PAGE 4 CASTLE NEWS, Castleg , British Co THURSDAY, APRIL 17, 1952 $50,000,000: PROFIT; $17,000,000 FOR PROJECTS | ANNUAL REPORT SHOWS BIGGEST YEAR IN COMINCO’S HISTORY Net profit of $50,785,381; divi- dends amounting to $36, of in Alberta on projects that aml eventually cost $63,000,000; sales of products amounting to $174,- 778,548; a record silver output; together with continued mine ex- \and highlighted the annual report of The Consolidated Mining and ouene COTEDRY of Canada gress has been made in prepara- tion for production at the rate of 500 tons per day.: At the H. B. mine, underground develop- ment continued and construction commenced on a 1000-ton mill. This property should come into operation about the end of this year, Last July, production at a rate of 250 tons per day began at the Big Bull and the Tulse- quah Chief zinc-lead mines in Northern British Columbia. ‘4 properties Monae: Tonnage of ore from Stillivan- ; mine at Kimberley was 2,533,212, compared with 2,680,962 the pre- vious year. Record Silver Output ° At the metallurgical plants at Tadanac, lead production was 162,712 tons; zinc output was 164,513 tons, and silver produc- tion ‘established a record for the second successive year at 14,417,- 391 ounces, compared to 12, 120,- 568 ounces in 1950. This was due to several British Columbia and Yukon custom shippers, it was explained. - rae Bek “from domestic and foreign soure- es, payments to custom shippers in 1951 were $37,985,172. Fertilizer production amounted to 557,776 tons, compared with 542,636 tons in 1950. Expenditures of nearly $18,- 000,000 on property, buildings and equipment included $1,800,- 000 on Bluébell purchase, de- velopment and plant expenditur- tures at Riondel; $639,455 on the new Kimberley phosphate plant; $1,600,000 on additions to War- field and Alberta chemical plants; $722,040 on the H. B. Mine pur- chase, development and plant ex- penditures ‘near Salmo; $1,900,- 000 on the power line to Kimber- Jey; $5,500,000 on the Waneta power plant project; $1,200,000 on additions to Sullivan mine and mill; $2,600,000 on revision to the Tadanac smelter and $970,- 000 on extension of the electro- lytic zine plant. “ Mine Expansion At the Sullivan mine, develop- ment amounted to ‘50,212 feet. Mine and mill operation is to commence shortly: at Bluebell lJead-zinc mine where good pro- 189,894 tons of ores Con-Rycon mines at Yellow- :knife ..produced 121,938 tons of ore of an average grade of 0.57 ounces gold per ton. Phosphate mines in Mentana continued, to show good results: Active ex- ploration in search of new mines continued with 74 properties ex- amined and seven optioned. Dia- mond drilling at Pine Point, N.- W.T., continued with encouraging results. This property offers promise of developing a large tonnage of zinc-lead ore, the re- port stated. At Trail smelter, rehabilitation ‘Siditer’ gress, The-new* blast: Pagrouse came into operation in April and is giving anticipated improvements in flue dust re- covery. and in working condi- tions. Construction began on the new sintering plant and_ this should be completed in 1952. This work will be followed by con- struction ef a receiving and storage plant. Delayed for several months by slow delivery of major items of equipment was completion of the 66-ton extension to the electro- lytic zinc plant, but production is expected to start next Septem- ber. The new fertilizer plant at Kimberley is scheduled for com- pletion in 1953. It will have an annual capacity of 70,000 tons of ammonium phosphate. Most lead and zine was taken in almost equal portions by Can- ada, the United Kingdom and the United States. Two-thirds of Cominco’s silver was exported, all of it to the United States. De-_ mand for ammonium phosphates in all markets continued ‘above the company's ability to supply, EME ports made ort by : R. NELEMS, Conveyancing INCOME TAX PAYERS ATTENTION The deadline for sending in 1951 income. tax returns.is April 30th — after that date you will be penalized for late filing. Save money by getting your income tax re- Income Tax Returns Office in