§

4

UOTA

-5-—.

\ l I | H

fllacdvcd over Pltfleld and Co’: .- _ Private wln)~

NEW YORK May 20-'l'he|re is o overnight news which would

, coount for the Iurther weakness

estergpy. French francs and ster- ‘ngarptheaametbismcmingas ‘hey have been in the last week. llcc. Output report is better than i was a week ago and the percent- ge gain over the corresponding eriod of last year is better than 1 was in the previous week. Iron lge reports rather optimistically I the steel industry. says—“It is lgniiicfant that operat.lons con- lnue ix; hold in spite of the lighter lemand from the auto industry. t is glso to note this morning ha.t_ Ohrysler has raised shop em- lloyees wages 5 per cent. It will ring these wages above 1929 and ;is estimated it will cost the com- any between live and six mulion bllars. There are several import- nt dividend meetings today in- luding American Tel and Tel-

VIT’L. CURB

(supplied by Pluield and Com- pany members of lontreal atoek gxehnnto and curb market)

Stock! ilpan Laal B A ml 2335 Hum Stun-I

l«‘orli A 12% 22% Imp Oil

lnte Pole 87% 37% .\lol hers 9"/I 10

W.‘ili~:cr Good

MIN NG

_._._.

. (Canadian Prue) 'IOR0.V'l‘U. May 20-

sioeln 010-0 Acme O11 13 Alton 9% Ajax 0|) 59 .\l.-.\- 4% Algnlun 9‘/a Anglo H N“ A.-guy-._y 165 Ashley 8 Aalrzl-iii 5 Iiugamnc 9 Barry K ' 7 Base Metal 19 Boar "-5 llmlllln 1-"iii nu; .\llbB 3 Ii:-llju 1.’- li|'.ii0i'‘li9 725 Ii ll .\ 15% lillil‘ Ank 050 1:urr (‘an 10% l‘:il l‘iIil|l '-5 935 12.”: 145 33'] 100 556 240 100 bit!‘ ll lllil SW5 .'-‘Al .5‘/: 91 4 705 ML’: lllln 24‘); .\ll-illl_\'rc 4-5 .\lvl\’l~llzlc liil .\l«.\illinn ‘-". .\l--\'ill.lc 25 .\l.-lvnllvrs 12‘! .\i1'rl l 19 .\liu (for 12-’: .\ilnin "3 .\I.... ll 1-‘: .\l--l-I")! - 7! .\lurplly 4% Mwl.» Co 430 l\'--lrilr--- 3 Nimssillg I55 lzulllzllo 4” lilmliflsll 17'/2 ‘ -I ll‘: ‘.'ll (I3 8 10li lllii('l‘uW 4 Hnrll ilnck zllu il:lrl<l-r 1”“) ]‘|\lllliKf‘P 1-"ll li-llllmlll-nil ll‘: ll......_.v :- .l \l (‘min M Klr Hull Ii‘: Kirk Luke 42 Lake Silurc BS“) I.Ilnl (‘nut ll‘,j L:l\‘lI lillp l'.’.'l Lulwl lilo fill Nnramln .'.l-_v, Nor I'nlI H (l'lirl’-n Zlil nigh on llilfi (hm-g1 nu l’llluollr 410 hlymlluter loll i'I‘l‘|"|II 1n'.I l'4'i C .\i C Ii l'u'k Fro i'l.\.‘l l'i'tlI|'l’I‘ ml» J'r»-ulicr '.’.'l‘i l'rv~r=tun 09 Pros All‘ 225 ll‘ .\iln ‘I30 Ilr-Illl Allth 190 llml l.llk«~ llll ‘Rena (iflld J27 lilllsill‘ ‘.‘7 Rnynllle ‘."l5§ firm Ant 2111 Shawinlgln 99 Sherwin I12 Sladen 47 Silicon I40 Sou Tih 4'13 Hindu 35‘/1 t Anlh W"/S ml Basin 306 sud Cont H! v Sylvanitc 208 she 35 410 21.1 135

A ¥ii"‘§ 3 I 1 Total sales 1.13.1110

Vllullfli

Stock Letter

other meetings In Am. sugar. Beneficial Loan, Commercial Bol- vents, Mathieson lluta Machine, Raybestos, South Porto Rico sugar and U. 3. Poll. We would look on the first thing thll morning to see it further liquid- ation appears. but on’ ftlrther weakness today. from a. short term trading viewpoint we believe the buyer would be favored.

