norrcr: - ‘ro _ g MOTOR TRUOK OWNERS
_.i____
The Public Vehicle Act provides that no person shall carry qigengers for hire in a motor vehicle unless he holds a franchise lilo to do or unless (I) he is using a vehicle employed solely in taking workmen to and from work over a highway on which no adequate transportation is provided at reasonable times by a franchise holder over such highway, or (2) he is using a vehicle Qmplfiyed on charter to carry passengers on a picnic, outing_or similar gathering or to church sevices over o highway on which no adequate transportation is provided at reasonable times by a franchise holder over such highway.
lnsructions have been issued to the R. C. M. P. to prosecute offenders against this Act.
J. W. MocKINNON, Deputy Provincial Secretary.
WI NOTICE NORTH RlllER BRIDGE
IS UNDER REPAIR
NO TRUCKS OR BUSSES WILL BE ALLOWED TO OROSS TH'E BRIDGE. MOTOR CARS MAY CROSS AT OWNER'S RISK AT ‘PEN (I0) MILES PER HOUR.
R. G. WHITE, Deputy Minister of Public Works and Highways.
‘THE GUAZTDIAN, CHARLOTTETOWN
Business l Outlook
By Forbes Bhude (Canadian Press Business Editorl Canada and Britain both are world traders and this fact might be borne in mind in considering recent conferences between Sir Stafford Cripps and the Canadian Government.
The two countries do. and prob- ably always will. buy heavily (mm one another, but there need be no surprises when either turns else- where to do a bit of business. Britain, especially, is a super world trader — she became a great
power that way, trading to all corners of the earth. Canada. since the days of wooden ships. has done likewise out of all
proportion to her population. and it may be assumed that she will continue on that path.
It is not likely that either could be very great simply on a basis of supplying one anoher. Too-great concentration on trade between themselves might defeat its pur- pose and become a waning affair. -On the other hand if they. along with other countries. can build a prosperity out of a wider trading. there will be that much more pos- sibility of a healthy trade between themselves.
Trade Vital
This is not to say that tade be- tween Canada and Britain, with the United States added, is not. of supreme importance to thern. in the present world set-up.
Sir Stafford, for one. stresses the necessity of maintaining the “greatest possible" trade between them (whatever "greatest pos- sible" means), and adds that prob- lems surrounding their economic and financial relationships can be ironed out if they are tackled jointly and co-operatlvely.
This probably is what the meet- ings in Ottawa have been trying to do, as will many more meetings over the coming months and years. Another object is to determine just what markets can be depended upon in either country.
For, undoubtedly. any time there is a diversion of trade, some one in Canada or Britain will be un- cmnfortable for a while, end the longer in advance he knows of
For Your Year Around
Poultry Market
A. P. OALLANT South Rustloo
Will i» Opening His Poultry Killing Plant MONDAY, SEPTEMBER 27th BUYING LIVE on DRESSED POULTRY Buying Every Day—Paying Highest Prices.
A truck will pick up poultry anywhere, any time. .
Write or phone,
A. P. GALLANT
what is coming. the sooner he can make his future arrangements. With tihings a; they are, ltseems unlikely that there will be any tremendous upset in British-Can- adian trade for some time, though there will be adjustments.
Trade Unbalanced
Another factor. often emphasized.
but whose full implications are sometimes overlooked. is that trade is out of balance between
world. and that the only
continue to sell abroad is to give
close to giving things away. even when done for a purpose and with self-interest. and obviously continue indefinitely. European countries up a prosperity which would
North America. They hoped. build it up bv trade among themselves. This may or may lessening of trade
smoothly the newer
continued. A third factor in
North America and the resit of the way North America has been able to
the rest of the world the money with which to buy. This is pretty
can‘t
can't build cure this by just dealing Individually with may. it is developing
not. ‘mean a with North America. That will depend on how world ‘rode can be developed at the same time that trade with his hemisphere ls
the Ottawa
New York Stocks Edge Upward After Mondays Beeline
(By Rader Winget)
NEW YORK. Sept. 26- (AP)- Stocks dug in their heels last week_ and held firmly against a severe selling wave that forced the mar- ket down to the lowest point in five months.
The blow hit Monday. sending the volume of trading to 1,260,063 shares, and from then on in the market inched upward in some of the dullesit sessions seen in Wall Street in months.
Renewed selling tracted by the decline although industrial and rail issues were standing at or below their August low points.
The Associated Press average of 60 stocks stood at 67.5 Friday and at 87.8 a week ago. a net loss of only .3 of a point on the week.
