NOVEMBER 2a. 193i"

Announcement importance to of the shares

\

of

’ ers

dip-e o llAlllwillzmfiOl-D MINES LTD-

Peloeeel Liability)

Owner: of‘ these share: who hold 00a " the name of other: are urged to has them placed in their own nnmblv no that rflcipt will be lud promptly ofs uewolroulsrlotor descri- bing an Important and favorable dewlopment in the Qnnpany’: lluil’: which vi] mark I milestone in its history.

HALLIWELL cdzo Miuas urn.

-~'~»'_- _'.':- .

tesln

30 Si. fame: SL." W. Montreal, Que,

;2—-n- i

Notice of ilhangeinlBusiness

On and after Dec. lst, 1937 ills our intention to conduct our business on a strictly cash basis. (‘us- lomers owing the firm are roqlested to make pay. ment of all notes and accountsibefore Dec. 31st, 1937.

W. A. POOLE l‘: ($0., LTD., l Lower Montague

___ r

.4’

k. s. lllzuiuluttiii, c.r.l., c-c-l. Certified ‘ Ellblic “Accountant and ‘liullitor

Bookkeeping. systems installed or revised Profit and Loss Accounts Computed.

Trustee under the Bankruptcy Act

Company By-llflws, Minutes, Annual Statement: , and Reports Prepared.

Adminlstrtzftion‘ of ‘ Estates a $pecialty.

MONEY TO LOAN.

88 Great George St. Charlottetown, P. EJ.

Central tlnnrdiun luuan. 4a per wordy tienlernjlul lantern lire-sis, to pol worn; Anuuulluelncui: nlul Uulllllll ltwnl: 2&1 per uoru; Ju per warn; in llelnurlnnl Notices, 70o per inch; Lin: of floral and

sT0cK

THE CHARIAIFFEIFUWN GUARDIAN

QUOTA TIONS

FINANCIAL NEWS BRIEFS

(Received over Pitfleld sad Co's" Private Wire)

MONTREAL. Nov. 22~Abitibl

. October earnings before deprecia-

tion and bond interest $481,018 ag- ainst $270,970 in October Z080.

MONTREAL. Nov. n-Abitibi TCounsel for the bondholders rop- resentative committee ot which J. P. Ripley is chairman, held strongly to the view that the On- tario judicleture act was the one which should be employed and stressed the practical difficulties of proceeding under the creditors arrangement act, a Dominion Act which requires '15 per com". approv- al by each class of security hold- ers. Mr. Justice McTague stated in ' ’ that he was in ac- cord with the idea advanced by counsel for the liquidators that tho lllhiiel‘ mlsht be handled on the basis of ‘settlement in the way suggested adding that it would be in the‘ best interests of the oom- pany and all poncemed. l-le stated that he would be away and un- able lo write his judgment for the next three weeks and hoped that in the meantime there would be continued efforts to effect s settlement. Determined efforts at

I compromises were conducted dur-

10K i119 08st week between oppos- ing interests. While it was indi- cated that considerable progress had been made in the direction in Yewnllllille exlstirls differences the rock upon which the efforts split W“ ihe legal method by which the reorganization should be effected. The bondholders representative Committee held firm to the view that the Dian should be effected through the Ontario Judicature Act.

TORONTO. Nov. 22—Bsrber Lerder-Plans for electrical equip. ment and machinery for install- ation of e complete mining plant for under ground development Purposes have been received and are now being studied by officials and financial interests. A party will be leaving for lnspoclldn or pmpertv next- week. The company i‘ Officially stated to have suffi- (‘lent money to proceed with the proposed program.

NEW YORK. Nov. 22-Dow Theory-All trends point down- ward The simultaneous establish- ‘ menf. of new bear market low Minis yesterday does not predict the duration or extent of the de- cline to come. All the averages

have said is that there could be more trouble down the road. and are consequently bunting a storm cellar from which they can later emerge when it is safe to do :0. The rally to 138.48 did not 0011' stitutc a s ’ y 0071913919" °r extent to be so regarded. 0011-56- quently, the downward Pi-‘flelrlmn of 125.78 should not be taken l8 being such an authoritative pro- diction of market brllscdv Bl W85 the case when 155.51 was broken, giving the complete beer market signal. The 165.51 point was cep- areted from its ultimate lie-Milli!" tion by the boar market secondary reaction 16551-19002 the N113’ 125.73-188.40 was a minor one and the breaking oi’ 125.78 la therefore not comparable to the breaking of 185.51. We have consistently cautioned against buying into this mess in hopes of catching a. rally. I shall be disappointed if I hear that any of our five year readers have done so. ‘ll-lose who have studied Dow Jones Theory for only u year are prone to excuse the averages and accept contrary evi- dence read or heard. Bucking the primary trend of the market is seldom profitable. .Written as of the close ‘of the market Nov, 20.

