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"STOCK QUOTA T10

THE CHAR

l

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if

d Morning Stock Letter

' (BeeeINILoVer Pliilold and Co's ' ‘ Private Wire)

msstinsrtbdsv.

~msor, National Lead and Rubber- old, In view oi the absence o! im- gyollflfllnt in news thia morning, w; market will probably repeat w '5 proforma-nee, irregular put with some strong spots. Under- wne oi liquor stocks is rather good. ‘Also the iood group ls acting bet- ter than it has ior a long time. we would watch General Motors vary carefully on this setback. Ii volume drins up we would not be surprised to see this stock one oi are leaders in the next rally. Still also like action oi Northern Paci-

ilc.

NEW YORK, Feb. 25—For var- ious reasons some liquidation ap- peared in stocks yeslerday mom- ing and stocks driited lower until noon. Then activity decreased greatly and the market rallied to some extent. On this rally traders evidently bought stock and when strength iailed to carry through in

close- The turnover oi something over two million shares on weak- ness compared to the much larger volume on some recent days oi atrenf‘ would seem toshow that there is still an unwillingness on the part oi most to sell stock. In addition brokers debit balances have not advanced to any consid- erable extent lately. The disap- pointment in yesterday's market was probably due more to trade news which was not as optimistic as 1t might he. However, the ex- traordinary ‘weather conditions are playing a considerable restraining part 1n business developments and many trade authorities believe the low point ior the next several months at least 1n several oi ur most important industries wlllqbe reached in the next week or so. This point srould be iollowed by a considerable expansion in trade activities. Consequently, we doubt if the selling yesterday carries very iar and we still think that the trend remains irregularly upward. The sugar group was a strong fea-

the last hB-ll’ 110W. the same trad- ture yesterday and should carry ers, accordion to ilwr brokers. iurther on the upside.

sold over two million shares at the

LIVESTOCK QRA 1N

(Canadian Prua) ' ' - Fsb- 354mm (Canadian Press) were barely steady and trading WINNIPDG, Feb .25-Trading

moderate during early dealings on Montreal cattle markets today.

Cattle and calvu were steady. sheep and lambs iirm while hogs remained unchanged.

0n the cattle section the. iew oiierlngs were mostly plain to medium quality butcher cows and these brought irom $2.75 to a4.

1n the caii division prices were steady considering the quality oi- iered and the bulk oi sales were made in mixed lots from $8.50 to

$9.

Bacons ied and. aimed brought $9.75 with the usual $1 premium on selects. \

On the Maritime market cattle trade was quiet and ‘receipts were mostly of lower grades. Good steers brought $5.25, cows $4, cut- ters $2, canners $150 an bulls sold ior $8. , -

Top veal: brought $7 with oifer- ings very light while grmserg we" cliered in larger numbers at $3. Hog receipts were heavy and bac- ons oi rail grade brought $11.50, oii cars $8.00, oii trucks $8.85. Bows oi rail grade were $0.

Neui York Curb

(Supplied by Pltileld and Company Member! oi Montreal stools exchange and Curb Market)

stocks Open Last Amer Qua Elco 40 40 Atlas Corp 15% 151,5 glltocsiird at 1'? '5 13* mm A . M‘ Nlag Hud 0% 91g (Canadian Prose) Stocks Close Amer Cyan B 37 Amer Gas Biro 39 3-8 Ami-r Sup Pow g 7.3 Assoc Gas Elec A Atlas Corp 14 s-s Can Marconi 2 3-8 Cities Berv ' 5 1-4 Creole- f " so 1-4 Elec B ' ,. 7.0 l-l Ford or 0' _ 2s s-a Guli 011 Penn, , ao 1-8 1111111113111 Rei 89 D 23 4 mt Pete Nita Hud e r-s Std Oil Ken 22 ‘ Un Light Pow A 4 3-8 39 1-4

Un Light Pow Pid

MT’L. CURB

Qvrnuea hy rim-m and Company emhera oi Mnnjreal aloek exelrnnle "I11 .Curb Market)

Blocks 0pm Ii“; B A Oil iiorar Stores 22 2W‘ )1’ A r l) r In“ gab -ll'/i 20 m9 ll g3 {pier Pete no am rlvbsrl A r114 1r Walker Q0911

on Winnipeg Grain Exchange to- day was oi a sporadic nature, with local buying ior export and light offerings combining to send prices iraotlonally higher. .

