1

A Market » Reports B’ STEWART JONESQ 00.. Charlottetown ctrapflllfl“ u crmmuascmumncr"

. ' <1 r‘ < .—-‘

.\lon Tram 3% Que Pow .. ' Shaw Pow Unit Ne .

Yon-REAL s-rocxs 111111 1111111 .. . 0pc 1041 '00.“ 100.15

.... 11- - --

1 I ficiijl. 111-11111

DOMINION 0s‘ 0,111,111,;

GUARANTEED nouns

' , .. C N R ... ... ll/Jpc 105i 101.00 0"" °IA;"',{,|,.,,,, nu c 1v 1: . U/fipc 111.10 101.35 103-1‘. Commnin Power ... . g ll -- - 4501101051 101.25 1

Pfptlilltlfi ... ... 0v v N R. ... .. dl/fipc 1068 101.3 1 011111111: i. P» . R .--4'/1nc100s 101.25 1 .

“ sltiub’ .. .1 - C N It ... ... 41350011155 111.1135 10435 1‘ ' "pout-r 11ml Pnncr ... .1. 'l_5 c, N it . . . . .. 0pc 1054 1011.00 101315 ' “B11111: 0t Commerce ... . 2M C N it ... tipc 1000 107.00 108.5 l‘ ,, .. C N It ... 5pc 111119 1117111) 103,25 111111-v C N R ' ' ‘ - -- 411-0 11110 101.00 100.21. _ ll II C0111

5m: 1000 101.00 106125 1101111410»: or CANADA BONDS

30 (Tux Exempt Innuesl

- -'i 111: . Or-t 1 10:11 100.10

3”; I (Taxable Issues) 1

l", ,,. 101i “m, _ 1| 1-1111-1-1- . . 01,1, p0 ...\0v 1 10:12 102.20 10.1.00 |l llrl-uw-rlm! ... ~15’; 11V; [l9 --- . “cu-pl 1':1r ... ... ... Ill!) 4V; D0 ... _ ' .. 11- a pc .....0<-t1.'i104:1 . . . .. .. ‘I 4% 11c ...n1-t1.-11044 . - ~ -- d" 4V1 11c ...l1‘ei>1 1040 . . . . . .. 1111.- .. .......0cti 1000 0.1.5.1 00.110 " . . 883 (11131 0011111111111 1.0-0) - 1.. ..l\‘ov1 1040-110 101.1411 1

. ..N0vi 1041-01 102.011 102.00 -- --N0x1 1041-51 1112.115 1112.110

10111111111 nsvu-zw ron Juan 4. 1011 1102111121111. rshslvn 11011111111

The earnings oi‘ Montreal Island Power (‘0., are now more than sut- tirient in cover interest on the 51,5 por cent lirst mortgage lmntls tlue in iilll‘! oi wllirh 50251111114) are outstanding. Dur- ing the past your, net revenue amount- ell to $.$!1.\11.i10i. but tixctl charges rall- mi for $015,070. .110 that ihcro was a tloflclt of .'l7i.ik<.'i. The rnmplrlv has hm] ilil‘ nlirantagn. h11\\'|-1'11r_ lit‘: year of nn n1|4iltonal hlnck ni’ 101100 i1. p. whit-ll is hcing tnkun by hlnntrenl Light. ll--11i J“ nm] Von-er PIIIIIOIVHIHH]. ulukluq 30.0011 ' l1. D_ in nil. Next (‘N-tailor another block of 10,000 h. p will be tnlu-n lvhich will mid .'i.’ii, r 1ver1-r11t tn H10 present

revenue as making: 40.0110 l1. p. 0r viouivit- thc 11111nunt that was being lio- liw-reli for tln- greater part of the year illfiti. it seems cir1nr_ tilen. that the timr- should not he (or llistunt whon sull- rtuntlai eurnngs will in», available 0n the ti per rent vuluulntire preferred stock,

, 1i i011 4111s martial l\'1vl\'t‘ll|§ ianu 911"" ' 111- Power

1.1.111: ".1. I.

