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Reports

By STEWART JONES o 00.. 01.111111111101111

. 1111101

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‘ New York _ , filcfiease.

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' Correspondents o! Greenehiclds & 00., Montreal “r R I . - c1uc 1 g _ ‘ .11 Chem . __ t-cQh-KBIIIHI-XZSZXZI-CZRQZKIKZI m Sea? Luna?“ gist,‘ . 0w a0" s1 +1 rlovrnacu. » l t“; so" “m-l‘ . . scrum noun mucus 3:." on‘: Iggy-lung 1.111111 t-onrouanos slscun 1 Beth Steel 1 $1.1... 0111-111.- (1111111 “mm . ‘T E" s“ P1115111 "Kai 5‘ “111111111 ... .11 .... . 1 . ..| 0pc. 1053 1, A "y: o I . l 11111111111 . .. . Bel!‘ '1'?! . . 511-.- aea? 13%’ I111 0 11111- fim: i’: s s. Q" ---1 11 t, 111w W. 0c 101:0 101.25 1011.10 ‘.°"" Q" aus- '14 l. 1. Inner 1.: ... inn (e111 51AM, m" W15 101M’ (on! (.an M +1 M11411",- Prorlutts .. - . t an, Stu-mu (i111: ‘ lilii 110.50 65.50 F} I Dilpont 91% .1. g5 fins-la far ... ... . l‘ ll. . . 41AM m" “no m” EleoP-Lt my. __ y,‘ r11111111 111111-111 Q l. u. . . 411,111- 1000 011.211 00. F“ "m" a114+1~11 "111-n l'u\\'r_v and PM!" f, I It . 51-1- 1001 1111.1:- 101110 u“ m“ 181611- M1 110.11.11.11 111111111», .. 1:111»- 0111; 1111111 03.11:". 011. m“ M“ 42',\t1'+ W, Frau" 1111111111111 . , \ 131w ‘ 0111: iitil 021M mm Ody-1- Iiuh 45%|,‘ 01111-1111 ‘Steel r111 J0" L)! (o 6141m- tun 101,00 10:12.1 Em" o"; ali/aH-m, 111111111 011 .. 1111 Qlivnt l_uw 00-: 1001 101.111 1011.00 l" y"? '- 1111111-11111 011 111, “out”! 011 01111 10.0 102." 1011.10 ,"t "‘ 1° 1014 - 1,1, - industrial Air‘ ol 4'1,‘ ‘Inn ‘from 5111;‘ ltltl 90.00 f00.ll0 RP Tiff‘ - - . 29551.1. g‘ lntrr111111111111l 511-1101 11.14, .011 from . opt- 1055 Ul,'l5 ilIlf-‘t! Mmk -°D . .. 211,4»... 1111-111111o11111retrole 111.1. lion iron: 411110 1005 113.011 80.011 “no Truck . 41111,]- 1111s1ey-l1111111 ... ... 1:11. Que 10-11 0111.- 1001-1 100.00 102.00 -0nt Ward . 24, y‘ 11111111111 Power ... . 11.11. Shaw l,“ 4141110101111 011.12 05,1111 Natl) Pro -- .. sssp- 11.. ltrCoii Frontenac ...1 ... ... 114-34, Shaw low . ilpc i970 I0‘..'.0IJ 193,50 N Y Cent I25 |- National breweries ... ... ... 111-y, Unit Scour . 5% pc i062 08.16 100M ‘if Akin Co .. 81951- I,‘ Nailnnol Meal L3!‘ . 31% no“ PM PM‘? . . 10%|- 111111111 111011111 ..., . . . :11 INION 0F (‘snaps - . . 1r. '1 ~ -, 401,4 + I4 1-1-111111 11111111111 .... .. .. 11 uoaaanratun nouns "m" flail as - [iomlultln Trir ..-. 1w ... ... ... If! , m!" l‘?! II ,- 1,5 1111111111111 11 3,111"! I! 501- 1099 104.00 100.20 - 11111-191. Power (‘nrporatiun 1.. ... ... i1'_'-'!/, 5 5PL lilo-i 103.15. Illfil- "/s - c a u 41/1111- 1001 0000 215114-1- - Skit" 2?“ 132.‘. 31$ “H . - - 111w ' 1 .- t: N It . 4110c 1000 101.00 522+ i4 j‘ c N 11 . 0111. i054 1011.00 ‘1015-1-1 . _ t: N u . 0111- 1000 104.10 0011', - 14 llmnna ... . 22 g g‘ ' “n”: qwdeb k" i254.‘ 7H ' '1 ‘ ... ... ... ' " ' i "1 ' ‘ " .' ‘- Mmm" mm‘ c 17 11011101011 or cauana boson Tens “'00 - 313:," u‘ 11517310,,“ 11.11. uxsalrr ISSUES) To: o s01 111iy,;+ 5g 01w - - Qct 1.10;] 100.110 101.10 Tim R15 00% 001,1 04% 0114+ 0g ,m,,.,,.,,,, 1-,,,, _ 35,111; . . . manhunt-z 1011.20 100.011 g c118 01111 0's‘, 11a, 11a" 111,11. 55 muh,,,,y 0'10. ‘.. .. ... a1 1.11.1.1? 105.180 1011.00 nit orp .2,,,v.21.1 5/1 ..=},1l- y, ,,,n(_n,,,l,, .1,,1p1.Al.‘..E...‘ 11:0 1,101}? 108.60 109.00 U- G-lmp | 30 _ ,,,,,,,,,,, A, 1'1.“- 1. 11111011) I __ __ ups 1 Aico .1 K1 1111151-1 1-1111111111111111 1 1 --‘.~1 11c . 1111-1, 011. 101.110 102.110 u s Steel ...144%.,1101,41t4-111.1-11i%1- 0g ,.,,,,,,,,,,,.1,,1 5,1,...“ .1,, 111 IwvLlil-II 10.1.10 1011.40 Van Steel‘... 01551004001. 0:1 1+1», Unnnnln" 5,0,." ___ _ ‘_I,,‘11c .. ... 111111114010 100.00 Warn B i.o . 185411815 I814 1321+ 5Q “m”, p0,," and ugh, .1111 .. .. 01-1 1.1.1011 10.1.10 104.10 111-111 use 015510104 0111 01- 1- "/1.- Gmfl," _1,,,,,,,,1, __ 11,1111: .. 01110.10“ 1111.110 100.10 Worth . .. 02% 01m 02% 1111111- y. llootlvear Tire ... ... 1. 45a Vi! ... ... Feb 1.1040 90.85 100.20 X '1‘ Coach ‘. l 12 |- 5Q 11111-1i11111111111 Hydro Electric .. 1’ *9“ " " " u“ I'm“) 031° 93'5" ~ » -

