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MARCH 20, 1937 ‘ i'i1a' ui1Ai<i.u'i'i'i~.'iuwN uuAi<uiAN " 1-111# "M
_ I . . .1 ‘ .
351%- - ’;' 1' *’ i* _*Y 'J'  | 13-=,,~ 3 -r Rami" ~' ----- ------ - --___ _ ___.___.___ _n;___;.f_j_‘_~_{._l_ ;`.F_1
tliaae!v0'l and Woods Beads md cm
1; _  '_ _ _""_"_"‘°"_' ‘f"'°’ StockExchange 0||AR|.0TTETOWi| AND SUMMERSIDE
I PHONE im - 1-m i-“ONE 156
lappuse
Ln.” Jiulxfré  auuuwr auoancasr s'r.4'rio_N cm! 1z.ao AND 1 rin,
iiioitwliid ivuilutlr r.n1'ifi_r
with the exception of the Uni
ities which have shown little i'e-
5pon~e to general u.~.ilf.et mo.'e-
rnents for so long, virtually the
entire ‘ist of stocks showed weak-
ness yesterday i,'.'|r.-ughout the ses-
sion. The hourly averages, howsvor,
indicated that the majcr part of
thc net losses occurred in the ear-
lier :ailing waves and that more
resistance developed toward the
phd of the day even to the extent
of ii mild recovery in the rail aver-
age during the final hour, never-
tireless the rallies, if they could be
called such, in between selling;
waves were too feeble to be con-
vincing so that heaviness or at
least irregularity would seem to be
1. logical expectation at the outset
teddy- `
The rails stocks being the laft to
uivanee before yesterdays break
were called upon to absorb consid-
erable profit taking but their act-
ion in the final hour suggested
that tht 1' might be capable of a
trading rally if permitted by fair
general market conditions today.
The stubbom resistance of the
Utilities in the face of heaviness in
the other groups may attract buy-
ing to them on the ground that
they appear overroid despite the
uncertainties which still hang as
a cloud over the industry.
Laidlaw and Company.
BARING MORNING LETTER.
Two years ago the Industrial
averages made their low at 95.115.
and I predicted they would-go to
somewhere between 160 and 16o and
then after more or less of a setback
to about 195. They did not go to
163 last April and than reacted to
141 1-2 and after that I stated
many times that we would get no
lull 12 point setback until they
went to about 197. 1
They actually did go 7> 195.59,
so that I misred the actual top in
ilie averages by loss than 1 1-2
points. I also predicted that the
nail average; would go to 05. which
they did yeeterdcy, but while I
i4.=sed the exact top of the Indus-
trial averages by about 1 1-2 and
with very large profits. and now at
todays low we have had a setback
of practically and almost 12 points.
.There is a possibility that we are
close tp the bottom in many issues-
At the same time I would still con-
fine purchases to 1*: stocks re-
commended during the past 10
days or ro, none of which, with
only one exception, have gone a
full point below my figures; I ex-
oept, of course, Allied Chemical.
where 10 points no more than l
point in an ordinary stock. nor
does 5 points in Westinghouse mean
any more than that. '
Electric Power and Light again
recommended around 23 rose 'from
23 1-8 to 24 5-8 closing 3-4 point
higher than yesterday, buy it be-
low 24.
Eitingtnn Schild reacted 1 point
from thc top, buy it around 14.
Lockheed closes unchanged and
can still be bought at 14.
United Airlines, repeatedly re-
oommended at and below 21. ai-
ih011Rh you should alto have it
naar 14 and 17 closes above 22 and
it can still be bought near 21.
Indus. Rayon recommended daily
should be bought on any little dip.
around 37 and 88 is still 38 and'
Guantanamo Biugar Pfd. is still 2
points higher than 'where I first
mentioned it 3 or 4 days ago, buy
around 48.
Chrysler, as well as General Mo-
tors were quite weak and went
about 3 points each below the
critical figures which I gave you as
a danger signal 1|. few days ago.
Woiilcl not buy them .Wi-
U. S. Steel, as well as Betli`eli='in
Steel. reacted sharply but you
should buy out of them near the
100 with very large profits. If Re-
public Steel goes to 40 buy back a.
little. Superior steel might go a
little lower- If so, buy it.
Brooklyn Manhattan Transit re-
mains a purchase around 42. Am-
erican Hide and Leather below 10.
the Pid. around 49. Loews around
78. Phillip Morris at 73, White Mo-
tors 31-30, Omnibus at or just be-
low 21 and Southern Railway Pfd.
around M. Hold your remaining
halves of New York Central. South-
P111 Railway, Union Bag and Paper.
Anaoonda, Pierce Gov. etc-
Boring.
EIIKAIY
Allied Chemical and Dye C01'P~
1936 net income equal to 81144 I
Yogimon share. vs. 08.71 a share in
ii 5
Standlrd Oil Co. of Ohio 1936
net profit equal to 04.78 a conmion
share va. 02.77 on common in
1935.
'American Steel Foundries has
authorised the issuance of 217.083
additional common shares or which
23.000 shares will be used for ac-
quisition of a certain property while
U14* balance will be offered to
Ftockholdera at |40 a share on the
N1-Sis of me new share for each 5
shares held. The Pfd. will be re-
"rcd at $110 a share. The balance
°f funds left rfler the Pfd. retire-
ment will be used for additional
W°fi<i11¢ capital.
The first maior test of attitude
on rail rate increase comes today
as I. C. O. is scheduled to vote on
nection of tariffs eftlmated to
Vivid $10,000,000 more revenue.
Texas and Pac'fie Railway in 2
"Wit-he to Feb. 2| not income equal
i»° 13 cents a eommon :liars va- 42
°°11tsalhareonl'!d.inlike1930
filled.
