’ f . ' ' 11

1 , P ' eg

1 , 1 ’ 1 » -

_ , , _ _..,. _..._;_._-,__..__, _,

-' . ’? ,

, .M _ rf: ' .

, -

-..'.'- .-'.1'-.. _‘H

AUGUST 7. 1930 THE CHARLUl'l`l‘IlUwN Gurxxuinn PAGE NINE

ES TERD ’S STOCK

|_;__g,_:4 :-: .. ._ :-c§:~:i=f:-: 1-;;-;.; i

Market Reports lil 1

By_GREENSHIELDS 6? CO., Montreal _

Special to Stewart Jones & Co., Charlottetown :-: i

:-. - _-:l ~ lil

Call Money 2% p.c.

MONTREAL

llnvllil .. ..

tr s ... -. . . . T

,tsl-.»:o ... ... . .. Brazilian ... ... ... ... ... ... |;_ ,-1, Oil ... ... ... ... . . . . ... |;_ C. Power . . . ... ... ... . .. Building Products ... ... . Canaria (`ar ... ... ... Canatln Cculent ... .. ranarla l‘o\rcr and Paper .. pnmlliioil Bridge ` p.,r¢>ign i’o\ver Securities l`r:l.~.-r Colnpnny ... . Lian.-rlil Steel Wares ... ... .. Finale Uii ... ... ... ... fmporilll Oil ... ... ... . . Us .. |nfln.lri;ii Alcohol.... ... . .. international Nickel ... .. ... .. international Petroleum ... ... ... liasfey-Barrls .. ... ...

ul Power .-

_iionlre ... ... .. ... _\ff-f'-iii Frontenac ... . . ... ... ,\'ati-mal Breweries ... . . . . -.- ¢\',1rif~nal Steel Car ... .. . ....- l"nn.1ii.'| Bronze ... . . ... (_-_-_M-ln liialting .. ... . .. [ignilnlon Tar . ... ... Flimmis Players ... . . .. .- Nnrantla ... ... . . . .. pan-1-r Corporation ... .. . . .. i"rivt» Bros. ... .. . . ... Quebec l"o\ver ... .. ... . ...

’”1E1~I___j}‘i€:':5‘I'I§l'1l EL -- Iii *_ :'11---513;.: 4.:

27% rts .lim 17 fill

22 el 15 lfiiu in \,, 2:.

774 11

fi ‘Jing all 22% 1015 25% 51% 18 301/4 54 431.5 los; 1-11,; 4.5 23

00% |1215

Stlaivinigun ... .. . . . .. 132%

1~mellt-rs ... . . . . . . .. 31-ml of Canada ... . ..._...

Elnlons ... . . . . Winnipeg Electric ... ... ... ...

V NEW YORK

31% 37

American Can ... ... ... ...-, ... 127%

tllleyhariy ... ... ... . . . ... Am.-an-l:l ... ... ... -:__ ... ilontllx Aviation ... ... ..- ... ..

fonrr-llrlatetl Gas ... ... ... ...lgiiis/3

;'..n1ni»\rci.1l Solvgnts ... ... ... .. pamininn Stores . . . ... ... .. .. Zierrriv Power & Light ... .... (.1----its-,ir Tire _... ... lliterliatlollsl li1`<|i‘0 Eluifm ~~~' lnl:-rnavioliall Harvester ... .. }{;»n|\r-ct-tt t‘opr-er .‘ ..... ... ... _\l_-V,-.r.i ilurlsgl\_ Power . .. i‘:ir:l|nolint l‘ublix ... . l’enitk A- Ford ... ... Rarlln ... ... ... . . ... S/-ar.; lim-bllck ... ... ... Fm: mtl Oil of New Jersey .. Sr:-.fling Securities A ... .... $tuil~l»al<f-r ... . ... Yellow Truck . . . .... Fox Films ... . . . ... . ...

21% ani. 311.1

10°/4 68% 03% :<18-',~.. 501-5 30?-s 10-‘li osll 41 43% 115% 71",; ll 3115 2.111, 45%

C. P. Il. ... ... ... ... . . .. 185

Chrysler . . . ... ... ... ... 1.. ... General listers ... ... ... .. ...

20% 40%

U. S. Steel ... ... ... . . ... 1601/|

BANKS

Bank of Novo Scotia ... ... ....3211

Bank of Mgntreal ... ... ... ,...

