SEPTEMBER 11. 19st

Quebec Power . Fihawinignn ... . Fmeiters ... . . ... . . Steel of Canada F's-cl of Canada Pfd. . . Simone ... ... . . . .. Winnipeg Electric ... .

consolidated Gas .. Commercial Solvents Dominion Stores ... . . ... 20 4 W Electric Power and Lizh . General Asphalt ... Goodyear Tire international Hydro Electric .. international Harvester Kcnnecott Coiibsr .. . Montgomery Ward . Niagara Hudson Power ... . Paramount Public ... ... . Poor and Ca. B ... Penick and Ford .

s o Sears Roebuck .. . . ,,, 75

Chrysler . . General Motors ... . ... l‘. S, Ste

Bank of Nova Scotia ... lianli- r-f Montreal . Rani.- of Commerce . ‘Rtgvrii Bank

Shite: lake ports. making n mini wat- t-r movement for the four vvccks of 1S.-

107x10 bushels. ‘While the iurwoincui i (p, m“. when w“ dowlopmg m mm dstrlbutcd as soon as possible. sills-rattle proportions. wheat stocks on

fiiiffibffi. ‘fi_,,§.§j.1;'}§-’fi.h‘1,‘fj“§}§m“‘f§§ Grins workcrs took up the difficult‘ Qfiponding total of inst your of 102,- task of kegping the mmm-y peowpig orderly while food vras doled out at impromptu canteens set up in church

es. govemmenfi buildings and some

(‘Ii lYW-itl o! inst year on July 31. 191i INTERNATIONAL PETROLEUM:

hurl-sir in Peru as against 826.472 J~re and 938.024 in the like period fir)‘; which withstood the gin-y o; the hub I ricane. Rolling kitchens were used respectiv p", Tt _ .

..., iijisgvquaeln‘ ngafxnl°g_vzx_o‘l‘f“"fg for cooking the food which was l_oru_ and 11.941348 us against il.T1S.~ brought b0 Santa Domingo by several , 0*" in Columbia. (‘uviaiiment in Peru

Ffntilufliqn. “mum m July l, he,“ vessels that had to anchor in the our n e . Sbi . t t r .

dilrllti: ‘furl Jill-yleliiild lfsrvinhfllifmhilf“ Cnribean. being unable to dock at

5H8 in price strength. The other day "18 iifllition of Dominion Government issues was referred to and prices over tttt- past few weeks were compared. Au‘ frilly!“ finals’ point is to he tnniiri iii 1r e n v ' _'_. nslitriiyrb,,n“,{:u4'l5rg§'.f'",':“5 tion. Almost all have infections of n ra e , . m, m 19;“ giilj-emifgiyltilzshngztimg some kind. Hiose in’ the hospitals strengthened during the gains running as high as z points in certain cases. The movements in these 1min are illustrated in thti fnl» in churches, schools homes and pub-

Angi Atigls ciii- lit‘. buildings. Doctors declare the v" “"35 m1“ number oi’ injured oilmide of hos- pitals is: exceeds the 1.200 shown in

lowing table:

cwlt. . . by Wrnrimm

R i" 11.. . PXRIA‘, . FKRNAMIMR‘!

i‘

' Stewart Jones 8: Co

111g

‘CH A R LOTFETOWN GURRDTAK.

......“ s“. 0

PACE NINE

a...

ssfiN .

ixaitsz-zas-zssctsscgstg

iii

if‘ Market Reports

1'11 By GREENSHIELDS 8d CO.. Montreal Special to Stewart Jones & 00., Charlottetown

Bfifii-{EREKQXSiiiiiifli$idfiiEfligtgig {.25 l ii.

