28. 1948_

we worm new

CANADA SAVINGS BONDS

From

F. J. BRENNAN £9’ OO. LTD.

Members Investment Dealers‘ Association o! Canada

E. M. BAGNALL — Manager 14: nioiimond Street - Charlottetown - Telephone 1470 Bslnt John, Moacton, Fredericton, llslilsx, Sydney

}

Shipping News‘

Sillled Wedneailuy-

fltl. A1‘ SAINT JOHN- Arrived “cilnesilay

imperial Welland, for Si. John's, N

NEW YORK“ Oct. 27-(AP)— The stock market operated in low- er price territory today despite half-hearted attempts to pull ahead.

l-‘lnal prices were off by frac- tions to around 2 points. Most of the damage was done soon after the opening bell and the rest o! the day was spent trying to recoup. The losses were trimmed in ninny cases and a fair number of key is- sues ended a bit higher.

Volume dropped below 1,000,000

l1‘ 3513'“- N°"“- h a ltl 1.140.000 u-ylvoll wsoimoay Sailed Wednesday 5ruf§d’uy_ “m?” w ‘

imliiﬂal Hamax’ 1mm saint Olga S)’ w" Argent“! Offerings centred on the steel "hi" N‘ B’ Duffon“ 8011' Halifux- group largely because a widespread rumor failed to pun out. Many of C R O S S R D Wall Street's experts had figured ' Elllljﬁl [JULIA that U. S. Steel Corp. would come _ ‘c3955 zJ-opuhum. nMuhme, ijlfllltl out with a special dividend after LBackot 3 giving-bird rorclelmng Haw ' Egliﬂgl: tine directors» ‘neeting late Tues.

_ the neck . ooden i . tt d r Bl’- lTitles 4. RellevespmﬂlcCooutiziralgseee s Eglﬁgmmgml“ Big steels board. though, voted (Turkj 514m]. 2r Round ' ‘ ' u only the usual $1.25 quarterly pay- ’; ‘?’"°""‘ 6 §°““.,'°’ 2 °"°°‘° iii."§;.§§°§i.§§”l1.'ll‘$1ili°lilidm$l

. 0 e . re c 9. U d‘ '

g9 31:3“; ‘Ll-iebamw 3a sfbénfd°d but it was not_until this morning rogdway prophet 3L Laud [a that the New liork market had its

1i. Male deer 8. Severetivist 33. City oi - ' 5° '

12. Diversion in amuscle canals mg Bus]. x - A‘ Tmmm” , l“; pan 0g 1L Old "on. (Eur , "merd-y.‘ ‘ma, TORONTO, Oct. 21-(CP)-Pn t- “m be" 13; can; 34' p“ch'er ' ' es till-Tiled slowly downward in oct- 15. Dry. as wine 1G. A confused 37. Safe-keep- 45. Steal gfchtggglenliogg) ugnslozzttglssglclgc 1 c bi i '- - 1 meqnlglsy 19_ 22,30, 40 Eight"! ‘a ifgxim’; lied. Golds were easier as most of lliPreeious 2I.Esklmo tool 42. Coin (Turk) 48.Relativo_ lllssfe°rﬂi°gi‘$23312Qa§fe““1“""°5' stone . -

=~ H" 225.21‘;.:'":..“°:;:..::;: '23 tiara?’ noon index but recovered slightly 242338" in the last hour. Consolidated

l6. Foreigners J8. Ringing and musical 30. Run at {uli speed

'86. Elevations l golf) I8. Gull (Eur) ‘ID. Obese ‘u. Knock I43. Northeast ~ tabbr.) . Coronet 47. A Hindu mystic 9. sluggish . Man's nsms 1. River lEur.) 51 Rational . DOWN t. A spice

DAILY CRYPTOQUOTE——HCIC'S how to work it: AXYDLBAAXB hLONGFELLOW

. Ono letter simply stands for another. In this example A is used‘

or the three Us. X for the two Us, etc. Single letters. apos-

ophesJhe length and formation oi‘ the words are all hints. Each the code letters are different.

A Oryptogrum Quotation ‘EAODM 0H BVK HV HXVIK GCK IVVE DVI

XXIX KXMIM OH FANFJl-l IVCIKMHJ-MEMIHVB.

