PAGE SIX

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14:‘ ‘ohsnond s1.

, Advertising Rates-

Minimum Charge For Any Advertisement ‘.55 Cents- Cesstral Guardian Locals 5o per word; Western and Eastern Locals 2o per word; Announcement and Coming Events 3o per word; Classified 3c per word; 1n illcmoriam Notices 84o per inch; Lists

GOVERNMENT - MUNICIPAL - CORPORATION l BONDS ii LISTED AND UNLISTED STOCKS I

BOUGHT - SOLD - QUOTED I Ielnbors lnvestmgnt Dealers‘ Association of Canada ; I

F. J. BBEllllAll 81 COMPANY LTli.

Ii. M. BAGNALL-Mansger Charlottetown

Telephone 1470

of Floral and din-ritual Offerings. Cards, etc., 5c per name; Letters

of Condolence 84c per inch: Vledding Engagements 40 words for

and Appreciation. 84c per inch or 5c per word; Lists of Subscrip- tions, 49 cents per inch: Address and Presentation $1.00. Other rates on application.

For Sale

r01: sou.‘ - 110051: .\'r us Gerald Street. amply George Gregory. Phone 74.2.

W001) Sl-EIGH

:'\]l])l_\' 1:1 P J

Sentner Forge: i-wlaAsjsfneAlkrios. 0000 BIG

Junks. Alfred Webster, Glen Alden Cabins. Malprque Road. unit's Pwoop’ r1110 - p111" Slabs and Soil. Wuivci Blocks. Dry split Hard Wool 01L FOR SALE — In A

FOR SALE — A QlllAY\"l'1’1‘\' OF Cedar Posts and Stokes. Priccs on application. Keith Pratt. Bloomfield Station.

FOR QUICK SALE - ONE ENT- erprise Capital range. Also Que- bec heater. Both in good con- dition. Reasonably priced. Phone 123.

Baby Chicks WE'RE AGENTS MERE FOR KIT- ohener Blg-4 Chicks. Ask us for particulars, its none ioo early to order for 1948. Read what cus- tomers say "Never had chicks like the ones I got from you . . . so strong and healthy, right frcvm the start" write; Mrs. Wm. Kauf- mam of Chesley. Canada Approv- ed. breeders pullorvm tested. Agent, Claude Clow. Clow do Wadnun, P. O. Box 46, Kcnsing- tom. 6.

To-Let T0 LET-JINFIJRNISBED HOUSE- keeping rooms lApply 73 Douglas.

FOR BENT - LARGE FRONT room. Phone 126-1..

' llarsdlrucks For SQ;

FOR SALE — ONE 1946 PON- tiac Sedan in perfect running order, body in good condition. Also one 1946 Dodge flve passeng- er Coupe. Apply Imperial Ser- vice Station.

Lost Found Strayod

LOST — LADIES WRIST WATCH between Holy Namo liail and Lapthornc Avenue. Finder please leave at Guardian Office. Reward.

FOR SALE

Drug Business, together with oil stock and modern fixtures oi but location on Woter Street, Summsrside, P. E. I. Compelle:l to sell because of ill hcolih of ownsr. Apply Gollonf Drug Co. LNL, Summerside, P. E. l.

$1.00 and 10 cents for every additional 3 words; Notices of Thanks l 1 ll

llaip Wanted

Cillti. WANTS JOB AS BABY SIT- ter. Phone ‘rill-J.

l-VANTED - ‘llAlD. NO lVAll- ing. Apply 1-i0 Rocilford Street.

1131x1711) _ CAOTC TI general housework. , Mrs. George Ives, 130 Spring Park Road.

wznurno noose-keratin .\'o family. Light work. Box T70, Guardian.

Wanted

woman‘ iwczuis-zvirrrviwolii- rots and Cabbagcs immediately. Clarke Fruit Co. Ltd.

A NUMBER. Oll’

WANTED _ horses 57 inches and under Apply Welling ton MacNeiiYs

Stables. Buntain and Bell Wharf.

W A N 'l‘ E D — BEER BOTTLES. fiides, iron and Metals. Highest prices. Fast service. Phone 2208 Maurice Block dc Co.

W AN TE I) — ALE BOTTLES Highest prices paid. Fast pick up service. Phone 2542. Evenings 1107 Michael Bros.

Personal

FOB NEUBADGIA. LUMBAGO. ithemmaiio Pains. Chest Colds,

apply lleat Penetrating Glory Oil At your Drugglst.

