Timmins Newspaper Index

Porcupine Advance, 3 Oct 1938, 1, p. 5

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MONDAY. OCTOBER 3110. 1938 “The earnings of your company. for the first three-quarters of the current firscal years compare quite satisfac- torily with those for thé same period last year. Dividends have been fully earned on both Perferred and Com- mon shares. after ample provisions have been made for depreciation. obsoles- cence and the usual reserves. During this period our sales valume has been somewhat lower than last year. due to general business condi- tions which. we are happy to say. show signs of improvement and with the automobile manufactiu'ers rapidly get- ting lnto production on their 1939 mod- els. our sales volume should keep up veiy well during the last quarter of the: cal. Toronto. Oct. 1.-In a letter to share- holders of the Goodyear Tire Rub- ber Co, of Canada, Limited. accom- panying dividend cheques for the third quarter of 1938. the President, A. G. Partridge. says:â€" Underground Work Program Postponed Meeting last. Thursday to consider the future policy of the company and recent gcological reports of the com- pany engineer and an independent survey made by Profressor Langford. directors of Central Porcupine Mines, decided unanimously to embark on a programme of underground ex- plora tion. According to a report, submitted at the morning the company has cash on hand of $71,908 and dividend-paying investments of $84,595 as of September 27. 1938. The company‘s property. consisting of fourteen claims in Tisda-le Township, is immediately east of and adjoining Hollingcr and McIntyre. with Coni- aurum forming the north boundary. 100dyear Tire Maintains Favourable Earnings UNITED MOVERS Local and Long Distance i‘fii'KlNU -â€" ('RATING SHIPPING STORAGE Regular Runs to Southern Ontario Dl’S'l‘l’ROOF VANS (Tall Us For Phone Your Next 510 Moving Job aplm'ation Not to be Pro- ceeded With at Central Porcupine Mines. HAU LING Doherty Roadhouse Co. 291 New Scott Building Direct Private Wires for fast and accurate quotations and executions in all Market Quotations Broadcast each day at 12.20 noon and 5.20 pm. STOCK BROKERS Timmins, 19 Pine Street North Toronto Kirkland Lake Bay Street 19 Government Rd. West Accurate Markets and Executions in Commission basis only Local Phones 1200 and 1201 Members Toronto Stock Exchange Mining Stocks Industrial and Public Utility Stocks Bonds Unlisted Stocks Burns Shoe All hand-made from High Grade materials only. Sold direct from maker to wearer. Fred Burns Write for Folder and Price List Text of Communique Published at Munich Munichâ€"The official communique issued at, the end of the Four'-Power Conference follows: Official Details of the Eva- cuation of the Sudeten. Germany. the United Kingdom. France and Italy. taking into consider- ation the agreement which has already been reached in principle for cession to Germany of the Sudeten German territory. have agreed on the following terms and conditions governing the said cession and the measures consequent thereon. and by this agreement they each hold themselves responsible for the steps necessary to secure its ful- filment: Firsbâ€"The evacuation will being. on Oct. 1. Secondm'l‘he United Kingdom. France and Italy agree that the evacuation of the territory shall be completed by Oct. 10 without any existing installa- tions having been destroyed. and that the Czechoslovak Government will be held responsible for cairying out the exa: nation without damage to the said installations. Int/ex'national Commission composed of rspnesen'tatives of Germany. the Uni“.- ed Kingdom. France, Italy and Czech- oslovakia. The condltzlons governing the evacu- ation will be laid down in detail by an Occupation by stages of the predo- minantly German territories by Ger- man troops will begin on Oct. 1. The four teiritories marked on the attached map will be occupied by German troop: 'm the Iollowlng order: Territory marked No. 1,011 Oct. 1 and 2; territory marked No. 2. on Oct. 2 and 3; territory marked No. 3. on Oct. 3. 4 and 5; territory marked No. 4. on Oct. 6 and 7. The remaining territory of prepon- deranbly German character will be as- CEIV‘taiRS d by the aforesaid Internation- al Com-mission forthwith and be ocâ€" cupied by German troops by Oct. 10. The International Commission refer- red to in paragraph three will deter- mine .the territories in which a plebis- cite is to be held. These territories will be occupied by international bod- ies until the plebiscite has been com- pleted. The same Commission will fix the conditions in which the plebiscite is to be held. “taking as a basis the ccnditions of the Saar plebiscite. The Commission will also fix a date, not later than the end of November. on which the plebiscite will be held. There will be right of option into and out of transferred territories. the option to be exercised within six months from the date of this agree- ment. A German-Czechoslovak Commission shall determine details of option. con- s-ider ways for facilitating the transfer of population and settle questions