rnucusr 22. 1930

ES TERDA v19 s To cK A

By GREENSHIELDS i} Special to Stewart Jone:

L; y §:-:=='s. §x§z=Eszgz-zéz-rzu-zzxgzaza:

itowot ... ... in; Products ... l‘

.111 4, ‘

on ... ... ....

Bridge .

-. ou .. 1111,; .l\‘bitibll‘.. .. 5;... J|nvL1imfl 8m be: and values were rocluced 1-2 to is unchanged. heavy receipts are be- |rl1pn\l!0§‘itl3lltcl-...“.-.. __ 311;.‘ liifii“\vl.,_l“l‘_ 51x1? 12:?” 3-4 c per lbnThe trade was fair. Re- 1'11; brought in from P. E. 'I., to meet "m, PPu-Uloun, __ 23% 1g‘. pnwor ma“ Marin)“, 09.. ceipts were 1,014 boxes. Ef-Iircmc ‘the demand, but the quality of these ... 1 -1,/ n s: - _ v _ .i‘;r.:..-:.. . . i‘.- 231} s; time raikedti=eirwe1n 01W 1s 1~~ 11»<1111~- mom. "z mo, i: I’ n 5pc palm,“ m, and values were shaded a fraction. lsupmtlve demand adversely Jobbing 2o c .. o J. i.1oio.1oo ‘ ' . 4r. (int l‘o\\' . .. 51.36.11.321. iozo 1111i? Recap“ wfre 3'341'b°xes' Th? m‘ lungs here are extras’ 36'"; firs“ l... an 211:1", -~ - . 1* "‘...;‘..‘:.'.‘-.1‘.‘.‘.i‘. 353;” 13;‘ g" “v h" m Pom I M] H: __ ‘W, I 1pm.’ fixmm dmml‘, .. m? p rue s ca y. Receipts iIBIB 93.510!‘ as arrivals by truck and, - .o .. » . w. - _ , _ , _ ihoioorouon ' “mo” “luv w" gillnlrL-II 0 “ere 692 cases. Poiatoc. were un- iCADTiIkS lioie been heavy. ' 1 “out 'i‘r:iin . 5pc Julyl.liiil 1011/; changed M? 55 I10 9U f‘ :1"! 8U lb bags ilulifzix, N. S. Receiptg of 19551 .\1 ».: - . 411‘ A 1.102" 1 n .... ,. . =. ‘.\Ii:il' fill-c ArPrri. 111.1": 0N2 or new lowly ground““"k' “g5 ‘m m“ market mntmue Very ‘p... 1.’! ‘unil ... ins Privi- mo. _ ijov :‘)=-oi.i§]i‘i‘§ 131W. I "liight and dealers ere looking to"P. Free! .... lnuuilu ifi. . .. ‘opt? 011.1. . l i EGGS E I ram‘; for S“ u t 5m“... ,_ .. . ‘lolly: a; _ . . . p11 es o meet re- ~ ....-- l 1 .. .. ~ 1- = -““"'“ ’ Elm” $h.\\v‘ Pow Jfipc no 1.11110 104 ‘ _ m“r°'“m“"" ‘vmh 59'9"“ 1°“ bimlg OTTAWA, Ont. Aug. 2i~Canaclan brought in during the week dealers

NEW’ YORK

no.1. . , Sears iiwfifllfk mi of New Jcrscy ...

oi

1 i-.»~r ... ... ... ... ... “ ' fruck ... ... ... " i For l-‘ilnis . . ... ... -l' ' ‘ .. . . an 117 "tier - - . .. 277i; General lioto . .. ... 44% = 5h‘ . ... ... 1071.5 BANKS Born! Brink ... ... Qfiiiléi

IIAIIKE‘! REVIEW 150B AUGUST 21. 103C '

in mmt situation! in industry, as Ieli fir‘ in nihcr channels of life. roul- pcrwiioos usually develop out of'iin~ favorable MHNIIIIOIIS, and the newsprint Iqdilslri‘ of Canada is working itself into :1 {iusliltln where it will be able to i»-...»"fit touch more than ever before fr improvement that sets in. o inst few years. up to the

oi‘ 1020. the industry wns ‘ihmiri with all soils sot and iinplion keeping puce with the i nsidernhia increuse in capacity During ‘the present

