filhvciiliment-iluniciiiai-iicriiiiratien Securities

uouoaa- '- sous- ouorco _

F. J. BRENNAN o» o0. LTD.

Members lnvestaient Deniers Association 0i Canada

B. ll. BAQNALL-Manager ' Charlottetown

sloncinn - Fredericton Q - Sydney

m gimmond St- esiot John -

CHARLOTTWETOWN

Taleplsonl 1m

Stock Market Prices In First Decline This yWgeek.

YORK. Feb. 18- (AP)- ngmxock market declined today [or the iirst time this week. _

Losses were small, though, "and Mm only a small edge over gains. Buying interest faded away in the mcrnoon alter the market had

uttered along tndeclsivaly.

Business was slow with only 690.- mo share: changing hands. oom- pared with 960.000 share: yester-

til .

auntie: made a little better ‘howing than most other groups while railway issue: were almost unliormly lower. »

'i‘he Associated Pres: average o! 60 stocks lost .1 of one point at 53.1 which leit the market one full point ahead on the week.

News from Washington wasn't st much help to trader: looking (or a clue to the market strategy and there was a general tdllddllCy tn downtown Manhattan to take it easy. ---

Among issues of! a point or more were U. S. Steel at 71 3-S,'Chrysler l3 3-8. Goodrich 59 1-4. Owens- Iilinois 53. Continental Insurance 501-4. Disco Corp» 13. Liggett & Myers 85 1-2. and South Porto Sugar oil 3 1-2 at 29 1-4._ott 3 1-2.

At Toronto

TORONTO, Feb. 18—(CPi -—All grouping: slipped down from yes- t0rdsy'| gain: induli trading on the Toronto Stock Exchange today.

Torbitt Sliver featured base me- isis, trading irregularly as it buck- rd selling pressure in early deal- ings and then edged upwards to add six cont: onto yesterday‘: 12- eent advance. Otherwise the basc metal list slipped downwards led by Consolidated Smeiters. Smelt- srs dropped 2 3-4 to 107.

Golds and western oils moved narrowly on a weaker tone at tho close following early Iirnﬂng ten- denciel.

New Jason attracted conside sablE attention in the junior gold: while Hoiiinger, Kerr Addison and Lake Shore dropped traction: in the sen- iors. Profit-taking on the recent ad- vances in New Jason sent the price ‘down slightly.

Anglo-Canadian and Central Le- Iue dipped five cents in a dull western oils list. Calgary and Ed- monton added five cents at $5.30. sagging from a 15-cent gain in torcnoon action.

At Montreal hiONPREAL, Feb. 18—(CP)—Ai. though the majority oi industriais dipped into lower ground, gains and losses were about evenly d]!- tributed among ‘the leader: during iiliit trading on the Montreal Egck Exchange and Curb Market a3’.

Price adjustments generally were ininor. , ,

Penny losses were scattered ""002 slow-moving mines.

Closing average: indicated papers up 1.35 and utilities .1 but indus- trlals were oi‘! .4, banks .01 and golds .04.

0i 182 issues traded. 35 were iiisher. 67 lower and 70 unchanged. Nine new 1949 highs and 2.‘: new lows were established.

Industrial turnover wasapproxi- Yﬂlieiy 36.200 shares. a slight in- Breass over 35.900 the previous day. iiiines were sold on a total oi‘ 181,- iim 50"“. compared with 128,400 Thursday.

Plilers were fairly active and hired into higher ground. Metals F"? BiOWIY erasing gains o! the sat two days. while oils, bever- lies and utilities were about iieady.

Consolidated Smeiters. which hod liefstsnuiln tigediirgielllght tho last two

S S 8 . It m6 L1 points to close

international Nickel touched a "W low or 82. but rallied to close g: J2 3-8. about steady (ex-divi-

vndi. Aluminum was shaded. Sole Exainorulmoriil metals was Hudson

“ii Mining up 5-8 to 4,7 $4.

_.

