gARKE-T

Wu“ nadir".- ilis‘! ‘limhin. were Tbznlargsst volume slaeo Inns a

writes.) ' ' rosx. "l! "-7" m" s mm“ u” 0.3.12‘. Ill to u . - "zzzzlrfzs... '. a u ' iiishness today In“! m; with another liberal advance.

l" all led by utllitfes da- T"°d'"',’.,'§..' alter " noon. sssslns lent m, m m, morning, reflecting “w” m or profit by professionals numbness some selling Inspired dthioumgpl figures, failed to attain

s T

h d on a rally that l ‘Zollhl-‘illllrgtil eto a strong closing. ‘:5, 1,. several leaders were IQIIWI" i.

flimilzizage rise in stocks. slllrhtiy N n“ I *- points, dupllcatcd- Mon-

s: ‘plilrljilllC-B alld brought the cloa-

Grain Ma rket‘

“vnirllmgr (B The " .1. ll — Y ‘HQQJPFCi-i-sunirhe wlnnlnea n“, Marltilt surgcli upward today in. fvtiillt of heavy "port reporil. . y! covering in July future and un- iorahle crop news. The wheat fut- ; finished from 2% cents to 4% n "imyp yesterday's finals. July m1 31,4 cent higher at 60% cents. M," p; cents higher at 01% a Dog, 11,1, cent higher at 02% tn

H. 522:» for a slight pause around -scssion the wheat imarket con- ilrd on its upward col se. At one at prim-s actually sun below the . nus rinsing figures. Then it re- mind and mounted steadily to the best llwvis since the first few in June. ofgign business secured was asti- isd at more than 500,000 bushels. l. good nclvs coui-‘Iied with short~ ma; hv local and Chicago trad-

w hi

Q ln

H

flu’. n5 not, gave lndicsti late buying had come w» u; "ins ranged from 1, to 4 3.“, ‘ ste net gain while the common after

Number of declines Stocks unchanged . Total issues traded

,Y,S

‘GOSSIP

t t sl a ' ° ‘lariuiit sill-ll’:

Union Pael- eriesn Tobacco up shout 4 points

that considerable from shorts o found supplies of stock scarce. Steel preferred converted‘ an point decline into a moder-

aricsn Telephone, Peoples Gas, Am and Auburn,

fractional sag closed 2 higher. here were roag iy similar advances

for American Can. Allied Chemical, Case, National Biscuit, vice of New Jersey and North Ameri- """‘ "'°"°m°n' “d u” m,‘ :0... the Stock lhsrm an:

nubile ser- July

' Tue

umber of advances 208

210 00 2

052

PRODUCE

(Canadian Press) MONTREAL, July 27——Deciines in

butter and cheese featured the pro- duce and dairy market here today.

Carlots or less of No. 1 butter were

quoted at 17% cents a pound. A}, the hoard of trade auction 084 hnxes of No. 1 sold at 17% cents while 140 boxes of N0. 2 were cents. To retailers solids were 10 to 20 cents and prints 20 Receipts were 1,505 boxes.

sold at 1074

to 2i. cents.

Ontario cheese was 9% cents a

pound and Quebec 0 to 01,5. Ag, the auction 041. boxes of No 1 Quebec

bite sold at B 15-16 cents blit‘ d of 8% for 484 boxes of No. ucbcc colored was not accepted, a inimum of 8 15-10 cents being ask-

ed. Receipts were 4,102 boxes.

Eggs held steady, quotations being

10 to 10% cents for extras, 16 to 10% cents for firsts and 13 to 13% cents

dozen for seconds. Receipts were

2,223 cases.

THE CHARLOTTETOWN GUARDIAN

Montreal Stock-Market ‘Qtl0tdfi0fu

(Gama-n PIE-lair) Low Close 8° 83

10 5%

i

Stocks

Bell Telephone -~ Brazilian

R Power A . .

