- _‘ the Atlantic states. except Florida, -‘ on Dec. 16. and in the Gulf Coast

MARKET GOSSIP

Case. Volume fell to-2.500.284 shares-

A spirit of compromise was read in-. to the railroad wall’ “lilfllllllflll 117 Wall Street, which felt the DWIPW" for a reduction had been improved. Carrier ahares fluctuated quietly. cloa- ing rather irregular. Katy Preferred rallied 2 points despite the adverse dividend action.

Foreign exchanges were uneven. One of the 'early reports rumored the 90l- aibility of gold payment snapenaiaAn by Holland and the G lder The Japanese yen recovered vigorous- ly. Canadian dollars found atiii lower levels and there was a alight eaalneas to both the reicbamark and the pound at the close.

\VIIA'I.‘ THE STOCK MARKET

- n l. Cooley, Associated Press u” “h rinaneini Writer) NEW‘ YORK. N. 15., Dec. lit-Strong- ” ‘upper-ted by wheat, the stock mar- ket displayed a mach firmer tone in the afternoon trading today and closed higher for the first time since De- , somber 5. iiiorning dealings were unsettled by selling and nu assortment of rumors; but none of the latter developed a basis in fact, while liquidation itself dwindled to insignificant proportions -hy noon. The market thereafter im- . proved. Net gains-in stoclrs were modest but ‘IQ, recovery was general. ‘ . ' S. Steel, nftcr touching 89%, end- flfithe duy at 411$ where it was 5Q ion-er. American Telephone, which had luplicated yesterday's bottom, sold up

DID:

W; net and there were advances of TM- "1"" g ' b A 3 _ . ."§'"ber of advances . 200 1'33 a pain or so y merlcan (an \Voai Numb" or deem," ~ 4“ o

worth, Du Pant, General Foods. Am-

‘ I " Qt it h l -. 2.13 1L2 ' giltllonnnlrolliyllgtrfiiit, ‘gnion “lllisvztlfigholalhfi T321. laiiazsnngmled 337 e . 9 Miscellaneous Index Prices ._...

OTTAWA, 0nt.. D_ec. 15—(By tho (‘anndinn i'rese)—'1‘lie Dominion Bur- eau of Statistics index number of wholesale prices, on the basis 1020 equals 100, again advanced in Octob-_ er, 1031, going to 70.0 as compared with 70.4_in September. Of .102 quota- tions 00 were highor, 70 were lower mid 335 remained unchanged. Wheat. y», corn, barley and flour wcrc co influence in the nilvancc, com- p< ting for losses in potatoes, car- rots, turnips, parsnlpa and hay.

Prices for butter were firmer in eastern Canada during November than for some months past the rcport atiitea. This strength was not apparent, how- ever, in the west. Cold storage lioid- ings of crenmory butter in Canada on November Ist, as recorded by the ag- ricultural branch of the bureau. amounted to 81,200,113 pounds, which was 8.20 pcicent lower than those of a ninnth earlier, although 10.15 pcr- cent above holdings on November 1st, 1030. Support received by liuttcr mar- kcte was iuostiy of domcsici origin, export business being influenced un» favorably by the exchange situation.

in custcrn Canada, lnmbcr markets were quiet, particularly in Nova Sco- ;,u, wncre it was estimated that op-,

rations for this season will drop In:

-\v the record iow_0f last your. Ship- dcnta to the United ltingdnm oi».- reported practically negligible, owing 1o unsettled exchange rutcs.

Demand for iron and steel continued to be for small spot lots. Conditions were reported somewhat better. as in- dicated by the fact that several plants, which liud iulspcndcd operations for some time past again became uciivc, towards thc luitcr part of the inunih. but no price advances were uecordcd.

licavy melting steel scrap, in charg- ing box sizes. dropped from $350 to .00, and heavy inciting steel scrap

overcharging box sizes, fcll from, 00 to $11.50 pcr gross ton, delivered’ at consuming mill. No. 1 and no. 2 machinery scrap iron were $10.50 and $1.50 as comparcd with $11.00 and $3.00 per gross ton, respectively, in October.