Strength at Chicago also ‘aided in the irectional advances regist- rrzd during the featureless session, At time: the pit was deserted.

At the close. wheat futures reg- Btsred gains oi 1-8 to 3-8 cents a bushel, May closing at, 84 3-8 cents, July at 85 1-4, and Oct. at 34 1-2.

The cash wheat market contin- ued on an odd-lot bESLs with a little activity in the top grades. Trading in coarse grains was dull. with some interest centering in barley. Coarse grain futures mov- ed in _a narrow range and kept close to previous closing levels.

Currencies

(Canadian Press)

NEW YORK, Feb. i5—4terling and the French franc were slight- ly.lowcr in the foreign exchange markets today. The Canadian dol- lar held unchanged at a premium 0f 1-B oi one per cent. The pound was oii half a cent at $4.99 3-8 and the franc 001-8 of a cent at 8.87 5-8 cents. ',

(Canadian Press) MONTREAL, Feb. 25- Pound sterling dipped 13-32 to 4.98 39-32 on Montreal foreign exchanges to- day. The United States dollar at 89 7-8 and the French franc at 6.66 3-4 remained unchanged.

Mt ’l. 1 Stock Exchange

Illllelnl uml Conrpl"? atorls nxehunae

(Supplied by Members oi Montreal and Curb Alnrkci)

Open Last

Biooka

Abllllrl Buthurst cl

Can Pow

N01- l"" Cur l-‘onuli Coruenh lml Al, Pac (‘chins-re

(Inna Smelt lllsl Hing llorn llrirlpr Donn Slot-i ilonr Tex

Mutual-y liir-(Jull lfiput Mont Pow Nut llrvrv .l\'nt Si (‘ny l'()\\' Corp i-llrnrviulgun ilou (fun Pow ‘ BANKS

::Barbei."s Itch and Ringworm are reilev d by ‘the use oi Doug- las‘ Egypt an Llnlment: ‘Nick, cer- tainrssults. Relieves the most ob- stinate crises.

1v. Y. Stock Exchange

(Buunlieu t; Pliileld and Camiiaoy floats»! Stock exchange

"*1" Open Last Al Chemical 1 Aln Cnn 31813 m2}: Aur’ For Pr 1 1% Aui Loco 35 34 Am llud 34% .3“ Am Tel Tel 174 111 ll.l Wutcr 32% g2 Anaconda 34% 43* Atchiuou 7U . 74% Ail lit-i 31% 31% Auburn 44; 45% liuid Loco 5y. 5 Bult Ohio '_I~_ g2“ Bendix Av 34% 24% Both St 51% 5a lion Arr o 33% 33 Brings . an 55y, 5-; Cnu Pac ily r5 14 C080 1w 113 (Bliss Ohio 5g,‘ 53 Chrysler 97 9.1% 110m Sol 23% g3 C0111 Soil 33 33 Com elo 3 3 (fun Uun 711A 75 (‘on Gas Co 33s; 33 Corn Pro ~‘ 711% 7g Uur Wright 13% 5 gfiflelll ‘T; 71 ‘l’ ~i ‘K 142 EIUI.‘ Auto Lite 4 ltlilc It R 1% n’ ‘ ruatoriu ' (icn Elec 33:1 g2,‘ "('11 [Foods 215 84% (ion Mot .591,‘ 53% Goodrich ‘U1 11% Goodyear Tire 211,; 21% iluil Met Car 17% 1g}. "Him Mo: Cur 3 3 I11 (Jen guy‘ 25% int iiur fifll,‘ g9 Inter Tel TB] 11% 17 ilolms Man J3 121 (‘winner-cit ‘ ' i - Miss Puc Ry ‘E2? ‘£3623 Mont Wurd 33% 33% \iur (‘orp gov‘ 19% Nail Bil-l 34% g5‘ Nat (‘ash Reg 21% 31% New AYnrk N ll 6 i5 ‘or ur Co us» -_v Nor Put fir,“ 352-}; Puck Mot 11% 11 Purnnruunt 10% 10% Penn ll R 311/ 311% Phil 1'1’! Co.‘ 4:1 43 Pub Scr- Corp 45 44* Pun» Ull (Yo 0 ' ilailiu (‘orp fizz: fir,‘ liarliu Keith Orph 8% 3 Scars lloc . 2 (12% sat-u l‘nlon Oil 18% 13% South Pac 3111/, 35 Sill Oil lrrrl 33% 38% Sill (ill N J Q4) 59* Studebaker 13% 12 Tux (forp 34% 34 llnllcil .\lr 291;, ma‘ Pull-ell Corp 7% 0% United Gna imp my, 1594 U. S. Rubber 1ll 18% U S Steel Co 112a (r116 Vunutiluur 24% 23s‘ Warner Bro! 13% 13 West Union 339g 3g \\'cei. Air Brake 419g 451/, West idlec 118%, 115 Wanluurtb 53% Q

