1..

' '~..

~ P

C2 l`-1 2

'Manor 19. 1932 'rns cHAR1`.o1"r1.'1'ovo~1 cunaniar. "5 IM..

`E‘ "‘“ Z11v";z;1' ';r’§gé-r--- '--'- " ' 1' " f ` 1 '~’-é-fi '-'- ' f ==1“=="‘="""""

I i

1

YESTERD YSSTOCKA D so I To I

. 1 I

MARKET

(ny Jonu 11. Poole;-, Associated Press financial \\‘rl\er.)

Nnuf Yonri, N. 1'.. 111111.-h 111.-

litocirs slipped easily i11 o rather ia- gt-tive market today.

iitiiitles gave the poorest group ex-

hibition, but neither iniiustrials nor rails could do a great deni better and net losses ranged from nbout 1 to 3 points in issues which norinally pro- virlo tho leadership. l-‘lnnl quotations were somewhat ni\o\_‘c the lowest, t11n11ka to a into rcenvery

The market opened in-nvli.v and ho-

foro noon had turned defmiteiy wr-air. although with little increase i11 activ- ity, Pressure was 1-sreeiniiy ngninsi liocks under Electric ‘.ond nnd !~'l1:\1'o sponsorship. This tc|\d'_"ry townril sel- ectivity gave rise to 1|11.s:io11s ns to whether snort sellers had become hol- der: st any rate, brokerage honso gos- sip assumed n gioon\_\' tinge.

Althoulih offieiuls of electric bond

and shore companies mn1i11,n11 (01-11,. al comment o11 the market action of those stocks, it was intimated that unfounded hear r11111ors regarding bank loans were pnrtly responsible for i\’e11k- loss in American nnd l1`or°';:n Pow- er. American Power and Listt and Electric Power nnd Light. as well as tnc some group'a rcpr1°so|1inti\'es o11 tho s~11ri1 cxeiiulige. Tun of illu cn111pn11I1‘n linva linnlr lonus maturing 1-orisldernbiy later this year, tho totnl 1111-11lvi11;; $'1'1.250.000. To lnoct this iriei1toti1\e11s. it was said, tho group has more than $100,000,000 in cash or equivalent nnd interest in the loans is being covcrcd .ninny times over. -

Tue stocks closer] 1'rn1>|.ionnliy off the

bottom, which was less of 11 recovery than val made hy a number of other leaders: their 11et losses were less than 2 points. '

American _Telephone nb1o provided 1|

selling target, bring 5 'points lower ot thc brat. It was off 3% at tho close.

;B- ____ _

2-$3 617 82

M on tfea I 3-Work not col11P1€i»¢fi -411101111!

I I Il (1 Cial xrsinirete ina to <1a1¢,'1,saa sq.

i11l'r`1‘. |1111 1e1'o\'cr1-d cnrly this week. liiiiiols 1 ~ l 1ro\‘ed an exception:

Stock Market

Qaotatzons

News Flashes

.‘. _ . ‘ 1 Y ‘

7r:I:iI“c<:11'i11d‘ih'1i:|:I-14 ri1I‘17.l°II1n11“.ilc;t:' 0 I 0 U E S T I 0 N S I N H011. MI. MOIUhYf6 ISKO11. the

_ |leader of the Government to table

the answers to the 10110111118 Clues*

_‘onlin 1

it n1lv:111c1-d nenriy a point on word 1h:1t its i~‘el1runry earnings had im- p1'11\‘1-d suinsinntlnily. Canadian Pacific N111' York ventral, Union Pacific, Son- R

locks 11Igi1Il.ov1'ICloso

(Anoelatod Preis)

NEW noun, N. Y.. Marti' 15-'t'

rorsirn er.-.snare »t¢\‘1Y- “ffl Britain 3.111%. France 8.9.1 13' -

in l"c, Southern l‘n1'liio, l'cnusylvania nnd ilnitimore nnd Ohio finished with

losses of 11 point or so.

Alncricnu 'i`ol1ncco's earnings of $995 B

11 shore lost year against $1150 in 1030 B co11l‘or111e1l an closely to forecasts that C

neu 'rua ...Iuo1,.5 1101 no rs c rin-king ... ,_ I I 11/. 11 T I1 I’o\v0r ...I 13% 1314 |31/. una Pro s ....I 10I 1.' Power A ...I 241/,I C Foundry _,...

p\1i1ll1~:1tlon of tho figures was lilnofoil

l1_v tue si1.'1re.'¢, which followctl the ._ . general rnnrket trend. Allied Chemical. fllcgmfl "'

1-1.1-1-111.1; its 5.1 aivitiena oy a mornin ,; of 74 cents i11 19:21. slumped more than ‘ Zi. 1'egnl11i11g n third of its decline. Gen- C 1-1111 l-Ill-eiric. U. S. Steel, American C (‘.'1n. \\'1's1lugl1o11so ami Bethlehem D were 1lo\\'u n point or more net. T010" turrinver of 1,-100.12110 shares was the

S'l`0(‘K 1\\'ER1\fl]‘1S: I 011! B Stnnduril Statistics Co.)

(`nn Pacific ,.. _...I lb’| 111% 10%

n Nickel ... ..

I

uuuillcst lu 11 week. “nancy llnrris ...

L. H m 1932' l\_at Breweries ... _..

C C P11! ... '

E

_Jo _E

:sees

\v cabin A ff.';...

oek Plow ... ....... M Smelting ... ,... 'VgIil81,§ 081/1 om Bridge ,.. ....I I 21|

D1 il 0

A

3% 110

018! 10% 111%

a

1~‘ on 1"... _

.-1

:it iSeei Car ...

may 11.111/1. miriam 9~i*5%~~'3"" many 21.111, Canada 89-25-

10-.-

CIIICAGO. lll.. lllurfla l.-D|rQ¢‘-

tors of Searls Roebuck and (fam- puny today voted the rlliillr "In" may atvlnsao .1 021/1 “Htl 11 " 11"; payable May 2. to atoclrl10iii¢1‘l “ record April 8-

--0-_

Nuw voruc. N. 1’-. am-1-1. 111.-

'|‘l1e annual report of the Amerlemli Tobacco Company for |931 Ilsurr today. admwa 1a suixaiiantlal increase ln not earnings over 1930.

