rsaausav 24. 419st

s oci? QUOTATIONS

a

111E cnalilxrrrarowlv GUARDIAN

r Morning Stock Letter

led "m" Private wlral Mourns/u... res. sa-w wit-AB? A- P')"'Th9 government and the Bnwthe glptlglflii by which it is e , ‘ . nunfflew" up to 430.000.1700 pmwd States Brazil-

Bank

mbassador on behalf of

Brmugn interests,

gzllxelaufifounoll, . for the w; creditors. Under its

Sta creditors

itors for iven 5 per cent serial notes

able monthly until the total ount pas July -

TORONTO, Feb. “be; ofQ highly interesting

over Pitlleld any! Co's

g-

Brazilian

0i

today signed an agreement National Ibreign ‘Bade

‘to in

credits "trusen" in The agreement was signed osvaido Aranha. the Brazilian

the

and E. P. President of the Foreign United terms. with claims of less than s25 000 will be paid in cash. Cred-

’ larger amounts will be

Pa?‘ ‘m-

been liquidated beginning ‘in-Consider

pro-

ies of rapid and substantial ap- preciation. Am told t at in diam- ond drilling beiow- fa it sensation- al ore out averaging $55 across 50 foot. Also very good possibility oi working being resumed on Ilebels property next to Bldgood. Expect something official to be out next few days,

year ended Dec. 31 1935 showed earnings of $1,827,623 against $1,-

576,227 in i934 and $1,115,540 in i933. After interest and deprec- iation a net loss of $94,289 was

841 in the previous year. MONTREAL, Fleb. 22-82210-1- gouche Co. Ltd. for 1935 showed earnings of $612,934 against $037,- 250 in i934. After Bank and Bond interest etc, there remained a bai- ance of $279,775 before deprec- iation and after deducting de- preciation and depletion, _a net deficit was shown of $1,261.

Fraser Companies Ltd for the"

shown against a net loss of $371,»

Re n ewal Of Optimism On N.Y. Exchange

(By Frank MacMlilen) (Associated Press Financial Writer) (A.P. By Guardian's Special Wire)

NEW YORK. Feb. 28—W&ll Street was tax-conscious today as it pre- pared for the new week's business in financial markets.

Expectations that the United Slates government within the next few days may release its pmgram for obtaining funds to support the AAA ‘substitute had brokerage anal-

ltles dealings would be affected.

In addition l: was noted there were other rumblings regarding rev- enues in Washington with some legislative forces advocating the lowering of income exemptions in order to provide more funds for governmental needs.

The ability of the markets to ov-

position at present with ..

MTL CU

uml Curb Market)

(Canadian Press) MDNTREAIJ. on the spot market was 11w

Canadian Saturday. - Butter Spot: Bales! Que grass 28 3-3. . Cheese Spot- Ont white ‘ 10 to 11 l-2, col 11 1-2 to 12.

pullcts 28 to 28 1-2.

g Exchange

and Curb lilJarkof)

510th 0|"! Abilllll 2 Bafhurst ‘l5 Bell 'i'|:l 145 Brarilian 15% brew Corp Can . 3% B L‘ Pow A 3W’: (‘an Nur Pr- 23% Can (‘ur Found 7% Can (fclnent 7% Can iilll Al 1'.‘ Can l’nc 15% Ccisncso ‘ 2M6 Vol-k Plow 8 Dist Song‘ 3M liolu lirillgc 4i)‘ Dom Stores 7h lluul ‘For 74 ‘my 'l‘ol) 141/; lit Nivkcl 515V; i-lil-l-irl-lnx 137% .\icl‘uiI Fruni 31F)’; l\'lll iirl-lv 4Z1 N‘ ‘ ‘ 101,5 17% 22% t??? a - BANKS H‘ o. Bk of (‘mum 107 Bk 01' .\lil . Ill: of .\‘. S. 30 llluu ilk

(Canadian Press) MONTREAL, Feb. iirices rryd for 988s alld potatoes

inst v/cck.

