Provincial Library, Victoria, D. C. THE NEWS WILL KEEP VOU POSTED ON THE DEVELOPMENT OF THE MIXES���$5.00 THE YEAR. Portland Canal News Devoted to the Interests of the Mining Districts ot Northwestern British Columbia SEND THIS COPT TO YOUR FRIEND WHO WANTS INFORMATION ABOUT THIS DISTRICT. VOL. 7, NO. 45 STEWART, BRITISH COLUMBIA, FRIDAY, APRIL 2, 1926 $5 THE YEAR���10c. the Copy SPEEDING UP B._C. SILVER Enlarged Equipment Ready To Operate���Will Exploit Big Ore Body Recently Encountered Since the 1 ig ore body on tht il level of B.C.Silver was en- LA ROSE MINE VALUES HIGH All expectations of the owners are being fulfilled by the LaRose mine at Alice Arm, according to J.M.Morrison, who spent a part of the week in Stewart. The crosscut tunnel run during the winter by Niel Forbes and associates under contract, cut the ntered, warranting greatly i vein in a distance of 416-feet at cou ^ enlarged equipment, development has been crowded as rapidly as conditions will permit. The power plant has been increased by the installation of a 180 h.p. semi-Diesel engine, direct-connected to a 1050 cf. angle compound compressor: two air receivers have been set up and the air line laid; in fact every detail is new complete and the new machinery will be turned over for the first time next Sunday. Lumber is being hauled by the Crawford Transfer Co. for the construction of a three-story bunkhouse capable of accommodating 62 men, which will increase the accommodation to approximately 100 men. It is expected to have this work completed in the near future. Underground the management are concentrating upon the completion of the big raise from No. 3 level 220 feet up to No. 2. This raise is new up 170 feet, and when completed will afford ventilation for the entire lower levels, in addition to assisting mining operations on the big ore body encountered on the northerly end in No. 3. This work, it is anticipated, will be completed about May 1, when, with increased power and electric hauling motor, development will be speeded up by the use of four or five machine drills. Diamond drilling will be done for the purpose of further exploring and proving up the two bodies, one adjacent to the Premier boundary and the other near the face of the tunnel, both of which, in the light of information gained to date, are of the utmost importance. The ore in both these bodies '3 identical in character and occurrence with that of the Premier, and on the extension of the same zone. From the southerly one, adjacent to the Premier boundary, $40,000 worth of ore was extracted in the course of development. a vertical depth of 130 feet. An upraise is now being driven to connect with the bottom of an old shaft. The raise, when Mr Morrison left the camp, was up a distance of 90 feet and should make connection with the shaft this month. The face of the raise shows four feet of ore with over a foot of high-grade. The bottom of the shaft shows 3�� feet of the same character of ore. A comprehensive sample recently sent to Denver for assaying gave returns as follows: Gold, $5.60; silver, 515 ounces; lead, 20 per cent, making a total value of $552 per ton. A sample sent to the Granby Company at Anyox gave higher returns, running 911 ounces in silver. The second grade ore, which will be eventually milled, carries from 29 to 128 ounces in silver. The property is seven miles trom Alice Arm and 3000 feet on an air line from the Dolly Varden railway, with which it will be* connected by aerial tram when sufficient mine development has been done. The workings are at an elevation of about 2000 feet. Premier Mine Operations ooooo ooo ooo ooooo A summary of Premier mining operations for 1925, also for comparison, those of 1924, is as follows: 1924 1925 Diamond drilling, feet 15,838 13,500 Development drifts and raises 7,333 5,684 Total diamond drilling to date 51,582 65,082 Total underground workings 27.266 32,950 Ore mined, dry tons 159.014 168,557 Ore milled, dry tons 61,965 55,704 Ore shipped to Tacoma, dry tons 75.917 89,219 Ore shipped to Granby. dry tons 21,132 23,684 Table concentrates shipped, dry tons 6,302 1,328 Flotation concentrates shipped, dry tons 2,222 5,029 Precipitates shipped to Selby. tons ... 13.55 7.95 Ounces gold produced ..., 139.288 119.725 Ounces silver produced 3,015,382 2,559,192 Pounds lead produced 452,010 870,971 Broken ore reserve Dec. 31st, tons... 147,880 243,511 Ore broken during year, tons 213.894 264,188 Average price sil ver. per ounce 66.78c 69.06c "another premier dividend Premier Gold Mining Company has declared its first quarterly dividend for 1926, payable April 3 t<> stockholders of record on March 19. The dividend is at the rate of 8 cents a share, or $400,000. This makes a total dividend record of $8,588,000, all paid since 1921. r V- STEWART-HYDER LOCAL NEWS 1 J EQUIPMENT IN FORjEBAKWE The Sebakwe management are losing no time in getting development under way on the Bush property. The Prince George on Thursday brought in a 60 h.p. engine, capable of developing 340 cubic feet of air. with the necessary accessories, including a starter engine, air receiver and air pipe, the shipmment weighing 13 tons. The Crawford Transfer Co,, who have the hauling contract, at once started to move this equipment up the hill, in addition to lumber and other material for the construction of the camp which will be erected adjacent to the new tunnel south of the Bush slide. Ten men, including a cook, went to the property Wednesday to get things under way. While no details are available, it is understood that the new camp will have accommodations for about 15 men. An Easter dance will be given next Tuesday evening, April 6th, wjth a six-piece