‘WW9 and mm. chasm 2‘; us lnvuaum to 1-Mrvfi ' 0 ' ' Egmi. gioggsiomaivnihi Went‘! of interest nun « ‘’‘° W -."m‘l‘...‘.’3l ‘.‘l‘.‘lli ‘LIN’ mnootimh MAY 2. I936__ C unning Improvement Slow But Consistent In Financial Conditions Dominion Governnientb “Over-All” Expenditures Increased by Nearly Fifty Million Dollars in Past Year OTTAWA. May 1.-'—(ClP.)—Presentlng a picture of slow but consistent economic improvement but warning that difficult economic problems remained to be solved, Finance Minister Dunning in his budget review in the House of Commons today disclosed in deficit of $102,191,000 in the over-all financial activities of the Dominion during ‘T5’. the fiscal year ended last March 31, compared with $116,- ‘ 134,000 a year ago. Making his second $372,100,000 as the total revenue of dilutes for all purposes of $534,291,000. Total revenues were 010,220,000 total ordinary expenditures were $313,987,000, an increase of 514,237,000 ore: last year, but ll0.000.000 less siatute. Extraordinary expenditures tiohal Runways deficits brought the A year ago a surplus was shown of ordinary revenue over ordinary expenditures of $2,700,000, but a dcflcit when sll expenditures were considered, of $116,134,000. according to Mr. Dunning‘s figures. The Minister explained the pres- ent government was in power slightly over five months of the last fiscal year. Unemployed Not Diminished The Minister quoted figures to show I “real and‘ steady" improve- mnnt in the economic situation. but removal of unemployed from relief rolls was not keeping step with ex- pansion of industry. Wage rates ivci-c pizher and there was less part time employment. While trade of 24 leading count- budget speech since entering federal politics. the first having been delivered six years ago today, Mr. Dunning gave rles had increased 4.1 per cent. Canada's trade had increased 11.8‘ per cent. the Minister said, and the Dominion had moved from eight’ to sixth place among the nations in world trade. li1\|1ol‘Ls during the fiscal year, weixl valued at $502,803,000 as, alzsiinsi $522,416,000 the previous} ,\'t‘nr. whilc exports. excluding gold coin and bullion. were $'l65,6i5.000. compared with l05i).809.D00. A total surplus of exports over imports‘ wssshown amounting to $210,000,000 v apart from gold or invisi-b‘e ex- ports. To this the speech added $110,000,000 in gold exports and an estimated favorable balance of $110,000,000 in tourist trade. bring- ing the total surplus to $145,000,000 which would be a valuable item in mrctiug foreign commitments. After detailing the steps already inllcn to cxpand trade, such as the Canada-Uliltcd States agreement allli the adjustment of differences with Japan, the Minister said it was proposed, in the near future. to open active negotiations with salami other countries for bilateral agreements "and the removal oi hindrances now hampering inter- Il£ll.lI‘.i'18l trade." Aitciitloii was now being given trade relations with the United Kingdom, the Minister said, "and I am lumpy to be able to state that d:.