JULY 9, 1935

TA TIONS

THE CHARLOTTETOWN GUARDIAN

Mt’l. smk Exchange

15" """°" "mar-mat. "*.:.."::.::

S 3:» Market. 150 Richmond Street nharleileloilll- It'd“ .

Opened Last Bell Tel . . . . . . . . . . .. 1271/, 127 Bras '1‘ L Pow ,.. . 8 3 C Pow 22 Bruck Silk ... 101/; Can Brouse . 30 30 Can Car com ... . .. 7 7% Can Car pfd ... ... .. 114% 13% c"; “$94 28% an 11g sn C 52 43% 3% 7. 100 6 i) 7% 158 "9 20% Doln ' 131i Dom Steel Coal B . 4% 4% Doln Tex Cnm 67 67 Gen Steel Wares . 3% Gurds -. - 5 Hell Gold liilnr-s .. 1410 liluasey Harris .. 3H; lntl Nickcl .. 205', McCall Fl-ont . 12 Mont Pow .. .. 30% Natl Brow . . 85 Power Corp ,.. 8% Quebec Pow 14% St Law Corp 100 Bhawinigsn 15% South Csu pow 11 11 Steel Co Can co 40 40% Steel Co Can pfd 4o 4o BANKS Commerce ,... 14d 145 hlontrcal . . 188 182% Nova Scotia . Royal . ,151 150 Bank of Canadn .. 61

..__.__.-_--- .~ (Canadian Press)‘

MONTREAL, July 8—Advances in cheese and ‘butter prices was the Italn feature You the Montreal dairy sad produce markets today- E88! were barely steady while 00'1"" were slightly easier.

The butter market was seven"! I114 to 20% cents per pound for- car- lota or less with lots to retailers he- ing quoted at 21 cents for solids and 22 cents for prints. Receipts totalled 856 bolt!-

Erlces on the chose market were 10V; to 111,4 cents for uo 1 current Ontarios and 10%, cents for no l Qua- becs. Arrivals totalled 002 boxes.

Graded shipments in. carlots or less of eggs were 2i to 211,5 cents

for A largo. 20 to ‘Jill/y cents for A- mediuln. 101/; to 10% cants for B. and 11v, to m. cw" f" ¢~ 3*-

eel t were 0'15 cases.

lyotlltocs were easier at S125 P" m-pcund hag of New Quebec and 45 to 50 rents for old liisrltuue stock,

pen 80 pound bail.

GO PLACE

You HAVE NEVE seen across. ~

CANADIAN NATIONAL

about. . . you can vlsir easll this year with Canadian Nat ousl

ow summer fares. Before planning your vacation, inves- llklte these travel bargains. LOW WEEK-END FARES Going Friday Noon to 2.00 P-lll- Sunday; returnin leave ‘Wlllllinn up to Mon y mid- "llhr. On ssls‘ all year.

30 DAY FARB§ to

wlnnlfil Ind other points in M ' b d “flirts: g8. Ssslratrlsevga ,

4s pa? salts; to

w If Csnalls( llSe . , no Tscelrgc Coast (all Ne: ll)??- wf2§"€.'.‘."“‘(€>s'-F““‘i" - u: s

illvrins Csn-(C) Coscgss. '

y amsxrausa GRBA LAKES aUlS§S June I§4Itpf¢ l0" ’ on ‘ ' ' dais: d 7 '1! ' . . "c.1.%'§$’.2'..i%‘,¥ g‘ w. s. moans i a

om ma» arm s llssktlllwtlsiau as.

furnished by Johnston

IV. Y. Stock Exclzgnge

(Quotations furnished by Iohsstss and Ward. llausbara of Ientreol Stocks Exchange, Ionireal Curb llsrket, m lieluuond Street, Char- lottetowrs.)

