wxw!

p; stocks was halted by weekend

i: constructive. ~

Earnings

Grain Market”

w1,\',\'il'li.‘(], Mum, May 7.—Reports _ _ _ _ moisture over United States winter Greece drnchmii. not quoted hcnt ilEllllll Eng: fiilgiehflfheljvflvvvl Holland florin w l ' . fimkl-citl-‘iin whcat Drlcesgave a routiiic atmosphere to.tho short week cnii ses- nm, ngt-iéotgziafiwPl-icea closed uu- Jam", yo“ _ i.‘ . ‘hill’; and July eucli were unchang- ed iit 01% to 03%; respectively, 0c- [oher dropped 1,5 to at 05 ._ ,'0 export; trade con d be traced. Broonihnli announced the urchasc snug], Afrp-u u an additional cargo of Australian spnin pest-tn wheat by Russia, No confirmation j rollltl bc inado of New iork reports ' m; m» for exportto-Rusals had been contracted. for. Stocks of rye in all positions in Canada amount to ap- proximately 8.500.000 b . can. wheat, in spasmodic trade NEW YORK, n1“- 7,__laor,.|,_-,, riosed unchanged to (rflctlonliliy bixh- change flrni: Grant iirltzilii in dollars, rr. Tticro was s good inquirv in the otiicrs in cents: Great Britain 3.01114; rush conrso Brains section for Can- France 3.04 13-10;. Italy 5.15%; liti- ggurrn 14.06; Germany 23.80; Canada totals

man rye presumably for Russia but at the close no‘ sales could ho con- lrined. (‘nah ‘nterest in other grains n: light; with‘ prices moving within lllilffulv range. »- -

...... , Miscellaneous _

“Wheat-Mn! 01%.‘ July 03%, Oct IL

4 5-, 2 Z flllistrnck 02%; no 1 dur 851,‘. Oats-No 2'c w 341110 ii c w 31:0!

17k‘; i-cj 20%: truck barley-ii row ex 3 c .\v 4 er 3 c w 41%: other grades: iii no 4 c w c w 33%: track 30%.

med radical cha triion policy ‘was likewise virtun iy .._

i=-~=itoit

Lg” H Ii-

, MARKlZTlOSSIP

.I . ‘ , m 2:: ‘Iiflgolofin Associated Press

I

losake and Ohio closed iirml . - Y

0BR, May 8.—Altll0lIIll the k U J

made by the o

if hour and again at ths clo|e.- these reductions is whether

Pressure gull now be br ht i"! Dfces or whether geuniewedo

ialy in indust- the rule. Rsllyhowever, held quotation schedules on tlnishe I.

u, Sales totalled 080,940 shares. erlal my" fractional dealiues for Ameri-

Teleiiilvfll - teci. General wnar run srocx 11A “gm-p; Casfand Woolworth were Bxfifhmn xceedctl 51a law stocks, ia- Number of advances ... _ 14"

.4‘, ... 110 s1

American. Can and Allied Chs- “Numb: r n 1| m, the other ‘hand, Santa Fe, Stocks ruiichaiicgeileuu, 1 Pacific Delaware undHud- Total issues traded '. 41d

Brnsil mllréis‘ ... Bulgaria lev not. quoted

Czechoslovakia crown . Denmark krone .__ , Finland iinmiirk _ France franc . Germany reiciisuinrk (ireat Iirtain ‘pound

WINNIPEG

Hungary peugo quotcd. iiidia rupee ... ,,_ ... . Italy lire ..

Cl‘

u

Switzerland franc .

