00UST

-———-——¢i—- ,

-—-__-__._--..,._

rus t cnannorrrrrowpr GUARDIAN

ease m

. ES TEREA Y’S‘CK

Mnlllvc

AND E

{iii

MARKET GOSSIP

(llesifl ss Johnston ssl Word)

Markets At A Glance

TORONTO Aug I»- (Osuudsu Irlss my. ' Toronto and Montresjigiqgh l

Toronto Mines-Lost gr und. New York—Stocks closedo lower. heat closed higher.

. ts Johnston sue Wsrd) 103mm: raanxur uossrr

Aug 8-Wsll Street w, “Still no change. Con- w s purchaser of stocks on tn. Both the trader and the o content to wait 1n the current market. It

ou the upside at this time. ins u lctuof purchasing to

f pJm-rsuaonng l

t nsblt-fermlng drugs though. Creates no craving; digestive unrest or co

Pivotal New York Stocks

Bendix Aviation’ ' "

mans. Every {s lst 1

tn market is being groom (3 mnothgr big movement later,

"l, fight on the movements of

Chesapeake Ohio . C. F. C. Y. daily 7.15 0O 7.30 P. M.

Wednesday and can ha C ntngwhdjlpfl been responsible for the ~ finrcup in the final hour of

Auburn lifritforo ...

'Stroct fully expects some de-ICOHI Pro

inflation, in some manner on

“l would not be at all

f it were to make its appear- . the rcry near future,

ynuld ho logical for the share little

County news of Inca! interest bntss- vcrtlslng of s uewsy nature may be inserted st I eents s word strictly hnysble in advance.

Elm: Auto Lita Co g Elcc Pow Light _ more to the advance in todaywigfhflliurt Texas . .

ion.

during once more to the nrer-

, we industrial: might be expect-

(i; roach th 100 level before top- General Motors . all‘. They closed close to the Goodyear ltubber

la-el for the Industrial! on Wed- (nah:

races close on Saturday, August

i: gtufldY advance of approxi- I, gym points cinco Monday has ' thc oxpr-ncc of the atrcngllt. look with favor on tho . lrc-s and the rails. The rail Illflw auorhcr week and the July

Rev. A. K. l-fennan will be the

Special soloist. ~

15g as were those of June."-— Liggetls Myers]; ',','_ 1 50 Bl. __ The asphalt material for the city street work has arrived and ii; is ex- peoted that work will be started in

the course of a. few days.

IORNING MARKET LETTER

. York Aug L-Despatches from llingteu suggesting some new in-

“at the luarket out of Its leth-

y’ YI/lontreal Stock Market

hers oi’ the B, I. S. requested to

i‘ M“ “dd “"1" “ “"" meet tonight. at 8 o'clock to make

late Bro. George Bradley, Satur- ~, day morning. 8.30. 158 mm H" m)‘ U. B. Steel eased about a point. THAT DANGEROUS PEST —THE HOUSE FLY juice. Ccol, strain and freeze. At this time of year that danger- ous pest, the house-fly, increases in condo. General Electric, General nllmbefs- YOH 511011111 161W that this Motors and Consolidated Gas slid ° Anon Lohnes, Domhester, Mus" back fractions to a point or there- albouts. Case was down nearly 3 Ladies Aid per Mrs. Profitt. 155 “M Amemm ‘ ‘ ' 81mm 3- ”" W“ 1°“- ___ American Can, Western Union and FADOONWOOD EAST WING __ Du Pont were also a. little heavierfli-s 1°85. 1i‘- MS disgusting habits of than the average leader. Repeal 118511111! WW1 the 100d 1i 11B! 811111111’ shares tried s late rally. but quick- sobered, danger to exposed foodstuffs. There are many methods of deal- Deflation of speculative credit 111s out death and destruction to these insects, and it does not matter deral mserve brokers loans for what method you use provided you clear them out.

grusral market advanced lllhe gold and other metal stocks

lnz.

‘hnthrr tho administration lwlusirlnl silualinu requires im- iaie slcps of Illi inflationary cllar~ l-_ or u-lwillcl- u suiail start is to ade to forestall more drastic act-

V‘ . AGE gratefully acknowledge receipt of $20.00 from Hudson Gordon, Al- berton, $10.00 from the family of the late Nell McOa-rmell per Mrs.

