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THE cnamlownrowu cuanman

PAGE rive

712s TERD. Y’S STOCK AND

j

B:0ND_ QUC 154 T!

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._k__

Town Party

* - 1 '7 M 1 s -k EFT 3‘ “- MARKET @055”: 0111M‘ ‘°* ___f ‘m?’ uliilml Market ctilnill liulnu|lilFReg""e"*"' The Montreal

11-1-

@ei Associated Press (37 h“ kggnllléwklill)

' ORK, An; 28-—A fresh NEW Yhuliiah enthusiasm swept "unity markets again and stocks. led by the ed oft a wegk or magi! a vances

"nwtilhgugilfgerstel! Nil!"- y "or number of securities reached new A; prices for. the year, Traders inclifiation tottga lllglglll

o in minutes o a a re-

; Rain ifilurpkcg but their scliing ord- m were not heavy enough to erase m earlier advance. Stocks closed with overuse prices, as measured in m Associated Fresh-standard stat- mic index, gaining 1.4 points to the highfiil. level yet reached on the “New mid on‘. a few points ha- {nw m», year's highest level reached

inst 11111 Sales

5 turdu)’ rliiiitics. tow

iii. "totalled 2,201,080 shares, the

day in tho late dealings,

Consolidated Gas, Public Ssrvics and United Gas improvement ware in 1. or more points while gains of 2 to as much as 4 points were made by American and foreign power, Elec- tric Power and Light and North American, The steel stocks figured in an early advance, but lost most of their gains under lath profit-taking, Th0 cooper stocks were strong, Ana- conda, Keunecott and American smelting gaining a point or so. J, I. Case went to a new high for the year and International Harvester was up a substantial fraction, The rails were

qu .

The weekly carloading statement, showing a gain over the preceding week of only 6,211 cars was some- what disappointing to investors who hud hoped for a more clearly defined reflection of business improvement, Tho week-end trade and industrial reviews were cheerful, Although most of them stressed the-fact that ex-

inygqsl Saturday of this month with _ h“. exception of Aug B. cept for renewed activity in textile The commodity markets furnished lines there were few indications of m “wings from which the stock improvement in industry, market drew its fresh supplies of lm-NIIJUIKWIIEIIT, What the stock market did: Adravices were cut down some- Sat Fri iyhciil in lho late trading, but profit- NIumber of advances .. . 440, 381 “king failed to niske much imprcs- humbci- of declines . 1151i ‘Li m," upon the utility stock, some of Stocks unchanged .. J00 I55 “m, rcnchvd their best lcvcls of the Total issues traded .. .. 721 703 c ' Mai-k t Paooucz WINNIPEG (Canadian Press) ‘C'"'“"“" rm‘) MONTREAL, Aug 28—Butter and

.i'i\'.\‘ll‘l-lG, Aug ‘if-Bulls regain- iii tim uppcr hand in lodnyhi short g-ppfflfllil wheat mnrkct. Incrcnscll irtiiiiy in the export ficld and a iiiiihcr level of prices at Liverpool [MP a moderate boost to values at ihc rliiii‘, Whcht closed steady $5

in all ihrco futures,

llwiriliflr closed at

55%:

571i: and May at 61%.

Bullish overnight crop reports and strength in stock, markct sent prices soaring early in the trnile, At one iiiiic when! registered gains of l"/a 50 11;, Failing for profits near Aha rinse, however, wiped out much of

Dec. at

this advance but fractional gains ircro wcil licld at tho close, * 1 houses confirmed good

abroad in the past 24 hours and pnntriliufcd to the strcngth at Ijrvrlilllll which vnis turn re- iiwicd in prices berc,

iii-aging sales were quite appreci- Ilili‘ i-iit tho recent ruins in the west ml-c undoubtedly reduced the mar- reiiiirs considcrahly and pressure on liiai account has iicoli less actirc.

lhpl-rtera lllifl ahippcrs were in the mnrkct. for all grades of cash wheat it nnclinngctl spreads hut offerings Ncfl‘ light and little business was imilrrictcd,

(‘iwh interests in all coarse grains i\'i'i.1 ncgilglihle. Prices in the pit were tfiFii-l‘ near tho close.

