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Oshawa Daily Times, 4 Mar 1930, p. 7

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THE OSHAWA DAILY TIMES, TUESDAY, MARCH 4, 1930 PAGE SEVEN Latest News of Stock Markets, Grain and Produce Exchanges WAR VETERANS ALLOWANCE BILL [5 INTRODUCED . (Contimied fcom Page 1) in Canada and England only, but who are.drawing a pendjon for dis- ability, or who have received final payments for pension or have com- muted their pension for disabilities between five and fourteen per cent. Administration The next clauses of the bill deal with the method of administration. The aet is toshe administered by a commitfee entirely apart from the pension board, to be known as the War Veterans' Allowance commit- tee, composed of the deputy-min- ister and assistant deputy-minis- ter of pensions and national health, and not more than five and not less than three other persons appointed from"the staff of the department. The deputy-minister, and, in his absence the assistant deputy-mia- ister, shall be the chairman of the committee. An interesting provi- sion is that the committee shall "THOMAS MCGILLICUDDY "The Man of a Thousand Stories" Noted Chautauqua En- tertainer who presents "A Bagful of Folks" FIRST BAPTIST "CHURCH Wednesday, March 5th at 8 pom. A real riot of LAUGHS ADMISSION Adults 35¢ Children 25¢ Our deliveries are speedy and dependable--you'll get just what you phone for. The purest drugs measuring up to the highest chemical test! and merchandise of quality in every department. You need to know us for the sake of ycur comfort. "Establish a Bond of Service Between This Store and Your Home > WSs PUSS BY, DRUG RIG ORL TO POST OFFICE NEXT 10. ONE 378 have power to appoint a person or persons to hear gnd receive evi dence in respect to any applications for allowances, Whether this means that one person shall be appointed to visit various centres, or whether men shall be named wn varjous stra- tegic centres of localities, has not yet been clearly determined. Qualifications The qualifications for allowance are clearly set forth iu the bill. An allowance will be paid to every war veteran, who, on attaining the age of gixty, has less than $730 a year in the case of married men. or less than $366 a year in the case of single men or widowers without minor ehildren. Any veteran who has not reached the age of sixty, but who in the opinion of the com- mittee, ig, by reason of mental or physical disability, is unemploy- able, and has by reason of that con- dition less than the incomes stated above, will also be eligible for the lowance. If after receiving an al- the veteran must have resided in Canada continuously for the three years before his application for al- lowance. 1f, after rceeiving an al- lowanco, a veteran leaves Canada, the allowance will cease, but it may be reinstated on his return to Canada. In the case of a veteran who is tnfit to manage his. own affairs, the committee may pay the allowance to other persons for ad- ministration on his behalf. Amount of Allowance The amount of the allowance to be paid is approximately the same as that under the old age pensions scheme, For a married man Hy ing with his wife, it shall be forty dollars per month, subject to re- duction by the amount of his in- come in excess of $250 a year. In the case of a single man, it shall be twenty dollars a month, subject to réeductioh by the amount of his income in excess of $125 a year. No allowance will be paid for any man who is receiving care or treat- ment in departmental institutions for the insane: The allowance will be suspended when those receiving it are sent to jail fcr any offence, while they are receiving care in any departmental institution, or while they are absent from Canada. On the death of the veteran, payment ceases, except that the wife re- ceives two months allowance after his death to give her an opportun- ity to make provision for her fu- ture, Veterans' Income For the purpose of determining a veteran's income. the bill pro- vides that it shall not include any income from the