THF. r1_i_i_.§1_zi..0r'rE'rowi~1_ domino-ii»

l sTocK QUOTA TIQNS

/

R. H. MeNElLL, Branch Manager 179 Kent Street, Charlottetown.

WE RECOMMEND-

T. M. BELL and

A, BRIEN BTCBENTH, Si. John Halifax

CANADIAN GENERAL INVESTMENTS LTD.

PRICE-AT THE MARKET T0 YIELD OVER 4%- (INVESTMENT TRUST OF MANAGEMENT TYPE)

Company Limited

BOX 651 Suminersidc Monclon Fredericton

Morning Stock Letter

(Received over Pltfleld and Co’! ' Prlvatewlre‘

NEW YORK. Dec. ll-The whole English stuatlon seems to be moving smoothly ahead and as a result. the London market is firm again today. Yesterday's New York market no doubt won friends for

itself, and we would look for a better market today. Lani icolor declared a dividend of 50 cents.

Columbia Broadcast 111e,, declared special dividend of $1.30 and a 50 cents regular dividend. Stocks which we would favor are U. S. Steel, Republic Steel, Westing- house, General iElectric. Electric Power and Light, stone and Web- ster, Barber Co., Continental Oil, Ohio Oil and Great Northern Pfd.

TORONTO, Dec. ‘ll-Eldorado- Financial Counsel learns that op- erations at the Port Hope, Ontario, refinery of Eldorado are being stepped up to a production basis of 3 1-2 grams of radium per month or about 40 grams per an- num. Chromium Mining and

NEWSY NOTES l

In the account of the festivities on 5r, Andrew's Day I T954 1h“ one speaker told of the Saint travel- l-mg r0 a land of the caniifbals, where had I road that before? At last it dawned uPO" m9 W“ ‘his part of the Saint's‘ history w” in be found in the Vercelli Book, a copy of which lies before

lilt- .

The Book in question is a cot- iectiou of Anglo-Saxon manuscrln 5 now in the Church of St. Andrew in Vci-cclli, Northern Italy. ‘Ilicsc WHllllfZS may have been left iheie by AllElO-SBKOH pilgrims on their way m Ramp; or, ivith more proh- abilnr, (‘nry may have been ciiiricd from England b.\' Gamma‘ a...“ iizio-izili) and donated l" the fibre-mentioned church nf which hr was the founder. Th!‘ Iflfillllfirflllli have been ascribed to one (lynrwwilf, ivhose initials n1)- pear, sot out iii acrostic fashion. on some of them. Nothing of any ceifnlntv has been discovered about this author; he was either 8 Mcrclnn or n. Nortliumbrian, and was probably born in A.D. 750. "Cnicivulf", says Professor H. _K. Gnrdon. who edited a translation o.’ hi; works, “is as deliberate and ronr-cilius an artist as '1‘eiiiiY$°l\'~ Tho Srixon poet probribly- worked from a Latin version of “The A015 of Andrcw and‘ llfiitthias“ the (frock original.

Thc story opens by drficfiblflfl lll." jouiiicy of Matthew, or tfattlnas, to Merniedonia, “a CD1ll1~ in" coinplctclyi encompassed with Irlmc. with the devil's treachery." 1n flint country (mnjccillffld t0 be Scylhiu. a very hazy region in- liccd!) on account of thc scarcity ll grain and miter. thc pclllllc liarlc food of all strangers from c2\\'l1f‘l‘(‘." There was mighty liunult. throughout Mcrmcdonia, [ailicriug of the wicked. 1111011141112 )1 the evil oncs, ivheii the sci"- vants of the devil heard of the lcnrs journey." Matthew is taken B3])ll\'€, maltreated and cast int“ prison. His prayer brings the 701M‘ of the King of Hcavcn, woii- llmus beneath the sky, promisink lo sciid Andreas (Andrew) to "free thcc from this hostility." ‘Iflien "(he holy Guardinniof all crca- turcs, (he Creator of angels, dc- parlcd to the’ celestial country‘; l-ilc s Kin: by right, a firm Gui c n iill places."

The Mermeclonians were accus- tomed to look nvcr their prison- Its once a month and select n ‘number ftir slaughtering within tiv‘ lirxt thirty days. Matthews day at dcom was but three days iiwny. vrhcn n voicc buds ‘Andrew, in far- ‘will? Achziiii, to go to the zissfst- Mir" of tho lioly mnn. Andrew in Tfllli" objects, cites the length of the jounicy, the shortness of tlic lllllf‘ niid the danger and discom- inn of (he way; in effect he says "WYLY not srnd nii Angel?" Ho is mrl with the rcproof: “Alas, An- llfrri. that. (lion wouldst. cvcr hr RIPW in setting forth. I1. is not hard for Almighty God to bring . m’ Pill’ hither to this country . with a word. But bc thou ready at “l” Dinner iinic; at daybreak thou ihult] hoard tho boat. alone nt the "R-riiori- and mnkc thy way on the “i111 wafer across tho sea."

