"AUGUST 6. 1930 z‘; w ‘t?

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PAG

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By LAIDLAW t? CO. Special to Johnston & Ward

XE“ YUP-K. i5"!- 5-5" Ollllllifl new! nznin today was devoted to crop

- ll but , rm-n umi wheat nellnnee dnmrlw" Qffilibi" "an >- (limit gnlnl

n! nu Blonds)". The earl)’ tone we: strong In -llln: movement developed which roliherl the nrtive lheilen of most of their Volume wle somewhat greater

the stock market did not follow as vig-

It in the afternoon n mod- thnn yesterday

but nut lllh-

- so. Activity m“ INN Iulrelnl mill tile lnrlgest trailing interest remain-

i: ll: , ‘mm ‘ nlrnted nn Steel. American Con. Rullin. General Bier.

ell rnlii-v Tile mom-y

qnyTREAL srocic zxcn-aso:

. ._ 5-,“; npen High Lm rgllligihitllll 3" l'-‘~"' ' -- ‘ ' l] Thlephnnc l l i ‘ ,. m». rim saw Riv. l I l .' 737% lirligl is I131». l l 211 - e i hi. l l I 1ft; i I hi0‘.- _ no clip n2 l .

. i- .‘ 09% BTU» Can.’ BANKS _ __ "J41 “i Tlfifl

__ V,’ "Jill

Open lltzh Low Last .\'t(‘h _ 4:11'7f7~1]‘l')l'lfi - l it’. "I

-,.

ufl]

fl? 4 1351.1

is "Jul; . loll‘. tor. :::=. n:

_ ' (‘.0 ‘ 607i’ 593'.’ 59 4 _ . '51P.‘ out: 0:21-51 em; -

_ l l 2T‘; __ _ mi. IITTUHR lln ‘—t'I. [l Pmu‘ .t ' 71'. 72H’ ‘ TIE —V\ [he .- .. tll/gl 42"] 41's 421-51

m; . was I little firmer with call funds advancing tn 2 1.2

end Vanadium. ner rent.

LAiDLi-HV AND C0.

. Vnplibl“ » llarlin . Myers

l .1414; 7-4 f 4T‘: 4GB; dill-L. 4|‘: .‘l*“‘."‘. fill-fig 103% i0'l

.\'.'|I l’ tQ Lt New flaw-u

N. i‘. Ve-urnl lot in“, lfit ‘lllll i '4 .‘-' Am (‘n llll iolklul 1m l._iq' Prick llitlurs i l5‘, Hi‘ 14=ul_i,; Far f‘ ins f.‘ (l0 .80 hilly I l irml

‘t 753i 7431s 75k‘ "4 Phil Pet ,. 71.31;.‘ TH} 33-1; "l. l‘ s» ("f .\" .l oil. 011',’ n: Plfllnlnil (‘n l it (‘iii-p .. .. ' i451; llnlliiv K (lvp l‘: Sills‘ .'_. item "flllii l i7. lrrul A‘ Si] Ilovnl Dutch Fe. rs llrtehk

so vurph Sim (‘u . Pacific S lfniluair Finn lru-ltl S (his .\~ l-Tlei‘ S'- llil of .\' .l' R (‘ill nf .\' \' Siluilelmker

'l‘ex:is (‘n ‘Fev (llllf Sui '1‘ llnl Rear l‘ Pacific . Ynilevl ("ilrp . I'll lL-lr. imp I‘ S in Aim . 0" 0

l‘ F lluhher . 21-,» 2l"u Ell.’ l‘. F. Steel ..'lfilll.l'i'i1\’|10i\i ‘lfifl ‘ —1§

may; i 21w

Vail Steel . MIR lnfl ‘ 00': 1007c‘- \‘.'.1l- Ilvfls (‘n ‘ fllli, ma; .",rl l fl". l _ “Wit Elm‘ . 149': i50"¢.l~1T'\.' H’) l —i~€ \\'nni\vih l"n .197: ill l ‘.0 ' 7-‘

v ri-ueh s .L‘l 20%| it.‘ ‘u... sisal w.

fiitibilEilT’ iiliii BUM. it ll HERE

Commissioners W i ll Spend Three Weeks in Biaritimes Invest-

’"~~i.?ii;; Feasibility of

' roposed Canal.

