/ I THE unauuyfirlrluwn 0014111315191 MARCH 25. 1937 - _.- L-mc g.__¢e,‘r.'m’ "nQGHtTUIIB-{Elmzif}flttrttllflvjmmsdevvbogizvckjfazro --_..¢.-.-.v. ._ ___.. . g1 pgygregvgryii-vomni-rw-i I iK-owuie 6;. ll-NIGHT 11.30 p. m. Atlantic Standard Time Arllilir B. PURVIS ‘liainnlin National Employment (‘our mission u ill speak 0n “CANADIAN HOMES” ‘ GFGY jut .1 tut-t in ('n;l~t hook-up i i i i i 2 a o s- 9- Q a - n- a Q - n» >- o i- o-I‘ t- ll\\'l\_\ i sT0c1< Q MARKET BULLETIN (Received on: Woods- lleadc and Company special Win) NOON COMMENT i The markets action this morning ‘i indicate; a ivaitlng attitude with, the Chrysler nwollatlons the centre of interest. The outcome of , this confcrentti will probably pro- vide the chic to ihe near tcrlu trend of the market which up to this point ha. only demonstrated n moderate sized technical 1060-’- cry. If u settlement is reached to- day we would expect the market to enjoy a shin-p icbeund but if liege- tiatbns are prolonged it seems probable that another test of the recent lows is in prospect. Laidlaw and Company. F'la.sh—Govc-i'uor blurphy has sent ivcrd to .111_‘\\'»1)l1})8l‘lll(‘l1 that cciifcrezlco is entirely friendly and rt spirit of amity prevails. i Dow Jones. BANON AFTERNOON LETTER iiiuun-Itiiill tllfl (‘i-J 4'IIlIi‘ nnil (u) ~ lurk’, to \ v ; l ~71“ 10455. 3:94.41vonoouoooTovoooooo; FDR SALE lairm oi‘ Ili 2-3 acres, beautifully sutured. 110111‘ village lit vicmruul ha, guuii buildings and laud in high state oi lilitiviition. Very suit/able luv ‘I lox rancher or a. poultry Apply to owner on the b‘ 'I'EW'.-\RT INDIAN, A Victoria. o+¢++o osoooo-o-vv-o-o-HQQH-O L'-8l),'l-L’-25-4-l—B. ]l|"‘lll H05. '9.’ . At the Walker Hotel Stables, Richmond Street l8 good farm horses. well i5 broken. single and double. Some good brood mares, GORDON IVRIG HT. IQ“ L? it mo PAIN-Soothe SORE HANDS byRubbing in INAR-Dl “It iiu or PAIN" IME ‘staged by American i 'l‘he market rallied another frac- iuin this iuiiriling Aiihnugh stocks Ill 1401101111 are still oversold there ' as vet. iiti-le evidence to indicate 1 that prices will go far on the up- side immediately. In view of the opp sition present. on rallies, new , t iii stock. listed in New York should be limited tQApt-riods of weakness. ‘ National Dstillers has been 0f- feriiig very strong resistance to elling pressure. With Distillers in general eta-operating to reduce ove~ prcduction. the outlook for the liquor iudtisry is not one of stead- ily increasing profit during the _ ilext l2 months. TGCOVETV currently . Can is in] strong contrast to its steady de- I ciine when the market in general‘ was moving upward. With Washington likely '10 do ‘ something to curt labors new sit- down technique, there ls now a good chance that labor troubles ivlll become 19's threatening in the near future. Abitibl Pfd. is in a position to stage a brisk rilntip. If ycu have not aireeflv cstablsreci positions here I suggest that you do so now In spite. of its sharp rilnup, Fraser Voting Trust is still a. buy f or further advance. The prompt Banon. i McWatter new ore north contact above 400 level nsiv shoivs length 50 feet. Grade not determined yet, lmt. apparently high. as much vis- ible gold is showing with good min- i emlizatlon similar to ore zone south section. This