0

waived over Pitfield and Co's

Private Wire)-

YOBK, Feb. _ 20—Unitad mm: dune-uh we a sis- mgm Italian drivowaa in pro-

on the Northern Ethiopian

y, today. It was reported that

511F161!!! Babanogllo is aim- mg at annihilating warriors who in the region west of his line oi communication and advancing southwards .to

'1'}? Aswhaln

Rgpofl of the Cuba. Company. cgmanla, Cuban and Consolidated ggm-oads of Cuba and its subsid- w-igs quarter ended Dec. 31 shows m; loss $968,812 after faxes, inter- Qt, depreciation and other charges.

Ew YORIb-News from Japan m; improved and the latest re- are that the military rebels nave surrendered. Furthermore, it 1; reported that two high govern- merit officials who on Wednesday were reported slain have now been

"polled alive. Opinion is mixed among railroad officials as to the effect which the decrsae in rates will have especially on eastern wads. The president's tax message will be submitted to Congress next iveek and it will probably be some tme before it is definitely known how large a tax program corurres; will vole for and by what methods they expect to raise new revenue. Some of the earnings statements coming to hand are rather good for last year. NEW YORK-After some strength was shown in the morning trading some stock; sold off again in the afternoon although the following

r Morning Stock Letter’

16-111’ Wis quick and at the close prices were down but a little. Home lsappointment over the size of the Montgomery Ward dividend may have had something to do do with the selling. As a matter of fact, however, a wave oi second- B-Yy selling was due following the 11111‘ of Thursday and we are in- clined to look upon the setback yesterday as of secondary import- ance. It still seems likely that the lows of earlier in the week - will hold as the bottom of the reaction. Oils and utilities should do well as soon as the market is really ready to go ahead and irregularity now should be used to acuire the best stocks in these two groups. MONTREAL-The 24th annual statement of Imp. TQbBCCI Co. covering year ended Dec. 31, 1935 showed net profits of $5,843,944 as compared with 85,819,767 for 1934.

dends but before income tax ad- justments, earnings were equal to 56 3-4 cents per share in preced- ing year. Working capital at end of year stood at 317932336 as com- llaand with $16,475,655 the year m- o

IQ.

Canadian Pacific net earnings for January are reported as $612,- 572 against $204,313 for the cor- responding period 1935, an in- crease nf 200 per cant.

Brazilian Traction report Jan- uary net earnings of $1,310,482 as compared with $1,360,129 in Jan- uary 1935 a decrease of $49,649. This was the 7th. consecutive monihlyireduction but the small- est of the series.

After deduction of preferred divi- _

lvurmvc 1

(Canadian Prod) _

TCRONTO. March i-Coid shares held their ground on Sat- urday o Toronto mi market while oher groups developed a moderately heavy tone resulting 1: a loss of .54 to 141.23 in the mis- cellaneous Wnlnes index.

There Wag little doing in the senior golds. Teck Hughes and Holliuger had a moderate turn- over, the former at a gain of 2 cents and the latter at a loss of 1-8. McIntyre also dropped 1-8 and Pioneer weakened 20 cents.

Slow trading marked the base metals. iihlconbridge, Waits-Amu- let, Pend Oreille and Aidermac were down a few cents each at the close against a gain of 5-8 for Noranda. i

(Canadian Press) TORONTO, March 1-

Currencies

(Canadiau Press)

MONTREAL, March b-Lcuding currencies, led by pound stcrhng, dipped fl-actionally on Montreal guelgn exchanges Saturday. Ster- eased 13-32 cent to $4.98 17-

32 while the Unilcd States dollar lost 1-33 of one per cent at 3-32 discount. The French franc was off a. unall fraction at 6.67 37-32

66111.5.

