DECEMBER 23.1932

VQfltYGCI _ Stock Market

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pivotal New York Stocks

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Excgazvcs

(CnmuPan Press) MONTREAL, Def‘ 22—Britiah grid reign exchahge in relation to the nsdinn dollar as compiled by the Milli‘ linnk of (‘nnmin closed today umln ~

lusir

il-igiilm lvalgn .15

ilnilil rniifeis .0805.

Bulgaria lev not quoted.

(‘tins llong Kong fioiinrs .2473. (‘mhnsinrnkin crown .0311.

its.

ifl

iiorumu

Grrni llriinln poun- GEM“ drnrhmn .0007. Iirlnnd fiorin .4018. 014.

. nut] pmimi IL-ITSO. rvr _ krnnc .1080 inland riot! .1300.

ilmunnnin lcu .0071.

lull stvrling reversed its position

lowcn st $1..’i'.‘fli for rnhlns. uiiiun finilnl‘ hiiivovi-p ml- urrcii “G cunts to close at R cents T F. prr-millin of 113i Herc-mi), Tho pound svhlch hail uiiranred trlriiil" for the past few days. open- ilififi. i, ranching n high for the riny st 8.1.3.1112, and touching a hr for the session of 5.132141.

Th“ titillill‘ opcncd ‘uni-harmed at iii, mus.

GRAIN

lFnumllnn Press) ' iHNNirlcu, Ivor, 1'2- ~

I14 routs lt-

CLOSE in: ‘rt-e 409i; May m4; my 0 . ‘mil: rw Milli; May QIHA} July

"gllilcr: u.» 27li; my 2154A; July

(‘ASH PRICES

“Whit- .\'o 1 him! 40%: No l nor if -~ B nr n Nn .1 IIOI‘ a511,; f“ or : ‘ lllfl-rxnflfiliy! ‘C0 ‘z ‘- No 1 durum

,1 -w~'.~cw2ntz:unuca' Rf‘ 1 Mu ml: No 1 mu ma; Milan 151,4; llcjcctcd 131,4; Trsc

"'- linlting grndcn fl-row er it row cx 3 f‘ ll’ 20%: (lihcn

. _ ‘\\' In’! No 4 i‘ \V 221/31 WW“ 1 x0 o c w roll: Track “Labor-no, Dec. M»(Canadisn JV"! little export businrns myth on the grnln exchange here "m! n hnlirlny spirit resulted in "if" qnlotn as in selling. The rvimunl-il Iicrily nml for tho futures closing

-__-_.—-...___—

PRODUCE

_ (Canadian Proust |I£\T“"3-\i-. llcc. fk-lrrcgulnrlti’ mg! was lhc lone price mo ement ¢ r Drciuce and dnjr-y mark: here

lrllOuiurlo graded eggs in cur- h f" were slightly lower, 1-!- ohimy: firm at 34 to 8i! routs.

ll a ,, ""01! or less no ‘l finest grass

g "" fluotrrl unchanged nt .- 0kg“: fl nnuml with early west. . . cents. Receipts were l3‘!

l’ "I Christmas turkeys _ m. H iulcss firm at 11 cents em, ‘ iohnaenrtosr fsr‘)! grade and uolted at e n; , are co ore at a I nmkoozllttlioulflQoOl;fi|lrl:°n?qgi,

$900101! were 33 boxes I . m,','g;";:§hs?:le.dmsc so cfintl i . h“ lreen mountain fro» an‘; i 'I» and sum m- Prince nu-

Amcr Cyan I Amer Sup Power .__ ... ... As G sud El ...

foreign exchanges today closing ,

k carts to remove , rubbishflrhc odds-and-ends Sh! had "Wm “d ‘Wk 0"" 0“ “"0" many trv-nslerred more than $10-- stored up included:-

Twcnty boxes of clothes, some oi which had not been worn for thirty years:

THE_...C§.AR_I‘_Q'.U_E_'I:QW_N_g AEPIAN _

ozvos, QUO T5 TIFONS

1V’ Y’ flRéception

(hasdha Press)

an! u- w" c".-

(‘an Marconi 2%

0%

Nisg St. Oil Ind

, MINING

(Canadian Ireaa) TORONTO, Dec. fl- Stocks Acme Oll ... ... ... -

Ajax Oll .. .... .. .... ...

