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10105

S

Stock

, Exchange '

I

Ionian

l RIIIIHIQI ofl mlflllfi ninth: mm d!

aim Street

‘ waned

5k C!!! I'm" .. 10 10 [Inna Thu-Fir . . . 531/, oil Bel CUP‘! 23% 0m Still . 1% 1i,‘ C0118 1 39% ilhss Uh u 41y 41 Chic Nor-ii 1i 3 Chrysler Mot . 30% 30% Dolum Carbon 74% 75% Col Fuel iron 1% 1a

Colour tius Elee S01

Iuiluizui i - us. ._

United Corp 27s ; United Gs Imp 12V:

_-~ U s Ind .41 40st 4. U S Rubber 12K 11's

5r, g U s Smelt . 1011

g3, 2 U S Stee ... 5i

‘ 315;, g1 Van Steel .. .. ~ 13*

T“. u, '1‘ .~=ul .. 315/, 31 Warner Bros Co . _, g “Union (‘izrhlili- (‘nib 497s 50% ‘vzzizow-Ifrt," ' , “ 35%

lm Roll 1mm . 31% 51% _ E, w“

Mnwrm: " ma: m“ $0::\V\ll'iefi (ab. "- u." ~ n 50% United Air-"riift 1i . 12% Worn‘ mum‘ _ W,‘ 15%

23v, wvnm Island oimtains 05 cents.

‘i; 4...“, or...“ is 0.60 cents, showed

‘Markets At ‘ Glance

(Canadian Iran)

Ihrcnto snd- Montreal-indus- h-iai much higher.

Monte Mines-irregularly biw-

It‘.

New York-Stocks slightly high- O1‘. ‘grinning-wives, down i-a to

n‘... York-Cotton steady: rub- ber, sugar and coffee higher.

PRODUCE

(Canadian Press)

MONTREAL, April ls-There were no price changes on the Montreal dairy ma produce mar- ket today as receipts 00110131160 fairly heavy and trading dull On the egg market graded ahimnexits in catlots or less brought 19 cents a dozen for A large, 1'! cents for A-medium. 16 l-2 to l’! centsfor B and 15 l-2 cents for C. Receipts were 2.649 cases.

No. 1 regraded grass butter in csrlots or less held at 22 3-4 to 23 cents a pound with fresh no 1 imt- icir at 22 l-2 to M 3-4 cents. Small lots to retailers were quoted at 24 cents e. pound for solids and 25 cents for prints. Arrivals totclled 14'! boxes.

The cheese market was steady at 11 1-2 to 11 3-4 cents a pound for no 1 Ontario late-fall receipts and 12 i-2 to l2 3-4 cents m summers. There were no offerings. -

Light Quebec mountain potatoes brought 62 cents per 80 pound bag and darts 5'! cents for similar quantities. New Brunswick moun- tainswereMcerrtsaridPrinceDi-l-

. Currencies

(Ca-naflan Press)

mew vonx. Ami rel-sterling and" the Canadian dollar averaged moderately hicher. the PM!“ franc a little lower, in the foreign

g nmrkets today. ' ~ The sound sterling rushed “a W a. closing rate of 84-95 3-3 1°!‘ l gain of 5-8 of a. cent while the Do- minion dollar reduced its discount from 7-16 to 5-16 percent. The

n. loss of .00 5-8 of a cent.

- mammoth. April le-The

pound sterling, the United fillies

dollar and the French franc all

closed with lone: on Montreal

Tlhe .

pound

$4.90 9-16 while the dollar eased G-SZofacentMIAU 0816991‘ cent premium and the franc de- clined .010! a cent at 6.02 cents

TROOPS AFTER. BANDITS

(Canadian Press) LAHORE. India. April 14-De- spite hanging of notorious outlaws, bandits are still outrag-ing in the Mainland district and troops have been sent to clear up the tuaticn.

i Adv:

w an!

h. word: In

Solemn-ll Offer-inn. Cnrdl, are . pa: lnohr Notloaa 0 l“ Other rain! on applies!

Central Guardian lcenll. G0 P" "0"" " pa: ward: Alllnnncclwnla

lanarlam

l0 Iiulmuln can-av r» an: advertise-w" WWW-m‘ "*-

ggg-gih-ze per word, three lllll

Mann for tho Ifl" payable in M1701!"-

For ran sass - so

Of CWO. ltrlnll)

Sale _ crroa roux-

Iive, Brit!!! and Whist Scorn Carib. Guardian Central Joli

Printery.‘

IOI SALE -- HEAVY

Nov. l-tf JRDWN

Paper suitable for placing under

rum, etc.

