JULY 27. 1932

Mil

MARKELCOSSIP

‘h. L Q9010] Associated Pllll

I k.".'."'.ii.'ié."'uu/ e-roo-t-r- . ‘"79"’ m, gull averages ~ sed r fivs consecutive advance i" Hulls during the day shares "in: realising sales and worked mehlgllﬂ‘ but rallying tenden- Hi7.” c ~ robust pin

yesicritilllt-m

llﬂunﬁﬁe pubic aftar the close, W‘ ‘how n large deficit wbsdsver

jirectofl decided to do on the i9 o; m, preferred dividended; F“ more, some obsvrvers were “ma.” whether it was advisable fwd’ market to attempt too serious- ‘,', discounting of business im-

of fractional

‘Mensa w," were largely to "on"

mwrllolll, amounting i

(pl-eign Exchange

NTREAL, July 26-(By The mun Pressl-llritish and foreign wipe ill relutinll to the Canadian , ,- lls compiled by tho Royal ; r bf Cziliudu, closed today us fol-

rllinii Peso 0.2077. ‘lis Pound 3.2541. tris Schilling Not quoted. [sigiunl Iit-lgn 0.1587. |m|il Mllrcis 0.874. yulglirin l.ev Not quoted. mils llong Kong Dollars

d. whoslol-nkin Crow-n 0.0340, ptlllnark Krone 0.2103. [inland Firirnnrk 0.0181.

nee Franc 0.0448. lrrlnany Rcichsmark 0.2718. ma. Ilriiliill Pound 4.0575. Greece llrill-hnln Not quoted. Holland Florin 0.4007. ullgury Pengo Not quoted. dill lllipce 0.307 My Llro 005st plin Yi-n . 17. [OSillTiii Dinar 0.0101. m Zcuiiind Pound 3.0880. ﬂﬂﬂiy Krnno 0.2021, lililll '/.l0tl 0.1204. umnniri Leu 5.5075. illn Peseta 0.0017. cdcn Krone 0.2080.

[lnrlllllil Franc 0.2228. , uliioii Suites Dollar 1415 P.

lulu. EXCHANGE XEW YORK, July 20—Foreign Ex- rlge lrroglllfil‘. Great Brltsin_ 3.54%, nce. flill 0-10, Italy 5.00%, Bel- Germeny 28.73; Csniidn

I101

tock Exchange

(Canadian Press) I High

51V;

30%

ii Low Close lrll (‘hcilllwil . .. 50% lnerican (‘ .. .... 35% illl 5100i! ltfg .. 9 Am Tel Tel

laacondzl Cop llchison

uhllru Auto .. ‘iltimore Ohio . mill Sit-cl

kryrler Motors ’tl Gas lllrc .. Jansollilstoil Gus ‘orn Products .

l lllirl-sotors . . [Nickel ,, ,, , l Telephone ..

n (‘nppor inbcrr (‘n

...

inmollnt piiilllx

b Scrv nf N J’

lo Corp ,, in Keith Orph

- Roebuck Pacific Tlnll .. .. ... lirnnrlii ..

lted (‘urp lied Gris imp ii Rubber ,__ l Still-i lln Rtiu-l

"iii. Bros (‘o . .. 1 1:?

Fl l a

l ' rlolllkaagrlhnpgn n“ " 12%

, .. 20 r ortiilngtnn Pump . ___._._i___ l

WESTUBK IlR_KElS

, t (Canadian Press) l liandb. July 20—'l‘hare were ‘ “a. i110 sheep and lambs, 1,055 i “n t 35 calves for sale on the inﬁll real Livestock Markets to- , M ‘Illicit 80 mm and 10o hogl Night!‘ from yesterday's markets. Calves “is” n” mun‘ m" ere dragging also slowly . ,1 “éﬁlttsrdszsﬂqmatioas or a- - o fillfnmidlum k Goblin i v: "lu-Tu d. ‘a H one ha were mostly $5 with ‘m l $4. llxed iota sold et l5

0O .71 l0 0 Ch ti "rm"! N and ‘rigour: sew:

, anadian Cont. i"!!! Quotations

(Canadian Pleas)

Canada Canada 5 Canada 4 .41

to check stock night G

“\ v.

