lemons. m»

1551512021 Y’S s

Z-Iifiifiifi? %I'C%Z-Z%Z'Z_€HEH%E

A New Era In Nova Scotia Gold Mining

‘Hie first blg go! actually proved. It systematic mining dur number of ore demos

iflfill MARKEl

d mine in Nova seotia has now been 1' In “will” llwoertr on which illthepastll mont-hshas disolosetla ltl, from 'l feet to 60 feet in width,

Put through a test m ed in the l-eposits a tbs ore in a. modern

ill- The average values thus determin- re from $5 to $10'|lluerbl:n|. The cost of m“! t

"lmrtflltr to participate in the of people of the Marltimcs through

"W 05¢"!!! of a block of the stock by a group or Mgflflmq

Irving, Brennan & Company Ltd?‘

Charlottetown

YESTERIJATS

llllflllllllNl

‘i Corrected For Every Wednesday and Saturday Issue

PIIODIJCI

Roosevelth Message Has r§c.=‘.*?é*~* 1* If on gig-Inn i ion."

By Frederick Gardner, Associated Press Financial Writer -By Guardian's SpecJl Win)

NEW YORK, Jan. 4. -— Presiden Roosevelt's message to the United States Congress was about as ex. pected in Wall Street and failed to lrlr markets of! dead centre today.

A canvas of Wall Street opinion lllsclosed tilat the reaction to the speech was probably slightly favor- rrble on balance despite the fact that a number of points

I10 INS-h scare t0 the industry, while Sullllnr-r squrlsll each-l: v the advocacy of unified contml of Srlluurl- 2 lbs .. ' phases of transportation and "““"Y elimination of grade crossings lent |..,,.,,,, ., " 501119 5911'"; to railrcacl shares. ' ' l N ' m

RBllIOBd ISSUES were the only Beers lJoz. group to brace up "although the rise "chm-cc Both the lrldustrlals “"1" and utilities declined but losses were n.1,. ,,,,, ' " so trifling as to excite little interest. run“... E. to‘. '.' The Associated Press average of 60 i-‘Yflllbrrrlvs m. .. iglrllks was shaded .18 of a - "s"

.8- Trading actlvit was

les; that"; yesterday at 005,420 sllares, Dd“! C“ ‘b " a r p o about 97.000.

A feature of the stock 11st was llcls Ih ._ the rather brisk demand for ple- “W” "W" l" femad issues which scored gains 1 to 'l points. Included in this group _ were American Radiator. General R Cigar, Johns-Manville. Pacific Tele- ,

phone, Standard Brands, Sun Oil

fn some quarters it was felt that ihose sections of the message deal- lug with public works carried an in- lilnation of eventual inflation. the other hand, the asserti nupenditures would be sound credit of the government" was a source of comfofl. to those who itarcd wild spending.

Those parts of the speech which "rederal Govem- mcnt must and shall quit this busi- ucss of relief" and cited the desire oi the administration not to offer made-work Jobs at wages more at- tractive than private work were hopefully interpreted. mention of a return to "sound conditions in the public util- ltlcs field" was taken as containing

A number of Canadian issues ‘slcrllrege advances of u point. cu d Canadian Pacific. Canad- . ~ fen Industrial Alcohol n, and st. {§§;‘I.“,.§§,°.,".§ ‘ H __ ,

Rlegis Paper Preferred. Fractional Brcw can, (yum

gainers ‘included International Nic- Brcw Ccrp Pld . kel, McIntyre-Porcupine, Bell Tele- Brit Amer Oil phone of Canada, Canadian Mar- Can Malt coni and International Hydro-Elec- 60H PflPer

stressed that tile

Hay 1, " Oats .. .. .,,.‘4o¢ anrslr. unnum-

n Ffointoes pk .. 1 .-. Lelcry hunch .. 10 tq 15¢ Roast Beef 12.1

kervewch 85:41.15 Stew Meats . . . . . . . ,. . 8-1 Pork Chops 15-181.- Val b _ _ 3.13‘,

lSe 86c

Geese each. . .

