NOVEMBER 22, 1937

isrocK Q00 TA zlozvs

WEINANcJAL NEWS BRIEFS

(Received over Pitlieul and Co's Private Wire)

b7

MONTREAL, Nov. iii-Chicago .-crane Co. declare; $1 on com- mon payable Dec. l5 record Dec. 1_ p115; payment since December

I031.

Nl-lw YORK, Nov. 21-Eaatern lllr Unes has lust done the. great- w October business in its history. Estimated figures for month show 111-190 PQSSCIIIETS carried, a gain 91 11 per cent over October last

ar. Hudson Motor Car Co. this week shipped 2,750 units against 2.275 last week with calendar year 511185 to date slightly above com- parable 1936 period while model year volume is reported consider- ably ahead. Commodity Credit corporation announced that through November 18 loans on cotton disbursed by the corpor- ation and held by lending ilgcn- cies covered 2,270,217 taics amount of the 1011115 BEBYEERtIIIg 510,739,174 and representing aver- age of 8.43 cents per pound Andns copper Mining Co. and Pntrcllers Railway nine month: ended Supt. 30 33.797257 or $1.06 a share be- lore depletion and silrtax against 1532.518 or 16 cents a share in first nine months of 1936.

NEW YORK, Nov. 20-»v¢l-y' bad market yesterday cslicuizlily in hlzhol- priced indnstrials. The lame market that at times pre- ceded the crash of last October l0. We may hardly rt this time look for anything like that ses. slon as margin accounts are in lunch better shape, but we may Iilkﬂ it for granted that recent mill-gin rule changes did hurt rather thnn do good to Ihc mar- ket. Those changes made buying

10W. there is not now the cushion of short covering demands that ihere was before. In p011“ o1 m“

t is restrictions all around of vast variety in the stock bllsjnggg “d in Eenerai business as well that serve Io incentive l0 do any. thing. There were too many new lows yesterday not 0n.y since the list rally cllmaxcd but 1'01 the Whole Year to warrant the hope that the market will turn hem 0;- that leading industrials W111 not go definitely lower. We have been 5232b 0n Sears Roebuck and m k “new Wald. the former

8. es a new low. for the yea;- and the latter broke badly, 3501,11 5mm“ 1°°k B 800d deal lower. tsﬁeels refleczpoor conditlons 1n

e mid? 5"“ “i” Doint lower. High priced issues like Allied Qhemlral. Johns Manvi'ie, Am. "ma" 01m. Beth Steel and u s Steel among others look gnu-n "ather ma" Purchases. Crucible Steel broke well 11111191. 3o and 1‘ we think one of the best steels to buy 0n a scale through {n1- “m1 Dllrilose. Rolling M1115 1115,, 81,119,115 Io us. We gave readers l. 11in lloint rise from current levels in Westinghouse after 40 1101111,; 01,1 bear side and intermediate swingg f“ inﬂame. Have urged to resist biivinll impulse on this move as [he stock looks a good deal lower, If Mr. President really wants to 1191i) business he Sh0ll'd hurry lip with something definitely con- structive. Next week's conflnb with utility interests would give 111m a gm" chance Rﬁgard utilities as cheap.

CHICAGO. Nov. ‘elm-Harvesting in Australia is proceeding actively with llllﬂiity in New South Wales above 1936- South African svheat 970D is officially estimated at l.-

