~ -:
. ,l
AUcUs'I"22» 1932 _ - THE cHARLo'r'rEfrowN GUARDIAN _ _ PAGE prva
Z 'H 'T = _ m } 1?' y -_----- . _1-
 
__-_ _...____%
Y _.E
’ TIONS
ESTERD STOCK A D B   A ' 
Y     0 QCTA
 G A Stock Exchange\
Illl
A (Canadian P )
_"aa L Cooley, Associated Prana liaois Central New York Central vu H1 1, L
'O7 Financtal Writer) no a fnc2on°_ but Union Pacific, af- itgfucuemgcu ,__, __ 751/, ow-cm"
53
10%
in
iss;
.ii'i‘,i
\-EW YOItK_ A111. _21'-TUG l¢°Ck ter saggin 1%, failed fully to recover Aulencuu cu, __
market was ovsrk_shnd_;1x:¢_’i_n!Bl_§il'd__l! closing off %_ net, Uni_ted Fruit wad Am Te| T91 ___
the ltili hrls y a K fi 'i ll limflif specialty, closing nearly 8 Anuconda Cop ,_
points higher at 80|A_ or 20 points Mcunuu ___ ___
above the year'| low, The company Auburn gum ,_ ____
is said to have effected substantial Butulehem sgsei _ __
operating economies. can pueme ___
Standard of Kansas rose about a Cu" Tm-8,1, 
|_l_oi11t up netws gf aalodor sum; gf its cummuumh 50|,
roper ea o an ar o ans. _ ,_
(‘hrysler ained about a oiani Chun" Mom"
by were at least able to
Ymifhflftfsthe r1\ctionary tendencies
"m:|,s previous session.
nfsnnrcs sagged a `pnlnt or two here
'| there in tho first hour but came
'Y'~k in the'last hour to finish with
"‘",,uu,|,er of gains of fractions to
“ ,___ ‘Mn a point in prominent is-
'm,..l The turnover of 001.350 shares
:ff,§'tila smallest for a Saturday ses-
sion in four weeks. _
“nil shares stiffened in the last
h_,,,,_ onappearanca of the weekly re-
nri of the movement of revenue
;;,.;u1,[ showing a total of 512,431 cars
lu ,hs week ended Aug, 13,
imong rails gaining about n paint
fn- Chicago and Nortbwcsterll Rock
.--
' 5 T’ ' “ ° Cal Gas Elec ..
fnir turnover and such stocks as Am- Com products __.
erlran Telephone American Can, East- E 1 Dupont ___
man, General Electric, North Amari- F" Film __ ,__
can and U. S, Steel, closed about ua- Gm Ewen-ig __ 
°h“"3°d» _ General Foods .. 1..
Outstanding among the days devel- guodyem- pub __
opments wus the conclusion of the, "cum," 0|; 
Ottawa con erence_ with indications Huuu M,-,ton ___
that American exports may he some- Huuuuu _“uw”
u., _ d 0___ _d __ phat hampered, particularly of stcel, Int Hurveuteru _
lsi11irl_ Baltimore an o_ an - textiles and possibly wheat, lm Nickel __ __ ___
f Int Telephone 1.. ...
Kell Copper ... ...
` Montreal .i.""l-‘i.*ili1."‘_’.  :ti
Crain Market
(Cnnadlim Prsaa)
CHICAGO
ppl(‘.~\GO_ Aug, 20-Wheat tumbled
,n,|,,\» to about 7 cents a bushel un-
ll.-r last wcek’s high Diiini
izoncral selling was induced by re-
iorls indicating that Great Britain
:___,,,|,| ,.2-ltllbiish 6 cents preference on
win-111 imported into Great Britain
as
,»,._,,,, llritish Empire sources
.,_..|l`nst wheat originating elsewhere.
117.-.unless of the ivlnniaes when!
,,.,-11-in-t had a decidedly unsettling in-
finrnro here as the day drew to an
ein
i
\\'in~11t closed ne vous_ 'ig-1 cent be-
inn- _vt-sterda!'s finish corn ‘.6-'Va
u,.“||, oats ‘A-55 off_ and provisions
inn-ll.-lngod to ii rents nit..
\\’INNlI’E(l
\v|N_\'ll‘EG, Aug. 20-Late rallies
)n.i,~ir1d wheat prices slightly from
5.-;1_-olial lows near the close but the
rnllv value too into to offset il mid-
fl-.-.flan selling wave and wheat closed
11-liil substantial l0sses_ Prices at the
cl.-_-c wore 11,1, lower for thc short
11-1-1-ll-cnll session.
in-ioiwr dropped to fills; :December
1.. .'.-l1,'._ while lilay finished nt ii0%,
‘rin-rc was coriiiirleriibie purchnsinil
pd- export ncco\1nt_ cstinlnics rang-
pl-; upward close to the 1.(l00_000-
hn.~ln~l mark, Further heavy selling at
n1idsossion_ brought nn by increased
in-liizlllg press\l.\_ ho\vever_ sent the
nlflriu-t into new seasonal low ground
for the three wheat futures.
.\i the low points, declines of two
miss were recorded, October, at 54%,
di|»\n~il 11-3 cents heiow thc previous
inn mark for the season; Decclnber
al .'».'»'i§_ was iii cent lower while May
[1 1:41-'1.', -reccdcil 1% cents under the
pn-iiolls low mark.
CLOSE
\\'nc.1t: oct. 54141: Dec. 50%-V.; M111'
tai.-ill.
Unis: Oct, 241413: Doc, 2~i\KaA.
Ilrlrlcy: Oct, 311/_B: Doc, 3154A,
CASH PRICES
\\'ln-fit: No_ 1 haril 55‘.{i: no. 1 nor.