‘A Month ngo

N" l boint in American Can. New York Central, Baltimore and Ohio Aruarlvcxl ‘Eretllsiphons. ‘tkilonsolidate ,. , e n To acco "8' and National Biscuit. Steel com- mon was down a point and the pre- fﬂflll. IID I point a the hast, was oft two not. General ectric slid West- inghouse showed some firmness, and there wero again encouraging M. vances by numerous preferred equi. ‘ties. Olls provided the chief vehicle for speculative ventures on the up. side, although they, too, closed most- ly lower, Transactions toteiisd 1,403. 515 shares. ' Whaf, the Stock Market did July‘!!! ‘ Tue Number o! advances . Number of declines Stocks unchanged Total issues trade

Grain Market“

WINNIPIO

WINNIPEO. July 20-437 The Canadian Press)_—Gond export of- ferlntll imparted strength to the grnin market here today and closing prices wcro 1% to 2C over the previous close Jilly advanced 1K0 to 575“); Oct. gifts 50%). 00; and Dec. 1% to

Quits Rood buying by export in- terests plus firmness in Liverpool market sent this market upward, and ns it advanced offerings appeared to become scarce with the result that gains were easily held.

Foreign business was estimated at 800,000 bushels, making total sales this week of close to one and a quar- ter million bushels.

Russia wsfw-eported to have sold wheat to London for August and September shlpmsnt_ but prices naked were quite firm and quality offered comparatively low.

Filrther crop dnmge was report- od from Italy, France and Russia. Winter whent harvest in Russia is licing delayed by rnins_ while heat is

king toll of spring wheat crops near the Volga River.

Some improvement wns reported in demand for top grades of cash whest hllt offerings were light. Eastern mills were again the best buyers. Spreads on nctlro grades were slight- ly better than on hinudiiy. Wheat de- livered through the clearing house Tuesday totalled 1,384,000 bushels. Wheat delivered by prairie farmers to country elevators yesterday was only 67,000 bushels compared to 316,- 000 s year ago. ,

Actual sales of coarse grains were confined to a fair quantity of barley for export. July out prices were run up about 3c in the pit.

cross‘ A Wheat: July 57%; Oct. 50% to 60; Dec. 01%. 0581!} July STAB; Oct, SOQQA; Dec.

28% Hgarley; July 3355B; Oct, 85%; Dec.

CASH PRICE!

Wheat: No. 1 hard 58%; No. 1 nor. 57%: No. 2 nor. 54%; No. 3 Ilﬂl‘ 5255; No, 4 nor. 51%; No. 5 nor 47%; No. 0 nor. 41%; Feed 38%; Track 570i; No. 1 Dilrum 52%. .

Oats: No. 2 C. W, 39%; No. 5 C. W. 2407,; Ex. 1 feed 30%; No. 1 fecll 54%;

V. No. 2 feed 21%; Rejected 21%; Track 33%

Brlrleyt Ne. a c. w. sari: N... 4'0. w, am; No. s c. w. can; No. a c. lv. 2m; Truck am.

vsnce in wheat values took plscs to- dsy_ largely ss a result of increased speculative buying and better export demand.

Some forecasts of 108': Csnndlnn whcnt production put the total ss low ss 4001100900 bushels, whereas recent trade figures have suggested 450,000,- 000 harvesting of domestic spring wheat was reported under way as fnr northward ss Northwestern North Dakota and Northeastern Montana because cf premature opening.

Wheat closed strong 1%, 8i cents nhove yesterday's finish. Corn st V4- il; decline. oats unchanged to l5 off and provisions unchanged to 10 cents

down. BONDED WHEAT NEW YORK, July 26-801mm! wheatmclosed firm. Close: July 52%; Oct. .

