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\ in United BHRIAR, POF JORP «mumsmmmmmmmsines ESS .. ADVERTIBING RATES * % On application.â€" Advertising copy must reach the office not later than Monday noon to insure insertion. The Waterloo Council, after a close seruâ€" uuu(uummcd expenditures for the year, has fixed on a tax rate of 39 mills as necessary to provide for needed outlays by the various town bodies, the rate being an advance of oneâ€" half mill over the previous year. The advance in the rate was necessitated by the increase of $8,000 in the estimates of the K.â€"W. Collegiate Board, and the decision of the council to provide for about half of the overâ€" draft of $14,000 incurred as a result of overâ€" estimating the amount of the rebate to be reâ€" ceived from the county®in connection with the construction of the North King St. and the West Erb St. pavements, the check for their payment not being received until two years after they were laid. # In arriving at the rate of 39 mills we beâ€" lieve the council has endeavored to practice economy and at the same time make due proâ€" vision for the carryingâ€"on, in an efficient way, of the various public undertakings of the municipality. A large part of the amount to be made up is uncontrollable. For instance the Puble School and Collegiate Boards have only to make known their requirements and the council has no alternative but to provide the funds although naturally the Boards are as deâ€" sirous as any other body to keep their estimates down to the lowest possible figure consistent with efficiency. That both boards have sought to coâ€"operate with the council in its efforts to avoid an increase in the tax rate is evident in the action of the Collegiate Board in reducing its first estimates while the Public School Board, despite the increased school population and fll‘.’. need of opening an extra room each year, has kept the school rate at the same level as last year when a slight decrease was made in the rate.. Controllable expenditures were also cut to a minimum by the committees of the council and in some cases certain proposed changes were deferred to enable the council to fix the rate at 39 mills. The earnest endeavor of the council and other town bodies to finance so as not to make the tax rate burdensome and to maintain the high standing of the municipality will be appreâ€" ciated by the ratepayer. _ Appreciation of the value to the comâ€" munity of the bands of the Waterloo Musical Society was evidentâ€"in the decision of the counâ€" cil at its recent meeting to make the usual grant to that organization instead of adopting a proposal to materially reduce it «in its enâ€" deavor to keep down the tax rate. While the grant of $2,000 is a liberal_one, it was pointed out that the bands of.thé town continue to be a highly valuable medium for advertising the municipality. In their public appearances, not only in this community but in many outside gommunities, they have brought the town to the favorable notice of many people throughâ€" out the province and Dominion. The recent step taken to broadcast the programs of the senior band has also greatly enlarged the circle of admirers of the organization and given much additional and favorable publicity to the society and town. . The bands of the Waterloo Musical Society are unquestionably rendering a real service to the community and are deserving of the cordial support of the citizens. In police court ‘ last Thursday, Amron Braun of Bright and E. W. La Bar, who drives an Arrow bus, were jointly charged with reckless driging.â€" The case was the outcome of a crash on the Petersburg road on the evening of March 16th when damages amounting to $15.00 were done to Braun‘s car. The charge against Braunâ€" was mmfi and La Bar, driver of the bus, fined $10 and costs or a total of $26.00. . _A ome hundred dollar ~fine and ) cests was imposed when C. J. .m--! The cityâ€"of Kitchenér has been son pleaded technically gullty of an hotifled byâ€" the Ontario Munlcipal offense against the 1L.C.A. Three and ‘Railway Board that ratification mon registered for the same room|has been given to the following by at one of the hotels and Johnson was |lawa:~ Opening and widening Bisâ€" one _of them. He, however, neglected | mark avengo, opening and widening he was thersfore technically not n -n"dih hotel. > The charke Mfilmfi One year, in advance FAVORABLE PUBLICITY THROUGH ' WATERLOO BANDS WATERLOO COUNCIL STRIKES TAX RATE every Thursday by David Bean and Sone, Ltd. BUBSCRIPTION RATES â€" Es