Today's Stocks (Puuiycnjr 8 D. Johnston Co. I Vancouver , , . Bsyvtew, jboVt Alexandria, XI H- : ' ' ' B. C. NUkei. .41. Bbj Missouri, 37. Bradtan, 1.91. Bratorne, 8.10. B. R. Coos, j96. B. R. X, .16. Cariboo Qvarta, 1.26. Dentenia, .70. DunweH, .life. Ootconda, .21. Glacier Creek, .06. Orange. .13. Indian. .Olfc. Mlnto. .16. Meridian, .144-National Silver. 44. Noble Five. M. Pend OreUle. .46. ' Porter Idaho, .09 Premier. 1.63. Queanel Quartz, .IS. Reward. .04 Mh Reno. 1.40. Silver Crest. .01. Salmon GoW. .13. Taylor Bridge, 20. Wayside, .16V. Whitewater, JB8. United Empire, .01. Toronto Central Patricia, 1,41. Chlbougamau, .2314. Lcc GokL .04 K. Granada, 30. Inter. Nickel, 25.00. Macassa, 2.18. Noranda. 35.75. Sherrllt Oordon, .57. Slscoe. 2.91. Ventures, .90. Lake Maron, M. Tcck Hughes, 4.15. Sudbury Basin, 125. Columarlo, .10. Smelter Gold, .11. Can. Malartlc, .GO, Little Long Lac, 5.66. Astoria Rouyn. -04V4-Stadaconn, .21. Maple Leaf, .07V. ; Pickle Crow, 2.78. McKeniic Red Lnke. 1.20. God's Lake, 1.28. Man. & Eastern, .038. BIRTH NOTICE A son was born to Mr. and Mrs. E. Olsen. nee Amelia Gurvlch, at the Prince Rupert General Hospl - tal, Thursday, April 4. Today's Weather Tomorrow's Tides High 2:42 zm. 22JS ft prince Rupert Part cloudy, teriy wind; barometer. 30.05; ten), 15:23 pjij. 19.6 ft. Low 9:21 ajn. 1.7 ft. perature, 48; tea smooth. 21:23 pjn. 6.4 ft. NORTHERN AND CENTRAL BRITISH COLUMBIA'S NEWSPAPER XlV No. 80. 3 PRINCE RUPERT, B.C., FRIDAY. APRIL 5, 1935 PRIC: FIVE CENTS FARUfiMENT TO DISSOLVE IN AUGUST FIFTY MILLION HOUSING SCHEME FOR CANADA CONSIDERED Proposal of Deputy Finance Minister is Put Before Committee Cabinet Has (Jivcn Plan Tcnativc Consideration But No Decision is Reached May be Embodied In Government's Reform Program ' OTOWA, April 5: (CP) A $50,000,000 housing pro-j'ram for Canada wan presented to the committee of Parliament on housing today by Deputy Minister of Finance W. C. Clark. IUh scheme has received tentative consideration from the cabinet but no decision has been reached as yet. Private funds would form a major portion of the financing of the housing construction with some financial aid from the government. The scheme may possibly be embodied in the government's reform program. B. C. BOWL a... FOR CANCLK FUND In 193J cancer took a toll of !0M8 Canadian live many ' imei more than all traffic deaths and almost as many as were sacrificed In orwy one year of the Orcat War. The King has given his name tj a Cancer Research Fund to be raised in commemoration of his EiJver Jubilee. With Premier Pat-'uilo personally endorsing the ampatgn. British Columbia is presenting HU Majesty a silver ThundefBIrd bowl shown in the picture) which is to be filled with nugget, gifts of people of this province. The nuggets are then to be sold and the proceeds devoted to cancer research in Canuda. Subscriptions big or little, may be sent to the Prince Rupert News Silver Jubilee Cancer Fund. Today's Weather Trrraco Cloudy, calm, 24. Anyox Part cloudy, calm, 32. Stewart Cloudy, calm, 27. Hazclton Cloudy, calm, 12. Smlthers-Cloudy. calm, cold. Burns Lake Cloudy, calm, zero. 4 rmsT Canadian SILVF.lt DOLLAR MINTF.D THURSDAY . OTTAWA, April 5: CP Canada's first silver dollar was minted yesterday by Hon. Ed- gar N. Rhodes, minister of fln- once. ind preserved for trans- mission to King George whose silver Jubilee It commemor- tes. The first Issue will be 100,000 pieces which will be In the hands of the banks by May 1 for distribution to the pub- 11c. w Bessboroughs tk ffTjgggBgggP11 "ABEljiM The announcement that John Buchaa is to become .Canada s new governor-general finds the. . present vice-regal party making a .farewell Unir of the Dominion. Here are shown Lord and " "ldy -Be&sborough.' Lady Moira Ponsonby righ?v and Mark Baring, nephew of the governor-1 general, on the steps of the Alberta parliament buildings in Edmonton after an official visit. The Bessboroughs will tour Ca nada from ocean to ocean bef or departing for home in England. Visitor From San Francisco Has Vision of Great Things For Prince Rupert, So He Tells