I Mining ‘.- wansdian Press) ToiiONTO- N“

sale, stock

AP Cqnd... . Q0 Am l-Plf 9r H Aui Ykliile 45450 MEI“ Cd" i5200 Aimf 22100 A109"? Armistice |550 Ashlctl \_~inri.'i 422% itlluiitic Oil 459i) Athonii AIIIIEIIF‘ 3-0 Bk 0i Mon in Bk vi D's. 10 Bk of ‘iol 32350 Butt- Mot 7f, Bi-gloiiilt‘ l. . ilvtililti p“, mn . u Q5, ,1 i . Jgg Ciiliiihin .. 5900 (fliimmit 3m Cnnxpln-‘II m] W; _-.| i mu ‘tin; Min Ill"‘\\' U.) ijiriiioii tins Twill 45500 Cent Led 500C911! Pait . ilcs .

2101i 1W1

‘ .111. ¥.1"‘\"I\ . 1501i Ilw 10* i‘

[l5 l") 1

1.30 Don;

.~i . _ no Inn-i Inftliiu‘ ..

_pnrked the market \vith strong .22 at 27.86; titilities up .1 at 74.2; sins. lndustriais up .6 at 130.9; papers up Base metals and golds hooked in- 4.40 at 342.43 and golds up .35 at to the upward trend late in the 59-00- 2500 Newnorth 04 g _ 25500 N... N... _ .. Montreal Exchange 3W’ m“ "" 4000 New Rouyn g5(10i';.»ii!~-:.~~t . 4500 Nib r150 than .\I.m . 64000 Nmwlsbi‘ ’ Abitibl i000 unhiiuzi _ 600 Nmpisslng Bldgs Pro $500 uz-iiixiie 205 Noranda Bruck Silk Hulk ' 21 2500 Norgoid Ben Tel i600 i . nra .. 63 n50 Norman] Can Brew 5500 Hichuthni 12 1-4 14000 Nor ick Baqhm-St m» IIi-Illiht 11 1-2 7500 Norseman" Can Cement 0514 liornc Uil 13 1-4 8km 0km“ can Pacific 9009 WW0 13 2500 oLem. Ceianese . 20o liud l3:i_v 5e 1s 6m Omnufags Can Car Found [Z000 Illicit Dial 06 1-8 2450 Oslsko can C5]- Pfd 3'3 11H.“ Bk 28 2500 Osulflké" Can Steam . 630 luv Nnk 35 3-8 27375 P“ Pete Con Paper 5200 Int i‘: u 46 2500 Do R's Cockshutt i000 .1 1 ‘ 04 3'85.) Pnmour ' ‘Can Vickers . 1J0) .l»~i 12 5-8 2300 Pen Rey‘ Dom Bridge i800 Joint 44 1-2 115400 Plccadm ' Dom Coal Pfd 37°“ “TD” T‘ e00 Pickle claw 9°“ A ~ - m0 hf“ n 3" 800 Preston DIS Se“ mo‘) h" 1 Lad 200 Pioneer "M" Dom St B . i700] Iniitc 117 3900 Que Lab‘ Drydnn _ "IOU Igiluiiiltii" __ 5T5 1000 Que Man Fraser _ I000 l. IMIIAIIIL .. 112 740 Quemont 18 Ford A 5100 I. Iloihtii 0G 1-2 2500 . ' Fgundn _ , , _ Z65 Luke Shore 10 1-8 23000 1 Gen St Wares . 1001-" “we 500 '2 How Smith A‘ ' 1500 Ham Bridge . 225 L8 l-lir Walkcr . 6000 Roybar Can Ind Al . T500 Rupununi 34 l"! bggkel 300 San Ant Imp Pele " 1500 Senator Int Power _

. Int Paper . n23 1m» M - " I l ' ' ‘ 4200 Siscoe ‘ B C Pow? .6011 Minion _ 220 700 S rm A, Con Smelt. . 3500 Mai oi 17g 17455 slice 3R; Lake wood, #0 Iiitii1t§rc 5Q 1.2 400;) sud pcom 34 Massey Har . "e10 Iiiritvnzie 33 7m sumv McCall Front 22°“ “M-"l-i" 0e 1 Nat st Cili‘ .. sum M... “m, o 00 Syivanite _ » 07 1-.. 120 _ Can Noi Pfd 111 M... UH,” n . 0 Tack Hu . Norunda 13439 310mg,“ , 11000 Thom Lund . Price Bro‘;

NQVEMBER _z1,_,194s,__ . ___,___ _

15 l5

7;... 1.0....

