"THE CHARLOTTETOWN GUARDIAN p AGE NINE

—--__

U51‘ a1. I932

_..__A l1 _ __,.

TIONS

'1! . o o I‘ O N. B. occupied the pulpit of Prince- v s I‘. m 0

$715,913” OBLIGATIONS DUI will United‘ Ohllltzh both morn- 4- (In/y ljfu 411un1nu- lvrn/ JII\

3113])“; 1p” AR‘ run m; ‘m; event“. August, gg_ The - l 7/; Hum] (I/f/w In I/u Mur/livuw __._. cgngfguflqng were vgfy glad to ‘ ’ f MrAoOFrKt- HALIFAX CAN.‘

y, 11nd the ilet 21:11:“ glilggigwfllll nrlgaslllnlqottlsvgrzgmrlnviz: v lviilehiehillrllrll: tlli-gllllrnfiflililtedthii: cilantro": The m i l H hav~ Mr. Lrockhlrt with them again.

to mm“, u“, (our-waft, mgf‘ar m", mgunxgmggz £1“:- ag“ogg'e;sgl ‘sf; ndvnnco in quoted values on tho loc- . mane“ 111%‘ on o! wm‘ M15! Georgie Philips, Tyne Valley!

Eimem "11 11W" ml will! "Iii W“ 0a 11111111 ‘on m two’ lliontresl llve-. "1 ""11"!" l" 1011"‘! Ivllloll. 141$" pm“ u“ Aawuwd Q" "14 sang very beautifully o. solo, "The

pointed e summit-lee to work with stock 11111-111111 today, including lbout “'" "Ne"? ""P°"1b1° Y" I 4111mm‘ Eleiil-fic Byelem has been strensth- He"; m“ w" Broken yo; Me» .

other rgglnnul group. 1n nglofllun‘ 260 m d ‘so h h m . tlal expansion in volume here lnd n col e. Declines 11 new wage agreement,’ New York Th? .3153 n1111s1°'w'111°1111§m'w111 1"” “m” 1" '1 will"? "flied" "It m“ by m‘ “ma” °! 111* 547-‘ at the mornlnl service.

‘ -Cl1l 2 a 31!! ‘dll l!" h 1:332:11?!‘ plggl- lcrlllrflaflrlgllflulllltdt“ pomu‘ "d Cloud few "l" '”‘1'm"d‘ 6'1"‘ were ngscnrsnrni-lfiéeire‘W251?’112m: trot 529's“) or obnntkm‘ payable in

. st d . G 11 lve br ught $2 i American can 11nd American Tele- 3:515 ywm: ‘(golfinonl “cat "l" “gt corded s gnin of 04 lo l new high for 1933 with which they were (need on,

foo 11- phon t 11,11 n 1 1 2 the recoveryi tn 1a .'r a1 1- 4 1311c. 11281111312111 1101M: 11111:. Cjllliydriallclledc $351113‘ gm “m, “o” “m” ‘“‘“““ m": noticeellally Zillrllhnegeiralllnfl‘ 2- ‘nmmw l“ “*1” ""- M high noon on Wednesday’ Aug‘ “we guests recently or Mr and Mr‘ 11”“ Ramsim M155“ Ham and a fortnight. grnd- solute’! osff ngtou: 01:3 pglnth in: Lamb!‘ ‘fan ‘mchnnd It ‘a w rrrlporngofllrinrlgyggcnxturres were lsllum- The step that mmplemd m!‘ n!” M M155 MUJOHQ Peal-re 01 Mal- Thomas MacNu" ' b‘ Helen Ramsay M‘. James Rank tel_ no ve, OW- l! E - . e¢-_ es ng ouge r_ h h - 1 . re o ore neg ace n - ,_ . 1 - 11111117211111- o: 3.3m-751?2‘43' nleflflc- G““°""1 E19°1PV~K 31151195“- §°11r11w11>?1:1:w§1'1t"1€ ‘$1? x1e‘: ‘Z121, lbe current. forward movement. “wing w“ taken 51181180 15 Whtlllmm“ w” unload m the “My bond" 535'. 4111 01' Hamilton. C11 11nd several of the gonsolldutcd Gns, lnd Santl Fe, c the balance Q1 the 5353mm; m“, 01' matrimony t0 Mi‘. Colin Smith. Mr d M P ,_,_____,___ highs m: the enen motors was oft frnctionally. l; . Elierslie “r119 Oergmqny was y“ - *1“ FS~ oter G. clan; _ p in 20%. find vivl- w)‘, m ~__ ur y of General Gas s; nectrle I ' " were motorists to Malpeque on M“ M‘““=’“"°‘ ‘Wies- st- J°1mi ‘up 4 ‘g5: u e stock market o? . oo,.po,.mon w“ me," Jun hem" armed by Rev. C. Robertson of Tyne sunda)“ N. B. is the guest, or 1m- mm; Mm lliviflii- ' Number of advances .. .. Ml$Cellafl30u3 l1118. 0n August 12, the nnsnem; 5g vflhi" “med by m“ 0- J- 5k E. H. Ramsnv at the wit... 1n .1. m be“, Anne,“ m, Number .1 declines 11" tl-fiilitiivo note Lsgng o; slam, Cilir Jeans of Piosyterlan Church, Hammom " _ mud Eamon Gomomlon w“ war Summerside and tool: place in the , (cmumu m!” pletflh Presbyterian Manse in Summer-

