A little paper with all the > i news and a big I circulation I i .«..#..#..«..»..•«•-♦•••"••••»••■•"•• 1 THE HERALD Published in the interests of Alice Arm and Anyox, B. C. ^ .».s.....t..s...,,!..«.•.*. •..•..»..• , I ! $2.50 a Year j Alice Arm and I Anyox. $2.75 to I ! all other points. I <i »"•-<•■•••.»• ••<•• M ■ ••••• • VOL. 8, NO. 31 Alice Arm, B. C, Saturday. February 9, 1929 o cents each. Mechanics Win First Half Basketball Schedule Mechanics won the first half of the basketball schedule when they turned back the Beach on Monday to win 24-16. Play in the first half was close, the score at the intermission being 8-6. A win for the Beach would have produced a tie between Mechanics and Concentrator. In the second half, however, the Mechanics speeded up and earned the right to take part in the postseason play-offs. The Teams were: Mechanics, Lindgren 4; Steele 10; Lazorek 6; Dodd 2; Evans 2; Deane; Cloke. Total 24. Beach, McLachlan 2: McCallum 8; McDonald 2; Stewart 2; Spencer; Peters 2. Total 16. Referee G. M. Lee. Win For High School Girls High School hung up a win over the Beach Ladies on Monday 7-4 after a gruelling first half which ended 2-1. This does not affect the standing in the first half which leaves the Mine Ladies on top. The Teams: Beach, Mrs. McRostie 2; Mrs. Wenerstrom 2; D. Greenwood; P. O'Neill; M. O'Neill; T. O'Neill; V. Eve; A. Scott. Total 4. High School: F. Cameron 2; L. Dresser 5; M. Dresser; W. Cameron; J. McDonald; K. Eve. Total 7 Referee: McCallum. High School Games For a few weeks now the boys' basketball teams of the two schools will play every Saturday afternoon for the prizes donated by the P. T. A. High School won the first game of the series last Saturday 14-4. Players were: High School: Fred Calderoni, 6; T. Calderoni 1; S. Brown; F. Dodsworth; I. Davies, 4; B. Loudon; G. Anderson. Total—14. Public School: F. Mikeli; B.Gil- lies, 2; M. Patrick; A. Dodsworth; A. Deeth; L. Kirby, 2. Total-4. Indian Reserve Will Be Placed on Market Whether the former Indian He- serve at Alice Arm will be placed on the market this year, and what preference will begivon those occupying the land when it is done, has been a matter of conjecture since the ground was surveyed last summer. In reply to a letter requesting information sent to the Minister of Lands by tlie Herald, the Hon. V. P. Burden stated that the field notes and plans of the recent survey had not yet been dealt with. He, however, stated that: "It is the intention as soon as the necessary arrangements can be made to offer these parcels for sale at public auction. In the meantime consideration will be given to the matter of the improvements by persons living on the area with a view to making arrangements to meet the conditions. No action will be taken without giving the public due notice." Anyox I. 0. D. E. Elect Officers The Annual Meeting of Kincolith Chapter I. O. D. E. on Tuesday was well attended. Reports showed a very successful year. Officers were elected as follows: Regent, Mrs. Lang; 1st Vice Regent, Mrs. J. Dewar; 2nd. Vice- Regent Mrs. J. Cody; Secretary, Mrs. C 0. Fricker; Treasurer, Mrs. F. Kidd; Standard Bearer, Mrs. B. Shelton; Educational Secretary, Mrs. J. Wynne; Echo Secretary, Mrs. C. McLachlan; Councillors: Mrs. Eve, Mrs. W. Barclay, Mrs. J. A. D. Stewart. Mrs. O. G. Macintyre was welcomed as a new member. For the Provincial Convention of the order at Victoria in May the Chapter chose as its delegate Mrs. Lang. Visitor Speaks Highly Of Esperanza Mine The tonnage of ore developed; the capable manner in which work is being done, and the favotable location of the mine is much better than 1 even anticipated stated Mr. W. Leinss, after making a thorough examination of the Esperauza mine over the week-end. Mr. Leinss came north from Trail for the specific purpose of examining the mine on behalf of forty shareholders of Trail. He was accompanied by Angus MacDonald, an old resident of this district, at whose invitation the visit was made. Mr. Leinss stated that he believes the Esperanza will become a big producer and due to its ideal location so close to tide-water should be a financial success. A large amount of stock in the mine is held by people of Trail, Rossland and Nelson. An emergency