nousr 1s. a“

ES T05 s

' ‘Mwuaugwsn- ».

__'rus CHARLOTTETOWN GUARDIAN

TOCK and BOND _QU O TA TIONSC

‘PAGE NINE

i a on X1880 ,Y0

57 mdmgeflgc rWriter “ '| special Wirei L, YORK, A118. it-apecula- out"? “m” y n tion _d weir ideas 0i‘ in I “u, the United States. b0 d “h, broadest rallies in n ° months lent emlJhl-Il-l to m sentiment awIY 1mm ll!- H md wwgrd l. DION 6%!!!’- v lpprmfi of Washingtcns ‘ » lic es. , M’? impetus for the fill’! “ M111 financial markets l-P‘ “ “me from announcement u’ wnent had been made for o; , moderate amount of gold In" York ,5 a result of the ‘ m me dollar the past few ' Assurance from treasury that additional silver cur- fluid be issued only on the ' o; m, cost o! the metal also mwrpreied as favorable to the

money" forces.

Hold Spotlight

rkr Exchange

The United States dollar extended its rally against leading Qxfjhflnggg 0n ll!!! ROld “D011 announcement.

The stock market settled a 11mg lower as it reverted to extreme dull- ness after its advance yesterday. Selling in metal and other inflation favorites had an s unsettled eflect upon the general market but net changes on the average were 511151],

Transfers dwindled to 531,300 shares compared with 811,200 yester- illlv. The standard Statistics Co. average for 90 stocks dipped live- tenths of a point to 713.

Additional rains in the west reliev- ing drought apprehensions some- what. and the ebbing of inflation sentiment. brought fresh selling into commodities. Wheat finished 1% to 1% cents a bushel lower and cotton lost 85 to 80 cents a bale. Corn was only slightly lower.

The rally in the bond market, piv- oting around the further comeback of treasury issues. bolstered Wall Streets hopes for autumn business recovery.

TZ._CURB

Ward)

(Johnston and OWN‘

Rooucs

(Canadian Press) _ EAL. Aug 14—Butter “B! 11y higher in Drice while tha itptatoes cased alight]! on the produce and dairywnarket

in weekly auction held at the n! Trade here todny, 815 boxes-

I110 734 boxes of cheese end up butter market. quotations . to 18K cunts I pound for |ll in rarlots or less, an ad- ult] cent Small lots to retail- , '20 cents o pound for solids crnil .-| pound for prints. Re- vere (ivc boxes.

u. unchsnlcrl in price, 0n- rrinmi lV-lng 10% to 1014 cents (iwhllo Quebec choose brought. in a pound. Arrivals totalled

airs ‘u: market wns steady Grad- ipnrnta in less than carlotn o!

Iaegps n-ore priccd nt 2741/, to h,

nuts a dozen for A largo. 211/5 ‘ cents .1 pound for A medium. ‘ 1N5 rents for B and ‘l8 to ‘iil ilir f‘, (‘stints from the west ' . at 21% cent; a dozen for A in", tn ‘ll cents for A medium. inguin- for a and 1a to 12w, in: C. Receipts totalled 2,400

he: declined five cents. now lbsing quoted st 50 to 55 cents lpound bag.

i

EXCHANGE

(Canadian Press)

MONTREAL. Aug 14—Briiish and for-eigu exchange in relation to the (‘unndinn dollar as complied by the Royal Bank of Canada. closed todny us followlz- I

Argentina peso .2715.

Australia po\|nd 3.0510.

Ausiriu schllling .1882.

Belgium helgn .322,

Brnaii inilrcls . .

Bulgnrln iov 0132.

(‘hinn llong Kong dollars

Fseclioalovskis crown 11

Denmark krona .2224.

France frunc .0052.

Germany rclchsmnrk .3872.

tines! Britain pound 4 9076

Greece drachms 0004.

Holland fiorin 0707

Hungary psngo 2040.

India rupee 3764.

ltsly lira .0840.

Japan yen .2064.

New Zsaland pound 8 0670.

Norway krona .2501.

Poland sleti .1882.

lloumanin leu .0102.