Ncanusuutioa plan for nupp.
Uotor Car Corp. providing for ei-
ilwige of two present am for
'“° new share, reduction in par
:$130510 to ewgamnumg or asa;
» MW as row '
H0371 sham will be :slits to
PN
Stockholders at meeting April 7. ,,
Standard Oil of Kentucky ne.
profit in first two months more
than sufficient to cover first quar-
ter dividends, the president tells
annual meeting. "If business con-
tinues st rate of last 2 months, we
are going to ditribute some nice
dividends before the end of the
year,” he said.
30 Industrials high 187.52 low
183.72 last 184.78 off 3.77.
20 Rails _high 63.70 low 82.04,
last B2 44 off 2.02.
30 Utilities high 3319 low 32 60
last 32.84 off 0 13.
.40 Bonds last101.Bt1 o1f0.50.
Dow Jones.
BANON MORNING MARKET
LETTER
Yesterdays break was sharper
than I thought possible at the pre-
sent time. since the major part of
committments have in recent weeks
been on rails. Traders positions are
still oomfortabie in spite of yester-
day's selloff.
Rails me still in a. definitely
ovcrsold condition.
Recovery. now well overdiue in
the Industrials, should be rapid as
soon as it develops. Weakness this
moming should certainly not be
used for swag and may be gc.
*Pied as an opportunity for as-
fumios positions in stocks with
better than average possibilities on
the upside including Anaconda.
Bethlehem Steel, American Smelt-
ing and Refining, Celanese cor.
poration, Vandium, Standard Oil of
N. J.. Ohio Oil, Canada Dry, schen.
lay Distillers, National Distillers,
American Water Works, Public
Service of New Jersey, Electric
Power and Light, United Aircraft.
United Airlines, Delawere Lack-
awanna, Lehigh Valley R, R., Ei-ie
Railroad, Baltlmore and Ohio, and
Northern Pacific.
Cfihildlhn Shares sold off in
Sympathy with weakness in New
York.
Stocks attractive near last nlght‘s
closing prices include. Brazilian,
Canadian Pacific. Distillers Sea-
Hram, Dominion Steel and Ooal B,
Iiiternationai Nickel. Lake of the
Woods. Abitibi Pref. and pm;
Bm- Common.
Gold shares sold ef! yesterday
and on the whole managed to
show some improvement in' their
support during periods of feces-
sions. In the golds resumption of
bllylhz in general may be defer-
red a little while longer.
Banon.
NOON COMMENT `
The market action has been _mme
what more reassuring in that the
decline ofthe past few days has.
up to this point at least been
maintained within the bounds of a
technical correction. This was ac-
complished ln part by the buoy-
ancy which the I. C. C.'s decision
imparted to the rail group. We
feel, however, that the market; in-
terpretation of the decision was
somewhat unduly optimistic since
our understanding is that the com-
modities affected arc those which
the rails reduced below the maxt-
mum rates allowed by the I.'C_ C.
and that the increases allowed by
the present action only bring the
rates ‘back to the old levels The
action therefore would not :oem to
sot a precedent and the real test
in this regard will come on the
more important commodities which
the roads are attempting to obtain
increases on to offset the expir-
ation of the surcliarges last Jan-
uary. Laid ar Co.
BANON AFTERNOON LETTER
This mornings rally is not suf-
ficiently strong to carry price: for
on the upside. There I; no change,
however, in the view that the ln-
dustrials are heavily ovcrsold and
that sharp reactions are opportun-
ities for assuming trading pos-
itions. The current market re-
aotion is bein! attributed to hiiiis
isrues in Washington Fbderal
quarters that measures may be
taken to curb the speculative ad-
vance in commodities and stocks-
» Electric Power and Light should
(ia it star performer on the next
allying phase.
Montgomery Ward‘s net income
of $4.12 per common share is about
55 per cent over that for 1935 and
repre:ents the highet record in
.the company's entire history.
National Distillers uontiiiues to
meet excellent support oii minor
dips. Additional buying may be
considered. around 2| 1-2.
Brockmire believes that commod-
ity prioes are likely to extend their
already sharp advance but the pos-
sibility of “over sper\iiat.ion and
over buying for iiiveniory. wliich is
eapable of producing temporary
setbacks, should not bc overlook-
edgy 16'
Paper stocks in the Domestic
division are exceptionally bullish
in their cununt action. naser Vot-
ing Trubt won’t »neod much en-
couragement t1o get going on the
upside. buy Fraser Voting Trust at
the current level.
Consolidated Paper and Abitibi
Pfd. are atlil in a buying range.
Banon~
‘ Banks
idapgiicd by Htfieid U Oo.
llem ra of IIDMIQI Mock
Exchange and Carb Market)
sank- 00°!
Bk ('
air 1'."»T11 232
Bk Nova S
Royal '-'90
___.__._...._--Z-
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(gapplisd hy Woods-leads an( Co.)
M -.'|ti'i._
Jurii icuii.
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4    l I   nmmsmmum. 'M ST ’i
STOCK QUOTA TIONS __ ' woons nuns coiiriiiiv 
' STUCK H KE _
_ MARKET BULLETIN _  M0f1ff¢¢ll 0rr?c2s Rs !
Studia
Bell Tcl
liriirlliaii 2515
liriick tlilk ti
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Digi Sea 271,.;
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members of Montreal Sleek
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I Finance
LIVERPOOL, Milrch 19 - (AP)
35.500 American. Spot in fair de-
mand; prioes 16 points lower. Quo-
tations in pence: American, strict
good mlddlinig 8.76;_ good middling
8.43; strict middiing 8.13; middling
7.08; strict low middling 7.63; low
micidling 7.13; strict. good ordin-
ary 6.63; good ordinary 6.23. Fut-
U1'f‘S Orieiied and closed steady.
