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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 3, 1921, Lethbridge, Alberta MONDAY. JANUAHY 5. 1921 Tfff LETHBHTDGB DAILY HERALD MARKET REPORTS 1 t LCVHBMIDGE GRAIN PRICES Track paid today for grtta la Leth- krldgo, wagon load lots follow: Wheat ....................ti.El Oats .......................36 Close. 190% 58% 89 Winnipeg drain Markets WINNIPEG, Jan. The local wheat market, after a opening, atrong throufhoit the eesslon and at the close was 7 1-gc higher than the dole of Friday. Trading In both cuh and was cioeedliig- ly light, but there was M pressure on either market. For cash wheat the demand Jtut fair. Premiums were well maintain- ed throughout the early part of the session, being 10, 7 and 2c over for Nos. 1. and 3 northern basil In but the strength In the fu tares bad a tendency to nacrow the spreads. Both cash and future coarse grain markets are quiet. The demand con- tlx'ies poor and the offerings excep- tionally light. Prices today were higher, reflecting strength from wbeat. Oats closed 1 l-4c higher; barley I 7-8c higher; del lOc higher and rya S l-2c higher. Quotations Open. May 184K May Way 87% May 210 May Cash Prices No. 1 Nor. 199 (Nos. i and S Nor. not quoted.) No. 4 Nor... 176% No. 5 No. C Nor 150% Feed 140H Track, Manitoba, Saskatchewan and Alberta Ko. 2 C.W... 53. No. 3 C.W... Extra No. 1 feed 50% No. l.Feed.. No. 3 Feed.. 45% Track 5394 No. 3 C.W... 91 No. 4 C.W... 84 Teed 70 Track 89 FLAX- NO, i N. w. c No. 2 C.W.. .205% No. 3. C.W.. .179% Condemned 17S% No. 2 C.W. Market CHICAGO, Jen. Wheat prlotia abowed strength today, largely aa a reaaUt of buylag on the part of honaea with seaboard coantc- tlona. March delivery touched the highest level since early In TJecembur. Bulla made miich, of the fact that ex- port demands have been above expecta- tions of late and that there were etgns of improved milling demand. Open- Ing HC off to 1 3-4c higher with March 168 1-3 to 170 and 163 1-2 to 164 1-2 market a slight ug and then went upgrade all around. Oatb were firm, opening 3-4ti higher with Miy 49 1-2 to 5-1 mid after a slight aetbick rising well above opening prices. Chicago CHICAGO, Jan. Terante Livestock TORONTO, Jan. receipts 1371; trade fairly Butcher choice to helfera, choice to kMcher cholee to W.M. CaJvea, reoelpta 67: tops Hheep, 417. trade hruk; prices steady aa4 uachaBged. receipts etead-, to 117, fed and watered, Chloaoa LlreeWck CHICAGO, JU. receipts bettor beef iteen alow; bulk to top I13.M. Hoga, Mediate M.OOtt; opening 11 to JOc higher; later It to higher than Saturday's avenge; bilk dealr- eble to 130 ponad pigs to 'Sheep, receipts J4.WC; ateerfy. Bulk 1 bard, 1S7. 2! mixed 70 to 70 1-4; tie. 3 yellow 69 to 71. 2 white 48 to 48 3-4; No. 3 white 47 to 48. CLOSE FUTURES. 1-4; May 171 1-S. 76 1-4; July 77 1-4. Oats- May SO 1-S; July 41 7-8. Edmonton Livestock EDMONTON, Jan. receipts 41; calves 4. Another day of light receipts has caused a quiet market. Prices hold- ing steady to stronger. Choice but- cher steers to common to fat lambs to bilk mm to feeders (low aid steedy. Bar Silver NEW YORK, Jan. silver, domestic is 1-J; foreign eculatlons but only after the fullest and most scientific Invesl- gatlpB by a competent board and which be voaatituted, because of the vital importance to wvrn earn- so as to their choeen such a board. have at leant one of upon "Thli board would charred with anbmlttinc neceseary fundamental Dairymen Ask Abolition Tariff on Dairy Utensils Claim Tariff to 40 Per Cent, and Keopi Milk Sit- -tint of .Commission OTTAWA, Jan. (Canadian or a rabstauial re- duction in the customs tariff on glass! to a" judge bottles, tlnwaro, dairy utensils anil' remp court In any province, or other adian dairy industry, the uoccMorlus wuii unduly re- tstrlcted In Canada, llii claimed that this due to tin) organization ol! jobbers oncu known at the Canadian branch of the National Association of Automobito Accessory Jobbers, but now known as Automotive Equlr. imrat Association. He nslieil that con- sideration nhould bu glvu'n the oues- tlou or taklne action nndor tho crim- inal eodo or under tho act to dissolve "trust." requested that tbo products of holism manufac- turing automobile and who had llttlo or no competition in Canada and tho sale