Homestead . -. . .. Ilowcy . . . . . . . .. ... . Kirk Luke . . Kirk Pre Kootcnny .. Luke Shore him-anon .. Mulnriic Mun linsin hfi-lnlyrc . .\ll‘l‘lilliil . . . Mining (‘orp .. “use hllncs .. Ncwllrc . Niplssiilg Nnruniln Nor-til (‘an . Old (‘ninny Olga Oil . Pros Air . Sun Anionic . Silrnin Shcrritt Siscoe .. .. . . Stnilncnnn Sylvnnitc Tnshotil .. .. Took llughivs ’l‘h0lns (‘nil . Vnrullni \\'rl|:ht. llnr Sliver . Titul sales 328,000. UNLISTED

Bnltnc ... H llissourl Con lilun . C-liesenrrh Coniunrum Fmst (‘i-cat Elrlnrnlln . Ilnilsnn Buy Nirkcl .. Kink IIlllI ... bluntly Noriion .. lK-Oroille Pen Pete Ventures

ltihngo .. ..

‘l0 t. _ "MT’L"”” CURB K_ Dec. 22-ic.r.>/'tne 0

(Canadian Press) B. A. Oll ... llenuhnrnols .. ...

nun Oil .. lulp Tob ... ... .

Woman Who Never

Threw Things Away

TWO CARTIDADS OF ODDS- AND-ENDS 1N S ROOMS

LONDON, Dec. 22—'.i.‘here is a

woman living in a back meet in Stepney who has occupied the same three rooms for rift! r001‘!-

And during all that time she has never thrown a thing away.

She was not have parted with anything even now if her posses- sions had not become so numerous that they overflowed into the yard and street, and so attracted the at- enticn of the local authority.

It took seven dustmen with two superfluous

her

Five boxm of old boots and shoes

Three hundred empty tins. winch had contained every kind oi food ever canned;

More than a hundrcdweight of

broken crockery: A hundred and twenty-two odd woollen stockings.

N01.‘ ALL RUBBISH

Nearly everything was carefully wrapped in brown reinv- 11w M0!- lngs were not only packed in bliss. but each stocking had also an in- dividual wrapping.

There isa note of tragedy in the story, for thc accumulation was not all rubbish, much of it would have been valuable had it becn M00001!’

taken care of. The woman is of Polish extrac-

. um, and among her "treasures" were} national costume made more than eighty years ago with the col- ours unfsded, and old Polish 801W]!- but they fell to pieces at a touch- ‘Ihe crockery, too, included 111l- lnents of Polish ware of great in- terest, but it was beyond Willi!’-

Another queer find was short-

mm mounm” band notebooks ti»: IUmln had. ~ i" "use when a girl.

And Concert

A very delightful holiday recep-

1-1/5 tion and concert program was held

last night in K. of C. Hall when the St. Zita Club was hostess to

d? their many friends of the C. W. L. my, with Rt, Rev. Monsignor Maurice fill-Li

MacDonald, Rev. A. J. Maclntyre land Mrs. F. J. Casey guests of hon- or. Tbe hall was nicely decorated with a beautiful Christmas tree, glowing with lights and trimmings and well laden with gifts as the centre of attraction. The following program was announced by the President oi Bt. Zita’s Club, Miss Alice Gallant:

Opening Chorus—Sllent Night. Vocal Duet-lvlisses Stella and

" Regina Gallant.

Dialogue-Misses Florence Arsen- ault and Alice Peters.

Vocal Solo-Miss Gertie Gallant.

Comedy Duet-Miss Alice Gallant and Mrs. Myers,

Recitation-Mrs. Minnie Myers.

Vocal Trio-Misses Stella, Regina

’ _ and Gertie Gallantt

step Dance-Miss Della Arsen- ault. Each number of the program was

'-,_. admirably executed and reflected l

great credit on the officers who sr- ranged it and. displayed e. remark- able degree of talent among this splendid group oi young indies. At the conclusion oi the program Santa Claus in the’ person of Mrs. Minnie Myers, who not only looked

' the part, but acted it to perfection,

winning the warm applause of all present, arrived on the scene and ‘distributed the gifts, beginning with one to Monsignor MacDonald from the. St. Zita Club, whose sincere

Casey, President of the local C. W. L., was also presented a. lovely gift by the Club in recognition cf her unfailing interest and devotion to them. Then the girls all wercpre- sented gifts by Santa with a merry joke and quip for each. Stockings of candy were passed to each guest and a large box of chocolates, the gift of Father Msclntyre to the Club, was passed around.