property in which 'the veteran resides when it is as- sessed for legs than $2,000, nor the equity on any property, assessed at under $2,000, in which he may reside. Nor will it include any amount of $120. Additional pen- slon which the vsteran may be drawing as clothing allowance, or on account of children, shall also be excluded in making up the amount of income for the purposes of the act. Where a veteran owns property and is not residing in fit, his income from that property shall be counted as five per cent. of the assessed value in excess of any encumbrance there may be on the property. It is also provided that any transfers of property which \iave been made less than five years before an application for allowance is made shall be deemed to have been made so that the veteran could apply for an allowance un- der the act. These are the main clauses of the bill. The others refer to mat ters of routine and administration, rather than with the terms of the allowances, One other clause, how- ever, stipulates that, in 'the case of a veteran receiving an allow- ance being granted a retroactive pensfon, the amount he has re- ceived in allowance will be deducts ed from the zetroactive pension payment, on the assumption that had he been receiving this pen- sion all along, he would not have been eligible for the allowanée. It provides, too, that zny allowances made under the act are not subject to alienation, transfer or seizure. The date fixed for the act coming into effect is September 1, 1930, Not To Replaca Pension One important phase of the bill in which the Canadian Legion 1s greatly interested is that it is not intended to take the place of pen- sion where « veteran is able to es- tablish a right to pension for war disability. War veterans who have disabilities which can be proven as attributable to war service wii still come under the provisions of the pension act, and unless their pensions are 1€ss than the pmounts of income stated in the Bet, will) not be eligible for allowance. The War Allowance Act, therefore, is intended only to cover the cases of men who, while they may be burnt. out and broken down in health, are unable to prove that their dis- abilities are' attributable to war service, and are thcrefore unable to qualify for pension under the pension act. Coach USED CAR 1929 Easex Coach Phone 1160 1927 Ford Coupe, extra good $200.00 Ross, Ames & Gartshore Co, ld. HUDSON-ESSEX terriers $0LS00 185 KING ST. W. causual earnings or gifts up to the |t Markey Summary TO! Stock High Br. A. Oil 35 Braz. .. 38 Can. 1st Cockshutt Cty. Dry. Dis, Sgrm. Dm, Strs. Gypsum Hr. Wal. Int. Util Int. NkL Int. Pet. ind. Alch, Imp. O11 Lob. "A" Ms. Hr. Me. Frt. Mt. Pwr, 134 Pg. Hr. 96 Shaw. 75 8, Station 48 19 47 9 22 24 9 Falcon. 410 Holl, .. B75 He. O11 850 Hy. Gold 83 Hd, By. 1350 Kt. Fir. 3 Lk. Sh. 2250 Stock Market Prices 'Toronto and New York Stock Quotations Supplied by Biggar and Crawford, Alger Bpilding, Ushawa by Canadian Press Sh, Gr. Years Hr, Tk He. 8d. Bs. Stock High Amer, Can. 140 Am, Fr. Pwr. 93 Anaconda 76 Balt & Ohio 116 Can, Pac, ..203 Chrysler .. 88 Cs. Gs, N.Y, 132 Col. Gra. ., 28 Dupont ... 127 Erio Rail .. 59 Gen, Fds. 51 Gen. Mot. 42 Hud. Mot. 66 Int, Com. . 6 Int, Tel. 68 Jone, Man, 136 Lse. Wis, .. 64 Mex. Sbrd. 22 Mt, Ward .. 47 Phil. Pet. 35 Pb. 8r. NJ. 98 Radio 50 Simmons «,. 64 sim, O41 ... 25 St. Oil NJ. 62 Ut Afr. .. 65 U.S, Steel 182 Woolworth 65 Yel. Truek 20 Low 139 92 74 116 202 28 ve Noranda 4100 Money rate 4 per cent. Produce Prices in the Commercial Markets TORONTO GRAIN QUOTATIONS Grain dealers on the Toronto Board of Trade are making the following quotations for car lots: Manitoba wheat--No, 1, North- ern, $1.15; No. 2, do, $1.12; No. 3, $1.09; No. 4, $1.07; No. 5, 98}; No. 6, 77¢; feed, 72¢; (cif, God- erich and Bay ports). Manitoba oats--No. 1 feed, 56c; No. 2, do, B5e. American coro--No. 2 yellow, 96§c; No. 3, do, 93§c; No, 4, do, ] 13. Millfeed, delivered, Montraal freights, bags included--Bran, per on, $33.25; shorts, per tom, $35. 