The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

The shock of the recent golid scare appears to have passed to some extent, and while gold shares remain close to recent low levels, improvement among the better stocks is noticeable. In one important respect, the wideâ€" spread gold scare has been a blessing in a very thorough disguise. The illuâ€" sion, carefully ‘fostered by those inâ€" terested, that the price of gold would inevitably be raised much higher, has been removed. It is true that severe losses have been suffered by the deâ€" cline in gold prices, but from a long term point of view the effect has been to place rational rather than sentiâ€" mental values on gold shares. Few will deny that there was excesâ€" sive speculation in gold stocks. Thi: condition â€" has been remedied, and while the remedy has been costly, there is satisfaction in knowing that the marâ€" ket has now a rational viewpoint, and prices can be judged on the basis of actual development, with due regard to the larger question of the future of the metal itself, and the relative merits of base metal shares. In this regard, it is often forgotten that Canada‘s established gold proâ€" ducers and dividend payers were operâ€" ating at a substantial profit when gold was selling at only $20.67 per ounce. While ovinion on the gold question is sharply divided, only a minority among observers would predict that gold will be marked down to this former figure. Accordingly. it is logical to expect that the senior gold stocks can continue to yield a satisfactory profit, with due regard to individual conditions. "Since gold prices were "pegged" at $35 an ounce, there have, of course, arisen several young producers which Says Market Rationalized By Recent Gold Price Scare (From Financial Post) The small but marked recovery which has taken place in the gold share marâ€" ket has made vital the question: "Are the dividend paying gold stocks a logical purchase at present prices?" The shock of the recent gold scare appears to have passed to some extent, and while gold shares remain close to recent low levels, improvement among The Porcupine Advance Says derful offer will mean in enjoyment throughâ€" out the whole year for ourself and your famâ€" ily. Magazines of your own choice and this newspaper, packed with stories, time=â€" ly articles, helpful departments and colorâ€" Kll iNustrations. Now is your chance. * * quanzarts sae t Think what this wonâ€" \\"“’ C o omm “\ I * Y o oo @ \ 1Â¥ ‘.‘._:f;_._‘.} \| ) mm mmmgy EZtt>ec=â€" \ 4PE TLLXIKX*, Think what this wonâ€" derful offer will mean in enjoyment throughâ€" out the whole year for -.‘----Al‘ -n-:‘ a 0 o a ‘nm_ CHOICE! [T]) Maciean‘s (24issues) 1yr. [7) National Home Monthly 1 yr. [7 Canadian Magazine â€" 1yr. [] Chatelaine â€" â€" â€" â€" > 1 yr. [~] Pictorial Review â€" â€" â€" 1 yr. [~] Silver Screen â€" â€" â€" â€" 1yr. [ American Boy > â€"~â€" 1yr. [7] Parents‘ Magazing â€" â€" 6 mo. [ Can. Horticulture and Home Magazine â€" â€" â€" 1 yr. OFFER NQO. 1 One magazme from group 1 One magazme : from group 2 and this newspaper OFFER NO. 2 Three magazines from group 1 and this newspaper This Offer Fully Guarâ€" anteed â€"All Renewals Will Be Extended. so he wer money fro taking his according â€" wit a b fhim as ex home of t] Apparently Baptiste was going out o fight fire for the forestry departâ€" aent, and fireâ€"fighting is dry work as inyone who has done it knows. And so ie proceeded to get a little wet. Visitâ€" ing the place kept by HMHaggard,. accordâ€" ing to his own story, he wanted a bottle of beer, but he lacked the money to pay for it and was refused. Said reâ€" fusal angered the noble red man and Baptiste and his son the reservation went on the warpath they may or may not of one Ralph Haggarc collection ere finis is story.â€" For it is the sti deeply wronged, one v credit for so small a t f beer. Apparently Baptiste :o fight fire for the aent, and fireâ€"fighting inyone who has done it ie proceeded to get a 1 ing the place kept by H are in sound position and whose grade of ore places them, as far as the effect 6f liwer golid prices is concerned, in the same class as the older mines. In other cases a few mines have in the past few years built up such substanâ€" uial cash and liquid reserves as to be in an almost impregnable position. Indian Charges White Man With Selling Him Beer [] Liberty Mag.