intr-rnntinnni llunustcr ... 1101111011111 P11111101‘ ... \11.111'r-1111~1-_r Want Fiogara ilmlsou Power .. 1'11r.1111--11',11 Puhlilr

Bank-of l\'0vs lirolla a.» ... ... Bani of lioutrvul ... ... Bank of Commerce ...‘ ... ... ..

Royal Bank IAIKIT REVIEW FOR FEBRUARY ll. i031 .

DIAWINIGA N I

‘ The finanrlal statement of Shawinignn Water 11nd Power 110.. IBIIITIIOIIHIIK the i|1irt_1-~thtr1i annual report since the in- vention of what has grown info one of "i! ilfifvlt llytlro-ier-fric tlerrlopiuonta on the continent. will soon be available. it is understood that In the face of tho cutting down of operations at a nuulbnr ofdhe industrial centers norveri by iihawinigan, the company was able to upaml its hnsitness very matoriulLv. u111l that gross income will show an increase in the, neighborhood of 513300.000, 1vhl1-l1 would bring it close to a total of $141,- 000,000. The revenue for I021! was $13.- 4751853: fur-INS. 8113502331; for I027. NMNW, and for 102B, $7,660,208, It vvill thus i111 evident that the company has more than doubled its income in the iWimi of four years. Net revenue before depreciation will show an int-rouse of "Wards of 811511000. which also is s very rrileltabit- result.

