_.’-‘_..;.?-->>.¢-.....'.......“ U... .n.__. .

Stock Ave rage Hits Five Year lliygh At N.Y5.

gt 100 on freely circulated rumors or a rmeg split and an increased dividend. Other; chemicals aPlWlNd mixed.

The boom in automobile stocks _wl(s traced t0 Gum's estimate of a

roduction this week amountinl W 34,705 units compared with 64958 “mg in mo previous week.

American smelting was one of the outstanding shares among the met- p15, increasing 2 0-8 points to 72 7-8. some of the copper: lost fractions. and the steels were firm with U. S. steal up 1 at 07 and Bethlehem of Deleware up 3-4 to 59. .

Amongst Canadian issues int}!- nstionai utliitiea B advanced 2 to 14 1-2. Ford of Canada B was off a, point at 80. Fractional gainers in- cluded Dome Mines, McIntyre- porcupine, Lake Shore, Brazilian and Quebec Power. Canadian Paci- flc. nlstlliers-Beasnms. Canadian Industrial Alcohol, Dominion Shor- es, Holllnger and Imperial Oil were slightly lower.

There were 028 shares of all kinds traded during the day, about the same as yesterday, and the 890 ad- vances were only slightly under the

previous session. l‘ " numbered 352 against 828 the day before. Transactions amounted to 2,895,140 shares. The Associated Press aver- agc of 60 stocks increased .1 of a point, to 88.5, the highest in around five years I

racrrrslurm Ana runs/timid. you - BERMUDA nAcas

(By The Canadian Press)

HAMILTON, Bermuda, March :_. owners o1 the famed Bermuda six ruetre yachts are preparing for the thrilling races which will decide the winner of the Prince o! Wales Clip and the Governor Cubitt Tro- phy here in April.

Achilles, the 1033 winner of the Prince of Wales trophy, slid off the ways this week after undergoing repairs and improvements. sher- man Hoyt,- well known yechtsman, has already arrived in Bermuda and although suffering from s sprained left arm. tropes to be able to takc mu-t in the yachting program this spring.

fig n 1. mo

Two Six Year Highs. Seen At Montreal

---_. (Canadian Preaa)

MONTREAL, March 6-A scram-

ble for hlgh-prioed-stoeks brought

v- - “erbium-swimmer oumaowwmywm vlrlfllihuaidu‘.

-' . “ .

I

Morning Stock Letter

Bains that ranged to 10 points on Montreal stock exchange today but the cheaper groups milled around somewhat irregularly.

Upward tendencies veiled in utilities. metals and though a l" lllllcs in each group showed lower prices. Papers were irregular- ly higher- and liquors mixed

Spirited bidding sent smelter-a swiftly higher to finish with a 10- Point gain at 208, highest since 1030 while Noranda established a sir- Ylflr high at 50 1-2, before closing up 1-4. Nickle dipped 1-2 to 80 1-2 on scattered selling.

Gains of a. point each were mark- ed up by Bell Telephone and Cau- adian Hydro-Electric Preferred. Brazilian, Canada Northern Power and Montreal Power absorbed mild

profit taking and ended with small gains but Shawinlgan and Southern Canada dipped 1-4 each. ,

Total sales were 29.557 shares; bonds $6.900.

Paid Conscience Money For Hat-

check Error’

A Peculiar mix-up in hat checks on a passenger train scans 15 years ago came to light recently when the Canadian National Railwa s received an exprem order for g3 conscience money from on rm- identified person. According to the letter. the writer was travelling be- tween London and Toronto, but his returnr portion of the ticket W" only Dumhased ic Hamilton. The conductor, in collecting the tickets, punched the hat-check of a fellow traveller for Toronto but inadvertently the check was put in another man's hat. When a. new conductor took ove: the train, the owner of tho Toronto ticket moved out of the smoker; but he was able lo show the return portion of his ticket from Toronto to London, so “l8 0th" PM-ocnxcr rode between Hamilton and Toronto free of charge. As he wrote, "so they passed mc to Toronto, wondering how the mistake was made, and only, recently did I find out that the error was mine." The 08 has been credited to the "Conscience Account" of the railways. Appar- ently the writer had computed his own scale of mpound mum; or, thc sum owing, for the present rate one-way between Hamilton

l-‘or r-lrapped akin lllnarlPa 1a but

rrurtl. Other ratea on application

Minimum Charge for any advertisement twenty-five surfs, Jllflfl§§§fi

Central Guarflla 1 al 4o .

