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- i fe Oshawa Daily Times : Succeeding The Oshawa Daily Reformer - VOL. 8--NO. 60 bE Sadi Sha roble Hors ~ OSHAWA, ONTARIO, THURSDAY, MARCH 12, 1931 ONTARIO EXPECTS LARGE DEFICIT THIS YEAR "All The News While It Is News" . 4 Growing Newspaper in a Growing City { i TWELVE PAGES. | 12 Cents a Week; 3 Cents a Copy ! | CEDARD EE --------- ---------- I IR PT 1 | | | ol | City Cannot Afford to Defeat By-Laws, Mayor Marks Declares New Gas-Electric Locomotive ALE CITIZENS TOLD THEY WILL BENEFIT IF GAS PLANT IS SOLD Company Has Taken Op- tion on Land at Harbor and Proposes to Establish Coking Plant, Says Alder- man Waterous IMPORTANT FACTOR IN CITY'S GROWTH Oshawa Could Ill Afford to Spend Sufficient Money to Modernize Present Plant, . Says Alderman Boddy The proposed sale of the city's ublicly owned gas plant to Ben Fate, of Chicago, representing the great Utilities, Power and Light Cor- poration, was again thoroughly dis- cussed from all dangles at a special meeting of the Cedardale Ward Rate- payers' Association held in Cedardale school last night, Valuable informa- tion an the question was provided by Mayor Marks, F. L. Mason, a mem- ber of the Public Utilities Commis. sion, George C. Allchin, also a mem: ber of the commission, Ald, William Boddy, and Ald, J. B, Waterous, who were present as. special speakers, while Eddie McDonald also expressed his opinion on the matter. ith the exception of Mr. McDonald almost all present seemed favorably impress- ed with the proposal to dispose of the plant and Ald. John Caunt, who presided as chairman, urged that the ratepayers of Cedardale exercise their beet judgment when the vote is tak- en on March 21, . Mayor Marks Hearty endorsation of the sale of the plant was given by Mayor Marks who claimed that the subject had been given the most careful atten- tion by the public utilities commission a d, the city council. The proposal of Ben Tate, representing $s great world-wide utilities company, was the best and most definite proposition * which had ever been placed before the utilities commission he stated. is Worship emphasized the fact that it would be necessary for the city to spend a vast sum of money before the plant could be, nlaced on a paying basis and that as a utility it 1s showing an annual deficit instead of a profit. The development which is planned by the company would be (Continued on page 12) TRAVELLING TO EXHIBITION London, March 12--W, C. Nixon, sgent-general for Ontario, in Lon- don,. is on his way to Buenos Aires to represent the Province at the British Empire Exhibition there. He will return by way of Canada. Paris, March 12.--Former am- bassador Arsene Henry, father of ©. Arsene Henry, newly appointed French minister to Canada, died here at his home last night, He wag 83 years of age. PARLIAMENT OF CANADA OPENING THIS AFTERNOON Rt. Hon. Lyman P. Duff, Acting Chief Justice, Will Preside at Colorful Cere- mony Ottawa, March 12.--The weath- er man provided bright skies for the opening of parliament at three o'clock this afternoon. While the occasion may lose something In color through the fact that, the governor general will not be pres- ent, it gains something in interest the first occasion on which a agdian Nas presided. Rt. Hon. n P. Duff, administrator and acting chief justice of the Supreme | op © Court of Canada, will read the speech from the Throne and per- form all functions generally at- facing to the high le of His y's repr ve, The folio 1 in the sena will be carried out in the presence of a large gathering of beautifully 1 women and uniformed men, who will add to the color of the occasion. The speech from the throné will touch briefly on events which have occurred during the life of pres- ent parliament, and give a general {dea of the legislation which ft is proposed to introduce at the pres- ent sessicn, WEATHER Worecast: Lower Lakes and = Moderate og Pe Rll moderately cold tonight, PREMIER HENRY 10 SPEAK HERE Accepts Invitation of Osh- awa Motor Club to Speak on March 26 Hon. George 8. Henry, prime minister of Ontario and ministe of highways, will make his first visit to Oshawa since succeeding to the premiership, when he will speak at the annual meeting of the Osh- awa Motor Club to be held in the Genosha Hotel on Thursday even- ing, March 26. An invitation wag sent to Premier Henry some time ago ana today Ooi. stating that he would be pleased to attend. Premier Henry has long been an outstanding figure in the public life of the province and much in- Jaren will be attached to his visit ere. BALDWIN FLINGS SHARP CHALLENGE Tells Extremists That Policy of Party, Unchanged in Regard to Indian Problem (Canadian Press Despatch) London, March 12.