v pares, Apply Waller Lawlor. . Morell Hotel. L-3457-4-l-8l-

,_ lure atm- , “nub-BM!

| . .

APRIL 2. 163g

“T1051: 5001A TION

.Morning“ Stock Letter

(Deeeived over Pltfiold and Co's Private Wir

NIIW YORK, April 1—'I‘he lat- earnews despatch from Irondon states that Germany's answer to the llocarno powers will be pub- lished at 1.90 p. m. o'clock New York time today. It is doubtful if anything very definite will come from Germany’; reply. Foreign ex- changes this morning are about the same as they were yesterday. Current market action would aug- gest that it is an appraising per- iod. Some stocks still look higher such as Montgomery Ward and other! mentioned in yesterday's afternoon letter, namely Sears, Ameradu. Gene;al Motors, Chrys- ler and Eaton Mfg-The London market is a little firmer in the belief that Hitler's counter pro- posals are conciliatory.

NEW YORK, April 1—'I'here was but a light pick up in volume yesterday but prices in many cases were considerably higher. Trade news is still favorable and should be sufficiently more favorably to justify higher prices for a good many stocks in the next several months. However, there is no par- ticular speculativc incentive at the

oment and higher prices will likely be a:hieved in a quiet ir- regular fashion. A good many aet- baclrs are not only possible but likely in the near future. On such setbacks we believe the stocks we have been recommending. such as the utilities, oils, General Motors,

Produce Prices

(Canadian Press) MONTREAL, April l- Wheat, nor no 2 09. Barley, C W no 3 46 1-2. oars, o w no a a7 r-a. Oats, feed no 1 35 l-2.‘

Flour spring wheat patents, , first $5.00.

Flour second; $5.20.

Flour bakers $5.10..

Flour, winter wheat patents,

choice 08.90-84.00.

Flour white corn $440-$450. Bran ton $20-25-

Shorts ton 021.25.

Middlings ton $20.25.

Rolled oats bag 90 lbs $2.90. Hay no 2 per ton carlots $9.00. Cheese no 1 Ont col 11. Butter no 1 22 to 22 3-4.

Eggs in cartons A large 25. Eggs A medium 24.

Eggs A puilets 23. ' Potatoes: P E I mts 90's $1.30 to

Q o-e on an

P. E. I. mts 80's $115-$120. E I mts 50's 75. E I mts 10's 16 1-2. E I cobblers 90's $125-$130. E I cobblers 30's $110-$115. . B. mts B0‘: $105-$110. _ . B. mts 50's 75. N. B. Mts 10's 16 1-2. Que mtg 80's $100-$105 Que no 2‘ 80's 90-95.

Jimmie was going out with his

221E591!

mother one afterncon and had been sent upstairs to get ready. After a long wait the mother

called up the stairs: "Hurry down. Jimmie, we're lat: now. Have you

Ntl Steel, and IIaJadro Sugar may be purchased for higher prices.

TORONIO, April 1—In an in- terlm report coving operations for the 0 months ended Feb. 29 shows estimated net profit $1,214,904 or 25 cents per share on the 4,807,154 shares outstanding. Ore reserves as of Iiebruary 29 totalled 060,420 tons averaging 8.04 cwt. per ton and total of 5,537,752 cwt at the current gold price one cwt. is ap- proximately 41.75.

President Robert E. Stanley, of International Nickel in his re- marks to the shareholders at the annual meeting yesterday said, "It would appear that today the pros- pecm for a continuation of your company's growth are as promis- ing as at any previous time in its history. He stated that despite the company's cash balance of $30,- 000,000 the time has not yet ar- rived for retiring the preferred shares.

MONTREAL, April l-National Breweries Ltd. report year Dee. 31, i935 showed net profit $1,971,- 982 as compared with $1,598,897 for 1934. Equal after preferred divi- dends to 82.46 per share on the common stock. A new high record, as against $1.94 in the previous year. Working capital at the end of i935 was slightly higher at $5,- 240,972. In the president's remarks he stated that during the year m company disbursed in taxes o! all kinds the sume of $3,981,149 or nearly $5.50 a share.

