IIQPRIIJ I0. 1929i ' I“

Alter Buying Your New Car , :1 l ' ~

1*“; Whether you buy a new car or run the old bus an- otheghygear call on us for expert lubricating service and

I Jenkins Service a Station- GAS l We stock for-our customers. OILS . flontior, Ethyl, Premier. Mobile, Marvelube, Oastrol

"port's tar THAT woniiir YOU"

For General Repairs

=4_<.=.»s a»_. .

. caucus MeEACHERN a c0. l ' ‘Machinist _ I Pownal Street,

Charlottetown, P. E. Island. _

"Majestic? Motor Oils

Your car deserves the very best, especially in motor fuel and oil, that you can give it. Treat it to the best and it will respond with its a very utmostin performance. A - " ~

There iswno finer lubrication than the kind delivered by “MAJESTIC” Motor Oil. “MAJESTIC” NEVER fails. e ' I .-

EVERY time.

w. u. AITKEN& co. 011 IMPORTERS i

Ask your Service Station for ‘ “MAJESTIC” ‘

‘one of our __ GUARANTEED BATTERIES '1

$8 They keep a motor up to its full strength and speed.

Palmer-Watson Electrical Co. Electrically at Your Servici-

Oorner Kent and Great George Streets. p50“ 5g P. 0.‘ Box 503 .

MONITOR GASOLINE

h strata from PENNSYLVANIABRUDE o the highest grade oil in the world and is MEX- illiLLiilifor 0111111111 11111101011110.1101 will ‘fipiiit 11h 1m and most slusncionv 61180- ililliliyoo have ever used for all seasons of the ,""r»er=' ~ 1 , ' ' 1 .

chameleon. 1». n1.

We Repair Everything Electrical on Your Cars,

‘ R rfil Your old bus will whisz along under the stimulus of

Stock Quotations

_ HALIFAX. April B. Quotations furnished Members Montreal Stock Exchange.

NEW YORK EXCHANGE

At Top a Santa Fe Ry “19616 Am Can Co ..126 Am Car dz Fdy Co ... ... 00 Am Locomotive Co ..l16'.-'.» Am Smelt 6s Re Co ... 00103518

Am Bos'ch Mag Co ... ... .. 52!’. An Cop Min Co ... ..l40

N Y Cen 6s Hud Rv R. R .. I~18‘1|i Con Gas C0 (N Y) M10071. I-Iud Motor Car Co ... ... .. 851-’.- Inter Paper Co .. 53%

Standard Oil of N J ..... ... 561-’.- Reading Co M10401 Southern Pacific ... ... ..l26 U S In Alcohol Co ... ...143 Westinghouse Elec ...14a~i1 United States Steel ..l83~'.*i

MONTREAL srocx ‘nigcnaivon

Abitibi ".3904. Let-B E Steel 1st Pfd 7 In Alcohol ... ...34‘.é Miss Kan d: Texas Ry ....475 Montreal Power 100 National Breweries ... N132‘ Steel-Co Can Com .... 54 Winnipeg Elec ...» 791-’.- Brompton ... ... ... . 41 Brazilian Ttraction 577i

Shawinigan ... ... .. 73 Can Steam Co T.. 44 Dominion Bridge ... ..... 961i Massey Harris ... 6'1

Asbestos

as a not Ono ... .-

Bullding Products .. .. 35 Fraser and Co ... ... ... 60 Chas Curd sea Power Corporation ... .... 98 Can Pac Ry . . . . .. ... ..232'L- _ British America Oil ... ... 47“; Imperial 011 ...1o"1

BANKS

. ... ... ".340

... ... .

Bank Commerce . Bank Royal

Bank Montreal ..*. ... Bank Nova Scotla

WHEAT May ... ... ...12l'.-'t July ... ..._... ... "...l25 Sept ... .... ... ..127-h’. _CORN May .. 92% July .. 96% Sept .. 971.1’. OATS May .. 491.4 July"... ... -... ... .. .. 46% Sept .. 44% WHEAT May ... ... ...l25 July ... ... ... ,..12'l Oct ..127 LECTURE BY SIR. CHAS DALTON

—Cont1nued from page l-- and a tender came out to take any passengers going ashore or to bring others on who were to land at Liver- pool or elsewhere.

