JUNE 29. 1931

‘EYES TERDA Y’S srocx AND Bolvb QUO TA T10

. ._..........._.....- Amn-Qfl-nanimlrmltmfla

Market

s .— 1;.‘ - - .-. _¢'—

. 51% n;- a..-.a.r h: 1::-

MONTREAL

ooo‘ ... ...

1111mm aliiortlrParific Grain Asbestos ... .. Hank of Montreal . liimk of Nova Scot lieil ‘Telephone ... Brazilian -

llritlsh American Oil ... . 12% British Columbia Power ...- ... 381A, llailding Products ... . . . . . . . .. thnada Cement . . ...

da Malting ~ . . . . .. IJIIHIIIIIIII Power and Paper (‘auudlun Bank of (Iomruerce Panudlan Bronzc . . Panarlion Cor and Foundry .. (‘nuadiun Industrial Alcohol (‘onsolidatetl Smelters Iioinlnion Bridge .. Dominion Tar and Chemical Famous Players Fraser Cos. . . . . . . . .. ileueral Steel Wares .. Ilnlne . . . . . . . . . . International Nickel international Petroleum Imperial Oil . Iiassey Harris .\le(‘oll Frontenac Montreal L; II. ll National Breweries National Steel Cur Nnrantla ... lanver Corporation . Price Brothers ... .. . (Juehee Power ... ... ... .. .. Itoyal liunk ... ... ... . lihaivinigan Simon and Sons Nteel oi‘ Pauadn Steel of Canada Pfd \l'iunipeg Electric ..

‘NEW YORK

Ailezhany . . . . .. ... ... Alueriean Can . Auneonda IIPIIIHX Aviation .. Canadian Pacific (‘hrysler . . . . . . . . . . (‘tmsolirlnted l-‘lim lml. . t‘n|tsnll1l:lte1l Gas .. (‘nmlnerclili Solvents .. lmtnlvilon Stores

l-‘nx Flllns . (ienerui Asphalt . tiouerai Motors . Goodyear .. itllorlllltlfllllli Ilrdro Electric lnternniioiial Harvester .. Kenneeott (‘opner . . . . .. ... ilnntkonler)’ Ward Niagara lludsovt Power Paramount l‘1|l1llx . . Pealek and Ford I'm-r and Co. B Radio . . . . .. Fears Roehurb =ttnulnrrl Oil of .\ sterling Securities A . . . . .. Studebaker l‘. S, Steel

Vamnlluin , Pillow Truck . .. ... 0% Cali Money 11m,

ACTIVE BOND PRICES CORPORATION SECFRITIES:

Ahitllil 5 107i‘! 51,75

_Z-I%Z-IZ%PZ%ZH%3€H€H

Reports

T By STEWART JONES & C0. ChfiIOIIBIOWII "I Correspondents of Greenqhields & Co, Montreal "

Cain o... 1114 1011 01.00 Can Steam ... 6 10-11. 57.75 ‘H? It ' " 2"’ ti‘; 11.11% Gut Pow .11 5 111511 001m Mon C iii Co 51/, 1017 102.00 Mont Pow .. 5 1051 101.76 .\i0nt Pow ti 1070 105.00 Mont Tram . ii 1011 100.75 lgont PTHIID . g IDLQ ue ow ... t 01.- Shawlniiran 41/; 1070 07/‘5 Shawinlgan . 5 1070 104.25 l.'uit Scour 51,-’, 1032 00.00 100.25

DOMINION 0F CANADA GUARANTEED BONDS

o N n . . 41/, . c N n . . ~11; . c N 1t . . 411. . c N It . . 41/, . c N It . . w, :. c N it . . r. . o N n . . r. .. o N a . . r. .. ,. e N a .. s 1010 100.50 101.110 110m n c rs 1000 100.50 101.50

DOMINION 0F CANADA BONDS (T.\ EYIWIPT ISSUES)

00.15 100.70

fine 0etl.1ii.’ll 1

F1“.- llc Novtlaaa 1111.10 101.10 r .\la1-1,10:z1 _ 51,-‘; pc ..

