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AUSTIN NEAME .. W. D. FORRESTER President Secretaryâ€"Treas. President Secretaryâ€"Treas. Viceâ€"Presidents iIstâ€"T. Parsons 2ndâ€"H. C. Garner Executive Committee A. Bellamy J. Cowan W. Greaves H. R. Rowe C. Keates ! Number 88 Address all communications to P.O. BOX 1059, TIMMINS, ONT. Meseting Held in Oddfellows‘ Hall, Timmins WATCH ADVANCE FOR DATES 14â€"26 YETERINARY SURGEON All domestic animals scientifically treated. Tuberculine Testing Special attention to Cats and Dogs TERMS MODERATE Phone 499 PHYSICIAN AND SURGEON Modern Department for Electrical Treatments. Chronic Venereal Diseases and Skin Diseases treated by modern processes 66 Third Ave. f TDMMINS ONT. Phone 625â€"J 21 Fourth Avenue 60), Wilson Ave. Accountant Auditor Accounting and Office Supervision Langdon Langdon Arch.Gillies,B.A.Sc.,0.L.8. Architect Ontario Land Surveyor Bullding Plans Estimates, Etc. Old P.0. Bldg., Timmins Phone 362 SUNRA Y VENETIAN BLINDS Barrister, Solicitor, Etc. Crown Attorney District of Cochrane Bank of Commerce Building Timmins, Ont. W. D. Cuthbertson, L.A. CONsSULTING AUDITOR Oflice Systems Installed Income Tax Adjuster Room 2, Marshallâ€"Ecclestone Blk. P.O. Box 833, Timmins, Ont. Barristers, Solicitors, Ete, A. 2. MOYSEY BLOCK, TIMMINS, ONT. Schumacher and South Porcupine 14â€"26 Officeâ€"Room Second Section Dr. J. Mindess Barristers, Solicitors, Etc Reed Block TURNER sONS LTD. Perfect Light. Perfect V entilation. Standard Golor Finish. Special Finish to Order For Prices Write PETERBOROUCGH, ONT Timmins 14â€"2%2¢ Timmins _ Post ~18tf According to a despatch from Cochâ€" rane last week,â€"Abitibi Canyon is beâ€" ing reâ€"populated with workmen and supplies are being taken in which serves to indicate in a definite way that construction operations are about to be resumed on the power development plant. The plant was recently taken over by the Ontario government from the Ontario Power Service Corporation a subsidiary of the Abitibi Power and Faper Company, and turned over to the Hydro Electric Power Commission for completion and operation. } Mr. and Mrs. Andrew J. Davidson, of Montreal, were visitors to the camp over the weekâ€"end. ‘"During a period when uncertainty prevails as to the immediate future earning power of even the betterâ€"class corporation â€" securities, unemployed money of large proportions has accuâ€" mulated in most leading countries. Great Britain has floated many milâ€" lions of pounds‘ worth of bonds at a return of about 3 per.cent.. and United States Government bonds yield comâ€" paratively little more, while Dominion Government bonds have been sold this week to yield from 4,28 per cent. to 4.50 per cent. That the trend of bond yields will be toward the much lower levels that prevailed before the World War is anticipated in investment circles. "The inclination of investors generâ€" ally, therefore, will be to seek employâ€" ment of available funds in other chanâ€" nels than bonds and one of the few groups of stocks that afford safety combined with important possibilities for appreciation are the gold mines. It is reasonable to expect that the shares of enterprises that do not have to go through an extended process of recovâ€" ery will attract investors. Most of the Canadian gold mines have participated in the increase in the country‘s output, which probably will exceed $65,000,000 in 1932, representing an increase of close to 20 per cent. over 1931. It is estimated that Canada‘s production in 1932 will approximate $75,000,000 and that within four years it will attain more than $100,000,000. . In the first nine months of 1932 disbursements of Canadian gold mines increased 35 per cent. over the corresponding period of last year. The premium on New York funds against Canadian dollars has been highly beneficial to Canadian gold producers. It may be assumed that as soon as navigation closes, the premium will widen again, thus assuring enâ€" hanced profits for Canadian