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FUN-Wu:

rrygjrrvry-Ynynl?

FEBRUARY 23. 1935

rm; Cl-lARl-XYFFETOWN cuaanuuv

ESTEEDACi/as STOCK and B

OND

611cm TIONS.

PAGE FIVE

‘Iirlfl. Stock Exchange

(Qashiioss furnished hy Iohnsts. “a Ward

“s; Iiisohsnle. ntrrai (‘orb Ilsa L‘ 15o Richmond Street. - ebsrlotte- gown.) ‘

_---

133V s

4 17%

2S 7% 15% 7%

0 8%

18 11% (X/ 21%

~38

5

81

G

t)

i 4

1

el . 2

bake of Woods ... 11 iiassey Harris ... 4% licUoll Front. ... i-ilit tfont Pow 80%

ati Brew 33% Eat Steel Car 1'!

owi Corp 0%

uebeo Pow . 10% hawlnigaa 18% new \Viiiiarus 14 oath Can Pow 11y,

BANK!

‘ ... 187 lontresl . .. 108 198% vova Scotis . . loyal - . 110 Bank of Can .. I50

IUTGRCIBS C ' (Canadian tress) MONTREAL. Feb. 2-i—Nsr-ruw

members of the llontreq

movements were recorded on Mont- rsal foreign exchanges Saturday with the pound sterling showing a small

decline. The French franc gain and the United holding unchanged The V; of a cent at 8-180 irano firmed .01 of

pound

a slim States dollar -lost 7-10 wbils the s cent at 0.00

cents. Tho dollar was again quoted at

9

ar. NEW YORK. Feb Zi—A drop of

more than a cent in the sterling rots was the major change in Saturday's

foreign exchange mar

kcfs.‘ The pound closed nt. 3-1 80%. its low for the day 1% cents below its prev- loas close. The Canadian tloiiar held

rtationary and unchanged

throughout tho short session French franc, closing thawed s gain of 5’. ,0! s cent.

Miscellaneous

(Canadian Press) MONTREAL, Feb. 2-l—- Wheat nor no 2 titi. tlats i.‘ W no 2 m.

Unis C W no Li H). Uata feed no 1 iii.

at llli‘ Th a-t 0 02% cents,

ifléwur spring when l-itenis, firsts

i-‘lour seconds Si ilt)

Flour winter wheat U 40 to $1 50.

Fliilil’ white corn $5 r) to 80.00 lirau ton $21) '15 i0 $2: 25 Shot-is ton $27.25 to " .3 25 iiliddiiudgs ton S20.-. to $32.15. li-illvtl oats bag 00 lin- 33 50 iiay no 2 per tou ('iil"i)iS $145 Cheese no 1 Unt fall 11'” in 1'1; Cheese summer no 1 i211‘. flutter no 1 2H; to '.'. l-Iggs A 1 incdiuul iii Eggs la cartons A 1 largc 31) l-lggs A pallets .15. Eggs A largo 32 ilggs A medium 30 l-lggs‘, A pullets 2b. Tlggs B large 2.‘) Eggs l! medium ‘.33. Eggs C 20.

Potatoes Qua no 2 whites 50-55. Que no 2 gr. mts 5b to 0O. N B no 2 mts 07% to 58%.

P Ii 1 mts 00 to

Use lfinard's for Burns

Bills Tags Books Bonds Drafts Labels Badges Blotters Dodgers Cheques Booklets Placards Ciroulsrs Vouchers l-Islld Bills Price Lists Bill Beads Pamphlets Prize Lists s invitations Catalogues Post Cards Debentures Ststemmts Note ileads Plsnu Cards . Leora Cards Blank Notes Programmes Milk Tickets Filing Cards Legal Forms Meal Tickets Memo liesds Letter Heads

Laundry Lists

Bmtnsss

Greeting Cards At iierne Osrds store late Iillls

77w Guardian

Central Job Printery“ Phone 133.

intents choice

PRODUCE

(Canadlsls Press) MONTREAL, Feb. iii-Increased

demand and a decrease in receipts combined during last week to send cgg prices higher on the Montreal dairy and produce market. Gains uP

to four cents a dozen were registered

Graded shipments in carlots or less ended the week at 2i) in 30 cents a dozen for A large, 26 to 27 cents for A medium, 25 to 2A1 ccnts fon A pul- lets, ll) to 20.cents for l.) and 1'1 to i8 cents for .

