- lllllbil

D14- 1

YES TER c

D .

5.11. Stock Exchange

A e

i lions fnrnhhed by Johnston ‘ and ‘Ward members of the Mont real stock Exchange, Montrea Cnrb Market, 156 Richmond Street, Charlottetown).

' ltockl 0|lQ5Q|l L"; r ali- Red 1101/, - Allied Chem Illl Allis Chaim 14% ~ All m: . . 249g " Amer Cull .. 108%,’, A111 Car Fmlnzl 161,4, , Am For Pow ill; Am Loco 16% Am Pow Light ll Am ._ 14"; Am Smelt ltfg 30% Am T01 TF1 102']; Alu Toh I-N 82 Anaconda (‘op 1117,’, . Atrhisou . b2 ~72 'Aul1uru Auto . . . . .. 241,3 241,5 Iialt Ohio .,,,, 13 Ifl f Ilnrn A 0% tl 'll-'u Avlalio ... 15'»; Jii-‘il cl . . 1;, . 2.5;, ' 111i. 11% 11v, M 3117! it'll/y ’~ Piles . . . . , _ 433i. 71m- North . HA i Fhryslor Mot . 381/; Halumiv Carl» 11 , um 1r 41,; Foium 7' lam Sol 2i, ion (ins 19% 'o11 Oil 75,’. 1'00 (‘fin B11’; . l‘urn I'm ti‘: Del 40%; ill i Dllpollt .... iliilfi f Eastman Kodak 111 Elm Auln _11“P (‘o 2015. ,El1.~c. Pow Light. . . ‘J First Natl Stores n6 Iireeport Tex ‘Jill/Q 15%| 15% 197,1} 19-1’. 3t 33V. , 311.’, (ill/J, 17% 111.1. Goodrich Rub . 10 10 llrnhnm Paige , , oodycar Rub ..._¢..,, 22!’; 22!}. rent West Sugar ... .. 271A 21% url Mot .. 11% 11M 36% 172% 521/- 16 16V.- I ‘ 105i dquid (hrb ,. 39% oswn Incorp :14 Loews Incorp .,_ _. 34 Loose Wiles Bla .,, 8.7%.’, 2B4’, .. 1,4 901/, 3% “i2 ‘A: ffi. is i. -.- v- . ",3 3691 “all Dairy Prod 16% 161/; atl Pow Light. . 7 1 New Haven 0% 0% New York Con L . 20 191/, Yfvflll ADC ... n"... 11ifi 121/ 1 10¢ . 4% 311' 25% .14 40V; gill ‘i 13 1 4M5 531/1 ii 13% 17% 15 18% 4% 20% 42 8 8% Q‘; 2 2 ands o ., ... "u. 30 30 z f ,,,. ... an a2 32 101 4st‘. 2% 12% tau 161$ 122% 35% 18% 4% 3% 8244.1 33% . oolwo 51% Yellow k 31/‘

An iamarlean film magnate is said N be worth 10,M0,M0 dollars. He van wart bk stars for that.

"Where's your pencil, Alf?" -"Aln't got one, teacher." "How many times have I told you hot to say that? Listen: I haven't one, we haven't gotone, they won't got one-J‘

MT’L. CURB

(Johnston and ‘Wnrfl)

Mocks Opened Last Abltlbi .,_ ... .,, 100 Assoc Brew . 13 Beauhlrntrla .. 6% Brew Corp Pld 214k Brit Amer Oil 14y, Dist Seng 14 Dom Eng War-kl 10 Ford of Can A .. 11% Imp Oil ., 10% Imp Tob . . . . .. I3 Iml Pet. . 31 hlelchera A 101,3 Norandu 3275 3325 “Ullkcr Good Pfd . 16 lfl lvaiker Drew 415 Wright liar ._ 351)

Miscellaneous

(Canndlnn Press) MONTREAL. um 2al Wheat nor nu 2 8i,

f‘ ll‘ no ll til.

6 Flour spring wheat patents firsts $5.40.

Flour B‘J('OI\I1S $5 00.

Flour linkers $4 00.

Flour winter whcnt patents choice

$4.50 to $4.00.

Flour while corn $5.80 to 8.’: B0. Iirau ton $28.25.

Mlddllngn ton 883.25,

[lulled cuts bag 90 lhs $3 36. Ilny nu L: per Ion r-anlots $16 00. (‘house No l Out 0H,.

(‘hrrsc No l (Int 01,4;

Bultcr no I 204g tn ‘J1.