‘crlrlzislc ma“ m" ’ no)"; m Stocks unchanged .. . MONTREA,“ A“. .,,,__B,,,.,,,y_ Cub The largest maturity In wmpnr side. The couple were unattended.

15s TERDA Y’S STOCK AND BONE Q U6 TA

{v11-

MARKET _ GOSSIP p ’ E n c K Montreal Market .. »~,-,i;,»,.»,1.-:-.;--* "- a1-:;..111~.:.. i: .1111 4111-1. 11:11:11.- M R K E I s “laugh” A“ ore, up more than l point to 11%,

"Debts Paid By

MALPEQUE Associated System '

Rev. E. M. Loclshert, Antigonish,

lo-Buccullvo but it closed st 1U up only l minor e ltoclt 1nlr- fraction,

e of renctlon- There was l lute filro up in some lboudoued lu of tho eastern railroad stocks, per-

(clllflllll Press) Further irregularity in Wlllfltreet (Clnldlnn Plell) with a general heaviness developing ILIAAM B

h TLEY LIMITED A ER 0R I’

1m. and Mrs. Vllliers Carr, st. w°°d“d”- ‘M1 “"1 M's‘ "m" Eieonors, and Miss Austin, Toronto Ramsay’ M155 Elizabeth 311d Mast"

llt,

The few sales mldo on hogs were at 85,25 to $5,110 for bnconl, butchers and lights of good nullity, fed 11nd watered, with $1 premium per hog on selects lud l cut of 82 and $3 per hog off hesvles and extra heavies-

Sowe brought $8.50 111111 son. MPS- P006 Beer is the guest of her

parents. Mr. 11nd Mrs. Roert Mc- Nutt, Darnlc-y.

Messrs. George and Wesley cmz.

‘gm- 10.12, but lost part of Total issues trnded . . . ' , Miss lviarjorie Crozier - o lulilm “oatcrn. ha. 3 .14‘. Outs, Cnn- M!‘ 5 m.‘ w t l" - were 1'9 Foreign Ervhange Montreal 11'". ‘l.“P";1:.‘.“°..f...-r:x3211 ‘as:- ‘“ "i m" N" “ma” W m“ .... 31...... “i. “..i°ll°°‘...§“i’.‘f’ “v M C» cork i»: 11.11.11. w“ motorists w chino-own- - ' ,,,,',_ £131.’, ism-Flo“, “Con,” mo, Electrsc Association (which is one much mud by an who knew h: Iondon, England has been the "'\"— SIOCk 5111321111‘: ‘$1351.. o‘ the two major unit's o! me M- Mr. Smith is o. succesful farmer Quest of her son. Reginald Clark Mrs‘ 6°01“ 310N111 51010016 15 cnibqififinlyrxgéi1111151131111111110152; I gfili-fli, u?“ 23.‘ lgafinfl, “"1, "£351 socmted system) was the 541460-000 and fox rancher The happy mu :11‘. the home r11 M12 and Mrs. Chnlr- the mm“ of Mm PM" 34119111115- 011 - - ; , .- - - "*°1""'K° i" \‘"1"\1°" 1° “i” Cilllmlifl" Q t t’ i 25; 11611111 0111s bug 136 13E“=».11<'>'§'1ny note “we of New Beam“ a” a‘ ple will reside in Ellerslie A1 join ks Lockhmt‘ for u“ past week‘ 1 - ‘q 1:111";-..."'..1:"1:*“:1..';1 ....:1; .3111: "° ‘1 '° " "9- 2'. P" chm.- W» Linls-mwnrhs- no»- ... ...... .1... ...... ... 1 M Moi-d 1mm onto... M1 L“ Damn 51ml . Ontoros 10141-105‘. Cheese, Quebec: due June 15‘ 1932' were pa“ at mn_ pp ncss. about two months ago to visit a a yew days Yecenth, “suing ‘Mend:

