r

MP1. .s¢d,¢k a l MIN zvc Exchange

u , Inheni 0n b In: M“ E’°:?:ir'|='o:d Itroet, Charlotte-

ed in the oronto exchange

Idhniin Jlontred ¢ lumbar of :hort: were token h

ronoh-rofiia-"o-rho worm turd-

miuin

i"! "h! ll"! the lilt miller-ad

en edvonce. e tore occurrence in re- 0M1 wceke. According to reporto, ~: y lur-

'5 NEW YORK EXCIfiNGE

' By Frederick ‘Gardner. Aleoolated Press Financial Writer

u,‘ 15¢ prloe and :ome of them helped the , '_ nu b ,4 _ 5,, (By Guardian: Special Wire) ‘°‘"" . m! oriuiml “o'- the upxhnop $.12; mow YORK, Dec. - The stock "W"! 1-H- gfaiikllljyfmlgtolzpaxrhkh e ‘p; market followed the bullish trail . "'- " ' blued b wheat and com today. V "Type-focus “at. 1.2.‘. i-ifiionulflkra: up to the hut million Bmdydemnnd ‘m. mum,“ 1”" l 10% 10% Two ieenel. God‘: Luke ohd Pickle brought Wall Street the most active . . 2g: “thate bed “been mid hesily on dgy 1n gmgkg 511mg July g7, mm- “if ukrted ytoduy? iEooW-Xiffflm’ ,,'}°°§,,‘;,; over totalled 1,sao.o1a shares against '. h i ad,‘ th oooooointhercoe . _ fglaggu‘gltgll6lllzuztiilzdlfllrllltglg nlviitmerlrelrig region?" l. I \ P ._ 1 i w! I o - . n smaler volume Little A; eater-do ‘a advance was resum- . . L La d 7 Y - e5 0:385!!! cldtovuligcofi ‘Z2.,.°.°““..,“: l? ed. buying spread from rails to a _ 1g; Advances of '.l to 4 cent: came ‘out W108 list of industrials. Save 101.‘ in- : 651 Qfnziglryi-ifia. ‘Misti-rel. ‘ Siacoe. lifc- dustriai issues, however, the forward I. E Bennie’. um Hm“ P'"'"°'“ “"1 movement was restrained compared i= H" 7 (Cgnpdlgn bu") with the buoyant grain market and . 1561,, MTQJWNTO. Dec o- advencee were pared toward the fin- “°'" "11 lfi i w ' mo” th Chi it 11cm Co _ ,2‘ “m. 0 . e upsurge in e cago p 1111"‘; 015K‘? 1i _':_ 8?,“ flieiixty- ,, j: LII‘; l? carried wheat up for an extreme gain

(ii-n N091 Wnroe ... 1% lloll uuhl Mine: "O .--

->

5v.

lnll .\|i*l.i

-l I'M

1m in.“

y“..- or Woods 7%

“u... _~ llrirrls 50

Mi-imll l-‘ruut ._ ‘._

iidnl lunv i’

.\.u| Hi'i’\\' __ 0V.- r 7

.\'=n slwl mu-iu-o row . 5| ' I'M . . .

L“: ' L,

Uzin Coin

, 40 40 \\'|nni1vi-p: l-llec _, L’. 2U; 7 lfdrkets At A i?‘ Gldtwe , . _1oo / - W" h (Cunndien Prue) 1111,’,

"fvrililifl und hio-ntrcol-Jnduatrlul 9 v l'l\\‘ vlnséil higher. u N ‘nu-dull: liiuee-Jlighori. , Blilllllfil‘ .. B9 ...-w Xork—8t0cke cloud higher. u“ °_"°" -~= --- 5 \\'innipeg—\Vhettt up 2% to 2%, Hl"h"'_-.. . o

u-nnrr-nl-Silver higher. HMVm-J --- - - I810 .\' w York—-(‘otton, rubber, coffee Juan’, " ' 1W iii Hi1‘!!! higher, Kfrk (Lam: I; 56 I

