._:.

' in commenting

The Mlwh-treal Stock Exchange

gov" r ’"'-.~::'.".'.:. 0121.... hi .. .. . sv-nghlélizzlg: . 1Z8 - Bell1l?rl'ph.fn.... 11% 11% 11% 11% C Power .. 20% an Csr Fdy ... 7% Csn C Fdy Pfd 17% Csn Cement . .. 71A Can fem 5ft! .. 7g C ll co .. ' iluPacllfic 11 11 10% 10111 Coekshut Plow .. 5 Cons lif Smelt . 72 72 70 70 Dryden Paper .. 4 Do Bridge .. ... 27 go gtecll Coal .. o?“ t .. ... all slim“ .. 10-4 ml 10a 10% bake of Woods . 8% llsssey Harris . 4% lie-Front, ... 9% llunt Power . sun-bee} Power h wi gnn . _ e11 3f Cnnad 25 24 24 Vlau Bis Com - _ If! I100 .. ‘ I‘ nauss ' Hontreal ... ".1205 I I I

F o reign Exchange

MONTREAL, Que, Nov. 25-—(By the Canadian l'ress)-liritish end forcign exchange in relation to tile Canadian dollar, as compiled by the ltnyal Bank sf Canada, closed today as follows:

Argentine. peso, 0.2052. -

Australia, lmlllltl, 3.1570.

Allstrin, schiliing, not quoted.

Belgium, belgn, 0.1585.

Brazil, milreis, 0.0720.

Bulgaria, lev, not quoted.

China, IIong Kong dollars, 0.2007-

Csccboslovukia, crown, 0.03.38.

Denmark, krone, 0.12.14.

Finland, flnmarla 0.0233.

France, franc, 0.0140.

Germany, reiscbmnrk. 0.2701.

Great Britain, pound. 4.1211.

Greece, llrnchula, 0.0147.

Holland. floriu, 0.4575.

Hungary, pengo, not quoted.

India, rupee, 0.3180.

Italy, lire, 0.0585.

Japan. yen. 0.5043.

Juaoslnvia, dinnr, 0.0'.’00. r

Ne Zeaiand, pound. 3.7404,

Norway, krone, 0.2234.

Poland. sloti, 01288.

Roumanis, ieu, 0.0008.

South Africa. pound, 5.4402.

Spain, pesets, 0.0002.

Sweden, krone, 0.2248.

Switzerland, franc, 0.2211.

United States, dollar, 14 per cent premium.

» Immune From Diphtheria

MONTREAL, Que, Nov. 22. (By the Canadian Press) Almost one' third of the children tn the prov- "inoe-of Quebec under 10 years of age have been made immune from diptheria, according to Dr. Jean P. Decarie, inspector general of the Provincial Department of Health, tiy on the pres ent campsi being carried on for the ciiminatio nof pidemic diseas- es. Of the 176,400 children under 10 registered in the province, more than 50,227 have been inoculated three times, which makes them immune from diptherla, while many more have been inoculated once or twice. Shortly there will he a much larger proportion of immune child- ten.

"No campaign of the kind," said

The Montreal . Curb Market

(Special to Johnston I Wsrll) smu- OncnIBIIhII-vwil-"l Absns .. .. ii Asso Breweries .. 7 Besuhsrnols A .. 3%

British Am Oil t 10%

(fan gredge D . g’,

Can ins .. ... A

Dis Corp-Sea ... 8 8 7% 7% no Stores .. .. 17%

Imperial Oil 11%

imp Tobacco . .. 8%

Int Petroleum .,. 12

Int Utilities . 10%

Int Utilities B . 3

Mitchel. l1. Co . 101,4

Moss Mines . .. 311%

Notnnda .. .. .. 10 15 15% 15% P-Hers Xltll . .. 70

iiherrltt .. .. .. 02

Siscoe .. .. . 04%

Teck Hughes ... 5.10

Walker, llirsm . 3

Montreal Market Sideligllts

(Cansdlsn Press)

