* ue sal ™% \ P*) Pe PAGE TWO Sea ——————— — CS —— : ——es = = PRINCE RUPERT - BRITISH COL UMBIA Published Every Afternoon, Except Sunday, by Prince Rupert Daily News, Limited, Third Avenue H. F. PULLEN - - - Managing-Editor SUBSCRIPTION RATES City delivery, by mail or carrier, yearly period, paid in advance ...... 5.08 THE DAILY NEWS. | SPORT NEWS THE DAILY NEWS CONTEST IS BAGSHAW IS BEING HELD VICTORIOUS For lesser periods. paid in advance . per Week 0.0.0.0... eee 19> By mail to all parts of British Columbia, the British Empire and United States, paid in advance, per year 3.09 $1800 First Prize For Correct Esti- Sy mail to all other countries, MEF Year nn. — cc cecereeeeecoesenerecsenseserneres 9.00 mate of Goals Scored in Na- ADVERTISING RATES : tional Hockey League Classified advertising, per Insertion, per word —.0 0. = 02 _— Added interest is attached to the DAILY EDITION ssn Thursday, Nov. 10, 1939 opening of the Nati nal Hoekey League today by the announcement REMEMBRANCE DAY Bae. oe a hheas Tomorrow is temembrance Day and all Prince Rupert ,,. ake a Meuived Caréuet™ people will join with members of the Canadian Legion and past season's contest will be re- others in keeping alive the memory of the sacrifices made j,omsered as a tremendous success by Canadians in the war. There will be present at the over three million entries bein re-| Cenotaph many who lost husband, father, brother oy corded at Contest Headquarters in| friends. Those more fortunate have double reason to ‘be |Montr real. One not see the} grateful to the men who made such sacrifices for them. |‘ in spinel rt vel: Bie! temembrance Day is not a day of sadness but neither inch of the forward lines of the is it a day for frolic and fun. It is one of the great days to yarious contenders for the World's be kept by Canadians for all time in a spirit of pride and joy in the achievements of their sons and also in consider- ation of the responsibility of the nation in taking a lead- ing part in the movement to avoid any repetition of that awful struggle. U.S. ELECTIONS While most people in Prince Rupert seemed to expect the Democrats to win in the U.S. elections, even the most optimistic hardly expected such a sweeping cleanup as took place Tuesday. President Franklin Roosevelt will en- ter upon office next spring with the knowledge that he has the eomplete confidence of the American people to carry out the policies to which he has committed himself und the party. BEARS ON QUEEN CHARLOTTES There are too many bears on Queen Charlotte Islands. They are a menace to the flocks and their depredations af- tect the salmon fisheries, especially those of Graham Isl- and. They are worthless as game because the pelts are not very good, yet they are protected by a tieell season and also by a bag limit, no one person being allowed to kill more than three in one season. The people of the islands are all “het up” over the mat- ter and it seems as if they have reason to be dissatisfied. A slight change in the game laws would exempt the islands from the restrictions which affect them. It will be remem- bered that recently the bears made a raid on sheep at Tlell, killing a number. Hockey Crown. If the results of each day’s play in Daily News are noted, the chance of winning is as good as if one lived right in Toronto, Montreal or Otta and were able to watch the players in action. The league entries for the season 1932-1933 present much the same appearance as that of last year, with the addition of one more Ca- nadian aspirs Ottawa—re-en- tering the league after an absence of one the vear As Every Mother Knows A growing girl has a real need of SCOTT'S EMULSION . oe Cla at Te Cod-Liver Oil st ire er Vitamins A and D Pi Closely Identified with the Financial Life of Canada | for 115 Years | | 4 i Q industrial, commercial and financial life of Canada Canadian business from coast to coast, Established 1817 HEAD OFFICE, MONTREAL From its founding early in thé last century, the Bank of Montreal has been closely identified with all phases of the agriculeural, It has had