FElJRIlAPY s. 1936 '

STOCK QUOTA TIONS

_._: ~:'_ ‘-. __

i‘ 3 i ’l S . I . Morning Stock Letter Ml‘ . EOCk i ' E h 1 » (Received over Pllfield and Co's ors. Fann implement stocks cc - ’ Private Wire) tinue to act well and we would ____ ' NEW YORK, Feb. 7—'I'he state- favor Deere, Oliver Farm and mcnt of Chrysler published after Harvester. Also like Std. Oil of N. (fluppllell by 1-1uirlr1 nnu Cliluplny we close last nisht, showing $8.07 J., Union O11 Cal1f., and Building Jlilfgliirr- M Blur-mu‘ stock auburn pa; 5111116 on the common stock stocks Y‘ """ ”""'“" ,1.“ as good as expected if not bet- MONTREAL, Feb. ‘l-Montreal snot-u- o”, L", ter. Dividend action. however. was Powers January output of electric- ‘MUM probably better lhan expected. lty showed an increase of 2.2 per ‘,,,,,mr_,_--_‘ ----415]°7. 113101 If . Loews does not hold its gains as cent over January 1935. Gas out- ~11 'l'rl . l“ "1 ‘ well as other ‘atmugmerxilto 33:12:‘. SOWBVEIft, showed a decrease of mlfalliiiyirp m" There seems o l - 9' c9 - ' 1i l.’ l-i 1,\ . . . . .. ‘ reason for this. The company re- ‘TORONTO, Feb. ‘l-Paymaster- (“n11 1gb‘:- l_>r . 23., Benny registered a new bond issue ploductlon for the month of Jan. zfilfililillul! , _ 1 7 @1111 the securities commitLe and set a new all time high at $73,739 Pb" “will! ‘b: the marke‘. action of the stock from the milling of 10,393 tons of 1_-,,,, pm. w would either suggest that it is ,ore.,Dec. production was 881.130. Lrrollilzliiifl _ 2g gating ready for a sharp forward RENO-Production set s. new all uoilll-“ull1iiflflv 8% 8% movzmcnt or that there is stock time high sauoo. During tile U...“ ,,-,',.,.f° -- 32* l"; hanging over the market. The ab- month the mill handled a total o! 110111 Tex , 71 1, llizy of this sock io go through to 3.640 tons oi ore. This output is {[1311 grail“ 11 55 in any volume wou.d be espec- $10,000 in excess of the previous mum,‘ From ~ ‘ _ i? ‘any cngoujaglng. market sale made 1n December. tinsel-y Hun-lg _ _ , w. We lock for another irregirlar- The high recovery is accredited to tun-g‘ .. 4g flrln inliritet tpdgnsltrgtgliegvltol talerkflalct that! iglfdbfilffilllh o; :11 "w", s‘ “fr 1143“ chrysler earnn m - ‘ 8 S0 R1 v es Pow Corp start; will probably do better cnd simultaneously. ' sgltllivLl-llllllgqlz, mgy be followed by General Mot- Steel 0E on: ' 14% = I Y k b Cities Serv . . . . .. . ~. 6 1-4 of a)‘ Creole Pet . - ... .-- . 33 1-2 BANKS Elec Bond 5h 18 5-8 i Ford of Can A . 25 i-4 Bk r v (Canadian Press) Gulf Oil Penn 84 1-8 "i! 8f Afigllllifll 105 l-lum Oil .. .. .. .. '10 (Suppllrtl n,» Pltflelil 11nd Complain: Imp 011 . . . . .. . 24 - 15-1111 Bk _, 111 Ni-iiiiir-r-i of Alnirenl Mot-k ouchunki In‘ Pete ‘u I n. 38 3_8 an- "If" t"'“"‘") ma; Bud _ , __ __ H 1g 1.4 -___-__...... “lurk, 0;n~n Inuit std (1)11 K? . . . . . .. 2311-2 i1 . . ., - » .. ' 111-1; 2:. t... ...,., 3‘; hi2‘. nY. 1w. .. o EXCPEANGE i. "M. _ _ _ 0" 11o ___,___...- rib Bn-‘il - *1 "*1 (Canadian Press) -——- "xr, ‘ I,‘ ,-- ' MONTREAL. Feb. 7—I.ead1ng 109119111111 PM!) éthcgksl" " (‘lose currencies were irregular on Mont- MONTREAL. Fleb- T-Briii-sh z ‘real forergn exchanges mdmr and foreign exchange in relation “m. Cyan h - ... 5i 3-6 Pound sferllng advanced '9-32 of W the 030313150 G011" B5 60ml!!!" Amjw G95 E- " 41 3,8 cent u, $591 1-4 while the United ed by the Royal Bank of Canada “l, 5,, pir . a 1-2 States dollar eased 1-1e of one closed today as follows:- Alé. 0,‘: E111 ' _ p91" cent to 99 25-32 cents. The Arstoiina pew ~21’!!!- ML,‘ Quip “ 14 a-a‘ French franc held unchanged at Australia pound 1904- ‘ hlarkon, ' ' 2 54, 65C 9mm Belgium belga .1704. '7?“ ' ' ' ' ' ' " . Brazil mllrels osaa. g2; Y - 1.; .. .._ === Bulgaria lev .0151. China Hung Kong dollars .3293. W“ I Frnlund finmark .0222. . - ' l" f .0668. we Recommend the Cirfrrllsieznyraigylchsmark .4072. Grcot Britain pound 5.0125.

