.__._

E

THE CHARLOTTETOWN GUARDIAN

PAGE NINE

and BOND QUOTATIONS/-

tivity I"

cks On Mt’l. Market

v B, guardian‘! WWW who

. , Juno 20.—Strsngth

‘_ um issues tempered a H "T911113! trend on the ‘l stock Exchange at the M”, q-rgding was heavier, v-flgly 14,100 shares chat!!- -. gm construction stodis was mum-moment of s 840.000.- bilc Works programme. The "end of the stocks aflected mmolillflfimfiht imparted a

I ‘one to the list as a whole. a w” m; early demand for mment, both common and '. the former advancing to m,‘ preferred to 4e. The later ‘, tempered these levels some- however, the common stock a.’ 3:115’ up 1% and 1211C pre- Nue gained" three points at

damn company advanced m“ at 16 and Dominion

01 the Federal Govorn- n.

Construction

three points at 150, despite the fact that directors declared a dividend for tbs first six months of the year of tour percent, or 8i per share, as compared with $1.50 paid for the entire year of 1933. last December.

International Nickel declined 65 cents at 26.06 and Montreal Tele- mph: was of! three points at s2.

a Canadian Bank of Commerce lost a fuil point at 147.

Brazilian Traction, Canadian Car preferred, Canadian Industrial Al- cohol “A", Canadian Pacific Rail- way, Gurd, Holiinger, Power Corpor- ation, Shawinlgan Power, Sherwin Williams. St. Lawrence Corporation preferred and Banque Canadienne Natlonale declined small amounts. Hamilton Bridge preferred at 28 was down eight points from its last ap- pearance gome months ago but high- cr than recent bids.

Among listings to remain unchan- ged were B. C. Power "A", Bruck Silk. Canadian Car. Canadian North-

. 21/ at 331/. Smaller ehlleupmahe by‘ Hamilton ' Dryden, McCo1l Frontenac,_ ,5... Electric. Gypsum. and , 5mm; preferred. m unsettlemerTt in Wall’ . 59mg of the more active is-‘ ,'._.,..l fractionaliy. ‘ .,. iidated Smelting was oil.

' poration, Steel of Canada. Bank of

em Power, Dominion Textile, Gen- eral Steel Wares, Howard Smith, Massey Harris, Montreal Power, Na- tional Breweries, St. Lawrence Cor-

Nova Scotlzt, Royal Bank of Canada and Dominion Steel and Coal “B". Sales 14,173 shares; bonds $9,250.

t’l. to ck Exchange

..¢-_@

...... furnished by Johnllvo v.1 llcvuhrra of the Montreal “frcllullgo u. 1 hlontreul Curb ' K511 itil-ilu Hlrrst Chur- ' ' lotto

iCurrencies’

(Fuuulllun Press) ll luilli. Juue Ell-llcavy fruc- ldccllm- was sutfercll by the iilll dollar on local foreign ox- H today. Th9 close was 8100 ‘ hiring slumped continually ll:- uprn 0i’ tho mnrket. This ' l loss of ll-lil cont from

lug illiil) off

‘P ‘l -' a for cublcs ",5 io\ver ‘ leslenlrll s last quotation. The iihll n low for the session of P-"ller. and advanced in mid-

041/4.

Mn m 5r. ilr-ulch frunc lost .0015

\\':ls

at

lllnlral‘: fur Stiff Joints

444mm; A

ldvertising Rates-Payable in Advance l

llllirrl (iuurdiau locals, 4o. per word; Western nml Eastern locals, ls

In word .\n uunccmsnts sml 00ml

larr word; in Mcmorlnm Notices.

tutu“ umllqllll. cflflll. all». 46 nlr halls; Lsttars of’ Condolence, 10c. m‘ Appreciation. 70o. an iuch or M. pa!

um Churgn fur any sdvcrtlsomsut twenty-flu ronss.

' h: Notices of Thanks and Eli?“ Oibrr rafss on application

+w-o+4¢‘ ~ v

“*2” oer word, flu-as lusr- ths prise d Q's, l1 l" co.

