THE gnaatqrfrsrqwu GUARDIAN r. ..~;

'2!

STER’ STK g

‘htlimnrk krone ... ,

I MARKET GOSSIP

I“ cnaiey, Assoolnhd Press

u“ ' er.

13'“? .11, march 23.- ylW ’ soinnolcuce with , ll - and the net result list of small declines tn a reiir's smiilest turnovers. - ' 1 iit the opening and o first hour. Offerings dried pit-rely on this setback that "r firmness gisued, lint ni- llil losses hail been rc- m, market embarked on n yflslyilftl drift that persisted lo i' "o", i-iosc. American Telephone l" h',']',.r pressure most of the session, Innilv toirnril the finish. nnd clos- .,,"p'oints lower. Procter and (inni- ‘bm travelled out of line. but cut Iytrellll’ break of 4 points to 2')’, Iflg pclal liquidation was held re-

' "l". for the breiilo. niflpén. Pacific. which Stained an?“ list of railroads whose div- l'°"d are being deferred iu hope of “Hm; earnings later, anticipated flpfilffltnl‘! ucilmi by declining more u. | point. On the whole, rails were ' " yorfolk nud \Vestern was heavy ‘mpg were moderate sags for New pk Fciitral, Saute ife and Baltimore

id

‘I utltlll

tho

(filings of General llotors dim- hfl] iiinl the quotation hclil abori- ‘up loirs_ General Electric, Wes-

tinghouse, Case, Wonjvroi-th, Int“- national Telephone and Bethlehem sold off lrnctionally. Allied Chemical. U. 5i. Steel, American Can and Con- sollduteil (ins reacted about a point. Kreugcr and Toll figured in some large transactions, yielding slightly. The market's toiiil turnover amounted to $1,723 shares.

STOCK AVERAGES: (Copyright 1082, Standard Statistics Co.)

hliirrh 23 50lnd 20rr .20ut 'i‘oila_ly , 30.7 100.2 l’i't‘\’ till)’ . 31.3 101.5 Week ago ..

Mouth ago

Your ago

it yrs iii-to

r. yrs on» 110,4

Jlllrli 103'.’ ... 08.!)

DDti-l. 03. 03.0 0L4

Low liiiil _ lliirh 10:10 Low iiilil) -

lilnrcli 23. i032:

\\'ll.\'l‘ T1119 STOCK MARKET WrlLTue.

11B 121

258 2511

102 141

538 G27

Niinihrr of advances ... Number of declines ..- Stocks unchanged .. ... Total issucs trailed ... ...

llillfilifil i iii i l

IOXTREAL, Que, hiarcli-flfL-There w 40 rntilc, 7-1 calves nnil 241 hogs sale on lhe two iiiontreaLllvestni-k rtets to<lay,,iucliiillug about ~10 cat- "(i 17.0 hogs held _over from yes-

May's market.

“are ucro no curly sulcs made on

tie.

llliirrs were steady at $3.50 for plnln p foir calves to $450 -fur tops.

pugs were unchanged. Silica were ,\-_ Au odd smnll sale wan ninde at pier hiicons, butchers and lights.

.__-_i_i.

Fish Quotations

gosqvlts‘, Mass" March ‘ll-Jilwcnty p. yPsilPlB arrived ut the llsli pie today.

\l‘ll0LE8ALE_ QUOTATIONS pm cod 5 to 0 cents per pound

lids and Qusk 4 to 5_ union Soles R to i) pay Soles 0 to 7

lrmi Ii to 4

lioiindcrs 4 to 8

Miscellenous

MONTREAL. Que, iliurch 2.1. Barley, Canadian western no ll a2 ihts. (‘nnsdian western no 3 3S .iiats iced-no 1 3T

Flour spring whcut patents firsts

Flour seconds 4.30 Flour bakers 4.20 i-‘ioiir winter whoiit patents choice 30-330 Flour whlic corn 4.00 Bran ton 22.75-20.20 Jlhoris ton 23.75-25.20 lilddiings ton 28.75-20.20 Rolled oats bag 00 pounds 2,45 liii_v no 2 per touflcar lots 11.00- (‘DFPRP current 121/, (‘liecso current I1 iiutli-r no 1 finest 24%. l-Icgs fresh specials in cartons 2S licks fresh extras in cartons 20 Egg fresh firsts in cartons 20 Esra fresh firsts in cartons 24 Potatoes Quebec 80 pound hug 30-50 Potatoes N I! R0 pouuil bag 45-50 , COTTON

NEW YORK, N. March 28.—i‘ot-

. Closing bids:

l! ; April

‘i0: . y ilili-48:‘June Bill; July n02;

Avllfilliil. (i701 September 017- Oct 0S5; loi-i-mlii-r 003; Deceuillgr 70 >02.

