NOVEMBER 21. 1935'

STOCK.

THE iznkiinorrrarowu chairman’

i:

PAGS NINE

QUOTA Tlozvs

Power Issues HaltClimb On Mt'-l. Market

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

MONTREAL, Nov. 20--A sharp giump in power issues counter-cc‘ ‘ heavy gains by a. number of select- ed stocks and Montreal Stock Ex- change closed on an irregular note today. Volume siackenod consid- erably from yesterday with 5p- proximately 26,500 shares changing hands.

Montreal Power dropped 1 3-3 at 35 and Canadian Hyrdo Electric preferred 4 3-8 at 47. Losses of a point were shown by Quebec Power at i5 and Shcwinigan 5t, 2o 3.4 while Power Corporation eased 3-4 at i0 1-2.

A number of specialties managed to show strength, unaffected by the power sell-off. Niagara. Wire touching a. new top of 33 early in the day. eased to 32 where it still

held s. gain of 5 points. Ogilvie ~

was up 3 points at 180. Smelters lost 1 at 202 1-2 and Nickel 1-8 at

39. Total sales were 28,517 shares; bands $9.850.

PRODUCE

(Canadian Press)

MONTREAL, Nov. 25-Prlcee were pteady on the Montreal open produce market today in light trading. The steady advan cheese prices was checked and - tario white cheese brought 11 cents a pound with colored at 11 -2.

No 1 grade butter in cariots or less was quoted at 26 cents n pound with small lots to retailers at 27 for solids and 28 for prints.

Graded egg shipments in gear- lots or less were steady at 37 to 38 cents a docen for A-iarge, 32 to 34 for A-medium, 30 to 32 for A- pullets, 25 to 25 for B and 24 for C.

Potatoes held steady. Prince lid- ward Islands in till-pound bags brought $1.35 to $1.40 for moun- tains and 81.30 t0 $1.35 for cob- blers. In 80-pound bags mountains were $1.20 to $1.25 and cobblers $1.15 to 8120/ New Brunswick mountains in 80-pound bags were $1.20 to $1.25, Quebec mountains $1.05 to $1.-10 and Quebec whites 90 cents to $1.

Markets At A

M17. Stock Exchange

(Supplied by Pltfieid and Company Members of Montreal stock enchants)

0 Stocks Open lull Boil Tel 140 Bxosliinn 0% Dom Steel 5 Cnn Cement .. 6% (‘an Ind Al 11 Can Pun Ry 111,5 Dorn Bridge 31 Ilnp Tob .. . 14 inter Nickel 39 .\icCoi Front 12% Mont Pr 114% Nat Brew 30 Nat Steel Car 14% Power Corp . 10% Shuwinigan . . . 20% S0 Can Pr 14 Steel of Can 5214 BANKS ‘.13, -05 186

ituyal lik . Can Bk of Com

1v. Y. Ewi- Exchange

(Supplied by Pltfleld nnd Company Bombers of lilpntronl stock exchange)

.107

Stocks Open Lust

Am For Pr .. 71,4 7 Am For Pr- pfd . 28 , Am Waterworks 201V, 10% 141% 140% 21% 20% A 131"}; 158% Anaconda 211/, Z455 Auburn 401,5, cw Atchisou .. 541,1, 521; B and Ohio . . . , 11W, 111% 21 201/; . ill 40%

. 103% 90

80% B4

32/1 32

34 33 Gen Eiec . 37%

Gen Motors 50% 58 30% 12% 2154

37

35

201 Paramount .... 892 Radio .. n14 So Pun . . . 235;, Std Oil N . 451g, U S Steel . . 477g Vanadium . _ 19% llflcslorn [I . _ 71% Westinghouse . 02 91:4

New York Curb

(Cunuiluu Press)

Stocks Citric Glam“ i: 32:"; ---- ~ -- - - c1

1i Am Sn Po g

(Cnlllflllin Press) Ag" ‘"9 if? Toronto and Montreai-Indus- (inure rf-eg,l,‘,l hi?‘ trial stocks lower. 111 Bond Nhilrt‘ '... '... ' is ' Toronto Mines-Lower. (1:91? all! C11" A 211% New York-Wheat down 1 to Him m‘, 32% 1 1K4 cents. , ‘ lm'p on 20;‘, New York-Cotton and supr- int Pet . any. lower; coffee higher! rubber uh- 5115111331, -,-,»A~-~ w 3%

chi-nixed. _ u» 1.1 v pm , ;»_-

Mr worilf Announcement: nld O

Splrltnnl per lueln N cu ul nukn and Ap uord Other voles on nppllution.