1101: 1, 1937 (TAXABLE 185F115)

.. , . Nov 1, 1513'.‘ 102.50 , , Nov l, ‘litfit 101 ' Sept l. Iii-ill 101 0111111143 101i (let l5, 10H 101. 5

101.11.’. 00.10

ISSUES)

.. l~‘ei>l,ll)ili ... 0111,1930

(1031 CONVERSION

4'-'.»11e . . N0v1_101a-:10 102.05

4'1.» pr . Nov 1,1011~a1 ' - nizso W; 0e . Nor 1, tins-as 1111,50 41.11111 No\'1,l0l0-.’>5 101.15 101.10

animal-rt‘ nnvlmv r01: JUNE :1, 1931

(‘anada Northern Power Corporation,

a sn ~lIt]|ilI‘_\‘ of Power Porporation

(‘um reports another sulisttinliai int-r se in ‘net earnings for lilay as eoml red \\’l||l May 0i‘ 111110. Gross

e rnings for the month increased $10,- While operating; expenses shoivetl rt tier-roast» of nth-WE. trivial! an inermise in net for the month of 511.221. The ineretise iu net earnings for the fir.»

with the corresponding five months of

lust year. .

it. is interesting tn note that rev. oral oi‘ the important gold mines syn-ed 11y Canada Northern Power iorporntitin are adding to their mill. in: faelllties. and this flu-tor should i'.\t‘l‘t.'|§t"il favorable iiearini: on the ('1\lll|>ll|i_\'rl earning position during the coming your.

Ilross earnings of Ilritish (‘olumhia Power (‘orportitiotn an affiliated emu- punl‘ of Power Corporation. far the month \1 ' totalled $1,150,730 as airainst $1 2 for .\1n_v lillili. N rfo the m

. after expenses iiond Interest and

and preferred dividends

ma 1101'. . a 10.11 10112.1 “V” $1m'°““ 1"“ "lfnlnst 51-‘11011. 1m

n (1 11"“. u 51A 1mm mum 1 increase of $111,181 over the corres-

1; C 111M ___ 5 mm) “m” pending month of last year. M Malpeque on Thursday and on his

~ i /

In the passing of Miss Christiana Dwen, this community loses a mem- acr of an old and highly respected fnmiy and a. very kind and hos- Jlllllllc lady. ,

Mss Owcn was the daughter 1f the late Mr. and Mrs. John Owen-still kindly remembered by the older ‘follc-‘The deceased liv- ed in Boston for a. number of years but over two years ago she‘return- cd to her home. To those who visi- ted her she gave of her best and her welcome was always warm 8nd sincere. Miss Owen had the privi- lege of enjoying many birthdays- eighty-three anniversaries and '02‘ lain years these were invariably remembered by her friends, and their vLsits to her on these occas- ions wcre always a source of real Joy to her. She was a member of Princetown Church and later of Keir Memorial Church. Miss Owen is survived by one sister, Mrs. Silli- rcr of Somerville, Mass, two broth- trs, Messrs Walter and Robert: two nephews, Arthur and Alfred ilso reside in the home; to all 0!

these the many relatives and iricnds will extend sincere sym- Dathy.

A short service on Friday ailer- noon will be held in the home M: hail past. one and in the Keir Memorial Church at two o'clock.

Mrs. William Cousins, Baltic is receiving a glad welwme on he!‘ return from an extended vacation in California where she visited her brother Mr. J. D. MocKay. On her howeward way she was the guest. for some time with Miss Marion Sutherland, Ontario.

Mrs. Stanford Gay, Summer-side is the guest o: Mrs. .1. '1'. MacKBY 59B View. u,"

Messrs Albert and Warren En- man of Vernon and Mrs. Frank Lee 0t Vernon River motored to Hamil- ton on Wednesday June 24, and were guests of Mrs. J. K. Mac- Gougan.

