JULY 12. 1932

l

MARKE 1308811"

V0011! against a tax rate this yenr.

chines, l Cele and Allied

Next but to n doctor-Edward's.

Montreal Stock Market

T37 h“ m’"“~"|f|=::l“l Pleas Business Ila N!" 203K In” 11pm“. u“ Chemical were also ‘up two or so, .... l... ... .... issuer .°.zr="cl...l'.-.-“=.lr.':.iz Q z ti tillsyrofir. Jllylflfllfg-ae-tla standard Oil of New 10th and a l. a oh’ ' i" '1‘ III rails inoludin Santa e N atlone during the earlier trading; ' w » rim .'t.'.'..‘."l. ‘£15231 - W ifllf-itrafii. "'°' '"'”°~'""" —— re re uto m“, l! ' . (Canadian Press) among the technical fldydlopmgptg Tugigrwcaucfhwfiutmiggf to High Low Close 111i! ‘"1133 "9 $19 Illlflll Hat's ad- vice of aw Jersey make new lovva m "'1'", ‘of :11 “In” "W lis- hut buying of carrier allarea quickly m“ w‘ m ‘m’ "EL-o"? on“ ‘d-himi‘ but the hrakee on reactionary tend- 18% m“ my“ “wt- . 9 é’ "1' ° “n "WIN! eliciea and hysfternoon the list was ‘ 8% 4 much more n e point than lny "um" ‘mum Tum", "nun", 11 Sign single market influence 9g m, ma“. mo" léu" anon“ "l" 4 h ii?“ gogtreggm‘ énlalfihmnm totalled only 800,111 shares. a 2% 3 fill] 0 rllr that dynamic stock and tsfillli: WHAT In‘ ‘Too; mix!‘ hm‘ 196 1% 2:95 wlls only algoiiat unfier the um Tm In h‘ 11 101,9 1i bnccol prov a cone erable etren m, - 511A ~15 511A American Tobacco "B" and mg,“ £335‘ f! ‘gléza. "' 737 1% Dom Bridge 11 and Myers B riein more n," 2. mo“. ‘unchund "' n. l" Dom Textile ... 40 I.. S, Steel Preferre _ l-nlermflon" TM“ "m" "l"; '" a” gen Steel Wares ... 7g“ ' "' ypsuhi .. .. ... _.. Hill] Godl Millet ... 5-10 k Ex _ gilt Nickfillrh... ... 5% 5% 2% ‘ BEER-By ee ~- Stoc change M; in Stocks ......“ .. w. g Mont Power ... 181,5 18% Nat Breweries .. .. 14% 131/, '14 asset-z; - =1“ a"; 7*‘ Power COW . 8 7% B (Canadian Prue) Quebec Power 12 111/. 12 TORONTO, July ii-ililliing sales $hnwinlgnn _ 1i 10% my, close.» Sher Williams . 7- Huics Stock High Low Close 3;“; or gum,“ 13% 13% my‘ “H, copper 2700 AUllB .. .. .. .13 .121}, .18 ‘vlnuhjgg m“ _ 3 ‘ . nuo Ajax .. .. .. .72 ,70 .70 All ilisuil l... "100 Anlulet .10 .10 .10 134x55 llgllllllifill-rlfl gllegi ' lllilllArcll .. .. ma; his; p104 1mg“ _ __ ___ _ 4 H000 grail‘ Hm“ .. .33‘, glOillllitilfltd .. ... 140 u," lluclfic _,_ 9i‘, p 0% i000 Bu o] g .- .03.; .0__/u Koiliiitu ... r... 190 “h” Threshh,“ _ ‘_ :5 -_.-_l :5 7600 Bi [kflllilffl .. .‘ .. olu .. ... ... . 144 1-12 141 i lil-yslcr Mo ... 5% ‘W’ “a m r; " ‘ " I llll tins Electric ... 5V. 5% 16:3 ‘llhlbouge ecr . ,' ""“’1,',‘l,.“‘,,°,‘,'..,,"“' " 33., Iii’? 3000 Clericy .. .. ‘ma. ‘fflght " " ' ' '0" ' Z‘ 500 Culuiuarlo . . G ' M k .. 5 , q» l Efllpllllt 23y, r21}; 2.15;; 1% iffjffléfrk" rain a" 6t i~l>x b‘ ll! .. _.. ... l . l not.“ iilectrio on 01,; all. “9°"""“‘i" - all; irolllic 201/, io 20v. 3$2§°'i,':11°' (mil MIJIOII s w. s 5x932)’ I.'ll it Signal .. ... 01,4, “M K,“ 195M111“ PM") ‘a. lllllyrnl‘ llllb -l es till 45o Ink“ mmre ' llnllslon Oil .. ma“ {hmmu cflrcggo lilllilzon Motors T060 Smfurflu “ ' Jlli illirves ere , ' " ,7 . ' .,- Cl-IHAUO, July 11-—\Vith most I-lill Nickel ghcglltsérp ' ' fir]; trailers ini-aiting lile Government crop llll ‘telephone mo“ “u” "u" .,' ‘W; a report from “llslilngtoll, and with Lllilillr-rt Co . 