THE DAILY NEWS ——$—- —_ one for Covers. SUBSCRIPTION RATES—To Canada, United States and Mexico;|CREOITORS AND SHAREHOLDERS wen COURT TO WIND oe Daily, 50c per month, or $5.00 per year, in advance. Weekly UP AFFAIRS ~~ sia . One of the most remarkable $2.00 per year. All Other Countries: Daily, $8.00 per year. men connected with the publish Weekly, $2.50 per year, strictly in advance. ing business in England is about —_— » _ N to retire in the person of Henry TRANSIENT DISPLAY ADVERTISING Peendn. Che tse Uaistnchtae vedre rates on application. . THE DAILY NEWS THE LEADING NEWSPAPER IN NORTHERN BRITISH COLUMBIA Published Daily and Weekly by THE PRINCE RUPERT PUBLISHING CO. LTD., PRINCE RUPERT, B.C. ATOM Double Weekly Service ae LS TO THE SOUTH ve by the splendid steamers ASUBEM prINCE RUPERT and PRINCE céoRGy Leave Prince Rupert for Vancouver, Victoria an Mondays and Fridays at O A aa For Stewart on Thursdays at 8AM For Granby Bay on Sundays at Steamers Prince John and Maintain Weekly Service Between Victoria, va Queen Charlotte Islands, Calling at Way Port Le bound Saturdays at 8 P. M., Commencing Ay 12. South. Masset and Naden Marbor, leaving Prince Ruy q ‘ " Commencing Apr ASU BALL System Skins of Hundred Thousand Ani-| 4 Beattic op tures out and $1,000,000 of see ond debentures, The company is said to have been in financial diMficulties since last October, when Mr. TI, Hamilton Benn of London, England, got control on Vancouver, April 7.—Steps to consider the winding up and re organization of the Ocean Falls Co., Limited, the big lumber and pulp company which was floated in 1909 with an authorized capi SA.™m Prince Alber: -50 cents per inch, Contract has been London manager of the Oxford University Press, the old est printing concern with an un- HEAD OFFICE Daily News Building, Third Ave., Prince Rupert, B. C. New York—National Newspaper Bureau, 219 East Telephone 98. BRANCH OFFICES AND AGENCIES 23rd St., New York City. Seattie—Puget Sound News Co. tal of 86,000,000, are being taken today at a meeting of creditors and shareholders, which ing held in the company’s offices here. The meeting follows an appli- cation by the Grane Co., of Van- is be behalf of the English sharehold by paying 8150,000, which was applied to a portion of the claims. More reecently-——on March 19 of this year—the debenture holders came into possession ers I ganization are world-wide, is well its woken history in England, The activities of this venerable or and it trade that practically known in the retiring manager nade the Oxford University Press Train No, 2, for New Hazelton, leave Orand Canada and United States Por all information, tickets, res: General Agént. Agency all Atlant @. T. P. RAILWAY PASGENGER SERVice and Saturda Trunk Railway System from Chicae Unequalled ser rv te Prine Ruy 10 4 at ‘ amehip | A. EB. me MASTER F London, England—The Clougher Syndicate, Grand Trunk Building, |e ouyer and Chicago, wholesale Sneeeures Creditors’ Claims. | as it exists today. ——_ Trafalgar Square steamfitting supply merchants, rhe unsecured creditors have], When Frowde joined the press Li ; pies Secs —_____fitor a compulsory winding up or-| total claims for $320,000, the} in 1874, its output of Bibles wast) ge COAST STEAMSHIP SERVICE || ttle’s NEWS es — oe E edi le der. Against this a scheme of largest unsecured creditor being|less than a million a year; since = CC) DAILY EDITION Thursday, April 10, 1913. reconsirestion ies been put for- the Molsons Bank witht a claimj|that time it has published and | Magazines Periodical, Newnes a rr ward by the directors of the com.