VA

New York Curb

J‘...

-I933 '

I565-E4 ¢~*' '1

STOCK

‘V’ Morning Stock ‘Letter

.s....;.a eves Piifiold and Co's Private Wire)

NEW YGK, July 2—Orop news

continues unfavorable and unless rainrappear in the near future blseincssoutiiefarrn areas may

be affected. Marioet movements of

yesterday were so mixed it is dif- ficult in say what to expect to- day. Probabilities are. however, that the utility and _ amusement stocks will be among strong spots. In the utilities Electric Bond and share, Electric Power and Light Common and Preferred. North American and Consolidated Edison.

TORONTO, July 2——0entra1 Patricia. shaft has been complet- ed to one thousand foot level with cross cutting to vein in effect on one thousand foot level. It is an- ticipated that workings on all four new horizons below five hundred foot floor will be in the vein in two months time. Cross

we would favor

outtina to the northwest on 3'15 foot level is in the vicinity of on sections disclosed by

drilling. Raising ore body has been holed through from 500 to are foot levels with particularly good on results. Ore treatment recently reached 101 tons daily. Output for June is calculated to be in excess of $100,000.

TORONDO. July 2—'1'eck Hugh- es-—-In an interim E13011 covering the nine months ended May 31 allows net profit of $1,832,005 equal to 88 cents per share and compares with net of $1,002,570 or 34 cents a share of the corresponding per- iod of last year. Ore reserves as of May 31 were estimated at 081,327 tons averaging 8.08 dwts.. a slight: decline from the 675,550 tons as of May 31. 1035.

By Oct. 1st additional power -Supply from the Hydro Electric is promised requisite to enlarging

procrani presently in force.

(lupplled by Piliield and com- pany maintsvs of Montreal smelt aachanss and curb Iarht)

Itocka open last (Canadian Press)

Stocks Close Alum Corp Am 120 Amer Cyan B 30% Alneiv Sup Pow as 2% Assoc Gaa Elec A 2% Atlas Co 12% Can Marconi

Cit Serv 455 Creole Pet 20 Iillee Bond Sh 22% Ford of Can A 20 Gulf Oil Penn 81 Bus: Oil Be! 03 Iixnp Oil 20% int Pete 3.13’. Nlag Hud 1% Bid Oil Kea_ J 1/. Un Light Pay A 734 Ill Light Pow pfd 50%

O M 7 ’L CURB

L! .._.j ,

IIIDIIIIG by Dltllold Ind oom- l puny Inursbcra oi Ilontreal stock 1 exchange and curb market)

ltocka Open Last 3 A Oil 25% 2515 Doin Stores Ford A Imp Oil 11 211,5 Inter > Pete 30 3.135 Molchers 10 10

Vilsiker Good

Markets At A Glance

(Canadian Pres) *

Toronto and Montreal—Indus- irial stocks lower.

Toronto M.ines—Golds and oils higher. other groups down.

New York—6tocks. closed lower.

Winnipeg-—wheat up three cents.

New York—Cotton higher; sugar unchanged.

TORONTO EXCHANGE

TORONTO. July 2——(C. P.)-—'I‘iie Toronto exchange will make it two holidays in a week by closing down next Saturday. July 4 when United states markets will be closed in observance of Indefi- endence Day. Trading will be re-. sumed Mondsy_niorriing._

DOMINION OF CANADA

PRINCE EDWARD ISLAND

In the Surrogate Court Int Ed- ward VIII. A. 1). 1036.

In Re Estate of Jennie Stewart late of Mount Herbert in Queens county in the said Provlme de- ceased intestate single woman.

By‘ the iionourabie Harold Leo- nard Palmer, surrogate Judge Of Probate. etc, etc.

To the Sheriff of the County of Queens County or any Constable or litorato person within said County.

