Halton Hills Newspapers

Flesherton Advance, 26 Sep 1934, p. 3

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' can give'the POKER HANDS "toa/ It pays to "Roll Your Own" with TURRET FI > E CUT CIGARETTE TOBACCO We Recommeixl 'CHANTFCl FB" ot "VOGUE" C«ucoe Pmpen during tbe \fajn week iberti am been talk ot China abandoning its tradition, al silver atandard in faror of some other form of monetary control. The reason for this is that blgher silver prices tend to check trade with the Far Ea^t where cheap money, that i:>, cheap ssilver, has ten- ded to facilitate tbe export of goods. As silver prices rise, China becomes a more important exporter of ciie white metal; and Chinese silver ship, ments already have been of sufficient bulk to keep tbe London price of bul. lion from rising la normal response to United Stales bidding. What the fiiu al effects on China and other Orien. tal counirie.s are to be Is far from clear; but it is obvious that a new phase of adjugimeoi in world affairs is only commt^ttciug as a re«u!t ot the new silver situation. In addition to the Eastern compli- cations, there will be effects in t^e Occident that cannot fully oe estimat. ed at this time. It is evident al. ready, however, that from some effects of the silver-buying program there j has followed a weakening of the U.S. dollar in Europe. This has ied in turn 1 to the export of gold. In effect, then, â-  the United States will be buying at least some cf tie silver acquired out. side its own borders, by the payment of gold from its huge store. Super, flicially tills redistribution ot gold ! might seem to be in Hue with require- I ments as defined by many ot the I world's leading monetary experts. But j no effective redistribution of the yel- . low metal will have taken place if it merely moves from vaults in the j U.S. to vaults in Pa.-is. France al. ready has more than 100% gold cov. erage for her currency. FINANCIAL THE REASON WHY! Readers of this column may wonder why a substantial proportion of it relates to the mining industry and mining companies. There are several reasons why the writer has largely confined himself to this phase of financial matters not the least of which is the fact that a ver>- substantial percentage of Ontario's population is interesed either directly iii the mining industry or indirectly through their holdings of the shares of mining companies. No matter where one goes mining appears to be a subject of common interest. Secondly, news regarding industrial concerns is largely a matter of conjecture as only a verj- few companies give out information except at the time their annual report is published, while progress reports from the various mining companies are in many instances issued a number of times during the year. The third reason for the preponderance of mining items is the fact that the industry- has, during the past decade, developed into one of the Dominion's most important assets and leading financiers, business men and government officials have openly declared that the industry has been the largest single factor in aiding business recovery and it has helped in maintaining a sound credit position for the Dominion, proportionately equal to that of the leading nations of the world. In addition the mining industry provides employment for more workers than any other single class of industry with the possible exception of farming. Finally, but not the least important, is the fact that boom conditions existing in the industry have resulted in the placing of large orders for electrical and mechanical equipment, chemicals, explosives and other mining necessities which in turn has lead to manufacturers increasing their staff; car loadings have increased, and the industry has also provided new outlets for agricultural products. Over one hundred million dollars were paid in wages and salaries in 1933 by mining companies and the writer is of the opinion that almost every com- munity in this fair Dominion of ours has benefited in some way from the activities of the industry. It has also been responsible for the influx ot millions of dollars from the United States, Great Britain and other coun- tries. These reasons, in the opinion of the writer, are sufficient to warrant preponderance of mining gossip in this column. New Wheat Crop of High Quality According to Couutry Guide, Winni- peg, it appears almost certain that tke quality of tjie new wheat crop will be among the finest if not entirely oclipsing all previous records. Ot a r«eent week's car Inspections, 83.6% graded No. 1 Hard or No. 1 Northern, the world's finest spring wheat grades. A large number of tests from Mani. toba and Saskatchewan indicate that the protein content will be higher than any year since tbe protein surveys were instituted in 1927. Another feature is the continued high price of Durum wheat which has been running 10c to He higher than ♦he corresponding grade of bread wheat. There were