THE DA ILY BRITIS H WHIG. 3 $ CLOTHING SALE Overcoats at . ........Half Price Suits at . :. . .One-Third Of Every garment made by Semi- Ready, v' George VanHorne's Phone 362w. 213 Princess Street. MANUFACTURERS' "HOPEFUL VIEW OFCANADA'S INDUSTRIAL SITUATION Canada, They- Say, Has Seen Worst of Depression And From Now on a Slow But Steady Improve- ment is Anticipated. One hundred and fifty prominent Canadian manufacturers, reviewing conditions and outlook for 1922 in the January issye of "Industrial Canada," the official publication of {the Canadian Manufacturers' Associ ation, take a generally hopeful view of the industrial situation. In t opinion of the large majority, Can- lada has seen the worst of the depres- {sion and from now on a slow but steady improvement is enticipated. | Estimates differ, largely according | to types of industry, as to when nor- mal activities will be resumed. In some industries the change for the better has already taken place; in [ings in the bank and the inherent | wealth, of Canada is | With the influx of new population { which must come, and with the usual | | optimism of Canadians, we look for improved conditions in 1822, boom. ' Sons, Limited, Montreal, says, | "There appears to be generally, a | {feeling of confidence in all branches | | of trade that the year 1922 will wit- | ess an impravement in the demand [for lumber, the consensus of opin- |ion being that this improvement will {be gradual and will not take the | 3 othérs, the turning-point fs placed {form of any pronounced boom. It is | about MaYch or April; in a limited {generally admitted that stocks of |pumber, no appreciable betterment {lumber in the hands of retailers and | OM The saying is "When in Rome do as the . . : { W. C. Franz, president of the Algo- {Furniture Manufacturers' Associa- Romans do," If we lived in those days we {ma Steel Corporation, says, "MY ition, Toronto, who says, "There |. | : {opinion is that as far 2s the iron and [ge] 4 very large shortage of houses | could not get the relief from Headaches, Neck and Backaches and some cases Indi- gestion and Stomach Complaints, which in " many cases are directly due to our eyes be- ing "out of focus," By our most modern and scientific in- {is expected until the fall. High | freight rates and low prices for agri- | cujtural products are regarded as | the principal obstacle®'n the way of {a more rapid recovery, | Speaking for the s'eel industry, | steel business is concerned, the worst {has been reached. . . . There is no | doubt ifn my mind tha! improvement | has started already ard that special | effort 'on the part of everyone to ge! | the cost of productior. down is going | to help in this industry the same as lin all others." "The outlook for 192: as it ap- pears to us in the automecbile busi- ress," writes T. A. Russsll, general manager of the Willys-Overland, Limited, "is that we may count cn more business than in 1921, but | consumers are small and that a nor- | | mal demand would compel replenish- | ing of supplies with possibly higher | prices resulting." | The furniture industry is reviewed by Wiliam Cawkell, secretary of the | | reasonable to expect that during 1922, because of the reduction of [building costs, an estimate of 25,- | {00 houses to be built fn 1922, is not The expected amount of | {too high. {new furniture requikbd for these , houses, with the regular replace- ments warrant us in looking forward confidently to a gradual increase in demand which, towards the fall, will give us normal operations in the fac- tories." "Conditions the in stove busi- struments and personal skill we can over- until there is @ more gencral indus- 'ness writes W. §. Fisher Boo; "ee trial activity and a freer exchange cf prise Foundry Co., Sackville, N.B., in | commodities by reason of reduced "have been very difficult. During | come the trouble and make the eyes focus," which relieves the trouble due to eyestrain. Let us examine your eyes and make your glasses. J. J. STEWART Registerd Optician 140 Wellington Street - Opp. Post Office Tools -- | | prosperity during the next few |the whole of the yearp 1922." SPECIAL THIS WEEK | years." | The t 'mpl 3 a 5 Fancy Biscuits ....... 20c¢. Ib. |" Reviewing conditions in the mill- tui us Dlegtent In pd has | At : 00 S ing industry, Brig.