salt-gigs!‘ *‘

, STO,

Stocks Level Off In Late Rally In N.Y.

(liy Frank MacMlllcn. Anocistcd Press Financial Writer)

NEW YORK. Oct. 3—Wali Street took s. grip on its war-tangled nerves today. The stock market dipped initially. held, and then staged a good rally.

A number of active lzaues in the share list ended with gains oi i to 2 points or so, while commod- ities, eagerly bought Wednesday, were today mostly mildly reaction-

al-y.

The actuality of armed conflict abroad apparently proved less dis- concerting than had its prospect. It was noted that the beginning of hostilities had not brought with it the flood of foreign selling feared.

A .0 of a point advance was registered by the Associated Press average of ‘60 stocks. at 47.8. The indllstrials n-nd utilities did beet, with rails still lagging on fears as to the financial fate of some of the weaker carriers. Dealings in the stock exchange, quite sctiveat the opening of trading on slightly lower prices, quickly settled down to s. calm pace as stocks began to retrace a fair proportion of Wed- nesdays losses. Turnover was i,- 4911180 shares. ,

The. bond market gave a less positive performsnw than equities. Some individual issues, especially secondary rails, showed good gains. and Italy 7's retrieved early losses to end unchanged, while some It» allan loans showed modest gains. U. S. Government obligations, with a few exceptions, showed fair im provement. '

Columbia Gas was a i lZUIQ'OI the lower-priced issues wi a rise of 1 1-2 points at 12 l-Bon good volume. as directors declared a dividend of 20 cents on the com- mon stock, the first since May 18, 1934-

Some oi the active shares which lifted 1 to 2 points or so included Westinghouse at 75, AmericanCu-n at 140 1-2, Chrysler at .71 8-6, Bethlehem at 38 1-4, Consolidated Gas at 27 1-4. Sears st 54 3-4and New York Central at 21 1-4.

‘ Canadian shares made a fairly A

good recovery after yesterday's slump. McIntyre-Porcupine picked up a point while Canadian Pacific. Intematicnal Nickel, Dome Mime. Distillers-Seagrams, Hiram Walk- er and Ford oi Canada showed

fraction a1 improvement. Inks Shore was a little lowcr. What Stocks Did

Thu. Wed. Advances .395 48 Declines . 314 713 Unchanged 168 86 Total issues 77‘! 042

Mm. CURB

(Supplied lay Pltficld and Co. hims- llera of Montreal Stock Exchange)

stock-l Oren h" n A on . . is 1m Dls ti"... .. . . m; it lulp on . . 12% 18% lull-r Pct . . as ms lilclchers A 8 3 a Currencies . _._.. (Canadian Pr!!!)

‘.\iO.\"l‘Rl-IAL. £l—Bl‘0lri Id- vnln-l-s wcrc recorded on Montreal for- l-lgn cxchllulzc indcy- Tl" 0°11" sLL-rllnl! Julupcd V/k 09ml l0 $4199 1 iii llnd tllc United States dollar rose lit-ti: of onc pcr cont at 1% per cent prcilliulu. Tine FFPINSlJ franc was 1117 .011 of n l-vnt ni (1.71 conic.

NEW YORK, Oct. Ii-Tllc Clllltllllfl dollar lonchcll n now 10w r ' e yl-rlr ill the foreign exchange markets loilill‘.

'l‘llu Dominion dollar closed at a discount of 17,, pcr cont as against l 17-24‘: 1.1-.- ("Fill ycsierdfli- The previous luw fol- thl: yrn! ‘AD '- Pl! pvr l-cnl.

Stl-rling ruled slightly highcr, ihs pnnnll rloillug nt $4 00 for a not gain of H‘, of a cent. Thc Front-h franc. Musing n1 11581.4 cc-nis. showed a loll of 00% of n ccnt.

EXCHANGE

__--._. MONTREAL. 01-1. fi-Brliilh lilil fllrrign exchange in relation to the (‘nnllliian dollar an l-olnpiietl by the ltoynl Blink of Canada closed today as fnlIll\va:-- Argonilnn pun 2802. Anatrnlin pound 311840. ilclginul llcigll i121. llrnzll lnllrcis .0144. ‘ Bulgaria lev .0141. 'i‘hlnll, [long Kong dollars .8121). (‘zl-l-hoalnrllkia, crown .0422. ‘ in-nmnrk krone .2230. Finland flnluark W22. Frnncc frullr , . ilrrlnnny relehslnnl-k .4000 (in-u! Brltnln pound 4.0006. linllnnll florln .0084. iinngnry pcngo 820i. Indiu rlspco 3177. Jnpnn ycn 2029. New Zclllnlnl pound Nnrrvny krona ‘Z308 Poillnll aloii .10‘. Xtoumllnln lou .0000, South Africa pound 4 IBM. Rrsin pellctll .1301 Hn-lvlsn krone 2515 Switzerland franc .. Pulled Staten dollar yrclninm. (Canadian Pro l (‘Inning aarhsnrre- rates.-

4 .0347

ii. l T-S N! flit

At )lnnfren|—I'0l|n. 400 L10; U. l. dollar Loili- franc 0,71.