is very impor- 1 tant development. D. A. Mutch,‘ "Mining Service." ‘ BANON MORNING LETTER The market's oversold condition‘ which developed in recent sessions , was yesterday succeeded by a rniart i rally under the leadership of cop- per and steel shares. While the day's recovery lacked the turnover indicative of a ,defln- ‘ ite reversal of the down trend, I am inclined to think the worst. of the recession has, in all probabil- ity, been seen, filly further correc- tion which may be necessary in some sections of the list. will not be scriotls in nature - Anaconda rose over 2 points. Hold present positions and buy on I nur intli; ‘wait-ll, Ullwr ruti-s an application. GU-s DY Advertising Rates-Payablein Advance ‘Central tiuurillnn lnruln, 4o pa: word; Western and Eastern locals. to ‘per word; Alintiillicomrllln and Coming Events 2n per word; to w: IVIIIII; In lilcnmrtlun Notices, 70o par Inch; Lists of llnrnl Illll spiritual Lllfrrlngn, Lflrtlll, 4nd,, 4e per name; Letter: o! Condolence None-w of ‘Xluinkn and Appreciation, 70o per inch or 4o Classified 700 per Minimum Charge lnr nny n- vurtlsoment twenty-flu cents, For Suit: ,-_- ._ I _. __ FOB..s.\i - 1ll‘ll.l)INti mTt-i. imply (‘iliii‘liilli'ir\v\'ii lltnil Ell-lull‘, ma, Cuninerliintl. L-lilim-z-wl-liiio. p0 .. . . mu C t. Proildt- tk AIllllkv-idt‘. , L-Tfti-Il-‘Zfl-(ll. -—Bi\IIY I‘ll.\.\I (‘JR- Avenue. L-8l2-3 72 3l_-_ FQR. Ll xiagc. Apply 03 Elm F63 .S.'\I.!-I — IIEI ONDITIONED Piano, jiut like 'I'uouibs Mu '0 to i FOR. b LE -- JUNIPIcR STAKES and posts. Terrence Alagennis, plum’ iq Il-iifiil-Il-LM-Zn. i F I?» SALE —- TWO PURE BKED ital Purpose Shurthorn Bulls. '"‘“ year. W .W. Crosby, Corn- " _ ii-829-Il-24-3l. t. - ~ - _-. $ . ‘ ma‘ ' l)l"I'1' RUBBIJIL TIIACES 11;). (fluitcn Alorrisoil, dealer lfl“'&lllf‘l'it‘ill1 Rilbbcr Belling, new used, Fredericton Station. . _ 1, L-716-3-20-7l. =-=: e- - " '-'~ ‘- i erifilivsiat. . ivmn: LILIES’. . , an Hair Fern, Coltless Dah- i " Tubernsc. Begonias. Glcn- iiim House Plants 10c each. flake limes 40c. Postpaid inter- fii: list. Joseph Aitken, Shan- ‘Stir. Z.iI.-I 4... l EMale ‘Ilelp Wiliiitelli: guises-weas- aowocceooauonmswl-ndauotf-nowwonnnuoom "liieelleiieiw luhCAPED —- MEDIUM SILVEREI) l-‘emaic I-‘ux. Jack Crosby, Corti- ivllli. 11-829-11-24-31. INSITRE IN Tlll-I SUN LIFE. AS- scts $777,000,000. 'l'tiese are great- cr than the combined assets of t-he four ndxt largest Canadian Insurance C0ll'i]lt1lll£‘S. Agents ivantctl. Consult J. A. Moore, Currie Bldg, Charlottetown. 22-31. i-"ovNn-a rnovuu REMEDY for Distemper. coughs, colds. ‘flu in dogs, foxes. cats and poultry. ZEV, made by the makers of Buckley's Mixture, _ positively stamps out these maladies. Your money back l1 it. fails. Price 50c and $1.00, at Hughes Drug Com- N-vil-IZ-tl. FOR RENT — NEWLY DECOR- ated B-rooni house. with 851186- A l McLeod 6: Bentley. m, y 14-715-3-20-81. wEifian - MAN FOR. FARM flit Apply stating wages and ifldrencc "D." cure Guardian. c §Q~ .,» ---. -.- ». wilmtn - Two arm-immoral) falters. One married to take, lgt- of farm and live on same. ‘single over 21. Steady 10b weekly payments ApplV t0 Wm. F. Jnrrlinc. Head of Hills- boro, l‘. Fl. 1. L-832-3-24-3l. Write Kay care Guardian. _1.