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Oshawa Daily Times, 5 Dec 1929, p. 2

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i PAGE TWO THE OSHAWA DAILY TIMES, THURSDAY, DECEMBER 5, 1929 (INCREASE PRICE © OF NEWSPRINT United States Paper Notified Price Will Be $60 a Ton New LL Dec, 6 Amerie oun Newsps! Dace Ferns A800 tion pl Log announced re- ign notifioation from fwo Cana- paper fom | "price for newsprint would be in- creased from $66 to $60 per tos for 1980, + The two companies, the Bt, Mau- vies Valley Paper company and the vip itibl Power and Paper Ugmpany, ¢4., sald In thelr letters of notifi cation, however, that to publisness who would sign un three-year con- Aract at the new price, they would offer a discount of $5 per ton l + ithe tirst six months of next year, nies that their | 4 The latter concern's announce- ment continued that "recognizing the temporary effect on the busi- nosy of ite customers that may fole low the recent finsncial disturbs ance, the company will allow a dis. count of 46 por ton from this price during the first six months of 1080 to all customers accepting the three-year gsontract" ---- - Wouldn't It be great if money cir culated uy fast as rumors? Life, a ------ The weather seems cold enough for that foolish bird, the Globe Robin to Mite d weet, Catharines Stan ard. When a key is turned in a new door lock the attached knob sping around vithout operating its Iateh, GE Much of the blame for weak chil dren and ailing mothers was placed on corsets, Where Is the blame now to be RSs Port Arthur News | Chronic cle, CoN Travel The King's Highway ] V OSHAWA ~ Daily Coach Service TORONTO FARE~85¢ LEAVE OSHAWA LEAVE TORONTO (Standard Time) AM. d7.00 d7.30 P.M. 3.30 4.30 5.30 68.30 7.30 8.30 9.30 10.30 11.15 A=wDnlly except Banday. AM. d7.30 8.30 9.30 10.30 11.30 PM, 12.30 1.30 2.30 o==funddy only, P.M. 3.30 4.30 5.30 6.30 7.30 8.30 9.30 10.30 11.30 Coach connections at Toronto for Barrie, Orillia, Midland, Schomberg, Orangeville, Brantford, Ham Ho, on, Nisgare Falls, Buffalo and intermediate points, onch connections at Buffalo for all U.S.A, points. Tickets and intormation at GRAY COACH LINES Hotel Oshawa OSHAWA Phone 2825 | BRINGS SHIP TO BAVETY Captain J. Leblanc, Champlain, of the Tree Line boat, Beechbay, who brought his ship into Tos ronto harbor after a stormy and hazardous run from Kingstou, Vree speech: The wonderful privilege enjoyed by all good and honest men who agree with the majority ~Kingston Whig-Stan~ urd, One of the things our American cousins had to be thankful for yes terday was thal they were not born turkeys. ~Hamilton Spectator, aah ld i i Getting Skinnier Every Day Nomething Must Be Done ay Done Right Nows==Quick Tens of thousands of thin, run- down men--yes, and women Lo0-= nro getting discouraged----are glv- ing up all hope of ever helng able to take on flesh and look healthy and strong. | All such people éan stop worry Ing and start to smile and enjoy life right now for McCoy's Cod Liver MKxtract Tablets are putting flash on hosts of skinny folks in ull parts of the world every day, One woman, tired, weak and dis courdged, gained 15 pounds in five weeks and now feels fine, And this shows what faith the makers have in MoCoy's for they any: i any thin person don't gain at leant 6 pounds in 80 days your money will be refunded--and only #0 conta for 60 tablets~Kconomy Size~-81.00, Ask tor them Jury & Lovell, T. B. Mitchell, Karn or any drug store, Ww Girls will be girls, and so will grandmothers A NL TAR ] $9.50 to models in Worse Boys' Suits Two and three-button single double-breasted featuring long wearing teds and cassimeres, 'And for many months thereafter your youngster will wear these Suits and Over- coats -- offered in this very special selling. Made to specifications that mean utmost quality in style, i in fabric and in tailoring. Boys'O'coats $7.50 to $18.00 Shown in single or double breasted models with fa- brics that are noted not only for warmth, but for $16.50 or styles; wear. JOHNSTON'S Healthy Optimism That fundamental conditions in Canada are sound, and that there in no reason for apprehension ss to the ultimate future of this coun try, was the keynote of the address delivered at thg annual meeting of the Bank of Montreal by ir Charles Gordon, the president, In view of existing conditions, unusu- ol Interest was manifested in the weeting, there being an overflow« ng attendance which ineluded many of the leading business men of the Dominion, "There never was a time