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The Hedley Gazette Mar 20, 1913

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 ���������atwntf ���������*&��������� rmuxKittts* (a. a JiC ^51 "irt������i;  AND SIMILKAMEEfimDVERTISER.  Volume IX.  PI  ���������P7������  "' wCii  HEDLEY, B.C., THUESDM������i|[AKCH 20. 1913  Number 11.  Dr. C. A  JACKSON  DENTIST  (18 years practice in Vancouver.]  S. O. Ii. Co.'s Block  PENTICTON,       -       -       B. C"  HEDLEY  MINES ACTIVE  R. W. DEANS  Notary Public   ' Real Estate  Ranches,  Properties,  Mines, Timber,  Water Powers  Upper Trout Creek,  Balcomo P. O. B.C  Mr.  Benin Secures Option on  Toronto and Galena  HEDLEY GOLFERS ORGANIZE  Officers Elected for the Year and Committees Appointed for Specific Duties���������  Prospects for Season Bright  PETE SCOTT IS VENDOR  These are Likely Properties that Lie  Contiguous to the Windfall Group  and Near Kingston Group���������Good  Surface Values  N. TlIO.MI-SO.V 1'IIONK SKV.MOUIt u'll'S  JICH, WKSTKKN CANADA  Cammell Laird & Co. Ltd.  Steel Manufacturers  Sheffield, Eng.  Ofliees and -Warehouse, 8l7-(i3 Jleatty .Street  Vancouver, B. C.  Grand Union  Hotel ______  HEDLEY, B. C.  plrst Class Accommodation.   Bar Stocked with  Best Brands of Liquor and Cigars.  A. WINKLER, Proprietor  Hedley    fliners'    and    nillmen's  Union, No. 161, W. F. of M.  Ltufrulnr meetings of the Hcilloy Local, No.  181 are hold on the first and third Wednesday  in thu month in Fraternity hall and the second  and fourth Wednesday at the X. P. Mine  O. M. STKVKNS T. It. WIM.KV  President Kin-Secretary.  A.  F.  -s-Jii'M.  REGULAR- ujoiichly~ineetUiSS:' cl  Hedley Lodge No. 43, A. F. & A. M.,  are held on the second Friday in  each month in Fraternity hall. Hedley. Visiting  brethren are cordially invited to attend.  S. E. HAT1ILTON,  w. m  H. D. BARNES  Secretary  MODERN WOODMEN  OF AMERICA  Hedley Local Camp meets in  Fraternity Hall the first and  third Thursdays in the month.  li. .1. CORKIGAX  Counsel  H. G. Fkbemax           Clerk.  L. O. L.  KcEcular monthly meetings ot  Hedley Lodge 1711 are held on  the third Monday in every  ymonth in Fraternity Hall. Visiting lii'cthei'ii arc cordially invited to attend.  H..I. JONES, W.M.  G. II. TURXEK. Sect.  At one period in British history  when lustre was being sheet on  Britain's military power anil her arms  were invariably successful abroad,  with news of one victory after another  won doughty skilful foes pouring in,  it was customary for minions of  fashion in London to inquire every  morning for the latest victory for  fear they should miss some. That is  pretty nearly this way it has got to lain Hedley in the matter of activity  in Camp Hedley mining properties.  The latest authentic information to  hand is to the effect that Pete Scott  has bonded the Toronto and (jalena.  and the Bones Fraction to T. Walter  Beam. It has also been stated that  the Rollo is included in the deal, anil  it is not at all improbable, but that  part of it has not yet been verified and  the Gazette does not vouch for the  correctness.  The Toronto and Galena- were properties that were always well thought  of in the camp, for in addition to  their favorable location it wa.s known  that good surface values were obtain  able, and they were held to rank in  .with the Kingston in that respict  Pete Scott was known to he the pun-  cipal owner but several double shuffles  occurred at different:;times aiidR. It.  Hedli-y held' an interest in 'them .it  one time. . ���������   :  It was also rumored that Mr. Beam  had obtained an option on the Copper  Cliff from the Pollock Co. and the  Nick-o-Time Fraction from Fraser  Campbell but this also lacks confirmation.  FRESH TROUT FOR EASTER  New Order in Council Makes Opening of  the Fishing Season Ten Days Earlier  This Year Than Formerly  '������������������������������������"���������asswft  DR. J.  L.  MASTERS  DENTIST  Will be at Home office in Oroville, 1st  to 20th of each month.  Office  on  North   Main   Street.  P. W. GREGORY  CIVIL ENGINEER and HRITISH  COLUMBIA LAND SURVEYOR  Star Building  Princeton  MILLIARD'S  BARBER     SHOP  l-'OH AN EASY SHAVH  HOT & COLD BATHS  Next door north of Grand Union Hotel  W. H. T.  GAHAN  Ilarrister, Solicitor, Etc.  MONEY TO LOAN  PENTICTON,  B. C.  Information of the very utmost importance to anglers is conveyed in the  news given by Game Warden Bryan  Williams this week that the Dominion Government has decided to  open the season for trout fishing this  year on March loth instead of on  March 26th   as previously  announced.  The decision to change the date of  opening the fishing season is due to  the fact that Easter coining so early  this year, there could be no fishing  over the Easter holidays. This was a  great disappointment to the anglers of  the province, to whom Easter had always been regarded as a great chance  to arrange a fishing trip at the opening of the season when the fish are  biting well.  The new order is to be effective in  all waters from the Pacific coast to  the 120th meridian, which passes  through  Ducks, a station a few miles  east of Karnloops.     The season   will  close on Nov. 15th.  The 120th meridian crosses the Similkameen river between here and  Keremeos and the point where it  crosses places Ashnola Creek in the  western zone in which the new ordei  takes effect.  The annual general meeting of the  Hedley Golf Club was held at the Similkameen hotel on Thursday evening  last and although the turnout was  perhaps not as great as thei e has been  on some former occasions, nevertheless the. working element of the organization was well represented and  matters were gone into perhaps more  fully than at any previous annual  meeting.  The following were the officers  elected:  Hon. President, I..L. Men-ill  Hon. Vice-President. L.XV. Shatford,  M. P. P.  President, G. P. Jones.  Vice-President, A. Megraw  Treasurer, II. D. Barnes  Secretary, R. W. James  Executive, committee, M. C. Hill,  B. XV. Knowles, .1. A. Raitor, G. H.  Sproule, M. MacKenzie and the elective officers who aie i-x-officio members.  Grounds committee.!, Messrs. .lames.  Hill and Sproule.  Handicap committee, Messrs. Megraw and James.  The matter of a rigid observance of  the rules especially as regards the  playing iu haz.-irds viis discussed and  to that end the secretary was instruc-  eil to obtain a. supply of the code followed in the Pacific Northwest that  every member may be supplied with a  copy. No changes were made to the  local ground rules adopted two yeais  ago which are consiileied to be as  desirable as any that could be adopted  and have hem found to woik out very  well '  The meinbeibhipf.ii letn.uns as be-  ioie���������annual sub*-' upturn ot $5.00 for  men with a joining t'-e ot $2.00 for all  lesidmg in Hfdlei '^ vithm ten miles,  .ind $2.50 pet annum toi .ill residing  outside that hunt Foi ladies an annual subscription of $1.00 with no  joining fee.  Much interest is taken in the trophy  competition which will mark the season and the handicap committee and  executive will have careful work on  their hands to fully complete arrangements. In all probability the competitions themselves will not be  brought olf before September and the  greater part of the'-summer will be  taken to fully decide the handicaps  which are to be used in them.  FIRST DIVIDEND IN 1913  Hedley  Gold    Mining  Company Declares Usual 5%  WEARING   MILLION   MARK  HON JOHN HAGGART DIES  Veteran Parliamentarian Passes Away at  Age of 77���������Dies in Harness  Amount Disbursed for the Quarter is  $60,000.00���������It is the Quarterly of  3 per cent and 2 per cent Bonus���������Total of $921,000 since 1909  ALLIES' HARD TERMS  Turkey  Forced  to the  Wall Must Give  Both Territory and Indemnity  Belgrade, March 18���������A Government  newspaper publishes the conditions on  which the Balkan Allies are willing to  accept the Powers' mediation. Hostilities are to continue .until the peace  treaty is signed. The basis of the  negotiations will lie the same as laid  before the Ottoman Government at  London, December 3rd.  The frontier lines are to extend from  Midia to Rodosto. The Gallipoli Peninsula is to remain in Turkey's possession, but all territory to the west,  with the exception of Albania, must  be surrendered to the Allies.  Adrianople and Scutari must be  surrendered before the negotiations  begin. The Aegean Islands are to be  ceded to Greece and Turkey must pay  an indemnity, the amount of which  will be determined later.  Turkey must guarantee the full  rights of Balkan subjects residing in  Turkish territory.  The Hedley Gold Mining Company  has opened the dividend campaign, for  1913 auspiciously. The first dividend  of the year has been declared and it  provides for the distiihution of $60,-  000.00, being the regular quarterly 3%  and the additional 2%, bonus on the  issued capital.slock. This brings the  total sum the company has paid in  dividends since, they took over the  property in August 1009 up to $921,-  000 which is getting very close to the  million mark.  Neither is there any evidence that  the surplus of $200,901.34 which was  on hand at the beginning of the year  has been rcduceda single cent but the  great probability that it has been  materially added to as the result of  tin; quarter's operations.  The present year bids fair to be one  of exceptional development and exceptional improvement. Not only  will development in the mine be pushed as rapidly as the available power  will permit, but it is likely to witness  the initiation of a comprehensive  power scheme to develop the necessary power for the most profitable  winning of values from the ever-increasing ore reserves of the mine.  Official announcement is as follows:  ;'.  HkDI.F.V  Gpi.L,j\tlXI\G,C.Q.MPAN.Y.,  42 Broadway  New York, March 12, 1913  A quarterly dividend of three per  cent. (3%) and an additional dividend  of two per cent. (2%) has this day been  declared on the outstanding capital  stock of this company, payable Monday March 31, 1913, to stockholders of  record at3:00 o'clock P.M., Wednesday. March 19, 1913.  Transfer books will be closed on  Wednesday March 19, 1913, at 3:00  o'clock P. M. and re-opened on Thursday, April 10, 1913, at 10:00 A. M.  HEDLEY GOLD MINING   CO.  John D. Clarke,  Secretary  Hon. .John Haggart, representative  for North Lanark, died in Ottawa last  week and his death stopped for a few  hours the unseemly wrangle over the  naval bill. He was indeed one of the  old guard and rendered valuable services to his country as a legislator.  After long service he was rewarded hy  Sir John A. Macdonald with cabinet  rank and showed his fitness as an administrator by being the first minister  of railways to make the Intercolonial  railway pay.  Now that Hon. John Haggart is  gone there are but seven men left who  held cabinet positions under Sir John  A. Macdonald.  Sir Charles Tupper is the only surviving member of the first Macdonald  ministry. Iu it he was first president  of the council, then minister of inland  revenue and finally minister of customs.  The surviving members of the second  ministry are:  Sir Charles Tupper who was first  minister of public works, then minister of finance, and later minister of  railways anil canals.  Hon. .'lames McDonald, who was  minister of justice.  Hon. Geo. E. Foster, who was minister of marine and fisheries and afterwards minister of finance.  Sir Mackenzie Iiowell, who was  minister of customs.  Sir Charles Hibbert Tapper, who  was minister  of marine and   fisheries.  Hon. John Costigan, who was minister of inland revenue.  Hon. Edgar Dewdney, who was  minister of the interior.  ANCIENT CRATER DISCOVERED  Charles Camsell  Discovers One in Similkameen Riding���������Important  Summer's Work.  OIL BURNING ENGINES  Conservation   Commission   Attracted  Possibilities in Reduction of Fire  Losses from New Fuel  by  E. E. Burr  General   Blacksmith  Hedley, B. C.  Horse-shoeing and all  Blacksmith Work  Promptly attended to.  Pipe-ntting"done.  Rem- View Main Factory Building���������Taking Kiln into Building.   Office  and Laboratory, Barn and Stock House in Foreground  Ottawa,   March 13.���������Canadian   railways generally may adopt the system  of using crude oil for the generation of  their locomotive power   in   place   of  coal.    Clyde  Levitt,  chief fire inspector  for  the  railway commission  and  forester for the commission of conservation,   is now preparing a statement  showing   how the  installation   of this  system may prove more advantageous  to  railways from a financial  point of  view.     The  Canadian Pacific railway-  is now using oil burning engines on its  main    line   between    Karnloops   and  Field, B. C.    The Grand Trunk Pacific  and some of the  Pacific Coast Steamship companies  also  burn  oil,   while  the new system is now in use on many  of the  railroads in  the United States.  