Hillier was quoted at 23 1- 23 l-2 cents per pound for retailers were 24 to 24 i-2 for

Cr:.d;d egg shipments quoted at 32 to 32 i-2 cents

' MT’L. CURB

Bl]... _,. ..... ..... _ ll rl by Pltfleld and ompnny martin’- of Montreal stock exchange

MM.“ \ Open Last l; A on 21% flit t-‘fifii 31”" 2m ya Imp Uii 3'4 7'4 iulvr l'r~fe 31% J10. livir-lu-rn 11% 11% Walla-r Good 34 34 I Miscellaneous

Feb. Zii-Trading

sole

‘feature of the produce section of Commodity Exchange

100 boxes

"4

Eggs SpCIP-Olit A large 82 to I2 1-2, A medium 20 to 30 1-2, A-

Mt '1. Stock

(Supplied h; flfflold and Corupln llemhrrn of Montreal block exchange

Last 2% 15 145 15*)’; 3 01% 23%| 8 7

12% 151/; iii

PROQUCE

2ii-Steady butter, cheese,

on Montreal open produce markets at the close

4 to car-

lc: or less of no i while lots to

sol-

id; and 25 to 25 l-2 for prints.

were per

dozen for A large, 30 to 30 i-‘a for

A medium and 2s to ‘as 1-2 for .4-

‘ Dllll: ..

was 12 cents pzr pound

Stocks Push Higher During Short Session

(CI. By Guardian's Special Wire)

MONTREAL, Feb. 23—Montreal Stock Exchange list continued its current upswing unhalfed Saturday as a number of selected issues pushed through their highs for re- cent years. '

Textiles, rail equipments and a few powers were propelled forward by a vigorous buying drive while mild liquidation depressed con- structions and recent favorites. Banks were steady.

Obzervers were unable lo explain demand that boosted Canada Car preferred more than a point 17 3-4, highest since 1933. while the common" and National Steel Car gained fractionally.

Canadian Ceancse swung three points higher to a new top of 31 1-4 while the preferred spurted a couple of points. Dominion Tex- tile mct selling that brought a loss of more than three points.

Power Corporation was an out- standing favorite and jumped more than a point-to 1B 1-4, hizhsst since 1933. Brazilian turned over heavily and added 1-4 at 15 3-8. a new top- A drop of two points was rsgistered by Canadian Hydro-Electric pre- ferred. Iuternational Nickel recov- gpgd 30mg o1 yesterday's loss with a gain o!._3-9. i-iorlnger and smelt- ers held even. '

Sales totalled 42.261 shares; bonds $56,050.

--i-————-

EXCHANGE

(Canadian Press)

Closing exchange rates:-

At Montreah-Pound 4.99 5-9; U. S. dollar 99 29-32; franc 6-07-

At New York-Closed. holiday.

At Paris-Pound 74.75 fr; U. S. dollar use l-2 fr: Canadian 0°1- iar 14.99 1-4 fr.

In gold-Pound 19s; U. S. dollar 58.75 cents; Canadian dollar 58.53 cents. '

Markets At A Glance

(Canadian Press) Toronto and Montreal-indus- trial stocks hghcr. Tozonto Mines-Mainly changed. New York-—Ail stock; and modLy markets closed. Winnipeg -Wil:at 1-4 higher.

Ull- com-

to 3-8

for cariots or less of no 1 Ontario colored.

Prince Edward Island moun- tain potatoes were $1.35 to 31-40 and $1.30 to $1.35 for cobblers, per 90 pound bag. in 80 pound bagi. P F 1 mouniains were $1.20 to $1.25; cobbicrs $1.10 to $1.15, New Brunswlcks $1.10 to $1.20. 0209050 mountains $1.05 to $1.10 and Que-

bec no 2 90 cents to $1.

*-° the first to feel the effects.

ercome the bearish implications of the TVA decision last Monday led to a renewal of much optimism in speculative and investment circles. Stock prices rebounded quickly, af- ter the first se‘ilng wave, to new highs for the past five years or longer. ,

While many brokerage observers felt that a. wide assortment oi stocks has more than discounted the greatest possible recovery in trade and industry, others pointed to the inherent strength of selected is- sues largely resulting from the huge supply of idiefunds that cannot find more profitable employment elsewhere.

Just how much inflation psychol- ogy had to do with the week's fev- erish buying urge was a matter of argument in analytical quarters. 1t was noted. however. that the Unit- ed States dollar held its own fl-Rainst leading foreign exchanges and that grains and cotton were backward throughout. Low-yield 00005. 0150. usually, of an inflationary scare, maintain- ed a strong position. U. S. Govern- ment securities were steady

GRAIN

(Canadian Pres!)

WINNIPEG, Feb. 23- slight gains were reflected in cioslnz prices of Winnipeg Grain Ex- change Saturday after a. quiet ses- sion with export trade dull.