---Rt. Hon. Stanley Baldwin today flung a straight challenge to the Indian extremists, The policy of the Con- servative party on India, he declar- ed, stood where it was announced by Lord Peel at the close of the Indian round table conference. "1 shall carry out that policy," he proceeded, 'in no niggardly spirit, with every desire to over- come the stupendous difficulties which face us. "But if there are those in the Conservative party, if they are in 8 majority, who would approach this subject in a niggardly and grudging spirit, who would have concessions forced from a reluct- ant hand--if they are in the ma- Jority--then in God's name let them choose another leader." A thunder of cheers from the tory ranks re-mssured the serious- faced leader. "If they are in the minority," he continued, "then let them refrain from throwing furth- er difficulties in the way of those who have undertaken an almost superhuman task." HUDSON DENIES PLN TO PURCHASE STOCK INDURANT Still Undecided on Proposal to Establish Plant in Can- ada Detroit, March 12--Officials of the Hudson Motor Car Company, refer= ring to the recent rumor to the ef- fect that they would purchase a block of stock in the Durant Motors of Canada, state that Hudson has never entertained any such thought, While Hudson officials have had some dis- cussions with Durant with a view to coming to some agreement to tise some of the Durant facilities in Tor- onto, these discussions and others of a similar nature are merely in the pr{liminaty state, While William J. McAneeny, Pres- ident and General Manager of the A mn Motor Car Company, has stated that he will not sacrifice the dealer organization 'and good-will that has been built up in Canada ov- er tiventy years, it may well be that Hudson can best serve its Canadian gd 'continuing to manufacture nn the United States 'and shipping to Canada, as héretofore, The statement says: "Our investigation to date has been concerned largely with the question of whether it is practical for us to attempt to serve the Canadian public from a plant in Canada and at tle same time maintain our usual stand- dard of quality. This is quite. inde- pendent" of the tariff situation, to te "We are considerably concerned over the prospects of higher costs, which our investigation to date seems to indicate. 5 "We must have time to investigate and consider the matter from all angles , and we see no possibility of an early. decision." 4 > ! B. J. McCormick received his reply | GASOLINE PRICES TOOK SUDDEN DROP IN OSHAWA TODAY Standard Grade 2% Cents Per Gallon Lower, High Test Drops 2 Cents Oshawa motorists are rejoicing in the fact that the price of gaso- line took a drop of 2% cents per gallon this morning, in line with a retain price decline which is go- ing into effect throughout Eastern Canada. Today, at most of the large ser- vice stations in the city, one can buy the standard grade of gasoline for 19% cents, plus 5 cents tax. Yesterday the same gasoline sold for 22 cents, plus the tax. High test and treated gas shows a straight two cent cut, The Times has been informed by several local service stations. The pricé is now 28 cents per gallon, including tax- compared with the former charge of 30 cents, tax included. The reduction results directly from the phenomenal slashing o: crude ofl prices in the mid-continent field during the last six weeks, when prices were practically cut in half. Crude now is being quoted at the lowest price since 1013, making it one of the few commodities which are selling for less than before the war. It was the second downward re- vision of prices in about a month and followed the establishment by the Ottawa government of a 214 per cent. protective tariff on the pro- ducts of Canadian ofl refineries. For the past half-year prices have steadly declined. Demand shrank and huge storage gallonage was accumulated. The independents in the mid-continent field, becom- ing desperate for funds, in effect threw their output on the market, taking, it is estimated, a price which was two cents below the cost of production. STILL VERY HEAVY Drifted Snow and Stranded Autos, Make Going Diffi- cult It is no easy matter yet to go from here to Cobourg according to Oshawa motorists. who have had occasion to make the trip recently. Through the efforts of the govern ment snow plough, a lane has heen opened to traffic but there are still several spots where the snow has drifted in to such an extent that it makes hard going for a motor car. All along the way 1s evidence that the snowstorm of last week- end caused a great deal of trouble as there are still trucks and cars on either side of the highway which have not as yet been remov- ed after they were abandoned during the storm. Te pass these stranded vehicles add to the dif- ficulties of the journey. Steamer Blows Up, 200 Thought Drowned (Canadian Press D: h) 'Shanghai, March 12.