OPTOMETRY

g; a specialized science, concentrating all its re- sources to the end that

Defective Vision may be restored-

Eye Strain relieved and Muscle imbalances cor- rented.

Any one of these defects mav be, and nearly always is, Ore cause of

Severe Headaches

If troubled with head- aches, we will be glad h investigate the condition of ‘ your eyes, and if necessary, furnish you with properly ._' titted corrcctivc glasses. ‘

l

.__.._._._.._

FOX WIRE

"Quality is the First Consideration"

ALL SIZES IN STOCK

Fenneﬂ

__AND_.

Ohandler

', buying and selling with the market.

f p leaders. The level at which a num-

f. uncovers scale down buying that acts _ l as a cushion and tends to steady the

i‘ i fessional attacks that have been suc-

i

c l o s | r o rloorlrfrrrn

illforning Stock Gossip Received By Johnstrn and Ward Over Their Private Wire July 16th

, MONTREAL, Que, July ld-Tbe r local market is utterly devoid oi’ pool and professional operations at the moment and no artificial methods are ‘ employed to raise or depress prices. iPrice fluctuations are according to

influenced somewhat by day to day l actions in New York. No attempts are made to support the popular

f ber of the best Canadian securities i‘ are selling today holds enough attrac- 1 tion to bring sufficient new buying into the market to absorb any liquid- ation and a decline of a point or more

There ars a few amateur shorts but pro-

{list when weakness appears.

‘rcessful in depressing prices on Wall Street are absent and a large por- tion of liquidation is by tired holders whose patience has been tried from staying long of a market that has v held no encouragement for the bulls. Accompanyng dividend cheques mailed to preferred shareholders of .McCol1-Frontenac is a letter signed Iby Mr. Irwin. which says in part, , “You will be interested to know that your salc-s of gasoline and oil still ' continue to show handsome increases and that your refinery and marine g operations are being carried on with ' very gratifying results." It is interesting to note that there

jtions" throughout Canada. Southern Canada. Power reports June net at $108,553 an increase of $7,258 over 1929, and the forty fifth consecutive ‘gain in monthly net carn- , ings. Among outstanding wheat news of the day was an announcement made ‘ by the Canadian Wheat Pool that its l initial payments on the 1930-31 grain

crop will be much less. The first "payments which affect all grain de- ‘llvercd after July 15th, are to he ‘l0 cents a. bushel on wheat, basis no. 1 Northern, Fort William, which com- pares with payments of $1 a year ago at this time and a cut toward the cnd of the crop year.

‘- HARDWARE -

imitlnifblthzw r.» ~~

USE

“PEERLESS" ENGLISH FOX NETTiNO

For security on your Fox or Mink Ranch.

sold oldest Ton dips is Paramount Publix. This

j Satisfaction guaran-

l teed. dealers in ranching supplies.

The

. Rogers Hardware

Company Limited

' We also sell such acg NEW YORK. m, 1,41,, M... cessories as Fox Pans, of the current recovery w... further

Tongs-Staples, etc.

i C. M. Lampson £0 60-.

LIMITED. M Qneen Street lnndon, I, C. 4, England

Public Auction Sales or

RAW FUR! Bhlnnln; m" will o..- lnrnlsh- Id without char" by applying i“ ll T. Holman. Ltd, Sunr- mcrride. P, n, |,

Jepreaented by

Alfred Fraser, Inc. 212 Filth Avenue

New York, N. I, . ' i

o

Mirror

NEW YORK, July 18.—As was to be expected, signs of profit taking de- veloped in Tuesday's market. I-low- ever, it is now practically the unanim- ous opinlon that the market has re- versed iis trend and that subject to normal reactions it will continue to climb. There certainly has been a change of sentiment and it will take more than an ordinary selling move- ment to alter this sentiment. The low point of the year in the industrial. averages was made on June 24th,‘ when they hit 211.84. The rally since that time has carried prices for in- dustrlals forward more than 22. _points. A normal reaction could i easily drop the averages half the dis- tance covered on the rally. It ls ‘nop- in banking circles that, stocks that would again bring them too far ahead of coming improvement in general business. The consensus of opinion is that buying orders should be placed about half way between the lows and the top of the rally.

We continue to believe that good profits will be made in the three is- sues mentioned here on Tuesday. ‘Vanadium Houston Oil and Foster

Wheeler. The next rally in Vanad- ium should get through 97 easily. Buyang orders should be placed in Houston around the '15 level. 1 One of the stocks that is being urg- ed in certazn quarters as a purchasei

l

‘ issue pays a dividend of Si and should continue to pay it.

Motors and Motor accessories have rallied along with the rest of the market but their good season is be- hind them and they will have to wait for another six or eight months bc- fore any speeding up of their busi- ness will be seen. Other groups will move faster than motors.

Morning Stock Letter

, extended yesterday which curried the 16,19,111 averages into new blah ground. There was no marked change iin business news to aOOOUBt 1'01‘ m" {general strength but the Pﬁvllen" r

' Summer Strains

For all the strains the ﬂesh is heir to during the summer months- use Minnﬂfs. Popular for arty

years.

