llslllllvs wall llllln llulllllls

26 28 23in Corrected For - Every Wednesday and o,-_-_g;,=&n 1215f.‘ Saturday Issue 8:: "offal... -. ‘fir. . d2 nonn- Q ae..r.r.' ' .533 gay, loose, cvvt . . . . .. cock-Ph-uit ‘ pk, o!" --_-‘~" "' "" "' "" COIII SIDS“ .13

IITAIIL IA R K I1‘

Exchange

_i-s

Bcthurct. A ... ...

Tel

12

Potatoes pk . - __ goisry bill!“ Gen Steel Ware

Roast Beef’ .... .... . Gm.“ ' __ Flick" m" " non Gcid Mines

Ste" 111"" -- lnu Nickel ..

Perl flwl" lntl Pow rm

W!‘ n’ ' Massey Harris ..

“M”: 9° McCall Front Ofl

W‘ - ' ~ ~ -~ c r ..

FMIM‘ 4 n’ Nlntnlt Brig: .. 9mm“ “J ‘ M Nat Steel Car ... Pnrsninl 6 lb . 10c PM"! Cup _ ' Apples dcl . 1846c Quebec Pow

59"" do‘ ‘ w-‘M St. Law Cclvp

»’"“'“""° ' ““°" it Law rm

Butter . . . . . . 80-32 hawhflnn

"ream .. . 40c “mm w]

5"‘ d“ ' ' lentil Can Pom T“f,‘,“{“b“un'§§ “ Steel Cc Can sac g:uulfl'égerd_ _ _ Steel C0 Can pfa .

on . .

Ifitulillggelnlb . 19c BANK! Pigs, 7 weeks old,‘ pail- 69410.00 co

Pigs 5 to 0 weeks old. pair 610048.00 Maltnég‘?

lrlslr

Bel-ring dcl ... Lobster! lb . mlAlock lb _.__._.__.__. (Canadian Prccs)

May

17-1116 lound storling, the United U806!

dollar and the French franc all closed higher on Montreal foreign exchanggs today. The pound was up 1 11-16 cents at $4.91 1-6 while the dollan gained 1-16 of 011s per cent to close at par. The franc filmed .01 of s cent cg, 650661116.

Central Guardian locnll 6c nor vvcrll? 2c. per word: In Icncriun Notices, Spiritual Offerings, Curls, ctc , Cc pcr inch; Nctlccs of and

word. our» rota on application Iiulmum lcc nay

BATEl—3c QQ word, floss for the of

fhrec lnscl two, Itrlctl;

