.-,,—.. .q v

MAY 12. 19.39%

‘STOCK QUO714

THE CHARI.0'l"l'ETOVVN GUARDTAN

)T4t '1. S to ck 1 Exchange

g..-—

PIIIIII (I can- ""';'“::n1':c'l-- 4'1: llonlr‘o-ill -cock mug and‘ 01-; market)

5”“. open last sblubl 145 1” gmmrst 14 15% Bell Tel 143 1“ Brazilian 0 1:94 1:71‘ C an

1;”: llcfw A 23} 259% (‘an Nor Pr 24 -’4 Cup Csr Found 0 0 can cement 0% “'."4 Can 1110 Al 3% 3 Can Psc 1356 1256 Coianeso

C ck Plow 0% 0 (‘gnu Smelt Mg: 55‘ pm sens 22 2- Doui Bridge 37 37 Dom Steel 4 4% Dom Tex ii! 08 Imp -you 13 13 111: Nickel 4: 435°. M15311 14,21-:11}: 13;?‘ 1514 Mont l'ow 31 31%. N11: Brow 42% '-'54 Pow Corn 139‘ _)-'|"lfi' shnwlnlgnxl 20% 0'24 Sufi (‘fill "WV

Si. 0! (‘inn 03 03

IIANKB

It I C

31. '3: 33.1 is: 102 Blr nf .\I1l

ilk of N 5

Royal Bk

M T’L. CURB

(supplied by armour and Cons- pany Inolnhofa of Ilontreal -toeb cxrlsnnli and our) Inlrlut)

mocks "pals I4... 011 23% 23

Don: Stores

F0 A 2'.’ 22

lnlp Oil 21 21%

Int Pole 38 31%

liclnners

Walker Good 21% 21%

I

Currencies (Canadian Paul

[KW YORK. May-11-The franc scved forward on New York for- ugn exchange markets today. gaining 1 3-4 points against the United states dollar as the ten- sion over the French unit eased. The close at 0.00 1-8 compared with Saturday's final of 6.58 3-8.

Pounds sterling on the other hand turned easier to end at $4.00 1-2, down two cents. Canadian funds barely fluctuated, the close at 99 29-82 comparing with 99 31- 12 on Saturday.

(Canadian Pros)

MONTREAL. May 1l—Pound sterling slipped 1 3-16 cents to $4.96 31-32 on Montreal foreign exchanges today. The United statm dollar was up 1-16 cent at 3-32 premium while the 1-‘l-:.‘.ch franc gained .01 cent at 8.60 Cents.

Plan Joint Trip To South Pole

iA.P. By Guardian’: special Wire) PROVIDENCE, n. 1.. May 11 - narold 1. June. formerly of Bris- tol, chief pilot on the two Byrd Antarctic expeditions, and L'ncoln Ellsworth, flyer-explorer. are p'an- ning a Joint expedition to the south pole to discover what is thought to be the last remaining continent in the world. 000.00) miles never seen by man. Announcement of the new ex- pedition, which may not leave for two or three years or until new ice exploration equipment is P31‘- fected. was made here by June. “The new continent is an am! I/bout one third of the size of Aus- trlilis and is on a straisht “M through the south pole from Little America, on the other side of the

world," June said. “No man has

Iver seen this territory, but we be- lieve it offers the last bit of un- ehsrted land on the globe."

FACTS ABOUT SEAL HABOUR

I936.

PRIOI

Irving, Bronllan

1:. M. ason41_.1.-—suum ink or N sooth nallding . o‘{.‘.1.«......

Morning

Stock Letter

(Eoeived over Pitlield and 00's Private Wire)

NEW YORK. my u—am‘1ln¢ is off a little this morning. but the French franc is slightly bet- ter. Bterllng is 4.07 1-16 francs at 0500. According to the New York n0W8PIDeI's this morning the League of Nations will not recog- nize the annexation of Ethiopia or end sanctions on Italy.

The Tax Bill as passed by the House of Eepresentativas is having a hard time in the senate Fin- ancing Committee and present in- dications are that the bill will be " “ "y changed in the sen-

ably be the direction for several days and one which we would fol- low.

