davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
American Investors show High
Regard for Securities.

The very great success OF the SIS 900.
200 Dominion OF Canada 51a per cent
loan, offered last week to the public
by a syndicate headed by ]. p. Morgan
g. Co., Brown Bros. & Co.. Harris
Forbes & Co. and the Bank OF Montreal
suggests the high regard on the part
Of the American investor for Canadian
Government securities.
II Is understood that this loan was
more than so per cent. oversubscribed.
The terms were attractive to the buyer
of the loan, namely $50 per cent To
maturity They are said to have been
most satisfactory also to Sir Thomas
White, tho Canadian Minister Of Fl
nance. who has shown rare skill In his
negotiations with American bankers.
The banking syndicate was greatly
pleased with the reception which the
loan met, and It may be said without
fear of contradiction that very few I'M
dertakings in the last several years have
had better response than this one.
The bonds and notes are now selling
at a premium over the subscription price.
which was 99h for the two year notes
and 81 for the ten year bonds.
With the S75,0O0,0O0 5i2s just sold.
the Dominion OF Canada has placed
$3.50, 900. 900 OF her bonds and notes in
the United States since April Il. 1916.
On that date there was a joint offering
OF s25, 900, 900 each Of five year 81, ten
year IS and fifteen year SIS. On Aug
ust /. 1917. sl0o.000,O00 OF two year
s per cent notes We're sold. 1t is these
notes that are to be taken up on August
! from the proceeds of the sale of the
t75. 000. 900 6hs.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
Field Marshal Haig
Urges Church Unity

w nth the great. war officially
W ended by the signing Of the
w peace treaty Field Marshal
Sir Douglas Haig has addressed a
message to the churches which
should carry special weight In Can
ada. The burden OF this message to
the churches Is that they unite, not
necessarily in a hard and fast or
ganic union, but in policy and in
cooperative effort.
In Canada, however, this message
from the empires foremost soldier
may we'll provide n needed spur to
action on the part of the Methodist.
Presbyterian and Congregational
churches to consummate the organic
union Of these three bodies, which
was decided upon by a vote OF their
members before the war, but the Civ
ing of effect to which was delayed
on account Of the great struggle.
So far as the Western provinces Of
Canada are concerned there Is a
strong feeling that little further time
should be lost in bringing about this
union. To the extent that 1t has
been possible to do so the spirit of
the proposed union has been given
effect in the West during recent
years especially in connection with
the new and smaller mission fields.
Furthermore, during the war there
has been no building operations car
ried on by the churches, and before
steps are taken to construct new
churches in our cities and towns 1t
would appear to be the part of wis
dom TO endeavor to make the union
effective.-Regina (Sdsk.) Leader.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

time of IT, Trading is down to low
figures and there may not be much
change till cooler weather comes. There
has been no increase in labor troubles
in the camps, but the Kirkland Lake
workers are still out II these men
would go to the other producing mines
and I'M up their STATS 1t would do the
country good Heavy rains have put
a check on the forest fires, but 1t Is
not believed that all the danger is past
yet.
OIL stocks cut but q small figure on
the Toronto exchanges, but many
Canadians were in the oil boom in Wall
Street recently. International Petroleum
is the only oil listed on the Toronto
Stock Exchange and It has not been
traded In for some time and at present
Is not even quoted. Imperial Oil had
a big advance to $50 in tho spring, and
a few days ago the shareholders agreed
to reduce the par value OF the shares
from 500 to S25. Since then no sales
have been reported. 1t is not an active
stock locally at any time being held
for investment mainly.
The following Is a summary of the
trading on the Toronto Stock Exchange
for the week. with comparisons:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
Cabinet REORGANIZATION,

cabinet reorganization has been has
tened by Whites retirement. The conn
try, at all events. expects an early shut
ne. and hopes that 1t will he a sub
stantial one. There are Ministers in
places where they do not belong. There
are Ministers between whom It is be-
lieved there is serious conflict of opinion
on vital questions of public policy.
Sir Robert Bordens task is TO retire
half dozen colleagues whose age or in
capacity rendered them unfit for pressing
problems of reconstruction and to give
quebec more adequate representation in
the Ministry. The unfortunate racial
animositIes which grew out of the war
left the Professionalism province prac-
tically without Cabinet representation
for the first time since confederation.
There is clear national disadvantage
in such sItuation--first. because no
government In which the people of
Quebec are not fairly represented can
express Canada. and, second, because in
time of unrest Quebec, traditionally
conservative. Is a balance wheel against
impetuous radicallsm.
The Prime Minister is conscious of oil
this. but racial passions once aroused do
not easily subslde. and the task of bring
ing strong, representative French Ca
nadians into the Cabinet is an extremely
difficult one.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