Min thc morning. Andrew. "no

‘ut u coward," set out over the llfilldlllllb‘, "bold in mind", and found a broad-bosomed ship thcre. in it. were three sailors, valiant men, Emily for the voyage. "That was God Himself, The Lord of warriors. the r-tcrnal Almighty, with his two "R8918." Andrew, unaware, bar- flllnis for a passage, in the course °l_\\'hich a great storm arises, which is described with scriptural Rlzllfsnalga hWhen the storm passes

as man ueations ut him. mostly i-elaNinqg to the Nile lllrl miracles of Christ. They near lho land, and as "Andrew the llve- b“? d"? Praised in speech the "china of the Holy Ono. suddenly ‘mp l?" lllmn him on the whale- "1-“161 the sea) beside the King oi icavcn", 30ml? tlirounli the llll‘ ' while Arlgrew wakes to find 011 g - "lf-‘dlmla "Then T851215: ding esdrchliledf ‘he sky. bright light of hell-Von. {Emil-ink over the dwellings." He

{"58 some of his former friends awning near; they to» ma mi.

“P11118111. thither in their sleep. All . k" "u" war w the city, and

' city.

Pholl-limpcr"

I! Lilith . . . . .1. meet the “Prince, King of all liv- St. Andrew ing things" in the likeness of a buy

who promises to protect them and renders them invisible.

Andrew finds tlic city prison guarded by "a band of heathen gathered together, seven of them before thc prison doors". Death took them imirzi\ioiisly) and the Saint finds Matthew in the prison. He has bceu blinded, as was the custom of the cannibals, but An- drew reveals himself and re-

‘stores his sight. They set free two

hundred and forty prisoners “duly numbered" and led them out of the Matthew was to load them to safcty“, as the Holy One bade him." ivhile Andrew, still invisible, went. back into the city.

Inside Mermedonia there was a terrible outcry: there W85 not-hing to cnt hilt the dead prison guards. But "before the multitude the de- vil appeared. dark and foul." The betrays Andrew to people, who cast film into prison and torture him. l-le beheld by the wall in the prison "great pillars wondrous firm. columns standing, beaten iipfin by the storm, ancient work of giants". To one of them he straiglitway littered a word: "Henrkcn, tliou marble, let now burst forth from thy base floods. a stream of water speedily on this proud people."

Then was t.liere no further delay ere ilic stone split; the water gushed out and flooded the city. It had reached men's shoulders when one, unhappy, sad in mind, spoke in sorrow": “Now ye yourselves can pcrccirc the truth that wrongfully we pill. bonds on the stranger in prison‘ Lot. us free hini and pray the saint for succaur." Bold, lll'1- dauiifcd, Andrew comes forth; tiic waves rctreat, for wherever his foot trod, ilic ground became dry from the ilclugc. An abyss opens and tiic watcrs are swallowed up along with "the worst of the host, four- teen bitter foes." The people rc- pont and are baptised, those drown- cd nrc restored to lifc. Andrew appoints a bishop over the people, and returns to Achaia, while the poem ends with the apostrophe: "Tlici-c 1s one eternal God of all creatures! His might and his pow- C1‘ arc famously honored through- out the world, and his glory gleams ovci- ill] on the saints in heavenly majesty, with bcauty in licziven for cvcr and ever, eternally among the angels. That is a noble King!"

The above is a short abstract of the tliirtcon-thousand-ivord lifs- tory of a particular episode in the lifc of the Scottish National Saint. The original is irrittcn in what may bc tcrincil "nervous" English, of high quality; without rhyme, but ornamented With alliteration and a certain abrupt rythni. The com- plclc pociu will be found in "Anglo- Srixcui Poetry", a volume issued by J. M. Dent and Sons, Toronto.

THE FERNH OF I‘. E. ISLAND

12) Tho ltlurgilial Shield l-‘crn (Aspidiuln Marginiilcl is some- times known as Tficlyplcris- margin- ales (L) Nleiiivl. 11 taken its pop- ular name from the fact that the sori or fruit-dots arc in straight rows close to the margin of the ninnulcs. The blue-green crows of this fei-n may be looked for in the depths of rocky WTmd-s 110111 P1‘- Ediv. Isl. to Minn. south to 0a.. A1a., and Ark. It liybridgfzes free- ly with other species.