Can ac Cockshut Cons Min Dom Bridge

Ham Bridle Boil Gold Mines int Nickel .. Lake oi.‘ the Woods . Massey Harris .- hlcColl-Frnnt lllnnt POWQ!‘ Nat Breweries Mont Bow 8% Nat Steel Car Quebec Power .. Shawlnigan . .. ... South-Can Pow - Steel of Canada . S of Canada Pfd Win Electric ..

illnf '.'.

2%

BANKS

Commerce ..~ Montreal Nova Scotla Royal

New York Curb

not quoted 1R2

2-45 145 144% 145

A

STOCK. A775 501v? _Q U0 3'14 Tlofvs

NGKX/ .-

itonireailtarkct. r The Montreal Silieiightsi- Curb Market

' ' ‘ 4!! (Canadian Pres ) w“"""' 7",") Stocks min Low Close MONTREAL, Jilly 21-s brisk Besuhilrnois a .. .... 10x4 1o

'*.

-_—-—

rally in the inst hour of trading on British Ameri Oil .. 10 the local stock exchange resulted in Imperial Oil .. .... 10 05h 9'/s erasing in a good measure early llfllierliil Tobacco as 3 losses sustained in today's session, later. Petroleum 11% 11% 1H5 and the close found gains slightly in Luke Shore .. .. . 20% excess of losses, while the average Milfbr". ROD C0 4'6 price of 20 stocks showed a gain of Nflffliuifl -- -- u... .00, being the fifth consecutive gain PM!" 110F591? Dim-K in the index. The course of the mar- 500""! -- -- ket here followed quite closely that Bison‘ Mines of Wall street, where early unsteadl- Teckfiilgh"; -- nsss was followed by a broad recov- Yvflikel‘. Hiram . cry in lb? last hour, antd coming in a .

u. so .. B 1.7

o o ivs news de-elopments. A feature of the local market in today's sessions was the rapid manner in which demand for securities developed on the first sign of a turn for the better in the Drice trend.

MONTREAL, Julv 27-43! The.’ Canadian Prcssl-Thebiontreal Stock’ Exchange rallied in ths late trade to- day to recover early losses. The local market received impetus from Wall Street, where sentiment improved in the afternoon. Volume was slightly under yesterday's.

ioiltreal power, market ‘leader, gave an irregular performance in the course of the session, Opening at 513M, un-

Mining Stocks

M'A G N U M (a run glasses) Q 5 C

(Canadian Press) TORONTO, July 27—(hlinlng use)-—-

Szlil-s Flock ti uh Low

Slit". .13

Joli,

.0'-’%

.0152,

09

sales Close

rs

12-QUNCE SlZE (2 run glasses)

5500 Alex .. .. .. 2150 ll liollinger . 1500 llidgood .. . .

new low prices

plus 5c bottle deposit

l V plus 5c bottle deposit

.0206 4500 Bunk Hill .. .04 1000 B i.‘ Pioneer s 500 lluff Cull 400 Calmont .. 200 (fastle-Tr . 500 (‘iliimllg , i000 (Tiorlcy ., 1000 (‘lalunlnr . 500 (‘luau-lib . 7 0 linalc .-. 5.0 l<"hrizlgc .. .. 100 Granada . 1000 iinrkcr l0l0 iiolilngs-i- 1100 linlsil-nli 4000 ll4')\\'\‘\'

changed, price dropped to 32 under selling pressure and recovered later to 831/, where the stock closed for a net loss of 1,4 on tho day.

Preferred issues gave an display of strength, reflecting the better sentiment which has been prevalent in the bond market lately. Dominion Ginsu Preferred sold at 0.’: for a gain of 10. Canadian Ilydrn Electric Preferred was up nine points at 50, and Canadian (‘i-lanolin profor- rcd was two hlvriu-r at 47» Canadian (‘ar Preferred lost iii to 145i.

In tll6’l!i*llt‘l‘1ll list Canadian Pael- fic after selling don-n to 14% during

unusual .-

THE CHAMPAGNE OF GINGER

SUSSEX BEVERAGE COMPANY, Maritime Distributor. CARVELL BROS. LTD., Local Distributors.