vrlfriiiirs nutritious

Wednesday 8r Sat- urdays Issue.

PRODUCE MARKET

Hay loose, cw? 55¢ iiny pressed. 15¢ Straw pressed 19¢ RETAIL MARKET

(‘nlcry hunch 59¢ Onions llr 4.7g Beets pk I,

Cnrrnta lb (q Uulcrv lu-ilria 15c Polnioos pk 20¢ Apples do: 15.25;; {puller 11k 3045c '1urnlpsg.l for 10¢ Splnnlcb lb 19¢ Parsley huul 1;; Cnbhngo head 1540c Veal lb 12.144; Ilnasi‘ bee! 14.2% Stcnl: lb 15.20,; lice! qr _ il-Sc Stow rnculs '. 1943c Chicken S1 00-8115 Fowl R0~$L3li hiutton 15-180 Buiior- 28c Cream 4m- Eggs dos‘ 30c

FISH

Cori rlry lh an (‘or-null Mnvkorel each 15r- Hmlrlnc-k lb 10o

MARK STRIDES OF 50 YEARS

LONDON, Feb. 25. (CM-Brit- ish women have steadily invaded the professions and industries. As a. result, there are in Britain to- day: 868 women iron-mongers, 2.- 905 women tobacco merchants, 21 women makers oi bricks and pot- tery, and 80 women 118F889 P70‘ prletors

Companions ~ ' For 5O Years

III all (mo, quot THU!‘ CIIIWIKC wears well. In am: can: m sailniyflvr lllvea that mam ma: tam N0 (thee-term letaeee and ' l moi- can.

0L0

all acclaim ular ite to '

It's always the correct move to offer "BLACK TWIST" CBIWING T0- BACOO to any man whoclwwa. They

ti?“ “mm tobacco (let a braid t "stihrglidvrsr" is your favor-

warm FRIENDS MEET

the nut-like flavor and of the Island's moat

op today.