Short addresses oi appreciation of the splendid entertainment and cf the Club and its good work were made by Monsignor MacDonald, Father Maclntyre, Mrs. W. J. Mac- Intyre, National President of the Catholic Women's League oi Can- ada and Mrs. F. J. Casey.

The program was brought to an end by all singing the National An’- them after which with _all good wishes for a Happy Christmas and Blessed New Year to one and all, the lllrftrlllfyf party dispersed.

LLOYD GEORGE (continued from Page 1)

mood today, the little‘ Welshman referred to the passages in the House of Lords. It was a new thing, he said, when the Lords threatened members of the com- mons.

"I beg to say," Lloyd George continued, "that if partial disclos- ure is given again I shall without any hesitation take the responsibil- ity of publishing the whole trans- action." Others would be sent to jail with him, he held.

Prime Minister Ramsay Mac- Donald also came in for hot words from the war time premier. Re- calling that Mr. MacDonald ab- sented himself from the commons during a recent debate on unem- ployment on the plea of indisposl- tion, Lloyd George added:

"Ho was able to travel to-Lossic-

pioyment on the very night that the House was debating the ques- tion."

Net Operating Revenue C. N. R.

MONTREAL, Dec. 53~The net operating reven of the Canadian National Railways for the month of November, i932, amounted t0 l1,- 038,68l, gross revenues having to- talled 811,742,329 and operating ex- penses $l0,'i03,’l47,_ according to the official statement issued here to- day.

The operating expenses of the railway during the month were $2,- 002,103 below those for November, m1. For the eleven months of this year operating expenses were I122,- 901086, a reduction of $83,373,539 from the 103i figures.

Gross revenues for the month of November were 03,546,004 below 1931 and for the eleven months were $133,150,300, or $30,106,363 un- der those of last year.

The net revenue of the Canadian National Railways during the elev- en months of i082 amounts to $10.- 164,l70, an increase of 83,072,111 over the net for the same period of 193i

,i\'Y:W-1( - ..

friend hc has ever been. Mrs. F’. J."

liner-rat, Q-Jjsnlq. i we yr?

"The “Bantbino”? And Good Beer

i

(By Edward s. mu, Associated l Press Sports Writer) i NEW YORK, Dec. 22—(Assoc- iated Pressl-Let good legal beer flow through the spigot-s and Mr. George Herman Ruth. the base- ball man, will ask nothing more from the United States in gener- al in the way of a Chirstmes prc- I sent. I , The Babe, all off-season m‘ pounds of him, has not developedl any sudden thirst in the past few days. With the Babe it's strictly a baseball problem.

"Ho, ho," he roared today in the ofllcc of Artie McGoverrrs gym- nasium for the over-weight and under-muscled, “just give Colonel Jake Ruppcrt the right to make good beer again and I'll have no trouble signing any contract with the Yankees for 1933."

In a way, it's the Babes large manner of making jokes, but as baseball's greatest hitter digs his way through the annual seasonal problem of signing and mailing over 1,000 Christmas cards, there‘: more than a. little shrewd fore- sight mixed with his hearty clown- 111g.

Facing the Bombino is his an- nual problcm of negotiating a con- tract for 1933 comparable with thc $75,000 document he negotiated with the Colonel in 1932. Before the Colonel are two problems. signing Ruth for the Yankees on one handi and providing beer for a good part of the metropolis on the other, always provided that the lawmakers make the latter move possible.

“The Colonel would be so tick-

led," Ruth chuckled, "he's never even heard how much I was ask- ing." The Babe said llc had no idea now what he tilought his 39-year- old presence should be worth to the Yankees in right field next next season.