°"""" “' “"“.“' a so um . 19.00 19.12 19.86 0.1a Gen. Motors, Gen Electric, wese- m: 3n‘ W? 1 r ssvr: AND an sun. mars IS so Bonds - ease 0.2a inghouse, DuPont, Oerro dc Pasoo, 1e "Y w For sale but accomplished 12y only-fig log; Dow Jones. Cass 1 hing. Jolms Manvillo, g3; §§f1efi"_‘ff f}: Wm w- ‘ Bil c. e C l. Garbo how further good , Y ' 10% l-‘OB SAL: .- AUCTION FOBTY- have a policy to suit 3m every ymgncm], COUNSEL pgoms, but? 115cm avol-agm go ab- $5170.11 2114191.. 13% ""- 55" "m Wm" 5°“ need see J. s. Moore. Currie ove no. Sell out mu. The rails ggrflmljgf 11¢ $119k, WW1" ‘mix; if,“ Building. Churlulwwwn- 1-“1540- May 1'1—Me1chcrs Distiller-ice. gained slightly and should have a Pei", n," m, ' ' _ ' mv G AND Directors’ dividend meeting today. fair rally beforcmsthtian m; h! 11:3 N I fig“ m" “LE - “M” 505W cvervthlne in the small rubber tappenwclm b: igloo Iiiiiimsllé‘ gained. Foolish’: "“““““ d" m‘ Paper euitsbls for plscinl under lines. Order by mail direct from “$001,364 with an ‘expwmuw m more 5e“ out 119,11 i; 5o. £33‘; om, 2Z2 rugs, etc. I Guardian Ofliur ‘acturer and save 76%. All sewn; qumm u,“ director, M. ' Baa-mg. Re Iron Steel .. ' 1m 1a ' 34"“ g4“ l" mm“ Pmlmd “Y “s their regular meeting today 'wlll'l ’ ggfivegofgggg- ~ 3",? 3” lain . M il a ' - » -- ~ “m SALE _ “DEW SADDLE’ “has” ‘evgrtalpgee: on areélaeig: rial-gm; 50 centmdtilgdefiéi BANON s “NOON LETTER 2112111 clgnlon 011 1%“ Bridle sud Rldln: wmp- 106 Novelty Rilbbel‘ Mfg. company. b Q, " fasrtprg m o tn ‘ Mon-rages Que m 1-l_ Socony v.1‘. 16% Hlllsboro Street ll-‘lllll-l-ll-ll- Box sea De . x-n Hamilton. “u 1"‘ “ ° 5 ‘m’ ° °°““1 ' " y South Puc .. rm r . _. _' pt ’ 5414a pony has ample cash resources to Volume of trading is fairly large South m“ 10% F" s" P“ T“ I" - "W" m“ “m °’ *‘ “”“"‘°“‘.‘3“ °' ‘$3 Comm" "“...°‘.....’°°’...“;l“;.;'fi 1m ‘the... av "l at st. Peters. wl-lto Mrs. Boiler. “W!” P" shlm- ‘l’ °h ‘"° "Mam" 1M mdw rm... out..." __ ’ m‘ 139 Kent Street. 11-7611-6-16-3]. T Let only involve a total sum of 850.000. being. ough over pr Stew“, ‘vwm m m ‘ o Thea-o is however, a ‘possibility that trials“ may bllaugvoitied fig: X110 01:11:‘- gmdemlk" , 3 Esmutn ‘noel; clucxs mu _ the bowl may wrull er t “who l» .wmm #11 “his -_ {Elwruwd June, sum pct 100. Express paid. 12$ M.,_'_,_°m“s€§.§f‘5§fg§§ to eorol- action until the Beptem- l sontllol-n Pacific and‘ ‘ti? lgazufl“ s“, _ f, Everett Howatt, Carleton. b9? 085111191"? 3:55- 3"?! ll" 511° 095ml WW b" “"51 e a‘ Tim lzolr Bear as L_7m'5'16‘5l' T° LET-mu“ ‘w? “M?” beglnanlounntcg ‘t’: csfslfuimnshsl-eq there warms} behind the market 1n- gill? 033ml.” cm ' g m]; 5513-1225; 501mg AT meat‘ Apply 88 L_-,g5°1n:f'“_al_ having been no paymentvsincs the cludo Std Brands, Com. wrlveuts £IPCD-Ib~ 1g,‘ Muvm’ Apply h mum a w 0cm ‘mdmrlsllfi mtmdngugeflaqltlsinfs tisontge gnllttetil gr“ 1'“ 11m 1 Bentley’ “7615-5-16-81 T: L"r,"""£vu'n§‘°m§ Yiilffill?" the me u‘ n form the ‘hay-hum Bill will take. IIIFSJIIQGEITAI f“? ' 41%“ 41% QHIIIGH , ' 1L N I y FOB 851-5 — "W"!!! 11°31'3- suitably locatod. sonly Gaudet tlosel-s are likely to travel llgntlv U S 5.2.1,"... 11w. 115% em Canadian Seeds. 0.1!. Pratt 8r a Hum‘! L,14ao_5_11_18_z5 BANON SAYS as fal- as utility oolumltancnlts are U 3 5M1 34 34y, 50111 5t, P008". 11-7604-5-18-31. concerned. UIZIIY ohservfszh lgllkr-rlglt-eelircs Co 114i , . MONTREAL, Qua. May rl-In- believe that that part 0 0 ‘ - - ‘ -' Ion ssul _ QUANTITY 01101011 Stile-Smell wfllltfid dustrials and railshwved forward advocating total olgnlnstlon of ;$g;{*q,,§;g'._~ - 2m .53 timothy hsy. usoo per ton. . “"——_“-- ~———————- to now highs on the current ad- Holdlni companies will hut b¢°°m° Wont who ms lav. L-lm-c-ia-ei. WANTED — 1'01!!- SALEBMEN vmce with demand for shares ex- law. nnrlns the first quarter v! llggglyaggrlf" gig; f; 7°? Qll"!!! “d K9135 CWMY- ceedingiy large. The current buy- 1905 operations in crude oil were yellow TmcPk 3 a

