A

1

OVIR 800

Home Improvements

_ IRST decide what improve-

your home-then get an estimate. Plumbing, heating and electrical contractors; builders, painters, decorators, architects and supply firms all stand ready to help you determine the cost.

With your estimates ready, call at any branch of The Royal Bank and discuss your plans with the Manager. Loans to finance home repairs, improvements or exten- sions can be arranged by anyone of good credit standing, able to repay out of income. No security or endorser is necessary and ro- payment can be made by monthly instalments spread over one to three years.

Ask at any branch for free book- let “Loans for Home Improve- ments.” It gives full information about the Home Improvement Plan of the National Employ- ment Commission.

T“ ROYAL BANK or cAnAoA

BRANCHES

lo Finance

ments you wish to make to

IN CANADA

m" "mt-

MARKET BULLETIN

(Ileceived ovcr Wood:-Reade and Company Special Wire)

BAKING MORNING LETTER

The market was irregular today with the excvption of the steels, some of which ran up quite sharp- ly. Store Stocks also were higher in the morning but sold off in the altcrnoon. There ivas no change in the gvneral character of the mur- ket and I would continue to keep long. Texas Pacific has run up 5 or 6 points since Friday and you might sell out half near 55. U. S. Steel rose over four points more today, closing at 114 7-8. If it should have another sharp run up you might sell out half of what you have left. Bi-thlehem Steel rose nearly 9 point: further. If it should have a further slmrp bulge you might as w~-ll take profits on half oi ivliat you have left, but hold on to the remainder. Ex- change Buffi-tt is up 3-8 and if you remember we told you several months ago it would not do any- thing until this month and today it started up. Would buy some if lt rvncts below six again. Inter- national Milling can be bought near l6 and Bendix bclow 27. At- chlson was up over 2 points clos- lng 1 1-8 higher tlinn Saturday. Would still kcep long as well as of Nor. Pile, South Pnc. Erie First. etc. Muck Truck made another new high at 62. Keep long. Mangel can b1“ bought around 14 and Lock- heel at or just below 14. Indus. Rayon can be bought around 38. Us Indus Alcohol is acting rather

ggy but sooner or later it will have a good move. so keep long. Assd Drygoods rose over a point It 24 3-8 you should be long of it below 20. Keep long. Tin-re is no change from recent advices and now that the mzirkct has hiid such an advance I sec no mason why you should jump in now at this stage of the game. You should be I008 so much low-r down that you can aiicrd to sit back and await further profits.

Chas. Baring.

SUMMARY

NEW YORK, March 2—Speeial Bennie Silver Committl-e is ex-

p.

‘ Feb. 27 at 3,296,850 bbis. daily, in-

Dected to be called into ses ion within a few days. Celanese Corp. of America declares dividend of 75 cents on common. Paid $1. Doc. 25 and 50 cents April 15 last. Home Steak Mining 1936 consd. net prof- it $7.650,452 or $30.46 a share ag- ainst $8,144,528 or $32.43 in 1935. Oil and Gas Journal estimates crude oil output for week ended

crease of 1,681 from preceding week. Secretary Morgenthau will announce Thursday type of recur- ities to be issued to holders of $502,- 000,000 three par cont note; which mature April 15 and are to be re- funded March 15. American Metal ' Co. Ltd. and subs 80 per cent or more owned, 1936 net profit $1,726,- 058 or $1.98 a. common share ag- ainst $801,527 or 33 cents in 1935. Bethlehem, Republic. National, In- land and Youngstown announce they are raisin-g March 16 common labor rates to 62 1-2 cents an hour with time and half for work over 40 hours weekly. Conference be- tween Carnegic Illinois and SWOC to be re umed this afternoon.

MORNING MARKET LETTER

NEW YORK, March 2—The market ran into profit taking par- ticularly in the metals yesterday morning. setbacks were not great ‘but in numl-rous cases the losses were not erased by what strength came into the market during the afternoon. The principal buoyancy i was contributed by the steel group and the rubber stocks whill- strength 1n the cll and rail divis- ions was more selective. Despite optimistic reports from Detroit and other Motor centres with refer- c1109 to increased new term pro- duction, the automotive issues were sluggish apparently on doubts as to how easily the industry can ab- sorb higher wage rates or other concession" as may be in response to union demands.