LIBEL SUIT

(Continued from Page l)

The Sun Life President volun- $9,3'i5,000 his company was credit- ed with making to Insull Utilities Investments Inc. in 1929. It was not really a loan, he said, as no money had changed hands. The Bun Life had 25,000 shares of stock in the Commonwealth Edison Com- pany which Samuel Insull offered to buy at $375 a share. TIIIEICDPC“; sented a profit of more than $6,? 000,000 to the company and, as ln-i

. sull was unable to pay at the time, he W” 81"" 01° 50"" °“ 0“ lel‘ Mr. Macaulay told oi the visit problems concerned probably will security of his note and other col- of Samuel 1mm“ o; gmmgo w bc handed on to the next admin- Lat" ‘he Puichase Pr!” Montreal when the sale of Com- 150F000" l" much

lateral. was paid in full. At one stage of I-larpclfs evid-

he startled the

a crook 25 years ago and he is a lbigger crook today."

The ya cuticn is based on statements , ' ‘ in Harpelrs magazine "The Journal of Com- merce," and in his book "Industry, Commerce and Finance."

Distriblltllm 01 the 855005 0i ti"? chase of 127,000 preferred shares of

Bun Life as between Canada and other countries was the subject of questions directed to E. A. Mac- ,nutt, treasurer of the company, by iCallxte Connicr, defence counsel. In 1931, lilLr. Macnutt said the com-

000,000 in cash from the United States to Canada. This reduced credit balances in United States banks. At the ssmc time they in- creased their holdings in Canadian government bonds, provincial and federal by more than $20,000,000 and much of the money transferred was used in this way.

Hawaii's complaint about his ev- idence and repeated attempts of ,defence counsel to question wit-

relevant drew from the judge the warning his rulings must be re- spected or he would regretfully “have to take stern measures.” Ernest Bertrand, K. C., crown prosecutor, at one stage suggested ’ ‘ counsel were bordering on contempt of court.

One witness whose evidence was brief was Mitchell P‘. Hepburn, M. P. for Elgin West and leader of the Ontario Liberal party. He said he had been a member of thc House of Commons committee on banking when a Sun Life bill deal- ing with sn increase in thc capital stock of thc oompsy was under consideration. Aime Geoffrion, counsel for Mr. Macaulay. objected to efldence of proceedings before the committee and was sustained

ncsses about matters considered ir- '

TENDERS

Tenders will be ‘received by the undersigned up to and including December 28th 1932 for TWO AUTOS (con- fiscated under the Prohibi- tion Act) as listed below:

1 Standard 8 Sedan 1932

Model 1 Chrysler 4 Coach,-65 Model

The former may be in- spected at the Central Gar- age, and the. latter at the Agricultural Hall, City.

A certified cheque for 10% must accompany each tender.

The highest or any Tender not necessarily accepted.

By order of

P R 0 H I B I T I 0 N COMMISSION Charlottetown, P. E. I. Dec. 20th, 1932.

_ 755-l!-51-weE-!ri-!ue.-!i

SIIMMERSIIIE

and Prince County

—SPECIAL OPENING skate on Christmas eve at 8 pm. in Ken- slngion Rink. Admission 25 and l5 cents. Season tickets not accepted. Regular skate on Monday, Decem- ber 26ih. 7303-12-23-21

Has The Real Christmas Spirit

GLACE BAY, N. 5., Dec. 22.- (C.P.)-Tv.'cilty-flvc years ago John Drcgatls crime to Girlie Bay from his native home in CIFCCCC. For fivc years he worked in Caledonia Col- liery, and to this day holds the load- ing record of 36 hoses in one shift. Then lic took his savings and start- cd a grocery business nom- Bouti- lier's Corner at Caledonia. Finally a new street was named after ilim-

Today John Dregzitis gave Cale- donia a Christmas present of $38,- 108. He notified all retail customi- srs that their bills to date are writ- ten oil’ his books. All, he said, were “good debts," owed by honest and reliable people.

"I know they are holiest men," said Drcgzitis. "I worked with them in thc mine. ‘They have now limo work and not much money. and they have for o. long time dealt with me. When times were 800d 0nd

teered full details about the loan of W014‘ plcmy" mes” peome always‘

paid me. Now it is coming Cilrist- mas, work is scarce and so is mon- ey and men and women are wor- ried. I know if iimcs were good all those bills on my books would b0 paid. I am going to try and minke

1t a little pasieir iorstllssc P0001002.

telling them 011801100! they owe me nothing. sci yiwlllirot have ib worry

lat Christmas ovcr whit they 0W0

John Dregatis."

monwealth Edison stock which yielded a profit 0f $0,000.00‘) W55

eucc he asked Chief Justice B. A. negotiamih He 3am B, m- a; h, tion that the E. Greenshields for a "word." Then mum ,eca11 m, mention w” men with an examination of the war courtroom with made o; the syndicate whlch w“ debt and related problems, with- i‘ the declaration "Mr. Macaulay was later formed to underwme me new out pledging the next administra-

stock issues of the Middle West Securities Company of which he became a member.