¢:.B98'?"3_'Ffl- VIWYTED T0 TRADE GANDER for a goose. Harold Murray. manure L-817-3-28-3t. ' of New Jersey. Standard lseut positions. Buy more i mon and Pfd, Distillers Seagram, dips of a point or two. | BallllnOre and Ohio's vigorous; iulying power suggests that. the tock will again assume IBIICIGIYIIIP once premure on the market In general is lifted. . _ Hold present. positions in Ameri- can Rolling Mills and buy more around 38. Weakness may be used for picking up Bethlehem Steel. New York Central, Electric Power and Light, Electric Bond and Share, American Water Works, National Distillers, Public Service Oil 0t New Jersey, United Airline", Dcla- ‘ ware and Lackawcnlia, Celanese, Sinmons and Southern Railway. In the Canadian section. Paper "docks were again the star per- formers. Fraser Voting Trust. re- cently recommended in the lower thirties moved tip to 40. Hold pre- for a swing to the 50 level. Price Common rose to 45. Hold present position‘, and bily more near last night's close of 43. Howard Smith should socn do better. Buy more at. the current level. Continue to buy Abitibt Pfd. Donnneoila A, St. Lawrence Com- Howard Smith, Canadian Pacific, and Eldovado. I The daily appearance of strength in new sections of the gold sit- uation is gradually building up a bisLs for a worthwhile run. Yesterday's markup in Stadacona W11‘ definitely bullish as far as this stock is COILCTIIEG. Selective buy- ing 1n the gold; may be considered- iOn reactions accumulate O'Brien, fvIllCaSfll, and Slscoe. Bonon. BAKING MORNING LETTER I said last night a couple of points might come be- fore any further decline and the Industrial averages close About 2 points higher than yesterday. I rally of s still think the general list ha‘ not i ' yet made its final lows but the stock; recommended during the past two weeks should be bought and held. Also, after further con- sideration I wish to say that the final lows might not come 1.111 the end of next week- Electri; Power and Light re- commended around 23 and 24 re- mains n purchase around 24 to possibly 23 again. Indu‘ Rliiyt closes 38 3-4. Buy i‘. at 38 to 37. Anaconda which you should have bought yesterday around 60 ‘rallied nearly 3 polntl. It might react again below 60‘durlng the next ten days but I expect an en- tirely new high for it later. Sears Roebuck which I said yes- terday to sell out at 89 rallied to 89 and clssed 8'1 5-8. Keep out for the present. Philip Morris closed 2 points higher and is always a. buy between 73 and 70. I expect an entirely new high for it some time this year. American smelting rallied over 3 points and if it goei again to 92 start buying on a scale down to maybe '89. Wabash A sold at 14 5-8 yeaterr clay and closed at 15 3-4 today. Buy it below 15. Brooklyn Manhattan Transit gave you a. chance to buy near 42. It will sell again at 55. Buy near 42. Union Bag and Paper of which you should still have half, rose six points. Hold that; half. Allied Chemical rallied 4 points and I still expect 350 for it. later but. \Vl‘.(“l1f.‘1' it will go to 225 first, I canw~ toll. Eitingtzn Schild remains B. pur- chirc around I4, United Airlines around 20. . There ivas :1 fair rally in the stccln, Cil1'_\'.‘iI(‘l' fllYI a few others, but. for siifclrs sake I still advise cnnflninit pllTFIRlFPh for the pro.