S to ck Averages

(Canadian Press) (Copyrilhg leugcﬂtnndnrd Btidliisis

50 iild 20 rr 20 ut 00 tn 43.1 17.0 03.8 42. 43.0 1&5

15.5 73.1 157.0

110.4 30.8

Todsy Prev day Week ago

Year sgo 3 yrs ngo .. 5 yrs ago u. High 1031! ..- Low 1932 ... High 103i. .- Low 1031 High 1830 Low 1030

The Montreal Curb Market

__..-_-. High Low Close ‘i5 05 ‘"05

10 18% 6

112.0

Stocks gieauhialrueisrlA .- ou .. - BrTtIshIAmerIcan oll 10% 1°

Canada. Drldlﬂ 9°“

gig CQBrR-Bea .... 5%

Dfrginiouu Store 16% 15% imperial Tobacco 8% 3% Imperial Oli .. .. . 1 97s inter Petroleum ... 115i 11% Lake Shore .. ..

Page nerd Liln . Tack-Hughes

Walker, Hiram .. e Wright llargraves .

W’ PRODUCE

(kindle! PM") Ll ht f d-

‘roﬂvannlﬁ héglyitlgprgduce "and dériftta-tudeclined, becoming 11% 4° a pound for carlota or less To retailers solids Wm '-‘°

riots 21 cents. Receipts Cheese wagnfilm Ontario's being g o gag “up s 'suiid ad Qllilm" 0i: do 0 cents. eceivtl W" 7-29 lgga ruigd steady, quotations brill! to to um mite to. mm 16 to "'5 cents (or firsts and l8 to 15 0"" for seconds. Receipts WIN l." l" f;

alautreel potatoes were unchaugr n so go 1e cuts oar U W"! "W

israsp 0mm‘ Menthol-ml" masthead. A sure. INN! "m4? tcrburnneprainefahtlbiwllwi“

win" n“ @111], IIIU, 508M “It. Invaluable for inﬂammation and animal‘.

f, it reflects a Iii-point gain by nomin.

CHICAGO I CHICAGO, July LIB-Material ad-

m is spending her holidays at Win-

ilontreal ilariiet Slllelights

ii ‘ “illai (Canadian Press‘ f

ufwW-PBIAL. Jul: IB-Foliowlag . the"? Kallening, in which a number of reuordresd era iris“ the current advance “ma, i?" 8h! for the month the ed h In r et ln todays session turn. ‘uhnfrltl.’ {Hider the weight of a fairly "l" nus u‘ voixums of profit-taking ‘how-n In s cose here. losses were m h" "excess of gains b 15 to w; w ' ° "9"" prlca o twenty

cks showed s “in 5L h, 3"!“ i" "16 index does not give a lllcture of the day's market here, for

ion Glass. Exclusion of Glass included in

compilation would have shown

average. down about i4 poi

MONTREAL, July 20-(By The Cllllliilﬂ FIND-Prices were easier on the Montreal Stock Market at the close todsrwitir s few individual is- Bu" mo“!!! against the trend. The softer tone was brought about by some local profit taking and reports of weakness in wal g dull morning period, wsrsWvell" alhtsined_' the market turned active in the afternoon with 039F108! in the majority.

Montreal Power was the leader on the list." The stock was active from "I! 00911103 and sold up to 35 before noon, only to recede in the lsta trad- ing to close at 33%, off Y. from last MINI, Close. McColl Frontenac yes- terdays nctlve performer, showed considerable turnover at the close with price holding steady at 10% all day. odd lots selling 1,5 higher,

Canadian Pacific Rnilwiiy_ Nation. si Breweries_ Shavrinixsn Power and International Nickle were all active while Brazilian Traction saw less' trading than usual. C, P. R. lost 54 to 14% Breweries wns off ‘V; to 15M. Shawiniglln was 1,4 lower ilt 12% and Nickle lost 5Q to 6%. Brazilian at 10 was off ti.

