1929 . I ` - ... ~~ s 'nm cnA1;.~/eg - r »-_ . ' ’” ',E="- _ _,; . .» 5?' _ _ __ ____ _ Look"1`1p_at`tl1is sky- scraper,-7 thefsize of_ t._}1_e3,‘g goo_d_§twistt_y_ou swap a. ewcents or ~, __ ` when! -'_y_ou,(’askF ;forf __ _. . »3'f‘~¥~-. - - - -~ - Q32 H' I CIQEY--srl _ _,___ _ __1 \__:__»__ HICI-IDUDN ,. ....carr¢_k?”_Wl1 '.11' 'ff ` . .§.§-_’§` \\\\\i_.&~ " - dill . .`*.--. L-_-jo `i_\v~\.\ \ _ an 4 ' ~/is ' `l _/ll. 4 , .”-if 5 ffi’~/0*! ° Article 9. By DON MOORMAN. (Copyright) It is impossible to reduce stock market trading to an exact science and nobody is 100% correct all the time. All human activities in busi- ness orsocial life are subject to a certain degree of risk. In most cases it is usual to cover a risk by taking out insurance--you insure your life, your house, your automobile. or your business, but I do not know of any company who will insure you against loss in the stock market. However, it is possible to minimize your risk by the use of "stop loss orders" which act as insurance by limiting your losses and protecting your profits. No matter how bullish the news on it is, when you buy ,a stock you can never be absolutely certain that it will not drop below your purchase price. Some unforseen development may occur which wlllaiiect your par- ticular stock, or have the tendency to depress the general market, your stock acting in sympathy. At the time of purchase if you ace a stop loss order, your loss, if tween the purchase price and the point where your “stop” automatical- ly works. For example you buy 100 shares of Eastern Gadgets at 60, and place a. stop loss order at 5'1. Your order reads. ‘sell 100 Eastern Gadgets at 57 stop.” This is not a limit order. and it does not mean that you can be certain of receiving 57 for the stock. But it does mean that your stock is for sale when the price drops to 57. Then it autom_atlca1ly becomes a mar- ket order and is offered at the market price. In a rapidly falling market with many other selling orders at 57 in addition to yours, there is a pos- sibility that your order, now a market order, may not be filled before the price has dropped to 56 or possibly to 55. In any event you have limited your loss whereas without a "stop" ' the price may have dropped to 50 or 48 before you realized what was hap- pening. While this method of limiting losses is simple. it is not foolproof, and to be of advantageto the trader it mU5i2 be usedintelligently. The distance of our stop from the purchase price the stock. It is obvious that a three- joint stop is useless in a stock which is subject to‘wide ductuations or which varies from two to five points between sales. Do not put your stop too close to the market-floor trad- ers have a peculiar habit of "gunning for stops." The stop loss order can be used to good advantage in protecting profits. Suppose your Eastern Gadgets run up to 72: you have a paper profit of 12 points. While it has undoubtedly been a Bull market and your stock may go higher, it is wise to protect what you have by placing a stop at 69. A further pdvance carries your stock up to 78 and you hove your stop up to 75. At this point the market weakens and Eastern Gadgets starts to sell od rapidly. Your order is stopped out at 75 with an actual pro- fit to you of 15 points and the stock continues its decline back to 65. If you had not had a. stop in at 75 your profit of 15 points might have dwindl- ed to five before you had the wisdom to sell. In every Bull Market there are some people who will _pick the right stock at the right time, get aboard for all they can stand and attempt to "rlde it ragged". They will tell the world all about