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Prices Decline [On The Montreal Stock Exchange

DUMINIOII 0F CANADA

1934 REFUNDING 1.0m

WE SHALL BI PLEASE!) ‘H! RECEIVE YOUR SUBSCRIPTIONS '1‘) THIS LOAN BITE]! FOB CASH 0B IN EXCHANGE POI.

‘r "“~ wages-on“ mo!

VICTORY BONDS.

IRVING, BliEiiiiAii a conmiv LIMITED.

E. M. BAGNALI.‘

PHONE 338.

OWN

L-831-10-2-4-2l.

P. O. BOX 422.

' AUGUSTINE COVE SCHOOL

‘Honor roll for September:

Grade X-l, Gram Webster.

Grade lX-l, Wendell MacFadyen; I, Ilillian MacWilliams; 3, Kathleen MaoFarlane.

Grade V-l, Eileen MaoFadyen; 2, Muriel Clark; S, Olga Macwilliams and Frances Murphy (equal).

Grade IV-—l, Everett Wadman; 2, Lloyd Murphy; 8, Ellsworth New- some.

Grade III—I, Georgena Dawson; 2, Gerald MacFadyen; 3, Frances Sherren.

;Grade II—l, Lorna Macl-‘adyen; 2, Phyllis Wadman; 3, Arnold Murray.

Grade I (Sr.)~1, Bryce Clark.

Grade I (Jr.)—1, Margarte Mur- phy; 2, Eleanor Cameron.

Perfect attendance — Grace Web- ster, Wendell MacFadyen, Margaret MacPs-rianc, Eileen Sherren, Lillian

acWilliams, Myrtle Wadman,

ruoe MacWiiliauls, Eileen MacFad- yen, Muriel Clark, Frances Murphy, Olga cwilliams, Lloyd Murphy,

some, Marion Cameron, Reta Cam- eron, Helen Newsome, Georgena Dawson, Mervin Murray, Earl Wad- man, Gerald MaoFadyen, Lorna MacFadven, Margaret Murphy, Arn- old Murray.

Percentage of attendance-Slim.

‘teacher-Eva R. Stevenson.

(Patriot. please copy)

GRETA GAILBO IN HOS AL I8 SAID TO BE RE VERING

HOLLYWOOD, Sept. Sim-Greta Garbo, the “Swedish Sphinx" of mo- tlon pictdres, was a hospital patient tonight. Close friends of the actress admitted she had been in the hos- pital several days and that for a time her illness threatened to be- come serious. She is recovering now, and probably will be released in s day or two.

The usual precautions were taken w hide her whereabouts. Tflb Santa. Monica Hospital, where Garbo usu- ally goes for medical treatment, denied she had been there in recent

Everet Wadman, Ellsworth New-

months.

Advertising iiatcs-rliayahle in Advance

Ocntrsl flusrdisn locals, 4o. pcr wordy Western sud Busters locsls, lo. per wonlj Announcements sud Coming Events, lo. per word; Oisssified lo. per worrli In bfemorisln Notices, 70o. prr inohl Llsfs of Ilorsl slid Sdil-itnul Offerings, Cards, ofo., 4o per name; Letters of Condolence 10o. per inch: Notices of Thanks snrl Apprscist on, 10o. per inch or do. p"

word. Other rates on snnllsmflnn

llinlmnm Charge for s y ucleltnznls-st iuel-ty-flvs cunts.

+G§+O+OOQ

shroo Iss0!-

lATl r-iu per word, strictly

flons for the price of two, psysblo in sd-unco. '

Agents Wanted

W A N T E D ACROSS CANADA agents to sell Personal Christmas Cards. Samples styled in case form equipped with handle and dome fastener. Remarkable value at one dollar per dozen. Compare with others. Liberal commission paid men and women, spare or full time. Also good line of assorted cards in boxes with free coloured pictures as premiums. Write em- ier Art Guild, 202 Castle Bu ding, Montreal. N-ll22-till Oct. 20.

a

To Let

T0 LET-JIOOMS, APPLY SEA- man House. L-B03-9-29-8i

T0 urr - rulmrsrrsn nouss. Good locality. All lmpwvemeuis- Apply Guardian. 'L-840-l0-2-3i.

LET-TWO HEATED ROOMS.

App o dl Office. l’ u“ m L-sil-lo-l-si.

ii TO LET — CONNAUGIIT APART- ment, four rooms and bath. Elec. stove, heated, water. APDiY m"; L-lae-a-za-si.

