v tho regular dividend.

AUGUST 21: 1935

Stock Quotations

MARKET GOSS P

'0” Johnston )Ward'a Special

IIOINING MARKET LETTER

NEW YORK, N. Y" Aug. 20—The mm-get yesterday suffered the first

real setback it has had, since the last of May. indications over the week and that the administration

w" going to pursue its legislative pfggfgnl to conclusion and the passage of the Guffe Coal Bill seemed to he the immed ate news that started the aeiiin . Before the re- action reaily beg n the Bail and Utility sections were already while there was isolated strength in the Induatrials. The Steele were par- ticularly strong in the morning. Unless well informed views of the outlook for business this fail are entirely wrong this reaction should not prove serious. On technical grounds, however. it might carry to about 122 as measured by the Dow Jones industrial average with~ higher support point at about 125.

» Duw Jones.

SUMMARY

NEW’ YORK, hurl quoted la Qltuntiil)‘.

Senate passes the Frasier Lemke Bill wthout a record vote.

Stan ard Oil of Kentcky declared rt-irular quarterly dividend.

Senate and House pass the Crosser Railroad Pension Bill. House and Senate adopted confcrcnc creport on omnibus banking hill without record

N. Y., Aug. 20-41010 London at 140s 21m.

votes, Bill now goes to President Roosevelt for signature.

Federal Reserve Boards condition statement of weekly reporting member banks as of Aug. l4 shows

increases for the week of $206,000,000 in not demand deposits and $138,000.- 000 in reserve balances with reserve hanks. Loans and investments off $14.00 000,

Sorrel inc. and subs in quarter ended July 3i nct lirofit equal to tltl

cents a common sitaro against 52 rents n share in previous quarter and 4-1 ccnta~a share in like 1034 quarter. llllh Low Last Off .10 1nd 13.30 120.07 1241.33 1.68 2n linlls 36.07 811.44 35.51. 1.41 ‘.30 lltii $.03 iii-U 21.01 1.17 J0 Bonds 93.48 0,11 Dow Jones. BANON SAY!

IIONTREAL Que, Aug iii-An oft opcniiig’ in pr ces _vestsrday was fol- lowed by an attempt to resume the advance under the leadershi of U. S. Steel and of DuPont w ich de- rinred an extra and an increase in

the selling drove prices day. While

'i‘i1e recovery terminated in final hnur when e heavy ware developed which sharply lower on the

yesterday's sell off is unsatisfactory the market's behaviour is not de- cisively hsarlsh. Existing positions may therefore be retained for the time being. but further purchases should be deferred fon a day or two. Traders who acted on my lug estion of accepting half profits in lectric Bond and share yssterdly have cashed in some handsome profits, I would hold on to the remainding pos- ition for the present.

Gold shares sold off slightl yes- terday hut selling again fa led to make its appearance in quantity dun- lug periods of weakness. Pick up Dome Mince, moderately and on a scale down.

Banon.

BAI-ING LETTEE llondny Evening

NEW YORK. N. Y Wheat and corn sol cent and would still alone,

Cotton closes unchanged and any further bulge take profits the lot that you bought at 10.175

Several of our recent recommen- dations, such as Auburn, United Air Craft and Texas Pacific Railway made new highs but in the after-- noon the whole list reacted, some of thcm rather sharply but in spite of the sothack Auburn and United Air Craft closed a little higher.

Think the general list might go from a fraction to n point lower, nftcr which the uptrcnd should he rosurnctl and continue till Congress adjourns which probably will be on Saturday.

Auburn recommended for the past wcek, rose over 3 points more, but close’? only d4 higher still a buy he-

W a . -

United Aircraft ommendsd ab- out a week ago ueat- iii, did sell be- low 11 afterwards made an entirely new high today 187;, closing st 17%.

bttIv it at 11

‘eras Pacific RB got up to 23%. but in sympathy with the reaction in the other rails it closed nearly a point lower than Saturday, stock will sell much higher and statcd last week, is not likely to so below 20 even if the rest ‘of the liat reacts sharply, and before we get a teal reaction of importance this stock is likely to be well above 30. still s huy here. ~

ElectrlcJiond and Share closed at 20 Saturday and l said was plenty hi h enough, today it broke 3 points. on‘t buy.