Do you require a

Dental and Hospital Expenses?

Avpiv to noarlsl bland! of

0F DDMMEIIDE

— Low Rates -

I Siiiiilil, IIIINVI

Inquire lot Iiiilllll essmv- l‘ ‘“‘°““

PEIISDIIAL LDAII

hm“! Pllyment of Medical,

IIIE DIIIADIAI IIAIK

MWMY Dlnoiln provide for tIpaymInI.

(Ml, (a, l/lmm/ Servitr .11‘ "ilitullil all tutti

Bank oi 1"“ w”

142 Richmond sum - c

soups and stocks

BOUGHT — BOLD — QUOTED

F. J. BRENNAN £6 O0. LTD.

Members Investment Dealers‘ Aoaoaiatloa of Canada B. M. BAGNALL — Manager

Saint John, Moaoton, hederioton. Halifax. Sydney

iottetown — telephone i410

day after dropping to an 8-month lo\v on Wednesday.

ture of small gains and losses. most oI them a point or less. Many ls- sues nervously moved back and forth between the plus and minus columns.

to put muny issues at their low prices for the year. Ninety-nine issues established new lows. Moderate activity Turnover amounted

19100 m,‘ shares. compared with 1.290.000

i?“ _f‘ W \Vcdnesday. MONTREAL. Nov. 26—(CP)—A Elm (I V‘ ‘(Him The Associated Press average of fractional upward movement by Mimi ‘I? Qmi,“ 60 stocks remained at 63.4. selected iridustriais was in evi- "'“"‘ I ‘_ ‘It. American \\’oollen with a loss of deuce at the close of trading 0n 31:“ _ 110,0 3 3-8. was one of the hardest hit the Montreal Stock Exchange and Din‘ H] issues. Brokerage quarters linked Curb Market today. The majority by)‘ " ' the drop with a report that .the of gains were minor fractions as

United States quartermaster

army.

At Toronto TORONTO, Nov. Western oils stampeded ahead

Trading was well over the 2,000.

New York Stocks Halt Decline; Western Oils Advance At Toronto

NEW YORK. Nov. 26- (AP)—- The stock market made a stand to-

The result was a thorough mix-

Fractional declines were enough

developed. to 1.040.000

had~ returnr-d unopened a company bid on cloth for winter overcats for the

26 -- (GP)- to the highest figure on the Toronto Stock Exchange index since 1937.

GOO-mark as the western oils group

session and showed some good ad- vances. ’ ,

Western oils opened briskly with eight issues touching new highs. There wasn't n single loser at. the close. Home Oil was ahead 7-8 at l3 1-4 and hit a new high at l3 3-8. Anglo-Canadian added 33 cents, Calgary and Edmonton 55 cents and Atlantic Oil gained 30 cents in the brisk upward swing. The group chalked up five-point gain on the index to show {IQ best prices in 11 years.

At Montreal

only two issues added as much as a point. Trading was fairly active and seven stocks had turnovers ex- ceeding LOOO shares each.

Mines were ahead in a narrow list as trading was active.

Industrial sales wore approxi- mately 44500 shares, an increase of 13,300 shares over the previous clay. Mines totalled 361,100 shares, an in- crease of 172,400 shares from yes- - terday. Closing averages had banks up

6426 Sherritt

7000 Thurbois . 6500 Torbit . .._ 9800 Tran Res 1400 Un Keno . 11500 United Oil

900 Upp Can 1475 \Vuitc

800 \'Vright Hat‘ 2040 Yknife B

2000 Ymir .

CURB 11400 Dalhouslc . 45 5700 Foothills 70 1800 Pend Ore . 585

Total sales 2.139.000‘.

New York Exchange

Anaconda

RELIEF of KIDDIES‘

DIIEST DDLDS

‘ chow-W‘ o a i’, IIIASIIIOIISAIDSOIIOIIIIS i Cbsrlottamwuyhvll w ,1 IOIIIG 001L111’! _' I us: mm: nus eie

1-2

34 53'- No Wllel movements today.