nun-011 ('01-; r. . ... . ant1101||0r_v\\.|r1i . "n" ""1110" l‘o1\'11r 111111011111 lullvlik 1C1 .110] 1-‘01-1]

1... n. ii .. -

111111111 oily-F - _ ulingsl-ollrlue- A 1.. ... .. 100104111 ... 141

it Steel ... ... "El/i of which 10.000 shores nrr- outstanding. - 1 7T2 with a hnlnncc- available for the 15.000

silaros of common stack of 1m par vnlue. Such n situation would mean 11 rt-turn to .\l0ntr0ai Light, llent am] llwor of s considerable portion of the surplus earn- ings over and above the actual 410st of generation of the power, through its holdings of these stocks.

.1." 11.1% IiPOIIATlON SECURITIES:

10.132 M125 40.115 lllf17 lilllllil 107.23 1 liltltl 101.50 102.75

@041 0.14.50 00.15 RANK "TMPKM 2r.

a 4- m a A ~| a ~1

On:- 0t’ tho explanations gcrufrullr a11- l'F[\i(‘tl for a 11011111111 0f tin- liquidation m“ .03”; 1m‘ that has been going on in (‘nnaviinu - 10511 113,75 3733:‘, hank stocks (n1- some weeks past, in

1M7 ‘mgr, 1113511‘ that 11 certain amount oi‘ svritrhinl! over

my,‘ 104/35 19,1550 taking place. This is 11 reversal 0t the “m; 194315 1011,35 into New York hank stocks has been

1 Stewart Jones 8c Co.

1 Correspondent: o!

’ Greersshields 8c Co.

Members of the Montreal Stool; Exchange

_ phTlleMontral. -

. ...1vnv1 1o4n-r1s 104.20 1111.00! . ...\.11-1 1040-00 101.211 104.10

ciine was only $3,208, as compared witbq

A Y’S sro

l. A c1115 Market,

890011] to Johnston I Wild) OpenedIHiQhH/owllmlt

Assoc Brow ....... 7% 7% 1% ‘l gig‘ Missouri

. 12% D C ‘llesgrsm D0111 Stores . Eastern Dairies 17 Big 80s

111111111 011 ....| 55 c0 144 n0 H l0 Bccurit ... imperial Oil ... lm Tobacco .. in Petroleum

(‘nnsdn Pnuer P111111: 75 1-0111’:

.\l I. II Power Nat firs-w Nat M011] (‘ar Power (‘fir ..

icnn hank stocks 11.1 u \\'1]0lP lull] l'l~‘t‘ll to lr-vt-is that 141011-111] _\'|t~l1lrl far hc~low_ ilmsr- oi‘ (‘rlnntlnu stocks. Henry 131131111?‘ S

in the Falter] Status tlrovo. artwo- (‘anntiian hank stocks up 115love]! where i s less th1111 4 per gent yields were Willi-HS slum-u. 'l‘o(l11y New York hank strut-hrs fllVp yields from n little over 1i nor cent 5 (First National) to tl_ 7 and even ii per

n1| average of about ti ller cent (or T

CANADIAN NORTHERN POWER.

CORPORATIPN “"0111 v.1 . .| 0101.1 0014.1 0144.1 04:11.1 + 5'“?- “l? ' " w 111111111 ...l 44-111 481/1] 421.41 411414-211. "W1 "F4 The April earnings statement of (‘au- y T (-nm.h~__| 71/‘1 3| 71/‘! 714,1 +15; 09% 9-‘- arla Northern Power Corporation, suh- _ nlrlinrlos of Power (‘ornarntlilokn- 111111111’: ”'_ “"—'—_"'”"—"'— that the increase over-t e 8 ll" i" ‘ n! last year was not only the hest for 52% 1,17% any month this your to date hut was 5-16 03% substantially higher than the cumulntlvv- Add u equal snout 0t 40% 47% increase of thp tin-t thee months. Com-i amen, or nun oil. tojlh- pnrson with 1930 has steadily l"llll’"\'4"|i "455: '"|Yd':“m-' since the beginning of the year. In Jam; m: ‘H3 s“ 9|! IIIIF n o v .ul\l'.\'. not earnings shmved n decrease oi‘ cl.- ‘khl -" all‘); 3.348; in February, therp was an - 26 PIIPYQI 51% ‘J1 44 crcnsa oi’ $26142: in hisrtjh. n11 incrt-nsc - $111 39V:

