The Winnipeg Tribune from Winnipeg, Manitoba, Canada • Page 14

Cold Production For September Alj Time Record For Dominion OTTAWA, Nov. 11. The Dominion Bureau of Statistics Tuesday reported Canada's gold production in September set all time monthly record for the second month in succession. The September figure, 330,820 ounces, compared with a figure for August of 328,697 ounces, the previous high mark and a September, 1935, level of 281,533. Valued at the average London price during September of 514.9! rent an ounce th nation's Sep ember production of the yellow metal wai worth $11,575,392.

The average price of $35 an ounce gave the August production a value of $11,504,395. The output for the first nine month! of the year was Riven as J.746,531, an Increase of 15.2 percent over that of the first three quarters of 1935. Ontario led the provinces with an output of 194,060 ounces, more than 5,000 below the August figure. Quebec's production of 61,569 ounces was 167 greater than In August The British Columbia output ahowed an increase In the month of 10.8 percent, 47,100 ounces compared with 42,524. Manitoba and Saskatchewan produced 16.864 ounces compared with an August output of 16.011 while the Yukon's total of 9,703 ounces was 1,295 greater than that of August Nova Scotia operators reported shipments totalling 1.482 ounces, the production, including bullion shipped to the royal Canadian mint and gold content of exported lead concentrates.

Everybody's Business By GEORGE T. HUGHES ICopyHght. )3. by the North American Newspaper AUIsiK Inc. NEW YORK.

Nov. 11 It is quite obvious to any experienced oDserver mat ine move ment in the stock market has entered upon a new stage. The great increase in volume which has attended the advance since election testifies to that. Public participation is growing rapidly. The fact that the proportion of cash buying to margin operations is larger than in any similar bull market to date should not serve to conceal the complementary fact that speculation is now attended with more hazard.

At the same time, as long as there, is no change in the fundamental, there will be no change In the trend, and, as far as this writer can see, the fundamentals are the same. Business is expanding and credit Is abundant. Sharp reactions are to be expected, and they will come without warning. There will be a rapid shifting of activity from one group to another, but the main movement will not have exhausted Itself until it becomes evident that to hold cash is more desirable than to own se curitles. Over the longer period, the In flux of foreign capital to partici pate in our market rise is an element of weakness.

The foreign Interest in this country is esti mated around $7,000,000,000, consisting of about $5,700,000,000 in long term investments and $1,300, 000,000 in short term balances, and anything' which might lead to withdrawal of a considerable part of this sum would put a heavy strain on our price level. But there is nothing in the International situation to cause anv such withdrawal. On the contrary, everything points to a con'inued influx of foreign fund At one time it was thought that the fall of the Continental gold bloc would be the signal for repatriation of foreign capital. That kJear has been proven baseless European currencies are still adrift, and. even If they were stabilized, the political situation is such that America is still the safest refuge for timid money.

CANADIAN COTTONS ASSESSED $383,301 BY TAX DEPARTMENT OTTAWA, Nov. 10 Canadian Cottons, of Montreal, have been tentatively assessed $221,487, with $161,814 in interest, by the Income tax department, as a result of disclosures last week of "inventory reserves" piled up since 1920, reaching the total of J2.17R, 000, a witness Tuesday told the Royal commission probing the textile industry. A. O. Dawson, president of Can adian Cottons, and C.

B. Hrown, auditor, occupied the stand, and under examination by J. C. Mc Ruer, commission counsel, told Justice Turgeon of the company's position relating to this reserve Mr. Dawson insisted thnt at on undistributed profits on time had any effort been made to conceal the presence of this re serve.

U.S. Weighted Wholesale Price Index Declines NEW YORK. Nov. 11 The Asso ciated Press weighted whok salo LON'DON, Nov. It.

The Cham price index of 35 commodities of Shipping of the United King Tuesday declined to 83.JD. rrevious nay, o.i.j wee aKo, bi.ju; monin ago, oi.iu, 77.11. Range of recent years: 1936 19.T High 78.68 74.fl I liil.23 Low 71.31 71.84 61.53 41.44 (1926 average equals 100.1 PACKSACK MINES, LIMITED Owns and is. developing a promising gold mining property oi 452 acre situated in the Rice Lake ares in Manitoba. HEAD OFHCl Winning! MINI OFMCI iitait Msnitobs Around the Mines What is believed to be the continuation of a rich vein intersected in diamond drilling about a monlh ago at Wlnoga Patricia, adjoining Pickle Crow, is reported by H.

