MAY 10, 1937

THE CHARLOTTETOWN __(EUARDI m

STOCK i QUOTATIONS

MARKET BULLETIN a

(leeehedovwwoi-Ioldeald

MORNING MARKET LETTER.

NEW YORK, May 8——After a mild improvement in the first half of yesterday's session prices rcceeded towards the end to can- cel approximately the earlier “m5, The action indicated a ten- dency on the part of buyers to await the clarification of the near mm outlook and possibly a test p!’ the recent low prices but on the other hand, in recent market ses- mns’ offerings have dried up on even mild setbacks as holders have been encouraged by earnings re- ports, dividend declarations and a

Once-ripening

relatively favorable quality of business news. The latter has in- cluded the prospect of excellent second quarter earnings for the

8W0]. metal. H1110. oil and railroad l

industries. A let down in business

dull"! the summer still remains .

a possibility but evidence is not yet convincing that such a lull will be more than seasonal. On the whole we are inclined to take a constructive view of the market and believe that near term dips should be regarded as buying op- portunities. ‘ Iaidlaw and Company.

*5 MORNING STOCK Lanna

(Received one llﬂlllaldlidelrlntoIba)

NEW YORK, May ll-Newr. this morning is colorless as far as the stock market is concerned. An- aconda reported preliminary earn- [rigs for the iirst quarter or 98 rents a. share against 32 cents in corresponding period oi last year. Equity in undistributed earnings amounted to ten cents a share and lg not included in the '98 cents.

v compartment shaft now down L000

Journal of Commerce carries a ‘

story this morning that General Motors may earn about $2.25 for the second quarter, this would compare with $3 in the same per- iod last year. Yesterday's market was far from conclusive and we would expect a. decidedly irregular market today. We would look for further strength in the rails and New York central acts as though \t will do better.

TORONTO, May 8—Pend Ore- lllo-Officlel source now says new power plant is expected

tobe.

ready to supply power for mill in 1

ibout 45 not 90 days as reported yesterday.

Imperial Tobacco-As leader in tobacco industry, earnings should reflect first quarter increase in Canadian cigarette consumption of

34 per cent over similar period last year. ' Caribou Gold Mining-April

I!!!)dilbtlon $91,840 with 8.378 1011B treated. recovery average $14.40 per

ton, practically unchanged from ‘

March.

Central Patricia-April produc- tion $115,045 with 6.588 tons treat- ed average erode $17.52, down slightly from record month of‘ March when output was $115,360 with 6,054 tons milled recovery was $19.06 per ton.

MONTREAL, May 8—Dome Mines-April lproduction $500.35 as compared to $639,753 in March and $559389 in April 193s, mill

treated 47,600 ton; with average i

recovery $12.60 compared with 48,- 100 tons in March recovery $13.13.

Pioneer Gold-Net income for April at $96,000 down fiom March

feet, with station cut at 125 feet and cross cutting started for 20

feet planned ti: sink to 250 feet im-'

mediately.

Montreal Curb

(GQQIQIMPIUEUJG. Melnhenolllohilmllhﬁ Imhlllﬂlllllﬂllblllrht)

Stocks

Open Ololo Block! Open Close Abitlbi 0% 9% lsbestne D0 00 1i A Oil 22 211,5 licaubariiois 71,5 1 in lanai: go“, 191‘ 10 inn Vick ‘A 1mm Tar l5 16 mi. A i514 15v,- Frnser 42% 42 Fraser V '1‘ C 421/5 il-‘ord lllr Walker l me Oil 175 11B Imp Oil 21% 22 ,iut Pe 80 30 Slelchera New 3% 31,5 Price 401}; 41 Price Pfd 60 90 §nyaliie ' nbl Mitchell 2s zsag i l Banks ll! Pltlicld I GD. o! Imhﬁ 500i Milan and Oorh uni-m) Banks Open Ololo Banks -.. 0pm Close" Bk Can 3i all n: Bk on I n2 lioyal Bk I06 200

New York Curb

(lulrplled by Woods-leads and 0o.)