Am Car F 26 3-4 ' 150th st . . :12 7-8 NI Central 12 5.3 _.___ Cites Ohio 33 1-3 WINNIPEG, Nov. 25 —(CPl- Con Edison . 22 1-8 Oats and barley futures prices E19“ Alli° U10 40 1-2 moved rather narrowly on the Win- GP" El" -»- 37 nipcg Grain Exchange today. The GP" Illowrs 57 3-4 session saw moderately active Gt Nor Pfd 42 8-8 buying, Sid o“ NJ 72 1-4 Outs were supported by mills Kcnnecott .. 53 1-4 and American houses with proces- M°m Iv“ 55 sors taking barley. Shippers North Am 15 1-8 bought both grains. Offerings were Phil Pele 53 1-4 slightly more liberal, especially at U S Rubber 39 1-2 high pglnls, RMIU‘ Cm!‘ 11 3-4 Announcement was made of the T9,"!!! C0111 53 l-S following allocations of wheat: Wile“ All‘ - 24 H! United Kingdom, 800.000 bushels: v5“ All‘ 19 1-2 Eire and Norway. BBCII 350.000 we“ m“ 24 5~3 bushels. WestjJnIon 3-4 Cash prices: U 5 W“ -- Oafii: No 2 cw and ex a cw a2 "‘ 1-2: 3 CW 82; ex 1 feed 81; no 1 BANKS feed 80 1-2; 2 feed 75; no 3 feed 72C {$86k BO 1-2. c°mmer¢e Bani-y: n» 1 and 2 cw 6-row 1.34 Montreal 3-4; 1 and 2 CW 2-row 1.11 3-4; 3 "W" Smile ~- cw G-row 1.24 s4; 1 feed 1.09 a4; R°WI 3'1"" 2 feed 1.09 1-2; a ma 1.0a 1-4; 2

For Swift, Safe, Oontla

Quebec Power Shawinigan . St Law . St Law 1st Pfd

St Law 2nd PM 15 Dom Text 11 7-8 Dom Tar . 23 Wpg Eiec A . 29 3-4 St of Can 81 3-4 Brazilian 18 7-8

siiireiiiisws

AT HALIFAX- Arrived Friday Fort Amherst, from St. Nfid. Sniicil Friday Gloucester, for New Yorir Port Quebec, Boston Bastard. Quebec A1‘ SAINT JOHN-

John's,

and 3 CW yellow 1.18; track 1.07 3-4.

NORTHOLT. Mtddlesex, England - (C?) — A ground-control lsnd- ing system here enables aircraft to spend less time circling the airport waiting to land in adverse conditions. Planes are brought in on s radar beam.

___'1'!1E GUARQI E1IQEN

and _‘. (Notices .

‘ 14th Charlottetown Troop

Wednesday night the Troop Hail of the 14th for all intents and pur- poses looked like an orderly class- room in any school. With last min- ute looks at their notes ten boys sat in to write a test for the Fire- man‘s Badge. The tests Wednesday evening climaxed five weeks of lec- tures and demonstrations by a member of the Charlottetown Fire Department and to him Bo our thanks for his interest in making the course a success. It is hoped that tho Scouts, if needed, will use this knowledge and training to good advantage. The ten Scouts who took the course all passed with the class average being some- where near 90%. Six of the boys may wear their badge immediately with the other four waiting till they complete their Second Class work.

The regular meeting of the 14th was cancelled until last night when a joint meeting with the 1st Char- iottetown was held. (Report of this meeting to appear next week). The following are the boys who

passed tho Fireman's Badge Course: 14th. Charlottetown: Bob Nei-

son, Briar Chandler, Earl Beaton, Keith Beaton, Jim Ibbott, John MacDougali.

1st. Charlottetown: ell. James Fardy.

3rd. Charlottetown: sen. Bill Kennedy. Congratulations on showing!

Joseph Rev-

Neiis Han-

your splendid

Yours in Scouting, "Beaver" D. C)! NOTES

Woiwmo

To Miss Phyllis Lutes, a welcome to our City and we hope you will enjoy working with our Scouters. We wish you success with your new Cub Pack at the Baptist Church.