51. no. 2 nor, 50%; no_ 3 nor_ 40%;
..._ _~. 4:1/.: no. “ 3111/.;
irn.-k .'»1‘i'<: no. 1 tlllrum
ill:-uni -ISM; no_ 3 durllni
lriiul Il\"'s.
i
I 11,11-: .\`1\_ 2 C, \\'_ 25%?
""_'11_v_ l feed 24'V»1i1lo
feed 33%!
54%: n
40%: 11
.°.°
ls-lo
no_ 3 C. W.
1 feed 237/sl
no '_' for-d 20%: rej. 15%; track 24%.
iilrl-qv; 6 row ex, 3 L‘_ W. BNA: 2
. W'
\V.
7..-1 rx, Ii (_ \\'_ 34%: no. 3 C.
Y, 301/42 n0. 5 f‘.
_ .5
_
_'-
a
" - nn W, 24%: track 3111.
New York Curb
e
_fl
(Canadian Prraa)
stork; High Low Close
.' 4% 4V 4%
,inn-r Cynnamid B
Alu Sllpr-r Power ...
Assn uns Elec A ...
<‘:1|~- .\‘cr\‘icc Co ..
4*.-rd Corp .. .. ...
lIi.-.- llnllll _Share ...
ilnll i>il Corp .. ..
.\ulrllrll lludsnn . ..
Sid iiil indiana 
$111 iiii Kentucky .
5|/4
3511
22%
38
17%
.4
li
3%
211.-5
:lm
11
5 .
4%
5'/it
3%
22%
as
11%
21
12%
(Cnmallliln Press)
High Low Close
97'/1
1%
10
25
ti
al/s
5
87
2’/1
16"/11
6%
Stocks
Bell Telephone .. ..
B C Packing ... ...
Brazilian  ... ...
B C Power A .. ...
B C Power B .. ...
Can Car Com .. -.-
(’all Cement  ... 5
Can Cement Pfd ...
Can ind Alcohol ...
Can Pacific  ....
Cockshut Plow . .-
Dom Bridge  ...
Do Stcei Coal B ...
Fraser Coy's .. ...
1014. 01/.,
251/, 21
4%
2% 2%
18’/5 lil
2% 21/4 25s
00
Gurds .. .. ... ... ~ 12’/i
Haul Bridge  ... 4 _
Int Nickel .. .. . . . 11% ii'/A We
1
Lake of the Woods . 7_
Massey Harris .. ... Us
84
16%
DT/s
Mont Power
Mont Paw 3% deb .
Nat Breweries .. ...
Nat Steel Car .. ...
Qllcbec Power .. ...
Shswlnlgan_ .. .. .-
Steel _of Canada ...
341,/4
-1055
17 v
10
11
1o__
1.
151/2
lo
at advancing prices at country boards
in Olltario over the week-end, and
prices are dlle to he pllt up here to-
n big licinanll fer British importers
ill evillellve lnst wack, nt rising priecsi
wi h stlltistlcs bullish and with ro
rcnl, apparently being nn an old oh
llcr as the local market is nhnvo an
° Quotatiom ‘
i
' 1814
urn steel ivln-es  1% 1% lit-
l\leColl-Fro ntcnne sg*/.l
:il Pacific 11ra'I.
Mniltgomery War
\' h lil t 1’ 
   Yogkn Sentra
Packard Motors .
Paramount Pub
Pub S
Ilsdio
Iiadio
Scars
South
South
Stand
Stand
Siilriii
Texas
Texas Glilf Sulp
Tim l'ioll Boarin
U Carb Carb 
Union Pacific ..
United Aircraft
United Corp 
United Gas ln.lp
ll S Rubber ...
ll S Steel.. ...
Vnn,SteeI .. 
Warn Bras Co .
Westinghouse El
Woolworth Co ..
Worth Pilmp ..
Montreal
morrow as ll rcs\1it..'l‘hc cheese mar- F' h
llet seems bvalled for better days, with 
t , Tl ‘
dilution now on the iiccrcnse_ Tho
market ended' theowfelg here gclllcorusl- B0§T0,`,(cf_',':_';‘:'
ly ni. 10111: or nnros, ani ir ` " ‘ "
for Queile/cfs, Exports last week to the _ "I" "r"";f`;‘“;'1f'_u§2"
illliied Kingdom from liiontrelii to-1, '-
inllcil 5ii_."l-15 buxes, highest volume ______g__ md
for ally week this she_nsoll__and_ hrllnizé \,____ke,_ md" "'
ing thc season’s s pmcns o a " " "
to 4:1s_1i»a lm(-s, against :l23_1i1ll box- f§::§§___;,-_-  
es nt the same time lnst year. Re- Q , U h'__ __
rt-ipis for the week totalled 41,214  ‘:______,_____,
bnxas, .
liniier was disposed to rest at 10“Ac '(1,::_;:l:_"r_':__,,;__  _
per lil, ut the close of the wcek_ after . ‘ _ _
all advance from ilnder 17c to n top HX',f:_‘i'E_‘,'_:,q_"\",_'__`{|O
of 'Jac in the last few days, A total hp, ‘,,__,_; i, ‘un
of 1.300 boxes of butter went to the “___-,_,__e _md 'MM
llnited Kingdom last week from Mont-
‘ (Canadl
_Price th mnvelllc
w th n e narron
>BAN|;§ llrday's week-end
hti1;¢_-__ t'1_`_hc priu_e_
' . ... ... 167 w e mar 1-
R95” " ' and inactive aff
Wall Street asslll
’*1'*”*-”’f" air of dililness
sessions during
prices exhibiting
 toward the close,
iorl of irregularit
____ `ant news of the
lpcnl street was
ending of the
(Ynnndiln PIGII) Conference and
1 rl li
l\loN'r1lnAL_ ang. 21-cams solo f,,;l'§__,f_“ ""’“ B
d..
l`II
1.'
an
__.._.
n'.'f
g ¢
ec
18%
15
53%
3351
131;.
