18._1929. _

"`l-IF? CHARLOT'I`ETOWN GUARDIAN: - PAGE FIVI

. l

for llconolily and llcallhfulness

thoroughly baked ~ ~ - a bowlful of

eneréyffol' cold days'

by_The _Canadian Shredded Wheat 0ompany,'|,¢`¢|,

tuations will find the best field for hi-9 "H6108 in the securities which are listed on the regular stock ex- Ghimse and curb markets.

ever, quite unofficial. which pra- sents many opportunities for pront

yield. This is the market for unlist- ed seclulties, or the "over-ihe-count- unlisted securities ara usually seveg.

H1 Points apart, and e buyer lg much

This market is established be- harder to find than 5. buyer for a

er" market.

the aeroplane, Southern

mm for two weeks on wild

mud snails and were ex-

haggard and weak when 5 H-eath Airways plane on

r escuers reached Derby.

from Capt. ~Charl~rs Kings-

. .,_._

IN SORRY PLIGHT and two others camo to 'grief on

--- Mafvh 31 when they were forced to

ir. S. w., Apru is-Thailand in the mud flat regions or

Port. George while on an easy stage flight to England, that the men soon became to exhausted from ex- posure to make their way to the C0655 and Probably would have per-

it was revealed today Shed had their fescue been delayed

much longer. The meeting between

g airmen said they the stranded fliers and the pilot of

the rescue plane was described as

who with Charles Pulm highly emotional.

the unofficial market for many well known. and hundreds of not so well known securlties."I’hese issues, which

are not listed on the regular ex- lateral against his bank loans,

Like the stock exchanges. tha un-

listed or over-the-counter market. has

. ecelesiastic from the United States .-

H5 Wm C059. U5 °WU 111181180. laws and an American woman acted the

principal roles.

Service and Selection at 5,500 Canadian Merchants new

every day, solne brokerage houses and a specialist solely for this class of buslncss, while other dealers trade ln unlisted securities exclusively,

chiefly on the telephone from nine o’clock in the morning untilaslatein the day as one dealer can find an- bargain hlmliilll. I. other with whom to do business.

Charlottetown

There are no regular hours for trad- ing as is the case on the stock exchang- es. The dealer in unlisted issues oc-

E A’ S cupieg a. position similar to thevre-

` ° ° tail merchant. HE usually specializes

Investment Secarltles - in two or three classes of securities

such as bank and trust stock, public

'fig ,-

§'\ ‘ »\ '-

-‘ han-.1-c

if =- " r ‘ l 1 1 E " ` aj ~ i

The Stock Market

UNLISTED SECURITIES BY DON MOORMAN

ARTICLE 12 'does not accept it. _

sideration is safety and dividend a forced sale.

changes, are dealt in extensively

tes! 'of Atwell ds C0.

Charlottetown Omoo

Aconda ... ... ... ... ... Amity C°Pl7€r ... ... ... ... . Amulet ... ... ... .. .. .. .. Apex .. ... ... ... ... ... ... Area. ... ... ... ... ... ... ..., Arno ... ... ... ... ... ... Asso. Oil as Gas ... ...

Barry Hollinger ... ... ... ..- Bedford ... ... ... ... ...

Bidgood .. ... ... ... ... .. .. ‘Big Missouri.. ... . - ... ...

. ‘if ,Q .

/, 4.. _ » Semng on me orders of ms clicnw iBuckingham ... ... ... ... ...

. /'1`L\

\` ‘ '

l/(raft _ ; W r ”' ,- .

Q 0

'specialist in that issue, or if therel ` ‘ " "' °"

be no specialist, he will shop around L g:)‘f”R'e;_;r;é‘ "' °" "' "

n .. .

A L b ° ti n ' among the other dealers for a bid- ' ' ' °' °'° u or offer quotation. Prices and quota- 1 gggizumm "' "" "' °° ""

THE lubrication that is given to a new ca_r lm a

verydirectbearing upon the life and service that

you are going to get out of the car. The object _of lublication is to reduce friction to a minimum and only an expert knowledge of greasea and their quality will achieve this purpose.

Thin cheap greasés will eventually aggravate rather than reduce friction.

