MAXiMS or a '

MERCHANT‘

looks. in themselves. are worth- . IEId-dilfltfii. to the uni-hurl: bill». Vi"! . f studied and incarneted in outs liv- ing. truth and error becoinejorcs and

power.

___,____-i-—~ -

rnill II gllsriattetafll 0

Toronto And Montreal

Prices On New York Street Take

Turn For The dare-Greatest

Better Yester- Fall Of Market.

Values Experienced On Mon- treal And Toronto Exchang- es--Fortunes are Being Swept Away In The Greatest Re-

action In Hist

ory.

(Canadian Yrcss) NEW YORK. October 29.—Stock prices turned sharply upward shortly

before one thift! P- lll. this afternoon,

after a steady stream of liquidation

in ihe early trading and carried prices c! active issues. down tic to $10 s

share. United States Steel Common

rallied from $171 to $188; Clone!!!

Electric from $214 to $244 and American Can from $115 to $119,

l

Y

MONTREAL‘ EXCHANGE

~ MQYTIUAL QM». 0% il-Tllc {rel-test perpendicular fall of stock

market values to-he experienced on the Montreal Stock "

L

since

lhc early days of the war occurred this morning. _While last Thursday's mill Ifliflli-IYI losses were tremendous, they could not, sq“; u“ abandon with which issues sought new levels today. in the early an".

hwmwith the tickers running so min utes

rlciout that several Mints at times

not.‘ ,_

y "Ill so. Iiliarlied consecutive quotations, it

"ll 435°!" i0 lot an accurate ides or prlcel. but losses were ranging mm

S50 downwards. with the majority s1 and Ill.-

Portunes were beinglcstin the tore. ld liquidation and brokerage offices W" Jammed to their doors with sn- iii°lil Wed men and women. ‘Trading was on such e heavy scale that a M0016 dag was anticipated. New records for su time were shown by some issues. while margin traders "to abandoning their holdings. 1n- dioatlcns were not lacking that strong interests were buying at the low Prices.

'1‘. B. MacAuiay, president oi the luc- Ltfs assurance company. one of the largest investment holders in the country, stated that the Sun Life was taking “the opportunity largely lo increase our holdings and we are still buying," while other investment firms were known to be purchasing. The break hit ths power stocks with wills ferocity. Twenty-two dollar! disappeared from the market value of . s share or Montreal Power, which suffered a loss oi ti! yesterday‘ in‘! could be bought today for $134-$0- Wlnnipeg msctrio tiNPlfiii tlb to sell

ANNOUNCEMENTS. COMiNG EVENTS. MEETINGS. Eli}. "Pour Sons" 9531-l0-20-3i

"Montague Saturday. Yeo‘s ‘Iheatre.

"Come to the whiat and dance in Emerald lisll. Wednesday, Octobe a0. Lunch served. 9544-

"Come to the Masquerade Dance in Cardigan Hall on Hnllowebn Thursday. 9594

"Notice to farmers. Will he huyini livs hogs and lambs at Albany, ‘rhurs- dsy, October 81st. from ‘l till t. Siin" 0d. A. O. Green 3b

"Dr. Olift. D, D. - start now heme prevention cure new at Purdy Btstion, Weatcbsstsr co. u. Y. can.

"Hunter itivsr Oiub loadiul livd

stock Thursday morning. October slat

Russel Nicholson. Iecretofll-

iflb-lil-N-Il. ___.._. "Notice-liassrvsi Thursday. 00-

the issues selling» oii’ between g7

at M8; flhswinigennrower Corpor- ation and Quebec Power lost heavily. Consolidated Smelters dropped s50 and WIS Bfilliflz at $250. which com- Dared with the year's peak oi $575. International Nickel and Brazilian followed up their losses of yesterday with drops today. The former slid

slipped s9 to sense noon at m.

list. I

TORONTO EXCHANGE Millions of dollars were erased imni Toronto Block Ehtchangs this mom-

greatest reaction in

The action o1 the market, today s-

wlth little regard for price returns

ed fairly successful and

the break.

i Secretary change. International Nlckcl

(Continued on P189 3i

lambs, sheep and Thursday. October

._..-__

"Notice-The Osrdtlan

31st. l-lcurs i2 to 9M‘!-

lpstegd oi’ Thursday as advertised

ii‘, . sqglghest prices paid for (good quality) empty swir-

tcbsrlimiortbeParloin-loeialst

home c: ms. George mm, manic. l» We'll ""¢°“°‘°“- sac-lazuli. imho,‘ bur-j “mp m, P”.

m4 comedy drama wi’.