Final quotations, showing gains from i-z lo 3-9 of a cent abovc the previous close. placed the May future at B3 3-4 cents, July 84 7-8 and October at.” 3'4- -

Usual dullness of the week-end prevailed in cash wheat and coarse grain markets. Offerings remained light and only odd cars changed hands. Spreads on the various grades were mostly unchanged. A few cars of barley were bought by export houses.

____________¢ inspiration in the ballad and e010. but French poetry ls perhaps the most broadly human. It speaks to al‘. humanity and it d0; B0 terms that are at once stlmuioiive to the'mind and satisfying to the artistic sense.

French literature may properly be said to begin in the tenth cen- tury. Flrst came the "cantilcnes" or songs of which lhele were about 50o, arranged in lines of eight or t-en syllables. and later in lines of twelve sylhabies. The earlier 17°90" were assonated only, that is. the 1059 vowel of the iastsyilable of 08th line only being identical Later in the "Chanson de Roland" the end- lngs rhymed. Round this evil; poem. sung by the Normans at the battle cf Hastings, further royal, feudal and biographical epics rang- ed themselves, almost all grounded on fuct. some borrowed from an- tiquity. some 8118295400 by me Cruggdgs, and many imported f"onl Bylttgny, whole collections of fab- leg in poetic form of which the “Roman dc Renart" is the 310st representative were imitated and translated info almost all the Eur- opcan languages. The "Roman de 1,. Ruse.“ a wast allegorical poem treating of the lover's woes and the lover's bliss in the pursuit of hi5 passion. is also one of the import‘ am contributions of this 119F700- Tmg pqem also became immense‘? poplar throughout Eurovfi- 000 ‘m’ parted a gplfl‘, and character to

FRENCH POETR Y

(Talk given by Professor Blanchard to Catholic Poetry society)

Continued from page 4

artist that dorninatorlho

than it u onatcly

to "Other-occult

11.1

but Its

“More

than more sensuous than ethical."

_....- poetry illustrates a race singularly

.___________ W011i utterance and a gift oi llllllflfy such as few poets can "illal; but in him it is again the lyrist: ml Dower of eneourion is greater "its his inspiration, and nu verse is oratorlcsi and brtlant. fal- more deep and "m". sue , for example. u an 1 Shelley's. (Tolthe Skyfilyrli-l

- is genera ~n - “is llvlo. ratbsr than in the new- “ 1M5 “i! individual- IHNI triumphs. "*4 "l! personal sewn we look for n literature. the mach manifest they ‘soy. but

conscious of itscil. and firm in the conviction that, "All the world's a gtage." and the men and women merely players. Ccnsclously to play - 9min life, to be an aoior and at the same time an observer and p “m; mo, never to take life too aeflcugly, nor yet to neglect it: that is the touchstone of tho French pom; of view. and French literature and P00"? "e 101 "Pl"- slon. ‘therefore the reader of French poetry ""0 Wm‘ "m phrases, evaiuate the words. in- stitute comparisons. note the nice “glyph, the careful distinctions. (no exquisite sense of form ‘:03’: with the amt "m" P“ , m. zorth life and its Prob-Imi- Little can he ralnfll b! m“! l moon writer hastily. N‘ "t" "l" gumcient knowledra 0f the lini- ugge, for thus. t-hfi lmfim" °' “m” M“ '°"i‘l‘.‘.l.s 5133' asure "'5' 33m.’ gniahmwg ‘a jyflgjl n var . I"!!! mo" a richer ID! us sense of beauty. u elour to wnatlr

"y more vciuvti" Spanish MW

inflow

m; t, that continued gextieit f: Sign: than three cen- turlcs. ~

The period immediately Pwcfiiga in; the Renaissance was mar me by the appearance of tour nolla poets; Philippe do Comm nee. Charles d‘Orleans. and tha 100"" itable Francois Vlilon, whom Swin- bumo has immortallced to Ens iah

l th lines: r530? rgads eout first at ha"! °'

1 ire vlllrfil} aged bad glad ma‘! brothers name."