meeting of the shareholders of the company was held at Prince Rupert during the week. It was attended by Mr. Leinss and Mr. MacDonald. Future plans in regard to the development of the property were e\pected to be decided upon. Development work at the mine is progressing with all possible speed. :iThe big ore body is even larger than was expected. A report of recent development work will be published in our next issue. Anyox Elks Lodge Elect Officers The annual election of officers of Anyox Lodge No. 47, B. P. O. Elks, was held in their Lodge Room on Monday evening. The following officers were elected to carry on the affairs of the Lodge for the coming year: E. R. Johnson—Exalted Ruler. S. M. Armstrong—Leading Knight. A. S. Nickerson—Loyal Knight. S. B. Roberts-Lecturing Knight. F. F. Brown—Treasurer. M. J. Sheen—Secretary. F. Knight—Inner guard. S. Cololough—Tyler. F. Dresser—Organist. A. Davis—Esquire. B.- M. Buck, H. Williams, F. Rhoein—Trustees. Installation of the above officers will be held on Monday evening next. All members are requested to be present. Basketball Dance Enjoyed The dance arranged by the Basketball association last Friday was much enjoyed. Profits were about forty dollars—considerably less than hoped for. Great credit is due to the handful of people upon I whom the burden was thrust. The [Committee comprised Pres. V. S, McRae, Vice-Pres. Miss Richards, ISeoy-Treas. Manning and Miss [Greenwood and Norton Youngs. Granby Co. Will Drill Hanna Property Wm. Hanna's property, which adjoins the Hidden Creek mine, and which was acquired last fall, by the Granby Co., will be diamond drilled in the spring. This decision was readied following a radio elec- trio prospecting programme carried out last fall. A geological survey will be made and also Hidden Creek mine. +«»+>•. f ■•' S) ■<■ +.».4-*-+'».+'fr 4) ■>■ 4) ■<■+««.+.«.+ ALICE ARM NOTES The Badminton Club hope to arrange their postponed tournament for Sunday February 17th. t4 ♦—♦♦ ♦ ■■' ♦ '«■ '■■»■«-»■»'<).«.4) ■».«).».«>♦♦♦♦ ♦ Mr. and Mrs. Win. Leinss, who made an examination ofthe Esperanza mine over the week-end, left on Monday for Trail. H. T. Airey, who, for the past two months has been in charge at the Toric mine foi' the Britannia Mining Co. left on Monday. J. J. Dore, distriot superintendent of Dominion Telegraphs, left for Stewart and Prince Rupert on Monday, after spending the weekend here. Angus MacDonald, who accompanied Mr. and Mrs. Leinss from Trail to examine the Esperanza mine left on Monday. N. Fraser, general manager at the Esperanza mine left Monday and returned yesterday from Prince Rupert. While iu the terminal city he attended a meeting of the Esperanza Co. J. Wilson who has spent the past two months at Smithers arrived home yesterday. Big Masquerade on Monday The P. T. A. Masquerade Dance takes place in the Gym on Monday night. Eight prizes for costumes and one prize for the holder of the lucky admission ticket. Couples one dollar; extra lady fifty cents. Excellent music and supper. Proceeds to welfare work. Officers Elected Teachers Association The South Atlin Teachers'Association, the northern branch of the B. C. T. F. has elected the following officers for this year: President. Mr. Fordyce Clark; Vice-President Miss D. Hoadley; Secretary-Treasurer, Mr. D. J. Hartley. Executive Committee: Mr. Richardson (of Stewart), Miss Heaney. Auditors: Miss Ormrod, Miss Richards. Conservative Executive Names Omitted In the report submitted last week to the Herald in connection with the annual meeting of the Anyox Conservative Association, three names were accidentally omitted from the members of- the Beach Executive committee. The names omitted were- C. Cane, F, Pearson, N. Sutilovich. W. A. & Guild Elect Officers The recent annual meeting of Christ Church W. A. and Guild was well attended, and much important business was transacted. Officers for the ensuing year were also elected, which are as follows: President, Mrs. J. S. Brayfield; Vice-President, Mrs. J. R. Carr; Secretary-Treasurer, Mrs. G. H. Stewart. There are numerous brands of cigars; some good, some lair and some rotten. The best is an ElDoro. Russo-Asiatic Cons. Is The Company Making Offer Toric Mine The Russo-Asiatic Metal Consolidated is