DECEMBER 27. 1939

2521.242,”

indsnr

oii oouiiiioii SQUARE

I - Alderlc Raymund, Via-President

I We have a marketing plan, that places an opportunity before you to sell your sil-

yer fox. -/

Shipments received daily at 110 Kent Street ‘

W. CHESTER S. MeLliliE

>

#005000 OO O O OO O O O O O-ONOOOO-KGOQOOO-OOOMO-O-O-O-OO-OOJ

iEiR. Brow &"Son

Fire, Auto, Life, Accident, Sickness and Plate Class Insurance

at Lowest Rate

Agent at Summerside, 144 Richmond 5t.

Lloyd Lewis Charlottetown

Advertising Rates-Payable in Advance

Rlillllllllilll (‘harge for Any Advertisements 25 Cents

‘" "will? 5B l1" "Md; Western and Eastern locals iniiuni-eiiieiits and Coming Events 3o per word; _ _ unrd; linMt-morlam Notices 70o per inch; Lists of i . unit Slttrltllnl (liicrings, Cards, etc., 5o per name; Letters of (‘unitulriii-i- 701: iii-r inch. Wedding engagement 40 words for $1.00 and I0_(‘t‘_llls for i-vcry additional 3 ivords. Notices of Thanks and Apiirrriuliuii. 701' nrr int-ii or 4e per word. Lists of Subscri tlons 4!! rents iii-r iiirli, Address and Presentation $1.00. Other rn on iipiilii-iitiiiii.

Mule and Female Help Wiintcti F07 Sale

FOR. SALE — SEVERAL BASE

iii (‘OVERNMENT

t .tl‘l'it‘ll'. Po-lstiiil Clerblé. lflilcrfilterggmlfigglsfhlg Apitgivegé gall‘: 1Ilillll(‘l'. L] (if , C . - _ _ _ _v' _ ‘iiie ,\i CC. Schools [Old street‘ L’ 83 12 27 n‘ * ‘i"'~ with‘ l" Cim‘ FOR SALE - 2 STACKS nay,

four year old blood mare. six year old cow freshens 18th February, slielven sleigh $20.00. 29 Plymouth car $35.00. David C appell, Bread- albane. L-89-12-27-2i.

>11f.-_ N-llfil-IZ-S-W-tf

Mule Hui; Wanted

\\‘ .\ x ‘r i; nK-TT)

\|'I'|II5N'I‘I _ MODEL SCHOOL i urn liurt,» , ‘Yruiiv snort Course. l-‘xiwri ilfilllltitl. l\lular Barber H0110, Ron for December. 001W" 11"" X~ N455 (In alphabetical Order)

Grade VIII: Doris Dowiie Alfred McDonald.

Wanted

___ __ ..____ 1\ “"1110 -_ lil.\t"ts‘\ll'l‘ll's VICE Grade VII:

it'ill (lllll. Amilr Box 9 North Stephanie MacDonald.

\\“il'~lllit". L-Ji-ll‘ "'l-3l» Kiiincr McMillan. ‘ "“"”‘ ' " “ Phyllis McMillan. l\‘\.\"I"l'ID -- ’I‘I\‘ ROOF FOX Grade V:

rot nutl a iwiiwt‘ “l iwtl-“YSQ” Bett. Cameron. [WWTI t“‘il ll‘. W. J. Jenkins. mug, Lou Howatgt} i“"i‘l"-ll"“i- “s! l June Younker.

Grade IV: Geraldine Bryenton Roma Dunning. James Korrey. Ivan Mitchell. Saily MacDonald. Francis Savidarit.

IWDICSQCOIIOZII» lcaTiE

McLEOD 8i BENTLEY

“V- I3- Y‘ K17 Noreen Smith ("3 ' m“, I fill,’ Grade III (a): Barristers. ‘lIItI Ellllltlldvl-‘tlt-LZW viva“ Andrews‘

Betty Beers, Inn ltlcMillan. Grade III (hi: Jclin Court Anthony Moses. Marie savidant.

HONEY TO LOAN 131i Itii-iiniiiiiil Street

n r ARCHIBALD

' ' Laura Btnns (‘iiiii'li"r¢‘rl Ari-uiiiitiiiit ggggltlcraiggllvs. l-itl ltii-iiiiiimil Street Nan M-,\(~D;ma1d_

I'Il0lI(‘ l7 no. u.“ i2

i\‘l_ina rrl's kills pain.

l ALEX w. MATHESON L"

- fi's'fn's'is'fi 'n'u'is

B.\llili.\"l'I-llt, Stllilfiftllt. ICTC. Ali-tiny in |.ii:i|i (‘ollct-tions (lltirc: Silt (Lrut tivnrgt‘ St.

