IIIITIIS. IIAIIRIAGES. IIEATIIS 50:: Per Insertion Births SHERRY - At the Prince County Hospital Feb. 11th, to Mr. and Mrs. Lloyd Sherry inee Patricia Jolinsgonr Fernwood a son. EHMAN - At the Prince County Hospital. Saturday, Feb. 11th to Mr. and Mrs. Vemon L. Ehman (nee Mary Pope) Montreal, a daughter 6 lbs. 15 ozs. Deaths MATHESON. MRS. GEORGE A.- At Cardigan on February 2. 1956, Mrs. George A. Mathcson. in her 85th. year. CRANE - At Millview Feb. 12. 1956, Thomas Crane in 86th year. Remains are resting at the Cut- ciiffe Funeral Home where a short service will be held Tues- day afternoon at one o'clock fol- lowed by service in Christ Church. Cherry Valley at two o'- clock. Interment in the church Page 14, The Guardian Monday. Feb- 13. 193! Classified Ads -Malc llelp Vlantoil To tat Apartments For Rent lbw car Stnrags . E1321-i'i'iaoTAi'Ait'rMi-:N1'I ii-:i.s;c-pG-milliliezf-lgfiegfl 5; Plfn'l;l::5 - d d - v. - - l.'i?.i'y”'ii.?...Zi.'Lii”'i3i..i?.2aimsi'" 1-59,".-'. ,”:'5:KaY- W W5- s'r. PETERS ROAD. 54. FOURl For Rent rooms and bath. Private cut-. , V rance. heated. unfurnished. 365. ONE Ft'RN1ts'1IED ROOM. SEC- Dial 8365. l illltl ilimr. Dial 6268. BRIGHTON ROAD -- HEATED D0l'llLE ROOM NOW AVAIL apartment, small. 3 rooms. bathl nine for eoiivulescent or bed private entrance, stove and rci-l piliiriii Lennox Nursing Home. rigerator. S60. Pone 4929. V ln..I BRIGHTON AREA, L A R G E (ii-iN'llIt.tl.I.Y LOCATED. BED- heated apartment. Iicccntly de-! rmnil, well heated: suitable one ,;omged- Ga,-bago 59;-vice supp-l or inn persons. meals optional. lied. S75. monthly Dial 8476. l Dlill 5310- Ananmems wanted ,siior ix P.-iiri(i)ALE. 15"BY.4-0 i feel Siiil;Il)lc lur repair shop, ,. VD... Elti'.ll'lC wiring. WANTED BY WORKING COUPLE heated apartment. fun or three -?-- til-iii bedrooms. Central. Write Box Fnf San 996 Guardian" IERDFV P 1-; I iiousi-:-F-65 ---V-I--li7 ,, , , mail .. - . . . . UNHEATEIL HWLRMSHEDI sale. Apply Arnett Bell, Borden. CCITICIEFY. WHITLOCK-In Windsor. Ontario -.on Friday 10th. 1956. Mrs. H. H. Whltlock, formerly Rita MacDon-' aid of Charlottetown. Iier re mains will arrive in the City to- night by train and will be con- veyed to the llcnnessey Funeral Home thence to the residence of her sister Mrs, George J. Mac- Cormack, 179 DurchesterSt1'eet, from where the funeral will held on Wednesday morning to St. Dunstan's Basilica for Req- uiem High Mass at 9 olclock, In- terment in the Catholic Cemetery. in Memorlan In loving memory of my dear brother who died February 11th. 1953. "In memory of one with whom Our paths have had to part. Who yet is never far from us But always close in heart.” Always remembered by brother Elmer and Family. cards of Thags? We wish to sincerely thank all the women of the Westmoreland Womenls Institute "for their gener- ous gift of fruit at Christmas. and for all remembrances throughout the year. Mr. and Mrs. Sidney Matters Westmoreland. Professional Cards Chartered Accountants T. Earle Hickey Canadian Bank of Commerce Building Summerside, P. E. 1. Phone 2115 INKJRANCE R. E. Ellis 8: Son Limited Fire - Auto - Casualty I Summer St. Optometrist E. E. Parkman Opt, D.. ILO. PHONE 3287 REGENT THEATRE BLDG. Summer St. Summerside B. F. Hunter, R.O. Summerside. P E. 1 Phone 3110 SMALLMANS BUILDING A. Raymond Grant. B.Sc.. 0.1!. B6 Water Street Summerside Above Maurice Mill's Men's Wear l?H0'flE,3.530 . THE READ STUDIO Photographers D. W. SEARS a E Duke Newest U.K. Film Star LONDON (AP) - Britain's new- est film star is the Duke of Edin- burgh. He has taken up acting to help his favorite charity. the Na- tional Playing Fields