A

"Apllll. 25. 1931

¢_al—--.

f ES TERDA i/ZS s10 ck A

THE. Q"A.B.l_-.QJIIJ'I*. “rs s-Lili-iklalw.

ND cor/o Q1/0714 WONs

PAGE NINE

z?

Market

By STEWART JONES 9 Co» Charlottetown Correspondents or Grceruluclda <5 00., Montreal

—x—x—g—‘_ Reports

New Yo rk Exchange

(Special to Jnhmstnll 3-. was-ll)

The [Jorltredl _ Stock Exchange

- nllenll-ulzlluow Lllllllxlcll (s l- l l f '.l l . . gg::—::—a—x—c:—x—x—x_xuu—xmx ‘iiihffiiiif; " “W W’: 5M 8r- — m» " " 1.". "'o.'.§§.‘<lil..‘lil'l"..'i3ll...l ‘ .' -- ~ at. At s. R. ‘ .‘ MONTREAL ' “h0g9...” lumhwmrv n w Qijqflfl“ ' "‘:'“' lfl-ll ‘Lclcshong, illfiiéii-tli nah/JG’: ' announced thllt ...-h‘. f as recemly At lfcfln" hruum" " '~ 19%| 195.’. will lH-t‘. bltthi ... ... ti months tn lilurph m“ ‘he lllll" Am (‘llll - M4 f: Pnwcr A Zlfilly illmell Pfltifif! Grain fi u» $11.l03_r:l:'. us wl...§».'l-.»ll ktill.“'§.°,“,",'gll All. c l.-.l(. " I ‘t! flrl'"\\‘er‘_li - 11m. “begins - ‘.40 714 ill the illlllli". lll-l-lnq n; "w ‘THU-u l; Alll h‘ in...) _ _' P?" (jl"""z‘f '9'" ~ ' 5m} of iiontrsal 73.‘! year-m (laorgune u! MW "hi!" Alll iioco _,.| _) | l . "+ ... p-tn For hi‘) . . ‘ Iallk nf MW! M: In the face of collllitlolls which h " A!“ P I" 471W 43W ~13 -t.'i — V“ (‘an ldlpmlh- ' ' m] Telephone . li-ltl’. been prevailing ill business o It?“ Am S lie 411M 4214i 4|~l;| ... l_ (£11k llilt {Alum .. Bflliiiilll 151i Pacific 1'0“; h, t " “‘ Am sllglll- __ 4gll_,| 4;. m.) _ _ J , H" , "_“ -- iiritilh ‘AII1",|‘|‘""I, er 10".. gross r-nl-nnlzs stingy-lg???‘,_,|::““,?:h';pg;::f Am 'i‘r-l Tel lfiiiiiilfittéillllljirliklr |_1l,l, ,‘,‘,§'“‘,.,.§,', 21m“ " 5mm Lomm , n ow 111W‘ Pd n“ mmtmlifltr of llll llccolupllshlnellt ' y 1' " ‘"7 i133 + a’; Hlllll L " Bull a lll this connection it should be noted i- Hull ' w“ ‘i ltl "m! m“ "ANN" "t ll rcnr llgo ‘include i-i-fl lllt " and“ ‘In n‘ l 1:‘n lcr a mm “mm m" "“""'-'")3' Wuo fllcell +13% .\I it '- twmun" n k 0t Columlerca" .126‘, Wm‘ “Wrillllv: difficulties i'il\l!9ti bc- + V- .\ln- r " Filllnrmll: Hilrlllhnw -- -~ 3-,“? cllusennf ll lnosi llllilfiiltli lvllter short- I I u + 1,4: \innt l “MU _ . , an‘ u, m,“ mnmfin" w“ “m ‘Ix q illrllsia _ flnllllillll (llr tlllfi Foundry .. If." ml to flll\' extent ill Cross h - pm" "will Av _ - l’ ‘\- fnllllllillll llldllstrinl Alcohol .. .. .l nrclllliznfioll eolltilvllml l.,-‘,,,.,.P'.PM::F m" lictil Qtcel I l2 if Consolidated ‘NIIPIIQFB ... 112 tahlhqu." ,.,,,.|,,,,,,-.|-; “m, WWW t s n‘ Iirlglzs _ V Pnl“, ‘Iitilllilliilll Iilrltik" --_- --~ --- 4P4 their rcrlllirl-lllclt. l l. Pr " m?" (‘out (ill . _ ‘ he ., l)lllnilllo(l‘llmlllr lllld theuliiul .. .: If‘; it unis necessary: “in .'.'...‘.!'.}',,',,§,1,,;;g“;g{3 v ill, (imAlc . +1 2|‘:,T.,.|l,:'-:.:.‘.:,: Frllse .. ... ... ... /' n o ti ~ - ' ilc : , _ J, <, ‘ . {irllerlll ‘Steel “arcs ... ... 4V; fllllllll'xiii;tgnni-gsllffffil?‘ ..,§'..,,',§},‘§";“[{,n§f i‘. dl. Vllkco in’ wish, "imfcm i tiolucutliiidi-yiél-(pl... . ... .39 cut tn Vancouver. such m: lumber Ill-Hit! ‘stimuli ‘Ohio . 4i) i0 _ y, l i I lllr-rll - ~ ' cllllllcrics. etc. Ti _ it l ' H‘!!! .10 . lliil/ 1i) l - . .. “lwrltflimtviifill euuhluu] " power allies. Oliflfliililillfl cldilfltsnnlliglifisvgtfs For“ (‘Om ' 7d git Imhks r:l ...