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..

TI ONS

i

cnAnwrTi-zrqn

n'—-—

r ,,, ......“ ' mwlflld-

no

Wheat was strong. Saturdays ‘dim was encouraging m the bullish viewlflint but lur- mer confirmation on neuter act-

‘Mtywiilbeneededforltto be

ccrivincirll- ' Iaidilaw and Girnpany. 601636.411!

NIIW YORK, N. Y., June 10-11. s. Steel May shipments at noon today-

~ ‘Steel opera/thins dur- past week declined 1 1-9 points t9 41 percent of capacity.

Auto Mire. Association reports Quip output in U. B. and Canada m May 977,754 units against 501,- mlnspriland 9606161516“ 1934-

Bales o! General Motors cars and bucks to consumers in U. S. dining May totalled 109,061 uriiis against 143,909 in Arpril and 96,- 53 1n May 1934.

Amer-inn Tel and Tel April net gperatlllfl income $1,249,169 against 31375564 in April 1934, 4 months 55,106,511 against 85.815548 in like i934 period-

Western Union ‘lelflmbh Oc 4 months net income equal to 89 gents a share against 70 cents s. share in first 4 1110111711601 1934. April net in $521,200 against $204,134 1n Aimil 1994.-

National Power and Light and subs in l2 months aided-March 31, 1935 net income equal to 96 cents a common share against 92 cents

‘ in previous 12 months.

High Low ‘r... Up

.71 .17

‘Ill

1nd .. 114.88 114.12 114.72 Rails 81.05 81.40 81.50‘

$888

Uidl . 21.05 20W 20.98 unch Bonds 95M .05 Dow Jones.

BANOWS “MORNING LEITBII."

MONTREAL, Que. June $01- Prices rallied Saturday in s - pithy with a markup in silver shares stimulated by Washington reports that, the Congressional sill- ve: bloc would now make a. str drive to boost the domestic oi silver-w 81-29 per ounce.,_1n view oi the disturbances whigh followedthe last markup the pre- sent effort, for a higher ievc: for silver is likely to encounter oppos- ition. Msrloet wise the action of most of the silver shares does not pninl, tn anything better than a tqnpmqfy rally. In general the "alllasish rally which deveiolied in the industrial shares urn-iris out weekmaybeclassedasa feeble test or the was recently estaiblsh- ed. Any temporary strength which" may develop should be accepted as an opportunity for sell-ins 0i ill- dustria-l shad-Q.

Castle Trethewey, Eider-ado and Smokers rallied in sympathy wllh. strength shown by silvers in New York Saturday. Gold shares fluc- tuated in a narrow range without showing any signs that the dull- riesr displayed in this division is likely to be altered in the immed- iate future. ‘

BARING LETTER. Ilturday Afternoon

Nlliw YORK, N-“l. June 8- Gwcks advanced further and the industrial averages are back heal‘ 115. They am good for i0 minis more during the next 3 weeks. which means that some individual stocks will do a great deal more. white some will do much less. Phillip Morris is still my first love and if sales during the next 24 months continue to increase at the same rate as they did durina last ii months it will easily so l» 86°- Those who failed to buy it around 37 and 3B should buy a little near

48. w as not to mis it entirely‘. 1! it should not react m 47 mill- Dont tab profits till we tell you

i still 641' bouaht

could still be bought excuse it please, but Bmslting rose 2

15555:

month and will have

Bowler waldtrendilmmthelow point

MARKET cossm

about the same.

Noranda was the only soft spot in the base metals, losing 75 cents. , Bherrltt, _Waiie, Fslconhridge, ' Base Metals Corporation and Pend Oreilis iirifshed the day unchanged and Mining Corporation closed on the upside. Oils wre quiet and un-

C‘ ’ l Research

ehsrlsed and sagged 18 cents to 1.17 in heavy

selling. ‘Irsding was negligible 1n the (senior golds except in Pioneer

where a loss 0160 cents to 010 was recorded. Brulome was steady st 4.80, up 6 cents and Wright Hur- ‘greevee added i0 cenis- '

Duo llluanfa for Bruises

DODIINION 0F CANADA PROVINCE 0F PRINCE EINVAIID ISLAND

In the Probate Court l0th George V.. A. B. 1085.

In Be Estate o! Margaret Murphy, late of Morel] in Klnll County ll said Province deceased lentils.

By the Honourable H. L. Palmer, Surrogate Judge of Probate, I.. 0.,

To the Shefill of the County o! lillls County or any Constable or literate person wlihln said County.