NEW YORK, Nov. ill-On Fri- day and Saturday it was rumored that over the week end were would be considerable publicity about a. 5 or B point program of the government to stimulate busi- ness. At the present writing no such program has been published. Although two pieces of news sp- beered over the week end which might help. One was that out- standing industrialist or banker would supervise any housing pro- llram which the govemmeni might sponsor. The momlng Herald-Tri- bune has a story that administra- tion leaders plan to scrap the bill for seven '1‘ V. A.'s. A new bill which will eliminate altogether any nossihillvt of aliditlonalpower any possibility of additional power lls place. stocks in London are about the sane as the ‘close in New Vork Stturdnv. In view of the fact that the market rallied on saturdpv on rumor of news which has not. been forthcoming as yet. we would expect an irregular open- lnq end probably additional sell- ing, his morning. Consequently, we" would look on the fir=t thing this morning. The Supreme Court is scheduled to meet at noon.

Uiuunlleil "

w MINING

(Canadian Pressi} TORONTO. Nov. 22- V."

> 1..-1204-ll-20-3i.

can Guardian-

splrilunl Ullerlngn, turns, out, so per mania; Letters of Condolence 70c stock. , Qmgg yer inch. Notices ul ‘riulnk: and Appreciation, 70c per lnun or 4o per j _ ‘lair ulfliizyllcrdigl-tlsement twenty-five cents. I Acme Olvl '/ 0.. l 1 Alton _ 3i- _ , _, l.-- - Ajax on , 30 Aldermac . y/ 42, , For Sale Wanted olefin-l l. £3: . _ _ "__"‘ ' 135'

cnrss Corn selvoaco Ill Drugglsts- WANTED T0 BUY-COOD usun grngasgd“ l’ 2.,

‘ _ _ car. Apply Gllilfdlllll, Mnmeld // g5

F08 SALE - sbvEN (srqvllo. - _____ __ 11-27-11-23-11. Astana 31%

121 -, 11404143 ' _ Bagamac 15 =—- —~—-——_——""—’"“ WANTED T0 liET-UNFURNISII- Bgnkfleld so

FOR. sou: - liElNTZlWAN I-mNo e151} from. flfireuhdGiwlar-i Base Metd " l2

1n good condition. 98 UPPEI jeepmne- I e L-lifzfiialinfgfifai“, Besttie 7/ 136 l-llllsboro. Phone 688-J. _ __ an. , .-__ , , Bldswd ,1 4? L-laic-u-ag-g. —i-———--*-——~i~ Big Miss l 36 ____J WANTED -_PuI>lI.s FOB. PEI-y Bobjo , ‘"130 "l" F" 5*“- m“ T° ZZ.‘.ZO.“L‘.".’.‘iZ‘l...Z“YQ. ‘?1’Z’.‘Z°“v.$‘I-~ Eifilfilfii. '1 3i Mm Alfred Frugal’ um“ creel: P W .0 Rates reasonalme. Milly Buff Ank 11% ’ -"'i‘33‘-l7“?79i-f A. B. c. Guardian. 2 n m a 2.11mi! Hill éslu L-laa - - -1. a m r011 SALE - roan COUPE p ----- ~—-— Calmont as»; model 1830. Reasonable terms. 9 . Cent, Pot 293 ‘rmehfifllldlllg. L-i-il-zq-li. Miscellaneous I gen p0 “p11, '7’ ' Chrcmiu FOR. s _ ONE soup 0M} RESERVE CHAMPION Bonn n Comweal ‘ as couch. "S5101; style. A150 ma" St. John for service st George. Cfllliflrll , 130 tqmatc Phone 416. Macmillan, Covehead. C011 91111:‘: " 91" .~ L-5-1l-23-3i. L-lzea-ll-zo-al. got-ska" :3 = - -~‘.__. ’ w M‘ '-" nr _ F SALE _- PICS six WEEKS . Davies 2e u. Apply b DQnIBmgan, not e5. '10 Let Dome, 41M . L-1l94-11- a 51 gore/e! 16 rm“ ML . __-_ .~_. V’ K’_ 12:51am —3fgl.lll{tmSlgtll1geLllEATED _ E2; a a; _ ‘ ‘ SilEN- room. - l m 6,1,5”, ggxlggoallfippa, _;_ L-a-ll-Zii-Sl. Eldorso 18¢ - Mnthesotl, South Milton. _ wmm. _ gggcolrék 5%,‘ _ \ . L-c-ii-zalll. TO Llflll-RPOMSAFCRZI 1.59:1 Found‘ 16 \_ _y,___ . _, p . .

