D’S STO

—~

THE CHARLUTTETGWN

CK and B6

GUARDIAN

PAGE NINE

D QUOTA TTONS

MARKET GDSSIP

a Ward's Special Imufnn ‘iii-o

w“; MARKET oosstr

y‘ A lh-Thd. ltory a air again volume and price r small The ilevlzir- ‘ur tlivldt-nd liy Aut- \p'\ctd so It bud stock. 'l_'iJ6 application QHOH on Denaion psy- - a minor unsettle. ' High ‘raid: fr m h. nuorerc t) m |f.u.:it.(l:l‘li"ati|t-tltn| of

v1", .. htliiillciiii)‘ slrt-ngthonr-il Ill the

all“, to afford the basis for

"m" Laidlaw and Company.

5|\l.\I.\RY at“; i0~Gruup of t hrnkcrs obtain Provincial operation: of .\lontl-eal_ ac- Dsniei. New tlcnl chiefly i" min"!!! uillctl "The Quebec and PXDQCIS I0 - curly fall dist-aunt rate un-

Gor- a

. |"||t.|'[ on t-uttun tron- ring Juuly will he issued i’ tinn-

|1|(|i . tin

oaths endt-d June

bond ll

(gaging) Co which viii cost about $2. ‘"h- °". Topeka and Santa i-‘s a . "a car; ct": "can"

P s - saga? net loss $3,010.08 tn first ha!

Erie Rallr d ' "d"! Jlllle 03.!) hi:uhiiltiisnrtflxeiixliitliflli: "m" gerlillzfaz (7$|:“1l]1i:7i'tft'liI pfd ag. In” . . in first as"

lnt‘l Nickel Co of

l0 cents i J mom“ ‘Jlfnedlmfiz drainer-film‘. in six against 6 centa in first half tuiianlmon an incl . _ {ff-Q 964w 911-33: on 2o uu 20,31 22010.; 20'“; mill Loss 1. g u 2o Rails .. 3512 x421 23.3; M‘; Dow Jones.

BANON aAyg

AIOXTREAL- Quev A"! lm-Stocks rfdaélaencsaereraltahéemillfl to continue the m yes er ay. but were unable

"m"! In! material headway at hi? "m “' ‘P’ My Althoush stocks

a recently been furcpd '0 ha“ away from a stcntly flow or uvqflnél "'9 hikhcr allptiort aimun mpcatedly by the averages iluri-ig the p“; ye“. weeks renders the technical poattion moderately bullish On the whole y)“ trend rontinurs to point higher and any weakness which may develop

imam Sfi._ H against 3i; aiirst lull llLi-i

llilvvtrin (‘o has iii-gnu work| iillilillt‘ zcnaraiors for Ford

hcre is likely to be teiuporary in nature. ' Banon.

us iilrnillltil h! Jnimalun "i mrmhrrs of the ltlontrei vhayiflfi Montreal (‘nrh Mur- lichmond Street Chis-lotte-

town] ,___. Opened Last ... 9% 10 . 116%

MINING

(Canadian Prensa) TORONTO. Aug ilk-Tin- gnltl shares ilt-tnvhvtl themst-lves from other

groups on the mining section of the Toronto exchange today and moved forward on rcod volume. Huillnger was the feature of the high-priced group. trading about 7,000 shares and closing (i0 cents up at 10 i5 which wag within 5 cunts ui’ its inp nmi-‘i; for tho year Siirvr and base mctal shares were handy stt-atly on small volume (ills wt-rc practically out of the picture.

The hulk of the orders for Bolling- or were reported to have come from New York 'l‘t~ck Ilughca turned m-ar in substantial volume also nn a |ii'it‘l‘l gain oi‘ F: to i180 Wriizht llargrr-arcal

Douro anti llvalornc rultl-“tl ‘J0 to Iltll rants vat-h and the nthcn big prntlut-J era t-irtsv-tl unchanged

Several of the secondary gold ls- sut-s were taken upward on heavy buying

(Fanatllan I‘rs.~,;

TiilttiNTt). Aug l4

Slot-kn um...

Avilir‘ Oil .. J0

iif-littfllf‘ II Ii X . _ litiluf (‘an .

