E MARKET

‘B, lohisstelwfi) Ward's lpeclsi

uoaamo isAaxs-r urn:

Y. Aug. 21- uomfly carried over into m, enriy dealings yesterday. and “me further fair else declines were fgghlflled. Volume selling finally died out, however, and wtih a better tone developing in the rails a modest nliy occurred so that; the close wee wneraliy irregular rather than lower. hum; in the metals based on the possibility of war and the recent '5 rents rise in copper also vase a fac- mr in bringing about the recover-y. The steels as e group acted well. U. 5_ steel prefe red has not succumbed to the genera weekneel. Yesterday the Dow Jones Industrial average about reached the 115 ievei before re- fovnring. Thus some support was ghown at a logical resistance area. A further period of test however. is necessary to dicate whether or not the reaction has run itscouree. lsidlew and Company.

yonx N.’ NEW; weskhell

IUMMABY

NEW YORK. N. Y., Aug. 21-Gold liars quotéd in London at 130s liitd ugnlllpl 140a 8d Tuesday.

Piicannt-nkc Corp declares quiirter-iy dividend of 7b common.

Nciv York Federal Bserve Bank rppbftl department stores sales in Mrtropoiitan area of New York for period Aug. 1 to 15 increased 1.8 per cent ovcr like 1084 period.

iron a says steel operations and scrap pr ces continue to rise iii one of the most unexpected upward swings in the history of the trade. ingot output has advanced 1% points m 501,5 per cent in its seventh con- secutive iveokly rise. President Rand of itciningtcn Rand Inc. states earn- lugs are continuing to run substan- il|l1i_\' slicnd of those for the com- piiielily period of 1014. Declares that for‘ the inst 4 months of Fiscal year, not earnings amounted to $380,000, int-rouse of $412,000 over like period l yfllii‘ I510.

(‘hi-siipi-iiiic and Ohio R ll 7 months eiidcii July 31 not income after i-iiarizos t-qual to $1.04 e comiiitm IllilfL‘ ugniuiit $201 e share in like 10M pi-riod. Declares regular quart- ci-iy dividend on common.

regular cents on

srisis Low as» on m inii nuns 124m 126.31 0,30 2n mu .. 21.21 25.11 21.01 _ to Bonds . peso 0.1a High Inw Lest Up so Rails asap ates use 0.0a

l". S. Electric output up 01,4 per rent in Ircck Aug. l7 ageing: in. crcsu 9.7 pcr cont previous week.

Msthii-sou Alknil declares regular dividend.

Dow Jones.

BANON SAYS

.\IO.\'TREAL, Que., Au . 20—T'ria market's reluctance to folfow prices down iii the early part of yesterday's iwrsmu was followed by s rally iviiich curl-led prices up from tho lows of the da . On the whole yes- itiiifiys deman for the shares, par-

Mt ’I. Stock Exchange

(Quotations furnished by Johnston

and Ward members of the Mont

real Stock Exchange. Mentrea

Curb Market. 156 Richmond Street h... lottelowrsi.

ltnclrs

Cnn Cctu pfd 561$ out: Ciiti iiyiiro 141cc pfd 52 52' (You iuil Al A .. . 5% 8% (‘iin iliil Al B .. 1% 7K (‘nu North Pow 21 21 Cuii l'ac . l0 10% Cons Slut-it l7 17-1 1min iiridgu 20% 20% lioui lfoalu d .. 10% 13 uu Steel toiil ii 515 5% (ii-n Staci _\\'ares .. 11% ii , Gypsum .. . 5%‘ 5 llnu iimiib Pap 10 I-liini Br-ldge ' 3% linii iioiii 1350 inii Nickel .. 20 liitl Pow pfd t5 liiiiisey Harris 49h cifoli Fro i3 \iont Pow 33 \iiti Bron 81% hit Sta-cl Car 11 lkiuor Corp 8% Quebec 1'tiu l5 B! Law Corp 100 Siiiiivinlgiiu .. 18% Slit-r Wii 12% 12% Snuili Ciiii Pow 12% 12% Suit-i Co Can com I10 b0 BANKS Commerce . _ _ . .. ,.. ... 142 iinutrcal IB-‘l Ilium ‘ Scot “ 20$ nyti _, .5 .1 .. Bank of ' 63% Ma rk e ts A t. A wansdian Praise) _ _ Toronto 1nd llonireal—I stocks lower. ‘Toronto Mines-Golds lo Iii‘: bill

irirtals higher, Now York-Stocks closed higher.