I“? "snot: on rot IStFNr gigging” n‘ _,T-,e:1.§?ili1};1_8‘2.°'_23- E5313“ fig lwelliig No. 25 Ken I00. *—" Glenow 41,5 not-waiter heated. "mmdmle TO LETy-Twp 512706112251 Gods 18KB 40 possession. .. Apply 54, _Kent moms sink, Applg 129M 111204“ old 17 Street. ‘ L-l25l-11-l9-6l. 5t, - - - - (Glgkfésliflld 9o

_____ ______rii_____ Q!‘ mg _. s NICE MALE T0 LET-TWO WARM FilnNIsiI- Gr also 4% r1085. 8:111: silvers. 0H6 PYOVE" ed rooms. Good locatlgl-zs-félill? 85312;!“ 526‘ breeder, Also 4 females. one 983. 5'27‘ ‘ ' Gum 83/5 proved lkeeder from good breed- Hakook mm hw, stockn D n. Bernard. stou- wanted m _ s 1. L-32-ll-23-3l. P l" 11 '4 we‘ l FOR "rm; at: “wigs l’ =01: ssu»: -.VERY ow s nu Wflgfliglolfilzgened at Quw“ amt lg: English Grandfather MahOQBIlY goumy m, Toy, u, b, gem, w Hqey a ilfiflgcsnzafecfittlnkekeew- APP‘? The Dyspensary and Sask. ‘geille- ‘ gel 37% nree. , _ won-a..." 1 Liiliiiilll- PM" m L or Bend L36-fl-23-fil - logo a volt a n mm a” m SALE — HDUS ' kn‘ dd 151 tlnvale, owned 1y Jessie _R. A len. Mfilfi H519 want Alrk llud 10o Nashua, N. 1-1. llltendinl plush” "l" w” 11o era apply to Ne! Shaw, Martin- ApPIENTIOI WANTEQ ke Shorg 511,; vale, ‘ L-12-ll-28-il. learn Barber Trade.‘ Shaortbél: ___ Ilgpa Cad V" export training. Moar ar 1 I Leg/a G131? is ll legs. lie-life!- ‘ be‘ _ 2% mare 1400 lbs. ‘i yous old. clisibls ==——-'-"““ “ch l4 for exhibitioman ideal animal for Lost Lime L L 66 -\\ farmer to work into supfliill‘ - , MP0“. - s: ‘stock. Also one milk 60W mp . \ -. . gesben next June. 3115111: well‘. agst-erdlusggavsvllfilzgelrllgefi ‘é with n: on Ciure Gay, ee Pr!" ' . 1 » . - - l. G nil n office. Man East I Street. ml u 2a a It us e L . $2150 , ii 0 yre ' at‘ l Work Wanted Male Insu-uctgo ‘115 witch n11: \ colmmr onu. WANTS . "swell!" :2 housework in town or country. wgevlvlggwronsgliéggr: - $3113! V l: pply Guardian Office. ' ' i‘.i2.';.’“‘-§..fi‘.’.‘;°.i$i.2‘.‘ w m“ "r" _ .. m train one" "m °' Female fig‘ w a Potion Wanted become "usrslllettlggs - _ l’ ' m . _ . . T“’°-"“ To li-llecyric WANT“) - ‘m Icnoor. rescues wisnls tv";""- “L WW1“ small minty. Write Box an mt- vmillm as C-overness cr Comillll‘ “i” pm“ s. tlon ins vases. references. m. 10n- Writo 0. care Gusrdnn. -“. 9mm“ °° p“ 478-11-28-21. 541.15g.‘