‘ Miscellaneous

(Canadian Press) MONTREAL. April l—A steady price trend characterized dealings today on Canadian commodity

exchange produce section.

Butter Spot: Bales: 100 boxes Que grass, 22 9-8. ' Cheese Spot-Ont col (Nov.-

make) 11 to l1 1-4.

EZBs SPOF-Ont A large 21 1-2 to 22, A medium 20 to 20 1-2. A- pullets 18 l-2 to 19.

New York Curb

uvplm] by Pltflold and Com- ‘mny "lamina of Alontrnul elm-k exchange und Curb Market)

got your ‘shoes on yet?" "Yes," replied the boy; “all but two."— Christian Science Monitor. l

Starks one» but _ Amer Gna 111cc 88% 33% ' Ailns Corp

02c SCH! 5 0%

l-llcc liolul a 20V.» 337,4,

Ford A

Ning ‘h’ ‘10 10 .

Bfurka (‘luau

Ann-r Cyan B

Anlcr Gas iilcc . 1w’:

Alllcr Sup Pow '-‘

Assoc Has l-llec A -

(‘nu ‘liluconi 2

Clt Serv 5%

Critic Pet 5i"

llllrc llonll Sh 211K

Ford (‘all 2H‘;

Gulf Oil Penn

Iluln O‘l it 7'.’

Imp Oil 23%

lnt Pole ii‘!

‘Mug llud my,

d Oil Kcn 18V»:

Un Light Pow A (W.

Un Light Pow pfd 50%

2o par ward; In Memurlnln Notices,

word. Other rates on application.

Central Guardlun locals, 4o uer word) Weafern and lantern locals, 2e Dir word; Announcements und Cumlng Events Io per word;

D§aI DGCO-GG '.

Clnaalfled 70c per Inch; Lin: of Floral and

Spiritual Offerings. (Harlin, elm. 4c per meme; Letters of Condolence 70o per Inch; Noilcea of Thanks null Appreciation, 70c per Inch or 4o per

Iflnlrnuln Charge for any advertisement twenty-five eeutl,

For Sale

FOE BALE — AUCTION ‘FOB-TY- Pive, Bridge and Whist Score Cards. Guardian Central Job Printery.

d-TUBE VICTOR CONSOLE, I934 model, $49.00. R. T. Holman, Ltd, Charlottetown.

PO11 SALE - TWO SIX MONTH old sows, bred out of a qualified dam and sire. J. H. McPhail, New ‘Haven. L-3305-9-91-3i. __--——“ ibh-"g IOI BALI - MAN'S BICYCLI 812.00, good repair, 274 Eustcn . L-S442 0 - TUBE rumour CONSOLE 819.00. a. T. Holman, Ltd. 01m- lotteiawn.

POI BALI — 1931 PLYMOUTH

wflllll‘ OBOSLIY ‘I - TUII bio model. separate speller 910- T. Holman Ltdn Oharlottetfiml-

IDI [ALI - TANDABD IBID - IN . . mu-pr:ltalr' lzlmiwnur

a. wan, man

rJ-asol-l-r-li

Ioassmsoar woon suav- flln. wt!-

fer oar-load ~ "oomprnr. Hm-

i

a a. ' . g 1 h-al-a-ao-al.

‘f l 1 ' sonar ' enamel.» Ava. and rlfillsllcro smut.

mllugaite ’ manazrammed D-

,1 i.

_n"ilelq.flsil>_lllen_ie_<l_

APPRENTICE W A N '1‘ E D '1‘ O learn Barber lrade. Short Course expert training. Molar Barber Col- lege Halifax 14-850

WANTED — MAN FOR. FARM work. state wages. Wallace Owen, French Fort. L-3860-8-91-3i.