Greeting:

Whereas upon reading the pet- ition on file of l3ru:e Stewart of Mount Stewart, aforesaid. Farmer- the Administrator of the above named estate praying that a cit- at:on may be issued for the pur- pose hereinafter set forth: You are therefore hereby required to cite all persons interested in the said Estate to be and appear be- fore me at a Surrogate Court to be held in the Court House in Charlottetown. in Queen‘: County. in the said Province, on Thursday the sixth day of August next coming, at the hour of eleve o'clock forenoon of the same day tosliew causeifsn theycan why be °.i""‘ ..""‘.‘..".? should not passe an Estate closed as prayed for in said petition and on motion of A. James Haslam, nsq.. Proctor for Iaid Petitioner. And I do hereby order that a true copy hereof be forthwith ublished in some news- paper uh ed in Charlottetown at once in each week for at least I221‘ consecutive weeks from the da hereof srid that a true copy hereof be forthwith Posted in the, foliowinr uhlic laces res-

vely. name . in e hall of

0 Court House in Charlottetown aforesaid. at or near the Bank of

iogthat all pa-mos intsrested in ~ the said lstste as aforesaid may

have due notice thereof. and the this and

Given under my hand seal of the said court day of July A. D. me sad in the first year of ms Maiaatv‘s reign. (Signed) I. I. PALIII.

(n.0,. Innate. \....-_..

5'3?!-'i-‘I-I-4|.‘

PRODUCE

(Canadian Press) MON'I'R.EAL. Juli’ 2——l‘irmin¢ tendencies were exhibited by but- ter and egg prices on Montreal open produce markets today. New potatoes were slightly lower and cheese was steady.

Butter was quoted at 21 3-4 to M cents per pound for carlots or less of no 1 while lots to retailers were Z 1-2 for solids and 33 to 23 1-3 for prints.

Graded egg shipments in car- lots or less were quoted at M 1-2 to 23 cents a dozen for A large, 21 in 21 1-2 for A medium. 21 for B and 20 for c.

Cheese averaged 13 to 13 1-4 cents per pound for Ontarios and 12 3-8 to 5-3 for Quebecs.

Potatoes: P E I mts 90's 82.15 to 02.25; 50's $1.35; 10's 27; cobblers so‘: :2 to $2.10; N. B. "mts so‘; use. to 81.90; 50's 81.35; 10's 27: Man whites 90's 01.70 to 3180: Alta 90's $1.70 to l1.80: Ont 90's ts to $3.25: Va. No1 bbls $7.75 to $8: No 2 85 to 85.35.

EXCHANGE

(Chandler: Press)

MONTREAL, July 2—Britlsh and foreign exchange in relation to the Canadian dollar as compil- ed by the Royal Bank of Canada closed today as follows:-—

Argentlna. peso .2709.

Australia pound 4.0183.

Austria soltillirtg .1898.

Brazil milrels .0571.

China Hong Kong dollars .3245.

Czechoslovakia crown .0417.

Denmark krone .2248

Finland flnmark .0222.

!"re.nce franc .0604.

G‘€l'l1'li-l’l_',’ reichsma it .4047.

Great Britain pound 5.0319

Hungary pengo .1909.

India rupee 3804.

Japan yen .2047.

New zeaiand pound 4.0088.

Norway krone .2531.

Poland zloti .1003.

south Africa pound 5.0077

Spain peseta .1377.

Sweden krone .2507.

Switzerland franc .3233.

United states dollar 3-10 per cent premium.

Closing exchange rates:—-

At Monti-ea.i—Pound 5.00 3-10; U. 8. dollar 1.00 3-10; franc 0.04.

At New York«—Pound 5.02 1-8; Canadian dollar 99 13-10; franc 0.03 3-4. '

At Parl.s—Pbund 75.08 fr: U. 8. dollar 10.07 3-4 fr; Canadian dol- lar 1500 fr.

In gold—-Pound 12s, 2d; U. 5. dollar 50.19 cents; Canadian dollar 59.03 cents.

NEW YORK,

July 2—P'oreign exchange steady. Great Britain demand high 5.02 1-2; low 5.02; close F02 1-8: 60 day bills 5.01 1-0: France 8.03 3-4; Italy 7.87; Bel- gium 16.92; Germany 40.37; Can- ada 99 13-10.