At New roll-ravine 4m: call- adian dollar 08', franc 8. . ‘

At Parts-Pound 14.4i_fr: nad n dollar 14.07 fr; U. S. dollar 15.1 francs.

in gold-Pound 12l- Canadian dol- Ill ram rcnls: u. s. Joliar our 0011111. ' .

Ttronto and kfontrenl-vllldllltflll ‘ lincfzl hlghet».

'l‘ornnto hflnewlhrrowl hill"- New York-Stocks cioleg- l her. wvlnnlpl-g-avllelt u» M to i, New Ynrk-(‘ntton lower; _ro_lm. coffee and auger hillfl- -

‘while Falconbrldge held 4 05.

l

Mlv. Stock lfikchangey

»

(llppliid by Pllfileid and Co. Mem- bers ‘of Montreal Stock Exchange)

Stocks . Open ha! Bell Tel ... ... ....120¥l 1201/, Brlliilln . . ... 7% 1% B C. Pow A 24 Dom‘ Steel 11% (‘an (‘cmeni . 51,5, Can Ind Al A 71/5 Can Pac R i) Dom Br . . . . . . . .. 28% imp Tob l2. Int Nickel 301,5 McCall Front 12 Mont Pr 30% Nat Brew" 34% Nat- Steel (‘cpl 121/, Power Corp .. 71,4, Rhavrirligsn . i014 B0 (“an pr . l2 Steel o! Can . . . . . . . .. 48 . . s: m4 Bk oi‘ N. S 248 ‘.147 Bk of Mil .. 163 153 Royal Bk 13314 Can Bk of Com. . 182 ' (Canadian Press) TORONTO. on. 3—Selllng in the

rket, which developed on Wcdn y with commencement of hostilities in Ethiopia, flattened out today and in the last half of the session a creeping advance -as ltagerl-The close was around he day's heat. prices. Both the gold and miscellaneous mines indices regist- ered narrow gains.

.Prlcel dipped mildly at the 00611108 sud then began a recovery movement. the gold issues figuring actively in the up .trend..1’ickle Crow gut bark l-ff cents of Wedhesdayh loss, liacnssll and Little Long Lac gained 10 to ll cents each, Central Patricia and 0042a lLake 8 cents each, Mcwattcrs ‘fund I Coulagaa. 11..

‘A ellernl advance in the London metal market brought supportlto the ban mletsl shares and thr- cloning tone was stron . Norsnlla chalked up rgaln" of iAhgllcrrltt added 2 cents. steady st

ffililllll

- a I (CIanaglIan rl-m) roaouro, Oct. a-

Ilotkl 91°"

Gabrielle . Gods Lake Goldals

hlcKcnsle oichillian . .\I~‘\'l'l.iic ‘. . . sir-Walters .. .. 142 14in Corp . . . 110 \forrla 0.1 hlpissing 21s Norandll 38% pin M . 2 ayma er. 221/.

Pet Cob .. 2 Prl-ron . .. no Plck-Cro . IVIIBT5

Tovraginac . " Trcadwcll .. .. Ventures .. ..

"a sum *' "LOANQ ro anollsaa

mmsalnovrort-voat. s-lmla- clnnoeuritios to brokers and uonlege bold b weekly reporting mrmln-r m» In New for! (‘lty amounted to III. .030 during the w»): cml ed Oct." ‘an increase o 121000000 jfpreigfw . The loans or the week m4 0e! , i004 were $000,000.00"-

_.._-.§-i——— ' 1 O- P. l- ‘IIVIIUIS

‘ ' . t. s-. C.P.)—Ea - lgrgqglttnfle‘ naglan Plcllflc Railwlafly f Iv weak ondlu Oct. allowed qn in- " ,9! [l ,000 our the correl- ‘weck l Your an. it "II "P may. liarnings for the wrck

- todl Jllioilllild to 84.811410) t

AQ-l rgorflnq w h $381,000 last year.

catamaran 10- Iialdllfl P \‘ I

Mo rk ets A t Glance

... .___. l llnadlan Prsn)

.\l.ll' illiiK, Oct. il-Foreign ex- change Fill)’. Great. Bl-ltsin high 4.00 54; luw 4.00; l-ioec 4.8903; 00 day hill! LMQZg; Franci- 6.58%: Italy 8.14: Belglnnl 10.88%; (lcrmany 40,22; Call- ada 081,4.-

Miscellaneous

(Canadian Press)

MONTREAL, Ucl, 3- Wheut, northern no . 81.00. Barley, (‘unndlan western no 8 44. Oats, feed no 1 38.

