JULY 20.32327

}

j

We recommend Ngw Issue

Price: $10 carrying bonus of

these modern units.

Irving, Brennan

E. M. BAGNAL gang of Nova Scotla Building

S.M.T. (EASTERN) LIMITED 6% Cumulative Preference Shares"

per share 4 common share;

with every 10 preference shares.

The demand of the public for bus service is coupled with i; desire for comfort and convenient. transportation.

To meet this demand it is the policy of S.M.T. (Eastern) Limited to provide modern and efficient the current year the 0010115"! Wlll flllcrate at least fifty of

fiqlllliment. During

THE" (ZI-IARLUFTUUWN’ ciyglgpliguv _

‘TAG? P1X"

lfsrock QUOTA TIONS

Montreal Stock Exchange

(Supplied by Pitfield b Co. members of Montreal Stock Exchange and Curb Market)

,5

cenlrnl iiuardiuu locals, 4o per wo M, wlhldi Announcements and Con: n, pr! mil-ii; lu Alcuiorlism Notices, gplrliuul offerings. Cards. elm, do p w, “up, Notices of lliuulis slid A mini other rates on application. .

3.111s’ l-‘Olt HIRE-PEERLESS punk; Station. vL-1044-7-Z3-3l. FEOIl SALE — NEWLY IRESHEN- in Ail-shire Cow. Appy Michael 111-Alanna. New Haven. L-1053.

FOR SALE — TWO FRESH COWS. Alsl one colt two years old. Would elrhailgo colt for young cattle. Vtriiiln Proude, Union Road.

L-1027-7-23-3l.

EELTINIi-BUY HEAVY DUTY rllbbci‘ traces for haying, also hibber belting. Clinton Morrison, Dealer in new and used belting, Fredericton Station, P. E. I.

L-83-7-21-7i.

LITTLE RIVER TOLLING DUCK Dog P1111. for sale; Born June 12, Price s25. until August i2. Won- dcriul ilr-is. R. P. Hemeon. Town Clu-k and Treasurer, Yarmouth. Nova Scolia.

i

Agents Wanted

LARGE ORGANIZATION WITH

IQQQQ"QQ OQ>.. QOGfl-DQDflcUQUQQf-PQQQQQD i) sh IQ-DQ-v-i.

Advertising llates --~Payalile in Advance

Minimum Charge ffll l"! aWsrtlitsment twenty-firs seats.

l Sim-ks Cltlss & 00m an Ltd B“ i“ II y , _ grazillaéllk 255: 251/. ' ruc 1 L-MANAGER E B C Pow A 34% 34% Charlottetown guildcProd 16 6 an em 1 |Can Nor Pr Can Car Fd Can Car Pfd 25% 25's \ 8:11 Il-Iydwlx gfd, 86 86 n n gen -Pac 11% 11% i=1 gram-a aua ltisllarn locals, s: cgilailiam g vents 2 . 1 1 10o par lnchp; “il-1I"1_.'r“'r1.l'r':1”~ll1'1l“ gglcl]: gllggt 1111:3311? 55111:: lllllullffi”: i: Dist S835 ' 9 Dom Coal Pfd 21 21 Dom Bridge 49% 49% gem $1. B 22 22v. 0m ex 85 85" ____—~-~__ lgryoen 1e is 16 11 n2 Elec A o. Le‘ gggnglefgog 24 24 “"7 ‘ -- lGcn st Wares - T0 LET-HEATED FLAT, six Goodyear YOOIHS. Upper Prince. All coiivcn- Gypsum l4 14 iences. Immediate or September Ham 311F159 , 15L "Wlfll- Alimy "J" (iuai-alah. , if?‘ 31°41‘.- 1321" _—-—-_1511019‘7‘2J'*f"2“'2"'29"3'-,r11» Nickel 114d; as ‘ “ w _‘_' lillg‘ Pow Pfd Nliasgeyv 1912?? 138% ,. m»- wu» - some; 11.: lady desiics lnigc comfortable Nat Brew 41h, 411., room with board in private home. Nat St Car 48 48 i Write particulars to Box E. Noranda 65 64% Guardian. L-1029-7-23- l. POWer Corp 22 22 i" -~—~- .- gilabaciraw 12'; 1111f. . v L’ ., Mmcenanfiu’ gtlallfaftlvggld L123.- t aw 011a MATURING POLICIES ARE 80" 0"" POW great bushess-getters. If you s" “f ca" insure now you'll be just as pleas- Gig} Pr: cd as ou1- old policyholders. Sun E13 B

