MARCH 1_6. 1937 ,__ l fan -,_,f , g . \ THE CHAIlLOTTET()WN GUARDIAN PAGE FIVE | STOCK Q _,_=_-_-_.--T._- T ,, i ' _ _ __ ._, = ____.,___‘ ,_ | 0 TA T1oNs ‘ g_ \ In I MORNING STOCK LIETTIER lamina mr naaunuclnin-imr. win; MARKET BULLETIN ' illvdvsenuwoolc-lnlcmdvomrllv special win; NEW YORK, March 15-London market. this morning is better with American stocks slightly above the New York closl‘ll»i on Saturday. There is no change In the Chrysler situation. C0mpany's plant in De. tmit still being held by 51;. down slrikers. Magazine Steel reports 51.061 0Pel'l\l»i0Il5 “P One P01111: to 87 per cent of capacity. Saturdays market gave a comparatively good performance and there is nothing ln the news today which would suggest better Prices. we believe on lurlller irresulllfity we would still prefer to buy stocks than sell them. Groups favored would be the rub_ bers. Oils. Nik. steels. liquors, rlnusement and merchandlsers. TORONTO, March 15-Over the is t several weeks the golds have been under selling pressure which has resulted in a substantial drop in the average price of the shares. tvllru the decline started Feb. 3rd the Toronto Stock Exchange gold lnrlrx was at 168 as compared with |40 90 on Friday March 12 and 149,- 50 ou Saturdry March 13. The per. :erliiiie dips at he low point was :`o~c to 14 per cent which was the nnount of the decline in Feb. l-ll-.t New York Mllrch 15-Chrysler Company have 'been granted an Junction against sit down strikers. 16%i>°rt coppm: 17.33. Domestic TWU Ind M8110) 0! 1936. gn. . . ki Crow Gold Mines-Has doubled its dividend rate with declaration Bat “filly of a ten cent dividend cov- €l`l1l€ the seccmd quarter of e current year wflth regular poymen of 5 cents per' .sham for the qu ter. The ten cent disbursement, involving distrybutlon of $300,000 is Payable June (30 to record June 15. MON'I'R.EA'£», March 15-Steel of Canada. earlniligs equal to $4.01 per combined prfaferred and common siege compamed with $3.39 for TORONTO Match 15-Pic 6 th LI- Asbestos Clclrpn. eamlngs up sub- stantially alt $1.60 per share or I |1936 from 152. cents in 1935. Work- ing capital up over $200,000, French loam favorably rem;-lv d by London. though British sub- e fcriptions will probably be small volume. New York Stock Exchange (supplied by riuieia a oe, . members of Montreal Smog , Erahmse ma cm-ll Mum) , _ l Biorkl Oflcn Clue Al i'll.»ln Alu Valli Aux For P! Ani liiiil 110 3], 110 12 12% 5 _ I.- Banks the hd by riuiela s oo. Hemi en of Montreal “ook hehe lgc and Curb Mallet) ‘.‘““"' 0l>en clan pt Ulm i Vi 1 ilk tiilm 208 2°’ ilk Novo 'Al ’ Iioyui B1_k.' 2# 220% Proldizce Prices DIOBNING MARKET LETTER . Saturdays market opened irregu- larly but the opening transactions were not large except in the issues which showed fractional gaiils from the previous d.ay's closing. I The Rail group gave the best performance and closed the day with only minor changes while some of the Bteels, Electrical equip- ment and motor shares encounter- ed enough selling pressure to re- l act 1 lo' 3 points. The Govemmenl: Bond Market was steadier on indications that the Federal Reserve Authorities would utilize their open market powers if necessary to maintain 10112 term interest rates at low levels. The day's performance was quite inconclusive however, since