Model . 32 Monarch 20 Moneta 1'76 Morris 1g Murphy a Naybob 34 Newbec 31,4 Newgold . 9o Nipissing 150 Noranda 4455 Nordon 15 Normetal 5g Nor Can 54 OBrien 47p Okalta 90 Olga OH 4 Omesc as Oro Plats 105 Pacalts g Pamour ' Q91 Pantepec 41,4 Payore 1g Parkhill 19 Partenan 7 Paymaster I 49 Perron m5 Pick Crow s35 Pioneer 319 Powell 134 Prairie g5 Premier pop Preston g5 PM 11s Read Au 390 Red Lake 20 ‘Rem ' es Roche 9 Royalito 33 San Ant 13g Shawkey 33 Sheep Q‘ 90 Sherritt 111 $18006 330 Sladen 34 Slave LEI” u; a as Sud Basin 950 Sud Cont 13 Sylvanite 396 Teal-iota a“ Teck Hugh 51o exas 128 Toburn no Towagmac 3, chi 81 gvirigurss 49o ’ e Am " " White “ "h, Ymir "2285 are“; UNLISTID , Cen tlvlan 4 Cobeltoop l“; Del Oil 522 Foothills so lIud Bay 1B,, Kirk Town ‘In; Melroblc l“ Pm“ °r Iss Robb M0 U‘ Tdlhlfi 1a MONTREAL CURB (Canadian Press miDnKIONTRBOALél Nov. Ill-Selected "i! qu a ons on Montreal Curb Market today ‘mo: shift! clog Beanfor 35 Bounced 11 Blow-nice 5 Cert Mal 11 Duparq 8% Montague B Thomp Cad 30

MARKETS AT A GLANCI

(by The Canadian Press) ‘lioronto, Montreal and New York-Stocks closed lower. Pinnipeg —Wheat l 5-8 to l-2 cent lower.

New York-Cotton and ccfw unchanged; sugar higher; rubber lover.

New i. ork Stock Exchange

lied by Pitfleld and Co. Montreal Stock ll-

(I lull’;

l 0'7

II of

change and Montreal Curb) 4 Stock 090! Close A1 Chem 150% 148 Am Can 84% 83 Am For Pi’ 4% 4% Am Rid 12% 12% Am Th1 Tel 146% 145 Am Water “Vs 12% Anaconda 26% 25 Atchison 37 343k Atl 20% 30 Auburn 8% 8%

Bald Loco Bait Ohio 11% 10% " "‘ Av 1B 12% Beth 8t . 47%» 44 Briggs Man 21% 20 Case 00 85 Chas Ohio 3916 371i Com S01 8% 8% Chrysler 55% 52'?» Com S0 2% 2% Con Con 42 41'!» Con Ed 25% 34% Con Gas G Com Prod 56% 55% Cur Wright

eere 21% 20% Dupont 108% 102% Elec Auto Li 20 18% Elec Pr Lt 13% 13% Firestone Gen Elec 39 37% Gen Foods 291i 29% Gen Mo t 34% 32% Goodrich 1'1 16% 000d T 20% 19 at No Pfd 2s 141/, I-llld Mot OH ‘Hi 7% gilt Cent .

n l-lar 601 1v rm Tel Tel s’: sly; il<r>hns Man Cc

enne 33 Miss Pac Ry i‘ m“ Mont Ward 8474 32% N Y Cent 17% 1g lgzattl Bis

a Cash Re l New York N ‘l! 7% n“ Nor Am Co 21% 2016 N01‘ PM: .111‘ 10% Igor-k Mot 5 5 are 1 Penn R R g1“ Phi‘ Mor ms 12' Phil Pe we 391,5 93% :32; Szel Cab

r N J 3, l,‘

Pure on Co 115.,‘ 13$,‘ Radio Co 31.4 ‘ 5s‘ Radio K O 414 41g Sears Roe Co 5514 511.; Shell Union OI,

South Pac 11314

Std Oil Ind n“ Std Oil N J is 4a»; stude Co 5a; 5y, TeX Co am 3a ‘United Com 3M 355 "oiled Drug

YTnilQrl r135 10% n U s Rub zav. 2:414. " R Sl- C0 s2 48% TY H Tnd Al you, 19 TT S 7nd Al mu, 1g Venndlllm 14 “s; “Mn” “mo v14 "m. West Union 2M4 9am West Mr a 25 24v. Well F-‘lrc 9414' am Woolworth 3714 351,4

PRDIl-IIGE

Mommssin, Nov. 2a ~10?“ Prices held steady and unchanged today in light trading on Con- adian commodity exchange. .