W003i ....Clouu

$107,000 and April 1936 $135,000. Am l Payore Gold-At March net E, 8111f‘, 1gb ff“, working capital $96,750. Three m“ m"; 132"

Central Guardian locale,

lo per word; Spiritual ‘ , O per Inch; Notices of Thank: and ‘all. Other Intel on uppll

For Sale

FUR BALE — EUREKA POTATO planter. Charles Reid‘, Buﬂolk. L-199-5-7-3l.

FOR SALE — SHINGLES, SOFT and hardwood lumber, boards, planks, etc. Mcleods lvlills, Belle- vue. L-245-5-8_-:g.

FOR SALE 0R T0 RENT—SUM- mer Cottage at Grand Tracadie. Apply L. L. Jenkins, 202 Prince 311°."- Liziiili-Pl

FOR SALE-IBM FORD COACH. Excellent condition. Bargain. $275.00. Jas. E. Hughes, Braclal- bane. L-281-5-10-3i.

FOR SALE — DWFT 17131111710 foal, good worker. Would exchange for cattle. Vernon Proude, Union and, 11-229-5-8-31.

WE SPECIALIZE IN MONTH OLD Barred Rock Chickens weaned from the broader. May llawlled $25.00 per 100. Everett Howatt. Carleton, R. R. 14-40-54-61-

STRAWBERRY PLANTS 75 CENTS per 100 by mall; $4.50 per 1000. Also ornamental’ trees and shrubs. F. S. Reeves. Southport.

FOR S A L E — STRAWBERRY Plants prepaid-senator Dunlop- 75c a hundred. $2.50 for 500. $4.50 for 1000. W. Watterworth. Mon- tague. L-lB0-5-77-3i.

FOR SALE AT ELLIIOTTE STORE and dwelling combined. Good business centre. Apply to Peril!’ l-lowatt, Bradalbane.

L-141-5-B-8-l0.

FOE BALE-WILL ARRIVE AT McNeilPs Stables on Thursday- Mhy 8, two carloada of OM11?! horses and some mares with foals. Wellington McNe -

Il-113-5-5-5l

me-zosrcvsmis-riiw Hoover potato planter. Will M1109 easy terms. Also new H0011" potato planter complete with fer- tilizer attachments. Regular Pflce $160.00. now selling for 8100-99- Bruce Stewart Co. L-2B2-5-l0-3i-

he “IIIJTI for Blue.

V‘, Advertising Rates-Payable in Advance

do pa: word; Wooten and. lantern locale, lo per word; Announcement: and 00min; Inna lo pa vvord| lu lemon-lam Notices, ‘Ne per lneh; Unto o! ﬂoral

urda, elm. do r: lulu ppreeln

lmun Charge for any anlvnilllmolt twenty-ﬁn oeltq,

Olllllﬂod lld

Letters o! Ooldelouee I00 n. 10o pa: inch o: do pol

To Let

TO LET — MODERN APARTMENT 108 Dorehoster. L-177-5-8-31.

SUEER COTTAGE T0 RENT. Stanhope Beach. Phone 1538. IHIZi-ﬁ-A-ﬁi.

TO LET-HOUSE 25 KENT Street, nine rooms, possession June 1st. Apply 54 Kent St.

L-106-5-5-6i.

TO LET-HOUSE 0N FITZROY Street. Apply James Devine, North American Hotel.

L-1773-5-7-3i.

TO LET-HOUSE AT NORTH River Road. Apply Ruth Cud- more or phone J44. 11- '13

Male Help Wanted WANTED-MAN con rum

work. Apply John McKinnon, Earnsclifle. 11-1776-5-7-31.

Female Help Wanted

ID li_L_lGllT' house-work. Apply Guardian. 11-274-58-21.

WAx-rsrflmifhivrrnntié o woman to keep house for a man and one child. Ollie Shreenan, Kinkora. L-124-5-6-4i.

E—A' to assist with light housework in the country. Apply "X. Y. Z. Guardian. 15-1717-5-‘1-61.

WANTED - CAPABLE axrzn- lance: coutritry Bllllppﬁl‘ 13711;:

' ouse. - mitt. L-aa-s-s-s-io.

