. moo 16.193

Morning Stock Letter

‘Jsrocx QUOTA TIONS"

Europe morning a little hotter. leadins deleIl-ies I878 l Wm- among the Iocarno Pow- being worked out. According w Jones the latestjuotstions o ds against a‘ European war .3 to 1 and against Wench tering the Rhinelsnd

TY. Stock Exchange

liféil-lgli

(Bupplllll by Pun-us and com- puny members cl Montreal stuck exchange and cl-b market)

5",,“ (luau Lust Am Cnn 113 124% Aru Fol‘ P1‘ 7% 7% A] (flu-in 181 185 Aui Loco 31 {i1 Am iiud ‘.31 21 Am 'i‘¢~l and Tel llili 100 .-\m Wuior 21% 21% Anaconda iii 34 Aiclifjm 75% 75% All lief 31% 80% Auburn 43V: 43% Ilslnl Loco 0% 0% nan Ohio 1W, 20% jn-urllx Al 21% 24% lleib st 54% 53% Briggs llsn 00 00% (flu Poo Ry 13% 13% ‘Ir-e Oil ‘a lh-iiy i.‘ cs la 4 (‘hryllcr 0322 04% (‘our Sol ‘IT/Q 2'.’ 110a- Ho 3 8% (Jon Cnn 79%; 80 (tun Gus Co 331,5 3-154 (fora I'm 2 70% (‘nr Wright Si)’; B~ Douro ’ 78% 79 lmpont 111% 14-1 Flheilluiil 30 30 (ion l-liw 38% iii) lion l" I ill 34% 34% lion .\lui 110% 01% Goodrich 10% 1i) Goodyear Tire 21 2'! Hud Moi Bar 11'! 17% Ill Con 24 24% int liar 80 90 Int Tel and Tel 10 10% Johns illau Corp 11.’! iii Kcnnccolt _ 30% 311% Mont wn-d 40 4o Mur Cora 20% 20% _Nsil Bis 33% 831/, in! Ixlanllr: Se?! 21512 ‘ow 'or 4 Nm- Am Co 2.))‘; 20% Nor Pan 305 801/; Puck liiot‘ l0 10V; Paramount 0% (W. Ponn ll it 32 331A Phil Pet C0 411i: 42% Pub Sor C0 41% 41% Pure Oil Co _‘.'2 4 2315 Rmiin Corp 12% 12 limi Kr-iih Ornh 7% 77/. Scnrs lino (‘ 02% (ill Shall Union 011 Co 18 18% éflixlllanrrigfi; 32 33 u u. cc S! mic-lurker Corp 12V; 13x3; 'i‘.~x (iorp 30 3n Vnllcll All‘ 29% 20% min-u (‘n 2o r054 YnIn-ll (iss'1mp 10a 10% l1 s iiuh our, ¢ n; l.‘ H Stool Cu 021/, qr‘, Ynnnrlluin 2'.‘ ' 2th Warner ilrns 1ll._» i112 “um llnlon 80h; 80-1’, “ma: Air Broke 42 42V, “ma: Elev. 11:: 1131.4. Woolworth 50% 50% (Canadlan Press) CHICAGO, March ii-Peace

gestures to Germany by the League of Nations Council did much to- day to ease the ‘wheat market down.

General speculative selling was witnessed.’ at timesmnd rallies in quotation: lacked vigor. Dust storms southwest were ignored.

Wheat closed unsteady, 5-- in 13-8 under yesterday's finish, May 99 3-4 to 7-8, July 89 3-4 to 7-8, 1-8 to l-fl off, May 00 5-8 to 3-4,

within a months 48 1-2 to 1- Two days ago Lioyds~ would not make quotations concerning a European war. A London despateh says that the League had invited Germany to participate in ’ ‘a session. In view of the slight provement in foreign news and the fact that the market held comparatively well in the last hour yesterday, ws believe there is a good chance of the market rallying this morning.

