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() () Canada Northern Power preferred common shares. The report shows the regular a ance for depreciation of $600,000 same figure as in the previous : vears. After dGdeducting all of sub $£99,201 previous 1 penses an than the 1 increased â€" to â€"$365,191 debts of charges of the heavy amounting surplus fo against C LIPOS ed to : 341,964 penses, substantial Increases During 1932 in All Departments Acâ€" cording to Annual Report Just Issued. Campany Earned Ninety Cents per share on Common Stock as Against 78 Cents in 1931. Some of the Specially Interâ€" esting Features of the Report for 1932. AIY Successful Year in 1932 for the Canada Northern Power 1( 11 Re nual wer mon sha: hareh cry y Al 1d41aA left SWEET PICKLED P POKK HOCKS, If, ....;..............., ® RIB STEW or C BRISKET, per Ib. ... y l sHOULDER and CHUCK l ROAST BEEF, Ib.. R()l ND STEAK l‘ PA +. sns e ie ie I*‘RI sH PICNIC STYLE PORK sHOULDER, sA ies d I( BOSTON BUTT STYLE PORK SHOULDER NYX efi ies l 4 TRIM LOIN PORK -'E pigeces, per ID. ........................ FRESH HAM, whole l # or half, per Ib. ......................... 4 sMOKE PICNIC 1-1 SHOULDER, Ib. mA B U TTE Gunn s or Glen (JI'OI\{"C f".‘l‘-afi‘J P ....... motun:t $108,97 Cludting depreciation, t balance of $725,551, equa per share on the 7 p.c. 1| AL y compan a NU Cor. Birch St. Fourth Ave. W rt remium $88,.950, AY m ed | _ indin AC year 10 p. an 13 ‘n:ngs, p ustomers 1M imountit r Te compared al VA3 igure of $1,368,â€" nmon dividends s amounting to JWaAanC bon ONJUMEKS COâ€"OPERKATIVE bu 1 tTtaXxes, nte 89,081, an in 2 net for th nerating ex ‘ remaAin $1,424.75 1M i4 im included U.S. funds 1U eTrvV 234 â€" SOCIETY, LIMITED s comâ€" n 1930 ichievâ€" es were $335,000 for bad output, ed, the rthern orward $340 ther ep 44 ] three prior there prC h) 1 ansmission iine from â€"rProvencher Switching Station in Boischatel townâ€" ship, Quebec, to Kirkland Lake. By Commcen stock Subsidiary pre he constru« ransmissior Dividet Mo; Detf Call Ic Accoutr Invest. wWwWOrkKIng Capltal sAovws improvement at $285,439, current assets being higher at $1,040,004 from $725,481, and current liabilities only $22,671 higher at $754,â€" 5660. K.W.H. Output ....441,150,290 418,226,810 Earn. on C.N. pref. $13.20 $12.13 Parn. on C.N. com. $0.90 $0.78 (a) Miscellaneous revenue includes compressed air gross revenue, pulp and merchandise net profits and earnings from investments. cust. vonn. K.W.H. Outp Earn. on C.N :ompa workin Pref. dividends Com. dividends Surp. for year Minor interest _ Depreciation Balan I1 1J WVE DELIVER 1t in iY 12¢ 16c 12c | i Fe 11¢ 19¢ wp nority ljustec 10 31 iC )lus 1932 tment $34,195,845 h $35,335,104 LIABILITIES 932 has been marked by n of another 110.000 volt line from â€" Provencher V AaiutC 1gurC Pasteurized Creamery figures are as follows ASSETS A in t WMnss seryvy Vn WILTL 1,848 1. 466 ciearliy snown Dy umber of customâ€" h has grown from 1931 to 12,516 on a gain of 1.109 sheet, total assets 35,104 as against a of $34,725,388. Net #s improvement at ope 000,000 297,160 196,021 120,343 141,041 308,972 119,504 Telephone 101, South Porcupine 280,230 824,751 472,960 311,241 104 Pride of Valley PEAS, No. 2 squat tin ... l Oc Harvest Queen FLOUR, 24 1D. bag ... .. ... 63¢ SOAP CHIPS 2 Ibs. for ..:.:.. New Brunswick Grade No. 1 POTATOES I O IDYs :: iss :sns MACARONI 16 0%. pKkg. 2 fOor ..:.::.......:....::.. Hand Picked NAVY BEANS, 2 Ibs. .......... Clark‘s PORK BEANS, 1%/"s ting ................ or the mines o the expanâ€" ations at the te, Porcupine tricts, augâ€" the domestic ved by vour w ue ut w .