“ cut to the issues recoinlnendett in the past ten days. The others can be bought if they reach the buy- ing figures given in lait night's let-l-er. Baring. I-‘lash London ltinrket firmer. around midday reacted, Dow Jones. Flush-Weakness in Montreal Thllll 5-55 due to statement by Duplessis that. contract between company and the city will be re- vised to benefit of the city. SUMMARY W. P. Chrysler and John Lewis to confer nt. Lansing at l1 a. m. with Governor Murphy on Chrys- ler strike situation. Oklahoma Corp. Commission fixes April crude oil production allowable at 620,460 barrels daily same as for March- Chesapeake and Ohio 2 months ended Feb. 28 net income $3,458.- 651 on common against $8,885,075 in first 2 months last year. Reading Co. Feb. net operating income $1,081,411 against $1,192,278 in February last. year. First ten carriers to report for February howed aggregate gain of 8.6 per cent in gross revenues. compared with Feb. 1936 but decrease of 6.2 per cent. in combined net operating income, increased taxes and loss of emergency freight rate revenue factors in showing. "Iron Age“ reports steel ingot output this week at 9 per cent with Pittsburgh District rate estimated at. 93 per cent highest since World War, my: labor troubles and price wages rise apprehension have had no perceptible effect on steel pro- duction. , Prosidch Roosevelt plans con- ference wih congressional leaders at White House over week end to see what the Government can do to alleviate strike situation. I‘. 1s Indicated he miiy issue public statement to make radio talk next‘ ._..._..-____.._... I10 MIIIIIPII’! for Dandruff. week on the subject. MINING i N lupin up wan-nus a 0o. i Stocks 01"" I Banks ,,,,,,,, u... (Q y, Huh“ . a i Amerm-e 138 I Itlllllfll D1001 .\1‘Ilt l S ha Inuhuigsuilcul-bmnu) Anon. noun 1" C ‘ Iillltflllgl!‘ I‘ i?“ ___..- ‘- 1355a» o a 117: 5.0a“ n "m." . o“ i Insults 0pm cm» fill ‘fir o“ é; members of Ilonlnsl Ilooh “k (-8,, £0110 s‘ . _ , ihl-I‘ i QIYI III“) ilk (‘our 10D 1W Iloniicfldlllll: Bk Mtl 220 2J0 llriilorile iityiflovl S is 21w inliinuiftr '.‘ | : I A s“"*"" 0"“ ch" E'III§{IIE‘D'II£I'OIDB\TVI' at ciu-iu 241 241 ‘" " . 7i m r " (lull Por -_- at: it: '1'.‘ s: i Produce Prices ,-,» , .:.-;. Rad . ‘them elesrc l" All! n1 Tel 170i,‘ 1701.’, ________ Qlllwllllml" m “u Wm“. Lhroinltim 7m Ailacuntla m . 0314. _ Com we m, Hvhliltlll Si. 81 MONTREAL, March 24—(CP)— mlflfiiflfl‘ 8;,‘ killlnlltlgf IVheat, Nor. No. 2 $1.50; barley, o. {;',‘,'.'.‘"u§t“°°° 1 i; 3"“, M", W. No. 3 93; oats, feed. No. 1 63 minim-nae 315100 it unin am am i-z, No. 2 e2 1-2; oats, c.w. No. a "m" 21 iiyg,“ m, 64 1-1- $134015.“ w: has, M" m,‘ Flounsprlng wheat patents. firsts 151"" u“ Z2 0M0 Iltlllm‘ $8.20; seconds $7.80; bakers $7.702’ fifihdfi: q ‘:8 flmvslpr 1.3m , winter wheat patents. choice $5.75 inml R0011 ~20 pm“ 501 “i, , to $5.80; white corn $6.40. "Mk" 5H,. u...“ i5.» an. =- Bran. ton. $3325; shorts, ton Hfillfilg" m” ‘r3: an‘ c“ '41“ ‘or’, $3886; middllnga. ton $36.35; roll- llurl ‘an; W" (‘nrn r... mi, m, ed ma. bail 90 the. $8.86: III. In. 1,1,‘ "I" l‘? 1117-1- wrin-i 2, pfl’ ton. carlols so. ‘ $2.0? i “faint m m, Cheese, Ontario. 1a 1-4 to l8 1-2. no" Add 312'}, lilov Auto 1t 40, 41 Butter. 26 1-4 to 26 1-2. ha‘: if?“ mu Izliggllfigllii". w,‘ N“ “Fflgfilin cartons: A-l lame 28 to {mm ca?