The Rev..J. M. Murchison of 51- lohn, u, 3. made g, short visit W

innit l

-@

return was accompanied by Mr. Hartwell Cmzier, Baltic who will resume work as colperteur in con- nection with the Bible Society,

lvlrs. Mott Stewart has returned from Montreal and is now at her home in Darnley. Mrs. Stewart's many friends are glad that sha has so far recovered from her recent operation.

Friends oi’ Mr. William Ramsay, Baltic are sorry to hear that he is ill and sincerely hope that he many soon be able to be about his duties.

hlrsfJames Donald and Mr. Ev- crett Donald motored to Alberton on Thursday.

Rev. E. M. and Mrs. Aitken, Mrs. J. A. Campbell, Malpcque, Mrs. How ard Ramsay, Hamilton and Mrs. Colin Donald, Sea View motored to Cornwall on Thursday and was in attendance at the Mission- ary Rally.

Mrs. Harry Hodgson has as her guest on Wednesday, Mr. and Mrs. George Gardnler and Mr. T. Morris of Charlottetown.--M.

IVEANING THE LITTER

Natural weaning gives best re- sults with a litter of young pigs. and to obtain this, feed suitable for young pigs should be provided in the creep. A good mixture for the purpose is a half and half,combin- aticn of middlings and finely ground oats from which the hulls have been sifted. Young pigs will start to nibble at the feed at about two to four weeks of age, and by the sixth or seventh week should be eating quite freely. Under such a ,1'0C8d1I shock incidental to more abrupt methods is overcome and weaning develops as a natural ev- enh-Psmphlet 13b 11.8., Dept. oi Agriculture, Ottawa.

"What a lot of friends we lose through their borrowing money from us."

"Yes, it's touch and go with molt of them."

Stewart Jones 8e Co. A t. ‘ Correspondents of ' Greenahieldsflr Co.

Members o! flu Montreal Stock Exchmm

l8 Grout/Gum 89-, fiurloffcloun

o 1mg, March 28, Hon. Peter Sinclair

of|

motitlis [vol-ind is Silk-Hill as r-ompnrmp

11¢ 1

-. W .-.~. ..-.-\

. Special

2H

(Special-to Johnston l Ward) NEW YORK, Juno l7—ludlcltlonl thut tho French Government and Washington had arrived at virtually complete accord ou the debt plan pro- vldcd tho mululfuy for yesterday‘: market which, however. was not un- supported by rumors tending to In- lplrc stocks to higher prices. Promin- cnt among Ihoac rumor: wan one that the‘ I. C. 0. proposed grunting the rullroutls lmmclllutely ous half of the I5 per cent Increase sought, eaunlnl n sharp upward movement In the Icad- lng curricrl Ihurcu. Thll rumor wan discredited Inter by the commission but the rolls managed to head tho bulk of their gulnn nevertheless. » At its hlgh for tho day of 159.50 tho Dow Jones Industrial uvcrugc failed to match the point of 150.33 renrhnd. the preceding day which wu the lave-II at which resistance on tho upside wulu mot during the second week of May. This fact and the smaller volume yen- tcrday might be tu-kch no an Indies.-

orning stock Letter Wall Street. Mirror Says:- ‘°"'”‘ f’

~

rat: (ZHARLOTTETOWNfIIlARIWAN

1 >r-1--~0- e“-

tioh that tho udvunuo 1| halted for the limo helng although the chug: In sentiment llncu liIuy 0th feuds to leu- leu tho value of that peak ul a gulilc-

IVALL STREET MIRIIOB:—-

The stock market ls not through yet on the upside. It has been moving ahead now for u week and the appetite for stock shawl! no algal of hclng up- pcaled. New favorites are ltcudlly he- Ing brought to the front. This In lt- aelf shows that the “powers that be" urn In no mood for a reaction. 0n sev- crul occasions It appeared utl if the list had flattened out and that u sharp break wun clone ut. hund but such oe-

wnrd movements In the rulln or the secondary lnaucu. (‘arrlersmharc and lhc no-eallrtl secondary Issues fur- nished the bulk of the trading In the lrutt hour on Friday and It la reason- ublc to muoumc that profit taking wan making its ullncnrnnre In the lcudern under cover of this strength.