£1101. rloscd barely steady. liliddlinga

LIVERPOOL

ijottoii. spot good business‘ Phi-cs l0 poliits lower.

American lniddlings, fair 010, strict I001‘ iiiddina iiT-i, good nildiling 51H. nrlct niiiiilling 524, middling 517. strict Jon" uiiililliiig 608, low middling 400, lirict ordinary 471i. good ordinary 440. ntfiiiiils wi-re ‘lfipbirbales, including 11.200 American.

done.

_ SUGAR

brill’ YORK, N. Y., March ‘Mr-Raw lilliar was irregular today, showed "ill! steadiness and adviiizccs of l-ii uni. but later prices reacted und clos- "i "Mliiiiilleil at 2.1m The demand was In! in-iirc and the only solos conilriii- flirt-re 21.000 bags of Philippines for l‘; March arrival to an operator at mi . 4.000 hngmof _i'orta Itli-iin and m?” liilirs of Philippines, for prompt

nmcnt at 2.75 to s refiner. Alvproxlniiite sales were 150,050 tons.

llarrb closed Mbéllay ‘H, July 32, 3gp ’

“khan nil. Jan

eiiiicil sugar l‘fllli.l.‘.li‘tl quli-t wltli

"lilléilidxor ncnahy rrqurcmi-uts only. i we

lmnulnml- unc angetl at 4.00 for fiuc

‘Foreign Exchange

“MONTREAL. Qllm, Match 23. (By l‘ Canadian Prciufl-Briiilih and for- m" tlrhiuiim in relation to the (‘an- R Mi dolinr. as compiled by _tho

arsi hank of Canada, closed today ll follow;-

lrin-iiiina peso 028M 13'0"“ ninnni . .2118 ‘atria schliiing not quoted ‘Mil iullreil ... ... 0.0711 (Hilario lev not quail-d c‘: iiong Kent: dollars not quoted

oiiovnliia crown . unfit‘:

fliltinil florla ..'. . "If"? Ptiile not quot Iilpce

illlu D,.,,,,,, "F"? r13 i»

3th“ irroiin ' ‘ _ lrrinnil frau ' | 1 ‘i! a Murmur Slates 4.5m

. x _ .i...,“f"}°iiK. N. 1'. March za-mn- um. range irrnirn g ilrrnt Britain

pier U

MM 59%» . lllll 71%. no ll durum 01%.

001i or l fet- 20. no l feed 20%.

, on.

Montreal _ _. Stock Market ' ‘Quotations

..___.._

. Starks lllghlboirlClosc Asbestos Pfd ... .... 75 lleil Trio ...-..., 10810135110716: 11 1' 1. l'il\\t‘l' . m ml 12% ll i) l'\l\\‘t‘i‘ A ... ... L’ i5," ' ' ll i} Power l3 ... ... t.‘ C I-‘niruilry ... ... 0% (‘an tfeiuciii . (‘an Ci-m I'm

.. ,....

Cclnnese Coin Pfil . C Iii Suii-ltlng llrydcn Paper

lntor Nii-kcj

hinssoy lisirri

.\_l v o Cu

.\l l. 1i Power . .. .\'ut Iircwcrics ,,, Nut Sicci Car»... ... Pcnmans Ltd‘ ..., Shniriniirnn . . . . . . . ..

(‘oiumerco .. liioutri-ai Nova Scotlii _

Pnoouce

IIONTREAL. Que" liiiircli Zia-Eng prices were lower niid butter quotat- ions irregular while chi-csc nud po- tnto prices were unchanged on the produce and iluiry inarkct hero today.

hresh graded Ontario eggs, in car- iots or broken lots, ircro mnliily flrm.