“WHIZ” GEAR GREASE contains those two cessary qualities-fluidity and rich smooth olll- r.css`-that mean free moving parts and easy start- ing. In a new car, all moving parts are stiff and rough. Friction inevitably smooths these down, but in doing so, injures your grease. Right here ls why “WHIZ” GEAR GREASE is so valuable-its rich- ness-its body-have the strength and ability to resist the effects of friction. _

And of course the correct grade of grease is just as important as the quality. Your dealer sells and

'recommends “WI-IIZ" GEAR GREASE.

“One pound of fresh grease added to four pounds of worn grease means five pounds of old greaii.

Q _ get in touch with the over-the-coun-

Q f _ ter market through its regular brok- _

3) ‘-W erage channels. Vlfhen a broker rc- 1 Capitol S' Mines "' "' "’ '°

~ ‘ ceives an order to buy or sell an un- _ _ '_ M _wb

listed security. he promptly gets busy i can ra am B' "' "' °'

i -Bunker Hill... ... ... ... ... §Carona .. ... ... ... ... . ... Capital Rouyn ... ... ... ...

The general trading public may

,Castle Trethewey ... ... ... ..

on the telephone and calls up the g_k;£:';t`H“ghes °'° °" "° "‘

tions over-the-counter imply no ob- i

ligation until it is clearly understood Damousie "‘ '°' "' "' "°

si is _ b don, when-Duprat Mines ... ... ...

that bu ness o e ~. f , . ‘ prices are accepted verbal conflrma- ‘ Motmu on 85 Gas ' °" "' "

tion is binding and the security is = Fmcpnbridge "' "' 2"

delivered against payment as soon V Gwdhm Mines " "' " " °°'

.bl .Goodflsh ... ...

as pcssl e. 5 - Evcrytclass oi’ security will find a. Gr°veSv_D'M' md' °" '° "

lrlrlrkct provided there can be found Grand ew "' "‘ "' "° a buyer‘and seller and a broker to G"‘m“d°""' "' °" '°' quote a price. Practically all unlisted ;‘_“_‘_*;’_"e;'f securities will, nt one time or an- _ H° cg ' ' ' ' " _ _ _ __ other, find their way into the over- , Hxisgn' _ _ the-counter mari-:ct and a great many ‘ m_c__mt_ona_ Nickex _ __ __ issues are traded in this market be _

fore being listed on the exchanges.`J*‘°k5°“ Mankm "` ' ' Prices ranges from a few cents per Kgelcy ‘ ` ° share an the way up to the high_Klrkland Lake .. ... ... .. .. priced- issues which are beyond thelK°°t’m°y “Oren” "' "' reach of the average investor. and _Lake Shmg "' "' ' ' "' "' selling into thousands oi' dollars per 1 Macaw* "' "° "' °" '° share, Of ccurse, in` this market M‘mdy_c"° "‘ °" " " " " "

there are good, had and indifferent 'Maint "' '

» .

that he is altogether too ehoosey. Iprobably you will ¢et peeved if he

ling market, after your equity is gone, he cannot afford to take any

There is another market how- further loss himself. He must have

security for his loans with prip.

_ es falling rapidly this security must

to the investor whose chief con- ilnd a. ready market in the event of' _cam_m Pam md B conversation over

“Vee” bl'0k€rs and dealers and is listed issue, there would be very lit-

tle proteotion for the broker in a panicky market. Also the broker em seldom use unlisted securities as col-

and ov-itonw. you may buy and sou all sorts of queer securities there, of-

Over-the-counter trading is done ten y°'U will make a. prodt, some-

times a loss. but it provides an at- tractive field for the investor who i.s‘ ' In May, 1919, during the Paris

~03‘f4 1 drop. Mgr. Kelley was of the same* -49 opinion, and it was therefore decided SySt€m On the P-tlf1!ltiC R€Bi0l'\ Which 9.63 ‘that 515,10; 3|-ambiiig should spcal¢_ is comprised practically entirely of

5-15 to Premier Orlando, who was in Parisi the Maritime Provinces. 01018 being -

____toba_cco, combined

used in ,the manufactu- Of our chewing tobacco.