wide experience in the banking requirements of On account of its large resources, its national, provincial and local organizations, the Bank of Montreal is always in a position to dis cuss banking requirements and is always glad to do so. BANK OF MONTREAL TOTAL ASSETS IN EXCESS OF $700,000,000 Prince Rupert Branch: F, A. MacCALLUM, Manager Nina Gurvich Loses Decision in Six- Round Main Event at Empress Social Club Arena Good Prelims for hoc- Semi-Final Stopped in Third Round ‘ueted by! @® Aceount of Foul With Tommy de Marco Winning Billy Bagshaw, 145 pounds, won he unanimous decision of referee ind two judges over Nina Gurvich 1 the headiine bout of last night's oxing card at the Empress Social lub Arena under the management f Bill Stone. While Bagshaw, un- yubtedly, had the edge, he found Gurvich a tough opponent with a fighting heart. The only knock- lown Came in the first round when | Bagshaw ran into one of Garvich’s punches and was down for the flash of a second. Gurvich, who was on the offen- sive for a considerable portion of the fighting, was credited with winning the fourth round. The third and fifth were adjudged even while Bagshaw was the better in the first, second ana sixth. Three were six three-minute rounds. Gurvieh’s weight was announced as 147 pounds Norman McLean, purser of the steamer Prince John. acted as re- feree of the main event and J. J. Judge and Jack Preece were judges. Semi-Final In the four two-minute round semi-final, Tommy Marco was given the decision over Chuck Hic- key on a foul im the third of four scheduled rounds. The action of Referee George Howe in bringing he bout to a conclusion at this time did not meet With general ap- proval Hickey had the best of the first round as de Marco was continually covering up evidently to size his opponent up. In the second Tommy opened up and shugged hard. Hic- key took one on ‘the cheekbone shortly before the end of the round and wos down for the count of nine De Marco contiz third when he foul blow Hickey Marco 136 The Prelimfnaries In a three-round (two minute) ae ed and Hickey delive sluggi was the allegedly ng if the grogeyv red weighed 145 pounds and de special event, Rupert Fong com- pletely outclassed Darrow Gomez and earned an obviovs dezision Both boys weighed 136 pounds. Three amateur no-decision two ind a half minute round bouts rounded out the evening's card and one these were very lively and pleased the crowd. The young boys taking part in these exhibitions were Ole Dybhavn, 75 pounds, vs. Billy Long, 75 pounds Bobby Woods. 80 pounds, vs. Ralph Smith, 80 pounds. Don Montgomery, 70 pounds, vs Allan Smith. 70 pounds. Geo Howe refereed al! bouts fexcept the main event. Max Heil- broner was timekeeper and Roi Barnes announcer | i | ; | | There was a good-sized crowd of fans in attendance Jewelers Leading Les Canadiens As a result of thé playing of three out of five games in Tuesday night’s Junior Billiard League fix- ture between Jewelers and Les Ca- jnadiens, the former dre leading 578 to 542. The remaining two games will be played tonight. Tuesday night's individual scores: W. E. Funnell, Jewelers, 200; Frank Kenny, Les Canadiens, 197. J, Sutherland, 178; W. E. Hutson, | 200. Chris Perry, 200: Pete Pritchard, 143. +e eee Hoe e * SCOTTISH LEAGUE + DEFEATS ENGLISH + IN SOCCER MATCH # — } MANCHESTER, Eng,, Nov. # 10:—-The Seottish Football # League defeated the English # League three to nil in an-inter- #, league match yéstepdaly. + * SR OF SOS O% "vy 9 0 0 Ore re CONCERT IS ENJOY ABLE Acceptable Entertariment Provided by Rebekahs Last Evening A véty siccéssttil arid ehjoyable variety Coficert was held last ev- ening in the Oddfelow’s Hall by the Rebekah Lodge. The hall was filled to capacity and everyone pre- sent enjoyed the splendid program that was given J. W. MeKinley acted as chair- man anc the program was as fol-! ows: “O’ Canada,” accompanied by Mrs. J. W. McKinley. Musical selection,” Mrs. Black's Orchestra. Song, Dr. R. G. Large Acrobatic Dance; Miss Gewthorne. Piano Duet. Mrs. J. C. Gilker and Miss V. Feero. Tap