-u... .. _ - l l . "u" ‘ _ sglltlll-‘llillili ilecllllse of this extrll- (‘m gflxm‘ liolltrclll .. r” i lflfiftlg h mm" Frummlm, MIMI-lg.” ‘mwpr hill“ llilll ‘ilffflt-[Gti llet . if, .\||\"il hl-lvtlll .. | ‘.317 “mmwfll I“ 1L “m. yo...“ Fmmnl l" "W.“m:HHJtPPIPHGIHEIIIOII- . {VJ ituylll . .. L, . | ‘:75 ' ,\'llIl~\l1iIiI_‘\"‘““"}_"“ . lllnllllls to lifllrcll iilst llliii: dalelllllsiif; l ville»?! W" i" \\‘f‘l‘i" 5174mm, ll-llt-l-l-llé rlll- ill.- illlnllllr u. rrninéor “m”, H- n H _ V i, , . I 0 ihovvr lol-lloralluu roam‘,i“:;":‘r"§‘_nrl'i,5sl?(:(;\‘:(mt::lWiulxauvdl "l! ' lzrivlc “Tlijmlfpr: i" '~- '~ I'll other words, the‘ colllpllllv this A: . ... .. . ~ ~ I c d ‘B d iiihlil] hml‘ “‘ ' ' ' npcrllrillllll:"iesliliti?mtiifiaekuiii: ii‘l|ii'tfl||l"|.l,frl -’ a I s ‘|1\“'1"'*3"" ' lllollthll rnccntlv Ielllloil ilflill’ S30v7"? d *""‘I"' “f.” “m” ' IlRilillSl $tl.-'iiiZi‘.'S1 a your all: " _' " _,,.,. .'l - ' L,’ <1}'"|_"* “ CANADIAN llvnuo- "c" u} “iililibvg |.;|‘|.;C1-R|c conronArloy tit-ll , (‘rectal tn Jollllsfoll 11' Wllrll) ‘gall 1i W; Bid 58km] i During the. lllonlll of Jrlllullry this hill‘! Rub .. it]- 2 im-jlll llfiil H5 ma“ u’ ' n. 7v cnrnorlltioll nud its sllbsilllllrlcs till» ‘ms ml ~ "/4 4'1 ‘"41 “Q """' ' “We. ' . " illlellu Power (‘olllpllllvi pro- '1'» “my 1"’ ' 5'"""“’"' H“ ' " " .000 k.\v.ll, of electrical cll- 14 (“Mr-v |'"'“" ' ' orgy. ml incr-llao lf 1.’ ' ti mm"- "m" - slllllc lllontll (if lilsi: ycllir.pdolliiofililllteld “it Rmwmi] ' It"! Tvfrllllf". uftcl- iii] rilllrgcs. lllld 15,. “"{"'"|.'"t5 -l ll\'iiiiililii' rill‘ iiiVitit-‘llliti wit! sllmnon. ""‘."""""-' I'll, tllllliiilll $l0llf_'iIil ill -llllllllll'_\'_ lillii). liiec- {f'j{.“"“i'"{ tlrlclll olltlilllti for. tile l‘: lllolltlls clldcll “ ‘mum!’ 1 _| “MM u" J. zlllllnry . s, sloucd nu illprollse of .<IIIHII""I~ ~ mi - -- -| a .1 ll.c., u-ll llct revcllue nvllllllllll». for » '\\\~r ll i .. ~.'<' .- . .- . " i! fl lllll.llllllsl ls $2.il||zl.ll.'.. ill‘ ililllilt 1.0 BANTAM AUTO CAUSES, - ' ~ lllllcs first preferred lllvillcllll require- “ - - lllellts. ill the silllle period of lllst your OWNER GREAT WORRY lllrs. - this llrt ‘Willi $l.i).'lii.ot7. The figures - ~--_ ~- servo _to ll< cntl- lhllt tile l-olll|llllly's Hlfvlfl‘ x-“irll opcrlltlll): llllll cllrllilllgs position lls it MANITOWOC, WiS., April 23. (U. IWHPM“! -~- - cull-rs illl- wlrrcllt '1" cn a . _ _\ .lr lltilluc. t0 P) N _ . , (Plllifcllli ill‘|;_|\\‘l'] .. .1 1 ghglllly l... ..|-ogre... . _ -— o one will take George Inugs illllltlzllucr!‘ =1" ‘K ~—- - e "barltg-n’ ‘auto-m bile .- ' GRAIN RANGE ‘ » ” ~ s°“°““”' "lnllllollllll rllxlzllx On a DUSHICS‘; trip here from She- loor lllll i'o. .._ . . __ . M“ wk boififlll. W15» lmlg palkctl his mid- flfnu\'(‘u‘vvq (Flm_h“ m _hmn_h‘n A “Mm get machine 1n front of a candy atrium floral-lites A u“ “r0 store. Scvcrnl yollllgsicrs pickrfl i; up k -- L ‘ _ 1l‘0lil tile curb and carried it ill front ‘mlff-“t llécul Iiiillifil of the entrance to the store. - . . _- t. , -""P'~ N"i{llcbutl.‘i{( ‘n “"19 ha“ been Worse.’ the \("l‘i\‘l" BOYD I'RI('l""l i\.l‘:"r.\;' owner philosuphlzed. “over in Fond ‘ ‘ ‘ " .lili_\' du Lac they not only carried the car YOIIPORATION ul-zculurl - up on the sidewalk but turned it up- side down for good measure."

