APRIL a. lose

THE CHARLOTTETOWN GUARDIAN

PAGE NINE

PESTERDATE sFocx Zlvo 501w) QUO TA TIONS

Montreal ,1 Stock Market‘

mnolvro. Ont., April 1. (Mining Q t to sales closedz) _ _ a0 a tons Solos sides . 11in soviet... _ . QWINMJIII ..», ....... 88 81% 87% 10200AloX ., 0s 02% 02% “"' 1s 01% High " s10 90 35 02 Ill. '-- 1°59 ill ‘mil T90“?! IA ,,.. 11' m»: .-. .... A, l? b “Y... coin .. 12 1000 cdluiuuruu .. on o5 iii“ f fl n00 Comm-Pet - {l“’if-"'1’3.'.'.‘.'..;'1.y'"...' .1 lav. 1:1 1a m r3011.» ‘L’ 1081“. 45m roman! .. 5% 5 E EJ371480 ‘i0 n" w", jlfd , 00.. 1.500 ursnudn pr, P5" ' u}: 401,2 ll 33§§2L.“$.‘€§§1 430 do .~- 1 l’ l . . 11.1, 1% 114' 2000 Kirk P381: .' 0 01:1‘): tDnIrIr-s , . 12% 12 12 2000 ooiflor 1;’ s... (‘ops . . . . . . .. 70 _ ‘J-fillllnko Shore ggm . Sir-cl Wrires Lin] . 11/; 2000|.\iucl|ssl1 _., 3; mm“ . . . .. 13 100 llnlurt 04 -. 3% 2000Mun Basin ' ~ 5 ilflbfcintyrc 1659 7 1213.3 rilorruillull n . 05s ,.. 3i] 1 i 33351335351“ ‘ m“ , - - e1- . .. . 4:1 5| l ii louver _-. ... 30 30000ld Colony .. _ 1/ ' 1 l h-mllirrw . . . . .. .... 24 101 Sniiiintonlo _ 3i 1‘?! 1'1: Sim-l mlr 10 4250 She .... . 01111 10111-1- .. 14 nos‘: Slscoo .. Slunrivliuun ,. 33 l300iSylvnnltc . . Sher Williams _ 8% 0000‘Tashotn . - Mun. Fun Power lil lfilliTcck Hughes . . g 1' of Pull 17 l7 1000Towngiilnc . _ g r pr (‘.111 l'f1l 25% 100lTrcailwell 275 Ylllu l-ls (our 7 200 Viponil 31 win lilec ... 1'1 8 172.5 Wrirrlit Har . 251 Silver 53%. Total snles 150,000 shnrcs. I zffl UNLISTED - .. \ ‘:01! 1200s llllssourl . 0s 0a| 0a 211 n-loll A oil .. 0m) m0 0.10 1i00(‘en Mun 05%| 115% 01V, - , 200 Research 130] 130 130 r “so (l-COMWI 12:. 12o 12.". .00 Elilnrnilo 103 12il 12f) 1 ' - . Weaiih 0f Canada a iéilillilffi" ' Li; iii; ' ' ‘lllflYlr-kcl _..' . 150' loo cert Mmmg Interests ...'.;....... 1000 ...-.. w: nooalrirrk Hui] .. 00 1l0| no ' ___ 5003 c land . .. new] 031v ma’ MQNTR-Eflm» Q“- APT“ 7 (B? 5llflgiltell rm. _ .. oasis 031/; 031/; The Cflllildlln PT€85)—"Wl'l8'l1 5.1‘ n-IHVPIIIHIPI ... .. 4 I 40‘ 4 William Logan came w Montreal 1000|Hckcrs 00%| 001,1, 00v, ninety years ago to found the Geo- logical survey of Canada, the rnln- 1,,’ y, 1A iug industry cf this country was M31‘ 032,, g3, almost negligible. During these 00‘ 00' n0 ninety years the Dormnlonla mirler- "if/ill "if; "if/f al output has increased steadily un- all kl,‘ i,’ til now. with about saoo,ooo,ooo a 3f,‘ 3-,’ year or $30 per capita, it corisittut- "V. 14.‘ v. 011,1, 011.4. out cs one cf the principal industries if‘! ,4

oi the country and is notable throughout the world," stated F. W. Gray, vice-president of the Dom- inicu Steel and Coal Corporation,