l? \' ‘it luau 103.75 lo ' i

call money '-".6 p.c. MONTREAL l

Ahiiibi . _ Alberta Pacific Grain . - g9: ""‘°"°‘ ' wile inn looso ioroo Brazilian ... 63c in“ 80-00 86-50

c‘ yo}, . 41A 9c 1M4 01a 01.15 Building Preclin- - in: 1253.20‘ 104.00 21:13:35.‘... ::: ::: :.. . I ~22 m1 .8153 23:22 s-"i: P-P" -- ... s22: is: - :::: iii: :::-a snn ... .- - - Dbllliillbii Bridge ma; §§§§ $3: - go: 105553 133% F°'°‘F" P°“°' s°°‘“m“ '8 Mon Tram ' its pr loss 511'. on. General Steel Wares ... .... 9% Que POW - ab‘; “m8 1m}; 10f? Home Oil ... ... ... 31,10 Shaw Pow". “f m“ 913-25 98-0-6 lmpertmilslogicohci ' ' 3.2 Show Pow . §iic lino loam loilm lirifeiifjzgflmm N,cke',"__'_"___ _ riiit Scour . w. pi: m2 1005b 101.25 l?"'““gfr‘,.li,petr°leum ‘ ' " 3.3% common or rasana .'~:::::;.F....;..~.-..--:..--.- -~.:.-:: 53.. eon-i ,_'i"oll rnnelinc -..i ... .' M H t. _ Yi“““““‘ B"’“'°"" " "m" <1"? us Lia Ymiim"! 5"“ C“ i: A" ri iv c 11m 00425 Vim“ “m1” c x ii ' " 4"; pc 1057 aifso (‘nnatla Melting C N R ' " m) PC m“ s i'“‘"““°“ T“ c s n ' " 4i’ gs 105s tozoo Famous Players 0N R ‘ “ 3pc m“ 1on0 Norsnda .. . c N R ' " a“ m“ IM-u "W" c°"°°m°° C Y‘ R ' " one 1on0 1041a Price Bros. c N“ I 5N mm -

*9.“ (Tax nxzurr resume)

(TAXABLE X55571!)

. ...

bushels. although stocks were

m“ ”'°““m°“ l“ ‘m’ ‘m w“??? of the old Spanish stone

J L‘

Columbia production was 1.. rcis as against l.iiii5,Si.'$ and l..-

In recent discussions or currcnt liflnfl the wharves.

wsxalllrillilaesexltjilfaabgxoietd til: A hospital survey completed today

demand for bonds is resillt- "vealed that, more than 1200 sq»- lously injured patients are receiving treatment in l3 hospitals. Many of

them suffer from gangrenous infec-

N

00 . . mi r “a no rim 102.25 101.25 loiotiil" "We?"

iflil-CE

strong tone

of the afternoon

v-ia c

9»- u-s u.

were notewortiiily strong. ports on steel operations and cur load 1112s this week are being uwailctl with unilsunl interest.

Since our memorandum on the Cig-.the moment. arette Mtg. industry issued last fail we have favored that group in these parn~ graphs probably more than any other and continue to feel it represents one o! the most attractive.

Mirror-die Iharp turn upward in t stock market in the last hour of trad- ing on Tuesday for further advance in

DOSIINIOH OI‘ CANADA BOND!

OctLliifll 101.00 a c t‘i°'i"}3§? it?” iJ-.-....AX‘. 1.75 n" ‘°'“ svi nt: DecJADST mas

American Can . .

pc . . . . . . Nov l, 1984 103.70 Sept 1. 1040 100.80 G no . . . . -. Oct l5. 1948 103.50 d, be . l .. . Oct l5. 1944 !0O.30 - . . .. . Feb 1.1940 100.80

Standard Oil o! New Jersey .. 60V,

Sterling Securities A 1

Studebaker ... ... ... ...

Yellow Truck ... 2 -, i i; ,

For: Films . t‘. l" R. .

53cc ... ... Kori-JUN 102.00

SANTO DOMINGO, Dominican ‘Aqx! _ Republic. Sept Ill-Only the cool-

‘ neas o! omcea-s of the Dominican Army and of the thiited States mine- sweeper Grebe saved hurrlcane-strick en Santo Domingo from e food riot trauma-r BEVIEZVWIQTB ears-nurses. yesterday, WW ‘h t h ‘Hundreds of men. women and L. “m” “wifeat '§m§‘;f:,;.,'1a:°h:§:“: children. many of whom have heavy drag on business in Canada in

practically every direction for an en- tire War nmv. it is encouraging to note

had any food since the city was dc- stroycd by a hilrricane last Wednes-

iilili a turn seems to have come, anti '

