i

FEBRCARY 2s. i949

i l Spssiailzins in Life insurance Analysis and Progrsmmlll!

n. s. sonnssn Unit Supervisor SUN LIFE OF CANADA

Ciiorlottehvlll. P. E. I. Phone 835

/

. NEW YORK, Feb. Z7-—(AP)-’I‘he stock market broke a long losing streak Saturday.

For the first time in seven days the general price level was un- changed—but not until some $1,- 500.000.000 had been lopped off the market value of all shares listed on the exchange.

First inkling that a turn was

nornross wnnrsn

We are in the market to buy a quantity. of small Katahdin. small Se-

‘h1g9 seed.

Contact - our Head Office in Char-

Iottetovvn—

LiiiiITT PDTATD 0D. LTD.

Phones 2102 - 318

BLDSED FDR STUCK-TAKING STANLEY. SHAW 8. PEARDON will be closed WEDNESDAY and THURSDAY For Stock Taking

JPROFESSIONAL CARDS/

iir. J. . ailan.‘

"LQB. Barrister, lolleltor, as. I onnmuows aomnmo i

1M Richmond Street {

lotteto PILL m.’ Tel. £880 .

B. Sc.

DENTIST Plohard Bulldlnl 151 Great. George St. DENTAL X-BAY

s»... zoom

Dr. A. L. Maolsaae

DENTIST Dent! X-lly

Whesaa Building, loom I 1T6 Grafton Street - Phone 201

Frederic A. Large. K.C.

Royal Bank of Canada Chambers

BABITSTEB, SOLIOITQB, NOTARY

Ch-slottefnwn, P-BJ. Successor ’ George J. Tweedy, 8.0.

Matheson 8r Peake

A. W. MATHESON. 11.0., A. H. PEAKE. B.A., LLB

Gaudet 8r Hazard

Barristers, Bollcltnre, Notaries, E00- Canadlan Bank o! Com rerc Bldg. MONEY TO LOAN

GILBERT A. GAUDET, B.A., LL.B. Canadian Bank of Commons Bldg.

Barristers, etc.

Collections - Mom-y in Man I0 Great George Street

lotteto .

Attorneys at Law

LOANS 0N CITY AND FARM

PROPERTIES 150 Richmond 8t.

Charlottetown. P.E.I.

Dr. W. R. Carson

Chlropraotn Palmer Graduate

CBARLOTTETOWN 201 Prince 8t.

J. A. MeGuigan

NOTARY, ETC.

BABRISTER, SOLIS] ‘OB. CUBBIE BUILDTYI"

Palmer 8s Haslam A. s. IIASLAM. as. LL.B.

_ Bnrrlster, Etc. Wllllﬂm A- R-ddln M si..¥i3l.2.?..'.".-.E5?"“’°" BA" use" LLB i MONEY 1'0 LOAN Lggniusrsza. souciron, me I ,_ _ _ . . .r.a|a .-n so. issanr- Broa ' " .'»....°.‘. 2m | J. s. TAYLOR l Money to Loan . couscous. optmuﬂ,‘ I Tun!“ i Eyes examined, ' es flt- i ~~ - t u_ _ ' Corner Kent ca. Queen Stsxi NHL w_ H|5G|N$ _ Office rm»... l956—llouse 101s; cmmrasnu Muouun“ A. Walthen Gauslet.

F‘ l

MacPhee & s somsnnau uusamols. on "He: am.

Currie Build! ig CHAIIAUPIIIUWN

Tel. I830

i

I20. Bu: ass i -

Trainer Fl. F. MaoPIIEE, J.A., 8.0

Barrlslarl. Etc.

Oiftowa.

MORRELL

LL.B.

DARBISTEII. SOLIUITOB, Etc.

Phillipe Building

lll Grafton ’ireet 1y to Loan ’

M. Alban Farmer

MONEY T0 LOAN

Collel

B.A.. LL.B.

BARIIIBTEII. BOLICITOB. Eta. Charlottetown. P. E. I.

Joseph R. MacMillan.

LL.B.

BAIT-METER. BOUOITOG. Ebe.