M71. CURB

(Juli union uml \\'urd) Opener]

McIntyre McKenzie .

ll

lint Ann-r Oil m.» inqu-r lit-i Sea); _. |"..~.| u! l‘rln A ._ visor-n Siubell .,

Nurnnllu .,, Trrk llugb . ivuuu-r Good , Walkm- (loud Pfd ... .-

“fiirht Her ... “.810

lirofossional Bards .8

McLEOD 6v BENTLEY J. A. BENTLEY W. l. BENTLEY. I. O. Gambler and Attorney-nt-hw MONEY T0 LOAN » niilcc: I80 Richmond flue“

BELL 6? MATHIESON it it. Bell l). L Muthieeol. LLB. Barrister: It Solicitor: Money to Loan

Wiltuy or..." Wright H __ Total leis: 504,000.

UNLISTED

‘Jameron Block. Chnrlotietownfll Aldermec ,5 Bull! win y‘ Brown lee

A‘ J. HASLAM. BA» LLB. BARRISTEB, aoucnon, arc.

of 4% cents a bushel. Final prices were about 3 cents higher, with De- cember wheat around $1.03. Corn hit the highest marks recorded in five years and cired with gains ranging up to lit cents. The May position crossed 92 cents. Rye was up about 2 cents.

Still feeling the stimulus oi’ the heavy demand for the latest United States treasury?» offerings, the bond market moved closer to its July peaks. The biggest gains were chalked up behind second-grade is- sues.

Share buyers evidently were im- pressed by the growing list of extra dividends, additional evidence of

13%,)“ slow business recovery, unprovement

in the investment market and the strength of leading commodities. ‘Cotton futures closed B5 to $1.10 a bale higher in New York. Sugar op- tions participated ln the trek to higher levels.

Radio showed some of its old-time fire as reports spread the directors of the corporation were considering plans to reduce accumulations on the preferred stocks. In a heavy turn- over, the B stock rose 5".» points to within a. fraction of 44 and the com- mon ended nearly a point higher after a busy day.

Continued demand for dividend- paying preferred shares indicated in- vestors had a hand in the market. National Lead Jumped 7 points to a. new peak at 164. Gains of 1 to more than 2 points were recorded in American sugar, National Distillers, National Biscuit, U. S. Steel Prefer- red, Western Union, Boeing Aircraft, Deere, J. I. Case, Amerizan SmeltinK. Eastman Kodak. Fairbanks Morse, McLellan Stores, Ingersoli Rand and Industrial Rayon.

Rails held their ground but yielded the spotlight to industrial special- ties.

Canadian stocks advanced along with the rest of the list. Walker G 6r W. scored the best gain of more than a point. Distillers-Belgium- and Canadian Industrial Alcohol A also were higher. Other stocks im- proving Iractionally included Canad- ian Marconi, Ford of Canada A B-lld B, Holilnger, Hudson Boy Mining. Nipissing. Premier Gold. Wright- Hargreaves, Noranda and Dominion Stores. Montreal Power lost a point while International Hydro-Electric Preferred, International Ni ckcl, Dome Mines, Lake Shore and St.

x Regis Paper recorded fractional re-

cessions. The Canadian dollar im- proved moderately.

By a. small margin, the Standard Statistics Co. average for 90 stocks moved to a new high on the advance Jrom the mid-September lows. It finished at 75.9, up five-tenths,

Steel reports encouraged trade ob-

“ servers to look for a. continuation of Ma aew. Brae: Building. a slownbuslneg expaaslolm T119122‘; c ulgan & Tramgr l, Age stressed the r e n Scrapp

Mark It. uuonlron. K. 0 l T! es indicative of hopefulness in that

' 9 tlmated current oper-

c, st. Clelr Trainer. n. a. u, industry. 1t es

Barrirten. Solicitor-o, m, mo ations o! the industry had risen to MONEY 13o m“ 1 29v. percent of capacity 110m 39 B Oflioe: Over Provinohl Bent, 7: week ago, the seventh consecutive W-hmond Street, Charlottetown. , weekly ev-ln- The Edison Elem“ A=== ' g Institute reported power consump- 1% tion last week was 8.4 per cent high-