M. ALBAN FARMER

Wi- will run our business under

ii..\.. i.i..ii. strictly cash IIZIFI! commencing A.\iiiii.~:'ri-;|i. sutivrroir. ETC. January Zml- 9 - _\|(),\'|.j\' '11) “my h l\Il btllls: not scttllednby tllien will! . ._ , , ~ ~ c sen o our so ic or or co- B-IIIII“IIIIIQ t-iiiuiln Building, ‘cumm-

iiittntown mined ' " W. I’. SMITH 8i SON. Stanley Bridge. L-72-12-26-3t.

W I

Diamond Drilling 1

PERSONAL LOANS

\\'i- (tie-Ii to niiiisc we now

0|)(‘l‘llIt' I ‘iinmiirl Drilling

i‘l]lli|lllll‘lll us ii-rII as Churn

Ilr-ll.» flll‘ nun-r nrll irork. For Any Useful Purpose Including Winter Expenses

Our l)iiiiiininl Drills are ninili-rii IJIIILLVPZII‘ machines. (liir drilling llI‘\\3 arr expert! iriiincil Ill the gniil Iii-Ids of the North Country.

ONE YEAR TO REPAY

APPLY TO NEAREST BRANCH OF

The Canadian Bank of Commerce

Gel our (inure on tliiit test hnlt- or [bl‘ll.\]'ll‘l‘t Imlii, you want put don n.

MONTHLY DEPOSITS PROVIDE FOR REPAYMENT

You Make

_ . 1f You Rgoul 11% ltélialnstlily

B rrow ce ve p s o Company Limited ,.° ... . ...... ... 5 ion $ 100.96 8 9 AHHAIIAM PEN-HIS, § § Mirth .'\ll\“‘i‘i'.lll liulel. ,5 334 5 303,25 Q27 Charlottetown. ‘S 540 S 505.54 $45 $1.068 81.00088 $39

OTHER AMOUNTS AT ‘PROPORTIONATELY [DW RATES YOUR PSTATE LS PROTECTED BY LIFE INSURANCE WHICH

TiiE BANK ARRANGES.

V.\Il(‘-II.'\.\‘ II. GROOM. MEI‘. for Prince Edward Islllid Summcrslde

THE CHARLOTTE

STOCK QUOTATIONS

N. Y. Stock Bllill Close Am C and l" a1 Am For Pr 25 1-4 Am Radiator 9 5-3 Am Tel Tel 17o 3.3 Am Water 11 1-8 Anaconda. 30 1-4 Atohison 24 Bait Ohio 5 1-2 Baldwin Loco 17 1-8 Bendix Av 30 1-4 Beth Steel 81 5-8 Cites Ohio 39 3-8 Chrysler 89 1-3 Commcnwea So 1 1-8 Con n 29 3-4 Col Gas Co (i 1-4 Curt Wright A 2B 5-8 Eiec Auto Llto 37 1-4 Elec Pr Lite 6 7-8 Gen Elec 40 Gcii Foods 47 3-4 Gen Motors 54 1-8 Goodrich 19 1-2 Goodyear Tim 23 3-8 Gt Nor Pfd 26 1-8 Hudson Mtr ca: 5 3-8 Int. Tel Tel _ . f 1 Kennecott 38 N Y Cen-tral 18 Nor Am Co 21 7-8 Nor P94: 8 7-8 Paramount 7 1-2 Phil Morris 91 Phil Pet Co 40 3-4 Radio Corp 5 1-4 Sears Roe Co 83 1-2 South Pac 14 1-2 Std Oil N J 44 1-4 Studie Corp 9 l-tl Texas Corp 45 5-8 Stude Corp 9 l-8 United A11 l5 United Corp 2 1-4 United Drug 5 1-8 United Gas Imp 14 i-4 U S Rubber 40 1-4 U S Sti Co 66 1-2 U S Ind Al 24 3-4 Vanadium 33 3-4 Warner Bros 3 7-8 West Union 25 7-8 West Elec 116 1-8 Woolworth — Penn R R 23 1-2

i

Yesterdays - Local Market Quotations

CORRECTED FOR EVERY WED- NESDAY AND SATURDAYE

New York Curb

(Canadian Press)

Stocks

a i

mu

4N uv-u-u-u-n-r-n i ‘Li I

l!“

Am Super Power Cities service Creole Pet

El Bond Share Gulf Oil Corp Humble Oll Lockheed ALr Nlag Hudson Pant Oil

FINANCE

By Frederick Gardner Associated Press Financial Writer

NEW YORK, Dec, 26—(AP)—A somewhat pale and languid stock market displayed stumbling propen- sities today when operation; were resumed after the Christmas cele- bratlon.