On the whole yestcrdnvs indi- cations were too mixed to point a definite trend, but if better nctlcils should develop in thv Motor and Rail groups to support strength in the steels. we should think that the othl-r dlvlsioiis would be en- courageil to so along more easily.

Laidlaw and Company.

particulars apply 4]

Farm for Sale at Bargain

125 acres about two miles from mill at Elliott's. 75 acres clear and the balance woodland, medium siz- ed dwelling; barn 40 x 41, pump in house and barn. Entire property priced at approximately what it would cost to replace buildings alone. For further

THE EASTERN TRUST COMPANY, 154 Richmond Street

O THE QHARIIYITETOWN GUARDIAN

Morning Stock Letter

(Received over Pitficld and Co’! Private Wire)

NEW YORK. March Z-Most im- portant overnight news is the ad- vance ln steel wages granted by five of the leading steel companies and the willingness o1 the Car- negie Illinois Corpn, a. subsidiary of the U. B. Steel Corpn. to meet with Lewis’ Union The London market this morning is quiet and irregular. Dirvctors of Celanese de- clared a dividend of 75 cents on the common stock after the close last night. This is probably more than expected. Directors also said hereafter tltaewould consider the common d4 nd quarterly. To- day mcetlngs American Cynamid. Homestake Mir/g, Meek Truck and Sunshine Mining. We would

expect an lrregula firm market w- day with higher prices for Good- year, Goodrich, U. S. Riubbe . , White Motors. Cel- snese, Industrial Rayon, Schenley, National Distillers, Bears, ‘Ward, M ' 11 Field, Sou“ u ‘Pacific and N. Y. Central.

MONTREAL, March Zr-Canad- ian Celanese Ltd. report 1936 shows net profit at $1,518,503 as compared with $1.803.860. St. Law- rence Paper reports before de- preciation of $238,304 for 1938, eg- ainst loss $30,963. Brampton Pulp and Paper Co. profit 1936 before depreciation and taxes $480,389 as compared with $183,724. Brazilian Tractionu net earnings January $1,573,048 against $1,310,481. Jau- llflfy 1836.

Produce Prices

MONTREAL, March 2-401’)- Wheat, Nor. No. 1 $1.41; barley, C. W. No. 2 92; oats, feed, No. 1 60 1-2.

Flour, spring wiheat patentsflrsts $7.50, seconds $7.10, bakers $7.00, winter wheat patents, choice $5.70, white corn $6.40.

Bran. ton $31.25; shorts, ton $32.25; middlings, ton $34.25; rolled oats. bag 90 lbs. $3.85; hey, No. 2, per ton, carlots $9.00.

Cheese, Ont. N0. 1 13 to 13 1-4. Butter, 25 3-4.

E885 in cartons: A-l large 28; A-1 medium 26 to 27; A-l pullets 24 to 25; A-large 26; A-medlum 34, A-pullets 23.

Potatoes: P.E.I. No. 1 Mts. 80s $1.75 to $1.80; N.B. No. 1 Mts. 80's $1.45; Que. No. 1 Mts. 80's $1.35 to $1.40.

MONTREAL. March 2—(CP)— Butter prices ruled slightly firmer on Montreal open produce mark- ets today while eggs went a little lower.

Graded egg shipments in car-lots or less were quoted at 21 1-2 to 2‘; cents a dozen for grade A-large, 19 1-2 to 20 for A-medlum and 18 to 18 1-2 for A-pullets.

Butter was quoted at 25 1-2 to 20 cents a pound for carlots or less of No. 1 while lots to retailers were 26 1-3 for solids and 27 for prints.

