1
’ f . ' ' 11
1 , P ' eg
1 , 1 ’ 1 » -
_ , , _ _..,.  _..._;_._-,__..__, _,
-' . ’? ,
, .M _ rf: ' .
,  -
-..'.'- .-'.1'-.. _‘H
AUGUST 7. 1930 THE CHARLUl'l`l‘IlUwN Gurxxuinn PAGE NINE
 ES TERD ’S STOCK
|_;__g,_:4 :-: .. ._ :-c§:~:i=f:-: 1-;;-;.;
i
Market Reports lil 1
By_GREENSHIELDS 6? CO., Montreal  _
 Special to Stewart Jones & Co., Charlottetown :-: i
:-. - _-:l
~ lil
Call Money 2% p.c.
MONTREAL
llnvllil  ..     ..
tr s ... -. . . . T
,tsl-.»:o ... ... . ..
Brazilian ... ... ... ... ... ...
|;_ ,-1, Oil ... ... ... ... . . . . ...
|;_ C. Power . . . .
.. ... ... . ..
Building Products ... ... . 
Canaria (`ar  ... ... ... 
Canatln Cculent    ... ..
ranarla l‘o\rcr and Paper ..
pnmlliioil Bridge  `
p.,r¢>ign i’o\ver Securities
l`r:l.~.-r Colnpnny  ... . 
Lian.-rlil Steel Wares ... ... ..
Finale Uii   ... ... ... ...
fmporilll Oil ... ... ... . . Us ..
|nfln.lri;ii Alcohol.... ... . ..
international Nickel ... .. ... ..
international Petroleum ... ... ...
liasfey-Barrls   .. ... ...
ul Power .-
_iionlre ... ... .. ...
_\ff-f'-iii Frontenac ... . . ... ...
,\'ati-mal Breweries ... . . . . -.-
¢\',1rif~nal Steel Car ... .. . ....-
l"nn.1ii.'| Bronze  ... . . ...
(_-_-_M-ln liialting  .. ... . ..
[ignilnlon Tar  .  ... ...
Flimmis Players ... . . .. .-
Nnrantla   ... ... . . . ..
pan-1-r Corporation ... .. . . ..
i"rivt» Bros.  ... .. . . ...
Quebec l"o\ver ... .. ... . ...
5
’”1E1~I___j}‘i€:':5‘I'I§l'1l EL -- Iii *_ :'11---513;.: 4.: 
27%
rts
.lim
17
fill
22
el
15
lfiiu
in \,,
2:.
774
11
fi
‘Jing
all
22%
1015
25%
51%
18
301/4
54
431.5
los;
1-11,;
4.5
23
00%
|1215
54
Stlaivinigun ... .. . . . .. 132%
45
1~mellt-rs   ... . . . . . . ..
31-ml of Canada ... . ..._...
Elnlons   ... . . . .
Winnipeg Electric ... ... ... ...
V NEW YORK
31%
37
American Can ... ... ... ...-, ... 127%
tllleyhariy  ... ... ... . . . .
..
Am.-an-l:l  ... ... ... -:__ ...
ilontllx Aviation ... ... ..- ... ..
fonrr-llrlatetl Gas ... ... ... ...lgiiis/3
;'..n1ni»\rci.1l Solvgnts ... ... ... ..
pamininn Stores . . . .
.. ... .. ..
Zierrriv Power & Light ... ....
(.1----its-,ir Tire    _... ...
lliterliatlollsl li1`<|i‘0 Eluifm ~~~'
lnl:-rnavioliall Harvester  ... ..
}{;»n|\r-ct-tt t‘opr-er .‘ ..... ... ...
_\l_-V,-.r.i ilurlsgl\_ Power  . ..
i‘:ir:l|nolint l‘ublix  ... . 
l’enitk A- Ford  ... ... 
Rarlln   ... ... ... . . ...
S/-ar.; lim-bllck   ... ... ...
Fm: mtl Oil of New Jersey  ..
Sr:-.fling Securities A  ... ....
$tuil~l»al<f-r    ... . ...
Yellow Truck   . . . ....
Fox Films ... . . . ... . ...
21%
ani.
311.1
10°/4
68%
03%
:<18-',~..
501-5
30?-s
10-‘li
osll
41
43%
115%
71",;
ll
3115
2.111,
45%
C. P. Il.  ... ... ... ... . . .. 185
Chrysler . . . .