Sydney, N. 5., in his pres'dential

address at today's session of the an-

nual meeting of the Canadian In- stitute of Mining and Metallurgy here. '

“I11 this development the Geo- logical Survey has taken an out. standing part. Too often the im- portant services done by a public body such as the Survey goes with- out adequate public notice though those that come directly‘ in contact with it cannot fail to appreciate what it does for industry and for the cultural life of the country," Mr. Gray declared. ‘

During theifirst forty years of its existence the Survey had mapped in outline the eastern half of Can- ada and tile sure lnatlncc of its of- ficers, amounting in some cases al- most to presclence, had made this Ollline an almost perfect guide for "is deia led work that had follow- ed, he said. The thousands of miles travelled through the their wilder- hi“ were mostly by canoe with In- d “i °l' Voyageur guides. The science “i 8901023! was then in its infancy and these pioneer Canadian geo- liiililis did much to develop it, their work receiving world-wide recognit- '°“' Ml- Gray stated. He cited num- "Vlls instances in which these sur- "ll had aided the early mining “iliiiillaalant and had provided a lillll foundation upon which Clfplor. ntion and further development cculd l Drcceed.

Dllliar the past half-century the Geological survey had explored the westen. half of Canada and had Qammenced the detailed exarnin. 3W0 0f the more settled parts of m‘ °°“llil'y. particularly thosc parts Thrhiah mineral deposits occurred, WW slilvey had a practical cud in mud ill! addition to its scientific Ithgdil the earth's crust, he said. was n been ‘mm m’ “lining and ukmvrl" I pioneer in aiding the m Thly and developments of min. dtawa" Department of lviines at “y on. an outgrowth of the Sur- mk ‘h ‘he "iklneering side, now m‘, fir; w" l! they were discov- mts h found out by practical mm W“ illev could be treated huhlyl“: Willy. a service that was “d thaéllshrec ated by the operatorq Md the mzdlersctturned a hundred. h‘ fined‘ "Dense required,

,, ,

“m? ‘he 9°°l°glcal Survey has W“ 411""! these ninety years labore‘ mmmlll concern (mean I‘ d alone for some years) into mmfmle Department of Govern- ' "l" Gray mi in conclusion.

m To Classify

‘Santa Claus third, and Appy Rob-

Mining Exchange

Racing at Bridgetown

A large crowd itnessed an inter- esting horse race on Grand River ice on March 31st. The weatherwas favorable and the ice in good con- dition. _

The Class A- race was won by Roddy Melody of Dundas, with Az- darff, Jack Steele of Newport, tak- ing second prize with Brook Bingcn and Nelson Stewart of Little Pond, who because of the small number of starters in Class A. moved up from Class B., took third prize with his well-known Colonel 'I'im. (In the precediri races held at Newport Colonel Tim was an easy winner in Class 8-)

Th; Class B. race proved inter- esting and was won by Alfie Mc- Leod with Royal Todd, Harold Stead had second place with Land leav- uc Junior, and John Moran with Jessie Waits came in third.

The Class C- event was won by Dave McKenzie with Happy Rex. Patrick Sharkey with Labor Set. came second, Douglas Campbell with

inson with Robinson Crusoe fourth.

Frank IFogarty and Walter Burd- ette acted as starters, and Allan J. McCorlnack, John BeBton 5nd sum Wood as Judges- Louis Cantcllo was the announcer.

OPPORTUNITY

Heedless though you've been before,

Fortune stands outside your door,

Waiting only to come in.

Open wide the door for him-

Treat him royally, my friend,

‘Inst his visit quickly end! -Grenville Klelser.

lio More Piles

You can Bud Your Awful Misery Quick Without Cutting or Salve:

Thousands of Pile sufferers do not know that the cause of Piles is iri- temal-bad circulation of blood in the lower bowel.

That is the scientific truth about Piles-the real reason why calves and suppositories do not give per- muncnt relief, why cutting does not remove the cause.

You: itching. bleeding or prc- truding Piles will only go when you actually remove the cause-and not one‘ minute before. External treat- ments can't do this-an internal medicine should be used. IIEM- ROID, tbs prescription of Dr. J. S. Lecnhardt, sold by good drugglsts everywhere. succeeds because it sti- mulates thc circulation. drives out congested blood, heals and restores the almost dead parts.