VOI)‘ in this conoiry. year. the miiio hiirs been forced to rs- sdjust tiivlr former slnndnrds of costs in Iwilrr lo moot s very definite sur-

plus an mpacily, nnd prices for news- pri iinll have boon generally regard- ed as iuoiloqunlc. This boil been done In most cnsos with rory gratifying rc- iulrs. nnd roiluriions in costs run from $4 io K1 nnd to cvcn $7 n inn. This IUIDYHYVHIPHI bns bcen brought about by groiior offirlrncy in prnctirnlly ov-

' ‘illHl, lurliiilini: lbnt of a sup~ inntorlnl, pulpwnnil. ’1‘|\cre been a (‘Ptlflill ri-iluv- is stnlcd lhnt. this

. 1w u 1rlly tinn in staff, but it has fiu-ircd ss only n inlnnr point in the i-iriiu; down of ovcrhcnd. This it- self is nno of the most satisfactory elo~ mt-nis in the situation. . when the rcol upward movement In i.i.- nt-usprint industry will stnrt is s llitli- uncertnin, but those \‘0I\ll\‘l‘If‘(I W!" lilo industry nppoar to ho confid- erl flint the month of Scptnnilvt-r will mar lho beginning. During Julr. nc- coriinj: to figures nircridy puhllshrd in IIK-ti‘ rM-lon-s. there was s slight in- crrasi- in production ns compared with Juiu- s ioinl cf 210,078 tons ill ngnlust Zllml ions. The improveuioiit was ipnront than renl howcvi-r. ns tho lime wns ionizer iu .liii_v thnu nnd lhc- nvernze iliiily pro- wns only 0,884 tonn an ngninst 1i‘l~ ions for Juno, nnd the ops-ruling rnrji. to mipui-ity only 71.3 pr. no uuiiinst

73 l ” The inonlh of Ailflllfl! is likely l" ilwiv u continuntliun of tho rnihor in - condition that proriiilcil during

nnd July. but n I‘(‘III iurronsn in 1i l nnd output is gcnornlly looked for h) q‘(,ln‘ do»: the uionth of Nop- tenvoer. '1‘): hrn following months. Uc- liibl-r nnd November, if they run true Y" - is "form," should show uinrk-

iscs in output. When the tiuio ‘I for higher prices in non-sprint.

Market Reports

.1118 ‘lrvvl us \'> i . . ~. . inflor‘ dlvildeuilsuhrfs \\':-‘i‘lrLn\-‘.‘_-|‘;‘s$;;l 3513;811:195 2214mm in 10150 u deficit of considerably

10 over $3.00 u shn . Th .75 profits tuito, p, ‘fame laoggnlfigaes f): 5i ‘h; ienii thnt wns sold hut bud not yet

bet-n ilolivercil. Tiiig lgfuL ‘Anton. will Yield

mice hue:

(jgiilmfur... . . . .. .. tflnfhli (‘t-inent . 1ni~i1lit1s lliriil io o 1:11.11: stoi-k of unsold - Power nnd Paper . . zinc. Brewing . ..... ... ....

Unit Scour

m-é

e 00., Montreal 8', Co., Charlottetown :-:

the (‘oinpnny y "n vl-rY substnntbii rofit.’ but iu the int-outline the tou- IlFPII lohvu in iii POSI. This

to

ACTIVE BOND PRICES

5") pc May 1. 1035 100V;

DOMINION GOVERNMENT BONDS 101.00

5 p: r. |li' 0h’; pc .11., pt- 51/51 W5

\. \'lc

ili-nowai 51.4,. pc lltfunillng: . .. 4V, pc Iivfiilliiillp.’ . . .. .. 5 pc ltrfuuiling .. .. H1; pc ltl-fiiiiiiiiig: .. .. .. 451; pi‘.

