MARCH 10. 1937

111E CHARLOTTETOWN GUARDIAN

‘ " “ ‘ “Nv-""'""“-""'*

PAGE? ri

FACTS ABOUT

SEAL HARBOUR GOLD MINES LTD.

Production

Costs:

Recovery Values:

Capitalization: Issued,

Ore Reserves: costs.

Comparison:

Fredericton, N. B.

500 tons a day-

Overall costs (including development, min- ing and milling. insurance and taxes and ordinary capital expense 62.50 per ton.

Present $4.59, exclusive of tailing value which averages less than .01 or. per ton. Manage- ment is confident that recovef! l0!‘ fllllre year 1937. based on actual extensive mill tests prior to installation of new mill will reach. $6.00 per ton.

Authorized, 1,000,000 shares. par value $1.00

More than two years supply above the 300 loot level. Additional ore reserves are being built up through mining costs not capital

The company is one ol the lowest cost pro- ducers and there are Iew companies in Can- ada. milling 200 tons of ore per day with a capltaliza‘

Copy of recent official interim report gladly cl requod.

Irving, Brennan.& Company nu.

SAINT JOIIN. N. B. Halifax. N. S.

904,333 shares.

of less than $1,000,000.

Charlottetown, P, E, l,

BARGAIN EXGIIRSIUNS i. Going semi-n Limit Rate Sackvilie March 12th March 15th $14710 Q‘ New Glasgow March 12th March 15th 4,40 l}.

181 Queen St.

splmuiii offerings, uni-i“, on," p, per Inch; Notice: of Tbnslkl and word. Other rate: on application.

Mire-Percale.

ORDERS TAKEN FOR AFAG- hans and cushions. Apply at Guardian Office. L-303-3-8-3i.

W. K. ROGERS

Minimum Charge for any advertisement twenty-live unto,

For Sale

FOR SALE - FARM.“_

APPLY Guardian Office.

L-326-ii-9-3l.

§II§VER—I-"E its fox. Apply George Wash, Elliot- vale. 1385-3-10-11

.\i\"'r"l~:_lJ - IIIDES. PAYING 2c lb. more than most l-iide Dcaers. Get my prices before selling. N. Mayhew, Albany. L-356-3-10-1i.

Eoviinrvliislvr JOBS - HARD to get. Be relldy for spring ap- pulntlnenls. Free Booklet. The M. C. C. Civil Service Schools,

Toronto, 10. N-28-3-Wed. 8c Sat. tf. WTTiTfWi: prisoner”. AF

cident and sickness policy for farmers at rates much cheaper than other classes. Better call and investigate its merits. J. A. Moore, Currie Building, Charlotte- town. ~

Ageuffs_W anted l -———-—i——-—i BROKER OR EXPERIENCED

commercial traveller to rvlllescllil number of manufacturers. Coin- niission basis. For fllll particulars

write. Nntionnl Brokerage C0-- Z3 Belmont, Ottawa. N-20-3-l0-2l- “TA “'_'l . , ‘“'_— t "t

Wanted

WANTElL-RADIATOR lN GOOD condition for 1927 Dodge Car. Ed- ivurd McCallum, Brackley Beach.

L-288-3-8-3l.

mefrimifiifvfifiorg Apply Charlottetown Real Estate, 214 Cumberland. L-5464-2-24-1mo,

rim SALE - INTERNATIO AL

8-16 Tractor, suitable for part5, Lemuel MacDonald, New Domin- ion. L-396-3-l0-3i.

FOR SALE — REGISTERED CLY. desdale Stallion, 2 years old. Ap- ply Hibbert Tremere, Hampshire.

_ 11-364-3-10-31.

FOR. sALs-sliolvr N liilii 11 months old. Colin Higgins, Oys- ter Bed Bridge, P.E.I.

15382-3-10-11

FOR SALE Olt EXCHANGE FOR (heavy draft) Standard bred. 2 year old broken (Kalmuck) trot-

ter. Earl Ings, Charlottetown, __R_.> fR. V5. L384-3-l0-3i FOR SALE — ONE GIRUS COAT.

Size 15 in perfect condition, 2 pairs of over drapes, one bridge lamp. Telephone 1284.

FOR SALE-SEVERAL DESIR- able building lots in one of the best residential dltricts in the city. Apply Enslem Trust Com-

St L-299-3—8-3i.

To

pany, 154 Richmond

WTiNrsBlA T nANnElc.’ Box 374, Charlottetown. 11-342-3-9- .

