per cant at i-l par premium- Livestock’ I. I“! N “Mia ., a l...

N? _ , 05K QUOTA TIUNS

THE CHARLOTTETOWN 6.11.1.1»...

{York Stock Exchange

(Canadian Preal) Stocks ' Close Am Blur 2% Am 9 Am Tel Tel 112% Am Water 8% Anaconda 22% Atchlson ~ 23% Atl Re! 18% Auburn 3 Bait Ohio 4% Bendix Av 9 Beth Steel 43% Che: Ohio 23% Chrysler 37% cns O11 7% Commonwealth 8 1 ConOan 36% Con Edison 17% Corn Products 54V. Ourtiss Wrliht 17% Elec Auto Lt 14 E'ec Pr Lt s14 Gen Elec 291i. en Foods 23% G: 1 Motors 271,5 Goodrich 10% Good ear Tim 16 Gt or Pid 131/. l-lud Mot Car 5% Int Harvester 53% Int Tel Tel s Kennecott 27% Mont Ward 20% Murray Cor 4 IN Y Centre 10 Natl Cash Reg 17% Nor Am Co 14% Nor Pacific av. Pack Motor 39g Paramount m,‘ Penn R R 15 Phil Morris 75% Phil Pet Co 28 Pub Sea" N J Pure Oil Co 8% Radio Co 5 Pafio Ke.’ h O 2% Sear: R409 Co 471/, Shell Union Oil 10 uth Paziiie 0% Std Oil J 40 Btude Corp 3% Texas Corp 33% niioc A11‘ 5% Unite: Drug 5 Unitec Corp a Unitec "Gas Imp 8%. 8 Rubber 23% U 8 Steel Co 39% U B Ind Al A 15% Vanadium 12 Warner Bros 3% West Union 171/, West Air Brake 10% West 1216C 65% Woolworth elm

Montreal Curb

(Canadian Preaa)

Bloch 0| Abitibi Com 1 Abltibi Pid 8% ' $1.05 48% B A O11 1B Beauharnoia 8 Bathurst A .. 8 Dom Tar d’ n 4 Fraser 10% Fraser V T C 10% A 15 Horne 011 104 O11 16% t Pete 26 Melchers Pref 5% cc Chm 876 ice Pid 3d

Stock Prices Hit New Lows In Mo n t real

Montreal Block Losses exte pOIMB. Steel c! Canada issues mowed the widest break with the common down imlr points to a new low at b8 and the poei ing to a new low at 54 1-2, 011 4 1-2. Other ooggistruot‘ lost about a point

e mo. ma» Brothers iaauea m the papers elsot’. abgzlt a point to

pc . r new marks were established by Domin- ion steel and Coal "B" and

Gunner Profits Show Improvement.

NET CUBBENT ‘ASSETS m. GREASE 8155.0" IN FULL YEAR 0F OPERATIONS.

v

111mm in canines and a flame? in net ext-rent as- " 6 revert, Gunner God Mince Ltd. 1oz- 1037. the first iull year od mill operation

Quentin: Profits were 6258.210. before write-cits ior depreciation and development, amounting to 9.7 cents a share on 2,054,131 shares outstanding in i937. This “P11199198 with $189,877 1n 1986. 1n- veatlnent income and prom on sales oi invest/menu: amounted to 816,310 1n 1937. whidl. brought iotal cash revenue above 10 cents a share. Alter mite-oils ct s32.- 7Zl for depreciation and $40,799 ior development. and other de- ductions. the net profit ior 1937 was 3192.782. or a ximately 7.3 cents a share. Th compares with a net o! $149510. or 5.6 cents a share in 1930.

Bullion recovery in 1837 amount- ed 1/0/8586357, compared with $378,871 in 1936. The mill treated an average c! 137.3 tons daily. the oversee value or ore milled

being $12.29 a bun. Gilbert A. It: -

Bine. President, comments that, important developments o! the current production is running past year was locating by diam. about 147 tons daily and could be ond drilling of the downward ex- irlcreased materially at nominal (ensign or m; 3 vein on me wfi- Operative costs were as levels. the s00. m. ‘loo. 876 and iollovws:- 1000 foot levels.