Rotary Club "What vou imagine, that declared E. A. Thompson of tion to the people of Prince Rupert in their efforts to establish industries and develop the port. He visioned the two large valleys leading back to the interior; the deep water harbor that could accommodate the whole British ' ' . I Kff Anr T"I P T VI I IK h rllrl ATI V2.CJLJ J. JImTAJL a m s-v w vrrt ' port was 430 miles nearer that mar Th rp rl I A I llHI'ket than any other on the con tin Twenty Local Vessels Had Cleared , Up to Today Only One Has Union Crew Taking out every halibut boat owner in port with the exception of Capt. George FriU, president of the Canadian Halibut Vessel Owners' Association, who is remaining in port to represent the boat owners In the dispute with the fishermen on the question of sharing of hail-but liver proceeds, twenty vessels of the local halibut fleet had clear-1 cd for the deep sea fisheries up to noon today. All boats of the regular ' fleet were manned with boat owners with the exception of the J. R.,, Capt J. R. Reld. which shipped his trcgular union crew, the skipper agrccing that the boat should not share in the liver proceeds. j The boats clearlns up to noon to- prfnee Rupert, Is due at the nor-3 day, In addition to those named thern port on April 10. local agents J yesterday, were: Takla, Capt. Chris announce. Parkvold; Ingrld II , Capt. Charles Llndqulst; Gulvik. Capt. c! Bygd-j ( lies; Southend. Capt. J. Eilertsen; J. R Capt J. R. Reld; North For-lahd, Capt. R. Shrubsall; Cape Spencer, Capt. Richard Glske; Relief, Capt. Merrill Sollows; Gony, Capt. Ole Anderson; Cape Race II, , Capt. R. B. Morgan; Brothers, Capt. 'J. Ojerstad. On Farewell Tour you can do if you only will," San Francisco as an inspira fcNavy and more; the port's nearness to the Orient with the largest for- eign population In the world, a purchasing population, and this I ent. The resources of the port were I overwhelming and he saw a great future for it. This was what he had discovered as a visitor and he passed the impressions on inciden tally yesterday to the citizens through the Rotary Club at its lun cheon in the Commodore Cafe. Grain Ship Due Here Next Week Jersey City Coming Wednesday To Load Full Cargo For United Kingdom or Continent VANCOUVER, Aoril 5: (CP The British stcamsr Jersey City, uncjer charter to the Empire Shln- ping co. to load a full wheat cargo tot the United Kingdom from Vancouver Wheal VANCOUVER, April 5: (CP) Wheat was quoted at 84c on the local exchange Wednesday, Jumping to 85 He yesterday and falling back to 84Bc today. of Dominion LOG SCALE I MOVING UP Improvement in March Production Brings 1935 to Date Ahead Of Last Year Timber scaling in Prince Rupert forestry' district for the month of March this year totalled 1,116.613 board feet as compared with 193,186 loard feet in the same month last 1 year. The scale for the year to date stands at a total of 5,069,834 board l feet in comparison with 4,955.590 1 board feet in' the first quarter of 1934. The log scale this March per species was as follows: ' 1 BJ". Fir 35,489 Cedar. .' .w 49,884 Spruce 623.319 1 Hemlock ' 306,800 1 Balsam 53,001 j Jackplne .... 1 Miscellaneous 2,140 j 1 Total -.1,116,613 - .Forest Products A total of 81,568 lineal feet of piles and piling all cedar was ! scaled in the interior this March as compared with 20,365 lineal feet in the same month a year ago. The count of hewn Ues this March was 30,2802,102 hemlock and 28,178 jackplne as against 10,631 In March 1934. Eighteen cords of wood , . r n.s ...1 u4 (hi. nVlMt, n n inc i ttuiuvu Ltna maiLu in win wrlson with 87 last year. Small Shipment j Of Halibut From Alaska in OOUth SEATTLE, April 5 CP A ship- ment of neariv 1500 pounds of, halibut brought south by the liner Yukon was received here yesterday by a fish distribute? firm from Alaska points. It was believed to represent the production of some small group which had not Joined in the strike. No Hint of Election Dale is Given Out in Ottawa Announcement House to Adjourn From Easter Until May 20 to Permit Premier Bennett to Attend King's Jubilee Celebration