The  economy   particularly   in   intermittent service, and the fact that three  boilers  heated  by  oil   will   give  the  same amount of steam   as the same  number heated   by coal,  all  tend  to  make this  new system  popular.    The  oil  is  obtained from  the oil fields of  California,  and if further discoveries  in Alberta and British Columbia make  this oil more  plentiful   its use will be  largely extended on the railways. The  use  of  this  new  fuel   would greatly  lessen the  necessity for forest protection from flying sparks and cinders; it  would also greatly decrease the loss  experienced annually by  the country  from this cause.  Opposition to the C. N. R. False  Creek by-laws in Vancouver was beaten four to one.  . In a resume of the work done by  the staff of the Canadian Geological  Survey in the season of 1912 as issued  by the director of the Survey, R." W.  Brock, reference is made to the work  done by Mr. Camsell. While much of  Mr. CainseU's work was in connection  with the visit to be made this summer  by visiting geologists in preparing  routes for excursions to show to these  distinguished visitors the resources of  the country and collect data concerning the same for their information,  Mr. Camsell also did other important  work which is thus briefly outlined in  the memorandum of the director and  the people in this riding will await  with interest Mr. CainseU's full report  on it. The memorandum reads as  follows:  Mr.Charles Camsell carried out the  following work during the ���������summer:���������  (1) Examination of gold-copper deposits of Kruger Mountain at the  southern end of Okanagan valley.  (2) A brief study of the copper deposits at Copper Mountain, Similkameen district, where the British Columbia Copper Company has been for  the last year carrying out some important development work with a large  staff of men. The result of this work  has been to prove the existence of  large deposits of low grade copper 01 e,  which, if they can be successfully  treated, will mean that a new and important copper producing field will be  opened up.  (3) An examination of gold-copper  deposits on Independence mountain in  the range between Keremeos and  Twenty mile creeks, Similkameen district.  (4) A brief study of the Oligocene  coal-bearing rocks of White Lake in  Okanagan valley. In the course of  this work an interesting discovery  was made of an extinct Tertiary volcano, the outlines of whose crater can  still be clearly defined in spite of the  injuries it has suffered through the  ravages of time. This extinct volcano  is situated directly west of Okanagan  Falls.  Stormy scenes in the House of Commons at Ottawa should show electors  in sundry constituencies that there are  men there that should be left at home.. pagi- 2  THE HEDLEY GAZETTE JIAR 20. 1913.  m'LKIMEEN BECOMES  GREAT INDUSTRIAL CENTE  British Columbia Portland Cement Company's Annual  Report and Financial Statement -��������� Interesting  Data Regarding the Enterprise���������Some Comparisons in Cost of Installation and Production.  TREASURER'S   REPORT  V*  PI  *0 DCEEDINGS  Proceeding's of tlie Third General Meeting of -the Shareholders of the -British Columbia Portland Cement Co.  Limited. ���������  The Third Annual General  meeting of the Shareholders of  the British Columbia Portland  Cement Co. Limited, was held  at the Head Office of the Company, 615 Hastings Street  West,' Vancouver, B. C. Thursday-'the 6th. day of February  ���������19.13, at Pour O'clock P.M.  It was noted that the following shareholders were present:  ,1. K. -Harvey, K. C.  L.-W. Shatford, M. P. P.  "W. A. Rutherford,  B. C. Alexander,  L. W. Stone,  C. R. Briggs,  P. B. Stacey,  J. J. E. McCague,  John Orr,  .���������Ward.M..Wliite,  A. E. Underwood,  -S. S.Knill,  H. C. Hurry, '   -������������������-...  R. I. Verral.  The Proceedings were opened with Mr. J. A. Harvey, K.  C. the President; in the chair,  and Mr. C. R. Briggs, the Sec  retary and Treasurer acting as  Secretary of the Meeting.  ���������'���������'Upon   the   request   of  Chairman, the Secretary  the  read  the notice of calling the meeting and proof of mailing same  to all shareholders of record.  After noting-that a quorum  was present, business was proceeded with. The Minutes of  tlie last annual meeting of the  Shareholders, held on the First  day of February 1912, were  read and upon motion were approved. Minutes of the various Director's and Executive  Committee Meetings held during the year were likewise read  and approved.  The Chairman then called  for the reading of the Report  of the Auditor, Alfred Shaw,  showing the condition of the  Company's affairs as at the  close of business on the 31st of  December 1912. Explanation  of various items being made  by Mr. C. R. Briggs, the Treasurer, the report was ordered  tiled.  The Treasurer's report, including the financial statement  of the Companv, as at December 31st, 1912, was then read  by the Treasurer.  ancouver, B. C. Dec. 31, 1912  To the Directors and Shareholders of the British. Co:  lumbia Portland Cement Co.  Limited:  The Financial condition of  the Company has shown steady  progress during the entire  year.'.'������������������ Bond and Stock subscriptions have been increased  from $255,000.00 to a total of  $338,800.00. We now have  about. 275 Shareholders, a  large majority of whom are  residents of British Columbia.  Our receipts from Subscribers  during the year have amounted  to $130,484, and from other  sources, chiefly  Bank advanc  es,  2,466.51.    The  total   re-  from  view,  FINANCIAL  STATEMENT   DECEMBER   31,   1912.  RECEIPTS  Cash on Hand and in Bank, January 1st, 1912 ....  Subscribers to Bonds and Stock   Bills Payable, Bank advances , ���������   Received for Rebates, Int. Sales of Mdse., Rentals,  .,   DISBURSEMENTS,.  etc.  $    1,429.12  130,484.00  30,000.00  2,466.51  .?  262.50  14,172.64  5,000.00  Organization    ������������������'���������������������������. ���������   Spur and Bridge, B. C. Portland Cement Co   Spur and Bridge. Great Northern Railway Co   Spur and Bridge, United Empire Co        20,698.84  Buildings        !���������'���������H2  Plant and Machinery        59.00b.91  Quarry Development   Debenture  Interest      Salaries   Tools and Implements  ���������  Office and Mess House Furniture   Office Furniture and Fixtures     Travelling Expenses   Insurance         General   Expense      Interest and Discount   Commissions   Jas. McDonald   Cash  on  hand $   447.57  Royal" Bank of Canada, Princeton      108.87  Royal Bank of Canada, Vacnouver,  1,619.34  2,718.30  5,412.32  7,795.00  187.20  88;70  21.35  232.45  805.25  2,364.30  2,888.94  5 465.69  53.30  2.175.7S  $164,379.63    $164,379.63  CONDENSED STATEMENT OF LIABILITIES AND ASSETS DEC. 31, 1912.  LIABILITIES  Capital    : $ 317,900.00  Installments paid on shares forfeited  50.00  Debenture Bonds  297,300.00  Sundry Creditors         71,782.62  Liability on Contracts for plant and machinery on order       28,842.80  Debenture Interest accrued         8,449.88  $725,325.30  ASSETS  Property and Equipment   $ 422,808.87  Plant and Machinery on order        29.842.S0  Sundry Debtors       52,214.14  Cash            2,175.78  Expenses paid in advance  352.26  Bond Discount and Commission      198,790.00  Debenture Interest        14,402.65  Organization Expenses            4,738.80  $725,325.30  The above condensed statement of Liabilities and Assets as at December  31,1912, is certified as part of my report of even date.  ALFRED SHAW, Auditor.  ceipts to dale from the sale of  our securiiies amounts to  $231,576.00.  Considering the tightness of  the money market during 1912.  the investment point of  1 think the company has  been quite fortunate iu being-  able, to finance itself so successfully, for it must be remembered that there are no  large individual Shareholders  on our list. This makes our  Company almost entirely a  British Columbia concern, and  as such, one that should have  the hearty support of all loyal  British Columbians, who believe in encouraging and fostering a home industry.  Hereto attached is a detailed statement of the Receipts and Disbursements, and  a condensed statement of the  Assets and Liabilities. The  books of the Company have  been carefully audited, a balance Sheet prepared, all official documents examined and a  detailed report prepared by  your Auditor,'; Alfred Shaw,  who has .certified that everything is as stated and in good  order. A^oppy of his report is  on file in4 my Office.  I wilh'call your attention to  only a few, of the items included in the -yarious statements,  as I believe the remainder are  self explanatory.  ���������; DISBURSEMENTS  ���������Please n5te that the largest  part of thehnoney spent under  this head has been charged to  Buildings, Plant" and Machinery, Spur and Bridge accounts.  We are to be reimbursed by  the United- Empire Co. Limited, and the Great Northern  Railway Company for the  amount of tlie items charged to  them, as this is part of the cost  of the Spur track built to our  works and .'to the Coal mine.  Such items as Salaries, General Expense, Traveling expense, Interest and Discount,  will, finally be distributed and  charged to cost of Plant and  ASSETS  Under this General hea.d, the  'item, "Property and Equipment" includes Land, Buildings, Plant and Machinery,  Spur and Bridge, Brick Machinery, Quarry development,,  and Suspense account. The  item "Sundry Debtors" includes: amounts' due from the  Great Northern' Railway Company and tlie United Empire  Co. Limited on account of  Railway Spur, and notes given  us by Subscri bers as partial  payment on Bonds and Stock.  The item "Debenture, Interest" includes interest previously paid .out on Bonds'is-'  sued and accrued interest  which becomes due January  1st, 1913. The Item "Organization Expense" represents  actual expenses incurred in  connection with the Organization of the Company. In the  Statement of 1911 this item included Salaries, Debenture Interest, Interest, and Discount,  and some General Expenses  now transferred to Suspense  account.  Respectfully Submitted,  Clakence R. Bkiggs,  Treasurer.  have a line of credit amounting  to   practically  $50,000.00.  We   have   also   increased   the-  amount of subscriptions to our'  Bonds and  Stock from $255,-  000.00   tor  $338,800.00.    This-  was; made necessary from the-  fact  that  the  adjoining  Coal  Company,has not been in a position to meet their proportion  of   the, cost' of   the   Railway  Spur amounting to more than  $30,000.00, and also to the fact'  that it has been impossible to-  make   certain  collections,   owing to the faiiuein business of  some of our subscribers.    As  soon  as the money from the-  ���������Goal Company  is* paid in,  it  can be used as working capital  or it can be used towards the-  cost of securing additional machinery, to increase the capacity of our plant.    1 need not  elaborate on the disbursements  made during the year as they  are set forth in detail in the-  Treasurer's report.  The completion of our plant  the past year has not  been accomplished for several  reasons; "First," We were  not able to secure a satisfactory agreement with the Great  Northern'  Railway   Company,,  during  View of Buildig-- Taken From Limestone Quarry 600 feet Above Plant  Following   the   Treasurer's  covering  the   operation   and  report Mr. J. A. Harvey, K. C. j maintenance  of  the  Spur  re-,  Machinery,  Buildings  etc., up-  presented the President's and  Director's.Report.  _. ,  DIRECTORS REPORT  Vancouver, B. C. Dec. 31,-1912  To : the   Shareholders   of   the  British   Columbia   Portland  Cement Co. Limited,  I herewith take pleasure in  presenting to you the Third  Annual Report of this Company and the Financial Statement as transmitted by. the  Treasurer.     * ���������  At the First meeting of the  Directors held after the Annual Shareholders meeting in  February, the following Officers : were re-elected, J. A.  Harvey, K. C. President; L.  W. Shatford, M. P. P. Vice  President, C. R. Briggs, Secretary and Treasurer. At the  same meeting an Executive  Committee was appointed by  the Directors, composed of the  following. L. W. Shatford,  Chairman; Mr. J. A. Harvey,  Mr. R, P. McLennan, Mr. B. C.  Alexander,    and   Mr.    C.    R.  Briggs.  During the year the  on completion of the works.  Debenture Interest and Commission will have to be  charged against Profit and  Loss account after Plant is in  operation and written off during a period of years.  "liabilities  The item. "Capital" consists  of shares allotted for Land,  as well as shares allotted with I finances, as practically all ar-  Directors held Five meetings  and the Executive Committee  Five Meetings.  