Willi" MARKET

.C0rrected For Every ,

1

, . a . HIKING .. .., n, .., .- ' C Ian Paul) ‘ TORONTO, Feb. 25- smirs Close g Acme Oil 25% on 4 ax 011 85% max» 28 I911"- nglo 400 Arntileld 80 Aahle 19 Aatora ,5 Bagnnrac 80 Barry H 4% Bcattie 180 Base Mel Z Bobio 11% Bralorne 510 R 8% Buff Auk 4N Buff Can 4% ' Blink illll 1d Cal Edrn 124 Cal Oil l2 Can Mal 110 Caribou 1B6 Caatle 'i.‘ Cen Pat Chem Bel 125 Chlboug 08 Cleldcy 4 Common W P 1| Conlagaa Q25 Conlarum 247 Douro d’! ' Dom 10x '0!‘ Elllorado 115 11‘ Bridge 010 Fed Kirk ‘I Drnnklln 1% Iioda Lake ilil. ' Goldale 21% Cold Belt 30 Gdodliah 28 Ornharn i! Granada .23 Greene 30 Gunner l0 Hulcrow 4 Hurrl Rock .6‘! Hnrlrer B Bligh Bar 10% Ho linger 15% Homestead 28 Howey l5 J M Con! Kirk Hud Klr-k Lake 48 Lake Sb 511,4 Larnnque 1254s Label Ore 2i Lce Gold 24 Little r. i. roo _ Mucaasa 44d lllan East 15% Maple r. 12y, llicintyre 44 McKenzie 143 McMillan i015 McVlttio 85 lilflVniterl I44 Merl Oil i‘! Min (torn 140 Monela 11% Morrla l 58% Murphy 5% Nervbec 3%, nipissing Noranda 45$ Nor a I l5 0'Br en 5 Payrnuter 75 Person 140 Olga, Oil 4'4 Pet Coll .410 Psmour 410 Pick Cro 410 Pioneer $1030 Premier 101 Pros Air 1 7 . Omega _ 0 Read Auth I84 lied Laka s3 Reno Gold l1 Bochc ‘W; Boyalite l5 Quebec M I05 8...: Ant 300 Bherrltt 115 Siscoe 326 Sou Tlh 5 Stada 35 3t Anth ‘l8 Sud Baaln 440 Sud Con! 1595 \ Sullivan i Bylvanlta 888i Taahuta 42 ack '88 Texas 275 Tohuru A88 Tovvagmac ll. Venture! 287 Waite Amu ‘.108 Wayside J8 White Ea‘ 6 Wiltaey C 71),’; Wright H M0 Yuilr Y G 47' Total salsa 1.551.000. IJNLIBTED Alderman 11. Cen Man 20 Church B 0% Co Cop 875 Cobalt r14 Dal 011 G5 llisst Cr ‘l1. Home Oil 130 Bud Bay 21K IiliLk {Iowa 20 In o ar Malrohic Mandy 18% N iluuk 3 Nordon 18 Oil Sci ,8 Oalsko 1 Park Hill l Pawnee K 4% Penil Ore 101 Pore Cro 111,5 Preston 4% ltchle '45’; Robb Mom B Sud Mlnea 5% (Canadian Preaa) TORONTO, Feb. 35—-ThQ min-

ing section oi the ‘Toronto ex- change ran into selling squalls to- day- and prices were swept down- ward at the close. The gold index lost more thantwo points and misofilaneous mines nearly (our poin .

Wide losses included 35 cents ior Buiiaio-Ankerite, 20 ior Little Long-Lao, 20 icr illacassapfl ior Pickle Crow, and l0 ior Quebec Mines.

Fractional losses went ~to Me- intyre, Dome and Hoiiinger while Pioneer iell hack to 50 ‘cents. Wright H greaves 30 and Bra- iorno 10 '

Early stress-tn in me base met- alsturned in weakness and Nor- anda and Hudson Bay closed ab-

bridge Basin 30, Sherritt 7. Waite Amu- let l7, Ventures ll ald~ Pend Oreille l. .

‘blarkets AtiA Glance A

(Canadian Peel) Toronto "m Nmkwa-tndus- res Olvwd loam. ‘Iironio Mines-Sharply lower. .\:--- ‘fob-Starks lower. pa;- var-A .;. 141's: fl-il. b‘ .: ‘lop-Genoa and sugar llnwer ~ - - -

. $1

Late Selling Starts Decline

On N.Y.- Mart

r Aascoigzedvlrreee :in.Wrlie (By Guardian's Special Wire)

NEW YORK, Feb. 25.-'l.'he must

_ spectacular burst oi selling in more

than three months uncovered weak- ness in the stock market today and sent values down irom 1 to 4 points.