their paper profits but when the party is over their profits have disappeared-gone iiooey. They are conservative in their choice of stocks and when tobuy, conservative in the extent to which they margin them, but when it comes to deciding upon the time to sell they forget all their caution. They hold on, not satisfied with a conservative profit, nor a substantal profit, striving for the last "eight" at that elusive point known as the top of the market. Even after the market has reacted a bit and while there is still a chance of a profit they won't sell. They hope for a sudden burst of strength back to previous high levels, but instead, the market fades away and they are lucky to break even on their trading. If they had used a stop los order part of their paper profit could have been turned into actual cash profit. There is a saying in the Street that "Bulls can make money, Bears can make money, ‘sometimes the Lambs make a. little, but the I-logs never do.” Y . must be govemed by the nature of ( UNCLE RA Y’S coRNER| ovan, 311 Grafton Street, on. Feb. 22nd, is regretted by a large circle of friends and relatives. The late Mrs. Donovan was born in NewfoundlancL77 years ago. ' She had been in failing' health since the death of her husband, who predeceased her about four months ago. She bore her suffering with tion to the Divine Will. There are left to mourn the loss of a loving mother and grandmother, one daughter Mrs. Albert Ward, of this city, and seven sons, namely: Thomas, of Lowell, Mass.; John, C.N. R.. City; Samuel, James, Charles, William and Harold all of this city; also a number of grandchildren and great-grandchildren. » The funeral, which was held on Sunday, was very largely attended. The remains were forwarded to St. Dunstan's Cathedral, thence to the R.C. Cemetery. The services at the Church and grave were conducted by Rev. Father McMahon. The pallbear- ers were six sons, namely, John, Charles, William, James, Samuel and Harold. The following are the floral tribut- es, Mass Cards and Spiritual OiIer- 'lngs:- Wrentn-Frorn B. 011.. 11'. s. E.c_N. Ry's. MASS CARDS Mrs. Daniel Steele and family; Mr. and Mrs. Dennis Dowling; Mr. and Mrs. John Murphy; Mr. and Mrs. L. Clinton and family; John and Mrs. Conway; Mr. and Mrs. James Dono- van; Mr. and Mrs. James McCabe and family; Mr. and _Mrs. Wm. Collins; Mrs. Mary Praught and family; Mr. and Mrs. Charles Donovan and fam- ily; Mr. and Mrs. M. J. Bolger and family; Mr. Danielcoughlan and family; Mr. and Mrs. Frank Collins and family; Mr. Wm. J. Donovan and family; Mr._and Mrs. Michael Jarvis. SPIRITUAL OFFERINGS Miss Mary Bolger; Mr. and Mrs. Joscphi McLeod and family; Mrs. James Docherty; Mr. and.Mrs. W. B. Montelth, Jr.; Mrs. Bernard McClus- key; Mr. and Mrs. W. B. Monteith, Sr. and family; Mr. Wm. J. Dono- van and family; Mr. and Mrs. James McCarvl1le; Mrs. J. Morrison; Mr. and Mrs. John Donovan and family. (Patriot and Boston papers please copy). WAYS OF THE OLDEN' INCAS III. CLOTH AND HOME LFE The olden Incas were' not very tall. The average height of the men is believed to have been about 5 feet 3 inches. The women were two or three inches shorter. What they lacked in height, they made up in skill. Of all Indian tribes in South America, they were the leaders. The weaving of the Incas was the best in either North or South America. Using cotton or wool cut `;l\ 4 | ‘r. _ -' _".';\- =rssa:au~aes1f.nwrt 1'. _ _j 'i __ “'c11"»~1\i#@»-We Picture of an Inca house based on clay model found in Peru. ' s ` 7 \ . “Z from the long-haired "alpaca," they made cloth bags, ponchos (or shirts). belts, shawls and robes. \ Work baskets have been found in