81‘. PAUL. May ll—'1'hs U. 8. Circuit Oourt of Appeals for the llth division handed down a de- cision here today declaring the Frazier-Iemke Act unconstitu- tlonsl.

NEW YORK, May ll--Magazine steel reports drop of 1 point in steel operations M 68 1-2 per cent in week from proceeding week. Says that demand is subslding but that auto and railroad require- ments promise to sustain a higher

(Canadian P4-us!’ MDNTREAL, May 1l—iBrtiish and foreign exchange in relation to the Canadian dollar as compil- ed by the Royal Bank of Canada closed today as follows:— Argentina peso .2753. ‘ Australia pound 3.0880 Austria schllllng .1081. Belgium belga .1702

Braall mllrels .0561.

Bulgaria lev .0140.

China Hong Kong dollars .3285. Czechoslovakia crown .0417. Denmark krone .2220.

Finland finmarl: .0221. , Frame franc .0060. ’ Germany relchsmarir .4048. Great Britain pound 4.9696. Holland ilorin .8782.

Hungary pengo .1982.

India rupee .3784.

Japan yen .2908.

Jugoslavia dinar .0230.

New zealand pound 4.0000. Norway krone .2499.

South Africa pound 4.9451. Spain peseta .1369.

Sweden krone .2564.

Switzerland franc .3241.

United States dollar 3-32 per cent premium.

NEW YORK. May l1—Fore exchange irregular. Great Brl demand high 4.96 3-4; law‘4.9e 1-4:

clo”! 4.96 1-2', 80 day bills 4.95 1-2; "ranoe 6.60 1-8; Italy 7.87; Bel- gium 18.99: Germany 40.40; Can- ada 99 29-32. Closing exchange rates:— At Montreol——Pound 4.96 31-32; U. 5. dollar 1.00 3-32; franc 6.60. At New Yori<——Pound 4.90 1-2: Canadian dol‘ar 99 29-32: franc (7.80 1-8. At Psrls—-1'-‘ollnd 75.39 fr; U. S. rlollar 15.10 fr; Canadian dollar 1511 fr.

In gold-—Pcund 12:: id: U. S. dollar 53.17 r.:-r.ts: Canadian dol- lar 59.21 c:nts.

Markets At A Glance

(Canadian Pres) Toronto and Montresl—Indus- trlol stocks lower.

Toronto Mln¢2—Lower.

New York—Stocks closed lower. wlnnlpeg——Wheat market closed (holiday).

New York-Cotton lower; sugar higher.

Miscellaneous

(Canadian Pres!) Molv'mEAL. May 11-3165 were guglmy higher in an inactive ses- sion of Canadian commodity EX‘ changg produce section today. Butter spot——Que fresh 19 W 19 3.3; Que fresh (buyer inspect- ion) is a-4A; Que grass 19 3-34- Choe:e Spot-—Unquoted.

GOLD MINES LTD.

[tall 11 875.000 slum‘!- :$1'ln°::‘:;:'n:rcl:r.ul113l:: ' zoo tam 4.,-..1'm largest in the history of the indus- try ‘in Nova scotio—'l‘o be comvlelfll -WY 1'

on reserve: over two 108"’ |‘PF'Y-

m Spotr-Ont A large 21 1-4 to 3.‘: A medium za to so 1-2; c is to 111 1-2.

per

also PER su/iii

& company Ltd.

R. Brow & Son

Fire, Life, Accident, Sickness and Plate. Glass Insurance

at Lowest Rate

at ‘Summmide, Lloyd Lewis 1 I’ Charlottetown

I

ate. Whichever direction volume average of operations from some develops in the market wlu prob- weeks. EX CHANGE Produce Prices

(Canadian Press) MONTREAL, May 11- Wheat, nor no 2 86, Barley C W no 3 4'1 1-2. Cats, (2 W no‘a 37 1-2. Oats, feed no 1 35.

Flour spring wheat patents. ‘firsts $5.30.

Flour seconds $4.90.

Flour bakers $4.00.

