PACE TWO The Daily News PHINCB RUPERT - nniTlSU COLUMBIA Published Every Afternoon, except Sunday, the Prince Rupert Daily News, Limited, Third Avenue. II. F. PULLEX, Managing Editor. SUBSCRIPTION RATES: City Delivery, hy mail or carrier, per month $1.00 By mail to all parts of the British Empjre and the United . States, in advance, per year $0.00 To all other countries, in advance, per year ST.oO Advertising and Circulation Telephone Editor and Reporters Telephone - - Member of Audit Bureau of Circulations. DAILY F.D'ITIO 93 s S6 Thursday, August 27, 1925. Knockers Club At Same Old Game. When we were all trying to get an elevator, the grouchers stood hark and said we would never succeed. Now Unit it is lining built I hey stand hack and say it will never be used. When wheat is pouring through il and we are all buy as bee, the same little hand of knockers will stand bark and spit and tell tis we shall die young if we work so hard. Take Easy Money From Local Lambs. During Hie iat few weeks the city lias been flooded with dock sellers offering shares iu all sorts uf companies, mostly in the east or south. TJiey cnnie in here without anything to show that their propositions are really genuine and the, baud out the usual lino of talk by means of which they get away with the money. Based on experiences of the wl, those who have put up their hard earned cash can wish il goodbye and gel down .to work again and earn another stake. The probability is their money is gone to bolster up some concern that will never pay dividend and Ihe slock will gradually dwindle jn value until ft disappears frujii the slock lists altogether. Such is at his tory aim sum is likely to be the history or Hie rulure.. i We have staled before and we state it again (bat stock which has to be peddled around the country is usually of little value. It seldom pays dividends. There have been exceptions but not one occurs to us just now. Yet we remember dozens that have proved valueless. Loai'ed Against The Investor. Slock that is suld through travelling salesmen is purely! speculative and cannot be considered an investment II is loaded Worse than a horse race. To tiegiu with, the cost of selling the slock runs anywhere from twenty to forty per cent whereas at the races only ten per cunt is deducled by the operator. No legitimate business can stand such a handicap at the start Those who are in business today know that if they pay five per rent on their investment they aro doing well. That is when the whole of the capital actually goes into tho business. If only sixty or seventy per cent actually reaches the treasury the condition is worse. People who know nothing of business imagine that groat prorils are made and that all they have to do is to get on the "inside." Unfortunately such is nol the rase. Profits nn any legitimate business are small and if tweidy Or thirty per cent of the investment is taken at the start, the remainder cannol expert to pay any uiviueixis. neniemiter mere is only one Jlenry Lord in Ihe world, lie is n genius. Freezing Out To -Be Contended With. In addition to the fihllnaxy; ntorlnlity of. business, tho small stockholder has to conlen'd with Ihe bfg ilvestilrs that control the big plants ami freeze out the olhers. There irc a number of plants in Canada and even iu British Columbia not n thousand miles from home thai have never paid a cent of dividend to Stockholders mill vim seem In lie iimitierin2 Vwtmnlitxnc lliui have about ns much value as wall paper, not a cent more, so far as iiKeiy reiurns nr concerned. Sporting Chance In Gold Mine Promotion. ! Iu a gold mine promotion the shareholder does have a sporting chance, because ir the mine is proved rich il overcomes even the handicap or expensive floatation. Many people have made money by speculating in that wny. Pulling money inlo n mine is nol investing. II is speculating. It is taking a chance. But Ihere i a chance, whereas the industrial concern 11ml nk for your money and pays a blgipromolion commission probably! never will and never can iay any tlividcnd and your cash is gone just as ir yon had llirowu it mlo the sea. 