THE DRYDEN OBSERVER pI = mp ih 3 Call Again + have a good line of = FALL GOODS in our Store SWEDE SAWS DE TILES AXE HANDLZS BROAD AXES BROAD AXE HANDLES HEATERS, STOVES : STOVE PIPES PULL-OCVERS and GREY BLANKETS MITTS, -We are Offering some GREAT VALUES in BEDS, SPRINGS, and MATTRESSES E. A. KLOSE ANDERSON & HARRIS FUNERAL DIRECTORS DAY OR NIGHT CALLS PROMPTLY ATTENDED TO PHONE~-- Day, 62 R 2; Night, 62 R 4 ROBT. SWEERNE General Blacksmith AGENTS FOR--~ Massey- Harris Implements carbon Removed from Cylinders by Acetylene Burning D. O'NEILL a 3 Solicitor, Etc. Barrister, CARMICHAEL BLOCK ONTARIC KENORA a W. A. WEARE General Merchant MINNITAKI, ONTARIO Agent For-- JOHN DEERE PLOW CO. There is John Deere Equipment for Every Farm Use. Get QUALITY and SERVICE TIME PAYMENTS Arranged to Suit Purchasers. Machin & Popham Barristers, Solicitors, etc. II. A C. MACHIN EARLE C. POPHAM Also Member Manitoba Bar. IMPERIAL BANK BUILDING KENORA ONT M. J. CROSIER General Merchant, OXDRIFT, ONTARIO Dry Goods Groceries Boots and Shoes Hardware and Farm Produce Frost & Waod and Cockshutt Implemasts | A.7.GARDINER General Merchant, : EAGLE RIVER. Agent for g Frost & Wood IMPLEMENTS. COCKSHUTT PLOW COY. &€ 8 Sharple's Cream Separators. RAW rps ROUGH & SeLn. WATKINS | PRODUCTS For Farmer or Citizen THE OLD ONES AND SOME NEW ONES JUST TRY THE COCOA PREPARED MUSTARDS EZY-WASE AND MINERAL SOAPS E. T. (DAD) ROWLAND ALL . ments from the Pacific Coast to the Atlantic ports of the United States, i ers generally report increased turn- Monthly Letter of the ROYAL BANK OF CANADA Canadian Business Conditions Not since the beginning of the econcmic readjustment period have fundamental conditions been more favorable to a healthy expansion of in- dustry and trade. There are already signs of improvement in the business situation, and while for the most part they relate to seasonal conditions, some of the changes are indicative of the gradual restoration of balanced re- lations which are so necessary to gner- al prosperity. The maladjustment be- tween industry and agriculture has during the past twelve months been mitigated if not entirely relieved, and the highly satisfactory crop returns now indicate that the purchasing power of the farming community will be greater than for the past five years and more widely distributed. The vield for the three Prarie Provinecs as estimated by the Northwestern Grain Dealres Association in this mid-Octo- ber report, compared with the final estimate of 1624, are as follows: 1925 1924 Wneat-- 400,385,000 235,694,000 Barley-- 65,355,000 70,630,000 Rye---- 9,220,000 11,126,000 Flax----- 6,395,000 9,677,000 Livestock markets showed a very en couraging tone during the month. Sup- pliez were heavy, but export demand from: Great Britain and the United States was strong. Hogs aer bringing high. prices, and this is likely to Le the case for some time to come owing to short supplies. The major industris of the country are generally more active, The iron and sweel mills are again operating closer to capacity. More than sixty thousand tons of rail business has been placed, and the demand from auto: mobile and agricultural implement companies has been in larger volume. The important textile industry which in 1924 had one of the worst year: of its history, is feeling the stimulus: of improved conditions, and the veduc- tion in primary costs gives the trade better prospects for earnings. In wol+ len goods tha situation is slightly bet- ter, and in silks, including rayon, re- lative prosperity prevails. The boot and shoe industry has been unsatis- factory for some time, but there is a general report of better business, ad leather prices are firmer. Mineral production records for Cana- da show a steady growth. Production of metals and non-metals reached a total value of $90,347,698 as compared with $84,307,385 in the first half of 1924. The output of gold for the six months was $14,506,219 as against $11- 810,060, and silver 5,601,883 oz. as compared with 5,008,256 oz. for the corresponding period of the previous year. In British Columbia the pro- duction of non-ferrous metals, especi- ally lead and zine, shows a large in- crease, and at present market prices the total outturn for the first eight months of the year is estimated at $41,000,000 or only $7,500,000 short of the total value for the whole of 1924, The coal mining industry after being completely disorganized by protracted strikes, is making rapid recovery and a better feeling is in evidence. Export trade in lumber is quiet. The Mari- time Provinces find it difficult to obtain satisfactory business against Eur apean competition. The Australian market appears to be satisfied, and the de- mand from Japan has fallen off. There is a steady