Speech on Budget In Legislature byHon.P.Sinclair

Mi

Speaking in the budget debate in the Legislature on Tuesday even-

‘eztended his compliments t1 tile Speaker on his appointment. Hc regretted the illness of Hon Messrs McDonald and Scully and ex- ipzessed sympathy to those meat-ions fuho had suffered bereavements. ‘PBfBIOIIKP: vw, also rtade t»: the appointment of His Honour Lwut- enant Goveri or Dalton; the elevat- ion to the Bench of Mr. Ju_- cc ysaunders and the appointment 0t‘ [Premier Lea. to the leadership of 'the Government.

Dealing with the finances Mr. Sinclair compared the Liberal and Conservative administrations. In three years, he salcl, the Stewart! Government had deficits of about $46,000. '

the present Government, he fig- ured, there was a total surplus of $388,000. Any Government that‘. would make such a good record as this should not be condemned by the people.

The reduction in taxes which the Conservatives made almost amount- ed. to the increased subsidy they re- ceived from Ottawa.

The increase of liabilities of $750,- 000 under the Saunders-Lea Gov- ernment, the speaker claimed, are taken in capital expenditure which was $875,000 altogether. Everyvggl;

be accounted for. They need not have been made if the Government had neglected the public works as the Conservatives did, Mr. Sinclair ad-

In three corresponding years under i‘,

The; Montreal Curb Market

(Special to Jllllnulnli A"

Ward) ifllfkfl I A ‘ UllFl'||II|l§|l|IAJ\\'| Last tn-tuhnrno s . IiI/ i British Alli (Ill . l2 : 121"’, 12 12 (‘utnulit iialt . .. 1il llo Eng '0rks . 18 ~ East Dairies . ..| 2| Home llil .. ... ' I10 F5 (l0 imperial on . .. 10:11:11.1 ':11/_,i 1:114. imp 'l‘oliaeeo | 9% int Petroleum .. . | {at militias A m nt l'tl it es B Nnrantln .. .. .. Ell/I 211- 21 211/ ' f! 1 ( t a. l‘ n.»- ltl ison'| X’ 1110' Niscoe . .. ...|~17 I50 I47 50

Dominion Of

Canada Bonds

(Special to Johnston k Ward) B111 As

horn | moat-i

l‘ ‘i 17.40

ked War Loan ...|5 War Luau . -" \'l<-lor_v Loan

Victory Loan. tiU| -, . \'i1.-t0r_v Lutill |ll ‘i")|l‘ll.iiU item-uni . . , 103211 ltcfunditlg lmita10|101.15i,101.00 llernudiul! .. .|5 .113 iii. Ilium?» lloiltiutliiil: . . .||%|liii-||lii2.05|102.1J ltefttntlitig .. .|1|,g|1liIll|10;.'. |

4'10 101.20

MAKE sums or 7111111111111 11v GOVERNMENT ouanas

There could be no more exacting test of the real value of government grading than that applied by the catering service of the Canadian Pacific Steamship Supply Service. Catering to the most exacting de- mands of the highly discriminating travelling public is no easy Job, but F. C. I-icssler, Catering Superin- tendent, is unstinted in his praise of

m. of these expenditures could an mavsnla and convenience afforded

by official government grades for quality which now apply to a wide range of products. -‘.»‘We\ buy only ‘red brand-Choice’ beef for our

ded.

