FEBRUARY 7, 19$

15515721314 Y’S STOCK and 301w)

MARKEL GOSSIP '

N. Y. Stock Exchange

(Quotation rnildied by Johnston and Ward member: of the Mont

Stock Exchange, Montrea Curb Market. 156 Richmond Street Char‘ ttetown).

Al: Red Allied Chem Allis Chaim A Ref r Can ... Car ii‘ound . For 110w . Pow Light .

m liad .. Smelt llfg . Tel Tel ..

Iirlggs .. Iiyera A .\I . . .. liurr Add Mach (‘on (Hi . . . (‘an llry Gin Ali: (‘an Pac . . .. (‘use ‘Dilrcaii (Yel (Jnrp .. ..

Uhryplet . (‘nluiiih Cari» . Col Fuel lrou (fulual lino . (foul Sol . . (Eon (iau

East Kodak Elcc An-iu Litc l~ilec Pow l-irle First Nutl Stores lfrooport Tex lien Asphalt

Good Rubbc Goodyclr llub ..

Graham Paige Grout West Sugar Houston Oil .

(C. P. By Guardian's Special Wire)

MONTREAL, Feb. .0.—After a burst of activity shortly alter the opening that promised to reach in- to proportions sufficient to lift the market out of the doidrums where it has been lingering for several days_ the Montreal Stock Ex- change fell back into its former lethargic trend today and prices drifted lower.

Losses were general throughout the list with the index of 10 util- ities and 20 industrials dropping .5 to 60.2. Volume picked up slightly from the past few days but the total turnover was still consider- ably below normal.

Scattered buying of a few select- ed issues again marked the session and a number of new highs were chalked up by specialties. In gen- eral, however-the market mood here was dictated by Wall Street. which was still burdened by the uncertainties of the gold claiise cases. Reasonably optimistic econ- omic news failed to stir traders and they appeared unwilling to make current commitments.

Dominion Glass Preferred put in its initial appearance of the month to‘ jump 3 points to a new top of 11B while Dominion Textile Preferred rose 8 points to a record high of 145. Canadian Celanese Preferred was another issue to touch a new top, gaining a point

one or two more showed minor

fractional gains, Total sales were:

shares; bonds $16,605.

stocks 8,526

Cu rren ciss

(Canadian Prom-i) Nlill’ YORK. Fob. ll-Tim Canadian dollar closed slightly lowcr_ nicrling and (he French franc n liiilo liighcr

lion Copper . Lambert (to . Lig Myers 11' Llq Curb . . Locws incorp .. Looao Wiles ills McKee-sport. Tin Muck 'i‘i-uek iiilsii lfnn . .. Mia: Pnc ... . .. Mont Ward lilo-i . . Null Ills . . Noll Dairy Prod Nail Pow Light Ncw liaron . . New York (‘on North Aui North Poe Pack iiiot Penn ltaii I'M) Scr N J I')ili I'M. . Piliiiiiau (‘o Ilnliiii (‘orp .. Radio Kvilil (lrpil .. Ilci Iron Slcci . Sn away Siori-s Scars IIOPlHIPii Him (To . - Focouy \'iic Huuih Pnc . Huiitli I'm‘ . . South Illiil . . . . .. . Niuiid liraiidvi .. Hlnild (inn l-Ilve . Niaiid ()'il (‘ill .- Sltiiiil Oil N J Blcuart Wnrucr Niudciiakcr Thnnnoid Tex Co Tex Gulf Sui Tim Ilnii IIPIII‘ iinioi (‘nrh ‘arb linlon Pile Pniiml (‘orp llnitnl Gui ll S luil Al U S Ifuhiier . ll S Rmcit ll S Steel Vnn Steel \Varncr Ilros (‘o Warren Ilrns

i1“ i

l. " 1.1-1 I M.

West Union 3. - , West lilicc TN lVoolivoi-ib Co 53%| Yellow Truck 35's

New Yo rk Curb

(Jahiuton and gym-n)

‘Qggk. pened Lint Amer Cyan i‘! .. 10% 10

Amer Gun illec .. . .. 10M. 10% Amer Sup Pow 1 l

Atlas Corp . . .. 5% 8% (‘lltiol Scrv (Io .. 11,’; 11/; liiiec Bond Share 0% 5% Ford of Cali A 39% '-"~i"‘i

(iulf Oi lH-nii

Iluui Oil Ref 4741 45% Inter Pct 2'.) 2i)

Nlng Iliiii 1W1 31.5 Bland Oil ind . i!‘ ‘M’. Biiihll Oil I\".*n ... llilfi 19K Uri Light Pow A . "L; Ta

