Manon 24. 193s

THE CH ARLOTTETOWN GUARDIAN

5100K QUOTA TIONSO

__

Morning Stock Letter

71 v

(Received over Yiiflcld and Co’: Private Wire)

NEW YORK. March ZIi-Tile- London market is quiet, this morn- jng with prices mawhat easier. Some favorable earnings are re- ported includln8 Union Carbide which earned $3.03 in 1935 against $2.25 in 1934. Allied Chemical and pye $8.71 against $6.83. Otis Ele-

vator 36 cents against a deficit the previous year and Stone and Webster 4 cents against a deficit. The earnings oi the two chemical companies compared favorably with earnings in previous prosper- ous times. Pending more definite news f ram Germany we believe the market will continue irregular.

FITFI. S rJck Exchange

(suppied by flfflahl and (‘om- puuy members o! Mantra-nil nook car-hang! bud curb nun-kc!)

Olin-n Clone

Stuck:

Ammu ‘-’ 2 llnlliurst 13V: 1354.: Bell ‘I'm-i 11-1 H5 llrnzllinn Iii 13% llww Curl’! k 10.4. 01,4. ll C Pun‘ A 31M; 111i’. (‘an .\'ur l‘: ‘.'i 2i 1'31] Fur lfllunil 0% ilfi-l, (‘nu Uvnrcnt 7 7 47m iml Al U]; l0 (‘un Pnc 1'.l 13H, (‘r-immac- 27K, 271/, (‘ock Plow 8% 8% (Yon! Snwlt ‘J70 2K0 Dist Scull 27 L’? lloin Iiriilgu 117% I18 Dom In '10 o; 70-34 imp Tob i 14 In! Nicki-l 401,; cor)‘ Illusory liar 0r); 1 ill-Coil Frail 101;, 105;, Mont Pow 3'2 32W; m1 Brow 42y, 42 Pow (‘urp 10 10 Nhnriuignn 22 2: Soil (Jun l'uvv 101/, 131,5, d: o! Can U4 04

BANKS

‘Bk of Pun 58 58 Bk of (‘ninill

Bk n! nu i‘. 1m m o! s. s. {lac 23:1 Rom Dk

EYCHANGE

‘(Canadian Press)

MONTREAL, March 23-Brltish and foreign exchange in relation lo the Canadian dollar as compil- id by the Royal Bank of Canada ilosed today as follnws:--

Argentina peso .2766.‘

Austria schilllng .1890.

Belgium belga .1698.

cums l-long Kong dollars .3285.

Czechoslovakia crown .0416.

Denmark krone .2222.

France franc 006340.

Germany reichsmnrk .4049.

Great Britain pound 4.9736.

Greece drachmn .0095.

Hungary pengc 2973.

India rupee .3763

Italy lire .0802.

Jugoslavia iiinar .0231.

Poland zloti .1903.

United States dollar 1-4 per cent premium.

NEW YORK. March Bil-For- elgn exchange steady. Great Bril- nin demand hlgh496 lv-B; low 4.95 1-2; close 4.96; 60 day bills 4.91 7-8; PTa-nce 6.61 5-8; Italy 7.97 1-2;

Belgium 16.94; Germany 40.73: Canada 99 23-32.

Closing exchargc ratcs:-—

At Montreab-Pcund 4.97 3-6;

U. S. dollar 1.00 1-4; franc 6.63 15- S2

At New York-Pound 4.96; U S. dollar 1.00 23-32; franc 6.61 5-6.

At Paris-Pound 74.93 fr; U. B. dollar 15-12 1-2 fr;‘ Canadian dol- lar 15.09 fr.

In gold—<Pound 12s; U. S. dol- lar 59.14 cents; Canadian dollar 58.98 cents.