‘,0‘1 % uks 0 t 0n B o4 +a y * 2 Ibs net «/ hkA * HEESE $34,725,388 $17 1931 $33,864,097 26,5075 65,297 348,003 o shareâ€" resident, 7,000,000 284,200 196,138 109,884 141,666 6,323,883 119,004 110,182 5,500,000 1,848,796 1,466,000 267,866 18,166 1.339,594 $1,339,595 68,771 4714,582 311,589 bb17,400 c1,974 1,355,021 284,106 1,500 135,809 GQroceries rectness of this statement is shown by the figures covering our gross revenue and power output. ‘"By reference to these figures it will be seen that we recveive seventyâ€"seven oneâ€"hundredths of a cent per kilowatt hour before taxes, and after deducting taxes amounting to $3685,191.00, only sixtyâ€"nine oneâ€"hundredths of a cent per kilowatt hour." "It will be of interes holders to know that th tric power received by t spite of statements to compare more than f those paid to any und privately or publicly ow electricity on the conti rectness of this stateme "The problem of increased t again forcibly brings up the it of the present policy of discrim against privately owned public : such as ours, whereby Federal taxes, from which publicly own: tems are exempt, are imposed uy company and its customers. Ir days, when governments are p seeking means of collecting adc taxes, the unfairness of adding tional burdens to those borne b: ent taxpayers and exempting furnishing similar service sho apparent. our customers are supplied with clent equipment. "As our bond interest is payab New York, we suffered a charg $88,950.00 owing to exchange on payments which became due on 1st and November ist, this is show increased interest charges for the "Sales in merchandise departmen were again satisfactory, amounting t( the substantial sum of $121,750.85. A: prices of all appliances were greatly re: duced, this figure represents a greate volume of merchandise than in pas years, and naturally accounts for considerable portion of the gain in ou domestic demand for power. We alsC have the satisfaction of knowing tha! "A great deal of exploration and development work is taking place all over the Northern Quebec and Ontario mining district, but particularly in Quebec, and your company is keeping in close contact with the situation with a view to taking care of the market by extending its lines whenever the situation warrants. "While not strictly new power Clisâ€" tomers, as power was being used for mining purposes, Toburn Mines, whose property lies in the eastern end of the Kirkland Lake Camp, and Hayden Gold Mines, located in the Porcupine Camp, both placed their mills in operation during 1932. "In March, 1932, power was turned on at the Ashley Gold Mines in the Mataâ€" chewan area, thus adding a new mining camp to those served by your company. This property became a gold producer on completion of the mill in September. "In Quebec, Granada Gold Minces Limited, also commenced to utilize power from our lines early in the year "A short extension was added to our distribution system in the township of Tisdale, by which the section of Schuâ€" macher known as Gold Centre has been provided with electric service. VE 1b, Half Pound Packages N l 3t * t3 hesy gooy | y 44 [ d h 4 415 pusst aad 1 ht 1 i1» 4 Whuad d UVd Vesd JC A cmd 0 O O g n 6 6 17¢ 10c urab co ) ilnte, Ui€ | very pretty creation of yellow and wnile ‘ supplied | with becoming pokebonnet; second, sion lines.; Della St. Paul, as an Eskimo in parka afeguards | bloomers and moccasins of caribou fur; first girls‘ comic, Helen Haneberry, as le in the| St, Patrick, a study in green, with tall ween our|green hat; second, girls‘ comic, Patricia volt line| Laforest, as Mrs. She and Stella Brown, ‘a, by the| were Mr. and Mrs. and had a goâ€"cart line from | with a tiny Miss in it, which Mr. took of Ashley | care of while Mrs. skated around among iing Corâ€"| her friends