Ti"? "lmilany during the your had to bros-Ida int-reeled revenue on account of dividends, for in 1020 this amounted to "hi! 83.12%. representing three qunrter~ i! Payments of 50c each 132 rntc) and Itilr- Ilayment of 825110. 182.011 rate). In 111510 the increased dividend rate of Pilllrseuiltliiied t0 aiil four quarters. up "m" 353V: to $2.50 a share. After meet- ll the dividend the compuy hail s fair lfllrlrivi. and the profit and loss surplus at the end of the year will ilave shown an increase. II. will be ronlcuibcrrtl also that fixed chargos were considerably In- rrralctl during tho your 011 account 0T an llsllo in Mart-h last of $171,000,000 of Ive. bonds, and In October. of .0000,- m‘ "l IV; nc. bonds, l total of flifldltlth- W. 11 romparstirely email portion bcing Iued fur redeeming outstanding bontia 0f subsidiaries. and the main part for zrmzii expenditures on new develop- ‘R I Iifirrnlonnl liml tho nuiuhcr oi‘ short-Moldova whit-b has luv-u iurrt-usiug ‘f?!’ _\‘iiliIli|Fi'flh|_V for a uulnher 11f years ilflrl. 111111111011 s further stibsfuntiui gum 1I11*\111; 111311,

1111- of lha favornliln f1- 11-1011-1 will i111 iii». work 11: 1111011 11f tho r-olupnuy. 111M111: "Ill for a uuuabrr oi‘ pw-urx 11111-1 has r111-11u1r uruuml Q-Jidititititii) ul‘ $111111, . 1111- imam-lug oi‘ lust _vr-11r has |11-11vi1|1-1l

tires f tho 1 .

""‘""'"IYl\|1_v with a i11|-1_-1» 11111111111 of "m" "IILV a comparatively; u-li 11011 "i 111111-11 was 011101111011 111 . . 111111 ‘i! Insult that 111-t working 1-1 ilui I14

I 11111w-i11l to he shown of \1~1-ll over $il.~ l"). ihr, strnngosl liquid position I11 H“ "m"?! M‘ tlm i-ompuny. 'l‘i1n sum-k "‘“""l|.\‘ has born showing t-1n1ei1lrr11l1i11 va|1--11g111_

l

1

Stocks an

HEAD OFFICE

JOHNSTON "DWARD

Jfnskn: Montreal Staci Ewing, Mosmd CI" lulu, Towels Sud Eubnge. Vissrfll 6"" brebzage, Cbierge Bond of Tfdh NM Yul C016 (suoridl)

Matrimouics Now“ , Suggest Course

MONTREAL. Feb. 14-m111111 1111 practical widowhood and diahwashittg are among 1.110 many courses suggest- cd for a. new department ‘at IviLGiii, that; of “Matrimonicsfl proposed by an undergradute in writing in the official students‘ oragn, the McGiii Daily.

In introducing the idea of such a department the writer points out that "if we accept the verdict of educa- tional experts that the oblecl: of s college education is to better equip one for the battle of life, then is lb- viously e. great lack in our modern university system. We train students S1111- every possible career except the most important. of all, namely tfhsi of matrimony.

"Now matrimony," the writer con- tinues. "is s career. Ilior most of our female students it is the only career. Dm-ing the past federal election by far the most. frequent profession omnnerated was that of howaewife. Surely then. it is up to our universit- ies to guide their students In this 11111111 11111101001111 matter 11 is with 1111s object in vie-w that we proppse estab- lishing the new department of 1111.111- monics." .

The student starting off thus seri- ously goes on to enumerate humor- ously some 18 course of study which might. be well included in the new department, one of whcee most popu- lar lectures, according ‘to the writer would be America's widely known safari-at. l-i. L. Mencken. -

As unemployment, seems to be" one 111 the most thought provokln: sub- jects of the day, the proposer of ffhe novel department suggests s possible question for examination of students in the department as (allows: "Prove that monogamy is the cause of the 1c cont: economic depression."