New York cotton futures closed
barely steady today, 19 to 23 low-
er. May 13.90 to 91; July 13.79 to
80; Oct. 13.22; Dec. 13.14 to 15:Jan
13.15; Mch. 13.15n. Spot quiet;
middiing 14.50.
NEW YORK, March 19-(CP)-
R.. J. Cullen, president of Inter-
national Paper Company, today
disclosed the company was an-
nouncing to its customers a $50
base price for newsprint for the
first six months of 1938, for deliv-
ery at New York, Chicago, and
other Atlantic and Gulf ports.
Altiioigh some foreign markets
are already bidding higher, said a
statement issued by International
Paper, “The Company hopes the
domestic market will be stabilized
at this level."
The base price applying through-
out' 1937 is $42.60.
The statement said demand was
running more than 10 per cent
ahead of last year.
FINANCE.   
OTTAWA, March 19 -- lCP| ---
Car loadings for the week ending
March 13 amounted to 47,534 cars.
an increase .of 2,124 or 4.7 per cent
over the corresponding week lust
year and an increase of 189 ove:
the previous week, the Dominion
Bureau of t3t.itL-.tics reported to-
day. The index was 80.50 against
79-96 tha preceding week and
70.90 the same week in 1086.
WTNNIPDG. March 12-(CP) --
Business conditions thmughoiit
Canada during the past week con-
tinued to hold ground gained iii
recent weeks although some fluc-
tuation in output was noted in
various lines, the Canadian Cred-
it Men's Trust Association said in
its weekly report today.
edge in improved bulinsss while
hardware, men'| and ladies' wear,
and automobile fuels were close
behind. .
Report of Maritime cities follow:
Halifax: Departmental retlii
trade good while luxury lines con-
tinued to move slowly. Collections
fair.
Saint John: Wholesale grocery
trade holding steady. and hard-
ware business dim Improved.
Ocean fblllllll th! DUT! had
matsriai increase: and than was
also rapid improvement in lumber
shipments.
IANII
(Supplied by Woodadleade and
Dania ..._
Canada
i‘1|m|u1‘rN‘
Mon 1 real
Nora iileuiiri aalicil
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Close
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S70
fl!!
l‘1\rr1\i| »
l'i1-k|1- 1'i-ow ‘iii
i'i..n.~»r -’1-'-;
l’nr 1‘|-mrn 1
|'1\\\ li1>1i.\n 13"'
l’reinif>r --iv
-Cotton, 26,000 bales, including
i
Wholesale grocery trade held an-
si .\|r Fl
\\'1»,~1 |:|~~ 11:1; 11|
\\’noIw11rtli .'12 .'i.'i
Produce Prices
MONTREAL, March 19-(CP)_.
Montreal open produce markets
displayed a. firmer tone today.
i Graded egg shipments in cariois
nr less were quoted at 22 cents a
pound for grade A-large. 20 for A-
nioeiiiim and 10 for A-pullets.
Butter was quoted at 211 to 26
1-4 cents a pound for carlots -or
less of No. 1 while lots to-retailers
were 27 for solids and 27 1-2 for
prints.
Cheese was quoted at 13 1-4 to
1-2 cents a pound for Ontarios
while Quebecs were unquoted.
Potatoes: P.E.I. Mts. 90's $1.65
to $1.70; N.B. Mts. B0`a $1.35 to
$1.40: Que. Mis. 80's $1.30 to $1.35.
MONTREAL. March l9-iCPi-
Butter and egg prices displayed
flmincsr. on Canadian commodity
exchange today.
Butter spot-Que. regrndcd 20 to
28 1-8; Que. buyers-ins/pection 25
7-_a to 26.
Cheese spot-unquoted.
Eggs spot-Ont. A-large 22 to 23
A-medium 20 to 21; A-puliets 10
to 20.
MONTREAL, March l9--f.CP)-
Wheat, Nor. No. 2 $1.47 1-2; bar-
lrzv, C.W. No. 3 01: oats, No. 1 62
1-2; No. 2 61 1-2; oats, C.W. N0. il
63 l-2.
Flour, spring wheat pateiits,11rsts
$7.90; seconds $7.50; bakers $7.40:
winter wheat patents, choice $5.75
to $5.80; white corn 08.40.
Bran, ton $33.25; shorts, ton
$34.25; middlings, mn $36.25; roll-
cd oats, bag 30 lbs. $3.85; hay, No.
2, per ton, carlots $9.
Cheese, Ontario, 13 l-4 to 131-2.
But-ter, 28.
Eggs in carioiis: A-1 large 28 to
20; A-l medium 2511126; A-1 pul-
leis 23 i_o.24; A-laigc 21-1 to 26;. A-
medium 23 to 24; A-pulicts 412.
Potatoes: P.E.I. No. 1 Mts. 00's
$1.70; N.B_ No. 1 Mts. 80': $135
to $1.40; Que. N0. 1 M15. 80's $1.30
to $1.35.
UNDATED MONEY BOX
(By _The Canadian Press)
Closing exchange rates:
Ai. Montreal-Poiind 4.88 1-32;
franc 4.50; U. S. dollar .00 211-32.
At New York-Pound 4.88 7-16;
franc 4.50 1-3; Canadian dollar
1.00 3-22.
At Paris-Pound 106.43 fr.; U. S.,
dollar 21.78 fr.; Canadian dollar
21.80 fr.
In Gold-Pound lla, lid: U. B.
dollar 50.41 cts.; Canadian dollar
50.418 cts.