orchestra. Admission, gentlemen, $1.50; ladies free���including supper. Music starts promptly at 9 p. m. Stewart Op. ra House. CAN'T FIND WALLS ON BIG JISSOURI Captain Duncan MacVichie, a well known mine operator from the States, and Harry Townsend, consulting engineer for the Big Missouri Mining Co., after spending some days at the mine, left for the south Monday night, apparently satisfied with what they had seen. Mr Townsend expects to return in about two weeks, while Capt. MacVichie said that he anticipates being back again when the snow has gone. Work on the property has been progressing very satisfactorily throughout the winter. An important feature is a new discovery made on the Union Fraction, which adjoins the Unicorn on the west. The size, strike and dip of this ore body have not yet been determined owing to the fact that although drifts have been run on it 22 feet west, 20 feet north and 7 feet south, no wall has so far been encountered and more work is required to ob- Mrs J.M.Gray returned on the Cardena from a visit in Rupert. Mrs H. Cochrane returned Thursday from a visit in Edmonton. C.W. Magee, who has been outside most of the winter, returned yesterday. Miss Beatrice Horstman, who is attending school in Rupert, is home for the Easter holidavs. E.R.Stivers, customs collector at Hyder, has returned from an extended tour through the States Jas. McMillan had his face badly burned by an explosion of carbide gas at the L&L, and is in the hospital. Mrs O. M. Anderson, accompanied by her daughter, Miss J. R. Eldred, returned Sunday from a visit of several weeks in Seattle Owing to the paper not publishing until Saturday morning on account of Good Friday, we are able to announce the birth of a daughter to Mr and Mrs S. G. McNeil at 6:30 a.m. April 3 in the Stewart Hospital. St. Mark's W. A. Officers At the meeting of the Women's Auxiliary of St. Mark's Church last Wednesday the following officers were elected: President, Mrs A.W.R. Ashley; vice president. Mrs G.C.Andrew secretary, Mrs W. H. Watson; treasurer, Mrs Will Jancowski. tain real information. Lumber and supplies are being rushed in by the Crawford Transfer Co., before the snow leaves and makes it neoessary to use pack horses. Gerald Service, formerly with the Bank of Montreal here and now stationed in Rupert, is visiting over the week end. Extensive improvements have been made on the Fire hall by the Stewart Land Co. Partitions have been removed so as to have the fire fighting equipment more convenient, and the rooms above will be renovated and rented as business offices. Premier Paragraphs (Contributed) Dedicate Memorial Altar At the 11:30 a.m. service in St. Mark's Church on Easter Day, the memorial altar will be dedicated to the Glory of God and in memory of Mrs C. Jackson. The altar is the handiwork of her husband. DEFERENTIAL GEAR GOES ON MARKET Hugo Stratford, formerly of Stewart and inventor of a deferential gear that will be a boon to all users of motor cars, was in town from Monday until Thursday conferring with Wm. Noble, head of the Stratford Independent Deferential Syndicate Ltd., which has been formed to commercialize the invention. Patents have been secured in Canada, United States, Great Britain, Germany, France, Italy, Australia and New Zealand, which would appear to fully protect the invention. It has taken time to secure these, but now that this is done, Mr Stratford will go east to introduce the gear on the market. The Premier Community Club presented their first moving picture show on Friday, March 26. The new hall is very well adapted for piotures, and we are now assured of a weekly show. Captain Duncan MacVichie, mining engineer of Salt Lake City and interested in the development of the Big Missouri, was Mr Pitt's guest Saturday and Sunday. Weather indications now point to an early spring. It is a month previous to any year since commencement of eperations. We anticipate roads will be open for cars about the middle of May. We are pleased to see Jos. Prout around again after his serious illness, and wish him a speedy convalescence. The Mine team were again successful in the Inter-departmental Basket Ball League, winning against the Office on Monday night. League standing now is: Played Won Mine 7 4 Office 8 4 Mill 5 3 Mechanics 6 2 Miss R. Caldwell of Winnipeg, who arrived on Thursday, is vig- iting Mrs Bert Smith. Ed Mustard, carpenter foreman, left this week for a week's visit in Anyox. NEW MILL UNIT NOW OPERATING Premier Milling Capacity Doubled���Power Plant Is Also Enlarged to Meet New Requirements The new 250 ton mill unit of the Premier Gold Mining Co. has been completed and is now undergoing its primary tuning up with marked success, and will soon be up to capacity. The system upon which this new unit operates is exactly similar to that found most satisfactory in the original 100-ton unit, that is, concentration by flotation and tabling, with elimination of the cyanide plant. Operating at capacity this will bring the milling ability of Premier up to 350 tons daily. The company's power plant has been recently greatly enlarged by the installation of two 360 h.p. full-Diesel cold start engines, each pulling a 275 kilowat volt amp generator. Another water wheel has been added to the hydro-electric plant, which gives an additional 300 h.p. In addition to the two 360 h.p. full- Diesel engines mentioned above, the Premier power plant now consists of one complete 500 h.p. hydro-electric unit and one 600 h.p. unit, the first pulling a 450 k.v.a. generator, and the latter a 475 k.v.a; one 300 h.p. semi- Diesel engine, pulling 275 k.v.a. generator; two 150 h.p. engines, each pulling 125 k.v.a. Thus Premier is developing 2420 h.p. by