The Principal business coming before the Executive Officers for their action during the  year has been largely that of  View of Railway Bridge Across the Similkameen River Built by the Company  at a Cost of Nearly $30,000 also the Completed Spur Crossing  East Princeton Townsite  Bonds. "Sundry Creditors"  includes Bank Advances, notes  given in payment of Machinery, balance due on current accounts, and accrued Wages and  Salaries. The item "Debenture  Interest Accrued'' includes Interest accrued on partial payments made by Shareholders  on Bonds-not issued as well as  Interest accrued on Bonds issued before January 1st, 1913.  Interest on partial payments  is not credited until Bonds and  Stock are fully paid for and  issued to Subscribers and it is  then shown as added to the Interest coupons attached to the  Bonds which are payable January first and July first of  each year.  rangements  had  been completed concerning" the construction of our works and ordering of necessary machinery. Notwithstanding the  tightness of the money market,  during the past, year, the  Treasurer's report shows that  $130,484.00, was collected from  Subscriptions to Bonds and  Stock, making a total collected  since our organization of  $231,576.00. In addition to  money paid in by Subscribers,  we have secured from bank advances an additional $30,000.  The bank has been secured by  the personal guarantee of the  Directors. Through    new  banking    arrangements    completed during the year, we now  cently completed to our works-  until we. had ma,de an appeal  to the Board of Railway Commissioners ��������� '' Second, "the unusual tightness of the money  market has made it exceedingly difficult for many of our subscribers   to   meet   their   payments promptly as agreed upon.   It was not until the middle  of   June   that   a. satisfactory  agreement    with    the    Great  Northern   Railway   Company  was signed up and the laying  of   the   track   to   our   works  was not complied with by the  Railway   Company,   until   the  middle of August.   With these  handicaps in 'view, the Directors decided to proceed with  the completion of the buildings  and the installment of the machinery only as fast as the necessary funds could be obtained.  We have proceeded with  the  utmost caution, keeping the expenses   down  to   a  minimum,  paying   for   all   materials   as  purchased   and   fulfilling   our  contract   obligations   for   machinery as we had agreed upon.  I wish to call your special attention   to   the  fact  that  the  Company has  no  other revenue   than   payments   received  from the sale of our Securities,  consequently   delinquent   subscribers have been repeatedly  urged to pay up as fast as possible  in  order  that the  final  completion of our works might  not     be     unnecessarily     delayed.     The    work    in    connection    with    the    collection  of  funds  has   been  no   small  matter, when it is considered  that we now have about 275  shareholders in the Company.  When unpaid balances on subscriptions  are  fully met,  we  should  have   ample funds  to  fully equip our plant and furnish sufficient working capital.  It is gratifying to know that  the Railway Spur is completed  and in operation, that all buildings are now finished, the foundations for machinery laid and  nearly four-fifths  of the machinery installed.    It is fully  1 THE HEDLEY GAZETTE, MARCH 20," 1913  p geJ-J  expected by the First of April  that the balance of the machinery Avill all be in position and  the plant Avill be in Pull operation not later than May first.  This will give us a splendid  chance to get our share of the  Spring trade, and from present prospects we should be able  to sell every barrel of Cement  that can be turned out by the  plant. Tlie Customs report  for 1912 shows that. British Columbia imported about 400,000  barrels of Cement during  June, July, August, September  and October. The demand for  Cement will be much larger  during 1913, than it was during 1912, and as the initial out  put, of our plant will be considerably less than 200,000 barrels  we should have no trouble in  placing the entire output in  this Province. I am sure that  with the hearty co-operation  and support of our numerous  Shareholders, we should have  an unlimited field for the sale  of our product, aud at remunerative prices.  .During the past year the  Secretary and Treasurer Mr.  C. R. Briggs, has again had entire charge of the Office and  general affairs of the Company, under the direction and  approval of tlie Executive Officers. Mr. W. J. Budd has  had charge of the construction  work at the plant, according to  previous contract. The Directors of the Company have given considerable of their valuable lime to the affairs of the  Company and that without remuneration. I would- strongly  advise as far as possible that  all Shareholders visit our  works and see for themselves  what has been accomplished.  I would further point out to  you that a careful study of the  Treasurer's report wiil show,  1-   think,    conservative     and  steady   growth,   of   the -Company 's .affairs over last year's  ' statement.   I am confident .that  at the close of this coming A*ear  thai a A'ery successful business  Avill be shown by the Company.  ,'���������      Respectfully submitted,'  j. J. A. Haiwey,  i President  Clarence R. Bjriggs,  ;i Secretary.  It Avas then moAredby Mr. W.  W. White, and seconded bv  Mr. R. I. Verral, "That the  Secretary on behalf of the  Shareholders, cast a ballot in  favor of the nine nominees for  Directors." Carried unanimously.  The Secretary accordingly  prepared' the ballot and cast  the same as instructed, thereupon the Chairman declared  the said Gentlemen elected Directors for the ensuing year.  On behalf of the Shareholders if Avas moA'ed by Rev P. B.  Stacev, and seconded bv Mr. J.  J. E.'McCague, "That a vote  of thanks be tendered the President, Vice President, Secretary and Treasurer, 'and the  Directors, for their attention  to tlie interests of the; Company and the efficient performance- of their respective duties  during the past year." Carried.  The President on behalf of  the Officers' and Directors,  thanked the Shareholders for  their kind resolution and stated that he. hoped by the end of  another year that the Shareholders^ Avould receive something more substantial than a  mere report of the Company's  affairs.  ill Avas then moA-ed by Mr.  W. A. Rutherford, and seconded bv Mr. W. W. White and resolved, "That Alfred Shaw, of  ed of solid masonry Avails and  trussed-roofs coA^ered Avith galvanized iron.    The Office and  Laboratory building, Avhich is  partly frame, is also finished  and is uoav occupied..   In addition to the aboAre there are a i  number   of   frame   buildings,'  consisting of a frame dwelling,  a  Cook   llouse,   Bunk  House,  and a large barn, Avhich can be  used as a Garage. It is planned j  to build a separate, Blacksmith \  and Machine shop,'-; as soon as I  the capacity of the plant is en-j  larged, but for the present the;  unoccupied space in the Boiler [  House aviII be used for this pur- \  pose.    There is now installed  in the Boiler House, four, 150  H. P. Boilers and there is additional space for three more of  like capacity. l There is noAAr installed in the Engine House a  650   H.   P.   Cross-.' Compound  Condensing,    Corliss   Engine.  There is also space'.for another  Engine of like capacity, or a  Steam   Turbine   having   1,000  H. P. capacity.   Some Three or  View Showing Spur ('rn-*'-mg East Princeton TnwiiMle.  Piled in Kniegroiinil Ready for the Rails  Ti-  A re  tor should arm-e any day. The class rock before the quarry  balance of the Machinery con- will be sufficiently opened up  sisting of the Motors, the Rock to furnish us the necessary  Puh'erizer, Clay disintegrator daily quantity of rock for our  all kiln and also to make it safe  The Shale and  can   be   worked  aud gyratory Crusher  are  ready to ship from the Factory. It will take about four  car loads of Kiln Blocks to  line the Rotary Kiln, and these  are  now  being  shipped  from  for workmen.  Clay   deposit  with   much   less   expense   and  trouble as the claA~ can be taken  Four miles north of our Plant; the factory at Clayburn, B. C. from the surface of the deposit  tneoi#dei"! as well as from the tunnel. The  are iioav pi  acmg  We __      for electric supplies and belt-! ri^u^ri *tf-Z^~~ rJ���������I������,      i~   "  i   , ,-, 1 L ,     c        United Empire Company haA-e  mg, but as these can be fur- J .   t.      -        l  nished locally it will not be nee- lnow cari"ied on development m  j. Upon motion the- various re  ports of the'Auditor, Treasur  er and the President and Directors Avas adopted and approved.  :.' The Chairman then called  for the election of Directors  for the ensuing year....    :.  It Avas moved "by Mr. J. J. E.  McCague, and seconded by  Rev. F. B.,Stacey, "That the  names of the present Directors, R. P. McLennan, L. W.  Shatford, M. P. P., J. A. Harvey, K. C, W. A. Rutherford,  B. C. Alexander, L. W. Stone,  W. J. Budd, R. Cross, and C.  R. Briggs, be put in nomination for Directors for the ensuing year." No other names  being proposed the notion carried unanimously. The above  names being the required number to be elected, it Avas moved  by Mr. J. J. E. McCague, seconded by Mr. H. C. Hurry,  "That the nomination,for Directors be closed." Carried  unanimously.  Vancoiwer, B. C.,* the Present  Auditor, be re-appointed for  the ensuing year."   Carried.  Under the head of New business Mr. C. R. Briggs the Secretary and Treasurer gave an  address pertinent to the general condition of the Company's  affairs and pointed out the future prospects for the Cement  Industry in British Columbia.  Part of his remarks were as  follows.  "All the building's are uoav  completed, Avhich are necessary  to operate the plant. This includes the Main Factory building 60x434 feet, the Engine and  Boiler House 60xllS, the Coal  Drying house 35x65, and the  Stock House 60x200. All the  above buildings are construct-  some VancouA'er Parties haA*e  taken water rights on FiA-e  Mile Creek and they claim they  will be able to de\relop some-,  thing like 2,500 H. P., and will jessary to ship these materials I111*3-1' Coal Tunnel sufficiently  be willing to sell, us Electric until the plant is ready to op-:to furnish us with all the coal  PoAver at a very reasonable fig-j era te. During the past sum-! that Ave Avill demand for our  lire as soon as they develop the . mer, we burnt in our own kilns; use. It will take from 60 to 75  same. In the main factory j 250,000 common brick of good tons of coal per dav to'fire the  building   there   is   room   for,quality from the clay on our Steam Boilers and"the Rotary  Kiln.  The Spur and Bridge Avhich  connects   our   plant   and   the  Coal mine of the United Empire Co. Avith the Great North-.  ern Railway is uoav. completed  and all our machinery and supplies are being brought-to the  doors of our buildings.    Since  the completion of the"spur; the  Coal mine is iioav being operated and a good grade of domestic coal is being shipped to Spokane and other points on the  Great Northern Railway.   Tavo  additional sidings, one to the  Stock  house,  and  one  to  the  Boile'r- and,coal drying house  has.also. been built. The Kettle  Valley Railway surA-ey crosses  our  spur  in   two   places  and  Avhen this road is built, during  the   coming   summer,   we  can  connect directly with this line  as well.    Contracts haA'e been  let by both the Great Northern  and the Kettle Valley Raihvay,  which will give us direct connection, by way.of Merrit with  Vancouver and .with the Upper  Fraser and Okanogan Valleys  late this coming summer.   The  Great   Northern   'Raihvay   is  now laying steel oh the Oro-  ville-Wenatchee   Branch,   line.  This line is to be completed by  December 31st, 1913.    Tariffs  covering the rates to all points  along the  Great Northern in  Southern B. C. and Northern  Washington and also to Vancouver are being prepared. We  should be in good position to  supply the trade Avith our product this Spring and Summer.  We haA'e had a large number  IS'ewView.���������Shows. Big.Rotary Kiln Ready to Unload, 125 feet long".     Three Cars.to Haul it-  View to Entrance of Coal Tunnel of United Empire Company  three, 8x125 foot Rotary Kilins,  for-the present AATe are installing only one. with the. first  kiln-ins tailed there will be sufficient Dlying, Grinding and  Conveying machinery to operate two kilns. When all three  Rotary kilns are finally installed, we will haA'-e a maximum daily capacity of about  2,100 barrels of cement. At an  additional cost of about $40,-  000.00 Ave will be able to double  the Capacity of our plant and  this will require the addition of  one Rotary Kiln,and possibly  one or two Grinding machines.  