________¢_____._

SOURIS NOTES

bliss Marjorie Harper and sister

l-I 3i 1'1 i Z-I $3 === .

MONTREAL, moderate amount of businers transacted in all lines of cash grain main- tained. Flour and milliccd were also in good demand. The feature o! the ~ dairy and produce markets was hilt) easier feeling that developed for but- l

==

(Canadian Prcsnl PRODUCE

Que. Aug.

day and values were well

egg markets continue flrm steady to- day and some further price advances are looked for shortly,

TORONTO, Ont.,

Morning

‘ll-A livcre G02 cases as compared to 1,300 W218

Aug. Bi-Thc tras, 31-32: firsts, 26-27; seconds, 21- egg market here is very firm, s1- 22. Wholesale prices to retailers are though prices ere unchanged. Con- extras, 38-40; firsts, 35-36; seconds . i sumptive demand is improving. Deai- 29-30. Chicago spot 26, Nov 23 5-8. "

.~,~r....i Gossip

11-5; V_(_Z_P_I.A.RI.OTTETOWN_ GUARDTAR

=|.—_'_'=

iers nre paying country shippers for upgraded eggs extras, 30, firsts, 27, se ictmds, 22 delivered cases returned. I hfontreal receipts here yesterday :ca.scs on the corresponding clay last ‘year. Th2: market is steady and firm ‘with o. gccd demand for L. c, L, snipirlcnis of the strictly top grades

laud rm advance on these is looked

for next week. H Si‘. JOHN, The local e55 market

‘have advanced their paying prices and are now quoting country ship- lpcrs for iingriidcd eggs delivered ex-

lSpecinl to Johnnion t" i‘ ml)

‘in sit-cl opcrntilwus providing [hp first

Jessie of East Royalty were the “w. . m ,

~I M R, J M‘i\' trtziid‘irl\\"lix.l"\~ Aflg‘ TWO} “imimiillli hi’ lriioil nw-vs ihu ninrkot has hull

guest. of Mr and rs. . . i. en- 11 i 1-11 on. vonlmuiil _\1‘.~i1 _ 1o Kililll’ ion». ‘fuel 501i] .1; m. h; he“ uuil ndvnurt-s wi-ro gPHPF-‘ii illrilllgiiuui. irrir-i» nil ills vurront more as 11 rzesult

cie.Sourls. Miss Jean Bernard of Stsnhope. was the guest. of Mr. and Mrs. Edwin. Bernard, Nev! London. M ss liinrihc.‘ Roach has returned from a (1.110 months visit wit-n her sister.

Miss Mary Grant. is now visitlns friends‘ in Sour-is. '

Miss Gladys McKenzie, of Scurls; was a recent visitor to New LOHdOXL

Miss Wanda Acorn is at present visiting friends in Georgetown.

Mr. Harold and Brent Stead were recent visitors to our town.

Miss Charlotte Neale, of Bear Riv- er, is the guest of Miss Marion Ken- nedy, Iiingsborc.

Miss Bessie Gilliam. of the firm of Matthew & McLean. Souris. 15 i" present in the city.

Mr. Stewart McIuiYfB. 0! 1585i Point, recently visited Souris. __________._._ sucostAvtnu MARKET FOR RUBBER GOODS

Importotions o1 rubber goods are of primary imporiazice in Jilgllfilflvlfl. owing to the lack of domestic Dw- duction. writes A. B. Muddilnim. Canadian Trade Coirunissioner in Milan, in the forthcoming issue i?! the Commercial Intelligence Jour- r..:i_ All automobile tires are import- cd. The bulk o1 the imPOYtS 0Y8 from I aly and Germany, and 0f other tires from Austria. The "lb- ber galoshos trade is in the hands 0t the cheap producers - Austria and Czechoslovakia. Imports ,0! crude

tlzi- not profits st thesi- hgher‘ pr cos. i! is safe In assume. will be ronsl er- lhli‘ rrcntcr thim ivoulil linro bccu ihc corr- under sliniior conditions one or too or three your! ago.