Net income for the Tear amount-

ed to llil.l6ll.'Hl utter federal tax- es, deprrclutlovi nnd interest, null the balance after preferred dlvld- ends is equal to $0.01 a allure on

l’rcv \\’cek 1\i out h \'enr Il yrs t1 yrs lligu Lou' Low il lilli Low

March 18 il0ind 'l’odny ...

'.. 01.71 ... 173.3 ... 05.3 ... 07.0

dny ago 11110 11111. 11110 1| Ki! 111112 19511! littll 111710 1 01311

1.... 222.7 111.4 ash 110.2 .... i'0.0 2113.1 112.11

!iinr1~I1 JN.

Nuinlicr oi' ndvnnees ,. Nutuller of declines .._.. S1111-ks u|11~l1:1111:e1i ... ..... 142 Total issues traded .._. ... , 578

20r? "1 .11 32,11 111.5 7lil.l 11.1.2 i_:;:1.s 1111.2 211.9 1110.2 :10..11 1-11.0 80.1

2ilut 00111.

1"’ 7

100.7 104.1 105.8 100.1 2031.0 '_’l 1.7 105.3 111 .0 '-‘Oli 9 92.9 281.3 1 10,5

\Yll.\T Tlllil STOCK ]\lr\li.l&T2'l‘I

~‘r

. .. Rd . . .'l."10

1.1. 05.8 07.7 011.2 141.4 2011.8 103.91 71.31 H-1.3 01.3

. 205.3

111.7

lllll Thu.

24-1 203

150 003

r' . .

1

Fish Quotations ‘V PRODUCE

. -v-'-°- _.___..._

BOSTON. liinrch 18.-Tiiirteen rea- i\I0N'1‘iiii1\i1. Que.. iilnreh l8. (TW

‘gels arrived nt the fish plot- hem gg. the i_`nn:11iinn Press)-i"olio1vl11g the lay: 111-cline I11 whent prices, spring wlivat

flour lost tr-n cents n lmrrcl on tha lo-

WUOLESALE qU01‘_.\T]0Ng rnl grain ninrkct toduy. A len per cent

drop was niude earlier in the wcek_ On

Lppgg 1101] tl to 1] oem' DH- iwund thc i1us|s ui' enriot.~1 11'. 0. 11| Mou- Marlets 5 In 0 trenl, less ten cents for cash, iirst Hogg 1 Q1; 5 , patents uerc q11o11‘1i today nt $5.00.

Gray soles 10 to 11 Flounders 5 to 11

Cusk 5% to 01/,

Mining Exchange

TORONTO, Ont., llinrch JS.-Mining

sales close, Snlcs Stock Il1igi1ILo\\":Cl0se 2'I0il|Ac11\u ...- .......| 1-111/,I 14',-'»I 14',1/I 4LL'1,A_IuX ... ... ...I 1111 107 107

1i:.011,Alcx .I 07 0111,.;

11-.ysiaaiet 1:. 11'.

3|tIil0Al‘|111 ... 02'/110251,/4 10110IB,-iiuiiingor _ 11111 on

,3.'11i0,'lingn\nne ..`. .,- .

il00IBid1;oo1l . _..... 11| 000,11 1; Plone: :1111

5:I.'111Ili11ff Can ,...

:iii.'1,l>11111e liii) !1Utl0;1\‘e1l Kirk ... 1 Jllililiiioliidnlc ... .. 2

'1'!l01il'u11n1l1l ,.. ...I 10llI

iilliullliger ... ...I 61ilI

Jl.“11lt1Illo1|1vsicutl .I it _iJl)i1IlIo\\'e_v _.. ....I IIZII 100 liirkluko ... ~I.'1|

Zl000Il{irk\1r1-111 .Q 01% 01% 20il0Iootflur 'la '.'~'.I ':1.‘l0Il.11ke shore ..;. 2117:., 29.10 ;10011I.\ia<-iissn ....I :1:1| :1:1: ':

1.’100.\l11inr|.lc ... ...Itllikl 0iI 01%

oxI

01111;

1.1

021/. os on 0.10; :110 -T5’/1 11:10 001.4

02 10.1 :.10 12 112 4.1 01 fn, fr.

-.-5.

os

0-'»‘.‘i :1-10 'Hill

$2 cc-: - |;s.\:

e-‘-

.Ji

10:. :no 12| 1121 4:.

2875 I .l l

2215 )lci|1t_\'re ... ... 17-lil 17-10 17-ill

115 0:1| Ilti

4t11l|lfi|1ecor|1 ...

211-'100,1lof1'i1uil _ .. ...I 0.1’IkI

]2i0i\'I.\l|oii|!l ,... .......I 1`IliII um

11oo,N 1. ss 111; 01

41135 Norniuin ...I liii-'1I 170i1| 2100 Preniler .`.- ...I - ~i.'i| 4.'1| 1000 Queniont , .. _..| 115| "

4iSiS11rni:\ .. .. lot `.lHil0|Shcrl‘llt . .. 19'/QI J111lo‘.\‘i1n-,.1-| 07|

ll00It<l111l linsln Ii.'1|| 2011 iiylrn 11 iio . . .. 51.". 21130 .i‘or"1111gI1es ~lli7I 4131!

II 32 32

S‘35I\\ l'|l.'i1il11|r ... 205 2.15

Sliver ....I ‘.‘:"'.I

Total sales 227,000 shnres.

