i t r ‘l

i

, session since June‘ 8.

Late f Trading Rally, On_ The hNew York

(By Irfillellok Gardner, Associated Prue financial Writer) (A. P. By Gull-dim‘: Special Wire)

‘NEW YORK. Dec. %Readil)' absorbing year-end tax sellirls. the lt-ock market thrust its way upward in the late‘ trading today with a vigor reminiscent of some of the rallies in ilnal session of other years.

Substantial buying in old-line in- dustrial leaders lifted the market out of the bounds of its recent nar- row range and piled up numerous gains oi’ 1 to 4 points.

The advance gathered headway in the final half-hour of trading arid closing prices were about. the best of the day. It swept the Stan- dard Statistics Co, average for 00 selected stozks up 2.8 DOlIlts to 74.7, the largest rise in averages ~in one

Turnover, was smaller than in the previous session, however. mainly ascribed to a diminution in year- end selling, although hundreds oi

" cash sales on the ticker tape attest-

ed to a continuation of such liqui- dation ror the plirpcse of register- lng profits o“ losses against tax

_ xyments.’ Volume totalled 1.276.-

1 shares compared with 1.641.665

PRODUCE

(Canadian Prose)

MONTREAL. Dec. ‘IS-Butter, egg and cheese prices were higher on the siollironl prl lure and drllry mardto today.

No 1~ butler in cal-lots or less gained l,‘ 0L4 cent m. 2i to 211,. cents a Puilnd- To rolnilers solids ireru 2': eenlo and prints 1521/5 cents to ‘:3 cents I pound. Receipts were ‘l3 boxes.

Top grades of eggs in uirlots or loss moved up n cent at Z12 to 33 cents s dozen for A large. 211 to 27 cents for A medium and 24 to 26 cents for A pullptl. B st 18 to 19 cents and (J

" at 1T_to 11:5 cents s doaen were un-

li. Al-IlYl-ll were 512 cues, make no 1 Ontario cheese

I‘; advanced 1A of s cent n 11v, m 11s,’.

I Brit Amcr Oil », (‘on Paper

4:. .

"' D0411 Eng “Forks”.

-= Took Hug-ho» ; “talker (10011 . .

re pound with current niiikc lin- r at 0% cenis. Receipts irerl l0 ores.

Eofliioel. were uncheggsd st 45 to 41sec _o for» Quoheco. to 50 cents m evv Brunvwicke and 50 to 5'2 cents for Prince Edwlrd Islands, s11 per 80 pound be . '

rigid

MTifURB

“(Johnston and Word) Opened

liockv Ila-l Abiiibi . . Assoc R rclv Bmulurnois . . . Brew Vorp Pfd

(‘an Malt ._ _

mu s“; .

1mm Stores .. Ford of (‘lln A lirmn Slnlicl

Mitchell imp’ . Norsnlln

01d films are boiled down

311d converted into patent leather shoes

New films axe not put to such a

aerzsible use. nonunion or CANADA Province, of rumor: EDWARD rsrnun

In , the Probate Court. . 25th George V, A. D» 1934.

In re Estate of Thomas M. Hughes, late of Charlottetown, in

V‘ Queens County in the said Prov-

ince, stone-mason, deceased tes- tate. _

By the Honourable Harold Leon- nrd Palmer. Surrogates-lodge of Probate, dzc, &c."I‘o: The Sheriff olJ-thc County of Queen's County or any Constable or literate person within said County. .

3 - GREETING:

WHEREAS upon reading the petition on file of Francis MoQuaid of jCharlottetown aforesaid. Roman

‘ Catholic Clergyman. and M. Alban

Farmer of Charlottetown afore- said, BalTlster-at-Law. the Execu- tors of the above named estate. praying that a citation may be is- suedfor the purpose hereinafter set forth: You are therefore here- by required u» cite all persons in- terested-in the said Estate to be and ‘lip ear before me at a Probate Oourt- be held in the Court Basile in Charlottetown in Q0861’! Cofltyi, in ti: Ijld‘ Province, on Fr yl the t en y-flfth day oi Ja arty-next eonilllmgat the hour of} levsrl o'clock forenoon of the s day to showcalils if any they cenwhy the accounts of the said millfiiwhould not be passed and thfifltatc closed as prayed for in laid petition and oer-motion ofiM. Albin" firmer. Esq, Proctor for slid petitioners.