25; middlings, $44.25. Ontario grain--Wheat, $1.10 to $1.15; oats, 45 to 48c: barley, 62 to 56¢; rye, 73 to 7B¢c; buckwheat, 80 to 82e, FARMERS' MARKET The following are quotations, re- tail, in effect on the St. Lawrence Market, Toronto: Produce Ep. extras per doz $0 50 to 0 00 do firsts, per dozen 045 0.00 Butter, dairy, per lb 035 oo do creamery, per lb 0 42 04> Fruits and Vegetables Carrots, bush. ......000 150 d0 6 gt: «omer --a000 035 Beets, bush. wee ..000 1560 q0'8 qt. onsen 000 035 Brussels sprouts, qt. 000 0235 Onions, dry, 11l-gt. 000 do 6-qt. basket ...000 Cabbage as mune + 0-00 Cauliflower -s e026 Endive, dozen ..----..000 Spinach, peck ..--..000 Mushrooms, per 1b: ..0 00 Leaf lettuce, three for 0 00 Head lettuce, two for 0 00 Parsley, per bunch ...000 Cress, three for ....0.00 Celery, dozen ----.....126 Oranges, per dozen .-.0 25 Grapefruit, each ....007 Potatoes, bag --..e--e+.2 00 Cucumbers, each ....000 Lemongd, per dozen ...0 23 Bananas, per dozen ...0 25 Apples, 6-qt basket _._0 00 Cal. green peas, 6-qt 000 Green beans, 6-qt. ..0 00 Green - Peppers, 4 for 000 Turnips, bushel .....000 Apples, bushel --....125 Leeks, 6-qt. basket --.0 00 Pineapples, each .....0 00 Tomatoes, 1b. ..eeeeee0 00 Rhubarb, buneb* ..:.0 00 Horseradish Bel. 1b --.000 Egg Plant, each ----..000 Brockley, bunch ...000 Strawberries, pt. ...000 Tangerine ....-. --000 Radish, 4 for ------...000 Green Onious, dozen 0 00 or | to freight. | ton, 20; Nov., 132. Butter--April 7; Mar. 390; Nov, 3 Chicago spot market--Butter--Ex- tras, 33 1-4c; standards, 33 1-4c; tone steady, Eggs--Graded firsts, 23 1-2¢ to 2c; tone steady. Two market receipts: Butter--To- day, 17,168; last year, 15928. Eggs-- Today, 37,517; last year 28219, New York spot market--Butter-- Extras 34c; no tone. Eggs--Firsts, 25; tone irregular, TORONTO LIVESTOCK Toronto, March 4.~--Receipts, 979. Trade slow. Heavy beef stirs $9 to $10.25; but cher steers, good to choice, $9.50 to $10.25; butcher cows, medium $7.25 to $8; calves, good to choice, $13 to $14. o $13. Good ewe lambs $12.50 to § TORONTO HAY AND STRAW Wholesale dealers in bay and straw are quoting to shippers the following prices for carlots deliver- ed on track, Toronto: No. 2 Timothy, baled, ton $15.00 to $00.00; No. 8 Timothy, baled, ton, $13.00 to $14.50; Wheat straw, baled, ton $11 00 to $00.00; Oat straw, baled, ton, $11.00 to $00.00. TORONTO WHOLESALE GRAIN Grafw dealers at Toronto are quoting the following prices for grain in carlots: Manitoba Wheat--No 1 North ern, $1.16%; No. 2 Northern $1.13; No. 8 Northern, $1.09; No. 4 Northern, $1.07; No. 8 Northern, 8%; No. 6 Northern? 77¢; feed 'wheat, 72¢c per bushel. Price on tracks 1c higher than above, Manitoba Oats--No. 1 feed, 56¢; No. 2 feed, 55¢ per bushel (c.i.f. Goderich and Bay ports). American Corn--No. 2 yellow, | kiln-dried, 98%ec; No. 2 yellow, 93%ac; No. 4 yellow, 91%c; Toron- Millfeed---- (Delivered Montreal, {reights, bags included): Bran, per $33.25; shorts, per ton, $35.25; middlings, per ton, $40.25. Manitoba Flour--First patents, in jute, $8.20. Toronto; seconds. patouts, in jute, $7.60. Ontario Grain--Wheat, $1.10 to 31.15, Oats, 45¢c to 48c. Barley, 52¢ to 55e: Rye, 78¢ tq 75¢c. Buckwheat, e. PRICES RECEDE Bitter Oranges, dozen 000 Parsnips, 11-qt. bskt 0 00 NAIROBI OY COVOCOCOCOOCCRANDIO Hm MOONCOUHMSOOT OO CHICAGO PRODUCE FUTURES | Chic March 3.--Quotations held wit! it change on the spot egg 'call this mornnig, offerings being ra ther heavy, with only a moderate number of posted bids. Futures opel ed in a quiet trade, which was con- | tinued throughout the, session, 80 that values held with little variation during the morning. The spot butter market was unchanged this morning; but the undertone seemed to be firn. Activity on the future call was cons fined largely to the March delivery, which field. reasonably steady around 32 7-8c. It + woud appear that some new in hii bes the market around levels. Opt items Eggs~Marel, fresh. 