The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

a hush-.A SWING - AWAY Sages. tn SX RE BES FIRE SALE TE A a THE OSHAWA DAILY TIMES, THURSDAY, JUNE 5, 1930 PAGE SEVEN ain and Produce Exchanges | Produce Prices in the 7 PRODUCE QUOTATIONS Toronto wholesale dealers are buying produce at the following prices: Bggs--Ungraded, cases returned, tresh extras, 28c fresh firsts, 26c; seconds, 23c. Butter: No, 1, Dntario Creamery, solids, 28 %c¢; No. 2, 27% to 28 c. Ch cream---Special, 30 to Ble: No. 1, 29 to 80c; No. 2, 26 to ©. Cheese--No. 1 large, colored, paraffined and government graded, 17e, Alive Dressed Hens, over 5 lbs. ....25 28 Do., 4 to 6 Ibs. ,.. 23 26 Do., under 4 Ibs. ... 21 24 Spring brofiess, 2% to Do., 1% to 2% Iba. , Old roosters, over § 31° 38 8:2 13 16 SEER La eral | Do., over 4 to 5 Ibs. 14 : (Selling) Toronto wholesale dealers are offering produce to retail dealers at the following prices: Eggs--Fresh extras, in cartons, 36c; fresh extras, loose, 33c; firsts, 31c; seconds, 28¢. Butter--No. 1 creamery, prints, 33¢; No. 2, creamery, prints, 31c. Cheese -- New, large, 18%c; twins, 18% c; triplets, 19¢; stil- lions, 21¢; Old, large, 28¢; twins, Commercial Markets 29c; triplets and cuts, 30c; stiltons, 3lc. Poultry Chickens, 5 1bs. up ...... Do., #10 5 1bs, ...cvvgees Do, 3% to 4 lbs, . Do., 3 to 3% lbs. Po, 3 Ibs. ...\« Hens, over 5 lbs. Broilers , .. .... Ducks ... ... 33-36 Turkeys . . .. 45-48 PROVISION PRICES Toronto wholesalers are quoting the following prices to the trade: Smoked Meats: --Hams, medium, 38 to 35c; cooked loins, 48 to 52¢; smoked rolls, 28¢c; breakfast bacon, 30 to 40c; backs, pea-mealed, J4c; do., émoked, 46 to 55¢. Pork loins, 29¢; shoulders, 20¢; butts, 24c; hams, 26%%ec. Cured meats--Long clean bacon, 50 to 70 lbs, 24c: 70 to 90 lbs, 22¢; 90 to 110 lbs, 21c, Heavy- weight rolls, 40c; lightweight rolls, 26¢. Lard--Pure, tierces, 15c; tubs, 16c: pails, 17¢; prints, 17 to 17%e, Shortening--Tierces, 13c; tubs 13 %c; pails, T4ec. Spetial pastry shortening--Tier- ces, 15¢; tubs, 15%c; pails, 16¢c. CER senaen PERRET ERR 35-40 HIDES AND WOOL Toronto wholesale déalers in hides and wool are quoting prices to shippers as follows: City hides, green, 8c; bulls and brands, 4c; country hides, green, 7c; do, cured, 7% to 8c; Toronto City calf, green, 9c; city veal kip, 8c: country veal kip, 7c; do, cured 7% to 8c; coun try grasser kip, 4 to Gc; horse hides, No. 1, $2.60; No. 2, $1.75: No. 3, $1.26. Horsehair, 30c, Wool, flat, free of rejects, 12¢ 1b; rejects, 8c: Sheepskins, 25 to 76¢ 1b, Tallow, solid in barrels, 1b. 5c; cakes, 63% to Tc 1b, # HAY AND STRAW Wholesale dealers in hay and straw are quoting to shippers the following prices for No. 2 timothy, baled, ton, $15.00 to $00.00: No. 3 timothy, baled, ton, $13.00 to $14.- 00; Wheat straw, baled, ton, $11.- 00 to $00.00; Oat straw, baled, ton $11.00 to $00.00, WINNIPEG GRAIN OPENING Winnipeg, June 4.----Opening prices, wheat--July 3; higher to 1% lower at 113% to 112%; Octo ber 3% higher to % lower at 115% to 115% ; December % to 34 higo- or at 117% to 1173; , Oats--July 1% higher at 52%; October % higher at 49%. TORONTO LIVESTOCK Toronto, June 4.--Left overs totalled 1300 head. Trade on the Toronto Livestock Exchange was very tlow with bids lower on all grades. Few butcher cattle sold 50¢ lower for the week at $8.25 to $10.25. Best cows were steady at $8.50 to $9.00. Cattle trade dull with few buyers on the market. Calves were steady at $11.00 to $11.50 for choice with a few at a top of $12.00. , Hogs were unsettled, buyers of- fering $11.50 f.0.b. for bacon or $12.60 off car. ag ) Lambs were weak ut $15.00 to ($17.00 for choice with gulls down- ward to $11.00. Good at $6.00 to $6.50. 3 Receipts 759-~Trade very slow. Heavy beef steers, $9.50 to $10.50; | bulchr steers, good to choice, $9.76 to $10.50; butcher cows. medium, $7 to $8; calves, good io choice, 11 to $12; hogs, select, good ewe lambs, $15 to $17, FARMERS! MARKET The following: are the quota- tions, retail, in effect on the St. Lawrence Market, Toronto: Produce-- Eggs, extras, per doz. ... Do., firsts, per doz. .. ... Butter, dairy per pound ... Do., créamery, per 1b, 0.35 Fruits and Vegetables-- Asparagus, bunch ... Carrots, 3 bunches ,.. Beets bunch .......0 Do, 6-qt. ou wnssiseh Onions, dry, 11-qt. basket ;,. , ..%- Do., 6-qt. basket Cabbage . . ih Cauliflower .". .. .... 