Bank of Commerce .. . . .

hoval Bank . , . ... ... ... ... ...200

li.-\R1{F.T REVIEW' FOR AUGUST 3.

1030 _

‘TESL OF CANADA:

At:/‘ntlon bas been directed to

tho

;omnlon shares of Steel of Canada in view of the steady manner in which

i$2.30i_o00_ an increase over the first year

gs" _:U fb! Present prius of aruuud ill. In yt___ave recovered from the June low _ s coniicction it is important to tlke_note thnt nu investor lu -1 shares _‘_'_\:0 =`i\;@|_m0f Uuliada common totlny at ______\;l;;_ _Vis liecuiuing u pnrtngr lu ,n

3 ifferent equity from the pur.

chase: of 1 share of ths old common stock at the equivalent price of 184 dur- ing* August. 1028. TP* f“‘0~."c:\r interval has marked a

Period of notniile progress in the his. tory of this olitstuutlilig Canadian in- llustrlal ent'-rprise. The l:o|npaliy'e il\\3‘Sil‘ai properties have been extensive. ly iinprovetl, over $0,000,000 having been expended on plant. as n result or which It is ln better positioli than ever to benefit from llllvnntageoug ¢-r.n¢|1||nng_ ln this couiit-otion. it is iuiportlinl to note that these expenditures have been financed entirely out of current earli- inls. with no nddltlonul financing. The companys capitalization has never been increased since its formation in 1010. the only capital change being the -1- for-1 spilt lu both preferred and coin- inon in 1028. On the contrary. the fund- ell tleht has been redlired from 510.000,- 000 to about $700,000 having been effect- ed in the past two years. Ili spite of these heavy expenditures, working cap- ital has been thoroughly maintained. net current assets increasing from S13,047_iii0 as at December filst, 1027, to $13,ili3,81S as nt the enrl nf 1020.

The iiiiprovenient in the position of

Steel of Canada is typical of the pru- gress registered by a number of Can- adian corporations since the tlnis two or three years ago when their shares were selling at the same level as they are at present.

ONTARIO l’0\\`ER

SEIKYICE CORPORATION

That Ontario Power Servlcs Corpor-

ation. Limited, the new wholly-ovvnerl subsidiary of Aliitihl Power & Paper t"omprlny. Limited, is expected to show steady expansion from the time that the plant is ready for operation. is in- dicated by the rstllnatc of earnings rontaiilerl in the circular issued ill von- ll:-ction with the Offerings of S20.\l00.(»00 of ."»\,~} p.c. first mortgage bonds. 'Ihis estimate, which has been made by George F, Hardy. consulting engineer. indicates that for the year 1032-33 the omollnt available for lmnd interest and reserves will be $`2.l‘i‘.!,000. The next yenr the correspoulilug figure will be

of $222,500. The gain in the next year is estimated at $214,500. in the suc- ceeding four years the rate of increase is estimated at a much lower figure varying between $311,000 and $55_00o. The interesting feature of this estimate is that betvveen 10512 and 1030 the ellrulnga are estimated to increase from $172,000 to $'_’.stl9..‘»00. or a gain of approximate- ly $700,000 or an average of $100,000 a year. It should be noted that since Ab- itibl owns entire stock control the ia- creased eornlngs will naturally arcrlle to the benefit of that compaliy tlnli its share.-holders. The annual interest re- quireliieiits on the bonds lvill he $1.100.- 000. The amount required lor reserves is not given, but with the company showing expansion as estinvlterl the moun a. icable to Al-ili|»| should bs-

ACTIVE B

in--rl . . . .._ ._

ii~'-alih.-irnois Power PM] T"‘if‘i“hone ... . H "7 T`\'»\\er ... ... . t`an1fl,1 Steamship

."1

i".i.l{.... ..

ilr-ni. T. A- Pham. _ , _

f-nrlnoali Power . . Gal.r,|~n\l Power ... . .

s c nal come appreciable.

OSD PRICES

Wheat Sept December

GRAIN RANGE

__ ll ll 1 ll l Ns -»..-1:.: - slncl lnlnl

High Low Close

... ._.'o1a{..|nieg|nri=,,'. _ __ _ _*'

. ...lame 071/_.lin->l_§ ' '“ “' “-

starch . ...._llns llozniios

MH?

('orn

Sept. ... December .. . . 0715i 00 1071.-`,

May . . .