a SALE - CAB-DOA!) 0 fat stAers and heifers. Write or phone; 0.111. Pratt 8s Bon, Bt. Pct-

ers. L-7604§6-1_6~3L r011 ssula- scan AND scan wheat. William T. Coady, Basel- brook. Is-ICN-b-lfl-Bl.

ron ssh: - a rracc ammo room suits practically new at a bargain. ‘ Apply 103' Dorchester Street. L-7

FOR SALE — 16 FOOT MDTOB Boat 6 foot beam. Apply Ray Acorn. Blschmith. Kent Street.

11-7661-6-10-11.

TOB. BALI-GOOD A! NEW DISC. Drill seeder. P1106 $66.00. O. E.

Royal .. Bank of Can

III Appreciation. 70c pcl

Nova Bcctis

ads ..

A

(Canadian Prom)

Closing exchange

ratos :--

AfMonizecL-Pound 4.91 U. B dollar 1.00; franc 6.60.

15.18 l-Z Ir. In gold-Pours:

dollar 50.61 cents:

Anncnnecmchts and Coming Iivsnts, ls per word;

12s; U» B.

pa! Ivor-m Winter! nnd Eastern locals. lscnlliel

M17. Stock

(By Johnston and Ward's Special . Win)

swing. Purchases ct the marbles and on dips slsculd 1mm pxcfftcbio. Gold shuns omens in a wry narrow range yesterday and closed pmotlcaily unchanged on the day. Signs of accumulation continue to y“ .l"==;::"~..n* W... s" a y o e av- o h: the gold division. my those stocks on all reactions. Bacon.

BABING 111T!!! “hsnday Evening

s.

NEWYURK. N. Y. Ihy 16- closed 1 5-8 hidhca‘ and Col-u our 2 cents higher. They

haveurohsbiysccntheirlowsyu-

Cotton closed slbhtly higher. but a further rum of N or 60 mints is the most. to expect. Tho Industrial averages rose nearly a points men-e to 117.32 closing at 116.68. Total tions were near 2 l-fl million shares.

InmyletterMAprflMI pre- diolod this kind of mlvlty. Think the averages should go about 2

N. Y. Stock

I‘ cuslrnlslv

RDA Y’S STOCK and

MARKET cossm.

' Exchange

Jiuolaflons fnrnhhcd by Jchlldcl and Ward members c! tho Incl

real Stock lzchsngc, Curb Market. 166 Richmond Street

Charlottetown!-

A

Atchison Auburn Auto Bsid Loco .. Bali: Ohio .

points higher than they were to- day. in which case profit: on half

115 MORNING MARKET LETTER if lmw worm, n. Y, my 11- 254 The mar-hot opened firm to higher 17 yesterday and after some prelimin- glm ary churning advanced steadily a most of tltleddagl; The twcy pricgs 1s moved ou c recon conscli - "f: scion ares on the largest volume 7% since last July was impressive. l: m."is*a..v....v.rrlss.nm muc l; The cums m the lncnsol-lsls, how- “ W81‘. were widely distributed. The 11 metals and oils were particularly 1 strong. Chrysler and Wmingboslse 13": continued to be Inflation l“ our.“ c?" "c" 4% D11 11% Bill and the mill-lac o6 the “ Patnlan Bonus Bill being . 1m, over s veto. Yesterday's rally was 28% 1m 65 Ill-me as that on May 6th, 4f , Yet volume was considerably high- n I er. The undertone of the market {@254 =llll ,, good. however. 1111/, 5 Iaidlsvw and Com . l}? SUMJVIARY m“ 6% 16% NEW YORK, N. Y" May 17- 13“ Scum owes Warner Labor Dis-