(52 issues) 1 yr. [ Judge â€" â€" â€" . â€" . â€" 1 yr. [ _] Parents‘ Magazine â€" â€" 1 yr. [_] True Story . . . . â€" 1yr. [_] Screenland «â€" â€" â€" â€" â€" |yr (â€"] House Garden â€" â€" 6mo. _went away a y from my wife ; his son as a | ling to his evid Iâ€"with cpen a 1 a botile of July 14â€"Exâ€"Chief Harry his son, Michael, from n above Matachewan, varpath on June 16, and may not have the scalp Haggard added to their finis is written to the ind hin added to their written to the y of an Indian 10 was refused ing as a bottle Recent development work in the vein structure at the Naybob has tended to confirm the belief of both Mr. Hatch and President Naylor, that hish grade section would be found when that secâ€" tion was more fully opened. Milling operations were resumed last Thursday, treating an average of 80 tons daily. Mr. Hatch stated that this operation is to be regarded only as a pilot for a 500â€"ton mill which has been recommended and for which preparaâ€" tions are being made. Cconstable J. Evers, of Latchford, didn‘t have a very nice time one night recently. He found it necessary to arâ€" rest a man for being drunk and was having an easy enough time at that duty when a lady interjected herself into the picture. She said she was not going to stand idly by and see her broâ€" ther toted along by any John Law, or words to that effect. The policeman hadn‘t thought it necessary to use his Mr. Hatch further states that he considers results Oobtained to date in this green carbonate zone are extremeâ€" ly important to the future of the Nayâ€" bob Mine. Traveller Charters Traimn and Gets Bill for 50 Cents an employee of th system in Toronto. . from the north side he arrived at The transportation «o ] learned that no tra until passengers f: arrived. "ves," and a few minutes later the crew had steam up, a flatcar coupled, and the canoe aboard. Making rapid calculations of the holiday budget the Toronto man spent an uneasy few minutes crossing to Lake of Bays. Thoughts of legally established freight rates and passenger tariffs spoiled the stories that would otherwise have made the journey something to remember. Then with the canoe unloaded, the engineer turned to his passenger. "That‘ll be 530 cents," he said. The hydro man boasts about it but invariably adds that railway faresâ€"for chartered trains or otherwiseâ€"have since advanced. The fact that free gold appears in the carbonate zone at the various points where cut by the drill is eviâ€" dence, according to Mr. Hatch, that visible gold must be fairly evenly disâ€" tributed in this new ore mass. But few of Britannia or the region h an employee system in To from the nor he arrived a If‘ im lake st tonian a train OR "yes," crew h and th Lady Stages Attack on Policeman at Latchford Everyone who goes to Muskoka knows "The Portage"â€"that stretch of nar Reports received from Hamlin B. Hatch, geologist, state that three flat holes put out on the 700 foot level have cut a green carbonate zone, which shows splendid ore indications. Core from one hole has been assayed and given an average value of $17.70 across an average width of 25 feet. terially changed in the near future The Naybob has to date been regarded as a large tonnage low grade proposiâ€" tion but recent results in underground development and diamond drilling may change the outlook. A recent official release made by the authorities of Zie Naybob Gold Minc (formerly the Hayden Mine) states that developments in the mine may be maâ€" Naybob Planning for 500â€"Ton Mill Richer Ore Being Encounâ€" tered in Work Now Under Way. meant a steamer n asked in for hi his am le or more between Peninsular Lake, ey know it as the I‘s shortest railway, )w guage track, top s on the two ancie locomotives, and crew who swap yar toss the cordwood it t few of the visitors Britain‘s new Co In its first trial run London to Crewe a: it touched 114.4 m.p age of 80 m.o.h.