.. ... ... ... 1.. ...
General listers ... ... ... .. ...
20%
40%
U. S. Steel  ... ... ... . . ... 1601/|
BANKS
Bank of Novo Scotia ... ... ....3211
Bank of Mgntreal ... ... ... ,... 
Bank of Commerce .. . . .
hoval Bank . , . .
.. ... ... ... ...200
li.-\R1{F.T REVIEW' FOR AUGUST 3.
1030 _
‘TESL OF CANADA:
At:/‘ntlon bas been directed to
i
tho
;omnlon shares of Steel of Canada in
view of the steady manner in which
i$2.30i_o00_ an increase over the first year
gs" _:U fb! Present prius of aruuud ill.
In yt___ave recovered from the June low
_ s coniicction it is important to
tlke_note thnt nu investor lu -1 shares
_‘_'_\:0 =`i\;@|_m0f Uuliada common totlny at
______\;l;;_ _Vis liecuiuing u pnrtngr lu ,n
3 ifferent equity from the pur.
chase: of 1 share of ths old common
stock at the equivalent price of 184 dur-
ing* August. 1028.
TP* f“‘0~."c:\r interval has marked a
Period of notniile progress in the his.
tory of this olitstuutlilig Canadian in-
llustrlal ent'-rprise. The l:o|npaliy'e
il\\3‘Sil‘ai properties have been extensive.
ly iinprovetl, over $0,000,000 having been
expended on plant. as n result or which
It is ln better positioli than ever to
benefit from llllvnntageoug ¢-r.n¢|1||nng_
ln this couiit-otion. it is iuiportlinl to
note that these expenditures have been
financed entirely out of current earli-
inls. with no nddltlonul financing. The
companys capitalization has never been
increased since its formation in 1010.
the only capital change being the -1-
for-1 spilt lu both preferred and coin-
inon in 1028. On the contrary. the fund-
ell tleht has been redlired from 510.000,-
000 to about $700,000 having been effect-
ed in the past two years. Ili spite of
these heavy expenditures, working cap-
ital has been thoroughly maintained. net
current assets increasing from S13,047_iii0
as at December filst, 1027, to $13,ili3,81S
as nt the enrl nf 1020.
The iiiiprovenient in the position of
Steel of Canada is typical of the pru-
gress registered by a number of Can-
adian corporations since the tlnis two
or three years ago when their shares
were selling at the same level as they
are at present.
ONTARIO l’0\\`ER
SEIKYICE CORPORATION
That Ontario Power Servlcs Corpor-
ation. Limited, the new wholly-ovvnerl
subsidiary of Aliitihl Power & Paper
t"omprlny. Limited, is expected to show
steady expansion from the time that
the plant is ready for operation. is in-
dicated by the rstllnatc of earnings
rontaiilerl in the circular issued ill von-
ll:-ction with the Offerings of S20.\l00.(»00
of ."»\,~} p.c. first mortgage bonds. 'Ihis
estimate, which has been made by
George F, Hardy. consulting engineer.
indicates that for the year 1032-33 the
omollnt available for lmnd interest and
reserves will be $`2.l‘i‘.!,000. The next
yenr the correspoulilug figure will be
of $222,500. The gain in the next year
is estimated at $214,500. in the suc-
ceeding four years the rate of increase
is estimated at a much lower figure
varying between $311,000 and $55_00o. The
interesting feature of this estimate is
that betvveen 10512 and 1030 the ellrulnga
are estimated to increase from $172,000
to $'_’.stl9..‘»00. or a gain of approximate-
ly $700,000 or an average of $100,000 a
year. It should be noted that since Ab-
itibl owns entire stock control the ia-
creased eornlngs will naturally arcrlle
to the benefit of that compaliy tlnli its
share.-holders. The annual interest re-
quireliieiits on the bonds lvill he $1.100.-
000. The amount required lor reserves
is not given, but with the company
showing expansion as estinvlterl the
moun a. icable to Al-ili|»| should bs-
ACTIVE B
in--rl . . . .
._    ._
ii~'-alih.-irnois Power 
PM] T"‘if‘i“hone  ... .
