18.1934

.YA

Eve Issues Hit New Highi

0n (_ Montreal Exchange

m) Dec. 1'! - Wide movements and five issues hitting new pssu for the year were offset

rsl steadiness on the

w, I, s, oil-retur- Special Wire) smash.

b t?!” Myontreal Stock Exchange today.

while gains held sn edge over m“; st the eiose_ the sversge vice of 80 stocks was unchanged It 58d. ‘rurnover showed an in- grease with approximately 12,000 ‘hm-e; changing hands. Outside of the upward action of specialties mo market tended to drabness. megularity prevailed in the mom- m “salon but in the afternoon when mdmg picked up gains "m; in the fore. A feature was (he heavy decline! in Imperial To-

“we which finned s fraction.

A, s group the utilities provided m; most interest for traders. Bell Telephofid established s new high

nlsol-Ibutclosedimc

n 19o. Reflecting the strengthen- lng of the company's funded debt position due to the offering of new bonds in London today, Jamaica. Public Service Preferred rose four points to s new peak at 114. Can- gdlsn Hydro-Eiectric- Preferred

W18 also st s new top with s. gain of three points st '16 1-2. Inter. national Paper and Power Prefer- rsd with afrsctional advance con- tinued the recent revival of inter- est in the issue. Montreal Power, Power Corporation and Bhswin- igsn Power all moved up fractions

this; W ‘ ~ o g . ' ' Dominion Textile lost a 1-1 an“ m

points at 80 1-4 coincident, with the opening of the mass buying‘

probe into the textile industryflusu Hollinger, Brazilian Traction and I

International Nickel all held un-

changed in the interlisted section Can P

with Consolidated Bmelters, ex- dividend, down two points.

Steel uss were on the down- side. Stes of Canada. and Domin- ion Steel and Cos1 "B" both ess- ing fractions. T‘ ‘ ' n Coal Pre-

ferred, however, gained half s,

point. Canadian Car common and preferred in the equipments were downsmsll amounts and among the constructions Dominion Bridge

was off hslf s point.

Balm totalled 11,98) shares;

bonds $7,800.

Quiet Upward Trend On New York Market

(By l-‘redfilek Gardner, Associated second 8 in thin trading. American

Press Financial Writer) (A. P. By Guardian's Special Wire)

NEW YORK, Doc. l'l—The stock market p. longed its slow drift in s narrow range through s “* r

quiet session today.

The drift had on upward slant but buying sgsin conversed on s few specialties while the usuoiiy sstlve issues spent their fifth day

idly backing and filling.

A reactionary turn in leading commodities, with wheat off 1 3-0 to 2 cents a bushel at the finish and corn down s sent. helped to msks traders "shy c! the buying

Iids of stocks.

Despite the reluctance of bullish elements to take the initiative, an undercurrent‘ of confidence was apparent in persistent demsnd for good-grade bonds and "s moderate rise in United States government

bsues.

The investment market got mild stimulus from the move to reduce Interest psynisnts by banks throughout the country on savings and time depositsto 2 1-2 percent, although that Me did not change

nditions in the, money market-

here.

The stock merket apparently paid little attention .10 additional isvorsbis business news, including the ninth consecutive weekly gain in steel operations. Steel shares were mixed in the face of the Arn-

rrican Iron 8s Steel mstituteb es-

timate that the operating rate of the industry had risen to 34.6 percent of capacity from 32.’! s_

week ago. ,

Turnover dwindled to 900,040 shares ss traders wsited for s. trend to kvelop out of the aimless

shuffling of the market. The vol- ume last Bridsyhwss .010. The relstiveu hig rats of sc-

Woolen Preferred got up more than s points, Mallory Preferred continued tis rise into new high ground for the year, ending a point higher. General Mills,‘ Bethlehem Steel Preferred, Eaton Manufac- turing, lngcrsoll Rand, Kelvinator and Minneapolis Molina Preferred were smong shares up s point or more st the close.

U. S. Steel, General Motors. Montgomery Ward and other piv- otal issues showed only trifling changes.

Price chsnges in the Canadian list were narrow.

WHERE SCOTCH ARE OUT

GLASGOW. Sootlsndhbec. 1'1- The fact that there is no Scottish make of motor car was deplored by Sir Ian Coiquohoun in declar- ing open the flrd Scottish motor show at Kelvin Hall, Glasgow. He expressed hope it might not be long until s. car would be pro- duced thst would be purely Scot- tish in design and construction.