0t 8.2%; and in April_ it is inst reporter] there was an increase 0f $21,732. “bile i gross in April rose 821.053. operation! . expenses were reduced $070. As comllill“ o1] with March, there was a seasonal d11- rllue in earnings, hut this your the 1111-‘

3 tirop 0f 811/“770, i11 1030. Hand in hand l

Air Be . 78 79% ... .. a on 0 01.1. f Cm‘ 121/, _ m‘ g at 11.1111 . 111,1. 1111/.‘ 111,1 1m A“ C!" l‘

_ B .1 1. . 10111 11% 10111. 11y _ m W: A r Tel

f,‘ a '33:’: An v1.11 I 210412214 201/. 221,1 -1.11

11 te 1m A '. r311 14, 1 hLflfndl 1 161m 17M] 16851 1-, Atrhison . 1411/,’ 141 141101-1014 +1152 4984-11. p n 14mm.“ _ m 39 Auh Auto . 170 100 170 180i 4 .. Re1,,,,,ce4;_;,,|n W, ' » 1 11111 01110 .. 4s| m 41 1111/1. + ‘A ' Shem, __ m, 59 54 5., gran £11411 1on1 11 10v. igrzwtlt LADIES SILK BAYON BLOOM- filscn .\1l . . 45 P 1 t" -~ - Qlgilllkkexirlil-‘Eé ' “'12 1021 ‘Li’, 321i’; 1'1 101,11 2111/, r0111! 2 Ens only m; P;_wu Bros" ma. 1.... | - ' 1' ' 1 ' l a . , E11? 1-(Z.§.."," “$11 $212, “Qithtfig cnvsuorsu 411m new aus- i _ p saw 0.1-1;- -- 5155' 1114.1 31312 fly; Qgéloow - The “Prodilll 50h” son: The Montreal ~- " ~ 1.21.1112. 1'. .... . sew-c- wu l» rendered on sud-y (‘r-nfoln .'i1 ll/il ‘Al-ti Q11" I';g;l--- algal 3132' 113:0 Mxwfif; evening. June 8th, 1h both the Csv- . 9 I ExCIld-Ilge m“ 5"" “M1410; 401m 41ng+11alendish snd New Glasgow United 1;”? 1111'; M101 %% chmhu‘ ii I >'1 ‘ '4 w 1 1 . . . .. .1. 1 2 Special to llohnsion i Ward) :0: ha?‘ ?g~l1?l+]14 ~ 0111-11111 1141011 11.1111~|1.11n “PH-E, an,“ W‘, 3W, 40,2’ +5 AT UIGG, on Sunday, June 7th, a Ab QPowRPuv ---i f‘? . 111-11 101111111 "401 4:1 4n 4x1 +2 service will be held on the Uigg 111101151. 1 ............. .'l"14101.101/1 1.101130% $1.21; l ‘y"-_,;,“""""". 3"" "mt" ‘H1 Church grounds at 2 o'clock. » 11 1- 1. Pow l 1Y1! 15‘.i-l14'/4| l“ 011110111111 l 1111.1 210-141 arm. r1011. +211 ‘ . .’ - '33 34 .1 - t": i; 53w“? “mil 3i 1V1’. 21 "M- ‘M 1111.1 02:21‘ vfllfyltlfi SUNDAY sanvrcss m1- the New ‘(TC 511M111?‘ -- - lot/ll will?‘ "[11" 111 113111 42141 411,41 121411.114 Glssgo Church or Christ, Bible 111:" 142M111? 00' 1 "' '\"“"° 1"? 1'3" 11ft! "T? School at i0 s. m., preaching service 111 t‘ 1 l l I 111 '11»!- . r11“! -11.! ... .- 4-1 . Ftilllfixfisii‘?! ...] 1,‘: "II 1m 0 yak,“ m,“ ‘ 5111,14,“? 5111.10’. at. 11 s. m., Evening service in the (‘an n r0 n ...,‘ L .. - 1;," pm, __ _ -

2:011“ Pi-xwllag; I a g7‘. 74 I _ 0111.: 011011 110011-411‘? C. Quiglcy, Pastor.