The Coal Drying and Grinding  house is now finished and  equipped with sufficient machinery to supply pulverized  coal for three Rotary Kilns.  The Stock House is diAdded into eleA'-en compartments having a capacity of 5,000 barrels  each. There is sufficient Ara-  cant ground adjoining the  stock house so that this building can be easily extended to  give us a total storage capacity of 100,000 barrels. We also  have ample vacant ground to  store large quantities of Cement Clinker, so that the plant  need never be shut doAvn for  lack of storage capactiy.  About Four-fifths of the machinery is now at the plant and  is nearly all in place and ready  to begin operation. The Rotary Kiln and Electric Genera-  property.   This brick has been  used for   Boiler and   Drying  machinery settings.   Including  the cost of the Brick Machine,  Ave will be able to saA-e about  $10.00   per   Thousand   on  the  cost   of   these  brick,   as they  Avould have  to be  shipped in  from outside points.   It is also  interesting   to   note   that   we  burnt   an   excellent   grade   of  lime from the Limestone Avhich  Ave are using in the manufacture of our cement.   The lime  was used for the foundations  and walls of all the buildings.  The concrete piers and foundations for tlie machinery are all  laid.   We Avere obliged to ship  in cement at a cost of about  $5.50 per barrel to make our  concrete.   We haA-e used more  than Five Cars of Cement.  The Limestone quarry is  iioav being rapidly opened up  and will soon be in shape to  supply us Avith sufficient rock  to meet the needs of the first  kiln, which wilt amount to four  hundred cubic yards per day.  After stripping the Six Hundred foot face of our Lime deposit of all trees, dirt and loose  rock, we made use of a large  part of the Lime rock in erect-  of inquiries  and as soon  lions begin Ave  for  our  product  as active opera-  shall have no  Selling our entire  trouble in  output."  FolloAving the address of the  Secretary and Treasurer a  general discussion followed  and on motion the proceedings  terminated.  Clarence R. Briggs,  Secretary.  At a meeting of the neAvly  elected Board of Directors held  subsequently, J. A. Harvey K.  C, L. W. Shatford M. P. P.,  and C. R. Briggs Esq., Avere  elected President, Vice President and Secretary and Treasurer respectfully. An Execute Committee Avas also elected at the same meeting as follows:   L. W. Shatford, M. P.  ing the walls of our buildings, P   chairman> E. p. MeLennan,  which was taken from the new j. A. Harvev, K. C, B. C. Al-  quarry.   It will be necessary to exander, and C. R. Briggs.  waste a large amount of first,. continued on i*affC six |>a������e 1  THE HEDLEY GAZETTE, MAR 20. 1913.  M  and  Similkameen Advertiser.  Issued on Thursdays, by-the Hkdi.ev Ga'/.kttk  ���������Plll.NTI.N'l* AM> 1'UHI.ISIIING COMIMXV,  la.MiTKD.  at, Hedlev. B. C.  Subscriptions in Advance  Per Your..'/. '....: ��������� -$2M  "   (United Sinles).....'...:....:.... *-'.5(l  Advertising Rates  Measurement, V- lines to the ineli.  Land Notices������ Certideates ofimprovoiiiout. etc.  87.0(1 for W-dny notices, and $.i.OO for'10-day  notices. ���������      ��������� .  Trunslent Advertisements���������not. exceeding one  inch, SI.00 for one insertion, St cents for  each snbseniicnt insertion. Over ono inch,  10 cents per line for llrst insertion inula  cents per line for each subsequent, insertion.  Transients payable in advance.  Changes for contract advertisements should  be in the ollloo by nooii on Tuesday to secure  attention for that week's issue  Advertisements will lie changed once every  month if advertiser desires, without any extra,  charge. For changes of toner than once a month  the price of composition will he charged at  regular rates.  Contract Advertisements���������One inch per month  S1.2.-V, over 1 ineh and up to I inehes, ������1.00  per inch periuonth. To constant, advertisers  taking larger space than four inches, on  application', rates will bo {riven of reduced  charges, based on sir.c of space and length  of time.  A. MEORAW. Manajfinu Kdltor.  Full Moon  ii  Last, fi uar.  iii)  J  New Moon  7  First tiuar.  lj.  1918  MAR  1913  Sun.  Mon.  Tues  . Wed. Thu. Fri  Sat.  1  .)  3  -i  5       (i  ���������l  ��������� S .  o  10  ii  VI      18  14  15  10  17  is  19 <   2(1  . 21  22  2:-!  21  2.r>  20     27  2S  EDITORIAL COMMENTS  When anybody in the Canadian  House ot Commons calls out "Slippery  Bill" the Hon. William Eugsley, ex-  minister of Public Works at once con-  eludes it must mean him. Would he  be equally as touchy if the epithet  were varied to "Sawdust'William ?"  The Nelson Boatd of Trade appear  to he making a grave mistake in projecting themselves into the platinum  war hetween the Provincial Mineralogist and one A. Gordon French who  claimed the existence of platinum iu  commercial quantities in certain igneous dikes in the Nelson district, and  also to have discovered a new metal of  the platinum group which he designated Qanadium. The Gazette is mere-  ly"ari interested disinterested onlooker  and no partisan on either side. We  can quite understand a little of the irritation which exists in Nelson over ill-  treatment they believe they have received from a certain source, for Hedley had a. little taste of it themselves  not very many years ago from the  same source; and in fact the full  measure of redress has not yet been  forthcoming. But we have reached a  stage now when we can he independent of them and don't need even the  bending of their stubborn necks to  grant the slight boon which we were  asking at the time and have not yet  received although it was only our just  due. Neither do we admire the bludgeon-like manner in which the Pro v.  Min.   went   at   his   opponent   in   the  /,  Mines report for 1911 nor tlie hobnailed hoot  treatment  he meted  out// If  /���������'  this   man   French,   the   erring/ one,  should be the scientific charlatan  which apparently he has been or is  about to be proven, then why not  carve him up like Caesar a dish mete  for the gods instead of battering him  out of recognition with a. chunk of  lock elm or hickory extracted from a  rail fence. But science is science and  evidence is evidence and the Board of  Trade should not try to disregard  either.    To do so is unwise.  extent. The financial statement duly  audited which was presented to the  meeting deals with the. finances of the  company only up. to the end of the  year, but in the resume of the enterprise and its a flairs, which we have  given in this number of the Gazette,  the '-finances of the company ' ni e  brought practically down tod-ite. and  they make a very siitisl'ni'toiy showing.  It is true, then.- have been delays and  the date when the finished prod net is  to be put on the market has heen extended lu-yond the time expected by  anybody; connected with it, but these  things cannot always be helped,"anil  in the, reports found elsewhere the  reasons are pretty fully given and  should be satisfactory to the must  exacting investor who limy have felt,  some impatience.  One of the most assuring features is  lo be had in a visit to the industry itself, to see the 'massive permanent  character of the buildings put up to  house the plant and carry on the  manufacture, anil to see also the  methodical business-like way in which  the work of construction has been  handled,..thereby saving thousands of  dollars and cutting down the fixed  charges which must for all time to  come figiiie in tlie problem of cost  production of the iiiaiiufactiireiLai tide and decide the percentage of pro .ft.  it is to yield the producers. But the.  main thing that will strike the visitor  is what Nature has done to give, this  concent a tremendous advantage over  all competitors in the low cost of production, fur here are assembled all the  raw materials, the limestone being  only 000 feet from the rock breakers'  in the factory and when loaded on the  tram car will inn then; itself on an  easy down grade without an ounce of  power necessary to convey it there;  the shale only 900 feet and the coal  1500 feet distant. Other concerns-  reckon their distances in miles not  feet, and must tell of the freight  charges to be paid to milways, or  steamboat companies for delivery.  When we are told that the live .cars  of cement which had to be imported  to instal the plant, cost $5.50 per bbl.  laid down, while the wholesale price  in Vancouver is $2.25 the importance  of the inteiior market will force itself  upon one, and the early completion of  the V.V. <fc E. and Kettle Valley lines  to the coast will enable them to get  and hold their share of the coast trade  against all-comers as soon as they can  spare enough of their output over  what will he requited for the interior  market. That something extra in the  quality of the output may be. expected  is vouched for by the best chemists  who have made analyses of the local  material to he used in the manufacture.  But perhaps  more gratifying than  all is the fact that it is a home concet^-?  and a concern,that can never hejinani-  pulated  Synopsis of Coal Mining Reflations  /"10AL mining rights of; the Dominion, in  ^-J Manitoba, .Saskatchewan mill Alberta,  the Yukon Territory, tho North-west, Territories and iu a portion of the Province of Hritish .Columbia, nmy.be leased for a term of  twenty-one years nt an annual rental of ������1 an  acre. Not more than i,5IV) acres will be leased  to one applicant. ,  Application for a lease must be made hy the  applicant, in person to the Agent or Sub-Agent  of the district in which the rights applied for  are situated.  In surveyed territory the land must be described by sections, or legal sub-divisions of  sections, and in iinsiirvoyed territory tho tract-  applied for shall be .staked out by the applicant  himself.  Each application must be accompanied by a  fee of ������5 which will-be refunded if the rights  applied for arc not available, but not otherwise. A royalty shall be paid on the merchantable output of the mine nt, the rate of live cents  per ton ���������  The pel-son operating the mine shall furnish  the Agent with sworn returns accounting for  tlie full quantity of merchantable coal mined  and nay the royalty thereon. If tho coal mining rights are not. being operated, such returns  should be furnished at least once a year.  The lease will include the coal mining rights  only, but the lessee maybe permitted to purchase -whatever available surface rights may  be considered necessary for the working of the  mine at the rate of S1U.00 an acre.  For full information application should bo  made to the Secretary of the Department, of  the Interior. Ottawa, or to any Agent or Sub-  Agent of Dominion bands.  ;      XV. XV. CORY,  Deputy Minister of the Interior.  XML-Unauthorized publication of this advertisement will not be paid for. 'Mini  THE BANK OF  77 Years in Business.   Capital and Surplus Over 87,600,000.  31 Years Older Than The Dominion of Canada-  As   tho   name   implies,  the   Bank   of  British North  Airici-icu was established lon*^ before the Provinces united   and became  the Dominion   of  Canada.    The sound,  progressive  management which has made it a power in  .Canadian finance makes it tit is bank for your account.  Hedley  Branch,  H. H. Hobbs, Manager  COUNTY COURT, YALE  PROVINCIAL  ELECTIONS   ACT  NOTICE is hereby given that the list of Voters for the Similkameen Electoral District, has been cancelled atid that ap-  plicatioiis to be placed on the Voter's List Avill be received at my  office*nt Fairview where printed forms of affidtivit to be used in  support of an application to vote Avill be supplied.  The list of persons claiming to vote will be suspended from  and after the 7th day of April, 1913, and a Court of lieAasion will  be hold on the 19th day of May, 1913, and notice of objections to  tho insertion of any name on tlie Register of Voters must be  giA*en to me 30 clear days before the holding of the Court of  Ke vision.  Dated this 3rd day of March, 1913, at Fairview, B.C.  Signed  JAS. R. BROWN,  10-3 Registrar of Voters, Similkameen Electoral District  A sitting of the Go'unty Court of Yale will be  held at the Court-House, Princeton, Wednesday  ���������>:ird day of April, 1013, at the hour of i o'clock  in the afternoon.   ������������������ '  'HUGH IIUNTKK.  10-b' -'- Registrar County Court. I  SUBSCRIBE FOR THE GAZETTE  lillpDpfnll^  .���������ni:  Better than Ringing  toor-bells  A NOTED INDUSTRY  It is with special pleasure we present  this week a full report of the annual  meeting'of the British Columbia Portland Cement Company, which is a Similkameen industry that has a particularly bright future and is a credit to  the valley as well as to the company  which has designed and carried to  completion an undertaking of so vast | SUBSCRIBE FOR THE   GAZETTE  It#strick-holderg*aTe almost  entirely^in   Briiish^Cohmihia    with  practically no large investois and by  far'the greater number in the interior  /���������and their interests mostly all in small  holdings. The Board of Directors are  mostly business men in Vancouver  whose names are synonyms for commercial probity and commercial success. What it must mean for this  valley in the payroll it will create and  the impetus it must give to business  generally, will he diflicult to estimate.  