Timmins Newspaper Index

Porcupine Advance, 27 Nov 1930, 2, p. 2

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A A A AA A ‘4 A ‘ficsxsmmxam $§$SS$SS$SS$§S§$SX\S\SSXSSSSSSRX mm .2 ) ((((((((( Thursday,_ {chmogggggggfiwggggfiugggfiufiggggfi gggggggfiugggg GOLDFIELDS THEATRE MATINEE DAILY AT 2.30 PM. EVENING AT 7.00 P.M. (CONTINUOUS PERFORMANCE) Complete Change of Programmeâ€"MONDAY, WED., FRIDAY Watch Announcements on Screen for Midnight Shows WEDNES. THURSDAY, NOVEMBER 26-27 Lupe Velez Her greatest role to date Blizzards and avalanches motivating a powerful plot telling of two kinds of love ' COMEDYâ€"“For Love or Money” ADDEDâ€"“My Lady Love” Mickey Mouse Cartoonâ€"“MICKEY’S CHOO-CHOO” FRIDAY and SATURDAY ,NOVEMBER 28-29 Mam‘lce Chevaller APPROVED “U" When he kisses like thisâ€"they fall like that. Again Maurice brings the ladies that new kind of loveâ€"‘WOW ! ! COMEDYâ€"“Let Me Explain“ ADDEDâ€"“Chords of Memory” ADDEDâ€"“Good 01d Summer Time" Fox Movietone News Midnight Show, Sunday, Nov. 30th â€" Showing Above Programme MONDAY and TUESDAY, DECEMBER 1â€"2 REAL DANGERS APPROVED “U” Made in the Temagami Forest of Northern Ontario. Thrillsâ€" PRIMAL LOVE AND WILD ANIMALS Comedyâ€"“Accidents wm Happen” Paramount Sound News WEDNES. THURSDAY. DECEMBER 3â€"4 Laura LaPlante and John Boles The hero of “Rio Rita”â€"the heroine of “Show Boat”â€"in a charm- ing yet powerful musical romance inspired by that historic war songâ€"“The Marseillaise" FRIDAY and SATURDAY, DECEMBER 5â€"6 Ronald Colman Actâ€"“D0 IT NOW" “RAF?LES” The thrilling romance of London‘s suave super-criminal who loved to steal and stole to love. Comedyâ€"“We’re in the Army Now" Addedâ€"“Mountain Melodies” Fox Movietone News Mouse Cartoonâ€"“Wild Waves" Dec. 8-9â€"“Be Yourself" COMING ATTRACTIONS: Dec. l2-l3â€"“The Unholy Three” December lSâ€"lGâ€"“With Byrd at the South Pole" Dec. 17-18â€""Soup to Nuts" Dec. lS-fiOâ€"“What a Widow" THIS SATURDAY NOVEMBER 29TH United Church Bazaar 3 to 7.30 pm. “CAPTAIN OF THE GUARD” Nov. 27th, 1930 TALKING PICTURES AT THEIR BEST “PLAYBOY 0F PARIS ” “THE SILENT ENEMY ” SOUND HOT SUPPERâ€"50c “ THE STORM ” )W" Addedâ€"“HUNGARIAN GOULASH" Comedyâ€"“SUGARPLUM PAPA" REAL INDIANS Warm flunk in USA ACfiON IN IN Dec. lO-llâ€"“The Divoroee” SYSTEM REAL ROMANCE The harvesting of Christmas trees has developed into quite a business in Canada. Some of these trees are shipped from this North Land. chiefly in the North Bay area. while New Brunswick has had a big trade in past years along this line. This year the Christmas tree business has not been HARVESTING CHRISTMAS TREES QUITE A BUSINESS so good as in recent years according to reports. According to reports from New Brunswick the cutting of Christ- mas trees in the Maritime Provinces! and particularly in New Brunswick‘ is not being carried on to the same ex- ‘ tent as in other periods. This is due to several reasons among them being busi- ‘ ness conditions and the fact that ini other years many more trees have been exported that have found a mar- ket. Just what efiect the present in- dustrial condition will have upon the! Christmas tree trade is not yet de-' finitely known. Although some people probably will dispense with trees dur- ing the holiday season, others, through iunemployment or short time of occu- pation, will undertake the retailing of Christmas trees as a sidedlinse and may increase the general bulk of business. It is said that the Albert county dis- trict, N.B., has been pretty well out over. Last year a great many carloads were shipped from Albert station and other points. The market for the trees opens in October. In that month a regular little army of men treks to Canada from the United States for the purpose of organizing crews of men who will search diligently in all suitable places for just the right types of fir trees that that will make nice, bushy Christmas trees. Thousands and thousands of dollars come annually