JANpARY s. 1932

EDA

——--_ v

MARKET

GOSSIP

_ a h L. Cooley Associated Press ‘B’ o n rliisiieliil Writer)

NEW YORK, N Y, Jan. 7—'l‘he stock market kept I head above wat- er today. buoyed by the strength of railroad securities in particular and its own latest ehcerfuiness campaign

l. “Atmltllzlr best prices vrere 1 to Ii pom" higher hut these gains were reducer] by profit-taking. Ilowever, the market's ability to close higher

as encouraging even thouuli. ill seemed evident, much of the buying represented short repurchases. Stork tndlng was more active at 2,181,000 shares. The average net advance amounted to about n point. ‘Apprehensveness toward railroad af- fairs ap eilred to have been consider- ably fllfllyflll, doubtless because (if measures alreadp undertaken io tlile over the weaker liaks in the transiiur- tation chain and because of the widely held belief that a rut in wages si to he taken voluntarily. (‘nrrler stocks snrl bonds rallied confidently. equities rslng 1 ta 5 und loan securities rough- ly 1 to B. The stronger shares Hiclud- ed llilion Pncfilc. iioilisivillem‘ I .\:lsh- ville Atlantic Coast Line, hen‘ ilzlvcn, $'1'\ta Fe and Norfolk slid Western. -__

Grain Market

(Ciuiaillnn Press) CHICAG 0

(‘liii'.‘.\(i'O. lll., Jan. 7—Dest prices on WliPiil since a week before Christ- laas were reached toilay ill count-c- tioll witil strength of Wail Strcct se- cs and witii further export pur-

s said European continental countries were buying wheat oil a lierai scale. A leading Australian ex- iler wils asserted to have sold 2,- 000 bushels of wheat to China. Will-at closed unsctiloil 15-71. above I ’s finish, corn ‘A-‘lii up. oats aged to 1A higher, and provisions 1.1: from 5 cents decline to 12 advance.

‘VINNIPEG

‘IPlZG. lliiii, Jiiii. 7—(l'i_v nit- I-i l'i'i‘§‘1l-l“iir the third suc-

cls pcrsistod in tile grain pit Strength at Chicago. light ad a beticv tone the security markets were responsible for the upturn. values at the close wcrc L5 cent higher thnii yesterday's finish. The i\ia_\' opton closed at il-i while Tilly fiuishctl at 114%. l'it trade was slnail in volume but scatinil-at was friendly and trildors ionized for il broadcr export tlt-‘Illllllfl. ilitiio in the way of export trade over. aiciit could be trilci-ii. Push wheat trililed . at uncliangoil lprcilds. (Jnarso graills were trailed ill lightly at slightly higher prices“

(‘LOSE

i\'. 20%; no. 3 f‘. ll’. @-~ 1 fqtii-iititii-iiis-i ma 2m: 19°11 23%; rejected 18%; track Jnltlng grades: ti row 2 row ex. 3 t‘ W. ‘l t‘. W Iii; no.

‘iii; no trac

Produce Market

__ (Canadian Press) .\iO.\’1ll ‘A Que, Jnn. 7—l‘riccs oatiiiueil to hold unchanged on the rqiluvc and dairy market here today. ha. 1 pasteurized butter. in carlots. at 211,1; cents o pound 'itii some offers lit 211/ rents. 'i‘o i-iaiicrs solids ilt 2Z1 to - t-oilts nlill riilts at ‘:1 to 2.1 cents a pound were otli steady. Receipts wcro 112i boxes. (‘arlot iii-ices of fresh British . - nlbia elgs were firnl, extras being ioterl at 3i to 35 cents. firsts at -. to 20 vents and pallet sat 20 coats dozen. (llltarln fresh extras. in car- is \\'i‘|'(' L’ to 03 cents. firsts 27 Puts, pallets ‘.15 to 20 cents nail soc- uils 20 cents n dozen. (‘arlot prii-es l “1"1'"l~’<‘ "tics “TIC unchanged, cx- rue being" quoted at 22 to 28 cents, lrits at. -0 to 21 cents and seconds tnili cents s dozen. Quotations to rc- igclxere firm and receipts totalled Current cheese was 01/; to 0M cents l' 1 s-uillilc-r lnnlre at l2 t0 121,1; cents

_ ruled stoadv.