Cheese was quoted at 13 to 13 1-4 cents a. pound for Ontarlos while Quebecs were in , oted. Potatoes: P.E. I. Mts. 90's $1.75 to $1.80; N.B. Mts. 80's $1.45; Que Mts. 80's $1.35 t0 $1.40. MONTREAL, March 2—(CP)—- Eggs eased slightly on Canadian

commodity exchange produce sec-

tion today while butter improved a. little.

Butter spot-Que. "regraded 25 1-2 to 26; Que. buyers-inspection 25 1-2, traded; western regreded 25 3-4a.

Cheese spot-unquoted. Eggs spot-Ont. A-large 22a; A- mcdlum 20a; A-pullets 18a.

Currencies

NEW YORK, March 2- (AP)- The French franc extended a rally against the United States dollarin foreign exchange dealings today and was followed by other leading European currencies.

The franc advanced .00 1-8 of a cent to 4.65 1-4. The British pound rose 1-8 of a cent to 4.89 1-16 and Dutch guilders and Swiss francs also were a little higher The Canadian dollar advanced 1- 32 cent to par.

MONTREAL. March 2-— (GP)- Pound sterling declined .02 cent on Montreal foreign exchanges today to 4.89. The French franc remain- ed unchanged at 4.65 cents while the United states dollar went down l-32 to par.

LIVESTOCK

MONTREAL. March 2-(CP)— Calf prices continued to drop and were quoted 50 to 75 cents lower in early dealings on Montreallive- stock markets today. Offerings were light on all other sections following heavy buying yesterday and prices held steady and un-

_made $6.50 while

‘E. R.Brow &S'an

Fire, Life, Accident, Sickness and Plate Class Insurance

at Lowest Rate

Agent at Eummerside. 144 Richmond St.

Lloyd Lewis Ch" ' ottetown

I changed.

Receipts: Cattle, 64; calves, 632;

hogs, 807; sheep and lambs, nine.

Medium good to good steers good butcher cows sold up to $4.50 with medium from $3 to $3.75 and common kinds around $2.25 to $2.75. Csnners a-ud cutters went from $150 to $2 with common bulls from $3 to $3.75. Medium quality veal calves made $7.50 while other kindswent at $8 to $5.75 with the bulk be- tween $6.25 and $6.75. Common lights sold at $5.

Bacon hogs, fed and wateredsold at $6.60 while selects drew $1 a hog premium. Butchers and heav- ies went at $8.10 and extra heavies at $7.60. Lights sold from $7.00 to $8.10 with sows from $6.25 to $7.

FINANCE

MONTREAL, Mulch 8-(0181- Increase of $141,574 wss reported today in Csnadim National lull- ways gross revenues of $4,038,884 for the week ending Feb. 28 as compared with $8,858,860 for the eight-day period ending Feb. 28, 1088.

NEW YORK. March 2-H?)- llloreign exchange firm. Great Bri- tain demand hid: 4M 1-18, 10w 4.88, close 4M 1-18: 60-day bills 4.88 1-15; France 4&5 1-4; ltaiv 5.26 1-3; Belgium 15.85 1-2; Ger- many 40.33; Canada 100.00.

Hilfi-

llnrd‘: '

MINING

Supplied by Woods-Bud b Co.

Stock: Close Acme Gas Oil 18% Afton Ajax Oil 40 Alili-rniuu 107 A 1' Cons 76 Algoiiia Anglo Hui‘ 800 Argosy 110 Arlitllvld 100 Astoria Ruuyn 1.7 Bagunlae 31 llillikfii-ld 143 ilusc Metals 50 BUiIlllB 145 lililgiind 140 lLg Allssourl fi llliliju 32% lliuloriie ilrvlt T!