Produce Prices

(Canadian Pre-'1 MONTREAL. July 3- Wheat. nor no 2 91 1'4- Barley C W no 3 48 1-1 om, c w no 3 37 1-2.

oats, feed no 1 35 1-2. mom, spring wheat patents, firsts $5.40-

Flour seconds $5.00-

Piour bakers $4.90.

Flour winter wheat patents,

.'70- 3.00. °h§L°§..”wm:e com 3430-84-40-

Bran ion 82135

shorts ton $23.35.

lifiddlings ton $17.25.

Rolled oats bag 90 lbs 32.15. 1-fay no 2 per ton carlots $8-Q9. Cheese Ont. col 13 1-4.

Ohecse Ont white 13.

Que col 12 3-83.

Quebec white 12 1-4.

Butter no 1 23 to ‘)3 1-2.

Eggs in cartons A iarze 26 lipgs A medium 25.

Ins B 24.

C 23. mines: 9 r: I mts 90's 32154» 02.35. DUI 01.35. firs 2'1. N; B. mts We 01.80-$1.00. We use. I0’: 27. P I I cobbiera 00's 02-83.10. llali white 90’; 01.70-81.80. Alta white 00's 01.70-tl.°’\ Va bbl no i 87.75-t8.o0. .Vabblnol I5toI535- mt w 2 We 0! to 0!‘.

TIONS

Mt’l. Stock Exchange.)

(Iwppilod by Hillel! all Cen- Iau members of alanine! alceli cabana all are market)

Itacka _ ODCI Lsat Abestos 82 I2 Batllurat 14% 14% Beauahrnoia 2% 2% Bell Tel 140 14794 .ll‘lIlIlAIl 12% 13% Pluck 311! in. 0% B C Pow A 80 ‘B016 Can Celnent 014 01,; Can Nor Fr 20 2.1 Can Car lround 0% 0% Can Ind A1 A ‘I ‘I Can Pac , 12% 1291 Dist Beag 20% 20% Dom Bridge 30 30% Imp Tab 14 14 Int Nickel 40 40% Int Pow Pfd 0084. 001/, McCall Front 15 15 Mount Pow 31 3054 Nat rev 46 447. Net t Csr _ Noranda 58% 58% Pow go my, 13% i-lhnvnrlrsn 10 101,4 St. Lawrence ‘J 2% St or Can 041/. am st of Can pfd 04V. 04% Win Elec 2% 2%

BANK! Bk of Can Bk of Corn 153 153 El of Mil 192 mg Bk of . Royal Bk 111 112 C ‘ urrencres

(Canadian Press)

NEW YORK. July 2—Leading currencies fluctuated narrowly in :0 1'°!‘ei8n exchange markets to-

y.

The Canadian dollar reduced its dlscoun from 7-32 to 3-10 per cent. The puoild sterling was on 1-8 at 5.02 1-8 whileithe Punch franc, closing at 0.03 3-4 cents, showed a gain of 11-10 of a cent.

MON'!'R.EAIa. July 2——Pound sterling strengthened 5-10 cent on Montreal foreign exchanges today. Sterling at $5.03 3-10 while the United statos dollar was off 3-32 cent a 3-10 premium and the French franc declined .01 cent to 0.04 cents.

Miscellaneous

(Canadian Press) MoN'mr:AL, July 2.-n-gum. volume increased today on Can- adian commodity exchange pro-

duce section and price moved slightly higher. Butter spot: sales: 800 boxes

Que June. 31 3-4; 200 Que June, 21 5-8; 100 Que June znds, 21 1-4; £50 Que May (last half), 21 5.1:; out June 31 '!-8A.

Cheese spot: Sales: 400 boxes Que white 12 1-4. Ont white 13A; 001 13 1-4-A: Que col 12 3-83.

STOCK MARKETS CLOSE

MONTREAL. July 2—(C. P.)_. Montreal sto:k exchange and the curb market will follow the lead of United states markets in cloa- ing Saturday, officials announced today. '

Officials of Canadian commod- lty exchange have not yet decided whethe: the market will remain closed.