hydro and auxiliary power, giving a total of 1975 k.v.a's. The new substation has also been completed and contains a new 7-panel switch board, four 200 k.v.a. transformers, each reducing from 2200 volts to 440 for domestic and small motor use and a 35 k.v.a. transformer for reducing from 2200 volts to 110 for lighting purposes in and about the mill and shops. All overhead wires have been done away with except the transmission line from the power plant to the substation, and are carried either underground or thru buildings in order to protect them from the heavy snows, which in time makes for a great saving in maintenance. These extensive additions to the plant should be substantial evidence and assurance of the long life of the mine, for the Premier Management have long been noted for their extreme conservatism, as will be noted in their annual report, appearing on Page 2 ef this issue. Money found. Ask the News. PORTLAND CANAL NEWS, STEWART, B. C, FRIDAY, APRIL 2, 1926 The Portland Canal News H. W. M. ROLSTON Editor and Publisher W. R. HULL News Editor MEMBER OF OANAOIAN WEEKLY NEWSPAPER ASSOCIATION FITE DOLLARS TER YEAR Advertising Rates: Display Advertising, 60 cents per inch per issue. Reading Netfaes. 20 cents per line. Sjwcial Position Display or Reading, 25 per cent above tt*nt ty rates. e*i tificate of Improvement, $15 (if more than one claim, E3T6 f��r each additional claim mentioned) Land Notices, $10. Coal Notices, $7. Water Notices, 110. No Advertising Accepted for First Page ' I �����._.������- PREMIER ANNUAL REPORT THROUGH the courtesy of the Premier management the News has received a copy of the 1925 report by H. A. Guess, vice president and managing director of the Premier Gold Mining Company, Ltd., immediately the book was available for circulation. In view of the importance of this company's operations, we publish herewith as much of this report as space limitations will permit. Mr. Guess says: In previous annual reports, a fairly complete description was given of the Company's properties, their location, and of the mining, milling and power plants, and the aerial tramway equipment leading from the mine to the loading wharf at tidewater. During the past year the Company's engineers examined numerous mining properties in the Salmon River and nearby districts, but none of them seemed to the Management of sufficient promise to justify acquisition, upon the terms offered. A rearrangement of the milling equipment was made during the past year and work was started upon the enlargement of the milling plant by the construction of another unit, making in all a daily capacity of 400 tons. This second unit will, it is expected, be completed and in operation some time in March, and the treatment, as now arranged, which will be similar also in the new unit, gives a more concentrated product with correspondingly lessened tonnage of concentrates and a substantial saving in monthly freight and smelting charges as compared with previous practice. The above mentioned increase in milling necessitated an increase in the power plant and a rearrangement of some of its units. This work was completed during the year and the present plant represents 1620 H.P. of semi-Diesel engines and 1100 H.P. of water wheel capacity. This water power is considerably diminished during the winter months. A fuel-oil storage tank of 20,000 bbls. capacity was installed, convenient to the wharf at Stewart and the aerial tramway. In the last annual report an estimate was given of the broken ore in stopes as at December 31st, 1924 and of the assured and probable unbroken ore to the then bottom production level of the mine, viz. the 4th level, these estimates being as follows: Broken ore in stopes as of Dec. 31, 1924���147,880 tons, averaging 0.55 ounces gold and 17.3 ounces silver per ton. Assured and probable unbroken ore down to 4th level as of Dec. 31st, 1924��� 420,000 tons, averaging 0.54 ounces gold and 14.1 ounces silver per ton. Mention was made in that report of additional ore possibilities in five different areas beyond the then mine workings, these being as follows: 1 Unexplored ground in the northeastern portion of the Company's property, along the main northeastern ore zone. 2 Unexplored ground along the same zone but to the southwestward of the mine workings. 3 Possibilities in the vein of northwestern strike which intersects the main zone. 4 Possibilities from prospecting at depth, various surface showings upon the Pictou and Cascade Falls No. 8 claims. 5 Possibilities of persistence of commercial or* at greater depth below the 4th level than has been as yet explored by diamond drilling. The explorations and developments during the past year, directed toward the discovery and opening up of new ore in these five areas, have, upon the whole, been disappointing. Area No. 1 was further opened up during the past year by the extension northeastward of the 1st, 3d and 4th levels, but the tonnage of ore thus deyeloped did not materially exceed the tonnage previously estimated for that area as probable. A substantial increase in tonnage would have resulted if the strong ore body on the 2nd level in this area had continued undiminished up to the 1st level and higher. (Continued on Page 3.) Dr. H. A. Whillans, Physician and Surgeon. Office, corner 6th and Victoria Sts. Hours, 12 o'clock, noon, to 3 p. m., and by appointment. [ DALBY B. MORKILL MINING SURVEYOR B. C. Land Surveyor STEWART, B. C. FIRE LIFE SICKNESS ACCIDENT F. E. GIGOT INSURANCE Stewart, B. C. F. C. GREEN (Green Bros., Burden & Co.) CIVIL ENGINEERS B. C. LAND SURVEYORS Stewart, B. C. PORTLAND CANAL L0D6E L. O. O. M. 1218 Meets 2nd Thursday at Hyder, 4th Thursday at Stewart