Association. The Duke previously has ap- peared in one-minute movies mak- ing a straithforward appeal for funds. This time It's the real stuff-with Bob Hope as a co-star. The movie lasts five minutes, It opens with the Duke taking a swipe at a cricket ball in a game with Britain's top players. The scene is contrasted with pictures of kids endangering their lives by playing on London's back streets. Next you see the Duke at Wem- bley Stadium. talking over the need for playing fields with Brit- ish sportsmen. Bhb Hope turns up as a school kid in cricket gear. pleading for somewhere to play. The movie took two months to make. It will be shown at prac- tically every theatre in Britain. People who worked on it say the Duke is a wow. "He had to learn his lines and make-up just like any other actor" said one technician. "And he never fluffcd .a word. He could make Hollywood anytime he wants." INTRUDEI SHOT BOMBAY. India (Routers) - A WEIGHT IN GOLD WORTH TORONTO (CP) -- An 10-ounce Apartment, mu or three roomsl- and bath. Adults. Within City IIOLSTI-ZIN HUL Limits. Dial 3324, Earle Rudd, or phone 5782. --::-:-'-A sloe. L CAI.F.7 API-PLAY Win- FOR siifi-2:2 GRADE IIOLSTEIN be tain complete our ”Small Business" bookkeep- ing service. We set up and main- sei of books fo g g g your business, provide monthly gew 3115 bll;'1l:llngDl1Illl atiaclied. statements of profit and loss. rcn- 12119 U05 1119 3ll'.Y- Kg diver bills. income if1tXdS0ryr'1lf.e(,'belEg. ,0NE”I,-RES" C0w,CALs0 biog: our inquiries invi e . o - , ,1 . A., h VA g stion. Write BOX 217 Guardian. g,”y”l',fvm;9”,;i,a:f:')'l)'llll:;,f,. P DODGE ENGINE, I95-I. IDEAL for lobster boat. 11.000 miles, 3250 for quick sale .Vlci'vyii Robin- son, Stunliope. Currie. ltiierriale. Boarders liccommodateil l 654 II.P. STEAM BOILI-:RfAND Dishes. Dial 5223. private home. Central location. Well heated. Home cooking. Dial ausrnass MEN on WOMEN ml LAov's' WINE "iiiijooitnocirv Coat. size iii. Good as new. 530. 8935. Eai T53 -"iiouiiii-1 bedroom. 3 meals: suitable two gentlemen. 312. week each. Phone 3718. 7 WANTED TWO MALE BOARD- ers who would share room-liomc cooked meals near Belvcdere. Call 5498. Phone 4254 after 8 p.m. 148 Pownal SI. RANGE. FAWCETT. ' EA R GE suitable kitchen in country hall. Warming oven. Burns wood. coal. -Silt). Dial 9536. KDISPLAY COUNTER. "UNIVER- sal tfonlc-r", refrigerated. 6 ft. Suitable for meat. 3-150. retails "6 r HFATFrd Sllilil Storey I-Electric furnished room. twin beds. Ex- LARI DOUBLE TENEMENT cellent meals. Continuous hot wa house for sale. central located, ter. Dial 3564. Ideal for riioiiiini: house or apart- -?-mmtrrj nicnis. Box B. Care of Guar- lluslness opportunities ,,dI-m g A gggggg ,, R-f A DEPA'E.fMH.lTms;l.0Ii'f3 T111-IRE ARE STILL A FEW l'(ll'lZtlllt'S and l-Ilcclric llodcls from your own home. Yes: We will put you into your own bu- siness absolutely free! Now you let! on our l”cbi'uai',vi cle.'iraucc. Hui Iiurry 10 your Singer Sew- lped with heater and snow tires. ing Centre. 164 Great George Siieei. Phone 4551. N .w rovn LL'XCRY- APART- can sell to entire family, cloth- ing. shoes, shirts. slacks. sports- wear, work clothes, jewellery. etc: Amazing m0n6l' milking 111.111-l)ttplf'x. each contziiiiing Dl3ll- N0 EXP9lilClll'e HOPPSSKIFY. three large rooms and bath, fl-lll OP PEN llm0- FY98 Clilllllllg hzirdwood and tile floors for personal use as extra bonus. throughout. Hot water heating niih continuous domestic hot uuier. Dial itlifill for inspection. i'liF.t'l( Till-ISI-I VALUI-IS! l 51 off ALI. Winter IllCl'L'l1I1n- y lllsfl l)re u up to 317.95 for S3 lSlI,llS .1---l Spring styles in dresses. Stills and all wcat.her Write for powerful sample out- fit and full instruction absolute-, ly free. Dept. 526 Cooper-Juhn- '7 son Co.. P.0. Box 1100 "eauhar-I nois. Que. p Baby chicks iiAvEon"sTcnici(s.