Trade- NDGHI for the 'past month confirm earlier expectation of an exceedingly high rate ot in_ dustrial ectivit. they also increase the uncertainty with which the longer future is regarded. In several ol thekey industries the daily rate of production in February sul-passer-1 any previous record and current in. forlriltlon indicates that additional gains are being made in the present month. With the momentum already acquiredit .now seems fairly well assured that production schedules will be maintained 'through a good part of the second quarter. A high rate 0! Production is not a source of anxiety if it is closely re- lated to consumer requirements. Present activity, however; in some cases seems to ba based on what producers think they can sell rather than -on a. real urgency of demand. A response of this sort to the pros- perity enjoyed in the latter art of 1928 is natural enough, but it is oi' such- stuff that trade reactions are made. ' Prospects for spring business are oertaintly not unfavorable at the moment, for employment throughout the winter and early spring has been good and purchasing power is high. It is rather tlmt there arena number of uncertain factors in the situation which may or may not radically change the position. Un- favorable weather alone can so re. turd the movement of goods into con- sumption as to produce undesirable congestion. when the volume of pro- duction is so high. The outlook in the building industry, while still not very clear, cannot be called satisfac- tdry. /A reaction from speculative excesses in stocks may adversely affect consumer purchasing power at almost ll-HY time. The position of the Automobile ln. 1 dustry -_ Competitive efforts of automobile ' .'|'Hi=:”'Cii/\RrZ01*r|t'rnvin~i cm\Rm‘i\’N‘ _ the market approaches with the acl- vcnt 0! spring. Production in 1020 _ ._ _ _ _ _ ,_ ' A “M less than 1 nel- cent. above tbc ‘fll~*l‘1iu':l:l.fn "=-*fl 3' 113. `_;.," cuput in 1020 and that by grace or ' ldgi ,, _ 7f_’f:t»_..~Z;‘». an increase in exports. sales in the ,ll|lll'.l-',_,“,._;,,,_ /-_, "-3;. iff `Q}If_>"`f1\¢1 domestic market, in fact, were lower $*“i`C€.?'.1!5§~'»7 _ _ ' _;_ " “`_,` ff-‘K ' than in 1925 1928, and were only at ' D " ‘ I " W" ` ' _ , the level of 1923 d$p1tg an accumu- ' I ‘ml "°'“”"l °="‘°d ‘mm Ilidh in calories and w ' - arming car 0- ihe nrcwdlnz year whether much ... . ....'........ ...;. 1.. .....1l.i.... _liydraies-N0 fuss or bother-~jusi warm this year, therefore, ls plainly a de- ' _ batable question . 0 in vicw or me rapidly rising trend, Made by The Canadian Shredded Wheat Company. Lid. of exports imc- the growctu or ine rclvlaccment 'market ii. seems not lllllllleli’ thatiunder favorable con- ditions an output or 4 and three- quarer to 5 million units can be dis- Weed of-_ The possible existence oi' some unfilled shortage carried over from 1928 andthe stimulus oi' lower prices together with high-pressure salesmanshlp contribute to this con- dluslon. Conceding the' possibility, the present very high rate of pro- duction can hardly be continued long except at the