TUGBOATS Rupert Marine Products, Ltd. Geo. G. Bushby, man. dir. Prince Rupert, B.C. HOTEL PRINCE RUPERT A Real GOOD Hotel H. B. ROCHESTER, Manager European Plan $1.60 per day up For \5\rious Banking Needs CONSTANTLY in touch with a wide variety of successful business enterprises, the Bank of Montreal has developed a financial service to meet promptly and adequately the needs of its large number and great variety of clients. These facilities, offered through its offices from the Atlantic to the Pacific, include protection of funds, interest on deposits, business counsel, loans, collections, foreign exchange, credit data, trade information, travellers' funds, money orders, and tee* f^^^W&^SW^ v'ce *n any otner branch Stewart Branch R. T. CROSBY, Mgr. BANK OF MONTREAL Established i8i7 Total Assets in excess of $ 750.000.000 SYNOPSIS OF LAND,ICT AMENDMENTS PRE-EMPTIONS Vacant. unreserved. surveyed Crown lands may be pre-empted b> British subjects over It years of age. and by aliens on declaring Intention to become British subjects, conditional upon residence, occupation, and Improvement for agriculture) purposes, K*uII information concerning regulations regarding pre-emptions It given ln Bulletin No. 1, Land Series, "How to Pre-empt Land," ooples of which can be obtained free of charge by addressing the Department ot Lands, Victoria, B.C., or to any Government Agent. Records wtll be granted covering only land suitable for agricultural purposes, and which Is not. timber- land, I.e., carrying over 6.009 board feet per acre west of the Coast Range and 8,000 feet per acre east of that Range. Applications for pre-emption-, are to be addressed to the Land Commissioner of the Land Recerdtrg Division, In which ths land applied for is situated, and are made on (.Tinted forms, copies of which can be obtained from the Land Commissioner Pre-emptions must be occupied foi five yeara and Improvements made to value of |10 per acre. Including clearing and cultivating at least flv�� acres, before a Crown Orant can be received. For more detailed Information see the Bulletin "How to Pie-euiol Land." PURCHASE Appllcatlona are received for purchase of vacant and unreserved Crown lands, not being tlmberland, for agricultural purposes; minimum price of flrst-olass (arable) land Is tl per acre, and second-class (graslng) land $2.60 per acre. Further Information regarding purchase or lease of Crown lands is given In Bulletin No. 10, Land Series, "Purchase and Lease of Crown lands." Mill, factory, or Industrial sites on timber land, not exceeding 40 aorea, may be purchased or leased, the conditions Including payment of stuinpage. HOMESITE LEASES Unsurveyed areas, not exceeding If acres, may be leased as homesltes, conditional upon a dwelling being erected in the first year, title being obtainable after residence and Improvement conditions aie fulfilled "and land has been surveyed. LEASES For graalng and Industrial purposes areas not exceeding- tit aerea may be leased by one person er e company. GRAZING Under the Grazing Aot the Pror- Inoe Is divided into graslng districts and the range administered under a Graslng Commissioner. Annual graalng permits are Issued based on numbers ranged, priority being given te established owners. Stock-owners ��*/ form asapelaUons fer range management free, er partially free. permits are available far settlers, ued travellers, up to tea HARDWARE Oils, Paints and Varnishes WALL PAPEfT MINING SUPPLIES ALL KINDS OF BUILDING MATERIALS Restmore Springs & Mattresses, Steamer Trunks, Hat ess 0. W. McLEMAN Fifth Street STEWART. Stewart Bakery BREAD ICE CREAM VEGETABLES CAKES CANDY FRUIT CAMPBELL & DUKE BANK OF HYDER HYDER, ALASKA (Incorporated Under the Laws of Alaska) 4 PER CENT Paid on Savings Bai)k Accounts Canadian Funds Accepted on Deposit. Money Telegraphed to all Parts of United States J. A. Hall, Pre*. E. E. Hall, Vlce-Pres. E D. Haddon,Cashier. A Welcome Awaits You At The DOMINION HOTEL Victoria, B. C. STEWART HEADQUARTERS. 200 ROOMS 100 BATHS Everything a GOOD HOTEL should I..- Rates $150 and up. ��� Free Bus. Stephen Jones, Proprietor. STEWART LAND COMPANY. LIMITED Founders and Original Owners of STEWART TOWNSITE . . Head Office 101 Pemberton Block, ��� VICTORIA, B. C. Real Estate Insurance Mines Financial Agents ROBERT M. STEWART, - - President Lots for sale in all parts of town Listings of properties for sale wanted STEWART LAND CO,, LTD. Fifth St, Stewart. BC BRITISH COLUMBIA The Mineral Province of Western Canada Has produced Minerals valued as follows: Placer Gold, $77,382,953; Lode Gold, $118,473,190; Silver. $68,824,579; Lead. $70,548,578; Copper, $187,489,378; Zinc, $32,171,497; Coal and Coke. $260.- 880,048; Building Stone, Brick. Cement. $42,226,814; Miscellaneous minerals, $1,431,349; making its mineral Production to the end ol 1924 show AN AGGREGATE VALUE OF -5859,427,386 The substantial progress of the Mining Industry of this Provinei kingly exhibited In the following figures, which* Aow'the, value of producti >n fw ��j^ ''f���r five yean ,, live years . |(,22, ?"r',- irties. 19- cessive five-year periods: For all ytars to 1895 Inclusiv years 1896-1900. $57,606,967; for five years 1901-1905, 196,507,968; 1906-1910, $125,534,474; for five years 1911-1915, $142,072,603; I 1916-1920, $189,922,726; for the yea. 1961, $28,067,641; for the yi'�� 168,843; for the year 1923, $41,304,326 and for 1924, $48,704,604, PRODUCTION DURING LAST TEN 1'EARS, $372,604,641 LofJg mining has only been in.progress for aMu1-'1 "'.'f'mii.