liIONTRIGAL, Que, Nov. 25—’1‘rsd- ing on the local stock exchange was very nearly at a standstill in today's session, with fresh weakness in Wall Street; a reaction in wheat prices; s further drop in the sterling rate, snll heaviness i bar silver prices contrib- uting a hac ground that increased the niollfness that has been exhibited to- vmrd the market of late. Movements were confined withla small price lim- its, with the main trend downward, and theextremely light turnover point- ing to a lack of pressure at the pros- ent time, although this cannot he fully established ill the case of the stocks which are held at pegged levels. Dur- ing the improved market of several week ago, engendered by the rise in whcat. a very large proportion of the overhanging stock was removed.

With the results obtained in the first ‘two days of the offering of Can- ada's National Service Loan officially sot at a figure that closely approaches the half-way mark, the Canadian peo- ple have thus fsr in the campaign shown a proper sense of appreciation not only of the nstionsl duty entailed in the purchase of such an issue at this time but also of the attractive investing opportunity offered. Those in charge of the loan machinery. how- ever, continue to stress how imper- lltivé to the complete success of, the offering will be the very widest pos- slhle participation by the general public. Reports received hers todsy pointed to a growing volume of sub- scriptions from the United States, with the loan making a particular appeal to investors in the republic by virluc of the premium on their dollar. A re- covery in the value of the Canadian dollar in relation to the United stat" dollar from this point would natural- ly show the American purchaser Just such an appreciation. Primarily, how- ever, this remains a Canadian loan, whose t ‘ success will depend on absorption by Canadians in all walks oi.‘ life.

Dr. Decarie, “has ever been-carried on before in the province, and while intensive work hrs been done in the larger centres of population, such as Montreal. where some 20,- 000 children had been immunized

much remained to he done in out: lying parts. “In 1920," he continued, "the

death rate from dlptheria was 14.9

Der 1,000. That is to say, that 400 children died whose lives could have been saved with proper one, In June last when the survey was completed, however, preventive messu ca were being taken in 23

counties in the province where (sc- ilities were given in 19 clinics."

E facilities oflall our oflices are at the disposal of investors who wish to subscribe to the

1931 NAIIONAL SERVICE LOAN

Detailed information and oficial application forms on request.

JOHNSTON WW

A1112

usm. acorns. m. Manager, Phone all-m, Gordon Bldg" 130 Grafton St. Charlottetown. t Membm: Montreal Steel Earrings, Mjfl Curl Maid, Toronto Slat-l Era-bags‘

PRICIB: 99.25 "id

llolllulloll or cllllllll liational Service Loan ‘ . 5% Bonds

5 ‘YEAR BONDS DUE NOV. 15th, 1936 Denominations 1100-4599-3109‘)

interest 00 yield 5,11% ..__l_-

10 YEAR ‘BONDS DUE NOV. 15th. 1941 Denominations 0500-4100

j PRICE ; 99 me interest w yield 5,13% .

lllvulll, lllllslullll a coastal;

Limited

‘iii s (UDQi-‘ill to Johnston k Ward) 0 e , , '

Air Bedue slllnmgligfllf“ I5?‘ r25“ Aileg Corp 3 3 2 2% _ 2i -- 2v- " c“

- . 1 1 1 _ at Refill .. 12/" 6/“ ‘W’ m"‘_ Am Can H7’- 74 11 . _' Am c ray 10-12 11% i012 3% Am s" Pow 121/, l2 11% 11%.. l); 2m ILoco . 10 10 0% n%_

m _ Am s lie 422 Am Sugar __ Am T Tel __3% Am Tobac _.2% Ana Cop _ y, Atchlson .4 Bald Loco _.4y, Bait Ohio _2% Bend Av ... s‘, geth Steel _114