H "7 T`\'»\\er  ... ... .
t`an1fl,1 Steamship 
."1
TJ
i".i.l{....  ..
ilr-ni. T. A- Pham. _ , _
f-nrlnoali Power  . .
Gal.r,|~n\l Power ... . .
s c nal
come appreciable.
OSD PRICES
Wheat
Sept 
December
GRAIN RANGE
__ ll ll 1 ll l Ns
 -»..-1:.: -  slncl lnlnl
High Low Close
 ... ._.'o1a{..|nieg|nri=,,'. _ __ _  _*'
 . ...lame 071/_.lin->l_§ ' '“ “' “-
starch   . ...._llns llozniios
MH? 
('orn
Sept. ...
December  .. . .  0715i 00 1071.-`,
May . . .
\VIN.\'1PEG
\\'hellt
flctoher ..
Ilecelnber
.\iny .. .
Outs
_  ....lim los lion-'-'
._ _  rel' -_-
..  ._ ._.|ll0l,§,lo<; filo*/.
October ... - . - ....I 40'-,ii -i.’i"€i -iS'/5
December ... ...  ...l -10 [-14%, ii)
THE NEW
YORK CURB
(Special to Johnston & Ward)
Bid Asked
Aero Supply B  ...  7
Amp. Cyanamid "B" ... .. 21%
Canadian linrconi .. .. . . -i
_=-ie rs
_.J-ua.-so
»"._‘~f-X
llurant of Dolan-are . . . Zi’-'-i
Elec. Bond & Share   $1
Ford of (‘uuatln_ "A" ... .. 32 .-
gordbpf l3i_i_gland ... . ..  
urn s  ... .. .. ,ir s
imperial Oil  ... ... .. 20‘,s 20%
Intl Petroleum ... ... ... 10 101,;
Hiram Walker ...   Sli. il
.\`i.\`ngara Hudson I. .Q P 107'. liiiii
Sluiitinral Oil of indiana . ’ " 501.1
Sinnlllirri itil of lieiitu<~k.\' 3'_-'_
\'llc\luui Oli    Sill S-1".
Brazilian  ... ...  3ii"l\ iiijfili
Cities Service . ... .  Shi. -”1"_s
cosrlen on  .. .. ._ 43_ gall;
Noranrla  ... . .... 2311 .’.~»;~_..
ifnltetl L & P ... ...  41 -i1',’s
THE MONTREAL
CURB MA RK E T
(Special to Johnston d- \\`ardl
Bill Asked
Max    ...  135
Asad Brew  ... ... ... 1-l 1-1|/1
10%
171-4
,,_»
Asad Gas & Oil  ... .. 40
Beauhsrnois . . . .
.. ... .. 10
British American Oil 
l"nna<linn .\ialting   _
Can Yklers   . .. 0'.
Csrlings Drew  ... ... B"-i
Cosgrove Brewery  . .. % 1
Dalhousie    ... 8
ol
1T
1001
4
Dist Corp Seagrams ..  0 10
Dom 'l'nr & Fhem Com _. 1415 10
Dom Tar & Chem l‘t’d .. W
Eastern llairies . . . . . . .
.. _ _1_i'_
lniperinl Oil    . 20'; -i‘_:
Imperial Tobacco .  0‘4 fi_'_‘s
intl 1’ctr euni  . .. lii‘¢ 19.3
Intl i.'tilit_iel “A” ... .... _-_ll
Noranda -3
Page-Heraey Ltd ... .... SS 80
(Special to Johnston .lc Ward)
. .  . . . _
_.ll1ml‘1o.S~\.l1lo~l,; MONTR_EAL_ Que__ Aug 6__-rhe
 __ _ ___;m|_-_t 93,/_,101 ag local market continues in the dull rut
of the past several weeks with
“""““  ~ ~-   changes entirely meaningless and
'    ' ‘i ’ "‘ trading ofa. very light character. It
appears as if everyone agrees on the
point that the market will not do
very lnuch for several weeks and the
1o» lon i1oil` sidelines are becoming more and
more popular.
The length of the current lethargy
is problematical but those who have
made 9. study of current business sit-
uatlon feel that the majority of com-
modity prices- are grounding bottom
with a slow and steady improvement
occurring from these levels. The
market is no doubt awaiting the first
signs of a general improvement in
business to stage a. recovery that will
be maintained. The constructive
factor ln the situation is that all
agree that the worst is over and that
from now on everyone should take
a progressive attitude. A good por-
tion of the pessimism prevailing is
more of the mind than of fact. New
financing by Paramount Publix now
offering $15,000,000 5‘~i% for expan-
sion purposes.