1

l'NLl1~i'l'l'2ll

270ilIR llllssourl ... 111114.] itil

ififif. A. illl ... 11IiI.'1 l0iI."1

!‘.-10017e11t M1111 ... ...I 011'/1 1110 1‘he1nir‘nl Jill 100|() Hopper ... 1.'1.’1 flilililllilnst ifrest ... ,. 1i’»’.I 1

307.'S'Eldnru1i11 .. ,..I '.'i\|

i'100I(loo1iflsl1 . .....I 021% 1li10Illon\e Oil ... ... ill'/.1 3:10 lludson Boy . ...I '.".’."1 40.’iIlmp Oil . .I 900| i175 :1t0Nie1n11 001| noni 57.15 rnt Pete 11oo| 11001

3'_‘t10'l{irkl1udsou . i'1.'|iIm\.'i.’iI 17100 .\I1‘111\1'11l ... ... 07 ‘A .`liI0t'iINordo11 _.. -....I 0019] 0111/,I 2100111.-11 rem ..I "Iii 011! 1i00|Veui11res _.I 11‘.iI 1-i'.‘[

' cunn

!l000iAlgo11q11|n... ’1iI 'HI

I ._ _11 rv.

os 0:1 , :111 1

100 1725 45 I 0.-.I 10 | 411 07 ll:'1 ."1l

(_

o..| JoI -111 411| :1.'.|

& s

=_?_=_ .‘

r.1| 4:..-.|

00

101 L5

(lil 1.-.11 mr. 1| 14. I 2.1 i 0:11.11 ' -_111/J. 221'. orr. 00:1 1100

55

on 1.-.s 111:. 1 11. 2.~.| 0111.1. 211/1

225

01

0111/4

03

112

.E

2il00Apox - ~ ‘Q Iuioo nomo 0.111! 0.1041 0.1"., :1II1g00|Ii;m1t»F... 00|' ont! 0:1

om .xpl ... .. 07 07 01

4!100I(i1>1n linko ... ... Dil 01| 01

I00flIHilltop 01| o|I Ygmqaiklhlan ... ..._I 0iI 001|

.e e ....... 0111' H’ i'1i`»0IOIl Select ... .I fl-"ii 051 800Il‘ot'l`Ioal ... ...I 011/QI 011.-QI 01'-I 10~100IRiha1r<» ....1 0211.1 1121 0: 1000IWhitclako ... ..,I 04!/,I 0l‘,~I| 01',/I

iii ill

(l.'1’\1

.Fo reign Exchange

aronrnssr., qua.. 1111.1. 1a. fn;-tn..

Carkltlian Press)-liritlah and foreiiln exe nnga in reinllon to the Cannlilan dollar, as compiled by the lloyni llank of‘C1\nadn, eloscd today as follows: Afimntlna peao ... ... .. 0.2889 Auatrsiio pound _ . 3.21128 Austria aehiiiihg not quoted 11011111111 helm. 0.11101 Brasil milrois ... 0.0711. Flliirarla lcv not 11111-1'-d . 1 "M1111 H1111! Kong dollars not quoted Vu-rhoaiovakia crown ... ... .. 0-0-'I-'13 111:-nmnrk krone ... ... .. u.'.L."40 Finland flnmark .. ... , 0-0100 Franc franc ...'... 0.0141 "Hman: retmnmirlr . 0.201111 -Great Britain pound ... 4.01181 Greece draehma ... . 00144 Holland florln .. iii-'|19 n"i1l1’li‘Y pengo noi; quoted

;I11i’la‘fl=noee .

“Y 1'! ... ... ... ... ... 5"ll1an you ... ... ... ... ... Jljlloslavia dlanr ... ... ... . ,_iQ_°w aoolnnd pound -"Way lrrons .. ... .1’oland alotl .. .... .,. . 'li_o11manla lon ... .. l~=outh Africa pound ... ... ... Foalll iielétll _.. ... ... ... ..

0,3000 0. 0.1110 0,Si'l-I0 il 0‘.!0'.' fl 01115 0.21071 0.1201 0.00011 5 [N10 0,0017

or 11:1 T1 ndc

1lon1e~1t

l'11<~<

l'r11111 1 N11 2

nt ISS no 2 c w l rent, whlio change Tin:

tod :| 1'.

ioloiit-1

ei .11

(luis

5.00

.. ...

li rn n

11%

0 223.1 0.21 111 cent

Pmwien krone ... Bwltaeriansl franc .

iinitrd totes dollar 12 X12! Premium, _ _.

L1-rs patents nt ?i.i0 n barrel

uns quiet during the 111-el. ulth

ie |111~1i11eao_

iluilird 1»\|111rt 1~hipn1c|1ts and light

~1 on tin- 11~i1 1:11111 1111rl 1-i ost .1111 111 l\\'o 1~1'ui.~1 11 |11|1.l11~i lo1l.ly.

1- 11' 1111111 ut -il ta-11i1<.1-xirn 1111 1

feed oats 11t JIS 1-1‘11ls, no It c w onis

Lemon polo; 17 to 13 secoml patents nt $4.-10 nnd strnlghts

'I I '1 : 1 l.

11111111, no 1 feed oats nt 37 ci-nts. f1

-1-d outs nt $111 cents 11|1d no ii 1:1ri1\_\':1t 51 cunts nil di-r~llned a

No 5 \\'l1e:1t droi ed two cents

IP

South Afrienu forn wus' un-

<i at (18 cents.

strong ruiilfeed situntion was

EGGS

l l.Tl0 r‘nse.~=.

“ere -IT iiovea

1)111~|»ee No. l Iinllor, in rorlots or

broken lots. was 11111-h:111ge1i at 28 1-outs 11 1111111111. ',i‘o r1~i:1ii1~rs solids nt ES to :lil .rants were 11uoled_

I‘11rr1-nt 1-in-use was steady at

cents with s111nn1er ninke holding un- ei1nn1:1~1l nt 12'.-Q er-nts :1 pound. lie-

1\ pl ' . ..