"SMELTE RS"

Th" SIIIIPIYINII of cnrnlnizs of (‘onsob M-"iil Miuiul ulid tltuolliug i"n|up:ii|_\' 0f Cuiuids covering the first six mouths of rho curret yesr shows s very sharp decline in earnings, in spits of tho fort that production was in excess of st Your, The rensnn tor the fuiliug off in EN _profts was entirely due lo s very worst-d ilt-riine in priccs of lead, zinr. i-‘iiiml-r nnd silver. As n mutter of fnrt, the dividend of $0.25 lhnt wns dcclurcil for the bnif yesr-reprt-si-ntlng $1.25 as the regular payment nnd $5 bonus-urns M! neiirly oiirncil, the nuiount available Working out at approximately $2.07 it shore ns cnmpnrcil with $9.02 for lhl: first hnlf of 11020, lind $0.05 for thi- cor~

"Bhonillng period of 10%. in both nth-Dads particularly h the south 1.1m“

wwuuuo-o» .1.¢»»»... EYES TESTED ' AND GLASSES ITITID It W. TAYLOI b l. 8. ‘Ilml 0 I“ lQLli-lchnunl Still! ‘L;

|rubber come indirectly via. AIISi-rifl- ZAn increase in the importation 0f [American tires can be looked for at. Ithe expense of Islbm due to the fact that the importation of curs from l-hc United Slates, owing to ‘their suitability for the road condit- ions, is increasing si, the expense 0f European mnltes. std to the activity of one or bwo American automobile cub-agents with their greater power to grant credits than that accorded to thier European rivals. Also, it ‘has been mum-l that North Ameri- can tires stand up better on the

i

do Italian makes. Over 50 per cent fof the automobile lmportstions in {i929 came n-om North America. . , MANITOBA PREMIER

REPORTS SURPLUS

WINNIPEG, Aug. LIL-Liquor pro-

9d

l‘ somtmsml

LIGHTNING.

destroys in a few minutes the savings of a lifetime. Prevent these losses to your home, barn or stock by using '

APPROVED LIGHTNING CONDUCTORS

fits, _ ‘ duties. lmusemsnt

low eiirlier

Locally. however. the lPndi-rs wow- (]\il4'i. with the uinjority of changes un now iigible proportions. international Nickel rights sold up to 8 cents as ugiiinst u of one cont. Brazilian met with support bi|_vinf-' nnd rill offerings iiround the 15L’ lvvnl n-i-rt» absorbed.

in the week

0n August '30. 1029. thi- lornl innrli

was in the throes of n general (HIYIIIIPP with Cons. feature, this issue scoring an iidvnnrc of 10 points to 306. Nickel gained 3 to 5.11.3. p111 lll‘i\_

Mining and Sineitiiig

Brnzilinn 1.1 to 721/4, Frnsor “J24 soili tit 51, Winnipeg I-Ilcr‘. Rt, fill-oi (ii, Abitibi 431%, Alonlrcul l‘u'.\ 142V}. B. C. Power “.\" dill/p l‘.in. Power 50. Power Caron.

llriilge I12, Price Ilros. 10.‘. \\‘:i_\~|<tnin» I..\lt .. ' .~ ' i ' nrk SUI/n. Show. 100%, 11nd iluebcc Pow» n1“ ‘an conhxpd t‘ 93~ SIJMWARY in the event of only n smnil por- ~“‘-1>F "nuk of‘ E1 ~iund into illivlinngor] at

rentnge -of Nickel shnreholdors

with which to curry on program. Tho depr vuluo of (be Sim" ouruings for lb:- wiicu profits foil bu: IIN‘ iliviilond ilislnirseiui- period. Earnings for tho first just met tho lII\'iiil‘il(I. llio surplus

ii ‘cuts short of l,l fur

ilifforenre in ‘ir . is sufforlnp: from :1 in

-r i-iud for Xii-irt-l oivini: buslncssi rt-iission nnd from prlco of roppor nnil this bns lllfliii‘ so ulntion in the stock RIIIFIIPIIVI‘ foi- uiio would purchusc for u short

iuents from tiic oil 11nd motor iiidustr .-\1:ninst these items run be oruble ucivs iilso stntciuculs from dustry that the industry hurt by tho ilrouizht. (‘oiipliil with pond news from lht- stool and rnuo indiistrir-s is tho fart ihnt prof clement on flu-flooriiifruulrly bulli. looks for higher prices for slot-ks bn on whnt cnu be leriuod tho start srusonnl upturn in IHiilIllPtW. line it con bc further slutod ibut o in good qunrii-rs nro ' of tho npiuinu ihiit uhrii '