MIN NG

(Canadian Press)

TORONTO, March 15—Ea.slng of the war scare tension brought quick relief to the mining share section of Toronto exchange Sat- urday, prices advancing smartly, following three days o! declines. The gold share index registered a gain of 5.03 to 121.00 and the miss- cellaneous mines index moved up 3.75 lo 133.15. .Gold and base met- a-i shares run about an even race in the recovery-

Dome advanced 1 1-2 and Lake Shore and McIntyre added 1-2 to 5-8 each. while Bralorne and Wright Hargreaves were up 25 to 35 cenls each.

In the base metals Noranda and Hudson Bay had fractional gains and Falconbrldge and Sudbury Basin moved up 50 cents each.

PRO_I_)_UCE

(Canadian Pres!)

MONTREAL, March 15—Eggs featured Montreal produce mar- keis last week with slight necess- ions in prices. Bulter shaded slight- ly while potatoes were steady to lower.

Graded egg shipments in carlots or less finished the week at 31 cents a dozen for A large and 29 to 29 for,A medium.

Butter was quoted at 2i 1-2 to 22 cents per pound for cariots or less of no 1 while lois to retailers were 23 1-2 for solids and 24 for prints. .

Butter was unchanged at i2 cenis per pound for no 1 Ontario colored, main line arriving.

Potatoes: P E I mts 90's $1.20 to $1.35; 80's $1.05 to $1.10; cobbiers, 90's $1.15 to $1.20; 80's $1 to $1.052 N. B- mts 80's $1 to 1.05; 10's l6: Que mts 80's 95 lo $1; Que no 2 whites 80's 85 to 90.

\ Miscellaneous

(Canadian Press) MONTREAL. March 15—l..ate

buying boosted price: slightly on

Circadian commodity exchange

_ States dollar shaded snshtlv- produce section Saturday. _ _9q Butter Spot: Sales, 100 boxes i???‘ ‘m: ‘gag: Zifefit stmfilor Q“ 2‘ 3'41 2°° Q“ “'“~"*" 21 M- fraction at (m4 s-s cents. The dol- chee“ awn-om’ °°1 ‘NW’ iar eased 1-32 of one per cent to

make) 11 l-B to 3-8. Eggs Spot-Ont A large 32 33, A medium 30. to 31, A puile

_asm2a.

Markets At A Glance

(Canadian Press) Toronto and Montreal—Indus- trial stock; sharply higher. Torwnio Mines-Sharply higher. New York-Stocks rebounded and closed steady. “innipeg-J-‘Jheat down 7-8 to 1 1-8 cents.

t)

Mt ’l. Stock Exchange

(Supplied by Pltflclrl sud (Jum- puny members ol llouireul aioeh exchange and curb market)

Sloeita Our-n Lust Bathurlt 11 12 Bell Tel 141 143 Brazilian 12 12 Brow Corp Can 3% 3% Can Cnr Found 0% 04.3 Cau Cement 0% Iii)’. Can 1nd Al 9% 0% Cnn Pac 12% 31% Colnncae 20 29 Cock Plow 8 8 Cons Smelt 200 200 Donn Bridge 30 33% Donn Stores 0 8 Imp Tab 13% 13% int Nickel 48 48% Massey Harris 01/, 0% liicCnii Front l0 10 Mont Pow 31% 83 Nat Brew 41% 42 hat St Car 19 10 Pow C011) 14% 10% Shswinlgsn 20V; 21 Sou Can Pow 18% 13% St of Can 59% 591/, BANKS

Bk n! (‘nn

ilk of Comm 100 100 Bk of Mil 185 185 Bk o! N. S. 2% 285 Royal Bk 1T8 178

EXCHANGE

(Canadian Press)

Closing exchange rates:-

At Montreal-Pound 4.97 7-8; U. S. dollar 1.00; franc 6.64 5-8.

At New York-Pound 4.97 3-4; Canadian dollar 1.06; franc 0.64 l-4.

At Paris-Pound 74.88 fr; U. B. dollar 15.06 1-2 fr; Canadian dol- lar 15.06 fr-

In gold-Pound 12s; U. S. dollar 58.96 cents; Canadian dollar 58.95 cents.