CANADIAN AND WORLD EVENTS $100 FINE IMPOSED FINED $26.00 bt:‘l’lL CLOSED AT HESPELER , iliff® Moyer of Kitchener has taken charge of the Commercial Hotel, Hespoler, in the interests of the creditors. It has been operated by Fred Wright Sr. The hotel is owned by Mrs. R. Moliet of Toronto, Mr. Wright having had it rented. The closing of the place leaves Hes peler without an hotel, the Queen‘s having also â€"closed several months CITY APPROVES BYâ€"LAWS $1.25 Consideration : for : the : welfarse éitizens is one of the first duties of a ity and among the organizations wh the well being of the community at heart is the Victorian Order of Nurses.: In the town of Waterloo this organization has been doing most effective work and it therefore is not surprising that the countil, after being fully apprised of the valuable service it is rendering by a deleâ€" gation of the Order, headed by its president, Mrs. 8..C. Tweed, should have revised its first intention of reducing the grant to the organizaâ€" tlonndmtondhtothcm‘mtuhot year. 2 u. h It was emphasized that any person in the town has a right to the services of the Victorian Order Nurse in case of sickne@8 and in many cases where means do not permit but a small part or no fee at all is collected. Preâ€"natal adâ€" vice is given free and it was stated that since its inception the Victorian Order nurse has been present at over fifty per cent of the births and in no case has a death occurred of either mother or baby. The work being accomplished by this splendid organization is to be encouraged and the action of the council, we believe, will meet with general approval. + With the advent of spring and the appearâ€" ance on the streets of our towns and cities of an incréasing number of motor cars, the motor car thief is again getting busy and we may expect the theft of many cars, some of which are never recovered. So serious has this menace become in Manitoba that automobile owners in that provâ€" ince, according to a recent despatch, will have to pay approximately $50,000 more tq[ theft insurance this year than last, due, it is stated, to the fact that the administration of the law does not see to it that adequate sentences are meted out to the guilty parties when they are apprehended. Higher insurance rates, repreâ€" senting a twenty per cent. increase over those of last year, go into effect April 1st. The stealing of automobiles for joy riding is increasing to such am extent that the Motor League of that province is considéring some plan of camipaign which will lead to a more strenuous prosecution of offenders and the inflicting of a proper penalty when they are apprehended. There are many youths who evidently view the taking of a motor car for joy riding as a matter of little concern and who fail to realize the seriousness of the offense. This must be combatted if owners of motor cars are not to suffer both loss and inconvenience. A serious aspect of the matter lies in the fact that it develops a sense of irresponsibility and lack of respect for other people‘s property which affects the honesty of the individual and must conceivably lead to even graver offences. The remedy would seem to rest in the imposition of sterner sentences so that those bent on doing so will hesitate to appropriate cars belonging to other persons. The law canâ€" not afford to be lenient in cases of this characâ€" ter as it encourages others to commit a similar offence. f on the â€" The experience of automobile insurance companies during the past year or two has not been a favorable one insofar as the liabilities they have had to assume are concerned. Thefts, collisions and mishaps have befallen insurers oftentimes through no fault of their own, and the need of increased rates is being pointed out. The public can materially assist by seeing that their cars are properly safeâ€" guarded and by exercising caution and care when driving so as avoid Accidents which so often prove costly. In this way they can aid in keeping down the insurance rate on cars and protect themselves from loss and inconvenience. Municipal 8t Clements, and was was also itification | charged . with having threatened »wing by| bedily harm to Moogk. Duncan ming Bisâ€" pleaded guilty to both charges and widening |the Magistrate fined him $10 and ..mmm-nmmhn-n uesn 8t.