And I do hereby order that a

with

yesterday._ - v ._ Y '_

As Wall Street veterans reca d. year-end rallies div-tho secu t? markets have become something of a tradition. With the dwindling o! year-end liquidation of’ various kinds. demand for shares by. buy- ers hopeful of_a oontlnuntbmq! business recovery next you‘ proved priceaupeasily.

Brokers pointed out the display oi New Year spirit in the broad up- swing of share prices had some tangible backing this year in extra- seasonal gains in steel, motor-l cor and electric pYOdUCHQB, ahdothel.‘ business barometer; - .1a.t.e1y.. . The. market for some time, while year-I end liquidation was underway, had been making little response to bus‘-

iness news. .. _ _ "0719? llrw-f _ American Car jiiillped, 4 ,‘l_-4__fllllqlw{l P "h points to a new 1931; peakratjffl. 1:22;‘ flaps American Sugar advanced s- o", n,‘ _ to 65. Du Pont 2 3-4 11106. Chrysl 50.1.‘: Polk 0\\‘ -...

about 2 points t0 41 3-4 and Bp1_ gel-May-Slern 5 1-4 to‘ a. new top around '15. '_ Advances extending to more than a point were recorded in the‘ Canadian lisi. Issll s climbing n point. or more incl decl Noroiids; Dome Mines and Hiram Walker.

Miscellaneous '

(Qulullsn Preps)

.\l().\"l'liE.\l.. Doc 28—

Wlnslii nor no 8i.

Bnricy C \V no 1i (ii.

Outs l“ 1v no 1i 48,

(lain food no 1 40

Flour spring will-at patents first: 40

Flolll- seconds $5 00. Flour bakers $4 90 Flour winter wheat pntcnls clioicl $4.60 to 84.60. Flour white corn 56.00-85.80. Broil ton 28.2.’). 1 Shorts ion $20 25. . Midlllings ton 16326. Rolled oliitls bug 00 lbs '33 35. llny no ‘.1 per tun carlots $15.00. No 1 Ont 05$. Butter no 1 21 to 21, . Eggs in cartons A l large 41,

Eggs A 1 pulleto 34. Eggs A large 31’. .

Eggs A medium 30. Egg-s A puliets H.

Eggs B medium 23.

Eggs B ‘large 25.

strlplc commodity 'prires (Dec 3|. '11)!!! equals 100; 1021i uvcrngc equals Jill 5i.

'l‘ndily 151 4 prev rlzly 153,8. “Wok ago 151.3 yelir ngu 1134 R. llliii high 1.50.2 103i low 1'2“ 0. (Copyright 193i by Moody's).

Currencies

(Canadian Prrlll)

“DNTREAL. UN). ‘.’&—'l‘he Unitcll Slates dollar rlinlhcd lo liie best. level since the curly prlrt of Juno on .\l(I1ll\'("lll'f0i~"|fl’l1 l-xcharlgos today. The Anioricun llolllir recorded a guiu of 1-32 of one pcrvviit at 1-1 of one discount ‘Filo pound cased 21-32 of a (‘"111 lit $191 “~31! While ihl- French frnllc wns unchanged at 6.51 COIN)‘ .

HEW YORK. Doc ‘IS-The Cahsdluli lloilzlr. ni one hnlf percent premium atom] lil ils lowest lercl in runny illllll-lhfl ill the foreign exchange. mul- kvisl lolizly (‘losing lit llililt rutc, the liolniillnil C\\l'l'(!ll('_\' showed n dcclillr of l-lli from yosicrdlnv ‘]\(lil_\"l\ rrllll (‘llllljidlfllil lvilil 21,5 l\i‘l'i_"nll. premium Dec 1n

Sterling rlv-nllpcli l; sinrlli loss in vloso lml-linngl-d ill 11.111114, willie thr Frlllll-il iriiilr, closing ul (Llll l-ellis showed ll gliill of .0011. uf-a cent.

TEN mindsets» Milena!"

(Canadian Press) LONDON, Dec. 27—I..ondon is to have a big hall as a flower and vegetable market at a cost of $10,- 0000000 at Spitalficlds. It wLll be H1189 times as largo _as Covent Garden and the biggest vegetable market in the world. V ‘

WARMLY DISCUSSING "HELL

(Canadian Preset ‘, _

MELBOURNE. Australia, Dec. 2'! —Newspapers of this "city are carrying columns of advertising on thepros and cons_of the con- troversy arising from the siste- mcnt of a county 111G113 to a boy witness “there is no hell."

‘my rns

New Tillyar tense 1 When next you need glasses. Their worth has been proved.

We fli up in latest. style fol"

frames or mountings. .