1-5;

At New York-Pclud 4.01; Can- adian dollar 1.00; franc 6.68 6-8. At Paris-Pound 74.52 fr; 0on- adian dollar 16.30 fir: U. S. dollar

Canadian dollar

10c per inch: Lin: cl Ilnrnl‘ and

GRADE 1

June 4th. Full School, Toronto

A

qdvcnisccnt money-fin colds.

Miscellaneous

lc

(10)

N-3166-5-15-lB-25.

Insmel [Alton of Condolence 10c

imbue-cc."

Only workers need apply. Write ‘T?’ care Guardian

Help Wanted

STENOGBAPHERS. Male and Female. wanted in Charlottetown for Dominion Civil Service. Lost day for applications, uiars FREE from ths M. C. C. Civil Service

Male Help Wanted

FPRINTICI W A N r l: l) T 0 learn Barber Trade. Short Course

your holding should be tahen on those stocks that have made con-

putes Bill. Swift and 0o declared regular quarterly 12 1-2 cents dividend. No announoeanent on New York of 1 1-2 percent. Brokers loans by ember banks in New York City for their own sc- count in week ended May 15 were ll-lwhllllgcd at $826,000,000. Baltimore and Ohio March not lllmme $335,066 after charges vs $82,005 in March 1934. a months nee loss $621,708 vs 61,950,854. Standard Oil of New Jersey and subs 1934 earned $1.76 a share vs 97 cents in 1933. Atlantic Coast, Line R R in March quarter earned $1.19 a share vs $2 59 in first quarter 1904. Detroit Edison Co declared regu- lar quarterly $1 dividend. In 12 months ended April 30, 1935 earn- ed"$4.16 a. share “after extraordin- lry appropriation for depreciation" vs $5.64 in the previous year. Treasury resuming sale of $100.- 000.000 of discount bills to consist of 9 months variety and 133 day bills, additional funds from now until June 15. next financing

Treasury along. High- Low Last Up

80 Ind .. 117.30 114.67 116.58

20 Bails 32.45 31.81 821D

date, expected to be enough to carry

1.97 half. Rlmbber pdd 0.42 points more. Near 40 sell out half.

ing wave shows decidedly Bwllfil‘

siderabie advance since tbs middle

of March, there should than be a

sotbcckofdtoflpcintsbcforeflle is ruumcd.

Arnn. Loco pfd, repeatedly rc- ccnlmended when it was around and below 34, closed mt 48 while it lould react several paints, I ex- pect to see it 10 points higher still. Chrysler sold above 40. thereby making good an old prediction. made when it was in the lower tirlrties. that it would sell again near 50. You should be long ar- oundflandiiiiandl wouldsell out half near 50. "

Kennecott, l ded as c. good bargain when it was near 24, closed 20 7-8. On further bulge. sell out half. Phillip Morris re- acted slightly. closing 44, but re- cent advances to buy it below 44 still hold good. Also, do not take profits on this stock till I tell you. Celarlese woke up at last, gaining 3 points. Keep long for 28.

Am. smelting closed 45 1-2 and l doubt if you will get another chance to buy l1; at. or below M. Hold it. Fhlnbsnks Morse has acted disappointingly, but would, never- theless buy some at this level. It is sure to do better.