The potato niarket ruled steady.

quoi:1ilo1111 oi' broken lots per S0 pound ling helng 110 in ~i0 rents for Quebec Whites and -lil to .'10 #[1111 for Queitet' and New ll1~11nswIek grivcn luorntaina. ('nrlot prices wcro ten cents ri hug cheaper.

feed no 1 Ill

l-‘lour seronrln ~1.~I0 l1`ionr l1:»11~r11 4.-'lil lflour wiuicr \\‘i|ef1t rltihll QIOIIG "0-Ilflil

io|1 22.71

.\l1o|'ia ion :.‘1.7.'i

.\li1l1ili'li!.1 ion 25.75

lioliccl 01-is img llli pounds 2.0 li11_1' no '.1 per ton cur lots 11.0

1'I1rcsn current 11

1‘l1oesc sn1nen1r 121,-3 lluttcr no 1 ilnrst 28

I-iggn. fresh specials in curious

Eggs, fresh extras in cartons .ii Egan fresh llrsts in cartons 20 Potatoes Que. S0 l101111ii |1112 30-50 1'o1111o.-»1'N. B. so pound bra' 45-110-

-l1‘io1|r, while eoru -1.50

COTTON

LIVERPOOL

Autcrieon.

SUGAR.

Miscellenous

.\i0N'1‘Rl-l.~\l’1. Que.. l\i11rel1 18. linriey, 1‘11nnd|11n Western no 3 51 (lots, ('anndInn western no 3 51 . Outs 1"nnadinn western no Zi 38

p'|q\|r_ apr-111|: \\~|11~.'1t patents iirsts

N1.;\v vomr, N. Y., litnreh 1s.-Cnt-

to11 futures r-lusod cnay. Cloning bids: .Ton 7510: lfeb nil: March 000: April 11119; ,\l11y 1174-711: .Tune |182: July 091- pg; Ano |1011; Sep 700; Oct 711; Nov 121, me 120-.'11.' '

Spot closed quiet,

liliddllng 081.

Cotton. spot, small husinaaa done.

Prices 1 point higher. American mid- ¢1|,,g, fair am. strIet good middiinng nos, 11111111 1ni1|1liin;r 508, strict midd- ilng i’1.'it'i. midriinli' hill, strict: low mid- diing iiltl. low midriling 5831. strlct.or- dlnarv !'1i.’l, good ordinary 481.

111-eelnts were 14.000 pales, including

Nmv ronk. N. Y.. liareh 18.-New

low record prior-1| worn 1-ainhllshetl in the raw sugar market today when sai- ¢-¢ were eontirmod on the hnais of 2.71 .if-liver:-11. or i-512 cents helow the pre- vious tiny. '

nflerinza were -more liberal with

Qu

32

the feature of thc week with prices gaining n dollar utter lust \\'cck's lu- erense of two dol|11r.~1. Supplies are iight owing lo the limited operation of flour mills \\'i|ich is duo to the poor licnmud for flour. Mixed cars are quoted ns follows: Brno 22.75, shorts $'.*Zi.7.'1 nnd ntiddiings $28.75 11 ton, s1rl111:i1t ears of feed ara bringing a pri-n1iu1n 111 some instnures of a dol- l11r a ton. \\’luter whcnt flour nnd uhlto 1-orn l`io11r 1|1111l:1lio|1s were un- 1‘|1:\111_:1-11.

)l0N'l`lil<l.\1., Que., Mnreh S,--Egg

prices eoi'L'_';1|e1l their iIownwn`r1l trend on the pr.»..ucc nnd dniry n1:1rlret here

l'7g1:s contnued to remain the feat-1

ure of the d:1_v‘.~: trading, llutier, ciicese nnd potatoes nil relnnincd ilriu ot yester1lo_\"s closing prices. , \Vlti1 lienvy supplies 1-onilnuing tn arrive fresh crsuletl Ontario eggs lo* cnriols or l1roi1ou lois, dropped one to two cents. l-lxtrns were quoted ut 23 to ‘.‘-l er-nts, iirsis ut 21 to 21! 1-ruin and neconiis nt 15 to 10 vents 11 dozen., As n result of the cnviot lovcls be-1 corning lower, quot.-111111111 of fresh eggs lu 1'.'1rl1111s, to rftnllers lost from one io three 1-ents :1 dozen. Specials dc-, ellued two in i!"""1 vents nt Ili! ccntni while oxirns at I.. 1 ' tlrsis at 201 eenis nnd s1‘1~o11rl.~1 ni 3. _ ' ' '1 dozen' nil lost one to two 11-.1>. i.:1-clptq

‘11

1

!\

Shnwinirnn ...... S C of Fan ... ... Sher Williams 1.I I

namrs'

no 3 i\

-2

12

Fommcreo _.. ... , ...I ' ‘ 180 liiontrenl ... ... ..... 215 Nova Scotia ... ... ...I 201') Royal _.. ... .I I I 211

Montreal Market

Sideiights

ii.

list in \\ 11ll Street stendied somewhat near tue 1-lose i11 todays’ session, foi inning n11 earlier period of sagiring rlcea l11 dull trading, but failed to nfiuencc the market on the local ex- cliunge. nu easier pricn trend contin- ,uing tiirougliout tho session here, The quiet suhstnntiai inrreaso in volume of trading on the local board was con- triiulted solely i1y 1". l’. li., which f111~11|sne1i well over half of the tntni turnover, and sold off 1% to close at 111% on selling pressure reported na eninimting from New York. Braz- llla11 ond international Nickel hoth eased s1n:1ll fractions. `

Tliero was little change in hood

qirototlons on the local market today with trading roinpnrtireiv light. A

1

MONTIKEAI1, Que., Blarch 18.-The

P l

fi-nt11re ol` the 1i11_\' was tim splendid re1~epilr1u given io iho offering of

‘_'..'.o11_t1oo 1'. 1'. li, collateral trnat.il's.

ln-:1lor.~1 reported o111‘o1|r111zi11g progress o11 doiuestic distrllnrtion, while the bonds oro pnyfiiilo in (‘:11111dn only, 11 ron\nrl:.'1l1ly good aubfxeriniion was re- ported from tno linited States, 1111 wr-il as from Great Britain and the contin- ent. '