<: ssious will shortly take place, hc. r-in repesentativcs of the two’ gc'.'ci'l1menis." Relations with Provinces Mi‘. Dunning made special refer- ence to financial relations’ with the Provinces and observed that the future was “clouded" by the "un- certain" financial position of some of the provinces. It was no secret. he said. that for some years the cindil. of the four western provinces had been maintained by aurlporl ‘mm the Flederal Treasury dupiifi heroic efforts by the Provincial Governments to curtail expendi- tures. it was the intention of the Gov- crnment, the Minister continued. to llroceerl with the Loan Council scheme with some modifications. Ila mentioned with regret the rec- ent default by Alberta on a. bond mnlurnv and remflrksdlnai. both I:‘rltLsl1 Columbia and Saskatchew- in were finding it possible to meet bond maturities this month with- out help from the Dominion. the —latler through the Bani: of can- Idn. pending puns: of loin coun- cil lerialstlon. Innis in provision under various "ii" tots had new rushed 0110.- MM. having been inmusn aur- the Pmln ' omen»?-'1.‘ “"'“. ‘i.“."'.€l."i?.ii°".2 Eiiiiig ‘ § E i the last fiscal year, against expen- better than the previous year but than was authorized by vote and such as relief and Canadian Na- total up to $534.29l,000. FREER iifllfi: WITH BEiii|ilM ANi|illlfATEll* (C.P. by Guardian's Special Wire) iiliiliam—w$ BIG GAINS IN lilPinl_ TRADE Benefits of Bennett Empire Trade Pacts Shown Gonclusively . by Liberal Minister (C.P. by Guardian’: speclsl Wire) OTTAWA. May 1—(C.P.)— During the 11 months ending last Feb. 29 the British Empire purchased from'Csnada goods worth $362,110,462, Finance Minister Dunning informed the House of'Com1nons In his hud- get address today. For the suns period the preceding year the value was $313,005,022. Imports from the British Em- pire totalled lltls.429.800. against s14a.9sa,s14 in the some 11 mcnhs of the 1934-til fiscal year. (xnadlnn exports to the OTTAWA. May i—(C.P.l—Can- ada expects in the very near future‘ to negotiate trade agreements with} several important countries. Fin-i nnco Minlsier Dunning anrloulicedl in his budget speech today. serlousl attention was now being given‘; Canada's trade relations with the- Unitcd Kingdom. he said. i Canada has removed the 1935;‘ specific duties on Belgian rabbit skins. dressed and dyed. In return. Belgium has agreed to remove the iiimover tax imposed on Canadian goods cntcriiig that country. In ad- dition, Belgium will hl future clus- sify as “Chedda'r" the cheese im- ported from Canada. “These concessions, the removal,‘ of the heavy turnover‘ tax in par-‘ ticular; should stimulate ‘our ex- ports to Belgium in many lines of goods," said the Minister. was shown that taking an index figure of 100 for 1926 interest rates in Canada had dropped in 1036 00 09.9. Three Billion Net Debt Gross liabilities of the Dominion at the close oi the fiscal year riinoimted to 03.432.000.000. which. alter deducting cash and invest- ment assetts, left a not public debt oi $1-1,008,000,000 which Mr. Dunning said was an increase of $867,000.- 000 in the six years since he DI‘?- scnted the last. budget of the Dom- inion Government. While cheered by evidences of recovcry. he saw in the 011555003 yet to go and the problems yet to be solved the most impressive and at the same true the most distress- ing features of Canada's economic record. Improvement. however. was real and steady. The business cycle was currently establishing higher levels. In March this year the economic index of ihe Bureau of Statistics stood at 103.3. compared with 94.2 in M&l'°h- 1935. In Feb. 1933. the lowest point of the depres=lon, the index was 67.0. For the first three months of the present ca‘endar year manufactur- ing of an kinds showed an average expansion of 8.5 PM‘ 09“? I-'“m‘b°' production on the Pacific Coast 110.5% ,9“ was 20 per cent greater t an in 1934. and had reached the hiflh‘ est point since 1929. "The Dark 5134"" k 3 as sgricufllre .1335 ‘lillfirt ya: suvlfered climatic United Kingdom jumped ap- proximately 510.500.1100, imports S5.500.000. “Within the Empire." said Mr. Dunning. “the increased p"ur- chases from us were distributed as follow: The United Kingdom 15.6 per cent. Australia 35.! per ' cent, New zealand 130.1 per cent, South Africa. 