\VIN.\'1PEG

\\'hellt

flctoher .. Ilecelnber

.\iny .. . Outs

_ ....lim los lion-'-'

._ _ rel' -_- .. ._ ._.|ll0l,§,lo<; filo*/.

October ... - . - ....I 40'-,ii -i.’i"€i -iS'/5 December ... ... ...l -10 [-14%, ii)

THE NEW

YORK CURB

(Special to Johnston & Ward)

Bid Asked

Aero Supply B ... 7

Amp. Cyanamid "B" ... .. 21%

Canadian linrconi .. .. . . -i

_=-ie rs _.J-ua.-so »"._‘~f-X

llurant of Dolan-are . . . Zi’-'-i Elec. Bond & Share $1

Ford of (‘uuatln_ "A" ... .. 32 .-

gordbpf l3i_i_gland ... . ..

urn s ... .. .. ,ir s

imperial Oil ... ... .. 20‘,s 20% Intl Petroleum ... ... ... 10 101,; Hiram Walker ... Sli. il .\`i.\`ngara Hudson I. .Q P 107'. liiiii Sluiitinral Oil of indiana . ’ " 501.1 Sinnlllirri itil of lieiitu<~k.\' 3'_-'_ \'llc\luui Oli Sill S-1". Brazilian ... ... 3ii"l\ iiijfili Cities Service . ... . Shi. -”1"_s cosrlen on .. .. ._ 43_ gall; Noranrla ... . .... 2311 .’.~»;~_.. ifnltetl L & P ... ... 41 -i1',’s

THE MONTREAL CURB MA RK E T

(Special to Johnston d- \\`ardl

Bill Asked

Max ... 135 Asad Brew ... ... ... 1-l 1-1|/1

10% 171-4

,,_»

Asad Gas & Oil ... .. 40 Beauhsrnois . . . ... ... .. 10

British American Oil l"nna<linn .\ialting _ Can Yklers . .. 0'. Csrlings Drew ... ... B"-i Cosgrove Brewery . .. % 1

Dalhousie ... 8

1T 1001 4

Dist Corp Seagrams .. 0 10 Dom 'l'nr & Fhem Com _. 1415 10 Dom Tar & Chem l‘t’d .. W Eastern llairies . . . . . . ... _ _1_i'_ lniperinl Oil . 20'; -i‘_: Imperial Tobacco . 0‘4 fi_'_‘s intl 1’ctr euni . .. lii‘¢ 19.3 Intl i.'tilit_iel “A” ... .... _-_ll Noranda -3

Page-Heraey Ltd ... .... SS 80

(Special to Johnston .lc Ward)

. . . . . __.ll1ml‘1o.S~\.l1lo~l,; MONTR_EAL_ Que__ Aug 6__-rhe __ _ ___;m|_-_t 93,/_,101 ag local market continues in the dull rut

of the past several weeks with

“""““ ~ ~- changes entirely meaningless and

' ' ‘i ’ "‘ trading ofa. very light character. It

appears as if everyone agrees on the point that the market will not do very lnuch for several weeks and the

1o» lon i1oil` sidelines are becoming more and

more popular.

The length of the current lethargy

is problematical but those who have made 9. study of current business sit- uatlon feel that the majority of com- modity prices- are grounding bottom with a slow and steady improvement occurring from these levels. The market is no doubt awaiting the first signs of a general improvement in business to stage a. recovery that will be maintained. The constructive factor ln the situation is that all agree that the worst is over and that from now on everyone should take a progressive attitude. A good por- tion of the pessimism prevailing is more of the mind than of fact. New financing by Paramount Publix now offering $15,000,000 5‘~i% for expan- sion purposes.

' LETTER

NEW YORK, Aug. 6.-Wall Street

Mirror says-Further irregularity niay be looked in the early dealings today but it remains the opinion in the best. informed circles that any ex- treme weakness should be used for the pllrcliase of the better grade securities. While there ls no visible cliaillze in the general business situa- Liori it is felt without doubt there will be sufficient encouragement to induce those who have been waiting to make their irlarket committments to start buying. It is also felt that. when the speculating public realize that a turn for the better has actually occurred ln general blisincss stock prices will be substantially higher _than those now prevailing.

Forecasts and Factors

NEW YORK. Aus. 0.-Profit tak- ing sales are likely to be well absorb- cd and prices are expected to make further progress on the upside to-

market has a. good chance of growing active at least until it is demonstrat- ed that the market will be stronger

Perfection Glass .. 05 Reizent Knitting _Mills 3 ~i_

5 p.c.

