HomeMy WebLinkAboutThe Seaforth News, 1928-08-09, Page 3The Wnrd4 Npw Knows Canada Growsl�li ore Than Wheat and Apple
Gene Tunney Market Reports
Retires Prom Ring PRODUCE ££UOTATIONS.
Toronto wholesale dealers are pay -
With Dearly Two Million ing the following prices, delivered:
Champion Steps Aside E 's, ungl'a e , ogees ;returned--•
p p pre extras, 85 to ,86e; fresh ihrets,
and Give Trophy 82 to $8c; seconds, 20 to 27c.
Butter --Creamery, solids, pastour-
"I have fought my last bout as a iced, No. 1, 38 to 8814c; No, 2, 87 to
professional boxer," his statement 87i/ao,
said. I Churning cream—"Special;' 8Oc;
"Feeling that I am still young first, 850; second, 82e,
enough to matte another start in al Cheese—No. 1 large, colored para -
new •fleld,'.' Turney declared himself fined and Government graded, 22%2
to 22%c,
"grateful for the benefits aenferrea,"I PROVISION PRICES.
and "anxious to leans the game better
than T found It," lToronto wholesale dealers are gnat-
ing the following prices to the trade:
"There is 0a contender at the prea•l smoked meats—Hams, med., 29 to
eat time who appears capable of at. 82c; cooked hams, 46emoked roller
treating real public Interest. If there 24c; breakfast bacon, '27 to 82e; do,
were I might delay; my retirement fancy, 86c; backs, peamealed, 84 to
long enough to face them in the ring,' 86c; do, smoked, 88 to 40e,
but it looks as if It might be two onto 70 redslneat ; .L70 np clear90 bacon, 60
00
titres years before a dangerous oppon-, to 100 lbs. and up, $18 lightwe$19ight
eat is clsveloped. This is too lane rolls, in barrels, $11.00; heavyweight
to stand and wait," roils, $38.60 per bbl.
'I have no thought of trying to Lard—Pure, tierces, 150%; tubs,
nominate my successor, To the vie- 161/a0; pails, 1O0'ae; prints, 18c, Short -
tor belongs tate spoils. I merely step ening, tierces, 1434c; tubs, 15%e; meats and minor additions, by the
aside, and say, May the best man pails, 10cec; tins, 17%c;, prints, 16 ic. time the second unit is running
win,'" GRAIN QUOTATIONS. smoothly, the smelter will, it is ex.
"If I had fought again it would l Grain dealers on the Toronto Board petted, have a capacity of close to
have been for Tex Rickard It regard of Trade are making the following 2,000 tons daily. This should yield
him as the foremost boxing promoter, quotations for car lots: I the company, from its own and cus•
of all time. Realizing that another' Man. wheat—No. 2 North., $1.26%i toms ore, approximately $20,000,000
champion will follow me, I can think No, 8 North., $1.16%; No, 4 wheat,) per annum, from which profits of be
171 N 2 to h $118ia• No 3
Where Nlokel Is Held
There aro two groups interested In
nickel, ono Canadian and the ether
American. It Is said that the. Ameri-
can, group holds 800,090 shares and
the Canadian group 000,009, 'while the
nubile holds some 250,000 shares. The
cotnpany has outstanding 1,600,000
shares. It claimed that a short In-
terest of 400,000 shares exlate,
Values at Noranda Growing Week
by Week
Conditions at Noranda are such that
the management are taking every
meansto get the utmost capacity out
of the first unit, of the smelter, which
has been in operation' since last De.
oember, and the second' unit, which
will be brought into operation almost
immediately.- By means of adjust
of no more capable hands than hick- tough s $1,1014 ; No. 4 tough, $1.06%.
ard's in which to leave the selection (c.i,f. Goderich and 'bay ports.)
of such a man, especially as he will; Man, oats—No. 1 feed, 58c; tough
necessarily be guided by the advice No. 1 feed, 51c. (cif. Gederich and
and .assistance of another man to bay ports.)
whom I owe more than I call express,"Am. corn—No, 2. yellow, $1.24; No.
lie said. I8 yellow,. $1.22 (c.i.f. Goderich and
"It naturally is with certain regret bay ports.)
that I announce my Permanent re- Millfeed, del., Montreal freights,
tirement from the boxing ring. bags included—Bran, per ton, $30,25; out.