ALBANY SCHOOL

Report of Albany School for the month of June: ~

Grade x—-1, Jeanne Bouite_; 2. Audrey Macliay; 8. Sutherland Macliay.

Grade rx — 1, Elma Large; 2, Kathleen Keough.

Grade VIII--1, Mildred Walker; 2. Kathleen Boulter; 3, Eileen Walker.

Grade VII — 1. John Walker; 2, Va;-rna MacDonald; 3, John Mac- Kay.

Grade VI — 1. Ruth Ci-(ken: 2. Mary and Bee. Gamble; 3, Kathleen Kelly.

Grade IV (Sr.)—1, William Arsen- suit; 2, Alire Bernard.

Grade IV (Jr.) — 1, Kelly; 2, Gerald Kelly.

Grade I.Il—l. Jennie MacDonald.

Grade II -— 1. Lila Cameron; 2, Ernest Arsenault.

Grade I — 1, vodia Macxay; 2, Annie sherry; 3. Garnet MacDon- aid

Margaret

Those obtaining the Public school Certificates were Mildred Walker. 00.1; Kathleen Boulter, 80.6; Eileen Walker, 80.3; Jean Keough, 78.1.

Perfect atiendance—Jeanne Boui- zer, Mary Tierney, Elma barge, Jean Keough. Ruth Croken. Bea Gamble. Gerald Kelly, Voclia Macxay. Joan Bouiter, Annie sherry.

Audrey I-farvey—Teacher.

' (Patriot. please copy)

I V" Stock

.'.e‘ ~91‘ ..\\'.

immrro-r’l-crown ._ GUARDIAN

Exchange % ‘ uus .u-

uausi use cub usual

ssuas. - 09-! I440 arena as: 202 Am Cen 133% 133% Apr Bad 7 an l'or.Pr 196. ‘I96 Airs. Tel Tel lfllfi 101 Anaconda 33% 33% Atcliiaon '11 7‘! Auburn 27% 23% but -Oh 18% 18% Beth,8t 0054 40% Briggs Idaa 01.95 51% .. H - 112 nor Chea Ohio 00% 80% Chrysler 112% 112% com So 3% 3% Con ‘Gal . Co 8056 MM Corn»Pro 78% 711/: Dupoat 100% 150% Geri lilac I85 38% Gdn Foods 40& 40% Gen ‘lot 00 81% Goodyear Tire 24 24% End Mot Car 10% 101,4 Int Tel Tel 14% 14 Keanecott 387/. 30 Meat Ward 42% 42 Ilur Co 18% 1'! N Y Cen 80% 37% Nevv,York N E 8%, 3% — Nor Am Co 80 do Nor Pac - 20% 25% Pack Mot in: 10% Psielncunt 31% 325‘ Pub Bar N J’ All 45 main co 11% 1155 Bears nee co 14% 73% Silk]: Pac 3.15’. 3-31,’. ltd on N J 08% ssic Studebaker Co 111/, 11%. Tex Co 3111;; 357; United Air 22% 22 U s nub zest 23y, U I St Co 58% Vanadium 17% 11% West Union 901.; xlil/‘ West lilac 123% 121%

MINING

(Canadian Press)

'N)RON'I‘0. July 2—A strong advance was staged by a group of the newer gold leaders of the Tor- onto mining share section today, inoluding~ Molded-Cockshutt, O'- Brien and Prsion. Mclleod step- ped aiong about half a dollar to pass the 04 mark and O'Brien had 3 cents to the good at the close while Preston pushed up to 2.10 and closed at 2.05 for a net ad- vui-.-e'of 12 cents. The golds regis- tsredagcinofmore thanapoint to 141.03 and the miscellaneous mines index was down more than I point to 130.49. Volume was a little bettor than a million shares.