in London OTTAWA, April 5: (CP) The present Parliament will be automatically dissolved on August 18, Hon. Hugh Guthrie, minister of justice, informed the House of Commons today. No hint was- given of the election date. The House will adjourn at Easter until May 20 to permit Premier R. B. Bennett to attend the Silver Jubilee of the King's accession at London. The Prime Minister, it is reported, is continuing to make satisfactory progress towards recovery following his recent illness. GOING INTO OLD PALS B00M NOW DISAGREE Stork Broker From San Francisco Tells Rotary Club About Inflation and. Deflation I -We are going into a business,. boom that wiil knock the hat off Mayor James Simpson of Toronto " 1929," declared E. A. Thompson, a and Mayor G. G. McGeer of Van-San Francisco stock broker, when comer, friends of twenty years' addressing the Rotary Club at Its weekly luncheon yesterday after-moon. Mr. Thompson is here with F. L. Buckley of Vancouver, looking over the local situation from a busi ness point of view. He gave, the members of the club a very Interesting address on inflation and deflation in which he showed how his firm had calculated very closely the peak of the last rise and the bottom of the depression. Since the bottom there had been a very decided upward movement. They had a staff of statisticians who, by set- ting off one set of circumstances against another, were able to pre- aici marset trends ana acvise tneir four thousand clients. The speaker admitted that there was no such thing as absolute safety in investments. Everything that is done has an effect on the market. The purchase of a sack of sugar ;here has an effect on the sugar market in the West Indies. In that case the effect was Infinitesimal but It was there. Speaking of the recent depres-45,980 sion, Mr. Thompson said the slump was inevitable, following out certain natural laws and all the king's horses and all the king's men could not stop it. He mentioned the ef- forts of President Hoover to stem the drop In the price of wheat and yet the pouring In cf five hundred million dollars by the President caused only a slight pause in the steady downward trend. The rule was that, as tne price of stocks dropped, the price of commodities also moved downwards but bonds stiffened The measure of the value of hi?h grade stocks was that they were worth ten times the average-earnings of the last ten years. Just now they were selling at about seven times but they had been a great deal lower. This then was the natural time to buy high grade stocks. , .... BAR SILVER NEW YORK. April 5: (CP) Bar sliver closed at 614c per ounce on the local metal market Wednesday, advancing to 61!ic yesterday and to 6Pic today. Condition of Toronto's Finances Subject of Debate Between McGeer and Simpson - TORONTOApril 5r-,(CP) standing, are in disagreement. Mr. McGeer declared: "I want to tell my friend, Jimmy Simpson, that, vvtien you increase your mill rate, you are going backward. People who say Toronto's finances are in a sound position are fooling: themselves." Mr. Simpson countered with the statement: "My friend Gerry doesn't know anything about Toronto's finances, tn the light of this, 1 think his remarks come with bad grace." Are Looking Into Possibility Of Hemlock Export J. U. Yenaka, Vancouver timber exporter, who is on a trip north for the purposa of looking into the possibility of instituting export shipments of hemlock logs from here to the Orient, is back in the city after a brief trip to Juneau, I having arrived on the Princess INorah yesterday afternoon from the Alaska Capital. He is accompanied on this occasion by his as- sociates, T. Yamada and Y. Otsuka of Toklo. They are leaving for Ter-,race on this evening's train to in-(spect timber and will return here tomorrow night enroute south. COUGHLIN, LONG AND JOHNSON IN RACE FOR DICTATORSHIP 4 NEW YORK, April 5: v Father Charles E. Coughlln and Senator Huey Long were described by the Methodist Federation for 8ocial Service here as being in a race with t General Hugh S. Johnson to lead a Fascist molt in the United States. I;