MAN non FARM WORK. APPLY in person to Mrs. Percy Mutch, Mt. Herbert. L-3497-4-2-3-6-3i.

WANTED-A TRAVELLER 00V- ering the Island to carry a line of Aspirin Tablets or cards. Apply no: K. care Guardian.

. L-3499-4-2-3i.

THE BUN LIFE. CANADA'S largest Insurance Company, needs live representatives in each county in territory not already emanated. Attracitlye pfllpflltlf): an na asss ance assure . Oouszletnol. A. Moore, Currie Building, uharlottetown.

To Let

To . lull. hone 40G. L-Bfll-S-Sllil

‘N! LIT - I I005! AND , IOU! room heated apartment. Apply $4. b3500-4-2-9i.

m rat-nouns nouss. nor water heating. Fireplace. Robert damper:

.. ~ rl-asorl-s-a-il. I‘) LIT - P05- - i. rtment N0. 4.

N. Y. Stock Exchange

(Enrolled by Pltfleld and Cum- any member: of Montreal Itoeh exchange null eulb market)

1 . Bulgaria lev .0139.

ltoelre Open Close 2'65"‘ em 200 W Am Can 120% m“ Aln Fun P! 9 k Am Rad_ 23 l‘ Aln 'l‘ol and Tel 1am 1am Am Wafer 22% 22% Allili‘ I dd 35 30% Atclllsuu 1B“ 75 Ref 34 34 Auburn 60 00 g Bald Loco 4 4% Bait Ohio ~ 19 2o Bendix Av 28 21% s: om as Briggs Man 004g (my, V gun Pal: By 12 13 no ma 1 Chen Ohio 53% g Chrysler 9g 911 Com Sol 411,5 31¢ Cm So 3 31,‘ Con Can 81% 811,5 Con Gal Co 3314 33% Corn Pro 11% 7g Cur Wright 1% 7% Duponi; p1,; 1m Elec Auto Life 401/, 41 Elcc a and u 1s 1c Fircatnno 30% 31 Gen Elec 33% 3954b Gen Foods 35% 353/5 Gen Mot us“ 55y, Goodrich 191/, ma‘ Goodyear Tire 23% 3g“ Hud Mot Cur 1s 181,4 Huplv Mot (‘Ar 2 21,4 Int Illu- my, 35% Int iel and Tel 107, 111,4 Johns li-inn (‘o 100% Keunocntt 38% 381/, Mont Ward 45y, “y, blur Corp 901,4 191 Nat .Cash Rog 27% g1 ‘ New York N H 4% 41,5 Nor Am Co 20% gag‘ Nor l-‘ac 311,4 31% Pack Mot 11% 111,‘, Paramount 91,4 (1% Penn ll R .3311, 33% Phil Pct C0 435g 43y, Pub Scr Corp 40% 40% Pure Oil Co 23% 231,5 - lmlllo COID 1a 1:; Radio Keith 7% 7% Scars lloe Co 87 0114 Shell Llllou on col-m, n‘ Fiouth lc 05g 34 , Sid Oil N .7 14 m; Studebaker Co 131,4 131, "X 9° ‘ll/l am United Air 35% 35% United Corp 1,5 7% United llua Imp 10% 13% U S llull 95%, 29% U S Ht Col-p 05% (3115 Vanadium - 231,‘ 3314 Warner Bros - l‘: 121,7, West Union 861;; ‘ “Wat Air Bruko 43% 431$ “first Eire 114% 117 \\'oolworih 49% 491/!

Currencies

4

(Canadian Press)

NEW Yoluc, April 1—Leading 901d currermes Jumped upward on the foreign exchange market to- day in terms of United States funds.

The pound sterling gained 1 1-4 cent at $4.96 1-2 while the Can- adian dollar ad: Jlbed 1-4 cent to 99 11-16 and the French gold franc closed .01 1-2 cent ahead llt 6.60 1-2 cents.