"No' man realizes more than I do shorts, per ton, $32.25; middlings,' In view of the fact that the present
i $40.25.
my debt to the game. It has treated Ont. oats—.Good, sound, heavy oats, dose shaft cuts right through the "'EI"
me well. To it I owe such fame and in car lots, 45c, f.o.b. shipping new ore body apparently, it is imperative
fortune as I posses, and it has given crop, $1.15. that a new shaft 1,o sunk, which will
me something loss ephemeral than1 Ont. good miLing wheat, f.o.b. ship- be carried below 1,000 feet
fame—many real and warm friend- ping points, according to freights, A station is being built at 600 ft. ,.-'
ships which I hope and expect to keep $1.15• level, from which a crosscut will be
through all the years to come. Barley—Malting, 70 to 72n.
Buckwheat—Not quoted. driven shortly to open up the "I3" ore
"I always shall take • a live and ac- Rye --No 2, not quoted. body, which has been tapped at 725
rive interest in boxing. There is no Mian. flour—First pats., in jute, and 860 and 975 feet.
finer physical exercise or more en- $7.60, Toronto second pats., in jute, $7. At the 400 -ft. level "8" ore body
grossing science. It is a game avhich, Ont. flour—Toronto, 00 per cent. looks about as good as the "15" ore
properly conducted, teaches and de- pats., per barrel, in car lots, nominal; body at 975 feet, although it is not
velops such qualities as stamina, con- seaboard, not quoted. s as big. Workings for 70 feet disclosed
fldence, patience, self-denial, bodily LIVE STOCK to to 15 per cent. copper with fine gold
fitness, mental alertness and courage. Heavy beef steers choice, $11.50 to values. At a depth of 106 feet the
"I have a great affection for box- $12; do, fair, $10.23 to $11; butcher "B" ore body was 61 feet wide and
ing, and one of my chief desires has steers, choice, $11 to $11.75; butcher averaged 7.7 per cent. copper and
been to leaye the game better than I heifers, choice, $10.76 to $11.40; do,$6.36 gold, or $27 per ton. Values
found it. I have tried. to be not only tom., $9 to 910; butcher cows, good were lower at 3000 fest, but at 400
a champion but a sportsman. to cholas, $8 to $8.75;om do,fair $7; good- feet they are indicated to be $33.60
"But the time has come when pro- ne to $7'75; terdo, cont., $G to can to $42 in copper alone.
fessional boxing can offer me
nothing nets and cutters, $4 to $5; butcher
good to choice, $8 to $8.76; do, Developments in the next five
b months in the urine have wonderful
possibilities.
Red Lake
Unofficial advice brought to a repre-
sentative of this office -from Red Lake
conveys the information that at one
Point in the underground workings of
Howey Gold Mines there is a length
of about 200 feet, averaging $52 per
ton across a width of 15 feet. This
ore lies in the easterly workings. In
dleations point toward Howey being
amine with possibly $10 ore, perhaps
substantially richer at such time as
the work in the easterly part of the
property continues. While assays of
$52 are reasonable to expect in cer-
tain parts of the mine, the officials,
however, prefer to confine remarks to
the general average value of the ore
Officially, it is known that the average
grade of ora during recent months has
improved at least '10 per cent. and
with signs pointing towards even
greater improvement. D
C.N.R. Wants 9,000,000 Tles for
Next Year
A further indication of the expan.
cion programs outlined for Canadian
railways during the next year or so
Is the statement that the Canadian
National Railways will require 9,000,-
000
,000;000 track ties for the coming year.
New 011 Company in Turner Valley
East Oil Company, Ltd.., has now
commenced operations in the Turner
Valley. Capital is set at 750,000 no-par
shares, and it is provided that these
shares may be issued and alloted for ...,.,.•,_
a consideration not exceeding -1i
company has purchased part of the
James Lesee claims in Turner Valley.
tweeu $6 and $8 per share on the
stock may be looked for.
