/

Q.

‘ P. E. 1. FOX MARKING co.

\

W.

f MARKET

' (By John I». Cooley, Associated Pres; Ilnanolul Writer)

- new YORK. N. r., Dec. 2o~strlm support for tho bond market eclipsed further recovery in stocks yesterday. , Railroad mortgages moved confident- ly higher, aceolupailied by gene“; ,gaina throughout the list. ~ Shares were-subject to profit-ink. 1mg and other week-end selling. net u urges were small, although till; “y. erngen showed a narrow advance, At their best prices rail equities were 1 to 0 Points up,w lliio the lndugtrlglg and utilities progressed about 1 in 3, Carriers held their advances fairly well; there was some late irregularity elsewhere.

U. S. Steel, Bethlehem, American Cnn, International Nickel. Consolidat. ell Gus, American ‘Pclepilonc, Western Union. Coca Cola. and Auburn closed

nccnmnnn 21.1931"

8 tionai B

GOSSIP

lower. but General Electric. Anaconda. Konnecott, American Smelting, Na- lscuit, American Tobacco. All!- erlpan Water Works, Union Carbide and Allied Chemical were firm. Many

an exception being shares of United Corp., which broke 3% lloints. Sales totalled 1.029.400 lllllllea. a largo Saturday turnover.

Foreign cxl-ilailges firmed, led by sterling. Swiss francs were sharply higher and the mark improved. French frutncs were strudy, but no gold went ou

the preference

WHAT T11! STOCK MARKET DID: B t.

Number of advances ...... 42'!

a.

Sweeping Gain In Security Values

-svr_

IEW YORK, N. Y. Dec. 19.-—(A. P.>»-A sweeping restoration of se- curity voluesbrought an advance wave oi Christmas cheer to Wail street yesterday.

The bond market leaped upward in one oi the most impressive de. monstratlons in its history. Throughout the list advances oi $10 to $120 per bond oi $1,000 per share value were chalked up. Veteran traders said it was OHQ oi wile gwlfl- est advances ever seen.

While the advance started in bonds, it quickly spread to stocks, and the upturn became violent in he late trading. Principal shares pushed up $3 to $8 while Auburn made an extreme gain oi $16. "Ihs turnover of 3,622,619 shares was the largest in two months, and the total trades of $20,58a,000 par value oi bonds was the largest oi the year for an advancing market.

Commodities also joined the ad- vance. The principal grains ad- vanced about 1 to 2 cents a bushel. Cotton pushed up B5 to 85 cents a bale, and spot copper was sold in good volume at 7% cents, up l6 of a cent, and a full cent above its re- cent bottom.

Factors regarded in banking and brokerage circles for the complete change of front in the securities markets include:

L-Thc report that leading bank- ers had, decide’- to support the bond market, particularly issues which they had sponsored.

z-Statement oi Thomas W. La- mont before the Senate Finance Committee that Germany has been “most meticulous" in meeting its foreign debt payments and that short term German credits advanced by United States banks "cannot con- stitute in their volume a. danger to the American banking system."

(i-The assertion of Sir George Paish, noted British Economist, that the world is standing on the thres- hold oi the greatest prosperity it

ever has experienced. ii only thell

necessary steps are taken.

4.-Advices to Wail Street from Europe which indicated that Franc is more favorable to the contentic oi United States and British credity ors of Germany that reparations should not be given preferential consideration over Germany's short term indebtedness.

n-Growing hope in railroad cir- cles that an early settlement oi the present wage controversy would be reached.

Nearly every leader in Wall Street who was interviewed said he did not believe it practicable to carry out Sir George's proposals wllllllelell- but they expressed belief that with- in two months enough 800d Wllllld grow out oi conferences amonB P0- litlcsl leaders to move the intcma- tional programme of recovery 1°!’- ward in marked lllelislllll-

____{_____

Metal ilztcnell tray-ll make a charming gift for a woman who taller pride in her kitchen-

Number of declines 13S 155 Biol-ks ilnchanged .... 147 15B Total issues trailed ...... 712 805 M’ zscellaneoas (Canadian Press) COTTON

NEW YORK. N. \’.. Dec. 20—-Coiton futures closed barely steady: closing Apr. 6.51; liiay 000-01; June 009; July bids: Jan. 025; Feb. 03-1; Mar. 042-43; 77080: Aiiflt 089: Sept. 008; Oct. 707-08; DH‘. 024-25. Spot closed steady mid- dling 0-40.