_*___*-_ ~ 
E71-‘i-5-,',_-1l&.i.-'11
. | pt li ot hadnt' I

laaylh
‘7":;:.C'a f1’el»iotea'| l\*!*‘l'! QYQB’
i‘re.-|..1| F. l_I11ni1'
Iii-ani .\|x1li
]l1‘1| t'\‘1'al.
Rod Liiko
Ifcnii
lfituliio
11111111 Mont
ltnciio
Sun Antonio
Sliu\\'k1-_v
Simi-rift
Sim-lic
Hliiiloii Mui
.‘~lli|\~.- Lake
Slllllvnfirl
Niillivuli
S_\-l1:\\|l1e
’i`|i1N\|| i'flfI
'l°11i1||ri\
'l'i1\\-auinac
\`»-nl i|i'1~s
\\'aiIc Ainii
wright lini-
..._ . l'!\`Ll§TED
Athena
Rnllor
1‘:ii|1|iili|1-n
Di|\\'51in \\`l|il1~
l\1\iN. (`n|i
D1-iiiiianii
111|! Illu' Kirk 1»i'i7»rl-il at
Gillies l.i|k1: 1|i‘i'1\r1~|| iii.
iioill l‘l.'|Kl1‘
li|i1l i'a1
l.:|lu- 1511111-ra
1.1-rr._v
Biiirliii Rini
\'i|1s|1i||i
011| liiiiumiid -
ltl1‘i|l:|ii1l (lil
lirillyii llow.'|ril
'|’1»nn\\'n|i1la
i‘ 1' ada
prior- lin
\\'1'at lied I1
MINING
|.'.
|117
_'.1111
111|
.~|
1|||
ii
iii._.
21|
'li|.`\
5::
315
.'¢||l
|.‘t‘1i
11111
Iiil
I7*
iiiii
i in
Iiill
ll1.'1
‘.'T.`.
il\'|
7.`1.'»
2?!-'Jil
514;-7
-1.!--I5
fill HS
221’-217.
4*'-Fil
T2
11|
TL' Tii
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Ti-TH
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lil-IS
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il-lfi
0714111
1
'I‘O‘RON'I‘O. March lil -- <CPl -
The gold share market turned
lnodcratciy st.i'ong late in the ses-
sion today wliiie weakness per-
sisted in the base metals and
some of the oils. A spurt in Ma-
cassa, to 7.75. up 65 cents, featured
metal list.
Beriior golds held moderately
steady. Hollinger and Dome drop-
ped 1-B to 3-8 each and Lake
Shore and Mclntyre closed un-
chiuiged. 0‘Brien registered an ad-
vance in 11.05 and the final aalc
was at 8,40, leaving a net. gain of
only 5 cents.
Central Patricia, Fraiicoeur, Kerr
Addison, Mining Corporation, Pa-
mour, Pioneer, Red Crest. Reno.
Sisooe and Toburn all recorded
minor losses.
Noranda was an outstanding
weak spot in the base metals with
a loss of 2 1-4 to 74 3-4. Hudson
Bay sagged a half point and Pend
Oreille, Waite-Amulet and Sud-
bury Basin deciined 10 to 15 cents
each.
The ionc of the oils improved in
the late trading. Dalhousie fin-
ished with a gain of 12 and 1-Ionic.
South West Petroleum and Cal-
mont fimied 3 to 0 cents each.
New York Curb
-_...__
Supplied by WWC!-Bold lr C0.
lloeka 110|*
Am 1'yan ll 3051
iai (lla Elec 37
in Hu? Pow tilt
(‘reolo 'et 33
ICI Hnhll 34|! 'J5i’\'|
\l'1
7'n
Ning I||\il
Un 1 Pow A
J
Un L P01' PM 55%
the aftemoon trade in the yellow-'
i
1
1
1
i
UUUTATIUNS1
Corrected For Every.
Wednesday & Sat-
urday’s Issue. l
I!lCT.\Il. 1ll.\lfl( |111' 1
I -ii-r_\‘ l11iii1-li i_'.1_'.,_ '
4'lri`11i:4 I7 l|i.\ iii,
i',1|111.-.1 pk :;|1,-
‘1 '.i .~ :if~l|u i,',,.
_. i1|i11<'ii 1'..-
ii1-iiil li, '_'11 ,»
riiu- II. 1 _
|||:||‘i--|\ '_-' 1
___.,_
1 ri
~
_._. 1:
'.1 1-. :1'< 1,,
»|"1-..»-ii 7_3,-1--1
iii.:-1..
'il' '_':_.'-
iii. ,__.
1 _ _
... -_-,.7 ,_
'I7-
'1 *'1=1 4s.'.1|.- ~
Grain Prices
Cl’l\
Numerous stop loss selling or
rirrs were forced into execution '.1
  - e   _  _
 W 1'0"  »
if'f.a...»11-1   -
. RDUND ‘JA -ft,-, 3"." jj
 \V"~`i3\_ 2--.3-’~`”i"' _ 
  Q __ |_____,__ ___e»/____
'M , \ <1!
.5 ~ .\ `
Q).