into Canada from across the border to be spent in the Christmas tree business. Whole train loads of Christmas trees will cross the boundary for the main US. markets along about Dec. 1, and from now on little hands of men will search, cut, tie in neat bun- bles and store stacks of Christmas trees, which will be brought to light later and loaded and sent away. MATINEE DAILY AT 2.30 P.M. EVENING AT 7.00 P.M. (CONTINUOUS PERFORMANCE) Complete Change of Programmeâ€"MONDAY, WED., FRIDAY Watch Announcements on Screen for Midnight Shows Wed., T11urs., Fri. and Sat. Nov. 26, 27, 28 and 29 The technicolour in this production is the finest you have seen to dateâ€"Ziegfed’s tremendous Broadway stage success Comedyâ€"“DOCTOR’S ORDERS” FOX MOVIETONE NEWS Midnight Show Friday, November 28th at 11.30 p.m. MONDAY and TUESDAY, DECEMBER 1â€": Nancy Carroll She WEDNES. 8: THURSDAY. DECEMBER 3â€"4 W'ith Marian Nixon, Jack Whiting, Guinn Williams and Frank McHugh What a line she has. and wh_at_ xi formation. Half the football team VIIWU w a.-- v ‘1 --â€" -~.â€"_ falls in love with herâ€"fighting each other for her favours. Comedyâ€"“SOME BABY” Addedâ€"“GOLDEN PAGODA” Cartoonâ€"“FLIP THE FROG" Reviewâ€"“FIDDLE STICKS” FRIDAY and SATURDAY, DECEMBER 5â€"! Eddie Dowling, Betty Compson, Henry B. Walthall and Frankie Darro IN The strange story of Eddie Williams, the singing soldier who re- fused to kill in battle an enemy soldier whom he shot down like a dog after the warâ€"Of course there was a woman in it. COMING ATTRACTIONS: Dec. 8-9â€"“On Your Back” Dec. lO-llâ€"“Way of All Men" Dec. 12-13â€"“Once a Gentleman” Dec. lS-lSâ€"“Sea Wolf” Dec. Humâ€"“Scotland Yard" Dec. 19-20â€"“Scarlet Pages” Dec. 22-23-24-â€"“Road to Paradise" Bec. 25-26-27â€"“Common Clay” Dec. 29-30-31â€"“Follow Thru' ” 'omedyâ€"“I’LL TAKE THAT ONE” LATEST TALKING, SINGING AND DANCING PICTURE “COLLEGE LOVERS” “BLAZE 0’ GLORY” SOUND “L AUGHTER” “WHOOPEE” Eddie Cantor’s THEATRE Wuurl [loam inâ€"flSA Achou Writing from Elk Lake Ont.,1astI week, H. A. Preston. well- known old-l timer of the North says: â€"“Porcupine. Kirkland Lake and Elk Lake should all have a road to Matachewan, because Teach place is just about the same dis-l itance from the new Eldorado. and be-! tween each one all the country is Al‘ mineral formation. and the more roads est of the T. 85 N. O. the better. as! they will connect all the camps and one helps the other. When Sudbury is con- nected we will have the finishing touches that will make things boom, not Ionly in the mining game but for the hunter and fisherman and tourist. lAnyone from Timmins or Kirkland Lake will only have to motor a short way to get all the fishing they want. When 1 I was in Matachewan five years ago and :helped stake claims I noticed so many formations as stated in last week’s Ad- vance. and it happens that the claims Better to Have Several Roads to Matachewan I speak of are only six miles southwest‘ of the Ashley-Garvey new find and ex- actly ten miles north of McIntyre’s new Pigeon Lake discovery. Several large moose heads have been sent out of the Elk Lake-Gowganda district and the meat of them went with the heads. It pays to have a road close to the hunt- ing grounds. Several old-time pros- pectors from outside are still to be seen around these parts. Several. men are at work on the Elk Lake road to Mata- ‘chewan and on Thursday a big bull moose was seen standing a short dis- tance away watching operations.” TWO HUNDRED POUND DEER NEAR FERGUSON HIGHWAY The Haileyburian last week says:-- “Lorne Berry and Jack Gordon, two Haileyzbury boys, got a fine deer last week near the Ferguson highway about four miles below Granite lake. They had followed it through thick bush for a considerable distance, but were finally successful in making a bag. It is claimed that it weighed over 200 pounds but the boys found it necessary to cut up the carcass before bringing it home” FOX MOVIETONE NEWS SYSTEM