“"18" EXCHANGE

Ont any-Fats, July 3;»... ot-t 20nd ‘NWTRFA, l...‘ ,,__B g ¢ _ B-\'|"3'_M"7 30%‘ July a“; o“ 34% ' nduinmvcstervihno‘; hi, Oilrillilflgflllilildblfl western no fl 40, oats feed no 1 flour secrlimls $40,‘ flotur tbnlltfr: . ' ‘ fl ' a en a s n , “mi-kn 1 mm‘ My‘: n” 1 “m- flglil::\l'1l‘lli'l>¥“\\'elil0fltp patents cholcc w‘ !"’ '-' W“ “m”? “°'3'““"“‘ m‘ 2.80-2.00, flour white corn‘ 4.50. “"1 ton 2:225, shorts ton 232.1, rniddlings jinn 25.2.1, rulicd oats bag Sillppioiipnglis 2.70, h , 2. ton nnr o s , Lin“ 3" m’ 1 he“ my‘; P“? teed ‘ rncr mlilrcnii’! toplzif, bntterlno 1 flu- 34‘ ‘ ,, cheese current make 00%, cheese sum-

Fykn a3“: i-at 17%, eggs fresh ancciaisiin cartons

- n

"P "e ° c l" ‘W1 "° §i-g.°"r'§§.ii'§i'e'..'l‘"£i,"‘ital’; ri‘.'..'i'.‘"i'i..'t‘.; 20, potatoes notfl neyv éflolridns pounds 9.00, potn nos o d ue lNL‘ 1v - mucAoo es 3049 iiotatoes old Que and N. B.

"UCAGO. M‘, ,,___Guld’d by ha? green mountains 40 50. harinr of the New York stock market, rain rrilnes late today reacted from ignored. , tilrances. and ended with losses. Wheat closed ‘lg-ii’. under ycsterd ys

Paris dsspatchss comparing tho ali- finish. corn ‘iii-l’: 0". oats V445 naslnaiion of- Prasiderit, Tlmimcr to and provisions at two cents to scvcn the nssnssinut’ .which stnrtcd thc advance. ~ treat war failed to arouse ney buying of wheat. despite. positive statements that Dounierfiu assassin belonged to tho wzuifirgoishcvlat forces. Word

IJAHfl CLOSE \-

im 5 40%;; no 0- 44%

l!

noivnsn wuss-r

e u n-governnicnt had do- iilav ... ,.- ngeil in its gr in an? ... ... c

a u v IN an .ECTRiC itEiIRiGERATCJR

MMEDIATELY. . . . as soon as an Electric Refrigera- tog flu-“Jggving you, it will start saving for you as well. You williiud that costly food waste is reduced. Left- overs, usually thrown away, can be kept safely and made into appetizing dishes you’ll be proud t0 IHW- Y0" W!“ have shortsrfood bills, longer menus.

Wily not take A/dvantago of our special Refrigeration Jubilee terms to make this money-saving investment. Drop inltod‘ y and see the new models on display. Qurspecial terms moire it easy to own my one you may choose.

on: Norfolk and Western and Ches-

a 5237.‘. "£5.5- 'i-i’°‘-“i'..”‘t“"-"i» °' P" p “m; esterdsy, the exlatenc- "n" msiiitaiorsntiis lillilgrbtttilfdtraglg? ill.

Some other steel producers I llow: his‘ an: wn- zilngltllootlealtisrlclplitpigl u. s. at»): Corl- , ' wa ea - we was a litti vsellillriil "i6 llfit-‘I- 0H9 qucstioia hrogughtqup ‘by

flitting will make its appeariincepbut . it was re td tb t litisa, and amslnet losa- were iieterpuilneed ttfinamtillliifnfi-“nr.

"I YORK, May 8.—‘!'iie United gtstes Electrc Power oCrp. for 103i yia consoldsted net income of ;_-mo_ equivalent to 2 cents a

‘hm Oil the common and class "A" m"; tnitstnnding this is comparable with not prnfltof 3.101.410 or 3'! cents ' "h"? iibsmiiis" 100.11.: for the am - ' ‘All’; of this 5.1-... is reported by MONTREAL‘ M" 5' (BY “i” CM’ 1"!" mum Rem orphan,“ Con“ Th“, adian Prcss)-—-Brltish niid foreign, $0,000. There were no prco changes. the M“ Wm mt income o: a 013218 exchange in relation to the (‘niinaliun| fmfi m," l 5mm, on u", chm‘. .'._\., dflllbi‘. n! CHIP-lull by the Royal Bnnk- the exchange was fciilurcd by good I" rm, ‘he “mu” Period m w,“ of Canada, closed today us follows:

111M15- ' 0.2004. Bonds and Government guaranteed

Belgium belga ... .- 0 80

Chiiin Hong Kong doiiurs not quoted (I i

0. A.

I 0.2m

United Slates doiinr 12% per ccnt prc m m.