1 Edwards, who is In charge of operations. The telegram states that one section similar to the "sweetener" in the previous hole, assayed $149 to the ton. In the wall rock two feet assayed $2.80. The previous drill hole, announced late in September, from 40 to 55 feet included an aggregate of four feet of quartz with two feet of highly mineralized ore. The core showed a two Inch section carrying much free gold.

Values ranging from $52 to $245 a ton have been encountered In raising operations on the seventh level in the downward extension at Darwin Gold Mines, according to the progress report made by Dr. M. H. Frohberg, mine manager. On the eighth level, he reports, some rounds have been taken out of a vein which angled across the Grace shear.

Its mineralization and fine free gold strongly suggests that It represents the downward extension of east west vein No. 2. On the sixth level slashing has been commenced along the south side of the new east west vein. The ore corresponds in grade to the high lvalues found in drifting. Siscoe Gold Mines, In its regular monthly report to the Montreal curb market, shows October production of $200,024, which compares with the record output of $210,316 In September and $194.

852 in October, 1935. Mill heads in October averaged $12.15 per ton as against $13 per ton in the previous month and $16.07 in October last year. During the month just ended 17,118 tons of ore were milled, which compares with 16,678 tons In September and 12,439 tons In October of last year. 'Marquette Long Lac, organized to operate the southerly section of the 25 claims owned by Lafayette Long Lac, has been carrying out an extensive program of diamond drilling. Previously Lafayette completed 21 holes, involving approximately 7,000 feet drilling.

Favorable results were encount ered In two on the west and two on the east. This work has been followed up. Marquette which has just com pleted 2,000 feet of drilling. Test ing out indications obtained by an electrical survey, just recently concluded, has given promising geological structure and some values. As a result directors have authorized an additional diamond drill contract and appointed K.

B. Heisey, geologist and engineer, to act as consultant and to direct the new drill program. Mining Stock Index Up More Than Two Point OTTAWA, Nov .11 The Index for 23 mining stocks was up more than two points for the week ended November 5 at 161.8 against 138.7 the previous week, the Dominion Bureau of Statistics re ported Monday. The index, on the base 1926 equals 100, was 120.7 the corresponding week last year. The Index for 20 gold stocks was 127.2 compared with 125.7 the preceding week and 107.6 the same week in 1935.

The index for three base metal issues was 304.7 against 295.2 the previous week and 174.8 a year ago. $5.50 DIVIDEND IS DECLARED BY CHRYSLER CORP. NEW YORK, Nov. 11 Directors of Chrysler Corporation Tuesday declared a dividend of $5.50 a share on the common stock. A dividend of $4 was paid Sept.

15. This was the biggest dividend on record for the company. The corporation for the first nine months earned $41,975,327, equal to $9.63 a share on the common. This compares with $23, 184.457, or $5.35 in the like period of 1935. Earnings for the first nine months were "after providing for the basis of profits earned and dividends paid during the period." CANADIAN PORTS ARE AFFECTED BY CHARTER RULING rlom announced today it was de cided by the tramp shipping ad mimsirniion committee that a circular concerning time charters dated Nov.

until otherwise de termined will apply to the St Lawrence river, Halifax, Saint John, N.B. and also the northern rimye of United Stales Atlantic pons, Including Albany, N.Y. The chamber described the com municatlon as an Important one and added it mentis no steamship may carry cargo grain on a time charter basis from the ports named to any port governed by the scheme. STEEL SHIPMENTS I NEW YORK, Nov. 11 Unilefl 1 flat os Steel Corporation announced I today shipments of finished steel prpdui ts by subsidiaries in October i totalled 1,007,417 tons, an inrrease 1 of 45,614 from, the September figure, and largest October I nl lnp 1929.

Revenue of Canadian Railway Show Increase MONTREAL, If Increase of $268,701 was shown Tuesday in Canadian National Railways groi revenues of $.1,917,926 for week ended Nov. 7, compared with $3, 649,225 for the corresponding week of 1935. Increase of $166,000 was shown in Canadian Pacific Company traffic earnings of $3,023,000 for week ended Nov. 7, compared with $2,857,000 for the corresponding week of 1935. productToFof RADIO RECEIVING SETS INCREASES OTTAWA, Nov.