-General Labelle, I Pi 5 yor Tom the effec of | The Unique Grocery and Meat ' , il | president of the Canadian National '°W Prices for farm products and | Market / a2 e v Te OE { Arthur W. White, of the George (| } " 0 MA a yy Millers' Association, finds that *"Can- | 2TY h ge | 490 and 492 Princess St. 9, 2% § av. adian flour mills have gone through | Xite & Sons Co., Limited, London, | Phone 530. F A e oh es oO the same process of readjustment S8YS that, "prices of farm machinery | : oy y : Oo S during the past year as all other Will be considerably lower for 1923, | H Pi ° | 3 % 3 3 3 | | Industries have done, but I think in Put still altogether too high to war- | « IL I'IC ering Ty Fs fle much more satisfactory, manner "®Bt 8 farmer. buying unless he has | J nrg ' Yale Locks. than others." some assurance that his produce can Se) a 5 i = be placed on the market at a price a ------ . \ 3 \ x UNLISTED STOCK MARKET.) Ne > January 16th to 28th Dis- count on everything | --Yale Door Checks, | etc.,, at-- W.H Cockburn Co. Princess and Wellington Sts. : Phone 216. $ except Re-sale Price fl the Robson Leather Co., || restored and the worst is over, | freight 'rates, purchasing power will | not be greatly improved." | Dealing with the bot and shoe in- |dustry, G. W. McFarland, Willlams {Shoe Co., Brampton, says, "The out- look for business in our industry in_ 11922 ig promising, We have on our | books at the present time the largest placing business we have ever book- ed and we have Increased our pro-' duction during the last two months nearly one hundred per cent. We are laying plans for a still greater production and believe we will not be disappointed." "The outlook for the leathér busi- ness in 1922 is indeed very hopeful, judging from the amount of business already in the hands of shoe manu- | facturers," declares Charles Robson, Limited, "The leather and shoe in- | dustry in Canada should enjoy great Speaking for the pulp and paper | industry, C. Howard Smith, Howard {Smith Paper Mills, Limited, Mont- | real, says, "I think the outlook for [the year 1922 will be very much bet- [ter than for 1921. Conditions arg { more favorable, confidence is being We {have had a very serious period of de- | pression but we are apparently on | the upgrade." | "The outlook for 1922 fs much | better, as we see it, than it wes for lf 1921," writes W. N, Manning, of the the first six months of 1921 there | {was a very great falling-off in busi- | iness but later there was a distinct revival in the demand. Since id there has been a considerable slow- ing down and we do not look for- ward to any very large volume of business in the near future. At the same time we feel that we are now passing through the worst and that business will gradually return to a (normal basis." George Henderson, president of {the Brandram-Henderson, Limited, Montreal, reviewing the paint indus- (try, says, "It is my opinion that in industrial life generally the worst is well back of us and that the defla- tion, which has occurred, bringing with it a more normal and settled condition of mind among our citi- zens, will emsure "'d gradual and steady improvement in demand for corresponding to the price he is pay- ing for the goods he requires. Severe measures may be necessary to cor- | rect the present conditions but no | doubt the spring of 1922 will see | thesé conditions being corrected and | a balance struck to obviate the great spread between the price paid to | farmers for produce and the market | {price to the final consumer." | With regard to shipbuilding, P. R. | Miller of Canadian Vickers, Limit- | ed, Montreal, says, "There is a fair | volume of business in ship repairing, | tremendous. | but no | Speaking for the lumbering indus- | jtry, Geo. W. Grier, G. A. Grier & | throughout the Dominion, and it is | nfo | v ABERNETHY'S MidWinter 'Shoe Sale IS JUST STARTING 20% DISCOUNT OFF ALL LINES EXCEPTING RUBBER GOODS. SOME LINES REDUCED AS MUCH AS 359. Abernethy's Shoe Store x The short days and the long, chilly evenings are here, when a cup of goold-- Tea or Coffee i is cheery. We can supply you with the best Tea and Coffee ob- tainable. Our supply of choice fancy Biscuits will be just what | You want with your cup of Tea |: or Coffee, | Ii -- TY UR OPPORTUNITY 18 HERE RIGHT NOW 1? Prices Held Fairly Well Considering | - Lack of Interest, X You can furnish your home now at prices that could not be duplicated In their comment on the Unlist- | in the past few years--you can get better designs, better quality, better ser ed Stock Market A. J. Pattison, Jr., | vice now of all that is latest in Home Furnishings at the very & Co., Toronto, ' say that trading JAMES REID throughout the week was at an ex- | prices. The Leading Undertaker. ceedingly low ebb, prices, however held fairly well considering the lack PHONE 147 FOR SERVICE of interest and where much demand | occurred prices moved upward rap- | idly and out of all proportion to the | number of shares changing hands. | lowest - P rgan y i | Sheroek om ding sl gaa although less than normal, but in | This only demonstrates further the RC Co., London, Kinnear & dEsterre JEWELERS 100 Princess Street, Kingston 1 | carrying large stocks and, while they I fl are ordering small quantities, they ° ° ! |,are ordering often. . , | More deal- h Pri fers are paying cash for their goods elg ces ir emainder of stock will be sold at fice prices to clear out. B. McNAMEE, 118 Colborne St. elghs at corner Princess and Al- Streets. Phone 2372w. Ask A. Watts, McKelvey & Birch, Boys and many others if they best Sleighs belteve the worst is over as far as the | plano trade is concerned." > F. G. Daniels, general manager of ls Dominion Textile Co., Limited, A A ee D 3 N 9 | Montreal, referring to the textile .in- r. Nash dustry, says, "We feel that the year, DENTAL PARLORS: 1922, as it progresses, should show a decided improvement in manufae- 183 PRINCESS STREET KINGSTON, ONTARIO turing conditions throughout the We specialize on:--Painless Extrac. world and particularly in this coun- -|try. Generally speaking, stocks of tion, Latest Treatment of Pyorrbeu, | 'Naom feyy-y manufactured goods are low." they ever used. ; YOUR PROTECTION! . BURGLARY INSURANCE C. 8. KIRKPATR! Telephone Dryman, Dominion Canners, Limit- 38, Clarence st. ' ed, Hamilton, points out that, "Stocks on the shelves of merchants are low, Everybody ls buying from § hand to mouth, there are large sav- now than in all our experience. | 'of the reviews contributed to this | shipbuilding there is absolutely no [lack of offerings overhanging the | market and no signs of any improve- | market at anywhere near present ment. We do not expect any such quotations. The outstanding move signs for at least two years to come." |of the week occurred in King Ed- {ward Hotel Common which rose nine points from 61-63 to 70-74 on few sales. No explanation can be ex- plained for this fluctuation other | that buyers came into the market at | |& time when little stock was float- {ing aad that the recent low quota- | tions were established on odd lot of- | {ferings. Algoma Steel 5's were bid | city. We feel that if we can just get up 2 points to 44% without bring | some relief in freight rates, there | ing ponds into the market. Canadian | will be plenty of business for capa- | Westinghouse just ex-dividend 2 per | city operation of all our plants." | cent, closed 106 bid, up two points | These are extracts from but a few | for the week with no offerings ob- | tainable even above the increased symposium of, opinion. on the indus- | fey re Canadian Woollens Common trial situation, the whole. reflecting oageq 1 1-2 points to 16.17 without | in a comprehensive way the feeling {creating any buying interest. of Canadian manufacturers at the | tagami Debentures closed 37 bid, up : Iu: TTT The brick manufacturing industry is discussed by F. B. McFarren, of | the Interprevincial Brick Co., of Canada, Limited, Toronto, who states that, "our plants are at pre- sent operating to about 85 per cent. of capacity and we expect by March or April to be operating to full capa- | TIT SPECIAL | TWICE 10 beginning of the year. 2 one point, several odd lots changing *. y | Trust & Guarantee was in constant demand at 68 but stock was not ob- tainable at this figure. Dominfon | Power & Transmission Preferred narrowed slightly to 80-83, the bid | == - Men's Storm Calf Bluchers with heavy vis- |. colized soles, Fe Men's Brown and Mahogany Calf La YEARS in broad or narrow dress Inte 'Trenton funlor hockey team de- Regular $7.00 and $8.0C values. |e ipnetconuty dete fu he ra team. ; ; The smoking at hockey matches is fast becoming an unbearable nuis- ance. v : The Frontenac Law Association is Jaane for more room at the County WHILE THEY LAST. : $4.95 Allan M. Reid fo : Ald. Stroud is declared elected ald - $ erman for Cataraqui ward by sve : votes after the recount. 2 hd Frontenacs seniors the eycs Rig » News of Kingston LD TALES [ius ios being up ome point. King Blwarg | Hotel 7's at 82 bid show an improve- ment of two points for the. week, | with no offerings to be had at the | close. Imperial Oil which hag ceaged | to be actively traded in closed at! that ae 106-108, practically unchanged. | outfits free of charge to assist bim | Riordan New Common sold off to 25. | Re $0 stand for lection 55. Robt, Simpson Preferred was |= Dr, Bus yeterinary surgery was entered wad $500 worth of instruments oly destroyed. | A Row blo ¥ at Canadian boats nas recently, been uncovered in the:regnl- afions of the U. S. Stetamboat Tuspec. offered at 78 1-2 on the close but was not taken. s The man who makes the compari- | = son, "As cheap as dirt," hasn't tried to buy any real estate lately. oa, eta ere is a rush in the local cotton trade. Several large shipments are | being made from here daily, Several 'copies something speedy to think about at the Excelsior rink, es | opened of Toronto fans by giving Argonauts papers' i an old acak the IN A MONASTERY GARDEN Is a soul inspiring record, based on the poet's visit to a monastery, where ~ he sees and hears only that which is beautiful --scenes about which tho outer world are ignorant. Above the beautiful, melody, ome hears the song of the birds, tho chant of the monks; and in the mel ody can be visioned the atmosphere existing within the walls of the © monastéry, ON A COLUMBIA GRAFONOLA This Columbia Record is reproduced at its best. Every detail 1s pronounced in an exactitude wholly incomprehensible. ; 1. When you hear such real Music and you can hear it without . ligation in owr store--you wonder why you have not thought : more seriously of a GRAFONOLA. i Do you know that you can have one in your home for as low as $5.00 cass, Ax» smart, MosTHLY PAYMENTS. - x el, i