Rumor

We have heard a little rumor that there is to be a Scout Troop at St. Peters Church. Best of luck for the success of the 2nd Char- lottetown.

Visits

On November 19th I visited the 1st Basilica Troop and had the pleasure of inspecting them. After this I showed them a new game. had a test on hand signals. and gave them a talk on Knots.

On Monday. November 22nd. I paid a v' it to the Parkdale Cubs. After a s ort talk on the Cub Law, in which I stressed obedience and loyalty to Akeia, 1 presented a prize to Rowan Beer for the second best Cub salesman on Apple Day. Rowan tells me "It's going to be great to take that water bottle fish- ing when I go with Dad, it's just what'I wanted."

Public Service

Six Scouts of the 14th Charlotte- town helped out last week in the T. B. Christmas Seal campaign by de- livering posters to stores and busi- ness firms of Charlottetown.

Scouts from the 14th and 3gb. Troops also delivered posters cl cards for the United Emergency Fund for Britain campaign. Thanks very much for "Good Turns" well

done. Dates To‘ Remember

Scouters’ week. Scouters‘ Club Sunday night. Boy Scout Concert in February. Be prepared.

Club meeting next

Executive meeting

Yours in Scouting, George Anderson, D.C.

Apple Day Statement Last returns are in for the 1948 looks

Apple Day and the picture something like this. Receipts Expenses Profit . . .

The Boy Scouts Association wish- es to thank everyone who helped in making this year's Apple Day a heartening success.

Tho Kirk Puck Two more boys became Wolf Cubs at our Pack meeting when Akeia invested Hubert Sherren and Gary Watts as Cubs in the World- wide Brotherhood of Scouting. Sixer Derek Dew was awarded his First Star. Wc now have quite a number of First Star Cubs and hope that soon they will have their Second Star and some Cub Badges. Chil the Kite (Earl Benton) was present and showed the Cubs that they could really light a fire with- out using o match.

9TH CIPTOWN (TRINITY) TROOP

Duo to the SM being engaged in other duties, the week-end 01111118 for some o! the older boys of the 9th as had to be cancelled. However Plrs and older boys an urged to meet at Hoortz Hall at 10.45 this morning to accompany 9th Cubs on their regular ramble.

0th TRINITY CUBS

All boys will be pleased to hear that their sweaters have arrived and that we hops to have necks:- chiots mode up on time for next meeting. 9th Cubs are reminded of today's hike at 10:46. Bo on hand Cubs with a bis luxtuh and remember that. outdoor clubbing is

u

Lampson, Fraser & Ruth's sale of mink which took place on No- vember 15th in New York was fea- tured by a good attendance of buy- ers. The mink was largely the last ends of the 1947 crop, and while prices were lower than former auc- tions yet this fact must be taken into account in making comparison. The following shows the number of pelts offered. percentage sold and the top.prices. . .

Siiverbiu Mink~ Offered 3,204 pelts. 67% sold. Top price $36.00 for a lot of males, pale. Royal Pastel Mink-—Offered 200 skins. consisting of undesirable and low grade goods carried through the season. Sold

61%. Vi/hite and Miscellaneous Whltc Mink-Offered 516 skins.

F?!"

Sold 100% of the White and 0.1/0 of the Miscellaneous White. Royal Koh-I-Nur Mink. Offered 3.328 skins. Sold 59%, realizing $12.75 for a good lot of medium colors. Blu- frost Mink. Offered 7,540 dressed skins. Sold 79%. Also offered 2,452 raw pelts. Sold 34%. The raw pelts were mostly culls.

The above Mutations were end o! season goods. While prices realized were not encouraging, it was good '10 note the activity which prevail- ed. The next sale of raw Siiverbiu Mink will be held on December 6th. Lamson Fraser 8c lluth will en- deavour to include in that auction any merchandise reaching them by December 1st as they do not expect very large quantities for that sale. A small sale of Silver and Mutation fox took place in connection with the above mink sale. 1.390 full silvers were offered with 75% sold with a top price of $14.50. 2,191 piatinums offered, 81% sold, top price $26.00. 326 white face offered 87% sold top price $18.

