JULY 6, 1937

"ii-us urimcaurlriruvvm GUARDIAN

PROGRESS

develflplflent in Canada.

‘Nat profit.

Irving, Brennan

Frederic ion

vent of ood roads and the continuing de- flfjflfiiltgi gsoline an‘! diesel engines, a new type of ,,'..|n- has been developed. While in comparison with our older types of carriers, it is in its infancy. llreadybus lines “war Great Britain, United States and are showing rapid

N,“ developments. soundly conceived, have in the past in- variably provided a means of investment that has resulted in We are confident this condition still obtains.

CHARLOTTETOWN IIallfI

& ilomiiany Ltd.

Saint John

Rain Bow OuThe . River

mus now ON THE mvsn oa-

LIGHTS LARGE AUDIENCE AT

CAPITOL THEATRE SUMMER- SIDE

iuplete wit." pathos, comedy. ji-gmii and spectacle, "Rainbow on ;lie ltiver", nelv singing film star- qm young Bobby Breen, produced

m- Sol Les er, opened last night.

5i lllf‘ Capitol Theatre, Summer- side l0 provide first nighters with i mnj-i pleasing entertainment.

who resent his presence. How the lad upsets their plans and at the same time wins the love of his austere grandparent are events leading to the happy climax. Against the colorful, rustic set- tings of the small southern village, and the spectacular cotton plan- tation and Mississippi levee scenes, young Bobby sings such delightful melodies as Stephen Foster's "Ring. Ring de Banjo", "Old Folks at Home" and the "Caniptown Races", Von Plotows hymn from "Strad- ella“ and the traditional liymit, “Holy, Holy, Holy"; tlic negro spiritual, “Waitin’ for the Sun"; Franz Schubert's "Ave Maria",

Youuker, Wilisloe. L-25-7-5-3i. ._;t1;.—_:f

FOR sAl.E--JUST OUTSIDE CITY limils-tlesirable house with ‘large All modern conven ences. _Apply Guardian. L-45-7-6-3l.

FOR SALE 0R EXCHANGE FOR cnzile and pigs one heavy colt 3 ltnrs also one work horse. Ryan

rBrol ers. Lot 40. L-3 -1i.

FOR SALE -— SIX ROOM FUR- nlshed Cottage. one acre land. ex- cellent bathing beach at’ Orwell Cove. Brush Wharf. Apply R. E. M11101. Charlottetown.

L-13B6-6-l5-l7-19-tts-tf.

.=____YV.9.rk_..We.9*ed

"WORK WANTED-YOUNG MAN vilth experience and small capital vents ulork. or interest in busi- ness. Considerabe travelling ex- Derience. Box 464, Summerside.

L-fiil-‘l-B-l. _ Male Help Wanted —_-_______________

vswnn - MAN P011 raun- yrk- Apply Willis Bros, Kings- ll,

:______ L-46-7-6-3i. Teachers Wanted van-ran _

CAPABLE EXPER-

icliced female teacher for Hamp- ton School. No others need apply. ry.

5m"! L-323fl-7-3-3l.

ABUSE

—¢—_

n"! you ever thought of 2:5 The VALUE of "m- Whlt would you do without them’ Probably you

would t my .522. m" "m "m" "'

37h“ you niuy notlundee. land is that abuse and neg. "Hnfzeltflihv em down. Ex- mi early. o" “defied "o.

6. 1-‘. llutohoson

T0 RENT-SUMMER COTTAGE a‘. Canoe Cove. furnished or un- furnished. Apply Lloyd Inmali, Canoe Cove. L-2305-7-3-3i.

WANTED TO RENT FOR MONTH of August, furnished Cottage at Keppoch. Write W. care Guard- ian L-64-7—6-3i,

"r0 LET-HEATED APARTMENT

immediate or September 1st reli- tal, all conveniences. beautiful situation, 65 Upper Prince. Phone 235. L-2287-7-2-5i.

TO LET — AUGUST lst. IIEATLI) flat Six rooms. Furnished or 1111- - furnished. Garage. Apply 55 Fitz-

roy Street or telephone 1413. L-47-7-6-3i.

Lost

LOST-BALE 0F WOOL BE- tween Emyvale and Ciiy. Finder notify Joseph Coady. Emyvale.