of whose goods was practically confined to members o( AutomotiTo Equipment AHSOC- latlon. should bo placod on tho free- "st He further, that legis- l4tlon bo at tho nMt DUBLIN, Jin, that Eamonn DC Valtrn land- ed In Inland were definitely oerv firmed today. are convinced that thin would be im- possible of accomplishment under system of free trade ur.loss, and until the whole world adopted free trade and an vqual standard of living, which ii ax yet outside the realm of practicable aSfairs." good I5.EO to choice female stuff Fruit weakness waa J5.50 to f with hulk of good ones go- ing around and common to There is a good demand for feeder steers, 16.50 to Choice Teal calves 17 to Hogs, receipts 88. off ears Sheep, receipts nil. Choice lambs to yearlings JS.CC; choice ewes to Winnipeg Livestock WINNIPEG, Jan. US caftle, 135 hogs and ISO sheep. The cattle mar- ket opened with a firmer tone and trading was brisk for the limited of- ferings. Ail claaeea o( killing cattle sold at prices fully 25c above Fri- day's close, while the few stockers and feeders on offer were absorbed at steady prices. Trading on the sheep and lamb market was quiet, with no sales made up till noon. Bidding on the bog market opened from to for selects. Quaker Minister is Grateful to Tanlac Key. Parker Moon, Carthage. Missouri. Nearly everybody in Southwest for me and suggested a change of Missouri either koows or has heard of the Rev. Parker Moon, who for a full, half century haa devoted Ills life and talents to Sunday school and or- ganization work for the Society of Friends or Quakers. He resides at Howard avenue, Carthage, Mo. "Uncle aa he is more fa- miliarly known, came from flue old rugged Quaker stock, and there is not a better known or more highly re- spected citizen In that part of the state. In referring to hla remarkable restoration to health by Tanlac, he "About -five years ago I suffered a breakdnrr.. My principal trouble was nervous indigestion. My appatlto was very poor and my food seldom agreed with me. and I had to live on a very restricted, diet. I suf- fered a great deal from headaches and apells; I had severe pains across the small of my back and wan badly constipated of the time. In fact, I was so weak and rundown I was not able to attend to my duties. "Thlf condition made me very ner- vous and I could not sleep at night. Frequently I would He awaka most all night and wai In that condition more or less for five years. My phy- slcisn said he could not do anything climate. I then moved to Texas and went ,back and forth three times but did not get the relief I had hoped Finally, I got so bad off I was not able to get around with any degree of comfort. I was also told I had heart trouble. "I had read about Tanlac and, as it had been very highly recommended ,to me, I decided to try it. I got a bottle and had taken only a few doses until I could notice a marked im- provement in my condition. I noticed especially that I was not troubled any more .with sour stomach after eating, which was a great relief. "I kept on taking Taniac until 1 fuiiy regained my health. My appe- tite is splendid; I enjoy my meals and do not find it necessary now to take any laxative medicines of any kind. I can sleep much better and am not nearly so nervous. "I take great pleasure in recom- mending Tanlac to anyone who needs s good system builder, or who with stomach trouble. I have recom- mended Tanlac to a great many of my friends and um pleaaed to reach others by giving this statement for publication." Tanlac Is sold In TxithbrldgB by J. D. Hlsiabotham Limited, Druz- glsta shown by Unite Baldwin, Mexica and Pan-Aaierican petroleums, Hou ton. Oil, Studebaker, United Statt Rubber, American Woolen and An erican Sngar each lost 1 to 2 points Rails suffered to the same extent, bu a few closely-held shares, uamelj General Asphalt, American Tobacc and Hide and' Leather preferred, wer strong. By noon Atlantic Gulf ra lied three points but recoveries else where were less substantial. Ci money opened at 7 per cent, and ei Changs on London was strong. Wall Street p.m. Obscure Industrials and specialtie recorded irregular gains during th dull Intermediate cession but leader continued to lose ground. Increase weakness attended the steady offer ings of Atlantic Gulf, steels, equip- ment and