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TOCKand 301w) QUOTA

In

Declinie

Indus tfial.

Stock l} On Mt’l.~ Market

(GP. By Guardian’: Special Wire)

MONTREAL. wlan. 6 — Despite strength ln specialties and three issues rising to new tops for more than a Yell‘. Montreal Stock Ex- change securities had an easier imdertone during Saturday‘: abbre- viated session.

Right from the opening bell gains and losses were practically evrn as trading continued at a moderate price. ‘Purnover approximated l2.- nos shares ior the two hour period. Rcilccting the decline in industrial sicclzs the average o! 30 stocks lest .1 at 62.6.

Canadian Pacific Railway (inw- in" 511911011 119m the New York rail list and London buying in antici-

pation oi announcement o1 higher share earning ior i084 continued the active leader in trading and streneth. The Canadian Rail issue rose 8-4 at 18 1-2, the beet level since the end oi last September. Other members oi the inter-mt“ section were quiet. Inter-nations] Nickel easins 1-8 and Brazilian ‘rractlon unchanged. ’

Canada Wire and Cable in its first appearance in some time re- corded a‘ gain oi 1 1-2 point-sat 20. Imperial Tobacco hit a new peak at 13 7-8 whom it was up 1-8. In the Banks Nova Scotia jumped two points to a new top while Royal was hali a point better and Mon- treal lost two points.

F.0d York ‘it's-tel Awaits Congress Budget Message

. I . (By Frederick Gardner) (Associated Press F incncial Writer) (A.l'. By Guardian's Special _Wire) NEJW YORK, Jan. 6—Wall Street applffinily lipund more reasons to be hopeiul/ p r a. second reading o.’ President” Rorsevrlils mes-age Saturday and security. pices move fcrward in some sections although markets remained quiescent.

The principal trade new oi the day. the report on freight car load- injs, furtlv-rmore, showed a de- cline oi less than seasonal amount ic; the week ended Dec. 29, accord- illg to Mood's index. The report, a day late owing to the ‘nlesday hali- day. showed loadings oi 425,120 cars. This was s. drop oi 122.775 from the preceding weak and was attributable to the Christmas holi- day and contraction in the move- ment oi coal owing to warmer weather‘.

with the President's review diges- ted, banking and brokerage circles gave over, the day to wondering what the budget memage won't! show. on this statement to Con- gross Monday much hope is placed.

although in some quarters it was

felt that current uncertainiffls would result in an “open-end" budget.

_The expectation that the public wcrlrs-pzogramme might bring pro- ills to bulldlngcomparlies excited some demand ior the shat The activity and firmrcss oi finale- tive stocks was coincide with the opening of the New York auto- mobile show and hopes oi the big- gest sales in the past iew years.

improvement in the traction group was chalked up iorcvival oi the ballet that unification oi’ the New York unit sis not far away. Utilities stood still. .

In bonds, small losses were scat- tered through the treasury list though some oi the federal issues were iirm. There was a. good de- mand ior corporate loans.

Although the stock market was‘

less active than last Saturday trad- ing was ialrly. brisk at 404.470 shares compared with 965.420 ye;- terda . The Associated Press com- posite average of 80 selected stocks rose .2’! oi a. point to 41.05.

1V1 '1 "L. CURB

(Johnston 5nd Ward)

ltorkl Owned he‘ sluzull .. 10! Butburst ‘A . , 4 licnuhurxlnls 6 Brew ('02) .. §5i4 Brew Clllp Pid 11%: Brit Aulcr Oil . N‘? gun lhiult . . . . .. 12g.

lil npcr . . . . .. Dist Seug . . . . .. .. 11% Dom Eng Works . Dom Stores ... “V: Ford of Cun a 20% Green Siubell 19% Frccnofitubell

ll

12:3 Toh 13% iutl Pct g“ Nornmlu .. . ~13 R001}! 111M171... - 42%!’