- son- -56 coals. - 166 Queen St. ry Farm and liatchcry. Char- Dlalmsgzs lottetown R.R. 5. Dial 7984. FOR SALE 30" x 40" Du-Lite ”(70met" T.D.C. 200 blower cooled projector for 2 x 2 slides. Total price 35-I5. BABY CHICKS. OUR RED X IS crossbreds proved over the years to suit the Maritime priducers for commercial eggs and meat are still tops for this purpose. We can also offer a strain cross of Babcnck and Carey Leghorns for those wishing a lighter breed for egg production only. .Write- for catalogue and price list. Cyrus and Manning Ells Ltd. Port W11 Screen wall liams, Nova Scotia. gg IV. TAYLOR Dial 3062 COLLEGE STUDENT EXPERI- enced with small children wants jobs baby sitting. Night only. References. Dial 5104. I I Female Help Wanted I-TLOORAGIRI. WANTED IMMED- iaielv for Suuris Hospital. Apply in llatrfrn. Suuris Hospital, Souris P IC.I. cars Leaving 'cHt”d6fNE"'ro unurnx rui-:s- , it fig-f..gDf;;.,.,71',R "w,,,;,,(,g. day. Room l0I' l0llF- Phllllc for general housework. Apply 4967. Mrs Arihiii' Mnclinrn. llillt-rest ': ''”M '' 'T' H i T Iiiulizc. Suinmcrsitlc. 3'3 and Trucks For sale 1Ql'Ai.liTYVvIT0SMETI('S isV0ii.l) oLDsM6i;Tl:1.j:1g:;74ff5()LvR (man for -many years in U S.A. now own sedam hydranmm. drive. available in Canada. Local rep-I radio power steering; Luxury acg resentatiies ncedcd. Act nowr g - H ,d M l and. inquire at l)oral(lina (os- ..ccgsunci Dim 0 OH mclirs (ompuny, 576 St. (lath- WHY WAIT” BUY NOW! 1953 Dodge Coronet -l-Door Sc- dan. Firedome V-8 engine with. gyro-mntic transmission Equip- criuc Ea-:1. llept. 7, Montreal. 8100 MONTHLY FOR WEARING lovely dresses given to you as honiis. Just show North Ameri- can Fashion Frocks to friends. You'll be pleased at the beautiful condition of this car for such a N” i'3"Vil55l'lll- 'llV95lm9"l "I" low price. 31495. experience necessary. North DOWD M0'l'ORSl.TDg American l"ashi0n Frocks, l.til., us;-:1) CAR 1,()'r, 2163 Pzirtlu-nais St.. Dcpt. U. 3638. Kent St. Montreal, P. 0. CAR BUYERS lleluwanteil Male&Fenalo p RELIABLE M OR WOMEN The Doctor says my oil wnuled to deliver 200 Foods. Medicines. Home and Farm nec- cssilies to established custom crs in Island Iioutes. Full or sparctimc. 52.50 hourly. Writc Mr. G Laurin, 25 St. Paul Si. E., Montreal. pressure is perfect- 1930 PLYMOUTH SEDAN I can be bought for less than one third my original price. CRASH KILLS THREE V1-IW WESTMINSTER. B. C., F' R' :CPv -. A teen-aged dlrliltlrcr an: gg - we passengers were ed on Iaipeque Rd' Dml 7358'9 another slightly injured early Sat- urday when a late-model car went out of control and slammed into I boulder. Police said the driver was Roy Lablnsky. 18, of New Westminster. Killed also were 21- year-old Don Skroda of New West- minster and Dolores Cioutier, 16. of Vancouver. TODAY'S SPECIALS 1950 Ctievle 5 passenger coupe in fine condition, Recondition- ed? Yes sir. throughout. Come and see me..ssw.on. 133 Ford Customline Scdnn: in new car class. New first line tiru lust installed. The body is cnellent. the motor is perfect, no low mileage, one owner. .sEAvTiHr-i-ittTo.n-iiss REPORT WASHINGTON (AP)-Men and machines carved out 839,001 cubic yards of earth and threw up 58,000 cubic yards of emhankme in last :3”: 7” '3'? 