lnr-rl liifli ‘"111 till?

iloll Tfiilll . i’: w: illln ‘inllll . -i‘-_~ pc Que lHov .. fl pl: “lllllv I‘n\v . ~i 3 pl‘ Filzlu i‘o\v _ .'l pt fllil spell.- , 51,5 pt-

ilfiillNltlN 0F CANADA (ILZLKAXTEED BONDS

liiliil 106.0" lil.'>.'l lilliiil

107.73 107.00 lilLllil

5 pc 5 pc 4".- ll}: 4% pc 4'5 pc 4"; no ~i-'l', pc {l pi: t’. pl: Ii 1m i3 pc

DOMINION 0F CANADA BONDS

loiiol) 10mm

{TAX EXEMPT l SSPES)

Oct 1. ‘lliiil Ntlv 1. lililil Mar l, 10217 Dec l, i037

Hit‘ .- liyllc .

ice . 5'..'|"-‘ ..

1110.05 104.15 'lilii,.\'l 110.7;

[TAXABLE ISSUES)

Nov l. ‘i932 Nov 1, lilili Sept l. lllill U13! l5. 1913 tit‘! 1i‘), Hill F0!) i, lliili UPI. l, iiiiiil L“? YOK A lfl

‘W’ .. .. illitililil‘ HEY! a1

BRITISH COLll.\lI$ll\ rowan CORPORATION:

The Irons cilrllillgs position of this tritfllliziltlou durillr: the current ycllr in

. tit‘ ... m ’l‘acl: lllllriles .