Els
al-14,
4%
1s-1,.;
cos;
1s1,;
iii#
g;;:l_,
sw,
11
li
30
1 OM
1-11,,
21131,;
111;
ll-1'.
Sis
21
2:11;
111,;
1.11;
211;
:l:l=1;
1.111;
21
1111;.
'-3~'1"5§
11111,
11111
10‘_i'l
19
41
16%
ew
=_.
~s
18
7491176
8%
41111
4111,.;
11=1l
14'/1
49941
3%
Will
14
411y,
33%
4'/Z
1731
27% _
18
0%-
cs
s1.;.
1 rl-'11,
1 01.;
35%
10".
141;
25
mf.-
47%.
sis
2011:,
:ict
101;
1.1
'.1o1f_.
:1:lf1;.
151;.
20:1,
1S~'¢»'.
94711
as
105;,
lo
181;
710'#
15%
.wi
:lm
11'.;-
Market
5l,~g 521/4
108'/_\ 100'!/5
9
48%
824%
18’/4
147s
53
3%
131/it
14%
-42%
34|/fs
4%
18’/A
21%
lsii
lil
Ssnu
8%
11
10-'-4.
38%
il
1014,
101:.
111/
' /4.
2ii1_,
3%
1111;,
-l7 ‘£1
sli-
111.4
2111/_,
'Jil'/4,
ll\,§
15%
2116
3:1'/1
1511
2061
ling
25
Iiil
1011;
.i0
ltlfii
.'i‘,{¢
40714
1il1§
.11 -_
Ii.'»‘§
1111
Siiieiights
nn Press)
nts were confined
-1-st of limits in Sat-
scssion of trading
trend was irregular,
a gcllcrally nnrrniv
air. The market in
neil in the lnaln an
typical of week-end
thc summer, with
rl rallying tendency
lifter an cnrly por-
y. The only import-
dny so fnr as the
conccrlllul was the
lnlperlnl Economic
the promise of con-
in the agreements
nn Press)
l, 'Ji-Sir ves-
-. plcr ycsicrilay.
I'Ill(‘Eii
ccnispcrlli,
to fl
' fit-
.\Y.E
... ~i
... 2|-Q
... ii
... lil--Q
-. .`|
... Iii-L
.... Il
-i
5
to
tn
to
tn
to
to
io
to
uotations
i
:iii
1
lille
11
-ilé
1
fi
wer, Irene rind Mn-
r1»gos_ _/\1nr1rii':l_ J0-
, 12% 12, . iz
l.a Lt l‘awer A ...- 8 7-'tl 791 _,mn hu", t,,u,||ed 32305 h¢,xes_ mm. _
, _
 tailera being quoted 'g jobhers at 22c
for solids and 231: for prints.
§li1.\'l‘lktlAL, Aug. 21-lll\rley_ Can-
silinn wcstorn_ lm. fi _-ii; orlts_ Can-
11dl.|n n-elsif-rn ao, 3 _7’l; oats, feed higher prlces_ with production dc- Stocks _
no_ 1 _IlT; flour, spring whcnt patents_ 1-lining and best eggs getting harder Ilealiilnrnol-1 A . ..
ii;~.i_- -LSO; fif\ur_ seconds 4_20; flour. to obtain, Newly arriving fresh stuck lllg Missouri 
i1.|kl»r.~1 4_i0; fio11r_ winter will-at pat- from Ontario or nearby polnts_ in Iirtish Ani Dil ..
rin-, vhoice 2.75; fifiilr. White 001'" rnriots or 1ess_ ended the wecl: at 24c `Donli11lon Stores
-i-'lug l1r.1n_ tan 10,25; shorts, ton to 251: for extras, 184: to 18'/ic for Imperial Oil 
'.‘1;_'.'., middiillgs ton 2035; rolled firsis, and 141/,c for seconds. Prairie imp< Tobacco 
111l:=_ ban D0 lbs'. 2,00; hay no_ 2, per eggs were ranging a little lower. Re- int Petroleum ..
1-»n_ car lots 1l_00: rhcf-sc_ Olitzlrios eeipis for tho week were 10_.'1S'.! cases, llloss .\llni1s 
-l'l'.-: 1~hi1esc_ Qiieimfa _i0\,{.; butter. The potato market eased during the Nnralnlfl  
:no_ 1 finest 10%: eng fresh specials week owing to heavy supplies of new Page-llerscy Ltd ..
in »»:lrinna _l-it; eggs_ 1';-1-511 extras ln locally grown stock ‘ becoming 35c Siscoc liiincs .. ...
rllriolls _2il; eggs_ fresh firsts in ear- per S0~lh_ bags, Trek l'{\llIhf‘5 -- ---
.i_l_-ns _‘2s; Potatoes, new Quebec. 80 Walker, lliram .
,.
butter, continued to advance last
The egg mnrllet_ like cheese and ~
_v, Fnlnlgiia
week, and also seems headed for (i`nl1nd|-\1 Prrns)
High l.mv ('los1(°
05
18%
10 D1;
export price now_ Butter exports to   Z
ibe l'nltcd Kin dom so far this sea- e 
, pared with iiil,?52 btuxssnnt shi: tim;
Inst ycnr. Recs pts o ii er as wee C b M k
were 14_3il£i boxes, .~1l11:lll lots to re-   
lib
1§_l/_|
.'14 :l:l15
1925
]!i‘20
90 S7
3511
7
iliié
no
ll
10%
1.~%‘,f.-
ln
s
12
:l::‘»'_-
1021'
111%
ss
‘S
111.’