0.26 Endive, dozen . ..... .. Spinach, peck ....... Mushrooms, per pound Leaf lettuce, 3 for ... Head lettuce, 2 for .. Parsley, per bunch .. Cress, three for . .... Celery, dozen .. Oranges, per do: os Honeydew melons, each Strawberries, pint .... sen ae nes "ee eee aes Grapefruit, each . Potatoes. bag .. ,. NOP HMNMUIOPLOIOHMOOCS OOPS POP NHN OONH "ONDA D DE a3 CUOCOTODONTSOMOOONS OO SONS .e ep sold | Cal 0.30 0.22 0.50 3.00 0.90 0.26 1.26 0.25 1.00 ucumbers, each .,... 0.25 mons, per dozen .7, ... Bananas, per dozen ... 0.30 Apples, bus. , .. 2.00 #1. green peas, G-qt. basket . . Hgeblant, ach ...... Green beans, 6 qt. ,.. Green peppers, six for Turnips, bus, ... wi. Parsnips, 11 qt. ...... Apples, bus. ..... Green peas, 6 qt. . ava Tomatoes, 1b. ... er Pineaples, each . 0.26 Rhubarb, buneh ...... ... Radishes, 3 bunches ... New Carrots, 3 bunches New beets, bunch . Green onions 3 bunches Green peppers, 2 for .. DEER EE Ee pes cow ere 1.50 see ve ere BRILLIANT STUDENT WINS MANY AWARDS (By Canadian Press Leased Wire) Toronto, June §~--H. H. Mar- tyn is conceded the most brilliant student of she University of To- ronto, according to the honors which will 'be conferred on him when he graduates tomorrow. He is winner of the governor-general's gold medal, the , Maurice Cody scholarships, the American Uni- versity scholarship and the E. J. Sanford gold medal in philosophy. His arts course was taken at Vie- toria College. 4 Rhodes scholarships are award- ed to L. M. Gelber and C. H, Little. 4 PA 3 ho f :. ; ' ; 3 rithe Clean smeck of fon mu i a, an accurate putt hata N a head ,. sthe. ball in airway 8 erfect iron: ...end the ball nestles hill of par golf. of the perlect his hel. ight puny song shot to the green in the hole for a v a > \ 2 Net DISTANT 1256 NO COUPONS SOARS THE BALL TO THE GREEN HOSIERY IMPORTS ALARM INDUSTRIES Woollen and Knit Goods Manu- facturers Association Issues Statement A statement of grave importance to the Canadian Woollen Industry, and of. particular interest in Cobourg in view of the fact that the Textile and Dyers Corporation Ltd. is one of the town's leading industries, states that in the twelve months ending Marcel 1030 over 23,000,000 pair of socks and stocking produced by other countries, thereby giving their workers employ- ed, were sold in Canada. The statement also gives compara: tive figures indicating a steady growth of socks and stockings imports since Value of such imports in the period euding with March 1930 is stated at 41,877,500, The year befor» 19,699, 020 pairs of socks and stockings were imported at a total value of $4,744, 544; and the year before, 15,067,848 pairs were imported at. a money value of $4,031,617, Imports for the year ending tis past March show Great Britain sent 7,610,764 pairs of socks and stockings worth $2,703,600; the United States seni 9,144,972 pairs valued at $1,683, 407; and other countries sent in 6, 492,048 pairs valued at 490,454, In volume, 30 per cent. of the im- perts are cotton, 5 per cent. silk, 28 pc: cent, wool and 37 per cent, arti- firial silk, In value, 14 per cent. of the im pots are cotton, 13 per cent. silk, 43 per cent, wool and 25 per cent. arti ficial silk. According to classification of ma- torial, the past year saw 7,109,436 puirs of cotton stockings imported worth $686,141; 842,864 pairs of silk boriery worth $682,460; 6,601 48% pairs of woollen stockings worth $2, 404,778; and 8,604,092 pairs of arti- ficial silk hose valued at. $1,249,167. David C. Dick, president of the Tex- t!le and Dyer~ Corporation Ltd., is president of the Canadian Woollen and Knit Goods Manufacturers Arai. ation, FOUR BUILDING PERMITS ISSUED Construction Work Involv- ing $7,100 Indicated in Recent Permits Four building permits, involving construction work totalling $7,100, have been idsued at the city hall curin~ the past wee. Tue largest item is a dwelling, to be construct. ed. for F. C. West #t 18 Cadillac street south. Findlay Dafoe will have the contract, worth $3,500. J. Nahiovnak and M. Nahiovnak liave taken out a permit to con- struct thepiselves a house at 103 Westmoreland. The cost is esti- mated at $2,100. A. W. Hogarth has the contra~t for an addition to the home of A. W. Marks at 21 Maple street. Cost, $300, W. 