'I'"l”5 I"-' month”: work on the United states A 1 leclIolIi.M:f the St. Lawrence sol; way. was reported Friday STEWART MOTORS ll" Si l-""me 5""! Dmlmr merit Corp. the agency in charge of the American part of the big international waterway p r oi e c t GREAT GEORGE 81'. MEN URGENTLY NEEDED TO meet demands of Electronics. Television. Radio Operating. No experience necessary to take industry approved home study plan, including kit of parts or join Day and Night classes start- ing soon. Skilled men Eel 3400-3500 plus monthly, based on experience and service. Act now! Send for Free -10 page booklet. No obligation. state education. Radio College of Canada. 86 Bathurst S1,, Tor- onto, Out. 27 vears specializing in Electronics. Miscellaneous WILL THE PARTY WHO TOOK the hat by mistake from the Holy Redeemer CI1i11":Il. Sunday morning, please phone 7021. KEITH CARMICHAEUS PLUMB ing and heating on Bracklcy Point Road. Agent and service man for McCuiloch chain saws. Dial 6423. first floor. Central. Write Box '1'. Guardian. - Teachers Wanted TEACHER Tm Point School. Supplement will per year. Gregor Maccgnmn, Brackley Point. Secretary. flalitail mn pints or quarts. Dial 8595. w ers who would share room. Home ary and working conditions. Apply by letter:-- calves. Ernest Mat-Cube. Alex-I b i .....i.- , Personal SIOIICICCCPBIS. Ll-'ilii-lb'9'llllll- ”5' '1'w()"-Il.'.fl7 fowgi ONE Big()i)l)i”.:rfii ” ' "- T1 i." . . nu, - , . :isi.Aso GRILL - QUI-P-N "es5me"- lf"mel5' 1"” ”"i saw to lai'i'im April Isl. Donald Sweet serving mu wurse dm, in ChllIf.'SC' ncrs: specializing Schools Instructions EARN. MORE IN 24 HOURS. Learn Bookkeeping. Salesman- Sllip, Stcnography. Typing. Les- sons 50 cents. Canadian Corresp- ondence Courses. 1290 Bay Street, Toronto. Services Offered MCLEOD'S AUTO BODY. SPRAY painting a specialty. Two-tone jobs. 294 Allan St. Dial 9751. H 0' M E M A o E WHITEWAND whole wheat bread. Pastry shells for parties. Maple Leaf Bakery. Dial 8432. JENKINS TRANSFER AGENTS ALLIED VAN LINES Also: l"iit-ltiiig. t'i';iling. Shipping of Household Goods to any outside points. 101 LONGWORTH AVE. DIAL 6323 L lighted To lhiy P. 0. BOX 452 Charlottetown s-61:13 bi.i)'Wiii(T6.7iNi7 ITIN-IN-G room tablefsmail size. Must be in good condition. Dial -1944. t . Wanted To llent WANTED - ROOM WITH BOARD Near centre of city. Quiet. Rea- sonable. Wrlte Box 215 Guar- dian. EMPLOYED COUPLE. FIVEI children need house, 8 rooms or more, unfurnished, in Charlotte- town. Phone 3844. QUIET BOARDER REQUIRES room in family home. Non-Drink- er, Office worker, permanent. Write Box 216 Guardian. BUSINESS MAN - SCOT - DE- sires room and board in private home Charlottetown. Central. Permanent. Please state terms. Box 214 Guardian. Work Wanted QUICK SNOW REMOVAL ANY- when: or anytime by good work- er with ton truck. Dial 4500. Monday, February 13th, 19.3 NOTICE RATEPAYERS OF PARKDALIIT The Postponed Annual Meeting of the Ratepayers of i the Village of Parkdale, will be held in Parkdale Hall, COMMISSIONERS OF PARKDALE 6, at 8 RM. ANNUAL The Annual Meeting evening, February 13th, a Hall. Signed: Villa,(.:e of North Rustico will be held on Monday COMMISSIONERS OF NORTH RUSTICO. MEETING of the ratepayers of the t 7230 P.M. in the Parish who wants to consider a business while. This man intist be able I'I(lSS SIIICII. right man, if you are interested EXCELLENT OPPORTUNITY I would like to interview a man between the ages of 25 and 45 We are prepared to invest considerable money in the year in start, depending upon your qualifications. writes- BOX 999. Clo GUARDIAN FOR AN INTERVIEW opportunity which Ls very worth- to meet executive type of busi- in earning from 83600 to 34300 a 3.0 Miles. at the office of the undersi DEPARTMENT OF HIGHWAYS Province of Prince Edward Island TENDERS SEALED TENDERS