NEW YORK, ' March 1—Minor price changes were recorded in Saturday's foreign exchange mar- kets . _ The Canadian dollar . extended its premium over the United flutes dollar from 1-16 to 3-32 of one per cent. The pound sterling was up 1-4 at 84.99 3-8 while the French franc, closing at 6.68 1-2 cents. showed a loss of .00 1-8 of .a eent.

MRI. Stock _, Exchange

a

yin-spun: a;- Pllfialul and Company embers of lllonlrsal Itools exchange

and (‘urb llarkei) llioolsa Oven Lin! iinthurat 14 11W: Bull Tel 1411 1451A 3% 3% l4 14 ll ll 32 81% 7 7% 111/; 11y; 14 ' 14% 35 a 337's C-Ina Suielt ‘Jill! 230 Dom Bridge illl iill iimu ‘Hicol 7 (l7 lhulll ‘Pox 741,-’; - 74 .4 imp Toll 141,-’; l4 ’ lul Nicki-i gull, 50,4; ilnnscy llul-rla 7 7 llluihlll Front 10% 10% Mimi Pow 83 ' Nit lirew 48111 44% Pow Corp 171/; Hliuwitilgan 221,4 225i; s: oi Can our; ' BANKS i ilk of (‘an ilk uf (‘om ilk of .\iil 11k of .\l\l 212 21'} 1U. 0f N. S. lloynl iii: s

M T"L. CURB

ifiupplletl lay Pliflelil uml Comply? Bonnier-n 0| lilnniroll ltoele exehginge lllll l‘urb lilnrkci)

iiim-iis Open Lint 1i A on 22v. 22 ilrnn Stores ‘ ' . F11"! 2.1 2o liuu ill 2:11;. 28%‘ luivr Pole um 3H1 \\ nllzrr (lnml

____... __.~_.-._._

New ~_Yorlz Curb

_.*... (Bilnuiuu n; rumour and camper-r llembara of blonlreal stock exchange and Curb Man-help

Miscellaneous

(Canadian Press)

MONTREAL, March 1—An eas- ier undertone ruled Saturday on Canadian Commodity Exchange produce section. Trading was light.

Butter Spot-Que grass 21 3-4- 22; Que regraded‘ 21 3-43.

Cheese Spot-Ont white i0 3-4 to i1 i=2, col 11 1-2 to l2.

Fags Spot—Ont A large '30 to 30 1-2, A medium, 28 to 28 l-2, A pul- lets 27 to 37 1-2. '

(Canadian Press)

Closing exchange rates:

At Montreal: Pound 4.98 17-32; U. S. dollar 99 29-32; franc 6.87 27-32. .

At New York-Pound 4.99 3-8; Canadian dollar 1.00 3-32; franc 6.68 i-2. '

At Pat's-Pound 74.70 fr; U. S. dollar 14.96 l-4 fr; Canadian dol- lar 14.96 fr.

In gold: Pound 12s; U. S. dollar 58.66 cents; Canadian dollar 58.70 cents.

(Canadian Pres!)

NEW YORK. March l-Foreign exchange steady. Great Britain high 4.99 3-8; low 4.99 l-4; close 4.99 _3-8; 60 day bills 4.98 1-42 France 6.68 1-2; Italy 8.03; Bel- gium 17.05; Germany 40.68; Can- ada 1.00 3-32.

Markets At A .

Glance

“(Canadian Press)

Toronto and Montreal-Indus- trial stocks lower.

Toronto Mines-Lower.

New York—Si.o'cks pllghtly lower.

Wlnn.peg—-Whcat 5-8 lo 3-4 cents lower. -

New York-Cotton and sugar un- changed; rubberand coffee lower.

THE OLD, OLD STORY

you may.

Within a garden at Creation's day

Therein to-work, its foliage to trim

Ere fruit oi knowledge taken from ifs limb

Era man with man contended for his bread.

Was Adam there to use his hands and head.

