Y s ERDA

MARKELGOSSIP

L, Cooley, Associated Press Financial Writer) YORK. June 20—Stocks swung erratically, today. chlorine trend with the dividend news ante from several important di- . s lilac-links. - result appeared to be s stand- ." (or the Dir-share composite closed hi,“ u, although rail averages QM,“ into new low ground. ids from dividend announcements, m], occurred to govern the market's ‘mm. There was another selection of r railroad earnings statements touring lfay operations, which was ‘o; ¢ntlreiy offset by the better move- geat of revenue freight in the week flrlitii June 18. Omission of Santa Ra's quarterly ‘gnbursement on its common shares, mg them off a paying basis for hpffirst time slnco 1000, was none hsless pleasant because it bad been flwted. What the market had gain- - Allied Cliralcars "rgular" more than lost when the news this important carrier came prices rallied again when Can surprised Wall Street

‘my John

1 p511’ ghoul

[r0111 out‘; but American

by voting the usual payment quarter- Iy of I1; Norfolk and Western re- duced to sn i8 basis from $10,

Santa Ra's common shares sold at 17%, tho lowest in this century, cloa- lng a point off" tho bottom for a net loss of 1%, Allied Chemical and Am- erican Can cach rallied three but had to give up part of their gains. U. S. Steel and American Telephone both touched new lows before steadylng, sad were negligibly changed at the close. Union Pacific and Chesapeake and Ohio ragged nearly a point. lVesti inghouse, whose directors meet for dividend action tomorrow, was fair- ly active although its range was nar- rower than recently, Coca Cola prQ. vlded one of tho outstanding weak spots, losing more than 2 net, The day's transactions totalled 820,745 shares.

\VIIA'I‘ TIIE STOCK MARKET DID:

Tue. 14‘: 194 150 481i

Mon. Number of advances .. .. ti’! Number of declines .. ,.. Stocks unchanged Total issues tradcd

307 137 511

Grain Market

WINNIPEG

iViNNiPEG, .‘l'une'28—(By the Can- adian Press)--Belated strength en- tered the Winnipeg wheat market to- “y and a last-hour buying rally car- ried futures prices out of fractional‘ tin-lines. setting up gains equally as small, Upward movement in the Chi- capo market provided the stimulus for the advance here,

July wheat closed 1,4, cent s bushel higher at 54 cents, October 5Q cent higher at 50% and December 5i, high- r at 58%. Buying was extremely ight except in the buoyant final our. The market opened lower and shoucd no sign of getting anywhere In particular until near the finish. iactlvlty was confined to a little spreading between here and Chicago sad some limited selling by small traders.

Slight improvement was notcd in demand for cash wheat. ntlliers, ship- pers and exporters picking up small lots, mostly 0.14, no, 1 hard and no. ii northern. Spreads generally were jam-hanged. Exporters wcrc in 'thc

rkct for dnrurns but only a small

bu. urns was done. ,.\r'tuai snlca of coarse grains were light, confined almost entirely to a (on cars of oats sold for domestic iisc. A flurry of bids for barley was under market values and holders rc- ulued their stocks,

CLOSE Izgeat: July 54; Oct, 50%; on}. July sax; Oct. 2am; if-"QB- Barley: July 3894; Oct, 5555A; Dec.

, .

Dec.

Dec.

q CASH PRICES

Wheat: No. 1 hard 54%; no. 1 nor. 81 to. 2 nor. 50%; no, 8 nor, 47%; an. i nor. 40%.; no. 5 431,5; no, ii 37; 1i~~i 35; track 54; no, 1 durum 73%: no 2 durum 07; no. 3 durum 51; no. i durum 44.