FUR COATS FOB SALE. 170 Prince Street. 14-3235-11-26-61.

mil-s 1211c; "o"'u'n"_a‘u‘u"u_ia:as

$1.89.‘ Boys $1.50. Youths $1.39. Clark Bros, Mt. Stewart and _ Montague. L-(iiflo-iijmii.

FOR SALE -- AUOIION FOETY- Five, Bridge and Whist Score Cards. Guardian Central Job Printery.

sTciIfFFZF fiiic sheets 5 x ‘lit. Price 3 cents per pad. Guardian Office.

FOB. SALE — TWO REMINGTON typewriters $20.00 and $30.00. One Royal typewriter $25.00. Apply

_ Ouardian. L-3183-11-25-3i.

Advertising Rates-Payable in Advance

Cvinfrnl Odnrdfi-nn locnlu, do. pow word; Won". I'll I

nld Intern loenla, lo is I" re; Clnsllflel

h. per word: In Irmorium Notices, 70o pn lnnl; Mung flqrql n,‘ lilierinn. fllrdl. It» . 4o per name: Intern of Condclonnu, 10c.

vmlntlu. 1h on taco 0v u. p.

lluiluaum Charge r auyhdurlisamsnr tiny-live cents.

idfliilg wanifi

APPBSNHUI WANTCD T0‘

learn Barber Trade. Short Course expert training. Motor Barber Col. i089. an N-Siid.

MAN WANTED FOR RAWLEIGII Route of 800 families. Write today. Rawiclgh Dept. ML-HO-SA-K, Montreal, Can.

ws'r'-Tm"o'r'on"no'a"r rifoisTsfr.

F011. SALE - WHITE WINDOTT Roosters and Rowan Males. Bor- den Bosewell, Dunstaflnage.

L-3273-11-27-3i.

MEN'S NATURAL snaps: racec- ed combination underwear $1.15. 301's 95c. clark Bros, Mt. Stewart

and Monggue. 1=-3165-ll-27:1_i.

_Boarders Wanted

BOABDIB-S ACCOMMODATIO- APDly 177 Grafton Street. L-230l-1i-25-3l.

WANT TO BUY OLD ‘HUDSON Seal Cont. 170 Prince Street.

...-Lam.

t

1 DRESSED

A Buying daily‘ at

'-""°"'!};?."_'§L

Water Street, next Queen Hotel. Top market values. '

‘cs0. LEIGHTIZEN c

Peters Island. Finder notify Weldon Taylor, St. Peters Island. _ L-3268-ll-27-li. _1‘2_L~1______

T0 LET -- TENEMENT N0. 6 Water Street. 1 mediate pos- ' Apply L. M. Poole At Co. -_L:3§7§-11-19-t.f.

TO LET-HEATED APARTMENT. Centrally iocatedfiAil newly deo- orated. Polished hardwood doors. Apply at 218 Kent Street.

L-3264-l1-27-4i-

_ Miscellaneous

FOX SSCAPID-SSCAPED FROM my ranch, medium silver female

fox. Reward. William Stavert. Kelvin. L-3I70~11-27-li. in; -'_ v ;

TRIBE IS SOMITIIING NEW under the Sun. A Brand New Pol- icy-Jamiiy income and Retire- ment Annuity Combined. Ask to lee it, ltetiill IIQ- J. A. Moore,

Currie Budding. Charlottetown.

POULTR Y

our Warehouse,

Stocks ‘Yield To- Pressure On N.Y. Mart

By I-‘rlnk MlcMillm, i Associated Press Financial Writer (By Guardian's Special Wire)

NEW YORK, Nov. 28. — Sellers again outpulied buyers in the stool: market tug-of-war today.