(‘Iiuluriim | (tinannn. I'M-mt) p Illiiva 4mg iivij.\i., Aug lti-liggs declined ‘P35352120!’ 13;}: ‘hniin oumhlil-lkefilolihxiizfly! lfewxm‘ ' - “i altar commodities maintained {Igaialphnks ' m», \,,.| z _ Imrkw. iZ\-.'l'|t'(i ship "°""r"h in t"iI‘i0i$ ui’ ~.~..is a ilozeit v u . ‘.‘1 to 22 cents Itrllna. down l4, cent. 19 cents l“ ‘a cent and i8 cents for C, Ieqcont. “ostern eggs were ‘i J‘: '0 T.‘ ocnta a dozen for “ll (“Iiftfa for A mcd- " i. o i, cent. and - ‘ . ' ’ . , _ , . _l\|rk (ous ..... 301;. a‘ nun 1,. IlIiI lint-mitts J M Hm J 37% . “m "nphnngei m flc‘ Lauiaqtn . . "1 ho": w. ti» 15% grates

rl ts. lit-r:- tlirm- hon; n n

|"i|'t~= l\'|>\'(' stnady. Ontario

Fhuk in to m!‘ N"... I u i“ ‘tucin-t- i-liccsc tut-ought. m“ lmllllll Rom-ibis were

rltiarkot held steady at M" t‘! Ncw Qucht-ca were _ d 1f l\"r a0 pound hag no 1 ' "‘ i“ i0 cents per R0 "i "'* ‘J kradn. Old New Hcoilirflllliflllifl wart‘ quoted at as iwr s0 pound bag, “n.

Mam ll icr

u

cellaneous

_____.

Pair-tits

I» t. ...“."-~ c v

' “hi: ‘.5 30 “mm ‘heat patents choice

,,f,§"f,?,."'1f" H co n. ts on

"“' Q"'~I"<-. no 1 as n. so. “Tl \-'i'| tn 4t)

. "_ .' it mts 20 in 25

\ a ¢mgalfulhu A‘!!! ill-Index of 15 ~ m, '3' prices (Dec I1 100i <'“"‘"Iae equals 23 05) rt-v tiny i505

7v oar ago 12f] 5,

it .. M lllt

rsu FROZEN

E ef Trips 4 cts. lb.

firsts

‘latnislla . ilanlr- Len!

.\lapic l. llt-lntyre McKenzie McMillan McVittie . HcWattcr .\Ierl Ool Mott’ Hail Alouct-a- Ncvrhec Nipllsing Norands North C Paymastrr , Pct t‘. .\i C Pioneer .. Prcmlcr Pickle (‘row

... ... .... ‘git 21min"... .11.!’ $1.211.’ 1,2 n an": f. "f. '..'.'. TI .".'.' s llordcn ... n. a 1 ou Bel .... . art Osisko .. ... m. . 0

Park Bill ... .... ...

and Ward llem ""3 I"hlflls “ltd °itsiiiissimiv'..'.»'ii Ilarkct. 150 Richmond Street chap lottetrswrt) Opened Lag i Air Red . _,_ pp m,- Allied Chem . .',',','1zu-' Alits Chaim .3‘ “t2.” Atl Ref , ____ 351/‘ g5 Amer (‘an . ..... .. {k616i 97 Am (‘ar Pound . m 155i Am For Pow __ 7% Am Loco 19 Am PM‘ Lhrht . w Am Smelt Rfg , 37 Am Sugar. ,_ m Am Tel Tel .. 111% Am Tnh B 75 Anaconda (‘op y". Atchison , 45,," Auburn Auto mi} Bald oco '81,,‘ Bald Ohio m‘ Barn A 1 Bendix Aviation n“ Beth Steel _ . _ 27% Brine _- 11.5 Byers A .\l . 17% tlrr Add .\lach 1n (eon on . . p, .an Dry on. an, ‘. (‘use Threeh ,_ Cel (‘orp ma‘! Com Sou .. ... 1y Cong Nalrn . ._ '17s; ca». out.» _ ' k i (‘hie North a t‘hryslcr' .\lot . 314a,‘. v (‘olumh (‘arh .. M15 (‘Fol I-‘ucl iron 5 ‘(Jul Gas Eiec . g .nm Sol .. (‘on Gan Con on . m,‘ (‘on (‘an g1 (‘orn Prod _ 57 Do] Hud 4 _ 4n E I Dupont

. i.|u'\\'§ ili('fli‘|t

pctercd out altogether About thr- only atrpport came in the form of r-xport Ivuslitesa which aggrngatnd 771mm hushcls of (‘anadian wheat .\lost of this was purchased in the early trade w” ‘(Johanna and Ward) ea :- FIIICAGO, Allf 1L 810k 1M L.“ - K 101% 1mm, 1mm, um; .,, 10D 1M 0034. . 70V, 1S1,‘ 15 _ 80:2 T8 ‘IE3 768900111" .. .~-. 84 YA 82 UNLI Alderinai- ,. __ ___ H. w,‘ w“ m“ ' . 515p 50 50% . . ._. . . ... _ M 52 My 1 WINNIPIG. Aug 16- m Wheat:- ‘if.’ ‘.7.’ 333'.‘ . .'.'.' .'.'.'.. m: an: am .,. .... 92 01% 91K i! ll AIM 4B “eh 3Z2 t...