But then opposed to all Creations

an Came lust, the counterfeit of love to man To lead him on to fix each oversight Of old Creation and to set aright With lest tube. formula and micro- scope Till errors healed and magnified our hope To build ourselves a paradise. an Of scientific excellence and worth.

50, we must push our boundaries af

111M111 Open Lust earth Amer (lac Ilec 80% 801A,

Allan Corp 141/, 147

‘t scrv \ .55‘ 5

lglrc Bunli B 171A 1795

i-ord A

"in 11ml 9% 05;

._....,=

ar To weigh and measure every

‘I Professional Cards '_ McLeod’ & Bentley

W- I. BINTLIY, K. C. I. A. IINTI-IY, K. O. llarriatera and Atioroeya-ai-Law I NI! LOAN‘

. Office: II lieiunaod ltroct.

iii. ANFARMER .'.l......7t.*:‘r;......%.. ... noun" 1o ‘tout

riatlsiewn

Alex... W.» Matheson

_ star. _ ,

0r. to the mlnutia 0f 1116 186111

To search the secrets of an insect’:

- brave

But at each end Infinety on Illlld

To cum us back with nought to hope reward, '

and hack, mayhap, to what were horn undone

litre ours to solve the secrets oi the

. nun. _

Where science, politics. 111181911- trade

To battered remnants bythemaelvea

curate

Whil st k stained tlsrouglalout die land. _ t

But they. and all. can save mem- eelver-and wholr- . . .

Who'd feed the hunger on man- m .

d: soul . For honest work to honest MENU

ed. b. “m 4. ll. llselnaa.

Our parents first. ‘Mid 01083611 B5 '

Stork: Close Acme Oll 16 tun 68 Algnuin Alex '2 Anglo II 440 uhlvy 17 Arulileltl 81 Astoria 61/; lluguiunc 951; linrry 1i 4% llusu Slot 241,4; llcnii I 155 lilg Miss 08 lloliju 101/; llrulurnc , 070 lluff Auk 535 Buff Can 4% lluuk lllll ' l5 i a] Edm 122 i ul 011 11 f Ill Mill 117 (urlliou 138 (‘usllo " 150 (‘italic 150 (‘on Pnl 310 (‘hour 1m 120‘ (‘hlhuug 53 (llcrlry 41,5 (tonlnruni 230 Dollie 47% Elilfifllili). 11.’! li‘ llrlilgo . 025 Foil Kirk 7 Fruukllu 7 (lode Lake 132 (inlcnniln 23 (lncilflsli ~ 24% Grnhnlu ‘ 5 (lrnnltlll 22 Jlrnntloro 71/4 (In-one 33 (luuuar 88 lfulrrow 211/; l-lurlr- Rock 70 llzirker 81/; llolllngrr 15% llnmcutcntl 311/; ilowoy 117 J ll-Conl 401/1 Kirk Lake 4R Imke S11 57% lsnuuquc 11 lmllt-l Oro 22 1.00 Gold .711’; Lliili‘ ll I. ~ 705 ‘iluoxiasn 47:6 .\l:iu Emil 17 .\luuli~ l. l2,- Aivluty-rr- 43% Nli-lii-lizll‘ 140 Xli-Klnley 50 .\li*.\illlllli 01.4 1 Vliii"_ 35 him-Wailers 141i Xlinlcfn 1L! Morris K 70

v lilurnhy 41/1 Ni-irhon 31/4 Nipisalm: 280 Norunilg 401i’; Nor (‘nu 371/; (‘rllrlru 43 Olga (Ill 4% lkyvmuslur 7.1 Porrnn I41 Pvt (‘uh 371 Pnumur 400 Pick Cm 451 Plunonr I015 Prcmlrl‘ 222 Ours-xii 72 liorul Alith 7 Ilz-(l Ilnko 80% linno Gnlii 4 Roche 7% Iloyniltc 30% Quv-bon M 102 Sun An! 20f» Shorrltt 17 Nlrui- 321 so“ ’l‘ib r-i/l Sfrulu 3.‘) Rt Anlli . 30 Sui] llnsln 400 Suil (font 18% Sullivan 102 Hrlruulfo 203 Tnshoin 48 ’l‘|-ck llugli 500 Toxgu 400 Toliurn 135 Tuwugiuac 32 Ventures 230 Waite Amu 115 Wuysiile 17 \Vl|lfc Eng 8%

‘ Wllfauy C ' 7 Wright II 830 Tctul 8111i‘! 841,000.