Onions l\'o 2 ll.) ills Red Onions l0 lbs Broccoli per hunch

(‘rm-ole 1r ill '

Apples d:z

Corned Mackerel. each . Shlnlilr ll. __

(Johnston and Ward)

Talks “Ology” But Once Lion 0f Canvas Mat Merle»

(By The fiwdlan Press) ‘LONDON. Jan. 4 -_ The simple ‘ ""

little announcement said: ‘Georges walker Brew 420 no

lilackenschmldt read a paper on

915 Personality ' and Nonentity’ to the faculty and H E K undergraduates of Cambridge Un- iversity at Trinity Hall."

But don't let that fool you. The stocky, balk-headcd man who open- Bd. the door oi’ thr little flat a few MONTREAL, Jan. ti-(Bribisll- doors from Piccadilly Circus to the and foreign exchange in relation interviewer had a. pair of tin ears. Ho was known as Georres Hsclren- schmidt, the Russian lion, back in the e-arly years of the century, when t am mum 3";934_ his cleverness and mighty physique 235,5“, ssllmung “g8 enthralled American wrestling aud- 3518mm berg“ ,2339_

GRAIN

(Johnston and Ward) 4— .

The» iiiiiéi .. 9'3???‘ ti?‘ 13 13,-’ 6 3% l7 1'7 l5 151-2 '40 30% ,, 200 200 Dis Beag . . l8 17% Dom Eng Works .. 22 22 Dom Stores . . 11% Ford of Can A 29% 29 Green Stabell 32 4i Home Oil . ‘ll Imp Tob 13". 13% Im Oil 1'! Ilit Pet 31% 10% Noranda _. ' 3415 TeckIIhes 40f) Walker Good .. 29 28%. Walker Good PH l7 l7

WINNIPEG, Jan. 4-

The former mat star r-"estled his China. Hong Kong dOIIBrs 4233- last mat:h one night in 1911. when Denmark k.one .2191. Frank Gotch defeated him at Chi- fiance franc .0859. cago for the world championship. GQTmMY lelchlmark i401‘-

For 23 years since that night he , v has- devoted himself to the study of Hluand “mm M66‘ psychology and physiology. Now, at India rupee 3691 58, he is a xccgnlzed authority in “My um 13:3“. the tricklest field in the world.

Hackenschmidt ls the first man New Zealand pound 3.9140. from the gall-wig: lérctlirlefliiz-lili. wrestling mat to the cosmic scheme. o an z o . to. Are.- he had discussed the sublest 5W") 0"?" fgfigm‘ 489°4- or cells and their relation to this SP9“) 9" ‘i '

PRO UE

(Canadian Press)

elicePtion of CIICLS‘ tions on the Monti . ‘dgéry market were gt. _rlllly steady

in history to graduate

and that for 30 minutes one be- ._ fw, 3.341‘ wildered auditor made him haul out §,‘,',‘,§f§"§,‘,f.,eS‘ 213mm. 11.32 m; t4 his scrarpbook to prove he ever had m,“ d011,“;

cheese advanced ‘A of a. cent at 10%’. to 101.1. cents a pound with summer make unchanged at l1 to l2 cents. Receipts were 6". boxes

. No 1 butter in carlots or less was film at 211/. cents s pound. To re- tailers solids were 22 ‘Drluts b? cents. Arrivals asnountec‘

Graded shipments of eggs callots or less rare steady at 8.’ 'to 88 cents for A large, 28 to 2i) cent-s for A medium, 26 to 2'1 cents for A pullers, 19 to 20 cents for B nrizl 1a cents a. dozen for C tcfl c.‘ 1.265 cases arrived.

lotatrles were unchanged at 4‘ to 4'! cents for Quebecs. 48 to 5t cents for New Brunswioks and 5f 5o 52 (I its for Prince Edward Is- HMS. all per so pound bar.

SCHOOL TRAINS LONDON

"But you must remember it was exchange easy. Great Britain his! ‘illtfwrent in those days when ll wrestled Gctch and Dr. Roller and day bills 4-93”; "Brice 6-53; R813 the others," he said. “We wrestled 3T This modern game. it is too pain- - in 5:“: 1il9°n‘::y1y:a§$,“°‘ 5"“ " ELMWOOD SCHOOL ctosmo zsms bmg,?gg?fixixlélgsttlrlimsrg The examination arid Christmas

lam‘ ' I El 00d 50h l march is to be published wichln a gqgf§fjglgl§ljgihgd ,,,',“‘;.,,,,,,y D21 few months. The manuscript at the 21st m the schoommuse ‘which figmggrlga bgixgmgjzdwgfielgneflg waslfllled to capacity, there being mleuecmms’ "M h“ dwmed ‘t’ t0 ors present. The pupils were first

valuable mntflbutlon w examined in the various subjects

89

"With all modesty, I belbeve my _ book will create a sensation," said ‘glstefl by mtdredugusfgsi 5nd m Hackenschmidt as he reached over 9°“ ed mos S“ s m y‘

d d B. no und welsh, h’ After the appointment of Johll fgepawfrgfmd hang; M we pm“ Gallant as chairman, a. delightful pose. with no available effort he lifted it at arm's length overhead