--Two hun. ired persons were believed drown- ed when a heavily loaded Chinese passenger steamer Pa Chi, blew up and sank in the Yangtze Kiang, 70 miles from here last night. Among the 300 passengers aboard the vessel were a hundred Chinese soldiers who were thought to have thrown cigarette stubs into the cargo, which, was principally cotton. fp ins WHITBY SHIPPERS HAVE ADVANTAGE "Why Not Consider Whitby a Suburb of Oshawa," Is Suggestion to Freight As- sociation According to Class 1 schedule of freight rates it cost 364 cents to ship 100 1bs. of freight by rail from Toronto to Oshawa. To ship the same amount of freight from Toronto to Whitby it cost 32 cents, thus giving Whitby shippers an ad- vantage of 44 cents, over those in the Motor City. Yesterday at the freight rates hearing, a request was made to the Canadian Freight Association that Oshawa be placed in the same grouping as Whitby. "We've got to draw the line somewhere," the C.F.A. members commented. "Why not considér Whitby as a suburb of Oshawa," A, W,. Bell suggested, 5. _ ° . Constructed In (Oshawa Shops, Is First In CNR. Service New Engine Left Today to Take Up Its Run on Thousand Islands Branch Line of C.N.R.--Was Built by Oshawa Railway Co. Employees -- Designed Especially For Short, Branch Line Hauls and Yard Switching Marking a new step in the devel- opment of the railway transporta- tion services, Thousand Islands Rail- way gas-clectric locomotive No, 500 rolled out" of the Oshawa Railway car barns this morning, and speeded down the Canadian National main line to Gananoque. It will arrive there some time this afternoon. To- morrow morning, it is expected, it will start on its daily grind over the Thousand Islands Railway route. This locomotive is the first of its type to be placed in service by the Canadian National Railways. It was designed by E. B. Walker, elec- trical engineer for the C.N.R., and was constructed entirely in the fiew, modern shops of the Oshawa Rail- way Company. Except for two high- ly skilled men who were brought in to supervise some of the more intric- ate details of the assembly it was built entirely by Oshawa workmen-- the men that, all unseen and practic- ally unheard of, keep the strect cars and electrical locomotives of the com- pahy in repair so that they may serve the public of this city. Today they are a proud crew, and well they may be, for they have been instrumental in another job of pioneering. Modern Locomotive The very essence. of modernity is this new locomotive. The essential woiking parts are two gasoline en- gines, two dynamos, and four elec- tric motors. The gasoline engines are of a giant, 6-cylinder type. Each one of them drives a dynamo, which in turn supplies power to turn the elec- tric motors. These motors are the standard 65-horsepower Westing- house type that are used on all of the locomotives employed by the Oshawa Railway Company. Either one or two gasoline engines and twu or four of the motors can be used at will according to the load. The locomotive itself is very much alike the ones with which citizens of Oshawa are familiar, and in fact it was constructed upon a standard el- ectric locomotive frame. The one missing link is the trolley pole for this engine is entirely self-contained, and does not need to draw power from overhead trolley wires, third rails or any other outside source, Yesterday it was given a trial run over the Oshawa Railway tracks on (Continued on page 11) Many Problems Solved In Varied Operations of Utilities Power Corp. Development of Oshawa Gas Plant, If Patterned After Extensions Made in St. Louis, Would Be Tre! mendous (By M. Mcintyre Hood, Editor of the Oshawa Daily Times) _ St. Louis, "Missouri, March 8 -- Sunday means nothing in the lives of the gas, coke and iron workers in this part of the world. I found that out today as I went through one of the Jnpgetant plants of a subsidiary ol the Utilities Power and Light Cor- poration at Granite City, Illinois, a city of some 26,000 people on the other side of the Mississippi, about twenty miles drive from the heast of St. Louis, The plant I visited today was that of the St. Louis Gas and Coke Corporation, a subsidiary of the U.P. and L., and of inerest to my trin in that it showed a further develo ment of the gas and coking industry, another avenue through which a cok ing plant is able to build up an 1. dustrial' structure around it, to make