_ 1 Q S5. 1)
~`..-s¢*5~`-'/
    f
1_,,....-- _ . .  .is me onrsrrsr
.»,_  _f/Sth-  macriou 'rms
` ” --fi-1  ron suow Ano
_ _ N _  -,~,;-;1I- uuiwipnoveo
.ferr Q  _ aoaos
¢»~"':’~ ____,.- r~~ . 'i' _ .____, .. J __
-- -.fu
If " WHERE the going is toughest-
_ through deep mud, snow or un-
. ».. _ 1.1
'.1
_ 11.111 11111- ._
1lil'."._ll"*" -`
1 _
ff
\'
\
li\
,-J'
aw/
1”
improved roads-Firestone Ground
 Grip Tires take you safely through
without the use of c/rains. The pat-
ented Ground Grip tread grips on _any
surface-is self-cleariing-and gives
positive traction. Don’t take chances
of getting stuck in soft roads. Put a
set of Ground Grip tires on your car or
truck today. No increase in price. See
the local Firestone Dealer.
f»'\~P~ by Guardian's Special Wirii 0
CHICAGO, March 19-Exlrrii'
5 breaks of Ii 1-4 cents a busliei 1111>.. '
_place iii Chicago wiicat values L.-
tlie d0wiiwai'd sweep of the \\1l'.: ,.1 G R Q U  G R I P T I R E S
in.|i'l¢i.'t. Kulisas uiui Neiimsizii r.- Fon chns' Tnucxs ANU -|»RAc'|'°R§
ports of nioisiure, intlicati\'e of ii
large dc-nicstic wiiitoi' wheat crop
were largely responsible, together
1:.'iih tieartii oi export demand for -
it ‘1'_
Caiiadiuii \vl1c'_it, as wcll as denials 1 '_"Tf‘ '“"-" ` "" '_"`“~
that Aiigsiitiiia planned to rcstrict .
i
1
` I
i
i
1
'_ 1
J 1
TEJEQI
._
°‘."
.G.-_==.-
1-8 cents under yesterdays fin-
-~i to 7-8, corn unchanged to
cni. lower. May 1.09 1-2 to
July 1.05 1-2 to 5-8, oats 1-2
1-4 on, and provisions 10 to
f
1;- t -t.. ,
"1i.“..°.§‘f’.‘?.’..., 11......-.. 1 1.... _ MQRNING 57051( LETTER __
i, May 1.35 1-8 to 1-4, July 1.21 I (B/eoeived over Pitfield and Co`:. Private Wire) I
NEW YORK, March 19-Thr: _;iLioiz,~, 11', 1.i.=.:..1.»‘.1.| ..:..: 1....», _ii
London' market, this m:>rr.11iq i"1M1h1i-_- i1I0;1l_1\' '1`1‘r='1'.1.'l_1|' f-rf' to
crnts. stiong- with interiiatioiiai i-_-ues 1 ii- -\ii-'»i1i1»'-1'~“<i- Iwi# 111.- _\1'1 Midi.-
_ .  , , . , ,
INANCE      ahoiit the same as the r.'.!1».<.° i:i_t | -7"-' Pi'-'-111 .1-'i 1* <""1-- 1101' --hole-
Nazw voiuc. Mama is-mei” i nirhr. Rfsnniieton ivnni _-nine ms . """'“1i"f’>"-' '-'-1’~f' ~“1'~' J 1->'1__ i1r'-__1'»1-»-
Raw sugar was Easier todaY- Shot i been .=f.>t_tled after it ooiilm-riuio hr-_ i." ii11"'111" 1‘i 5-"fi"f""fi 1'i11'~‘-“I i"1`-m
prices declined 3 points (D me bn- 1 l-wcoii lilo nrcrirlciil. of ihc 1'oiii- 1 5‘7i"m" »`i|b~\-‘I--"V-' ‘-‘l11|`-"1if`-1’ 1 711-
sis of 3.45 on a sale of 5.000 bags iilally and the A.F.O.L.o1'ficL:il.s .-*iii i_’1‘_i1_`~-' 1159131 §1"5-'fill 1-'L-'iii 3 S170.-
oy Puerto Ric,-,S for rate Mai-eh ai-_ uiticic 1n_liic Wall Street Jc'.ii'.i.'|i _ i'~’ '-
rival to 3 10:31 remxer, this inorniiig slat/.~. llizit i|iiic.~..-. in- _ _ _
F,u,_m.es N0_ 3 Contract closed 2 _ come tax collections siir.-v: an un- ; M”-W \'Oiii'-- -Wir-'-'11 lf'-1iI~'1>Jrii
V _ _ , _ _ _ _ . . _ -..._-
paims lower to 1 higher mm Sam, _ usual l.i.._i, minute siiuit March rc- L°i’1"f1 17-~~-’-
of 9350 ;_°ns_ The No, 4 closed 2 1 f»i1YhS W111 fail sl.0i't of the esti- ' """""-*'-~;
to 3 net lower on sales of 26,050 mated 8111011111-\1.Vth'_l_'i`rC-"1-'I_l11"1'» WC C °
tons_ would look cn the 1ii'.1.t thing i!'._is‘ ll1‘fenCl€S
No_ 3 dose: MCU 2;-,5n_ May morning and be go\1ei'neri by \11i.~_
25C,J: July 25m; sen 2_501b_ N0v_ _ lime ullrl any i:li;ii'1:\'r‘1l;':i.t 1:: iii' ------
2:53n, _,an ;,_f45b_ iniirkei. on .~,m11li voiliine |v..»ul:i not ` \i<>i\"ii?i-Jil-_ \i1fi-
R\.nm.d Wm ,m,.hB,mm at 4_8" , bc a. .favorable iiiiiicritiun i‘1»1i1111 .'11-11.111. .|11 ii' i
_ 11|. ,\&1i:ii11;1 i1>;i'l.i1 1
for flue zrniiiilated.
.'.l.;

1 nt.
\viNN11=aG.i\ian~ii in _ tcm-_ _N"T\V 1'0m<_ .\-1...-1-11 1:1 1111-- 1 11:1-_ 1» -1-"J: 1-11'.. ' 1 ' _-_ - .~.
