. Proved.

in

THE OMINECA MINER, SATURDAY, JANUARY 2 1018

aa

=

‘UNION BANK SHOWS
GOOD PROGRESS IN
PAST FISCAL YEAR

Winnipeg, Jan. 21:~- The re-
port of the Union Bank of Cana-
da for 1917 shows that the re-
markable rate of growth achieved
during the two previous yeurs
was not only maintained in 1917
but netually increaged,

The assets of the hank exceed
the sam of $143,000,000, un in-
crease of over 3l per cent over
1916. The three war years have
seen the expansion of this bank’s
business from 813 millions to 143

_millions, While .a marked
growth of banking assets has
been a feature of the econo-
mic developments of the war,the
Union Bank has apparently suc-
ceeded in capturing more than
its share of the increase,

The bank’s liabilities to the
public are about $135,000,000,and
practically all classes of them
show a steady inere se. The
most notable feature is the vol-
ume of note circulation, which
has reached a figure in excess of
2% times the paid-up capital,
The “excess issue’, over and
above the capital, is fully cover-

ed by -the deposit of gold’ and
Doiinion notes in the. central
gold reserve. This note circula-
tion is doubtless due in the main|

_ to the heavy demand for curren--

cy in Western Canada, where the

Union Rank is partieularty strong, |:

Profits are «considerably. im-
Throughout the war
the Union Bank has been uble to
‘maintain its dividend and bonus
(totalling 9 per cent) ‘and to
make all necessary provision for
depreciation out of its~eurrent
earnings, The earnings this year

were $763,463, of which $225,000.

was Yequiired for taxes, donations,
‘pension fund and contingent ae-
counts,’ ° After payment of the

down bank premises by $75,000,
the remainder was left in the
profit balance.

The balance sheet is strong in
‘liquid assets, which total $77,-
000,000, or about 57 per cent of
the public liabilities. Much of
these liquid assets is in a form
‘culculated to bé of service to the
the financing of the Dominion
and Empire. They include $19,-
500,000 of Dominion notes, $9,-
361, 000 of Dominion and provin-
clal securities, and $16,244, 000 vf
other public and municipal -se-
curities,

At the annual meeting, Mr.

B.C., was elected to the board of
directors. This is the first time
this institution has elected a
director west of the Rockies aud

be devoted to trade conditions on
the coast.

MRS. SMITH ELECTED
TO LEGISLATURE

One. Independent, One Conservative,
- and One Socialist Get Seats

Vancouver, Jan, 26:—The by-
elections to fill the four vacant
seats’ in the provincial house
resulted as follows:
VANCOUVER- 5 6 .
Mrs. R. Smith (Ind.) ~ 10,220
Sergt. Drinnan (Soldier) 6,705
Pte, Young (Ind, Soldier) 540
NEWCASTLE —
Hawthornth waite (Soe.) elect-
ed by 450° majority, == t
ALBERNI— a

In doubt, Conservative: lead-
ing. sO
SIMILKAMEEN— | \

’ McKenzie (Con.) elected by a
majority of 222 over E. W. Muteh
(Lib, Jews

Food Controller Resigns
Ottawa; Jan. 25:—W. J. Han-
na, food controller, has resigned,
He will be succeeded by H. B.

‘dividend and ‘bonus and writing

Thomson, of —

"95 Miles
| gq To Hazelton

One gallon of gasoline’.
: |. has done it 34

. "gasoline | is.a frequent. occur- -
_ ‘rence with the Ford car.
"man (name on request) reports: ~
an average of 38 miles per gal-
lon. for 20, 000 mites, ~
this is a record that few, if
any other makes of tars, . ever. 7
. equalled.

of owning and driving a Ford,

- You’ can average 1000 miles.
' (0 - moire travel on Ford: gize ifres:
the suiving on ail and repairs | is, proportionately large.
Thame “Ford” stands’ for, lowest cost. and greatests ser vice. Nee

= ‘Ford. Motor: Gr o.