TORONTO, May 20-Central Patricia——Dnectors expected to meet within the next few months to consider payment oi’ a dividend. It Ls anticipated the iirst distribu- tion will be in the neighborhood of 4 cents per share. For the fiscal year ended December 31, 1935. The reported net comings. alter all charges equal to 10.26 cents I share, but in March 1938 the mill was stepped up to 150 tons daily so that substantially increased earn- ings are to be expected {or the current year.

Mt ’l. Sta ck Exchange

_.j__.

(Supplied by Pltlleld and com- pany membera er Alontralsl steels axehmnga and E11) market)

"Any. open but Abltlbi illo mp ilulhul-at 14 13% Hell Tel 194-3’. 144".’ lirnzllinll 115'» l‘-"ls 15 C Pow A 2i"; '29 Con Nor l'r '-'l‘.i '-‘U3 (‘an Car Found 55-: 6%: Call Cement

Can Inii Al 8% 8% Can Duo 133‘: 13!: Ceianeso

Dist Selig 2:4 24% Dom Bridge 86 30 Dom Steel 4% 4% Dom Tax in '10 lmp 'l‘u‘- 13% 13 Int Nicnu 45% 46 Massey Harrie 5% 5% .\lont Pow M5‘ 81 Nat Brow 4:!'.-: 43 Powen ("nip l5i‘.~'x 13": Shawlnigull 205:‘ 29%’ 5!. of lhu 0'.‘ 0"‘:

IANIQ

Bk of (‘an 57 -'57 Bk or com I64 1.54 Bk of hill I07 197 Bk Hf N. .

Royal Bk

New York Curb

(Supplied by Pitllelll and Com- Dluy malnirra of Montreal IIMII exchange and curb Ilnrket)

Stock: open 14-! Amer Gas Elec Alina Co 11% 11% (‘it S-rv 4!’. 4% Fun! A ivilrc Bond Sh 18 15% Niag End 8% 8% Mocha Cluaa Amer (‘yon B 34% Aluer (ins El--r: -i-“fl Amer Sup Pun-cr '-"/s ilsaoc Gall Hire A Allnll Corp 1'.’ (‘nn .\Irlru.-oui l‘ltio| Sr-rv 4% (‘reoic Petrol )1 Filer Bnnrl Sh I!‘/g l"nrli nf l':lll A 2'.’ Gulf Oil i‘lflIl T9 llllnl 1lil.ul'iiil .'.S|’. Imp Oil 211?: Nlag End 8% Std Oil Ken 19 Un Light Pow‘ A 65‘ 42%

Un Light Pow pfd

LIVESFECK

(Canadian Press) MONTREAL. May 20—~l/aiuel held near previous closes in light trading today on Montreal live- stock markets.

Receipts: cattle 5: ha“ 56;

calves 126: sheep and lambs 43. Cattle prices were unchanltd while spring lambs of medium good quality averaging 48 pounds each sold for 86. Just lair lambs made 1.5 and sheep brought $3.50 to $4.50. Calves were or common to med- ium good quality. Common sold at 83 and medium good were up to $5.75.

There were not enough hogs to establish ll. market.

'58

On Maritime markets prices were easier. I-logs were 80 cents lower at mso. rail grade, and 25 cents lower at 58.40, of! truck, and $8.15 on cars. live grade. sows brought 38 Fall grade.

sum were quotad up to O6 and

were ti to $1.75 and cutters 01.75 to 82.25. Bulls were 25 cents lower at 83.

Cal! prices ranged lroln 83.50 {or grassers to so Ior veals.

PRODUCE

gés

*3

butcher cows up to 03.75. Carmen .