Dr. Leonhardtk HEM-ROID has an almost unbelievable record cf success right in this city. So why waste time on external remedies or worry about an operation when Hughes Drug C0,, Lid. invites every

WANTELBKPE ~ h '0 h oeorg-‘IINUII: MAI!) =1»- -. a“. arm:

not end their Piles, no matter stubborn

Pile sufferer to try HEM-ROI!) with guarantee of money-back if it does

PRODUCE

i}

MONTREAL, Quin, April 'l.-Butter prices slipped oft two to two and s half cents cu tho produce and dairy market hare today in the tinuuricc of tho downward movement of the lust two weeks. which had sent the price seven cents lower. Egg qllqtaflong advanced while- chaese and potato pri- ces remained flrm. Increasing nrrlrnls of fresh bilrer combFned with poor demand and the desire of holders tn se_ll present stocks before the new butter begins to arrive in volume, push"! N°~ 1 recruded butter in brok- en lots down to 24 copfs n pound, 111-0 fo two and n half cents lower tbnn yesterday's closing quotation. Wonk- ness iii outside markets nlsc (ended 1° "T" "l" ilflee down. Fresh butter wns quoted m: 1D to 20% cent. n pound. Receipts were 1.700 boxes. Fresh trrndcd Ontario or Prairie eggs in m". lots or less were nininlv higher nil-u; nt 1i) cents and firsts h; 11 111-111.} be. lng up hnlf n cent with seconlla n: 15 zetnlts a dozen being unchanged. Quo- n cns i0 retailers were ilnelinnizrll and receipts totalled 1.175 crises. Fur. rent cheese was quoted steady he 101,1,

‘b l" ll coats as was summer mllkn :11

12 to 121/} cents l1 pound. Tlli‘ potato llmrlret was unchanged. quotation 0i broker. lots per 50 llound brig being 30 l“ 40 "n" t" Quebec whites flilil 45 to 50 cents for Quchpp and m.“- .n"“"9“'illi lfreen mountains. Crirlot Ilr oes were te‘ t _

tbnli the brokenri 0191111031212)?“ cheap"

Grain Market

(Canadian Press)

WINNIPEG, Man., April 7—Ner- vous and at times erratic wheat fill-ll! tenaclously tc fractional gains scored in early session trade to close lmahanced to as higher. May wheat closed unchanged at 62%, July 1,5 hlkber at 84% and October 16 high-

_~er at 66%. There was no trace of

export trade worked overnight. Pit’

o trade was comparatively light and

with the exception of c little sell- ing for Chicago account entirely local in character. Crop news from the American Southwest was of a bullish nature but in the absence of import demand it was found diffi- cult to raise prices up. European news was without color. France re- ported good rains which’will ben- efit new crops but this was offset by official German reports con. "Phillis damfllze to winter wheat from frost. Trade in cash wheat and will“ Brains was dormant closing differences generally were unchanged. Close-Wheat: May 62%; July 84%; Oct. 66%. Oats: May 31%; July 32B. Barley: May 411/1; July 42; Oct. 3970B.

Cash prices-Wheat: 1 hard, 64%: 1 nor l6; 2 nor. 58%; 3 nor., 54%; no. 4, 50%; no. 5, 48%; no. 6, 42%; feed 40%; track, 62%; no. 1 durum, 85%. Oats-R C. W. 30%; 3

track 31. Barley-Ii C. W. 40%; 4 C. W. 371/555 C. W. 35%; 6 C. W. 34; track 41.

CHICAGO

CHICAGO, Ill., April ‘I-Unabat- ed crop damage reports gave firm. ness to grain values today, al- though one selling movement car- ried wheat down more than a cent from an early top. Disappointment was voiced as w relative dearth of North American wheat export busi- nesa. Some United States hard winter wheat, however, was dispos- ed of for shipment overseas. Wheat OlOSEd UITSCSTIOd, *5“ above ygg- terriers finish, corn ail-la off to a shade advance, oats if down to 1,5 up, and provisions varying from two cents decline to seven cents gain.

WOILKIESS SEEK REFUGE ON LAND

CALGARY, Alta., April 7—(By The Canadian Press) — Numerous unemployed Calgary residents are seeking refuge cri the land among the foothills. Realtors say farms are being purchased at very low prices by men who believe it wise to invest savings in this manner rather than sec them disappear while seeking work in the city.

