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Stock Markets

Supplied through courtesy oi Wil- lis Securities Co., Stock Brokers, 79 Queen Sh, Charlottetown. Phone 42 and 1170.

ALBERTA PACIFIC CONSOLIDATED OILS. LTD.

Csptinlizltlorh-Authorized, 5,000,000 shares; Outstanding, 1,500,000 shares.

Acreager-ZBO acres in Turner Val- ley, 80 being located near Associated; 320 acres in Jumping Pond; 853 in Williams‘ Field; 320 in Wainwright Field; 2,040 in Milk River; 2,800 in colitis Field; 1.coo in Red Coulee; 2.920 in Del Bonita. Field; 160 in Monarch Field; total, 11.293 acres.

Other- assets.-i50,000 shares oi Home Oil 60.: cash and bonds, $230,000. '

Eu-nlnpiompany has received a 20-cent dividend from Home Oil, which brought $30,000 to the treas- ury July 1st. A iurther dividend oi 25 cents will be paid by the Home Co. v August lst, which will add $37,500! to Alberta Pa:iiic‘s earnings. Home oiiicials have stated that the Com- pany will pay either 20 cents per month or 25 cents, the zo-cent monthly payment would net A. P. Con. $360,000 per year, and 25 cents ‘per month would give it $438,000‘ from its holdings oi 150,000 shares oi‘ Home Oil stock. i

Calmont royalty-Calmont is pres- ently drilling 3 wells on the Dallas lease, near Home properties. A roy- alty, amount unknown, will be paid to Alberta. Paciiic on any wells drill- ed on the Dallas property.

Drilling program-Will drill ten wells on Turner Valley property, two being drilled simultaneously. For sev- oral months last year the Company maintained core drilling rem in the Milk River area, near the boundary. and put down eight or_ien wells beiors selecting a location ior actual drilling ior oil.

Wellm-No. 1 well spudded in in June. being located close to Asso- ciated N0. 1 well. No. 2 is 650 ieet southeast oi No. 1, being spudded in early in July. These two wells are being drilled by Noble-Olsen 00.. Tulsa. Oklahoma. It is expected that Yﬂ-St time will be made, as they are located on structure similar to Bal- "0. on whose N0. 1 well Oklahoma drillers aremaking such splendid time. _

Treasury positlon.—'i‘he balance iheet 0i Alberta Pacific Consolidated Oils ior the year ended December 3i, 1928, showed receipts oi $175,000 irom Home Oil Cm-pn account oi leases Ind 81,481 on account 01' royalties. Loan and intcrestis shown amount- lns to $0.175 irorn the Dallas 011 C0- Wit-h receipts for equipment sold to_ the value oi 82.190. Other income was: Interest on investments. 83,610: survey refund on High River oil lields, 8500; and Illinois-Alberta Oil 170-. $377. Total receipts were I315.- l09.-out oi which Company invested 1111.912, some $20,000 beinl used 1°!’ development, oiiice and general ex- Denm, leases, equipment and taxes. rash on hand being 820.779. The only iilbiiity was accounts pelyable to the amount oi 01.000. Total assets were shown at 01,514,211; cash was 0001"! ll- $20,84'I; investments in compani amounted to 8153.851; bonda- ms.- FBI; account receivable. $1.010: leas- N. $864,741. Development amounted to $129,248 and organizatio totalled 832.921. Item oi equipment at 01.590 brought the total up it $1,514,211. History-Company incorpﬂflild l" berta in 1018 ior purpose oi con- olidstlng iollowing companion M!!!" lis. two old for one newraommcr- iai Oil i On, two old ior one new: Jborta Pooiiio Oil, chars ior chm:

thirteen. Dirsctom-President, Dr. A. B. Singleton; vice-president, H. G. H.

Glass; secretary-treasurer and man- aging director, A. G. Clarke. Other direciors: Dr. Wm. Hackney, I. W. McArdle, F. T. Wright, James Dum- ma. t ~0¢her corporate‘ detaiisi-l-iczid oi- iice, Lougheed Bldg, Calgary, Trans- iel- oiiice, A. G. Clarke 8t C0,, Ltd. 515-519 Lougheed Bldg. Calgary.