STAR. LIKES OATS

BETIER THAN MEN

(By nominates-nose) consume. Dec. lS-Cats with

titled ancestors and cats brought up in an environment of back sl- leys and garbage csns reclined with studied hauteur st the Royal Winter Fair Cat Show. lust over. _ The veteran "Handsome." owned by Mrs. D. MoKechnic. ‘for-onto. who csme as s star-veiling kitten to this city in s. box car, had a ri- val in the role of the cat who made good in a big way-"Goofus." blsck-hsired and approximately two year old tabby owned by the club president. H. 1'. Kirch.

tivityin textile industries snd be“ 000MB». not. only made good m

lief tbst Christmas trade wss de-

pleting store inventories seeming-

lv influenced buying in textile shares-Industrial rayon and cel-

snese xpanded their previous gains frsotionslly. Associated Dry »Goods first pre-

ferred ‘umped 6 points and the

s. big way from a. lowly beginning, but won reflected glory when Tamara, glamorous star of ‘illo- berta,‘ came to town and, with the information that she liked cats better than men, sold that her fa- vorite cst was "Goofus."

Mdvsrtising llatos- ayahls in Advance

per word: A h. per In Bpllltlsl Offering , Cards, arm. do

"fill. Other nus on application.

\%O§-O§§§4

1-00-0406

"Fable ‘ is advance.

For Sale

CARDBOARD SUITABLE I03 “sins euthouses, etc., 1r per zfheet. Guardian Oflics. u.

mono-s was srwsrsn xsur Radio $25.00. Toombs Music Store. L-2058-l2-l5-81.

roa sans-sewn rasshsssp Ayrshire cow. Apply Wallace Bre- Jlsut. Alexandra. n-zaoo-ir-is-ii.

rnonoonam srsculi. sum.

ToombsMusic Store.

114868424841.

Musskw" Moro-aorta AND short wave 054.05. Toombs Music Store. L-ZMB-ll-lbll.

'03 [All -— AUCTION FOB‘!!- "Yl. Bridge and Whist Boom clldl. Guardian Central Joli Pflntery. Nov. l-tf.

0min. ILIOTRIC nsmos

""6 “p. zroomhs Music Btors.

L- 42-18-81.

I0! BALI - “VIRAL ‘COOKING "heel and several bass bumers. hoshford Btree

Apr-sh

‘ wssrso _,ro

ssmooué: "PM. ~ s-iss

t. uasr-ia-iw-ai. w

T0! sans-arose sup owns.- ihe. out lmildinll ens gas station It Csnos Cove Corner. Apply to Nsii sloqssneli, PM. osnos Cove.

n-mwia-is-si.

Male. Help Wanted

central Guardian locals. 4e. III wsrd| Western and Busters locals, ls easements and Coming Innis, ls‘. Isl‘ word; Classified‘ d; a Isnorism Notices, 70o. per Inch: Lin; or no"! us

namel 1410s" of Condolence, 10o.

- Iflr per luelu Nstlees of Thanks and Appreciation, 70s. pee inch or do. II llinllnl Charge for any advertise-est sweaty-divs seats.

BATH-is per word, three Ilse!- Hons far the price of two, strictly

Miscellaneous

NEW GUITARS ARRIVED T0- dsy. Toombs Music store.

reasonable prices. L-201I-11-2-I-f.

lwr: our onn cow, COINS, scrap jewelry, dental gold. Pro- cious Metal Buyers. 1'18 Gt. George 5t. 11-2105-12-1241

~To Lot

Street. Phone 400.

Hickey 6t Nicholson's Office. L-zszi-ii-flo-tt

Wanted ANrnn-nUCIilNGIlAM w- to Guard

Quote priw- Apply

SToc

MRI. Stock Exchange

____.. u ( In“ llllllleil I IOHIKI bell cl (I'd loin‘ G d“

task lxelann. Iontrssl bee, Ill lieknoll Itrsst.

lower

Steel Co Can no .'. n‘

Currencies

(Canadian

NEW YORK, Dec the CsnndIl-sn dollar declined qnoq“. mbsly in the foreign sxoban 101111. On the other band tb frsnc strengthened to close

he Canadian dollar- dropped {pom

l5

pound flnlghod n cents. The frsuc closing _ Ii 0f 00% of s» sent.