â€"th g rapid calcu budget the To: sy few minutes Thoughts of l¢ rates and â€" »: the cor th or t 1 have t â€"a. four; hours‘. mner. Recklessly, ed whether he c r his canoe and 1 amazement the i a few minute 10 swap y cordwood the visit« the othd train 1 from as the site ~of the ilway, complete with k, topâ€"heavy smokeâ€" ancient and inimitâ€" and the congenial ap yarns as easlly as wood into the firebox. visitors to Deerhurst, other lake ports of ad the experience of the municipal hydro . Paddling in a canoe le of Peninsular Lake e Portage, asked for Lake of Bays and ‘ain was due to leave as the s ilway, k, topâ€"he ancient and the lIcuiations 0. Toronto man tes crossing t NEW BRITISH TRAIN BREAKS SEVERAL RECORDS is due the A ions of the | ito man spent | ossing to Lake | lly establi shed | enger tariffs ould otherwise something to site =of complete heavy st wait for the the Toronâ€" couldâ€"charter himself. answer was es later the itecar coupled, ake Bays Al e to lea Algongqu of THE PORCUPINE ADVANCE, TTMMINS, ONTARIO Bays t streamiined train di r new British records a ichieved the highest sp ford. Covering the 159. i Seot set up a new wo Twelfth Celebrated at Matheson Monday of bare found entertai Canadia very ser young _ type, P sional needs a The / nresses New York, July 14.â€"Frederick Gleaâ€" son Corning. 81, mining engineer active in the development of Dome Mines in Ontario, died here Monday. more laughter, beauty and new est into the lives of boys an "Every lscal child should have â€" est cultural opportunitiesâ€"such crdinarily available only to th ing in a few large cities," says from the Bureau. The selection of the programmes has been based on the thought that childâ€" ren‘s entertainment should be on as high and artistic a level as that of the best adult attractions. They should be not only harmless and wholesome, but stimulating to the imagination along creative lines, and an encourageâ€" ment to the artistic development of the young person. Definite plans and dates will be availâ€" able shortly, but in the meantime interâ€" ested organizations and individuals may obtain further information by communicating with Mr. Harry Halperâ€" in, Canadian Junior Lyceum, at 5374 Esplanade Avenue, Montreal, Que. «Only a few members of the Orange Ledge were able to get away from their work in Timmins and travel to Matheâ€" son to celebrate the Glorious Twelfth. Timmins members went individually but not as a lodge. There were between 400 and 500 vathered in Matheson to celebrate the Bat Talls king About 500 Gather in Matheâ€" son for District Celebraâ€" tfon of July ~128th. Among _ Blackburn Talls;:, Th each #y on the drunken man but the lady ought a billy was carried to be used. secrdingly she managed to get hold of the club and she promptly applied it to the policeman‘s head. Not wishâ€" ing to be rough with lady the Latchford constable called for assistance from some citizens near by. The help was promptly given and both the man and the lady were safely landed in jail. The brother appeared before Magistrate Atâ€" kinson on a charge of being drunk and resisting an officer while the lady faced a charge cof assault with intent to do grievous bodily harm. The evidence included a dandy welt on the officer‘s head. The man pleaded guilty, while the lady sa‘d that she did not rememâ€" ber what had happened. The magisâ€" trate let the couple off as lighlly as possible under the circumstancesâ€"the sentence being thirty days in jail for |~ Eaton Employees Have Annual Picnic Yesterday The ‘Canadi resses itself nore laughter st into the Every lstcal cI attle of t long, wel rrious 100C s banner. ere sports In mng an single anadian Juni Planning E an attempt to meet the demands arents and educators who have d difficulty in providing proper rtainment for their children the idian Junior Lyceum is making a serious effort to provide worthwhile g people‘s programmes Oof every presented by the finest profesâ€" l adult artists, adapted to the adult artists, adapted to and enjoyment of children. Canadian Junior Lyceum ; itself as an attempt to | aughter, beauty and new 1 to the lives of boys and 1 countr flag and n Matheson to celebra the Boyne. The para« 11 conducted affair wi dges ceach following | . After the parade s and speeches. the speakers were Re and Mr. Dawson, of T1 ey spoke of loyalty tc country., of the necess aest speed ever ie 159â€" mile return t ew world record fo Junior Lyceum o Entertainments =Of one s were Rev. Mr. wson, of TITroquo‘s loyalty to one‘s the necessity for language. ) those ays a 1 eW WO knowt and 500 rate the rade was with the r behind de there