Purchuse of . ‘ Ilolland florili .0866.

Hungary pengo .2984. India rupee .3784.

Japan yen .2924.

New Zelilrlllrl polmd 4.0428. Norway krone .2520. Ponztd zioii .1913. Roumzillhi leu .0079.

South Afri.~a pound 4.9880. 53min peseta .1385. Silcdell krone .2506.

i Switzerland franc .3304.

i v1.11. PITFIELIJ and co., 1.111. 1 “m” l

MARITIME TELEGRAPIIANIJ TELEPHONE 00., LTD.

\ Common Stock Price 151/; Yield about 4%

7-32 per ccnt discount -

NEW YORK, Feb. 7—Forcign ex- i change irrrgular. Great Britain I demand h'gh 5.02 3-8; low 5.01 5-8: e ‘ clcse 5.02 1-4; e0 any bills 5.01 l-B; .Fralicc 6.69 l-4; Italy 6.00; Bel- l gium 17.02; Germany 40.80; Can-

uda 1.00 3-16.

150 Richmond Street . Charlottetown.

r-re

1 F- 4mm g "$5111:

'§;\-.\\\I.\\\--.. 4 w‘ “ b 1 -‘~..—~>

* 1‘1\\\1 " A 1'3‘ [Hblillfllfll]. H l‘ ' F" 3 lgggrg§ I/hnmllilafl a

Provincial Building

RICHMOND STREET

The puy roll of our company supports local

' h ih EVERY “me w: nuke a pumhuo-w e or residents and their families. Most of it iu

it is large or small-we ask this question:

\

THE CHARLOTTETOWN GUARDIAN

iisiliiivi liltiil 111111111 1111111111011:

Gorrectefiir Every t Wednesday 8o Sat: urday’s Issue.

IETAIL IAIIIT

Celery bunch ui lb .

Beets pk . 25c (‘eleny hearts . .

Cur-rota lb 4c Potatoes pk . . . . .. . Squash lb . , . Apples do: .. Iii-Zoe Apples pk .. 20-30-8lic Turnip: 3 for . 10o Spinach lb .. 10': Parsley bunch .. 1c Cabbage head . . . . .. 15-200 Veal lb ..

. ... .. 1244c Rout Beef . 14-2 Steak lb

for the oflicu o! Chief

opportunity to servo you.

and time to several matters

b! you, my efforts for a still ously continued.

During the yours of Relief.

CED BUDGET.

Electors of thc City of Charlottetown

LADIES AND GENTLEl, At the solicitation of many citizens I have nominated

lnaddilfoutothegeueruldutieupcrlalnln to Co 1| activities, it has been my privilege I um

For E1031‘ your: the REDUCTION ol rules for ELEC- TRICITY to City users has engaged my constant attention. The present reduction h the result which all will agree I have taken

I distressing hui been freely and gladly given in

M! flbleoflvo during tenure of oflico will be a BALAN- lwllilirvnwallvirulstthsttuorobono well in expend? mr bullet estimates. The utmost

--... lilo of , g thorough of taxes and taxation

M l

i0 devote much thought

vi important to all citizens-

ol In unrelenting fight in u part. If honored further u ‘action will h; vigor.

depression my service connection with Civic

lion during my that LENGTH

ton which appeal to all fair endorsement on February 12

gee; ‘g2; interests o! the city.

Chicken . ' , ,

pow] ‘thanking you, I um sincerely,

Lamb lb .