somewhat easier and short sell- 359101111 111111915 011mm,. < ing much more difficult. ‘Tliere- 2,010.000qqiiarters in 1936. ed with M i-iow Smith l5 15 ontreal 1111,1110)?! 81931 m, - n c e 401,4, Stock Exchange Int n. n. Lake Woods 1614 161g Massey liar 6 6 (Supplied by Pitficld and Co. McColl Ft Members of Montreal Stock Ex- Mont pow g9 29 ihangcand Montreal Curb) N111 31-911. 371,5 37 Na ~ Bloch Open Clasp Noirzaﬁsmcnl Pow or 1' Bell Tel 16o 16o Que 190w“ ,1? 14"‘ Brazilian 12% 13's Shaw 2Q 1914 Bruck Silk 4 4 5t Law 51;, 51,1, B C POW A St Law Pfd 47 50 Build Prod Snu Can Pow 62w, 1121;, Can Gem 7% ll st of Can Pfd Can Nor P!‘ Win E‘ec A 2'14 21,1,- Can Car Fri s»; Bil Win Elec B Cun Cm" Pfd l9 19!‘; Can J-lydro Pfd BANKB Can 1nd Al A _ --- can Pac W- W- (Supplied by Pitfield and Co.) Can Steam ' Cclanese 10 l9 Stocks Open Clone Cock Plow Cons Smelt 49 50% Bk of Can Dist. Sang l4 14 Bk of Com 151 150 Dom Goal Pfd Bk Mtl 196 106 " Dom Bridge 27*»! 27 Bk Nova S Dom st B 12a lav. novel 1'11 1'11 Dom Tex iii Dryden WINNIPEG WHEAT Eng Elec A i- Eng Elec B (Supulled by Pitficld and Co.) Founda Co ll"; 12 Close:- Gen St W 9% 0% Goodyegr 01011-117510- Gy-psnm 5 6 Dec—1l3‘.=. Ham Bi@g_e May—ll0.

Zn illar word; In iilcuiunuiu hoiicea,

wurd. Other rutca uu application.

I Advertising Rates-Payable in Advance

Central Guardian iocuia. 4c per word; “cuieru and lilalcru locale, to per word; Announcement: and Coming Eveuia ‘Au

per wurii; Uiuaaniru 70o ma: inch; Llltl or kluriu aim

Spiritual Qllcrinn, bards, 010., do per will"; INN"!!! "I Uimililitm" w" per inch. Notice: u! ‘Eliulika and Appreciation, 70c per iuou or In poa-

Alinimum Charge loi- uny uuicrilnemaut twenty-live centi-

For Sale

‘ e H (BFPESEKZEI3IIE ‘Pu-“mmsisr

i MILK COWS FOR SALE. C. A. Rankin, Mt. Albion. . 1-11911121581-

FOR. SALE — VICTOR 8 TUBE Radio. $20.00. Tooinbs Music

_Slo_ie. L- i-l0-3l.

PIANO FOR SALE-GOOD CON- dition. Cheap. Apply Box 491. _ G“~‘"di“".-._... 1::.1Z2_2;i1:i9_'§l-

‘OR SALE -— HEINTZMAN PIANO

in good condition. 98 Upper l-lillsboro. Phone 686-J.

_ L-l3l5-l 23in.

70R SALE 0R. T0 RENT dwelling No. 25 Kent Street, hot-water heated, immediate Dosession. Apply Street. L

FUR SALE —- VERY OLD B DAY English Grandfather Mahogany Clock. Perfect timekeeper. Apply 189 Graf-ton Street.

L-i286-l1-Z0-3i.

" Work Wanted

A courrmv onu. wmrs housework in town or country. ADiJly Guardian Office.

L-l2l0-Il-l9-4i.

Position Wanted

ICIIOOI. TEACHER WISHES Dmltlon as Governess or Compili- KII- Write G. care Guardian.

1-4201-11-30-31.

FOR SALE

mlflbk two tenement 1101M hm on spring rm Road n» hmiilille Illa. At prelenl oooliiiﬂl I’! ilesirsble tenants. Apply

M. ALBAN FARMEIT. Dink of Canada Building,

1 haiku-Irma‘; Charlottetown.

Male Help W outed WANTED AT ONCE, MAN FOR farm work. Apply in person to H. Lodge Lane, Mount iviellick. L-i2l2-ll-19-3i.

__§_<.>azder.sl_wenled-._'

ACCOMMODATIONS FOR TWO boarders. 33 Orlebar street. t-ulv-iuugl-

Itiaiiiristruction __

MEN T0 TAKE UI’ AIR CONDI- tioizing and Electric mlriserutiuu one better themselves. Must be mechanically inclned, willlnﬂ 1° train in spare time tn qualify- Write. Utilities Inst, BOX 491.

