HomeMy WebLinkAboutThe Clinton News Record, 1923-10-11, Page 3ff
LEADING HOME BANKS OFFICIALS
PLACED UNDER. ARREST
Repot of Curator A. B Baker Sh Ws the Failure to be an
L'xtremie1y Batt e—ChargesUnder Bank Act,
Ten arrests represent the restate of Casey Wood . end F. J. B. llussill;
the -Ontario Government's action upon
the anxiously awaited report of Cur-
ator A. B; Barker, cf the dome Bank,
which was made public last week,
The fact disclosed was one of a bad
failure, To meet deposits, and other^
liebil)tics totalling $15,631,ra52, there
was declared to be 'available only $2,-
687,620 of quick assets, and "special"
assets nominally worth $9,229,997.
Chief Aeceuntent 0. G. Smith; Audi-
tor -Sydney I:I,' Jones, The general,
manager at the time of the bank's, i
suspension, Mr. A. E. Calvert, was out'
of town, but was placed In custody 1 1
when Inc arrived back, ) 'I I
The charges upon which the group, ' 1 turn
are held are thee, all laid under thei i {1
Bank Act, viz,: -1
Against Messrs. Daly, Gough, Cal-
vert and 0, G. Smith it is charged that,
Tho prospect held out by the °ureter they did "negligently sign a false" or
was one of lengthy liquidation and be deceptive statement respecting the re
t
urns of the bank," '
further stated that the hoped-for ar-
rangement by
r-rangement•by which an immediate di- Against Messrs, Barnard, Stewart,;
vidend of 25 per cent. was to become Rusaill, Col. C. F. •Snaith and Wood'
possible had not yet been effected. it is charged that they did "negligent-
As a result then of a spectacularly ly approve or concur in a false or de-
rapid round -up by the Provincial go- captive statement respecting the re -
lice, the following were placed in ells- turns of the bank."
tatty: President H. J. Daly; Vice- Against Mr. Tones, the auditor; it
President R. P. Gough; Directors 0. is charged that Inc did "negligently
A. Barnard, ICC., J. F. M. Stewart, prepare, a false or deceptive statement-
Limits
tatementLieut: Col. Clarence F. Smith, 8, respeating the returns of the bank."
BRAIN PIERCED -
BY SHARP WIRE
Toronto Lad Instantly Killed
While Playing . With
Companions.
A despatch .from _Toronto says:—
Twelve-year-old Alonzo H. Verrain,
213 Pearson 'Avenues was almost in-
stantly killed when a length of fine
galvanized wire in the hands of Jo-
seph F. Harris, aged 12, of the Cnr•-
CATTLE FROM 'CANADA
ARRIVING TOO SLOWLY
Scottish Meat Traders Com-
plain Greater Numbers Were
Promised. declares that he would give a great
A despatch from London says: -A deal to know what possessed the man.
complaint that Canadian cattle were who tried vainly to steal four deadly'
not coming forward in sufficient num- cobras from the east wing of the rep
bees was made at the annual meeting tile house. Dr. Iornaday termed it
of the Scottish Federation of Meat Bronx Park's luckiest failure.
Traders' Association in Glasgow. Mc'. The Director explained that the
Welch;' president' of the Glasgow four reptiles on .which the visitor ap-
pathia Apts., 81 Wilson Avenue, :en- Fleshers Society, said that that body parently had designs, , two common
tered the back of his neer• and pierced had helped to secure the removal of 'hooded and two spectacle cobras, were
Upwards into his brain. The unfortun- the embargo and the pronnise'was then healthy specimens of the dreaded In -
made thatthe price of beef to the dian variety which annually,' took a
public would be reduced. That the death toll of probably 18,000 lives in..
promise had not been fulfilled was lept the land of sandalwood and temple
the fault of the meat traders because . bells..•
cattle had not come from .Canada ,in When head keeper John T, Toomey
the numbers expected or promised. He opened rip Inc found in the rear of the
denied' that Glasgow meat retailers cage' of tile cobras various. tools, saw-
after thetregedy, the Harris and Sm- were charging higher prices than dust, splinters; burnt match enols, etc.