South Africa pound

Spain peseia .1351.

Sweden krone

Switzerland franc 112%.

United States dollar 254 per discount.

LIVESTOCK

(Canadian Preas)

MONTREAL. Aug 14—Of‘ferings on the two Montreal livestock markets today totalled 671 head. Receipts were composed of 0'2 cattle. 180 cul- rc-s, 202 hogs and 128 sheep and lnmhs

Two fresh load; of cattiw-mostly cows and stcers_ hnd just arrived and no early sales were made.

Calves were firm. Good quality were mostly It 75 to $5. with med- m kinds around $0 to $4.50 and common light. veais were from $3 l0 $1.50. Drinkers hroullllt mostly I! Gmssern ranged from $2 to $2 75 with the hulk between $2.25 and $2.50,

Lambs were steady at. ill for good kinds. with culls out at $4. Sheep ranged from $150 9'82 50.

Hog, were steady Barons were sold nt $8.75 fcd and watered. with $l P" hog premium on seiocts Butchers. lights and hesriee were $ M and ex- tra heavies $7.75. Sewn were from $5.50 i0 $0 25

.9832.

t 057B.

cent

vertising Rates-

Payahle in Advance

Uni Guardian locals, do. per word: Western and Eastern locals, M

rarer-d; Announcements and Coming l1 J0? werd- In llamortam Notices. 70a.

ta, lo. per word: Olnaalflaa r inch; Llatn of Ilflfll and

Mites] Olfa ng Curls, ate" do. p01 name: Letters of Condolence, 10o.

lint-hi Nut no

a Ill. Other rnt on appl tto

f Thanks and Appreciation. 10o. par inch or ta. per

n. an: Charge for any advertisement twenty-rive unta- +

i-h per word, three inur- l" m one. of m». nueu: la advance.

For Sale

IALE - FEED WHEAT. WIL- iloady, Hazelbrook. L-SMB.

SALE — GENERAL PURPOSE * ($011110) $50.00. Chester J. - Jredericton. 11-8538.

IOARD SUITABLE FOB outbouses, eta. le per Guardian Oflioe. ti’.

SALLIWF. Ind Side Car. Apply Elmer: - . Victoria. L-Stilh. ‘

N. Y. Stock Exchange

(Quotations tarnished by John“; ‘at: Ward llanahera of the llonirenl d‘ lnlllllla and llontrsal Curb Market. 1M Richmond Street ch". lottetovvn) ' Opened

A b B . Anaconda Cop hison . Auburn Auto Bald Loco . Bait Ohio , Barn A Ben Aviation

liur A ' Con!’ mddlhlsch .,, ... (‘an llry Gin Ale (‘no I'm: (‘e1 (‘nrp Poul Sou ,_ _ _ (‘ong Nnirn

(‘om Sol . (‘on (ins ,, , , (‘on Oil

Iiud ..

E I Dupout _ Eastman Kodak Elcc Auto Llrc (To l-iiec Pow Light __ First .\'i|t Stores . Frceport 'i‘vx ilcu Asphalt

Gen Elec

(len Foods

Goodrich Rub .. . Goodyear Rub (irnham Paige .

Great West Sugar ' Houston _

Kelvinator

Kenn Cop ,,_ Llggetts iiiyers B . Loews lncorp Loose Wiles Bis Co llckeesport Tin P]; hinihieson Alkali Miss Kan ..

5|“:

Phillips Pei. Radio Corp Rep lmn Steel Safeway Stores Sears Roebuck . Simmons Co Nncony Vnc

South Pun South ltnii Stand Brands . Stand

Stand

Stand

Studebaker

‘Fcxns (‘o

Tex iiulf Sui 'l‘i|_i1 lioll Boar i'nion (‘nrli Curb l‘niou Pac . . United Aircraft United Corp United Gss Ii S ind Al ii S lluhbor U S Smelt

U S Stool . .. Warner Bros Cc . Warren Bros West Fnion Wqsi Elcc ,, Woolwoi-th (‘o Worth Pump

‘E 3 '1' ‘I. = asxnfsznifs‘.

