I¥

‘l, E. R. BROW

Fifi!» Life, Accident, Sickness and "Plate Glass Insurance at, Lowest Rate.

Agent at Summerside, Lloyd Lewis

APRIL 5. 1933

Dominion of_ Canada

_The premier securities of the country are selling on a basis today that offer tlecldedly attractive returns for all maturities. We will be glad to sub- mit offerings of these bonds with cur- rent yields.

Eastern Securities Company Ltd.

W. H. V. DUNBAR, Manager CHARLOTTETOWN BRANCH

55mg John MtIIIM-Dl! Hilliiflk t Summerside Telephone 954

TEE Pleasant

The March meeting of the Point Pleasant, women's Institute was held at the home of Mrs. J. B. Furlaysllll with the president in the qhair. The meeting opened by sing,- m, gollowed by the Club Women's Creed in unison. Roll call was an- swmd by “Do You Know", by 8‘ members. There were ten visitors present. Minutes of last meeting were read. adopted and signed by presdont. Committees gave a sat- Lqacwry report and were re-aP- pointed for next month. It was then voted that the balance of ten dollars be paid on the Fumacette, which was purchased for school We then raffled the mat which was

horfi by Institute members and

w". r tickets of which we re- salve o nice little sum ofseven dollars, Mrs. Hector Stewart of Murray Harbor North, being the holder of the lucky t'ckct. Our pro- Irnm for the evening contained Kim; very nice reading by all the members. We also had two nice colos by Miss Mary Irving, singing by Mrg. John Millar, Bernice and Florence Jenkins, that was very much enjoyed by all. $30 was made at the concerts which were held in diff-rent places recently. Next meeting to be held at the home of Mrs. s, Leeco, roll call to be an- swered by "Sing. Say, Play, or Pay." Meeting came t0 a. close by singing ‘Carry Me Back to Old Virgina." Mrs. Finlayson and Mrs. John Leeco served a. nice lunch and a very nice social evening was spent.

Mrs. J. B. Finlayson has return- ed home after a two weeks visit with friends and relatives in Char- lottetown. _

1* W. S. Fraser Sit, has return- ed to his home in Point Pleasant after the winding-up of his can-

"ig business in Murray Harbor

till-

Mr. and Mrs. Glendon Jo. zton are receiving oongratuationsv on the arrival of a baby girl.

The recent dance held in the Point Pleasant School by the wo- men's Institute was a dzcidcd suc- cess.

Their friends are very so.ry to

Mr. W. E. Jenkins and Mr. J. R. Jenlcns are busily engaged hauling wood for Russell Gillis.

The Point Pleasant School is favorably progressing under the careful management of the t acher Mr. Benjamin Beck.

Mrs. Samuel Leeoo has been eon- fined to the house for the past few days with a very heavy cold.

Much credit is due Mrs. John M'ller, janitor of the school for keeping the school so clean and tidy through such a dsagreeable winter. ‘

CONTREMPS (A Reply)

Friend. you gave my poem an answer And it sure was very good.

You are bound to eat potatoes,

If you can't get other food.

And your man may run the auto, Work the levers with his toes, You can still sit pert beside him. With the powder on your nose.

I have seen you, my good neighbour, In the summer driving past, While you make your money easy. Why. I'm sure you'll still go fast. You will still run old. tin Lizzie, As you think it is no harm,

Never thinking of the spar-gown, Or the mortgage on the fann.

Now you sure must be a poet, And some day will gather fame, But below your simple verses, Your ashamed to sign your name. If you are an Empire Builder,

By the running of the car,

You might some day hold an oillce, With your picture in the Star.

THE CHARLOEETOWN GUARDIAN

Canadian Assets Globe & Rutgers ExceedLiabilities

Canadian onsets of the Globe and Rutgers Insurance Company are lub- siantlsily in excels of its liabilities to Canadian llolcyholders according to a statement issued b! the Deput- ment of Insurance at ttnwa.

The statement rundn:

“'l‘hc Depnrnuout of Insurance hero has been advised hr the Sbfierinteuil- ent of Insurance for: New- York that ‘by OIlil-l‘ of the cour-t_ with the con- sent of the board of directors of the illolio and dtutgers Insurance Com- pany. he has taken possession of that company for the purpose of rehabil- ittlnn_ 1f possible, and conserva- tion oi‘ its assets.