'elsh is making an addition to his property at 218 Hillside. An estimated expense of $1,000 is in- volved. N NEW REGULATIONS ARE ADOPTED BY MINING EXCHANGE Limited Companies Barred From Seats on Exchange After Dec. 31 Toronto, June 5 -- At a special general meeting of Standard Stock and Mining Exchange held yesterday a general revision of the by-laws was adopted in accordance with the re- commendations of the recent con- ference of Attorneys-Gemeral apply- ing to all the Ontario exchanges. All tepresentation of incorporat- ed companies upon the exchange will cease on Dec, 31, 1930, ana in future no member firm shall be a limited company, and a number of new by-laws were adopted - in connection with the method . c: stocks clearances. It is now en- acted that all transactions taking placé on the exchange are to be cleared the day after they are made unless otherwise arranged by con- tracting parties. Hold Securitics in Trust When a firm holds securities for safe-keeping which have been ful- ty paid for by a client such secur- ities must be segregated and ear- marked in trust for such client and each member must keep a record showing his firm's = stock position from day to day. The Clearing House has the power to make a periodic check at such time as the Board of Directors shall require of all transactions made on the floor of the exchange, against clearings, and to make a report theron to the exchange directors. The by-law dealing with the au- diting of the books of member firms has been revised to corres- pond with the provisions of the new security Frauds Prevention Act, The method of making * audits cl- aborately provides against the pos- sibility of any evasion, The exchange directors are em- powered to employ from time to time an exchange auditor who must be.a member in good standing ot an institute or association of char- tered accountants incorporated un- der the authority of a legislature of one of the Canadian Provinces, and who. shall have practiced his profession in Ontario for not less than ten years. This exchange auditor is sworn to keep secret, ex- cept under given conditions, all the audits, reports and information ob- tained by him. Brokers p "Auditors The directors fie also select a panel of accountants, each of whom must be a member of an authorized in- stitute or association and all of whom must have practiced their 4 profession in Ontario for not less then five years. These are known as brokers' auditors and they like- se are sworn to keep secret the in. formation obtained by them in cons nection wth the carrying out of their duties. \ The exchange directors then allot to each broker's auditor the per- sons, partnerships 'or companies, whether 'members of the exchange or not, to be audited, and once a year, without any warning or no- tice being ®iven, the brokers' audi- tors audit the assets and liabilities of the respective firme and prepare ha balance sheet showing the posi- tion of such firms at a given date, the exchange of by-laws providing for free access to all books of aes count, securities, cash, vouchers, etc, of the firm undergoing audit. The brokers' auditors, having complet- ed their work, send a copy of their : report to the exchange auditor, whe summarizes the information so re- ceived and reports thereon to the | directors of the exchange for scrut- iny, identifying the person or firm reported upon by a number only and not by name, unless the informs ation turned in indicates to the di- rectors of the exchange that it is in the interest to disclose the name, " The directors may require any 1 exchange member whose affairs are being audited to alter, supplement or replace the system of bookkeep- ing or rccord-keeping in any mau- ner to comply with the recommen- dations made by the exchange au- ditor, and the failure of any mem- ber to comply with these require- ments makes that member liable to suspension, Trading Against Custower Prohibited Another by-law--No, 42---has been amended in acccrdance with section No, 14 of the Security Frauds Frevention Act, to prohibit any member of the exchange from trading against a customer's ac- count. The by-law forbidding the practice states that no member whose firm has contracted with a customer to buy and carry stocks on margin ghall, while such con- tract continues, sell or cause to be sold stocks or securitics of the same company for any accountsin which the member or his firm or partner or employee has a direct or indi- rect interest, it the effeét of such a sale shall be toJeduce the amount of such stocks or securties on hand below the amount of stock or secur- ities which should be carried for all customers. Mrs. D. Morrow Stops Working For Husband Newark, N.J, Jume 5. -- Mrs, Dwight L. Morrow, has curtailed emporarily her activities in be- half of her husband's candidacy for Republican nomination to the United States Senate, in order that she may remain near her daughter, Mrs, Charles A. Lindbergh, Her decision is assumed to have been reached in anticipation of an interesting event in the Lindbergh family, GIRL SAVES CHILD FROM GASOLINE FIRE Toronto, June 5--Enveloped in flames when she lighted a match over a quart bottle of gasoline with which she was cleaning a sujt of clothes Mrs, Gertrude Stears, was severely burned yesterday. Unusu- al courage and presence of mind on the part of Shirley Shaw, aged 18, who was bathing in the next room, saved the life of Mrs. Stears two-year-old daughter, May. rel etn ee ee "The prisoner," said' the defending' solicitor in a police-court case, "can prove that at the time the crime was committed her maid was combing her hair." "That," replied the magistrate "only proves an alibi for her hair, not for herself!" PROPERTY LOSS BY- FIRE GROWS EARLY Fatalities By Fire Decreased Last Year but Actual Damage Higher Toronto, June S5.