Guardian. u-iai 41-20-22.

WANTED — PUPILS FOR PRI-

vate Tutonns any sublm l" school curriculum or First Y?!" P. w .c. Rates reasonabm. Apply

_1;_ c, G dlan. A m" L-l282-11-20-3i.

Miacelianeoul

1 VE CHAMPION BOAR. AT golm for service at GeorBB

h ad. MaoMlllan. 00W ¢L_1269_1l_20_a1'

To Let

To LET-TWO ADJOINING

, i 203 Grafton gogims. Sink APPIYJSMJFNSL _______ _ .

Female Help Wanted

.. MIDDLE AGED

WANTED mm

woman for housekeeper- wnae, Apply Guardian-

, RANCH OFT. i8 811:2‘? Marked. Reward.

tl Ever. Lmkd’ BM“ WEfEIIIYII-ﬂ-ll.

v- L

New o'rk Stock Exchange

.__.... (Bunches by Pltﬂold and

00.

Members of Montreal Stock Ex. "Wile and Montreal Curb) 510th Oven Clone a1 Chem 15s 154 Am Can 8t 04% Am F01‘ Pl‘ 4 4% Aim Rad ll’ i2 Am Tel Tel 14m 14a Am Water 12% 12% Anaconda 25v. 21v. Atchlson 34 371,5 {ti Ref 2014 301,4, Auburn 8% 8% Bald Loco

Bait Ohio 1on4 10% Bendix Av 12% 12% Beth st 45v. 4m Brlsss Man 20% 21% Case as so Ches Ohio 371,5 39 Chrysler 541a sass Com Sol 8% 8% Com So m. 1% COn Can 42%

Con Gas Co

Con Ed 24 34% Corn Prod 551,4, 55% Cur Wright

D96“? 20% 21 Dupnnt » 10B 10mg Elcc Auto Lt 18% 73% Elec Pr Lt I2 13 Firestone

Gen 17cc 36% 30% Gen Foods 28% 29% Gen Mot 33V.- 34% Goodrich l6 16% Good T 19% 19% Gt No Pfd 25 25% 1lltCI§nt

n ar

int Tel Tel 59 60% Johns Men Co

Kennecott 30% 32% Miss Pac Ry

MOHt Ward 8A 35 b6 Murray Co -

N Y Cent 16 i756 Natl ‘Bis

Nat Cash Reg 16% 17 New York N H

Nor Am Co ' 101,-; 22 Nor Pac

Pack Mot 5 5 Paramount 11% 11% Penn R R. 20% 21% Phil Moi" 141.4 74% Phil Pet C0 88% 39 Post Tel Cab

Pub Scr N J 34 3496 Pure Oil C0 10% 11% Radio Co 6% 6% Radio K O 4% 4% Sears Roe O0 58% 56% Shell Union Oil

South Pac 17% 17% Std Oil Ind Std Oil N J “V; 45% Stude Co Tex Co 37 3'1 United Air i714 l8 United Corp 39s an United Drug

United Gas Imp 10% 10% U S Rub 74% 25 U S S! Co 50% 53% U S Ind A1

Vanadium 14 14% Warner Bros 7 7% Warner Bros 25% 27% West Air B 25 28 West Elnc 9i 94% Woolworth 37% 38

PIIOIIIIOE

MONTREAL. Nov. 21 —(o1>)- Trade was inactive and prices held steady on Canadian coni- modlty exchanges Saturday.

Butter BPOt -—Que fresh (92 score) 30a; Que grass regraded 1943-4-30 Que 31105 (-38 score) 20 - a.

Cheese spot-Unquoted.

Eggs spot —Ont A-large 42s; A- medium 34a; A-pullets 30a; B. llagge 25a; B-medium 24a; C 21 ~ 8..

MONREAL, Nov. 21 -(C'P)- Butter prices eased slightly on Montreal open produce markets last week.

l-4 cents a pound for carlote or less of No. 1 with lots to retailers at 31-31 1-2 for solids and 31 1-0- 32 for prints.