10-1-1 mince - luv“. 2011' -1ll 11.1.1111 m. .' . “i 3041211111015 ~

$111125," l “Til ‘i l ll 1311;113:110]: . l HAMPTON PASTORAL CHARGE 11.11.01.101.- 1101 1?’; 11/; 11-11/:,|_,,,_ "...; ,',_.;,+,,,j -The services 401- Sunday Junc 7th 1.“¢“1"15‘"’1- '11.: '.".'| I “'1 F4011" ‘an?! .. I 1:11.11 +V are Bonshsw at l1 and Dessble st 1111-‘ 11111111 . I zl1/1l 3111;] .1111 an, 0"}! “s, " " "I ’ 3 and Victoria 11t'i.:l0.R.ev.H.1=circe, u 11- o 11 1.111 I 10%

I

Que Power ' ’ ,' , Shrnvlrvzan . D 1 9 C of "u" -- Par r1111 .. y'all-non Win Electric p,“ 1-H"; . ~ . _ __ 111-1 1:111 d B d T$.'.'.‘.'.““I1"."....'.I.r""' 1:1," * 1 Cam a 0" 3 . . . - ,-, if \' S 1:11.10. 1111 l-vyul n‘ 11' n . --~— lit-m ilmnl

situation oi‘ two Wars n30. 11111-114111» 21"‘ l"lt"l\

for lli\'i'Fllll"lii’ truats and uliwr lzrouliu I 9"" "'1 0119011111 Pa» .

Ftntiellaizer cent. A review n tew rlays ago showed I T"\'"" F"

(‘aumiinn hank ntocks_ with none now n “ffll"--~ ‘ ’ under 5 per acut- yield. .\l0r¢ anti more '7 i‘ ("Til -- 4" 4911‘ 1 4 (‘nnntlinn securities have to ntliust l," 1'1"‘ <----'l4'l‘.-.>l l~1i-1-"‘1'/.1| llu-mnclres not only to 11011161?!" 10'1"]; L"? 2°75: 2W1: 9°59: ~——-—----~~~——--——— 1 r 1- . 1 . . 11 Q13’;g_.§‘"§,f,';,,,{““,,,f,!‘,fi;‘§f "at d9. l 11 s 1 .11 ....| 2112»,- 11014! 211-11! 111101-214 t-line in hank stocks is the dcrtninty o! s 5"‘; m‘ " i i’: 13:14: m? tint-reason] enrnlnlts this year. w -n kwtihu-n 7m “Li-I 97ilj|++é v Fwd.“ m John-Ion a win" 1w.- Talon ..| 10o 107i 1011 10114-212 “"51"? .

Wen El

- r

1- ‘

U

c ND BD Q00

New York

Central Guardian

0 Exchange 1 p g LADIES‘ llllfllll COATS 1 in Printed Linene. Bpectsl $1.98. Prowsc

Bros. Ltd. 4991-11.

Special to Johnston k wilt!)

+56 CIIUIOII lllVICl-Mlrshlleld-

+21‘ ticld smut Church service, Sillldly,

J1me 7th st 8 o'clock. Dr. A. C. Vin-

cent wiil be the preacher.

_ 1,-4- m,“ 21% a, w,‘ NIW ssrrusnr this morning o! 0414111044111141411014 144141. 811k Tums in assorted shades. Price

""""’4 "°“"'* 1"“ 11cc 111111 65c. Prowsc 21-01., Ltd.

55PM‘! l 110% 11 M 1001411215 lChslm ""

. 14

11012: 98161091’: +1511

' 201,9 2411 204-196 111/,

' '5'“ ma‘: Fredericton Church st 7.30 p. m. Wm.

a i!

