Arm. 21. 1932

CYESLMTTERDA Yo? s rock

»-.<»e»i+l-i.~ ',

rna czualzaorrsrovm GUARDIAN

MARKET c0311».

Jghli L. Conley, Associated Press irlngltiillil Writer.)

.. 1 '()iiK N. Y. April 20.—Rails abgtdxalollfi’ on ho upgrade in the ‘E05, market toil y. slain bucking {no trend of industrlnls and utilit-

l" u l ti r- '|knell was sti . I080 '0. s

‘Fvltnem pflnclpllly hal‘! a dozen pro-

nmnt Issues. but. the persistent pres- mc. of liquidation in such stocks as lirlucrlrnn Telephone, American Con ‘nil U. S. Steel,» doubtless acted as a In“ an whatever encouragement was u, ha derived from gairavin the car- riers. Nevertheless, late short" cover- an“ reduced losses in most instances, n». iluit on the whole the session bore

marked resenflllanca to- yesterdays.

Active rnlls t their bestaverp 1 to nnlnin higher, Union Pacific shun-lug inn ianxhuunl advance and holding giro-thirds of it, Santa Fe, up 2x1 net. nutshell ‘near the top. Northern Pacif- n, {vow oYrk Central. Baltimore and

i

the extant of one-halt to one point.

American Telephone, unable to polio its head above Tuesday's close, sold down to 04% and recovered tn 08%. off 93. U. 8. Steel touched 20%, elus- lnl at 20% off M. American Can weakened more than 2 points to 4814. Wall Street is ready wondering whether the company will declare sn extra dlviilend this year, basing it! scepticism on a belief that smaller Packs»! fruit sud vegetables are bound to affect Cam's business.

Mr Reduction. Allied Chemical, Case nlld Du Pout foulld support rather feeble. Preferred issues refused t0 fol- low the steadier bond market; weak- ness was especially apparent in U. S. Steels‘ senior equity, which broke more than ii points to ill. Volumovtor the day totalled 080,150 _shures.

“‘lli\'l‘ TllE STOCK MARKET.‘ DID

_ Wed. Tue. hurnber of advances 101 04

ohm. pennnyp-nnla, southern pnc. Number ofilecliaea . 198 i102 m, rhespoake and Ohio, New Haven F1001"! 110011008911 11R l-‘iil suil Northern Pacific were gainers to oTtal issues traded . 521 532 k?

New Ywk Miscellenous

Stock Marketl

ii

MONTREAL, April ‘Mir-Barley, Cnn. sdian western no 3 53; oats Canadian

Montreal Market

. Silieiights

MONTREAL, April 20.-—'l‘ho local lnnrlrefcoutinued highly irregular 1o- day with volume. however, showing a considerable expansion over Tnr-siluys very small total. The luarkr-t. contin- ued sensitive to the treuil of trailing in New York, where ruils were fairly ilrln. hilt tho bnhince of iho liar, ruleil comparatively dull. On lilo lot-u lnnr- ltet. the softness in the cclucnt is~ sues, particularly tho preferred which

of 48, was a fenlure. The i-onlmon sold at 4. of ‘Vi. nlso n new low, 0f the lnorc nctivir features, Ilrazlllun was n steady performer and lnuuageil to i-nii frncilonnlly hlgiler. Nicki-l on the oili- er hand, eased a small fraction to 0%. Al», the close of trading not lnsscs and gains were alm0si:_ evenly ilistrih. utcd, hut the index, in closing .07 lower. established il new low level for several years at 20.14.

gooil example I-t the spread be- twcvn the market ~'ue of a security and whaf, would sccnfto be closer tn the real value may liq, found intng A stock of Bathurst Power and Paper, n board lot of which sold at $3 today on the local market. The company has no hank loans, etc, nni.l net cilrrcut assets of 2,100,000 which is equal ub- proxilnatoly to $2 per share is in cash nnil government and municipal bonds. If one takes the $3 share at n-hii-li

dropped six points to a new low level‘

I I Quotations * ' western no 3 39; oats feed no 1 88;

" flour spring wheat patents tlrsts 5.10: flour seconds J50; flour bakers 4.40; flour vflnter wheat patents choice 2.00-3.00: flour, white torn 4.50: bran