Guardian Office.

3-2041. TWO EARS.

i I'LL! $1“ ‘Amy to 140 Rochfard ltrvet.

Winninl

IATCIIIG FROM

L-Slll-l-lfl-Sl.

0000K. l0 061th; l

a T. It. Beer, Giarlottetown.

I44fl7-4-1O-8l.

,r (was. Molt on, low-

rtising Ram-Payable ill Advance

“U. t‘: 10c eI-llldlll ‘um ain't-i Imm- of Onndolenea 1o» App-auction. 70a. pa! inch or (c. DU

WANTED -- MAN FOB FARM

W t ra and Enter: locals. lo Ivtn: la. I torch Clan-Iliad lnta ct Ilornl and

Male Help Wanted

Apply to Harry mswell,

k. w“ 14-5032-4-18-81.

Clyde Station.

WANTED - AN EXPERIENCED man to take care of fox ranch. Apply m Queen St. Charlotte- town, ~ bwm-4'15"sl

Miscelladcoua

POLICE WATCH DOG, SUITADLI for ranch or farm. A ly Guard- ian Office. ' L- 7-4-1541-

YOU cannon- rossrau can! enough Lil; Insurance t0 "D1160 your economic value. but You'd be surprised how much W“ M" u,“ m- ; comparatively small qutiq. letter see J. A. Moors Bin rue-mu of comment‘

Boarders Wanted

A a ‘ gflgnflin‘ ‘fiifllfilfi. 1Q gone. . n-uui-i-u-ai

‘N11 - L“ L01"- ‘ DIM. ' “mm”! m famous-n.

' Work Wanted ‘Ill’ "vi 0N

Faflllle

i

TERDZ Y’s STOCK

NEW YORK EXCHANGE

fly Frmk Machflilcn. Preps Financial Writer) (A. P. By Guardian's S I Wire)

NEW YORK. April i The mar- ket see-tamed today. but was tilting

,. ‘ toward the close of trad- ing. Advances. while generally small. well outnumbered declines at the finish. »

Failure of the Supreme Court of the United Stbtes to render ite long-awaited decision-in the rail- road pension cans. Qaused some disappointed ' liquidation in the carrier shares around raid-day. and the first setback in over a. fortnight in the ‘price of bar silver- prompted some selling in the non-fe metal grorup. liven in these divis- ions, howevu‘. the closing tone was improved over the iovust for the day. ‘

Bonds and commodities failed to lend much encouragement to equit- ies, and their resistance to early pressure was rated in some Wall Street quarters as the more en- couraging ‘for this reason. The bond market was a. little wobbly as sec- ondary rail issues weakened mod- erately, hut at the finish the tone was about readiy for industrials and utiltities. ‘

Stock market turnover picked up moderately "to pass the million

A good part of the increased turn- over came in early dealings when the market, especially in the spec-

modereteliv advancing levels. The Aascoia‘ ‘ Press average for 00 stocks was .1 of a point hflher at 30.6, despite a. decline in the i5 rail stocks of .5 of a point to 20.8.

Canadian- issues showed losses ranging up to a point. These in- eluded Canadian Pacific, Dominion Stores, McIntyre-Porcupine, Dome Mines. Holllnger. Lake Shore, Braz- ilian and Distillers-Seagrams. Hir- sm-Walirer. mternstional Nickel. Shawlnigan. ma of Canadaand Imperial Oil were fnictionally high- er.

CUMBERLAND HILL W. I. -

The monthly meeting of the Cum- berland Hill branch of the Wom- en's - ‘ utes was ‘held at the home of Mrs. J. J. Campbell on April 10th. There were seven mem-

_m11‘a, Hunter was in the chair. The meeting opened by singing the In- stitute Ode followed by repeating the Creed in unison. TYISVIIIDRWS of the y meeting were~=then read, approved and signed by the president. r

The following new committees were appointed: School, Mrs. Jas. A. McLeod and Miss Almira Hunter; Sick. Misses Julia Campbell and Hazel Burdett; amine, Mrs. J. gwgfcDonald and Miss Hazel Bur-

e

Correspondence from the Cana- dian Red Cross Society, the Prince Edward Island Society for the Pre- vention of Cruelty to Animals, and the Children's Aid Society was read, also an excellent address en- titled “Prince llitiward Island's Con- tribution to Confederation," by Mrs Bruce Mart, which was delivered to the Kiwanis Club of Kitchener, Ontario.