"Under the provisions of the In- surance Act of Cnnndn applicable to that compauy_ n deposit is required to bc maintained with the Minister of ltinunce to protect Canadian policy- holders and at the present time this deposit, taken at current market val- ues, is substantially in excess of tho full unearned premiums, outstand-i lug losses and other liabilities on its Canadian business.

"This deposit is held primarily for the protection of Canadian policy- holders crcluslrely and, until their policies are protected, does not form part of the general assets of’ the company svnllnblc for policyholders outside o! Canada."

Montreal Stock Market“

C Dom Br-idgo Ilow Smith . Int Nickel lllassyc l-lnrris lllcColl Front Montreal Power .. Nat Brow ...

LIVES TO CK

(Cnnntllnn Press)

‘.\lOI\"l‘lll~i.-\l., April 4—'l‘iicrc vvor" lil cuttlc, 21 sirr-op_ 1,114.‘! chives and 12.34 hogs for snlc on the fwn iliont- roni llvest ck rriuckct", lnciutlilll Y1‘ bout 1,100 hogs lield ovcr from yes- terduy. i

Exports toinllcrl for the week to dnte 1457 cattle-Jr; of which were to he longied at Saint John from Wond- sthck. N. B. The bnlnncc were (‘-21 for the lllrivchcstcr Citizen, 372 for the Concordia null 38'.) for the Salu- cin all hooked to lcnre Saint John iii-d Hrflifnx ‘this week.

Th‘re vvre three loads of western chit"! just s-rivctl and these are to be rested nrd fed bcfore being offer- cd for vie.

Now my friend you called me Brother, And that sure doth make me glad.‘ But I did not think the verses, That I wrote. could make you mad, Just go on as you are going, Run your car the year around. M1811 your all through making money, , You may then move back to town.

Now I never went to college, As for grammar, not a word,

But r think a yellow-hammer, Must be some kind of a bird. How I wish I had your learning, I mfflht grow potatoes too.

And could rest my weary mum”,

hear of the continued illness of Drive a car as well as you.

Mr. Leslie and Mr. Alexander Mc-

lnnis and hope that they will have Will the autos run next summer?

I speedy recovery.

Mr. James Finlnyson and m. John Leeco are kept quite i-usy in their saw mill.

We are glad to hear t1. L Mrs.

lesii: Irving is able to be around,

l? after her recent attack of the r.

Mr. John Jerklns Jr.. of H"“fax '5 v's't’ng on the Irland, the guest °f 11's sister, Mrs. W. E. Jenkins

Mrs. Elmer Jordon has for the Past week been ill with a severe lt-‘eck of the flu.

M

FARM Filil SALE BY TENDER

1 "l!" my mm at Mt. Herbert, I30 acres. Formerly old Orphanage PWMtty. Tender to close April 15th. I do not bind myself to accept the hillmt or any tender.

EDDIE FARQUIIARSON, ' Charlottetown. R. It. li- l72B-4-5-s1;

Sure they will, you seem to think, If they don't, my good old neigh- bour, That's‘ the time you'll surely blink. When the time comes let me know it We'll be nelghirurs just the same, Do not hide behind some auto, I When your writing, sign your name. -J. Wellington Thomas. North ‘Ifiyon

PRIMROSE SCHOOL

Honor roll for Primrose School for the month of March.

Grade IX-I Mlary Campbell. Grade VIII-d Alphonsus Cazrvp- be". 3 Ellllhemia MacDonald, 3 Aeneas MacDonald.

Grade VII-l Stella Campbell.

Grade V1-1 Marian Acorn . 2 Francis Johnston.

Grade III-l Adele Campbell, 2 Catherine Johnston, 3 John Acorn,

Grade II—1 Freddie Acorn, 2 Pius MacDonald.

Grade —l Theresa Mac Donald, 2 Gertrude MacDonald.

Perfect Attendance - Aeneas Jilhn-IWI. Marion Acorn, John M10111. Freddie Acorn. ‘Theresa IlmcDonald, Gertrude MacDonald.

William A. MacKinnon-Tescher

146 Richmond St.,

Charlottetown

With n 11 avy offering and quality lining cor-awn’: to Just fwlr, sales were FlOW, and prim": uaerc Just stondy to 2:1 cows lower in spots. Fnir to me- d‘mn qunlltv rnlres lirolwht $1.50.

cnuiinnn l"'hf ren from -.- u in Sit. i"""‘l1l0ll d"lnk"rs were from $2 to $1’ 25.