' LETTER
NEW YORK, Aug. 6.-Wall Street
Mirror says-Further irregularity
niay be looked in the early dealings
today but it remains the opinion in
the best. informed circles that any ex-
treme weakness should be used for
the pllrcliase of the better grade
securities. While there ls no visible
cliaillze in the general business situa-
Liori it is felt without doubt there will
be sufficient encouragement to induce
those who have been waiting to make
their irlarket committments to start
buying. It is also felt that. when the
speculating public realize that a turn
for the better has actually occurred
ln general blisincss stock prices will
be substantially higher _than those
now prevailing.
Forecasts and Factors
NEW YORK. Aus. 0.-Profit tak-
ing sales are likely to be well absorb-
cd and prices are expected to make
further progress on the upside to-
market has a. good chance of growing
active at least until it is demonstrat-
ed that the market will be stronger
Perfection Glass   .. 05
Reizent Knitting _Mills  3 ~i_
5 p.c.
0 pr,
.k
a¢l=~5:U,>;u
11755
aeaaare’
_ _ . :_,:,_,_p
July 1, 10.13
Ort. 1. 1050
Mar. 1. 1051
Mar. 1, 1000
Oct. 1. 1011
Dec. l, 103|
Deo. 15, 1014
Jan. 1, 1040
.Tune 1, 10-Htl
A_pr. 1, lon
song
os
lol
on
on _
lol l
as
101
sou
00%
Gflllneali l’o\\-er
li-'\\\rll'1l Smith ... . . . . . .
lionlronl l"o\rcr  .
\l ni o l I’
-0 -' .'l ower   . 'U
lionzr-nl Tralnvvaya  _ . _
iiftiil-'Wil Trrllnwnys  . .
.\ir.ntr,»,-,] 'I-mmwnyn ___
Price Bros.  .,
Quebec Power  .. ... .
Shawinissn Power ... ... ... ... .
-‘il-’|“`iI‘-if-'lin Power
-‘il-1\\inllrnn Power
i'nilell Securities
... . - ... .
... ... ... ... ...
DOMINION COVE'
ii`ar1.onn ... t __,
“`-'lr l.oan ...   1:'   .
"i"f‘f_\‘ Loan  . ... ...
"i~“i-“ry Loan ... . ... ... ..
Vi'”i""_" Loan ... .
Tir-_ pn- '
'l al  .
Iioflllirlirig ,,, _
ii"f'\"llinl:  . .  . .
Iivflilifliiig ,,, _ _
Iiofunliing  _,_ __, ,_
sh UI
=-*‘..‘<-"¢.._,_:.¢=
UFSFQ 1?
an asia?
Julie 15. 1041
June 1. 10.'i.'i
Ort. 1, 1055
liar. 1. 1070
J\ll_v 1, 1041
.c_ Apr. 1, 1055
Apr. 1, 1055
Feb. l. 1065
Dec. 1. 1083
Oct. 1. 1007
Feb. 1, 1010
Mar. 1. 1008
liny 1. 1052
loo
nail
10214
lo21/,
101
sm
no
local
lol
ar
CFL ,_
niigvlfu
”?Fuv
bees#
108%
B7
100%
ItN)!E.\"l` BONDS
100.05
105.00
102.70
102.85
108.00
6
101. .'i
08.05
103.00
08.75
08.75
5 p.c. 1031
5 p.c. 1037
51/4 p.c. 1033
515 p.c. 10714
5% p.c. 1037
5% p.c. 1032
41.9 p.c. loin
5 p.c. 1043
HS Pr. 1044
411; p.c. 1046
LIVESTOCK MARKET
(Canadian Press)
MONTREAL, Que.. Aug., 6-There
were ll cattle, 27 calves. 26 hogs and
15 lambs for sale on the two Mon-
i-Nal live stock markets today.
Cattle offered were common to
JU-Si- Plain light heifers and lu-ought
around $4.50.
Caives were steady at $9.50 for
S°°d veal. sooo emseers brought
$5.50.
Lambs were unchanged at $11 to.
$1l.50 for good ewes and wethers.