1001",," H “a: ‘w: lleallilgs the smallest in some time, _\\|l lgl-{lcigflirgfil 4000 “urphy n h. l“ :01 so‘ Gvglfiililtq-pliicces today tended generally . (I i .- - _.. ' L 1H , .\ll.<ll Motors .. ... 9% 01,’, 91,5 uigg;(‘:lzrll"'dfl ' ' 15's“ 15625 "7"" Price ileclincs were In the face of .\l»w York Cent . .. 1'). 107,, 12 m0 Prelim,‘ " __ '4'“ ‘u l! reduction of 110,000 llushcis in the l’: . 1a; J5; 1M 100s Anhmlo .40 ~40 '0 United States wlieiit visible supply, umullt Pub __ 1% 1:31, 1% w" “mm ' ‘m; '05 Cflillpllfcil willi 3,440,000 bushels iii- crv of N J ,, 29% g3 29% 600 khan“! " ~ ",7 crease a your ago. Favorable weath- (jnrp ,_ ., 3% 31/, 3% "000 Sh?” '1" ‘uh, r-r for spring wheat northwest and Keith Orph .. g .600 smdnvnfia‘ -m% ma‘: nlluolt complete absence of export de- Roehuck n n 11% 10% n 1m“ m Amhon - b’. ~05 lus.» ulilud for whcnt from North America Pacific ._, n, 1% 7r‘ 7, 100mm nanny ' 3,‘; y", '_,_ gave. an advantage to lieurs, Brands .. .. 10% 101/, 101i; 1900 Qylvannu '5'.‘ ‘vllfiltlfldflfll unsettled 14-43 under q“ m” ' w 9% 0% 12500 qunhom e b,‘ b,’ ~63 Saturday s finish, corn ‘A off to 1/, up, ()1; of N ,1 _ % 34% 25 40m T Hugh" '44,) '4',“ - T. ollts illlt-‘linnged to 1A lower, and pro- [f9 _ _ _ , , _ _ __ 19 9% In 1300 wright Half" “~75 23;‘) visions .. cents to 27 cents advance. Gulf Sulphur . 13% 1:1 131,; Hm." 30% ' ‘ " ' " _ w rniulliwégrgwéar"; ~' 13%,? 15:2 ‘a: Total allied 185.000 shares, “BL ‘PEG l'ili<ln Pacific ' UNLISTED lVlNNlPEG, Jilly ll—(By\tho Can- rllm-l; All-cm“ 8 adia? l‘ressi-~li'lhenltlp:icles (lldltmllii: l' '1] c _‘_ , __ Hfillfy ll. CPD ll H]! 9 O ay l’! g ‘lllllil. (gm? 1m‘, 4 fiflizeflc-‘lffln -~~ ~23‘ trading. Lack of iveek-ellli export I‘ S liiihber ... u, m0 cimner " ~76 ‘15 business nnd weakness ili the Liver- |' s; m”; __ ___ _ . annflnwwe t- ' '0“ ~06‘ u pool nilll Cilicngo markets were held H“ m“, u u n. 6% W“ Fm m“ a .. .104 ~11“ l2‘ responsible for [the drop which ranfl- Will-nor Br“ __ v5 5‘ u‘ " ‘ ° ° ' ' , '~ 1- - cd from 1,1; to 1,. cent at the close. Wvslilliflinlll? Eiec . 11% use; 11v, ' ' r15 ‘~75’ 1'"? ‘~‘"'“"i '1“ i" "W" 1" 53¢ 0°‘ unnlu-nrih Co .. .. 51,5 239g '51,‘ 6375 0-7-1 toiller1iii tolilii WIPIF7SEPIOIIIDCI drop- \' n1] g p . , - per ,' to cost-n I _ Or "g on “mp my‘ 3;?” i?“ P?“ 1'4, Pitgtrudc again lflPl/(‘flll feature and “we ‘eumrea mill ivitb-ihc passing of tho early hours NM - ' rallies rolnlliuoll uuvlnlnlrcd to slight- " o Taxes in Irish Town CURB [y under m, previous close. v. moo Algonquin ' ' ‘A '5 '5 alibi-ed‘ rlbl-drcblllilcs“‘fiéguflbibrbifdaivvtfilg For the third Yéll‘ in succession £'°“'";°°k - - 431:1‘ indicating some inquiry were unable . ‘I!!! . .. . . . ll ,1 Aughnacioy. Ireland. will have no usuoJllcir Alan: .. .01 m 5 in J '°,,.‘.?.“,‘,l2‘.‘.‘. i1l'.l¢£icu"ll)llbucl.l:;."ione taxes. The financial condition oi the w"? Qllaivllilllli . .. ,o1 .01 m .-,,.|y ill trading lllll rallied s little . . i .. 1' 7' h - WWII. which derives its revenue ism Ola] rlsl-Iit-rz .03“: .0317: ma ‘s: llmtll-lllcllligliltigvrtgncluse “no an‘ chieii from 1000 llIhllc-l s‘ ~l s‘ A 1 f lgsoopoo bushels in y “mm m" w“ m“ rim lawm- .. .. .0124‘ Jul/l vi u... l§§llif°or° Whflli n. ocean vau- 95 W 195M’? the town council in 500 Wood Krk . .00 .07 "g9 to Europe was n feature of the