‘eiiinnipeg-Whest tip 11$ to 1% n s.

New York-Cotton lower: with" and anger higher; coffee unchanged. ._.._.____.._

LIVESTOCK

lilill I

rose) li-Offerings cntwsi livestock iaar- h d coni-

d loge

ie on the two Men -

ivntoek markets today. and in

‘Within. there were shoe soo ttis

ii , ‘M he oven om os-

ll I aiar a“ trsdis was st a stands

Caves hron t as» for t-asssrs

to ‘use fer fireside good ‘dhalitl

Ute a1“ m‘. at ugfir "Q31

GOSSIP

ticulsriy ‘Lndustrials. was slug eh on the recovery iii! 0103"" l‘ ies new favor some further correc- tion hafore the mar-ket is in a position to resume its uptrend, I suggest that you tsks half your rofite in Indus- trial shares here an retain existing positions in Utilities and rails for the resent, Gold shares esgked to new owe for the year Iflilliill- villi-II" of selling agaui failed to make its appearance. Trend in this division is still bearish but a number of il- sues continue to show signs of re- eistance to general decline end I therefore au geet that you continua to pick up ome moderdaq on s scale down.

' . Bsnoss.

IABING LITTII Evening

‘NEW YOBK. N. Y. Aug. 20- Whest closed 2 cents higher. ut un- less the Ethiopian situation results in drag ing in other uropeau nat- ions has des Italy. it is not likely to

r ly r.

Cotton closed 11 points lower and I do not believe that the Government will loan more than 11% cents on it. I said last night the market might 5:0 a point lower, after which they would resume the advance. ‘Phe in- dustrial averages which were low at 120.07 yesterday, wcnt a trifle over a point lower to 12.07 closing st 120.31. The other averages. rails and utilities did shout th same iu pro-

portion. As elated yesterday, the market should remain strong tlli Saturday.

it is the President's pet measure and he is not likely to et Congress adjourn without some sort of leis- lation ori this subject, if the bil is passed after the close Saturday, a weak opening may be expected next Monday. it may also finish the pre- eept phase of the advance temper- sr

iy.

Douglas Aircisft made a new high and i expect a dividend tomorrow or Thursday which should put it to

or so.

Amn. Foreign Power '! per cent pfd, which i said to buy st 87 sold at 37 closing 30, should make a new hi h this week.

m. Woollen pfd reacted a little further than 1 expected, buy mosr likely bottom today, it is very cheap

at 46.

United Aircraft also recommended a in yesterday closed a hgher and will make another high soon.

Corn Products gave you another chance to buy it back at 57 and should he bought there if not bought today. Wilson pfd which you were told to sellout st T4 is now down tn 26% and around 65 would buy back a .

’i‘cxss Pac B'y sold at 21% closing at 22% which was probably the last chance ‘to buy it below 22, still a big bargain. American Smelting is way behind the market buy it at or hciow 48.

Auburn Auto which I said to buy below 33 sold st 33 closing at M. Hold for 10 points more, Case 'i‘breshing gave you s chance to buy

near 04. as advised yesterday. closing vat 66% should make a new hikii. ion can buy Bethiehe Stool 35. U. S. Steel near 43. Bel imoro and Ohio 1d. Johns ilanvllle (i2 to 61. M20801 llfd 34 and I think the tractions are through for ti‘ time he-

in . "Elie rails should do better this Baring.

PRODUC

\

point new

(Canadian Press)

MONTREAL. Aug. 21-Butter and gntnto prices edged functionally igher on Montreal dsir and

y ro- duce markets today while other lxijnce held steady.

At the weekly suction held st the Montreal board of trade 886 boxes of no 1 Quebec butter sold at 20% cents per pound while 1.224 boxes of no 1 Quehce white brought 0% cents. A total of (l h0g1! of no 1 colored sold at 0 7-16 t-i-iita.

Butter was generally quoted at 20% to 20% cents per- ound for carlote or less of no 1 wbie lots to the re- tail trade were 2i to 21% cents for solids and 22 to 225$ cents for prints. Receipts totalled 10 boxes.

