I

A USE Guardian Wtlilli rA(lS ---Phone 3632 0

Monday. July 19, 1954. The Guardian Page 9

T0 CIOSS FISH will help farmers make but use TORONTO (OP) gg Lmd. ma of their woodlots. advise on deer Forests Minister Mapledoran has m3nIl9m9n3- "14 Glpefimem With announced establishment of a pro- the crossing of musekllunge and vincial experimental station near pike to produce a new type of fish Sturgeon Falls. Oni.. about 20 called tiger-pike for use in Lake

Ifirst Lubricating Oil Plant for Western Canada

Auto Loans

a loan on your car can be arrang- gd quickly and privately at Trans- flanada Credit Corporation.- Each pm; up to 81,500 is life insured to take care of unpaid balance in case of death. A courteous Trans- Canada Credit counsellor inter- views you privately.

TRAN S-CAN ADA coB.r'N. Cnmnn: - LIMITED

(a subsidiary of Traders Finance Corporation. Ltd.)

B. C. STEEVES. Branch Manager Block Bldg., IMA Kent St, Charlottetown, Phone 8523

Agents Wanted

POST OF LIVING 18 HIGH? It you want to balance your bud- get apply for a Familex agency. Interesting profits on more than 250 household necessities, all guaranteed. Openings in your area. Write for free details and catalogue. Famllex, 1600 De- lorimier. Montreal.

cars & Trucks For Sale

..:..-L.-A-A--:L. FOR SALE - I954 ANGLIA, 4,- 000 miles. Radio and fog lights. Call 7648 after 1 P.M.

-Found

STRAYED TO-N PREMISES. ONE horse. Owner may have same by proving and paying ad. Everett Fisher, Peakes Road.

wile-male Help Wanted

.L..L:..?.-j- WANTED.-MAID OB WOMAN for tourist home. Mrs. Arthur MacEwen, Box 225. Summerside.

LADIES . . . HERE IS WHAT YOU want. Earn extra money in your spare time. Sell guaranteed cos- metics. 'Smart sample kit. Ex- perience not necessary. For in- formation write to Doraldina Cosmetics Company, 1600 Deiori- mier Dept, ll. Montreal.

git Fgorgllant A Z 1

FOR BENT - FURNISHED apartment. 4 rooms, heated, near City. Dial 5872.

Iron naxr -. snmu. Await? ment; also roomers wanted. Ap- ply 233 Queen Street.

FOB. RENT - 3 ROOMS: BATH view of harbour. Private entrance. Apply B. 0., Guardian. ,

For sale

FOB SALE - CHESTERFIELD suite. Phone 4061.

,.....L-.L. - LL . -.-- -

-FOB SALEOASTBAL REFRIG- erator. Apply 226 Queen.

FOB SALE -7-BOOM HOUSE. central. , Apply , Box :13. G. en) Guardian.

FOR SALE -- 400 BB K N. H. PUL- E.

lets, 5 months ready to lay. R. S. lies-i-. Eldon.

FOR SALE

Double Headed Grain Grinder (24 inch heads) 2-30 H.P. Motors installed on shafts. Bucket Elevator with motor driven head. In- cluding new set of grinder plates. In excellent running order.

HALIFAX MEAL MILLS LIMITED, Halifax, N. S.

-g FOB SALE - ASTBAI. BEFBI(.i:- orator. Apply 226 King St.

FOR SALE - COLLIE PIJPS. Roger Maccaiium. Marshfield.

FOR SALE - STBAWBEBBIES. 10c box. Bring containers. Lorne Kieily. Covehead.

FOR SALE - HALL TBACTION power sprayer, excellent condi- tion, 8150.00 - Austin A. Scales. Freetown.

FOB SALE - ENTEBPBISE OIL range with electric oil lift, and range boiler, in good condition. Eliseo also. Phone Summer-side

FOR. SALE - MASSEY-HABBlS- Ferguson Limited property locat- ed at 130 Kent St... Charlotte- town. For particulars Apply at premises.

ma SALE-NEWLY rmassu-fit ed cow. and one to freshen Edward Doiron. New Glasgow.

I FOR SALE BY TENDER

sealed tenders will be received at the office of the undersigned until noon Friday, .luly 30, 1954. for the following assets of Dugiilel -T. MacNult of Kcnslngton. P. E. 1.. bankrupt--

i1) Summer cottage situate at Margate. P. E. I.