and showed the prize she extension | won; first, boys‘ fancy, Harry Disher, a substaâ€" | as a pirate; second, Lloyd Owens, as a ghost; first boys‘ comic, Bobby Pearce, ed to our| as a Romper Baby; second, boys‘ comic vnship of | Billle Milier, as a clown. Other cosâ€" of Schuâ€" ‘ tumes worthy of mention were:â€"Marâ€" has been ! jorie Ewing as an Easter rabbit; Harry Cott was Santa Claus; Evelyn Disher, a newsboy; Betty Couch, with her launâ€" dary bag, made a funâ€"producing Chinaâ€" urned on he Mataâ€" w mining| man; Joyce Coffey made a pretty Boâ€" company.| Peep; Shirley Coffey was Little Boy producer Blue; Jean Gallai was an oldâ€"fashioned ‘ptember.| woman, and Evalina Spadafore was a 1 Mines,| EypsYy. The ice was good and the kidâ€"| o utilize| dies thoroughly enjoyed having their iha. wasay, [ .own carnival. C efh Mrs,. J from her tario, an three wee before let manently Messrs minic Gu | New York ship Cont ‘ The sk Sudbury : hoped at | down but | at Long â€" gfi‘ both goi: c ' skiing do We hear that Mr. W. A. Christie of the Dome who was operated on this week is making good recovery. The games for the Sky trophy comâ€" petition at the curling rink were conâ€" cluded on March 9th, J. J. Gallagher‘s rink winning the trophy. On March 6th Basso‘s rink won from Miller 12â€"8. On March Spiers won from Cosâ€" tain 9â€"8; Gallagher from Cantor 9â€"7. In the semiâ€"finals on March 8th Fairâ€" \ him so well recovered after his four more northern parts of the Bishopric of "i Mcosonee who is entering into the work : of the Anglican church , Mr. George Harvey is awble to be out| of the hospital now and is around meetâ€"| ing old friends who are rejoiced to see months in the hospital. Going to the hospital to be operated on for appenâ€" dicitis last December i%t ‘was found when the incision was made that the appendix was not in its natural place but was over on the left side instead and a second incision had to be made. The appendix had already burst and very little hope was held out for his recovery but a life of clean young manâ€" hood came to his aid and although it has been a long uphill road back toj health, those who know him are deâ€"| lighted to see him making such good| recovery. | Mrs. Romanuck and two children have returned after spending the winâ€" ter with relatives in Western Canada. Dr. McLaren returned this week from a vacation spent in Bermuda and is much improved in health. Considerable interest is being taken in a snowmobile, called the "Arctic Traveller" by its inventor, Vladunir‘ Hyrnuik, of Commercial avenue. Hel and Harry Martin have constructed it and tried it out. It has wings which helps it over snowdrifts and difficult Mr. Peter Armstrong, of Monteith, took the service in St. Paul‘s Anglican church here on Sunday as Archdeacon Wocdall was in Cochrane for the orâ€" dination of a young Indian from the PORCUPINE ADVANCE, TIMMINS, ONTARIO it 11 ace! |__ Mrs. James Houston has returned from her parents‘ home at Ayr, Onâ€" ‘ tario, and will remain here for two or three weeks to dispose of her furniture before leaving to make her home perâ€" ;manently at Ayr i Messrs Eugento Tiovessan and Doâ€" minic Gustavo Arata are sailing from ” New York on March 18th on the steamâ€" ship Conti di Savoia. â€" _ The skiers who went from here to Sudbury were not in as good shape as hoped at Sudbury after their long trip down but showed up well a week later at Long Lake. They made good time both going down and coming back. In the return trip on the last day over sixty miles was covered. Among those skiing down and back on the trip was a boy of seventeen and a man of fifty. At Long Lake the winners of the skiâ€". ing meet held under the auspices of the