Air Red . . . . . . . .. 145% 147 Am For Pow pltl . ,. "0 M22 Allied Chem 150 Allia Chaim ... . 24% Amer Can . 0 141% Ail R . M ‘MK Am Car Found . . 177i 181A Am For Pow _ 9g Am Loco

Barn A Ban Aviation . . Both Steel Briggs ... Byers A ll 17 Burr Add .\ll1f‘li 17 Bllrl- Add Mach . 17% 17% Con Oil 21 21% Can Dry G 10% (‘an Pac 07g Cnse Tilrcsh 501/1 (‘cl Corp . 277a Com Sou . 1% Cong Nairn 357s (‘hes Ohio 44 Chic North 1% Chrysler iilot 51 57 Columb Carl: 01 02% Cnlum Gas Elec . . . . .. 7% 7% Com Sol . 10% 20% Con Gas 20% Con Oil Con Con Corn Prod Del Hud E I Dupon East Kodak . . 0% Eiec Auto Lilo 23% 24K Elec Pow Light 3% 8% Eris ,.. .. 8 77s First Natl Stor 54% 541A Freeport Te: 26% 26 Gen Asphalt 18% 18% Gan Elcc . 20 26% Gan Foods 87 87% (ion Mot . . 83% 341;‘ Gold Dust . . ..., 17 17 iloodr-ich Rub .. 8 8% Goodyear Rub . ... 18% 10% Graham Paige ..... ‘l 1% Great North pfd ,.. .. 21. 2i Great West Slur .. 29* 20% Hud Mot . . . . .. .. ‘V; 8% t1 Hal‘ 48% Intl Nickel 20% lntl Tel 0% Johns Man 55 Kelvinator . 14 Kan Copper 1R 18% Lambert Co .. 25% Llg Myers B 114% Liquid Curb 81% Loews lncorp .. 48% McKeesport Tiu 114% 115% lllark Truck 10% 10% Math Alkali 310k 32 ‘ lliss Kan 21% 23% Miss Par . -1 1 Mont Wurd . . BK 20 ' Nash lilui 14 Nail Bis ...., 5i 20% Natl Dniry Prod _.. 18% 10% Natl Pow Light ..., 0% 0% New Huron .. 37g 4 New York Ccn 11 111,4 North Amer . 18% 18% North Puc . . 10% 197g Pack Mot 4% 4 Penn Rail _ 22% 2'4 Pub Ser N 38% U54 Phil Pct. .. 21% 21% Pullman Co 40 40% Phil Morris 51 521,4, Radio (‘orp . . . 6% 0% Radio Kcitll Orph 25$ 2 Rep iron Sit-oi .. 141,5 14% Safeway Stun-s ., 30 50 Sears Roebuck 45 47 Shell liniun Oil 1 10% Sim Co 9|,‘ 0% Socouy Vac 18 South l-‘ac 17% South Rail . . . . .. 0% Stand Brands‘ , 151,5 Stnnd Oil (‘ullf 84% Stand Oll N J 4S Stewart Warner 12% Studebaker 2% Thcrmoid 4i‘ Texas Co 20 Tex Gulf Sui 34% 'l‘im Roll Ben 84% Union (‘urhlde C 05 Union Pnc . 100% United Air 14% ‘United Corp 4 44$ United ilua lmp .. 15% 15% U S ld Al . . . . . .. 68% G4 U S Rubber 12 15% U S Smelt . . . 100% 108 U S Steel . . 1A 55K Van Stool .. ..... 14% 15 Warner llros Co ... .. 4% 4% Warren lives . . 47g West Union 389i West Bloc . .... 57 50% Woolworth (‘o ..., 01% 02 Worth Pump ... .. 17 17 Tcilow Truck . 2% 2% 1V’ ' I nece laneoua

(Canadian Press) MONTREAL. July 8-

Bnrlcy. (I W no ll 44

Oats, C W no 2 53.

Oats, t! W uo 3 40.

Oats. feed no 1 46.

Flour, spring wheat patents, firsts .,°

id-iour seconds $4 80. Flour bakers $4.70. , Flour winter wheat patents, choice

$3 40 to $4, ‘.

Flour white corn I550 to l5 00. Shorts ton 24 fli to 25.25. liliddllngs ton 21.25 to ‘Al . Hay no 2 per ton csrlots 12.50, Rolled oats hag 00 lbs $ . . , Cheese no 1 cur Ont 10% to 115g. No 1 Quebec 10$‘.

Butter no 1. 2014 to 20%- Eggs in cartons A l large 82. Eggs A 1 medium 20. Eggs A large M. Eggs A medium 24. SKI! 3 1'3. . Eggs C 2i.