statistics for the week. Total world _ shipments of wheat and flour for the creek totalled 10,500,000 bushels 0f

i Annoancemen t !

The International Harvester Co., of Canada Limited, are- offering large price reductions on Farm Machinery, based on Price Guaranty of Wheat, regardless, of whether a farmer Erows wheat or not. Itlwill be to your advantage to call into the undersign- ed place of business, and obtain full particulars.

SAMUEL KENNEDY, Charlottetown, P. E...I.

i

slightly under that for the previous week. North Americirs contribution was 5,807,000 bushels, slightly less thiln the total for the preceding week,

Trading in cash wheat was slow and apart from icattered sales of dur- ums prices generally were unchanged. Duruuis eased sharply in final trade,

Coarse grain trade was uninterest- ing with prices easing in sympathy with u-licnt.

CLOSE

Wheat: July B3: Oct. M; Dec. MMA. Oats: July 53%; Oct. 28%; Dec.

GKA. Barley: July 87MB; Oct, 3214B; Dec. 3254B.

CASH PRICE!

Wheat: No. 1 hard 58%; no. 1 nor. b3; no, 2 nor. d0; no. 8 nor. 17%; 11°- 4 nor, 46; no. 5 43; no. 6 3d; feed .14: track 53; no. 1 durum 59; no. 2 durum 53; no, 3 durum 42; no. 4 dur- um 30.

Oats: Ne, 2 C. W. 33%; no. 8 C, W. 30%; ex. 1 feed 30%; no 1 feed 80%; no. 2 feed 28%; rejected 22%; track

Bdfldy: n». s c. w am: b0. 4 c W. 85%: no. 5 C. iv it; no, 6 c. W. am: lmir 81%.

BONDED WHEAT

NEW YORK, July 11—Bonded vahtestalclosed easy. Closing; July 48; c . .

la Your Coal Bill Paid ?