E. w. ravioli“;

Charlottetown I J. s. TAYLOn""i-.i Albcrton

orrournln l- it fir‘ ‘ -.,,,_,_ ..

. (irllbnul Pnlgl-

lnll undid . ‘ lnu Tel

" Kelvin: tor

will? iiilillll liliiilillliis

Corrected For Every .'W-o_dnesday and _ ' g Saturday Issue

my 0a t! »,

IIKODUOI

pun r. unnum-

‘nbtflfflflll pk . . . . _, (Tnlery hulll-li .

linens-each...

Duck .. __ . ‘Pnrkoys each Iinllib . .. . Onions No. 1 l0 lb

Onions No 2 10 lbs . 10l- Red Onions l0 lbs . 45c llrolicdii per ‘bunch .,_ . . 10c Summer nqlnlnll each . . . _ .. 5 to inc Spinach 21h . . .. .. Parsley

Carrots 8 lh Parsnips 8 lb Apples doe . Beet! do! Cabbage B te ..

Cranberries qt.‘

Ill!

Dried Codlb

Corned Mackerel e h .. .. 10-15c Smells lb . . . . . . , _. 10c Eels 1h . . . . . . . .. Re Fresh fillets lh . i _ _ 12c

N. Y, Stock Exchange

(Quotations e

and Ward members of the Mont real Stock Exchange, lilontren Curb Market, 156 Richmond Street. Charlottetown).

Stocks Opened Loo! Air Rod ., .. _ Allied (‘hem .. Allis (Jhuiur Ail lief . Amer (Jun . Am Car Found Am For Pow . 4 Am Loco . . Am Pow Light :‘ - Am liad .,, 151/. 1 r. Am Slur-Lt Rig , ' Alli slnlell. Rig . . ' ' . Am Sugar (all, 4-,. ,4 Am Tel Tel 10".", 103s; Am Tob B . g3 All (louver “n; Atcllisnil . 541']; Auburn Auto 331;, Hold Loco 5s; min 0m» 1;“; Burn A "'14 Bell Al-Intlou 1733/ linilii F1001 ., I 31s: Briggs .. n 33:4" 2715-‘ Byers A l! 1,»; 131,}, Burr Arid lisch 1.3 15 ' (Toll Oil ._ r194 N‘), (‘iiil l)r_v (lln Ale 11-1,’. 1. f’. Clln Pm: ' (Tillie Threlll (‘cl (‘oi-p (‘uni Sun ... _ (‘orig Nairn ... (‘hos Uhio .' (‘lilo Norlll .._. "lIMYFIPr Mot . (‘nllllllh (‘llrh . 74-‘, ml Fun] Iron 41,: l‘ ..,, . I n; . s . (“on (inn 911,3‘ (‘on 011 8|; (‘on (‘an 1,; (L11, 425g - l llllec .Alilo Lill- (In I-‘rll-c Pow Light, .154‘ Erie 121%

-\- .,, .. First Ns-ii Store]

Frceporl Tex . (ll-n (inn (il-n Gen Gen . (lolll Dust ,. (loodrich Rub (ioodyeur Rub

ls_._~ l;l_"2\ll3*v¢~|

Grout ‘Vest Sllgllr . gousinn 011 I

lull Ilnr I

i u-~n m4- _ I xx sxfis $

Johns Man

Ken (‘Q9 l.n i.n horl l

w... fl: 3A‘?

9..

15:56 ow Light

sagaseses e- -"» i489‘

_y , . s" " .‘ . T.

.ii.iiiinllf'fit

o” in sales. turnover apwQIn-iatinz

' tive lender _with.neerly'8.I00;ohu.res . "tillnl i4’ ‘v 24 1-4 it touched the highest point

d by Johnston '

(C. P. B Guardian’ W!!!) fli-With the

new peaks for the . ' ties on. the Montreal $11»;- today staged, the but dilnloy since the late fall.

The improved demand was in’ evidence from the opening and the morning trade was resumed ho tex- tiles and i-nterlisted issues. A more general betterment was witnessed in the afternoon with the modority or active issues participating. ‘rho widespread advance found mitoc- tion in the average for Siljtccks which rose 1.3 to 00.9. the bolt level since the early part of October. With the upturn come In inoreaao

18.800 shares. International Nickel woo the w-

changing hands and by

since late October. Niltol closed with a point gain at 24. Consolid- ated Smelters gained 2 1-2 points

EXCHANGE

(Canadian PIQIII) MONTREAL. Dec. 98-Brlii|b and foreign exciinsge in relation l: lbc v llia-~ dnlhr Ill cnnlplled by the l Yank of Canada, closed iodllv us follnrra:— zirgelflna peso .2512. Australia pound 3 0073. ll-"uluul helgo 21;»! ("lillnl lll-ng Kong 11:11am .4204. Denmark krone . 10. lPmncc franc .0651. Germany r-eicbsnlsrk llollnull fiorin .0731. ilidin rupee .3703. Jiipun you .2804 ndo 3.0228.