* only about one-half oMSe Province "Ha* been prospected; 200,01 of unexplored mineral-bearing land are open for prospecting. ^fi( The mining lawa of this Province are more liberal n ���* ^ lower than of any other province in the Dominion, or any Colon- i Empire. Mineral locations are granted the discoverers tor nomn Absolute Titles are obtained by developing such pn curity of which is guaranteed by Crown Grants. Full information, togathar with Mining Reports and be obtained gratis by addressing THE HON. THE MWIeJTEH OF MINES, Victoria. British N. B.-Practically all British Columbia Mineral Properties >u ��� R* B 0, velopment has heen done are described in some one of the anni i ^m .��� the Minister of Mines. Those considering mining investments Depsrt* such reports. They are available without charge on application J' ^^i, ment of Mines, Victoria, B. C. Reports of the Geological Surve* i f .^ Pacific Building, Vancouver, are recommended as valuable *-<��" m ation. Mill's, may I'oln rnbla- vhich 'I-1- PORTLAND CANAL NEWS, STEWART, B. C, FRIDAY, APRIL 2, 1926 STEWART NEWS CO. Agent for Spalding's Sporting Goods and Imperial Tobacco Company ALL THE LATEST PAPERS AND MAGAZINES Ice Cream and Candy Notions CIGARS - CIGARETTS TOBACCOS PREMIER REPORT EAT at the STEWART CAFE POPULAR prices All Meals Served Under Our Own Supervision. H. P. KERR : Proprietors : L. CRAINE Crawford Transfer Co. I FREIGHT CONTRACTORS I AGENTS FOR COAL- CAPS :POWDER FUSE DOMINION TIRES AGENTS FOR UNION STEAMSHIP COMPANY STAGES FOR PREMIER Leave Stewart 9:30 a. m. Hyder 10 a. m. Premier 4 p. m Stewart B. C. Hyder Alaska 1 STEWART BOARD OF TRADE STEWART, B. C. General information of the PORTLAND CANAL DISTRICT supplied on application to the Secretary, Stewart, B. C. Board meets 1st and 3d Tuesdays of each month, Board Rooms ANDERSON CAFE & delicatessen Private Dining Room For Parties Best Cook this far North MEAL TICKETS $5.50 for $5.00 f- In the Center of Everything: HOTEL ST. REGIS Vancouver Corner Seymour and Dunsmuir Streets. STEAMSHIPS Leave STEWART 10 A. M. THURSDAY SUNDAY ANYOX���PRINCE RUPERT VANCOUVER TRAINS LEAVE PRINCE RUPERT 8 P. M. MONDAY WEDNESDAY SATURDAY ALL POINTS EAST S. S. PRINCE JOHN Ex. Prince Rupert fortnightly for Queen Charlotte Islands. Agents For All Ocean Steamship Lines Full Information and Reservations from P. S. Jack or R. F. McNaughton Stewart, B. C. District Passenger Agent Prince Rupert B. C. (Continued from Page 2.) Considerable diamond drilling was done during the past year in areas 2 and 3, with no ore found, and it seems highly probable therefore that the main N. E.-S. W. zone does not carry ore for any considerable distance southwest of its intersection with the vein ot northwestern strike; also that little or no ore can be ex-i pected in the vein of northwest strike, beyond the area covered by the present mine workings. The exploration and development in area No. 4, namely, beneath the surface showings on the Pictou and Cascade Falls No. 8 claims, showed that these deposits carried no commercial ore at depth, this being also stated in the annual report for 1924. The exploration and develop- i ment of the past year in the important area No. 5 has not as yet been sufficient to permit of any estimates of ore below the 4th level. Work was done on both the 5th and 6th levels. On the 6th level, which is 550 feet below the 4th, the main ore zone was picked up and followed northeast for some 200 feet but it was narrow and carried practically no values. Further development on the 6th level will be deferred until development on the 5th level has shown the extent, course and value of the main N.E.-S. W. ore zone on that level. Development during the past year on the 5th level has found and followed the main ore zone for 100 feet or more with fair width and considerable mineralization, but the gold-silver values have been very low, so that no commercial ore has as yet been opened up. This work, however, is still confined to the southwest end of the main ~_\ | ore zone, and has some 1400 feet of ore zone to explore going northeasterly beneath the ore opened up for that distance on the levels above. It is likely therefore that a considerable tonnage of profitable, though of qnite moderate value, will, during 1926, be opened up by further work on this 5th level. New Ore Body A new ore body of probably only moderate importance as to tonnage and value was found toward the end of the year by some flat diamond drill holes, running S.E. from the main ore body upon No. 1 level. This new ore body runs approximately parallel with the main ore zone and about 200 feet therefrom. It has been drifted upon for 200 feet or more with an average gold-silver value of about $14.00 for a 6-ft. width. Drifting is being continued and the persistence of this ore at depth will be investigated by drill holes from the 2nd and 3d levels. No tannage from this new ore body has been included in the ore estimates as of Dec. 31st. 1925, as it is not yet sufficiently developed Earnings Over $2,000,000 The total earnings for 1925 before deducting Administration | expense, taxes, depreciation and J ore depletion, were $2,013,481.60 or $708,124.31 less than in the year 1924. This decrease is due to the gradual exhaustion of the high grade ore so characteristic of the earlier production years of the property, and the consequent lower grade of the ores mined. It was in view of this situation that the doubling of the milling capacity for low grade ores was undertaken last year, the benefits of which will begin to appear upon the completion in March ofthe new mill unit. Pay Heavy Taxes As deduction from total earnings, taxes for 1925 are $405,848. 