B. A.,_wiii be the preacher. GgO. Ayers, Minister.

Rev.

bpecinl 111 3101111141111 .1 11111-411 1 141.1 . 10:11 100 -

M01011 ..

n . (‘r-r

(t lilo.- _ t) of (‘nl O ni‘ N J .. t1 of N \' .

, Refunding Rvtunlllng itonlh

r. e111 .11,

.i fillkl ‘WU "Fill 6514-2”. 1

“TNNIPEO GRAIN RANGE ‘\'llEA'l‘—

\\

'11iy . . lict

i-‘icts

GRUGERIES

“Regular Values

cunlcs POTTED 111141104 oz. 11111 3 0111 25c 0110101: PlLGi-IARDS, 1s u. tins, no 14c

111.1120 1:011:11 Oi-IIOKEN, a oz. 011 .. 37c 0110101: 110111111111, 1111-01 011, .. £10414‘: 0111410411411 run/trues, largo tin 2 m 23¢ ellrolrs IE-JAVA COFFEE,

Freshly ground .. .... :~.. Par lil. aixslrs cocci. V. "1- "11 -~~~:------~ 24c

8011:0110 1011.21 eaesn 4 rolls 25c 1100021 c1101: eousll, 111m or Brown .. 110 12c

BURDEN’! 8T. CHARLES lliLK, Iil ontias OAIIIIATIOII MILK, Tsii.

_ SPECIALI‘ ' POTATOES 15 LI. IIWT BAG!

NEW CABBAGE NEW CARBOTS ggnmgflfl_

with incrfilsfid engnings the 0011111115011“? N ‘ 1 "P" ta er gures 0r w ’ _ 88 are“. Goo,“ s"! output‘. Production in April u- ‘ 011'!

mounted to 24,311,010 it. W. ll- i" lllllll" l ,

"u'i""'tm in the corresponding month lJlllY ~ . - - - - -- ‘Jill/- 2904 29

otlnnn,“ loci .1014; 3014 001g | These prices effective from I , June 5th.—-6th.—8tl1.

40c

2 m 23c 1e 01.011 2401-23‘:

Each 2 lbs‘

CUCUHBIIB ‘ lCl-BIIG LITIUCI

SPECIAL

rsvvsm. suds-rennin

Stock up for present and future needs .

SPECIAL-- Choice Pink Salmon

1.210.101. 3 tins

—-EATO]i 1:11-

New Budget Places Tax on Tea

STOCK lIP AT 0L1] PRICES

SPECiAL-- , Standard Corn

2 tins

WSPECIAL

BANANA! 23 ct: 4 lbs- 25 ct: . u Lggralifgljcl 1.05%.: WATER MILLUN WAX "A"!

Tllifidtilflll STIIIBLELF- ..

a,‘

I

Sll OUR. TABLE o! ‘A price silk underwear. Prowse Bros, Ltd. 4994-11.

CHURCH NOTICE - Dr. R. F. Vihiston will speak three times sun- day and deliver three diltcrent messages. At. 11 a. m. he speaks st the Huelbrook Baptist. Church, at. 3 p. m. st the Crass Roads Chris- tian, Hid at '1 p. m. at s. Union service st Alexandria. '

LADIES’ SILK RAYON NIGHT- GOWN, lace trim sud plain. Price 89c. Prowse 5105., Ltd. 4994-11.

CHURCH 011‘ SCOTLAND -Rev. Ewen MucDougall, B- D.. will preach Saturday 6th, at. Milo Hall a; '4 p. m. and sabbath 7th a-t Coleman at 10.30; Summerside at ll: and Cape Traverse at 7p. hi. Also Wednesday 10th at Argyle Shore st 1.30 n. m

POULTRY ASSOCIATION MEETS —A largely attended meeting oi the P. E. I. Poultry Association was held on June 2nd. The important business o! the evening was a slight revision of the prize list, to bring up some classes to conlorm with new govern- ment regulationspsnd to make great- er concessions to the exhibitors by enlarging the class for breeding pens and incidentally increasing the prize money. An exhibitor will henceforth be able to show the different varieties , of low] in both the standard and util- ity classes. Disappointment. was ex- pressed that no class has been pro- vided for Pilt Game, as a. very large number o! entries have bccn receiv- cd for this brcrrcl oi fowl in the 110st. v WELCOME VISITORS. - Mr.