“mien | ONE IVERSAL AR nAZELTON, B.C

36 to 68 per
cent more
“mileage

90. to 25 miles toa ‘gallon of.

One ;

‘Surely |
It demonstrates the ¢ économy ;

“the:

of Canada, zi Ltd, :
RD. ONTAL

8. Sane nt, Lt

W. A. Malkin,- of Vancouver, |

the action is regarded as an in-|
‘| dication that closer-attention will

wR.

eluved..

Wallis, Conser‘vative,

MILD

But His Conditions Stil Bear the
“Made in Germany” -
Trademark

=

Berlin, Jan. 26:—Imperial chan-
eellor Von Hertling,in his speech
before the reichstag, ‘said the
question of limitation ‘of arma-
ménts was quite open to ciseus-
sion, and added that the financial
position of all Buropean countries
‘after the war would probably
operate most effectively for the
solution of this problem.

There is no différence, he suid,
between Germany and President
Wilson regarding the freedom of| -
the seas,’ and added- that the
thorough freedom of navigation
durihg times of war as well as
peace was one of Germany’s main
demands, it being eminently im-
portant for future free navigation
that England shoiid be made to
relinquish her strongly-fortified
positions on ifiternational sailing
routes, such as Gibraltar, Aden,
Hong Kong: and the F Pallsland Is-
lands,

He contended that Alsace- Loi
raine was almost purely German
territory, whieh had been, sever-
ed from Germany by violence,
When Germany, in 1870, claimed

‘from ner, it'was not the conquest |»
of alien ter ritory,”’ the chancellor
declared, ‘but what | today is
called disannexation.””

The chancellor said’ the evacua-
tion of Russian territory: ‘was Ja
question which concerned ‘Russia’ -
and the central powers only. He
also demanded that. the’ leaders
of the nations atavar with Ger-|

‘were unsatisfactory y.

-

MORE RIOTSIN. |

BERLIN REPORTED ....

- Amsterdam, Jan. 26:~Severe
rivling on Wednesday and’Thurs-
day in Berlin wag reported i in des-
palchea reaching here’ today.

One-report asserted that mobs

demanding, peace... vos

‘usual, *

vn

- Russians Fight Ally mice
London, Jan. 26: Hut fighting

Roumatian forees is in, progréss

4g cut. off, despatches. received
hre , ‘today: ‘from’ Petrograd e-

mat

ers dain: .

VON HERTLING IS |"
A LITTE MORE |,

: Notes: $ from the Lake’ Town .
: — | ficiary: under the latters’s will

_| Smithers 3 this week.

that land * ‘thus criminally’ wrang|. ¢

many set forth. new - proposals. ae
‘The terms outlined - by: “Wilson latte
and Lloyd George coiitained ‘eer- |:
‘ Ttain principles decaptable to Ger-|E-
many, but the eonérete proposais

DURING WEEK|2-

were collecting in the streets and Zz
’ [tis tegarded as of. great” sig: i=

nificance that Tharsday's papers| ~~
had. hot. b atrived from Berlin’ as | §

between Bolshevik”. “troops : and |

and. communication! (between “Pet= |”
Yopiad' ‘and the: Houmahian front! E :.

BURNS LAKE “|

Earl Ga; .mon,- ot Bur ns Lake
Fish & Cold Storage Co., inter-
viewed. “Judge”? Robertson at

* x *

Mrs. Frank Keefe and Miss
Gladys Keefe, of Francois Lake,
have been the guests of Mrs.
Nuckles for the weekend. ©

* % x

Geo: MacKenzie is disposing of
his merchandise faster: than the
G. T, P. can‘handle it.

~~ a *. *

Ootsa, after a successful visit. to

the medical examiner at Prince

Rupert, ~
rat * ow *

. Burns Lake is gloomy. after
the departure of Misses Connie
aud Mabel Johnson, “who bad
been visiting Mrs. Mulvaney
since the holidays. ~

a ae

Robert. -Gerow’s new store,

*

larecat in the interior, is rapidly
nearing completion, : - :

“The Officer: Commanding, 6th
Field Company, Canadian En-
gineere, North Vancouver, B.C.,
has received | instructions to re-
cruit 500 men of the following |.
trades: Ba

Carpenters *

‘Plumbers.