" W1 — oookmo RANGE V’ m“ ~ = order. Also Jackett ‘ 111. in ltochlord Street. L-6133.

Bsoaltn SUITABLE sol ti"! outhouses, etc., lr per "l Guardian Office. tf. PALE - AUCTION son's!- hf-Frldze and Whist Scum mnll- Guardian Central Job

Nov. l-tf.

‘ 11E - BUICK scum-real “~07 series. Good condition.

ll Pfllmcr at Farmer, Solici- _ chillflfttclown. L-6065.

M11111 - AUCTION roan- fit Bridge and Whist Score H‘ - Guardian Central Job “"11? __ _ Nov, 1-tf. Found - some TIRE. APPLY “i spyjvastrrnysltytn-slov.

aarugcnumul

Abltlbi Assoc

Big Miss Brew Corp Com

Brew (‘orp Pfd .. .. iirit Amer Oll .- l‘ul| Malt ..

(‘onsol Pnpor ..

111st l'()r‘|) Song

imlue Allin-a

llnlu Stores .

itiarosr"

ifHJ$SwP

(spacial To Johnston and Ward) MORNING MARKET LETTER

NEW YORK Jun M-Tlf - ,chologlcal offsht cu etho s . p’,

Purchase Act," of 1034. Treasury Dept. issues regulations iu connec- llou with Nllver Bill. President s10"! substitute Labor Bill. Conferred with x001 Labor Union leaders regarding . Al.

o! Congress proved m: stimulus to stock prices yesterday utter tho opening. There accrued to bs no ral pressure of liquidation but tho voi- uuie ml the decline was greater than it has been recenti . ' Whether the dscllns yesterday is llllwly s 011s clay relspss, such ,os occurred in: Week rslnsios ha lean but at least we do not feel the "15"" ll l1! ready for a sharp Aus- talued advance. ~

Lahiluw and Company, SUMMARY

NEW YORK. June 20—t.'ommon- wealth Edison Co. doclgggg "W1" quarterly dividend of $1.

1' quarterly (llvidcnd of 00 cents on common. .

Public Scrvlcv of N. J.. declared regular quarterly dividend at 7o slat-anon 10081111011,

a on: ssh Register dacllrss a dividend of 121A cents on common. the flfasli- cash dividend since October 15. ' Gasoline stocks (luring wépk cndsd Julie iii. dccilllcd £171.11» barrels to 525505.000 barrels, according to Am. ericau Petroleum institute. Cons. Mining and Smelling or Can- ada declares dividend of 31 for six months ending June 30, six months ago a rllvidrnd of $1.50 was plld.

President Roosevelt at 9:46

. I Tuosiiny night signed the ‘Hiivsr

1V. Y. Stock Exchange

(Quotations furnished by Jbllllllon. and Ward members of the Montronl Stock Exchange, Montreal Curb Mur- kci. 1M1 Richmond Street, Charlotts- town)

Opened Last Allied (‘hum ... .... Allis Cllillill ... .

Atlantic lief .

' Amer (‘all

Lake Slloro

Alucussu

hirlniyro

hick-horn A

ilclrllers B Norsnds

Psrkhiil .. .

San Antonio

Sherrltt

Siscoe Mines Stzlllavnua

Sullivan .. .. Took iillgllos Ventures .. . Wulker Pfll Wright Iinr .

(Cunudlun Press)

MONTREAL, June ‘JO-Cheese prices eased fractlonnlly on the Montreal produce und dairy market today while other produce remained firm

The cheese nlnriu-t was off 1,’. of u roni (lntul-ln vniured ln-llil; quoll-d ni 101.. in 111A r-vllls :| poulnl (Jllobor-s were ilr/ in 10% cl-llta 1i pound. lie- ceipta iulnllell -i-i7 l1l\.\'i'.‘5

Butter was steluly. fresh no 1 bringing 20%, to ‘Z011, vents a pound lll cariots or loss. Slilnll lqis io retailers sold for 21 cents for solids uud 23 cunts for prints. Arrivals boxes.