Clair lads told :their stories: Sinclair's those quoted in other centres.
TS E DANGER sPOTs FOR EARTHQUAKES
3 rice t is Japanese disaster a 1 the world has, bee i,asncing whale e se hese ten r'ilo earthquakes may occur.
The map shows tI a dange • spots on the earth's surface and it .will be noticed that t ce only part of Canada be-
lieved by scientists to be in danger s.the,nortbern part of the Pacific coast.
THIEF AIMS TO STEAL
FOUR DEADLY COBRAS:
Attempt to Burglarize Reptile
Rouse in Bronx Palk,
New York.
A despatch from New ,York says
Dr. William P. Hornaday, Director of
the Zoological Gardens in the Bronx,
ate lad was discovered by his father,
who pulled out the wire, then called
for a doctor.' The lad's body was re-
moved to the Morgue; where an in-
quest' was held by Coroner McConnell
Questioned by Sergi. of Detectives
Plitebell in Cowan Avenue Station
tale was corroborative -of that told by
Harris, who, stated that he and Sin-
cleir were playing soldiers in the side
entrance of 213 Pearson Avenue when
young Verrian joined thein. Barris
and Sinclair each had a piece of wire,
with -which -they' were <fencing. Yee--
elan
er-clan asked Harris for the loan of his
wire for a while, and when Harris
refused this, Verrian struck him on
the elbow. Whereat Harris gave chase.
to Verrian, at the same time, in play,
thrusting forward the piece of wire.
The sharp instrument penetratedthe.
lad's neck, and, piercing the brain,
caused him to fall forward on his
face. • Meanwhile, the : McGrath" and
Roden boys had been playing in the
backyard of the Verrian home, Hear
ing a scream from Verrian they ran tcsu 5"a
out. to see what could be amiss and q.r
worejust in time to see the Sinclair '�: ���1y
lad and; Harris leaving :the side en-
trance and "Verrian -lying on the
ground with the wire 'sticking out at Governor J. 0. Walton
the back of his neck, The lad's father Governor of tits `State -ofOklahoma,
-was informed and he at once repaired who placed that state under mar ial
to the side entrance, where he found law, to prevent the legislature flied -
his son. The 'father pulled out the ing without his consent.
wire, meanwhile calling to the .lad to
speak; 'then, as the boy remained NO BAD BLOCKADE
silent, he carried him to his home, AT HEAD OF LAKES
then called the doctor. But the boy
was dead. •Government Has Grain Move -
Canadian Cana is Exhibition meat Well in Hand, Says
t
Will Tour ♦ Belgium D'Arcy Scott.
A despatch "'from Ottawa -says:—
A despatch from Paris says:—The D'Arcy Scott,- chief counsel of the
organizers of the Canadian Traveling Royal Grain Enquiry, Commission, has
Exhibition have received an invitation returned from Winnipeg. Mr. Scott
to tour Belgium in the same manner says that the grain is now freely mov-
as thetour of France has been . con- ing to the head of the lakes. About
ducted. The exhibition may therefore two thousand cars are` inspected daily
remain in Paris only one week instead at Winnipeg..' There are, no indications
of three,` returning after the Belgian of any serious blockade at Fort
itam, and Mr. Scott: is satisfied that been asked to arrange additional
the Goveterhent, through the Board of space to .handle same as the present
Grain Commissioners, has the matter potato sheds were taxed to. capacity-
Well
apacity'well in hand. last winter.
Montreal, Que.-Another cargo of
British_Columbia lumber is now en
route to Montreal from. Vancouver via
the Panama .Canal; -consigned to a
Montreal firm, It comprises about G,- them from United States points, 'have
000,000 feet. The magnitude of the been registered at the -.Banff Part:
lumber import tradea
This led to discovery that a' hole. had
been bored in the tin -lined wooden
door in the brick wall which attend-
ants used.