On account of present financial conditions, we, the undersigned Coal Dealers, wish to advise our custom- ers that all Aaicounts and Notes due us, must be paid in full before we can extend credit on their future Coal re- qulrements. i

This is absolutely necessary/ in order to enable us, to, carry on and give equal treatmeiifl- to all cus- tomers. - j

'A. PICKARD & C0. _‘ C. LYONS. & A W. D. JGILLIS, &. C0. ‘i J. CARRAGHER &

.'.'» 7.‘, I

lair; "i".- .>.=

The Montreal Curb Market

(Canadian Press)

31nd" High llow Close Beauharnois A . M 40 50 British Am Oil ll l. 8% Can Dredge Dock .. ‘I Canada Malt .. . 10 Dir Corp-Sea - 4 Dom Stores 14 imperial Oil 81,6, B 8% imperial Tob o 7K 75$ 7% Mona llinea ,.. 32 Norarlda 1550 1545 1545 Biscoe Mines .. .. 12 Walker, r1 rte m

A small strand of pineapple fibre tested 1801M an equal quantity of I flax sustains pounds more weight.

THE WN GUARDIAN

Canadian‘ Gov 't. Bond Quotations

(Oasadlsn Ines) ~ id Ask

a c a c 1a ..i o ion.» C:::d: ‘a4 M}: 1%

0 of Canada 5-48 , of Canada 4 58 o of Canada 4 Can Nat Rye Can Nat Ilya Can Nat llys

Cm Nat Rye s-an . .. 9o

Do of Can Nat Ber 5-86 , D81‘ D3

Do of Can Nat Ber 5-41 . 971,5 p15‘ #_______i__

PRODUCE

(Canadian Press)

MONTREAL, July 1l-—A slightly firmer tendency was experienced on tilgnyprodilce and dairy market here

Butter advanced becoming 16% cents for csrlots or lees of no. 1. To retail- ers solids were l8 cents and prints 10 cents. Receipts were 1,800 boxes,

Chceae was up fractionally, Ontario heing quoted st 9% to 10 cents and Quebecs at 0% in 01A ceutg

Ell!!! were firm, quatatloni being 20 cents for extras. 17 cents for firsts and 14 cents for seconds. Receipts lvere 85d cases. '

Potatoes were unchanged.

____________

New York Curb-

(Canadian Press) Bilb Low Chase

Stocks Amer Cyaiililnid B .-

211101‘ “SI-loci! Pox .. 15; sso ‘us ‘ec .. 1 l

(‘iiu Marconi ... * s‘ 1§ Cities Service 2 gr‘ Cord Corporation 2 2% Elec- Bond Share 5% 5% Ford Motor Co 3» 3 int Petroleum 9 Niagara Hudson . . 7 7V; Stand Oil Indiana . 18% 18% 18% Stand Oil Kentucky 10% 9% 10% Uli Light Pow A ... 2

F o reign Exchange

MONTREAL, July l1-[By the Can. adian Preach-British and foreign ex- change in relation to the Canadian dollar, as compiled by the Royal Bank of Canada. closed tndsy as follows:

Argentina, peso_ 0.2977.

Australia, pound, 8.2508.

Austria, ectiiiilng, not quoted.

Belgium, beige, 0

liuignriu. lev_ 'uot quoted.

China, Hung Kong dollars, quoted.

Czechoslovakia, crown_ 0,0340.

Denmark, krone, 0.221d_

l-‘illlund, flninark_ 0.0180.

France, franc, 0,0450.

Germany. relchsinnrk, 0.2717.

Great Britain, pound, 4.0647.

Greece, drllehms, not quoted.

Holland, fl0rili_ 0,4812.

Hanan-v. P"1Bo_ not quoted,

lnllia, rupee, 0.3002.

Italy, lire, 0.0584.

Japan yen, 0,3171,

Jugos aria, dinar, 0.0101.

New Zenland_ pound 3.0951.

Norway, krone, 0,2021,

Poland uioti, 0.1204.

Roumanld. leu, 0.0071.

finutb Africa, pound, 5.5246,

Spain, pesetd, 0.0823.

Sweden, krone, 0.2084.

Switzerland, franc 0.2230,

United States, dollar, 14 per cent prenlilnn.

NEW YORK, July 11—F‘oreign ax- rhange irregular. Great Britain 3.50: France 3.02%: ltaly 5,09%; Belgium 13.80%: Germany 2311- Canada 87%.