Flour winter wheat patents

cholct $3.70 to $3.80. Flour white com 04.20. Bran ton $20.25. Shorts ton $21.25. Middlings ton $25.25. Rolled c;-,_Ls bag 90 lbs $2.75. may no 2 per ton carlots $9.00. Cheese no 1 Ont col 11 to 11 1-4. Butter no 1 19 to 10 1-2. Eggs in cu-1-tons A large 24. Eggs A medium 23. Eggs B 22. Potatoes P E‘! mts 90's $1.85 to $1.90. P E I mts 80's $1.85-$1.70. . I mLs 50's $1.05. mts 105 22. cobblcrs 90‘; £1.75 to $1.80. cobblers 80's $1.65-$1.70. . mts 80's $1.60-$1.05, . mts 50's $1.05. . mts 10's 22. ue mts 80's $l.5(i—3l.5:>. Que no 2 80's $1.40 to $1.45.

zzvmem mmmbiflmfi A-¢"‘t-1

Z

0

I

‘CRO? REPURT

G ENERAL

Field operations over the major part of the Dominion, except the Maritime Provinces and the Peace River country, have been retarded from one to two weeks owing to the inclement weather which fol- lowed the breakup of winter. There is 11 good reserve of moisture in most districts and prepurtlon of land and seeding are now under way. In the Prairies Provinces seeding is progressing favorably. While in the areas last year at‘- fecled by rust and frost a substan- tial proportion of inferior seed is being sown, the good seed bed con- ditions at present enhance the pos- sibility ~for normal growth. In Quebec the soil generally is in good condition, and pastures. meadows and fruit trees show no sign of winter kill, In Ontario land pre- puration :3 general and seeding has commenced. Fail wheat wintercd well and has since progressed in the absence of frosts or damaging winds. In the Maritime Provinces pastures and meadows, including areas flooded this spring. are gen- erslly in good condition. In British Columbia farming operntions are fully two week; late. but the soil is in good condition and fall wheat and hay chops wintered well. Do- tails follow:

PRAIRIE PROVINCES

ALBER'1‘A—Wheat seeding is now fairly general. The seed bed is in good condition for curly germina- tion if warm weather continues. Moisture conditions are satisfac- tory. but there is little sulxsoil reserve in the southeastern area. In the Peace River district operations commenced two weeks earlier than last year. Beet seeding is well ad- vanced. SASKATCHEWAN—Seed- ing operations have commenced nnd are becoming general in all sections of the province. Early

molstllre C’Ji‘lf1i:1(inS are favorable and with the excep‘ion of a few scattered districts subsoil reserves have shown ~lmprovement. Indica- tions are that the wheat acrenges will be smaller them that of last year. MANfTOBA—-Wheat seeding is general in the southern and cen- tral areas and astart has been made in northern districts. The seodbed generally is in good condi- tion with sufficient molsturc for pment requirements. A slightly 1'0- ducsd wheat scexsse vs expected-

PBOVINCIJ OF -QUEBEC

cold weather has retarded work on the land throughout the pro- vince. Adverse weather conditions also affected the run of maple sap and the crap on the whole is re- beiow average in quantity and quality. Liv:-stock wlntered well. In the lower at. Lawrence and lake St. John districts frost is slow in tuning the ground and to date vary little field work has been done. Futures and meadows allow a lwa'l,hy growth In the Ottawa Valley and fiastern 'I‘;¢])wnsh;p.; spring lowin s Drocee 118. I: log neg uvoitlll too wet to culti- rate. The soil is in good condition. loading of tobacco in hotbods has

Lomnmsnoed. ‘PIOVINCI or oN'rAItlo Old meadows and new clover

readings are in healthy condition. Iitmno winfr killing in evidence.

hudilfhghasoomman

.60 stacks was off .5 of a point on

.9 t o c /2 s Ea s e Off After Early Recovery Effort

(By Frank Maelllliilenl (Associated Press I-‘inanchl Writer} (4.1-. By Guardian’: Special Wire)

NEW YORK, May 11—The stock market fired a few recovery volleys

N. Y. Stock Exchange

Members of loatnal shah .aa- ahanga and out Ia:-tau

V-‘dfly. then negotiated a more or less orderly retreat.