Oct. Silt from

0i’! 87-25 l0 $31.25 and the latter

Losses "of from s7 downward were comm-on to practically the whole

the value of the issues listed on the

mg, when the nlerket underwent the its history which brought to s sensational clim- ax the selling oi the past five days.

mounted to a panic as thousands of shares were thrown on the exchange

Buying support was totally lacking from the market in the first hour. but two rallies lust before noon prov- s, 181i! number oi the icfldili! i5"! Ywwend portions oi their early iecessions. Iunllke New York, where at least one brokerage house failed as a result 0i local operators We" weathering the storm Wiiihfllii’ l"! midlfiicultl’. accordlnB to A- E- Mill"- ci the Toronto Stock Ex-

and Brasil- _.-+—

Lin Olubl cins hell "Borden e calvesolat Albany.

Masquer- ade Dance will be held on Wednesday

UBBI-IO-Iiii-ii.

.lvc icwi Thursday.

1 till s n- m» ‘Vliw’ esso-io-ao-ai.

h lets of action. A

.Markets Terribly Hit

—___1-__

1929 l4 PAGES

_.___- 11m‘

E EXCHANGES iAnot/ier

F ormal l

Unleaded Wheat

Is1and’s First

s. w. so... former ouciph. Ont- , A w)...” _ ' operations on the New York Stock Elli“ "Ill Chicago Board oi Trade ars attract- ing wide attention. it is rumored he six million bmhela o! wheat to cover his Wlllsiifit W3‘

utions.

_ a

ca‘;

Many Utensils

NEW YORK. Oct. lt-Jamea Drew, o! Brooklyn, strode up to the cashier's counter In a Nassau Street restaurant today and reach- ed tor a coin. '

Out of his pocket dropped a spoon.

“Tut, tut," said Drew, "how for- getful 0i me!"

“Accidents will happen." agreed Gus Flaiiis, manager oi ‘theyeat- _ ing‘ house, picking up the spoon.

Drcwmomewhat nsrvouairslach- ' ed. again for his money pocket- Out same two knives. three fork! and four Mire spoons. '

When police’ arrived they found _ s sugar bowl in Drewucoat pool- at. lie is held for Special sessions Court.

Tu rcotte Electedi In By-Election For Richelieu

_..___

oiilcial Liberal candidate. was elect

opponents. lime

lfll.

mining poll. parish. a smell community.

msierislly eflcct the final count-

SOREL. Que, Oct. 29-40. P.)-- Alderman .l. C. A. Turcotte. of 50ml.

ed 1n today's provincial by-election in Richelieu county by an snowfl- mate majority oi is’! over his two iarivisre, Borei. Conservative, and Ulric Girouard. Mayor oi st. Ours. independent Lib-

Thirty-sevsn polls out oi as gave Turcctts, 2,409 votes: Lsrivius. 1M7 and Clirousrd. m. ‘rurccttsrs major- ity over his Oonssrvativs rival was 3i 862 and 2,184 over Gircuard. The one located in 5t. Joseph

Heartz.

Governor Prank It. Hearts in the main lniiiding oi thsrrovincisi Ila-

attendance. in; s. wumj some de- livered the lmaidentiai address: Premier Saunders extended a wel-

Yeaspokeon behalf o! the city.

Canadian National lbs. Breedsw Association. non. W. U. Ida. Nihil- m oragriculturs. and fir. lea Paton. president oi-the Proyinclal Iixhibitibn Association- An eacellsat musical vrmsnuuc was wcyisssby Mr. maul Raymond. who sang an- arai solos very acceptably. and by the Osnadian Legion 3nd which

ofthe silver Ihtiullxhibttlon Assoc- iation. Prince Edward Island.

A president is chosen to guide an organisation in a general way. I-iis function is not particularly to make speeches. but to annually review pre- gress and forecast the future to the public and his own directors. a rim of his work sometimes is to announce the speakers and tell oi their quai- itications. ‘mat is why I am perched on this rostrum tonight;

1i’ I had any progress to review

but we are s brand new organisation promoting s species oi animal which has been domesticated only within » ths past. quarter century. This apt- cies~ths silver iox-p-hes brought profit u. frincs Edward muss. n‘... made her known all over Christen- dom. Tho ‘development oi the {our breeding industry will go cu (or

maize Beat profit out c! it is by keepingfarinthafrnntintheim- provemcat c! the animals themselv- es. A certliicatn of registry is one thing, elimination oi the poorer spe-

Both are important work, but the greatest iest of all is breeding a champion fox and allowing isllew breeders to aeeit. 111st is why this exhibition is held. Everyone wants . to know where the best ioxts are. Striving Towards Ideal.