(2) 1953 Ford Automobile in good condition. May be inspected

-it premises of James E. Mac- Ntlll. Kensington. (3) John Deere

Model 12A Combine-New 1052. ,

(I) John Deere Model B Trac- TOFI John Deere No. 51 three- furrow plow. The Combine, Trac- 9l' and Plow may be inspected It the. premises of I. D. MacNutt. Mnlveuu-.' .

70? further particulars apply:

EASTERN TIt0g1' COMPANY 150 nlehtaend Street.

For Sale

FOB SALE - ASTBAL BEFBIG- erator. Apply 226 King St. FOR SALE - TWO EXTENSION

ladders. Cali between 6 and 6:30 at 103 Richmond St.

FOB SALE - '1 U2 ILP. OUT- board motor. Used one year. Priced to sell. Phone 6151.

FOR. SALE - ONE HORSE, 9 years old, Bound, quiet, weight 1200 lbs. E. Royalty. Dial 587:.

FOR. SALE - S REGISTERED boars ready for service. Dam score 86, grand clams 95 and 91 Oliver Meek. French River, P.E.I.

FOB SALE -- I USED POTATO sprayer. 1 used riding horse hoe. 1 used hay mower. 1 used hay

-loader. 1 used hay rake. Would accept grain in exchange for

I

above. J. W, Don Campbell, Al- berton. FOB SALE O ISLAND WOOD

shingles. Sq. 56.00. Asphalt vee- lock-S5.95. 210 lb. butts-39.75. l Astral refrigerator used two years-525.00. 1. only 9 ft. Mc- Clary electric refrigerator, 5 year guarantee on unit-5225.00. McGowan's Limited. Kilmulr.

FOR SALE

8-ROOM HOUSE All Modern Conveni-

ODCSS.

' G. F. MCEWEN. Albertans Phone 83-2

I

For Sale

LARGE LOT t On Airport Road near Beivedere Corner. Size 100

-ft. frontage by 180 ft. deep. PHONE 3072

For Sale-

Summer cottage at Fortune Bay, P; E. 1.. owned by the late Stirling Blanchard, containing 4 bedrooms, living room and kitch- en. ator. china, et.c.. electric lights. Attractive surroundings, rock gar- dens. flowers, hedges, etc. Ap- proximately 50 yards from excel- lent beach. Good trout fishing nearby.

For further particulars Apply

THE EASTERN TRUST

COMPANY 154 Richmond Street.

i.ost

LOST - SE5 or KEYS IN CITY. Pindrx return to Guardian. cfo (Cox L. Y.

LOST .. mm swasraa fr: tween Simpson: Order Office and Parkdale. Dial 7691.

..M...:.?...LL:- LOST-SMALL TORTOISE SHELL cat in vicinity of Exhibition Ground stables. Finder phone

..:..??.--:--O

LOST - SPABE TIRE BETWEEN Appln Road and Kingston. Finder please return Jim Toole, Bonshaw. Reward.

L LOST - BETWEEN CHARLOTTE- town and Dlngwellis Mills. milk can. finder please notify Central Creameries Limited.

LOST - A BROWN AND WHITE small rat terrier dog with short tall, called "Skippy." Lost on' Cumberland Street. Phone 4184. 40 Pownal Street. Reward.

ATTENTION:-YOUNG MAN aged so years requires Job as. travelling salesman. Guarantees to boost sales low; in one year. Phone 7459.

Male ilelp Wasted

....:...:....L-L.-. WANTED - MALE NIJBSING Orderly. Apply P. E. Island Hospital. '. ' WANTED -- MAN FOB FARM work. Lloyd Mscwilllams, Carle- ton Sidlng. - WANTED - IMMEDIATELY, 30 ill!" for cutting pulp. in George-

town ares. Transportation pro- vided. Apply Gotell Bros. Georgetown. or Harry Mac-

Laughlin. Stanhope.

orroniuunv

DOMINION AUTOMOBILE ASSOCIATION

Canada's Most Progressive Motor Club, requires sales representa- tive. In Charlottetown and sur- rounding districts. Group sick- ness, health and accident bene- fits. pension plan and other secur- ity and benefits for the conscien- tious salesman. Desire to work more Important than-past exper- ience. Write In- confidence to Box 53. Guardian. Office.

A. Macftae. East I

Fully furnished - rcfriger-,

Total

TO LET SMALL HOUSE ON Airport Road. Phone 5982.

TO LET - FURNISHED ROOM. 206 Grafton St. Dial 8891.