There are indications on the cam?" us that the proposal of s new depart- ment, which would have for its pur-

p052 instruction of students on the vital question of’ matrimony. will not;

be shelved without further consider- ation by fellow students se such in- structlons would. in ‘the opinion 0i many, fill s long-felt need.

d Bonds

~\

GORDON BLDG. Charlottetown. l’. l1. I. ‘fill Bank Bulidlnr. Ben]. Rogers. Jr., Manager. MONTREAL Tflltlfllltlll ‘b14420 *- -—'-—‘ 1

tcwart Jones 81 Co Correspondents s! _ '

(‘Irebnshields 81 Co

4111110411 o! ts: Montreal Stock Iaehengs

"PM Gvlrss s1, Clnlsttstssn

..' ' i The regular monthly 1111111111’; of ' m’ w- M‘ s‘ wuhem ‘t lb‘- hqme for many years. The pail-bearers | 9°?“ H1313“; 3- N°Ym“" 3°33; 4-

ELMSDALE norsé‘ l

' Due i.o heavy snowfaiis-and drifts the. roads are in a very bade-Loadi- 11011 11111 111 places, 11 is 1111111 111111: cult for sleigh: to meet and pass each other. The railroad cuttings too, are quite deep and the continued storms are supplying work fro-some of tiieunemploied.“ .' ' ’ '

01.111111111111111, are‘ being tender- cd to Mr. and-Mrs. WrmMaltIIev/s oaths arrival of a» fins baby boy.

Mrs. Iidisolrwliilams, Tyne Vai- loy, spent s few days in Elmsdale with her father, Mr. a1111111u11 Clark. While there. she 1111111111 the, fun- ersl of the Isis Mr. llbrsythe.“

Mrs. Easel Cameron 11111 gpasaon- > ger to Bummcrside oaths morning

train. Feb. 5th. - 1

Mrs. Alex. Ibrsythe, accompanied by 1101111100, M11; 1101111111‘ 01111:. 1111111 to the P1111111 00111111- 11011111111» on» the 5th inst, for treatment. ,'A1l_ have to 11111111- 11011111 again‘ 111011‘ fully-restored to 11111111.

1111111111111 Women's Institute held its 1111111 monthly meeting on Tues- day evening, Rb. 8rd ‘at the home of Hrs. Haber Hardy. Twenty-one mem- bers and ten visitors wsrs pres-111. Roll call responded-to by "My first Recitation," caused a grealfi deal of. merriment. Itklso proved- to ad- vantage the 111111111111 memories of some of the members. 111010 who failed to respond were-fined. The teachers reported that they he'd re- ceived the bell‘ for the school snci that If: proved quits satisfactory. Af- ter the, eiose of the meeting. the popular members who comprised the entertainment committee,’ Mrs. James O'Brien, Miss Janette McDougalI and Mrs. Edward Leonard gave some ex- hibitions 111 1111,1111 .111. whether 111- aot this ehow of the supernatural can be traced heck kfloms glpsy forefathers we cannot say, but ccIr- tain we are that ‘it fumished much _ amusement for those present. bstnty 11:.‘ hments were served and all went homelfeeilng they had spent a very pleasant evening. Next méetin i 11111 be 111111“: the 1101111 111 Mrs. Gordon. ‘ - -' 3'

of Mrs. John ZGcrdon on Thursday, afternoon, Feb". bthfwith s good st-

’ 1111111111111.

i The snnusi meetirl] of flimsdsie pg; 011011 11111111111 111 the 11111 111 Eimsdsle on the evening of Fab; 5th. with s large attendance. The, blist- neas of the your was 11111111111" and ‘the 101101-11 111 11011:- 1111141111 and lesretsry showed that tnscirdu 11 still b11111; good 11111111111. a slight 1111111; 1111 111-one 1111111111 111 pigs 1111 apparent, but both live and drealsed poultry shipments compsréd favor- ably with other years‘. 151111111111. John Waiaice and Secretary". Joseph Dunbar were both reelected.‘ -

Ifrl Alex Ibrsythe pssaedlpeace- fully from our midst in the slrly morning of Jan. 0th. l-le was eighty- six years old and‘ until s few weeks before‘ his death 1111.1 usually active

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as ‘P r‘ ,.'\(.'1'. Sn‘.