Wright Hargreaves and Teck Hlihes traded in good volume but the other big golds were slow. Both finished urychariged. lake Shore and Pioneer also closed unchanged and Hollinger and Momtyre re- coedet modest gains. Gains of 3 to 5 cents were posted by secondary golds includeng Central Patricia, Hard Rook.‘ Mining Corporation, Pamour, Yaymaster and sylvanite. MBICI-383: added 20 cents, Beattie 0 and siscoe 4. Pickle Crow was a soft spot. declining 15 cents and minor recessions came out for nead~Authier, Kirkland - Hudson Bay, Chibougamau and Lava Cap.

TORONTO. July 2—

Stocks Close Acme Oil 111/, Afton 4% Ajax on Alex ii Algomn 5 Angle H I50 Argosy J-i‘.' Arnifleld 8-1 Ashley 15 Astoria 5% Barlmac 8 Barry 11 15 Base Metal 14 Bear 68 Beaitle 144 Big hf as “4 Bobjo 1“ Bi-alorhe 660 B It X "3 Buff .'.nk T35 Buff Can 3'6 Bunk Hill 11% Cal Edna 135 CA1 Oil 15 Can Mai 110 Castle '1‘ 140 (‘en Pat 390 Chem Res 130 (‘iericy 7% Coniaruui 208 Coal: ('lii 180 Danie 55% East .\lsl 55 Eldorado 101 Falcon 315 Fed Kirk 7 Franklin 4% Gods Lake 1?? Golconda 1? (mlrlalo 3-’ Gold Belt. 3'3 Goollfish lmb Graham 17 Grenada 27 ilrandoro 9% firearm iili Gunner 1“ Hzilcroiv 5% Hdrd Rock 250 Itarkcrv 13% High . sar 3" Hulllngor 1-“'4 Homestead 43 Howey 30 J’ M (‘one 5“ Kirk Hull 10'‘ Kirk lake N: Lake Shore M‘/4 Lam (‘rim 3-‘- Lars Cap 115 fnbei Ore '14 lice Gold “/4 Little L L

. I 5; rsuus use co.‘ Isatnal

i i 1 1

Meet. Co 400 llacaasa 455 Man East 30% apie L M Mcintyre 43% - llciiensis 133 lcliiiiaa Mcvittle 23% Mcwstters 157 Min Corp 135 Kinto 51 Monsta 23 Morita K .3 afurpiiy 4% Newber 3'5 Noranda 55'/I Nor Can '50 O'Brien 2457 Olga Oil 9% Omega 3“ Psinour 445 Paynisster 100 Perron 130 Pet Cob 2% Plrk Cro 505 Pioneer 345 Premier 141 Preston 305 Pros Air '55 Qhe llnnt 76 Read Autli 1” lied Lake 193 Reno Gold 115 Roche 24% Royaliie 28% St Anti: 235 Sliawinlgsn 83 Sheep Cr 83 Riierritt 103 Sladen 53 Siscoe 372 Sou Tib fill; Blade 43 St Alith 30% Sud Basin 805 Sud (‘out 10 Sullivan 13'! ieylvaniie 23.’. Tashota 40 Teck E. 505 Toburn 137 Texas 210 Towazmnc 40 Ventures 195 Waite Airiu 10.5 Wayside ml; White Eng 4 11 C '1 Wright H 340 Yinir Y G (9 VNLIHTED Aldcrmac 22;; Brett Tr 31,4, Cen Ilan 411/, Church H 51,5 Co (‘on 225 Cobalt 3 Ilzll Oil 32 East (‘r 716 Foolli Us 50 Home Oil 107 Hud Bay 23 Kirk 'r 21* Lake Mar 17 lilalobic .\laml_v 2;“ N Hank 3i Norrinn 11/‘ Oil 99 4% Osisko 13 Park H. 25 Pawnee K 11/‘ Por Cro 3 Ritchie pl‘ Robb Mont 5 Sud Mines 4 Teuiiskn 15:15 Wood Kirk 7'

Total sales 1,085,000,

Crop Report

Below will be found a brief syn. °P5i5 Of telezraphfc reports receiv-

ed at the Head Office of the Bank of Montreal from its branches, The branch‘ managers have complete and mum“-9 k“°W13d8e of each local situation and are in close touch with crop conditions in all sections of the districts mentioned.