expense oi' the Industry's well-being in the latter part of the year. The Output of cars and trucks in February was estimated nt about 470,000-an annual rate of nearly six million units-and a still higher rate is anticipated for"thc current month. If production through the second quarter holds at the pres- ent level the intustry will be faced v.'it1h the necessity of reducing its output by nearly.33 per cent. in the year unless the potentiailtiee of the market are far greater than now realized. There was no more of 0. re- 'cllction than this ln. me miter part of 1927. Tha Decline in bums" wn¢in“cs_ |thoug_h building volllille for lllc \' -;'.~_~ l;1\,1ll1l1 1'cln_ti\'r~ly low, With ample The vmme of building Contracts would fall below that of nlly fi in :.‘._;vl,-1; _gf l;f.~l`°'*¢'“fl1ll‘-" I-`°-11'* _l""='l1'l l' l'= fllll nf-Ccssnry to watch 'Q _ » ~ wlzipiii \'c1".'_c‘Zcsf:l1.’. . l l I Ofscuz lleuhel Troll! THE development of motion _picture entertainment, which has been so remarkable during thc past fifteen years, has now entered upon a new and revolutionary Euifu Saint John Quin Ollell Winning Vlunsw Chridiaon Thru Rlnn _ Hamilton Ruin Blmnaion i Calgary Wanda ' 3|. Jehfr. NM New Yavl Hillel. Bu- 1. p asc Sound Elms have illlmitable possi- bilities. Already drawing record- brcakin 'patronage in 20 of the larger theatres of Famous Players Canadian Corporation, they will eventually carry the best types of spoken drama and musical enter- tainment to even the smallest communities. Admissions and rccelptsat Famous Players’ Dominion-wide chain of theatres are showing a very marked increase this year, and are ex- pected to grow rapidly. An attractive opportunity to share ‘ . in thc future progress of thc_Com- pany is given by our offering of 1 Common Stock Voting Trust er- ‘ tilicates at $51 per share. Full articulars of this investment will ge supplied upon request. _ _ ` ~ M L77 V -“V 1; 1_ 9 _H1 .i1_;: illsilliillillls muy forestall gdld l "M _'_ _ - as to the seriousness of tllc prr.-cl: 0 s 1- , . _ 1. | \§“‘ ` Jail* ,s;-if 32-“ij rd 31 >s below the cor1‘csp\'>n1lil1g month ill 15128. Contracts alvzlrileil. zic'.'o1':l.u1g been declining for 1lll'l:c` ll1o11“.\.-;, with the aggregate li! 1:21' crm i1cl1l.\' 18-St wlnt_ci‘ and the lr.\'.'.~.;t slilrc 15151. Contemplatcd projzic-it for 1.1110 mule Period show ri drop oi' 18 por cunt. How serious the irccsrioll 111 builil- ing will prove to be is _vct to ilu <1 >- tcrmlned by :llc l'0uciicl1 1:15 ;=~_.1l- _:1- dllstry To tile tsilmullii of `u~‘11;~ weather, The trend ol in-,i\'f'J'11.1~1:.=1n1~~;_ 'Z";1 . look for spring liiisillcss L_; l;;r~u.'. ._ cial demand for mcllry \\`:ll_ Z>1‘ '.11 111.' 'l throughout thc .lprillg i:~:1...n '..». 11111' :- ment. Since thcrc is aff roi 110-,l:_l1'r in thc stock market slt;1.1li:1l1 in .<115;- gest an imporinllt liqlliilillinxl ill brokers' loans. the p1=f..<'11'. 1l1;1i.._1': is for no lessening of tix" z\_i";i‘1~;-_,l-1:1 demand for credit. Uillcrs rr;-5.' in1~ portant llct Cold i1i11‘c:l..; .fitoulil speedily occur. iixc illlmcrlilltl- 011'.