‘extras at 20 to 2i ceii_ts and firsts at

18 to ll) holding steady with seconds declining a cent at 1ti to 17 cents a dozen. Quotations to rctiiliers of fresh eggs, lu cartons, lost n rout. specials bolnir quoted at 28 cents, extras at 20 cents, firsts at 24 ccuts anii seconds at 22 cents a dozen. Receipts were 3,1 70.’! cases.

Quebec no 1 hutirr in carlots or broken lots, was of! n quuricr of _n cont iit 27% cents ii pound, Tn retail- urs solids at 2S in 20 routs and prints at 20 to :10 i-ciiis a -i r-i iiotli gained a ccnt. ltcrclpts wi-ro 1.: ' "ca.

Current chcose wus quoted i: ""15:- Pd at ii coats with suiulncr make also ilrni at 12V, cents a pound. ltcccipts worn 3S boxes.

The potato market rub-d steady, quo- tations of lirnkcn lots pcr S0 pound bu: being :10 to 4n cents ,fn_r Quebec whites nnd 45 to 50 cents for Out-lice

(‘arlot prices were top cclits a bag cheaper.

Grain Market

\\'i.\'.\il‘l-‘.G. .\liiu., March Elk-Suc- resafuiiy weathering another opening ware ot’ liquidation from coininliislou houses the ivlicut nliirkct cniuu buck strong in the closing stages to clue:- uin-liiiiigcii to ll iuucr.

iilny closed unchanged at 00%, July H. iuwcr to uuchaugcil nt 021,5 to 02% iinii October uiichangcil at 03%, No u:- port lrado was ironiirmcd.

l-lnrly stlllng was of a forced char- acter nud ipiii-kiy drove the market ilown 2% i..\~i licforc_rcsislnucn wus i-ni-nuulcri-il. i~‘ruiu iuiit point on iitcnily recovery wus lll:lt|0 until this clinic. Tho session u-iis quite active and u inoili-rato tradu wns irorkod.

ll hiill reportcil a nervous con- till" in most l-lurivili-iin markets with iiu t.t'ill(‘I|i. oi‘ uncertainty duo to the fLQiIlli serious break u;a in XDFiCQS and u ti ilcni-y iiu the purl of importers to t riiiii their operations niitii after ihe l-L-istcr holidays.

l-laports from the Argentine drop- prd 2,300,031: huslu-ls ln-_loiv last week's l‘|t'lll‘l\i|i'L'.i. This wag an iiuportnut factor in iioiiliiii: Argentine markets. Tho illorn iniporinut iuiirkcts abroad will be closi-d froin Thursday night until Tucsiiirv morning.

(‘ash win-at demand remained ilor-

nrnnt will spreads generally unchang-

o.1_ Ilye for export fciituri-il the coarse

grains. Values oiioircd llltlc change. /

(‘LOSE

0a,... . , Uil|i‘i-—-.\ln_\' 30H. July -'iii'.i- a liarlcy-Jiay Hill's. Jilly 103's. 01‘! e955

(‘ASII PRICES

ivh nt-N i lififil out no 1 not‘ in. 2 Ill)!‘ wit. no ii I'm 01M. no 4 41%, uo l’: 46%, no ii 40%. food 30%. track 00M. no. I iluruin 70%. no 2 dur- uo 4 durum

50%. ._ 2 u 20. o . c w ma. '0'“, o w n no 2 feed 2m. rejects-d Ifgli-r w MK“

_\‘n 1mm“ ' no il c w 32%, track

no ll c w 33%. n. ’ _ cnicaop

. pViCO. lll., March Lift-Aggress- irglfiliylng which developed in the late

-'l~“"‘.’-2".;..l"li"ii.“‘ “M'-

Ilfllllllllfl today llftcd the wheat nuir-

ket about two cents s bushel as com-

nud New llrunsirlck grccn mountains. -

iviniai-uiai‘ an... July Gila-u. 0st '

Montreal Market Siiieliglits

MONTREAL, Qua, Ifilrch 2!. (B! the Canadian l'ress)—t4lghtiy lower price tendencies developed today on the treal stock exchange. The lead- ing issues were mixed with Canadian Pacific and international Nickel frac- tionnlly hfghsr; Brssllian Trsction unchanged and Canadian Car and Na- tional Steel Car eff fractious.