Life policies satisfy. Consult J. A. Moore, Currie Bldg. Charlotte- town.

Worllvll-Zaetsé —

TRAINED PRACTICAL NURSE with Dploina wnnls work. Apply "H." Guardian. L-1033-7-26-2l.

oler T110 dealers has opcnlngfol mm: \\'l‘ll cnr to distribute food 11hr‘ household products in a route of 91v) hnmcs in your own county. Experience unnecessary-We train

you Steady lvork. $70,110 lvccklv, For the territory of voul- choice. wrlic immed-

lawll" fru-Fomilex Products Com- pally. 57o Si. Clement Street. N1n1l1real.-(3).

:T§T?fififiF” EXilMlllATlllll

i Filling and Slirtnlylfll-GIBSSQI BIC

1.1 11111 1

OPTOMETRIST MONTAGUE, P. E. I. 0l1'ice Connected With I

Drugstore

Earn about .

Grotving ‘niorest in smoother surfaces but the interest in novelty slubbcd weaves is still strong.

Pour Min-rd’: into u warm dish. Rub liniruenr gently in; then Apply it according l0 directions . . and soon

you'll get rellefl

N11111:?

VALUAELE Residence For Sale

liagnillrcnt House containing l1 fllflms. all modern, City Lights and Willi-r. ilath, New Barn, beautiful lliadc trccs. Hardwood Floors, on m)" "llfhway. Can be ’ ,. ‘ ' Iny day llciwccn 10 A. M. and 7 P- M Will be sold private up to August 1st. Just beyond City Limits. Avlfly on premises to owner. PETER CRAIG, St. Avard's.

Far Sighted Eyes

i-i

sfllmly per cent of far "5""'d “Yo! are weak re- ' "“"““"|Y. Discomfort from

this condition shows mostly I

at near work and may hi: headache, sore eyes. ner- vousness or even upsct stom- ach. (‘or drivers In this class ma)‘ suffer considerable dis-

Mecting of Blacksmiths of King's County will he lit-id in Cardigan Hal! ‘Thursday’. July 29th at 8 o'clock. All Blacksmiths arc re- quested to attend.

By order Blacksmiths l Protective Association. L-1039-7-26-3i. .

For Immediate Sale

A . Complete Buckwheat Mill, rollcr process, two reels, Smuttcr, Clcancr, double set of 9 x 18 rolls. French Burr Smasher Dust collector. Suction Fan, Dis- integrator. Four Standard Rolls-t) x 18. Eighteen sets oi‘ Elevators Two Monarch Sieve Boilers One Monarch Smutier One Monarch Purifier One Corn Reel

0m. (Stovcrl-Dlt-sel Engine 30-

eornlort, Gin"! "u". “u, H. P. in excellent condition. smlin‘ To be sold whole or in unlts—rcn- sonable price. Make your offer to G. F. IIIIIIIIIBSUII M. a. MARK, iv-Q Pugwash, Nova Scotla.

Professional llards

-—-i-i-, ECGhAN & CO. '

m Richmond Street Phone 67, p, i),

McLeod &

W

Bentley s. son-rear, x. c, Barrister; 151;?“ K‘ c‘ -. . MONEY ..."::.'.-::-'"

Alex- W- Matheson

mmfilfil}. soucrron, gm. pm": so " Collections

Great QM," sin“

l. ALBAN FARMEII

‘Pillars-a sol 101

- - . roa arc.

no ' lllof N“! To m“

L-1013-7-23-3i.