HAGUE 0f NAUUNS NUW FEARS SHURIABE 0F GUN] Very Gloomy View Taken of the Slum- aticn in Regard to the Production of Gold in the World. Time to Cheer Up! Reference has been made in past 15-! sues of The Advance to the attitude of l the League of Nations on the matter of ' the world’s gold supply. The League of Nations may well be told to cheer up: that the North Land is still here and, doing well. and that the chances for further material sources of gold being found here are excellent. Indeed, as one o7-d-time prospector used to say some years ago, “They‘ll keep: on find- ing new gold camps in the North Land until the first thing they'll know they‘ll find one that will be a real humdinger and that will set the world by the ears.” What is even more probable is that they will keep on developing the gold camps they have already discovered, such as Porcupine, for instance, and the first thing they know they will have a camp [of such proportions as will astonish the world. However, in the meantime, the gentlemen of Geneva are worrying over the gold supply. that the idea' that the world iswfaced 7 with a serious shortage of gold in be- ' tween four or eight years, leading to aa further depression of plrices with thei accompanying effect on trade and pros- l perity, is the Opinion of the delegation: appointed by the financial committee; of the League of Nations to examine the whole question of the fluctuations in the , purchasing power of gold, their causes and their economic effects. The dele-. gation suggests a number of remedial measures in its interim report, just pub- ‘ {lished by the secretariat of the league, {and promises further reports dealing. {with the problems of the distribution of i |gcld and the effect of price fluctuations ‘ Ian general prosperity. The interim re- i {port confines itself to the question of whether the prospective supply of gold is likely to prove sufficient to meet the d probable monetary demand in the fu- ture. The world’s supply of gold available for monetary purposes is nearly 11,000 million dollars. The world’s annual production is about 400 million dollars, of which a little less than half goes to non-monetary purposes, largely to satis- fy the demands of India. There is likely to be a slight increase in world production of gold for the next two or three years, but thereafter a steady de- crease owing to the gradual exhaustion cf the South African mines, which ac~ ccunt for over 50 per cent. of the world's production. In 10 years' time mand for gold increases at about, one ,er cent. per annum and the demand for gold caused by the expansion of the world’s trade and production by be- tween two and three per cent. The average amount of gold reserve legally required to cover notes and sight lia- billities is about 32 per cent.. but in practice a margin of seven or eight per cent. in excess of this amount has to be maintained. On the basis of the data, the delega- tion worked out four separate sets of e:timates in regard to the increments to gold reserves required per year‘ to pro- vide cover for average increases in notes and sight liabilities. The lowest of these estimates, based on a two per cent. increase in demand and a 33 per cent. cover, shows an excess of demand over the world‘s supply of gold for monetary purpoes by 1938; the other three estimates, of which the highest is based on a three per cent. annual in- crease in the demand and a 40 per cent. cover, shcws an excess of demand by 1931. By 1940, the lowest estimates gives an excess in demand of $34,000,- 000 over $170,000,000 available for monetary purposes, and the highest $238,000,000. Advvices léét'week from Geneva said These figures led the delegation to consider what surplus stocks exist and how they might alleviate the situation in the future. Fifteen countries hold over 90 par cent. of the gold reserve of the world. In 12 of these countries. the surplus over the amount required to provide a 33 per cent. cover for notes and sight liabilities is about $2,750,000,- 000 of which 31.500.000.000 is in the United States of America. Even taking the average minimum legal require- ments for these 12 countries of 38 per cent. and adding a margin of seven per cent. for normal use, the surplus is about $1,000,000.000, of which over 3550.