Gotham Hose pfd rose over 8

l

points more, showing over 7 points sell out gained Ovur 2

profit. around 33 or 84

1 .- '

strength than I at the present stage of

tlv higher levels.

spi would no

swings expcrlen Rest that you wwei setback before adding to

of long positions in would involve chases of indll

to buy

l- the rise. Thére is little doubt that prices will ultimately be established at te of this outlook. however, I t be inclined to react for stocks already recording material advances. The strongest of bull cc reactions. I sug- t the inevitable present positions in the Industrial‘; divis- ion. Rails continue to show signs of absorbing offerings. Assumption this section less risk film Dill‘- striai shares at the market and on reactions continue Atchiscn, New York Cen-

lgum "v. The branches, hovel/Bl’. and the secmd for the industry as a whole is ex the first three prices are. rislnfi , l and crude oil quotations firm

ly dividend to 35 25 cents a quarter since 1935. is on

the moat profitable of the petro- ‘ for all

1s improvlpg quarter showing

pected to be better than that of months. Gasoline in some regions remain

slim. Gas and Electric Co. which on April 1st increased its quarter- cerlts a. common ShBN after an unbroken record of

of the few utilities that has not gm» m; you; w“ p; "g1. been involved in rate controversies dung

and there are none in DFMPNI- Neville Chamberlain, Chancel- Dircctors omitted the usual serni- lor of the Exchequer, announced

annual stock dividend of 2 per cont lest January, but in its place sub-

ii PM: Cass Thrash Cal Corp . Com Sou ..

Cong Nnirn ... Choc Ohio ... IOU Chic North Chrysler \lot ' Coiumh Curb Col Fuel Iron 3i Ccium Gas Eiec 57s 5% Com . . . . .. . . 21% 20 Con Gas 23 28 Con 011 . 1096 10% Con Can 767s 76% Corn Prod . 73 72% Dcl Bud . . ... . 31 30 lli i‘. Dupont ... .. 100 W: East Kodak . . .. 142 142 Filec Auto Llfc C0 28 hliec Pow Light . 3% Ill-ls . 8% First Natl Stores .. .. 41% ltreeport Tex . 28% Gan Asphalt 13 Gen Eicc .. - s T5 (ten Foods . 35 H Gen Mot .. 33% "If Gold Dust . 15% 15% (iondrllh Rub i114 9% llrnilaul Paige . lI/ll 1 Goodyear lllliv . 10% 10 Great West Sllg 31% 31 Houston Oli .. 16!‘, 19% Hlld Mot 8% 8% lnti Hnr _ i . 42 Intl Nickel I8 Intl Tel . . '4 9% Johns Men 51 Kan City South i1 6% Keivlnaior 14% :3

_Z_..__._____ U» Minsnfs for llrullcl

traffic.

Goodyear Tire and Rubber Co. of Canada announces recapitaliza- tion pin-n involving preferred rc- deanptio A and 2 for 1 split in com- mon. New preferred issue planned.

At Hawk-es‘ y, Ont... report says that. Can. Int/l Paper 0o is expect- ed to start erection of s silk fso- tory mere at onoc. A plebiscite to

u allow the company fne taxation

last night for the first m!!! that the British Government was

n "watching" the currency situation,

BOND QUOTA TIONS? ANNOUNGEMEIT

Agar-aunt

E. A. “WILLIS & 00., LTD. Announce The Opening 0f Their Charlottetown‘ Branch

A MODERN BROKERAGE AND

INVESTMENT omen‘

Opcrsting a private wire to T Equipment o High Spec

on all exchanges. including the new Industrial Mining and

ously from market opening at 10

without obligation on

Listed and Unlisted Mining _ notations wlli be g

our new olice. Q

HEAD OFFICE ST. JOHN, N. B. BRANCHES-MONCTON, CAMPBELLTON, B

f‘ the most modern type

York Board quotations am. until closing.

Municipal and The public are

New

Government. Stocks.