CARTAIIA AIIIRY

ALES

3100 Kirk ,, 200 Kirk Prom . 1000 Knot Firli" 300 Lake

the dny, closed at 147/... up IA. Brazil traction closed unchanged at 10_ Silawinignn Power Closed at 12%, up

Wall ~Street Turns Bullish

gave the market a real boos; and ii; vnlunle was fairly heavy. he Canadian government crop re- issued late Tuesday was also . upon as bull , ~ Olllllilll indicated that Europe's rt requirements for the coming son would be as great as a year . owing to damage caused to West- . Europe-an crops by rain and rust, (icing the surplus to a negligible re in many instances. ~l and for cash wheat is broaden- sad there was a good business in top grades. Spreads on most eon- tgrades were fractioually better. A . t delivered through the cles house against July contract Wed- ay amounted to $70,000 billhels. eat moved from farms to coun- . elevators on the prairies totalled 000 bushels as again $58,000

(Canadian P}??? I C‘ ‘u. ’ Stocks g mw 0.. , Amer Cyanamid B . 3% 3 2% A Aln Super Power " Cities Service Co I-llec Bond Share Gulf Oil Corp .. lat Petroleum .. Niagara Hudson

std Oil Indiana

Std Oil Kentucky Ull Lt Power A

filo" - of thc total value of all sbnrcs listed

the stnck exchange, tho gain in quoted value would approximate the huge total of some $4.000.000,000. Just as the month of liiny saw one of sharpest percentage declines in quoted value in course of the boar lnarkl-t, the recent recovery, while not spectacular because of the low prices. has brought one of the sharp- est percentage increases ill market history Brokers customers rooms A germ“ W“ " were deserted when rices were nes - r ‘ " 1y 30 percent "m"? M" been “.5, Australia Pound 3.2449. filled since tbe first of m».- week and “Mill” swmmg 3"‘ ‘1“°‘°d' some commission houses report the Bdglum Bel“ 0'15“ he“ mm)“, purfldpntion Brazil lifllreis t'i_.0Sl~i. keg i“ mung,‘ Bulgaria Lev hot quoted. China Kong hang Dollars quoted. Czechoslovakia Crown 0.0340. Denmark Krone 0.2103, Finland Finlnark 0015i. Franco Franc 0.0448. lndla Ililpet- (UNIT-i. ltaiy Lirc 0. i. Japan Yen 0.11177. Jugoslavia Dinar 0.0107, New Zcalnnd Pound G752.

New No. 1 illontreal potatoes were unchanged at 00 to 75 cents per 80 pound bag. _

10400 \i' ii . -. 8.100. a tic . 220 llcintyre . 300 lilin (‘orp S7000 .\lo!'f Hall 700 Moss .. 5000 Murphy 500 Nun-bee .. 1705 Noranda . 5000 North Can 20700 Olga .. .. .. H00 Pet; Cobalt . ‘J00 Petrol Oil i517 S Antonio 500 Sarnia .. i125 Sherrltt . .. -lS.’i00 Slscoe .. ave ‘i000 Stallacona . - i500 St Anthony . i700 Sud Basin .. R700 Syivnuite . . Tashota . .. 27001‘ Hughes .. 500 Towagmno . . ,..l i340 Wright Her . 2.84 Silver .2034. Total sales 348,000 shnrcs.

UNLISTED

100 1i lifissourl . .00". 1000 Cea Man . 200 C-Resoh . i 100 Coninur .. 1000 East Crcst . 4375 Eidorado . . v.10 Hull Bay 3135 Nickel .. 206 Kirk Rud 11000 liicLeod. .'i200 Nnrdon 10000 Pen ‘Pete 20100 Ventures .

and International Nickle wns up ll

at Mi. Other closing prices included. Con- solidated Smcltcrs 5t down l, Canada Cement 5% down 1,(,_ Dominion Bridge l7 down M, Massey ilnrris 4%, lln M. McCall Frontenac l0 up 1,4, National Breweries 10, up 1-? National Steeil (‘nr 81.1,», up 1,5, and Stccl of Canada, i0. up 1%,.