gold mines. Undoubtedly some of the recent strength in shares of Canadian goldâ€" mining organizations has been due to the fresh decline in the quoted value of the Canadian dollar at New York and the ensuing rise in the premium on New York funds in the Dominion. An evidence of what this premium adds to the earnings of gold producers is the fact that Ontario gold mines had an average output valued at $3,848,216 monthly in the third quarter of the year, and an increase of 1 per cent. in exchange would mean an addition in profit of $38,482. Workmen Being Called to the Abitibi Canyon Work "Interest returns on highâ€"grade seâ€" curities are declining," the letter points cut, and goes on to state: "Not only have Canadian gold mines been receiving from $22.50 to $23.50 for every once of gold worth $20.67 at par, but they have enjoyed the benefits of lowâ€"cost production." "It is reasonable to expect that the shares of enterprises that do not have to go through an extended process of recovery will attract investors," states G. W. Nicholson Company, members of the Standard Stock and Mining Exâ€" change, in letter pointing out the attractiveness of shares of many of the Canadian gold producing mines, which are yielding a return of from to 19 per cent. $ The severe reverses experienced by the industrial and other groups in the stock markets have not been felt by the shares of Canadian gold mines, beâ€" cause the gold industry prospered durâ€" ing the period of economic depression. Individual gold mints have increased their earning power and physical assets but despite this shares have not appreâ€" clated to any extent and yields conâ€" tinue relatively high The better deâ€" mand that has developed for gold stocks, however, is not only for the older and larger producers. Shares of a number of the smaller companies which have only entered the producing class in the past year or two, are being purtchased by those who see an opporâ€" tunity for increased production and larger earnings. Accumulation of Canadian gold stocks is on the increase, and brokers in Toronto and elsewhere throughout the Dominion report that new clients are being found daily, and that attenâ€" tion focussed on these shares at the present time is not only centred in the Dominion, but also Great Britain and the United States With the continâ€" ued uncertainty in industrial stocks and the trend of bond yields to lower levels, it is only natural the increased earnings and larger dividends of gold producing companies shculd prove atâ€" tractive. In fact, some of the investâ€" men trusts in the United States are reported to be considering the addition of gold stocks to their portfolios. (Gold Mines Stocks Arousing Interest Canadian Gold Mine Shares in Deâ€" mand Now in the Dominion, the United States and in Great Britain and Elsewhere, Ehe AQdbantse Try The Advance Want Advertisements sa, Kief! and a dozen others borrowed money to the tune of two hundred and sixty million pounds. Or else the money was invested in Russian indusâ€" try.. The Soviet Government has brushed all claims aside and has flatly stated that it does not intend to pay it ‘back, and does not recognize any tribunal, impartial or otherwise, which makes awards to duped investors. Russia borrowed 650 million to carry on the war on the Eastern Front. The debt has now been wiped out of exisâ€" tence} but with interest it amounts to over a billion pounds." Other staggerâ€" ing losses carrying war debt figures into the billions are qucted by Sir Samucel and, according to him, total more than half the war debt to the United States, and than a quarter of the Naâ€" tional Debt. victims of colossal â€" defalcations amounting now to two billion, accordâ€" ing to a list of debtors compiled by Sir Arthur Samuel, MP. Sir Samuel startâ€" ed the list with the fifteen million borâ€" rowed at the rate of six per cent. by the Southern States of Amercia shortly afâ€" ter the American War of Independence. None of this was ever paid