Blacksmiths. - —
“and Tunnelers |

Tradesmen and ‘mechanics

" Brleklayers: ;
_ Tinsmiths
Miners ..

army.
class (Class. A). ‘can be taken.
The; number is limited,. ‘gO early
application i is necessary. °
Write or apply. itectuitiig Office

North. Vancouver, BG

3ecil Bennett is on his way ‘to ’

which promises to be one ofthe! .-

should nat miss this opportunity |
to join: a* skilled branch of the];
.Men drafted in the: first '

‘Hastings iand: - -Honier * ‘Streets,
‘Vancouver, 'B,C., or. Drill ‘Hall, j

~ London, ‘Jan. 24: — Viscount

ay Brome, nephew. of Lord Kitchen-

er of: Khartoum and. chief béene-
and heir to the title, who was in.

Raglan | which. ‘Was, sunk in ‘the »

jnaval engagement in. which’ the ©
fortner German eruiser Breslau,’

afterwards . bought by Turkey
and renamed the Midullu, was
sunk, is now: reported saved, His .
fate had- been i in doubt,

Otrhriehinhbdnai t

‘DEN TISTRY -

Dn Badgeto,. Smithers. -

i . of 7 i \ . a woe
Haze ton ospitall ess.
torch, pa fom one month dpward a 5 pe

in the heapital. Ticket obtainable in Haxeltsn
at the Post Office or the Drug Store: in Aldérmern
from Mr.'T. J, Thorp: in Talkwa from Dr. Wallac;;'

or by mail from the Medical Superintendent ative
Hoapitat..,

Now Open. “Under New Managowen

~ Omineca Hotel.
_ HAZELTON, B, -C.
Remodeled, Refurnished, Redecorated

” Every ‘provision for the com-
’ fort of Ladies and Gentlemen

Welling and Smoking: Lounge - With Lary ee
Fireplace

Commadions ‘Sample Room Well Lighted aod
Heated =.

Meais of Highest Qualily- “While Cock :
Speclaf Sunday Dinner, at 6 p.m, $1.00

» James G:; Powell.
Proviacial Assayer,
. Chemis

-
_ New Hazelton, B. Cc.

3

. ty Our x
Heal Cod Liver Oil
; . Emulsion
For Coins and. Colds

Tesopae Dies Za

azel ton.

Sean

i oko Sheets teeta narrieteietdrin

LNADIAN' “PACIFIC © RALWAy

. bo Vancouver,

+ Lowent rates Prince Rupert to all Eastern Poinis; via ‘stean ner +t 7
-and Canadian Pacific Railway. xa
~Meals rand, Berth included-on- Steamér, .* >

FOR. VANCOUVER; VICTORIA AND SEATTLE. 4

"Princesa Sophia”
i Reb. 2nd, 16th; March 2nd,

: . oa

‘J. E. Peters,
strcpap

Hap paqopur
ey eee

Bails from ‘Prineé Rupert Dee,.

Prince “Rupert 9‘ am, Ded 17, 274, fan..7,-17, 88, Fe
RF. Above. sailings a are subject: to: change orcancellation ‘withoiitnoties ”

General Agent, Srd.Ave. & 4th St, Ptince Ropert,. B.C..- Zz

22nd: Jan. Sth; -

8.3, 44 Rona falls from, ;

rincess Ro

IF errr reer rere + m

it i ib hk

by 30 votes,

or a

on

vy

S
-.
on
Te:
ei 3
se
o.
a
S.
ae
se
~~
“EB.
ee
ie
|
2A.

“Fresh. aides

PTET YIN

“4

of . oa

command ‘of the British monitor |

siltation: and medicines, as well as all costa while. -

atl

woe

'

ra

“treat mo

sah wtih ;

ue i viniibiimenninietieaiientenmne El 7 .

rT

~~