volume wal relatively light and a cautious attitude was generally in evidence in anticipation' of the week end. If todays market does not en- counter more than mild pressure it is quite possible that the nervous- ness of the past few days will subside sufficiently to bring a fair sized trading rally, in our opinion. Laidl da Company. BABING MORNING LETTER I Stocks opened higher and re- acted later but the induitrlal aver- fges and the others failed to go as vw as yesterday, ot course, the 195 'lvel which represents the panic .ow of 1929, Presents a temporary ceiling which cannot be penetrated at the first attempt. It will be pene- trated sooner or later. Wabash A which you could still have at 7 and 10 and near 12, got up to 16; with patience you will get 25. Brooklyn, Manhattan Transfer closed L' point higher, buy it around or below 42. Westinghouse, which I Said might be bought at 149, opened at 148. gill 'I`vI '|`0I Alu \\':|i»-r Amit'-illllu Al~'lli.~oll A‘i lil-t auburn iilll 1.1100 Ililli Ohio liellllli Av Ii.-lil St lil-lugs Mun 1 use 1‘lii‘s 01110 (`I|r_\'gl»>|‘ \.`illll Sul I`ll||i Su 1'-ui Gun l'l»u urls Co C-.rn l’rl. l'ur \\`rlgllt Im-rc Ii.u...llt I-Il-'-' .\lill\ Ir! l:l~-.- lu- L; Fil' ~i~\il|~ 1}.»ll I-]l\~i‘ livll |l`l»l»1IB (I-‘ll .‘.4\>$ ii.....il-wil ll...-ll 'l`irc iii .\'<» I'i`il Illlll .\l..l Col Ill i'~-li llll Hur Illi 'l`<~| 'I`i*I .lullus .\ii||| C0 li.-llilvvoil Sim l’ll<- Ry lioul \\'l\rlI i\\ul>r;l_\' i‘o I\ \' i‘l-|\ r\.l|l ills l\t\l <',»l.~lll Reg x.-lr \...~k N H l\-»r .\|u Co \ l' lor all I‘:ll'k .\|llt I`.|l'l|lll..||||¢ |‘vun I( It |'I|1l .\Ilil' Vllll in-l f‘n 'Hal ’I‘l\I i‘uh |'lll ' Sv ' I r l\ .I lull-ll ull co lllllln 1'" |i.illil. K O Ill-llilliliv S1 Swlrll lim- Un Kill-ll I'uiuli Oli t~'~-uill I‘ll<~ Nil* (Ill lull Sl. nil {\' J Nlilllu |‘o its sl, 114 it or. 65% .~:u,l. sa 35% 85% M0NT{I'§EAL. March 15- (cpl Wheat. . Or. No. 1 $1.47, barley, W. No. 3 93; oats, feed, No. 1 63. Flour..89"ing wheat patents.i1rs C 30% ‘hh 1'-.iisim 35% s Es” si °' as 5'; |56 -I0 08% 108% 4: as san; ical, if-:S ~g.': rs: as i”-.<.a= “‘ gg . C : z".!I -r::==; lim lls 06% uw, 11% 52*/is n- 1” .$131 it-at “'21 4:31' an dr-.aisff RIG ‘.’\ 33% II V 471-\{| 2176. .I1"{. n'-,. 4.11, 94 13:3 §:_:....:‘-§; if.f.¢~< >‘f.4i'_\5. lliillvll Alf 351 ` UV; :l-:it 6% 14% lr. 121 37 1 I l|l|»4l to l`lll'~-4| lil-ng l'ulll-ll this Ilnu Hill, -\' liull |Itil~'_. .\‘l ('|\ 122’ S llill Al '.ll|:llIi\ll|l -/_ as -1 v`f;<1 $7-50: Seconds $720: bakers $7.10; winter wheat patents, choice $5.70 to $5.80; white com $0.40. Blah- 500 $32.25; shorts. ton $33.25; Lmiddlings. ton $35.25; roll- ed Oats. bas 90 lbs. $3.85; hay, No. 2, per ton, carlots W. 1 gheese. Ont. No. 1 13 1-4 to 13 Butler, No. 1 25 1-2 to 28n. Eggs in cartons: A-1 large 28; A-1 mlrdium 25: A-1 pullets 23; A-large 25; A-medium 23; A-pul- lets 21 to 22. Potaloes: P.E.I. No. 90's $1.70; fN.B. N0. 1 Mts. 0's $1.40; Que. ll'o. 1 Mts. 80's $1.35. MONTREAL. March 15- (CP)- Prices retained a steady tone on Mvlltrizal 09911 Pmdlwe markets to- day. Gradled egg shipments in carlots or lesl were quoted at 21 1-2 to 22 cents ll. dozen for grade A-large,19 1-2 to 20 for A-medium and 28 1-2 to 19 for A-puilets. But|';er was quoted at 25 1-2 to 98 cunts a pound for carlots or less 11? No. 1 while lots to retailers were '.36 1-2 to 37 for solids and 27 to 2'! 