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I $#4909§60080090000098000009000090000000000000000000008086 ¢ @ GPOCOO08O0O000000000000000000000000000004000000000000466 @5 enloasUstotoUo oVE SA â€"AerNeaetRencnenencrhenenen h C 5 Mtmeneno nenenenenenâ€"renonenorene en Nesn en niEniete the most beautiful watches in America. The Gruen Bracelet Watch are famed for beauty and doing their duty. We have them in green gold, platinum set ~with diamonds, also in goldâ€"filled. Every watch carries a guarantee from the maker. . 1 uon wo e in 5 An important subject in your education today. Fall term Sept. list. Further information 14 Cedar St. Up Stairs. The Timmius: Conservatory H. F. Schroeder,â€" Director. Faculty of three experienced teachers. Vocal, Violin, Piano, Theory, and Wind Instruments. Jeweler and Optician Telephone 141 Pine Street, Next Post Office Studchaker SPECIALâ€"SIX Sedan $3625 Studebaker SPECIALâ€"SIX Coupe §$3525 Studebaker BIGâ€"SIX Touring $2785 We have just received the Agency for Highest Artistic Standards Gruen Verithin Watches An increasing number of people are buying Studebaker automoâ€" biles because the buying public is quick to recognize a product ossessing the maximum of value. Let us demonstrate Studeâ€" Eaker quality, performance,"economy and value for you. L. Halperin L. Halperin Jeweler and Optician MUSIC Marshallâ€"Ecclestone, Limited Timmins = Ontario es‘ { =4\ A Remarkable * > 100629 4* ;E-S-f.',;q)miq; | | | 4 »oikg ,-"fl | 1. M mt (£23, buss srealcs l , «o aiihh 5on t in c onerptitconitrenmen SPIOAG C ie.. P e en e enc c n copccer m td ... ts This is a Studebaker Year Studebaker SPECIALâ€"SIX 2â€"Pass, Roadster . $2275 Studebaker SPECIALâ€"SIX 4â€"Pass. Readste: $2325 and the 9 Reasons for it Studebaker SPECIALâ€"SIZ, Touring $2325 Record Cliftonâ€"Poreupine Mines Limited, has sent the following letter to the shareâ€" holders of the company :â€" ‘*I chave pleasure in handing you herewith, printed copy of the Audiâ€" tor‘s Finaneail Statement and Report for the fiscal year ended June 30th, 1921, which will be presented to the Shareholders at the Annual General Meeting to ‘be held on Tuesday, Sepâ€" tember 13th., 1921. ‘*Very little work was accomplishâ€" ed during the year under review, for the reason we found it impossible, under the financial conditions which prevailed. during the latter half of 1920, to dispose of Treasury stock at Matter of Financing to be Considered _ At Annual Meeting in Toronto Next Tuesday. a price which your Directors felt to bejustified by the development which has been carried out on the property. It was therefore ’decided that the inâ€" terests of the Shareholders would be best conserved by the suspension of operations until financial conditions should improve. $ ThE GLIFON PORCUPME HOPES TO REâ€"OPEN 500X *During recent months there has been a distincet improvement in operâ€" ating conditions for the Gold mines of Northern »Ontario. Labor is now plentiful andâ€" more efficient, while (*ust,\ of minin@ materials are eanâ€" aucing mines are .now operalting aU capacity and the outlook is much more favorable than it has been for several years. ; ‘‘There are evidences of an increase in public interest in Gold mining that lead to the hope that we will shortly be able to dispose of sultficient Treasâ€" ury stock at a favorable price to allow us to proceed with the development of the Clifton property. Our plant has not been allowed to depreciate and can very quickly be put in shape for efficient operation. ‘*At the forthcoming Annual Meetâ€" ing we hope to have a good attendâ€" ance of Sharsholders, so that we can 6obtain your ideas as to the best method of doing the additional finaneâ€" ing that will be needed. I hope you will find it possible to attend the meet ing in person. If unable to do so, been a distinet improvement in operâ€" ating conditions for the Gold mines of Northern Ontario. Labor is now plentiful andâ€" more efficient, while (‘()st,\ of mining materials are egnâ€" siderably lower. As a result, the proâ€" ducing mines are now operating at capacity and the outlook is much more favorable than it has been for Studebaker LIGHTâ€"SIX Coupeâ€"Roadster M Studebaker LGHTâ€"SIX Touring $1885 Studebaker LIGHTâ€"SIX Sedan $2885 reston, president of $2385 THE PORCUPINE ADVANCE the however, please complete the enclosed Proxy Form and return it before the date of the meeting."! The balance sheet enclosed with the letter shows current assets of $5,06505.