Produce Prices

(Canadian Press) MDNTREAL. March 23- Whcat, nor no 2 90 1-2. Barley C W no 3 45 1-2- Oats, C W no 3 37 1-2. Oats. feed no 1 35 1-2. Flour. spring wlrcat

iirsls ssso. ' Flour seconds $5.20. Flour bakers $5.10. Flour ~wintcr wheat choice $3.90 to $4.00 Flour white corn 54.40-54.50. Bran ton $21.25. Mlddlings ton $23.25. Rolled oats bag 00 11's $2.90 Hay no 2 per ion curlots i000. ChL-cze no ! Oil col ll in ll l4- Butter no 1 22 3-4 lo 23. Butter no 1 22 3-4 to 23. Iigg; in cartors large 29-60. Eggs A medium 8-2.1. Potatoes: P E I mks 00s $1.35 t0

patents.

patents.

Q - A D

P E’ I mts 60's $l.2(l-$l.2!'-

P E I mts 80's 01.20-01.20. P E I nits 50's 75 in B0. E I this 10's 16-17.

mic sow 51.05-31.10. Que no 2 6.5; 9541.00.

B Degrees

Howdie: "Wyhat in your son going l0 be when he gets L‘; degree at the University?" r Simpson: "Middle-aged. I should think."

SPRAINS bblbufnaa

. can

Ilbyolon your he"

M's

IMENT?

LIVESTOCK

MONTREAL, Marc ZIP-Light volume helpcu cattle prices firm slightly on Montreal livestock mar- keis today as other sections dis- played a steady tone. Receipts were cattle 549; calves 704; sheep 41: hogs 1663.

Trading was active in ihe cattle division with good steer; edging up between $5.75 and $6.25. Med- ium brand sold from $4.75 to $5.50 while common butcher steers were down to $2.75 Good heifers found support at $5.25 and common thin were bought at $2.75. Heavy cows went at $4.40 with good butchers between $4 and $4.40. Cows of medium quality ranged frolh‘$ii.50 t0 $3.75. Common butchers traded at $2.75 to $3 with canners and cutters from $2 to $2.50.

Calves were steady to slightly lower with medium good to good quality veals selling at $7.50 and medium around $7. Most of the calves were common to just fair quality and sold between $6 and $6.50. Common light veals sold at i: with zrassers going at $350 to

Few lambs offered were bucks and brought $7 to $7.50. Sheep ranged from $3 tlo $5.50.

Hog; were steady at $9 for bac- ons, fed and watered, with $1 memium on selects. Butchers. heavles and lights sold at $8.50 and extra heuvlea $8. Feeder hosts brought $9 while sows were slow seller; at $6 i0 $6.75.

New Toflrtiziaéurb

(Supplied by rum-m aml '(‘mn- puny memlmn m‘ Monlrciul uiuck exchange uud cn-n murken

upl-u Lust

liiurlu Amer (luu lilcc Atlas Corp (‘it Scrv lillvc Bond oril A- Niag 11ml (Cumullaln Blocks Ann-r (‘yup ii Amer Hun l-Ili-c Ann-z- Nil]: Pow Assoc fins lib-c .\

SI:

Ell-r llunil Si!

Fin-d m‘ |'.-m A Gull lH-nn Hum (ii Ref lin|\ UH

int 1'01:-

Niug llml

Hill (ll KPH

iln Light Pow f»

1'0 Light 1m“- pfil 021,-’,- MONTREAL. Marcir 23-Egg prizes eased about two cents a

dozen on Montreal open PIOLUCG markets today with graded ship- menis in carlots or lcs; quoted at 25 for A large and 23 for A med- lum.

Butter was quiet at 22 3-4 to 23 cents per pound for carlots or less of no 1 while lots to retailers were 23 1-2 to 24 for solids and 24 to 24 ‘-2 for prints.

Chsei-e was quoted nominally at ll to 11 l-4 cents for current ar- rivals of no 1 Oniario colored.

Potatoes: P E I mls 90's $1.35 to $1.40; 80's $1.20 l0 $1.11); 50's 75 to 80; 10's l6 to l7; cobblers 90's $1.30‘ to $1.35; 60's $1.15 to $1.20; N. B. m s 80's $110-$115; 50“. 75 to 83’ 10's 18 to l7: Que mts 80's $1.05 to

IV. Y1 Stock Exchange

iiunnlled by Pltfleld and Co. llh-mberl u! Montreal crock .0:- chunxe und Curb Market)

Stock!