1-2 for prints. Cheese was quoted at 13 1-4 to 1-2 cents a pound for Ontarios whiilr Quebecs were unquoted. P0l.atoes: P E1. Mts. 90's' 81.70; N.B.. Mts. 90's $1.40; Que. Mtn. 90's 81.351,. MltlJNTR.1!.'AL. March 16- (CP)- In light. trading on canadian com- mod ty exchange produce section. prices ruled steady today. Bltltter spot-Que. buyers-inspec- tiont 25 3-8 to 3-4; Que. regraded 5 il-4. traded. Cheese spot-unquoted. Eggs spot-Ont. A-large 22a; A- meliium 209.; A-pulleta 19a. MINING ;» :l .F ‘;ll'lu~r Ilrns \\ » at I`l\llill 5 'I5 ?T“5’f~l Z 1'.;- ,spa-s-_ \\j»»~v .\ir lx \\~'~l I'I|a~Q _ 4'l>l»i\vuriIl .XI 74| 140% 631-rl Ili! Crain Prices WINNIPEG. March 15-(CP)-A sharp revival in European demand lor wheat auf; connrmation of good purchases fem exporting countries svut prices 3 3-4 to 3 1-3 cents higher on Winnipeg grain ex- .eilnnge mdgy, May wheat closed at $1.32 7-8, July $1.30 1-4 to a-s, and october $1.19 1-2 t0 5-8. Fair profit-taking was in. evi- dence at the highest points but only minor setbacks occurred. Ex- ports of Canadian wheat was es- timated at 1,500,000 bushels. Buying by Germany, italy, the United Kingdom and Greece start- Cil world wheat prices higher. The Argentine government esti- mated the remaining expcrtable Surplus oi’ plate wheat at 11.380.- W0 bllshelli. adecrease of more than 80,000,000 bushels in four weeks. ` The cash wheat market was 213|-tn Ooarae grain trading was e '1|OR.ONTO. March 15- (CP)- 'rl~l.e mining share market lmnber- ed 'along to a slightly higher close today. some strong spots devel- opud in the golds late in the day. with 0‘Brlen the outstanding per- forlnler and the close was slightly higher for the oils. Base metals were up in the early market but turmed heavy in the afternoon. (.‘l\'Brien gained 70 cent-S. closin8 at 8.90. Lake Shore advanced nmrw g point; Buffalo-Ankerlte gailned 3-8 and Teck Hughes and wzllght Hargreaves rlrmed 10 to 15 ceiats each. Other golds closing 10 w 11 oerlis higher were Sladeu, sem Antonio, Read-Authier and Stillivan. Hudson Bay was the main weak spot in the base metals, selling of! 1 L1-4 to 30 1-2. aome ol( the cheaper oils traded in good volume and the whole gui-iup` was up. C0-1881"!-E¢f¢“°“"°“ advanced so cents. Okalta 10 I-‘ld South West Petroleum 8. ____________ now J Nas Avmnmas O W il -Rnd and 00.) (qi'»i'Il; iI:'| 115 Illni Slwlg 27 Ztilg . `lioli| i‘l\:|l I’t'li 15252 "‘i lmin Iirhllre \'1|il,;, ,lmlll St B 'Jill/g liulii 'l‘ex ltrylll-ll 16|/r l ling lu.-c .\ l liill: llill-l~ B - I"o\|lllI l‘l» 25 25 fll~|| .\'i \\'iii'L‘l 10% 111% ‘ iilinllyl-llr il_\'|\5u|i| 17 16141 Illini lirlilge 17 101'; lluw Smith 2-1% '.’A‘,~§ llup '|‘oll 1-1% Illi .\'ll‘kl‘I ‘_’l.§ 3 1l\i I‘u\v I l.i|ki~ \\'nl\lI9’ "I, .£7-1, .\Ii|a Iiur ‘I-li .\1<'(‘oll Ft V Muni I"ow‘ Nlit Bron' Nui Si Cin 'Ml .\'orlll\w 102 27% i‘uu , 4`un .