'B.C. Silver and Other Mines of Promise in Salmon River j ' Valley Described in Report i (Hy fi. A. Clothier, Resident Kngiiicer I J The B.C. .Silver Mines Ltd., organised in 1.M. wilh a capitalization of I, .".00,00(1, divided into l.00,000 J.hnre, owns ft group or eleven mineral claims north of and adjoining the, hold- nigs or the Premier Gold Mining Company. Iiuring llp Iflstt : three years Hie company has done over .1 mile of underground) work and several thousand feet of diamond-drilling. Tvo ,rn1' I nets have Iteen driven. The lower one wis started on the Oak-' villi Fraction ami driven 1,050 feet to iutore.l a conUnttatioii! of (lie Premier-nre-xonc to the! - i - norllt. Afimil I.OiUI f''l of drin- was then done on tills nine without satisfactory results, l.asi year an upper tunnel, 2i leei vertically higher than tlio No. I, was ilrtven 720 feet, from which two rrossnils were run soulli and one to I he north in iiinin"iii ...... ... . . feet iu width. Ten teet of the drill-core averaged 22.80. 13 feel averaged 30, and !) feet av-' erajtwl $10 In Ihe ton. The whole ore-Itinly is of commercial grade. Further drilling i being pushed ahead lo determine Ihe exlcnt of this ore-body. C. A. Banks is manager and C. B. North in charse of the work al the mine. Sliver Crest The Silver Cresl Mines, Ltd., was incorporated Jn October, toil), wilh a capitalization of1 500,000, divided inlo 2,000,000 (ilmriw ntlil lltotV kAP the Silver rtllHfi Khinp iW i VJeven Cmwn- 'ranfeif innefal claims. They an? siluatiNl on the south-east side of Mount Dihvortli tit the head of Hie Salmon lliver valley. In PJ20 some twenty-four open euls wTcn put in under the su- Mcrvisinn of P. W. llacey, M.K. No wor has been done on the claims since then until last year, when several open cuts were made and two tunnels drixen, wilh Seymour Campbell, the or iginal slaker of snine nf the claims iu l'JIV, in charge of the work. rim country rock is mainly slates merlyinc vidcaule lutrs and uartz porphyries. The slates, have been laid down since the mineralization of the iinder-lyinsr formation, as there is no fracturing or mineralizalbin it (he slates. In places Ihe slate hae Jieen eroded, epoinp the tillneralized "preenslones" un derlying them. The work last year was done on Ihe September 'Fraction claim, on which, in fact, practically nil the work to dale has hern doib. Seven open nils were put In uet 'of. the midille luincjrOT open otits tl'fi'rreii lo in the old work to trace Hie mineralization tlirtii. Al No. 3 of Ihese cuts a tunnel I 'was slarled to cut the ore ex- lllltnill IX kiilil In ii witli.iiliiirv hp tiripoiil Kiminiiii' nl 1 1. l I Hed above ill Cllts allows no prufil and the oilier concern takes the rakeoff. Sometimes by the time the bondholders are paid Ihere is nothing left for the stockholder. Vlieii n.s!ork seller goes around the country offering shares, docs lie tell how many bonds are also issued by the rompany.? Does he show the balance sheet? Does lie tell how much is paid for promotion? He does nol. He talks otherwise sensible nieir nnd women iuWi buying paper certificates that 1 and 2. This-(Xn. 1) lunnel was driven ai listance of 10 feel. Near Ihe) porlal a vein, of good ore was: cros.e, which