about one million acres of Durum sown last year, most of It in Manitoba. A new source of income was open. ed to pralrler farmers by the arrival of purchasing agents ot the American Relief Commission in search of Can. adian straw. Prices will likely be about $3.00 for wheal straw and $4.00 for oat straw, products hitherto prac- tically unsaleable. It seems certain that this will aid considerably in Bwelliug farm revenue in the Cana. dian West. Distillers Corp. -Seagrams Ltd. Annual report of this company for year ending July 31st shows earnings of about $3.00 per share, and it is ntiderstood that current business is ruch that the present year will prob- ably show substantial increase in I these figures. Working capital stands at about $13,000,000.00. Mining Dividends Dividends paid to date this year have already exceeded the total for 1933. More than $28,000,000.00 has been paid or some $200,000.00 more than the aggregate dividends for the whole <5f last year. Ontario heads the list «ith dlstri. buttons totalling over twenty one and a half millioD dollars, while British Columbia came second with over three million eight hundred thousand dol. lars paid. Manitoba joined the list this year with San Antonio paying Its in- itial dividend of over one hundred thousand dollars. engineer states that the property has good possibilities of developing a ton- nage of protitable gold ore. London Tax Payments Up Have Collected 6S Per Cent. Of Total Roll Net Profit of $5.07 Per Share for Lakeshore The annual report of Lake Shore Mines, Limited, for the year ended June 30th, revealed earnings of $10,- 145,705.00, equal to $5.07 per share on . the outstanding capital stock, as com- ; '°"* °" current taxes showed London, Ontâ€" Out of a tax roU this year of ?3,644,40t3,75, property fice $2,453,324,79 up to -August 31, owners had paid into the city tax representing 68.1 per cent. A state- ment to this effect was issued by Finance Commissioner Bell. Collect- pared with $3.60 per share in the pre. vious year. During the year S36,991 tons of ore were treated with an average value of $19.57. and total bullion produced being $16,382,274. This compares with 797,673 tons milled, averaging $16.64, with total recovery ot $13,277,656.00 for the previous year. The report shows total assets $12,- 459.9S6.00, made up of the following items: Cash $7,295,207 Bullion on Hand and in transit Accounts receivable „ Supplies on hand Investments Shares in other mining companies Loans secured Buildings, Equipment, etc., less depreciation Mining properties Reserve Fund Sundry Assets Current liabilities amounted to $1,- 486,352.00, made up of accounts pay- able and accrued charges $362,080.00 and reserve for taxes $1,124,272.00. In commenting on operations tor the year, it is pointed out that the Increase in the price of gold has made available a very considerable tonnage of lower grade ore above the two. thousand-foot level and tor this rea. son intensive exploration on tbe low- er horizons is unnecessary tor some time. Continuation of favorable struc ture and persistence of values to greater depths is indicated by results obtained on No. 1 vein at the 4,450- foot level. 502,242 4,735 290,652 1,769,922 805,600 9,335 1,030,339 1 474,243 277,726 â-  crease of $141,601.18 over the eight- I months' period of 1933, although the percentage was slightly lower be- â-  cause of a larger roll. The total tax bill for 1934 amounted to $3,408,614.- 85. Total collections for the first eight months of this year including arrears and statute labor taxes amounted to . $3,109,237.21. an increase of $218,- , 231.84 over last year and about the : same as in 1931. For the month of i August collections totalled ?411,S71.- 63, a grain of S18.46S.62 over the cor- responding month of 1933. I -A. comparative statement of collec- tions on current ta.xes for the last six i years follows : Total Roll Payments 1929 ... $3,196,026.31 .?2.4i2,242.62 1930 .. 3.420,361.51 2.554.311.34 1931 .. 3.667,630.44 2,671.657.67 1932 .. 3,558.689.63 2,632,177.78 1933 .. 3.408.614.85 2.341.723.61 1934 .. 3644.406.75 2.483,324.79 MacFarlane Long Lac Mines A complete examination and survey of this company's property has just been completed by the consulting en. gineer, Mr. M. P. McDonald, and the progress report is being forwarded to shareholders. In his report the engin- eer states that work to date has dis. closed four mineral deposits, one of which is of major importance and is described as the number two vein. Rocks and structural conditions ex. 1st on the property favorable as a loci of mineral deposits and compar- able to those seen at other properties in the area. Trenching on the number two vein for a length of several hundred feet sOiows the vein to have a width ot about sixteen feet. The vein consists of several quartz veins and stringers with mineralized schistcd material In- tervening. A dyke of quartz porphyry lies immediately south ct the