election, are preparing to be present, and
already upward of eighteen hundred dele
gates, representing every province and
constituency from the Atlantic to the
Pacific have been selected.
Western grain growers whose LIBERAL
ism is closely analogous to Roosevelt
Progressivism have practically decided
to wait until the convention announces
Its platform before taking a decision
but there Is strong feeling that they
Will finally throw In their lot with what
ever plan of campaign IL evolved, pro-
vtded anything approaching a low tariff
policy is made d part of It.
Disturbing Crop Reports.
Crop reports from throughout the
country are discouraging. In Saskatche-
wan, according to all reports, much less
than an average crop of wheat may be
expected. Hail has wiped out many
square miles, and the rains in many
cases were too late to be Of much use.
In the northern portions OF the province
many of the farmers have ploughed
under their wheat and are sowing oats
or corn for feed. In Alberta tho drought
Ia very severe. and appeals are being
made to Ottawa to take steps to prevent
herds of cattle from dying of starvation.
In ontario the situation is not so bad,
although the cereal crop Is not up to tho
average and the hay crop not as gooo
as expected. Farm help Is exceedingly
scarce. and Is expected to be critically
Inadequate for tho harvest.
labor unrest, following the utter COL
lapse of the Winnipeg strike, is grad
ually disappearing, although strikes are
still In progress In many centres. In
OTTAWA citizens have been walking since
I'M enNV. 40
for so cents an hour and arbI-
trarily declining to accept n board of
under the Lemieux act. The
railway company has managed to operate
partial service, and It is believed that
the strike Is broken
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
Tourists Turn to Canada.

MONTREAL, July 1.-THE steady IN
pouring of American and other tourist
traffic continues, last week having seen
a heavy influx by water. rail and road
The automobile traffic Is larger than for
any summer since the war began, and
the railway offices are beseged by tour
lists. The outlook Is for an extremely
season. in which both Que
bee and Toronto will of necessity share.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

Many New York people are inter
ested in the news Just received that
Donald Macleod. until recently a
Captain in the Financial Division OF
the Quartermaster Department at Wash
ngton. d. c., has rejoined the forces
or A. e. Ames & Co. at Toronto. Mr.
Mcleod was formerly in charge of the
New York office. which is now under
the management Of f. d. Chapman, "A
Broadway.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
Dominion Steel Strong.

We have, of course, had the steel
stocks with us. Dominion Steel being
the heaviest trader OF all the industrials
for tho week. with a total OF 4.2s7
shares and an advance of ga points to
TAN. The cause of the recent boom in
this stock came out at the end of the
week in a new arrangement with the
Dominion Government for the continu-
ance OF the construction OF a plate mill
by the company. Steel of Canada was
only fairly active and closed the week
IN down. This brings the two steels
nearly to level and is fact which
gosslps say may have some bearing in
encouraging possible negotiations for a
merger. While the Steel OF Canada quo
tation was several points above Do
minion It was difficult to talk of a share
for share exchange.
Spanish River continued its activity
but with little change In quotation,
More attention was paid to one or two
less known paper stocks, Wayagamack
and Abitibi-that is, more Significance
was attached to their temperance on
the local market. Wayagamack is more
frequently seen at Montreal and is
thought to have big promise as an in
dustrial. A number OF speclaIties came
along with short PUSHES OF interest, and
among these was American Cyananid
This scored a rise OF several points in
one day and closed at As. The company
did big chemical business for exDlo-
slves during the war and Is now trying
to get back to a profitable peace bust
ness. There should be a good call for its
fertilizers. and the recent recovery OF
fertilizer stocks in Wall Street Is thought
to have attracted attention to II.
The mining market has had a dull
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
The Liberal Convention,