L—l6-'i-3-3l.

APPRENTICE WANTED T0 learn Barber Trade. short Course expert training. Molar Barber Co. - lege. Halifax. 17-356

LOST-TWO CREAM CANS OFF Regnald Dochertyts Truck. Notify Central Creameries. L-52-7-6-3l.

» Miscellaneous

MAN WITH LIGHT DELIVERY

Truck will work whole or Pm

um, A i "B." Guardian. o ppy careL-Mflil .

OUR MATURING POLICIES ARE great bus ness-getters. 1i Y0" insure now you7l be just as P1985- cd an our old policyholders. Bun Life policies satisfy. Consult J- A- Moore, Currie Bldg, Charlotte- town. t

REWARD OFFERED I-‘OR IN-

iormation leading to recovery 0!

Vacuum Cleaner misslnil "m" garage on Dorchesier Street. In- formation will be strictly confi- dential. Phone i513 or call at 187 Dorchester Street, L-27-7'5'1l-

Iluard’: Linmui removed stains-

----v

STOCK QUOTA VTJONS

MORNING STOCK LETTER ,

(Received owe; Pltfieid and Co's Private Win)

MONTREAL. July K_A5be5ms, cemem and 801d production in Quebec-For the month of May and for the 5 months ended May increases over like periods 15st year were as follows:

1. Asbestos up 37 l-2 ‘per cent and 67 per cent.

2- Cement up ass per oent and 27.8 per cent.

3. Gold down 2 8.8 per cent.

per cent and up

Canadian Hydro Electric-Pro- posed re-organization. Opposition to propose reorganization register- ed by Meighens Canadian Gen- eral Securities as unfair to 6 per cent preferred shareholders.

Steel Industry in U. S.—Pro-

Montreal Stock Exchange

(Supplied by Pltfield a Co. members oi Montreal Staci Exnhanre and Curb Market)

CW 66; No 3 CW 64; ex 1 feed 63 1-2; No 1 feed 62 1-2; No 2 feed ‘57 l-2; No 3 feed 52 1-2; track 64

1-2.

Barley—No 3 CW 74 7-8; No 4 CW 70 7-8; No 5 CW 69 7-8; No 6 CW 68 7-8; Track 73 7-8.

v 40.1’. By Guardian's Special Wire) * MONTREAL, Juy 5 - Butter lrnicd a little on Montreal open ilrodure markets today while eggs declined and other commodities held about even.

i Graded egg shipments in carlots

or less were quoted at 24 cents a i dozen for grade A-large, 22 for A-

medium. 20 for grade B and 18 fol" C.

Butter was quoted at 25-25 1-4 ccnis a pound for carlols or less of No. 1 while lots to retailers were quoted at 26-26 l-2 for solids and 26 l-2-—27 for prints.

Cheese was quoted nominally at i4 1-4 cents a pound for Ontarios and 13 7-8 for Quebecs.

Potatoes: P. E. 1. Mis No 1 90's 1.30-4.40; Whites No 1 90's 1.10- 1.15; N. B. Mts N0 l 80's 1.15-1.25; Que No 1 Mts 80's 1.00; No 2 Mts 80's .95: new whites No. 2 80's 1.75 --i.ll0. New Vlrglnlas No 1 barrels lapprox. 1'10 lbs) 4.00-4.25; No 2 300-325.

40.1‘. By Guardian's Special Wire)

MONTREAL. July 5 — Butter firmed on Canadian commodity eit- cliangc produce section today whi.e eggs declined a little.

Butler spot-Que fresh (92 score) 2.’! l-B. trade; Ont June-make 33 1-8A.

Cheese spot-Que white 13 1-2- 14

p“. spot-one A-large 24A.- A- medium soars-large I0 1-3 A; Q 18A.

Banks _

"krrnniiea or Iltylvlgugl 93:" Banks Own W" §;'.““.°é ‘$3259-

o

Bk ofNMonlbreal 937 W! Bk of ova Royal Bank I00 90°

‘Iioronif and Imitreal — Stocks

i ed h her.

c (New thank-Stool: and commodity markets closed.

Rinnlpeg-J-Iholii unclaimed to 3-8 cents lower. -

duction continues steady at 75 per cent of capacity. Scrap steel quot. ed 50 cents a ton higher at 18.50- 19.00 a ion the first advance since March.