MONTREAL, Quc., Dec. 1 Canadian wostcru. no. 3 adian western, no. 3 .39 no. 1 .38; flour spring wheat pntcn firsts 5.10-5.15; flour, seconds 4.504. ; flour, linkers 4.10-4.45; flour. winicr wheat patents, choice 3.40-3.50; flour.» white corn 4.50-4.80; bran, ton 10.1 shorts, ton 211.75; middiings, ton 28.7 -rollcd oats, bag 00 ihs. hay n 2, per ton, car iota I choose. On- tario 31114-11011,; butter no. 1 finest .22; eggs, frcsh specials in cartons’ .53: eggs, frr-sh extras in cartons .50; ggs, fresh firsts in cartons .44; eggs, .l|.l)i'1i[,‘E oxlrns in cnrlnna . aiorngo firsts in cartons Bturiigt: soc-ends lu cartons ; toes, Quebec, 80 lb. bag 55; pota- lb. bag .."i_-'S-.00.

ii-Bariey, outs,

toes, New Lruuewick, 80

é x coasr GUARDSMEN " assay son DUCK season

WASHINGTON, Dec, 15—'I‘lie open season on duck hunters, as far as the coast guard is concerned. closes along the Atlantic coast dur- ins the third week of December, ac cording to instructions sent chast- guard stations by- the commendant.

(Jo-operating with the Biological Survey. the coast guard will endeav or to enforce the shortened season on migratory fowl which closes in

§1EQ

ltstes on Dec. 20. This year the reason was cut one month cn ac- aountof the drought.

siLiasR.FzxrEsr

1*)‘

Mr. L. 0’Bryan is now at our office in the Dalton Building opposite Strong"s store, Sum- merside.

Mr. Weiner, of International Fur Mer- g

chants Inc., is now at our main office, Sum- merside.

-Mr. D. F. Meehan, of Daniel F. Meehan inc. is now at our consignment office, Sum- merside. _

Fox ranchers take this opportunity of disposing of your fresh pelts while the high- est prices are available.

G. R. MACQUARRIE, l0548-tf

Promotes Health

Healthy animals produce larger litters, better pelts and bigger profits.

Therefore feed “IMPERIALS” regu- larly and liberally. '

For Sale by Dltribntors in Leading Business Centres and Direct from

Factory.

vlllnriifiia Blitzunrtitifll ‘= Jfqiaatcrteiovln »~

A-_»___J

Summerside and Charlottetown.

p premium.

NEW nit iltcdlfii

(lneelal to Johnston a w...»

Open Iii h Low 1M1 VtCi Air Reduc liming; I43“ 51-1 4g " um, ‘ti? hi“ 33-» + y ... ‘ 1" g i" ‘lit . 12y, l” "_‘_ ' . ° - 13% 18% 13% 1816~ '16 Am '1‘ Tel 12014123%120%123%+1% Am T?!) B 70 71% 10 l}; +111, Ana Lop .. 0% I Atchison .. 81% 84% 34 $155 14 Auh Auto .120 125% 110 12-! 4-7‘... Bait Ohio . my. 111,1. 111% 1114+ 1,1. Bend Av .. lti 105, 1e 1o + 1,4‘ Beth Ste 20v. 21-h 20% 21411-111 Byers .. .. 2% - 14 Cont .. 5% — (1 D G Ale 14% - l Case ' +29; C-Nairn . . 0 — ‘ Chcas Ohio ‘l — _ Chrys Ma . 1. + 5g] CocinCola . +351; Col Curb .. +2 C01 (1 Eiec 56 — 1/, +1111 " | + ‘iii, + a +1111 + VA‘ ‘A — V4 + “ti: +1 Gdyr - Iluii ' (i-Paige . '.' (lranby . . - (irlgsby- . '- lious Oil + 9'1 Int i-lurv .. - liit Nickel . — Intl Tel 1-’. — ‘A Johns lion _ + ‘A Ken (‘op .. — . +3V1 +1 + Vi +2 - V4 — Vs ' -i— ‘iii + 56 v +1‘/4 .' + ‘.4. — u. |- l/i ‘Vi + ‘ti: 7s + ‘Kl — ‘A -. + u. .. + ‘A ltoy Dutch 111/. 1154 14 ‘i4 — M. Safe Stores 410’, +111 S ltoobuck, 321/. 32V, 32,l,t1'32%—- 1/4 Sine Corp . 4 4% .405,‘ 4% — H; Sim Co ... 71,4, — 8 Pacific . 80')’, 30-7,‘ 110%‘ 30% — Qé South llnll 7, , . — ‘A S Brands .. 11% 111/, 11% 1155- s Else -. - — it. ‘S O of Cal 257., 25%, 251,4} 26% — ‘A. s 0 ofNJI 20%| 20%| 201,4, 20% - 1,4. Studobulrcr 111/, ' — - Texas C0 . 121/; 12% 121/j1201- Tex G Sui fill: 21% 31 Z1 -' 55 Tim R. B . 18% —- U C Cnrb . .2816 20% 20y, 2014+ K U Pacific . 701/, +2* ilnit Air .. — 1i llnit Corp . -~ U (1 imp .. — l.‘ S l Aico ' ‘A U S Steel . l‘: Van Steel . 5a Warn B Co ‘A: Wes Union '4 West Eicc ‘is Wool Co ... ‘n’.- Worth l‘ . Vs