‘l5 Queen Street

rnona 11a l M") Dloney to Loan Uﬂllﬂcuolll COMPANY .. _ M _;._W cnAll-w r I Re AOPOUNTANI 1 ‘A, - =-- r-e w» Mosn.:*::f""“

g Charlottetown Poona m1 - gum |

iii i PM" "m

, A f n. n. oosus and onrsuv ii cases-ease soooonssrs ' °""'”"-' "i sn causal-ramm- m" ss drattoa rs N“ ‘Qsﬂrih. a . P511 Ieqll! rm...“ euroouvaL-Xnssamo.

0

Bell 8r Mathieson

BABBISTEBS, SOLICITORS. to. B. B. BELL, Dl.L.. . D. L. MATHIESON, L.B., H.0-

Pbone 1072

‘as the men.

brewing came Friday when a smart rally developed. Buying lacked punch. though, and the market soon ivont into reverse and closed lower. Saturday's advance was under the leadership of railway and air line stocks. Buying spilled over into other sections of the list but activ- ity centred on those groups. Gains ranged from fractions to an ex- treme ol about two points. .Voiume totalled 390.000 shares. compared with 250.000 ihe previous Saturday.

At Toronto

TORONTO, Feb. 27—(CP)-Pric- es showed considerable recovery strength in Saturday's trading on the Toronto Stock Exchange, though the majority of issues fin- ished with slight losses. Representative stocks making up the exchanges index showed little change on the day, industrials down .16 at 167.54, golds up .09 at 92.47, base metals down .82 at 94.95 and western oils down .34 at 45.72. Volume for the t\vo hours was 450,000 shares.

Base mctﬂls showed the most general weakness, though Golden Manitou made an 18-ccnt gain against the trend.

The gold list saw little action. Seniors were about unchanged.

Consolidated Astoria up 1: Gillies up 1 1-2; Wlliscy Coghlan down 1; down 1-4; Kirkland Golden Gate down 5-8; Nicholson up 1; and Aumaque and Senator Rouyn un- changed.

At Montreal

MONTREAL, Feb. 27 —-‘ (CH-—- Prices drifted moderately lower in quiet dealings during the two-hour session on the Montreal stock ex- change and curb market Saturday. Firming tendencies, however, were noted among leading indus- trials after a weeks continued downtrend which brought prices to low levels of almost a year. Mines generally dipped a lew pennies. Trading was quiet throughout the week. Saturday's session was u dull one.- Approximately 16,600 indus- trial shares changed hands against 11,000 the previous week-end ses- sion, while 93,400 mining shares were traded against 113,100 e week ago.

Of 147 issues traded on the two markets. 21 posted gains. 57 con- tinued on the downtrend and 69 remained unchanged. Four new 1949 highs and 34 new lows were established.

Closing averages indicated banks up .03 at 27.35; utilities off .2 at a new low of 70.2; industrials up .1 at 120.2: papers off .90 at a new low of 292.54 and golds of! .83 at 62.82.‘

Grain

WINNIPEG, Feb. 27 -— (CF)- Prlces showed a generally easier tone in the coarse grains futures market on Winnipeg grain ex- change Saturday.’

There was selling by various in- terests-attrlbuted to uncertainty regarding policy on the marketing oi‘ coarse grains-and the market was nervous and unsettled.

Buyers showed n tendency to hold off until the situation was clarified. There were fairly liberal offerings oi barley. Support was not very aggressive. Commission houses and local interests sold rye. There was some buying by Ameri- can interests. Trading was quiet st the start but expanded later.

The United Kingdom was allocat- ed 400.000 bushels oi‘ wheat under the Canadian contract.

Cash Grain:-—

Oats: 2 CW 78 1-2; ex 3 CW 72; 3 CW 70; ox l feed 69 3-4: 1 feed 69 1-4: 2 feed 67 3-4; 3 feed 64 1-4; trnck 67 1-2.

