The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-26
CANADIAN FINANCIAL NOTES

r. ". Connolly 4 Co. OF Montreal are
directing special attention 10 Riordon
Pulp and Paper Company conditions. They
point to enormous surplus profts and to
extensive ownership in timber lands and
water powers. The Kipnwa mill 10 expected
to be In few years the largest sulphite
mill In America.
William ~. Baker. pioneer banker ~
Washington state, states that ne Is giving
serious consideration to "A scheme To import
10 Vancouver. Il. c.. large mock OF sheep
with view TO establishing the wool indus
try on Vancouver Island on big scale.
Discussing the question: Shall Canada
Trade With Germany" the Financial
reason and public interest indicate that
Canada, in common with the rest Of the
mgs be to Ss sS to ana a. buy
are to be secured and the industrial and
financial stability Of the world restored.
should buy from Germany only those man
ufactured articles which she finds II i'm
possible 20 produce economically at home.
and should release to that country raw
materials which she can utilize within her
own borders. II Is here that the Govern
ment has n duty 10 perform In laying down
a definite policy along these lines and sup
plementing It with the necessary tarin
regula atoms. Doubtless this will be one OF
the, questions taken up by the commission
vestigate and report upon the whole matter
Of tariff revision this year"
A cooperative woollsn mill will be
erected by the cooperative wool growers OF
Alberta, either at Edmonton or Calgary
II 10 expected to absorb practically all the
wool grown in the province. Alberta pro-
ducedet7 per cent. OF all the wool sold last
year yhrough the Canadian Cooperative
Wool Growers Association. This amounted
| to 2,3o9,5St pounds. 1t brought 6lh cents
| a pound. The sheep men will receive current
market prices for their wool at tho mill
on n the manufu etured GOODS xll their Wool
now IL shipped to mills in eastern Canada
| or the United States
Seventeen carloads of carcass beef worth
| $40 900 were forwarded over the Canadian
Pacific Railway direct from Saskatchewan
| 20 Italy in July. Ten cars were loaded at
| Regina, four at Saskatoon and three. at
! Moose Jaw. The consignment was tho
nIst under a contract secured by saskat-
| chewan packing arm to supply beef to
Italy. The cars were taken In special
train to Montreal, whore the meat was
shipped direct to Rome.
Sir Charles Hanson, Bart, n p, sx-
| Mayor OF London, 10 visiting In Montreal,
sSs SsEsn I'm q III:
| (HRnson Bros)-that was 10 bring him
municipal and political prstsrmsnt In the
snSs sir ns csariss ' isss Visited Canada s ana
he will remain until the end OF September.
There abe ss2.l79 sheep In Alberta. ao-
! cordlng TO the Gtternment census. This
IL more than half the sheep In the four
Western provinces. The greater part are
I Inerinos and merino grades, the best wool
| producing varieties. Many large herds are
| still left on the open range. and there Is
| scarcely a farmer IN the province who does
not own small nsek.
Another large British manufacturing
| company has decided to locate In Toronto.
| This time II Is Baldwin's of Swansea,
| Wales, and II will employ $500 men
within q year. This extensive plant OF
admirabis record in the output Of war
material, has been taken over. and a
new company formed. known as Baidwin't
Canadian Steel Corporation. Ltd. New
! rolling nilla are to be built and the work
| will be we'll under way this fall.
The canaeian pulp ana paper paper indSstrE
international Paper Company intends Ia
mately, $4,000. 900; Ths undertaking will
| structure OF tho mills will he completed
| by Deem Der. When completed some 5000
| hands will be employed. The product will
be pulp and all grades OF finished paper.
During the nrst four months OF the
Showed q considerable advance over that
lss the same period last year. The figures