Timmins Newspaper Index

Porcupine Advance, 17 Dec 1924, 1, p. 16

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C 5 5 5 t 5 s 4 t S 8 55 THIRD AVENUE Corner Third Ave. and Birch St. PHONE 14 RS .~92E3S * Anprew Wic son 40 22 â€" £ I 1 1 T FRANK BYCK Excavations for cellars, Sewers etc. Contracts of all tak en EMPIRE BUILDING Corner Third Avenue and Birch Street re 14 * y Timmins, Ont. For your Stomach‘s sake you need a treat To the ALLADIN HOUSE, down the street, And partake of food that‘s good to eat, Now when you do, you bet your life, You‘ll sure go home, and fire your wife. Your Truly, A. E. PRINCE, Ex T. N. 0. Ry. Steward. THE ALLADIN HOUSE LEO MASCIOL CONTRACTOR Frank Byck Still the Most for the Money "‘The National Smoke" to eat dear old Santa Claus will bring you from Bycek‘s grocery store. He always comes here for lus food _ supplies, knowing that our quality cannot be excelled, and that our prices are so reasonable. Stock up for the holidays. Phone No. 321 Dominion _ Secenmities â€" Corporation, Wood, Gundy Company, and A. E. Ames Company. Decided to Pass Up U.S. Market ‘* Already a very wide distribution is assured at a price to the public which will make it an attractive inâ€" vestment. It was quite open to=the company to secure the requisite funds in the United States on terms equally favorable, but in view of the interest in the company‘s securities by Canâ€" adian investors, as evidenced by the increase in the holdings of it comâ€" mon stock and bonds, the directors were glad to be able to make the isâ€" sue a Canadian one.‘‘ These 4/% Secured Notes are one of the highest grade and most thorâ€" oughly prptected securities ever ofâ€" fered in tlhe Canadian market. They are a direct credit obligattion of the sold in London at 118%, to yield only 3.37% at a time when divect Dominâ€" ion of Canada long term bonds were selling at approximately the same ‘basis. Following upon the succeess of the Dominion Government in refunding its maturing War Loan issues in the domestic market, the Canadian Paciâ€" fic Railway Company issued $12,000,â€" 000 Collateral Trust Bonds in the spring of the present year. Although new to the average Canadian investâ€" or, these Bonds quickly reached a price comparable to the price of Doâ€" minion â€" of Canada Victory Loan same way as was adopted save that the issune will be . lice character instead of stricted to partiapation y shareholders. price con minion Bonds. | fore, tha offer thi Not in Need of the Cash Following is the statement as sent out from the office of President E. W. Beatty: ‘‘The company is anot short of funds by any means, its bank account bheing of very comfortâ€" able proportions, but it has for many years bheen the company‘s policy to maintain a strong position in its cash resources, and, considering the magâ€" nitude of the enterprise, Ithis is manâ€" ifestly prudent. Works of improveâ€" ment in contemplation to provide for its traflic and for the betterment of existing facilities will require a conâ€" siderable sum in the near future, and to meet these expenditures and to provide ample working capital fon other purposes the directors of the company have decided to make an issue of note certificates in much the Company Decides to Invijie Dominâ€" ion Investors. Secured by Land Sales. Montreal.â€"An â€" official _ announceâ€" ment was issued following a meetâ€" ing of the Boand of Directors of the Canadian Pacific Railway of the isâ€" suance by the company of $30,000,â€" 000 45 per cent. note certificates, secured by â€" deferred payments _ on lands. NEW 1GSUE BV G. P. R. NOW IN GANADIAN MARKET THE PORCUPINE ADVANCE, TIMMINS, ONTARIO T the company‘s securiâ€" ‘a is desirable from all the company has sold * a strong Canadian finâ€" not â€" sunprising, thereâ€" company arranged to ger issue in Canada. ates In much. ti1c idopted in 1914 n©o )1 the ‘‘Tin Isles." The mining histories of Spain, (Greece, Italy were dwelt on and the speaker came on down the centuries until the nineteenth was reached when the discovery of gold in Caliâ€" fornia in 1848, of silver in Nevada, of gold in Australia in 1851, of gold in South Africa and the last great gold rush to the Yukon in 1898, all drew men to these new places and opened up hitherto unknown parts of the world for settlement and eivilâ€" ization. Summing up, he said, ‘‘‘The Story of civilization, is the story of man‘s use of the metals. The whispermg wires that cover the world, that carry the converted energy of the mountain torrent to light our homes. The great machines countless _ in their complexity, ‘that do the heavy work of man. The bridges; the towâ€" ering buildings; the iron roads by which we cross continents; the great ships that ecross ‘the waters; the boats that dip beneath the waves the ships that fly ‘through the ain; the marvelous instruments that are revealing to us ‘the secrets of naâ€" ture, all these have been made posâ€" sible by the use of metals and for this reason I say that mining