Ontario Community Newspapers

Oshawa Daily Times, 6 Dec 1930, p. 14

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

a -- Eastern C 30 Boats Laid Up Kingston. --Fifty lake steamers are now laid up in Kingston harbour, ind more are yet expected to arrive. Sheds Burned Down Port Hope.--Fire which originated from' burning grass, razed three gheds on. the property of A. Jelley, CN.R,, section foreman at Newtonville. Only prompt and per- sistent work on the part of six sec- tion men saved the the house which was scorched by the blaze. Takes Northern School Brockville--James E. Horton, of Nelson Horton, of North Augusta Coldwater, Ont., son of Mr. and Mrs. road, has been appointed principal of the public school at Cochrane, Ont., and will assume his new duties on January 1st. Shot Large Owl Havelock.--~While hunting in the woods north of Havelock, Will Mar- tin and Campbell Rowat had the good fortune to shoot a large white owl 'with 3 wing spread of five feet, six inches. Remanded To Jail Brockyille.--Charged with having obstructed an officer in the perform- ance of his duty, Fred Meyers, Thomas Lee and James Moodie, con- cerned in the disturbance aboard the cargo vessel Sioux at Port Johns- town grain terminal, inswhich Pro- vincial Constable McQuaig was at- tacked, appeared in police court at Prescott and were remanded to jail by Magistrate H. Atkinson until next Friday. Bursar at Port Hope Deseronto,--Mr. Harold M. Rath- bun, of Deseronto, has gone to Port Hope where he has accepted the po- sition' of bursar at the Trinity school for boys. Mr, Rathbun, who is a graduate of R.M.C. at Kingston, 1s well qualified for the position and will make good Cheese Convention Ends Belleville.--The third annual Cen- tral Ontario Cheesemakers' conven- tion was brought to a close in a de- cided blaze of glory when nearly two hundred and fifty cheesemakers, pa- trons and guests sat down to dinner in ths Moose auditorium Sentence Suspended Brockville--John Foley, of the township ox Leeds, appeared before Magistrate Wright in police court recently on a carge of stealing a cow and was allowed his liberty on sus- Ontario News | pended sentence on payment of ceurt costs, Dies Suddenly Port Hope.--~Downeyville and vi- cinity has been shocked by the death of a well known resident, Thomas Begley, a bachelor, while engaged at his work on the farm, was seized with a sudden heart attack and passed away later in the night. Pilot Station Closed Kingston.--The pilot station which has been operated this summer under the direction of Mr. John Cleary, has been closed for the winter months. This has been a rather slack season for pilotsg and the office has closed a little earlier than it did last year. Hon. W. G. Martin Speaks Smiths Falls,--"The chief glory of Canada is the temple of humanity and understanding she has built up," said Hon. W. G, Martin, Minister of Public Welfare, in the course of an address at a joint meeting of the Ro- tary Clubs of Smiths Falls, Napanee, Kingston and Brockville. To Inspect Ballots Kingston.--An inspection will be made of the ballots cast in the elcc- tion here on Monday for members of the Public Utilities Commission. J. C. Reynolds, acting for Ald. John Handley, defeated candidate, made application before Judge H. A. La- vell for an inspection of the ballot and the judge issued an order. New Minister Welcomed Kingston.--A very pleasant took place at the Sunday School hall of the First Baptist Church, when members of the congregation .gath- ered to give a reception in honor of the new pastor, Dr. C. B. Freeman, and Mrs. Freeman. Expect Acclamation. Cobourg.--In spite of' the fact that municipal nominations are to be held at Cobourg on Monday evening, De- cember 29, interest in the election is at a very low ebb. Mayor Wilmott may be returned by acclamation, Form Charity Association Brockville.