the 1 .exâ€" bring interâ€" girls. e finâ€" is are e livâ€" letter i0ng DeIO ‘‘s record nas sometimes been associated with reâ€" commendations for unification of praiâ€" tie Governments. Public sentiment in respect to reducing costs of administraâ€" tion and Chtaining improved service through greater centralization of govâ€" ernment has hardened. Call it selfishâ€" ness or anything else, it is a fact that many struggling people begrudge the salaries paid about 150 legislature memâ€" bers in these three provinces. The Sudbury Starâ€"That was a glowâ€" Yrjo Einar Tanninen, 37, Cochrane, ing, optimistic speech which Hon. Peter |drowned in the waters of Menard‘s Heenan, minister of lands and forests, | Lake, about three iniles from this town, made at Fort William Thursday eveâ€" ; Friday, when rescue efforts by his comâ€" ning, when he predicted the expenâ€" | panions proved in vain. diture of no less than $44,000,000 in Tanninen waded into the water, swam the next three years in construction for some distance and then suddenly of new pulp and paper mills and exâ€" | disappeared. The body was recovered tension of existing mills in Northern | a short time aiter. The deceased man Ontario. I was of Finnish nationality. No inquest During recent months the Sudbury Star has been stressing the need of the government doing something to assist in further promotion of newsprint manufacture in the North, and at the same time deprecated the Hepburn policy of exporting an immense volume of pulpwood to the United States to be made into paper by American workmen and American capital. There appears to be some hope that a constructive policy is at least in the mind of the government. However. to the ordinary mortal, Mr. Regina Starâ€"Ever since 1930 men in touch with western conditions have ad.â€" vocated a reduction in the number of government members. This suggestion Cochrane Council Sells Swimmer Drowned in Lake Old Creamery Building © Near Cochrane on Friday Nerthern News:â€"Note from a mother to a Philadelphia magistrate: ‘"My son was to have appeared before you for passing a stop sign on June 5. He was killed in an automobile accident on June 6." However, to the ordinary mortal, Mr. Heenan‘s nrediction looks rather exâ€" travagant. . Fortyfouâ€"r million dollars is a lot of money in one breath, and the statement does not look consistent with the policy of the government in permitting the export of pulpwood across the border. After all, operations of private corporations have te be made profitable, and there is a limit to which they can go in new construction parâ€" ticularly with the competition of Amerâ€" ican companies making newsprint from Ontario raw material. Still, it is too be hope that Mr. Heennan is not overâ€" stretching himself in his millions. Always humorous Lord Tweedsmuir can be depended on for a spark of laughter when he speaks. Addressing a group recently at Kingston, the Govâ€" erncrâ€"General mentioned that he could not talk on subjects of political conâ€" tention. He addaed he was hedged about in his speaking, saying, "In fact, I am confined to Governorâ€"Generaliâ€" ties." GOVERNORâ€"GENERAL DOES NOT ENJOY FREEDOM OF SPEECH (From Windsor Star) Always humorous Lord Tw can be depended on for a laughter when he speaks. A a group recently at Kingston, FAST COURTEOUS SERVICE Rice‘s Service Station Cars Called for and Delivered TOO MANY MEMBERS RED INDIAN GAS â€" OILS â€" ACCESSORIES iriing to breaxk records on a 316â€"mile trip from he British Empire when a 59 minutesâ€"an averâ€" Car Washing â€" Polishing â€" Greasing Announcing the Opening GUS RICE /A~= Gas Blaze Blocks Traffic at Entrance to Noranda Donkey baseball games are being sponsored here by the Legion. . The Lions Club at Kirkland Lake is the sponsor for similar sport in the Lake Shore town for three games at an early date. Donkey baseball has been very pcpular in many centres, the game making an especial hit in the West. disappeared. The body was recovered a short time aiter. The deceased man was of Finnish nationality. No inquest was considered necessary by the chief coroner, after a personal investigation. Constable Picard of the Rouyn police some days ago took Fred Nicholson, Oof | Ottawa, and Jack Harris, of Vancouver, into charge when he found them trying to sell postage stamps