Al Clio!!! Aux (‘nu

Am For ltr /\lli llull Am 'l'ci nud Am Wutor Anru-omlu Alvlfsorl

All lief Auunrn

l

Oven 1.5-1

Tcl

wuq (luiuirlitll ~ liwmLvcur Tire ;' llruhuln Pnlgp ;. llnvl Mot Car . :11 (‘B11 -_; u! liur {,3 lui Tel unri Tel Johns Mun Co 1133;, Ronni-colt 33w Mont Ward 41 i. .\lnr (‘m-p "Ow .\:uil His I Em.‘ .\_nt (‘nah Reg 27% 37% hfu York N I‘! 41,4. 414', lsur rm l’ 301,2, Puck m: ‘ 1W Purnmnunt 0% nip. lH-nn ll R ma‘; 33% l'i|il i-c: 4'» 4.". 45w, l'ul> Nor (‘n 491,4 41% l‘urn Oil (To 2.11;, gm, imam m". “m, 15W llmlio Keith Orph R m“ Sour-u ltnn (‘o . s‘ r

i-llullclvnkcr (‘o

Tcx (‘urn UIIHN] Air- .7 Fnltcil (‘nrp 1% 7m "n “v- Il S St Corp (v3.11 Vunuillunv 3g Warner llros 13s; Wr-ar llnion my Wear .-\ir llrnkc 4,7 " wear n1»,- 1H Wnnlu-orlh ' 501/, ---__.___. (Canadian Press)

CHICAGO. March 23-Prospects of long delayed adcquate moigtnrg in the dust bowl region tumbled Chicago wheat futures prices late l-Odlly to a new season low record for Szptembcr coniragts, 1

July wheat fell to within 1.4 cent of the cropis low point, Bgfq- metric line; weresald to indicate the best outlook yet for moisture whens most needed by domestic winter wheat crops.

Wheat. closed weak, 5-8 io 1 1-4 cent lower. May 97 to 97 1-8. July 85 3-410 7-0, corn 3-4 to 1 cent 00W“. May 58 1-4 to 3-8, oats un- Charmed to 1-8 off, and provisions unchanged i0 a rise of 7 cents.

Currencies

. (Canadian Press)

MONTREAL. March Zil-Pound sterling dipped 1-8 cent to $4.97 3-8 on Montreal foreign exchanges toda" while the United States dol- lar remained stationary at i-4 premium. The French franc de- cllncd slighlly to 6.63 15-32 cents.

NEW YORK, March 23-May): currencies sagged on the foreign exchange markets today in terms of the Uniled State. pillar.

Thc Canadian donor dropped l-ld cent at 99 23-32 while the ground sterling gave up 1-8 cent to close at $4.03. The French gold franc ended at 6-61 5-8, off .00 3-8.

Relax i with

lusts-a. ls Lead Climb On N.Y. Mart

(A P. By Guardian's Special Wire)

NEW YORK. March 23——Under the leadership of the industrials. which rose to a. new high for the year, the stock market today pushed forward for gains of fractions to a point or so.

A small scattering of issues re- corded wider gains. Allied Chem- icals was up 6 1-2 at 199 1-2, Case Jumped 6 1-4 to 142 3-4 and Clark Equipment was up 3 1-2 at 46.

The upward progress oi equities in spite of Mussollnfs prediction 0t a war was seen by some as symp- tomatic 0i the extent to which Wall Street has toughened itself to pos- slbllities of a new European flare- up.

Measured by the Associated Press average of 6Q stocks the market advanced .7 of a point to 62.6. The average 0i 30 indusmsls went ahead .7 to 83.1, n new high since 1930.

Transactions totalled 1.708.550 shares against 1.895.930 on Friday.

Bonds were steady with rises of around 1 to 2 points in the indus- trial section ihe feature.

U. S. Steel was up). l-B at 64 3-4 and Bethlehem 3125c 1 1-2 to 56 5-8 in spite of the fall in current stcel operations.

Changes in Canadian stocks were only fractional, with losses outnum- bering gains. Canadian Pacific Railway. Distillers Scagmms, Im- pcrlal Oil. Lakcshore and Massey Harris appeared on the upside. Mc- Iniyre. Ford of Canria, Holllnger, Domc Mines. and Dominion Stores save up narrow fractions.