Road expenditure in the 1st Dis- trict of Queens was dealt with by the speaker. The expenditure for public works in that district for the three years 1028-29-30 was $53,000, The Conservatives, he claimed, had |neglected the district under their regime. '

Mr. Sinclair explained an error in a statement entered in the Pub- lic Accounts under the Bell Gov- ernment to which Mr. Arseuault had referred. The correction subse- quently made, showed an even bet- ter financial condition. Last Year ‘the butter manufactured in the Province, according to the agricul- tural report, was 1,171,579 pounds. at a value of $579,005, the aver- age prlce being 31.33 cents. “We all re member the howl raised about New Zealaud butter coming in," he said. “Today butter dropped in Mon treal 2 cents a pound and cheese is worth 10 1-2 to 11 cents." If this was under the policy of the Ben- nett Government what would the result bo in two yea-rs?

Mr. Sinclair continued at me length to discuss federal pol tics, claiming that as the tariff con- cerned the Province, Legislative members should not be criticised for dealing with it.

Live stock raising, he said, had been encouraged by the lea Gov- ernment. The education of young people in regard to live stock Judg- ing and the rural fairs, has done much to encourage them in these activities.

The development of public health activities was referred to. The Wo- men's Institutes were congratulated on the stand they took in regard to a. " ‘ "tum and the campaign they waged -in_that connection. Much has been said about the Dal- ton sanstorium, but thosethings should be forgotten and our pso- pia should g0 shoulder to shoulder ‘keeping up the public health. which would be a batter policy than bringing emigrants to tho Prov- ince. - -

A great many girls any "No" at first; but, like the photographer, they know how to rctouch their 1c; . , , _

ships,’ he states, "and in the sanit- way only ‘fresh extras’ eggs; the ‘milk-fed’ grades “Special" and “A" in poultry; “No. 1 Pasteurized" in butter; and in issuing calls for ten- ders for supplies of canned goods from Canadian manufacturers we specify the oificial government grades ‘Fancy’ and ‘Choice.’ These gwades not only ensure reliable qual- ity, but their use proves a real aid in buying suppllesP-Dept. of Agri- culture, Ottawa.

2,000 GIRLS HIS PARTNERS

BERLIN, June 24.—(U.P.)—In es- tablishing a new world record for non-stop dancing of eight days and eight hours here. Alfredo Fernando used 2,000 girls as partners.

Commercial: "If a man has an income of two millions a. yezr, what is his principal?"

Cynic: "A man with such an in- come usually has no principle."

i1

YOUR Glillli

liot Stupid- Handicapped

The seeming stupidity of many school children, is 111F911"! chargeable to faulty vision,

Correctly 011011118888! often work wonders.

N07!

0. F. HUTGIIESOII

F. Gordon l-lutchesou

Optometrists-At your ‘ service.

Have your child's eyes examined

' iemmim- wit" 1'

currunroli Imvo been bridged by for- C

New York I Exchange

(Special to Johnston I Ward)