Wilcllt .I lllv

The Montreal Curb Market

(sol-vial to .|l.l.-- w. s- null-ll) t ' ihowiinlst i 14H-

Slm-ks ipcll ii il .-\i|.'lll;l ...‘. 1i |l|',=1 Associlltwl 0i] . ..i 1i) i I llll: .\|i-'so\ll'i ‘l I 11H.’ I .

‘ll

ltill (‘orb-Neil Holm- llii ... I llnperilll Oil .i lut lN-troli-lllu ..| illl i‘ lilies A lllt Ftilitles H ... Norllndn .. " Qilcrritt

Wllikt-r. lllrlllll

PULP

Business snows

Ntllilcbll .1.

ker Co .

i 'l‘illl It ll . I‘ (‘llrll i‘lll'll

lI Pllcifii ‘

West l'lliull West Elec \\' nl ii \\' o rt ll . Y '1‘ Couch

SOURIS AND VIClNlTlY

Mr. Richard Creed, Potato Inspect- or, who has becn working incastem Kings for the past few months spent the week end at his home at Stur- gecn.

Miss Louise Cox. returned recently from CharIctLetov/n where she had spent a few weeks. '

SALEM, Ore April 23—OrEgon's pulp alld paper industry has reached $20,000,000 a year proportions. ac- cording to estimates by business ad-i ministration experts of University of’ Oregon.

Laughter is the best wrinkle eradi- cator. '

r

i Corrcsponden ts of

Greénshields 8: Co.

Members of the Montreal Stork Exelulngc

88 Great George

INSUPAN

Insurance Cameron Block,

‘am

Stewart Jones 8e Co. i] I

l.-._-,-l--ff--l.-.--.¢-lf AA

(E iill- ‘lioullli Safe?

_ Aurofloflllt More pouesalon of a policy

. FIRE mfff docs not assure that you are

‘ ii Lmmuff properly protected against i . | CQLL|5|QN every Auto liability and rick.

v DAMAGE g

WILLIAMS & BENTLEY, LIMITED

' Charlottetown.

SL, Charlottetown 4i

Ask ul to explain the various forms in which Auto Insur- ance la iacucd. Our explana- tion will tell you ~ exactly where you stand in liability. This service is without cost- and wcil worth while Investi- gating!

ullllehlllten Phone 1086.

Mr. and Mrs B. H. Yeo of Souris. left on Monday morning for New York lil'i(i other Cities of the United States on a short vacation.

Mr. Charles Kennedy has returned to Souris from Boston where he spens the winter months at his home. Hts many friends are pleased to see him in our midst again.

Mr. Thomas J. Avllmg. Sr. of Sour-

is was a visitor to Cilariuttetolvll this wcek. M": Wilfred J. (lllrvcric. returned

recently to his home in Souris after having spent a few weeks in the Prov ince of Nova Scotia.

I. MaDconald. South Lake Tuesday in our towrl on bus-

Mr. spent inex.

Mr. Daniel Muliin, of St. Peters Bay, Supervisor of Schools for east- ern Kings, spent a few days in Sour- is this week inspecting the High School and St. Mary's Convent.

Mfrs MacLean, wife of Senator John MacLean, arrived home on Thursday evening on the late train. Mrs Mac- Lean had been at Ottawa since the opening of Parliament and her many friends are glad to red her back in Souris.

The prevailing easterly winds of the past several days blocked Ooi- vtlle Bay so that. it was with great difficulty that the Magdalen. Sourts and Pictou. steamship the Iavat made Sourts Hartm- oll Wednesday. The 5.8. Iavat. was accompanied by the Ice Breaker the Maclcan. 0n Thursday evening she was still 1n port awaiting a, ohann of wind which would clear the Straits of the heavy

COAL COMPANIES PLAN TO SEAL UNUSED OPE.

N"lS

POTTSVILLE, Pa. April 23. (U, p) —Antl"lracltc conlpanics are planning to scal shut. all surface openings oth-_ er than thosel: used for mine en- trances and for purposes of ventil- ation. ’

According to the plan, mine caves. mine breaches. old strippings and crop falls will be closed by charges of dynamite, bringing tons of 9am. down over the exposed coal.