U. _S. ‘Indie-Increased mater- ially in May exports up 44 p" cent and irriports up 49 p9;- can; over May 1936.

Wright ..I-Iargreaves-Average Droduction rate for quarter ended May 31st. 1,199 tons daily recover. of $17.68 per ton as compared to 1060 for like quarter a year ago.

Robert Simpson Oo-Ilinsncial Counsel reports that sales and profits so far this year are well in excess of same period last year.

Montreal Curb (Supplied by Pltfleld and Co. mem-

bers of Montreal Stock Exchange and Curb Market) 1i

5"" I OIIQII Close Stocks Open Close Abitibi 554 5 A"bestos

B A Oil 22% 23 Beauharnois

Brew Corp

Bath A

Can Vickers

Dom Tar

D0" A 15 15% Don B 15 15% Fraser

Fraser V T C 43 44 Ford

Hir Walker

Home Oil 210 220 Imp Oil 20% 20% Int Pete 34%‘ 35 Melchers A

Price 39 39 Price Pfd

Royaliie 4414 44% Sher Wms 23% 23%

“Grain

(or. By Guardian's SpeciaLWire) WINNIPEG, July 5—-Wheat pric-

I O Mining i (Canadian Pram) mnbirm, Jilly s-

es paused in their trend to higher levels on the Winnipeg Grain Ex- change today and finished un- changed to 3-8 cent lower, July at $1.48 5-8; Oct. $1.39 3-8—-3—4 and December $1.36 3-8-1-2.

Liberal seling by southern inter- ests in anticipation of hearty hedg- ing pressure of new winter wheat in Chicago tomorrow sent prices dO\\'i‘1 after all wheat and most of the coarse grains established new seasonal hghs.

July wheat hit $1.51 1-2. just 1-9

of a cent from the seven-year wheat high of $1.51 5-8 establishd by the May future early in April. Peak levels in all grains were touched aiound mid-sesion and the buying splurge was attributed to bullish weather conditions of Western Can- aria,

Coarse grain trading featured in- dependent strength in July barley and July rye. Other grains followed the irreguar trend of wheat but shelved small gains at the close. Trade was very mixed with most

iii-s quotations: wheat-Jly 14a 5-5; busing being of an investment-

character. Oats closed 1-2 to 5-8

Livestock

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

MONTREAL, July 5—-Prices held steady on all sections of Montreal ..vcstock markets today.

Receipts: Cattle 739; calves 1494;

hogs 1604; sheep and lambs. 889. Choice steers sold at a top of $0.60, mediums to good butcher cows $4.75 to $5.50 and common bulls $3.25 and good butchers $4.

Grassers brought $4 to $433 Wm" mon vealers $5 to $5.50 and medi- urns ssso w s7. A few swd veal"! traded at $7.50 with one top at $8-

Good lambs made $9. commons to mediums from $8 in $8.50 Wit-h culls out at $7. Sheep went at $3 w saso with the odd yenrlinss 1i $4 and thin canners as low as $2.50.

Hogs made $9.85 for bacons fed and watered with the usual prem- ium on selects and cuts on off grades. Bows went $7 to 87.50.

. d_- d m a a1 to "The Flower Sung" by Dr, Hugo , 5i .|, ..f£'%1- ‘ll? m".- zlsszielslss.“ ' '“ ' jerui by the nine-ycar-old lyric River" l ° m‘ t 9 stocks open Clo“ "eroi" in a heart-touching manner, - ' . _ ,

liar an opportiin y go iroug _ _ ‘ l razl ian 23!,’ 231v. m“ mmhgamu‘ 0Q emmm‘ 10d lerfiwlilrsuiMailntllgsbsoniagilylgl-iea Sig: I €r%CkP0sv\l!lkA all a2.

i t c econs ruc on per v ~- y , e lolslgwlilll the rClvil War, the story xgwbfay- Ben“? Hymn? Mflrllyll] glalgdcggjgfilt 511W 61 , of a P. ‘ youn: wait in New Orleans, where Th P . . 1 * ‘°‘_'- _ can cm 1nd 151, 1515 g devoted negro‘ servant of his dew? diggféléab iodtlcgwn ‘WM Cali Car Pfd 25'. 25".- lead parent strive; to bring up h {t _ Y l" flllltanri. Can Hydro Pfd 76*» 76% zhe m, m ignorance of his family xhorlfinalingd all the hterfiit-thriczbsl, gan IIrid Al A 151,, 51/“