Potatoes Quebec no N. B M's 45 t0 M. P E l 80's 45 to 50.

N's 01 I.

Currencies

—-1_.

csasdlan Press) new 150mb’. my e-smusg scored a smart advance la the fors- g ‘ “an” markets today, eloe lg s: 04.01 for a gain or 1 cents. ' he '4 -' 52' 1'.¥..r.'.:,"~.... . ...

IBM! I ll tad

franc

EilTildllll dollar lsconnt ‘rom mountain». ‘an, a .- e I

%'L.";‘.1?.'..S‘ mrfiaiaza ‘of feast to 4.01 4d wane " llama arms dollar one A-ss :9“ pep ant to 00 -' l-I. The

fraud bald Ielsl _

"""'\\'hrur,"r|or“no-FEW; --- -- -- -~~- -- -»--

. Closing exchange

‘$31.? 1&3‘. . " Ila

MARKE_'7_'_ GOSSIP

(By Johnston and Ward's and,“ Wire)

‘DINING MARKET LETTIE

saw YORK, N. Y., July amps, '

market opened‘ fractionally high" Saturday. in spots was fairly active. Further gains, however, were not made sud activity died down. Such strength as there was during the day was largely on the leaders n“; have been strong for so/ma time. 'l‘he rally Friday aftar about; g week of dullness was encouraging, and Saturday's market suggested a firm undertone still existed. Tho Dow Jonas industrial average closed at g new high Saturday, but the rails lagged. If the latter roup can now come forward. techn cal indications will favor a fair sized further ad-

vsuce. Laidlaw and Com pauy. SUMMARY

NEW YORK, N. Y., July 8—Gold bars 140s d vs 141s on Saturday.

llagallne “Steel" says s rebound to at least 85 percent is expected in atacl works operations this week vs 3i per cent last week.

Youngstown district steel ations begin week at 41 per cent up 10 points above last week's aver-

open-

BIB. California crude oil output in week

ended July 0 lllily. "P 29.900 over previous week.

Treasury offering $500.000,000 1% Percent four year treasury notes. Proceeds will g0 largely to psyihg for works admin- istration projects now getting under

way.

lut'l Nitrate Conference at Am- sterdam resched accord in principle between European producers. An early agreement with Chile is hoped for. Conference at the Hague ends.

Losdlngs of revenue freight in week ended June 20 totalled 018.030 cars, increase 50,180 over previous week. M367 below like i034 week and 23.004 undel- corresponding week in 1083. according to Ass'n of Am- erican Railroads.

averaged 548,000 bbls

and five mouths

High Low Last Up 50 Ind . 121.15 120.48 1.21.472 .41 20 Util . 23.01 22.57 2.81 .08

LIVES TOCK

(Caslsdisn Press),

MONTREAL, July S-Offerlngs on tho two Montreal livestock markets

today totalled 4,804 head.

Cattle receipts 077; steers sold around $0 T). A few ear- ly sales of good steers were at 8.50 with three or foun loads of tops be- ing held for more money. Medium steers were from 85.25

medium. good

to $0 and

common steers mostly from $4 to $5. Good cows sold for $4.25 to $4.50.

Cows of madlllm

quality $3 to $4

and common butchers from $2,225 to

Iii. Canners and cutters 81-50 to $2.25 mostly 01.75 to $2. Quotations: Steele up Y lbs., good and choice, $0.25 to $6.16. medium $5.25 to to $5: steers over 1,050 lbs., Ind choice. 86.25 to $0.75; $5.25 to $6; common $8 to $5; ers, good and choice $5.00 to medium $4.25 to $5.25; common $2.- 25 to $4; cows, good 84.25 to $4.50;

were from to 1 0...‘.

$0; common, $3.50 good medium, heif-

modium $3 to $4: common $2.50 to

8g; cannors and cutters $1.50 to Calf recipts 1,412 head. a large

percentage of the calves offers-d were

the calves were mostly common to just medium quality. Grasscrs sold $3.26. Drinkers and cnm- mon 111941111111 quality veals from $4.50 to $5. Fleshy csivea weighing around 175 pounds, sold for $5.20 to $5.75 and s few good veals for $5.