And last but not least, Clement Marat, who raised French verso1t0 religious solemnity in his tranls a- non of the Psaims, and gave t a pgvbevlc ring in‘his MEI"!-

Just then. the Italian Renal; lance was beginning to flil wi its glory the world of art and lit- erature. France too. early W!“ '4’ feel that it. was beginalns l0 W" from the old to a new society I00 a new literature. The imitation of Greek anldh tat-in“ “‘ frills‘; general. e poe Most m nearly with the "Pielde" stood in the van of this movement. Thil imitation of the ancient reduced the o.‘ invitation in poetry and it with artificial rhet- orical rules and with such a male pg [Qflp vocabulary and Latin lyntox. that the pom of the 17th

to hardened

and .i9th centuries bear the im- pren and the sterility and rhetoric

ysts guesing as to Just how secur- - '

zvnzvuvc

(Canadian Press) TORONTO. Feb. 23- Qtoekg Close Afton 58 Ajax 0h 02 Algoma 0K Anglo H G70 Astoria 6% liugalnac 0% Barry H 47a Bale Met 22% Bear 39% Beattie 100 Big Mill 00 Bohjo 19 Brslorue 050 Buff Auk 535 Buff Ca r 4% iinuk Hill “W: Lul Edm 117 Lul oil 1W1 Cull Mai 120 i lrlboo 140 i ustlo '1‘ 100 , 313 135 53% 111' 0y 4 r eniulum 231. iidorulio 119 i1‘ Bridge 910 i\‘;ll Kirk 7% s-‘r. klin 0 Gulls Lake 1Z1 Golllnlc . v 20 liuoelllsb 25V) Uruhnur 5 Gruundu 2-1 Greene 32 (lunnur 83 liulcruiv 4 llurrl ltock 74 ilurkcr 8% lloliiuger 157a lionrcsfead 20 lluwuy iii) .l .\i (‘one 48 illrk llllli 45 4S 08 12 Z5 37a 710 401i 171/4 13%. . 150 10 38 145 .\icrl Oil 23 .\i0fl(‘ll 11 .\lorrls K 78 Murphy 4 Norvllrc 31/; Norumla 407,, Nor Cuu 8B Olga Uli 5 ruyuluslcr 77 Pcrrou 161 L'_l~l Cob 4 Pnnluur 420 Pick Cro 480 Pioneer 1000 Prcmlen 5 Omega 73 ltclul Alfth 180 Red Lake 83 Reno Gold 115 oche 7% itoysllte 37% Sou Ant e 300 Silurritf. 124 riiscoc 334 Sou Tib 6% fituliu 37 Si. Anlh ‘ i: Sud Basin 450 Sud com 18% Sullivan 107 Sylvanite 270 Tuck Hugh 500 ‘ferns 420 Towagmac 31 Ventures 244 Waits Amu 120 llayeide 10 White Eng 4 Wilt Cou 0% Wright 11 . ass Total soles 1,370,000. UNLIBTED Aldcrulnc 111/, Con Mun 211,4, Church H 7 l-‘v Con s00 Cobalt 3 Dill Oil (l8 Bust Cr 11 lioluc Oil 12;; liull Buy 231,; Luke Mar 7% Mulrohlc 5% N Hank 3% bordon 10 usisko Park Hill g9 Puwnoc h 41,5, Pond Oru 105 Pure Cro 11% Preston 41/, Ritchie 41/, ltollb ilfout s Sud fillnea 4% Wood Kirk 7 (Canadian Press) TORONTO, Feb. 23—Penny shares played the main role on

Toronto mining market. yesterday, most leaders chalking up gains. '.l‘racie was also fairly heavy in oils while golds were slow but firm to strong. The exchange in- dex for golds advanced .31 to 132.- 95 and the mizcellaneous mines ln- dex dropped .31 to 143.46.

Narrow recessions were collected by thecbase metals, Norauda slip- ped back 1-4 while a gain of 20 ccnts for Pioneer and a loss of 5 cents for Teck Hughes were the only changes in the big golds.

sudbury “ ‘ * feature; the cheap issues on s. rise of nearly 2 cents to i6 1-2. Lebel gained 2 cents and Goodfish 2 1-4.

