Ontario Community Newspapers

Oshawa Daily Times, 28 Nov 1927, p. 5

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

ines Conditions Good During Month of October The wing summary of gen- ral business conditions in Canada uring the last month has been ceived by H. M. Black, local panager of the Bell Telephone Co., om the General Commercial En- ineers' office at Montreal: The favorable business condi- jons noticeable for some time past ave been generally well maintain. d during the past month. The hysical volume of business was bout equal to the previous month ccording to the Monthly Review { Business Statistics issued hy the iminion Bureau af Statistics. Construct n | 'Construction contracts: awarded n October amounted to $47,135. 00, according to MacLean Build- ng Reports, This is an increase of 14,347,700 or about 30 per cent ver September and of 8.6 Per cent ver October 1826. Thia is the largest Tocorded otal for any October. The total or the year ta date is $352,000,- 00, which is also an increase over he first 10 months of 1926 of 8.5 er cenf, Distribution of contracts for oher according to psovinces and 1ns3es was: Provinces ,+$20,856,300 18,704,500 3,797,000 2,686,000 , 1,521,600 Classes Dntaria nebec Pritish Col'ta irle Pray. ,, favitimes £3 £3 Ut 00 WD C3 KARN THE DRUGGIST FOR SERVICE PHONE 378. NEXT THE POST OFFI» &Tyw fh aa iE pit ing 3,019, 49 Business 2 H Residential WIR : EE RHE Production and Indices | y . Considerabla wien prevails throughout the Pra Provinces on account of the ey heavy wheat erop. Threshing has been somewhat delayed by unfavorable weather, but in most quarters it is now proceeding at a rapid The quality of the wheat in i toba and Seskatchewan has been slightly lowered hy frost and rust but in Alberta crops were much above. the average for the last ten years, In Ontaria and Quebec crops are practically all harvested and on the whole farmers have heen fairly ful in this 7 "In spite of some unsettled weather, farmers generally have been able to carry on their fall worl. On the whole, farmers in the Maritime Provinces have hed a gond vear. The potato yield, in spite of much rot, is expected to te abaut the same as last vear on ac¢- count of the increased acreage. Apples are coloring well and are of good quality, the crop is expect- ed to be somewhat below the aver- age. In Britis) Columbia the weather venerally has heen unsettled. Roots and potato crops have heen mostly dug end are proving to he o! good quality. The onion crop is ppo* hawever, having teen dam- aged by raln, Automabiles Production of automobiles in Canada during Sentember declinad to 11,262 cars. This output was 10% less than the 11,626 cars pro- duced in the previous month and 14% under the 16,953 cars made in September o! » year ara. Compared with the previous . hd ET 18 SIMCOE STREET -- ------ og -------- Frome. Fohrong 4@ : Private Wire Sim 11 K:-~ Street East, Oshawa Phores 143 and 144 S, F, EVERSON, Local Manager = Above C.P.R, Offic: pi Ls, 693,900 39.7% | Te £2 | ie i mC N month, reodudion in Senlamhar showed declines in all types of ears, with the SAvoption | of rose in number to RI Hie Output of open to TT 485, dow eh to 4 from he nine the Sep- HS to. Raving a sales tof Fir 4 : uction of ae in wi * the i 0 on when 172,30 oe xalued at $105.500,838 were - produced in Canada. Bank Loans: Current loans in Canada amount: ed to $1,025,600,000 in August, an increase of 9.3 millions from the previous month and of 71 millions over August of last year. Notice depasits totalled $1,389.- 700,000 for August. This was an increase of 10.7 millions over the nrevious month and of 46.6 mill- fons over August 1926. Coke During September the prodye- tion of cole in Canada amounted to 150,271 short toms. This wa: 18,859 tons mare than the Auszurt output of 169.130 tons, and 16,021 tons less than the 166,292 tons re- ported for Sentember 1924. Far tlie first nine months of this vear nroduction amounted to 1.- 495,245 tons, against the 1.424. 