Baldwin. Wall Street Close Buying of tobaccos, oils and steel at gains of 1 to C points effected a decided readjustment of prices in th active flnal hour, although rails wer not especially responsible. The closing was firm. New York Closing NEW YORK, Jan. sates R. 116; U. S. Steel 80 1-2; U S. Steel preferred 107. Sterling (Exchange NEW YORK, Jan. Sterling ei change firm. Demand ?3.52 1-4 cables 1-S. Canadian dollar 14 3-f per cent, discount. (Continued from front page.) ing on outside sources for their ran materials and yet, of themselves, necessary for the full development o other industries developing Canadian resources. Part of the Workers "The creation of an industry calls for investment not only the share holders' money to build and equip tho factory but also f.om the.workers themselves, who either invest in- trans porting their household effects and homes to a clpser proximity to tbe in dustry in which, they tire In many cases, go further and inves their all in a plot of a house In the full expectation o'f securing steady employment from the industry This investment is often lost sight df but is a very material one, the closing of an industry in many cases bring ing absolute ruin to many -workers by destrfeing investments thus made. is therefore important to the worker that Industries established should be as stablo aa possible. "Canada Is placed in the center of competition. "In view of this, Canadian workers admit the need of protection to our Industries, but they are not satisfied at its pabl application, believing it ha been misused, ofteuer for the benefit of capital, than used for the beneflt o! labor. "Our opinions in this regard may be briofly stated as follows: enjoying protection should be compelled to absorb all available labor in Canada before em- ploying or recruiting employees from other countries and our immigration ind alien labor laws amended accord- ingly. labor department should have power of Investigation and con- trol over the conditions of employment of the workers in a protected Industry ith sufficient power to enforce and at least as htfh a .standard or workers employed In 'protected in- lustries as those enjoyed by any of their compel ora against whom thoy are protected. Against Monopoly should never be so h as to create a monopoly and re- move all Incentive for Initiative and "mprovemant on the part of tho man- igement. government sbouM have ull control over the capitalization of Mustries under projection and thus ffevent watering of stocks and "cut- Ins; of melons." engaged in industry [enorally needing protection who have themselves reached a stage of evolopment where they no longer iced protection awl dnsire to be rfi-1 loved of the above regulations, should is enabled to do so by the payment of an excite duty on their products eqnal to the amount they would have benefltted by the hirlff. or other similar regulations, we do not can be carried out E at a meeting of that body in 1919 ask- j Following his statement he was ex- Ing for these tariff changei The resolution referred to the "unreason- able and excessive customs duty which amounts to 40 per cent, ou some articles regularly used by dairy- men, and which, is one of the chief amined at some length by Sir Henry Drayton, chairman of the commission. "Do you think there should be a jobbor'" Sir Henry quoried. Mr. Phillips emphatically re- plied. It was necessary for somebody factors in keeping up the price of. to carry the stock. milk." A reduction in the customs' "I sometimes commented tariff, the resolution stated, would Sir Henry, "that one of tha chief evils bring aiout a reduction in the cost of living. Commlnloh's Last Meeting Today's proceedings opened the last in this country is expensive distribu- tion." After presenting the resolution from the National Dairy Council atk- meeting which the commission will ing for a reduction in the duty on hold prior to beginning the actual, dairymen's in the way work of tariff revision. Prior to repre- of machinery, bottles and tinware, aentitions from the National Dairy' Mr. Scott called K. H. Etonehonse, of ________ Council, charges were made againet Weston, Ontario, president of the the Automotive Equipment Associa- council, who stated that with the de- Indians Rwhed to Let World tkm- II Tls claimed by