‘»,1f 1 i V _ I _ ' THE Cl-IARLOTTETOWN GUARDIAN PAGE NINE J 4 i 1.: W. M 1 ‘ms s-m |~-_ A , 1 ' MARKET I 114. sn.. lomlm u4.'roo.»1..r... I _ John L. Cooley, Associated Press r(,|::.n°||| Wrltif.) . W y0R,K, April 28.-Stocks ra- vegsgd themselves todsl, interrupting ,bg mild upward treu apparent In rr-vlous markets this week. < - pU,,¢il the last ho_nr prices msniag- 1 to hold within only hailing is- " “_” of the previous close but a brtbllk la wheat finally upset the equil- ihrlunl and llnlal prices nhowed all reraga loss that represented cancel- intion of gains made Tuesday and Wslluesdny. Boeonw grade railway honda had s flimsy market. whlc nv have exerted some influence, 'Kilo inability of carrier equities to “mlutain their slow advance doubt- Iess dampened sentiment. Ooaspicnons soft spots included ' burn down noarl 7, and Alaska §,'f,,¢,u` off more tbsa 2. American pn" Case Santa ll‘o_ Union Pacific, A,,,,§¢l¢-an 'Teiephone, Ulzion Carbide, ,,,,| Consolidated Gas yi lded 2 to 8, ",111, Standard 0il_0 New Jersey, National Biscuit, U. S. llteel, New Terk Central, Du Pont, Allied Chem- ical and Westinghouse gave up 1 to uéziaence of the Bethlehem Steel en as a matter of cdlrss and declar- ation of the csgulsr preferred divid- end seemed assured. resident Grace snid the declining trend in business had been checked, a symptom which he viewed ss encolirlg ng; the com- pany's business-this month has been about on s par with March activity. Furthermore the new steel prices IN- holdings. ' _ lfoaey was abundantly plentiful, with cali funds again avaliable al low as 1 per cent in the outside market. Weekly foreign bank statements re- vealed a large rain in gold at .the Bank of France and a drop in circu- 'iatlon '\'1'h‘ the Bank of England Inst some "sul, but improved its ratio. ' wnA'r ami srocx sulllrlr, om Thu. Wed. ,N , ,f ll ,.. 84 fill sldlii ‘Sr-i1.'eid.?.' ...' _ as or Stocks unchanged ..-. ... 101 120 Total issues traded ,.. ... 493 500 _ | | 1: ,i,,__ _ Montreal .V-iilarllet. _ » Siilelights _._Q- 1lloN'rnsiAL. April 28. (By the Canadian Press)-A decline o Can- afllaa Pacific Ballway to a new low 191-el for the current year, and cop- tinurd domination of the list hy Ilon- trcnl Power, featured todsy's session of the Montreal stock exchange. The 111111-in-t was, generally weak with loss- ¢,. in 11 majority of_'l to_2._ _ _ _ , _iioutrcal Power, on sales of 3,214 sililr.-s, lost la to N while Canadian 1'.-u-ific_ with rading in 1,504 lhsres, 1lrn|.p 14...; U*/S 5% S Will Remove Minimum Price MONTREAL, April 28. (By the Canadian Press)-The minimum prie- es on Dominion Bridge Company, Ll- mited, National Breweries, Limited, Preferred and Windsor Hotel, Limit- ed, will ba removed on Monda _ May 2, it was announced here tolily by the Montreal Stock Exchange. ‘ With the removal of these three 'pegs' there are only fifteen minimum prices still in effect. The minimum prices were-imposed when Great 'Bri- tain wcnt off the gold standard last September. The issues that aro still 'pegged' follow: National Breweries, Common Ogllvie Milling, Ottawa ation, #rice Brothers Common and Light Heat -and Power Power Carpor- I’referred_ Shawlnliran Power and al- so eight bank stocks. bids- Jan 060:.%§_?: 001; March 015; C. R. MONTREAL, April 28.