Barley: 1 CW G-row 1.16 3-4; 2 CW S-row 1.16 3-4; 1 CW 2-row 1.09 3-4; 2 CW Z-row 1.09 3-4; 3 CW 6-row 1.12; 1 feed 1.06: 2 feed 1.05: 3 feed 1.02 1-4; irnck 1.02 3-4; 2 CW yellow 1.09 3-4; 3 CW yellow 1.08 3-4. ~

For common ordinary sore throat

Bil-Operative Meeting

HARRINGTON HALL TUESDAY, MARCH l, l PM.

Mr. W. R. Show will discuss tire idea of Co-operation and other matters of interest to formers.

The lodies con come es well‘

SMlTti MocFARLANE suv noon.

Recovery Trend Saturday

Most active juniors were Duvay. P

New York Exolzangs

NE, GUAJJlLP-N- CIiARI-QUETQWN? irhcs ELEVEN gtmk Markets Shawed $,=,*,HQ;;,,*;;3.;§*,*.:; Pope Addresses Thousand

Your signature is all that is needed at Trans Canada Credit Corporation. trons e60 up can be your: the some day alter a irlendly. courteous interview. A itte lnsursnce policy on loans under $1000 at no extra cost cov- ers your unpaid balance.

Three, illunilred

——— TRANS-CANADA , NEW YORK. Feb. H—-(CP)—— cosy" Lyhnrrsn ' Stocks l. l. ROGER-B. Branch Manages Am Cor .... .. Plekarrl Bldg" 151 Gt. George 8t. Am Smell l" rottetovra. rhoae 187i». Am Tel A c nda Aﬂahﬂon __ ssoo Cent Led Bagdwgn 600 Cent Pat B and Q 1500 Cheskirk .. Bendix _ 600 Chestervliie . Beth _, 500 Chimo . . 14 Boeing _ 100 Chromium . 160 Borg 1000 Coastal . 25 gagerplua; 2000 Cochenour . 220 C and O .. 500 Colomac 05 1-2 Chrysler __ 14160 Cons Astoria . 38 C91 G55 700 Con Beattle . 53 com and 3 _ 2500 Con Home . 09 1-.l M“- now“ u Curtiss A .. onwes ... Cuyﬂgg Cum 9 5660 C071] Astoria .. - a 1-4 Douglas"... 55 123.0 growivshralget. 11 , , v . - Elec Auto - BV BB 8 B _ ' ' _ ' Erie 500 Decaita Pope Plus XII raises 111s arms in greeting as he speaks to 300,000 person-s cwwdlnz 5&4 gel-l; Gen El 100 Delhlte Bquare 0n Sunday. His address, beamed around the world by mile ll lll llﬂllllil. “W83- 9 GB" MOW" 50° 99mm" prtsomneni. in Himgary of Joseph Cardinal Mindsunty. i Goodrich . 6:) 7-8 1000 Detta .. 152 ti t l!!!‘ it” .. . 3000 Discovery 300 Madsgn _ 1300 Sullivan . lle o o . . 37 1-8 3600 Div ‘Int 110g M51 gr _ 2500 Sylvanite 144 "That is why we have already‘ 9 125 Dome 1-2 3g M; r; 500 Taku . . .. 29 had to make plans to bring our Harvester 2A 2100‘Donalda 2500 Mﬂamiliqiiw _ 1000 Thom Lund 17 1-2 purchases from Canada more into lnt Pop 46 2000 Dulams ' 1350 Negus . ,_ 3400 Torbrit 107 line with our ability to pay 1'01‘ Int Tel . 9 43000 Duvay 14 5400 New Cal , 2900 Trans Res . 56 them," he continued. "It is on 100d. J Mnv -» i: i: 500 East Leduc 29 seas New Jas .. 500 3n Keene 22g um the reaucgions liavelmaglslg KERN‘!- 790 E M81 ---- -. - 215 4000N No z 400 DP an had to come ut we've aso MOMS - g3 $2 1900 E Sumv - -- 375 2000 Nix Pail . 100 x6001"?! to reduce our purchases of some 3 ' 3590 Eider 60 2000 Nib_, . . 4135 ’nii.e . . other products like timber." 1O 7-8 T500 Elder Rt 00 l-Z "900 N' hol. .. . 26600 Wlltsey .. . 22 1-2 F d f“ |_ [he n|y q-jgm-jouj‘ 17 3-8 200 Falcon .. . 400 ‘i755 Niaiandzn. 1090 ‘vlllgait - 06 1'4 Thea‘; nvelﬁe 11131901131100 ran‘; material 23 zsoo Froblsher . 235 1000 Norbenlte . 