Buck lambs made $9 to $9.50.
Bacons and butchers were steady.
at $12.15 with sl premium per nog'
on selects.
"It‘s wonderful how her heir keeps'
its color.”
"Yea, I'd like to know who does it
for her."
Mother (admonisliing small boy):
And don't forget that I‘m your moth-
er.
Small Boy: Yes, but I do wish you'cl
quit. bragging about it.
Nm Yer! Carb
lmao omcs
nsysl am anualq,
JOHNSTON f-°`WAl1D
Stocks and Bonds
main- umm: so-1 smart. Nw"-1 Cr*
lun", rm-so steel at-eta-1,., lrimpu GM'
lrrbugl, Cbiiuga Boll of Troll.
MONTIIAL TQIBPIIOIIQ 1259.
 
(auxin)
GORDON BLDG. '_
Charlottetown. P. E. I.
B- Bonn. Jr-. Mwst"-
fm-------
Stewart Jones 84 Co.
' 0orrnpo|sdmta of _
lclmonshieids s. co. I
_ leltbsrsdtltelontrealstocklxchmpo l' U
  ll Great George St, Charlottetotn
°  1°' me new is we véewfd-v' but we “el
Reliance Grain Co ...  S SN
Sherritt Gordon   .,130 lil.”-
Slscoe    ... -... ‘Zh -mv
\\'nlker, Hiram  ... .. 0 9.s
lulllllrn
Hoover Asked To Issue
Proclamation F o r
Nation-wide Prayer.
ALEXlAN'DR.l’.A. Va.. Aug. 8-(B.,
pre Y
be laden with rain. If they find one l
they are going to sneer it full Ori
powder and see whether that won‘t
bring rain over this much patched
area. .
Arrangements for the -experiment
from this point..
C.. M. P. lvfurphy-Because the mar-
kets are always dangerous we would
not follow this rally at least until it
in the past vleck
Hornblolver & Weeks-At the mo-
Summary
NEW YORK. Aug. 6.-Vaccuum Oil
delcares regular quarterly dividend.
'TLmken` Roller Bearing declared
regular quarterly dividend.
S. S. Kesge July sales $10,882,428
decrease of 6.8% from July 1929, sev-
cn months $78,340,038 decrease of
1.2%.
U. S. Revenue loadings 919,349 cars
in week ended July 26 decrease 193,-
204 cars from like \ve=k 1929, 1,14 997
ture at Rome forecast world wheat
crop at 6,071,000 metric tons against
7,082,000 last year, decrease 141.1%,
five year average was 5,748,000 tons.
Crude Oil production increased 26,-
600 barrcls daily during week ended
August 2nd to 2,515,300 barrels daily
which is 393.300 barrels daily less
are being di.re<:ted by Dan S. Hoi-_
lenga, business manager of the_
Chamber of Commerce. He has boi'-_
towed an airplane from the Wash-.
Lngbon air terminal and is awaitinsi
the arrival of 200 pounds of rain-
making powder.
according m Hollengr., me pow-I
der makers odered the 200 pounds'
of 1-a.i.n creating substance as soon
1 .
“G "W ‘°‘"‘°d "mt "“ "°"°‘“"°’ cog/reggtne nddltlonrl rally ln grain
ini-hi-S°¢°¢i°¥\°f Viliinis WHS threat prices failed to stimulate stock oper-
ened with ruin as the result of the ations. Possibly this was due to the
dry spell. All that was necessary,
the makers said, was to have the
powder sprinkled Over a cloud by) fncwr which is not bullish consider-
ths as-me sort of apparatus that ia' ing what the farmer has had to con-
med in spraying ootbcn to exteh tend with already.