1 .ations per 80 pound 1mg iii-lug 5m ' "=11" for Qlichec While! Iilltl no

_ cents for Quebec and New Bruns. ' Breen maontain .

ex. .'i 41%.

t‘. \\'. k 718%.

i

Several preferred issues‘ enjoyed a t much better lnnrlret. Neither American Telephone. Gener- t‘! al Motors nor General Electric was able to accomplish much during the rally. but U. S. Steel was 2% points higher at the top. It lost Just ‘half the i rise. Reynolds "B," American Can. lil- ‘ tei-iiiitiiiiiiii lliii-vi-iiicr, tiillctte. "iitl- tfliwelal to riiliii-loii e warn) son iiiotor, Johns-liunville aild Wrig- tipi-iiiliigliirnmsllmnwtch Icy “r6?! 11c 11 iHilut 01’ moi-e at the ghrenngllllc new aolcino '50 ‘_ cose. s were rm. ‘ orp 1 1%‘ l,‘ 1W _ The return of funds fr m it ir 41 111cm .. 08- 00 u " . banks reached larger propllrtiollsellrld M-(‘hai . . -3“ lfllil filztll“ call money was reduced to 21/, per A! ilefln .. Vii I " _. cent on the stock exchange, this lnark- 4111 Qilri‘ ... iii) | 01%| 59 , uoiigum.‘ inlr virtual completion of tile year- Al“ 1- 1111i’ tli,.g| ‘i__ end swing. There was no change in 4111 7101's . 01,1. _ other interest rates although coulluer- ~41" I‘ l.t 1.’! 1.7 111» 1-; _ ciasl plaipcr was more active. 211i i‘ lle . 1.15; 15%| 151%! 1:15;.- .‘tcr ng rllllicti Perhaps r t 111 ' Tel 11-1-3’ flu, ' that the outlook’ for a bninrlrllcillxgoro: Al" Till! B 70-'y:| the British ilullgct was brighter. The A1111 ‘op 10%| ma“ 1012' my‘ _ rgniélzlgd ugfi-lblllcglvy and German xtltilliixlzllto lgg/cilfilfiii 5111i R5! i-i-flll; ' '- - .1 1301/ilIlu7’|-1 lliiid Loco . r171 r11 5U " \\'llA'l‘ run srocu MARKET mo. 1111i Ohio 1512 11111.21 1511/31‘ iiiizilli. riiii. wi-il. 1-1111“ A - 41.9 514.1 414i ,-.i¢,i__ " Nlllubcr of ailvnnceit . . 1190 415 "will Av . 10%| 17 i “lam mipi+ iy‘ Number of declines . .. 8 70 Bcth Steel 10W 191v‘: uiizi 1983+ . Stutilis ilnchangcd 10-1 100 llrilrlzs . . 81M " |__ i)‘ Total iiiiiieii ti-iiileil cs1 112i firersr, . 1203i 1zg,i1gi,<,|1»i.,i_, iir M 2 | " t‘ n 0 Ale 1114i i “ t‘ Pacific . 12%|‘ uii/ 1_ 1,... " ' .11“ -;- 35%| 3115i aifiiiiiiglf - - till. “all .i.' . 1 1 5+ =1 . '0 ~ 35H 271/ '28 , Mining EKG/range Lhlyflbhlo . lgaiii 1m! lri-"Jii lax/pi églwv-"g" -"i-ililiiiwwioswlo-uli <. . do, rah"..- 31 ifliiiii at gamu- 7;, I (Canadian Press) (1 ' a ' "QMI mu‘! ‘WNW .22.: a: ; 221.: in: iris, 5111'“ 113,“; m H uaviiulit 114i '| ‘ 1a vs f‘ ac l lPloso . ‘ "' nognipiiiii .. .. gill?“ .111 ' £701.", i7,,u,’75uilio 2.15 ,'.\,ll|.( .. OI ... " "' ' 1 iirliloiAfllfl .. .. ii"“ii"....'..‘l.°. ' "flxiijil/iif-rié ririooutlur .. p1,... A4 ' 35;“; * -'~ ->- ~r ‘llllilijlllillill .. .. .. . ‘ ' ‘ " “' 4' '9'” ‘WV-P 1l3tl0‘ll llolllllgor .. . 511,2 1' M - 1m: 12 ‘ma; 111/.‘i+ a. Lmllllilllllfilflll . .1 - ' -' -< uoiarliiiiilo-i- lilii -, 1;',1,‘{¢|I1-'1"/,.-l -"l1/i' 11%|- 1il00'il t? Pioneer Gen‘ As 1i " 1'11) 7"’ 174' 1114f." 7i: aaaoiniirr-(Jiiii m-ii i-"iiii- ' o? ‘ I i“ iiooitx-iliiiiiiit n," panda" " it I"; 250 (‘Jllrolll (g i" .' 1;; ~ 1:2: ltafliiz“ __ u, ’_' 1'“ liTJli‘<ir~ilnil_vn . R138) J I ,- G