“Kauai: spring wheat patents, firsts

.»

Flour seconds $0.60.

Flour bakers $5.30,

Flour winter when; patents, choice $4 l0 l0 $4.20.

Fioul- whltc corn $5.00. \ '

Bran tun $20 25.

Shorts toll $21.15.

lillfldllngs toll 3% 25. ,

Rolled outs llilg 0O‘ lbs $3.06.

l-lny no 2 per ton carluts 810.00 to $11.01).

(‘heeso uo 1 Ont 127,}, lo 131,5.

(fllevso no 1 Que 12% to 12%.

liui-icr null 23.

Eggs fresh specials in cartons A 1 large 43.

Eggs A 1 medium 41

Eggs A large 87,

Eggs A lncdiuln 35.

Eggs A ilullcts 33.

l-iggs B large 30.

Eggs l! uledluru 28. Eggs L‘ 25, Potatocs N B mts S0’! 70-80. Que .\lts 80's 70-75. Que ilo 2 cohblcrs 80's 45-60

PRODUCE

(Canadian Press)

1f0NTIlEAL. Oct. 3—Produce mar- kctu were siclldy to firlunr hold to- llny, Buttl-r nud potatoes were lln- l-llnllgod wllllo eggs and cheese firm- ed narrowly.

No 1 Ontario cheese brought 121/, to 13% cents a pound with no 1 Que- llco llt. 12% to 12% cents.

lirndcd shipments of eggs lb car- lnis or less brought 32 to 33 cents a dozen fnr A-lurgc. .70 to Ill cents for- é-mcdiunl, 241/; to 25 for B and 21 for

Butter again brought 23 cents a pound fonno 1 grade while small lot; in retailers sold at 25 for lolids and 20 for prints.

Potatoes were 75 to 80 cent; for New Brunswick mountains, 10 to 75 for Qucbcc mountains and 50 to 00 fur no 2 Quebec cobblers, all in so. pound llrlgs.

BUT PERHAPS OUR- BRAIN ISN'T QUITE NORMAL ANYWAY

Ol-HCAGO. Oct. 3 — Clamp l. clothes pin over your nose and try to repeat the Lord's prayer. If the words come without difficulty. if you can think clearly despite phys- ical discomfort; your brain is not normal, according l!) a theory pre- sented to the American Association of Oriflclal Surgeons by Dr. W. A. Guild of Chicago.

An aching tooth. a pet’ corn or a touchy liver may cause melan- cholia, hysteria and brainstorms, Dr. Guild said.

"The brain." he pointed out. “is nothing but a hunk oi meat. I." it fails to receive its share of blood. it becomes sickly and af- fects one's thinking. That's why some people can think more clear- ly under the influence of liquor, tobacco or coffee. That accounts for Poe. De Quincy and others.

"But what is one man's meat is anothers poison. Just as fish or strawberries give some people hives. so liquor, caffein. narcotics and tobacco have different effects on different people."

SIIE SWALLOWS LIVE i SNAKE BY ACCIDENT

JASSY. Rumania, Oct. 3—Mid- die-aged, stout Mrs. O‘ga Farascu, who went for her summer holidays in the picturesque village of Uri- osni in Moldavia, is recovering today from the rather gruesome experience of swalk Hing a live snake.

After a rather heavy rural din- ner, she stretched herself on the grass and fell into a comfortable doze. Unfortunately Mrs. Forascu suffers from adenoids and kept her mouth widely open during her siesta. A little black domEstio snake seemingly W85 attracted by the unusual cavity; anyway it crept into it. When Mrr. Forascu was awakened by a. strange cold lump in her throat. she gave a

THE CHARLOTTETOWN 'GUARDIAN’ '

TA IONS

Late yRally Overcomes ' Early Losses

(C. P. By Guardian's Special Wire)

MONTREAL, Oct. Ii-Early weak- ness was ov on the Montreal Stock lhrchange today and values strengthened as a. barrage of sell- ing orders decreased shortly after the opening.