basement opposite Castle Theatre Notary Public Anderson CONFECTIONERY We have “yeceived ' our Spring Supplies of bulk garden and field seeds — seed potatoes — poultry equipment — garden and orchard sup- plies — sprayers, insecticides and sprays. Dorm- ant spray should be applied now. We have lime, sulphur and copper base sprays. Everything ‘needed for the farmer and gardener. All types of fertilizers‘in good supply. WE ARE AGENTS .FOR MERCURY ,OUTBOARD MOTORS RIGBY Feed Co. Ss & BUS DEPOT: Drop in and look over our shipment of EASTER NOVELTIES . The largest selection we’ve ever had Chocolate novelties aa to please everyone Book nee a and this condition prompted erec- tion ‘of the new plant at, Kim- berley. Off shore sales were limhited to the Hawaiian and Phil- ippine ‘Islands except for minor quantities sold in Formosa and the Dominion Republic. To meet continuing increase. in require- ments for nitrogenous fertilizer materials, again in short supply in the U. S., the company had to decrease offshore market sales. 8834 Employed Number of employees on the active roll] at the year-end was 8834 compared with 8585 at the end of 1950. Average hourly wage rate at Trail was $1.46 and at Ki $1. hourly earnings were "$1,651 ‘and $ 1.822 at Trail and Kimberley, respectively, “reflecting the vari- ous premiums paid in the form of contracts, vacation pay, over- time, etc. Employees worked an average of 38.3 hours per week. Cost to the company of paid va- cations to hourly-rated: employees amounted to $874,652. . During the year, Cominco con- tributed $2,544.008 to the Pen- sion Fund Society. At the year- end the fund, which provides for non-contributory pensions to retired employees, amounted to $18,715,232. IMPORTANCE OF pied need ae ‘world: health, strength, honor, gen- erosity and beauty as conspicu- ously and undenably as the want of it represents illness, weakness, disgrace, megness, and ungliness. It is only when it is cheapened to worthlessness for some and made impossibly dear to others that it becomes a course. — G. B. Shaw. Economists tell us the “money is stored up wealth.” It,is more than that. It is a writ of at- tachment with police power be- hind it, entitling the holder to the products of the labour of others and to things which will be produced by méen- and women yet unborn. With money, individuals have been given ‘control over the liv- es of others and have been put in the position of master as ef- fectively as slave owners ever were. R.C. BELL, BECOMES ‘A SENIOR RESEARCH ENGINEER AT COMINCO R. C. BELL R. C. Bell wr this weer has been appointed a senior research engineer,..according to, an an- nouncement made today by D. D. Morris, manager of the re- search and development division of The Consolidated Mining and Smelting Company of Canada Limited. Mr. Bell is at present Mr. Bell joined Cominco der ‘the spring of 1938, after graduating from the University of British Columbia with his B.A., and B.A. Se. in chemical engineering. He worked in the assay labora- tory until 1941, when he joined the research staff of the com- pany’s chemical and fertilizers division. A year later, he was transferred to the central re- search laboratory, where he has since worked on economic as well as experimental aspects of re search. In 1944, Mr. Bell was made an assistant research engineer, and in 1949, a research engineer. He’ held the latter position until his ‘Fhe..co-operative technique by _ which a democratic people can carry on’ their business affairs without taking any toll of their fellows, needs to be applied to money above all commodities. How would you like to deal with a bank where the borrow- ers set their own‘interest rates? And upon the incident of death, all of your. holdings become doubled, and your débts “to. the bank become automatically wip- ed -out?. Sounds fantastic, doesn’t it? But many people’‘in British Co- lumbia are actually doing this through Credit Unions. Note to all past and present ex- ecutives and wives. Be on hand Friday, April 25th at 6:00 p.m. in the Twin Rivers hall for a dinner and evening’s