..."... '

GR};

Male Help Wanted

APPRENTICE WANTED T0 learn Barber Trade. Short Course. expert training. Molar Barber Col- lege. Halifax. ' N-356-

WANTED —- IMMEDIATELY. RE- liabie men to represent old es- tablished ilrm in all parts of Prince Edward Island. Apply 80x25 L-B454.

Boarders Wanted

‘THAN MOTOR ,STUDENTB ACCOMMODATED. l5

Upper Hilisboro Street. 14-8024:

‘ sruoanrs ACOOMMODATED n

BALE - AUCIION F0811- i Bridle and Whlst Score W‘- Guardian Centrai Job Nov, l-tf.

I BALE - DESIRABLE 00T- llumber ll Park Street with i‘ - lot. Apply to Palmer at " l L-eeao.

\'

W1 - aucrron son-r!- iliridso and Whist scorn ' Guardian Central Job - Nov. l-tf.

\ ill-s on. ham-noose. "at Double Garage. Very I L. Below Canadian National 11'! Povmai Street. A. a. ell. Phone1i39. 1,4537.

BAR-DY APPLE. PLUM. "l4 Cherry Tues. All the ‘y uzllll old varieties. Hardy W "5" bulbs. hedging. shade ‘ - a specialty P L.

I'm. Charlottetown. L-aszs.

‘w; A nssmaaas nus!- g “is at Dundas in the best . d nélllct on Prince Edward . o, ‘Andre is three-quarters of

, om with s large store and . _ “in? Wtllpled as General ._ l‘ information write to

3 wenYlg" Caro McSwaiws h. W‘ . 5:1 Yonge ark a?

r

trig...

hjflvso asp prunes. ase.

33 Upper Hillsboroogb Street. L-853l.

To Let

T0 LET - DESIRABLE RESID- ence at 257 Richmond Street. Ap- ply 8d Weymouth Street. 1.43523.

,__-_:_-—-——— T0 LET-ii ROOMED APART- ment furnished or unfurnished. Apply 3t Elm Ave. L-ll434

Extra Money

ANADKS CELEBRATE!) "Royal" Series Personal Christ- mas Greeting Cards. Dollar a doa- en and up. secure orders even in spare time. deliver later. Splendid proiit. Experience or capital un- necessary. Five dollar sample book free to workers. Bradley-Gar-

retson, Brantford, Ontario. N-ltltlo.

Wanted

RASPBIBBIIS WANTED — TWO to three ton. P‘. J. Trainer, Tyrone, P. E. I. b4538-

WANTED-BY MAIDEN LADY- heated room in private family. Light house-keeping. Box 330.

L-8475-8-l3-3i

WANTED T0 BUY FARM CLOSE to Charlottetown. Good buildinsi-

f“ liiltei. comm Prince bi

Ann o rm 0am llill‘: H“

' and Ward) Wheat:— FHICAGO. Aug 14- High

WINNIPEG, Aug 14- Wheat;-

Currencies

(Canadinn Press)

MONTREAL, Aug l4—'l'he llnitod Stntcs dollnr nuri French franc rovcraod their downwni-d trend on lionlrcnl currcncy cxchuugcn to- dny. Sterling advanced 5-10 of n cent to $4 0004' The frnnr wns up 0'.’ of n cont. at (1.52 cents whlio tho linii- od Stair-s doiinr gained ".6 of out: per rent u! 2h} porconl illacount

NEW YORK. Aug li-Punznllnn dol~ lars and other major cum-uric; worn roster in tcnnm of Pulled Staten moncy in a fairly active mnrlr~t io- dnv on the furcign cxchnugca.

pound,

routs. , n loss of iii-'i‘? of nun pr-rccut vompnrvri with Monday”! filial rut!- Pnunrla sterling declinod 10G cents to t5 0015 ntirr ranging hrtwccn $51113 nnd S5 "mi

041m‘ routs

‘(Canadian Preaat Toronto and hlouireni/Etocks clos-

m1 lower Toronto Mlnea- irregularly ion-or New York-Stocks closed slightly

l ' . Oafihnlpcg-Jimcnt down l6 (o l6.