VEN

CK AND 1 301110 QUOTA 11 zvs

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Stock Exchange

‘-\ tape-111‘ 111 01111111111111 a 11am)

Stock Open-IIigh'|.o1\-,i.111s1'I Atlantic Sugar ... 1 1 ‘:11 _C Power B .. | Bell telephone | 1 Brazilian H | 211531 21'-

1s-y,1 1.11111 1111/,- 1111.,» .1 121,11, 12%| 12v, ' ' 4:1 11:1

Can Car I-‘dy Cuu Cement . (Tali Pacific

Massey-Harris . Mont Power .. McUoll-l-‘ront

Nat Brews .\':ll Steel (‘at . .- Pavrer Corp .. ... Quebec Power

shawiuignn . Steel of Cana

111T.‘

Sarnia Baby Beaten»

SAULT STE. MARIE. 01115., Feb 14 —The Ssult goes one better than Samla, where the birth was announ- oed yesterday of a baby girl weigh- ing 30 ounces, when the General Hospital here reports having rwo births registered there of babies less 1111111 25 ounces in the past. four months.

Three weeks ago, e. baby glrli weighing 24 ounces. was born to Mr and Mrs Michael Reilly. She is now, doing well and weighs three poundsl one ounce. A similar case is noted In‘, which a baby daughter was born to M! lmd Mrs J. 0. Gray, four months H80. weighing only 20 ounces. Now l“ ‘hi! "-86 01’ four months, the baby weigths six pounds,

Synthetic Air‘ T0 Aid Divers

PHILADELPHIA. Feb. 14—"Syn- that“ =11." wmooaea 111 11111111111 111111 °XYK°"1 B5 i1 means of sustaining the respiration of derp sea, divers 11115 received the O.K. oi Captain Sloan Danenhower, wdeiy known submar- 1119 Ind salvage engineer,

Captain Danenhower, who will command the Wilkins submm-inc Nautilus on Its undersea dash m the North Pole! this summef 111111111 11 diving test at the Philadelphia navy yard yesterday in which "synthetic air"‘was used instead of Mother Na- ture's atmosphere.

“No one has aver been under water bflfvre with helium," Captain Dan- enhovver said as he came up from the bottom of the Delaware river. "The taste and smell are different from or. (iinrtry air. I think its use is entirely feasible."

ADVANTAGES

The advantages of using helium-

oxygen, he explained is that It will diminish the tendency I01- divers to get the "bends" after emerging from great depths. The "bends" are a ty1pe1 of severe cramps. - -“Also." he said, "it. will increase, 1111i efficiency of divers as to the-i depth they can go, the time they can‘. work under the surface and the speed with which they can go through the. decompression process.

.“Ordinary sir has considerable nitrogen in it and this, under great1 premix-e, dissolves in the bioodi When the pressure is decreased the nitrogen enpands in the circulatory system and if this happens loo sud- denly the diver gets the “bends".

one years married; also by one son Charles. A daughter, Jean prede- ccascd him twenty-seven years ago. The funeral was held on Sunday, Feb. 1st, and in spite of cold wasi very largely attended. The service was conducted by Rvev. Mr. Fow1es,1 of the Presbyterian Church, Albcr-l ton, 11111111111 11v Rev_ Mr. 11111111, of, 11111 United Church at Eimsdale andf Rev. Mr. Stanford, of the Nazarene,

iChurch. The service at the gravel "ink BMW".

was conducted by the Masonic Or-

der of which he had been a member‘ were '1'. .A. Matthews, I-lcnry win; llama, Bruce Currie, A. D. O'Brien, Abraham Mclnnla and l-lugh Wil-i liams. The floral tributes were very- bsautiful. some of them were a

wreath from the family, a wreathi from the Women's Institute and an emblem of the Masonic Order from the Masonic lodge-E.

jlinarsl‘: Idollvlenb aisle Inn Int.

fll5fifiiififitfiiiflftfi“ - An

Annual Examination

of Your Eyes will Ssfrgnartf Your Vision and Comfort

widow,,to 11110111311 1110116111 saw- \ ‘ _ ' '