I101

Miscellaneous

(Canadian Press)

MONTREAL, July L1—Bnrley_ Can- adian western no, 8 .48; oats, Cah- adian weatern no, 8 .40; oats, feed no. 1 .80; flour, spring wheat patents, firsts 4.70; flour, seconds 4.10; flour, bakers 4.00; flour winter wheat pat- ents, choice ZJO-Zdi); flour, white corn 4.30; bran, ton 11,25; shorts, ton 18.25; lniddlings, ton 22.25; rolled oats, bag 90 lbi. 2.60; bay, no. 2 per toll ca: lots 10.00; calm Ont, nan-so: cheese, Que" . 95-00%; butter no. 1

.1095" g fre

finest . em I11 cart .21: oral. lmh 0

ton; .20; eggs, fresh flrata in cartons . g potatoes, no. 1 Vlrgluia_ bhl, 5.00; paffltbfll‘ no, - Bermuda, crate 1.50; potatos no. 1 Montreal, 80 lb, bag 1.50: potatoes, New Brunswick green

mountains, 80 lh. hag .60. COTTON

NEW 103K, July lb-Cotton tu- , closed steady; closing hide: Jan, 003-04; Feb. 809; Mar. 616; Apr.

, y 680; June; July 5N; Alil. 514; Sept. 578; Oct. bfl-Sfll Nov. 689; Dec. 59

6-87,

Spot clolad inlet; middling 585. Liverpool: otton_ spot moderate buaiaeaa done, Prices 6 points lower. American middling, lair 5,04; strict good middling 5.19; good middling ' strict middling 4.82; middling g , ; IOW ordinary 4. ;

good ordinary 4.04. Receipts were all,

IUGAI

NIIW YORK, July 11—Baw sugar was quiet today and in absence of business prices were unchanged at 3.05. The undertone however. was steady and refiners seemed willing to make further purchases at last paid prices of 8.05 for spots, but holders general! were aaklug 8.10.

Approximate sales were only 1cm tons, and these included 5,300 tons in

bnla of 8,00 to 4.00 w lea became ef- fective laalweek and although no rlsw business was n , itwaa believed a load buying movement took place before the new level became affective.

Withdrawals against old contracts were more liberal, influenced by the warmer weather.

PAGE FIVE

s TOCK Azvii BOND

urinal. Glliiilllliill

DANCE A1‘ TIE HIGHLANDS WOdneldlY IVOHIIII- ASSU-T-ll-li.

T]!!! BT03! CLOSE! every Wednesday at 12.30 during July

and August. Moore d: McLeod, Limited. 4-142-1-12-21. arraimoon rsa served ‘Q

The Highlands every Wednesday. 4336-7-12-21.

BBOOKIIILD-The Sacrament of the lord's Suppsr will be (m- Placed in the Presbyterian Church, Brookiield. at the close of the 11 e. m. service on Sunday, July 17th. There will also be an evening ser- vice. Pro-Ooinmunion service will be held in the Brookfieid Church at 7.45 p. m. on Wednesday. Thursday and Friday evenings, July' 13th, 14th, and 15th. On Tuesday even- ii-ig, July 12th. there will be service in the Glasgow Road School House. All are cordially invited.

ORANGE TEA, Bradaibane, July 12th. 4327-7-12-11.

ENJOYED HOLlDAY—Mr_ and Mrs. Kruming, of Montreal, P.Q.. left yesterday morning for Guys- bom, N. 8., after spending a very happy thiee weeks with Mrs. Mau- rice White, Rocky Point. Mr. Ana Mrs. Kruming cannot speak too highly o! the kindness and courtesy shown them by Mrs. White and her family ed everyone whom they met while vacationing here and hope it will not be their last visit.

BRliP REPiiiiT

OTTAWA July 11—-(By the cal-lad. tan Pressl-In the month of June crop prospects improved in the Prairie Provinces but declined generally in the Moritimes, Eastern Canada and Brtish Columbia, the Domnlon Bureau of Statistics reported today.