Dance thorne Viclin solo, Recitation, Leod. Song, Mrs. A. J. Webber. Dance, Mrs. J. Watt's pupils. Intermission, Grand Drawing, won by Robert Barclay. Joyee Miss Joyce Gaw- Bert Cameron Miss Elizabeth Mc- Musical selection, Mrs. Black's Orchestra Sketch, “The Lady Oddfellow’s Initiation.” Song, Mrs. F. W. Allan. Recitation, Mrs. W. S. Hammond Musical selection, Mrs. Black's Orchestra “God Save the King.” Those taking part in the sketch “The Lady Oddfellow’s Initiation,” were Miss E. M. Earl, Mrs. T. Priest Mrs. J. L. Metntosh. Mrs. J. §. Ir- vine. Mrs. G. W.. Wilkinson, Mrs. A. McNeill, Mis. Bett Morgan, Mrs J. Simpson, Mrs. J. W. McKinley and Stan Boyle Those taking part in the Gance were Misses Norma Archie, Kath- erine Baker. Muriel Eby, June Go-| mez. Florence Gillis, Annie Murray Edna McLean, Charlotte Phillip- son accompanied by Mrs. Robert Wilcon and J. Watt The committee in charge of the affair consisted of Miss M. B. Dur- ran. convenor. Mrs. W. S. Ham- mond, Mrs. Mclean and Mrs. B West and Mrs. SV. Cox at the door RIG PARTY FOR NORTH : Some forty persons comprised the! local Masonie excufsion party which sailed this morning aboard the steamer Prince John for Ketchikan where a fraternal visit will be paid An elaborate program of enter- tfainment has been arranged at Ketchikan for the local people. To- night there will be a banquet and ball and tomorrow evenihe a lodee meeting will be held. Many ladies were included in the party and there will be special entertainment for them The about 10 o'clock Saturday morning from the north excursionists are due home| Thursday, November 10, 1939 "INSURANCE DISCUSSED * Gyro Club Hears Interesting Ad- dress From S. J. Jabour Stable Institution Funfiametital Principles Have En- abled Companies to With- stand Adversities “Thé Stability of Life Insurance” was the subject for an interesting talk by S. J. Jabour, local ‘represen- tative of the Sun Life Assurance Co., at the regular weekly luncheon lot t the Prinee Ripert Gyro Club in | the Boston Cafe Tuesday afiernoon ‘Mr. Jabour gave some reasons to jexplain why life insurance had re- ' mained impregnable Sarena the deflation period of 1930 to 1932 whieh had affected so seriously other lines of business and du which thousands of banks on this continent had closed their doors while real estate and security values and income therefrom had been greatly depreciated. Despite the depression, life insurance in forte in America had shown an in¢erease from. $113,000,000,000 at December 31, 1929, to $120,000,000.000 at De- cember 31, 1931 The mortality table, the legal re- jserve, the interest rate assumed, the law of averages and the invest- ment of funds Mr. Jabour cited as five fundamentals that explained able | } jwhy life insurance had been ito withstand the economic turmoil | of the Great War, the influenza epi- ‘demic of 1918 and the present de- ' pression from which the world was = NEE rn ney front & laeK of understanding of their ftinetions and the hatiye thelr obligations, continue the spedker. Solvency -was not testeq by setting declared }iabj)), tis againas the liquidation ya) ue of . A life insurance company's obligations could not all fall diy, at one time. The obligations reached into the distant fuiure of nerc.y and might f due for payment five 1 or thirty years from now as policies matured and policyholders died, Thete was a fundamental differ. ence between life insurance: com. panies and banking institutions which must meet a large portion of (heir Habilities on demand anq were required, of necessity, to carry a large portion of their a in liquid and gemi-liquid form In closing’ Mr. Jabour quoted the following words of G. D. Finlayson, federal superintendent of insur. ance: “From our knowledge of the condition of the companies, and jt is rather an intimate knowledge there iS no reason in the world to- day why any polityholder should desire to relinquish his olicy through any fear that hi will not continue to honor its objj- dations. Not only that but there | the best reason in the wor Ly these nolicyholders