WANTED AT ONCE MAID FOR

llOlISEWOTIK. gong‘? Blélt prefer- d_ A ce . re pp y L-ﬂll-b-‘l-ﬂi.

Miacellunenul

INSURE IN THE BUN LIFE. PAR- ticipate in the proﬁts of this glgeat cqnppny, Last year 901109310 "5 received an average 0f °n° "l one half million dollars a W89!-

of Canada Conversion Loan

Ike Bank of Canada it authorised by the Acting lilinirler of ‘Finance to receive I applications to convert Dominion of Canada 5m“. Victory Loan Bonds

maturing December i, i937, into:

Iwelve-Year 31-4 per cent. bonds, due June I, I949

[Ccilable on or after Iﬂllﬁ I. 194°) B?“ 99-00% M! hfproﬁmatoly 3.35% to minority.

Nictory Loan iBonds accepted for conversion into the 3 1-475 bonds of the neI, loan must have attached the final coupons due December I, I937. and Will be valued at a price of ro2~25% (the coupons due lime I- I937. dﬁlilclleill- Bollds accepted for conversion will be exchanged for inicrim certificates oi the new loan

‘on June r, 1937, when the resultant cash adjustments in favour of llli‘ ipplic-

' 1.’ 7, bonds will be dated June r, r937. Principal and interest will be payable it lswful money of Canada. Interest will be payable, without charge, semi-annu- lally June l and December r at-any branch in Canada of 8")’ chaﬂeml bmk-

DENOMINA TIONS: 3m!» Bowls. $100. $5°° ""4 $“" N, t; pa, m» all be Jfmd f» M'°"‘P"'°"‘~

Applications may be made to the head office of the Bank of Canada through in)’. ' ed d ler, from

branch in Canada of any chartered bank or through any recogniz ea

whom copies ofthe official prospectus containing complete details of the loan m6!

_ r " ' ‘i1 cl wiﬂi I Ill-hm" (‘the apphadm us“ ‘an 0pm“ m‘ 5-, n”, w; T: Acting Minister notice, at the discretion of the Acting Minister of ma“ - Finance “Sew” ﬁle eight to limit the amount to be CORWTNd-

ran into

_._; .. . - __ -- i New York I Stock Etchangc ___ ( l7 Iii I Q , Mdfltfédl a Ina-u sun: l ‘ s k Ex 1. l toc_ c ange l .._.._. Block: Upon (Ion ' .

ilnnlu w run-u a on . A, C,

nemhenellcullucllhi s cm 101 101

Inhnlgo n! omen-nu i... 11113,». 221' 283i 1O

ll its“ m“ 1"“

o»- --» ii-ziiis- r. ca:

B u T x m .\tl Re! so soy,

el-ssiiiin 2s“ 1g? ‘"‘""“ ‘

Bruck Silk “F” 5°" 7 7*

c P a, a6 mi: Ohlo a4 a4 Build Prod liciiilix_ Av gun gem? 163i 1610 llmggshtmn ‘$689?

ID 0!’ 1' ,

c c Pfd Vi" ﬁr‘: érf, P a "a 1" Lilla-g?“ 118% null 6:; I31,” ‘ “w, 7% four Sol 1s 94 g“ 5;" 1W 18 F33‘ cs5.

A ceﬂmf" a a (on on Co m; aeu Cock Plow ‘I'm P"