It was at Queenstown that we had intended to land to see Kllai-ney and other places in Ireland where our ancestors came from but to our re- gret circumstances made it impos- sible. We steamed along up the Irish Sea which was as calm as a clock and arrived at Liverpool at 5.30 p. m. Before leaving the ship we had to comply with the custom of giving tips to the attendants. on board ship which gave our treasury (a sct back to some extent.

Liverpool is a city of 800,000 popu- lation but not a very great many 1n- teresting sights to sce nor many great buildings. It has the largest docks in the world which are eight miles long. It is situated on the river Mersey which flows into the Irish seal Thrnext momingwe decided to start for London as we found that there was not much of interest to be seen in Liverpool. After we left Liv- erpool we passed by miles of brick buildings, the homes of the labour- ing class.-'-low, one story affairs and in rows about l5 ft. apart; hundreds

530376126133 Always Ended In Bronchitis

Mrs. John Wilson, IQB-Mamelonfit», Inndon, Ont. writesr-"I have always rpublsd with severe colds which always ended in bronchitis, but since hiring

Dr. Wood's Norway Pine irrun

I have no fear of this trouble, as it acted like magic, andtbe desire to cough ‘iheoootbing feeling

bronchial tubes il

21;. derful. band came borne Lit]: a Inez milk“ Qatar's few doses

Prloallo. - Oiiaatalldrugisttkiamlflmd“

by Johnston and Ward '

{HIE ClflARLOTFETOWN GUARDIAN.

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<5‘ them. As it was getting dark we could not sce any of the landscape. VISITING LONDON

We a1'ri'.'cd in London the evening of February 22nd after a. ride of about icucand one half hours, In the morning we started out sight- seeing and had a guide show us around Buckingham Palace and gave us a history of all the crownheads and their pedigree. Altogether the

' Royal Buildings cover about 50 acres

and the history was very interesting. London i5 a clay of fog but it was not as dense as we expected; and with a population of about 7,000,000. In the afternoon we had the pleas- ure of culling at the fur house of C. M. Lampson d: Co. This is the lnrgcst fur sales house in the world and where most of the silver fox breeders of ‘this Province send their skins to be sold by public auction. We ivcre one day too late‘ for the

1 sales but we saw the collection of

furs. that had been sold the day pre- vious as the purchasers had not yet taken delivery. In one room we saw over 9,000 silver fox skins hanging up 1n lots as they were when sold. Mr. Lampson was delighted to see me as the originator of the fox breeding industry and showed us all through the institution. We saw all the different fur ‘skins from all the countries of the world which was most interesting.

We also called to the Canadian Office where we were given a hearty welcome. This office is kept! by the Canadian Government and looks after every branch of industry ap- pertaining to Canada. It is a beautL- iul and well equipped building in a. very prominent part of London. We were given tickets of admittance to Parliament for seals in the gallery. I was to get an introduction to Pre- mier Baldwin but found later that he would not be in the House that afiemooii.

We paid a visit to the old London Tower and saw all the implements of torture of the old days. of the kings and queens of England, such as the chopping block to take the head ofl.’ and other appliances of torture to extract confessions which sometimes were given when inno- cent in order that they may become martyrs. We had a splendid view of tho crown jewels of England. In l1 horizontal barred cage we saw the largest diamond 1n the world, about the sizo of a large hen egg. cut so brilliantly that you could dcarcely look at it. They were guarded by two soldiers relieved every two hours day mid night, It ls impolsible to esti- mnle the value of those treasures serving no useful purpose.

St. Pauls Cathedral is well worth seeing. In the church is buried many of tho noted heroes such as Nelson, Wellington. etc. The burial tombs or‘ most of thcm were right under the sanctuary with inscriptions on the stone flags on the floor. The names of those notables would re- mind an observer this great struct- ure was erected before the reforma- tion and before Henry VIII.