Soc-oily Vacuuin I .

1» two days the greater been on advancing prices. | revival of inflation talk fur- ltrenrth should he seen. not far from the highs made on

Stand Gas Elec .....

and $8.00 from Spring Valley

1 | tof the atl-cnntn of the market 2/‘ 11"’“‘°’ Hm“ -

it distant. ln the Dow Jones lu- riais and Rails averages wokre about 97 to

Tlnlken Roller Dear

l Lrlidlaw Company.

United Alrcruft‘ .

The brick wonk on the east wfng o! Falconwood Hospital is practically completed, and the cement floors in 15' the basement are almost finished. The work of erecting the steel will be begun on August 15. At the present time work is being‘ done in F‘? the steel at the plant in Amherst.

ell York Aug 8—Chevmlet motor z nlnst 82,281 units

EXCHANGE

( MONTREAL Aug foreign exchange ill relation 5% Canadian dole! as complied by the Royal Bank" of Canada closed today

|f nln|h_ - luola (‘antral svstem loadings up July were 112.400 cars against

ii________ t MONTREAL OURB MARKET

(Special to Johnston and Word)

lllalunc 30 enllned 16 cents e on common fllriiinst forty 116MB

86 Australia pound S, . Austria schilllng .1768. Belgium b ga . . lirnzil mllrein .20‘ _ Bulgaria lev .0159. China Hong Kong dollars Czechoslovakia cr wn Denmark krone . Finland finmark .0122.

Germany rcicbsmllrk .3474_ Great Britain pound 4.8187. Greece drachlua .0082.

t11l.'l\10h Oil (3.0 June quarter_ loss #0950337 against net

10K! $l1\:l_120 in Juno 1032 quarter. corirs investors SIflca commod- lnllt-x on Aug 2nd, stood at 130.1 ma with 134,8 on Aug 1st lldon prices Nickel 181/1 to

VACATIONING IN CITY-Prof. W. E. Fletcher and Mrs. Fletcher have arrived from Sydney to spend

trolt is said to be buying U11!!!‘ ad General Motors

some brokerage circles that oac of primary causes t silarp break in leading atocks_

.0215. New Zealand pound 8,8443,

1V. Y. CURB

over-extended position ll dozen very large traders with ulidcd accounts, whose selling in

Roumania leu .010

n. dcmorallsed the market margins s matter of conjecture.

Sweden krsha .2486

Unitcd States dol

Exchange rates at the close today W(‘l'l'.'—— ~

Pound sterling in Montreal 4.81%. U S dollar in Montreal 1 00%, French franc in Montreal 5.70._ Pound sterling in New York 4.58. Canadian dollar in New York 84. French franc in New York 5.30.

B . Amer Sup Power ... .. ... .

Pend Ore .. w.- ...

‘Z116. irligo a long way to prevent this ar 0% per sent on llg.

El Bond and snsra"".l“,,l

ill-ends are still among favorite

rs for the long pull and there Iut

the lending railroad shares- N Iii-The extraordinary

iisiure was asked bv Gov. tn adopt s progrlnm to aid t a

W-hite [hike

Low Fare Excur- sion To Toronto

or reduced gas and v a special message the 5'0"

ancs,

U S dollar in Paris 18.48 francs, NEW YORK, Aug 3—(A.P.)—For- eign exchange firm, Great hi h 4.58: low 4.52: close 4.68: day bills 4.52 13-16: Fruuc 5.80; lt-

lnorlzing the public ‘ service .-a part of tbc cost of specie

‘ltiimllriating $300,000 on s ra- Wheat: Oct MK; Dee 37%;

I? fund to permt the commis- 92% to 1/4 ngags tern onry elupl i-I its d ve for re

MONUIUN, N. 3.. Aug. 8—Meny inquiries srs being received in eon- neotion with the whnised excur- 511m being operated over the Cen- adlsn National Railways from the Maritime Provinces under the aus- pices of the Moncton Hawks I-loc- key club holders of the senior Am- steur Hockey championship o! Osnads and the Allan Oup emble- matic of that title for the season

“Oats: Oct 485‘; Dec snags; n‘: = Oct at n- n ; “hi.” , so MK

‘ .

