I. 1.

..._........... .._...._.._-.,,.-........

‘fair 000: strict

NOVEMBER 1s. 1931

111i 11111111

- 11 t a w 11) (svmh ‘$11131lllcllnowinlltinlcn 1y 04 00 2%

Air Reduc 04% w! I 93+ .- 5% 2i'°51§§ ".. 11111. 11s 8111 B111+1v1 a1-c11111 . . 111 1s 111,11 11%—-'Vu A111 (‘un 80 39 7“ 8o +54 Am l1‘ Pow I14 in‘ i 13m H ‘i’ y‘ .1111 P Lt .10 101,111 ‘ii 105t1+0t1 A...s1111.20 20-1; 1111-1-79 A... 1- Tel 1:11 1:111 1051,4133 +151 Am Tobne 81% 81% 37% 3700+ 55 Ann Cop .. 11101, 101/. 10% 1001+ M1 Atchisou “lililysill ‘D815 no 44v‘ 1.111 Auto .125 121 12111111001 +214 11.1111 1.11111 . 11% 0 8% 914+?- 1111: 011111 . :12 1121/1 31V» 112 + ti liend Av .. 10 20"; 13711 30% +1751 111111 Steel 28011 20011 we 2019+ ‘k Briggs . .. 101/. 11 101/1 1101+ M1 llyers .. .. 1851113 a 15% 1350+ 55 (‘out 011 .. 1V1 1% 1% 7%- (1 1'1 0 Ale 11101. 181/1 18% 18%+ ‘A c Pacific . 101v, 101); 111v. 1010+ 511 c do Pasco 1112/1. 10 111% 10 + ‘A .- n . . 0s _ 01103151111 1111/. 2 00% 11' +1 ch," m, _ 111% 111,4. 101/, 1156+ 9S Coco' Cola .118 l 11B l +4 Col Curb . 47% 47% 45 7% +1 Cons Gan . 73% 74 41% 73711 +15‘ Cont Can 1.. git 817s 00% 776+ 9i .wr111t . -— 11.1 115.1 .. 02v. 112 0211 0211+ 1s i-l Dupont . 02 "1 14% Elec 1' s11: gig-é 157.1 15% 10%- 5i F Nat .. ~ " Fox r1111: . W. ‘I i! 1 +16 l-‘res Tex . 0% 9S 19% 20% +195 111-11 Aaph . 15% 10% 15% 15%- ‘K1 1:111 111cc . . 301/, 20% li1+$t1 1.1-1. 11111 211/1 ~15 97% 2770+ "/11 1.11;: nah . 201/, 21 20% 20'.‘ + ‘A tlranliy’ . . 21/: _ (lrlwbY 1 1 _ 11.5. on .. 21w. - 21111 2s +111 liud M0 .. 3 131/; 12% 13%“ 5S 1111 1111111 . 321/, 3111/, 021/. sav.+_% 111: x1111.» 10 10M. 10 1051+ 111 111:1 1111 1111/, 1111/, 111 1001+ '16 .lni111s M1111 001/, 3i‘); 30% 3150+ $0 Ks C South l‘. ' - ' Ken Cop .. 101/, 10% 15% 157/114- K 1.0111 (‘o 3.. — 1.1 sly — 1.011111 inc :10 110-11 1111/, $014+ '16 1111c Tin P 1'15 1101.4 on 0054+ if + M + 111., + ‘Y1. +111 + $6 + ‘A + 5i +1 +1011 + 911 + ‘A . + 5i Safe Stores 50% 51% 50V, 1101+ ‘£61 s 1101-1111111 421/, 4111/. =1’, 42A + ‘X1 Sine Corp 7% 7% 71/, ‘Mfi-I- 1A Sim (‘o .. 12 — s Pacific . 4:113 41% 42 4414+114 South Rail 10‘ — S Brands .. 15% + 5i: s 0111' r111 an 31w, 11:1 3:101 +11/. s n 11111.1 311/. :111/, 111 :141/,+=y, Studebaker 151,6 151/11 151/, 1510+ V1 ‘Pcxus Co .. 10%; 10V; 01/4 1014+ V1 Thu 11 a . 211/. 211/, 211/, 211/_.~ 1/1 11 c. 1111111 : as :11 1:111/,+1/1 1r 1-111-1111 .1001/.1001/, 011 0s -21/, 111111 Alr .. 10% 110;. 10% 1004+ v, i'nit Corp 1:114. 1:111. 12 1214-15 u 0 I -,--.-2:1~v. u. 2214. my,- u. 1r ‘s 1' 1:111, + 114 +1111. + 7t» + % lvest Eieo 40% 40% 38% :10 -1% w11111 Co .. 1111/, 112- 1101/, 11201-1- 1x. \\’ortb P .1200. 110-1 20 :10); +15; Y ‘l.’ Coach I ll —