the graves of Inca women. They contain needles made from thorns and also from copper, along wi_th balls of thread. Some of the baskets contain dolls which had not been finished when the women- died. We may imagine an Inca mother making a cloth doll for her little girl-a deed which was to be her last on earth. In the warmer parts of the Inca empire, the people usually lived in low wooden huts. Sometimes the walld were coated with mud. The roofs were formed of thatched grass or of matted reeds. In cold districts, the walls ‘ of houses were commonly built of stone. There were also adobe huts in Inca Land. Adobe is mud dried in the sun. It still forms the walls of many Indian homes in Mexico and the southwestern part of the United States. If you were to make a. trip to Peru, you would be able to nnd bridges built by the Inca Indians. These bridges date back from 400 to 1,000 years. They may be called "hanging bridges," for they hang from high banks at either side of rivers and streams. They are built of branches held in place by long vines, or braided strips of bark. That may sound as though the bridges were weak; but they are really strong. Scores of them are still in use. Loaded mules have passed safely over some Inca bridges. JOTTINGB FROM MT. STEWART. . Miss Emellne Jardine, Charlotte- town, spent A few days in Mt. Stewart tho guest of her sister, Mrs. H. D. rlnmn. i ...,... ...,;|... ....un muy... mme- asia- -umm -fam. mur- 1_.>Ass1-'JNGER AIR SERVICE DITWTIN P.l.lSl.AND AND MONCTON f The Alf mail piano viii curry. punnron. andllililt . llggsgo _between Charlottetown. summsnida, and Moncton. - -- 'f Enom or sun. raltslrrmo, as an fouowfng nem- ‘ ; Charlottetown-Blmmoflldo ........ 8103"' , _ Summer-side-ltloacton |15-00' __| Baggogolooporlb. ' _ -_lgsgnlpgogaggognnosbognnnhod owinrfoolt- ssisfgi nsjljif P °`§ii . 4 l . _'|¢gi»m\»cair1»¢u1»wnnf|¢n.m¢fua»....wM . unoannnrn mn or numerous _Immun 11.00 A- ll ‘__ jim' ' ..l!.llP.l~ 31% 1 - _ . \ 1 r Mrs. Fay Glover. of Charlotte- town. paid a short visit to her old home town. Mr. Guy Glover is visiting relatives- in Hunter River. We are pleased to learn that Glu. 0006 005111. Jr.. is much improved sf- ter o lengthy illness. , Mr. and Mrs. R. C. Clark left on FUD- 30th-. 011 a trip to Montreal. Mr. Andrew llclinnon, Pisquld West, hu been aging ummm "_ Plifinl to his residence. havin( rs- built it inside and out. 'nib Mum. giiiii :E is sit; iiégi _sr 2_5 Mr. and Mrs. E. P. Clark paid 9. visit to relatives and friends in Geor- getown. We are glad to know that Mr. and Mrs. Daniel Blrt and family are out again, after having the Grippe. ` Mr. Roy Leard, of Leard's Garage, deserves credit for having installed an up to date Free-air-service, which will be much appreciated by tho mo- toring public. _ Mr. Sterling Clark. of the well- known flrin of Clark Bros.,_hu been beautifying the interior of _their M019. by adding a boot and shoe cab- inet Gtluipped with mirrors for try- on, and fitting shoes, when it comes to advanced ideal. leave it to Ster- iilll- D 'cosmos mason rum ln_n11mu1 will l Javanese engineer au ln- vcntod apparatus employing mag- notiun. ` _ I _ the motor MRS MARGARETT McLELLAN At her home Cardigan, P. E. I., on February 11, the death occurred of Mrs. Margaret McLellan aged 73 years. Her husband Dan McLellan, predeceased her some 12 years ago. She was 9. daughter of the late Rod- erick Gillis and the la.