m”‘°W th’ b°u w°°"'"' Th' 9°"'d°“ list succeeded in moving up close to
will!/ct to 0011602180 f-11° 11101-S01!! 111 levels from which it has sharply
the cloud md the condensed mois-
ture vm ln” mmm., me 9° dm sions during the past, month. _'1‘his
but hu t‘° "nh ” “nn considerable quantity ol stocks in
Hollsnae believes the experiment
to be worm 1-wins. but he also he- daby_'_s °l<>=_1in_s __<lu°i-l_1t10ns- 1-wklnz
pu c par cps on n moplvhs up
uw” w° much huh should nm be these offerings the task is left tn the
put in thas ultra-modern ldem. bullish professionals to develop auf
In making known that the rain flcient momentum within their own
' _ . I I C
mee' '°““° "1" '°° ‘"°°- “° “M "1" ‘° “°°°‘“”‘““  “""°“‘° Assoclated Gas and Electric Secu rltles Company
°“"°“‘“°°“ h° ‘M 'mt th’ ‘°”°""“' mvve lim hoped that an-¢lsy's
“N310 9° PN°id°'l\i' H°°'Y°"f market would supply a bull mad sig- IDC0l"P0l'3f€d
"Inasmuch as the intense heat nal. It. has not done so. we believe office of
and d,rou|'ht may turn into 5 na. extreme caution is still advisable. In
tb e t. this ro should again de 
3;,” dmuwr' 'fm Al°x‘ndn" Cham; cidee tberllllow tge illizrket to take care .
° ~ 0 0 0
°f 001111110160 M085 NUP°¢i»fUUY ot itself, as they have on previous _   CO0’  _
requBts that Your Excellency issue occasions. there would be little incen- “J Q' ,jf -
than 1929 week. Gasoline stocks de-
crease 651,000 barrels, 44,100,000 bar-'
rcls,
30 individuals high 240.95 low 237.22
last 238.47 up .3l_
20 rails high 132.63 low, 131.48 last,
132,06 up .58.
Wall' Street Advisory says-NEW
YORK. Aug. 6.-whatever buying
activity developed early in yesterday's
session appeared to be due to profes-
sional operations and some abort
more sober realization that the bulge
in grain prices was caused by indica-
tions oi’ serious crop destruction, ls
In the early dealings yesterday the
backed away on two previous occa-
would indicate that there is still a
supply at levels slightly above yester-
_ ..._ _,__ __ ________ _ _s
,_i_:§i-:£1-tif.-: 1-:§:-:=:-:is-:"~:-:Q-_=-ee:-'-:-: :-: ' :-:
" Late Market News
§:c§:-cz:-:" :-:=E:-»: :-:_ -:-: :-: :-:“:-:E:-:gpg
:-: E ;.
(Cliudlan Press)
MONTREAL, Aug_ 8.-Produce. The
filfihel' Si»l'¢1\8f-il developed in the
Winnipeg and Ui-iicago wheat mark-
eta was reflected in today‘s trade on
the cash grain market, and values
for all lines were advanced. A feat-‘
ure of the flour trade was the
sfxerlgal-l that prevailed for spring
wheat grades. and values were mark- ii
ed up 20 cents per barrel. Rolled
oats advanced ten cents per bag. Ani
ee-Sier feelin: developed for cheese
and valux were shaded 1-4 to 1-2
cent per pound. Receipts were 2,541
boxes. The butter market continued
firm under a good demand. Receipts
were 2,096 boxes. Ottawa, Ont. Aug. 6,
-Eggs-A little easier tone is noted
today on egg markets at both Mon-
t.rea.l and Toronto. vrlth supplies still,
coming in quite freely. Toronto-They
->_--1_1. __A __ I
appointing to the extent that it did
not further share in the recovery of
the wheat market. Leadership was
not lacking for special effort to at-
tract the following was made by ad-
vancing stcel through last months
high. Other stocks are not far away
from old tops and in all probability
another effort will be made to break
the market out of its trading range
and establish an upward trend. In
view of its action in the last few days
it ia questionable whether sufficient
buying power can be mobilized at
present to accomplish this.
The present recovery has made up
something more than half the dis-
tance from the low point. The mar-
ket often seems thin both ways with-
i,n the trading area but the amount
of stock increases very substantially
as the rwistence levels are approach-
ed. , -
This balance of forces in the stock
market reflects a corresponding con-
dition ln general trade which is mov-
ing along on an even keel. _
Weekly steel production figures
showed only a fractional gain for the
week. We feel that at least l tem-
porary tum for the better mnnot bs
tar away. We would be inclined to
accept trading profits in the event of
any further irnprovement in the near
stocks and add to them on periods of
weakness
local egg market 15 slow and prices
unchanged. Dealers are quoting count I
ry shippers for ungraded eggs extras, _
29-30: firsts 26-27; seconds 21-23, de- 
llvered cases returned. Receipts ure;
plentiful and buyers have a good!
supply on hand, Montreal-Egg re-_
ceipts here yesterday were 2,007 cas-,l
cs as compared to 1,034 cases on the;
corresponding day a year ago. The|
market is unchanged ii tone audi
price. There is some increase in L.i
clearing as closely as a. li‘-tie while
ago, with the result that some few
stocks are being placed ln cool rooms
for a short time, Cliicago spot. 24 .
