paid during its operation. It was established in 1837 133 branches. The failure was generally attrib to the Bank s resources being tied up1 in Bills shares Deben Tures of various kinds which were not readily convertible. Morton Woolsey in heavy Traue Vancouver met i special despatch to the tree i la Vancouver oct. Idadore Licud Tho spotlight on the Vancouver Exchange today. Snowflake near of Coo Selling to the extent of shares Morton Woolsey adjoining property turning Over on the record volume of 269.0011 shares. Lie ports strikes of Rich Silver lend Zinc ores at both properties. Were the factors behind toe Public demand. Morton Woolsey is the new company which taken Over the of Usula mining corporation the torn scr j metals corporation on a Shai e mond Nickel was also Active in Hungo basis. Snowflake we Iii ha.? Vance s1.25 to s32.so, with the rising steadily for the pint at Sudbury Basin sold off 19c to 86.07, Sidbury Contact to 17c. Lake Shore were unchanged of my respectively. Kirl Clauid Lake Gold was up a cent to Sylvanita up 5c to s2.60, Wright Harp eaves Oft a cent to s2.s5. Bidgood failed to recover any of its previous Day s decline closed at 56c. Mandy mines jumped to Dur ing the morning hut later reacted to 81.82, a net gain of 5c. Central Manitoba held steady it 98e, while Hudson Bay mining was off Loc to Sher Ritt of Orion off 5c to 86.40 san Antonio Oft 2c to 31c. Pen Orvllle dropped Loc to s13.35 big Missouri wins 4n lower at 53c. Kootenay Florence moved up to 19c. Metal a uksts Days closed monday at in cell s. It opened this morning it advanced rapidly to then receded to 95 afterwards rallied to a close at 81.05, a net gain of 27 Points Mith a great bulk of the Selling at the Lingher prices. Morton Woolsey which Helling at less than three cents week ago advanced to a High of 9 today closed at Grandview was in less demand Lipold Down to a close at from an opening at 62, a net loss of Points on sales of 20.000 shares. Pond Orel lie was weaker on Light trading Selling from an opening at to u. Close at a net loss of 25 Points. Premier was taken up at an Ever. Price of unchanged. In tin old leaders the biggest sales associated press Des Jacb new York oct. 2. Copper for tre Day were in from Linus which Rose from opening it to a Hilgh. Of 28 a. at 27, on sales of shares Alta steady Ili Mand Rufus Argei to was also Stroia Selling from 26 to a of 28 a Clos ii at 27 on sales of shares. Big else Ouirl was slight by weaker of Light trading Sellini at 54. George Copper brought continued heavy trading via under Way in Kootenay Florence fractionally better than 13, Over being in 15.0co Sham ii ports 4.200 sales of a Range of from 60 to a close at was stronger with snares Chanc ing hands from 31 to Lucky Jim slightly a longer at a of 26. It tenders for hauling gravel firm electrolytic spot future 15vs. Iron steady unchanged. Tin easy spot to future to Lead firm spot. New York East St. Louis to Zinc firm East St. Louis spot future s6.25. Quicksilver Antimony at London Standard Copper spot 2s 6d electrolytic spot 5s future 15s. Tin spot 10s future Lead spot 17s 6d future 15s. Zinc spot 2a 6d future 7s 6d. Just to remind you this is the time to have Youv Winter coat cleaned pressed. Sealed tenders tenders far haul Iii will be received Liy Hie Umlor sidled until twelve o clock i Loon on wednesday october Loui. 1928, screening. Loading Hunting or vet irom lists supplied to the department to the following project Miles. 