48 compared with $183,932.35 in 1924, even though the earnings in 1925 were less. This is due to a new ruling made last year by the Finance Minister of British Columbia with respect to permissible deductions from earnings, for ore depletion, in arriving at taxable earnings in conformity with which ruling, your Company was required to pay to the Provincial Government of British Columbia $218,990.99 as additional taxes for preceding years. At the same time the Finance Minister reduced the Provincial tax from 10 per cent to 8 per cent upon net earnings. Even with this reduction to 8 per cent, however, the fact remains that metal mining operations in British Columbia, taking also into consideration the Dominion of Canada tax, have a heavier burden of taxation than in any other Province of Canada, or in any part of the United States, and it is to be hoped therefore that a further reduction in the Provincial tax rate will shortly be made. Estimated Ore Reserves The estimated ore reserves as at Dec. 31st, 1925, are as follows Ore broken in stopes 243,511 tons averaging 0.64 ounces gold and 14.7 ounces silver. With gold at $20 per ounce and silver at 60c per ounce, this represents a gross value of $21.62 per ton. Assured and probable unbroken ore down to the 4th level of the present mine workings 316.- 484 tons averaging 0.52 ounces gold and 13.6 ounces silver. With gold at $20 per ounce and silver at 60s per ounce, this represents a gross value of $18.56 per ton. Also as stated in last year's report, there has been indicated by diamond drilling below the 4th level 146,000 tons averaging 0.39 ounces gold and 3.2 ounces silver. As mentioned elsewhere in this report, more information cancerning the ore possibilities below the 4th level will be gained by the contemplated development during this year en the 5th level, which is 270 feet below the 4th. MIT Ml faster Comes Early this Year! * UMl. What About That New Suit? The sample cloths for Spring and Summer tailor-made suits are here. The range includes some of the richest cloths the woolen mills have ever turned out. May we have the pleasure of showing them to you in the near future? SOLE AGENT 20th Century and Berger Tailoring Co. Made to Measure Clothing. beaman ii 7rrrrDTT stewart, block n. 4.ur r Ln I I b. c. BUY the BEST in MEATS We Sell Government Inspected Products USE SHAMROCK BRAND HAMS BACON LARD BUTTER EGGS POULTRY P. BURNS & CO. Ltd. HYDER RADIO SERVICE Open 9 a.m. to 9 p.m. (including Sunday.) Messages delivered in Stewart, B, C. BUY BONDS by MAIL TROY BONDS bear 7 per cent interest, payable January 1 and July 1 each year. They can be converted into capital stock at par value of $1 per share As Troy shares are expected to become worth considerably more than PAR, this feature of Convertibility will have a very added value. Bonds issued in denominations of $50, $100 and $500���7 per cent interest allowed on each weekly or monthly payment. Send $1 TODAY and $1 weekly for 47 further weeks, which pays in full for one $50 bond. Larger bonds in proportion Keep Your Money Working in British Columbia And Help Build Up Your Own Province ADDRESS Dominion Bank Bldg. TROY MINES Vancouver, B.C. Stewart Dairy J. Campbell, Prop. Fresh Milk Table Cream Butter Buttermilk Whipping Cream Beaman Block Columbia St. Entrance ELECTRICAL SUPPLIES We carry a full line of Electrical Supplies, including Lamps, all sizes; also Flashlight and Automobile lamps, DRY BATTERIES���Flashlight and Storage. Spar* Plugs, Electric Toasters, Irons, Table Stores Etc. WE SPECIALIZE in Electric wiring, repairing, recharging and repairing Storage Batteries, Electric Irons etc. WE STOCK FVinP ST0RAGE BATTERY THE FAMOUS LAII/L FORD SIZE $20.00 ERNEST LOVE, Electrical Contractor. international electric CO. store Corner Columbia and Fourth Streets ��� Stewart, B. C. UNION STEAMSHIPS The popular T. S. S. CARDENA sails from Stewart Every monday at midnight for Prince Rupert and Vancouver via way points. Northbound;��� T. S, S. Cardena leaves Vancouver every Friday, 9 p. m. Prince Rupert Sunday, 8 p. m. For Alice Arm, Anyox and Stewart. For further information, Reservations Etc. Apply W. J. CRAWFORD (Crawford Tranfer Co.) Agents. Office 5th St., Stewart. Prince Rupert Agent 2nd Ave. Phone 568 HEAD OFFICES, Union Dock, ft. Carrall St. Phone Sey. 306. In buying insurance You buy protection Therefore the best is nene too good SEE ��� ROLSTON And get the best. PORTLAND CANAL NEWS, STEWART, B. C, FRIDAY, APRIL 2, 1926 SPRING CLEANING Once again the time has arrived when we will all have to do our Spring Cleaning. FIRE EXTINGUISHERS It may be that you will need a new Broom, Mop, Scrub Brush, Pail, Carpet Cleaner, or one of the many other articles used in Spring Gleaning. We have a nice new assortment of Linoleum Rugs, and Linoleum by the yard, also Floor Oil Cloth, Hearth Rugs, and Rag Rugs. Come in and see them. PAINT, VARNISH, BOILED OIL, TURPS, ALABASTINE and BRUSHES _____wtm____^__m__1_m_wmmHmtm���amimm������^mm UNIVERSAL SUPPLY CO. 5th Street, STEWART, B. C, G.W.Smith, Mgr. Fire extinguishers can be found at the following places: Big chemical, 25 gallons- Wilson's Store. Five-gallon extinguishers- Gibson's Newell's Marmot Hottl Hotel Stewart Carolan's Grocery Hotel King Edward Portland Canal News LYON & SCOTT MEAT MARKET VANCOUVER CREAMERY BUTTER OUR FRESH RANCH EGGS AND CHICKENS SWIFT'S HAMS AND BACON HOME-MADE PORK SAUSAGE All the Best We Can Procure -> TEe MARMOT HOTEL First Class in Every Respect MODERN AND MODERATE Solicits the Patronage of Any and All Once Our Guest, Always Our Guest. BEST LOCATION IN THE CITY LOST -Gold filligree fountain pen. Reward. News Office. ALL THE COMFORTS OF A HOME ARE TO BE HAD AT THE Hotel Stewart James McAleenan, Proprietor. MINING STOCKS We recommend at present market prices the purchase of the following stocks: For Investment STSS&a MARMOT METALS GLACIER CREEK