] A K c 2% er than in the same week last year . ' ' I I - l:n“.ne‘, h- 21‘? compared with an increase of 0.1 BAltItlSTEit. SOLICITOB, 5g. Nomi 9rd . 4o ‘ percent the preceding week, the best rum nuudin: {.°“"-,"° -- 2's; year-to-year comm-risen time 1m

Ulinriottetown, r. a. Inland. ,,,',°,,',,",," 1}‘- sDrinB. ildnry’ to Loon end Collection ltahh lllont M? Some of the maior tomobile Elven the vcry but attention. “hi” 155 companies were reported fefldy t0 i75-2-6-im021th. s-§'d"'\r'|;s;‘ 11% begin production of mas models 1h - 1 Vickers 1 vomme" 4 H. F, MacPflEE. B_ A, g _, rmmnmnua SCHOOL i nor/luv. no. C l1 rrencises Standing of Bradalbane School rol- "ARBISTEB. SOLICITOB November: m k Ifilev bonding. Ohnrlotietown ‘M, yéfflgeilblgc Igggigrunl h. l‘ A g2: eggs. M? 1:21am; 2. . - i I - ~ hie ' Id it: recent decline in the foreign H6111? 5- Mwnonndv 3' Am exchange mark t: t d nd u d Thmkpr. i‘ ROUND rrtrr “K1113 ‘ljfifind §¢;_;§g'g’;j»-;;-'~;g§l§}7h Grade vm - l, Bobbie Todd; i. - , for the day, ohowlng g ain't»! halt‘: ‘nmmu snowle‘ . BA I N I font. not.’ Earlieruikabe gay it bed c tlvldEuner Gin-ism!- 3r ‘ ween n: ow n . . e C: :d- Ann no . FA R E S if: lavlgrmL-Ia yr-oldfllrvgvllg-{osggglgé Grade v1 iSrJ-l, Verna Mathe- -'r ' ' ' ' . ' ‘T zrt"2~..i:r..::.'s“.":.::-:."<u z: ‘its... v1 us-.. u... Ihacker; M L ~ w“ a, Christian Cousins.

Grade V-l, Sedio J. Banks; 2.

l-noay, uec. 7, I334 Mary Mncteod: s. stroll: geisha:- 1- Gad fV-1,Rueee a no;

Balm“ "nu" U.“ m’ m“ PR 2, Rxaggsie MoLure; 3, Nina Htckox.

Qygde m: (JrJ-l, Norman Mc-

o »-———~— ‘Lure; 2, Edwin Abbott; 8, Pauline

' ( PPOII) E. I. Thackor. From Ciwrioiieww" .35?.’.‘31§"..i'-u..?.."...i1'.‘§:2, .12“: d-u- v- <-=->--u-1-- m- "M"! 1'" ‘m’ 1'§§rdd"r'l§l,""r§1&'1e"§9udr°"“" ‘Whm Grode n (Jr-l-l. Earlene 0w- Otler Btntlfiethluh ~WA.:'IIGI::I eintoltownnm _ I. hi!“ wgul . n o: or we: orb ___ -

i t“ d n" ‘MUM,’ gfiflsawafwioli: ma‘: gong wowed“ sellout: Gomeeter. l. m “uthi A“ “reg: end llti’ h 14 "n" M c Perfect untamed -Ehlu:l:y1::cc-