will be received until noon on Friday, 24 February, 1956 for the Subgrade Construction of TRANS-CANADA HIGHWAY Section WATERSIDE ROAD to FORTY-EIGHT ROAD, EA 10, approximately Specifications and Tender Forms may be obtained Charlottetown, Prince Edward Island. Lowest or any Tender not necessarily accepted. NOTE: Tenders will be opened at the above adver- tised time. and bidders are invited to present their bids in person (or otherwise) and be present at the opening. gned, Provincial Building, R. G. WHITE, Deputy Minister. -rwo macs ADJOINING moms W. B. MACDONALD Wins Award cooked meals. Near Belvedere Call 5498. ' - At the Annual General Meeting of the Empire Life Insurance Com- pany. held at the head office. King- . ston, on February 11th, 1956. it was announced that Mr. W. B. MacDonald had won the General EXPERIENCED Manager's -award for the second -. consecutive ear. Mr. MacDonald Requned for large Conu has been pregented with this award cern in Souris, Good 531. in recognition of his managerial achievements in the Company's Charlottetown" Branch. TOWANDA. Pa. fAPlAPau1 C. Belts, Til. retired United States consul. died Tuesday night. Im- mediately prior to his retirement in 1946 he served as consul in Saint .lohn. N. B. OTTAWA eral forecast of Canada's lea ital investment be issued in a cw weak: and ndicattons are it will show a sharp rise over the' previous high JI 6,000,000,000 in 1055. The amount of money industry and ;uVII'IIll'lEl'lI-I intend to spend In any construction, machinery and equipment provides a key to the country's general feelings of economic trends and whether tlmea are going to be good or bad. The 1956 capital investment fore- cast, based on a survey of thou- sands of business firms as well as various government bodies and Institutions, likely will show that Canada is In for mother year of exnansion. ' Scarcities have developed in some essential construction mater- ials, such as steel and cement. and there have been some price in- creases. But on the whole fedral officials feel that though industrial prices may Increase slightly this year. by far the largest portion of capital expansion will reflect sc- tual increase in volume. GOOD INDICATOR Capital investment has followed I (CF)-The first Ind- 1050 rogram likely 'Exipect Sharp Increase In 1956 Capital Investment again was I good indicator of tho product-value of trend. The federal forecast was services that the program for 1:35 wgzagld tacular climb to a record suit; 000, but it raced ahead to drack Federal officials do not be ,L touch the 1053 high of the 30.000.000.000 mark. The major feat of 1055 was that the huge rise in tually no rise in prices. In 1955. too. the gross It Further Price,In ational NEW YORK (AP!-The price of coffee is on the rise. The cost of coal is going up in the spring. Men face the chance of paying more for their clothing in the fall Bottlers of soft drinks and beer will pay more for the glass con- tainers soon. The oil industry debates the wisdom of a rise in crude oil prices which could be reflected in petroleum product prices later on. But these samples of "creeping inflation" in the United States to- Predicted In United States the ups and downs of Canada's day l18V9 One. especially bright economy, For example when the offset. Meat prices are being cut economy dipped in 1954, capital in- at retail. Chances are good that vestment dropped to S5.500.000.000 from the 55.800.000,000 of 1953. And when the country made its surprisingly strong recovery and advance in 1955, capital investment CLEVELAND (AP JDesplie de- Steel Profits First Half Of 1956 May Exceed Last Year I firms are not so optimistic; 80- next month will see lower prices on several other food items, even if the relief, is mostly seasonal. And there's hope that the five- .