‘ TOTAL: COST PER TON HONTED Development and Exploration 69408.75 1.28 lvllnine 118.475. 1'1 z. 1a Mi-llinfl 06553.84 l 22 General Expenses 52,592.24 97 Ope. cost pa‘ ton one hoisted 307.l30.40 » . 5.65 Head Office Expense 12,120.78 .22

tion 32 .722 . 78 .80 Pro-operating charge 40.799325 .75 ‘Bots! Operating Expense 892,770.22 1.22

Mter u» amt a of thrcamcwe a aha-refuel- $3,511”,

admins account has from 8154.070 to 8204.007. The ling avenue namiieoied in w; m 1m w unsafe '1." 1m. ' will 8200.828. $188,267’ c! casl. on

gsulzarent closets

co

lwnltfioca in bullion, inventor- gsswuillézelainvveslmemufi $231353‘

I .

‘Hie hitter had a market value o! $2’! 500 at

mserva lot inoolne tax. Commenting on alctivlties at the mine, Mr. IaIBine says: "De- vgonlneagt on theigéllOO-foot level a mos enccurag . mportan ore bodies are being developed on the different veins and, in view of the satisfactory zeslzlts ob the main shaft has been deepen- ed to 1.2504001: level. giving two lww levels for immediate explora- tion.’ This, he says, will enable the management to complete plans for further depth development and exploration. with a view to pro- viding funds for new development. 50.000 treasury shares have been sold at 00 cenu a share and op- tions issued on another 200,000 shares at prices ranging from 90 cents to $1.50 a. share.

Mr. James Houston, mine man- ager. reports that one oi’ the most

é’ 2»

Broad gelling Wave Sends Stocks Lower

BY FREDMCK GARDNER Associated Preu Financial Writer NEW YORK. March ail-MP)- Leadlng surcks broke to new lows ior the past 5 years or longer in today’; market as a broad selling wave swept. industrials overboard for losses oi 1 to 5 points generally and much more in isolated 1a- stances. The Associated Press average o1 00 issues dropped 1.0 points at 34.5. a new bottom since A r11 f9, i038. 8px; industri?! ‘and u ll; ty ccmpos were a wors since 1086 and therailssince 1932. "Iii-IDIOT! totalled 1.721.750 shares compared with 1,249,400 in the preceding session. A drop oi 3 1-2 points to 42 in tionnl Nickel ieai/ured the Camdian list. Other issues were lower. walkers dropped 1

mt . Brazilian, Marconi. y" Oil. Lake Shore

opcrat rate. Mines weakened as spot silver was reduced in London and sliced another cent by Wash- ington. Carrier shares were sub- jected to less pressure than other 97911115-

Yesterdays Local Market Quotations

CORBEUIED FOB EVERY WED- NESDAY AFSIQUSEATURDAY$

lusrarT. MARKET b h 26c fitlfiamp? we Tunlips 2 for 5c Cab each 5o Beet- 4 lbs 10c Steak lb 11-390 Boas’ bee! 15-900 Stew meats 12-14c Chicken each 8541.10 Mutton lb 1446c (‘Kim _ 26-300 paw] 75-900 Oat bus 47-456 “ml. 1b 14-17c 00d 11$ 1 or"; ll’ r as Aggie; pk 26-653 Cranberries I lll 35¢ Pun: 4° 21291110‘. “.3 lettuce 2 bunches 25¢ Cauliflower head 25¢ gezncarrois burgh ' or" ... I NIH IOU-K OUBB _ (Canadian Praaal Shell 01°" .' 16% g 6TH?» m4 Ant Bu Power ‘A m“ s. p73.” n3.‘ Ilamoni l Qerv 1 lczadnltha l: N .

I Oil Om-p 34% Humble Oil 07 toothed Al! I n: m" l“

O11 4%

IANXI (Canalhn hen) ltocli “Ill Canada 00 Oommaroo 101% {antral 901 ova leotla

my“ 3g I'll

Produce Prices

MONTREAL, March Bil-w?)- Bvutter ruled iizm on Montreal open produce markets today and eggs and cheese held steady.