Demand for farms is in excess oi the supply, it is stated. Although poor returns from grain and other products have struck the farmer hard, hc pluckily refuses to part with h's domain in the rolling country, locking to the futura with opfmism. Many worklesc urbanfcs say "a farmer is ulways sure of food and shelter no matter what happens."

DEATHS

LAWSON-At London, Ont., on Wednesday, April l_ 1933, Martha. A. Lawson, widow of the late Thos. H. Lawson. Funeral from the Muc- Lecu Funeral Home, King Square cu Sunday, April 10th, service start- ing st 2.30. " Interment, People's

c. w. 28%; ex 1 feed 27%; 1 feed. 26%: 2 feed. 25%: rejected, 22%;;

(‘I

New York Stock Market

Quotations

Al Chmn ... ... Am (‘nn

(‘ U Elec

(‘orig Prod- E I Tlupolit Fox l-‘llu . I Gen Elilfl ‘ Geri Fnmls , ' so?‘ léflutnrs , 1 ' '13“ 7 - W" . l-ll/l mix lav i-aafllw-ui- llub . ill 015' 01/: "will lllot . “l 2194i o1/| niv l" llnn- . . . . .. | 1111' 155111105 l" -"."'"i' Pia - ' '2| m: 11-’. Tn hivlrol ., fll/éi "W (1% In Tole 5:141 5W m. Ron (‘ripper ‘W. n, a Ilnnlhcrt 0C \ “l lifls Pile .. 3M. 3,,“ 3% fills Pnc hm n I I 7 Jnilt \\' 1 _:_ _ ‘ ,. -- - I'm: 21w _-1/. pf}: ,3?“ -i u! 2w 21/, I, q y‘, .| ill Mil 0 ' " l‘ l 1114-121 42a; garlic Corp | 51m 5w 5,,‘ q K U . l | I 3v‘ acorn R,oe . __ 1 _ m, _ 1.211%!‘ i" -" -"-"li .. p Stnml 152121115" " my: 91/‘ f, ma" .. .l lmf-l 1:17! 12:14‘ :1.“ "i; N J ...|21~1;l 2o"| 9.111; "s (a ...l1i~l.'. llll 1,;

New York Market

MONTREAL, Que, April 7.—In yet another day of small but steady falling in security prices, the Mon- treal Stock Exchange today estab- lished five new lows.

The taxation changes announced yesterday at Ottawa did not appear to be c. factor in the trading, the orderly decline being in lirie with

sessions. Other than the budget, there was no financial news of im- portance during the day. The pub- lic maintained its complete aloof- ne-ss to the exchange.

New loans were reached by r. widely assorted group of issues in- cluding Abitibi Paper Common, of’! V. at 131/1; International Nickel. at ‘l; later closing at 7%, of! l». Mc- Coll Frontenac Oil, off P1,’. at '1, Steel Co. of Canada, off 1% at 178i ard Viau Biscuit, cfl’ 3 at 7. The alter- noon trading brought a. little im- provement in line with a rally which developed at New York and most issues closed slightly above their day's low evcls. Leading is- sues were ail weak: Brazilian Trac- tion dropplllk 5t at 10 on a turn- 'over of 2,676 shares, Canadian Pa- cific sold to the amount of 1,303 shares, was off half at 14 "Kid Nick- cl, third with 1,205 shares, was ‘A lower at 7%. Also included in the

day's 11 losses were: Abitibi Pre- ferred, off ti; at 7 ‘it; Bell Telephone off 1% at 98%. Dominion Steel and Coal "B" off 1/1 at 1% and Famous Players" of! ten points at six in its first board lot appearance this year. Three gains were registered, includ- ing Smeiters, up 1/1 at 41, Dryden,

l4 V4 cline.

that experienced for 53761-11 trading ‘

l

111.111.1111 Market Sldellghts

NEW YORK, April ‘L-Altholllh shorts did some repurehusing in the early and late trading, today's stock market was unable to find incentive for a real rally, and prices, ls measured by the averages, closed lower for the seventh successive ses- sion.

Weakness in utilities and a num- ber cf specialties, chiefly merchan- dising issues, and a feeble market

‘if: for many preferred shares, provided

familiar aspects of the current de- Rails, however, experienced some relief from pressure and sev- era! lndustrials were steadler. A rally in the last half hour reduced moat losses cf 1 to 4 points and gave a few lenders small net advances. Sales totalled 1,794,217 shares. American Can weakened early,

41 breaking to 52%, the lowest since

1927 and making only partial recov- ery for a 2 point net loss. Kresge was another soft spot, with Safeway Stores and l-Iahan Dept. Stores pre- ferred it closed about 3 points off. U. S. Steel went to 34% a new low but came back to 35%, closing near- ly a point higher. American Tele- phone did not violate yesterday's minimum and gained 1% net. Al- lied Chemical, Westinghouse Case, Coca Colo, National Biscuit and Woolworth also finished with some- thing to the good.