CLOSE

iviioai: Oct 55%; Dec 57%; May l‘. (lots: Oct 25%; Dec 2515B; M!!! 'i

,5. _,, . ii-nn-yi Oct can: Dcc sail; my

iiikii, (‘AHII PR1 CES

ivii :|l2 No, 1 hard 55V)? No. 1 nor- 5li,; _\’.\, 2 nor 51%; No. 3 nor 501A‘. x... i n. 4n; No, 5 421.4: No, o 311/1: Track 54%: No. 1 Dilrum 721.4,‘, No, 8 Duriliu

‘lY-iflfif‘, 0 row ex i! f‘, W, Zlii _ u fl i‘. ii’. fill: i\'o, .'i ('1, ll’, . if‘. l l: No, a c, w, 200,; No, o

Truck 33. - COTTON

C, \\'.

.\'i-:\v vfinir, Aug fiiL-Cotton riilnr- u Piuilill firm; closing hills: Jnn iii- l-‘rii 043: Mar 040-50: Apr 055: June 008: Jilly 947: Aug , Oct 014-15; Nov 022; Dec

i120.

500i closcll quicily middling

liicrliool: Cotton, icpot good dc- Pricos 3i points lilglicr, Am~ . in middling, fair 7.70: strict good middling 7.01: good middling 7.00! lirici middling 0,80: middling 0,70: inlct low middling 0,00: low middling i,.'.i~ rivici ordinary 0.30: good or- iinary 6,00.

C IIICAGO

‘ills, Auir EW-llrond general lliiyiiig swcpt whcnl pricoil "liiiard today, Tho December ric- llltly liiilPliflil fill cents, tho lilghcst Pill" in about iwo ircoks and 2V;

‘ 3P1!!! -'ilill\'i". yesterdays close, Bani‘-

cmcioo,

irii iiifiuciiccs worc covnpictcly dis- rctariicd and trndr-rs iolinwoil the. "liuarll irl-inl of stocks and coilon.

- Profit inking and licnvv soiling wcro 1210M purchases at Winnipeg, rc- yarlicd as cloning of “spread? halt- rvl tin» iipiurn, but failed to caiisn iiilcli weakness, Tho uudcrtouo “lfmltiicni iiiv- day was distinctly lllfwlig, Th» (‘iiiciirzo Dcr-cniiicr dc~ WW will ni l\ prciulunt orcr Win- “IY - “~14 iii-r for tho first iiuin iu

"or" and oats followed

visions were also firm,

TmtnmN EQFIIANGE NEW Yniih’. Aug 27-—Forcign ax- ‘llklli. Grant Britain 3,4002: ‘J14: Italy 5.12: llelgliiiu

Gcrmnny 2.70; Vanndn,

' BONDED WHEAT

‘ WW romr a 21 n

“ ‘m, , > ~ l1! —-_ondcd mm" firmer. ClosinS- Oct

_.M_ llilnardh-rlrst ald for wounds,

Silver Leaf

BlllliEli TWINE

r:'Il‘IY-

r

. lie-summed b Tag ; fiiasrrono TWYINE co., ~ l)» CANADIAN Mann,

Nona balk, ever-y p"; "Rented... d

all! feet to the pound.

he Price this your a my lyilw. lower than for many ma.

For Sale st our SEED and w?!) srons, in m, qua.