(13) Tho Wood Shield Fern (As- pldiuni Boottii) has the scales of the stipcs of a pale brown color. thin, and without a darker centre. Locally it has the same range as the last: it is also found in the woode of Northern Europe and Asia.

(l4I The Bladder Fern (Cystaptcris Fragllis) is vcry variable by a sort of dimorphism, whereby the fertile fronds are smaller, with the pairs of pinnac rather distant: the sterile fronds have the pfnnac contiguous. Certain sterile forms are difficult to separate from the related genus Woodsla, but on cutting the stfpe of the latter, the ligiieous bundles are seen in union, forming a V or an X, whilst in Cystopteris they are all completely separated. The segments decurrent on the winged rachls are very distinctive.

(15) The Christmas Rm (Poly- stfchum acroatfchofdes) keeps green all winter, hence its name.

The McIntyre Potato This year we flew-a few rows c!

Smelting-has located new ore at the 225 foot level in the crosscut. Number four furnace foundations are, completed and the smelter will shortly be operated on larger tori- nage. L. S. Timmins succeeds A. R. Globe as President. God's Lake —Cunently opening one of the bert if not the best ore shoots yet developed in the mine. TORONTO. Dec. 11--'I‘he mill at the Arntfield Gold property is now averaging 200 tons a day, accord-

Nil/IT’! 5.5.2:; Exchange

(Supplied by Pitfleld d: Cog members of Montreal Stock Exchange and Curb Market)

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“Blues“—as the Mclntyres are called-for home use. They are not a mealy potato, so that they arc not popular in places where mashed potatoes are served. 1' imagine that. they would show a very different. analysis from the ivliite-skinned potatoes; more fi- brous tissue, which prevents them splitting in the pan; and some- thing fi\ the nature of vegetable oil, When the tuber is boiled the skin separates cleanly in a thin sheet, leaving all the protein (and not a portion of it) f0.- consump- tion. I may say here that the bulk of the potato is starch which is an "energizer"; but there is a layer of protein, perhape one- eighth of an inch thick, Just un- der the skin. which is a. "body- builder." Thfs valuable material is cut. away as refuse when the potato is pared. The boundary between the starch and the protein can easily be shown by placing a thin slice of potato into a very weak mixture of iodine and water; the starchy area will turn blue.

I have yet to see a McIntyre in-

secms to be almost immune to acab. On the other hand some of the tubers look “spindly" and they are certainly rough and knobbed. They are a plebefan potato ioompared with the shapely Cobbler: but that 1g just because nobody has troub- led to select them for type. nor to rogue them for other disfiguring factors

fected with rhfuoctnnlo '"|rid"‘1t"

1H8 to the Secretary ‘treasurer. With the installation of an addit- ional agitator now under way it is expected not only to mauitain this figure but. to put efficiency to such a low de- gree that the already low tailings will be substantially reduced. De- velopment ore at times running as low as $2 per ton has been put through the mlll. Mr. Arntfield points out that milling costs be- ins but 80 cents per ton. such

treatment yield: a profit. although it makes production somewhat irregular.

MONTREAL. Dec. 11—Me1chers Virtual agreement on new plan in- cludes-l-Holdcrs of shares on which there are dividend arrears 0f $11 per share will receive (a) 1. 1-4 shares of new six per cent cum. $10 pai- value pfd stock. (b) $3.50 in cash. of which $3 will be paid im-

mediately and 50 cents within a

4 of the 7 directors and A stock three, except dividends are in ar- rears for more than two years. 3-

dividend of 40 cents per rliare p6)‘- able Jan. 30 record Dec. 26. This compares with a dividend of 30 cents paid July 15, 1036. Company expected to earn between 90 and 95 cents a share for 1936 conipar- ed with 74 cents last year.

an

WINNIPEG, Dec. 11 —- (CPI - Late ivcakness iinoutsfdc markets did much to pull down the price of wheat on the tvinnipeg grain ex- change today.

The close was 1-8 to 5-8 ct. lower.

Export sales of 500.000 bushels of

the last. WllCh scattered offerings found the market lacking support. Cash-grains spread". liclci firm. Coarse grains prices moved higher at. the start. flax shooting to a new seasonal high at one period.

WINNIPEG. Drc. ll Closing grain fixtures:

--- (CP)

year. ll-Class B holders will elect .

New six per cent pfd will partici- ,

pate with B after latter has re- j ceived ninety cents per share. Brazilian ‘Fraction declared a

wheat held prices steady until near ‘

Oats: Dec. 49 3-8b; May 49 i-Bb; July 47 5-8b. Bariey: Dec. 75b; - May 67 7-8b; July 64 304a. Wheat:

Deco. 114 i-Z; May 115 1-2; July 112 Zi-Bb.

