Timmins Newspaper Index

Porcupine Advance, 11 Sep 1930, 1, p. 3

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*..*, *# w *# #*4 # L testes # La #* ® # :o «Suatve «les #* ## ® + *# # # ## # # ## ‘"‘The T. N. O. trains can be seen for forty miles from the time they are first seen until they disappear. "The Ferguson highway can be seen for stretch of 25 or 30 miles. ‘"More farm area and farms can be seen than from anywhere else." Then Mr. Preston‘s philosophy comes in. "Yet it is so quiet," he continued. "Canada has only twelve million people and yet therse is so much unemployâ€" ment. The U.S.A. has 130,000,000 and nct so big an area as Canada. This Worthern Ontario should have twelve miillion people alone." The Stage Manager: "My dear, I wish you would wear a different gown in the second act." Mabel: "But that is the latest style and I paid two hundred dollars for it." Stage Manager: ‘"That may be true, but when your husband says, "Woman you are hiding something from me," the audience can‘t figure out what he means‘" . Customer: ‘"Didn‘t you tell me this horse was afraid of nothing?" Dealer: ‘"That‘s just what I said!" ‘"Why, he shies at his own shadow!" ‘"Well, a shadow is about as near nothing as anything I know of!" Huntingdon â€" Gleaner:â€"This story comes from Boblo, a popular summer resort, outside of Toronto. One day recently, when the mercury was hoverâ€" ing around the hundred mark, a young Scotchman approached the bath house mamager and asked for a bathing suit and the customary two piece suit was nanded to him. "How much?" said he. *"‘Ten cents," said the manager. "How much for the shirt if I wear my own drawers?" came back the wouldâ€" be bather, and the attendant fainted. some eighteen miles south; to Porcuâ€" pine, thirtyâ€"five miles west; to Rouyn some fortyâ€"five miles east; to the Harâ€" ker and Lightning River mines, eighteen miles northâ€"east; and the Matachewan, some thirtyâ€"five miles southâ€"west. All these places may be discerned from the big tower on clear days. -Speaking further of the long disâ€" tances that may be viewed from thne tower, Mr. Preston says:â€" During the past summer, i. A. FFeSâ€" tor, the wellâ€"known oldâ€"timer of the North Land, has been the fire ranger stationed at Cook Mountain. From the fire rangers‘ tower at Cook Mountain, Mr. Preston says, it is possible to get a longer view of the North Land than from any other vantage point. Mr. Preston ought to know. He knows his North from personal contact and from long experience, and moreover he has the faculty of observation and underâ€" stands what he sees. Further, he is philosopher. A rough sketch sent by Mr. Preston to The Advance shows the tower at Cook Mountain, with lines drawn to the Croesus Mine to the north, six miles; to Kirkland Lake, Long Distance View From Tower of Fire Rangers B.S.A., B.V.ScC. Specializing in â€" small â€" animals, including, Fur Farming, Parasitic Diseases, Nutritional Diseases (feeds and feeding), Anagesthetics It can also burn 22" wood. The fire box is designed for burning coal or wood, and is of the oval type. The porcelain enamelled electric oven is in the lower position, while the coal oven with adjoining warm â€" ing closet is in the elevated position. The complete range is conâ€" structed with all boits and door hinges concealed. Have You Seen the New Combinaâ€" tion Coalâ€"Electric Range of Outstanding Merit? secondâ€"hand Baby C Your Old Stove will be taken as a Part Payment on this New One. Tea Served each Afternoon from 3 to 6 o‘clock The draw for The Ideal Hardware Co., Limited . H. Kennedy e 02 Under the Auspices of Paints, Furniture, Crockery, Screen Doors, Water Hose, Refrigerators, Etc., Etce. HOT DOGS SERVED EVERY EVENING Skating Rink, Timmins September 16th, 17th and 18th Large assortment of Fancy and #..® «**«* *4 ** * # ** # LJ #4 *# # *# # # ## + + ## # 4 ## # 4+ ## ## # # #4 *) _ v‘ .0 *4 4 #4 ® # *4 #* w # #« w # $ 6.# @ naby Carriages, repainted to sell from $8.00 to $12.00 and a special 20 p.c. discount on all new ones. the Chevrolet Coach which was scheduled for Sept. 6th has been postponed until Sept. 18th. â€"Exchange â€"Exchange H. A. Preésâ€" the Ladies of the Church of the Nativity WWe i) i) ommc id $ smm t i # # .:. #.