American Power and Light sir per cont which I said Saturday should react near 40. declined 5% points to 41 closing at 42 you will probably ﬁt a chance to buy it around 3S or

Case Threshing which l arid may he bought at 05 finally got down to 116%, it might go a point lower still. then buy it.

1 think Amn. Woollen pfd has now reacted enough and Western Union should be hou ht if it reacts to ah- roducts, which I said to buy near ti’! sold at: and closed higher than Saturday, huy it near d7 '

Baring.

., Aug. 10- off noarlg a leans t em

0D Oi’!

N. Y. Stock _ Exchange .

[Quotations furnished by Johnston and Ward. embers of Montreal Stocks Ilaahango, Montreal Curls lisrket. 15d Blelamend llrrst, Char lotteiown.)

Stocks

Air Red ... .. Am For Pow pfd Allie-d (‘ham .

Opened

Arncr (‘nan . . (‘ar Found .. For Pow

35% llriims . 41% 42 Byers A .11 11 1'1 llurr Add .\l|ll‘ll 17% 11 Con (ll . ,. ’.'.i 21% . 133,2 l 06% 308% all: (‘lies Ohio 455i Chic North 2% Chrysler liiot 58% Coluinh (‘arh 301% 13% 20 81 ti‘. 935% 210%, 114 146 251,2 l-llco Pow Light ,. 0% 6 Eric 11% l2’ First Nail Stores 5J1 51% Frceport To: 1.1 25%| Gen Asphalt .. 10 (icn Elcc . 34 Gen Foods Iii Gen hlot ,.. 4'.’ (lold l)t|si 115% tiondrlch Rub 5% "ontiyear ltuh 30% Jieham Paige 2 it North lid 31% it West ‘IIII

3i

Rm oeb o 35;" curl...“ 5a

rﬁilH-lfiz‘ .1‘: :..: .3

liouth Rail 3a a a. ‘:5 34 I4

N J lawart Warner ... i r.

Mt ’l. Stock " Exchange

tQnotstiona fnrnrslaed by Iohnatoa and Ward members of the Mont real Stock Ixchanga, Montrea Curb Market. 156 Richmond Street Charlottetown.

Stocks Opened. Last Bell Tel 131% 1811

Bras T L-Pow 8 S,‘ B C Pow A .. '23 23% Bruck Silk 16

Build Prod 30

Can (‘an Cour 7

Can Car pm

(‘an Cei Con: .2

t‘an Cel pfd (fan Cctn t-tnn »i.‘an Cem pfd Can Hydro Eicc (‘an Ind Al A Can North lHgv .. (‘an Steam pfd , (‘an Pat:

Dom Tex com lnti Nickel

lit.

Steel Co Can

MT’l.. CURB

[Johnston and Ward) .

P0111

Stocks Opened Last Abitibi 90 B0 Assoc Brew . 12' 12% ileauhnrnois ,.. .. 41,5 4% Brow Corp (foul ‘J1; 2% Bi-it Aihcr Ull . .. 1C tfan Malt 349g tfhamr Oil (1% Con ‘apcr 100 Dis Snag .. 211/. Dom Stores ... 8% Ford of (‘an 2 Green Stsbeil 22 lil . 13 l 86 ltlelchers A a Mitchell Rob 3 Noranda 88 'i‘eck Hush" aso Walker Good 20$ Walker Good 18 Walker Brew 306 Ma rk ets A t A

Glance

(Canadian Press) Toponfg no llontreal-Jndnstriai stocks low Totonitd, her “wigs: Ygrk-lstocks closed enchant-

ehiinss-Golds lower: base

. . . and HALF

$13.95 Coats for $16.95 Coats for $19.50 Coats for $25.00 Coats for $35.00 Coats for

Every Spring and Summer Coat has been price ticketed for immediate clear- ance. Every COAT ls NEW THIS SEA- SON . . . the styles are modern and right.