Meanwhile elaborate preparations are
being made for the National Liberal
Convention, which opens in ottawa on
July 81. This convention. the FIRST OF its
kind since 1888. has three purposes In
view: % The reconciliation Of OPPOSE
ton Uaurier) and Unionist Liberals /;
(2) the launching of Liberal platform
upon which all Canadian progresslves
can stand. and (3) the selection of a
permanent Liberal leader From present
indications the project promises TO he a
success, For although the Great War
Veterans Association and the Canadian
Council of Agriculture have both de-
clned TO accept invitations 10 attend the
convention, liberal leaders in all the
pr,vinces. Unionist to a man in the last
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

Among the Canadians arriving in thi.
city during the last week were Jacot
A. Jacobs. Montreal; A. Janin, Mon,
| treal; A. Galloway. Montreal: Cant. f
NJ Gladney. Ottawa; Morton Davies
Montreal Mrs r. J. Trimble. Queens
ION, Ont. Capt. \. II. Coates. Montreal
K, 3 Fenwick, Toronto; F. A. Thomp-
sen, Montreal; James ]. Warner. Toron.
to; Mrs. Mary narrower, Hamilton,
Ont. ; DR.. r. T. Noble, Toronto.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
MARKET Is STRONG
DESPITE BAD NEWS
No Great Discouragement Felt
Over Poor Prospects
for Crops.
TEST NEAR FOR "REDS"
Attempt of Radicals to Control
Labor Will Be Made at
Annual Meeting.
TEST NEAR FOR "REDS,

Special Correspondence to the Canadian
Section Of THE Sun.
TORONTO, July 14.--As in New York
1t would not be difficult to find reasons
why the stock market should slow down
but again. as in your case, it just won't.
Reports OF Western crop conditions dur
ing the week have not been favorable.
Manitoba will have a good wheat crop.
BUT prospects darllen south of diagonal
ilne from Winnipeg to Edmonton, and
IN some parts of Alberta there is anxiety
Tor fodder for stock next winter II good
rains do not come soon.
Some rains have fallen IN sections,
but the Western crop will not be nearly
what had been expected. This prospect
mas given business men concern, but 1t
Is not n thing to mean hard times The
countrys agricultural wealth depends on
so many factors and localities that this
alone would not mean disaster or dis
couragement. 1t will be a setback for
certain sections where there are still
pioneers who depends on a good crop for
their start in life.
Another reason to make the stock
market hesitate would be the hot
weather. which has been uncommonly
thoroughgolng for some weeks past.
This usually sends tho brokers to the
highlands of Ontario and Quebec or to
their favorite golf club, but there is no
talk of such a thing. yet. The market has
been strong and active all the week. and
the expectation is that 1t will continue
SO until the clients themselves take to
vacationing in August. Labor condi-
lions are still unsettled. SO far as ordi-
nary strikes are concerned, and the alb
sence of 1000 metal workers, "out" in
Toronto since May /. is causing anxiety.
not only for the strikers themselves, now
surely nearing the end OF their re-
sources. but for the industries affected,
whose output Is badly needed for home
and foreign consumption.
We have had a visit from five members
Of the Winnipeg strike committee. who
are East to raise funds for defence pur-
poses and to carry on a measure of
propaganda: but II is a modified form or
propaganda they are utterlng compared
with the red stun that emanated from
their midst six weeks ago. There is evil
dence that they are not being received
very cordially, for their tour will be so
expensive that little can be left for the
defence fund. In few weeks the Reds
will DO put to a real test in a battle for
control OF the Trades and Labor Congress
of Canada at its approaching annual
meeting. After that We shall have a bet
ter idea OF the future OF capital and labor
in this country.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
Financing of Foreign Trade.

