mnnuanir 16.19»

THE ‘Cnannurrauuyvgv __C_FUARIIIAR

‘ YES TERDA Y’S srocx and BOND Q U0 TA TION

W183»

iliiEii|lAY’S iiitiiiiiiiiiii luminous

Wednesday and Saturday Issue

IIIODUO

pITSSOII cwt

n", loose, cwt

M.‘ Slow Meats Pork C0005 Veal lb itonlt Fork “M, per (anti .. Fowl

imrk .- -- --

lfitl-iutge . ' iluitcr .. l‘rcn|n . .

Erna dos ... ....

Tlliuips 3 for .,, .,, 6 Cranberries lb . . . . .. ... 12 I]!!!

Dried Cod lb .-- ... 50 iineila lb _.. ._ ... ...... 10c

IV. Y. Stock Exchange

(Quotation tarnished by Jolfizllas

cBa

20 Util

(Iy Johnston and Ward's an.“ Wire)

uoaruuo unass- Luann

Naw roux, u. y, m». 1 h, market was firm yesterday with he Industrial section rallying slightly 1g the close. Price changes m the whole however. were liiirely nominal and volume continued small. Tho bond market was strong at tha close with llfllllnd in the hgh grades particu- larly good. lha ndustrial lat has i'°°°'°l‘°d "lily to the level reached an the rebound from the first; sell-ctr in connection with the Gold Clause loarc. Further pro rcss from here is likely to prove dlficuit until the Gold decision is out.

Inidiaw and Company.

SUMMARY NW YORK, N. Y.. Fob. 15—-Goid rs quoted in London market at 112a 81/51].

Car loadings report to be issued ar- ound 11.30 u. in. today.

Daily average volume of reserve

"06 hank credit outstanding tluring week

ended February Iii was $2,407,000.00“ up $4,000,000 over previous week, but $142,000,000 loss than like neck a year

I80.

Jud c Alfred (‘._ Coxo signed o dar provla onally approving re-organ sa- tlon plan at‘ Paramount Puhiix Corp" plau will Inc submitted tu stockhold- orn and r-rctlliars for approval and ilgnlu he refcrrcd lo tho Court of March 28th.

(folumbiti Gus and Electric Corp and subs preliminary report for year end- ed Dec 3i, 1034, shows not income equal to 24 cents a common sham lif- ainst Ill cents a common share a provious year.

New York Slate Assembly passed

c the $204,000,110 Budget Bill by a vote n

2S b now becomes law already having been approved by tha Senate and does not require the Gov- ernor's signature, program includes increase in gasoline and income taxes. I). J. Index 58.70 up 0.12.

High Low Last Up 30 1nd 108.31 102.56 108.06 0.86 20 ltails .. 32.78 32.45 82.01 unch 40 Bonds 06.86 0.26 lligh Low Lin! Off 16.72 10 64 10.64 0.06

Brokers‘ loans weck ended Feb. 13, totalled $023,000,000, increase 830,000.- 000 over previous week.

. Dow Jones.

[MARKET GOSSIP l

i

‘ARON

MONTBIIAL, Que. continued its

narrow range in yesterdays session. Currant inactivity is abnormal and cannot be maintained indatinltsly,

IAII

Feb. Ill-Till

on the upside which could start with- issuel s

in tha neat few days. In addition to the g!‘ tad {or accumuls ' on eactions a est that you add Atchison. Buy th s sue at the markat for s five point rally. A taw panny issues were soma-

what aetlvs In yesterday's , u most oi! the mapor golds hardly sp-

ha golds are becoming gradually sold out to accumulate and it is not impossible that the sta is set for an advance oi! at asst mediate proportions.

bring inter-

Banon. BAKING LITTER

NEW YORK, N. Y" Feb, li-Wheat closed s, small fraction lower corn a small fraction higher, while December cotton is 4 points higher, I look for higher prices in them before

Industrial averages went repeatedly stated expect to sea them 16 points higher daring the asst six or eight weeks which means that some stocks will do ruucb morcthsn that.