UNLISTEII

Alilt-rmnc 10% (on Mun 23 4.'l1l'il'i‘|l ii 11% i Colirli: 2% ilul Ull I15 liust (‘r ' 8 liiune Oil 121 Hull Bu)’ 211% Luke \lur 71k “nimble ii N linwk 3% Ull Sol 0 1mm um . 2W. 1'3“ nul- K 4% Penal Uro I10 lwrc (fro 11 Preston 11 lillchlo 1% lluhb Mont 7% iluil Mince 61/1 Wood Kirk 71b

PRODUCE

(Canadian Pres)

MONTREAL, March 1- Egg, butter and potato prices moved lower on Montreal open produce markets last week while cheese held steady.

Butter ended ‘the week at 22 to 22 3-4 cent-a per pound for carlots or lees of no 1 while lots to ntail- ers were 28 i-i fol-solids and i-2 for prints.

Graded egg shipments in car- ioiaor leanweraiicoentsacoaen for A large and 38 for A medium. There were not aoou grads A- puliet eggs to estahi a mental. dealers said.

manta u u colored

Potatoes: Id I:- land mountains 60's 81.8 to 81-80:

0'a,ll.iil to 01.10am 'n~ m 16 m. . {a oiaa:

ay 3...... su- daily bread mu i011... i,‘

a. ll-i-I. m _ ‘an. (o .1.Q;_il_l‘\ It’:

24 ed, and of the population of

N. Stock ‘Exchange A

lleenbau of Montreal stock IIBIIIIIII and Curb Market)

Stocka/ Open LII! Am Can 12111, 121. Am Loco 35% M Am Bud 1131b 28 Am 'l.‘cl Tel 11a rm , Ain Water i’! 28 Anaconda 34% 418 Atchiaon 74 73 an Ref am my. Auburn 40 46 Bald- Loco 0 6 Bnlt Ohio 21K 2i. llcuillx Av 24 24% Beth Ht Ml 59% lirlggl Man 68 50 Can Pac 11y 14% 141 Case 114% 117.; Cbcl Ohio l,‘ 60 Chrysler 041/; 04% Com Sol 23* 28% Con Can 80 78% Con Gal Co 38% 8644 Corn Pro 70% 701A -Cur Wright 6 6% Deere 71% 71 Dupunt , 148% 148 7510C Auic Lite 41%, 411/; lfireelunu 31!,‘ 31 Gen Elec 4i. 387- (ieu Foods 34% 34% Gen Mot 88% 5i) Goodrich 5 Goollycur Tire 27% 27% (iruhnm Paige 4 4 Hud Mot Car 181.6 18% liupp Mu! Car 2% 3 Il Ccn 23% 26% int Tel and Tel 1722 18 Johns Man CO- 121 121% Konncuoit 371,1; 371/; Miss Pm: lly 31)’; ii 110m. Word 301/; (l9 llurrny Corp 107g 20 Nut Uush Rug ~27 21 New York N H 5 5 North Pac 4 ‘my, am Pack . o; 111.4: 111K; Paramount 101,4 0K Penn ll. ll. fill 35% Phil Put 42, 4.’) Pure Oll Co 20% 20% lintilo imp 12 121,4 ltndlo Kultli OI-llll 5% 8% 03 03 177,; 171$ 35% 351A 507/ 5101/» 1:11 131/; 7171/; 371,4; 1 285$, 28% I .1 if 7 1 l.n' ull Gus imp 17. 17 u ltuh 1o fsflg n s s» curb n2 031.4 Yuugillum 241/; 241/5 \\'urliur Bros l2, 121A \\":st Union 301/; ‘ (i; “'08! Air Brake 457;; 447/; ‘V0341 Pilot: 117 llii Wculwul-tli b2 527; I 4 P: ocluce Przces (Canadian Press) MONTREAL. March . 1- Wheat nor no 2 93. Barley C W no 3 47. I'lour, spring wheat patents, firsts 85.60. Flour seconds 85.20, Flour bakers 35-10. Flour bakers $5.10. ’ ' Flour winter wheat pateftts. choice $4.00.