may ma“ "M! Mt in a w" pow day. tried to seize provisions which _ilvt- direction Tier {the bninnre of tin-mere bfflilgllt by iaunchm and Ofslifl‘ breroilt year. he lures t-niii lied y’

to“ Dominion Huron: of Sinlistlvtl ilnl- “ght "art w when,“ along tilt-arc a much larger cxpnrt movement n! grain during August than has hot-u

the case any mnnlli this your, errocll- the city‘ 1R8 even August of last _ ' i‘? vesela overseas iexportsi for the. tour wet-its ended August 2i? nuiouuted tn 111095.549 hilshels. Ind this total vnis incri-asctl by 7.151.201 hushcls by snip-

ihesbarp ailvniico the past so is nltributcd to pnnl iillllliiliiillililli

banks of the Ozama which divides nggrr-ssivc luiirkct §|1I\ils‘lll'§lii]7. I i‘ it shirt-mi“ The Dominican aria United States b "‘"“" ""' "“'““' omcers quickly pasted their men in such strategic position so as to hold Infill! tii Buffalo Mid nthcr rtineii back the crowds until speakers could assure them that. rations would be

\\'llli‘ii is etrilidil)" hmlig l

Government authorities and" Radium marker M

the past nirinrh. are in addition to the hundreds of injured who are receiving treatment

Correspondents of

Members d the Montreal Stock Exchange

is l8 Great George St, Charlottetown

Greanshields & Co.

V

Stocks and Bonds

Members: Moan-n! Stud Hubcap. Moanul Carl Moan, Toronto Sled Excbalga. Vii"!!! 5'4" lrcbaga, cast-m Bond t»! Twit.

New Yul Cub (llfltidl)

flgAp 9111c; GORDON BLDG. ' h Charlottetown. P- E- l- - Ill Bil‘ Ilndlfll’: Bent “on”. J7” Mgnggfl,

» ' ' 140311551, Telephone 1289.

'crs met Sept. ‘Jlitil to vote nn iii par tn no par from $2.1 mir as miiv clilallng step in ffllilplttiinii fiiiiitivizli nr~

igclni-rlts upon \\'l'\ii‘|i nfli-‘ers have

JOHNSTON MWWARD

"I i - . mas, Up as NEW YORK, Sept. lW-Forecnts and

TYES TERDA Y’S STOCK AND BOND QUG W”

uni»

T712 Montreal

Morning Stock GOSSIP A StoékiExchange

(Special to Johnston R War-ll The iuarkt-t illlliiiiillllflll a fniriv

NEW YORK, Sept 10-\T:lil Street

today’! market session, The market is rirtiu in a perfectly normal manner nnvl is following rlniivly‘ the methods of nilvtinve predicted for it. it was nniiv- ipiiteti that activity would increase af- ter the steel tonnage was mutle public» orders in to be expected. Stay luul: of to! will“ iii-iii“; nn the part of bearish VHYPTiFF. tnivr- the market advanced tiiruuizii the, ‘.341 levels. This has been iwitllasscii in due roulse and its devel-

the good stocks. More is lioiv living: iti-iird o! the change tor the l\\‘iii"\' iu the hilsiness of the rciuil slol-o conruriis whit-ii was culled to your nltctitiiiu i>_vl this service the last week in Aiigilsi.

scsmanr

unfilled tonnage at noon today.

Government amp report at; 4 p. m.‘ New York time. . Treasury m-l-artment calls for re-~ denlptitin on March 15th. 193i. p.c. treasury notes series “A" 1930-32} and series “B" 1030-32.

MONTREAL. Qua. Sept. lti-Jfhc

passing o! the dividend on Massey Har- ris and the lack oi any definite devel- opments at the opening of parliament on Monday resulted in some selling throughout the local hoard yesterday. Although in the majority of cases, the recessions were not o! serious propor- tieaa. Dominion Textile. Penmens. Mas- sey Harris. Cockshutt Plow and Power Corp. were the ones to decline. The sharp break in Massey Harris to a new 9° low was due to the fiici: that many quarters had expected a retlilctlon in the common dividend instead nf an en- tire elimination. and thc announcement n! the passing of the dividend camc as s silrprise to many. The company has paid six quarterly dividends of 75 cents ouch. The first payment having been inuuguraterl April 15th, 192a. The (‘om- pany has had to contend with ii situa- tion over which it llns llflll absolutely no cunts-pi. As was to be expected. the setback in Massey was reflected in Cocitehutt Plow. although in the case o! the latter. it is believed that the dividend is not in danger at the pres- ent time.

