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THE OSHAWA DAILY TIMES, WEDNESDAY, l- 26, 1930 PAGE ELEVEN 'Stock Market' Prices" Marks Sammary by Canadian Prem Toronto and New York tock Bigger and Orawtord, Algor Supplied by Oshawa FFEFESESF §F La BSS ESE tela EE. Eg FF Standard Mines dtook Alloghiny +. Allg Chal, oo Amn, 160 4 Amn, Inter, " Amn, Bmel, 76% Amp Tel, " Baldwin a" % Borg, War, 48 th, Stee}, 107% oun, I fii 3h Ceti, Pac, '314 Com, Mol, 40% Chrysler 0 80 Dav, Oh .. 43% Vox ¢io0ve 20 Gen, Klec, 80% 1% studebaker " Tm, RI, Boar 845% Ul, Steel 192% U.S, Rubber 30% Money rate 3% per cent, "AY AND STRAW Pal N8 Wholesale dealers hay and "aw are quoting shippers the fol. lowing prices for thpload, lota, do Mvered on track, | No. 2 Timothy ,,.815.0° No. 3 Timothy ... 383.00 34,00 LEI] Wheat straw ...ees 10.850 Ont straw divans BU Steel's Store Crash in U.S, Canadian Company O.K, Buftely, March 86.~~An invol vuntary filed in Federal Court hore yesters day against, Steel's Stores, Ine, & rn with main oftices in Bute 0 and 25 stores in the United Stock Markets, To The proceedings do not involve the Canadian company, Steel's #tores, Ltd, nor the American aud Canadian holding company, Steel's Consolidated, .ne, 'A9)§ 'puviSuy 'aopuo ee 'avy 0 8113 [190 OF #00DP IVUM pot 8 09000 PYep © #9 July ony ou ¥j oon) BAO d0jam Hiody v GENERAL MOTORS CONSUMERS SALES SHOW INCREASE Gain of 19 Per Cent. Over Previous Month Reveal. od in February Report New York or March 26--During the mc. h of February General Mot- ors dealers in the United States de- livered tu » nsumers 88,742 cars; ace sotding ko an announcament by Alf. red P, {fa residents . This compared ih 10,148 for the corres. ponds Ing month a year ago. Sales & Genaral. Motors in the United States amounted tc 110904 cars, as compared with Maz cars for the corresponding month last year. As pointed out last month, the shortage of. cars In January, 1929, Influenced both retail and wholesale sales in that month and in February, 1929, both: retail and wholesale sales Increased substantially to take up of ithe bank of orders remaining rom January, This year there was fio, such short and the increase n 'ebruary's sales and' deliverios Is more in line with the nor..ial trend. Tofal sales to dealers, Including Canadic's sales and overseas ship. ments, amounted to 126,196 car., as compared with 175,148 in the corres ition in pankruptcy wae |. Amendment to the representa. tion act mow before the feders) house at Ottaws provides repres sontation for ele: vs vesident fo istrict of Patricia by the intend. ing boundavies of electoral dis. tricts Konora-Rainy River, Port Arthy "Thunder Bay a. Temis uming North north to include the Patricia district, The extension f these districts is indicated in the map roproduced here, Overseas ponding monifs Thm february were shipments during again considerably below the figure for February, 1920, due to & continu~ ation of the hi A to adjust stocks in' overseas countries in line with changed econontic conditions, The following table shows sales to consumers of General Motors cars in Continental United States, sales by the manufacturing divisions of Gen. eral Motors to their dealers in Con. tinental United States, and total sales to dealers, including Canadian sales and overseas shipments: . United States Sales to Consumers Jan, wo fmbived 2) 73,989 Feb, visi nn 88743 110,148 to Deal an. FTIR fase CAT 110,904 TRL ne owe ; 1029 95,441 141,222 6 ncluding voael fan. sos ravine ses 106,509 127,580 eb, ..i+ j 175,148 These figures include sales of Chevrolet, Pontiac, Olds, Marquette, Oakland, "Viking, Buick, LaSalle and Cadillac passenger cars and trucks, HOUDAILLE-HERSHEY EARNED $4.64 PER SHARE IN 1929 Chicago, March 26~ The Hou daille-Hershey Corp, for the year ended Dec, 31, 1929, showed net earn- ings of $2,819,669, after all