\ . _.,- UST 2§,_1932__ nic _ _ 'rua cnARLoTTETowN_GUARn1AN _ , _ _ _. PAGE Fm] ,f . _ r ~ _ _ _ - 1 f W . _.___- rf, M V l M il -__ ..- _ __._,_ i Y . v sT:1z1>AY’ sToc1< A D Bo Q o71aT1oNs Wa _ 4 C Cl ` I I S k H, h L Cl E y heavy buying demand f r t A ' _ _ . lo r a a _ 0 w new ITG” mme . U 10o8% 9i}tW 1 3; _ t°_ trade I today, \aiues at the close I- (Cl-nadlus Prsgll _ifernier Bennett ’s Stand On Soviet .Trade Menace Regarded As Signal Victory At Empire Conference g1'rAWA, Aug. 22- (Canadian msg staff Writer)-Removal of me Soviet Russia “menace” in the rkets of the Unit/.id Kingdomis hailed in official circles as a signal victory for Canada. Wheat .and lumber are the two chief exports from this country which will be af- fected advantageously by the un- |1111 ial Conference, Canada t/ook the ground that imports from Soviet Union into the United Kingdom must; be controlled. This control Canada told the United Kingdom delegates, was essential to protect Canadian products and maintain the proper standards of living in Canada, No country is specified in dertaking of the United Kingdoml the clause in the agreement. The to exercise her anti-dumping and other provisions to maintain pre- terences in/ favor of Canada against "durnpihk" throush Billie gciion. ‘ “Canada is assured of a world market in wheat by the clause in me agreement covering soviet Rus- sia, and the six' cents per bushel preference," Hon. Robert Weir, lilinister of Agriculture, stated to- night. "Russian marketing methods and slaughtered prices have been the influence more than anything else- thnt has kept Canadian lumber ou: of the United Kingdom for the past ten years." Geo. B. Nichol- son, chairman of the economic section, Canadian lumber industry. "without question, "he said, Cana- da will regain at least a substan- tial portion of the market hitherto enjoyed by us.” Enormous decreases in shipments oi Canadian wheat and lumber have been caused by the under sellingmethods in the United King- darn under state' monopoly and low standards of living. In lumber alone a Government official estimated tonight. the reduction in Canadian rxports of sawn lumber to the M0- tlicr Country amounted to- 40 per cent so for this year- Rumia, the oillcial stated, had corresponding- ly increased her lumber exports to inc United Kingdom. _cru1ada, on Fobrurary 26 last, placed an embargo against impor- tation from the Soviet Union, of coal, wood-pulp, pulp wood, 1um~ bu- and timber of all kinds, asbes- tos and furs. "The Government is convinced," it was stated in the order-1n~Council placing the em- bargo, “that there is forced labor in the cutting and transport of timber, and the mining of coal, that political prisoners are exploit- cd, that the standard of living is below any level conceived of in canada, and that, broadly speak- ing, all employment is in control of the Communist Govemment which fisulates all conditions of work and s.elrs to impose its will upon the world. This is Communism, its creed and its fruits, which we as a country oppose' and must refuse to support by interchange of trade." CANADNS GROUND I-*rom the outset'of the Imper- provision is in terms which leave no room for any ambiguity what- socver-__ ` "This ,agreement," it states, “is made on the express condition that ii either government is satisfied that any preferences hereby grant- ed in respect of any particular class of commodities are likely to be frustrated in whole or in part by reason of the creation of mainten- ance directly or indirectly of prices for such class of commodities' through state action on the part of any foreign country, that gov- ernment hereby declares that it will exercise the powers which it now has or will hereafter take to prohibit the entry from such'for- eign country directly or indirectly of such commodities into its coun- try for such time as may be neces- sary to make effective `a.nd to maintain the preferences hereby granted by it.” _ _____._Z.