Egg-a in cartons A 1 large 41, Eggs 1 medium I! A 1 pullcls (l2. A large (l7.

A medium, 1'7. A pullctl 25. Eggs B large ‘J5. Eggs 1i medium ‘:3.

Eggs C M.

Potatoes Our M's 40-46

N B 80's 45-60

P E I 80's 50-66.

NEW YORK, Dec 22~lndex of 15 staple commodliy prices. (Dec 3i. lllifil equals 100; 1020 average equals

Today 151.7 prev day 151 fl. Week aign 1.11 ii your nlrn 123 6. 1N1 high 15112 liliif 10w 120,0. (Copyright 1.004 lav .\loody's). ' (Cnnndinn Press) MONTREAL, M‘. ‘.':i__Silv nroa Saturduy irnriorl tho wcck in the hislury

34.

I-lggla Eggs Eggs

fut- quietest of rile Canadian

i-omnlowlity exchange with n steady tono and prices five to 40 points hirhor.

Ten contracts, involving 100,000 ounces. were trnvinactsd Saturday bringing {he week's‘ tnlal to ‘fr; con. tracts as rompurcd with 201 in the

previous week.

May was the active leader with six lots changing hands. It opened at 54.00 and aft»;- nelling up u, 541g cloned at M05 hid nlzlllnst 54.60 Sat. urlie_y. March with foul» lots sold at 21am) and finished the day at 54.15

Exczgizvcs

(Canadian frees)

MONTREAL. Dec fill-British and foreign exchange ln_ relation to thc Canadian dollar as cnlnpllml ily the

110ml Bank of (fanatic, day as fol1uwa:- Argentina pcso .24i~l’.'. Austlolin pound .'i 8010. Belgium belgn fliiilil v flhlnn Hon: Knit: dollars 4210. France franc .046. (lei-many rrlchslnurk , Orr-at Britain pound 48070. if’ .- 1

clos ed Sn lur-

I-Inllnnd flnrln 0701i.

India rupec .3093. J91 July lire .0847. y’; New Zcaland pound 3 M25, an‘ . Norway krons .2461. if South Africa pound 4.8887. 1, Sweden krons .2525. '

Switzerland franc .3211

United States dollar 31-32 per eeni discount.

NEW’ YORK, Dec. 2L‘—l\‘drs change firm. Great Britain 4-9496; low and close 4 041A: 60 day bun 4.00%; France 41.00%; Italy

ign c1-

?l‘?"‘é.=..i:‘"l.“s'a “m” c»- (Oanadl

WINNIPEG, DBQII riccn

displayed quiet strength in nlur-

day'a shot-t session of the Wlllhlpg‘ lrrlln ordnance. closing y, cent high-

er_

A 1d in alt Liverpool, induced by loss optmlsllc weather reports from Argon-Linn han lllld [i-CYXIHPI] of late, was quickly reflected here. Prices held gains/throughout, Del-amber clca. 111B It 775s, May 82% and July 83% cents.

With country deliveries of wheat down to 800.000 bushels. offerings were light and were easily absorbed hy moderate buying. Advances at Buenos Aires and Ohicngo also were conducive to local upvtvurns.

A heavily-oversold condition in the Liverpool market was reported, with considerable short-covering apparent. Exflort sales of (‘snsdian wheat were

Ma rlz ets A t A Glance

( Press) ronto and Montreal-Industrial shocks higher.

Toronto .‘\fine|—-High1=r.

New o-r-k-Stocka closed higher. Wlnnipe

slightly

of-

’ Currencies

(Canldlmn Prsnn)

NEW’ YUIUQ Dec 2’J—Luad'ing cut- rencios were steady and practically unchanged in Saturday's foreign sn- chsnge markets. Sterling edged up half n cent to u closing rate of 84.94 l/fi. The Canadian dollar at 16-16 per cent premium and the French franc at 6.00% cunts both were unchanged.

(Canadian Pres

MONTREAL Dec. iii-The sterling advanced and the Slates dollnr declined on Montreal foreign exchanges Saturday. Th? pound gained 11-32 of a cent at $4.88 23-33 while the American dollar was down 1-32 of one percent nt 31-32 of one percent discount. ‘Fhc French franc was uni-hanged 11L G54 cents.