Construction Issues Hold S p 0 t I i g h t

MONTREAL, March 23~Late demand for constructions and a few individual issues gave a buoy- ant touch i0 a. dull session on Mon- treal Stock Exchange today.

Strength of the building issues imparted fractional firmness to a fcw of the utilities and papers, but metals moved downward in draggy trading. Banks were quiet.

Canada Crmrnt preferred was a stellar performer with a gain of 3 1-2 points at 65 l-2 and Steel of Canada. bocsicd 1 1-2 points. Steel

MT’L. EiJRB

(Supplied by Pilfiold and Corn- pnny mrmlrrn o! Mantra! ‘Incl: exchange and Curb Market)

Stocks 0pm: Last B A Oil 33$ 28% 170m Stordl

Ford A l4!‘ Z5 Imp 0L1 23% 23% int Pele a1 311/, hlelchera ’ 10 10 Walker Goad 2D 20

MINING

roaorrro,‘ Mai-cu 23--The mining share market turned heavy today and finished with 54 losses showing against 37 gains. All groups shared in the display of weakness though the senior gold: maintained a fairly steady course. Aggregate tumover was fairly heavy at 1.220.000 shares with heavy action in the penny issues accounting for a liberal share of the trade.

Dome and Wright Hargreaves recorded narrow gains while mirror lotses came out ior Pioneer, Iioll- inger and Little Long Lac.

Bass metal stocks were sluggish. Hudson Bay and Falconbndge were up a little at the close and Noranda gained 3-8 in small vol- ume. Silvers did nothing from a volume standpoint and prices were

slightly off.

TORONTO, March 23- Sfockr Close Acurc Oil 15 Afton (l0 Ajax J Alex 2 Algoml B Anglo id 450 Arnffield 75 Ashley 15 Astor-ll Hi1 Bugamar til-i Barry H till; Base Mat 23% Bear 30 gloat}? 140

i II B?

also 151,14 i."‘l'”'~l" '2'?

l .

Buff Auk 500 Huff Can 01/, Bunk Hill 121/; Cal l-lrlm 110 (Jun .\iul 11‘: (Turtle T 1.75 Ccn Pal 200 Chem Rel 104 (‘Mlvoug 43 Sltfilcy 4 .ou urum 2'10

ome 451,5 Dom EXDI ll llidoradu 111 ll‘ Bridge 015 Fed Kirk 5 Franklin 51/, Emilia “Luke g7 l0 a 1:0 Gcodflah 10% (irunnda 19 grundorn p rcr-na _ (Hull 111,1, ilunnur m glam‘: Rock n5 Inr or llolliirgcr J11, llliomesfelll an

owey 59 .l M Con! 441,5 iflrk gain 41 lake h Lnlun Qont. 531,1, Lelrei 311;, lmc Gold 31,4. mun r. r. m" lliucusaa 39:‘. lliun East 1g lluple L 1y blclntym 42 McKenzie 14g .\ic.\lillun 7m; ilicVliile zglz, .\l::\\’:\ltcr| 13,1 ill-kn‘ fluru 139 . n o 3.1 lioueia 13,1; llinrril 4:91;, llurpliy qr; Non-lice 3 ' lillpissipa ~11 i oruma 5g.“ 0 ilrlin 4n 01ml (iii g1 Omega 15g‘! Pnrnour 395 Payuuuaie! 7'; Perron PM (‘uh Pick (‘ra Plmivot Prr-lulcr Pros All Preston Quo 41in lfeud Auth Rflil Luke lxllen? Gold

oc n- fl Rnynlih. 36% Sun Anl 55 Shcrriil 1m Slncoe 317 Sou Tih 4% Shula _ Si. Anih 0 Sud llaain

_ IN AN N OUNCING

MRS. EDNA CARROL‘

EXPERT GOSSARD CORSETIERE ;

will be in attendance at their Corset Department on

TUESDAY, MARCH 24th.

MAKE YOUR APPOINTMENT

Come and get Mrs. Carol's expert advice regarding your Foundation Garment problems. You are under no obligation.

Just Phone 805 or 806 for your appointment.

TAKE PLEASURE

THAT

NOW!