“A” l" l- 150d Thelma l!!! '

i m“ "i" i" W“ '”°"""“ “u,” ,1, "I: m, room» 11mm, t»... Mothe-

M’ mun‘ “m” _ “"°‘-' "u"? Pr’: which me or m. “Hi1 menu. .~ “Wu! err-yep azglcléw-Aepdw- A *3 modem-n. 1195M? Oeirno. , : , o 3 3""- ' m" ‘ ‘$2,, "“ ‘L? " merino-or rmonno: . ecel t: wen to: bone. - p‘ h I butt: we: lteedy It n“ Q ‘up doom n: nitln-oobopzndieeerlotaor whennJlhhhhuiodme-‘m m Q lflYfiiOx -_ . retailer: ooilde were 9i o n ‘m,’ to: orioun roam dftomitrfieporuee: m? in.“ g5‘; Arrvel: were o hone. l: ineufdoiontly nmrnod. Ind find 1 .7 2' < ‘ - e1; Ontario ohoeeo, current roeelvi: n“ n“ ‘mwmjj, a, ‘m, m u” one: u it not: e pound. Offer- o‘ w“ pp gflufl .... ... ... ... . m. w mm - w» -~ . ' ma: an nemeeewaogodaap: boiled m‘!!! 1110,4972“ m ' a N , ’ for I. eoeo paper or: m ~ ‘ ' , . "ifflflmganw ‘and? f?‘ firs. It will from e gluey substurcr ' ‘rim; "n41", . ' that will mo: firmly . , ’ , ‘

(n, John-rod and Wlrdfiljlpeolll Wire) "

MORNING MARKET LITTLE

NEW YORK_ N. Y., UN.‘ b-"IM llilr- ket held firm and quler until noon e:- terday when u fair rally dcvalopegin which ibc ltuil: led the way. N0 Dffllrce: was made dining the int gull? but moat of tho gains were

e .

The Bulls average in closing et 37.- 72 bettcrcd the close of October 21th :t 3711i and thus gave a buililb Dow Theory indication, though by a very 81111111 markin- ‘rim possibilities of Hi0 lluils getting at llrst a part of the desired increusc in rntel uiuy iuvo induced the buylug in the Blill, Vol- ume declined during the recent reit- ing ilncll following the leot thrnet into new high ground much :: on previous occasions and the pick up in activity yesterday mult be conlid. cred a: em-ournring.

Laldldw aud Company.

SUMMARY

NEW YORK. N. l1, Doc b-“Imn Age" loye. Steel operation: during past week advanced to 20% percent from W percent, ' Go Bare uuuterl in London nur- ket nt 140: 11d against 140: 6% d. President ltoosevalt scheduled to leave Warm Springs tmluy for Wuh- ingiton. _ .

WN

lfirlt Notional Stores decieren ro- gilllt‘ quarterly dividend of 621,‘ coat: oubeonfitoli mi c d l

oil en nag o cc arod . l:o monthly dividend of ti. and ‘on-l extra of 82.

American Cynhmld Co declare: : dividend of 10 cent: on cine: A And B common etocko.

American Pete Institute animate: ltock: of gasoline during week ended Dee 1 totalled 40,531,000 bbl:_ incr-ealo of 820.000 bble. over previous week.

Bunkers Trust Company declared regular quarterly dividend of 75 00ml.

lutfll Printing Co declared n special Christmas dividend of :55 cent: on common.

Number 1 heavy uloltiug :tae1 oerep uinnced 50 cents e ton ui. Piczobnogh to £2.50 o ton e new high prlcc: for current upward movement.

Aleociated Oil Co rip-lured : divid. end of 50 ton-ts lost provlolll payment we: a dividend of 50 cont: on March

declares :n cents and ceoita.

output up 8 4-10

extr: regular

percent in previous week.

High Lnvv loll! Up

30 Illd .,, 102.93 101.50 NBJT . Rail: . 31.00 M84 31.72 1.05 20 UM] 19.14 iii 70 10.00 .18 40 Bond: 04,03 .21 Dow Jcnel.

z-zxcgnzvczs

(Cnnutliun Bren) Closing exchange rutes:— At Mouireuh-Puund 4.84 11-82; ‘U. S. rlollnr 071k: frnnc ii l0. At .\'r\v York-Pound 4,03; Cauld- lnn dullnr 1.02 Zi-iii; franc 0.501, . At Paris-Pound 75.05 fr; Laund- inn dollar 15.48 fr; Q. S. dollop 15,18

once. In Gold-Pound 12s id; Clnldlm dollar 00.53 cents; U. S. dollar 50.34

Cent: L-Eorelgn ex-

NIHV YORK_ Dcc change irrvgulur. Great lirl-iniir high A05; low 4 04%: close 4.95: (l0 diiy bills 4.93%; Fruuce 0.50%; Italy 8.53; Belgium moo; Germany 40.20; Cen-

rdd 1.02%.