. Dec lb-Tbs sdvsn of the United smoo noun to above:

ercent discount mark first.

meal so flhlibflt 20-33 d! g u“ ‘g Mind ,0! of s cent s1 s

GRAIN ,

ohnston and Ward) 17-

\ WINNIPEG _ when :_ , Dec 11

Arrivals

Duch. of Richmond _, 5w; C t

vssssps m strum

'21! contrasts mvestment s July was the native lcadcr with 10 lots changing hands and offer open- ing st 50.1!) advanced to 50,05, ti! close being 55.00 nominal against M» ‘ 40, on lsturdsy. May, which had nine contracts transacted, opened st 56.15 and then eased to 56.00 closing M: 54.00 nominal ns compared with £3.60 at tho end oi’ lsst week. Novem- ber, with five lots sold at 51.40 and the final was 58.10 nominal, down B0 point: from the previous nominal quotations. September hsd s _ bonds st 50.10, the close being ,10 nominal in com- parison wflh 60.00 iild Sdfurdsy.

L-3$8-12-1I-3L ‘ET YOUR PIIVATE CHRISTMAS

Cards from The Guardian Job dime Primary —- exclusive designs at

contract ohsn

LET - SIX 3003,! illll. Apply M Fitzroy. L-flfl-lI-lB-Si.

T0 LIT-NO. ll CHESTNUT

c..........'New York

L-IBOO-ll-Il-tf

‘I0 LIT-s k011i Nails-i. TOD- gm ’ ’ S! Bishop Bt- Apply st 122 Prince Street or

Nevrfoundfnd Duchess of Otholl .

Lady Hawkins". using John w - Bouthsmptm so [also featured.

nu. ium Cards 10110851259913‘? by iel- s“ w,‘ t-iisas-ia-n-si. WWW") --

wsursp-uslp an sucrcno». PW"! -- i psedis Britannica. Ill-ell WWII‘

Box a. Guardian. b-Ilol-lfl-lf-Si gig gL

“mg-yuan: Dec. l’4—- Newfoundland men in Victoria prim" ‘I’ “WW1.” - to meet alimony and maintenance mo. under .

i1 were released in connection

om ~ ‘with the eehiflfll-m .

N. Y. ‘Stock

PRODUCE , uoaraslfiriiujt’: - were h

81 csnu s doses, A medium st 20 cams. A mum st 22 to 2i cents, Batlflteiilceatssndcstli cents. Receipts were 420 canes. No 1 butter in caslots or ins re- rged st D56 to 21 cents 0% s pound. Rec pts were 10 boxes. To to 82 cents 5i to 23 cents s pound. {inn

'9 . No 1 Onhrio cheese was

56 cents a poinid ro- current make with no receipts arriving.

ofltoee were steady at

d0 do . canon for Qusbocc. 48 to 50 for New ll Bmnwwisks and 50 to so cents for Tee Islands Ill 901-80

Lzvssrocx

(Canadian Prose) MOITIIZL. Doc 17

8.05 and medium steers up Bulls were from $1.60 to $1 bulk of the bolognas "

EXCHANGE

(Canadian Prels)

MONTREAL, Doc 17-—Bri-tisli forwign exchange in relation to the fiendish dollar as compiled by the Big Mild Royal Bank of Canada, closed today Bnbjo .

Bradinn

loo-peso .2411. ia ound 3.50m

, Austral! p . Austria scbilllng .1372. ' Bdllillfl bolgs .2310.

Brazil mlreia .0611.

Chins Hung Kong dollars A150.

Caoclioslorskla crown .0415. Denmark krone 311$. Itinhnd flnmsrk .0218. France .0814. reicbsmsrk .3053. Great Britain pound 4.3001). Holland flor-lu .0708 ‘Hungary pear? 3.997. India rupee . 005.

ltsly lire .0847,

Japan yen 11am.

New Zeoisnd pound 3.0070. Norway krone ,4003. Poland lot! .1817. Roumsndd leu .0101.

‘oulth Africa 1:031:10 4 88:20. pen poses: .1 ’.

Slweden krone .2604. E-witieriand fh

(Canadian Press)

At Montreal-Pound 4.80 3-32; U, S. dollar 00 ~32; fmnc 0.51. At New York-Pound 4.04%: Clin- adfln dollar 1.00 31-32; franc 0.00.‘ At Paris-Pound 14.38 fr: Canadian dolls: 15.34 fr; U. S. dollar 15.16% francs. .- ln gold-Pound Us 1d; Comm“ dollar 00.0‘! cents; U. S, dollnr 50.41 con s.