NEW YORK. March ilk-Foreign exchange firm. Great Britain high 4.97 1-8: low 4.97; close 4.97 3-4; 60 day bills 4.96 3-8; France 8.64 1-4; Italy 7.99; Belgium 16.99; Germany 40.48: Canada 100.

Currencies

(Canadian Press)

NEW YORK. March l5-Majcr currencies moved upward Satur- day on the foreign exchange mar- ket. "

The pound sterling gained one cent to $4.97 3-4 and French franc advanc:d one point also to 6.64 1-4 cenls. The Canadian dollar re- mained unchanged at par with United States funds.

MONTREAL. March l5—Pound sterling and the French franc ad- vanced on Miami-real foreign ex- changes Saturday while the United

119.1‘. i__ M T’L. CURB (Supplied b; Pllllelrl uml Com-

pany members of Montreal stock exchange and (‘orb Market)

Stocks Dora Last a A on 20% 21% Dam Stores 0% 95f; Ford A 20% 2415a Imp on 21% Z2 lnicr Pcie 35% 1i“ lick-hers l0 10 Wnikcr Good 29 29

New York Curb

cats l-4 lo 3-8 down, and pro- New York—R.ubber and cotton visions unchanged to 10 cents de- higher; coffee and sure!‘ 1111- chne. ohangem " ' by Pilfleid uml (‘urn- pnny members of Montreal atock . and curb murkrl) W! OFIEB_ mo“. c Open Lust Amcr (ins Elcc Ailus Corp MIIIIIBIPALITY of GLUIIBESTER g" 1W- 1v- ‘or! n"! 1| 1 rkovmcn or NEW nmmswrcx u“ idl-(nadhn Prowl 4%% C] srmmw. runs norms MATURING swan. 1n. i955 Sm“ °'° AT Amer Supew Power 2 3-4 101% AND INTEREST TO YIELD 4.38% Amer Cyan 38 rum. ranncuuns ON nsQUEST- Am Gas Elm 3° 3'" ‘ " Asso: Gas Eiec l3 l4 a Can Marconi — Irving, Brennan 8. Company ggégesg; a; M LIMITED. IFOrd 0f Can A 36 1-3 _ 355N514, Elec Bond Share 19 3-4 l M‘ Gulf Oil Penn _ 98 1-4 “ma” I-lum on Ref '14 1-4 same or nova scorn nurannm Imp o“ ,1 H, rswrnoul 1m. cusnwrrarown m, m, as 1-s Niag Hud 30 1-3

inowingl/l/lzere -ana' How _/

Imperial Tobacco Company

Camda, limited.

— Cigarette and tobacco actor-y, Montrral

IMPERIAL TOBACCO COMPANY OF CANADA, LIMITED

IN the tobacco industry progress is constant. Improvements in _ methods of crop raising, harvesting, curing, manufacturing, packaging and merchandising are continuously being intro» duced, the world over. "

Scientists, inventors, chemists, are striving always on - behalf of the tobacco industry toward newer, better things, that a still greater smoke satisfaction may be yours.

This is as it should be. The manufacture of tobacco prod- ucts ranks among the worlds leading industries. We are prou to be engaged in it.

New ideas come from all parts of the globe. Some recent improvements have originated with the Imperial Tobacco Com’ ‘ pany. Others we have adopted, cooperating with manufacturers abroad, for your benefit.

Our experts are on instant call for special service anywhere. Today one of our mechanical engineers may be embarking for England to investigate a new packaging device. Next week may find one of our leaf experts hurrying 0E to the Orient to lake notes on a revolutionary discovery in soil treatment, valuable to Canadian growers. It sounds exciting, but to the experienced, travel/wise members of our staff, it is all in the days work.

Vlhfle we are naturally proud of "the contributions we make toward progress in the tobacco industry, we are always receptive to new ideas from whatever source they may come.