'1 l-cr (‘V91 ‘ M wiulcr. ibod Ms 10s,; Walker rev -- 4°" qmrhg Jim ... 010

'77 , I Currenczes

(Called-an Proll)

NEW $011K. J1 fi-—'i‘llc. Canadian d-lllur enli lbc nb frnl-c lint-lull 1r.n|i us‘ ll. Suulrd.'1_\"s iorvlqn c-llllnge markets n-ilile. for the second aucccsalve day, sterling rota held un- changed.

at l5- The

The Dominica dollen closed IL percent premium, off 3-32. franc we: .0055 of a cent lower at The pound wa: stationary at

.\lr).\‘TREAL, Jun. 0--’l'he pound sterling and United Suites dollar continued their advance on hlolltrcnl fol-alga exchanges ay. The

GRAIN "e

(Canadian Bren)

WINNIPEO; Jan. it-A last-minute

spurt was the solo feature to an other Wise unis: eesliorl on the Winnipeg gr-llin exchange Saturday. Wheat price: closed with net gain: of mic M. cent, May at 83% and July 5t centl. Earlier operation: had been of r local. routine character with trader! apparently diffldcnt on entering the market pending possible improvement in (Miranda's wheat-export trade No sale: abroad were reported Saturday a-s for lgn importer: pursued their "mark- line" policy.

Broomhell. well-known English Iteilltician, re rtcd world sbpimentr of wheel and nun so fal- this crop 3W" nt 22 .000, bushels lllurlier in the season he c: lmutell world rc- qulrements-at 556, .000 bushel: for the entire season.

(‘ssh and coarse grain: also were

dull. _

CHICAGO. Jan. G-With increased trad-s activity bhown. what lmouutui Saturday to the beet price level rem-hell since Dec. 15.

Disclosure that “D8111 quantitle: of

No 2 led winter wheut in Chicago elevator: bad been taken for ship- ment eiselw the pas few dayl.

corn. ry-o and barley here bad also been ordered uwmy atruoled considerable attention. Report: today pointed to augmented feeding of wheat to livestock.

Wheat closed firm. Q in 11A above yesterday's finish. hilly $100M. to ll’. corn 154% up. .\iay DOllQ-l/t. oats 1.4M. advances, and provision: unchanged in n rim nf if’. cents

pound gained 8-10 o! a cent at $400 1-10 and the American dollar was L10 of one percent higher at 15-32 of one percent discount. The French frnne held unchanged at 059 cents.

xxxxgvxxn‘xa‘x_m‘ A A v

Advertising Rates-Payable in Advance

Central Guardian locals, 4e per werd| Western and Enter: locals, 8e

per worn!‘ hnnsnneennnt: Qld Coming lvent:_ lo pr: word; Olnuliled

go‘ per ward; in Memorials: Notices, 70a pr: inch; Lin: el Ilornl and h I

tuni Offerings, Cards, etc , do

per name; latter: 0| Condolence 10o

. per inch: Notices of Thank: and lplranlnfcn. 70a. per Incl or do. Id

word ma" rote: on application

lllnlranm Chane for any advertise-eat twenty-fin cells.

O QO§§O§OQN

ro-veaoé \

‘Natl-IE; he xii-own,’ Caheinltlr-lm! To

payable in__ndv_auoo.

T0 BENT-WARM FURNISHED w rooms, centrally located, 177

-E-t-e-L—— Grafton. L-3407-1-5-Sl

AuENTS, WANTED FOR P. E. l. Good proposition. Apply 514 Den-

TO LET-FURNISH OR UN-

iurniahed rooms. heated, 189 m‘ 3mm" Hw“,';.¥j¢§1;4.;1_ Hillsboro st. L-sm-l-r-ai For Sale Boarders Wanted

OASDSOAID SUITABLE IOI fiyfigfiygn‘ 59005310114131) 1111111: outhnusu. etc. 1r w near r. w. o. Avvlv 800 not st. sheet. Guardian Oflios. u. n-sm-l-s-al.

