Jum; 17.3930

QFiIA NPE-iRQLAN

high‘! ‘ g. w

""\"JF

FIVE ' m lments were considerably :3‘:-

' than production, comparing as 239.- 034 with 237.681. As compared with the total tor April. shipments in

in iareign currencies by equal monthly installments. Tho. German Govemmut has the right to suspend

. l 1! f t ' ‘e s ‘Mainwroupsome 18000 tons. As a “f; 11,311??? girls: gaff?’ t3£e| res ' wt“ stccks on haid a‘ the annuity classified as postponable.’ - - 1tm1ls-ot-65.948»tons at the end of ‘

‘Apm m" rujuoed to “A09 at the {Under certain conditions. the Ger-l

| M t M _ - Y ‘man Govsrsment also has the rightf ‘e o ay. or less than 4 1 2 daisitu pmpone for one year pamem of.

cﬂnnouncing

iaveraie Canadian production. 5.

I As p . percent or the postponable part

1 was the case in April. Canadian W, the annuity‘ _

produomon w“ more than d°“bl°" The annuities to be paid by Ger l

.th t-ol t 2 u 1 - ‘ '

m; mndgim 12;?“ $1115. and ii-iany under the Young Plan are cl,~._1 ' ey mntm‘ rived" from two sources; iai thc‘

the appointment of

1ue from _ . _ _

' “w on The U s mm w“ German Railway Company, 1b; the Budget oi the Reich. Income from-

MR. FRED A. BOURKE f. 1118.083 tons. with shipments how. l

,. ... r L

as our representative in I ieitem-en-ly 114,702 tons. _'I‘his ratiowhe Rama.’ Company, i: obmimj

CHARLOTTETOWN * ' _ “(Output to installed mpaclty “'35 by a direct tax contribution as setl

Graﬂgn sn-get I504 for U. S: mills as compared 011th forth 1 M , , . n tli following pronsions 7...2 {or Canadian mills, the 13:; .- i

Tele hone - Tue mi; ‘l’ c - i 11 r= p 99o ‘rfgleg’ bemgzslighuy up rr°m theiunder Dbllgat-laﬁ‘), toomlygjiytormtahirty: > ‘ "percen recorded for April i, , v . _ ' " i ' Din-in’; today's trading the mark- livzfcexfr? ihdlrteitntax tcilnpihlng' . '~ - SPOT ax can , ‘et reached the lowest level; or the: a: c r (7 0 H \ _ _ _ ‘annual amount of 660.000.00" renh- F‘ l’, ' 5 ' & l Ipielm deelme. Many prices are f“ J 5maYkﬁ- bélli; equal to the annual a-i " w} v

‘i 5e QuaJ/‘ri/ 111/111 " '

lower tih d l m urns the break m the; mount of the rion-postponablg an.

P11 “Togiylﬁe your: !l1lllt_\'. This tax shall b* imposed bi" o no - '

men who arepconsrildgi; e511”??? b: German legislltion and the receipts

economm ' > “*l1~itl1ereii'o1ii guaranteed by the Cer_ is of the Unlwd Sta“ man GOVEHIXYPH’ "flie re" f th i

that the u tur, 1 _ ' " ' o a

1 p 1 coud not be I” a annuity. 1. 6.. the difference between

Iumus. now-run. srocx arms-wen, Mom,“ w“ w“, HEAD OFFICE: MONTREAL

VANCOUVER TORONTO BRANTIORD orruu Quznsc suiw JOHN HALIFAX ‘IDNDO NEW voiuc CORRE sroxpnvrs I P ' N‘ m‘ " a RIVATE wnu: svsrm . m’), 7;,- q/p _.,’,,,, . I .