Ieaoliors Wasted

Bcnshaw School. mond, Secretary.

WANTED - TEACIIEB. LAKE Verde School. Apply to Raymond Wood. Lake Verde.

WANTED

HIGH SCHOOL TEACHER for DAWSON SCHOOL '

Dawson City, Yukon Terri- tory.

Major subject-science. Other subjects to be arrang- ,ed. Salary S3250-34000 de- ?pending on qualifications land experience. Apply:

A. C. CAMPBELL, Principal, Dawson School 10932-87 Avenue Edmonton, Alberta.

Mrs. Neil Sal-

WANTED - TEACHER. FOB Mount Tryon School, u00.00 Sup- plement. Wilbur Waddell. Secty.

TEACHER. WANTED -- A MALE Vice-Principal wanted for Bouris High School. Supplement 3485.00. Apply stating experience

I to the Trustees Souris School.

! Wanted

LWANTED - SMALL GAS ENGINE

Lorne Hurry, Winsioe.

WANTED-ALE BOTTLES. PINTS or quarts Dial 8595. Michael Eros.

WANTED -- A GOOD USED HEB- osene refrigerator. Write Box 536 Guardian.

WANTED - I00 SPBUCE LOGS. 8 inches small end, 14 and 16 feet long. Kings Mill, Mont- ague.

WANTED TO BENT - ONE large unfurnished house. with- in flve blocks of P. W. C. Ap- ply "Y". Guardian.

LADY WOULD LIKE BOABD and room. In country home for a couple of weeks, near Catholic Church. Write Box 539. Guard- ian Office.

WANTED

immediately, a competent

lcook for girls camp, at Church Centre. Cranaud. Good wages.

Pl-IONL our:

work Wanted

WANTED - WOBK.CABPENTItY. painting. Grant Pietzsch, Phone 4330.

Harness Radio

A Waves from Sun

CEDAR RAPIDS. Iowa (AP) Radio waves from the sun can now be harnessed by an electronic in- strument to do all-weather naviga- tion work for ships and planes. Arthur Collins. president of the Collins Radio Co.. of Cedar Rap- ids. disclosed today.

The instrument is the first radio sextant, an electronic successor to the hand-held sextant used for cen- turies by marlne navigators. But where its predecessor required a clear sky to obtain "position fixes." the radio sextant relies only on the sun's radio waves which pene- trate rain. snow and cloud cover. Developed for the U. S. Navy bureau of ships, the radio sextant

I

vessel. The U. S. Air Force also has sponsored an airboorne version of the sextant.

The projects have been under security wraps for several years. 'Using a sensitive radio receiver. the instrument uses a small dish antenna to detect micro-waves from the sun, thus supplying data by which a navigator can readily pin-point his crait's precise latit- ude and longitude.

wsuran - ramcsrss. sron'

has undergone tests on a navaly

M a . :...:..

New York Stocks

NEW YORK (AP)-The stock market punched ahead last week to new bull market peaks.

There was a general rush to buy on the part of traders. speculators. investors. and the public at large, as business boiled up to t.he,great- est totals in the last 3115 years. It Was the fifth. straight weekly ad- vance for the market,

In the last. 10 months there have been only; a few downward correc- tions along the way. That is un- usual for the stock market. The usual .thing is for the market periodically to retrace one-third to two-thirds of its previous rise in a reaction in order to consolidate its gains for a new push ahead,

Last week volume hit a total of l2.828.000 s h a r e s. the greatest amount of business for one week since early in February of 1951. PUBLIC PARTICIPATION IThere has been increasing public participation in the market in re- cent weeks as contrasted with pro- fessional trading or the orders of such institutions as mutual funds or insurance companies and banks.

Furthermore. trading emphasis

type blue chips to the more spec- ulative and lower priced stocks.

But words oi caution now are coming from many Wall Street brokers.

That doesn't mean a crash is just around the corner. But it does mean that some oi the signs of a general reaction are in the mak- ing. As one broker explained. the more the public becomes aware of the possibilities of a reaction. the greater are the c h a n c e s oi weathering the blow with sound stocks.

SUEGED AHEAD

A week ago the market surged ahead in its final session to a high for the year, but on Monday and Tuesday the brakes were set. Wed- nesday's market was higher again, and volume was the best oi the week.

The Thursday market brought one grand rush of trading at higher prices that sent volume to 3,000,000 shares. greatest in the last 15 months.

Friday's market found irading' short of the previous day. Prices sagged a little despite a late rally and closed on average only a shade below the peaks of I29.