Manitoba and Saskatchewan crops are generally sub-average, said the report, hut Alberta crops are above arr-rage and the most promising in Canada. '

Covering general conditions in tbs Maritime Provinces, the report aaya:

Prince Edward island: June weath- er was generally cool and dry_ with precipitation limited to scattered showers. Although grain and other spring-sown crops are promising, bay and pastures are very low In condi-

on,

Nora Scotia: The same conditions prevail in this province and increased seeding! of root and forage crops have been necessary ,ln some districts to offset the limited growth of hay and pastures. The otato acreage is reduced and potato bugs are repart- ed in many places: the iateHspring frosts did more damage than was aa- ticipnted. Plums and cherries are much helow normal from the same cause. Rains fell early in July to re- lieve the drought,

New Brunswick: Growth in simil- arly backward in New Brunswick. although there is more variation by districts and some improvement is noted in recent weeks. The spring praina did not suffer as ranch from drought as ii-l the other Maritime Provinces and consequently B110" higher condition figures at the end of June,

Montreal Market Sidelights

anndian Press)

lag failed to show any tendency to broaden out in the week's ' session on the local exchange. with, in fact, a slight contraction in vol- ume as compared with the market on Friday, the tone of the market con- tinued distinctly firm and in con- treat to the irregular and uninspiring performance in the Wall Street mar- . The close here found galna well in excess of losses, at 15 to 5. while the average price of twenty stocks advanced J2. The market la Wall Street showed a sagging tendency at the start, under the influence of the scattered selling that has continued to characterise that market In the face of the constructive international developments of the past week, with a stronger tone developing in the late dealings and for the most part eliminating earlier ioaaes. MONTREAL, July ll—(By the Can- adian Prelll-The Montreal Stock E:- change was decidedly firm today. The leaders with the exception of the lnterliated issues practically all gained ground with Consolidated Smeltera again making the strongest advance. lnterilated issues were inclined to slight heaviness. Braailian Traction, lnternatnnal Nickel and Canadian Pacific Railway in all suffering min- or loales. At the close gains outnum- bered losne 15 to 5 on the light turn- over of Q7152 shares, Bmeiters ran up 7% paints to close at d0 in a turnover of shout 200 shares. Montreal Power touched N for a gain of 14 and the Montreal Power debentures were 9t stronger at - after touching 87%, Both were in good demand. The bond group also bad a strong tone with Canadian Nationals up about half a point and Dominion Government's strong. The provincial-

"milhirfisimrcr

I group was steady to a trifle stronger. Ontario Power Service bonds rose 11 points to d! bid and naked. Conversion 195d Jumped ".75 to $1.50. Bales were 829,750. Moat of the stock advances were

Cuticura.

e till!

fractional. including Ahltibl Preferred, ill! l: It 2K: B. C, Power 3‘ at 111%: Cane Ian Bronco, 1 at 1i; Canadian Car M at 4: Canada Cement, V, at s: Ml at 11$; Power Corpora- tion, 1 at ll: Qua-bee Power, it at "it! lllnwlnlgan it at ‘ll: ilteei of (hands, 8Q at 1M5 and Winnipeg idl- lctrle, 5i at 8. Royal Bank gained 8 PM!!! 'to l“.

lraalliavl was down M at 0%, Nickel lost 3i at 596: C. £11.55 at 1 : Dominion Fridge i‘ at 11X and Mc- Call 3G at .

lhrling closed at $4.004‘! and Unit- ed lmu tulida at a premium of 14% 1i eeat, _

\

decided all

Q

GRENVALE WOMEN'S INSTITUTE

‘rho regular monthly meeting of Greenvale W. 1.. was held June 7th at the home of the President Mrs. Albert Paul. Meeting opened by singing "O Canada." and repeating Creed. Six members and severalvis- itora were present. lilflnuics oi’ pre-

vious meetings were read and sign-

ed. Questionnaires were finished at this meeting. It was decided to call

on new residents. A report of the

social evening held at Mrs. Math-

esorrs showed receipts amounting t0

$7.75. Some of the members had

cleaned school and scrubbed floors

an May 6th. On Arbor Day mem-

bersm et at school and prepared

border for planting perennials. etc.

It was decide’ to procure a map of P- E. I. for school. Mrs. White and Mrs. Wonnacott were appointed on school Committee. that school library, at a cost of $4.25.