Llzovnxflxln; “Anrlrolrlrilozlnszda ovllrclllllll; lY.-'.'.lf."'¢.."r'.'.'. 21:51“ mum h c 59mm.‘ srllulls‘. €éllntl.‘ll.lll\flgfllv‘lsolgr1adlflg:l inch; Lilla ‘of Iloral and ll" lnrhr Notices ‘or Thanks llrni xpflfldlltl‘ a u. n‘ cannula w”

and Toronto is 8135.

Claaalfled

. 70a per inch or 4o par

For Sale

F011 3am - 17 TONS coon hay. Apply Geo. MacDonald, Mer- _maid. lraara-a-s-al. ZZ FOR. BALE - 80 ACBES 0F LAND with dwelling house and barn. Also other buildings. Well watered brook running through farm. S.

A. Morley, Argyle Shore. 11-3357-8 4-7-11.

_ FOR SALE — PURE DEED BAB- red rock cockerels. Alfonso Bryan-

imi, Charlotte‘ n R. R. N0. 6. 11-8007-3-8-31.‘

______________________

FOR SALE AT CAELETON-FOUB. nicely finished overnight cabins which can be easily moved to any desired location. For further in- formation write Mrs. J. McOurdy. Bell, 34 Kent Street or Phone 1061. 11-8374-8-8-31.

FOR. BALE-MOTOR BOAT 45 1PT.. long, 12 ft. beam with 20 H. P. imperial Motor. Apply Artemas

_l3etts, Cumberland. L-3373-3-5-3l.

Port slim .- suonoa roan:- Five Bridge and Whist Score Cards. Guardian Central Job Prlntary. .

wit GALE-BLACK Parwulirmri Stallion. Registered No 202015, Weighing 1000. Age 1a. wlu take horses in exchange. Henry Mai- latt, Norboro, P. E. I. I.-0120-2-2d-28-8-4-7.

ma aanl - carillon. mm-

liole mare i! years old. Apply Prank Tremors, I-1 “' 11-8428-9-7-31.

FOB lALl-ifi ACRE FARM Al‘

Miscellaneous

WE BUY MEN'S CLOTHING AND footwear. All kinds of tools and furniture. Exchange , Store, 100 Richmond street. Phone 809.

' L-38li8-3-6-3i.

THE BEAUTIFUL THING ABOUT saving through Life Insurance is that if you die your fanuly is pro- tected by the amount you expect- ed to save had you lived. Consult J- A. Moore, Currie Bldg. 27-tf.

PRICE REDUCTION 1N FACTORY surplus stock-50 cow stanchions $1.90, 70 cow stalls $0.00. 80 water bowls $2.00. 1 maclure carrier, 1 grain grinder, 0 exten- sion ladders. 3 pump Jacks, e bmoder stoves, one incubator, a pressure tanks. 4 shallow well water systems, 2 deep well sys- tems, one wind null pipe, all sizes. Preston Toombs. Beatty Bros. Rep, Kenslngton.

llPPll-ENTICE W A

n-rsn-‘ET:

B. dollar 1.00; franc 6.67 1-4.

Canadian dollar 8.87 1-4.

dollar 14.09 1-4 fr; Canadian dollar 15.00 fr.

58.73 cents; Canadian dollar 88.76

cents.

NEW YORK, March 8—1l‘oreign exchange steady. Great Britain de- mand high 4.00 8-8; .low 4.00 1-8; close 4.90 1-8; 80 day bills 4.98 l-4; France 8.67 1-4; Italy 8.02 1-2; Bel- gium 17.07; Germany 40.87; Canada 1.00 1-82.

New yYork “Curb

Private Wire),

NEW YORK. March 6-'1‘he in- crease of brokers loans of. a101,. 000,000 for last week is probably partly due to new Government fin- ancing. The New York Herald Tribune carries a story that the Treasury has extended its silver buying program 0n newly mined silver to more producing countries in the American Hsmtsphoro, tho article stresses Peru- This should help Cerro di Pasco.