Investigation revealed that the mar-
auder had: attempted to cut through
the plate glass, •
Former Enemsy Athletes' '
May Attend Olympiad
A despatch from iVenna says:—
The Austrian Athletic Association, by
a vote of 17 to 5, decided to accept
the French Olympic Committee's in-
vitation for Austrian athletes to par-
ticipate in .next year's Olympic' games.
It was decided, however, not to nomin-
ate competitors until it had been learn-
ed that Germany also was invited to
participate: in the garnes.
Natural Resources
Bulletin
The Natural Resources -Intel-
ligence Service of the Depart-
' anent of the Interior at Ottawa
says:
In the: Ottawa: river', on a
small island, known as Chats
Island,. is situated the richest.
lead mine in Canada. While not
one. of the largest mines, the
mine' and smelter of the King-
don Mining, and Smelting Co.,
at Galetta, has for a number
of years back been a steady pro-
ducer. Practically all of On-
tario's lead production comes.
from 'the Galetta mine, this in
1918 amounting to 1,670,251
pounds, in 1919 to 1,509,758
pounds, in j.920 to' 2,216,592
pounds, in 1921 to 3,570;222_
pounds, and in 1922 to 2;860,716
- pounds.' Last year the com-
pany inetalled a blast furnace tr
toeat the Iead-zinc slags, and
this will avoid the necessity of
shipping these 'zings to the TJn-
ited States, for treatment.. •
e• �J
BATTLE' IN PRISON.
ENDS IN SLAUGHTER
Hail of Bullets ' Poured Into
Convicts' Refuge.
A despatch from Eddyville, Ky.,'
says: Rifles and machine glens, which
had been pouring. a hail of bullets into
the mess, hall of the State Peniten-
tiary here, where: three convicts have
been barricaded. since a, dash for lib-
erty in which three guards were killed,
were silenced soon after dark when
besiegers who ` Ventured from cover
were not fired upon' by the tenants of
the improvised fortress. Opinion was
that the desperadoes were dead or des-
perately .wounded. In view, however,
Canada from Coast to Coast
of the possibility that the convicts
withhold their fire to conserve a small
stock of aisp ctrnition for a last des-
perate stand when the attackers should
enter' the beiilding, it was determined
to maintain a guard about the plane
and await daylight for further action.
Your Newspaper...
Aside from the limited. number of
single track minds to be found in
every community, the people generally
appreciate and accord liberal support
to the local newspaper—=that medium
through which is mirrored each week
the collective conlniunity activities.
Your home newspaper bridges the
gap; its' chronicles of local news com-
pletes a circuit of information inipos-
sible to be attained tf rough any other
medium of human locomotion or nie-
chemical device, and brings the local.
comrhunity as vividly to the fireside
as the morning sun reveals the sur-
rounding landscape. It is a human in-
stitution,: and therefore is imperfect;
but the courageous and sincere news-
paper unalterably stands four-square
for what it believes to be the ultimate
good of its town and district and
country.
Your home newspaper endeavors to
radiate development• in trade, health
in the home, progress in civic affairs
and goodwill in :the intercourse be-
tween men. In the performance of
its service .it is bound to run counter
to the views of some—often of many;
if it hews to the line the chips of res-
pect will not remain uncounted.
Your newspaper, no matter what
petty differences may arise, is the
friend and advocate of every good
citizen,. although its paramount aim
must obviously be the better destiny
of the citizenship as a whole.
Men may come and men may .go,
but your newspaper remains on. It
rejoices, in your successes and grieves
in your adversities. It tries to in-
spire hope and cheerfulness,: and is
the foe of hate, jealousy and fear. Its
mission IS co-operative; its function
kinetoscopic; its service omnifarious.
It welcomes suggestions and thrives
on constructive criticism.
The more you make use of your
newspaper, the more consistently you
support it the more its benefits will
be revealed and the greater service: it
will be able to render for the increased
prosperity of the field in which it
labors. When you co-operate with your
home newspaper you are but casting
bread upon the waters of home pro-
gress.