Questio ires were filled in, ap- proved by members, and are now ready to be sent to the dfifforent converters. .It was moved by Mrs. J. W. Campbell. seconded by Mrs. J. J. MacDonald that the Cumberland Hill Women's Institute contribute‘ the sum of five dollars (86.00) t0- wards ‘the King George V Silver Jubilee Cancer Fund campaign.

Th3 thanks -of Mrs. Margaret Irivingston," for s gift received from the Institute was conveyed to its members through the President Miss Almira Hunter.

Meeting closed by singing God Save the King.

GLANDS MAY CAUSE JUVENILE TRDUBLE '

NEW YORK. Avril i5-(By The C "an Press)—-Id Johnny exag- gemtea or lies so glibly that his mother doesn't know what to do. perhaps she should have his glands treated

Ilflittlehdhryislazyorhasa poor memory. the remedy may he the same.

‘These ilments can be reformed in most cases through glandular ‘ " said Dir. Albert Sims-rd, who is

flcient or excessive gland sscretims." float -Aniericah schools, he said.

posdbilitiel of improving children's flflifll nbd physical health by treatment of the duotless glands. l srf-ca-rnsnmse scrroor.

rbllcwing ir the honor roll of lt. Catharina School for the months

It . \ wm-i-ie-gii.

"'4

share mark for the first time in n“ some ten days. at 1.101.030 shares.

ialty group. was finding takers at h,

~ geludes bonds amounting to 00,000 ' " ‘

bers present. The President Miss Al-

attachtoolittleinrportancetothc Y

Tin: CHARLOTTSTOWN’ cpnpiggsiv

0ND Q.

(By Johnston and Ward's Special WIN)

IOINING IAQKII LITTER

i NEW YORK, N. L, April lb-Hlgh- sr prices and increased volume 1n all divisions on turday brought all three Dow Jones averages into new high ground on, the current mpve to clola near their topl. The streugtb in the silver stocks evidently was a continuation of the move generated two duyl earlier by the government‘! increase in price for the met and presumably demand for the rsila was partly due to expectation of n favor- able decision by the Supreme Court today, but. theaeinfluences were su - plenieuted by rising business lent - merit, optlm ltic forecasts which gave liouaney to the motors, steels, utilities and many other atoekl. Ws would look for resumption of the advance today keeping in mind however. the possibility o rrall pcurlon decision that might bring about l setback if it in adverse to the roads.

i Laidinw and Co.

SUMMARY

NEW YORK, N. Y., April 16-—Gcld Barn ducted in London at 143s 11d vs tits 25d Saturday. .

Magazine “Stet-l" says steel opcr- nilolls lust week advanced one point to 46 per cent of cnpnei .

rlean T for quarter ended March 81, 1036 earned $1.01 a

share va $1.17 a share in March quarter 1031.. Employees in plants of Goodrich,

Firestone and Goodyear Rubber _Com- panics accept agreement to settla lhl‘8llBfléll'lfl1k0vlll rubber and tire

é Mfg. Corp March quarter earned 75 cents a commoashare vs l1 ‘cent: on common in -flrlt quarter

President Chspln of Hudson Motor

Cur Co lays operation: for first quarter 1035 were ' on a profitable balls, year 1034 net loss $3,230,201

after all charges vs. nat loss $4,409,011! 103'}.

U. P. Delllliteh from Kansas City. Mo., states stifling nnd killing dust. storms today swept from Central Kansas Welt and southwest. Dust clouds billowsd eastward into lilies-

mrri. - Detroit Edison Co and subs 12 months ended March (i1, lillii earned

.22 a share after charges and ex- traordinary appropriation of 11.457.- 383,404 depreciation reserve vs. 85.44 in previous 12 months.