Hats: No. 2 C. ', 33%; no, .'l C. W. I ax. I feed 111%; no. 1 food 110%; a 2 fced 25%; rcjcctcd 24%; track

irlcy; No, 3 C. \V. 38%: no. 4 '. 3.1%; no 5 t"_ \\'. 34%; no ti L. ll’. 31%; track 38%,

CHICAGO

CHICAGO, June ‘ZS-Eniargcd spec- ulntlve buying whenever prices dip- .p~ni put considerable backbone into uhvat values today. A good deal of inotlce, with special attention given

the fact that so far this season ‘Galveston has received very little rain although harvesting has been Fa in Texas, for several weeks, Scat- rrrd selling of rye carried July de- Bn-rry of rye down to the lowest price lincc 1W5. - - _ , , , ,

Wheat’ closed firm 15-7; above yes- terday's finish corn unchanged to 1,5 iblgher oats» 344$ off. and provisions 1st 7 tyo 12 cents advance.

. - , .

v ‘uonban Nwnuar‘

- NEW YORK," June 28--Bonded ‘sheet cldsod quiet, Closing July 40;

F0 reivign Excliqnge

. MONTREAL. June 28—(Iiy the Can- illln Prune-British and foreign ex~ i ge in relation to the Canadian lr, as compiled by the Royal Bank Di Canada, closed today as follows: ~ Argentina, peso, 0.2082. - Australia. bound, aaorr, gsuatrla. schliiing, not quoted. gllelirlum, bsl a, 0.1502, Jlraall, mllue s,, 0.0872. Bulimia, lev, not quoted, China, Bong Kong dollars, not Quoted. Czechoslovakia, crown, 0.0340, Denmark, krone, 0.2245. Finland, finmark, 0.0107, France. franc, 0.0440, . Germany, rslchsmark, 0.2708. Great Britain, pound, 4.1244, GYPWP. drachma, not quoted. Holland. fiorln, 0,4010. Fiiirursry, pengo, not quoted. lndia, rupee, 0.3000, Mir. lire, o.oos2. Ilvnn. yen, onus, lugosiovls, dlnar, 0.0200, New Zsaland, pound, 3.1404. "Diver, krone, 0.2034, Poland. aioti, 2m, Ilonmanla, leu, 0.0070. South Africa, pound, 5.5125, 5011a, peseta, 0.0041 Sweden. krou 0.2110. Switzerland, franc, 0.22M, . United States, dollar, 14%, hemium. \ i IXCIIANGI

“WW YORK, June 28-—l'orelgn ex- vllih steady. Grest Britain 3.80%; Place 80S 8-15; Italy 5.08%; Belgium i. 3%: Germany 28.00; Canada 87.50,

percent

Mining Stocks

(Canadian Press) TORONTO, June 2B—-(iilning

3-15000 Ale! .. 7500 Arno .. .. 000 B lioliinger 7600 Bidgoorl 1500 Bunk liill . I50 It C Pioneer 1000 Canasta .. 510 (Jlericy 300 Ilnnic ... ... I100 Fbrlrige .. .. 400Granadn .. .. 580 lfollingcr . . 4200 Howey .. ... 5000 Kirk Lake .. 237 Lnitc Shore . 2500 Murassu 3000 iiiiiiartlc 200 ilfcintyre , , 200 iifin Corp ,.. i100 Moss .. .. .. 405 Nnrlinda , 4000 Olga Oil , .. 500 Petrol Oil 1000 Qucmorit 500 Sun Antonio 700 l-lherrltt . 11.10 Slaroe ... 23500 Stnilacoaa .'l.'l(i0 Sylvanito , 31110 '1‘ Hughes .. ‘I00 Vipand .. .. 1000 Wright Hur . Sliver .2111); Total sales 201,000 shares.

'15s

UNLIBTED

100B liilssourl ».. 450 C-itcsch . . . 5210 Eldorado . . 100 Hudson Bay . 805 N ickcl . , . . 0000 hfcLeod . . . - 30300 Pen Pate . 21.1 Roynllte 100 Ventures

1000 ‘Baldwin

i100 Bnhjn ,,, 1000 Cobalt 1000 Dom illxpl .. 500 Kirk Town _ 21.100 hinirnilic

500 lliayianrl .. 2000 \\'0od Kirk .