quarts vein which carries visible jtold and the Monetary Problems Approach New Crisis Financial News Bureau says, it be- comes Increasingly apparent that money and the regulation therefore is to play a more important part iu the world's ultimate recovery from depression â€" the worst of its history â€" than hitherto has been considered likel.v. There still are eminent auth- orities who assert that "money tink- ering" will not cure economic ills; but it Is perfectly obvious to anyone who follows almost any market for two consecutive days that monetary con- siderations are playing a greater and greater part in guiding the course el business. President Roosevelt's last move was in connection with silver. For the first time his silver-purchas. Ing policy definitely brings the Orient into the world's money tangle, and Bring People to Your Store .Advertising creates a desire to see. If there Is a well-known advertised article described in the co.umns of a paper the people want to !(H>k at it. It you will let these people know you have it they will come to your store. It is worth money to any stores keeper to bring a new customer to bis place. The rest is up to his good service and prices â€" a pleased customer for a small article may mean a life cus- tomer for many articles. THAT DEPRESSED FEELING IS LARGELY LIVER Wake up your Liver Bile â€"Without Calomel Too an "feeling punk" siniply because .vour H-rer i»nt pourinc u» dail.v two pounJ» ol liguivJ bile into vour bowels. Ui««Bliou anil elimmalu.n we both' luuiiL-ereii. »iiJ )our entire •.viteni le beins poiaoueu. „ Wh«t vou need i» > liver eliniuUtnt. Bome- tfamg thet goes farther than salts. mlner»l irater. oil. Ui»uve c»ndv or f hewing gum or roughage which onl.v move the boweta â€" ignoring tie t«<»l ««use of Iroublr. your liver Take Carter s Viltle I iver Pills. Purei.v vef» table. No harsli ealonitllmcr^urv) >ace SMire. Aak for them bv uaie. Refuse subeutuiee. 8S*. >t all ilniggiita *> Japan's Wheat Plan Success Completed 2 Years Ahead Of Schedule Decided In 1932 Tokio â€" The Japanese Govern- ment's five-year wheat-growinjr pro- ject, inaugurated in 1932 by the min- istry of agriculture and forestry to enable the country to supply its own re(|uirementa of th'' cereal, has achieved its objective two years a'r.on-i cf time. Estimates submitted at a con- ference in Tokio of the chief officials of the wheat encouragement bureaux in the various prefectures showed the wheat crop in Japan this year will yield 44,849.900 bushels while the estimated censumptiop of the country is 45,000.000 bushels. In 193'2. when the scheme to en- couraee the farmers to grow more wheat and to teach them how it was put into operation, the yield was 32,- 488.800 bushels from a planned area of 508,716 cho (1.246.354 acres.) The planted area this year is 647,723 cho (1,586,921 acres.) last year the yield was 40,265.200 bushels from 616,476 cho (1,510,366 acres.) Since the domestic crop is now practically ei^ual to consumption, the officials have decided to relax their efforts to increase production and to concentrate their attention on effect- ing improvement in quality. Although bread by no means sup- plants rice, which remains the staple cereal, it has been popular as a food for several years and army regula- tions prescribe raixin wheat with rice before boiling it for soldiers' rations. The wheat constituents counteract the tendency of polished rice alone to cause beri-beri. Burning up the Country During the recent dry season for- est fires have been raging in various arts of Nova Scotia. We venture that there are comparatively few within this constituency who have ever seen a fire in action in the woods dis- tricts, observes the Victoria-Inver- ness Bulletin. Writers have depicted the prairie fire of the 'West. The prairie fire is a babe in arms compared with a for- est fire. .â- V forest of fir, hemlock and spruce aflame is a veritable inferno. When the balsaray spills of the bushy trees burn freely the wild flames sometimes cover a frontage of miles, reaching from the underbrush on the ground to far above the tree tops. This vast fiery furnace at times travels faster than a horse can trot. Wild animal life is wiped out, valu- able timber destroyed and frequently, in its course homes and whole vil- iagres are razed and lives snutfed out. The fury and roar of a forest Sre will never be forgotten when once experienced. The fire in the forest never starts of itself. It practically always is started by some human agency. Oc- casionally the fire gets away from a farmer burning refuse on his own property. Some of the most dis- astrous fires have been deliberately set by persons desiring to burn over a barren to induce the growth of ber- ries. Then, too, there aire the ac- cidental fires growing from camp fir- es left insufficiently cared for. or the earless match or burning cigarettes thrown aside by those passing through the woods. There are