charges, including Federal taxes, according to the annual report issued to stock. holders by Claire L. Barnes, presid. ent. Alter dividend requirements fur the year on 174849 shares of Class "A" stock, these earnings are equivalent to $4.64 a share. on the 513,383 shares of Class "B" st. ck outstanding at the close o! the year. On the combined capital stock, Clagt "A" stock being convertible in- o Class "3" stock share for share, 42 sarnings were equal to $4.10 per share, Houdpille. Hershey. Corp, did not acquire General Spring Bumper Corp, and the Skinner Co, 1d, of Canada until the middle of 1929, Ad Justing earnings for 1928, to include those of the .wo acquired compan ies, net for that year was $2,250,821, siter all charges including Federal taxes, Based on the stock outstand- ing as of Nee, 31, 1929, net earnings for 1928 were equivalent to $3.54 a share on the Class "B" stock, alter Class "A" dividend requirements, Shawinigan Has Won Transmission Battle Montreal, Mar, 26--The Bhaw- inigan-Beuuharnois battle over the right of the former company to construet a trausmission and tele- phone line from Borel to Valley~ field has been won by the former company, according to a recent decision by. the Fublic Commission, Bhawinigan made the application to construct the power line some days ngo, snd Beauharnois opposed it on the ground that it would con- stitute an invasion of the territory allocated to Beaubarnois in its charter, The City of Valleyfield first opposed the request of Shaw: inigan, but later withdrew opposi- tion, The commission has granted the Shawinigan application on the grounds of public interest, stating it. saw no reason to refuse, The construction of the transmission line by Shawinigan will cost ap- proximately $800,000, and work will be started at once, Som -------- SOVIET TO PRESS OIL PRODUCTION Leningrad, Mare h 206, ~~Russia's o!' production for 1929 amounted to 14,060,000 metrie tons--an all time record for the Russian ofl industry, and a gain of 17 per cent, over 1028 and of b1 per cent, over 1913, Exports of oll produets for the first four months of the current fiscal year incremsed from 86, 641,000 to 41,410,000 rubles, The Council of Labor and De- fence has passed a decree provid. Bervice ing for increasing the 'program for ofl production for 1982-35 (the lust yonr of the fiveyehr period) to 40,000,000 tons, as @geinst the original plan of 24) 000 A090 tons ond the revised program of Aug, 1028, of 26,000,000 tons, Gilt Edged Securities Show Extraordinary Rise (By Cinadibn Pree Prose Lensed Wik) London; March 20-~Giilt-edged securities have experienced with. fn, the last few weeks, an extra ordinary rapid rise, The Bristol municipaislosn of $12,600,000 is, sued to yield slightly' more than five pergent,, affords & striking ex- ample of the trend, It was a larg. er loan than fg ustally sought by corporations yet the yleld wan attractive and within five minutes the hooks were closed, Port Hope Sanitary Earns $4.62 a Share Port Hope, Mar, 2 26,~Attor do- dusting all expenses, the net eam- ings for 1929 tor the Port Hope Manitary Manufacturing Company, itd, were equivalent to $4.62 o share as compared with $5.81 In 1028, Profit for 1929, from all sources, is shown at $277,040 againgé an operating profit on sale of investments of $74,088 or a total of $308,279 In "the previous your, Deduction of $9,866 for in- come tax and $950,793 for deprecis ation left $176,376 available for dividends, After paying dividends, the surplus account stood at $442, 686 as compared with $294,910 a year ago, Current assets amount to $52H8,- 269 and current abilities to $45, 776,, leaving a net working capi tal of $470,483, In addition, the company has investments of $546,» 907, which brings the working eapital over the million dollar Newsprint Exports In Declining Trend Montreal, March L6.