F o reign Exchange

BIOIVIREAL, Quc., Dec. 15—(By the Canadian Pressb-Brltish and foreign exchange in relation to the Canadian dollar, as compiled by the Royal Bank of Canada, closed today as follows:

Argentina, peso, 0.321

Australia. pound, 3.4308.

Austria, aciiiiiing. not quoted.

Belgium, bclgn, 0.1733.

Ilrnsil, uiiircls, 0.0701.

Bulgaria. lev, not quoted.

China, lloug Kong dollars. 0.3215.

Czechoslovakia, crown, 0.0370.

Denmark, krone, 0.2302.

Finland, finniark, 0.0230.

France, franc, 0.0480.

Germany, reisclimark, 0.2051.

Great Britain, pound. 4.3080.

Greece, ilrachnia, 0.0100.

Holland florin, 0.4085.

Hungary, pengo, no‘: quoted.

India, rupee, 0.3271.

Italy, lire, 0.0089.

Japan, yen. 0.5358.

Jugoalnvlu diner, 0.0238.

New. Zcainnd, pound. 3.0111.

Norwya, krone, 0" i5.

Poland, zloti. 0.1

Roumanin. lcu, 0.00 5.

South Africa, pound, 5.0510.

Spain.‘ pcseta, 0.1 0.

Sweden. krone, 0.2405. -

Switzerland, franc, 0.2428.

Uniteil- States, dollar, 24% per cent

UNIVERSITY DONATES PRIZES FOB BEST WORKS IN ENGLISH ' - ___ | NEW YORK, N. Y. Dec. 141-11116 two Loubat prizes. one of $1,000 and one of $400 for "the best work prlnt- '

isnsuleo 0a the history. Icosrapb! archaeology. enthology, philology. or numismatice of North America will be awarded sgiln at the Col» umbia University commencement of 1083, it is announced. The compet- ition is open to "all persons. wheth.‘ er connected with the University or‘ not. and whether citizens of the United stat or any other count- ry." To be considered for the 1033 prizes, books must be published be- fore January 1, 1938.

The prises, established by J. is.

at commencement. Walter: "we have Janet-ls! print- quettiss. riasoles deboeuf-J’

piateful of whichever of thernls neaiest to Irish stew."

‘Aie you mini w be like your father when you grow up?" asked the minister of Bobbie.

"You bet I'm not.” retorted the‘ boy. "I'm s01!!! to be a rich man. aoeverytimemykidsaskmeforl

quarter I won't have to tail them I'm broke.”

‘Lfilllblh in 1893, are given five year-am“?-

anier, fricaneau ~de veau aveo cro- standing for month

“Diner: "Yd; well, give rne a GRADE IX-l IYWQ

THE RLOTTETO

STCK AND B

Stock Exchange

(S eclal to John-don I Wsrll M..." openuiighyiiowibllt Ahltibl .. so u.

si-nimuu 10V. ii 10% 11 Can Car say 11%| 0% 1i ° Can C Edy Pfd 1 (‘an Cem Pfd ... Can ind Alco

Mining Exchange

.___i

(Canadian Press) TORONTO, Ont., Dec. lir-illining sales closciv-

The Montreal I Curb Market

(Hpeclai to Johnston E Wild) Stocks Openlilighllnvrlliiast British Am Oil . 10 , Imperial Oil 10% 10% 0% ills horundzi .. .. ..|’14.75_15.00 14. 14

Grain Exports

» (Canadian Press) NEW Yliiili, .\'. Y., 11cc. 15——Bond- cd wheat closed firm. iv

Low Close

Dec. .. .. ... 50B

my 50% 55% hoot-ooh.