Balanced Fertilizer

‘Iihcre are two main factors winch upset the possibility of ever being able to take the results of any fixed experiment and of using them as a basis for a rule of thumb recom- mendation for general application says, hdr.M.B.Da.v~letheDc-m1lruon Horticulturist. in a treatise on balanced: fertilizer practice as an aid to better keeping quality of fruit. The first fa-otor is the varia- tion in the composition and food content of the original orchard soil. and the second is the past treat- ment or history of the soils after ‘hhey have come under the control of man. Instead of judging the results 01f our fertilizer treatments entirely by yield and growth records, it seems fer more reason- able to consider also the quality of the fruit; on th- tree and the keep- ing quality of the fmil. after it has been picked. A large crop of poor keeping frui‘. is of little value to any one. Although the proper dlate of picking and proper storage wndiilimls may be used to in- fluence the keeping quality of apples, fertilizer and. cultural practices during growth have a greater effect. Proper picking dates may, of course iron out some of the Ill results of faulty nuturltlonal trealtmerlt but it ls doubtful if i. the ‘ills dale to bad fertilizer prac- tice can be ironed out in this meme-r.

Visions Canada Singing Nation

pound United

TORONTO. Dec. 22.—(CP)2—— Edward Jchmon, Carwdlvs dia- tingtllshecl tenor, has a. pet. dream, which is to see Canada. a. singing nation and he believes the dream will come true in his lifetime.

To bnlng this about, he pointed out, it would be necessary to have music wablished in n11 the schools, from the Undersea-lien to the university, so the-t it would become a real part of every child's education. and integal pant of his lrfe- He believes this will come. and as a result, expects Carlediams to beoom "s. mlmoally cultured people, with understanding and discernment"

"Your marvellous stunner eon- oerts-I onnlt tell you how rnueti I, as an artist, appreciated than, “said Mr. Johnson, in peyirlg his sincere tribute to Reginald Stewart the eon-charter and moving spirit of the "prom" concerts in ' Varsity Stadium.

Remedial Works Are Favored A

(C. P. By Guardian's Special Win)

DENVER, Dec.-—22—A pair of pri- will be asked at the coming ses- sion to approve the construction of remedial works for meeting the

gag,” 1mm are all the bllnkin’ :31‘ iggguvcfh w! wow» min- v-re-oo-ovo 00w r

Advertising Rates-Payable in Advance

Central Qsarllan locals, As. pal ward; Western and lnaaara loeals, 2s Mr ward: Announcements and Coming lvanta be per wordl Clssallsd

ls. per word: In Iamarlana Notices, 10a per

Spiritual Offerlnll. Cards, 010.. 4e ward. Other rates an application.

RATE-Rs per ‘word, three ilunn far the‘ price sf two, fa use.

Ills! strictly

For Sale

CARDBOARD SUITABII IOI lining outhouau. ate.. Ir per sheet. Guardian Office. ti.

POI BALI — W001) JOINTS! 4b in. long, 0 in. wide. almost new. 4 new Box Blsigha. Wm. J. Scott, Marahfield, P. I. I.

. L-ZNB-li-IO-Bi.

ros. sail - aannwoon av 00M orlot to llllt purchaser. D. Darrach Bonahaw. L-aooe-la-na-u.

inea; Lina of Ilirrll and

Ill nanul lflttern of Condolence, 10a. par lash; Notion of Thanks and Appreciation, 70a. pas lneh or 4c. QC

lllalmannfilharga for any advertisement teeny-flu canto.

Lost LOST-A SUM 0F MONEY IN the business centre. Finder

please leave at Guardian. Re- ward. L-3068-I2-24-3l

LOBT-BCTWEEN QUEEN 8'1‘. and Revere Hotel, s. girl's blue felt beret. Finder leave at Ite- vere Hotel.

Wanted WANTED-CAPABLE COOK I0! “ . Good wages. Best re- ferences required. Apply by let- ter only to ABC c.o. Guardian. L-Ilflbfi-li-fl-Sl

N)! BALI - AUCTION I031‘!- flve, Bridge and Whlat score Cards. Guardian Central Job Printer-y, Nov. l-tf

L .

N)! lALIl-GUIIINBIY GRADE cow, 4 years old, newly freshen- ed, A. l7. Dollar, Broolrfieid.

L-SMO-li-fl-ll

u.