.‘i0(l'lioill|ll:cr .. .. lllilWllfilllvtiitiilll .

iii-itifvliowlgv .. .. 1-"1.'i01'l\'irl{ Lake . ..| . w, fiiliilKirk Prcm ...| - 4000Il\'o0t Flor .. 5:‘i0'l.iiki- Shore . ..

4511i A Oil .. d7."ilti-llosciirch .

lilithiilst (‘upper lfitiffwiiililllrilul 100il-last (‘rt-st ldlllli-lllalllflfllllfi . 2000|Goodflsh ..

glon, for the ensuing year. tonight. C. C. Roverst was chosen first vice- president.

' NEW ISSUE-

Twonty year 51/2

due January 1, 1952

at 9_7 and accrued interest to yield over 5% per cent.

Writeor Telephone Your Requirements. at Our Expense.

rlisnalii sizcuilirics 00., no.

CHARLOTTETOWN W. H. V. Dunbar, Manager

Province of iiew Brunswick

per cent Bonds

Y

moan. - . .. .. .: .: . liiooyuiiiinlliislii .'.. .tll[i'.i,til(1.’|l. lfah?“ ‘ I I l§2"{l4l'lill_\;l‘0 .. lsor iRtitil 1.12.1 Kmfcnn “I W ‘m, oiiiiioiliiill" lil-llll‘ ' ' 1 ""“'“~' “"1 1 11"" “'1' 7 "iiiiiiiiiini... ..' ' L311," ‘a’ l-i-I 5-2 ‘If-gm 1412 121114; 1-1;; l.‘ 1 . -~ . - l"'].§\“.,',1}:;‘,f,',',‘,11 ¥40€‘\\'Inrl'lt! 2mm 2114.1 so. | 2111151 1i . . 1- _' rem an i 112w rm _ 5finn-Q:ga""'_"“ :11"- Tl" 1- 47 "i lo i.i'1 is i+1i/, 1000'Pot. ciiiiiii ‘,¥,...'"!",“ -- 1%‘ 111'" 1~"’~i' 1iia1+ u .’i00il'etrol .. lif liallllliilsu til‘ | "sq: q l‘- 5,‘,f.,’§,',§,';,‘,'0if" - u viii-irii- . 1’i sun '7"i 71p: 9S|,ni<,.‘|\.n,,“'e‘ “ .\t Pai- Pfil 14%| 17 I 145;.‘ 1i:1z.i_ 1,‘H_.,,;,.~,,,_k "um-u; vtoii wiiril n ilow il | lip/liq. i1, looiviiioiiil “'1' M" " 17““'1‘° '1? '1 i»- iii nioilvi-i-w» lllll‘ ..| ' "t. Silver elm. ‘- - 'l‘ot:ll sales iiilflrlfifl. trams-ran GOOIAhana .. .. ...| .0l 700i li .\iissouri .141