Halifax, `NN.S; The surface plant of erican carrier C. 0. Jenk jns, with 345,•
the Malagash' salt mine on Northum- 00(1 bushels.
berland'Strait in Nova Scotia, which Winnipeg, Man.—'Approximately 3,-
was destroyed by fixe in July, has been 000,000 lbs. of dressed fish were taken
rebuilt, and: the mite and mill are be- `from the Winnipeg Lake this year, ac-
ing operated again under improved cording to advices received here. Fish -
conditions. The salt mined at present ing was not good this year, and as 'it
from the Malagash deposit' is of un- appeared unlikely' that the total sum -
usually high grade, running over 9.9 mer catch' would exceed 2,000,000 lbs.,
percent. sodium chloride and contain- it was found advisable to extend the
ing only a trace of'magnesium season to help relieve the position of
chloride. the fishermen,
St. John; N.B.-Present indications Edmonton, Alta.—Alberta, dewed -
are that the movement of New -Bruns- ing to - the last government agricul-
wick potatoes to Cuba will be heavier tural report, has 400,000 dairy cows,
than last year and representation has valued at approximately ;$19,500,000,
also- been made to have large 'ship The product of these cows last year
meritsEdward Islfrom and hNavaanScotidledathandrough Prince -this more than their own value:
was worth $28,500,000, or $4,000,000
port. The Federal 'Government has Calgary, Alta Probably in. ,no
other year in its history has tourist
travel to Alberta been as heavy as
this year, and an even heavier year is
anticipated for 1924. The Canadian
Pacific Railway reports' heavy'toueist
traffic, and the reports of auto traffic
show that this has also_been very
heavy. Nearly 5,000 tars, many of.
In spite df' protests rafted in one
quarter, the exhibition after all will
be parked in the Tuileries,
LIST- OF IMPORTANT LOSSES•
SUSTAINED BY THE HOME BANK
Many of Large Advances of Doubtful Value and Others May
'Take Years` to Realize Upon.
The following are the: important` The False Creek Timber Co„ Van -
losses sustained by the Horne Bank
as given in. the report of the curator,
Mr, A. R. Barker,
The -King, Shoe Company and Can-
tidiest
an-
adie l:Shoes, Ltd., $617,558, Advances
of $577,558 wore made, and it is esti-
mated that only $60,000- will be re-
covered;
Advances in loans to Toronto rirok--
ers against the security of South Afri-
can War Veterans' scrip, $250,347.
Advances to the estate of the late
Brigadier -General Mason and 'leans
to the late Colonel J. C. MViason, $97,-
Loans to the Arnprioe Cabinet, Co,,
to Montreal was lone up to the end of August.
made apparent res -•tly when it was'.
estimated by one firm 'that, in rho' Victoria,. B.C.-Nearly five 'hundred
course of ten months, they will have ;saw and shingle mills in British Col -
brought into this port eight cargoes i umbia are producing annually ap-
couver, B,C.,. $126,394. No recovery of Imam.from Vancouver, estimated proximately three and a -half billion
can be expected. at from thirty-five to forty million feet of lumber and about the same
The County Investment Co.,' Ltd„ feet. number of shingles. This year the
$787,887. The value of the bonds and O.ttawa,Ont,- A heavy production lumber production of the province is
shares will be entirely dependent upon of pig iron. in Canada as well'as of estimated to be worth $85,000,000, and
a'survey of world markets ,gives pined
the success which maybe met in teal- steel ingots and :castings during the 'ise of a steady increase in (he nest•
mitten of the assets over' an extended thonth: of August is registered by,the decade:.