“ 13: tron Blot 511 501,3 v ' medium 25 to 26; 541311‘ uggellcuém": 21 groans 31M a“: lgiésnfl 13324; zg-large 25 to 28; A- 1mm, "T36; (hmdvh i - um ‘to 4. A-pullets 22. 110L011; Ln m ,,,,,,,, f m‘ 43,4, Potatms. P. v1.1. No. 1 Mts. 90's ‘mum c m, i» xi. 1‘frl r-iv. luv. $1.05 to $1.10; ma. No. 1 Mts. 80's ‘ §}"°f,‘"‘ '40 llnll “at Car 21% '22 n35 m $1,... Que N 1 M“ ’ , “on 1S7 1 r w iii ‘iii- a‘ M“ $1.30 m $1.35. ' 0' ' 805i iliiglntiife‘ 3"“ 11ml Ills-Mr»! 1m 18% MONr-"x. March g4_(qp) _ l" I‘ 1%, . l A '" ' - Kmnwclnf" ow 02% Butter prices remained firm on lu-vlittiec ‘a; in». Pne Ry av, a Montreal Oren produce markets l“ ‘m ‘m’ m §{3§‘f.‘:“'d l? W119i! while eggs were uns'ttled.. iiiiii-‘otlgirk 63 N Y w“ m, n“ Graded egg shipments 1n csrlotq lllui-phy ‘d! Nail niii w n T, or less were quoted at 22 cents a ;‘J,",;',,':,,',; an; l::."l::i.“t=.. u: 3,0553 f" He“ A-w- i» n» A- ,1,»- Nm- M, 9,, 3111;, 974) um and 19 for A-pullets. g I °“ w rlggki-fict we’; Butter was quoted at 26 1.4 go Pflififi, m» O ' l _ 1 Pammoun, 23;}; m,‘ I13 Birth l pound for carlols or nil-grin ‘it; m“ r i: I I _ i . g- 1,13,11,50,, prints °' ‘m’ m“ a“ ‘°' 5§ii‘...°'°"" m ‘o - ‘a ' . r-iii. %-‘l-l g .1 m‘, a, 1 ghee.” was quoted at 1s 1-4 w .I,f,‘,‘,‘,,',,°'°" K51,’ ' N 0 _, ~ , “gum (.0 l?“ 131’- whflzvat: bl iwund for ontarlos Pnr (‘High ":71 Radio K o _ s15 s ° m‘ “m” “nqiwwd- '..*.'°“'°{ w" 30-; aw. lino c 0o so Potatoes: no.1. Mts. so‘; 01.05 .'°“‘°“ n mi, §fliiihiiiliifn on ‘“ °° 1° '1-"°= N B. Mo. w.» $1.85 m. R:i:lm:u¥h' °'“° m “,1 0|] [mi 45;‘, “~40? QUE. Mts. 803 $1.30 t0 $1.35. w] 9'2"‘ ‘é; gtddflilcoN .1 1 l?‘ 70%,?‘- Moirrlvin. Itlomh 24-(01-‘1- Zfi. "° 110 i ll T“ “co l?“ m macs held fairly study on Gim- iiggieu -t g‘, 17mm; M, 3g so, an commodity exchange prod- ° u ‘"1 m" 1112:1710 ‘can: 95 0 uee section today. sf; 1am“, 1, "nmd m“ n“ 1m u,‘ Butter spot-Que. regroded 30 ghswifey 3 _ H é; 3.11.20 11E“ 1611;, £41 to tI-Z; Que buyers-inspection sfggrje“ u s Ind Al 40v‘ 1-4 if: 1021-8’ wesmm regradgd 26 “W?” M“ 111$ vnnnmnm 34 - . Slaw Links 1 8 Warner Bros 14 14.5 Chem’- SDOb-unquoted. gfffldanlm a; Q33 QM," 11%,, 1116 Ems spot-Ont. A-large 22a: A- siui rm 30o .0“ A B m n medium 20:1; A-pullets 19a. gilt] can 1% Wm"- u 52% —--—~— about. 400 |__ ' lgugk Illllllll 1m I I D “III Gram Prices ”:l'.".'..‘“.“° it}. ' ti“... Amulet 000 it Wood Carl m Montreal Curb ".-.';-..li:.~"..r;:. c" -—- quotations on wheat ruled today "mxusrin s (Supplied by Infield A 0o. late as well as early, although aigoiil B0453 Isabel-l of HIM-roll stool: checked at times by favorable wea- MM“? 3"" 33415188‘ llli¢IlNIrhll ther in domestic winter crop ter- 1191112,’? I1 -0 , 112017. I Iloua gaold t 91 "9 1 export buyingofwheat }i,{§§,,,,',°°' 4... Morin Open cum was a dominating market. factor. émbmlu H14 A , 7 Something of an offset to favor- 110111 M" '_ Agiilielarilon 18')‘ 107V‘ able weather today were reports Isxgafizf“ 8-: Bol-filgq-lmols 241% 24,3 of heavy abandonment of winter Dfl\\‘IOfl w gig-Q» 3,9“, ‘(I-o “:4 37,‘: wheat. acreage in Ohio, Indiana giiminfaighk 7243“ mun A 201,5 2014 and Illinois. “QM, ".10 5135111111 , miss w. ChifliigO wheat closed 1-8 m 1 (lillbeu y ma?“ 1pm,; W)’ mi cent higher. May 1.40 5-8 to 3-4. all?” . M, Frazer v T c 44% 40 July 1.26 7-8 to 1.26. corn 1-8 off “m, PM $4..