Secretary of Treasury Morgenthuu announces call of balance of fourth 41,‘ par cent lbehty bonds for redemp- tion on Oct. 15 holders may be offer- ed prlviliges c ’$changing them, for other intsrelt- bearing obligstto shall

ilooily": ‘investors service commod-

ii_ price index ' Saturday closed at 15 s vs 136.4 on Friday.

l-liglr Q IAIW Lust U9

30 1nd 103.03 IOLGKSNKL-LZ 0 01

20 Hal _30.80 30.54 30.80 0.31.

Ufll 18.05 11.00 17.04 0.88

40 Bonds .. » - 04.80 .01

Dow J cues. canon sArs

HONTRAL. .Que., April Iii-On Saturday-all three divisional closed at novvbigbl’ on the current recovery with volume of trading rather large for a half session. '

The Supreme Court is expected to release its decision on the. Railroad Pension Act at noon today. No decis- ion cr an announcement unfavorable to the carriers could precipitate d sharp dip since the market is soma- rvhat vulnerable after Saturday's up- ward thrust.

Reactions however, at the present time, are not likely to last more than a day or two and may be accepted as opportunities for further buying. .

Important leaders have absorbs ferings impressively and indicae a swing to a higher level in ymodlate fnrture. .011 reactions buy Johns Manvllle, Int‘! Harvester, Cons, Gal. Aitehison, N. Y. Central_ Penna It R_ U. S. Steel, Amn. Rolling Mills, Union Carbon, Phillip Petroleum, int’l Petroleum. Caterpllear Tractor, Smeltiug and in-

Aleohol ab- is in a

Westinghouse. Am. teruntionnl Nickel.

Canadian industrial aorbs heavy nfferlnsl posit! n to mosc to 12-14,aone.

Gal shares, particularly senior is- sues, displayed u decidedly better tone on Saturday. Senior golds have recently shown signs of sold out condition which was confirmed by Saturday’! development of a ongly bullish tone in these things. Further girehtles of Poms, McIntyre, and

cliingar. should prove profitsnbllgan

IABIXG LETTER - Saturday _ Evening

saw roux. n. 2.. arm 1a—whu= rose 1% to ‘.5 eentl further but closed only 9i to ‘it hkber than yesterday. It can still be bought on any little setback and should be held till next mouth. Corn closed l,‘ higher. bu! ltl big move will probably be delayed till the move in wheat iii finished. Cotton rose l4 points higher and as repeat- edly stated since it was uear- the l0 cent level. will sell again above the l2 cent level before manly months.

Stocks were again higher and the industrial averages which were high at 105.63 todoy are within 2 1-2 points of the high of the year. They should go about 2 mints higher still after which s technical temporary reaction of 2 to 4 oo-nts c331 be expected. Fairbanks Morse did nothing today but will soon re-

sume its advance which should carry it well above as. Am. rm- Power '! per ‘can! PM

closed at 1B ‘H! and seems ready to resume the ‘advance that. will carry it near 40 before long. ' '

GHQ.-

yaggiin silver. wheat. corn. rutbcr and moderate ativxw": commcrl"'es “w:

i. E

sharp rdvmoér dufhg the past‘

MARKELGOSSIP‘

taken hold. Bums denial of this viewpoint, however, lodged in m; fact that Unltcd States Govern- ment bonds are still maintaining their bullish trend while the Am- erican dollar still holds its own relatively well in the foreign ex- change market.

Hamilton Bridge Co. reports for 1934 operating loss of $160,552. as compared with an operating loss of 8102.318 for 1933.

MlcColl Frontenac Oil Co shows earnlngsequaltotlllipershareon common in financial statement for year ended. Jan'y 8i, 1936 as com- pared with $l.2'! per share for pre-

ceding year.

Robt. Mitchell Co reports net loss before depreciation for 1934 at $112,346 as cotnpared with 0147,89 net losoin preceding year. Produc- tion of newsprint by Canadian nulls totalled 200,682 tons in March as compared with 210,129 tons in March of last year and 180.305 tons in Feb. of this year.

Continued improvement in pros- pect for Canadian business as sec- ond quarter opens according -to meircastile review.

Demand for steel in United States is being well maintained ac- cording to Pittsburgh "Review",

So far various speculative mar- kets have no reflected materially the business pickup ‘likely to be generated by the spending oil’ near- ly five billion dollars. In many quarters this is attributed to the belied’ that actual spending may be a little slorw in starting. Once the spending program does get going, business, already on the roadfto re- covery, is likely to be stimulated in a big way. . "

Banon.

LIVESTOCK

on the Montreal llvestod: market today totalled 4,028 head.

Cattle receipts were 1,009 head. ‘me cattle offered were lacking in the top quality of the previous week. A few good butcher steers were. weighed at $6.85 with a. few medium kinds at around $6 and. some plain steers from $4 to 5.25.