entertain- ment. (Adv.) (teekly Garden- Graph « ) N EWART—To Mr. and Mrs. P. Ewart, at the Kootenay Lake General Hospital, April 7th, a daughter. By nEAN HAL LIDAY Released by Central Press Canadian PH OLD STALK cuT BELOw NEW. ROOTS ~ “aaa chrysanthemums should visions will produce flowers in the be divided each spring since old| fall. clumps gradually produce inferior blooms. Root ‘divisions of “mums” act Castlegar Sash @ Door WOODWORKING SPECIALISTS - Windows ... Doors... ‘Cabinet making . . Storm fit 7 See us for: prices .. Phone 4946 If the new divisions are to be rown in the same area from which the-old clumps were taken, dig up the soil thoroughly Then add rotted manure. compost or n|Peat moss and fertilize with one of the garden this the growth weaker, the blossoms smaller, and the plants become more. suscepti- ble to the attacks of insects * and} 9) disease. When ‘the young shoots appear in the spring, separate those from the outside of the clump whicn have ample roots. Plant such di- visions in freshly enriched’ goil. Each division should have put one stem, as shown in’ the ‘accon)-) manying Garden-Graph. called single division.’ The ‘single- shoot type of ‘division also’ makes it possible to produce. many. more plants from one clump. whee die fertilizers, Plant. the ‘divisions 18 to 24 inches apart. Firm them in wel thoroughly at time The ‘hard centre section. of . the: parent plant can be used for catting, then discarded. Chrysanthemums. also: require’ some care and attention up to blooming jfumie: Many: plants: for example,’ hav: “two green ‘leaves tent one ptoomin ny’ time. ‘The other ic: ves have -witheretta@nd died on~t' stem. This‘ disease which ‘can controlled by spray- ‘ ing ‘with ‘E.,deaux .mixture, Begin ~ $8, spray, early in the season. During 1949, Mr. Bell carried out research for Cominco at the mines branch of the Dominion Government at Ottawa, and in this connection, is a co-author of a paper on zine die casting which is to be published shortly. He is a member of the Chemical Insti- tute of Canada. He was born in Nelson. Mr. and Mrs. Bell live in Rossland and have four childrén. Teachers Meet Hére In October On October 16, 17 and 18 of this year, the West Kootenay and Boundary Teachers’ Com vention will be held in Castle- gar. It will be the first time “that isuch a convention has been held here, but the Central Con- vention committee, under the chairmanship of J. A. Thomas, promises that it will be a good one. About 350 teachers are ex- pected to attend. The theme of the convention will be “Character, a Vital Goal in Education.” It is felt that curricula, methods and attitudes Should be examined to see if they might not be more effect- ive in fostering this intangible in education. With this in mind, the Cen- tral Committee has set to work on the many problems in order to make the convention a suc- cess. Included in the Central Committee are G. Magwood, vice chairman and R. Cail, secre- tary. Sub-committee chairmen are as follows: R. Sommers, en- tertainment; Mrs. R. Cail, pro- gramme; Miss M. Millican, lun- cheons; Mr. G. Leitner, banquet; W. Shwarok, finance; J. Cor- bett, accommodation and_bil- lets; H. Bates, dance and A. Har- vey, publicity. eegenred Patent Caen By STANLEY THE OLD HOME TOWN WS ~ SW MOCEL DOC, IF HE CAN. DO THAT WITH THE OLO 100 HORSE POWER, CAR--- Wow! WHATiL, HE DO WITH His — Ee s she WILL DO IT BETTER AND QUICKER— KINNAIRD ROSE QUEEN The contest this year will be open to girls liv- ing in Kinnaird, Castlegar, Robson area. If you would like a chance to win a new wardrobe, without having to sell tickets, be at the Im- provement Society Hall in Kinnaird on Sunday, April 27, at 7 p.m. See us for GoopFyY EW LOW-PRICE EAR TIRES PRICES REDUCED ON AUTOMOBILE TRUCK AND FARM TIRES AND TUBES LOOK AT THESE NEW LOW PRICES THE FAMOUS MARATHON NOW ONLY S19 95 (SIZE 6.00 x 16) LESS A BIG TRADE-IN ALLOWANCE . MARATHON SUPER-CUSHION Now Only $24.95 . * SIZE 670 x 15) LESS A BIG TRADE-IN ‘ALLOWANCE ° See us and find out about. the sub- staritial price reductions on all other tires and tubes: Kinnaird Service