NOIQEIILK 00W 1'0!- BALI- '- . Apply J. h. newts. West Royalty. PU"

Miscellaneous

isc lib-ONE AVU-‘IOK. semi-a. .1». o. Ken- nedy, Southport. Il-mab-II-If-di

Norrca-naalovsn sack r0 old stand. B. Boylan; 188 Grafton gt, __r_.-aoe2-l2-2l_a_1

aromlav ONLY. mas. 1 PICK potatoes with every dollar's worth of goods purchased. Mac- Phee Bros. Prince Si. 1.4000

of low water levels in the St. Lawrence River channel and canals. Filled with engineering 1n- tricscies, a committee of govem- ment experts have been giving the question the closest study since early in May and their findings will be before the House of Com- mons sometime during the session.

Back from the field of personal survey, the committee, it is learn- ed, are inclined to favor the con- struction at varying distances of n number of dams at suitable points below Montreal to within a short distance of Quebec.

nrrnsss oclrrrmlvr on nmvronan ENGAGEMENT ro Mas. ANNA nan.

22.-John began his

NEW YORK. Dec. Boat/tiger, who today duties as an assistant to Will H. Hays, head of the motion picture , ' rs Rlld distributors as- sociation. said hc had (‘no 00m- msrlt“ 0n published reports that Mrs Anno Roosevelt uall, dsughtcr of the U. S. president and Mrs. Roosevelt, was preparing to an- nounce their encasement.

Mrs. Franklin D. Roosevelt‘: to the rumor that hot would marry John ‘Bost- tber, former newspaperman, salt.‘ "You may have heard the rumor. but I never have."

Pressed by reporters for a mun definite statement, Mrs. Roosevelt said with Ireat finality:

"I have nothing to say.‘

She: "And you wont be one of those husbands who raise objections every time their wives want any- thing." ,

He: "Certainly not, darling. I'll let you Want anything you like."

_I_A

the communities

caannowu cu

(‘I1 Johnston and Ward's Ipsslal Wlrr.)

IOIIUKB IAIIET LIIQER

NEW YORK. N. Y. nee 22--Yeliar- day was another quiet day with price changes nominal. There was lean pressure 6n the Iitilities, lbs Rania wars generally slightly lower Whllc tbs Industrial group was firm.

American tfan was s qtrong feature cloning at its previous hfmh

The market has shown little indica- tion to so down and in view of die improvement in business to date and the prospect for a further improve- ment in the Spring lhcre would not seem to he much basis for_ its doing so materially. The market has been rather closely geared to actual changes in business no that a aus- l-nined upturn may await the develop- ment of concrote evidence after the turn of the year.

SUMMARY N-IIW YORK. N. Y" Dec. 23—8wift

and Company declared a special div- idend of 20 cents on Cnpillll stock.

Canada Dry Ginger Ale nc-. da- elares regular quarterly dividend of 25 comm.

Gold Bars 140s Sfid

and B

MARKET GOSSIP

Laldiaw and Company. _

11d. Thomas J. Watson. President of lut'l Business Machine Corp, an- nounces lncreaaaa c! 371A percent in

' pay and from $1.000 to $2,000 ln paid up lnamsnce for Com- pany's employees, said that "so far as this Vompany is concerned the depression in nrcr."

Followln meeting of directors of Radio Cor. it was announced that committee of directors which was rc- queeted to study subject of rcad- justment of capital, structure reported no the f1‘ board. Committee recom- mncdcd against adoption of any plan of re-cupitalizntlori nt_ this time and officers and director‘ unanimously concurred in rrcommcndntiom

iVhllv Motor ()0 and subs l) months ended Sept 3U, net loss HJLZLBW after charges.

Canadian Oar ioudln s during week ended Der 2i wore .307 Lure ag-

ainst 43,4l8 a ncek ago. Riph _Low Lust Up Ind . 100 38 Dfi 00 9D 90 0 31 High ow Last 01f 20 a . 81.12 .09 .06 20 11 .. 17B 16.82 17.06 .07 40 Bonds 06.11. 0.1.’!

Dow Jones.

The Relief Outlook In Canada, Dec. 1934

A Survey by oar Canadian Council

of Child and Family Welfare

The people of Canada may look forward to the fifth Christmas of the depression in a. more cheerful spirit than at any time in the past three years, knowing that. for the first. time the rising tide of depend- ency due to the unemployment has been definitely checked and held, and that the numbers of fellow cit- izens now dependent upon relief are definitely less than the num- bers on relief last December. This is the conclusion reached by the Canadian Council on Child and Family welfare in a. statement on the present relief outlook released f-vdfly. The statement is based up- on an analysis cf reports received this month from welfare and relief oflicials throughout the Dominion.