Barter 8i 0o.

eggs advanced to new high levels for

the lute summer upward move on tho hlontrelii wholesale markets inst week,

The hutlcr market advanced a full cent during the iveclr, becoming 2001c to 21c per lb. for carlots or less of No, 1. Ari unusually good out of town demand for this season of the year was encountered during the iveok, and, witli production declining, and stocks light, prices moved ahead without difficulty, Receipts of the week totalled 12,413 boxes,

The ogg market advanced 2c a dozen on top grades, becoming in cnrlots or lcss for bcst quality stock just arriving, grndcd, from 25c t0 27c for extras 18c to 20c for firsts, and 13c to 141_-c for sccoiilis, the iat- ter renilinilng unchanged. Receipts for the week were 13,340 cases, com- pared irith 10,582 cascs in the prev- ious week, and 10,140 cases in the corresponding week last year. There was a strong demand for extras throughout itie wet-k and it was 8"" ting more difficult to get a large per- centage o fextras in li mixed car of eggs, Hot weather and late season are-having their effect on the quality. Prices to retailers on small lots, as quoted by johbers, were up 2c a dozen during the week on all grades except seconds. Cheese tried tcr and -eggs, was successful on day, hut daily after that fell hack iraclionaiiy in price as iho British imporier withdrew from the market and would not buy Canadian cheese at the latest atlvurice, which rep- rcaeritcd the peak of the season. After touching 10% for Ontario's and iiiMlc for Quebec's on hlondny, the market slid back to end the week nt 101A:- to 101/,c_for' Ontario's and iWic to iWgc for Quebec's, Country hoards at the yvcek-cnd followed the decline of tlil- week nnd went loin-r, Exports from hlontrcdl to tho United Kingdom inst ivcck totalled only 31,050 boxes, Niliipiiffll wlili li.'i_5I.’i hoxcs in llic previous week, which had hcen thc high mark of the season, Receipts for ilir- wcck, 37.2.12 lioxcs.

Potatoes dropped 5c in price last wcck on thclionlrcal market, becom- ing 30c for RO-ib. bags for new locally grown stock,

to advance with hut- ‘Mon-

Montreal Market

RIUXIIKEAL, Aug %—(By Tho (.'.'i|ilidinli l’rcss)—’l‘iic Montreal stock eXclinugo followed an irregular course in Saturday's short session. Lenders tended to weaken while the list as a whole shoived a ajority of upward changes, A number 0f issues hold uuchnngcd. Yolunlo was moder- ate and price changes mostly frac- tionril,

international Nickie, iiloiitreal Pow- er nnli Canadian Pacific furnished the lluik of activity, Nickle iiiovcd up it’, in curly trolling but sctilcll back in close lit 1154,, wiicrc it was un- changed. Power dropped nearly n poiiit_ closing ill Jill, off 1/3, Canadian Pacific, \\\i(\li4‘il u" "ringed at. 20, but gradually il-ii nrr r soil ill. suii. d0\\‘ii , .

Consolidated Siiivltera touched a new high during ti: day at 75%, but was iiiichnngcd lit ..i at noon,

Upward ‘ lliCliUlEll Abitibi

’ llriizilinii Traction at 11%, .li<iiiill lirewcrics lit 175g, up ‘Al cucli, Power Corporation, up cg, lit 102,4; Sic-i of Unulidu, tit 22 uiid Viun Biscuit lit ll, up a point clicli, Nation- ni Steel Cur, uil ‘c’: ilt 101/, and Can- illlil stciiiiisiiips Preferred, up 1,1, at 81¢}.

Cliuulla cciiicnt lost 95 at 41,5, Shniviiiignii Power was off 1,1 at l7, Dlillillllllll Sit-cl, off 1,6. ut 21,5, Cock- siiuit Piuiv, off 1.’, lit 7, liliiiiiiiinn llriligi: nt 191,4 and Quc~ bcc Powcr at 101,4, were unchanged. Ilniika were only traded in odd lots and Montreal Power Dclicnturcs were unchanged at 41,

.'l‘otnl aalcii ivcrc 11,070 shnrcs and $10,700 bonds.

The pound sterling closed at S3.- 8000 and the llnitcil States dollar at 2% per cent. premium.

1R

Foreign Exchange

MONTREAL, Aug 28-43! Th1‘- Canndian Prcssb-British and forelflll exchange in relation to the Cana- dian dollar compiled by the Royal Bank o! Canada, closed yesterday as follows: ' .

Argentina peso .2022.

Australia pound 3,1251.

Austria schllling iio talc,

lielgium halgn .1500,

Brazil miircis ,,0&'i7.