The marked interest shown proves that to: breeders are striving to- wards an ideal snimai- They come here to ii: an idcel towards which they csa breed. or they want to buy the best animals as s ioundatton and get a flying start. That provides capital for the small bustier.

Is Well ‘Attended

Away To A Good Start Yesterday. Show Officially Opened By Lieut. Governor

. Last night niece Iswsrdllltudu first Silver Io! Dliow was officially opened by Ilia honour. Lieutenant

hibitiongrmudsflrhsrewssaiarge

ccuuonbehaliofthe vmviuceto NflVillMtLfltlHllWRllliP-KIIN‘

sacrum weosslso delivsredby ma. G. shclton Bharpa. President u. the

my speech would simply be rmltine.

many years and the beat wsy to

eimens by inspection is another. ‘

I welcome tc-nlsht visitors from many countries who have cssue in _study our industry in this nest e:- wil-l not nibition. we owe much particularly [is the United sum oi America and

Opening

Fox Show Got

Norway. both oi which countries arc new in competition with us as breed- ers o: icuss. We hope we can dem- onstratesupsricrity to them and we also hope that. ths exhibitors, the spectators and the city of Charlotte- town, particularly. ths directors cf this exhibition can set an example in conducting this show which will give it the character oi the great- slt (on show ever held. Other Iox Shows.

Great shows have been held in the past tsn years, mostly in great cities. At Boston. at Montreal. at ausisio. at Muskegon, at Portland, at ‘lbs-onto annually. at Oslo. at ism- don. and this year at Munich. at ‘mronto. at tarts and at’ Winnipeg. But the comparatively small city oi Charlottetown has now a. greater

Saw Custer Fall

For Life In

Chic! Little Bear, tun-blooded Cherokee Indian, iversity grad“- ate, who as a small Indian boy wit- nflwi Crow's last stand and the death of his paren‘ . Ha cepresented a United States firm at mg Dairy Expmitlon at Toronto.

With Ship.

SEVERE STORM OFF KENOSHA

WomanGets Five

Years In Prison , TU HIS DUTY AND TRUE To THE

MmlTREAL- °°”- 29~N"‘°Y Mm“. SCORE or SHIPMATES. ms rison, who recently pleaded guilty c1 Co 55.1. GUARDS CREWS on“,

was sentenced to five years in Jail by f THEM F AN D Mr. Justice Wilson in the court of o F D mu’

On Storm Swept , .§§.'. ‘ Lake Michigan Steamer Wisconsin Sinks With * _ Loss Of Fifteen Lives--*gléf_,il Harrowing, Scenes As Pass-

engers, Near Death From j Horror And Exposure, Fight,‘ Y.

Sea-Captain Goes Down

_

(cmanum Pnass) i , .

xaxosus. wis. ocroncn zra-narwnau ran sun FIFTBIi ‘Y »' MEN wanr nown wrrn run LAKE smaomu WISCONSIN no 5'

u ‘ so ABOARD ms smr ro ma: Lasr aim waur nowu wrrn ~ pony was rrcxen or LATER. n _

u. a th i c . . $3“; “r Nozinllgoaf: ‘x3e I or MANITOWOC, wis., CHUNG T0 a LIFE star-r as was: aroma: , I mm the iljmwm o! n “o; M“ 1 uruuran. nounsn ovun AND samr. nuscvaas mien T0 nan ‘

‘i 1 Y ~ um mom rna wsran, our, cnazan pr ms raiour, HE s-ouog

Annual Subscriptions Delivered By hiall (‘anadl and v- ii. A-

d?

‘ti. - ‘ i=1" i. i

Trage i

iii"

wiltfi

Av

l l l. i t ‘.

w

Wind iWhippeé

i

SHORE EARLY TODAY. MOB. 5".