“You have told us the profit you “u” an" Match 4- it which

made on this tronshction," said Mr. Cormier. "Will you now tell us

|how much you lost on the pm“ to accecd to the chief executive's

the Middle West Utilities Com- pany?" .

This question was ruled irrele- vant and no loss on this security had been set out in the Lcadings. Counsel was able, however, to ques- tion Mr. Macnutt about securities of the International Paper and Power Company as he had speci- fically mentioned them in his pleading. The Sun Life, Mr. Mac- nutt said, bought $500,000 interna- tional debent es for $481,795 which were later converted into preferred stock which was now selling in New York at 2v. to 22s. ’

"If they were sold today they would bring between $13,000 and $14,000," said Mr. Connicr.

"Something like that," said Mr. Macnutt.

“That represents a loss of more than $450,000," said counsel.

"We would be very foolish to sell them now," said Mr. Macnutt. “This depression can not last forever."

When Harpeii was cross-examin- ed by Mr. Geoffrion he denied his attacks on the Sun Life had been inspired by the refusal of the com- pany to make a loan on some oi his properly. He had applied to five ' insurance companies for the loan and two had refused wililc three had accepted.

He also denied hc had pressed T. Kelly Dickinson. editor of the paper in 1928, to attack the Sun Life.

Mr. Cormicr announced he would have one witness tomorrow after

by the court. Under questioning by Mr. Corm- '

swoon» i

he completes his examination oi Mr. Macaulay.

| cslirnn ‘turnout

MILTON. St. John's Anglican Church: Ii a. m., Morning Prayer; .‘ 30, Evening Prayer. curate-in- :harge, Rev. E. O. Lancaster.

31151100. ‘St. Mark's Anglican Church: Afternoon service, 3 p. m. Curstc-in-chargc, Rev. E. O. Lan. caster.

HOCKEY GAME TONIGHT be‘- tween Jimmy's Hcartbreakers and Milton Hornets, one hour and half skate. 7382-11

“ MOUNT STEWART PASTORAL, the serious; illness of his mother, the Rev. M. ~

CHARGE-Owing to

1 K. Charman has been called to his home at Wallace, N. S. There will be no services on the charge De- cember 25th.

5 COVEIIEAD-UNION ROAn_ United Church Services for Christ-

mas Sunday are West Covchead

11 a. m.: Oovehead Road 3 p. m;

Union Road ‘l p. m.; Song service

at close of regular service at Union

Road. '

WINSLOE UNITED CHURCH-J Services Dec. 25th: Winsloe Nortlri ll; Winrloe South 3; Highfleld, 7;i Mr. Geo. Cruwys will preach in thel Glasgow Road school house on a-I bove date at '7 p. m. Rev. L. J. Leard at the other places.

LANE-GILBERT NUTTIALS- Dcc. 22-'I'hc marriage of Miss Francis DeForcst Gilbert, daughter" of Mr. and Mrs. Walter Gilbert. Saint John, to Temple i-laviland, lame, of Halifax, was solemnized‘ in Saint John yesterday afternoon in 'I‘rinify Church. Mr. and Mrs. Lane left for Boston on a short; wedding trip and will return ncxti wcek to Bcdford, N. 5., where they will take up their residence-Mono- ton Times. Mr. Lane has a host of friends in this city.

PERSONALS

I am calling .£VBl'ytl’illlK..

Mrs. Bernard Higgins has return- ed to licr linme aftcl" undrrpoixlg n successful opcraiioil at the Ciiy Hospital.

‘lVlliss Priscilla K. hfucllcod, R. N.. of Brooklinc, hluss. :5 spending her_ Christmas holidays with hcr pai- ents, Mr. and Mrs. M. E. MacLeod Uigg.