1°“! .oo1/-.oo1/~ Butter No 1 finest p114- A'"°“"“‘ m" 011m" Essa, frflesh specials in cnrlone .1155 nrlty with funds obtained from son, Desmond Clark in the Annap- l“ Mwmgu“

1 Slmrn

(‘1111111111 A .- (‘orp 1. .... llelln V0 .- Oil 1A4] one 11111011111 . . . 11111111011 . . . 1 of lull ..- | of lion .. 1 Pow A .-

Montreal , Curb Market

Hlgblmw Close 5%

5% 1k 15

fl .-

(‘holu .. .. 0'1 .. .. .. Tolulrco .. 11111-11111 tilt-a A -.. 115N011 l1 ... Rnhvrt (‘n

c! .. .. ..

111m 1n Pfd

treal Market

Aug 710-(831 Thu

r111.

lcllilnlllly‘

while sprclnl

more sulistnntiol

flpprullrhuil that of the host last u‘:- .

lesnos were ln the limo-

rrrinus high ni 58. lpolnts, Bruck Silk reached hat 111,4, up 11,5, (he were also established by c111- prolr-rrod and Cannon 1| pron-rm] nt 17%. up 2, ll, up l-l‘. rt-sportlvcly. Sim-kn, lib tho oxceptlnn n1 Power, were strong. rvornrion at l6 and Bhswlnl ‘ at 10% gained l point bee Power was 5i higher nt rr-nl Power sold unchanged 11% 111-Nor port of tho. nes-

11111 lulu liquidation in the (l3

M111 inst n point tn 715,

nooks gaining 11 point or 111111111: 1111-1111 grllrl up 1% C111l<1l1n (‘or Common, up 1_ Flnnrin wire and cables B, 1.3, (‘nnsnlirllled Smokers, up iii. i-nwrenra Paper prefer- ul 1i unll Nntlonnl Steel "'1 nl 1‘ i111 Pnv-lfir ut 1ll_ lutcrnntlnn l1- 111111 llolnlninu Bridge (‘zmndn (‘vmont nt ii and oth- e frnrllnnnlly hllzher, Small were lnrnrrcrl by general res, .\l1~r'nl1 Frontenac, ‘No- ron-orlv-s 111111 Dnmlnlnn Steel. “'0” 11111", llnnlrenl Power m 11111 “i 1.» ' M11014 unrr- bonds. I "Mo! u 1:1 1111.1 anti New 111" "l 13 llor rent. premium,

ROUUCE p

511-111;. .1111- 80—(By r11. m 'l"~‘\—l"oselb1llty 11m m"? ‘"1"! lo import butter m] ulilhe to smnll stocks on wmu-‘h 162118 production, ls I ammnill _<'r dvnlevs bore. To- ot it ‘_'k“'“°"l 11.1‘ tho board u“ Int 11 held 111 Mcntronl m" 1f "““1"‘i1 1i! the trade, 1 "$111k" loony was quot- " h“ l‘ i cent line for 11111 111v n M1’ l‘ ‘lmhny “MM lllfflflnlll dny, Sumo prim; “lmlrflilfltlngzbflfillt in. Ilmhnqrt In" nml may muws llllllflflhcpd “m; .::1'."".::"- "M" "~- 1- =~-' fiffilTl-"iflw-[wzrnféorwgollds and ham‘ To nglln

