NCVEMBER d0. 1948

THE _ GUARDIAN. CHARIJOTTETOWhT

,i}

BONDS and STOCKS

BOUGHT — SOLD - QUOTED

F. J. BRENNAN ﬁr? OO. LTD.

Member! investment Dealers’ Association of Canada C II. M. BAGNALL -- Manager

142 Richmond Street - C‘ lottetowl- — Telephone 1470 Saint John. Moncton, Fredericton, Halifax. Sydney

ﬁoFEssioNAL calms,‘

Dr. J. C. Gallant ‘ B. Sc.

DENTIST Pickard Building 151 Great George St. DENTAL X-BAY

Phone 2667

LL.B.

BABRISTER, SOLICITOB, Etc. Phillllll Blinding 111 Grafton Street:

ltonoy t» 14""

A. Welrhen Gender. A’

Uoiieeﬂt

MORRELL l

AND

COMPANY ‘ 1

CHARTERED ACCOUNTANTS

Eastern Trust Building

Charlottetown

Phone 144i Box w

J. E. Burnett. '-|--5- Barrister, Solicitor, &e. ODDFELLOWS BUILDING

148 Richmond Street Charlottetown, P.3d.

I

o . William A. Reddin B.A., B.Sc., LLB. BARBISTEB. SOLICITOR, Etc. l.0.0.F. Bldg-Next to Rcddl" Bros.

PHONE 2484 Money to Loan - Taxation

Collections

I

Dr. A. L. Meclseoc i

DENTIST l Dental X-Bay 5 Wilelan Building. Room I

175 Grafton Street Phone 291.

' NEIL w. HIGGINS

CHARTERED ‘ ACCO UNTAN '1‘

Currie Building l

CHARLOTTETOWN

Tel. 1630 R0. Box (52 ,

Frederic A. Large, K.c.! BARRISTEB. souclron. l NOTARY Royal Bank of Canada Chambe a . Charlottetown, I’.E.I.

no; 414, Tel. 2880 Successor to George J. hveedy, 1L0. I H. R. DOANE and COMPANY CHARTERED ACCOUNTANTS ' (‘mons- m CHABLOTTETOWN ‘I 5,111“ 58 Grafton S‘. Charlottetown Phone "080 B“ 247 l Toronto _ ~ , ( New Glasgow RANDOLPH w. MANNING, Trnro O. A. Kentylile

l0" fling at Governor Thomas artist Greta Kempton.

OUR BOARDING HOUSE

B‘!

Another Four ‘fears In the White house

Here is a recent portrait of Harry B. Truman, who “passed a miracle" unsurpassed in us. political history, as he assumed the Iuccession l0 the late Franklin D. Roosevelt. lie rededicnied himself lo four years of tile presidency with 57 words. without any “told-you- E. Dewey. The painting was done by

EGAD, M2. EOLLWELL! oosir JUDGE FIR-ST lmPQsesionsl-w- I'M TAKING ~lou To Tue QIMPLE CELLAQ LABORATORY WHERE THE HOOPLE- Deni-Al. some wAs scan! -~ revs EEMeMBEQ rue AUTo ENGINE WAS CREATED no cRuoenJsli-ieA-rso S14E05.’

THOSE

.." was i5 _ \/nl1!§§f' Tue AEGEL,’ MR. ROLLWELL . _

A5 MELODIOUS A6 PAGODA BsLLe To ME, MASOQIAG LONG A5

TM BACKING voore IDEA WITH MY DOUGH, LET'5 , NOT sTAQT WITH A " DNE OFF THE- i-ueu

N.Y. Stocks Continue To Decline; Slump Hits Montreal, Toronto Also

NEW YORK, Nov. 9—(AP)—The stock market dropped to tile lowest level since late March today under a post-election pounding.

Leading issues plunged 1 to around 5 points, some to ncw lows for the year. Extreme ‘osses piled up to about 6 at one time.

Pressure was so intense at times that twice during the day ihe price reporting mechanism Called to keep up with dealings on Lne floor of the exchange. During ‘he morn- ing the lag amounted to as much as 3 minutes.

The retreat was strongly contest- ed of! and on but the weight of stock offerings was relentless. Jusi. before the close enough buying power appeared to shave the day's widest losses but there was nothing like a full-scale rally.

Volume shares from yesterday's 1,113,000.