7.1 per cent. Ex- ports to British India drop'ped 17.2 per cent." An upward trend in Canadian imports from Empire countries was also indicated. This increase. the Minister said. was shared as follows: From the United Kingdom 5.4 per cent. Australia is per cent. British India 13.4 prr cont. New zoaland 21.7 per cent, South Africa. 41.3 per cent. prices. Total farm revenue in 1035 was $943,081,000. an increase of less than one per cent over the previous year; but most disappointing was an eight per cent drop in the value of the principal field crops. chiefly as a result, of the price factor. Wheat prices were generally higher. hilt grades had been lower due to rust and frost. The livestock in- dustry had shown considerable im- provcnlent. Cost oi money had fallen in March to the lowest figure since 1919. probably ill: lowest on long- term funds in Canadian history. Unfrotunaiely these low rates were not available to all borrowers. par- ticularly the most needy who were not usually considered most credit- worthy. In 1935 the total volume of new issues by all borrowers was about $57l.000.000. an ll‘lCl‘€llS€ of $83,000.- 000 over 1934. Of this total 3325.- 000,000 was for refunding, the bal- ance for new capital purposes. Tourist traffic last year was worth $201,000,000 against an ouigo of $91,000,000. about $110,000,000 in favor of Canada. Revenue Vs. Expenditure In the statements of revenue and expenditure for the fiscal 1'08!‘ 1935-30 figures were subject 00 ad- justment as accounting was not completed. seven months of the year had elapsed before the govern- ment cainc into office and commit- ments of the former in financial policy. hazards, restricted markets and low following table: SUMMARY 0!‘ EIVENIJI AND EXPENDITUIIS Ordinary lilrpenditums — -- - — Ordinary Revenues -— - — —- — Deficit on ordinary Account- - apecisl Expenditures —- - - -— Ilsssapoclsl Receipts — - —- — Balance-----—————----— Md capital Expenditures — — - gopell-nmont Owned Imerorluo — - 9. .._...__.._.._.__.... Add deficit on ordinary account - 'l\‘lMl «not or lacrosse of not 6006 — TAX. IIVIIUE oilstornsimportdutiu-—--— lnclnau m....a.._..__..._ WAI TAX IIVIVIBI 1lonIs———-—------- fmiirsncscompsniu——- --——-- msomvml _.-...._-n-—._-—.n.-.— g)g.1\u.......................-_. 'lmm’Mi.lOl'lIiIll|9.CflM- cumin por&tlolstI:oI.oM.-—----— |fgguggo|¢............_.___. Total revenues from taxes — - —-'— — — Non-tax revenues «- - - - -- - Totsl ordinary revenues - —- - — smull-y marina and cream ---_.'.. .1 .. .. 'n'ltslrcvermoI-------- government prevented any important changes Revenues for i.he two years im- mcdistely past are shown in the THE__ CHARLOTTETOWN GUARDYAN Reveals Total Deficiil lunullglllcl CVPTAWA. May i—(O.P.)—Ex-I cerpts from today's budget lddress. by Finance Minister Dunning. "One cannot view the picture broadly without realizing that im- provement-—l1:1wcver gra.dual—is real E and steady, and that the general; undertone is one of definite; strength." 0 0 O "The upward swing of the busin-i css cycle is currently establishing, higher levels of activity generally, throughout the industrial and com- mercial field." 