Hl£KEY.s NWHULIUN i?_\:l.s:.\at|.al.e

of the

the highest quality oi’

the _.best _ingredients

_ .‘i‘Tl_1r:_Besr Gnew”

LACKTWUT

better class may .be found mi*-ny

on wily this market does not attract

There are very few unlisted secur-

`ities which your broker is willing to Treadweu Yukon " °" '°'

Thompson Cadillac ... ..-

accept as collateral security in your

you offer him may be the very best " k

Savers Headaches 12 wr

ish Colum

securities, but among those of the Mfm' Basin "' '°' "

Mm. Corporat.on ... .» »~ -

joy, the highest investment rating Price flilctuaiions in unlisted stocks Mcmtyre "',‘ " "' "° "'

' 0 which are entitled to, and which cn- Murphy " "' ' _

| _ \ _ |McDougall ... ... ... .. ..

_ I. _. < are seldom subject to the violent gy' Newbc; "‘ "' °°' '°' " °

I I csslonrlly an unlisted stock will Old °°1°“Y

provide considerable fireworks. In Fwd Olieme "‘ '°' °" °"_":

- the unllsied market the spread be- Pima" '° "` "' " _

t " * tween the bid and offer prlcesls gen- smdacom' " ` "' "' '

ff' ` ‘erally quite wide which is one reas- Shen" G°rd°n "' "' °°°

Siscos ... ... ... .. .. .-

rations that are sometimes \vitncs» impiss g "' “‘ "' sed among listed issues, although oc- Nmands "' "' "' `°° °'

the average speculator; also a ready St' Anmmy "' '°' °" ° market is not so well assured, as in s“db“ry Bas n "° °°' "

the case with securities listed on the sywunlte "' "° '°' '° ‘stock exchanges. ` Tack Hughes --- --~ -~° °° '

Towagmac .. ... ... ... ... ..

margin trading account. The stock Venture’ "' "° "' °" "°

Vipond . ... ...~.-. ..» .. .

of unlisted lmues, and you may feel west D°me La ° " "° '"

windfall ._

_"`°"°"_'__ wright Hargreaves .. ... ... ..

_W I I

'llasmlolliorofwlli ‘"“‘.”"°“_"1';'_'_`_; "

An (-,LD GIRL is _ agreement possible, Orlando said that onalnrion carrui BAISIB

Is lol Troubled low.: ________________-___-___-________________.__

’°“" °““.'§I§‘T2` §.‘2Z§I.°.I.2.’$$ “‘..."..."..‘.. i 1928. Chrysler

4:55 official negotiations with an Italian 935 premier, and took with him a mem 230 orandum of the Roman question cno_ 1335 . its possible Motion drawn up by Car-_

ENC! MGB. F. C. KELLEY, NA- TIVE OF CHABLOITETOWN AND FORMER JULIA MEYBI INITIATED PLAN WHICH WAS WORKED OUT 10 YEARS LATER

ROME,-Ten years ago two- Ameri-

PASTOR. ASKED T0 TEA ~

'_ peace conference, Mgr. Francis C.

""` Kelley,.a. native of Charlottetown, P.

STANDARD MINING EXCHANGE

"E, I., then president of the Catholic Church Extension Society, pastor of St. Francis. Wilmette, Illinois, and

Qu°t°ti°m furnished through °°“" now bishop of Oklahoma was asked

to tea at. the Ritz Hotel by Slgnor and Bignora Brambilla, formerly Miss

C'°'° Julia' Meyer, daughter of George

P O. BOX 264 Phone 291 L utilities. textiles, insurance stocks, et Ab“““ “H” Von Ienseike Meyer. Ex-Ambassador

cetera. and frequently stocks up on

his specialties in order to meet the_

i ___ requirements of other dealers. He

Y . _ any ` ildvertlses his wares by printed cir- .

_ culars showing what stocks he is

carrying and the prices he will sell at. He is the principal in this in- stance supplying the stock*-himself,i

\ . _/51 \ wherein he differs from the commis-

, L .sr ,~\ ,Q15-_ -ff _ '- _ sion broker on the regular exchanges

' who is merely an agent buying and

'13 to Rome and St. Petersburg and a '34 member of President Rooseveltis

L76 Cabinet. She was the wife of the late`

'03 Carlo Brambllla, amember of the 33 Italian delegation to the peace con- -25 ference, and afterwards Minister to

5-0° Athens.

