' orvs sALAnlr nvcnsssa

‘gill’ ‘ O ,_ , ‘Rcatmcnt t QrCI-IILDREN hategto be Wdosed." When rubbed on, Nicks relieves colds 2 ways ktoacewitliouwdosing”: l, (1) Its healing vapors, itdfiflldd by the body heat. are inhaled direct to the airpefllzfl; ‘ . i (2) “It draws out" the ‘soreness like an old-fash Fiouod Poultice. i

‘oo.?/o‘£.9~‘.2o?a'§»"m°

TO WUMEN EEACHEBS

TORONTO, March i‘.'.—The school flnlnco committee yesterday approv- ed an increase in salary from $2,000 to $0,050 for women teachers ap- pointed previous to June, 1925, the increase for this year only. A, motion by Mrs. H. Plulnptre to include wo~ mfli kindergaficn teachers /whose salaries would amount to $2,000 this

/ HALIFAX,

‘the ellpendituro involved by the in- crease wouldbe about $24,360 for 1929; next year, he stated, it would ap- proximate ‘about $53,830, the year fol- lowing (1931) $87,930 and the fourth year about $128,650.

Chief Inspector Moshier said 3i would reach the age of retiring this year; l5 in i930; 3i in i031 and 13 in i932.

Trustee Hilton was in favor of giv- ing thorough consideration to the question of maximum salaries. He was anxious to know ii the board would continue to receive an increased as- sessme _

Trustee Mrs. Groves agreed that

maximum salaries should get atten- Abltibi 44 tion in the near future. Atlantic Refilling Co. .. . .. ' '.___._..____ Ihdustrial_Alcohol 40%

::The Oil of Powen-lt is not Morin-gal Pgwgy claimed for Dr- Thomas‘ Eolcotrlv National Breweries ...1a2 Oil that it will remedy every ill, but wlnnjpgg Electric ___ _ 53 its uses are so various that it may be Brampton

looked upon as a general pain killer. It has achieved that greatness for it- self and its excellence is known to

t .11-

Norm-ll even. it I: computed utilize about 20% of this Nerve Entrgy, but when Eyuirain is present, p much tall?!‘ 0'09"‘ lion u required. ilcncs defective eyes.‘ through their conlumpi-iflil

of an excessive amount- Mar. Nerve liners! "Inn's sirigaill; M“. _ look indicated by business statistics. ‘ “k” i“ "“‘° °" "' ° .. 40w. His inaugural riiessage, with its re- mxfgih‘ ‘M’ "m “Mm” July _ st tement or the Executive's platform -, near ti“! ' , have yous! arse ‘ w 1 ~ Ex D Miy .. “mi/l 1 a _ my - __ “m... STANDARD MINING axon/mos c‘ E Hutcheson Oct- "' "King Quotations furnished through cour- I OITOIIITBJUT —'-'-"-_'_"" u“ o1 ‘,,,,,,'“H”“*»+~»+1 ‘ l""'""'* “““'“"“ “'"°"" m‘ Louis M ATWELL do co. . Charlottetown Office i M...“ 1, ' Op. Noon Close o - Abana 21,1 217 22o T718 Tlmé l8 1701901111713 . Amulet 22s 22s m Ar no i1 44 a1 me it c am as as rease Your Inco Am y .... 'To Inc Bldgood 41 42 44 . Cap. sou. om 011/. om u, ‘m; activity in use mo! Cen._Mnn. sa so so Du‘ h e k ‘i Olericy .. ... 23 23 23% mum. bonds recent" M" ° Granada . m; gm 24 h g Howey 130 isl 12a mm“! w‘ M" "° "m" " u“ m l-lud. Bay ms 212s mo . The investor seeking mm Nick. coco moo ssso '»“““"““"" Lake Shore semi asoo asoo

[Qng-lgrm investment for consequent 71"!!!" “mum”

his faves.

‘ Osrllfsrch Divestment 0

usywouoavnlfl" \

Reading Co. . . .

Brazilian Traction’ Shawinigan ... ... ... ... d5 Canadian Steamship Com. ..

Wall 5t, New ‘York, March ‘l. IONA-Tho Financial Dis- trict remains firmly convinced u“; the administration of President Hoov- or will be what is predicted by many imillfiiril-i. financial and business suthcritiesr-s period of constructive achievement and great prosperity. That the trend ofthe market has been contrary to these views, since the inaugural ceremonies, is simply in lino with precedent, news" having already been well di.s_ counted in addition to this the sharp ( marking up of interest rates has nat-

- “rally not been without effect. Un- derlying sound business conditions and good trade p. , are still uppermost in most people's minds with an eye to the future, and

Co. ..

