"Ara I. 22.1.92"

-_—¢- -»-

F

Government and

Quotations received daily

STEWARTJONESt Co.

88 Great George Street, Charlottetown,

Municipal Bonds

Public Utility and Corporation Securities '

Orders executed on all Exchanges.

through

Greensnields and Company

Montreal at half hour intervals. I

l“

\,,__

Stock Quotations

, "rend, preiue

... n. ... ... ...

Hilltop 04-h Hallluger ... ... . . .. 7.30 Howey ... ... ... . 1.24- Hudaon Bay "1903 international Nickel 49.25 Jackson Minion ... ... ... .18 Keeley .65 Kirkland Lake 1.02 Kootonay Florence . . .. .14 Lake Shore 27.00 ‘Malartlc ... ... . .45. Mandy .. .. ... ... .. 1.30 Manitoba 5151111.. .. ... ... .42 Mining Corporation ... 4.50 Murphy’. .. .22 Mepqpgalr... ;.. .54 McIntyre ... ... ... ... .... 19.03 state.‘ .. as 1119181111] .. Norands .. Old Colony ...

Qloneer . . ... .45 Btadacona ... .09 anal-m Gordon .. e45 Siaeoe ..§ . . . . .. .. Qt. Anthony .31 Sudbury Basin 8.80 lylvnnite .

Tack Hughes . B“ 510°" Nwigmac 2.30 11111391131 o“ --~- 114% ‘Preldwell Yukon. ..... ... 13.5‘)

Thompson Cadillac .

HALIFAX, ‘April 27.-Quotations BANKS Ventures . 9.95. furnished by Jghngt/Qn and Wnrdl _ VIDOIICI ... ... ... on: 1.09 “Embers Montreal Stuck Exchange_ Bank Royal 372 we“ Dome u“ ___ ___ ___ ___ n,

Bfl"\<M°n1r@=i-- 351 Windfall .. us»; Bank Nova Scoua .. 402 pm‘; yin-new“ _ _ __ 1m

NEW YORK EXCHANGE

20,15] STANDARD 1111mm} EXCHANGE

Atchlsn. Top. do Santa Fe. Ry - . ,0 Co. .. 141' i Am an 99 j Quotations furnished through eour- a S‘ Withdraws _

Am. Car d: Fdry. Co. Alml. Locomotive Co. Am. Smlt. 8t Refin. Co. .. Aln. Bosch Magneto Co. .. Anaconda Copper Min. Co. . N. Y. Cen. d: I-lud. Rv., R. R. .. l8-

t- »- __r;.

.3 testy of Atwell d: Co, Charlottetown 1011102. Close‘

2.05 .10

Reservation

(Canadian Press)

x ‘AIIIII CO I‘ . . .33

2:2. sc;i"..::-.::* ;: 2- ff”... . s. Ilmzémtl- paper column“ M‘; 1AM... mo; son. United States disarmament Standard Oil ofN. J. 5a»; ~11“ ~15 sp°k°‘m‘"' ‘““°““°°d “ m’ mm‘ Reading u. . ._ _ 1Q57;,‘Al'f1<7 .. ... . . .32 m‘ o’ ‘MPWWTMQYY mmmisslo“ ‘m southern Pam u ' lwfiliBarx-y Honing" n. u. u. _34_ dISI-IIIIBIIIBIII. {Oily 1118.0 IRE UIIIIEd Union Pac. Ry. ............. .. zlaail BMW"! - - - - -- -- 5° 5m“ “w” “mdm” 1“ '°‘°"'“t' u. Sdlndustrial Alcohol Co. ldvhiBidlzood . . - - -- -- 140 1°? °°Wh° ".°‘“‘“°“ °i "awed ‘e’ weshmzhouse Em; _ _ _ _ _ _ __ 153 {Big Missouri ... ... ... 1.79 $717" ‘mm any nmmthm of “m” u s_ 3,3“ _ _ ' _ __ _ lgglQBuckingham I06 1”‘ Th‘ ‘mmummmenj’ “m9 as 9‘

Bunker Hm _ _ ___ _._ My, surprLsa to the conference which had

Carona . . . . .. .. .0214 N" ufsmmd 9° “'9 50115514211111 Pm‘

MONTREAL STOCK nxcuzuvcr:

Capital Rouyn ..

