The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-11-04
CANADIAN FINANCIAL AND
COMMERCIAL NOTES.

An analysis of the industrial expansion
! proceeding In Canada at the present time
! indicates that development, while fairly
general, centres pretty largely in three or
tiou stands the automobile industry. with
! its many ram1cations. Then comes the
pulp and paper Industry. In which very
| important progress is being made. The
/ textile industry and the confectionery In
dustry are both coming in for attention in
/ the way of increased capacity, while there
/ are important developments to be noted in
| the musical Instrument Industry, partieu-
larly that section OF i devoted 10 me n.
| In some cases plants are being enlarged to
provide double and treble their former ca
| Canadian manufacturers have confidence
| both in the stability and expansion OF
/ business.-Bongard. Ryerson Co., To-
| ronto.
II will pay to save money now; What
will be the value of the gold dollar IN
or fifteen years? We are confident that
| in nve years. and still more in fifteen
purchasing all Sorts Of commodities than
it is to-day. We are to-day at the apex
of immense upward movement in
prices; the evidences Of very slow but
steady downward reimbursement are al,
ready visible. The. amount OF sell denial
terms OF things surrendered than it has
ever been before. man who saved *lOo
twenty five years ago and bought bond
say, twenty pairs of boots but the prin,
cipal returned to him to-day would
to face with the reverse process! the man
| who denies himself ten pairs OF boots To-
day will receive in fifteen years sum
which will quite probably buy twenty pairs.
The man who puts his wealth into com,
modties Of almost any kind today VIII VIII
| see them go down In value; the man who
1 puts his wealth into long term bonds VIII
| lind his principal largely increased IN pur
| chasing power by the time the POND ma
! II al
| treal.
A distinct revival in the volume Of new
! building in the summer months reflects
! changing views on the permanency OF high
| prices, as well the compelling necessi
lies of situation created by the r aeier nel
| struction trades. after marking time In the
| winter and early spring when business was
| "a prices. are now definitely among the
| plus" industres-the industries reporting
steady increase In eite. in cans
ada during the month OF August totaiied
sIl,Ois,sll. an increase Of sS;;s1S'ssUa s,s or
1915 For the first eight months OF the
! year the total Is Si2,s53.1tI, an increase @.
Si4l76, $50, or 40 per cent.-Greenshie!ds
AZ Co, Montreal.
1t is difficult TO find sound reasons for
the general belief that prices nave
during the next few months there will be
a gradual decline. Inquiry reveals the
tact that In all parts OF Canada the de
any time since a scarcity was caused by
the pressure to obtain war supplies 10
evidence of an Increased volume of pro-
duction For lack OF labor. part OF me
machinery of many industries for remains smsuss
of the various offices of the Employment
Service of Canada which were able to
Mi only rs per cent. of the vacancies re-
a
Of 3l6.1s7 working days resulted through
strikes Under these eircumstanees II
labor, plant and management that so
large a volume of exports has been main,
tanned; To the demands 81, trSm tab a nrcs.
Canadian producers obtain Tor their goSus;
and while these demands for our chief
that any substantial recession in prices
is imminent. That consumers will clamor
for lower prices is quite natural. put the
remedy lies in the greater production OF
goods for the satisfaction of public needs.
Price fixing and the artificial restriction
than to enhance production, with the in
evItable result that prices will be forced
to higher Professionalism Bank of Com
merce. Toronto.
A useful booklet explaining and illus
trating the new income tax law has been
Montreal A comprehensive table is in
cluded showing at glance the real posi-
ton Of any taxpayer ir, under the law S the
the Average Man"
]. F. Paige. general manager of the
Port Arthur Shipbuildihg Company. has
resigned to take charge of the Halifax
shipyards
H. Spence Thomas one OF Wales larg-
est coal and iron operators. is in Canada.
He is at present looking over Industrial
possibilities in Alberta.
George w Taylor, assistant Deputy Min
lister OF Inland Revenue, Ottawa. has been
ppointed assistant commissioner Of GUS
toms. to succeed X. X. tarrow, who was
recently named commissioner of customs.
]. L. Englehart. chairman OF the Tenn
Iskaming and Northern Ontario Railway,
has resigned owing to i'll health. He has
held the position for fourteen years,
c. E. w. Dodwell, NJ Inst. NJ. e. I. C..
has lately been publishing some special
articles In the Halifax On 81 Morning
Ghr9niSle on Wea d th on S SHs
now been issued in an attractive pam
phlet
Joseph Anderson has been appointed
Eastern inspector OF the Union Bank Of
comes TO Toronto Immediately from
Winnipeg, where he was in the head office
Canada's FIRST built -oceangoing cement
"
y. S., within the next thirty days. She is
the steamship Permanencia, being built by
w. n, Mcdonald of sydney. When
from sydney to ST. Johns. N. F.. after
which she will load cargo OF fish for Ma
Piles. Italy
RAYMOND Allan has been appointed sec
rotary to the firm OF Greenshields & Co.,
Montreal: T. s. MoGovern as manager ami
Lieut.. Col. II. H. Wallis, NJ. O.. as assistant
manager. Lieut., Col. Wallis has been con-
nected with Greenshields & 90. since 1910
as manager OF the Arms London, England,
office
Saskatchewan has again won the worlds
prize and sweepstakes for the best spring
coveted honor this year at the Interna-
tional Soil Products Exposition at Kansas
CITY, Mo. in the past seven years Sas-
katehewan has won this trophy every year
ming the worlds prize and sweepstakes Ave
times and Paul Gerlach OF Allen once.
One OF the largest real estate deals In city
property OF an Industrial nature which has
been put through IN the last hve years In
Regina, sask., has Just been completed
Over 500, 900 is involved and the transfer
OF 200 lots from J. NJ, Young as a result is
being made to the American Corporation
OF New York city. This concern was or
ganized by p. III, Turnbull OF London. Eng
Organ OF New York, the latter being vice |
president OF The corporation.
Development OF the livestock industry OF
economic lines since the adoption OF the
policy OF range control, administration
ana improvement in cooperation with those
'ntereated In the industry. Under the ad-
mlnistretioh of Grazing Commissioner
special branch OF the Department OF
Lands is conducting the work. The prov