0 pr,

a¢l=~5:U,>;u 11755 aeaaare’

_ _ . :_,:,_,_p

July 1, 10.13 Ort. 1. 1050 Mar. 1. 1051 Mar. 1, 1000 Oct. 1. 1011 Dec. l, 103| Deo. 15, 1014 Jan. 1, 1040 .Tune 1, 10-Htl A_pr. 1, lon

song os lol on on _ lol l as 101 sou 00%

Gflllneali l’o\\-er li-'\\\rll'1l Smith ... . . . . . . lionlronl l"o\rcr .

\l ni o l I’

-0 -' .'l ower . 'U

lionzr-nl Tralnvvaya _ . _

iiftiil-'Wil Trrllnwnys . .

.\ir.ntr,»,-,] 'I-mmwnyn ___

Price Bros. .,

Quebec Power .. ... . Shawinissn Power ... ... ... ... . -‘il-’|“`iI‘-if-'lin Power -‘il-1\\inllrnn Power i'nilell Securities

... . - ... . ... ... ... ... ...

DOMINION COVE'

ii`ar1.onn ... t __,

“`-'lr l.oan ... 1:' . "i"f‘f_\‘ Loan . ... ... "i~“i-“ry Loan ... . ... ... ..

Vi'”i""_" Loan ... . Tir-_ pn- '

'l al . Iioflllirlirig ,,, _

ii"f'\"llinl: . . . . Iivflilifliiig ,,, _ _ Iiofunliing _,_ __, ,_

sh UI

=-*‘..‘<-"¢.._,_:.¢= UFSFQ 1? an asia?

Julie 15. 1041 June 1. 10.'i.'i Ort. 1, 1055 liar. 1. 1070 J\ll_v 1, 1041

.c_ Apr. 1, 1055

Apr. 1, 1055 Feb. l. 1065 Dec. 1. 1083 Oct. 1. 1007 Feb. 1, 1010 Mar. 1. 1008 liny 1. 1052

loo nail 10214 lo21/, 101 sm no local lol ar

CFL ,_ niigvlfu ”?Fuv bees#

108% B7 100%

ItN)!E.\"l` BONDS

100.05 105.00 102.70 102.85 108.00

101. .'i 08.05 103.00 08.75 08.75

5 p.c. 1031 5 p.c. 1037

51/4 p.c. 1033 515 p.c. 10714 5% p.c. 1037 5% p.c. 1032 41.9 p.c. loin

5 p.c. 1043

HS Pr. 1044 411; p.c. 1046

LIVESTOCK MARKET

(Canadian Press)

MONTREAL, Que.. Aug., 6-There were ll cattle, 27 calves. 26 hogs and 15 lambs for sale on the two Mon- i-Nal live stock markets today. Cattle offered were common to JU-Si- Plain light heifers and lu-ought around $4.50.

Caives were steady at $9.50 for S°°d veal. sooo emseers brought $5.50. Lambs were unchanged at $11 to.

$1l.50 for good ewes and wethers. Buck lambs made $9 to $9.50.

Bacons and butchers were steady. at $12.15 with sl premium per nog' on selects.

"It‘s wonderful how her heir keeps'

its color.”

"Yea, I'd like to know who does it

for her."

Mother (admonisliing small boy):

And don't forget that I‘m your moth- er.

Small Boy: Yes, but I do wish you'cl

quit. bragging about it.

Nm Yer! Carb

lmao omcs nsysl am anualq,

JOHNSTON f-°`WAl1D

Stocks and Bonds

main- umm: so-1 smart. Nw"-1 Cr* lun", rm-so steel at-eta-1,., lrimpu GM' lrrbugl, Cbiiuga Boll of Troll.

MONTIIAL TQIBPIIOIIQ 1259.

(auxin)

GORDON BLDG. '_ Charlottetown. P. E. I. B- Bonn. Jr-. Mwst"-

fm-------

Stewart Jones 84 Co.

' 0orrnpo|sdmta of _ lclmonshieids s. co. I

_ leltbsrsdtltelontrealstocklxchmpo l' U

ll Great George St, Charlottetotn

° 1°' me new is we véewfd-v' but we “el

Reliance Grain Co ... S SN Sherritt Gordon .,130 lil.”- Slscoe ... -... ‘Zh -mv \\'nlker, Hiram ... .. 0 9.s

lulllllrn

Hoover Asked To Issue

Proclamation F o r Nation-wide Prayer.