(Canadian Press) N

COTTO

NEW YORK; N. Y, Nov. 17—~Cotton futures closed barely steady: bids: Jan. B42; Feb. 051; Apr. (i118; May 677; June 081i; July 000-01: Aug. 105: Sept. 113; Oct. 122: Nov. 021i; Dec. IEO. Spot closed steady; 11111111111111- 040. _

Liverpool z-Coiton, spot quiet. Prices l. point higher. American middling, good middling fiiil; good middling i121; strict middling 110i; middling 481); strict low middling 470; low middling 401i‘; strict ordin- ary 446: good ordinary 410. Receipts mire 11,000 bales incl11dlng 10,300 Am- er can.

SUGAR

NEW YORK, N. Y, Nov. 17—Ruw s11gar was e little easier ‘today under more liberal offerings, while demand continued light and of a filling-in character. The only salo confirmed was 10,000 bags of Cuban from store to a local refiner at 3.31, hut thero was more available at this price.

lteflccting the (lccline in the spot market, futures were easier, closing at net declines of 2 points on all po- sitions.

The day's business amounted to l0.- 250 tons, including considerable ex- changing from the December to later positions. Dec. closed at 1.25: Jan. 11nd Mar. 1.233; hlny 1.21; July 1.82; Sept.

E I‘ a .5

The Montreal ‘Stock Exchange

(Special to Johnston I Ward) stock. (111111 lI-l‘

11111|I111y|Ln|t Abitlbl .. .. in Bell Telephone .120 130 120 100 Brazilian ... ... 12% 18 12% Iii Build Pro A ... 21 B C Power A .. 28 Can Car Fdy ... BIA BIA S S (‘an C Fdy Pfd 11% c1111 Cement . .. e 81,5 s 81/1 Can Cern Pfd .. B0 80 10% 10% Can lnd Alco .. 2 Can Pow Pap .. 10 C Pacific ... ... 18 18% 1B 18% Conn hl Smelt . 1B 8i. 18 80 Dryden Paper 8 Do Bridge .. . 2i Fraser Co Pfd .. 1% Gen S Wares .. 8% llow 111111111 Pa .. 414 int Nickel .. 11 11% ll 11% Massey Harris . ii lilo-Front ... ... 10 l0 (W. 0% Mont Power . .. 38 38% 38 38$ Price Bros .. av 211 Que Power .. .. 20 Shawinigun .. .. 83 Stoel of Canada . 21

BANKS

Commerce .. Nova Scotis .

i l Grain Market

(Canadian Press) NEW YORK, N. Y., Nov. Ill-Bond- ed wheat closed firm. High Low

so ".1.

Close Dec. . . .. 03

May .. ... .. 00%

CHICAGO, llL, Nov. 17-—Corn acted as drum major of grain price ad- vances today. Heading the ysOCEIIlOll with n rise of 3 colts a bushel, corn responded to new! that farmers throughout wide areas west of the Mississippi were without adequate feed supplies, and that prevailing prices in more fortunate sections were apparently no incentive to induce n larger movement of corn to primary centres. Corn specialists said the 103i. corn crop was below the average yield1 and had followed an exceedlnglynhort one last season. and that the market results were now taking effect.