TIONS A N. Y. Stock Exchange

lcmbcn oi Ioltraal stock J3- ghaage and out larhat)

[mu . one Ian Air Red Alllcd Chem 181% 138% Am Can 126%. EN: Am For Pr ‘Am Lino 15 '15:}: An um: in was Alll Tel Tel Am Tub Am Water 20% ‘I036 Anaconda 32 33% Atrhiaon T0 '10 All Be! '-'7‘/I 31% Auburn 29 29 Bald Loco Bait Ohio 17 1753 Bcnlilx Av 21% 21% Bath St 49% 49% Briggs Man Boo Air Co lS‘.'a 18'. (fall Pm: By 1'.‘ 12/4 (‘gas 141% 147% Lhel Ohio 60 M Chryaler 92" 94 Com Vol 17 17% (Yum So 2 27’: (‘on can 705‘: 71 Con Gas Co 20% 39% Corn Pm ‘ill 1‘! (fur “With! 6% 81/1 Dccro Dupuut 112% m. Elec Alllo Lite 34% I495 Elel: Pr bill 14% 14% Firestone 8196 28 Gen Elcu so 85% . (ion Fonda 38% its Cell Motors 60% O ‘:5 Goodrich 19% ms Goodyear Tire 21% SI Hllll Mot Car 14% 14% iii (‘en 10'.’ 10% In! Bar 81 88$ Int Tel Tel 13% 13% Johns Man Co 92% 02 Kennecott 35% 36 Mont Ward 40‘/J 41 Mur Cong 15% 15% Nat Can Bag 22% 2'1 Nor Aln Co 2”’. 154°‘: Nor Par 27 27% Pack Mat: 10 10% Penn 1! B 29 '-39% Phil Pot Co 38% -‘Bills Pub Ber Co 10% 40% Pure Oil 00 17% 18 Radio Co 1056 11% Radio Keith 0111!: 6 6 Sears Iloe Co M54 06% Shell Union Oil 10% 16% louth Pee 29% 80% ltd Oil N I M H Studebaker Co 11% ll ex (‘.0 32% 3'.‘ United Air 15 14!’. United Lian imp 15 14!’; U 8 Rubber 29 '-'0? U 3 St ('0 lib 55 4 Vanadium 1'! 11% Warner Bros 0 via West Union 7592 17 West Air Blake M‘! 855‘: West Eiec 1(Xl% 110% Woolworth 49% 60%

Produce Prices

Hf: MONT.R£:A1.o. Ma 20- Wheat. not no 2 1-2. Cats. 0 W no 3 371-2. Oats, read no 1 35 1-2. Flour, spring wheat lirsts $5.30.

Flour seconds 84.90. Flour baker; $4.80. Flour, winter wheat choice 83.70 to $3.80. Flour white corn 8410. Bran ton $20.25.

Shorts ton $30.25. Middiings ton I35-35. Rolled oats bag 00 lbs $2.15. Hay no 2 per ton (arioid “.00. Cheese No lont col ll I-4 to 11. Butler no 1 19 ‘I-8.

Eggs in cartons A large as. Egg; A medium 24.

s . E3.“ 3 ii‘ Potatoes P E I mts 917: 81.36 to

mts 80's U35 to 31.70.

mts 50‘s 81.05.

mt. 10's 23.

ccbblers 90's 81.75 to 31.80.

cobbler: 80's 31.60-glad.

nits We $1.55-01.60.

mts 50's $1.05.

mt; 10's 23.

(Gnadho

patents.

patents.

C -

EI El E! El E!

B. . B. B.

zdibgzzfimvmm

. 1 80's $1.45-$1.50.

EXCHANGE

Prom) worrra.nA1.. May ao-‘British and ioreign exchange in relation to the Canadian dollar as compil- ed by the Royal Bank or Canada closed today as followu- Australla pound 88010.

Grins Hong Kong dollars .3265. Czechoslovakia crown .0410. France iranc .0600.

Great Britain pound 4.0856 Holland llorin .0131.