. ... ... .. .. .05

posal from the Spanish delegation asking establishment of an inter-

Abltibi .............. .. 42 Capitol 5- Mines - u u Tllfistlllrl Kan. .. Texas Ry. 425 Castle-TYethewey ..' .35 115mm‘ 1°?" °I Pea“ "vmmrs 15° 1101mm a‘ power ' H 1 Central Manitoba _ 49 be stationedat Geneva. and placed liatl. Breweries .. . ‘ 1 Chaput-Hughes . ... 08% l1 1110 11151709111011 91 1118 901111011 °1 Winnipeg Elec. .. . . . _ 371,; Clericy . . . . .. .18 111°1€W11°°1N°M°115~ P1¢51d°“11'°"" Brampton - Conillfifi --- --- ~-- ‘don 5cm’ the propoanwthe cmlncn

Bramflracticn l hav/lnigrn

izcmibcilfBrldge .. liar-ray Harris

CTOWI] RCSEIVO ... n- ..-

Falconbrldge . .

of the League of Naiions ruling that the. commission hadno mandate to ccmsider it.

"The snake to which I refer." said

{Santos 13 Goldhill Mines .. .0418

t n, Brewery . . . . . . . . . . . . .. Goodfish ... ... ... .13 111" 5°11?“ 114951311"- "15 "111 t“ strike 1 rifting Products . Groves D. M. Ltd. ... ... ..'. . .03 "1111 mlfihemlflcil DI¢°1$1°11~"

(has Curd .... .. Grandvlcw .45 “Do you mew an nddelnsir?" suc- lowr: Corporation . 103 Granada ...‘ ... ... .19 If-iifid l- 137121114 P111111-

NEW ISSUE

$200,000.

fl»_

Central guardian

TWENTY-SIX LAST YEAR Spring Costs. Tweods, Kashas, etc, worth u, $30.00 for only $00 a; the great May Bale, Wednesday and TlTursday l. Moore at McLeod, Limited. at‘

ONE LOT 01 Misses’ Tweed Suits short coat styles, clearing May Sale st $6.00.'Moore '&'McI1cod, Limit-Z ed. 31 I

THE GREAT MAY SALE starts Wednesday morning. Look f9;- the bissest bargains this store ever 01-‘ fered. Moore 8t McLeod, Limited. 3i

i

WHOLESALE PRICES all over store Wednesday and Thursday at,‘ our great May Sale. Moore d: Mc-‘ Lcod, Limited. _ 311

SERVICE AT CITY HOSPITAL-l Benediction o! the Most Blessed Sac- ‘ rament took place at the City Hos-l pital yesterday afternoon at 4 o'-f cilwk. Rev. P. McMahon officiating, The Corpus Christi Choir sang Belle- i diction. l i i IVONDERFUL BARGAINS in WO-j men's hats Wednesday and Thurs- day at $2.98. Moore d: lvlcLcod, Lim-j lted. 31

l i i

EXTRAORDINARY values in sill,‘ stockings at the May Sale Wednes-i day and Thursday. Moore 8.: Mc-

Leod, Limited. _ a.