Cheese was 07s to 10% cents for no 1 current Ontario's and 0% to 0% cents for No 1 Quebece. Arrivals h- tallcd 2021 boxes. -

Eggs in cariots or less held steady at 3‘! cents s dozen fen A-iarge. 25 cents for A-metlium, 21 cents for B, and 19 cents for C. Receipts were 2,- 424 cases. I

New Quecbc potatoes were hi1 to 40 cents per SO-pound bag.

New York Curb

(Canadian Press)

Stocks Am Cyan B

Am Gee El Arn Sup l‘ow Atlas Corp Can liiar

_____i._>_._.___

EXCHANGE

P

llONTliéAclf-Ti: 2ri.—.-lgritish and you] n “mange in relatou to the Cane isn dollar as comp-Jada"! d!" Royal Bank of Canada cose ti» s! as follow .

Argentina pew 119°-

Aiist lls gonad d 0871. Austria ec uuns ~1°i‘°~ Beuliilniriimfe. B3“ Bong Konhdoiist-s .4836- “ k krone - 1~

Deum

.1 . ltiitisiiii‘. 1w- ilpain esetsfi-‘lI-‘ic -am‘ 5:135‘ Jigs» eeuir ts-ae p" w" pram uni. __ | .

new youth's.“ girmltgrtdlgl: ehaolfi “when 4 ecu; clos M? to us ions s mt- FM" °' my; g Bel inin 16 00: “mu”, 40.4 ' '9'” .. :33. 4 | ac an . flosfiigmli“ m, 4 so?“ frase B dollar 110.0%“; m“ .0 gull-h... r5333?“ _doilar '00 37'

a‘ .12 ‘fr: s.ii‘...”i§‘.1s"’é’.‘i“‘

U. l dollar

.6S=itifick_Qation A

' Stock Exchange ‘

-—-_—-

(Qaststllsn furnished by. Johnston

sad Ward. Iellsbere et_ leatnui Stocks Exchange. llontrsel Curb Harlot, Ill Ilehlssorid stmt, (liar- reassuring Inst Air 141 Am 38% A 62 16$ ' 2S Ati Bet 13014 138 Am Csr Found 22% 22% Am For Pow . 858 855% Am Loco -- 1 {a 16% Am Pow Light 8 8% Am ~ - 18 18 Am H Am Am Am A-n

Loose Wiles Bis 41% 41% iilack Truck 21% 21% Math Alkali 30 30 Miss Kan 4% 4% iiiiss Pnc . 2 2 Mont Ward 114a 85 Nash Mot l5 151/ Na Bis . 2i) 28 Natl Dairy l'rui| . . . . .. 15% 16% Natl Pow ElEghE , . 13 12% New Hart-ii . . 1 74 New York Ccn 23 orth Aiiicr 2'.‘ s North Pat. 11% Pack Mot . 5 Ponu ltaii 285i Pub Ser N J 431,5 Phil Pet .. ,_ 20% Pullman (‘o 42% Phil hioi-ris . 48% Radio Corp . . 7 Radio Kelili iirph 2 Re Iron Stool 187a Se eway Start-s 40% 40% _Senrs Itoebui-k . 57% 67 Shell Union Uii 10'}; 10 Sim Cc.__ .. 15 15% Socony Vac ' , 12 South iic *0 10% South itaii .. 0 taad Brands 14

1B 18 Z1 211,5 10 10% P . .. 10 10h Case Thrash .. 05 081/, orp .. 2e 22v. Com Sou . . . . .. .. 222 21/, Cong Nairn _.. 30 315g Chee Ohio 45% 451/, Chic North . 3 2% Chrysler Mot 501,3 0054i Col Fuel iron 21;; 2 Coiuui Gas I-i 131,5 1.11 Com Sol .. ‘:0 19% Con Gas ... 31% "21s Con Oil . . . . . . . . . . . .. 0% 01K. Con Can . Corn Prod 68 Bud E I Dupont East Kodak Elec Auto Lite C . 26 “B54 Elee Pow Light 0 1,5 Erie .. 1'. 12% First Natl Stores .. 52 51a Freeport Tex . .. 20 Gen Asphalt 10 Gen Elec ,.. 32 Gen Foods .. 845-’: Gen liiot .. 42% Gold Dust 101A Goodrich Rub 01,5 20 l a 21% 20% 15 10 17 53 20

Kan

Kelvinntor ,,.. Ken Copper . Lambert (‘o ... Liquid Cnrb

Loews lncorp

Stead Gas Eir. Stand Oil .\' J . Stewart \\‘iirnt~r . Studebaker _ _ .. Thermuid

Texas (‘n .. . Tim Roll iiuitr ...