Quebec Power and Mnssey Harris moved against the trend, the first i-‘ioliilk at 1l%_ up Iﬂvaud the letter It 4%. up ii. Canada Steamship pra- fcrrcd wns up n point to 4, and Do- minion Textiie Prcferred_ a rnre per- former, wns 4 highi-r nt 80,

Consolidated Smelters lost 2% to 55, Canada Cement was off 5i, to 5M. Cockshiltt Plow off I)!‘ to 7 National Steal Car off 11,1, to 8, whie Power Corporation at 8_ Cnnsdn Steel Pre- ferred nt 20 and Montreal Trsmways at 40 were unchanged.

ln the Banking soctloh lllontreai sd- vnnced 2 to 182, while Banque Csnu- dlenne Nstinmlle lit 127, Royal st 145 831d Nora Scotls nt 2-15 were unchang- e

Montreal Power Debentures were 1A lower at 40. 1

'i‘r-tal sales were 19,851 shares and I 800.800 bonds.

The Pound Sterling closed at 34.0575 and the Pniteii Stntes Dollar at a premium of 141/, per cent.

New York Curb

from the

(Cnsldllll Prams)

Stocks High Low Close Amer Cyansmid R 21‘. 2% 2 Amer Super Pow Cities Service Co

Niagara Hudson

Std Oil lndisnn . Stil Oil Kentucky Un Lt Power A .

Miscellaneous

(Canadian Press)

lilONTREAL, July ‘Jli>—Bnrley, (‘un- ndilln Western 3, 41: Oats, Canadian Western No. 3 .41: O ts feed, No. 1. .30: Flour, spring wheat patents. firsts 4.80;: Flour, seconds 4.20: Flour, bakers 4.10; Flour winter wheat pnteuts_ choice 2.50-2.00; Flour, white corn 4.30; Bran, ton 18.2.5: Shorts_ ton 20.25; Middlings, ton 24.25; Rolled oats, bag 00 lbs. . i Hay No. 2, per ton cllr lots 10.00; Cheese Ont, .00l,$-.0§%; Cheese, Q11?» . 1541014; Butter No. 1 finest .1796- 1714; Eggs, fresh specials in ear- tolis .2748; Eras. fresh extras in cartons .2562"; Edi". ""71 31"" ill Cartons .21-.22; Potatoes, new N0. 1, Montreal, 80 lb. ‘i131 .il0-.75.

Si AR-

NEW YORK, July 20—1taw sugar was steady and unchanged today with sales of £2,800 bags of Philip- pines and 81000 bags of Cuban n prompt positions to refiners at Sill.

Approximate sales 12,500 tons. Sept. close 1.01; Dec. 1.07: Jan. 1.04: Mar. 107: hlsy 1.12; July 1.18.

Refined was unchanged at 4.10 to 4.15, with some second hands avail- shla to around 4.00. Business mostly represented withdrawals against old

contracts. COTTON NEW YORK, July 20—Cotton futures closed steady. Closing bids:

' v

Au 505; Sept. ct. 577-78; Nov. 584- Dec. 502-08. Spot closed quiet. Mitiriling sso. Liverpool cotton spot quiet: prices gnrligliiIOl|1,AI11Bl'il‘lﬂ middling, ruli- 5.50: strict good middling 5.05; iron-i ruiililiiniz 4.80: strict middlinif 4.00: middling 4.50: Strict low nliddllnn’ 4.45: low middling 455- strict or- dinary 4.15; good ordu 8.85: re- ceipts were 13,000 bal including 5,000 American.

YORK NOTES Rev. G. A. Grant. Eiderbnnk, N. a. is spendln a week at West Coveheed. Miss Marian N. Saunders. City,

aloe the guest o! Athol and Mrs.

