TODAY 8 Canadian r.uirir (Continued rrom l'agc II Urfncr Rupert Daily rectus Thursday, May 5, 1949 FRIDAY AND SAtTuM t able (u pay an unusually high dividend. Had oilier intumr in 1918 hern no more than the averase of the 15-year periud, 1933-47, your total corporate income would have bee.a insufficient to warrant the pay ALL SET FOR YUKON NIGHT Gyros, at the weekly luncheon meeting of the club yesterday, confined themselves to consideration of final arrangements for the big Klondyke Night dance to be held at the Civic Centre tomorrow night. Committee Chairman A. M. Hurst outlined completed plans and finally detailed the mem WALLACE'S DEPARTMENT STORE ; j fyMfo Sunday, May 8th j UK j j nti rrrr . f ment of a dividend on the ordinary stock." Had any of the company's out WVW'l -c P, "X EVE. iL m Satisfaction Guaranteed or Money Refunded .HloHStASi m m MKNAU CURTIS Moouciwn NO N.Z. TRADE INCREASE SEEN ufacturers' Associ talc! that NeW Zii omy s built on t side undertakings suffered losses Mr. Mather said "no one would entertain for a moment the idea that compensation should bo provided by increased freight rates. Can it then be rationally sucsested that in fortunate years when these investments produce a profit the Canadian Pacific should be required to use such profits to provide rail transportation at rates which do not yrcciuce a fair return on the investment in railway facilities?" The C.P.R. stood in a unique position anions the railways of the English speaking world. It was in active competition with the Canadian National Railways which have been welded "from bers for their variaus duties. Tonight they will swing into action to get the hall in readiness. The carnival features in Klondyke atmosphere will be augmented by surh features as vaudeville stage program including acrobatics, can - can dancing and barber shop quartette. There will be Judging of the beard contest for various awards from the $50 grand prize down. Costumes will also be adjudicated for the award of prkes for the best men and women characters. The Klondyke Night effort is to raise money to help pay off TORONTO O-Any nutatan! 1 markeU-Gr.4 marteMir1 1 4 V' -TV. tlal expansion of New Zealand's trade 'with Canada In the Immediate future hardly seems FABIAN'S ra The term PRELUDE TO KIXDNDYKE NIGHT Two Gyros and a horse, Bill Stone, the Burro and Grant Stewart re-enact days of '98 (Picture by Chandler) ' M possible, James Thorn, New inB as nr.,t ud k . ' 1ftnt hv n Hit N May We Suggest: .eaiuiiu iiiu uoiiimit.Moner iu aince V.i Canada, said Wednesday in an! drtrlroci; trt Ota Canoli'in ,1 . T ... I. .r I inirnrin I flittS wage rate the working expenses ratio rose from 98.3 percent to 99.6 percent. fares. An increase of $2,600,000 for, a full year at the present level 1 of traffic was estimated to re- 1 fx 1 ' f t y Hlouses Suits "Approximately $10,000,000 of w r r Dresses independent and unre-iaU'd linos 'sult Uum tjie Board of Trans-! additional revenue resulted from Hosiery it obligations entailed in the new swimming pool at McClymont Park and the Gyros arc out to make at least $1000 as a result of the effort. intj a well-integrated railway port Commissioners granting an tne 21 percent Increase in Cana system ably managed by a thor- increase of Id percent in first- fian r:ilcs which became effect At VALLACE'S Oj Coiirse mumt (.ughly competent group of 01- ciass passenger fares but, "on ficers." The C.P.R. met this com- t!l0 other hand, we face a loss petition willingly but the C.N.R. of approximately an equal ive April 8, 1948, and from the various increases applying to international related traffic af- possessed "immeasurable MANY COMING TO CONVENTION HERE amount" as the result of an fPcted by United States -rates, order under which the "moun-j ..Car loadings of grain, pet-tain differential" in freight ,.(1iPlim and smelter nroducU Mr. and Mrs. Charles E. Starr have returned to the city after spending the winter in California. Mr. Starr sustained serious injuries in a car accident a few weeks ago but .has made excellent recovery. It need not concern itself with the maintenance 01 credit in tne rates affecting British Columbia wrrP higher but the total volume lmanciai markets Decause tne Was removed. securities of the system are back of freight traffic carried was less than in the first quarter of 1943 j TOO LAI t TO CLASSIFY ChriAi 'as indicated oy a decrease 01 .2.6 percent in car loadings whilo pqr SALE One siiiEle bed. 3 In revlewhijf the outlook for 1919 Mr. Mather said the gross earnings in the first quarter were higher than in the same period of 1918 by 7,999,910 or 10.3 percent. This was more than offset by increased expenses mainly due to higher the decline in total freight vol- ( J ume may continue for some timi ; it is hoped that it will not be the pattern for the entire balance of the year." mirror dressing table