_ A number of active issues gave 11D 1 to more than 3 points each. Declines were on a. somewhat broader front than in the previous session, with average declines great- er, but shares changing hands were over 1.000.000 less than on Monday.

The_Associated Press average of 00 stocks lost .0 of a point, at 54.5. The 30 industria-ls lead t_hc down- ward procession with a drop of 1.4 points at 73-0, while the 15 rails lost. only .3 of. a. point. and the" utility division .6 of a point. .

Periods of pressure during the day's dealings found‘ the market showing a tendency to slow up per- ceptibly. Turnover in teh stock ex- change was 2,363,510 shares. '

The same cautious attitude was apparent in the bond market as in equities. Secondard corporate class- ifications mostly gave a little ground and there appeared to_ be some shifting of funds into higher grade loans, a number of which showed modest gains. U. S. Government obligations were unchanged to 5-32 of a point lower in very quiet deal- ings as the market awaited the an- nouncement of the terms of the forthcoming financing.

Eastman Kodak was one of the widest losers of the day, down 4 points at 100%, and Case lost nearly as much at 99%, others with de- clincs of major fractions. to around 2 points including Westinghouse at 911A, American can at 140%. Amer- ican Smelting at 59% and Northern Pacific at 221i.

In the Canadian list Distillers- Seagrams dropped more than a. point. Losses of fractional scope occurred in sucnissues as Canad- ian Pacific, International Nickel, McIntyre-Porcupine, Canadian Mar- coni, Lake Shore and International Hydro-Electric Preferred. Hiram Walker, Holiinger and Imperial Oil of Canada were slightly higher.

M T’L. CURB

(Supplied hy Pltfleld nnd Company Member: of illuntrcnl stuck exciiullgc)

S . . . . . . . .. Dom Stores . imp Oil inter Pete Meichers

(Canadian Press)

MONTREAL, Nov. 26—British and foreign exchange in relation to the Canadian oiiar as compil- ed by the Royal ank o! Canada closed today as follows: Argentina peso .2779.

Australia pound 3.9839.

Austria schilling .1902-

Belgium beiga .1710.

China l-Iong Kong dollars .3683. Denmark kiene .2229.

France franc .0665.

Germany ieichsmark .4066. Great Britain pound 4.9868 Holland florin .6833.

Hungary pengo .2997.

India. rupee .3778.

Japan yen .2915.

New Zeaiand pound 4.0241, Norway krone .2508.

Poland zloti .1308.

South Africa pound 4.9649. Spain peseta .18 0.

Sweden krone .2 74.

Switzerland franc .3287.

United States dollar i per cent premium.

Closing exchange rates:

At MontreaL-Pound 4.98 11-10; U. B. dollar 1.01 franc 6.65.

At New York-Pound 4.93 3-4; Canadian dollar 99; franc 6.58 1-4. At Paris-Pound 75.03 fr; Can- adian dollar 15.04 fr; U. S. dollar 15.19 fr.

In gcid—Pcund 12s, 1d; Canad- ian dollar 58.83 cents; U. S. dollar 59.44 cents-

NEW YORK, Nnv. 20-—ll‘oreign ex- vhnugn steady. Great Britain high 404; inn" 4.03%: close 4.03%; I10 guy hills 4.02%: Franco 0.58%;

11: neiiziiiui 10.02; Gcrmnny 40.2.1; Canndn .00,

LIVESTOCK

MONTREAL, Nov. flit-There were 115 cattle, 8i sheep and lambs, 381 hogs and 56 calves for sale on the two Montreal mar- kets today.

A part load of steers averaging medium in quality were quoted at $5. The balance of the cattle were cows, canners and bulls. Canners and cutters were $1.75 to $2.25. ght bologna bulls brought $2.50. eavier bulls 82.75 and but- cher buils from $3 to 83-75-

Grass calves were $3.50 to $3.75. Veal calves averaging medium good in quality sold up to $8.50 and lust medium calves up to $8-

Good lambs were $6. heavies $7 and culls and bucks $6. Sheep were from $3 to 83-50-

Hogs were ems to. 91.85 for bacons, fed and watered, with the usual premium on selects and with cuts of 50 cents par hundred- weight 0n butchers, heavier and lights. Extra hcavies were cut $1 per hundredwelght. Sows were slow at $0 to $6.50..