T0 LET - THREE BOOM FLAT. first floor. Also room with or with- out board. Anniy Guardian 0i-

L-‘llii-ii-fl-SL

1:0 IET-FURNISIIED APART- mont in Parkdale Apsrtmentl.‘ West St. Ideal situation. Immed- iate possession. MflcKiiiiiflil 3F MsNeill, 00 Great George St.

14-‘764-9-28-1 W!

oosrlnaarsn APARTMENT 0N ground nool- oonsistllil; two iiv- ing rooms, fireplace. iarsc Iiiliii! sinned with sink. private Mil» apply as Bayfield st. LB2l-l0-l-8i .

. Work Wanted

CID GIRL WANTS

i k. A l uirnisn. P. s. gourd»: 115?!) y L-10i-B-20-8i.

1 ' I Lost

g manor: nmcx noo. ANI-

'we name ' 1". tax tug 16l- Phone 9021.. award. L820-10-1-2i

LOST-PAIR Gil-l! KID GIDVIS turdsy night. Ilnder niem I veg-J, L-m-lo-z-li.

Extra Money

AMATEUR ARTISTS SEND FOB. big catalogue of Christmas Card designs in black and white for hand colouring. A profitable sud interesting hobby. Many kc money colouring cards for heir friends. We also sell art supplies. Tally Ho! Art Shop, Wellington and York, Toronto.

N-llsl from ii-fl-to Oct. 20.

CASH IN NOW-ON THOSE Christmas Card orders. When you sell the best, its that much easier. “Imperial Art" and "Windsor" series, from $1 per dozen up. Also boxed asso. ‘ H -' carrying case with sample books free. Representatives wanted in your district. British Canadian Pulllishius Company. Patrick

Bldg, Toron . N-18l8-10-1-18i. For Sale

CARDBOARD SUITABLE lining outhouses. etc.,

FOB lo per

(C. P. By Gusrdisrfs lpoeisl Mrs)

MONTREAL. Oct. 1—We'skness prevailed on the Montreal Stock Brahmas today in sympathy with the Wall Street Market, where prices declined when traders found little encouragement from the re- rnsrks in the President's address. The range was narrow and the vol-

ulns was conside less than dim!!! the “ ‘ sessions of last week.

The interllsted stocks sll closed lower than their closing prices of the previous session. Brazilian ‘fraction was off 3-8 st ii 8-8. Canadian Pacific eased 1-4 at 13 1-4 and international Nickel de- clined 1-4 st 24 1-8.

Against "the trend, Canadian Cel- snese rose 1 8-4 to 10, which is an extension of the gain made by this issue last week and represents n three point advance within a week.

TO

w.

Sherwin Williams preferred and St. Iswrcnce Corporation preferred were so?‘ s point hiaher, the for- mer at sud the litter st ‘i. Brggflflilk gained i-2 t 14.

Bank was s soft spot in today's tradins. dinning three Wints st 102. . National Breweries Preferred at 86 sud Wsbasso Cot- tons at 2i. were each off one point. Czenersl Steel Wares was down 8-8 s l8, s new 1034 low.

Inter, tionsi- Power preferred, Montreal Po trial Alcohol “." Dominion Steel and Coal "B," Canadian Car pre- ferred. Shawls-inn Power and Cockshutt plow-were fraction; 10w.

er.

Among stocks to hold steady were M00011 r m, Massey Dryden, Hollinger, Steel of Canada,

ships and Howard Smith. Sales 0,921 shares; Bonds $12,200.

Stocks Tak Trend On N.

(By Frederick Gardner, Associated Press Financial Writer)

(A. P. By Guardian's Special Wire) NEW YORK, Oct. l-Stocks took the downhill path with commodit- ies today while the United States dollar gained.

Share prices crumbled easily under a moderate flow oi’ liquida- tion. It was the first day of full Federal control of security ex- change and so e brokers coupled the thinness of the market with the new restraints on speculation although trading has been at low ebb for months.

Movements in financial markets again made a pattern in reverse of the model familiar during the re- current gusts of inflationary senti- ment the past year and a. half. Stock market observers studied President Roosevelt's speech of last night without finding a satisfac- tory expianation for contrasting strength in the dollar and. weak- ness of speculative markets.

A sharp break in the pound ster- ling, which was off more than four cents, drew traders to the bear side of leading commodities and excited talk of a restoration of old relation- ships between the dollar and ster- ling as a prerequisite to interna- tional stabilization of currencies. The old purity of the pound against the dollar was about $4.88 and ster- ling at the day's low was less than six cents away from that level. The decline in commodities, with wheat off as much as 3 cents a bus- hel and cotton down $1.05 to $1.15 a bale at the close, joined with other influences in depressing stocks.