period. Statistics. Pig
erred, Dominion Bureau of Prince %Rupert, .B.C.—During the
British Dominion Holding and In- iron produced in Augustamounted•to Saw Floods of Burning 0.11
p , s g g , month. of August the air' force has g
$1.vestmentCor oration Ltd. Montreal 92,587 gross against 81 647 tons The first survivor of the Japanese
$1.409;845, The definite value of the in July: Production of steel•+ingots been cosep'erating with the;fisheries i
securities must be determined with and castings during tfie month was authorities for the enfotcement of the earthquake to pass through Canada en
realization. The debt is guaranteed 5 5 long an increase e:f•4}l •fishery
laws dud regulations in the ed nate rente to his Meme In England wee
g pe ,0 tons, cinity of this city: Reports indicate) Major. 1VI, 11. G. Braokley, of the Japan
Dai cent. over July, when „3,532 tons that the innovation has proved so ase Naval Air Service. 14e walked
were made, '
da
llsues
ccsful that the service will be con- 11-0111Tokioto Yokohama over debris
I' William,
by- Me. O, A. Barnard, Montreal, one
of the biome Bank directors. '
Manufaeturers' Holding and Invest--
Ment Co, Ltd;, $601,228; The bank
has, colIateeai notes as security for
elay's:sh[pmeut of wheat this seas-onort 'W't t i, Ont. --The lei -gees for the rest of the season. In and dead bodies and .saw the ell tank
Ltd., $120,410. This will be a total vas made an September 19th,•when all ,laltehhobd the deters will be per -
was
loss unless Mr. I1, J. Daly makes good $1,,65,821., and the guarantee of Mr, R. 1,297,000 bushels of wheat went out manently engaged to prevent illegal .d au ship, IDmprass of ilustralia, 15 c; tubs 16?Fs to 10c; papls, 16
fishin = saved at Toast 5,000. I.vos. to 16phc; prints, 18p/,t. to 181yec,
guarantee- to the extent ot$48,000, 3. Daly for $95,000- on „pine vessels, including the big Am- b• : -,,
his.ge
• explosions. He reports that the Cana -
"RACE 'x0 OCCUPY
IF MON.
0 Nationalists Seize Power a�
Push
Forward Tromps a
Poi
A despatch from Paris says:--
France does not intend tc intervene in
German regardless of what situation
developsi Quai d'Arsy has announced.
Although Paris end London are in
close communication, fallowing care-
iully the situation in Germany, 'there
18 no desire by dither Great Britain' or
France to interfere to Germany's do-
mestic problems.
In case of restoration of the Ino
ltenzollerns, or any other. Monarchy,
a continued violation of the Treaty of
Versailles, France will maintain the
occupation of the Ruhr And Rhineland,
This pressure eventually will force
Germany to execute the treaty,
LONE FRENCH WOLF
IN TOILS OF POLICE
Bandit Who Played Butler to
Rob Rich. tisane.
A despatch from Paris says :—The
international search for Gabriel Al-
phonse Mourey; who 18 months ago, in
the guise of a butler, robbed the New
Yerk home of Albert R. Shattuck of
$84;000 in jewelry, after locking the
family in a vault in their cellar, ended
near, here when the bandit was shot
five times by municipal and national
police sent to arrest him. He is lying
in a dangerous condition in Saint An-
toine Hospital.
Mourey, the police learned some
time ago, returned to France and took
up his old trade: of mechanician. Sev-
eral times he escaped police nets set
for him: So elusive did'he prove. that
Mr, Shattuck, who came to Europe
with the avowed determination to
hunt him down, recently gave up the
search and went to London.
The Paris pollee persevered, how-
ever, andeventually learned that
Mourey was practicing his trade at
Ivry.
Mourey drew two automatic revol-
vers when he was surrounded in a
cafe, andwounded one of the police
before he was wounded by the others.
At first he feigned death, and this
led to the report that he had been
killed, but at the hospital it is said
that he will recover, If he does re-
cover he will face a charge of attempt-
ed murder because of his attackon.
the police, but this may not be pressed
if the New York authorities demand
his extradition to face robbery charges
there.
Weekly Ma
TORONTO.
Manitoba wheat—No. 1 Northern,
,-
Manitoba oats=No, 2 CW *a.