-__ - 1 Miscellaneous (Canadian Prana) ‘ 1i0.\'TllEAIr_ Auf 22-Burley, Call- udian western, No, 3, ,4-i; Outs, Can- aulinn Wr.-atcrn No, 3 ,'.!B; Outs foerl, No. 1 ,37; Flour_ spring whenl; put- cuts, firsis -1.80: Flour. sccrinds 4.20; Flour, bakers 4,10; Flour, win- tor wheat patents, choice 2,75; Flour, whltc corn 4.00; Bron, ton 10,25; Shorts, ton 21,25; liii|Idlinga_ ton 211.25; Rolled outa, hug 00 lbs 2,00; Ilny No, 2, per ton, cur lots 11,00; Cheese, Quchcc 10%; Butter, .091-.20; Eggs, fresh spcclnls in curious ,321 Eggs, frcah extras in cnrtous .Il0; Eggs, fresh firsts in cartons ,2»1; Potatoes, new Qu:-bec’s 80 lbs ,(55, COTTON ` NEW YORK, Aug 22-Cotton fut- urcs, closed stcudy; closing bids: .Tnn 70-1; Feb 801; Mar 808-10: _Apr-_ 810; .\Iny S24-25; Jun 820: July 83.1-Jil; Aug 750; Sep 782; Oct: 709; Nov 717; Dec 786-87. Spot closed quiet; mirlrlling 775. Liverpool: Cotton, spot limited demand, Prices 15 points higher, A111:-ricnn mld1lling_ fuir 0.85: Strict or iuidlllln 040 ood nilridling If nl K - I R' 0,15; strict inirldling 5,05; 1uidrlllu;z_ 5.125: strict 1o\v niiddliug 5,80; low mirlrlling 5,70; strict ordinary 5,30; good orrllnnry 5,20, SUGAR NEW 1'0RL\', Aug 22-Raw sugar was quiet nnd unchanged today at 3.17 for spots with no snles reported, With tho exception of September which wus slightly easier, futures hcltl compnrntivcly steady, nlihnugh prices moved within narrow limits with the market closing 2 net lower for September nnd 1.lower to 1 higher for inter deliveries, Sales nppfnxlmnted 12,250 tons, including 5,000 exchanges. Sep cloa- cd 1.07. Dcc 1,12 .Tnu 1,11, Mch 1,00, .wir 1.12. July 1,17, Refined auger was unchanged at 4,25 for fine granulated, with second hands nvuiiable nt around 4,15, P B C Packing Brazilian ... B C Power A .. B C Power B .. Can Car Com .. Can Cement ._ Can ind Alcoh 1 B _ ' 10% 10 25% 2.1% Can Steam Pfd ... Can Pacific ,... Ccckshut Plow . Conn Smelting ._ Dryden Paper .. Dom Bridge Do Steel Coal B Fraser Coys .. Gen Steel Wares Gurdl .. .. Holi Gold Mines Int Nickel .. .. Luke of the Wood Massey Harris .. McColl-Front Mont Power ... Mont Pow 3% deb _ Nat Breweries .. Nut Steel' Car ._ Ogilvlc Milling . Power Carp .'.. Quebec Power ._ .. Shnwinigun .. -. .. Sher \Villii1ml .. Steel of Cnnadn Win Electric .. BANKS 103 100 19% 111% 7 or-/, 7254 70’/1 1-‘ii-£1 is-.3 253 2% .`.`.` 91/, o-A H ~ ... 10 0|' one .1/’ 4010 411% ._ 11 1-rr, 10 111;. 111 151,; 1011 in 341 3% Commerce .. ... Montreal Nova Scotia ... Royal ._ _... ... _*.100 Acme .. .. .. 2500 Alcx .. ,. .. 1005 Amulet .. .. S500 Arno .. .1 ~. 1100 B Holliug ... 4200 131115000 . .~ |1000 Bunk Hill ... 200013 C Pion 1200 Castia Tr 5000 (‘lcrir,v .. ... 1300 F'liridge , ',, 1050 Grniiadu . .. 20001luvk'.~r .. ...- 1l00 Kirk Lake .~, 1200 Knot Flor ._ 105 Lnkn Shorc 12000 liiucussn . 1..- 4000 liluu l'\slu .. 00 lilclntyrc . . 1500!ilcr1au|l . .. woo ruin corp 0000 Moff Hull ... 11000!i1osa ._ .. ..» , 100 Nlpissing ._ _ 500 Petrol Oil 1100 Premier . .. 500 Quemont . .. 1074 S Antonio -.. 7290 Shorrlit .. .. 11275 Sisr-oe ... 7500 Strlrlncnnn . . 1000 Suri B:|1in ._ 000.1 S,vlv:1nIic . .. 2080 'l‘ Hughes ... 0000 Vue Gus . ...' -i00\'ipo1ul .. .. 