# * For over three hundred years previâ€" ous to 1684 the Polish people were harâ€" assed by attacks from Russia, Germany and Turkey, the latter being the most aggressive. In 1684, their foes were decisively beaten and crushed, and Poland enjoyed some years of, comâ€" parative peace. In the years from 1771 to 1795 a. ceries of battles took place which resulted in Poland being divided between Austria, Germany and Russia, although the spirit of the people. reâ€" mained unbroken. At last the Great War seemed to obliterate all chance for the Poles to regain their independence The contending armies swept the counâ€" try from end to end ten times, and there seemed to be nothing left, but the indomitable spirit of the psople surmounted all cbstacles, and toâ€"day the Republic of Poland is recognized as one of ‘the smaller powers in Europ‘. Father Sowinski‘s address was much appreciated by ths members and evokâ€" ed some interested enquiries. Secretary Wilson read letters from the Liskeard Club and from Ralph Taylor, Lieutenantâ€"Governor for ths Northern Division. It is possible that arrangements may be made for an inâ€" terâ€"club meeting of the Northern five â€"Timmins, Cobali\ New Liskeard, Kithâ€" land Lake and Noranda,â€"in the near future, and there is a likelihood bf new clubs being sponsored at Cochrane and Kapuskasing. Mrs. Watt: "William, will you never get that string untangled for me?" Father Sowinski briefly but compreâ€" hensively traced the growth of the Polish people from a vassal state to one of independence as it is toâ€"day, and pointed with pride to many of her sons who were famous through great achievements, from King Boris, who in 1364 established at Krakow the first university in Central Europe, to Ignace Jan Paderewski, who was known for many years as the world‘s most brilliâ€" ant pianist and composer and then beâ€" came Prime Minister of his native country Poland. Father Sowinski remarked that the name "Pole" was used rathsr indisâ€" criminately, with results that were misâ€" leading, in describing immigrants from Central Europe. It was a common imâ€" pression that there were several hunâ€" dred Poles in the Porcupine distric:, but the fact was that there woere only about seventyâ€"five men in the district of purely Polish birth. Pembroke Standardâ€"Observer:â€"Buyâ€" ing only Canadian goods would soon give work to Canadian workmen but will we do it? William: "Well, I‘m doing thirty knots an hour now!" The address at the Kiwanis luncnâ€" eon on Monday was given by Rev. Father Sowinski, priest to the Polish people of Timmins, and proved to be one of the most interesting talks have been made to the club. REV, FR. SOWINSKL GIVES ABLE ADDRESS ON PDLAND One of the Most Interestinggzu( Enâ€" joyed by Kiwanis Club on Monday. Some TIluminating Sidelights on Poland and the Polish People. Useful Articles on Sale â€"Exchange | _ ability of a large percenlage 01 hydroâ€"electric public utility corporaâ€" itions to maintain their progress in carning power during a period of busiâ€" ness reaction when recessions instead | of gains in profits have been the rule iin most lines of enterprise has been one of the outstanding incidents of the lcurren* year in the financial world. A feature of the Current Statement is the more liberal policy pursued by directors in presenting the report to shareholders. In last year‘s report a list was submitted of 27 companies in the securities o which the bulk of the cutside investments were vested; the report under review goes much further and gives a full list of all investments with the commitment in each security. The list is classified acâ€" cording to the various classes of securiâ€" ties and shows public utility issues reâ€" presenting a*‘substantial proportion 0> the aggregate investments. The profit and loss account reveals revenue for the year at $2,784,681 which compares with $1,947,590 for the preâ€" ceding period and $849,871 for the year ended June 30th, 1928. Profit on sale of securities is lower at $918,231 as compared with $1,364,514, but gross earnings remain higher at $3,702,912 as against $3,312,104. After expenses, taxes, and interest, net earnings of $2,478,958 compare with $$2,445 829, and deduction of common and preâ€" ferred dividends leaves balance sheet surplus up at $3,491,304 férom $2,502,919. In the balance sheet total assets are