::’rhe' use of Millers Wcrni Powders insures healthy children so fur as the ailments attributable to worms are concerned. A high mortslitymmong children is trace- able to worms. Thee: sap the strength of infants so that they are unable to maintain the battle for life and succumb to weakness. This preparation gives promise of

Are ycufucing the future blindfold? lfirown Life Policy sufeguurdsyou and yours. Why wnit?

CROWN

LIFE

INSURANCE COMPANY ConsnlithoCs-ovvnI-ifolfcn

.1. c. samr, Gencrul Agent, Brace Block Charlottetown J, M. AFFLECK, General Agent, Aibnny, P. E. l.

Brunch Office for hlarltimcu: MncBenfh Bldg" Manchu, N. B. B. O. Mlcdonnid, I..L.B., C-LU"

Superintendent.

(Canadian Press) »

TORONTO, Nov. lib-The Tor- onto mining market ciosed lower today after the miscellaneous mines index had registered a new high for the year at changes for the day were a. loss of .60 to 110.68 for the golds. and a net loss oi’ .53 to 107-95 for miscell- aneous mines. Tmding dragged through part of the volume was maintained at a 800d level by heavy trading in a. few of the penny issues.

Weakness on the boards discouraged trading in the higher price issues and Dome, Me- Intyre, Lake Shore and Wrigrn Hargreaves combined traded fewer than a thousand shares. was up 3-4 while McIntyre lost 1-2 and Wright Hargreaves 15 cents and Lake Shore finished unchanged.

Base metal stocks again display- ed mcre strength than weakness. Noranda at 43 3-4 had a gain of 3-8. Silver shares were easy.

'r0ii0.\"r0, Nov. 20-,

. . a (‘oniiunn \\' i‘ b‘ . Poninrum . ilnnie hiiuca PIUIOHIIIO _ l1‘ Briiigc Foil i\'irk (lads Iinke . . . . Franklin ..

Lake Siioro imunquc . imn (iolii Lilli" I. I. liiicnsan . .\inn Enst \iaul|- l. . hirintyrn . . liciwnzic .. .\ic.\iiiinu VltYiitiu MiiVnttcrs bionntn ilinrris K . . . Nipissing ... ... ... Nnrnnilu Nor (‘nu . Pnymnstcr .

licil liuki- . llcno iioiil liocho iiiyvniiii- _ Sun Ant . .

Sheep (‘r Slu-rritt Niiiroc .

'i‘ou'nguim: Trcnliwrli Vruiure-s Wait-i Aiuu 1t'|\_rsi<lv\ . .

Sud Mines

hOl-iih Ind k601i! it.

Teiniska . . .

white closed 10 5-8 bid Ont co] 11 1-4 bid; Ont white (Oct 1st half) 11 3-4 to i2 1-2: Ont white and col (Oct 2nd half) l1 1-2 bid.

Eggs Spot-No sales; Ont A- large closed 37 to 38 1-2; A-mecl.

32; B-large 26 1-2 to 27; B-med. ium 25 to 25 1-2; C 23 1-2to 24, (Canadian Press) MONTREAL. Nov. 26- WheB-i. nor no 2 91. Barley, C W no 3 42. Oats, feed no 1 34.

Hour. spring wheat ten firsts $580. m ts’ Flour seconds $5.40. Flour bakers $5.30. Flour winter wheat

choice $3.70. Flour white corn $4.80, Bran ton $4.80. Shorts ton $21.25.

‘ Middiings ton $26.25. Rolled oats bag-BO lbs 03.05. HB-y no 2 per ton caricts $10.00. Cheese Ont col 11 l-2.

Cheese Ont white 11.

Butter no 1 26.

Eggs in cartons A 1 large 47 Eggs A 1 medium 43.

E883 A 1 lilillets 40.

E288 A large 4i.

E885 A medium 37.

E888 A pullets 34.

Essa B large 3i.

E835 B medium 20,

‘lizgtatoes P E I mts 90's $1.35 to

patents.

P E I mts 80's 81.20-81.35.