- 000,000 is in the United States of Ameri- ca. At present, says the delegation, it is sufficient to indicate that: “If the distribution of gold is the result of excessive or abnormal com- petition by a few countries, or if it has the effect of sterilizing important amounts of monetary stocks, serious consequences will arise affecting the general level of prices. “In recent years, an unusual move- ment of gold has taken place. Thus in 1929, France and the United States of America together increased their re- serves by some $540,000,000, of which probably about $140,000,000 Were with- drawn from commercial banks and from private hoards. Ten countries acquired 31.035.000.000 during the three years ending Dec. 315t, 1928â€"3 sum equal to nearly 90 per cent. of the total amount of new gold mined during this period.” As regards the remedies to avert the threatened scarcity of gold supplies and so to keep the level or prices steady at least for the next decade, the report ‘ugggests a further extension of the practices! substituting notes for gold l:chnt; or gold certificates in domestic use, a. substitution of token coinage for notes of small denominations, and an agreement by at least the chief gold- holding countries to reduce the mini- gnum gold cover required in proportion to the amount of currency; as the 3; amount of this cover is largely a con-l, vention. says the delegation. the change 54 Could be effected by international. agreement without weakening confid-E ence or the credit structure. To make' this agreement effective, central banks should come to a common understand- ing to reduce the proportion of gold, cover which was held in practice. The ‘, use of gold might be economized by? extending the use of cheques. post office ' banking facilities, giro transfers, etc., and by developing and improving the mechanism of clearings. In this con- nection, the effect of stamp duties in' 'discouraging the use of cheques should 'be considered. Care should be takenl In accepting $20.00 bills these days it! would be a good idea to take a specia: :oareful look at them and also at the 'ten dollar kind as well. At the Sud- bury branch of one of the banks ‘last week one of the tellers discovered a “raised" bill. It was only a one dollar ‘note but by the skilful pasting of that figure “20” over the one it was made to .appear to be a twenty-dollar bill. A iclose glance revealed the deception, but- lbeing genuine enough as a dollar bill‘ l .;t would feel all right and looked all [right to a casual glance. There is a‘vso iz'nention in some of the newspapers of :the North of ten dollar bills “raised" |from one dollar bills by the processl |mentioned. There are merchants and; iothers who boast that they can tell‘ ;real money the minute they get their: {fingers on it. This may be all right iin some cases, but it is well at the isame time to take a glance or two a: 'the money accepted. It will do no .harm, and it may save the recipient {some loss. In the case last week at ‘Sudbury the bank had reason to know !that the “raised” twenty-dollar bill pre- sented there was accepted innocently ; and the victim of the “raised" money had an unpleasant surprise when the lbank called attention to the bill that ,v/as being dewsited as a twenty-dollar one. People in this section would do well to watch their bills with especial keenness for a time, for if this sort of trick is being played at Sudbury it will ’1' likely be attempted here. Bad weather . g and bad tricks are liable to reach Tim- . } mins 21 week or two after they hit Sud- :ibury. Most good