Nu changes were recorded in egg prices. tlrulled shipments in carlols or less from Ontario brought 101/. to ‘.50 cents a dozen for A large, 181/, to 19 cents for A medium. 181.5 cents for B and 171,1; cents for C lVr-sivrn rur- iols sold for 2i cents ll lion-l) fnl- A iurgv. 20 cents for A uu-liiulu, 1N vents for ll illlll IR cents for (f. ltovoipls were 701! vases

Quebec whites were quoiml ni (i5 to 70 cents per 80 pound bag compared with & cents ti? previous day, Princo Edward sla d mountains brought 95 cents to 3i per 00 pound halt ngxlinsr 115 cents nnrl N. B nlnun» isins solri for 70 to 7.’; rents per S!) pound but.

MONTREAL, Juno ‘ZtF-Offrrings on fhc two Montreal livestock markets to- day tolnilcrl 331 baud. Receipts uorc composed _nf l0 cuttlo, 27 valves, 2535 hugs llIlil i) Blltml) illlil iuluba

‘Pin-re wvro not ouuugb cattle, calves nnd lninbs for sale to lnako quota- tions.

Hogs were steady. Tn-o lands w"... delivered on former contract at S0 50 for barons, frd nnd wnicn-d Selects lircw $1 per hug prcnliulu. l-ionvlcs, bull-horn uml lights worl- 31) “m; hcnvioa $8 I50. Ono loud of sows Just .'lrrlvvll and were no! sold.

“on:

ng Iivants, lo prr word; Clilllfltu 70o. per lnchl Lists of Ilorsl and

T1 _Let

T0 LET-SUMMER HOUSE Al‘ Brighton Shore. Apply Tomllns Grocery, 85 Rochford Street.

tar-u? HAVI ROOM IN CAR FOR. ONE or two passengers to Boston, leav- ing Tuesday or Wednesday. 76th or 27th. Apply Guardian. L-f3v00il

Female Help Wanted

wAh-r-gn - MIDDLE AGED woman for general housework. Ap- ply to Mrs. Dan Nicholson, New Wlltshirs, P. a. 1. 11-6119

Work Wanted MARRIED COUPLE WANTS l work on fox ranch or farm. APPlY Guardian, 1-‘5113-

OI. BOY F03

ANTED — MAN w Alex RhY1195-

form work. APPlY

Extra Money

l‘ Goon Molvsv To?"

mes, Addresses for mail order ém- W) Canvassing. experience

11 rrssnrv “"0 Cl h‘

d .

fig Advertising, 401 it .. I-flh

Write for Free De-

14-8114.

Malpeque Road.

“ANTED-Ba VISITING DOC- tor and wife, small upluimcnl

181

luH-hd Pow . _ .

A m Alli

Car For

Burroughs Add Coll Oil ... . .. llry Ginger Ala .

(‘up l‘n<- .. . . . . . ..

llhllf ' .' .' .

Pill-valor Mo: _ (‘nlllnlbin Fnrhna Colum lias bile Fon Gus . . . . (‘on (‘nu

(‘om Proli E l llllpoui Eastman Kodak Elev Auto llltc Elev Pow Light lrlo ..

For Film . , _ l-‘reopori Trx . Goll Asphalt

Gen Elar ... Gen Foods

en Motors , Goodrich ltub .. (focdyoar Ruhbrr Grnbllln Pnigo lludsnu Moi ..

lutl liar intl Nickel . _ lntl Tel ,, Johns Msavillo Kennecott Cop Kresge 8 S C» Lambert Co .. Krougar Toll . lliggoiis .\i_v"vx B Loews inccrp Loews illcorp . Loose Wiles Bis Co Muck Truck llnth Alkali .. lliss Kan

Mont Wur Nnsh Mot Nut. Bis . Nut llniry Pro Null Light Pow New Haven .. New York Con North Amer North Pac . Pack Riot Ponn liaii , Pub Ror N J ..