I03 BALI -. NEWLY IIIQIEN- ed cow. priced low. H. Dennis. Marshiield. _ 1-3900-1-4-61.

oa l non

v-a m mu wuaolaoon-n Write

Sou I14, Charlottetown. L-SMl-l-i-ii.

yo: can - AUCTION eon-ri- lllve. Bridge and Soon Cards. Guardian Central Job Printery

, an. l-tf Want? .

warn-an .. one ‘maniac dressed hop: Thursdlli. January lo. dram: attached. Highest market price. A. F. outclifie, Hun- m- River, n-asel-l-s-sl.

Help Wanted l IIAIIIID '

court. Ixrln- isnced in m humid. ‘£211.30

rwo STUDENTS couroannay accommodated I King Square. Lrddflfl-l-d-dl.

ONE OI. TWO STUDENTS, OI other aocomodated, fourth door

non-i college. 10! weymouth St. 11-3401-1-5-81

srunnrrs accouonann-l-l Orlebar sum. bSGSI-l-‘l-Si

srunarvrs acooluonll-rrn with beers and heated rotml.

' Miscellaneous

manners 1n nuoll 8133' “f: ‘s? “tween! u fy . . ‘

River.

LOSB-PAII.'IOIIOIII.IK|II [lanolin nah moan ear. Finder please ban dill answers. sense.

MINING

(Canadian Prul)

TORONTO. Jen. d-hlining :hares were mildly loft in tone in the cloa- ing session o! the week on the Tor- onto stock exchange. Senior golds with the lexceptlon of Btelorne were decidedly quiet and the base metal: and sliver: nhares sl:o were llugglah.

The index for 20 gold: and for 20 miscellaneous line: oled lower. Volume we: off less than 400,000 sllaru.

A out 5,000,:h:re: of Bralorne came out on a price drop of as cent: to $11. The ion we: reduced to 40 cent: he- fore the close Hollinger. Doule. Lake Shore, McIntyre, Pioneer and Wright Hargreaves receded 5 to 25 cent: each and Teck Hughe: firmed 2 to 4.02.

nlldin: Prcll) Jan 5-

(C TORONTO, Stock:

Ulerl y . . . Coluluarlo . (lounnou W I’

Conlnrum . . . . . .

'Mt.’l. Stock '- Exchange

(Quotations iurniahed by Johann and 'W:rd members of flu Manfred Steel Exchange. Ientrsll (‘urb Ila: ket, 1M Richmond Street. Chas-loll:- town.)

Stocks Opened Lani Bathulet A ... ... ... .. 0% 6 Bail-urn. A . . 1V, 07p Bell Tel ... .... 129 120 Brut '1‘ l. Pow . . 1119,, 101A B (I Pow A ... . .... 3H4 30 H i.‘ l'(\v B ... .. . 4E1; s Bria-k Sik 10% Jill/y hullll Prod 21W.- (‘sn Brunae .. "0 20!‘; Can (‘ur Com s, (‘ull Car llid 1|" . Cel Corn .. 28% 77s 6B l 1% I 7 lil 131,1 8% 4V (l2 o: bl,» Dom Tex Com . . . . 82h, Gen Steel Wore: . ... 4% 41¢ Gilfilfl . . .. .. 0% ill, flypuum . ... ... ill/g Ill, How Smith Paper ... .. 111A ill, Boll Gold Mines ... 100 100 lntl Nickel . 23‘, Intl Pow .. 511, Massey Harris lil llicColl Front 141 Mont Pow Sil- Natl Brew . . a2? Nmt Steel Car .. isl, Quebec Pow 17 St Law Pill 7 Shuwinigaa 10 Shep William: 101 South Can Pow 131/ Steel Co Can Com . 4M’, Steel Co Can Ilid 431,; \vlii) Cotton .. 21y, Win Elec .. 2 BANKS Commerce 1m llontrce! :01 Nova Scotia ‘.130 Royal 1091/,

N. Y. Sito ck Exchange

Goldboro.