0 0 0 “Every step which helps to pro- vide markets for agriculture brings nearer that day when the Canad- ian farmer, receiving more for his products than it costs to produce them. will once more provide, through the stimulus of his pur—1 chasing power. a sound basis for national prosperity." one “It has long been clear to every- one, I believe, that this process (of making unsecured loans to provin- ces) can not go on indefinitely." 0 0 C “We are rapidly rca.chlng—if we have not aready reached——the ini- posslble position where the Domin- ion Government will be the largest single creditor of those provincial: governments." O o 0 "Loan council legislation would‘ merely pmvide machinery which. any province might take advantagei of if it considered it to be in accord- ance with its own interests." 0 I 0 "since March 31 the govemment has not had any statutory authority to make loans or give guarantees to any province." 0 O C '‘It was a matter of great regret to us that the government of Al-‘. berta did not see its way clear to‘, accept the conditions under whiclil alone our assistance could have been made available." 0 0 O “The Government will proceed with the resolution designed to in- itiate the proposed constitutional amendment (to the British North America Act) and thereafter with the legislation providing for the establishment of loan councils and a national finance council." 0 C O “The record of Canadian secur- ities in the investment markets of the world has been a most enviable one. It would be unfortunate if that record were seriously marred atl this late stage when the outlook up-i pears to ‘be for continuing recov- ery.“ I t 0 ‘‘As long as we ha.ve an economy based on private entcrprise—bssed on the willingness of thousands of‘ indi\'ldua‘s to make corminitmcnLs for the future in the licnpc that profits will acc1‘uc—-so 1011': Will‘ the factor of ccnfldcnce play an important part." . o a “Foreign trade is the very life- blood of Canada." 0 I "Tile conclusion of this iCanada- United states) trade agreement is probably the most siqnlflcalit step taken by two leading trading na- tions to reverse the trend of econ- cmic nationalism." . . . "It may be expected that steps will be taken in the near future to enter into active negotiations for, the conclusion of trade agrccments with several ll'i‘I|')Ol‘t8Ilt countries." 0 I 0 "I am pleased to be able to rc- port. for the fiscal year just ended, on important gain in our total trade with other countries. amount- ing in round figures to 51.52.000.000. This is an increase of 12.8 per cent over the previous year." EXtEliPii£fRllM Seeks To Repair lidvers-ye ‘Effect Of ll. 3. Treaty Dunning Removes Duties O n British Textiles } To Offset Concessions ; Underweshington Pact 1C. P. By Guardian's Special Wire) OTTAWA, May 1——Do\vnward re- vision of the customs l‘l"ill an- nounced in Finance Mil‘ 5 1- Dim- 1iing's budget speech rod. : ad be- coming effective at midlliglit. 