Losses were in the majority by ‘l to

1 ll at the close. The pilblli: found north-

iug in business news or in “all Street's action to encourage trading nud the session dragged with very lit- tlo fluctuation in values. Canadian Pacific liiillivsy was ggalu most ac- tive, with ssles of 2,901 and closed at its beat level of the day, 10 for In advance of l4. Nickei's ‘A rise to 9 was

a scored on sales of 1,400 shares while

Brazilian, with ales of 1,)l7 shares, nsov ed closely around 12% where it clos- cd unchanged.

A ainall lot of Canadian Hydro-El- ectrlc Preferred appeared at b0 and 48. closing at the former figure for a net declliie of lil points from its last ap- pearance, Canada Cement Preferred showed the widest advance with a gain of 1% points to 01%. ,

Among other closing prices were B. C. Don't-r. off 54 at 21%. Canadian Car, off l/l at ll; General Steel Wares off Y. at 1%. lloillnger, down ten cents at $5; hlcColi Frontenac. up if at 0%, National Steel Car. off $4 at 111/1, cx-divldcnd; St. Lawrence Pre- ferred, off l5 at 8% and Steel of Can- adn. up 1,5 at 22%.

Sales ivcre at a brisker pace than yesterday, due to a larger turnover la the ‘ , nud ninoiiuted to 8.35 against 0,055 and 20,388 on the corrcs- ponding dny of inst ycor. There were no bond sales recorded.

Sterling closed at 34.0100 nnd Unit- cdl States money at 12 per cent pre- 111 liiil,

miniiuuiu price would be removed cf- ioclivo-‘Fhursilny. Mari-h 3i. .\il).\“i‘lti-J.\il, Que, March 23.—I‘ric- cs ilrlftcd irregularly within narrow limits in today's slightly more active innrki-t on the local stock exchange, with nothing in the day's news or in the action of tho market in Wall Street. P-here an uncertain trend pre- rnllcil. to encourage an increased par- ticipatlon in the stock market here. C, 1'. 11.. improved frnciloually in in- crciiscil volunie here. while of the oth- cr iiiterlistedlssucs, Brazilian finished unchantzcd. while international Nickel linnroreii l5. (‘anaila Cement Preferred wus n firm feature here, with a gain of 1% points, while among the issues to rcrorii fractional gins were Mc- Coll Frontenac and SAVE‘ of Canada. '

The close here found losses‘ slightly in excess of trains, while the average

,.- prlcc of tircnly stocks declined 03 to , a new low for the uiiex of 23.70. An-

nouuccuii-nt was ntaile liy the llinutrnul stock cxi-linngo today that effei-tlrc a wool: froin tomorrow, Thursday. .\lnrch 3i, the minimum price would lie removed from Quebec Power. To- day's session on the Montreal Stock Exchange and the Curb Market here marks the last until next Tuesday. with the protracted holiday in obggfvnngg of the I-Iaster week end. liloat of the major financial and commodity mar- kr-ts of the world are remaining closed on (loud Friday, hut many of them ill!“ r---opcu for Saturday's brief ses-

m. ..

Mining Exchange

Sales Stork

High ImwiCiose 2100' Arnie -

13V; 3V; 103 1 103i 7

150th Amulet 1000 Area . 10000 Area . 2500 lillolllnger G00 lluguinne . ,. G00 liiilgonil .. ... , 3000 ll C Pioneer .. . 3800;Buff Can ... ... ‘liiiliihinioilt ... ... 00 Dollie .'. ... .. 200 ilrniliidu ... .. aim llollinger . 800iliinvoy _ ‘Zilfsllitirkitikc . 300| Kirk Prciu 100 iiiikeliinil 545 Liiko Shore 90‘.'0il-,.\lacnssn .. ldihiclutrre ... ..' 10000 liofltllall ... .. 40830 llnss Mines . .. llSlilrNoruutln . boo Pct Cobalt ,. SOiIISIscoc iiilillfitndncoilu llOiSuilbury . 4000iSylvnnlte . ZiOOVPi-ckllughe libdlTashotn .. 300 Teckhnghes 100 'i‘ou1igau1ac . . 000 Treailwcll ‘... .. 100 Vlpoud ... .... 300 Wriirlithar ... ..