- iook is for colitinucd firm mollf>_'. - Whether we may cxpwt any :nnt- erinl alteration in the nlczlfy situ- ation after tile ond of illr s;l1~ill;: business movement is a qucsiiall that cannot now be nziswcl-crl. Tl1;~r1\ are |S0me facts in eviclcllcc, llr_l\‘.'cvc1', tlzrlt ___ throw light upon the p0ssi’liliilc;: `, _ During the lost two nlolitlls 1111, Federal res°rve :lull lille lm 'wil further evidence that no lclnmiioll of the firm money pol‘cv 1-; 50l\1'~.ll- ' ' ° ` '_' _'___ ` _ alic i1.:l;\11c1\, of payments is moving R°Y“1 S°°““E.t_‘.i§. C°‘l’°'“”°“ :.‘::;;‘ :;i..f;1°;;‘l2,;1‘;:__;;:i; 1f of dit Riley Building: Charlottetown réocnuy p__b__51_____ dn_____________ :Silt "f:~_\'o1':1blc" iciidiincies ln Ameri- Telephone B2) disclose a la e do ___ ' ___ __`_______ ____ 1~:=._-1 fcl-cigli tl-arlc continue and a rg f _ _ r _ ,~zu'1;.~::l11t1;1l rcnovcry in the volume of opinion among re..c.v. nlllilcl-ian: l yllll In UM. f ,to thc Dodge csiiliiatcs, h;l1'c l1;.w V' sound Films Outloo _' oiffl/ioney (Nsiiioiial [$:llik r.~i» in New York.) 2 3"' ti* -1 °bIy_ from ye" to 5'°‘“" ‘V `"_"l""` ' _.1111 l..1. _.L~.1i.y of an easing in- ‘ ` :is-1:;;> 1.: 1110 iuture movement of 1 therefore __ is €\__________ ______ ___ _ __ , 1 cz! 111 thi: source, but the gold . , __:\. .1._1 , _Y __ an average illcrcnsc in line <1 _mznf _ _ ,_ _ A ` . ... 111.111" vcr" lnl lurtalit. ahead. 1 . _ .~s:sl:.in11ci- of the commercial and l\1‘i\'at..\ imnks forcign central bank- speculotlve credit sltmiinn 1111 'lr tl :!"`“"; nm occur' it' may be that the _ the res_m__s_bm_v of _hc R_________V_V__ _1.~:1.lll1llatilil;' balnnco of payments . F' - ‘ lug ilv United stairs will practically System. Thcrc ought no lollzcr to il: V _ e A0 any doubt mat Fe________l RcS______(_ ____ 1.0.-1'.: other coulitrics to permit gold nuance Wm be thrown __"______b “___ rx;lcri.»; to us. uiilcss they raise their . _ I I . . ` Investment Securities imgortant _emmm ___ (___ -__..._._~_.._.__.....i..1;1.;...gy1.. ...ll 1....; .. situation so long as spcclllnilw act- 'l' "noun 0 un S n°W dems! d P. O. Box ° Phone L ` _nr i1l'.'n.~iccl in our market. Because '“°'”'_““i_'_"*“ ni lilo insatiable appetite of the l Charlottetown h : - Year - _ __/illlmlrrlll stock market for credit sufferer Rellcgrcd icuii lilo hilrh rates which it will pay, _ - __ ” "' "' ' 5 is a rvrioiis iicstlon whether the __._._mL.lichjmz Cf; level of rates abroad . Port Loma N_ sw Ap,-il 3___N,1_ ‘:,1|ffilnntrleS-`ADl>rch¢n- 1 the way to health. “I fell mul hurt .~1lon_ as to such a contilllehcv mei' of Canada my shoulder badly in 192-,l_ N_-m~l`ll_q cnllsc illnsc countries to allow a cer- . set in, and the pain was i11io1l. 1-ccolil for the month and it is sat- 1:l`yil13 to. note that the rate of ._-.lllult did not prevent some further `i.l1;:-1'o':c1nc1iis in the mill position, 'lilo rapid r.=:il>;uisioli ln capacity of 11:0 1~.~.;'o11 illdilstry together with a 1_1-~l:wil1l; rcluine of imports in the i..iil\1‘ part of February brought .»‘:o;1t ri decline in rayon prices, 110 f11'sr change in nearly two years. '1§10i‘c can be no doubt that this .