N. Y. Stock Exchange

(Quotations furnished by 193.4,‘.

Eastman Kodak Elec Auto Lltc Co

laintlwrt (‘n _ _ Liane-its Ilycrs . .

Lo

.- u in». at. it;

.\.|t New Iinve Now York North Amcr .\or|l| l‘a<~

u . (jg n

'.\

it I'm» arr Phillipa mt Pullman Co Radio (‘orp Iintlio Keith firph “Flt iron Sit-l . Si

South .\'utllil Stand Stand Stand Stand , Nicwari Warncr w. leitakcr _ _ ’l ..ts (‘n '.l't-x Uuluf Sui .. Tim Roll Boat- Unlon Cari. Curb United Air . Union Pac United (‘orp Vnitcd lirng __ l‘nit~d (m, imp l‘ .\' inri Al .

U S Steel ., .. Vanadium Steel ._ Warner Bros Co Warren Bros .. ‘Vest (‘nion __ Houst- . . \\‘no|ui>rll| ('0 .. Worth Pinup I

(Canadian Pres WINNIPEG. Aug strength at Liverpool wheat prices turned downward on ths Winnipeg Grain Exchange today. Support was insufficient to cope with scattered soiling and closing figures ware 114.. “is t-r-nts ion-an Final quotations wcrc closi- to tho day's low point at for October, $7M fnr December and SIM-Qt for the MI-ily future. rading was small in volum and lheculative buying appeared to have

l) ill-Ignoring

Currencies

-_-__

(Canadian Prose’;

MONTREAL. Aug 16- hs gonad. United States dollar and ranch franc were all love; ea glonfireal curd-

erchan s to a . ter ng saae

33$»: a cert‘: to l4. K. The United am» dollar was down 0-32 of one percent at lI-M percent discount while the franc lost .01 of a cent at "fignotieflfli-rmli! Ana 1$—IAadln cur- Mttclee wt-rs strong in terms o Unit- ed Stair-a rtnliara on the fcrela’! ll-

Elec Pow Light 4 Brew Con,

EH’ l3 Brew Corp Pfd lzi-rst Natl Stores a4 B“; A|nlir U“ |‘_““‘i"‘ri T"! '39 (‘an Malt . 1.0a Asphalt -.. 1155.; Dist Swag _ i-f" hi,” 1a um. Pupt-r .. "N! l‘ "m1" --- 2054' Dom Stores

(‘sen Mot r. ... 29% D0111 Stores bold ‘Dust ... . . 171/9 Green Stabeil Goodrich Rub 11% Ho"... (m l-ofldrcar Rub ' ca»; Imp 011 . . “"1" “PM h": -- 3w. imp 'r..i. Houston Oil . 17 1m n; __

llnd u... ‘ rh A

inti liar . ... ' 1

llltl Nu-kci .. . . 1'51, ‘c. llughck lljfllnTcli V 1m; “talker (ma . 5 . an 4 ‘r1 - ‘ r Kan p“! Sflmh 1 4 441/4 gilt. Hill‘ . 0S0 Kr-lrlnator

hon (‘rapper

By Frederick Gardner,

Associated Press Financial Writer (By Guardian's Special Wire) NEW YORK. Aug. 16.-—Holcling in a narrow range. stocks. edged mod- erately higher in dull trading today. Speculative markets were over-

mhadowed by broad strength in

bonds. While the recovery in U. S. government obligations tapered off, other sections of the investment market scored further good gains.

With inflation talk sidetracked, market-it scanned the horizon for signs of autumn business recovery. Strength in bonds was accepted as an indicator of improvement in con-

"5 fidcnce and hopes revived for a.

moderate seasonal pickup in trade activity next month.

Demand for stocks converged upon communi , motor. tobacco, rail- road shares and specialties. Gains were general through the list but the so-called inflation stocks were not. prominent on the advance. Leading commodities showed a steadler tone, wheat finishing about unchang " after five sessions of de- clining prices. Further advances in livestock prices and a few other staples lifted the Moody daily index of spot; commodity prices to 151.9. a

M T’L. CURB

t-Iollllallln tllltl “Harri!