Bulgaria lcv no r c. v

China lions Kong doliiii‘! 331191.

Cacehoslovakia crown .0333.

Denmark krone .2072.

Finland finmark ,0l'i4. ,

Franco franc .0441,

Germany rciciisrnark 2075.

Great Britain pound 3.81100.

Greece drachma .0072,

Holland florin A5240,

Hungary pengo A0579.

India rupee .2050.

Italy lira ,0fi7ii.

Japan yen .257,

Jugoslavia dinar mist.

New Zeninnd pound 3.51%.

Norway krone 1.055,

Poland alotl 1270

Iloumania lcu ,00i. .

South Africa pound 5.4109. flpain pcscla 0005.

sin-den krniio £000,

iswltscrland franc

Limited , ~_________

318- ' United semi d0llll'13“ m 91,11. v ' '

premium, V, ‘y ‘

Stock Market Quotation»

(Canadian Press)

Stocks lligii Low Close Abiiibl Power .. ... g Bell Telephone . .. 107% 107 107 B C Packing .. ... 1% Brazilian . ..... ... 11% 111/, 111,1, B i.‘ Power A .. ... 2 i Can Car Com .. ... 0% 01,3 i514 Can Car Pfd ... ... mot, Can Cement .... 4% 41,7, 41,5 Can Cement Pfd 301/, ‘.10 301/, Can Ind Alcohol s . 1v. 1v, w, Can Steam Pfd ... 9 8 0 Can Pacific 20 10% 101/, (tockshnl. Plow 7 Cons Smelling 70 75 75 Dryden Paper 11/, [loin Bridge 101/, Dom Glass u; Do Steel Coal B ‘l. 21,; 3. Dom Textile 53 52 53 Gurds .. ... ...

Int Nickel .. .. 11% 111/, 111,-’, Lake of the Woods . - 71/, Massey Harris . .. 514, McCall-Front .. . .\ioiit Power $17

Wont Pow 3% deb . \

Not Breweries . _.. 111,4,

Nat Steel Car .. 101,1’;

Ogiivlo Milling . .. Power ' Corp Quebec Power . .

Stinwliiigan .. .. .. 171,0 l7 1‘! Sic-cl of Clinnlln . .. 2L’. 21-1’, 22 Viau Bis (‘om . .. 7 Win Electric .. .. 4

(‘rnimc-rcc hloiiiicnl ... . Nova Scotia . Royal .. .

Mining Stocks

(Canadian Pres "1‘(‘Jll().\"1'U, OIIL, ADE,

High Low Close, . r. .. .1531’, .15 i5

2 till) Alexund n 10.10 Amulet .. .. i000 Alli!) .. .. .- 500 Bar Iloll ifillflliidgooll . .. 400B Q‘ Pion .. 5000 Buff Can 200 C Trcth i000 Clericy

s) I 27—(.\finln[,'

1-5 llnlling 500 llomcstd l . 5300 Howey i000 Kirk Lake .. i500 Kirk Prem .. 145 Lake Shore . 0.100 liincassa, . .. iliino liluloriic . .. 2.'iil0 lilrin Basin . 150 lilcliiiyro . . 1.100 Xlorlilnd . ..

100 .\iin oCrp i700 “can s. .. .. 2000 Newhcc . ..

iiiiil Nipissing . i000 Nrvriinllri . lliilifl Ulirn .. 100 I'm-mic!"

3 ~12 2 3 5

500 Snrnin . . 20000 Sherritt . 10380 Sisroa .. 5000 Siudaconn . . "700 Hull Basin .-

00 Sylviiliiio i00 ‘fuslioln . .. ‘l0 '1‘ Ilugiic

s ... Ii:i00'l‘iinlii Call .. i100 Vuc (ids . .. 05 Wright IIlir Silvcr 3S0}, Toilii sail-s 318,000 shares. i UNLISTED .1314 .14 1.00

2100 B hiissouri . 300 lip-nnd . 500 Cent lilnn 3200 C-Rcsch . 200 C Copper (i425 I-lidornilo i015 liud llny MRO int Nickel 10000 liiclmlid .- innn Norllcn .. 2200 l’ Oreiils l0000Pen -I'cto