The secretary of the Charlottetown “n! o.‘ Trade has received s com- mlmioafiion from Mr. George w. Yiilcs. secretary of the Chignecto (‘Anal C0mmi£si0n' stating that the “mi-Kilian met in 0‘tawa, recextly and efs-cted Mr. Frank M. Ross of Montreal as chairman. The other com Jnissonerr. are: Mr. D. A. McArthur, Klilfsifn- Om: Mt. s. B. Balcolm. Wollvllie. N. S.. and Mr. J. J. Johr- FOIbK. 0.. Charlottetown. P. E. I. The Cr-mliiission has been appoint- 9d fa‘ determine whether the con- filructzon of the proposed canal “=4 l) v/rocedeu with. and to con- glgljlrffi iviiiiryginlo the whole pro- tiie standpoint of econom- Ilrh“ --1 15B 0r‘ disadvantage which is t cwcruc from its construction. trgimnivliients are being made by dz-umC-ouuniuion to hold sessions in. “"91" ‘Yfflllrcs of the Maritime H3101“. including Saint John. Hal- mi- 11.". Yazmowh, Sydney. Pic- ma-‘Alflliemt. Parrsboro. sackville, N‘ l-Ohctoun, Summ isle. Moncton ""1539. Chathsm. Bathurst and Wllbbeilton. Mills lfaritlmc Province trip is ex- mafi l'° °°¢11Dy about three weeks chm-f Commission expect; to be in Tho tetown on Sept. 2nd.

° sol-Merv of the Ohignectn Sig? (‘ommusioh ih his letter to the ‘ML-e ulle Board of Trade. states that lalmflmbers of the C mmissi are “go ‘ms ‘.0 secure the assistance and 1t zi-ation of the Boards of ‘Trade

‘ é-‘iof the places visited and to m the views of the business oom-

y ieiiflfllly. including suoh tn-" mjnb: "s ahlppina. fisheries, cos-l. ‘We - agriculture-more especially t; Qllnd Potatoes-also the views Qcéelsliors and marine men and M“ cPmliotent to discuss practical zaygailvn questions as affecting the skin“ Fimdv lfld Northurnberllnd hcuiThBBoardofTredeendeny we “twists desiring to appear will

"i Opportunity of mlking any ‘in’? representations. flit following i.s a copy of schedule ‘°~"P=hv1ns the Ordot-In-Ootirlc-

t:

d_.___

Commision desires to elicit_

Schedule

1. Of what importance to the trade of Canada. and especially to the Maritime Provinces. would be the construction of the proposed canal?

2. What would be the class of trade which would pass through the propos- ezl canal and how would it affect the Maritime Provincs. and Canada as a whole? ' '

3. How would the construction of the proposed canal affect the trade tof Prince Eduard Island. and what would be the saving in dis‘ance. and probable saving in freight. respective- ly, ‘between Prince Eward Island, Bay of Fundy and the Gulf Ports.

4. How would the construction o: the proposed canal affect the Bay of Fundy ports. particularly in reference to the trzaisportation of apples. gyp- sum and coal from these ports to Central Canada. and what would be the saving on freight rates?

5. What trade would be developed. through the construction of the pro- posed canal. from Central Canada to these ports, and what would be the saving on freight rates?

8. How would the proposed canal of feet the trad: of the North Coast of New Bruizmuck?

7. What would b2 the effect of the proposed canal upon Cen‘-ral Canada- West Indie; trade?

What distance by water could be saved, through the construction of the propozed canal. between Montreal

Fundy. Mo-rtreal and the Annapolis Valley. and Montreal and Saint John, N. 3,?

10. What are the possibilities of developing water power along the proposed route.

1i. What would be the dep‘h of the proposed canal?

i2. Would the proposed canal with a run from water to water be feas- ible; if not. how masy locks would be required? What should be the width of the locks and who‘, should be the lengths of the chambers be- tween the locks?

13, l/Vhat are the particular dang- ers. if any. to navigation in the Bay o! Fundy which would affect the op- eration of ships through i!" FWD"- ed oshal? l4. What class of vessels would be most likely to use the wormed refill?