Stocks Open

EXCHANGE

(Fanadinn Press) MOXTIIEA L.

Mo: llkliritish and fort-inn c-v- 2c in rt-lalirvn to int- (‘anaiiiati tluilal‘ a..- .-...n..i|.~.| u.» it.» |{(I_\'.'ii Bank or <'..n.~..|.|_ rlusuti nap... as i‘oilo\\.-:—-

Argt-ntina |It".~'t| 2r At Z-.|ii.'l pound (i Austria schiiling l\

Belgium hclga 2.10. Brazil inllrt-is mitt-t. (‘hinu 11011;: Kuui: ltcnmark krnnr- '_ Flliiaititl finulark

ollars 3S1“.

Front-t- frain- nu. técrmuni‘ l‘l'lt‘il.~lll.‘li‘i\ (iraat liritain pound »l.

Holland florln tidal;

Hungary pnngn

lndia rupm- 2277.0

Japan you flitifi

New Zt-ahtnd pound 3 lliitv; Pniatirl Ill i572}

South .\i' a pound ~t il-‘nii Spin“ pt-scia lil

Sweden krona . Switzerland franc United States dollar

discount.

xnw YORK. All];

. I

pcr cent

a‘.

(Canadian Press)

Closing exchange rates :—

At .\Iontnr-al-I‘aunrl 4 00%: L‘ S . -.‘i franc 6 Til

. Villiii-ili dollar i501

At Paris-thwart ll ian tioliar l.‘- illi fr: t‘ S lflfr.

In gnltl—Pound 12s 4d; (‘itnadian nollar flO 24 cents; U. S, dollar 5S 03 cents.

(Canadian Prs-snl Toronto and .\ionLi»<-ai—ln|lusiriai stocks giosr-tl highcr

Toronto Uineb-lrrcguiarly higher New York~Srocks closed higher and steady.

Winnipng-JVheat down 114. to 5i New York-Cotton and coffee low- er; ruhhcr hlcht-r; sugar uttchangctl

J

GOVERNIVENT MOVES TO SAVE FORESTS

(By The Canadian Press) _

HALIFAX. Aug. 16--i~{ova Scotia woods will be closed 1o the public until September l the Minister oi- Lartds and Forests. Hon. J. H. MacQuarrle has decided. Danger- ously dry timberiarids caused by summer drought have made nec- essary the extension of the closed forest period which was Orizinalii’ attended to run from June 1 bc July I0. Violation of the order is punish- able by fines ranging from $10 w 8100. Permits for forest travel C!" be secured from the Qepartmcnt of Lands and Forests, Forest Rang- era. ‘Down Clerks or Municipal Councillors. The holder of a n6!‘- mtg muat, give his destination. re‘ frsin from smoking in the wood.‘ and observe other precautions.

-"-i’i'“i

and French [old Iraiscl all improved fractions in fairly brisk trad- ing Dominion money closed at 102 15-32 cents compared to yesterday's final rate of 102 3-10 Sterling WM one cent higher st $5 00. its high for the day The low was 5 0R l-‘_ranca fit-med 0g point to 00 M; cents

E

Stocks Move Moderately Higher On NY. Exchange

Chicago.

610.120 shares compared with 574,750 yesterday. Early strength lacked follow-through and the market re- verted tc s quiet drift before the close. The Standard Statistics aver- age for 90 stocks moved up five- tenths of a. point to 72.3, with indus- trial shares hovering around the tops of the recent narrow trading range. Western Union and Radio Prefer- red B were outstanding arnong com- munication shares and closed more than 2 points higher. Aside from livestock, moat com- modities moved narrowly. Cotton ended 20 to 35 cents a bale lower. The weekly brokers’ loan report disclosed a further decline of $6,000.- 000 to 8821000000, the smallest drop in several weeks.

A further gain of $22,000,000 in monetary gold stock was shown in

ments, making the total $7,919,000,- 000. Member Bank Reserve balances increased $5,000,000 and money in circulation 09.000000. making -.t.bc latter item $343,000,000. ‘Treasury deposits with federal reserve banks rose $35,000,000 to $2.976,000,000.

CENTRAL GUARDIAN

-._.- column is reserved lot newts af local interest but advertillng of a newsy nature may he inserted at l ccnlst a word strictly payable ill udvuncc.

CHURCH OF SCOTLAND.—MI'. Harvey Bishop. Sabbath 19th at Birch Hill at 10,30; Kinross 3 p. m. Point. Prim 7.30. 11-3575.