Grain

, Feb. ls-(cri-An '

WINNTYE Issier tone was shown by all coarse eroins on Winnipeg Grain Ex- "iiiiiiﬁe iﬂdﬂy as tuture: prices mov- "i "iilmwil in a moderately active "Mi"! session. A rallying of Am- riiuiii strain prices prompted buy- ill in Winnipeg grains late in the session. ,

SiiiPDcrs madsismull purchase: in liais- Barley received support from ' iiwers and export interests. Ear- miiiisel i" rye were erased when coliiwrt attributed to seaboa d ac-

“iii liipenred on timmsrket. “ntiilse in prices on oats was 3-8 {an ‘ower to unchanged: on bar- nha“ ﬁr“ "lit hither: on rye un- . lgwe- ind-on flex unchanged to

The United Kingdom was allocst Igheiaizii-w bushels Canslsn m M-bt was report a small car- ,“ "ivy we: sold to Seldom

i' "Z513." (‘concluded “with another

i .

mﬂnlsssuoarcho-insedltwo wheat rs- M" o'er of class two wheat-Joe ox- Unuedilxiiﬂuntrie: other than the nedom-were: Ne 1 nor.

5.2.1 s

that modest export buﬂnqgg m

"5 an s szm: no. a some: no 4 -

Shippisglievis

Al‘ SAINT JOHN- Arrived Friday Brant County, from continental ports ' ' Sailed Friday Asia‘. Liverpool A‘! HALIIAX_ Arrived Friday Beaverburn. Saint John. N‘. ‘l. Sailed Friday Alcoa Partner, tor West Indies ports ‘l-Zormaemar, ports Beaverglen, Antwerp Duo Sunday Sobieski, ports Dues Sunday Samaria. from l-lamburg

South American

from Mediterranean

Produce

MONTREAL, Feb. 18 —(CP)— Produce price: quoted here teddy were reported by the Dominion Department o! Agriculture as lol- lows:

Eggs: Free cases, A large 44- 44 3-4; med 42; It pallet: 35-39; B 38-39; C 82-34.

‘Butter: Current receipt: Quebec no 1 pasteurized 67 3-4: no 2 66 34: wholesale Quebec no 1 pas- teurized lresh and ‘storage 68 1-2. First grade creamery print job price 70 1-2, solids 69.

Cheese: Current receipts western white 32 1-4; western colored 32 9-16 (lob); white 32'(nominai): western color- ed 33 tnominal). No other prices established.

Potatoes: Quebec no 1 75‘lbs new 1.85; NB no 1 75 lbs 1.45-1.50: gal no 1 75 lbs 1.55-1.60; 100 lbs

Montreal Eixchange

Abitibi . 13 1-4 Asbestos . .. 24 ~12 B A Oil .. .. 23 1-2 Build Pros . 20 Bruck Silk s... 16 1-2 Bell Tel ..- ... ........ 39 Can Brew 20 5-8 Bathurst . 20 Can Cement . 24 1-4 Can Pacific 15 5-8 Ceianese . . I) 1-2 Can Car Found ' . 12 1- Can Car Pld 16 1-2 Can Steam . 14 Cons Paper 16 7-8 Cockshutt . 13 1-2 Can Vickers . 70 Dom Bridge .. ..... 33 1-4 Dom Coal Pld . 20 1-2 Don A 2o Dis Seag 16 1-2 Dom St B _ .. 16 3-4 Dryden 25 Fraser 25 1-2 Ford A 21 Founda . 24 1-8 Gen St Ware 14 1-2 l-iow Smith

l-lam Bridge . 8 1-2 l-lir Walker 25 1-2 Can Ind Al 10 3-4 lnt‘ Nickel 32 38 Imp Oil .. 17 1-4 Int Pet 10 1-8 Int Power .. 53

Int Paper 52 Imp Tob . 14

B C Powe 25 1-2 Con Smelt 106 1-2 Lake Woods 26 3-8 Massey l-lar . 19 3-4 McCoil Front 13 1-2 Nat St Car 22 Can Nor Pi'd 9 1-2 Norando . 57 1-2 Price Bros . 51 Quebec Power . 16 3-4 Shawinigan 23 5-8 St Law 8 1-2 St Law Pld .. 19 l-2 St Law Pid 2n 13 1-4 Dom Tex 11 Dom. Tar 2d Wpg Elec A 28 1-2 St of Can _ Brazilian . 18 58

iicw York Exchange

Anaconda . 321-4 Am Car and F 28 5-8 Beth Steel .. 31 1-8 N Y Central .. 11 1-8 Ches Ohio . 82 Con Edison .. 22 1-8 Elec Auto Lite .. 39 7-8 Gen ,Elec ..... .. 38 5-8 Gen Motors 59 1-8 . 39 67 3-4 4S 7-8 53 5-8 . 17 1-2 . 55 . 89 . 11 3-4 . 50 3-8 . 24 1-4 . I) 1-8 . 23 1-8 . 15 5-8 71 3-8