The banking section was quiet, Rovnl Bank selling at l-i5, unchanged.

Montreal Power Debentures were down Y; at 30%.

Tnt~i sales were 14,133 shares and $35 "00 hondi.

The pound sterling closed at 34.0401 and the United States dollar at 14% per cont.

MONTREAL, July 27—(By The Canadian Dressy-No statement was issued at the conclusion of the meet- ing of the directors of Abitibi Power and Paper Company herr- today. The only comment elicited from L. it. Wilson u-ns "there is no statement to be made."

Directors of the Abiilbi had been expected to take aoiinu today on the bond interest which was default- cd on June 1, the 00 days of grace under the trust deed expiring on August 1.

Jan .014: Feb 021: iiinr 0207 Apr. 0.17- ilfily 045: June 051; July 057: All. 578: Sen}, 584; Oct 500191: Nov, 508C Dec. 000. Spot closed quiet. lifiddiing 550.

Liverpool cotton, spot in better de- mand, improved business: lirices 7 points higher: American middling. fair 5.51: Strict good middling 5.12: Good middling 4.87; Strict middling 4.07; middling 4.57: Strict low midd- ling 4.52; Low midlliinlr 4-43: Strict ordinary 4.21; good ordinary 3.02; receipts were 11,000.

F0 reign Exchange

" lmrvrnnsn, Julv ‘MK-lily Tm Canadian I‘l‘0SS)-Bi'lii$h and foreign exchange in relation to the (‘uiirlliiflfl Dollar. as cnlnpilcd by the Royal Bank of Canada, closed today ll which follows"

(By Claude A. Jagger Press Financial Erlllor.

NEW YORK, Jilly 27—-Tl'ail Street turned bullish on commodities and securities alike today.

While wheat futures were advanc- ing two cents a bushel in Chicago, leading shares in the New York Stock Exchange bounced up $1 to I84 a share, to the best general level since the second week of Yiiay, in the most active trading in eight vvceks.

The stock market acted somewhat stunned for a time in the morning by the magnitude of the deficits report- ed for the second quarter by U. S. Steel and some of the smaller steel companies, but prices raced up merrily after midday,

While the financial district still has its skeptics, a number of bankers and economists willing to hazard a guess that things may be scraping ’ bottom, and hope that the usllnl autumn recovery In business may not he so disappointingly lacking as it was last year.

On the basis of latest tabulations

Associated

Stock Exchange

(Canadian Péels)

Low Close _ , _ 40% 52% 3'!

Miscellaneous

Anaconda Cop in the ma“ ..

chisou ... Auburn. Auto -..- Baltimore Ohio . Bethlehem Steel . Carl Pacif Case Threshing Chrysler liiotors . Col Gas lee Cons Gas ..

Corn Products .- C-Wright .. E I Dupont F02 Film ... Gen Electric .... Gen Foods .. ... Gen Rail Signal Goodyear Rub .- ilouston Oil ... Int Harvesters

... ... Nt (Canadian Press)

Flour, seconds 4.30: Flour, Bakers 4.20: Flour, winter wheat patents. choice 2.50-2.00; Flour, white corn 4.80: Bran, tnn 8.25: Shorts, ton 0.2.: lifiddlings, ton 2.25: Roled oats Bag 00 lbs. 2.00; Hay No. 3 i191‘ ""1. "i" lots 10.00; Cheese, Ont. 39-09%? Butter No. 1 finest .17. 171/4: ERR!- frcsh specials in cartons, '17-'18; lillrltl. fresh extras in cartons 25-20: ERR!» fresh firsts in cartons .21: Potatoes, New no. 1 Montreal H0 lb. bag, .00-.75.