Bank Commerce

his runes my. l!

invest-

ment issues confidant that the market is ill

sums 1M "'1 gztremlly helpful to those desiring i0 . advantage of‘ present coiiililifll-

The Financial Situation

High Money Rates Costly To Borrowers on Glllaterals

l! James B. clm

‘Iilursday,

the "good

‘ . however,

. . __ __ . Stock Qaotatrons March 12—Quotstions furnished by Johnston and Ward members Montreal Stock Exchange.

NEW YORK EXCHANGE

at. Top, a Santa Fe. Ry. 190%

‘year’ w” Mupmm American Can Co. ...1l7 Trustee Dr. W. Walters stated that Am‘ c" '5‘ ""05?! 470- "-101 Am. Locomotive Co. ...1l4

Am. Smelt. dz Refining Co. ".114" Am Bosch Mu m have been registered. with the high-

Ana. Cop: Mining O0. N. Y. Cent. do l-iud. Riv. R. it. .180% Consol. Gas Co. (N. Y.) ...i05% Hudson Motor Car Co. 01% International Paper Co. Standard Oil o! N. J. ... ... . 4934. ... ... ... ...107‘.é Southern Pacific M12980 Union Pacific Ry. ... .222'.l u. s. Indus. Alcohol co. “NETS Westinghouse Elcc.

... .1505

... ...151‘.is'

MONTREAL STOCK EXCHANGE

.. ... . 40%

sllwho haveJ/zsbed its virtues and Dun-mm,“ Bridge ___ J01 learned bi! txiltrleilw- . Massey l-mru . 82% Asbestos .. 15 “"'°.*.*‘T“‘““’“‘”*”“ Building Products .. .1 ado Fraser and Co. 7216 1 1 Power Corporatlpn ... ... .112 British America Oil ... 51V: ' 9 Imperial Oil . . . . . . . .. .. 9i a ye tram , BANKS

... ...36'1 ... “.360

> We use this sdioctlve ud- Bank Royal ‘ viiedls- Bank Montreal » Sufism-I fwm wastrel“ m" Bank Nova Scotia ... .405 I have pesuct vision and there- fore do not suspect the .. nco WHEAT , of any eye defect. Mar ... Tho motive ow" l" ‘h’ May .. Entire birun organism is July _ _ I _ _ Nerve Energy. " ' ' , come I

that is the msin reason why l they cling to their holdings so tenaciously.

easily the outstanding feature-of the business and urities market st pre- sent. ed. the greatest total so far this year is now being sold. and largo buyers are carefully figuring their needs, and are expected shortly to enter the mar- ket. slc products, with prevailing levels. the highest since August i027. have been the result. under the influence of this optimist- ic trade situation. and partly under that of the recent? financial» plan, which will doubtless be ratified by stockholders, has been able to main-

Bcmuksblo Metals Situation The re i “ metals situation is

So far as pig iron is concern-

Firm and rising prices for ba-

U. S. Steel, partly

tain itself at nearly high levels. tem- porary fluctuations excepted. As for copper. another series of advances have brought it up to 10 1-20 ered at domestic market points. with 19 0-4 c. c.i.f. European This steady advance has been rendered possible by the constantly broaden- ing uses in which copper is current-

“.107

"lalm is the best that has been known at '43:“ this season of the yes; for a good

.. 9B1’; inauguration Strengthens Confidence . “i008; The general developments accom- ..l03‘.i panying the inauguration o! Presi-

.. 471i celvcd. as tending to support the out-

iy employed and the excellent de- mand in standard industries in which it has always been an essential ma- terial of manufacture. 1t is not strange. then, that further great ad- vances in ‘the favorite copper stocks

est general level of prica yet resch- ed in that branch, which apparently are Justified, based on earnings pros- pects, split-ups and so forth. » Business Future Optimistic.

