4,,;.- . V . Lf ,41 , ..BJ. 4 1 m m I 9 i i at !? m i ' M I e i 11 PAGE SIX THE DAILY NEWS was bi i::f i:n bxkh hi kxsi t :?iiywrBii;n:.iTB3::i:f BiMuara bi i:H;;a!i:i:;nis:i:sa::n:i,i!:n::rii.i:!nii:a:i'i3'B I Values That Make Sales We nwfe Four Inspection We have a wonderful assortment of staple articles for your x friends and every member of the family In Our Basement Store You will find a wonderful selectio i in ? Dinnerware, Fancy China, Cut Glass, Crystal Hand Bags and Suit Cases Medium priced Glasses from 90c. per doz. up A large line of Brassware at special reduced prices And a very special price on Flatware, Hamilton, Waltham and Elgin Wrist Watches Quality & Service Our Motto MAX HEILBRONER Diamond Specialist lai'i i;B.iB,;;i:Bt tms uxmxMmiMtwmimmm turn m ;a tmxm mum immtuxmsm ib ibjm imib kbibib r 1b::- WARNING Thtrt ii no subititut for Ovaltine. It it mad by an tieliuivt proem from frtih f&fti, rich creamy milk and tip bttUy malt. Phjrticianj throughout th world recommend it ai a perfect food. Vital Concern of Every Mother care should be exercised to make sure that children do GREAT not outgrow their strength; that they grow normally and regularly, body, mind, and muscle developing at the same rate. Growing children need more nourishment than ordinary food supplies. Give your kiddies Ovaltine. It is delicious and supplies in concentrated, correctly balanced and easily digested form, all the nourishing elements essential for healthy growth. Children enjoy Ovaltine between meats as well as at them. This wonderful food of Nature makes their glass of milk more palatable, more nourishing and much more digestible. Ovaltine builds sturdy bodies,- sound nerves and alert minds. OVfl LTI N E' TONIC FOOD BEVERAGE iDuiCds-tip 1bLaLri,.NeAve andL fbody Sold t ll good tlom, in iOc, 71c, f 1.25 tnl tfrtcUl t4.50 family tiie tint; alio scTitd tt tod fount tint, A. WANDER LIMITED. London, Englind, and Peterborough, Canada jos If You are one of the few People Who do not already Take the Daily News We suggest it would be a good tiling, to get in line with progress. Telephone for the boy to call and then pay him a dime a week and live happy ever afterwards. lie an ipptimist. Subscribe to the paper that radiates, optimism. ' THE DAILY NEWS ' Telephone 98 Third Avenue If your paper docs not arrive, telephone the office I M NEWS OF THE MINES AROUND PRINCE RUPERT Jump in Silver Heartens Mining Men of District-Finances of Columario Future of Premier Discussed Mining men of the north are looking at the fluctuations of the silver market with a great deal of interest. There is a well-justified feeling that if the price of silver continues to rise, it will result in the reopening of Work on a great many mining properties in the district. This is essentially a silver district and it has been on account of the low price of silver that there has been so little mining activity dur ing the past couple ddyeir. ; Holdings of the Columario Oold Mines, which Is planning to raise finances for the erection of a mill, consist of approximately 1,000 acres in Kitselas Mountain on the southeast side of the Skecna River about vhree miles south of Usk. Develop-nent has been carried out through i scries of tunnels driven into the mountain side and ore reserves are now placed at approximately 75,000 ;ons from the known ore shoots, rhe company is without cash and lt now proposes further financing In irder that a mill can be constructed ind the property placed on a producing basis. According to an eastern authority, Premier Gold Mining Co. Ltd. tas been paying dividends steadily iince 1921, having disbursed over il5,500,000 to the shareholders In Jiat time. It has pursued the policy jf building up a capital surplus and iepreciation and depletion accounts has has enabled lt to con-inue dividends in excess of its nominal earnings now that produc-ion is reduced through depletion f the property. The Premier gold roperty, consisting of 34 claims ind equipped with a mill of 400-ton laily capacity, has been developed: hrough a series of adits driven into he mountainside to intersect the clns. Officials report that the ore hoot carrying commercial values ottomed slightly above the fifth cvel, indicating that the mine is ast nearlng depletion. Total ore re-erves on December 31 last were hown at 369.5505 tons, averaging 055 In gold and silver. Production tas been steadily declining since 927 and further declines in output ire expected ttys year. Earnings in .he immediately preceding years lave been greatly in excess of dlvi- 1end requirements, before deprecln- ton and deplstlon but write-offs lave brought trie net earnings down ind dividends have been paid hrough a special account set up for depreciation and depletion and. h?refore do not reflect the true op erating earnings of the company, dividends were reduced from 24c to 2c annually early this year and ire now payable four cents a share very three months. While the pro- luclng property is regarded as being near depletion, the company maintains an exploration staff In search of properties of merit and, in addition to the Porter Idaho. Silverado and Prosperity groups of Maims, all silver properties at Stewart which are now idle It holds in option