Hplaaiojgi’

i

was that his was the only personality

on both sides of the House. It was no

aid, never-the-less, is of a retiring di

lature and in the Domnlon House. In

as "John A., the promise kecpcr."

In the last two Parliaments the Hon. John A. MacDonald was known at Ottawa as "The mcmbcr for Prince Edrvard Island." What this implied

self upon the House. He is held in the highest rstcom and greatly respected ,_ stir-prise in Ottawa when Mr. Meigh- _ _- en included Mr. MacDonald in his Government, ‘as he was one of the out- standing men from the Maritime Provinces thcn at Ottawa. Mr. MacDon- . sposition. He is not a self-advertiser, ‘ ~ and prefers to pursuc his cvcn tcrms, working for his constituency, prov- rmce and county, steadily, regularly and unostentatiously. He has been in . are now 204 "Red Indian Service sta- ' g uitics since the days of his youth, and wosvone of the stalwarts that '

represented King's County in the Provincial arena along with such pol- ‘ itical giants as the Hon. J. A. Mathicson and the Hon. John MacLcan. ~ l-le has been in opposition and in the government in both the local legis- businc-ss he is a merchant at Cardi- ' , gan, known well and widely locally and wherever farm produce is in de- , i mand. His word is as good as his bond, he being known in local politics

from the Province that impressed it-

the street was noticeable. Rather

ternoon caused a sharp recession but at the close a substantial rally was in progress. Coppers wcrc hcnvy on rumors of a further price reduction in the metal. Commodities rulcd higher with unfavorable weather an influence in the grain market.

The industrial averages are up about twenty points from the lnw of July 8 and about 26 points from tho low ofJune 25 which subjccts the market to possible sharp interrup- tions as occurred yesterday. Such selling as is now taking place is based on the extent, of the recovery ihourlh less confidence is being displayed by those working for lower prices.

Lnidiaw and Company

Forecasts and Factors~It 1S expect- ed that leacling stocks will be mark-

tha next few months. down it will be recalled that we had practically no rallies and it is quite, possible to imagine this market mak- 1

few reactions on the way back. ..Hornblov.'er and Weeks-Vic fccl that present movement is fundo- g mentally a rally in nature and that i investment purchase should be delay- ed until the next real buyzng oppor- i tunity since the appearance of gen-i eral strength, lively fluctuntons and spectacular advances in the case oi specialties, are hardlysigns of ac-j cumulation. l

Wall Street Advisory

NEW YORK. July 16.—-'The out-l‘ standing feature of the current nrar- ket is that it is being nccordtzl tho

leadership. This does not mean that the market is going to run away on

i l I the upszde, but we do have good rem.

travels along. Thus. the easier tone

purpose.

ed higher before torlays close. iour favorite stocks.

Hutton and Company-We think we set the base for a better nmrket over t 0n the way I in a good buying range.

of a more reassuring sciitimcntimﬁi ‘X4011 oi iaroflt taking and speculative I . soiling, the latter to bring about a. heavy profit-inking in tho laic ai- ' 'I‘ucsday reaction and at the same‘

time, gavc stocks an opportunity to' consolidate their rcccnt gains. All of r

' this is decidedly helpful in malntain- i '7

1m; a satisfactory technical condition. Carloading reports now coming to

‘ hand for the week ending July. Com- ‘ i.

Hmre vcry favourably with the same ‘ucck last ycsr. Moreover of , the second quarter reports which arc [currently being released nro of‘ much‘ more satisfactory nature than had; j bccn cxpcctcd. We fool that the cur- rcnt campaign oi pcpping up the l market was only undutiable after ma- Hui-e considcraiion on the part the ‘market leaders and important finan- i fol interests. It represents some- . thing more fundamental than a mar:- llaily of an oversold market. We ac- lcordingly advise the retention of a iconstructive trading position and i would use minor dips for picking up

Cons. Gas is one of the key stocks and we regard the issue as still being American: International has not responded as», wall as it might to the general mar- I ket improvement. The middle 30's ,

Summary

ing up for this deficiency by having wpvecr t0 01TH” buying Contest. l I |

Electric Storage Battery declared regular quarterly dividend of $1.25‘ oach on common and preferred.

Western Electric Co. sales for six nronths ended June 30.201.620.000 against $194.694.000 in some period of i929. incrcaose of 3.5"». k

Railroad carloadmgs in S. U. for: the week ended July 5th totalled 792,- | 141 cars decrease of 119,002 from I same week of 1929 and 58,806 below like week 1028, states American Rail- way Acon.

Gasoline 111 storage declined 1,242,

473792.000 barrels crude runs to stills averaged 2,511,000 barrels dolly in- crease of 32,700 barrels. Crude oil‘

sons for believing that the present production average 2.530 3'10 barrr-lsiﬂnt mﬂrket. there campaign calls for the-establishment: daily. decrease of50,700ba1-:e!<,\vh1¢hi to call the recent strength artificial of higher prices, with the market be- war. 360,011 barrels less than a year ing permitted to adjust itself as it ago.

so industrials high 231.19 low 2:11.12

BRINGING UP FATHER

THERE'S N

i T

INIMN

TRY|N' To SNEAK our

O U€1E OF ME

Till! (ZH.'\RI.O."F5TOVV1\I GUARDIAN " """"

Candy Retailers:

You can buy‘ our bars through these distributors.