Many are ideal for early Autumn Wear

M CFARANi

COATS t... AT“ SUTS A HALF PRICE _, HALF PRICE

All new merch anclise!

PRICE.

6.9a ................¢..¢.-...s s.4s 9.75 ....................$12.so .....................s11.5o

§\

S 5

Every one of these

sion of the latest style . . . ALL NEW this Spring. A good proportion are made up in fabrics that make them completely use- ful for Fail wear . . . Aiwonderfui chance HALF PRICE

at.

$13.95 Suits for ............_........$ 6.98 $16.95 Suits for .............._.».<..~....$ 8.48 $19.50 Suits for ................._...$ 9.75

_ .................s12.so $29-50 Suits for

$25.00 Suits for

rl

Suits is an expres-

“Miss

1 ounce

season . showing’

$2.95 Dresses for .. .. $197 $7.75 Dresses for .. . . $517

Paton Ea’ Baldwin’s new"

15 New Colors

$13.95 Dresses

SUMMER DRESSES—ONE THIRD OFF

All these are daintily stylish garments that have been coming In freshly, from week to we . . there's not an old style

$ 5.95 Dresses for . .. $3.97

$10.75 Dresses for . for $9.50

§S

Canada ’ ’

GIRLS

Ball s

8.

ek all through the model in the whole

NEW 811111111131‘ DIESSBS ONE THIRD

OFF

“Lew tiiliiévl so

. . $7.17

MINING

(Canadian Prose,

TORONTO, Aug. 20-Aa base metal stocks advanced today on the Tor- onto mining market, gold issues (Ir- clincd lo a new low mark for the year, the index re istering a loss nf 1.40 to,10ti.tl0 '1‘ o cause of tits selling, which was mainly in the secondary issues, though there may have been some switching from lia- yellow metals to the base lllﬂdln. Stronger markets for the metals, par ticularly copper. stimulated action in Shcrritt, Sudbury Basin. Walla-- Arnulett, Fniconbridge and other ia- sucs of the group. Silvers wore slow and heavy. ‘ A rise of 1 01 to 90 21 was record ed in the m ceiianrotts mines indcs and for this improvement the nua- ferrous metals wcic responsible. balconhridge gained i0 cents to 4.15, iiudblry Basin l0 to i 0:4, Shorritt- Gordon up to 83. Norsnda l3 to 38%, Waite-Amulet 0 to 74, Pond Oreiils 2 to '13 anti Base Metals Corporation 0 to IE. Closing prices were all down moderately from the day's ht-st levels tho market having profit-taking to contend with in the last half hour.

_____________

New York Curb

(Canadian Press)

Stocks

Amer Cyan B .. Amer Gas Eiec . Am

Great Britain pound 4.9946

Holland fiorln .0801.

India rupee .3181.

Japan yen .2064.

New Zealand pound 4.0301.

Norway krone .511.

South Africa pound 4.0712

Sweden krone .2571,

Switzerland franc . .

United States doiiat- 7-32 per cent premium.

Closing exchange ratea:--

At Montreak-Potrnd 4.90 15-32: franc 6.05 cents; U. S. dollar 1.00

7-32.

At New York—Pound 4.08%: franc gutifiﬁ cents; Canadian dollar iii) " -

At Paris-Pound ‘i500 fr: U. s. dollar 1507 fr; Canadian dollar 15.04 franc 16.04 fn.

in gold-Pound 12a, 1d; U. S. dol- lar 50,23 cents; Canadian dollar 59 01 cents.

NEW YORK. Aug. M-Foroicrl ox- chango irregular. Great Bria-in ds-

mand hiéh 4.08%: low 4 m“; cluso 4.08%; day bills 4 07%; France 063%; ltliiy 8.22‘ Belgium 16.91;

Germany 40 4i; Ca'nada 00 $1412.

LIVES TOCK

MONTREAL. Au . iii-Offerings en the two Montana livestock mar-

rsivos, tilt! ho s and 74 sheep and lambs.