~‘u1':i~.|..\'/1’.'ln.-:cda

wan c t" , i m: sitgamnmgil; trimming the] the oii0,oo0.0o0 gold main». to be mid //// l’ ed during ever‘; iecovzrsncim! exist‘ by the German railway amt the The i’ i _ J n 1'_°~°1'd- total annuity. is to be contributed by. .___.______ _ _ one lTeti-m] Sustained depression is the German budge. we conmbupi ‘ o e one st ~ - . Famous Players ... ... .. IHOW Roan mfiuof-l: ekriffleutcekdli‘ w“ beau?“ the annuumes‘ “mm; Montreal Rights ... ..... .701'p1ue is ha.‘ to gay ﬁe cg; a c, the German Buudget. cliiiers vziryzni A icnir lunch ‘Vth ‘ t '5 _ G. f’ _ lNoranda "" us‘. of opinion. is that it should ~iia:tb:§:“““ the tam anlmmt 0f the a-111“1t3’~ McFiher (Sister and Jtiliinrfiltlxuiitlllilgitlr Iﬂlnﬁh. SQHPIY “mt d°n?nad and I l Power Corporation .0“ delayed ~; The Dart of the annuity not sub-_ many éclicious Suqwxfinnar up Owl" m‘n uxd"‘d“al hon“ "fsfwrklinﬂs i!’ - .- 1 _ _ i. . J _' ,- , - . i , _ ‘Pgjge Bfg§‘ _ _ _ _ H 53 illect to lioitponeriieiit. amounting tn pre_;a;ed for that picnit HT‘ m?“ .0 ‘H (rla p?“ "fmi 3m" Fnwﬂ‘ Y0dﬂ_\'—he ' 1 . _ - i i * . 'i _ z i: * -' . - ' ' Quebec Power "‘ 541 GBOOOODOO gold mama‘ may be mob‘ every dav-ﬁlflllroﬂriate and no iiiliruvjirlli] n” r-pshlng “Km the emnulg mud q STRONG market today Or a weak one .Shawiriigan . 65 REPARATIONQ LOAY ‘mzlized through the issue of bands 1n we“ "pater ( Oyvernnlpgt t;|g'[cr‘ ‘car a Rﬁwsﬁ” mt" Iiade ifmm armsian tomorrow will not seriously affect lSmelters m ‘ iiie name of the GQHTIQH Goverm‘ g " ‘ " W" -‘/' ‘ ““-‘*" “mnlwfilPe Ssrvimz- the holdings in dwell-diversiﬁed invest- 15m“ °i Canada ' ‘ ' ' ' ‘ ' " " 40M’ [mint represenung the shaman of} ment ESL 193e, of Canada PM 38h‘ As a result of meetings o! the prin- i the Reich guaranteed b; its genei»; sunons _ _ _ ‘ __ 3g Clplé poivers held last summer at;~"~11'e"‘~‘nu9-‘-T7" b°nd5 155mm by U161’ We can assist ygu in gelggfing securities “vinmpeg Elem-g; 4g the Hagir, the Young plan tor thelCitrn-iai Government afar the cap-F M'"‘“'"°"""'°' _ for income and appreciation over a eﬁod ’settlement o! the Reparations prob-litalization o! the unconditional part5? SUSSEX -..- l, - of years. p NEW YORK gas adoptzdiatiy transfei-i-ingiofathe antriutitiihriiatgi‘ be 1231.261 in sev- ‘jg-f’ ‘ ' ' _._ p’ 1 V ermazi in e a. ness from the 9*" mar-e“ A’ @359 0f bond? ' " ' ' " iThe investment facilities oEei-ed through American cai-i . 1221. [realm of politics to that of commcrceTl-‘sued l“ “W11 mums '11s Imus “S'°“”_‘°°" i I our fauna“. ‘aﬁces’ cxtensive exchange Aneghany ___ lgylthe problem has become greatly ElITi-gllhllm price o! l£$ll€5 is to bi- flXtCl! ﬁ R A I E ; memberships and experienced staE are at ‘mamnda ' ‘ ' ' ' ' ‘ " 48H 8mm. an‘! 159mm {rum many “it”; rim Ban: o; kternluonal Sea” 5 ! the disposal of investors large and small. Bendix “mm” ' ‘ ' ' " " ' 28.1.: “mung side Ewes‘ The emb‘ men Bu“ S “sued c“ me 0th ; ' l ' consolidated Gas _ _ _ _ H _ 109i2.l1shment agd completion of Lhghand for the pmpfiie of convex 3' SUSSEX GINGER ALE LIMIITED, SUSSEX, NGW BfllﬂSWiCk l cgmmercial salve“; H 20 Bank o: Intei-natiigng] 5', “laments part oi the internal ind-z-bt-idness ln- sussix "m: A ‘-"-_1:_rr¢~~w|v i a u. SPRINGS |_1M.._o - usszx BEVERAGE counts‘: 1