|for $84,000, Other principal/distributed over 40,000,000 of FAMOUS SAFETY CIGARS POBACCY he WHAT SHIPBUILDING yany “to reorganize under the|creditors are: Lester W. David,| them, besides thousands of other | 2nd A ra PRUIM ARE AUSTRALIANS earn of the onal Falls Mills} 835,000; Crane Company, $21,- | works The skins of 100,000 PRINCESS pe Lee | SPEED ve. Below Kalen Island Oiy SUPERIOR TO US? yn worw wour. Co with a capital of 3.000.000. 000; Swift Canadian Co., $13,-/animals are used every year for 1A) ® It is continually evident that Some interesting figures re- her Gre asking the creditors to}900; R. W. Winch Co., $14,500; the covers of Oxford Bibles alone, LINE Paiibwe SERVICE i _ the Australian idea of imperial} garding the cost of plants for} oonsent to accept 20 per cent. of] Mpire Manufacturing Co., $9,-)and 400,000 sheets of gold are pee ae Empress Bowling | defence runs on lines parallel a mad rae Bi con-|their claims in stock in the new mae waet a oe _ bee needed for gilt lettering eenhes mary Boutnbound, soe Fs . , Sir Wil- tained in the erlin corre-jeompany and the balance’ in 9 WOOG, VEHENCE U0., YE; ; cece unday, Apri Alleys \ ~ ve oe ee spondence to the London ciao at 6 per cent., due in one,| Clarke Bros. « Co., $9,000; » NEXT GOVERNOR OF ALASKA. |] princess 80 hig, Soxinvouns, 9 A, Mm. 6 — POOL ROOM re Sere es Times of March 10th last,Jtwo and three years. The meet-| Burns & Co., $8,100; W. H. Mal- reece : H. E. ROSS, Prep * nas / are determined that their own which makes it apparent that}ing this afternoon will consider| kin Co., $8,000; H, M. Mills, $6,- Juneau, Alaska, April 7 4. @. MONAB, General Agent Prince Rupert Employment rh waters shall be protected and Mr. Winston Churchill in his|the proposal, and also a proposal} 09. There is almost positive assur- os hire same Phone 264 have the idea that other por- famous secret memorandum|pby some of the creditors that the A committee of creditors, com-|4@nee In political circles here that ee | tions of the Empire should rd Stee tes wot wee eon Supreme ot : ™ province] posed of Mr. W. H. Malkin, Mr. ween ee ~ a so - ~| ‘ eal of imagination in his ef-|be petitioned under the Provin- - «a a : * we ; e ne overnor 0 aské —_ ye: eee fort to help the Canadian gov- sist Tismnaaiaies Act for an order res = a & 7 a oy ee ee UNION $5 COMPANY OF B.C Ltd Speaking at the Royal Co- ernment’'s programme. The}to compel the minority to abide lance & Co., and Mr. W. Thomp- ture. aT 77 C O A L lonial Institute at London on British first lord of the admir-|pby the decision of the majority.]80" of R. V. Winch & Co., have i ma . er | : : » not only said that Canada made a report on the company iis is a hustling age anc e } rte oe hee weer — suns een build or man battle- ee Saree Be for the dntheds The iaatains lunch counter habit will help The Twin Screw Steamer New Wellington Coal. Best on & Australian high commissioner, ships, but that “the cost of The Ocean Falls Company has Bank 5 many ss ! ther cred you to hurry through Const | expressed the opinion. that the} jaying down the plant aloneja pulp mill with a capacity of 150 ray Cae ae oF wae Gaer Snes none 99 ‘Phone 116 Rogers & Bad ’ time was not far distant when would at a rough estimate bejtons of dry pulp per day, and alitors are understood to be in The paper that prints the facts 6 ( 7 . Canada would have to under- £15,000,000. lumber mill with a capacity of]|favor of accepting the company s the Daily