Output by Leading Gold Producing Countries and States (Millions of Dollars) Source World Canada.. Ontario. 15.9 15.8 19.1 14.6 1915 1919 1920 1921 1922 1923 1924 1925 1926† 389.2 394.0 388.5 197.9 198.4 205.9 50.6 48.0 45.3 26.1 25.5 Maximum yearly gold output from Yukon Territory was $22,275,000 in 1900. The total gold production of Ontario to the end of 1926 exceeded that from the Yukon by over 33 million and British Columbia by 15 million dollars. Prospectors and mining men are assisted in their operations by The Department of Mines of Ontario, which supplies geological maps and exploration reports free. Detailed statistics of the production of the various mines and mineral industries in the Province are also prepared by the Department, and these furnish reliable information for the use of investors and the public generally. Application for this literature and other particulars may be made to: Hon. Charles McCrea, OR TO Thos. W. Gibson, Deputy Minister of Mines Toronto, Canada CANADIAN INTERNATIONAL PAPER COMPANY Together with Associate Interests GATINEAU POWER COMPANY Bringing Newsprint Industry from United States to Canada Huge Sums expended by International Paper Company on Canadian subsidiaries to develop pulpwood limits, pulp and paper mills, and hydro-electric energy in Canada. A story of a great enterprise developed in the past few years By Harvey H. Black The development of the "Canadian International Paper Company, as the newsprint unit for Ontario and Quebec Provinces of the International Paper Company-the world's largest producer of paper-has been one of the romances in the financial and industrial life of Canada during the past two or three years. When to the "Canadian International" is added a closely allied associate, the "Gatineau Power Company, the sum total of Canadian operations of the International Paper Company, although even yet incompletely stated, is at once highly impressive and gratifying. For in the building of newsprint mills and the installation of hydro-electric energy the activities of International Paper, crowded into so short a space of time, are a unique object lesson in the development of Canada's latent natural resources. It is barely one year now since the Gatineau Power Company of to-day and the "Gatineau" newsprint miill at East Templeton, near Ottawa, consisted in the one case of three undeveloped water powers, and in the other, of huge areas of pulpwood limits, potentially valuable, it is true, but still lying uncut in the virgin forest resting along the banks of the upper reaches of the Gatineau River. Such these had been for many years past; assets that had no earning power, for they were assets-power sites and pulpwoodthat required one other natual resource, the presence of tens of millions of dollars, in order to bring about the evolution of those power sites into installed hydro-electric capacity, and a newsprint mill that would spring up to provide a use for the thousands of square miles of pulpwood limits, to be fashioned into groundwood and sulphite pulp, and this combination in turn into hundreds of tons of newsprint paper daily. Largest Machines in the World To-day, all of the four machines are operating at East Templeton, and in a few months there will be available an addition to Canada's newsprint capacity of 600 tons a day, produced by the largest machines operating in any country in the world, the only newsprint machines that will produce newsprint paper at the rate of 150 tons daily for each machine. Machines, moreover, that have been turned out in a Canadian plant, that of Dominion Engineering Works, a subsidiary of The Dominion Bridge Company, that a few years ago produced one of the world's greatest bridges, that spanning the St. Lawrence river a few miles above the city of Quebec. This incoming mill of 600 tons daily capacity, large as it will be, must take second place to what is the largest single newsprint unit, not only in Canada, but in the world, the mill of the Canadian International Paper Company operating at Three Rivers, Quebec. At this mill there can be produced-and nearly are to-day in spite of an over-capacity the world over-700 tons of newsprint every day, or over 200,000 tons per annum. The total for the two Canadian mills, 1,300 tons daily, will represent a capacity of close to 400,000 tons per annum, a larger quantity than used to be turned out by the newsprint mills of "International" in the United States when they were running full and its Canadian developments were but in their infancy. It is noteworthy as illustrating the growingly important "stake" of International Paper Company in Canada, that the 1,300 tons will not represent a net increase of that amount in its aggregate output for the two countries. For, recognizing that conditions under which newsprint could be produced in Canada were much more favourable and less expensive than in the United States, from several standpoints. A. R. Graustein, the dynamic President of "International," determined gradually to shut down the major portion of his Company's newsprint operations in the United States and to transfer these operations to Canada, expanding towards other grades of paper or hydro-electric activities in the northern States, and developing the manufacture of wrapping paper in the southern States, where the Company in the past year or so has acquired three plants that are utilizing southern pine under favourable conditions. Various Fields of Operations A brief survey of the field of operations of International Paper Company will serve to provide a more definite setting for the "Canadian International Paper Company," and "Gatineau Power Company." International Paper as it stands to-day is the largest manufacturer of paper in the world, and one of the largest holders of water powers in North America. The capacity of its pulp and paper mills, indeed, is more than twice as great as that of any other company on this continent. And, speaking of a "world" position, it is a curious but significant coincidence, that the year in which the Three Rivers mill was doubled in capacity and the Gatineau newsprint mill started (1926), was the year in which the world's newsprint sceptre passed from the United States into the hands of Canadian mills! 1. Canadian International Paper Company:-This subsidiary covers the newsprint operations at Three Rivers and East Templeton, and bleached sulphite pulp mills at Kipawa and Hawkesbury, Ont. 2. Gatineau Power Company:-This unit is developing three plants on the Gatineau River, at Chelsea, Farmers Rapids and Paugan Falls. Three units are already installed at each of the first two plants with a capacity of over 100,000 horse power. Ultimate developments will run close to a total of 700,000 horse power. 3. Saint John River Power Company:-This is a development on the St. John River, at Grand Falls, New Brunswick, (of 80,000 H.P. ultimately) which will be operating next year, and will, in time, supply power to a newsprint mill in that province, as well as to Fraser Companies Limited, and the New Brunswick Government. The newsprint will be established under a new organization to be known as 4. New Brunswick International Paper Company:-To take care of newsprint production in the eastern provinces. All these four groups in Canada will be controlled by stock ownership by International Paper Company. 5. Southern International Paper Company:-A newly formed unit in 1927, to develop the production of kraft and wrapping paper in the southern states from pine that grows in abundance there. Two mills in Louisiana are now owned and operated by Southern International and a third kraft mill is now under construction at Camden, Arkansas. The three mills combined will have a capacity of some 450 tons daily of kraft paper and board. The International Paper Company Under the parent company are operated the pulp and paper mills in the northern States. In addition it has acquired a substantial interest in New England Power Association, the largest distributor of electricity in New England. It is estimated, moreover, that power sites owned by International Paper Company on the Hudson River can be economically developed to a capacity of some 300,000 H.P.-power within practical transmission distance of the large industrial centres of New York, New Jersey and New England, and hence of exceptional potential value. CANADIAN INTERNATIONAL PAPER COMPANY, VIEW OF GATINEAU MILL LOCATION-ON OTTAWA RIVER FIVE MILES BELOW THE CITY OF OTTAWA. CAPACITY-600 TONS OF NEWSPRINT PAPER A DAY. The machines in this Mill are the largest single producers thus far installed in the world. They are designed to make a sheet of paper over 21 feet wide at the rate of 20 feet a second. |