The market for the greater part oi the session rambled along in an

. irregular manner until before the

start oi the iinai hour when the rush began. Railroad. securities appeared to

' have borne the brunt of the attack,

and most oi the well-known carri-

- era went down from 1 to 2 or more

points including Santa re, Balti-

more iu Ohio, New York Central,

s-ennsylvania and Union Paciilc. High priced shares‘ which declined

. 4 points or more included American

Telephone, Du Pout, Johns-Man- ville, Ruberoid and U. B. Gypsum. But in the midst oi the general sel- ling, there appeared seveiral strong points such as Eastm Kodak.

ontgomery Ward, Beers, National 178.117. lhiiardo and others up frac- tions to more than 4 points.

Amongst Canadian‘ issues Inter- national Nickel dropped a point to 51 and Holllnger 1% to 15%. Can- adian Pacific, Distlllers-Seagrams, Hiram Walker, Canadian Industrial Alcohol A, Dome Mines, McIntyre- l-orcupine, Hudson Bay Mining, Wright‘ Hargreaves, Dominion Stores, C nadian Marconi and Que- bec Power were oi! iractionally. Shawlnigan gained 5i.

Reasons assigned ior the decline were varied and for the most psi-t nebulous. Several brokers d- ‘ared there were repeated rumors 1n wall Street that further restrictions on trading and profit were feared:

‘The Associated Press average oi 00 stocks iell 1 point, the most for one day since Nov. 22, last year.

The wtal volume ior the day was 2,301,600 shares compared with 2;- 201660 the day beiore. -

PROQUCE

~ ' (Canadian Press)

MONTREAL, Feb. 25—A.n un- settled tone prevailed on Montreal open produce markets today and prices were lower. Eggs were eas- ier and butter was steady while cheese and potatoes remained un- changed-

Grsded egg shipments were ‘quoted at 30 to 31 cents per dozen ior A large, 28 to 30 ior A medium and 27 to 28 ior A pullets.

Butter was quoted at 23 to 23 l-k cents per pound ior carlots or less oi no 1 while lots to retailers were 24 to 2i 1-2 for solids and 25 cents ior -prints. '

Cheese remained unchanged at 12 cents per pound ior carlots or less oi no l, Ontario colored.

Prince Edward Island moun- taln- potatnw were $1.30 to $1.35

ior eobblers and $1.30 to $1.35 icr~

colrlers per 90 pound hag. In 80 pouiki bags, P It‘ I mountains were $1.15 to $1.20, cobblers $1.10 to $1.15, New Brunswicks $1.10 to $1.12," Quebec mountains $1.05 to $1.1’) and Quebec no 2 90 cents to

Miscellaneous

(Canadian Press)‘, MONTREAL, Feb. 25- Wheat, nor no 2 91. Barley C W no 3 47. Oats, C W no 3 38 1-2.

Flour, spring wheat patents,

' firsts $5.30.

Hour seconds $5.20. ‘Flourbekers $5.10 Flour winter wheat choice $4.00. Flour white ‘corn $4.60. Blfln ten $19.25. Shorts ton $20.25. Milddlingg ton $25.25. Rolled oats bag 90 lbs $2.90. Hay no 2 per ton carlots $10.00. Cheese no 1 Ont col 12. Butter no 1 Ont 28 23 1-2. Eggs in cartons A 1 large 38. _Eggs A l medium 38. Eggs A l pallets 37. Eggs A large 34. Eggs A medium 33. Eggs A pullets 32. Potatoes 90's P E I mts $1.30 t0 $1.35. 30's P E I oohhlers $1.30 to $1.35. 80's P E I mts $1.20 to $1.25. 80's P E I cobblers $1.10 to $1.15. 80's N B mls 81.10-51.12. 805s Que mts $1.10 t0 $1.15. 80's Que cobhlers $1.05 to $110. 80's Que no 2 90 to $1.00.

patents,

~ (Canadian ) g MONTREAL, Feb. 25—Prlces were easier and volume fairly

heavy on the produce section oi Canadian commodity exchange to- day.