MAY SALE special value in silk‘

stockings 69c. pair 0r 2 pairs for: $1.30. D0 not miss this one. Moore at McLeod, Limited. 3i]

35 INCH GREY COTTON, a, won- der at 10c. Wednesday and Thurs- day at the May Sale. Moore 8.: Mc- Leod, Limited. 3i

' \ IMPERIAL WELSH SINGERS —‘ Some good seats still left for to-‘ night's entertainment. Concert starts at szo sharp. 3491-4-29-21‘ THE KIRK IN CAMBRIDGE'—,} Tile sacrament of the Lord's Supper; will be dispensed in the Kirk, Cam-i bridge, Mass, On Sabbath. 28th ht} 10.30 and 5. The pastor Rev. J. WA‘ S. Lovrry will be assisted by Rev.‘ Ewen lmrcDougall of Charlottetown. P. E. Island. The Presbytery meets» on Saturday 27th at, 6.45. Mr. McDou- i gall intends to leave for home on the evening of Tuesday the 30th,

ENGLISH PRINTED BEDSPREAUS $1.25 at the great May Sale wed-‘ nesdhy and Thursday. Moore 8c McU Leod, Limited. 3i | -_-_ i

CLEARING OUT Colored Madras worth to $2.00 yard. May Sale 30c.‘ Moore se McLeod, Limited. siI

SMALL LOT of “ldlllclfs spring}

F. c. SPENCER COMPANYLTD.

.2 v T MORTGAGE SINKING FUND sou) BONDS . gfliavuvc STOCK PURCHASE WARRANTS i

DUE MAY 1st, 1944.

6_ p. c.

DATED MAY 1st, 1929.

F. G. Spenc

crated motion picture theatr operating fifteen including th

Charlottetown.

ASSETS.

WARRANTS

May 1st, 1931.

we."

er Ltd. has for many years successfully op- p,

Limited

cuantonnowfl 5

Eastern Securities Co mpany

v .

es in the Marltimee. Atpreseni: e Prince Edward and Qaoltol at

Conservatively valued amount to over $2200.00 to e"- ory $1000.00 bond.

Elltitle the holder to purchase one share of common at $25.00 per share with every $100.00 bond up to and including

' l It. is the present intention 0t the directors to place the ' ' ' conlmon stock on an annual dlvident basis of 23.00 m‘! £1121’? payable half-yearly commencing August 1st 19 PRICE ' i ' ‘ ‘ , k 100 and accrued interest to yield B" ' g , "(With stock purchase warrants as decrlbed above) j Full particulars of this attractive offering furnished on request. ' " ' I

Coats, worth to $20.00 for the May, Sale $6.00 each. Moore d: McLeod,“ Limited. 3i I

INSTITUTE MEETING --'I'ile rc3- r uiar ‘heating of Sprlng Park Wc-, men's held at the} home 0f Mrs. R. T. White 0n April 23rd, with sixteen members and two: visitors. The President, occupied the! chair. The meeting opened by sing-g ing the Ode, which was followed by; roll call giving the uscs of baklngi soda. Sick and School Committees‘ gave reports and new ones were ap- pointed. The Institute voted $100 for the sanatorium. Mrs. Joseph Biggar invited the members to IlCl‘ home for next meeting. roll call to be answer- ed by your best idea of a model hus- band. Meeting closed with the Na:- ioual Anthem. A delicious lullchuvas served by the hostess and a pleas- ant social hour spent in readings, vio- lin and mouth organ selections, ra- dio nluslc and old time songs.

Institute was

MAS Q UERADER WASSENTENCED

(Canadian Press)

LONDON. April 26 -Mrs. Irma Va- lerier Arkell-Smith. London‘; woman masque idel who for many months passed a; a man about town under the name “Colonel Barker". was sentenced to nine months in prison at Old Bailey yesterday on a charge of perjury in causing s. false state- ment to beentered on the register of her marriage with another woman. In 1028 "Colonel Barker. went through the form of marriage with another woman, Alfredo. Howard, who testi- fied yesterday that she had not known of the deception.