(‘li ll |(.':i ii | i‘il ll i'i|l\ (‘il|i 4 i 10 201/.'l 701.2 0% 5 C32! exe \ -r~ =»=_r . ~e:;=:s=- . ,_<,g-§'; ,~;: %`;§ Srl” "‘ 3: S9152 IS.; -~ 5,; ca- - =;°':..1‘ 5' k-is 21| 1015 301/Q Sunworthy. \ \ A L LPA P ER 219 Brand-New Spring Patterns . . l I NN UNCI . ss,lilw nous of aw V I l l l I I l. 1 'l Clip Coupon--Get Sample Book FREE ERE is a wonderful opportunity for you to brighten up old familiar rooms with colorful new papers- " at surprisingly thrifty prices. Never before have so many smart, distinctive wallpapers, combining high quality and lasting beauty, been offered for your selection for so little money. Just a few dollars will . transform your dining-room, liven up your living room, or make your bedrooms bright, cheerful and - attractive. Come in and see' the really remarkable values offered in the Sunworthy spring showing. See the gay patterns and graceful designs, and lovely conventional papers and the charming floral motifs. From such an unusual variety you can easily choose ihe` papers which will exactly suit those rooms which need redecorating, and by selecting genuine Sunworthy Wallpaper you will be sure of long- lasting, sun-resisting wall beauty. Our new Wallpaper Sample Book shows the most R. T. desirable of these papers. We know you’ll want one __ JUST MAIL THE COUPON - N0 OBLIGATION. _We Pay Shipping Charges on Crders of $5.00 _,___-. - Charlottetown, P. E. I. , il Clip This Coupon I And Mail to IIOLMAN LTD. 2 Gentlemen - , Please send me at once your new > FREE WALLPAPER SAMPLE Book “G.” (Name) ---1------ Sl. i'.‘iin .\‘l l`l\n Pfll \\'ln E104' A c 1111 R5 7 \\'Ili Elo B ' 6% Livestock ssgg CHARLOTTETOWN s 1 ~~i~ Y 2 (Address) . l DUW JODBS. , Morrmnan. March 15- (cP>- 1-log prices rose 15 cents in early dealings on Montreal livestock markets today while other sections held steady. Receipts: Cattle, 1,085; calves. 734; sheep and lamlbs, 54; hogs, 1593. Good butcher steers made $4.50 to $5 with mediums from $3.50 to $4.25 and common kinds from $2.75 to $3.25. Canners and cutterssold at $2 while heifers ranged from $3.50 to $6. Good veal calves made $8 with mediums around $7 and plain to fair kinds from $6 to $6.50. wm- mon lights sold down to ,$5 with common drinkers down to $4 and grassers around $3. Buck lambs brought from $6.50 t.o $8 with .sheep from $4 to $5.50. Bacon hogs, fed and watered. sold at $8.75 with the balance of oderings held for higher prices. O 1 Finance LIVERPOOL. March l8--(AP)-- Cotton, 3,000 bales, including 1,909 American. Spot quiet: prices 9 points higher. Quotations in pence: American strict good mlddling 8.87; good middling 8.57; strict middling 8.27; middling 8.10; strict low middling 7.82; low middlirig 7.32; strict good ordinary 0.83; good ordinary 8.41. Futures open- ed and closed steady. New York cotton futures closed very steady today, 22 10 31 higher. Mch 14.09: May 14.25 to 28; July - 13.99 to 14.00; Oct. 13.47 to 48; Dec. 13.37; Jan. 13.37. Spot steady middling 14.95. MINING NIHWOOII-lnlll 84.0614! - ‘Alderman rgoay Arutfleld Astoria Ruyl Bagaluilc Baukfleld Hula .\1ci.aIl Iiciltiic Bcaufor Bldgood Big) Missouri Bo jo iloliseadilllc Bmlorne liroii Tr Buffalo Ank ¢'l\rllcr Mai Castle Tr (‘l\iI PIL! Cntl PM limi Man (‘iir\in Research |’I\I\lllgl\|na\l i‘l\romIum 4‘Ivricy Dnuie illorral Sll East Mal Eldorado lhilvnnhrldge Fd Kirk flI14'fll"\ll| (llc-norm finds Lake Golflalo lifrellv 81| Gunnar Gold Illrd Rock Harker Hollinger Ilowey Iiudnun my J M <‘nnl .Ii-Illcoo I K rk Hudson K rklilnd Lake - L guna Like Shore Lim Contact Mhel Oro Ieltch \\`lN.\`ll'l'.(i \\`I|l'1A'l' l.~'---- il li lu- inlmlr-llmrie and Co.) ..._v-_l:"-'~;, \l I. .I I, I'_’ll"~ - num mums afnnsot un-. ..