things are here first! to see that these measures should not result in building up a credit structure exceeding the normal growth of pro- duction and trade in gold-using coun- tries, so as two avoid. not only defla- tion, but also inflation. Keep Close Watch for “Raised” $20. Bank Notes Gbristmas SHOPPING DAYS to HOP EARLY 23 Beautiful prizes will be displayed at S. Bucovetsky’s (ladles’ wear) Store before the dance. Watch the Windows. SAVE THAT MASQUERADE COSTUME FOR THE Black and White Pierrots McIntyre Hall, Friday, November 28th MASQUERADE DANCE iMRS. NORMAN FISHER DIES I SUDDENDLY IN MONTREAL Word from Haileybury last week was to the sad effect that Mrs. Norman Fisher. formeriy a resident of Montreal, passed away this month in Montreal. Mr. and Mrs. Fisher were residents for some time in Haileybury Mr. Fisher being in charge of operations at the Tcmiskaming Mine. Mr. Fisher was a prominent mining engineer and one of the past presidents of the Canadian Institute cf Mining and Metallurgy. The late Mrs. Fisher was a daughter of the late Senator Clenow. The funeral too-k place at Ottawa. the former home of the late Mrs. Fisher. MOTHER. WHO ABANDONED BABY HAS BEEN LOCATED The Advance to a baby abandoned at Haileybury‘ and the search being made by the provincial police and the Child- ren‘s Aid to locate the mother of the infant. The mother asked a Hailey- bury lady to care for the baby for an hour or so while she went to look for her purse which she said she had left in a store in New Liskeard. The mo- ther failed to return and the matter was turned over to the authorities. Last week Inspector MoCracken of the |Children’s Aid Society was able to find Ithe mother of the child and also learn- led the identity of the father. Accord- ;ineg to word from Haile-ybury efforts are under way to adJust the matter un- der the law in this regard. and in the meantime the identity of the man and woman concerned are not being dis.- closed, following the usual procedure in such cases. IMPORTANCE OF GYPSUM MINING IN NOVA SCOTIA A communication this week from Halifax, Nova Scotia, points out that the output of gypsum in Nova Scotia during 1930 was 879,254 tons. Gypsum quarrying is one of the oldest mining industries in Nova Scotia. Gypsum was mined in Nova Scotia as early as 1829 but only in recent years has it attained great expansion. Deposits in Nova. Scotia cover about 625 square miles and the quantity produced is now said to be three times that of all the rest of Ca.- nada. The chief producing centre is in the vicinity of Windsor, Hants Coun- ty. In spite of the large production less than 2 per cent. of the output is calâ€" cined in Nova Scotia. nearly all of it being shipped to the United States and Montreal. Salt mining although the youngest is now the third most important mine in- dustry in Nova Scotla. Many deposits of salt are indicated by salt springs and sinks. A fine deposit of high-grade rock salt has during the past 11 years been exploited at Malagash, Cumber- land County. It has proved to be 400 feet wide with an unknown length and depth. Approximately 60,000,000 tons of pure salt have been developed with an additional 300,000,000 of a slightly lower grade. Production has grown ifrom 8500 tons in 1927 to 26,000 tons in ; 1930. The future of this industry seems 'assured and an interesting feature of the salt beds is the presence of potas- isium salts which may ultimately be found in sufficient quantity to make their recovery possible. Malagash salt has been found particularly efficacious for curing fish, a matter of considerable [importance in the Maritime Provinces. Last week reference was made Sybille. Spahr’s remedy. It’s the BEST for treating sore throats, coughs. bron- chitis. bronchial asthma, tonsil ills and kindred diseases. Try it, it’s good. Timmins, South Porcupine, and Schu- macher druggists. What’s This For?

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