Silver 20%. Total sales 275.000 UNLISTED

. 100 liliissouri .. 500 C-itesearch 300 llalhoiialo ,

2ii50il-1i Doratio , liliiilflloluc 0|] . Illililmp Oil . hfltnNli-kt-l iitliiiit Pete . Tiidlhlrk-liud ..

2300M liciicoil 100 P-(lrt-illc ‘Z500.l'en Pete llildillfenturcs .

37W. I 21o i

s“

w

4 14%| s 4016i 401

cons

fliltltilAlgoni-pilu .. ... llililillultjo ... . aoooisri-it _ hiiiililoni Expi .. 22000YGem Lake . 1000 Kirk-Tetra . Jiliitkilll Select litltliPot-lloal Tliilfilllhagn

l-i HIJIQY§Q 'G .ssng§§§§_xs

One of the n- ' " pl

a. recent election at Kelis, Irish Free State. was signed only h! women. ~

i pared with loiwr prlcea earlier. Soino of the late giuylng was based on assertions that upturns were to be looked for, na wheat values of late had suffered a shrinkage of almost ‘l8 per cent. Furthermore. exporters were represented iis good buyers at Winni- peg, presumably on account of over- seiiii business. Rt. Louis mills were rs- ported selling flour to liurope for the first time in sir years.

Wheat closed unsettled, 14-14. cents above Jesterdafa finish, Cora un- chaage to I; higher, oats 14 off to $5 up, and provisions varying from five cents decline to an equal advance.

BONDED WHEAT

NEW YORK. ‘N’. Y, March 23. Bonded wheat closed steady: Fish lmvv Close 17w’... ... ... .._ at‘: ... . - 0e: ... .. f . am

The exchange Illlliiddlitfitl that the Sm“

, c s _| 'Aui (‘ynanamld B .

Financial

News Flashes

TORONTO, OIIL, larch 28.—All financial and eolllllflll"! Ill!!!" In Canada will be elpsed on Ill-Nil 2b, flood Irldsy, lllfl the Toroliill Stock Irelunlc. Toronto Standard lllning Exchange and Montreal Block Exchange, will remain elos- ed on Saturday and luster Mon- day. The Winnipeg grain exehanle will reopen on Saturday.

i-Q-i

TORONTO. Out" March !i¢— Grcenswift, 1411., of London, Ont» has been Ifliudged bankrupt upon the petition of the Lfgh Mills" 00.. Ltd.. of Coventry, Eng.

By the receiving order that

J. Reilly, registrar In bank- ruptcy. has made out at Osgood Ilull. Edward (i, (ilsrinion, Toron- to. ls appointed custodian of the estate of Green-Swift Co. Ltd.

MONTREAL, Quin, March 2$.— Gross revenues of the Canadian National Railways for the seven day period culled March 1i. I082. were 82,730,435, covapgrevl with l3.- 411100 for the arr-pending per- lod la 193i. a decrease of l1l7,til2-

New York Stock Market

Quotations

IIIigh ' Lou {Close 187s‘ 11%. 11% 1s 1 1a

| I‘

a 2°: i-x

E a '19:

Beth ‘Steel ... Briggs _.. Cull Pacific Case '1.‘ Chrys lilot ... i.‘ G Elcc ... , Corn Pro ...

E I llupout F0! Flliu _ Gen Electric Gen Foods

Gen Motors 4. Goodyear liub .. ilouston Oil ... lluilaon .\iot ... . Hupp lilutors ... ... in Iiarv ... .... 1n liluttrh Pftl _.. 1n Nickel . ln Telephone . Ken (‘oppL-r Lambert Cu . liis Pacific .

$§£_%T€E‘_=$*-§_=?E=§=-% kiexe~lra~o<e~a4ol<e~e=a<f

S

I-l he r-E-r 30w? , ___-\_K Fe-ifioegi Er? E»-:13 we}. z<~,':;-:2~.~>.4 .-

Nash Mot .,_

N Y Central ... Pack Motors ... ... ‘Par Publix ... itndio Corp . Roars Roe

Sin Corp , South Pac

floiith Rail Stand Brands

S 0 Elev: ... Texas Co ...