CORNWALL CHARGE, August l9. Kingston at ll A. M. Memorial ser- vice at the lvlontimcnt at Cornwall at Ii. New Dominion at 7.30 con- ducted by the Young People's Soc-

new 1934 pfflk. H086 sold at a top‘ P7100 0106.50 s. hundredweight inl

Turnover in stocks increased to.

the weekly federal reserve state-i

in beautiful acid resisting p0.

All-steel, with Calrod Iii-Speed Ele- ments. Automatic Oven Heat. Con- trol, and Economy Cooker. Finish

- m. Charlottetown

EL ERYsaves me hours of work MY HOTPUINT RANGE IS

Electric heat. is "clean aa sunshine." Pot; and pa.“ m,” elem-and there's no soot. to dirty wells and curtains. The remit-hour: of needless work

, , Electric Cookery coats less than one cent a meal per person, See the beautiful new Iiotpoinls. You can pufchflgg on; p" I ml" dWn Pevnwnt and spread the balance. plus nominal terrain: chem. over at vnmths.

GENERALQELECTRIC HOTPOINT RANGES

MndchOlnadlby ' CANADIAN GENERAL ELECTRIC 00.. LTD.

Maritime Electric Company,

and. Remember. too,

Ltd. P. a. I.

meeting of Comwali and Hampton Auxiliaries was much enjoyed andi the members will look forward to more visits of this kind. Words of appreciation were spoken to Mrn. Dean MacEwen, who is a very valued member of the Auxiliary and sincere regret at her departure was felt by all, The meeting was brought to a close by singing “Blest Be the Tie That Binds," and prayer by Miss White of Charlottetown.- (Pntriot please copy).

IIIEMORIAL SERVICES — Next Sunday the members of the Char- lottetown Fire Department with ear-Firemen, are holding their an- nual Mcmorial Services at the Ro- man Catholic and People's Crmct- eries. The parade. headed by the Legion Band. will leave the Fire

icty. Rev. D. K. Ross, Minister. L-8591.

VISITING FROM P. E. L-Mis lMildred Doyle and‘ Miss Bubs Walsh. of Charlottetown, are spcndmg their vacation in Sydney guest of Mr. and Mrs. L, J. Evans, East James Street, Whitney Pier.-- Sydney Post Record

UNITED CHURCH OF CANADA, WINSLGE-Services on the above charge for Sunday. August 19. are as followsr-North Winsloe, 11 A. M. South Winsioe. 3 P. M. Princetown Road. 7.30 P. M. Rev. Thos. Pale-

thorpe, Minister. L-8597. PROPEF SALE-The house advertised _ ..a‘e in Hiiicrest Cres-

cent has been purchased by Mr. M. A. Farmer from Mr. Reuben Mac- donald, tvho intends building a. handsome new residence on his

erty.

Court yesterday morning a man charged with creating a disturbance in a restaurant, was fined $15 and

C0515 or 3D days. A party found with stolen bicycle in his p- iession was remanded till Monday. Two

men charged with non payment of dog tax were each fined two dollars and casts or three months. A man charged with assault was fined $20 and cost. or two months. and was bound over to keep the peace for twelve months. being requuired to give two sureties of $200 each

TO BE PRINCIPAIPThe follow- ing is taken from the Colonist of Victoria, B. 0., of the 9th instant: Harry L. Smith, vice principal of the Victoria High School for a number of years. will succeed aa principal Mr. Ira. Dllworth, newly appointed associate professor of English at the University of Brit- ish Columbia. Mr. Smith has been a member of the teaching faculty of the school for a. number of years extending back to the war and has been prominently identified with athletics in the city. (Mr. Smith is a son of Mr. Henry Smith and the late Mrs. Smith of Charlottetown and his numerous friends in this city will be glad to hear of his promotion.)

CORNWALL W. M. S.—The Comwail W. M. S. was held at the home of Mrs. Brewer Boyle, New Haven, Monday evening. Aug. 13. The President. Mrs. John McKin- non. presided, and about fifty members and visitors were present. After the tisuai business part of the meeting wu dispensed with Mrs. (Rev) Johnson. Hampton. gave a very interesting talk on the voices, and different cries of China. and the following Hampton mem- bers gave a review of the study book of China as follows: Author. Mrs. Join l). MacFariane; Geo- graphy, Mrs. Morrison; Religions and superstitions. Mrs. Campbell: Care of llvBe of people when sick, Mrs. Cannon: Child life and cus- toms 0i’ marriage. Mrs. Dixon; Story of Chinese Boy. Mrs. Roger-