ana chair $12, two desks $35 and $6. trl-lite $8, carpet pad. 3 heaters $4, $0 and $10 thousand watts, chairs, jardlniers, tools, etc. 855 Borden Street. (tfi Reservations for the 1949 dis (jict Gyro convention which is to be held at Prince Rupert's Civic Centre are already at a ; premium. At yesterday's wee1'-; Jy lunchnon the local Gyro Club as informed that there wer" already 86 bookings far the steamer Chilcotin which will make a special voyage north from Vancouver with delegates from Vancouver, Victoria, the Lower Mainland. Vancouver f Island, Washington and Oregon. That leaves room for only 20 more delegates on the steamer. Others will be coming, however, by car. rail and air eri by the guarantee of the Dominion government. On the othei hand your company can borrow only in a highly competitive money market and, if it is to provide efficient and modern services, it must earn consistently a reasonable return on the .substantial investment in the railway enterprise." m:itiii:r links pay way The caidina! fact was that, ASSAULT CASE IS ADJOURNED An adjournment until May 11 was granted by Magistral W. D Vance in city police court Wednesday in the case of Reg. Beck-ley, a recent arrival from Vancouver, charged with assau't occasioning actual bodily harm to Clifford McMullen, a cellulose company worker. The charge arose out of a fracas at the weekend in which McMullen received a fractured skull and fractured jaw in a lane at the rear of Third Avenue near Seventh St reet. SODA GRAGi i At your groter , oik -g Premium Sodo CfocL alwoyl prrfec! bakd I I gui f AW V lt v t 4 i :?y. , . . .FOll RESTFUL NIGHTS f "minus the past year of great j national prosperity, nei'her of the two great railway systems' of Canada has been able to pay 1 its way." . Although the C.P.R. has had' authority of Parliament since 193! to increase its ordinary' stock from $335,000,000 to $500,-j j OOO.COO "it has not been possible J ' to offer any additional stock to the public because of the dis-; ! cunt at which the stock is! bought and sold in the open 1 Retf fetter meas Gift Suggestio: FOl'NTAIN PEN and PEM'll, SITS I BHIDOE SETS and TABLE (OVERS BEMUX. IIOTPOINT and EASY WASIill Kt'KEKA CI.EANEK.S. WAIII.E IKONS, STtAt ELECTRIC KETTLES, AITOMATK MIXIl BUIIX.E CARDS, RECORDS, WAI.I I TS, Ti Large assortment of MOTHER'S DAY Cards u niyrkr-t. It- is highly imoortant, that this situation bo corrected 'u-.t. li'Mv to enable your T . iiT''-.- company u obtain a proper pro- poiti(jn of its capital requirements by the sale of equity seem it its and to obtain its debt capital on reasonable terms." Three features of the recent federal budget were of interest 1 McuSmJ -wr- ' - f- pimple or cl.ibirite . . . meals with JEU-O AMBROSIA 1 package Raspberry Jc!I-0 2 tups hot water -j tup Raker's Gx.onut the revision of income tax regulations regarding amortization allowances for depreciable properties, an increase in income tax ate from 38 to 33 nercent which 'will mean that future substantial amount will have to be paid in taxes before provision JLI.L-O on the menu are sure to be favorites! With bewitching flavor like fresh fruit . . . color and sprrkle like rare jewels . . . . . . glorious "just right" consistency, Jcll-Os seven delicious flavors have so miitb to offer. The World's Most Popular lSlghtcup' Oisscile Jcll-O in hot ter. Turn into shallow pun. ( lull until dim. ( ut in nihcs. 1'ilt into large serving dih, combining cubes with the coconut. Serves 4. test for dividends" and removal of the 15 percent tax on passenger Small wonder Jell-O Jelly Powders arc the choice of so m.m'j women . . . for u omlcrjil salads, perfect desserts. Look for the big red letters on the JEI.L-O box and be sure of the finest jelly powders. A Onro4 FoorJl Let a Beautiful Card convey your message of affection on MOTHF.R'S DAY '0s ... PHONE 231 -1'" hit BESNER BLOCK Jell O it trnH mvk owned by Grtral foodi, iimittd IW) Fawcett Torrid Oil I! There ore seven famous Jell-0 flavors Rupert Motors J 7T? Gives Vu . . I (IEANUMi CON KN'f N(l I I I IC IENt " ti) j Digestible ' j Appetizing A'V lm y Excellent r in cocktails 1 -1vrllrmtil la not pnhllahi-il ir rtlplnil h) tlw l iquor ( ofilrol Hoard r ECONOMV ith the Synrroin-matl'' NEW ROYAL HOTEL ., m 25 'I savinf Ltd. NOW OPLLRATIONG I'ROM NEW GARAGE BUILDING, FORMERLY LINDSAY MOTORS, SECOND AVENUE AND FIRST STREET. till HJ ' " Sold on Easy Budge-: Sce thrm now l o Sec US Today! FOR ALL YOUR SHEET METAL REQUIREMENTS WE HAVE THE MOST FULLY EQUIPPED SHOP IN TOWN THOM SHEET METAL LIMITED 253 ilKST AVL. E. PHONE BLACK 881 "JAYCEE" CONVENTION CITY PRINCE RUPERT A Borne Away from Bom 50 Room, Hot and Cold Water PWNCB RUPERT. B.C. Phone 391 P.O. Box 19V PHONES 566 and 866 Villi 1 i 1 I . 1 I mmm i "mmmmmmmm-mmmm mhmmwwb -O . Tff 13 P.M., SAL MAVj NAVY DRIU HALLi Th M DON'T MISS' e y iljmJ Second Avenue U Li LI 11 (