M 31:31:81 durum $2.33: no s 82.20:

hi“ Drives: " 0 e

....','-C,§,‘;Y 781:4: ex s cw 1o

1:’ 9 "kfazlggiiali-“laflat: iioyalSsslr em"°_1-1 r w _' y e-rew 1.1a .13; ~1 ms we as; a w afY- 1 cw new 1.10 74:1 ind ims-s s ms 1.01 s-Or ’ir

1.1g “T” 119' 74: ‘l OW 1.0474: 3 0W yellow 1.12 ‘I : I!

. 2 CW B-row 1.12 ‘H; GWnCW yellow 1.11‘ 1-s.

wholesale western _

_ iiiining, v (Canadian Press) TORONTO. Feb. 18-

Sale: Stock- -

2500 Am, Ylrniie . 1000 Anacon 5650Anglo Cdn 300 Ang Huron 2500 Area . 5500 Atlantic Oil .. 3300 Athena 2000 Aubcile 26100 Aumaque . 300 Bk o! Mont . 250 Bank NS .. 3500 Base Met . 19800 Beaulieu . 3000 Bidgood ..

500 Cal. Edni

100 Campbell

280 Cdn Brew .... 1000 Cent-Ledue ... 3000 Cent Por 1500 Chem Res .. 2000 Cheskirlt

1000 Com Pete ..... _... 28500 Con Astoria ........ ._. 1600 Con Beattie ._... 380 Con Smelt 2200 Conwest . 26500 Crowshors 1300 Cub Air .

3800 Dickenson 3000 Discovery __ 3750 Div .1!!! ...-... _...

11500 Goldora .. 1090 Guayana 2800 Gigi! Lead , ___ ,_,____, 2000 Hard Rock ......_ 5000 Headway ,_

l-leva 1000 High Bell 310 l-Ioliinger

48500 Homer

2500 Hosco . 175 l-lud Bay 1500 Hugh Mal 15 Imp Bk 615 Int Nickel

16200 lnt Uran 1100 Joburke . 2600 Jolict .. 3500 Kayrand 2000 Keicre

565 Kerr Add ..

14550 Kirk Gold 2600 Kirk Hild . 8300 Kirk Lake .

700 Labrador .. 1600 L Dufauit 1800 L Lingman 4000 L Rowan .

135 Lake Shore

750 L Wasa

1000 Lexindin 3600 Louvicour 1500 Lunwsrd 112 Macaasa . 2200 MacDonald - 2500 Macfie 6900 MacLeod 540 Madsen .. 900 Mal Gt

3 s S é‘

1425 Maralgo 2000 McDoug . 50 McIntyre .. 1100 McKenzie 2500 McLellan . 1500 McWatters 2500 Mid Cont .. y 900 Milton 525-Min - Corp 2500 Mylamaque .. 2067 New Alger .. 5500 New Bid . .... 2000 New Col 31541 New Ja: 3450 New Marl 15500 New Nora 5000 New Pac . 1000 Nib . 27200 Nicholson 565 Noranda 1000 Norbenite . 1650 Normetal 5.600 Norpick . 8500 Norseman . 6000 North Inca 3000 Northland 515 OBricn

sooo OLeary 9000,0mnitrans 1000 Orenads . 5850 Osisko 1000 Osuiake 4100 Pac Pete 1500 Pandora . 1190 Pwmsster . 5600 Pen Rey 1000 Piccadilly . 625 Pickle Cr 1300 Preston . 1000 Put-d? . 2700 Que Lab 5500 Que Man 650 Quernont 100 Reeves

m1. Sherritt .."'l'..__' 100 Sigma . ..