increase, however, in shin- and domestic demand is expected to the pulp and paper industry, produs- improve with western conditions. In tion and shipments are ahtad of last year. The production of newsprint [ov the eight months ended the 3ist of] August is 988,764 tons as compared with 907,693 tons in 1924. The value of building permits and of liabilities. Our foreign trade coun- tinues to show a growth that is partiz- ularly noteworthy. During September exports amounted to $108,497,911--a considerable increase over $80,960,729 for tht corresponding month last year. This represents a record total for this month since 1920. For the six months of he fiscal year ended Septembir, total exports were $571,315,340 against $452 091,954 for the same period last year. The comfortable position of the money market, the small fluctuations in commodity prices, light stock of merchandise, the increased purchasing powar basd on good crops and a high state of tmployment are factors which collectively inspire confidence in the business situation. The French Dept Ntgotiations The failure of the United States to reach an agreemtnt with France pro- duces widespread disappo:nment, since there is now gentral apprec.at.on of the necessity for the return of France to a condition of financial stabiliy. Whatever merit is attached to the plan that France shall pay $40,000,000 a year for five years with the remission fof further interest during tht period lies in the suggestion that bothcoun- tries are now more nearly ready to face tht true situation., For France to reach the point where she is prepared to recognize her debts as far as her resources will permit, will constitute almost as mueh a step in advance as for the United States, possessing half the gold in the world, to recognize the real conditions in Europe and the neces sity for the adjustments ntcessary to permit her to begin to receive the goods in which ultimate payments must be madt., Like the 'Dawes Plan' this interim agreement bridges an awk- ward situation, and permits a lapse of time in which both peoples may grow accustomed to the ideo that further concessions are necessary. What is to be the ultimate solution is a matter that must be decided in the United States, but it is quite encourag- ing to realize that business men and bankers in the United States are giv- ing these economic factors a careful consideration which may lead to new developements in the whole debt situation. A Canadian Budget System. During the years 1920-1925, whilz Canada's gross debt was decreased by $200,000,000, her active assets were decreased by $380,000,000, so that her net debt was increased by $180,000,060. In comparing this record with that of the United States, for instance, where there has been a decrease in gross debt from twenty-five and one half debt from 25% billion dollars in 1919, to 20% billion -at the present time, one must recognize the fact that the bud- get Disector, receiving the steady sup- port of the Presirent, has played no in- considerable part in securing the result, In June 1925, whtn speaking befora the meeting of the Business Organ za- tion of the Government, the President of the United States said in part: "We have met this evening to take counsel together for the purpose of securing greater efficiency in govern- ment by the application of the princi- ples of constructive economy, in order that there may be a reduction of 'he burden of taxation now borne by the American people. The object sought is not merely a cutting down by pub- lic expenditure. That is only the means. Tax reduction is the end. During the years of prosperity which permitted this successful debt reduction in the United States, Cana- da has ben suffering from a prolonged depression which made it impossible to reduce the Canadian debt. We find ourselves, seven years after the end of the war, with a national debt of 21% billion dollars. The load of national, provincial and local taxation has con- tinued to grow until we are now faced contracts entered upon for construction ; work in Western Canada for the first nine months of the vear show an in- crease of $3,583,000 over the figures of a year ago, although the figures for the Dominion for the same period are slightly lowered, The usual statistics which reflect the curren volume of business indicate a tendency to expansion. Carloadings and bank debits throughout the past two months have been well above the coriesponding figures of last year. The agricultural situation is contributiny in no small degree to larger and bet- ter balanced buying power. Wholesal- overs, although in all lines buying is cautious and closely confined to im- mediate needs. Commercial failures for the third quarter of 1925 show a distinct im- provement both