417 tons for the same period last year. Elentrical Power The monthly output of central electje stations in Canada for Sep- tember was 993,114 kilowatt hrs. Of this 976.756 kilowatt hours were generated hy water nower. In Aug- net the total morthlv output was 1,084,900 ° kilowatt hours and in Sleptember, 1926 it was 920, kilo- watt hours. The nroduction of hydro-electric nower hv provinees in kilowatt paper in -Augy hours was as follaws: : Sent., tario . Nuebe: Rritish Columbia ,., Prairie Provinces Maritimes ' Employment At the bezinning of Octoher the index of employment comp'led hy the Dominon Bureau of Statistics was 109.0. This is a slight decrease from the Sentember figure. Comparative indiges are given as follows: January 1020--100. Canada Ist of month 1026 89.6 01.4 104.2 104.9 105.2 Janvary April August September October Iron end Steel The output of pig fron in Can- oda during September amounted to $2,470 long tons, a decline of 17 per cent from the 63.234 tons of the previous month and 19 per cent under the 64.187 tons reported for September 1826. The decline this month as comparad with August was mostly ip basic iron, while foundry iron zlso fell off slightly. Some 4,882 tons of malleable iron | were produced whereas none of this EY TE ERE) = The 1927 473,054 330.007 80,220 75,000 0,236 102% 04.8 96.2 100.2 100.7 106.0 grade. w mca ve For nine hs of the year. the cumulative production of pig iron totalled 570.414 tons, an increase of 13 per cent over the same 'period last Joan \: The i Bur Egan steel ingots and castings in Canada during Sep- tember mounted hy 54,250 long tons, a a per cent from the 71, " I Produc- ton in Jp r last year amount- ta 58837 toms. Thus last i outpni was the lowest re- ported for any month this year. The first nine month's of the year showed a Shmalave produc. tion of steel at 674,289 tans, a gain of 12 per cent over the carrespond- ing period last Joar. Canadian 20 De of pulp and it. were valued at $15,648,665 according to the re- port of the Canadian Pulp and Pa- per Association. This was a de- crease in valua of $65,618 over the previous month's figures and an in- crease of 2439.455 over the total for September last vear. The Sep- tember exnorts of auin were vowed at $4.074,215 and of paper at $11,- 674,400. Trade end Trade Thdices Hank Clearing and Debits Bank clearings in September for ell Carada amounted tn #1,65°%,- MNN.NAN 29 compared with 81.549. 000,000 far August and $1.383- 000 000 fo» September lst year. Tha dolla volume of bhisiness in M-nada ps@mdicated. By bank de- hit: to individual cecovntt." was $2.844.000,000 for Senismbar, as venortad hy the "Manth!v Review ce? Business Statisties,"" This shows an inerepse of ahout & per cant aver the previous menth's to- tal of 22.607,000,000 rnd an in- eraase nf annravimntely 17 ner cent aver the £2,357.000,000 reported "ar Septemher 1926. Car Load ngs Ca» loadings for Sentember were 04,295 compared with 282,807 for Aur, 1027 Fept.. 1026 404,750 400,993 857,60 217.884 83.027 72.061 71,802 5A, 183 12,115 8,120 the previous month and 303,788 for September last year, The week- Iv pverage for this September was 71,637. The cumulative total for this year up to October 1st was 2,- 406,809 pgaipst 2,000,654 for the came period in 1026. Ontario 1926 1827 86.0 00.9 88.0 04.3 06.7 1028 Quebez 1026 1927 90.7 98.2 95.7 09.2 318.5 115.2 H7.9 - 103.8 113.1 115.8 08.7 104.3 113.1 115.4 © Egports and Imports Exports for the month: of S2p- tember cmounted to $97,412,816 and imports to $91,802,777 as re- poried hy the Department of Na- tional Revenue. 