O

switau-l....‘i Irane .3244. United smiu dollar 5-10 per

Currencies

..''r T0 cu the central Baal-Ilsa

BED OIOSS BROADCAST imm Vancouver tonight at l0:I0. In-OI

‘run cola-a Ia eeaenal he Iowa or Iaaal tateuat but cl a news) Idaho 6 cents a word advance.

A8318!‘ ‘run can close by giving generously. la-4990

IUMMIISIDE HIGH SCHOOL CONCl.'I’l‘—Reservc Friday 0! this week {or summersidc High “ ‘ Concert. Admission 350 and Ice.

L-(U81

-I0 DI al mien: Double Ill

....... .

DIIAILMINT D E L A Y B All sllBVICE—The “Dragon”. nine pas- senger Canadian Airways plane on the Moncton-Charlottetown service was about two hours late reaching Upton Airport last evening due to a delay on the mainland where de-

tion in passenger trams into Mone- ton from the north !or several hours.

MRS ALL!s0N lil.ACMlI.LAN. President Prince Edward Island Women‘; Institutes will give an ad- dreasonRedCrossoverC.I".C.Y. tonight at 'l:l5. L-4989

IIAVE YOUR contributions to the Red Cross ready when the collector calls. 144990

ADDRESS on CRIPPI-ED CHILDREN'S WORK—Last evening an excellent address was given by Miss Mona G. Wilson, Director of Public Health Nursing and Crippled Children's Activities, in which she told the story oi how this phase or Red Cross work was commenced and has been developed to its pres- ent stage in this province.

5. S. “CIlAItll0'l"11l’l‘0WN" BE- Tl.lBNS—The cartel-ry “Charlotte- town” which had been in dry-dock in St. John {or the past lew weeks returned to Borden last night and will resume the regular service to- day. The ship left the New Bruns- wick city Monday evening and ar- rived at Tormentine yesterday ai- temoon. Alter taking on a load 01 freight. the ferry proceeded to Bor- den, where it arrived at eight o’- clock last. night. Heavy automobile traliic prevented the old ferry from keeping all the incoming Ircight cleared up.

0DDl'ELIA)WS' DISTRICT MEETING AT MON'l‘AGUE—Dele— gates irom Oddlallows Lodges on Prince Edward Island met in a dis- trict mce at Montague Tuesday 9Venlhs'- e lodges represented were: St. Lawrence and Wildey, Charlottetown; Prince Edward. summarside; Verdun, 01.3.,-y; Log. alon, Albex-ton; and Hillside, Mon. tague. The meeting was presided over by Mr. 1-Iaaen Phillipa, sum- merside, District Deputy Grand Master. Mr. Randolph Carruthers of Hillside Lodga will be recom-

. mended as district deputy grand

master ‘when the Grand Lodge meets in Woliville in August, the meeting decided. Alter the buginags had been disposed of a social hour, arranged by the Montague Lodge, was spent by the delegates.

areas [or Lambago llaanru

Cautious Dace Set On New .York Mart

(By Frank Mncltdillenl Anochied Press Flna.ncIal Writer) (A.P. By C " ‘u special Wire)

NEW YORK, May 2o—]«:ncour- aged by the continued new of la- vorable businels news and the {act that selling had dried up, protes- sionai traders bid shares up frac- tions to a point or more in modest trading today.

In some circles the cautious pace 0! the advance was attributed to uncertainties over the Iinsl form or pending tax legislation.

Men-sumd by the Auociacd Press averace or so shares. the stock market advanced .5 cl a point to 59.8. Transactions totalled moan shares with 900510 Tuesday.

Deere was up 1 1-8 to ‘la 1-8, case gained 2 8-8. lnternaional Har- vester ran lorwlld I 1-8 to close at as 6-8 on good volume but one and Deere were lightly traded.

Canadian issues were mm on the big board and mixed on the Curb. Grains of a point or more were shown by Distillers scagram. Dome. International Nickel and Mclintyrc while Hiram Walker was 3-3 ahead. On the Curb Lake shore and Hoi- linger gained I-6 each. Brazilian. Canadian Industrial Alcohol. Ford

of "‘ “. Mafley Harris and Power Corporation were lrac‘ion- ally weaker.