Ending hopes that President Roosevelt's address would spur security markets onward, the share list sold off abruptly at the opening and losses were extended later. The speech, however, evoked favor- able comment from some Wall

MARKET

(By Johnston sud Word's Spools! Wire)

MORNING MARKET LETTER

NEW YORK, N Y, Oct 1—Opcning

somewhat lower, the stock market

was extremely dull with Prices hold- o

Phone 1081-2-8. L-B45-l0-2-3i. FOB. SALE -— AUCTION I-‘OBTY- Five, Bridge and Whist Scorn Cards. Guardian Central Job Printnry. Nov. l-tf.

FOB SALE OI!- BENT AT BON- shaw good busin stand, includ- ing some lands. Csll Boston's Store. L-837-10-2-3i.

lheet‘ Guardian 081°" u‘ ing throughout most Saturday's ' . In the inst quarter hour FOR SALE — USED TBUQK, prices advanced to show fractional

gains for the llay on a moderate in- crease in volume. National Biscuit was soft ngnin but its notion appeared not to affect other- so-calied invest- ment stocks. Bonds and commodities were quiet and firm. The tendency appeared to be one of waiting for the President's speech with the firmness and laterally suggesting belief that it would holil some encourlkemcnt.

Lsldisw snd Company.

slinnrsmr

FOB SALE - CABINET BATTERY Radio. Good as new. Real bargain. Aiilill‘ 23'! Richmond Street.

L-778-9-29-8l.

POI]. SALE-ADAMS ‘IE-Ali WAO- gonJow-down wooden wheel. Also pipeless furnace. Apply Parker A. Home, ChTown R. R. 2. L-aac-lo-r-ai.

Male Help Wanted WANTED—IAN FOR FARM

work. Apply, Ivsn MacKinnon, DeSable. - L-182-0-29-3i.

Boarders Wanted

BOAI-DIRS ACUOMMODATID A’! I57 Prince Street, Ii-‘ITO-D-IO-Si.

Wanted

WANTED-PIANO ‘I10 BIN‘! I0! I inmlths. Vets Willisms. Phone I..-0!0-10-2-1i.

‘gm ‘mm cnABLoIlvrg_ 1 d Summ rsidc. one Cbsv- ' rolet ‘die. mull. Finder n Mucemnmm notify Guardian. L-m-m-l-li o a A a lot-shot on Wedrusdg. October- Hclp Wanted “um mo; rrso-ro-z-ai. % wAgwm-awybldlfodug Position Wanted

wanna-ax ssmcsn car- sblo experienced nurse (middle sgs) esre of invalid. or house- ksepsr in small family, (city or ‘Oounti-y.) References. Apply W

h-ssi, » . u“ . a" I-lM-IO-I

an ‘I20, 5il-lfimlfllddfi~ I. I-

NEW YORK. N. Y. Oct 1~rUYiK95 States Court meets st noon today.

r lcodin s in the fourth qullaliaghbfcaliiil-i wiilzbe 4,018,359 curs against 4,5.."0,780 in fourth quarter of 10:43, according to 1s slilnlme region- nl hoards.

Electric Power sud Light Corpn and subs in 12 months ended July Al, not losss$775,104 other all charges sgslnst net income of W73. iii Drflioill 12 mouths.

Msgssine "Stool" says steel makers enter the fourth quarter moderately eucoursged by tbs tlook for more action in the market. Operations dur- ing psst week l-ose 3% 0011i" 9° 35 percent of csvlicity.

Cuban Olbinot suspended constitut- ions1~ guarantees in Hsvsus snd 0r-

lmgca, quince-M‘ and Refining Co and IUDI in six months to Juno 80. not income sftsr sll charges equal on’ Ihll‘! l llillt 81.40 I aims uu ii var cent pf in first hslf 1038.

Americsp Power sml Li ht Com- psny and subs report for 1 mchi-lll ended July l1 shows net income, sfton sll cbsrgu oqusi to 11.80 s share on "some to id min-e u.“ on

' ‘ pfd n previous 12 months.

President Roossvei in rs io speech lsst night ststo bs will bold conferences soon looking to s specific

1a e me out flatly for individual laitQiItlvoc-sad fair vrlvm unfit for industry. ~

unknown-soup

so m can use was 0.1a b0 84 l0 0d ll 88 00:1. 3m __ _ _ . . 2- Util- .. 20.62 20.22 20.40 0.02 40 Bonds .... OHM 0-16 _ Dow Jones. IANON SAID

MONTRIAL, Que, l-ln his rsdio sildrsss lsst nl t, President

Roosevelt announced t t pisns sro now being developed which would Io- sult iu s temporary leiu in Ibo wir- fsre between cspitsl In lsbar. This

Fearing revolutionary outbreak. the in

Int trial period of industrial 00sec. Pro- within:

e ‘ Downhill Y. Egcchange

Street quarters which liked the move for a. truce between capital and labor and its general tenor.