Con. smelt so so iiir Wright d 6 Dist Sea DH“ l" 132V: Dom c gtu m“ 30* [iiiliont - 100 1561,;- _ gm gs;- ,, sis: s: " - OD - ‘ 1»- m “ “" ggidelﬁee ‘ u“ u“ lliﬂll Food! 3?“: ggecwv 131121.222; m‘ ‘W’ iii-a c» m‘ “ i'}'."'\'-.."‘.FF.. ii“ ti. lhﬂggf“ 1555 15 {uni ‘lint L ll‘ m2 111;, 11am sBrldle m‘ 15 lllll ‘illi- M am -. . “If; 1.5:)‘ ﬁx llll "IR-l TD] 1035 10y, . Johns Man i in: gickelp“ \il~.- l"ll' l1; " l rlike nglloodk a1 ar """"““"“ 55* “VI Massey H 12 I 12 “out (‘Word Ki 582i. ‘ lilcColl Ft o a g,"{, C° l‘ 144 l Mont Pow 3012 30 \. n B?“ ‘a ‘a “N m‘ 39 N“: c ‘h l Ngw Y!!!)Tk I a"! 81% l ' ’ ' l'0\v Corp 24“ 24”” 11"’ m“ 35% 35W i ‘m! M“ be made’ Que Pow 2154 21 $253K,“ t “l4 34% Shaw 23% 28 I Pnrnmouo t 9'6 9% st Law 12 12 n “ 21 20% s: Law rru Pﬂt“ “ l‘ 44% 44% Sou Can Pow ml,“ ‘PM b an 81 . 5... Pfd 1s 18c} H" i’: g2” U“ m“ \Vin E190 A 5Q 5 gun. s6“ N J 41 ‘1;2\ i \\'in m.» B is r. R331, Co 0° 1° 19 i R l’ K 0 aiii-lzliizsa. .28., so: hell Union l Qﬂlllh Pac l \ul oii 1nd 44 44 -—- i am oii N J y}: ﬁiurlc C0 15 111% lqlllﬂ h Woodwind I L |'.“*'"f‘ 9°‘ 005i i i-iilléli ‘h.’ 2% ‘if; ‘ - ‘ iTnlti-il 15mg Unite’! Gal I Stoeln Open Close g 11:11:60 m’ 3:“ 15%“ Aldermsc 12 U S Ind Al gar‘ 1:1)‘: Afgggv 5 Vanadium x5‘ 2g / Astoria Rouyn 12%.; “Warner Bro! 1314 121;‘ 3535mm; 30 West. Union 62 Q3 . s s": at B s5 s“

a eta I es ec 1 8 ' Besftie 130 Woolworth 40 29:2 k obtained‘ lii3“'°'¢ h? -

0O , g1 “Mi-I 3% $119k. :13 lxniscvidillac §§,".,,,C.'°§Eu" 113% iiralorno 680 prom“..- m4 girl-it 1'1‘:- lg Preston E D 105

WW" W Read Alllll 40o

Buffalo Auk 900 qr...‘ Cm"; 1m },(‘iin Mal 120 1mg L", 44

l T‘! 110 cg»: amt no till... i (w! P" 19 Robb Mont 2% fiat Mg“ {Qt oche n

(‘m 9| Sun Antonio 1Q -

p 11 ,-_. - . Om; Ma r0 37 Chromium £5 Gor 1% l w!’ y , ,9 . llurkwater 102 s1"...- a5 Dim"! 40% ﬂiilen Mal 1E0 llorrnl Si: 80-00 slur-c Lake 180 East Mal 110 \tducnnﬂ 152 lfllillvrlido siui Basin 40c ‘n crin . ' FM! Kirk 1s Rllylﬁile i410: maroon 114-3” 1° w "<15 N B n° 1. m“ 8°‘ 93 (‘rlcnora 1:4 Tack m, i. s20 Que Eureka an“; to 96: Que 11° 1 m“ 395 85 m 93' iiriifih-“i” ii lira-rs..." 233.3%" 5:: ..”.‘..°’.‘.£‘;.'32§'..i‘.ii.. "'“°““°“‘ igolllilgnlllalggee 50v Ventures 190 Rubcc n 583mm“ weakness 15st week and 01mm ogre gt?" llvgiodiicciatl ‘l 11:; gchﬂiebegwyﬂ 84‘ ri eased

I1 g erg ogu n p 085 .

mm rm: rec Sigma :6 waded 1 gs I . 688 shipments in caro llllirilfilger 56% Unis-rm, t‘ 5:131]: (l-oks‘ 15 or less were quoted at 21 cents a. Howe)’ , s1, Albany n q. so-sz 5.... ii. rm "M dozen m; A large, 1c 1-2 to 2o for ‘.3111; $.95", ‘t’? Q} $1,?“ f,’ '§°’,;§‘,"‘11f§ 58-61 medium, 1s 1-2 u; 19 1-2 for grade