r ggs _ 1 Byers _112 Cont Oil _

D G ._ C Pacific _1 C do Pllsco _1sg C-Nairn . . 056 _ Chens Ohio 101,5 101,4, 2121/, 211v. -11/,, Chrys lilo . 16% 151/, 141,5 141/, — 7., Coco Cola . 1141411414 111V; 111%; -—3%, Col Curb .. 80% 3001 38% 3816-37. Col F iron 10% _ , Clli G Elec 20% 20% 20% MM - 1"‘ Cons Gas . 000;, 00% 07v, 011/, -1V. Cont Can . 30% _ (lorn Pro . C-lvrizht . Del Hull .. Drug lnc . E Dupont . lillrc A-Il .. 33%| 331/; 32 112% ~17)!‘ iii: P Lt 14-’); 14% 14% - 4i Fox Film . 01/, _ u, Gen l-llec .. 281,4, fill, - 7,. 201i. —1',1; Gen Foods am 311/, elm all-v, - u, Gen lilo 2:144 2515/, 24% 54-1 Gen It. Sig 30 31 30 il0 — Gllyl‘ Bub 24 2-1 2'.‘ ‘a —-1% Ilous Oil .. 25% 251/. 23H, 23% —-1-1fi Hull lilo .. 12 12 ‘il"/,l Ill/n- nll Ilnrv .. al 3i 21m, 2014- u. Int Nickle 01/, an. m; so, - u, Intl Tel 12 12 110;. 1114-411, Johns liian 201/, 2014 211,9 2114-1 Ken cop .. 12v, 12%, 1214 12 - Kreug Toll w, 11/, m. m - s5 Lam Co ‘... 54 -1 , QIcK T1111‘ I’ 51% 51 40 40% -1'/_, . Truc .. l8 - 11ml All: .. 1m 11% 10% 10% - l‘ ‘as: 515a .. 8 =-» A OII 11rd 111,1; 11% 10% ‘l0 — 7|, Nash Mo .. 18% my; 101/, lfié- u, st Bis . 401/; 40% 43% 437; ~25‘ Ne: 1C) Illeg 15% ._

a ‘ro 27 H! 2a ._ rm r Lt . y’ A 152/’: 3'12 N Y Cent . 30M. 30% {Hi/y 34% -1I,l,

Am Co . 37% 37% 35?); 30 —1% Iznck Phfro .- 12% 15% 5. ii

ar u .. 2 1' 1 _ £011 Ford . 28% V! 1% 2% _ a‘

enn Rail . 25 20 2 24 __ lulu Pet .. 0% m‘ %_:2 I: l? nfNI 027g 03 011,1, 01% —3

u (‘o 221/ 221 221 2 _ Pur B Cp 14M), .A A 2% _. In ltadio Cp . 01,4 1W, Sly, 3'44, ._ i‘ Real‘ 131ml“ 4 2% 2% 2% h‘ s‘ Rep l S .. 7 7 ._. Rock Illl . s‘ l)‘ 1 7 _& Ray Dutch 10%." _. Ssfs Stores 411,5 47% 47% 47% — 1A S Roebuck 40 40 38% 3R0; -1l’,{,

. Sine (‘orp . 0%. av. as; as; _ s; sun Co 1014 101,4 044 n=i/._ s Pacific . 3x14 aw, any, arm 4w, South Rail I3 13 ‘l2 1'.’ -—1% s Brands ..l 15 1s 14st. 145;, _. y, 9 G Elec . 3043 snag 34:15 345g, _1lq, §‘§.°'.°£'. 13.10 ti“ i‘ "‘ v" - 9 32- _

8 Warner . 0B,; ‘A x 32% _ g4 itullebnkcr Iii 1.’! 12% 12 - clns Cn . 1R 18 17 1 _. To! G Bu! 23% M52 27M Ln‘ ._1% Tim R B . 21 21 2i) i201,{,-1 u Pacific . 01% m so ‘sou, —.'i% Unit Air .. 1n 11m y, 4% Unit (‘nrp .. 12')‘, 12 11% 11% -1 lifilmp" 2.1 2:: 22st 22 -sg ll a I A100 no no 2am. _1 Ii S Qteel ill 01 i 571,1; 57% —1i% Van Steel . 171A 1714 10 1011, 41y, lliglnunln’ s?" 5'44“ s?‘ 4% _ ‘A II llfl . __ we‘: If" n m W! ‘)6 52 _1

Pl ec . 3M6 30" 35' _ lV-Over . . 2V, A A 85% _2: 2:001 Co ... 41 ll-m, 45% 41w, _2

nrth I‘ . 24 I24 I23 23 —1 Y '1‘ Coach I 4%} %| a‘ %_. ‘A

~ middling 4R7; low middling 477; strict

l Prince Edward Island.

y‘ MARKET

ca...»