Onthe butter market prices eased l4, of a cent from the peak touchsd a week ago with no 1 grade in corlota or lcss becoming 24% -to 25 cents a pound. Solids sold at 20 cen-ts and prints at 21 cents. .

No 1 Ontario cheese firmed slight- ly becoming 11 to 11% cents a pound for late fall receipts and l2 to 121/; cents for summer make. fterlngs were 805 boxes, 130 more than a week

ago.

Quebec no 2 white potatoes in B0 pound bags brought 50 to 6b cents with Quebec Green Mountains at 5d to 00 cents. Now Brunswick no 1 mountains were 671,5 to 021A cents and Prince Edward Island no 1 Moun- tains 00 to 65 cents.

Improved. Con- ditions In N. B.

(C. P. By Guardian's Special Win)

FRIIDERJCTON, N. 13., Feb. 22.- Improved economic conditions throughout New Brunswick have been reflected in iarproved educa- tional opportunities in many rural districts, Dr, A. S. McFarls-ne, chief superintendent of education, said in the annual report of the schools of New Brunswick, tabled in the Legis- lative Assembly today by Hon. A. K. Leger, K.C., provincial‘ secretary- treasurer. “Schools that have been closed for a year or two have reopened". Dr. McFarlane stated. “In places where new settlers have been gran- ted iands, provision has been made to give the children of these settlers a chance to get an education; school districts have been established and new school houses erected."

Canadian Writer In y Britain

(C. il-Havas)

(By Guardian's Special Wire)

LONDON, Feb. 22-4Rev- Dr. John Wesley Bready, well known Canadian scholar. arrived in Brit- ain today to write a book on "Wesley and Social Reform."

Dr. Bready, a former minister of the American Presbyterian Church, who was educated at Knox College, Toronto, and Queen's University. Kingston. Ont, sold, he will trace, from the days of John -Wesley, Methodist pioneer, to the present days," the impact of spiritual and humanitarian forces in moulding what is best in the British herit- age of social reform.

Rev. Bready is author of bi- ographies of Lard Shaftsbury and Dr. Thomas John Bernardo, {candor of the famous orphan homes for British walfs.

Suggested Quotas For Market

‘to. r. By Guardian's specs: was)

OTTAWA, Feb. 22. -— Suggested quotas of Canadian beef, veal and pork to be imported from Canada into Great Britain during the quar- ter starting April 1, next, were 504.- 000 pounds of beef and veal and 472,000 pounds of pork, Minister of Agriculture ReTert Weir told the House of Commons today.

J. C. Elliot (Lib. bdladlesex West) had called attention to a newspflwl‘ report that the quotas for tho quarter would be limited to average imports during the same quarter during the past three years. Mr. Weir said full details of the matter were not available at the moment.

.__ ‘-__'

DOMINION or CANADA r-novmcn on 7 r-nrxcr: stow/inn rsnsun

In the Probate Court 25th George V, A, D. ID30-

ln re Estate of Margaret Callaghan late of Charlottetown in Queens County in the snid s ravines, deceased t t "by. the Honourable ilsrold Leonard Palmer, Surrogate Judlfl 0i PM!!!"

to. M1,.

To the Sheriff of the County of queen's County or any Constable or literate person within said County;

' "GREETING i

Whereas upon reading the petition on file of John Callaghan in the City of Montreal, Province of Quebec, Engineer; John iileKsnnn of Char- lottetown. aforesaid, gentlemen, and if. Aihan Farmer of Charlottetown isforensid, Barrister ,the Bxeentars of the above named estate praying that a citation may be Issued for the rerun-e hereinafter set forth: You are there- fore hereby required to olts all per- sons intersstnd in the laid Estate to

held in the Court House in Charlottetown in Queen's Cell"! i" the said Province, on Tuesday the twelfth day of Ilaroh ext coining at the hour of elsven o'clock foranooa sf the some day to show cause if any

they can why the Accounts of the said Estats should not be passed and the Estate closed us bfilifll "I l"

