ROSSLAND EVENING RECORD, NOVEMBER 23, 1899. THE ROSSLAND RECORD. WILLIAM K, ESLING. ‘Tu OupesT DAILY IN THE INTERIOR. PUBLISHED DAILY BXOBPT SUNDAY. BASEMENT POSTOFFICE BLOCK. TEL. 98 P.O. BOX 538. OFFICE: SUBSCRIPTION RATES? Daily, per month by mail. . Duily, half year by mail Daily, per Daily. per Advertising rates will be made known upon ‘application. ‘The RECORD reaches the people. __ => THURSDAY, NOVEMBER 23, 1899. TO ADVERTISERS. New reading matter makes your advertisement attractive. We will gladly change your tad” every issue if copy is presented before 10 a.m. THE GROWING TIME. leabl. One of the most un LOOKING INTERESTED we are glad.we have caught your eyes, hoping to ‘ CATCH = ur interest. We have some beauti- ul, fine stationery to show, Yo ‘The same old beauty inone way, forwe AL show the BEST, but yet anew beauty because our paper—niuch of it—Is IN NEW shapes, tints and designs. Let us fit- Your writing desk with the proper signs of a growing time is ‘the culation of Dominion notes, that is, the government one- and two-dolla THINGS. fc. WALLACE. 8 notes. From a statement prepared by the finance department the fol- lowing will show the increase which has taken place for the month of October since 1894: October, October, October, October, October, «2 +6 $7,031,368 + 71295368 + 7583,712 + 71940520 . 8,612,602 October, 9,421,885 It will, therefore, be seen that the circulation for October last was $809,283 greater than for October n the previous year,and $2,400,000 greater than‘in 1894. The trade figures ‘for the first quarter of the present fiscal year also show another satisfactory evi- dence of the prosperity of the coun- try. The aggregate trade, of the country in that time has increased by over $12,000,000, and the reye- nue’ by over $1,000,000, as com- pared with the first quarter in 1898, which was also a record breaker. For October alone the increase in revenue from customs was -over $500,000. The increase in the ex- ports of animals and theic produce for the four months was over» $6,- 000,000, as compared with the same time last year. _————— ANGLO-SAXON UNITY. Notwithstanding some things which are open to a different con- struction, there is undoubtedly a very strong movement on foot looking towards unity of action between the British empire and the United States in matters of foreign policy, says the Victoria. Times. For some time our neighbors were under the impression: that they could afford to do without even the sympathy of Great Britain, ‘and Washington’s caution. against en- tangling alliances has been cited over and over again as though it were the very acme of human wis- that led to the war with Spain. Un- oubtedly the destruction of the Maine was the immediate cause for the ‘outburst of popular indigoa- tion, but the country was drifting toward hostilities with Spain for several years and the crisis would have'only been postponed if nothing had happened to the Maine. The war completely altered the relations ot the United States to foreign na- tions, and for the first time showed the people of that country that they have interests which almost compel them:to- be on friendly terms with us. . . avTHe lesson has not been thor- ‘oughlylearned as yet, because it takes’some time.to overcome preju- dices ‘that have been inculcated by thé Schools of the country, but the good.work is going on, and our neighbors are beginning very gen- erally. to recognize that there is only-one nation in. the world that is or can be their true friend, and that nation is ours. ° Nothing is now in progress which makes them need our ‘active assistance or us need theirs. But -each nation’ feels the stronger ‘for the consciousness of the other’s sympathy. If the time e comes when more than mere sy! pathy'is needed, it will be fo coming. : BUYING MINING STOCKS. It is an exceedingly difficult mat- ter to foretell just what any mining stock will be worth with develop- ment. Ninety-nine companies out of a hundred which are organized own property in the stage of, devel- opment. ‘While a great many ‘of them have little merit, a good per- centage of them prove to be large. mines. And yet if they were capi- talized on’a basis of the actual sell- ing value at the time the’ company