Westminster Abbey is well worth noting. ‘This famous Church called "Abbey" because up to the time of Henry VIII 1t was a Benedictine Monastery. presided over by an Ab- bot. It is situated near the River Thames adjoining the House of Par- linment.

In 1005'the Church was built on this site in the Norman style by Ed- ward the Confessor, but, the main building as it nowstands was begun in 1220 by Henry III and was prac- tically completed by Henry VII who built the Chapel which bears his name. The upper parts of the two towers were signed by Sir Charles Christopher Wren. The extreme

roof is 102 feet high and the Towers are 225 feet. The Coronation of the English Kings lakes place in the Chair of the Abbey where the Coro- nation stone brought by Edward 1 from Scotland is placed beside chairs of the English Sovereigns. Burial In the Abbey is one of the greatest honors the Nation ‘n be- stow. ___________._______.

us» v-Oontinued gross Pele 0- ~__l

length of the Church is 423 feet. The‘

STATE OF THE MARKET

Continued credit stringency, 5g- gravated by the growing volume of new 511311131118. had an adverse effect on the stock market in the past month. Not only was trading greatly restricted — on several days there wereneallngs in less than 40,000 shares-but with rare exceptions quotations were marked steadily downwards. The influence of prevail- ing conditions in New York was ap- parent, inasmuch as traders were disposed to withhold commitments in the face of high money rates, but on occasions when widespread advances were recorded on the New York market there was no corresponding improvement in the local 11st. The general tone of the Montreal market 1n the first half of the month was decidedly dull with weaknes grad- ually becoming apparent; even the publication of favourable annual re- ports by several industrial corpor- ations failed to evoke any enthus- -iasm. By the middle of the third week selling became more pronounc- eds and on March 22nd, developed into a regular rout. Scarcely any stock in the list escaped without loss and declines ranging from two to twenty points were general. The direct cause was attributed to fears of a wide-open “'break' in Ncw York in anticipation of drastic action being taken by the Federal Reserve Board following upon the huge in- creme in brokers’ loans. Moreover the persistence of the credit string- ency already mentioned had brought about a condition where substantial support to even intrinsically sound stocks was not forthcoming.

As usual International Nickel was the centre oflintcrest and absorbed most of the trading. At the begin- nlng of the month the stock was sel- ling are‘ ‘ 67, but despite the fine showing made by the Company in its annual financial statement, this market leader could not move against the general trend and gradually sold off to about 4i. Brazilian Trac- tion was also under pressure. partly owing to ill-founded rumours that all was not well with the coffee in- dustry in Brazil and partly because many holders were selling their old stocks to finance subscriptions to the new issue. Dominion Bridge suf- fered the loss of e. few- points in sympathy with the balance of the 11st.‘ but on the whole acted well. The Company is reported to be handling s record volume of business, and it would occasion no surprise if ‘the stock registered a striklngadviance within the next few months. 'I‘he‘ac- tlon of National Breweries, which easedjcomparatively little from the price ruling at the end o! llbbruary. indicated that the stock was strong- ly held: we believe that higher pric- es for this stock are justified.

For those who can afford to take an interest 1n a relatively ‘high-pric- ed issue. "Si-nelters" presents at- tractive poiihtlidao. flan Company's"

Miscellaneous Expenditure (continued).