The reaction in Dominion Textile can

be attributed mainly tn (be fart liinl the grind neivs is out. it lvilskzcitcriilly accepted that the tinvcrliliient \\'0illll take stops in connection with illc tariff which would be favorable for the (‘an- adian Textile Companies and the sub- stantiating of this expectation in the speech from the Throne at the opening of Parliament nu blonrlay ivas the nig- iinl for selling on tiic ussulllptioii lliiil‘ the good news is out.

without fnilntlntiop. Whilst admittedly Montreal Power is experiencing bigiit-v earnings tbs year as cumpiiruil will

-i ck or

iipd the various stories, that have lilt- penred to account for - lnnii- up '

ii-"ictnrs-A moderate iuvvnee ‘in tn.- i

lliriiiighuilt the day tiliii, .siiccessfully met efforts in the millilit- to bring about n rib‘ iarliou. Some encouragement from busi- ness was given by the increase in pro- duction of steel iiignis in August and rtiilorlteli good retail‘ triiiie. Tlir- siinri-s Tel ‘V n t e companies n the liiiicr fieiihnter li ' p iiiuis in the "trick mar- _ - -- ‘i _ i"- Stroug re-livct zit-rigor (ling ‘(PHD lllVefirilliflil anrl 55°" alum" - 139133136 351M 37

-f ii".’l‘Li-l.\ iii . ‘~ \ ‘silciiiliiigito. if. Zii$§§§"i.§"'t‘is°'is§t 150"“ C t» F ~11“. mii 1w.’ we .‘ 3

dullness. from which a market will en-

i l .

rrflliEffllly inIO new hiih ground. 145G“ s w ‘ I i‘ I

I tiona. supplied the. clue ll to the next r , ; immctiinte tiirection of the market. We 7‘ v _ tnrinv st noon. A decrease in ‘liifillpilihrive {WPTlIIIISlV litlflléll the anticipation ‘Zflgafll is ‘if i ' i! ve . ll s00 I i I i l

uifliitlli leaves the market in a strong- l s‘ .r t.ch i-l pn iii th it ha been ~

‘gt niiy “time sillceotlhe gl-‘esent aldvanc- 157m,“ Cum“ -' 45W 47%‘ 45%| 45% ling trend came into existence. This 53ml“! m“ i i 7 if. i b I it ti llll h - - New Your. sot w-v- s. steriisififi ‘hi’; .i°.'*;‘“i‘.Z.? infiispiiif, iii. new» nishes one o! the strongest reasons for .

l; continuation of the advance. 15'“

sent a broad advancing front at the moment. The development of rotntive activity such as witnessed yesterday in v

tile merchandising shares. allows that portion of list which has recently teat- ured the advance to enjoy a few days

n the sid b tore again taking up the R E grins of leiidelfshlp. MA K

all 3%‘

to gauge the efforts o! a reduced U. S. Steel tonnage statement. It is Drab- rible that some further attempts on the

To our way o! thinking the relea statement will prove o! rmai r _ _ importance as tar as providing bearish geaubamol. ___ '__ __ m‘ 9%

PliifNl Ar-sd. Breweries 50 rents payable 11 D Sent, riotii. record Sept. 15th. Psi-l. Pay- g1§,‘,'“0““_',1_"_j_ _ able October 1st record Sept. 15th. gydnrm” s”

Rev E. M. and Mrs Aitken, and illfifllhill Distillers iu, Jtrnnta .. 2 little Miss Mildred and wee noiigliiss p,,,_.,.,,,,., m H 8;,‘ arrived at “The Manse" Malpeque, Zkfmiliftlmé 55"‘ 5° . .- On Saturday after a month spent Sisrlttrt- . .01?“ . . Tet-k Hughes .. 670