ALEXlAN'DR.l’.A. Va.. Aug. 8-(B.,

pre Y be laden with rain. If they find one l they are going to sneer it full Ori powder and see whether that won‘t bring rain over this much patched area. .

Arrangements for the -experiment

from this point.. C.. M. P. lvfurphy-Because the mar- kets are always dangerous we would not follow this rally at least until it

in the past vleck

Hornblolver & Weeks-At the mo-

Summary

NEW YORK. Aug. 6.-Vaccuum Oil

delcares regular quarterly dividend. 'TLmken` Roller Bearing declared regular quarterly dividend.

S. S. Kesge July sales $10,882,428

decrease of 6.8% from July 1929, sev- cn months $78,340,038 decrease of 1.2%.

U. S. Revenue loadings 919,349 cars

in week ended July 26 decrease 193,- 204 cars from like \ve=k 1929, 1,14 997

ture at Rome forecast world wheat crop at 6,071,000 metric tons against 7,082,000 last year, decrease 141.1%, five year average was 5,748,000 tons.

Crude Oil production increased 26,-

600 barrcls daily during week ended August 2nd to 2,515,300 barrels daily which is 393.300 barrels daily less

are being di.re<:ted by Dan S. Hoi-_ lenga, business manager of the_ Chamber of Commerce. He has boi'-_ towed an airplane from the Wash-. Lngbon air terminal and is awaitinsi the arrival of 200 pounds of rain- making powder. according m Hollengr., me pow-I der makers odered the 200 pounds' of 1-a.i.n creating substance as soon

1 .

“G "W ‘°‘"‘°d "mt "“ "°"°‘“"°’ cog/reggtne nddltlonrl rally ln grain ini-hi-S°¢°¢i°¥\°f Viliinis WHS threat prices failed to stimulate stock oper- ened with ruin as the result of the ations. Possibly this was due to the

dry spell. All that was necessary, the makers said, was to have the

powder sprinkled Over a cloud by) fncwr which is not bullish consider- ths as-me sort of apparatus that ia' ing what the farmer has had to con- med in spraying ootbcn to exteh tend with already. m”‘°W th’ b°u w°°"'"' Th' 9°"'d°“ list succeeded in moving up close to will!/ct to 0011602180 f-11° 11101-S01!! 111 levels from which it has sharply the cloud md the condensed mois- ture vm ln” mmm., me 9° dm sions during the past, month. _'1‘his

but hu t‘° "nh ” “nn considerable quantity ol stocks in

Hollsnae believes the experiment

to be worm 1-wins. but he also he- daby_'_s °l<>=_1in_s __<lu°i-l_1t10ns- 1-wklnz

pu c par cps on n moplvhs up

uw” w° much huh should nm be these offerings the task is left tn the put in thas ultra-modern ldem. bullish professionals to develop auf

In making known that the rain flcient momentum within their own

' _ . I I C mee' '°““° "1" '°° ‘"°°- “° “M "1" ‘° “°°°‘“”‘““ “""°“‘° Assoclated Gas and Electric Secu rltles Company °“"°“‘“°°“ h° ‘M 'mt th’ ‘°”°""“' mvve lim hoped that an-¢lsy's

“N310 9° PN°id°'l\i' H°°'Y°"f market would supply a bull mad sig- IDC0l"P0l'3f€d "Inasmuch as the intense heat nal. It. has not done so. we believe office of

and d,rou|'ht may turn into 5 na. extreme caution is still advisable. In

tb e t. this ro should again de

3;,” dmuwr' 'fm Al°x‘ndn" Cham; cidee tberllllow tge illizrket to take care .

° ~ 0 0 0

°f 001111110160 M085 NUP°¢i»fUUY ot itself, as they have on previous _ CO0’ _

requBts that Your Excellency issue occasions. there would be little incen- “J Q' ,jf -

than 1929 week. Gasoline stocks de- crease 651,000 barrels, 44,100,000 bar-' rcls,

30 individuals high 240.95 low 237.22

last 238.47 up .3l_

20 rails high 132.63 low, 131.48 last,

132,06 up .58.