GREETING!

Whereas upon reading the petition file el Harvey D. hloliwel u! aforesaid, Gentleman all

Kelly of the shine ma, Butcher, the Executor: of the above named estate praying that I oltfllbl may be Iaaued for the purpose herein- aleer- act forth: You are therefor Isra- hy required to rite all persons il- tsreateal In the said Natale to he all appear before rue at u Probate Co!!! to be held ln the Court HOIIIQ ll Chlrlottstown, In queen's County, ll the said Province, on hunday tho eleventh day of July next, colnlu], M the hour of eleven o'clock fore-noon cl the ‘same day lo ahew cause i! any they can why the Aer-cunts 0| the aald Eaials should not he passed and l‘: Estate cloned as prayed (or In

d of I- Iraneia lifacrhre. Yroctar l" said Petitioner. Alld ‘l do hereby order that u true copy hero-

bs forthwilh published In some u spam published In Charlotte- III! aforesaid once In each week for p4 least four eunaeeuilve weeks from the dole hereof and that a lruo copy posted in the reapeellvely, runny, In Court ltouae In Georgetown In Kinda County aforesaid, In front o! Ilia Ihll In Marvell aforesaid uml at the store or Diugwoll and Iiusalla In llsrsll allleanld a0 that all persona lute: sated Ia lhs aald locale as aloe Iraq have due notice hereof- lllvu undo; uiy of the laid Court this 6th III!

rnntiol

petition and on lam,

at Jule Ag 0.‘, 1m and In the lllh year et- m: Male-WI

“i... (ll

‘ I

“ ' ll. 11's LIII. Jud of Probate. I W77 T 7-

Mt’l‘. Stock‘ 1 Exchange

o! 7' W" mm llmuoirnoed in the last week oi’ Mhy than it has ___. beeninctber-zecemperiommi- (quoutiouarumialiedirylohnahn Wlilhydmflmnqimtiiiea Mu- uuiw Mslubera osmium-i Loren Quebec Power Company that Stock , Curb July 1 addition, t0 loud, under pre- Mallet, 156 Richmond Street» ant contract, will not be aooept- C‘ lottetown). sulis- Btcc Can Olin 06.71 , Can oiCanadsmovedwanewlowon 0911081119010 59‘ the current decline in this mm-n- 96-h Hydm Elw 111d 43 45 ing‘: session. Pilobability favors 0w Ind Al A -- 8% 8* oontinliationqfthg magnum OeriIrid AlB .. 7% 7% lower twenties, ~' . nation or Can North Fow 19 19 llbrdArnsybetrmiedtothefactfhn ac . . . . "1056 10% tha/t peak season for the auto in- Cookshutt Plow 7% 7% dustryisover and hwmwiil Ooheflhiell 1'14 173%- have to wait until the leis fall be- Dom Brldze -- 99% 39* iorethestockmginstil fUBOOUnt-DOMCOGJpId ...180 130' the improvement which may be DWI 51169190111 B - 4% 49‘ anticipated in 1996, Dom Tex Cour 69 Baum . 5% 5% EX CHANG ‘“ . £75 ,‘ . '11 ‘(gumuan pm”) Natl Brew ..... 36 35V: Moqqrmgu,’ June loqarmm Nat Steel Car 15 15 and foreign exchange in relation to Qlwb“ PW - ' - ~ ' " 15% m the Canadian dollar as compiled 5° 1”’ °°'P “l” m’, by the Royal Bank of Canada 5119819189“ - - “"4 W‘ c1059‘; today as gou°w5._ South Can Pow 12 12% Argentina pew 3555 Steel Co Curl Com .. 48% 48/1 Arguing pound 3 9394 Steel CoACan pfd 44 44 Austria schilling 1909 r gfumurglbelg‘ 190a BANKS ria orig Kong dollars .5661. Czechoslovakia. crow-h .0420. WWW Del-mark hm1e_m_ Montreal -.. .... Fun“ 1mm m“ Nova Scotia . . . - . . .. Great Britain pound 4.9301. R°Y°1 -- 15° Hound gm“ 5795' Bank o! Canada flit Hungary pengo 298' India rupee - .3737. , n GRAIN J-ugoslavia dinar .0230- New Zealcnd pound 3.9791 . - Norway krone .2480, ’ Poland nloti .1000. .,,,,,{,',-",,O‘“""“,,,,,,'"“‘I,,Y"“’ South Africa pound 4.9094. wemt._ ’ Spain pweta 1378 -_ Sweden .2646. “m, h‘, y“; Switzerland franc 3m. United States dollar 6-92 per 333/, 5a 335g cent premlum- » My, 33y, 34% NEW YORK, June lo-llkneign wit, 359g new exchange steady. Great Britdhl (lg- ' \ mend hleh 4 as; low 4.91m: dloee 4 92%; 60 day bills 4-9184; France 335g 3114 52% 6.62%: Italy 8.26; Belgium 17.00; ass; 74y. 75% Germany 40 53; Canada 99% 531/, 53 53% ' MINING w‘ l‘ l“ 34 33% 38% ___ am am sea To (Canadian Press) RDNTO, ‘ June IO-Silver shareshsdthemain playonths vvggfim"june w“ mining section cguiue lwonto ex- ' change today w e base metals 2.11;; golds’ were slow and ‘w mlh u" u“ - A ew penny stocks ed 1 in good volume. sharing the in- BM 83% 83% terest with the silvers but the sg- Dec " gregate turnover was only 860,000 “ shares, representing a. considerable 0M5._ drop from thereeent sverageflrhe July __ __ _ __ 40% 39% 4Q exchange index for the golds siag- Sept _ __ __ _ 35% My. 35% ed .21 and for miscell ursshares Dec _ ‘ _ _ __