111- clude the removal of specific duties on British yarns and fabrics of col- ton and artificial silk, reduction in the intermediate duties on clothing and articles manufactured from cottons or artificial silks, reduction in intermediate tariff rate on gaso- line from 2 1-4 cents a gallon to one cent, the $100 exemption to tourists returning from abroad. and the amendments to automobile rates. “The reference to the tariff. board on yarns and fabrics of cot-i ton," Mr. Dunning cxplained,E “arose from a. request by His Maj-| csty‘s government in the United Kingdom, under the provisions of the agreements of 1932, for a re- vlew of the duties on those goods under the British preferential tar- iff. The board was obliged, there- fore, in its appraisal of the situ- atlon—domestic and Britisl1~io use the yardstick stipulated by those arzrzcnients, namely, the equation cf the relative costs of production in the two countries. The board has kept within the terms of its reference and within the letter and spirit of the agreement; and the government desires to do the same. Specific Duty Removed “It is proposed. therefore, to re- move entirely the specific duties on yarns and fabrics of cotton, un-v dcr the British preferential tariff.‘ It is proposed, further, as properly following the reduction of yarlts and fabrics, to revise the specific duties applying to cotton clothing. wearing apparel and manufactured articles of cotton, by reinoviiiq these duties entirely on imports; under thc British preferential tail‘-' iii and by reducing them by one- half on imports under the inter- mediate tariff. “In accordance with the results of the board's inquiry into the tar- iff situation surroundlng nrtificial silk, it. is proposed, under the Brit- ish preferential tariff. to remove entirely the specific duties on both. yzlrlis and fabrics. to reduce also! the ad-valo1'L=m rate on acelaiei yarns and to adjust the ad-valorcm I rate on the fabrics. "As a corollary to this rcducfion, the government. proposes to reduce both the British preferclltinl and ilitcrnicdinte duties on cloiliiiilt.‘ wearing apparel and manufaclurcdl nrticirs of artificial silk, this iv:-1 duclioii on the coinplclcly-finished- .'11'iiclos being designed to pass on to the COllSlll’l1‘3l‘ the ndvantagc in reduction of l‘fl\\'-l'f1£liCl'll'll duties given to those who cut up tllc materials and manufacture the gar- nlenls. "1n the vase of many c:1li1liiod- itles covertd by today's rc.°olullons.. dDWI1Wi1'.’d revision of duty has, been confined to the British pre—j fercnliai tariff. Thescvaddilioiinli to cotton and artificial silk pro- ducts already dealt \\'lill—lilL‘iudC, many of oiiistnnding iinporlnlicc lo- Uniied Kingdom prodilccrs nnd= Canadiaii consumers "Closely related to Lhcsc are thoscl items on which l'EflllCiiOll.\'. while‘ operative under both British prc-- fercntial and internlediatc tariffs. will, in most instances, give lhcl “Canada has moved up from eighth in sixth place among the‘ nations in total trade." I HINK of whipping milk! You can-if it's Carnation Milk. You can serve "wlnippcd-cream" dishes when- ever you like, Carnation is so economical. Carnation whips easily-—just chill it very cold, whip in a‘ cold bowl with a cold beater. Whipped Carnation triples in bulk. Whipping is only one of the discoveries you will make about this fine mill<—the Improved Carnation Milk that is now irradiated, enriched with “sunshine” vita- min D. Carnation now has even greater nutritional value --—for baby's bottle, for drinking, for cooking, for, creaming cofiee and cereals. Jun Published! ’A beautiful Imp Cor-urion Cook Boob. 16 Infant. fulbpngo, lull-colon pbofagraplif. 