Union verb (‘urli tilt; Union i':- 08V; hi“ ii i7 4.1% lriig iIS H's} Von Stool .. 1014. War-oer Bros Co .. .. 51/, Warren Bros 4% West Union 4815 West Elec .. iH-‘n. Woolworth Co tit-it. Worth Pump .. 105$ 10 Yellow Truck 3% 4 _ n. Currencies

(Canadian Press)

NEW YORK, Aug. ‘ll-Bates settled into a narrow Ill-WC in quiet desi- inge in forel n exchange today. The‘ Canadian do iar lonélliy . e sterling closed unchanged st i‘ while the French franc tiip- d .00 d! a cent to ‘.1 03* cents. MON REAL, Aug. 21—'i‘ e pound

eased 6-82 of a cent to 4.00

and a1

ains. heavy.

down

cents

sterling‘

it on enti-eai foreign exchanges to- day while the United States dollar was down 1-16 of one per cent to 1.00 5-32. The French franc at 6.04 was eff .01 of a cent.

GRAIN

(Canadian Press)

WINNIPIIG. Aug 21-Hlgher prices for wh t ruled ia the world rein markets today as crop condi- tons in the gs producing countries remained decldr g‘ unfavorable. Futures on the \v'i,nnipeg exchsnsc lid to l“ cents higher.

of i! in sales-end . uturee closed at their st prices, An tober

and, Decemgr so

' 1 U D irzwzns: rice m

uni, s» .' Today's -esht his

0 ‘DUI’! n . :dvsnes ‘MID-wed

yesterl

'1 t

Ia 1 or

NeICWIliNo sow and 0x1 feed as; ile a: |No use» it i... w. ... Jrilixii:

u.s. dsssaissdellll’

geldfPoafl: 1"‘ u i

01W

w.‘ it» 4 c};

ket today.

penny issues. development. action in the base met- shnres was the_ feature. stocks mounted on hesv the early trading, heipe world prices for non-ferrous metals, but they crumpled under profit-tak- log in the afternoon. Only the big issues, Norands, Hudson Bay, were able to hold their g Silver shares .

Norenda closed Just mark to show u net gain of 1% and Hudson Bay at 15% point. Fuicoiibridge retianed 1S cents 25 cent gain bed 2 cents higher at 75

of an earl Oreilie fin iinse Metals the main weiilrgi-i‘ to 61 with the

cents lower at B0 Sudbury Basin 1 down st 1.62 and Waite-Amulet 2

Three ofthe higher Pioneer. Teck Long Lac closed higher hy 4 to 10

w the others took losses.

TORONTO, Aug. 71- Stocks

TT- GU11“

< ENTERPRISE Halfum-Century of Leadership i Proof of More-Value for Your Money;

ENTERPRISE .

Victory I

“Best Range Value in the Medium Priced Field.’

700

ENTERPRISE

Economy ~

“Ideal for Smaller Homes.”

, loo

No Interest.

Easy to Own on the Holman Home Plan. ‘Just 10% now and 10 months for the balance.

There’s ‘an Enterprise at Every Popular Price

Pawnee K

Sud Mines .. Wood Kirk ..

N§£§gial§

mar- displaying

secondary Aside from this

Miscellaneous

(Canadian Press) MONTREAL, Aug. 21-

The“ Wheat nor no ° 80 fiyltflfzhg issrisy'c w no a 45s.

Oats feed .no 1 42. ‘filllgur sprving wheat patents. firsts

Elour seconde $5 00. Flour bakers $4.00. Flour winter wheat patents. choice

$3.20 to $8 30.

Flour white corn $5.10 tn $5 30. Bran ton 20.25 to 21.25.