-. -n up -i -14 I. I- 2 to i I in load; ;., produced-made 1 000,000 from 011.000.000.000 In 395. the 1056 production expangto - equal the unusual 10-per-cenlgi i ” ' expend1- of 1055. but they expect it will; tures was acoinplished with vir- aiage. pg-haps climbing by amp new blah of sziipo, ooo,'ooo. creases cent candy bar may get batik . little of its former size. Coffee roa s te rs have lists: higher wholesale prices twice in 1 week. They cite the recent shari rises in the price of green cofieq beans. especially from Cent” America and Colombia. Bituminous coal prices are (if ipecltfd go up April 1. 0uci'aton say it will be due to higher wage; and increases in their other ex. penses. Price increases in 1'1ll'l()ui areas will range from 13 in cents a ton. This will bring them back to about where they were m 1948. After that a recession in ihg coal industry brought a series of price cuts. The mine u'ui'ltrrs will have an B0-cents-aklay lvllgp 3 crease April 1 under the existing contract. NEW YORK IAPD - The stock! market took a moderate setback; New York Stocks Suffered Modest Setback Last Week President Eisenhower's p r 9 I g, conference on Wednesday gave the clining automobile production. the pliance earnings will be a little steel industry probably will seelbelow those of the last half of its profits in the first half of 1956 1955; freight car earnings may hit last week for technical and polit- iweek its indelible stamp. The new: ma; reasonsg that the president might decido The Associated Press average oflwhether to run mi ”'eleC””" bl exceed those of the like period last; year. I But the earnings won't matchl those of the last six months of 1955. Steel magazine predicted Sunday. Actually. says the magazine. steel producers might welcome a further dip in demand since some of them might need their own metal to expand. The industry will spend about Sl.?J00.000.000 for, new equipment and eonsiruciioul this year, compared with 8730.- 000.000 last year. 5 The magazine says a survey in- dicates "blue-chip" manufacturing LUITIPBIIICS, other than the auto- new highs; shipbuilding profits will rise. While overall demand for steel has cased. producers still. can sell all they make. Steel says. The production rate has averaged 99 per cent of rated capacity for the last month. The price composite on finished steel remained at 5127.91 a net ton last week. but scrap prices slide for the third straight week to 550.33 a gross ton, decline of 17 60 stocks dipped 33.60 to 3174 in a series of four straight day de- clines followed by a partial re- covery on the fifth and last day. Despite corporate news. that was good for the most part. the mar- ket had ample technical reason to adjust itself downward. In the prior week there was the best week's gain on average since early November and five siraightl daily rises. So some profit-taking? cents for the preceding week. See Bad Timing Cutting info was in the cards. March 1 was on the wires in tho forenoon but had no immediate effect on the gently declining mar. ket. it took about three hours for the realization to spread that a drastic change in the politics climate might be only three week: away. Then prices broke in the last half hour. Canadian issues on the New York stock exchange were gen- erally lower on the week. Down over the five - day period were Aluminum Ltd. off iii at 101. Canadian issues on the New York stock exchange were gen-, eraily lower