The day's turnover was only 018,- 980 shares, but American Can, Du Pont, Santa Fe, Chrysler, General Motors, U. S. Steel, J. I. Case, Montgomery Ward, Celanese, U. S. Smelting and other prominent issues were 1 to 8 points lower at the close. National Biscuit was a Weill! 81101;. It dropped 1 5-8 to a new I934 low around 26.

The Standard Statistics Co. av- erage for 00 stocks yielded nearly half its gains on the rally from the mid-September low ponits. It fell 2.2 points t0 70.1, the sharpest de- cline since July.

United States government bohds were maimed to resist weakness elsewhere in the security lists, but

most of them finished with minor L

losses. Among corporate loans sec- ondary rails were heavy.

While imcertainty remained as to the longer term effects of Fed- eral regulatlon of speculation brok- era said they did not think provis- ions oi.’ the control act which be- came effective today had much to do with the selling. It tended, how- ever, to make the market thin as the result ofwithdrawal oftraders.

The market had rallied for two weeks wlthout a setback of import- ance and a reaction was considered due on technical grounds alone.

‘lrade news did not help markets Steel observers noted nnprovement in feeling in the industry, but the American Iron and Steel Institute estimated operations of the indus- try were down this week to 23.2 percent of capacity compared with 24.2 a few weeks ago,

The first western railroads to re- port loadings for lsst week exper- ienced a moderate decline. The Santa Fe reported loadings of 26,- 782 oars against 27,108 the preced-

ing week and 25,342 in the corres-

pending period last year. its sdvsntsges further. is bullish for business and stocks. -

The ‘resident, however, said _uot.h- ing enlightening shout such vital is- sues as the Administration's present

attitude towards further dollar rle- vnlualtior, international stabilisation

of currencies, balancing the federal budget, development o public works not now needed.

From s purely technical viewpoint tucks are still in a bullish position. The markets course from this Junc- tllre, however, will be im uencerl larg- ely by the general reaction to the President's speech.

Bsnon.

LIVESTOCK

(causal-Q Press)

MONTREAL, Oct 1—0fferings on tbs two Montreal livestock markets today totalled 10,063 bend.

Cattle receipts were 1,421 bend There was some improvement to the demand for cattle. Early sales were confined mostly to steers and were st pblces siosdy with to s sbsde hl her ban lsst week's quotations. lfty steers were picked out for expose. There were no straight losds of steers of top qnslit . Out of the 200 cattle weighed st tme of writing, there were 50 exports, s fu- cancers sud tbrbsl-snco were butcher csttis steer. star-ices ranging from $2.50 to woo. ows were slow ln stunt-

n

receipts were 1,270 bud. ‘Ibs bulk of the eslves were grassers. Ssios on these were active st prices estlmstod to be steady to cents when Good calves brought 05.50 to

.50 with medium kind. from .60 to sud common light vesls 1.25

.15. Drinkers rsugsd from 75 8.35. cslvss were sold for

were 5,782 bead. prices were study with lsst lloudsrs quotations. Good vwos sud b id for I515 Lambs tween 100 sud 110 pounds buudredwoilbt. xtrs bosvy lambs wei bing ll bounds or over wore cut nel- bund- rsdwsighbt. Cuils and bucks were out g per nndrodwsigbt selling for $2.15 keep from 1.50 to 82,50.

MCI

Dwss 01.00 to ts. ; lambs, good $5.10; common 82.15. no; receipts were 1,018 bond Up h

11.00 s. m. the price of bogs had not been established. A few sows were sold st 05.50 to 20.15.

(Cs-nsdiss Press) Toronto and Montreal-industrial stocks closed lower. - Tononto Mines-irregularly lower. ‘New York-Stocks lower and besvy

on. Winui eg-Wilest slightly lower, New orb-Cotton rubber lad cof- fee lower; sugar big er.

dsvolonnvnt. coining st “in: wbsu

e. ........—".:.-r......"-—

~. owl... .-. 1

Harris, B National Breweries, Canada Steam- n

TZRMZZTZAZGIEDBND Quo TA

N. Y. Stock '

Exchange

~..ii..i --l.- i —i (osmiu- furnished a was And Wsrd. Ionian-sol who fiontrssl ltoek Ixebssss sud lloutresl Curl Isrhl. IN Biehmond Inset Chsr. iotfotsws)

...l.'