-~Uanada's exports of pulp and papery in Lab ruary were valued at $14,647,034, according to the report issued by the Canadian Pulp and Paper As- rain.and Produce Exchanges 2 om Bove sociation, This was a decline of $2,458,400 from the previous month, and was less than the total for February, 1929, by $862,000, Exports 'of wood pulp for the month were valued at $3,667,070, and compared with $3,023,864 and $12,882,768 respectively in Jen~ uary, there belug un decrease of $366,614 In the value of paper ex ports, For the firkt two months of the year the exports of pulp and paper were valued at $20,664,276, as compared with $40,686,140 in the first two months of 1920, Wood pulp exports for the twe months amounted to $7,440,684, and exports of paper to $42,008, 621, aw, pgainst $0,543,082 snd $28,092,168 yespectively in the corresponding two months of 192V, Exports of wood pulp for «the first two months of the year amounted to 208,486 cords, vii ued at $2,400,858, which' was an increase over the two months of 1929 when the total was 192,649 cords valued at $1,782,002, It must be wonderful to make so much money your family can make whoopee while you're in the sanitorl. um~8an Francisco Chronicle, And now Canwda is to have wo "normal spine week" unless the pub lie shows backbone enough to ignore the affuir~Peterboro Examiner, Philadelphia womsn who fired five times at her flesing spouse now wants him to return home, She | misses him so~~Arkansas Gazette, Prohibition would make some men more propperous if they could be induced to let liquor alone, ~Galt + Reporter, SU {| fast room | shaded oriole, Buffet, Drop Leaf Table & got of 4 chairs, A very good suite at & low price, ii Reg. $37.80, Special we Xl | Very smart useful Breakfast Suite Broak~ || suite fn Ivory | comprising $32.95 | Breakfastroom Suite This Daluty Ureakiast room ! Suite has a new idea Table | | which is quite good. G-Ploce The ii Well made Felt Mattrossos || covered in good quality art ticking, All sizes in stock. Reg. $0.76. $7.95 | Special 4.4. "Mattresses | Simmons white layer Melt | mattress that will not, get lumpy covered in fine qual | ity Sati fnished tick, All | sizes In. stock, Regular $14.70, ttre Luke Furniture Company Broadcasting Week-End Store News 3 9-Piece Dining Room Suite Very fine Walnut Dining Room Suite comprising Buffet, ulcely fitted for Silverware, smart China 6 Diners, upholstered in leather, Regular $1700 $157.50 Special , Cabinet with. fretwork door, ob~ [ long extension table end set of |i 5-Piece Fibre Suites $13.25 | Buttet is of generous pro- | portion and the 4 chairs are out of the ordinary. Reg. $64.00. $47.50 Special we | You oan furnish your Mving room at very low cost with one of these Popular outfits comprising settee, Chair, Rocker, Round Table and Fornory, finished. in various shades of two-tque enamels, The seats are strong and covered in Chints, Reg. $56.00 $49 50 LJ Special «ivan rnns il Special +... Spring Filled Mattresses Only & limited number otf ji these new Simmons Spring A filled mattresses oan be sold at this low price, Cove ered In Damask Ticking and until they last tn all | sizes. $ 1 9.50 | | Special ww 6-Piece Breakfastroom Suite | A better quality Breakfast. room suite. of Red gun |i ii wood finished in walnut hav || | large size Buffet, large size il table with disappearing | contre loaf and met of 4 ohare, Reg. $69.50 | $7500, Special 'Simmons' Bed Outfit Simmons Walnut finished Bed either in Grageline o syle or with 819.75) | | panel, filled-with Simmons Link spring and Felt + Ahly -- Coxwell Chair og. $24.20, Special, A very comtprtable chaly in Coxwell style uphol atered in high grade mo hair with front of Friese, + The seat has down filled 859,08 0 New Baby Curis 'ave here in colors md ityles u \ little The two. oh are very ig It is onsy 'to make a selection here for the King of the Household,