Snfawav Stores .. Sears Roebuck . Simmons Co , Sucony Vacuum . South Pac , Stulld Brands South Raiiuay .. Slsud Gas Else

.\' J Rlewlll-l Warner Thorluolll Studs-baker uxlla (‘o ‘Pox Gulf Sui Timken Roller Lnlnn (‘orb Cnrh ilnlon Pnc ilnited Airy-raft . ffmtod (‘orp _

l4 fairies;-

as}:

..-

m §53;u§?w £1»;

Wnnln-urih _f_ Worthington Pump

-‘-"l"v$¢a!l S F

Last 172% 021/, 98% m; 94%

High Low 941/. 02%

30 hstiousl Biscuit Uo. decllins reg“.

-' Btesl strike. Refsrrnd Btsai proposal to Secretary of Labor Par-kins with full power to take any action which may be necessary.

“iron Age" suys. Postponement of Steel strike has relieved tension industry and ingot output has reced- cd to 00 percent from bi. percent cap- acity, Decline is surprisingly small and suggests that strike t rest bod s much smaller part in driving in ton- nsgo than the desire of runBUlllEIl to escape price advances.

Electric Power output. ln ll. S lu week June l6 arowcd an Increase of 5% percent over like week a year ago sgslnst increase of 1 3-10 percent a

wash go High on , .101.1l 1.40 ls .. 40.56 .57 25.112 ' . .46 .05

Blnon says: Congress finally 1111' lournad but the market acted con- trary to general expectations yester- day. While stocks gave way rather easily, pressure did not increase to a point that endangers lilo bulli-sb posit. ion of the ulllrkol. Fur-then weakness will likely be limited in proportions and will bc followed by further rc- covery.-

Braiorno and McIntyre recorded new highs yesterday, while Dome con- tinues to show good form. l suggest- furthrr pumhnscs in these issues,

Last 119.02

n. purlicularly cu soft. spots.

Buuon.

Mill/LN '1

Canadian Press)

T011051‘ , June 20—Sclllug by nel- vous holders spre d through the luln- ing list todlly an this section of the Toronto Stack Exchange ap cared nervous. The gold stocks inniny rs- flscted the note of caution while hssa metal and silver shares maintnlwd an appearance of firmness.

The big gold issues were decl-icdly slow \v'llh the single exception of llru- lorlle which held uncbllug-Hl .11 $15 on fair volume. liiclutyrc lust $1, Holi- inger, 15, Pioneer 66 and Tack Hugh- es 10 while Dome gained 0; Lake Shore 20 and Wright Hargreaves 10.

Snlllc of the ull-liiuul-priceli golds were unloaded iu hoary volume. Selling wus resumed lu Sun Antonio about 111.000 NIHITPS changing hululs uu a prlvc (lcvllnc of 20 cents lo 1.00. Little Long Luc was caught in the same selling wave and it drifted back to 4 80 for | loss of 35 cents

(Canadian Press)

TORONTO. "

J use Stocks

Ashloy .. Bugulunl- Rnrry ll

Brx .. ,. ..

Buff (‘nu Blink iilll .. .. Buff Auk - Clll and Etlln

("H1011 ..

. (Zhiboug .,_

Clerlcy Columario Conisgus Columsrlo i) Mlucs

Holliagcr Homestead Howey . J M Corns ... Kirk Lake .. Kootcnay . Lskeland

L Shore .

Lee Gold

Little L L

Man East. . Rfacsssa . Maple I. . hlcintyre .. .. McKMlzis . hfv-Mllinn RIPVIHIP . liflvaltcrs

Sud (‘out Ryivanlie Tack H .. Towsgmac Ventures

g H Total sales 8H1 Aldsrmar Assoc Oil . Baldwin Rrownlw .- P-uvklnghsm

-.-< Bu‘

335$

Scpv. Dec . .

0stsl— July Sept . DOC . - u.

421/. cu 42v. 12a. _, .. 1w. a- wmslv-nn (IIIAIN Wheat:-

Low Last mu. my 1m "mi my. "m

.lni_v ... Sopt ... Ur‘! . . .