OLDEST TIMHIECE

iii tho foreign exchange niiirkcis to- day

Sicrliug ii\()\'l“il iviihln n fractional iango and cloned :i\ $1 aw. for n not gain of 1,0 it hnli ilevrlnpcd modcr- ale siiri-nglh at (he ripening, going up

i isnv, l r I l t - l ll.) “that UH‘. BQQLWTILRP‘ mm"! e lots or lose of no l. Sohda sold for Tile (‘aimiilnii dollar also Wlil! ~'~“/1 1° 9" Pm"- flml minis at 201A to

strong in l-ilrly dealings, touching "1r Likl- slvrliug, how ‘or. it lurneil lower and cloned at 3 3. percent dis- count against l-iil yesterday The franc. closing at (i 501/, cents, showed a gain of 00% of n cent

MONTREAL. Fvh

pound

moved ilnrrowl_v Ili[.'ll“l' on foreign (lxcliangi-n lridny ivbiic French franc rviuafiicil unchanged The pound mac ‘it of n ccnf to $4 iii) wbilo the dollar cent higher at

The franc cnntlui d at (i 57 cents

UPTON WOMEN'S INSTITUTE

an attendance of

in unison followed by roll

(ionnaircs. Child Well-ire answered. home of i“irs. Cjrl Christensen, r01 for our ‘nstitute lifccfln" cvwcri‘ i") fiv- iwiial Lunch was served by the Hostess.

MAYFIELD W M. SOCIETY

Jsnuary 4th. With six member

Reading, Philippians

verse. Follow:d bv Prayers by rneWbers. Hymn 157 wa (he-i sung. Rvcrt oi (he SH: com irn"tce "as t"cn gvlvcn: tlii: wa

REGINA, Fieb. 6-_Another ancient-

tirmpiece has entered the lists for the honor of Canada's oid:st clack. 1t is owned by a resident here whose name is withheld. The old grandfather's clock is 250 years old, just 15 mars "younger" than one in the possession of Christopher Bordon, o! Moose Jaw, but 67

years older than the Halifax Dzck-i

yard clock.

song by four little boys. New George Smith and Mrs.

‘Smith and Mrs. Blair Amkew.

i ‘Mrs. Frank Houston invited th next meeting to her home.

i Closing Hymn 4.09. Followed b ‘Mizaph Benediction.

m?‘ Use Minn-ii’: for Sprain:

BRINGING ur FATHER

mists ARE GENERAL 0N MT’i. iiiuu

to sell at 107. Dominion Steel and

sterling and (he l'uitcil States dollnr .\loiifl'i‘iil the

The Upton W.l. met at the home of the president, Mrs. Geo. Betlon on the evening of JBlillaT-y 11th with five members. Meeting opened by repeating creed call

