A C MAY 5. 1937 ‘ -___ v, . THE <'nAai.oT'raTuwN GUARDIAN won luv;-3 NEW YORK. May 4-According 5° Dow Jones the London market 5 better today. Directors of Gen- eral Motors after the cloge lug night declared a $1 dividend. This 5 more than expected due to the tact that directors only reported 99 cents in the first quarter. Mr. youll now president, was made :hail-lnan and Mr. Knudsen was mos president. Radio Corpor. .llrir/b ith (ne first quarter reported 10 cents a share against 3 cents in zlle corresponding period last year. Dividend meetings scheduled for :odliy include Columbian Carbon, 1-ionic take Mining and Timken. ln view of the fact that London mar- ¢et .shows a good tone this morn- lig, we would also expect the New Ynrk market to do better. How- ever this would be the fourth suc- ze-sive :lay of advance in indus- zriais. consequently from a trad- _llg standpoint, we would be in- :llucd to lighten on strength to- ~la_\'_ Still like action of the oils, lnvlllls, rails and farm imple- "l1\‘lllS. MONTREAL, May 4-Intern nnllollal Nickel dividend 50 cents ril>t‘im'_ed for the second quarter Juabie June 30 record date June l. Asbcsto‘ - Shipments February up 60 per cent and for the first into months this year ahead 46 per cent over the corresponding acl-rolls last year. C, N, R.. ann C. P. R. combined gl-o~. earnings April up 13 per cent and first four months up 11 per cent. Gypsum-February 0 i, t Der liiesnt and for theuptirsgptgg mont up '11 pe L periods lr 1936. r cm we' we AVANCOUVER. May _-C and p,_ calgew agreement with Royallfe of for Jie completing of a serie; wells on C and E acreage, Good progress is bein! made at Sterling Pacific N0. 5. Other operation; on C and E ground include Mercu.ry Royalities, drilling at around 3000 feet and Prairie Royalities which was spudded in early Mércn. A test wellrpmay be drilled on me companys lease. about six miles south of producing crude wells in Turner Valley. » C.andE.isab.f Ca Edmonton. V or mary and NEW YORK. May 4-stool scrap 15 888111 acting as a barometer for the steel trade the price declining while the ratio of steel operations here declined to lower levels. There Is some expectation that the 51-eel 'prices for the fourth will be announced by the end of June. UNDATED MONEY BOX Closing exchange rates: At Montreal-Pound 4.92 11-18; franc 4.49: U.s. dollar .99 la-le. At New York--Pound 4.93 5-8; franc 4.49 3-4; Canadian dollar 1.00 3-18. At Paris-Pound 109.80 fr.: U. S. dollar 22.33 1-2 fr.; Canadian dol- lar 22.28 3-8 fr. _ In Gold-Pound 12s; U.S. dollar 59.54 cts.; Canadian dollar 59.60 cents. _ V Y <...._..._ .. ,.....__.___.__».... ..__......411-. New Issue- Dated May 15th. 1931 3% % Bonds at PRINCE EDWARD ISLAND 99.50 and accrued Interest Irving, Brennan & company, Ltd. E. M. BAGNALL-MANAGER Bank of Nova Scotia Building, Charlottetown w.lr|.I. Utlrer rates on application. J CHOUODOFDD&ODDD§ ______ A For Sale ‘-' ' ‘f‘.__i-f 7'-1'___;_1” Hilsborough St. L-I7-5-3-31. I~`0R. SALE-ONE USED PLOUGII. _ Prouclc & Moreside. L-80-5-5-31 I~`llR SALE - A GOOD WORK horse. Apply Robertson Transfer. Southport. ___‘ _ V _ l»-95'5'5"31- FUR. SALE -» 1026 CHEVROLET car. Good engine. George Har.pe_r, East Royalty. L-3-5-3'#-~ 7.