zgihas afforded the fatllltlﬁs WhlCh new German boa-ids mas" be offered b3’ glnecessari‘ for the cari-jring on; Orrin-respective gavei-nirii-nts on what- thcy may obtain.

Dominion Stores .. Electric Powisr ik Light .

JOHNSTON WWAIKD.

. n. nouns .m.. Siuun-r General Asphalt .. 495M310“! PTQDOEQIB embodied m the m" mndmill“ . “'9 ' """‘ “"" “m” "'9 - "'""'"'.' ' "1 . ~ 131x. Young Plan lsuch bonds shall ‘oe quoted cni" 1;: i . . _ ' 1 . <

Men/wen: MontveaLSlarl Err/mango Montreal Cum Gmdwa? Tue ‘ ' P t t, _ ime ‘ﬂaw OI 15% J mum “Tanner and “In wan ‘he ‘ Emir‘ “ﬁnals esmnaw ma“ m‘ s 5 i ;, ... International HYd-TO E195 38 Bymen of iie Germa. 1 debt to .» .ue. initial financing under tne_ Youig - ll‘! whatwrei l"- BYE-“BEP WEN-OI‘ t0 Ihﬂ’. "ﬁuntrf; spend:

Mu n. Tomnm Sm! El: urge. Wmmgg Gnu! a _ . ‘ ‘ . I , F a .. _ . International Harvester . . . . .. B0‘; ‘U1 ‘alums ccllrhrlem 3111911?” "Vhlfhj n enei m4 “mm 1° m ~11? M‘ Plan. ‘Through ciferiiigs such as. S750 for British goods and SGFHCQ!

Exchange. C/Jiraga Bond of Trade,

4015.31? Chief fllfdlmf 15 (he Umwd Etli- “"3 3-3 F5355?” the lmpmdlnﬂ REP“ l this Germany. on the advice of the _ (luring a iev" weeks’ stay.

n New Yvvi Cw!» (armour!) Kezznecott Copper .. . . .. . I p ‘ Montgomery ward ___ g-Iies is fixed in the form of annu1t.es._1.;‘ati0:is LCJll l5 the offering’ b!‘ I119 most experienced financial me; ll'l _ _ ____ W _ _ . -..- _ 1.135311 Hudson Power 17"; A cenlncl"? C’ 11146199511955 1‘@DX'E-'G*‘m'13" G°\'e7“‘~l19-'-i 0f 937119 $39931 tho world, can avail herself of the _ . BOCBUSE they had not a lump or. ' Paramount Players . . . . .. 551-. ‘sentative 0t these annuities is to 990-993 0f ‘he llnfoildlﬁmul l?!“ 6f into-national money markets. Funds. i 1116 11°58 i5 h“ had. B IMB "luﬁﬁd W

1 be put up for identification '\'l-’.l'i oth-

stock market one way or the other,. Dvndmeiit of an)‘ kmd- The D05‘-

Popuhtion served is approximately 130.000.

Orders my be telephoned or tele- graphed at our expense.

Eaaizem Securities Company

SUMIMERSIDE

Stewart Jones 8e Co.