“ i 1 l- ' ' - . Mn," 20% $19.5: to 3-8 up. May 1.11 7-8 to 1.12, IIIuti-hlolalgi-ip 5.71:8 m; wnum- ' July 1.07 3-8 to 1-2, oats unchan- ~.""_"’I “ ' 1M9 11031903“ g} 2.10 god to 1-4 lower, and provisions 1M1‘.- (iiuuu rs- a l“, m", '29‘ $72 vlrylng from 26 cents setback to }4tlktl lloinn “$7625 iglullcllell u ’ 12 cents agvgnce. h M (C?) Ijflfa, , °° ' 44 WINND? . MEN — - lluunct Luis 1" iti-{it-iiiixfd 1,13% 1:; Export of Canadian wheat placed litu- glilnfd 141:1“ 1mm. Mitchell 24 21w at over 2.000.000 bushels coupled ‘““§§,,,, 21.510 “mind 99 29‘. with unexpected overseas strength NSIIAKO rlfiig’; n t i -“ NEW YORK’ Muvh MTG-P)“ ‘Wirinrpllgatgifsiilrfiiicliqiigzsrtoglgyuie mgzagidn I m“ ma!‘ ‘danced 5 Wm“ w‘ Showing 3 1-2 cent gains at bop giiiaxiilismond 1231.’! day‘ The" w“ 5 but“ ‘Rmmd levels new seasonal and sever‘. “"01" ""1" ‘or nearby aunt‘ Sn” we" am‘ war Ihi hs were established for “M”, 311511.18 firmed M 590° ha” °7 Puem’ iday alga Jilly wheat. but values i-Trilfiil-"iiiviil 4"" mw and mom M” M cums m‘ at. the close were only 2 7-8 to 1 ""1" KM‘ u 7 gliysla "13 "T101 All)!“ 6519mm‘ cont up. May closed at $1.42 3-4. Bu" loiflalilali . . , _ _ ‘m _ . Futures ‘No. 3 contracts closed 2 £13,525 1081(5); 1 2 and on Sigiiiiimiiiiias its-gill to l’ pom“ n” high“ Wm‘ "l" Export and continental buying Emily’, (viqzilxpn-ic ~11 0f 12'1"“, mm‘ No‘ ‘ axed 3 1'3 redomlnsted the trade. Wheat ‘sill-u; Sltnffi 15"" to 8 points net higher on sales of pu,.cha_ses overnight “we reported iriuuui-iiqiiii “fig, 12950 W's‘ 1,01‘ delivery YWXL July and Italy iipiiiiiiiiiiiiil‘ 12:" N“ 3 “w”: M“ “ab; ‘mly was reported enquiring for Cana- Wendi <1 2'7"?“ 2.5m; Sea, 2.580; Nov. 2.81m; Jun. dim, durum when min. 0;! L at‘), ZATgSTTXBGITlI ceased st. 2.59 P- Demand for cash wheat. imDf°‘/' glldlliygallllaglfll 11 -- m. . Refined was unchanged at 4.80 §,‘,‘,d“",‘o", IJEFQQnQtI f? ozglfifgmg} _ I _-' m‘ fine gnmulawd‘ navigation. Trade in the coarse L ° t k‘ fii”.l2'.‘;.駓ii'°§i'°i.‘t 1111.2": ‘m °° _, __ nu,“ ____ gpllsiilng new seasonal highs. ‘slItlfifii-Ifilllgl: lgkagaup 2 Mind’ m) y Fol-Ky aiiirfitdber rye 111%“ “Eb ' '“'§§,_(gp)._ Utilities 32.211901: .01. “m” n" ‘mmm high" Trsdinl VII fllllY 118111 in ‘"17 _" livestock dealings today with PM‘ go) Ilvduslrlllli high time low MINING cs shady and unelisnnd W i" 17 . 3 141st 181.87 up 2.00. ._.__._ sections. 2o Rails high 01.40 10w 00.12, - i Receipts: Cattle 21: will“ 7'1‘ m“ 51 13 “P 35- ‘Citidéugb’ ‘£120.11 11'1"). 111:1); shew and lambs M; hop 167. ' 2o Utiuuei high a2 so low also m, down h, 1m wasp", on, “m. Medium veal calves sold n $126 h“ 32'“ “p 39' ured trade on the Toronto mining "ll-h °°mm°n i" n“ md"m“nd ‘° 3”“ “I” °" M’ section today while base metals $6.85 and WWW "In" =1 "- m" Jm“ firmed moderately and the golds 59'1"! 15m“ ‘WW4 w Mum” Mo" M shuffled about and closed practlo- made l8 whlle w“! ""1101 1'1"“ ma’ ‘mu’: Lwnl“ all)’ hanged from the prevloul "m ‘t f” 5 “hgdadgdlht , 5h n from . . Aftar ten days of declining prices 2:3,’, Yszuwéena‘ the heaviest m $0.11,“, fed and watered, yesterday's market shoved s. fslr ca,” _nmnon"fln w“ hum 501d M, g9 with g1 pggmgum on m“! "m" m" °P'“°" mmd‘ m a g svo be! r bu in su wlwt-I- Biltfllw" 1"‘ ""1" but most of the leaders were We‘): puma}; thee gm: mick ‘c: made $8.50 with um hesvles and higher. Home soiling wr- oncoun- _ 3°” "m, mm 30,35 390 where it showed in net loss o! 118M! l" '3 Zffidéi‘ 3Z2 ‘$5113 “$1.512; 15mm“- "’ ‘l ,,,,,, w... great and prices moved generally zogmmfiffle (llfiuned w Jew: a; milairigetspxifi: :14 stmtlufi n: “"..';?