Remarks-Company has advantage o; acreage, located in immediate vi- cinity oi Associated and Home O11. in addition to over 11,000 acres spread ,out over various structures. The 200 ‘iacres in Northern Turner Valley are ialso splendidly located ior oil pro- duction. When wells are brought in Company has no royalties or drilling costs to pay, so will enjoy iull pro- ‘duciion. Holdings oi Home Oil Com- Plhy. amounting to 150,000 shares, gives Alberta Pacific 17% oi all mon- ies paid out by Home, to apply against its own development costs. Three wells should be producing on. the Dallas lease beiore the end oi 1929, so that Alberta Paciiic will enjoy considerable revenue irom that source. It would appear that the Company is working itseli into a splendid po- sition, and over the next year or so the stock should reﬂect this.

THE MARKETS

MONTREAL, Que, July 23.—(Pro- duoe marketi-Cash grain prices ad- vanced 2c per bushel, owing to con- tinued strength ln Winnipeg options and lessening supplies on the spot. There were no other price- changes. Trading on the local butter market was quieter. Easterns No. 1 at 3814c per pound._ Wholesale houses an- nounced that starting tomorrow re- tail prices would be advanced one cent per pound. Ths will bring pres- ent retail prices up to 40c per pound for solids and 41c per pound ior prints. Receipts were 405 boxes com- pared with 59 boxes on the same day last week. The local cheese market was extremely quiet with no price changes. Receipts were 9,682 boxes against 8,436 on the some day last week. Fresh extras were higher on the egg market selling at 40c per dozen. Fresh firsts sold at 32 to 33 cents per dozen and iresh seconds 27 to 28 cents per dozen. Receipts were 1,788 CESCLES compared with 2.014 cases on the same day last week. New potatoes sold at $1.75 per 80 pounds ior local stock. Other prices were un- changed. A

OTTAWA. Ont, July 23.—(Eggs>— The general sentiment on C- " - egg markets is unchanged today. Some iurther decline in receipts is indicated.

MONTREAL r-‘riiis egg market continued quite unchanged except on extras which are in demand. This grade is Jobbing here at 33c.

ToRoNTor-This egg market con- tinued steady with no change in prices. There is, however. some in- dlcation oi a slight decline in re- ceipts. Dealers are quoting country shippers ior ungrnded oils delivered. cases returned, extras 28: iirsts 25; seconds 21. ~ _

EDMONTOIQE-Iigg receipts hero are now showing only a slight lur- plus over local requirements. Dealer! are quoting country shipplrl for un- graded eggs extras l2; iirstc 20;

ds 14.

8T. JOHN:-—'l‘ilis egg market con- tinues iimi with good demand especi- ally for iirsts and seconds. Dialer: an quoting country shippers iorun- graded eggs extras 29-91; iiratc 20-29; seconds 20-22. '

America: ﬁlms m tho moot popu- lar in Bruii. with iracilian produc- tions next.

m luau: BAii iliillili

AMIIICAN LEAGUE

IintGl-mc. 8-8.2. Cleveland .. 1 8 0 Philadelphia I0 0 Second Game. l, 3.12.2. Cleveland ... ... .. 918 0

Philadelphia .'..'._s 1 0'»

B. H. It‘. natnm ... ... n. ... ... 510 2 New York u..." ... ... .. ‘I 8 0

_ n. n. e. st. Louis ...1l 12 o Boston ..L ...4 la s

nan Chicago ... ... ... ..8 8 0 Washington .. ... z 4 is

INTERNATIONAL LEAGUE

‘First Game.

. 3.12.11. Jersey City ... 2 9 0 Toronto ... ... ...'l12 0

scond Guns. RILE. Jersey City ‘... ...5 8 0 Toronto ... ...! 5 1f _R.H.B. Newark . . . . .. ... ...0 5 0

Bndhester .. .9. 41o o

ILB.E. Baltimore ... ... ... ... .. 2 6 0

Montreal s "a o 8.11.15.