Room 81 Board

ACCOMMODATED.

BOARDERS Phone 2252-J.

CONI-‘IDENT

so confident was Ivan Cowden that he would be acquitted on charges of murdering Mary Mor- rison in s Toronto rooming house

that he carriccl his overcoat into court in Toronto. Ii saved him a trip "downstairs" he remarked

after he ivas found not guilty by a magistrate.

Dealings 0TH Wall Street liown In 1947

NEW YORK, Jan. 1 - (AP) -- wall Street wrapped up 1947 Wed- nesday but the bindings were mostly in red. because stock ox- change business for the last 12 months was the lowest in five years.

Actually ll was an indecisive stretch with the over-ail average down u shade from the finish of 1546. Industrials and rails msde some headway while the utilities lost substantial ground.

The years turnover of 253,628,- 894 shares compared with 363.- 709.3l2 the year before.

1t was a case of ups and downs throughout the year for the stock division. Reinvestment purchasing and the reduction of margins from 100 lo 75 per cent aided trends in the forepart of 1947. Predictions of a letdown in business after Labor Day, which failed of con- firmation, brought a certain amount of liquidation around the mid-year. Soaring commodities than siliiencii quotations, soldiers bonuses propped optimism and the later outlook for big-scale dollar relief to Europe steadied the situ- ation for shares.

Skepticism subsequently revived as bonds and preferred stocks nose-dived ln the wake of rising money rates and the action of the Federal Reserve Board in reduc- ing its support levels for govern- ment securities. Rising wages and other corporate costs presentw a problem. Foreign affairs provided a cautionary argument. Growing consumer resistance to mounting living costs s vecl as a cooling factor for the bulls. Climbing business inventories to record peaks also was s. straw in the bearish wind. Record earnings and dividends failed to spur stock buy- crs to any great extent.

The Associated Press (TO-stock gomposlte for the year showed net loss of .7 of a. point at 65.7. The industrial index was up l point. the rail average of 1.1 and the utility index down 6.2 points. 3171c general average recorded its 1947 high at 60 on Feb. 8 on 930.000 shares. The low of 58.5 was resch- ed May 17 on 980.000 shares. This low also was a bottom since Jan. 25, 1945.

The faslest session of the year was on April l4, when 2,200,000 shares changed hands and prices suffered their second sharpest drop of 1947. The slowest full session was Aug. 27, with only 480,000 shares appearing.

The biggest average drop of the 12 months was 1.0 points on March 7, with darkening interna- tional affairs receiving the prin- cipal blame. The day’s aggregate was 1,210,000 shares. The widest advance was 1.4 points June ll. with buying credited to hopes President Truman would sign the tax cut bill. Volume for the day was 1,350,000 sharesj

Says Increasing Costs lire Threat To Railway Future

MONTREAL, Dec 31 — (OP) .- Rapidly-rising material prices and wages "are n serious threat to the welfare of railway industry in Co- nads." R. C. Vaughan, C. M. 6., chsinmsn and president of the Cs- nadlan National Railways, sold to- day in a. statement reviewing the year closing.

AlLhough revenue will total s- round largest gross for any peace-time year in the sys- tem's history. net return will be lower than in 1946, reaching $39,- 031,000 before interest.

Delimnting rising costs, Mr. Vaughan said the system's payroll ln 1947 was $22,184,603 more than in 1946; railway materials rose 12.3 per cent tn Canada: fuel costs increased 84.230000. Snow removal costs were more than $5,000.11», topping 1946 by $1,900,000. Despite llitsc increased costs, the company "had to continue the sale of transportation services at enforc- ed ceilings established roughly 25 years ago."

In 1947 payroll ‘and materials cost the company "in excess of $100,000,000 more (than they would bsvo cost ut 1939 rates."

‘Ills upward tendency is continu- ing. Also, the counpany now faces demands for wage increases that would sdd $90,000,000 s. yes: to the- payroil, the statrment said. The freight car shortage con- tinues and. despite new equipment full relief may not be obtained for some time if agricultural and tn- dustrfal output continues st _ cur- rent high levels.

The company's position in wat- er-bome services "has improved considerably." The Lady Nelson and the Lady Rodney, both of which ssw war servtce. hsve re- turned to their pence-tum runs. These and eight cargo vessels, three with limited passenger sc- cornrnodatton, brirq to in the nun- ber of ships 1n the Canada-West Indies lervloe.