MEXICO CITY. April 26.- Gen. Illa: Callas notified Presl- , dentifortel Gil today that the stage m set for the "annihila- tion" of the rebel west coast army with their retreat north- wanl out off by a burned bridge eighteen miles north of Navojoo,’ Indra." no may no believed lflllils

j frnv rmlnnoTrcTovyjy nlmRnl/v}!

We Oflu

a 450,000SHARES _ N ORDON I CORPORATION, Limited

Incorporated Under the Lawn of the DomInIQ o! Canada

HEAD OFFlCEa-Nancouvcr, ac.

ADMINISTRATIVE orr-xcrzs 2461100. Album, lad u» Armin. Californi-

. CAPITALIZATION Authorlzed-—-S,OO0,000 Shares of no par value. To be presently issued, iiicludingthls ofierlng, 2,000,000 Shara. ' The Company Has no Funded or Other Indehtcdncss.

REGISTRAR AND TRANSFER AGENT: Montreal Trust C0,, Toronto, Winnipeg and Vancouver.

DIRECTORS

Glen M. Ruby, Calgary, Alberta, President and General Manager; formerly Vice-President and General Manager Hudson's Iiay Mar- land Oil Co, Chief Geologist Rocky Mountain Division llmpiir- Gas and Fuel Co, Chief Geologist Mnrhand Oil Co. of Colorado and Geoicgiml Department, United States Geological Survey.

C. G. Willie, Los Angclcs, California, Managing Director of United States properties; consulting geologist and engineer, fonuerly chief assistant to Director in charge of Geology and Research of liiarianli Oil Companies, formerly geoloQst Associated Oil Co., Director St. Louis Royalty Co. ' -

Samuel R. Smith, Vancouver, B.C., Vice-President and Assistant General Manager; oil operator, formerly chief of Land Department. Hudson! Bay Marland Oil Co.

Robert S. Moran, Lo: Angeles, Califnmia, Consulting Geologist and Engineer; formerly Geologist Standard Oil Co. of Cslifomia.

B- F~ Ihke. Camry, Alberta, formerly Chief Geologist, Hudson‘; 15113’ Marland Oil Company; formerly C ' ' ‘ DepL, Marland Oil Company of Mexico.

lllavjnr-(Jenernl D. M. H0301, 115-0., CJLG" Toronto, On- mrin, Director; Director Shcnitt-Gordon Mina, Ltd, Sudbury Basin Mlues,_Ll.d., etc. '

Col. C. D. H. MacAIpIno, Toronto, Ontario, ficsident, Dominion Explorers Limited; Director, Sudbury Basin Mina, Ltd., ctr. Mackenzie Willi-m, 3.5a, Toronto, onune, Director; loved. meut banker.

E. E. Campbell, Toronto, Ontario, Director; formerly Assistant General Manager Gnnby Consolidated Mining, Smelling and Power Co., General ° perintendmt United Verde Extension Milling Co.

NORDON CORPORATION LIMITED is u Canadian company. acquiring the property ul Ncrdtm Corporation and other valuable oil leases and royalties, deriving substantial present income from existing oil fields of the United States, din ctcd by technical and practical talent of the highest order, wilicll will largely; devote iLs efforts to development ol oil in the lit-ids hf Western Canada. Nordon Corporation had iis inception early in i028, to acquire exceptional opportunities in various oil districts of Canada and the United Stats, under the guidance of Mr. C. G. Willis and associates.

