34 CANADIAN PACIFIC RAILWAY Interior of Electrolytic Lead Refinery, Trail, B. C. Companies, with fully modern and economic equipment, are in a stronger position than the more scattered smelters of former days. The result is shown in the general decrease in custom smelting rates and a larger total tonnage. Anyone now opening a new mine in the Province is assured of a steady market for his ores at very reasonable treatment rates and has the assurance of prompt settiement in cash forall ore shipped, whether in large or small quantities. Tron. Large deposits of iron ore have been discovered in various localities on the mainland and on Vancouver and other islands, but none of them have so far been developed in a commercial sense. About 20,000 tons have been taken from Texada Island to supply a small iron furnace estab- lished at Irondale, Washington, which ceased operations in 1901 but has now resumed work. The only place on the mainland where iron has been mined in any quantity and only to the extent of 3,000 to 4,000 tons, is at Cherry Creek, near Kamloops, the magnetite being shipped to Nelson for use asa flux in lead smelting. At Bull River, Grey Creek and Kitchener in East: Kootenay, are iron deposits of considerable extent. Iron also exists in large bodies at Schelt, and near Fort George, also the Queen Charlotte Islands and points on the Pacific Coast. The principal deposits occur on Vancouver Island, and are of large extent and conveniently situated for - manufacturing purposes. The growing demand of all the country West of Winnipeg for manufactures of iron and steel and the increasing Oriental trade should be an inducement to capital to establish an industry in this Province, where all the necessary elements are found in abundance and so closely grouped as to ensure economic production. Lead. In 1886 the first shipments of lead were made from Slocan. In 1904 lead mining had been established in several districts, and the output totaled