In Charlottetown

N. RATTENBURY, LTD. SIDNEY '1'. GREEN VCARVELL BROS. naanors BROS, urn. R. a. MUTCH & co.

o. n. TOOMBS a son. CLARKE s. MacDONALD

In Summerside R. T. HOLMAN- LTD. ROGERS & ARNETT SINCLAIR & STEWART

P

These will interest YOU

Don’t forget that the Province, and be sure to

ABEGWEIT Bar is now on sale all over the save the coupons.

The ABEGWEIT Bar has a centre of French nugatine, Island honey. dates and walnuts covered with the usual high quality pure, smooth. v:

vety chocolate coating that we always use.

Be sure to save the coupons.

Thanks to you, People of Prince Edward Island, for your loyal and enthusiastic patronage. If you keep it up we shall soon be producing a1 full capacity. Our Prince Edward Island trade has exceeded our ex pectations. We have started shipping our bars and chocolates to No: Scotia and New Brunswick. With your continued loyal support thi Province will soon boast of an Industry that you will be proud to boost.

But you, Miss and Mr. Retailer, and you, People of Prince Edwar Island, can assist us to grow faster by patronizing your newest Industry —an industry which employs Home people who spend their money z:

Home.

National Candy Limited sets a good example. All the butter, egg: honey, milk and cream used are Island products. The sugar, nuts, date.- and lots of the other materials used are purchased from Island ﬁrms. All they ask is a fair and just trial of their products. Don't you think they

are entitled to your continued generous support?

“WANT - A - NAME” A BAR

Will satisfy your hunger when you're truly candy-hungry.

ABEGWEIT BAR

Our other twin leader

OUR OTHER BARS HELLO-FAX WANT MORE

MIC-MAC OH GEE LOG CABIN NATIONAL J AP JELLO

Don’t forget to buy some of our week-end special

candy. It’s a real treat.

RAINBOW

Rainbow is the name of our chocolates-the ﬁn-

est chocolates on the market.

Sold in bulk or

in fancy packages at all dealers.

NATIONAL cAuoY LIMITED

Cl-[ARLOTTETOWN

lvHOl-ESALE ONLY

Phone 1266

PRINCE EDWARD

ISLAND

-4._

l

dLﬂbT A=.>\< t-(ER ancgpr Au new ME. KNOW WHAT Sue 5:85-

Flash

Regumr drvp-lend deﬂated on van. some sections of the list. Onc- famous highest possible type of constructive 000 barrels for week ended July 12 to Billllm

NEW YORK, N, Y.. July l6.—\Vith certain concentrated buying pcwr-r evident in various stocks 1n the pres- is a. disposition

and to refer to some market methods as "Strong Arm Stuff." There would seem to be from the action of the

noted in the afternoon {yap-ling yes- last 233.79 off .42. jrnarket a certain amount of truth in terdav actuallv accomplished a double 20 rails high 134.90 low 133.71 last ltheﬁe BSSETUOHS- YBt- the ‘$50065 0! It took care of the absorp- 134.18 off .33.

public buying at the present time

RIGI-VFO-

[clearly indicates that 2mm; tuymg business conditions will enable them 1s taking place on a large Scale m to sell this stock at higher lerels later on. For a weak or so ‘the market has market operator of the past n.'hcn\’i“""“5m"‘d its stiff‘? ‘teihiiiml questioned about the ability of a pOSIIIOYi and 1111116 .his has Jean manipulator wngdvance the p,“ D; weakened oy the past necks advance a stock is reported to have said ‘the t0 5m" extem- we d‘) not think 1 only ‘my 1 know u, put a stock up B. has been weakened suﬂlciently to to buy it.“ There is no reason to doubt ihatf the present Mme)

certain interests are taking ccnsirlcr- In respect to buszness condmons l; able lmmm" c,‘ swcks at m3 “m? 1S interesting to note Colonel Leonard We do not think they would be buy-

ing now unless. in their opinion. pres

Mr Ayers sees a prospect that the ent technical conditions and future

Rumania‘, have first association. the governmen‘ to prover‘. titcm in selling cars on installments.

P. Ayers most recent prcnnunccuicnts. |

turn of-the year 1H i193’) reversal of i929 o-locn bu downward at tbe'n~..rl-_~~o11~. indus- trial and business r i reach a low ebb 1n Jul , ,- . sons he says for bslﬁwng 1.1..t busi- ness will be better in August than in July and better in Scpﬁcurbr-i‘ than

icause more than a small setback at AUBUSI.

Automobile deakrs of Bucharest. lust f arm l their and "nviuced

have

as? 0o?- 5F —;.—' l acne! nrzvsnw IDEA‘.

I l ﬂ

\_/

canons:

5H?- VERY MAD AT ME-SHR- FOR VJAKlNCr HER up. AND

DlDhfT GET A