Already "H" and "B" ore bodies
have proven fabulously rich at lower
levels. What about the other six or
seven aro bodies? It will be interest
ing when the workingsget into these
zones, and the market may be expect-
ed to reflect the news as it comes
further that I desire. I am putting
It behind me, grateful for the benefits
conferred, but with the feeling that
med., $7.50 to '$7.75 olognas, 96.50
to $6.76; baby beef, $11 to 918.50;
. feeders, choice, $9,25 to $12; do, fair,
am still young enough to make a new $8 to $8.60; •stockers, choice, 98 to
10; do, fair, $7 to $775• springers
choice $1a0 to $120• milch cows,
CANADIANS SCORE NOTABL
Officials in charge of the Canadian athletes at the Olympic games looked
forward to seeing the Canadian ensign raised over the Olympic Stadium at
Amsterdam for the third day Ina row on Wednesday test as they sent one'
of the largest bunches of athletes to date into action. A total of eight are
competing in all events,' Ennis and semi_dnals and the majority of them are
regarded as point winners. The feature event of the day, as far as Canadians
are concerned, was the final of the 200 metres, in which Percy Williams, the
winner of the 100 metres, and Johnny Fitzpatrick competed. Williams won
his heat, defeating Charlie Paddock, the U.S.A. flash, and 'then came on to
win the final. Fitzpatrick was fifth. Photographs above show 1, Fanny
Rosenfeld, whose defeat 3n the 100. metre final for women on Tuesday was
protested and who qualified Wednesday in the trials of the women's 800
E WINS AT OLYMPICS start in other fields." $ o '
metres; 2, Jack Walters, beaten GO yards in the 1.809 metres; 3, an action Tunney declared it his desire to '
of Vic. Pickard of Hamilton, 08 he clears the bar in his place in Rickard's hands "a belt or c14160 to$816tog:_$'
99umedcalves,
choice,
$13
photographt
specialty, the pole vault; Pickard qualified; 4; Percy Williams; 100 metres other suitable emblem of supremacy, do, grassers, $7 to $7.50; lambs, $16.75
pto be awarded by him to that boxer
champion, who won the 200 metres; 4, Johnny Fitzpatrick of Hamilton, to $17; books, $73 to $Y3.60; do,
who' ran in the 200 metres coming 5th; 6, Jean Thompson, the "Penetang i who, through a series of elimination • heavies, $4 to $5; do, culls, $2 to
Pansy", as she appears on the mark for her. specialty, the 8ss bouts
dable opponents victories over thatthe most for. can be ob= 913 90; dos fed, $15.35 to ects $1$
.50 6 to
do,
efeated hi 'toe finals coming 4th. Miss tained shall prove himself deserving thick smooths, w.o.c. $18.25 to $13.40;
do, fed, $12.85 to 915.
metres, but alta was n
Thompson has been troubled with .a sore leg since reaching Amster-
dam,
msterdam, but the little Penetang girl won 'Iter heat easily in record time; 7,
Pete Walters,- who with his brother Jack, ran in the 1,500 metres. Art
I{say, Toronto runner, in the 3,990 metre steeplechase.
Buchan Defends
Dominion Methods
Well -Known Novelist and
Member of Parliament
Refers to Govern-
ment Report
Britain Ready
to Invest in Ca:lada
But Wants Only Bona Fide
Proposition, Says Local
Lawyer
Scots -Americans - ' Greenley Island is
Visit i oimneland A Pioneer Landing
Clan Members From United
States Are Given an En-
thusiastic Reception
"Great Britain has plenty of money G1asgaw—Three thousand Scote-
available for investment in Canada, Americans have arrived aboard two
London—John Buchan, member 00 Anchor liners, the Transylvania and
Parliament and well-known novelist, but only for bona fide propositions,'
Caledonia, on the third biennial visit
to Scotland: As members of the order
of Scottish Clans their return to the
old motherland is the occasion of an
enthusiastic welcome. Duncan Mac -
Innes, royal chief of the order, chief
accountant of the City of New. York,
expressing -appreciation at the warmth
of the reception, outlined the origin,
has replied to Australian and Cana- according t0 G. L. Alexander, SS;.C.,
dian criticism in a report just issued Montreal, who recently returned from
hero by the Ind•.tstrial Transerenee England.