i i l ' 21,-“ , __ _‘_ ._L Rcli I s ml R§",,,‘,‘,‘,“‘§,"“ ‘f’_‘Y_‘_,',;,;,"|' lltwk l ..| 1114i 11 - NM,“ _ __ “I , m, m“, uiiv Dlltflh 1140M ., 4 (llllt PM? .. ...| 1l.00l11.lltll :11" "1"" '1" 1 11:. 1illitlIKirk lliiilioii .| .10 |.1o “°"'""‘1< 132141 11c commiii-lioiiil ,|_ .,i_¢._.,.;o, 0111c Q1111» .i "ill |+111', nonixiii-iloii .1 .11 m1" ‘" 1' | ‘I l-i-ilf, oooivluiii Pete i . . 2 n: ‘Q "Mm" ~ 23W 20%| 21114‘ 20 »i— ‘it. 11700{\'cntures .|. lqsy, _5o "("1911 Ital 816i 9 i ‘l1. 0 l-i- “.1 S Brands . 13%| 13%| 1314i maggH 1/8 Filer! .|2.1W.| =v,| gait“ my _ ‘ s 0 of nil i eiui 22114.1 24m eirti . o, lnnoriinoiijii, [pgtl/r, _ i at of». .1’ I ‘r1116! ‘NW-I 2714i "s |+ 1,5 iifiilflilrctt . |. g liiriivr .i 11%| iii/ii 514i 514i- looo-riiii Kirk | .1121; 1,4 Wivlehniu-i- i 13114-1 1214i 1111-! llii-I-i- 1/. aoooviiii llfiilFil . ..| .oi1,:,i .oii;,i ,iii1._. --'_1,-'1.i 1-2141 12%| l21v.i+ iv. noiriaiiiiilt l'till . .. 01m .lli";.i .0111. l --"' IB-‘W-l 99%| rsvii+ 1-’- eizlooilioiii Expl . . osali .oo -i 19 ,i 1111.61 18 I i01A-l+1% ioooitleiii Liike . . .07 | .07 i3"1-'.'i11l.l.'l0 30111111» 1-i- ziirinnioiilliill .. .. 1m 1,1, W114i 73%| 1114' 7siti-HM _1-,iinii;..,,_,.iie on ..» . i 1114.1 1114.1 1114' no.1 L 1r. 500‘li|lliop .. . Zola; Zola’, ~' mi’ '“" "'1' """ "e lonmiiui-i-i-ii .. .. .. .oi1.i.| .1111»,- -' 1,3111 111W 1“"1l18'%1 1- 1A 1fi;'iilll‘l\'il'l( lliiiit . .. .ol=1t| .oi-',1t. 441;" 1111M, i‘, '-"~""i|— iiiiiiijlrl si -t . .. .i:i,-. _i;a' 1 i _, — uiiiiiiiiiiii-ide“. .. Jifiiii lid/i 719W 1111.1 ail-o 401/11-1-114 20001110: piiiil .0111. .0114 1,1,”: 11 1131.41 miff- 1/. itltitiiliitiago my my ~ *1 '- 4ootrlziiiiii<o my: my: §9“,.-' [ljjuil f} , 10% -i- '16 ionnilliii-liii- . .0214 .0214 "l" -~"/1' ~'“‘~- -'"~ v "1 lvtitioisiiil (‘out ill 1,4, $2M 1,1,”: .>oou_siiil_.\iiiiuii t 1,. if m, W1, '_.,,._,, 3,4,; ,7, PRESIDENT APPOINTED I a (Canadian Press) SYDNEY, N. 8., Jan. 'I.—A. X. McDonald was elected president of _ (Canadian Pre ) the Sydney Branch Canadian Le BOSTON. i\iilss.. JiiniWL-Ninctcen

NEW Yiliiii

vessels arrived at the fish picrc today. WHOLESALE QUOTATIONS cents per lb. ti to 7

fitoli

I-l ace-ran: .~ -.-. o a: Isl bl 41131550

Montreal Fur Auction Sale

(Canadian Press) MONTREAL, Que, Jan. ‘L-A to- tsl of $378,000 was realized at the special sale of silver fox skins of- fered this week by the Canadian Fur Auction Sales Company, Lim- ited, it was announced last night. The three-day sale ended today. Eighty-seven per cent. of the 13,650 skins placed on the block were dis- posed of at an average price of $28.14, comparing with an average price of $29.11 for a similar sale held in December. Officials stated that the present lot consisted mostly of lower grade pelts than those offered in December. The peek during the present sale was $150 for a single skin.

‘the report of the proceedings

CK A

The Montreal Stock Exchange

ii

Stocks (i! e Allltlliln .. ..w.'.'?i"“§i?“ ‘ “ Ileli Telephone " ii f.‘ Packing Brazilian . Ilililli Pro A | (‘r111 (‘nr Fdy ...| (‘an i? Ftly I'll! 5 (‘an (‘i-inept ..| (‘an (‘em Pfd ..| t’? Pacific ...| (‘ricksiiilt Plow .| (‘ans Ill Smelt ,' ilrydeil Pnpci- .1 i i i I I i

llo Yiriillrc ..