‘l».‘.,s..._...»\,i. Lit Long Lu: Mncasn .\lhcI.c-nfl C \lurl1\irollI Mundy Manitoba lu! Co. Clone 1o‘.7 .105 ,ga 11;' $10 1:il‘. fill 1l:: IT 1:i:. nz 21 :':"- ._.7'f_ ...», lil; 100 1411 101| '~. ill 4715 734 170 81.1 ;§~l‘“ !~=‘2 =.._r-s .. - 00 .,... ;::»;" 414 11.1 Iilli 99 IMI S III '_':l 04| iii-:. 015 20:: 2.1 .,. 21 I l l-_ '».. ,w < l\llil»lut_\'rl- .\i¢-|{4~\i7.i.- .\Il-.\|iIl;|i\ .\Il'\'iIl:4» .\l4~\\`.llll~|!I .lllllillg i`l\ .\l-lllviil .\l|.l'\'i:< Kirk It I. .\|llrl»ll_\' .\i|»i.~'.~illg .\.>l'ii||li:\ 1i‘llrilll'l\ ’|'.»\\uclllnc \` ~ili\l|-on \\':\|ll- ,\nli||r\l \\`l'll:llI II:lr l,'1\`l.l§Tl'1Il .\ll¢~I7 SITO ... '__'\ .\~l ill it i~\' 'Hit ll l, 1\‘.’ il'1|\ lm 5.77. l|lI 1l1\ 11.1 gil., S 31 201| S3; 3.'..`l M0 1711 lug 'Jil 1*1 400 .'|T.'» 1731 310 ITI '.‘\i .iz\.- 'r'lll» 47' .'.l\ 81 Nl 7 43! I5 fl 1'_' 27-:ill 4| II II|»IL'| lo-in ‘ ,TI .'.lI 2.' '_’.'i Til ,1'_'l\ il ll' 11\ 11'! af r.. nat: ul: lu 1;' lil ‘ 1;'liuTInri\ Full bid ill.-l.l=...li lull ofrni Sllrlllaiv :l5kf~1l -_ll \\' ‘l-uniln i :Hg SE Supplied by woods-Read it Co. Sim-ka Close _z:;-- +wn§§ i ifa .»\|n ('yun B .\lll this 1".l.~<- Am Sup I‘u\\' 'liu .\l:|r ‘ll .\‘4~r\' F0 ~.~r»lv I‘»\i I4-l~ Howl Sh Iii Illll fr I L l-...v A an L Pow 1‘frI 571,; 33 2:( li .14 _L:1_. Currencies MONTREAL, March 15- (CP)- Pound sterling advanced L-8 cent on Montreal foreign exchanges to- day to 4.88 5-16. The French franc at 4.59 cents and the United States dollar at 1-16 discount remained unchanged. MARKETS A1' A GLANCE (By The Canadian Press) Toronto and Montreal - Indust- rial stocks lower. Toronto Mines-Slightly higher. New York-~Stocks closed lower. Winnipeg-Wheat up 3 3-4 to 3 1-8 cents. New York--Cotton higher; sugar lower. IS TIIIS A RECORD? WYNBERG, South Africa - ‘ Grown in soil that has produced I nothing for generations. a tomato , wciglilng two pounds. eight oun- ces. was exhibited by Victor Fry- ",.f.'{§, 1 linck hun \\-If.`..u.~.. ...nfl °=§<>'_ j Mgnffeql Curb , \\'.-.-l limi l..\k.» 21-12 l (Slppllcll 1|] Pitlitli I O0. , l New York Curb 2:.f.".;‘f.‘.?.‘.§..l"“¢l.Z§.°‘.i.1-l.';°.‘§ ' - l (lilac Fur llll Stocks 09|-n Allillin vs_. 1-\|I\vsi~\R 101 H A oil ;':.==', 2.-.it Bcaullnru--1| r~ 7-, Ilrcw lmrp Iii.; ill, mill A _, l~\', l`:|ll Vu-k lI'.l_. 1111, lium 'fur \ 1|: lr. Don A l.'. I7. Finger li ', i`. g lf‘r.l.~l-r V T 0 . :lil .::l Ford 2.7 :T- llir \\'alkor 411'; 4l‘.',', 11|-lilo illl :ui 1’ lo lill|\ (Ill , ‘.'.‘il._, 12'; Ilil I‘\'i|- SIT .'lTl§ .\I¢~l|‘I.ll‘I'r= A ` :lTl§ :ill l::l »._. 11101,; \\l, l'rll-e I‘1'Ir'|» Pfil ‘ i{o.\'nIii<- cl'-_V -l» .- Kohl .\iiu-hell :r.=‘. 1'-'» UNDATED MONEY BOX (By The Canadian Press) Closing exchange rates: At Montreal-Pound 4.88 5-16 franc 4.59; U. 8. dollar .99 15-16. At New York-Pound 4.88 5-8 franc 4.59 1-4; Canadian dolia 1.00 1-16. . At Paris-Pound 106.42 lr.; U.S dollar 21.77 1-2 fr.; Canadian doi lar 21.78 1-2 fr. In Gold-Polmd lls. lid; U. S dollar 59.40 cts.; Canadian dolla 591148 cts. N0 0S'l‘EN’l`AT10N f ILFORD. Eng.-George Clillrrti 99, ex-alderman of the borou,-l. requested in his will “a plain dea coffin, li possible. to be taken t- the cemetery by a laundry van. 1-Ie died the other day and hi I wishes were carried out. l l l .,l l . il, .4 ... .y » l 4 i ` 4 I I l l il 1 .. .` It ` 1. -_.4 _.__ ..