(u; John L. Cook!- Allfll-‘W 7"" Financial Wrltsr)

saw roux. u. 1n. Nvv- ‘Mi-Bull'- py um] commodity markets gsve ground easily today 11nd" lililt "H" ing. and a number of IIIIIIIIYY 111"‘ kets found themselves near the Oc- tober bottoms. Sales totalled 1,340,070.

Selling was stimulated in ths stock market by disappointment over indi- cations of a protracted railroad labor wage controversy. Excel‘! "Film"! mm‘ day there was no quick PB“ 1° "l? f|0\'\'|l\\'ill’d drift, but it! 9111010009 continued right up to the close and stocks were close to the days extreme low points st the finish of trading.

The Associated Press standard stat- istics averages showed new low D0"!!! for the general hood nvornlle! Ind li- so for railroad stocks. Weakness of the carriers sent many of them to the

were recorded by Ssnts Fe. New Kl‘ vcn and Union Pacific which Wt" dovrn 3 to as much as 4 points. Ilflllfl of a paint or more occurred in Penn- sylvania, Lnckawanna, Itock Isillhli and Southern Pacific. Pennlyiilllli" broke through 25 t0 the lowest 0"" at which it was ever traded on the New York Stock Exchange. United Stall-s Steel, American Con. Westinl- house Iliociric and International Tele- phone loll the decline in the industrinls.

Foreign exchange rates were ulixell with considerable selling of sterling rrlporteli froln London. The cable quo- tation closed at $8.02 off 0% cents. hlnlicst gains were scored by Scandin- nvinn currencies and by the Japanese YCII.

\\'ll.\'l‘ THE STOCK MARKET DID: w.

lowest levels of the century sud most Number 0f Blivlhwl ...... 7§ 23f’ of them to the lowest point in the 0mm’?! 0? devil"?! -~ 45¢ 1"- present two-year downswing. SW?" ilfltllllltlfl - - 143 133 Hank“ 10"" m m, n" ‘mm, Total issues traded ...... 073 01.4 ' P d M k l Miscellaneous r0 lice dr e!

(Canadian Press)

NEW YORK, N. Y., Nov. 25—Cottnn futures closed steady barely steady: closing bills: Jun. 015: Feb. 023; Mar. 031-33: Apr. 040: liiay 050; June 058$ July 4107-08; Aug. 077; Sept. 080; Oct. 000; Now: Dee. 007-08. Spot closed quiet; middling 020,

lliverponlo-Cotton. spot in better llolnand. Prices .'i points higher. Alu- erlcnn lnidllliug, fair 012: strict good luillliling 5117; good middling 527: strict middling 507: lnillllling 407; strict low

orlnnry 457; good ordinary 427. Ite- ccipts were nll.

NIMV YORK, N. Y., Nov. Zl-Rnw sugar was quiet today, but the under- tone was easy. Spot sugars were un- changed at 3.30, but there was no in- terest from refiners and tho only busi- ncss confirmed was 18,000 bags of Philippines for Fl-brnary-hlnrch ship- ment at 3.251 to nn operator.

(Canadian Press)

BIONTIKEAL, Que., Nov. 25—Egg prices were lower while butter and cheese quotations were irregular null potato prices were on Hm produce and dairy market here today.