of m’mclple arising out of the said trans- fer. The Czechoslovak Government will within the period of four weeks from the date of this agreement release from their military and police forces any Sudeten Germans who may wish to be released. and the Czechoslovak Gov~ ernm-em. will within the same period The final determination of the tran- tiers will be carried out by the Inter- national Commission. This Commis- sion will also be entitled to recom- mend to the four powers Germany. the United Kingdom. France and Italy. in certain exceptional cases min- or modifications in strictly ethnogra- phical determination of the zones which are to be transferred without plebiscite. Huntsville, Ont. The Famous release Sudden Damn pnsoners who are serving «mm of imprisonment for political offences ma Majesty’s Government tn MIC United KW and the French Gov- ernment have entered into the above agreement on the basis that they stand by the offer, oantatmd 1n Fungi-apt; o of the Anglo-French pmposals of Sept. 19 relating to an international guarantee of the new boundaries of the Czechoslovak State against. unprovoknd aggression. When the question of Polish and Hungarian mmormw in Czechsolova- Ida has been settled. Germany and Italy. {or their part. will give a guar- antge to Czechoslovakia. The heads of the Governments of the {our powers declare that problems of Polish and Hungarian mvinorties in Czechoslovakia if not settled within three months by agreement between the respective Governments shall form the subject of another meeting of the heads of the Governments of the four bowers here present. All questions which may arise out of the transfer of territory shall be considered as coming within the terms of reference to the International Comâ€" mission. This is the fourth such dividend de- clared this year and when paid will bring the total annual distribution to $701,679. The grand total of dividends since the initial payment in 1933 is $1,598,905. Bufialo-Ankeritc T0 Pay Regular 25-(70nt Dividend Many Gifted Artists Pro- vide Notable Programme. Those who attended the Canadian Legion smoker on Saturday evening had a most enjoyable evening. The event set a high standard for future smokers of the Timmins branch of the Canadian Legion. Those who contri- buted to the programme represented the best of male talent of the town, and the large attendance showed their ap- preciation in no uncertain manner. Walter Greaves, president. occupied the chair and during the evening in a short address, said that the recent Eu- ropean situation and the great response of ex-servicemen offering their services to the Empire had shown the spirit of the Legion to all. The time was ripe to make a united effort to have all ex-ser- vicemen in the Canadian Legion, he said. A regular quarterly dividend of twenty-five cents per share. payable to shareholders of record. November 15. has been declared by Bufl‘alo-An- kcrite Gold Mines. The sum of $175.â€" 419375 will be distributed on the basis of 701.679 shares outstanding. Delightful imoker at. Legion Saturday Mayor J. P. Bartleman. called upon to make a short speech. spoke upon the recent troublesome times and how it was shown that all the Legion was be- hind the Empire. He suggested that the next flare-up might be easily set- tled by the veterans themselves. Not one item on the programme was below par, all gave of their very best and the assisting musicians which com- prised a small orchestra of Mr. Fostei violin. A. Pollock, cornet. W. A. Devine pianist, carried the eVent through to a successful close. Bert Bridgman opened the program. and his fine voice was heard to advan- tage in “Ould County Down," and as an insistent encore. “Friends of Yes- terday.” Later in the evening Mr. Bridgman obliged with “Home on the Range" and another encore. “John Peel" The band quartettc just lately formed showed that each member possesses unusual musical ability. The quar- unusual musical ability. The quar- tette is comprised of A. Wilford. bass. Mr. Coombs. alto. D. Kent 2nd comet and Geo. Bergin. lst comet. They ren- dered three excellent selections. the high note being reached in "The Come! King," a most difficult composition but superbly rendered by the quartette. Mr. Campsell and Clayton Ross. the mouth organ and guitar specialism made a decided hit with their numbers. and the guitar solos with piano accom- paniment by the pianist for the even- ing was also another treat which pleased all. Jimmy Cowan has everyone going with his usual happy style and the: was insistent applause for each of his three sQngs. “Oh. Mr. Macpherson." “She's the Lass for Me," and “Little Wiggle Waggle." Mr. Foster. violinist. proved he was a master of the bow in his excellent ren- dition of “Danny Boy," and as his en- core an imitation of the bagpipes and Scotch Reels which got all feet moving in happy unison. Geo. Gergin was also in top form and gave a beautiful rendition of the fa- vourite solo. “Until," responding with “Old-fashioned Town.” and by popular demand. “On the Road to Mandalay.