Cash prices:

Wheat-No. 1 hard 115. No. 1

Nor. 115, No. 2 Nor. 112 1-2. N0. 3 Nor. 109- 1-2, No. 4 Nor. 106 l-2, o. 5, 101 1-2, N0. 6. 97 1-2. feed 82 1-2. N0. 1 garnet 110 1-2. No. 2 garnet 109 1-2, No. 4 special 100 1-2. No. 5 special 94 1-2. No. 6 spe- cial 89 1-2. track 114 l-2.

0.11s: N0. 2 C.W. 49 3-8. No. S C.W. 46 3-8, ex. 1 fecd 47 7-8. N0, 1 feed 44 3-8. N0. 2 feed 42 3-8, No. 3 feed 39 3-8. truck 49 1-8.

Barley: No. 3 CW. 75, Na. 4 C \V. 70, N0. 5 C.W. 62 7-8, N0. 6 C W. 61 7-8, track 7i 7-B.

CHICAGO, Dz-cii-(AP) _C0rn suflercd a market collapse today to the extent of 2 1-2 cents a bushel maximum ovcmight loss. dragging wheat lower in some cases about 1 1-2 cents.

Notices were posted iodny that some corn and wheat would be de- livcred tomorrow on December con- tracts here. Liquidating sales of December corn took on cJnsider- able proportions, and were largely of a stop loss character.

At the close corn was 5-8 to 21-8 lower, Dec. 107 5-8 to Il-4. May new 102 5-8 10 3-4, wheat unchanged to 1 cent down, Doc. 127 1-2 to 5-8, May 123 8-8 to l-Z. oats 1-4 to l-2 on‘. and provisions unchanged to 17 cents decline.

FINANCE

NEW YORK, Dec. 11 — (AP) — Raw sugar was unchanged today at. 3.77 for spots and 3.75 for 1037 quota sugars with no sales report- cd.

Futures filial prices were im- changed to 1 point net higher. Sales 4.650 tons. Jan. 2.83b; Mch. 2.8311; May 2.850; July 2117b; Sep. 2.8811. - '

Rcflncd was unchanged at 4. for tine granulated.

MONTREAL. Dec. ll -— (CPI ~- Butter prices improved on Cuna- dian commodity exchange produce section today wiiile eggs held firm. Cheese was inactive.

Butter spot~Quc.rcgraded ‘.16 3-8.

Cliecse spot-Unquoted.

Eggs spot-On1. A-largc 37a; A- medium 29a:A—pullet.s27a; A-large 25a; B-medium 23 1-2a; C 22a.

MONTREAL, Doc. 11 -- (CP) ~- Pound sterling cased 1-4 cent on Montrealr foreign exchanges today to 4.89 25-32. The French franc at 4.66 cents and the United States dollar at 3-32 discount remained unchanged.

NEW YORK, Dec. 1l—(AP) — Foreign exchange mixed.

Great Britain demand high 4.90 "1-2, low 4.90 1-4. close 4.90 5-16: 60-day bills 4.88 5-16; France 4.66 l-4; Italy 5.26 1-2; Belgium 16.92; Germany 40.24; Canada 1.00 3-32.

M Ti’L-.- CURB

5h“. Open (‘lone B A Oil 225i 2.7 Dom Store! 11% ‘Hi Ford A '-‘l'< ‘J17’- lnm Ull 20; 20H Infill‘ Pele 3P4; IL’: Alon-her: A 1 H5 14 Weller Good 481g 4D

IV. Y. Stock Exchange

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PAGE NINE

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ANNOUNCEMENT

wooos READE c0.

Announce to the Public

Stock Brokers

OPENING

Quotations New York Stock Exchange

. , . . . New Tweel Building ~ 164 Great George Si. CIHEFAOHHIT-‘ffl

(STOCK QUOTATIONS BROADCASTSTYFF)’ 12.510 and 7 Ih/ll. daily)

‘Of Their New Offices and ‘Grgunrl Floor Boardroom with Improved Brokerage Facrlities

Ticker Service Toronto Stock Exchang:

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Produce Prices

MONTREAL, Dec. 11 -- (CPI _ Butter prices moved up sharply on Montreal opcn produce markets While es: prices held steady.

Qmded 62f; Shipments in carlois oi lcss were quoted at 36 cents a dozen for A-large, 28 for A-med_ "Im- 26 for A-Dullets, 2a i-2 to 2s l-2 for B and 22 for C.

Butter was quoted at. 26 to 251.2 991115 D91‘ DOIJIId for carlots or less 2f] No. 1 while lots to retailers were . to 27 1-2 for solids and 26 1-2 10 3'7. for prints.