,.,";;;§ A_ B. R.- HOLMAN Eggs do:

L-823-2-8-3l.

Cod dry lb go _

Fol-lied lifnrkrlrcl ouch . 15o _—'

Haddock lli . . .. 10c

MINING

(Canadian Eress)

a r

TORONTO. Feb. 7—'I'he section of Toronto exchange cu- countered a flow of profit-taking today and another dent was made

(Hilpplietl by Pitflelil um! of and Curb Market)

slot-kl

l lllll wlllaldluilituluingabuluncodbudgct.

The enforcement of all laws will receive my silicon‘ ot- tcutiim. l luvito a review o! my activities in this connec- p of the Police Committee. _

Believing OF-CIVIC MATTER-S, FIDELITY 0F PURPOSE l-re fac-

alm to earnestly duvotc my energies and talents to the best

‘L, of Belief rolls

OF SERVICE, KNOWLEDGE

minded electors, I solicit your th. If elected it will be my

lv. Y. 5...... Exchange

u stock

(‘ompnny

Open Lint

Attention, Ward 5l

I have nominated as Councillor in the belief that I can serve you faithfully in that capacity l: dent. e .

I! YOII think so too, give me your support-it will be 11m; Yours faithful] HENRY LAPTHORN. 11-983

1 1 k d .\i uni we ‘.3.52f°lie“i..‘iirflir‘?'rfifirel’°°tfhir ;;g'-@;1,§'»~~ 131v» _ down in all groups and the ex- .1111 Fill‘ l’r "l1, so; changys 891d index droppgd .51 w .\|11 For i'r l'i'il . . . . .. / 115% T t 131.45 and miscellaneous index 1.58 ; < - o e

111

to 134.03. Volume was heavier than 0n 'I'l1ul'sday at 2.205.000.

In the opening several recent heavy gainers among secondary golds iveakened‘ sharply. Macasszi slipped to 3.95 before buying chtck- ed the drop. It slowly recovered to 4.13 to show a net train of 3 cents. Other soil. spots were Toburn, off 13 cents, Bralorne. (town 10 cents. and Pamour 0 cents.

Action in bnsc metal 11ml bPVCl‘ stocks laps-rid oil with minor losses running through the group. The big coppcrs, Norandri and

Aiilir-nnllli

Mvlilsun .. . All Rel‘ ..

Aiiliurli lilllil Iliivu "till. (Hill. Iiuiillix

'11? l

Av

lludson Bay fell hack i-2 to 3-‘1 each. Most of the penny issues worked lower. o Miscellaneous g- __ <..-rl 111.; .

(Canadian Press) MONTREAL, Feb. '7- Wlieai, nor no 2 96.- Barley C W no 3 45. Oats. feed no i 36.

Flour, spring wheat patents. firsts $5.70.

Flour seconds $5.30.

Flour bakers $5.20.

Flour winter wheat patents choice $3.75.

Flour white corn $4.00.

Bran ton $19.25. ,

Shorts ton $30.25.

Middlings ton $25.25.

Rolled oats bag 90 lbs $2.90. Hay no 2 per ton carlots $9.00. Cheese no 1 Ont col 12. Butter no l 22 3-4 to 23 1-4. Eggs in cartons A i large 30- Eggs A medium 28.

Eggs A puliets 27.

Potatoes 90's P E I mts $1.35 to $1.40. .

90's P E I cobblers $130-$135. 80's P E I rnts 81.20 to 81.25. Q's P E I cobblers 81.10-31.15.

pug bug lnlq rl. ‘ " in Cir-r‘ “ ‘

Our forty pe- unent employees include: Charlottetown, or Prince Erl- 1 r ' Manager. llléiloatrlolm, 1 7 1 Asst. Treasurer. 3 e r Readers. M", Island '< 1 Plant Supt. 1 Collector. If the product or service we require is not 1 Chief Engineer. 2 Salesman. available here, we ask: ' 4 Asst. Engineers. 1 Accounionl. 6 Firemen. l Boogie!!!"- Can we get what we want in 2 5'91"" 3199""- 2 C" . 1 Lin Foreman. ' 1 Stenognphor. the Maritime Provinces, or the .1 Lmzmm 1 3mm,‘ Dominion ? 1 Pglmlmhli, _ 2 Pensioned Emplyh

0i our total expenditures for operation. $1,000 A MONTH 1N THE

to: 0f Ward 4 i

Ladies and Gentlemen:

In appealing for your support, as Councillor, I11 the forthcoming Civic Election. I do so in the hope that my services may be of bene- fit io the Ward, and to the City generally.