National Dairy is going to sell 062,000,000 3 3-4 per cont 15 year bonds with warrants, and $7,000,- 000 2 1-2 per cent notes. .'

General Electric 1g sohedulsd to

ound current levels with at least a mental atop loss order at about 47 mightprove profitable. MONTREAL, March fl-Jfhat service thinks the rubbers a group are the moat attra ive speculative groups bears 0- per cent preferred shareholders U. B.

cent preferred in exchange and if accepted company will start pay- ing on it right away. Like Briggs, Motors. etc, and Feno Enamel. Also hear good things of National Gypsum.

Dun and Bradstreet says quick to take advantage of the-bad break in the weather. retailers feature

m” a dividend meetl Wdfly- well timed events which drew the Reynolds Tobacco d lar-ed the largest throngs (if shoppers that regular dividend after close had been served at some centers

last night. We would ~1oo for an irregular firm market today and with probably some profit taking toward the end. One situation which is rather interesting is Loews. We believe apurchase ar-

N. Y. Stock, Exchange __

since the peak of the-holiday last December. This lifted the estimat- ed average for the country 8 to 12 per cent above comparative period 1035, United Corp. declares regular quarterly d1v1dend78c on $3 pfd.

vtsltlnlvs iiltll MARKET nutritious

rfiupplled by Pilflvid and Com- prany members of Montreal stock exchange rand orb market)

~0oen Last

Stocks ~ Abiiibl z ‘ 2 - a Ilafiltrllrat A 141,5: 145’: G t Be ‘er 14o 111 §,,,,,,,,, A H, m, orrec e For Every C Pow Can Nor 1'r 211/ 941: C“ ,W 7. 11-1 Wednesday 8t Sat- an 1nd Al 1r 1r l ' Pa“ Pic 14w 14?}. llrdfly S ISSUE. (Jclanoao 30 3o (inns Hull-it 2n 25s i‘ llisi. Song 2.1 a rrronucn manna‘ ‘ Dom Brldga Ell 3Q Duru St fir}; 7 Hay loose. cwt. 55¢ Dom T“ 73 Hay pressed, 75¢ linp Tub 14s,, 14s; BREW DWI-Bel! 85c 1m Nickel or 501A RETAIL rrArsrm! lifaaaey Hnrrla (1% 01y, McColl Front 101;, m1 Celery hunch 20¢ Mont Pow ax '\ nru Olllill" 1b 4-7c Nat Brew 431;. B9B" 11k Lllc Nut at Cur 11 16% £18m" "l 4e pa“, cum 11% n,‘ Celery hear-la 15¢ ghnwmlm.“ 22,- 2.3 . lotatoea pk 30¢ Sou Can Pow 1514,, 131,3 “PM” d" 1545c st or Carr call, » s4 Qmfllgipa‘ ‘or ill-if," f‘. m»- i-tltliz" .1"... I.“ 0c m; of Carr 54 so ““""’5° “ml 15"?“ B)‘ “t “mm” m“ "l3 Ylizaatmlreot 1244c Bk of Mont 20s 20s Sm“, n, 1'4"“ or of N. s. 2m: 2m B“, m, afigg Royal Bk r90 rso gm, mm, 101,120 l-lxslv- . " - 1. s ' Mutton 11:431.- EXCHANGE P012111 (i Eggs do! £02 (CaAnLadian Press) "ill MONTRE March tl-Britlsh and foreign exchange in relation in c“ d" n’ 5‘ - l (‘oral-ll Mackerel each 15v the Canadmn dollar as compiled by Ivladrlock lb " 1b.,-

the Royal Bank of Canada closed

today as follows:—- Argentina peso .2770. Australia pound-MSW. Belgium belga .1708. Brazil mllreis .0575. China Kong Kong dollars .3270. France franc .086725. " Germany reichsmark .4080. Great Britain pound 4.0012, Holland florin .6875. Japan yen .2014. < New Zealand pound 4.0252. South Africa pound 4.0883. Spain poseta .1383. Switzerland franc .8804. United States dollar 1.00. Closing exchange rates:- At Montreal-Pound 4-90 1-0; U.