News that your Government Is leav-
irG the financing of foreign trade to
banks and manufacturers attracted some
attention here. where the same idea was
put forth some time ago, and again last
week by Lloyd Harris. chairman of the
Canadian Mission to London. The Gov
eminent has not spoken on the subject,
and no action, so far as known. has been
taken by the banks; but several bankers
in conversation spoke favorably OF the
idea One of them however, pointed out
as a practical difficulty that Canada. In
order TO carry on foreign trade in that
way. badly needed an open discount
bank. and without that would have to
work through New York, which would
be something of humiliation as we'll as
an inconvenience
No action may be expected for some
time at least, as the Cabinet Ministers
are scattering from Ottawa after the
long confinement OF the session. Sir
Thomas White Is laying down the retns
as Minister of Finance, unless he can
be persuaded to remain. and has been
in Toronto his old home town, osten-
sibly seeking new financial connections
with which to earn a more profitable
living from a financial standpoint
with the close of the session comes
news from Winnipeg that there will be
no fixed price for Canadian wheat this
year. The millers probably will be bet
ter pleased, and few farmers will com
plain. The -four mills are slowing down
for the summer and do not expect to
run again at capacity until die new
wheat comes in.
This is a long prelude to a stock mar
ket review. but 1t all has some bearing
on the subject Trading on the Toronto
Exchange last week doubled the figures
of the preceding week, and was marked
by few definite movements. There
was. however, almost a note OF hysteria
stock featured n day. and In heavy trad
ing the price was advanced several
points A case IN point was Maple Leaf
common, which went UP points one
day to the highest figure 1t had ever
reached, 175, and in two days had
reached } points. There did not seem
to be any reason for the big advance,
for the mills were actually slowing down
and business was reaching a point of
dullness. On another day Brazilian was
the favorite and on a start from Mon
treal was in heavy demand from all quar-
tiers. Although most staid stock in
its regular price around 6S for weeks
past, It went up points In the day
and has remained there, Brazilian has
many friends here. where its head office
Is located, and these fans" talk fondly
Of It's great property. much as II the
whole of Brazil were Aibsidlary of
the company. Recent reports have been
favorable on earnings. and the improve
ment OF Rio Exchange has also been In
It's favor.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

William IIogg, treasurer OF the
Canadian Club, is spending n month at
the Indian Lake House. Hamilton coun-
~. New York He reports the fishing
good land an occasional black bear
brought home"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

Lieut--Col John A. Cooper Of the 19sth
overseas Battalion. c. E. F., will visit
New York shortly and will make his
headquarters at the Canadian Club.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

The Round Table" at the Canadian
Club brings together gentlemen from
widely separated points. AT the luncheon
hour few days ago there were seated
about 1t Messrs. Taylor OF Prince Ed
ward Island. Salter of Cape Breton.
Whitman of Halifax, Winslow of Fred
ericton' ~ b.; Turnbull OF st. John. n.
b.; Summer OF Montreal, Iongley of
London, England Fitzpatrick OF Re
gina. Sask, and Cornish of Toronto.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

James F. Douglas. wholesale wooden
merchant, has just returned from sue
cessful business trip abroad.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

Hon. William Henry Figg OF Colombo
Ceylon, visited the Canadian Club on
Saturday.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

+. c. Doble, president OF the Klwan!s
CLUB or this city. will no doubt face
n large gathering at the clubs specIa,
luncheon at the Hotel McAlpin at
o'clock to-day. when IL. ]. Elliott, Esq.
X. c.. president Of the Kiwanis Club In.
ternational, will present the charter affil.
iating the Kiwanis Club of New York
with the International body. Many
well known business men will be pres.
ent President Elliott will be intro.
duced by r.. A. Mansfield Hobbs, and the
Canadian Club will be represented by T.
Chambers Reid.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

DR.. r. Noble of Toronto was observed
at luncheon on Saturday at the Ca
madam Club with c. w. Band.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

IT, r. Wood .of Toronto. of tn,
dominion Securities Co.. was at the
belmont Hotel on Friday last.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

Lieut. Col II. B. Nutting is a frequent
visitor to the Canadian Club,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
Brake on Paper Stocks.

A growing conviction. due to the long
delay In the rendering OF a decision,
that the Paper Tribunal will amend the
controlled price OF newsprint to Cana
dian publishers, probably by knocking
of IS ton has put q brake on the up
ward movement of the paper stocks,
with the exception of those which have
a large output of paper other than news
print The effect OF such a decision,
which would be retroactive to July, 1919,
would not actually be very serious to this
Canadian paper companies. especially as
It Is now admitted that control win
cease with the official termination of the
war. The kraft situation is very strong,
and Wayagamack, the chief kraft pro-
ducer In Canada, showed marked
strength during the week.
One OF the significant features of the
security market In Montreal and To-
ronto is tho rapidly increasing number
of Industrial bond Issues which are be-
ing offered and taken UP with apparent
avidity, This movement has spread
from the pulp and paper industry, which
was the first 10 bid for funds on the
cessation of war. to various other trades,
whose managers figure that conditions
for manufacture In Canada are altered
for the better by the increased cost of
transportation from foreign factories.
the increased cost of production abroad
or other circumstances. A new fabric
tire plant, merger and extension OF
worsted factories In Ontario, a linen
factory. a soft drink merger, two pulp
and lumber propositions and the first
or what promises to be series of loft
building mortgages are among the first
fruits Of this incipient boom. Most of
them are at a fairly high yield and sew
eral carry stock bonuses. and there
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