We conduct these ceaseless researches, investigations and experiments believing that, as in all things, there is always room p for improvement.

Lighthow a

Un Light Pow pfd 42

Produce Prices

(Canadian Press) MONTREAL. March 15- Wheat, nor no 2 92 l-Z.

Barley C W n0 3 48. oats,c"n.339. Oats, feed no 1 37. Flour, spring wheat patents. firsts $5.00.

Flour seconds 85.20.

Flour bakers $5.10.

Flour \.I_ter wheat paientir choice $3.90 to 84-00-

Fiour white corn $4.40 to $4.80.

ton $30.30. Shorts ton $31.25.

Milddlinga ton $39.25.

4 13 _niodifire—a‘fs"uig_ao lbs $2.90.

Hay no 2 per ton carlots 89.00. Cheese no 1 col Ont i2.

Butter no 1 I1 1-3 to 22.

Eggs in cartons A large 34. Egg \ medium 32.

Potatoes: P E I mts 90's $1.20 to

81.39.

P E I mts 80's $1.05 to $1.10.

P E I cobblers 90's $1.15 to $1.20. N B mts 80's $1.00 to 81.06

N. B. mts 10's l8.

Que mts 80's 95 to $1.00

Que no 3 80's 85 to 90.

HOW TO SAY 1T

TOKYO-Japan's new premier Koki Hlrotp pronounces his name Koh-kee Hee-Nh-tah, stressing all syllables equally. The minister of war, Juiohi Terauchi, is Joo-ee-chee Teh-nh-oo-chee, with no accent.

Recovery Sets

I n A s War Fears Disperse

(By Frank MacMillen, Associated Press Financial Writer)

(A. P. By Guardian's Special Wire)

NEW YORK, March 15—Will- ingness of European powers to arb- itrate German rearmament on a peaceful basis provided the im- petus Saturday for the greatest one-day recovery in the stock mar- ket sinoe Jan. 15, 1934, when Pres- ident Bocsevelt sought authorilyto devalue the dollar.

The two-hour

session opened

with advanccs~ of fractions to around a point, and the upward momentum gained steadily until the final gong confirmed gains of 1 to more than 8 points on the day.

Participating most fully in the betterment mre industrials, oils, chemicals, aircrafts, utilities, rails and steels.

Allied Chemical boomed 8 3-4 to 186 3-4, and Amerada gained 8 points to 120.

One of thc most heavily traded issues was Electric Power 8r Light which ended 2 points higher at 15 3-4. Two other popular issues were Curtiss-Wright, up 1-4 at 8 1-2, and Standard Oil of N. J., up 1 3-8 at 65 1-4.

Other outstanding gainers in- cluded American Smeltirig 8: R61 fining. up 3 3-4 at 82 3-4". Amer- ican Telephone, up 3 at 168 1-4; Union Pacific, 3 l-4 at 132; U. S.

WHAT'S YOUR ‘Norman

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The Charlottetown Guardian

istéeifup 2 1-2 at es 1-4; "hi...

continental dz Western, up 3 3-8 ai 20 1-4; U. S_ Rubber, up 5 l-ll at 7i 3-4; and Bethlehem Steel, up 3 1-8 at 55 5-8.

The Associated Press average of 60 stocks advanced 1.7 points to 61.5, the rise being the best since Jan, 15, 1934. Transactions totalled M25580 shares, slightly under the previous Saturday.

The End Of Vision Uncertainty

Lack. of knowledge and Im- certalniy and neglect are res- ponsible for every case of vis- ual error that CONTINUES. To take advantage of facili- tlu for lr. _-roving vision, which exist everywhere, means the end o! worry and uncer- tainty and the beginning of visual comfort and better gen- eral health.

G. F. Hutcheson

FOR SALE

Prize - winning Gladiolus Bulbs. Three doren mixed one dollar postpsid, or forty cents a dozen. Two dollars a hundred. Ono Pleardy extra, boat glad at Exhibition, in- cluded in all March orders. Writs

Mrs. Gordon Macmillan