"in petition and on motion of I. Itlhan Farmer, Esq.,——l’rocfor for said Petitioners. '

And I do hereby order flint a true ruby hereof be forthwith published in some newspaper published in Char- lottetown aforesaid once in sachwsaekk

co hereof be forthwith posted is fbspyfolluwinl public places respectively nasnely, n. tho hall n the Court llonse in Charlottetown aforesaid. at op nsar the Iloyai Bank of nals and at or near the Bank e Xsva Sentia both in Charlottetown afore- Aad I do hereby er- that s trua copy hereof be forthwith Prnvlnoill ‘hsaesrsr sf as that sll persons Interested in tho said Isiah as afaro- said may have due notles . Given umlsr my hand the lssl of the said Court this _ 1Q of IebraarI A. l7. "5 u‘ u“ year ef ills I '

(L. l.)

zW/"L.

(Julsrisifln Stocks

and Ward) Opened

Iicauharnois Brew Corp (‘om Brit Amer Uil Can “alt ijan Wine Con l'np

Dom Eng Works . "' Dora Stores ii-‘yg Ford of (fan A iiti

(lrccu Stnbell J1‘- liome Oil uu imp Oil . ltil/-'_. imp Tab . . 13% inii Pet -— Mitchell Rob .. 5 Norah i .. {i350 Teck iius\~s .. 1am Walker llrew . 305 Wright liar 000

New York Curb

(Johnston and \Vartl) O

Ma rk ets A t A Glance

(Circadian Pres Toronto, and iii stocks closed lower Toronto lilacs-irregularly lower. New Tobin-Stocks closed lower. Winnipeg-—\\’hcnt steady. New York—Cunndiar\ dollar changed at 100

DEATH 0F W. N. VICKERSON

William Nelson Vickerson, 62, died suddenly Feb. 14th, at. Calgary from a heart attack. Mr. Vickerson collapsed on the strmt and died be- fore medical nld arrived.

Born in Prince Edward island, Mr. Vickerson came West 20 years ago and farmed for a number of years in Regina, and Moose Jaw dis- tricts. In 1913 he was married to Annabelle MacKlnnon of North River.

Mr. Vtckerson is survived by his wife and two nauzbwrs- Ruth = home in Moose JBIW and Helen, a teacher at Brlercrest. Sask.

He also leaves four sisters and three brothers in 10011111 his P955‘ ing, Mrs Minnie Vickerson. Resins. Mrs. S. Richards and Mrs. P. Rich- ards ma. of Sydney. N- 8-. and Mrs. Haslam and Francis at Von- buuven Mac at North River,

. . 15 - PTEe funeral took place Saturday ‘Feb. was from Jacques were) promo, Mrs. Minnie Vickcrson of Regina, was visiting in Calgary st the time of the death.

"E

s) v ontrcai—1ntiustl‘ial

illi-

Tho new Bank of Canada, "the bunk without a vault”, ls getting down to serious business in their new home in Ottawa. Under the sovernorship of Graham Ford Tow- BPB. organisation has begun and the "ready for business" sign is nearly complete. Layout shows Gov. ernor Towers, Victoria building which houses the new bank and the French and English brass plates on the doorway.

Mixecl Session

Mt ’l., Mart.

MINING

(Canadian Pres

passivity

Weakness on

tainty and buying was with the balance on the The few fast movers of group that bad held the

lapsed into s state of quietness all four

lo wcr.

MONTREAL, Feb. 24 -- Prices again pursued a mixed course on

U16 MOINJESI Stockililxchange dur- finlshcd 1i cents duwn to 2.17.