Man. Barley -Nominal
All the above, track bay ports.
Am. corn—Track, IPoronto, No. 2
yellow, $1,12
$1.08%.
Barley—Nominai.
Buckwheat—No. 2, nominal,
Rye—No. 2, nominal.
Peas—No. 2, nominal.
Millfeed—Del,: Montreal freights,
bags included: Bran, per ton, $28.25;
shorts, per ton, $81.25; middlings,
$88.25; good feed flour, $2.10.
Ontario wheat—No. 2 white, 95c to
$1, outside. e •
Ontario No. 2 white oats -40 to 44e,
Ontario cern--Nominal.
Ontario flour—Ninety per cent. pat,
in jute bags, Montreal, prompt ship-
ment, $4.90; Toronto basis, $4.80;
bulk, seaboard, $4.70. -
Man. flour—let pats., in jute sacks,
$6.50 per bbl; 2nd pats., $6.20.
Hay—Extra No. 2 timothy, per ton,
track, Toronto, $14; No. 2, $13.50; No.
3, $12.50; mixed, $11 to $12.
Straw—Car lots, per ton, $9.
Cheese—New, large, 26 to 27c;
twine, 27 to 28e; triplets, 28 to 29c;
Stiltons, 28 to 29c, Old, large, 33c;
twins, 3811 to 84c.
Butter—Finest creamery prints, 39
to 41c; ordinary creamery, 37 to 38c;
No. 2, 36 to 37e.
Eggs=Extras in cartons, 44 to 45c;
extras, 42 to 48c; firsts, 38 to 39e;
seconds, 82 to 33e.
Live; poultry—Spring chickens, 4
lbs. and over, 28c;• chickens, 3 to 41bs.,
25c; hens, over 5 lbs., 24c; do, 4 to 5
lbs., 22c; do, 8 to 4 lbe., 17c; roosters,
15e; ducklings, over 5 lbs•, 22e; do, 4
to 5 lbs., 20c; turkeys, young, 10 lbs.
and up, 25e.
Beans—Canadian, hand-pieked, lb.,
70; primes, 6%c.
honey ---60-1b. tins, 11 to 12c per
Ill; 10 -lb. tins, 11 to 1.2c; .5-15. tins, 12
to 13e;, 24 -lb tins, 13 to 14o; comb.
honey, per doz., $3,75 to $4; 'No. 2,
$0.82m8
0. 10 $3,50
S28moked'mea. ts—Hams, mad„ 27 to.
29e;•boolted hams, 40 to 43e• smoked
rolls, 22 to 24c; cottage rolls, 23 to
27c; breakfast bacon,'30 to 34e; -.spe-
cial brand breakfast bacon, 34 to 38c;
backs, boneless, 84 to 40c.
Cured meats—Long clear bacon, 50
to 70 lbs., $18; 70 to 90 lbs., $17.50;
90 lbs• and' up, $16,50; lightweight
rolls, in barrels,.. $86; heavyweight
sells, $33,
Lara—Pure tierces, 17 to 17%e;tubs, 171,5 to 185; pails, 18 to 18%c;
prints,' 200. Shortening, tierces, 15%1
'PARSON POPE le. JUST OCT BACK
FROM A VIdIT HoMS, ! HE, t3Ro0CiE T r' E
L 1:NLl Tel 5. "NEWS :,,.
IN RABBITBORO
AN' 13Y THE. WAY. lvms �eMI3UNNY•-
ME. WENY IN To 5E2-, t(OUR HU5IAN1)
AN' A51-<EHIM HOW HG WAS dETTIN'
HE SA`f.5 OIMPL' C+f,?EAi! 5AVIN' MolE
AN' MORE TIME. ES/'R`( DAN' g, 1 CAN
'Aur MY( `soots O1' FROM spans=rte r
t1vp Now .9„
.t,„._.
WELL DARN j415 5oCK5
1 1HINl' 17'5: HIGH 11ME
1 AA/Az oErr,rd trIOME VI•