has led As men went farther afield in search of metals the British Isles were reached and with the discovery there of tin in Cornwall were first called the. ‘*Tinâ€" Isles:"‘ in the van of civilization A bed at home is worth two in a hospital. The offering is timely, inasmuch as the Dominion Government issued only $30,000,000 of long term bonds to reâ€" place $107,000,000 of maturing Vieâ€" tory Bonds, and it is evident that there is available large sums of money whose owners desire the highâ€" est grade of security. The present offering of Canadian Pacific Railway securities _ will meet these requireâ€" ments. It is expected that the issue will ‘lIn Aa Jlarge degree, mining nas been the pioneer that has led the van in the civilization of the world!‘"‘ This was the statement made durâ€" ing an able addmess by Mr. R. H. Hutchinson, Director of Sudbury Mining School, in speaking at the Methodist Young People‘s Associaâ€" tion recently, according to The Sudâ€" bury Star. Mining, agriculture and fishing have been the basic indusâ€" tries, he argued, and the collapse of any one of these thyee has affected all. ‘Speaking on the history of mining Mr. Hutchinson took â€" his audience back through ‘the vears to MINING HAS LED IN THE PROGRESS OF CIVILIZATION It is expected that the issue will be quickly absorped by all classes of investors. ‘"In a_ large degree, been the pioneer that has in the civilization of the GIFTS that are USEFUL APPRECIATED Earthernware Teapots, Pyrex, Safety Razors, Carving Sets, Pocket Knives, Scissors, Sewing Baskets, Luncheon Baskets, Beds, Dressers, Comfortable Chairs, Library Tables, Chesterfiek] Suites, etc., etc. Wearâ€"Ever Aluminium Ware, Tea Kettles, Double Boilers, Roast Pans, Saucepans, etc., etc. THE NEW HARDWARE STORE Our Mottoâ€""Here to Satisfy." .Minthorn Block, Main Street, One Block West of Eplett‘s Ice Cream Pa,ctqr_y. has . Hoggarth 0;0 < 17 Pine Street Phone 430 "- .0 ## *# @ *#,. *% ’00 # #+4 # «6 #4+ * # #* # ©° ## # © 4 © #4 @ # Â¥4 * C3 #* * # *4 *# + #* *# # #* * # #4 #@ + #4 # + #4* # # #* # + *4 *# © @4 *# L3 #4 *# # #* *# La #* + La #* *# #* # 4 #* *# #© #* *# © Â¥e ¢ # #4 # *# %4 *# # #* *# # #+* *# *# #* * Li 44 *# *# #4 # *# *4 * ** #+ # € #+ * ¢ #+* * #% %#4 *# *# #* * *4 + * #4 # *# #* * La ## * % #*4 * h #4 # *# #4 4 4 o“o $ onoofloouooo x CC 282 28. 2%, 18. .* w @. v.'..'..’..0‘...0’0080‘0‘0‘0‘0’.’0:.’0.’?.’"‘0’ Do Your Xmas Advertising Now GORDON BLOCK TITMMIN S William 0. Langdon The cold weather is not far of| What could be more comâ€" fortable than a cozy furnished home on a cold winter‘s evening. Why not let us buy some of your old furniture which is beginning to look shabby.â€"We buy anything in the line of furniture, arnd will allow you liberal credit on the purchase of new goods... Our line of furniture and household furnishings is very completeâ€"You are welcome to call and examine our assortment of livingâ€"room, diningâ€" room, bedroom and kitchen furniture at any time, without obligaâ€" tion to buy. We have some very special bargains in bedsteads, springs and mattresses in all sizes; as well as in floor coverings,â€" carpets, linoleums and ‘Congoleum squares. Call at our Storeâ€"17 Pine Street (The only Furniture Store in thq P. M. Bardesoni Block), and compare prices. If You Buyâ€"We Sell $ If You Sellâ€"We Buy Barrister, Solicitor, etc. BANK OF MONTREAL Notes in circulation ... ... Deposits .5« n Letters of credit outstanding Other ....â€".... pondents elsewhere than in Canada...... Call and Short loans on BEBonds, Debentures s se ie q k ie kess ie e o+ Dominion and Provincial Government Securiâ€" thes : s 3 hk o s e e e o ts es ie s o e a n i a ioh‘ Railway ard other Bonds, Debentures and Stocks:. . s s s e ie aon ied s Caradian Municipal Sequrities and British, Foreign ard Colonial Public Securitics other than Canadian; ... s n‘ Notes and cheques of other Banks ...... United States and other foreign currencies .. Loans and Discounts and other Assets ;. sls ns ie a\a ies Liabilities to customers under letters of Gold, Dominion Notes, and Silver Coin .... $ 94,996,723.53 Deposit with Central Gold Reserve ........ 14,000,000.00 Balances due by Banks and Banking Corresâ€" Excess of Assets over Liabilities to public.‘..... .. aisis‘r‘soais s Northern Furniture Exchange credit (as per contra) . Assets and Liabiliti Established over 100 years M. J. Brovender, Proprietor LIABILITIES TO PUBLIC 31st October, 1924 Â¥* # # *4 * * # *4 * # *#* *# + w# ## # La # “.O' ®# # Lad #4 + #© # # #4 ##* + La *#* Summary of for Sale at STATION TI€KET OFFICE Information re Passports, etc., GHadlv Furnisghed TICKETS ALL . $56,632,372.25 TIMMIN®S, ONT. ©748,836,088.56 $ 39,306,908.00 641,027,425.43 11,003,562.70 865,820.18 $692,203,716.31 42,392,715.21 30,772,635.38 650,833.03 259,515,557.60 9,809,000.00 118,188,540.98 69,517,496.89 91,612,453.73 11,003,562.70 6,385,569.34 * °C 88. h. JA .ts ,**, * .oo.“.“.“.“.“ «*s

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