Now You Can Wear

. FALSE TEETII

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of their Latin models. In fact dur- ins this period iycrlctsm finds bet- ter expression in the great prose writers, Bossuet, Massiibon. J. J. Rousseau and Bernardin dp- 5t. Pierre. Andre Chenier was the first to restore some soul to French poetry in his lyrics which he sang dllflhi the honors of tbg French Revolution. Then stepped forth Lamartine, lhQ lyflq pa“ "pu- u. oclienoe." revealing in his repose- fui, tuneful lines, often sad, a beautiful and sympathetic aide of French poetic emotion. A notable line of lyrilts followed in Loinart- file's roouteil: Alfred do Vigny and victor do Loprade being among the foremostuvictor Hugo was master o.‘ too inllly instruments to be classified simply as a lyrls poet, yet be was surely one of the greatest lyrists of ail ages. however, even early in his aaroar. the reaction against Rolhantiehm was already beginning to‘ be felt. Poetry was

again becoming more and_rnorc an art and lass and loss a substance.

(I! FBI!) COOK)

GIANTS and JESTERS In Public Life

(cfliyfillfl Reserved)

(Continued)

The “aifllhkemmt between these “W” 50°01 slants worried Carnegie. Ho would have liked toresume their former-h frelndly relations. In later lgoflors e requested a mutual friend c 860 Prick and any m 111m. "Mr. larnegle asked me to tell you he ‘l “ti”! °fl in years and that he would like to shake hands with you before h? dies, and 1g; bygone; be bvsones. Prick was furious at this overture. There was to be no m. conciliation so far as he was con- °°m°¢ Snapping back at the would-be mediator, he sent a cruel mefiflaiie to his former friend. 1t was a sad ending to the 01mg comm relation between the two men Frick died the game ygm- a‘ c": neslc (1919) 1 i “so-consul l B" 11B an estate. of

Camasie and his associates sold out the Carnegie Steel Company m 1901. J. P. Morgan and his syndi- gggab paving the stupendous price or

000.000 for the property, car- Helios share from the new U 5 Steel Corporation was upward-cor $250.000.00). From that moment he 001114 devote all his time to his benefactions After his death 1p 1919 there came to light e, memor. ahdum written in 1868. in which he said, "Thirty-three (years of age) and an income of $50,000 per annum. By this time in two years I m“ 5° B-"BHSB all my business as to secure at least $50,000 per annum for life, and beyond this. what ever I 60m. I hope to spend each year for benevolent purposes."

During his lifetime Carnegie gave away more than $350,000,000, m; left his family a little over $25,000,- 000, which went to his widow and their only ‘mud. a daughter.

his library policy was bitterly ODPO-ird at the outset. He donated the m“ 501101118 00 his native place Dunfermiine, Scotland, and when ha returned home to he thought he should honor Pittsburgh in like manner. ‘rile city council would not have any “purchased glory," and refused the offer of $250,000. Then a sister municipality. Allege- henya city. Junlped in and got the money- Puttlhg up a fine building The Pittsburghites were very angry with this. They themselves were alone to blame, and two or three var-rs later they got down on their narrow bones and asked Mr. Car- negle to remember them. “The little Scotch pirate," as Wail street dubbed him. was not vindictive On the contrary. he desired to be remembered in the city of his adop- tion. Replying to the deputation which waited upon him, he re. nil-flied. “A quarter of a million is not enough; I will make it a, million." His gifts to the Carnegie Institute oi Technology, before he died totalled $27,854,594. of which $14,706,000 was for endowment purposes. -

A! manual of Mr. Carnegies pub-

v

lic benefactlons was issued an," m, 000m by m9 Cl-Fnesie Erldowment for International Peace. 1t makes l- voiuma of 323 pp, The fffg P073110 110151’! buildings erected through his beneilcence total 2,911, at a wet of women. The num- b" ln the United States was 1.04s, cvatlns 84431541151; England and W010!- 433. 881154.815; Canada, 150, 83.082310; Scotland, 147, “b01730; 11010110. 90. 8891.738. The remainder of the_ buildings were maimed throughout the British Dominlong, 14W"! “P 00 his memorandum written when he was thirty-ope, to which reference has already been mBdm-his cash gifts for o, score o1 different purposes reached the mag- nificent sum of $350,095,000. Q! this $125,000.00) went to the Car- negie Coropration of New York, formed for the purpose of IJIOmQt- lng the advancement and diffusion of knowledge among the peopled)! the United States; Camegle Foun- dstion for the Advancement of Teaching, $29,250,030; Carnegie 1n. stltute at Washington, $22,390,000; Carnegie .Hero Funds; Camegle Emdowment for International Peace; Scottish Universities Trust, and United Kingdom Trust. $10,000,000; organs given to 7,689 churches, $0,248,310; Steelworkers’ Pensions, $4,000,300; American Red cross. $500,000; Financial Aid to mor