185; March storage, 3; April, The bill, as tabled in the House of .Commons, represents the view point of the Canadian Legion ag to this class of men. It {zs algo intended to represent the thought of the people sfyCanage 8s to how | these men should be assisted, and it is & direct reflection of tho ideas which were expressed by Gener Sir Arthur Currie in bis now fame ous message to the Dominion Con- vontion of the Canadian Legion: at ON QUIET MART AT WINNIREG | Slight Comeback During First Hour Recovers Lost Ground (By Canedian Press Leused Wire) Winnipeg, March 4.--Wheat prices sank lower today iu a quiet | Winnipeg market. Opening practic" ally unchanged from yesterday's close, the market slipped 1%c to 2¢ in the first hour but 1cgained a emall amount of the lost ground. Around eleven o'clcck quotiations were 10c to. 1% ¢ lower with the May future selling at 1.10%, down 1%¢; July $1.12%, 1% lower and Octcber 1%c down at $1.12%. A small export businoss was worked overnight but heavy offer ings "offset this favorable news and sentiment became extremely Weaker Liverpool aro had a low ering tendency bere. Liverpool ve ports however indicated a slightly improved demand for Canadian wheat at better prices In tho near Regina last Nov ember, |' future, NATURAL GAS CONSERVATION IS HUGE PROBLEM: Edmonton, Alta. March 4.-- Conservation of natural gas by re- striction of the huge waste flow-- 185,000,000 cubic feet of gas daily from the Turner Valley oil field is one of the most important prob- lem facing Alberta people today. Dr. R. C. Wallace, president of the University of Alberta, declared in a recent address here: "About 40 per cent. of the open flow should be permitted to escape, the rest being retained by a black pressure on the gas con.ing out, stated Dr, Wallace. The gas would then be richer in oil, as this pro- cesg tends to recover more of the ofl that ig likely to be in the field. Furthermore, the field would last 1 nger. In suggesting various ways for the utilization of this waste gus, Dr. Wallace pointed out that many of the possibilities demand large capital and sureties of tenure and operations, "ln certain fields, particularly those supplying Buffalo, storage of the gas has been done under- ground, in exhausted sands," ex- plained the speaker. "Most of the gas from the Turner Valley field is used for domestic purposes, very little for industrial purposes, and none for chemical uses," he went on. "There ig a possibility of piping 4. ad yance of m ing the casion of Charles to Swift Current, Moose Jaw, Re- gina, Saskatoon, and even right through to Winnipeg. | But a pipe line to Winnipeg is a big project, and not probable un- | less one can ensure the duration | of the field. is much greater in the winter months, unless one can industrial k ize the west. At present, there 1s | to supply gas to Butte and Great | Falls, Montana. This would use 50 million of the waste 185 million cubic feet. produced from the waste gas, at- tract other industries, The commis sion that has enquireq into the matter estimates that in five years there can Le built up the utiliza- tion of 90 million cubic feet pe: day, 0 in the production of benzol, which leaves ag a by-product a gas which can well be ured for domes tic purposes, 30 in carbon blak and 10 in hydrogen," stated Dr. Wallace. Carbon black, he explained, is extensively used in the manufac ture of auto tires, It is however, he said, a destructive method of the utilization of gas in a chemical way. Benzol has high detonating valuo and anti-knock properties, 80 is valuable for use in-auto fuel. | The only question bere is the cost | of production, Hydregen can be obtained more cheaply from natural gas, This & used extensively in the manufac- ture of ammonia for fertilizers, as | well as in the process of bydro- | genation, said Dr. Wallace. | In conclusion Dr. Wallace stress ed the importance cf conservation of the gas by the restriction of its flow, and the fact that piping some distance depends on the long du:z- ation of the field, ten ycars being too short a time, and fifteen only allowing possibilities, Chemica! utilization, the speaker claimed, was the most feasible and service- able suggestion, stating that it was a fleld of enormous