Dr. D. D. scennsil of Boston. sr- rived Wednesdsy night lu George- town to spend several weeks, his to t family having arrived last week. you

PRO_D_UCE

(C l) MONTREAL, Aug 3—Prices

dairy and produce market today sl- thought there was some suggest‘ of improvement in the butter market. No 1 butter in carlots or less wss 20 to 20% cents s pound. up it of s cent from yesterday, but the lower price more veiled. Higher receipts caused fractional firmness only $3 boxes being offered.

The choose markot continued dull with Ontario whites bringing .101‘ cants a pound and colored 10% to Quehecs. held It half than Ontnrios. A total of 2,145 boxes of cheese was

rel temporary rets renuctlonm Requiring Gas and Electric Cor-

Wheat: No 1 hard 84%: No i non No 4 nor 701/5; No 5 711M110 d

. lat, 1033 sccurued interest r deposits and to make such pay- tercry two years.

55 Oats; 2 C W I15‘ tra 1 feed 89%: 1 feed 38!‘: 2 feed 36%; Rejected 38%: Track 41%. rl ,: 6 row extra 8 C g) 66%; 2 row ex 8 C W (mslt-' ; Othel- grades no W 4 C W 4 V4’

“somuoocwls

MTZLCURB

. ,\s ,-s -rs sue n.

-___._.___i._ "TRIAL ITOOK IXOIANGI

Karol-u to Johnston and l 0pc

August 23rd next s very low fare has been named for the excursion and special low round trip sleeping car fares have been put into effect. This excursion offers people in the Maritime Provinces I. wonder- ful emorhurlhy to visit ‘reroute and also see Niagara Falls and take in the Olucsgo Worlds Fair there be- ing low return. fares in effect from

Toronto to Ohioago of which pas- “ sensors on this excursion can take w advantage. Return from ‘mronto may be nude via. Ottsms thus giv- ing s chance to visit the capital of

Mrs. J. W. Muomtosh, Halifax, is visiting her parents, Dr. and Mrs. R. D. Maclluughlin st Fhlconwood Hospital.

No change ws sreported in egg market. Graded earlots or less held cents s dozen for extras, 15 cents for firsts and 121,5 cents for seconds. Ar- rivals amnuntcd to 1.812 ca Prices on ‘the potato market hold n r

Miss Dot. Wright, Charlottetown. is spending he: vacation in 8t. John, N.B.. with her friend, Miss Mona Allwood, of that city.

pound bag, new New Brawwicks p‘ ggewm-g MMMmm md “m.

iiy, of Boston. arrived on the Island Wednesday evening to spend part of the summer st the Doctor's old home in Pinette.

laud green mguntains 81,25 to I

Miscellaneous

Aug 3—-(LP.)—Raw sngar was quiet today and el no sales wr-ra reported prices were unchanged n 3,45 for spots although the under-

he market closed 1 to I2 higher. Hales 211.750 tons. Sept 1.38 Dec 1.46.‘ Ian 1.41 Mch 1.578; July 1.028.

Tho refilled market was unchanged. rains were unchanged with refiners

Smith: We celebrate our cook's

Inquiries in oonnecfiion with the excursion may 'be made to any Canadian National naiiwsys ticket agent or to D. It. Keeling, Secret- sry Hawks Club, atbncton.

Jones: Impossible; you are not nearly old enough for her to have been with you for fifty years.

Smith: You misunderstand me; she is the fiftieth cook my wife and

I have had since we were married. I. “u”. u. m“... tun“

‘ YORK s-rock rlxcnawos 2m" to Johnston 3nd Ward)

____-__...

...don't"trii|e with I

iCOLDS!