the company that has made an offer for the Toric mine, terms of which were published in our last issue. Their offer puts a price of $1,050,- 000 in cash and stock on the Toric, an increase of $200,000 over the Britannia deal, giving much more favorable conditions to the shareholders. It means giving the shareholders about 80c. on the dollar of Toric stock issued, and 80c. on the dollar in new shares for all Toric stock issued. The above company is one of the strongest mining corporations in the British Empire, with a paid up capital of three million pound sterling or $15,000,000. Agreements of the t.ansfer have been forwarded from London to Vancouver for the B. C. directors to sign. The majority of British shareholders have accepted the offer. The passing of the Toric mine to such a huge concern will be welcome news for the distriot. Ample funds will be available for development work and equipping the mine with a mill, power plant etc. large enough to make it possibtato treat a large tonnage of ore economically. The above was received at the Herald office by mail during the week. From other sources it is understood that a meeting of the shareholders of the Toric mine will be held on February 20th. to ratify the transfer. Following which, the Russo-Asiatic Corporation will examine the mine. The Financial News in its issue of February 1st. published a lengthy article regarding the new offer, a portion of which is as follows: " "On reliable authority The Financial News learns that Toric Mines Ltd. directorate does not at present intend to ratify the tentative option on the property, arranged by a director, with the Britannia Mining and Smelting Co. and that a deal, on terms which would appear to be more advantageous to shareholders of Toric, is being negotiated with Russo Asiatic Consolidated, a British mining organization, whereby the latter will take over and operate the Alice Arm property." 'As a result of this action A. C. H. Gerclardi, manager of the company, who recently launched an action against Toric Mines Ltd. for claim of approximately $23,000, is expected to drop the suit." A Toric shareholder, visiting Vancouver from London presumably in behalf of a majority of shareholders, and despite the opposition of F. W. Bernard,,president, and Mr. Gerhardi, entered into a deal with the Britannia Mining & Smelting Co,, Ltd., on what was regarded by Continued on page 4 ALICE ARM AND ANYOX HERALD, Saturday. February 9 1929 Alice Arm & Anyox Herald Isused every .Saturday at Alice Arm Alice Arm and Anyox $2.50 Yearly Other Parts of Canada, $2.75 British Isles and United States, $8.00 Notices for Crown Grants - - $15.00 Land Notices .... .$15.00 Transient, Advertising, 50c. per inch Contract Rates on Application. E. MOSS, Editor and Publisher. Pre-election promises by Provincial Conservatives, of legislation to further assist and develop the mining industry are implemented in a measure forecast in the King's Speech, to amend the Mineral Survey and Development Act. One outstanding feature of this legislation will improve administration facilities in connection with the various mining districts into which the province is divided, of each of which a Mines Department Resident Engineer now has charge, with a residential or official base within his district, and in large districts with an associate engineer assisting him. It is now proposed to enlarge the governmental power so that the Minister, with Executive concurrence, when occasion warrants may re-define, create or readjust the boundaries of such mining divisions, or shift the resident engineer's headquarters, or otherwise improve the Department's administrative and technical facilities in the field to keep pace with new discoveries, rapid expansions or other deviations from normal growth, especially peculiar to mining country and in mining operations. Another feature of this progressive legislation defines the assistant or associate engineer of a district possessing two such representatives of the Mines Department as the Assistant Engineer thereof, instead of as "the assistant to the engineer," which latter designation tends to lessen public appreciation of His professional status. Amendment of the Act in these particulars will enable