6.300 cubic Yards of Zuravi 1. amount of haul 40.130 5 Mali i. Amount of Cash Deposit or bid Bond required with tender Frol Rei current to mile. Cubic Yards of or vim. amount of haul Cuba Yard in l is. Amount of Cash Deposit 01 bid Bond in que lord with tender. Pro incl ill re. Cubic Yards of Gavri. amount of haul Yard amount or or bid Bond in que lord with tender s1.5iio.oc. J copies of plans specifications seen at the office of the under Altrine tin orifice each of the Partle Curant Hugh Mcdougal 218 Luiss . Saskatoon City Cuvrk Albert sask. Ally Ortli Datil Foris sask. Plans Etc. For project on Cal lib lion at the office o j. C. Waters to. 214, my Liuo. Sask. Plans Etc. For project 4-j on exhibition at Thi office of .1. E. H. Laidlaw 3ec. Treas. . No. 137. Swift current. Sisi. Plans Etc., for project 2-e on exhibition at the office of Harry cock Village of Chamberlain Chamberlain to Myers will be opened in Public in of face of the Deputy minister at the hour of four on wednesday. October 10th, 1s2r. The lowest or an tender not necessarily accepted. Ii. S. Carpenter Deputy minister of Retina sask. October 3rd. 1928. Lake. They been running producers in both mining to Reca Ireci for Miles were on the last stretch Agri Cullums Fields of favo Rabie before entering god s Lake u Hen their i us about feet on i a urea a re i Canoe hit a hidden Rock ran broadside a. T. L. In the swirling currents then of i attracted a or turned. Precipitating Ai id j Prospect All their belongings into the turbulent Williamson a cilia of the Casey Waters. They wore eventually Able to Moi Mauiu operating Syndicate inti Suc i c inc imling to i a . Morgan a in. a of d extricate themselves recovered mated Bis company would continue sex their somewhat battered Canoe. To i orator. Work Oil this property Early wit i some of their provisions. In inc sprig. In the meantime or. Temporary repairs were made the la being sent in to the com homeward journey recommenced. Pany s property at East Clearwater arrived at Norway House they found in the Patricia District where about 20 prospectors waiting for the in extensive property which Steamer to take them Down Lake win believed to be to continuation of the Nipes to Selkirk finally reached holdings on which considerable the latter place on the Steamer Wol j work been this summer. Verine saturday. Vry Low on to us members Ivinnie 342 Garry St. Phone 24 864 we made what believe will prove an important said or. Fockler. The discovery was made on i confederation Isle which is about ten i Miles Long in Island Lake a number of smaller lakes on it itself. I the break is in an Iron formation running East West this Gen eral formation is easily traceable Tor three or four Miles. The vein in which we found the free Gold of a very spectacular nature we traced for seven or eight Hundred Leet. We stripped exposed it in a number of places staked five claims along its length now ready for mailing october 1st Issue of the Canadian mining world with reliable up to Date information of the latest mining developments. Is your name on our mailing list Iii m i Ted specialists mining securities 356 main Street Telephone 89 326 private from coast to coast the Casey Mountain property been stripped for half a mile while j claims held by Tho Syndicate run for j two a half Miles on the strike of the vein North South. Channel As says Over feet gave encouraging results free Gold is visible in a number of places. Other veins on the property or Williamson said have j been shown up some of Are 33 feet in Width. Or. Fockler is Iio go ing in to Sample the or the j Syndicate advise Asu the continuation of the work. Toronto mines Ltd oct. 2, 192r. Open. Gigli. Luw. timely advice certain mines a outstanding because of their proven values Don t guess at tie right ones. Throughout the summer months we Nave Perit div uric in investors to Tako advantage the Low prices of mining stocks so that maximum profits i Sulu be secured. Are already strengthening very within two weeks we an Cipale Traulins consequently higher shall he pleased to advise Jou is o the omit standing buys. Ajax _ _ Amity _ Amulet _ Apex Barry Holling Bati burst Bod Lora Bidgood _ Bis. Missouri _ Boischatel Buckingham ii. E. Cap. Rou. Man Dysput hisses cd Crick coast Coper -3950 con arum _ 250 Crown r. 50 dome 87 36 2uo 19 48 3u 30j cd 03 2 13 i 16 s3 4 23 11 40 s4 i 3 Miller court 6s? co. Ltd. Investments 2" und floor. Lindsay the stocks the mine the til Ker tells you. What the Street ills Yini what the official reports Teil you Nav Virv widely. Our business is to sift facts Lutovs Civo our clients the acne i of a news service. Pc shall Berlind to advise you on your holdings without conic in have a Chat tin service Muy be seen in House journal news from the Minos to mailed to your uni the Board rooms the mines _ every Otic. Mills f co. Limited of private wires com mining Oil Miles of of fico . Principal of incl i Loor. Union Trust did j so w. Hicks a manager. Putin continent wide Anil Effram exchanges. Lin Lombard. Duprat go Dale Gold Hill Gooc fish Graham 3. Granda r. Grover d. Hollinger Eoj a b. M. And smelt. Co.