Miscellaneous

l (Cunnllau Press) MONTBEAL_ Dov: 17—

Oil-l feed no 1

m. lziavun Ivrimr wheat Dlleffls firsll

lfloiir second-s $6.00. Flour bakers $4.00

Flour wi t h ‘t i L! l “so to w w P‘ on ch ‘m Flour white corn 15,60 ts 15.30,

Bran ton $23.25.

Short‘ ion $20.25.

Middiings ion $3525,

Rolled oaks bag W) lbs $3.35.

Hsy no 2 per ton curlots 115.00.

Cheese No 1 0m 911,. Butter no 1 201)’, to 2i. Es’

g; in cartons A 1 largo i7.

Egg-s A 1 medium 3i. Eggs A 1 pull.

Eggs A largo 4i. Eggs A medium 20. Eggs A pullots 2T. Eggs B large 20. Egan g medium I4.

‘A

P E I 80's 50-5.

MONTREAL. Dec IT-A decline in Inndon ssnn. silver futures lower on the Cansddan commodity exchange to- day. The close showed prices down 00 to 00 points, J0 points bFIOW the opening range. Turnover consisted of ‘of which eight were in

one

(Canadian Pres

s) NEW YORK D26 17—IhdOX of 15 staple commodity prices (Dec 31. 08 rqulll 100; 1020 average equals 230.5)

Today 150.0 prev (lay 161.0.

Week sgo.150.8 year ago 123.0 ‘i034 high 156.2 1036 low‘ 120.0. (Copyright 103i by Moody's).

winrs sun asp

1- ~—-——

ll White and red against the snow

—:i New York designer dresses a

,1 mhnnequin in s white skim, John suit with red knitted in st the

aistbsnd and red for the acces-

riss. A striped blanket cost is

Dee. ~30-

Montcalm . . . . Liverpool firnfield

Dec. fl-

02%.

inies ..i............ 5t. John's

d)" MT’L. cums

d

(Jails-ton 5nd Ward) Opened.

YUP entree! livestock msksts to!!! totalled 0,684 held.

Castle receipts were 1.509 head. There warsn cellar undertone in the ‘csotie market. wane not bidding. Early sales to smaller operators were st rl barely steady to s sbsde essrler last‘ week's quotation, Sixty of heat ‘Iteesu were mo. ‘me balance

Packers‘ buyers

"ad for expo .

of thecsms wereoom- mon tojmtmediiunin quality and included a wry‘ large percentage of csnneru cutters and plain cows. d cutters were from $1 to 5% with the bulk of the ales around 812%. Good butchers cows fn between kimk mostly $1.75 to E50. Young thin steers and heifers.

wit. $2

Acme Oil . . Alex

Ashley’ Astoria

Clerk-y .. Columsrio . _ Couisgss

Conisrum .

no .3201. Hollinger _,, Lnlited States dollar 81-32 per cent Hvmeltelll --

discount ,

WIFIIM . . Total sales 468,000. UNLIDTED

Alder-mac . _ Assoc Oil . Baldwin .. Brownllee .. Can Kirk . . . lien Man . Church H

n

Ritchie " .'.. . Stalin ..

corduroy

Saint John

Haliflll

MINING .Y

_.—-_- gnu‘ (Ogadlmn Press) a," TORONTO. u: lf-Ajmsng no". in‘ (one in the min-hag department v of the Toronto exchange evnporseed- p,“ as selling expanded in the afternoon involving chiefly the gold stocks. 0f- fanings of Loko Shore wars heavier than usual with the prise closing 06 cents down at 02.140. Nearly 3,000 char-ea oi! the stock come out. Little

Lac was n-gmm the

Long’ leader, tragl- g 18.000 shares price advance of 5 cents to 6 sold at 7.10 duping the day. The strong tone for tho bsse metals sold for on the New York nmrkst stimulated ‘buying in Norsuuis and s gain of ‘iii [cents to 3i.% resulted. Cheaper is- sues of the group were barely firm. Hudson Bsy loss 20 cents, Sudb Basin 2, Slierritt 1 and Baoe- M Corporations 1.

(Canadian Press) TORONTO, Dec 11- Slacks

Golilfield . . .' Gflhllln --

Robb h... ‘ . . . . . .

