Castleton WI Scrapbook, 1900-57, [1900] - [1957], p. 3

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Wheat ', "laes" _ ', c. :Eafisefleavily CHICAGO --The swift collapse of an expected "squeeze" in Marivheat 6ti' the "uuanuum w...“"?° _ Issft, ~the "longs" holding the bag of 19$SES. ’“ Veteran traders woo watchiurthe “Battle of May Wheat" since its in: caption several months ago said it was the first time in the exehange's history that holders of wheat had been forced to aécept delivery of cash grain whether they wanted it or not. A number of small traders on May Delivéry Price Drops at Chicago as Futures , Deals End T VEIN Rlii0NtlFrliii)l? AT trlljli)4irtrll,)lipirliii)ll/,fi8i _ *~SPLITLAKEGOLD _ _'. "_" _' ", _ __-___ Sl'1l,i,ll'rt,iAlltlliir)GOll,Jtb" AhllNlErllidihhlrrllii)D HUGH C MCRAE, President "Toronto, Ont. ' To SPLIT LAKE GOLD MINES LIMITED, 1104 Bank of Hamilton Bldg,. Toronto, Canada. Kindly forward prospectus, managing engineer'o report, map and full information'on Sph‘t Lake Gold Mines Limited. C l Name Address A message received from the Split Lake, Gold Mines prop- erty states that the crpsscut at the fjrst1evel 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. Stringer? of quartz could be seen in the shaft and in the sta- tion. The crosscut continued through this conditionfor 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 matter. This means 6 feet additional to the 15 foot width referred to. The vein matterthroughout the 21 foot width consists of mineral- ized quartz' and heavily mineralized alterations. . A telegram received from H. L.' Donaldson, May 16th states: "Crosscut 19 feet south at first level just broke into north/side vein Number s. Very heavily mineralized and plastered with free gold. Gold coarse in :ulphides. Will have another round out Sum day and will wire You details regarding width of orebodrahro assays." . “nu-“unnuuu...” ------ ... - THIS OFFERING AT 40 CENTS PER SHARE WILL POSITIVELY BE CLOSED' TO THE PUBLIC ON OR BEFORE THE 6th DAY OF JUNE, 1936. MEANTIME THE RIGHT IS RESERVED TO DIS- CONTINUE THIS OFFERING AT ANY TIME, WITHOUT NOTICE. _ . _- HEAD 0FFICE:¢1104..BANK 50F: HAMILTON BLDG., TORONTO, CANADA Of the above 2,124,857 shares 200,000 shares are being sold at 40c her share. A portion oCthese said 200,000 shares have already beensoid. _ T _ T n _ V e-ire 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 inany Case a smaller number of shares than applied for. No commissions are paid or payable to officers or directorsof the company on any goes of stock. HARRY L. DC)NALDSON,"Managiag Engineer y _ Toronto, -Ont. _ if'tefen‘rFoot Width: Y i‘eldsé High Results The climax in the May wheat struggle occurred just before the fu- tures market closed. The price drop- pea, " centsdrom an early high of 96%.. Dealings in-the May contract, under way 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. were'said to have been losing "longs" and there were indications that, some of the "short" interest "representte4 foreign accounts; “ The rout of the' "longs," who bought. May wheat any time since August th-Ass-horse 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 the con- traet'warclosed out recently with- in 1% cents of the lowest level of the season and 17 cents below its high: The close was 90%, which represent- Capitalization (No Par Value)) . .. . , . . J. . . . . . . . . . . . . . . . c. . . . . . . . . . . 4,000,000_shares lncorporators’ shares issued ....... ..."...*. ... ..... ................ 5 shares For acciuisition of properties sr...........'..........,............... 1,340,000 shares Originally issued to the parent company Smelter Gold Mines Limited 2,699- 995 shares (including 40,000 shares contained in above item "for acquisi- _ _ tion of properties") leaving a balance of 2,659,995 shares.- Sold _ from t _ these for purposes of Split Lake Gold Mines Limted . . . . . . . . . . . . . . . . . m' 535,138 shares The proceeds from the sale of these 535,138 shares have been received by Split C , , Lake Gold Mines Limited. _ Unsold balance o.......................'. q......"................. 2,124,857 shares Such portion of the said unsold balance of 2,124,857 shares as deemed necessary and advig- able joy the directors of the parent company are available for future financing of Split Lake Gold Mines Limited. C . . ,.'Over $100,000 has already beep provided for the present enterprise. V _ C _ CAPITALIZATION AND' FINANCE Capitalization - 4,000,000 Shares (No Par Value) OFFICERS AND DIRECTORS , _ PRESENT OFFERING NOTICE OF CLOSING Another telegram from H. L. Donaldson dated Mart8th states: "From 19 to, 34 Get in south _ crosscut' large percentage mineral. ized quartz in veinlets‘ running 'everyedi- rection making sampling slow. Will have to sample horizontally and vertically. ' Anny: result in combination of gold and what we feel sure in platinum plated-in parting imp, after annealing, probably well over an ounce pen ton. Impossible for us to part the two metals with assay supplies here. Sending saniple to Ottawa fer analysis to determine srro)tortio" gold and platinum. Also sending wing cup showing Our tesulte after Jan- ‘jggmauay. Foregoing in from eyusy 1.4-“ CrctrT,"ti,tcf'c1rrrit'-i,-"u-cice " 2:1: ‘assqus give similar faults." GLEN A. REA, Secretary-Treasurer A Toronto, Ont. ed the maximum 5 cents per bushel drop permitted in any one day by ex- change rules. C Telephone; ELgin 6696 This vein his been proven to extend over a length of over Soo feet'thrOugh diamond drilling with widths ranging up to more than" 20 feet. L, Both diimomrdrilling ind the pres, ent uridergrdund work have shown the vein to have widened greatly asetrr,tpared to surface. T I. _ Y , 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. e" ", / _ - Although no free gold was seen in this vein on surface or through the diamond drilling]; heavy coarse gold "was en- countered in the crosscut. -,, hewisible gold is mixed with the sulphides. Further information will be available from this level accordingly as the work proceeds. Address Name Witness Head 0ffiee: 1104 Bank of Hamilton Bldg, Toronto, _ . s' Gentlemen: , _ V C . I hereby make application for -mr--tw.wtw-m-e-.e__..._. shares of the Capital Stockof SPLIT LAKE GOLD MINES LIMITED, (4,000,0t)0 shares), at 40 cents per share. _ a - Enclose please find the sum fd r--:"""-""'"":"""""'"""'" Dpllars irate) this _t...A_.m.t_._..