Butter spot —Quc fresh (02 score) 20 8-4-30; Ont Srds 28a; western Srds 28a; Que grass re- graded 29 1-2-30; Que 2min (36 score) 20a; Que grass buyers-in- spection 20 7-80..

Cheese spot -0nt A-large 42a; A-medium 33a; A-pullets 30a; B- lerge 25a; B-medlum 24a; c 22a.

MONTREAL, Nov. 22-402‘)- 'l'r'a.de was quiet on Montreal open produce markets today and prices held steady.

Butter was quoted at 20 3-4-80 1-4 cents a pound for eorlots or less 0f N0. 1 with lots to retailers at 31 1-2132 for prints and 31-91 1-2 for solids.

Graded egg shipment in cerlote or less were quoted at 42 cents a doun for A-laigc, 8B for A-medi- um, 30 for A-rpullets. 25 for B- lame, 24 for B-medium and 21 1-2-22 for C.

Cheese was l4 1-8 for Ontario N. B. mts 80's .62 1-2-05; N0. 1 white and l4 1-4 for colored. "

Potatoes: No. 1 Que whites 80's 55-00; N0. 2 80's .3640; N0. 1 .60-.02 1-2.

BANKS (Supplied by Pitfield and Co.) Stoeks- --< Open Close‘ Bk of Can Bk of Com I‘ Mtl 196 105 Bk Nova I Royal Bk 170 160 NEW YORK CURB (Canadian Preset Stool: 01m Amer cyan B 5W Amer Gas Elec Amer Sup Pow ill Assoc Cm Eloc A Atlas Corp Can Marconi Cit Scrv 7 Creole Pet 31% Elec Bond Sh l0 Ford Can A Niag l-lud 8 Un Light Pow Pfd 20 Un Light Pfd 28 Gulf 0f Pen- 354i Humlfe Oil 56% Pfd 31%

UNDATI DMONIY BOX

(By The Canadian Presol Closing exchange ates , At Montreal —Pound 4.00 11-16; U. S. dir .99 58-64: franc 3.40.

At. New York —Pound 8.00 5-6:_ Canadian dlr 1.00 8-16: franc 8.- 40 i-4

At Paris -—Pound 147.10 fr: U. s. rilr 20.40 l-2 fr; Canadian dlr 20.40 fr.

l“ P-alrl -Pound 12s. 2d. U. B. dlr 58.98 cents: Canadian dlt 50.-

n"!

PAGE FIVE

. l i Nsvrouwntsua. i rsnstcs, l cum, Y ruizwm nice, DOMINICAN azruauc o Nev roak. cmcseo, nos-ran. uounon, unsure!

(‘n/lean Jimmy away . .

UNEXCELLED facilities for send-

ing funds to all p

arts of the

world- in any amount-by radio,

cable, telegraph o

r mail are

available at any Branch of this

century-old Bank.

Q World-wide facilities

inevery

deparmtem of banking

The BAN

Kof

NOVA SCOTIA

OVER A GERRY 0F BANKING SERVICE

Charlottetown Kn

OLeery Summerside

Albany Montague

5t. PcteA Victoria

Montreal Stock Exchange

(so plus by rltlieid and 0e- Mep of Montreal Stock Es- clnngo and Montreal Cull» Stock: Open Glen Bell Tel 160 1-50 Brazilian 12 _ 11% Bruck Silk 3'»; 3'»; B C Pow A 32h 32% Build Prod 41 40'?- Can Cem 8 7% Can Nor Pr 18 16 , Can Car Fd 0 8*» Can Car Pid 1B 18 Can Hydro Pfd

Can Ind Al A 5 5 Can 7% "726 Can Steam 3 3 Celsnese y: 19 l6 Cock Plow .571 7'11 7 Cons Smelt l 5014 48% Dist seag.