Correspondent: of

are held in regard to Labor “prices“ o: wages. Some argue that a real up- ward movement in business must a- wait a. readjustment oi’ wages. They. Ipoint out that all the various ele-_ llIIEDLS oi industrial operations have .now born adjusted; not only 511*‘- prices oi’ commodities. (the raw mat-

imd that a fourth element necessary invegtories. are low in most lndust-v ries. Is ai-i improvemrnt in business BWBJUHZ w IdJu-Slﬁmm 01 m! “B! scale? ~ There are others. Hui-ll? emphat- ic, who declare that past performan- ces are no criterion: that Labor. P"-

poriable part oi the ansuity is pay-

MATINEE

l nous: RACES AT SOURIS. l TUESDAY. JULY m. I

| l l l I l l

erlal o! labor.) but money r8085. which are the lowest in years and cl“ A T,‘ d P m0 b o u . . UNI . likl t main so. It is also held. 5 - ° a" “e- “5- a W. HCHVAQLOT$mlger thgty p13“? and equipments are in‘ Class B. Trot and Pace. 100 bus. Oats ‘ _ i _ f 1 1 Class C. Trot and Pace. 75 bus. Oats . 8311230“ MONTREAL rarpmigigrgisx lgnlésautjalgl i310: iiigaﬁieiiirz: ' "M" “hi” ‘>1 3 l“ 5»

National Trotting Rules to govern- of which this track is :1 member.

GEO. N. MACDONALD. Secretary.

l 4500-6-l7-l9-21-23—25-27-July 1. v

HEW ISSUE Pam. 5: Cu B 291, be delivered by G-ermmy to the‘ U19 311ml") 1° a 53TH‘ 5159 01 1M3?" raised in this manner will e:.:.b.:- her ' ‘ Pemck ‘y Ford _ _ _ _ _ _ . __ 35s.; Bank o1 International SettlemmtsfQIT-IOBBI binkefi T1195? 113-145 “lllltri meet her obligations as they ar- 1H5 a! a 1011mm Poliw court recent- : I I ‘Radio _ ‘ ‘ _ _ _ _ H 37.11.1215 'I‘rustee of the CTBdltOr countriesfbe fﬁdlsifibuiid I0 I31‘! Fulﬁll‘: in the \f1\'€ hnrl utilize what surplus tlzc-re 13'» ‘Sea’... Rpebuck _ _ _ _ _, 711/21 Under m‘ ‘Young Plan the annu- - , ~,....,.___,, ._ _ lstandard on o; Ne‘. Jm-sey __ 545.1.‘ ities run from September lst. 1929.. COMPANY 15.8,...“ securities _ _ _ _ _ ‘ _ _ __ 125mb March 31st. 192a. The period or. - igmdebaker __ ‘ _ migéthe annulltiesTi; divided into ‘two - n . H gg-‘ixigrOupsi < 1 ose running rom. 5 p. c‘ Frlyflithﬂylgrtggoge “ends 4gllEeptember 1st. 1929 to March 31st. I ' ‘ 1 v P R’ H; _ _ 19311965; and i2\ those from April 1st. PRIOR 94 and interw- ‘ﬂ » Gwen‘; Moms 42-1956. to March 31st, iasa During the. . Yiﬁld 545% , u s‘ 509a __ 155i. I first rrriod the aiznual average a-i i ‘mount o! the annuity comes to a-, v i BAN-Ks bout 2.l46.197.300 reichsniarks. o1": Tern" “bu” n“ earnings “w, i _ approxmat/aly $5l1.70ﬂ.525 and dur- i nil operﬂlllll and maintenance PBank oi’ Nova Scotla 319 J13 ‘he ﬁewnd WYVTI to 1W1" 1-". charges and taxes "were equivalent to ' i Bank or Monti-ea ...l 310 . 53255 Nichmﬂﬁii 5f $355-113-2°°~ | over twice annual interest requlre- !Rcyal Bank 300- The annuity is dll'l€l9d into two‘. am!‘ on ‘m: but E main classes (a1 uncozditional. (bl l MARKET REVIEW postponable. The unconditional part‘ Average lnnmll not elmlnls on same . ' of the annuity amounts to 660000.000 : basis for lost ﬁve-year period .752: With a deﬂation fairly well taken 801d marks 111d is DIlY-‘ible in fOPiQH 1 limit to 2.‘! times interest requlre- are o: in commodity prides. two1 Currencies by equal monthly install- g new.‘ theories that would influence the lmn“ “mm” any Ylihts °f PM?’