R. Phillips, a Telopraent of the dairy industry In Know Men Were ROCKAWAY, N. Jan. The mlaalnfl United States navy balloon AS598 landed 20 milee northeast of Moose Factory, James Bay, Ont, December 14, and the crew of three men are cafe at a Hudson trading post, sc- cordlng to a telegram received at naval air station here to- night. I Fredericton dealer In automobiles and Canada, markets became of prime 1m- automobile accessories, that, as a n-, portance to the producer. In order suit of the organization of this assoe- meet competition In the world mar- iation of Jobbers, business In and to further develop the Can- COCHKANB, Ont.. Jan. dian Walter Hlntoa, Stephen A. Farrell and A. L. Kloor, bailoonists who landed at' Moose- Factory, Ont., on thA Hudson Bay on December 14, and who were first heard from yesterday, after they had been bearciied for for weeks, are In excellent spirits and ap- parently none the worse for their ex- perience, according to latest reports received here. Immediately on their landing a party of Indians were dispatched by the Hudson Bay company, to tile near- est telegraph office to notify the out- side world of their safe landing. The Indiana reached Matticoe, Ont, yes- terday. The party of balloonlats left Moose Factory December 27, on their way to the railroad. Some three hundred miles will have to be travers- ed by dog team with Indian guides, and it Is not expected that the party will reach Matticoe on the Canadian National Railway, before Saturday, January 8, at the earliest. DR. CLIFFORD KNIGHTED LONDON, Jan. tho Naw Year's honors, Donald McMaster, K.C., M.P., a former Canadian has been given a baronetcy. Rev. Dr. John Clifford, noted Baptist divine, has been knighted. think the duty should be removed al- together, but said thnt Canadian man- ufacturers of dairy machinery simply adding the duty, freight and exchange to the American price of the same article. In answer to a question by the cfiiel commissioner as to how revenue wa! to be raised, D. Bingham of the Ot tawa Dairy company, said that plac Ing aa income tax on the farmer was simply putting a premium on diahon esty. Farmers would try to evade it He said that a farmer had suggested to him that the government would wise to do away with the Income tai and substitute a tax on the land own ed by the fanner. This tax might hi ten or twenty cents an aere, as tlu need demanded. He thought the sug gestlon a good one. Sir Henry-remarked that the sug- gestion was the first of the kind had received from a representative a the farmers. O, MACDONALD'S Cut Brier More Tobacco ferthe Money, Packages 15 lllllllHIIIIIIIHilllini for For the young folks or the person just starting out to save their earn- ings, there'is no safer or surer way of building up a savings account than investing in Alberta 5 Per Cent. Savings Certificates For the person with n, hundred dollars or more, up to the big investor, no better i.-.- vestment will be found than Alberta Ten Year 6% Gold Bonds issued In denominations of JtOO, and JIGOO, and Hearing interest at the rate of 5 per cent, per annum, payable by coupon half yearly, ls.t of May and 1st of November. This form of saving and investing is desirable for all farmer, the wago earner or business proprietor, the person or. medium or bij salary. It is equally attire- tivo tp all. If you have a hundred dollars or more, buy ALBERTA TEN YEAR GOLD BONDS. They earn 6 per -cent, interest. Tha principal with interest duo will be paid in full of May, 1930. A particularly desirable feature of theso goid bonds in addition to giving a purchaser tbi! very best and safest return on their money, they are free from all tares in the Province of Alberta. No need to wait until you have a hundred -dollars before investing. Put your small savings into ALBERTA 5 PER CENT. SAVINGS CERTIFICATES. You can exchange them later for 6 per cent. Gold Bonds at pur. These navlngs certificates earn 5 per cent, interest, and are redeemable on demand. Buy those bonds direct from Urn Provincial Treasurer, through your bani; or from any recoguijed bond house in tbo 1'rovince. SEND FOB APPLICATION FORM vithout of a tariff Addren communlcatiena to Deputy Provincial Treasurer. Hon. C. R. MITCHELL, Prevlncla! Treaaurer. W. V. NEWSON, Deputy Provincial Treasurer EDMONTON, ALBERTA ;