It must not be supposed that the prosperity of copper is simply an iso- lated case. On the contrary, news developments continue favorable in practically all directions. Real im- provement in cotton is predicted by some usually well-informed observ- ers, while uncommonly favorable spring prospects ‘are seen in many industries. Occupied capacity among steel mills is the highut for a. long time, with approximately 06 per cent of the full output being utilized in some. Announcement by the Amer- ican Telephone and Telegraph Com- pany that a further authorization of , new capital amounting to $500,000,000 t-o cover probable stock Issues, in fut- ure months, reflects the success of the enterprise and the size of its pro- ' gram of increase in plant and equip- ment,—a program which has been re- flected in the investment demand for the companys shares for some time past. Automobile orders have run so heavily as to promise record. pur- chases by the public during the first quarter of 1929 on the part ‘of the more popular concerns. As for gen- eral conditions. an advance of 23 per cent in bank clearing during lfebru- ary and improvement in most parts of the country in car-loadings afford good evidence of the direction that is being taken by production and trade. Employment reports show that the demand for labor, the country. over,

while.

dent Hoover have been favorably re-

Min. 0011f!) sss sas sss Nowbco 4o aw. Norands . coco sooo Pionoer si s1 s1 shor. ‘cordon .. ass oao m Bud. Blsinim. mo mo llss no: Hughes .. sso no oso arm. Yukon .. 1m 1m lsso Towsgmso as ass m Vipond no no us windmi cs m o1 Wright nu. no no m

“...”..- 92 8'1 N

inn. lasts o», g _&-llWs..-u ll l.

‘THEfCHARLOTTETOWN “GUARDIAN "

DRESS UP FOR EASTER! A Look after your wardrobe NOW, Sir! .

DON'T wait forlthe warm and sunny days of Spring to re- mind you that you need new clo-

thes. Have them all ready to wear when the time arrives.

What. better opportunity of rea- son than Easter could you find to ‘ replenish your wardrobe.

Shirts

Men’s new shirts for spring. The ‘popular-r plain shades, White, Cream and Blue. Collar attached, _ or with separate collar, t0 match. Good quality Broadcloth. Dress up in one of these for . . .

as to freedom of business from unwar- ranted interference by governmental agencies, is regarded as conservative and sound. and undoubtedly will go far in its effect on big business, which it is confidently believed has come to stay for some time to come. The expected session of Congress, as now indicated, is to deal with form relief and a "limited" group of tariff dut- ies: it is hoped the extra session will be comparatively short and produc- tive ot as little debate as possible. General problems of economic legis- lation, such as railroad consolidation, public utility enactment, and others of like sort} will doubtless be deferred until next winter, at which time the new Administration will be more firmly settled, and will have develop- ed ‘its legislative program more com- pletely and positively than can be possible by the opening of the short session. Failure of the Senate to provide for the investigation of bank- ing and currency conditions that had been proposed, with suggestion that sittings might begin during the le- cess of Congress, is taken to indicate that there is no general disposition lo embarktupon any random attack upon business or financial conditions at large. A constructive attitude on the part of the new Administration with regard to railroads and public utilities,is counted upon as probably helping quite materially to bring about favorable decisions on the part of the Interstate Commerce Commis- sion in respect to the pending con- solidstlon applications which are now before it. .

Credit Situation It s Btsnlistill. The statement of the New York Stock Iblchange for the month of February showing ls it does a drop in brokers’ loaq by about 857,000,000 was regarded by some as indicating that the development or these-loans may have been brought in a stop, cer- tsiniy for tho present. Simultane- ously therewith, announced in Federal‘ Rom-vs conditions sliiw that the reserve situation is likewise - affording some indication of more

iciaris.

rent credit. hundred selected common showed. during February. a. recession of $613,000,000, of about 1.76 per cent as computed by stock market statist- Although the Federal serve Board in its reply to the Senate resolution inquiring what legislation could be suggested for the purpose of checking speculation. made the as- sertion that it had the question con- stantly under advisement, the that it made and that unofficial Washington have pointed to a dis- tinct disposition on its part to wait for new developments before taking any fresh step, have led to general acceptatlon of the view that nothing

$2.25.

The total values of one

lo s_ o, o_ n -_-_o_o,_|,_s

‘ Ties

quards, qu

Young Men's Spring over the new form fitting. double " breasted models, in fancy light and medium tweeds, all‘ sizes

ll ~_‘.I.I;I_-.v uvnam qvml cl o0 l I

\

This store is staging a‘ special. “DRESS up for EASTER” weeki from March 11th to 16th. Ahead pf time’! Certainly—and you“ "should take advantagetof shop- ping ahead of time so as to be ready on time. Make it a. point to inspect the wonderfully complete‘

range.

At the Men’s Store

Overcoats

Young Men's Spring overcoats, slip on style in fancy grey and fawn tweeds, single breasted

nlodels, all . . . . . .