‘_ Yesterday's Cryptoquote: HE'S‘ AN ABSENT-MTNDED BEG- GAR, AND HIS WEAKNESSES ARE GREAT-KIPLING.‘ Distributed by King l-‘ealuics Syndirsle. Inc.’

Quickies By Ken Reynolds

Smelters lost 1 1-4 at I22 1-2 and’ .Quemont and Noranda dropped fractions. Pcnd Oreille, Reeves ,MocDonnld. Labrador am’. Gulf iLead were down 5 to 15 cents. [Quebec Labrador, Silanco. Inter- jnational Nickel and Hudson Bay fShiiiiVﬁd improvement. i At Montreal I MONTREAL, Oct. 27 — (GP)- ‘Losses narrowly edged out gains in fairly active trading by selected industrials today on the Montreal Stock Exchange and Curb Market. _ There were 10 issues with turnover ‘of more than 1,00 shares each. Min-l .0! failed to establish any defcnitcl 'irend during active trading. ‘ industrial sales were approxi- lmately 44.900 shares while mines ‘totalled 281.300 shares, on increase- Qo! 56,800 shores over yesterday's itotol. i . Closing averages showed banks iofi .08 at 27.16; utilities up .2 at» _T5.9; industrials of! .8 at 133.3; pap- ‘ers oft .76 at 357.98 and golds up! .18 st 60.45. At London LONDON, Oct. 27— (Reuters)- Sharp rises ln copper shares pro-l vided the feature in the London! Stock Exchange today. i v This followed an announcement’ o! a dividend o! 1a 1-2d against 9d| by the Roan Antelope Company. y Other sections with the eXCep-i ilon of oils, were easier. Losses of; some pence were widespread. among irons and steels. Details ofi the Government's plan [or the nai-l tlonaiization of the industry will be l published next Friday. Meanwhile a little nervous selling is causing . lower levels. Toboccos and textiles were also slightly lower.

New York Exchange

Anaconda . Am Car and F 37 Beth Steel 38 7-8 N Y Central 16 3-4 Ches Ohio 39 Con Edison . 24 1-8 Elec Auto Lite 46 3-4 Gen Elec .. 42 1-4 Gen Mot . 65 1-2 Gen North Pfd . 47 1-2 Std Oil NJ .. .. 79 1-2 Keiinecott . .. . 59 3-4 Mont Word . 58 3-8 North Am I .. 16 1-2 Phil Pete 66 U S Rubber . 47 1-8 Radio Corp 3 Texas Corp . 60 ‘ United Air .. .. 27 3-4 West Eicc 28 1-8 \Vest Union l9 1-4 U S Siccl 34 1.3 BANKS i Commerce . . ,. 22 3.4 Montreal 26 3.4 Nova Scoilzi Jlfi l-2 Royal Bunk 24 7.3 Produce MONTREAL. Oct. 27 » - iCPl- Produce prices quoted hero today ”D I ‘ ' were rvpurivtl hy the Llgnﬁniq" on} encourage H, My," __ remember we sold our hwn lllJltgpsii-rtment oi Agriculture as fol.

power with o Guardian Want Ad!"

for!‘ Copprlall- l: arrangement will '

EA-gg/‘i-ﬁi-Fwipﬂ-ﬁ / ~ / / / /

Eggs: Free cases, A large 66;

Stock lVIarket Prices Dipped Slowly Yesterday

l l l _1000 Cas Treth .

Montreal Exchange

Abitibi ., .- 17 Asbestos - B A Oil .. Bldg Prod Bruck Silk Bell Teli

Con Brew .. Batliurst ..

Can Cement Can Pacific

Can Car Pfd .. Can Steam Can Paper . Cockshutt .. Can Vickers . DomBrldge Dom Coal Pfd . Don A .. Dis Song Dom Coal P Dis Seag . Dom Steel B . Dryden .

