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Nelson Daily Miner in Nelson, British Columbia

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Nelson Daily Miner

Location

Nelson, British Columbia, Canada

Date

Mar 10, 1901

Page

5

Crow’s Nest Pass Coal Company Annual Meeting Report 1901

The annual meeting in Toronto on March 1 1901 presented the shareholder report. Net profits after expenses stood at 141 046 10 with 188 874 52 carried to profit and loss. Coal production reached 220 458 tons, with 114 063 tons sent to coke ovens yielding 73 496 tons of coke. 106 395 tons sold as merchant coal. About 800 men employed, 110 new coke ovens built in 1900, total ovens 312 capacity over 450 tons coke daily. Directors Elias Rogers managing director and Geo A Cox president.

Crow's Nest Pass Coal Company, Limited Toronto Fernie Fernie and Michel Elias Rogers Canada

Financial Statement Assets and Liabilities 1900

Balance sheet shows assets including Mines Real Estate Plant and Development totaling 104 507 047 with cash 37 501 62 accounts receivable 87 005 42 and capital stock 2 000 000 00. Liabilities list Bills Payable 9 370 523 60 accounts payable 181 049 17 and credits recorded. Auditor R W Macpherson certifies books correct. Toronto March 1 1901.

E. R. Wood

President’s Address on Crow's Nest Pass expansion plans

The company, Canadian led with Canadian stockholders, outlines big development expenditure of 835,000 for coke ovens, mines, and new towns at Fernie Michel and other sites. Plans call for 720 ovens at 540,000 plus overall capacity growth to 1,500 tons daily and a $10,000 daily payroll within five years, pending U.S. market access and railway charter to the boundary.

Crow's Nest Pass Canada Dominion Fernie Michel Amer Tion British Columbia United States

Crow's Nest Line Key to Coal Boom and Smelting Power

The piece argues a railway spur between Crow's Nest coal fields and the Great Northern would secure a vast coal and coke market for British Columbia. It cites 250,000 acres with an estimated 20,000,000,000 tons of coal, notes potential smelting growth in Fernie and southern BC, and warns against export duties or competition from U S. lines. It concludes with a call for a charter to begin construction and claims broad economic benefits for BC, mining, and government revenue.

Jennings Great Northern Railway British Columbia Crow's Nest Great Northern Crow's Alberta Crow’s Nest Cokedale Puget Sound Pennsylvania West Virginia Utah Colorado Montana Washington Crow’s Nest Pass Briteh Columbia Fernie Northern Pacific Boundary Line United States Dominion

Prices Range From Three Dollars to A Five With Diamonds

The market lists goods priced from 3 dollars up to 5 dollars, with the higher prices tied to items paired with diamonds. The note emphasizes premium combinations where diamonds elevate cost.

Miner Want Column Ad Sells Secondhand Article

Reader asks about moving a secondhand article via The Miner want column. This note requests guidance on placing a classified advertisement to sell the item.

Miner

Nelson lumber merchant retires from Fair View Lumber Co

Jamon Gill of Nelson retired as a partner from Fair View Lumber Company effective 1 December 1900 and will not be responsible for debts incurred after dissolution. Dated Nelson British Columbia February 18, 1901. James Gill per Elliot and Lennie solicitors.

Jamon Gill Nelson Fairview Lumber Company B. C A. D James Gill Elliot & Lennie

Also Mentioned on This Page

THE Crows Nest Pass Geo, A COX R. W. MacPherson Butte Parliament of Jaffray Brown Ceylon India Japan Montreal China M’farland & Brockman Telephone Baker Street Whittaker N. Y New York Clipper Annual Igor A. Conan Doyle Eldredge B Canada Drug and Book Co., Ltd K.w.c. Block Minervant Opera Wn Senate J. E. Annable Nelson Wine CO A. Tamblyn Manacens Baker Ah Nelson Coe St. Paul Collins Spokane
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