ACTIVE ISSUES

The five most active stocks last week on the New York stock ex- change were: Curtiss-Wright up Us at 11Vs', International Tel- ephone up 1Va at 20-ii; Burlington

.Mills up 1V4 at 15; Pan American 'Worid Airways up 9': at 139i. and

North American Aviation up 6 at 409'. 'lThe five most active issues on

were: Claude Neon up Sis at Hit: New ldria Mining unchanged at 27.3.; Pressed Metals of America up 2”'4 at 15550; Equity Corp. up 1.8 at 3'.n. and Ford Motor of France up 1-16 at 1 3-16.

International Nickel gained Va and C a n a d I a :1 Pacific fell W; among Canadian stocks, which closed mixed.

On the American stock exchange higher Canadian issues included Lake Shore and Giant Yellowknife, both up Vs.

MINER KILLED I

SUDBURY (CP) Wolfgang Dams, 33, Falconbridge nickel mines worker was fatally crushed Saturday between an engine and a driftpost as he w o r k e if under- ground. Dams and his partner. A. Melynchuk had just finished filling an ore train on the 2,450-foot level when the accident occurred.

Edward Gamble.

Dial 3912

has shifted from the investment-I

CLEVELAND (AP)-U. S. Steel production, snapping back from the July 4- holiday but still crlmped by vacatipns, Jumped 5.5 points last week to 65 per cent of the in- dustry's rated capacity. The rate was 73.5 per cent before the holi- day.

Steel magazine. pointing that out Saturday, , noted that production was 24 per cent less during the first half of this year than in the first half of 1953.

The metalworking journal pre- dicted. however, that automobile production will be reflected in steel buying. and tisteeimaking in the last half of this year will exceed that in the first haif."

USE ONE-FIFTH

Car manufacturers, using up steel stock piled during the Korean war. dropped their production only 10 per cent.

The journal said such inventories were greatly reduced and from now on car building should result in orders for more steel. The auto- mobile industry uses about one- fifth of the steel supply.

Steel ingot production in the first half year totalled 44,128,998 net tons, compared with 57,945,936 in the first half.

"Steel" said its price composite on finished steel rose 75 cents to reach a total of 3l14.9l a net ton. The m a g a z in e's composite on steelmaking scrap went up 34 cents, to reach a total of s27.67 a gross ton.

May Put Iranian Oil On Market

TEI-IRAN, Iran Reuters - Tin- ance Minister All Amini announced Sunday night agreement in prin- ciple has been reached between Iran and eight intematlonal oil companies planning to put Iranian all back on world markets.

"The negotiating stage now is ended and the agreement must be drafted by 12 international law and financial experts," he said.

"This should take no more than five days, working day and night."

A separate agreement on the compensation issue between Iran and the Anglo-Iranian Oil Com- pany remains to be finally agreed upon but Amini said he believes this will take only two more days.

He said compensation for Angio- Iranlan for the Abadan installa- tions nationalized by Iran in i951 would be "very little-much less then expected-probably less than 530,000,000."

Value of the installations has been reported at about .t350,000,-

the A m e r l c a 11 stock exchange 090

Amini said the first year's out- put has been set at 13,000,000 tons of oil. I

Record Grain Shipment

MIDLAND. Ont., - The largest shipment of grain ever carried on the Great Lakes O 7.'il.000 bushels of No. 2 Northern wheat - was unloaded here Into the Canadian National Railways elevator for transhlpment by rail to the At- lantic seaboard.

The record grain shipment ar- rived here in the Scott Mlsener. Colonial Sieamships' new giant grain ship which was on her maid- en voyage from Fort William. The Scott Misener is reputed to be a fast ship and made good time on its trial run to the Lakehead from

FOR SALE

Farm property containing sixty-eight acres of land, situated at Murray River, formerly owned by the late-

...a

L. H. KENNEDY REAL ESTATE BROKER

168 Great George Street

A. Walthan Gaudet. l.L.B. Phillipa Bldg. Ill Grafton St

Boll. Matheson 8: Foster tso Blchmond St.

To Erect Laurior Monument in Iluelioc

QUEBEC. (GP)-A monument to

Sir Wilfrid Laurier. I"rench-spealr-

lng prime minister of Canada prim" in the First World War, will prob-

ably bg erected in October in a lower town park.