Liverpooh-Cottnn, spot moderate business dons. Prices 7 points bighsr. American middling, iair 027; strict good middling 58-: good middling 542; strict rndidling 53 - middling 621; strict low middling 52'... low middling 01-; _rict ordinary 40L’: good ordin- ary ~iii.i. Receipts were 0,000 bales in- cluding no American.

SUGAR

NEW. YORK, N. Y., Dec, ‘lit-Raw sugar was unchanged ye|tgrfl3y_ Buy. ers were said to be willing to pay 3.08 for Cubas in position to suit. and while there were rumors that some. thing had been dnne at th level, they could not be confirmed, with hold- ers aslring 3.10. was reported that galalfilllflfs business totalled about 50,1

bags of Cuban for prompt ship- ment at 3.10 to local refiners.

Expectations of large December tenders on Monday led to increased selling pressure in the futures roar-

1 to 2 points, there was a partial rally particularly in the later deliveries with the market closing 2 points lower to 2 net h her.

Approximate sales were 0,700 tons. including 2.400 tons in tho form.oi exchanges from the near to the later deliveries. Ilec. and Jan. closed 0.09, Mar. 1.05. May 1.10, July 1.10, Sept. 1.21. and next Dee. 1.28.

The refined market uns unchanged at 4'20 for fine granulated with only a light inquiry reported.

MONTREAL. Que, ec. 20—Barley. Canadian western, no. . .50: oats, Can- adian western no. 3i .30; nilis, feed, no. 1 .40; flllur, spring wheat patents, firsts 5.00; flour, seconds 4.00: flour, bakers 4.30; flour, winter wheat pat- ents, choice 3.40-3.50; flour, white corn 4.50-4.80; bran, tou 10.75; shorts, ton 20.76; middlings ton 28.75: rolled oats, ling 00 ltia. '.'.ll ; hay no. 2, cnr lots 12.00; cheese, Ontari .0015; cheese, early season 242%;

but .r, no. 1 finest 32105-2255; eggs, fresh specials 1i cartons .50; eggs, fresh extras in cartons 40; eggs, fresh firsts in carious . . ; eggs, storage extras in cartons 2: eggs,

storage firsts in cartons .25; potatoes, Quebec, S0 ill. llag .50-.55; potatoes, New Brunswick, 80 lb. bag .55-.00.

HELPER S

If I can stop one heart from

breaking I shall not live in vain;

If I can ease one life the aching,

Or cool one palii,

Or help one fainting robin Into his nest again, I shall not live in vain. —Emily Dickinson.

1'1‘ MATTERS NOT

it matters not what men may 59-8. Or if they wish me good or ill,

I do my best from day to day, And let them whisper as they Wlll-

If I can face myitlf fllld 59¢ No stains, it is enousll l0!‘ me-

Ii I can make this little nltllfi A kinder place because I sins. ‘rhen I am glad that I was sent A song oi happiness to brine- Liie could not hold a sweeter gift Than songs, a burdened heart to lift.

From the rich well of being drawn The sweet and bitter oi tho years

The wine oi living troddcn down.

The songs of happiness and tears And from some hidden spring divine They ilow into this heart of mine. --Edna Jaques.

FOX MARKING a

_-_€.___.

Every Fox Rancher must recognise the lmlflfllll” °l' l"'°ll°l'l¥ “Pl

records and identification of breeding stock- irnperatlve, and even the rancher with only

mug", m, property li strayed or stolen. E. island using the same methods as the Canadian

d mark can continue to use it.

foxes anywhere on P. Nlufllllll ma time wllll I "I'm"

much", uqmin; to have an outsider in their ranch

In a large ranch this is a few pairs should be able to We are prepared to mark

may arrange to

preferred stocks rallied with bonds,-

ket, but aitcr selling iit net losses oi ‘

NEE

(Elltciul to Johnston k Xi'an!) Oponllllghlilow l.ast|.\'i.Ch

lil0.\"l‘lll'~ll\ll, Que, Dec. 20—(By the Canadian Drcssl~l£ritish and foreign exchanges in relation to the Canadian dollar. llll compiled by tho ltoyai Bank of Canada. closed yesterday as follows:

Argvnilnn, peso, Jilfiil.