ll it X iiuffulo Aiik $1174 liuffalii (‘nu lliiiikcr 1111i (‘uliz Eillll 620 (‘ulniout 150 (‘an .\lnl 200 (‘iirlbuo mistle- Tr 140 (‘on 1'01‘ 27 (fl-lit l'at 170 Hunt Mun l5 i (‘iii-in iii-search 125 (‘lillniugiliiiuu 180 l'lll‘0llIllIll1 _ 105 Pliurchill (‘lcrlcy 7 Coust Cop 82.’. lfiililllt Con Dill Oil 32-3 Iiiirkn-ater 240 lioiuc 48 i)0l'l'lll fllscoe iI-‘i Jlllfil l\lnl 1M ldldulndo 251i Found Pete 75 l-‘iilcoiibrldge 1175 . - . us Foothills 250 Fruiiciieur 120 iilcnora ‘Jill iirnhain B 41 Gods Lake ill liunnar Gold 100 Goldiilc 3i] llreciln St 20 ll1lll'l‘0\V ilaril Rock 255 llurller L": llullliigi-r 1.'i llolne Oll 830 Homestead Ills‘ lloivcy 00 11nd Bay 3750 Jelllcuo 1S4 J .\1 (‘nus 60 hll-k Hud Kirk lllllu- 105 Kirk Town Lnguiia I01 ln-llrll 9R Lake 51h 5875 Luke Mziroll Lain (‘on 15% llavacap 90 Leliel Om 2'! .00 Hold 51/1 l. l. Luc 700 “llflllllnll 7K5 .\lll('lA'4l4l 2B0 “llflfllllfl 36 dulrolilc .\inii East 9 ‘illlllily 58 .\iu|»lc Lent‘ Silly Siilerl 22% Alui-liilyre 4025 .\l('l\'<'lml4: ‘I70 \lc.\llllnli 12 .\lc\"ittin 4U lirwnttcrs F0 Alorlaiiii Oil '13 Mining Corp i450 .\liiilo Mum-tn 17-’! Morris Kll-k lluriitiy 5 Niplssliig Nnrtlnu Oil 41 Nuranda O'Brien 97° Ouicgn 104 Ollllllll 840 ilsiiiki) ’ Oil Selection! Pucuiui $3 Pnnimir Pnrklllll 07% l'|llll4il'4‘ 3Q Puyliiiiatcr "- Pond Orville 500 Pcrrun l'cl. (‘uh Pickle Crow 780 plflllflfll‘ 1’0r (‘rown 7 Powi-‘ll lluilyn 217i Pn-iuli-r 335 Prrntnii E Dome 14o Pros Air Que (lulil llr-ilil Autb 300 lliul Luke 120 It, Fri-st 170 lli-iin lliti-lilc 11% llolili min: 1° lliicho 30 llnyllllte B000 Sun Antonio siiiiu-lu-y 90 sin-i-i-zii 800 Stiu-iie 57" siinii-n iun 11g’! Sliului-onu I-l slut llmllll 640 xii" Sui . nag siiiiii-im 180 Ifiylrnnlle 415 l‘iiii iolii 'lll\i‘l( llllgh 000 'l‘iil>ilr|i Tux (‘nu 29° qhlrlfllglllflfi 1:13 l'il to: O I \'i-iiiiirvs 3W Wayside Winn». Amu 475 ‘V0011 (‘iidlllllc ‘l! Weight liar 77° Yuilr Yankee

Total mining sole: 1.182.000.

TORONTO, Mlroh a-(cri-rne price level of the gold stocks was trimmed a little more thsn half a point today on the Toronto min- ing share market while the ml-l- céllaneous mines index advanced two points. chiefly on the strenlfll of the bascmlilletpls-d the w”

Base me cose near with Hudson Bay up 5-8. WIM- Amulet as cents, Pend oreille l0. Sudbury Basin 5 and Falconbridgo 1-4.

MmLeod-Cockshutt shot ahead to close at $2.85. 40 cents nil- There were no other wide gains but Riesd-Authlei- and O'Brien took losses of l5 to 25 cents each.

Gains of 8 to l5 cents among the golds embraced Mocun. Or:

STOCK QUOTA TIONS

iisiiiinivs. lucii Minn] uuniiimis

Corrected-fir Every Wednesday & Sat urday’s Issue.

{-1-

IITLIL IAIIII

Celery buueb Carrots 8 lb: Potatoe: pk Turnip: Spinach 17-151- Panley bunch Cabbage bead Tonnes: ripe fi Vegetable: marrow I Squllh lb

Apples pk

Roast Beef Stew meet: Chicken each

Hides lb Eel:

U. Y. Stock Exchange

(Supplied by rltfleld l Co, members of Montreal Stock Exchange and Curb Market)

Ewell Al Chem

- Atvlilsun

Am Water Allin-until!