Corn closed unsettled 295-205 cents higher than yesterday's finish, what 105-215 up, oats 954/1 advanced, and provisions varying from ii cents de- cline t0 1 cents gain.

W INNlPE/G

WINNIPEO, Mam, Nov. 11—llenevr- ed strength at Liverpool was reflect- ed in brisk upturns in wheat futures on the grain exchange hare today. Prices at the close were 2% to 2551: higher than Monday's close.

November closed at 00%, up 2%; De- cember at 00% recorded a similar gain while liiny and July at 10% and 71% respectively each chalked up gains of 2% to 21/, cents.

From n one-cent advance early in the session all wheat futures shot ahead to mark up gains of 2% cents at the high points and finish frac- tionally lower for the day. Local buy- ing accounted for mast of the last- hour strength, while comparatively light offerings made it easy for values to climb. .

Volume of trade for the session was quite appreciable with the late activ- ity a big factor in swelling the num- ber of transactions. Cables from Droolnhall intimated that while Can- adian, Argentine nnd United States exporters had raised their prices, the Russian and Australian shippers had offered at unchanged levels and a pause in mlliers demand had resulted.

Cash wheat, in fair trading, closing nt ‘ ’ ’ Coarse grain trading was confined to outs and barley and values were sympa- thetic with wheat.

Oil l 0V. f C. '

Wh t N’ 00 t

May 1011s; July 11%. a l‘ o s“ Oats: Nov. 3455B; Dec. 84KB; liiay

37 to 81% Nov. 441,411; Dec. MKA:

Barley: May 40%. . CASH PRICES Whose-No. 1 hard. 10%: no. 1 nor., 08%; no. 2 non. M)‘: no. 3 nor., 00%; no. i. 51711; no. s, 51%; no. d, 41%; feed, 461,11; track, 07%; no. 1 durum. 88%: screenings, per ton, 50c. 0ntn—No. 2 C. W, 84%: no. 3 C. W., 31%: ex. 1 fend. 315g; no. 1 feed. 805$; of. 2 feed, 20%; rejected 2M5; track,

Ilnrley—hl'altin¢ grades: B row ex. 3 C. W.. 50%: 2 row ex. 3 C. W., 40%. Other grades: No. 3 C. W., 441,‘; no. 4 C. W2, 42%; no. 5 C. W.. 41%; no. 0 C. W" 30%; track, 44%.

1.31.

Refined was quiet, with demand light and limited to nearby require- ments only. Prices were unchanged at 4.50 for fine granulated. but there were reports that some of the south- ern refiners were allowing discounts of 10 points, in some territory lend- ing to expectations of a general de- clinalin the near future.

‘Montreal Market Sidelights

v (Canadian Press)

recovery i11 wheat prices 11nd a re-

sumption of a forward movement i11

Wall Street, following n week of sag-

ging values at that centre, influenced

n better price tonc in the trading on

the local exchange in today's seasion.. The chief characteristic here, however.) was extreme dullness nnd trading in-§ terest for the time being has reverted. to the low ebb of a month ago. lie-i fleeting the better trend which devel- oped in New York, the three interlist- ed stocks, Brazilian. International Nickel and C. P. R. all recorded frac- - tlonal advances la light dealings hcre.| Nearly all price changes here were of a narrow and meanin variety. 'l‘he public following of the market is once more in a waiting mood. but, having in mind the very important improvement in sentiment any con-l structive development o1.- develop-.- meats.