Australia, pound 3.3400.

Austria, sehiliiilg, nnt quoted.

lli-lgiunl, belgn, .1710.

llrazil, inllrels, .0784.

Bulgaria, lev, not quoted.

(‘ilillu. lloag Kong dollars .3211.

(‘zouiinslnvahlin L'l‘l'll'l, .0300.

Denmark, krona, “'

"illiitiltv. pl-ngll, not quoted. lulllli, rupee, .3130. Italy, lire, .l ' Japan. yen, ,.">.'il0. Jugoslavla. I||iilii', 5. New Zeiilaail, pound, 3.8144. Norway, krone, Poland, zluil, .13! Roumaillu. lou, .0073. Hnuih Africa, pound, 5.0033. Spain. pesciil. .1017. Swollen, krone, ." i0. Siviisorla ml. frajig, A2111, _ _ United Stilton, dollar, 2:0,’. per cent premium.

opp LICENSE rnarn was ooon as new

RALEIGH, N. C., Dec. ill-Why shouldlan automobile owner buy a new license plate by January 1, when the 1931 tag is as good as new?

The North Carolina Highway De-

H; ll.....;..l lStock Exchange

.._.__’-

l Jl t .r- wlllln ,,,.‘.'_§,”°°"l ‘o o'(';;llllliiil;il|i.l.lvlLast Iiilitllll .. .. ... 1 fllelepiloac ..lL’l

1%

Murderers Still l Undiscovered

(Canadian Press) ALBANY, N. Y., Dec. 19~—Thrce times Jack Diamond "beat the rap" with death when assailants wounded him but yesterday gang-

l~'l i l. ri . k,

Fllllilllm l.l‘}l‘l‘-1.q.rui land "rubbed him out" and last. ‘_irn"‘f‘,'lfl‘|'fll""'_ _ night the motive for his murder lllllillllll. nllrill, .~i-'lill. was hidden in the turbulent post

of the gangsters.

Guarded for years by his hench- men. Diamond went home alone from a celebration of his acquittal c! kldnaping, and in the darkness before dawn entered his rooming house where the assailants awaited him. Three bullets crashed inio his head and he was found sprawled across his bid. The proprietor of the rooming house heard the two or three gunmen dash from the house and a neighboring cobbler saw them depart in a motor car.

Astho frightened rooming house proprietor, Mrs. Laura lvl‘. Wood listened she heard one o.‘ the men say, “iii-it'd enough.“

Mrs. Diamond. summoned from the party where she had remained

mark uloir llwll llllilllllieslla lliu be lllpllllbd Wli-ll a crawl: ill-Inhaled

marking lfll d instructed Ill If»! ti”. ‘ A; igtloniyuheoessary to mark the animals you arc hwllllll. Illa will

50o per fox is very moderate. Aflill! ll will?"

CIIABLOTTETOWN, P. I. I.

suns-sun“;

BOX 808

(luuu-Jnvcvc- an n

rom-ii-ia-oi-ao- "Qcfil-ii-is-fifn.

-- FULL FURREII)“ Two one 1W Tall” “$3.319” Both Sexes all color Class.

I). STIRLING MacLElbhPfrlowm " rant-tam"

qi-aifiuon- ed-

— Also Pill?!-

partment today revealed it had xe- ceived such an inquiry from a- , I woman mow,“ o‘ the State. Ethel Smith, liei‘ $1.‘; or, and Jack Th‘ womm mo“ that the “cub Sltorye, the chauffeur wily had 5e Duh ‘m, ma!’ which she boughfdrlven "Legs" home. were qucstlon- m” two mm“ “o, had been we“ ed by police but roll and. ‘ taken care of, had not been scrat- Pwmbly the m“ “r l“ ‘numat’ and m, otherwise muted’ and she cs t0 see the gangland dnnclv alive mum w magnum, why it would was Marion "Kiki" Roberts. the one not “We Mm Decembexa time Broadway slinw plrl ‘swea- The Department did not make hflll- 5°°°~‘d'll'l l“ s'°"l"_fl'“”'"l puma m "ml somewhat intoxicated. VF “l1 M hour or more with licr lvolclre cm-

Etemai tax-paying seems now to tllllllml u" l0 h“ mmlflm? hmls° be the pl-m of nbsl-ty. W“ l"°°‘"‘**-“- “h” W“ “m, "f"

