East Kootenay Power Improves its position

from _The Cranbrook Courier_, June 17, 1926 (p4)

EAST KOOTENAY POWER CO. IMPROVES ITS POSITION
Montreal. - The annual report of the East Kootenay Power Company,
Limited, will be ready for mailing to the shareholders next week along with
the notice calling the annual meeting for June 28. The Company's fiscal
year ended on March 31, and it is understood that the showing on the year's
operations will be of a satisfactory character, indicating some improvement
over the preceding year.
Reports of the current year's operations to date are even more
satisfactory in their character, indicating that if the present rate is
maintained a new record will be reached. The company is now operating
under more satisfactory conditions than at any time in its history. Its
large customers for power are the Consolidated Mining and Smelting Co., and
the coal mines of the district including the Crow's Nest, International and
McGillivray Creek, along with others. Labor conditions at the mines are
now satisfactory, and the striking growth of the smelter business creates
an ever increasing demand for more power from that source. The present
installed hydro electric capacity of East Kootenay is 22,000 horsepower,
and there is a demand for still more power. It is thought probable that
some method of meeting this demand will be brought before the shareholders
at the time of the annual meeting. This power development is one of the
group controlled by stock ownership held by the Power Corporation of
Canada, a company organized by Nesbitt, Thompson & co., limited, as a
holding and managing corporation for their various enterprises.