ATHURST '

d Ticker Trans-Lox Service.

iven by phone cheerfully,

I

oronto with facilities for executing orders

has been installed Toronto received continu-

Quotations supplied Industrial Bonds,

d to inspect at any time.

invite

E. l. WILLIS a co. unit-l

CAN/w

MT’L. CURB

(Johnston and Ward) Opened

Mocks

Assoc Brew Brew Corp com Bcsuharnois . . .

Brew Corp pfd Brit Amer Oil Cln It . Champ Oil pfd Con Paper . . . . .. Dist Bengloms Ford of Can A .. Green» Stsbeil Home Oil lmp Oil Imp Tob .. info! Pct

ilsichers A Noranda .. Tcck Hughes .. Walker Good .. Walker Good pfd Walker Brew . Wright Her . . . . ..

- Press) MDNTREAL. Maly 17-Butter prices continued to a ‘ orl the ‘ 1 produce market today nrm- yesterday's movement to higher levels, following several mob cf downturns. No 1 in car- lotsoricssrosel-dlcerltaxzo 1-2 to I) 8-4 cents, wllllPfllfld with 20 1-4 to 30 1-2 cents yesterday. Small lot; to retailers went for 21 1-2 1p in cents for solids am 22 1-2 cents to 28 cents for prints.

Egg market prices held un- changed with graded shipments in csrlots ca- lm at l9 cents a dozen for A large, 17 cents for A medium, 16 1-2 cents for 16 1-2 cents for B and 16 cents for C.

Retailers quoted 23 cents a dozen for A large. 2i cents for A medium, 20 cents for B and 19 cents for C. in cartons, and s cent less when bought loose.

Prices were fractionaliy easier on

SPECIALISTS, IN

PHONE 1122

Finland flnmark .0218. fiance franc 0&9. Germany relchsmark .4025. Great Britain pound 419113- Hoiland florirl .6767.

Indie. rupee .3715-

Japan yen . New Zealand pound 8.9506. ' Norway krone .2467.

Poland zloti .1895.

South Africa. pound 4.6654. Spain pesets. 4365. Swedel krone .2533. United States dollar par.

o?

Miscellaneous

i-i-

(Canadian Press)

MONTREAL, May 17-

Wheat, nor no 2 94.

Barley, C W no 3 V53.

Oats, C W no 2 52.

Oats C W no 3 45.

Oats feed n0 1 44.

Flour spring wheat paLeKS.

firsts $5.40. Flour. seconds $5.00. Flour bakers $4.90- Ffiour wlrltor wheat choice $4.00 to $4.10.

Flour white col-n $5.50 to $5.60. ‘Bran ton $27.25 to 28.25.

Shorts ton 28.25 to 29-25. Middllnzs I011 $30.3 to $12.25.

patents,

BRACE BLOCK, QUEEN s11, CHARLOTTETOWN

N MINING & INDUSTRIAL STOCKS

Glance

i1-

(Canadian Press)

Toronto slid. Montreai-Indui trial stocks irregularly higher

Toronto Mines-Golds and. lower; base metals up.

New York-mocks closed lower.

'1

7-8-

New York-Cotton higher: rub¢~ ber and coffee lower; changed.

Rolled oats bag 90 lbs 62 Hay no 3 per ton carioia

Cheese No 1 current Ont. 0

9 3-4.

Butter no 1 20 1-2 to 20 3-4. Eggs in cartons A large 23 Eggs A medium 22. Eggs B 21.

Eggs c 1c.

Potatoes 80's Qua 85-40. N. B. mts 45-

P. E. I. nits 48.

100's New Fla or South Carolina"

$3. 50's New Bermuda's $2 to 62.8. - South Carolina per bbls 66$.

Use Miami's for Bruises

tho dleese market. no 1 current Ontario cheese dropping to 9 1-2 to 0 3-4 cents a pound.

On the potato mar-kt prices held unchsnced with Quebecs in pmmd bags again selling at 35 to 40 cents. New Brunswlcks 45 cents and Prince Edward Islands 45 cents. New Florida-s in 100-pound bags continued at $3 and New Ber- ‘Irzluaas in oil-pound. crates at $2 t0