1.000 PASSENGER! A DAY CARRIED ON EXCURSIONS BY CANADIAN RAILWAYS

MONTRllAL._Que., Dec. 17-m- tums for the first thousand days| of operation of special low - coach ' by C “‘ n rail- ways hsve lust been compile one thousand days the two bi rail lines carried an average one thousand excursionists a according to ‘A. A. Gardiner. As- ‘ ‘ ' General . ‘Prsffic Manager of the Canadian Nations] Railways. mom receipts from the ssls of excursion tickets during tbs thousand days were $2,000,000. netting 5 satisfactory profit w the railways. The plan gsve employ- ment to many the new plrt of the ‘ stion of the special enoursion trsins being for lsbor.

or

moo Auto 1.1m o.

Eric .,, . First Natl stores

ic\-==:.:-- z t?~_l_"'w~®Ut nafia-siflseisv.

Grant. Wont sugén

l3 assoc ‘ S in‘?

Iltuliu KeiIIiI-Orph . “('11 iron Stool . . . . _ ,.

l

-..-."~Ti1fi

Improvement" In Business

(or. n; Gusrdisn’: speeislvWire) wmmmm, Dec. I'M-Business conditions during the past

particularly in Western Canada.

lows : Halifax: while maintaining

maintained the improvement noted in the past few months. it is indi- cated in the weekly trade nepirt of the Canadian Credit Ken's fgrust Association issued hero to- sy. . g Mild weather prevailing, however,

has somewhat restricted demand for seasonal clothing, but most other lines continued to hold up well. with the approach of Christ- mas, a. lest-minute buying rush is

expected. . _ Business failures during the. week 5 wercnlessthmintbsssrmweek last year: the report in psrtv_.gfol-_,

s. hit standard ss compared with lest you, sales generally, particu- ,, lsrly in clothing and footwear "‘ lines, are reported somewhst less than snticipsied. ‘The seasonal sc- tivity along the waterfront is com- mencing iii-earnest and s large

Muintainifii Conditions

i number of boats expected during the week. 1t is of interest to note that the new pier is now in oper- ation. Collections are somewhat”, ahead of last year but with an syl- erage increleeinssles of lbflllflfi'. gpercsnt with s comparative, inl- cresseof only 35 percent in collec- tion generally. they are not swaths)" _ might be expected. ,,, .,, ‘- . Saint John: No important cluriggv, j in wholesale trade o! recent wcgki ~ is noted but previous gains appear fairly well maintained and whole“, sslers view situation more factory than in the some peg!’ last ycsr. Continued mild wésth has adversely effected retail tr , particularly in clothing and wearing apparel lines. ,Chr trade has not deveio, ‘ to meat extent ss yet but mer anticipating at least as sat ory a volume as for the ssme¢{er- .,,

QM

iod last year. Wholesale col fti‘ " continue nu- but retail wuecioli,‘ particularly on old scoountsgjsrfi" slow. “ ‘

(By Johnston and Ward's Special Wire)

MOIK 1N6 RABBIT LITTER.

the silver issues was maintained special interest. little changed.

about ton days have been varied

dny fau-ly promptly today

smnssnr!

000 new airplanes

MARKET GOSSIP

NEW YORK, N. Y.» 139'! 17-TW msrkei wss irregular until shortly before the close Saturday when u rally developed to put prices frallzion- nlly up for the day. The hsevy sell- ing in Radio continued nod the ntrengih in the metals. pnriiculsriy

These were about the only points of The Bond and Wheat markets were

Saturday marked the fourth day of stability following tho sharp re- action last Tuesday. Tho price ml- Justmems since tho highs were madl-

Sonic issues in both the speculstiyo and investment classes have Iuffer- 5_ ed fairly extensive reactions while 3% others have declined vcry little. If

more extcnsim re-adjllntmflntl are not to he made llhe msr-ket should ‘ proceed with the rally oi‘ late Satur-

bsidlsw and Company ,

saw your. N. 1.. Dee fl-Jwe- 0° iary of War, Dern in Annual report recommends n three yen airy-aft ‘pro- gram involfing purchase of more than

Henry Ford says the new 1036 V-S l, coming off tba line now under?!‘ be given notional showing‘ on Dies‘

p: _..l

'J

“No.5,

states that prices will start loiwmi

than the 1934 model.

Msgusino "Sinai" my: that I 3 point rise to 33% percent in Step

works operations lust. week was. sc- compsnied by 's substuptisl

in in consumption, hegvvier demand-dell.

pig iron and rmother sharp IQYQHEQ’, in sci-a prices. . . ‘. Unit Press Dcspstch from Shank"? hol says WHIQSKUIG reports ' China would do. -