11 Production of radio receiving sets during th three months ended June 30 totalled 40,954, with a factory value of $1,485,914, an increase of 66 percent in volume and 50 percent in value over the same period in 1935, the Dominion Bureau of Statistics reported Tuesday. Factory sales by producers at list prices in the three months amounted to 32,303 sets valued at $2,574,499. Of the total sales, Ontario took 15,072 sets, Quebec 6.080. British Columbia 2,953, Manitoba 2.889. Alberta 2.585, the Maritime Provinces 1,531, and Saskatchewan 1,193.

WHEAT IN STORE 120,000,000 BUS. LESS THAN 1935 OTTAWA, Nov. 11. Canadian wheat in store for the week ended Nov. 6 showed a decrease of more than 4,500.000 bushels from the previous week, and a drop of over 120,000,000 compared with the corresponding week last year, the Dominion Bureau of Statistics reported Tuesday.

Wheat in store for the week ended Nov. 6 totalled 148,957,583 bushels against a revised figure of 153,508,840 the preceding week and 269,166,296 the same week in 1935. Canadian wheat in the United States amounted to 22,579,157 bushels compared with 22.282,462 the previous week and 31,891,400 a year ago. Export clearances of Canadian wheat totalled 6,039,476 bushels for the week ended Nov. 6, compared with 6,009,158 the previous week and 5,229,873 the corresponding week last year.

Total overseas clearances were 5,080,476 bushels compared with 2,877,873 a year before and im ports of Canadian wheat by the United States for consumption and milling in bond were 959,000 com pared with 2,352,000. For the period Aug. 1 Nov. 6 total export clearances were 72, 650,860 bushels compared, with 52, 906,407 for the corresponding period last year. Overseas clear' ances during the period were 245.984 bushels compared with 36,013,974 and imports by the Unit ed States 19,404,876 compared with 16,892,433.

CANADIAN EMPLOYES TO SHARE IN GENERAL MOTORS DISBURSEMENT OSHAWA. Nov. 11 General Motors' year end disbursement of $10,000,000 to employea will Include personnel of the company's Canadian organization, President R. 8. McLaughlin said Tuesday.

The company employs about 6,000 workers in Canada. These will share about $250,000, according to an unofficial estimate. The tive cenls nn hour wage increase announced by the United Suites organization does not extend to the Canadian oompany. Weekly Statement of Bank of Netherlands AMSTERDAM, Nov. 11 Weekly statement of the Bank of Netherlands (In thousands of guilders): Nov.

9 Nov. 2 Gold 569.894 Foreign exchange 2,244 Discounts 22,486 569,894 2.244 22,555 288,128 805,654 Advances 289,293 Circulation 783,558 Ratio of reserve to gold holdings 72.8 70.7 TEL. AND TEL. NET SEPTEMBER INCOME TOTALS $1,656,818 NEW YORK, Nov. 11.

American Telephone and Telegraph Company loaay reported net operating Income for September of $1,656,818, compared with 51.430,009 In the same month of 1935. DIVIDENDS NEW YORK, Nov. 11 Directors of Allegheny Steel company Tuesday declared a dividend of 50 cents a common share. Three months ago the company paid 25 cents quarterly and 15 cents extra. NEW YORK, Nov.

11. Directors of New York Air Brake Company today declared a dividend of $1.50 on the common stock, payable Dec. 15 to stock of record Dec. 1. International Petroleum Co.

Ltd. 75 cents plus 50 cents, payable Dec. 1 to shareholders of record Nov. 30. NEW YORK, Nov.

11 Kunsas City Son) hern Railway Company Tuesday announced a dividend of $1 on the preferred stock, payable Dec. 3 to stock of record Nov. 21, marking the first distribution since April, 1933, when so cents was disbursed. WILL PAY BONUS PERU, 111., Nov. 11 Officials of the Western Clock company an nounced Tuesday the company would pay it equivalent to two weeks to Its more ihnn 3000 Det 1.

Bonus pHyment will total approximately 1U.AJ. a I I THE WINNIPEG EVENING TRIBUNE, WINNIPEG, WEDNESDAY, NOVEMBER 11, 36 (Vol. XLVII, No. 2717 The CuMotATtvt Index or Business in Canada i fOO Cocrctiort boon Prosperity Levi ttO Monthly Changes 48 a i i i 3 i ii ir inn in THE tMK Of NOMA SCOTIA 1929 I93Q sgs i Health of Roosevelt Still Perfect, Despite Big Duties and Innumerable Worries Inherent Energy and Buoyancy Compensate for Paralytic Affliction One Secret is That When He Sleeps He Casts Off AH Burdens iy THEODORE A. HUNTLEY I By UiMd Wh a to TIM WASHINGTON, Nov.