Fish Quotations

~ (Canadian Press) BOSTON, June 28-—Eigbtoen vessels arrived at. ‘the fish plcr hero today.

Inca Mill K Eli‘

ills

(Canadian Press) MONTREAL, June 20—Thera were 165 cattle, 246 calves- 070 hogs and 588 sheep and lambs for sale on the two Montreal livestock markets to- y, including about 120 cattle and 130 hogs held over,

A few sales made were around as to $2 00 for bulls.

A total of 260 cattle were at the yards for export in addition to seven cars to leave Thursday on the Man- chester producer -

Trading on calves was slow. Prices ranged from $1.75 to $4.60 with the bulk between $3 and 51,50.

Lambs were unsettled and easier, Fairly good average quality lambs brought between $1 and $7.50 with an odd top at $8. Sheep were not Wanted.

Hogs were firm at 84.75 to $4 for sr-lr-cis. Barons and butchers, fed and watered, Feeders were mostly 34,25 and sows were sold for 2.25 to $3.

Miscellaneous

(Canadian Press) MONTREAL, June 28—Barley Can- adian no. 3 .40; oats, Canadan no. 3 .40; oats, feed, no, 1 .30; flour, spring wheat patents, firsts 4,80; flour, sec- onds 4.20; flour, bakers 4.10; flour, winter whcat patents_ choice 2.55-2.00; flour, white corn 4,30; bran, ton 17.25; shorts, ton 18,25; middllngs, ton 2225; rolled oats, bag 00 lbs. 2.60; hay no. 2, per ton_ car lots 10.00; cheese, On- tarios 11055-00541; cheese, Qucbecs ,09\/;-.00l/4; butter, no. 1 finest, .1054- Jtli/J; eggs, fresh specials in cartons 27;, eggs, fresh extras in cartons . ; eggs, fresh firsts in cartons . ; potatoes, new Virginia no, 1 bl, 5.00; potatoes, South Carolina no. 2 hbl. 4.00; potatoes, Bermuda, crate 1,70; potatoes, local whites, per 80 lb. hag .30-.3.'l: potatoes, Que, and N. B. gig-on mountains, per 80 lb. bag ,35- .4 .

COTTON

NEIV YORK, Juno ‘ZS-Cotton fil- tures closed steady; closing bids: .lnn. 508-60; Feb. 570; Mar. 584: Apr. 500; ltiay 501-08: June; July 522-24; Aug. llfldySept. 537: Oct, 545-46; Nov. .' Dec, 500-01. Spot closed quiet; middling 535. Liverpool: Cotton, spot moderate business done. Prices 5 pouts highor AmerIcan middling, fair 5.88; stl c good middling 4.03; good middling 4.551; strict middling 4,48; middlinil‘ 4.43; strict low middling 4,83; low middling 4.28; strict ordinary 4.03} good ordirury 3.73, Receipts were 2,000 bales all Arn- erlcan. ~-

/ SUGAR

NEW-YORK, June 28-Raw sugar was easier today and prices declined 5 points under increased offerings, with last sales at 2,85.

The business reported included B0.- 000 bags of Cuban late yesterday to outport refiners at 2.00 for first half July shipment, while today 540,000 bags of Cuban sold from store at 2.88, 10,000 bags of Porto Iticnn for prompt shipment at 2,80 and 25,000 bags of Cuban for first half July ahlpmr-nt at 2.85 all to local refiners. Approximate sales 23.450 tons. Jilly closed J0, Sept. .80, Dec, .03, Jan. .04; Mar. .08: May 1.01,

Refined sugar was unchanged at 3.5m for fine granulated with good withdrawals but no new business.

The Montreal

WHOLESALE QUOTATIONS

cents per lb. to 8

Cusk ,.. . Swordfish Largo mackerel Lemon soles ... Gray soles ... . Halibut ,.. . . Flounders .