-1020 int. Nickel m or cry Kirkland h. 4 Kirkland Koot. Florence 18 Lake Shore i Laval que. I Label i Mii Lartic Mandy Ibn Mcdougall 3g Mclntyre mining corp. 33o 1 Moffat Hall _ 15 me Robic 3t Moss mines to Newbeck 57 Nicht Hawk _ 6 no pissing ------90 Noranda Kosisko 5ft Pawnee Kirk. Jul . Orcille plea Rte Pioneer Potter Doal Premier rib ago Robt Mont. I 13 u 12 3950 255 4 11 40 34 i to 53 3950 250 54 875 3 23 10 38 20 60 53 33 10 Sims o 25.1 875 3 Lov 38 03 1320 s3 40 -6 140 id 2200 16 20 25 170 205 36 2105 335 in a a 700 760 95 1395 1900 126vj 127 1 40 4. 135 18 2200 14 19 1375. 51 san Antonio 3 i Slier. Gordon St. Anthony 6 j Sud. 030 justas Aboim i Sud. Mines a Sylvanite---260 discos . Cadiz. 55 Towi Mac. 300 Vipond doric l. Of Rouyn or. Harar. 59 3300 64 6 295 4935 55 12 1375_ 51 7 230 8 10 655 62 630 13 2 215 2co is 901 30 u 305 162 180 36 2100 220 15 37. 59 3100 57 6 290 4730 55 b1335 i h 50 7 40 is 137 19 2200 14 19 165 185 36 2105 i 76 59 63 6 2so 4750 55 i 10 1.335 10 30 640 60 goo 12 260 so s90 55 35 290 230 x 10 31 040 61 507 u5 260 81 310 55 35 305 90 in 25uj 3000 Iboo 3300u 500 1500 4400 Lou. 80j 8400 1200 Januj 1000 42400 2000 22000 4000 100 700 1500 85001 200dj 9000 5500. 8.100 3000 2500 3000, 2dgo Dodo 2400 Isoo 4000 j 5011 4 son 2boo 500 130001 1000 i 3000 35000, i too Joc i 3do 2500 12500 1501 1500 7000 1coo, 141500 2500 1201. 6300 5000 i 12000 300 4000 8000 38500, 500 20c01 2000 11300 42co 6000 8900 500 4000 100 100 210co. 3200 Tor in 6500 4550 6500 i 4000 53jo joins i an Tepic on Hoard been the Board of the Ric Farci elect Cal to Oil com the democracy of Commerce j very one who opens builds a savings account in a Canadian Bank not Only works towards his financial Independence but enters an All embracing Union of commercial Enterprise. The individual Deposit whether it be one Dollar or a. Million dollars immediately becomes a. Vitalizing Force in the conduct development of Canadian business since every Dollar thus deposited less a Safe Reserve is used to finance the agriculture Trade Industry of the Dominion. The Canadian Bank of Commerce the Safe depository of several Hundred thousand people used the funds entrusted to its care by making Loans in All parts of Canada to a total of classified As follows governments municipalities. Public utilities insurance companies Trust companies automobile finance companies Etc. Agriculture food products. Farmers Grain flour meat manufacturers agricultural implements mining Iron steel automobiles textiles wearing apparel Etc. General stores sundry wholesalers retailers lumbering Industry including pulp paper. Contractors builders Etc. Call Loans Loans on securities to Security houses underwriters Etc. Sundry dealers traders individual custom ers of the Bank throughout the Dominion. The people who by saving provide these funds those who borrow the Bank that assists in this nation wide co operative scheme of safety productive Effort constitute one of the great democracies in Canadian commercial social life. Hard work ing Thrifty enterprising people irrespective of class Creed position or financial circumstances Are thus brought together for a common up building Progress of the Dominion. The Canadian Bank of Commerce welcomes savings Bank accounts will give the utmost1 in service consideration to All savings Bank customers whether their accounts be Large or Small. The Canadian Bank of Commerce s. H. Logan general manager capital