I'-i a1 4 r ‘W Band 171-2 for c. Tull}? “Co! If? ggillecnhigeelt 14%;‘ ‘$231232: L ‘$23 Butter was quoted at 22 to 22

e coo Brown our r l u‘ ° 11-20 1-2 cents a. pound for carlots or ‘ma, ﬁg E‘,;',1‘,‘“.‘<“,°,i 15110 Whw" Y" less of no 1 while lots to retailers a: nigh g?" gunlllllau 121410 , were 23 l-2 for solids and 24 for

o ore -3 nrw ll - prmts_ '

Lillie c” ‘l: Rgllllirnllfilllv 21,0“ Cheese was quoted at l3 1-2 to Lcbtcll] Oro 201g gunlop New 88-4; (cﬂuﬂhg fggj) 14 cents a pound. for 3151201106 While

c ’“'“°§ " Ma ‘f-Wheat, Quebecs were unquo .

Llll-l-i-l‘ I‘ i??? GMT?’ P“ l I: sol-trio z cisfi-z- balrley o w no rotates-v P- E- I. mfs no 1 We

iii-um c 19o com Rang‘ 6-‘! 3 u. m“ no’ 1 61 l-2; No. 3 81.10 to $1.15} No 1 cobblers 00's 1"“ " t ‘i? H"§°"i\~l‘““ “Pr” 61- 6m o w no a e2 1-2. $1.05 to $1.10; N. B. no 1 so‘; 9s hi‘; s57... 12 l£...‘~’e.....l’ 12-10 iIlour sprinl. wheat patents. w W; Que mis no 1 80's 85 w 93: lnclntvre 33' k G 60 ' - - new stock Florida: no 2 half-bar-

. - » firsts $1.10. seconds 81-30. bakers i ilf-llTfiﬁif R " “la '1i‘.§'1.'°<§§‘iav. c1353 amo- wmm wheat patents. chem "15 "PPM 98 “l” ‘W’ t° $335‘

. . lgcwtzite" s?! sake qllllgwan "gqI-gg $5.10 to $6.80: white Wm $6 30 W g 5g’- I- 11° 1 5° "1 m” 12-35 l”

c n e lama - "40 . . inn Corn 3211 may 1° ' - go _- MONTREAL, May il-Prices re- sin‘: Kirk ‘is ‘$1.5!’ ti: oil tillliitfé"t‘i"‘°él‘.is“=?iia mam may on ¢£*“-““““ em- ‘ b v g6 an 001:1 g ml‘ b“ 9o lbs @315; my no 3 pgf motility exchange produce section ‘ cw cc . lrglire 1 s; m» 5y_ llfllfﬁlill‘ 23?»; 135.590.“ 3'61?» wxoiicéotgnlzgis 1-2 to 14. Butter Spot-Que fresh buyers- gBrien 8R5 ‘goalhekr Butter 33 to g3 1.1 inspection K042103143 QUE 1798b

9 ‘ ~ - - . Pliniﬁgﬁr 2'?” Qglillnki 30.33 mg; in cartons A l lame w’ A‘ (Qghscm-QS t-Un uoted Paymaster so Oklend 20-22 1 medium 35; A large 25; A med- e959 11° '1 ~ _ gent] Orville 21a glglﬂaDlamond n?“ mm 33; 3 3g, q 31, Eggs SpgtI-ggit A_largc 21A, A-

15 ' r. - ~ _ - .

Plglllian Crow G16 Opemlallra Cop 30 Potaw“ P E I no 1 m“ 905 ‘l’ medium

BeoLAJlnorqQrrrieBuiid-inl-

UUFFCKDINGNHOUSE? .

will:

Major Hoopla

ENTERED no ‘TH’

CR IN ANY OWNER RA¢E- KAFF-KAFF-

. ‘ . __._\\\\“ ' \\_ _\ ..\\.\ ..