MDNTREAL. Que» Nov. 11-li‘urther 1 m

MARKET GOSSIP 1

(n; John L. Cooley, Associated Press 1-11, 11111 former helped by 01001-10001" Financial Writer) 0f grvtltcr manufacturing activity. the NEW YORK. N. Y.. Nov. :11-Steffi lfllH-r l-y i111-reascs in gasoline pricel- raiiied quietly in the afternoon trading '|"\\:1s, l‘11r|1,, on which the regular div- today and the averages closed higher 1111-1111 111111 declared, rose a point. U. r the first time since November U. IN. $11111, 11111-11011, Allied Chemical, Du Gniils were moderate, 111B! 0i’°l|i_'1"'"’- cancelling yesterday's losses. There, was not much spirit to the advance. but the fur-t that rails were able to recover early declines encouraged thoso- Will) had iwcn feeling that the recent reaction was running o11t of steam. iloubtless the new advance in whcut and corn, which the market 181101011, on Monday, was a factor. - New York Central, Union Pacific. Rock island and Southern Pacific sold at new lows in the first hour and 11u- meroua other carriers aaflked a point or so. New York Central, after dropping i" 30%,, rallied n11d closed with u small

S A

1'111:.-11lid11tcd Gas, Aluerlcau 81111-111112. 11111-0 Coill n11d Bendix fi11- 1111111 111111 gains of a point or more. .\|111-|'i1n|11 ‘telephone, with a dividend 1111'1-vi11;_' 1-1nnl11g tomorrow, sold off n D 111.1111 1101i than rallied, up nearly 2 at tin- l:1~1, Westinghouse was $111111 10111i|cd 1,010,800 shares.

l-‘1»r1»"'1 exchanges were rather heavy. 3.

' ' 11nd Mexico rates dropped 1

si \- r_:1111I the Jupancso yen weaken- 1-11 ' ;- was heavy and the French

i'1'i11'| .. gravel],

\\'lI\'l‘ 'l'llE STOCK MARKET DID:

Considerable interest attaches in the street to the resumption of nego-~ tiationl in the newsprint industry.‘ looking toward s consolidation of tho- leading Canadian producers, under thei chairmanship o! E. W. Bestty, head' of the C. P. ll... and influenced by thei various banking interests identified. with the industry. A committee ap-l pointed at last week's meeting is now engaged in the consideration of the various factors which would enter tn-I to the creation of such a combination,‘ and active negotiations, reaching to-I ward a determination of a fair bnsly upon which a merger can be effected,. are likely to be resumed in the near future. Both on account of the chnotici condition of the industry and because: of the influence bcing brought to bear from banking circles in tho present parleys, there is general feeling that the present effort will mect with suc-' cess, and out of the present unhappy situation will arise a soundly conceiv- ed unit to stabilize the industry. OTTAWA, Ont., Nov. 17—(By the Canadian Press)—-The total area cs-. timated as sown to fail wheat in Can-. ada up to October 81, for the seas1l1 of 1082. is 518,400 acres, the bureau of statistics reported today. This com- pares with 500.445 acres sown in 1930_ for the 1031 season, representing a de-v crease of 42,045 acres or 8 percent. i

The total area estimated as sown to, fall rye for 1032 is 530.000 acres, as; compared with 508,511 acres for 103i. a decrease of 50,511 acres or 10 per ce

. 1 For Canada, the condition of fall

wheat on October 31 was reported 1|: 105 per cent of the long-time average yield per acre, as against 100 per cent on the same date in 1030, while that 3f fall rye was reported as ill against For all Canada, the proportions of land intended for next year's crops that had been ploughed at October 3i. 103i, is estimated at 40 per cent, as compared with 30 per cent in 1030 nn1i 46 per cent in 1020. By provinces, tho proportions in 1081 include. with the eorrespondin figures for 1030 within brackets: Pr ace Edward Island 70 (60); Nova Scotia so (32); New Bruns- wick ‘l4 (72).

MONTREAL, Que, Nov. 17-(By the Canadian Press)—\Vhile a recov- ery i11 the wheat markets and n rise in New York brought out a better feeling on the Montreal Stock lllx- change today, trading showed no in- dication of departing from its recent dullness and barely over 7.000 shares were sold. Ten stocks showed gains and 7 losses with the changes prac- ticnliy all confined to fractions.