Brought forward .. 2,768.06 51111111408 Acting Prothonotaxy J.W. Murray. at Bside 36.00 British Young Ambassadors Hotel Vic- . mrin Dinner .. " 220.00 Delegations Hon. A. C. Saunders, to Ottawa 65.00 do C. G. Duffy. t0 Ottawa .. 100.00 do Claude Holmarnio Ottawa 100.00 do S. M. Hicks-reservations 23.05 288.05 Red Cram Society Christmas Seals ..... 25.00 Sundry Expressage C. N. R., etc. 4.79 North American Gas Tax Conference Copy of Report . . 1.00 Federal Agri. Grant Balance overpaid in 1924 . . . . . . . . . . . 3,738.02 P. E. I. Asso. Boards of Trade. Part Salary ‘Traffic Expert, 192B 700.00 7,780.92 Paupers Allowances, by Executive Council . . . . .. . . 6,150.80 Postage For all services, Stamps and rents P. 0. Boxes . . . . 1,611.53 Publlo Lands Draftsman,_'I‘. W. May, C. E. .......;................... 350.00 ‘ Provincial Tress. Dept. Prov. Secy-Treas. Hon. Walter M. Lea 1,000.00 Asst. d0., H. R. Stewart 1,300.00 Chief Clerk, C. J. Stewart . . . . . . . . . . . . . . . . . . . 1,650.00 3,050.00 Clerk racism-y, Olive llnwther 1,200.00 do, Cyriac Gallant 1,100.00 do, Geo. S. MacLeod 1,100.00 do, Lloyd Wonnacott 562.50 do, Jessie M. Gillis 1,000.00 do, Katie R. Power .. . 600.00 do,.Norma,Younker . . . . . . . . . .. 550.00 0,112.50 Less Amt. charged to Motor Vehicle and Gasoline Accts. . . . . 1,850.00 4,252,511 Printing, Adv., etc, Sundry payments .. . . . . . 935.10

Printing Commissions etc, under Taation Act .. 3,806.00 4,742.00 12,054.50

617,661.83

(To be continued)

State of the Market

preliminayr financial statement for 192B shows a decline in profits, due to the lower prices ruling during the year for metal products, and this was partially responsible for the drop of some 90 points in the market; value of the stock. The sharp ad- vance that has since taken place in 60191191‘. 10nd and zinc should have a very beneficial cifcct on this year's

stock. One security that held up re- markably well in the face of unfnv. curable market developments was Famous Players. At the end of Fcb_ ruary this stock was selling at about 43; it gradually moved up to 53 and lost only a. point or two in the gon- cral set-back. When we rcvietved the Companyis accounts in our De- cember bulletin the stock was quotde at about 32, and we then predicted

The half-yearly statement; recently published showed net profits of $710.- 291. or $228,221 more than for the whole lmevious fiscal year.

The following table illustrates the price changes that have occurred in several leading stocks during the past month:

MARSHFIELD — Members

"U0"- A play ls being practised to be Elven some time 1n tho ncn~ future. Mrs. Wm. Godfrey will c11- tertain the Club for the next mcrz. lng.

Qllicll Relleffrom Gas Pains!

Use Chamberlain's Tablets mad gcg

quick relieffrarn napalm qnd belch-

ing. lflccmve because the help your

get bocloto norms . Also ca- I

ltipltius. 19 emu at all druflgisn:

Write Chamberlain HI Oemvmv. 1m. Toronto,

CHAMBERIAIWS

TABLETSW an»

revenues and in due course he re- fieclcd in the market price for the

higher earnings for the Company.

A I M- I l l" ' ' Pace: Fir»; ‘ PUBLIC ACCOUNTS, 192s.

Classification of Expenditure

Eastern Securities Company Ltd;

During the Recent Stock Market Liquidation 5'

while many individuals were "unloading"

good stocks the managers of many soundly organized investment trusts, who anticipated such a situation, were standing by with mil-

lions in cash prepared to purchase sound issues at. sacrificed prices. .

It is a splendid method to "buy low and sell high" but the majority of investors gen- erally fail in this whereas the jntelllgeriily managed investment trust succeeds.

in view of the recent stock market situa- 1 tion the shares of many management typo 1 investment trusts have consequently become extremely attractive.