Selling was general. Wall Street claimed that the pessimism gorler sted among investors and spccula tors by the Democratic sweep has been intensified by the latest stale- ments oi’ administration spokesmen.

The Associated Press average of 60 stocks closed 2 points lower at 63.9. Not since March 29 has so low a level been reached. Bottom for the yenr was touched Feb. 10 at

3.

o’: .0

At Montreal MONTREAL. Nov. 9—-(CP)—-Se-

iected industrial: closed on a sharp | downtrend on the Montreal SLOCK]

Exchange and Curb lliarket today. Trading was active and 17 issues had turnovers exceeding 1.000 shares each. Most losses were froc-

tional, but 12 stocks dropped a point or more. Mines remained exceptionally

active as losses outnumbered gains about- 4 to 1. .

Industrial: sales were approxi mately 64,200 shares while mines totalled 533,700 shares, an increase of 70,800 shares over the previous day.

Closing averages showed banks off .06 at 27.21; utilities ofl .2 at 74.7; lndustrliils off 1.5 at 132. pap- ers off 9.71 at 339.83 and golds of! 1.2’! at 62.79.

Papers and metals were the heav- iest ground losers today. Inter- national Paper, Price and Fraser dropped 1 1-2 points each. Both Powell River and Donnacona were down a point. Abitibl and Consoli- dated Paper fell 3-4 and 5-8 re- spectively. M. and 0., Brown, and Abitlbi Pfd. were off fractions.

'Wms to work in 2 sezonili

OINUINI ASPIRIN

l! MARKED

THIS WAY __d>

INCA DESCENT and FLUORESCENT

II. T. IIOLMAII, LTll.

Summersiilo - Charlottetown

Mojor Hoopla

5%

WORDS SOUND

expanded to 2.260.000,

HAPPINESS Fllli SALE . . .

The happlnem that comes from a well-ordered life, with WIIQ and children provided for, the prospect oi’ eventual retire- ment on income suﬁiclent for I the enjoyment of your lelllre, I

can be yours through Life Al- surance. Let me sell youaahsre of happiness today.

SUN LIFE ASSURANCE COMPANY OF CANADA

B. C. Bohaker

l District Supervisor

Sllll LIFE 0F GIIIADI

'14s Richmond sum Charlottetown. P. E. L

DornTaxt._._-___ 111-2 Dom Tar ._.. ._- -a

Wpg Eiac A ._ ......__ __ 81 St of Can .._________ 811-2 1| Mining (Canadian Press) TORONTO. Nov. 9- Saies Stock Cieso/ 2000 AP Con ....__ __. _ 25 4000 Alger ;.... ___. 04 1-1 36300 Am Yknlfe . _..... 17 6100 Anglo Cdn ._. .._ 285 1000 Aquarius 10 53600 Anacon .. . 59 2000 Arjon ...._ ....... 07 1-2 2000 Armistice . .... -.._.... 14000 Ashley .

2000 Astoria

63075 Base Met .. ___.: o3

16500 Beaulleu 1500 Boycon 20 Bralorna 4000 Brewls - 26800 Brit Dom _.._ .._.. 30 19500 Buff Cdn _ __... 21 4343 Cal Edm _..._.. 585 28000 Csllinan _-_.. N 14 5500 Calmont ___ _ 51 255 Bk of Com ...__ _.... 23 1-4 505 Cdn Brew ...._.. __... 21 1-8 200 Caribou ...._.. _ 110

1600 Cas Treth. 5400 Cent Leduc 500 Cent Pat 1500 Centremaqua

1100 Cheltervllla

2000 Chlmo

21000 Cltralsm

4700 Coastal . .

1350 Cochenour __ ___. 201 9650 Con Home .... .... .. 13 3-4

At Toronto

"rononro. Nov. 9—(CP)—Pricea dipped on the Toronto Stock Ex change today. Base metals and western oils were down after an

I early attempt st firming while golds held steady until illid-scsson when the list gave way and sagged in heavy trading.

Losses outnumbered gains 4 to 1 in base metals. Key issues dipped after initial firming tendencies. Smelters was down 2 1-4 at 126 1-4 and International Nickel lost 1 1-4 at 35 1-4.

Western oils climbed ahead at the opening bell to touch tlic highest figure on the exchanges index since January 1938. The list began to sag towards noon and closed down about two from yesterday on the index.

A few junior golds traded neav- ily for gains while the senior llsl. moved downhill.