PRODUCE

(Canadian Press) ,

MONTREAL, June 28-liecelpts of eggs on the Montreal market was again heavy today, totalling 8,400 cases Despite the heavier volume, and a quieter demand, prices held steady, quotations on graded Ontarios or prairies, good quality, still being 2195c to 22c for extras, 1714c to 18c for firsts, and 15c to 1515c for sec- onds. Excrta not so good in quality are available as low as 21c.

On the butler market traders were generally waiting for the weekly auc- tion tomorrow at the hoard of trade, vrhen offerings will ‘be about boxes. The market was being quoted s llttie easier, the range of quota- tions being 1014c to 1014c per lb, which is l/‘c under the previous day. However, country boards gave little indication of ealrness, Rivier Du Loup, Qua, selling at 15 ll-lilc, and St, Pascal, Que, at 15c. Receipts wore 1.040 boxes, Jobbing houses were quoting small lots of retailers at 18c for solids and 19c for prints,

Receipts of cheese were also heavy. toialllall’ 0,737 boxes, Prices held un- changed. being ill/re to ilbgc for 0a-

tarlos and 01,41: to 01/40 for Quebccs. ___________. i

' (Canadian Press) NEW YORK, June ZO-The New York Federal Reserve Bank to-

‘ iiloss Mines .

1,100 u

Curb Market

(Canadian Press) High Low Close

45 40 40 8 8% 8% 13% 714i 0% 2 27

25 1305

m. as on "315 S70 3'40

Stocks Beauharnols A

British Amer Oil Do Stores .. .. imperial Oil ... Imp Tobacco . Int Utilities A . Lake Shore ,..

Naranda Sisvoc iilines Tcck Hughes ,..

Montreal Market Sirlelights

hIONTREAL, June 28—(By the Can- adian i'ress)—'.l‘hroe thousand shares of Unlliiflitlll Steel and Coal “ ' changed hands today on the Montreal Stock Exchange at the new low price of $1, off 1,4; this giving the list its only feature in a day of marking

are,

A slight drifting to lower levels vvls again noticeable, with -uins losses shown at the close against flvo gains. Bell Telephone broke two points whileShawinigan, National Steel Car and the bank issues were a shade

easier,

The interlisterl group was uiet with Canadian Pacific and Braall an Trac- tion unchanged and Nickel off . Montreal Power held an ndvanco of 14 and Jlllnnlpcg Electric also gained a littlg ground.

Bon trading was also reported ‘quiet and featureless with a fair de- mand for Dominion of Canada and Canadian National issues at unchang- ed prices. Bond sales were 237,042. Stock sales totalled 7,372 shares, Sterling closed at 34.1244 and Unit- ed States money at a premium of 14%

day reported receipt of 01.90939” in gold from Canada-

per cent,

NOW ‘DISCHARGING

One Carload Broken Muf fets for -- FOX FEED --

MUFFETTS (Whole wheat) is superio Contains abundance vitamin C. so essen A Product of-Quaker Oats Company.

s a... cnsncorrrnrowu

foxes.

WHOLESALE DISTRIBUTOR

ii. E. Mutoh .8100. lu.-lleBlois Bros. iii-

r because tial to healthy growth

irradiated.

, ___

rm: cnaawrrsrown GUARDIAN

‘t;

{-__

i.

Ill its Guv

y... privste

offices, w-rehorsscs, factories The revising of Company

Accounts, Jzc. The investigating of

Estates, and the Trusteeship

83 Upper Prince Street.

H. K. s. HEMMING ... ....

0r’ MONTREAL

cnunrnrn rusuo accormrawr 5 _- Member of "

oassnuuv socmrr or cosr accousranrs

Begs to announce that he ls opening s. branch office in

Charlottetown, and now oifers the services of himself sud

atafl for the following purposes:

The opening and closing of hooks of sooount. Audit . M . . ....