_-i..i____.

M T’L. CURB

(Johnston and Vlard)

halirl and Sal 5 00

i hrs-Or

IV. Y; Stock Exchange

The

wage.

itisfor

lkelrs usual has (Quotation Ila-ribbed by lohnlul and Ward bra a! the Hunt real Stock I0. Ioulrea Curb Market. 166 Richmond Street Charlottetown). Stocks Opolll nae _ Air .. .. 196 167 Allied Chem ... 1.. 140% 161% Allis Chaim 20 20% Atl Ref 25% $56 Amer Can . .. 1R 182 Am Car Found... .. 16 16% ....... 14 18% Am Pow Light .. 4 3% Am Rad . .. -... 13% 13% Am Smelt Rig .. .. 43% 43% Am Sugar .... . . 59% 59 Am ‘Del Tel . 128% 129% Am Tob B ... 87 88 An Copper ... .. 16% 15% Atchisori -... ... 41% 42 Auburn Auto ..-- 19V: 20 Bald Loco . . .... 2% 2% Bali. Ohio . 10% 10% Barn A - 3% 3% Ben Aviation ... ... 13% 13% Beth Steel ... .. 26% I Briggs 8% 28% ByersAM Burr Add Mach ... Con Oil . 20% 20% Carl Dry Gin . Can Pac .. 10% Case Thresh 10% Cel Corp .. 3% Com Sou 1% Cong Nair-n 35% cries Ohio 44% Chic North ... 3 Chrysler Mot ... 45% 46 Columb C-arb ... 88 86% Col Fuel Iron 1% 1% Colum Gas Elec 7 0% Com Sol 19% 19% Con Gas . 3% Con Oil .. 9% Con Can 33 Com Prod. '75 Del Hud 99% liiast Kodak 144% Elec Auto Lite . 30% E160 Pow Light, 3% 2% Erie 8% 8% First Natl Stores 5i. 51 - ll'reeportTcx-.. 26 N Gen Asphalt . .. . . 17 Gen Elec .. $56 Gen Foods . 35% Gen Moi: ... 31% Gold Dust . 15% Goodrich Rub ‘ 8E4 Goodyear Rub 17% Graham Paige 1%" Great West Bug 90 Houston Oil 14 Hlud Mot . 7% ti Har .. 4° Intl. Nickel . . 3% Inti Tel 8% Johns Man .. .. 49 Kelvinator .. 13 Ken Copper 157w 1.1g Myers B 112% liiquid Carb 2% Loews Incorp -. . . 40% Loose Wiles Bi: .. .. 37 S’! MoKeesport Tin . . 115 Mack Truck . 19% Math Alkali - 29 Miss Kan . 8% Mont Ward .. 25% Nash Mot .. 12% Natl Bis 29% Natl Dairy Prod 15%, Natl Pow Light . .. 8% New York Cen .- 16% North Amer . . . . . .. 15% North Pac 17% Pack Mot 2% Penn Rail .. 21% Plrb SerNJ... 34% 34% ‘Phil Pet » .. 211/4 217a Pullman Co 41% 41% Radio Corp . . . . . . .. 5% 5% Radio Keith Orph . 2 2 R/ep Iron Steel .. 12% 12% Safeway Stores . .. 39% 89%

Sears Roebuck . Shell Union Oil Sim Co .