Reading ... ... ... ... ... 914 0 Buffalo .. ... ... “.1011 2

NATIONAL ‘LEAGUE , ' 3.5.112. Philadelphia ... ... 210 I 8t. Ionic .'.. 8 ‘i 0 FlrstGamc. ' 1

ILILE.

Boston “.512 2

Cincinnati ... ... ... .39 14_ 2

REE. Second Game. ' Boston 811 0 Cincinnati ... ... ... .. 0 7 0

. 3.12.21. New York ... ... ... .. 0 4‘ 1 Chicago ... ... ...‘ ... ... 2 4 0

_ EHa~E| Brooklyn ... ... "-1018 1 Pittsburgh .. ...5....'I 9 1

ATTEMPT ABANDONED (Canadian Press)

HALIFAX, N. 8., July 2—A projec- ted attempt to cross the Atlantic in s, small open boat was abandoned at, Jeddore. N. 5., when the engine o; the craft in which David. Turnu‘. Norwegian youth, started from Bos- ton. July 4, ior Hcvre, Francs, re- iused. to iunction. Tumor ieit his boat at Jcddors and was brought here today by a government boat. He joined the crew oi the Lunehburg iishing schooner Maid oi Francs.

Observation buses have Just been put into service over the Grampians oi Scotland.

While there were icwer marriages. births increased in England and Wales last year.

New Annan

Dance Entries srsrnmcmo

boon n. Gallant. mot. Weeks, stein LeClair, Lot 28, Mrs. Harry Mutch, C. Badoqua, Ikiedn Bernard, Tignish. Miss ‘Ihomson. Otcary.

HIGHLAND COSTUME DANCING

Miss Mary Trainor, Charlottetown. Dulcie and Maris Walker, Charlotte- town. Five Burmgcrsido girls in spe- cial Highland dance via, Clare Mc- Nsill, Mary McNeil], Helen iidcPhee. Margaret McNeil, Helen Woodside. l More’ entries later.

‘How They Stand

AMERICAN LEAGUE

Philadelphia. New York St. Louis .. Cleveland

Chicago . Boston . . ..... . . . . . . . . . . 26 63 .284 NATIONAL LEAGUE

Won Lost RC. Pittsburgh 56 30 .651 Chicago .639 New York . .560 5t Louis . . .489 Brooklyn . . . . . . . . . . . . . . . 39 47 .459 Philedaiphia. . . . . . . . . . . . 36 50 .419 Boston 37 52 .416 Cincinnati . . 33 53 .384

INTERNATIONAL census

Won Lost RC. Rnchesterl.............. 61 3B .616 Toronto . . . . . . . 56 45 .554 Montreal . . . . . . . . . 52 49 .515 Baltimore ............-i 49 47 510 Newark 49 49 .500 Reading . 4s 47 .495 Buiialo . . . .. . . . 47 53 .470 Jersey city . . . . . . . . . 32 84 3"

BASEBALL

A very inetresting though high scoring game oi baseball was played on the Morell West grounds on July 21st, which resulted in a score o! 22 tn 14 in iavor oi West St. Peters.

The high scoring was no indicat- ion oi the playing o! the game. Ex- cept ior two innings in which both teams scored heavily Morel! in the ilrst and sixth and West St. Peters in the fourth and ‘sixth, the neiders remained kings oi- the contest.

The guns was ably and satisfactor- ily un-ipired by G. I-landrahan as umpire-in-chiei; N. McDonald on first and L. Kenney on third.

The lineup: Morel] It. West St. Peters Catcher A. Phelan C. McDonald

Pitcher

D. Hsndrahan 1st base

J. B. McAdam 2nd bass

J. D. McAdam 3rd base

A. Conahan J. Walsh

.1. O'Neill

1". McAdam Right neld J. Fitzgerald A- McAdam short stop

L. Connolly

E Dunn J. Conahan ' Centre iield J. O'Bryno ' Leit Field L. McDonald Batteries: For Morell R». 3305"‘ ha“, which and Phelan. FOI‘ West st. Peters. Cone-him- Mc-

Adam and McDonald.