11. When and achievements of franklin marvel at the man's physical stamina, For President Roosevelt approaches his second "term In 'perfect health, and with what seems to be a compensatory strength and buoyancy acpruing from his paralytic affliction. Where some of his predecessors 1 worried themselves into breakdowns. President Roosevelt has thrived on the presidential diet. His eyes are clear, his mind quick, his handclasp firm, his spirits high, his appetite regular, his sleep sound and his weight stationary.

Htsrt Is Sound His ringside weight stripped is 188. The final week of the took him down about four pounds. In the eyes of, his physicians, this was all to the good. They would like to keep, him at 185. For a man of his age, height and bone structure, they regard this as close to the ideal.

His heart action, is better than that of many younger men, his arteries are youthful, and his respiratory, nerve and system functions in a manner which, after "three long years" 'of perplexity and strain, still enables him to out think, out talk and outwork his. associates. In his entire tenure in the While House he has only been under the weather three or four days. Then he had slight head colds which, because of tendency to sinus trouble, caused his U. S.

Industrial Expansion Results in Rich Christmas Melons For Holders of Stock TEW. YORK, Nov. 11 Chrysler Corporation announced Tuesday a dividend of $5.50 a share on Its common stock, adding 323,729, loO to. the mounting stream of year end payments to shareholders mum American inausuy. i ue jja.i.r.ii was acceuiea in linancial circles as indication the directors aimed to pay out most or all of the companys' 1936 earnings to avoid the federal surtax upon undistributed earnings.

It brought total dividends for the year to $12 a share, the highest In the corporation history. Earnings in the first nine months totalled $41,973,327, equal to $9.63 share, compared with $23,184,457, or $5.35 a share in the like period last year. Special Payment The Christmas melon harvest, the richest Wall Street has seen In several years, growing out of robust Industrial expansion, also was augmented by news from Pittsburgh of a 100 percent stock dividend and 50 cent cash special payment by Gulf Oil Corp. Madrid Defenders Rest Briefly 'if k.n V. Hrw.t Ofl fi nm lit.

vnnpin.n. knlll tU.t Madrid defenders In the foreground trv to rest In shallow hastily dug trench during a lull In the fight with rebels Their comrades remain on the Hlert to avoid by the in i yMMA.rjLlf;gmmtt?"a""m" Terms of One Average Monthly Change "TT .1 i iiJrrTTitt n.nn...i i i i 1 1933 1934 1935 I936 Tribune! historians come to write of the life "Roosevelt, they will of necessity doctors to order him to remain in his room. And even then he worked. How Does He Do ItT How does he do it? There teem to be several explanations: 1. His state of mind.

Nothing "gets him down." He becomes irritated, but is never habitually Irritable. No one has ever seen him "gloom." When bedtime comes, he casts off the cares of the day as a duck sheds water. 2. A regimen by which work and play are Interspersed. His fish ing trips in southern waters, his cruises on the Potomac In the Sequoia, the White House movies and jaunts to Hyde Park keep him from getting too deeply into a work rut.

3. Physical training and care, with swimming and massage as the method by which he keeps in good trim muscularly. His even ings ar rule are There are few outsiders in far dinner. IX there are evening conferences, those invited are asked to come after dinner. They do their talking over cigarettes and cigars.

Columbian Carbon Company or dered a speciat dividend of $1.25 for shareholders and a bonus of $50 each for workers, numbering about Tne payment is due some 30,000 shareholders on Dec. 14 for names on record Nov. 20. About the same time it plans to distribute a bonus of $4,000,000 to workers. The $5.50 dividend turned the thought of many to th bear market, when Chrysler stock sold at $5 share.

Soon after the announcement, wire brought reports Chrysler had sold at $138 a share on the San Francisco exehange, where trading was still In progress after the New York Stock exchange closed. The New York close was slightly under $136. The 1928 bull market peak waa $140.75. Sales in the nine months ended with September totalled 768,503 units compared with 599,415 in the same 1935 months. They were valued at $479,819,688 against $366,711,178.

I ta jr being surprised in a sudden sortie no too evo 2 I 3 Essentially, life can be as simple In the White House as elsewhere, tor a man of many responsibilities. President Roosevelt has made it so. But there i something over and above this: Franklin Roosevelt likes people. He enjoys meeting and talking with others. This attitude meets a quick response In those whom he meets.