Board, an export body appointed by "There has arisen a great deal of
the Government to advise,upon what misapprehension' about money condi-
to do with Great Britain's 250,000 tions on the other aide," he said, "but
'Permanently nn.eniployed" workers there is no doubt that Great Britain
in goal mines and other industries. has lots of money available in spite of
"There are passages in that re• the fact that she is the most highly growth, and objects of the Scottish
part," Mr. Btu." nn says, "which direct_ taxed nation in the world at the'pres- Clans and auxiliary. organizations. By
]y or indirectly criticize the policy ent time. the next. St. Andrew's Day, he said,
of certain'd'ominions as to the .romp- "Great Britain thinks very highly they would have been in existence 50
tion of British emigrants. The do- of our country, and any worthwhile years. The order was founded on the
minions are independent sovereign proposal, as far as the raising of salient points of Scottish history, for -
states," he continues, "and they are money is concerned, will always re- ever emphasizing the truism that
entitled to feel aggrieved if a board ceive favorable response. Scots were always free men. It now
principally composed of British per- "The political situation over there has $1,330,000 in its treasury.
manent officials publicly criticized is very clouded. Even the Conserve- In 1924. said Mr. Machines, 1150
tives, who have been strongly en- visited the home country. Again in
1926 a party of 1,262 crossed the At-
lantic. The order of Scottish Clans,.
he said, was now nearly 25,000 strong.
While soots could confidently go to
the United States knowing they would
receive help from their "Ain kith and.
kin," Mr. Machines continued, they
must be willing to work and work
hard. s
A hearty vote of thanks was accord-
ed `Mr. MacInnes on the motion of
David Robertson, Glasgow.`
Crowds on the decks of the pleasure
steamer Waverley, which made a spe-
cial voyage to greet the incoming•
clansmen, lustily cheered the liner as
it passed and the piers of Greenock
and Gourocit were lined with enthusi-
astic spectators.
their methods, apparently on the .in-
vitation and with assent of the Brit-
ish Government. •
"There. should. 'be no such feelings
however; he adds, "19 it is made
clear that the report is for domestic
consumption .only. It contains a con-
sidered estimate of the situation
trenched since the last election, are
beginning to fear the outcome of the
next elections.
"According to my obserations the
returned soldier is very discontented'
and he Kos been agitating against the
present party in pgwer. I do not for
which Is a matter of urgent impor- a moment suggest that Communism
Lance to Great Britain, and it right will become established in England.
that this estimate should be made Men like Jack Jones and. Marston, who
with complete candor and freedom,
I hope the Dominions will realize
this and understand that the suctions
of the report to which I refer are in
no sense critical in intention, but
simply ,are an endeavor to place be -
0010 the British people, the full data
of a most complicated problem,
"No doubt the tone of the report re-
calls in more than one passage the
clays when the conception of empire
differed greatly from that of to -day.
In fact, the uneasiness In the Ilona)
of Commons' during, a recent debate
On the report was evoked as much by
its type as by its fact and by the fear
that a certain nineteenth century at-
titude of inind 7s atilt too evident 3n
our councils, But that is our affair
here at home which we can be left
to dean with,"
are the strongest agitators, have met
with no response, although they have
a small group of followers.
"The flapper vote will not help the
Conservatives' as the'majority is of the
working class which favors the Labor
party. While it is hard to prophesy
the results of the next elections,.tak-
ing it .as a whole, the Englishman
would appear to be inclined for a
change. The Liberal party has lost
its popularity, and while it mayevent-
ually come back into power it will not
however, be able to do so without a
hard and prolonged struggle.
Farmer—'Haven't I told you not to
let use catch you in this orchard
again?" Youth (running)—"You ain't
caught me yet, guy-noi'1"
An unusual coincidence in connec-
tion with the successful Hansa lant c
fight from East to West of the Ger-
man airplane• Bremen and its landing
on Geenley Island, is the fact that it
was the place where Jacques Cartier,
French discoverer of .the St. Lawrence
River, first lauded in 1534. .The island
is now a Federal birch sanctuary and
its early records contains Cartier's.
description of the birds on the island.
of it"
Gene made no definite mention of
his future plans and paid no attention.
in his statement to rumors that he
was about to enter matrimony.