MONTREAL, Dec li-Britioh and foreign exchange in relation to the Canadian dciior, n: compiled by the

Roynl Bunk of Cunndtu closed todny

as f0ll0\\'s:~ Argcditlna peso ."i Australia pound Aiistrla ecbiliing . Belgium bolgu 2286. Brazil miirele _ooo1_ Bulgaria lev .0125.

China Hang Kong dollars (‘zecbosloakiir crown .0409

41%.

Denmark kron“ France frumc 0640 Germany rvlchsuirirk 303:3. Grant Britain pound 4 $135. Greece drecbmn .0002. Holland florin .0016. Holland fioriu .ilfilti_ Hungary pengn 5H0.

.2162.

Japan yeu . Jugoslevin iiilllll‘ .1223. New Zeaiend pound 3.8870. Norway krone .2434. Poland :loti .1800.

South Afrlcn pound 4.3325. Spnin pescta .l3.'i7_ Svritserlond franc 3173 United Stated dollar- 9%

percent discount,

GRAIN

(Culndinn Prose)

WINNIPEG Dec 5-Vngue roman Washington was about to leleaoe im- portent informuiion, lent umerlcan wbcurt markets in-to a merry boii_ Chicago prices bubbled up 45s l-llil Winnipeg buyers edde cents to locnl futureo.

Wihen the closing rub at the Win- nipeg Grain Excbungo was all over December future was 80% cente, May 5% and July 80% ut observer: were not positive Just who! was afoot, Trade gossip ut Chicago's board of trade lelivt coon to a new salon‘: high but other than reports of \Va.ebington development: no extremely bullinh new! we: on band.

CHICAGO, Dec 5-—-

Wheat-

High Low

. , .1031’; 100% "108 100% osog my,

Lnt

199% my, a1

N!‘ 921A 80%

57% so not‘

o

Ln: 80% 35%

271

84%

42% 4454

IN MEMORIAM

WILLIAM MCVAY

42 ‘V: 4m

‘Ihere passed away suddenly at

MBNTREAL EXBiiiNGE

, Dec. back-sliding in the strength in Dominion Steel and Ooall isues enabled securities on the Montreal Stock Exchange to push upward along a. wide front during today's session.

In expanded tumover, approxi- mately 2i,B00 share-s harm, prices scored advances ranging from fractions to rues-ply five points with new highs being established by four issues. The avenge for 30 stocks gained -5 at 57.5. Repoute Dominion Steel and Coal Corporation would be in o. position to shortly amiouncc a general rc- organization in the financial struc- ture in which debenture bonds of the Corporation and the preferred and common shares of Dominion Coal (Jompazry, a subsidiary, would be involved resulted in the simength exhibited today. Dominion Steel and Ooal "B" and Dominion Goal Preferred both chalked up new tops for the year. Dominion Stool touched 5 7-8 end

5—-Deeipite

(C. P. by Guardian's Special Wire) v MONTREAL late dealing.»

Middleton on November 14th, Wil- liam McVay at the age of 79 years. The deceased was born in Lot 30, P.E.I., where he spent his early man- hood, latcr moving to St. John where he followed the lumber business for about 40 years. While in St. John Mr. McVay suffered the loss of his wife and only daughter. The lest ten years of his life he spent at the home of’ ‘mamas W. I-Iammill. Mid- dleton, and from which he was bur- ied to St. MalachPs Church, Kin- kora.

The late Mr. Mcvay was a staunch member of the Roman catholic Church and his sterling qualities of kindness and Christianity won for

» him a host of friends who will great-

ly mourn his passing.