Opened Lsd

Air R .. . i... i Aiiiededtmem‘ .. ". , " 1095/‘ '59. Allis Chllllll .

All lief .

Amer (‘In ... .

Aul (fur Found

Fur Pow .

wer, Canadian Indus-Aland

Atcblaon

B ,_ , Anaconda Cop',, Auburn '

Byers Anvil‘! 2.: Burr Add liluch .,

Coll Oil . 4 , g" Iifry Gin m." .' 15 5'5 "ii .. 3 Case qelfiresb 23% Cal Cgrp zfl/é 23%‘ 03g’: lslilll’ 01% W‘ Ches Ohio 53m‘ if,“ Cir-litre’ pol-ab ,, my‘, m‘ C lscr riot 330g, 39% oiumb Curb M‘ “; Coluln Gila Elec . 9i 67V‘ Coin Sol .. "' 101;‘! 5% Qon Gas a (‘on Oil _ “8' (‘Sn llln my . rn Products i " gel Hull W I llupnrlt Ad, ‘

. l 87 Eastman I\Odflk 991/: 99312 Elec Auto Lite C g3 my g5: Pow Llgu; ‘Z14 First its. ' 1.1% "Report! ‘fl-x o??? tiztfi gen Asphalt en El , ' Gen rufgd.“ 171/" gen Motors i old n ' ' / fiOflilflCllilstnlllj goodyenr llub 2],,‘ 201/’, irnham Paige V 111/‘ H,‘ Iliitlslol" ‘m,’ ‘ 5% W. Iutl Nrlr 29" ckcl ~ ., '1 Inii Tel *3}! ‘iflii? i“ - M? Kc nzl or ___ 12,; nllccott COD ... v.4 Lnnlhcrt Cn __ 1M4‘ 0cm, Incorp 341A Liquid (‘nrb -. 5,7,”- Loosc Wiles Bis Co . lucKeflihort Tin Pluto ‘w. liillrk 'i‘ruck __ ti“! Mini. Alkali 5* Miss Knn . . . . .. “a “out Wurd Nash m: ‘. Natl His

Natl llnir-y Prod hail Pa“; Light , New linvcn ..

New York Con , North Amer

Pllllillnn Cu Radio (‘orp _ Rmiio Keith Orph .

Rep Iron Steel S-"IPWILV Stores Sears Roebuck Simmons Co

Socony Vac ,, South I'm: South Ital] _ Stllnii (ins Elec . Rtllllil Oil Cill . Stand Oli N .T

i .. '- FINN”?!

PAGE gym

1 s-

TIONS’

_ BANK

‘Io

Subscribers to the

DOMINION y CANADA 1934 REFUNDING LOAN

@1113 Bank of Montreal, at any of its Branches throughout the Dominion, will gllil lb. hmrdle your subscription charge. "Application forms and copies of the oificlal prospectus with full details of the issue are available at any olfice of the Bank.

OF MONTREAL

Istsblisiiod r811

Over 550 Branches from Coast to Coast

Mt’l. Stock Exchange

Jouolailonn . by Jill-Hie" and Word members of tile llontred Stock Exchange, iilnntreni Curb Mirr- ‘

luwlll

iil.'u.. l'llli (‘llr (‘l-m i'illl l'llr l'.’|l

1mm 'i x Hull (ii-ll Shel \\':ll'l-.~1

lret. lse Richmond Street. ell-rum» All"

.\' .. Norniliia

ltoyiliiie .

Pross) 1—Eg s res!

in

(Oslrsdian MONTREAL, Oct higher in prion on the Mo ducc snd dairy mnrkt today. Graded shipments of eggs

conts s dozen for A large. i!!!

1,5 a cent, 22 cents fol B, up one and 10% to 20 cents for C up 1A Arrivals were 681 cases Fresh no 1 butter

‘brought

North Pile A" .. ' - -

Puck Mo: . l’u\\' §',',‘,l',',"'."- __ changed from lsst week. Small lots

Penn linll _ .\ lllgu 0i] , to retailers were agin 201,5 cents s.

Pub Scr N J l) . 1-"y1“,,§1¢r , _ , _ __ pound for solids and 21% cents for

Phillips Pet .,. . ' 1-9; i‘ _ w prints. Receipts were 121i boxes. O Il-i

and white 1 to 10 cents.

vim (‘v1 1mm I “cm; Ann, colored brought 0% o 9% cents q (‘an (mm mm .1;,.,,., (mm pound and white was 0% cent! s pound. Receipts totalled 3 boxes.