PROPERTY HOLDINGS :—-Lcases on 24,000 acres and royalty under 76,300 acres on seventeen distinct nil areas nl cho United States, and 10,000 acres in prospective valuable areas in Western Canada. United States royalty interests include portion of landowncfs royalty in one of the finest leases in the Santa Fe Springs field of California. Five wells have here been completed to recently discovered deep and very prolific sands, and thirteen more wells are drilling on the company‘: royalty acreazr. In New Mexizn, company owns royalty under 70,000 acres, in the latest prmiuring oil area in the United States. In Texas, the latest major producing field in the United States, company owns leases on 7,500 acres in Midland county, part of which is nnw being drilled on acreage-divi- sion basis by some of the larger operating companies of the industry; leases on 2,500acru in Crockett county, where 2,500 checkrrhnarried acres, transferred on acreage-division basis, is bclnc drilled by Mar- land Oil Co. and W. A. Moncrlefi, and whcre within the past fclv days one well reached the sands and was bailing at the rate of 288 barrels daily, vritb prospects that a big producer would u» brourzht in; leases on 960 acres in Pecos county, on the Fort Stockton “higlfl; and leases on 1,000 acres in Ward county on the Soda Lake structure. In Oklahoma, one-half of royalty under 160 acres on tcp of a large cure-drill structure in the Wilcox sand ares, whcrc Marland Oil Co. owns the leases on Nordou royalty acreage. In Kansas, acre-ace. in the vidnjty of the recent discovery just nnrth of Wichita, Central Karma. In Ohio leascgon 80 acres in eastern part of stale, whcrc a well within one mile has just come in with yield of 100 barrels of high-gravity Pcrnsylvanla crude. Other YGQWIJIIII and 1mm m: under option w negotiation in Santa F: Springs field and in other fields in Texas and New Mexico.

PRESENT REVENUES :-— Royalty revenue from five wells in Santa Fe Springs field will presently be at rate of $300,000 per annum,_and rate is expected to racb $541M!» per annuln before the cud of this year, as thirteen more wells are bung drilled on royalty leases. Further revenues are ‘ from Texas and New Mexico fields from wells now drilling.

FINANCESw-Upon completion of this pram! financing tho company will have in com of SIJGLGJO in its treasury.

INTENSIVE CANADIAN OPERATIONS :—Tbe immo- rlialr objective of the Corporation ls Inge expansion of its oper- ations in the prospective fields of Western Canada, where its stall, in IIOQSCSFIOII of valuable geological data, believes some of the most important structure on the continent may be developed. ‘

PRINCIPLES OF OPERATIONS x—'l'lre principles which have been and will be followed by the Corporation in building up revenues necessary for execution of its policies, used with marked success by the great royalty mpanies of the United States, will be rigidly adhered tn, thus eliminating, In largest mzasure, drilling operations-the most, costly and moat hazardous branch of the industry. Leases and royalties will he negotiated over a wide spread, thus minimizing hazard of loss and increasing the chances of big success.

The Corporation it not a drimag company and will confine it; operation: in that direction solely to elm drilling when rush aper- aliuns are impzralively demanded in flotation u] its huldings.

PERSONNEL :—-'I'he standing of the "rector: of Ncrdon Corporation is of the highest order. President and General Manager Glcu M. Ruby is acknawlaclgul to be the outstanding authority upon the prospective fields of Water-n Canada, with the widest experience in continental oil aflaira "waging Director C. G. Willis stands equally high in the Southwat and is generally accorded a portion of the credit for discovery of several of the important fields in the Lcs Angelcs Basin. from time to time, announcements will be made regarding the -, , el of a Boa-rd of Consultxutsmhicb will include oil experts of continental and Illflflll-luufi reputation.

Application ‘will be made [or listing on Eastern and Wertem Stock Ezchaagu. ' Literature, with halflnnes and maps, containing further details, gladly furnished upon request.

Terms of Subscription , ' $3.00 PER SHARE, PAYABLE $1.00 WITH APPLICATION AND $2.00 UPON DELIVERY " OF CERTIFICATES . 4

SI ‘l1 SIIJBIE. Fill? LON

(ROUGH YOUR OWN BROKER

YBSCRIVTIONR MAY BE MADE ’T'HROL'GII ANY 01' OUR BRANCHES AND CORRESPONDENIS OR ' SUBSCRIPTION BOOKS WILL BE OPENED AT THE HEAD OFFICE OF GA C0., TIJPUNTO. ON TUESDAY, APRIL 23, I929, AND

DISCRETION, Illfl‘ IN ANY EVENT AT THE CLOSE OF BUS1N§ ON HAY l, I929.