The day's turnover totalled only 077.750 shores, smallest since June‘ 10. 1935. The total last Friday was 779,830 shares.

Molntyxe lost 2 1-2 and Dome 1 1-8 as the Canadian stocks on

the exchange and curb turned downward. International Nickel yielded a. point and Canadian Ps- ciflc, Distillers 5ea.gra,m.g, Brazil- ian Traction. Ford of Canada. Im- perial Oil and others eased frac- tionally. Power Corporation oppos- ed the trend with a gain of 3-4. There was little in the domestic news to stimulate either bullish or bearish sentiment excessively. Boosting of the call loan rate from 3-4 to 1 per cent. forecast last week, was interesting but appar- ently little disturbing morketwlse. American Telephone and West- ern Union were given considerable attention for a while on reports that ezlmlnzs of U160 corporations are running well ahead of last year. The former held an advance of 3-4 of a point at 155 3-4, but the latter suffered a net recession of a point at 75. ' The Asoclaited Press average 0'

the day of 50.8.

The four mot active issues of the session were down fractionaliy to about two points. They were Hupp Motor at 2 7-8. General Mot- ors at 63 1-4. U. 8. Steel at 55 and Chrysler at 92 3-4. Among the few that finished up around a point were Unlcn Pacific at 125. Scilonley at 43 5-8. American Can at 128 1-2 and Leg:-it and Myers "B" at 106. Owens-l‘lll1o!s dropped 5 at 138 on a few slles.

bacco and other plan are in need of weather for

ts unde_r glasi sunlight. and W&:‘mer growth stimulation.

being ditlon. ure for spring growth

turned out Ample moist is assured.

I

DIARITIMIE PROVINCES

No winter killing or fruit trees 1.-. wpzrtccl. Winter brokav up early. and work on the land L; ahead at the average year. Seeding is not expected to be general for ten days or two weeks. The soil is in good condition and there is 1; reserve of moisture.

PROVINCE OF BRITISH COLUMBIA

Solving of spring grains is pro- grossing satisfactorily. The onion 0701) in the Komloops distrizt has been planted. Transplanting of tomato plants is nearing comple- tion. Enrly potatoes nre growing well and planting of late varieties is 70 Der cent comp’:-led. Heavy octo-' ber frosts and severe winter weather did some damage to or- chards in the okanagan and front- ency volleys. Apricot and peach trees suffered most and will yield light crops. The bloom on other fruit trees is normal. Raspberry and loganberry canes suffered sev- erely: strawberry plants survived the winter in fair condition. The he:t1'y snowfall of last winter should

mm tress w'nte1-so sstls.i'a‘ctoniy nunl s33s'.on here tidal‘.