Surf l! lnn~lw of cool w-i-rbfl and qun1't.v b""lll'ilt S" cur-p with lrrbtru- one: hard to s11, some making $4 ouch

qu:|1"_v hrulght S0 each, with lightcri onoa hcrd to scll_ some making s cur-ll.

ll gs were moving very slowly. A cnurfc of lrv-ds of gncd hogs were sold-for $0.10 to $".25 the balance of the frag: were still unsold,

‘PRODUCE

(Farr-Tan Pres!)

hf0‘\"l‘1?"\h. April t-JA-‘ht trad- ing pl"\\'l‘i'°fl on the hinctreal pro- duce and dn"',v market today.

Eccs he'd nf. the w-nr-‘u low levels cs‘nbl'ai\'rl in hie trmPng yesterday rfltlicucli n better tone wns exper- lr-v-r-i-rl. Fro-h graded extras were quintet! nt I0 to 18% ccntn, firsts at 141 ‘.6 to l5 c"n'~ and accords at 13% to 14 ccnts a dozen. Receipts totalled 2,407 canes.

Il-itlcr sold at the full range of 24 to 2411. ccrts n I\"ll"fI fo- car-lot: or loss nf no 1 racrndcrl or frcsh Wont- r-ru mnkc. l-‘rorh loci-l butter was quntcd rut 9.1‘!- cents n pound. Arriv- als wcre 1.1V" boxl-l.

(‘horse was firm lit 10% to ‘ll cents

u pound for current Ontario colon-d. R""e‘"fs avers 8.1 boxes. Pivotal-s were ll"l‘lllllllvefl. Nnw Brrrrrg wick or Prince Fdwnrd Iiflnnrl grncn- nmuninlun p0“ S0 pound ling Iu-lng, nuntcrl nt 05 in 70 cents and Prince Eda-owl "inn/l g-ccu n-nunfnins per D0 pound ling at 75 to 80 cents.

GRA IN

(Canadian Pun) WINNIPEG, April (-

CLOSE V “Wheat: May 507th; July BUQA; Oct n din: lllny 2mm July 2455A: Oct

Wort-r: m: 3015B: m, some; 0C2 31KB.

CASH PI-ICII

Wheat: No 1 hnnl 52%: No 1 nor

50: No 2 nor 48%;: No .1 nor 4014:!“ or 40%: No 6 Nil/r:

40%: Truck 50%: No 1 durum

Oats: No 2 t’! W 304:1“ 8 C 21%: No 1 feed 209i? ‘Yo 2 feed 18%: Rejected 17%: Truck 24.

Barley: Malling grades t! mw or 8 C W 3i‘. i 2 rnw ox 3 C W 33%. Other grndcn nn .'l f‘. W 20%; No 4 G W T! g 5,255 C W 25%: No 0 C W’ 21%; Trsc

N. Y. CURB

(Cnnwdlnn Pun)

Amer Sup Pow-e An G and lil ...

Pltien Sci-v . . . . .. ... ... . 213 El Bond and Shore ... ..... ... 12 Imp 0i ... ... ... ... ... 0% Int Peta .. it Niag Find 8% St. Oil Ind .. 18%

Communion plate aooyms old was saved by volunteer helpers when fire seriously damaged the century old Presbyterian Church in Bunion. Ireland, recently,

Sur'"g lcmbs of Rood weight and‘

premium. NEW YORK, April 4—(A.I'.)_.

Pivotal New York V Stocks

(Canadian Pun) Stock: Allied Chemical

Anacondu ... Atchison .. .. Auburn Motor .. (‘unudn Dry ... (.‘ l’ It . Case .:. . .. Chesapeake and Ohio Con (ins .. Corn Products Delaware and Bud Eastman (inn Electric Gen Foods ...

Gen Motors

Int Harvester ... lnt Nickel ... Nat Biscuit . N Y Central .. North American Pub Ser N J ..

adlo ... . Stand Oll N J Tex .. Union Carbide . Union Pacific ... .

United Corp U Rubber ...