29W Sillnco 31w Siiv Mill

Siscos .. 6000 Springer 500 Steep Ro .... _._. 1210 Sullivan 0000 Surf Inlet M... __- .

ll ... 1000111615 Lund ....... ....

Torblt

se§§§$a:=g$B:g§a:d8

80 31‘ 1-2 57

ifxTWiiii‘ so taco»

i=1 e3»

' Moose were appointed on the pro-

THE GUARDIAN.

4000 Wingait 500 Wright l-lar .

CUBB

1900 Pend Ore Total sales 874.000.

1M0 Uri Keno . 255 1100 Upp Can . 170 135 Venture 560 12500 Wiltaey 21 0’!

223

NEW ANNAN W J.

Mrs. Stewart Moose entertained the New Anmsli- Wornen’s Instit- ute Thursday evening when twelve members nswered the roll call with articles or a. bazaar. Mrs. Walter Moase offered her home (or a social evening to be held February 10th. Tern dollars was voted to the Jubilee Endow- ment Fund:

The following articles for the Red Cross were completed and re- turned: three pairs ankle socks, two pairs pyjamas and one night- gown.

Mrs Elmer Moose and Mrs. John

gram committee tor the next meet- ing which will be held at the home o! Mrs. Allie MacNelll.

Fifty boxes of cards were sold. The school committee asked tor a coal shovel:

Hlto collection a ounted to $1.80.

_ Proved on the toughest grades . the new Chevrolet takes hills in its stride. its power will thrill you.

The punishing granite blocks of this “torture troll" PROVED Chev- rolet's obiilty to absorb punishmenii

This is where Chevrolet for i949 WMTROVID io be weatherproof and waterproofi

Citdl action will be launched against the chief and police loroo o! i Edmundsion. N. 8., Iollowing a disturbance whet: [our missionaries n! the Jehovah Witnesses rollgioua sect _were "run out o! town , Glen How.

i100 persons which invaded the lodging-house resilience oi tho Wit- nesses both molested and robbed them, Mr. How said: "The police chief

A contest put on by Mrs. Wal- vlng refreshments by Mrs. Rob- ter Moase was won by Mrs. John ert Williams

Moose. The hostess was assisted in ls!-

Mile oiier mile ihev ‘put ii through its paces ... proved its speed, its acceleration, its economy!

1

MB. AND MRS. CECIL JONES OLIVE LUNDEIL WXNNIFBED PARSONS I and two or three member: o! the force who were present at: the time d“ not try to protect the property o! our members.’ Forzedn: ha? a. train to Quebec were Mr. and Mrs. Cecil Jones o! Torch,“ lemma‘ nlired Parsons o! St. Catlsarluea, 0116, and Miss Olive L o 0 _ .

ton, Soak. " N ' i

‘ ’ Charging an irate mob oI

' (or the 'v's'“_‘ has

l . arr-asset's BARONEBIER 1M" "him i“ “WEJEHI 5W2 will tailyouhowywetand wltii your girl friend is tor sale hero ~ tor ilve marks ($1.50). _,

and Mrs. Louis

MW’- ansusson. Bavaria. m. 1s - (Reuters) — A sweet-heart's iii-N"

WM Chevrolet 49

am’ ..

on m: wonurs rouoi-issr PROVING osouuoi

At the General Motors Proving Ground there are men who ore experts oi ruining cars! "Find tho ﬂaws . . . get the facts" is their mojio. And so, when Chevrolet for i949 was delivered to their "tender" mercy, they put it through its poses so vigorously onci so thoroughly thoi there was no chance for basic wook- nesses to go undetected. Who! o break for the buyer . . .

instead of on experimental or untried cor, he gets a cor thoi hos PROVED economy, PROVED stamina, .- PROVED i

comfort, PROVED handling-easel Only Chevrolet, in the low-priced ﬁeld, has passed through the rigors’ of the "World's Toughest Proving Ground " and comes to you thoroughly TESTED, thor- ough|y~ PROVED and thoroughly APPROVEDI

c-m A PRODUCT OF GENERAL MOTORS

HORNE MOTORS, 16s Kent st.