Unexpected weakmss at Lwcmoo; 11. C. \'o‘.cd to nlio1\_ rziii rfiie. io :.1 2.11 1111.1.. 1.1.11 |11 11.,:.~.-1;-'--.¢_
coupled with absence of export b.~ iiic|'ci|.1.e<l oii_ ii ii.=t of in;~11r~ii- _ 111111.11' 11' ..'-1i_   .. .:'
'support caused wheat prices 1o.°'m"°"" °""“m°d“3""1 Cm' loading" “"‘i"""" ‘E . 1 '
’l11l1.|1..1'C ` i
1
1
1
1 .
“S I
‘- P11 l<n1rd 1
slump 3 1-4 to 3 5-8 cents on the ` m""°“~‘°d 14-556 0111's- .\'1-iw rolex, 11.11-1-.1 1:1 _ .Aiw-
Winiiipeg grain-exchange today. U .L d F _ __ _ _ _ I.1ii:._i i_11i'_i_i;;ii ciii-ii-i_.1'i11.\_ _<np;1e_1i_ a _
At the close quomnons were $134 Cc_`{|_1_i__; _O Fi_i_<_*l_____lii_\  i|_..i_1-_i.i_.-.i_1.._11i i..' I 11.1,. ri .-...'.t- 
1_2 for May wheat $131 1_2 for __0_ __ s _. 1. 1_11i.|.i.ii 11.0.1 _
July and $1.21 1-4 to 1-2 for Oc- ‘S _“`1- 111111 w_..iini__ nest i.»\\' The 131111.11 po-11:1-.i I-1.1 5-16 of a
L0 .r
gi.iii...i..11i .intl iii" \\ip1ii" oil
be Weeks to coiisxlci p.:|i._~. lor i'11oi'- .1-gin, -
1,.
11;: 7-1.; l-11 Ei ii';.i'ii1g
- - - ~ = l- ff i-11.111 11111-‘-'11--' 1 1 -1 1.1' i'1=.
Valiics sutzgcri i|'om the opciiinig Hu, $3110 _m_(__n_L_m _ F _ _ _ ' 1 ‘1 1 1 1 '~ 0- iJ»
_ - _ .. . . . iiirfrircri i|'- 1-, -» 1 _ , .
with lib1=i'.1.l profit-taking micigen- d,,,,,| _ Slum. ,hh _,ml oi O_m,);|_“__ _‘_i‘_‘_‘_' _i_'-__1_’_‘i' '_ " '_*_ 1 1'1'_-'li _'11 _H
oral liriiiidntion hy: nervous hold- H ,,,.,|_.,.,,,md HH, '_ ________\, 1 _ __ ___- __-  1- _ 1 _ -1 -11-.1 1i_ 
‘ 1 ‘ 1 ‘1 1i"i'i1: -
ers. Stop-ios.~ sciliiiir iieveloneii.
News froin A|'geiiiii'|a that thu
governinciit would i'csti'ict export
of wheat was said by it high offic-
1 1 .  .lic |,11l| 1
ii=|:; licoii :|i>1r‘ |11 ..li11'.\. :i i|if11i1'l'i|
inoiitlis prcvio
mild \vi1ntiir=r.
F1?
,_f
, " l.|. 1.1.1111- .-||'_'1| ." i'.»'l '.1
i!.'l\li iii 11.1 1_\1'r 11>;i'».-~poiui.. 1' ` U ‘ H '
1'?-`""~ ‘if-*i>ii\‘ HIP m:'11.i|'|' s'l'1>'i'.-‘ nr 'l'|1i‘ i'|'~:1_\.'.
riiiiiizs of .1|i|pr:'-'1- - ` ' ‘_
ial to be uiifoiiiidcd and this was mmciy $5 Dm. p,.,,[,.:.,,`_.,I __h_._'___,  (I.-\i. .'r.'1.‘D l?\i)i'.~"I`Il1.\i. \'.1.'r`.l\
a 1718101’ 1122111511 factor along with therefore iiiclicaicd- for c1ii'1,i'iii i:~- ,F . T1 sz- .I Y. , .,
reports of ruin in some sections 01’ cal year. ,._U_.’,\[. f, ...lm"(l1‘_‘_',`,1\Pf_"""f_ ,
the United States winter helt. . 0- -‘ "-11 -\ ' --Ui- 1*-1111-1
selling of rye ci'e<lited to Chicago , Rcri Lake-Listing of im. M_,,1_,.,, 1 _fi~t_f~_`fi_“_';\_i__11i_-\-'_ll~_;i\i_L?1i1ili‘--_-_i_1'i-
f_h__,.  ,1.. 11. .1.1
ilrms. Nearly all commodities fol-
lowed thc action of wheat.
|ll)\\` .IIINEF .\ \`l'1|l.\(`~F1iN'
itsupnllni hy \\'nn1In-Ili-rule mul in.)
liialiislrinia 1¥-i.til off 0.l‘.‘
linilg 1115 .'|\` \||\ 014.
\'llll\|L‘lt IL' |I> iifl' il ll. on
MORATORIUM STANDS
1B_v The Canadian Prcssi
DRUMHELLER. Alta. -- Aiidrew
Gurney, miner, advanced his friend
William Diiclis, a dollar iiiiiii pay
clay, When he culled for im.\'l‘i<‘l'_t
Duclis said li'r- would liavo to tak.
ririvaiiiiigo ni the 60-riay moratoi'-|
iuni. Giiriiey nppealeci to his right '
and left and in police court was
fined $50 and costs on an assault
charge and bound over to keep ti-_e |
peace. -
sa.i1§t'5BEf_“ 1
f`lI'1
.-1.