| totailing $81, and said he must farn= ness sone| ish a bond to keep the peace for one adfjoining | year as ‘a protection * to Moogk. THEFT OF MOTOR CARS A GROWING EVIL Judgment . against the owner of the van, William Schenk, was given by Judge Hearn in the divisfon court last week in the suit of Wiiliam Bindernagel, of Breslau, versus Wil liam Awerbach and Schenk. The amount allowed the plaintif was $102.45 while the,claim was $120. The action against Awerbach â€"was dismissed. Judge Hearn found â€"that the acci dent on West King street near Francis street on the evening of January 12 was not caused by Awerâ€" bach‘s truck but by. the Schenk van driven by Kennoth Makins. â€" In ~Kitchener police court last week, George Duncan, who was reâ€" cently acquitted in Brantford of a charge of murdering his wife, was charged with using grossly insalting language toward Robort H. Mogk, of MUST KEEP THE PEACE JUDGMENT GIVEN DORIS McDONALD, YOUNG ACTRESS, SAVED FROM HANGING Doris McDonald, young actress, who was sentenced to hang on Friâ€" day last for murdering Bouchard, a taxi driver, on July 17, had her senâ€" tence charged to imprisonment for life by theâ€"Minister of Justice. Her husband absolved his wife from all blame and was hanged last Friday. PRIZE CALF BRINGS $2,820, _ â€" SETTING CANADIAN RECORD An allâ€"time Canadian record for the sale of baby beof was made at the Winter Fair at Brandon, Man., when ‘R. J. Speerd of Winnipeg bought Miss Emma Hamilton‘s firstâ€" prize calf for $3 a pound, As the calt weighed 940 pounds, Miss Hamdilton got $2,820. . LEARNS THAT HI8 For five months Otto Mossholder, living in Wisconsin, had complained of not feeling well. But not until recently did he leave his farm work for a physical oxamination. ‘The doctor found the man suffered from a "chromic dislocation of the vertebrae," or in terms of the lay man, a broken neck. e Mossholder said he ¢limbed into a tres October 8 in an attempt to sight some of hig lost cattle, He allpped and fell sixteen feet to the ground and in the fail broke his neck April 2, 1928 AThis Stock (shares of $100 pai Â¥ fully paid and "Profervred as to dividends and assets, itled to byc:pnwuwmhm Bank of Redeemable pfiuuriv in whole or in part on any date at qdndfiq(a-uyuflltnhnud“ « dividend on CO days‘ prior notice. t ; TMM:WTMM.MTMMW + W:WMMJM.TMUHM * « mrmmwmwmmmmuwm United Fuel Limited: mouurmmmwsmmâ€"u.-dfidlm during the ments, Limited, is being incorporated under the Companies Act additional auwawr«mmamm due to ina hpuh&mih(z:ndod-rm It will now acquire sub enlargemen % share capital of Hamilton Byâ€"Product Coke company : Ovens. uflwfl%dlhcdunapinldl}ni.d panies and Gas & Fuel Company of Hami Limited. fl‘-lltm United Gas & Fuel Company of Hamilton, Limited, with its predeâ€" o Thex, marie ahith fan‘k las npmi s mo Sertoren years, ing time it enga in stribution of gas. Itâ€"owns a 6,000,000 cubic foot gas holder of the most modern type. one of the largest single holders in the Dominion of Canada, and 458 miles of rs mains, through which it distributes both for commercial and domestic purposes. throngnut mnilton. Ontario, a‘ ci? of more than 125,000 population which, with the surrounding municig:lilies, embraces a total population of over 200,000. _ The Company‘s supply of gas is purchased from Hamilton Byâ€"Product Coke Ovens, Limited. NECK 18 ‘BROKEN M e oo ui i es en en ie o ne i quality, efficiency and comparative cheapness for both industrial uddxmticmwhnpmdu«dfiydxemdunmtbds used by this company render it preferable to hard coal, which product it is gradually supplanting. 1he superiority of this company‘s coke has enabled it to take and hold all of the domestic and foundry coke business that it has been able to supply. The company‘s position marketâ€"wise is unassailable in that its L:uion and freight advantages protect it Ag“aimt competition. Considâ€" ering the admitted advantages of coke and the 4,000,000 tons of other fuels imported into central Canada annually, the market for the Company‘s product is almost unlimited. derived from bituminous coal, as a result of treatment by scientific processes. As Auhig!