Perfumed notepaper is very poou- "load when al- we "'~'"""l a ill’ lar. Tradesmen are said to bc send- 'M'\ntiv"ll~ 14ml l" "““' Vi“ l‘ ing out bills delicately scented with few vears ago, could not be icund iorget-ms-not. ll "Milly.

when Diamond lcii. Mrs. Wood,

WN

The Montreal Curb Market

ts-lc-elul to Jollvlwtiln k Ward) ill i tpl-nflllglillluwlllnst Oil

re \\'

l<ll .\|u it

Air lteduc 545/ _ l l Ai ChBlll “In-y,” __ 1,4 1° ‘° Al-Chnl . . 12v, - l ..,. \ Am can ‘u > y.‘ Iii iillillk . 1 *4 Am llllco ,, + y, l" l Aill I’ Lt __ Am T Tel . ~1l§ I i?“ Kigali B in" +1.1“ I 0p ‘l’ 5 (‘ens ll . :f,°b""_§:l',u - "all Do steel cnlli B Md Luca " l‘! (ion S Wares .. Bu" 0m“ '_ Ilit Nickel .. ... " nllrllll A ‘ i‘ ‘/* Illlrll (if wlllllis I v Bend ‘Av . 1., l}; gmll=ml= Cram Elvports Bgtehn bteel -' .\lmlt Power . .. c PM“ +1-7 Nil-cl nf cllulllill . ___.- ca" F i"; will lfilcc .. gmn Sou - _ B w n r n) .heas Ohio - __.1i _ _ _ "lll" P", " Chm, Mo _ 13% y+ Q .\l-.\\' iiliiiv, .\. 1.. lllfii‘: sin-nonli- Coco Cola Jill/l i1 __1,(_, . . WI \\lli‘ii|. l-lllsl-ll “lily. pll-gur-riln). Col (‘aril ,, 351/ r1 E h ' ‘ Col q 1419c “y: + 1/: P‘, H” n (‘oi-ls Gas , _1i', "be 53" ,. (‘out (‘an .1 + ° Curn Pro +459 _ _ ‘VISXIPEG ... _ (Canadian Press) ‘ n‘ ,,0__ n u_ +(‘,IA TOllOhl U, Uni., bee. l9-—(.\llilln:; : Rlifixlllfllflrfllllilll; tymlkl]: "' -, ., .| ,~ ' .1 gil ‘ i r~wln»:i inur- 'l' 1",‘ I ]]l|l'"ll'!:§;m|'(hft lull)» _\‘v\-il'l'ilil)'lillllll ‘values ut the i1 | ‘H15,’ '|'_,,_~‘, '71,; lqlUTlxfrlj in.- slirrrt session ‘voile "l/s to ..-. h 21 ,_. u Hi than liil. pru nus c oat. + y‘ ' ' ' ' ll\‘i‘l'lill|\'i‘ (‘llrhvil nt 5.0, for u loss nf i ‘g1 5;; silly SH] 1;. m m1‘ uvhile Jlliy 14 llrl-ppi-il {ll i0 close at G27)‘. “I, Y, "Unhwfl. Nl-lilil: l'L' lil ill-. lust hnur 4' 7|1||y];g,|..,,,:l| " wim-il mil an early llil‘.'iliil‘t.‘ of one ,|,,,M,'|.u“"§\.‘_r Hm Pwlii, llllll illw points nl’ ill!‘ inllrnini: mm,“ y. Hum“, \\\'l'i' l‘i'ill'li1'll in illt‘ filial inilluila of “mm “Hulda li-allllng. iillllll buying by souiheril iii- "II l $1533.15"iifiitl? “v-Oolcnbuug "I mi r "engi o I ‘ i uaxulllllllio l"“"'~ lll-l-lullilnll forecast a better demand " ~' I My .. . " Z31"? l‘.ill"'l5i...'l'.l“llfi§‘l‘ l"l‘|.'l';‘-' 111 ‘iii? _,' ‘, ,_‘ I _ A 3 .~, -. " l‘l||l"l‘.- in llle lllvllllillllt‘, ilivl-r- has“? cffl}, y)“ 18%: lllél 13 +1 glillillluinilldulleiik .. plnll \\'lll‘ill l'lil|il'l\$ were Sytlill)’ but .» ‘ . _ _ k» '- _ '. " lil>l u llllli‘ grlluilll in the inni hour l}; ‘foam-- lgn 12m ma. new v. §§‘,,“,||-‘,',§,,.'§§:;‘l" -- “l... ma... ........l t0 .. l.l.-l..-. level. 15mg“, - l_.;m0“0|lh,,,er"‘ ill-lllllilll fur <~ wheat was indif- ‘Im ‘u, V1 - - I’ " for lll iviill sp llilhl generally un- Lopws he lllwuwl. (‘ll _ griilll l||ll‘l"‘\i IF“, m! l-llllillli-li ill n llllli‘ rye \\'i)l'l\'t'll for rn-ic Till 1- 1“"" ‘ll Trll k . . . “is irlllll . """‘“ a: glilflfllarrl" 1,,“ ‘\'l*'.*iiYI—-ll(‘(f. Ilfl; May 617;: July u?" rsz-Dce. son; nay 32ml; Jlliy F) Imll.‘ ,:-~llcr. iilll; .\l:iy 41%; July hilt I‘ llt w" N Y ("ll visit PPICFB N Piiflflii . ' ' ‘ ‘ - , Pa” G Elm \\'heni—.\'<l. l hard 00' no 1 nor Par Pub .. m. acne __ n - 2 nor; 50;, no. 3 ilnr. 51%; no. -~ 390's,“ Bu“, _ no. ll 43,41, no, 0 40m: food juiuysxlvnnlle n 1 ilurum 77; ..