At New York-Pound 4.09 1-8; 1001-32; franc

PRODUCE

(Canadian Press)

MONTREAL. March 6—Prices

ruled generally steady in quiet trading on Montreal open produce markets today. l Graded egg shipments in earlobe or loss were unchanged at 33 cezls a dozen for A large and 86 for A- medium.

Butter was still quiet at 22 to 22 1-2 cents per pound for cartons or less of no 1 while lots to retailers were 28 1-2 cents for solids and 24 to 24 1-2 for prints.

Cheese was unchanged at 12 cents for no 1' Ontario colored, main line arriving.

Potatoes: P E I mountains, 90's 01.2510 $1.30; 80's $1.10 to 01.15; 50's 75; 10's 18; cobblers, 90's $1.20 to $1.25; 80's $1.05 to $1.10; N. B. mountains, 90's l1 to $1.05: 50's 751 10's '16; Que no 2 whites, 80's 90 to 95; New Bermudas. 50 pound crate, $2 to 021p.

At PlTl%\P0il11d 74.88 fr; U. B.

In gulch-Pound 12s; U. B. dollar

Produce ' Prices

V (Canadian Press) MONTREAL. Jdaroh 6- Wheat, nor no 2 01. Barley C W no 3 45.

learn Barber ‘Prado. Short Course o t5 feed

‘Jul-such *- l a, 110137. 13-1-3152" ' " ='~-=l~- ::::s~':;."..r:.. 1:22.; ,,.f,1;";,-_,,§»v~ who new» rruvam aroma ruunarvoau- "'8 °""’ "“""'°‘* Flour seconds $5.20.

tens pay. We start you fire Can- odian Kindergarten institute. Toronto uo.) Per-Baht!-

FUBNITUBE REPAIRING, CAB- inet work, saw-tiling. Moderate charges. 1". Baker, 130 Hlllsboro Street. 14-3411-7-11.

To Let

BOB. BENT-STORE AND DWELL- ing, 144 Elm Avenue. D. Living-

Blocks

01ml Last $0“? “i119? ‘5-10- our w n ' he pk

Amer Gna Eicc fill-Tr 142131 choice $3.90 000104-00?’ “ n“, gg-guvyrv ,v u, Flour white corn 84.40 to $4.50. Elec cots st m. liv- Brw ton 020-26-

gpui 1A‘ a ShOHJ 0011 031.35.

l ll K (Vanadium Prue) ggfiggngzufia"ggalgl u 9o

lieu-ha Close Hay no 2 per ton carrots $0.00. Amer (‘van B so Chas’ no 1 om :01 n’

Amer (lira lilec 40% mm“- no 1 n to a 1'2‘

.. Eggs in cartrrs A large 42.

Amer Sup Power Ens A medmm m w “-

Alaoo Gas 101cc A

mm user-a

Braobiq, A11 modem oonvon- stone, 177 Kent Btreetham a a 3L iigulxgtzgnl *2“ ‘lgialllwu P I I mil WI 51-35 i0 fences. Apply 1 Douglas Btreet- L‘ ' ' ‘ out» a-rv nu ‘P i,“ m“ w, u w m bgggpg-q-g-T-tli, (‘rcoln I'M. 112v. , - $115 Ma H | W t“! a1..- Bond sr. my, 1> a 1 mu so. 1s. . le c p an , . nanny "glancing, MAIDEN ____________________.__ gvlf, Oil (luv-k Si, - P ll I mic 10s 10- \ h.“ t"! tuna” B. om". yom _ 9' ‘l m ,1 P E I OM10“ WT “.20 t0 51.35. I 3 11am Oil .09‘ Postpaid, Write for list. Joseph mm WANTED ma rtawnaron m, m, m,“ N a. mta 00's 01.00 to 01.05. Aiken, shamed. rortneuf, Que. Routes in N. King. 8. Prince t... m» wit; N B mts 80's 7s. 934134-741. counties and Charlottetown. Nlag llud 11.. N B mts 10's l8. Write today. Rawleigh co. Dost f}: {flghflrnw A 7, Que no I so‘; so to as. m. ‘M54001, Imam", ML-flo-BB-B, MontreaLN U“ u“, PM PM 4;, New Bermudas 60's 42.00 to 02.10. 5W!!! or axoiian for farm. "“"‘"_ " “’ ‘ m“ "w" °““""';- Agents Wanted 9 M‘ u i *~"=*-'-"-**- ~ v MT L. CURB 1m views Poe an; - m aoaaa Wm! m; Ngw monsoon ' ...._... m“!!! ‘IN "m" "m" m" ‘an? mantis. beautiful -—-— Prue) °°°“ M“ "m * “'1' ‘éff-“éa-l-“m-o- . um i» M v-n v-i-t- ‘ ‘m.’ ' L ,. | TQWHM- exchange and nwrlr market) WHO I h T003)’ o“ m‘ ‘u! u" A,‘ mm l N-315-2-l0-1li. arson m». Last Canadian fill enema - mtanraticnal Ulifllhl n A on 2-: 22, “o; rim l‘ mm!‘ ' u‘ “bu” ' m“ ' F male Help Wanted l”? 5”“ ‘W’ l?” r rum ' m” a H m " . . . , or ‘ - . n“? l" “w! '._._.' l“ e m» oil 1y‘. Ohms loot-art eluts 1o 3.4 to ‘ wund wazrnn u‘ ones-An lxfla- igésrrhfllgle 011% l1‘ 11 r-a, col 11 r-a te 1|.- ~ a fenced maid grateful" will?‘ - Walker (lead am aw, ‘fl: a a a a 23am“? ‘w at. ' x. Apply 90mm"- ----- -. 1006mm ‘ -. 11 - mimwmmgggqi; ' ' 1,4740 (lteeaivsd aver- Pitfleld and on