EXCHANGE

(Canadian Press) MONTREAL, April l-British and foreign exchange in relation to the Canadian dollar as compiled by the Royal Bank of Canada closed today as follows:- Argentina. peso .2170. Australia pound 3.9749. Austlia schillinz .1891. Belgium beiga .1703. Brazil lniireis M1507.

Denmark krone .2221. Finland finmark .0222. France franc 066231. Germany reichsmark .4050. Great Britain pound 4.9792. Holland fiorin .8831. Hunsary pengo .2981. India rupee .3768. Italy lire .0797. Japan _\n .2909. New Zclland pound 4.0150. Norway krone .2499. Poland zloti .1898. 300th sirica pound 4.9597. Spain peseta .1374.

“ land franc .3278.

United State; dolls; cent prrmium.

Closing exchange rates:

cmfwy mfwyp

At Montreal-Pound 4.97 29-32; ‘p.165 .dollar 1.00 5-10; franc 0.82

At New York-Pound 4.98 1-2; Canadian dollar 99 ll-lil; franc 0.00 192. ,

At Paris-Pound 75.07 fr; U. I. dollar 15.14 1-4 fr: Canadian dol. lzlr 1519 fr.

In gold-Pound 12a; U. S. dollar 59.02 cents; Canadian dollar‘08.99 ceru.

NEW YORK, April 1—1"oreign exchange firm. Great Britain de- mand high 4.98 1-2; low 4.95 1-2; close 4.90 l-2; 00 day bills 4.94 5-8; France 0.00 1-2; Italy 7.99; Bel- gium 10.95; Germany 40.32; Can- ada 99 ll-10.

PRODUCE

(Canadhn Prose) Mon-mans, April 1—’1‘radin| continued light on Montreal open produce markets today with prices remaining at yesterday's levels.

5-10 per

Butterwuquoted atfl ton s-ecentlvflllwndfor oerloteer leaeofnolwhllelotatoretailers were 2| 1-2 for solids and 24 for prints. ‘

Graded egg shipmmie in oariots ‘Ian for A large, 20 for A-lnee-

Ne"! mtarioeoloredabaeeewas egehqaobd at i1 sum per ‘fivlPlfmhlvellfiilto 018,8‘ s 01.10 to 01.20: 80h I: We 0.1-2: eebbllrrlfl $1.8 to

' 00's 01.10 to 01.18: ltllfi

Mt’l. Stock Exchange

(luppllad by Pltflelll and Cen- Dllly members o! Montreal clock cxolllllll and ea-o .BIIKI‘)

ltoell 0pc‘ Ill! Ablflbl 1U 1&5 Bathurat 12 181,4 gelllifel 144 146 res an 2 12% _ Brew Corp Can "all 31,4 a c Pow a any. am Can. Nor Pn 24% 241/, Can Car Found 0% M; Can Cement 7 -7 Can 1nd Al 10 ‘l0 Can Psc l2 13 Celaneso 20% 201A Cock Plow 8 354, Cons Smelt 270% 2B1 Dist Sea: 20 27% Dom Bridge 38 381,4 gum gteel 0 8 "m ex 71 71 rm Tob 1a 19% Int Nickel 40 49 g Massey Her 0% ‘I14, McColl Front l8 10% Mont Pow 32 azy, Nat Brew _ 42y, 43 Nat 8t Car 15 1,5 Pow Corll 15 154g Bhavrinfgln 21 211/,- Sou Can Pow 185$ 135; sauna Bk of Can Bk of Comm Bk uf Mu 194 1M Bk n! N. s. 21s 21s Royal Bk

MINING

(Canadian Press)

TORONTO, April 1-'1‘he "m- onto mining share market began the new month with a buoyant HOW-on buying that increased BhB-YPIY in the golds. Base metals were up also on a less active trade and silvers and oils were slow. The gold share index advanced .92 to 128.11 and the miscellaneous mines index 1.12 to 134.94. Volume exceeded a million shares. .