should want to lget more instrance in the | panies with whieh they sured,” com- ire in- Speaker Thanked } Bresident .William Cruickshank twas in the chair and conveyed the \thanks of the members of the club ‘to Mr. Jabour for his inter | talk Guests of the day were | Burrows, Foster Willan, Frank Charnley and G. W. Laidler. Dr. R G. Large and Ellis Morris were wel- comed as new members f the iclub. Farewell was said to Gyro C |E. Starr who is leaving this week to jspend the winter in the sout! ting Dan emerging. i From the mortality table. the| December 16 was selected as t! speaker explained, the insurance | date for the Gyro Club ec} companies determined what to | dance which it was recently dé charge each person at a certain age Through this table, which had come down from England and had been ltested time and time again since | 1750, it could be determined with surprising accuracy how much had to be provided for death claims Yet, in actual experience, through the choice of good prospects and the diversification of risk, profit was made from the mortality table which profit was yeturned to policy holders by way of dividends. The fhazard of human life had been proven to be the least variable haz ard jn the world The legal reserve was another way in which the life insurance ompanies protected themselves ind their policyholders. By amorti zation provision was made for the joayment of all claims when they fell due. This pr¢ pulsory under ind meant that vision was com- the Insurance Act 1 reserve against nolicies must be maintained in the form of cash or high grade securi- ties in sufficient sum to meet ail death clams and maturities as they came due. The be set aside each ;acturial s based on the age age limit of human life Earnings of Comvanies The rate of interest’ assumed in amount to year Wa lence aver- SALES Every Month in the Year 1932 Sales Dates November 22 December 20 1933 Sales Dates January 24 February 21 Mareh 21 April 18 May 16 June 20 July 25 August 29 September 26 October 24 November 21 December 21 Special Sales Held on Request of Shippers Advances Will Be Made as Usual When Requested. Trans- ferred by Telegraph if Desired, THE SEATTLE FUR calculating the policy liabilities was three percent. some using three and la half percent. In actual exper jlence, however, the companies ear- ned more than: that The law of was applied long different lines by the insur ance companies, Mr, Jabour ex plained Speaking of the investment of funds, Mr. Jabour pointed out that every dollar invested by an insur ince company was invested accord- ng to government regulations, Life insurance funds were permitted to be invested in Dominion provin cial and municipal bonds, industrial bonds of certain companies, first mortgages up to a certain valuation of the propert? policy loans and preferred stocks of companies which have paid dividends for se- , ven years previous to the purchase. averages Protection of the policyholders’ ;money is the watchword of a life insurance company’s investment ‘department Misconception as to the position jor life insurance companies arose ) a ‘ | s determined by ito hold. Announcement was mad that the Prince Rupert Pl monic Society would be hold concert for the benefit of relief work in First United Church No- vember 15 To those who are going to make Christmas cakes are making a real bargain we Alsa to cut of town customers these prices will prove ver) attfaetive: Mixed Peel 2 bs 45¢ Cocoanat Shredded 2 ibs 33C Cocoanut Threaded per ib 20¢ Sunmaid Raisins Seede Seediess and Purffed + ies pow tor E a0C Fresh Dutes— 95¢ 39C 4 IDs Australian Raisins bulk, 3 Ibs ell Wi g-—14’s a 2 unut : 28e ee 39¢ PUpnifs, 4-00 bottle SOC ae Raisins $5¢ We deliver all orders $2 or « MUSSALLEM’S Economy Store 18 — Phones — 360 P. 0. Box 575 317 and 319 Third Avenue — Miss D. Hogan -_——— TEACHER OF MUSIC Phone—Black 232 anid go> eel: =o eae EXCHANGE ; 1008 Western Avenue Seattle, U.S.A. a SHOOTING | SUPPLIES All Dominion Ammunition has Super Clean Non-Corrosive Priming — For Sale By — THOMPSON HARDWARE CO.LTD.