‘ama o e orig na an ac o, 121,; 1am?‘ - ' " ' '- " " Cali Sieamshi Through the intervention of the “Wel- T°m°lle5 Phmp- "m" C l _ p , kindly pastor o; a ‘parish church gvhigh thcsscrficn play was adapted Cgcilggsuttt Plow izm where Bobby sings in the choir. bl‘ ‘Ede '5“ a“? ‘Yllllam "W1- Coils Smelt 711*. 78-}. Yankee relatives in New Yolk are “ca m" Gmss “B5 a SW15"? Dist Seag ‘raced and hey send for the or- pr ucer- Dom Coal Pfd 21".- 21W, Jhan in an endeavor to confirm 38$ gltlfl§€ 4ft‘; 49h us kinship. A: a striking contrast Dom Texme 15 e 20 n the simple 11111! he eniigyedr in ii,“ m m w,” W, Dryden ms native south and. Bo y inds liq-amnion l eT-m o- ‘ , Eng E190 A iimsell a virtual prisoner in the I Eng Elm B frigid mansion or an unympa- l Ipined. itchy eyes and run- v , Found Co 2314 23% cannon-r- n n hm on» fifiisififil...?.ililf’ll..2fif‘"~§i?i?.¥.i5l”l$i: I 3"?‘ W~ 11v n» ie iliiderlzoe heart-breaking eX- No ~' . Relief qgllfllllbdd from ‘ Gggggfir 12‘ I periemqrg Mmggiing against the one l] box-pr your money ark. Ask yoqf _ i 13 2 h m f an aunt and uncle druilgillliowlorlbfinorll box of m Ham Bridge ‘c em g ° _ l Tunpleton’: llAZ-MAH Capsules m)“ 5mm‘ m“ 23" " lrl C i‘ 59‘: Int Pow Pfd Lake of the Woods ' Ma scy Harris 111% ii-"v I I I 4 liilvertisin liates- —Pa able Ill Ad Mm PM l" w g Y Mont Power 30 391,;

Centml Guardian locals, do per Iordi Western and Eastern locals, le Btrcw 38%

per word; Announcements and (lowing Events In per word; Classified a1 s (‘e1 car 49 49

in o»: wuriil hi hllrlnuriim Nllllcel. m» in! inch; Lists of sin-iii and . Nlllallda 59% 59%

Spiritual Offerings. Cards, 010.. do per name; Letter- ol condolence 70w ' Pllwer C97!) 13'“ 19H

per ilirll; Nollcea of Thanks and Appronlistlonfi 1051c: in.» n, 4, i," Quebec Power

n-orll viiisr rates on application. ' - . - Shawiiiilggn 25a; 26.1;

Iiniinuni Charge for any -‘tartllsmeut_twont.y-flwo souls, St Lawrence 111,, 12

~ _ St. Lawrence Pfd 33 333 °°°°° sou can power ' ' —_—' Steel of Can a0 w‘ Wanted -"emale Help Wanted Slnelnf Cm Prd 1a 73 42., _ :.;‘ <1- Winnipeg Elec A 4 4

WANTED-GOSLINS T0 BUY. WANTED — MIDDLE AGED ___;__*______

5W9 at? and DFICB- WNW 50X woman for housework. One in ' _

3’ . Char ottetown. family. Write A. B, - (j , d.

" ‘ ....-....n. ,.,,_ 3",, g Produce Pflflo; ‘ ‘. - WANTED-MAID FO - t ,

_‘_V __ POI‘ 5111C y“ try home smw ex Rflencguid (CP By Guardians Special Wire) M ._ wages APbl Guardlben c a wlNlilPl-‘JG. July 5--Closing fut- giirss (‘orn Salve, 39c all Drllggiits. ' Y i‘ 8 7_ 3. _ -=_- - .- es... , -= _ __ _,__-_- 3&1; 8c: 1331 S-ZIIII-gBDec 136 a-s-l-z. m h FOR saus ANTIQUES 194 . T =1 5- r ‘ - : Oct 56 1-8B: W118 s "- Prince Sircet. L-22-7-3-3l. “$235203”?Slggrhfafiqlftxlzlglgg g@v-7%3J3;%B:D1Znr16%v—-11v 73 l-BB;

"Ii -‘ --——- Y - _ 6'- '- l c 5-83. FOR sate ~ HALLS TIIRASIIER °"°“fl°1d Ave- 1-43-7-6-31- Cash prices:

ind I » . 1.- Wlicat-No 1 hard 150 1-8; No 1

c i‘lt11(‘l‘ coinbiiiid. Apply ord

To t...