Opeulflighlhow LalLNtCh Air Reduc 8816118936 88% 801i+19i Alleg Corp 8% 9t Al Chem ..l130°/1|l83%|l20%183 +1 Al-Chal . . 26% + 1‘ Am Can ..|1111,~';|114% 111% 1.13% +11A Am F Pow 37%| 38% 30%| 38% + 9i, Am Loco 21%| 21%| 21y, 2114 + ‘h Am B e . 0 40 i 40 40% -|- V; Anl '1‘ Tel 181% 1841/; 180% 1841/; +3 fizlamCop “udlyxly 2 ‘311/4 32 I! S011 n .5 V Aub Auto .|1iI-I |100$§|I031A|1935§ +1. Bald Loco 10-7,‘ l + $6 Bait Ohio 601/4 07M M 07% - V; Bend Av ‘zilaizat-i 21% 2'2, +14. Beth Steel 511M537; 611/; 531’; +21% Iirisgs . 111' I I —- ‘A Byers .. 1% 38% 305/1 381/1-1-319 D 4414144141 44%| 44% ——- C Pacific 28%| | - 94 (‘hens Ohio 38%| 30%| 38%| 30% —11/4 Chrys lilo . 22%| 22%| 22%| 221/; -— K Coco Cola .|14(l1/,| | ’ - (‘ons Gas . 00114100141 001K, 100 — K (‘out (‘an . 51%| 55 Ill-KM‘ 55 +1114; (‘orn Pro . 74%| 75% 7111/4 7590+ All n. Dupont . 001/1! 02%| 001m 021/, +114. Elec I’ L! 44 I441/QI4-I I 44% — '44 Erie 201,4] I I — 5i, Fox Film . 21%| 22% 21%| 22% -|- 1Q Free rTei I Sill/HI .0“, 201/4: 315% +1.“ Gen aloe 4-11,; 40 44% + Gen Fonds 40 | — Gen Mo ...| 2iii1§| 40 | 3D t 40 -|~ 5| Ha" i‘ :1.‘1%||401XI'4'1/i 401N111? ous .1 ,_. _, a J _» , lllid M0 . | 10%| 10%| 10%| IGMH- 1A int IIarv 4191M 48%| 48%| ABMH- ‘it: int Nickle 1C I I H- 1,141 ‘ . 1 . If. .." 1 .’.'Ai..£°‘n'...; t M! 21111303011‘, fen 17ml ‘..|| “45|’.|I--i-'\Ql‘l11\4.|+ 1/, (rent: 'l‘nl 23% 23% ‘ZZZHQH- 11in Lam Co ..l | I i |+ 1K1 LIE .\I_\' B .| R1 | 7il-'V,| 80V¢|+ V: Loews lac I . . 47%| 4.114,! 4mi+ 9;, n-w an; . . ’ I | |_ \[ Truck it] l- M. .\l K Tex .i s | |_ 1,5 .\i Pacific .I . ., _ 1!. . 1414.114 lion \Vard l _:' a -'v,|+ u, Nash M0 .. _ -_ fifliiid-l- 0,4 flat ills I ~11 i- :1“ f? Ree,‘ 28%| 27%| 2R1.’,l- it. l) Pro 3115.1 .'l'l‘".-l 0110i 1 Nntvl- 1.: '10 I amt await 1,1, ' (‘eat 0111M ii7 | 081/- - \ Am o.» Till-i 11.111 31I| 111 pnflk M X.‘ .1 7 ald- 11 l1 - l"|r Puh . gong] 373,’, 1:14 +114 Pen Ford I 1 _ 1 gen: Ital] 51%| 51%| filldi-‘é . o . - 97%| 8114i 871i 1711111‘ l‘? 4014i 4p i 4014if ‘a far o p . 2111.1 21111-121141 l R K0 16%| 1716i 101.1! llililf I: Rem Rand 1114i 1114' llli/til-i- ‘i

i 111/,i Pen I R ..i1n tiraqt 10 117mg“, llov nlllflh I new 0.114.! new 021414- 1/, sim- Stores I51 lav I51 i an |_ F ltoehuek | 5911i! 50%| SUN fillil§l_

Sim t‘ ...| 11W in 11F» t 1111/1

i Pncfiic .131.“ MI m‘ ‘t M‘

South Rail i 4015' 40%| 40 l 10l§rl~ Ilrnerls .1 1”“ I I i

S I‘. Eli-e ,1 FQMI 11ml 11.411! 101/.l-i- 1/. S (Tot (‘a1 1R0 I 3014130 I 30141.1. n,‘ S O ofNll 1511.21 1814i 1R |1Rl/,]_ 5 0 ofNYi IRII-i 1R1l_-| 18 i 18%|- 9 “Garner .I 17:11.11 | | __ Studebaker I 1.'\ I 9n I 1'1 I 20 14-1 Texas (‘o .i ""1’.1 "'11! 911,41 gm,