(Cuuutllun Press)

Steaks pent-ti Inset ing Saturday's abbreviated wcck- TORUSTO F,“ ._,3__ m" CHE B _ 17% 1m] end session although volume re- elm-k, ' Am“ u,“ m“. 1.,‘ h.“ corded a. slight expansion over the Mm o“ Atlas Corp .. s). s53 previous clay. Presence of a guld- Amer Sup Pow . 0i ii ing influence as the market in

§i§§'l§§i§l s‘... i. b, Well Street reopen-ed after the

Ford of Can A any, any, George Washington holiday failed

Gulf Oil Penn Milt; 50% to have any effect on traders, and

‘m!’ o“ I'm ~ Pm "M after a brief opening flurry deal-

lnter Pct . . .50 _) t ed f u d n q

m“ m,“ i314, 41/, ere re ir rom ac ve ca ng.

Stand on 1nd . . . 211/1 24% and allowed the market to shift

Stand 0|1 Ken 21 21 m. “gem

Removal of the restraining in- fluence of the overhanging gold clause cases with decision of the United States Supreme Court on the cases has failed to result in the widening stock market par- ticlpstion which had been expect- ed in some quarters. A slackening of business activity was blamed in some quarters for the uncertain attitude of traders.

Dom Expi‘ .' . ' . ‘ . . lilltlnrntio

Midway . . . biuncta Ncwbcc

(A. P. by Guardian's Special Wire) WASHINGTON, Feb. ‘rill-The

lithe 0f the United sldiks Gill/ETD" Norntrda menifs 3433110000000 relic‘; bill w: -- tossed into the realm rmcer- l. .‘ talnty tonight after the Senate had Fight 1'30 . sent lt book to its appropriations girrggflmr~

oc unlttee at the request of Dem- oozoltlc leaders.

While those in charge of the buf- feted bill refused to concede it. one administration stalwart, Senai: James Byrnes ti‘ South Carolina, even went so far as to assert flatly

Rcnd A uth ill

by taking Delhi's “I had kidney

trouble and s lamo back and could bardi turn ovurin bed, but tha to Dodd’: Kidney Pills l am better ” writes M“ J. Underwood, » ~

Gflfld Fllll. N-B. "I am now tiny- oss years of up and have been using Dodci’: Ki Pills for about twenty- lve ysars. ey an sure roat for backache and kidney troub a, and l am asvsr without a be: of Dodd‘: Kidney Pills in the house." Mn. Underwood is libs thousands of other woman who for ears have found Dodd‘: Kidney P of t benefit wiasaiddnsys pronto order. b"