§‘,.§’,‘;?,‘g“$f. ‘$5,553 m, tip in iiieelizloiiesifniiiiiir. lgoiiiiriiu time. om of! can and was on volume not largo but the general 5mm‘! 3° wm‘ d°‘”“- guugkfutnont: a": 15 ‘:3 w" w" hi“, "u; mo“ o; the Base metals held only port of ‘ruch- - - “in, mid m m. d,“ their gains. Nor-ands closed 3-8 ska-n "m “ u" “m mane It Ls quite clear that the factor higher. 511mm pend 0mm, and w! M’ u ‘M in“ ‘M my o; the "cam; lmmqdhh mp“- Waite-Amulet. added 10 cts each. a’ m u n "m u” ‘um tsnce t» the trend of security Boiler sold! were Mendy w " 2m fi ' prim 1; m; 1.1m- giiumon “n. strong. Lake shore and McIntyre flvlllr “w. wammh“ u “m term‘ in Mimi; added small fractions and Macss- t . even tempo mu, so advanced 45 cents to 7.70. Tow- 9'5"" ' ‘"0.’ 4°:- iiuu. the rnsrllt might enjoy a sumac added 2t. “m” m‘ ' " ' fair slut-l technical recovery. We -——w———-—i-.-— "*"""""-"" feel artful‘: llbifllmfl‘ selling mu “new YOIZK. MEN]! 24-min‘ """‘_'"° "fl" one/inn esry my, and o regn exc Ange stem v. Grea - 4 , _, market turns dull on any milim‘ Britain demand high 4.1a ii-a. low "‘”"“ "' """""“' " '° setback. that an extension of yes- 4.88 7-16, close 4.88 1-2: 00-day Mar-its”: tenlnyts technical rally may be bills 4.03 1-8: France 4.59 1-4; ft- -'d",'lio";g'rf_fm,é expected. sly 5.20 l-4: Belgium 16.04 l-I; i__'___.__._.._ Midis! and C0mplny-_ Gcnnnny 40.23; Canada 1.00 5-82. linen uslnm nnovn mun. PHONE 1411 - I"! MARKET BIOADUABT ITATION CFC! 12.30 AND 7 I'M. PBIVATI WIRII OONNIOTION T0 CANADIAN AND i AMERICA‘ SECURITY MARKETS viooiis llEAliE couriiiiv srocii iiiioiiriis Pl O FF I C E S BIIARLOTTETOWII AND 8 IIMMEBSIDE PHONE 108 1 i _ MORNING srocx Lizmii (halved our lillllolil and 0o‘: Prints Win) there is no news this morning which might help the market. Mussolini‘: ~l>¢¢<=h yesterday 1n Rome criticizes England and docs not. help the whole European situation. The United Auto Workers of America. nt I mass meeting 1n Detroit threatened Ford as the next ob- jective of their unlon- Walter Chrysler and John L. Lewis are to meet in Governor Murphy's office today nt 11 o'clock. American Pet- iolcuin Institute reports an increase in crude oil production of 15,300 barrels daily. Gasoline stocks were up 387,000 barrels. Bunker Hill and Sullivan for 1938 reported profits of $4.72 agalnit $8.06 in 1935. A stockholders meeting has been called for April 22 to approve a. V split. up in the stock of four to one. Dividend meetings scheduled for today are American/Shipbuilding, Pacific Light and Traction and U. S. smelting. The sIOCK ex- change will be closed on Friday Luropean markets will be closed , on Monday. In view of the holidays and the uncertainty of current news we would look for not more at this time than a further tech- nical rally followed by some sec- ondary sailing. l_ March 24~Uchl .Go1d wiles-letters from Harry ‘Merznsnce, manager director, re- pslved by local officials said that