Blocks Opened Last m V“ Beouharnois I 3 smlth P” ~ -- South Rail .. . Ex: $311; clffd" _";_" n? ,2: string grangf. as? 1;: Brit Amer- oii 16% 1cm 22:31 oijscallw -- 3W 3m ohampoup“ “ a’; Stand 01111.11" ‘f: 49v: 4m my, Btcwart Warner 9% 9% 7% Studebaker 2% a‘ TCXCO ... . .~ 21 2-, TCX Gulf Sui . . . . .. a4 a4 30% Tim Roll Bear - . . . .. 35% 38% m, Union Carbide Carb . 59% 59% m. Union Pac so ioim. m United Air .. m4 nu Nor-ande._ . 2:915 4:340 ‘gfiltfig g3"? s“ 3* w m United Gas Imp lav. 13% . USInd m .. 4w. 4a Walker Good .....24.4 ,24 U a I M - ..... ‘m’ ‘a Wdlkflr Good pm rm 17% U s grim m‘ 1m “m” m’ m m u s Brltielgr " .' 111 ru ' _ ,_.=___. u s Steel . 82% am Van Steel .. ... 12% 12% M‘ ll "i" ""8"" 53°53? °° .331: 5t West m» 4am ms (O PM!) Woolworth Co .. m. 00% MONTRRAL, June 10- wom; pump Wheat nor no I 87- Yellow ma: .. 2% m. Barley. O W no 3 40 Oats o w he a s1. , Oats o w no a as. o“ M m 1 a New York Curb ricur swing wheat patents. -r-—- firlts 85.10. (Johnston and Ward) ma: seconds 4.2a. Flour bakers 64.60. Last Flour winter- wheat choice no w 2.00. 101s rims- white corn 6.60 w a so mt Bran ion ‘as-as vs not. m shu-is ton ans is a1. . an madlinp ton 28.26 to 0% Rolled cats bag no lba a 0s 1st Hay no 2 per ton ca-rlota 7% Cheessnoloirr-Ont0l-4 am 101-8. or Butter no l I) to M l 60 Eggs in cartons A large 26. 20% ma; A m 28. 6% s“; s a1. aria Eggs o 2o aou. Potatoes North Oar tibia-l 90 to 1%

coon! wnnr sane

bottle oi wins to natives a white ouian was fined 6126 or three

Q

CAPIEUWN-Ioraeilinga‘

TIIE

"AMA 00am we!

IIIIlIlPllIéI-G

bowl! lllll

depressed ' of farm rodu ' Hem with '- ' " 19l3l_basis_ fargflggoduct price liacteunfargt-obeeu u lo filggmnfleeweagi gasp me did not nae in price to nearly the same extent as farm products, yet sir.

price has almost continuously‘ declined. The data foe the above graph me based on figures

lvyabeDoniniouBrueauefSsalisicu

A DYING WAGE

‘WHEN we starred business 111.1860 our first rule was eopaysfairiiving

In 1919 we decided a living wage was not enough. We should pay a dying wage, too. We knew how hard

the worker to make provision

for his old age and for his dependents is the event of his death.

Io we introduced benefits and pen- 1 sions plans. Sickness - benefits

the

incapacitated employee to coneinue ‘ drawing pay according to his seem of , service; pensions-a fair living allow. l ance for the worker who reaches old

age ; death benefits-la cheque ately for the deceased worker's family.‘

These things lifted a bur

from our employees’ shoulders-mad; _ them happier, more emerpriaiug and .

more eiiiciene. They lifte

from the shoulders of the Canadian

taxpayer, too.

We are proud of ibeee have helped so mach so

loyal organization of thousands of

Canadian workers. Their

dieirworkhssmadeicpoasiblefbgng

to serve Canada with quality pscdueu at lower: and lower prices.

l-IPIIIAI. 0|]. LIMITED

sieu or

~k ‘k ~k |MPER|AL a FAIR DEAL

PRODUCTS

1920 it

denolcue

debut-den

planswhivch buildup;

devotion so

Currencies

(Canadian Press)

Montreal June 10—l1‘he pound sterling, the French franc and the United States dollar all moved up frsetimially on the Montreal ior- eign exchange markets today. Ster- ling closed at 4.93, up 3-16 of a cent while the dollar advanced l-32 of one percent to 1-00 5-32. The franc was up .01 of a cent at 6.64 cents.