,, , cents. .’.’£‘:¥.’.§‘;...“’".§’.i‘*;...“.‘.i.’.:’ if’ .i.’.’.i§.?.‘l.‘i{.‘ W0-\'T°~ “=1 “- rapidly. smell: olou PLEASANT EVENING §§c'§3.0[::' E‘;-'1 Jux A pleasant evening was spent at "“ 3” the weighing party, which the New f.‘.'.‘i.‘i.'.""n 513% Haven Womens Institute hold at Arntfleld so the home of Mrs. Brewer Boyle on A“:"°}' ‘Rx April 29th. About scvonty pcopie st- ,‘:,,‘;§: 15, landed and a norlt sum was realiz- llngnluao 81/, ed. Mr. R. A. Mcl’llnil acted as glllffuflt :99‘ chairman and the following pro- 53,7; ‘ P 36 frram was carried out:—-Remarks by Ilolllflo 1.11 ' the Chairman; Reading, ‘Changing 3”" '1’: Color" by Mrs. N. J. lytrKinnon: ,.L’,..,,‘’,,,,. 130” Instrumental Music by lifts: Etta ll R X lo Milclyfnlllls: Reading. “l\fE:I1:el Buff Ann 555‘ Snyder's Party" by Miss Mary ,‘;::l‘k‘,;§‘u ,§,{' - ' ll Devereaux; Instrumcnlnl Muszc by [1]] min, 1119 Miss Mary Berrlgan; Singing by “In Min 1'10 Miss Etta l\f1cMo.nus, Ml=s Mary :.::"f,n'f .{.;"‘,7 Devcrenux and Miss Mary l3erri- Chem 39. 105 gan: R/ending. “Mrs. Josiah A‘lcn at (‘hiboulr 13-’ A. '1'. stewarvs" by Miss Annie 3511;; ,”'(93t BOY‘-€. Coninrum ‘:20 Mr. Earl Dochcrty nlso sang a. Dome 1195;. song. A dainty lunch was served by gfimfflfit 6'11’/‘I some of the ladies present. A hearty ,,¢.,,,, ' -N, vote of thanks was extended to Mr. ed Kiri 11,5 and Mrs. Brewer Boyle for the use Ggglnillh-, 0-7% or their home for this occasion. All om'u._,f"‘ 3; Joined in singing "For They Are uoodfiah la Jolly Good Fellows." The National “M0011 1! Anthem brought the evening to a m5::[',:,:° ";‘{% close. reene (1214, (Patriot Please Copy) 1111117; 1‘ nr or I ' BI if Sn 1. Science Controls §._.1.e._.m_, .5 ' ' Hom- Cold Sensitivity E... 3:. ‘—‘*" Kiri Find (By Howard W. Blakeslee) Irk Luke 3% (Auos'ntcd Press science Editor) ‘M0 }}g;_"- um (A.P. By Guardian's Special Wire) ' ’ ._..1= KANSAS May 11 —— The shown by B. '1‘. Barton, 30.13.. C}. 8. Mayo Faundllt! 1 has discovered Brown, MD. and Grace Roth. 35.. the cause of hvpersemltlvltv to of the Mayo foundation for medi- oold, a condition which is 0 new cal education and research. Roches- menacc to many swimmers and the tar. Minn. heretofore unrecognised cause of They found nae only the chants collapse and occasional drownings. in the skin, previously known in charts of the newly found bu- cold sensitivity. but also that blood man-chcmlc.-..l m:ohnnLsm which pressure of tl'ao“ooid-sensitive" par- overyonc passesseg and which. when 89!! dropped and miss exaggerated. accounts for extreme rates rose a‘ . sensitivity to cold, along with a The remedy for said was immor- rlmp‘e remedy for the trouh'e. were an In so dunes shown ttdsy It the scIen"’.:: exhl- water for on minutes daily for srclallon. wh'ch opens its R7111 an- s'x consecutive days. Oomotlmas bition of Inc American l'lccZ'.:e«l As- t-h‘s ‘ittler "hardening" - trick - N-

I The nypsrsensl ‘my tleatxung kl

covered in the last half hour to

ltnlu Open Inn

All Red

Al Chem 15 185

Am Can 1!! 121

Am For Pr 8 6

3"‘ ii°§° no ms in s

Ani Tel Tel 155!‘ 165%

All: Too

Am Water

Auucnnds. I 331,4 as

Alclllaou 10 101,;