Butter was quoted at 36 cents a pound nominal ior No. 1 Ln oar- lots or less with. lots to retailers at 36 1-2-37 for solids and 87-37 1-2 for prints. v

Graded egg shipments in cariota or less were 31 1-2 cents a doun for A-large, 30 1-2 for A-lnedium and l9 1-2 for Apuilets.

_ Cheese was l5 1-2-3-4 cents a pound tor current western, maker.

ao-as; 50's an. s. w. I. No. l cow 1.50; ma. bushel a as.

GRAIN

WINNIIPDG. March lit-w?)- Ronliniscent o! war-time years when wheat prices were flucluat- ing widely, the cash price for No. 1 northern, Manitoba Basis, Fort William-Port Arthur, closed 10 cents higher today, at 1.52 3-4. With vintuall

P98

change skyrocketed the five-cent allowable limit and marked time with the spectacular cash values.

The greatest bull market o! 1938 came to Winnipeg despite sluggish condition oi United States wheat and the customary bearish influence oi’ beneficial precipit- ation in nearly all gain Ameri-

1-2 cents higher, May at 1.2.7 8-4. July 1 124.12 1-8 and Oct 91 7-8-91 1-8 cents.

with snail quantities in shipp- ing position, even the iO-oent price advance for No. 1 northern ialled to induce selling. That grade advanced tive cents when theMay future went up five cents. Durunn, in poor demand, declined rm cents.

Heavy rltfldiflg operations ac- counted icr the mall ad posted in the October option.

Ail coarse grains closed hisher- May flax almost cu tlve- cent loss Monday. Hex closed 4 1-2-1 higher. oats 1 5-8-1 1-4, barley 1 5-8-1 and rye 1 1-4-1 1-3 above yesterday's close.

MONTREAL. March 29-—(CPl-—- Wheat, nor-them No. 1 1.60 3-4: barley, Oanadan western No. 3 71 3-4; oats, teed, No. 1 56 1-4; flour spring wheat mute, iii-ate 8 00; seconds 7.50; crs ‘l 80: winter wheat patents, choice 4.05-4.15: wihiie corn 4.40-4.80,‘ bran, ton 32.26; shorts. ton 88.25; middiinlrs ton 38.75: rolled oats. . 90 l-be 3.15: hay, No. 2. per mo. car- lots 11.00.

Chees western current 16 1-2- 3-4. mim- No. 1 as.

in cartons: A-l large N; A-1 medium 28: A40!!! N; A- inedium M: Aqvulets 24: B M; O

FINANCIAL

PEBSOIIII. LOANS ONE YEAR TO PAY Apply in Ncareat Branch of The Canadian Bank Of , Commerce

MONTHLY DIPOSITB. PIOVIDI I01! BIPAYMINT

. Inc ~ l! Yo! 10a Depoalt narrow laoelvo Monthly t so 8 55.8‘! ‘ I 5 a 10$ I 100.9! I l I 188 I 181.8 I10 I I10 Hill m I 3S4 l m.» I37 I I40 i II.“ M! $1008 I100”! II

‘IIONATI IATII

Celanese Coclmhutt Plow Smelt

Gen GYPB

Imp Tob Ham Bridge Int Nickel Lake Woods Massey Harris McColl Ft

Cc Steel Wares um .

Mtl Power Nat Brew Nat Steel Car ggranda

wer Corp Quebec Power Shawinigan, St Law Com 8t Law A Steel oi’ Can Steel oi Can Pid Win Elec A Win Elec B

Stocks

Acme Oil Aldermac Am

m Ang Cdn Arntlield

Cdn Malroblc Cariboo

Cas 'I‘ret.h Cent Pat Cen Pom Chem Rx Chromium Coniages

Conlarum Con Chib Con Smelt Dnrkwater De.

Foundation nancoeur Gillies lake Glenora God Lake $n 5.... e GOOCIISh Gr Bousq

o.

Montreal Stock Exchange

(Canadian Prel)

‘MINING

_-..__.