L-ZG-‘i-fi-Ill. ' - - i W To E ~--__ 812i; 5-18;GNo 6i 15255-88; teed mi; M,‘ on n NT-COTTACE 0v TIIE - ; o 81116 1 - ; N02 cattle. all gllvlifsfilglfinltn grudwu Rlvemipnly‘ nylon 51331851943 54115;"; fngfglgl g; 3*;

- - < r CJ,R.Wlll' =J- '5 a tilt-d. in good repair. Albeit ellelrglssmge- Ijiilligwbaii-lgl- n6 is’ Track “B 5_ I oats__No 2

MINING

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

TORONTO, July 5—The Toronto share market staged a right-about in the last hour today and advan- ced ln active trading after four hours of dullness and a minimum of sales. The final spurt was chief. ly tn the secondary and junior golds with the base metal shares showing a much improved tone also.

O'Brien featured the golds in the advance. climbing to 6.90 for a gain of 50 cents while other golds trad- ing actively at gains of l0 to 25 cents were Central Patricia. Hard Rock. Macassa, MacLeod-Oockshutt. Pamour, Premier. Preston. Read- Auther. Siaidacona; sylvaniie, ‘reek Hughes and Toburn.

Some of the cheaper golds swung into an advance on sizesble vol- ume. Paymaster pushed up 8 cents in 60. God's Lake had the same gain and Frsncoeur. Gunner. Jelli-

coe. Oro Plats and Red Lake gain- ed 4 to 8 cents. Kerr-Addison, Beattie. Kirkland Lake, McKenzie and Moneta were other strong spots.

There were no wide advances in the base metals but s stronger dis- plsy was general. »

Noranda was a little higher for broken lots and gains of 5 to 25 cents were boarded for Waite-Am- ulet. Sherritt, Pend .Ureille and Sudbury Basin. Silvers were h'gher. gildorodo added 8 cents and Castle

Junior oils posted gains and loss- es. Gains of 3 in 10 cents were showing at the close for Oknlto, Dalhousle and Home. morlton lost 5 cents and Rnyalite

closed down for broken lots.

Cllfllfl" ‘lfl- l

Stocks Close A P Con 42 Aldermsc 104 A18 Hm 56o os 4o Arntilleld 4o Astoria. 8% 9 mac 17 Banlifield 75 Base Metal 30 5331.‘. "" 40 521° " orne s65 Buff Ank s90 Bunlchlli _ Cal Edm 305 Calmont go Cdn Malarille 6 9’. Chromium 74 Common W P 35 60 sas 119 . Chib 105 Darkwaier 4i; 4'1 Eldorado as; Falcon 775 Fed Kirk iz Founda 45 Francoeur s9 Gillies Lake 30 Gods Lake 5i Goldale 19 Gold Eagle 35 fish 10 Gra Bousq i3 Granada 15 unnsr 1g Halcrow g Hard Rock 13o Hargal i4 Holllnger 111,4 Homestead 36 Howey I 32 Jacola Jelllcoe g Jack Man 27 Kerr Addison 247 Kirk Hud 165 Kirk Lake 120 Lake Shore 4914 Lam Cont 4% Laps. Cadillac d3 Lava Cap 91% Lebel Oro 16 Ieibch 50 Little L L 510 Lowery . 30 Macassa 535 Madsen 66 MscLeod 185 Man East 3 McIntyre 35% McKenzie 124 McVittle 27 McWatters 43 Mercury Oil 37 Min Corp 800 Mon Ry _ 44% Monet-o. 140 Morris 22 Murphy 3% Newgold 55 Noranda 801,4 Normetsl 145 Nor Gold 6 O'Brien 690 Okalta 224 Omega 51 Oro Piata 99 Pacaltd 23 Pomour 210 Payore 24 ymaster 60 Perron B5 Pick Crow 550 Pioneer 370 Premier 215 Preston 85 Read Auth 330 Red Crest 65 Red Lsike 37 Reno 80 Roche l0 Royalite 43 St Ant 13 San Ant Shenitt 250 scoe 350 Sladen 102 S W Pete 90 Sylvanite 127 Sud Basin 340 Sullivan 115 Sylvanite 320 Teck Hugh 480 exas 170 Tobum 225 Towagmse 93 Ventures 705 Vulcan 205 Waite Amu 295 Wright Hug s10 UNLISTEO Bruck 5 Coast Cop 890 Dalhousie Oil 97 East Cr 14. Foothills 125 Home Oil 220 Malrobic 1V: Mandy . 22 N Hawk 1% Nor Bt-ar 2'4 ll Sel 4% Osirko 10 Pen 880 Ritchie 4 Teinis M