Shorts ton 22 25 to 23.25, iiiiddiings ton 28.25 to 29 Rolled oate bag 00 lbs 3.%. Hiiy no 2 per ton cariots 10 to 11

Cheese no 1 cur Ont 0V8 to 10%.‘ Cheese No 1 Que 0% to 0%.

Falconbridgc and slightly

under the 40

W938

was up a half

and Pend

(‘izpuratious displayed

"min 41 will Butter no 1 201,4 i 20v. ‘fir! 518g i" 73 Eggs in cartons A01 like 38. viawi 3 Eggs a 1 medium so.

E ... . pi-ice go de, m“ B n‘

i ii: 2. and Little Pggtogsznew Que go's 35.411

Iii MEMORIAM

LUCIOUS E. OALLAGHAN i

"m. death of Lucioius E. ains.;- hari, Holman Avenue Mexico, Rum- ivrd. Maine, occurred on Tuesday morning, July 2nd. after a few months illness.

Mr. Callaghan was born and lived until manhood on the homestead at Auburn. new occupied by his oldest brother, Patrick Callaghan. He was a son of James Callaghan and Mary Carley, both deceased and was in hie 47th veer. He resided in Rum- ford for the past eighteen years,

Hughes

Close

D "m" _ _ _ _ _ _ _ _ _ __ and bad served as e. miliwrigbt in pmnmn _ _ the Oxford Mill. He was a man of iliiriiigrado 141 ilngriy noble traits of character. r _re 4% nest in all his declines. quiet and ggfl! 151134 sincere in disposition. kind and af- qold...” __ _ my, fectionete in his home. a devout onormsii 7 Catholic, and a, good, citizen, He 3:33;?! - was very often visited during iiis Gun“, illness by his beloved pastor, who Hum-ow _ administered the lest sacraments ~I>Ioilinger before death arid was quite resigned ggggv-‘Ifl to the W111 of God. and the end I M 00;“ came peacefully. Kirk Lake His funeral, which took place ori

July 4th. was largely attended by kind friends and sorrowful fellow- workere, and all that was mortal was laid w rest in the Catholic Cemetery. High Mass was celebra- iieci by bis pastor.

Surviving are his wife (nee Amiid Rieily) and five small children; sl- eo three brothers, Patrick and Ain- brose at Auburn. and Bernard, Rox- bury, Mesa; also his aunt. Mrs. Pieter Dunn, Charlottetown, and a number of relatives to nil o! whom The Guardian extends sincere sym- pathy in their sad bereavement. Eternal rest grant unto him. Oh Lord, and let perpetual light shine upon him. May lie rest in peace.

WILLIAM ROBERT ROBERTSON

s4 “i, The grim messenger of death m0 came with unexpected swiitness to . 140 the home of Mr. and Mrs. William - "5 Robertson. Kingsboro. P.E.i.. on ' ,1’; Friday afternoon. August 16th. when ‘sea their beloved son. William Robert - 8 Robertson. aged 7 years, was drown- fl,‘ so in west River.

Accompanied by his younger sis- ter. Glenna, aged B, they went down to the river to wade. and while so doing he stepped into a hole. and being unable to swim met his death. The little girl hastened home for help, but when help arrived it was too late. ‘riie body was rvwvercd later and taken to his late home.

0n Sunday afternoon, August 18th, services were conducted at the home and grave by Rev. H. R. Boll.

§ec

S

ieéicetmfefi

titm aasdnbicd to share and @1111- psthise with the grief stricken par- ents intbeir loss. An appremiflie ~wss-give11. accompanied by music-after which inter- ment was made in irinrsborn Cegi-

story.

Besides the stricken parents. three brotiwrs and two sisters survive

The hearers were ciintor Stewart

. I‘ MacDonald. George utsss‘. _

Jarvis. in-viiis Pair!

A large and sympathetic cvmrtila- I

O M 7 ’L CURB (Johnston and Wart!)

Stocks Opened Last Assoc Brew ... 12 12 Brew Corp voin ' 2V1 Brew Cor-p pfd 17 Brit Amer Oil 16 Can hiait . 831/, Con Pap 100 Dis Sea; . . 25 Ford of Cnii A . . 27 1 Imp . 10% Imp 'i‘ob 13% lntl Pct. 36% Mitchell Roi) 4 Norandii 38%, Price Bros . 2% Teck Hugiit-s .