, “i: ' ; no. fl (7. W. fillllliohtj)" ’ fwd W "o; 2 n x o _ ‘ ' ‘ Igsilklrfl] ... __ _ _

0c ,9 - N.3C.\V. 0; . ller llutcil y‘ t l? no? s C. w. s04; no. o Esta Stores 4. 1y, q; 3,. _

oebuck +3 film: ‘Fora ~ a’ l . vi‘ (‘\‘ mm Co mi Mam V; .'l::::,.l\‘i..l‘lil n .<.n S Pacific _ _ -, _ ., ' i‘ilii‘.\fiil, lil., Dre, fill-i‘ 1 l]. Qouth Rail I . K 8 l-lllfi ‘MHLM in: ill realize pruflis nu ill-‘ivmsmbullhes S Brands . l2 I120’, 12 12ll||+ ‘l’; fllipspwrq“ It'll to le setbacks in grain values S G Eire . "TIMI 32% 20% ‘lill/‘I-i- 1/; "Hq l.‘ l ‘ _\'l‘F'i‘l‘(lI (‘rlilsiilvrnbli- spreading be. S 0 of (‘I'll 20%| 27 "$04.1 2000+ ‘ti: lcllllllfillllylylor , tween \ nnipei; nnll (‘ilk-ago was also zhgmgfilh J‘ 22 | 291;, "354; 0314mm‘; “Ky ' Tlglflili‘: ul-ayq in wheat ll\.-_nl ailyunlfoiitllillf . - _.. . l- |“|'. \l's v irliifi lll . l-w m" u in" itgrlflgbaiiigr i!‘ l |- l}; gilziiuillliiiiiliq\\'i‘l‘il likewise stressed by '1 ll‘! .- - i.‘ .11 \\'lir‘nt -i ."-l - <, l’-l-'|~’ i-

lin R B 1D l ll) I 13%| l9 i}; _\'(‘Sll_'i'llil)"'i-l“lilllftllf‘rl‘lllfh 12-18 U C (‘nrb 31 311/ .'ii ~ nuts n1 -l|.'ii1;~i t l’ ii‘, i d ~1- ll’ Pacific 80 8i I 79%} nil/plane», sinus Vllllllfillilfflllfll L‘ ljiglliS lilccliniirzrtcl Unit Ari . 12%| 12y, 1i~'l’,l 1‘.‘l,3|-|- 1/, an equal lli|\'lllll‘(‘. llnit Corp 23%| 0 RV,,| 3743+ y,