-W Ref 29 28}..-

Auburn 32 31%

uni: Ohio 1195 11

‘-‘ 50 40 ‘L‘l0’L‘ AHMCO 5‘ ‘A r .- ,. I:llI|b‘lA£I¢ any (‘Eli 1,30% 141 :.l::;..°.~° % we . g 9. E0141 gal 5‘ 9”‘ ‘dill Con gun C me“ 131% Co -1 -‘ corn P.r‘o 9 #8“ 2&1‘ Uur Wright at‘ 5 D D t l1‘.ll12conAuto Life 13% 15’: Elec Pr Lite 133/, 13 Firestooa $11‘ 33 Gen Else 35 35-; (.en Foods 33 33 on Mot (1415 531/. Goodrich 20 ,9’ Goodyear Tire 25 23 l a Not Car 15 141% Hum» Mot Car :11.‘ 3 ill Cen 197/. 19“ int Her 3; 31 int Tel '1' 13;‘ 13% J_9l1_nI Man ('0 D3 D2 lxonneeotl. 36 35 Miss Psc Ry 2 2% .‘i::‘.~.‘“"' :9 av tr l\\'ali [lisp R 5 16 Uni Cash 23 l\_:ow York 1:33 3% 2:1 .\'0r Am Ca 211,; zgqg, ?I\°rLI’n\E t 27 271.5 ’sc' 1 . l’W=:."‘t: "" ”‘ ‘cull l’h|l Pet ('0 ring Pub Ser Co 40 40% Pure Oil Co 187 m I nsalo (So 9 ,, 9 2,‘ {lmilu Keith Orpb 41 3 hasrs l_toe Co (1.5 My Sh:-ll Lnlon 01 Co 17% 1111 South l’ru- 30;/_, go.-V‘ am on ind nail, 351}, :10 Oil N J’ 59% 59% -iud I k C Sun p0|i’l E: 0 n 1”‘ Tex (‘. l'niicd 0A1! $7 :32?! Y’-flied Co 5 3,. l'n|tctl Gnu Imp us,» 14 ‘ ll S Ruh 211* 33 17 is St Cu 5% 55 ‘ Vnnulllum my‘ 111/ Warner Bron 10 9'1/' West Union ms; 75%‘ \Vrst Air men say no \\’eIt Bloc 101-!’ 01112 Woolworth 43 45:7.

TORONTO, Mlay ll-—-Belling be- come is little too persistent for the market bulls today and mining share prices were allowed to slip in the closing stage. The gold in- dex weakened 1.58 and the mis- cellaneous mines index eased down 1.49 to 127.83. Volume was heavy at 2.534.000 shares. ,

The day’s sensation was O'Brien as it climbed 59 cents to 1.89. In the first half hour a top pzfoe of 1.90 was registered. Hard Rock war on the down grade under act- ive proflt—takins. A low of 1.50 was registered but the price re~

close at 1.74, off 20 cents net. There was very little trading in to senior golds and losses were general. Mclntyrs declined 2 7-8, Dome 3-4, Lake shore 8-8 and Holilngcr dropped 1-4. Teck Hugh- es and Wright Hargreavx weak- ened 10 cents each and Pioneer added 45 cents. Bass metal stocks sold down, Norsnds and Hudson Bay losing 1-4 to 1-: each and Sudbury Basin weakened 15 cents. Silvers were quiet and Texas Can- adian was; the weakest of the oils. The close at 2.05 was down is

sulted in complete at appaaunos

O ______....____ ..._____.__..___ ' I 0-apemfwlz . . . l I 4 . II I . . (hi NTIMATE association with the ,. K; a V ,4 requlrements of all branches of 4- ‘ o o ' i . 1 Canadian trade and enterprlse, ; . . ‘ . ', . durm lts centur of existence 9 . . has endowed this bank with the knowledge necessary for helpful I cm” 5 C0-OP6I'atl0Il. . .,. . no 0 Coast 1} _ ‘I in * World-wide acilirias in ewr ‘T’. I l .y I \, Canada department of banklng jg o o ';T'.~l rmvroolmuuo. - '~ JAMAICA. '-'. PUERID 11100. ,'i oommcsu e 0 ssrvsuc -.1 0 . NEW YORK cmcsoo. BOSTON, LONDON. zncnslvo OVER A CENTURY OF BANKING SERVICE ‘H _..I one

:'.“.‘§§l C63, 133..

Lee Gold 41/.

§.‘.i“.°:. l“ ’“ “°°

L‘ II Men East 3&0 nplc is :2

Mclulyrs 42%

Mci\'(‘n1lO 145 Spiritual offerings. Cardl. etc.. to not name; Letters of Condolence ‘loo lilx-.\lllll1n 3 I one inch; Notices of Thank: and Appreciation, 7041 per Inch or do per

Mcvltlic 27 , word. Other rates on application.

]l‘i1l(l‘:ll}'n(l)t1;-rs 135 1 Minimum Charge for any .:'.u-dlssment twenty-fin ocnu.

Min car» 2'23 -‘. wm lillnto 79 ;

%‘i.‘.’i‘°~i.“x “

A I’. a