» American Foreign Power 7 percent pfd closed slightly higher than rs-

l!

ther advance. Tho Company coma out with a very favorable announcement

Aathhison gave you one more chance to buy it below 48. closin sl'ghtly higher. I expect a l0 to 1 point rise

soon. Western Union is v-ery cheap ar- ound 28, would buy a little. Fairbanks Morse made a new high fon this and inst year 20%, closing at 20%, still a purchase below 20.

In short, l should net b surprised d y’ small closing rs was the f an -extend\l advance

h, as s sled shove, should last tor six or eight weeks.

You can still buy General Electric around 23, Westinghouse below Allis Chalmers near 10, Radio B plftd

g .

National.

Harv-ester near 80.

near I50 and I continua

Dupont, Case Threshing, etc. Baring.

DI

llnctnstlans in a _ probabilities favor s moderate swing .

“_.

geared nu the taps at all. Signs that .

and .

ng. - Stocks were again inactive, butnthe ' I Q

higher than yester ay, to 103.21. As _

terday. and should be h d for s_ ur- -

I Australia To

Investigate"

EXCHANGE.

(Canadian Press)

MONTREAL, Feb. Iii-British and foreign exchange in relation to the Canadian dollar as compiled by tho Royal Bank ct Canada closed today as folowa:—

Argentina peso .2581.

. Australia pound 3.0007. Austria schilling .1804.

. 6. ' China Iiong Kong dollars .4456, L roae 183.

and Ward members at the real Stock Exchange, Montrea Curb Market. 156 Richmond Street Charlottetown). G RA IN Wm“ Opened Last ggw 703K = - Air mu . ii , g Allied Chem 137V: (Canadian Press) Ailil Willi!" 17% (Johnston and Ward) Ail fir! 24% (‘FIICAGO, Feb 15- Amcr (‘an U993 Wheat:- Am (‘nr round 10% Iligli Low Last Am For Pow . l: 91“ 9a w Am Loco ...‘ . May ... Am Pow Light . 2% July ... 91W. 81:2 90K am .. 13% S0119 80% 877s 90 Am 357i 00 M“ Am Ala ... 5h bill/a Anaconda Cop . 77 Atchlsorl ... a i bl 44 41% 28% WINNIPEG, Feb 15- 10K: Wheat,»- 1M‘: filth; High Low Last 13% 1'1 May ... ... ... ... 83% 825$ 88% n1 Jilly soy, s2 82% sou Sept Pom Sou’ . .. . £14: t rung Na ra ... ... -~ On s.—- (‘hes Oitiu -' ay 4H4 4M3 41% Filit- Nrrftil . 4% July - 40% 40!‘: Wk Vary-slur Mot .. Mill/s Sept ... ... - lhluuib (‘nril .. 751i: D1 5% -—- 3?.‘ l ll MT ’L CURB 01 . 33 ilj W (Johnston and arrl) Stocks Ofirned Last Light . l-‘irst Natl Stores Abltiiii .. ... 150 Fret-port Tax ... lira Asphalt .. 115 lien i-liec Bcnuharnula M's lit-n Foods Brow Corp Coin 37s um liot Brew Corp Pftl 19 tuna ilust am Amer on 15% lioodricis Ru git load ltub . is 100 imp Tcb ... 1 l3 lntl Pitt ,. 30 30 Meichrrs A . 0% Mitchell Itob 4v. 4% Norandn . 327.’; {i300 Tecir Hughes nus 807 Walker Good . {l0 32 Walker Good pf . 171/5 17% Walker Brow . .. 371i 8S0 Wright I-lsr . . . 87h 87h

Natl ills ... l\_stl Dairy Prod .

Natl Pow Light . MW liaron New Y/tflr PM,

Him (‘n . . . . . . “imliily Vac ... lit P

hiliid Oil Cal ... . fltantl Oil N .1‘ ... ltawart Warm-r ... . ialitliilltll’

P.

lyllsarllsn’: Special was) Mhmvonx. m. 158mm!