IWSSEII in tho sioi-k iuiivicol ul ll . is conipiotioii of

iho cunniui;

i

[hp right pooplo have ‘. stocks purtlculnrlv the publii- illilil ‘Pukiui: those is now the bi-iii-i’ th should be bouillli U" It‘ ler prices inior in the .\'

iii! for l

ri-port

automobile

receipts from Manitoba

gave the Province of mated. and thus Premier $180,570 for ended last. April 30.

The liquor profits for tho been estimated at $l.'l50.000- topped this fisilre by 3294.939-

tho

of l‘i|:i.i

obi

its (I1"\'flil'\[ii\il‘ilI scion iii Ibo iuarlioi is duo in in» ii1\\t‘l‘ si-ronil qulirlor i-f \'>"‘il‘ l\‘ vuonllu: ibe frst three iuonibs making up for tli1\!...i p.- ihc svviiiiii iiiirirli-i- i-f iili‘ ihi- low

thos- hoiil.

ilivlilonil cuts and unoniuiiirogiii; siuli»

s1"! up 1' from tho stool IiliIl\"1Ii‘_\‘ tiuil

bus not boon

- ouul

oi’ n Alon: this pim- firmly

ncr-iiiimhilion of hi4‘ for n fnll llliVflllNl rnihor lhuu iiir- KPITI

f3rts into l'illl‘z'llil‘l'iliiilll igimil sin

tax, income tsx, the gasoline tax and 1 - licenses _ -

most. $1,000,000 more than was cstl- . John ‘

Bracken today declared n surplus oi . the fiscal year which‘ ‘Y3

year had q-myl

BRINGING UP ATHER

11f this roport. The rolls were not par- 'l""1“l'1.\‘ Slrur-i: due tn the decline in rnr loadings u! a time when seasonal Iilcm" Mil-mill? would bring about on irnrouso. From now on hoivevor, seq. sonnl improvement ilclnyeil by the light should begin lu be reflected in biuhor car loadings.

T1"? llfilspt-r-t of 11 scnsonrii improve- ini-nl. in izi-norril business is becoming inori- gum-rally appreciated and is - fordini; tho hock-ground for the curroni Tho Dow Jones industriril nv- ‘ini-ilier ton points lo go I1l‘~ n» ‘iilllg point. “here ll\(‘i' in the lnitei- port u! July nnd .\lii_,'il:‘-I.

ct

Hi1 l‘ i‘...

fliililPfll (‘:1lif. Edison July fllli ufti-r iflX0§ unil vhurcos o lii‘[\i‘l"'iiillllll zigniiist $2

1‘ ‘i ‘ ivcn mouths 2H0

.553

II- flu-

li.

pro-o of ||--ii '_‘.“1 l'i'l\I§ ii 11-1 I ~o of IIHEIFIO“ Oil ‘l-onii-iiii-Inli-d lluinbic iii“ siooo .1.- \\'('i|.=ii*i' iwolv limlrii SLii u Plliliiiiiill share. pfllfiii from solo oi‘ liii"l'('i, to urplus toiul

J “I:

1 i'l'il(ii3 nli *l in all": meeting p .

ioi‘

c9.