l. quality available‘

pto a great body of

AKES Goodyear

o . mmmgly 1;, 0n a much higher scale; o G”°°“s1“°1d5 3‘ c°- we“ “““*“““‘,f§ i". 1 H10t0rlStS——-thOS6 who ‘ a levels, and that WWW y l j Members o! the Montreal Stock Exchange rum.” w . ,,.,,v,1 o; bum. t w M meni- w gg d h v 88 Great George St, Chwlottetown I an a ru e 9 ea y, NIIWSPRINT , ~ --——-—— l tough tire of Super- ml The two suggestions made some i MONTREAL 8106K EXCHANGE Canada Power Ind Paper H": time ago in these Bulletins in regard d . l . . .. ..... ' n f m6 d Mm mm fumed by w; 30$ of}; $133,137,. 0;. m. Har Wood l twist cor construe-Z Bteerisiiieias s; C0,, u ti» 1. w Fontign POWQI’ Securities 20 ﬂgufﬁl o! m: News Print. Service . ‘ , wwm jam a co-‘oiiwﬁai-eut FFIAGT Company .. ioniii-enii: ﬁrst, that production dur~ | at a low prlce. 5°°Ys0 street, chummqwn, oenei-el Steel Wares .. .. 9 , lng the month would exceed that of l QUOtPd it closing. Jllhﬂ 16,1930. Home 011 .. .. 4.35 iipi-ii. and secondly. mt; it would “m m‘ h chm‘ mm Impoﬂll 011 21a iioi. be siiiitiieiei-it w eqiul the tot- m lmgknegg". "o," m," MONTREAL Industrial Alcohol . "... 5% s1 (or Mly o! hit yen‘. Output d! doom heat. Mada by SEAMAN- “m xiitei-iiatiomi Nickel .. .. 221i 237.681 Mlfl wowed with 288.048 "NT °°- . ’_ ‘b1 25% tnternatlonsiPetroloum ""4110: the month o! April, but wu , » “berm r-iemc any»; iaii Massey iiai-i-ts so! dOWh about s.ooo win min tn» I when you,“ “l.” w“ i mmwi ... . i Montreal POW!" 55’ total of May iut yen- o! 246.644 tom. ‘ ‘hi. yuuwiuﬁndareh-nblc ; “when " McColl Frontenac . . 20 m situation toi- May wu better1 W l - l. . B‘ A) ... ... .... 31st v 2N l I merehqntable to [we you S. _l _ 1 _ l_ 011 .. .. w. National ni-eviei-ies however. than ls indicated mercy b’! woonwouma co L“ . mmdw“, “m,” on u" .1 t (( u B c-Power .. aai-i Nmoi-ini Steel ou- s4 the ii-iueue over Avril o! some 9.- " ' ‘ World’: Greatest Tire; l llviilcr l Mun: ei-oaiim 24 Clnadl iaieiizi .. 4o poo m». 1i-i April. shipmento nod c‘ "mw" l and Tuba. '- 33:“! Cir ... .. 20 Canada. liiaituig .. 20 fallen belciv ouput by 7000 tons. » “m” “meat .. 15% Dvmﬂwﬂ T" 1" ""1"" M‘ M" °1 W‘ W" "=1?- a-a-tiiuattt _____________-