34 In the _course of the conversation. -53 Mgr. Kelley said that he had met -37 Cardinal Mercier, who had expressed

1-19 the opinion -that the conference. -05 which was dealing with questions oil

-11% vital interest to so many countries,' -02% woilld have afforded a good oppor- -O5'/I , tunity to bring about also the solu-;

05 `

- ' tion of the Roman question. .ss ` `

.09

Islander Is ' ' G _

Prominent In _ ‘ am

» ~ » O 0 0 0 .

...... .. .. ...... ... .......- ~ V“"°"" A”‘"'-‘= 7f7'zhn_g Satzghchon

The speculative trader who lsistarldpolnt. He' has loaned you I A

intereslxli chiefly in market fluc- fron-l‘ one-half to .three-quarters of

the purchase price ofthe stocks you are carrying on margin and in a fal-

uulunc rams raacz coxran- Merelyto guarantee a pen is not an assurance

that the pen-point will give satisfaction. i l .

But when you buy aWaterman's Stainless,

._ you buy writing sa tisfaction-and -‘

.__ :__ _ that covers eyerything required

: of a fountain pen

' _.V °@ \\\\Y_ Ask your dealer to let you try

Watzrrnan’s No.7 group of

_ seven pens at $7.00. One

their tea-cups in the-Ritr Hotel des- '*`. of them will suit

Since the bid and offer prices in “ned W play 3 ¢0n51d¢,-,|,;¢ pan in _ \\_ _ _ _

the concord which now reigns -be » '-7:;-,_;;`\ "'“"‘"5if°"'

tween the rope and the italian oov- 00 A "T\.\ f°°“"

..,__ .\

f.`,\\ .5 _

_$§ \ `

= your hand-

he would call a special council of (;,LgAN1N(_;S FROM MURRAY I ministers at Modane, on the Franco- K1vER‘ AND VICINITY

Italian frontier, to submit the whole

ernment. ` 'i - \'5_ _

Solution of the Roman question, F H _i s_ " _ ir.,

which culminated in signature of the ~"~` \`\‘<\\ ¢\

lsteran treaties of Feb. 11 between . ‘ \ >`\`-\"\ I

Use Waterman's Ink ' ._ f ~l

the Vatican and the Government, was in Waterman., Pens _ _'_ ’ \- ._ the result of many cumulative efforts "-./////,/_\ \

_,_ _

since 1870 in one of which an ’ -.

./ \

ner- 1

’/f /

He d€Cid€d '-0 Send Slglwl' C°1°51m°~ is spending the winter months with‘

minister Of the C°1°“1€5» t0 Rome Willis mother. Mrs. Mary Belle Bearsl wg off" pm- 531, me Fvllsqqng

ll1f°Ym the Ki"8» Whose a°C¢Pt”“°eIof Murray River. ' f Farm Properties:

was considered sure.

compromise by which both parties

thus ending for the time being thci

5°]uti°“ Uf me Roman qucsmm' trnds raising foxes His many friends

vlsh him every success in his new

enterprise.

°°“1d pmm °°“51derab]y' ! Mr. and Mrs. Benjamin Jenkinsi

Just at the time events at tile pcacel and mmm, of Pu Pleasant have 1 conference reached such a point thatl moved to Murray Rivet Mn Jenkins; (2) he was forced to return to Rome, and? has purchased the residence former

shortly afterwards fell from power,l ly owned by Mrs Katherine “mite

.hay Rnd we understand that he in-_ (3) ' i

This W9-5 “Buy the Precursor °f the; Miss Jennie Cock, P, W. C. student? (U Newnead Farm ‘muted u Wm

P1`e5¢“t C°nFmaU°n- Orland” fnaimlspellt the Easier' Holidays with her tained that the Vatican had n'o necd_ parem_s_ M,._ and Mm T_ L_ Cook “_ §£..°.1‘.§.§Z.“f.’.“.‘iI.’ ‘.3..‘I;“‘;Z.“35..i“§§.l ;‘;‘;,?y 335;, 3?, M”-1 visible." He would l-rave liked to endi ‘e S _ ~° ` ` ` a 0 spam!