-Canadian Pacific Railway earnings ilgures, as issued today, five evidence of dras- tic economies n the system: Where- as grosl aarnin s fog the mouth of Marsh decreased' by $2,030,070, from the some 'n1onth'in'103l_' net pro.its only decreased by $106,258 due to a cut in expenditures for the mouth `of nearly two million dollars. Even more striking are the figures for the three months ended with -March, which show s gross decrease of S0,- 508,0o5 in ‘gross earnings, when`com-‘ pared with a year ago, while net profits only decreased by $441,831, expenditures having been' reduced by over six million dollars. Gross earnings for the month of March totalled 810,272,186, which com- pares with $l2,3i2,003 for the month 3456 March, 1931_ a decrease ot |2030,- Working expenses for the month decreased bv SL874018 from 810,070,- oos for nan., loaf, to so_m,2e4 lo March of this year. Net profits for the month amounted to ll,'i0,502, a decrease of $105,258 when compared with $1,835,760 for the same month last year. For the three months of the year ended with March gross. Earnings reached $28,520,080 which compared with $35,028,001 for the correspond- lug period a year ago a decrease of $0,508,065. Not ‘profits for the some grind decrease by $441,831 from “$25,240 a yesr ago to $2,017,415 in Working expenses for the three months showed a decrease of 80,000,- 224 expenses for the 1032 period ho- gag $26,002,112, as compared with 5$32,- ,8ii'$ last year. eign exchange' ir1:el1l'-r.Dr(’ilre?1It__griI: Ma _*_ WINNIPEG. April 28.-Responsive to lower wheat quotations at Liver- pool and l brighter weather map ov- er winter and spring wheat lands in the United States and Canadn, grain values dropped p°\‘C°Pll\ily t0dly~ Prices at the close revealed losses of 2% to 1% for thc day. May eased 2% to close at 50%: .'luly 2% to 0111. to 02 and October 2 to 1’/s to 64% to 04%. Export trade was s ml.nor quant- ity. The market showed considerable activity and the long. dull puusca which had characterized previous trading sessions this week wore ab- sent. Ostenslbly the main factor in the decline was the weather condit- ions, The trade, however, inclined to the belief thot these conditions did not justify the break. Seeding conidtions over the rairic _ wheat ilelds were reported- tnrray as `favorable. Similar rl-ports were re- Icelred from Southern Russia and a lfnir Aurplus of wheat was reported in Aritentinr fractionally better spreads featured CLOSE ts-gay 84% July 389§B Oct 54%” si s. ' ' Barley_.May 4055, .T¢‘y 40!iB. 0¢¢ 87%. Wheat-‘No 1 hard 02%: no 2 nor 00%' no 2 nor 50%: no 3 nor 52%: no 4 00%; no 5 41%: no 0 42%: no feed 00%: track 00; nn 1 dllrum 83%. lizlno ii c w 30; no 0 c w 35, truck 0%. _ w r crop anim e o . hnsheis for 1002. some authorities od g ult f in th A rii ll ores. Hand Dom iinin 111.111 llnnl llolll lunn 1' \' Can ... Cnn ... (‘an ... Cnn ... ('r|u Coll . It ... . . (` N II 1' N R lt of of of nf of ... of fi \' ff: ,.1 Nut Scrrlre . Nut Scrrlce Mining Sales Stuck s -e4 ... 5 -III ... 45-46 sr. 5-43 ,.. -i‘.§'~"3 ,.. 419-50 ... 4'/:'51 ... 4%-55 5. ?‘=?' .'5§32 Bid Asked ill'/1 ou'/, lu nl '/1 sn’/I, 91'.. ol 11'. ary, 05% 100% 100% 105 104;' Si.. _i , High 1/. 11:14 no 11;. 112'/, li.-. no 08 ‘£1 07 ‘A Exchange _.