The three interliated issues, Inter- atlonal Nickel. Brazilian Traction and Canadian Pacific. scored fractional ad- vances. Nickel! minor gain was tak- en as an indication that the market had discounted tho dividend cut nu- ‘- yesterdny. ,

Consolidated Smelters resumed its interrupted climb by adding two points at 80 in face of an irregular trend in sliver quotations. Cockshiltt, Abitibi. Canada Cement, Massey Harris and Winnipeg Electric were other issues to show moderate advances but no par- ticular significance attached to their movements. Small lossea were shown in B. C. Packers, Canadian Cur Pre- ferred. General Steel Wares. Howard Smith, hlcColi l1‘ ontonac and one or two others. .

Total sales were 1.138 shares as com- pared with 8,ii22 shares Monday and 20.508 on the unresnonding day of

last 10111. 81,500, the market

Bond sales were being without feature.

Sterling closed at $4.106!) and Unit- ed States funds at a premium of 11% per cent.

Hiccoughs For Eight Days

1

MANSFIELD, Ohio, Nov. (G ’ Pl‘688)-—Il‘8_ A. Kinfl’.

17.-

nnnncnanlnr

146 Richmond Sh,

‘nun-nu.-

assures you of the best tlon at moderate prices. F. A. BOURKE

Phone 1331 100111-1141-

111-1-11111t:11~1-s1.-.

E. R. Baow;

Fire,‘ Life, Accident, “Sickness and" Plate Glass Insurance at Lowest Rate.

Agent at Summerside, Lloyd Lewis

Foxes Pelted and Furs Cleaned

Our Modern Well-Equipped gPelting and Fur Cleaning Plant with experienced, careful workmen using the most up to date methods,

All pelts covered by lnsu rance.

BOURKE and LUND

Corner Great George and Kent Streets

sun-..."... n-"unuunsn-

Charlottetown

of service and satisfac-

GORDON LUND

P. O. Bo: 118

Mr garage operator, showed little change today as 1111111111111 of hiecoughs that started eight days ago continued unabated ‘ " rare medical treatment. Hundreds oi’ telegrams, telephone calls and letters suszestlns meth- ods o1 curing the hiccouglus were received by his family but none of tho methods thus far used has af- fected the ailment. ‘ King was in fair condition in the hospital. 111111111, a compuratlvelv rare extract from the 1011100110111"?

and dairy market hero today.

a cent at 21% cents n pound. To re- tallers solids at 23 cents and prints "i101". i011 '-’l u. -1 ceipts were 1111i boxes. day. cent at 10% to 10% cents a 11011111].

Choose at ten cents a pound was sold at one country cheese hoard today n11d

Large Production

ndian 1v1-1111.>r11 no. 3 . 1 Al; flour, spring patents, firsts 5.10-5.20; flour. seconds 4.50-4.55: flour, lmkers 4.40-4.45; flour, winter whcnt patents, choice 3.20-3.40; ‘l white corn 4504.80; bran, ton 2 ‘ nliddiings, ton 28....1: bug 00 lbs. 2.10; 1-nr lots cilccse, O11- ldjij; cilec-ae, Quebec .li)',{,- r. i111. 1 finest 211/4; eggs, specials in cartons .00;

fresh extras i11 cartons .55-.5(i; fresh firsts in cartons

storage extras in cartons storage firsts iu cartons storage seconds in cartons . taiucs, (Jucboc, SO lb. ling

quotations were lower a|1d pot11to prices held unchanged on the produce

Eastern townships no. 1 pasteurized butter, in cnrlata, gained a quarter of

at 24 cents were both unchanged. lie-

Cheese prices took another drop to- Ontario declined e quarter of a cent at 101,11. to 10% cents and Que- bec lost n11 eighth to a quarter of a

(‘glfiL PKKS, . l‘ 01:211. CRIB. z 110-

it is expected that ten cent cheese

cents and secondstwere quoted at 25 .- to 26 cents a dozen. Storage extras, in carlots, were off n cent at 21 to 28 cents ns were firsts at ‘Z-l ta 20 cents while seconds hold steady at 2i to 22 cents a dozen. Quotations to rc- tnlll-ria were unchanged an1i receipts 2,000 cases.