Whi‘e declaration or the quar- terly dividend of 32.25 a share by American 'ns‘.ephone was taken in market quarters as a matter oi course it was counted a factor in the stock’; rise of 1 1-3 to loo.

Illuel up irac.i0!u to I point or so at the close included Chrysler at M. U. 5. steel at so 5-8, Inter-

aunana-nu’-ma-are

ruled freight cars caused a disrup-.

lI.ll.,8.liPEils; llmllll IN H A ii iii x

(C.l'. By Guardian‘: lpiciol Wire)

1-IALIPAX. May 30--in the close ellowship oi the Women’: Mll- sionary societies 0: this continent was to be round the greatest weap- on or militant christhnity. ms. 0. as-nut rorbes. L to. Dominion board president, told the annual meeting or the Maritime Conlcrencc oi’ the women's Missionary flociet-' ies. united church or Canada.

Activities at the societies were limitless in their scope for christian social and economic advancement. Mrs. Forbes said. with the broad- ening hcrilona 0! the present day chi-iaianity hld ceased to be a. dogma or a theology. It had becom° a method or action.

In the tremendous solidarity oi church workers the world over. Mrs. rbrbea declared. was the only so- lution to the many grave problems that wracked the world..

lknphuis on peace and service were the dominant notes 0! the lesion. Mrs. R. Marshall of fiint John, N. 3.. responded to the wel- come and Mrs. W. A. Thompson of Charlottetown introduced the bal- lot

.1. A. Burcholl, Sydney. N. 3., and Mrs. 1:. H. WI’. Tatllnagouche. N. 8.. showed ... _ and the conference was praised by Mrs. Forbes ior exceeding lb allotment or $16,000 by more than 03.000.

The secretariw of Christian Stewardship and Literature. Mrs. L. R. Allen, Summerside, P. E. 1., and Mrs. A. L. Fraser, Bathurst. N. 2., tendered their reports after a dedicatory prayer led by Mrs. E. E. O'Brien 0! Truro. N. 3. Mrs. B. A. Jamleson or saint John assisted in the memorial service for members who died during the year.

other reports were given by Mrs.‘.1. R. G. Armstrong. Freder- icton. Associate Helpers Becre‘ary. and Mrs. W. A. Thompson. Char- lottetown, Missionary *‘ and World Friend secretary. The meet- ings continue tomormw.

Moll MONEY IN smell FARMING

Animal a n d Animal Products More Re- munerative T h a ll Field Products.

(C. P. By Guardian‘: Special Wire)

OVITAWA, May 20.—A review oi prices paid during the past Iivc years {or certain agricultural pro- ducts. suported by a general know- ledge of the agriculture or Canada. “suggests that the production or animals and animal products has been relatively more remuneratue than that or iield products," ac- cording tc the Department, oi’ Agri- culture.

'I'hi.s iniorrnation was given in the House of Commons today in answer lo a. question by J. A. Blanchette (Lib. - mpton). Mr. Blanchettc asked: "What category ct farming has been most remunerauve during the past rive years." and which least remunlrative.

“There is no statistical interma- tion available to indicate which ¢I'fl|0I'lr:a or farming have been most remunerativo in the put, rive years." Mr. Blanchette was iniorm- ed. He was told. however, that price 1‘°VlWl [live the above indicati-n.

In the animal group “pigs, poultry find their Droductsappear to have yielded better returns than cattle and sheep. In the vegetable pm. duct mun the Production or ber- rlil. Illone lrulta. apples, pears, and tobacco have been among the more remunerstive products, whllg cc,-. .°.:':.; ‘i.‘2‘.‘..‘°°“ 5.2”? W

Ilnong e east - lble." the return said. pm “

Birthday Greetings

(By The (hnadian hen) Illflllilmll WIIILN _

Eric Maurtin Bmith 22-year-old Cambridge University student, won the British amateur goii champ- ionship in which he competed "Just for run" That was ilve years ago Wm°l'l'°W- Smith. who succeeded the [Hit Bobby Jones II Iitleholdar, overcame John de Forest. by one hole in a poorly played final,

MONTIIAL STOCK!