and Better Schools were discussed and

~~~~~~ in be held at the

call ‘o be an" “red h“ obiectives for this year. ~way.

Mrs William (..., welcomed the members of Mayileld W.M S. on

present. Meeting opened by singing Hymn 651; foliowcd by Scripture Ii. '7 to 15th

Sentences

folioxicd by p"ylng annual dues. A rcadhig much enjoyed by all was given by Mrs. Wnrfield Orr, and a

committees Program-Mrs. Frank Houston. Refreshment-Jtilrs. George

(B Jhfll ll ' I 0 lollmnrhrd: Ipoelnl

niarlu-i. was soft again an d}, "n". day with pienswc nn the itail: The weakness in the Rails srein: to bs based on the belief ibat the recovery in traffic III coming ~ ohms w“, p; limited and that the Adininiltratim in becoming less inclined to give fin- ancial aid iu the wreak roads Although tho tendency toward low- cr prices was quite general, volume did not increase much, it might he noted also that two active stockl, Lbrysier and Montgomery Ward, that have been acting particularly poorly for some time close up w the day. The absence of loiue new develop- ment, prices presumably will fluc- tunie nrouud recent levels until Mon- day at least.

Lnidlniv and Company.

SUMMARY

NE\V YORK. N. Y-v Feb. 5—Goid

Barn lllllllPd 141s 101,511 against 142a 115d Tuesday. “iron Ago" says Steel operations

during week udrn cud to 501/; percent. Canadian Petroleum institute re- ports gasoline stocks during week ended F-h ‘Jud lilcrcascd 1,078,000 har- rcis to ~lil.5i.i(i,00i) barrels ' American Rolling .\1ills Company declares dividend of $2 on six percent cum pfd, last previous payment was Si 50 on Juli 1."), 1113i

Gillette Safety iiaaor Co and subs report for your 1011i allows net in- coin‘: equal to about $1 3': u common iiiiaro against $1 (i5 a common allure in previous year

iliarikl .lliiii.\.ii(i Gold iilining Janu- ary profit $130,000 after operations, expenses and development charges,

market today with Quehce whites and New Brunswick mountains both ad- vancing five cents per hag Quciiwn sold at 55 to (l0 ccnru per 80 pound hag, New ilrunsivlcks at (K) to (l5 cents Prince Edward Islands at (l0 in (RS ccnis and 00 pound bags of Prince Edward islands at 0i’: to 70 cents

The butter market was again quoted at 211,5 to 2401 cents a pound for car-

'.'T conic licccipts \\'(-l'(: 5N hoxea Graded shipments in car-lots or less of eggs were sold at 20 cents a dozen for A lrirge_ 221 cents for A nicdiunl, 22 routs for A puliets. 17% to l8 cents for B and 101,1, to l7 cents for C Re- ccinis wcre 1.401 cases

No. 1 Ontario choose was again 11 cents a pound for fall make and 11% to 12 Quin for summer's Arrivals totalled ‘J2 boxes.

WorligséSupport Ban on (iabarets

(‘HE CHARLOTTETOWN

Hill: 1A1 LII!- Off

100.40 10o 14 s2 iuonmlvo innxnr LITTER 2g lxlllllll 3M3 a2 an sari 00 T°R°NT° “Iv max N ‘ 2o . 11 o1 1o s1 gas g3 111"") is“ - . . , a b. o- . us . 0 The 40 Bond: n“ "n". “mud “h, l“

clau:o inane through the

BAKING SAYS period. h“,

NEW YORK, N. Y" Feb, 6-The In- dustrial :vcrage| dipped to 100 40 ag- aln:t a low of 100 24 a weak ago and U054 three week: ago A: :t:ted ye:- teidny, 1 do not think hey will go ° much, if Any, below 00 76 d Barring an unfavorable gold decision which I doubt, these average: a: :1- ready stated a week o; two ago, should go near 118

Phillip Morris ot down to 30 and closed here 0w ng to the fact that

losses The ovrn lids

was smaller $07,000 share

named 1n addition, I also like Johns Man-

SAINT JOI-iIN, us, Ebb. o-(c., PJ-Premier L. P. D. 'I‘illey an- nounced tonight that ar angrmnitsj had been completed fcr tl-e s-year- ing in c! Hon. Du‘. Murray Maclaren, whose appointment as iLuten nt- governor of New Brunswick is ex- pected to be made formally later this week. The ceremony will b2 held in the assembly chamber oi‘ the legislative building at Roderic- ton 0n Friday aftcmcon at 3.30" o'clock.

Chief Justice J. B. M. Baxter will administer the oath. Immediately afterwards members of the provin-