ll G Imp . 18%| 18%| 1Rl4| 1RI/,'i.;. 2,7, _ u s I Ail-n 2am 2am: ‘ 12s i4- 1,1, l; if A100 . 14| 291/, 2 1m .4. l2, l ' Rub 4%‘ 4V1 ll/al ‘ll/rli" 74 "l00'\l;:on ' ' ' ' ' . . quill .. .. guns gm»: l5? a.“ 313w 3.2V? ",N,,(,",,,._,,Wi_,f,k __ __ Open Administration . _ ,l‘uu ( r .. . ' ‘y... scl. , I ,,_ ,,,,,,,,.,,,,,,, For New General ll es Union ill-d‘ 401.; 45%| 4515,4414 "m" "m" l,‘ ‘l welt Elcc 201M300, 20%| eel/w u. "l ' ' '—_'—"‘ ill-Over - - 1r l | ‘+14. " MUKDEN, Marloiluria, 13cc. 19- wlllli C0 .. 40-11;! 40y, ioi-fi. 4014+ u. ' worn. p _ ma“ 30% 19 ‘m _1% I M] _<t - (APJ-Japnnesc aeroplanes drop- ]0.'lill|‘i’0t llllfll .'. pod 26 bombs in the vicinity oi i"‘ rfilirlll. ' .. .. ,

F o E h zlrnniulql-‘ilfll- .. .. . ‘Pungliao, Wednesday, killing two

~ 2on0 sllli .\llll(‘.‘l . . Chin s cl ill nd woun l -

- orelgn x" ange ionaivilne Lake .. | on c e v ans a dug an

nether, authoritative reports said today. Japanese headquarters sai they had no record of the incident.

The United States military at- tache at Peiplng came back today from Chinchow after B, survey of three weeks and said he had seen nothing to bear out; charges that Chinese regulars were concentrating in the vicinity of Japanese posit- ions on tlic Peiplng-Mukden rall- way,

Reports 0i‘ scattered fighting be- tivceii Japanese and bandits con- iinucd to drift in. The most im- portant skirmish took place 35 mil- es south of Changchun where a. Japanese battalion came to grips with a force of gucrlllzus which had looted the village oi Ilvvnltch.

General Tsang Slllll-Yl, newly in- stalled Governor of Fcngticn Prov- ince. in a statement to th-g press. pledged himself to follow public opinion and conduct an open ad- ministration instead of the "scrrecy prevailing formerly in public af- fri. s."

Mme. De Denur Is Honored

WINNTPEG, Dec. ill-As a re- cognition of her work among French-Canadians dining her 24 ycars’ residence in \Vilinlpc_i!, Ma- dame Roland Dc Dcnur 21s Sun- ‘day invested with ihp (alder of Of- ficer lTAcademie mi brlllii of the- Frcnch Government.

Sllliiiiilllii

MONTREAL, Que" Doc. 20—On Sat- urliay lllo ling, the local market ben- efiiled I i substiiiltlal upturn iii New ' ll il-e Yunilll. that the uiudcr- nie i|u|lrllvl~|li<=|lt in tune, first iloteil inwards iin: close l-‘rillay, was muin- iiliiled. Net gains bad a iiubstuiltiill margin over losses, and, whut was recorded a

, would have been much llle hail ilicre not devel- llpeii a i= the l-lllsr- Pills pilnsc also was of New York origin, where late profit-taking substantially reduced earlier gains. Locally, leading issues either held about steady at the close or recorded small iii-t ilpprel-laiions. Sniolters, which rose to 75, closed ‘ii/y net high- er ilt 725; Cililaliian Pacific, which tom-lied ill, south-ll i0 ‘close UIlPhflllR-

(‘ll lrt l.’ .\ll-kl-l closed uni-hanged

nr ll). iii its high tit 10%. Col-ksliiiti‘ gained it point lo 5%. Sales ililillllril

0,000 shares. about the same us the

preceding Saturday. The close was

quiet.

Weakness in the five pcr cent first mllrizillgl- glllll blinds of the Abltlili l'l!\\'t‘l‘ and 'i'iiper Company has been or . of I14! features of the linnll dl\'l- siiln on illo ioi-ul. lunrket recently. 'l‘iic hzirli of the your,‘ the opening level, was 7N, recorded on January i2. Since wLcil Hi4‘ price has sugged by degrees l-ll the lt->lit".‘~l comparatively‘ few ap- iii s, until on Saturday, it Hold‘ ill-t loss of 3% llli tilc iiuy, points since November iilitl ui‘ ‘l: points since the year's iiiltiul sales is presently outstanding $0 - iamaloil, of an authorized issue of 5w. (M01100. the former less an amount of $845,000, retired tbruogb sinking fund