‘of grass quality and the balance of

Quotations: Good and choice veal,

$5- to S“; common

$3150 t0 $.20; grassers $3 to $3 25

steady at $8 for those of good quai- 55900 ‘Baillie 1.055. Lambs were

ity and $6 for culls. Sheep

and medium,

WBIE

from 71,50 to $2.50. The bulk of tho

sales being at $2 to $2 50.

Quotations: Fllves 81.50 to 82 50; llmbl. good $8; common, $0. Hog receipts 1,000. Hogs were 75 caut-

per cvvt. lower, soiling at $0.50 for

bacons, fad and watered. heavier, and lights were cut 50 cents per cwt. and extra hcavios cwt. Selcts drew $1 per bog premium, The hulk of the sows were weighed

Butchers, $1 par

at 86,50. Thin rough kinds sold for

$0 2i and tnim $7.

EXCHANGE

{Canadlsn Press;

MONTREAL. July 8-Brltiah foreign _sxcbauga in relation to the Canadian dollar as compiled by the lloyal Bonk of Canada. closed today as foiiown- ’

Argentina polio .2052, Anstrslirfimnnu 3.0711'-."--~ ~- Bulgarla lev 0135.

China llong Kong .5700, Denmark krone

dollars

Csochoslnvakla crown‘ A1420. France franc .0004. Germany rcichslunrk .4058.

Great liultalu pound 4.0740.‘ Greece drachrun .0096. Holland fioria A5165. Bunrarv range 2078.

lndis rupoe .8761.

Italy lira

.apau yen .208.

Ns Zcslsnd pound 4.0157. iorway krone .502,

South Africa pound 4.952, lpain psaeta .1871. dvndsn krone .2567. Iwitseriasld from

.8825. United states dollar 3-3.’! per cant

premium.

NEW YORK, July 8—Foreigu Q!- chan irregular. Great Britain high 4V7 z low 4.00: close 4.01: d0 day bills 4.05%: France 5.65%; Its 8.20%; Belgium 16.00; German 40.- 40: Canada 00 20-32.

Rants

M Montreal-Pooh rare 0.54 cents; U, l.

‘At. New York-Pound 4W: casts; Canadian dollar

seesaw-realm use-n: u. s. dgiarfildml fr; Canadian dollar

I'll gold-Pound Ila, 1d: U. l. dollar U.l4 cents; Canadian dollar W-ll costs.

' Tn ma; dollar l. 00

franc

n Alarketa At A Glance

young sows up to

and

40 Bonds 07.27 .00 Hills Inw Inst Off 20 Bails 02.72 82.41 82.48 .14 Dow Jones. IAIING LETTIB laturdsy Aftsrnoon NlilW YORK, N’. 1., July b-Ths

industrial avers es, which were high at 121M last ondly got back to 121.10 today and many stocks made new highs for the year. Some for several years and I think the advance should go on an average of 2 t points further, when profits should be taken. This may happen Monday or it may taken two or three days. After that we shall get s fairly good setback, possibly 10 or 12 points in the industrial averages to be follow- cd by a still bigger advance later this summer and fall. You will have then another bl buying opportunity

0 o:

M T’L. CURB

(Johnston sud Word)

ltoeks Opened Last . Assoc Brew .. . 12 12% Beauharuois ' 3% 3 llrcw Corp Com 8% 8’ Brit smel- on . 15‘); 151/, Champ Oll pfd 7 7 Con Paper. 80 S0 Dis Seag 10$ Ford of Can 27 Green Stabell 23 Home Oil . 50 lmp Oil ,. . 20 lmp Tob . 13% Intl Pet 30% Mitchell Rob . .... 8% 3% Nolunda ... .. ... 8600 Tack Hughes ... .. 418 Walker Brew . 800 azo Wright HI!‘ , 7S5 .785

opsis or telegraphic reports received

Montreal from its branches. The, branch managers have complete and

such as you ha in March.

New high prices were made in Cllllllelt Loowl. Johns Msnville, lut'l Hamster, Western Union and a

00. when it But to 71 late in May l said soil half and when it got back to 00 I said buy that half back. Now it is 72%. Take profits on half ar- ound 73 and the other half ncnr 75. Loews, which you were told, to buy at 25 and 33 made a new high at 43- %. Hold half for near 45, then sell

out. '

Westlnghouse—se" out half around 58 and the other half’ if it goes near 50. Also sell remaining half of Am- erican Can on sny sharp bulge.