Authorized Capital . . . . . . . - - . . Issued for property . . . . . . . . . T0 be outstanding (including

Property comprises 1020 acres and is situ flied ill Guy$b°l°ll8h C°- N- 3» 6K8! 0f Development work has reached a point of having two shafts of one

_. 300,000 Shares y g p. SEAL HARBOUR GOLD Ml-NES A

Limited

(No Personal Liability)

Incorporated under the Laws of the Province of Ontarie.

Officers and Directors PRESIDENT,

Frank H. Pattinson, President, Geo. Pattinson & Co., Ltd., Preston, Ont.

VICE-PRESIDENT AND SECRETARY,

Joseph Montgomery, Barrister, Toronto, Ont.

TREASURER, F. l. McQueen, Toronto, Ontario.

DIRECTORS,

Wellington G. Krug, lllullllfacturer, Chelsey, Ont. F. S. Arntfield, President Arntfield Gold Mines Ltd., Toronto, Ont. Frank J. Brennan, Director Irving Oil Co., Ltd., Saint John, N, B.

TRANSFER AGENTS

Trusts and Guarantee Company, Toronto, Ont. Eastern Trust Company, Saint John, N. B.

CAPITALIZATION

Shares $1.00 per value.

dollars per ton.

All legal details in connection with this issue Will be Esquire, of Toronto, Ont., for the Company , 811d M98515. P011“ 8r Ritchie of Saint

John, N. B, for

thisoffering)

hundred feet each and levels worked for a distance of over seven hundred feet through three belts, at least, of sixty, twenty and seven feet in width with or run-

PRICE: $1.00 per share

We offer these shares as an attractive 806010815011 if. a8 and When Issued and

Further particulars gladly furnished on request-

tlle undersigned.

The books of the Company have been audited by Messrs P, S. Ros & Sons acting on behalf of

the undo rsigned.

IRVING, BRENNAN & CO., LTD.

Charlottetown

Saint John

‘ ‘ in this advn‘ to be

‘ while not guaranteed are based upon iniornnition which we believe

correct.

. '. . . . . 1,000,000 shares 400,000 763,522

approved by Joseph Montgomery,

46 6C

us. PllRTS ull BENEHTING BY uluulllcl

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

SADIT JOHN, N.B., Jan. 5- Efiorts to defeat the plan to ben- eiit Canadian ports through the Empire trade agreements by ship- ping Canadian grain to the United Kingdom from New York and still obtaining preicrcntial tariff treat- ment have been unsuccessful. so far, Minister of Trade and Com- mcrce R. B. Hanson said at a banquet in his honor here tonight.

Recent lncrcnsPs in the move- ment of Cnrlmilnn grain ihrollyll United States ports had been mode up oi grain destined ior foreign countries and Canadian pcrfla were handling the whrnt bound for the United Kingdom.

"Prom time to time efforts have barn mode to overcome and ricfeat the preferred position we have re- ceived in the markets oi the Unit- Bd Kingdom and to obtain thc preference ior Canmiian grain stored in Buffalo." said the Min- ister. "Experimental have been made, but so far as I can learn not on nnv one occasion has the preference been extended by the British authorities to Can- adian grain shipped throuch Am- crican ports. it havln" been found impracticable to bill Canadian ‘train from Fort William and Port Arthur or from Canadian points at the foot of th" Trikes on through bill oi lndlng direct to the United Kimrdnm.

"Verv rccmtiv and since cnminlz into the department. mv attention has been directed to the fact that between Aug. l and Nov. 23 a very substantial nuantitv oi Canndian wheat had been shipped out via the port oi Nv-w York.

"Being fearful that a nortion ni this grain was being shipped in the United Kingdom and Pcrnrderl the British preference. I txwlr stcns to ascertain the fact: and l find that whll~ ln the neriod in nurs-

.\lr.\iiliuh .

yguvnupr (P furnished by Jollnato.