Sh...“ lllighlhowlqose’ ton 24.25; shorts ton 25.25: luidilllugs 111001116 development which cost $1.- nl chem ... ... ,.. 501,1. 077 58V; ton 20.25; rolled oats bug U0 pound "00-9119 ""11 111B timber limits, which .... trail . 45% 4o . 4a" 2.55; hay no 2 per ton_ cur lulB 10.00; ""- etfliw w be among the mos, viii- g s lllg . 9% > b cheese current 101/..- ciiesse- summer “lime l" Ci"""1" ""11 £0 estimated to am 'l'o.i Tel . . 00%| "-1.4 08% 10%: butter no 1 finest 10; eggs fresh 000101" 121100.000 col-us of wood, 1m M, miner . 55g .14 is specials in Clifton! 24-25; eizcs fresh semi-thins in the way of n bonus and Annular. _.. . 60% 44% 45 extras in cartons ‘Li ; eggs fresh "i" ""111 "iiythlng. In other words,

_ 39% firsts in cartons 21- _, pntainng, new there is an estimated $20,000,000 Wfllill

_ 9% no 1 Florida 150 1b, 1.1,] gmppnp; p0. of assets ovcr nllil above the amount

, 13 tntoes new no 2 Florida 150 pound bbl, Yellfvflcntcd by the A and B stock enn-

p. 7.00; potatoes old Que. xvhltcs 80 lb. 13% bag 3040: potatoes old Que. and N l; 94% Green lilountains 80 lb, bag.

9%

SUGAR

flurilss ‘V 1'1 l liupollt ... (ii-n Iilrc ... lien Foods ... -

liners showing: continued interest at 01 for nearby duty frees. Sales at

NEW YORK. N. Y., April 20,._1‘.nw sugsr was unchanged today n-m. [g-

the A stock sold yesterday. For thu two elasess of stock it would equal exactly the amount of the not current asses. 821011.000, thus legving tho Papri- Mill, which cost $8,000m00; the llydro

itniizntlon combined.

illONTllEAL, April 2o. my the cu... nilinn Pressy-Tlle general list again turned easier today on the Jilontreai stock exchange, several new 1032 lows being recorded in more active trading than seen recently. The intcrlistcil is- 91105- hllllewl‘. were firm to fractional- ly higher.

Canada Cement issues came in for

ear.‘ lower at 10% ccnfs with summer make remaining steady at 12 to 12% ei-uiil a pound. Receipts were 200 box- ('31.

The potato market glled unchang- 1- "W! no 1 Fiorilias 150 bound not lnlrrel, being quoted at $8.50 to u-uh no 2 brand at 81. Quotations of "'1! potatoes in broken lois per 80 [mlillil but: were fifl to,.40 cents for Quebec u-hltes and 40 to 4.1 cents for

eallnil on to supply 150,000,000 bushels probably, says the Bureau llerleiv, a- bout 75,000,000 bushels from each country.

in the winter wheat belt», of tho Unit-

ell Slates have tho eyes of the grain

trade fncussoil on tho situation here.

With early reports of_n ernp 42 per

cont bclolv tho 103i yield, wcallierl conditions over that production area

in the next few weeks will» have an

important effect, upon tho world sit-

nation.

Qllelwc and New Brunswick green mountains. Cariot prices of old potat- "cs were ten rents n bag cheaper than ihc broken ]ot levels.

-___‘

M

Department of

And Highways

PROVINCE OF PRINCE EDWARD

TENDERS FOR CLEARING RUINS AT PRINCE OF WALES COLLEGE

SEALED TENDERS will be received at this office until noon on Saturday, April 30th, from any person or persona willing to contract for the clear" l?! 0f the ruins at Prince of Wales College. Speci- fications may be soon at the office of theDepart-

ment of Public Works.

The lowest or any tender not necessarily

L'. B. MACMILLAN.

llocepted.

With spring sowing ‘started in the Dominion, soil conditions, generally, are reported favorable.

Public Works

i€'...".ND

2000 B Missouri .... 051,’. 051,1 0.11/4 120 l! A Oll ,.. - D10 910 D10 T00 (tajigary 1R] 1R 1R 2H (l-ilosenrch , . I 0.1] it‘. 05 fiillfi-Cnppcr . . 100 100i 11K! fdiillfinniaruln ... ., 2n‘ '_ 28 207.’: Eldornlll) ... e Ill?» 101i 1l4 i300 ilonlifish ... - 0-1 03 0'1 100 liuilson Bay , . 17.1 11f» 175 5251111]! Oll ... 900 7R5 7R5 170 Nickel ... 050 0210 (L10 20R Int Pete ... ..| 1010 10in 1010 000|l\'lrir Illld ... . 5o iill i1} ltiflilfllliiclioutl ,. oi 03-h 01h noon Nordou r. 0-’ 01% "4 .1000 Pen cPto ... . 02% 02M 027's 2i00|Vcnlures ... ..| 31 30] {l0 Cum...“ 1001301110 s .......l 04 iii 0-1 1000 Brownies ... . 01% 011/; 0114 non (lent Pat .. olwifliw 04% Ilillillllonl iixpl 05] 04V; 011/; iillil0lllliltop l ‘hi Ml ‘l’. ‘lflfliilKirk Town 0R 091i 0s 11000 lllbazu ... 0i Oil 0i 2000 llltcllis ... - 01% 01% 01%