§'it`s>ar.a-FLAG roar: as Farid' long. 8 inches diameter. Frank _YIInliiday, Eld0n.i__m_Y L-52-5_-A-3': I-`0lt SALE - USED FOX WIRE. Also nlunber of pens. Phone l5nc~41. L-82-5-55-ll. FSR SALE-WILLY'S KNIGIIT 3 door Coach. run 18000 miles. Ap- 1>._\' Mrs. Lama Mcfllalh, Cove- nllcnd Road. L-9,0-5-5-'I-8-12-14-15. I IIAVE A LARGE STOCK IN ni w and used rubber t1'n?es com- plltc ior servllte. Clinton Morri- son, dealer in Amvrictln Rubber H1gl.iug, L-2321-4 29-71. i»i}ll~ SALE--3l)0 EUS. N0. 1 SEED mrs grown frlzln Government it :cd seed. Blaise Wuori, South- _ port. L-50-5-4-1_1, :=1§c. i'I`T¥.\\V`B'$'2l"\’ I‘LI'i.\"!`S '.5 CENT for 100 l>_v iz $1.50 pci' 100. A l-1'lmmri;.'.ll t;"i.=. and shrubs. Reeves, Soutlipurt. ill'I::hrd shrdludd FOR BALI -- DUAL PURPOSE .<`-nrtllol-ll bull, bred by Mc- Ime :-1, Quebec. 4 yours old. Apply lmljor Carruthers. Carleton, R. R. __ L-84-5-5-31. WE SPECIALIZE IN MONTH OLD Barred Rock Chickens wcaned from the brooder. May hawhm $25.00 per 163. Everett Howatt, Carleton, F.. R.. L-40-5-4-61. =_ 1,: 1 ,, '.74 3-- ,:; '_: FOR SALE ON EASY TERMS funn of 50 acre; on Whim Road. occupied bv Daniel D. Rourke. Aliiily to Bell at Mathieson. Sol- icitors. L-23-5-3-5-'I-31. Tl-IE IIOUSE OF 7 WINDSOR.. Large book nearly 400 pages. The complete story of the Royal Fam- ily including the tragic abdlcation of Edward vlrr and the iiie of George V1. Profuseiy illustrated °“lY $2.00. Big demand. $5-00 10 810.00 per day easily made. Freight paid, credit grven. write for free sample book-do not de- lay. Box sa. Dept. ie, 'rcronw A. B H 20-5-1-5-I. /‘_-,__--""”`*_-T2'-3 Work Wanted l_ti..-1.1 ' 1.-*___ MARRIED MAN WANTS WORK on farm. Apply "P' Guardian, L-245-3-3|. The man who goes to extremes '"3" be either his own “foflt “emv or hu own nent mend. Advertising liatcs-Payable in Advance Ueutrnl Guardiuu Im-mln, to per llorrlr. Irlellcrn also lukru lllolll, It por word; Anuouncunentu :md tiomlng lvcnh Ba par told; Cllnrlllad c all-I la- ri Nels 'ma ra-a-L1 i u>oerwr.n uuunm occ, par c, nluolilurllnn Uollllilul offer-Ing-, Cards. etc., cu pal mmm; Leiter; ol Coldulrnuo for - our muh; huilcu of Tlmnin and Aopnchatitl, 10a por Illl or do pal Minimum *Chula lol any M've|-tilulleln liollrllvo noun, t l Dlle May l5¢h, 1947 L_ _ , __ ... -..._-11151,!!-_lllu11___ __ _ V Stock! Chem Can For Pr Rad Tel Tel Am Water Anlcundl Atr-hisnu A11 Ref Auburn Bald Loco Balt Ohio Bcnllix Av Bcih Si Briggs Man Cala (Thea O Ctlrysler Com Sol Com So Con Can Clin Gas fb l`ur Wright Corn Pro Dei-rc Dupont Elec Alito Lt Elec Pr Lt Fircatolle (len Elec Gen Foods Gen Milt Gonllriirh Good T Gt No P111 Hull Mot Car 111 Cen Int llur lnt 'i‘cl Tel Johns .\ll\n Co Kcllricvilil. Mina Pue ity xlrlllt Ward Murray Co N Y t‘<11.\ Null BI! Nut Cmlll Reg New York N H Nur Alu Co Nur Pac Pack .\lot 1'ar-aulunut Penn R It I’hi1 Mor Pllil I’et Co Pont Tel Cub Pull Ser N J Pure Oil Co Raiilo Co ltrlllin K 0 Iiopnhlic St Sears Run Co Shell l`niiln Oil .\‘o\ith Pac Stil (lil lnii Sill Oil N J Stlrlle Cn 'Ferns Co l'nltcri Air l`nIi(‘d ('11 l'rliti1d Drug \'nil1-fl Grin Imp il N Rllhln-1' U S Sl Cn I' S Ind Al Vanridiilln \\'nrnl\r Bros Went I1n'nn West Air B Went Air B West Elcr Woolwortlr al "` Am Arn A111 Am (IPP UU mambulollcutnal lnhllinnloun I lr; Dpan WH ci 1; ical _, '.01/, 511)' alll 291' _Ia . 