. or ‘Iiony Can- mwi. toma- min he champ- I m‘: iaeelyfilaansanarimaat to um". ..-..",' v fi . ' Q OW 0f G

GLENFANNIN G SCIIOOL

The Ioliowing is tha standing oi Gienfanning School tor the montb o! January:

Grade VII-l, Helen Landrigan

and Tcllth Rice; 2, Raymond Rice; 3, Ervin MacDonald and Bernard MoGillivray. .Grade VI-l, Olivg McGiilivray; 2, Gerald McGillivrsy; l, William McGiiiivray.

Grsda III (Sm-l, Oyril McGiL-

livray. 1

Grade II! (JrJ-l, Elmer McGii- iivray: 2, Rnnsld Lsndrigsn and Russel Rice.

Grade 11-1, Peter Rica: 2, Ver- non Roche.

Grade I—1. Ruth Lsndrigan.

Perfect attendance - Helen Lan- drigan, Ronald Lsndrlgan, Bernard Mtxiiilivray. Gerald McGiiiivi-ay, Vernon Roche.

Margaret Revilie-‘lwachar.

LOWER MONT-MIDI SCHOOL

The lollowins is the report at bower Montague School for Janu-

ary: Grad; X (al-i, Waiter Jsmlesnn; 2, Parker Aitkan. r Grade I (bl-l. Iouiaafllwitt. Grade Ix (sl-i. James Vilma; Iylaleen ‘rsylor. - =" Grade IX (bl-l, Wands Molar- lanc; 2, Ralph Ooulson. _ » Grads VIII-l, Ruby Vstcbsr; l, Louisa Helical-nay. .

Grade VI-l, lraest Annsar; s, Ids liidmunds; a, Stella Jsmiesosa... Grade V-l, Levis Boudrssalt...

Grade IV-l, Charles Aithsm l, Helen Mcxeamay; l.» ldna 0

"$3511."... ami- Pools: a, am

Aithsrr I lamest Jsmissm. . (Is-ad's r'_<s>- . Barbara Vstahsr;

-M11_v1_1vc

(Osnsilan Press)

'1‘ N170, Feb. lo-Jnnsrest in tha gold stocks o! t-hc Toronto exchange list expanded today with the bil I0 d issues loading an upward trend. The morning session was pretty much a McWaitcrs-Godu lake attsir, these two stocks trading in heavy volume on a price advance that. was only partly bald, but the afternoon wits nessed s broadening oi! the demand for shares and gains were general over the hoard at the close. The close was practically at the day's top. Volume was better than tha rscent aver-Inga, 52,000 shares changing

an s.

Hoilingar was the big trader in the high-price gold group and it closed unchanged while Doms gained on small turnover and Lake hora added lb cents. McIntyre I1. and _ k Hughes gained to 8.00. Bralorns sagged 8 cents and Wright Har- greaves closed unchanged.

Base metals and silvers wars steady and slaw. Fslconbridgs added 5 and

Noranda cents. TORONTO, Feb 16- Stooks lJlosc

a; 8.32.32

I

dg-gss r125

Francs franc .0061. lrest Britain pound 4.8541. rlolland tiorin .0773. uiungary peagc .2088.

ndia rupee .3705. Japan yen .2800. New Zeaiand pound 1.0300. Nonway krone .2455. Poland sloti .1902. onth Ara-lea pound 4.8012. ‘Sweden krone .251. . Pwitserland frntu- p251. United States dollar 3-18 por premium.

Closing cxchan rates:--

At Montrcal- ound 4.88 1-10; U. S. dollar 1.00 8-10: ftt1t|c_(l.d1.

At New York-Pound 4.81%; Cun- dollar 9i) 13-10; franc 0.50%. Paris-Pound 73.85 cents; U. S dollar 16.15 francs. dollar 15.15 trance; 15.18 francs.

cent

adian At

Canadian dollar

In gold-P ill 6d; t: dolitsr 50.27 33.111; U‘. S. dollalrfubllizitil can s.

NEW_ YORK, Fob L's-Foreign ex. change steady. Great Britain demand high 4.81%; low 4.87%; close 4.81%; d0 -d hills 4.80%; France 0.50%: 349i nfiigium coins; Germany

40.11; Canada on 13-10. .