interest fo: the research worker and the in- dustrial chemist. NGKELTOFIND RADIUM WARKET| Research Department of Huge Mining Concern To Develop New Product Toronto, March 4--The latest turn in the affairs of International Nickel of Canada in the way of de- veloping a world market, and then throwing its own produce into that market, concerns the sales of plati- num, The company's annual report, released yesterday, pointed out that Nickel's Research Department, which has been so eminently suc- cessful during the past few years since the war in the way of making markets for nickel, will now de- vote its attention to making mar- kets for platinum. International Nickel has a heavy content of platinum in its ore from the Frood mine, but at present world demand does not seem to keep pace with the company's pos- Th an application to the government |; ie "Products that can be chemicaly |27 discovery now in der governr | prospect in Wilberforce | their innings on March 7, w hes J. LI ible output before the end of 1930. The situation with relation to platinum is no more than a repeti- | tion of the history of the market ing of nickel, When the war was on International Nickel bad a big | market in the way of armor plate. At tho end of the war, the market | died, and International Nickel was | gasping for some years. But the gasp produced Nickel's Research | Department. | Now, so many new uses for nic- | kel have been discovered and de- | veloped that during 1929, when in- dustry in the United States was | booming, Nickel wae selling nickel faster that it was turned out, In other words uickel sold hot from the smelter. International Nickels big re- search organization will attempt to repeat in the case of planinu The experiment will be watche with interest, but with one hig mar. ket success. back of it, the chiet wonder is to guess where platinum will not be used a few year from now, IMPORTANT PAPERS BY MINING EXPERTS AT TORONTO MEET Leaders in Mining and Al-| lied Industries Will Meet | Next Week | (By Canadian Press Leased Wire) Toronto, Ont, Mar, 4--The an- nual meeting of the Canadian Insti- | tute of Min and Metallurgy, the | great get-toge event which has become highly important in the in dustry and which each year attracts greater gatherings, will be held in| Toronto March 5-7. i Amongst the hundreds of visitors | will be distinguished Canadian min- | ing men and many repr tatives | from allied industries. Lamous cn- rineers will, as usual, contribute to proceedings of 'the Institut which include the reading of p: of particular interest. This year the programme shows a wide range subjects. Officials from the ic provinces will present reports of Z| year. the re mining ANOTHER BLUE MONDAY Gone by and how my arms and back aches RESOLVED That 1 am going to buy a new Thermo Electric Z\WASHER before next Monday. Why go on slaving when a few cents a week will pay for one. Just phone 907 and say: send me a washer on trial without any obligation. 12-year guarantee. Also a few good used wash- ers on hand. 12 BOND ST. E. OSHAWA The Institute. will b Premier G. H. Ferguson, i the annual din McCrea, Provincial M ; nd Mayor rt > the principal speaker Institute luncheon on the first! greeted on ter ot Wein Again, the peak load ["Tw Oras da Sie gre gre eat interest to the d pulp mar | f "The Ut Acid Making Freeman portant studies of the securing acid supply r paper plants from native which are abundant. Onta tributes "Lignite Deposits kawana," the much discussed i jrocess of tes t supervision. Dyer, who is an authority Moose River Basin deposits. will the speaker. It ma be ¢ knowledge that Ontario has a towns paper on which will be read by H. Spence, D. C. Sinclair of the Dt: | ment of Mines will present informa- | ition on "The Mines Inspector pnd | 3 Mines Safety." Metallurgists Have | 10 con- at Ona- | on not Denny, one of the leading mil men | of the industry, will read "Go i Min- mg in Canada." Dr. H. C. Cooke, his study of the R present a paper on "Mineral De- velopments in Western Quebec Ontario and Quebec are expected Ww show