3-1 21% he 155 ‘fi 509% 114 2%’ 541/a 38% 134% 155 37% 20 36 53% 401.5, 50’/5 41 M 53 1305. 107 11 as 64% .ic ‘ft ae 7% 27| .:i:l=i’ 13,? MQ 411% ln 14 £2* :lang soil all 1 ill* ois1,5 151/, nl 1 ...fi 5% is 1.5 59 1:-~~1.'. any `/Li 21| I3 63 44 44 139 50 __.___i-__ Montreal Stock Exchange Cloli 99% 9 2% renin; '.1 l at sim 31% 211'/.» 7 li 3-i .li % 87 46% 166 51| 'fi 115% S 2 ce 134'/iz 155% . Q .ali 20 X 311'.. 54 411! . clit 41% 531... iii 1.. 101 ir 51% 551.1 iii’/fl 32 12 .il/1; ll lo :l 1,5 44% 42% ao' ' , 01/I 8% 39 87 'Ar .. zsssfeesgs asses:-:S »\ l.;;;'_§:i§ iE§?_"J3 1;- 140 411% Let iluniiodbyriuuuaos. GARAGE T0 LET AT 36% KENT Street. L-35-5-4-li. house. Conveniences. Garage. Phone 'us-1.. 1..c5-5.4.3; 'fo LET-Form R0o'ivTf`rT\"'rT1 Orlebar Street. Apply Shamas Grocery Store. L-B87-5-5-li. suivrlvrun éorraua To RENT. Stanhope Beach. Phone 1538. r.-'13-5-4-oi. Miscellaneous AUCTION SALE OF FARM. stock, crop implements and household affects, Monday, May 10th. See posters. J. F. Webster, F_r_ench_fort.,__ ____ __L-81-5-5-81. INSURED IN TIIE SUN LIFE. PAR- tlclpate in the profits of this great Company. Lasl year policyholders received an average of one and one half million dollars a week. _See_J. A. Moore, Currie Building. Wanted WANTED - GOOD SEASON!-ID hardwood lumber. Proude & Moreside. L-80-5-5-31. WANTED (‘*"VR.S TO CAIN Reasonab.- ltes. Phone 1391. __' L-31-5-3-31. POTATOES WANTED-A QUAN- tiiy of No. 1 Mountain tlbleswck. Wellington McNeill. L-2092-4-30-May 3-5-31. Position Wanted EXPERIENCED BARBER WANTS position In barber shop, Write Bow 374, Charlottetown. L-5-5-3-31. Male, *Help Wante_¢! APPRENTICE WANTED T0 Ieam Barber Trade short Course expert training Malur Barber 00'- lege. Halifax. l'l-359 GOVERNMENT 1055. Il0W"I‘0' get them. he ready for spring ap- pointments. Free Booklet The M. C. C, Civil Service Schools. Toronto 10. N-28-3-w-|41. Female Help Wanted_ _______.__----- W`TTWO¢fNl board. Apply Guardian. _. _ 1_»:i_1_1_-.=.-1-=1_- WANTED - EXPERIENCED housekeeper for country home, 4 miles from City. Smal family. Apply Box Z. care Guardian. L_-2004-4-30-31. WANTED - CAPABLE EXPER- bmrri mr house. Aaply M. care . Guardian. L-804-5-I-l0~ Stock! Bell Tel _ llrnzlllall llrllvk Silk B if I’i1\\' Build I’rud I‘aii Frm i‘u1l Nor Pr Clin <‘rlr Fd (‘:l11 t`ur Pfd l'nn H,\'dri» i'fd i‘lin lllil Al A Clin 1’rlc i‘|ll\ Stl-um 1*: lnlll-lie ('l1<-k Plow 1" l-a Sulelt lilat Nl-ng Imiil i'<\nl Pfd Imln Bridge lmnl Si B lillln Tet lil-_vii li l4P° "»~'f~l3.l-2° ZFSS 11:, :ln dl) 44 M 2| lil ° ‘_>.<~‘.'. ww, 32% ll Iledirrltfloldtlb. Ixchauluanldlbiarhti Banks _...Open Clan U13 203 DOW JONES AVERAGES (Supplied by Wnirrll-Rollin Ind Co.) Irrlunirlnln 170.30 up 1.71. Rnlls 50,40 up 1.15. Utilities 29.81 up .52. ______..__.;.._ Mlaud’l Llnlnrnt nuevos stalls. com’/mr, r.mr'rrrn, hereby gives notice under the pro- visions of the DOMINION COM- PANIES' ACT, that It will make application to the Secrsiary ol Btlto ol, Canada under section 19 of the Celery bunch Carrots 4 lbl Potrlim-s pk Turllips Spinach Parsley bunch Cabbage head Stew ineritll Mutton lb 4‘rearn E121!! dos Fowl I-Ierrlng floz IIrl_\' lunae cwt Oulu feed, hus i l’i|:lr fi wks per pair 1 ,- , 10011 MARKET - |l M°R.”