July 5715-511‘; “TNNIPEG

“flNNlPlill, .\ian., Dec. 15—(By the Canadian 1'l"i‘J.~i|-—'A\. wnvc of buying by seaboard internals in the last half hour of trading lifts-d wheat prices out of

Salsa Stock IiIK-IiI-Owlcill" the dnidruius in the grain pit today. 9990000016 -- -- --- J3 J33 .13 o Substantial gains of 21in to cage were gooiAlnx .. .. ... 1.0" 1-00 1-0- Ohiliknd for the three futures at close 11500Aini . .. 01 .01 .01 i of (radium

I000Alnuict -- as .- ~17 ~17 ~17 Dcccinlu-r closed at 01%, for a gain illlliilusanuw ~04 -°4 ~01 of 21g (wlilti; .\iay at 1151/. to 03%, an

50015 1101110881‘ -- .08 .03 .03 |nllvlinco uf 21/, to 2%, while July cnd-

ilfliillildalwd '-' J1 <11 .911 at m: u. sling. for a 2'/,c gain. 17001! C‘ Pioneer -- 11339 3-10 _3- I‘it trade ivns of good proportions 3000BlIff-Cnll -- ---_ ' '3 J4 and rcvvaicd. for the first time in

100 Cnlinont ... ~07 weeks a ri-al dcinnud from foreign in-

7000 C-Treth u 35% - tercsis. import business worked over- 12500(‘hil>nug ... ~07 ‘night was estimated at upwards of illlililflvrivy ~ 91% one million bushels. Vancouver report- 500(‘oiuninrio .. .. .. 117V: ed good sales of wheat being made to 2il00(.‘unusu ... S . 7 _ J13 "both Europe and the Orient. Indica- uliilloiue -- -- 1H5 9-30» 04-1 tions also polntcli to a broader dc- ~i0il0FPd Kirk -- -- 111% 031413312 inand on the oustern seaboard. 4200Gr-lluuyn .. l7 J" - Unfavorable woiithcr conditions in l-iilniiollingcr .. the Argentina played a part in the

2i00ilInvrcy .. .. _-advanr-o. Ilruomhnli intimated that a

liiluiKi-cioy .. .. ,l‘l‘iilli'liilil in the cstimntcil size of tbc

Zli-llllhirk Lnlre . Argentine crop would have to be

>1-">4W?Kirk Pram . made if present wet ivcathor cou- i0fl0llioot Flu!‘ . 1 tinned. 11o pointed to the delay in

Dllliiialia Shore . .. 20.75 20.417 "I175 l1i0\'t'lili'llt to Europe which must oc-

WOiYRIiu-assn ... ... .40 9 -'J cur if whcut is too wet t0 ship across

200'.\inlartic .. on the cqnluior.

JS-‘ilbicinhvrc .. (‘ash wiicnt met an improvement dc- iiinnd willi spreads ‘A to 1,9 cent high- cr. (‘onrsc grain inquiry was confined to barley and rye for export. Values iiclil fair gains.

500001131 . .