R/od Luka on lil; 'i‘.~.;<|i'.i,:i
been :liipriivi-ii :|:i1i u':‘i
on T|icsrl:|_\- Alzirrii 3111
Em
iii'
lo iii11rci|<-il d11iii1|iui ioi' iii;
.. ..  - .,-,__ ,_,,
_ _ :.i1\ii1.'.-51-'ii.1i-'_ 711 ii _.i 1111.211:
H( -.~i‘;I1 i1:~_ i'..1.1|z .1..11i111i it ilii' ,init
ilu i"'l>11ll.1:1(‘r't-vi i.1~:i1111l .yi-,..
l"l'I'l`S}4llR<1ii. .\l:|l'1i| io li1ir~ "" ‘-"iE"'\-11"" if' \i|»i .__1'i111111\'1i
' ii ,..| V, .1 .
1 1
litlll
,,,,,,,._,,,,,,,_` ,O (mp in 1937 in _,_ ,_ .-.-.i'.'i' .ic'1iir< i1.  1 -_ .»- -
Siieffielri _-tool aiitl ir.-iii lii|'.:~
a c-o:1:,ldei'aiiiy liizlicr lnrrl
|,_"(;1', _ .1 '.11i1. iii ini- <il.~1.' .1 :-1 ll
_ _'.111 .i:. -i. 'fl -‘l " ~ 1 1-
mm] 1 ii 1 fit 11 1. -ii .1..~.\ 1|.
in 1033 and thi- oiit`ook is 1:ii1-o..'i'- 1""""‘ "1 1': 1°" ""1 ""' V 'I ' im"
'|11' 11|'1r\r\ 1 1
agii1'.'_
l\ION'i`IlEIA1., .‘\1i3i'1,-li IU 11111"-
nutioiial i’<'t:- i>|'od'_.<>t;o:i up
l>f‘l' cont iii I1‘.~hri1i\i‘_\' iiiiri 51 1-311
chili. iii two iiioiiths oiirirvi I-`.
.ry l!|Z,i'l 1i\'r;- likn pp,-;n.»|. 1;"
bcff‘i'o b-.uid iiilercst 111111 ci<11i
pci 11.1
1936, After llic-'11 i'i'.:ii'_,1:es tli1~ '
los' for 1936 wris i.'lio\\'n at $213
1. li
'il
.ii
_ if -_ 1: :'_r|:.;'; ;1,:~',';
Il.'\.‘.ill.'lli.‘\_ (1.1  1`i_io:'_\'
'.\.1t‘»'.ri':. iii l`|' li|l1_'ii 'l'1’ ._ li.'1_:'-
41] \.1.~-il':' ('.i:i-)i.i,\ ||:_1.1 1112"” 1'-
1-1-.iii ;i'i ii11-ix.-1-11; 111'. 1' (_ 1,1: :1.i|
),,.-..- ...,.,. _ -.1.,'_, __ .1.,. _..._
ii i
,1_ 11| I i. 11 1 111 t1 1 11111)
M1'1'1'1|1',\- 11111.- 1~.1n~11i11i1s 1111- 11111; 1i11ii1'»11~.1, 11.1 1. -~1i 131111111-
_ i 1.1.1 _
tion were down 4 6 ~ r"i 2,1.
iii _~ 11i <'..:..x.1.| l.i::i.:.-.i :1.i'.i.1'.:1i. 'ri
1: _'11ii<':';i! \\:1p.» ::1: .1 11 1.! "i '-. 1'
1
Mi V111' ii: tli;1ii' I1/_'.il |1l.|`.. Ui-1"i'_'11
_»‘.',.i'.l l.
agniirt $45,634, dcprrciiizioii 1:li.'|-g- lii"f`1iFif‘1--£`1\i`--i1‘»i'.' hi 1.11 .=-'.-‘-
es were sinul‘c:~ iii 1935. \V1::'i~:i
cap;‘__.il pi'iicti:'i|llv lint-l|:|iii::1|
Caiiadals E»:ici'|'.iil 'l‘i'aciv--'l`11l
trade up 13 2 c' ilt ` 1'* 1h ..
  mid 40 pci' 1-. ‘locrc tlufnll 
oiidod `i<‘1'iii'i|;1|'1 li1ii'1` 1-1.ig;i1.'1».i
(‘()N(‘l,llDl-js' 'l‘RlAl.s like i\ci'1od.s Iiiliii. i|u|r.|.'~1- 1.1 1
SAINT JOHN. N. 11.- The first.
Boy Scout. ficlii |`a_\ for Saint .ieiin
district. which was bcguiiimpressiv
A. last night. The even-is were i Of tlroundwood l1Uii1 T111' i€1'_~L
gouclie subsidiary has it capnv
friction fire making. signal relay.
,spinning_ knot tying, campaign t¢5(,_a, Was about 415.000 tolls, all iiiiren c
gi-“up singing “mi fi,-5;, and gemiid of ll pci' cent fivvr 1035. while out-
ciuss _ewimmii-1,;_ A guiiabio ii-1.1-k put was only 255.0311 in 11132. Cur-
l7'll`|.5 “Hs ::|1;|l'1|1:iilli|ir"_\ 11111'
that of iuipoii- `Fi'n~m~ (111.111,.
iii; iiiiiii-s|xliii‘.1|i1‘ iiiiiiil ,.1 \'.`E|iii1,\i'l1ie
1.i'.k11 1.. 1111.111: iiscii-1. 1111 i-1 i1|0!'1i'..14
at dar.