â€" iD and capital assets of $1,213,0685.71, development schedule, $69,733.36; in â€" surance, ete., prepaid, $595.43; power line, $782.146; shares discount, $M40,â€" line, pSZAb; shares 000.00; making a tot $1,630,452.36. The ca in bank is given as $3 on hand, $1,642.04. _ valued for the balance 300,00 ; building, $11,1 and equipment, $22,23 The liabilities are: able, #443.36, and eapi 1,630,009â€" shares of par value=of $1.00 each, $1,630,009.00. In view of the cireumstances and conditions this balance sheet ‘should prove very satisfactory to the shareâ€" holders. It indicates that the Clifâ€" tonâ€"Porcupine is being conducted very economieally and carefully, and sugâ€" gests that with the high promise given by the mine so far as itthas been deâ€" veloped, the /shareholders would do well at this time to imake arrangeâ€" ments so that the mine may reâ€"open and be developed to the point of proâ€" duction. . It seems to be up to the shareholders. They have a property of much promise, with the careful and thoughtful type of directors and manâ€" agement, and other ‘factors that that should help to suceess. § AN EXAMPLE OF THE SOUTH‘S ATTITUDE TO THE NORTH one thingâ€"absolutely and without question,â€"that they need their money and should have it. That is the sort of attention tae North Land‘s interests receiveâ€"on the one hand. > But on the other hand! If it is a question of stealing something from the North, the Governmept may be depended upon to be rigAl?}:)n the job, whether it is stealing Aur resources or stealing the few pitiful little liberâ€" ties left to the lawâ€"ridden men of this poor benighted province. On Monday next, Sept. 12th. Mr. H. W. Warren, auctioneer, will sell by public auction at 12 noon, Lots 89 and 91, east side of Elm street. There is a:small house and a stable on the property wheih would be suitable for the dairy business. g a total for assets The cash on hand : n as £3,883.24 ; supp 12.04. ‘The propert; balance sheet at $1,]1 i¢, $11.127.61. and pl i] al for assets of ash on hand and ,883.24 ; supplies The property is e sheet at $1,180, 127.61, and plant 58.10. 1 account sto ‘k issued, *of $1,00 a V et( municating paying cost ©000¢9#09#099090890000000000060 0000000900000 0000000000002 ©000000000080000000000900000000000000000900000000 000004 John 1 ©0600000000000000000000000000000000000000000000000000¢ 4 i Talk of the Town $9000900000000000000000000000000000000000000080080000e 900800000000 800000000000000800000080000006000000000000 ©80000000000000000086000090000000000¢0009000000800000006 090600000000009000000 0099 099000000000 00000009 0000909 $0099009000008090000000000090000000000000000000000 00000 oundâ€"a& nNand Schoal medal Owner may ieating with THIRD AVENUE, sIntver MEDAL POUND Lumber, Building Materials Coal and Coke, Mine and Mill Supplies \‘D ronmmeme= A G EM J O [@errmmen S Colonial Stee!l Companies Famous ; RED STAR DRILL STEEL B.C. Fir. Woodâ€"Stave Pipe and Tanks of all descriptions All kinds secornd hand Mining Machinery in firstâ€"class condition. Boilers, Hoists, Pumps, Drills, etce. * Head Office A Diploma from this Conservatory insures your musical standing anywhere. We furnish the violin, mandolin, etc. You p$ay a little each month. A new school is to be opened in the Ansara Block, Timmins, Ont., known as the \ and is to be a~branch of the Sudbury Business College, Sudâ€" bury Ont., in other words one of the Ellen Terry Schools of Commerce which means efficient and capable graduates. The Timmins Business College will occupy the top floor of the Ansara Block and classes will commence Aug. 22nd. Enrollâ€" ments will be made at the College Office from Aug. 15th, to 20th.: The Principal will be in the office from 15th to 20th. from 10 a.m. to 4 p.m. Everyone desiring to take a course should call in, in order that everyone may be prepared to start in the classes, August 22nd. There is room for everyone in your new school, we are expectâ€" ing you. A six month course in the Timmins Business College means a solid foundation to your Business Career. Do not forget the dates of enrollment from Aug. 15th. to 20th. Date of class opening Aug. 22nd. TIMMINS BUSINESS COLLEGE E. M. Terry, Principal ANSARA BLOCK TIM] STARTED TUESDAY, SEPTEMBER 6th, 1921 Come in and see the values offered at this New Store. Parkway Tailors Grand Openâ€" ing here, Friday, September 9th 30 THIRD AVE. Grand Opening Wb ) Timmins Business College New Stock Arriving Daily TIMMINS Phone 10 B Watches, Clocks, Community Plate, etc. All Repair Work Guaranteed. Suits to measure â€"â€" _ â€" â€" _ $25.00 Sole Agency for Timmins â€" _ N. Ansara andsomeé Everything in Jewelry The Up toâ€"date New Dry Good Store ome silver Barnarâ€" for good conduct, ave same by comâ€" ‘he Advance office, advt., etc. â€" 33â€"35 14 Cedar Street, Upâ€"stairs H. F. SCHROEDER, Director H. HORWITZ immins Conservatory N. ANSARA (Between Holl inger Stores). at N. Ansara‘s Yard and Warehouse P.0O. Box 443. A. MATHESON TIMMINS, ONT . TIMMIKRS, ONT. SCHUMACHER Phone 95 TIMMINS. y hi | af 83â€" *Â¥ ¢