Men's and young men’s spring overcoats, fancy grey, fawn and dark mixed tweed, single breast- ed models, slip on styles

$10.00

Thee-finest range of spring’ ties you have ever seen, small pat- , terns, regimental stripes, jac- ties brilliant and ties '

75951-3135 sl-so

THE MEN’S STORE

MOORE o McLEOD Limited ,

119-121 Queen Street, Charlottetown

stocks

oars. Re-

cilange in the situation. fact no recommendations advices from

GU88 0F SERVICE

SYMBOL

Telegram

lJsy Letter

Blue

Night Massage

Nils

Night Leila-

NI.

ll nono of iiiou three symbols sitar the cheek (number oi

l this ls a ielsgrs wisoliscillrsetorislndicatodbyiiis _ symbol maria alter till

m. Olim- NEWCOMB (ZARLTON; MIIIIDINY}

check-

is likely to be done just now in that direction. and that the Reserve auth- orities, so far as the present is 0011-. cerned, are inclined to rest on their An advance of 1-2 per cent in the Dallas discount rate announced at the close of last week may be fol- lowed. as often foreshadowed in these columns, by similar advances at other interior hanks without any material The March 'I‘reasury financing makes immediate local rote changes unlikely. though. indeed, it is an open question whe- ther a moderate increase in the rate of the local bank would bring any de- cisive alteration of the status The credit situation is too broad and ioo complicated to he absolutely con-

trf .\i

WESTERN UNIUN

moment.

quo.

atom: W.‘ mirriilhsinnss-‘Tvreu-"iirom

coats in

Light weight coats for. men and young men, slip on styles, single breasted coat, all wool clothes in fancy greys, browns. and "fawn tweeds and the new overcoats all

“$25.00 sum $35.00

trolled by such means at the present

Recurrence of high money

ratesphowever. shows

conditions continue very tense. Market Outlook.

The cry of "Wolf! Wolf!" has been heard so frequently with respect to the strained money situation that the general public have shown little disposition m regard it seriously. looking upon the numerous wamings that have been issued from time to time by the banking authorities as mere gestures: and this attitude on their i-t may continue until more drasti measures are bring fa halt m the wild speculation that has been going on with little or no interruption for the past couple

March 11th. to March‘ 016th.

Suits

Young Men's fine worsted suits’ in plain and fancy blues, herring- bones and fancybrowns, single and double breasted models

’ I

Men's and young men's all wool serge suits in plain navy blue, guaranteed fast color, single and double breasted models, pink bo- tany yarns .... ..._._...,

. I

The new double breasted vest ~

suit in plain all wool. Blue botany \- l serge, with small ‘pencil stripe, /

single breasted two buttoned» coat, double breasted vest, ands

pleated trousers "...-n... '

Men's all wool hand tailored scotch tweed and. ‘worsted suits in fancy greys, browns, and fawns, single and‘ double breasted models. These suits tailored by

Lounder, Toronto FflC-‘Iafbgu Gloves i -..:

New Gloves for Easter, come in and see the popular Deerskin, which gives yowsomething very dressy and smart. Also an excel! lent wearer.

Prices .. . and " .

that credit

ers’ loans and in lowering b0 values on collaterals in loans. they should finally determine on general market would receive ‘a m

em"! 3°!‘ E 10115 while. It contin to be true, therefore. that in the "

enforced to

rallies permit.

i i v

"—"i~——--un-v . . of years. Notwithstanding gong? ~ ‘ the contrary, there is little doubrth}, the Reserve authorities, with the of the member banks, have it in that‘, Dower to put the screws on by one ~. 111g excessively high rates forulsmko‘

policy. there is little doubt that mo’,

imulgysunt jolt than. it has gypsy‘;

sent situation it is wise to watch cool mitments unusually closely and i make purchases only on a carefully: selective basis, taking profits -5111.“

to

moderation in the dsmaud for cur-

v

ilEtEiYEii AT To JOHN A. NICHOLSON

HAVE BEEN

’ 145 Great George Street

BUNKER HILL EXTENSION AT PRESENT PRICE OF

SPECULATION. AND HALF SHARE UNISSUED. OTHER DISTRICTS. REGARDING THIS COMPANY. ACCOUNT AND RECOMMEND 1 clisli AND FULL PURCHASE PR

was COMPANY HAS THREE i-lUNDR HAVE RECENTLY AQQUIRED sour EXCE CONFIDENTLY INFORMED rillir REAL coo HAVE PERSONALLY PURCHASEDTIFTY THOUSAND SHARES FOR MY own '1' T0 our. CLIENTS AS A SPECULATION. ' ' ICE COLLECTED wrlll EACH ORDER.