.11. l-l shnros and

In k H3511‘. 1.11". "1222112" :2 “W1? arriving stock‘ ,"11'*'1"‘1. "P" quoted in M Ifllit 28 to 710 for extrll, Wm Frets nml l4 m 15¢ (u; ‘hreovcrl held stock w“ u m‘ Jill under the nbgyg “hi1: élslvlmone lctehnt cheni-

w lirlcell, ' ‘mum’ lmmlnnlly u l, _

111W lor 0ntnrlo‘l":n:ln‘l;§2 1 °"°1"‘c e. Receipts w"; ' 7P1» n litllc firmer vlrl. “1117 lmuolnlng may’; _ pf". .11 butmwk m" " "i1 c"!!! tho Mo! quality wls

0P!" hum!" 1'" bnr. for new A

‘Qglmml’ handin- nlhtigllilll: 1101-11111 on "klwunds hsnd the orisinal old

_"""" wane: 11mm. ., l

Austrnlin pound 3,1203, Austria sohllllnl: no rule. Belgium holim 0,1551 llvnzil milrels 0.01155. llulgnrin lev no rnte.

Cblnn llong Kong dnliurs 0,2691). (‘zechnslovnlrin crown 0,0332, Dcnmnrlt krone 0,2010. Finlnnd flnmnrk 0,0174, l-‘vnnce franc 0.04710. Germany relchsmnrk 0.20071. Great Ilrllnln pnunrl 71,5000, Greece (lrilcbmn 0,0072, Ilfillnnrl flnrln 0.4507, Hungary pongn 0,1000. Inrlln rupee 0.2051

I001)‘ lire 0.0574,

Jnpon yon 0,2032. Jugoslnvln dlnnr 0,0103, ' New Zenlnnrl pound 3,5370. Norwnv krone 0.1052. Poland zlotl 0.1208, Ronmnnls leu 0.0000.

South Africa pounrl 11,8028, Spain pesetn 0,0000

Sweden krone 0.11107, Svvllzi-rlnlid from‘ 0.2108, United States dollar l2 per cent.

premium. EXCHANGE

NEW YORK, Aug 30——F0f't=lgn er- rhnnge ru-gulnr‘. lloninnrl votes: (lrent Britain 71471/5- Frnnce 71.01%; llnly 5.11%: Bolsiu 13,8015‘. Germany 23,- 7710; (‘nnndn 30%,

Grain Market

“WNNIPEG

(Canadian Preln)

\VINNIPEG_ AuE illJ-Jfhe when! market's advance to higher levels rg_ ceived 11 temporary setback today '11s traders moved to tnke profits, A dis- nppolntlng export trndo will n con- tributing fnctor 11nd vnlucs closed ‘V; to M lower,

October finished at 57; December at 5S1»; 11nd May nt -.

Pit trmlv throughout was com- pnrntlvely light 11nd wblls seaboard interests bought some whcst early in the session export (rude was not henvy, llmlgimz rules were 11ot ex- tonslvc- with deliveries in the coun-

,tr,v still hninporod by wot weather,

Overseas vnhlos confirmed a good export huulnvua on lllonday 111 (‘unn- dlnn wheni. Broomhull believes gonn- dlnn wheat will enjoy l lsrge share of the international trade with other competitors limited in their supplies nml the (‘nltocl States out of lino in prices. .