il1,,',‘|
3 4
..-,/_
United Kingdom
OTTAWA, Aug, 20-(By the Canad-
inll l’ressl- The following is tho of-
lll-iai suluillnry of the agreement en-
tered into on Saturday between Unit-i
ed Kingdom and Canada. 1
Agreemcnt between His Ma_iest_v‘s
gnvcrlllnl-nt in tho United Kingdom
ilnd llis 1ln,i11sty's government in
Canndli: |
Artic-io 1, ills l\la_iesty‘s Govern-
nlcnt ill the iinlted Kingdom lillller-,
take ill:lt orders shall bo marie ill ac-i
corilill11'e,1vllll the provisions of sec-1
tion 4 of the llllport duties act, 1032.'
which will ensure the cantlnnnncc
nm-r ine 15111 Non-mner, 19:l2_ or sn-I
try free of duty illto the United;
Kingdoln of goods mllslirncd from;
any port of tho Ili-I" `- Empire and,
grown proilllccil nl' _ ilfartilred il1_
Canada which by 1 ` nf that act
are naw free of duly .~:1lllject_ how-,
over, tn the rcsorvlltlolis set forth in-
scllrdllle appended hereto, i
Article 2, ills l\&jest,v‘s Govern-
ment in the llnltod 'lngdom will in-I
vite Parliament to pnss the legisin-1
tion llecessnry tn impose on tho for-7
cign goods spcciflcil in schedule Rj
appended hcreto_ the duties of cus-I
toms libnuni in that schcdiilc in i‘l.'lr~f1
of thc duties (lf ally) now levinblo. i
Article 3. His 1la,icsl,v's. (lovorn-_
nlcllt in the United Kingdom 1li1df=1'»i
take that ihc general ad vnlorolll,
duty of 10 per cent imposed by sei--}
tion l of tho import dntics act, lD?l2_
on tho foreign goods specified ill’
st-bclllllo il .shall not be rodiiced ex-i
cept with illc consent of His .\la_icsty‘s’
governlncnt ill C.”l1lniln_
Article 4. It is rlgrecll that thc duty
on clther wheat ill grain, copper, zinc
or lcail IJ provided in this agrou-
lnent may he removed if at any time,
l-lmpirc producers nf wheat ln gr.1ln_;
copper, zine and load respectively uri-_
unable or unwilling to offer those
colnnlndiiies on first sale ill thr-
Uniicil Kingdom nt prices not exceed-
ing the world prices and in qufmti.
tics sufficlollt to sllppiy the rcqulrc-
ments of thc United Kingdom cori-
sunlcrs.
cams msn-ieilona 'lmnllflrll
Article 5, His l\l:ljest_v's govern-|
ment in the United Kingdom will in-,
vile Parliament to pass the lcgisiu-i
tion necessary to modify the conili-V
tions ilt present governing the illl-
portnliou ilito the United Kingdom of
live rnitic from (‘llnalla on the lint-si
nlreaily ngrccll upon in principle bl--F
`twel1n themselves and His Ma_lest,\"s
govcrnlncnt in Canada.
` Free Entry uf Bacon
Ariirle 6, 'His )Ia_li1st,v's govern-|
ment lil the l'niir1d Kingdom dcclare»
thai it is their lnfelltlon tu nrrnllgo!
as sonn as possible nftcr rl~1-oivlnl-I
the report of thc colnnlission now sit-|
ting on the roorgnnlzniioil of the pig
ln1lusir_v ill the United Kingdon1_ for,
tho quantitative rcglllntioli of the
supplies of bacon alld hams 1-nmiliir.
on to the United Kiugfiolll lllllrkct
und unilortulic that in 11111' iegislll-E
iloll which they may silbnllt to Par-,
llnlnf-nt for roglllfllillg tha supplies nf.
b:1l'ol1 and llanls from illl sollri'i~s in-|
to the Uniicrl Kingllonl, provision
will be lnado for frcc clliry of Clin-i
adillll bacon and hams of gnrnl quill-1
ity up to n maxiinuln of 2,:`i0f\_000 cwt,
por nnnilnl, “
Arilrlo 7. His lil:i,iest_v‘s i:nvern»
mont in the llnltod Kingdom will ln-
vito Parliament tn pass icrislaiion
which will secure for lt period of ten
years from ihc date hereof to tobac-
co, consignf-il from any part of thc
British Empire and grnwn_ prodllccd
or manllfllctilrcil lil Canada, the ex-
isting margin of prefcrellce ovcr for-
eign iobacl~o_ so long_ however, as the
dliiy on foreign ullmallllfllcillrorl ta-
baccn does not fall below 2-0 l-2d per
lb.. in which event the nirlraiu nf
preforcncc shrill bo equal to thc full
dilty_
Other Empire .llnrkcia
Article D, His l\lnjcsty's govern-
ment in tho United Klnizdonl will ln-
vlte the grivernlncnts of the noll»sclf-
i:o\'ornillir Coioliics alld proicvtoratcs
to accord to Canriiln any pr(-fl-rcllcc
which may for the time llcllic bc nc-
cordeil to ally other part of the Brit-
ish lllilpire, provided that this clause
shnli not extend to any pr/-fi-ronces
accurdcil by Northern Rllodosin to
Ihr' Union of Smith .\frlc:l. S11ilthern‘
iihodeaia and the territories of the
S1-ull. African High Commission by
\'iri_nl» nf tin- customs ngrcr-mont of
l!i.'i0: and further will invite the gov-
orlllllc-llis nf the colonies and protec-
tor.-lies shown in Schedule D to lic-
l-ord to Canada new or additional pre-
ff`1”1=11\“f“s on the commodities and at
the rates shown therein.