IFemaIe Help Wanted

Wirvren-A omit.‘ I-EORt 51:10:18- k.Appiy 13 C esnu ree. w" L-322-3-9-8i. FvTrirEfi fizTl/rfalr: fie so housekeeper to do housework and plain cooking. Apply stating eX- perience anrl references to The

Kings County HOSPHM- Mm‘ tggua, L-339~3-9-5l.

Professional Bards EGAN & C0.

Chartered Accountant

I40 Richmond SIN“ PINK (‘l-

2.0.8028.-

MONEY TO [DAN

M. ALBAN FARMER IABBISTEB, SOLICITOR. ITO MONK! T0 LOAN

lanl of Canada Bldg. Charlottetown

Alex. W. Matheson IAIIRISTEIL UOLICITOI. ITC lloneyto been Collections Oillcoi l0 Croat Goa-u ltrost

T0 LET-TWO FURNISHED rooms suitable for light house- keeping. Very central. Apply‘ A. B. Guardian. L-363-3-l0-3l.

TO LET——BED-SITTING ROOM. Phone 342. L-346-3-9-3i.

Lost

LOST-SATURDAY AFTERNOON ladies gold watch Finder leave at Guardian Office. Reward.

L-303-3-8-3i.

filir ‘I‘nLAclr"_'c' 6 v s n n? note book. Finder please leave at Cudmore Bros. L-368-3-10-3l.

Work Wanted MARRIED MAN WANTS WORK on farm. Apply Guardian. _ L-323-3-9-9i. EYE-rs?“ mmifcioiisrnforiiii wllnts work. Apply "V" Guar- dian. L-Siiil-3-10-3l

For Sale or To Let

House and Land situated 217 Grafton St. Size of Land 43 ft. x 165 ft. House in splen- iiid order, ready for occupa- tion. Alllllv

L. M. POOLE & C0.

-.1".'.“"3"'“

afternoon when the calling of a ; strik ‘ iinri

l srock‘ Q7110 TA TIONS l

MORNING STOCK LETTER

(Received over I'll-field and Co's Private Wire)

NEW YORK, March 9—The lat- estnews regarding strikes in De- troit is as follows. strike at Chev- rolet plants have been temporarily settled. peniing neg- ildtions. Chrys- ler officials and union officials {"111 " at i? A M this mo.n- mg to iry and settle their diff :1" emf“- Bflsss Mfg. Co has curtail- ed operatlons while the Chrysler Dlants "are shutdown. New strike develfillments yesterday took the market somewhat by surprise and we think the selling was well taken. American Tobacco statement for 155i Year was unfavorable. Com- Pally reported $3 70 on the A. and B- stocks against $4 47. Johns Manvrlle $5.13 against $2.19, 30;. dell Company $1.80 against $1.10. Dividend meetings today include Bulova Watch and Island Creek Coal._ We would look for an irregu- lar firm market today with better Drives for Anaconda, Kennecott, Phelps Dodge. Standard Oil oi’ N.

TeXfl-i Oompeny. Gulf oil. Barber Remington Rand, National Cash Register and B. and Ohio

Breweries 1936 earnings declined to $2.18 per common share in con- trast with $2.46 preceding year and dividend requirements of $2.00 per share. Net working capital increas- ed from 85.240376 b0 $5,762,231 dur. lng the past year. profits due to increase in sales tax and B Slight decrease in sales. '

Darkwater main vein I135 been intersected on all three levels ac- Wfdlllg to the president. Present 3li8ft is down 425 feet. Drifting is now underway on all three levels, Net Working capital at end of year was $131,133.

NEW YORK. March 9—-E'xport copper 16 775. Domestic 16.25. Zinc and lead domestic U; S. prices reached new high levels of 1.50

J-. and California, socony Vacuum,

L

MORNING MARKET LETTER

NEW YORK. March il-The mar- ket opened on large volume but price changes were mixed. The practical strength was 1n the sec- ondary rail issueswLittle sustained headway was made in any divi ion throughout the day and in the at the Chrysler plants was} need the market was forced to a orb heavy selling with the tape running six minutes behind. This selling was relatively well ab- Wrbed. however. and price changes

, on the day showed numerous stocks

with worthwhile gains.