News. en re | take the defence of the North The Berlin correspondent of| 350,000 feet of lumber per ten offer of reorganization, but this ‘LINDSAY’ CARTAGE ang Pacific and North Atlantic, the London Times gives a re-jhours, the mills being valued at]is opposed by the Crane Co., Arrives from Vancouver Every STORAGE | while New Zealand and Aus- port of the Vulean Shipbuild-|#2,800,000 on the company’s bal- represented by Mr. W. A. _Mac- DEMAND aes | tralia guarded the Southern ing Company of Stettin andjance sheet. The concern has 80,.|donald, K. C., and Mr. C. 8. Ar- R R MOND: G. T. P. Transfer Ageats } Pacific, thus leaving England Hamburg, one of the largest|000 acres of timber leases with nold, the company's solicitor here. OYAL ESERVE nations TE oa | ans ie ‘eadimateaad am ie battleship building firms of] 3,000,000,000 feet of standing They claimed this morning in Wi Salle for Port Simpson, Naas River Points Qepicw uw i Rochester. Centr de } timber, 250 acres of water front-|argument before Mr. Justice Mur- HISKY. and Granby Bay Tuesdays, 8 a. m. . North Sea and guard her trade Germany. This shows that the : 2: rater ers -asuring t the application under routes, He declared that the} total share capital of this|age; water powers measuring|phy tha 8 —— Australian policy of having its company, which employs 12,-| 15,000 h.p., of which 12,000 h.p.|the Companies Act to compel the AGE YEARS own navy operating in conjunec- 000 workmen, is £750,000, and|{is in use, a large hotel, store and| minority to abide by the decision GUARANTEED BY Salle for Vancouver SMITH & MALLETT tion with the British admiralty that this capital was only in- houses at Ocean Falls, which are|of the majority is udéra vires, be- THE GOVERNMENT WEDNESDAYS, 2 P. mM. THIRD AVE must eventually be followed by creased to such an amount in said to have cost $150,000 to} ing concerned with matters ap- F ANADA Plumbing, Heating, Steamfitting ad all self-governing Dominions. 1909 when the company in-[build, and other assets. The] pertaining to bankruptey and in- ° ” Sheet Metal Work , : : a: ‘| stalled additional shipbuilding|principal movable assets are said|solvency which are only to be} |" ~- | RECOMMENDED FoR . Office: rd Ave Wortshg ae - - a “9 = yards at Hamburg. There|to be a fleet of boats and a log-|dealt with under the Dominion|| Genadéan| Tre INVALIO Rogers Steamship Agency Phone 174 2nd Ave. bet. Tth and iy siberal party of Canada. $1 seems to be a big gap between|#ing plant and equipment valued | statutes. THe Home soon as they return to power £750,000 which has equipped] at -#240,000, with a stock of logs, The provincial directors of the Tne CONNOISSEUR Phone 116 _ that is the self-respecting pol- one of the largest warship|/umber and pulp at the mill|company are Mr. A, B. Martin, THe Pusuiic icy to be pursued by the self- building firms of Germany and valued at $300,000, as well as|resident managing director at whe ealurel MY W ARDROBE Mr. Churchill's figure of £45,-|%59,000 of bills receivable. Ocean Falls, and Mr. A. E. Mill- want the besf. J. LEE, TAILOR governing Dominion. But as 000,000. The capital of the company is ington, managing director of the Ace, Purity long as Canada remains under given ¢ . rence 4 ; ; ; 0 en at 10,000 preference and| Vancouver office. Mr. J. W. Hel- 5 ESS Cleaning, Pressing and Repairing the retrogressive rule of the BORDEN MAY YET 50,000 ordinary shares of the|liweil of this city is the repre- ano MeLLoww eorgetown , : ; ; . : a 7 UNSURPASSED. Goott Buliding, Next to