They find themselves "at home" with him. He doesn't have to unbend. He is always unbent. His easy informality makes it possible for him to hold numerous conferences in the course of a day with less strain than most men feel under similar circumstances. At least three times a week he gets into the White House pool for 15 or 20 minute workout.

He doesn't Just splash' He 1 icon. 1S8. tor it NariH AamK AllIlM li)C I 'IT COUNCIL SETS POLICY RAISED BY STUDENT STRIKE Giving its executive permission to grant contract to firms after they ascertained a fair and reasonable wage was being paid all employes, the University of Manitoba Students' Union council disposed Monday night, of th question alsed several week ago by group of students who walked out of the Manifoban office because they felt the council was sponsoring a company that was not paying a decent wage to its, workers. Spokesman for the group, Murray Smith, told the council he thought the university should stand for some ideals In the community and support firm tending to raise the standards of living rather than lower them. He re Iterated that he was not advocating that th council Identify Itself with the unions in any way, but insisting the City Fair Wage scale' be paid only while the employes were engaged on the Manltoban was merely a salve to the council's conscience.

'Ronald Turner, presenting the report on the Investigation demand ed by the strikers In their petition, told the council th committee conducting the enquiry had been perfectly satisfied that all the charge laid were without foundation. pointed out that member of the labor department had said that Dahl's compared favorably with the other printing shops in the city. It was suggested the council pass a resolution allowing the executive to let contracts to firms who, they were satisfied, paid a reasonable wage in the executive's estimation. The resolution was carried. KENORA INDIAN BAND HOPES TO VISIT TORONTO What Is probably the only juvenile Indian band on the continent may come to Winnipeg this winter, It present hopes and plans materialize.

It is the Cecelia Jeffrey Indian Schoo. band of Kenora, and is made up of 38 Indian boys and girls from thnt district. Chief ambition of the band at present is to appear at the Canadian National Exhibition next year in Toronto. Many who have heard It state the band would be a decided credit to that exhibition, and regret the fact that these native Canadians have not been taken to Toronto previously instead of units from outside the Dominion. A visit to Winnipeg may prove a preliminary to the Eastern trip.

The musical ability of this band may be Judged by a comment of Sir Hugh Robertson, Glasgow music critic who toured Canada in 1934. Hearing the band piny, he asserted it was 98 percent perfect, and referred to It as "the real find" of his tour. Others have stated the bund's worthiness to appear in Toronto. Hon. Earl Rowe heard the players in his recent trip through Northwestern Ontario, and expressed surprise that they had pot been heard of more widely.

He told the members it was his hope they would be seen at the C.N.E. next yeBr. The band travelled to Port Arthur during that city's semi centennial celebration In 1935 and won over the entlr population. At present the young players are outfitted in uniforms formerly used by the Port Arthur Collegians, but It Is hoped that a fund might he start to enabl them to appear in native Indian costume. K.

W. Byers, principal of the Cecelia Jeffrey school, Is manager of the hand, and George Smith, M.M., Is hamlmasler. Nine year old Bandsman Erhum Is the youngest member, and the oldest is I rummer Kraser Kceslk, brother of. Chief David oungest Kcesik, u.u.m., a 'War. veteran of the Great Mining, a Crowing Industry In Manitoba, Gives Chances To Sucker Seeking Rackets MINING Ik rapidly replacing agriculture as Manitoba's greatest wealth producer, S.

Booth, local barrister and secretary of the Employ era association, told luncheon meeting of the Credit Granters' association In, the Hudson's Bay store recently. Its benefit in absorbing economic shock of the depression had been incalculable. Metallic wealth produced in? seven years in Manitoba amounted to $93,000,000 and mining interest naa spent jwb.wu.wu in the area in the same period of time. This total was Increasing yearly. By 1940 it might well be $30,000, 000 and double that within 20 years.

In 1936 the mining industry will have spent $24,000,000 on capital and current account in th Manitoba area. It would produce $16,000,000 worth of metals. Mr. Booth was citing estimates, prepared by George Laycock, secretary of the Manitoba Chamber of Mines. Mining was becoming a great Industry in Manitoba.