_ l the Easier holidays at her home in

the Italo-Vatican struggle with or Murray Rivet.

within 200 yards.

buildings.

No buildings.

Apply__ to

l y

-65' anronrs 'ro varlcan _ C. N. R. Estimates _ MF-=~ A112115 MHCPUCPSOH and Miss, »

| ` ` ‘ ' ;Flora. Stewart of High Bank wcre'_THE

The Bramblllas thought that sun lspeeisl to The Guardian 'recent visitors to Murray River. COMPANY

_ . ` . I

_ f < C _ M icq' N_ A -' 5__.F 1;] .il-*_ 154 - F~l¢l1m0lld Street 1 Z5 i a suggestion should not be allow d tof Oi 0 D111 1 Dr le _yearl I _ _ 3_64_4_Sam_ethur_

1929 the expenditures of the National - i“H1‘i1’I U“i"“'“t I‘"\°"i= Fl"

-05 iss head of theltalian delegation,l being onlya. :hort mileage in t.hc‘_

7.55 1and_1'f mc 1`a;fer 51-|¢§wed_1~lim5elf welll Province of Quebtc, for addltiorls._ 10-95 ` disposed .towards the proposal,. Mgr_' betterments, maintenance and re-_

` l ` ` 5 newals and fuel amount to $l(l,59B_204._

.04‘/5 _;{o1l¢y_ vvould_opproa_cl_1 tl-le_Vatican

-11 1 authorities. _

Ordinary maintelrance nnci l'el1ewals

.03 Sm,-,or 0;-pmdo gonsengcd 'fo soc; which account for a total ci $7.430.- .4's » lm ,-_mefican mieslsstie in mol ooo include the laying of 120 rnllos ol. _19 i B _“tm-em O1 Sigma, B,-Bmbma_ me; new 100 lb. rails 247,000 cubic yal‘ds_

P . _ - .

05 , cOn,,e__sauon between me two was 50, of ballast. l.03o,a43 tle plates andl

139 lsausfacwry' that immediately afte,-.j 1,063,130 tics. Included alfso arc re-1 1.20 I wards Mgr. Kelley took the first train; mir-= i0 cxistins structures and the moo ? ionome to report the whole tiring wi @1'@<=ii°\\ Of new Stations ew-

. .

At Point Tllpper and l\/llllgravo the

48.2 ‘ the Vatican. _ _ _ ' _

_ml He was _received by MEL Cen-em_ tvlzllsicr bridges nl. the cur ferry_

_43 I who occupied the posmoh of secre. landings are to be replaced at a cost| 1.10 l tary of extraordinary ecclesiastical .05 523-003- - _

.16 | affairs, the same post now held by E

27.25 Mgr. Borgonginl Duca. Mgr. Cerretti

.17 i now a Cardinal. took. Mgr. Kelley

1.52 E to see the secretary of state, Cardin~

_43 ‘ ai Gasparri. .

_45 l Cardinal Gasparri submitted the 4.50 i suggestion to Benedict XV.

za . 58 l rori: rouun wlcuuc. iaoo . .

3-; The Pope, immediately expressed

3:99 his willingness to considerthe pos- 52_50 sibility of an agreement with thc

Italian government. He decided that

.39

‘ 650 Mgr. Cerretti, already chosen to_go to

47 Paris toconfer with the victorious

In powers about the into of the catholic M5 clergy and their properties in the

as German colonies. should leave at

'49 once with Mgr. Kelley. 1-le was there-

835 fore entrusted with the first semi-

1 Brunswick and 510 percent of the total l 'i

15 dinal Gasparri himself.

was In Paris, Mgr. Cerretti met Signori 1.12 orlando. Th! Premier approved sub-|

Gssporri, stillesting only secondary;

stantialiy the ‘conditions set forth by

changes.

12 The gist of thls_~eonversatiorr `was_

telegraphod in-code to the Vatican. and on receipt of `reply which made

f,“||,_0fll8ty

ing around 1100 pounds. 'V60' 'i-N ‘gr-md shampiorlship of all breeds al the Kamloops bull sale and ini- lim! show. - ' nut wuuune trophies. for live mek is no novelty for Annie Tumor- Sh* won nigh honors mt year. and thi' year repeated her triumph with cups and other trophies galore.