Grain Market

CHICAGO

due to stop losses, win-at collapsed; about 1.\\'o cents a bushel today au1|‘ corn more ihnn 11 cent. | Lowcsr prices sinco Jan. 15 were

rcuched. i.1‘e:1rs of se1ul-de1nurnliz11t-

,,,1..|. pop rtrd of 20.000 bags of Porto mean, 67.600 ings of Philiipiaaa and

huge s11rplus stocks of wheat in this

country A bearisn co_nstruction \\'as.M|! l.m,m,, PM

also placed on nuuunuceuiont that' President Hoover was seeking furtli-I er iinancinl assistance for the fariu board so that tl1e iionrd could make'

soles of wheat nlirond 1-» 1-redit. ~ [1 ,q nf N J' _

\\'hent closed fiur1~',` 1t virtually.

the dn_v’s bottom 1% _ under yes-I tcrdn_\"s finish, enrn 113-11,6. down, oats, 'fic'/.1 off, 11nd provisions showing tivo cents to 22 cents deqiine.

\VlNNlI'EG

\\'lNNll‘l-l(i, Man., Mnrclr 1S.-ln-

flncm-111| hy 11111-onfirmeil reports tant the United States form hoard would

plore some of the co/untry's hugo sur-I plus of whont ln l-luropenn and other 1-onntriea wheat prices went into 1| inilspin near the close of today’s market. Valucs at the close worn 2% to 111. lower than yester1lay's close.

May closed 2% lower at 02%, July

dropped ‘.2 to 114% while October cased 2 tn 1% to close at 05111 to 05'/5.

Reports from Washington wnich

laeked eoniirination stated that Pres- ident Hoover was seeking to nmcnd/ tho reconstruction ilnnncc corporation net to permit use of cdrpnrntion credit for financing wheat sales on credit terms to European countries.

Stop loss soiling and other liqui-

dation quickly brought a large volume of wheat into tha pit nnd in the ab- sence of outside support values tum- bled about three cents before encount- ering resistance, `

Statements 11ttrll111teri to Secretory of

Agriculture Hyde of the United States indicated n 1vncnt‘ani11s campaign to European countries was contemplated. llrnolnhail was reported to have attit- ed that any win-at selling pressure hy tho farm board would break prices i1a(»i_v, but he 111-iiev1`>d Europe was .-apizhie of al1sori1ing lame q.1r11.ilties nt present levels if no prtasure oc; currcd.

Cash wheat and coarse grain demand

was doimant with spreads generally 1'\‘11\11\I\i1\1r nnchnnged from the prev- ious close.

cnosn'

\V'nent:-Moy 111.’-',1§B, .luly iii -1, 0-: un-11.. , “ "

Oats-May 3114. .luly 23. Barley-iiiay 409118, July 40518. Oct

BOMB. ‘

CASH PRICES

Wheat-No ll 02%, no 1 nor 07%.

no 2 nor 57%. no it nor 5.11111. no 4 48111. no 5 461,11. nn il 42%, feed 40%. trnek~ ill’*&. no 1 dur 81%.

Onta-No 2 c w 211%, no_!i c vr 20%. ox

1 feevl 21151. no 1 feed 20, no 2 feed 25. rel 20%. track 29%.

Bnrier--Melting grades: il row ox SI

c W 41%. 2 rnw ex Il e av 40%, Other grades. No ii e w 38%. no 4 ¢~ w 301lt..` 15é1%ll o w 34%. no 6 c w 32%, tracki

BONDED WHEAT

NEW YORK. N. 1'.. lilnrch 8.-Bond-'

no wheat cloud easy. I my 00 111114 11a.1ss1/. .nay 0114 oo 11111,;-110 Oct ... ... ... . (12-mtg 1

_____._.___

20.000 hogs of Fnhan. all lo prompt m1a|t.1o11a at 2.72 to local refiners and 10.000 Porto Rican and 0.000 Philip- pians at 2.11. _

Apnrorimoto anion 25.0.1111 tons. March

rinsed 70. lilay 12, .i’11ly T8, Sep 84, Deo 00. .Tan 0.1. _

Torre was no ehonvs in rmnori

orir-as from 4.00 tor iioe granulated, but the farther def-line in rawa seem-

24

21/) 12I 12%

33

- I " 22,

the combined common ond common B stocks outstanding. This rom- purel favorably with $111,291.70!! |11 1030. ellunl to $8.60 ia share.,

__0;.

il10N'l'RE.\L. Que.. lllnrcn 18.-

The Montreal Stock Exohnnxo and tha Montreal (furh markrt 'will holla remain closed for three (lays over tire Easter holidays, it wan announcrll today.

Both markets will clone Thurs-

dny afternoon, iilnren 24, until Tuesday morning, lilisrrlr 21), re- mulnlng closed good Friday, Sn!- urtlay and Easter Monday,

i0__..

1\'E\V YORK, N, Y.. hliartih IB.-

Produrfon of newanrlnt ln tim United iitntcs nnd Canada n Feb- ruary wma at the lowest point for any like month nlnre liilii. Com- bined output of the two countries was 2-15,700 tons. 1-ompnrctl wth 205.508 in January and 253,340 |11 February. lilill. flomhlnr-1] ahlp-_ mentl were 237.580 i;:~u, and stocks at mills were 04.120 tons on March 1 against 00.080 on Feb. 1 and 75,080 on lilnrcla 1. 1931. .

sim-1;.; Il[i1zl1}l.o1\-'Clow .-11 1-1..m1<~1»1 ....1 wi: 1.'»=1,I:11=1'. .\m1~ri1‘:111 1‘nu ...I i1!i‘.lI l71"~I“'1'1.~ A S icrg ....I 1211.-ri 1:1I1::1:6 Aiii Tcl ’l‘1‘l ... . . ..Il'.’2III 1lill`_'Uff§. A11 i`n|1pc|' ... ... ..I il" .NI _MU Atciiison ... ...I'1'S".I 711:21 7.1'.s Anhuru Auto .. |'ii1fII Si1'i|11‘:'.~ llnl Ohio ... ... . |1.'1‘~'_-I i|‘“f: 15 nets tseci |105! 15211. 111 Briggs

('an 1‘a1-ific_ ... . .