\:g,ftde, s:nolfltfl_ffl. ml MARKETS â€"COKE AND BYâ€"PRODUCTS â€"Coke is The principal by: t of a merchant coking plant is Gas. and mfimdm E;â€"Product Coke Ovens, Limited, is fortunate in bmmwd with United Gas & Fuel Company of Hamilton Limi for the purpose of distribution. The City of Hamilton consumes approximately 1,200,000,000 cubic feet of gas annually and it is estirflated that there is a potential demand of 3,000,â€" 000,000 cubic feet annually. .Prior to the enlargement of the plan _ Orders may be telegraphed or telephoned at our expense. . £ These shares are offered when, as and if issued and received b ) us and subject to allotment. Diâ€"idends on the PnLerrui Shares will > accrue from April 1, 1928. The organization of the Corporation and the issue of these shares will be: passed upon by Messrs. Bla‘e, Lash, Anglin and Cassels, Toronto. $ It is expected that interim share certificates will be read ; for deliver ; on or about A pril 10, 1928. MONTREAL OBFJCE 189 $t. James Street Coke Produced Ammonium Suiphate fl-luumenniureinhvebunwcepudbymfimbutm'mn_wmt to be construed as representations by us. Each ten shares of Preferred Stock will carry a bonus of three shares of common stock, > to be adjusted at $:0 per share. Dommion SrcurermIEs Grporation . Hamilton Byâ€"Product Coke Ovens, Limited United Gas & Fuel Company of Hamilton, Limited wWON SCHOOL HONORS George Lochead of the Kitchenerâ€" Waterloo Collegiate. won ~second honors in the oratorical contest of Ontario District No. 4. Distressing H:/adachc Rathe â€" the â€" foreh@dd with Size 8ft. 6in. x 16 fi. Other types and sizes to suit any meed ‘ .& bfin-flnmm . . . low in cont. of real aa Bathe _ the _ foreh@dd _ with Minard‘s, Also inhale. Brings soothing relief. _ T w § ww * c‘.-:."},'h 6Z Cumulative Preferred Stock l i &n ak Write for free garage folder PRICE : 100 and accrued div‘dend _ Limited. 255.000 tons 2,500,000 M. cu. ft. 2.920,000 Imp. Gals 9,000.000 lbs. 1,000,000 gais. To CONTROL THROUGH STOCK OW NERSHIP (With Common Stock Bonus) CAPITALIZATION (Uport completion of present financing) .. Authorized + _ Qurstandung Extablished 1901 _ E; R. WOOD, President Head Office : 26 King Street East during the past year the gas. company was not able to take on any dulwingbqnuxly. The correction of this tion by enlargement of the plant which has a contraet with the gas company for its supply, will increase the busines$ of both comâ€" panies and allow them tq operate on a nore and efi hn P oi n a ty, wi distribution of gas during 19 byl:;cluamwly 25%. Markets for other byâ€"products, including tar, sulphate of ammonia and motor benzol, are all well established and represent a profitable activity CONTROLLED COMPANIESâ€"The companies which will rdthmvlndbylkfiudFm@lmn. Limited, have the following funded debt outstanding:â€" UtildGuGF\adC«uw‘dHnmflm Ltd. $1.880.000 Bonds Hamilton Byâ€"Products Ovens, Ltd.. . .. $1,690.000 Bonds $925.000 Notes 1 is anticipated that part or all of these securities may be nfimtndfel‘dl'l‘pfllld'ndmimirwdup ASSETSâ€"It is estimated that the holding.of United Fuel Invetsments, Limited, have a present va of more than $10,000.000, with a potential value greatly in excess of this amount when the full benefit of the additional installation at the coke plant, completed in 1927, is realized. s EARNINGSâ€"Combined earnings of the controlled companies available for depreciation, taxes and dividends, certified by Fm'an & Company, Chartered Accountants, were as Year ending December 31; 1926.................... SILTH Year ending December 31, 1927.................... _ 548.166 Hamilton Byâ€"Product Coke Ovens Limited, in 1927, completed construction of a new battery of 35 ovens, which increased the Company‘s capacity by 140%. This new plant is now operating. and arrangements have been completed for the sale of the total output. Results from the increased capacity will be proâ€" gressively reflected in earnings of the current year, the plant reaching its maximum proc.iu_cti\e. capac Thceuâ€"-ninpu;l;we set out for a full year‘s operaâ€" tion of the enlarged plant. are estimated at .. . . . ~ | The estimated e-rm? accruing to United Fuel Investâ€" ments, Limited, for a fuil year‘s operation of the enlarged ?hm, after depreciation and inâ€"ome tax, available for divicencs on this Preferred Stock are $1,003,542 Preferred Dividend on this issue. .. ... ... .. . . $540,000 The above earnincs should be increased by the addition of new :flhxem. the construction of which is contemplated at an y date. â€" ity in the last quarter. It is estimated that the comâ€" bined earnings of the two controlled companies available for m taxes and dividends for the year ending 31, 1928, will amount to $1.053.025 D. BOHLENDER A. T. Leavitt, who is to be. Managing Director of .000,000 .000,000 .‘” 250,000 shares ® 100,000 shares 21 Erb St., West sta â€" mhen m faranee n No r WATERLOO Designed of light weight plmble rubber in Colors and Contrasts to harmonize with the vogue in LONDON, ENG., OFFICE No. 6 Austin‘ Friars is <¥‘7 Fashioned in Red, Green, Fawn, Blue and Grey rubber spÂ¥2 ow 06 with Black Jersey Cuffs and trim to match. attire. Wearedispla full range of n’;‘:&'.m- 1.301,525