Rich Low Cioilc N! M15 Fill-Mil, (l0 55V; M0011:

02-62%

Jnnn stocks was 42.3 as compared with

Siiielights

l

J4."

non-cumin, May s-voiom of trading fcll to an extremely low level in Saturdays‘ brief session on tho

day's robust rally ‘I carry through in Wall Street; during tho week cnd session and absence of anything in the nature or constructive news de- lo mcut surrounding the markets serv ng to further iucreaso the hesit- ant illtitudo of the public. The iocni list enjoyed a flrm prlco trcml with prico movements .of the narrowest possible variety. At tlic ciosc here in an extremely small list, in which turn- over totalled less than two thousand shares gains exceeding losses by three to one, wiillo tho average price of twcnt stocks iinlshcd unchanged. hi0 TREAL, May 8. (liy the (‘na- adian Pressl-lrriiding on thc liion- treal Stock Exchange iuckcd interest during Saturday's short session. Unly four price changes, inndo up of tlirr-c gains and one loss, were shown whilc IAlQSWVBIC at the iow volume of 1,013

I n- I

The lending issues moved in an ex- ceedingly narrow iliuit. Montrcnl Pow- er was by fur the inost active issue and closed unchanged at 271.1,, on sales 022 sharcs. iloininlon S-rldgc. .w|th 175 sales, closed up {it at 111,1, niid fiunudiaii Pacific was off ‘A, at 12-3,’, on sales of 140 shares. The other price changes. was in llritsh Columbia Pow- cr, up M, at 1115,.

0n the bond inarkct stiles were

o n

Bond trading not over the floor of [demand of the Dominion Government

issues of the Cniindinn National Rall- wnys, thc nvcrngc gain for these is- sues hetng about n point. A mixed movement wns noted in llrlifliticini is- sues iluring thc neck. For Snskntciicw. nn, Albertans niid Oninrlos the mar- kPt “dis about steady Province of Quebec bonds were strvig with limo offering. Thcro was ilitic news on tho Manitoba offering. (‘orporation ls- sucn iontlnucil rather quiet. Cnnadn (Yvlllfllt bonds. which had boon hold- ing around RS (n 00 worn inclined to rag and wort- quolctl at tifi to 70

5i"\'lliitr "l'.""<i at $411M’ and linit- ed Stnics funds at i1 prciiiiuru of 12% pcr cont.

PRODUCE

illON’i‘ill<ir\ll. May l. Bulky exports of choosc to thc Liuili-ii Kiiigtitiin con- tinued lu bc tlic ‘fciiiuro of the pro- iiiicc niid dairy iuiirlicts here last week. Shipments in dnto this season, which is tiirce weeks old, amount to 10,001. boxcs against 7,tlil‘.i to tho sanic date a ycor ago. Last weeks ship- iiiniits worn 4.05;: boxes gniiist 2.487 in the corresponding week of lust year.

Rccciivts of cheese herc last week were -1.802.boxcs. Tim prTre at tho wcek ciid was gcnrnliy around ill-Zr coats por pound for current innlze with asking prlccs for this week's ar- rivnln up to 9% cents.

l-‘irst butter exports to Grout Brit- nln for thc Hlilhllliil ucnt forward last wick, ‘J40 boxes having bcou soiil soino tiiuc ngo-dtiring it brcnk in the liiarkct for shipmcilt now. Receipts continual slightly less tiinn tho do-

as stocks on hnmrnrc very light. Ar- rivals worn 0.071; lioxcs. The uiifikct cndcd thc rvcek gcnerniiy at; 17% ccnts per pound for cnriots or lcss of no 1 quiiiiLv. llcnlcrs expected an casing to the export lovci around 15% ccata pcr pound as rricipts increased.