Budd's Kidney Pills

~~~‘" the $t,000,000,000 works pIOBTB-thmt? l.‘ ‘ for 3,500.00) men new tan ' relief was "deed". He nsade e Has known ‘he assertion on the basis of the Sera- ste's "inskvteme" Lon the breve - Segre‘ Years ing wage amendment in the face . ~ ' of a ceataln presidential veto. wflgh, ",,,.'_, ‘h’ Iqgiqgfig Total snics 300,

. ‘i

TOIlONlYU, Feb, Y-i-Mining market sentiment bad arrived at a state of by Saturday following the nervous inivauce of the early part of the week and tho closing session saw u turnover of only 300,000 shares. the industrial markets helped to spread the feeling of uncer- scattered, producing irregular price movements down side. the penny interest in recent sessions, including llicWutters, uunnar, liichllian and Granada, also comparative closing narrowly

ltincassn was the outstanding strong spot in the secondary gold group, sd-

and in the base metals price changes were unimportant. ‘there was no aet- ion in the oils and Chemical Research

(By Johnston and Ward's Special Wire)

MOININO MARKET LETTER

t NEW YORK, N. Y" Feb. fl-Prices rallied moderately for a while Thurs- day. but toward the close weakened again Volume, however. was smaller and there appeared to be little pr". suro of real liquidation Gneral Elec- tric was freely offered and Baldwin and New llaven bonds were weak Tbcse were about the only features, The ability of the market to hold 0H TINIPBIJBY was favorable, but if further weakness develops it will suggest that liionday's highs will represent the best levels to be ex- pected foo a considc bio period.

Laidinrv and Company.

SUMMARY

NEW YORK, N. Y., Feb. 23-6010 i Bars reach new high price in London iuulrliret at 143s lid against 143s 0% -‘r a

Swift and C0,, declared quarterly dividend of 121/, cents. House passes Connolly Oil Bills and sends measure to President. for sig- nature.

ilrokerl loans in New York in week

regular

ended Feb. 20, totalled $000,000,000 decrzase $28,000,000 from previous “"011 .

New York Federal Reserve Bank rain) for week lfeli 20 was 75 8 ag- ainst 753 in prcv,us week and 51.7 in like 103i periiti, system 723 ag- ainst 72 1 and (55.1 respectively. National Biscuit Cu ywrr 103-1 act income equal 5 " a common share against $2.11 a common share in previous.

Fret-port Texas Co and wholly own- cd subs year 193-1 net laconic equal to $1.70 s share on average common airlines outstanding during year ag- ainst $3 1i a share ln 1031i. f Federal Judge C. Gnuhb in Birming- hnur grants permanent injunction to Alabama Power Co preferred stock holders nullifying contract between Company and '1‘. V. A. for solo of its transmission lines and distribution ' plants, injunction prohibits 14 Ala- bama m lcipalitics from accepting or using l‘ A triads to_ build ruunicipal plants to compote wilt-h pr-ivate com- panies Judge (iruhb in his opinion says Government has no right to con- duct business in compctirion with private industry.

High Low Last 0ft

no lad 105.41 104 2s 1oz so o 11 :0 lliiilS 20o 324s 32.57 02o 4o swat one .01

Iligh Low Last Up 2o um 10.015 1am rose ooo

Dow Jones

.MARKEZ‘___

cosslr -

BAH-DIG LITTIB Thursday Evening

NEW YORK. N. 1., Fab. ZIP-Wheat closed 1,5 cent higher and Corn a frac- tion lower. As repeatedly stated they should show s good sdvsaes begin- ning about the and of next week Cotton closed slightly lower and issr advices ho

Stocks did very little today and may remain inactive for a few days longer, but there is no change la my view that a considerable advance will stunt very early in Marsh and con- tinue ti or 8 weeks.

The Utilities all rallied and closed fractlonally higher. Holden of them should not sacrifice them at these low levels liven if they should go another point lower, the soup is never eaten as hot as it ls served and they are not going to be wiped out en- tirely, The best of them, in my opin- ion, are sell Amn. Gas and Electric, North American and Cons, Gas. .Phililps llorrls closed 1A higher and purchases around 39 will show very satisfactory profits before long. Fairbanks Morse reacted to ‘.33 clos- iag at 2i if not already long around 18, buy some if it reacts near 22. South Porto Rico Sugar may be bought around 23, Central Aguirre around 24. Col. Carbon gained over 2 points and my recent prediction of 90 still holds goods, but don't buy on

bulges.

Otberrvistl there is no change from recent letter and aruur; on just below today's low prices the stocks recommended yesterday can be bought if. not uir-aaly long lower down.

Baring BANON

MONTREAL, Que. Feb. 23——Utility shares, now in an oversold condition. should receive bullish stimlus from yesterday's decision banded dowa by n United States Court saying that the Tennessee Valley authority was with- out legai authority to dispose of survplus power generated at hydro- electric plants on the Tennessee liiver_ The Court also made an ia- junction restraining 14 North Ala- bama cities and towns from negotia- tion loans with the Public Works Administration for the purpose oi’ building municipal electric systems. Stocks which should lead any rally which may develop include, North American, Am. Waterworks and Cons. Gas of New York.

In the face of a mildly reactionary tone in the gold shares yesterday, Can. lfalartic. an attractive property with a promising outlook managed to move up vigorously and close higher on the day. The issue was act-

N. Y. Stock, Exchange

. i

(Quotations furnished my Johnston and Ward members of the, Mont real Stock Exchange, Mont-res

Curb Market, 156 Richmond Street Charlottetown). '

rn A ... Bea Aviation

ll Can Dry Gin Can Pac

Chrysler hint Columb Carb . Col Fuel Iron Colum Gas Com Sol Con Gas

Del lid III t . ill 1 Ilupont Eastman Kodak ... lallec Auto Lite Co Eiee Pow Light Erie . First Natl Stores