dnej nol crop on, the surface. About 30 feel hack' from the face nf the tunnel aj crosscut was driven west, cut-i lliiff 10 feel of vein without j reaching the hanging wall. The' last 3 feel b reported to be very pood ore. ' No. 2 tunnel was started 300 feet horizontally and .125 feel verllcnlly below No, 1; Ihe first 15 feel Is open cut' and from there lo Ihe face Is II feel, but a furl her 30 jir 10 feet will be required o get under Ihe ore exposure iu cul Nn. 7 above. So far only small stringers nf ore havci been found. j some very IiIkIi silver assay were obtained from Ihe surface Put Your Money Into ruls and altogether the result Something Sound. M10 yp"a work have been If you have some money lo invest mid you are nol snlNfiedr0' "'"inctory nnd encourng- wilh the bank role of interest buy sotnelbing worlh wblle ,," ' ,1,( company. Prince Rupert cilv bonds pay a good rntc of interest ami you are! Northland Co, sure nf the returti. Victory bonds of course aro the best butj The tNorlhland Mining Co., they do not pay very high rates. Stlfl it is belter to get a smalljLtd., was Incorporaled early In rale, nf inleresl and know Ihe principal is safe than to listen to January. 1025, wlfh a capiluliza-nisy promises of salesmen and bisc everything. The slock Don or It.500.n00. divided inlo they offer cannol lie sold again if the money is needed, where- 1.500.000 shares, lo lake over the as any sound slocks can be sold on Ihe open market at any tunc Troy group of mineral claims, Mtuated at the head of the ai- imin HiVer 'Valley, about a mile south ot Suiuliiil lake, The. group iVmMsts of mm1 iiilnn'Hf etalm Troy, Tro -.No. 2, Troy No. 01, Butte, Welcome. Deadwond, L..L. ttcward, and lrry owned by Neib'MrDonahl and C. II. Lake, Last year the work was con- uf Stewart, who bunded them tin fined to the tipper Itmnel, which rail to K. l. Weston, or Victoria, has been extended 1,125 feel. Mie country rock in tint I" vielu-mnking the total drivage of Hy S the Bear II iver, fori oat Ion, nearlv 2.200 feet; 5,100 feel of or locally called greetisloue. diamond drilling was also done ovcrtaii in places by the linc- lliis year front this level, two rnded stales "tliai pHwomtnale mi holes show ery favorable indi-.the east of Mount I HI worth callous of commercial ore and a third hole will he bored for fur ther information. Considerable work ha? Wt-n done by Neil McDonald In.lrarlnv Hit veins by stripping and open The property is well equipped; culrinp, and I am reliably in- wllh. camps, assay office. pnweri plant, ele. II was announced by Manager i A. Hanks in February, 1U25 , II. if ili .lignum. I .Irill nti n .'I ited. On the Troy No. 3 claim an open cut lnw Uje mineral isation to he 15 fert in width, f level has just intersected a vervw liich 5 fe m whllti is said lo important ore-body. The ilrilliaay 235.6 oz. silver la the lo:. passed through 58 feet ot ore,' and 5.6 ier cent load. Another which, allowing for. t ho dip of the. rut on the Mine vein save assays vein, Indicates an ore-body of IB formed that -nine ry fine shnwiiiK have thus been ex of 35.rt or. silver to the Ion an 13.5 per cent lead aero reel. On the Iroyoo. S elfltm B"" a " silver lo the Ion, and 31.2 per renf lead. All this indicates taut Ihe property merits development The Man in the Moon JIIUTAIN and France are liav- iliK a hard tim' lo asree but they are gradually :jeltiiia there, t remember Hn- time when ve were all lauglil that Fraijce wa our natural enemy. fill: olMctals of the knocker i Club ?ot a blow between lh eyes yesterday when Ihe pood news thai tke elevator would he finished on l)me was published. A c II III. natneil Man- Malonev was .lrresleln Vannmver. was