WATER NOTICE  For a  Licence to  Take and  Use Water  Notice is hereby given that The Daly Reduction Co., of Hedley, D.C., will apply for a  licence to take anil use.'WO cubic feet per second  of wiitei-out the Similkameen river, which (lows  in a southerly direction through Hedley, U. C.  and empties in the Okanagaii river near Oroville. The water will be diverted at a point  on or between lot 1831 and lot 2!J0O and will be  used for power purposes on the land described  as Lot 2000.  This notice was posted on the ground on the  27th day of February, 1013. The application will  be (lied in the olllee of the Wuter Recorder ut  Fairview, Ii. C.  Objections may bo filed with the said Water  Recorder,    or    the     Controller    of     Water  Rights, Parliament Buildings.   Victoria, li. C.  The Daly Reduction Co., Ltd  C>. P. Jones, Agent  A PIANO manufacturer recently made a house-  M~*" to-house"canvass. He's one of those men with  an absurd fear of the "waste-circulation" bugaboo  ������������������cannot get away from the haunting thought that  only 10 out of every 100 readers of a newspaper  may be possible buyers of his goods.  ,. I ;  So he refused to advertise, and went a-canvassing  ^-inviting people to come to his piano recitals.  Then he wondered why they didn't come.  but also to his wife, his grown-up sons and  daughters, his mother���������even his mother-  in-law. Their coaxing will help to convince  the head of the house���������and pretty soon  there'll be a piano in that home.  This and dozens of similar cases which  might be cited to show that "waste circulation" is an empty bugaboo, and should  deter no one.  Take the motor truck. It can be sold  only to large firms Yet a motor truck  manufacturer is successfully Advertising  in daily papers. He realizes that he must  reach, not alone the managers of the concerns that require trucks, but also their  directors, their foremen, their head machinists, etc. It is found in actual practice  that this Advertising radiates in a thousand  directions, and again converges most astonishingly to influence the house that has  made up its mind that horse-trucking is  too costly and inefficient.  He wasn't reachinglthe people.  I  His canvassers rang every door-bell in  town.   They talked to some one in every  house.  x  But one in every household isn't enough  ���������particularly if it doesn't happen to be  the right person. And, as a rule, it wasn't  the right person���������it was a servant, or a  child. The woman of the house was seldom  seen; the man of the house, never.  Now, if the piano maker had placed an  ad. in the newspaper, it would have reached  thousands, where the canvassers could  reach only hundreds.  And even though only 10 per cent, of the  readers are actual piano buyers, this does  not mean that the advertising read by the  other 90 per cent, is wasted. Advertising  talks, not only to the prospective buyer,  Advice, regarding your advertising problems is available  through any recognized Canadian advertising agency, or the  Secretary of the Canadian Press Association, Room 503  Lumsden Bldg., Toronto. Enquiry involves no obligation  on your part���������so write if interested.  Illlllj^^ J fWffi .MTUIBTgM.11glM-*.->������,M Hr"Stlft>,5--.MIft^| f-/-J^ tf-yf ~.  THE HEDLEY GAZETTE MAR.20. 1913.  page o  Town and District.  W. C.   McDougall of Princeton   was  -    -a. visitor in Hedley on Friday last and  returned on Saturday's train.  The latest word concerning Charles  H. Brookes is that he hiked for Los  Angeles after leaving Vancouver.  A vigorous advanced instalment of  the equinoctial gales reported for duty  at an early hour on Tuesday morning.  Mr. Camsell does not expect to reach  British Columbia this year until he  ���������comes with the visiting geologists in  the early fall, and is not likely to leave  'Ottawa until August.  A. T. Horswill returned from C-i.-il-  ���������niont on Monday and is again on duty  in French's store, lie expects to move  his family down to Hedley in a- few  days so that they may have the benefit of a more tropical climate.  Rev. G. T. McKen/.ie will hold a  special Easter service in the chinch on  Sunday evening next, it being the  evening of Easter Sunday. There will  also be a special Sunday School service or quarterly lesson review at 2.30  on Sunday afternoon, to which parents are invited.  J. D. Brass was at Nelson last week  and icturned home on Saturday. The  train he came in to Oroville on was  delayed hy ii freight train running oil"  the track at Circle City. That is a  point on the Great Northern's V". V. &  E. branch that gives them considerable trouble owing to the difficult  curvature and grade. -  The G.N.R. put a new time table in  operation on Monday. By it the train  from the south arrives an hour earlier,  reaching here at 10:30 a.m. instead of  11:30 as formerly and in the afternoon  it is also earlier in returning to Oroville. The change is appreciated, for  it is conyenient to get the mail an  hour earlier and also in not having it  interfere with the noon hour-.  Messrs. Boeing & Driiss are beginning work on the bridge over the  Tulameen river which they have to  build at Granite Creek. They expect  the. job will take them about six weeks  but only a part of it is liable to be  effected by high water and it is likely  to be completed before any appreciable increase in the stream may reasonably be looked for.  .4. Mrs. Daly of Keremeos with her  '���������claughterand her niece. Miss Corrigan,  came up on Saturday last and remained over Sunday. The young ladies  :iire taking kindly to the game of golf  and had a few" l-oiuitis of the links  during their stay, and Mrs. Daly also  tried her hand and made a very creditable beginning. They remained over  for the Golf Club dance on St. Patrick's night:  ^ During her visit to Spokane recently where she went to attend her son's  wedding Mrs. Daly had the pleasure  of hearing Mischa Elman, the great  violinist. To say that she thoroughly  enjoyed the treat is putting it mildly  and the only thing to mar the full enjoyment of it was that her son, Billy,  had not been present to have enjoyed  it and seen the manner of treatment  employed by a virtuoso like Elman.  The members of the Hedley Golf  Club entertained their friends at a  dance in French's hall on St. Patrick's  night. The committee of the club  which had the affair in hand discharged their duties very efficiently and had  everything in good shape, but particularly in the labor they expended  and the good taste displayed in decorating the hall, did they most excel  themselves. There was'a very good  attendance in which Keremeos and  Princeton were both well represented  and all were bent on enjoying themselves. This annual function bids fair  to become more popular year by year.  A. Winkler has a couple of eagles in  a cage and is feeding them up like  game cocks. They were taken in a  trap a short time ago and are fast becoming domesticated. Mr. Winkler  denies the charge that he has any  serious intention of crossing them  with game fowl in the hope of getting  a ring champion that will be safe to  . bet on any day in the week. He had  better he careful that he doesn't let  any of them loose, and some, neighboring chicken coup suffer in consequence, for it would be hard for him  to convince some of the chicken wives  that it would be at all 1NFKA dig for  the "bird of freedom" to be caught  raiding a chickena-oost.  This year the golf links are not  ready for play ns early as they were a  year ago. There was no playing until  about the middle of last week and  then only a few of the holes were in .  shape. By the end of the week, however, there wa.s an improvement and  ahout all the holes except one or two  in which ravines are to be negotiated,  were in fair shape for play. In some  of these where the sun.has no chance  to strike, the accumulations of ice und  snow. are. much slower to yield and it  will require afew chinook visitations  before it all disappears. There are no  apprehensions of trouble from suffragettes in this case. Should they come  around monkeying with acids on these  greens they in,ly look for shocking reprisals.  The Hotel Siiuilkiime.cn has recently  undergone pretty thorough overhauling, the rooms being all re-kalsomined  and a-general brightness imparted to  the premises.  Mr. J. A. Schubert came down from  Tulameen on Friday last aud spent a.  few days in Hedley. He reports a  hopeful outlook at Tulameen and in  that section of the district generally.  Railway construction is helping out  business and the resources of the district are attracting more attention  than formerly. This is the first visit  Mr. Schubert has made to Hedley  since. June 1911 and while there is.  little change, in that time so far as  building is concerned he is well convinced of the fact that Hedley is in  better position today than it has ever  been.  'HOTEL SIM1LKAMEEN,  , HEDLEY, B. C. '  ' An Up-to-date   First-Class Hotel <:  RATES MODERATE ,  F. J.  DOLLEMORE  Proprietor.  METEOROLOGICAL.  The following ai-e the readings showing temperature, etc., for the week  ending Mar. 15, 1913:  AT THE   MINE.  Maximum Minimum  Mar   9            .            35 20  10 ..          28        .. 19  11 ���������      .. 20 15  12 ..          2S 10  13 ..          20 ..              15  14 ..          28 5  15 ..          31 ..              16  Average, maximum temperature 29.71  Average, minimum do.       15.14  Mean temperature 32.42  Rainfall for the week .00 inches.  Snowfall        "        " 3.0  COKKKSl'ONDING WEEK OK LAST YEAH  Highest maximum temperature 30.  A. MEGRAW  NOTARY   PUBLIC  Conveyancer,   Real Estate.  Mines,  Crown    Grants 'Applied    For  Under   Land   Act  and  Mineral Act.  Agent for:  Mutual Life of Canada.  Hudson Hay Insurance Co.  Maryland Casualty Co  Ocean Accident and Guarantee Co.  Office   at   HEDLEY,   B.   C.  Average maximum  do  22.57  Lowest minimum  do  ���������  _2,  Average minimum  do  4.71  Mean  do  13.64  AT  THE  MILL.  Maximum        M  inimum  Mar   9         ..          51  29  10         ..          45  27  11          ..          51  29  12          ..          39  ..    -  28  13         ..          35  19  14                      41  .. ���������*-  30  15i        ./.,       44  ..-!  31  Ave>a-itf m^Mmi ftr t^  Average minimum  do *----���������-  -14.71  Mean  do  30.92  Rainfall for the week  .02   in  ches  Snowfall        "        "  0.67  n  COKKKSl'ONDING  WEEK  OK LAST  YEAR  Highest maximum temperature 47.  Average           do  do  40.  Lowest minimum  do  12.  Average           do  do  15.71 -  Mean  do  27.85  FREE-  to fur SHIPPERS  The most accurate reliable and only Market Report  and Price List of ltd kind published.  Hulled Film'   to  tlioso interested in   lla-w Furs  SEND US YOUR NAME ON A POSTAt-TODAY  It's nut a Trapper's Guide, but a publication i-,sued  every two weeks, wlilcb gives you reports ofwliat is  doiiurin all tho Markets of the World in American  Raw Furs. This information is worth hundreds of  dollars to you.  Write for it���������NOW���������ITS FREE  A.  B. SHUBERT  The largest House in lhe World dealing exclusively in  American Raw Furs  25-27 W, Michigan St., Dept.138CHICAG0, ILL, U.S.I  Similkameen Poultry Farm  HEDLEY,'B. C.  Quality Burred Rocks, (Latluin Strain)  S.C \V. Leghorns hred for winter eggs  Mammoth Bronze Tin keys, prize  winners at Spokane Shows in 1911  and 1912.  RUGS  FOB HATCHING  Prize winning  pen  Barred   Roeks,  .$3.00, 15 eggs.    Day-old chicks 40c.  S. C. W.  Leghorns,  $2.00,   15 eggs.  Day-old chicks 30 cents.  M. B. Turkeys Eggs 35 cents.     Day-  old pullets 50 cents.  ' .* MRS. H. B. BROWN.  ���������  ���������  A.  ���������  ���������   '  ���������  SEE OUR  They Are Now  COMING IN  Wo have already opened up some lines' of  LADIES' BLOUSES  HOSIERY  HOUSE DRESSES, etc.  which are going fast.  Other goods coming in for the next.three  or four weeks.  We   are   showing  exceptional value in  a    special    line    of  Men's Fine Llama Sox  Regular 50c value      -      3 pairs for $1.00  w.  Frseel  ���������  t  ���������  ���������  ������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������  NOTICE  ForSpring Decoration  Wall Paper,  Burlap, Velour's Art  Glass, Room Mouldings, Etc.  Samples from the largest stock of Wall Papers  in Canada.   The New Empire Wall Paper Co.,  Ltd., Montreal, Toronto and Winnipeg.  J.   