200 lloyaiitc . .. ‘l 50 iliilfiii Vrliturcs . .. i000 Vickcrs . .. . "i: "is . - . .12".- 17W; H000 iiohjo . . . . . .07 flilif, ,0’! 2200 Brownies . . .0214 ,02 .02 Tiflli (‘an Kirk ,02 .02 "'2 2000 (‘up Rouyn . ‘A ‘é ‘lit

New York Curb

(Canadian Press)

Stocks High Low Close Al Chemical .. 865$ 85% 809i At. Refining - O a - 10V, 101/. 107a American Can .. 59% 685$ 585i 5111 Till Tel ... ... 118% 110% 116%, Alli Tobacco B . is . 82% 81 827/; Anaconda Cop . ... 11 111,5 12

Atchisou ..., Auburn Auto ., Bend Aviation .. Beth Steel .. .- Bllika .. .. ... Carl Pacific ...

Case Thresh (Jhryslec Motors C01 Carbon ...

Cons (ins ., .,, Cont (‘an .. ... Corn Products ... .. (Jrucihio Steel .. :.. E I Dupont Fox Film ., Freo Texas

lien Asphalt Gen Electric Gen .li‘oods

Gen Motors . Goodycar Rub ., Houston Oil Hudson Motors . Hupp Motors .. Int Harvester .. Int Nickel .. Int Telephone Iianibcrt Co

Iii Pacific .. 5i Pacific Pfd Mont Ward Nash lilotora ... New York Cent North Amer . Packard Motors

.1 as ....

Sliielights

(Canadian Press) While stocks developed a somewhat "Pi-‘slllsr tone in Saturday's session “l 1111111113 on the local exchange m. undertone remained one of general firmness and the closing nhuwgd isuins in excess of losses, while ti", ‘Ilgfiragc oprice of twenty stock-u ad. m c“ - 5 t9 l1 119W high for ‘iic cur. at advance. The auction of lllh w,“ Street market in the week's brief "losing session provided an ..,,.-,,,,,-. "$111K background for bullish ii0lifl_ llliiegit on the local market, a further l ance in values at that centre send. g)“: u‘ check lmlliilse from continued qgzlgitigcy in the commodity inn-gem, - 1's and Power Corporation es. tablishcd new high levels for the your in the week-end session,

Mountaineer: “I intend scaling the summit tomorrow. What prg- parations should I make?

Landlord 0! hotel: "Pay me in. advance, sir." A

Fflr Colds use Minardfi Llniment.

Std (|i of N .7 T?!“ Co .. ‘Texas Gulf Suiph .. Tim Roll Bearing ,_ l! Cnrh (‘nrh ., ilaion Pacific .. United Aircraft

United Corp ... United Gas Imp ... U S liubber .... U S Steel .. ... .

Van Steel .. ... ... Worn Bros Co ....

Wcstinghouse liilcc . Woolworth C0 .. .. 40

Paramount Puh . .. 8% 7% 8 Pub Serv of N J‘ .. 53% 51% 53% Radio Corp .... 0% 0% 056. Radio Keith Orph .. 5%: 5% 5% Sears Roebuck .. 24% 24 241/, Simmons Co . 127a l2~ 121.1, South Pacific . 24% 23",; 2071i Soutli Railway 141,4 131%. lfFii Stand Brands .. 17% 10% 17% Cid (‘ins Filed .. .. 24% LEW/g 24%

speed and

fabric.