Cariot prices of fresh eggs lost from one to three cents o dozen. Extras were off two rcnts at 50 cents and firsts lie- clined three cents at d5 cents while pullers were one to two cents lowcr llt :10 tn t0 cents a dozen. Storage cggs, in cnrlots, nll drnppcd n cent n dozen. l-lxtras were quoted nt 27 cents, firsts at 2t to 25 cents nnd seconds at 2i cents n dozen. Quotations to retailers worn unchanged and receipts were 704 cases.

Eastern townships no. 1 pasteurized

liter. in cnrlois, W111! stcally at 21! cents n pound wllilc broken lots were 22% cents n pound. To rctlliicrs sol- ids llnll print casr-ll a cent at 23 to -4 cents and 2i to 25 cents a pound. respectively. ltl-ccipts were 151i boxes.

Quebec PIIOPRE lost a quuricrynf n

Futures sold into new low ground for the season under n renewal of heavy December liquidation null sell- ing of the distant [lnsltinns buying connections, with the market closing 1 to 4 points net lower. ‘

Approximate sales were 40,850 tonal Doc. and Jan. clnscd 1.11, Mar. 1.14, lilllv 1.20. July 1.27, Sept, L32,

Refined showed no improvement in the demand with buyers limiting pur-l chm-cs to actual requirements. Priccsl were uncllangcll at 4.50.

MONTREAL, Que., Nov. 25—Barley. Canadian western, no. 3 .53; oats, (fan. ndian western no. .1 .41: oats, feed. nc.. l .40: flour, spring wheat patents,

firsts 505 finur, seconds 4.45; flour, Miler! -- : flour. winter wheat pat- ents, choice 3.40-3.50: flour, whim

(‘Mn 2-59-4110: bran. ton 21.21; shorts. inn 2.1.1; middlinss. ton 30.25; rolled 001R. M: 00 lbs. 2.60; hay no. 2, per 10"» "if 1M! 12-00: cheese. Ontnrio .10-.10%; cheese, Qucbcc .00'/,-,09%,- butler, no. 1 finest .fi: eggs Jr-esh specials in cartons‘ .00; 088s, fresh cxirns in cartons .55 ii; eggs, ffggh eggs, storage eggs. storage éggs. storage - -. 1 pntstocll ‘ K0 lb. bag 115-55: potatoes: New Brunswick, R0 1h, 1mg 554m; n,”

__i_.__.-._.i_

cheese was llucivlngntl llt l0 to 1014

"PM M "'4 i» ""' Fonts u-llu.» Iluiario caut- -~ ]llllliili lbl-pipu; we". 3mm hnvrs

Til- 9-1111, Him‘).

t ruled steady. lilln. tntinnll 1M1‘ 1.0 pound hag benig 3.“, tn i5 cents fnr Qlobcc whit“, 5o u, 55

1m. rarslcx nanny

Passed peacefully gway at 10m, on Aug. 12, 1931, one of the re- sbected residents ofthat place in the person of Mr. Patrick Keuy, Deceased was born in Newton Cross in 1047 and was the son of James Kelly end his wife. of that place "Om Where he moved to Iona in boyhood days. and tool: up the art of farming. a profession which he. followed until his demise. The late‘ Mr. Kelly was a man 0i’ exemplary

W lblichflflctfl‘ of mind and heart, and ,1".

was noted in the home for his hos. Diiiliiiy. for the wayfsrer or strong-ii

‘ed him to enter the Charlottetown WINNLPEG, Mm“ Nov. 25l_An Hospital where he underwent a ser- grain and stock markets in thejous operation from which‘ he never Unmd States Wm remain dosed fully recovered, but, owing to his Thanksgiving day’ mursday’ Novpltwo fine boys, for it may be truly 28. The grain market here, and said he 1e“ two as good boys as about Liverpool and Buenos Mrem-Iever a father reared, he was

l - - er never left his doors cold or 3. ,, . / . hungry. About 12 years ago he was ‘ _ stricken with a malady which caus-

wiil function as usual.