‘Erode in i-usll \\'11cr1t wns slou- with spreads frnetinnnliy better on the ton grudel, Course [H1111 trudu wsl 1 ht but vllues held firm,

CLOSE Wheat: Oct 57; Dec 581/13: Mny

Outs,- Ort 2543B; Oct 25MB; Dec. 2511M: May 201,411, , _

Barley: Oct will: 01c aai/iA: my 3195A,

(‘A SH PRICES

Whcnt: No. llmrrl 511/4; No, 1 nor, 7551K; ’1‘ ‘\'o. 7i nor b2". Nu- lnr 5111A: No, - No. tl 4D; Food (l. Truck 71413.3 . ‘l Duvum 58%’. No, 2 Durulu 54. . o, 71 Durum 40; No. 4 Durum 41,

Outs: No, 2 C, W. 20%: No. 3 C. W. 24M: Ex 1 Food 21%: No. l Feed 251%; .\'n, 1 food '.'l~',"1; Rcjccted 17%: Trunk, 20%,

llurlcy‘: ll mu’ or 7i C, W, 711119;: 2

' 711 N0. (l C. \V, 3514i

CHI(.‘AGO_ Aug 71Il0-\\'l1ent reflect- od tho rcnclionorr tcndenny of cot- lon nml stocks lndny nml-the gener- nl trend \\‘|\l1 downward Routine new! wns disregarded, 11s “'11s strength nt Liverpool, (jorn trade was the llrg- est in several months. Commission houses were in the market ln l liberal way_ bnth buying and selling, Outs were nlsn in hrondvr demand, but were unsettled with wlicat. Prnv- llllnna slim-d with hogs, grnlu nml cntlnn,

Wheat rinsed wank nt almost tho day's lmltnm figures 11nd 1 to 1% rents hclorv yesterday's close. Corn 144i down. Outs 55-11; lower, 11nd provisions ii to l0 cents off.

rnvmmvn

MONTREAL. Aug .'l0—fBy The Canadian Prolsl-A dividend of 1% per cent, for tho current quarter to- drly was doc-la d on the preferred smelt of Cnnnd on cottons limited, No notion wan taken ‘on tho common stock dividend,

The pn-fvrrerl dividend is ul the relullr rate n! sir per ccnt. nor an- num, Th:- lnet dividend on the coul- mon sloclr was paid on January 4. 10710, st tho rats of eight per cent. lllr lnnum. -

The dividend declared today is pay- nble October 4' to shareholders of record on 11111111111." 1T.

zzPlvsion Bllm promotes dllnti- neee. chimn 1nd beauty. It is un- rivoiled in its mhglcll effect, on the 111111. Swlftly obeolbed by the n1- suos, it leaves never" ,o. vestige of stleknels. .' Delightfully cool to the skin. Stimulating l-nd "invigorating. Softens and mikes the hands flow- lmlv white. Buhtly froizrant. Im- pme youth and loveliness w the complexion. Persian Balm is the 1n-

evltlble c ice o! the woman who elves. ‘ ,

(Cnnsdlln Pull ) Stocks High Low Close 2' 2% 2%

Abitibl , Alta Pacific (lrnlrf ." ""4 Bell Telephone . .. 100% 105 107i B C Packing .. ... 1% Brazlllun ... 11% 11% 11 C Powvr A .. ... '17 211% B C Power B .. ... _ 0% (‘n11 Bronze guru t. (‘nn For Com .. ... 7 (W1 i"\11 (‘or 1'10 --- 1.. 17% 15% B 4k

tun Cement ...

(‘on Cement Pfd ... 84 33 (‘an lml Alcohol ... 2% 2% (‘.1111 1nd Alco B ...

(‘an Steam Pfd 1115 (‘an Wire Cable B . 13 (‘an Pacific 0 (‘ockehut Plow . .. 7%_ Cons Smeltlng ..

Dryden Paper ..

Tlnm Bridge

Do Slot-l (‘onl l!

Dom Textilo

East Dulrloa

Fraser (‘rays ...

Gen Motors ..- Gypsuln . ...

lioll Gold llincs ..lil‘~'i 51 int Nlokvl .. ... 12H; link» of tho Woods .

illusory‘ llnrrls . llcfoil-lfrnnt

Nnt liter-l (Jnr Ogllvlo Milling Power (‘ovp .. Out-hm.- Power Fhluvlnlpznn .. . fit, lnwrrnro (‘p Slteol pf (‘nnlldn S of (‘nunrln Pfd \\’1n Electric .