Faso ’l‘ ... .... ein-_\s not .. U G E11-1-lric _.. ... .

Corn Pro ... ... l-l l Dupont ... ... Pl 1" Light ... ... Fox Film _.. (len Electric ... ...

L

-va 2

:gas-1:"`____§. `21;i" -\..--.F

___ ,__ ._

_ii L2*

.1

' *

' 711

1-1;,

13514 43V; ~li\‘/Q 10511 3'.'1 1i)‘§

-1 - 5.

1111,, 1:i1.{1

:11_- 1214.1 :1'\ ..1g:)¢,I

1126] .l'iI

.I 11111.!

(?iilC.\GO. lil., March 18.-Under o Fen Mn, ,.,,

i1|1; 1\':1\'c of gt-11eroi soiling, l11rgciyI {;0odW_nl_"“`mhcr _

io11 in the wori11's wheat mxirlrets werc‘ In .Polo : cxpresse1l.~l\1tensive effort was con- Km (.pp',,‘,,' touiplated to sell 11broad some of thc Lnlnhnrt (3,,

od to restrict buying. 1 . ., N ,

rs

:111

11.~‘1.§. 101;. 1111.4

111/1 2:11; :11<. init,

-'“’1 7"/11 1111.1 , 11

ist, -|711. 47%

Min Pneltlt- 1-'11' 111/, in

1..1, 11?.

-1 .1

.101 :im '.‘ 1,1118 I

liousion Oil ... . ._.| 101/_.I 101,§,I lludson Mot .....I I I ln llarv _.. ..| 211-111 221/.I llnpp Mot _.. . .l‘.i .'l‘/ini in Watch Pfd .

(len l-‘nods .

~_:__~_1

15

Mont \\’nrd ... 1 Ni ‘1 1' 1'.-1-11-ni ' 1/.I 2011,. 2111; 7.11-knrd Mot ... . ii-'ill Il’.~L| :F112 1-111- 1-111.1111 si/.I '11/,I 7-1'.

5.11/.1 51| .'111/1

naalo corp . 'I1/.I 111/.I G11. It I: 0 41,1, :mi 31.12 Senrs lioe _.. ..\ .I IMI. 51-131 3 sin corp 0| out 111'. south 11.11- ..I211.;1 22=l'.!2111.é south 111111 ..| S141 11/.1 11;

| AT ‘ ’_..I -\.. _.. __

`“ °5.Z‘_ _-_ ->.\=

,1n1|s1_11u111

- The following answers were tob- icd to questions in the Legislature recently: 1 Mr. LePage asked the Acting Min-

‘ster oi Public Works to table an- ,swers to the following questions: I 1-How much has been spent to date by the present Government on the north approach of Oyster Bed

Ericigc? I I 2-Has this work been done un-

m

ld" the Federal Unemployment the Department of Public Works. 1'

Grant? I

‘ali employees wth amount paid sary. - Ia to each. . ' o o ¢ II

144.260. I

given). . 1 ` C l l i

ister of Public Works'

zons.

1-What method is followed b

the present govcmment in the pur chase of supplies for Faiconwoc Hospital and other public institu tions?

2-Is it the practice to cali fo the submssion of tenders or esti- mates trom two or more dealers when purchase of flour, groceries and other supplies are to be made?

3-If so, is this practice always

followed?

Answer: 1-The usual ethod followed by

2-Usually for large purchases

Mr. Hu.n':r asked the 'leader off

2"Y"5- the House if a petition had been n

` 3_T- D- I-'I"g» f°’em““ $200' me' received from the residents of Sour- est of the enforcement of law and

.tailed 115'* °f empwyees and wages is River praying for the straighten- .I

ing of a road. (2) It so, what actionI

1. » 11

' ' ' I ' gm $111;-_-1;-5-1 _-- .. f ----f--' ` ' -- I A___

';-2'fi';:>»?é@~§’é'.§Qf->J¢§¢!;=:'.e'_

as

iéis¢=f¢~='¢»;i'-1-§'»?4»:'¢'_ Y _ - - -

£6?-é5_’_-----I

I 1 1 I

Our Rui

Estate Department brings to tin

manaqemont of your propuiy the long experience and close siudY °f SP¢¢1‘1|i"*- At reasonable cost it will take over the

Expert Real Estate ManaS¢l11¢"1* \I

l

I 1

_ _ _»?»?~§f€€~:'

management of your estate and carrY *hi* XI out with the highest efficiency.

T1.. :Astron 'musr coop-nv

1-| .aoa1¢..1-1A1.11=Ax.N-S~ 51-»'°"""'"""'

$e|1\\.lghl\:,‘°7:~:~°'m P_£|_ Mondeo, N.li. Montreal, Quo.

C, N BISSETT-Manager, Charlottetown Branch.

.... - - --- ---;.f:2;>~'

1 _ft

_r-r/»'iDf»W»*»r.¢'Z-’/ff' * 1 -‘_

ZrD}§2V;¢_i;';'»?;2'»?§2'222VS*¢`f2ZP}»' _

,.»-

I

‘issue of connection _\...n..1; and

Premier Stewart: "My hon. friend `

Bd

unless they resign, and they

_ me Government intend.-1 taking in leader of the G°1'°1‘111“=11'= bmw

I Mr. LePnge asked the acting Mn- the matter' Img Mayor oomes and goes every

Answer

o years, and you can‘t tell what

' ~ - Itw

I 1°”H°“’ many tons °f gravel were Under consideration of Govem- kind °f 9- ma” 5'°“ “re gem”

111012- The 511P°“d1‘“'Y M?’3Is"“t° bill and thought the measure

placed on roads in Nine Mile Creek Poling District, by the present Gov- ernment?