Public Service of New Jersey, People's Gas, Columbia Gas, Consol- idated Gas of New York and De- troit Edison were down 1 to more than 3 at the lowest. Electric Pow- er arid Light, 7 per cent preferred broke 6, Columbia Gas preferred, 9; American Sugar, preferred, 4, and Union Pacific preferred, 7%- Rails‘ moved narrowly, although there was a late one point sag in lansdlan Pacific. Prospects of an immediate adjournment of the four awer con- ference on Southetastern Europe's

ic problems ‘ some un- casiness here, for Danublan affairs have been regarded as in c. rather critical state. Strength of French francs against the dlilar, forecast- ing gold shipments to Paris just as the Bank of France was reporting a small decrease in gold holdings was another interesting develop- ment with a foreign angle.

STORE WINS OVER OFFICE

In a challenge game played in the Crystal Rink Monday evening be- tween the clerks and ofllce staff of R. T. Holman Ltd., once more the clerks demonstrated their hockey superiority, coming out from under a. 4-1 score at the beginning of the second period and fighting their way to a. 5-4 win, scoring the win- ning goal an instant before the gong sounded.

Both teams played good hockey, but the ofllce staff were bothered by the heavy checking tactics of the store team and showed weakness around the nets. The scores for the omce team were made by Jam- ieson and Wheaton, while for the

up ‘l. at 1% and Gypsum, up ‘A at 3%. Trading was to the amount of 9,267 shares, compared with 10,835 yesterday and 11,412 on the corres- ponding clay of last year, the bond market was featureless with sales of $23,450, mostly comprised of Mon- treal power debentures unchanged at 40. Sterling closed at 34,1100 and United States funds at a premium of 10 9-16 per cent.

MONTREAL, April 'l.-Net carn- ings cf $1.73 on the common stock, 13 cents more than dividend dis- bursements, were reported today in the annual f‘ ' l statement cf National Breweries Ltd.

Oil, Salt And Gypsum Plentiful

CALGARY, Alta, April 'l—(By Thc Canadian Press) - Alberta's mineral wealth includes important sale and gypsum deposits in addit- ion in its oil and other minerals,- according to Prof. J. A. Allan, of tthe University of Alberta. Only five per cent of the potential oil land in Alberta had been tested.

"The most plomlslng latent in- dustry in Alberta is the salt indus- try," said Dr. Allan in a recent ad- dress. "Important salt deposits at McMurray in northern Alberta, await development. These salt beds are 000 to 650 feet in depth and are quite pure. A plant was erected and ,. ‘ ‘ 52,000 ions but was abandoned because the location was not ' ' There are deposits of salt from the springs at the north em boundary of Alberta 25 miles west of Fitzgerald."

The largest gypsum deposit, he containucd, was along the Sides of the Peace River Valley below Port Vcrmillim, northern Alberta. It ex-

store, Robertson, C. Lea, Bradshaw ' and Woodside were the outstanding players. It is doubtful whether there will be another game played by these two teams this winter as now the clerks have demonstrated conclusively their superiority by winning every game except one that was played this season. '

The lineup: 001cc Store Goal Watton Millman Defence Mountain W. Lea Mollison C. Lea . Centre Holman Woodsldc Wheaten . Forwards Jamleson Robertson Jeffrey-a Bradshaw Referee-Prank Wcodside. Notes

Watton still has his overcoat. Cheer up, Fred, Summer is coming.

We wonder how Crilly got that sore head.

Someone told us that Jamieson couldn't shoot last night. It that right?

Wheaten says he scored 5 goals. We think he means all this season.

Other deposits were st the bound- If! of Jasper Park and McMur-ray. 0i! abounds in the province, he added. If development of this in- dustry d‘d not make great strides it would not be duo to lack of Petroleum for not more than five par cent of possible oil territory had been touched.

Gold was one mineral Alberta need not worry about. Small quan- tities rnigbt be located, but no large

Cemetery. — (Summsrsidc papers