835 \\'rigl1t. Har . Silver ,'J7~',‘j, 700 ll Missouri 200 l‘-(`r1pper 5550 Ell|nr.'|dn 300 liurl liny -|707 Nickel '.200 Roynliie 70710 Youturns 2000 Vickers - CURB 10000 Bolijo .. li00Cc11t Put .. 2500 l\cn|'n . 1-1000 Kirk Hunt _ 1000 ll iiuigo . For Colds use l\ll|\ard's Linimont. road map." .l-i'/1 .fills is _inf/_, _mi .oct _02‘.~l» ~ 4,05 ,10 .0l‘/5 1.11 1_1o .fillé _:ui .011/4 . 211,00 ,25 .01 111.75 ,10 1,07 _[lil _:ui-' 12,3 1.28 ,10 ,10 ,112 .on ,.12 _:io ,112 .nz _-Till/1 :i,so 11.11,; ,211 2.04 500As.~o Oil .05 1 _, '..- . _ 14 :: I :1 ‘.'.1u 0,05 500 Kirk llurl .. ,110 0000 .\l\‘l.co 1000 53 IIB 02 385 'I-'ia P ge, - tations both sides of the uliovo iev- N Y k ‘ b cis being given. They rcprescuicri ni !Iigh’Low Close 514. 4% -ll/£1 1% -'-‘.4 25% :sm 10-1; isa; :il/1 121.4. 8% __ future wus expressed, The potato marker rr-mnined at 35c pcr $0.111, bags for new lilontrcal ` lll\| l'| |0719 \' .\\' Il. 1' Kli' -' - '|'\I‘l(. It -~ I I ful lo -1 1- |-'Jil N0. 2 dilrllrn tml! N0- H°“ """`li‘l“ “P29 251". n“F¥-S “'*‘l’"` . . til] it 1-@n¢},(1(] 191./_,_ n new mn, 1-,.,}. fi -lurum 4l‘,§: No. 4 durum 3013. ff|il'i$‘ ii“fi"P :lf 5-> fflr -“¢‘i'.‘<‘iii. Nl"- Mlnln k the rar-or-<-1-1-, in ure into mme 'rm 0"'-<1 -\'f‘- 9 ff. W- W1 N“-1ii`.“'- °"‘~ "“‘"“""‘ "““ ““""‘~ f"'i “"" g S price shzuic-ll sllgiuh. in me msg 'pw 2.'-: 1-ix, 1 fr-ml 25; .\'n, 1 fccri 24; No, watered. F771- or six lonrla :ii $5.15 ml--utr-s, the sro.-ir closing nr 101;, for ‘-’ fc"-I 21: Roi-ctr-fi ra; Trunk gs, and nmrrnd uri- torus at x.».,:'.., nca-. a not mlm of 2%. - “:,rI,,_‘._ 6 ,_,,“. vs_ 3 (~_ “Q _-Hai: 2 ics rin mlxctl lots brought :rrounrl St. .Tnmca strcot brokers iuicrprcicli r°“' "X 3 F- W' :Hull N°- 3 C- “'- “'70 wnh HRM unnnhxhllrl. hm” M (Canndiun Prevue) the airnnirlit in C P, R ns ri vc- jimi; x"- 4 P~ W- “mic N“- 5 F- ‘v' $50 Hows “Tr” firm- nf $'l"'" in $4' '.i.'0RO.\`TO_ Aug, 2‘.’--(Milling soles ficrtlon nf the lu1o\'uur\"in lfuitcrl '-3-“'12 -\'f‘~‘1f'.\\'.9-"‘ii'l`i‘ili'l< 3i’fl. “lm " mi' M sm" "lm" ""1" "n "l0S0)- Sintra ruila on \\'nll Street no-"DE" w"E-yr _ nnd” ’“`l°".'§ hr'“'“h' $1 P" 11"” Silica Stock High Low Close Intornntlnnnl Nickle 'nnd 'Shr|win|g- NEW YORK. -All!! 22-Fnlililvl whcnt i’"’ml‘"“ “"'h ".""' “f $2- "nd 33 " ' 1515 nn Power were nlsn strong apo:-1 closed stcollicr, Closing Oct 50'-6; Doc D" ""5 "1" h°“"‘°5 “nfl “xii” l“`<'1"l"S ' . , '- -3 ‘ respec ve y. nt Il-i nnrl 342,; all 71.-|y_ closing ar 3|_ <`Hlf`AGO_ Ant: -_-Grain tr.1ific shot up 0% points in the lost hour, going well into new high ground for the move, Net uri- \':1nr:'!s of 4 to 0 points a|1p1~ur:-1] in such issuer-1 us Aiuerl-'nu l':iu, Ameri- can 'l`ci--pimno, Santo, 1~`»-_ .\ui1uru_ Ileiewurc and Hudson, illinois Ven- !rnl_ and U, S, Stei Preferred, l.`, S, Steel common camu within 1,5 of gei- iing up 4 points, Yoiiligstovvn sheet nnd iuho_ guim-rl as much, and Ro public and Rcthichciii Ste:-l insures were strong, A numhcr nf pref:-rrorl stocks made wide gains, A-lvniiros ni 1 to 2 points nppffurcri virrunlly throughout thc list. Ciiliniiczils ur-rr: briught on the thcnry thnt. they should he aided hy the pickmlup in textiles. which are onr: of the larg- est: consuiners of hcnvy |>hc»n1tcals. i.. >. 1|! F, dcnri of $1 ,75, .\'umh<-r of .1-ivnnces Numh°r of declines Slocks unchanged \\'haL :lic stork nulrkct dlrl: .\if-I1 , _'ms , _'nl . 00 Tntni issues traded 711 luiportnnt earnings stntcmciits wr-rc f|=w_ nltliuugh llrug_ iuc,, carrie out with its first half atntcn1c11f_ ing 32,10 u r=h:1rc_ or 10 1~vnt,- than tho tlivi-if-nd rc-riuircuiollt, orvlnrcrl ilu- rogulzir prch-rrc-l :