an Ilaliiul. She FllANCK and Britain have come lo an understanding. The only misunderstanding wan whether France should pay her df-bts or nol. HHALLY the only proper war to rerorm the young eope would he to kit! off the parents. All Ihe upllfters lell us the parents are In ulame when Ihe cHBd goes wrong. VILLAMKS ioTnc1ltns become cities. There' Is hnN for Prince lttlft yet. '; . . : ; i I'lCKNICK'l-itl arr iKpte wb ee iow .in rtnfoslabl I hey eai fieenfiu' w it li.iut' aCttiAl) suffertnr. IF your lve grow cold, put I WELFARE I Thl. Bby Welfre Book and Ihu Bby Record will be nt you free on requetU Write The Borden Co. Limited, VANCOUVCR, pglo Brnd it the natural food lor babict when mother' milk fait. on more l furnace. -Distributors for (fflham K9L9RED chillies or sliyl I he Path of the R'ghteous Tlio wbo have objected l t tending Sunday eveninii servt-r"i in St. Mark's Church nn a-l oi.iit of I lie diUlKTi'll- stale nf I lie sidew alk, need have no further 'ear. A new walk has been conslnicl.il. Portland Canal News. J Ten Years Ago I In Prince Rupert J August 27, 1915. eeet The badly ecoliipoei body of SHINGLES 1$ Agents for Prince Rupert Spru:c Mills SPruct Shiplop, $15.00 per M Cedar V-Jolnt Double Check Cedar Rcslh Cedar Channel Rustic Cedar Boat Lumber Albert & McCatfery Ld. Phones 116 and 117 . LAND ACT I Notice or Intention to Apply to tease tand In Queen Charlotte Land He-; enftllap District of Prince llu-, pert, and situate about one and a hair miles eat of Mau'll Lighthouse at Ihe moo lb uf Ma-( itett Inlet, (irabam Island, lliil-; iih Columbia. TAKF. N(iTIn: that Ungara. FUhlnf Packing (ktmpany Limited, of Victoria, B.C., oecu-j pulion. Packer, intends to apply, for a lea of the following de-j icrileif landii: (toromening at a pol planted, at the northwest corner of I At) ... . ... &u.h nmlmin t.lon.l llrOl.l, cut C feet deep hflws a width 'uu' nnH"""1' w"" app-n-niij " olumbia. about on and a half ,,,, eonnnillHt suicide several of a feel of iiurlM 10 7 or e reel or Hm ore assaying iu.4 o nz. r m,..ii i ii,ii,r...i.. wfi'ki ago ny sirHiiiuiR niniei:. " - ............ . was found this morninir in St-- i mwith at .Maett inlet. lion Two near Tale Siren. Orabam island, BrHlsh Odum- . jbla; tliene northerly five chain. ' The iieean Falls wafMr-makinff more or less to low water mark; plant i exrwle, u be workinvi tlnee weerty. along low water in full swinit akjMin before l.ms. mark one hundred and Uly Work i lo I- started on a new chain; Ibence sontherly five mill ami when it is ciiipli ted ' chains; tl ene easterly one hun-Ihere will lie a payroll of overidrcd and fhaln. more or roo men. te. to point of .commencement. - - land containing eighty terra, A young Indian ir Kilkatlajnmre or lee. William Hilt affwl U, died in the LANOAHA FIS1IINO JL PACK1NC Prince Huiwrt Heirml HospHtttjf CO. LTD.. AppHeant veslerday a mult of septic' 'Per K. II. Simpson, Agent. ntiisoatli. HOTEL -ARRIVALS. Prince Rupert A. If. BriMiks. A. (i. Monlcrieo. Mi A. Mace, Jack Cook. E. W. Leenon, A. Farrow. Ii. F. Davidson. B. Myers. N. Murchie. Mra. A. Sutherland. I), (t. Sutherland. Thomas A. K el ley and J. M. Mae-inillan, Vancouver;' Miss li. tl-lum. Prince neorare; Mr. and Mrs. II. Ixnbt Trail; P. I.. Mul-ville, Francois Lake; I. N. Van llise, Chieafo; A. J. K. llistmp, Victoria; Miss A. Johnston and J. W. Mcintosh, Winnipeg; Mi (I. P.. William and Mi Julia S. William. Hartford, Conn.; II. I. Dated June Iflth. 