15. What would so the ervhbie cost of the pf0P°9°d ma"

BAYREUTH. Germany. Au:- 5.- Seigfrted Welrner- we of ti" ‘WW composer, alohmi Werner. 419d h!" today from s heart attack at the I86 o: 61,

Within a few hours liter l-h! n"! became known most of the butlliinl! in the city w‘! mind with N!“

' i

and the headwafers of the Bay of-

l DOMINION OF l‘

CANADA Boivos .

l

(Special to Johnson t Word)

War Loan ... ... ,. War Luau Victory Loan . Victory Loan ... . Vic-tun‘ Lngn Renewal . Refunding Refunding llcfllliilllii. Refunding

Market Review

i

l ._ l, 98.00

i l

(Special to Johnston & Wcrd)

MC-NTPEAL, Glue..- Auz. 5.--Wi.'.h the holiday period now a: its height and with many of the larger traders away both tho New York and Cannd- ian stock marketthav: been cvzeed. irlgly dull. surpassing the lethargy of . the past month.

When the day to day tra-lln: leach- es a stage where it, is nearly inmos- sible t) lnalse profitable turns either way. the average marke: nperntori turns his attention to the securities,‘ that offer possibilities over 1h: no. ' range and as haste is not a requisiz " ill tffldll"! in a quiet market. he gives l careful study to the position of the varzcus companies as well as the economic outlook as affecting the ln- l dus-ti-ies in which these companies np- i crate.

An iiirliccticn that things arc quiet in the market can be gleaned from. the fKCt that rumors pert?!“ various stocks have been i. during the past few months. This is srtainly an indication that the traders have only a passive intcvcs . the market for the time bciniz, Ru- mors, in nine cases out of ten. are incorrect, help to maintain interests with resultant activity and good siz- ed price changas and enable traders to get in and around the street. it can be taken for granted that the market is starting to regain irs old status.

Net income of Dominion Stores in first six months of the current year - amounted to 3:44.436 as conlparerl with $268,724 in similar period of 1919.

l l

NEW YORK. Aug. it-Wall Street Mirror saysz-A sharp rally in com- modities and the refusal of stocks to - give ground under professional sel1-. lng has brought further rally into the E stock market. Better prices v. ill bei scan again today. '

One of the big factors in the sliii- v aticn now is that a crop scare is im- l minent. The continued drought in the west is simply‘ burning up the; crops and will do much to relieve the | over production problem which has’ caused tho drastic drop in farm pro- i duct prices. It has been the Cflllli-‘n- l tion right along that any concerted buying movement by merchants with bare. shelves would bring about a . stepping up in factory schedules. l‘ This is the nor-t step csoecterl in the i business situation to help along the _I seasonal recovery.

A stubborn short interest in the, stock market is now beinc giwui n". thorough test of its position and fur- l ther moving ahead of stock priccsl will bring sharp coverinn mcvrmenlz . all along the line. Stocks continua a1 purchase on days of weakness for, further advance.

LETTER’.

N-‘EW YORK, Aug. 5.-'I‘he market showed some weakness during the "morning but no real selling developed following which prices turned upward to close substantially hichcr for the day. Gran prices turned upward on reports of crop damage due to the, heat and lack of rain. l News over the week-end inrlicatcrl little change in the general business situation. The re-opening cf several automobile plants yesterday should stimulate some steel buying mid ihc usual seasonal advance in operations is expected. It is on such improve- ment that constructive forces in the t, stock market are depending as a bas- is for higher prices. - The market still appears essentially , a trading and professional affair in the 230-242 area of the Dow Jones in- dustrial average. l

NEW YORK. AUK. 5.-—O"l a light volume cf trading in tvestridayt: mar- ket prices scored substantial gain and closed practically at their top. mad- crshlp was good but there were no signs cf speculative effort. The inur- ket has recovered the greater part of the ground lost last week and may be the means of encouraging the bull clique which sponsored the July ad- vance to resume their efforts which were interrupted a week ago by a combination of adverse circumstances including weakness in wheat. rail. motion picture and many other spec- i ialty stocks.

In the latter part of the week tlfii- , ltles were under pressure but the celi- eral market demonstrated more con- fldent. support.

I

grade cf stocks were crnerelly in the most active demand and have madel the greatest progress in the way of. recovering lost ground. I U. s. Steel yisterday at 169% wasi only e fraction under its ton of 170 fOl‘ July. Stocks of this character of- I fer the best opportunities in the present market as the supply is .te.'id- t iiy being reduced by investment ub- sorptton.