I I Q Splnning8ifleavlng

Send me your wool to be spun into yarn snd woven into blankets. Charges are. single yarn 23 cents per pound, doubled yarn 26 cents. Blankets $2.00, lf unlaunder- ed 81.85. It tskes five pounds of wool oer blanket. Wool must be well washed. all dirt and burrs nicked out.

The slse of single ysrn ls: medium, doubled yarn: flne. medium. coarse and hooklnl- Put shippers and owners‘ name on all parcels. address Ind Instructions Inside.

Send by mall or freight. Freight will be paid on NW pound lots.

Price of well washed and picked wool -isl 35 cents s pound. Special price for un- wsshed wool.

WM. CONDON. ' 06 Queen St. Charlottetown

Charlottetown

Flour Mill includingn

Montreal Curb

(Supplied by Pltfleld and Co.)

Stocks Open Close Abitibl Asbestos B A Oil 23% 23% Beauharnol" 8'11 8% Brew Corp Bath A 21-h 21% Can Vick ' Dom Tar Don A 15% 16 1<‘i'a er Fraser V 1T C 44": 44% Ford I-lir Walker 50 50 Home Oll 20% 21 imp Oil 20's 21 Int Pete 35 35 Mclcliers A Price Price Pfd Royalite 50 50 ' MIN G TORONTO, July 25 - 101°) -—A Jllylflg rush in Pamour Gold sent .111.- price up 42 cents to 2.76 on ,ihc Toronto mining market Sat- urday. It was the only heavy gainer. Mines. on the whole. sold

down to show small losses in the lndiccs.

Base metals registered a few

more narrow losses than gains and the western oils were steady to strong. Sherritt, Sudbury Basin land Pend Orellle boarded reces- sions. There was little interest in the silvers and Nlpisslng closed 5 ocnis down?’

Among the cheap oils. Monarch and East Crest were the most ac- tive with East Crest recording a

' minor gain and Monarch closing _ added a

unchanged. Hlghwood pollit and Calgary-Edmonton, Cnl- y mont. Okalta and Vulcan were off a few cents each.

Buflalo-Ankerlte gained 25 cents i in light trading and few other. golds, including Canadien Malar- lic, Coniagas. Little Long Lac. Premier and Took Hughes added a 1 few cents each. A majority of the soft issues traded in meagre vol- . lime. Dorval-Siscoe, Oro Plats 5 Mom-ta. Reno and Red Crest and ‘ O'Brien closed 20 cents lower. Nip- isslng was off a few cents.

Banks

(Suplled a; Eltfleld and Co.) Banks 0P") ch"

Bk Can

Bk commerce ~Royal Bank Bk Montreal Bank Nova S

NEW YORK CURB (Canadian Press)

3003M

Stocks 01°"

{Amer Can B '3 -Amcr Super POW?!‘ ‘Assoc Gas Elec

i Atlas C0117

Can Marconi

Cities Service Co Amer Gas Elec

Creole Petroleum Elm Bond Share Ford of Canada A Niagara I-Illd’0l'1

Un Light POW A

Un Light Pow Pfd Gulf 0f Penn Humble Oll

Brown Preferred '

MARKETS AT A GLANCI

7% 64% 50 84%

(Canadian Prell) Toronto and Montreal-Stocks l ll‘ -'y lower. nllgw York-Stocks 11181101‘- Winnipcp-Wheat 5-6 00 7-8 oents low-er. New York-Canadian dollsr 1-82 higher at 1.00.

NEW ZEALAND mans BETTER WELLINGTON. N. Z. -— New

zealand had a favorable trade bal-

ance of nearly $75,000,000 for the

five months end")! M” 39- 93'

ports increasing t30.000.000 over the

1906.

same 96'7"“

FINANCIAL NEWS BRIEFS

(Received over rllfleiu and Us‘: Private Win)

New YORK. July ai-‘A modi- fied homing bill has been intro-

day or Tuesday of next week the Willie and I-lour Bill will he re- Ported. Newport industries for June quarter reported 08 cents against 79 cents in the for six months $1.47 against 31 cents. We would expect an irregu- lar market this morning with prob- able strength in such stocks as 38111111810" Rflfld. Sooony Vacuum Goodyear. Int. Harvester and other specialties.