Workers‘ Sport Association were:â€"First and championship (30 k.m.), H. Tuutela,‘ South Porcupine, time 2 hours, 4 minâ€" utes 23 seconds; second, A. Back, Sudâ€" bury, 2 hours, 5 rninutes, 27 seconds; third, P. Johnson, Sudbury, 2 hours, 6| minutes, 54 seconds; fourth, L. Huuki, Sudbury, 2 hours, 10 minutes, 57 secâ€" onds. Juniors under 18 years, 10 k.m.,' first, Toivo Parkko, South Porcupine,| 26 minutes, 32 seconds; T. Bruce, Long Lake, 29 minutes, 43 seconds. Senior, men over 45 years, 10 km., first and championship, L. Tanner, Timmins, 47 minutes, 17 second; second, L. Lanto, Long Lake, 59 minutes, 10 seconds. On Saturday afternoon at the skating rink the Children‘s Carnival was held, Those winning prizes were:â€"Most ori-i ginal, Norbetine Ferrigan, "A Depresâ€" sion" urchin; girls‘ fancy dress, 1st, Vieno Kauto, as a Victorian lassie in a very pretty creation of yellow and White’ | with becoming pokebonnet; second, Della St. Paul, as an Eskimo in parka ; Childrean‘s Carnival _ at South Porcupine he Interesting Event at South Porcupine Rink on Saturday Last. Porcupine Skiers win Honours in Sudbury Event. Police Make Cleanâ€" up at south Porcupine. i the Toronto Daily Star of March in an article by Bill Cole, soccer er for that paper, we were glad to special mention made of the work immie Tennant in soccer football he Old Country. Tennant was an tanding player on the Dome footâ€" team last season. He left in the to join Cardiff City in Wales. In a e against Norwich he won his spurs is work on the right wing for Carâ€" and some of the Old Country paâ€" contained glowing accounts of his câ€"there. He has since joined irts" a Scottish team that are now e semiâ€"finals of the Scottish Cup st and nto on Friday March Mrs. HMHarper (nee Carâ€" son. the being tendered , Mr. and Mrs. irrival of their w« / / i.\ io i\ t i:‘:”i‘%“:‘Ozzi:OQ:z .Il it i ...3 14 ’ 0000080000080 and small. A man from South Porcuâ€" pine testified he had got beer there the night before and had paid for it. His partner no got money, just drink beer he buy. The partner also testified as to getting the beer and money being paid for it. The constable told of goâ€" ing to the house where accused stayed abcut nineâ€"thirty. There was a man going up the stair and when he saw who was there he hurried up and pressâ€" ed a button in the door of a room at the top of the stair. When the conâ€" staible got there he had to break in the door to force an entrance. He found accused and other men there rustling to get out. He also found the liquor. Accused claimed he was treating the men but he had the money in his posâ€" In the police court on Tuesday a man from Schumacher was charged with selling liquor. Among the exhibits in the case were one full case of beer, one case containing seven bottles, a large bottle of whisky and glasses both large There is now a bonspsil being 1 seven rinks competing, each rin} play six games. The skips of the c peting rinks are Gallagher, Basso, F hurst, Miller, Smith and Costain. hurst won from Basso 10â€"8, and G: lagher from Spiers 12â€"8. In the 1: game three men played to a rink, t lead in each case throwing four ston The rinks going into the finals March 9th were Pairhurst, skip, Stor viceâ€"skip, Evans, lead, Alexander, s ond, against Gallagher, skip, Strani vice, Dixon, lead, and MacDonald, se ond, the latter rink winning out in 16 ngs. 7.â€"Remarkable acceleration, over 80 miles per houtr 8.â€"Ssilent second speed and silent synchronized gear shift. 7Y The finest, largest, roomiest and most powerâ€" ful car Ford ever built. â€"Fully balanced 65â€"lb., crankshaft. .