(Bv Th“. Canadian Press) SIViNGI-IAI. Feb. 6-—Emp‘."yes 0f the Nankinc-Shanghai and Shana- hai-Hangchow-Ningoo r a i 1 w c. ys have addressed a lrngthy memT- andum to the ctiv govemment and

rrrnts it will be next to impossible to enforce the ban.

The memorandum di-clars manv oi’ the "dance supplements" are of- l fcnsive to "good task" and voices the susnicicn many c~b"r‘s are me ely a rrse to "ccvc: dirty busi:

ncss.’ Dn"c‘“iz ‘s "c" ‘ a objected io provided it is rarr! d on "as a dimifie" amusemvfl." ut

"attcndant c"ls" n1 r‘e'in"". "c. declared to be inducinw youth ‘o “Pilc-w ‘he path of moral degen- eration.’

5 BLOOALXG PQLNT LC! O\._ u

Honor roll of Blooming Point School for month of January:

Grade IX—-1, Victor Maciiiliivrsly; 5 2. R‘t'1 Smth and Joseph MacDon- _ aid (equal).

s Grid: VI-—1, Anna MacDonald; 2, Raymond lilssDcnrid; 3, Alex- ander MacDonald.

Grade 1'V—1, Mary E. MacDonald and George L-accy (equal); 2, Reg- inald MacDonald; 3, John A. Mac- Donald.

Grade III (SrJ-i, Edith Smith.

Grade III (Jim) - 1, Genevieve e MacDonald; 2, John M. George.

Grade I (SrJ-l, Hazel McAskill. Grade I-l, Raymond Lacey; 2, y Margaret MacDonald.

Grads I (JrJ-l, Bernice Mac- Donald.

Mory MacGililvray-Tbacher.

cial governmert will be r-esworn, a _- customary procedure when a ileu- tenant-gove nor takes office. Prrmier Tiliey and i-Ion. W. H. Harrison, KC, attorney-general. will leave for Fredericton tomu-mw to atend a. government meeting to-

sylvanlte

James Douse; 3. George Vessey; 4.

the late afternoon to re

eluding the curb cloned lower :nd 24 higher

The afternoon brought a trade in the high-price K011111891‘ advanced

Tcck Iiulflieu

GUARDIAN

MINING

(Canadian Prou) 6-'.i.‘bo inininl

appearance of courage today in thy hce of the pro-

, Feb.

lottllng the Price: dropped a

morning and mid-do! up noticeably in duce tho early ws: nearly even on the day at the clone and miss- eiianeou: share: were still on Over the board

perked gold group ooction

than on Tuesday, a changing b:nds

golds, 10 cents to

f a ltr - 1132311531: Tile IC-ulrbdalytocgf lurhvvhiicth Bnilln“ Md ' n“ “In o‘ 15 “mm trading ceases after today it will "d 91mm“ 5 Ln” 5M“ “d be stricken from the curb list to- WHY“ H" I'M". clued “Mmmxed night I consider Phillip Mor-ris an "114 Tack “n” “VH2 M‘ 3:71!" u‘ excellent purchase anywhere undel- “W? "m" "i" n” Pr,” ° , i,‘ l” 40 and feel it will double in price dur- 11°"! L" 1° ""111 Q11," 11,1111" 1,}, 5 ° h,“ m, n“; few mouth, 4 were posted for y van te, o urn American and Foreign Power 7 per 11nd Clflbm’ cent preferred still bold: above 17 and cmwltp"") purchases around that figure will TOR-ONT - Feb c‘ prove very profitable soon Stocks 0" General Electric also acts well and n purchase at 23 to ponlbla fraction A"! P" 1 lovvor are strongly advised 1 still l"! 3 expect to sec it around 35 this Alli)!!!" Spflng uglo H i” Radio B pfd sold below 40 aild Al?" - 00"‘ should be bought near today's ioiv 131111191! 3'0“, it will go to (lb llagumae 5 u. s. Steel got down to can. inn Bu"! H m my old and repeated prediction lhnt Bu" Mat - n,» it ought to g5 to 34% and sihould B!" ~ 3b ~ coruc iruo soon. If e0, buy some “@1110 ~ l.‘ the“ 1, k 1 ii lliriliorne r" The a ave stoe s a my op n on ilre 7 (be pick of the market in the order gxglkAfilfil 274%

and lu- stocks Volume

better

old

the

only

and $1.8

hut I)‘I'f(\l'(1 depreciation, depletion and ville, Ceiuuese, Case Threshing, int'i fedcrligdiuxr-s against $202,200 in Janu- Harvester, Atchifiolg, \Xr:stingl1i\;iuse, l-lgga in cartons A i large 30 111'!’ ' Allis Chalmers, u urn uio, oiit- Eggs A i medium 713 National Tea Company first period goiuery Ward, Sear: Roebuck, i)ii- Eggs A i pullois 32. of currl-ileflsenl your ended Jan ‘.10, Pont, Chrysler, Texas Gulf Sulphur _ Iilggs A large 30 11035, silica $4,387,870 against $1,341,288 All of ivhlch might duplicate their rc- Qleficl’ EH5 A "lmlinm 21, in like 103i period cent lows licforo ltartin up “’i"““"\° m" Egg-s A puilcts 20. Iiouiontenk Mining Co declared us- Also I look for fa 1 niovca in ‘tmlmguii "U7 Eggs ii large ‘:3 ual extra dividend cf $2 and regular Loews. Radio Corn, J‘. B Penney, the l-Mflaflfm " "l, Eggs i1 medium ‘J2 monthly dlriileiid of $1 iraclions and also Columbia Carbon. 