in namber and extent, by the necessity for a national policy of retrenchment. So long as each part of the country interests itself only in savings which might be effected in some other district, no great econom'es- could be secured, but now the necessity for governmental economy has become a matter of such outstanding im- portance that a balanced budget must cease to be a party issue, and the time is ripe for all Canadians to unite in a decisive effort to reduce expenditure. Men representative of leading indus- tries and business from all parts of Canada have expressed themselves as feeling that this is the paramount issue before the country to-day. Agricultural industry and commerce have experienc- ed prolonged, costly and discouraging depression, and are now ready for a season of recovery. It is exceedingly important that this recovery should be given the added stimulus which comes from reduced taxation. The busy Store See Us For MACKINAW CGATS, HEAVY SWEATERS TOQUES AND PULLOVER MITTS --All Kinds of-- WOOL & SILK SCARFS WINTER CAPS HEAVY Special Prices on DRESS FLANNELS for Ladies Call and sees the Goods. ee Nr Ree fe , Mule & Hocrsehide, per pair, SOCKS AND MITTS 75¢. to $1.75 slothing MACKINAW PANTS Good Timothy Clover Hay For Shipping per ton = Car Lots 24% $16.00 Classified FORTY BARRED ROCK PULLETS, hatched April and May. Will sell for reasonable offer.Apply 2 Mrs ULRICK COLLEN, 30|10|25c. Wabigoon, Ont. For Sale--TWENTY-ONE GOATS, 18 NANNY GOATS, 8 BILLY GOATS I never intended to sell the Goats, but owing to the fact that I have re- sided here for twelve years now, and so far have not been able to get a road to my place. I have given up all hopes of ever having one. For particulars and prices apply to OTTO CARLSON, Wabigoon, FOR SALE--KITCHEN CABINET, Oval Glass CHINA CLOSET, EX- TENSION DINING TABLE, SOLID WALNUT CHEST of DRAWERS, DAVENPORT, OAK LEATHER DIN- ING-ROOM CHAIRS, IRON BED SPRING & MATTRESS, SOILD MAHOGANY SETTEE, Ete. High- class, Low Price.--Apply JAS McFADYEN, WANTED--Unopened Cones of Red & White Pine. Prices f.0.b. Dryden.-- Red, 7T%ec. Ib; White, 414c. Ib. Edye-de-Hurst & Sons Dennyhurst via Dryden, Ont. FOR SALE--GENERAL PURPOSE TEAM, 7 and 9 years; Set Double Harness, Farm Wagon and Gravel Box. Pair of Sleighs, Woodrack, Single Jumper, One Plow, Set Steel Harrows, Three Chains, Three Clevis and Swivel, . One Grind Stone and Frame (nearly new) The lot at a bargain. G. GEDDES, Box 572 Kenora, Ontario Choice YOUNG DUCKS, per Id .......cvu.. 227 » YOUNG TURKEYS, perib ........ .28 » SPRING CHICKEN, perl .......... .30 Leg SPRING LAMB, perth ................. .25 Shoulder SPRING LAMB, perlb ............ 17 Teg of PORK, per Ib ....0civnnsunrs sv mia2B Phone No. 6 Sh = @hankagiving In THE DAITER BLOCK A. PATERSON, Prop Js: BOYS' EEE It Pays to Shop at B. PULLOVER SWEATERS, GATES at $1.75 ONE MASSEY -- HARRIS CREAM - SEPARATOR, 400-1bs; in good con- dition. Reason. for selling, have pur- chased larger capacity.--Apply . W. XK. EDYE, Dryden. ; FOR SALE by SEALED TENDERS : SEALED TENDERS will be received "up to and including November 14th, 1 for the South Half of Lot 6, in Con. . 3, Township of Wainwright, consisting of 160 acres more or less. 26 acres under cultivation, all seeded down with Hay; Frame Buildings, Wire Fenced, : Large Quantity of Pulpwood, Jack Pine, and Spruce. The highest or necessarily accepted. Tenders will be left with The Dry- den Observer, or Mr Alex Skene, owner. any First Class SILL TEE TE Sag, SHOE REPAIRING NEVER TOO LATE TO MEND | There is nothing so comortable as an § OLD PAIR OF BOOTS 1 can make them look as good as new Don't throw away your Shoes just because you think they are too far gone. Let me have a look at them, and I will estimate the cost to repair them. I am sure you will he satisfied, and will also save money while getting a foot comfort that no new Boot can give. Rebuilding Soles & Heels a Speciality CHILDRENS BOOTS REPAIRED After School Hours L. GREENHILL DUKE STREET -- No. 4, Special On and After NOVEMBER jth, this Store will be open all day on CANNED GOODS SPECIAL Tomatoes, five tins ........ .95 Pumpkins, five tins ........ .90 Dewkist Peas, five tins ..... 90 Van Camps Pork & Beans, FEVER HN8 i oir einen $1.00 Libby's Pork & Beans, six LE Ny 05 Sliced Pineapple, three tins .70 Strawberries, three tins .. .00 Pears, three fing nh... 75 Peaches, three tins ....... 75 4-1b Tins Mixed Jams .... .60 A Strawberry Jam, .85 ie Black Currant .. .83 Leglic Raspberry Jam, .8j ws» Loganberry Jam, .80 an Plum Jam, ..... .65 THURSDAYS C. James Wright Phone No. 49 SWAN" Weather Strip for DOORS Per Set $1.00 J. Winterbottom WOOD & COAL DEALER 'f ; and § Exchange Barn | W. A. Wilson} & Phone 28 = ; DRYDEN _- ER TE Tender not op i 3