The right i: reserved to reject any and all application: and, i: any event, to allot mafia amounts than are applied for.

STQBIE-FQRLONG 6'6 Carlyle Securities Corp., Ltd

Head Office BAYANI) vrnumcToN sTs TORONTO

SAINT JOHN, N. B.

T!!! rtunnam mntned Punk an band norm bllonlmtlml brlievod ta b: reliable but the and Janey o] will’) canal be panned.

HALIFAX, N5.

National Bank of Commerce in New

In the April issue of Commerce

World Cotton Consumption

And Supplies

York

urally not as desirable as the dairies-

i 11.11150!) with last season at this time

Grade VI—l, Mildred Muttart; _Z;

l i : i

had discounted much of the differ- ence in outlook. Trade sentiment as lvell seems to have beenmore im- jprcssed this spring with the prob- ‘nlxiilies of an increase in acreage ‘than with possible damage‘ by weevil. ‘The latter, however, is still to be ‘reckoned with, and the smaller pro- VPOYIIOII of American cotton in the itotal supply is a supporting factor

Thelma Quigley; 3, Ernest Smith; 4. Harold Muttart. Grade V-1, Miriam MacDonald; 2, Allison Harper; 3, Evelyn Noonan; 4, Theresa MacCarville. t Grade 1v_-1, Edward Oatwa)’; 2. ‘ Emmet. Nconsn; 3, Leo Noonan. ‘ Grade 1II—1, John Qulgley; I. - Alvin Oatway; 3, Frank Taylor. Grade II (Sr.)-l, Beryl TBYIOY; 3r-

Mollthly published by the National Bank of Commerce in New York, the bank point out that a quick- enlng of mill activity throughout the world in recent months has greatly strengthened the position of cotton. “As preparations are made again for the ncw cotton crop, an optim- istic tone in the market reflects the decided improvement in outlook that has occurred ill recent months. In ‘comparison with lust year at this time supplies of American cotton are ‘ nlaller while the mill outlook for the balance of the season ls defin- itely bcttcr. A second successive re- duction in curry-over now seems a5- surejd, which will leave a total small- er than any since 1025 to round out possible deficiencies in the new crop. “The strength of the present posi- tion arises not so much from the actual difference in supplies as,it does from the exepected large vol- ume of requirements. Consumption in the six months ended January 31, though larger than in the immediate- ly preceding half year, was nearly two-thirds of a million bales small- er than in the corresponding period uf last season, leaving stocks of Arn- erican cotton about 400,000 bales be- low the supply available at this time in 1028 compared with a deficiency of over 1,000,000 bales at the begin- ning of the season. Heavy exports, .. , , have r “ ‘ in the hold- lug abroad of a proportionately larg- er part of be supply of American cot- ton than is usually the case at this time of year. "The American cotton available, is pplemented this year by an 'un- visually full stock offoreign growths coulprising in all s. total somewhat larger than either last year or 1920.

Much of this foreign cotton is nat- the higher level of values, in com-

tic but its ulthnaic use is mainly a matter of ability lo buy it at n suf- ficient discount. The weight oi‘ fol‘- cign-crop pressure has bren clearly evident this year ill lllc unusually wide spread between Ahlzvzicau dud tile shorter fOfIlgll cottons, and the] effect is apparent in a gain of 400,- i 000 bales in the consumption of ior- i iegn cotton during the first half of i K111111111 0i Mflffihi the current season.

years the essential difference inlDi-‘tflflid 18111181) outlook lies in the quiclzcnillg ofi mill activity very generally notcdil 91113011111! months after a difficult jocrlotl ofi curtailment and widespread prcssion. The dcclin= in

during the spring and $\lll’lIlI'_‘I‘!1cI' 11°11'11"-