Butter Spot: Sales-425 boxes Que grass as l-B. Que regraded (8') 23 1-4 a.

Cheese spot-om. ‘white ro 3-4 ton 1-2, col 11 1-2 to 12.

no; spot-out A large a1 w a2. A medium 20 to 30, A pullets 27 to

PARADISE IN FAB NORTH SOON

(Dy The Canadian Pren)

VANCOUVER, res. 25—The Mac- kenzie River district 0f Canada is a iuture tourist paradise, His libr- cellency MOB-SHIRE“! Breynot, Bishop oi Mackenzie. predicted in an address here. _

Momelgneur Breynot representa- tive oi the Roman Catholic church in the Mackenzie River area ior the past 44 years, stat/ad with modem tranapwtation iacilltlea bringing the country nearer Canadian cities, the only drawback to sightseers is being . moved.

Bishop Breynots pastorate en- compasses an area 2.000 by 15000 ‘rr"*". He will leave shortly on a v-_-~ Irn to France. his native country.‘

TOURIST

EXCIZANGE

_ (Canadian has)

Closing exchange rain:-

At Montreal-Pound 4.88 28-32; R8110 see a4; U. s. dollar no v-e.

At Paris-Pound 74.88 ir; U. 8. dollar 1188 1r: Canadian dollar 14.99 fr.

In gold-Pound 12s; U. s. dollar 58-72 cents; Canadian dollar 5882

NEW YORK, Feb. 25--Foreign 9101181189 llfldy. Great Britain de- mand high 4.90 3-4; low 4.09 3-8; ciore 4.98 3-8; 60 day bills 4.98 l-2; France 6.87 5-8; Italy 8.04; B51. gium 17.04: Germany 40.65; Can- ada 1.00 1-8.

(Canadian )

. Feb. 25—British and ioreign exchange in relation to the Canadian dollar as cornpu. ed by the Royal Bank oi Canada closed today as follows;

Argentina peso 2757.

Australia pound 3.9843.

Belgium belga .1702.

Brazil milreis .0574. .

China Hong Kong dollars .3300. Czechoslovakia crown .0410. France franc M675.

Germany reichsmark .0460. Great Britain pound 4,9887, India rupee .3773.

Japan yen .2815.

New Zealand pound 4.0244, Norway krone .2508.

South Airlca pound 4.9853

Spain peseta. .1332.

Sweden krone .2574.

Switzerland franc .3301.

United States dollar 1-8 per cent

discount.

Wall S t r e e t Trend‘ Reflected 0n Mt ’l. Market

(C. P. By Guardian's Special Wire)

MONTREAL. Feb. 25—Prices dip- ped B- point or more on Montreal Stock Exchange today, influenced by a bearish trend on Wall Street.

A couple oi powers and other gel. ected issues stood up well but the remainder oi the market including metals, liquors rails and papers m1. ished on the downside.

Losses were posted in the power division where Canadian Bydm. Ellectrlc preferred, Internutlorml Power preilarred and Power Cor. l-Wallm dlbllbed a point or so each. Bell Telephone got up about 1-3 and B. C. Power gained that much at a. new high oi 32 1-2. ,

Ncranda. was a weak leader in the metal division with a. loss of mum than two points at 47 3-4. Nickel rallied somewhat at the finish to show a loss of only 3-4 while Hol- llllser eased.

Bathurst Paper fell 1 1-2 points on a single sale at l4 1-2 while Howard Smith preferred, on m; other hand, posted a gain oi one. Dryden, st. Lawrence Paper- pyg- ierred and Howard Smith common were oi! fractions.

Dominion Coal preferred and 13s. minlon steel and Coal "B," recent firm 19811618. gave up fractions while weak rails included National Bteel Car. Canadian Pacific Railway and