remarkable ance in pro- duction and there is great interest in the figures which will appear at the session. A. C. Young will ¢pe ak for Ontario and S C Dominion Bureau represent the Dominion, fresne, director of the Bureau Mines of Quebec, H. P. Gallow: British Columbia, W. E. M of New Brunswick, anc vey will be other speakers, of ay. of len, | duches a Map ee | received yesterday * bel Con oN | writer known as Princess Baronte who Hotel a fortnight a_o, - | known, and a despatch from Vienna GEN. CURRIE MAKES) (STATEMENT ON BILL to hear and re respect to any matter to allowances, tion of this act will be its most diffi- cult feature and I cordially com- | mend to moke use which can be available by the dif- | ferent social service organizations through out the country, an economic standpoint and from | the standpoint of the man's happinesg, and standpoint of the development of 1 J. P. Messer-| his children into useful citizens, would appear to be very important HISTORIC OLD NECKLACE SOLD | FOR ONLY $7,270, Col. Townsend, Her Emis- sary Writes Duchess Say- | ing He Kept $60,000 for Expenses M: ch 4.--The Arc he | Therege of Av-'ria, lady tucl Away decadent grandeur of a palace in republicau has received a cheque for New York, © 1 $7,270 as the net prpceeds of the Napoleonic necklace, $350,000, according to a cablegram she valued at Vienna ant from y and passed on to Attorney Hastings. Meanwhile the whereabouts of} ownsend and his wife, a pent a night «n a Palm Beach are un (Ce tinued from d from Page 1) ceive evidence with pertaining A just administra- of the help both from own above all from the it | that the more effective service should be giventin the administra- tion of the Act looking to any pos- sible re-habitation of persous and | families benefiting under it as | rapidly as possible. I know that some of our men have reached uch a eondition that they wil} al- | waye be in a state of dependency, | bet I hope that in the case of many, may raise them again | to the point of self support. "I gealize that this bill involves 1e expenditure of a good deal of but I do not believe the pub- Canada will regard it as too rous under the circumstarfces, It also be remembered that the e of compensation provided by the bill will relieve municipalities and the citizens thereof from much service > | relief work | "I respectfully suggest that great- er consideration than that mentioned in the act should be given to the allow vances paid after death of bene- ficiary in 'those cases where the de- | ceased leaves minor children, It is sad but it is true that many of our en can no longer be made into eful productive citizens but such iss not the case with their children, | On the whole I belicve the bill will be favorably received by vets and their organizations. Welk now await with much interest? endinears to the pension act? and the manser of its administration. : Your Eyes and Our Service W. A. Hare, 8 Bond St. East A Correct Correction If the glasses you are wearing are. a proper--a comfortable-correction, * you are not conscious that you have them Jon. A very slight Mivration of" ten : If you have cause to i that your present glasses are not comforts able, we might Be able to improve your correction. Ready at your con-» venience. » (Continued Next Tuesday) AS LONG AS THAT COKE NEVER WILL GET IN J Defy TI: 'Ss BURNING , WE these Winter Pests ; FREQTORARSRRRLIS RBH OSLER us with HAMILTON By-Product COKE Fill up your fuel bin with this mew Dustless Coke and laugh at Cold Weather and its followers. Hamilton By-Product Coke gives abundance of clean, healthful Quickly if you want it. Steady if prefer it. But always ready to to your soot or powdery ash. Requires very demands. Burns, without dangerous fumes, to a tittle tion. And sions vide 4 thes soph orities there is a saving of 33 x= | actual cash over other solid fuels. today from your dealer, SOLD BY DEALERS EVERYWHERE Pro COKE ee Dustless Fuel" MADE IN HAMILTON, ONTAR OWNED AND OPERATED B Aa IN COKE OVENS CANADIANS, dis YE

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