Utilltnraommerclsl and Financial Corporations, and for

The instituting of Cost Accounting and business systems for

By-laws and Minutes, and cou- suiting regarding other matters pertaining ion and Provincial Companies Acts.

Advising regarding Income Tax and Sales Tax returns. The appraisal of Plants, Stocks

urance Policy conditions. The Llquldnting of Limited Liability Companiu sud of

Reference is given by permission to the Managers of the

several Chartered Banks in Charlottetown. Temporary Address-for appointments

sclephonc 674.

4—

t Loos, 4

lug in Pllbiiu

and pm- ‘ practices. and shops.

to the Domin- Book

of Merchandise,

in Bankruptcy.

Charlottetown.

WESTERN GUARDIAN

—“’i‘0NY THE CONVICT” Malpeque tomorrow night.

0.0

-—LOOK OUT FOB. A NEW TRACK RECORD at Burnmerside inlay 1st, All the bearcats will be \ in action. Do not miss this racing. , 40253-28-31

l -rzar. English Disinfectant, the old reliable, sold at Brace's. 447-8-29-21. —SEE Till-I 222 TItOT AND PACE with King Spruce, Golden, ‘ The Wlllys and other fast ones in a real battle at Summerslde, July 1st. 4025-6-28-31

—FRESH CEMENT, in many ply. moisture proof paper sacks, sold at Bruce's. 4047-6-29-21.

—WIIEN MILKING THE COWS do not forget the Big Annual Tea at Bedeque Rink Wednesday, July 6. Come and meet your friends. Dinner on the table from 12 till 2

l 3934-8-25-27-20.

Montreal Stock Market

Quotations

(Canadian Press) Stocks High Low Close Abltibi P Papal‘ .

Bell Telephone .

B C Power A .. Can Car Foundry Can C Fdy Pfd Can Cement

Can Pacific , Cockshut Plow . Dryden Paper D0 Bridge .. ..... Do Steel Coal B ... Fraser Coys ... Hamilton Bridge c .- Holl Gold Mines ... Int Nickel ... .. Lake of Woods Massey Harris hfcCoii-Front Oil Mont. Power . Moat Pow 3% dcb Nat Breweries

Nat Steel Ca;- Penmans Ltd .. Power Corp ... Quebec Power .. Sbawlgigan . .. Sou Can Power Steel of Canada . .. Steel of Canada Pfd Winnipeg Elec .. ..

BANKS

Commerce . . . . Nova Scotia Royal . .

Stock Exchange

(Canadian Press) High Low Cinsc ' "/5 34% 35

331,4, 30% 4%

ii 75%

Stocks

Air Reduction as . American Can

Ana I<‘ Power;

,.. Anaconda Copper .. Atcbison .. ... Bendix Aviation . . Byers A M Can Pacific ... Case Tbrcsb Cmnwealth Sou Coca Cola .. .. .. Columbia Carbon .. Col Gas Elec .. Continental Can Corn Products . E I Dupont . ‘ Elec Auto-Lite Co .. Eicl: I" Light .. .- General Electric .. General Foods .. .. General Motors , .... lntl Harvester . Kennecott Copper Lambert Co lillss Kansas ... Montgomery Ward w Nash Motors .. .... New York Central .. North American . ... North Pacific . Paramount Pub , Radio Corp u R K

11V:

ltochurk , Pacific Railway Stand Brands Stand Go's Elec . Stand Oil of N J . Texas Co .. ,. Tex (inlf Sulphur

Tim Iloller Bear .... U Carb Carh

Union Pacific

United Corp .. United Gas imp ‘ii S lntl Alcohol ll S Steel Woolworth

Sears South South

..-

.. .. I." Co ..

Canadian Gov’t.. Bond Quotations

(Canadian Press) 5115-34 . 100 31 1

.

Ask 100% 105%

all/i

Canada Canada Canada Canada Canada pf Canada . Nat Ilya 4141-50 ... (‘an Nat Rys 456-55 . Can Nat Rye 5-54 5-H ..