on the week. Down over the five - day period were Aluminum Ltd. off at 101, Cana- motive firms, anticipate earnings Idian Pacific off "Va at 32's. Dist eight to 10 per cent above those' of the first half of 1955 and three to five per cent above those of the second half. Profits for parts mak- ers general will not be so high, however. Steel says. EXPECT BIG PROFIT Other findings of the survey: Machinery m a k e r 5 expected about their best first-half profit in history big electric machinery firms hope to do as well as ever, but smaller electric machinery YOUR BEST MARKET FOR Iron and Steel Scrap, per (2000 lb. ton) .. .. . 5515.00 Auto radiators, each . 4.00 Bring in your lead, car rads, brass, copper, rope, beer bottles, hides, horse liair. You will receive high- est cash prices. Truck scale weighing for your convenience. Centrally located oppos- ite Eaton's Store, on Kent Street. MAURICE BLOCK & CO. Market Value Of Ford Shares Car Batteries, each . . 2.00- NEW YORK (AP)-Nearly 346.- 000,000 has been wiped from the market valuation of the new Ford Motor Co. common stock since it was first offered to the public less than a month ago. The 10,200,000 shares were sold at 564.50 each for a total of 365.900,- 000.. At the end of last week they were quoted in the over-the-coun- ter market at around 360 apiece for a paper loss of 045,900,000. The shares are due to be listed on .the New York stock exchange around March 1. For a time immediately after the sale of the issue was cleared by the securities and exchange com- mission Jan. 1, the shares were quoted at above 570. At that figure, investors had a paper profit of 35G.100.000. POOR TIMING Wall Streeters were agreed that the steady decline in quotations from that high could be attributed to unfortunate timing. The shares were sold. they said. at a time when auto makers were cutting production and when the stock market was in a decline. Brokers also reported soon after the offering that some investors sold their shares simply because they weren't able to get as many as. they wanted at the offering price. In any event, the fact is that you now can buy, at a much lower price. shares of a stock for which there was such a demand that there wasn't enough to go around. For a time after the offering. the underwriters of the issue sta- bilized the shares at the offering price. That is. they bought any PROFESSIONAL CARDS Bell, Matheson 8- Foster 150 Richmond St. iii.-Plfnnei: Blanchardi BARRISTERS, SOLICITORS. Etc. OPTOMETRISTS G. F. Hutchaaon Ii Son F. G. IIUTCKESON. 3.0. Dill I30 Richmond St. Dial 4747 A. Walihan c3ud.cf'it.s.” 165 Queen St. Phone 4232 5) Gang; 9;, M. A. FOVMOT, Q.C., I.I..D. J, A. Cgrfufhgnl Log Bank of Commerce Bldg. its Kent St. Dlal Ill! Allison M. Gillis, LLB. Byron J. Grant, O.D. I III Kent ll. Dill In J. 5. Taylor, I.O. Corner Kent & Que: Sta. 150 Richmond st. Dial nu MocPhu & Trainer 5&3?” J',L9E.”'.,.1'.' Office ms: none on P0 mar L Haslam Bank of Nova Scotia mu. M H' 1' Mob"? '9' ,3... h . . M” ;,jj;,,f;:k' t CHIROPRACTOR . m Grafton Street Dr. W. R. Canon J. A. MacGulgon Currie am, Dial om Oneal It ARCHITECT Chas. R. McQuald, G. K.m. pkkcrd - I. Arch. M.R.A.I.C.. Snminontlo. P,l.l. Dial Charlottetown ll! Queen St. Dial 6288 .'lIudaya Inlay!