it even more impressive and more important, The St. Louis Gas and Coke Cor- poration not only manufactures gas and coke for distribution to the pub- lic, It operates a blast furnace, trans- forming iron ore, limgstona and coke { into pig iron, utilizing its waste gases | to feed the boilers that operate an electric generation system to st~nly the city of St. Louis with part of its electric power supply. Techniacl and engincering skill are heré seen at a high stancard of eificiency, and the motto of "Nothing must be wasted" is worked out to a remarkable de- gree. Here, again, I was met with the greatest of courtesy, and no trouble secemd too great for the officials of the plant. They had had no previous warning of my coming, so I saw the plant just as it is operating from day to day. And it was an interesting tour that I made of the various de- partments, A Problem Solved In this plant I learned more of the value of the research department of a company like the Utilities Power and Light Corporation.. At the® St. Louis coking plant, coal from the Eastern Kentucky mines is used for the production of gas, col:e and other by-products. Illinois coal was not be- (Continued on page 9) Ontario Budget Highlights (Canadian Presse Despatch) Toronto, March 12.--Highlights of the first budget of Hon, E. A. Dunlop, provincial treasurer, pre- Sonted in the legislature today in- clude: Estimated deficit of $2,670,000. Deficit of $646,000 for 1029- 30 announced. Increases in both ordinary ex- penditure amd ordinary revenue in 1980-31 forecast. Increases also forecast in capi- tal expenditure and capital re- ceipts, for 1930-31 Increase of $2,500,000 in profits from liquor sales forecast. Increased returns from gasoline tax and motor license fees ex- pected. Increase of $1,600,000 on high- ways expenditure to be made this year. Increased outlay on education predicted. : Less money to be spent on pub- lic works than last year, Lower returns expected from succession duties and amusement taxes. ! Increased receipts from corpora- tions tax anticipated. Ask Investigation of New York's Mayor (Canadian Press Despatch) New York, March 12.--"We be- ldeve that 'wisecracking' . , . and the mayor's laissez faire pol- ley must end, In the presence of dastardly conditions already dis- closed, a flippant attitude by such a mayor as we have, should be the subject of investigation--' With those closing words, rep- resenting the matured thought ot civic reformers ranging from in- dividual columnists and editorial writers to great bodies of church men, the society for the preven~ tion of crime yesterday appealed to Governor Franklin D. Roose- velt for a complete investigation of James J. Walker and the offico of the mayor of New, York, CANADIAN FUGITIVE HAS SURRENDERED (Canadian Press Despatch) Milwaukee, Wis, March 12--After negotiations had been started to col- lect $4,500 bail which was ordered forfeited, Al German, Goderich, Ont., acting captain of the Amherstburg 18, Canadian beer and ale runner, cap tured by Coast Guardsmen near Green Bay more than a year* ago, surrendered to Federal authorities here yesterday, CALL FOR CONSULTATION Al 'n, Bh) (© Press Galt, March 12--The Public Utili- ties Commission has approved a pro- posal to cireularize Hvdro municipal- ities in regard to the arvointment of a new Chairman of the Ontario Com- mission, feeling that Premier Henry should be asked to consult the muni- wags! Cipalities before making « choice. A i 3 Et yD A a lcace,unlil uc aptatatt - - las PREMIUM LIST OF SIX FLOWERS FOR SOCIETY MEMBERS Oshawa Horticultural So- ciety Executive Arranges for Choice of Options Each member of the Oshawa Horticultural Society can have a choice of five or six attractive var- feties of flowers, according to rec- ommendations of the special op- tion committee which brought in a detailed report at a meeting of the society's board of directors, held in the board room of the Chamber of Commerce, Tuesday night. The committee has sperft con- siderable time in securing a list of options and it is expected that the members will be pleased with the choice whjch will be offered them, Another meeting of the direc tors has been planned for March 17, at which time final details will be completed to have the op- tion lists printed and distributed to members and prospective mem- bers. FORMER OFFICER GETS FOUR YEARS Peterboro i Ex-Constable's Sentence Increased by the Appeal Court Toronto, March As Jos of the crown's § of the In quate sentence imposed on Leon- ard Matthews, -former police con- stable of Peterboro, Ont., who was convicted on a number of theit charges and sentenced to nin? months determinate and one year indeterminate in the Ontario Re- tormatory, first appellate court at Osgoode Hall today increased the sentence to four years in Ports- mouth Penitentiary, The appeal of the attorney gen- eral's department against the in- adequate sentence was argued yesterday. Chief Justice; Mulock, on delivering the judgment of court today, sald courts 'must not be carried away by their sym- athies." y "These thefts", his lordship sald, "took place While accused was a trusted officer and extend- od over a period of two years. BENN FORECASTS ANOTHER PARLEY ON INDIA SHORTLY London, March 12.