,lrilt-ir 0. His liIajesty'a govern.
mont lil Callndn will invltc Pllrllnment
[0 li-WH thu legislation necessary to
sllllsllilltr- fur thc duties of customs
now icvlnl1li~ nn the goods specified
in Si-in-duir~ I-l the duties shawn in
ihllt s1-llvilllle, Provided that lliiihing
ill (ills nrilclc shall preclllde ills
.\l:l,ic11ty'.~1 government in Callndn from
r11¢_lili-lllg the duties specified ill the
said svllclllllc so long as the nlllrgln
of ilr1ii.~1l1 prcfcrcllres sllawn in that
.<1-lnulllio is preserved or from inrrens-
inlr ilu. r.'itl~'s undcr the intermediate
or gl-llorni tariff set out in thc said
si-l1f\1i»1ic_
Arilrln 10, His Mnjestys, govern.
nlcnt in (`:1l1nil.'l undertake that pro-
irl-i_if1l1 by tariffs shall hc afforded
:l1.':1lnst l'nlleil `Kinp_flnnl products
"'\l.\' in those inilllsirios which are
l~l1:l1=ullnl1l,v assllred of sound oppor-
tl1niiir1s for s11cr~1=ss_
Article li, Ills l\fn,ii1.=t,v’s .govern-
lllr-ut ill Cnllarln undertzlko that during
thc cllrrenry nftblsagreemcnt theta?-
ifi’ sllnil be hiiserl nniho principle that
l‘l'f~i11i"|i1'o dutii'1s shall not exceed
sul-ll a level as will give iinlteil
lfinadoln prmllioers full opportunity
of ri-nsnllnlile competition on the has-
is of thc rolutlve cost of ccouoniiral
and cffli-lent prnrlilciiolr provldinl
that in the application nf such prin-
riplc special consideration shall bc
llivcu to the vrisa of industries not
fully r~.=i:lI»lisi1f»d.
.Article 12, llls Majest_v'.s gov:-rp.
mont ill Cnnndn ilnllcrinka forthwith
in cnnsiltlltr- iilc tariff board for
which provision is made in the Tariff
Bonril Act, 1931,
Tariff Board
Article 13. llis )iajest_v's govern-
ment lil C:1n:ld:l ilnllertnka that on
thi- rcqucst nf ills )Inji1st_v‘s govern-
lnsnt in tho llnlied Kingdom they will
rnilsc n rr1vlr1w to be lnnde b_v the
tariff llnnrd ns soon as practlcnlllr- of
the ilutlcs charged on nn,v` commod-
ities specified lil such roqilcst in nc-
enrflllnvo with thc principle lnlll down
ill uriclc ll hereof und that after tho
rernipt nf the report of ibn tariff
board thereon such report shall be
ilild llofnrc Pllriinlnont find Parlia-
lnollt shall lm invltcll to vary wher-
1-ver necessary thc tariff on such com-
lilodiilcs of l'niil=1l Kingdonl origin
ill such manner nl-1 tn give effect to
such -principles.
.\riil~1r~ 11. ills Mll.i11st.v's govern-
mcnt in i'1llln1ln iindurtnko ihllt. no
existing duly sllnli hc lllvronsorl on
l'niif1d Kill;:dnm good.-1 oxccpt after
ilu ini1l1ir_v and lilo rc<‘cipt nf- a re-
port froln the tariff borlrll. and in
i1vcnrlln11rl1 with the facts as found
|1_\' that |loll,\‘_
Article- 15. ills l\f.'l,lcst_v‘s l!f\1`0lf“'
lllrnr i1l Czlllaiifl ilnllorillkc that Unlt-
1-ll Kingrloni prodllcl-rs shall llc on-
tiilrd to filll rights nf audience he-
fnre thc tariff bnnrd when lt has 11n-
dcr_r-ullsldr-rlltion niattr-rs arising un-
der ariivlcs 17! and li hereof.
Article lil. ills !\l:ljesty's govern-
nlont in (‘:ll1udn ilndorinko that rus-
toms azllliillisirlltliwli in Cllnlldn shall
be govt-rlll-d by such general prin-
ciples as will ensure (al the avoid-
nrlce_ so fllr as reasonably possible.
of ilnccrtlliniy as in tho amount of
cilsioms dlltir-s and other fiscal im-
poris p:1,v:|blr~ nn thc arrival of goods
ill Cillmdaz (il) tho reduction of de-
lrl_v and friction to n iululmnm; and
ic) the provisioli of lnnolllnery for
tho prnnlpt and iluprlrtial sr-iilcmrlll
of displlics in mailers :ippcrtainlng to
ihl- nilplivniinn of tariffs.
_-\1-11-1., 11. ills _\in_ll-_-i.\"1= :overn-
nlent in ('.'1nniln illlriortake that all
existing s11r<~ilnrgi1s nu imports fr0n1
thc l'1iiir=d Klnglioln shall be com-
pll-icly nliuli.-licil ns norm as thc fin-
nuccs of Cnilnlln will rlllow_ Thr!
further 11nd1~rl.'lki1 in give sympathetic
cnnsiflerniinil in the pfvsslblllty nf
rcdllclng fliiil uiiinmir-l_\' nholishlng the
f1x<‘hllng1~ llilinpillg duty in sp far as
it applies to imports from the United
Kii1;:ilr11n_
A1-in-lo ls. ms !\in_i1‘sty's govern-
lncut in Cnllniln illlilerifllao tn modifl'
‘thc existing rogulaii.-,= governinl
tho ilnpnrtniloll of ii-1i|iZl'€f’ 5f°°k
from tho l'nitcd Kini.:duln into Can-
ada iil il manner nlroaily ngrecil upon
in principle bctwccn themselv_es ind
c
C'anaclai’s T'racleAgreements
WithOtherEmpire Countries
OfficialSummariesOfAgreements
DirectlyAffectingCanada,Signed
At The Close Of The Imperial
Economic Conference On Sat.
United Kingdom.