Flour white corn $4.60. Bran ton $19.25. Short; ton $20.25. Middlings ton £5.35. Rolled oats bag 90 lbs $2.90- Hay no 2 per ton cariots $0.00.

~ Cheese Ont no 1 col 12. Butter no 1 22 to 22 3-4.‘ Eggs in cartons A 1 large 26-30. Eggs A medium 27 1-2 to 28. Eggs A pullets 26 i-2 to 27, Potatoes 90's P E I mfs $1.25-

8130. _ 90's P 1i‘. I cobblers 81.20 to $1.28. 80's P E I mts 81.10-81.15. 80's P E I cobblers 81.05 to $1.10. 80's N B mts 81.05 to $1.10 80's Que mts $1.00 to 81.05. 80's Que no 2 90 to 95. 10's N B mfs 16 1-2. - 50's N B cobbler: 75.

~ TIMBER WOLVES

BECOME’ MENACE

REGINA, March 1 (CID-Large increase of timber wolves in nor- thern Saskatchewan has resulted in the government deciding to place a‘ substantial bounty on the mar- auders.

The packs have boldly invaded settle’ areas in the north. Home specimens shot measured six feet in length. Wolves left their nat- ural haunis north of the Church- ill l-‘tivcr, following woodland caribbo driven couth by heavy snowfall. Large packs are in the vicinituof giudsons Bay Junction and Nipa-

n.

Hunting in packs of six to ten they are depleting game animals. particularly ln the eanctua, at Prince ‘Albert National Park. From Nov. 1, 1984. in April l, last, 238 timber wolves were killed in Saskatchewan.

BALE!) HAY RINK _ PBOVES SUCCESS

mums. sun, March i. tor.) -I'armers and towmmen of Siiton, 40 miles northeast oi Regina, had not. enough money to build a reg- ulation rink in which to play their beloved curling games. They had plenty cg originality, however, and a "baled hay" structure, fimt of its kind in Canada, is how the scene of their efforts with broom and ltane. It cost 8180.

Twenty rinks can be acoornmodlz:

than 1000, there are l0 men and women curlers from tbe- town and

district. . , _ DiroctedJiy f4‘!- M. ‘lbompson. a ‘ tiee , , (a hay-baier Mnovad on" Lake marsh. norm of voiuntlem loined them and soon h of bales 0f hi! were‘ available. -

ioof. tlunielous spaces in aide walk fgrjxjfidews. ‘

no kn

l.‘ G d th S ' f 0o 000 C d‘ ” 5,5 ,_ ana ians 1' non. cuss. A. DUNNING L Minirter o] Finance f .; HE Honourable (Jias. A. Dunning, Minister y homes intact, relieving distress, educating children l.‘ of Finance, very aptly describes Life Insurance and providing financial security in old age. ‘ as “the greatest economic trusteeship within the _ _ _ . . ,, Second-These Life Insurance Companies in boundaries of this country . x Canada are responsible to more than 3,500,000 "M1111m15 o1 small 11171151915,” P011115 o1“ M1‘ policyholders for the administration of savings .; Dunning, "rely upon this trusteeship to handle for totalling more than Two Bimon Dona“ ' them their small savings in a manner which would f be impractical and impossible for them to do Tbhd-The “9911171111311111 511711185 111111959 P°11°Y' - themselvesy ' holders benefit all Canada, through investments in A‘ 1 Bearing out the truth of the Finance Minister's ho?!“ and farms-"fustries aid uuhtlgs- _ 1 smrement are several important facts: Govemmem and Municipal securities‘ ' First-As trustees for thrifty people, Life Insur- Every Canadian policyholder can feel justly proud 1- ance Companies distribute millions of dollars each of sharing in Life insurance-Canada“: “greatest year to policyholders and beneficiaries -,-keeping economic trusteeship". 'L'f ‘I r n c l G u a r d i a n Q b-illf '"