“ All were greatly appreciated by the audience. Globe and Mailzâ€"In his retreat at Doom the former Kaiser Wilhelm must smile grimly as he recalls world-wide fulminations against a treaty being re- garded as “a scrap of paper." Mr. Jutra. who possesses a fine tenor voice, also obliged with two very fine solos: “The Desert Song“ and “Sweet Mystery of Life." During the evening cheese and crac- kers were served and a hearty vote of thanks given to those contributing to the programme. The entertainment committee are to be congratulated upon the success of this. the opening smoker. and as a forerunner of the season. Sat~ urday's event will be hard to beat. Munich. 29 September. 1938 Little Nickel Now ’ Used for War Uses |Ninety percent, of Canada's I Nickel f o r Commercial Purposes Only. With Canada supply 86.5% of the world‘s consumption of nickel. it is Interesting to note that practically 90"": or this metal is today used for com- mercial purposes and only 10% can be traced to the use. in one form or an- other. in armaments. The general manager of the Canadian company con- trolling the production of nickel in the Dominion stated. in his presidential ad- dress recently. that approximately $18.- 750.0CO had been expanded in the past twenty years in research. development .md publicity to create psace-time uses of nickel. “Whereas prior to and dur- ing the Great War. the greatest part of the world's nickel production was used in armament." he said. “today the converse was true and all but a of the world's nickel production was used in armament.” he said. ”today the converse was true and all but a small part of the world’s nickel is ab- sorbed by industry for a multitude of peace-time uses." Nickel is of minor importance in war- fare as contrasted with steel. copper. zinc and lead. he observed. Not. only does but a small fraction of nickel go into war materials, but the percentage that does go into armament represents a negligible percentage of the total of all metals used for such,purposes. "For example, no nickel whatever is used in rifle or machine gun barnels or in bayo- net steel. Nickel in bullet jackets has been replaced largely by "gildlng matel" a less expensive alloy containing no nickel whatsoever. Nickel is used in large grun forgings. trucks. aerOplanes and in armour for battleships. The alloy steels used for the purposes enum- erated contain only from 1% to 5% of nickel and the amount of nickel so us- ed is less than 10% of the world output. Thus nickel is not essentially a war metal. nor is it essential to war. whe- ther gauged by the percentage of nickel which goes into armament or whether gauged by the percentage of armament metal which is represented by nickel. “Nickel is sold in bulk to steel make-rs and alloy manufacturers throughout the world, who, in turn. sell their nickel- bearing products to numerous fabrica- tors for final distribution to numerous users. Thus the nickel used in arma- ment exclusively cannot be segregated successfully." We don't, know anything that grows as fast as the money somebody is supposed to have made out of the stock market. For instance. we are informed that a radio commentator. last night. paid some mat‘f had made $300,000 in U.S. teel yesterday. It so happens that if all the US. Steel traded yesterday had all been bought by one man at the lowest point of the market and had all been sold by the same man at the very top of .the mar- kctâ€"if all that had been possibleâ€"he still would not have made $300,000. Probably it was the old story over Making and Losing Money Buying and Selling“ Stocks «By Thomas Richard Henry in The Telegram) same man kctâ€"if all still would Probably again. IL wheat. He didn't mak Otherwise the true. wasn't wasn‘t 5r vvw -: 7 35:117.” $300000 1n 519 3d The“, \\ Wm be“ it, he lost it. :count was perfectly Branch Manager: FRED STOCK Representatives : J. E. SULLIVAN . P. A. MACAULAY 6 Cedar St. N., Timmins, Ont. M. .a y mvcb' Big wsoun Beanie Bidgood Bobjo Brat-cme Buffalo Ankeritc Canadian Malartlc Castle 'I‘retheway Central Porcupine~ Central Patricia Conlagas Comaurum Con.‘ Chibougamau Darkwater Dome An Au Eldorado Falcsnbridgc Gillies Lake Glenora Goldale Granada G-unnar Hardrock Hcllingcr Howey Hudson Bay International Nickel Jackson Manion Kerr Addison Kirkland Lake Label. Oro Lunch Lake Shore Little Long 2' To-day’s Stocks Macassa McLeod Cocksnubt Manitoba and Eastern McIntyre McKenzie Red Lake McWaLteis Mining- Corporation Monet-a McVimc Graham Naybob Noranda Nipissing O'Brien Omega Pamour Paymastei' Pickle Crow Pioneer Preston East Do: Premier Read Authier Reno San Antonio Sherritt Gordon St. Anthony Sullivan Con. Sudbury Basin Stadacona Sylvanite Siscce Teck Hughes Tobum Ventures Waite-Amulet . Wright Hargreaves The Canadians have it all over us. write Marguerite and Tommy to the Chicago Tribune. and explain: While driving in Ontario last week we. saw a sign in front of a farm house outside Toronto that read: “Eggs laid today in cartons." Farmers in the United States are lucky if they can get their hens to lay them in nests. dearth New Liskeard Speakerzâ€"The equator is an imaginary line drawn around the earth and a European boundary in an im-Magino line drawn around the )l‘l CANADA’S CLEVER ”ENS income a 9d n‘ost' East Dome Us 1C Listed There 14.00 88 78 50. 