Upon reqc ~ shall be glad to furnish specific . lions of investment trust securities. ‘

INVESTMENT BANKERS Chlr ottetown Montreal 1min:

I

F. A. Stewart Jones Investment Securities .

P. o. Box 264 Phone 291 LY Charlottetown ~

t

Price Stock -l929- Feb. Mar. High Low 27th 27th Abitlbi 55 .77 40 40 Alta Grain . 6'1".» 411's 5a 4o Brazilian ., 81‘1- 52E GTHZh-ifisxr Brompton 1 .. 48-1’; 471i 421,; Can. Pow. .. as". 2G 31% 27H Can. Steam. 50% 35% 47 41 c. M1 a $1.515 375 s05 ias Do; Bridge . 11015 so 1oz";- no Do. Glass . 20o 150 iso 1115 Fraser 88% 61% 79 65'. Int'i Nick .. "n 40".» ea 41'; Mas-liar. . 90".» '70 as 17o Mon. Power" 11a o0 111 :02 Nat. Brew. .. 14o 119 13a 1211 Port Alf. '15 so 71" so Power Co1'. . 12s as“ 117 101 Que. Pow. 9111.- 71 so r211,- Shaw. e4 7311 a7 70x1‘ Waves. 031;» es as "14 Win. Elec. .1091’. 74v. 1140x115

de- cided in favor of the sanatorlum pc-

to anyone who can contradict that this is not the‘ Biggest and Best: offer in Mining Shares at the 05.9f- ing price, made to the Public in many; d; . We believe that: there is not a producing mlntin

whose prospects at the time, their stock wlsfillt offered could compare with Gold Rock. The and: responsible for this unusual success are man of un- questionable integrity and business ' , thorn‘- selves and friends taking the real risk-nomthoydo not: hesitate to invite thirPiihlic topnrtidpntm- It

_ only goes to show the difiefonco ' ing your own money with: Public‘: in’ making any business nauseous. The“ ' a managemiont.

GOLD RggmKl MINES

CAMP N0. I

The vein in Lhe shaft whida wu are now sinking at 20 feet, was approximately l3 inches in width; and carried various values every few inches. At the 35 foot level it had increased to $7.20 gold. At 45 fcct lmd asayed $9.80 gold, the width having hie-rascal at this pointto3fcet6inchs. Atria: bottornoftheshamfifeetitio now 6 feet wide. and ahrswnvifibl: gold. The vein in quentirn is of good Blue QHHFIZ- SISJOnmyed. Shaft: now I00 feet. Wliting (n assays.

is no changefinith

CAMP No. 2

Practically no wcrl: has been done on this property except sur- face prospecting. and a vdn Li: or seven feet wide can be tread for half a mile. Sample: were blown out of this by dynlmlte, and taken to Ottawa. where they may be seen at the Company's ofliocs. These samples show heavy free gold, and i: extxemely high-grade

01‘E< cAMruoJ This vein is more of a Sulphids:

forty feet in width, and extends for approximately hail’ a mile. Three assays were takm from bcne, one g of which went $20.20, and the second $55.40, and the third $112.20 gold. It might be inter- esting to know that no free gold has been assayed on any of these properties. gold urine.“

FIRST PUBLIC orr-"emaro 5O cents per share

Limited number of shares at. this prim

Thariqllhnesnailolnjadiuevolloppflaoifonmonlabo 1351a rvnlinncmuntllmsudgl‘ In. lliafiafabn-Utnlo iadialfi! mumielisilAs-u monlhSlondordltoakudlflciag up. . Additional information as requet

NICHCLSON, CLARKE s.

CO. INVESTMENT BROKERS l l-UITTID

Confederation Building, Montreal, Con. Phone Hllinut N,“

A CHALLENGE

f:

F o rd of Canada CLASS “A "TSfIARES (ll/hen, as, and if issued)» .- Bough t-Soldf-Quoteud“, JOHNSTQNWWAILQ

I w

B. ROGERS. -lr., “flmllrf. llunhtllur Bldg" Iunpmer IL. , . n“.

t-ummnsldn.

MI-llillltltfii: Monti-mil Flock Ilxvlllllllfl, roroino emu nun-op; '

“nutrient rum- Market. ivihntoeg-uraln lnehnogo, f" (‘I-loom lion-d of Trade. ‘