The main demonstration 1n the senior golds was in McIntyre with a Iain of 2 7-8 to 48 3-8. ‘Ileck Hughes was the heavy trader oi’ the group and it closed 5 cents up at 4.55. Lake Shore added 1-4 and Wright Hargreaves lost l0 cents. D0818 and Hollinger were‘ “n. changed.

A gain of 3-4 for Noranda and 20 cents for Falconbridge featured the base metals. Sherritt, Sudbury Basin and Ventures recorded small gains. 911 stocks held their ground. Texas-Canadian added 5 cents in a turnover of 6,000 shares.

TORONTO, April 1-_

Stockl Clugg Acme Oil 14% Afton g1 Alex g Algorue Anglo H 4m Astoria 41);, liugllmnn 3:14, Bnrry H r Bus" hint 2; cur 39 liollifle 145 Big lliss (l; Bcbjo 14 B ll X 15 Buff Auk 400 Buff (fun 0 Bullk lllll Clll Edul 110 (‘nu .\lal 110 (‘nrllloo 14; Cnstle '1‘ 141 Con l‘nl. Z521‘ ghoul lies 107 ‘ er cy 4 Colllllrllln 242% gamer} 4:; om x _ 4 Elllornllo 110% F Badge pan Foil Kit-k - i! Franklin 4% Gflflll Lake m Goldnle floollflah 15% Graham 41,5 (lrlllllllla 1n Grnndoro 10 Greene g; (lunnar 9d Hard lfock (N Barker Q l-Illinger 15 llolncainnd ‘i515 owcy J lif Fons 52 ' k I1 44 Kirk Lake 4g Lake Sh 54 Lama Cnnt 8% Lebcl 201,5 Lee Gold 3% Little If L 890 llncaaen 3m .\1nu East . in aplo L 1.1 McIntyre 430g ltlcklnlev 155 lilchlillnn 7% ltfcvlttic . Mclvntlerl 12.1 Ql- on my; lflu Corp 12.‘- Mlntu 7'5 Morris K Murphy ill, Nlpissing 240 Nornmln _I\ Nor Can 33 Olga Oil mil Omega 01% Pamour 4.7.’- Paylnnllter 7715 Perron 135 Pet Cob ll Pick Crn 500 Premier 2.10 Pros Air Que Min 0i Read Auth 21.1 Rod Lake ' 110 Reno Gold 115 Rocha 7% Royellfe 54% San Ant 280 Iheflrlff. 112 llcoe 2H0 Sou Am m0 Sou Tib 434 Starla 95 s: AnLh 22y, nd Bella 400 ud Coat 101,4 ulllvan fylveniro 251 Illhota Took Hugh 455 use 420 Tobnrn 140 Ventures 221 Waite Alnu 101 Wayside 10% Whlfe liiag .110 Wilt 8e ‘Ht Wright K UNLIBTID If!) ">5 20 ‘We I00 (l0 114 26% l0 l"; 8's Is ‘f n71’, l‘ ‘l J0‘. C‘; fl-li T:

. ....._.,,,,,...... __._. .... ..._ . . .

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Markets At A _

Glance

(Canadian Press) Toronto and Montreal-Indus- trial stocks closed higher. Toronto Mines-Higher. New York-Stocks closed higher. Winnipeg-Wheat up 3-8 to 1-4 cent. New York-Cotton lower.

LIVESTOCK

(Canadian Press)

MONTREAL, April 1—Mid-week dulness swept over all sections of M \ 41.881 livestock markets today in early dealings with prices hold- ing steady despite very light offer- ings.

Receipts cattle 11; 115; hogs 402; sheep 4.

Cattle offerings were so slight there was no market while calf quotations remained unchanged. Common light V6015 sold at about $4 while plain to medium calves went at $5.50.