Rolls Increase Legion Battles For Employment.

(By The Canadian Press) I

VANCOUVER, March 23 —- The; enrolled membership of the Cana- v dlan Legion is 158.000 distributed‘ among 1,052 commands and, branch- es. and 402 Women's Auxiliaries in Canada and the United States, .1. R. Bowler, general secrclary of the , Legion, told the 6th Dominion con- ' vention here today. since the pre- l vious convention 15,500 new mem- bers hzvd been added to ihe rolls.

Surveying Legion activities for the Past W0 Years. Mr. Bowler declared their outstanding feature had been the ability of the organization, for the first time in its history, to de- vote the major portion of its ener- gies towards assisting the govern- ment in the solution of the unem- pioyment problem of QX-seflllce‘ men. Conditions surrounding the‘ administration of pensions had greatly improved. '

"The last two years have dem- onstrated that, with the malntem. ance of a wise and just adminis- tration." he said, "it ought to be‘ unnecessary limp the pensions ques- tion should ever again monopolize the Legions attention as a. matter of major public controversy."

Mr. Bowler pre-"enled a. careful analysis of the various elements entering into the pensions situa- tion, reviewing exhaustively the technical aspects.

Turning to imomployunenphc re- called the operations of the Hynd- man Commission which investigat- ed the problem of the worklcss ex- Service man. This body had recom- mended the creation of voluntary machinery, organized on patriotic lines but with stale aid, for find- ing employment; specific sugges- tions for rehabilitation schcmcs; broadening of the basis of eligibil- ity undcr the War veterans’ Al- lowance Act, and the ex‘ ‘ oi’ unemployment assistance for 1m- perial Pensioners.

Some of the Hyndman Commis- sion's rccolnmendntlons had already! become operative, said Mr. Bowlcnl but, much remained to be done. Re- presentations in this connection had been made to the govemmcnt by the Legion.

“At the moment," he said, "it is impossible to foresee the eventual outcome of these developments. but the progrers made together with the general onllook, may be con- sidered as encouraging."

Mr. Bowler had words of praise for the (lcpnrlmcnlol committee which deals with ihe War veterans‘ Nlowancc Act. This body had bccn “at nil times I)l‘(‘pf\l‘(‘(l io deal with such cases fairly and Squimbly,"

to modify the provision seems hard- ly necessary. Years are rapidly pass- ing, the average age of the ex- Scrvice man is approaching 50, and all too soon the utility of the clause will have disappeared en- tirely. 1t might well be permitted to stand unchanged as a memorial of a grateful parliament to thos

who served." -

Great for Lllmhlllll iilinard’!

A story comes from the States of an employer who was compelled under the New Deal to raise the wages or certain of his employees six dollars a week. He called his employees together and told them that in future he‘ would fine them a dolls: every time they were a minute late. "And," he added, “if you're not a minute late six times a week~you’ze fired!"

Advertising Rates-Payable in Advance

Control Guardian locals, 4o per word; \Vellern and Ealtorn locals, to

nor word: Announcements and Coming Event: 2o per word;

Clanified

‘lo per word; In lemorlnm Notion, 20o pl! inch; Lin: n! Floral and i-lplrliusi Offerings, Cards. elm. 4c per name; Letter; of Condolence 70c per inch: Notices of Tlrankn and Appreciation, 70o per inch or 4o pa!

word. Other rate: on application.

Minimum Churn for any auvarlllument twenty-five canto,

H

For Sale

FOR. SALE 1N BURDEN. SIX room bungalow. Apply Ray Mac- Kenzle. L-3247-3-20-6i.

FOB. SALE — AUCTION FOBTY- Five, Bridge and Whist Bcora Cards. Guardian Central Job Printery.

FOR- SALE - 30 TON SCHOONEE Alma in good condition. Apply Ray Kennedy, O'Leary.

11-3348-3-24-25-28.

FOR SALE-So ACRE FARM AT Brackley. All modern conven- iences. Apply 1 Douglas Street.

L-3394-3-7-S-T-6i.

‘srmno RUBBER. TRACES, NEW and used. Complete for horse. Clinton Morrison, American Rub- ber Belt Dealer, Fredericton Sta. P. E. I. L-3236-3-19-71.