Iio S (‘mil l! ,_ lfraser ("n ‘PM Gen S Wares Pvpsuiil ,, ,, __ linw Smith .. ..

on; E»

l: a _ a- -.<_. I5 43

Shnwinican . Stool of Canada Win Elec ..

Montreal Market

Oiieililllglliiiawiliast V in

'£'!E~..9'?’.“.‘1-9’!".1.1:=.T°."1NH§PARD'AN

D BN Q0 .4 TION§

CENTRAL GllAllllIAii

511-6111‘ FIRE-IE“; discovered 1n the apartment of Mr. Justice Arsenault in the Judge's Chambers, Court House Building, engaged the attention of the firemen about 2 o'clock yesterday afternoon. Smoke was noticed issuing from the open window by a passerby who quickly sent in the alarm. There was con- siderable damllge by smoke and

H G304. chemicals but little from fire.

I counrv COURT-Before Judge Duffy yesterday morning Alfred Clinton and Ivan McEwen remanded to the Supreme Court charged with breaking and enter. lng the Island Stores. elected to be tried before a Judge, without a Jury. The trial was set for Monday the 11th before Judge Duffy. Mr. R. R. Bell represented both accus- ed.

OLD COPY PRESERVED-A copy of The‘ Guardian of April 10, 1891,

siiiiiigiils

liiOXTRllAli, Qua. Jan. '!—-(ily the

was left at this ofllce yesterday by Mr. Samuel Ciow, 169 Water Street, who found the newspaper preserv- ed la an out of the way corner in his home and rightly considered the

Canadian l'rr-as)—.\folleratc trains were 112.1111 scorvil by a i-iiiiii-iii-iitvii-ly \\‘lt|t! list many on the Montreal Stock Ex- change. As was tllc (‘ililfi ytistflfiltly "if! liettcr for-ling ivaa not accompanied by any cxpililsion of sales. total transom 11111111 hcini: liilt 3.2m shares Iiffillllit 3,700 yesterday and 4,010 on the car- resnonilinrr day of last year.

Tile iulerlistl-d issues with the ex- ccpioin of Brazilian ‘Fraction, rr-spmii]. cd with gains :i|noiintlili: to less than 11 iioint. A little profit-taking ill the afternoon shaded final quotations but at the close tcu stocks were showing gillns against one lcss.

(‘oiisiiliilatr-il Snlolti-ra [om-hm] 1| peak of 70% bllt eased to 001,4. still lli' ‘.4 on the. day: (‘anailinn Pacific was "V: better at 1.1, its high on the Present lnovolavut. international Nil-k- el climbed 1/, m m,

Other gilins, registered on small amounts of trading. incliideil: Aiiltiiii ll|l 1,4 iit 2-? ' ell at 71.4.: allntla Cement, up 1%.

7: Dominion Steel and Coal “li"- up ‘It at 2%; Massey Iinrris, uli ‘it at i: St. Lawrence (‘orporaton. up 20 cents at $1 and Winnipeg lilloctrie, llp ‘l’; at 01/1: Lake of the Woods was n strong feature rising two pnints to 7. llrrlzii- tiannshowetl the only loss, casing 1,4 o -, .

Total bond sales wore $10,000. Vic- tory 1037's cased 2.1 cents to a now low of 101. Abitibi was half a point llliflit‘? ii: 31114..

ritorilni: (‘lIlHPll stronger at 31.0132 and United States funds nilvnnccil a fraction t0 181g per cent premium.

Montrea! Curb Mark t

discovery would interest the present staff. The issue contains many items of interest, both of news and ad- vertising, and gives a birds-eye view of the social, business and political events trsnspiring in Charlottetown forty-one years ago.