Mining Stocks

(Clnnillln Press) TOROXTO, Aug, Bil-Unplug nlel close)- Snlon Stock High Low close 1500Ar-n1o .. 1. .. 41/; .14 .14 1'00 Ajax .. .. .. .8. 12000 Arno .. .. on’ 250i) Amulet. .. .- 171500 Alex .. ., ., 2100 B Bolling t. 800 Blse Met ... 3500 Bldsoorl . .. 1000 Bunk Hill .. 100 B C Flori .- 500 Duff (‘nu ... 71000Pun11sn .. ... 51100 (‘nstle Tr .. Mllifolumlrlo . . 2305 Dome ... ..- 9307 Fhfldfll . n. i100 Goldnle .. .. 1800 Granada . .. 07171 Hnlllngcr . . R000 Howey .. ... 1400 Kirk Lake . 2000 Kirk Prom . 500 Knot Flor .. 55 Lnko Shore . 14000 llncuosn . . 1000 llnn Bneln . 045 Yllnlnlyrc . . 1000 llorlnnd . .. 18710 .\li11 (‘nrrl 1500 3101f 111111 -. 0000.\1ons .. .. .- 1000 Murphy .. .. 71500 Newbec .. 1.. 1450 Nlplsslng . . 7755$o1j11n1ln .. 2 17100 North Cnn X17100 Ulgll -. .. .- 1000 Petrol Oil .. ‘Z00 Prcmicr 1700 h‘ Antonio 15325 Siscoo .. 3500 Stsduconl 1 500 St Anthony ‘:00 Ster 1'nc . 0250 $1111 llnsln 134100 Sylvnnlto . . 135100 ‘Ynshotn . t 1711100 '1‘ Hughes .. 47100 Thoma cud . 10000 Vac Gas . .. 1700 Vlpond .. .. 000 Wright Bar . Sliver 28%. ’l‘otnl snlos 514.000 shores,

UNLISTED

5050 ll Missouri 200 Bwnnn .. M10 Cent Min 10017-119561: . 100 (PCOBDGI . 700 Halt (‘rest

44775 Ventures 1800 Vlcllcrs .1 ..

CURB

4500 Algonquin . . ‘A 11000 Aiitoml . .. .14 nnno llnbjo .-- .0; 71000 ilrnwnlee . ,, 11‘! 1000mm Kirk .. .02 no Cent Pnt . “.1016 21111111111111 luxpl . _.01% . 11000 firm Yelko t.

‘.1000 lllilwl- ..

--~~ \\|\\fl'\h‘\ ,01 , '11.". -‘.~lolre. .0455 ‘Z000 N111 lllrlcl . lfi 1000 While Lake . .04 .0 IBM Wood Kirk u JFK 1D

Eggs, fresh cxtrns 1n cnrtons .33: Eggs, fresh firsts in nnrlons J20; 1'0- tntoes, No, 1 Montreal J10,

HUGAR

NEW YORK, Aug 30—-llaw auxin‘ was quiet today 11nd with buyers 11nd sellers still npnrt n0 snles were re- ported. ilefinern were sold to be willing to pny 3,18 for sugnrs in Soplemlmr positions, but these were bold n! 3,20,

There was llillo variation in prices

' with the market cloning net unchang-

ed to 4 points higher,

September contracts after selling st 1.10, advanced to 1.14 while Decem- her nnld up frnln 1.15 to 1.17. Arl- proxilnnto sulelvlSfiflfl tons Including 5,200 in erchnngon, Sept c soil 1.14, December 1,10, Inn 1,12, birth 1,12, Mny l,l5_ July 1.20.

Refined sugar was unchanged with refiners lilting at 4.25 and second hnndl lvulluhle nt 4.12%.

C0"'l'0N

NEW YORK, Aug 30-00mm futur- es closed only; cloning hlcls: Jon 890- 07171: Feh R07; Mar 004-071; Apr 1107; May 015-16; Jun 9187 July 02224: Aug —; Sept ' ' Oct S0204; Nov 871: 96c 881-84.

Spot closed quiet; middling 870.