-litatun ing references, to:- I HALIIII withlhoapenua. which will connect the Great Lakes P. O. Box 996 WANTED Draftsman, with at least two years experience involving building details steel, masonry. concrete thirty-five years. Excellent working conditions. Sa1- , ary open, and dependent upon qualifications and ex- perience. Apply. stating full qualifications, includ- L. E. SHAW LIMITED and some mechanical drafting. Age twenty-two to CHARTERED ACCOUNTANTS McDONAI.D. CUIIIE I CO. cnrhttotowa - Hllifa.x.N.I. Carrie Bldg. 1 (In H. I. DOANI I COMPANY Ml (Inst OOIf& I-. Q.I&IhIl Phone Ilfl-CC L0. Ian III ARTHUR J. GARRETT ' Palmer Electric Iulldlng txmrtottotown in than Inst 1 an IRMA P. MORIIEN CIAITIIE AWMINTARY Provincial Baal IKI Q I& Ell! HWOIK NJ. shares offered at 364.50. When the group was disbanded. however. this stabilizing ceased and the stock's price gradually worked lower. On Thursday, it hit a low of 359.07 bid, 360.12 asked. The typical small investor hasn't been hard hit by the downtrend. For one thing. if he bought the shares during the public offering. he paid no commissions - those came out of the fees paid the un- derwriters by the Ford Foundation. which sold the shares. Presumably. most small invest- ors bought the shares not as a means of making a quick profit. but as something to put away for future growth. In that case. the daily fluctuations of the stock will be of little concern. Notes Canada's Greater Role In World Affairs LONDON CP The Daily Tele- graph. commenting on the visit to Ottawa of Prime Minister Eden and Foreign Secretary Selwyn Ll- oyd. says Canada "plays every year a greater part, not only In the commonwealth. but also. in her own right, on the world stage." "For generations." says the Con- servatlve newspaper in an editor- ial. "Canada has been described as a country with a great future." ”The truth is that today Canada already enjoys a great present." The paper then lists some of Cansdala contributions to Western defence. noting in passing that al- though her contribution man- power needs is "dlsappo tingly sms11' this is largely atonad for financially and in other ways. PRAISE FOR PEARSON Discussing Canada's role In Asia the editorial says the 'genulnc un- derstanding" between India and Canada on foreign policy la en- couraging. It praises External Af- fairs Minister Pearson as the ing the NATO alliance. and adds llanca work is "probably second only to that of President Elm- hower himself." pers, published by Canadian l-"I Lord Beaverbrook, ent speech by Gen. Sir Archibald Nye, United Kingdom high com- missioner in Ottawa. has caused repercussions in the Csnadain cIvi' tal. Derek Marks. political corm- pondent of The Daily Express. says in a dispatch from Oil! "At a time when Britain's in balance with Canada in tlltlns ill gerously on the dollar side. it being charged that tho in-cunt high commissioner and his 5 do not mix with-Canadians. T110 are almost unknown to the mill people who are anxiously llitlr in Britain's economic struggle III who desire to give all tho help tb- can to stimulate trade.” lers Seagram off V4 at 87511. H son's Bay off 6'; at 6462. Interna- tional Nickel off V4 at 80': and Walker-Goodman off la at 70'':. Granby Mining gained V: at 101:. Dome Mines 1 l ” unchanged at IHV4 and McIntyre was un- changed at 92. . On the American stock exchange Canadian in u e s were mixed Lower were grazllian Traction oil '2 at 7, Far o 011 off I-16 at 2 1-16. Scurry-Rainbow Oils off 1-15 at 2 and Wilrlch Petroleum off I-16 at 7-16. Higher stocks were Eureka up 3-16 at 1 7-16. Preston East Dome 011: up V: at '02. Great Sweet Grss 011 up 1.. a' 4 13-16, Jupiter Oils up V: at 2'8 and Sapphl c Petroleum up at 39;. Canadian Marconi and Molyb- denite both temalned unchanged at 6 and 1 7-16 respectively. "most effective and consistent ovu- man pressure group" for expand- that his part in making the ll The right-wing Express newsPl' give promi- nence to stories saying that 1 rec-