. SUGAR NEW YORK, July 27-—-Ra\v sugar was quiet today and in absence of business, prices were unchanged at $.10 for spots. There was fair quan- itiea available st this level, but re- finers apparently satisfied for the time being showed no interest. Approximatrsales were only 12.100 tons. Sep. closed 1.01; Dec. 1.05: Jan 1.0.1: Mar. 1.07; liiny 1.12: July 1.18. Refined was unchanged at 4.10 to 4.15 for flno granulated. i6 COTTON NEW YORK, July 27-00mm ,6 futures closed firm. Closing bids:

u.

Buying today started in the public utility issues, and in the when}, mar- ket zoomed, spread throughout nlucb of tho list. The bond market also ex- tended its vsrtunliy uninterrupted ad- vance although gains were somewhat more lnpdest than they were.

Tndnys turnover in thc stock ex- change was 1,072,007 shares, the larg. cst sin 3. ll. S. Steel Prefer- red dream-d to $02 in tbs morning, then recovered to close a9, $00.75, s iriielt ]gain‘of ‘l; rents over yesterday's ‘gjlilflzligpclnsg. tcel common closed at

Among the wider gains were Ameri- f which closed at $3950

on $4.12, Consolidated Gas, $44.25 na' $3.31; Santa Fe, $20.25, up ‘Q50; £21180, $20.75, ' Coca _ a- 9. "P. - . American Tobacco B iivii, i: Auburn Auto, 351,37‘ m, 31,12: non Pacific $4.75, up $3.87; pub. llc Service of N. .T., $37.50 up $2, A. $1M"?! 10W" priced issues, gear-ya] metre closed at $13.37, up $1.37,

.. els a year ago. _ sh interest in coarse grains was sell to barley for export and estic ula and low grade oats for

ri.

hr

‘can

CLOSE

: July 591A; Oct B196: Dee. " o r Iuiy 4o; Oct 3056B; Dec '20s. l vi July 5896B: Oct. wit; Dec.

but Ne. 1 hard, 00%; No. 1 H liilii: No. 2 nor. M _No. 8 nor. . No. 4 nor. 53%: No. 6 nor. 40%; i tncr. 431,5: Feed 401,5; Track , No. 1 Durum 04%.

'stI: No. 2 f‘. W. 40; No. 3 C. W. IaiFeed a1; No. 1 Feed, 85- No. Iced 1.7%; Rejected 21%; Track

"lriey: Ne. .W.84'.€\ N

u. ... ... ~-

"" lloumnnin Lcu 0.0071. South Africa Pound 5507i Spain Peseta 0.007.“. Sweden Krone 0.20s" Switzerland Franc .2227. United States Dollar i415

premium.

FOREIGN EXCHANGE NEW XORK, Jilly 27- "nroign Ex. change irregular: Great ill‘ :lin

France 3.01 0-10; iinly 5,0111,‘-

éllzm 3.8.70}; Germany 21174;’ Canada . .

er - x000 noun I‘ m“ 500 Browniec . . 500 Cen Pa: . .. 10000 Gem Lake .. 8000 Hilltop . . .. . 500 Kirk Town . 0000 liialrobic . . 4500 Potterdoul . . H00 Ritchie 5000 8 lifeora

.0444 .004. as

.01 1/, ,m

.os

‘i’. ‘A .0114, _0s

.04 M 1111;. 11R .01 V; u. .0R =1 as .0116

.02

In}, gmmbert C

3 C. W. 88%: No.

4 n, i; p, w_ 33%; No, 5 Montgomery Ward

Nash Motors New York Central Packard Motors . Paramount Pnblix Pub Serv- of 1N .‘l' . Radio Corp ..