--More than 75 interest- ed citizens attended a meeting held in Victoria building at which, after discussion, it was decided to form a Federated Charities Association, Cheese Officers Elected Belleville --Officers were clected at the close of the Central Ontario Cheesemakers' convention as fol- lows President -- W., E. Brennan; Drastic Price Reductions! On all Classes of Galvanized ROOFING, galvanized and painted SIDING. GE1 OUR PRICES BEFORE YOU BUY Spring Terms to Farmers for Farm Buildings We will ship now--you pay June Ist. No interest. We allow at rate of 7% per annum for pre-payment. Write, 'phohe or wire to THE PEDLAR PEOPLE LIMITED Head Office - OSHAWA, ONT. Eastern Branches: Toronto, Ottawa, Montreal SOLVAY COKE LACKAWANNA The Best Produced Telephone 26 - FUEL OIL Hard Slabs - Soft Slabs - Cord Wood Cut To Stove Length -- No. 1 and Dry DIXON COAL CO. Five Direct Lines 1--1929 ESSEX COACH 11928 ESSEX COACH, PHONE 1160 Used Car Specials mo moar G37 I SEN COUPE Mk rn F000 re Ce Sv $695.00 Can't tell from new ..... 1--1925 FORD TUDOR, Balloon Tires Ross, Ames & Gartshore Co.,Ltd. 1385 KING STREET W. OSHAWA : HUDSON--ESSEX ~~ $685.00 $95.00 I'HONE 1160 event | DODD'S KIDNEY PILLS She Was Able fo Resume Her Work By Giving Dodd's Kidney Pills a Tris! y necessary A few weeks ago 1 felt my back s and coul chased some Dodd's Jam age to say I fount relief. d di k until I . not do any work unt . Keions Bila ™ Director--W. V. Drewry; Vice-Pres- ident--]. N, West; Directors--E. IL Babcock, W. E. Cooper, Jno. Finne- gan.; Sec-Treas.--J. H. Dudgeon. To Welcome Premier Ottawa. --Following the reading oi a letter from S. Rupert Broadioot, }y.C., president of the Ottawa Con- servative Association, Board of Con- trol decided to tender a civic recep- tion to Rt. Hon. R, B. Bennett, the Prime Minister, whe nhe returns 10 the city next week from attending the Imperial Conference in London Cheese Statistics 62 to 65¢; fresh extras, loose, 62¢; firsts, 62c; seconds, 38 to 40c; pullet extras, 49 to 62ec. Butter--No. 1 creamery prints, 334 to 84¢; No. 2 creamery, prints, 324c to 33c. 01d, large, 27 to 28c; twins, 28 to 29¢; old stiltons, 28c, Poultry---- Chickens, 5 1bs up ... Do., 4 to.51bs, ...... Do., 3% to 4 1bs. ..... Do., 3 to 34 lbs, Hens, over 5 1bs. ... Broilers .. Campbellford.--The last report of the grading station here shows that there were 8 lots of cheese, compris- | ing 317 boxes, as comparcd with 226 | last year. Statistics up to Oct, 1] show that 15,601 boxes were graded | as against 177,224 boxes last year. A jew factories are still in operation. Bowlers Organize Lindsay. -- Mecting the Town Hall an enthusiastic and representa tive gathering of be wlers, bot! and women, = from the Ce Club, cleaned up all last their officer retiring exccutive record of their | ness, elected | and opportunity to gi gave the | Pears, basket stewardship during the past year | Badly Injured Brockville. --B of the townshi ly injured earl | whe + his [ King's 1 | owned by Kingston Wild Ducks Gone Belleville.--The now leaving the the southland. here vet, but as the ice en on their feedir rounds, thes will have to leave PRODUCE PRICED TORONTO FARMERS MARKET The following are quotations, re- tail, in effcct on the St. Lawrence Market, Toronto. Produce-- Butter, dairy per pound 0.28 Do., Creamery, per pound Fruits and Vegetabl€s-- Carrots, 6 bunches Beets, doz. bunches Onions, dry, 11 qt. basket . Do.. firsts, k a their way t \Whistlers are roaches | ed rolls, | port ) Ducks Turkeys Geese TORONTO PROVISIONS Toronto provision dealers are voting the following prices to lo- cal retail dealers: | Smoked meats, Hams, med., 26 to 29c; cooked loins, 40c; smok- 28¢; breakfast bacon, 2 backs, pca-mealed, 27c; . smoked, 37c. Pork loins, 22¢; shoulders, butts, 184c; hams, 19jc. Cured meats-- Long, clear bacon, HO to 70 1bs., 21¢c; 70 to 90 1bs., 19¢; 90 to 110 lbs, 18¢c; Heavy- weight rolls, 18e; lightweight rolls, 50¢ Lard, pure tierces, 17 to 174c; | tubs, 16¢; pails, 164c; prints, 17 to 174e Shortening --Tierces, 13¢;. pails. 134c Specials pastry Tierces, 15¢; tubs, 154c; pails, 16¢c. 124c; tubs TORONT GRAIN QUOTATIONS Grain dealers on the Toronto Board of Trade are making following quotations for car lots: Manitoba Wheat--No. 1 hard, 6758¢; No. 1 Northern, 67¢; No. 4 do., G43c; No. 2 do. 6lc; | do., b7e Manitoba Oats No. 1 No. 2, 32jc. Argentine corn, Tic Colborne) Millfeed, delivered, Montreal freignts, bags included---Bran, per ton, $20.25; shorts, ner ton, $21. 