-'1‘ G Sulphur .. Texas Gulf Sui .. Tim Roi Bear _ ll‘ C Carl) ... .. linion Poo ..

t: 4 use 0i:

;;;__;_;;;;;;-_;;;L;__;-______;___v______;;_;___- _ . 53.. EFY-“éiiiifii? Pi-E .. F 33 §§s:>ekx&x;@sxs*n$>§

E? §?Eqfi;$$:§E4 ng*qaN

ex e#;=#xi;x§;;£$:§£$ _ ___ _:£P'$ga;lg§: q _C;Ig’1~l¢2l,t xfisieefisfi~$£$#§5$$#$%3$¢e£

Van Steel .. lVnrnov- Bros (‘o Wes Electric

..

-s

..

§

l5 "l b .~-_.

New‘ Yorlr A

w

l

Curb

Sto it Illlghihewitfiose 4% 4%

3% 2% 5'71 1

Anl ‘super Power _ A i} Elec A . Cities Service Co

i ‘i

fiixfi 3

11'. ii I -I I

Ford liiotor Co Ltd Gulf Oil Corp .....,I

In Petroleum

M \V Utilities ... .- Nliigara Iiudson _

U L Power A ,.

. 53¢; flan-is ab kfier!

" Indian Success

In Stock Raising

CATTLE 0N RESERVES IN WESTERN CANADA IN. GREASE!) IN 1932 —II1GH QUALITY MAINTAINED.

In live-stock raising, the Ind- lens of the three Prairie Prov-

i'°° inces of Canada continue to show

marked improvement according to

*5 s recent report of the Depart-

ment of Indian Affairs. During the year 1931 cattle on all the re- serves showed an increase in num-

u‘ bera while the horses, which are

of a good farm tyne. were in ex-

7 cellent shape when the season's

farming operations were drawn to a close last sutunm.

The Department reports that there are between 23,000 and 24,- 000 head of cattle on the various reserves in Manitoba. Saskatche- wan end Alberta, which is the largest number yet recorded. The 193i. increase was a substantial one. Over 1,400 steers were sold on the market by the Indians and it is estimated that approximately 1.000 head were slaughtered for use on the reserves. After taking these reductions into consideration the not increase was about 2,000 head.

An outstanding feature of the cattle raising operations on Indian

hllh quality of stock. Steers from the various reserves placed on the "Den market have commanded the hisheet prices and s substantial source of revenue had been estab- lished. tbroulh" stock raising. Prom

prove the stock with beneficial re-

- suits. The growing interest of the

Indians in this branch of farming is a matter of gratification to the Dfliflriment, better shelters beini; provided and e. general improve-

- merit in care being noted. The

number oi’ Indians milking cows increased during i931 and the practice is an indication oi’ con- tinued healthy growth.

The question of pasturage and forage for cattle on the India-r. re- serves in the southern part of the Pralzle Provinces caused consider- able anxiety but late rains reliev- ed the situation. The pastiirngc lhmllshout the dried out areas was not good until after Juiv l Heavy rains improved conditl considerably so that up to the 91$ of the year it was not necessary to feed hay from the stacks. Ap- proximately 75,000 tons of hay and green feed were put up last year by the Indians in the West.’

DR.- JAMES WALSH, MT. STEW- ART >

The death occurred very sudden- ly on Feb. 26th of Dr. James Walsh of Mt. Stewart in his 77th year, ending a life of faithful service in his community. Dr. Walsh was born in Charlottetown, being .the only son of Mr. James Walsh. He received his early education at pub- lic school, and was graduated from

St. Dimatsns College, afterwards entering the medical department of the University of Pennsylvania, where he graduated in I876 at the early age of 22 years. Being a bril- liant student he later took several post graduate in New York, Chicago and Mayo Clinic, which added greatly to his success in his m “ 1 piofeasion.

In I877 he returned to P. E. 1., where he entered upon his prac- tice at Mount Stewart. did his work well and faithfully for fifty five years, and died leaving a wide circle oi’ friends to cherish the memory of a. good man who shared with them the joys and sorrows of their lives and worked successfully for the welfare of his community.