Several factors influence the plan,

Morning

to wllclllcr wltll loans no nlucll . dune

movement.

lllrge- voluulo llut n1 tiu- hall news concerning the

Ila instructive on tllls point.

Rallying kct should ill-come

lllly ncsul I

uei tilbl strong aumlnrt nlude rally vvllll not llll unexpec- market hull been letting I

dou-llwllrll movements.

It is well llt this time to take nllolllll develop tlll- “Vflfllfql is nutlllllg more

buying ls now yvalrrlulteli

Reduction in tllo rclllnclulllt lulu Ill-ill since Decelllher 21th. One llt this time would rut-lull widespread vlcw In not. held in llll ullurieru. A more tlllul likely would he tllc most gold klllllnlellts to this (‘lllllllfy from

Wllcrcllu Auburn is culled m: lnnltclt upon nu u lullrkct lender, so fur tllln yellr llml pointed ill get its uctlnlll l|!l\\‘ llll will

crllit. Til! pool ‘lll illis ifill llllll‘ l\ l-tlllllcl- Ily tile gem-rut lllurket.

titlllldurd (ills should he Utility group. illg tilc selling Illa punt nlontll

(By United Press) Lawrence of Arabia has spoken! Lawrence, who whirled like a my- sterious force over the dunes of Arabia, to found an empire on its

he waved aside honor and glory, to sink his identity beneath the tunic of a private soldier.

Today, from his lown dips, the United Press is able to give his ans- wer to a riddle of eight years-the reason why this man, whose "king- dom“ stretched from the Red Sea to the Persian Gulf. from Aleppo to Mocha, changed his name and be- came a humble mechanic in 1-lis Ma- jesty's air force.

Lawrence, the unknown, his bur- noos-clad figure appearing and dis- appearing like magic in the tents of

among them the desire to prevcnet accident to trespasscrs, the need of shutting off outcropping veins from the paths of forest and brush fires. and, princlpllliv, the prclcntiorl of coal "bootlegglng."

FATAL LEAP UNNECESSARY i

ST. LOUIS, Me, April 23.—Whiic climbing a ladder to the roof of his home with tho inicnfion of killing himself by leaping frcm the top of the building. according to police, Ed- ward StCcliing, 81, slipped and fell, sustaining fatal injurics.

NEW YORK, April 23. (U. P.)—A diamond of the finest quality, Weigh- ing 125 carats in the rough has Just. res her New York and ranks Jnrllllll: tho irvl-rgelqt 5fqn95 m the

Anlcriczl.

ctmllm" l lflifllers and others are Mimi; to 3o down and others are waiting- at the Magdalen Islands, for the return, of the boat have been greatly inconvenienced by this delay.

Mrs A. E. Clarke, returned m her home in Souris last week after hav- 111! Sllfint the last few months in Summersidlz-Tg

‘ ‘ g‘ AQLQ

drift ice. A considerable number of

Pvlllllliv. 1111s diamond will be cut in I

desert princes. is the man who fann- led the flame of Arab revolt, and iwcitierl in its fire the engine that

shifting political sands, has brokenl

a silence of eight years to tell why. ‘ in the Rloyal Air Force as a private.

vSpecial to Johnston & Ward

213% "- "_ '_ . uv THEIR own PRIVATE wlluc

NEW YORK. .\[ll'ii ill-It llllli been a punlln d. the market would terminate illl decline In ll selling clllllux and wile ler there vrlla time for u selling climax to develoll and unt _veur‘u lows yet llold. Although yesterday’: \nlume was not large en- ough tn he wholly convincing, we are Inclined to feel it will prove to he the llalllll selling climax terminating tlmlwllrty nt. lcuat

At tile lulva of the days, the Dow Jones lnllustrlul point under the low for lllnt December. Another flu-tol- that may prove of some lruportllnce la tllllt must of file Important. earnings ututement qllllrter are eltiler out n: tile results fairly welt known. Tllc ulineillenes of l avpnurt at: ll lnglcul reniatance point conned vtltll good hit first quarter being already out nlllkea fairly quell news for u aonlculnlt better market, resistance to secondary selling will