NEW YORK, J1me 10—l..e9.dil1g currencies were practically at a. standstill in the foreign exchange markets today. European exchang- es were closed for the Whitsuntide holidays.

The pound sterling at $4.92 1-4 and the Canadian dollar at a. dis- count, of l-9 per cent both were unchanged. The French franc, closing at 6.62% cents. showed s gain of 00% oi-a cent.

LIVESTOCK

(C. P. by Guardian's Special Wire) MONTREAL, June ilk-Offerings on the iwo Monzresl livestock mar- kets today totalled 21,864 head Cattle receipts 053. [here uvas a. light offering of cattle today, making the thirri consecutive week of light runs. Prices today seem to be just about steady. Less than 100 cattle have been weighed at ime o! writing. Good cows sold up to $5 with medium cows from 33-25 to 04-26. The ierv steers sold $5 t0 $5.25. There loads of good quality

a

253% i i?

i ts 1,401. Calves were prices were estimated to 50 cents lower than inst Good calves brought $6.50 96.00. Medium good to good ds were horn $4.76 to 95.00 and to medium kinds from 98-50 to Common calves were from

ireggg '85

pa: a . s2: as; s:

receipts 1,961. Hogs were . brought 9.76 to .90fedandwa&ered,w1th100per mlurn on selects. Butchers and lights were 9.5 to extra heaviea 9-75 to 8 90. . Bows

OP Huatilll on his farm at Docrriliuit

mouths imprisoumen with hard labor

Bmmlbitahritaridhiliedtbree butwithcneeartridse

midi-xx _ ma» wruiqbv

t MONTREAL

EX CHA N CE

(Cy. By Guardian's Special Wire)

MONTREAL, June 10 - Unin- spired by the burst of strength dur- ing Saturday's short session, the Montreal Stock Exchange fell into s. slump today and the steady tone created over the weekend reverted to one of irregularity.

The market opened extremely dull with traders apparently only in- clined to dabble lightly with even the leading issues. Despite the lack of interest in proceedings, however, most equities held fairly steady un- til the afternoon when a sagging tendency crime inf» action.

Buying interest ior the most part was centred around Dominion Steel and Coal "B" which was strong with a “in of 3-8 point at 4 3-4. Dominion Coal preferred was also prominent, moving up three points to 130, the same amount it lost at the woakend. Observers attributed these movements f.) an announce- ment 0i a. 40.000 ton rnil order placed by the Canadian National Railways with Dominion Steel.

Consolidated Mining and $111011- iiig, which was an outstanding strong spot on Saturday with an upward movemrint of four points, slipped back today to close at 172, of! 1 1-2. Bell Telephone, on the other hand, advanced 4 l-z points to 128 1-2 while Dominion Bridge was ahead 3-8 to 29 3-8.

Total sales were 7,187 bonds $11,000.

PRODUCE

(Canadian Press)

MONTREAL, June 10—Wl'iile butier prices were quiet, eggs ad- vanced slightly own the Montreal dairy and produce markets today. Butter was barely steady, no 1 in carlots or less ranging from 20 to 20 1-2 cents per pound. Lots to retailers were quoted at 21 1-2 cents for solids and 22 1-2 cents for prints. Arrivals totalled 423 boxes.

Graded shipments of Ontario eggs in carlois or less were 21 l-2 to 22 cents a dozen for A large, 19% to 20 cents for A medium, l9 cents for B, and 17H cents for C Western eggs brought 21v. to 22 cents for A-large, 20". to 200’. cents ior A-medlum, 191-5 to 19

sharps;

Spiritual Offerings, Cu-da,

word. {Other rates on application. Minimum Charge

,,.

BATEh-Zc per word, three laasar tious for the price of two, strictly payable in advance.

For Sale

FOR SALE -- AUCTION FOBTY-

Five Bridge (‘.1111 Whist 560m Cords. uihirh .... Central. Joli Primary. _ Nov. l-tf. TURNED FENCE POSTS. ALL

A Duchemin & Co. L-7B57-6-7-8i.

TRACTOR FOR. SALE—FORDSONr new pistons, rings, pulley, perfect shape. Complete. Cheap. Apply Guardian. 14-7935-6-10-31.

~__.___.________.__c

FOR. SALE -- HEAVY All-OWN Paper suitable ior placing under rugs, eh. Guardian Office.

3-27-tf.

sizes.