WINNIPEG, July 1-4 to l-Z cent higher. They closed 5-3 to 1 higher. Monday statistics abroad are expected to be bullish as worlds shipments will be small with another sharp decrease in stocks afloat. Continued drought conditions in Argentina and also in the big wheat producing Aus-

South Wales are causing appre- hension abroad and alto alarming farmers in these countries. Without general heavy rains soon in Argen- tina it will be difficult n! produce a normal crop as germination has been poor. Weather generally fair and warm in northwest and Gan- ada. Rust damage is increasing in many sections. A fair business ll hard winters was reported for ex- port yesterday and a big business in Canadian wheat.

TORONTO, July 24—Powell Rouyn-Option granted on 100,000 shares at $1.75 up to August 25,- 1937, 100 shares voted 1n option taken for cash leaving lmued cap- ital at 1,147,057 shares.

Albany River-New ore shoot on

140 feet with east face exception- ally rich. No grade or widths given

Mining

(Canadian Press) TORONTO. J-uly 24..

Stocks

A P Con 36 Aldermac 111 Argosy 40 Astoria 8'41 Bagamac 111'». Bankfield 82 Base Metal 28 Beattie 125 Bidgood 46 Brown O11 50 Buff Ank 925 Buff Can 3% Bunk Hill 16% Cal Edm 305 Calmont 70% Cdn Mal 125 Castle Treth 100 Cent Pat 276 Cen Porc 12 Chem Res 100 Chromium _ 80 Comwealth 40 Conlagas 225 Con Chib 100 ' .Darkwater 46 Dorval 45 East Malrobic 104 Eldorado 277 Falcon 800 Fed Kirk 10 Francoeur 74 Gillies 31 Glenora 8 Gods Lake 65 Golconda 7 Goldale 23 Co d Eagle 38 Goodflsh 14%’ u!‘ Bo 10 Hnrker 13 High Bar 23 i-lome Oll 215 i-lowey 35 Jelllcoe 106 Kerr Add 272 Kirk Lake 130 La na 50 La a Cad 60 La e Shore 50's Lava Cap 115 .b 20 tch 73 Little L L 570 Macassa 535 Madsen B0 Macbood- 1 1 199 Mari East 3 McIntyre 36 McKinley 63 McVlttle 32 M.Watters 31 Mere Oll 35 Min Corp 355 Model R0 gill ona y Moneta 166 W55. 2'1’ l)! Newbec 3% New Gold 8'1 Nlplsslng 245 Normetsl 193 Norgold 4 O'Brien 530- Okalta W! Omega 53 Oro 113st: 1;); aca Pnmour 775 Psyore 33 Parkhlll 3° Partenan 14% gaymaier g3 aymas er Perron 118 Peterson Pick Crow 576 owell 14B Premier 1x0 Press Met 1 Heston 103 Pros Lake 8b Roche Lake 86 no 68 Red Crest 65 Roche 13 Sherritt 260 lscog 370 Sladen 100 Slave Lake 70 Siedacona 123 Sud Basin 426 r 12°11‘ 1. ’ 9c '18 eel: H it; Towagmm 110 can 106 Waite Amu 320 Wiltsey C 4 ood S7 Wright l-fsrg _ 635 Ymlr 23 Dal O11 East Cf‘ 16% Foothill 120 Nordon 17 O11 Seleo 5'4 860

rluced into the Senate and on Mon- .

preceding quarter -

24-Chlcago

tralia status q’ Victoria and New

375 foot level has lengthened to

but managing director of opinion

.that ore is of good commercial I grade.