Nov. 29 l-2.
_.._.._i_._.l_ _
l>oM1N1oN oF,
CANADA BONDS -
(Special to Johnston K' \\'nr1ii
Bill .-\=i<r~l|
war Loan  .. _.X5 i1o."lllof\..iolfll\_r.'-
\\'al' LORD .. ... ... 5 _l03'l'Lll'H.i'»5 101 
Victory 1.01111 ... . . . 5% 1033102.40 l0`.’._._5
Victory Loan ... ... 5\_§_103il102.50,102..5
Victory LOAD ... . . . 5|/g 1032107.75 107.35
]'1¢ng\\';11  _., ,,.I.$l§_1032_l0l_i.’i 101.00
llefunrling ._  fir :i:i_}'1_Z:°-`_-’_E 99-5-'
liefnnrling .. . -I l - -1 2.-»
llefllnfiillt( ,. ..  i‘» liiiti !|\'.‘-'|\ 9*'-Q-7|
PARIS W1NTER FASHION
PARIS. Aus- 6.-Gandhi turiics -
the Paris salons where _winter styles
are being shown. Blouses of India
print, handblocked on wool from _
Kashmir are another of the ofler- :
ings. ` _ 1
India. prints tlt right. in with the 1
wint/er color scheme of rich browns.
score of Paris dressmaking estab- I f
The fickle fashion makers- suddenly
have switched over from tucked in
dey- mture bm W°“1d mammm °°“-“Wa” worn outside the skirts. The Gandhig 1;.-n   ____  _
opinions - tive long range positions in seasoned “mics reach 12 to 13 inches below, |_;0..<lyr__l_nl. _ ._,__._,_ l._.___~ '_-_-_ ‘_-_'_ 
the waistline and follow the lines of l
Hutton and Co.-We think the -
mvmgsyoy & cg .an ordinary-blouse.
C. L, arrivals and supplies are not _»-..1... smelt o|...,,1l,_-
~_'l:».'.l:-mill..-1 __
t`,0'iil1it .\`i--in-l
.\!io Corp ...' ` '-'W " C1
, -‘ -.»-.1--Al 1
liefunlllng ._ ..  l'-,ililli _|\_.iI_ .J,~..\.. _U “Min  ;7:_ .';T'_ 1'.. -. l _
\iii _ C V U ’
GANDHI TUNICS LATEST "Am ]_,,,_,,  .H-._ |_', l\', zu __ 
Ain.
.\|ll
'tlii 'l`ni»:|lro-» . --» is-_
\|m l‘i-p  7.1 7-1 `.'»"-'_»  "_-
_ _tn-1.1.--... . ._~:l1".r\- 
have made their bow to the world lil i _\..l.-.rn an--. 1.1-_ 1.. ,.1 _l _ _~
inaifl 1.--ro ‘ ~ i 1
ll.-n-llx _\.-
llotii Steel
orange ._ 
- ' lv li Ale
1 . _
Con Gus . .-10”:i"S‘rli'7’-i';i'\-1
red, blues and greens favored in a <_g_u_t__Cf_;_r-___- _-~. --
llshments lmv i'hrln .,
. __
mira- r at 1.
Erie
_ ,, F.
_blouses, familiariy called "tuck-ins ilfgge Texas _ ..
to "tuck-outs" or tunics, which arel 0°"
intl cam ...’ i i _ F-"-
ln Nickle  23i¢,‘231/2.23 '23 .--1_2
il'
" Special to Johnston & Ward
.-: _` - :-: --- :-:`=-- :-: ei; :-: -,_~_;_ :-:  :-:  :-:L21-:= :-:E :-:gr-:ii-gt-rl ‘
iii
Closing Stock Letter
 By LAIDLAW Ee’ CO.