'l‘hc egg ninrkct closed generally n:

li/l t0 18 cciits per dozen for extras, 1.‘- ct-nts fut‘ lz-tisi unii 13%| cez-ts for thc seconds, for griidcil Ontnrios or prairies on spot or for shipments. Storing of eggs continued to n fair extent, receipts being more than ciir- rciit needs. Arrivals inst week roflal- lei 22,003 cases. THEN! iinvs been no exports yct this season.

SUGAR

NEW YORK, May s-itnw '~ rpiict yesterday uiid in the of business prices “'03s uiic 1.58 f-ir spots.

Tim undertone, hovcv-zr was stead- ier, and thero nppcnrcil to be nothing firmly offered below 2.60. It was rc- ported that into yentcriluy another lot of 27.000 bugs of Philippines sold to an outpurt rcfiucr for Juno July ship- incat at 2.04,

Approximate sales 15,500 tons. May closed 54. July 0.1 Sop (i0, Dec ‘l0, Juu 78, March S2 and next May S8.

Refined supir was nuchnngcd at 3.75 for flnc granulated with a fair cnnulry rcportctl, although still lim- ited to nearby requirements.

lll§".l‘ Wilfi

COTTON NEW YORK, May fir-Cotton futures closed steady. Closing bids: Jan 031; Feb 030; March d-iT; April ul; May 574; June 07R; July $4450; Aug i502; Oct (i0 08; Nov 014: iJcc 02".’. Spot closed quet. Points 500.

LIVERPOOL

paints higher. American middling fair 504, strict good xudding hi0, good mid- dling 4T0, strict middling 400, mid-I tiling 404, strict low middling 450, low middling 440. strict ordinary 429, good ordinary fiilii rcccipts were 5,000 bnics, including 4100 Anicrican.

Index Numbers

m»

OTTAWA May ll. (By ibe Canadian Prcssl-lin stors and tiudcrs weight- ed index numiicrs of security prices. computed by thc Dominion liureau of Statistics on tho hnso of 1020 equals 100, showed a fractional decrease for the week ending iliuy 5.

The index of industrial common stocks unis 51.0 as compared with 63.1 for the previous wccir.

The index oi.’ prices of tho twenty tlvo host: selling industrial and pub- lic utility common stocks on tho Mon- treal and Toronto exchanges was 216.8 as compared with 2851K

The index of domestic utility com-

The index o! common stocknwof com- panies located abroad in which Can- adians are heavily interested was 46.0 as compared with 45.1.

GENERAL ru-zcraic

itrqnano only sIQ DOWN -, aysanti-ro my

MIiltllll§l_,,cOlIIPlnYr UJ- ';

' ~ tot-ills

Fcflgianorrnrows, P. n. I.

Gas 8: Electric System

The index for all three groups of stocks ' ‘ was 4 .0 as

compared with 48.5.

Average weekly prices wcrs - lower

for seventeen, unchanged for four and

higher for four of tho twenty tlvo

stocks included in he traderr index

ternational Nickel from $0.4 to $5.8. Montreal Light, Heat and Power from .3 to 821. . F011 “A" from 80.0 to .1: Conlolida, lining and Smelt- ng from 830.1 to $37.8. iii-ll Telephone from 180.1 to 885.3, Winnipeg Electric from $2.0 to 82.0, Building Products from 815.0 to $14.1 and Canada Wire and Cable "A" from-ELM’! to 841.8. .____i___._.

MONTREAL, May l-(By the Canadian hull-dining ao- qalred the Canadian rights to the Baird and Jenkins tele- vblon systems, the Canadian Teievidoa Hiultcd plans to 1n- stall broadcasting stations in tho principal cities of Canada.

srocx

iiontroalliaritat Eillilill. iiliilililiiill

incstlu rcquirciueiits leaving little or none nviiiliiblc_ yct for export trade

BUY GARDEN GIT! BUTTE! in 10 lb. lots 03.10. flflfl-b-B-tf.