New York-Potion nnd rubber’ low- er; coffee higher; sugnr ilnchnnged.

Under e. new scheme to acceler- ate promotion in the regular in- fantry in London at least 150 senior army ofllcers are to he retired.

The (Jo-operative Citrus Ex- change predicts a record season for, South African citrus fruits. About

100.000 00KB will b0 mi '

ilomiulon (illula i‘|fllt"4l nl 102 1732! A

French francs were off 15 point to

i . llllPPQQ. lot-common W. E 1%}?

MARKET GOSSIP

(By Johnston and Ward's Special Wire)

MORNING llAllZaE l‘ GOSSIP

NEW YORK. N Y Aug, l-l-Aftcr an irregular opening the market cx- teuded its recovery in good fashion yesterday. Contrary to recent pree- tlce the rails were as buoyant as the industrinle. Think market was reveal- ed in Atchisnn and Union Pacific, both of which bud bccu heavily sold. The rally was fairly rigorous but not much net gain was made after one o'clock.

Bonds were while wheat

comparatively firm showed only nominal changes . .

Unless the sliver statement to he made by the Secretary o! the Treasury which was not avuiluhle ut the time of this writing is bullish. u‘? are in- clined to feel the market will suffer some reaction before resuming the advance.

Laldlaw and Company.

SUMMARY

NEW YORK. N Y Aug l4—Colllns und Aikuiun Corp declured regular (iuunierly dlvidcud on pfii.

llomeeflc Crude Oil output in week cndeli Aug. 11 was 2,587,025 barrels. incrcnse 75,844 barrels, according to "Oil nml tins" Journal.

lloiroii. l-ldluou lfo und all subsid- iury l‘(lll'i|Ii|l1l"S l2 mouths July Ill enrnod $5.731 u share, $1 (l1 n share in 12 months cndcd July til, 10113

Chicago Milwaukee St, Paul and Pacific loadings on line in week end- ed Aug 1f totulicd 20,577 cnrs vs. 20,521 in previous week and 17,580 in like 11133 week.

(flilcngo und North Western R'y loudlngn on liur- in week ended Aug. 11 totalled 17,043 cnns vs. 17.032 in previous week und 14.124 in like 10113 wcek.

Pore blarquette lt'y loadings on line in week ended Aug ll totalled 4,873 curs vs. 4,790 in previous week and 4.530 lll likc 193R Week.

s

S1 cents a share in 1088 period.

Gotham Silk Hosiery Co and subs six months ended June 30, 1034 uet loss 5203.091 after charges against net loss $201,022 in first half 1083.

Atchison. Topeka and Santa 14's loadings on line in week ended Aug 11. totalled 2mm ears against 20.720 in previous week and 11,040 in like 1933 week,

Federal Jlesenve Boards condition statement of reporting member banks in ill leading cities Aug 1 shows de- creases for week et $40,000,000 in i011". lilllilllihlm in investments and $34,000,000 in net demand deposits and an increase of $95,000,000 in re. serve balances with Federal Reserve and]: n1

nu in Steel Corn usrier en e June 30, 1034 net profit gqual to a share on six percent pfd stock ag- ainst net loss $58,682 previous quarter and net loss $401451 in June quarter 1038.

Close Up 81.80 34 . (l6 20 58

High L07

. . . . 02 58 89 69 .. 34 00 33.77

. '20 74 20.14

High Low Lust 0ft . .. ill 67 .lii

BULLETIN

(i2 million ounces silver in Treas- ury will be used in full us backing for silver ceriiiil-iites nt monetary value 01' $1.29 pll ounce loss amount re- liuircd for l‘I‘ll‘.‘ll1]\KlDll of silver ccntifi- crates nlrendi‘ issued. silver not under the silver purchase act will be used to back currency only on basis of cost, say 5001 cents per ounce.