CLOSE

ggggigrciniler .. -——Dcc.. 31B; lilny 33MB; July .nrna .. .. ,- -. 9S Qhcrritt . . ilarlc_v:—- Dcc. 3805B; May 4078A; 0&0 stiittgflhfl}. . I July 4011,13. . ony .. 300281111 llnsin .' CASH PRICES ifltiilifiylvanite .. 50 . 500'l'ashntn .. . ivhoat-No. 1 hard 03; no. 1 nor. oiggiliiiif-iluliimw " 1'01 1'01 mi Gala-i 2 "tlnliiqlffié: Mil $4,101? ' 34%: ‘ ll \'-'(‘ s. .- . . ill). ii I 11D. i! j: DO. I O1‘ L; 2001\'_iponil ...i .40_ 40 .40 track 02; no. 1 durum, 701A; screen- 10-211001 “ha? liar ..| 2.10 2.02 2.70 infant perv ton; 50c.v ‘ vcr .- 4- a s—. o. i. C. l . 31; no. 3 C. W. '.i'otal sales 300,201. I28; ex. 1 fccd 28; no. 1 feed 20; no. 2 fccd 25; rejected 21; track 31. UNLISTED i Bnricy-llaiting grades: 0 row ex. 3 Missouri .104 F .l.'i_ C. \\. 41%; " row or. 3 C. \\'. 40%;. A 311 . 07.80 0.30 iLoO ‘(4)t:|‘cr“gr-u1o A0,- ,'; (‘__ “F 19s’; m, auuicfiiii-sl-alii-lh lo i" u" s 7'5 tnriffcls {seam no snail-inn (Trust .11 " ' "h ' ' lwooiiildorado . . 011113.100 14511udson Bay . 2251 imp 0L1 .. _. CHICAGO, 111.. llcc. 14—Enlargomcnt lflllhivkcl -. - of export demand for wheat from “fag liitlililte m. aortlh lflllltrlflfgli hoilsacd twxhent ‘values ...» .c.co . . n vcy as on n , it :|£rl1l|.\LCl'\l0l‘l ... .‘l'_ .1 1W H stock ‘market weakness. 01023!!!‘ fulfill“: 009i! P" {P10 - -il_l'."ii -0_l.ii 1710i for oH-rseus were upward of 1,000,000 limllluyxilito .. 0.001 000i 0.00 busliols, and estimates were current IGUUiVcniurc-s .. .. |.42 | .-12 |.4'.: that to meet requirements of Europ- cnn countries grcntly increased sup- ‘ ’ plies must go from the United States. gwwllobjol lei‘ .. p. .02 -_ 021,,‘ Tlaiti twas ab? fifth pucceasitveildlay the u “an i r .. .. . L. '. . - w (‘ll niar e as rson no w sand- Eli-llliliifiill ituuyn . ..| . 2 .0104] .017; ing_vontrnry action of securities. :]i00g,i)liiii flalpi , ..i hilillu-atthcloscd Etronir. llr/f-‘fx: cents 00 111cm 1n ‘o . . ' J . ‘A . g gior an yes army's n s , corn lfifltibllgoidhlilli 14/‘. rl-ili 151/. E-lzé-‘Iliélgugaé 3y. ‘hit. nadflvgricczl,‘ ‘.... U , TUZL‘ C! 1- no‘ - d; d . 0 ‘ - .3 P Ii [WOVSOIIH canning-...“ .313. gist unchanged to s with better. 1001i .1111" . an .. . g . ,4 . 1 aimiitirr Tuwn '. .. .1119 .13'/il| any, Sillliiiiiivugu n .. .012}; 01:41 311/, 2000|Sud .\lincs . .. f.- 1L1‘ m P d M k CiilihWhite Luke .. .0154; .0174: .0i',u _

NEW AUTOMATIC TIMER. LOS ANGELES, Gal, Dec. 14.— "Won by e. nose,’ as s. racing expres aion may disappear if a new aut-

omatic timer. devised here is aw:

opted generally.

The new timer, produced by D1‘- l... E. Dodd of the University p! California. at 1.0a Aussies. lewd-l time electrically with accuracy of thousandth; of seconds. The 811m‘ er has a insulation gun so wired that the shot breaks a. current and a inzchlne makes a mark 0f ribbon-

Ixistead of the regulation tape at the finish there is a beam of 118m- This beam, part of the electric cir- cuit, is centered on a 911°19'91"‘ tric bell. When the runner or auto- mobile crosses the beam the circuit is broken and another mark ap- pears on the ribbon. By subtract-BIB the first time notation from thfl second, the oiilclal arrives at the

accurate elapsed time o1 the racer-

ed and published in the English wogurs M081‘ ORIGINAL

DISAPPEARING .401‘ mpRENcE Italy, December 15.- ' . l Possibly 111° w°rlds most oflghil Gunman-mg act is performed da Y by a small lake at CallimB- m" hegveral times a day B mmbim‘ noise comes from the lake sail“; ‘heavy mist rises. When the ,,<,..,,.q p... wnhw H115 disaplmlled- Alter a short while, the mist ap- l" J1, again, the iumbiing is heard new md there is the 1'39 m“

VILLAGE GREEN SCHOOL

of November» GRADE X-l Deiite MHONBW- Mitchell Z Margaret Doyle. cmami viii-i Marion Smith 2 1m... Weatherbie a Robert Mliciw" 4 Orla Acorn. ORA-DE IV-l. Doris Weetherbic 9 uni-y Smith a mm Mitchell- GRADE 1-1 Alex MacNfilll- Perfect Attendance: chell, Robert Mitchell, Mabel M"- ehell, Marion Smith. Mari‘ 8mm‘- O. Helen Chandler-Phoebe!