It is hoped the Prince George, launched in October It Elqtfllbil» B. C.. will be ready for inm- cosslsl service northward to Alas- ks ln time for the 194i tourist trnds.

The Abqweit, combination our

ferry and ice-breaker turned over u, the cmspsny by the rtmont of ‘ilrsnsport, is in ser-

vice between n-inoe Edward Tl- lsnd and tho nssfnisnd. -

IIO TIA SIINRII lard Pslmortson, distlnlulsltol

10th century statesmen, loll to bsvn drunk "rover gallons’ d

_ THE _GUARDiAN.

NOR lti flMfil/LAN lift

L. S. STEVENSON

HRANQH MANAGEK

14o xlcimoun srf AMUTUAL COMPANY

IIESCUED FROM LABRADOR WILDS, "FEELS FINE"

Capt. J. B. Cleghorn of Mont. real was one of two Canadians rescued by an air force ski plane after they had crashed in a 13-17 U, s. plane on a frozen Labrador

lake. Seven Americans. Capt. Cleghorn. and R. H. Tyrer of Barrie, Ont, were landed at

Goose Bay by the rescue plane. All were reported unaffected by their two-day exposure to sub- zero temperatures. Supplies of food were plentiful and the men had been able to shelter them-_ selves from the wind and cold by building lean-to’s of scrub tim- ber and parachutes.

Transports Raul Loads 0n Alaska Highway

EDMONTON, Dev 3-1 — '0?) —- Ths 10 heaviest motor vehicles in Canada are rolling night and do)’ along 910 miles of the Alaska High- way between Whitehorse. Y. T" and Dawson Creek in British Columbia this winter. They are a vital link in a transport chain that is lifting a 7.000-ton oil refinery 100K. $109k and barrel from Whilchvfwi W119i‘? it was built for the United Stale!» army. 1.350 miles to the Yflpldll’ developing Lcduc oilfield just south of Edmonton.

Manned by two drivers-who work in shifts to keep the vehicles constantly ln motion-these dread- naughts of the highway have 21 for ward speeds and weigh 20 tons empty. The tortuous Alaska l-llgh- way will not support their crunch- ing weight of 60 tons fully loaded. until late in the winter vrhen the roadbed 1s frozen solid.

When Imperial Oil company vi- ficers discovered that buying the refinery and moving it to Leduc would enable them to go into PW- dugflcn 1g months sooner than if they built a brand-new one, they decided to bring the mountain to Mahomel. They paid $1,000,060 for the “war-surplus" plant. which covered close to 100 acres. and be- fore they're done it will cost them something like 31.000000 - Juu about the price of a new plant. It‘! a case of overcoming post-war shortage of materials.

Mammoth Job

A Los Angeles contracting firm stepped in to handle the trans- port job. By late November. 00m- pany officials reported‘ that 00 per cent of the refinery was disman- tled and 35 railway carloads had made the trip from the truck-to- rsll trsnfer point, at Dawson Creek to the new Silo-acre site on Ed- monton's outskirts,

About one-half o1 the 2'10 men working on the project are prepar- ing the new refinery site. Ninety are dismantling at Whitehorse and m are employed on the spect- aculsr trucking operation.

It takes steady nerves and a special kind of skill to pilot these big diesels over the icy Alaska Highway which was blasted and hvwn through rigorous country ss s wartime emergen measure. Scheduled time of so hours has been set for the Whitehorse - Dawson Creek run. When not driving, one man sleeps in s coffin-like bunk mounted behind the cab.

When freon-up permits hauling of the heaviest loads, company engineers will face a tricky pro- biem at the 3.0004001: wooden bridge that crosses an arm of Teslln Lake, 1115 miles south of Whitehorse. The bridge ust won't take 00 tons, so the sng neers are going to make sn "ice bridge" Thry will build another thickness of ice on what's already there. by alter- nsu flooding and freezing-tho same way s rink ls made. when the ice is thick enough, the Oil-ton trucks will roll across.

SHINY PRESSURE COOKER-

If your pressure cooker or can- ner gm stained or dull looking, you can brighten it by cleaning it with s solution of vlnegsr and wstor. Just pour- enough not wstu into the kettle in cover the stsins, and odd two tdbiespoonfuls of vino- gar for each qusrt of water used. lost the cooker, bring the pros- sure up to 5 pounds snd hold 1t there for 5 minutes. Then release the press - and rinse and dry the kettle and lid well. Never on baking sods on tho llurninum cooker, for it darkens the metsi sod osuses it to pit.