Commenting on the market for mink Ed Stanton writes in Wo- men's Wear Daily that about a year ago Minnesota mink brought open- ing prices for the season of about $32 to $35. Today the situation has changed considerably. Early re- ports on Minnesota mink show prices averaging about $21 to $22. Northern Michigan and Wisconsin mink is reported fetching $19 to $21 and Ontario mink is said to be about the some figure. Observers say that a lower start is necessary for a healthy market. The market in New York is still hopeful for a lower start around $18 to $20. This is the way one leading mink dealer puts it-"There has been so very little activity in the country that these early levels can hardly be true levels. They must be artificial levels stimulated perhaps by pur- chases'made for some manufac- turers who are looking for some quick fresh skins.

One of the things mitigating against the sale of mink is the fact as pointed out by John Maioney in his address at the Fox and Mink Show banquet, is the high price which the manufacturers charge for making up a mink coat-SBOO. In addition the buyer must pay for the dressing of the skins and then of course he has to add his profit when selling to the retailer, and the retailer usually charges 100% on cost. If the garments do not move at the 100% during the peak of the season then he cuts them drastically and his mark up per- mits this to be done. No doubt you have been surprised when you picked up a New York or Boston paper and saw an i. J. Fox ad slashing furs 25 to 50 per cent. but pany has probably had s very large profit on most of the furs sold and on the balance of the inventory he is quite satisfied to sell at close to cost, or if necessary at cost.

We have not heard of anyone doing any fox peiting yet and the reason is that it has been such a mild season ranchers consider the furs not mature. There is no ques- tion that cold is u factor netessniy to the priming of pelts and if with- in the next week or two we could get a cold snap then one would be quite right to start peiting in earn- est. No doubt the adults will be the first to tackle, followed by the oldest pups and then continuing on to the youngest litters.

Consignment houses are stress- ing the necessity of clearing off all superfluous fat as damage to many pelts has been caused by leaving it on. particularly when paws are stuff- ed into the pelt. Although prices are low yct it will pay every rancher to give care to the prepar- ation of his pelts. The graders ox- amine each pelt carefully and note any carelcssncss nnd cut the grade accordingly. We mentioned here a week ago that one could not expect anything like the average price per pelt that was received last year. The principal drop is in thc piatinums, which we understand have a high of $32 this year. There is a snuili cut in silvers and larger cuts in white marked. so that it appears a ranch would have to have a pretty good line of foxes to average $15 to $18.

The next fox fur auction will be held in Montreal around the 20th of December and if large quanti- ties can change hands then it will mean that. the backlog of unsold

Mariiimelife

//Z11/z 7-0014) f’

T. W. BENTLEY. CLU-

reoi cubbingi

TIMELY IIDIES DI TIIPIDS DDIIIIEDTED YIITII

Silver Fox and Mink Farming

_2

pelts brought into the season o‘ 1949 will not be a very gut-at obstacle to improvement in price. The discouraging fact is that silver fox although moving better in the United States. is selling at ridi- culously low prices. You will note that the top prices for silver, plat-

SPECIALS

SATURDAY and MONDAY

ifaus l_l1lK ruisiv

Mixed I2 t-ins

SOUP — CELERY, NOODLE AND MUSHROOM

inums and white faces at l n

sale November 15th were not as good al one would average for the same type of pelts last year. It would be interesting to know what quality of pelts are bringing such absurd prices. No doubt they are not up to the quality of Canadian ranches. >

Nothing has been heard from the Fromm‘: as to what they are doing and the great campaigns of adver- tising which tliey carried on for silver fox seem to have been dis- continued. They must have a big backlog of unsold silvers and mu- tations, particularly the former. Those who have read their story “Bright With Silver" will wonder just how they will come through the present crisis. They have sur- mounted many in the long period they have been engaged in pro- ducing silver fox, and of course the last. two years they have been help- ed by the fact that they raise as many mink as they do fox. and mink have had two good years. But. sharp business men like the Fromms will no doubt not wish to carry on a line that is constantly losing money for them and they will probably cut heavily on their breeding stock this year. An effort was made to have Mr. Fromm at- tend the Intornational Fur Con- ference in July but he pleaded business reasons as an excuse for not coming.