\

Rubber will be offered a five per V

iczgottropon.

A’ l Stands" ‘(Iuqrd-a/Mj j '" "

Mt ’l. ‘to ck Exchange

_..-__ y fiiuppllatl by Plllirlcl and Com- pany members or Montreal stock an-lrange and Curb Market)

Bioeka 0pm Lnsl Allied Chem 191i 198 Ara Can 28 Am For Pr Am Lot-o Am 11ml Am 'l'cl and 'l‘r-l Aln Writer Anaconda Alolllaon All Ref Arlhrrrll Bald Loco Bait Ohio Bendix Av Bciir St " Briggs Iinn g4, (‘no Pno lly 141;, 12L! 704% 1001/,‘ Con (‘ulr Con us. co am‘ (‘urn 1'50 71:1‘ Cur Wright 1 11 Deorc - 74% Ti!‘ Dupo t 14:11:, 17,9 lilac Allin Lita ~17) 471% Eric 15% 15a" Firestone 3111;, 33' (den Elcc 401,4, 41% Gen Fnnlli 34-1.’, 3.1% Gen blot ngug m; Goodrich 11w, ma; Goodyear» Tire 2155/. 231v. mu lllol: C-‘rr mil. w»; lll (‘on _ ~ 97,9‘ -__-§/ int Hlrr 79% 7M2 inter Tel Tel 1R 15% .l_rlhna Man 1221;, 13g , kannecnit gm m; Mont Ward 431;, 41,-,‘ llfurrsv Con, -.._. 2,2,,‘ Nat Cnsb Reg 3:34:15‘ New York N B 45g, 4 hor Amer Co gigs; 253% Nor P110 My‘, 33% Ilzack Mot 11a‘ My‘ ararnorlnt- gr.‘ 9% Penn R R 30% w mm Pet Co 4M 33% Pull Sar Uni-p 43y‘ 43% Pure Oil Co gm ...,,-,. Radio ("or-p 1;; '1'“; Radio Kcltb Orph at; g“; gears Roe C0 (arr/R 445% .hell Union Oil Co 10 19% south Pile 341% 361;, u: 2:: vv- nd ass; 3g“ Std Oil N 11131;, M.“ Studebaker 14% H,‘ Tex (‘nrp 3814 “q llniled Alr gov, h}, United Forp 71;.‘ 73.‘ United Gas Imp 17 11' ll S Rub 100-’; 20!‘ ll S Steel (‘o 4x515 M‘ Wrnnrilrrrri '35 n“, Warner Bros um, if‘ (“J3EE lll-wild»... "l?" “lit West 11:1».- "Q, 1113*,’ Woolworth 5-152 52% Currencie 8

(Ca-nadian‘ Press)

EXQWDGB markets xeatumlm may‘ were quiet and

NEW YORK, March o-Foreign-

a MININGM.