While Canada's Decembcr bill for unemployment. relief will likely prove to be not less than $5.000,000 with an estimated number of 1,- 150,000 persons dependent on relief aid, while her weekly expense ac- count for this purpose continues t0 exceed the railway deficit. it is

" pointed out that these figures rep-

resent a. probable saving of _$1,000.- 000 and a. reduction of at least 50,- 000 t0 75,000 in the number of per- sons on rcllef as oom- psred with December, 1933. Furthermore, about 175,000 persons. or approximately one-seventh of the numbers now on relief, are sit- uated in the drought. and crop fail- ure areas, according to reports from relief officials, and if the increase in dependency in these areas were taken into consideration. the basic improvement in the relief picture throughout Canada as a whole would be greater.

British Columbia, Quebec. On- tario arld New Brunswick reported undoubted activity in lumbering. attributed in pal-t to improvement in trade conditions. while practical- ly everywhere mining was respon- sible for a marked movement in employment, especially of single men.

Improvement h Maritrmes

The relief 10nd of the Mas-itimes would appear to be cut nearly In half compared with I933.

Wit-h the exception of the drought and crop failure areas in Manitoba and Saskatchewan, and the urban inevitably affected thereby, the relief outlook. as the year draws to an end. would ap- pear to be distinctly more hopeful than at, any time in the last three years." tho report states. Neverthe- less, a. warning note is sounded that certain “incontrovertible challeng- es" are presented in the present picture: "At lea-st. 200,000 heads of families. probably more, are still receiving unemployment relief; and over 20,000 able-bodied employable men are in relief camps, with per- haps 25.00.’) lo 30.000 men tempor- arily engaged in relief works. Them are probabl; 25.000 more single or horneles men idle in their own communities. There are an unas- eertalned number. at least not less than 200,000. youths and girls from. say, sixteen to twenty-five years of 1B9. who are idle, unemployed. and receiving relief either in their own homes, or as "single persons.“

Discussing probabilities for the immediate future. the report draws attention to the fact that. the all- time peaks in Canadian relief were l Belted in April. i933. with 1,501,857 persons dependent on unemploy- ment aid, and again in February and March. 1034, when a little over 1,600,000 persons were so situated. “However. it would seem that the improvement that was first. evinced in the latter part of April and in early May in i933. has slowly but steadily persisted with a heavily

marked but natural seasonal inter- ruption from December to March. 1934."

"So far." the l“0p0l‘l continues.

"the picture is brlilhter. but not to the point of justifiable claims that the deplession is broken. It would appear that we have held the trench that is all, for the first time in four years. The next few weeks will show whether the forces working towards adjustment will mark time. 01' even rccedc. ’I‘herc will undoubtedly be an upward . ovement that may run from ten to twenty-five per cent in relief totals in the next three to four months, due to seasonal unemploy- ment, to the "let-down" of employ- ment alter Christmas business. and to another factor which must not be disregarded in the present im- provsment, namely, the gradual

completion of extensive construction activity under way since the spring

advance. ,

of 1934 and stimulated by the rec- ent public works program. On the other hand, some further improve- ment may be expected in certain centres where the works program will only be started early in the new year.

“However, many of those em- ployed in these works are living on their earnings as they go. They may or may not be able to overtake some of their long dependency on relief, but in few instances will they be able to get anything ahead against idleness if it recurs, fol- lowing on completion of these works. Further improvement, as marked as any yet recorded, will have to de- velop beforc then for ordinary ac- tivities again to absorb those work- ers when the publicly financed pro- gram ceases."

‘There is some indication, umord- ing to the report, that "tightening of minimum wage control and wage conditions in certain provinces has affected the situation beneficially in the reduction of families on par- tial relief, and in the removal from dependency of younger men and women, either living at; home or “on their own."

It is noted that the cost, of un- employment relief is not dropping in proportion to the numbers on relief, due “in large part to the fact that the longer people have been on relief. the more costly does social assistance become." Faultly administration, higher living costs, the increasing pressure for provis- ion of health and medical care, and the serious social problems aris- ing from the prolonged period of dependency and idleness and "fest- ering and breaking through the routine of mass relief" are cited a: factors tending to nmintain relic! costs at. a. high level. The urgcnt necessity m more adequate admin- istrative provisions for urlcmploy- ment relic on other than an em- ergenqv b is is stressed in the conclusions of the report. This would necessarily involve an 1n- creased expenditure for adminis- trative purposes, which. however. would be fully justified by results, it is stated.