Leaders in the recovery were former market leaders such as In- ternational Nickel. Montreal Power and National Breweries. Broadest losses were again shown by a few specialties making their initial ap- pearance in several weeks.

International Paper and Power Company and subsidiary compan- ies wss discounted by traders and the issue failed to appear in board lots

National Breweries led the recov- ery with an advance of 3-4 at 34 3-4 while International Nickel over- came an early loss to sell up i-4 at 30 1-3 and Montreal Power firmed l-2 at 30 1-2. Liquor; were also fairly strong in active turn- over.

Building products touched a new low with a loss of 2 points at 26 and Tuckett‘s preferred showed a like decline at 141. Penmans pre- ferred dropped 5 points at 110 and St. Lawrence Flour was off 2 i-2 at 32 1-2. '

Total sales were 14,773; bonds $22,800.

N. Y. Stock Exchange a

(Supplied by Piifleid and Co. Mem- hers of Montreal Stock Exchange)

Stocks Laat Am For Pr -- 0% Am For Pr i‘fd 28% ‘Am Waterworks 15% Am (‘an 1401/, Am Rad . . . . .. 153/, ' Aln Tel 'loi . . 131W; Anaconda .. 2% Auburn any, Atchlscn 45% Bait Ohio 13% Bcn Arlatiun 21% Beth Steel 35% Case .. 79% (‘llryllicr , . 71% Coll Gus 31% Elec Allin 1.1; 30-}; Elcc Bond . - 11% Gen l-lloc .. 32 Gen Mot . .. 45 Gr Nor l‘t'li .. 33 lnt T and l‘ g Kellenooll 241,5 Mont Xlllll \\':lr<l . 31b; Nlzlg Hull i'r 71,; N Y (‘on 31% Paramount. .. 19% Radio 7% 17 42 Vanadium . f?‘ Wcstlngnousl- 15 Describes Under

(BY Tile Canadian Press)

BORDEN. P. E. I.. Oct. 3-way WW5 B80 A. P. Cerettl, a bright- eyed Milan youth. dreamed dreams 0f deep-sea diving. of reclaiming fabulous treasures from the ocean- 11001‘. of saving lives from storm- punctuled liners.

Today. reclining in the rotunda of his hotel in Borden. Ceretti, mflbef-dlvel‘. saw in retrospect his adventurous life, which in a large measure fulfilled the desires or the impatient Italian boy who rm away from home in answer to the call 0f the sea.

‘Trained at the Italian naval div- ing school at Spczia he is known to be, even today. one o: the clev- crest submazinc workers toiling in North American waters.

‘Illere were times in his 44 years “under the sea" that he came near death, trapped by falling rocks. He has twted the sal: in every climate. His adventures took him to Aus- tralia wlfere he sought pearis on the ocean floor. to Chili where with other seamen he saved lives. to search for treasures in sunken ship".

Hendershot - Haslam Wedding

On Sept. 18th one of the loveliest w "‘ in recent years was sol- elnnlaed at the Harrow United _Church. 'I‘l'le bride was Miss Kath- leen Julia, only daughter of Mr. and Mrs. Charles l-fendcrshot. and the groom was Robert Haslsm. tobacco specialist at the Dominion Experimental Farm. both promin- ent young people of this vicinity, and we do not know anyone in lycent years who were followed by such general. good wishes of the 001111111111"? as Mr. l-Iaslam and his bride. The church looked lovely decorated with palms, ferns and baskets of fall flowers, the colors of bronze and yellow predominat. lug. The wedding party proceeded up the aisle to the strains of Men- delssohn's Wedding March, played on the organ by Helen Clark. Dur- ing the service, Miss Nora Conk- lin, of 'I‘oronto, sang in lovely voice. “Becausefl The bride's nat- ural attractiveness was enhanced with a beautiful white satin gown en trsin- She wore a long bridal veil and carried a bouquet of lilies. Her maid of honor was Miss Mild- red Conklin. of Kingsvllle. wearing golden brown net with brown vel- vet hat and carrying a bouquet of Talisman roses. Little Shirley Hen- dershot. of London. was the flower girl. The groomsman was Charles Darby. The ushers were H. R. Hendershot. and Floyd Haslam, brothers of the bride and groom respectively. The bride's brother, Rev. Dr. H. B. Hendershot, of By- ron, had the honor of" reading the marriage ceremony. and he was assisted by Rev. Gordon W. Butt, pastor of the church. Afterwards the bridal party drove to the home of Warren Hendershot, another brother of the bride, where a re- ception was held and dinner served. Later Mr. and Mrs. Haslam left on a motor trip to Prince Ed- ward Island. which is the home of his parents. the bride travelling in a burgundy suit with black acces- sories. The whole affair was one of great interest locally and the guests included friends from Lon- don, Delhi. Walkerville. Harrow and other places. Miss Hendershot has sreatlv endeared herself. to a large circle oi friends in this vicin- ity during the two years she has been a. resident here, while Mr- Haslam. who is a graduate of McDonald College. MoGill Uni- versity, has been associated‘ with the Dominion Experimental Farm for ten years, is a. young man of outstanding personality and ability who also has a great host of friends who wish them both well. Upon their return they will take up their residence in Harrow.- Amherstburg Echo.