-mi-t. day ottvt-:.::tril:r---------, 193......" Kindly issue and mail these shares Gri/ _ C ., To SELF: IWrE GOLD MINES LIMITED! ' {Students who figure it's about? 't g get down to serious study tor tie gallaiaminations should be told that t hours between sunrise and break. gt give the best results..-- Kitchen- ( Record. . . All Money: to'be paid lo thggCompany. Best Tind, For iii, DANIEL l: JARVIS, _ Director Thornloe, Ont. May 19th,:tatuvin part: 'Have cut another 2% feet, of highly mineralized quartz with balance of 7 feet banded structure quartz and alteration. Still in this céndition. Going ahead with crosscut. This look} awfully good. Fur., ther study "saring tmuble tugged: largo quantities-telluridea. Giulia; necessary sup- plies to flux telluride ‘re and make tent." Atiotherlteuet'astt from Mr. Donaldson; dated 'ss,, T, '. 6’2 W. S. KICKLEY, Director Winnipeg/ Man. _ i, A young man was In court at Mark- ham and the trouble was he had been drwing a car with one hand. Beside him was a young lady and his tree arm was twined about her. The chief THE WORLD AT LARGE Sound Advice 'it"t'trtttgraiatts Canada of thd T,'..".'.".,',',': ' Mosquitoes are on the warpath,_and spoiling the walks abroad, our goll and other outdoor pursuits. - Winnr e Tribune. . sd g _ '2 constable' t the place saw him 311411 the11_the' Pryrutlyr deuce to par. He, hau .3 Des, siiruglit to court, mado td hart with $310 anrevery person would} know abou) it. w l And right there we are moved to I feeling oradmirationdpr the magis- trate ot Markham. He ttag-a knoww ledge of human nature: he seems to know what Spring does to young men and maidens. He has one eye on the law to see that it Is not broken be- yond repair, but he also has a bit at consideration tor young people who arebent bn a bit of courtingl--- Peter- boird'Wxtiminer. C f C _ But the magistrate, W. ForeJ1retsetl did not stop there.' He' told the AGil man something. This war. "The _'2s"h'1 time you bet1 er pull up at the side Mi the road and use botVarms in tbs old-fashioned 'way." ' . C _ ' . Still Hope For Peace V To look for' the restoration of mm oplan independence nowor for new) terms dictated by V the League may appear fantastic and would perhapl involve the end ot Mussolini's regime. Yet the expectation' of lasting Dam in Europe appears to, rest largely on that perhaps extravagant trope. It the, mir provis to be an economic discs. ter for the winner-and it will u prove it Mussolini cannot get help tstl paying tor, it r- the peace advent“? in Europe will have new and stronger ground tor their attack on there's:- ish war preparations now proceeding and on the nationalistic tariffs which have nearly destroyed European tradeJ “Winnipeg Free Press. It has been one ot the distinct“; characteristics of the English lamp/ uage that it has accepted Gptiritsiibl tions of value regardless ot the orig-l in. American contributions are not: more numerous nor basically different. trom those already, taken from Greek,‘ Latin, French, German, Seamiinaviari/ Arabic and the Oriental languages} The United'States may enrich am: modify the, language, but it will trro-' bably remain the English language) wherever-or by whomsoever it may" be spoken. - London Advertiser. I V Better Teeth _ ontirifDentat Association is told that during 25 years’there has been among children in Toronto school: a reduction of from 97 to 67 percent in defective teeth. This is _enCourag" ing and it indicates what may be done by persistent campaigning tor great. er attention to the teeth ot growing boys and girls. It may be noted mag young" people nowadayg have far "sit, ter teeth than those, of a generation ago. This is real progress. - Toronto Globe. i, _ 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 hat to know everything; he must be a For. ticulturlst, a cerealist, a stock breed. er. Itunninta farm ‘is no job for an amateur". _ Miss; Macphail might also have add- ed that. the farmer must be an optim- lat; and a bit ot a, gambler. He is no. 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 ot the dittfeulty, it possible.- w The Kitchener Record V tiarminrAs A Job a f Qantrary to the opinion-ot some people, firming isn't an occupation tit! which my Tom, Dick and Harry ears) e__"tstogt_ttT3 19.1 Lenin these days when so much 7stress is placed on the qual- ity of taltm products, and the prices are sue [that- the farmer's marginal! profit its quite small, the successful agrieu1tqiist, must apply not only the brawn ttpt the brain as well to his work. 3 The Comic Strips In the mainrthe Leader-Post in“ dines to the, view-, that most comic strips are entertaining without doing . violence to anyone or anything in particular. The grammar is often a little loose - deliberately so - for often the persons are not grammatk cal persons. They might not be very entertaining it they were. . T And the worst of it is that a news paper can get enough bad spelling without having to buy it from a syn dicate. _ Sometimes we think the spelling might be improved; it sometimes ace: look worse than necessary. P§RES t Note From The Wes English Will Lazy _ CANADA THE EMPIRE

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