1i. was my pleasure to represent you at the Council Board for seven terms. The experience thus acquir- ed will, 1 feel assured. be of value in serving you :.gain 111 the some capacity if you favour me with “your support.

Thanking you in anticipation for this expression of confidence.

Yours respectfully. R. B. RATTRAY. 11-833.

To The Electors Of Ward 2

Ladies and‘ Gentlemen:

Having served six years at the Council Board l am again soliciting your support as Councillor for Ward Two in the forthcoming Civic Elec- tion.

Serious problems with regs-rd to

, unemployment relief, elec- trlc light rates, labour, etc., face the civic government at this time, to the solution of which l shall endeavour, if elected, to devote my best efforts in the interests of the Ward in par- ticular, and the City in general.

Your: respectfully,

DB. F. CHARLES DOUGAN

60's Que nits $1.05 to $1.1m 1cm 80's Quec no 2 90 to $1.00. ‘ . unudlgn no" v 1-- .. i MONTREAL, m». 7)—Tradinz “'3’tl“€"‘l‘ “"4 Currencies was at a. standstill on the produce section of tgdanadiainh ‘cm-man n“) L ‘y w‘ p’ “a “° ' ' NEW YORK Feb. 7—Lead1fl8 hang ‘heady’ n 7 a Br SPOES currencies agbin moved within can gokqtonuet gawk 10-31% narrow limits in the foreign ex- 11 1-2 col 5,14 to 12- ont col n F’ ’ l & change markets today. ' ’ e lnancla The Canadian dollar extended

(No z-Dec) 12 1-4a; Ont white (Now-Dec) 1i to 11 1-2.

Eggs Spot-Ont A large 26 l-2- 27, A medium 24 1-2 to 25, A pul- lets221-2to2lLB1or-ge2l1-2t0 22 1-2.

Industrial Week

(C. P:_By Guardian's Special Wire)

NEW TORONTO. Ont: Fifty

l 1 l . Can we get what we want m

‘, Imus.

malntcnn , and improvements-lncludinl labor-we spent : \

About 75 per cent. in Prince Edward Island

About I5 per cent‘. elsewhere in Canada

Less than 10 per cent. in tile United States.

During the your 1086, we purchased from Charlottetown r-rorohlnll 81,000 worth of "lilpiies used in the regular day-to-day op- eration of our business. Among them were Included gulcllne, nil and tires for our trucks; ""10"": mi office supplies. Printing l: done locally whenever pslible, Prucilcull! l" lllr insurance ll placed through local Lost "or, all of cur coal-more than 5.000 tour-wan purchased in Chur- bitchy“,

This f: the sixth in a series of neighborly folks about your local clccirlc company, Another important message for our friends and customers will appear in fbifitownpnpor soon.

Maritime Electric Company, Ltd.

CHARLOTTETOWN.

Meters, motoro, lino material. PM"! Pill!‘ equipment, and other items not available here, are generally obtained in other ports of the Dominion. about $1,000 a month.

A $16,000 TAX BILL

Last year, we paid the City and Province more than $18,000 in direct taxes. In oddl- tion, we paid the City of Charlottetown $1.000 for the water which we used during

the year.

As a local business concern, we roullue that our growth and proupcrity depend upon the

piiriperity of

gladly contribute our full share toward the

prosperity of believe it 1|

‘ money it homo.

DOMINION

Such purchases total

Charlottetown. Therefore. we

uio City and the Inland. We good business to mm! our

P. E. l.

PRO_D_UCE

(Canadian Prom)

MONTREAL, Feb. ‘l-Butter and egg prices firmed on Montreal open produce malfi’: today while cheese was nominally unchanged

Graded egg shipments were a cent higher for cal-lots or less at 27 cents a dozen for A large, 45 for A-medium and 23 for A pullets.

There were no cheese receipts and prices were nominally un- changed at l3 cents a pound for no. 1 Ontario colored.

Butter wurquoted at 22 3-4 to 23 1-4 cents a pound for carlois or less of no i while lois to retailers were 24 for solids and as for prints.

Potatoes won 01.36 to $1.10 (or Prince Edward Island mountains and $1.30 to 01.85 for cobblers, per 90 pound bog. fa 00 pound bags. P. m- I. mountains wen 01.20 to 01.26. cobbler; $1.10 to $1.30, New 3r wicks 01.10 to 01.16, Quebec: 91.00 to $1.10 anuouebeo no :1 whites 00 canto to Cl.