back, and, with compound interest, the debt now amounts to fifty million. Railways in America which have since gone bankâ€" rupt account for five times that amount. ‘"Mexico, likewise," says Sir Samuel, "borrowed large sums of money for internai development, harbours, roads, railways and general purposes of govâ€" ment, Succeeding governments have either repudiated the debt of the govâ€" ernment before it or seized the properâ€" ty. The loss amounts to two hundred million pounds. Every government in South America, with the exception of the Argentine and perhaps one other, has repiadiated its debts to British bond holders. Every railway they ever had was built with British money, their streets lighted, and public offices and works built by British money, every penny of which ‘has been lost. The cities of Moscow, St. Petersburg, Odesâ€" sa, Kieff and money to the sixty million money was ir iry.. ‘The brushed all cl Staggering Amounts Owed to Britain and Defaulted world debts and alle know ab Britain or benef th pub Wt I | [ ‘ BUY this WASHER out of the Money it Saves © nc ltR o t r:!lfi{ml W Nh. U 1 unmtu Te 16 11 it red TIMMINS, ONTARIO, THURSDAY, NOVEMBER 17TH, 1932 $ # .00 DOWNâ€"and at only * 24 monthly payâ€" ments of $4.50 each. lency on the part of ites newspapers and prostrated with horâ€" mention of any sugâ€" angements might be eral interests of the ludes the U.S.A., for of some of the war This Model "B" Playmayd Washer CANADA NORTHERN POWER CORPORATION, LIMITED (cash, 30 days) $99.95 Northern N)\ Electric See These W ashers Being Demonstrated at € Controlling and Operating NORTHERN ONTARIO POWER COMPANY, LIMITED NORTHERN QUEBEC POWER COMPANY, LIMITED The Haileyburian last week says:â€" "The Temiskaming Motor League will again keep the main road open between the towns of Cobalt, Haileybury and New Liskeard, during the coming winâ€" ter, if a sufficient number of motorists are in favour of and will lend monetary support to the project. At the weekâ€" end circular was sent out by the secretary of the league, F. E. Thompâ€" son of New Liskeard, with a notificaâ€" tion of the date of the annual meeting, November 31st, in New Liskeard, and at the same time asking the opinion of the members on the plowing of the road. Three questions are listed on the circular as follows: "Are you in favour of keeping the road open? Do you inâ€" tend to use the road if kept open? How much will you contribute per month for 4 months? These are folâ€" lowed by a blank for an amount to be enclosed and for suggestions as to the best method for keeping the road open." The Haileyburian last week says:â€" "Miss Doris Poppleton, of St. Mary‘s hospital, Timmins, is in Haileybury for a few weeks‘ holiday at the home of her parents, Mr. and Mrs. George Poppleâ€" ton." ABOUT KEEPING OPEN ROAD, COBALT TO NEW LISKEARD An Extra Premium if You Buy NOW ! ® heavy week‘s washing for three cents, or less: That‘s what a Northern Electric A. B. C. Washer will do. _ Snowyâ€"white clothes out on the line in a few minutesâ€"no drudgery, no achâ€" ing back, no laundry bills. Our special terms let you pay for it out of the money you save. The monthly payments are only $4.50â€"less than a small family‘s laundry bill. The A. B. C. Model B Playâ€" mayd, shown here, is a full capaâ€" city, porcelain enamel, lifeâ€"time washer. It is sponsored for satâ€" isfactory and economical service by the Canada Northern Power Corporation Limited and the Northern Electric Company. E want to sell an extra quantity of these washers and as a special inducement, we offer every purchaser who orders an A. B. C. Washer during this sale, a handsome fourteenâ€"piece set of aluminum kitchen utensils, absolutely free. _A double bargain for you if you act now. f seasonal phenomena of "pitchholes" made travelling a procession of ups and downs, with numerous hard jars as the rough "jumper‘" hit road bottom. On the way home in the cool of the evening the old farmer had an acciâ€" dent. At one of the "pitches‘"‘ the precious jar became loosened from its moorings, sprang into the air, describâ€" ed a neat parabola and fell into a snow bank with a whack. The jug split and its contents slowly trickled out to darâ€" ken the drift and the oldtimer‘s outâ€" look. However, with instinctive reâ€" action to emergency, characteristic of the pioneering spirit, he jumped out, rushed up the bank and packed wet snow around the widening circle of delectable wetness. _ He dammed the flood, hollowed a basin of icy consisâ€" tency and sat back on his haunches to ponder the unusual situation. Cogiâ€" tation was interrupted and improved by several whiskerâ€"wetting swigs from the natural bowl. Inspiration finally came to end a situation which, with the gathering darkness, was fast becoming intolerable, despite the periodical alâ€" leviations. The old man made snowâ€" balls of the drift, packed them in his sleigh and took them home to thaw out on the kitchen stove. Them were the days! By special request "Love Me Toâ€" Night," with Maurice Chevalier, Jeaâ€" nette MacDonald and Charles Ruggles, recently shown at the Goldfields theaâ€" tre, will be the special picture at the Empire theatre on Wednesday and Thursday, Nov. 23rd and 24th. Recalling a Beautiful Snowball Party Years Ago Last week there were reports curâ€" rent in Timmins of the death at Rouyn of Wilfrid Jago, formerly a resident of Timmins, and well known here for his work as a hockey player. Affectionâ€" ately known here as "Red" he had many admirers and friends and his arrival on the ice in any of the games was usually greeted with hearty apâ€" plause. During his stay in Timmins he was in charge of one of the meat packing concerns here. When the stories about his death were told here last week there were no particulars available. Later in the week, however, The Northern News, had the following reference on its Rouyn page:â€" Another Toronto despatch last week also related to a mine property in the Bourkes area. This despatch was in regard to the Lakeland Gold Mines, the annual meeting of the company being held some days ago at Hamilton, Ont. The despatch said:â€""At the annual meeting of Lakeland Gold Mines Limitâ€" ed, held in Hamilton, recently, O. L. Knutson, mine manager reported in detail of the results which have been Cbtained to date and said that very gratifying values of milling ore over mining widths have been developed on various levels. The meeting was told of the decision of the directors to conâ€" tinue the shaft down to 750 ft. and to develop at each 150 ft. interval. OfMâ€" cers and directors elected were, Freeâ€" man A. Pollard, preident; Robert Johnâ€" son, yviceâ€"president; Arthur W. Morâ€" ris, secretaryâ€"treasurer; Gideon Grant, Luther Davison, Thomas Pope and William Brittain, directors." Wilfrid Jago Dead From a Rifle Wound Beveral recent references hi made in this newspaper to ad the line of prospecting and pre development work in the Bour This a section in which many ers have expressed confiden time to time and there seems chance now that the district to may have opportunity to prc There has been quiet work goir some time recently in the dist: the promise of further attentio A despatch from Toronto | opening the Bourkes Mine at Bourk Station, Ontario. The company is nc being organized and have retained Fr derick H. Knutson as manager, rece superintendent under mines managd O. L. Knutson, of Lakeland Gold Mint Limited. A number of men are now . work reconditioning buildings and a tering same for the installation of fu ther equipment so as to make oper tions as economical as possible. Dew: tering of the shaft will commence â€" soon as these alterations have bef completed." "Wilfrid Jago, 30â€"yearâ€"old salesman for Canada Packers, Limited, in the local territory, met instant death about noon on Tuesday when he was preâ€" paring to venture out on a hunting trip. He had been visiting with Wilâ€" fred Hammond on Galipeault St. in Rouyn and went out in the rear of the house when