----Another In- dian round table conference, to be held in London 'as the earliest pos- sible date" was foreshadowed today by the Rt. Hon. Wedgwood Benn, secretary for India, during the In- dian debate in the House of Com- mons. Representatives of Mahatma Gandhi's all-Indt congress party will be invited to participate, he said. FULLERTON HEADS RAILWAY BOARD Noted Manitoba Judge Ac- cepts Important Appoint- ment Ottawa, March 12.--Justice Ful- ferton of the Manitoba Court of King's Bench, has been offered and has accepted the chief commis- sionership of the railway commis sion. He is a native of Digby, Nova Scotia, but for many years practiged law in Wianipeg and about 12 years ago, was appointed to the bench. Justice Fullerton is a recognized authority on raflway law and his selection for this important post, it 1s believed, will be generally ap- proved and will restore much of the prestige of the railway com-~ mission. Major Operation' Performed at Home North Bay, March 12.--When 9- year-old Albert Mellis of this city, was taken with an acute attack of appendicitis while ill, with mea- sles, it was found impossible to re- move him to the hospital because of the presence of a number of other children. So sterilized in- struments and other mnecossities were brought from the hospital and with the assistance of two nurses, the operation was success fully performed at the child's home: Bd Il PATS. DRAW BYE IN 0.H.L. PLAYOFFS Locals Meet Winner of Galt- Kitchener Contests--Galt -- Protest Dicallowed (Canadian' Press Despatch) Guelph, March 12, -- Ontario Hockey League Officials who were in session here well into the morn- ing, failed to complete the sched- ule for the group playoffs, but made sufficient progress to permit the contending teams to arrange for games within the next . few days, A decision was reached to have Stratford Nationals play in Niag- ara Falls on Friday night of this week with Guelph Leafs going to Stratford next Monday night, but the balance of the draw was left in abeyance. The chief discussion at the meeting centred around the pro- Kitchener gaining permission to use goalkeeper, Paddy Farrell, who had not been on the club ros- ter by Feb. 15, and the debate in which the delegates engaged, wax- ed véry warm at times. The trouble was finally smooth- ed over in a manner satisfactory to all concerned, when it was agreed that Kitchener and Galt play home and home games, first in Galt Friday night and second in Kitchener Saturday night, goals to count and the winner to meet Oshawa Pats in a sudden-death game for the privilege of going in- to the league playoffs. It was also ruled that goalie dori wotild be eligible.to play : RLWAYS NOW CONSIDER OSHAWA AS ALAKE PORT Freight Association Chair- man Impressed by Propos- al for Water Shipments of Until last year, Oshawa although on the lake, was not considered as a lake port by steamship compan- fes, according to a statement made by G. C. Ransom, chairman of the Canadian Freight Association, at the hearing on freight rates to and from Oshawa, which took place in the Chamber of Commerce board room yesterday. Rates on coal imports were he- ing discussed and Mr. Ransom pointed out that the rate of $1 per ton on bituminous coal, railed from Black Rock to Toronto, was a special Jow rate which had been put into effect to meet the steam- ship competition to Toronto. This, he explained, was why the rate to Oshawa compared so unfavorably with the Toronto charge. ' The C.F.A. chairman was, visibily impr: d when he was informed that two companies planned to ship into this port about 50,000 tons of soft coal this year. "Of course it is up to us whether we will try to meet this competi- tion," he said.. Col. McCormick stated that Osh- awa desired a rail rate from Black Rock of $1.32 per ton on bitumin- ous coal, which would be 18 cents lower per ton than the presunt charg. NEW DIPHTHERIA OUTBREAK Point Barrow, Alaska, Mar, 12-- A renewed outbreak of diphtheria gripped this settlement today, over- flowing the only hospital with pati- ents. Anxiety among the health authorities 'rose because virtually all the available antitoxin had been used. DUNNING HEADS COMMITTEE TO PROBE PAPER INDUSTRY Montreal, March 12.