New York Exchange

West Union U S Steel

Commerce

Montreal . . Nova Scotia Royal Bank .

Can Cement 23 Can Pacific .. 16 1-4 Celuncse . 93 Can Cal" Found l3 Can Cal" Pfd .. 15 34 Can Steam . 14 Can Papcr 18 3-4 Cockslliitt _ 13 Cari Vickers b0 1-2 Dom Bridge I‘ Dom Coal Pfd 2O 1-2 Don A 20

"——- 220 Hud Bay . __ __._._.. 57 1-2

Anaconda l 33 1-2 46000 Hugh Mal .__. O6 3-4 Am Car and F 31 1~2 30 Imp Bk

Beth St _____ 33 3.4 400g 1nd Ln“

N Y Central ._.. 13 1-4 2775 Int Nickel

Ches Ohio .. 31400 Int Uran .

Con Edison

Eiec Auto Lite .

Gen Elec .. _,_____ ___

Gen Motors ._

Gen<North Pfd

Std Oil NJ

MW" ‘Vard 53 70o Kirk Lake. ...__. 129 Mont Ward 53 5-5 325 Labrador .. .... .... 580 North Am I 15 1-4 10300 L Dufsult . .._ _ ._. 110 Phil Pete 1000 Lamaqu,

U s Rubber - 1500 Laps Cad .

Radio Corp 4590 Lebel

Texas Corp - 2600 Leduc .

""1" A" - e00 Leltch .

V"- A" 4500 Lexlndln

We“ El" 2700 Llngman .

1320 Con Smelt ...._.._. 126 1-4 4600 Conweat .. 133 1000 Croinor 40 7000 Daragon . _.__ _. 11 1-2 22299 Davies Pete . .__, .. 30

300 Delnite 24750 Deniaon 48300 Detta

8600 Discovery 620 Dome .. 195 Dom Bk ..

2800 Dorialds .

21400 Dulams 82000 Duvay .. ._..._

4100 East Crest

3100 E Mal .

2900 E Suliiv ..

5025 Elder ..

44000 Eldon: __

3200 Eureka ..._ ._.. 175 300 Falcon .......

2225 Giant _... _... 4S0

7000 Gllllel ..

14400 Globe

5900 Goldcrest ._

1000 Gold Esgll --- —-r O4

3200 Gold Mari

27500 Goldora 17000 Goldvuo

1000 Gunner 5000 I-lalliwell. ._ . 2000 I-larricana ........ .._. 1200 Hasaga -_- .- 3000 Highridga ..._.. ._.... 2565 I-lollinger ..._.. ... .. 5115 Home Oil 9100 Hosco 32000 Howey .

2400 Louvicourt 475 Macassa 4100 MacDonald 2000 Macfie .. 1500 Madsen 4600 Magnet 475 Mai Gf 1500 Marcus . 170 Mclntyr 2000 McKenzie 5000 Mid Cont . 900 Min Corp 17500 Monets . 17200 Masher 600 Negus .... .. 4700 New Calu 2067 New Jss .. 2000 New Marl .

57500 New Pac . .... 13 95500 Newnorth 05 43300 New Norz 21 7300 Nib .. 08 98000 Nicholson 97 100 Nipissing . .. 120 700 Nornnda . .. 55 1-4 6365 Normetol ._.. 295 17500 Norpick ._.s... 08-1-4

4000 Norseman 7000 Northland

1300 OBrIen ..

3500 Okalla . 151 _4200 OLeury . .. 16 1-2 6500 Omega 03

21500 Omnitrans 5300 Osisko ...._

Perlonnanm P oves.

BEFUREST

0-536 $39.95

MODEL D-sad

just a ﬂick of a switch, then whisk on a disc and your favorite recorded music comes out as clear as that from the artists’ own instruments. This compact little table model electronic phono- graph plays either l0" or l2" records. The extra sensitive PM speaker, lightweight (one arm with crystal pick-up combine to give the utmost in performance with superb tone and plenty ol volume, for dancing or symphonic listening!

Ware»

DEFOREST RADIO LIMITED roaouro

‘wan.

R. T. MORRISON LTD.

cnsiiLorrnr-oiviv, mu.

“hoop Ta’ PM dynamic speaker.