Legislation

(From the Hansard report, House of Commons. Ottawa, Feb. 18. ) House in committee of supply, Department of Agricuzture: Health of Animals, administration oi Ani- mal Contagious ‘Diseases Act, and Meat and Canned Ibods Act, $1,- aooaoo.

Doug's Disease

MR. LEADER: Before this item carries I would like to ask the min- ister a question that has often been asked of ‘me. Is it ‘the intention of the government to investigate the prevalence of Bang's disease? Fol- lowing that up, is it their inten- tion to carry out tests. and if the cattle are found dlaeasesd. to slaughter them. and will the own- era of the slaughtered animal be

eompensa‘ ’ as in the case of tuberculosis? Mr. GARDINER: The depart-

ment has been investigating the spread of Bangs disease and has been doing a good deal in order to check its spread among cattle. As a matter of fact as I understand it w: would be compelled‘ lo do so. whether we desired to or not. be- cause oi regulations particularly in the United States with regard t0 the export of cattle. All the cattle that are shipped in the United States for dairy purposes have to be tested by the government here in order to prevent infected stock going to that country, which in the end might affect our trade with the Unitkd States.

So far as the question of destroy- ing the animals is concerned. I do not think there is an regulation at tho present time requiring that this should be done. There is a regula- tion which requires the marking of animals which have been lasted and are found to have Bang’: disease, in order to safeguard those who may purchase breeding stock, so that they may be protected ' ‘ pur- chasing an animal that has this disease. So far, however, no pro-

26 vision has been made for: paying

for" any animals destroyed, and 1 think I arn right in saying that theta is no regulation which com- pcil the destruction of these .anl-

Ir. LEADER: I believe the min- ister is right,.but the day may come when the government will have to do something in regardto this dis- ease. Prom my experience, in~ some btales not only dairy cattle but beef cfltle as well must be tested for this

ltates, and I always have my cattle liflkfl for this disease. When the comes» that the government

mun unldertah work of this nai-

‘Health of Animals,

In House of Commons

fillet. I ship cattle to the United‘

Discussed

ure and compel a test, I think for the protection of the live stock industry of this country and also for the protection of the human race, as the hon. member for Broadvlew (Mr. Church) pointed out today, animals found to be suf- fering from this disease should be slaughtered and the owners should receive compensation. . . . M11 THOMPSON: I understood the minister to say a moment ago that the diseased carcasses went ‘to the tank and were largely used for fertilizer. I should like to ask if it is not a fact that when cattle: are inspected and found to have tuber- culosis. tickets are put in their ears marked 8TB”. so they may not be sold to drovers and go into the market and be used for human food.

Mr. GARDINER: The animals that are tested and found to be re- actors in any of these ' areas or

are there would not be used as bu- man food. ,

Mr. MacNICOL: they be used for? Mr, McCANN: How much of this estimate was appropriated for pre- vention of these diseases? It ap- pears to me to be utter folly to con- tinue from year to year to spend large amounts of money on con- tagious diseases among animals un- less at the same time a. positive ef- fort is put forth to ascertain the causes of these diseases and dis- cover some method of prevention. I should like to know also whether farmers are supplied with vaccines and other means of prevention free of cost.