:il QUi-1lll"1C-i..'.iioi' <i.p.~i'i|ii1iii :iri-
i‘.V
iioiizzi - ii _ 1i;1.=...;fl ..1,;' 1~ si.-_..11.
ih\‘ 1' _';ii1ii1l i'|,- ;»' 11.1.. _-.1~11\
71,111.11.. 1'\'
.\-1
lil ‘
l1.i1\_11\\.|11\ _ik 1. ' 1.1r1:.
l
'i.‘ ‘ ii1'; ;wi.1:|1 11.1111 1? 1_1-1;-~ ,'..|-
" _;|‘1'1.|§ 'i1.1 \\11i...: 1.. 1 _|i:.i \\11-
. . Lid.--.`.t its iiiiiisiiul irilil iii lid- .,;,_,,_ i\._ _¢ I.; , L2, M, ima,-
eiy in October ins; and ¢a|i¢¢-| wi-,mi _ inundsioii, N. B., hu: an uiiiiiizii
half completed on account of un- °Hl1\\CilY Of 50.01/0 1.111. <11 ii1=.|1_1` 1-:
favorable w¢n1,h¢r_ had its fimi sulphite and aiso 12,000 lov... |111-
evsnts egri-led out in the Y. M. C. bleached siilpiiitc iiiiii 42.000 tons
f\lON`I`i?1'T.1\i, Mii1'Cli lii--1CP*-
l’;:c.'-- i|:1.'.11|i ,<ir!'.-i:::'tii|i.'v lower
nil l?;'1 .':o;>l< ir:.':|'ket tsiiiii' drspitc
5' `:i l:1i-- i.'.`i\ \\~i|ii'ii i11i1.1'.11<i pres-
'-!-V , sili'i‘ ii'ui‘.i lsoziio .~.:7<-iioizs of the
100 yard dash with knotting hqndi- 0! 45.000 tons of blcaclifd .<';:!pl|it:'.
eng, artificial respiration, gunna Estimated prodiiciion of bl_'ar-1|:-dl
class first aid dcmmlstrntion, rc-pe ' Slllllhiie llllill ill Ciiimiia for ww 1cnii't'i'1i'.'iioi1 1111.1): _-.iirrlzlly lower
and floor were available for the rent. .wlliiig iiiicoliient-i1<~:i _1.i11|>i1 .c '
tests forthe first time and the Dilip is how #80 i1rr_1<>1} 1j0111i»91'1‘{1 1
events were carried out under the with an overuse Oi S-14 01111111; 111-ib-
direction of the district commiss-
~ Uii uid-wri r- Ui.i‘
mer' owne H' s`°n' muted by Goidllvfinez, Patrlicis lot;-[il-|. .<,f~11.~ -
Jozeph Ciu's, assistant district coni-
misgimier; 139mm-d A, Mcgm-¢hy_ head frame conipleied. main up
assistant district commissioner for Bhd- Sawmill dcli\'<'i'i1ig mine inn- _
mdgui gh Edgar Adams, dist;-ici, bers according to schedule ozitliiu-_cl i
ecoutmaster; R. Dole. district cub- in letter dewat/ai'i_ng of tho tho
master. and Guthrie Alien. district compartment- 110 f0°i-Shflii 15 11?);-11 ____ _  __ _ I.  ,_ _
qU\N¢"“5`i»*‘T~ Ri W5" .5 *WWI underway' Expemed pr0gr(;`s.l “f`,';~,tio|i -i'|liic:l l l-it '.'.i.l\ 1| .'1-' 1:
scoutmasters and revere who ai<_1ed ge misdemaroiiiid 10 fort Pi y Ui EMU ,.'_.`.,_,,,._,,.- _   _
At 7'§"`§Z?`T"`51"`"T'T§7rY§1l`73‘Y’3l`GiW7"` » . _. ,
.. ._ - - i
i iv. l . _ _ \ 1
m th” Judmng .nd "h° “ny ns Ie p es | N |t_1\.;i11.i .~.i1i'l0i‘,1'. .|:]'_.i_\ (‘i|i.\1|- ‘ l in
out of the events. Points won last _ RDNTO _ __ _U _M _mm , ._m'C__r mm, ,,__,’_,_m _ _rh 1 _l .
b.li|i'1i
I\'I1'irils pohird 11lii11f lo:-_-.cs nitli.
riiic in ii l:|t1' i'.f~co\"!'_\'_ 1"i1-71115
iiio'.'11f1 .~ii1r lv f~"..'1|'1 _-1`1i iiliiii-
\||~i'i1 1" _\
111.- 111 i\~.1- ii - li‘ - i111. i%ii\iii11:'.»'
lu il! ii|‘_i .'\.'1|'.|ii1l.| l11.1':' 111 l _'-1.
'L'I;i,'i~ii iii 7.3 Ii--1
.-'ii'1‘i‘ (iv'1_~;ij>.lif? ii:11i.‘ :“.. '., .t
point. Diriiiiiiiiil rlitci ii‘i-i U1-.il
li:‘1=l|rd oil 1-8 ni '_'-1 .‘§if~t1loi‘ Cair-
i;ri:i slipiwcl ihi'f‘1‘ iii1..'.i.' in H7 :laid
gfiiii-iii 11,1, vii l--1 I»i.|i'|'o1.\' g;|iii.<
ii{i|irni"‘il for l{.1||:i`_i'>:i Hi'iil.:11 iiiiti
Gviieiui Siccl \\'a|'1':=.
5
night and points won in October F0 , ivhrt i - -ali ,_  _____ __   _
mu" be checked W" M “enum and EMwn?~wm suspend gpm. ` in  fi"l\l\¢:i"ir>:~.-I1' iigriiis
the winnni- of the field day shield ations. Dccssioii conics on eiig.ii- “___ ._M_____` ..________.) .____.\_,_____ ____
which will be announced as soon as eer; re;-oniiiwnrlatiini. 1.aii .soiiie . -...1 _ _ _ _  _ _.
Name [surface work. Underground oper~ ilustriuls 82,100 sliiiii-~.
_, .
coarse grain dealings including Tonouro. :\i~.1.s. 1:1. .1_.-...__---1 .1i`,_i.‘.`”w""~"'. "`“"‘ "““ 1"" “””“° 1
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