the Department more expeditiously and efficiently to co-operate with the pioneers in development of new mining areas as such are discovered, and to move its officials about without time loss and to the general advantage of the industry whenever particular districts experience Demand For Copper Undiminished Sustained demand from abroad appears to have started the latest Hurry in tlie copper market. Sales to foreign consumers are already in excess of 50,000 tons this month, and it is not impossible that the realization of this active foreign demand served to bring domestic consumers into the market, despite the relatively unfavorable Decern ber statistics. Copper Exporters, Inc., advanced its price to 17.25c. per pound, c. i. f., today. Sales on domestic account in the last week have been about twice normal. Considerably more than half of this total was sold on Monday and Tuesday of this week. In fact, late Tuesday afternoon sever-' al sales at close to the 17c. Connec ticut Valley equivalent were consummated, and most of the sellers were making no offers below that level. Today all sales agencies are quoting 17c, though tlie tonnage sold at this price has been very small.—Engineering & Mining Journal. Copper Rise Worth Millions to B. C. To British Columbia, which is Canada's leading copper producer, the rise in price of copper is cheering news. Every additional quarter of a cent rise in the price means an increase of a quarter of a million dollars a year to B. C. producers, the total production of the province being now approximately one hundred million pounds a year. Without doubt the rising price of the red metal is a big factor in the abnormal run for copper stocks, both on the local and on the Eastern Canada and New York market. Canadian Wheat Yield 1928 Was Record Canada's yield of wheat for 1928 was 533,571,700 bushels. This is the first time the crop has passed the half billion mark, it was announced by the bureau of statistics. periods of exceptionally rapid growth owing to new discoveries and consequent stimulated appeal lo the public imagination. This new legislation follows generally the lines of Ontario's, which has worked exceedingly well. NOW BEING DEVE0PED Utility Mines No. 1 Limited have taken over the Tiger and Kitsol Groups in the Upper Kitsault Valley, and an intensive program of development work has been inaugurated. v For Full Information apply to the Fiscal Agents: . Utility Mining & Financing Co. Ltd. 830-831 Rogers Building, Vancouver, B. C. Government Will Not Allow Duplication While there is keen competition between the two big railway companies for the right of entry to a number of districts in the wheat fields of the prairies, it is generally understood that they arrive at some understanding by which each will serve a certain definite territory. There will also be some arrangement in regard to the opening up of the Peace River, where joint control of tlw existing line is being arranged. The sentiment is expressed that parliament would not allow any duplication of lines. The folly of doing so in the past has been made clear in the case of the double line through the Yellowhead pass, where one of the tracks has been turned into a highway. THIRD PRIZE 130.00 FOUfcTH MUZE $20.00 FIFTH PRIZE *10.00 TEN PRIZES OF <J.OO ach Below will be found t Puzzle tint msy appear to be simple, but is not so simple as it looks. Tit it, and if yon solve it correctly, and wilt sell for ns I boles of HOME SALVE at 25 cents I per box yon have an excellent opportunity to win a CASH PRIZE, ranging in value from »S.00| to (50.00. HOME SALVE is > Household Emergency Remedy that ia easily sold. Housekeepers need it, and ue* it. It is becoming more popular [every day. mm ^ G1VLN AWAY IN CASH FIRST PRIZE SECOND PRIZE . .