P E I cobblers 90's $1.30 tn $1.35. 1> E I cobblers 80's $145.“, $12,, N B mts 110s $1.20 to $135,

Que mts 80's $1.05 to $1,171

Que cobbler; 80's 90 to $1.0:

Currencies

(Canadian Press)

NEW YORK, Nov. ~26_Thg French franc turned weal: again in the foreign exchange markets to. day, and, closing at. 6.58 1-4 cents, equalled the low mark set 135i; FWIY- Today's quotation was well below the level ct which it i; profitable to ship gold from Paris. The net loss today was .00 1-4 o; a cent.

Sterling Ind the Canadian e01. lar were firm. The Dominion dol. lar reduced its discount from 1 1- 33 to 1 P91‘ cent while the pound closed 1-4 higher at use a-4.

MONTREAL, Nov. 26-T'he Pound sterling was the only lead- "18 cvmiwy 0n Monti-en foreign 91191181189 t0 show a change today, 811111111: 1-4 or a cent at 14.90 11. lflt. The United States dollar held a one per cent preml French franc at 6.65 02:10am", the

The Annual Meeting

CHILDREN'S AID socrary or CllAlI-DUITETOWN

Will be hold In in Board Room of the City llall on Friday evening at 3 o'clock the 29th of November, for election of officers and transaction of business. ~

D11. 11. A- MURCI-IION of Saloon- wod Hospital will address the unet- iug on the subject "Some aspects of Innis! and moral diflioiency."

The Public are Invited.

©@©©©.@

L-SITI-ll-U-IT-IO.

ium 33 t0 34; A-puiiets 30 1-2 to,

Profiu for who yes:

Prinu duff: uupud b] orbs! ball’. TOTAL OF QUICKLY AVAILABLE RESOURCES (equal to 74.48% of all liabilities l0 8b: Public)

Other Loans . . . . . . . - "254-451311-29 To swufmnvur, ,‘ , nuvrbau ad nbm, on rod)- 1 tics: rcilsinnt with round ban-ling. i

Bank Premises . . . . . . . . 145991990439 - Tbrn properties OII] a! unirl in Ibo 1J0: of balling mu in; lbs nod and bond: u] lbou roar uiu an tn- tin y owned b] Ibo Bab and gpra nl lb! cub a! $1.00 ( is nub an. Al! atbn of lb: ab’: prenuur, Ibr value of wbirb largely cruel: 114,100,000, appear and" lbu beading. 1

Realism mdMoi-tgagesonkeailisuze Sold the ‘ Bonk "I . . . . , . 7 . 1.523.451” ,~' Aquiral in rlu roan: of tbo Bub’: buiimr Ill in prorm of being realized upcl. -

x Customers’ Liability under Acceptance: and Letters of Credit . . . . . - u 1,066,426.26 Repnmru Iiabiliric: cf annular: cs uncut of Lem-r: of Cndit baled and Draft: aupid by tbs Bub for tbaiv §IOIIL '

Other Assets not included in the Foregoing , g 1,846,892.11

Making Tomi Assets of . . . . g, q $792,772,872.76 lo mm psynmv! of Liabilities to lbs Publi: of 716,107,779.68