96 ago: as unusual ntipn, nmnu. pony utgguliolu, we in bags, etc. Yum for 25:, usurp: or mus. Write a. United, Toronto, Onlorio. FINATI ON MILK IRRADIATED for 7'$unsl1Ino"-Vitamin D , on the irmisfor list, Bciincti. i United m....io'... . = .1. better trading position in this market. U. S. Negotiations "MW 1-at this point say a. few. words regarding changes at thlsi time in the British preferential inr- iff. In-‘negotiating recently with the United States, the government took scrupulous care to respect in letter and spirit every syllable of the agreements effected in 1932: with ‘various countries of the Bi-lr-| ish Empire. "Although the Liberal oppositiolii of that day had rcgisicrcd diszip-' proval of the conference aczrc-c—; ments on the ground that in too. many instances these Cstiiliilbililti, preferences by raising rliitim.‘ against other countries, that oppo- sition, now become the gOV€2‘l'if11L’i1l of the day. has seen to it that every , commitment was respected. ; “lie guaranteed British margin; was impaired, Nay, more. Illilll)" preferences that might with war- rant llave been deemed not to be. in._ that class were deliberately sci, aside as not open to negotiation--I sometimes at c0n.sidcr'able cost to Canada in the‘ matter of bargain-; lug. . . . . .' I-Iffcct on British Tl‘-Ide “And yet. it is obvious that. ill- ”|3UL'h the agrcenlelits have bcc:i l'cs1)ccied, the trading BdVilll.lll_':.‘. here of British cOll.l1ii‘i£‘S—-1l0lal)ij,' of course, the United Kingdom--: not so great as it was prior to 1111- . C.1nada-Unltcd States fIgT(‘C1’l1’.‘llI.. The very fact of acllzriiulng the United States to the b(‘llClltS of our intermediate tariff produced that result. , “In the near future Canada must' again sit at a table with the United V Kingdom to considc: a new agron- mcni. It is obvious lllfli. in "such flegolintloils, Orv-at Brli.:l11 \\‘lii secl: such concessions as ml}, in} her opinion, enable her 10 iiicroasc ‘ her trade with Canada. in sum negotiations, needless to say, the! Canadian govemmem will yak.- cqually scrupulous care to observe to the letter and the spirit of the Canada-United states trade agree-i merit, “Canada. _ca.rlriot give everything , today and bargain tomorrow, busi Canada can, and this government] does. give today to Er-np'u~e coun_, tries such concessions as will. I amt Sure. be accepted in the spirit in‘ which the British preference was‘ conceived. In this spirit this gowi, crnmeni. since coming into office.‘ has seen to it that unnecessary im- Dcdimr-nts to intra-Empire trade have been removed. that vcxatlous restrictions have bcerl lcsscned and that “”°1U”M‘Y rezillations have been altered or abolished. ‘ H Not ll. “Bnrgnili"l It has interested itself ill the‘ iiicrcuse of intro-Emrfirc trade both; by imports from the Empire as well: as cxllorts to the Empire; and u_n-, dc? today's resollltiolis it ])l‘O}l’l.<(‘>. easier access ta this country for‘ certain l<..‘mpirc' commodities.’ -.l7ml)0Sed reductions in the British [ll‘(‘i(‘l'f‘l’1lifll tariff are in no .-‘[‘i1s(‘ PlC'mE1'lif5 in R. l7_zirgair_1. They .11-cw,‘ both to Canadian consilnir-rs nnrl, 31111511 Producers, bilt collccssiolls‘ made i11.ll1e firm ix-lief that only} fi';1ni lllll|ll.'lil_\' f1fil'."Illii'l[Z(‘!)lls <‘.\‘-‘ ('il.’?llg(‘ of roinmoditlcs can conic that (‘0flllll'Ill bclicflt 1'11 which .«lini1ld he both the orilzin and the 0b.lT(‘ll\'f2 of iiilra-Empire trade lll'l‘Flil{:(‘illf‘l’lis. _ v "Canada knows full we'll iiinli Circa: Britain, ivlicn the day of. C0lli‘3i‘fl1C(.‘ comes, will not be iin-l illlllfiilll or forgclfill of C.’ll‘.afi£1.'S‘ ‘ past record in the mailer of pro- fcrciiiial iiwltmcnt in this nirrkcr for British proclucis—-n l'(‘Cl'Jl'.