Breslc them up over-night

Gloss

.1 "r "has." uuwamr-“d "i ‘ ' wed! t No sfififufi. I

I

nstl stiou. ' Prescribed by i. l1-

rlfire sud blue be}. All lrurlllts- an

,,__ thcr conoemlilz inflation rumors This column is reserved for Queer‘ and 136151118 3111' 1n0€11t1V95 f0?‘ much the some as in earlier ses- KATHLEEN SHACKLEIDN , . _ STUDYING amn SANCTUARY The °p°“‘“g ""-'"‘“*“ “’°"° W"

lStoclu were quiet sand irregular most of today, easing slightly to- Tune in on A800 Fromm on ward the close and finishing with a net loss of a. point for the av- erages. Transactions dropped to

GEIITRAI. GUARDIAN 1mm” "‘"’°"

STUBKS IIIIIET AND IRREGULAR

(By John L. Cooley) (' ' ‘ ’ Press Financial Writer) NEW YURAK, Aug. 3—(A.P.)—

The market heard nothing fur- |

sions this week.

Wall street thought the revised

HORSEMEN w,“ PM” m marginal trading regulations shoulcli

“srncrar. MEETING-All mem-

nw PROTESTANT (“WEAK American telephone, North Amer- ican, Kennecott, Montgomery ward,

Harvester, New York central, Arie.-

the

Déclllel ... 811 I13 men“ m mom. 1 Unchanged ,, Total Issues . 669 688 Guardian, PHQONALs -i___.____ -- mrrr rr vounssur WANTED — l

who

m. Waiter MaoNutt left yesterday __" morning on retwn to Barrie, Ont, after spending s. month's vacation with his parents, Major T. E. and Mrs. MacNutt, Brighton.

935V

11-

lines

markets and has frowned tactics.

contracts by the Government dir- 801/9171 111 ship building. Bcthlehemnes arrangements for funeral of thc N” York shipbuilding and deem‘: boat. moved upward but failed to

continued during the past week.

thfs district were down $18,000,000 in the week ended August z on tolp Remember they carry infection c. r. a. REPRESENTATIVE or the $73,000,000 drop in the pre- and there is 1101c doubt that coi- gy; HERE-Yesterday m. 11-. a. Dewar, vlcus week. ' 12 |Saint John, Travelling Passenger §§2| Agent of the c. P, n, 1m on return home, after e. short visit. Accom- panied by Col. Davison, Mr. Dewar low visited several of the business men. He reports that in Saint John and elsewhere there ls a growing optim- ism regardlng trade outlook, which is reflected in railway circles and business.

The Neutral

$10,000,000 to its Governanent se- curity portfolio, or the recently weekly. average amount. Total gold reserves o! the i2 central Banks ">59 $111,000,000, while members’ X borrowings were up $2,000,020 in g

settlements. »

The condition statement of week- ly reporting member banks in New their vacation in the city. They york cm, showed “me change’ made the trip hy the S. S. "Enter- me prise" as guests of Mr. W. N. Mc- Donald, Mauagcr of the Company, 1n and greatly enjoyed the magniiic- m; ent sail through the Bras D’Or 000, bakes, st. Peter's canal and Lennox Passage to Montague. Professor $4,000,000, 1101011135 o; U_ g, Govern- Matcher will preside at the organ ,1,‘ of Trinity United Church during the next three Sundays in August. While in the city Professor and Mrs. Fletcher are the guests of Mr. and Mira. R. B. Mulch.

atlons being a rise of only $1,000,000

The investments aggregate was off

merit securities being 87.000000 larger while "other" securities fell $11,000,000.

Why not knit yourself s. sweater

While mating records in ex- ports to the United Kingdom, Ca- nada. is ambitious in lesser imown

United Kingdom, Canada wntrl- hating just two evidently o gesture of goodwill. and‘ South Africa. 29,900 hundredweight.

Awards of naval constructon

SPECULATIVE ‘CREDIT

ed in recent weeks, adding only

week covering month-end

net result of the week's oper- gypgh.“ pgf yo", m"; m. sertlons for the price of two, strictly total loans and investments. push], 1n gang“,

rls on securities sagged $12,000,- bub "others" rose $17,000,000.

WHAT STOCKS DID

ake along on your vacation? If know how to knit-and people know how usually like to do it

m“ ‘i ‘u m“ 1” ""1" l. LOT-FOX, FINDER PLEASE ‘ e. Directions are inform Amos Gallant, Oyster Bed to follow and you can get yourl Bridsr- irlstructions without charge in the; store where you buy Make l dress with matching jacket or, if you prefer, a three-piece suit, Pastel colors are lovely and gay, brilliant shades are striking for golfing or motoring.