J. Nolan

M. van Dongen, thecelebrater art- ist. and one oi Holland's-greatest masters, has become a. naturalized Frenchman.

um than 0.000.600 m: oi unu-

uirviiic Otis. 100 old ior 15 new: ' 11w; Pan-chum Product h! l8

ed motion picture nun mimwﬂﬂ

iutolndiailliﬁlﬂsauilﬁaﬁ-

Spotless summer ﬂannel: and white clothes call for s ot- less shoes, tool shoes of all kinds can be kept snow-like and glistening with

KUGGET’

Th! “NUGGBIM TIN OPENS WITII A TWISTi

Score by innings: * l 2 3 4 5 8 7 8 9

7010051

Morel! R.

Whﬁhlkters 0017293

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te Dressing

EXHIBITION u» RACES

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The Maritimes Greatest Autumn Event.’ THE Prince Edward Island Agricultural and Industrial

CHARLOTTETOWN, P. E. 1sLAND August 19th, 20th, 21st, 22nd and 23rd

Nearly gin Purses, Premiums Co’ Prizes

The Greatest Sport Program, the Greatest Educational Stock Program' Ever Placed Before an Islalnd Audience. Thrills, Fun and Education all go Hand in Hand.

Three Vaudeville Troupes from. New York Day and Evening Before the Grandstand.

Featuring ALFRED FLORENZ, the Marvellous Austrian Clown, land his Honey Troupe in their Thrilling See Saw Exhibition.

MADEMOISELLE GOLDIE, the Sensational Silver Thread

~ Dancer, and the Unparalleled KARL MANELLO COMPANY in Their Wonderful Feats of Hand and Head Balancing.

Positively The Greatest Exhibition Of Vaudeville Artistry Ever Staged In This Province.

RALPH MADISON, Canadian Tenor, Singer, Will Make

, Announcements and Delight You With His Songs.

CANADIAN LEGION BAN D. Afternoons and Evenings. BIG MERRY MIDWAY

AGRICULTURE, HOUSEHOLD SCIENCE,

LIVE STOCK, FRUITS, ARTS, i DAIRYING, CHILDREN'S DEPARTMENT, HORTICULTURE, FANCY WORK’, EMBROIDERY, MANUFACTURE, FISHERIES.

THRILLING HORSE RACES ,Ten Classes’ Trotting and Pacing, Two Running Events Nearly $6,000.00 in Purses SPECIAL PRIZES TO DRIVERS AND GROOMS

4 DAYS——Tu;esday, Wednesday. Thursday f? Friday—.—4 DAYS " August 20 -21-22-23

Horses from all over the Maritimes will make the best taming Of the season-

See fighting finishes with every driver striving to win.

See your own local favorites battle with the foreign steeds.

Do not miss a day or you will miss many thrills.

Drive dull care away, store up your energies for the remainder of the year by taking in a big stock of recreation Exhibition Week.

Merchants and employers, please make plans to let your help off and encourage them to oee the products of Prince Edward Island compete against the best in Canada.

Be Patriotic-Your Exhibition means much to your country. .Your encouragement of it will show you are a good Citizen. _

Have the Kiddies save for it and plan for it. . i

We want every child in Prince Edward Isl and that possibly can to sec thiagreat show.

We want every man, woman and child from East Point to North Cape, to spend at leash one day in attendance. A

Special arrangements will be made to take care of all visitors. l

Meals will be served ht the Grounds. Boot of train arrangements will prevail.‘

SPECIAL POPULAR PRICES _

Money making is not the object of this Exhibition, the object is to have everyone sooit} everyone get the recreation, everyone get education, everyone know more about Prince Edward Island and its products. ' ‘ .

Therefore the admission fees will be the same popular prices as last year, the lowootylln Canada. . -'

l Special low prices evenings. F’ Arrange your holidays. Writs yourfrlenda about if-

JAM E8 PATON, President

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