found a clergyman half-seated at a table with a piece of steak on a. fork. evidently just about to eat it when the accident occurred.’

While working at Quebec to raise a locomotive from 80 feet of water he had a harrowing experi- ence when his foot became caught at the river bottom. For four and a half hours he struggled to get clear while the surface workers be- lieved they had seen the last of the 10111180111 dlver- As usual Ceretti bobbed up. safe and smiling.

At Snake Creek, outside Ottawa, he fell into s. crevice and became jammed. caught by both feet. But he pried loose, leaving his heavy shoes at the bottom of the river.

He has played his part in rescu- ing a comrade. too. Ceretti. will never forget an emergency he faced at Smooth R/UCk Tails. Ont. Aimee La Pointe. another diver, engaged 50 feet below the surface was in deadly peril when a heavy steel rail toppled into tlhe water and pinned him helplessly in the mud- dy depths. Receiving the frantic signal {or assistance, Ceretti don- 118d his diving togs and descended in fIve minutes to remove the rail.

Just the other day the Milan- born master-diver. now an hotel proprietor and leading citizen of Borden. was working at Grand Narrows, Cape Breton, where "the perch were so thick and curious I could not drive a nail without hit- ting one."

Inspired By Julrs verl-e

A man of unusual ability. Mr. Ceretti is highly regarded in this port. The Canadian National Rail- ways value hls scrvicos as master- diver and his advice on marine

of.’ Madagascar while sharks and octopus looked aikacce at the dare- devil diver.

glllp that sent the snake sliding

down her esophagus.

Mad with terror and pain. she was brought to the hospital. No- body believed her tale until X-rays were made.

A difficult operation was per- formed and the snake was extract- ed. still alive. _

Mrs. Forascu is now doing we‘l.

CREDIT UNIONS OI‘ IIELP TO WORKER/S

(By The Canadian Press)

HALIFAX. Oct. ii-Nova Scotia's 42 credit unions do business of $200,000 yearly, Prof. A. B. c- Donald of St. Francis Xavier i- versltys extension department de- clared here as he started off a ssr- ies of lectuwes before the District Trades and Labor Council's winter “labor college."

Through the unions. he told the laborer-ltudentz. workmen set up ell-operative hanks from which they can borrow st low interact rates. One of their most valuable 51¢.‘ 1- in avoiding the hfgll cost of instalment buying.

rsuuvn son slim _ slunos TIIIOWN 1N

VANCOUVER, Oct. s-For sale; one island. in excellent condition. The City oi Vancouver ha; an ir- lalld on its hands, and is looking f0: g, plcsprcilve buyer. As an in- ducement. thz- city will build a bridge from the mainland to the land. ll the price is right-

o

Reflecting on his many narrow escapes, Cerettl smiled: "I have Just been plain lucky—a lucky dog."

But although fate has dealt kindly with the father. it struck _a cruel blow at his son. His lad Leo was killed six years ago, when he was struck by the boom of a derrick and knocked into the water at Borden. With oil-skins and rub- ber boots encumbcring him. anoth- er son George plunged in to save the struggling lad. f-ie was brought ashore but the blow from the der- rick proved fatal.

True to the pride of Cerettl, the last words on the lips of the lad were: “Thank God I did mt drown anyway."

Probably Cerettfs most exciting episodes were in inland Can- adian waters. In the service of Canadian railways. he has wet his diving suit at hundreds or towns and villages from the Atlantic to the Pacific.

Once Trapped Underwater

From the crowded expericrcss of these years the master-diver scl- ected several which left a deep im- prelvion on his memory. Most vivid or all was the Spanish River train wreck in Ontazlo in i911. A sec- ond-clus coach and a diner crash- ed through the bridge and were lubmerzcd in the water far bvlcw. carrying 78 parscngcrs to their