. Canada and the Irish Freel

State were the only Empire ex- ' T0 LET - HOUSE 0N porters of cherries to the United. Kingdom last year, ‘ in; a modest 61 hundredweight between them. Again, Canada and South Africa. were the only two Ihnpire Mr. and Mrs. Richard Peardbn ooun and their son Ralph left yesterday mornin for their homo in Boston. Muss. after spending s month's visit with relatives sud friends ln Charlottetown and Montague.

tries exporting peaches to the

Kathleen Shackleton, . member entries for Exhibition bring quieter tradmg and mm“ °r‘ 1s“ Ernest shacklewm the m“ An‘ derly markets and would tend toward“? explorer. is conducting in- 5th. J. w. Boultcr, scoy. 12a dmmm“ “Pemmtive amid“ by v°st1g““°“‘ °' h" W“ ‘"11"’ Gfl-‘Pe the mane;- gry_ The m1“ Wm per. Peninsular district of Quebec this mit the exchange to watch pool op- ‘unwiel- Umke 1161' famous brother MARSHFTEIID- i h ' Bapmh 0mm fictions more closely as weekly re- however. Miss Shackleton is explor- speaker Aug 6th, 8.30 o'clock., b11118 011 111956 ventures will be re- m? Wm‘ 119119 60111911191115 other than quired. A large section of Conserv- ative opinion in the financial com- lty has hoped for smoother “C191 G0vcrnment and. incidentally sruaur MATERIAL ARRIVES- m“ . . on mo; ‘devoting considerable tme to study ' ’of the Dominion bird sanctuary at Pcrce Rock and Bonaventure Island. NAVAL CONTRACTS in the Gulf of St. Lawrence.

More than 20,000 rare wild birds. including stormy petrels and mur- reiatives of the extinct flight- great nuke. inhabit

sister of

paints and pencils for she is doing a series of sketches for the Provin-

T68,

fly feeds on every kind of putrefy- lug organic nutter and then, if si- lowed to do so, proceeds to walk

In addition to carrying germs on

taken in that make it s. very reel

01v? Q U0 TA TTQNS Lively Upturns In l.’ E A s

Wheat Prices In Chicago

SESSIIIN IN

____ , 015M610. A118. 3—(A.P.)—Livc- H y;

1y upturns in wheat prices lat; to.

day contrasted with s sagging

trend much of the time earlier. '

Pmlrwlt bovine credited

mining interest” appeared to s: WQTTET, AME. 8 — (O. P.) — chiefly “spawn”, together with Wheat futures wobbled around un bung}, crop “pens both from me certainly in n. featureless session o1 Qanadgm and Almflcu northwest the Winnipeg Exchange today bu! Ogle authomy "m 31 pemm of due to lightness of pit offerings Canada.‘ when image’ had m" finally settled 3-4 to 1-4 above an destroyed. Threshing mtumg {mm prevkms °1°s°' . - United slates spring when, ten“ Final prices were slightly under tog-y painted to m uneven crop 111% 111811 Points for the day hut wel that would mm about “lemma as above the minimum figures hail lime as lest year. -——_-_____

way through the erratic session October future finished at, 95 ‘I-i Dec. at 87 7-8 and May at 92 1-!

active and prices showed a fair ad» vanes only to Blip of! when an Chicago market failed to respont to bullishness here.

From that time on the marke- backed and filled over a narron range in featureless trading. Oom- miss'on house operations comprises the hulk of’ trading.

EXDOrt business was disappoint- llhs- Liverpool closed slightly low-

0

l‘.

Cash grain was dormant while course grains ldied with wheat fut- HIPS.

SHWPLE ICES FOR WARM SUM MER DAYS

Raspberry Ice: Boil a cup anc | three quarters of sugar in four cup: 50f water, add two cups raspberry

juice and two tablespoons lemon

I I Orange Ice: Boil two cups of s-u-

gar in four of water for five min- utes, add two cups of orange Juice a. quarter oup lemon juice and grated rind of two oranges. Cool strain, and freeze.