NEW GLASGOW

Mr. and Mrs. Robert Anderson -------’- by Mr. and Mrs. Cran-

HIGII GRADE SEES HELP THE DAIRY HERBS

A steady improvement has been made in the milking qualities of the Holstein herd at Lacombe, Alber- ta, Experimental Station by the use of sires from high producing an- cestry- In the report of the Sta- tion for the past year Mr: F. H. Reed, the Superintendent, gives the results oi’ the improvement effected in the daughters of five sires over the production of the dams. Com- mencing with a herd of five cows that gave an average of 14.839 lhs. of milk, with an average test of 2.96 per cent fat; their daughters from Rpyslton Korndyke Count st maturity averaging 17,847 pounds of milk with an average of 8.28 per cent. That is to say. the five dau- ghters even from fairly high produc

‘m yes: olds averaged 10,001 lbs.

E. M. BAGNALL CHARLOTTETOWN. P. E. I.

lesident Representative

Phone Ill

ing cows gave an average oi’ over 3000 pounds more milk than the dams and the milk tested .32 per cent higher. The next sire used was Evergreen Ormsby which used on dams that gave 15,700 pounds of milk testing 8.82 per cent of fat also old-s gave an average of 16805 lbs- next sire Roycmft Kinffipofford of milk basting 8-11 per cent. The p. ‘uoed four daughters which as

of milk ‘ ting 8.81 per cent fat from dams that sverased nrwtiwi- ly the suns amount of milk and _fst st maturity. The next sire Prince AIIIIQ Heohthilde, the 4th inn. gave iour heifers which in the first lactation period ‘gave an aver- ‘sgs of 11,110 pounids of milk test- ingi-dper oent st; while their dams as mature cows cave 17.20" pounds of milk testing 3.04 Per cent Otters Korndyke Reyes the fifth sire, bred to lislrls averaging 10.23’!

ford McKay were recent visitors to Rustioo the guest of M1‘. and Mrs. Reginald MacNeill.

Mr. Wesley Wood. Hazelbrook, was a recent visitor w Sumnlersido.

. On Sunday evening, Nov. 22nd. the New Glasgow Women's Mission- ary Society and Mission Circle held their annual Thank-offering ser- vice in the United Church. the church being crowded to the doors while the beautiful prom-ammo WI-l carried out. The service was open-l ed by the Doxology, followed by hymn “Come Holy Spirit." Script- ure lesson. Luke 9, 18-36 verses were read by Miss Mildred Brown. Prayer by Rev. H. S. Bishop. Hymn "Breathe on me Breath of God". Then the offering was taken by Misses Elva Stevenson and Vivian Howatt. Reading. "The Heaviest Cross" by Vivian I-Iowatt. S010 "Two Roads" by Miss Florence Mbrris. The Pageant was then presented entitled “Mothers of the Bible." hi1 ten girls. mv. H. s. BishoP then gave an address on the work of the Women's Missionary society 0t the United Chuch. Closing hymn "sill! of My Soul", followed by the Bene- diction. Mrs. William B. Bulmsn in her usual capable way Pffliiifl l? the organ.

Mr. snd 1m. Russel Swfd! ll"! Mrs, George Myers and son. Orsull- lllilhWCtg Sunday visit"! i0 N" Glasgow {he guest of Mr. and hm. Arthur Dickieson.

well cared for and comforted by them in his declining years. One daughter Mrs. Frank Hand of Mexico. lViiaine, and a brother John Kelly o! Charlotte- town also survive. We must now turn hack and say a word of his life partner whose virtues and good qualities toward him have been ideal.

Mr. Kelly was a well read man and travelled extensively around‘ the globe his earlier days, but sl- ways returned to the Island where he made his permanent home. He was frequently visited by his past- or Rev. P. S. Duffy who administ- ered t9 him the last. rites of the Roman Catholic Church of which. he was a devoted member. His lun- eral took place Hid!!! 10°F"- ing, August 14th. w st. Michaela Church, Iona. where H1811 M1155 W” celebrated by the pastor Rev. Fath- er Duffy where all that WB-B Iiwlml ‘ of a kind husband and loving fHih-| er was laid to rest in the adiviliinfl