Cancer Research
Louisville Courier -Journal: Co-oper-
ation.
o-openation. between the public and the
physician and surgeon is the chief
hope now of combattiug this terrible
scourage. Though a hundred years
may be necessary to solve the mys-
tery, the disease may be robbed of
much of its destructiveness.
First Creamery in Quebec
In 1873 the first Canadian cream-
ery for butter -making was establish_
ed in Quebec..
Amalgamation of Banks
Cleveland Plain Dealer: 'No such
concentration of banking power as
has been effected An Canada is like-
ly "here." . The number of American
Minkel, now about 25,000, will hardly
suffer great diminution. Newly
drganized banks are likely to offset'
the reduction in numbers for which
mergers will be accountable.
Toronto's Girl Winner
FANNY "1308BY" ROSENFELD
Von second in giris•160 metre event at Ainsterdiau,
F,e rewell Bidden
to "Ambassadors"
Party of Fifty Young English
Visitors Leave for
Canada
London.—London's famous Guild-
hall witnessed a unique dinner party
when the Lord Mayor, Sir Charles
Batho, entertained the fifty young
people who set forth upon a tour of
Canada, in the role of "young am-
bassadors of empire."
This dinner in the Guildhall, "at
which Rt Hon. L. C. M. S. Amery,
secretary of state Dor Dominion af-
fairs, was the principal speaker, was
only one of a number of interesting
farewell functions attending the de-
parture of the "Young Ambassadors"
for overseas.
Tho fifty young inen and women
who average seventeen years of age,
are the winners of the empire travel and is drilling its first well below
scholarship inaugurated by the allied) where the Home well is located.• They
newspapers of Great Britain who plan I are now down 700 feet and prepara-
tions to run a 15 -inch casing capable
of going to 1,500 feet are being made.
Directors include W. S. Henderosn,
president; F. R. Webster, vice -press.
dent; H. 8 Price; M. H. Staples, W.
Rowe and B. Harmon.
Increase Shown in Canadian Trade
Ottawa: June trade for Canada
was $219,842,365, an increase of more
than 911,000,000 compared with June
June, 1927. Imports are represented
by 9110,708,775 and exports, including
foreign exports, $109,138,682. This
was a balance on the Import side of
over one and a half million dollars.
In June, 1927, there was a balance on
the side of exports of over $6,000,000,
the figures then being: imports, $101,,
018,386; exports, $107,200,611,
For the twelve-month period ended
Remains in England June so Canada's total trade reached
The Rent Restrictions Act, a war- the figure of $2,385,085,964, dividend
time measure still in force and affect. between $1,142,004,4,94 imports and
ing millions of dwellings., to prevent $1,943,31,470 exports, a balance of men!,
landlord profiteering or the eviction ports over imports of $101,290,016.
of tenants where a small house prop Dividend `Declared "`'�
erty 15 concerned, is to be continued Loblew Grocertorias Company, Ltd.,
until December, 1929 Neville Cham has declared a quarieerrly_ dividend of .
berlain, tho health. Minister, an. 13!. per cent., being '.at the rate of 7 ,
pounced this in the Houso of Com per cent, per annum on the prior pref.
[
netts. Asked to consider the retro- erenee Shares and 50 Cents tier Share
septations made by the owners who on the common aliases for the quarter
• have been deprived of the use of ending August $1st, 1928, payable
1 houses they have purchased for their September lst to shareholders of
, own occupation, Mr. Chamberlain record at the close of business August
added that the Act would be con-• 18 The transfer books will not be
Muted in its present form, closed.
in successive years to send similar
groups to other British Dominions.
Accompanying them as director of
the party is Frank L. Lascot, O.B.E.,
who is the director of the empire
travel scheme of the allied papers.
Assisting him will be Lady Marjorie
Dalrymple, second sister of the Earl
of Stair. As head of the boys' group
there will be Kenneth Lindsay, the
leader of the First Oxford debating
society to visit America.
The youngest member of the party,
a girl, is 14, and the oldest, a boy, is
21, Thirteen of the party aro aged
17, and a considerable number more
are 16 and 18 years of age.
Rent Restriction Act