General

Foiowlng general rains, cropg in the Prairie Provinces on the whole “'8 d°l1’\B We‘l and pastures are improving. Moisture reserves are low, however, in some districts of the extreme southern areas of Man- itoba and Saskatchewan. and also in northwestern Saskatchewan and small areas in eastern Alberta. Wheat is stooling well in dist,‘-ices where moisture is adequate, In Quebec crops generally are doing well and have overcome the set- bao: due to adverse conditions in the early spring. In Ontario. where {all wheat. is headed out. continued cool weather has helped to retain the supply of moisture, but warm rains are now required in most sec- tions. In the Maritime Provinces conditions generally are favour- able. In British Columbia cool weather now prevails and growing conditions are satisfactory. Details follow:

Prairie Provinces

Alberta—Ear1y sown wheat is of good height and is stcoiing well. Coarse grains are progressing sat- isfactorily. There has been some slight damage from grasshoppers and cut/worm:. in southern and east central areas. but the situation is under control. Southern pa:4\'.‘es are short and need rain. The sugar beet crop is progressing favourably. Saskatchewan -— Growth in most. sections is ratisfactory but lacks uniformity Wheat is stoo‘ing w's‘1 in districts where moisture is ade- quate. Further rains in southern. western and northern areas would be beneficial. Insect damage so far has been slight. Manitoba——Crops are making good progress under favourable growing conditions. Rae- oent rains have been beneficial and generally, present moisture re- serves are adequate. 'I'he wheat

plant shows good root development

I‘

"There's no A N I M A L”

. . . . said the man who had heard about a giraffe but, seeing one convinced him that such animals live. You may be inclined to doubt the stories your friends toll about the friendly‘ flavor and lasting goodness of “BLACK TWIST” CHEWING . . . but not after you have tried it. Your taste tolls you that II. It N.’s “BLACK TWIST” CHEWING is the chew for you.

and in 8 to 10 inches in height.

Coarse grains are advancing satis- factorily.

Province of Quebec

lower at. Lawrence and Lake st. John—8eedin¢ is only now be- ing completed in the northern part of the district. Growing con- ditions are favourable and all crops look well. A very good crop of hay is anticipated. A good crop of smafi fruits is expected although some damage from frost is reported. In

Ottawa Valley late seeding been favoured by fine weather in the past two weeks. There has been sufficient rain to stimulate growth and soil conditions are favourable. The hay crop promises to be the best in years. The first stravmerrfcs are on the market at a reasonable price. Transplanting of tobacco is well advanced.

the iliastern Townships and the’ has.

Province of Ontario

An average yield of fall wheat is indicated. although the straw is short. Spring grains are now head- ing and growth is satisfactory- Roots and canning crops are in healthy condition. Corn was plant- ed under favourable conditions and is 3 good stand. Cutting of a‘falfa is general throughout the province; while of good quality the Yield 15 expected to be below average. Pes- turage continues excellent. Damage from wind and drought r.eces.sitated considerable replanting of tobacco, but a good stand has developed.

Maritime Provinces

All cereal crops have advanced rapidly during the past two weeks. Hay shows an excellent stand and a good crop is in prospect. Potatoes and other root crops are all seeded and conditions are favouratfe to growth. The apple set in the An- napolis Valley is fair to good ex- cept where orchards have been damaged by frost. A good crop of small fruit; is expected. Pastures are in excellent. condition.

Bmvlnce of British Columbia

Grain crops. tomatoes. potatoes and other vegetables are doing well. The first cutting of alfalfa is of poor quality owing to the heavy rains. Early strawberries were damaged by rain and much of the crop in suitable for jam only; other berry crops wi‘1 be light. The June drop of apples and other tree fruits is heavy and the yield of apples and pears will be below average. Aprifis are a failure and peaches a light crop. Cherries have split owing to rain, and the crop is esti- mated at 90 per cent of average. Pasturage is good and Miter for ir- rlzatiori is plentiful.