Orosnlsnd is tho lsrsm island of in tbs world '10P!‘ s rtotsl sros - stiles. l

IIDID

~=- CANADA

JANUARY

1: Canadian Citizenship Act becomes law.

7: Hon. J. A. Msthieson. 831 former chief Just-ice sud former Conservative premier of Prince Edward Island. dies st Charlotte- town.

_ l0: fire at Goose Bay, Labrador, $3,000,000 damage.

ll: Government lifts price con- trols on wide list of goods and services. Controls retained on food, clothing, fuel and rent.

17: Rodrigue Cardinal Villen- euve, 63, dies of heart ailment at Romans Convent, Alhambra. Cali- fornia; Rev. Dr. W. J. Clark. 86, former moderator of the Presby- terian Church, dies at Montreal.

19: Prices Board announces up- ward revision in prices of auto- mobiles, leather goods and restaur- ant meals.

21: Prices Board announces re- vised price ceilings on copper, lead and zinc.

24: Government announces re- vocation of orders in council per- mitting deportation of Canadian citizens of Japanese origin.

30: Canada demands larger part in peace-making in memorandum to special deputies of the Big Four in London; third session of the 20th parliament opens at Ot- tawa; Fred Rose, Labor-Progres- sive member for Montreal Cartier, serving six years for espionage, expelled from House.

3i: Prices Board announces price increases in clothing, cot- tons, soaps, oils and fats; Royal Commission. report on coal tabled in House.

FEBRUARY

fi: Strike of Noranda (Que) mines ends on 70th day. 12: Canada-United wartime co- operation for defence of North America to be continued as per- manent peacetime policy.

l6: General strike of 13,000 Maritime coal miners starts.

17: Wheat Board authorized 30- cent advance in domestic wheat price to $1.55 a bushel.

24: Holiday resort accommoda- tion and some commercial rentals freed from rent control; 25 per cent boost on all other types of commercial acccnunodatlon.

2B: Suspended Vancouver police chief, A. G. McNeil and 18 police- men dismissed following release of report on vice conditions.

tumors _

4: Three-point tax relief pro- gram for gold mines announced in Commons.

0: Evelyn Dick acquitted of mur- der of husband on second trial at Hamilton. Ont; Deer Lodge Rink of Winnipeg, skipped by Jimmy Welsh, wins Macdonald‘: Brier ut Saint John.

7: Barbara Ann Scott, world figure skating champion, returns to Ottawa.

9: Canadian freighter Novadoc officially presumed last off New England coast with 22 men and two women.

10: Prime Minister Mackenzie King says Canada withdrew occ11- potion troops from Germany be- cause she had no voice in direct- ing control policy.

i2; Government announces 14 per cent increase in individual sugar ration, effective April 1. 14: J. A. (Pat) Sullivan, found- er and president, nu ounces resig- nation from Canadian Seaman's

Union. 17; Table syrups removed from rationing. r

l8: Commons supports govern- ment motlon extending llbnerg- ency Transition Powers Act to May 15.

l0: Donald Gordon resigns as chairman of Wartime Prices and Trade Board, effective April 15; Kenneth W. ‘Taylor. deputy chair- man, succeeds.

20: Meat rationing ends, effect- ive March 21, price control re- mains; Evelyn Dick sentenced in Hamilton to life for manslaughter of infant son.

29: Barbara Ann Scott wins North American figure tskstlng senior title at Ottawa for second time.

Si: Maurice Hsrtt, Liberal, wins Montreal Cutler federal by-elec- tion; William Bohozuk acquitted st Hamilton on charge of torso murder of John Dick.

APRIL

1; Approximately one-third of controlled goods and services re- moved from prlcs ceilings, includ- ing motor vehicles. cosl and foot- wear.

2: Donald MscLesn sentenced at Hamilton to five years for bo- ing sccessory after the fact in Dlchmurdeo‘. '

3: J. A. Strong appointed Csn- adian ambassador to Peru.

0: Most Rev. T. Owen, 70, Anili- csu Archbishop of Toronto and Primate of sll Canada; dies.

10: Dsuo Wllgress vscsies sm- bssssdorship to Russia.

t0: Toronto Maple bests win Btsnlsy Cup defeating Csnsdisns four games to two.