â€"Aluminum Pistons. â€"Down draft carburetor with air cleaner and silencer, â€"Increas¢d fuel economyâ€"(20 to 24 miles per gallon under normal driving conditions). â€"Torque tube drive, â€"Threeâ€"quarter floating axle. â€"Straddle mounted rear axle driving pinion. â€"New double channel double drop Xâ€"type frame. â€"All steel bodiesâ€"great strongth and maximum â€"Force feed lubrication to all Crankshaft and Camshaft bearings. â€"All Aluminum cylinder heads. â€"Engine mounted on live rubber. â€"Twentyâ€"five antiâ€"friction roller and ball bearâ€" â€"â€"112" Wheelbase. New longer, wider b with sweeping air flow design, * â€"Smooth running Vâ€"type 8â€"cylinder horse power. isit Us or Phone _A Demonstration Costs Nothing A New Standard of offer. Just bring this and mauve. No more t elsewhere for less than This Certificate and Offer Good Saturday Only An improved 4â€"cylinder engine is also ay at a lower price. GO0O0D ONLY FOR THIS SATURDAY This Certificate is Worth $5.02 McDOWEKLL MOTORS throwing fTour into the fina a@airhurst, skip, . lead, Alexandet sSpecial Offer for Saturday Only ‘ing this c ) more that Hollinger Stores Limited m alr some tin with her not in a dence b: N°r room a common house. Money which had been carlier in the evening was founs possession. She had come from about two weeks before and wa. as a waitress in the place. Uj arrest she had admitted canvass in the dining room, although witness stand she «Genied it. boarding house was declared place for a year, liquor not being ed in any of the rooms. The : of the house in trying to expl system of electric bells and pu tons in the house, which had fig each case, upon the arrival of thi said they were a sort of burglan as there had been thieving in : the rooms. A case of nonâ€"supp taken up in closed court, tt claiming that the husband was ing his time with another woman daughter, a young woman, also t as to the frequency with which in the other woman‘s company : way he neglected them at h home. The man had admitted policemen who were called to th that he had been staying wi other woman, a married woma g* tons each said r saturday Only, March 18th, from 10 aa EACH SET GUARANTEED A LIFETIME man, in also sentenc making her house. Mon carlier in the is there he roon aken u ‘laiming ng his t laughter is to the n the ot two wed as a waitress rrest she had n the dining witness stanc jJoarding hou: Authorized Dealers entenced her Money bodies inm T Motor Car Values nre th clip autiful â€"New riding ecimfort bee; designed transverse cant controlied by four double hydrauille shock absorh thermostatically controll â€"Ailil enamel parts bond against rust. â€"Rustless trim. â€"New Ford Service Policy for ons vear. aid Five distinctive steel spoke whe 5.00 x 17 tires. safety, fully insulated creased leg and head ; The mist: month ailable in all had Wi Enti rcliabl touch sted 11 U li {UA 11 1J PC itl@nna loecated tment. rouzhout M . unti nidshiel rt becau of 0 _ selfâ€"Fillin Automatic Pe H 11 instrument de ) p m insure quietl of exclusive Ford r springs properly ing, selfâ€"adjusting iutomatically and lectrically welded I} body types and 1 Deluxe cars. 1 »cli chanical brakes ing surface fully en for iturd Onlv nsulated to of Our Fountain . . SsB\ SDPEemRKECrs not get rich honâ€" on one of the most h Socialists now ) is not only rich ame by both honâ€" a fortune and took ocialists represenâ€" protection Good Unit reasing H. Hall at the 1 1l17th, beginâ€" here is also tC g. It is ibeing nited Church ordial welcome shing to come ird cupinge, under ing club. The will supply the trick numbers at L /40 >y@~ Top be shure to too, for that be takin‘ her in the High e on March Rechitnyck, over with. as to wnat be claimed was reservâ€" In â€"The naâ€" one anâ€" the other | $ $ ikers honâ€" most now $ Vn