(lup fled by Pitfloll old ompunv Mun a of Montreal non-Ir auchlllli‘ and curb niuvbott Itocku

men have transferred from the 1e- licf roll to u. payroll as a result of a start on construction of a. fac- tory hero.

MONTREAL: C. P. R. traffic earnings 1n last 10 days of January exceeded total for the some period of 1085 by 22.6 per cant.

FORT ERIE, Ont; Canadian Ni- agara Power Company will con- struct s $70,000 emergency power line from Niagara Pulls to Ridge- way.

NEW WESTMINSTER. B. 0.: Canadian Western Lumber Com- pany an operating night shift. giv- ing employment to I70 additional men.

WINDSOR, Ont: Production of motor- cars in Canadian plants 1n 1935 totalled 172.934 compared with 116.852 in i034. increase of 46 per cent.

11mm RIVERS. Que: Contract awarded for construction of- a grain elevator here by private con- cern. involving expenditure of ub- out $7,000,000.

‘TORONTO: Flames (Canada) Ltd. subsidiary of a New York con- cern. has been orvlniud to man-

‘ ‘r foundation garments in Toronto.

OTTAWA: Value of exports of farm implements from Canadian plants in December was 74 per cent greater than 1n the corresponding month of the previous your.

its premium from l-B to 3-16 of one per cent. The pound curling was up half a. cent at $5.02 1-2 while the French franc. closing at 6.60 l-4 cents, shoved a loss of .00 l-4 cents.

Aiverage Steady On Irregular N. Y. Ma rlzet

(By hulk Mlclvlilien. Associated Press Financial Writer)‘

NEW YORK, Rb. '1—'I‘raders realizing profits appeared to hold the balance of stock market POW" today, but buying was sufilcient to make the olooe merely irregular.

Tumover 1n the stock exchange came to 2.567.090 shuns. compared with 2,755,074 shares in the preced- ing session. The Associated Press average finished even at 60.4. An advance of .1' of a point in the l5 utilities in the compilation, which edged up to a new 1935-30 top of. 48.9, was insufficient to offset a slight dip 1n the 30 industrlals and the unchanged status of the 15 rails.

In the bond market U. S. Govern- ment loans fluctuated a bit in both directions.

A scattering of earnings reports and sales figures for individual concems were mostly constructive. The small marketwisc effect of news items convinced most brokers that technical factors ruled, in- cluding normal irregularity after the new avenue highs established

Ladies and Gentlemen : the Citizens of Ward 5 it was the deliberations of that cere desire to improve them,

Mayor. _ v The story of the past two

support. Every effort should A

thorough check up of the

and in conjunction the installment plan.

RELIEF. This is one

ing and distribution, but more employment. It will

provemcnts» the building of bridges, projects which have

outside competition, and the

and a more beautiful city.

, May I say that if elected, to wor-k in harmony with the

service.

give me your support and ele betray your confidence.

lt-azw-z-a-ii.

To Electors of Ward, Five

Having nominated for Councillor to contest Ward 5 at the forthcom- ing Civic Election and being. unable to make a personal canvass, l take this opportunity of soliciting your support.

l served as a member nt the Council Board for eight years prev- ious to 1932, the last two of which I was chairman of the Finance Com- mittee. During that time I en- deavored to give good, honest. faithful service and In the light of what has transpired since then, l have no hesitation in appealing to you for election on my post record.

Several matters of grave import- ance to the citizens, such as Relief, Light, Labor and Finance, need very careful consideration at the present time, with u view to improvement in their administration and to this end, If elected, l shall apply myself with my utmost ability.

Trusting you will approve cf my put efforts by custirr, a vote in my favor as one of your r present " in the new Council and assuring you that I will endeavor to safe- guard your intcrests on every occas- ion, I am

Your! truly, E. A. FOSTER.

on three occasions in the past week.

The severe weather brought a rush of coal shipments which lifted car- ioadings last week considerably more than season . It wa noted that without this unusual influence trafllc improvement would have been 1cm than the usual sea- sonal Ixpeototim.

Councillor Turnefls A As Maycralty Candidate

To the Electors of the City of Charlottotown-

When I ofiered my services as Councillor. reproach

presence at the Council Board would be of some benefit ll,- body. With the knowledge 1 possess of the unfortunate conditions existing, and a siu- '