In the history of Canada," sald Bir Charles, in summing up conditions, "when business ds a whole has been at a higher peak than dur- Ing the year under review, o» when the developed wources of our wealth were more wide and varied than they are today, and never » time when the earning power of our people was sustained in so many channels of production, We must not allow a temporary reac tion, the result of a purely specu Intive orgy in the stock markets, unduly to distort our view," In a comprehensive review of the commercial situation in Can ada, he remarked: 'It whould be kopt in mind that there have heen five years of almost uninterrupt- od expansion, In that brief period Canada has achieved a degree of development quite upprecedented. Not in one or two directions, but practically in all, remarkable ma terial progress has occurred--in agriculture, in many lines of manus facturing, in mining, forestry, trad. ing, water power reduction, and building construction Greatest Advance Iv in Mining During the early part of the pres. | ent year, he remarked, business, generally speaking had remainen netive, and there was no serious check whatever during the first ten months, vance in any direction had been wn | mining He told of having visit | od the plants of the British Em. pire Steel at Sydney, the Interna | tonal Nickel at Sudbury, the Al goman Steel at the Soo, and the Con« gsolldated Minidg and Smelting | Company at Trail, remarking that | one must see thesa plants for one self to realize what they mean to the districts in which they are situs to transportation | pod, Other names, he sid, which are becoming house hold words are Noranda, Flin Flon, and Sherritt Gordon, and they in turn would mean much to the 10+ ealition In whith they are located, because they are not only great mining ventures, but propose to es | tabitwh concentrators and refiner | len Among the other favorable fea | tures in the situation, he mention od the fact that there is no infla- tion apparent In any of the great basle commodities such as wheat, sugar, cotton, steel, and other raw materials, so that we had not to witness a slump in these prices ns wall as In the stock market, . Bo | tar as the banks wero concerned, | another favourable featura was the | tha country | unprecedently high rate for money | In Now York, running as high nas 10 to 15 per cent for long periods, [ « 'No specin! advantage WAK taken of this by Canndidn banks,' ' he re | marked, "ns the business of the country 'was so notive that thelr money was fully employed in ®an- anda, and, with the exception of the regular regerves held in New York, Canadian banking funds did not [ 1 tiow that way, nnd every legitimate | need of this country was taken onre of at much lower rates thau | prevailed In the United States.' | Unfavorable Features of the Year Unfavorable features in the situs I" atton were, first, the small erop of the Prairie Provinces and the slow movement of the grain toward the ponboard, and secondly the orash in | the stock markets, The first had affected American exchange, which at times had ranged around two per cont premiums; ft had affected the earnings of the railroad and steamship' companies; and it had oauned some check to business yons orally, As to the second, that was inevitable in a situation which had grown so top-heavy, but fortunate- ly only a small proportion of the people were In the stock market, so the losses would be confined to ities AD few, At the same time, what had occurred was hound to have an effect on the purchasing power of the country as a whole, In reviewing eorop situation, Bir Charles sald: For the first time fn five years, grain orops were a partial failure in the Prairie Prov. Incen, the yield of Wheat--270,000,« 000 bushels--Dbolng one<halt that Possibly the greatest ad-4 interests, | | and to subsidiary Interests all over | Fundamental Conditions Sound Says Bank of Montreal President Sir Charles Gordon, President, at Annual Meeting of Bank | of Montreal Draws Attention to Great Strides Made by Canada During Recent Years--H, B, Mackenzie, Gen- eral Manager, in Reviewing the Situation in Canada, States That Realities in Canada Afford Firm Basis for a * of 1928, and that of other cereals correspondingly smaller, The har~ vest was gathered rapidly in pro- pitious weather, and the quality of the wheat has graded exception ally high, Discouragement ever, dominated farmers of the Northwest, They were fortified ngainst the short crop by four fa- vorable seasons, "The