-I} 50.00 „$40.0Q There if to entrance to tne above nun it etch corner. One of these entrances leads you into end around tbe maze, (but not through tbe centre) tben out again at the corner at which yon started. Find this path and trace it with a toft pencil and you will have the outline of i popular fruit. Cut out the Puzzle and write your name ind address plainly on a sheet of paper, together with the words "I ban solved the Puzzle and find the fruit to be a (state the fruit that you find it to be). We will then notify you immediately if yon are correct, and if so, will send you, at our risk and expense 8 boxes of HOME SALVE to be sold at 25 cents per box. The Pint Prize is $50.00 in Cash, the Second Prize $40.00 in Cash and ao on down the lilt until all the Prizes are exhausted. WE HAVE GIVEN AWAY THOUSANDS OP| DOLLARS IN CASH PRIZES TO PERSONS WHO CORRECTLY SOLVED OUR. PUZZLES AND SOLD HOME SALVE. We see no reason whatever why you should not be a Cash Prize Winner. Ii it not worth your while to try? Send you answer to-day. Don't fail to write the words we mention neatly, and' state what the fruit you found is, as in tbe event of ties, writing and neatness will he con- tidered factors. HOME MANUFACTURING CO. Dept.G McNah Building, TORONTO 3. B. P. O. ELKS Dominion of Canada and Newfoundland ANYOX LODGE No. 47 Meets every second and fourth Monday of the month Hall for rent for dances, social functions, etc. on application to club manager BUILDING LOTS ALICE ARM Business Lots from $200 to $500 Residential Lots from $200 to $300 Robertson & Dumas Agents for Alice Arm Mining and Development Co. IT" ~~\ PIONEER MESS CAFE ANYOX B. C. Bread, Cakes, Pastry, Catering SPECIAL DINNERS ARRANGED ON REQUEST PHONE 273 Al. Falconer Alice Arm Baggage, Freighting, Pack and Saddle Horses COAL & FINISHED LUMBER Slab Wood Cut any Length Every Order Given Immediate Attention r- Coat Reduction We have a large range of Ladies' Winter Coats. AH New Stock, including the Latest Colors and Patterns. These we offer at a Reduction of TEN PER CENT A Big Opportunity to Save LEW LUN & Go. General Merchants, Anyox West side of Smelter OPEN UNTIL 10 P.M. e- GENERAL OUTFITTERS We carry at all times a Full Line of First Class Groceries; also Heavy and Shelf Hardware. Clothes, Boots, Shoes and Rubbers of all descriptions. A large stock to choose from T. W. FALCONER Alice Arm GENERAL MERCHANT ^ British Columbia THE LAND OF OPPORTUNITY Virgin Fields for the Prospector: Two Hundred Thousand Square Miles of country known to be extensively mineralized remains a virgin field for the prospector. Many Promising Un-developed "Prospects" To the investor in un-developed "prospects", well worth opening up, British Columbia offers opportunities nowhere excelled and possibly nowhere equalled. An Area Rich in Promise: Between the Nass River and the Yukon—British Columbia Boundary is a stretch of 350 miles of territory as yet unprospected. It is on the eastern contact of the Coast Range Batholith. Government mining engineers speak highly of its mineral possibilities. Means of access via Alice Arm, Hastings Ami, Portland Canal. Unuk, Stikine and Taku Rivers, or by way of Skagway through the Atlin District. For Information Regarding British Columbia Mines, apply to Dept. of Mines, Victoria, B. C. Special Bulletins, Annual Reports, etc, furnished free of charge on application IK ALICE ARM AND ANYOX HERALD. Saturday. February 9 1929 Chamber of Mines Is Active Organization The British Columbia Chamber of Mines has issued a cpmplete report of its work during the year. This report was presented to the annual meeting held on January 8th. During the year, the Chamber has moved from its old location to the B. C. Mining Building, quarters that are very suitable. A great deal of work has been entailed in attending to exhibits of ores, coal and coal by-products and , mineral products at exhibitions both here and in Toronto. Mining classes were attended last winter by nearly 150 students. Weekly lectures held during the winter months have been of interest to the public and met with good support. Niohol Thompson has accepted the presidency of the Chamber for the coming year and Frank Wood- side, for a number of years presi dent, has now taken on secretarial duties in place of H; Browning, who resigned as secretary to accept a position with Lennard, Poisson and Waghorn, Limited. Northern Natives Suffer From Influenza Approximately 10 per cent of the Eskimo population lost their lives iu tho influenza epidemic which swept the MaoKenzie River district last July, according to Arohdeacon W. A. Geddes. Rev. Gibson Married In Prince Rupert Rev. J. B. Gibson, who for several years was rector of Christ Church, Anyox, was, on Thursday of last week, wedded to Miss Alice Frances DuVernet. The wedding was held at the Anglican Cathed ral Prince Rupert. The bride is the daughter of the late Archbishop of Caledonia and the late Mrs. DuVernet. Both bride and groom are very popular in Rupert, and the cathed ral was crowded with well wishers. Rev. Gibson is rector of St. And rews Church, Prince Rupert. ANYOX COMMUNITY LEAGUE Beach Recreation Hall: Pictures: Tuesdays, Thursdays, and Saturdays Mine Recreation Hall: Pictures: Wednesdays and Fridays POOL, BILLIARDS, SMOKES, Etc Help the Organization that Serves You Advertise in the Herald H ere an dTh ere (219) Boys at Red Deer, Alberta, earn, ed Christmas pocket money by trapping. They brought ln nearly 400 weasel skins ln less than a fortnight and also coyotes, rabbit, squirrel and cat skins. Further experiments with superphosphate from the smelter at Trail. B.C., will be conducted in 192!) hy the Alberta Department of Agriculture In conjunction with the Dominion Experimental Farms and C. P. R. experimental farms. An abundant quantity of this fertilizer will be available to meet demands. Upwards of four millions ot dollars will be expended this season to effecting alterations, improvements, and extensions to the Pallls- ter Hotel at Calgary, Alberta, and the Empress Hotel at Viotoria, British Columbia. E. W. Beatty, chairman and president of the Canadian Pacific Railway has just announced. Four additional floors will be added to the former and an entirely new wing will be extended from the latter, bringing these two famous hosteleries even more up to date. A Negro preacher walked Into the office of a Southern newspaper and said: "Misto Edlto', they is forty-three of my congregation which subscribe fo' yo' paper. Do that entitle me to have a chu'eh notice in yo' Salday issue t" "Sit down and write," said the editor. "I thank you." And this is the notice the minister wrote: "Mount Memorial Baptist Church, the Rev. John Walker, pastor. Preaching morning and evening. In the promulgation of the gospel, three books are necessary: Tbe Bible, the hymn, book, and the pocketbook. Come to-morrow and brine all three." Twenty head of holstein cattle from Alberta pure bred herds have nrrlved at Vancouver over Canadian Pacific Railway lines for shipment to Japan. These cattle were collected for a Japanese buyer by deputy minister of agriculture Craig. Quite a few such shipments have passed through this port recently. The purchase of the stock for Japan was made through the Alberta government and the cattle were selected from various herds in the provr ince. Several of the animals or their immediate ancestors have records of 20,000 pounds of milk per year and all of them are from high producing dams. A monster black bear weighing over 400 pounds that stalked upright through the woods seeking what or whom it might devour and which had no forepawe, has just been trapped in New Brunswick, according to Dave Ogilvy, well- known guide and outfitter. The beast used to rifle all the garbage dumps and refuse heaps in the neighbourhood of Plaster Rock, on the line of the C. P. R„ and wm caught by means of a trap hidden under dead leaves and some old paint tins. Examination of the body showed that its forefeet were crippled, either by deformity at birth or by an accident, and that It must have walked about on its hind feet. Only tracks of the rear pawB had been found, and considerable mystery existed as to the maurader. Seymour Traffon and Jock Ogilvy caught the bear, whose skin measured over seven feet V length, SCOTCH LASSIES FIGURE IN FISH WIVES DANCE This will be one of the outstanding features of the first Sea Music Festival held at Vancouver, January 23-26, under the auspices of the Canadian Pacific Railway. Headquarters of the festival will be at the Hotel Vancouver and an unique programme of sea chanties, songs and dances will be given by distinguished singers, fine instrumentalists,and well trained artists, under the musical direction ot Harold Eustace Key. OE 3r=H3E 30 MINING CAMP SUPPLIES A COMPLETE SERVICE Powder, Caps, Fuse, Steel and Tools. Rain test Clothing, Stanfield's Underwear, Hand-made Boots. A full line of Quality Groceries for Mining needs. BRUGGY'S