shown up at $49,596,291 frorm $46.963,â€" 044. Investments in affiliated comâ€" panies and other investments are both higher, the former at $18,920,222 from $16,526,913,. and the latter at $30,119,962 from $29,504,222. Accruables are down sharply at $440,021 from $793,857. Among the liabilities, loans ars up al $3,500,000 from $1,945,904; payables are lower at $1,232.925 as compared with $1,938,101; while accrued dividends and interests are up at $595,806 from $230,â€" 000. Funded debt is lower at $12,673,â€" 700 from $14,979,500. The statement reveals further healâ€" thy expansion in all directions achievec by the Corporation, revenues, gross earnings, and net earnings again showâ€" ing substantial gains, while the balance sheet indicates continued both in operations and investment activities. Earnings applicable to the outstanding common stctk, at $4.21 a ‘share, are somewhat below the per share earnings for the preceding year, but the numver of shares cutstanding have, in the meantime, been increased to 445,806 from 295,557. â€"It is a notable fact that the operating revenues showed a gain of over $800,000, or arcound 40%,. One of the interesting features of the Power Corporation‘s group of investâ€" ments is that the financial interests which organized and have developed it to its present satisfactory state of affluence are identical with the develâ€" opers of the properties in whose securiâ€" ties Power Corporation holds a subâ€" stantial interest. Their dual interest is an assurance that they will continue to have the same brand of efficient management as in the past years and this in turn is a guarantee for the genâ€" eral body of shareholders. In presenting the report to shareâ€" holders, president A. J. Nesbitt refers to the investment portfolio of the corâ€" poration as fcllows: It will be seen from the annual reâ€" port that the revenue enjoyed by the Corporation is at the highest level in its history and that its position is strong throughout. It will be notea that it was generous with shareholders in the matter of dividends. The only recession shown is the percentage earnâ€" ed on the common stock and this is due to the increased volume of shares now in the hands of investors, partly through the distribution of a stoOck dividend. 4 "The assets of your corporation conâ€" sist of cash on hand, call loans, (securâ€" ed), and security investments made up of bonds and preferred and common stocks of leading public utility and inâ€" dustrial companies in the following proportions as at June 30th, 1930: Preferred Stocks en ©4.000f Bank Stocks ... / 10008 Commen Stocks ... 62.000%, Cash and Demand Loans ......... 11.35 C A list of the holidings of security inâ€" vestments will be found in another part of this report. Their geographical disâ€" This readily accounts for the success and growth of the earning power of Power Corporation of Canada, Limited, which has just issued its annual reâ€" port for the fiscal year ended June 30 last. A study of the figures presented by the management, shows by compariâ€" son with preceding years that it is not suffering to any marked extend from the general recession in business. This speaks well for the success of the comâ€" panies in which it holds large investâ€" ments. It will be seen from the annual reâ€" 100,.0007, "Over of these assets are interâ€" est or dividend bearing." The basis of a great deal of the popularity with investors in that class | of securities has been the steadiness of ; the growth of business even in lean | times, thus demonstrating that apart from the natural increase in the uses to which electricity is being put, the | service is one of the most stable of modern times. This is evidently one of the services on which the ptublic is' not disposed to curtail. | Annual Statement Shows Corporation Continues It; Consisient Growth,. Earnings â€" Steadily Mounting From Year to Year. Notâ€" able Gain in Total Asâ€" sets of Concern. TFE ADVANCE, TIMMINS, ONTARIO C 1.68 0 €62 05(7 11.35 C Turning to the operating end of the corporation‘s activities, president A. J. Nesbitt says, in part: "The affiliated companies of Power Corporation have all shown steady proâ€" gress. Extensive developments are unâ€" der way by several of the companies to provide for the increasing power deâ€" mand created