Article 19, His Mnjesty's govern-
ment in Canada undertake to accord
to those non-self-governing ('olonies_
protectorates and the mandated ter-
ritories to which the benefits of the
British preferential rates are at pres-
ent accorded and also io Znnznhar
the preferences on the commodities
and at the rates shown in Schedule F
and also any preferences for the time
being accorded to the United King-
dom, Provllled that His 1ia_iest_\-‘s
government in Canada shall nT»t be
boilnd to continue to flcrnrd ally pre-
ferences to any state or protactornte
which, not being precluded by into;-_
national obligations from according
preferences either (li nc:-orils to
Canada no preferences or i'.’) accords
to some other part of the Empire (in
the case of Northern Rhodesia except-
lnir the llnlon nf South .ifrlvn South-
ern llhruiesla and the territories nf
the South African Illgh i'o|1\-is-sioll)
prcferonccs not avcordf-rl in txilnlllil.
/\l'||\‘|P 20. Nothing ln this ngrco-
lnellt shall projilrlim- or dllui1ll.~'l1 anv
of the benefits l1l1jo_vcd bv nllv of
the pnriirs thereto und:-r the i‘llrlndn-
West Indics trade nm-com;-nt 5310,]
the (ith of Jiliy_ 1925.
Safeguard fn Preferences
Article 2|, This agreement ia mam-
on thc express condition ihnt if
either government is satisfleii 'that
any preferences hereby grunted ln
1'Cli'\cct nf any pnrilcllinr class of
commodities are likely to be frllstrrlt-
cd in whole or in part hv reason of
the crcntinn or mnintcnu`ll1~r1 ilirovtlv
or-1 indirectly of prices for sin-ll class
of commoilliies through slate .'l1~iir1n
on the part of n foreign rnuntry. that
government hereby dl\1~l:lrrs thai it
will exercise the powi-rs which it now
has or will hereafter inkc tn prohibit
the entry from sur-li foreign rountrv
directly or illdlrectly nf sliril cl-1m`.
nladitlrs into its cnlxlltry for such
time as may bc nec:-.<i=:lr_v tn make
cffectivo and to maintain tho prefer-
cnlres llcrehy granted by it_
Artic-in 22, This ilgrcolilnnt between
His liil_iest_v's govcrnlnsllt in the
United Klngdoln and ills _\i.'l_lnsty‘s
governnlcllt in f‘a1l:ld.1 is in be re-
grlrded as coming lnin effect as from
the flats hereof (slllijeot to the never.
sary legislative or other action being
tllltrn as soon as may he prflrtiwablo
hereafter). It shall remain in force
fnr a period of five years, and if not
rlellollnrcd six months before Ihr- end
of that period shall continue ln force
thereafter until n data six months af-
ter notice of denunciation has been
given by either party.
Article 23, In the event. of circum-
stances arlsilig which in the judg-
ment of Ilis Mfl_ie1st,\"s government ill
the United Kingdom or of His Maj-
csty's government in Cnn:l1la_ as tbr-_
vase muy bo_ necessitate a variation
in the terms of the .'lgrel~mcnt_ the
proposal to vllry those terms shall
form the subject nf consultation bc-
tween the two governments,
SCHEDULE A
Dominion of Canada: As regards
oggs_ poultry, butter, cheese 111111 oth-
er milk prndllcts, fren entry for Can-
:lilinn prollllcc will be 1-olltiililad for
thrro years 1-crt:-(ll, Ilia I\f:l_ir‘sty's
government ill tht? Dlitml Kingdoln.
however, reserve in thcnlsclvcs thc
right, lifter the expiration of the tilrel'
,vcllrs_ if they consider it necessary
in the interests of the llnitod Klnlr
dom prodllccr to do so to roviciv tho
llasis of' preference so far as rclfltos
to the articles above elllllnorniell and.
after notifying His .\ln_i11s|y's gov-
ernment in Canada <1ithr1r_tr1 impose
preferential duty on (`.'lna1linll DPU*
duce whilst maintaining preferential
lnnrglns_ or on eonsultailon with the
Cnnndinll gnvcrnmclit to bring surh
prodlll-<1 within any system which may
be put into operation for the quan-
titative \’uli1tinn of supplies 1‘:~aln
all sourti.-. in the Ullltcd Kl11;,1llo'n
market.
SCHEDULE I
Canada
Wheat in grain-2 shillings 111-r
quartcr_
Butter-15 shillings por c“'f.
Cheese-15 per cent :ldv.'lioreln_
Appies_ raw-4 shillings tl pence
por rwt.
Pears, raw-4 shillings fl planet- per
cwi.
Apples, canncrl-.3 shillings ii pence
per cwt_ ill ndilltlnn tn thc 1lui_v in
respect of sugar content,
Dried fruits, now dlliiahlo :ll 7
shillings-10 shillings tl pence il"
ewt.
l-Eggs in shell:--(ni Not excomlini!
1-i pounds in weight per great illin-
dred---l shilling pcr great il1ln1ircd_
fb) Over 14 ll1s_ hut not 1*-xcccllillg 17
lbs,-1 shilling G pence P91* 3'0"'
hundred, (rl Over 17 lbs.-1 shillind
5 INWUII Der ewt. in addition to the
dut_y ia respect of sugar content,
f-0l1l1er_ unwraught, whetller refin-
"‘| 0? Mi. in ingots_ bars, blocks.
i_1:_nbs_ cakes. and rods.-2 pence per
SCIIEDULE U
Dominion of Canada
Timber of all kinda llllp.-vrtcd into
the United Kingdom in .-ilhstantinl
quantities from Canada, insofar as
nniv duinble.
Fish, fresh_ sen,
Salmon. canned,
Asbestos.
Zinr,
Lead.