FREE! FlllEi-Onedlfle colored slass Mixing Bowl with each ninety-

iocnl stock cxchango failure of Fri-lash‘ mund- ‘Fotton b“ Rnbm 899d

Flour. aaaz-a-olsi.

DIALOGUES. Qulrtetics, duets, solos and readings by Charlotte- wwifs best talent in Boring Pork School tonight at 8 0'Cl06k. 2937-5-9-11

TllE ANNUAL MEETING of the Scewhiort i.. society will be held in the K. or C. Home. Char- lottetown, Monday, May 0. at 8 pm.

2820-5-74!

INADVBRTENTLY OMITTED- The following name was omitted from Model School honor roll pub- “shed Yesterday: Grade V, 3, Ross Down, ‘equal with Drummond Cobb.

SUCCESSFUL CAKE SALE-The

on Saturday under the auspices of the Catholic Women's League, was i: Brent success, a substantial sum being realzed on the afternoon sai- es. The high quality of the pastry, cake and bread was such that the entire offering was sold out at 5 o'clock.

POLICE COURT-At the Police Court on Saturday morning a case of unlawful sale of liquor was ad- journed for one week. A case of unlawful possession of liquor was also adjourned for one week. A man charged with an offence against. the Sanitary, By-law and another charged with being drunk and i- capable were both discharg- ed.

INQIJEST T0 BE HELD-Inves- tigation by thetMounted Police on Saturday resulted in finding the remains oi.’ an infant buried on the premises of a family in the eastern

was empimnelied and an inquest will be held on Tuesday afternoon to determine the cause of death. The jurors 1are‘Mesrs. J. D. Mc- Oloskey (foreman). James A. Brady, Roy Cudmore, John B. Muriey,

James Power.

PERSONALS

M‘. J. IieRoy Holman, Summer-

urclay.

Mr. George C. Hamm, St. John, is regkicred at the Canadian Na- tional. Mr. Hamm is the first guest at the Canadian National this sea.- son to arrive from Borden by auto.

Mr. John Kerr and Mr. L. M. Jones o1’ ‘Toronto arrived in the City last evening and are guests at; the Canadian National Hotel.

CHURCH SERVICES

THE BAPTIST CHURCH The preacher at the morning and evening services yesterday was the

The sermon was kieniy thoughtful,

i

itiaaunclaesdliere. Ii "-

v 1

Rev. H. R. Boyer, D. D., General

Convention. At the morning service Dr. Boyer took as his theme "Chris- tian Stewardship." There is a. deep bad growing feeling that we must commit ourselves to this principle i1‘ we are to have a fuiness of life

cake sale held at Moore 8a McLeod-Si

ND BCOND Q 02:4 T157?

+____—

M’ ' znzng Exchange WRONTO. Muy 8.—Final miuinc quotes: - Sales Stock Iligli Low Clo-so 1500 Aciue ... .-¢ . 1i 11% Iii-i 3000mm: _ . it)‘, 1% 1% 1% 0 G

3%

c: "1 H c1’\€€!$

3% 4

000 lifilil 1:01.] 14x0 liiiii vans 1:00 than. 0001i...

r . .i 1700 Prvliiivr _ 500 Quciiiviiit 2500 Siiriilii 300 Shut-rill 5 .

o Z f

n , . n00 i\'_\‘l\':iliiit) , 10in '1'. 100 \'_l

45 ~l kiinghes . . 34.1 (iii; .00 . , 21 27

lliiir ... . 1'3 i130

UNLISTEI)

New York Stock Market Quotations .———

|_..\\- tllilb"

1.100 Aliniia ... .. .- 1000 t‘|-n .\i:iii . S50 Eltliifiilll) 210 Ni 'ci l‘ 500 Kirk liiid 2000 .\iccLnd _ 7500 Pcn Pctu 1700 Vcuturcs

1000 Dom Expl ,... 4 500 Kirk ‘Fuwii .. . 101.’. 10'- 10000 hiiilrulili: . 5-. 1,.

Fish Quotations

-.____

BOSTON. binsm, May S.—'|-1ir-vt:n vcsscis nrrircd at thc tish picr hcrc yesterday.