THAN THREE scom»: warts: SAVED, MANY or THEM Mannawu a‘. sun soMr. span prawn room rm: HORROR AND THE EXPOSUB i‘ ‘

or nouns m run wmn wurrrrln ass. ma runes: PASSENGER i‘. A ABOARD warm RESCUED. CAPTAIN nouuar. Monrusouynquw w.

n’ " TRADITION or {run sas, amass" ll‘ -,

ENGINEER JUDAB BUSCIIMANI i- »

.“_

show oi registered silver foxes than any other egg: held. It isggrest/er

rendered several fins selections. because more loses sndbet- ~- H; tel-tones. becausstbebrceder . minnow. " , v.1

_ v ._ _ f ,_ iolisra ‘ ed by m. J. al mes. proudest to husband foicea properly. in rut l

may say bluntly that this exhibition is so dxecllent that champions here will have as much right to be celled world's champion! as any others.

l! I may suggest a policy for the future it would be that the city and Island realise the grout possibilties 0i this site as ah elhlbition centre. if a great coilscuna were built a horse show. a fox show. a fruit show, n. flower show. all combined. would he a great success ially and put Charlottetown on the map. when s drive can be instituted in a little province like this to take care ci a isw sick folks and net over nooou in subscriptions, surely ten or twen- ty thousand dollars can be raised to build a oollsoum for a real indoor winter ambition for the 99 per cent healthy folks. 1! such a show were instituted fur-bearers other than silver foxes would be shown. Mink-farming will be another great industry. Orcss fox farming will also be great. and there is also the industry of breed- ing animals for pelts without reg- istry of the animals. Gradually these ‘ in would organize and con~ duct s show.

Claims No Credit.

It was not I who started this eli- hibition. We an not like the potato- giowcrs oi this province. going to get, into an -..,,ument as to who thought of it first. But the man who made ths move that put this show over, sits here tonight -Ms1or Albert l. Robertson oi Mermaid, a place you can llnd on the map-because he helped put it there. We have on our board nearly a sccreeimenandoniytwcorthree can boast the Privilege of living in a town. These have proved them- stlvsa as level-headed. a board as could be assembled and that; speaks well for the general, intelligence or this great little provisos in its rural parts. Practically each and sll have contributed nobly oi their time and resources to put this show over.

F L, Last Minute

(special to the Guardian) MEXICO CITY. 0st- lie-IN Mexican senate resin-day voted

"Ocme to the lean Quill! w", wright, ""“ i" "““‘“' m“ ““"§,',' fill.’ ctiflifiii... ‘itensinltbll ratification oi Mexican adherance w ‘u’ u ‘a p414”, ggurray Harbor Baturdaymwi to the Relics Island fact to out-

"“'?""" --— u... war. '

v l sci-inns . locngd ‘t,

"lea m". 0...... u. the nsumbn "Wm" I'°°°'Y “°" —-——-—-——-—— lunar in dsa vow mu Thursday. m Grafton st. will egg‘:

. cbu‘ Wat iaeldstlt-ims

m“, to their . , “udmwu so, opposite mu. Meat Market. my Ieiiowfen Burner i" ma. ‘ihursdsy. oil/Mr 11st "u" °""°‘“°" ‘°' °§,"“°'“'u§,,.,m t-io-ss-ld une- “w”

buslnen on nut-my. new store at ill

“t; m" Qppotllnit] i.) thlll ssst. sfl will sssmll

in the

ovum o». on. sa-rss- iicwsrnlnsosslmitbnwshq- ingeiesrtsiaderneusesatfles etthsyeseillbhfldhtbe ionuciausrderinceausilsignsl

News Flashes

-e--—

(Continued on Page I)

The gentlemen who are to address

King's Bench.

i CONBIDERS YOUTH MQE

j Bis lordshipstatec he _took into olivine wo- man was 7011118. lust 28, that she was in a state of “frenzy caused by an excessive absorption oi liquor," and that she had not intended to kill her friend. but merely to give her a seyere lesson ,on account of "the accusation she had made."

Nancy Morrison. o! Scotilsh ori- gin, came to Montreal from Saint

John some months ago.

FINE BHMEBY LAST NlGHT Al PRINCE EBliiARll

Other Business Properties. Fire Hours.

Fire which broke out about 44w yesterday morning in the rear °i

Montague, caused estimated damage

Arlie Marks COmpany, destructive conilagramion in the his- tory of this important and thrlvln!