Merl on and Ward member: of the Mont

mu on real Stool: Exchange, Montrea

Min Corp .. Curb Market, 15d Richmond streel

Nllrlaslng Charlottetown). - -

Nggarillilir - Stork: o 1| rung five to ten

ma‘ o“ n Pile plat

Poymuster .

llet Co

Pick Cro

P111118“ Allis Chaim

Premier Atl Ref

$35 ‘Yin. ific °‘"‘ ""

,, .

Reno cola . a... mi gfiim’... ' received by us. AmAm Loco Am Pow Light Am ad Am Smelt Rfg Am Tel T Am Sugar Am Tob B . Anaconda Cop Atchlson Auburn Auto . Bald Loco

it Ohio Barn A . i gertlh Aviation I .. .. e Steel .. Wbfle Bag . 9 Brigg: __ g ' 5 Eye's Add“ .. urr u

Total sales 002,000. mo Con Oil “P, _

Can Dry Gin Ale UNLISTED (Con 15.110

fuse llrcoh '

Aldcnnse . . n, v.1 C...» Fredericton

Baldwin 11,5, Com Sou

Brett Tr ... . . . . . . . .. 21,; Con!’ Nairn . The - I l l

Brownies .. .. ... 20;. Chen Ohio

‘Can Kirk 31/4 l.‘hic North ..

- - OhTSSIor Mot .

1% Columb Curb .. Col Fuel lrnn 4.; Colum Ga: llilec 7 ‘(Zorn gel .. ~ .011 fll .- 8" M k At A ‘on an ' Cora Prod , a r gel! Hud "u: Dullont . rlns-tmoll Kodak ff?” Elcc Auto Lire Co git-s Elec Pow mgm .,' First Natl Stores 51:"? luewo" T?‘ -- "'12 (Canadian Prue) Gen Asphalt f5,‘ gen illleo . . 221; Toronto and AIODCIGLIP-lllflildifiiil en ioior: .. 3i shares irregularly lowpr. Gen Fwd‘ ' ' ' - -- 311% Tomato “iil0S—-LOW€l‘. ilold Dust . 17% New York-Stocks closed higher. (‘roodrlch Rub 11% Winnlpeg—\Vhent closed higher. l-oonlyear liub 1014. New York-Cotton. ullgur and rub- - 31,-; her lower: cofica higher. l7 T???‘ "a s "J 2w. 11.568 1180i! il-‘lf-l uournaflcluuim Pise-"lilu r Ken C‘ 2'2" a. an. r a 0P e1‘ .

foreign exchange in relation to lnlmbcrtpCou ic““'“""“ 7"")

‘anndlnn dollnr us cum lllfld b MR Myers‘ l3 ' . .

lioyall Bonk of Canada, 11:10pm] gag? Liquid (lnrh MONTREAL. 51,111; 0*

day ll follows :- ltocwn lncnrp q‘, whw" "PiflmJ "f4"

Argentina peso .2400. Mflvk Truck by” "m-IQKL.“ “i: f“ Australia pound Ii 81188. 7th?’ 0"“ L, “. n“ t’ "i Allliriu schilling i887. '54? “M” L “ m‘ ‘i 4*‘ Bflmum new‘ 2341 M- (luls fcell no l 40. CM,“ Ho“, K0“: duh" JNL 26x1 i-luur spring wllr-ut pnfrllis flrsio Denmark krolzc 2181. mi? 40' - grades franc .0060. Natl Ill: w" glfis‘: gfk°u';_g“g"9ip aim.“ flaallxfhgzlsg: x fl "n", Pr“ “H? Flour wlntor whcut patent: choice Holland flor-in .0100. 8.; -' ’~ Kuhn", pen“) AWL 2‘ Flour “...-L corn $5 00 to l5 80. indie l-u ee .8095. 10% m“ “’" M‘. ‘t. New 2e: nd pound 8.01M. gfl-l/ shot" m“ u“ J Nun", "on. .2 _ ‘My liol-led oats hug 00 lba 03.1.25. 3mm, Am“ "m", ‘NIL “ya Rolled out: bag 00 lbs $130. 5mm “m. ‘nun 25V Hey noNZ perotou curlers 81h 00. Fwd!“ krona _un‘ 1M1: ghee» o 1 t nt 10% to 10%. r-wltsrnlsnd franc 8288. ' Pullman Cc .. 4n F“ s’; no 1 My’; United State: dollar iii-iii per cent Radio Corp .. 5% If“ n “Hm” l M's“ m‘ discount. ltcp 1r n Steel . 1s m“! x i mLTPrm-fis (Canadian Peon) Sear: oebuck 40 ER“ A 1 p“ 3;! ‘ ' NEW roux, Jan. ii-Foreign ex- Sucony Vnc 14 f“ A ‘"1? w...