Roebuck South Pacific South Railway Stand

Stand

Stand

Texas Co .. Texas Gulf Sulph Tim Roll Bear ... .. U Csrb Csrb rs ... Union Pacific .. ..-.-s United Aircraft . v-v United Corp ... ... United Gas Imp i! r-l 8 Rubber III ~... U 8 steel .. ... n. VIII I .- Isa‘ n1 Warner ros .. ‘sell Westinghouse lilac v

n. 30% 210°“ 23% l 0 .- as gllgtllcuhump t. h 13:2 ‘:4

mason cars can ulvs NAME m ms nsvolmln

‘l’ July 27--Bonded Ciose: July 54%:

ICAGO, July FL-Lato soaring prices hoisted wheat today to lfililllnst point since July 8 and -- ii cents a bushels above last

W.

Ptcuislive buying was "M"! M’ continued unfavorable a reports from Canada and Iinrope. Plwol quotations gained steadily

, Clifilro. July contracts at Liver- l We! being 05$ cents premium iismi with only 1% on July 12. heat closed strong, 175-296 shove

._ Wily‘! finish. corn 9919i u ' iivit advanced and provisions ilr from 2 cents decline to ll advance.

I anadian Gov’t. _-' 0nd ‘Quotations

.___-.

4000 Algonquin . . 5000 Olgoms .. ..

__i___________

Mlasrd’! ls good for Nenrltis, lllnsrdh relieves sci-gn- “d

sprain;

persistent.

s.- ‘st

-bear the Goodyear name and guarantee.

—a_re outselling every other tire in their class.

—are made with Supertwist Cord-proof against inner friction heat. ‘

d‘ (Canadian m...) m A“ ma french czzlnuthrzczinstill; i; , . . . Q3.’ .- _ i" _ ‘ Q5 O a a a - S. ‘m’ ‘.%‘.=‘°.’3%."; nfinlffi daughter Nelly. ca. reg- —have a tlnck, lively road-gripping tread whlch lasts for the llfe of the tlre. a Canal]: istrar of oil-nu had insisted that . °’ Em}; the Christian name must be Arsen- N tine, in accordance with a national M" __ law, and that therefore the father (‘an Nat Serv ll-zm" would have to name the 0111M - Can Nat Scrv 5-41. . “out. _ ~_________ . ._.' YOUR EYES A court overruled the NIillfll-l’ and now doaens oi’ Arlwti-llfimm Englishmen named Guillermo ma! ~ oali themselves William. "

-have the’ traction pattern in the centre of the tread where it should be.

—sell for 20% less than “standard” tires.

NEED A VACATION .____ ' ° viewed eyes in the world ‘ "M- Afld. when tired, no eyes , i” ills Prettiest in the world! . m" "d1 Mm heavy and your lmlelw. Why not try sleep- ‘gthlnss? call s halt on social -Y4ndsotobedwithflm fin for s. few nights, ' k”? the system in l‘ - lirini: s cup or not water, l ha! lemon‘! Juice, on rising . ‘"1 80in: to mo. rim adds . to the eyes. Try 1g, M” , d1" °i Eresn studs and fresh "Peclellv citrus ones, and “P ""1 "floss and minolnl be- : " meals and late at night. m » it“ mu the more sleep you ‘ l" divs. the better you'll

-havc‘ no superior except one—Goodyear’s All-Weather Tread.

' w .,' O a ' ' , so.- Air m: mm —are making mlleage records everywhere. _ Ask your local dealer. m. u; Junkers sire-on. which " was put on trial service between ‘ . Berlinandlondonlsittslhisheinl ~ . reconstructed in Germani. Origin- ally it was used chiefly for carry- ing freight and had loom for only s few psssmlers. When rebuilt l‘ will have M window seats for Pl!- seugers and s rmolrln: Mm- Th‘ forward cabin has been fitted with a second story for oarffl- 1i W“! b‘ put on regular Berlin-London ser- vice shortly.

illll ~

Jfltillii.

“h” fltlsue." discourage- ‘ :01‘! detest more quickly than 01k: realize. 9R0 on its feet again by “my. u" “m” “but! in your own

botlryoln- lashes and brows andI than moss-ls: your eyes w 1°“ divine. ' -