All Rel Auhul-n Bald Loco Bait Ohlo Bendix Av Beth St Briggs Man Case

(flies Ohio

Coil Can Con Gus Co Corn Pro l‘ur Wright D

Firm-stone Gen Elec Gen Foods Gen Mot Goodrich Good T

Gt N0 Pfd Hllll .\iot Car ill (You

Johns Ma n Kunneco tt

Post Tel Crib Puli Si-r N J Pure Oil Co

Sears Rue (‘o Shell Union Oil

United Drug llnlteil Gas Imp Rub

‘VODIWDIHI

Montreal Curb

(lupplled by Pitfloid and Company lumber: nl Montreal Bloch Ixehllll: And Montreal Curb Illknt)

link: _ Open 010:0 Abltlbl s54 m Alibi-sin: 108 100 l a Oil 2am 20g Jeaubaruolg 1% 71¢ new (In y; 3y, lllh a 12% is Call Hlk 13 l3 Bum ‘In 10% 101,5 0n 14 15 gun B l‘ use: 301'

i-‘riiscr V 1.‘ C ill! Ford 271/, Hlr Walker 411% Home Oil .340 imp Oil 24 Int Pete 33% Melclierl! A

ee 35% Price Pfd 133% Royalite 58% Rob Mitchell 20 Rolland Paper

IANII .- ._....._

Lluppllod by Pltflol’ ‘I'll. Company 0Q llll lentnal Cub lull-ll)

ltoeh Olen lk (‘no 8k (‘um 198 3k Mil 231

.N. .3440 Royal s: no

Plat: and Bhawkey :nd Jelllcoe and Pamour advanced 18 no m cents.

The western oils had periods of ltrength but lulled tn hold as the volume of buying faltered. At the close United. Model. Lowery, Ca1- gary-Edrnontom. Acme and Home- steui were up ‘and Hiothllls, Dal- housle. Home, Okaite and Merlanc weakened.

lined’: Unllut IOIIDIOI stains.

Bull To] Brut-k hill:

(‘illi

Xornnila

Pniv (‘u

Que Pow Shnw

St Law

ill Law PM Sou Pun Pew 3t (‘an

Minurd’: Llnlment remove: stainl-

PAGE FIVE

1B RAC E BLOCK

STOCKS—BONDS 4 OI LS-GRAIN Private “Telegraphic Wire” Service .T 0 Principal Financial Centers

DIRECT

TI'CKER -— SERVICE

—TO—.

TORONTO’ STOCK EX CHANGE

-' COMPLETE _ BOARD ROOM FACILITIES

ORDERS EXECUTED 0N ALL MARKETS

Island Securities Company

Limited

PHONE I122.

QUEEN STREET] CHARLOTTETOWN. P. E. I.

Mt’! Stock Exchange

(Supplied by Pltfleld b 60-. members of Montreal Stock Exchange and Curb Market)

Open

Stocks (“"55

Elfillllllljl

(‘i-in

.\'iir l'r (Eur F11 llyllro PM Hyilo Pfil lllll Al A

i‘nii (‘an (‘iin (‘nil (‘illl (‘an (‘tin i‘iln Sit-mu (‘chino-in-

(‘uvk Plow (‘mm Niiii-lt Dist Scull Diilil (‘val PM

11 2:; 1 i"; 71% . ""2

__.___-_k.-§i TORONTO AVERAGES

supplied by WMIIS-Riefld ls C0-

lllilPX golds 157.43 sown pa. Misc. iiiincs ‘Jlllfll up 2.32.