‘for his years. He is survived by his '

771c- Montreal S‘ Airway- See

Vast Developments

1 1

NEW YORK. Feb. It-The new year finds the east and west struggl- ing for air traffic 1.111111111111111 in the United States. Tulsa, Okla. which last year boasted the busiest lir"1,'.;."'t._ in the United States, is finding the? competition of Newark, NJ, very keen, although Newark is a new-_ comer In the aerial commercial l leid

a

BOSTON, Feb. 14. -Scmcthing Isl wrong with the fishing industry. Itsi captains, ashore 11nd afloat, were in!

agreement on this pointy recently, 0-11 w. little else. ‘, Individual catches have been

growing smaller and many of the- men who‘ brave the north Atlantic's fury in fair weather and foul to reap

i the harvest of the deep say there are ‘

lFishcrmen llaving ‘King and gmoking May Their Troubles l Queen ieturu I Harm Girls Health

LONDON, F‘eb.14-—Ti1c King 11nd‘- TQRQNIX), Feb, i-I-While the queen returrfed today from Sul1dr11lg|young womfn may have as much so- iam, where the; have been slaying] 9,111 131,111 10 5111011.. as the young lfnce Christmas. preparatory t0 lllvi 111x11, that is not the question which 1penlng next wusk of 11011110115 "111. ‘concerns hcniih authorities. The iie season,‘ during willcil both 11111131101111 is. whfthcl the Young woman "a number oi engagements 1o fulfil. i121»; 01111111 strength and resistance to

Two lnvestlturcs are sciwdukd lUi‘,,\\'ll1'tl'\'['1' iii efforts smoking may this month at Buckingham Palarwyiliave explained the Hon. John M. the first a full dress; function 011 Ft-i; iitoiab, liiinisrr of Public Health.

Tulsa this year landed 11-1 111-st‘ no longer as fine fish in the sea. as g4 and the other a private mvcsiii ‘win-n he addressed the Samaritan

place among the airports of the country with a total of 175,000 pas-l sengers handled without an accident. Newark, whose airport was opened for national traffic only last autummi has achieved the record of dispatch- ing more than 50,000 passengers in less than‘ four months. Ofllclals of the Aeronautical Chamber of Com- merce, express the belief that Ne- wark, in 193i, will take the suprem- acy from Tulsa.

The Washington-New York busi- nea has been e. boon to Newark. Planes now leave every hour, be- tween ’7 a. m. and 6 p. m. from Ne- wark for the capital and the trip re- quires less than two hours-three hours less than the fastest trains.

More than $20,000,000 will be spent. 1 on air terminals during 1931, the: Chamber fePoris. Last year the ex- ‘ penditure was $15,000,000. The ter-i minal investment represents a ma-f jor share cf the total air traffic in- i vestment in the country. There are i 1,655 airports in the 111111111 States,

l

_750 of which have the ranking of air

terminals.

Last year air transportation car- ried more than 5,000,000 passengers. Of these, 1,475,348 were regular pas- Sclliicrs from air terminals and 3,- 779,999 were taken on chartered‘,

1

flights or short pleasure hops. The ' total cost of ntaintaining the air ter- minals was $7,669,570. Nearly 30,- 000 acres were added i0 the existing airport area last year. A total o1- 4,961,950 landings wereunade at 1,119 lermlllfll-‘i. 25,577 landings for every’, accident. 1

Commerce last year lighted .3,321|

ever were caught. ‘Fney say modern methods have damaged the fishing grounds and prescribe a return to methods as old as the industry for a remedy.

The men engaged in the ancient method of catching fish with hook and line claim a shortage In fish has been brought about by wasteful oper- ations oi’ steam trawiers. The faraw- ier men deny this, but their argu- ment: mightlcarry more weight if so many of them were not tied up at the present moment, unable to oper- ate at a profit.

The Massachusetts Fisheries As- sociation hes statistics to show that no shortage exists, that the fish brought to port last. year actually re- presented an increase. It is inferr- ed that possibly more power tzrawiers were sent to the fishing banks than was for their own good; that the catch was divided between too many vessels.