The Harvard Business Service hos gone on record as predicting a rc- vlvsl in industrial operatlons soon together with the favorable forecast issuedby the steel corporation, this cflers l good support for those who feel that business activity after al-

uhsutoctotuiepowllwhflwfl"

~ the Commission. which I ' I: w the emit 1M 2min: sway of the 1"‘ "b" a‘ locate the building up of n tonsil‘-

rt“‘°l°i' of the intonation 210'

bled in the streulc w dim!“ "i"

monoculture!!!“

most a year of depression cannot be "r from a turn. We continue in ad-

totive m; range position in season-A

l

fluenced by the srength of the Win- nipeg and Chicago grain markets,

{yhere today were advanced ' two cents p?!‘ bushel.

for spring wheat flour and values are heafle-T ‘Vim wflfilmpllfln $1111‘ [were nmrked up w.‘ cents pa. barfiflfid the hot weather is having effec‘. 1.01‘ An “ms of mm feed were imim the quality of arrivals. Dealers are

‘creased 1.00 per ton. iccntlnued dull and

‘to the market was easier. Receipts were 3,518 boxes. The cheese market

steady. Receipts were 750i boxes.

fflgi. and values in some cases were

with‘ the Dumbeiis and the manl

lto lriends refuse to believe the re- ‘port.

t uitlicut

‘gagenient in New York, had no def- lcharutf-‘rlzalim °i

0d s-tcclzs but before adding to trad-

scmething more

'crcased $4B.000,000 and government It should be noted that the best deposit $11,000,000.

Late: Ma

(Canadian Press) to 23, delivered. cases returned. Prices l. ONTREAL. Que, Aug. b-Jn- to retailers are extras 33 t; 34, 111-515 31 to 32; seconds_26 to 2'1, l MONTREAL, Que. Aug. i-Egg re- cash graii-iiccipfs here yesterday were 3,293 cas- Qne t9 es as. compared to 1,257 cases on the

corresponding day last year. The. A STA-mg“ feeling was developed market here is unchanged. Receipts

l

rlces for all 111185 of

voting country shippers and produc.

The demand for all lines of butter “as m’ unwed“ e355 “m” 32 w 34; firsts 28 to 30; seconds 24 to 26. '

the undertone l WINNIPEG. Man.. Aug. a-Therei

has not been much change on thisl egg market with the excesive heatl having effect on the quality of eggs‘ arivivz. Dealers- paying prices for ungraded eggs to country shippers P-rc extras 25: firsts 23; seconds 18;? cases returned. Prices of graded eggs |:o retailers are extras 31 to 32; firsts 2a to 3i; seconds 2a to 25. l VANCOUVER. B. o. Aug, 5,00,.-.‘ ditions and prices on this egg mark- l THE EGG 353K571‘ pa: are holding steady and prices to‘ OTTAWA, Ont. Aug. a-Theremnsumers have m..a._.,ced “m, the‘ beeriniriuo-h change on Can- texcenlon c; chain smrap The“ are 3g nL-“liflbo during the past gm] selling e5 10w as 34 ca“ 1m, ex_

wrck. Price advances were reportedltru, although other stores are my“ from some markets. but this has not in; as h1g1, a5 33 can“ Paying pflb lY-“fi bl’ Bill’ 111E305 2809M!- les to producers for ungraded eggs TORCNTO. Aug. 5.-Tlie local egg lure. extras 26 to 27; firs“ g3 to 25. market continues slow with prices un- pullet extra; 21 to 23, Priod‘; to m: “rel. Dealers are quoting sou-try ‘tailors stores are extras a0 to 31;, 12ers ungracled eggs extraspfirsts 28 to 29: seconds 25 to 27. l . to 20; first; 25 to 27; seconds, 21 Chicago spot 24. November 23 3-4,

ROSS i-iAii/iiiuTON DEATH REPORTED DOUBTED-

i tOTOfiQOkTO. Aug.‘ L-Ross Hamil- i Hamilton. refused to believe reports

n» Bfmerly femcae impersonator , that he was dead last night.

“I am sure that Ross can't be, dfiifld." Al Plunkett, former manageri of the Dumbeils and now manager‘ of the Merrymakers. stated. “mere must be some mistake."

We heard these minors two weeks

It was reported from Kalamazoo,|a;o; I doubted gym-m than and 1 liflcliivan. where l-lomiltons doatlfldcubt them now. Somehow I feel \"Cl.5 rumored to have taken place two sure that we will find Ross all right.“ vs-eeks ago, that nothing was knownl Ross Hamilton was born at Am- of the affair. herst, N. S.. 37 years ago.