For Speculation BONDS INTERNATIONAL ELECTRIC CO. 10-Year-10 per cent Bonda. H. W. M. ROLSTON & CO. BEATING THE MINIMUM The quality of Pacific Milk is assured by several things, chief of which is the friendly contest among the producers for leadership each week. All milk is tested before acceptance. It must reach a certain minimum, though the minimum could be raised quite easily, as no farmer will allow his product to "just get in." THEY'RE PROUD OF PACIFIC MILK Head Office, Vancouver. Factories at Abbotsford & Ladner B.C. TIRES ��� ACCESSORIES C. M. ADAM P. O. Box 61, STEWART, B.C. CRESCENT FURNISHED ROOMS HYDER, B.C. Rates $1 - H. H. HICKS. Prop. A Place To Spend Your Spare Time WELCOME POOL HALL Good Tables ��� Cigars Cigarettes and Tobaccos Norman Fleming & Bert Heath Cor. 5th & Columbia, Stewart GET OUR BID on Moving That Freight E. ARMSTRONG GENERAL FREIGHTER TEAMS RACK HORSES mineral act. Certificate ot Improvements. NOTICE. Murdoch Group No. 1, Murdoch Group No. 2, Murdoch Group No. 3, Murdoch No. 8, Murdoch No. 9, Murdoch No. 10, Murdoch Fractional Mineral Claims, situate in the Portland Canal Mining Division of Cassiar District. . Where located:���North of Beaver creek, about three and one-half miles east of Glacier at head of Bear River. Take Notice that Dalby B. Morkill, of Stewart, British Columbia, acting as agent for D.D.Murdoch, J. A. Murdoch, A. W. Vassar, J. M. Mercer, George McHugo and James E. Douville, Free Miner's Certificates Nos. 92196C, 92646C, 92641C, 92198C, 91214C and 84365C, respectively, intend, sixty days from the date hereof, to apply to the Mining Recorder for a Certificate of Improvements for the purpose of obtaining a Crown grant of the above claims. And further take notice that action, under section 85, must be commenced before the issuance of such Certificate of Improvements. Dated this 13th day of March, A. D. 1926. 45 FOR A GOOD SMOKE See Pete at the Exchange Cigar Store Cigars, Cigaretts, Tobaccos and Snuff ��� BEST BRANDS Local Stocks (By H.W.M.Rolston & Co) Indian was the main feature of the week's trading, and on heavy demand increased rapidly in price, and at present market is considered to have every chance of reaching a much higher level. The cause of the heavy trading in Indian is the rumor that a large operating company is negotiating for control of the property. Both Dunwell and B. C. Silver are in good demand, and with the progress being made on both these properties, higher prices are shortly expected. With the early spring this year it is expected that a lot of the smaller companies will be starting summer operation a month sooner than last year, and in consequence some stocks that are very inactive on the market at present, will shortly be bro't before the public eye. Premier dropped off considerably, but this usually occurs after the quarterly dividend, and it is expected Premier will shortly react to its old level. The market closed as follows: Bid Asked B. G. Silver $ 2.05 $ 2.25 Dunwell 2.05 2.30 Glacier Creek .12 .13 Independence .08 .09J Indian .13 .15* National Silver .12 .15 Lakeview new issue .05 .��� Premier 2.20 2 30 Terminus .��� .25 Silver Crest .134 .16 L&L Glacier Creek .13 .16 Victoria Mines .��� .31 Marmot Metals .084 .12 Porter Idaho. Co. .��� .09J Rufus .��� .18 Ore Mountain .��� .25 Bay View .- .10 FORSALE-A small restaurant range, Cordova No. 10. suitable for mining camp. One year old. Apply Portland Canal News. P.O.Box 138, STEWART. B.G. THE COMPANIES ACT Portland Canal Goldfields Syndicate Limited Notice is hereby given that the Company intends to apply to the Registrar of Companies, for the change of its name from the ''Portland Canal Gold- fields Syndicate Limited" to "Extenuate Gold Mines Limited." Dated at Vancouver, British Columbia, thia 23d day of March, 1926. PORTLAND CANAL GOLDFIELDS SYNDICATE LIMITED E. Heme, Treasurer. MINERAL ACT Certificate of Improvements NOTICE High Grade, High Grade No. 1, High Grade No. 2 Mineral Claims, situate in the Portland Canal Mining Division of Cassiar District. Where located:���Adjoining the west side of-Yellowstone Group of claims, Upper Salmon Valley. Take Notice that Dalby B. Morkill, of Stewart, B. C, acting as agent for Edward Henry Fernald, Free Miner's Certificate No. 84425; Jessie Kilpatrick Jamieson, Free Miner's Certificate No. 84439; Angus L. McDonald, Free Miner's Certificate No. 92247C and William McGrew, Free Miner's Certificate No. 84387 intends, sixty days from the date hereof, to apply to the Mining Recorder for a Certificate of Improvements for the purpose of obtaining a crown grant of the above claims. And further take notiee that action, under section 85, must be commenced before the issuance of such Certificate of Improvements. Dated this 15th day of February. A. D. 1926. 41 MINERAL ACT. Certificate of Improvements. NOTICE. Lens, Mons, Vimy No. 1, Bar Silver, Silver Bars, Ida O and Banana Fractional Mineral Claims, situate in the Portland Canal Mining Division of Cassiar District. Where located:���West side of Sa'- mon Glacier on the point opposite Forty Nine mine. Take notice that Dalby li. Morkill, of Stewart, B. C, acting as agent for Outland Silver Bar Mines, Limited, (Non Personal Liability,] Free Miner's Certificate No. 84449C, intends, sixty days from the date hereof, to apply to the Mining Recorder for Certificates of Improvements for the purpose of obtaining Crown Grants of the above claims. And further take notice that action, under section 85, must be commenced before the issuance of such Certificates of Improvements. Dated this 15th day of February A. D. 1926. 89 ' ST. MARK'S CHURCH Easter Sunday, April 4th Holy Communion, 8 a. m. Holy Communion (Choral) 11:30 a. m. Evensong. 