The Requiem Mass was celebrated by Rev. Dr. Smith, RP. ‘The pail bearers were Bert Hammill, Wilfred Hammill, ltcdverse Hammill, Fred Mawabe, Elmer Campbell and John Campbell. - May his soul. rest in peace.

IN MEMORIAM

DIR. BENJAMIN J. OUTCLIFFI

At the Massachusetts Hospital, Roxbury, on Wednesday, October l7, i904, Mr. Benjamin J. Cutciifle, n highly respected resident of Milton. Mass, passed away at the age of

fixiitihled the dialy unchanged. at 5 5-8 in a mignover of nearly 6,000 dim-es. Dominion Coal Preferred

suffered a one point loss.

The only other member of the steel group to nuke en appearance. Steel of Comb, was fractionally

hither-

In a belated aftermath of the re- cent risc in the . ‘iimenis Cen- adian Bronze preferred forged up e point to estwlzilish e new maxi- mum at 111. National Steel Oar gained nearly a point and Canad- ian Car preferred was up e snail fraction. leading issues were inclined to in-egulsrity with C nuiian Pacific Railway and Holiinger being up entail ‘ end Inf-- " ‘ Nickel and Consolidated Smelter: off.’ slightly. Brazilian ‘Fraction hold steady. Bales totalled 21.825 sluice nod $16,800.

MIN BITTER- (MOKING STUDENT STHAN WOMEN

BflbAPfil‘. Dec. k-Men llliiils in o ' echool opened by the municipal go: company here ere asserted by teacher, to be better etudenta than wmen.

_ "Women!" one of the telalier: oeid. "are too lpt to depend on in- ltinot in cooking, whemea men Ire not only more indultrioil: and cere- ful, but will" pay ettention to direc- tlone."

Asnumber of men ere taking the com-no, lome because they nre poor nbd- uninorried. lome because their

: 1mg; have Job; while they ore un-

omploved. and other: because the!

jumped up to li6 but just before, um c1439 it mcgfiigd w 114 when f |employed with the Jordan-Marsh Co.

sixty-seven years. He was born in Prince Edward Island, the son of the late IVIr. and iVLre. Francis Cutcliife, South Melville, P.E.I. He had been

for forty-three years, about thirty years of which was spent in linen- buying. He made ninety-six trips to Europe and the Orient during that time, and proved himself : most faithful worker, and e man who was trusted and respected by all who knew him. m. Cutcliffe‘: health be-

gan to fail about a year end o halfq“ ago, but it was not until three weeksi

before his death that he was confin- ed to bed. He bore hi: eickness in a true Christian spirit, till Jesus, the Great Physician called. then the Comm ‘ of the Divine Master for higher service we: too great for hu- man hand: to combat, end on the above “ ‘ date, his noble spirit returned to God. Who gave it. Beside: a borrowing widow, the following brothers end sisters are left to mourn: Wlliiem and Honk. of Duluth, U.B.A.: John, of Pree- town, REL; ‘trrdock, of Hunter River, REL, and Mrs. Edith Mec- Leeu, of Fredericton, 11.3.1. The late Joeeph Outclifle, of Cape Traverse, P.E.I., we: another brother. Plmerai oervice: were held on set- urdoy afternoon, Oct. nth, at the Muttepnn Blptilt Church, where the porter, Rev. A. Webber, u- rieted by ltevo ll. Oremer, of- ficeind. ‘lie a member of’ the Moeonieorder, the ileoons attended in e body, and gov: their ritual at the grave. latter-meat we: in Milton Cemetery. ‘

T0

MARKET. cosszp

Che: Ohio ,

l Worth Pump . '

N. Y. Stock Exchange

(Quotation: fnrninheii by Johnston lllll of the Monk; red Exchnngc,_ Montrcnl Curb Mnrkct, 156 Richmond Street, Cbnrlottetown).

Opened

Air Bad Allied Chem Allis Chelm Ati Be! Amer Cen ,, Am (kn Found . Am For Pow ... .

Am

Am Loco Pow Light

percent in week Dec 1st ageinot 6 1-10 B d