SCHEDULE D
Dominion of Canada
This schedule, which refers to pre-
ferences which certain non-self-gow
orning colonies and protectorateii will
be invited to extend to Canada, is
not being published or summarized
at present,
S(`|l'EDi'/'LZ E
This schedule, of which details will
be published ister, sets forth 220
items of tho Canadian larlff_ in re-
spect of which new or increased mar-
gins of prcfi-ronros will bc granted
by f'nnllda to the Tlniicd Kingdom,
'i'h0. schcdlliu covers n vr1r,\' wiiic
rllnec of commodities and ini-lu1ll1s_
inter niin, a large number of items
prcvioilsiy dutlabln at the British
brt-ft-rontinl rate which are now trans-
ferrnd to the free list, Tn all other
cases the present margin of prefer-
ence has br-on lncrcascil either by low-
ering the British preferential rate or
ily raising the intermediate and gen-
cral rates_
Unofficial ilnderstnndings between
the iron and, steel interests of the
two countries are used as the basis
of tariff arljllslmont on many items
of the stool schedule, including not
only the primary forms hilt such prn-
resscd and fabricated stcols as <‘1ltler_v.
mar‘hin»r_\’. find wire prndilcts. lievi-
sions in the textile items relate chief-
l_v to linens and to the major classi-
fications of cotton and wnollcn fab-
rics, Other 1-nmmodlties embraced ln
lilo sr-llovillln include 11 very wide and
important 1-nllgc of chemlr-ais_ fiat
grass, toilet nf‘crssorios_ gums_ table-
ware and ieath1~r_
SCHEDULE F
This 11cherl1lls1_ which refers to pre-
ferences which Canada will sci-nrd to
1-nrinin non-self-governing colonies
and protertnrates, is not being pub-
ilsborl or sumnlarized at present.
Irish Free State
OTTAWA, Aug. 20-(By the Canad-
ian Press)-The following is the nf-
ficlal summary of the agreement en-
tered into today between thc Trish
l-‘ree State and Canada :-
_-‘igrccment between His .\injesty's
government ln Canada and His Maj-
11xty's government in the Trish Free
Stfite, -
The trade agreement signed on be-
llulf of the government of the Do-
minion of Canada and of the Trish
l1`rl1e Siali-1 is designed to facilitate
and extend still further their mutilnl
relatloils of trade anil commerce,
The agreement secures for all goods
the produce or mrlnufarture nf Can-
ilda imported into the Trish Free
State the benefits of the lowest rntos
of d11i_v accorded to similar goods the
produi-c of any country, ln return,
goods the produce of the Trish Fran
Stair- when inlporlerl into Canada will
he necorrlorl the same tariff trcatnzcnt
as similar goods imported from the
llniied Kingdom of Grcat Britain and
Northern lrr-lanri_ _
it is slibjcct to the approval of the
l‘.'lrlI:lmenis of the respcrtivc Domin-
inns anll is concluded for a period
of fivc years, after which period it
l11:1,v be dennllncefl by either govern-
ment on six months notice,
Southern Rhodesia
0T'l‘ATVA_ Aug, 20-(Fly the Canad-
Inn Prcss)-The following is thc rif-
ficial silnlnlnry of the agreemrnt on-
icreil into today between Southern,
llhodesia and Canada: ‘
Agreement brtweell His .\lajcst_v's_
government ln Canada and Hia Mai-
l1st,v's government in the Colony of
Snilthcrll Rhodesia.
The trade ngrcclnl-nt signed on bc-
hllif of the governments of the Dn-
minlon of ('an:irl.'1 and of the cnl~in.V
of Southern Ilhorlssla is designed to
increase thc opportunities for coni-
n-errinl relailons between the sifznnt-
ory cnuntrll-s_ In its nlnln lirics it
incorporates nn exchange nf prf~fcr~
cniinl troatlnont on sr-looted lists of
cnmnloiliiics. llnports into Cnulldn of,
thc principal products of Snilthorli-
Rboilcsirl-tropical fruits and arffifili'
tllrni produce-are granted preferen-
tial treatment, ln return, Sniitllern
Rhodesia will accord particularly fa-
vorable trontnlcnt to a sclrcterl list of
<‘:1nn1lian products while nssurlnfr 0l'\
the gr:-at billk nf llnelliinlcrllted ar-
ticles rates not lcss favallrnhio than
nre accorded to similar iI0"‘i9 "T0 T’\'°`
IBIT
IC
==r"1
--~:
1-11"'
2
MONDAY EVENING,
22nd, 7.30 P. M. in THE
PAVILION
AUGUST
PATON
Band.
ef Song,
1. 0 Canada. Legion
2. Duet (11) On Wings
Mendelssohn; (b) Smiling Through,
Penn. Mrs. J. A. Lawson and Mist
Lucy Blanchard.
3. Address. _President
4. Piano Duet (a) Polonaiss
Chopin: (b) Hunting Song, D‘Our»
ville. Mrs. G. Elliot Full and Mis
Lilian MacKenzie.
5. Acltlrcss. His Hon,
Governol' Dalton.
tl. Vocal Solo, Homing, Dc
Rlego. Miss Lucy Blanchard.
7. Address, Premier Stewart.
8. Violin Solo, Serenade, Tosselli
Miss Kathleen Logan.
9. Address, Hon. G. 1 Shelton
Sharp,
10. Addresses. Mayors Stewart,
Manson and MacDonald. ,
Band Selections.
Admission, Main Gate, even.
15c. Children under 12 if need.
panlerl by parents free. Admisslol
to vaudeville evenings 251:,
5153-8-20-21.
.\ilnurd'|1-first sid for wo11nrin_
Limit.-
proval nf thc nppropri.'li»» legl.~:la|.iv\
authorities in the cf1n1r:li-ting colin
tries. it is cnnliiidcd for a psrlorl fa
five years and msy be rlfnollllf-od :lfte
the expiration of -that ,-cltif-<l by sit
months notit~o__
South Africa
OTTATVA, A1113. 20-iBy thc Can-'ill
ian Prone)-'i‘hc following is the r\f\
ficial sul1llnar_\' of ihr~ ilerccinellr on-
tered into today botrvc-en South Afrlcl
and Cnnudn:
Agreement between llis Mll,iesty'i
govcrnlllent in the Ilollllnlon nf Can-
llda and lil:-1 .\i:l_i\-.=t,v's grovornincnt in
tho Union of South .-\i'rlc:1.