Vanadium. ... . l’). ‘v-nullflllfllllfi . 24 Woolworth ... ... 2741i

MT’L. CURB

(Canadian Prue)

Stocks Clone B A l ... ... s. s... ‘no .... 7 Bcauhnrnols ... ... ... ... ... 75 Imp Oll ... ... i... ... ..... 77h Imp Tob ... ... . . ... ..... 8 Int Pete ... ... ...... 10%| Walker Pfd ... ... ... ... ..... 10% s2 (Canadian Press) TORONTO, April 4- . Stocks Clone Acme Oll B. Ajax Oil Bil Alcx . 2 Amulet l5 Area 2 Arno .. 2% Ashley .. 130 Bagamac . 7 Barry-H 12V; Bunk Hill 3% Brnlnrno . 245 (‘on l'nt . 2'1 (‘nstlc Tr 20 Dome llilncs 1.170 b"lll’lll 1'0 ‘SL1 Fed Kirk . It"; llrnnudn . ... . . ... .. llnlliiincr . . T5" Homestead 101’; llnwcy . Kir-k Lair» Luke Shore uncnssa \fn'nrt'c . . . .\fr|n Basin “clnlyre vnflinn .\Ic\\’nfiers . 11in (‘crn . .\fnff_ Ilnll . Rios-s lllims .\lc\"i.' i0 . . 2S Newlrc 2M Xlplss'"g . 14,’, Norlrdir North Cnn . Old (‘r-irri)‘ ~.. ... .. ii: mgu 0'1 ... . " ' "ion e- |._- Prep-or 70 Sun Ant p0 Qhcrrit g Siwmc 14d b" alncnr-n 31/ Anihrny 1m.‘ ud Iln-iu 90' Syl-w-v-Pc g1 ' 13G Tcck I-l ‘gb 423 Tnnd " ell 19g Unit Kirk l‘. Vacuum g Wilt-c‘ (7 . 515 Wr"-“ min . . 431 T "a 305,000. UNLIBTTD B-ll ‘l Cell Allin . Can Copper

gonilurum ... 30 .meiers ... I-‘ildorodo ... ... ... ... . “wig llifcrcu ... ... ... .. . .. f.“ [Nljmil Oil i 01:: - .- Nifilfll . H ftlrflrnd 2;.‘ No d-w 11% V: ' o1 ll W, . 11 r- r. C_np Ruuyn IUrk Town 15g, Luke Moron . . _ 15.0 Lehcl .. . r." hlnlrobic ... ... ... ... ... .. i! ___.i_._____.

EXCHANGE

(fnnnlllnn Press) nioxriuoan, Apr-ll .;_g,|¢;,,;, m, foreikn exchange currencies in rein. tlon to the Canadian dollar as com. piled by thc R0111 Bank of (‘nnndn closed today no follnws:— ' Argentina bcso .3070. Australia pound 31mg, Austria lchllling .1715. Bfllkium helm 10m. Brazil miircil .0008. Bulgaria lev .0003. (‘hin- l-lolur Kong dollars .2135. (Yleebosiovakia crown .0300. Denmark krona .1310, Finland finmsik .0100. Franco franc .0475. Germany relchlmark .2373, Great Brluin pound 4.19am Greece drachma .0068. . Holland florin .4876. Ifuosorv oer-go .2131. lndin rupee .8127. Italy lir c.0010. Jinan yen .2596. Jugoclnvia dlnar .0100. New Zeaiand pound 3.2000. Norway krone .2120. Poland Ilotl .1304. Roumsnia leu .0015. South Africa pound 4,1115, Svlin puela .1023. Spain pcseta .1023. Sweden krone .2102. Sw-ltaerilnd franc .2102. United States dollar 201,1

percent

Foreign exchange _ (yr-Mt Britain in dollars, others In rgntl. Great Britain demand high 3.4211441; low and close 3.41 : France 3.08- 5-19; Ital! 5.13? Belgium 8.04%; Ger- many 28.70%: Canada 82.75.

Panama is revising its direct tax on salaries to include other forms of income, but the maximum is not expected to exceed 05 a month.

' case, were

‘H 102% tcrrry afternoon to pay ther final

' and esteemed Sydney woman whose

IStocQ, Boliils, Quotations

Kingston Play Great Success

i,

On Wednesday. March 29th. the Kingston players presented their play “The Blue Bag" in KIIIBSWH Hall. The hall was filled to cap- acity and many were not able to gain admittance. The action of the play is based on a blue handbag containing smuggled jewels which became mixed with other similar begs. The customs detective, after a much interrupted investigation, finally gets matters straightened out. Besides the element of mys- tery there is a. vein of bright com- edy running all through the play. Included in the caste were Obadiah

'4 Macklyh. Proprietor of the hotel.

played by John Colweil, who was inevitably good, while Mrs. Col- weli, as Cindy Macklyn. certainly upheld her title. In the role‘ of Ohattonoga, the maid, Miss Alma Newson was one of the star per- formers of the evening. Clifford Proud, as Anton McDonald, and hLs chauffeur, George, played by Golden Barrett, gave the audience plenty of thrills.