unwatartng first shaft was well under way and that sinking would start before the end of this month. l tmw YIDRK, March 24~Agaln i Century Mlnglng comm-D. F. Wright, consulting engineer, re- ports satisfactory progress is beini mode-st the company's wast short property in Manitoba. Sinking of a three compartment shift. will be started in s. few days. Roylltte No 4—Sterllng Pacific No. 4 south Turner Valley. latest. contribution to crude oil produc- tion was ytoldlxig at rate of 1,880 barrels daily. according to Mon- day mining reports from tho field received by J. H. McLeod, presi- dilnt of Royalltc Oll Co. It was of- ficially classed. as the biggest well 1n the field and therefore in the Empire. TORONTO.- March lib-Dalhousle No. 8-As rtated before some un- easiness is. noticeable concerning Dalhousio No. 8 well. The success- ful outcome of this well is of de- cided importance to the extension of the northwestern flank of Tur- ner Volley and developments are being watched very closely. Whether or not. it is to be success- Iul oil producer should be known in the next day or two. Believe this situation inspiring nervous selling in the oils. MONTREAL, March 24~Ncws- print-Minnesota. and Ontario Paper and St. Laiivrcnce Paper an- nounced eontract ilrise $50 a ton for first half of 1988. Canadian newsprint exports in February up 22 per cent. ln tonnage and 30 per cent. in value over Febrwiry 1936 and for the ll months ended Feb- ruary value was up 211 per cent over previous period. Canadian ini- porti incensed for first. 11 months of present fiscal year by 17 8 per cent. Canada Northern Power net earnings for Fcbmiary 1937 down 1.2 per cent. over February 1936 duo to increase in nmoilnt of pur- chaaed power, but. for both January and February net. was down only .36 per cent. compared with first. two months 1986. Production of Electric Power increased 5.8 per cent dilring February, and 6 1 per cent during first two months com- 1 .... _. ..._.-. s- _ TOBACCO CO. LTD. fHAI.i!)TT?"3WN 1 s! pared with corespondtiig periods last year. Automobile financing showed a. gain of 70 per cent for. February in both volume and [amount of financing as compared with same month a year n30. Gold production January output up 10,4 per cent over January 1930. MONTREAL, March 24-Stada. coho-Announcement was lngdg here yesterday by Stadacoila Gold Mines of a. strike 01' "extremely high grade ore" 1n slope 643 on mo, 600 foot level. Roy Anderson. man. aging director of the company, has left for the properly and will re- turn Friday, at which time a hill statement will be made. LANSING. Mich, March 24- "Bame formula for settlement of the '16 day strike 01' Chrysler plants l; expected to come out of Governor’; conference in the near future. It is believed Mr. Lwis will make some concession on U. A. Wis de- mand for ole bargaining rightg which will permit of settlement that will be mutualy satisfactory u; r all. sides. It is believed the union Ls aware it cannot obtain its demand [in full and that only through com- ipromlse on its part can an agree- ment be reached. Montreal Stock Exchange (Nllllllled by Pltflold I 00. rumba-I of Montreal Stock limb-m ma om Mum) SIMICI Bell Tel llrazlllun llrilck Silk I! 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