50 2.95 . 4.80 _ 3.70 48.50 14.00 33. 00 2.19 51 72.75 1.55 3.20 29.50 50.50 30 1.20 30 H 10 2.00 1.21 4.60 1.15 2.25 1.58 .11 54 5.15 2.86 1.43 2.25 3.60 1.20 11 98 2.60 47 3.25 1.89 4.85 2.00 5.65 7.60 7.70 2| 29 69 14 59 77 2i) About the Red Cross in Central Europe Peace Time Work Worthy of Special Notice. Spain has been particularly noted. At this time of special interest is the pre- paredness or the Red Cross in Czecho- slovakia and its neighboring countries. In Cmchoslovakia itself. the organiza- tion has made marked progress and its prestige at home and abroad has been enhanced by the adoption there of the Red Cross truce. In Poland. Red Cross activities are many. it takes an active part in the campaign against epidemics. it has 980 highway first aid posts and 60 health centres. At the Red Cross hospital in Warsaw. they have an important blood transfusion centre. The Junior Polish Red Cross has more than 300.- 000 members. The Red Cross in Hungary is also most active. in collaboration with the National Institute of Public Health. Courses in care of the sick were start- ed in 1934 and have become popular among young girls. .3 The life-saving section has several first aid posts; the ed in 1934 and have become popular among young girls. ‘The life-saving section has several first aid posts; the‘ aerial relief services are well organiz- ed. the Hungarian Red Cross owning a number of aemplanes. In 1937. first- aid detachments were instituted. the members being drawn from the ranks of young workers and fire brigades; there are 341 of these detachments. The Junior Red Cross has over 122,000 members. Roumania also has its Red Cross. which proved its worth during the famine in Bessarabia and Moldavia. Over a period of five months the or- ganization fed and clothed more than 100.000 persons and undertook an ac- tive campaign against typhus. Bulgaria has had its red cross for more than half a century. The Society there has three supply depots. 150 medi- cal ou-tflts, complete equipment for air raid precautions. a field ambulance of 150 beds and a Red Cross train with four coaches. Its J‘unior members number 223.000. Jewish People Fast Marking Yom Kippur Special Services Place Tuesday at Synagogue. A strict 24-hour fast will be observed by adherents to the Jewish faith com- mencing at sundown on Tuesday, in their traditional commemoration ’ oi Yom Kippur (Day of Atonement). Un- til sundown Wednesday no food or even water will pass their lips, water will pass their lips. Signifying the Day of Atonement. the worshippers spend the entire day in the synagogue in prayer. self-scrutiny and fasting. begging of God forgive- ness for all sins committed the past year. The Yom Kippur services on Tuesday evening are ushered in with the chant- ing of the ancient Kol Nidrei composed during the Spanish Inquisition. Jewish stores will closed Tuesday evening and remain closed all day Wednesday. Yom Kippur marks the close of a 10-day period of penance following Rosh Has- hono (The Jewish New Year). Services at the Hebrew Congregation B‘Nail Isreal synagogue. Cedar street north. will be conducted by Rev. W. Try The Advance Want Advertisements Mâ€"ww to Take Evenmg o w. M. RITCHI" Linder and Rabbi David Monson. They will commence at 5.15 pm. Tuesday evening with the K0! Nidroi. and end on Wednesday. Octobvr 10th. at. 6 pm. Kirkland Lake Passes the Million Mark for Builtlim: at Kirkland Lake. As will be noted by the article elsewhere in this issue Timmins in the past three months has had fifteen times as much for new buildings in the residential section as for those in the business area. Kirk- lake Lake can not show perhaps, as good a record as Timmins in the matter of new residences. but it has done un- usually well in this respect. For this Bursar of New Mental Hospital at St. Thomas Mr. Wm. A. McIntyre recently ap- pointed by the Ontario Department of Health and Hospitals as bursar of the Ontario Government’s new mental hos- pital at St. Thomas. is a, nephew of Mr. Robt. Holmes. now of Timmins and the Dome. but formerly a prominent pioneer resident of the Cobalt camp. International ()fl'icor Praises Work of Lions Bruce Malcolm. of Niagara Falls. special international representative. was a. visitor on Thursday night last to the regular meeting,r of Timmins Lions Club. The meeting was confined en- tirely to the reading of routine reports and Mr. Malcolm was highly compli- mzntary of the manner in which .the club conducts its affairs. He also spoke highly of the performance of the club's Boys‘ Band, which made much (-1. fav- ourable impression at the Summer con- vention at Bigwin Inn. LADY LAURIER HOTEL A feature of the mmting was the In- troduction of Ray Eddy as a. new mem- ber of the club. Cor. ('f‘d "“‘HERE 101' MEET Y0l’B FRIENDS" Rooms With Bath Reasonable Rates MEMBER .\. ('. ’l'. 8 l' and Second Phone 617 PM)! "V!

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