(Canadian Press) TORONTO, March

I i

010M 1st . J32 . I at 3.12 - it G ’ 171% ' - g O a v g“ Excitement rune high about the new Spring ) 0% ‘ fashions! Thelfre payer younger more . 92% I nnght New Bags fembaine than ever! Cont; see them, all at Si! Flaw." ,' m: S’. A. McDonald’ . Moulded suite, fan . p“ i; I $2.” pleated frocks, gay little hats! All budget - .3 ;_. 1m - - priced, select your entlre Spring wardrobe ' m , Clever new shapes! Patents, today: A “must” on suit lapels! 412, I gabardlnes, gram leathers. -- Wide choice of bright nose- 155’: A" 601018. ggyg, —' _ ' ' lz - ' as as ' 33% so 10v. ll lav. 2% o as y ma. n? I I ymu surf; New Spring Gloves L ‘1 00 ‘I W I _ I Bright bright scarfs so Expenswe lflflfl"! ha"! smart ’with your suit! Gay still!!!“ fabrics, new cos- florals, paisleys, vivid strip- “u” ‘Ines! whm!’ [M35 mo” m pure dye crepa bright or dark shades. ‘I 41 1m 11o . l’! ~ s 2% n l4 14 w i . 20 . llo l 2'1 av s ass '1 42 12v.- 2% , 15% 197 j as .. n .. ‘£2 mg, New SPRING SUITS so ‘g3 See the new collarleas su-its,_the moulded, man- 1 tailoreds, chic costume salts, new, waistcoat 3° . 140m sults! 3U“ 15 Your Spring Suit is here! - - - a up 5s um . New SPRING COATS 11 . . . 124 Slick fitting reefers, dressy collarless coats, 2°1 tuxedo swagger-s . . . Sprlnfs smartest coats! m2“ Siletlands, Tweeda s 1g“ Allsizes—--——------8a95up 2o 91/. New SPRING DRESSES i; The gayest you’ve ever worn! Fan pleated 6 skirts, new, new bolero frocks, moulded one- 4 . . m plgzers! erepes, sheers, $5 a ta etas. zes--——-—- a up c1 w: 9% 12 ~ .--— ___- 1% gfiegnuxe g3 ‘gglezé zgrzintswgriggtgrl-gmglreaves MARKETS AT A GLANCE i? l: hi?” eel-mu re..r.: m"... "sill TRIIBKS w! StrawLake 8 f? ' y-l; (Jamal-l i lower ‘it 53g 535:," e; ‘ “ W»; All‘??? 5 w 1 H DUMP BODIES ‘iv Mull. e FINANCE’ “iv ‘hi? - ~~ and w» -_ ~ 14a 5Y1” m 37g lower, coflee and sugar unohang- ~ 8g Iifilisndg? T33 rww Yonx. March ao-(Am- ' ——-- b11213: D1351‘. $333’) Bu” 331g Tobmn P 190 Fords“ exchumg. qua; QBJ-‘Qah: UNDATED MONEY BOX . ‘V. 3 Towwmco o den-w “w. e- 1 3 w- 4- . 6v m, Thfw-"mmdh, m”, 1-1936 Ford Heavy Duty 4% U3“ 131 d?’ Jgaqog. g:y‘fmd. closing exchange ra/tes and Dump $100000 f‘ '7 ggxilbtlggs 441$ 1.". iwl-éermaany ' 40 la’ oilfield: A‘ Mmme“ '*P°“"d 5-°° 1'3’? I g m Am no M; 11.x” " ' 4 U. f. dlr 1 0911-2; Iago 341-0741;; 2-1936 Ford Jleavy Duty 415 wendmo 1° _'—’""_“"“_" ‘cafimdigfiwdl, gXgFIIn-“rérmc 3,’ and side Dump $100030 37o Wcstilank 13‘ LEGS suounn an KEPT o6 H ~ - each w, Turner 1o». BUPPLE nv DAILY EXERCISE _ m m“ E58“ 1% l AI. Paris —-Pound 162.625 I1’. 1., Wlltsey s om- M. h.“ u, can-y u, u. s. Rilr 32.78 ir; Canadian dlr l—1936 _Ford heavy Duty m $31“ 1-13? at? §“§°&".‘....ii§.