This year she will again entpr her mimi la me calgary _md MMWW shows and howl to reP°lt her lllooeli

twelve year old daughter of James. _ . . . . _ _ . . ~~ Turner, caaboro any mel: breeder-. . . . . . . 00 Her 14-months old Bborthorn steer. _ _ _ _-_ _ _ Cash -:_

ruesbysnialriumuquumdwllh-_ _ _ _ _ _ _ _ ___ ;»~ 1

Balance monthly pay-

ments. Choice of

perfect running order

good' las new. Write

Coachfdr Coupe, in 2

sc. H. RYSLER i

Care of Guardian

_ ear_wl'isn slie won' tba chem-' , A' ____ P_l0n5_mP_ .A“u\ ` ° H _ l||lll'll'l Llnlmlnt prlventl Ill. 1 9', ik _

stimatcs provide also for the com _

pletion of the standardization of the ` guage of the railway on Prince Ed-‘

_ ward Island and the extension of t.er~` mlnal at Cllrirlottetowll and the erec- _ tion of a new engine house. ‘

5 Major stlwlctllrcs on the Atlantic Regioll for such provision is made in the estimates are n continuation oi the work of the station at St. John., N. B., on the Nova, Scotia. Hotel#

l Halifax, and a joint station at Ya - m011til.$l,Zi00,000 has been provided for the New Canadian National I-Iotci

at Halifax which it is expected will bei opened this fall. Picton Lodge is nlso included under the list of cxpcndit-I tires. Expenditure for fuel is cstlmnt-1 Ed at $6,540,000. This represents 27' percent of the total output of the; mines of Nova Scotia and New!

output of those of the latter province. 1 $3,700,000 oi' this $6,540,000 represents _ Maritime Provinces coal shipped for ` use on the lines of the Canadian Na- tional Railways in the provinces of

Quebec and Ontario.

1 NEW TARIFF

ON BANANAS

(Canadian Press)

BULLEHN, OTTAWA, Ont., April

16.-’I’_he revised tariff on bananas giving the British West Indies pre- ference over all other nations ex- _ porting to Canada will go into effect

on May 2, according to an announ- _ cement made this afternoon from the department, of finance. The duty

Cwill pl

to anyone supplylng us with information leading to the convic- tion of any person selling imitation rugs as genuine Congoleum. No rug is genuine Congoleuln unless it has the Gold Seal on the surface.

Congoleum Canada Limited

Montreal. \\\\\\

Gcnumc

C0 olcum

haglérc Golf/Seal. on the Surface

GYWHUIIY

(y`E'l/Cry A\

O COLE.

°¢ if 'W

. . s

( I

" \~.. ‘l

Farm Properties

affair to his colleagues in the cabinet._ MR Phmp Bears of Elbanm Sasknl

cellent, state of’ cultivation Large Stone Residence with hot water heating; electric light. Wooden Bungalow for hired help, fargo barns; cold storage plant, elec- tric light and water plant. This property is just five milel from Charlottetown on the Mal- peque Road; Wlnsloe Station

_ aloe consisting of 82 acres in GI- l

Farm Property known as the "Old MacKinnon Farm" consisting of 110 acre! at Hlghdeld. Nq

Royalty Lot 530, containing 11 agree of good pasture land situa ated In Charlottetown Royalty;

r~._.,_,__

'al

///f”/////’//0//y,

C55”/r 2 ”¢

§2 ii ig/5 / /////////////

stil: RUG

on bananas under both general and intermediate tariff is 50 cents a bunch. The new tariff was held up sf, the request of the govemmen; of -the British West Indies. West In- _ dies bananas enter free through Can- `

Paint and varnish as Q *dim P0"-‘ "fi" MW “-

The measure of choosing well is_

whether a man likes what he has: chosen.-Lamb. l

PROWSE BROS., Ltd

Carry nil Sizes and Patterns in

Gold Seal-Congoleum Rugs _

Including the New Persan Rugs