-te Ann Mc- Lellan of Bayside, Lot 14. Despite all that medical skill and the tender cam of loved ones could do, she succumbed to pneumonia after eight days illness. Deeply religious in life, she died well Dwfllared, having been frequ- uently visited during her illness by her beloved pastor, Father Rooney, who also administered the last rites of Holy Church. Mrs. McLellan was a woman highly esteemed in the community possessing a spirit of kindlinees and charity, she was ever true to her high ideals of fer- vour in God‘s service. She leaves to moum the loss of a. loving mother, two sons and one daughter, namely, Joseph, Anthony, and Mary at home in Cardigan, also two brothers and two sisters namely, Frank, Bayside, Lot 14, M.athias, East Boston, Ellen, of Bayside, and Mrs. E. McLellan, in New York. Rev. Rather Gillis of Summer- side is a nephew of the deceased. The funeral took place `on Wed- nesday moming._ Requiem High Mass was sung by Father Rooney, who also conducted the services at the grave. Many floral tributes, Mass cards, and spiritual offerings gave testi- IDODY _tothehigh esteeminwhichthe '”`Siidi"o"C6lds 'I ' Always Ended In Bronchltis Mrs. John Wilson; 148 Mamslon St., Loudon, Ont. writes:-"I have always been troubled with 'psvere colds which 'always oncbd in bronchitis, but since “Elf J--if Dr. Woo¢l'o » Norway Pino f _ Syrup lo, as it tooough t°.°.““f lulband camo homo 2.1, .'.£’.*‘*...‘itt_f»“°"‘°’°' . a ° f also as gi #ii Eta g _ is _§. si ited Blah! li 5 s ? § s ‘- > -.-fl.. . .,'~.__-_ ,_ _ _ ,_ _ _ _ ,_ __ -- ___;_.;____.1._..._1f.__,-____ _,sv _ . , __. .~_ np., _ _ ....m..'m.é-.-:lf upcnly 'I`ho'I’.Milbu1-110°.; sf? .........»»us..1s<-11.31. great patience and Christian resigns.-_ “----’ sauc_es gravles Stews deceased was held by a wide circle of friends. _ May her soul rest in peace. JAMES P. VICKERSON There departed this life on Dec. 28 1928 at the home 0! his grand- son, D. J. MacArthur, Fort Plain l\'. Y. James P. Vickerson in the 90th year of his life. The lat Mr. Vickerson moved ‘to Fort Plain four years ago. He was a native of North River, the son of the late George et P ll rd) Vickerson four great grandchildren also one brother George 0. of Waltliam Mass, together with numerous friends and relatives who deeply mourn his passing. The sons are John A. of Hayward, Calif., Edmund of Fultonville, N. Y. The daughters, Mrs. Hector MacDonald, of Van- couver, B. C., Mrs Robert Port of Arlington 'li/lass, Mrs John Cum- mings and Mrs. Miney Elliot of Fort ell of North River, at whose home the funeral was held on Jan 2nd, and was largely attended. His re- mains was accompanied by his grandson, D.J. MacArthur and son Edmund arriving at Ch‘town Mon- day evening. The pall bearers were Stafford and Mack Vickerson and Bertram Younker, nephews of de- ceased also Percy Lowther, Fred MacGregor and Hazen Howard. He was tenderly laid to rest in Corn- wall Cemetery beside his life part- ner, there to await the Great Judgment morn. Rev. A. E. Aitken officiated at the house and grave. A few more years shall roll, A few more seasons come, And we shall be with ‘those that rest Asleep within the tomb. OFFICERS ELECTED ager-J. Westren. Secretary-Treasurer-A. E. King. The directors are: Hon. E. B. Ryck- man, Toronto: Wm. Coyne, Wilming- ton, Dei.; E.B. Germain, Buffalo; A. B. Purvis, Montreal; Wm. McMaster. Montreal; G.H. Eaton, London, Eng.; J. Westren, Toronto; D.E. Beynon. Toronto; A. E. King. Toronto. The regular quarterly dividend at the rate of 7% per annum on the Preferred stock of the Company was declared. payable April lst. This makes the ninety-second dividend I3 _ l,- 1|d¢-I _ "£1983 lied Twonlo HIWII Sdn Jah Oli# Oni Widfd Vadim' Thu Han Bodum Ill! _ Bannon mvestgrs Calor: ' V . . _ SI. Jdir. 171|- _ Far III hh* 3'* offerings and Margar i o a , and in 1866 married Margaret Mc- Au"”_‘___ __ \ l W ---n l g ===,. BOND yields, on the averageyaro higher than they were ayeqr a The pendulum of t e money mars; has taken one ofits periodical upward While this temporary condition 1 to obtain fixed-interest securities at ao- tmctivc prices. "lnvmtment Recommendations” dea- cribes more than a score of selected phone or sen us your name and address below. Na1n¢...