l7l0lSiscou lilfllfiiadaconil riioist Anthony .l Jfillflfhflvlvunlto . 4000 'i‘ilsholn ...| J20?» 'l't‘('l(lllll!llt‘.\l . .] fill) I 'l‘\vnagn lllilc . 1 10il]'l‘renil\veil . , lililillvlponil 311i J0 02UlWrlirhtilar . 23S] fiiiil] Total sales 140,000 shares.

IINLISTED

NEW YORK, April Ill-Foreign exchange firm. Great Ilrltsln 0.70%. ri-aiii-e slum stair an. Ilellllllm

11.021,“ (‘ierrnlhy 28.10: (‘snails 00.00

Take It Easy Fold clothes carefully before put-

. Deputy Minister of Public Works and nishwflve- Charlottetown, P. E. i.,

ting them through the wringer. If put through in bunches the clothes are apt to be torn and the strain

Arri|2o,_19a2. - _ . E \ ..ii

' 11354-317‘!

on the wrlnger soon tells on the springs, frequently causing break-

Montreal Stock Market Quotations

(‘vliiui-si- (‘bill ... Vol-k Plow ,,,

F0 reign Exchange

i-bungo in relation to

of Canada. closed tutiuy as follows: Argentina peso ... Australia pound .. , Austria schilling not quot Belgium belgu . llruzi], milreis ... . liuigilria lev not quoted China lloug Kong dollars not q Czechoslovakia crown . .. Llcnnlnrk krone ... . Finland flnluarir _ ... . France franc ..l Germany reischmark . Great Britain pound _ Greece drnchnla _ liollnnil florln . llungnry pengo not quoted

indin rupee ...

oil to not us all offset. lloilrs‘ put

' stress on Kansas Cliygucssngos from

n lending crop expert that it would probably tnko two weeks to determine if tile llilrcb freere and recent llry ivcilthcr bud caused severe crop dam-

K0- Wheat cioscil unstable, lit-ff’. lower, tluln ycstcrilu_v's ilulsh, corn 00-159 don-u, outs ‘$113k off nnil provisions unchanged to live ccnis advance. _ _ WiNNIPI-ZG

WIBAIPEG ,Apl'll 20.—Laggnril ac- tion of overseas wheat purchasers and the urgo to take profits sent wheat prices into a fractional dot-lino iu tho grain pit today. Values at: tho close were Y. to M. lower for tho day.

lilay flushed M lower at llil; July '51. to 1y. lower at titi while October eased 1X. to close at 07%. Opening practically unchanged from iho previous close, trudo throughout lilo lllorillng session was cxiri-lueiy light. A flurry of selling around inid- session by trailers anxious to tilke profits caused a sight, dip iu prices which was niliicil to near lilo close when low levels were rcnebcil. Slight, improvement was noted in the demand for cash wheat and coarse grains but prices in theso commodit- ilil-shléhowed litlio change. Trailing was

g .

CLOSE

‘Alvheat-blay 031i; July 05; Oct 07%- Olkts-lilay Jill/nil, Jilly 3334A; Oct ‘oalgley-lilay 421,511; July 4215A; Oct

a: s.

CABII PRICES

Wheat-Na 1 haril 0710i; no 2 nor 50154 no 3 nor 60%; no 6 fill/ii no il 40; feed 44: track (i355; no 1 durum 88; no 2 tllifllllll 79%; no ii ilurunl 00; no 4 dur um 0 . '

0ats--No 2 e 1 712%.: no ) c w 30%: ex 1 feed 20%.; nu l food 28%.: no 2 feed 275$; valet-toil 24%; track 32%- BarIey-Nn fl o w 41%; no 4 c w 00% no ii o w 37%; no 0 c w 36%.; traclr £115.