in Albert‘s hotel. ‘ The young men had $10 worth of stamps with them. Other articles ' found in the car included a toy revolver, a box of a dozen jars of ointment, a new clock, and a siphon with tap and hose. The suspicious police wanted to know what they were doing with these particular articles and why. The police! even wanted to kno‘iy where they got the car. Indeed the police had a whole' string of questions to ask and wantedl explanations of everything. The young : men said that the toy revolver wasi carried for protection; that the ointâ€" ment was for free distribution with the compliments of the Hamilton lady who made it. The clock was for telling them the time. If full explanation wasg given of the purpose of the siphon or the ownership of the car, the police did not pass along the explanations to the newspapers. In the meantime the. I two men were taken before J. H. Forâ€"| get, J.P., and remanded for eight days.} During the interval before the next| session of court the police no doubt will ‘ be hunting up explanations on their | own part as to the origin and use of! the unusual articles in possession of : the two men. (‘From Monday‘s Northern News) Over 4,000 gallons of gasoline went up in smoke as two railway tanks blazâ€" ed for an hour on the C.N.R. siding yesterday at the Makamik road enâ€" trance to the towns of Noranda and Rouyn holding up traffic in all direcâ€" tions for most of the duration of the fire. One tank had been fully emptied and the other only partly so when a spark frcm a small engine nearby ignited some of the exposed gas and set fire to the remaining 4,000 gallons in the second tank. The fire call at 5.30 brought both Noranda and Rouyn brigades who playâ€" ed water from three hydrants on the flaming tanks with Gdense clouds of smoke blackening the sky. Men Held at Rouyn Had Odd Things in Possession PROPRIETOR WHATS AT THE END OF THE RAINBOW ? Globe and Mail:â€"Mr. Collin Brooks, editor of the Sunday Dispatch, London. FEng., sees Toronto as tt‘e Capital of the Empire in another century. What a chance Queen‘s Park will have to highâ€"hat Parliament Hill then. Accident Yesterday at Noon at T. N. 0. Crossing on Pine Street South. Both the engine and the automobile were in full view. A brakeman was stationed on the head end of the locomotive. He motioned to Godfrey to stop but he apparently was unable to do so because he had no brakes on his car. After the impact the engine crew looked under the automobile and, allegedly, found the brake rods tied toâ€" gether with wire. The car was not badly damaged by the slowly moving engine, No one was injured. Escaped Prisoner Hunted in Area Near North B: J. Fred Mulholland, prisoner of the Quebec provincial police in connection with prosecutions being conducted for alleged salting of Rubec Mine samples, has been the object of a police hunt in Tilden Lake district since his escape from custody of Sergeant James Haney at that place early Monday morning. He made a getaway while Sergeant Haney was settling for accommodation at a tourist camp over Sunday. The prisoner disappeared into the bush unâ€" seen and although a search was inâ€" stituted immediately and the bush searched and highway patrolled conâ€" stantly since that time, no trace of the escapee has been found. Henry Haskins, game Ooverseer at Temagami who is familiar with the region into which Mulholland plunged, joined the hunt this week. He and Ssergeant Hancy were in North Bay yesterday, presumably to communicate with Quebec police headquarters and contact searchers along the T. N. O. Railway. Mulbolland was being returned from Amos, Que., by Sergeant Haney and another officer, to where he had been taken for identification and the gatherâ€" ing of evidence in preparation for his trial scheduled for Montreal Wednesâ€" day morning. Bad brakes were blamed for an acc}â€" dent which occurred yesterday nocn at the intersection where Pine street crosses the T. N. O. Ry. spur line. An automobile, driven by Charles Godâ€" frey, of Matheson township, collided with a moving yard engine. Both the engine and the automobile Engine Strikes Car Poor Brakes Blame MOV!INC Vansickle TRANSPORT 6â€"day â€" weekly _ service by experienced movers using all modern equipâ€" ment. And our prices make this offer all the more attractive. Avenue hy\