Fraser

Ford A . 26 1-2 Fez-lulu .... ... 23 3" Gvii St Wares 153a Ilow Smith 34 llam Bridge . 9 1'2 Hir Walker

Can Ind Al 13 1-2 int Nickel 37 1'4 imp Oil 19 1-4 Int Pete . 13 5'3 Ir Power 43 Inter Paper - 65 3-4 Con Smelt . 123 Lake Woods . 22 Massey Harris . 22 7-8 McCall Front 13 7-3 Nat St Car 23 1-4 Can Nor Pfd 9 3-8 Noranda . 53 1-2 Quebec Power . 17 1-4 Shianvlnignn 24 1-2 St Law .. 9 3-4 Si. Law 1st Pfd . 24 1-4 Si. Law 2nd PIC] 14 l-2 Dom Textile 11 l-2 Dom Tar .. 24 1-2 Wpg Elec A . 30 1-4 St of Ciin .. 8O Brazilian

Mining

(Canadian Press) TORONTO. Oct. 27— Sales Stock 14100 Am Yknils 6250 Anglo Cdn 14700 Apex . 5000 Armistice

72200 Ashley

2500 Astoria . 1500 Atlantic Oil 44900 Athona .. l3 3000 Aubelie . 12 100 Aunor 305 2625 Brigamac 24 20 Bk of N S 3G 50 Bk of Tor 35 49400 Base Met 59 2000 Bevcourt 25 3500 Bidgood . 13 1-2 2000 Borduiac 18 500 Braiorne 725 16500 Brewis 03 300 Buff Ank .

500 Buff Cdn 2175 Cal Edm

540 Cent Pat . 8000 Chem Res 7000 (Theskirk

‘ 2034 Chesterville | 49000 Ciirnlam . l 200 Cochcnour l 3000 Coloniac 1 100 Conlagns . i 11000 Con Home ‘ 305 Con Smelt .. l 1600 Comvcst I

115 ' 11500 Darngon 03 1-3 7100 Davies P . 29 3~4 109100 Denison . 15 i 6500 Delta 13 1-2 l 4000 Discovery 26 > 3800 Div Int ! 75 Dome . . l

42700 Dulnma _ 131500 Duvay 13000 E Moi . T550 Elder 12000 Eldona .. i730 Eureka I035 Falcon .

i med 57-60; A pullets 56-57; B 52-55; C 40.

Butler: Wholesale Quebec no 1 pasteurized 67 3-4; no 2 66 3-4; first grade vrcnmcry print job price 70 1-2. solids 69.

Cliccsc: (‘ur ill. receipts western white 30 l-S-SO (5-16; Quebec white 30. fob factory. Wholesale export

-pri(‘vs PiiSli‘l‘li \\‘lllll' 30 13-16-31; lQur-bvi- nliiiv 30 13-16-31. Domes- iii~ prices \\'l‘Sl<‘l‘ll while 34; colored .35 i-2. No nlhi-i" prices established.

Poizilncs: Qiic no I 75 lbs new 1.10-1.15; no 2 T5 lbs 75-00; N. B. no 1 T5 llis 1.30-1.35; PEI no 1 75 lbs 1.40.

f\f\f\f\

\ .../V il

iii

n‘ '15:‘

_ iTl-IE GUARDIAN. CHARLOTLIETTOYVNM

Al! Profits

900 Frobisher 650 Giant ..

4000 Goldcrest 2000 Gold Arrow . 3000 Goldhawk 20500 Goldvue 2700 Guay-ana . 2400 Gull Lead 18800 Hard Ro 1400 Hasaga . 2000 l-Iighwood 1100 Holling . . 5400 Home Oil 9400 Hosco 380 Hud Bay 20500 Hush Mal 100 Imp Bk .. 2350 Int Nickel . 9300 Int Uran 2500 Jacknlfe .. 2300 Joburko 33155 Jollet 3500 Kelore 515 Kerr Add 106800 Kirk Gold 3800 Kirk Lake . 300 Labrador . 7500 L Dufauii: 380 Lake Shore 200 La Luz 157 Lamaque 5100 Larder U 5500 Lebel . 5500 Leduc 1100 Leltch

NORTH AMERICAN LIFE

L. S. STEVENSON Brunch Manager

‘t 14o RICHMOND st. for Polieyholdon ‘

1-2

L8 1-2 1-4

3-4 3-8 1-2

A 302L178 lllllﬂllll Sﬂlllllﬁi

are still on sale this week!