by industrial expransion throughout areas served by the respecâ€" tive companies A brief summary of some of the companies which your corâ€" proration controls or with which it is closely affiliated by management or shareholders is given hereunder: Canada Northern Power. "Supplies light and power through its subsidiaries, Northern Ontario Powâ€" er Co. Ltd., and Northern Quebec Powâ€" er Co. Ltd., to the mining towns and districts of Northern Ontario and Northwestern Quebsc, embracing such worldâ€"famed distriets as Cobalt, Porâ€" cupinge, Kirkland Lake and Noranda. The demand is rapidly absorbing the available output of the existing plants, and the development of a new site at the Upiper Notch on the Montreal River of 13,000 h.p. initial installation is unâ€" der way and is expected to be completâ€" ed this fall. A new 32â€"mile transmisâ€" sicon line connecting this plant with the Quinze Power House is under conâ€" struction. The groundwood pulp mill of the Northern Ontario Company at Haileybury has had an active year. Ssouthern Canada Power Company, Limited. "Serving light and power to the Eastâ€" ern Townships of the Province of Queâ€" bec, including such centres as Drumâ€" mondville, St. Johns, St. Hyacinths, Richmond, Farmham, Granby, ant Rock Island. General prosperity is pmreâ€" valent throughout the area served ano new industries are locating in the variâ€" ous towns. During January, 1930, the new power generating station at Burâ€" roughs Falls, near Ayres Cliff, was put into operation. This modern plant, equipped for automatic cperation, adds 2,000 h.p. to the company‘s installed generating capacity. Electrical Merchandise Sales. "In this year‘s competition under the auspices of the Canadian Electrical Asâ€" sociation, open to all power companies in Canada, the merchandise stores of United States ... ... 16.1007 British Empire (Exel. Canada) 1.200 Foreign (Excl. U.S.A.) .;........ « 1000 100.00 0¢, "The market value of the securities held by your corporation as at June 30th, 1930, was well over the book value. The shares of your corporation and those â€"of its affiliated are widely distributed and held by invesâ€" tors in all parts of the world." tribution at the same date was as folâ€" i ul ue d usc in on se abna ie eB ue abects . * 42. # # Â¥â€"Â¥ Â¥ *Â¥ # *# *# * mwiril Ink MARKET pussing on the savings to you. "Ir‘s Cheaper Today â€"â€" the Dominion Stores Way" Corned Beef For Your DR OP PERSONAL SERYVYICE A â€"wonderful delicacy with a zest and a tang that is appealâ€" ingly different. The fa2mous Fray Bentos Rrand. Thinly sliced. Economical and nourishing. c ound : Choice, plump halves of sclected peachesâ€"packed in pure, sweet, heavy syrup. Cauzht in the cool depths of the Aatlantic off the coust of Nova â€" Scotia. Packed _ under rigid supervision. By the Pound 15.100 16.100 "‘The detailed reports show in a limited way the interest and work of your corporation. During the short period of five years that it has been in existence your corporation has attainâ€" ed a strong position in the Public Utiliâ€" ty field, holding, as it does, an interâ€" est in practically every Public Utlility company in Canada, as well as being active in the promoting, building, finâ€" ancing, and serving of industrial deâ€" velopment in all areas in which it operâ€" ates." companies affliated with Power Corâ€" poration won 27 places out of the first 32. QOut of the 61 stores entered in this competition, Southern Canada Powser Company claimed 18 places, Canada Northern Power Corporation 6 places, and Dominion Power Transmission Company 3 places out of the 32 stores having the highest sales. "This phase of business adds materiâ€" ally to the revenue of the companies through consumption of current by the electrical devices sold, as well as affordâ€" ing the purchasers guaranteed articles of high class electrical merchandise. Recently a Russian employed on the T. N. O. as section hand created a disturbance at a dance. According to the reports he arrived at the dance in good spirits and with good spirits in him. During the evening he developec an ugly humour, however, because a young man at the party was paying too much attention to one of the young ladies present, to whom the Russian apparently had taken a sprcial fancy. The Russian threatened the