.4U05.

‘Now Zerllund pou Norway krone .247. South Africa pound 4.0018. Spain pesetn .1003. Sweden krone .2834. Switzerland franc

United States dollar l‘ per cent discount. . . (boom-n run) TOlIONTD, Dec. 28-130 mining

section of the Toronto exciisip gave n display of quiet strength node! iculpcrlllg its modest advance with I spl-iilkllng of recessions. Following a quiet o enimg, bllsinees picked up as prices irlned but there appeared to be considerable profit-taking in the lust llnur. Yolunlo lrns up to 450,006 shares.

Some of the big golds fslled to ap- pear in iiic trading. Pioneer was sol quite actively lit ll loss of 45 con-La to 1015. Brulorne loo: l0 cents whlcl was part of the locenedividend, of! tho stock today.

(Canadian Broil)

TORONTO. Dec 28-

slsl-lln 0101'

Barr-y ll

Hllso lilet .,,

Brnloriie . . . . .. ... 1250 B it x . 1W1 Buff Ank ' liuff Can . 1

(‘n1 Eliiu .

(‘orliirlllll W I‘ (‘onizlgiix

Coninrulu . Eldoradn . . . . .. . l1‘ Bridge . Gods links Goldulo ._ (irnllwllil Urnnullu Grnnlloro . GTPFIII‘

flullnur Hslrrow ..

Lukl-lnnd . l. Shore .. . Luniuquc Lee (livid ... Little l. I4

hirlrsslln lion F/mwt . . .

Wright Tomi ales 404,000.

Jllhego ...

.. ' "L. Lube:-

help of moi issue; cunning m up

Advdlwe w Montreal Stock Exchange

while Brasillan ‘fraction. Canadian

Pacific Railway and Hollinger were snlall amounts.

On possibilities of lnlllauration. of’: common dividend now the We ferred dividend arrears have beer eleanodup. OmadianOelanesccom- men tmchedonewtniiotma- and finished with l. I 1-8 Point 11m at l2 1-1. The preferred was ha] o point higher and Brunt 511k ad vanoed nearly a Point.

mulpuont issues continued w- tlvo but failed to extend recent gain! by l, large amount. Canad- ian Oar preferred touched a new pdlk at 11 1-4 and nubile; up l-r. at 17. Canadian Oar common and Canadian Bronze were fr~ctlona11y higher while National Ieel Oar was unchanged. Steel of Canada advanced nearly a point to u. new high at 45 3-4 with the common half a Point higher. Dominion Coal preferred jumped 2 1-2 points.

Sales totalled 18.811 shares; bonds $8.900- . .

Markets At A Glance

(C Pres!) Toronto. and Montresl-Iadullrls stocks active and higher. ‘ ‘lbronto lliinok-Nsrlrowly higher. New York-Stocks closed higher. Wlnnlve “Uncut up 5Q to '15,. Montrcrl —-Bar sliver higher. New York-Cotton, coffee sugar liiglher; rubber lower,

(Johnston onll Word)

and

sun-k: Olisned Lu Amer Cram B .. 15 15V, Amer Gus Elec 10% 19% Amen Sup Pow .1.

Alias Corp . 0 0%. Cities Serv Co .. 1% 1% Elco Bend Shores ,.. .. 0v, M’, Ford o Con A Z5 28'.‘ Hum Oil Ref . 18% 48: Imp Oil Ltd . .. 10M lll

Inter Pet 30% 30!‘

Niagara Bud 3% '1" Stan 34V; 94'. Sign . 17M 17

U11 Light Pow A . i’! To

Hunter River

And Vicinity A deep sgness invaded the Christmas season caused by the

death of three highly respected citizens namely-Mrs. Donald An-

u drews, who passed away Dec. 23.

Mr. and Mrs. George S. Macbeod late of Iirederictohi ‘but formerly of ‘ Hunter River; The pimingof m". and Mrs. Maclcod is unique by the fact that Mr. MacLeod died Dec. 26, and Mrs. Manhood Dec. N. A dcnible funeral was held from Hunter River United Church Dec. 27th. The sincere sympathy of the community goes out to the bereved relations.