(By The Canadian Press)

LONDON. Jan. t-The popular lty of skiing, which has led to the opening of a training school in London} makes it interesting to re- oall that this sport was utterly un- known to most Europeans 40 years 08°. according to a London news-

Lord Conway, when describing his experiences in Spitsbergen no 1011861‘ than about i890, felt it nec- rem-y to explain in detail the ns- ture and use of ski f0: his British readers, and did so with such gus- to that probabl; he could register a claim to having first set h" coun-

d wcmen-on the scent ‘ rllw winter amusement. we the ski might be'l0l-llld useful ln Alpine climbing. and ev- Qn ventured a prophecy that "ski-

mls coon -in Bwitosrlsn ." have wonrmslvs snarl-Ii

HOBART; fllmanfs, Jan, 3.—(O. P3~Wllen the-Duke of Glouceatar Felted a gen; of workmen con- structing a motor road near here he "I liven a "rvorkmclrs salute” ol 91 "shotlwhof basting powder from 81"")

ill

‘Ol-IIICAOO, Jln. 1—-With the new year, a w:man's fancy seriously turns to thoughts of a new hot.

As every woman knows, the best antidote fcr that after-tne-hollday letdown is a new bonnet-eypqclal- 1y p, gay colored ouer It does won- ders for a winter wardrobe of brown or blue that is be- ginning to pull down the comers of the feminine soul.

New headgear for the southbound resorier is one thing, but for the wearer who must yet weather win- try d quite another. lillfgtlld new styles are mostly small and perky. out wide brlms to interfere with hivh fur collars.

Mcst of the new hats black or frown and they derlvo their up-to-dsteness ornament; But for the there an n! too-nieces in no. . . and a new vivid blue.

filo encrusted-fat! 0i the new mid-season million’! is It! I16“!

into straws and sills

._._..._...___.- Ilse Mind's for- hiss

Wflglhfl .. ..9l5

(Canadian Press)

w the Canadian dollar- as com- piled by the Royal Brink of Can- ada, closed today ".5 lollowsv- Argentina new ‘i401.

Brazil milreis .0662.

Great Britain pound 4.8988. Hungary perigo .2915.

Japan yen .2861.

Sweden krone "-329.

NEW YORK, Jan 4—P\ll-e;gr 4.93: low 4.91%; close 492%; d0~

MORNING MARKET LETTER

NEW YORK. N. Y-, Jan. 4—'I‘ha market was quiet early afternoon when a. modest rally developed in

lis Th

were particularly active for a lime. The Rails and Utilities were slug- gish on the rally. Bonds, however ralLed late in the afternoon with me sections quite

lttle progress beyond spurt. In view of the extent of the recovery in the past five days the 0o market would seem to be in a ltion to have a corrective ud ust-

mflflt. particularly if any adverse

week and 8 a a demand in so

a petit bedlscharged

At ilhe present writing the 58¢ of the President to Congress 0,. today is scheduled for about 1:30.

Laidlaw and Company,

NEW BK, Bars quoted at 14% Brokers loans in week ended Jan. 2 totalled $352,000,000 increase $26,- 000,000 over previous week. New York Federal Reserve Bank

no announcement rediscount rate 01.1% percent. Congress meets today, President Roosevelt scheduled to appear be- fore joint session at 12:30 p. m. to read his annual message will be broadcast over’ alll import-

American Petroleum estimates gasoline

housing

TOCQIZandBOTDQUO A MARKET cossir

(By Johnston and Ward's Special Wire)

week nibd . 969,000 barrels, increase 1869M

forweekonded-l .2was'ls.dag- aillst 72.0 in previous week and 57.0 in like 1034 period. system 70.8 ag- ainst '10.’! and 63.8 respectively. Daily average volume of’ Reserve Bank credit outlets d week ended Jan. 2 was 000 off $25,000,000 from previous 218,000,000 below s. year

go.