NOT 5o FA5T. MY. 5MA1=iT sconnens! KAFF~KAFJF-~ WHAT GAVE YOU we IDEA ‘IHAT 1 WAS sew-mos. ou A HORSE? n: wou WILL su-r READ ‘lHE WRITTEN WAdERh/OIJ WILL ass ‘IHAT, WHEN 1 NAMED “THE Booms’! r. ‘IRUTHFULLY (ALLED ' ‘THE TURN ON wi-io, ‘ wouw WIN IN was vein

‘THE runes I5 MINE! .~ »

soumiﬁ. -

RIFLE,’

//

"Huronien,

MINING

was typical of a session, except for the

change Saturday.

Brokers completely ignored wheat for a few minutes to centre their attention on rye when export de- mand forced May up the full five- oent lirnlt. Turning toward wheat at the last moment short-covering purchases brought prices from 2- cent lows with May finishing at $1.29 1-4, July $1.27 7-8, and October $1.17 to $118.

Most of the selling W115 credited to southern intersts. There was no export business reported and observers believed demand was at a temporary standstill in view of a double holiday next week when the exchange will be closed Mon- day, Arbor Day, and Wednesday, Coronation Day.

‘Trading in the coarse grain pit Saturday dull flurry in

rye and a little investment busi-

ness in May barley. Both modities cased from

com- the high

points with rye closing 4 to 1 1-8 cents higher.

__-________ UNDATED MONEY BOX _ (Canadian Press) Closing exchange rates:

At Montreal-Pound 4.02 19-32;

franc 4-48: U. s. dollar co 25-32.

(Canadian Press) TORONTO. May 9- Mining share listings of the Toronto ex- change rounded out a gloomy week with losses of a couple of points in both index groupings, golds lead- ing the retreat.

Hollinger and Wright Hargreav- es were sold iri considerable vol- ume, the former at a loss of 5-8 and the latter at a loss of 15 cents. Losses of 5 to 15 cents ran through Canadian lvfalartic, the secondary list, hitting Anglo- Central Patricia, East Malartic, Kerr Addison, Kirkland Lake, Little 1.0m; Lac, MaeLeod-Cockshutt, McKenzie, Moneta, O'Brien, Per- ron, Pickle Crow, Powell-Rouyn, siscoe, Sladen and Bylvanlte. Ma- cassa declined 30 cents to 5.20.

Base metals eased oii with the golds to show fractional losses for Consolidated Bmelters and Nor- anda and a point decline for Hud- ron Bay. Falconbridge and Sudbury Basin dropped 25 cents each and Sherritt was down 5. Eldoracio posted a loss of i1 cents.

Western issues were qiiict and steady. Calgary-Edmonton sold up to 2 40 but lost the gain before the close.

G l‘ (Canadian Press) WINNIPEG, May 0--Abscnce of foreign demand for the second day, and ght liquidation prompt-

ed on reports of rain in the Unli- ed States winter wheat area. for-

W THE WAR l6 OMIJ

Jr

ced wheat prLes i 1-2 to 3-8 cent down on the Winnipeg grain 6X-

At New York-Pound 493 3-4; tiger; 4 49; Canadian dollar 1.00

NUMEROUS ARTISTIC. SCIENTIFIC. LITERARY AND SPORTING EXHIBITIONS

For infnrnuiilun kindly apply in Steiim-lilp nmi Travel .\g|-nl~ ﬂ‘l(|

Al!!! m 31R. .- \_l RAN ‘

At Paris-Closed.

In gold—Pound 12s: U. S. dollar 59.51 cents: Canadian dollar .39.- 66 cents.‘

MARKETS AT A GLANCE

Toronto and Montreal-Stella closed lower.

New York-Stocks lower.

Winnipeg-Wheat 1 1-2 tn {Hi cent". lower.

New York-Cotton, rubber coffee higher.

and

DO“‘ JONES ATERA Giff“

t§iippllvrl by‘ Worlds-Ronda and Co.) Inriiistrluls .-.'.0 iill ii .- Rillls 00.14 off 0 45 Utilities 29.23 off ﬂ 0.’.

1' H E l-‘A M O U S RUBBING Ll N I M ENT Rub on-pain gone- Get the new large econ- o y sizwAiso avail- age in smaller. regular" size. n

lH|NARD'SM

INIMEN.)

XPQSITIQI TEHNHIIJNALE

MAY-NOVEMBER