24: Twelve men loss lives when trsppsd by fire st llsst Mslsnic, (Que) Gold Mine.-

20: Budget prssentod to Com- mons; income ts: cut sv rues 20

pu- cent effective July : excess profits to: removed; '1‘. C. A. plsus with l5 persons ‘ ‘ missing

on route from flsthbrfdgs to vsn- couvsr.

l0: Prloss losnf snnoimoss but- urincrossed 10 mm s pound sf- footm In i.

IAI

(By The Canadian Prod) .

lN 1947 -:-

offences acts o! dlswinlusttou on religious, rsolsl or color grounds; Commons gives third reading to government control bill continuing number of wartime orders-in- councll for soother your.

6: Barbsrs Ann Scott required to return Ottawa's gift csr to comply with Olympic amateur standing; Most Rev. P. J. Mon- ahsn, 65, Roman Catholic Arch- bishop of Regina, dies.

18: Fsrquhar Oliver elected Ontario Uborsl party leader.

25: Nlnety-uluo-dsy-old Meri- tlme coal strike ends.

29: Maritime coal mizgys called out on strike again.

JUNE

l: Last of 100 Polish girls sr- rived for work in St. Georges de Besuce, Que.

4: Canada Steamship Line freighter Emperor sinks off Isle Royale, 12 persona die; Rev. C. 1-1. MacDonald. Lucknow, Ont, elect- ed Presbyterlan Church Moder- ator. '

6: Most Rev. Maurice Roy ap- pointed Archbishop of Quebec.

0: Butter ration lifted snd many goods and services, including honey, cheese, restaurant meals freed from price control.

10: Prime Minister Mackenzie King completes 20 years as prime minister, record for Canada; Presl- dent ‘Human, wife and daughter reach Canada for three-day visit.

ll: President Truman addresses joint session of senate and Com- mons.

l2: Striking Novs Scotia. coal miners return to work. ,

1B: Mas-inn Congres opens st Ottawa.

l9: Government removes rental and eviction control from domes- tic accommodation completed after

Jan. 1, 1947. 25: Government increases sugar ration; Canada. - Newfoundland

conference opens at Ottawa.

JULY

I

14: John Dickey, 32, Liberal, wins Halifax federal by-electlon.

16: Destroyer Mlcmso collides with freighter Yon-mouth County, fivo dead.

1B: Third session of 20th parlia- ment prorogues.

22: Supply ship Nascopie found- ers in Hudson strait. all saved.

23: Second issue of Canadian savings bonds announced.

AUGUST

6: Canada. and Newfoundland begin Joint discussion on terms under which Newfoundland might enter Confederation.

10; Hon. H. 1". G. Bridges. 45, federal fisheries Minister. dies.

11: Senator G. G. McGeer, 50. mayor of Vancouver, dies.

15:‘ Prices Board announces end of meatless days.

17: Canada and Italy exchange ministers.

27: Three thousand Swift Can- adian Company workers strike in six Canadian cities; announce in- crease in individual canning sugar ration.

30: Tornado strikes for 70 miles east and souirh of Gooderham, ont, one killed.

SEPTEMBER

1: Thirty-one killed in C. N. R. collision at Dugsld, Man; Milton l". Grew. v.0. appointed federal fisheries minister.

8: Reconstruction Minister Howe

announces Chalk Hfvler atomic energy plant producing radio- isotopes.

4: Reconstruction Minister Howe nrmounccs new discoveries of uranium deposits in Canadian north.

8: Bishop G. F. Kingston of Nova Scotis, 5R. elected Anglican

primate.

' 10: Meat packing strike sffecls Montreal. Edmonton, Vancouver and Toronto.

12: Government announces Can- ada's candidacy for membership on Security Council of United Nations.

14: Seventy-five per cent of foods and services under restric- tion on decontrolled. effective sopt. 15. Subsidies drowned on sll decontrolled items.

24: Twelve dle when steamer MHVSIMH, collides with tanker ‘fkusiskc in the St. Lawrence.

OCTOBER

2: Premier John f-fsrt, 08, of British Columbia resigns.

l1: Five persons drown in wreck of Gulf Strum, esst of Powell River, 3.0.

l3: New T. C. A. North Star _flles from Vancouver to Montreal ln six hours, 52 minutes, record non-stop flight.

20: Fisheries Minister Gnu! elected in Federal by-electlon in vprk-Qulbury.

21: Price ceilings removed on sil moat and most products, except lsrd snd tsllow.

22: live-week strike of 14,000 pscklnghouso workers ends.

24: Government announces com- mercial rentsl controls to be rs- tnoved llfsrch l, 1040.