Canadian Car loadings-wast cars for week ended Jul 17 shows at» compared with 51.92? previous week but up more than 2,000 over same week in 1936.

operations in second quarter at ca- pacity in most important lines.

I Encouraging improvement in prof- its "for first half recorded.

NEW YORK. July 24—Chrysler declared dividend $3.50 against $2

i I Steel Co. of Canada-Reports

I Stock Exchange

New York

1Snpplied by Plifleld and Co. meni- liers of Montreal Stock Exchange and

y Plaid June lb-Eamed 3.80 a share -in June quarter against $2.51 in preceding quarter and 4.18 in June quarter 1936 Six months

$0.31 a share against teas 1n 193s l first half. NEW YORK. July 24—Market

‘ continues irregular but it is to be 4 noted that leading stocks Jump up lqulckly again after fair setbacks while here and there others go P10118111"! through for new highs. Thus. both Phillips Pete and In-

ternational Harvester made new hlshs yesterday as did Case I Threshing Machine. though the

latter dropped back again. We con- tlnue to favor these stocks, 111ml; Caterpillar ‘Tractor about ready ‘for a move into new high ground. Cerro De Pasoo Jumped further and then dipped. Continue to fav- or holding it for new highs and for trading would buy the 1 1-2 to 2 1-2 point setbacks. The utility group shows vigorous strength but. is still far and away behind the market considering the Supreme Court developments and the con- tinued increase in earnings. Would buy more‘ of selected utilities on minor reactions. Westinghouse makes a new high for the move and rumor has it that s big split up is coming here.

Produce Prices

(Canadian Press)

MONTREAL. July 25—A steady upward trend prevailed on Mont- real open uoe markets last week with eggs and butter featur- ing in the upswing.

Graded egg shipments in car- lots or less were quoted at 28 1-2 cents a dozen for grade A large. 27 for A medium, 23 for B large and 20 for C.

Butter was quoted at 26 3-4 to 27 cents a pound for cal-lots or less of no 1 while lots to retailers were quoted at 27 1-2 for solids and 28 for prints.

Cheese was quoted at 14 3-4 to I 15 cents a pound for Ontarics with

Quebecs at 14 1-2 to 3-4.

Potatoes: Que new whites no 2 80's 80 to 90.

MONTREAL. July 25—-Prica= worked steadily higher on Canad- ian commodity exchange produce sestion Saturday.

Butter Spot-Que fresh 192 score) 26 3-4 to 7-8.

Cheese Spot-Unquoted.

Eggs SpofFOnt A large 30A; A- medium 28A; B large 22A; C 20A.

Futures-Butter steady, un- changed to 1-8 oent higher, July 26 3-8 to 7-1). N0 1 27 1-2 to 3-4.

Currencies

(Cans/dim Press)

MONTREAL. July 25—P0und sterling advanced 3-9 cent on Montreal foreign exchanges today to 4.96 27-32. The French franc declined .02 cent at 3.74 cents while the United States dollar dropped 1-16 to 1-32 discount.

NEW YORK. J-uly Zfi-Foreign exchange dealings were quiet to- day with fluctuatlons of principal currencies held to a limited range.

The British pound, after minor variations. finished unchanged at $4.97. '1'he Canadian dollar gained 1-32 of 1 cent at $1.00, the first time it ‘ias attained par since early June.

The French franc was up 1-4 of a cent at $3.73 3-4. In London United states dollar pushed up l5- 16 of a. cent to close at $4.96 3-4.

UNDATED MONEY BOX

(Clllldllll Press) Clodng exchange rate :-— At Montreal-Pound 4.99 27-82; franc 3.74; U. S. dollar 90 31-32. At New York-Pound 4.97; franc 3.73 3-4; Canadian dollar par. At Paris-Closed. In gold-Pound 1% 1d; U. S. dollar 50.411 cents; Canaclllin dol- lar 59.44 cents.

MONTREAL. July 25 — (OP) — Volume dwindled to the lowest figures for two years on the stock exchange Saturday with only 8.200 shares traded. Prices ruled steady with changes ' ‘, f1 ctional.