I-I ’.- EE' ‘I-$5 I-I
iiii
U" _ __   ____=______:_:____:______
1;.; - 5.; :L ;._ Z; _._ ;~_    =:_-_ _._ = _ _ :Q
U\i'lll Tlllllli
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inuvls riinngi- ill uoiuinr-. Full \|.»|:»-_v one
..pnl..- or a .-l-....ly -.wi t.-nl....l. -.ntl
ed mibstltntilll tie:-rs:r~t~~ trlnn .lu-1|- nnli
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ll-s. On nrcolllll of tho slr-wirlii :xml
1-nga hoard ot Truth- it no--lil ....1 1..-
tnrn tlnit nay at tin- r-\;n-...~ at lip-
less.
l10\"l`Rl‘f.\l. f~'l`()( li il\( |l.\\(il`.
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co- ksl,-1 _ _ _ . -_  _-
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22 Commerce . ..| I l 31-
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tlpor iiiuil i.f-n i.--~' \f(`ii
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l'lil\`.\TI'l \\`liil'l
lvwrnivlrz. Inner this nltsrnnon. with ns(
‘I I-'T lill ills). The \\'»s-kip' trade r¢\'|0\l‘l
~|Iii.\' iniiiriillu tvimtriirtinn lhgnrz-a slinw-
fl----\ l---1 -I--l_\~. Tin--» .-.rs et-parts ei
111.- ....ri ar 1. -.limiter n-lam- mmpnn-
:i--l|\l|\- of “In-nt and corn on thi-_ fhi.
t~\H‘l\f3~iv»K If sriroulntirn interest would
nl'irl.~-t uhicli is nlrrfuly tluli nnrl color.
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vm- p,-.-e r.,l ~~i" :T ' ~z~.\_'s/:1/_l ng
‘vast 1']-~ wt-f <1: -ln 11»-1/_l_pa'_
\"-.--1 tv-1 _ _ ‘ "\“.‘ ffl ' vi-l' mia' *Kg
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v r _v f~.--rl. ' _' - 1 ' 2.115' -v,
is
3
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1,,/_~_».'_
_,-
Old Gent.-Now, can you give me a
good reason why I should give you a
nickel?
small Boy-I sure can. 1! I was an
old gentleman with is nice new plug
hat on and there was iota of nice
black mud handy, and a. kid asked
me for a nickel, I wouldnt start no
argument.
 E   You can stil/ secure Gold Dehmfzz/"3 Bo/ids at
a przce 10 3/ze/d over 5 3/4%
FOR a few more days our employees will continue their
special efforts to bring this sound security to the attention
of Associated System customers. Daily subscriptions to Associ-
ated Gas and Electric Company Gold Debenture Bonds, last
U- P-)"Re5id°“i15 °f this my are lfrom like l9'>8 week and 8,907 below W8€.k,111C1‘€B.S€(1 80 p.C. Qver the preceding week, The fntcrggt
looking for a. comfortable-sized cloud 'preceding week. ,_ . ' .
fu-ssl one known ln advance w International Institute of agrlcul- shown has resulted in the extension of the campaign.
Have You investigated This Investment
_ Opportunity?
Prices of high grade bonds show an upward trend. A limited
number of Gold Debenture Bonds are still available at a price
to yield over S3/4%. Invest today and assure yourscif of this
attractive price. A phone call to our office will bring an em pioycc
to your home at once to tell you about the Gold Dcbcnture
Bonds and the company behind them.
The wisdom of investing in companies engaged in distribut-
ing necessities has been demonstrated during the first six_ months
of 1930. Vt7hile business activity in general declined, electric output
for the entire United States increased 1.4% during. this period.
Associated System electric outputgained 2 .3% for the same period.
T710 Company’s operating subsidiaries produce over 81% of the
total System gross operating revenue.
Gold Debenture Bonds are priced at the market (but not over
$86), to yield over 511%. Investment may be made at thc rate
of $10 monthly per $100 principal amount after a first payment
of $10. To invest ask any employee.
--v-_ .__  ,
A
is damolistratcd that heavy selling _
will not be met at levels at which
. stocks have turned back three times
_ ._ pxocluxnuan for nano-n_w|de ii\_'_e_ to blly Bhd pltlliy 01 1‘€3S0l'l 101' Charlottetown, P. E. I _._.s
J W prayer meetinls to I-sk Divine aid se ng' k 
_ NEW YORK Aug 6-The mar et 1 -_ _ _ _
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