(02. w Gaardlalra special Win)

IQNIRIIAL. MI)’ 3o—aelect'.ve demand pushed a group or mlsoel. imeous stocks higher on nonmu

. E I llospita Ladies Aid Holds Annual Meeting

J.~A. Clark was re-elected of H-ince lkiward ls- Iadiea Aid at the torday. Mrs. F. elected Ilonorury

meeting the year under review was not one or “gust. financial achieve- ment. Nevertheless much has been accomplished by patient eilorts of the auxiliary members.'_'

other oflioers ‘elected were: Vice- preeidant at large. Mrs. A. 5. btewart; Secretary. Mrs. R. Diam- ond; '1'i'cuurer. Mrs. R. Meikle (i- lected); Vice presidents 'rcP' rcsentlng cburohas—Mrs. R. Quiz- ley and Mn. I. Nicholson (Bap- tist); ms. D. Bchurlnan and Mrs. P‘. Fraser (Zion); Mrs. J. A. Bent- ley (St. Paul's): Mrs. N. D. Mc- Lean and Mrs. Keith Route (at. James): Mrs. Dell-h Wright and Mrs. I". M. flwwart (Central Christian); Mrs Ewen Mcnougall and Mrs. Neil MacDougall (Church or Scotland): Mrs. A. 3. Fisher. Mrs. A. Pickard, Mrs. J. Batten- bury, Mrs. E. R. Brow and Mrs. W. H. Prowse ('1!-lnity); Mrs. Georlie Peaks and Mrs. George Binns (St. Peter's). l tees elected to the Hospital board were: Mrs. J. A Clark and Mira. E. R. Brow.

Regs;-M were submitted review- ing activities or the year. by the President. Mrs. J. A. Clark. the treasurer, Mrs. Rowland Mbikle and the acting secretary. Mrs. A. Sinclair. The report oi’ the pncaldent appears in lull.

Communication was read at the meeting granting the Hospital ladies’ Aid the privilege of serv- ing meals on the grounds durinz the provincial exhibition.

The thanks and appreciation oi the meeting were tendered out of town contributors to "the Ladies‘ Aid.

The meeting heard a letter read irom Miss .'.nna Mair, superin- tendeut or nurse; at the Prince Edward Island Hospital thanking the Ladies’ Aid ior their existence and kindness to the nurses throughout the year.

A vote of thanks was extended to the president and the retirlnz officers for the faithful work dur- ing the year and to the nominat- ing committee for its wozk during the meeting.

The iollowing was the Mrs. J. A. Clark's. report.

THE PRESIDENT'S ADDRESS

text 0!

“This year's annual report is not one of great iinancial achievement. nevertheless much has been accom- plished by patient eflorts or the Auxiliary members. Following the custom or previous years regular monthly meetings have been held except. in July.

"Arrangement Ior rental of our luncheon equipme b at the Exhibi- tion Grounds necessltated holding several special meetings at which it was decided to let the Ladies’ Aid oi’ the Charlottetown Hospital use it during Exhibition {or a certain sum with the understanding that it .be retumed in as good condition as they found it.

“The Vanishing Party Scheme was tried out in the Autumn and where members carried it through beiore Christmas it was most satisfactory; but as Winter advanced, with so much illness many have not yet {mind it possible to ‘ te their part. Notwithstanding this diiliculty a nice sum has been realized and we wish to thank all who assisted.

"The various churches loyally gnu cheerfully held their Annual cake Sales in the Winter. Easter satur- llly WI-I Hospital Flag Day. It was cold and disagreeable but the girls from the various churches made quite a oreditible response to the call {or collectors. May 12th is known as National Hospital Day. on the evening of that day the "l1!‘8¢3' lrldulting exercises were held in st. Paul's Parish Hall. which was filled with an appreciative audience delighted with a. program oi’ exceptional quality. All tell. just- ly proud of the superior work ac- ¢°mDll-shed by the splendid stat! oi the Prince Edward Island Hospital.