The trlllle ngrcl-1111-nt sigllrll on
lllllf of the gnvl»rlllln»llt_- of thi- Dol
minion of Callndll and tlie Union oi
South Afrirn, for the first time lil thi
history of tllasc two liolnininns
planes their colillllerm- upon il trout;
basis, li. is espcciilliy dcsi'.'nr»li_ ti
facilitate trade ill those r~~1ll1ll\1ulltif‘i
lil which cnch Dominion is bv.-i fiiiori_
by its nrlturfll r<>soilrccs_ :lull lis in'
dustrial d11evlnpll1ent_ to .-l1ppl_v thi
nl-mis of lin-_ Dinar. /\¢.~.»r.li11sl.v. ii
has fnllnwr-il the principle of dealing
with tho mnin colnnlfnliiios i>l\|,\' 1|"
ls, thcrcfore_ in crllnpnrisoll with thi
trade ngrcelllnllis rm-t»llil_\' riilwlllllcd
with Austrrllla and .\`1-w' Zvalrlilil
iiolnelvhut. lilniicd in iw-op-~_ ii ilris
however, secilrmi n cnn.~=iill-rnliin ex
tension nf the list nf conllllnlliilrs ol
which prcfercllvcs have hitherto bona
extended to C.'lnndn_ Special consider-
nilnn has boon givcll ily 11d1ninisirl1t~
ive regulation to thc pn_siiion nf ln-
iiian corn or nilllzu from .\‘outh .»\fric1
and to motor cars from t`11n.'lda.
it in subject tn the approval of thi
l‘.'1rlll1n1onts of thc rospcciivr- liollllni
inns and is ennrludoil for :1 period o
five _vonrs nlid may bo df~no11nrr1l_ af-
ter the expiration of tllllt p-~ri~1d_ by
six months' noilcc.
India
0TTA\\'A_ Aug, 2;'-ili,\' thf* Chilli(
isn Press)--i"nllv.'1rl=ntinlls h:l\'i> i'P0~
opened for a trildl- ngrl1<-nlont in-_ilvorrh
i'a11nd:l iillrl lnd|ll_ A .=t.'ltl-nlcnv 1.-<11#
by the Dolnilliun tlovcrnllnult I-1lion~i=i
“A1i\‘il1lt.'1uc has lwwll t:ll<i»n of tbl
prnsmlcp of lilo llldlnn <i1-l--'_'ain»l1 _ni
Ottawa to iniiinii- 111.111'-~l~_-zllmils 11-lili
rpgpr-ct to tho il1,<ir:li.ili|,\‘ of :l trmil
ncrl-.-nlont in1t\v.-rn thc 111-11 1'111111tri1‘s
'fherc have boon found in ln- ;1 von-
sidcrnlllo nlllnbrr of npr~nin;;< fur lull
iilnl irlldn and it is llnpinl tllflt ininsi
con\'or1=.'1tln1is will .sill-i'tl_v lc:l1l_ lu iii~
rect nrgniilliinns brhvm-fl ilu- iwc
gnvcrlllnf»ni.-_ for :l iylldi- si-_*lv-11lll~'1_t
which will im /ii' rl l=ui».<i:11\tl.'1i lmriufll
to the <|t-1'.-l<-iilliolli rf irndc l-1i\1‘1'1‘t
be
li pence pcr great llunilrcrl.
conaensrrl milk. Whole. s\\'~‘i<‘11“'l-
duct- of thc Tlnitt-d Kingdom.
’i‘hi~`alrrc1-mi1nt is sllbjrct to the lili-
4‘nn:ldn an-l ludi:1_" _
' M. Minerau-first .la for mnnnia. ivalln-r_ II PM -~ ~
L _ .<
T __ ___
llis lil:1_ii~siy's government n
  ‘ "
_'._' 1 ~:'-
1 1.. L . '
Provincial Exhibition Gha ottetown This Wee 
Opens This Evening 7 p. m. Closes Friday August 26th- ~
  Races
L'arges't Entry List of Horses, Cattle, Poultry, etc.,
we have ever had.
_V audeville every afternoon and evening in front of
Grandstand. Jack Gerard in his awe-inspiring acts.
Four Casting' Campbells. ' 'America’s greatest aerial
acrobats. H llywood Horse. The funniest act shown at
any Exhibi on this year.
Stoddart’s Sheep Dog. _ ` 1
DANADIAN LEGIDN BAND AFTERNDDN AND EVENINGS. rnussmv 1
Season Tickets Now on Sale at Drug Stores---Price $2.50
~
TUESDAY, WEDNESDAY, THURSDAY
Y _ A121 Entries in 10 Races. 'A_ll the best and fastest _T
horses in the Maritimes and Malne.
LYNCH’S 1 932 RACE PROGRAM
lM1>-Rovlso lvllownr _ TUESDAY .1
) A Main Grounds
Y Afternoon and Evenings. wsosssoav ~
1 1 .
- 2.17 Trot.
2.211 Pace
1
2.15 Trot.
A Pony Race.
s
1 _ 1. .-
213 Trot and Pace. 
_ 2.25 Trot and Pace. _
1 2.1§ Trot and Pace. '
2.22 Tnnhnd race. 7
2.27 Trot, Maritime Bred.
.
Free For All Trot and Pace.
2.19 Trot and Pace. -
1 _ »-\‘:-v .__
E.
|iiN
|Ai
Nil
_ _ . ‘ ` R .if`." .‘ `
_ - . .