The metals were aided by fur. ther advances in the price of lead to ‘l 1-4 cents and copper to 16 1-4 cents. Now that Chrysler has been called upon in bear the brunt of union demands, the stock will Probably be watched closely for an indication of the general market trend. It must be said that yester- day's decline of 3 1-2 points in the rtock was moderate enough under tire circumstances, and considering ‘talée great earning power manifest-

Last year we should think that Support should develop before the decline assumes much magnitude. However. the market as a whole having advanced impulsively in the past week may be in need of some consolidation or correction before making further upside progress in a broad way.

Laidlaw and Company.

Douglas A- Mulch, Mining Service Says

Our opinion present prices many gold shares offer outstanding profit possibilities. With favorable de- velopments containuing public in- terest must return shortly to more promising is‘ues. Established divi- dend payers particularly attractive from yield viewpoint, while prom- islng junior gold into or assured production hold outstanding spec- ulative promise at present prices. Ground work now being done for unprecedented mining boom in north to follow after break-up.

Mutch.

BARING MORNING LETTER

October cotton had a normal- technical setback after its 1 112 cent advance, but would hold it for the 15 cent level. Both the Indus- trial and rail averages made new high; and so did a number of in- dividual is ues. I repeat recent ad- vices to hold to the remainder of your committments that have not yet reached out selling figures. I would remain long of the copper stocks. as well as American Smelt- illg and Refining, which was up 3 1-2 points today- Sell half around 102 or 103.

Phillip Morris which I said a few days ago was still cheap below 80 cioied at 81, up from 79 1-2 Fri- dny or Saturday. while Amerilan Tobacco B which I said reveral weeks ago was not recommended. was down over 3 points today. Doll’t buy it yet. but keep long of your Phillip Morris. International Min- ing Corporation again recom- mended at 16, where it sold today. closes at 17 and I expect 10 points more in it.

Vanadium recommended daily when it. was 33 or 32. made a new . high. 38 1-4 closing at 37 1-2. Take no profits yet. American Rolling Mills on half of which I said to, take 10 or 11 points profit near 45. went- to 44 1-2, which was near enough. Keep long of the remaining half.

Macy, repeatedly recommended between 53 and 51, got up to 58 1-4 closing 57 i-4- Should go still higher. Chrysler reacted sharply on the strike news. but I do not expect to see it react below I24. would still hold it. Brooklyn. Man- I hattsn. Trans. broke its last low‘ by a fraction. It can be accum- . united on all weak spots and will again sell well above 50.

how York Central got up to 53 1-8, closing 52, near 53, you might take profits on half of-it; but keep ‘l the other half, as gell as the other rails that you rtill have left. Holl- ander sold above 30 and can still be bought around.20.

Werthing. Pump and Manuf. dup-

ilcated its recent high 47, don't sell

yet

You can still buy Indus. Rayon 37 to 36. Lcckheel l4. United Air- lines 21 and Mengel around 14

, Baring. BANON MORNING LITTER.”

MARKET BULLETIN

(Received over Woods- Reade and r

1 - WC

and 7.25 cents.

Special Wire)

——¢

favor higher prices, ‘subject of course. to telnporariy dips. The

powerful support which appeared ‘

for Central around 51 1-2 leaves little doubt that the stock will lose no time in starting a runup into the 60's. Hold all positions estab- lished lower down and buy more at the market.

Another rail which acted well on yesterday's sell off and gives every indication of starting off on a sus- tained upswing is Delaware Lack- awanna. Hold present positions and buy more at market

Other rail: attractive at current .level include Delaware Hudson, Pennsylvania, Illinois Central, Southern Railway, Great Northern, and Northern Pacific.

Both American Rolling Mills and Vanadium not only made new lrghs but managed to close up on

y the day. Buy for further advances.

Yesterday's dip in United Alr- crait does not alter the bullish trend established in this issue. Buy lneor last night's close.

tlectrlc Bond and Share-buy and exercise patience.

Trend in the Canadian Division remains bullish, showed signs of resuming its advance. If you did not establish a position yesterday. suggest you do so now.

At current level buy Eldorado. Canadian Pacific, Imperial Oil, and Power Corp.

Golds sold off a little further yesterday. There are of course golds like Wood Cadillac, Ventures, and Sladen holding up better than average and may for‘ that reason be bought in moderate quantities. The majority of golds however, are not acting satisfactorily and new purchases on a broad scale may for the present be deferred.

Banon. SUMMARY

American Tobacco Company 1936 net income 820183.821 or $3.70 on common and Common B against $24,262,643 or $4 57 in 1935.

Oil and Gas Journal estimates crude oil output in week ended March 6th at 3.308.859 ban-els daily, gain of 12.009 over preceeding week.

Studebaker Corpn. 1936 net prof- it $2,187,793 or 61-01 a common share. against net loss $1,975,622 in period March 9. 1935 to Dec. 3i, 1935.

Some of the department sun-es in New York metro area showed sales gains in February of 6 per cent to 8 per cent over year ago despite one less sales day and one less Saturday than in February 1936.

American Machine and Metals net profit $1829.

United Fruit Company declares regular quarterly dividend of ‘l5 cents on common.

Canadian Pacific Railway 1930 preliminary net income equal to 4 cents a common share against $2.- 06 a sirare on preference stock in I935.

Johns Msnville Corp 1936 net profit equal 15-13 a common shore against $2.19 a share in 1935.

Murray Corp of America 1936 net profit equal to 98 cents a com- mon share against $1.54 a share in 1935.

NOON COMJIENT

The rnll= and steels were stron! and active again this morning but leadership now BDPPBTS t" be swinging to the oil group and the metals.

We think the oils are reasonably priced on earnings as a group and could extend their advance while the metals should remain buoyant as long as metal prices oontirllle at current profitable levels.

Laldlaw and Company.

New York Curb

.._i_-

Supplied by Woods-Read l Co.

Illlflil 41°" rim (‘inn ll 3V5 Am (his Eli-v lint 34m (hi5 Eli-v 2"! (‘on .\lllr 4h (‘n-rile I'M 2-‘ Elm‘. linn-i sll 1H6 Nina’ Hull 9's [In L Pow A Iii FINANCE (Inpplied by Woods-Bends

and Co.) Iliir gold 142m 0541i off 54d. Silver 20 7-ill off ‘V: Sterling 4&1. unchanged.

‘VINNIPEG \\' IIE.\1'

(Supplied by Woods-Reade all (‘OJ Silivnlfiifi.

MONTREAL. March ii-National

Reduction in '