--A Securi- ties Protective Committee has been formed, under the chairman: ship of Hon. Charles A. Dunning, to "study the whole Canada Power and Paper situation in the Intér- ests of the security holders." states an announcement issued here yee- terday. The announcement stated that the situation in the mewsprint in- dustry and consequent passing of dividends on preferred itocks of constituent companies »f Canada Power and Paper Corporation have been the subject of conferences among representatives' of holders of all classes of securities of the test lodged by the Galt club over LIQUOR SALE PROFITS EXPECTED TO INCREASE TO $10,000,000 TOTAL Deficit of $646,000 For Last Year Announced, and Deficit of $2,670,000 This Year Forecast HIGHWAY COSTS EXPECTED TO JUMP. Increases in Both Ordinary Revenue and Expenditure Expected This Year -- To Spend More on Education Toronto, March 12--Ontario will have a deficit of $2,670,000 in 'the pres sent fiscal year, according to esfi- mates presented to the legislature tos day by Hon. Edward A. Dunlop, pro- vincial treasurer. - The forecast for the year increased revenue and ine creased expenditure on the whole. The present fiscal year ends October The deficit for last fiscal year is announced at $646,000, an increase of $18,000 over the estimated deficit of $628,000 announced by the treasurer vary. Estimated expenditure for the sent year is fixed at ordinary account compared with $37,« 989,352.61 in 1929-30. Estimated of= $57,343,291.21 last year. Capital receipts for this year are 097.01, Total capital expenditure for. this year is fixed at $28 pared with $25,035,100 last year, Cape figure in the deficit which is compute ed only on ordinary revenue and pa; ments. a A greater revenue from' r is expected this year. Returns la year were $7,500,000 and for this year they are estimated at $10,000,000, : Both the gasoline tax and motor liv cense. tees are, expetped 'ton larger contributions to the tre this year, License fees ate expe to jump from $5253/999.17 'last ye to $5,885,000 and gasoline tax ree : are estimated at $1},000,00 compared with $10,756,835 last'year. « Succession duties are placed at $9,« 225,000 while last year this source of revenue yielded $11,200,000. A subs' stantial increase is. forecast in res turns from corporation taxes. No change is expected in from the' sale of liquor, wine a beer permits although liquor sales are expected to yield an increase in pro- fit of $2,500,000. Amusement taxes For the spending side of the pre+ sent year the highways departm will bulk large. This department spend $19,400,00 this year, an increase of nearly $1,500,000 over last year's expenditures of $17,908,412, ' Increased expenditure is also plane ned on education, An interesting feas ture of budget is that the province's share of cost of old age pensions in 1930-31, estimated at $2,650,000 ale most exactly equals the estimated des fick of Jo070,000. . i t was Mr, Dunlop's first as he assumed the duties of DudRets cial secretary in the cabinet re-ofe ganization since last session, T: " er with the budget he presented Jlcmentary estimates totalling FNAL SCHOOLS ORATORY CONTEST ON FRIDAY NIGH Each Public School in City Will Be Represented in The preliminary oratorical con- tests in the public schools ot the city have been completed and each school is ready with its champion speaker, for the final contest to be held in the Collegiate auditorium on Friday evening at 8 o'clock, : to which the public is invited. ; Winnie Griffin, of Albert Street school has chosen for her subject, "Romance of Electricity," Me Jenkins of Cedardale the sub 'Canadian Industries," and ennett, of Centre street choc has as the topic of his address, "J Canadian Explorer." Harmot school is to be Jofrdjsnton by leen Trull and her short . be "What It Means to be a Go Citizen." Both Elmer Eadie, King street school and Ernest bourne, of North Simeoe sch have chosen. "Romance of E city," as the subject of their o tions. Vernon Osborne, rep 1 ing Mary Street school will on "A Canadian Explorer"; Muir, of Ritson Road School "Winter Sports," and Jack Bal man, of South Simcoe and Ei Gomme, of Westmount i & [ company and its constituent com- panies. « * _ : dt lias Sab 4 rr Jihr® . "Canadian Industries." ina pre-sessional statement in Jane * the pres $62,655, in a dinary receipts are $59,985,000 aaginst | estimated at $1,035,000, a sharp in« crease over last year's figure of $887,» ,935,000 coms. ital expenditures and recepits do not. 4 are expected to show a drop of about 100,000. gr