N“ IIPI prnfii

j ilivlili-nil oi’ $1 .11 -

WALL QTREET .‘IIIIROR S.\\'§\ ‘ u" _ (L

d rui . high 120,10, loiv 125.74. last NEW roux. Aug. ci-Toi- si..¢:=l,._.\.,,_ m, m ninrkct continues to give- n gooil ii<:-‘ n_ J. ""1"! "I “W” I" Ill“ m“ "t ‘“'"" Forocusis nnd Factors-it is cxiwctvil

t profit tubing 1rd iodu pour-roll)’ ;,ri.s on thi- IIIYSIIIK‘. liution nnd ll‘.Jll‘lit‘l bus ll sloiviy biubor by lnbor ilziy. IIlli'iiilIi)\\'l"I' k Wot-ks The l position of the iniir tors consiruclii > ivpi-rntlons. iizivlii- uiiil il ‘ l .

b .1v-'

siwslon nnd

lu-

iii" illLf

sod

i1liI_\‘ when moi-r- f “'"' bib-moss suppiriui-nt existing '"‘" iioli- 1i il‘l'illlil'ili l'i>|iiIiIlili!\‘.

i~lt~=

w, lviIPllVF iu on .'i(i\'.lii4'\' in the

I'm‘.

i-i-ui iillivli. mi- \\'.\I.I1 5TH 15H I‘ .\D\‘I§OII.\'

LETTE“ niv Yillib’. Aug. iii-The mrirkci

I .1111 in iinillni; enough to tempt evt-n

NEW YORK. Auil. 91-11“ lmflmfp‘ ‘dor on iiii‘ side lines to ninlie u rnnlinui-il yesterilfl)’ Willi "l? 1m“ A55" ooinniiliiti-nt Ili‘\‘\' und thoro. i-biuvlii; i1 olliflil i11\i\1‘\'\'°"“"'ii 1» iii-iiviiy liinvovnr. i-ooiioio-

, i l ' .. 11,1 in ii<1i"li|:ili~ th1~ iuurkl-l

i

londorsliip is

' stionul nit-n;

al-

.iii fooniliy wiih buy-log

.1 w». . \\'i~ nro not iinininilfiii of tho bov -\~r lbut this is the- snlue iypc ‘or-bio ivhii-h bus steppi-il ..'le l moni his indlrniio: : bull foruys 1:11‘ nil iuportoiii A poriod of hi-silnllnu

IlWIliiIllI-T iiitori-ots. nnd

ilor.

sud installed by

WILLARD o» PIDGEON

BOX 82

P-IJ.

' FOR Qcccmzss sAKe‘. rr seems imnoesisus

FER ME‘ "ro C-rr AWAY i-‘Rovi THE: GOLF

\

it moi 1

bnlnnre but in

i-i. (1.. oo-i Ilofiiiiug m». i-oiiooou iii ‘

no further cuts

months enro- ini-luiliui: r-uvuritlos iuirrioil \\'il.\" :i common shnrc declares

.. 2o. low ' 220.114.

li-s will be readily (hut ll innire further pru-

l'o,-\\'o think thot IIIl‘ good vhnnm- of ivorking

strong kct n: this

‘roui u puri-ly udpoint lhc rccovcry could l" iurtlwr but we reilcrnil- i upwnril inoroiucnt \\i|l

~ rubb-

i e nnd lb" ‘ilooirod ll-litiil‘ inirllripaiti-ui is iiill uvi€~

b if ii \\'l‘l'l'. nut for lio» hut tlnil inziinly ihnrnctor working prin- tlic liiics of rnpiinlizln‘; . pro-V usly oi-or-orowiloii idiiirl lulnrosl » .- would in- iuuro iur-llliiul to conic out rociunionilii- I

fuct

ll pri-vlousl occnilioiis. ~ flint iho prescut 1- lb» support of

prubnhic Hailing dips would Form in bc in or-

New York

Air Reduc Aileg Corp

Exchange

(Special to Johnston I Word)

Ope Highll.ou"i.nsv.Ntf‘h

Jllfiihiiil)? J15 1H5 l-‘l .1 , ~_ .-

Silica

—__

The Montreal

Stock Exchange i

(Specinl to Johnston h Word)

Stock lliillu-li I’ liraln ...I , ' kbiiibi

l Qfls/i i -.. ,.

Openlligiulnuv inist ‘- 10