Gmdﬁd 0B8 shimnents in 11871008 0!‘ i058 Were 42 cents a dozen for A-lﬂrle 34 for A-mediurn, 30 for A-pullets. 25 for B-laige, a4 1°1- 3. medium and 21 l-2-22 for Q.

Cheese was quoted at 14 8-8 for Ontario colored, 14 l-li for white, 14 for Quebec colored and l3 3-4 for white.

Potatoes: No. iQiie whites 80's 55-60; No, 2 80's .3540; No. i N. B. mts 80's .62 1-2-65: No 1 P. E- I- mis 00's .75; 80's .02 1-2- 65: 50's .42; No. l, cobbler; 30'; 50-52 l-2.

FINANCE

NEW YORK, NW. N. —t§)_ Foreign exchange steady. Grout Britain demand 5.00 7-8, 5.00 i-ﬂ, 5.00 5-8; 00-day bills $5.00 i-ll; demand: France 3.40 1-4; Italy 5.26 i-2; Belgium 17.03‘; Germany 40.46; Canada 1.00 5-32..

NW YORK. NW 3l—lA.P)— Raw sugar was firm Saturday at 3.45 for spots, established when 14,000 bags of Puerto Rioos sold to a local refiner from store, a gain of 5 points from the previous sale. 25,000 bagsof Cubes were sold for January shipment at 8.- 30 to an operator. I938 quotas were held at 3.86.

Futures were fairly active in the No. 8 contract in the form of exchanging from near to more distant positions. Sales were 25,- 000 tons. Close: Nov, 2.48m Jan 2.36m Mch 2.3711; May 2.30:; July 2.3%; Sept, 2.3K).

No. 4 closed quiet, 1-2 lower to i-z higher with sales ol 800 tons. close: Jan 1.00m Mch 1.12:; May Lltb.

Refined was unchanged at 4.76 w 4.85 for fine granulated with only fair withdrawals rqiolrted.

Currencies

MONTREAL. Nov 21 —(OP)— Lending cilrrencies generafy work- ed lower on Montreal foreign ex- changes Saturday. Pound Sterling

Butter was quoted at 29 3-4-30 .

n A slid 5-32 cent to M.” li-l while tracer

THE UHAKLUZ'I'E'I'UW N GUARDIAN

Model 8ST --Greatest '6-tube value ever offered. Remarkable world - wide performance. Beautiful walnut-veneered cabinet,

$69.95

Easy Terms

finest.

IlO INTEREST

Model 86K -Sensational value. 6-tube, all wave Superheterodyne with new Sunburst Dial and many new features.

$10700

Easy Terms

NO INTEREST

MOCIQI 88K — With Magic Brain and Magic Eye and many of radio's latest features. This beautiful 8~tube, all wave Superheterodyne is one of RCA Victor's

I $14250 é... a...

the Uni-ted States dollar eased i- £70133‘ v T ° 13*,‘

64 °f W’ P" *1“ l” 11'“ dis‘ 1m» w ker 4o

count. The French franc firmed Home 1

.01 cent to 3.40 cents - Imp 011 1a NEW YORK. Nov. in —(AP)-— Int Pete 28%

European currencies units moved Melel-lers A

higher Bgiiiflftt the Ignited ﬁtnie: PM 15%

1'9 II 8X0 BIT dollar in que fo z B Royame 33

dealings Saturday.

Sterling gained l-8 of a cent at 5.00 5-8 while the French franc was up .00 3-8 of a cent at 3.40 1-4, Swiss francs advanced .01 of l. cent and the Netherlands guild- er was .03 of a cent higher. The Canadian dollar gained i-64 of a cent at 1.00 5-82.

Montreal Curb

(Supplied by Fitflehl and (‘mn- Eirchanxe and Montreal ﬂnrh may member: of Montreal an»:

the Toronto market down

the tone quickly improved the pressure of Offerings

vanced, closing with only

15% l7 40

18% 29%

i7 83 Va

TORONTO. Nov. 21 -—(OP)—- Overnight selling orders brought in by Friday's weak display, tilted

again

at the opening on Saturday but

after lifted.