Se?” Second centre. Four buildlhzs were complete- wiih “Wh i. P , . . 3. rlC€ i1 destro ed and a number o! oth-

Love ” | ' ‘flames could be subdued. The pra-

The Ame Marks Players scored parties destroyed were:

“myth” deem“ h“ lust evening m, ‘Poolepdzfiompson building, “What PriceiLove," which drew {muck llmom’ bmldlngfiwtlid Y lull house at the Prince Edward]s' 5' uessian'lli'ooo' sgegoglmjgmfi: Theatre. Like their opening perform- ms’ J' GD MC n wilt ' y; O00 “we” the my pmved l° be a mm‘ ennc/lr oll-iessianls Nllililldirlvgelwh-s, cm comfidy with many excellent 1e d 'b stew!“ k wtmht ‘ma. dramatic touches which kept, the i Zeal“! A F. Campbell, Laden m“ audience in pleased suspense. u tau; bemg occupmd by M, 35$

Miss Arlie Marks in the leading 3 as h“ m, “mm '

role’ made a strong impression and The following buildings were con- wss enthusiastically received. Sh: ‘mu-um, ‘unused by n" and wit"; was given excellent support and the applause was frequent throughout

DESTIRUCTIVE FIRE: h‘.

Which DestroyedlPoole V T‘.'2ompson’s General Store and

Poole 8.". ‘Thompson's general store.

of about $130,000, it being the most.

l the fire had made considerable head ‘ ers considerably damaged before the way. There was a very strong west? _

SWEPT BYflgi.

M

And Residential ii, A Started In Early Y

r

Bank of Nova Bcotia. oihcs oi Dr. L. A. Johnson. '1 General store of J. A. Younker. The fire was first noticed by som I sailors on the wharf who sent in thl alarm by blowing the fog horn c‘ __ their vessel. i . When the crowd began to gathe _

,ar1y wind at the time and as th‘ buildings where the fire originate- were close together, it,’ looked as i1 a large part oi the town was doom; to destruction. The fire was ioughr wlth s gasoliris engine and. pum1 l‘ and three lines of hose, water balm - I taken from the river. '1

at 6.15 when it looked as if and f

fire would get beyond control, a mes" . sage for help was sent by His Wor-F .. ship Mayor Mabon of Montosuo t4‘ l‘.

“1

. 1 l {i

- (Continued on Page 8)

the performance. Excellent vaudeville. which lnclud~ c6 snappy singing and dancing num- bers. made the time between the acts llllss very pleasantly. ‘IVnighl-‘s performance

336' Murderers Escape Penalty In 21 Months

dcrs, Frederic R. Coudert, .lr., Repub-

"The Dumbell." which is advertised as containing "laugl-ia‘ screams, gig- gles-snd a tear or two?’ surely an attractive recipe for a good night's entertainment.

I will be

NEW roux, Oct. flt-liianhattan.

BATE-dc per word each insertion in this column.

‘ENVELOPE aruclALs-zoo r01,’ so; 30c m- ioo; 55c for 250-, e110". l

Oiiice.

bytheldsstsaaut Governors! qeebse. '

rlpecial to the Guarfin)? SHANGHAI. 0st. llv-Issilsnt Chill Ill lbtb ei tilt Halon-

y,

constituting the older section of New

twenty-one monihs between January 1st, 1928, and September 30th, 1929, and the District Attorney's office has . —"'-~ succeeded in sending one condemned imiiTl-IAL. Oct. IO-A method‘ man to the death house.

oi detecting the presence of icebersal There were 190 murders last year, within hi! inilh at sea by recordins for which there was not one convic- tholr explosions al was plfllotdti by Dr. Howard T. li'l murders in the first nine months harass. internationals known Mc- oi this 10hr. and one murderer was Gill Univlefl ice engineer, who lies convicted in the first degree.

rlhirndd hem a voyage of esnsrh- Oiting thess figures and giving out o! Newfoundland. sn itemized list oi ma year's mur-

Perfects System

York City, had 333i murders in the|

they disintegrate tion in the first degree. There were|

lican-Fuslon candidate for District Attorney, last night declared that the statistics "sum up the gincompetency i oi the District Attorney's oiiice under its control by the Tammany ma- china."

coincident with this, cams word from Bing Bing that when Frederick Edel dies in the electric chair. Dc- cernlzer 20th. for the murder of Mrs. l om “m. Mae Harrington, he will be the first W °P"- "I n" _ . . . person from Manhattan, executed in’ own!“ 0”“ ‘M’