The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-09-30

Meredith, X. c., OF Meredith. Holden.
Hague shaughnessy. was elected TO
seat on the board.
The Tavani Electric steeI Company of
Believille. Ontario. Is planning to estab-
lish a $4,000 900 steel and iron foundry
In Winnipeg condition that 1t be given
a low power rate.
The rich pulp areas OF northern Quebec
mand. This is especially true OF that
area along the Ontario and Quebec boun-
dairy beginning with Lake Temiskaming
and extending into the wilds of the far
north. Options have been secured on sew
eral pieces OF property for the erection of
large pulp and paper plants. While the
silver and gold interests are marking time
owing to the miners strike, the pulp in
dustry is going ahead. The plant OF the
Kipawa Fibre Company will be in opera
tion, IL is expected, before Christmas and
will be turning out about hundred tons
of bleached sulphite day. while large
extensions are being made to the Abitib
Power and Paper Company, which will
nearly double the output OF newsprint
power at the head Of Lake Temiskaming
Is under construction, and the plans call
for 100 900 horsepower. Another new
project is the Harvesting OF the outlet Of
Kipawa Lake.
Savings deposits in the Canadian char
tablished a new high record in the history
OF Canadian banking, the aggregate
amounting to 81, Jog, 632,931, an increase Of
over f21,00O,ooO compared with the month
of Jely. and gain Of sls1,oa1, oe6 com
pared with August 1918.
The plant of ]. Ford Co., Portneuf,
ago by Ru-ber-oid Felt Manufacturing
Company. Ltd, which manufacture roof
ing carpet and building felts, is very busy
at present having large number OF orders
on hand.
dian &c consumer Il canadian raw materials,
against the high prices sometimes forced
on the home market by the bidding OF
adopted by the Canadian Government. An
embargo recently placed, however. on the
export Of hides. whatever It's effect on hide
had at least the effect OF cheapenins raw
materials for Canadian boot and shoe
the Canadian side OF the line fell rapidly
| during the hrst few hours after the an
| nounoement Of the embargo. The Ottawa
| officials have shown great reluctance to
interfere In any way with the natural laws
| OF trade and commerce. They have. how
ever, given evidence OF lively sense OF
what PROFITS the nation as a whole-rather
| than any one class-in several recent en-
ACKNOWLEDGEMENTS Bank of Canada.
Montreal
Clarence Hllsmith OF Boston. managing
director OF the Mattagaml Pulp and Paper
Company Smooth Rock Falls Ont, states
|
completed and that new drying machine
| will be installed In the near future when
the digester will be put in operation. The
company IS turning out about ninety tons
day Of unbleached sulphite and making
| heavy shipments. G, w. Saunders. for
morly of tho Toronto office. is now the
treasurer of the company Several new
water mains have been laid at Smooth
Rock Falls in order to increase the FIRE
protection of the companys plants.
| The Bank OF Montreal announces the
appointment OF Dudley Oliver as Rssocl.
ate manager Of the ottawa branches OF
| the bank
G. s. Henley, manager of the Edmon-
ton branch OF the Bank OF Montreal
president OF the Edmonton Board of Trade
and prominent in city affairs has beer
appointed TO the foreign office of the
Bank of Montreal and will take up resi-
dence shortly in that city. Mr.. Henley
is succeeded in Edmonton by f. S. Ridley
inspector OF tho western division of the
bank, with headquarters in Winnipeg.