Rudolph Gaudct o.’ Moncton. ac-

companied by his with and son, is

spending a. [cw dnysin the city on :1- llsit. to his mother, Mrs. George

PAGE NW1!‘

TA T10 NS

i}

lAn Income of $100 A Month That You Cannot Lose

mink °I l‘ — t1 1110mm? 11100019 able ides tor providing you with u ihflfi W11 cuuld 110i‘- Outlive. that income of 100 a month-or whatever would follow you everywhere, that no amount you decide-tor your lute; business depression could destroy, years or ll’ you become totally 111;. th t no employer could cancel! Isn‘t abled. Don't. think because this Pig; thi what you would like to have? is being advertised to you by tho

Suvins money 11nd setting the in- Canadfl Lite that it is only "more in-

Itercst on it would be one way to surance.“ Its purpose is to mqkg

secure such an income. o! course. but you independent o! friends, relltivel ,

very (cw people can save money for or the heartlessness o! an employer ‘retirement {nu know how it is — when you get on in years and your 50111819111118 always 0011195 B1008 i0 earning powers tall lower and lower. wipe out the savings. Money which as they will. ‘ ‘can be 98-511)’ Wlihdfflwh l8 easily The Plan requires a. little eflort, oi EPGM- SBi/lflils must b9 Kelli: Safe. course, but is it. not wiser to lace the "even from the saver." ii‘ he is to facts about your future now than to ; have them lflber 011- A1111 Suppose you wait until it is too late? The ccnadn l became totally disabled and your Lite Plan is helping thousands oi ‘learning power stopped completely others; why not you? ' before you had enough money saved If you are a thrifty, torward- JO like BRIO 0f YOU. l5 there any 0r- looking Canadian. wishing to avoid ldiriary savings plan that would pr0~ dependence on any one tor your lvide you with the income you need’? support in your old age, we can help ‘There is a plan, a genuine, work- you. This Coupon brings you valuable information without obligation.

... .- ....-....1.....1...........---1-....

The Canada Lite Assurance Company, Toronto, Ont.

I am interested in this subject. Please send me by mail your booklet, “Getting the Income You Want." without obligation o! any kind on my part.

Name if. .

(Mr, Mrs., Miss)

Address ‘IS-M

1...... . . . . . . . . . . . . . . . . . . .....-"1-1-11-41-1-1-114.

PERSONALS regret to learn of his illness in the

P. E. I. Hospital.

The many friends oLPatrick St. John, Snuris, will regret to learn that 11c has entered the City Hospital.

Miss Margaret Young, oi the Tele- phone start‘ and her sister, Miss Pearl Young, left Saturday on s. visit to The many Irlends oi Mr. J. A. their aunt. Mrs. Magi-um Munn, in

Robertson, o! Goff Br0s., Ltd, will Boston.

A Publication

Gaurict. Mr. Gauclct is Mechanic- a. Supcrintendgnl. for Wrstmorcl land and Kent. Counties llfconnect- ion with the Highways Department oi New Brunswick. He has charge oi over $500,000 worth of road 111a- (hincry for thcsc counties. Patro’ work was started early this uprinz a1- noon as the weather condition" permitted and this week construc- tion and repairing will be started. Mr. Gaudet is an expert mechanic. oi’ thirty-live years’ experience and has held his present important posi- tion with thc New Brunswick Gov- ernment for the past three years.

rczallllllsllrs‘

eiiiIEl SKI]! TIIIIIIIIES j

I I

E E- G m m

i1- ill 11'1"

RA i5‘!

E Addrmu

. car- fliled and

"H111 lsfll‘

111111.111 \

For Investors

Investment Recommendations gives latest avail- able information and quotations on a bmad list of Public Utility 111.1 11111115411111 secrnitiex, with prices and yields on Dominion Government and Government-Guaranteed issues. A