Stocks lllzh Low Closo Aliicr (‘ynnuiiiid Ii . 01,1’, 4i; 4W, Amer Supt-r Pow . 71g, till, 714, Assoc this irllvc A . 3",’, Si", ill... (‘an .\inrcoiii .. .. .. 111/4 Us iii, Cities Scr Co .. Hills 5% 5% Cord Cor .. 4'11; 40,’, 4% Eiec Iloiill Shore 45 303;; 44% Foil O 1C (Trill A .. . 10% 01g 10% llull Oil (‘op ,. .. . Iliilg Hum, Ull llcfiii Co . 521,’, liii|i' (ill liid, ill/i, Xuigurn llulisliu 20 10 20

Intcr Pctroiciiiu ll 107/, 10% Std Oil 0f ind .. .. 24% 241/, "451; Sid Oil of Ken .. .. Jill's Un Light Power A 7% 7% 81,5

____._.i.__ I Miscellaneous

MONTREAL, Aug 28—Bsrley, (‘an- adian West-trim, No. 3 A4; Oats, Can- adian Western, N0. 3 .38; Oats, fecd, nu, 1 J57; Flour, spring wheat mit- enls_ firsts 4.80; Flour, spring wheat patents, seconds, 4.20; Flour. spring wheat patents, bakers, 4,10; Flour, winter wheat patents, choice 2.75; Flour, white corn 4,30; Shorts, ton 21.25; Milldiings, ‘tea 20,25: Rolled oats, hag 00 lbs, 2.00: Hi7, No. 2 pcr m’ “niov cii Q a c‘ ,1; _ ‘; ccsc, noes , um; Iluttci’, No. 1 fincst, 20% l-lggil, fresh sliccilils. in cartons rlgga, fresh exiriis in cartons EH19. fresh firsts in cartons 25; tithe. No 1 Montreal ,3l).

SPRAINS 2‘...".'2".'1".'fi'-'.'

lots, 11,00; Cheese, Ontario! ,2’:-

got along Washer.

Exceptionally low price and easy terms -— anyone can a to buy this notch wash er which saves time, saves clothes and saves laundry bills.

rnsasnn wrrn VISIT _ Mr, Frank l5. Shaver, merchant, M.P_,i for Btormcnt county, Ontaro, ac- i-"Jmvlvifld by his wife. has been touring the Maritime Provinces. They were delighted will, their brief visit to Charioticiovm last week and Mr. Shaver expressed his great admiration for tile wondcrfui 1°°K1118 farms and homes in this Province. While zn Charlottetown they visited Mr. W. Chester s. Mc- Lure. M.P., and lvirs. Mcmlrc.

GYRO-ROTARIAN C A MP —-A!i- other most successful boys’ camp tefmlmliwl recently at Cilllcig cove, The camp was made PQQibIQ‘ through the generosity of the Ro~ my and Gyro Clubs of this city. ‘There were 40 boys in attendance 889s ranging from 6 to 12 years, all

partment of Public Health. Those:

and Mlr. Burd Lee. The twelve daysl ‘Missed all foo quickly for the boys’ who spent their days at svcimming. archery, games, sun baths, their evenings at baseball, hikes, camp fires and sing SMIiIF. An excellent cook prepared the meals and lhis,, together with inc‘ regular '

\i'orth Pump ..

-—Call a5 our Showroom" aha Inspect this Beautiful New ,Washirlg _ Machine,

Following our well known custom of featuring only the highest quality electrical appliances, we now offer you the Northern Electric ABC “B” Playmayd. Washer. which. handles- everything from dainty, fragile laces tolthe heaviest garments, with equal The four- spring, long-life wringei‘ adjusts it- self automatically to any thickness of

efficiency.

You can’t realize-until you try i’c—. how easy it is to do the wa fine all-enamel machine. _ ing is finished so quickly, s0 "beauti- fully that you’il wonder how you ever a. Playmayd

without

full capacity,

shing in this The wash-

special fford top-

part.

And Parade

A very sucrcssful lawn party was held Saturday cvcning on Mr. Jug. lice Saunders‘ premises, Summer. sidc. by “c" cohmany of the prime Edward Island Highlanders, The Regimental Pipe‘ Bond from Char. iottctown was in attendance and the "1111 paraded to the grounds i" milifafi’ Order. under command of Major Victor Traverse. The iawn Pally yvas widely patronized and was quite satisfactory from a (in. onciai standpoint.

Yesterday morning "C" company Daraded from the Armouries to St. lilarys and St. Paul's Churches. All 5V Mary's the service was con-

routine, is responsible for the av-