IBDNIIEII IVIIEAI NEW YORK. April 20.—Bonded

wheat closed easier: liigh Low Close no tin-nu

any ... , _ no Jul

\AqlAl1s1.l A ,b|e

muinuialai; °‘ °‘ 0113i

biONTIlEALfAprll 20. (By the Can- aillau Freon-British and foreign ex- tbe Canadian iloliilr as compiled by the lloyill Bunk

nogea Mrs. W. P. Cameron has returned 0.0330

The Montreal Curb Market

l

i: .\l suii-lt ,. i new, i) _‘l r- . 1',’ llrrilil Dllr-xtnlff . .» . 40 m“, nrmge _ 3.5 ALBANY AND VICINIT! in xii-kin . 01,4 olgl ill‘. u l" o 4- ,, , ,, s i. I, n ..,‘,'W',.,. v _ l l 4n The many friends of Mrs. Ernest .\'.ii si if‘ . - I J0 nlu‘hvpi\0l'o‘ilgr m: m’ m Paynter. of Lower Bedeque. will be in... n-n ___ s.“ 7.,“ 7% pleased to hear she ls improving,

r! rc .. . . 1m 1.1V 1a w,“ ‘imecflnm . 24%|‘ 2% alter her recent serious illness.

relatives in Lower Bedaque.

Miss Helen McCsrvllle, Carleton, was a. recent visitor to Albany.

Miss Georgie Curtis, R.N., of Bos- ton, Mass, is visiting at her home in Albany, the guest of her parents, Mr. and Mrs. George Curtis.

home after spending a. few days in Sprlngton, with her mother, who is slowly improving. We hope she may soon be restored to her usual good health.

United Church of Canada, and was loved and respected by all imp know . him. He leaves to mourn iis loss a. wife and one child, also his father, Mr. Fred Lord, his mother having predeceased him some years ago. Also two sisters, Edith h Edlnorl- ton and a sister married in Calgary. Following is the standing of Searietown School for the month of |Marchz Grade X-1, Edith Sobey. Grade IX-l, Carmen Inwther; 2. lAshley Bartlett; 3, Ray Sobey. Grade VIII-l, Geordie Runcie; 2, ‘Arthur MacQuarrie; 3, James,l3art_ llett. Grade V-l, George Aflleck; 2, Isabel Runcie; 3, Margaret Hoop- er; Grade IV-l, Lorne Sobey; 2, John Runclc; 3, Georgie Noonan. Grade III (a)-—1, Albert DesRoche; 2, Ivan Noonan; 3, Albert Elliott. Grade III (b)—1, Lea Biackmore; 2, Leitb Blsckmore. Grade 11-1, Alexander Nicholson; ii, Claire Sob- ey; 3, Robert Noonan. Grade I-1, Jean Runcie; 2, Muriel Hooper; 3, Doris Bobey. Tencher~Mary E. McCsrdlc.

A lawyer whose name was Strange lay dying. and, by way of symlmihy s friend asked what he would like inscribed on his tombstone.

"Just put, ‘l-lere lies an honest lawyer," ssid he.

"But," said the friend, "that will not tell people who it is."

“Oh, yes," replied the lawyer. "many a passer-by will sayw-"rimtfs

#60001"!

...‘ ..

Miss Minnie Campbell, Freetown. is spending a. couple of weeks with

mvp BON

' Slacks High Lowiclose ' As llrciv mo 85 9g . llciiuburnois A

Stocks . lllllllLillljlchllileill .\ on n 3 ll .-\ l’ Paper ... "... 1% 1h l) l,‘ 513211111] 3% .\t Sugar lio . , $5,’? imperial till 8 ‘ll/s 8 i?“ ‘ilk-Ink. .. 81h’ hi7»; lit l'L-il‘<-l 101/. 12:4. t,‘ 'ii(‘ ,.. » ' ‘ -- 7 m u i‘ Piiwur a .' low lSI m. Moss .\ u... V‘ B: i.‘ t‘ Foundry - ... 4"Vil 13 13 Noranilil ll!

(I C linuuilry ... ... 41%| 41/.- "llél 1' l.i1 40- Pan (‘eulcnt , ... 41/; m 37s. shcrrlit . , ‘ 311,1; 35 ii-‘i iill iu-ui Pfd l I 4K sisi-oe Minus any. an uu illl Ill Al ... _ 811i 75 75 ‘fookillnrin-g _ 305] fiSfil 39R . viii. Pui: . . 1l1,~',.|| 1014';- \\'.'llli m.- l-ru 101 in] 1o

l

.1111“

U. M. W. Hold Heated Session

(By A. D. Merkel, Canadian Press Staff Writer.) '

NEW GLASGOW, N. 5., April 20—Wlth eight delegates on their feet, attempting uto address the chair, in the midst of a general uproar, the second day's sitting of the special United Mine Workers of American convention was ad- journed abruptly here yesterday afternoon by District President D. W. Morrison.