Liverpool: Potion, spot quit-t, Prim-n 5 points lower, Amorlcnn nml-Hing, fnlr 7,713: strict gnml ruidrlllng 7,48: lrnnd lnlddllnr: 7,‘!- strirt ruldilllnr:

n1l1ldllng 0.071: strict lmv 111111- dllng 11.83: low luhldllng 0.771; strict ordinary 0.571; good ordinary 0,23,

No receipts.

Stock Exchange

(Canadian Pull)

Stocks Iflgh Low Close Al (‘homlfiul R4 RU/fl S111’; At Refining ' American Can .. -' 5.1% A111 Smell llfg '33-'51,

Am T91 ‘It-l . ll‘!

A111 Tobacco .. “A

Anncolliln Cop .1

Atrhlson ...

Auburn Auto .-

llond Aviation .-

Bolh Stool ..

Briggs .. ..

(‘n11 Puclflt-

(‘use Thrash

Chrysler lllotorl

Columbia Curb .

C01 Gls Electric

(‘onsollrlnlcd Gus

(‘out Pan ..

Porn Products

E I llupnnt

bank loans. The loans are to be paid out of earnings uvcr n period of two years.

Associated Gas and Electric Com-l pay Owed $10,440,153 on Jlnuary 1

Associated Gas and Electric Com- pany itself was faced with the necmity of paying $10,440,153 in bunk loans 11nd purchase money ob- llgatlons contracted during the Company's period of expansion. This figure was a. reduction from $3.831,- ‘193 outstanding at the beginning of 1931. All these obligations were paid by June 16, 1932, leaving the Afi- soclated Gas and Electric company without further obligations of my importance which had been unpro- vlded for, maturing before 1048.

Obligations of Subsldllrlos Financed

sldiary companies, Staten Island Edison Corporation, $7,500,000. R0- chaster Gas and Electric corpora-l tlon, $10,000,000 and Pennevlvonie Electric company, $9,000,000 were also financed.

with proceeds from the sale of As- sociated Gas and Electric 006W?" atlon B per cent Eight. Your Gold Bonds, of mortgage issues of oper- ating subsidiary companies. with loans from bankers. and throuzh "i" change of securities.

red by the Rochester maturity 1188 been met by the sole of on issue 0! $11,478,000 of Rochester Gus and fl- ectric Corporation General Morl-

Elec Auto-Lite

Elec Power Lt

Fox Film ..

Free Texas

Gen Asphalt

Gen Electric

Gen Foods

Gen lilntors

Gen Pub Serv . Gen Rail Signal . Goodyear Rub .. .. Houston 011 ... Hudson Motors . .- Hilpp Motors .. .... lnt Harvesters . .. int Nickel .. .. ..- lut Tclcphon . .. Rcn Copper ... ...

l1 Pacific Pfd .. .. Montgomery Wfid . Nash Motors .. New York Ccnt ... North Amer-icon . .. Pnclfnrd lllotnrs Paramount Pub . .. Pub Sorv nf N J’ .. Radio Corp llldlo Keith Orph . Sears Roebuck .. .. Simmons C0 ... South Pacific .. Snulh Ruilwny .- .. Stnnd Brands .. ... Stand Gns Else ... Stand Oil of N J’ .. Texll Cu .. ... Tens Gulf Sulph .. Tim Roll Bear .... l1 (‘orb-Curb .. .. " ‘llnlon Pacific .. ... United Alrcrnft . .- ‘llnltcd (‘ovp ... United (‘.1111 lmp ... 11 fl hber ... U S Steel .. ... ... V1111 Stool .. .. ... Worn Bros Q» . .. Wentlnghnnsc- Elec . 41% Woolworth Co . .. Worth Pump .. ...

Canadian Gov’t. Bond Quotations

(Conldlln Prul Bond Bid Aek Do of Clnudl (ii/pill 101,65 101,071 Do of Connua M0411’ 108 1080i Do of Canada 4146-58 11M; 07% A- - ‘K1

11o (‘on Nat Serv 5-718 .. 100% lb Do Can Net Berv 5-41 .. 100% 101%

. Tescher-"Johnny. what's the difference between s bottle and o. mlsslcre?"

Johnnyv-“A hlttle is when s whole lot of whites kill o few Indi- lns, sud l massacre l; when s whole lot of Indians kill l, few