Tin riiiicri»; in Cape Breton. Nova Financial Service learns from nfli~ f

vial sources that the stories in runner S00 m a-nd P’ E" Island‘ During tion with the sale ill Montreal Power

. i

wand for stm-ks ls expected today.‘

oiling in iiriiior privi-s- 'iul‘ ilio sr-u- _

V , , , <fl _ (Special to Johnston ii \\ sril)

“ "m “w” “s v SaiesmhStogka Openfflighiiow- Lust orlsmss iliifnAblatihi '1' I 2.2

'35

SlOVtB c Pow a . i i i 15

this t; Pow n . iirBell

iliitton Co. snys:—~ \\‘e vuiiiiuiie t0 tcel that the only two

i‘ l.

l.)

iB-rnmpton i 241,1,

ii-ccl; oi- tu-o does not appeni to us at lomiié $1.312: - VW! 3V; i . i o

Ilnrublmve and Weeks ssy:- _iCockshutt . 20 [20 20 20% We feel trhar any pressure on the 7-51G,D° 5'15!" “WWW 57%‘ T";

downside will spt-nd itself in extreme a;g.l3%ogl~\fruex a‘ ‘[85 is‘ :85

t

sure that will probably carry the lint golfgaiafrccglo g i Mia‘, hel .1. S. Bache Co. aayz- , 0 We cannot but advocate the main» afiiGflmlm ~ ~~ l l i°°'/a telinace of constructive positions. . 55PM’ fmml - i l 9V; NEW roux. Sept. io-wali Street ufimln‘ 5W" 15' 21% 2e ism/ii Advisory Service siiysia-The closing 7,40,!‘ “f Wmld‘ - 35 , 38 i 3n i3“ lialf liour oi‘ yesterday's session. with lglflgalggflffil‘ ~ A214; a?‘ “hi! '2" - .- . _ a - . n nw t‘ its exideiii-os of strong buying opera 7m _Fmm an“) 2012i 2n“! 2m‘;

32 | 331/,‘ s2 I sci/Q est-qt sax/p oat/ii saw,

i 6d 70 ' 71 70 I71 60%} 71%| 89%‘ 7i5$

iPrice Bros .. t 3lr'i~l'n\v (‘nrpn ‘Shnvflnigno 5 her-Wm! .. ITWSQu C‘ Pow .

i i3 ‘A

7 oval .._....i | | 12901;, we rlo not expect the market to pre- Tm‘ "l" 5'35"-

Today the market will be called upon

list will b made b! professional in- terests opeerating on the down Mo’. ("mm m ‘nhnmw ‘Bzudlfiad ° And Brew 12 1g

H‘ astral-st a

flfliliniilhii, ls concerned. B; _ H Dividend declared Sherwin Williams Bi-figsllllggzigca}, m1" ‘l? 4O cents pcr share pins a bonus of 5 pa“ Dredge a: Dock " " 4'0 cents pcr share. Pfd. 1% p42. both for panama“ Mama‘ quarter ended 31st Aug. payable 50th (an puke" ‘ H G 6,6 Sent. record Sept. 15th. cal-iii,“ grew _ _ -i

Mad. ‘Tel. and Tel. Co. 6 pr. 1st ‘Pfd. (“you Brewery " " 7; $1.0 pel- share pay 1st Oct. Record m" (Onhsflmrflmslj- i”, "7"" 5"?» Dom Eng \\'t\rka ' l

uoxrlznsn. Sept. lo-vlriceiiii de- 1.0m 1-,, ‘e Chem p}; “

Ex. Dividend Norandu 50 cents. Imperial on _ ‘ Imperial Tobacco

i": i“-'.’.ii’i“““‘ ill t es . . . . , _ Lake Superior (‘orp .. ... M,

Mitchell. Robert A‘. Cn 20 llnntrcal Exhibition V.

mm)’ fflehdS Where will follow his

ithcir absence. several improvements

Cedar Rapids Plant Benuiinvnois ave ihave been made w the Manse which 9013759 with “ii/WWW- Lhave already been referred to and

. . .,..‘ i these improvements and the work

liimctifirlx-‘ilitllirrclg‘tlhclgnilllii iltltlmtlllwflnil‘ ‘womoctnd Lhorewlth is m“ one Vwlyito her home in Alberton after spesi-l ‘tin ivhioh the member or Princetowa iUnitecl extend a. ivelcolne to Mr and

here .

iir-ilcvcti to iir- iiniiiiniiitiiiii ii-lnii tlliifhlrs Aiticen, There will be varied 0p-1 Mrs mg“ Bryenwn, imm.