Volume generated by the Mon- day decline pushed transactions for the wek to 4,131,011 shares. the highest level since the final week of July. as against 3,351,550 the previous week.
Brokers were particularly happy about the volume of business, Their earnings come from com- missions on buiing and selling se- _ curlties and those figures were slim for weeks. While they are no-t, exactly facing destitution, a 1,000,- l OOO-share-day by rule of thumb is looked upon as the break-even point for many brokerage houses. The tense diplomatic game played between the Russians and the Western Powers over the fu- ture of Germany was watched in Wall Street for a show-down that would push the market out of its present rut. in either dlreortion. Some settlement was anticipated last. week-end by some market observers, and they laid the Mon- day decline to disappointment that nothing decisive developed. There- after the market was practically taken over by floor traders with the general public holding aloof.
Caution signs were put up all over and they also applied to the domestic economic situation. Some form of deflation is seen in the offing by a number of economists with the question only as when it‘ will take hold of the coun-try.
Two long planned blows agains-Ll inflation were struck by the Gov-l ernment last week. The treasury offered one-year certificates ati the new rate of 1 l-4 per cent. an‘ increase of 1-8 of one per cent.‘ from previous offerings, New re-l, strictions on making purchases Dill the instalmce-t plan were institut-l ed. Both moves were to curb‘ credit by making i-t expensive and difficult to borrow money.
was not at-
Winnipeg Grain
WINNIPEG. Sept. 26 -—iC'Pl—- Expanded hedging sales near the close of trade Saturday on the Winnipeg Grain Exchange brought about declines in all grains, Sup- port, aggressive in early stmes. thinned out towards the close as
constant attention from both in- dividuals and governments.
It has to think of the changes which may ccme in the next few years, the hoped-for recovery of Europe, including restoration of Germany to production; or the chaos WlITlClI will ensue if recovery is not accomplished.
In this Canada will have many
‘ shipper
PAGE THIRTEEN -—i—————===.—z
1"“
I1 If!"
trading turned extremely active in the last i5 minutes.
Demand from exporters gave barley a firm tone in early trade, while oats advanced on U. S. and buying. Offerings were light during the early stages but increased as the session proceeded.
Rye prices also showed a good tone in early trade as American interests came in on the buying side. However. prices here too fell off as hedging expanded towards the close,
Flax prices were slightly higher art the opening on routine buying orders, but closed unchanged ivhen hedging. crime in.
The only export business re- ported, 800,000 bushels of wheat were allocated to the United King- dom under the Canadian wheat agreement.
Cash two wheat remained un- f changed from Friday. l
. l
Cash prlces:-— . Oats: No 2 CW 74; ex 3 CW 72; 8 CW 7'1 1-2'. ex 1 feed 7ll; 1 feed 70; 2 feed 69; 3 feed 67; track 74. Barley: No 1 and 2 CW 6-row 7-8; 1 and 2 CW iI-row 1.10‘. i-B; 3 CW G-roiv 1.13 7-8; 1 feed i. 0 7-8: 3-8;" 2 1.07 7-8.
U. S. Steel Output Falls Behind Orders
TLIEVELAND, Sept. three more months to go in 1948. it is obvious that United States
_steel mills cannot begin to meet delivery promises on all 1948 steel,
‘ Plan Saturday Trading
2 feed 1.10 3-8; 3 feed 1.07 , and 3 CW yellow 1.10 7-8; |
26 —— With'
the magazine Steel reported today, ,
“Manufacturers using steel in their products can only hope that the 1949 situation will be
all of any real brightening of the
situation,“ thc trade journal saidf;
“When Jan. l. i949. rolls around, the mills Will be delivering steel promised by Nov. l or before in most cases, with some orders as
old as SBDIEIITIJCI‘ still unsiiipped,‘
These are promised delivery dates of course, and not the dates when orders were placed."
The magazine noted that steel production sill is at record levels.
a little; better, but there's no promise atl
the industry "actually lost ground‘ in the race between shipments and
new orders."
Steelmaking operations held steady last week at 96 per cent of capacity. i
U. S. Stock Markets
NEW YORK. Sept. Edi-The New York stock and cu-rb exchanges and other security markets throughout the United States will return to Saturday trading next week.
Saturday was the last of the sumrmer schedule, under which the New York and other exchanges dropped the short Saturday ses- sion for a five-day week during the summer months.
PRODUOE
MONTREAL, Sept. 26-— (CP)—' Produce prices quoted here Satur- day were reported by the Domin- ion Department of Agriculture as follows:
Eggs: Free cases, A large 68; med M: A puilets 42—-i3; B 44- 45; C 33-34.