Wall' Street Advisory says-NEW

YORK. Aug. 6.-whatever buying activity developed early in yesterday's session appeared to be due to profes- sional operations and some abort

more sober realization that the bulge in grain prices was caused by indica- tions oi’ serious crop destruction, ls

In the early dealings yesterday the

backed away on two previous occa-

would indicate that there is still a

supply at levels slightly above yester-

_ ..._ _,__ __ ________ _ _s

,_i_:§i-:£1-tif.-: 1-:§:-:=:-:is-:"~:-:Q-_=-ee:-'-:-: :-: ' :-: " Late Market News

§:c§:-cz:-:" :-:=E:-»: :-:_ -:-: :-: :-:“:-:E:-:gpg

:-: E ;.

(Cliudlan Press) MONTREAL, Aug_ 8.-Produce. The filfihel' Si»l'¢1\8f-il developed in the Winnipeg and Ui-iicago wheat mark- eta was reflected in today‘s trade on the cash grain market, and values for all lines were advanced. A feat-‘ ure of the flour trade was the sfxerlgal-l that prevailed for spring

wheat grades. and values were mark- ii ed up 20 cents per barrel. Rolled oats advanced ten cents per bag. Ani ee-Sier feelin: developed for cheese and valux were shaded 1-4 to 1-2 cent per pound. Receipts were 2,541 boxes. The butter market continued firm under a good demand. Receipts were 2,096 boxes. Ottawa, Ont. Aug. 6, -Eggs-A little easier tone is noted today on egg markets at both Mon-

t.rea.l and Toronto. vrlth supplies still, coming in quite freely. Toronto-They

->_--1_1. __A __ I

appointing to the extent that it did not further share in the recovery of the wheat market. Leadership was not lacking for special effort to at- tract the following was made by ad- vancing stcel through last months high. Other stocks are not far away from old tops and in all probability another effort will be made to break the market out of its trading range and establish an upward trend. In view of its action in the last few days it ia questionable whether sufficient buying power can be mobilized at present to accomplish this.

The present recovery has made up

something more than half the dis- tance from the low point. The mar- ket often seems thin both ways with- i,n the trading area but the amount of stock increases very substantially as the rwistence levels are approach- ed. , - This balance of forces in the stock

market reflects a corresponding con- dition ln general trade which is mov- ing along on an even keel. _

Weekly steel production figures

showed only a fractional gain for the week. We feel that at least l tem- porary tum for the better mnnot bs tar away. We would be inclined to accept trading profits in the event of any further irnprovement in the near

stocks and add to them on periods of weakness

local egg market 15 slow and prices unchanged. Dealers are quoting count I

ry shippers for ungraded eggs extras, _ 29-30: firsts 26-27; seconds 21-23, de- llvered cases returned. Receipts ure;

plentiful and buyers have a good! supply on hand, Montreal-Egg re-_ ceipts here yesterday were 2,007 cas-,l cs as compared to 1,034 cases on the; corresponding day a year ago. The| market is unchanged ii tone audi price. There is some increase in L.i

clearing as closely as a. li‘-tie while ago, with the result that some few stocks are being placed ln cool rooms for a short time, Cliicago spot. 24 . Nov. 29 l-2.

_.._.._i_._.l_ _

l>oM1N1oN oF, CANADA BONDS -

(Special to Johnston K' \\'nr1ii

Bill .-\=i<r~l|

war Loan .. _.X5 i1o."lllof\..iolfll\_r.'- \\'al' LORD .. ... ... 5 _l03'l'Lll'H.i'»5 101 Victory 1.01111 ... . . . 5% 1033102.40 l0`.’._._5 Victory Loan ... ... 5\_§_103il102.50,102..5 Victory LOAD ... . . . 5|/g 1032107.75 107.35 ]'1¢ng\\';11 _., ,,.I.$l§_1032_l0l_i.’i 101.00 llefunrling ._ fir :i:i_}'1_Z:°-`_-’_E 99-5-' liefnnrling .. . -I l - -1 2.-» llefllnfiillt( ,. .. i‘» liiiti !|\'.‘-'|\ 9*'-Q-7|

PARIS W1NTER FASHION

PARIS. Aus- 6.-Gandhi turiics -

the Paris salons where _winter styles are being shown. Blouses of India print, handblocked on wool from _

Kashmir are another of the ofler- :

ings. ` _ 1

India. prints tlt right. in with the 1

wint/er color scheme of rich browns.

score of Paris dressmaking estab- I f

The fickle fashion makers- suddenly have switched over from tucked in

dey- mture bm W°“1d mammm °°“-“Wa” worn outside the skirts. The Gandhig 1;.-n ____ _

opinions - tive long range positions in seasoned “mics reach 12 to 13 inches below, |_;0..<lyr__l_nl. _ ._,__._,_ l._.___~ '_-_-_ ‘_-_'_

the waistline and follow the lines of l

Hutton and Co.-We think the -

mvmgsyoy & cg .an ordinary-blouse.