a sudden shot from a shack at the back, brought Hammond and some companions to find out the cause. The unfortunate man had been shot in the head and died before an ambulance could take him to the hospital. "The rifle was of fairly heavy calibre Activity Noted in the Bourkes Area A despatch from Toronto 1: tells of the probable reâ€"opening date of the Bourkes Mine at Station. This despatch says parations are now under way Former Resident of Timmins Meets Death at Rouyn. Coroner‘s Inquest Returns Verdict of Accidental Death. "The rifle was of fairly heavy calibre and was of French make. At the inâ€" quest held Tuesday night, in Darby‘s Undertaking Parlours, a verdict of "acâ€" cidental death by firearms‘" was brought in. A hairâ€"trigger is presumed to have been the cause of the premature disâ€" charge. "The deceased leaves a widow, Evelyn Jago, to mourn his demise. They had been married about four years. The body has been shipped to North Bay for burial from the home of the parâ€" ents of the deceased. Bourkes Mine at Bourkes Station to i Reâ€"Opened. _ Work in Progress at Other Properties in Area. "The young salesman was well and favorably known in Kirkland Lake, and some years ago played hockey and baseâ€" ball both here and in Noranda. :i vas also active in other community athletic activities." Announcement is made by the Holâ€" linger Consolidated Gold Mines, Limitâ€" ed, that regular divided of one per cent., and an extra dividend of one per cent., making at total of two per cent., have been declared on the capital stock of the company, payable on the first day of December, 1932, on which date cheques will be mailed to shareholders of record at the close of business on the 17th day of November, 1932. ; __"* EXTRA DIVIDEND, DEC. 18T, BY HOLLINGER CONSOLIDATED wW,. O Connor, provinclai inspretor Catholic children for the Children‘s Aid Bociety, was a visitor to Timmins and district this week on one of his reâ€" gular trips of inspection through the North. He expressed himself as much pleased with the CA.S. Shelter at Timâ€" mins aral the way it is carried on, I¢ 1( with irl at ‘TIMMINS LODCE 1.0.0.F. NO 459 Cornish Social Club Meets | Meetings held in the Hollinger Recreaâ€" tion Hall two evenings a month. Dates will be announced in The Advance Pres.â€"E,. Stephens, Box, 1104, Timmins secyâ€"Treas.â€"J. G. Harrisâ€"Phone 7723â€"w Box 428, Schumacher Meets in the Hollinger Recreation Hall sem!â€" monthly. Watch The Advance for Dates. (Gi. A. Gibson, pres., 20 Messines ave. J, Pye, treas. A, spence, hon. see, Box 1175 Box 2013 Meets every First and Third Tuesday of the month in the Oddfellows hall, Timmins Mrs, H. Parnell W.M. Wrap all Garbage In papet. Keep your Garbage Can covered Use plenty of Chloride of Lime which can be procured at the Town Hall free. Householders using well water must boil it for at least 20 minutes. All Outside Tollets must be made #7 sroof. By Order of PHYSIZIAN AND SURGEON Wishes to announce that he has opened his office in the Goldfieclds Hotel Bldg., 2nd Floor. Phone 326 Timmins Timmins YÂ¥ISTITING LANCASTRIANS WELCOME eets oevery Tuesday evening in the idfellows* Hall, Spruce Street, North, siting brethren requested to attend. LA WLEY H. M. MOORE, Noble Grand â€" Box 1311 Rec, Ssec. Cold weather is the bogie man of the Car Qwner,â€"toâ€"day is the day to put your hard starting troubles in our hands,â€"we are specialists in battery and elecâ€" trical work, Eveready Service Station Phone 15 44 Bruce Avenue South Porcupine, Ont. _BARRISTER, SOLICITOR, | NOTARY PUBLIC 4 Marshallâ€"Ecclestone Building # * . $ . LIFE ISNT HALF THE BOGY THAT IT SEEMSâ€" WE SHOULD REMEMMER THAT TODAY is THE TOMORROW WE WORRIED S0 MUCH ABOUT YESTERDAYZ APPROVED AUTOMOTIVE SERVICE G) Colooy# sex: ATTENTION HOUSEHOLDERS TIMMINS L. O. L. on the 2nd and 4th Priday of month in the Ooddfellows‘ Hall. W. F. McLean, W.M. L. E. Humphries, R.S Second Section THE BOAHKD OF HEALTH hone 935 Mrs. J. Gregson ~40â€"52p Reco, seo. 14208 14â€"26