Oahu-

furnished, Jpiy, and ADI - Tu‘ “in .. -

.. . . flaw."

5 zs-li3-w-lalx—~l~wvl -..» .~:-¢~

h)‘ . Kirk Hunt Kirk Town

l 1.2.2

fur-my . . . .. lit-Lend ... ..

Flour production in Canada for the month of April amounted to l.- 0883185 barrels, which was higher than for the corresponding month of last Year, when 1,013,486 barrels were

(By Frederick Gardner)

YORK. June Zoqspeculs- tive initiative was sJll lacking on the bull side of stocks today and the market drifted downward in slow trading.

A break of nearly three cents a. bushel in wheat and weaknus in ‘distiller stocks discouraged support for the share market.

Liquidation was small, ‘however. and volume in the Stock Exchange

with 861, 635 in the preceding ses- sion. Ths Standard Statistics Co. average price of 90 stocks declined eight-tenths of a point to 80.1..

Both bears and bulls were inac- tive as they waited for a. clearer picture of late summe and autumn

to press the selling side, despite in- dications of iurtherseasonal reces- sion in business, forecasts of a slump in steel operations next month and lulcertairlty as to how President Roosevelt will exercise the permissive powers given him by the 73rd Congress. National Distillers dropped near- ly 2 points below 24 following an- m- ‘ of plans to offer new stock to shareholders at $25 a share, with an option to lower the price if the company wishes, and to sell 337.000 shares on similar terms to the Distillers C0,, Ltd., of Great Britain. Schenley Distillers sold 0ft more than a point in sym- pathy. U. S. Industrial Alcohol. Crown Cork and Seal and Ameri- can Commercial Alcohol lost 1 w 2 points.

Two recent weak spots, Frecport Texas and Wesiinghouse Air Brake,

(Associated Press Financial Writerh partly on slwrt-wvorina (Ar. By Guardian's spasm Winli ‘Iieiepilonc. cowlldl-M <1" 1114i nrlw

shrank to 548.535 shares compared ,

prospects. Traders were reluctant '

Dull Session On Newl" York Exchange Yesterday

rallied to close frsotlonaiiy higher. . American other utilities were relatively l steady.

l Most rails were only fractionally

';1ower at the close. as 5111719" 11D"

ipearsd with predictions that the

weekly csrlosding ream would Iv,-

., ‘ ate or surpass the V011"

fpeak established in March. Metals

-eaaed a little further in face of the signing of the sliver purchase blii .by President Roosevelt.

Industrial leaders, of the Calibre of American can, General Motors, and Standard 011 of New Jersey, moved narrowly. Steel shares soft- ened, with U. S. Steel and. Bethle- hem finishing about a point low- _er, as the July steel outlook brought I in a little selling.

High-grade bonds continued in

.demand and the dollar was some-

‘what firmer against foreign ex- changes. On the whole, though,

‘financial markets presented a less

‘cheerful front than they did last week.

1 Wheat closed 2 3-8 to 2 7-8 cents a bushel lower. touching the low- est prices recorded sincc May 23. Yield estimates were raised in some areas recently harassed by drought. Corn. oats and rye lost about 1 to nearly 3 cent‘ a bushel.

Cotton gave up most of its gains

of yesterday, ending B9 to 95 cents a bale lower. Silver fuures. 111095 and rubber sagged.

WHAT STOCKS DID WED 126

343 122

Advances Declines ,._... Unchanged .. Total issues

N Huwk Norllcn (Ill Nul . . l':|rk iilll Pond Ore. Pore (fro Preston

Smrlsrona Sud Kline \\'nod Kirk

IZXCTAAAMZE

(Fuuunliuu I'm-nap .\l(l.\"l‘lll'l l. Jlllu- ‘Ill -llrllish fIm-ign cxcllullgu in l-olullun lo Canadian dollar, us uolupllud by