The House by a vote of 212 to 167 voted to amend the t- mmittee discharge rule to provide that a maioritx’ :1 halite members dgn

ore a comm-l 0e can

Dish Low Last

80 Ind .. 105.63 104.12 105.14 20 Rail . 36.55 36.24 36.4’! 2O Ullll . 17.94 17.57 17-74 40 BOllds . 80

FLASH

B Roosevelt recommends Public

Works t an ofifitifiiio ° relies. pe a rising

and non-federal

ostl 1f li i ti

m y se qu Il and hl

useful to local QOVETIIIIgIHGIIIG. m‘ y Dow Jons-

N. Y. Stock

(Quotation furnished by Johnston and Ward members of the Moot

real Stock Exchange, Mantras Curb Market. ll6 Richmond Street.

. ll 2,168,000.-

Cbarlotletovrn). \ All’ Red 1H 110% Allied Cheri: .. 129% l1":

Allis Chaim m; l-sll 2s

.11 0._ 1 Dow Jones.

make jobs for emoloyables or) riding their absorption in tide of private employ- ment. Favors slum clearance, rural rural electrification, re- forestatlnn, road building, crowing elimination, extension and enlargement of C. C. C. work tenslficd. program to prevent

Atl Ref .. ..... 2544 Amer Cdil . , . . . .. lime lid Al: Car lt-uund lllii ill Am For Pow 5 41L All! Loco . ... l8’); 18"‘; Am Rad .. 15% 15% Mn Pow Light .. 85S 3% Am Smelt Rlfg ,, a9 Am Sugar B6 Am Tel Tel . 104% All! Tob B .. B5. An Copper .. 11% 54 54% Auburn Auto 250i. 26% Loco . .. 5% 5% Bait Ohio . . . - . . . .. 14% 14% arn A . 8K 61/» Ben Aviation .. 11% 18% 1 .. 32% 32 .. I 11's’ 793a 15% 20% 1574a P .. . 125s Case Tnresh ‘z 0011p . . . . . .. l l Com Sou 1'4 1%

MINIIVC

(Canadian Press) TORONTO, Jan. 4- tocks

teacher

McIntyre l... L:

8.59; Belgium 23 '; Germany 40.- Carlada 1.06 I l6.

almost sixfy rate-payers and visit- ~

by the teacher, Joseph Cusack, as-

program ensued, which was enjoy-

mond Gallant and Heber Camu-

tle Costello and Hilda Gallant: two humorous dialogues; duet. Evelyn Gallant and Ethel Campbell: two Christmas drills and a varietv of recitaiions suitable to the Yule- tide season. Santa Claus then ap- peared in his usual Jollv manner and disburdened the’ beautifully decorated tree of its many presents which were distributed to the children. visitors and teacher. Af- ter home-mada candy had been served, the teacher thanked the pupils for their kind rememhrances and lthe rate-payers for their splendid attendance. Remarks were also made by William Egan, who " --the- ~ untht! wonderful success of the evening. The important event was brought to a close by sl -‘ the National Anthem. (Patriot please copy)

are interwoven glistening strands of cellulose Fiber.

this}

ed with the greatest enthusiasm by Texas , , ,_ _ all present. 'I‘he program was as Towagmac -. “d twmed it “round l‘ "w “m” follows: Violin selections by Ray- Vacuum . -

NEW HATS FOR THE NEW YEAI ARE GAY

Recitation.

Ventures bell; duet by Dorothy and Bella We Am" Campbell: step dance by Leo Gal- ‘WWW? '~ Pint and Gertie Costello; two wmuy C _ Christmas Choruses; duet by Ger- w“ '

tree gifts and

Nordon

IMal-kets At

Glance

(Canadian Press)

'l‘ororl-to and Montresl-Indus- E1 trial stocks irregularly lower.

Toronto Mines-Barely firm.

New York Stocks closed nar- rorvly highex. wiiinipeg-Vvlicut closed slightly higher

Montreal-Silver steady.

New York-Cotton, rubber and sugar higher; coffee lower.

Miscellaneous

(Canadian Press) , Jan. 4-

Wheat nor no 2 M. Borley c w no a ca. Oats C W no 2 54. Oats no 3 as.

Oats feed lln 1 46.

izlgur spring wheat patents fillets

Flour seconds $5.00. Flour bakers $4.90.

Flour winter wheat patents

choice $0.50 to 84.60-

Flour white csrn $5.00 to $6.80. $25.80.

Bran ton

Shorts ton $23-25. Middlings ton $33.25. Rolled oats bag 90 lbs $3.35.