chant! Olly. Great Britain high 4.02 l-louth Pao 1n if“ A meilug‘

it: low 4M: don 4.92 - o0 dny Mouth Rail . my, n“: 5 f“ ° ti”

l" 491 i Ffllll-‘Q 9-5“; Italy Stand Brand: . 1n yr‘! 1; Mae '2

809; Belg ran 28 3i; Germany 40.33 Stand (ins lllleo .. 41,4 p?‘ g i? um ‘

°'“'“ 1-°° "'3"- - ‘ “"114 0" fill ~ 31% l-ggtss: on» so- 46-17

. Stand Oil N J’ 431/, pohm" N 1'; 30-. “.50

- Stewart Werner . n14. p g 1 39-, 50,53 ‘ Nmdwn" - 3K (Onnorlinn Press) Tllmllvlll 4 MONTREAL .1" s-s-llm fuiurrl TH" P“ finished ca: llghtcoi week's: trailln T" Gill! 5111 - 34% since the opening 0f the Councilor?

’ 9...... ...... scream. ‘.“';‘§'°"‘t’. ism". v "0"" : c : ur u ~. IONTRI L. Jan. o-Pricel were ull!" P" -- 193.1 chang’ hand: in the 01.2.0 llz?i'i'!r:i.::- Nlly higher 0| the Montreal pre- "mm! m” W‘ 27".‘ "m" ll llllinl Illa week's total in 48 50cc and dairy market rm week with ""0"" ll" 1m -- 11% 11% loi: a: compared “m. 1a m prcvlou: ex tion of potatp Among”; ll iml Al . 44 4i work. ' which d Ill ed. 17-! Rubber 10 Price: were l.'i points lower to 40 deeded oi so is U 3 gm" 2? balm: higher. May and September l or lee: pl ed one to two cent: U, 5 5"“ 39% FflCh hed two contract: transacted It ‘I cents for A ler . S to \lll Neel 91 May closets: 56 d0 a: compared with A-rnodilm as n cent: “it'll” "P" C 4‘ .11 no ms on Friday whlio September the a . il u to mm m a and llflrvflu lg»- ‘if ~ m" leilla n 51.20 finished. m Ileen e been hed. Iaeelpaa were l‘ ll l1 any at 51. bid Qgjlnqt 5n s5 pm I000! . "h" m" f’ the review: day. l better h sum: er lea: ad- Wllillllllflh 0o A sr"w roar: In. puss; s: 1s ' Y ll 1‘ ck ' “ti. ".213. has»: Li" ‘ liii“.qt.°.'.';“‘itl," .l>;.;'=~- <"~~ l: - - ~ -- ~ :vera e .2 ua : con . 2'0 nesweronnean at 4.1m a yin: [p71]. 1550, $51100“: were a out: and weretnruceived. h m‘ tilrlrdk‘ ' “ “ 0. 130mm OIOOOO $10G lip K t0 l7 cents for QIIIDIQI, d8 to S0 (‘Mill Wee-k a o lllrlb yenry aim 127.5