. .

WINNIPEG WHEAT by Pltfleld and C0) July-IBOK.

0ct~l39 ‘A . Des-HUG.

Stocks Move Higher On Montreal Mart

16.1’. By Guardian's Special Wire)

MONTREAL, July 5 — Demand improved. on the stock market to- day and prices moved generally higher.

constructions commanded chief

attention with isl gains re- corded for steels. Metals, oils and papers went with rails also l little better. Utili- ties ruled mixed.

Advancing to 20. Dominion steel and Coal gained 1 5-8 while Gyp- sum. at 13 i-fl, improved a point. Steel of Canada added i-h! 58m! amount at so and Cement l-4 at i5 1-2. Dominion Coal preferred in- creased 3-4 at 2i 3-4.

In rails. National Steel Oar nin- ed a point at t9 and O. P- R- 3-l at i2 i-t.

Niagara Wire stepped up two points in 44 I-t.

Total stock exchange and Curb Market sales $3.3M shame: bonds A3450 Mines 35,000 shares: indus- r'ul,I 17.5w shares.

WIIIIII‘! IJII-l I KIIVII III II

I

l a.

l

l‘ Balsam 0 i/ze Tall.‘ . . .

l

l; s

up _ .

5Q TO-DAY this century-old Bank

1b seeks to interpret business con- ditions in the light of the lessons

ill

of the past. We believe‘ that

4-‘ f? those seeking a banking conec- Coast tion will appreciate this attitude. l0 ; l Coast . in ~ World-aide facilities in every Canada l department of banking V I ivswroulrotaivo. 1 JAMAICA; ‘ BANK . ’.'.’§§J.‘J.‘.§i‘3.°' ‘l T19 °f sarilauc u NEW YORK, " ' l’ NOVA SCOTIA CHICAGO; _ wmffjfzfyfunb ovsa a csurunv or BANKING ssiivica Charlottetown ULeary Albany St Peter's Kensingion Summerside Montague Victoria

The Central Guardian

_ -_____ OItASWELL for Photographs.

____, (XJNFEDERATION urn m. SURANCE. L-6793-7-I2-312

FUNERAL TODAY-The rnnsm of the late Mr. Roderick McKayl Bradalbarie, will be held this Tues- day afternoon at two o'clock from the United Church.

CONGRATULATIONS-Major 11., L. Bethune of the i-iughpg Drug Co. has been notified of his 010c- tion as Honorary President or the Canadian Pharmaceutical Assoc. 1691011. at the recent annual Con. vention held at King "ton. Ont.

VISITORS-Mi". and Mrs. John Pineau of Dorchester. Mass. are

Spflflding some time in Wcstvllle.‘ N. 5., guests of the latters brother- y in-law and sister. Mr. and Mrs. Nel- , son Mattatall. Acadia Ave, They; also visited relatives in Tatama-‘ gouche and P. E, Island.

CATHOLIC POETRY SOCIETY —The June meeting of this group, held at the home of Mrs. P. W. Clarkin, was the last of the season. The poems submitled during the year were collected and judged by Mr. Frank Walker of The Guard- ian. Winners of last year's contest were successful again this year; Mrs. Warren Duchemm winning 1st place with her poem "Dim Eyes." and Mrs. Helen Kelly second placei with "Understanding." The prizesl