STBBKS Sililil

FIRMER TUNE ATNEii YIJRK

(By Frank MlcMllienl (Associated Press Financial Writer) (A.P. By'Gnardian's Special Wire)

NEW YORK. Fab. lo-Jrhe in- dmtrlal stock list came to life to- dlv and stared a lair rally, but selling oi’ utilities dampened some cf the earlier enthusiasm and not all gains were fully held.

Bonds were steady with a. good "lldemlw crammi- Commodities

was considerably stepped up in both securities and staples.

The (“Y's grist of pews was of mixed character. American Can re-

,‘ poi-ted 1934 earning equal to 56,72

a share compared with $5.04 in the previous year. and Owens-Illinois class announced an improvement in not to the equivalent oi’ $6.41 a share in contrast with $4.88 in 1933.

Sugar stocks continued the rise inaugurated in the previous ses- sion. American Sugar Refining tak- ing the lead with an improvement or: points. while South Porto Rico and Great Western were nearly a point better.

Strength in distillery issues feat-

ured the Carmdian list. Hiram Walker dvanwd more than s, point while gains oi fractional proport- ions occurred in Distiilers-Seagrsms and Canadian Industrial Alcohol. Amongst Dominion mining stocks, Dome Mines improved a point. tn- tcrnationai Nickel, McIntyre-Por- cupine and Non-ands were up ire-c- tionslly. The market was broader and more active than ior nearly n month. Turnover in the stock exchange ag- grcgstcd 726,482 shares. ‘Fae Asso- ciated Press average for 80 stocks advanced .3 oi’ s. point to 36.9. The indmtrlals used in the average were wars up .0 o! a point to 54 5.

HIQI-lfivafité; HR?

Dom ma} . Home Oil

=>§~a*;'§§fi

' IINLISTED i“ Aidartn . . . .. 1 a“ s, Jsan Oouison: s. Archie catharsis. 3,,

Grade I moi-h Lois Steels; 2 m a lilswnrth ldmun ' 4 ‘ Grass r (oi-l. usrssrvi Pooh- 2%

found a. friendly ioliowing. Activity n

Investigation into one of the minor mysteries of tha. high seas, the "now-weTe-sinking, now-we're. Ill-I'll!!!" messages from the schooner Seth Parker, has been or- dered by Pocmier J. A. Lyons at Australia. The schooner with Phil- lips Lord, radio entertainer, aboard,

called for help again and II.M.A.S. Lord known to radio listeners as Australia, with the Duke o! Glou- “Seth Parker”, which is also the cestcr, third son of King George, name oi’ the

“.9¢:h‘ Parker” Messdges‘ '1 "~

*""'i.\W\IIi1'F

schooner shown in

W“ 119F011!!! rushing to the aid of (5). The S.S. Monterey, which is

the sailing ship.

above shows: (l) the cruiser Australia; (2) ILILII. the Duke of Gloucester; (3) Phillips

The photograph prepared to nld the schooner" is Australian shown in (4).

Premier Lyons ls ‘siwvm inset.

. Currencies

(Canadian PHI!)

MONTREAL. Fol). 15—'l‘i|e 'pniiliti stcrllitg dccliiwti slightly on Montreal foreign exchanges today while thc United States dollar gained fraction- ttlly and the French franc remained unchanged. The pound lost 1A of n cant at 54.88740 whiin tho tioiiur was quoted at .'i i? of one pcrccnt prem- ium, up 1-3;’ oi.’ one [lerct-nv. The franc continued at 0.01 ceng.

NEW YORK Fob. lfy-ilmttuilg cur- rencies hold unchanged to slightly lower in the foreign exchange markets today. Price movements were narrow.

The Canadian dollar cimtwl up an curly loss to finish tho day unt-tiung- t-d at: 3-10 discount. Sterling was of! ‘b’. at $4.873! whilt- the French franc closing at d. iilfcents, showed a loss of .0015 of a cent.

Mark ets A t A Glance

(Canadian Press) Toronto and Montruul-lntlustriai stocks closed ltigltvr flloronto hIilii'll~|l‘.|i{\lliii‘|] higher.