Do of C Nat Serv 5-41 ...

SADNISS

The light natures can't stand ssdnsu. It spurs them, deprives them. of the paltry use they might otherwise have had. . . . But the strong natures can stand it. it braces and enriches them. . . .

Believe me, s11 the noblest thought,

New York Curb

(Canadian Press)

Stocks High Low Close Amer Cyanarnld B .. 2 Amer Super Pow Asso Gas Eiec A Cities Service Co Cord Corp .. .. Eiec Bond Share Gulf Oil Corp .. .. Ilum Oil Refia ... Imperial Oil Ltd .

int Petroleum .. Mid \Vest Utilities .. Niagara Hudson . .. Stand Oil of Indiana 18 Un Lt. Power A

Cancer Experts Favor X-Ray

MONTREAL, Jline 27—(By The

‘A Canadian Pressl-Vivid. mus-skiing

streaks of man-made 118111111118 strike death blows at cancerous cells in the laboratories of the Mon- treal Radium Institute. Dr. J. E. Gendreau, professor of physics at this University of _,Montreal and drector of the radium institute, claims that the new cancer treat- ment is less expensive than radium cures and has a. more curative et- feet.

scientists have . produced high voltage charges oi up to 10,000,000 units, Dr. Gendreaa said, but man- made ugnmlng of 3600.000 units or even 1,000,000 have been used suc- cessfully.

The more penetrating radiations of the higher voltages strike at the hear; of the cancer cells and

"5 commence the work of disintegra-

tion. These higher voltages enable expert radiologists to decompose the atom not only in its external electronic parts but at the very nucleus. These electric radiations are capable of modifying the vital state of the atom to such an extent that the most intimate cells are reached and affected by the treat- ment. The application of this prin- ciple in the treatment of cancer is realized with the destruction of cancerous cells while greatest care is exercised in avoiding the unst- tacked parts. '

And thus the electric wt, have much more chance in getting a solid hold on the cancerous cells with a higher voltage and more en- ergetic action of the electrical forc- es. To increase the strength and action of this therapeutic agent is simply to give more selection and increase the distance between can-

7" cerous and nonnel cells.

In the opinion of Dr. Gendreau, curative effects of gamma rays of radium and oosmlc radiations have been much exaggerated and their curative powers generally acknow- ledged in theory became almost null in practice. In other words, gamma ray; or cosmic radiations are insufficient to cure cancer.

EXPORTS OF AGRICULTURAL

PRODUCTS FROM CANADA TO THE UNITED STATES

A table is published in the forth- cooling issue of the Commercial In- teillgencs Journal which shows the exports from Canada to the United States of principal commodities such as are produced on Canadian farms or sre manufactured direct from such farm products, during the mouth of and for the eleven months ending May, 192i, 1030, 1931 and 1032, with the United States tariff rates in foroe during those periods.

noblest work, noblest friendship, is rooted and grounded in profound

sadness-Lucas Mslet.

and supper from 4 till 8. Tables set in the rink free from dust and sun. 4042-6-29-21.

—1S1.AND GRAVEL ON THE ROADS-Four carloads of gravel from gravel pits at. St. Louis in the western part of the Province pass- ed through Summenslde on Monday for Freetown, where it is to be used in making up the road. Judging by its appearance it is of an excel- lent quality and should make o. good hard surface. The using of this gravel by the Department of Public Works is no doubt reliev- ing the unemployment sltuation to some extent.—S.

—DEATH 0F WILLIAM CAIRNS —The death occurred on Saturday at his home in Freetown of Mr. William Calms, after a, lingering illness at the age of 67 year's. Mr. Calms was born in Freetown and resided there all his life. He was a very prosperous farmer and very highly esteemed by s. large circle of friends. Although not prominent in public affairs, he kept himself very well informed on the current issues of the clay and was most in- teresting to talk to. He, will be much missed by his friends who en- joyed many pleasant evenings m his