The four lambs offered on the sheep section went at $6. Bacon hogs, fed and watered, remained at $9.25, with the usual $1 prem- ium on selects. Sows were un- changed at $8 to $6.50.

M T’L. CURB

Plfllalll nml Co.

and sugar

calves

(Supplied by Members of llontrnl etnck ex- change and Curb llnrkel)

Stork: Open Leaf B A Oil 24 24% Dom More: 0% 01,3 Ford A 21% 2E1 Imp Oil 21:14, 2311, Int Peta 30% ‘no; Melchere i174: 10 SANUIUARY PLANNED

FOR NATIVE BEARS

VTOIORIA. N. B. W» April 1 — Sanctuary for Australia's koala bear; will be established on the Bil‘ Colin Mackeunle reserve near ‘here, as a result of fears the tiny atgnddy bears" are nearing extinc-

Tbe colony will be founded with lo-female and 5 male koalas from government, tected animals on Ibmah Island, Westmoreland Bey. A mrvey revealed the majority of native bears in Victoria stale are pow confined to two islands on the coast. Officials stale an epi- demic among the tiny animals is more feared than dcpredations of humans or animals. '

Because of the boat's suscrpti- blllty w disease efforts u» keep lném ‘in Melbourne coo have not proven luooellful. It is planned to remove some of the animals from the new sanctuary to the m m- periods of not more than two years.

LONDON-An automatic signal t: ‘car-distance telephone carers. warning them when their time is nearly up, will be introduced this *'".1\"rr by the British post office.

Stocks Push Forward Un N_YA. Market

By Frank MucMillen, Associated Press Financial Writer (By Guardian's Special Wire)

NEW YORK, April 1, — Quiet strength springing from bullish cor- porate news pushed stocks forward today on a. wide front,

General Motors was a prominent leader, advancing ii point to 68%, a new 1936 high and the best since late 1929. U. S. Steel was up 25/1 at 675i and- Bethiehem rose 1% to 577i. Midland Steel products ad- vanced 2% l0 45%.

In the industrial section the best forward movement was encountered, and in the Associated Press average of 30 such stocks there was a rise of 1.5 points to 84.4, the highest level of the year.

The average of 60 equities rose 1.1 points, the best one-day advance since March l7, to 63.3.

The greatest advance of the day was scored by J. I. Case which went up 10% points to 163% on reports that payment of preferred dividend arrears would be considered. Direc- tors meet tomorrow in Racine, Wis.

The Canadian list displayed buoy- ancy. Distillers Seagrum jumped two points to 27".- and McIntyre bounded 2% to 431;. International Hydro Electric Preferred ended up 2 at 12% and Brazilian showed ll one- point advance at 13. Others were ahead fractionally with the excep- tion of Hollingcr, oil’ ‘i.

Stocks of the non-ferrous metal corporations were boosted by news of European buying and the belief that the International cartel wolrd extend the production curtailment agreement another year.

The volume of trading amounted to 1.749.100 shares compared with 1,093,270 shares on the previous day. Although the session was the largest of the week, the total was still com- paratively small. _

Because of the recently light volume which limits l commissions, arrangements were ;_ made for the sale of a New York Stock Exchange seat at 8150.000, a decline of 524.000 from the previous sale.

Nickel, volume leader with turn- over of more than 3,000 shares, met late profit taking but held most of an early gain, finishing up it at 49%. Noranda was ahead about a. point at 53, highest in iiveyears, while Smelters spurted three points. Scanty shares of Distillers Sea- grams were absorbed rapidly at 28. two points better than the last board-lot sale. Scattered buying brought fractional gains for Can- adian Industrial Alcohol, National Breweries and Breweries Preferred. Seasonal demand was believed responsible for a bullish "rush that boosted Dominion Bridge, Canada. Cement and Gypsum lime fraction- ally. Steel of Canada preferred was a minor weak spot.