life of this young man and it was with considerâ€" able difficulty that the Russion gentleâ€" man was persuaded to leave the party and go home. Returning in an hour, however, changed into old clothes and apparently sober, but armed with a butcher knife and with temper, in a rage he vowed to carry out his to kill his alleged rival. His quarry had, however, already departed anc there was a "scatteration" of the few remaining guests. The Russian reâ€" mained at the house and let off stcam by crashing in a window with a plank. In response to a phone call two Proâ€" vincial Police of the Cobalt staff arâ€" rived at about 4 a.m. and took charge of the disturber. Appkaring in police court later the Russian paid about $76 for his share in the performance. The incident, which is said to be only one of a number of the same kind of tactics from this same fellow suggests the question:â€"*‘"Why does the T. N. O. employ Russians and other foreigners when there are so many Canadian and other British people unemployed?" RUSSIAN PAYS HEAVILY FOR DISTURBINXG DAXCE Sealers Fresh and Full Flaysred Preserving Wrapped at the Ovens for your protection. "It‘s cheaper todayâ€"the Dominion Stores Way" Zinc . ... Doz. 1 ic Rubber 3 Doz. 25¢ Smalil ..Doz. $1.05 Medium Doz. $1.19 Large .Doz. $1.55 QUALITY Quickly Served and Most Wonderfully Nourishing All kinds except Chicken and Chicken With Rice Noonâ€"Kiddies home from school â€"houseâ€" wife in midst of numerous duties. Serve Aylmer â€" Soupâ€"quickly pregaredâ€"nourishâ€" ing and satisfyingâ€"try a can today. Only Marmalade %}" 23¢ Catsup Wheat Soap Pineapple OXO Cordial Lemon Oil Molasses Floor W ax Custard Powder Heinz Tomato "It‘s cheaper todayâ€"the Dominion Ktores Way" Quaker Puffed Vacuum Pack Delmonte Bird‘s English Palmolive Shirriff‘s Orange Singapore Sliced Aunt Dinah Perfection Hawe‘s and our customers cash in on the savings. No waiting until old stocksâ€"bought at higher pricesâ€"are cleared. We buy and sell at the market, and the benefit of this method is imâ€" mediately reflected in your weekly food bill, through eur policy of passing on the savings to you. | | m“m“m“mnowoonomoomwwomonoom: CE 466 %%#¢+% For Sure Results Try Our Want Ad. Column Pembroke â€" Standardâ€"Observer:â€"An agitation is under way in New Brunsâ€" wick to urge the Government to allow municipalities to tax the liquor stores. There are cortainly many good reasons why liquor stores should pay taxes, and we do not know of one reason why they should be exempt. Village Ancient: "No, zur; Oi wo not be turned eightyâ€"four if Oi did? some one to pluck." Dr. Lion: "Now, Micky, tell me the names of some nuts." Micky: "Cocoanuts, brazil nuts, and forgetâ€"meâ€"nuts." Tourist: "Do you get much in the way of motor traffic down here?" No. 2 Tin Large Bottle 6â€"0%. BRoitle Bottle l‘ Good coal is stored sunshine. Let‘s fill your bin while prices are lower, 1â€"!b All you pay for is cutting, storing and delivery,. Our ice â€" pure, healthful and noiszless refrigeration Pkg. For 623¢ 223C 14¢ 45¢ PKkg COAL â€"Exchange | _ Nothing wears you out more quickly 1 me the| than a period of wakeful, restless nights or fitful sltumber marred by unpleasant nuts, and drearmns. The cause is often digestive disturbance and the remedy is a little "Bisurated" Magnesia after the last | meal or before going to bed. This ver:â€"an | calms the stomach, neutralizes excess * | acid, banishes the fermenting unrest w BruNSâ€" | and induces healthy, réstful slumber by ; to all0w | the sensible means of producing peaceâ€" or stores.| ful normal digestion. "Bisurated" d reasons| Magnesia is obtainable at any good axes, and | drug store in either powder or tablet ison why| form and a simple trial will prove its Exchange Oi would Fresh Fruits and Vegetables Selection of Fish in the North. We Carry the Finest Round Steak, Ontario Steer per lb. Leg of Spring Lamb per 1b. Golden Bantam Corn Fresh Meats Ontario Potatoes 17 Wilson Avenue PHONE 710 value beyond question Wakeful Nights From Indigestion 26 Third Avenue PHONE 798 whole or half, per Ib. Cooking Onions Cooking Apples Tokey (Grapes per Ib. Thursday, Sept. 11th, 1930 Leg of Pork Schumacher PHONE 220 Pigs Feet per lb. 90 lbs., bag per dozen 5 Ibs. for 7 lbs. for 25¢

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