K. WTfK'V,   Agent,    Hedley.  A post card will bring these samples for  your inspection.  Great Northern Hotel  Hedley, B. C.  Has more accommodation than any  other house in the town.  It ii   the only three storey building  and has good rooms  The table and other appointments are  first-class.    Board by the day  or month.  RATES MODERATE  Certificate of Improvements.  Form F. ���������;.'  Chows Point No. 2 Mineral Claim, situate in  the Similkameen Mining Division of Yale  District.. Where located:In Pollock Camp.  TAKE Notice that I,-Frank Bailey, Free  Minora Certificate No. SSlOttB intends sixty-  days from date hereof to apply to the Mining  Recorder for a Certificate of Improvement!!,  for the purpose of obtaining a Crown Grant of  the above claim.  And further take notice that action, under  section 37, must be commenced before the  issuance of such Certificate of improvements,  FRANK BAILEV  Dated February Sth, 1913 31-10  I Plumbing and Heating-, Sheet I  f ��������� -���������~���������! ;���������-~��������� .���������������������������' ~ j������  I     Metal Work Tinsmithing- f  I .-;������������������������������������ ������  I Shop comer Angela Ave. and Bridge s*:  K St.,  in 'iVIm-dock's blacksmith-shop.' -g  i Work guaranteed.   Consult us about your work  I H. DIGNAN  'ractical Workmen  PRINCETON, B. C.  Proprietors  5  3  ;  X  I  liMii&MWI&ifr^  NOTICE  SIMILKAMEEN LAND DISTRICT  DISTRICT Ol.' VAI.B  JOHN   JACKSON,   Prop.  07n&  JD-  'fy���������6n>4r  ���������"rake notice that I, Sam Diinott", of the City of  -*- Nelson, B.C., occupation Merchant, intends  to apply for permission to purchase tlie following described land.  Commencing at a post planted about 10 feet  in a northerly direction from the north-east  corner of Section 22,-Tp.tifi, being the initial  post the South West Corner, thenco north 10  chains, thence east 40 chains, thence south 10  chains, thence west -10 chains to point of commencement and cunt-iining 100 acres more or  less.  SAM DANOFF  March 10th, 1813 1.1-10  ���������  ���������  ! culvers' * Del Monte'  NOTICE  mmm  |ONEnrT���������ALLKINDS"HI  Ifo Iho CLEANEST, SIMPLEST, and BEST HOME  DYE, ono can buy-.Wby you don't even have to  know what KIND of Cloth your Goods arc mado  of.--So Mistakes arc Impossible.  Send for Free Color Card, Story  Booklet, and  Booklet giving results of Dyeing over other colors.  Tho JOHNSON-RICHARDSOM CO.. Limited.  Montreal. Canada  When   writing- Advertisers    Please  Mention tae Gazette.  SIMILICAMF.'-'N  LAND DISTRICT  IIISTIUCJT OF  VATK  T'AICE Notice thar, I. William Hlano, of New  -1- Westminster, B.C.. occupation, a Broker,  intends to apply for permission to pui'chaso the  following described lands.  Commencing at n post planted at the N. W.  corner of pre-emption lOlos thence west lOchains  tlionce south SO chains, thence east SO chains,  north '10 chains, west 10 chains, thenco north 10  eliiiins to point of commencement containing  180 acres, more or less  William Blanc  M. J, MeKoown, Agent.  Doc. .'fOth. 1!)12. 3-10  MINERAL ACT  CERTIFICATE OF IMPROVEMENTS  T AST Chance Fraction, Last Chance, Avoea,  -*LJ Summit, Fraction, Goodvicw Fraction,  Jack Pino, Primrose Fraction, Deadwood and  Cyclone Fraction Mineral Claims situate in the  Osoyoos Mining Division of Yale District,  Whcro located���������In Camp Hedlev.  Take notico that T, Duncan 'woods. Free  Miners Certificate No. lOiiMB, intend, sixty  clays from tho date hereof, to apply to the  Mining Recorder for a certificate of improvements, for tho purposo of obtaining a Crown  Grant of the above claims.  And further tako notico that action, under  section 37, must bo commenced before the  issuance of such Certificate of Improvements.  Dated this 2Stli day of December, 1912.  52-11 DUNCAN WOODS  ���������  ���������  ���������  t  t  ���������  t  FOR    QUALITY  EVERY   TIME !  JAMS AND   FRUIT  made from  Last Season's Harvest  Selected and of the highest grade.  We guarantee them  to be pure.  Insist on  CHIVERS' JAMS or  DEL MONTE'S FRUITS  Next Time  Schubert's Supply Stores %  HEDLEY and TULAMEEN f  SUBSCRIBE  FOR  THE   GAZETTE! p.ige 0  THE Hi-fi OLEY GAZETTE. MAR 20. 1013.  .View of Buildings During Construction Showing Trestle  . Tramway I'n Linii.'stoni' Quarry,  BRITISH COLUMBIA  PORTLAND   CEMENT   CO,  LIMITED  The ��������� charter- for the Company was received on the ninth  of -September 1910 and final organization completed, the latter part of the same month.  The officers-first selected were  practically the same as those  now in control. -All are well  known and successful business  men of Vancouver.  The 80 acres of land:which  contain the limestone and shale  deposit was bought from Mr.  John George for 1,850 shares  of the company's stock, no cash  being paid him.  (Although there is.a deposit  of coal on the Company's own  land they are buying their coal  from the United Empire Company whose deposits on the adjoining property have been  opened. The contract price  Avith this company for coal  needed in the manufacture of  ���������cement: is $1.25 per ton for  slack coal and $2.00 per ton for  mine run. It is a lignite unusually-high in carbon, and .volatile matter and consequently  makes a fine coal for the calcination or burning of the raw  materials necessary for the  manufacture of cement.  : -The limestone, and shale are  of first quality and have been  tested out in several.laboratories and at the works* of the  Rocky Moutain Cement Co. at  - Blainnore, Alberta. The Great-  Northern By. Co. went so far  as to take the raw materials  from the property aud have a  thorough test made in St. Paul  without the Cement" Company 's knowledge before they  -completed the spur and their  chemist found them entirely  satisfactory, for the manufacture of the highest grade of  Portland Cement. There is  sufficient material on the property to keep the works running  for hundreds of years with a  capacity of 2,000 barrels per  da v.  In the fall of 19.10, Mr. John  George who was elected manager of the company, was auth-  oi-ized to  sell  the  bonds  and  stock of the  Company.    Outside of this no fiscal agent has  been appointed by the   Company to dispose of their bonds  and stock.   Quite a number of  bonds have been  disposed  of  by the Secretary, and by Mr.  II. M. Budd, a brother of one  of the Directors of the Company, and also by some of the  Directors.    In consequence of  this they find that their organization    expenses    have   been  very low as compared with other companies of a similar char-  ��������� acter.   They have had to give  no large amount of stock in addition to commissions to place  their   bonds   on   the   market.  Since October 1910, $315,000.00  of their Bonds have been fully  subscribed, which leaves them  in the neighborhood  of $20,-  000.00 to place in order to supply   sufficient   funds   to   completely equip the plant.   From  the present estimate they have  expended to date nearly $270,-  000.00, for all purposes, $30,-  000.00 of this amount will be  returned  to them  by the  ad  joining Coal Company, for  one-half interest in tlie rai I way  spur just completed. They do  not expect to sell more'than  $335,000.00 of the $-4-00,000.00  worth of bonds which-they are  permitted to issue according to  their by-laws:. HoAveveiy if  conditions arise -ivei" Avhich  they have no control, they  might possibly place $350,000.-  00 of the present issue. With  those $335,000.00 of bonds issued according to the, present  basis of sale, they would not issue more than 1,700 shares of  stock.    This amount added to  Imaiely $j00,000.00.   The total  !e\penditure.Avould then not ex-  ' need more than $400, 000.00 for  plant and machinery.  Tlie buildings arc all being  'Oiisi-ructcd  of   limestone  tak-  '���������"l -'r m lhe quarry which Avill  'iirnish the carbonate of lime  "or ihe manufacture of cement.  The   main  building  is  00x434  "eel,   the   Engine   and   Boiler  'louse is 60x118 feel, lhe coal  ���������rving house is 35x65 feet, the  ���������tockliouse is = 60x200 feet. All  these   are   'completed   at   lhe  present  date.   The   office   and  laboratory are also completed,  but the machine shop yet remains to be built.'  .  The'raihvay. spur which has  inst-. been completed to, connect  the cement, 'works and the coal  mine of the United Empire' Co.  with the main line of the Great  Northern .'-..Raihvay. is about  one and one-half miles long,  which had to be built to accommodate: the Ayorks. A. large  bridge to span the Similkameen River, at a cost of about  ?;25,00.00 is -iioav completed.  The total cost; of the spur and  bridge will be in- the neighborhood" 6f $60,000.00. The railway company furnished the  rails laid same and .-mrfaced  the track.   The United Empire  The employees of the Cement Works will reside on the  new toAvnsile of East Princeton which is only distant about  ten minutes walk. Homes are  being provided for them there  by the owners of the toAvnsite  and they will be supplied with  all the conveniences of a modern citv.  Mr. W. J. Budd, one of the  directors was engaged for the  sum of $10,000.00 to build the  cement factory having, a capacity of 500 to 700 barrels.  The cost of the-plant, will-not  exceed $200,000.00. Buildings  are to,..be large enough so that  the capacity could be increased  ah.any time to 1,500 or 2,000  barrels. The machinery selected is to be the latest pattern  and the best that can be purchased in the market. The machinery of the entire plant is  to be driven by individual motors. A .power plant sufficient  to furnish power, for the Avorks  and a lighting system for the  neAv town, of East cPrinceton is  to be included in the cost of the  Plant. ;  ��������� For the purpose of seeing  the.latest machinery that is being used in Cement plants, Mr.  Brdd was sent East lo inspect  various     plant*--,    in     Eastern  Interior View of Main Factory Building.-���������1. Tube. Mill. Storage Bins for Rock and Slate and Rock and Clay Drier.  2. Rear View of Rock anil Slate Drier with Crusher Platform in B.-ickground.    3. Finishing End of Mill.  ���������1. Same View Showing Space for Additional Machines-*.  the amount of shares given for  the property would make a total issue of not more than  3,600 shares of the 5,000 shares  for which they are capitalized.  These figures are mentioned to  call attention to the fact that  the profits accruing to the purchasers of the bonds and stock  would enable handsome dividends to be declared.  The capactiy of the plant  will be from 500 to 700 barrels  per day on the. installation of  the first unit. The buildings  are sufficiently large to accommodate two additional units.  When the plant is fully completed it would then have a  capacity of approximately 2,-  100 barrels per day. They can  secure this output by an additional expenditure of approxi-  Company is paying one-half of  the cost of the spur and bridge.  In addition to the Great Northern Railway, they will have  the services of the Kettle Valley Raihvay, which is the  southern branch of the C. P. R.  System.. This will be built into the Similkameen Valley during the coining summer and  will cross their G. N. R. spur.  This Avill gixre then two valuable means of transportation,  and permit them to enter all of  the markets of the interior, of  British Columbia, the state of  Washington, and the very important market of Vancouver.  Contracts for the construction  of the Kettle Valley have been  let, so that their line will be  within 15 miles of the works at  the present time.  parts of the United States and  Canada.  Up to the present time the  company has spent over $230,-  000.00 in constructing* the  buildings, raihvay spur and.  general expenses. The cost of  machinery alone jleliA'ered to  Princeton will be" $125,000.00.  The installation of same is almost completed and from the  present prospects the plant  should be ready for operation  in about 60 days.  Mention is made of the.fact  that a plant-is being installed  here which Avhen completed  will produce 2,000 barrels of  cement per day for a total cost  of about $400,000.00. There is  no other plant in the Avest or  norf Invest of like capacity that  has not cost all the Avay from a  million to two millions and a"  half to produce 2,000 barrels  per day. This sIioavs the con-  sei'A'ative methods being used  in the organization and opera-  lions of this company and  there are three or four reasons  Avhy those other plants lun-'e  cost so much more than this.  First, this company has given  no bonus nor big block of stock  for organization or placing-  their bonds on the market. Second, they paid only a nominal  sum for superintendence during tho construction of the  plant, while all other companies have paid big engineering  firms a large per cent, on the  total cost of the plant, aud  these necessarily find it to  their .adA'antage to add every-  dollar to the cost of the labor  and machinery in order to increase their returns. Third,  on account of the natural situation of the plant they are "put  ���������:to very title expense in conveying machinery.  