The potato market ruled steady. quotations per 80 pound bag being 371 to 45, cents fur Quebec whites, 60 to 55 cents for Quebec green mountains and 55 to (l0 cents for New llrunaivtck green mountains. Prince Edward ls- lun1| green 1nountains,'pcr 00 pounds, were (i0 to 10 cents. '

(Canadian Press) _ NE“! YORK, N. Y" Nov, ltl-Jutcr.

reportcd for the third quarter not reo- cnue of 80.720300, coluparcd with $0,- 724,110 in the corresponding quarter of 1030.

After deducting depreciation, interest, dividends on preferred nnd minority common stocks of subsidiaries and all other [xrinr charges, the balance add- ed to surplus i11 the quarter was $204.1 207, compared with $014,814 iu the quurtcr last year.

. R. Grcustciu, president, in his report to stockholders said earnings for the quarter showed the usual sea- sonal dcciincs "in our business, ac- centuated this year by the uns. isfnc-

railing during recent months."

"The outlook for earnings is good," ho added. “Marked seasonal improvements should appear.

In Rolling Stock

subsidiaries reduced salaries and

OTTAWA, Ont, Nov. 16. (By the Canadian Presm-Production in the railway rolling, stock industry’ in 011151111, during 1930 was valued at

fective Sept. 15. Progressive increases I11 111iil efficiency c1111ilnue us a cnn-

cd not earnings for the month of Oc- tober 11111111: are alumst double the 52111297 earned during tho third quar-

The output in 1930 was fr0111 37 firms of which l5 were located in 0111111111, 1o 111 62110090. 4 111 M011" toba, 3 in Nova Scotia, 3 in Alberta. WEILESLEY, Mass. Nov. 17-Can- 1 in New Brunswick andl in Prince adian Press-The first clue in the Edward mamt strange disappearance of Rosemary Total wgpklng capital repvcsent- Palmer Gliding, 1'1, daughter of a ed was $95,785,640. Materials pur- London, England, banker, came chased for manufacture and re- through the mails today. Professor pap-s totalled $60,289,445 and ssl~ and Mrs. Hamilton C. MscDougell, “m! and wages totamng $37,535,- from whose home the zlrl disap- ooq were pgid to an average of 25,- peered Saturday, received a letter 9n people’ from her today saying she had be- come homesick for London and was going there.

I ‘t Police throughout New Ilngland F U R i’ had been seeking the girl while ‘Wellesley authorities were carrying

1 -- on what appeared to be a 110081085 search for clues when the letter ar- RINGMved. It had been postmarked in Boston at 12.30 a. m., Sunday and had obviously been written by the (Canadian Press) girl before or soon after she leit_ L05 ANGELES, Calif, Nov. l'7-— the MacDougail home. The Mac- Now comes the story of the P1111115‘ Dougolis declined to make public er who went to his wedding. $0189‘ the cniirc letter but said the 8111 his ring and had to go back aftaerwroic that 11111111111111111111111 and n, ihomeslclr 111 weneslev and was John Warner, the plumber. 011d‘ leaving for England. his intended Verencis Marv o"; The passenger list of the Cunard sheughnes-y stood before u slum" ‘Liner Laconia, which left Boston at ior court Judge before it was dis- midnight Saturday for England. covered that Womer had forgotifln failed to reveal the girl's name and the ring. Making excuses, he took a radio message to the captain 01' an hour off, went after the bind. the ship brought the answer that