One or two constructions with

‘and Val d'0r.

Canadian Mining Country Shows Growth

Representatives of the Special

Issues Division. of Johnston and Warci. Montreal financial house. have returned from a visit to the milling districts of Quebec and On- tario. where they made a special study of the current stages of mine- making. They have expressed themselves as thoroughly impressed and enthusiastic as a result of their observations. Poms visited by motor included Temagaml; Cobalt; Kirkland Lake; the Larder Lake area, where Kerr- Addison is proving up a large ore body"; Prancoeur; Arntfleld; and Al- dermac. After a lunch at I-lalliwell Gold Mines Limited. the party pro- ceeded to Rouyn. with a. special visit to Beattle Gold Mines. where impressive work is in progress, and to Dumioo Gold Corporation. where a pipe line to Lake Dupamuet, 2'12 miles away, has just been installed, to bring in the water necessary for the mine. They inspected the shaft sinking begun here, and the diamond drilling now in, progress. proving the extension of the pres- ently indicated ore body.

From Rouyn. the Johnston and Ward group. flew to Val d'0r. pass- ing over Stadacona. McWatters. the Caddllas and Malartics, w spend some hours in both Bourlamaque visiting Lamaque, Sullivan. Siscoe and Shawkey. re- llirnirig by the same route. I

On reaching Montreal. the patry stated that they were satisfied with l all they had seen. and issued a: general recommendation to Canad- , ians to make a similar trio through ‘i the mining country if they would l understand the ‘mporiance of the‘: mining industry in these two Can- adian Provinces.

ENJOYS WELCOME PRETENDS ANGER

CALGARY. July 22~1CP)—Well- feigned anger almost turned the tables on cowboys, here for the stampede, who "roped" and painted George Lyon, editor of the Buffalo! N. Y. Times and hauled him in a° buggy beside an Indian woman and her papoose to his hotel.

He had the funsters worried for a. time when with solemn face and bristling with "mock“ anger he’ complained to neyvspaperment "It! was disgraceful. All the WHY to Cal. gary I had been preparing a little‘ speech for when the mayor and councillors came to greet me at the station. And what happened?

"No sooner had I stepped onto the platform thcn--whizz-a lassooi had settled about my shoulders. myl face painted all colors of the rain- bow. and I was marched out of the station like a common horsethief.

“My little daughter was horrified. ‘Where are they taking my daddy.’ she cried."

He continued along this line for a time and then smllingly congra- tulated Calgary for successfully re- verting to cos-town days. "The re- ception I got this morning tells

Curb lurkst) Stocks Close Al Chem 237% 237% Am Can 107 7 2m Eggs: Pr s". 10v» 22 22

Am Tel Tel 172541 172 Am Water 20v. 21";

; Anaconda 51g, '71,, A :0? 83hr B ‘i;

l tl e min Aub g 19 191's Bald 5*. s“. Bait Ohio 28's 28“. Bendix Av 20': 20'1- Bel-h St 94h 95'. Briers Man 43-‘. 45'.

*6 180 4

Chas Ohio 52"»; 52H Chrysler 113v. 11s". Com Sol 14's l4

, Com So 3 3 Con Can 8g: géigsa 40% 40"; Corn Prod 62 62 Cur Wright Deere 141'; 141*. DUPOIIt 163 164

- Elec Auto Lt 39 39 Elec Pr Lt .19 39

,Elec Pr Lt 22'. 23". Firestone Gen Elec 58-‘. 59 Gen Foods 381-. as Gen Mot 56'» 5671. Goodrich 38'; 3i; Goodyear T 41'. 411i Gt No Pfd 51-h 517/; Hud Mot Car 16 16"; 111 Cen 25'. 25'. Int Ho!" 115% 115-111 Int Tel Tel 12 12% Johns Man 0o Kennecott 60 501/8 Miss Pac Ry Mont Ward 64 64v. Murray Co