7:30 p. m. SPECIAL MUSIC The Vestry announce that, following customary procedure, all Easter Sunday offerings will be given to the Rector, /jOTzfauf ST. CHARLES EVAPORATED MILK Tjhe milk tha* ib always ready for your coobi need* StC 23-26 Use it -wherever the recipe calls for milk PUBLIC STENOGRAPHER News Office MINERAL ACT Certificate of Improvements NOTICE. Tiger Mineral Claim, situate in the Portland Canal Mining Division of Cassiar District. Where located:���Upper Salmon Valley adjoining north end of Silver Tip group of mineral claims. Take Notice that Dalby B. Morkill, of Stewart, British Columbia, acting as agent for Wellington Beaton, Free Miner's Certificate No. 84434C and Harold Morrison, Free Miner's Certificate No. 84435C intends, sixty days from the date hereof, to apply to the Mining Recorder for a Certficate of Improvements, for the purpose of obtaining a Crown grant of the above claim. And further take notice that action, under section 85, must be commenced before the issuance of such Certificate of Improvements. Dated this 20th day of February A.D. 1926. 43 MINERAL ACT. Certificate of Improvements. NOTICE Silverado No. 3, Silverado No. 4, Silverado No. 4 Fractional, Silverado 1 Fractional, Silver Bow No. 1, Silver! Bow No. 2. Silver Bow No. 4 Frac-1 tional, Silver Bow No. 3 Fractional, | Rainier Fractional, Glacier Fractional, Ariel, Renown, Fortune, Climax, Tram Fractional. Iron Hill, Glenearn, Canyon, and Contact Fractional Mineral Claims, situate in the Portland Canal Mining Division of Cassiar District. Where located:���East side of Head of Portland Canal. T/��ke Notice that Dalby B. Morkill, acting as agent for Silverado Mines, Limited, (Non Personal Liability) Free Miner's Certificate No. 93404C intends, sixty days from the date hereof, to apply to the Mining Recorder for a Certificate of Improvements, for the purpose of obtaining a Crown Grant of the above claims. And further take notiee that action, under section 85, must be commenced before the issuance of such Certificate of Improvements. Dated this 1st day of February, A. D. 1926. 37 GROCERY SPECIALS MONDAY ONLY Brookfield Butter Per lb. 50c. Quaker or Heinz Pork & Beans Medium Cans 15c, Nice Juicy Oranges Per Doz. 40c. BEST LEMONS Per Doz. 40c. FulfLine GROCERIES AND PROVISIONS J. W. WILSON 5th & Columbia Sts. Stewart. B. C, Newell Rooms Comfortable Rooms. $1.00 2 Chair BARBEK SHOP Wm. Newell BATHS 50c. Clean, Modern, Convenient. The Water Is Always Hot! And we don't mean "Maybe." W. J. WAKEFIELD Light and Heavy Transfer Wood for Sale We Buy Bottles Prevent CAimney Fires WELSH ANTHRACITE COAL Makes NO SOOT and Drives out all soot left by ' Soft Coal. 160 Pounds of Coal makes only 1 Pounjl of Asli SHOEMAKER A. Hendrickson 4th and Columbia Boots and Shoes Repaired Or Made to Order Shoes Left With the late A. Anderson WILL BE SOLD Unless Called For $23 per ton Delivered FRANK BOWLER Agent 5th Street, Stewart COASTWISE STEAMSHIP & BARGE CO. LTD. Weekly Sailings From Stewart Direct To Smelters. General Freight and Powder. i For Information Apply: 805 Birks Bldg., Vancouver, B. C. yard ->��� , in ���'!'''' c, �����'" ui�� 1" SVATEH NO'J K I DIVERSION A.M." I 71.. Take Notice that the AI bin v Min Company Limited, N.I'.L., I Brown, agent, whose addn Rogers Blag., Vancouver, I apply for a licence to taki ai cubic feet per second of water ou ' the South Fork of Glacier t reek; ��wt�� flows northerly and drains into biac" Creek about five miles from Us mown. The water will be diverti d frcm tn stream at a point about LOW feet ��w of "Sentinel" mineral claim, I." ��� ''. Cassiar, and will be i^ d for ^ purposes upon the mineral chub known as the Albany Group. ��' ny," "Albany No. 2" and "Luck) W> Fraction" mineral clan is.) This Notice was posted on thegro on the 26th day of February. \,im. A copy of this Notice and an api^ cation pur-uant ���hereto ami " ''Water Act, 1914'* will be filed'" Office of the Water Recordei al Rupert, B.C. [,e Objections to the application '������ (il. filed with the said Water'Reco���� with the Comptroller of Hal.' ,, (. Parliament Buildings Victoria within thirty days after tin pearance of this Notice in Newspaper , in,,t. The Albany Mining ( ompan- ed, N.P.L. Applicant. By Edward G. Brown, agen.. rf The date of the first P��b ������<��� ]H1.fh, this Notice is the 19th da- oi 1926. tirst ap* a local
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Portland Canal News 1926-04-02
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Item Metadata
Title | Portland Canal News |
Publisher | Stewart, B.C. : H. W. M. Rolston |
Date Issued | 1926-04-02 |
Geographic Location |
Stewart (B.C.) |
Genre |
Newspapers |
Type |
Text |
FileFormat | application/pdf |
Language | English |
Notes | Titled The Cassiar News from 1919-05-30 to 1919-08-01; titled Portland Canal News from 1919-08-08 to 1926-12-31. Published by H. W. M. Rolston on 1919-05-30 and from 1920-12-25 to 1926-12-31; published by James Cullins from 1919-06-06 to 1920-12-18. |
Identifier | Portland_Canal_News_1926_04_02 |
Series |
BC Historical Newspapers |
Source | Original Format: Royal British Columbia Museum. British Columbia Archives. |
Date Available | 2016-08-03 |
Provider | Vancouver : University of British Columbia Library |
Rights | Images provided for research and reference use only. Permission to publish, copy, or otherwise use these images must be obtained from the Digitization Centre: http://digitize.library.ubc.ca/ |
AIPUUID | 49eee3ef-eef7-4a49-b2dd-706186746dc6 |
DOI | 10.14288/1.0315247 |
Latitude | 55.938333 |
Longitude | -129.991111 |
AggregatedSourceRepository | CONTENTdm |
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