‘Fhe few early sales made on cattle were mostly common to Just fair qataiity bulls selling from

Calves were firm. (lraascrs brouitht if! to 88-76 with the bulk at $3 50. Good veals were sold u to 81.26.

Good lambs brought d with culls out at u. sheep ranged from s2 to as according to quslii . 811111110" are notified that bsginn ng Sept. I. lambs weighing 1W to 110 lbs. will be cut $1 pen hundredweight, and nvnr no lhs., 8! our lwnﬂrvdwelsht- lluck lambs will be cut 82 ner hudnredwcight.

There were not enough early hog sales to make a market.

Wlnnipeg-"heat on 19S to 1K eon s. New lath-Cotton and cube I 1...... .1». at r- hw- Currenctes _ , l4 M $1.; (lzlhliiersullicnr es as Canadian Press’; Union Cerb c Mi 68 iuorvra an. Au . 20- hs twumi unto; Pat: W '5 sterling was up ‘l- of a cent to United Air . 4.90 11H? on lfontreai foreign ex- Unitad Corp .. 9 changes toda the Unihﬂ United (las imp . 17% are; isr was or! I-ss of one per u g 1nd Ai .. . 4' cent to 1.00 7-88. The tench Trane u s Rubber 1.. 18% eased .01 of s cont to em cents. U g gm," ,. W new vonx, Aug, zo-oeia enr- 7 s lteel .. . pencil-s leaned backward in favor of fan Steel . ll quanta; and United stem dollars to s . ‘ﬂat: gm c” 4 en's Canadian dollar was fraction‘- ‘m, 1mm, _ all higher at 1-82 discount. The W”, m" M pe ad sterling advanced a earner l- 6! g a east to asp. The reach ‘ n 1| as ﬂea“, is n a cont lower at mfg, I e s. u. seats. .

KRUJJUCE

(Canadian Pres!)

MONTREAL. Aug, 20—A steady tone continued to prevail on Mont- real dalry and produce markets to- dsy and trading was again quiet.

On the butter market csrlots or less of no 1 were 201/4 to 20% cents per pound while lots to retailers were 21 to 211A cents for solids and 22 to 2% cents for prints. Arrivals totalled 211 hoxca.

Cheese was generally l0 to 10% cents for no 1 current Ontarlos and 9% to 0% cents for no 1 Quehecs. Receipts totalled 2,215 boxes.

Graded shipments in car-lots or lcss eggs were still 21 cents a dozen for A-lnrgc. 25 cents for A- medium, 21 cents for B, and i0 cents for C. Receipts were 2.010 cases.

New potatoes were slightly higher. Quebec stock ht-ing 3o to 40 cents per w-pound bag.

Miscellaneous

(Canadian Press) MONTREAL. Aug. 20- Wheat, nor no 2 88. Barley (l W no 3 48. OatﬂC W n'o 2 113.

Oats C W no 8 48.

Oats feed no 1 4a. Flour spring wheat v-Ilﬁlltl. "P"! I600

Flour seconds . Flour bakers $1.00. Flour winter wheat patents, choice ‘S. 0 to $3.40, our white corn $5.10 to 8.5.30. Bran ton ZLN. Shorts ton 28.25. hiiddlings ton 28.25 to 30.26. Boiled oats bag 00 lbs 8.3. Hay no 2 per ton csrlots 11.00 to l2

.50- Cheeee no 1 cur Ont 10 to 10%. $280 9%.

E A l 82. s55: Anagram 80. ‘ iilggs B as.

Iiggs C 2!. Potatoes new Que 80's 301i-

ANTICOSTI ISLAND NOW OPEN BIG GAME HUNTERS

Antiooati Island. in the Gulf of 8t. wrenoe end for many years a so of small feudal world when held by the French chocolate king, llenisr, is being thrown open to big game hunters. aooordins to O- 8. Howard, Manager of the Tourist Bureau, Canadian National Rail- ways. Deer and hes-r are to be had. a email gems. Ownership in the

liiand minus-a new mans!“-

vtsitnnlvt iiiiIAi strut nutritious

Corrected For Every Wednesday and Saturday Issue

PRODUCI Oats ... ... 50¢ Hay. loose cwt . . 60o Straw, pressed cn-t 40c

RETAIL IARRET

Celery bunch .. New potntnos pit . Tomatoes Rhubarb ii» . Blueberries qt

lmxos .