Calf receipts were 1.460 head. Calves were moving slowly at 25 to 50 cents lower than last week. One lot of nine good calves. averaging azoimd 180 lbs, was sold for $5.75. Medium good to good kinds brought $4.75 with just medium calves around $4. Mixed lots of plain to Just fair quality mlves birougiht $3 50 to $3.75. Coimmcul thin light kinds brought $3 and a few culls $2.50.

Good and choice veal. $4.75 to $6.75; common and "um 2.50 to 4.50. , sheep receipts were 82 head. Me- dium good toigood wring lambs, weighing 50 lbs, or better, brought Iiitotiieaclrhightklndsciffair quality were $4 to $5. Common lambs weighing less than 40 lbs» were not wanted and sold as low as $3 each. Sheep were from $2.50 to $4 with the bulk between $3.50 and $3.75.

Ewes, $2.50 to $4; lambs, good, $6

to $8 each: common, $3 each. . Hog receipts were 1,44’! head. Ab- out 800 hogs were sold at $8.75 f0.‘ bscons. fed and watered. The bal- ance of the hogs were being held for more money. Selects drew $1 per hog premium. Butchers, heav- ies and lights were $8.5 and ex- tra. heavles $7.75. Sows were from $6.50 to $7.25.

ENGINEERS FIND MANY TREASURES .

SEAN, Shensi, China, April 15- (Byi The Canadian PISSM-Nofth- west China. often called the Cradle of the Chinese race. is yielding long-buried- arehacological treasures as railway builders move through ancient, grave mounds and tombs. Bronze: and earthenware of the Chou dynasty. which dates back to the ninth century before Christ, have been brought to light along with relics of several succeedirg eras.

‘The Lunghai railway. which reached here recently from the east. is pushing on deeper into a territory which was the seat of China's ancient civilization. Ibr- cavatlon for the right of way is going forward within sight of the imperial tombs of Chou, Chin, Han and Tang dynasties. which stand out as landmarks of the country- side. Some of the largest of these

numents rival the pyramids of Egypt in size. They are believed to contain priceless stores of imperial

relics. Highway construction also has brought to light many valuable

pieces of old (‘fhinese art which have lain underground for centur- iel. Important finds also have been‘ their fields. The most notable ra- cent find was a 2,000-year-old tomb

' containing l. collection of ornate

buriilpots ‘iihiepoinallbcrethe

lrllioffihcflnndynasty whiohs

flourished at-thc time of Chrllt. Thh tomb. situated on the shore

Milli‘! DIES A1‘ I'll! (Canadian Prenl P’ """"\£CU'I1I, England. Ap- “il ‘ -! W. Graves. ‘l2. chief of ‘b: ‘r-al fire brigade, dropped dead Just a week after offering his

resignation ~ ‘I

0

__ah-

MONTREAL

(U. P. By Guardian's Special Wlfl)

MONTREAL. mil is-miy pro- mise of an active session on line Montreal Stock Bchange today was not fulfilled. but the general list managed to close with gains in the ascendancy and a. nmnbsr of new 1935 highs in evidence. Activ- ity was brik intbc mornlngsnd volume heavy but a later slacken- ing) of interest allowed turnover to

p.

Metal shares were the main market features with Consolidated Smelters and International Nickel both touching new highs for the Yeardemiteareactloninfliepricc of silver futures, which enjoyed a record week last week. Interna- tional Nickel touched a new peak of 2'! before closing at M 3-4. up 3-0, while Consolidated smelter-s ad-

Ifollinger gained 40 cents at

Absence of any important news which might have a bearing on the market held galm in other sections of the 1m to narrower limits with the exception 0f a few specialties. Reports the Canadian National Rail- ways would scrap more than $27.- 000030 worth of old roiling stock failed f0 affect wuipment sirares as the general opinion was held the stock would not be immediately Ic- placed by new equipment.

Total sales were 16,975 ‘ ; bonds $5,225. '

i MINING

(Canadian Prom) TORONTO, Apr-ll 15—Proflt tak- ing in the silver stocns was in evi- dence in today's mining market session, last week's rise having sweewneci the pot for traders who

were in at ttbe bottom, i

and recessions did not exceed 9 cents in any issue. Base metals held up well and had some gains‘ at the close while the golds dis- played more strength than weak- nws. Volume was under last week's B-VeIB-Ee. 373.000 shares changing