Gel‘ your order in fodaq

AD. C 2948

I

7500 Llngman . 34 1500 Little LL - 72 4600 Louvicourt 56 , 6000 Lunward . 675 2000 Lynx . .. 6000 1300 Macassa 3155 7250 MacDonald . 2000 1100 Macfie .. 100 400 Madsen . . 650 200 Mal Gt 400 i100 McKenzie 4300 3000 McMarmzic . 3200 12100 Mid Cont 7400 105 Min Corp 1125 100 Negus 2000 2700 New Cal 3400 5036 New Jason 3500 5750 New lliari 51000 4750 New Pac . 300 5000 New North 15033 69400 New Norz 600 271050 Nicholson 100

Noranda 2000 Que Lab 700 Teck Hu

Norbenite S00 Que Man .. 1000 Thom Lund 20 1-4 Normelal 900 Queniont . B500 Torblt .. 97 Norpick 100 Reeves 21800 Tran Re 55 Nor Emp 1000 Regcourt . 4300 Un Keno 165 0Brien . 3000 Roxana 1046 UPI! Can 158 ‘ Okalta 130 Royal Bk " 680 Waite . 975 Orlac 4250 Rupununi 11 1-2 2000 Wlltsey . 03 Osisko 325 San Ant . 370 3500 Winora .... . 05 Pat: Pete 4000 Senator .. 54 700 Wright Hal‘ 225 Pumour 2000 Sannorm 06 1700 Ykniie B

Parbec 4891 Sherritt 235 2500 Ymir ...... .. .

Paymaster 439000 Silanco 39

Pen Rey 3500 Siscoe . 38 CURB

Piccadilly 700 Springe 152

Pickle Crow 900 Sleep Ro 166 1200 Dalhousie

Pore Pen .. 1100 Sullivan 140 1000 Foothills .

Preston 5500 Surf Inlet 09 1-2 360 Pend Ore

Proprietary 500 Sylvanite . 128 Total sales 1,810,000.

RcAVIoTQR

llADlﬂ-PllﬂNﬂliltrlPll VIIA-73

for the lover

\\ _of ﬁne things with an eye

for value

SOMETHING REALLY FINER IN A TABLE RADIO

RCA Victor Model

62 in cherry

wood and matched walnut veneers. ‘Golden Throat" tone . 4 o 6-tulis llsmlsrd and shortwave radio l . . continuously variable tone control I ~ . two built-in antennas | o I tilled hanapsrenl dials with lighted nu- merlls . l . l distinguished rom- pmion piece for library, den or

sitting room . . .

$00.50

Here's an inspired period cabinet design lo atlil beauty zmil dignity lo your home . - . anil herds recoril onil radio performance to liring cle- liglit to the family for years lo come.

In this newest of great Victrola rndio-plionogrnplis you enjoy tlio superlative tone quality of tlic "Golden Throat” —— for stanilaril and shortwave radio and for record reproduction. The compact new automatic changer pln_\s as many as l2 records wiili RCA \'iclor“s exclusive “Silent Sapphire”. This

rim go of

strumeut dealer's

I man mun inn-m m R! l I irlnr hhlmv.

/ RC 4 Victor and its Deniers pass on lo you 1hr prirc reductions mode possible bv the recent rmlurlion in Federal Excise To!

Value Features

° Magniﬁcent cabinet of Chippendale design

' Powerful 7-rube Long and Short Wave ' performance

I “Golden Throat”

° “Silent Sapphire”

e Push-Pull power output

' I2’! Dynamic speaker

' Continuous tone control

vnrcn $349.00

permanent jewel-point pickup ﬂoat! feather light on your records = eliminates needle noise without slightest sacriﬁce of the full tone

the original performance.

Tin cabinet is of 18th century Chippendale inﬂuence, distinguished iii liiie, in craftsmanship . . . in beauty of ﬁnish. It comes in hand- nibbcd heart and but! walnut vo- ncers with satin brass ﬁttings. Obey lliat impulse . . . see this ﬁne in-

toilay at your RCA Victor

NEW LOW PRICES ON ILL RC4 VICTOR RADIOS

ncAVltrron e

ICA VICTOR COMPANY LIMITED

Hollis: I Montreal 0 Ottawa 0 Toronto I

Winnipeg I

Colgsry l Voneolvol

R. C. A. Victor Radios, R. C. A. Victor Record Players

R. C. A. Victor Records

R. T. HOLMAN LTD.

Summeroide and Charlottetown

"Where Old Friends Meet"

Sold B!

I47 Great George Street

R. C. A. Victor Radios Sold At

MILLER BROS

Plioni 55S

so

'*-‘~"-'=-"Ha;_ turf '