12 100 Wright Her . .- 215 1111130715 from can“. mm as guj 15 3-4 1400 Giant . 510 12000 Nor-metal 294 . 3000 Yeliorex . . 27 export volume goes up that mean. s 5s 10200 Gillies 0s 1-4 1500 Not-pick . 0s 1-2 3500 Ymir .. . .. 04 1-2 mm 1mm,“ o; m..- mgteﬂagy 54 1'2 1000 Ghbe- . 63 300° Nmsema" ~ P7 1"’ Tm“ S?!“ 4 90°" The Chancellor oi’ we Eirchequcr 11 1-4 500 Goldale . 16 1-2 1100 North Inca . .1 j-‘M also said the present difficult“! g 33:: 22g‘? gﬂylﬁzig- zég 4288 ggrihland- 1'4 I I in Anglo-Canadian trade could be U H911 .. , 15 1-3 500 Goldhawk 600 Ogama 31$. h1g1 ‘filttlziatesrstegiarrllgzldgglae pu-in .. 40 3-4 50o Heva Gm .. 700 Okalta ' . s4 3-4 soorngh Bell 2000 OLeary H I B t N d “§f§‘°gw°,‘;m‘§°h§§“;1ﬂj‘§5f§,';g, - 25 1000 Highridga 7075 Grenada. e p 8 h"! and m Canada for shipping $5, 3-8 1% Holllnger . . 1-2 3000 Osisko steel to Eats,“ mropean comb ' Hos o .. 6'30 P P t .. ' . . _ ' ' _ .49 1-2 65o Hudc Bay . 44 1.2 also P2310158. caiiadiail Trada ‘c?’ d“ eﬁffﬂf” 1°’ 3°11: “ma” ‘I9 $4 215s Imp on .. . 1s 1.2 r000 Pan \Nest - if,“ inc?“ “(if “PP e - ' 1a 1-s 24 Int Nickel a2 1000 Partenan . fiver bf ‘Zfaglaatt: tingling“; Untd Corp 44 5-s 95o Int P te . . 9 1-4 50o r R “m, mm ' u s Rubber as as moo m can... 41 500 rieciieaaaeiiy .. L§§D3§°“§§,, 27a (c5, _ m“: °f "l" wmmmliiy 8881"" u s Steel 1o 5s 50o Jack Waite . 14 2000 Porc Reel‘ Edwin war)“, émem, an the “*3”- Vanadium . 20 3000 Jacola . ' . . 03 1100 Preston .. economic hel y can d ha g1 we Nwmany “e buy caimed 531mm‘ Warner ._ . 103-4 10o Kerr Add. .. 14 3-4 5000Purdy . her but 5h i’ a a ‘b ‘mn fwm _Rv§sle or umber from West u. . 1s 1500 Kirk Gold ,. o7 1-4 1700 Que Lab. '1 Jim‘ 3° °“ “Y 5 Scandinavia or bacon frvr Poland Westhse 1:1 22 v-s moo Kirk Lake s . 12s 2200 Que Man "g5 ffuaf‘, m‘ °’ cmma“ 9”“ because "we cm on M" it in Wiiiys . 5 315 Labrador _, _ 490 19g Quemon, ggi-Ystaﬂé} 21° 0:3: $1139‘ Dggglaﬁ- sterling, whereas similar Canadian Woolworth 45 3-8 7300 1, Dufgult 114 2m Rem-EL .. - supplies would cost us dollars." 15o Lake Shore . 12 1-2 2000 Roche . _ Th” be“ w“ °‘ 4°“? “"5 .1“ Sometimes the other par-tr to a 10o L Wasa. 40 5o Royal Bk _ 1° Se" "w" British Prvduvts 111 bilateral agreement insisted the! Pruduce aoo Lamaque sso 10o San Ant gigﬁgl-lerlllzldcillflwéuzrdl“ Prim Britain supply badly-needed steel BOOLarder U 031-4 5500 Senator ., ° a l l" e“ products. But in 1949 Canada 10o Leduc 1s zvso Sherritt .. i“ a" "$11151": miﬂvkw- _ would be the United Kiosdonre nsoo Lencourt .. o5 10o Sigma .. exam!‘ rigaburziqm ‘$01111 for largest steel market. - ‘WNTREAL- “b- ” " 1C9)’ 2%, " i; 333?.’ 233265,; 1 imagine that ‘we in Brirraiiigom . gmm" “w” qffilfd hfﬂasmf“ ssoo Louvlcourt so s00 Siaden 24 vonﬂrwe to swept the senerosity “mm ‘iommns y were reporte y t e om n- 70o MacDonald 49 12 1000 S . I | ‘ v _ _ V . pflnger_ 13g o lie American and Canadian R s1 t, m - itgfloggf""“'“t °' A"'°“"'"° '" aooo Macfle ...... .. 1o s00 Steep Ho 14s peoples. even 1f they new to osn- ...;‘,,“..’f,,°,l°l',..,,f;,,§“‘ Eggs: Free cases, A large M 34-