Dom Coal ‘PM

Dom Bridge 27 25% Dom St B 12% 12% Dom Tex

Dryden H6 I‘ Eng Elec

Eng Eiec -

Pounds. Co ‘ 14 111:6 Gen St W 9i 8% Goodyear ' Gypsum

Ham Bridge 7 ‘i HOW Smith 14% 14% Imp Tob 13% 13% Imp Tob 13K 1315 Int Nickel 39% 3B Int Pow Pfd ' Lake Woods 1616' 18% Massey Her 5% 5% McColl Ft 10 10 Mont Pow _ 26% 29 Nut Brew W"

Nat St Co! 28% 30 Norends. 4516 44 Rw Corp 14h’. 14% Que Pow l6 15% Shaw 19% l8 Si’. law 596 5 Si. Law PM 15 Sou Can Pow

St of Can 6| 0i St Can Pfd

Win Elec A 2% 9% Win Elec B

Currencies

NEW YORK, NOV. 22—(AP)-— For the first time in two weeks, engagements of gold for shipment to New York were made today in the foreign exchange market.

One engagement oi $5,800,000 was made in, Japan. while 32352.0(! was engaged in Atlstralia and $134,000 in Bolivia. European gold was still going to London and Paris.

The Pound Sterling at 15.00 5-8. French franc at 3.40 1-4 and Bel- gian beigva all closed unchanged. 1n terms of the United States doi- lar. The Swiss franc and Nether- lantk guilder were both down .01. of s. cent. The Canadian dollar was up l-32 of a cent at 1.00 3-16.

MONTREAL, Nov. 22 —-(OP)— Gain of l-l6 cent showed on Montreal foreign exchanges today for Pound Sterling at $4.00 ll-lfi while the United States dollar at 11-64 discount and the French franc at 3.40 cent held unchanged.

FINANCE l

NEW YORK. Nov. Q ~01’!- Poieign enchange steuly; Great Britain demand 5.00 5-8; 8.00 3- 16: 5.00 5-8; 80-day bill: 94.9074‘, France demand {It l-4; Italy l. 2s i-2; Belgium 17.62; Got-many 40.46; Oahu-la 1.00 8-16. I

WINNIIIG NRA‘! (Supvlled by Pitfioll nlll 0M Close:-

Crain Prices

WIMNDPEG. Nov. 22 —(OP)-- Stock market rallies near the close today temporarily swung traders to the buying side to lift wheat futures on Winnipeg grain ex- change from three-cent bottom levels to close 1 5-8 to 1-2 lower.

Winnipeg traders followed close- ly the action at Chicago where prices recoveries also were made. At the close Nov. wheat was $1.15 7-8, Dec. $1.12 3-4-‘1-8. May $1.11- $l.l>l 1-8 and July $1.07 1-4.

Only odd-car business in cash wheat was reported resulting in cash wheat prices eased one or more cents for bop grades. N0. i and 2 northern closed 18 and 12 1-8 cents mbove the November future. DUFUIIIS.EBSGG fractionally.

Coarse grain futures seemed t0 be in a rui. A few speculative orders lifted rye from bottom lev- els of more than two cents below Saturday's close. Rye ended l to 1 3-8 down. oats 1-2 to 1 l-8, ber- ley 5-8 to 1-8 and flax 1-4 to3-4.

WINNIYPEG, Nov. 22 —(OP)— Closing future quotations wheat- NOV 115 7-8; Dec 112 3-4-7-8; Ma-y 111-ill l-ll; July 107 1-411.

Oats -—-Nov 46 34b; Dec l4 3-4; May 48 5-8a: July 4.1 5-811. Barley-Nov 58 7-0b; Der; 56 54m; May 56a.

Oash prices! Wheat-N0. 1 hard 1138 7-8: No. 1 nor 138 7-8:‘No_ 2 nor 12a 3-8: No. 3 nor 110 7-8; No. l. nor 101 3-8: No. 5 wheat 01 7-8; N0. 8 wheat 80 7-8: feed 70 7-8: No. garnet 110 7-8: No. 2 garnet 107 7-8: No. l durum 92; N0. 4 spec 9a 7-8: N0. s spec as 7-52 N0. 6 spec 76 7-8: track 125 3-4: screenings 550.