.'f.’l'f.’.§.T?.§f.f...’:f..E.?f."’R ' Nc" 1'1"* UDUILIATIUNS I ~ StockExchangcl ____ Corrected For Every ° ‘ ° Wednesday & Sat Dominion of Canada Conversion Loan .-_-.-...___-_ urday’s Issue - 5 E ____ I ' - L rr ' i _ f ' \ l .. *I T STUCK Quor/l1'1oNs llsllllllil's.---‘----- C-.'ll' The Bank of Canada ni' authorized by the Acting Millirfcr of Fiilallcr' in rrcelw l BETML “Bu” application: I0 convert Dominion of Canada 5y2% Viclory Loan Builds 211-1.1 . . ggi; maturing December 1, 1937, into: 151* i I 11-mg? 1 Two-year 1 percent bonds, due June 1, 1939 Tomatoes ripe lb 181- Apples dal 20-40.- Bcets pk gm Steak Ib 13.-_»r. Roast beef 10.30 12 1'l. Chicken each $1.00-$1.21 Butter lb 30.32.. 15-111.- 41. Ii-200 l .1 U Issue( Price: 99.25% yl`.eIdl`ilg approximately 138% to nialurl'ty,' OR 10.51.111 V , Q S=1,;1,;: _ Five-year 2 percent bonds, due June 1, 1-42 lt. Montreal Curb A '-"° Tu elve ear 3 1 4 percent bonds due June 1 1949 ' Issue P _yicldiilg appr0.z'l`inal rl`l'f: 1)S..:5fZ. u \-\ cI_\- 2.37' lo iilalllrily; OR. les.-.>:.“.°.".‘:'.."°"".......:..a ' 'Y ' ’ l’ g“|,m‘,m‘c“,.u".h¢, 1 (callllblc on ar after June 1, 1946) Stocks Aliltlbl Anill-slim B A (ill Iflvilllllilrlmis Htl-\\' i'\»l‘|l Ilnlli A i'l\ll \'il-it lrllln 'l`llr [lun A Frllsl-r l<'rllnl\r V T C I~`l\ltyr1- .\ll-ltl-mail: R L .\ll'\`lllll1 )1l'\\'l\l|l-rn llill i'»~rp .\lurl'ia Kirk bilirllhy .\`i|1l.~v~‘E|lg Nllrzl 'ill 0`llrli.-u Ulu :ll 'I1' 1‘1i|'kll ll - .. 'lie 1’r\_\'llulrller' l’l~l'i‘11ll I’l-l:il- (‘ro\v l’iunl1l~r l‘liwi-il Rllllyn l'rl-n\Ii1r - "rl-rliil E Tiulne ill-:lil .\llll\l<-r Iii-ll l‘rl-st lil-il I.|\kc Rr-nn Illil~Ill41 lllillb .\ln|lt Roche Still Alliilnio Shnwlrl-_\' Sherrill. Gor S|lll~vlc1 Slmlell Mill Slllrn L Sinlln Suri Iiilrlin Sllll Fun Slllllrun S,\'1\'nni|l- 'I‘i~l-k Illlrrll Thnlllp I‘ild 'I`ilI\l|rll Townglllno Ventllrea \\'r\Ill1 Alun Wright Hllr ltocln Am Gnu El El Rnnll Sh Open ll 1/, Sli :ii “ll 114 27,; 11"' lou' I5" 1.11; ‘-ES: ¢..;.’1 ` lil* l".'» li it IW 30% 21| 22 21% 5552 Clan 9% 90 Zllli 7:1; T-"’f». Iii' 101/_g l.'l',1_- 1511,; 42 .4314 251/, 4.7% ITG 2151 30% 41 rn am Ili '.52 l MINING |I|lU°lh|W»ol»-lallgdc. _ Close . 110 06 00 .$5 138 B5 . 47 Ili 48 tll'l.'| 125 108 330 1-~1_ 2'! on in any Ottawa, May 5, 1937- Issllf' P rife :'o9.oo% _yicldiilg ap[1»'o.t'i`lila!c[y 3.35'/Z to iliaiin'i'l_\'. V Victory Loan Bonds accepted for conversion into :lily of the nifnllriiics lil the new loan lnust have aitlrcilcd the final coupons due llcceinher 1. 1037, and will be valued at a price of 102.252? (the collplms. lille julie l. l\i37, detached). Bonds accepted for Con\'cl‘siun will be excllzliigcti for interim certificates nf the new loan on june 1. |937, when the resuiialli cash adjustments in favour ol the , applicants will be made. __l____éi-1-4 1 % Denominations: 2% 374 % maturity. Bonds will be dated Iunc 1. 1937. Principal and interest will be payable in law- ful money of Canzltia. Interest will be |la_\'2ihie_ without charge, selni-annually, . June 1, and December I, at any branch in Canada of any chartered bank. Bonds, $1000 Bonds, $1000 ' Bonds, $100, $500 and $1000 """ Na part of this loan will bc offered for cash siibscrlpfion-s. Applications may be made to the head office of the Bank of Canada throilgh any branch in Canada of any chartered bank or through any recognized dealer. ,from whom copies of the official prospectus containing complete details of the loan may be obtained. ` The application list will open on May 5. 