STORE Alice Arm or=iE 3HE All/tA A i»w% The Bonanza Silver Alice Arm camP of b. c. We invite you to investigate the mining shares now being offered in Alice Arm properties and recommend Kitsault-Eagle Silver Mines Ltd. (N.P.L.) British Colonial Securities Ltd. Suite 312, Standard Bank Building, Vancouver Alice Arm Representative: A. McGuire For Results, Advertise in the Herald FRANK D- RICE B. C. Land Surveyor Surveys of Mineral Claims, Subdivisions. Underground Surveys, Etc, Civil Engineer of Registered Professional Engineers ALIOE ARM, B. (J. r- —l Welcome Hotel Alice Arm Comfortable Rooms for Rent Tobicco & Soft Drinki Cigars, Cigarettes MEALS AT ALL HOURS A. BEAUDIN, Proprietor L- ALICE ARM FREIGHTING COMPANY GENERAL CONTRACTORS Pack Trains, Saddle Horses and Heavy Teams No Contract too Large or too Small MILES DONALD Manager r~ THE ALICE ARM MEAT MARKET W. A. WILSON, Proprietor WHOLESALE AND RETAIL Dealers in Fresh, Salt, and Smoked Meats, Fish, Poultry, Butter and Eggs Equipped with Modern Cold Storage Plant Advertising Does Get Results If you wish to dispose of anything, or to broadcast any message to the public, advertise it in the Herald. The paper that is read by everyone in The District ALICE ARM AND ANYOX HERALD. Saturday. February 9 1929 Russo Asiatic Cons. Is The Company Making Offer Toric Mine many shareholders of Toric in Vancouver as "distress terms". "It is understood that a vigorous protest was cabled to London by Mr. Gerhardi and that it brought an unexpectedly favourable reply. "There is now in the mail a draft agreement with Russo Asiatic Consolidated, the agreement to be submitted the board in Vancouver and approved by shareholders. The main terms of this agreement, it is understood, are as follows: "Toric is to create $75,000 of 8 per cent, debentures, repayable March 31, 1931, replacing authorized but unissued debentures. Russo Asiatic is to transmit immediately $50,000 to a Vancouver bank to be handed over for creditors when Toric shareholders approve the agreement and equivalent new debentures are delivered to the bank. Russo Asiatic Consolidated is to send an engineer to examine the property immediately, and if satisfactory, at their expense, will proceed to develop the property with option to October 31, 1930, to purchase the property and plant for $500,000 in shares in a new $3,000,000 shares capital Co. to be formed by Russo Asiatic Consolidated within three months after the option is exercised, and $250,000 cash on completion of purchase and further $250,000 cash one year later. There will be no obligation on Toric to acquire the North Star fraction. The $50,000 advance will not be repayable by Toric if option is exercised and no interest will be charged during the period of the option, in any event. "It is understood that Mr Gerhardi and the local board have signified their willingness to accept the terms outlined. Mr. Gerhardi will receive Toric shares at par in satisfaction to his claim. Since control of Toric Mines Ltd. is in London amongst associates of Mr. Gerhardi, it is beleived that the deal as above outlined will go Continued on opposite column PATENTS To the Man With An Idea A comprehensive, experienced prompt service for the protection and development of your IDEAS—with fully equipped industrial engineering — legal nnd investment departments to did you—monthly patent letter sent free on request ROSS THOMSON, F.C.I.P.S. Registered Attorney Suite 33, 710 Seymour St. Vancouver, B. O. | ANYOX NOTES Rev. Father Allard, who has spent a week here was an outbound passenger on Thursday. R. T. McNaughton, district pass enger agent for C. N. Railways was a visitor to town during the week. E. J. Smith was a passenger to Prince Rupert on Thursday. H. M. Burrett left on Thursday for Prince Rupert. Mrs. Hanson and son Albert left on Thursday for Vancouver where they will reside. J. Barclay was a passenger to, Vancouver on Thursday. Mr. Singleton arrived in town on Thursday from the south. Messrs. Kelly and Turner were arrivals on Thursday. Capt. H. Living arrived on Thursday from the south. n PIONEER HOTEL Alice Arm Comfortable Rooms for Rent By Day, Week or Month at Reasonable Rates N. Sutilovich Prop. 11 Anyox Community League The Council of the