'This reveals a favorable trade balance of approxi- mately 5.6 millions. Last month's belance was minus 3.4 millions and 'n September 1926 it was plus 6.7. For comparison, the index for Sen- tember #3 plus 11.8, hased on date for thet month for the past seven years. Failures Commercial failures in Canada cmounted to 119 in September, egainst 127 in August and 126 lest September. For the first nine ponths of the year there was a total of 1282 failures ageinst 1235 for the same period last year. Railway Earnings Sentember net earnings of the Cenadian Pacific Railway were $4,- 494,012, a decrease of approximate- Iv 4 per cent from the $6,448,824 reported for September 1926. This is the Afth consecutive de- cline in monthly net earning and the sixth of the year. It is also by tar the greatest decrease, being nearly equal to the five other de- clines recorded and leaving the company over four millions below the 1926 record for the first three quarters. Following are the gross earn- ings, working expenses and net for Sept. and the first mine months with comparisons: September 1927 $17,063,124 12,569,112 4,494,012 $139,183,035 114,687,789. 24,495,240 The statement of earnings and expenses for the month of Septem- ber last issued -by the Capadian Na- tional Railways shows net earnings of 85,021,627, while in September 1926, they amounted to $5.507,- 972. This fs a reduction of $486,.- 446, or 8.8 per cent. The Sentem- ber gross earnings were $22,125. 297, while in last year they reached $22,619.872, a de- crease of $494,476 or 2.2 per cent. Stocks and Bonds The stock exchange atiracied considerable attention in Septem- ber owing to the rapid advance in many fissues. the index of 31 in- dustrials beinz 342.9 in Septem- ber. compared with 310.8 in the preceding month. This represents an advance of 22 noinis or more The following are index numbers of security prices, weighted, as re- ported by the Dominion Bureau of Statistics: : (1913100) Common Stocks Industrials Public bE] 825 92.4 1115 112.8 , 1927 The average of A prices showed a slight recession in Sep- tember. Grain prices were at lower levels in view of favorable cro» --» B42.9 develop t=. An increase occurred | | osHAWA AND DISTRICT Successful Rummage Sale A most successful rummage sale was held on Saturday after- noon in the Simcoe street United Church under the auspices of the Harvey Hunt Mission Circle Thought the weather was se very disagreeable the $15 proceeds were encouraging. Mrs. H. 0Od- gen ahd charge of the faney work booth &t the bazaar held under the auspices of the Christian church Ladies' Ald on Thursaay afternoon, while Mrs. C. R. Cuer- re directed the miscellaneous booth. Stolen Car Recovere:l + H. Hoeking, West Hill, reported to the local police department Sat- urday that his car had been stolen from in front of the Gospel Hall on Naasau etreet. It was described as a Chevrolet touring car with On- tario license number §2-312. The automobile was recovera1 in rood condition a short distance from where Hocking had left it. Was Intoxicated Being in an intoxicated condition in & public place cost William J. Milne $27 when he was convicted of the offenea In Pohce Court ths mornint by Magistrate A. ¥. Hind. Milne was arrested on Kine street west about 12.30 Sunday morning end was allowed out on bail when brouzht to the police station. Pe pleaded guilty to the charga in court this morning and was fined the usual $20 and costs for a first offence. Yenle Low of Lamb Somebody stole a leg 0" lamh. So Mr. £chem!t, of Yonge sireet in- formed the locel police officers Saturday cvenine, The meat in anestion had haan left in hia car when it was parked in front of Caw- I'er's butcher shop on Simcoe street north, and when Schamlt returned to the ear he found hungry individua leg of lam) is ¢ Too Late to Classify FURNITURE FOR bed couch, one ivory er, one tapestry Chesteriield, one electric stove, threz burner, Will sell these grticles cheap Phone 1354F, (1243) WANTED--TEAMS WITH LUMP wazons, steady work. 80 cents per hour. Apply 82 Simcoe south. Arm- strong Company. (T24c) "oR hriek honse ply Bradley Phone 169. TO RENT- Apply 127 Ritson Rd. 8. SHAW UPHOLDS RULE BY RICTATOR Only Natural Covernment for Man, Says Brilliant Dramastist till missing. SALE--ONE bed and dress. LNT --- SIX , all conveniences, Brea, ROOMED Ap- 20 Simcoe St 8, M24c) -FOUR ROOMED FLAT (124¢c) London, Nov. 28. -- science is capable of smashing the whole fabric of renvesentative gov- ernment, Gzorge Bernard Shaw