C. L, arrivals and supplies are not _»-..1... smelt o|...,,1l,_-

~_'l:».'.l:-mill..-1 __

t`,0'iil1it .\`i--in-l

.\!io Corp ...' ` '-'W " C1

, -‘ -.»-.1--Al 1

liefunlllng ._ .. l'-,ililli _|\_.iI_ .J,~..\.. _U “Min ;7:_ .';T'_ 1'.. -. l _

\iii _ C V U ’

GANDHI TUNICS LATEST "Am ]_,,,_,, .H-._ |_', l\', zu __

Ain. .\|ll

'tlii 'l`ni»:|lro-» . --» is-_ \|m l‘i-p 7.1 7-1 `.'»"-'_» "_-

_ _tn-1.1.--... . ._~:l1".r\-

have made their bow to the world lil i _\..l.-.rn an--. 1.1-_ 1.. ,.1 _l _ _~

inaifl 1.--ro ‘ ~ i 1

ll.-n-llx _\.- llotii Steel

orange ._

- ' lv li Ale

1 . _ Con Gus . .-10”:i"S‘rli'7’-i';i'\-1

red, blues and greens favored in a <_g_u_t__Cf_;_r-___- _-~. --

llshments lmv i'hrln .,

. __

mira- r at 1.

Erie

_ ,, F.

_blouses, familiariy called "tuck-ins ilfgge Texas _ ..

to "tuck-outs" or tunics, which arel 0°"

intl cam ...’ i i _ F-"- ln Nickle 23i¢,‘231/2.23 '23 .--1_2

il'

" Special to Johnston & Ward

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Closing Stock Letter

By LAIDLAW Ee’ CO.

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Old Gent.-Now, can you give me a

good reason why I should give you a nickel?

small Boy-I sure can. 1! I was an

old gentleman with is nice new plug hat on and there was iota of nice black mud handy, and a. kid asked me for a nickel, I wouldnt start no argument.

E You can stil/ secure Gold Dehmfzz/"3 Bo/ids at

a przce 10 3/ze/d over 5 3/4%

FOR a few more days our employees will continue their

special efforts to bring this sound security to the attention

of Associated System customers. Daily subscriptions to Associ- ated Gas and Electric Company Gold Debenture Bonds, last

U- P-)"Re5id°“i15 °f this my are lfrom like l9'>8 week and 8,907 below W8€.k,111C1‘€B.S€(1 80 p.C. Qver the preceding week, The fntcrggt

looking for a. comfortable-sized cloud 'preceding week. ,_ . ' .

fu-ssl one known ln advance w International Institute of agrlcul- shown has resulted in the extension of the campaign.

Have You investigated This Investment

_ Opportunity?

Prices of high grade bonds show an upward trend. A limited number of Gold Debenture Bonds are still available at a price to yield over S3/4%. Invest today and assure yourscif of this attractive price. A phone call to our office will bring an em pioycc to your home at once to tell you about the Gold Dcbcnture Bonds and the company behind them.

The wisdom of investing in companies engaged in distribut-

ing necessities has been demonstrated during the first six_ months of 1930. Vt7hile business activity in general declined, electric output

for the entire United States increased 1.4% during. this period.

Associated System electric outputgained 2 .3% for the same period. T710 Company’s operating subsidiaries produce over 81% of the total System gross operating revenue.

Gold Debenture Bonds are priced at the market (but not over $86), to yield over 511%. Investment may be made at thc rate of $10 monthly per $100 principal amount after a first payment of $10. To invest ask any employee.

--v-_ .__ ,

is damolistratcd that heavy selling _

will not be met at levels at which

. stocks have turned back three times

_ ._ pxocluxnuan for nano-n_w|de ii\_'_e_ to blly Bhd pltlliy 01 1‘€3S0l'l 101' Charlottetown, P. E. I _._.s

J W prayer meetinls to I-sk Divine aid se ng' k

_ NEW YORK Aug 6-The mar et 1 -_ _ _ _

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