New York-“Stta-k slightly lilglicr.

Winnipeg-Wheat closed N; to , igltrr.

Now York-Gotten and sugar hlghcr; rubber lower; coffee un- changed.

CARDIGAN SCHOOL

The tfollowlng is the honor roll of Cardigan School for the month of January:

Grade X (Sm-l, Hilda. MacDon- ald; 2, Stella. Sullivan.

Gracie X (JrJ-l, Rita Sullivan; 2, Edit-h Agnew; 3, Gladys Red- mond.

Grade VIII-i, Teresa Murphy; 2, Joan Agnew; ll, Rita Murphy.

Grade VI-l, Tillie Maclntyrc; 2, Kathleen Ryan; 3, Henry Shepherd.

Grade V—1_ Bertha Sullivan and Marlon MacEachern; 2, Rae Vick- erson; 3, Frances Murphy.

Gmde III—i, Pctcr MacAu1ay; 2, Billy Agnew; 3, Bernard Reymond.

Grade Il-Bernaclettc Campbell and Urban Sullivan; 2, Jackie Mac- Donald; 3, Helen Ryan.

Grade I (SrJ-l. Dunstan Mur- phy; 2, Teresa Ryan and Pauline Maclntyrc; 3, Arthur Ryan.

Grade I (JrJ-l, Rita Redmond; 2. Ernest MacDonald; 3, Leona Mac- Donald.

Perfect attendancc—l~lclen Mac- Auisy. Reta Sullivan, Edith Agnew. ciaude Brothers, Roman MacDonald, Joan Agnew, Leah Brothers, Bertha Sullivan, Marion MacEachei-n, Frances Murphy, Bernard Redmond, Urban Sullivan, Bernadette Camp- bell, Dtmstan Murphy, Ernest Mac- Donald.

Louis B. Gailant-dhdnclpal.

Florence MacEachcrn-Assiatant,

BELLE RIVER SCHOOL Report oi Bella River School for the heir year ending January 31: Grade X — l, Daniel Bears and Goodwill MscDougall; 2. Alice Compton: 3, liithel Jardinc. Grade IX-l, Helen Compton; John Riley; 3, Albert MacNeiii. Grade VIII-d, Edwin Bears;- John Cook: 3. Mary Jardine. Grads VI-l, Jamie Nicholson. Grade V-l, Alexander Skinner; 2, Margaret Cook; S, Edith Oonip- ton. ‘ Grade‘ lV-l, Christine Nicholson; 3. 90°"! l. DNIQI 992K-

2» 2

01

~Mt ’l. S to ck Exchange

(quotations r... ‘ ll! ~707"""-°l and \Vnrd members or the illnntrctvl Stock Exchange. Montreal (‘orb Mus. kct, 15B Richmond Street, Charlotte- town.)

llcil 'l'-‘i .. . Iirav. '1‘ I. l‘o\\' .. B t.‘ Pow Ii It (f Pow A Brock Silk .. lluiid Prod Ilrouze ..

Con Pnc (‘ocksbut Plow

(for Smelt . . . liryrlcn Pap .-

DOIII Briilgt- . llom Cal l'i‘tl ilom (lines (‘trill .. llom Nicol (‘uni ii

linssoy Harris airfoil Front Oil . Moat Pow .. Null Ilrow .. Nut Stool (‘or ..

(Innhuv l‘t»\\' ... ... . . . fir. Law Pill ... .. Slut“ initznn ... .. .. Sanllt (‘an i‘u\v Staci (‘o (‘nu (‘om

Wail (‘pt , BANK‘!

(‘twinmcrco ... . . . .. . . 10G Montreal ... 1pc Nora Scotia

“ill” ... . liiSli ilank of Canada . 55!!»

LONG CREEK SCHOOL

The following is the standing or Long Creek School for the hali- year curling January. 1935:

Grade X-l, Everett MacFadyen; 2, Lt-mgiiie ‘Primer.

Grade IX-l, John Turner.

Grade VIII-l, Annie MncKomlg,

Grade VII-l. Zclla. Stewart.