A mild recovery set 1n the second hour but the comeback was too slow to wipe out all the losses. Noranda, Falconbridge. Bherritt, Waite-Amulet and Pend Oreii-le, all improved as the session ad-

minor

net changes. Hudson Bay contin- ued weak at 18 1-2. of! 1-2.

“W” 0W" ch" Gold share leaders were much ,5. 55 less active than in mevious ses- B A m? 20% 20% sions of the week and they chow- Buuhamoh W. 1m ed a margin of losses over gainl Brew Corp 150 150 ‘t ‘he "Ime- Bam A 101,5 1019 Dome dropped a point and Hol- c.“ V1011"; ' linger clo=ed with a fractional Dom T“ 61/, 515 gain. Lake Shore and McIntyre Do 1 '4 1m: w! en l0 and

wem unchanged. Little lost 20 cents, ‘reek f-Nlh

Charlottetown‘ Summerside

Pioneer 5.

Junior western oils were firm with. Calgary-Edmontonup iicents. and Mercury 1. Rﬂyﬂiiib. Off 8 point, was the only weak spot.

UNDATED MONEY BOX

(By The Canadian Press)

Closing exchange rates

At Montreal -Pound 4.90 5-0; U. S dlr .09 53-64; franc 3.40.

At New York -—Pound 5.00. 5-8: Canadian d‘r 1.00 5-32; franc 3.40 l-4.

At Paris -Cloaed.

In Gold —Pound its. 2d: U. B. dlr 56 06 cents; Canadian dlr 50.05 cents.

EY ES I II II T EXAMINATION i

Fitting and Sunplying Glance lie.

ll. J. MABOII

OPTOMITBIIT MONTAGUI. P I. l.

I I I I i I I

Olloc Connected With ores-Mn I

Auction Sale

NICE PROPERTY AND FURNI- TURE AT N0. I3 PLEASANT STREET ON TUESDAY, NOV 23, I931 BEGINNING AT l0 A. M.

Nice cottage in excellent re- pairs. newly painted and renovat- ed, heated, large lot and garage.

Also all household effects. 6°"- aisting of living room, dining mom, bed room, and kitchen. All floor coverings. curtains one '" r range, dishes, mirrors and everything else in and About the property.

19,15 nnnl-p. Inspection apply at

premises.

Terms of movsﬁba w!!! be cash. and terms of house made known at aale.

lltate d’ late Anthony ' l. Doulan.

J. A. MACDONALD. Aaotlaloc.

ll. I‘. MMHIQI. I ldicitet, _ L-III-Ibﬂ-ZK

and shades; i

House will he offered for sale It .

u s1: TH e couv EINI c-1141‘

HOLMANHQM

our; illlamglse-THE QA§§II_ 1 ' ““"'- " ' emio EQUAL IO% N,QW‘1,HBII%.LI:“INI$LY pnvncms NOTHING ‘ADDED — NO‘ "INTEREST

l I l l i I i | I

1.. , -

vcmber 25th. _ n-nlmlr, Live slﬂtk consisting of:

Don’t overlook these sensational new models! They offer you the greatest values in radio history! Include all the important new features you want — and then some! You’l1 get more power-more se1ectivity—more life- like tone . . . and more for your money!

BIG TRADE-III ALLOWANCE!

EEPI-AN

‘P'l=i.1'cE‘

' ‘AIIOTIOII SALE

Thursday, No

At Searleiown. at l

commencing

1 horse 3 l-‘Z. years olll. 1 Mare 3 1-2 ycnrs old. 1 Mal-r, 4 l-2 years old. 1 Bum; pni-e 6 years old 1M lbs.

1 Filly l i-2 years old- l Filly 5 months old.

4 newly Ireshcned cows (Iflil Jersey)-

s rows frcshencd last shrill (Grade Jersey). -

1. z year old Jersey due i freshen.

1 Registered Holstein (all Uni l Regiavrcd Yﬂrk INN"- l now lbrrrll 6 fall pigs. Quantity oi‘ hay and IiIrlW, 1 truck wann- 08 i-l acres of land situated I Middleton Road.

31"“: .4.