was organized it would often mean itali: ot not more than dom. But times.has changed since the father of his country laid down the cares of state, and those’ who guide the destinies of the republic at the close of the nineteenth. cen- tury have a very different proposit- tion to deal with to that which was foremost in the closing years of the eighteenth. The people who have almost deified Dewey have not much in sympathy with the policy favored by Washington. From the standpoint of his own times Washington must be pro- nounced wise. lic had sufficient to do in consoli- dating itself without mixing up in the affars of other countries. This work of consolidation was not completed until the result of the war of secession demonstrated that the union was one and indivisible. Following this came the great per. The young repub- | acap $25,000 to $75,000. Probably of the really. good-showing prospective properties put on the market the cash cost to the company will not average ‘to exceed $50,000, "says the Seattle Post-Intelligencer. Now, ifa ay should capitalize. at $50,000 aiid ‘it’ takes $150,000 ‘to open the properties. :up, which amount is oftener uséd than the in- vesting public realizes, then ‘the capitalization would have to be $200,000—$50,000 to’ pay for the properties and $150,000 for devel- opment work. work, and yet the stock might pay more than par per share in dividents each year after the property was opened up and the steck be readily worth ten-fold the par value. The amount. set aside is, pre- sumed to be based on the. needs of jod of the western d P and it came obvious to all thought- ful observers that, when the great work involved in this had reached a point, at which large schemes in- volving the opening of new territor- ies would no ‘longer be possible, some new field for the enegery of the nation would have to be dis- coverd. The need of it has already been shown in congress, which for sev- eral years evinced a restless desire to interfere in the affairs of other countries. the y for funds for, develop- ment purposes, . and .is, also pre- sumed to take into consideration the actual cost of the property tothe promoters in relation to the amount of capital needed for development. The custom with the more conser- vative concerns is to organize at from one to two million. dollars, place a certain portion of their stock in the treasury, have engineers make an estimate of what it will | cost to open their property up and set a price on their stock so that It was this restlessness | when it is sold it will cover that cost, and-also leave a margiv for emergencie-. In some cases the estimate of the amount required may have been too small, say $25.7 | eo or $30,000, and the stock put on the market at a proportionate ratio. In other cases it may take! trom $100,000 to $200,000 tu devel- op the properties and equip them with the necessary machinery and reduction -works, and the stock would be proportionately higher; the higher priced stack being prob- ably the cheapest in the long run, as it probably represented a much. better property. The question of capitalization does not’ cut much figure. The main question for the investor is as to whether the stock would be a good buy at the price asked, whether it.be a good buy at § cents, “10 ‘cents, 20 cents, or whatever price is asked for it. The price asked cuts very little figure. If it b¢ $1 a share and 100 shares will pay $20 per year in div- idends, then the stock is a good buy at $1 per share. It it takes 1000 shares to earn $20 per year in divi- dends, then the stock is a good buy at 10 cents per share, The first, thing for a buyer to find out is whether the property which is rep- resented by the stock has intrinsic value value back of it, whether the property itself. is worth the t We are receiving new goods daily. A shipment of. Blankets, Comforters, — Overalls‘and Jumpers tesa hand We are filling our stock up as rapidly as possible * by telegraph and‘express... Our present stock of CLOTHING, SHIRTS, DRAWERS, OUTING FLANNELS and all lines of Staple and Fancy Dry Goods are exceptional value. HOLSTEAD & WRIGHT: FIBST AVE., AND WASHINGTONST. of money represented by the selling price of the stock. Next, whether it is in the hands of practical mining men of integrity; men who know how to open the property, and how to work it to the best advantage when it is opened. . With these two conditions all right, the chances are the third condition, as’ -to whether the stock: is too high or- not, would be amply covered. And it would be of very little conse- quence to the buyer whether the company is capitalized at $100,000 or $200,000, He would have to invest the same amount of money to secure the same amount of re- turns, ; —— It 1s evident that Joe Martin ‘is again at work inflating another .lit-" tle boom.’ The ex-attorney geueral seemingly has has his eye on the main chance. The Toronto Tele- gram publishes a special letter from Victoria in which it says that since the war in South Africa began, pro- incial politics have taken’ a much- needed rest, and the public: do not seem to bea bit the worse for the change. Joseph Martin, hearing that his old friend and admirer, Clif- ford Sifton, had landed in the Vicini- ty of Winnipeg, packed a hasty grip and sought the Caudine Forks of the Red and the Assiniboine, primed with. speeches of welcome, etc. And Joseph appears to ‘have hit Winnipeg much after the fashion of a lyddite shell, filling the air with political memories and dismembered limbs of reputations yesterday-night in the enjoyment of tolefably sound health. et Wood dealers have come to real-: ize that they are at last appreciated. Instead of abuse about poor wood and insinuations of short measure- ment they are besiged by a public willing to take anything that will burn. ‘The coal agents cannot meet the demands and there is little hopefof a'good supply of fuel until snow comes to open some of the winter roads to the wood. sections. . Nelson is even worse off in this .re- spect than Rossland. —_———— One or two property holders on Washington street have set a good’ ple by the | suction, of gut= ters for surface drainage... If this step were followed in future’ strect’ improvements, much of the discom- fort and unhealthy condition arising frows the present abundance of mud would be done away with, The ex- pense is trivial compared with the lasting good resulting from such an improvement. . ur —_ Going to the depot? Phone -6, Montana stables, for a gurney. Transter. of Liquor License. Notice is hereby given that at the next sitting of the bourd of license commission~ ers for the city of Rossland. an apphication wilt be made for a transfer of the license now held by Hector McPherson, for the Bodegn hotel, situated on lot 20, block 41, city of Rossland, to Ely Lavalley. Dated this 23d day of October, 1899. Hector McPHERSOS, Eu Lavatrer. The Arlington: — THE LEADING HOTEL AT TRAIL: <*>" Headquarters for Commer: cial Men....Splendid Sample Rooms. UNEXCELLED TABLE. Joun Haverty, Proprietor. P. BURNS & CO. WHOLESALE MARKETS Nelson, Sandon, Revelstoke, Grand Forks, and Vancouver. Rossland, Greenwood, : ,—————— RETAIL MARKETS Trail, Nelson, Ymir, Kaslo, Sandon} | New.. Silverton, Cascade City, Grand Forks, " Phoenix, Midway; ‘Camp McKinney, Revelstoke Ferguson, and Vancouver. ——— Rossland, Denver, Greenwood, William Donald, Mgr., Rossland Branch. | _ CUNLIFFE & ABLETT, ENGINEERS AND MACHINISTS. All classes of Repairs and Construction Work Undertaken. Ore Cars, Wheels and Axles, Buckets, Fans, Shatting, Hangers and Pullers. Pipe work a specialty. Norte Gore kept in stock. Agents for Wm. Hamilton 3 Co.'s Mills, Concentrators, Etc. ‘Third Avenue, Rossland. . . QUICK WORK (sane: a Red Star Storage & Transfer © - Bagcage delivered prom: BP. 0. Box 198. . Light an + short ‘notice. e ris! ROSS: THOMPSON.... I have the following blocks in the Tollowing companies for ‘sale: ” Eureka C lidated, Gopher, stak Evening Star, Silverine, R.E. Lee, Bodie, Eureka, North Star and ZilaM Lots in the Original Townsite Reddin. Jack Co., A B.C . Katie D. Green G. M. ‘ and D. Co., Ltd. > NON-PERSONAL LIABILITY. So Property situated on North ‘Fork Salmon River, Erie District, B.C. FOR DEVELOPMENT PURPOSES, ONLY. ’ Fifty thousand shares of the Company's Treasury Stock is now offered to the public at : 7 1-2 Cents per Share, and can bé had on application to 22 Columbia Aveuue, © GEORGE H. GREEN, Rossland, B. v. Sec-Treasurer. LLNS