D-617 $1 49.50

TO DELIGHT EVERY EYEI DIODEL D-6l7

None will more richly reward your choice in a ﬁne radio-phonograph combination than D-617. A ﬁne example of modern styling, i: will give more looking and listening pleasure than you've ever known before. Hand-rubbed, golden brown walnut radio-phonograph combi- nation. Standard broadcast band. 25 and 60 cycle. Built-in aerial. “On-oﬂ" iodics» tor. Ample record storage space. Con- tinuous tone control and volume control.

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~ arvouo‘ W20 COMPAREI

MODEL D-518

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A. G. ROGERS

RADIOS Ind HOME APPLIANCES

The new personal radio la here! Small and handy, l: has full-throated natural tone and remarkable volume, freefrom distortion. New style angle- alial ls easy to read from any position. Available in rich brown or clean white plastic. “Symphony Tone" speaker. Built-in loop aerial. Operates on AC or DC, 25 or 60 cycle. Standard broadcast 540 to 1600 KC. Width 81/2”, Height 63/4", Depth 5". D-528 (as above) in

121 Fitzroy St. Phone 302 Water Sh. SUMMEBSIDE Phone 142

20o Suiliv . 142 2000 United Oil 2800 Yknifv B - . ~ B40 Sylvilni . l.» 8500 Upp Can . _ 20o Teck Hi1 140 50o Ventures _ £11m

4500 Thurbois . 0s 1 2 1455 Waite . 300 Fvolhllls _ 39° 3300 Torbit . . s1 2100 vvingiiiz 5000 011 801w ~ .

48100 Tran Res . ._ s2 500 Wright III 3750 Fwd Ore - 57° 7000 Un Keno . . . 21.2 2500 Yeiiarex . .. . l8 l-S Total solos 2.278.000.

rum 075142713. A Lav/T“

CARBUNCLE. vou uusr 0o SOMETHING ABOUT ouo ALk/iloioi; TEACHER

Sues vicious on um.’ JUST Look AT runs savour cArzo/ C

By Fogoly and

I'M GOING UP AND SPEAK TO THAT OLD CQOW MYSELF‘

NO TEAcuElTS DusuiN‘

m no APOUNDFYLL

é TELL HER OFF.’

Shortll

D0111 3! B 2700 Osulake

Dfydﬁl 13000 Pac Pete

Fraser 1-2 600 Pamour . 106 Ford A 25 1-2 1000 Paramaq 05 1-4 Foiindn .. 25 3500 Paymaster 35 Gen St Wares 15 10800 Pen Rey ..

How Smilh .. 33 12500 Piccadilly

Hum Bridge . a a»; 1500 Pickle Cr ..

H11‘ Wﬂlk?!‘ 28 1-2 300 Pioneer .

Can Ind M 13 4100 Preston ..

I!“ Nlfki‘! 35 53 34125 Que Lab 75 Imp Oil ., l9 1-2 3000 Que Man so Int Pete . . 13 l-4 450 QuenJont .... 15 1-2 Ir Power , . 47 1-4 100 Reeves ......_ ...._. ..... ' Inter Paper . so 3.4 1000 Regcourt

Imp Tob .. . i3 1-s 3000 Richmsc.

B C Power . 2s a»; 191300 Roche .

Con Smelt . 126 i-Z 10 Royal Bk

Lake “@008 26 1~.. 2500 Rupununi

M0819? Hnr .. 22 1000 San Ant ..

McColi Front . 13 3-8 7500 Sand Riv

NH! 3i- Cﬁl‘ - 23 i-l 9000 Senator

C811 N01‘ Pld H 9 1-2 950 Sheep Cr

Norandn .4 . S5 1-2 6842 Sherritt

Price Bro! 58 96000 Silsnco ._ Quebec Power i‘! 1-2 6800 Sliver Mill .._... ___ 81 Shawlnigan 23 1-1 2500 Slscoe .... ..

St Law , 9 3-1 29(1) Springer .

St Liiw 1st Pfrl .. l3 400 Steep R0 ..

St Law 2nd Pid . 205 40500 Sud Cont

2f _ | <9 l. / l ‘- ﬁrearm i W4‘ A"'"~’"*=" “mlmlo ‘

60w“ LET iuonoios KNOW vou pom HAVE 1o HANDLE us 100i! IN 0N rescuer um wnu no GLOVES. in ME mow CAPBUNCLE AS IF u: owes YOU Am MOQE

n5 mu; we nouns MAYBE HE NEEDS

our CROW or: ’

f

“£71

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