perhaps a hui.dred ami one ways that forest fires are start- ed but practically every one is avoidable by ordinary care. There »re license laws whereby the government can always know all parties who have been in any forest where a fire has been started. The utmost effort to locate and convict every one re- sponsible in any way for a forest fire should be put forth. Then severe PILE ^/ SUFFERERS *;4K",° HAPPY RELIEF Specially pr*p«r*d by m*k*rs of M»<caOinbn»ntâ€" topi** quick r»- li»f. Two kiixi*â€" No. \ ti for if»t*m«i ui« Iprotrudinq ind bl*«dir>g piUs ) i No. 3 for •xtvfntl ( itching PiIm) . Ordof b^ fiutnb*i (mm rour 6»»Ur. Nc MECCA PILE REHEOIE Could Not Sew a Button On Her Hands Were Help- less with Rheumatism At one time she thought she would lose the use of her right hand. But "a blessing" â€" in the form of trur chen Salts â€" put her right again. "I was sure in a bad state," ahe writes. "In fact, I could not do my housework, I was so bad with rheu- matism in my arms and hands. I could not sleep at nights, and I thought I would lose tne use of my right hand. I could not hold any- thing, nor could I sew a button on. My arm would go dead. I was ad- vised to try Kruschen, and inside of three weeks I found such a change- I have kept on taking it, and now I sleep all night â€" thanks to Kruschen's help and relief." â€" (Mrs. » J. H. "Two of the insredients of Knu- chen Salts have the power of dissolv. ing uric acid crj-stals, which are re- sponsible for rheumatic agony. Other ingredients of these salts assist Na- ture to txpel these dissolved cr>'stals through the natural channel. punishment should follow. The setting of a forest fire should be in the catagory of crime. It en- dangers life as well as destroys pro- perty and lays desolate the country. The public lash or a reasonable fire brand punishment may, however, be more to be feared than a few years in Dorchester. We have rarely heard of the per- pertrator of a fire having been con- victed and punished. Regardless, the powers that be. should let it be known that in future no quarter will be shown in the crime of setting forest fires. Duch ess of York Diss for Potatoes When the Duke of York was un- able to visit Sheffield, because of a poisoned thumb, the Duchess took his place. .\t a grcup of allotments, where unemployed men had contributed a penny each to present the Duke and Duchess with garden implements, their leaders said they had hoped the Duke of York would dig up some potatoes with the fork. "Well, I will tr>- and take his place." the Duchess replied. Unmindful of her high-heeled sho«c and her white gloves, the Duchess stepped into the potato patch and grasped the big fork firmly. She picked up one of the potatoes, tell- ing the men that she would give the fork to the Duke herself. FASHIONABLE HAIR SHADES. Hair trends shade from dull gold to soft silver. Blueish tints in gre.v hair are considered ultra chic. Orna- ments favor stars and half- moons, flowers and feathers Cla5si!:eo Advertising Btrsursss fob saz.s Fi.-^u complete. St. \V. .\NL> cair r.rsi.NES;;. sits rartSculars, His Bloor Toroiuo. COtJNTBY STO&EKEIIFEBS t^ OLNTHY STOKKKEEl-KKi;. ^ ior Full biirsain pr'.its ia lirygoods. General OutfltJcrs real. Ufgu. Write <oods. Uo.x SiiQ. Mont- PATEJJTS A N OKKElt TO .^^â- List I'f wanted EVEKv ;.\'\i.:m\'R. inveiitu'.'is ai.i! lull information sent free. The Bamsay Company, World Patent .Vtioineys. :T3 \-.'.:Va Street. Ottaw;i. OiUuidii. AQ£2fTS WANTED A BSOLUTKLy THb; Fi.NKST line of â- â€¢-^-personiil Cliristiiias Curds :50lling at JI.UO dozen. Large selection embossed and hand-culured designs. calendars, bookmarks, choice of greetings, many new features, all folders, some with customers initial, as shown at our ex- hibit al Canadian National ExhlMtion. Send for samples. Liberal commission and bonus. Fust-selling box assortments also. Manufactured by Repal Stationery Co.. li .VJelaide Strett We^;. Toronto. BURNS UK equal p«rt« of MtnArd'i •nd nHect oil, castor oil, or CTYtttn. Spr««d on bro«n P«p«r. Apply to bum or , ftcald. Befor* long the painful smarting stops' ^'oJtaiBi Fall Wheat FertUizer â€" C>rd«r Now â€" J-U-« © »32.50 per ton »- »-4 © »a7.6U per ton •)-!»-« O »2S.OO per ton 0-18-0 Q $20.00 per ton 0-2a-0 9 $23.00 per ton Kngll.sh Fish Manure. $S per cwt. Terms, net cash. Freight Paid on orders of 600 lbs. and up, to points Id Old Ontario. Agents wanted. Th* Earle M. Groie Fertilizers Wast Toronto. Ontario Write for prices or. AtUoldt Weed XUler Issue No. 38â€" '34 So largo are the funnels of the new Cunani White Star Liner Xo. 531 now bein;; 1 uiit ;hat three engines of the "Royal Scot" type could be placed side by side inside the funnel. The above drawing gives some idea of t'nc size of each funnel. The big Cunarder will bo launched on S-pttmber 26 in Glasgow at a ceremony at which Her Majesty the Queen will christca the ship.

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