‘VHOLESALE QUOTATIONS Largo cod 3% tovil; ccnis pcr pound

linddock 3V4 to 4,, llrike (HQ to 4i’ ' l“ 4'1":

Pollock 2 to 3 Lemon Soles 4 to i5 (tray Solos 4 to 5 Fiounders 3 to 4

Georgetown The many friends in Georgetown and vichiity will learn with deep

9nd 0g the mm A cormmcs Jury regret of the death of Mr. George

Lovers which occurred at liis homo in Georgetown after a short ill- ness. All that medical aid and kind nursing was done. He was honor- able, intelligent and sympathetic, s. fine citizen. He was a diligent read-

geol-ge McQugkL Arthur Henry, er and foilowcd the events of the day. Hc was '18 years old and up

to a. short time ago was able to

be around as usual. He had many

friends and no enemies, who will long cherish his memory. He was o. member of St. David's United

'5'“ w” 9' "15"" w the my sat‘ Church. His pastor. Rev. C. U. Mac-

Nevin, conversed with him fre- quently and always consoled him with the comforting words that in God's Heavenly home there would be a happy reunion. He leaves to mourn four sons and two daugh- ters. The sons are Rey. Oswald Lavers, Reginald and Russell in .Wcstern Canada and Herbert at home, Mrs. William Westaway and Mrs. Macdonaid, Sydney, two brothers, Andrew in Georgetown tfnd Dr. Frank Lovers, New Ross, N. S. Two sisters, Mrs. Owen, Hali- fax, N. 3., and Mrsi Webster, Dun- staifnage, to whom sincere sympa- thy is extended. His funeral was largely attended. A.

Mrs. Nora Glory and son

Cotton spot dull. Prices steady, lllsecre-Fary o: m9 Multime Bil-Pu“ Charles’ have returned i0 their

home in Georgetown after spend- ing the week end in Charlottetown.

Mrs. D. P. McKinnoii, George- Xtown, returned from Sturgeon after visiting her parents, Mr. and Mrs.

and a greatness of achievement. Lannigaii.

True stewardship is not to be con-

sidered only in terms of money, it- Rev. George Macdonaid. Stur-

involvcs a dedication of our whole being to God and His Kingdom. ‘rho true Weward holds his life in trust for Christ, holds endowments. possessions, opportunities, talents and material possessions all in truit. "We are not our own," ail we have and are of‘ God who asks our best, nor is our best too much. At the evening service Dr. Boyer dealt with the question "What makes a church successfui-have we it?"

inspiring and eloquent.

In the music of the day Mr. V. L. Dfngweil sang with deep feeling and intelligent expression "Mother's Prayer." The morning anthem was Oiey Speaks’ “More Love to 'l'liee." The evening music included Gou- nod's "O Divine Redeemer." and Steiner's "What are These?"

The Sunday School enjoyed its usual large and interested attend- ance. Among "the intimstionzi s00- ciai notice was given to the mid week prayer meeting for Wednesday at 7.80 pm. and the meeting oi the B. Y. P. U, on Thirsdsy st 7.80.

The very beautiful flowerslfor the daywere given by the Bovysr fam- ily, thevickerson family, Mrs. H.

goon, recently visited Georgetown the guest of Rev. O. Kiggiiis. A.

sofiius

We regret to leam 0i‘ the indis- pwiton of Mrs. James Paquci. nt her home in Soul-is. Her many friends wish her s. speedy recovery.

Mr. John MbLure or Albion Cross. spent Thursday in Souris.

Mr. G. R. Earle of Yiirniouth, N. 8., who has been promoter oi dc- vciopment work in thc fishing in- dustiy here since 1928, has return- ed to the Island in resume his (lUllCS and is at present in Souris. Mr. Earle is working under the Dom n-- ion Department of Fisheries.