102ft LAND ACT Notice of Intention to Apply to tease tand In Queen Charlotte Land lie-, cording District of Prince llu-l pert, and situate about Iwo miles in a northerly direction from ttooney Point Mnelt Inlet, Oraham Island. British Columbia. Take Notice thai Lanjara Fishing Sc Parking Company Limited, of Matted, B.C.. occupation Picker, intend to apply for a lease of the following de-teribed Jand: Commencing at a post pUnled two miles in a northerly direction Clark, oh. Seattle; II. It. Crew- ro" "ney Point. Massett ln- son. Sail FrapeiM-o; II. li. John- M nUnm Iland, Brillsh Col-! -Ion, Inverness; George lliugslad untbia; ItnJoce easlerly flyet and John F. lloon. Port Edward; chains, more or less. lo low Mr. L. Finney, Caspaco; K. J.i water mark; thence northerly Ahlon, Ottawa; .lame Lamb. H.,"!"" low water mark one hun- II. II. Chong and M. S. Ie, Ca-dre.l ami silly chains; thence siar: T. A. Sandison. HaviMrt :i weslerly five chains; thence Mrs. Jame A. I am. Port Kin-1 southerly one hundred and ilxty ton; Sidney fiortwin, Burn Lake. Central J. Middlejiia, Ocean Falls; .1. II. Kirslnn and W. June. Vancouver; !j. Shefukey and W. Campbell, C.N. II. Advertise ,n Ihe Dll New LAND ACT Notice of Intention to Apply to Lease Land In (Jueen Charlotte Land Ile-cordiug District of Prince Ilu-perl, and situate at Ilooney Point, Oraham Island, British Columbia. Take Notice that Langara Fishing A Packing Coainany chain, more or Icm, to polnl of eommenccinenl, and containing eighty aorea, more or less. LANOAIIA FISllLNO & PACKING PACK1N0 CO. LTD. Applicant Per K. II. Simpson, Agent. Dalcd June 13th. 1025. LAND ACT. Notice of Intention to Apply Lease tand to In Land llecordlng District of; Prince Itupcrt. and situate at' Ferguson Bay, Massed InUl,' Q.C. Islands, B.C. Take Notice Hint Coe-MII-lerd, Limited, of Vancouver. B.C.. occupation Salmon dinners. Intends to apply for a lease of 'ho Limited, Of Maett, B.C.. OCCII- follow-In de.eHI.e.l bind pallon Packers, intend lo applyj Commencing al a post planted for a lease of Ihe following do- approxlmnlcly 0 chains east' scribed land: . from orliwoi corncr ,ot 57l ;' Commencing nt a post Illanled'llieneA anull, I elmln: llisnee' nt Ilooney Point. Crahnm Island, west 10 chains; thence south 2, British Columbia; thence nor therly five chains, more or less, to low water mark; thence westerly along low water mark one hundred and sixty clmlns; (hence southerly five chains: thence ! easterly one hundred and slxtv chains, more or less, to point of commencement, and containing eigiuy ncres, more or less. LANOAIIA FISIUNfl ,t PACKING j PACKING CO, LTD. i Applicant. Per l: II Simpson, Agent I Dated June 12lh, 1025. chains; thence wr.sl 0 ebnlns loj west boundary of Lot 1571: thence south 8 chains; thence1 west ,o chains; thence north 20i chains; thence cast 2 chains, more or le, to beach; llicnco following meandering of shore line to point of commencement and containing 22 acres, more or less. riOHHK.MIM.KIU). ITD, Applicant Per Wm, 0. Mllclmll, Agent Dated Juno 20th, 1025. ' 5cn,1 , nur iiinjiralfd IloutWti." 1 Kindling! i-iiidin llllllti III. I' V III .1 It'll . I" lie.) ;, g5s Dry Kiln Dried Wood. Should Hit yuu Fulllezj $6.00 or nleeljr tied bu.-.jtn, 5 for $1.00. Our Tad to remeioi.. "Sen ire' i- J1U U-. yii: Will u-. Iln-ti. so our ehjrge .i s "all Ihe tin,. Drey '. attended SUnd 345 Th rd In Also Sea C;vt The Prince Rund Transfer & Tnxi Cil Phones 189, 112. CANADIAN STEAM LAUNDRY. and DRY CLEANERS The taundry of Pm" Senrloe, Phone No. t Finished taundry, Wet Wash, Thrlfl-T-Sertlce, Sod Finish, And Dry Cleaning. We nre ii-to receive lo take yoiir lake per" your Lai i i Cleaning. Big Assortment ot Flat Quality Silk, Satin Velvet, Crepes, Taffeta, Flannels, Serges, etc., at I'M' West of England Store Phono 763. HAVE Y0l"W REMODEttED AND REPAIRED ' B. C. FUR Co. Third Avenue Phones Day, Green 120. Night, DUCK 70'