Butter: Wholesale Que no 1 pas- teurized 68 1-2, Current receipts Que no l pasteurized 67 3-4; no 2 66 3-4; first grade crearnery print‘ job price 7O 1-2; solids 69. i
Cheese: Current receipts west- ern white 30-30 1-8; Quebec white i30, fob factory. Wholesale export‘ prices western white 30 13-16-31; i lQuebec white 30 lIi-16—Ill. Do-l lmestic prices western white 34d colored 35 1-2. No other pricesi established. i Potatoes: Que no 1 75 lbs new‘
l
1.25-1.50; no 2 75 lbs 1.00—1.'_’0I NB n0 1 '75 lbs 1.25-4.35.
CEASLESS LIGHTNING
At least 100 flashes of lightning occur some place on the earth every second,
CANADA Province of Prince Edward Island
IN TIIE PROBATE COURT The 17th day of September A.D. I948.
In Rc Estate of Margaret Machon. late of Murray Harbour iu Kings County in the said Pro-
true
talks is. of course. the European
recnve-y pmgranh A“ honey,“ dis, delicate problems. but she has her
half-continent of resources with
sun MUST us: CLEARED! n A Clearing Sale
FOUR YARDS OF I I I Lumber and Building Materials DEBERT MILITARY OAMP We still have a large stock which must be cleared! This MIXED SHORTS——l,500,000 Bd.-Ft.-—T 8i G, Boards Common, 2" Mixed-Per i000 Board Ft. 3" to 5" wide.—Per I000 Board Ft. . . . .. soak -1 , B . .- DS DRESSED 5000 d Ft I. BEAMS 8i POSTS-—Assorted Sizes. Per I000 Board Ft. .. .. 82,000 Lineal Ft-Lineal Foot .. complete with rarne WINDOWS-—9,000 ' F . wmoow SASH-BOO complete yiiii Glass. Size approx. 34 I-Z" x 35 I-2". Per Pair F Gloss. Size 34 l-2f' x 7l"-Each . . . . . . . . . I5‘ These materials are for sale in large or small quantitie Dealers welcome. I llALii-AX riiiiiiirio on.
SALVAOED FROM is your chance to save and prepare for winter. $5.00 TONGUE 8i GROOVE—-600.000 Bd. Ft.—- Miled Widths-Per I000 Board Ft. $36.00 STRAPPING, l-4 ROUND, Etc.- Upper and Lower Sash and Glass—Per Set .. . e $1 7' STORM WlNDOWS-HZOO complete with and ou ready for pick up now. Prices are F.O.B. Location DESERT, NOVA SCOTIA
W. R. AIKINS, Prop. -
Telephone H. E. RIPLEY, Sales Manager.
Debut I0
Last week the industry turned out more than 1.732.000 tons of
vince. Widow, deceased, testate. To the Sheriff of the County of
cllssioris are based on its continu- ance. Sn far a5 Canada is con- cerned it is sometimes misread as
which to deal with them.
raw stccl, but Steel observed that l King's (goumy o, any Constable m.
literate person within said County
something pouring a new flow of dollars into this country. It doesn't nrnvide a new flow-it simply per- mits the old flow. which was threatening to dry iin. to continue In general. no decision that can be made anywhere can lay down a blueprint wh'ch may he follow- ~l ivilhmit further ado. "I"ade will "Minna what it has always licen- iicfty with prnhlrms requirin"
FOR SALE
I946 _TON and HALF CHEVROLET TRUCK Steel Box, Heater Low Mileage.
An
TWO TECHNICAL LIBRARY
National Defence ht Ottawa.
out Canada.
MAURICE BLOCK 8i CO I58 Kent St.
NOTIC
. niitting, at 9 A.M there will be a power interruption
village of Tryon.
LIMITED
TNE PUBLIO SERVIOE OF OANADA
REQUIRES ADMINISTRATIVE OFFICER, Branch of the Post Office Department at Ottawa. Three BIOLOGISTS. up to $3.900. for the National Museum at Ottawa. A WILDLIFE OFFICER. SILOOO-SILGOO. for the Department of hliiics and Resources, Maritime Provinces. .-ISSIST.\NTS. $2.280 - $2,580. Department of National Health and Welfare at Ottawa. An AERIONAUTICAL SPECIFICATIONS CLERK. 31380-52280. l-‘INGERPRINT 5EARCIIERS, $1.680 - 51.980. and a FILM 'I‘E(‘ll.\'II‘lA‘.\'. Sl..'l80-$l,d8'.t, for
Poster annuiiiiccmciits giving full details are on display-rind nppll cation forms are obtainable-at. Post Offices, National Employment- Service Offices. and Offices of the Civil Service Commission through-
ClVll. SERVICE COMMISSION OF CANADA ‘ OTTAWA
On Wednesday and Thursday, September 29th and 30th, weather 0e?-
Borden transmission line affecting all consumers west of Bonshaw.