The performance or Enid Laptop and Allan Ross, in an elopment admirably taken by Mim Sophia Newson and Davis Ward, while Mis Lilian Newson. as Letty Long, the actress, deserv- ed the right to the title in this performance. The difficult parts of Mr. and Mrs. James Keefer, two underworld operators were very capably played by Mrs.

,_last but not least. Wm. Hells, as QI-Iarrlngton, the dstective, acted his :part with much satisfaction.

I The specialties during intermis- sious were of a. high order , The hruslc rendered by Mrs. Everett iHolmes. Mr. Donald McDonald and Davis Ward was a pleasing feature

‘of the evening. Richard McLean‘

Have a fine exhibition of step dancing which was heartily enjoy- ed by all. A quartette by the much afflicted choir caused much

‘John Clark m his skillful

witfllilfH '4. Yeo and Richard lVfcLaren and!

e _ . “cltement, also a couple of humot- W5 Teaii-"BS by our good friend stock in bulk, before paying to the flélMr. Neil MirEachern add‘d much vendor any‘part of the‘ purchase “agile the enjoyment of the evening ‘price (save as hereinafter provid- lflli A great deal of credit is due Mried), Or giving any promissory note man- or notes or any security for

.Etii8iATltitE' til continua YESTERDAY

legislature, April 4.

The House met at 4 p.n1.

Hon. Mr_ MacPhee presented a bill to amend the Public Utilities Act. 1t was read n first time.

Hon. Dr. MacMiilan tabled a communication from His Honour the Lieutenant Governor, recom- mending thc Supplementary Estim- ates.

The following bllls passed third reading:

An Act to further amend the City of Charlottetown Incorpora- tion Act. (I-Ion. Dr. MncMiIIan).

An Act. to incorporate the Island Seeds Association. (ll/Ir. Bethune).

An Act to amend an Act relating to the estates of Intestates, and to regulate the practice of the Surro- gate Court, and to repeal certain sections of certain Acts therein mentioned. (Mr. T_ A. Campbell). An Act to amend the Electrical

Inspection Act, 1932. (Hon. Dr. MacMillan).

An Act to amend an Act rc- specting d-mestlc animals. (Hon.

Mr. MacNutt).

An Act to amend the Prince Ed- ward Island Old Age Pension Act. (Hon. Dr. MacMillan). .

Bulk Sales Act

‘him of such stock,

On motion of Hoh. Mr. MacPhec Lhc House went into committee, with Mr. Strong in the chair on‘ second reading of the Bulk Sales Act_ | The promoter explained that the;

chief purpose of thc bill is to pro- vide that a debtor cannot dispose of his goods in bulk without first uitisfying his creditors. A similar-

A“ is 1n effect 1n a1] the Prgv-{Within such period. the purchaser able horses raised by this biceier “

inces; this particular bill is modcll- ' 2d on the New Brunswick statute. Mr. LePage thought the Act was; 1.1018 for the protection’ of whole alers and manufacturers than for xierchants. Sec. 5 reads as follows: “(ii Every purchaser

of any 3

the

commissions of any trustee under the Act shall not exceed 3 per cent of the total proceeds of such salc which come-to his hands; and, in the absence of an agreement by the vendor to the contrary, such fees or commission, together with any disbursements made by such trustee, shed] be paid by being de- ducted out of “the moneys to be rc- ceived by the creditors and shall not be charged to the vendor.

Clause l0, after discussion by Hon, Mr, MacPhee, Mr. W. A. Stewart. Mr, LePagc and others was held over for reconsideration on motion of the promoter. The section in question reads as fol- lows:

“l0. (l) Every sale in bulk in re- spcct of \vliich'the provisions of this Act have not been complied with shall be deemed to be fraudu- lent and void as against the cred-

itors of the vendor; and every-paw-

ment made on account of the pur- chase price, and every delivery of any note or notes or other secur- ity therefor, and every transfer. conveyance and incumbranco of property by tiic purchaser, shall be fradulent and void, as between the purchaser and the creditors of the vendor.

"(Zi If, however, the purchaser hasreceived or taken possession of the stock which is the subject of such sale in bulk, or any part thereof, he shall be personally liable to account to the creditors of‘ the vendor for all moneys, se- curity or property realized or taken by him from, out of, or on account of the sale or other disposition “by or any part thereof; and, in any action brought, or proceedings had or taken by a creditor of the vendor within the time limited by section 12 of this Act to set aside or have declared void a sale in hulk, or in the event of a seizure of the stock