But the most important feature which' spells success for  the future of the company is  the low capitalization compared with other companies  and the cheapness with Avhich  they can operate .OAving to hay--  ing all their raw material right  at -their.works with no freight  charges to assemble them.  What that will all mean to  shareholders when the dividend period is reached can easily be computed by those who  will take the trouble to institute a "few comparisons in the  cost of production.  While most of their bonds  have already been placed they  have a small part yet to be subscribed to realize all the capital  they will require before the  plant is paying its own way.  These bonds they are placing  at par and bearing 7 per cent,  interest and while no stock is  being sold a bonus of stock  equalling fifty per cent, the  amount of -the bonds is being-  given to purchasers of the  bonds. These bonds are to be  redeemed*in 192.1 by a sinking-  fund set aside out of the profits of each year and Avhen the  bonds are redeemed the investors in them will have their  money all back Avith good interest and haAre the stock which  which cost them nothing, remaining, upon which they Avill  be collecting good dividends  each vear.  View of Railway Bridge Just Before Completion, B!P���������VA *f\  >&K������,KeJseevtv.Bn  THE HEDLEY GAZETTE, MAR 20.  1������13.  page 7.  GENERAL . STA TEMENT  (>F AFFAIRS OF COM-  '   PANY AT PRESENT  ' DATE  As a short statement of the  present position of the Company as regards the outlay to  date, the funds on hand, the  plans for providing the  amount required to complete  and place . the industry on a  dividend-paying, basis, will be  appreciated in addition to the  financial statement in the form  that these documents go to the  general meeting, we give the  following:  STOCK   ISSUK  A u thorized    Capital..  (Shares   Par   Value  $100)     all     common  stock  Amount     issued     for  land containing-,  limestone      deposit,  and   rislit of way..  $l!>0,000.0i>  I No   Cash   paid   for  l.and)  To till     to    be     issued  with    present   Bond  sale  S'i'J-i.OOO.OO giv-  inur    r>0    per    cent.  with    lionds   Unissued     stock     re-  rnainlnp'    in    Treasury       S500,000.00  Mi!). -100.00  HO.liOO.OO  $500,000.00 $r-oo,ooo.oo  Total amount of stock actually issued  to date- includinn* .fil 90.000.00 given for  land $2S2.'.100.00. No shares are being* offered for sale except as a bonus with  :i!ond Issue. All cash capital is furnished  entirely from  the sale of Bonds.  BOND   ISSUE  Authorized        ( First  Mortgage)      *?400.000.00  (������100 ana $500 Denomination)  Total     amount     offered      $3*JS.S00.00  Balance   unsold  to  bo  sold    later   to   enlarge    plant        01,200.00  ������-100,000.00 $100,000.00  There has been subscribed to  date $338,800.00 from which it  is estimated that $23,800.00  mav be considered doubtful  leaving $315,000.00 fully subscribed and either paid or considered perfeetlv good but  $70,000.00 of which is. still unpaid. No bonds are issued until fully paid up and the  amount actually issued so fails $185,800.00. "  ESTIMATE   Oh'   COST.  Tlie estimate of Avhat would  be required to erect the buildings, put in the machinery of  the first unit and provide $50,-  000.00 of working capital was  $338,800.00. Although the spur  and bridge over- the -river cost  $20,00.00 more than the estimate, yet it is now seen that  the entire estimate for completion of the first unit was about  $15;Q0O.OO too high.*    The adjoining coal company entered  into agreement to bear half the  cost of the railway spur and  bridge, but so far have been  unable to come .through and as  a result the Cement Company  has been required to advance  their share and that will come  back-later, but it was responsible for some of the delay that  has  already been occasioned.  That and the slowness of some  of the bond subscribers in paying up on their bonds has compelled the management to borrow-from the banks.   Bond interest and bank interest will  have to  be  paid  temporarily,  out of the proceeds from the  bonds    until    same    can    be  has been fully taken care of to  date. To wipe out these, provide for what remaining expenditure Avill be necessary to complete "and give sufficient working capital to carry through  during the period that the output is stored before being-  put on the market, a few more  bonds Avill be sold and from  present indications it will only  be a feAv more days until ail  are more than taken up, in  which case subscribers will only be allotted a proportionate  amount.  $50,000.00 working capital is  considered more than -ample  for operation of the first unit.  Part of this amount could be  used to pay for additional machinery to double the capacity,  when plant is operating a few  months.  The cost of additional machinery to increase output to  double Capacity will be about  $40,000.00. Additional Bonds  can be sold or part of the profits used to do this.  The Buildings are large  enough to accommodate three  Units, each of 700 barrels capacity.  ing. The duty on imported  cement is 55 1-2 cents per barrel, including sacks. Duty lev-  ied by the United States is only 26 cents per barrel on cement shipped into the States  from Canada.. Customs reports for 1912 show that in  four months last year, 398,000  barrels ��������� of cement Avere imported into B. C. last year.  Wholesale prices in Vancouver, are $2.50 to $2.65 per  barrel in car lots. Prices at  interior points are double these  and they Avill be our best and  nearest markets for cement.  Present freight rates to Vancouver Avill allow a profit of 65  cents to 75 cents per barrel and  when both lines of railroad are  completed this coming year,  which will place.the plant within one hundred and fifty miles  of this city, the profit per barrel Avill be still better. At all  interior points located within  150miles of the plant the.market can be held against all  coast concerns with a reduction to the home consumer aud  give a handsome margin of  profit. They-can also-ship to  the coast with the down grade  ceptionally superior character  of the product and this is based  upon repeated experiments  and tests showing the exceptional superiority of the materials which Avill enter into  the composition of the manufactured article. Second is  the exceptional advantage in  having all the,materials assem-j  bled in immediate proximity to  the works and not a cent of  freight on raw materials being  required. The third is the very  great advantage over all competitors for the home market.  These three with a Ioav capitalization and an up-to-date, plant  are features that are very  pleasant for investors in the  enterprise to contemplate.  TRY THE  Hedley Gazette  PflLfl6fc  Liveru, Feed k Sale Stables    HBDLEY   B. C.    If A good stock of Horses and Rigs on  Hand.    *{ Orders for Teaming  promptly attended to.  Office of Dominion Express Gompanij.  WOOD    F O R   S A I, E !  Phono h.  INNIS BR05. Proprietors.  White Legiiorns  Of Quality  The Kind Ttiat Lay and Pay  for  Fine Job Printing  PHIrlcc  Rupert  fOHT  GtOBSE  ������l.  Spokam������  WC-tylr.c-rtEC  Key Map SlHnvingTraii-iportation.Fjicili ties.  ��������� ;*.-...-..   ",������.. - ��������� "     ���������..������������������-..  charged off from the profits  when operating. The directors personally guaranteed the  bank advances and this aided  verv materially.  l'KKSENT  ASSETS  The present  assets nuiv be  taken as  Land       $100,000.00  8-l.ii00.00  Plant   &   Machinery  Spur and Bridge  ...  Other   Items    to    be  i-harged off: against  General     cost     of  Plant   Cash   (varies   daily)  70,000,00  (M,000.00  no.ooo'.oo  1,500.00 $41)0 000.00  Bond      Subscriptions  not   fully   paid....  70,000.00  ,$r.?.o,ooo.oo  LIABILITIES  Direct liabilities outside off  bond and stock issue are the  bank advances, some machinery notes and a few small current accounts. Labor, materials  and  machinery delivered  competition; prices and kail  RATES  . The .Vancouver Portland  Cement Company located at  Todd Inlet on Vancouver, Island, is the only other Cement  Plant located in British Co-,  lumbia, that is in operation.  These works at East Princeton  will be the second and being on  the mainland, will have a decided advantage in supplying  the interior market as well as  the very important market of  Greater Vancouver.  The daily capacity of the  Todd Inlet plant is about 1,500  barrels and they are not able  to supply one quarter of the  demand in this Province. This  company in order to supply its  own trade has purchased 500,-  000 barrels from United States  plants, in addition to its own  output.  There are several other  large importers of Cement, like  'Halfour, Guthrie & Co., R. V.  Winch & Co., Armstrong and  and Morrison. These firms in  one Aveek during August alone,  imported 60,000 sacks of cement.  The Avorks at East Princeton  being so advantageously located can supply many places in  Alberta and the State of Washington. The City of Calgary  recently purchased 150,000  barrels, and the City of Edmonton 80,000 barrels of cement from the Inland Portland  Cement Co., located at Meta-  line Falls, Wash. This order  could have been filled from  East Princeton at a handsome  profit if they had been operat-  haul for the greater part of  the way and compete in the  coast market owing to ..the advantage they hold in the cheap  production of cement because  of having all the materials  close at hand in addition to the  coal for calcining and power  purposes. f  The interior market will consume the entire hutput of the  first unit and it will only he a  short time untihthey will be  compelled to increase the capacity to meet the increasing demand in the ulterior. An additional Eotary Kiln and some  more grinding machinery than  is contained in the first unit  Avill be all that will be necessary to add to the plant equipment to double the capacity  and this can be done at-relatively small cost as compared  with the first outlay.  (Upon three important things  the company base the hope of  attaining from the very first  turning of the wheels a success  unequalled by any like industry.    First of these is the ex-  Sniall Allotment of  Bonds Still Obtainable if application  is made at once to  the Secretary, C.R-  Briggs, 615 Hasting St, W., Vancouver.  Plan Showing SO acre  tract owned by coni-  pany wit h location of  deposits, buildings  and raihvay spur.  INVKST1GATK Winter Kgg Production in  Princeton. Then send an order for a " Settu.g  of Eggs " or some " llaby Chicks." Try them  yourself. Our pens are noiv mated for best  results, and we can supply you with Hggs or  Clucks in any quantity, just when you want  them.  N'o. 1 Pen, Per .Sitting- S������ : Jlab.vCliiuks.40e  each.  Xo. 2 Pen, Per Sitting Si : Baby Chicks. H0c  each.  Xo. 3 Pen, Per Sitting $1.50: Baby Chicks. 2.3c  each.  We allow 211 per cent, oil" these  prices for lots  of 100 or over in  eggs or chicks.    Order early  and ensure pood winter layers.  Address--  T. C. BROOKE  PRINCETON POULTRY FARM  SAFE AS THE SAFEST  AMI  Cheaper than the Cheapest  is a straight.life policy in  MUTUAL LIFE  OF CANADA  The history, of thousands of policies  on the above plan shows that it has  cost less than four dollars per year to  carry a policy of one thousand dollars.  If you doubt this call on the local representative and see the history of  one policy for 2(3 years; then ask yourself whether you know of any other  concern whether insurance company  or benevolent society that can show a  similar vec-oid.  Every Plan of Genuine Insurance  it  is'- the  people's Company, and  profits are all for the people  its  This accounts for the wonderful success which has attended forty-two  years of unparalleled, progress and  achievement.  W. j. TWISS  Manager for B.C.  A. Megraw.  Local Agent  Hold your Orders  for  British Columbia  Portland cement  Will be on  the market in  May of the present year  The Famous  Elk   Brand  is bound to create a big demand for the output owing to  the purity ot the materials to  be used in its manufacture.  Limestone that is dolomitic  in character will not produce  the best brand of cement and  the exceedingly small percentage of magnesia in the limestone shows it to be of the  highest quality for the manufacture of the highest quality  of cement.  SUBSCRIBE FOR THE   GAZETTE  ���������man page S  THE HEDLEY GAZETTE. MAR 20, 1913.  KERB  EO  KEREMEOS, the Centre of Lower Similkameen���������- Famed for Fruit Growing  Town and Lower Valley.  Automobile stage is running again  to Penticton.  