reduction In thelr Incomes this year Is not to be measured hy the decreass in anantity of grain; prices have been higher as well as the grades, Yolo # reduced yleld of about 270,000, 000 bushels of wheat cannot he Ughily regarded, for while the profit to many individuals may be satisfactory, purchasing power In the aggregate will be curtailed, Turning from the Prairie Prove inces, it may be sald that in the remainder of Canada the harvest was irregular and somewhat below 8 good average, though highly sai isfactory over large areas, Referring to the decline of $45 000,000 In Canada's externa trade for the seven months. to October #1st, he sald this was more than necounted for by a decline of #141, 821,000 in exports of farm pro- duots of all kinds, principal has not, how- | companion glardd but presented a foothold for a spill second, long enough to allow Dick. onson his balance, Then he starts ed the downward tumble again, Hung Over sheer Drop A few feet from the start of the sheer drop to the jagged rocks he low, Dickenson says, he clutched again at a root, It held--and stopped hig tumble, Then, grimly, he hung on to save his life, In # minute his presence of mind returned and he began to shouts Time snd again his cries split the darkness, but no answer came, / Then, neh by inch, Dickenson began to climb, shaking in every mb, not daring to Jook backward, Knowing that if he should slip again he would be smashed to death on the boulders beneath, he worked his way in slow agony, At last he resmched to within & foot of the ground level and, rencli fng out both arms, in a great ef- fort, he pulled himself over. He rested a minute and then started out to glve the alarm, "nally he reached the store of WwW. Abul, of 788 Concession street, Abul enlled police headquarters and & squad of motoreycle officers woon roared over wll roads and streets In the digtriet, At mid- night, however, no arrest had heen made, Two mon wore seated In a rail way earringe, As soon as the train gtarted one of them got up and op~ ened the window, His travelling sald nothing however, the In un few minutes, swan wheat, Cordial Reception for Mr, Mackengie Mr, H, B, Mackensgle who made his first appearance hefore (ne shareholders as general manage of the Bank, had a cordial recep tion, He pald a high tribute to his predecessors, remarking: "We are happy in the knowledge that Sir Frederick Willlams<Taylor In a higher, office may now look for ward to a period of comparative rest while the bank will have the benefit of his ripe experience and counsel." He drew attention to the fae! that the balance-shest showed ns pots aggregating $065,000,000 against 8878,000,000 a yenr an Increase of $92,000,000 also pointed out that deposits ng HB ngo of #50,000,000, despite the fant that deposits "after notice" had de creased $18,000,000, the last reflec investment in securities, The last year had been exceptional in that reenact, and the Bavings Depart y t would probably now resume i's normal growth Extraordinary Demands for Loans, Regarding current loans in Can ada, which at $309,000,000 show ed an increase of $68,000,000, he sald, "Our customers In all of production and commerce, have, a# always, been our chief onto, and thelr needs have heen fully sup piled, but we have recently heen declining numerous applications, large and small, for loans against other than business purposes, gens erally the purchase of securities These applications had becoins so numerous that they threatgned to encronch upon the money' needed to finance the country's husiness,' The profits for the year at 87, 070,000 compared with 85,847,000 A year ago, and the Increase, he suid, was accounted for by higher rates for call maney In New York und a larger volume of loans res quired by expanding trade In Can ada, together with comparatively Hight mercantile mortality in Can- ada, Ample Ground for Confidence Summing up, ho sald: "A review of trade conditions in the various provinces exhibits, upon the whole, not a banner year for Canada nor a quite cloudless sky but sound bas lo conditions and, allowing for a temporary lull In business, ample ground for confidence in our fu- ture growth and prosperity, The chief disappointment is the crop In the Prairie Provinces, but.