dl NAPALI ~ Set ‘ oughton’s 4 Exchange Auction Mart We have for sale, Hoots, Shoes, -Rubbers, Gloves Mitts, Underwear, Overshirts;:Boéks, Watches, arid ail kinds of Notions. Special sale for a few days at a sacrifice. Some first classs Albums, Nothing Cheap but the Price. “ c. PL R. Block. Houghton’s Exchange Auction Mart. a | AN m Mh a Artistic Printing “B appeals....to.... the , Thig department ‘of the “Evening Record’ has the yo Most«Gompletely J in Rossland. Su © ig m ry a AN m m mR m © m mM m a FY a m mM a a mM ry m mn ry MR perior....... Stock, nm? a a ma m a a A ma a a m ry mn A Quick Work, and = Basement +2" ““gstoftice -Bullding. Neat Execution. a MR m . pees ary POS AND EVENING RECORD, NOVEMBER 23, 13UY- . i A STOCKS ARE HICH General. Upward Tendency in the Standard Shares, GIANT BRINGS 9 1-2 CENTS Stock Is Firm and Hard to Get at That Fig- ure—Oanadian Gold Fields Goes Up to 9 Oonte—Katie D. Green Coming Into De- mand. ‘ Prices were distinctly firm this morning.on the stock exchange. Giant held’ its place'as a prime favorite, and ‘sold as high as 9 1-2c, It is. now hard to get at less than_ that figure. .The total trading in it was 30,000 shares, The move in I; X. L. continued and the stock’ went upto 18c. Most of the dealing -however was at 17 1-2c. The I. X. L. manage- ment claims. to have $75,000, worth of ore already blocked out. Canadian Gold Fields is holding up well, although trading in it is limited..-A block of 5000 . shares this morning commanded gc. Winnipeg is weaker, ‘and sold at 2c under its previous quotations. It closed: with 29c asked. Katie D. Green is coming into demand anda block of gooo changed hands this morning at 7 1-2c, Oka- nogan is stronger. The other standard buys were steady. Total sales were-79,500 shares. Wonsland Sales. Today’s sales on, the Rossland exchange were: I. X. L.,, 1000, ,18c, 5000, 1500, 1734c, 2000, 17¢, 1090, 17%; Giant, 1500, THe, “2000, 8c, gooo, 834c, 3000, 5000, : é “gc, 2500, 1000, 9}4c, 1000, gsc, 1000, gC, 1000, 1000, 834c; Tama- rac, 500, 1000, 9}4c, 1000, 9% Lone Pine, 500, 22¢; Katie D. Green, gooo, 7%c; Deer Park, 2500, 3¢; Jumbo, 1000, 24¢; King, 1000, 1000, 2934c; White Bear, Ji10,000, 33463 Canadian Gold Fields, | 3000, gc; Okanogan, 3900, roc; | “Winnipeg; 2000, 3034¢,' 500, 2974, 500, 29c; Evening Star, 500, The ASKED BID Athabasca . 36 33 Crow's Nest Dardanelles . hs 909 de Se 22.88 8H a8 ee BBxnkoNSSw8 oa smuggler .. Pamuarac {Kenneth}. Creek Hid. Treas y rfl ‘ar Eagle Consolidated jear. First-class dressmaking at Eagle’s ——EEEEe Rhodes and the Ladies. Itis said by those who know Cecil Rhodes, the South African ‘magnate, that he has a great aver- sion ‘to the’ opposite-sex, relates the New York Herald. They say that while on a recent visit to London he dined at the house of the Baroness Burdett-Coutts, and later, when he was discussing the affair with his secretary, the latter asked: ‘And whom did you take in to dinner?” “Oh, I don’t know. Some Lady Somebody,” was the reply. “But what did you call her?” “Didn't call her anything. Never spoke to her.” EE et Smily Concert Company: * Don’t fail to hear Owen A. Smily in Miner’s Union hall, Nov. 28 and 29. Smily is well known in Canada and has been follawed by unstinted praise whever he has been. He is accompanied by two of the star lady singers of Toronto Tickets at Pacific Tea store. Reserved seats and plan of hall at Goodeve's. cents, Tickets 50 cents, reserved seats 75 More's a Sump. ARN A five-eroomed house, plastered and nicely finished, in desirable location. “The price is $1350, with $350 cash; $300 in say six months, and the balance at the rate of $10 per month. Apply at this office. v, NOTICE. Notice is hereby given that a i f the di Was A. E. Taylor, accountant of the Bank of Montreal at New: Denver, and Miss Ada Davidson of Halifax, were married on Tuesday by the Rev. Robert Frew at Nelson. To Cure a Cold In One Day Take Laxative Bromine Quinine Tablets. All druggists refund the money if it fails to cure. 25c. E. YY: Grove’s signature is on each OX. No, 331. ‘COMPANIES ACT, 1897. Certificate of the Re-Incorporation of “The Monday Mine, Limited.’ Capital, $1,250,000, ith ind fift Columbia. The time of the existence ofthe Company is fifty years. ‘The objects for which the Company has been established are:— {a] To purchase the “Monday” Mineral Claim, situate near the City of Rossland, in the Trail Creek Mining: ivision of West Kootenay District; and also to purchase. lease, bond, explore. locate or otherwise acquire aud prospect, work, operate, exer- cise, develop, deal in, hold and turn to uc- count any mineral claims, mineral lands, mines, propertiesand any real estate in the ol Prov tisn or aud to pay for the same either 1n money or fully paid-up shares of the Company, or partly in money and partly in such shares, or to sell, lease, or otherwise dispose ot the same, or any of them: ‘[bJ. To purchase, take on lease,exchange, hire or otherwise acquire any real or per- sonal property, and any rightsor privileges which the Company may think necessary for the purposes of its business: ce! ‘o raise, crush, win, get, quarry, smelt, calcine, ‘refine, dress, amalgamate, manipulate and pare for market ore, substances of a!l kinds, not, any metal! seem cond’ the Company, dealin any ore, metal a stances resulting fron, or to be obt the process of smelting, refining or manu facturing the same, and either free or in i with other .| said city of Rossland, accountant in d | trust for the benefit of his creditors. ° of James Wesley Lougheed will be held at the office of W. J. Whiteside, Esq., solicitor, Ritchie block, Columbia avenue, Rossland, B.'C.y on Satur- day, the 11th day of November, at the hour of 4 o’clock;in the after- noon, os + Dated at Rossland, B. C., the 23rd day of October, 1899. - . Epwarp Balu, Assignee. To reduce the stock, prices have beeu cut, $8.00 HATS AT $4,00. $6.00 HATS AT $3.50. and proportionate re- Guctions all around, NOTICE OF ASSIGNMENT. Pursuant to the Creditors Trust Deeds Act and Amending Acts. Notice ishereby given that James Wesley Lougheed, heretofore trad- ing under the firm name of W. J. ’ MILLINERY ! | JOHN PHILLIPS, Contractor & Carpenter: © Store antl Office Fittings. Jobbing of nil kinds premptly attended to. Estimates Furnish Roit & Grogan, Mines, Stocks and Insurance. Representing the following FIRE INSURANCE Companies: Caledonian, Lancashire, Connecticut of Hartford Imperial. Shop: Imperial building, Kesidence, Monte Cristo St , Sth house norin of Cot= umbia avenue. P. O. Box 676. GRAND UNION | «HOTEL... GEO. H. GREEN, PROPRIETOR. A. G. Creelman. P.O, Box 316. CREELMAN & BEAM. Neatly Furnished CONTRACTORS & feet BUILDERS. Estimates fnrnished on all_ hinds of work. From $4.00 10. J nl nm al inde of work. Jobbing promptly attended to First-Class Bar Office and shop: Commercial court, in connection. George Beam RATES FROM $1.00 to $1.50 PBR DAY rear Albanibra hotel. Telephone No. 58. 22 Columbia Avenue. KOSSLAND, B.C. Four doors east of post office. Lougheed & Co.as a tailor of the city of Rossland, B.C.,has by deed dated the 2oth day of October, 1899, as- GFA NITE! GRANITE! ootetay.. signed all his personal estate,credits and effects which may be seized and sold under execution, and all his real estate, to Edward Baillie of the The said deed was executed by the said James Wesley Lougheed and the said Edward Baillie on the zoth day of October, 1899. All persons having claims against the said James Wesley Lougheed are required on or before the 2oth day of December, 1899, to send to the trustees full particulars of the same duly’ verified, together with the par- ticulars of the security (if any) held by them. Notice is hereby further given that after the said 20th day of December, 1899, the trustee. will proceed to distribute the proceeds of the trust estate amongst the par- ties entitled thereto, having regard only to the claims of which he has received notice, and that-he will not be liable for the proceeds of the trust estate or any part thereof so distributed to any person of whose claim he has not had notice at the time of the distribution. Dated at Rossland, B. 23rd day of October, 1889. Epwarp BalLuig, Assignee. Headquarters For the Celebrated Cowe's Yachting Serge, RRR at PE C. E. Heard’s Tailoring Parlors, at 15 Washington Street. . ok Pere C., the CLASSIFIED. Hotel--wy ere~s First-Class Business Lunch 35 Cents. Oysters.in any. style, a Specialty. Game in Season. en0ox