FOR. SALE—-33 ACRES AT NEW Glasgow. Lot 22, occupied by Cyrus Gallant. Apply to McLeod 8a Bentley. L-3266

FOR. SALE-GLADIOLUS blooming, size 22. Varieties mixed. $1.50 per 100 postpaid. P. C. Bowness, Albany, R. R.

L-3273-3-21-4i.

BARRED ROCK CHICKS, BLOOD tested, bred to lay strain. Order

early. Prices reasonable. J. H. McPhail, New Haven. L-3283-3-2i-3i.

FOR SALE—-DRY WOOD SHAV- ings, baled produced, and stored last summer. Excellent for bed- ding livc stock and poultry. Es- pecially suitabie for Fox Ranches. Special rates for car-load lots. Moncton Lumber Company, Lim- ited. Moncton, N. B.

N-434-3-20-9i.

Miscellaneous _

S P E C l A L PRICES AT ART Worth’: barber shop, Gt. George St. I 11-3302

To Let

WANTED -— MAN 0B. BOY FOB. farm work. Apply John Leo Mc- Guigan, Hope River.

L3337-3-23-2l

T0 LET-ROOMS FURNISHED and unfurnished. Also girl to as- sist housework. Apply Guardian.

L-3344-3-24-3i.

T0 LE1.‘ — TWO BRIGHT ROOMS with or without board, fireplace. Central. Apply Guardian.

L-3293-3-21-3l.

HOUSE ‘I0 LET--CENTR.AL LOC- ation. seven rooms and bath. Apply 90 Sydney Street.

L-3347-3-24~3i.

T0 RENT — DWELLING HOUSE with or without land, desirable locality for doctor or tradesman, near beach. Apply Mrs. Geo. H. Kielly, Covehead Road.

. L-3284-3-2l-3i.

Male Help Wanted

APPRENTICE W A N T E D '1‘ 0 learn Barber Trade. Short Course expert training. Molar Barber col- lege. Halifax. 17-356.

THE SUN LIFE. CANADA'S largest Insurance Company, needs live representatives in each county in territory not already occupied. Attractive proposition and personal assistance assured. Consult J. A. Moore, Currie Building, Charlottetown.

$1.10; No 2 whites 80's 95 to t1. ore-felted and Dominion Bruise _ he said. at present ass indigent Lost “dam f'5‘"‘°u°n5~ and unemploynblc war veterans _ M- l] Ma 141615 Al‘ A ...§f',‘}f‘.i3§l. $311222“; X§"'.‘.§‘.‘.i.'€.l;'.'. 213.712?“ .33‘; ‘°°°“".“% ‘m’ 7327'”. “'22.; can saw-A Mam vase“- FOSTITIYWWY-awsovrs ' I866 GRCOUS mob Shares but numbed only H; wrun- Amu m7 “Si; l; a’); ‘$1,051,634 “W Nancy Lee". Length 55 ff... 12 time ago in brown leather case. Glance higher at 13 b8’ Power “rpm-b ill-u S” "mm we‘ M ma’ nmmmt 109 it. beam. Engine 20 horse power. Finder apply‘ 17 Orlebar Street. A MONTREAL March 23—-Volume lion and B. c. Power were up 1-2 AYrl/zhl H“ cases were Byron m" cnmnfljtec Also‘ deck‘ Enzlncmand "lkolsti A1111 reward. L-3405-3-24-3i. ' ‘ ' ~ ‘ “ - tcasscon on. ppy ."—“-— _ was light on Canadian commodity “Mb. Xuuir no 4M4 with regard m 11w gfialufgry pee. “ r5 h E I] d_ exchange produce secllilop today (Canadian Press) flglilgiglyékstatlriilag gfrljigigtadileramcg 7M"! M"! ‘vlfiilllgqflun fercnce given cwsnlvlcc mm um T" Beam“ Ems QWL_€QBQ'_3F2T?M_ AQCHKS Wanted but prises advanced sllg ty- Toronto and Montreal-Indus- C ' l ' * ' Aldm-mne m 1': dcr tho Civil Service Ac‘, Mr. Bow-