Emile Brunet. Canadian sculptor

who has been commissioned for the

work visited Lt.-Col. Oscar Gilbert. chairman of the t com-I mittee, during the weekend and said the bronn statute will be

shipped n"om Paris to Quebec In

September.

Mr. Brunet is the sculptor of a

statue of Sir Wilfrid erected inMon-

treat a year ago. The sculptor has

a studio in Paris.

Erection oi a monument. to Sir

J. Elmer Blanchard, B.A. idii Queen St. PIIon1.42i't

M. A. Partner, Q.C.. L .B. Bank of Commerce Bid .

Gsudet & llaszard Bank of Commerce Bldg.

Allison M. Glllia. LL.B. in Bichmond St. om am OPTOMETRISTS J. A. Carrutlrers. B.O. ts: lent St. pm am Byron J. Grant, 0.D.

as sent st. our son H. J. Mabon. lt.0. smrtusuo. r. r. r.

J. S. Taylor. 8.0. Corner Rent A Queus Sta. office 0133: Tllouse nos

Wilfrid was prompted by a com- mittee oi business men headed by Col. Gilbert. publisher of the daliyl newspaper Llvenetnent-Journal, and Le Soleil. The Quebec legis-' laturs voted 820.000 toward the

monument. Funds were also raised

am of the monument is

SIN!!! .0iIcU'"'.

by public subscription. still

CHARTERED ACCOUNTANTTS MoDONALD. ctfmm: a 00.

I PROFESSIONAL CARDS

BARRISTERS. SOLICITORS. Etc.

G. F. Huicheson 0 Son F. G. IIUTCHESON. R.0. 53 Grafton St. Dlill 533?

Frederic A. Large, (2.0. Boyal Bank of Canada Bldg.

Palmer & Hasiam Bank of Nova Scutia Bldg.

Matheson. Peske A Nicholson I75 Grafton Street

J. A. Macfiulgan. B.A.. Currie Bldg. - Dial 9420 - Queen St

(3. E. Macmillan. B.A.. LI..B. in Prince st. om ms

MacPhee & Tralnor iss Queen at. pm 4232

Chas. n. McQuald. in. ID! Blchmond Sf. Dill SIII CHIROPRACTOR

Dr. W. R. Carson m Prlneo sr. - Dial am

Currie Bldg. Charlottetown Dial Illd II. B. DOANIZ 8 COMPANY

Charlottetown III Great George St.

raucous-sus e.-- 2.0.8953!

sy ans sususuv-rox Canadian Press Staff Writer)

anmomon (CP)-A few daysl ago. a field of ripening hay stood. amid the silvery towers oi the Im-I perial Oil Ltd. refinery in Strath- oons municipality, Just east oi Ed- monton.

In a few days, the same'field will be alive with the lusty activity of bulldozers and other equipment tearing up the ground for western Canada's first large-scale plant for thl: manufacture of lubricating oi .

Today, surrounded by bales of newly-cut alfalfa, Reeve A. M. Adamson of Strathcona turned the sympollc first sod on the plant site. Construction is expected to be com- pleted by Sept. 1 next year. Pro- duction ls scheduled for early 1956.

The 814,000,000 plant will add 150 more workers to Imperial's pre- sent payroll here of about 300. It will cover about lay, acres oi my company's total 360 acres.

SECOND T0 SARNIA

The plant will be second in size and capacity only to lmperials lubricating oils operation at Sarnia, Ont. It will make areas west of the Lakehead independent of east- ern Canada except ior specialized oils for which there is only a lim- ited demand.

About '750,000 barrels of auto- motive and industrial pits will pour annually from the plant- about 2,000 barrels, or 70,000 gal- lons daily.

Oils will be "finished" under a new company-developed process known as hydro-finishing. Previ- ously, lubricating oils were ill- tereci through clay in the final stages of manufacture to remove any impurities. Hydrogen gas will now be passed through the oils -for the same purpose,

This will be the first commer- cial application of hydrogenation to lubricating oils.

The hydrogen will come from another new unit-n. catalytic re- former. Thls will take 2,000 barrels a day of heavy naphtha oil from the reflnery's crude still and crack it down in the presence of a. cata- lyst. The unit will yield both hy- drogen and a high octane gaso-

chlsed dealer to open a Char- Iottetown office and handle the distribution of its new and rev- olutionary product. Although no spccializcd experience is required. applicant mIist have vision, en- ergy and proven ability. If you are sincerely seeking a lifetime independence, and have 32,500 immediately available, write fully for conference. Give phone num- her. Write Box 538. Guardian