Elms "f "W-‘i’ “""’l~'i"i1 W‘ "i" -'“1"""‘."‘_‘ipurtuniles of showing interest. aZd

it is rulllitrr-il iii the Strcur Iiiut tinlinl Breweries will silt-viii" lu- gli

the reasons for till.

' lgilii: tiio lnariim ' sl-il of. Till- TtvfiilllflvililUtl

issue has bar-ll strongly‘ in sovcriil tiutirtcrs. NEH’ YORK. Ft-pt, lit-Liviiigstnnv .--l.lti!r> news develop-oi influence prices, lull the

5- . i0

turnover was lass than oil tho‘ pvcviiius

iilay, but it is not to he l‘.i\if‘4l that \\'lii\i’- rvcr activity ihcrc- was owiirrotl on (ho

strong SPHIF, We lit-lievi- iilui lill de- clines tile buying a l\\*('i\ lti'ili"l‘ tilrin the selling. 'i'lir- ililir -t flit‘ tfiirv. is iii it positiu-i iii iieili-fit ti ti

any favorable trade IlI=\\‘S that tion-ions.

‘ - 't' .. vir in... iifivU “Random a‘ ‘ Alike“ “m5 M‘ day iiii.er;1oon while attending

lins l\i"(‘ll llill‘ In iilut ' quantity hi‘

lmany irieds here oi lVLr Percy En-

htnrlini-iman, Silmmerside ‘learned of his pas Mrs Bryenwn w” able to be taken]

tion oi‘ . nlzliiii fiivtirtlillc‘. Tlwi here in his busines relation as a

‘man of ihtegriy: he also had many M], and M.“ John Lockhm chm,

f"""'iiuncrai from here u'ere:-» Mr and

.met with a painful accident on Fri

co t n lta a t n. is with sincere regret that the. nmulfiyythfge Q19 anberilgnrli: f:

sing. Mr Enmarl was well known m her home an Sunday morning

laersonal friends who respected him. Iotlbewwn were recess,‘ guests o’ Mr Among those in a-ttendance at. ‘the and Mrs Geog" Crone?’ HamnwIL

Providing iiiitt tin» [ITPSMIK slii-iitiMrs John Smpson. Miss Louise on Monday ammo“ September

signs of un improvement. lli general. business are fnllmvcil by the "xvi-viril- svlisnnril ruins, unoil sit-vita sbi-uI-i (‘itil~.

sllotllii l

Llnue to iiiOYf‘ irrvzill:iri_v liiglit-i‘. The iron ago fPiHIli toil '

slmps“ M“ J~ K- Muauigm- l, lib-hit sixty cit-Prince or Wales _ College students and their friends The many friend of Mr Alfred ‘wk advance of the holiday and

. _- < l I iii-limiilgiiiriitlllili-i-Tlim" i'.'tl'i\i\l'iyillqllll'il‘.~l‘Oran; “we "weed 5”” m 1"“ held a re-umon picnic a: Cavendish IIESIIDPK “TIIS fill‘ ltiz-rli-T s» iii] lb;- ‘pl-lic- that. 11G had been taken i0 the PTUIOG beadL students "out an over the - s , . ' as 'r- ‘. . . the Flirt; ileflfitgpililllfi Ilfufililliit lilllivlliitiii< lccllml’ Hospital “he” he “ndenent Island gathered to re-new old ac-

of iiiipr..i-.»ni.»iit in ti... s...» i.rii-.~'a_~_ operation, Latest reports gave qulmtmm_ wnsnds wh, hm said structure. Further illzi»rit\.>liii~i.| ill lliis- Gnfluragemmm, or his recovery and