26; middlings, $29.25. Ontario grain Wheat, barley, oats, 29¢; rye, buckwheat, b0c, CHICAGO PRODUCE FUTURES Chicago, Dec. 6,--At yesterday's prices top grades of fresh cggs are off some 13 cents for the market thoroughly unsettled and highly sensitive. The morning's 33dc; (c.i.1. 68¢; 4c; Cabbage Cauliflower Spinach, peck Mushrooms, per pound Leaf Lettuce, three for Head Lettuce two for Parsley, per bunch 0.05 Onions, bunch, three for ... Eggs, extras, per doz, 0.65 Cress, three for hg Celery, head Squash, each Parsnips, basket Beets, basket Peppers, each Herbs, bunch Radishes, bunch Honeydew Melons, each 0.25 Grapefruit, 3 for . Potatoes, bag Gucumbers, six for lemons, per doz. Bananas, per dozen. .. Apples, bus. Do., Snows, 6 qt. Oranges, doz. Can. Green Peas, 6 qt. basket Eggplant, each aisin Green peppers, basket 3 £3 BO 3 tO Pp no awe < Te oY on Cranberries, qt. Sweet potatoes. 6 lbs Pumpkins, each BOBS 09-3 19 m= on TORONTO PRODUCE Toronto dealers are buying pro- duce at the following prices: Eggs--Ungraded, cases relurn- ed, fresh extras, 69¢ to 60c; fresh firsts, Ble to 52c; seconds, 22 to 35¢; pullet extras, 46c. Buter--No. 1 Ontario creamery solids, 30 to 30%c; No, 2, 29 to 29%ec. Churning Cream---special, No. 1, 30cc; No. 2, 27c. Cheese--No. 1 large, colored. paraffined and government graded, 14 to 14%c. Quotations to poultry shippers are as follows: Poultry-- Alive Select M.F. Fatted hens, over 5 Jlc; decline gives promise of having reached a temporary bottom. | There appears to be a broader | and better class of buying towards the close of future market, which | sank to new low levels. Gesh but- ter held without change in a steaay | market, In view of the futures break, spot appears to have eased | materially, so a downward revision today might be in order. As to cause for futures decline we can mention no new factors that may { have brought this about. There | was, however, desire to take the profits that came when the mar- | ket encountered no support. Open commitment Dec. ref. eggs, 96; Jan. ref, eggs, 36; Dee. butter, 183; Jan. butter, 466; Feb. butter, 2. { Two market receipts-- Butter to. day, 17,196; last year, 10,435: | Eggs today, 16,298; last year, 11,- 305. Chicago spot market --- Butter, Eggs, firsts, 25c; tone unsettled. | extras, 334c, firsts 32c, tone steady. New York spot market-- Butter, extras, 36ic; no: tone. Eggs, firsts, 26¢ to 27c; tone steady. | RT RRR ote, Crago) now at our toilet goods counter. ALL at our perfume counter and see the new Seventeen! Besides the perfume there's a Ibs., each .... 19 22 Over 4 to 6 Ibs, cach each Under 3% 1bs. ea. Spring chickens, over 5 lbs. ... Over 4} to 5 Ibs, each Over 4 {o 4} lbs. each ........"13 Under 4 1bs., ea. Broilers, 2to 2% Ibs. each Ducklings (white), over 5 lbs. ea 12 Over 4 to 5 Ibs. each Colored, 2¢ 1b. less. Guinea fowl, pair ......... 1.50 Geeso and turkeys. market prices. Selling Toronto dealers are offering pro- duce to retail dealers at the fol- lowing prices: Eggs--F¥resh cxiras, in cartons, ) Seventeen powder, and other de- lightful toiletries. "Mine, as though I'd had it made to my order," says Joan Crawford of Seventeen Perfume. "I had always told my friends that some day I would make a perfume . «+ NOt simpering sweetness . . . but dash and zip . . . oh, gay mod- ern things! And then, one day, I found ir . . . I didn't make it. . . but Seventeen is all 1 wanted it to be!" 17-DY 44 Seventeen Compact with Sifter $1.00 Dusting Powder .i,..couvvvnes $1.00 Perfume ..... ++ $100 and $2.00 Face Powder ..vessesnes sarees $100 Sold by Jury & Lovell THE REXALL STORE King E. Sim i Phone 28 Phone Cheese--New, large, 17¢; twins, | 174c; triplets, 174c; stiltons, 20c, | shorteniug----- | the | No. 4, | (c.l.f. Goderich and Bay | feed, | | Port week with | Prospectus crv OF oa Oshawa Industrial Foundation Li ® imited (INCORPORATED UNDER THE ONTARIO COMPANIES ACT) HEAD OFFICE OSHAWA, ONTARIO, CANADA AUTHORIZED CAPITAL 5000 common shares--(Par Value $100)--$500,000 PRESENT ISSUE 1000 common shares-- (Par Value $100)--$100,000 Price $100.00 per Share CHARTER The Charter granted to Oshawa Industrial Foundation, Limited, under THE ONTARIO COMPANIES ACT on April 18th, 1929, provides the Company with very wide