A vfilcc to Amherst. h‘.

remained quiet. with prices about

An easier feeling prevailed for

r-hsdcd one cent per dozen. Receipts \'.'c.e 3,293 cases. A reduction of 25 cons per 0 pound bags was made ‘in new local grown potatoes, A

t- t.

‘chose famous characterization of Mflfltrle is known from coast to coast. may be dead. but close Toron-

'= where i

Ln,

Will ' Iamllton, a brother of Ross Origin of "lilarjorle"

Hanh. .n lives. clzclteci the informa- l » _ _ - _

ticn that the former himself had re- “IMTJCH? was m9 Pmdll" 0f 5°]- ' ceivccl no news of his brother's diets‘ imagmltllmi She “Willa-led m

_a YMCA. but within sound of the guns, somewhere in France, back in ‘i5. Like Topsy, she "just happened",

ffci- Ross Hamilton. then a young marl of 22. had had no stage exper-

ience. l

l It was at weekly concerts of his unit, the 9th Field Ambulance Corps. in which everybody did whatever he could to entertain his fellows, that

‘Ross HB-milton discovered hLs ability

l‘ l

death oths- han a report broadcast by radio at noon yesterday. At an early hour this morning he was still cooking couhrmatioii of the report success. According to a friend in Halifax. Hamilton, was to Iiave ltlft New Czanaii, Comm. for New York §'0S§..':.'Z1Iiy.

Investigation last night revealed that the last of his Toronto friends to see Hamilton was Fred Emney, who met him in New York about three months ago. At that time Ham- ilton. who 111d b:e;i seeking an en-

, he had a fine reputation as a stretch- l ;er bearer. he became famous for hisf the bmutifull iiiite booking. l 3I3-"-l°ri°~ ‘ Captain M. w. Piuhhett and Al, It “'15 M 011° O1 ti" Bmbulfliwsi Plunkett, friends and associates ofimipy PB-"les that captain M' Wm ' _ ___ lPlunkett. now producer of the Mer- u rymakers, discovered Ross Hamilton. Jcaptaln Plunkett had been detailed! ‘to chcoss twelve men frcm among' ‘the corps’ many unit entertainment . groups to produce a concert corps for . the third division. l ‘. "When I first saw him he wasl dressed in a curtain from an esta- minet window," Captain Punlketti said last night. “l-le wore on his, _ lhead a soldiers steal helmet whichi irtlitiirglirsfifecifilcrcigissviliiiikcf oil production l he had cwexed Wm‘ while comm‘ situation in“ Texas will be held ambattinl; ffomWlifl first 01d 68PM?’ meeting of operators and other in- ment. withjcarrot tops stuck in it for length ht Austin on August B. ‘plumes. Yes. it was a swell hat. and z Stool: cvchalige .1"; to membermppss Hamilton w” the star ,0’ the

ing lines we would await technical iii- dicaticris that the present advance is than a trading swirrg.

Livingston and Company.

SIEMMARY

ilElv YORK. Au:- 5.-Stock of crude rubber in London on August 2. tctnllcd 30.359 tons. decrease of 46

‘on July a1 WCPC 83.649.482.207 com- .

pared with 53.121.711.239 oh June 2o Show? I and 57.473.791.294 on Jiill/ 31st, i929. But Ross Hamiltons ability BS 8|

Daily average production crude oil , stremhebbearer “only proved a_ in U. S. week ended August 2nd to- i deimpblow to "Mariam," “n, his- mucd 2498363 barrels mcrmse 20'. corps commander was reluctant to

514 barrels. swift. st Co. sells patents. patterns release him for entertainment.

and good will of its packing house equipment subsidiary. Mechtmlflfll Manufacturing Co.. to Aiibrikht Ne“ Co. for about $2.030-039~

cdcral Reserve boards condition statement on Jilly 30 shows increases l‘~.~ veck of $l40.000.000 in loans and‘ investments and $106,000,000 in neti demand deposits, time dePOSll-t W‘

How Dumbells Started.

Finally. the divisional commander. General Lipsett. later killed in ac- tion, granted two weeks’ leave to the twelve men, including Ros Hamil- ton. all of whom had seen active service. to put on their show.

It was a productive two weeks, for not only had plots to be written and rehearsed. and wardrobes brought from England, but the result we: such e success that the general. sit- ting inthe audience of the YMCA. hut at Gouy-Bervino, authorized Captain Plunkett to "cm"? on." m’! the little concoct corps became known as the Dumbells from the insignia of the third division. a dumbell on n grey background.