unli the the

as follows :- Argentinn [who 24163 Auvzir-llin |lrllillll ii ibTl-l Allslrilu liPllllllllil 15253. iir-lglrlul holgu "m7. llruzii luilrols il <1. Bulgurlu iev Jliili. China licllg Kong dollars (Izcclloslovukln crown 0-112. Denmark krone .2332. Fiuluuli finumrk 112333. Franco frullc .054 (leruluuy rcicbnnlllrk .3777. (in-alt lirlluiu pound 400111. l-lollnml fioriu 1.17151. Hangar-y pengo 205i). Indal rupee .3777. Italy lire .0853. Japan yen .2074. Jugoalnvin Illflfi!‘ 0226 Now Zoulllnli puuurl 3.9573 Nnrwlly krnnc 2508. Prlinnd zlnil INN Rouluunin icu (iii): (Canadian Press) Closing exchange rates:- At hfontroal-Pound 490 7-82: l7. B. dollar 99%: franc 6 64 At New Yorh—l"ound 5041‘; srllan rinilnr 1m 13-16: franc ('1 Al Pnrilv-Pnunri 76 I10 fr; (‘anndlnn dnllur 15 3i fr: i1. S dollar 15.13 fr. in gold-Pound 12s 4d; Canadian ollsr——-; U. B. dollar b0 39 cents.

3633.

any; '

Markets At A‘

G I a n c e ‘ill’! (Canadian Press) Toronto and Montreal-Industrial stocks closed lower. Toronto Aiiuosw-lrregulariy lovrsr Now York-Stocks lower. \\'innipeg—\\‘hcn1 down more s. cent. New York-Rubber and sugar higher.

Bride-to-be Sh o w e r e d

The home of Mr. and Mrs. Alex- ander Cousins. of Burlinswh. “'11-! the scene of a happy gathering 011 ITuesday evening. J1me 12th. W119“ neighbours and friends 81111161911 1° tender a shower in honour_of their daughter, Miss Verna Cousins, who is to be one of this months brides.

The living room was arranEEd with apple blossoms and ferns and at one end of the room a bower of pink and white flowers with sprays of apple blossoms and greenery was constructed for the bride and her attendant, Miss Kathleen Profitt,

than

lower; coffee

._ Long River.

The bridc-to-be wore a. lovely dress of pale pink flowered chiffon. As the bride and her attendant entered the room, Miss l-illda Campbell play- ed (he Wedding March. A carriase of presents, in which the Misses Ear- ith Davlsori and Alice Parker were hitched into and was driven by Miss Vivian Davlson entered the room.

mons. Miss Jean Profitt and M!“

ranged them on the table. Miss . cousins made a pretty speech, grace-

of her friends and extending to them

her future home. The company then ; sang "For She's a Jolly Good Fel- low." ' The gifts were numerous and cost- i 1y. and included a lovely piano lamp from Long River United Ohio! l choir. of which the bride membe .

Music was furnished by Mrs. Sadi. L, Campbell and Miss Jean Fraser

WBSI

produced. and sllglltl above the A dainty luncheon of ics cream and sltlhsxwllvssmoth. lash».

EN Q1011 QTIBIL-fi.

Royal Bank cf Canada, closed tcdayg

The gifts were opened by Mrs. An-l drew Johnsione and Miss Nina Sim- l

Marjorie Crozier read the witty and ' humorous verses. Miss Bertha Davi- - son and Miss Thelma Donald ar- '

Official Visit

Alpha Rebekah Lodge N0. 1'01. O. 0. F. at their regular meeting held Tuesday evening were honor-

sl" ed by an official visit from Mrs.

Jessie B. Jones of Kentviile, N. S.. warden of the Rebekah assembly of the Maritime Provinces. A larse attendance greeted the visitor and the degree was conferred on three candidates. ,

A very beautiful arrangement to welcome the visitor was given. Mrs. Jones was accompflllitd by D-D-P- Mrs. Hazel Henry, Grand Secy. Ivfl‘. G-P. Nicholson. Jr.. Past Pres- ident. Mrs. Ruby Hollie. Past