powers for carrying out its purposes, which may be summarized as the promotion and encour- agement of industrial development in the City of Oshawa, and more particularly the construction of buildings for manufacturers now or hereafter to be located in Oshawa. SHARES The Authorized Capital of the Company is $300,000, composed of 5000 Shares of Common Stock of $100 par value. The present issue is $100,000, being 1000 shares at $100 per share, EXPENSES The only expenses of the Company at the date of this Pros- pectus are the incidental disbursements necessary for she incorpora- tion of the Company and its organization. Legal services have been and will be donated gratis by G. D. Conant of the firm of Conant & Annis, Barristers, &c., Oshawa. The expenses in connection with the placing of this issue including all commissions, advertising, printing and publicity will amount to about 2% %. PROSPECTS The Company, having been sponsored by the Oshawa Chamber ~{ Commerce, is assured of necessary co-operation from that organ- ization and from the Oshawa City Council through the maintenance of an Industrial Commissioner and an Industrial Committee. Ample machinery has been set up and is in operation for securing in- dustries and for making all necessary preliminary investigations. INDUSTRIAL SITES It has been felt for some time from the experience of the officers of Oshawa Industrial Foundation, Limited, particularly in their capacity as directors and officers of the Oshawa Chamber of Com- merce, that the industrial development and extension of Oshawa could only be assured by having available proper industrial sites suitably located and conveniently served with the necessary facilities. In the year 1929 representations were made to the Ontario Legislature for legislation that would enable the purchase by the City of industrial sites and this resulted in the passing of TIIE INDUSTRIAL SITES ACT, 1929, which enables the City to pur- chase industrial sites with the consent and approval of the electors. Soon after the passing of this Act, a by-law was submitted to the ratepayers of Oshawa to authorize the expenditure of $30,000, in the purchase of industrial sites and this by-law was passed by a large majority of the ratepayers. Following the passing of this by-law the City purchased an area of about 13 acres on Simcoe Street, South, adjoining the plant of The Skinner Company, Limited, and has more - recently purchased an area of about 12 acres at the Harbour. In addition to these areas the City owns a tract of about 100 acres of land near the Harbour acquired some time ago. It is felt that the City of Oshawa is now in an enviable position through having available most desirable sites for the location of industries. PRESENT ISSUE The proceeds of the present issue will be used to purchase from the City part of the Industrial area on Simcoe Street South, and to erect theron a building for Coulter Manufacturing Company, Limited, and for one of several other industries with which negoti- ations are now pending Oshawa Industrial Foundation, Limited, has entered into a con- tract with COULTER MANUFACTURING COMPANY, LIMITED, whereby Oshawa Industrial Foundation, Limited, agrees to acquire a site of 2.39 acres immediately south of and ajoining the lands of The Skinner Company, Limited, on Simcoe Street South. and to construct thereon a building with a floor area of not less than 24,000 sq. ft. The building will be of standard heavy type factory construction, concrete foundation, brick walls, steel sash with modern roof of lantern or gondola type. The signed contract provides that Coulter Manufacturing Company, Limited, will, upon completion of the building, enter into a lease of the entire premises for a period of ten years at an annual rental to consist of 10% of the total cost of the site, building and all expenses incidental there- to, the said rental to be payable quarterly. The agreement further provides that upon the completion of the building and upon Coulter Manutacturing Company, Limited, setting up machinery and equip- ment therein to the value of not less than $65,000.00, Oshawa Industrial Foundation, Limited, fs to advance the sum of $10,000.00 to