As it had made Toronto a city of 800,000 souls, more than doubling its population In 25 years, so It would do lor Winnipeg. Rackets Tak $90,000,000 Rackets and racketeers had been attracted to the mining industry by the lure of quick returns from capitalizing on the well known love of money. Last year these gentry had fleeced Manitoba citizens of $3,000,000 In mining rackets and $5,000,000 In all types of racketeering enough to maintain the Community Chest in comparative affluence for ten years. This $5,000,000 was part of the $90,000,000 of Which Canadian citizens were being fleeced annually by caterers to the get rlch qulck urge of Mr. Sucker.

Of the grand total $50,000,000 went Into tne pockets) of mining promotion racketeers. Mr. Booth cited the ease of a retired Saskatchewan farmer for whom a fellow lawyer was trying to retrieve some of the $17,500, his life's savings, he had "invested" in a mail order mining proposition. He and his wife faced an 'old age of poverty as a result Ther was no chance of forcing any restitution. "That did not happen In 1929 or 1928 but in 1936," Mr.

Bboth com mented. "The mlnlne sucker list is being worked harder today than ever before. It behooves all of us to be on our guard and to meet the threat with pitiless publicity so that the unwary may be put on guard." Typical, Example These racketeers could not get their advertising In local newspapers, which sought to protect their readers In this manner, so they adopted an Intensive mail order stock sales program which Mr. Booth illustrated in detail. One day a letter from Toronto appeared in his mall.

He found inside a communication, from a benevolent gentleman, who shall be Mr. who wrote that he was a mining "Investment broker. "If you are interested in mining Investments," the letter read, "just sign enclosed prepaid postcard. We will then place you on our mailing list for our weekly Mining News. Ther Is no obligation in any way." Mr.

Booth signed the card he always does. In due course, mall from Mr. office began to flow regularly Into his office. First came a brochure setting out the profits made by "ground floor" Investors in outstanding mining ventures. made from 500 to 50,000 percent profit, article stated, the claim was true.

A Sucker' Dream Next came1' th Mining News, which was a house organ type of tipster sheet In a couple of weeks the build up became apparent. Mr. president of I the company, was sleuthing on the track of something really good this time "more about it In our next Issue." The next Issue had more "teaser" stuff to whet the get rlch qulck hopes of all suckers within casting distance. The thing looked better than ever so good that Mr. In person, would visit the property and report on It to his friends.

For ten days there was "build up" material. Then came the sales blurb. Mr. was back from his visit in person to the property, which was in the ABC field. It was better than the wildest dreams could hope for a veritable mountain of gold.

Mr. Sucker and all his friends should pawn their shirts, scrape together every dollar they could and buy, buy, buy Gold Mountain now while ground floor prices prevailed. For the moment the price was 25 cents a share. On a conservative estimate It could not be less than $25 within half al many months. Mr.

Booth did not rise to the bait. He got another letter, extolling the Mountain property. Telephone Bills High One day Long Distance came In on his phone. Mr. of Tor onto.Vwas calling one moment, please.

'Mr. X. came on, and In hearty tones Initiated some banalities about the weather and business at $1.25 a minute. Then he mentioned Gold Mountain, gently suggesting that Mr. Booth would hardly in fairness to himself, less than a $1,000 Investment.

No? Then $800, $500, $250, and finally, in disillusioned grumpiness, $100, No, again. Then for your own sake, Mr. Booth take 100 shares at 29 cents, the present price. Again, No. and Mr.

X. hung up, having, apparently, spent $7.50 on the call. Mr. Booth has reason to believe that the leprous bucket shop of these mfnlng racketeers had a I branch house In Winnipeg and that the Long Distance girl naa really been calling from a battery of telephone grinders in a local office;" He explained that these mining racketeers in Toronto and Montreal often hnd. telephone bills 'of $3,000.

So there must be money In it. Mr. Booth was never able to prove conclusively that the Mr. organization was operating from a Winnipeg office, but many other persons were approached to buy Gold Mountain, and that some of them 'paid good cash for a 9 by 10 lnch ahse of embossed paper. peculate With Car Th money they gav to these racketeer I part of the 190.

000,000 a year that raclnst. slot machine, plnball and other racketeering shysters take from their victims In Canada. It la estimated that in 1935 th Shysters In the mining gam took $50, 000,000 from th Canadian pub lice, and that, all too often, not one dollar of the money "invest ed got beyond th racketeerf bank accounts. Booth had som advice for mining speculators, those who prefer a shot at a mine instead of a horse race, "with th chance of winning about even." says they should speculate, If speculate they must, with only what they can afford to lose, kissing it good bye with a smile and holding no grudge against th mining industry, which was always hazardous. And they should speoulatc only with persons of proven honesty, on th clear assurance that, If they lose their money, everyone elBe, Including the promoters, lose also.