paid up Reserve fund tenders for improvement of Road sealed tenders marked i Enders i of project will be by til in Dorsic cd until twelve o clock now in wednesday october 17th, is a Foi tie improvement of 8 of provincial High Way from Pelly to Norquay. The a Cunt of Earth Escava Atlin is Oppi nil Malelya cubic Yards the amount of Cali it posit or bid Bond required with Tenter is copies of plans pm of Zefi Lions May be seen the Olfin of try in Ders tined und at the office of 01 the followings parties we. Huith hos Block Saskatoon sask. City Cleri Prince Albert. Sask. City clerk. North Batt Lenard. Sask. E. A. , 333. Torquay. Sask. Tenders be opened in Public h a office of the Deputy my Niiler at the hour of four p.m., on october 1928. The lowest or any Leader not warily accepted. H. S. Carpenter Deputy minister of . Regnia sask. October 3rd. Notice the surrogate court of the Southern judicial District of Manitoba. In the Mailer of the Joni ilnits deceased in., her lifeline of Section three township two rinse sixteen West of the pro Calph. In Manitoba. Wynn Lurf a Malkai. Husband of the Muelha Jan alias deceased. Take notice that the said Martha Jennings departed this life on the 3rd Day o june. 1928. Having first mud n Wylli Dos posing of her a state thit the sail wll does not contain any Der leu or berm so to 2tl that on Fri tev the Day of october. . 1923. 030 o clock in the afternoon Al no i Chambers. In the court House. 1 1 the town of Morden in the province of Alanl Toba application will be Maine .0 his Lisnov Corbet Locke. Judie of this honorable court under the provision of sub Section 2 of. Section 21 of chapter 53 of the consolidated the revised statute. Of. Manitoba called the Dover it order enabling the executors of the Lirla Martin Jennings deceased to carry of the provisions of the said will of the said estate free of any claim that you the said Thomas Jennings have or May have to Liny interest in the said under the Dower further take notice that in your sence on the Day named an order Miry w made barring forever rot of All interest in the Fald estate. Dated at kill Lanty in the of Man Toba this 23th Day of september . Ig23 Williams Hill solicitors for Lorenzo Cockrell Bruce Reynolds. Executors. Rural municipality of West . Public notice Public notice i hereby Given thai. Council of the Rurik municipality of we decided. Intends we 1 execute Complete the Follo Ivina local a a 4 it. Cinder Wolk on the North s dec no Wynn ave nue. Cover intr lots 1, 32 Toi 33 inclusive 49 to o4 inclusive in Biocini 1 lots 77 to 110 inclusive in Dick 3, d . 16 Kildonan plan no. My. And will assess Ond Levy the Cost tre Reot upon the real property be thereby unless n majority of the o Totri of the real property affected. Represent Toni it least in Villuc of such real pro Perty As shown by the int revised assessment roil of the municipality. The Council of Tho municipality anal nil of same within four mss aft the for by publication of Thili notice. It is the intention of the to the Cost of the above improvement Tunc property benefited in two years on the tax Rolls of the municipality. I dated this third Clardl div of Oclo brr i William 13allard Secretary treasurer. Rural municipality i West Kildunn. Mar. Canadian National railways it scaled tenders will he received at the flee of the chief Engineer. Winnipeg. Jul 12 o clock noon. Thursday the let hoi october 192s, for construction of Ramt stucco station part Frankf freight she Weyburn. Sasha Chc in Aii for re decl Tang machine shop. Winnipeg 163 feet by 572 feet a so for alterations construction of additions to the feta to i to fort Frances Ontario. For taking off a refit ent roof nor construction of insulated roof on round House machine shop Alto boiler room it Satha Chewan. Hans Specif locations of con Raci mar be seen form of Binder Obten it at the office of chief Engineer. Tenders will not be considered unless on Forjin supplied by Pic Rall Vav company accompanied by an accepted Cheque on a chartered Bank ;