Raspberries 2 Currants Black out 35o Cauliflower oar-h .. ,.. 10-130 Onions ih ..

t . . . . . . . . .. Turnips Spinach 8 lb Parsley bunch Broccoli ... Peas qt , Cucumbers Butter .

Prenm .. Eggs dos .

Cod lb ,.... ... ... ilc Mackerelﬁ for ...“ . Haddock lb ‘Io

uring concern. and the former Menier villa is now available for guests. There are some line salmon streams on the island which

lic-lionoe fro-m

Halifax Port

A , I ARRIVALS:_ fl’! va Nova scotio from Boston -—~— Wesson from Pier 29. AREWALS,“ Cavciier from Montreal

Zende from Local Harbour. SAILINGS:—

M. a L. Coaster from Lunenburg. Currie and Barge from Local Harbour. t Coaiby from Cape Breton. Wesson from meal Harbour. Barge from Local Harbour. Acadian from Local Harbour.

Waswn to Local Harbour. Barge to Local Harbour. Sll"l'l‘l'li"ill B. to Local Harbour, Mary Currie and Barge u) 1,, 11b;

VESSELS IN BERTlIm.

Sherman 13., berth.

~Novn Smtis,-~bcrti'r."*"" ' ‘ Mary Currie and Barge, berth. t Cnveliﬂr, berth. v

SAILINGS:—- - ’ '

Acadia. to New York

zends. to Montreal. Was-lim- berth- Birgit to Stream. 3"?“- beml- v hellish to Manchester. Cimib-v- 59ml-

Bargzc No, i, berth.

M. 8r L. Coaster to Lunenburg. Barge No. 2. berth.

Lady Nelson to B. W. Indies. Wesson to Pier 36.

VESSELS IN BERTH :-

VESSELS DUE T0 ARRIVEZ-o

Aug. 10-Dom. Stripper from Halifax. Reliance from New York. Rosalind from New York. Fort. St. George from St. John Bixlkaricr from Montreal. Ztl-Magdaien from Halifax. 21—Marlis from Halifax.

Sherman 8.. berth.

Zcnds, loading. -

Lchigh. loading.

Birgit, discharging.

M. s: L. Coaster, discharging. Acadia. cruise.

Mary Currie and Barge, berth,

coqiby, 43011331113, Britannia from New Yorl Barge m, 3 m4 1, berm, 22-l-‘arnorth from Boston. Barge ‘no, 3, berth Iensrfish from l-ialifax. Lady Nelson, machining Femiield from Halifax. Wesson, berth, 24—Liiiemore fmm Jamaica. Barge, berth, Reliance from New York.

25—Sonia from Saint John. Magnhild from Nild. ports Portia from Nfid. ports. Chedabucto‘ from E. C. po City of Eastboume from East.

Ik-Msgnhild from Halifax.

ts-csveiicr from Mont l. Fem’ mm Wllilei- _.- mum“ mm N“, om Fort St. George from New Y l _ nn‘.]md from New York Rosalind fNfIl Bit. Johns. . i. Fort 8t. George from 8t. Johns.

Aosdioll. berth. VISSHJ DUI 1'0 Anittvln... Asg. -

iB-Dom. Shipper from Halifax. Nova Scotia from Boston.

Bulkerier from Montreal. "Wmnmcm" i The guest at the small '~ ' ma” m“ mm“ hotel was indignant. l‘

Magdalen from Halifax. 21—Msrlis from Halifax.

Britannia-from New York. ﬂ-Farnorth frrm oston.

Ltenariish from l-Ytfllax.

“Didn't x ask you to be sure leave me some hot water?‘ he mended of the maid in the -» _ ins. l l

"Yea. slr. you did." lied ‘

gonad in steam" mil 9'04» eel-mum mm Jamaica e.

Fsrnfleid from lllliill

girl, "and to make sure it'll it for you overnight.’