City tel combination Tory-Nationalist CHANGE HIS MIND value of $100 each. There are/sentative of Mr. J. Hamilton nent Gsaes 390 government nothing can be Why should not Mr. Borden 65,008, Bem. Haren af vet Geken- | Benn. eee ate —_ Prince Rupert Importing Co., Ltd Sawmill Co. Lid. |- looked for but a policy of trib- accept Mr. Churchill's invita-|"™ — aie oanieinees . ute, to send ships paid for by tion aan instead of insisting PRINCE RUPERT, B.C. ©. ©. STUART Canada, manned and main- upon his determination to con- = Lumber Accountant tained by Great Britain to be struct three capital ships for | 900 2nd Ave -_ Prone stationed in the North Sea, the Imperial Navy, build pro- TE [Auditor for the City of Princ: Rum leaving Canada bare of defence, and your perly balanced fleet units for ig Canadian manhood the protection of our own wat- | PRINCE RUPERT INN Mouldings } PRINCE RUPERT. B. © denied the opportunity of ers as originally suggested by training for naval service the British Admiralty and as . Alex. @. Manson, B. A. which it is compelled to pay proposed by Sir Wilfrid Laur- OPEN EVENINGS UNTIL 9 O CLOCK AND A large stock of dry finish- W. E. Williams, 6 A, LEE for. ier? ing lumber on hand. Boat WILLIAMS & MANSON Canadian Typewriter Exchange, Dept. 15, 319 Pender W., Vancouver, B.C. - “FROM HOME TO HOME.” HOTEL ELYSIUM Sid. Sykes, Manager The Finest, Newest and Most Up-to-date Hotel in Vancouver. “Excellent Cafe. Moderate Prices; Loans Loans Loans Loans Loans made during month December 31, 1912—Loans Table Showing the Wonderful Growth of the C-H-I-C in Less Than Twenty Months Loans made during month of Dec., 1941..... made during month of August, 1912... made during month of Nov., 1912..%.. 34,300.00 made during month of Dee., 1912..... 35,100.00 pending and in process of being made at December 31, 1912.. Loans made and pending December, 1912... .103,100.00 WORE 40 Cake, .osncccned See our Representative The Canadian Home Investment Company, Ltd. Local Office, Federal Bidg., Prince Rupert 4,000.00 17,000.00 22,000.00 of June, 1912.... oe oem ee tnesceges 68,000.00 made and in pro- heaaewinnees 0044 263,100.00 ANNEX | Grand Trunk Pacific Railway on the American and European plan. Exeellently furnished, with steam heat, electric light, and all modern conveniences, being abso- lumber a specialty. Delivery made at short notice. OFFICE: EMPRESS THEATRE BLDG. Cor. 6th St. and 2nd Ave. lutely first-class in every r t. Y The appointments and service are equal to any hotel on the coast. Rates: $1 to $3.50 per day. LUMBER COAL —end— Complete Line of BUILDERS’ SUPPLIES Barristers, Solicitors, Eu ee a ee Box 206 ee re All Loans Made Bear Oo ie Interest at the Our prices are as low as any. Helgerson Block : Prince Ruper, 66 SAVE $60-$75 ON YOUR TYPEWRITER Rate of Per J A sesiegesbensthesiedtnststianmmnenasiennaph Call on us before ordering. oi Rebuilt ty iters have same fin wear like and do ‘ 0 -_ cz work to brand new machines. teed one year. P. 0. BOX @ PRINC Send for price list. All makes in stock. First Loan made April 22, 1944........... & 500.00 Owned and operated by the JOHN E. DAVEY TEACHER OF SINGING Rae, Oe PUrtL OF WM, FOXON, BBG aan HAYNER BROS. LMS j 2 | UNDERTAKERS 4nd EMBA! : Funera! Directors | Ord Ave. near 6th ot Funeral Director and ot CHARGES REASONAB 1142 Pender Street West - - Vancouver, B.C. G. A. Sweet, Manager a | i es ; [|] WESTHOLME LUMBER CO., Limited | J 2¢ %: co" 2°48 sour fl Phone 186 | KEEP STILL Tut @ Give. You TRACK ‘7 GD) i419 - reri.~ Sxrio BAT: Dee