D. J.

BANON SAYS

.\IO.\"I‘RFJAI._ Quc Aug 14—-Tmding did not register nny lnnrkei: expan- sion ycstcrdny, but stocks displayed e ver-y strong tone all day. Market behaviour remains bullish and prices uro llkcls‘ Io run into no material re- sistance until the industrials reach

Pacific (his nmi Electric ("o and stills six months i-ndcd Juno Z10 earn- ed (i7 ccnls n common share against

04. (‘oniiriio to maintain long posit- ions established. Banou.

Quiet Session Of Mttli Stock Exchange Yesterday

(0.1! By Guardian's Special Wire)

MO . Aug. lit-Trading was listless in sympathy with the sluggish state of the New York market. less than 8,900 shares changed hands here during a ses- sion that was devoid of any feat- ure.

Hollinger continued to attract in- terest from traders and touched its highest during the present move- merit, selling at 19.25, up 20 cents. Earlier in the day it sold as low as 19.10 after opening at 19.20. Bra- zilian Tjlction rose to l0 shortly after the opening. bell but later sagged to 9 3-4: recovering again, however, it. closed unchanged at 9 7-8.

Tritemational Nickel opened wealciy at 25 1-4. a drop of 1~4. but soon rose to 25 3-8 only to‘

soften again to 25 where it closed.l

down 1-2. Bani: of Montreal re- covered the two-point loss suffered in yesterday's trading, selling at 102.

The er group were fraction- ally lower in light turnover. lvllon- treal Power declined 1-4 at 35 l-Z while shawinigan Power was down the same fraction at 21. Southern Canada Power at 13 was off i-2.

Gains of one full point were made by Penmans, selling at 60. and St. Lawrence Paper preferred at 17. Alberta. Grain, Canadian Car, How- ard smith, National Breweries and National Steel Car were among the issues to advance fractions,

Canada cement, Canadian Indus- trial Alcohol “A", Canadian Pacific, Dominion Steel and Coal "B". Eastern Dairies, Massey l-larris and Winnipeg Electric were unchanged.

Sales 8,858 shares; bonds $10,850.

Mt ’l. S to ck Exchange

hlnotatlnns furnished by Johnston

and Ward members of the MontreM

Stork Iixchnngc. Montreal Curb slur-

kct. 156 Richmond Street, Charlotte- townl

Bnthurst A .

Bro 'l‘ L Pow

R t‘ Pow A

B C l‘n\v B

(‘no Ilrouzo

(‘an (‘nr (‘om

(“an (‘nv l‘fd

(‘an Cel (font

(‘an (‘c-m (‘om (‘cm I'M

can _ -u;»4a..-

(‘orkebnt Plow

(‘or Smelt ... llryricn Pnvur

110m lirillgo _ Dmu Stool o(‘nl B . Dom To! (‘om . lhlrlls . . Iloil liolil biinca

c155» . *";‘-‘<,;§-‘1 531;. $.35

of “Emil!

or Harris .\li oil Front Mont Pow

.\'.'|t

II.\.\'I\'§ (‘ommcrce Xluuircnl .\'ov:| .\‘coti_.1 ilrgvni .. .

Muwzvé

(Canadian Prune)

TORONTO, Aug 14—l"euturos wet-r locking in todnys session of the mm» ing share market which closed with losses shmviug u aiunll umrgln ovoi‘ gains Volume was lliIWll in Illlilfillil shurcs. Priro vnriuiions in tin». lug gold group were. loo narrow to lwnv nny slgnificunco whilo ailvl-r shores rwro soil in lonc nntl linsa oicinis ub- out stand)’

(fnnaellnn Prensa)

TORONTO, Aug 14—

Stocks

r\l‘llif‘ Oil .. la .

lirnioruu ll R X .. liulf (‘un . Iiuuk llill Buff Auk l'ni I-ldlu (‘on .\ini (‘nrihoo . (‘dstio 'i‘ l‘r~|| l'ui l'l\l‘ll1 [its (‘hilmuz t‘|!~"|'_\' (‘oluulnrio .

“hi.