-teo much should not be made of one lean year, The West Is a country of proved agricultural richness and over a savies of years nothing Is more dependable than seedtime and harvest," Making a brief rel. erence to the collapse of the stock market, he added: "It fa well that the ¢rash is behind us rather than still ahead of us, and it ia also well to remember that there has been no destruction of pra erty. The real wealth of the United Staten and Canada remains what It was, That may not give much Sows fort to the losers, but it is im tant from the standpoint of natlo on al welfare and prospects, Business will perhaps be somewhat quieter while we are gettiyg back to reall. ties, but the realities in both coun tries afford firm basis for a healthy optimism," ROBBERS THROW ~ MAN OVER CLIFF Murderous Attempt Made By Bandits at Hamilton \ ----t-- Hamilton, Dec, b.~<Hurled over the edge of a 100-foot oliff by a murderous bandit gang, & Hamil ton man saved his life last night by olutohing wildly at a clump ot roots as he fell and then, overs hanging jagged rocks in the chasm below, pulled himself with torn and lacerated fingers, back over the edge of the precipice to safety. Ruch was the story told last night when, exhausted and bleeds Ing, George Dickenson, 12 Tucks ott street, staggered into police quarters and started forces on a hunt for the perpetrators of one of the most cold-blooded crimes in the gity's history. I"orelgners are blamed for the atrooity and the search theretore centred in the lower edges of the olty late last night, Although a car was used in the orime, there ia no description of the machine and only ona of the thugs does Digkenson remember, According to Dickenson's story, he was walking alone in Mountain Park drive shortly after 9 o'clock, A "big sedam drew up de him and one of three or four passens gers stepped out, Poking a revolver into Dicken- son's face, the thug bhcked him to the edge of the mountain and then rqnaacked his pockets, taking 338 in' bills, Then, Dickenson declares, - the bandit turned halt away, looked around, and reaching out one arm fuanad his victim backward over he edge of the oliff, . For 20 feet down from the top, the oliff slopes gently. Down this steep grade Dickenson rolled and tumbled, flinging his hands out wildly at stones and roots and weeds and bits of jagged rock, only to have his hold slip each time, Twice bits of root held him for a geoand and then hroke off, Part way down, a narrow ledge He | gregnted $772,000,000, an Increase | tion principally of withdrawals for | Wnos | | | | | [ good collateral but to be used for | o* from ,....4 Gl SAINI 5501 3d OSHAWA AND DISTRICT Typewriting Championships THE WINNERS nila CHAMPION sodool,' Gertrude Gomme Rperions yo MACHINYE Und, CLARK fenlor Hpeed Oshawa Gertrndg Tobbwon Prericis wo, Oshuwa Intermediate Mpoed Dovothy Mather Peorlogs mo, Bowman Elaine Hill Podrions' B.O, Mountain Grove Pearl Colling Ovhawa Bernico Bagnell Bowmanville Sanctioned by J. N. Kimball, International Contest Judge, who supplied the copy used by contestants, Conducted under the direction of Fred Jarrett, Canadian Coritest Judge. Und, fenior Accuracy Und, Und, Intermediate Accuracy Und, Novics Hpeed Peerless 8,0, Und, Novice Accuracy Poerlesw' BA, i Ladies' Coats We offer a splendid collec. tion of fur trimmed coats. Every beautiful fabric is here, and all the new styles. A small deposit brings you your choice. Prices from TIES RES eee DRESSES New styles, new colors, sizes to fit every figure, sortment to choose from, mod- erately priced from $1095 THERES IHRE SHOES Men's Suits Men's two pant suits materials of the highoo quality-- fine worsteds, tweeds or blue TF8091:50 Pricer u re -------- Open a Charge Account TODAY tod much for up and closed was got "What do you think yotire plays ing at?" he demanded angrily, "Draughts," responded the wine daw opener woolly, bf Your move!' wintry blast him, and he the window, For n while there was a strain ed sllence, Then the first man got up and opened the window, This was too much for the oth. A committes is a perfect hs TA for postponing aetion and dividing re~ ponsibility Kitchener R coord, , A nu ry Dress Up For the Christmas ws Soy BY PAY I SSLATER. ¢ Let us solve your clothing pth: lem. We will help you over your difficulty, Just select thé' clothes you require from our stock of wonderful new' styles. Our prices are right and the pays ments easy. Men's Overcoats | Young Jmen's Bnappy OVeroots fn Guard models, Ulsters, ate, and styles more cons sorvative, Chin» ohillas, Meltons or Tweeds, The new heringbone patterns and overcheck des slgne~fawn and tan shades at popular prices, A larger as- © well tailored. 67 Simcoe St. N.

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