, 2-Was this gravelling paid for `out of Federal Unemployment

Grant? I 3-Give the names of persons who

New 'hauled this gravel, number of tons H so' gvho has charge of the Wm?

and total nznount paid each? I

in this Distr'ct?

' Amivcrz II! so b whom?

Quotatlons ' The graveliing done by the pres- ' y

ent Government was done under .Federal Aid known as the “Unem- ployment and Farm Relief Act 1931" The accounts for this worl: were 1101. kept on the line oi Poiing Districts bu: were kept under projects, nom- eiy: Project No. 1 Chsrlottefown; No. 2 Hilsboro Bridge Road; No. 3 Souris; No. 4 Suinmcrside; No. 5 A`berto'n; No. 6 Kensington; No. 7 Montague; No. 8 Georgetown Court House; No. 9 Georgetown Ferry Wharf: No. 10 Wharves; No. 11 Steel Cuiverls; N0. 12 Steel Bridges; No. 13 Hillsboro Bridge Approaches: No. 14 Gravel; No. 15 Roads; No 16 Public Buldings.

.- » . _

Mr. LcPage asked the leader of

the Government: 1 1--Has any investigation been held by the Govemment as to 'the cause of the fire which destroyed the Prince of Wales College Build- ing? If so, give date and table a copy of the report. ,

2-Has any investigates been

held as to the cause of the fire which was discovered in the Court House Bui‘d'r1g in Charlottetown? If so, give da‘e and table a. copy

Stand Brads ... ...|l.'11,.¢.iIi'.’1/,.| 1:11/1 _ `

28% 211 11-'11 22’/1 1011. :e2 75

S G Elec ... ..I‘.’l'\1/|I‘27"I’1I hi 0 of N I ... ....'2ii"»J.I 2R14. Texas Fo .. ...J 121 11"<.i 'l' G Sulphur 2214! 22|

__° '.,." . 11’

-1:.:-

_/'> a-.1

ss..

'i`lu\ llol llcar , 1/,11¢"' ll' il (`:1rl1 ... ... linion Pao ... . . linltrd Air

'111 .

uv 7: /,I

I 111/.I 1211.

1'11it1-0 Corp .I sf/.I S11! Rea 11 ri Imp ...f 211' 111141 111"- ll S llnhber _.. 4111. U S str-1-i |4311' 4111.1 421., \"11n Steel .Il5’1l'lif\;t liii/1 Warner llros Co .I 214| ‘.’f\»’.I 21.1,

2111/. 7%

Wes Elec ... .|'.’?~'i§.I'.!il~',\{.I Worth Pump ...I I I

The Montreal Stock Exchange

IIIONTREAI1, Que., liiglrch JS. (lly

the (.'ann1lian Press)-_1‘n11n1iinn Pacif- ic Pacific shores were s11l1jeeted to henry selling today on the Iilontreal Stork 1~}xch11uge_ With a turn over of 7,108 shares thc issue ri-cc1le11 to 11154. and closed at iilfy, fo`;- 11 net loss of lot, points on the day. 'i‘i1e soiling ap- peared to originate i11 '_' \\' York whore rail issues were |:e111-....ly wiinir.

l'roeti_enli.v the whole list here turn-

ed softer. Fractional losses were aus- laned by auch leading issues ns lntor- national Nichol, llrnzilian Traction, 1‘onoii1latcd Smolters. i‘anadian Cnr and others while Strel of Cnnndn dropped 11.1, points to 22 11nd Dom- inion Textile eioaed ot. 05, a net loss of 18% points since its last appear- anro i11 November, 11131.

National Steel Cnr eontlnucd the

quiet advance shown since its recent dividend action, closing nt 121/4, 11p 51. Buliriing Products 11.1,- hlnher nt 10. ex-dividend, St. Lawrenrc Corporation, 11p 20 cents at $1 and .iriheslos Corpor- ation, 11p if cents at 20 et-nts were other issues to register n'ai11a. \l/ith tho exception off‘11na1iian Pac-

ific. tiieei of Canada and Dominion Textile the losses were small. Broa- iilon. second lu activity with 1.004 sai- el. lost 1,4 at 13%. nickel with sales of 842 shores. rinsed nt 51. nit IA. Coa- odinn 1"nr dropped lt. at il. Cement lost *A at 01.4,, Canadian l1\d11airiai Aieohoi B eased ii cents nt G0 1-ents, S1n1-itera

Iof the report. Answer:

i-Yes, March 3, 1932. 2-No. (Report ot Fire Marshals

`nqu‘ry into Col`ege fire tabled, as published in Mondays Guardian).

li U O

Mr. Mofntyre asked the Act`ng

Minister of Public Works to table 'the following information:

1-Give cost of removing grs.velI

.around Provlnc'al Building. , 2--Cost concrete work done in-

cluding all labor in front of Pro- vincial Building. I 3-G vc fract'on of mile of con-

crete work done on approach of Hillsboro Bridge towards city, cost' .oi same including all labor,

Answer:

1-$291.14.

1\ro1-roi 11.- at 1101.11 1111.1 st, 1,1111-rf-are i‘orporntlon l‘referrc1i was down '$11 nt' 254, I 'l‘ninl trading nlnountenl to 12.502

slinros eo111pnrr‘d with 71.107 _vcsterdn_\' aurl .'t¢,ilIll o11 the correapoiidiltg day oi' last your.

On the bond dopnrtinent rei'un1i|ng

1040 sold off ten cents at 5051.11.15 eon- veralon 10718 lagged V10 cents io $I'L'.L'i oo11\'ersnilon `lil.'1il sold nt $111.25, of( $1. Total soles wr-ro $111,000.

1\1\n11u||1'r‘111ent was inode that tho

Easter recess would extend from tho 1-lose of irndlg on 'l‘h11rsdn_v, .\l1irrh 2|, to the opening on ’l‘1n-sdoy, .\lnrch 20. giving three f11il holidays. Good Fri-` dny. Snt11r1lny and Easter Monday. Tho curh market will net sI1nii11rl_\'.