W. c. Walsh has Just left for Brant-
ford, Ont, to remain about three weeks
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

LOAN. TRUSTS, &C.
$50 Can Permanent. .173 ia III -.
las Colonial Invest. ~ n ~
S Lon & Canadian. 40 :. 80 "a
BONDS.
1900 Can locomotive. IS sS
5000 Dom Gamers. && p5$
1000 Flee Development. 81 ri i
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
N. Y.-Canadian Personals

John w. Reed, a well known Cana
dian club member. left a few DAYS ago.
with his family. for his summer home
on Georgian Bay. Ontario.
DR.. A A. Wren and family ara sum.
mering on one of the lakes of the Gro
ton watershed. between Carmel and
Brewsters. N. Y.
w. II. Taylor. senior member OF the
nrm or w. II. Taylor & Co.. sailed ON
FRIDAY last on the Mauritania for Eng
lana and France. He will be absent
about six weeks.
a. o. Tate and family are summerinp
IN the bungalow colony Just below
Toms River. N. j.
Charles e. Mcguire is on a months
nshlnS trip in northern Ontario.
H. +. Hungerford and family have
taken up their residence for the sum
mer at Arochar, Staten Island.
George A. Powers and family will
leave this week for a months soiourn
on Lake George, n. Y.
J. r. Christie and family have opened
their summer home at Redwood neaT
Alexandria Bay. Mr. Christie will
spend his weekends there.
T. r. Wood .of Toronto. of the
dominion Securities Co.. was at the
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
Canada's Forests

a world demand. anA an estab-
llShed business of over 40 years
standing are back of
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15
UNLISTED.
CANADIAN LOAN A SUCCESS.

Total Substituted shares, %. ssS unlist,
shares, %, Al; war bonds. 81, 667, 200.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-07-15

George A. Powers and family will
ieare this week for a months sojourn
on Lake George, N Y.
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20

POTRZEBA 2 kobiety kucharki jed
ma ma dzieh, jedna ma noe, SIT ma
tydZien, So 8, Halsted vi. ~
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20

POTRZEBA dziewczat przeszlo 16
lat. doSwiadcZenie ME konieczne, -
stala praca, dobra zapiata. Zgiosic
sic gotowe do piracy. New York En-
bordering Co., $50 w. Madison ul.
Pokoi 522. 22
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20

POTRZEBA m}odych me7czyzn Is do
Fl do nauki fachu. Acc ma godzine.
podczas nauki. Awans zsodnie do po-
stepu. The Northwestern Terra
Gotta Co. 1926 Clybourn ave. Il
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20

BARGAIN ma Helenowie, 1888 Tho
mas ul. Sklep i 4 pokojowy brick
elektryka, saz, kapiel i ustep z ma
Ia wplata. Cena $4,000. F. RAM VIA
Sciciel, 2122 Evergreen ave. "a
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20

MEBLE ma ~sprzeda4, china closet,
garnitur do tadalni, jedno i6zko 1
krzes1a do parloru. 1859 Humboldt
boul.
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20

POTRZEBA mocnego mezczyzne ma
weglarski WOE. Stala praca ola odpo-
wiedniego. Zg}osic sic W niedzieie
ca}y dzieh, inne dnie o lei wieczo-
rem. 1852 NJ Leavitt ul., 2gie pie
tro. q
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20

EXTRA bargain, jezeli szukacie gro
serni, to przyjdzcie zobaczyt, a kupi
Gle tanio dobra grose' ME W pol
skiej okolicy, sprzedaje z poWodu Wy
jazdu. SO N. Ashland ave.
Dziennik Chicagoski. [volume] (Chicago [Ill.]) 1890-1971, 1919-10-20
SEARS, ROEBUoK AND co.

DZIEWCZAT DO KUCHENNEJ PIRACY
a godDin tygodnSowo. Ndema piracy W
niedllele. Dobra zapaata.