ENJOYABLE CONCEitT—Pa.t-

lcnts of the Provincial Sanatorlum enjoyed a musical program of role excellence Wednesday through the kindness of Rev. Jos. McGreel, C. SS. R. and the choir and orches- tn. of Holy Redeeme Church. The program, rendered from the recep- tion room. was broadcast to the different sections of the building and was greatly appreciated by both the staff and patients. Open- ing with "0 Canada," the choir, under the direction of Father McGreel, rendered “Adeste Fidel- es" (English) and “Holy Night" in perfect harmony. Vocal solos were piersingly rendered by Rev. B. Gil- lis, D. D., Miss Mary Moran and Master Severlnus Arsenauit. Three selections by the seven piece or- chestra were interspersed through- out the program and added K188i-

Stocks

Aliaiia .. . Asso (lil ... . British Am Oil (‘all \\’illcvloit . Iiis (‘orp-Sca Do Stores .. imperial Oil imp Tobacco int Petroleum . . lni: Ptiiitics A . lllt Ptillfles B Moss .. Noranda .. .. . BT08 ll - I Tack Hughes . Walker. Hiram

(Special to Johnston C Wnrli) Opolillligiilliolvilfast . 4 l

ly to the enjoyment. The National Anthem, by choir and orchestra, brought the entertainment to a close. R/ev. Jos. McGrcel, C. SS. R. and Mr. Alex McLean were the ac- compnists,

PLEASANT SOCIAL EVENING- A pleasant social evening was held Wednesday nigh: by the Ladies of St. Dunstan's Altar Society for the Altar Boys of the Basilica. The pre- sident. of the Society Mrs. Charles

Grain Shipments From Quebec

(Canadian Press)

QUEBEC, Que., Jon. 7.—Two hundred and fifty thousand bushels of grain will go to Saint John, N.B., and Halifax, N.S., from the Quebec grain elevators, it was learned here last night. The shipment will be transported by rail and it is believ- ed to be the largest quantity of grain ever movccl in winter from Quebec to the Maritime cities. The grain will be loaded on to 125 freight cars and gradually despatchcd east- ward. It was believed here that other shipments will follow the first con- signment although ofllcisl confir- mation of this could not be obtain- ed tonight. The Quebec elevators have a. capacity of four million bushels of grain and at present con- tahl approximately three million bushels.

France-To Act — ‘ In. Manchuria

PARIS, Jan. 7.—(A.P.)-F‘rance is carrying on conversations with Great Britain and the United States with a view to taking further com- mon action in Manchurio, it was rc- vealed today in offlcial circles.

The proposal under discussion, it was said, is to ask Japan to define just what she wants in Msnchurio and to point out again certain clauses of the nine-power pact. No steps in this direction have been taken and there has been no decision to not, the reports said.

HALIFAX. N. 8., Jsn. 7. (By the

wired to the trade was as follows: "One to three-quarter skins sold for $67.71: one-third to three-quarter pelts brought an average of $55.64; selected all silvers sold for $47.85; all silvers, $32.12: one-eighth silvers, $33.70; biacu, $19.45; low grades, all classes, 821.17."

"A woman's beet bet is-just in being feminine-when the man is

Canadian Prom-Hon. Gordon S. Harrington, premier of Nova Bcoiiil, returns to the province on Friday after sn absence of about a. month. hip in November Premier Hir- rlngton entered a hospital here for observation. later going to a Iww l-‘ngiaiid sanitsrium for recuperation and is now returning from a four of the West mules. He will land at Halifax from the steamer Lady

b0“ "it" 18 lrcator happiness in the bomefl-Buby

quit-q.

BQIGII-

Lyons, presided in her usual charm- ing manner. Among the guests of honor were Mons. McDonaid, Rev. Father McCarthy, QSS. and Mr. Eugene Milrnay. A pleasing feature of the evening was the presentation of a beautifully bound Missal and Mother of pearl Crucifix to Eric Roan. who has reslsned as Assist- ant Master of Ceremonies at Basil- ica. Ain address was read by Billie Brown and s. presentation made by Stephen McM llan. The new Assist- ant Master of ceremonies was an- nounced to be Billie Brown. Delic- ious refreshments were served which were heartily enjoyed and an ex- ceptlonally pleasant evening was spent in songs and games.

Loaded Gun Kills Cleaner

(Canadian Press) HALIFAX, N. B., Jan. '7.—Alls.n Westhaver, 24-year-old hllastzrer, was accidentally killed today when the rifle he was cleaning in the kit- chen of his home was discharged, sending a bullet through his. chest. He had put the gun away m his re- turn from a hunting trip some days ago, and was apparently unaware that it was loaded.