The SIB ROUTE, INIXPSIVI

OOMIORTLBLI, lo

B0 5J0 N IBSTIRN

ITIIMSIIIP LINII

One round trip per uni Inns Saint John

New York Curb

(Cllnud lun Pr“)

Stu-k:

Alli"? (‘yiin B Ain Sup Pow ‘it ‘i-rv I'm-ole PPt.

a

Hiiiiilili- (Ml r

AIJBTIUN SALE

The Garage of the late Donald Campbell will be of- fered for sale at North Riv- er 0n March the 8th at 1.30

p.111. D. J. CAMPBELL. Executor

L-5741-3-3-6-8

FARM FDR SALE

Consisting of 105‘ acres, 90 acres clear and 15 acres un- der woodland. Five miles from Charlottetown. Near school, Churches, post office mill, a splendid shipping cen- tre. Farm in high state of cultivation.

For particulars Apply to

JOHN STOCKMAN, Sr. Winsloe Station

L-‘38-3-3-3i

v WA_1_V_7ED

Saleslady for a large general store

.in the country. Musi- be experienced

in dry goods and Ladies Ready to Wear. One experienced in country store work preferred. Reply mating age. experience and salary required- (With board at 54-00 per week.) MEDLEY '1‘. FULTON. Upper Stewliwke, N. S.

N-l1Z6-3-1-3l.

i“

. Ice unsafe for travelling .

WARNING IS HEREBY GIVEN that the ice 0n Char- lottetown Harbour is unsafe for travelling.

L. B. McMILLAN, . Deputy Minister of Public Works & Highways

L-5719-3 -2-3l

Professional Bards ‘EGAN & CO.

Chartered Accountant:

148 Richmond Street lflione 47. P. 0. Box 12.

McLeod & Bentley W E. BENTLEY, K. C.

J. A. BENTLEY, K. C. Barristers and Attorneys-at-LAI MONEY T0 LOAN M. ALBAN FARMER BARRLSTER, SOLICITOR, ETC MONEY T0 LOAN

Bunk of Canada Bldg.

Charlottetown Alex. W. Matheson BARRISTEIL SOLICITOR. ETC Money In Loan Collections Ofilre: 90 Great George Street

ro SUMMERQIDE

I, GO ING palm-day, March l8. lfi 'i

Mnn.. March 15. 1937

$1.00

From Charlottetown

lln] n Yul-mouth, N. 8., an mural

Snlllng Iron: Reed‘: Point Wharf, Snlnl John, every l-‘rhhy ll I A. M. (A.’l'.). Due Bo:- i" s o'clock (52.8.12) following sis-hi". Lneul plllenlcrl Ire nu urrled between slllll John lnd Vanna-nil.

One-wily hrs ll!) from Sulnl loin. Iound nip 818.60. Warm. comlnrlulvli flllerooln: Ill! up. I004] for two people. l-"lno Ileel: ll hlr prices.

Plllenleru balding Illruull Ilrlin: Io Ionian or bcylnd may occupy linemen“ Thursday light. while the ship l: lylnq In Sulll lebe, with": um rlllrlt.

9 Apply any Clnlfllln Nnlcmnl Inllwny: l‘ Tlehn Olen. er n load‘: Polnl Wlul, Sllnl loll.

i wssiilill 0min EXOIIRSIONS y.

Reporting!) 1'40 hm Wu: ill/In SEE/IOU:-

Cli/drnl n! F712: and undrr TwalvlYmrsoiagzflflLfififl/Ql:

Ticket: Good m DA Y COACHES ONLY

For Further Information Conrail any Ticket Agent

Blllllllll Illllllll.

Uu Canadian Notional hlqmplu

ll Going-Daily from February 20th to March 6th

i l

sale. For full in

W. K.

181 Queen Si.

Return Llmit—45 days in addition to date of

formation call i

ROGERS

or phone 5-10

l8eed l Wheat

We have received a number of cannoaos of choice grades of ONTARIO grown

MARQUIS warn: FIFE wnrrir RUSSIAN and aawARD

SEED WHEAT FAILWERS no “"13"; up book their .03“; now with user our . AGENTS. SEED WHEAT may be scarce before the seeding seuson is over.

Garter 8i 0o. Lllllllilll

Charlottetown

seedsmen

‘"0352!’ sisnulns

f s‘