Col. Pictures got up to 791A. I was told weeks ago it would go near 80. but 1 wanted to play safe and told you sell out above 74 and as stated before, your profits should have been enormous that you can afford to let amo one also make the remain- ing few points. 1 think you will get latcxbauco to buy it back below d5 a e

Another dead onecsme. to life to- day, United American Bosch clos- ins at 10%. Some day you will see it near 25.

Case ought to run up 4 or 5 points and sell American Tel, and Tel, if it goes to about 181.

Baring.

‘ MINING

(Canadian Press) TORONTO, July B—

Stocks

Acme Oil _

Baknluzlc Bear . Bmliiio . Bil: Miss Bohjo B ll X Buff .\uk Bunk liili (‘ull Mill (‘ustlc '1‘ . (fr-u Put . (Yhcnl lit‘! .- Chllmug (Joninrulu D hlincs .. Elrlorzldn ,. I1‘ Bridge

l4‘ Bridge Gods Luke . (loiduli-

Homestead , Howcy .1 lil (‘ops .. Kirk llud L Simri- Lee tluld .. Llltlc l. Ia .

Psylnnatcr Pet (‘oil Pcrron w. .. Pick (‘to ..

Perrnn . Pick Cro Piont-r-r Proluien Pros Air Quenlnnt. Read Auth lted Lake . PM. Oil .

Texas 15 'l‘owagmnc . ... ... ... . 14 Traadwcli . 30 Ventures .. 821,5 Waysldn 10%, White Eng 2|,‘ Wlltsey C .1 Wright H

Sliver _~.. Total sales 2 0n UNLISTED

The Eastern uardlss

______.__..__

Jfifi autumn ta reserved for, aswa of looal interest on advertis- bariu- stritily

U - rles-lsro. plentiful and other small

situation and are 1n close touch with

number of others. Some of them, crop conditions in all section; of the were new highs for this year and digtflgtg menflpned, . 501E148, to; slriv-eral your: m“ p ego sy c use . Take

profits on further good bulge. Gwen‘

Wilson pfd recommended around ‘

Rainfall over the Prairie Prov- inces has been less general during the past week, and the lack of moisture is causing some anxiety in southwestern Saskatchewan and southern Alberta. Otherwise crop conditions, generally. are favour- able. Higher temperatures have promoted more rapid growth and in Manitoba about 40 per oent of the wheat is in shot blade. Grass- hoppers are fairly numerous in some districts. but there has been no serious damage from any source

have been improved by the warm

on the whole are in good condit- ion. In Ontario crops continue to

ent. prospects are (or heavy yields. In the Maritime Provinces crops on the whole promise well warm, dry weather is needed to stimulate growth. In Sunni Col- umbia. growing conditions general- ly are satisfactory on the mainland but are not so favourable on Van- couver Island, owing to the lack of moisture in May. Details follow:

Prairie Provinces

AIBEEtTA-Crops are still back- ward, but are now progressing fav- ourably. In the northern area crops on low-lying land have shown some deterioration irom excmive mois- ture. southern crops. rangesand pastures are suffering from lack of rain. Coarse grains generally are progressing satisfactorily. Irrigated beet crops continue in favourable condition. SASKATCl-IEWAN -- Crops, generally, are in good con- dition and show strong. even growth. wheat is a good stand, but only a. few early fields are in shot blade. Prospects generally are sat- isfactory, although more rain is re- quired in southern and western ar- eas, where the moisture reserves are small. MANITOBA-Crop pros- pecls, both in respect to wheat and _coarse grains, continue favourable. with ample moisture for the pres- antl Hailing has commenced in some districts, with s. good crop in p. ‘. Recent. rainfall in the western and northern areas has been of torrential proportions and has resulted in some damage to crops.

Province of Quebec

The stand o! hay is excellent and grass pastures are good. Grains on other than 10w lands show satis- factory growth, but corn has suf- fered some damage from heavy rains. Root crops are retarded and warm weather is now necessary. Planting of tobacco, while delayed by excessive rains, is now going on under favourable conditions.