‘i ci‘ys- I inilizcri today in the fact that closci iipnii T00 items in Carind:1's tariff: sclicriiilts, p1‘aclicnll_v half llicl iicliis in the entire list, hnvoi against them the word “ircc" iiii ‘llin British prcfcrcliiinl r-oliiinii. WiGAN. England -- ’1‘hc W!'Yflil Duchy League club has llllt (i. Bczi-1 llELl. ililcrnatiolml siniid-off pm for Wigari, lcaviiirz iil(‘ Vl’<~.iu:i— sllpcl‘-‘vlnrc RlIL'b_v Union '.c.'\m. Ii!‘ is regarded as our of the lil‘l(’.‘-' linifbacks in illc gmnr‘. 5 I Estimated 1931-35 1935-39 — - - 0aao.7oo.ooo $313,901,000 — - — als,m.ooo . a'u.'2ao,ooo — -— -— .m,ooo 2.207.000 -— _ — o1,1so.ooo 100,770,000 —— — - a,:w1,oco sao.oco .— — 11,133,000 101,450,000 - — -1.cm.ooo o.o'lc,ooo -— —- 00.140000 so.ess.ooo .. _ iluoaooo 159334.000 _ — 1.220.000 2207.000 — - 110,114,000 102,191, — - 0 76.901000 0 'l4.000.000 aa.1oo,ooo «,41o,ooo. Cmullou — - 1.900.000 1.006.000 no, 100.000 ' 00,900,000 091100.000 12,441,000 'n.ooo.ooo 00,745,000 30,700,000 D A - - l.0‘lil.000 1.41:. 301,443,000 311,235,000 -- — uo31,ooo M.m.ooo - -— us.m.ooo alinnoooo s1m.o00 no, A c 5 " ADIAN. PIODIIC-T The’ gift or rPast,Fisc“a1,,rYe?ar (C. 1’. _By Guardian’: Special Wlre)_ _ . ._ o1"rawa, May 1-Following are highlights of tie rlinluelsi re- View for the fiscal year ended March :11, 1930, presented ‘Inlay by Finance Minister ll.n1nlng in the course of his budcet ,- Total “ovcr-all" deficits of $162,191,000 compared with 0 6.134.000 ll year ago. Revenues for tho last fiscal year $312,100,000, an of $10.- ‘ .000 over the previous year; eupenditures for all purposbt, $534.- 2:01.001). (fciitriil dC('rl‘.’l\! utijcllse in last Toizli lmdo glilil of Sl52.il0t).000 1l:rrls $".lG,‘.lflll,000, c:/.riusl'.'c of gold surplus to estimated 9'-”3.U.7ii).i)\)tl. Trade negotiations p1.-ased with several countries and dmllnlonl with llnltcd Kingdom on Ottawa conference trade agrcennlh to he opened soon. Loans in provinces reach grand total $116,500,000. Further loans to be mzldo only under proposed loan council ichenie which wlllilie pro- uocdod wiili. — llllcillllcliillf an rlsiiii1lf:i::: The poetry of Motion was very‘ il(‘.lllliiliii_\' defined at the Prince l‘I(i‘\".ll'(l ’1‘hcr1ire last cveiiing on the i or .isio11 of the rilmiial dance recital by the pupils of lvilss Vera Wil- liams. COil‘ii:.llC(i with the smartest sprini: and Summer styles in S9911 nflcrnooli niirl cvoriirzg ‘rear exhib- ited by Hoyt‘s and demonstrated vcrv gracefully by Mia Dorothy Dllll‘.0ll!', Miss Betsy Gaudet, Miss Joan McKenzie, Mrs. Vera Murray, Mi:.s Esther Rattenbury. Miss Ruth Rnttcnbury and Mrs. Hal Stewart, it was an altogether delightful en- icrtainment. The senior and Junior children beautifully costumed to suit the different characters, clever- l,v cxpoundcd the intricate steps of the folk, waltz. Scotch and Irish dances. and were gracefully agile in the diffr-rcn‘. toe dances. Erich niimbcr ivns heartily applauded but owing: to the length of the program. -it was impossible to respoild to en- corcs except in two numbers, "My Lady Goes A-Walking“ by 1iit‘e Elizribcili mints and "song and Taps" by.Mary Walsh. Miss \Viliilims, who is to be con- _:rrntii'iaicd on the fine showing marleiiby her pupils. was the re- cipicllt of an exquisite bouquet and she in thsmkinlz the audience took the opportunity to prcsrni Miss Mirim Netting, who sold the larg- cst number of tickets, with s dainty The following was the program: T 1 Turkey in the Straw—Intermedl- PS. iluncririim DailCC~---Jolllli Mcllityrc and Bnrbzim Bclchcr. I-Ilglilniid Flli1g—Eiiaabotl1 Mar- 111. Vzfctiiiiic I_’oIka—Iiii,cl'iiicdi:ites. Daisy 13cil—'1'con Age. Tap Rfllliille--JlllliOl’S. Irish Llli-—Intcrmcdia1c.s. Dliic Diiriiibc Tccn Ago. M_v Lari}: Gocs A-\Vi1lking—Eliza.