11'1"“ 1")“ ' _‘_' " Eggs C 21 U. S EiPCtflB output up ‘I 7-10 per I lbluk there is fair chance that (be lfillhhild” ' an Potatoes Quc 80's 35-04) cont in week Feb Ltiib against 10 (L10 decision may come out after the close I‘, B71115“ ‘ 2% N l) 80's (iO-(ifi percent iu previous week. next Saturday. E911 Km‘ ' _ I" E I 80's (‘li-ffi. Boring. 1,121,151,331" - m, r i-i I 00's i-s-ro. . Goldalo ,1‘! (Hlltl 1m J11 (ioldfieid “,1 (iraliani f, Granada . . . i; (iunnur UIIECkIIG . i ar er .. MONTlilgflwndlzfizlfre")0—I<‘urtl1c1' "°‘“““" . .""“'“'l““ ""°"“) broad advances in potalo prices ivere t, RIOPTFLCI" _M;b' “Tlirmsh “m! recorded on (he Montreal produce T115" ‘xdlmlbe n m “L o“ m m‘ (niladinn dollar, as compiled by the

Markets At A Glance

(Canadian Bren)

Closing exchange totem- At Mcntrenb-Pound 480; U. B. dollar 1 00 3-32; franc 0 51

At New York—Pound 438%: Canad- ian dollar 20 32; franc (i .

At Purim-Pound 1456 fr; Canad- ian dollar 1c 21 fr; U. S. dollar 15 24 franc: 1n gold-Pound 12s: Clnndhn dol- lar 50 20 cents; U. B dollar 59 (i7

cents (Cnnullnn Proll)

Toronto and Montreal-industrial stocks lower

Toronto Mines-irregularly lower New Turin-Stocks closed slightly lower

\Vlunlpeg—W.heat down 1A to

New York—Coii'ton, rubber, co ee and sugar lower. I y Miscellaneous

(Canadian Prrnu) MONTREAL, Fi-h (‘v- Whcat nor no L’ 84)

Oats C W no 3 47.

(luts fccdqw 1 45

Flour spring wlicnt patents firsts $5 3O

Flour seconds $4 00

Flour bakers $~l M.)

Flour \\'ilil\‘f ivhcilt patents choice $1 40 lo $4 D0

Flour whilc corn $5 80 to $41.00. Bran ion $27 '25 lo $28 2.1 Slim-is (on 3'18 2-‘) to $21) Z5 Mliidiings Lou 53'.’ ‘.55 i0 5112i '25 linlicd oats hag 00 ihs $3 ‘.15 ilay uo i: per tnli rarlois $1.’) 00 (‘her-so No 1 Ont fnll 11

Cheese surnmcr 111i’, to 12. liuiier no 1 241/, to 24-‘);

lloynl Bank of Canada closed today as folloiva:-

Argentina peso ‘L383

Australia pound 3 0194).

Austria scbiillug 1882.

llelgiuln iielga 2320.

Brazil iniirois 0075

China llong hung dollar: .4300. Iieilulark krone 2180.

Franco franc 0067.

Germany roichsinark 400i

(ii-cat Britain pound -i .\.'i0 Ilollnnd fiorin (i734

Iluiignry prugo 2004.

Indln rupee ' .

flnswfimd by B 9111111411511 1115141116111 oentr uo in "~ u"rte1's morrow evenin and Thu s"av. It ~ , .. ,.

91'9"‘ and 1141111 at I‘?lIIli§n1!md:IaI‘in8.gI1"l!‘lgB'dnChl“eS-S is expected thaI matters peririning lf-Iruifm 3°": thfhmnd M the free but 11°)"

Sihflol Wmmltfie 191101100 that newspapers in Shmvhai be forbid- to the forthcoming session of the "°'““""' ' " (Taway e poet meant n‘

school had been 610M611 and new den m publish advq-fls-mfifllis of legislature, which opens on Thurs- nemmoment. {gums have just

shades put up. Sick committee gave cabana. publicity m, Cuban“ m. day, Wm be wmldered at m? mach wrhrm. H _~ plowed the 130,00 mark. Critics of

no report spec,“ "dance supplements), m; 3,1,0, _ , H c governmqrét ‘assert the returns T‘ W“; moved and seconded that Th“ memorandum announces the i T111111 9111" frganotlonger e481“? except 95 an

$1.50 be paid for delving $011001» railway employees’ Kuomiutang is sra. NG PARK scnoor. 11.1."... s“ t?‘ ,,°,"‘° “Thar °‘ “"5"”

Also that i] new broom and dust flying unqualified support w the (311,, Kirk efzfgrkfireesitniu,"

"M1 b" b00151" 1°’ s" “-- if W“ re"(‘nt civic. rulin" p"hibltin<z stu- Honor M11101‘ Jwuvy: ""1 “"11 (IN-eff, ffigm “Qefiggfitgf:

moved and seconded "T t e old q - ... n - n.3,“, n-lnt: ' '

blinds from the schoo‘ be taken to ‘§f,'§"“,,‘,‘§,e“,,,',§‘,;,' ggorzegpgfgys desist Principu’; Department ffigixitrliingn 131151“ dsarillghltcifslmrfihsy, n y; l r ‘rd I - . ,- p _