W.Mark Daly went up to Medley  I'm-tin-Golf Club dance.  Andy .Jensen of Princeton is spending a few days in town.'  Another car load of lumber arrived  iMonday for W. H. Armstrong.  Roy llargreaves left Tuesday, March  , ��������� ���������-, 1.Sill.for Spokane to visit,friends there.  Henry !Leo'of. Fail-view rode over  Saturday to transact a little business  here. ,  Arc you oh the Voters' list? if not  get mi and don't lie kicking when it is  too late. ���������  Mrs. Daly, Miss Daly and Miss Cpr-  rigan went up to Hedley to spend the  week end.  Mr. Robertson, owing to the number of men in his employ, has hired a  Chinese cook.  Chief Constable Simpson passed  through Friday, March 1-lthon his  way to Princeton.  The contractors  of the F. B. Gibson  house are being'held   up on account of  ��������� ���������shortage of lumber.  Mrs. li. 0. Clarke and daughter,  Miss Easton, went up to Medley to attend the Golf Club dance.     ,,  Don't forget tlie Masquerade ball,  the last of the season, at the Town  ���������Hull on Friday, March 28th.  Mr. and Mrs. McCurdy and Lillian  came lip from Siinilkaiueen Saturday  tlie 15th returning the same day.  Mrs., Sproule, of Hedley passed  through Wednesday the 12th on her  way to  visit her sister'at Vancouver.  Homer McLean of Princeton after  visiting the Okaiiagan passed through  on his return'home Thursday, March  13th.  .���������.--���������-���������-���������  On Easter Monday the Ladies' Aid  will have an ice cream and cake social  at the restaurant. Everybody welcome.  Mr. Gibb, who lias been in charge 'of  the packing school all week, left on  Monday evening's train for Rock  Creek.  William Haining... has rented the  house and buildings of W. J. Robinson's, of Summerland, property near  Chopaka.  The way the little fellows are handling their lacrosse sticks it won't be  many years* if they stay with it before they will be challenging for the  Minto Cup.  Special Easter services will be held  in the Presbyterian Chinch next Sunday, by the Rev. A. H. Cameron. Special music will be provided. Everybody welcome.  We are pleased to see Dr. Thomson,  the Dominion Veterinary Inspector,  around again and performing his  duties after having passed through a  very prolonged illness.  We undeistand that W. H. Cameron has secured a contract to plow up  and plant some two thousand trees on  some property about two and one-half  miles west of town on the north side  of the river.  Everybody got an extra move on on  Monday on account of the new schedule of the G. N. The train now arrives at 9:20 a.m. returning at i p. iii.  The outgoing mails will now close for  the west at 9 a.m. and for the south at  8.30 p.m.  W. C. Bowcn has sold out his farm  to Donald McCalluni for a cash proposition. Mr. Bowen intends visiting  the prairie provinces to look after  some business interests, while Mrs.  Bowen and children will remain in  Keremeos for a short time.  Pete Bromley, the village blacksmith, is carrying around a black eye.  This change of his countenance was  caused by a broncho that felt a little  lively .at the time and just planted  him one just as a gentle reminder- that  he objected to being shod, nevertheless he was shod just the same.  Mattice Brothers   were surprised on  return ing  from  the  orchard   to find  that some  parties had lifted the window sash   and   got   into   the   house.  Nothing   however was found   to   be  missing and only a few comic papers  had  been moved.    By  the foot prints  under  the  window  it looked as if it  had  been  the work of some youngsters. If these youthful housebreakers  are found  out they should be given  something  they wouldn't forget in a  hurry.  RECENT  PUBLICATIONS  The Cenadian Geological Survey's Latest  Contributions in Memoirs and Maps  Memoir 13���������Southern Vancouver Island by Charles II. Clapp, 208 pp., IS  pis., .--! figs., 1 map, 1012.  The author describes the topography  and ueology of that pa it of Vancou  vim* island lying south of the Alberta-  Nanaiino road, and east of the Alberni  canal and Barkley sound, **.lso Salt-  spring island and several islands of  the east coast of A^ancouver Island in  Haro straits. Notes on the economic  possibilities.aie also'given.  Memoir 21���������The geology and ore  deposits of Phoenix, Boundary District, British Columbia, by O. E. Le-  Roy, 110 pp., 7 pis., IS figs., 2 maps,  1912.  The area described is about 1.9  squares-miles, and comprises the enormous low''grade ore bodies of Phoenix  and its immediate vicinity. The extensive underground development has  'afforded exceptional facilities for the  study of these ore bodies and their  geological relations. <;���������  Publication No 1218���������Summary Report of the Geological Survey for the  Calendar year 1911. 112 pp., .7 figs., 7  diags., 2 maps, 1912.  This contains short descriptions of  the work carried, on by the various  members of the staft\of the Geological  Survey during 1911.  MAPS'. "  Map 31A���������Larder Lake, Nipissing  District, Ontario. A geological ..map..  Scale 1 mile to 1 inch.  Map 32A���������Larder Lake and Opasa-  tika Lake Nipissing, Abititi, and Ron-  tiae, Ontario and Quebec., A geological map.    Scale 2 miles to 1 inch.  Map 3SA-��������� Danville Mining Disti ict.  Counties of Arthabaska, Richmond  and "Wolfe, Quebec. A geological map  showing the distribution of the peri-  dotite, serpentine, and related igneous  rocks.    Scale 1 mile to 1 inch.  Map 69A��������� Route map of part of Nass  River, British Columbia,. Scale 8 miles  to 1 inch.  J. A. BROWN  Notary Public  CONVEYANCING,' CUSTOMS imOJCEKAGE,  KIUK  INSURANCE  OFFICE  KEREMEOS. B.C.  *���������������-������������������������������������������������������������-������������������������������������������������������������  i~in  i-gns  t  C.   JE.   SHAW  Civil Engineer, Dominion and Provincial Land Surveyor.  Office of .1. A. Brown  KEREMEOS  B. C.  R. H. ROGERS,  M.A., B.O.L.  BARRISTER, SOLICITOR,  NOTARY PUBLIC, ETC  Vernon, B. C  H otel Keremeos  Opposite G. N. R. Station  The returning rohin may be a fair indication  that spring- is in the air, but there are others.  Whenever the rancher or the orchardist or the  gardener knows that it is time for him to prepare  for the spring work, he always knows that the  store of tlie F. Richtkr Estatk is here with the  goods.  All   lie needs   to help him out with his prun  ing, spraying and planting is ready at hand,  supply them. ���������  We  X  F. RICHTER estate  MRS.  A. F. KIRBY,   Proprietress.  SILKS  Large Assortment of choice Silk Dress  Goods, Silk handkerchiefs etc.  for sale, at right prices  TOHMY SING; Keremeos  TWISTED LION'S TAIL  Novel Method of Montana Man in Fighting a Cougar  Yankees are frequently accused of  metaphorically "twisting the lion's  tail", but Here is a Yankee who ha,&  worked the trick literally:  Montrose, Col., March 11.���������An immense mountain lion, the largest ever  captured in this part of the country,  was caught in a most sensational manner by Uri Hotchkiss, the famous  hunter and trapper of Colona, six  miles east of that place, on Wednesday.  Hotchkiss climbed a tree, in which  the lion was crouching, unarmed except with a rope. The lion chased him  down the tree several times, but finally Hotchkiss got within about three  feet from him and threw a rope  around his neck. The men on the  other end of the rope attempted to  pull the lion out of the tree,, but were  unable to do so. Hotchkiss worked  around behind the lion and twisted his  tail until they jarred him loose. After  getting the lion down they threw  another rope around his leg. Hotchkiss then placed him on the saddle,  fastening his feet and head to the  horn, climbed on behind and brought  him into Colona.  SING LEE  Laundry, Contracting of all  kinds, Ditch digging, Wood  Sawing, Clearing land, Cooking and all kinds of Chinese  Labor.  Kejiemeos, B.C.  KERBIEOS-PENTICTON  AUTO STAGE SERVICE  > Tweddle's'Auto Stage leaves \  \ Penticton every morning to I  ������ connect  with trains going to   ^  > Hedley,   Princeton and Coal-  S moiit.     Leaves for Penticton  ( on  arrival   of  9:20   and   1:00  i trains. '  X           Fare���������single $G.00"  (               retukn $11.00  T Two New-Cadillac Cars are on  { This Line. Satisfaction  J> Guaranteed  ������ Nothing  but   expert  drivers^  % engaged.  11 Baggage   carried"  C and   commarcial   trunks   ar-  ������ ranged  for.    Cars  call at all  X hotels  X HARRY TWEDDLE  t   Keremeos Centre   " -       B. C.  Wire for reserve scats at, my expense  NURSERY STOCK  "OUR AGENTS MAKE MONEY"  selling our hardy, guaranteed stock.  Experience unnecessary.  YAKIMA VALLEY NURSERY CO.  Toppenish, Wash.  NOTICE  SIMILICAMEKN LAND DISTRICT  niSTKICT OK YAM!  H. C. N. ETCHES  is Agent for the Hedley Gazette in  Keremeos and authorized to book  Subscriptions anil take orders for  job work and advertising.  POST OFFICE,   KEREMEOS,  B. C.  ���������T-AICK Notice Tlmt I. 01f>u D.-inoir, of Nelson,  ��������������������������� . B.C., occupation Housekeeper, intends to  apply for permission to purchase the following  described lands:���������,  Commencing nt a post planted about 10 feet  in u southerly direction from the Xorth-Kasf,  corner of Sec. '������!. Tp. (Hi, being the initial post  the North-West corner: thence south !i0 chains;  thence cast 10 chains; thence north 20 chains;  thence west 10 chains to point of commencement and containing 811 acres more or less.  Olffa Dimoir  S. Danoll'. Agent.  Deo. 13th. I!II2 51-10  SEED POTATOES  Foil Sale���������First-class seed potatoes  "Golden Coin" and "Royal Russet".  Any quantity at 2c per lb.  R. C. Clarke,  9-tf      Uber Villa, Keremeos, B.C.  Kcrenicos-Pcnticton Mail vStage.  The auto stage leaves Keremeos for  Penticton, Tuesdays, Thursdays and  Saturday at 5 p.m.  Single fare $7.50, Return'$11.00  The   auto  stage will   run an   excursion  every   Sunday   from Penticton   to Hedley  and   return, leaving   Penticton   at 8 a. m.  and, returning leaving Medley at 4 p.m.  Phone 14, Penticton W. E. VVblbv  NOTICE  TRY THE  Hedley Gazette  for  Fine Job Printing  SIMIIJvAMEEN LAND DISTRICT  DISTRIUT OK YALK  -TTAKE Notice That I, Sam Danofl', of Nelson,  ���������*���������    B.C.,   occupation   Merchant,   intends to  apply for permission to purchase tho following  described lands:���������  Commencing at a post planted about 10 feet  in a northerly direction from the North-West  corner of Sec. 22, Tp. lift, being the initial post  south-west corner ; thonee north 10 chains ;  thence east, 40 chains; thenco south 10 chains;  thence west 10 chains to point of commencement and containing 160 acros more or less.  Sam. Danoff.  Dec. J3th, 1912. fll-.TO  *S#  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  Of What   Keremeos   Fruit  Lands   Have  Done for Early Purchasers  is Now Here  This year the trees in bearing will give an  output which although showing handsome profit  on the original investment, is only a mild suggestion of.the profit to be realized with a larger  market. - -  We   offer no  REMEMBER  land but what has  the  ready on it  water al-      ������  Fruit  Lots of any size to suit your means;  at $175, 215 and 350 per acre.     Town Lots.  Keremeos Land Co., Ltd.  KEREMEOS, B. C.  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ���������������  ���������������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  ������  F^ R U I X    T R E E S  Buy Healthy Home Grow/n Trees  No Danger of Importing Pests       No Injury from Fumigation  No Drying Out in Course of Shipment  Protect Yourself Toy Buying Our 'Tr&ets  Write for catalogue and Price List to  TUB   RIVERSIDE   NURSERIES  Dept. B. GRAND FORKS, B.C.  Established in 1900 125 ACRES  Representatiue-V. Dynes, Penticton  N. B.���������We have  Dwarf stock in���������Mcintosh Red, Wealthy, Jonathan, Cox's  Orange, Ontario, Northern Spy and Wagener.  YOU WANT THE, BEST  IT ALWAYS PAYS BEST  There are Two Kinds of Printing  The one is turned out by the man who believes that  anything goes, but the other by the one who values  the reputation of his establishment too highly to  .. allow any work to go out which will not do him  credit-  There is just as good work being done in country  offices as in the cities, and often as poor work in the cities  as in the worst country shops  In Prices the country office can do just as well for  you and you save tho express. The city printer may get  his stock a trifle cheaper by saving the local freight, but  his rent and other overhead expenses are higher, and in  the end he is obliged to charge as much or more than the  country printer will charge for the same class of work.  THE   HLDL&y  GAZETTE  is prepared to  do any kind of work that may come along.  No order too small and none too large.

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