League meets on the Second and Fourth Wednesday of each month, in Recreation Hall, at 7.30 p.m. through. "Britannia Mining & Smelting has already made a preliminary examination of the Toric and was prepared to proceed along the lines of its agreement." H. M. SELFE REGISTERED OPTOMETRIST ANYOX Office: Opposite Liquor Store M. M. STEPHENS & Co. Ltd. INSURANCE IN ALL ITS BRANCHES WRITTEN ANYWHERE The oldest Financial Office in Northern B. C. Office: PRINCE RUPERT, B. C. Worthy of your Support THE Anyox Community League Reading Room and Library A wide range of Newspapers, Magazines and Periodicals on , .file. New books regularly received. Join Up! Make the League better through your influence KITSAULT CAFE Alice Arm MEALS SERVED AT ALL HOURS Bread and Pastry Always for Sale Gus Anderson Proprietor Only choice leaves grown at high altitudes go into the blending of Blue Ribbon Tea. That is why its flavour is so uniformly excellent. Insist upon getting it from your grocer—refuse substitutes of inferior quality. ac 31^=lC3C3C=Z2C=DCDBCj-C3C 3F==1C 3D Candies, Magazines, Stationery, ] Proprietary Medicines, Toilet Articles, Etc. [ W. M. CummingS, Agent for all Vancouver Daily Papers Post Office Building, Alice Arm DC 3CDDC DO Advertise in the Herald :^ 'nil STEAMSHIP AND TRAIN SERVICE S. H. Prince Rupert leaves Anyox for Prince Rupert, Vancouver, Victoria, Seattle, und Intermediate Points, each Thursday, at 11.00 p.m. [S. 8. Prince John leaves Prince Rupert, for I North and South Queen Charlotte Islands fortnightly PASSENGER TRAIN SERVICE FROM PRINCE RUPERT Trains leave Prince Rupert each Monday, Wednesday, and Saturday at 11.SO a.m., for Jasper, Edmonton, Winnipeg, direct connections for all points Bast and South. For Atlantic Steamship Sailings or further information, apply to an) Canadian National Agent, or to R. F. McNAUGHTON, District Passenger Agent Prince Rupert, B. C. L- -J MEN'S DEPARTMENT All Sizes ln Mackinaw Coats, $8.25 All Sizes In Mackinaw Shirts, • • • $6.75 to 8.25 AH Sizes and Weights in All Wool Flannel Shirts, 2.25 to 4.50 All Sizes In Light Weight Sweater Coats, 6.00 to 7.75 DRUG DEPARTMENT HAIR BRUSH SPECIAL We have about two dozen high grade hair brushes to clear at half price. This as- , sortment comprises solid ebony backs, hand-drawn bristles, prophylactic and whale-bone. PRICED $1.00 to $3.50 Have you started your diary for 1929? We have a few left priced from 60c. to $1.50 DRY GOODS Our Spring Ginghams and Prints are beginning to arrive, consisting of the latest patterns and designs. Ginghams at 3 yards for $1.00. Beaconsfield Print at 3 yards for $1.00. Fancy Print at 30c. per yard. Hardware Dept. We will have a shipment of Golf Clubs on display February 15th. Brassies, Mid Irons, Driving Irons, Mashies, Mashie Niblics and Putters, Golf Bags and Golf Balls, SHOE DEPARTMENT LADIES' SHOES Patent Leather Shoes are always in good taste for afternoon or street wear, and look very smart. We have oxford ties in several styles trimmed with reptile leather with low or medium heels that should appeal to all ladies who wear footwear of distinction. $4.85 to $7.50 GRANBY STORES
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Herald 1929-02-09
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Page Metadata
Item Metadata
Title | Herald |
Alternate Title | The Alice Arm and Anyox Herald |
Contributor |
E. Moss |
Publisher | Alice Arm : E. Moss |
Date Issued | 1929-02-09 |
Geographic Location |
Alice Arm (B.C.) Alice Arm |
Genre |
Newspapers |
Type |
Text |
FileFormat | application/pdf |
Language | English |
Identifier | Herald_1929_02_09 |
Collection |
BC Historical Newspapers |
Source | Original Format: Royal British Columbia Museum. British Columbia Archives. |
Date Available | 2017-04-27 |
Provider | Vancouver : University of British Columbia Library |
Rights | Images provided for research and reference use only. Permission to publish, copy, or otherwise use these images must be obtained from the Digitization Centre: http://digitize.library.ubc.ca/ |
AIPUUID | ec1922e7-7cbb-4e2b-9546-6cddd6f0f143 |
DOI | 10.14288/1.0353102 |
Latitude | 55.483333 |
Longitude | -129.46667 |
AggregatedSourceRepository | CONTENTdm |
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