1037. and will close as to any or all of the maturities, with or without notice, at the discretion of the Acting Minister 1 ol Finance. The Acting Minister of Finance reserves the right to K/init the amount to be issued 1; r ,_ l ’§ Produce Prices 81| 120 ill) lifi ll l.i 112 815 fi :lx '.'. 45 till bil 171| 17 12 ‘A 37 .'lll1,_ 101) 10 Ill 112 20'! 153 147 63 fl 10 7'! 1ll‘.§ 575 .'lii."> 2ll`l 1011, 40 ll li irl :ll 1,5 1110 :i.'. '.3 ilu 3'_'|l 4:: 245 250 li ,. . M0 2.' IIB 4'_'.» ills .'lfl 1,., I tl '_'l i 1,3 ill.'» l\.’| 250 411.1 121.1 1 I5 l.'17 4.10 .. . 140 :;.0 .'l‘_’l\ N41 2:10 115 Ill'-’ .'iifi 6410 New York Curb (Supplied by Wnmin-Reach xml Cn.) (Supplied by Woods-Reade and Co.) Clan 14% 11111, fenced ccunirv girl for orivate. uid Act, for acceptance of Ihe sur- render of Ita Charter on and from the dale Raed by the Secretary of Stale. ' DATED at Charlottetown. P. ll. L on thi |9211 my of April, 1927. BERNARD DEVLIN, Secretly. L-“-5-5-1.1. . Ning Hull ___._.._.___ MONTREAL, May 4 - (CPi - Pound sterling remained unchan- ged on Montreal foreign exchang- es today at 4.92 11-16. The French franc declined .02 cent to 4.49 cts while the United States dollar was unchanged at 3-16 discount. l Ill lInard'» hr Blue. 12% MONTREAL, May 4 - (CP) - Egg and butter prion continued their downward swing on Mont- real open markets today. Potatoes remained steady. Graded shipments in carlots or less were quoted at 21 to 21 l-2 for A-large. 19 to 19 1-2 for A- medium, 18 1-2 for grade B and l'l l-2 to 18 for C. » Butter was quoted at 22 to 22 1-4 cents a pound for carlots or less of No. 1 while lots to retailers were 23 1-2 to 24 for solids and 24 to 24 1-2 for prints. Cheese was quoted at 14 cents a pound for new Ontarios while Quebecs were rmquoted. Potatoes: P.E.I. Mts. No. 1 90's $1.15 to $1.20; No. 1 Cobiblers, 90's $1.10 to $1.15; N.B. No. 1 Mt5.50's .95 to .98; Que. No. 1 Mts. 80's .90 to .95; new stock. Floridas No. 2, 'half-barrels (approx. 90 lbs) $3.00 to $3.26; B.W.I. No. 1 50 lb. crates $2.50. MONTREAL. M85’ 4 - (CP) - ' Wheat, Nor. No. 2 $1.39; barley,C. W. No 3 .82 1-2: oats, feed, No. 1 .61 1-3; No. 3 .81; oats, C.W. No. 3 .83. Flour, spring wheat patents. ilrsts $7.70; seconds $130: bakers $7.201 winter wheat patents. choice $5.80 to $5.90; white com $8.30 to $6.40. Bran, ton $35.25; shorts, ton $38.25; middlings. ton $39.25; roll- ,ed oats. bag 90 lbs. $3.75; hay. No, '2, per ton, carlots $9. Cheese. Ontario, .14 fnominal.) Butter, .22 to .22 1-4. Eggs in cartons: A-1 large I; A-1 medium .251 A-large 35: A- medillm 23; B, C, .21. Potatoes: No. 1 Mts. 90's $1.15 to $1.20 No. 1 Mts. 80's .95 to .98; Q I Mis. 80's .90 to .95. s=.