He should Insist on these assurances in writing so that racketeering Is planned, someone may be sent to jail. The newspapers, he said, were co operating in the suppression of all rackets. Including those In mining stocks. But most of the fleecings were a result of buildups made through hlgh naessur mall order sales campaigns, about which, in most cases, th news pa and authorities knew nothing until the geese had been most thoroughly phicked. Another old racket is 'often present when advertises for a partner, replies to the advertisement.

Each puts a cheque for $1,000 Into the partnership. Each has chequing rights. X's cheque is no good, but, he draws $1,000 out of the partnership and disappears. could hav saved his money had he telephoned Better Business Bureau before depositing his cash. He would, at least, have been warned to safeguard the "either or both" loophole when Instructing th bank on the.

payment of cheques. A hospital in Montreal unknow? Ingly had such racketeers operating. Twelve hundred persons attended a ball ther at $l'ach. Probably more' tickets were sold to people who didn't attend. The hospital received just $100.

Mr. Booth attacked racketeering by irresponsible war veterans on behalf of fty by nlght veterans' associations, In many cases prominent men lent their names as patrons to these rackets, In all innocence. He had analyzed one such racket, the letterhead of which named seven veterans as officers. Three were not even listed In the city directory, two were listed, but with occupations not given. "These rackets are he said, "almost solely for th benefit of their promoters their families.

If you want to help war veterans, there arc established associations which can help you do so, with an assurance that th money is going where it will do good." SETTLEMENT NOT YET REACHED IN ALT A. COAL STRIKE CADOMIN, Nov. 11. Strike of about 450 employes of the Cadomin Coal Company mine here reached the sixteenth day today without any sign of a settlement. Miners at the town about 165 miles west of Edmonton walked out October 26 protesting allocation of work among employe was unfair, the men said work should be shared equally among employes while company officials maintained experienced crew had to be kept on new, low levels.

i General meeting of miners was scheduled for this afternoon when a workers' committee will make recommendations to J. C. Jones, provincial government representa tive. Armittice Service To Be Held at Knox Church To assist In a worthy observation of Armistice Day, In co operation with the Canadian Legion and the Retail Merchants association, Knox church is holding a special service at 8 p.m. today.

Rev. James W. Clarke, M.G. will hold an Imaginary conversation with the "Unknown Soldier," and the choir under the direction of W. Davidson Thomson will sing Let Us Now Praise Famous Men, by Vaughan and Their Memorial Is From Everlasting, by Tschalkowsky.

Miss Gertrude Newton and Miss May Lavfson will sing O. Lovely Peace. IN THE MATTER of the EUtt of Kthltn MrtiiT)f, of tha Otjr of Wlnnlpmi, la th Provinoi of iianuobn, derffnMd. All claim tiwliurt the abov Otati duly verllltd by statutory arclanulnn nui1 l.t arnt to tha undaralicnad at 400 Soma Bkx k. Winnipeg, on or bafora Uia da? of Dactmbtr, A.D.

134. NORMAN J. D'ARCT, Solicitor for Barnard Criarlaa Borlvanar and Kobart David MaoLaao, ICxeuulor: PROVINCt OF MANITOBA Notice of Tenders Tandara wttl ba raralved by tha unor. aliened up to 12 o'oiook noon Thuradar, Novembar mh, 1838. at Room SIS.

Lu latlva Building, for tha foUowtn work: (a) rvmat root ton' of rut off ohannal an dam In Aaalnlbotna RJvar nrr Uia Villa of BU Franco! Xarlar; (b) Uoadln. eruahlns, aeraanln and atovkplllng approximately lo.fllio cubic yards of gravel in Sacttoa II 3.VJ0 W. Municipality at Dauphin. Plana, tender forma and apaclflcatlona may ba obtained from Room sis, I eeiult l.wa Building, or at Uia office of tha Oootf Roada IMrtrlrt Knvlneer at Dauphin. Krh tender mtuit ba accompanied by marked cheque made payable to Tha Provincial Treasurer, or a bid bond in the amount eet forth In tha Under forma.

Tha lowest or any tender neceuearllr accepted. W. n. CU'RH. i Mlnliter of Pintle Worka.

Winnipeg. November 10th, WIS. 4.