Dealers reported ent-o11rn11ing pro-

gress o11 domestic dlsirilnilion of Can- adian l‘11eific railway collateral trust 0 per rent honda. which n-orc public- l_v offered iiiis morning to tho amount of $12,500,000, \VhIlc lilo honda Url! pnyaiuif- |11 1.‘nnndn only. n good de- mand Pon reported from tho United

Stztrs, tirent Britain nnd the contin- cn .

Sterling closed at 51.011111 nnd llnited States money nt n preh1i111n of 12 per . cont.

I Mr. LePage asked the Hon. J. D.'

I he appointed?"

5 tary for a Government official to

'have some control in this matter,

1116717

o o o

Stewart to table answers to the

following questions: I 1-Is the Provincial Building be-

mg re wired for electric lghting?

'P-Were tenders called for the

Stock Market 4_Wh“t kind °f gravel was plmed vvork? If so, tab`e copy ~of tenders.

3-Is the work being inspected?

4-What is the estimated cost of

-he work?

5-Is the new wiring beng install-

ed according to the requirements of the Canadian Electrical Code, which lays down Essesntuai Requirements and Minimum Standards governing

Electrical Installation? I

Answer:

1-Yes. Mr. James Brown.

is a fixture. I-le is there most of the I

time and he is in a position to judge

ustioe." gm- Mr. McIntyre: “I 8-Bree with the 1,,-ical code."

P0111 S\1!f111191'Sid¢ (M13 Anem em for re-inspections and for the con-

- - Phulzed I-he Wm* that is that the trolling or prohibiting of the lil'

I 3”Gi"9 the “mn” °f f°"°m”“ md 3--When trustees consider neces- Stipendiary Magistrate iS P"°°t° staliation, erection, use or sale by

ily a fixture in olllce. None of any person 0, firm (lmludlng any hese Magistrates are ever disturb- public “.|,,,y, ,,,I,hI,, ,his prov-

have ince of electrical installations or

o interests there except the inter- electrical t,.a,,5,.ng5550,,S dangerous

to life or property or not in con-

mity with the Canadian Elec-

Voices Approval

Mr. W. M. Lea approved of the

would be very beneficial ’to"'1i:\e rovince. He asked if it was The

P

whether a policeman should be sus- intention to ‘have 8 gpm.,-31, _.1n-

,...

pended. I think it would be estsb- specmon of the prOvInce_ . I

lishing a. very dangerous P1`_9C@d¢11¥

to hand that power over to the

Mayor, and I support the motion

that the clause be struck out.

Clause Deleted

The motion that the clause be

struck out was put to a vote and carried with one dissenting voice- that of Mr. LePa.ge.

Sections 22 and 23 pawed without ,

discussion. '

Sec. 24 of the bill is numbered

“IBB-a". Premier Stewart said this section did not seem to fit into the

I

statute as it is numbered. 1

Mr. McIntyre suggested nmnbering

Hon. Mr. MacPhee said he: was

not informed on this point. I }

After some discussion on. Ithc metnm to adopt nw 1.111, Mr. A. MacDonald moved, ns on :unend- ment, thnt it be oiioucri to re`- main in committee. The motion was lost on a standing votefiifr. MacDonald and Mr. T. A. Comp- bell being the only supporters.

The bill was reported agreed to vith minor amendment. .- .- At 1.15 p. 111. the House ndjourur

ed to meet on Monday, 1\'Iarch,~3l. at 3 p. rn. . 1 -

Siauve For Senate ' ~

2"N°` h _ lit more definitely. The members I IS Ottawa Rep01't is-No. tio aut orzed I.uSi>€Cf_/~’1' in were there for the purpose of mak- ' ____ ` S Provnce' Iing necessary amendments. ; 0r1'1‘AWA., March 1'l-Coi.nci- f"I;,‘; °s"“"‘“°' I Premier Stewafil “The trouble 15 2 dem with news or the death 'or 1- S. 1 ‘

_ this: we d.d not draft the bill and < senator Joseph H_ Legris, report;

trvrr. ;111e1;ua.-.1251 ‘the Acting Mn- we do not know what was in the were in cireuiauon in o1taws"'to- ef ° P” ° °’ S' mind of the people Whv did- If We day, that non. Arthur suave, Post- 1`Ha5 the Lieutenant Govemor knew- it might help Us R 30°'-1 deah" master-General would be elevated

been notified of the vacancy in the The clause was allowed to Stand to the Upper house probably at A&°‘mby mused by. me death M Pmgress “'55 "eP°1't°d °" the bm' the end of this session of Parlia- ‘I`° H011- Ml McNeill- and leave was asked to sit again. ment _

2”” S0' has any Wm been issued, ` For some time many Conservat- of fi member to 1111 the vacancy. ELECTRICAL INSPECIION A01' ,V85 have been openly predmmg

i`2`¥:rl;now}edge' on motion or Hon M M Ph that the next. Quebec Senate va¢- 2~_No | ' r' C ee sncy would go to Mr. Sauve. Sen-

~ _ the House went into Committee mm. mgrls. death today' at the

In ansv.'er to Mr. Thane A. Camp-

beil's question to table orders-in- eouncii with regard to the Provin- c‘a1 Polce, Premier Stewart replied that 't was not in the public inter- est to do so.

In reply to Mr. LePsge’s question

whether any investigation had been held in connection with the drink-

ing fracas in Quecn's County Jail_I

chair of “The Electrical Inspection

Ireading, with Mr, Hunter in the age of 82 years opens the way It

is as yet, of course, too early for

mt", any defnite prognosticatlon, but

The promoter said the bill was

introduced at the request of the

there is no q'iesiior1 that Premier Bemxettz would satisfy 11 large body

Board of Fire Underwriters. The _of opinion in ms own party if he

purpose is to minimize fire hazards