-..-............... q \'.\ \ »- _ /{'. 4. have a rare oppomm ty Co free on request. Tele- ,Corrnlck, daughter of the late John _ McCormick of North River who pre- , ` _ . ' dems” him me md fi" Royal Securities Corporatio months. He leaves to moum two H I sons and five daughters, twenty- Ru » _nd eight grandchildren and thirty- “Y B“n‘un3»Ch‘“i°tf°t°Wn Tel hone 822 09 Plain N. Y., also Mrs. John E. Jew-‘ ' -_ _ I 1 1 A Ojnu . ._ _ '_ I * _ _ Nuisance to Necessity Thirtyyssrsogogasolino was ddr* on the market. At that time the petrolo- _ V um industry was engaged primarily In /" keeping kerosene lamps burning and mil- ' plying* lubricants for machinery. Then' refineries were so unsuccessful in disposing of that hothorsuuo by-product-gasoline that they attempted to solve the difficult problem by dumping it into convenient rivers and harbors. » Last year over 12 billion gallons were _- produced, over seven-olghths of which wnl ’ consumed by automobiles. _ The gasoline distributing businels today, is an indispensable public service. Wo are /I A, kr' _,r‘ 1 F , . » _f" _. motor lubricants. _.- At a. meeting of the directors of the ily? » f __ ' ‘-if Dunlop on -» mb-» some cn. gfforupallnf-I Limited, the following omcers were ’ ' _ again elected- Nlll.0'|TET6ll H E B R claman NALIF... recommending the securities of I _rapidly growing company successfully ollllled in the business of distributing gasoline and f May we send you full particulars! ~ ~ President- on. . . y . M. "M “°m.”“,_ Vice President and General Man- .N ' ` ~' paid by the Dunlop Co. without in- terruption slnce.1899 when tho 7% Preferred stock was originally issued A divdend was also declared upon the Common stock of the Company, the majority of which is held by the Dunlop Rubber Co., Limited, of Lon- don, lmgimd. Eiectrioaily weldedhollowsteelair- plane propellors havebeen invented to save weight and reduce coat. Poland has three profes rganintinns of persons engag electrical research. ' An automobile tire pump has patented that is opemtod frof rear wheel of I. oar. A. new motor fuel develope Ge1'm.any consists ol gs Ciwfsed with iron carbon. 6' ‘ A 1 l 1 . v i I ‘ I i ' 1 _ _ £9 -_ -4 ,... _.-....- Ll " . 1 _ ._ _ “Everbr1°te” ,White Metal Spoons Greatest Premium Yet Offerel i .r` _ __ 1 I _ /__ new or renewal subscrip 'ony' __ _ '.1' Here is your opportunity to get in on a real premium. 'f' "if / » ' 1 e ` '1 *- »;_ 4, _ , ‘“ ~§_. _ 1 ,>,.”~f p.. .- `1¢,.~‘~. ‘» . . . - .-1 =._ .5 » me .-»»~». , ~ _ , . » ' .. ~' 1 0 i “ ‘M * U _ \\7>i'°'\ *v _,l "» i ~ .`.-.1 A 1', ‘ 1 » . ,a \ A . .~ , , . 0 - _ For every yearly, ` _,. I _ _ received to The 'Charlottetown Guardian it ,will entitle" the sender to their choice of a half Dozen Tea or Dessert' _ ’ ~ “Ever`brite” .White Metal Spoons. .m__,_ ` /T" A`ct at once and avoid disappointment later. . ` _ Only a limited number _will be given away. = 1 'A`ny_ Subscriber sending in their own renewal and ' mae new yearly subscription will be entitled to the full _ ozeno ' ` ' i ' "Send in-yourysubscription without delay. . __ _. "' _ _ma _cHAR1.o1'1r1'ow.v c_U.4no1A1v -- '_ -_,- yi., _ ._ _ _ . . - < ` ' o 1 _ ‘- * ' a " 7 R ~ " ’ ‘ ' - _ _ ~F~>li.e’_‘-.._1_ri,'.'Sr_.` _-.5 \ . ‘ _ _ _ , " . {‘ _ _ . :_____-r¢______~_ . __________.é . ,t _ ___;_____