°e. ygat wivalkIrrig ‘$3’ niglofgla 4-0111“: m, 2a; u. s. chm“ “d "b 3f”; mir 18 ggmkmany r..p,;4;;g_ pmvlqé all iiilsr 50.51 cents: Canadian dlr 59m 3__1935 Ford heavy Duty . cunts. . 55* UNIJSTED géfeo€glcbgmnagdfvlrm “ti”; _ OIIBBBIB and 88b Brett 3% “°° “W” m“ ‘m ° Above truck: h‘ ., c‘. 0M m m Zfiimfiliéf‘ {.21. “.‘."'....‘§“Z‘i 3.15 FQR sALE w‘... ...|....nu....%¥17 ..".°.$“...f.€’..'.‘. 176 “m” 45% kind: ‘ man's; tree. Excellent working git . 7o stand with 9W1‘ feet Weill" ‘ Within one mile from Mor- ‘ ' u, m... w»... ls gggflmlgpgfigt, em" wig’; ‘$3,; ell Village- 8R attractive HUMPHltEY MOTORS , 21 "mg"- 11,“ right hand. Swing your left Farm of one hundred and Limited, ' 1,?“ i-eégmo. m; lev-mrgvegnngnti-‘lg Wmfgg; alga aineteen éllifltbaiclléfis viii: m... 5.. Monoton. 1v. a. 8% w m.“ each uecesaive in; 01188 8|! 0" ll I185 ‘#:- . - -_. -_-,,_"- - f, “mg?” .55 gwlitfle hielm 01451 the vn-"M- splendid repair. Price reas- L-m-a-so-zl. x 13;“ An £1? mild dfluxd-(OPQ !°%e1$ ‘hand m ke t “might Dnfllté “RIG I01’ ply- _-_—~---—~— _ " ° m“ and the toot well re ed. When men i.’ fie... fifinnmumfi. “w... "Q5 1h» Ml gkgigwegig, mggnlloigg Apply u» Michael Sinnott as“ $9 u‘ Tgo maérgmre: bent just enough’ for clearance 0n the premises 01‘ t0 PAL- S l til hile - ' ‘om mew old 10$‘ {or the year or mfggyfl“ ht’ ‘ghg llAsl-AM. Soliei , 99 gudaon Baa dropped 1 1-2, wmtvgiw“ ” ' mo,“ ,. .,<.,,,,M v w Nfiflfldl I Mint. Faloonbridie 20 aka “a?” l" gum L940_3_19_23_26_3o PRIZE-WINNING GLADE". no r a W8 your v - ._ m w“ M 00"‘ ‘a PM‘ and repeatwiththerleht v m fif§l lo to 2o cents ‘Va-rim M" o” don“ “u” Poflpdfl’ a} Imlgéflsilnfiwfl; md cor-ran. rs a smawr BECOM- "mtrn" ‘nub b!’ u I "i" m" i") coma ' - One hundred ul t :2 ...w:"z.l:l-.l*r.l.lol. so. °’..fiil..."“l....“....°"°"..°°‘£.’f N0 TICE do»... 1 E- .1tis teatmtn flbe ""1 T, ldorado skidded u. 1 0e and closed Kama...“ m“ ular became» 1t Mk“ “um” “d m‘. 1g at 2.01 tor a ntt loss of 16 cents. bymq, we] u; gm“ 934mm- rum o, l". “fit Ab. iuu‘ u" pink. QUIET 110W- _ y) Nipisoinl 111011084! 15 0""! Ind sting colors o1 the season, yellow, bu", m. n“ ‘g y“; yum.‘ egg MRS GDRDON n“ ‘ Mining Corporation 11. dark _ certain dusty nudes m", u “g1”, ,hmh, “p,” u; . in’. . "at" "ll: ‘n: "avail." .‘..f‘l‘.."§3i‘.l..1..“2.“..'.€i. he or’ l """"-'-*"~ v n McIntyre lost 1-2 a» 1-4 and Dome or accented by black. n gives e LEIIUIL caocxarr. er NM"! 120 “+110 r were steady. some luxurious affect under your dark, HARRY LIIWIQ. l! i9 m ium orlce issuer w-re lur coat and is e ually smart with Yili- ““‘“““‘“"‘”*““*v§ 101 sold for aubeianval losses. Bralw- gray or beige. R115. best o1’ all. be- 04¢» [4-1175-3-25-61 II no. llaclecd-Oochhutt. Macsssa. coming to moot complexlonr. l.-lao4-3-30-3i. '