leaving m axon: of Asset: over liabilities to tbs Public of 76,665,095.08

dons no Contingent Reserve Fund. out of which Fund fuii provision

7 - ' . ’ *1 i iilliiiliiliiiii BANKOF MONTREAL 7* - A - A ' Established m7 . ' u! presentation, in easily understandable form, ' ' . i of the ‘Bank's ~ . i "tigiecgelfeiiar Em ANNUAL STATEMENT 8 8 V ‘ - 1 . ‘ c r 1 Saturday Issue 51“ 0 “be 1 955 "onw- - LIABILITIES i’,t'.‘§,vi;,',.,'.j‘,,gg'_j,"_ -- UABILITIES T0 rm: l-‘UBLIC -‘r,f§,,|§,,”'h°§§°_,_"",' ‘ ' . Deposits . . . . - . g v o o o $575.944J66-°5 Potatoes bus ... 46c pad], u-devnud a‘ d“, ‘uh-L nnratr; usuur Notes of the hick in Ciroilstion , ,3 g g 29,959,128.50 gala:- lingo‘: 4 10.11;..- Psjsbl: n demand. -.‘,’....§°?-.".. ' . .13 B1111 Per-hie - - - i - I . S - 551011-19 with: gal Tisu dnfu nrul and annealing. _ tomatoes ‘ih- Acceptance: and Lem. ct‘ Credit Outstanding . . 7,066,426.26 5;‘,;',,‘{,‘}°‘,“,',°' “c lbmadfbl‘: Financial vuponxibilizie: underlain on bebul/ of runnvm um, pk ' " 20c (u: off-rating marl/n [x] in "Kasai/Irvi"). ::;tl,",,'il.--'lT-3'5"<1* 1;; one. mania» t0 the Public . . . . . i.1a4.s41-01 ‘(Illmlilkinl i l!’ - 1"‘ Inn: wbirb do no: um: under lb: Iengdig I. edit" 11.1.1" . i‘? Tomi Liabilities f0 the Public . . . . . . T6fo1.119.8s Turnlps 3 for 10c wffifl‘; llfufl]; “t; LIABILITIES TO THE SHAREHOLDE “W-ce" - "iv-w c. ital s Ill! and Undivided Profits ‘ gifgigsasppigruil-ir‘ I?‘ . gndalebleqrvcs for Dividends . . . . . 76,66$,093-08 mbbage he'd " ' ' - ' 15° . Tbir mun! npmuu- Ibo Jbarebaldnf inmm in lb: Bub, xizlnlbafl,’ ' ' ' ' ' ‘ ' ' ‘ " our labirb Iiabilitiu In tbs public tube pnuleirrr. giglskflnrveelrs. hid 3517-11; 31.00-35.00 Toni Liabilities . . . . . a o i792,77Z,B72.73 u. ... .. C ' -' RESOURCES c 9,. . . . . . ma» To mu! tbc joregomg Laabxhtxe: the Bank bu 3.2235.’ Cash in its voile‘ and Money on Dqosif "with Err! do: . Bank of Canada . . . . . . o 0 321711155113’ _ nan Notes of and Cheques on Other Banks g a 27.614.596.16 Corner] illm-kerei encb . 15c P.7d,‘ i‘ “Ib a’ pflnfldmm 3111"“ "1 < - - - ~ 10¢ Money on Deposit with Other Banks n o c 57-764-531-59 mm m 1V ' [1 Governmeddul‘ a "Z311." iflfogsmtidlDebenuzres s61 169 so: 49 - e nt an er n an . p » s - ‘lake aneou‘ I?! Isxrdesdigg Quin Tbs gvulln grub: muim c gi t»: go ruuntiu in i: nan: n: n1 y u. session but Mom-guy,’ Ne“ Mush‘ Stocks . . . . . . . ' . . 105372.95 trading on the produce 59cm“, of Railway and [Humid all arbor doth. Nat agreeing maid ' ‘ Canadian Commodity Exchange ”'- ' industrial igiied to wiéause my broadrrioe . - Caillmusouiside of Canada . . . . . 18.835.238.07 c an . Quebe , t grass ~ ~- »-»-“-°“-- ‘ii-ma. i341». m?! .z::'.5:..:";’.:'f:.'..:::z~'.?'.'carer; qfi$rpigsobaasileasi Quéggc “m” available wilb so livtnbfll W“! an rendition: in gunk. bid-at 257-8 to 2c l-8 at the close a" Lin" i" am“ - - - ' ' ' "4"'5'756‘2° 9011111 and western regraded at 25 3-4 to Payable on hiladjnd mind by band: ad out: d . '26 1-4. gnunv uln lbs tbs Ivar. - Z cheese Spoté-No sales; Ont 55km» Amepmx” _ _ I ' _ I 159,252.54 w i

;555,374,811.14

PROFIT and LOSS ACCOUNT ended 31st October, 195$, after mining appropria-

OMRLES B. GORDgNa v

and the extent of it:

for Bad and Doubtful Debts has been made . . $4,007,502.06 ' Less T‘ Ind '1‘ ' ' ' r Taxes . . 1,002,089.49 $3,005,211.57 Dividends paid cir payable to Shareholders . . . 2,880,000.00 8 125,212.57 Balance of Profii and Loss Acconnl. 31st October, 1934 r . . 1,309,020.79