to purchase and Is fur ther exploring the Toburn gold -nines in the Klrkland Lake area. Ontario. The company has a strong liquid position and. on December 31 last, had a working capital of tl.804.710. The future of the com- nany, when operations at the Pre mle r property are finally completed. rpgU with some of Its valous subsi diaries or properties under option developing Into profitable produc rs. It Is through the acquisition of these properties that the company hones to perpetuate itself as a min ing enterprise The follovflnn table lves a summary of production since the commencement of oper Drink More Milk For Fresh Local Milk rhone Red 608 DOMINION JMIRY Radio Tubes Tested FREE With the Jewell Tube Tester McltAK HKOS., LTI). itlons at the Premier property pro-, ner: Year Mined Dulllon Recovery tons recovered per ton 1919 .... 488 $ 165,000 $338.00 1920 .... 799 124,000 155.19 1921 .... 4,356 1,400.000 321.40 1922 ... 102,234 4.782.885 46.75 1023 .. 145.665 3.252,917 22.33 1924 .... 159,014 3.857,328 24.26 1925 .... 168,557 3,267,214 10J8 1926 .... 230,937 3.782,032 16.37 1927 .... 244,172 3.737.565 15.31 1928 .... 275.811 3.180.117 11.53 1929 .... 268.556 2,404.980 9.01 1930 256.836 1,996.748 7.77 Dale L. Pitt, general manager of the Premier Gold Mining Co. Ltd., has been in Vancouver recently attending the annual convention of the Canadian Institute of Mining and Metallurgy. He states that his company is still earning every dollar of dividends paid. Woodbine Has Big Turnover Over 10,000 Shares Changed Handi In Vancouver Yesterday Georgia River and Reno Gold Also Active VANCOUVER, Dec. 2Woodbinc was the most active of British Columbia mining stpeks on the local Exehinge yesterday. 10,500 share turning over and the price holdlnp, steady at lc. Georgia River an.l Reno Gold also registered sales. mmr r r IE For Quiet Rtlitf from COUGHS & COLDS TAKE MIXTURE Th try fine tip of tkil poor, pungtot, penftrativa tniitur gtu rnulu. ACTS LIKE A FLA$H- ASINGLESIP PROVES ITI M.II CHRISTMAS SUGGESTIONS Our stock is fresh and crip. Order your requirements while our stock is complete. Glace Cherries, whole, per lb. 10c Citron Peel, per lb 30c Lemon and Orange Peel, per lb. 20c Pineapple Rings, per box 50c Almond Paste, H's .33c Oround Almonds, Ws, Vfc's, 21c, 40c Shelled Walnuts, broken, 3 lbs. $1.00 Shelled Walnuts, Vt's, 2 lbs 75c Shelled Almonds, per lb. 40c Layer Figs, per lb 20c Table Raisins, fancy, per pkg. 25c Australian Raisins, light, 7 lbs. $1.00 Australian Currants, rcclcancd 7 .lbs $1.00 Apple Juice for mince meat, bot. 23c Ginger Wine, per bottle 50c Malklns Best Pineapple, 2's, tin 30c Malklns Best Orapcfrult, 2"s, tin 25c Malklns Best Spices,, per tin 9c NUTS Brazils, Almonds, Filberts, Walnuts St Chestnuts, per lb. 23c Out of Town Customers should mall their orders early and be assurril of getting their full requirements Mussallem's Cash & Carry Stores "Where Dollars Have More Cents" No, 1 Store Fifth Ave Phone 18-81 No. 2 Store 319 Third Av Phone 360 i No. 3 Store 727 Third Ay Phone 375 Public Buying Turns Upward Syndicate Index Shows Sharp Cains In Home Building, Insurance and Retail Trade Sharp gains in home building and Insurance, a moderate Increase in retail buying, and an apparent end to the decline in living costs feature the changes in consumer habits since last month, according to statistical organizations. The .upturn in home bulkllnu comes as a pleasant surprise at this time of year, since the trend is normally downward. The upturn In Insurance buying, coming at the same time as a decline In savings, again Indicates an Interesting change In consumer habits, since insurance buying had been steadily declining, while savings had been making new highs on successive months. M.' M. OTJrlen. chief field engl neer for the Consolidated Mining & Smelting Co., is a passenger oi board the Prince Rupert todav bound for Stewart where he will pay one of his periodical visits o! inspection to the Big Missouri mine. Wednesday, December 2 .1911 Two Shows - 7 and 9 Dm. Feature Starts at 7:40 t i a ADMISSION - 20c&7' T1IURS. MATINEE at 1? Feature Starts 3:10 15c k Two Fascinating Favorite, TALLULAII DAXKIIEAD mi FREDERIC MARCH in My Sin' Can her strange life story Justified? A raramounl Picture One that e vm 0. man will want to ice Comedy "Lone Star lUnjer" Musical "REACH NITS" FOX NEWS FRIDAY and SATL'RD.tT CITY LIGHTS" TheFish which made Prince RupcrtFamous "Rupert Brand" SMOKED BLACK CO: Prepared Daily Hy Canadian Fish & Cold Sioragc Co., Lid. IMUNCR KUPtiltT. H.C. Hard Time Prices For Cash No. 1 Alberta Lump $12.59 No. 1 Alberta Egg $11.58 Pembina Peerless Lump .... $12.00 Pembina Peerless Egg $11.50 HYDE TRANSFER-PHONE 580 STRENGTH UP GOAL Buy the real Coal our fa. mous Edson and Cassldy. Welllncton In any quantities. Also Bulkier Valley nay, Grain and Itobin Hood Hour, Prince Rupert Feed Co PHONKS 58 AND 558 YOUR SLEEVE Everyone knows tVat sta-mina--strcngth in reserve -is as important as muscular strength. Bovril not only develops the muscle and the frame; it develops stamina by storing up a fund of energy in reserve. Build Strength with OVR I ILa PHONE 649 Steam Cleaning and Pressing Alterations Mude Collection and I)f" F"t LING- THE TAW. 'limit; -