Grade VI-l, Mary MacKcnzie; Cecil MacKcnzlc.

Grade IV-i, James Hepburn; 2, Joyce Stewart.

Grade II tar-J. Wiina MacPhnil and Phyllis MfiCEilCllflfll (equal); 2. Ellccn Maciienzic.

Grade I (bl-i, Leoti.

Grade I ta)—l, Hanna Turner; 2. Albert. MacEwen; 3. Edith Mnolgod, Grade I tb\~1. Edna MncNeili.

Best attendance - Wilna Mac- Phali and Hanna Turner.

Percentage oi attendance-I'll

Average daily RtiQDdilhC0~li

M. Banach-Teacher.

o

Wendell Mac-

Grade III-l, Doris Miller.

Grade II--l. Christine Cook and Kathleen MecDougali; 2. Marjorie Nicholson; 3, Russell Compton and John Skinner.

Grade I-l, Catherine Csntelo; 2,

Kathleen Compton, Gordon Mac- APPRENMCI IVANTID ‘l0

Kinnon and James Compton, James MacBeth-Tescher.

rt .x_,trstr_iat please coiiyi- ‘A

‘ilk

t ‘final bell.

MONTREAL EXCHANGE

(C.l'. By Guardian's Special Wire)

MONTREAL, Rb. 15——Troders on the Montreal Stock Exchange today paid little attention to the better tone in wall Street and aside from s. small increase in demand short- ly before the close the market con- tinued a. drab affair. Listings man- agnd to recover a. number of early losses late in the day, however, and gains were in the majority at the

Specialties, which have held the attention (‘i traders for the past several days and have served to save the market from presenting a completely uninteresting picture. uvre subjected to pressure and surrendered a portion of the week's gains. The main market leaders, aside from International Nickel which reacted to rumors of discov- w-y of gold on the property and

‘Miscellaneous g

(Canadian Press; IWONTREAL. FM: 15— Wheat nor no ‘-' S0.

Oale fecd no 1 44. .. Flour spring wilt-at patents first! $5.30.

Flour hot-nails H.110.

Flour linkers $4.1“). / ,

Flour winter wheat patents choice

$4.40 t0 $4.50.

Flour wliito corn $5.80 to $8.00,

Bran ton $20.m to $37 Shorts ton .2 "5 to Midrilinga ton 0.25 to ltoilcd oats bug o0 s Ilny no L’ por» inn var-lots (liiocsc no 1 Ont fail 111,3. Cheese summer 1:1- Butter no 1 25 lo Alt. v Eggs in cartons A 1 large M. l-lggs A 1. medium 32.

Eggs A 1 pallets 3i.

Iliggs A Iiartrn 20.

Plugs A inorlinnl 20.

Eggs A trailers 25.

ltiggs Ii largo 21.

Eggs B medium 20.

ma. $414.50.

.'i.

l-lggs C 1i). Potaitoca Quo whites flYs M-OO N B and P l} I 80'! Gil-M. I’ E I 90'! 05-70. A PRODUCE A

(Canadian Press) MONTREAL, Feb. l5—l’ric flggfl “TF6 slightly strong-er o ‘hlontrenl dairy and produce mark today, unchanged to a. cunt high than yesterday. Graded ship ts ' cariots 0r less were 26 to 2 cents a tiozcn tor A large, 22 to 23 cents to! A medium, 21 ot: 22 cents for A pulh leis, 10 to l7 cents for B and 15 confl for C. Receipts were 1,200 cases. '.l‘ho butter market continued stead! at 25 to 2.11,; vents a pound tor car- lois or loan n! No l. grade. Solidi brought 2a contra a pound and prints '.’7 cents. Arrivals totalled 44 boxes. No 1 Ontario cheese, fhll make, vral quoted st 11% cents a pound with slimmer lincs at 121A cents, Offerings were 50 iioxca. _ 0n the potato market Quebec whites in 80 pound bags sold for 5 in 00 cents with New Brilnrwirirs and Prince iltlwnrd Island mountains in similar quantities at (iii to i5 centl. Prince Edward Igiands in 00 pound bags brought (i5 lu 70 cents. .