The Annual Concert and (ihrist- rnas tree by the United Church Sunday School was held in the Masonic hall Dec. 20. ‘There was I. very lArgfl,ltbBl'ldB!\¢O and a. good program was rendered. At the con- clusion of the program Santa made his appearance and brought much joy to the children with hi: gifts and treats.

The semi-Annual examination of the Hunter River Pu-blio School was held on Dec. 21st. The pupils during the course of examination by ready and correct answers, showed evi- dence of capable instruction by their teacher, Mr. Gordon Rice. A Christmas tree was provided for the pupils by the teacher and invit- ed Santa Claus who came and helped in passing the treats. A gcodly number of parents and visitors attended.

The usual heavy Christmas mall was handled at the Hunter River

' ' Poet Office. The Post-mum- was

kept busy many hours overtime and the mail couriers delivered heavy loads over the various routes.

Mr. Aliens MacDonald, Account- ant in the Royal Bank. spent

Miss Maud Mocannel of Char- lottetown spent Christmas day-mt Hunter Rivrl- thrgueet of Mk. and Mrs. LW. Ripley.

Tho many friends of Mr. Gerald Proctor who recently underwent an Operation in the Charlottetown Hospital are glad to know that he is making rapid Dfvflfess recovery.

Mr. Stephen Burns, clerk in the

store of 14.5. Qitcliffe, ‘spent

grid-mic at his home in Hench ver.

Mr. Hcadly Qpericsr his been receiving the congratulations of his many friends on his recent mar- riage in Mill Amelie. M011‘!

Murray Harbour. We wish Mr. and ma. Upenocr rnany you! of wedded

e.

The Hunter River rink is now in readiness for a good winter's skating and hockey. It won't be loo: new until we shall be witness- ing some hotly contented matches

o UNLIITII! TBIIVII DIUIUPI‘ ‘ - - ~ I council nuslo iiiitii°~' -~ . -——*-‘ ' i; smile" - omm‘ ‘°‘3‘.£é“'-F..i.’~ boo a III l’ w, t 4 p- ‘ ,' . 1 100% "hurri- fI-As services were starti in

fll the Methodist Church here itwu found thieves bod stolen up mo- tor opd other essential parts of the pips , omn,“rkorninr devotion: one.

lib Ionta biiihi" ‘ ,

“at...

W

Christmas at his home in Mt. Stew- art. ~

Plans You

u

~

Have’ You ..O.arrlod Out; . the, 5 -~ .1 - , .

Made Five (Years .4 go? Very few men have and yet it is generally diffi- cult to account for the procrastination. v Why not take stock now and start really carry- ing out those plans you have neglected T

Tile Empire Life Representative would be glad to respond to your enquiry.

fie

179 Kent Street,

INSURANCE COM HEAD UFUOI: R. H. McNElllLi-Provinclail Superintendent Charlottetown

{life

PANY’

‘Iurw. . IO

Mt ’l. ' Stock Exchange

ii.

tr I I lhol! B! Johnnie. snfillulvxgur-Ilamulsrgr: of tho llonireu stock lixehonlo. Montreal (‘glam-ska

kef, 156 Blehrnonli Street. town.) 5",,“ Opened Loot

Bathur-st A Bell Tel

Brut-k 811k .,, Build Prod ..

(Jan B (kill Can Can Can Can

J01- buielt . -, Jrydeu Paper’ .. _3 born Bridge 2-w- Dom Coal Pfd . "1-11 Dom Glue Con: _ 11°, Dom Steel Coal B w/a I" Dom Tex Con: ~ v Gurds ,.. ... 4% ‘l. (iypsluu . 11% 05.. llolv i-liuith Paper ... 105k runn Bridge . 4% 4: 11011 Gold Mined 1059 lml Nickel *3 5'4 lnu Pow 6 6 lntl Pow Pfd . ..- . "W: lrsko of Woods .... I 13V liiasscy Harris .. .. Iii‘: 5 McCall Front H) Mont Pow .,_ ‘39/1 Natl Brew 5" Nat Bteol Car 13 Power Corp .. 9% Quebec Power 16% g; 14H Pfd ‘y; sw n gen a Sherwin “Hi . 175$ Rollin (‘on Poll" . 1'1 Steel Co (‘an Corn 46V: Stool Co (‘nil Pfd r" will. Cotton . 2 BANKB 201 218 100%