These interruptions which will continue until approximately 5 P.M. each
day are necessary in order to carry out with safety reconstruction work in the
MARITIME ELEOTRIO OOMPANY
GREETING:
WHEREAS upon reading the petition on file of Herbert Mac- Donald of Covehead in Queens County in the said province, I-‘armcr, the sole Executor of the Above named Estate, praying that citation may be issued for the purpose hereinafter sel furili: You are therefore hereby required to cite all persons interested in the siiiil Estate to be and appcar be- fore the Judge prcsciii. at a Pro- bate Court to bc liclil in the Court IIouse in Charlottetown in Queens
54200-541100, for the Financzal
for the l
Hf an". vIAr
0110C
McKlnnon Esq, Petitioner. And it is hereby ordered that a be forthwith published in some newspaper pub- lished in Charlottetown aforesaid in each week for at least four consecutive weeks from the, date hereof and that a. true copy l hereof be forthwith posted in the!
copy hereof
County. in the slid Province on Thusday the 21st day of October next coming, at the hour of elev- r-n o'clock forenoon of the same day to shew cause if any they can why the Accounts of the said Est- ate should not be passed and the Estate cioecd as prayed for in said petition and on motion of Malcolm Proctor for said
in the hall of the Court House in Georgetown in Kings County aforesaid. at or near the store of Lea and Mar-- Farlane in Murray Harbour in Kings County aforesaid, and at or near the Public Hall in Murray Harbour aforesaid, so that all pcr- sons interested in the eaid Estate as aforesaid may have due notice thereof.
WITNESS His Honour Harold Leonard Palmer, Judge of the said Probate Court at Charlottetown aforesaid, the day and year first above written.
By the Court.
iSgd.) E. MARGARET PALMER. Registrar.
ly, namely,
following public places respective- l (L53
unpa
In: eligible borrowers
TClBv-ZI
Trans
vou
Trans Canad a loan for Y0“ Rates among
n. a. aoGER 1 Plckatd Build“ Phqne 197$ , " 1' C ads Credit Loses u?’ _ v Erssiii-‘end, linno extra cozlléfiléa 3y a prominent Liifl
id loan balance is Insurance Comp!!!’-
niro
3, Credit can arrange d d quick]; No endorsers 06¢ 9
‘he IQWCSI, Seve
S. Branch Mano!"
g. 151 Gt- GW- 5'" Charlottetown
Q Life 33in? geiili, the
redil
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\ (oiiroii*"°"
WIYHFIIENDIY svirp
NOTICE OF REDEMPTION GOVERNMENT OF CANADA
8'/4% Refunding Loan lends
Dried November 15,1811
NOTICE is hereby given to all holders of outstanding
Dru November l5, i551
3V4 per cent Refunding Loan Bonds dated November ‘l5, I937, due November ‘l5, 195T, of ihe Govern- ment of Canada, that, pursuant to the provisions thereof, all the outstanding bonds of the said issue are hereby called for redemption and prior payment as on entirety on November I5, I948, at any Agency of the Bank of Canada, at the principal sum thereof upon surrender of said Bonds with the May i5, I949 and subsequent c ,. attached. interest on cill said Bonds shall cease to accrue from and after November
I5, I948. OTTAWA. THE GOVERNMENT OF CANADA Ilflllllilr I04! I]; BANK Of CANADA, Fiscal Iigeiils
m wci age
By .l. R. Williams l
the Department of,
l
NEEDLE
on the Charlottetown-
AN'
THREAD .'
we -'
that?‘
llllll/ GIMME A \\ n * BREAK HERE.’ 1 WA6N’T eioiki‘ TO A€~l< Eve-lav- eoov THAT I PASSED lF THEY HAD A
wiiv erases ere-r a2»! .
you COULUVE HELD yous HAND S OVER lT TlLL You Z eio-r HOME --WITH ARLJGTY MAILVOLJ _,-- PUNCHED FIVE ii HOLE?» TO FIX A LITTLE RIP.’ l
‘7-27 ‘JTQ-WILLIT-“Afi/ c-
V ll. I10 U I FIT. OII. con sou ev an stlvict. n6.
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