°'i° . srra I MINING (C.P. by Guardlanm Special wif mines a little better than a poi 1' tone was strong the market lac ed steam. Base metals and the western throughout the session but some the golds turned a. bit heavy the late proceedings. sie added 13 cents and gains of for East Crest, AP. Consolidate and Nordon. Hudson Bay jumped 1-2, an market for Eldorado was up 25 o light tumover. gain and Dome and Mclntyrelost the minimum iractiori, after reach- ing 9.25 O'Brien eased back to close nt 8.00 where it was up 40 cents for the tiny. Little Long Lac gained 20 cents. and Pickle\.Crow added 15 cents. Preston East Dome stood out in the day's operations with a trade of 38.000 slmrcs and a gain of 10 cents' to 1,18. NURSE DROWNED ROUYN, Que.. May 4--(CP) - 1-Iurrylng on an 'errand of mercy in a confinement case 18 miles north of here. Leonie Lafrance. 26. a dcpartmml. of health nurse. was drowned when she attempted to cross the treacherous ice of a small river. it was learned here to- day. Among the cheaper oils Calgary- Edmonton added 20 cents, Daihou- ,added indications that second Lake Shore retained a minor tm ' 1, MARKET BULLETIN 8 TORONTO. May 4-Golds added a half point fc the 'rcrcnzc index l°°¢'°‘ "U WH* lvl' standing today and miscellaneous » lllcilfocill Who) t _ and a half. Although the gene 21 MORNING' MARKET LETTER' k- NEW YORK. May 4--The mar- 15 ket moved slightly higher in the oi maintained n generally strong lone first few hours yesterday-but its failure to develop greater volume of in led to sagging tendencies during the a.fternoon. The day's news was generally favorable and contained 5 quarter reports are likely to show and Vulcan. Minor gains came out up well, particularly those of the d steel and oil companies. Traffic re- ports also suggest that net results d for many rail systems will be quite gains of 5 to 10 were boarded for satisfactory. Ln the automotive in- Sherritt. Pend Oreille and Alder- mac. Waite-Amulet added 15 cts :ales will be extremely large but and Ventures weakened ’7. The due to higher costs of materials dustry the figures covering gross n and labor which have not been passed on to the ultimate consum- ers, the net income showing will be modified but nevertheless the reports should be substantial en- ough to support present prices for most. tocks in this group. Market hesitation i. attributed to appre- hension over possible deveiopnicnts during the current London settle- ment period which terminates Thursday next. 1»iowever, since the substantial correction from the middle of March has untiollbtedly improved the technical position of the New York nlarkct it is likely to show more rt-si tance to Lou- don weaknes= and may. on the other hand, contl-ibut: to a bctwr tone. Therefore. our feeling is that near term market dips coll‘d be utilized for buying opportunities for a possible recovery later in the month. I , Laidlaw and Company. NOON COMMENT The market acts well and judg- ing by the performances of sled and copper shows a tendency ta respond quickly to reported lm- provement in the London sit- uation. C. N. seems to be lagging apparently under the influence of the converfion of the slxes of 1944 which have been culled for pay- ment .lune 30 at 102. After May 10 the conversion price will jump from $40 to $50 a share lor lin-se bonds. It would seem that the market might break on the upside in a trading rally if the inter- national loaders continue blloyaxit. Laidlaw and Company. \r\'IN.\'II‘ll1(`. V\‘I>IP1.\T