a W

I i 0 i ~ d i Price Brothers Si. Company, Llmite , 5% First Mortgage Bonds, due 1957 5 , I l . l ' M0711’ 1'86! These bonds afford an opportunity for investment ‘l ; on an attractive basis in one of the leading units i. StOCk 5x65111188 of Canada's greatest manufacturing export —-— induct (untied byufltluieeilll g co. W‘ numbered on took - _ - , lnkx‘ .5‘ on” Hunk,” PflCe o 3nd lntefe§t i] Yield: 5.07% ' k O CIIJ _ , a $511" fir}: 175,", 1g; " We shall be glad to furnish 0011166 of the offering ii-ilz an '-'-\ >4 " -"' _ llrlwlfiynfllk "'4 9'13 circular upon request. . . _ , . . . . _. ._ F l ..'.'....9 n... _ _ _ Roya Securities Corporation (‘all Iliil Al A Riki! Emmi"? Limited Elli-lam Charlottetown _ _ y k and L m“ hmmw, phom 323 OI/lces throughout Canada; also in New or o n k (‘lurk Plow i 7 (‘oils Sillvlf , l Dist Soul: Ilolil (‘nil Pfd I __ ,___,__ an: i l’; ~ — r {glllllll Tex . PX OH ""'“ ""'° ‘ MINING W" B New York Follllii (‘o . in-n s1 w ——-—— l l (lirililgvflr (iypsillil i Qgnflhfl b, WOOIIS-Rtld I C0. . ll lll Hriilge 1 I -\\' Hilllill ———— . ' 1131x1111, i (supplied by Pitfield a Co. _ in: Pow l-m members of Montreal Stock ‘mmk, UM" Mk, “qmqs Exchange and Curb Market) _, l ":l.-'5|-,\' iliir ' .\llli-rll|;li-_ hf‘; lli-(‘nll Ft . .\ll'.\llliill‘|ii F ' ll ‘ ‘ii i . . 1i r ‘W’, ' $15-11? o-.. n... m" 1.1;,- (lorrected For Evelq : s ‘ - - \-‘3.’.-...‘n§," A, (W, ...,., ., .52. ihluyll 1,3 d sda & Sal was; 1M }€‘.‘;'.".“.-‘.'".‘J. r=1 W e n6 y . _ _ Alu For Pr . l'-".~.- I _ "_ 5' l 2hr... . 111i...“ ‘"" urday s Issue. §‘/ ‘ v , Aiu ‘ll-l 'lil 1781,; 175 “II mm] 1: dsui“ H“ “'“ “'“"" lilH-Lili-nmri l‘! “i ' "."~ lll" PW Alillvnllllil (my or L - s” 3;... 351.11g, unalign- s: (an “PUNK,” w} g3... liulljil _ _- N! Vim PM Al] fr“; -§y,i' ;;_3,." lll-oil 'l'r “if (“h p vh H‘ “rm Eh“: A \llllill‘ll I31! 31 a lmnmh’ Auk 1K." (" ‘uh tlmlhn l Will Elcc B lllilil Loco ::€"',]‘,\_mi||~r 144i Plfrldyrilliri‘ pk i _ .,____ lull (llili- 36% livid: 1.3;, 1,.“ 44o "iii-nip! aulm ii Bl‘lllli.\ 1\\' v I 1M“ M” -_ 4m“, ., . l7-l §gviil >1“ new». ioziy, Wm m“ in, in.” \' blllllligl F ‘o: l r a . .iu . .__.,_ . '; . <~ -J '_- For?‘ 106 iii :.I':;'I':_IHU:;;“may! llHluiniiin-s rilw- llr i (‘l . ‘r 1’ l ll Ilil lllll ‘ 3 ll‘! llO i2‘ . \’l;_'~'|lliil"fi ILHATI1HV l , lryn \'l‘ ‘.1 _ l; nil-ins y: - (apples y, Hm,“ i m ‘ll-loin Inl li-ffik k gnu Iii-PH; pkk w: mmhf. d Manta‘. Sh“ (Inm I 51:15 gm, azniil. iii inf,‘ In miicnrll min-m) l l-llil ‘dill (‘o 27.3%; ,2? l‘.'.'.‘{f',..'.’.f,'.‘§ ':'iii-li“l_'rlilhl 1.~1,|,,,..,,{,, gi-‘il villi-roll uni-b ur rg ‘i; m‘ 51m lmi- s umm‘ 0pm Close lfififgllt Tlfil/ £2] llyilrrkmge 1.18 a l\il|lll'lyi“rl1 wit; Bk Cu‘ hive Allin M; _ _ , E;|'_',':U,.,|ur g1 ("fvflili l; ' w» m 533.25..“ 2:;- r 1.11%: . n 1. - . ,. 1' m, K-ffvn 5 236 q iii-n l_.l.. o1 or»; }§',','_','.',',f, m, Uiilnilh‘ A Royal Bk ‘u fiff: Emu“ my‘ 66% Ulililiiill‘ (ilnld '3, llliililIlvll m“! m“ ml.- - tiuoii T 4214, 4m "m" Uzils bun ' m m» Pfd s41: aw Produce Pflces Hull .\lut (far 2on4: 20-1: lll (‘on an‘ as ‘ m jut liar H hilt; 111m,‘ MONTREAL. Maren 9-(cP>- '.,"..‘..f.‘"n'..‘.‘.' ..‘;‘."~ .19.‘- Montreal Curb Wheat, Nor. No. 2 $1.43‘ barley c Kflllill-rntl. ma? 011;. W. No. 3 92 1-2; oats reed m’, Miss l‘iir~ Ry at.‘ s»; 62 1-g_ N‘, g M L2. ’ ' ' .