45 1-4; med 42 1-2-43; A pullets 40; B 40: C 32—34. ' Butter: Current receipts Quebec no 1 pasteurized 67 3-4; no 2 66 3-4; wholesale Quebec no 1 pas- teurized fresh and storage 68 1-2. First grade creamer-y print job price 70 1-2, solids 69.

Cheese: Current receipts western white 32 1-4; western colored 32 9-16 (fob); wholesale western white 32 (nominal); western colored 33 (nominal). No other prices estab- lished.

Potatoes: Quebec no 1 75 lbs new 1.25-4.35: NB no 1 75 lbs 1.45; PEI no 1 75 lbs 1.55; no 1 100 lbs 2.00. ‘

SHIPPING IIEWS

AT HALIFAX-

Arrived Saturday

Elizabeth Bakke from Genoa Arrived Sunday

Sibley Park from Saint John, N.

B

Silverplane. Far East

Sanat Clara Victory, Far East Vulcanla, Mediterranean ports Nova Scotla, Liverpool

Lady Nelson, B.W.I.

Slolerdyk, Far East

Sallerl Sunday ’

Doris Ciunies, for Liverpool Samaria, London

Vulcanla, New York

Due Monday

Fort Amherst from St. John's, Nfld.

Fort Townshend, New York

AT SAINT JOHN-

Arrived Sunday . Manchester Regiment, from Man- cheater

Star of Suez, United Kingdom Bssssno, Hull

Sailed Saturday

Mont Alta, for continental ports Pioneer Gem, New York

Salled Sunday

Lady Nelson, Halifax

Deilllan, Swansea and Avonmouth Cerinthus, India

1 Mining

. (Canadian Press) TORONTO, Feb. 2'!—

Sales Stock

500 Acme 1300 Anscon Lead 9M0 Anglo Cdn . 3400 Ang Rouyn 500 Apex .. 200 Area ..

Q a n n

h‘ u

f

H is

1000 Bagemac .. ... 1400 Base Mﬂ- ....... 1000 Besulieu 1000 Bevcourt 1000

t4 do

ss§§sassass§sos:aags§ss

pulsory figures.

ii

e

Dawn Mary Bteskley, of Onhawn, 0h!» was second lis junior oom-

New Year, I seid- iiower unbown; a

ifFor lioal Heat-Phone’ :240—-iisk For" “Princess” Top iluallty illrl SYDNEY iloal nu Iv

s. PICKARDY and courses! Lzmrnn

Pat Soulley, seen here, ls from Gran- ite club, Toronto. Maureen Senior, ‘I0- ronio, swa the Junior title. '

Smiling "ma. from Montreal are sisters, w“... and Frances Jauch. They are in their» first contest. They made their own bonneta and dresses.

iggﬁss‘ Qé.‘ w‘

ir unread; a tr

with fruit unharvestedi e path untrod; a-—- But never mind, never mind."

London ltxpress sen-toe i‘