__-_ liiirb 13 01% , os 011/, 111 1000 Acme .. ,.1 ... 1511.0 Alex ... _ ,.. S00 Alnlllet . .,.. . 1.100 Arno ... ... a 57.10 B Ilulllngcr ... 200 iiaae Metals ... 250000 Blllgood , 1600 B C Pio necr 3500 Buff Can ... . 4500 Clericy ... l000 Fed Kirk ... _ 50 Granada ,.. ,.. 1000 Harker ... 52.1 lloillngor ... 500 liomestcall ... . no 05141 32.1 20 01% 02 80 01 iso 25 2‘.’.'10 ilolvey 1 il K le 1000 Koot Flor 250 lllnylalul . 00 Mvllltyre 100 M<~l'nt,\'rc 47101) McKinley 2000 lioffathail 800 M085 .. 2055 Noranda _ 2000 Pet Cobalt 100 Snnuuionlo 2215 Sllcrrltt ,. 1800 Siscoc .. _ 450 Sylvnnite 200 Trendwell 1300 Vipoud .. 1000 Wrighthar i Silver 27%. 20B A Oil ou. e 2.100 Filrlorniln il45lu1p Oil R05 Nlckcl 000 Kirk Hud 100 I’-Orellle -|000 Pen Pets . 1200 Ventures 1000 Algonquin 500 Bolljn ... 3000 Brownlee 8500 l')on1 Expl i000 Gem Luke -I00 Gold Hill 1000 .Taclr lifaln 400 Kirk Toll' 500 Oil Sclcct here asain 0 0 ee y , .. .. .. 2500 Kirk Luke .... 5000 Kirk Prem ... 100 St 'Allillu1ly".'.‘: lsso '1'r¢u1.ogl.es"1 f R00 C~l`tes<~,'~1ch . 100 Dnlh sl . -no Int 1-rt ..."III 22000 McLeod ,.. ,.. 1000 Nordon ,.. ... 2000 1.1-hcl Oro 1000 Sud Mines ,... 1000 \Vhlle Luke .fs ..». _‘S 21 3-I 02 ,.. . ‘fl 85 Lake Shore ,.. 21750 .. , on ’ 1.190 ]5l)0 :lo 011;, alia 15511 ‘Fil in , , .HJ MMV, 07 4il ...,. ...i . . 1.. .. » 380 1 75 28 240 . ... Total sales 104,000 shares. UNLISTED 300 Abana ,.. 000 B Missouri _ 05 00|/5 pon 00 ns 1111 .xiao nun 1100 so 03% 04 1115 02% 2s -ai .a° _-1. CURB . . . . '.0 11W’ 0412 UI 1/4 1/. OI ... . ".'.'.'.` n .. 08% 0| .-... 03;:/(1 oil SPRING Low 12 01% .5-T? in-A 50 05 315 28 01 02 ‘so 01 -|80 25 -. al 32*/5 01% 1/. 205|) il() 1500 1s§3 .. 1485 ii. 40 30 5ilfi/, 07 fltlll 170 21 230 04% 00": ooo ao 08 110 SUIS ll2.'l 1 100 fi 0 03 S6 04 1 65 02 27 I 03 IZ 0 l. 05 01 of 05 ‘fb 04 03% ‘.4 03 'roii<2.><2;<2..<.~.'< Days are growing longer. SPYDIB I5 5 Birds are singing love songs to 01° old refrain! Zephyrs softly blowiriiz sin! Of D10-S' 0! D7'/.x ` 0'i t i - ____ _Quotatlons Close 5.11.1, 41% 01,4. mqip Low all .1 ,.. 51% 65% An. 1,... wie. -11% Ain Siniit Ilfl; ... 35-s .nh T.-1 'lt-i 101% 0'/(1 5% 08’/av 7/9 All i'..f\ur ... » r < ‘J ," Al--i1i.<.l.1l1 ,.. .' 40%' 42% 4%,”/1 Auburn Alito . . ... 371% 33% 3-by ll.-lu ohio 0% 9 ,U 11.111 slncl 114% 13%? 102/1 ilrigos . U54. lib "34 (full I':l1-:fic ,.. ,.. ¢ H05 U _nib Fuse 'l` .. , 24% 21% -'lflff Cary. out . 0% 0*/1 fil- Col Fuel iron ... .- 6% c G rzii-c S Con Gns ... _ . . Corn Pro ... . - Curtiss \V ... . I-1 I lillpont ... .. (len Elec ,.. , .. 15% 14% lieu Ifnolls ,.. » 32'/it 31’/.1 Gen Iiloiurs ... ... 11% 10% G ll. Signal .. ..... 10% 15 sit 8 lu 1111/1 111% as arm aan 28"/r 141.9 3114. 11 11% 3019;, 25’/r Goollycllr Rub ,. - Houston Oil ... _ . llullsnn Mot ... . . in llnrv ,.. - in lizlich Pfd ..... lu Nickel ,.. `..._ , Ill Tcltpliono _.. ... Kell Copper ... ... Lambert Co ..' ... .. lills Pacific ... ,... Mis Pac Pfd ... ... Mont Ward ... .,.. Nash Motors ... .. N Y (` entrul ... ,.. l’ncknl'tl nhltura 14 10 1/. nf/. fu/ s so al 7 s 11% 2111/, 2% 4 13% 11% 'lit gi? Q :N »“-‘§x..=.r.l -1-li,- A. . _` ;,,; f.,,:.-_"`_' 1.5;.: fi i -.` ¢ r Y _ ‘ 1 a 1 . I L Canadian Govt New Y°"k Bond Quotations Swck Market '.CONFIDENCE" it -A I ia