- brih Laniz il‘llL"ll'Of‘il. in interest rates and increase in of ‘-rurily fiuliitiulis, l“‘il government and private. c im-rc.-use 1'0: '4 leading countries of 4.1 per cent. ’_R-.1111-bow lfiairies - Lnntz and Barbara Quigloy. [in and Frances Jenkins. Fairl Marie Davis, Joan Williams, Mirim T110 scmiiri pzirl of the pi-ngi-rim was s three-art plavlct which ivn.-'. vcr_v bcaiiiifiilly prosc-nicrl. The :~.l'clic in tho first not was laid in n dni.=_\' ficlzl. A liiimhcr of c:ri.< |'lfllmii.\' (il'C.\’~‘Pfi lo l“i)i'I‘.~'(‘ll‘ rial-:0 took part in ii arts were ill rmirniico wci Doiiv ~l’h', 'f‘crl:iv—.Ion l ' li_\'l'r‘. I l7fll.~'il‘<- fl 9 (‘oi1rad. Billy F:'7"cl'zi1."i. fill. Bflill‘i(l". Rfll'b7ll‘£l: ‘ Jf‘."il (‘-.lli.s, Ann Saddler,‘ Arsciiriillf. 11': ili-r-nvc=—-Mil-ini Notting, linniwcr, l"I\|"l‘ 0\lf"’i‘ -Filccli 7\fcPl1rr~_ 1 I RRADIATED so RICH IT WHIP3 ., -7 ._ .fl , .4,‘-5,, Cont: |Mlddlesex‘.<. supporters ::w i":iir_v-Sylvia Ch'.-1lld- I James Cutmore and Peter yesr 11.3 per cent compared with with surplus of export-sfanr im- or tourist trade which bring total Sunshine F'a.iries——Eilzabeth Mar- Dew-drop es -— Mary-Cs.mp- Dream Fairies — Mary Walsh, Part three of the program was l‘€li"ilpOSEd of nine dance numbers as follows: Sword Dance—-Mary Walsh and Marie Davis. St. Louis Blues—I-‘felene Colwiil. Margaret Martin, Nora Hooper. Beryl DeB‘.ois, Mary Hooper. Sailors Horn Pipe -— Barbara Qiiiglcv, Elizabeth Martin, Fl-ancu Jenkins. Marjory Jordan, Mary Campbell. Raggedy Ann and Andy — Billy Bourke and Paula. Arsenault. Song and maps — Marsh walsh rencored). Pirate Dance——Phyllis Arsenault. Miami Moon-—I<‘rances Clawson. Espana — Dorothy Dumont, Nora Down. Ballet — Marie Davis, aylvu Chandler, Mirlm Notting, Joan wt]- liams, Mary Walsh. ‘ ' Music was supplied by an orches- tra composed of Miss W. Gaudet. piano; Miss M. Leavitt. first violin: Miss T. Teed. second violin; Mr. Fred Doyle, drums. i Cheerful Tone On’ l Mt ’l. Exchange iC- 1‘- By “ “ - Special Wire) MON"iR.i:‘.AL, May 1, —- Montrenl~-- Stock Exchange list started the new ll‘l01'lLll today with a somewhat mciib ' cheerful tons and gains had tlfi nlargin at the close. A couple of weak spots markad the list, but higher prices ruled Iii: metals, papers and individual 11. (mars and utilities. Textiles eased‘? bit. » l3risk demand brought gains of C. v 17mm. and 15'; respectively for Ho]-- llngcr and Noranda while Nickel filmed is at 45'.» Smclters eased ' on odd-lots. Among the papers .~liglitl_v higher prices were shown by st. L8.\\'i‘i‘ilCe Corporation prefer. 1-ed. Bathursi and Howard smith, Carludian Hydro-Electric. up fin points of; 31. scored a smart come- back. but Bell Telephone lost more than 11 point. Shawinigan was 35 loivcr and other utilities remained stationary. Rapid Scmzrams pushed the price up 1% ‘ in 20’.. boat. i(='.‘t=l in more than 3." \\'(‘(‘l(. Bruci-'. silk, Canada. Cement ond and "B" shares of Can- adian Industrial Alcohol eased frac- tions. sales 15,053 shares; bonds $4,780. CAMBRIDGE WEI.L-COACHED CAMBRIDGE. England F0!!!‘ V\'€‘ll-l(l’lO\\’11 pros‘ are putting Cam- bridge University cricketers through their -paces these days. Supervising training are “Pat-" Hendreri, idol of at Lord's, smith, North- Essex, and Austin Maithcivs. A MIL n / ,4/; ll 1 absorption of Distillers" ' 3 1 B ‘In .—.«...