‘u Foothill! ..,

Dome M . Eldorado l-Fnlcnll . - . (iorlla Luke ... Gnlilalo ... (lnodflsh .. Graham ... Granada ,. Grandoro .. (income ... ttunnar llulcrow l-larkcr .. lloilingcr l-lonlcstcsd Ilowcy . . Int .\lin Cor K lion

Kootenay .. Lakr-innri

.\'orih i‘ ("an Oil . . . . _, Paymastcr

Fiononn Prcmior Picklc (‘ro _ limul .-iuti| Rollo ilolrl

Sud Rosin

Sud (‘om _ Silrnnite Sullivan _ , ‘Fcck T! , ‘Thoma (‘My _ _‘ Tmwngmar Yaccuul Vouturca

“'1'

UNLISTED

Alrinrlllllu

Assoc Oil

Rroii 'i'r

Rrr-tt Tr Rrorvnlea

("an kirk .

(‘on .\lnn Fhurchill

r‘ (‘oppor

(‘nhnll ..

Dill ilil _ . llom Exp! ,_ Dom Kick

LI2~l;ZJ;i:; ~'< i»; 5-.

(iillvrc . ll-nm- Oil

l'nr.- _, "Pflfiin" l-l ll lillvilll‘

--

Guardian 0 f

Back 0f your

Farms and Homes.

tlian policyholders.

Could you wish for better security?

IFE INSURANCE

TANDING squarely behind your Life Insurance are this resources of Canada, represented By investments in the securities of her Dominion and Provincial Governments—her

Cities and Municipalities-her Utilities and Industries—h4et

r In all of these, Life Insurance has sulislantial investmcnts-—¢ “investments which are held for You and 3,000,000 other Candi

Hold fast to your Life Insurance. It stands behind you "d5

the resources 0f Canada stand behind Life Insurance.

Canadian Homes

1.10341

_Alderdice Given Leave OFA bsence

(C, P. by Guardians Spcrial Wircl ST. JOHN'S. NiitL. A1103. l3-—H0l‘i.

F. C. Aldcrdicc, commlssioncr of home affairs and cducation and vlcc chaliman oi ihc commissloii government. oi Nmvioundinnd. tn- rlay obtained a thrcc months‘ lcovc of absence because oi‘ ill health.

Aiderdicc. who xvas Prcmim" when tho legislature surrendered H; charter in Novrmlwr, 10.33, ox pacts to soil soon for a visit to Northern Ircland.

MOON TRIP 1mm rosslnun

If necessary a trip in thc moon would be maric, dcciurcs Proicssor M. Gurhnch, Director 0i i-hc Ohscr- vatory of Ncubaboishcg, ncnr 1301"- lin, Germany. At least the day is

not far distant when some means of communication bctwccn the earth and the moon will be dis- covered. he says. "I am certain." he declared recently in on inter- view, "that should some urgent necessity arise to compel us to nt- tempt‘ the task. we should conquer the moon with the resources at pre- sent at our disposal. By journeying to tho moon we should not only have to iacc terrific variations. of atmospheric. prcssurc and ("mpcr- uturc. but ill9l'(‘ vrould also he thc added danger of bcmq dashed

enmst stone lrasmenn whiia rudi- h- I51 nae!

Messages Sponsored

TWO PRQBIINENT BRITISH WOMEN DIE IN LONDON

NEW YORK Aug. ill-The deaths oi‘ two outstanding Bi-iiish wcmhi. Dame Jcssic Phipps and Mrs. C. S. Peel, wore reported today in Lon- don cables io tho New York Times.

Dnmo Phipps, first woman chair- man of tho Lmndon County Coun- cii‘s (‘dlicuiion ccmmittfv. dicd yes- icvday of heart fnzlurc .Shc was 79.

Mrs. Pccl was one oi the {orc- most of Britcinis domestic journal- ists and a shvc-"(l cHronlcicv of soc- ial changes. Err curly associations wcre with thc magazine Woman when it. was oditcd for Arnold Beu- nctt. whosc advico on thc tcchniquc of writing proved invaluable for Lord Nothcliiic, who. it. is reported, paid hcr thc highcsi salary cvrr 0i- lcrcri tn n woman writcr.

She cdltcd tho ivomaifs page. wroio rookcry books and assisted an planning his garden city. Wclwyn. She wrotc tour nvvcls.