\Iillit wiird 07v n" (Supplied by Pitfieid it Co. a as 1-2. ' oats’ C'w' NO‘ il-“rciqnn Jill‘; lsqiili lluxemhangeben Mrcuriiontnilli w Flour, spring wheat; pdtents firs“, inn Ills " ' ° "l ‘"' Bo; seconds “m; bakers @710. nnl (will. no; in»; any, I Vgllggowhegitt platens. choice 55,55; H sirloin; Uni-ll Clo-m - I W e corn $6.40. \'nr i':ic zeal, m, . . Bran, ton $32.25; h - l‘.'i|-k .\l.,l ring 11" “""_'"' p P ‘S325; mlddlmss’ ton sgfivlgfisirollvlz: Ilallrfillifillll}: n u’! - 9:“; 08b5, bag 90 lbs. $3.85; hay: NO 2 1.1:‘? “m. I'm- ll:.-..ill|i~.--i.~ per ton. carlots $9. ' ' i'lill lu-l (w. <1’ 1,915“ cheese’ ontarm 13 b‘ lzusi 'i'.-l on», _ _-._ ’ l.;l""\.-n,k Butter. 2s 1-4 to 2a 3-4 i-iiiZ-‘Tiii in‘ ~75.’ T‘ "u" 11'1" Eggs in cartons: A-i l’ - Rzliiio c. 1'5 J 1'11"‘ ‘i’? """ i 5'1 medium 35; A-l bullet??? 2:: "mu" K.‘ O S‘. i]? l’ i‘ s-‘li r. '1' i? large 25; A-medium 2a. ' §§-'§.‘§l,"'ii'I..-“§-n $151,, 1.1.3 it)?’ I-"uil Potatoes: PELI. No. 1 Mts 90'». sin-ll Union oil ' " nil?‘ H" “""""' $1.75; N B. No. 1 Mts. 80's Q45? iziliiiilinlcrlhm I .9: lnrlllniz-Hpil Que. No 1 Mts_ 30-5 $140 ' I'm, o“ x J 7,," Th: zi-r. iill in-n- . '- -_ __~ __ :4: .-»l-i...A _' prliggNTuRlsziAL. March s-(cr>>_ $121140"! u , w. i-‘i. V I tn ,‘.‘_‘.,.' ' 3,, l’ 9 Bellqra-lly unchanged l-"Hpii lll‘ ‘k ‘ "ulnnun; w l-n. rm ngl/ no zntslvtlogtreal open produce mar- i‘.nn-.l i». }If'r';'"‘~"""'" Q1‘; ion-nil..- s. 9 o 5Y- Uiilii-il lirll: ],|',.k'|',. ‘W,’ W? Graded egg shipments in carlots 75m?“ ‘m’ “n? vlninn-i- 55?. ' ‘- or less were quoted at 21 ts I E l-“m- ""' "m" “ y’ dozen for Fade ‘Hum ‘scion A. 5, .3 m‘. .1] '.;..,_,..._._ inn... y, Currencies medium and 19 for A-pullets. “l"“""""' l-ii-l-‘irlilnr r‘. Dome 11in Butter was quoted at 2s 1-2 m ,§-fis','“','-,,{f,',}" Roi-l lull- Y-ll" urzw YORK. March 9-iCPl- 26 cents a pound for carlots or less “out Ail‘ a w", fijff, Leading European currencies moi offil No. '1 while lots to retailers ‘Kw W" irf-I... ' m: ed upward against the Ulnlc were 17 for solids and 27 1-2 for “ ‘mmunh llllrllle lllh States dollar today influenced l: Dflllli- "M" “m” .3,“ a good demand for French mun. . Cheese was quoted gt 13 1-4 etc i- ,l\-{,:',','m_‘\,,,,,,,;,, 2.‘... The French unit gained .00 7-l ll Pound for Ontarios while Que- 87 of a cent to 4.57 1-8 in New You becs were unquoted. Banks in“; Pound str-rlirlg gained 1-2 ofa (u; MONTREAL. March 9—(CP)- -—- 5);. to 4.8a 1-2, Netherlands gllilul; n Prices held steady on Canadian (sllvllllvfl l‘! ‘Vwllfl-"Nld" "d C“ 18" were up .91 of a cent ..nd l.l cilmlllfldll-Y Blwllflllg? Produce sec- H“ Swiss franc added the sane fzn»: W!" lilidfly- 9n tion. Canadian dollars ogre lllr Butter spot-Que. regraded 25 Banks (‘low 1\‘2.' changed at lml‘. 1-4 t0 3-4: ue. bu ers-ins on " "" AL Mal-ch fl-lf-‘Pl- Q y Dectl B k Ch" . MONTRE . 25 1-4 to 3-4; western regraded 25 ‘m " -'|~I‘,‘,,k,,,'.‘,"“" 11'. Pound sterling advanced 7-ii; cor 1-4 to 3-4. (‘nninin '|'I>\\:l"lllll0 iii’- on Montreal foreign cxclrlllgcs lo Cheese spot-unquoted. (xLI-‘Illlgujrvlf \"-_-n| on 2+", dny to 4.88 7-16. 'I‘lle French frnn Bass $D0t~Ont. A-large 21 1-2a: xj,{.‘,‘,"‘§,'.,,,,,, ivlilvr-Milllillr-l 4m’ " gained .01 cent at 4.57 nus wlni 1\-zI:6dllilm 19 l-2a; A-1 pullets 19 Illrylll wlnnl (“nil 11w- tlie United States dollar lvlllallle - . I- \\'ri;.'lll lint on