Irene lvllt-.

_ (Canadian Press) MONTREAL, Que" Dgg,

15-—Egg prices declined while cheese

, quota- tntu prices iicid unchanged on thc Produce and dairy market hcre today.

British Columbia fresh eggs, in car- iots, lost from one to two cents‘ a dos- .en. Extras dropped one to two cents iat 40 to 41 cents while firsts at 35 cents and pallets at 30 cents a doren

were lioth off two cents. Carlot prices

of Ontario fresh extras were off one to two cents at 38 to 30 cents and {firsts and puilcta declined two cents

at J3 cents and 28 cents n dozen. 1-9.

Iiwctively. Storage extras, in carlots, iwere unchanged at 24 to 25 cents as were firsts at 22 to 23 cents and sec- onds at 10 to 20 cents a dozen. Quo- tations to rctnilcrs were steady and receipts were 1,000 cuscs.

Ontario cheese gained a quarter oi |iv ccnt at 01/, to 05K, cents a pound. ,l<:nrlicr‘scnson makes were quoted at 1: to 111/, cents a pound. There was [no Quchcc cheese on the market. Re- _cclpta were 520 boxes. | ho. 1 eastern townships pasteurized ‘butter, in carlots, was unchanged at -.. cents a pound. '1‘o retailers solids at 23 to 24 cents and prints at 24 to '35 W"!!! II bound were both firm. Itc- ceipts were 00 boxes.

'iiis potato market ruled steady. quotations per 80 pound bag hcing 35 to cents for Quebec ivhitos, 50 to 55 cents for Quebec green mollu- tnins and 55 to 00 cents for New llrunswick iirccn mountains.

COTTON

NEW YORK. N. Y., Dec. l5—Cotton futures closed steady; closing 1.1.1,; Jan. 600-07; Feb. 610: Mar. 020-27; 51"‘- 631" M" 046-47: June n54; July 01!: Aug. p11; sent. cs0; (m. can; 3"": 00o. Spot cioscd quiet. mid- Livcrpooi z-Cotton, spot quiet, 7'16" 1 Doiat hiIher to 4 points low- er. American middling, fair m3; gum R000 llllillllllll’ 50B; 300d middling 52R; strict middling 513; middling 50s; "Iflfi 1°" mifldiina s03: low middling 40d, strict ordinary 473; good 91'1"".

ary 443. - “Jiixmiiicggrre 28.000 biilcs including

SUGAR.

NEW YORK. N. Y., Dec. 13--l‘tr|\v lusnr Ms unchanaed today. Local rc- fincrs as n rule showed little iuicrost in lhe market, nitpoufl, n w,“ |,,._ 11"“! “my “will P“! the last paid i-rico or 3.10 fa,- gm", and 0"," m, haul 8-12 for lllsar in position to suit. imi the" w" “will! available iiolow .l.lu. The only hullngl- "pom," Wm, i‘; "P9701"! 11nd included 24.500 bugs p rulainh for Der-ember loading at 1.0. 1 l-"ii- 1| n. equal to about 3.15 or 3.11;

hi‘ ilhitiili-iiinie-lliered’ “d 90"“ M“ i "lcnt at 11.2.1. or ‘lurch to ‘m!’ "M" Approximate sales 3,950 “..., """‘°‘i 1-"5- Jlfl- 1-01. Mar. 1.11. .\ia_\- i.i4. July 1.10, Sept. 1.25. Du,- 1m ,,,'f§""°" f" “Mllflhled at 4.20 r... , ' "M" “W111i! trading limited . o nearby requirements only. ..__F-..___.€_

l“ W“ 1°“ b“- 30611 laid up?" | Sort or. I haven't p,” d“; m. three months."