<:__l!llll:y nf prices has been an im- g'~fl‘f11i1t iiiflucllcc in the expansion of 2') lfcl- cont in Rayon consumption ‘rico thc last general price revision. lwldilciinll for the present. year is <=.11'.:‘1li;ly cstllnnted at more than l:"i illlliioli pounds compared .with fl: 111111011 'mst year. There has been ,~:1:o fllnnflc for the better in the ;1',i,1nn of silk manufactui'ei's, in rcdlri-,iicn last month was in f_-,r-.'~1- 1-rllltiml to the movement of will. ?1'i1-cs are fairly stable al- rn.; GOLD si'rUa'rl0N '1 he onc 50111-cc that off1=rs an im- .1&;!. (:nr.1l»I9cc confidence cannot be "- highly inicrcsting and J 1 _ ’_lilf 1.~.*l~iri1 exchange movements T31' ;o1l~_c time h:1\'c been increasingly i.i\'ci~.\blc to gold exports to the L711it:=ll Slams. There is reason io be- li1~=:.~ that slinculits of gold of consid- er-;~l.~11l 111nf;111::1dc, that in the normal 101::-.__‘ of events would have come to us. l‘.1v_\ l;r‘c11 held back by special 1i1:"tf:\i1'cs adopted in countries whose l:x.‘3lf.11;1'c:. were at or near the gold. r:.,:u1~t point. Moreover, in some ln- .iunccs whore cxcliangcs were at or Lol-iw iilc gold export point the gold Ilan uct lxiovrd to us because bank- cr: for reasons of policy have re- 11-1~.ilu~d from engaging in gold tran- \ Tolls. 'llis-ri, is no doubt that with the 1~.1»:i~.w,11l1~llls for a period even when .11.ll~ i‘1'\ co\1nt1.cs concerned If re- f'.>1'1“Il:11 Iniins placed in this market Dept. of Education- (continued) Supplements Pensions 1 do . Scholarships do School Supply: Manager Fergus Robertson do Christine Miller Maintenance, etc. Appendix No. 2 Legislative Assembly: _ Sessional Indemnity. Speaker Sergeant-at-Arms. John Nicholson do < Miss Jean C. Gill 'Teachers' Salaries Appendix No. 1 do . .. Printing and Stationery Spndry Items Miscellaneous Sundry Payment .. Inspectors’ 'I'raveliing Expenses ' Libraries Grants Teachers' Federation Grant Teachers' Summer Course Less payment from Technical Grant Medical Supt. J. W. Macintosh M. D. Overdraft Bank of Montreal Debentures Sundry issues Loans Deposit Receipts ............ do 20 members @ $400 each .. i Clerk. Benjamin Rogers Asst. Clerk. Oliver Peters .... .. Law Clerk. George Tweedy Stenographer. Miss S. M. Nash do 4 Miss Alice Cox do Miss Norma Younker Messenger. Whitfield Yeo do Robert MacKinnon .. Doorkeeper John McLean do Duncan Gillis do Colin MacEachern Reporting Debates. Patriot Pub. Co. ' do Guardian Pub. Co. do Frank Walker do Miss Lillian Dobson ’ ' ' ‘ Classification of Expenditure 1 232,119.72 13,359.65 3,l41,.00 420.00 . . . . . . 240,040.01 _ 2,004.54 zsaaz' 631.90 140.05 100,00 1/100.00 2,531.67 466.66 325,00 791.68 203.94712 14.86605 270030.17 Falconwood Hospital and Infirmary 2200.00 103,726.37 ,_,,,, 105,925.37 Interest 8,377.67 45,430.00 20,922.42 74.730 09 V Legislature 600,00 11,600.00 12,200.00 000 00 _ 300.00 900.00 250.00 200.00 125.00 150.00 125.00 50.00 -150.00 - ` 14,000.00 ;'.4."l.4U0.70 110.00 110.00 110.00 110.00 110.00 200.00 200.00 'Ii-100 101,00 608,00 220 0') . . . ~ 330.00 Disbuiisements. Sundry persons . . . . . 