Bell Telephone .. ... B

C a fic w‘ coeluiiiut Plow .. .,

Cons Min Smelt Dryden Paper -.. i... Dom Bridge ... Dom Glass

Drlces G

Lindsay Co Pfd Massey Harris McColi-Front Mont Power Nat Breweries .. ... Mont Pow 3% deb . Nat Ste Power Corp

Quebec Power Shuwinigan .. .1 Sher Wiliinuls .. Steel of (‘amide S of Canada Pfd ... Win Electric

Commerce Montreal

Nova Scotlu lloynl

close) Sales Stock

THE CHARLOTTETOWN GUARDIAN

DA Y§ s

t Montreal

Stock Market Quotation:

(Canadian rm.) Bl

asnsshn x_ s:

(‘eineut Pfd Hydro Pfd Steam Pfd . P ci

L???‘

ﬁ

§»gSwg:~a4:>$§a

..< "s ... ... ... .. .-

el Car .. ...

.. .. i... ...

8% s nsrms

140 145 ... 1841/; 1R1 ... 210 2i5

...

.. ... 11f! 1F’! 2-15

145

Mining Stocks

(Canadian Press) ' TORQNTQ. July 2o—(Mining sales Close .85 .02 .12

.0116 .00

5200 B Holllnge-r . 100 Base Mot

0500 Bidgood . 0500 Bunk Hill . 000 l! C Pioneer . 1300 Bull Can 2000 (‘ilnllsa

500 Castle-Tr

500 Chiboug 1800 Columario 1020 Dome ... 1525 F'hridge

500 Goldfleid 2000 Bolling .

- 100 Hmstead

5200 Howey .. . 5350 Kirk Lake M5 Lake Shore

3-1000 Mscssss .

1100 McIntyre

250 Min Corp . S500 Muff Hall 2500 Moss .. .- 5000 hiurphy . 500 Newbec 1250 Niplsshig 3010 Nomads S800 North Can 1000 Premier .. 1100 S Antoni

1000 Sud Basin 5100 Sylvsnite . . S500 Tasbotn .. .. 1085 '1‘ Hughes .. .‘ 2.100 Vipond .. ... .01 .01 3-145 Wright Her . 2.04 2.90

lrer. . Total sales 815,000 shares, IJNLIBIED

1500 Asso Oil 02% 100 Hsltsc ... .05 1500B Missouri .. %00 Cen Man 100.0 C-Resch . ENC-Copper . .. 100 East Crest .- 1080 Eldorado . . 4500 Goodfish . 1500 Hud Bay ... 5807 Nickel .. ... 5000McLcod .1 ... 3000 Nordon

7500 Aigoma

500 Bobio .. 2500 Brett ... 1000 Brownlee . 1000 Cap Ronyn

500 Cen Pat .. 2000 Dom Exp] 2000 Gem Lake 1500 Groseils . .. 2000 Kirk Hunt .

500 label Oro 3000 lalrohic . M00011 Select ... 2000 Potterdoal . . 17500 Ritchie .. 3000 Sud hiincs .. 1000 Wood Kirk .

MONTAGUE

Friends of little Veuyan Allen

will be pleased to know that she is doing nicely otter her operation for tonsils on Thursday morn- ing.

Rev. George ltswart, accompan-

ied by his wife, left Saturday morn- ing on their retum motor trip to

Boiler.

Mrs. Bustin and Hrs. Johnston, York, spent yesterday in the Citr-

Miss Helen Oiemenh. Boston.

hasarrlvedintheuitytospeud the usual holiday in the Province.

The Guardian regrets to learn of the continued illneﬂ of Hrs. John Stewart. Dnnstathlse.

1dr. and Mrs. Innluei Doyle, Ja- mgiaa Plains, (Gnarly of Pleasant Gum are visitinl in the city.

Kentucky after spending three weeks at Montllllﬂ. t-be guest o! his mother, Mira. D. I. Stewart. While on the Island Rev. Mr. Stewart preached at Montague and ‘last Point. Ill‘. llld M11. Stewart

in?