Hay no 2 per ton carlots $15.00. Cheese No l Ont 10'; to.10%. Eggs in cartons A 1 large 4s.

Eggs A i medium 38- Essa

figs B large 25.

Eggs B medium 24. Eggs C 21.

Potatoes Que 80's 45-47, N B 80's 48-50‘

P E I 80's 50-52.

DUNBLANE CHRISTMAS

CONCERT

The pupils of Dunblanc Schoill. lmder the skiiful guidance of their Miss Audrey Campbell, presented s, delightful school ooh- cert in the school on the evening of Dec. 21. There was n large st- tendance of ratepayers and visitors present, and the tastefully ar- ranged decorations merry holiday appearance. Percy McPherson presided as chair- man, while Mrs. D. A. McPherson played the accompaniments. Per- fect order was maintained through- .» out the evenillg. and the following interesting program was presented amid much applause.

Program:

Chozus, Christmas Bells. school; Recitation. Welcome, by Ads Mclsaoc; Drill, Merry Christ- Recitatioli. Hello, Jean Mc- Pherson; Drill. Star of the East, singing by Miss Campbell; Recita- tion, The Meaning of IDITIB. Mclsaac;

i»..l."i£u"77”“.. Pond Ore , . Po Cro

Safeway Stores Sears Roebuck Sim Co .. ,_ Socony Vac

Stand Oil N J . Stewart Warner Studebaker .. Texas Co Tex Gulf Sul .. Wmlmd I 'I‘im R011 Bear Union Pale .. lnited Corp .- . United Gas Imp

U S Ind Al .. U S Rubber . U S Smelt . US Steel 39

Warner Bros Co W" tn Bros . West Union .. West Elec Woolworth Co Worth

Christmas. Dialogue, Christ- mas Eve: Recitation by Verna Mc- Pherson; Song. Hush a bye, Jean McPherson; Recitation, The Christ- mas Song. Annie McIsaac; Mono- logue, A Bad Mix-up; Recitation, The Christmas Spirit. Verna and Florence McPherson; Recitation, Waiting rip for Santa Claus, Doris McPherson: Cradle Song, Helen Boulter. Jean Hart, Mary Bulger; Slants. Claus Fright, Raeford McLean: Dialogue. Day af- ter Christmas; Recitation, The Dol- lies‘ Christmas‘ by velda master: Chorus. by the school. Time. A merry old Santa Claus then arrived from the and proceeded to ddiver to each pupil from a beautiful Christmas candy from their teacher, ..nd a treat qf fruit, from the Women's Institute. while ico- cher received a. large nlmbor of lift-s also. numerous other pres- ents being exchanged. A sale of fudge dur-vng the performance net- ted the sum of 85.00 for Red Cros work. Upon the deparh ure of Santa. a vote of thanks. moved by Mr. Elwood McPherson was presented to Miss Campbell and pupils. A very pleasant evening was brought to a close by singing God Save the King.

GREEN BAY SCHOOL CLOSING

Christmas Concert on Thursday

poor condition of the roads there was a very large attendance of parents. rate-payers and visitors. The pupils were examined in the various subjects by Mr. Aubre Malone, Mr. Glen Currie. May by Mr5'w'D' Gm James McGaughey. Mr. Joseph Cusack. also by their teacher, and showed by their ready answers that they were being carefully trained, The school-room was ar- tistically decorated for the occa- sion, and a well-laden Christmas tree occupied one corner. The ex- amination was followed by an en- joyable program. Mr. John Costello capably acted as chairman. Santa Claus then appeared in his usual jolly manner and presented each pupil with a gift from the tree. An address was then read by Lena Costello and the teacher was pro- sented with an appropriate gift by Helen Carrasher on behalf of the pupils. In a few words the teacher thanked the pupils for their kind

Christmas cold no-thlsnd,

Junior

their gift. The pupils and all pres- ent. were treated wi home-made

was brought to a close by 5108111! the National Anthem. The follow- ing is the address:

season is now at hand, we feel we cannot let it pass without express- ing a few words of appreciation to

Exchange

p ’ .MasseyI-iarris....- . m” Wu" B“ - 3‘ 35"" lvrocoll- Front Oil Co 14v. 14.

. a. .1. .....~.¢'.»'...,

Issues ‘A To"

New High 0n Mt '1; Merger it

(C. P. By Guardian's Special WIN) MONTREAL, Jan. L-With seven issues mounting to new peaks for

more than a. year. Montreal Stock Exchange listings presented an im-