assist in equipping the plant with 60 cycle motors, and in moving its machinery and equippment to Oshawa. This $10,000.00 is to be repaid with interest at 7% per annum in five equal consecutive annual instalments and is to be secured by the deposit with the Oshawa, Industrial Foundation, Limited, of one-third of the issued capital stock of Coulter Manufacturing Company, Limited, the par value of which it is expected will be not less than four times the amount of this loan to the Company. © 'COULTER MANUFACTURING COMPANY, LIMITED, has its origin in Coulter Copper & Brass Co., Limited, an old established firm in the City of Toronto, which has outgrown its present premises. The new company will bring to Oshawa a substantial part of the machinery and equipment, goodwill and orders tor busi- ness of the old Company. Approximately one-half of the business of the new company will consist of the manufacture of automobile hardware and the remainder of the business of the company will arise from general hardware manufacturing. It is conservatively estimated by the Officers and Directors of Coulter Manufacturing Company, Limited, and of Oshawa Industrial Foundation, Limited, who have thoroughly investigated, that upon the establishment of the firm in Oshawa at least 100 employees will be engaged and that this number will be considerably increased in a short time. It is estimated that the cost of the site and building for and the Joan to Coulter Manufacturing Company, Limited, will involve a total expenditure of approximately $65,000.00, and that the value of the plant, machinery and equipment installed by Coulter Manu- facturing Co., Limited, will be more than twice the total expendi- tures by Oshawa Industrial Foundation, Limited. The Oshawa Industrial Commissioner and the Directors and Officers of Oshawa Industrial Foundation, Limited, are in negotiation with several other substantial firms with a view to locating them in Oshawa within the next few months. It is confidently expected that one and the most desirable of these industries will be located in Oshawa in. the very near future and that the balance of the present issue will be required to provide facilities for this other industry, The Coulter proposition is being proceeded with at once and plans and specification$ are under preparation so that construction may commence as soon as satisfactory contracts have been secured. The Coulter Company is desirous of establishing its plant and getting into operation in Oshawa with the least possible dclay. It is ex- pected that this plant will be into production in the City of Oshawa not later than February 1st, 1931. DIVIDENDS It is the intention of the Officers and Directors of Oshawa Industrial Foundition, Limited, to distribute among the shareholders as dividends the entire revenues of the Company from rental and interest moneys after defraying taxes, insurance, depreciation and all other necessary expenses. It is expected that this policy will enable the company to pay dividends of approximately 6% per annum to the shareholders. APPLICATIONS Subscriptions for stock may be made on application to and any further information may be obtained from any of the Directors or Officers or the financial agents of the' Company. All subscriptions for stock, however, will be subject to the approval of the Board of Directors of Oshawa Industrial Foundation, Limited. Dated this 1st day of December, A.D., 1930. OSHAWA INDUSTRIAL FOUNDATION, LIMITED, G. W. McLaughlin, President, F. J. Reddin, Secretary. CUTLER & PRESTON, Oshawa, Ontario, Financial Agents, OFFICERS AND DIRECTORS PRESIDENT G. W. McLAUGHLIN Ist VICE-PRESIDENT, T. B. MITCHELL Mayor, City of Oshawa DIRECTORS E. C. HODGINS Mgr., Canadian Bank of Commerce (Oshawa Branch) 2nd VICE-PRESIDENT F. L. MASON Sec'y Treas., Pedlar People, Ltd. GEO. HART , President, Oshawa Dairy, Limited SECRETARY-TREASURER F. J. REDDIN Manager, Central Canada Loan & Savings Company (Oshawa Branch) SOLICITOR G. D. CONANT. B.A, LL.B. of Conant & Annis, Barristers & Sclicitors Oshawa, Ontario : BANKERS THE CANADIAN BANK OF COMMERCE FINANCIAL AGENTS CUTLER & PRESTON Oshawa, Ontario

Powered by / Alimenté par VITA Toolkit
Privacy Policy