--Important sia- tistics with respect to fire losses in Canada last year furnished by the Insurance Committee to the annual meeting of the Canadian Manufac- turers Association. A gratifying de- crease in fatalities by fire was ie-! ported, the number of deaths being: 233, as against 314 in 1928 and 465 in: 1927. Property loss. was unfortunate} ly higher, reaching $47,232272 or? $4.82 per capita, as compared with $36,402,018 or $3.79 per capita in 1928 and $32,254,084 or $329 per capita in 1927. The estimated total insured value! of property in Canada was placed at $11,210,328,377, which compared with $10,596,061,416 in 1928, The loss per $100 of insured value was 30 cents, a reduction of' 3 cents from 1928. Also the average insurance rate per $100: declined from 87 to 81 cents. The most common cause of fires was overheated or defective stoves, fur- naces and pipes. These accounted: for 4.406 fires. Next in importance: came sparks on roofs, causing 2,793° fires; smokers' carlessness, 2,001; and defective chimneys and flues, 1,987, Forty seven fires caused loss in cx- cess of $100,000 in each case. Adtomobile Insurange Dealing with the automobile insur<} ance enquiry in Ontario, the Com- mittee referred at length to the re- port of Hon. Mr. Justice Hodgins, the} Royal Commissioner. Agreement with main findings of the Commis- sioner was expressed but one rec- ommendation of the Commissioner was noted, of which the Committee, after due consideration, could not ap; prove. This was the proposal that authority should be given to the Superintendent of Insurance to order "after due notice and a hearing bes fore him, an adjustment of automo= bile insurance' rates whenever they are found by him to be excessive, in- adequate, unfairly "discriminative, or otherwise unreasonable." The prin cipal reason given by the Commis- sioner for this recommendation was that it would not be fair to intro- duce the safety responsibilitiy prin ciple "throwing upon the offending motorists the duty of procuring in- surance without a corresponding pro- vision 'securing them the right to obtain it on terms fair both to the insurance companies and themselves." The Committee, while. admitting that the Commissioner's argument had some weight, did not approve this proposal on the ground 'that it gave the Superintendent of insur. ance too wide powers in his official capacity to regulate the automiobile insurance business. Such legislation, the Committee believed, created a ptecendent for similar government ownership and control of business and government regulation of prices which, experience had shown, had not often produced satisfactory re- sults. The act based on the Coms= missioner"s recommendations con= tained this provision but the Com- mittee's objection was recognized tor the extent at least that the provision was not brought into effect with the passing of the Act but was to be come effective only on Royal Pro- clamation. ' Forest Depletion Appended to the Committee's res port was a statement prepared by Roland D. Craig, of the Forest Ser- vice Department of the Interior, showing the importance to Canada of the forest products industries and ~ sounding a note of warning with re< gard to forest, depletion. He con- cludes, "There is ample forest land tributary to the established manu- facturing industries to supply not on« ly the present demands of the wood- using industries, but to permit of considerable expansion, if the for ests were protected from fire and we were ahle to secure the growth rate which is maintained in European countries, similarly situated as to the climatic and soil conditions. The investigations so far conducted indi- cate, however, that only a fraction of the possible net annual increment is being realized under the existing unregulated handling of our wood. lands. "t When you build, repair or modernize; remetnber that Canadian' Lumber. asl the material that will-stand the stress of Time, Heat and COMPANY. LIMITED 28 Ritson Road North Telephone 2621-2820