\\'l\LL STREET MIRROR. SAYS

felldrllclen which mlldc their appearance in the Tllurndlly mar- luorc pronounced todny. It clln he tllill tllut u decided change in sentiment vvua noticeable in the Tlluru- l. Tito sllllrp selling wllvrs cull be uet down us llellr driven nllulc Ill lln effort to brellk prices down through the December low points. llll ullncllrllnco Just all it did ill December. Tile ted nccuranec becuuue lt bud been mliell nnra selective the post week llnd that there was u

growing tendency tn look upon numerous llIlllEflJlll

the vii-w flluf tile current rlllly cvell if it Into llll ullullrd movement of possibly eight to ten points In than a teclllllcnl rebound from tlll olersuld con- lzltloll llull that lllwkll should not be ivoulzht nu atrcnltll-

In lim- with tile atllfenlenta made here yesterday lllut constructive oprru- “m”, “...”. "mt"- wlly lll numerous directinlln, it i» further ll-urued tllllt people lire now inclined to look upon the nun pungent buying stocks fol- a turn but nlluly on weak spota. rllte la not expected. This two pel- rent l-lltc aourecn tuku Iill‘ uunlltlnflwtury world conditions but tllin reduction from the tlvo per cent rate effective wily l-‘rnllcc.

l; l-lluk anccllllty null therefore should not lnl nevertheless tllu lnllrkct llctlllll of lllrgc mcluluro the course of the general lnllr- lle closely u-ulchell. Alllollg tlll- inane» which llrc wcll liked ill good in prepared tn mnvc It lleild quite allllrnly if given "l'.\l“" in a [Illffilllht nu weak sputu- luuked lllllm m4 unr of lllt: lelllierk of tile Dublin Sillclvily- Sioren la atlll llllntllel- ullicll hllx uct lt i! 0|)1‘ll to rlultc n ullurp rolls".

“Lawrence of ‘Arabia i’ Lifts Veil of Secrecy

Light Thrown on Enigma of Man Who Swaycd Arabs ill Walrtilnc and Now Courts Obscurity.

%.2- g iii tock Letter c Wall Street Mirror Saysz- L:

question for some time as

tile recent dou-lllvurd

average wall only u

for the first

ln relation to tilin exllectlltion

Tn 0H- tllnt tllc

lluvi ng completed their

more Nome

rket altulltioll wltll fuvuur. pull

take the atulld tllut in;

vie-\\' tilllt reduction

of bringing to u illllt Auburn

qullrtcnl in United Alr-

cd quite well dur-

time why he gave up the position which earned for him the description “uncrownecl king of Arabia," aban- doned his rank of Colonel in the British army, refused all titles, mon- etary rewards, decorations and hon- ors, picked a new name and enlisted

As Colonel Lawrence during "his" war in the desert, he had virtual command of the entire Arab army. Today, as aircraftsman Shaw, he must. obey anyone above the rank of an aircraftsman. first class, who givcs him orders.

During the war, Lawrence was en- trusted by the British Government at various times with huge sums in gold which he apportioned as he saw fit amnog the Arab chieftalns who fought his battles.

Now his pay is eighty cents a clay. From this he saves a small portion. The rest he spends on gasoline for his American-built speedboat, his

‘swept Turkish rule from the land. mW-OFOYCIB. and for EFBmQDhOHB rc-

.T0day he tells why_ shunning glues cords fouwllat he calls his "tinned ‘ and honors, hc asks for "nothing but.‘ music" Supply- .

I nlcdest contentment."

This is the first explanation of the mystery of “aircraftsman Shaw." It was to Henry T. Russell, of the Unit-

} ed Press London Bureau that he l gave * ileged conversation.

Following is the first of a series of

four articles by Mr. Russell.

(By Henry T. Russell, United Press Stall‘ Correspondent) (Copyright, 1931 in all countries by United Press. All rights reserved)

PLYMOUTH, England. April 20.- (UJIL-"Lasvrcncc of Arabia," the most mysterious figure that emerged from the Great War. now serving in

T. E. Shaw, lifted today the veil of secrecy which has surrounded his life during the past 10 years.

This man who, single-handed, rais- ed the Arabs against the Turks. changed the fate of the Allies on the Palestine war front. and for whose body, dead or alive, the Turks offer- ed $50.000 reward, told for the first