de- clared, lecturing before the Fabian Society. His subject was *Demo- cracy as a Delusion." Elaborating his polnt, writer said: "Nowadays speakers tall: to millions of people. I' did the other night. The only iyvention necessary is an arrangement for listeners-in to be able to press a button and rezister 'aye' or 'nay', and thus instantaneously register their votes on =a political {ssue. Then the pur: democracy of the old-fashioned town meeting would | have returnzd." | But Shaw was convinced that no- i body wanted pure democracy or! eny other sort of democracy. He maintained that dictatorship is the the noted patural government for man, and | 1926 $18,875,404 12,426, 536 6, 4488 $1,822,280 | Differe ir 132, ddd 2] $24 2137.331.,754 108 699, 763 23,632,021 2e made the Socialist intellectuals wile eit of his feet as patron saint of the Fabiana Sogioty discomfiture as my Mussolini ond ridic: uled govern- | ment by the people. "The government of and for the people . . . yes," said Shaw, "but gov, 'ernment by the peo- ple cannot be." | the people. | in hide and leather ori ces and this advance is raflected in hizher | prices for boots and shoce. ! Most lines of manu turinz en- | terprise showed a siight decline, | The primary iron and steel indus- | try was less active in Sevteraber | and the output of automobiles. af- ter rcasomal adjustment, was at a low level. this being partly due to | the contnued suspeasion of pro- duction by a larze manufacturer. Mining 2nd construction were more active in the month under review. while the export of lumber and the production of newsprint were in slightly lesse. volume. Bank debits were greater than in the corresnonding month of ary Preferred Stocks Bonds Banks Industrials 2 23 108.0 98 2 114.1 102.1 129.1 108.2 137.6 109.5 year since the record was drst compiled, but heavy speculative trading was the principal cause of the marked ircrease. C:. H. Rogers. Geoneral Commercial Engineer. 16 109.6 110.2 111.1 111.6 BER A. 192: LOVELL :t, Phone 28. that "some ! 1 had taken it. The | Wireless | FUEL COAL Stove, $16.00 per ton Nut, $15.50 per ton COKE $13.00 per ton WOOD Soft Slabs, load, $3.25 ¢ Mixed Slabs, load, $3.50 Hard Slabs, load, $3.75 Bodywood, V;cord, £4.25 "Buy Relizble Fuel from a Reliable Firm" Waterous-Meek td, Yards, Cedardale--Phone 1288 Uptown Office, 66 King St. W, Phone 660 <A I EU 'Clearing Out All Our WHITE IVORY, GOQDS . HALF-PRICE We are diccontinuing the sale of this line. These are suitable for Christmas presents, Buy now and save money. : Kamn's Drug Store Next to Post Office Phone 378 is ho I= hz IS 8 STORAGE SPACE FOR RENT About 12,000 ft, of good dry, storage space, conveniently locate. ed, with Canadian National siding, for rent either in whole or in part. Low rental, CHARLES M. MUNDY ¥ ¢/o Mundy Printing Company, Limited Telephone 35 or 312 Soil. joel peeled ee BR lil TR G0 RL 0 CASSELS, BIGGAR, TURNER & CRAWFORD ESTABLISHED 1902 Members Toronto Stock Exchange BOND DEALERS New York, Toronto, Montreal and Mining being received over Direct Private Wire. All Quotations Boarded Enquiries and Correspondence Invited Telephone 2600-1 OSHAWA OFFICE v 9 CELINA ST. Fred G. Carswell, Manager REAL ESTATE Homes built to suit purch isers. R. M, KELLY 810 Simcoe St. N. Phone 1663W brick house, pew eloctpic New 5 room all convemicnzes, stove, fireplace, oak floors, chestnut trim--only $4,200. Terms very easy. DISNEY Real Estate Opposite P, ©. Phon. 1359 Associzte Salesmen L. ¥. Disney W. G. Prudence R. J. Ruatherioxd R. S. Disney Better Houses For Sale New 2, 3, 6 and 7 Houses Immediate Possession URIAH JONES Phone 1947W 461 Simcoe St. Room N. with $1,500 cash buys 2 $2,800 six room frame house, lights and water. In good section. $3 70 with $400 down, buys ' pew 5 room bungalow. Hardwood floors. All conveniences. This is a bargain--ask about it. $2,000 with a cash payment buys room frame house. 2 piece ab, garage, ia Whitby. Or would exchange for To- ronto property.

Powered by / Alimenté par VITA Toolkit
Privacy Policy