‘in higher by J0 to a half point. All groups had-their

slight ‘margin on the upside at close though the final

with the average, for the week. the close. éln the

Macaw; 5. _ _ Noranda advanced to 50 1-4

the gain, holding Hudson Bay. closed

while closing prices were up

The French franc moved up 3065;’? of a. cent to a closing rate u . 1-4 cents. The pound “or.

"3 W" quoted 1-8 higher at $4.90 1-8 while the Canadian dollar held Unchanged at a premium of 143g of one Per cent.

(Canadian Press)

INIONTREAL, March (k-Fra/ction- Bl gains were posted by leading our. "miles {will 0n Montreal foreign‘ enhances. The United States dollar advanced 1-32 of one per cent; to finish at par while pound sterling was up 1-32 cent at $4.90 1-3, The "B110 Gained a minor fraction at 6.67 1-4 cents.

a Markets A Glance

(Canadian Press) Toronto and Montreal-Indus. trial shares lower. Toronto Mines-Higher, New York-Stocks slightly higher. Wmnloer~whest down 1-4 to a-a cents. < NEW York-Cotton, rubber and

‘i188!’ higher; coffee lower,

STREAM FLOW m 1.1.310... AND NORTHWESTERN 0101141110

OTTAWA, March S-Tlie Do- minion Watt-r Power and Hydro- nretric Bureau o1‘ the Dflpartlucnt of the Interior reports that in southwestern Manitoba run-off, based upon the records of the A5. sinlbclne River, was about 24 per cent below the average whilst in the part of the province south of Winnipeg rim-off was only 12 per cent of thc January average. In northwestern Ontario the records 0! the English River indicate that run-off was 25 per cent greater than the average for the month.

In order to provide storage for the spring inflow into the Lake of thc Woods. steps were taken to draw down tho lake level by re- moving stop-logs from one of the siulceways at the Norman darn. This action brought about a 18 per cent increase in the average out- flow over that of the previous month and lowered the level of thc like by 1% inches. The outflow from Lac Beul was about 22 per cent less than the December aver- age and the lake icvcl lowered about 0'1 inches. The average flow of tho Winnipeg River in Manitoba was about 5 per cent less than dur- ing Decembe but was sufficient to meet all requirements of the hydro. electric stations on the river. At the end of January the level of Lake Winnipeg was more than 4' inches higher than it was one year ago. The level of lake Manitoba role 1% feet in the same period whilst. that of Lake Winnlpegosis showed no change.

He-One swallow does not make a summer. _

lire-No. but it sure puts spring int» your step.

.__.__.__....__ Use Island's far am tar-oat ‘

Rod linka- Reno Gold Iioclrc 7 Ilnynllto fllncgn Sun Ant Rhovp (‘p Simrrllt Slsou»

Sr.“ “'I. ' " 5n;

fitutllr

Ft. .\nil\ Hull linalir find (‘out Strlllvlrn fly-lvanltn Pnrrrorrr 'l‘nshotn Took H . ’l‘pxarr Tolrnrn Ton-upturn Ventures ‘Yllli? Amu “Zoyslllr- \\'hllo mg Wlliwey (- Wright ll

‘Pulul salon 1,335,000.

INLISTED

Airlt-rnrac fire-it 'l‘r (‘on hlalr (‘hurt-tr E 1'0 (‘op (‘nhnlt llrll Oil lilillll (‘r llmno fill llrul lluy Kiri; ‘Fun-u

l-akr- liar (\- “lllrnlllr- .1 .

.\1un|l_v' Nllflit. H Norrlnu Oalaku Mir-k lllll Pawnee K l'<'||<l Orc. Pore (‘m Preston Rift-lilt- Robb Won. 14ml “(non ‘vlvlrll Kirk

No’ donate‘

(Canadian ‘TORONTO. March ll-Buying. was a ilttlemore imistent than selling Toronto mining division today and both index classifications closed

ups and downs but managed to- shovl a

the

note was a bit heavy. Volume was about even

McIntyre, l-Iollinger. Wright Har- greaves and Bralorns held gains at cheaper group a Reed Auditor-recorded an advance ‘of 7 cents. Little Long Lac 5 and