The specific purpose for which the convention had been called. that of discussing the situation that has arisen as a result of the repudiation by the membership of the wage decreases recommended by the Duncan Commission and endorsed by the bad yet to-be faced.

The proceedings were largely ta- ken up with a discussion as to whe- ther or not five members of the

- exwngnve, of Florence local,

When the convention assembled

in the morning

the first platter

considered had to do with the ad-

mission of representatives of the press. Following e. gene -' discus- sion, the question was ut to a vote with the result the‘. 113 voted for and 14 against.

A motion to approve ‘tc notice of meeting was next m i. lvltcic-| ey Young of Reserve i i movedl an amendment that ai ons be made to this notice. ’I‘l vhairman

ruled the amendment out of 1

cler. Angus "Blue" Mai pnald, ofuaney’ Victory local appealed against the;

ruling of the chair. 0n the motion

being put by Vice-President P. G. i

PAGE NINE

H T701v§

MISS JOIIANNA SHEA

Miss Johanna Shea, after an ill, ‘ ness that extended through a period

of only a few days. died at her .

home in Indian River on Thursday, April 14. She bad enjoyed health .for years, and her death was not anticipated.

Her funeral was held on Saturday morning to St. Mary's, Indian Riv- er, and the procession reached from The pail bearers were: Simon Wilbert De- Orvill Clarke, John T. Mur- plly, Edward Easier, Gcrvase McLel- ‘lan and Fred Tuplln. High Mass of Requiem was sung by the Pas-

lthe liome to the church.

M11159» 11 was declarcd 1°51" Angus ‘tor, Rev. Reginald blcDonalti, who

Blue thereupon demanded a roll call vote. This resulted in s. totnli of ‘l9 in support of the ruling of the chair and 57 against.

The motion of William G. Carey Sydney Mines,

that Dan Livingstone, Henry Ru-i dolph, G. Chabassol, Gus Higgins and Vic. Flcury, all members of,

.also performed the solemn Obse- quics. The choir rendered the chor- a1 part in o. manner fitting to the solemn event.

Numerous Mass intentions were placed upon the casket.

To mourn are left three sisters.

Mrs. A. M. Bent, Summerside; Miss Elnnla Shea, Boston, Mass,

and

Westville local of the Mine Workers ‘Mm’ Wm‘ Tobin’ Boston’ Mass‘

headed by Dan posed district president of the U. M. W., should be seated as frater- nal delegawi Bu; the highngms pointed out. that a. convention of o; the day were the nphopflng 0g 140 men had nothing to fear from President Morrison, in his capa- city as chairman of the meeting, by a roll cell vote, '19 to 57 and the intimation, Howard Tatterle of Sprlnghill, that unless the delegat business, he and those delegates who wished to carry on under the banner of the U. M. W. were pre- pared to withdrew and complete

Livingstone, de-

Iate in the day, by

got down to

- a delegation

Mm, workers Uninn 0g Qnnndn, Union of Canada be seated as fra- ternal delegates would considered.

In support of this motion it was

be next

of 5; that after all they were engaged in a common cause and that heard in the speech at least. Opponents of the motion includ- ing Thomas Kennedy, Internation- al Secretary-Treasurer, Arthur Pe- trie. Board Member Number One and Angus F. lilac-

they interests

should be of free

for District

The deceased was a daughter of the late Francis Shea and his wife Margaret Ellen coharan, the former having come from Ireland in the early historic days of Indian River. She was born in 1855 in the old homestead on the lrishtown Road, near the location of the Traditional Inn, still treasured in "nemory as “The Black House." Herc she lived. until about sixty years ago, when the family moved to Indian Iiver. Through her life she alainiuinrd a spirit of practical, sociable viaman- hood. She was most popular with ‘all her neighbors and friends, which

was but an adequate tccognition of

. . . but money invested in the short term Associated Baby Bonds

earns 8i/;95 initiallynThese 8% Eight

Year Gold Bonds (participating condi-

tionally to 10%) of Associated Gas and

Electric Corporation, s subsidiary of Associated Gas and Electric Company. combine attractive yield with bond safety.