1,002 59 do Printing Journals. Laws, etc. . 1.67125 17.0312' Legislative Library Librarian. A. D,,,1"raser 1000.00 Asst. Librarian. Jean C. Gill. .. . 675.011 Books, etc. . . . . . ..l 231,20 i9;_;`.;s _ Legislative Grants 600 03 2.067 28 1,600.00 650.00 250.00 500.00 1,500,011 2,500.00 Grant, 1928. Queen Square Gardens do School for Deaf, Halifax do _ School for Blind, Halifax do Fire Dept., Charlottetown do Fire Dept.. Summerside .. do Fire Marshal . . . . . . . . . . . . ..... do Aldto Destitute Children do Orphanages .. do do do do do do Chest Diagnostician . . . . ,. P1-lmlng, etc. Li. r-‘_ Duffy. Binding do Patriot Pub. Co., Repts. 1000 Copies .. _ do Patriot Pub. Co., ' Act. . . . . . . . . . . . do tion by Lleut-Governor Hospitals . . . . Red Cross . .. 3,500.00 _ Free Dispensary . .. . Tourist Association ... . A. Newbery. I. S. O. . . . Royal Gazettes . . . . Printing Ext. Auditol"s Printing Fish and Game Guardian Co., ad. re dona- of Silver Cup 6.000 ,O0 200.00 2,000.00 1,100.00 1,200.00 23 £67.23 .\ , Miscellaneous Expenditure 37,50 105.00 41.00 ` 10.08 194.18 588.014 011 Snakes Beat Cats In Killing Mice ` Sg Expert Many or the licnullr l>¢ll¢f= °°“' eeming reptiles and amphlblllll-1 were held up to ridicule by Clyde L- eitch ci. the National Museum. ottawa, in speaking \?°l°l° '11' Province of Quebec Society 1°! thi’ could not live in fire as mlny D€0D1€ eircuznt; they did dwell ln mill” wood. but when the )l'°°d ¢i“l¢ mm eontaqt with fire' they grew uncom iortahle and crawled' out of dallitl' Mr. Patch defended the "Ill *~°° unappreciated s_nake."_ The enormous beneficial worirmeires _did in mer minating rodents and insects was of considerable value to food Dl'°dlI°¢ Illustrated slides showed _the varioira largely offset on this side. _ ____ WPG: of snakes found in Canada. incliidinl the' "milk snake.‘_`which was nlpp0sed__to milk _cows and Protection of Birdsf "salamanders hence recieved its nanic. The milk- ing of cows by snnkcs, was, of course a fallacy, ihc speaker shou-cd although he did admit the milk sniikc inhabited bams and stables to feed upon the rodents which illfcstcii them_. . Snakes were more effectual than cats in ridding barns of n1i`c<- hc. cause the cat had to wait until the mice came out of cover, while the snake crawled in :md C1lllllll‘€‘<‘l l-lllflll in their homes. 1 -.__..__.___.____._-..__.__..;_ EFFICIENT OPTICAL SERVICE EYES V EXAMINED. GLASSES SUPPLIED AND_FIT'l`EI|. , CABEFUL ATTENTION GIVEN T0 REPAIR WORK. _ J. w. _J_0uNsT0N ' Registered Optometrist ilvlreai street Phone 152-L Charlottetown ° ' _W “' ' --5-A_1p.ar' _ ""‘ --\- ‘~-"""~ _ ___ ' _ r**“ -ff Business Prospect” Just Right for This Weather PUBLIC ACCOUNTS, 1928. _ National Bang of gummnce New ` Yam ' _ _ __ V _ __ ' " " ' manufacturers to expandttheirvsales ' _’ 11', are being watched with increasing ii "_‘,",‘. __ .f.:r`=' attention as the first test of lf" '{f"‘ ' 0 Spreads Ove1fiTéétli”‘ 1 and makes them unattractive ~ DENT.AL science knows what robs tcclh of brilliant wliitc- . i1c~ sy lt is film. \ 1: cfillgs io tccill and gets into _ rm 1_ :lull stays. lt absorbs - ;-:fills 1':"»n1 food and smoking to iurll \-,l1_:r~ icciil “off color" and ; (lo-.nfl iI1.ir brilliance. Film 1 l:.l`lli-l.:~ 1:1111 i‘:rif1r. GCi’fllS by 1 1 1 ‘ Remove it daily io keep teeth white and soundq ' cial film-reymoving deniifrice called - Pepsodent. _ I In a few days teeth grow, whiter and begin to sparkle. Start today. GctPcpsodcnt:1t:_\ny drug counter, or write for free 10-day, supply to|Thc Pepsodcnt Co., 191 George St., Toronto 2.-Ont-, . Canada. I 1 1:11.11-.zu l1l'i>1.'. lil it and . ` MADE IN CAN ` l l i' ’ ', "1 the ADA ‘ tl~i- l-1-..»t1'ii;1_1 11:( spc Tlu 1 Pcpsodcntj Special film lfemoclmv [`-.»lhfri'c¢ 'i 1 _ 1 Cl1;Izi:'1`;1 ' ‘.l,i lm; be nlrald oi '1`.”.ki1.<. 11' ' 1*;-.l‘1':l,. <§'.1l not scyt' .7...",l1:1_1_'_ ,':.i1‘..> out <11' 111? ‘1\':iy:lf ilmt ‘ 'ilal;r= oz' lic \' ill iliii- _vrlxl " I\.fli'_ 2J:i'.Cll ` 11:12 ll owl fmln c:»;;;cl~1cr1\'o :lint l;.li!1'r11 :`.- 1111*, lil :ilu lciisz iziilul ‘::‘.11vi`;;;:' \|_."»if.“.=: llrlless soil:-3 growlll _l limi l~;'_"'\‘d_-“.111 iliflrl agaiiiot ' 1 Lil" _ml 'C71' ~ 11"' kllowll hcre 1-2...-... l lL\`71f\1:l_. 'l`i1“ 11141111111: stzigcd a ,lugs 1 l~:l_3\' mul lille proceeds were $45.72. A letter was read ‘from the Prince County hospihal, wanting funds. The Institute decided to speak to the North Enrnore Institute and form a joint entertainment. PEFITS; ROAD WEST Nlfw mcmbera and four visitors met_at the home of Mrs. Chester Ma.cSwaln for the Fcbrua.ry_ meeting. Sowing nlnicrial was bought :ind`fou1' new shades for the school. ”['hr~.¢ c1'it~,;i coat hooks and a_ \~_¢~~~ -,'~_- ' ~- ;‘ were pl:1i,l_.;1"_ ‘;o_u.'~__a;~ -m_i.'::z:_.““"2¢_“‘.;* 3`1~§"¢‘. gin _ error' -1. i“§ (.11 fr-?~ tm e id Radios » ll.\L1= P11101; ' 1 rw-rf#-r>f .» wan , SET, -... ...---1. - e.-_-__ ir-_ 'r-'_.f;€iil° l , 1;; 9' ..,,.,L*_;;; ‘er =, i.","l' _ . 1 l :ll ,/\/\-1 W ' ;_-,u».»»»~l*""~‘ 1 .1.»r._ ""~"1' .»~.,_a- ?.c;;;e1's Hardtvare Co, Ltd . lghouse” /\ltl~_`. BEING SOLD F30. 57 FIVE ‘TUBE BATTERY , sraaicbn. TUBES. BATTERIES i .. . . . . . _ , _ . _ _ . . . ..`. . . . . . . _ . . . ._ sims l QTSQH Dcsirillg to Procure a D10 SET at 11 Greatly I. I 11 ,1 » r r l l_\ C().\1I’I.ETE VYITII LOUD N0. 60 I"l\'E TUBE DESK TYPII BATTERY SET, (.`OMI'LE'I`E \\'ITII I.0l`D SI‘EAKER, TUBES, AND BATTERIES ..............,. $106-'30 1 _ SIX TUBE BATTERYLES SET. CABINET TYPE. COMPLETE VVITII TUBES ..................... $120.00 'Zio W ' f D __ mywf _i_.s1AL|:_i..,n:'rA|i.' ' _ ~ -_ 7999960999 #9009 140 Richmond St., oovoeeoooooeoooov ooo _ Lowest Rate. Good Strong Stock Compania 'Agent at Summerside, .Lloyd Lewis. 00509-O9-0-$6-#Q4-0-0490-O-O-O~§O'0_r9'§"O'0O4'§l O-0000Ob¢O¢¢¢'OO§¢OO9§§40-Y§#44 §400_Of**4ON E. R. “ L 1 Charlottetown _ l1l1~c. Life, Accident, Sickness and _ Plate Glass Insurance at _ `i » 1 e _,_ ... ' . . . , . . . . _ _ ._ ,.,.,.......-we I i 1 . ‘ 1 1°r.\_z ruin-aa. 1 1 . ~ . / I ~ » , l t. " ' ' ' `.:§§`l‘;.. 11 -`-,,~ .za-. _-. ~1i ____ ii i L ll _£1 £1 l 1 __ 3 , -1.4 .._.__. “__-I