0ND Q U0 TA TIONS

in machine y.

strand ia imp

age and extra safety.

is roinfo

3111i-

GUM CUSHIONS An Extra Value

Cushions of pure gum rubbannoulded in between the plies oi’ cord fabric, making a “bearing” that reduces irioiion and wear at these points as effectively as ball bearings do

The GUTTA PERCHA Tire

In the Gotta Percha Tiro, shown above, only the ﬁnest quality of cord fabric as used. Esc

ted and encased with rubber to prevent cor chnﬁn and to give aim mile o Gulls Percba Tire roed at the sidewalls and has Gum Cushions at these points to give earn pro- tection and srrenglh-wxtra values at no

GIJIIA PERCHA IIRIES can eosaioeeo

Made by tile Largest All-Canadian Rubber Company — Founded in 1883

THE ROGERS HARDWARE CO., Ltd., Charlottetown. TANTON BROS" Charlottetown. BRUCE STEWART & CO., LTD., Charlottetown.

Ls. v;

p That run on Cushions!

-.~,.g;~;,.r,;- 115m?

UST SUPPOSE you could drive your car gal-n: maids’ paved with chesterﬁcld cushions. You wouldslifeiy get tlliousanﬂs of extra miles from your tires, wouldn’t you? We colildn’t build cushions into the highways so we built them into Gutta Percha Tires. "Gum Cushions,” broad pads of pure gum rubber innit. in between the layers of oord fabric, completely absorb average road shocks so that the tire is not bruised. They lessen even the most severe shocks so that the oord fabric is not ruptured. They absorb the ﬂexing strain in the side walls of the tire. They reinforce the bead of the tire and absorb strains there. Only Gutts Percha Tires are "Gum Cushioned.” Only Gutta Percha Tires give you this amazing EXTRA protection which means thousands of extra miles from your tires, and extra comfort and safety as well. ' Yet Gutta Percha Tires cost no more than ordinary tires. You pay nothing extra for the extra values you get. Gutta Perchn Tires will give you better service from the ﬁrst day on. Go to your nearest Gutta Perchs Tire dealer. He will tell you about Gntta Percha Tires. Find out for yourself how "Gum Cushions” are built in to give you extra value at no extra cost.‘ Then choose them with conﬁdence for your car.

OUTTA PERCHA 8t RUBBER, LIMITED Head Oﬁoc: Toronto Branches from Coast to Coast

An Interesting Accessory for You — FREE Your Gutia Pcrcha Dealer will give you FRIEE a handsome, polished metal service record to remind you when to change olLwhcn to lubricate the chassis, when to check tires, battery, etc. Convcnicntlysmallwnbc fastened ln your

oar in a filly-Ask him for ii.

- ' l.‘ ‘airw- "f ji- are».

THE J. J. HUGHES CO., LTD., Souris. KING'S COUNTY GARAGE CO., LTD., Montague.

highest esteem by his employers n11 era-workers. He resided at Montague for e number of years moved. wtuﬂhls family, to wn- MII: 0mm last April. Ho leaves a devoted wife and (our small children, Oiara. Catherine. Edith

Oeail to mourn the loss or a

loving hmhend and father.

his friends and loved ones. The Pie 1M0" "when I ‘m “med w PM‘! “m! ‘he “Mme” c‘ the w“ when; service w“ wnuuetqd by contemplate the idleness of some wealthy is admired as the idea Rev. Gordon Prlngle in the mp- men's 11m a amt Mom law wndilwn- tlst Church at Montague and was immersion of W- "lib "c" d"? very largely attended Pallbearers distress do” the minim-w of H" mt m were Alfred Gillls, Charles McLurg, this vanity fill ma: but 1 never tire Good intentions are at l m,“ gm-lm 511mg lam-L 30mm watching a workman at his ~cccd of good actions and every mas Kiilsm and Issac Bears n task, on account of a celtsin lofty alight to sow them, and leave it t: . .. __ ‘dignity, a certain majesty, thatlthe soul and the sessions whethe surrounds him in my eyrs." Evil l they conle up or not and whetherhs rwm n h, m. m, mung-y when ior any others gather the fruit.

wrim tile author of "m. sim-lvork ma! w be mmllr d"- 4" w- TWP“

idleness

,1 --e