A few aircrafts and specialties Commended moderate buying atten- tion for gains of fractions to around 2 points. but pivotal issues general- ly finished with losses of small a- mounts,

The Associated Press average of 60 issues was off .2 of a point at 50.7. Transfers totalled 724,070 shares against 719.520 last Friday.

Modest trains were retained by American Telephone, General Mot- ors, International MercTiantlle Mar- ine, Canada Dry, South Porto Rico Sugar and Montgomery Ward.

Behind were U. S. Steel, Bethie. hem. Chrysler, Anaconda. Interna- tional Harvestor, Santa. Fe, N. Y‘. Central, Wcwtlnzhouse, U. S. Rub- ber, General Electric. Johns-Man- Kill? Loews and Standard Oll of

International Nickel. in the Can- adian izrouo; fell back l 1-8 points to 36 3-8. Fractional losses were listed by Disftfirs-Seagra-m. Brazil- ian Traction, Ford and Lake Shore whil- Dome. Walkers. Shavrinlgan and Imperial Oll gained as much.

Daily War Survey

(By The Canadian Press) flnlands heroic defenders ap- pear to have stopped the vaunted Red army of Soviet Russia for the time being. The next few weeks may prove as great a test of Rus- sian statesmanshlp and general- ship as the past few were a test

M I

uugggqwu @?G63b-l lI||l mwapwnua

0c of the afflcientcy of the Red army.

One difficult thing in war fare is to know when to stop an un- productive offensive. In the first Great War bot-h Allied and German commanders from time to time did their countries poor service by con- tinuing hopeless battles at heavy cost Ln men and supplies.

The Finns appeakto have brok- en the force of the Russian three- way drive into Finland on all fronts. Assuming the Soviets are

40c detemiined to subdue Finland they

may choose one of three courses, keep up the pressure on Finland by bringing u more and more men. guns an material; call off the offensive until an entirely new one with fresh troops can be or- garitaed. probably not before spring; or call it off altogether and re- sort to the wholesale air bombing of Finnish cities and towns in an attempt to wear the country down.

Either of the latter two courses

ISSUE RETAIL MARKET A les k 25-350 (in: 38-42c Parsiiips lb 4%! Cabbage each 5-100 Carrots 3 lbs 1 Squash lb ‘ 2c Potatoes pk 29¢ Beets 3 lbs 10C Roast Beef 16-220 Bolling meat 12-141! Lamb b 16-20c Corned beef 12¢ Stew meats 12-l4c Steak lb 16-25c Butter dairy 33c Chicken $100-$135 Cream qt Fowl each 50-85c Geese $211043 00 Pork lb 18-20-220 Ducks each 8541-35 Spinach lb 17¢ Onions lb 59 Turkeys $250-$350 I Currencies NEW YORK, Dec_ 26—(AP)—- Foreign Exchange: Great Britalnl demand 3.95. 3.94 3-4, 3.94 7-8; ~

Cable: 3.95. 60-day bills 3.91 1-2. 90- i day bills 3.89 l-Z; Canada .88 5-8;. France 2.23 5-8; Germany 40.2511; Italy 5.05; Netherlands 53.10.

In Memoriam

MRS. (CAPT) JOHN SMITH

It is a sud duty t0 16601751 U16 passing on Nov. 8th of one of Georg-etowirs highly respected cit- izens in the person of Mrs. (Capt) John Smith (nee Christeiia Me- Donald) at the age of 76 years. For 54 years she lived in Georgetown and gave freely of her time to church, school and charitable work. Her husband predeceased tier ten years H30 and shortly Bl‘

ter his passing she suffered a severe illness, but. possessing a remaikable vitality, she iecoverecl

and until a few months previous to tier death. due to a heart con- ditton. she was able to take an ac- tive part; in the lighter duties of her home-a home where kind- ness and good will were always present. and old and young alike will miss her counsel. hospitality and her cheerful "Come A8411"-

Slie was the daughter of the late Stephen A. and Mrs. McDon- old of souris. Four sisters and two brothers survive her! 011's- tCapt.) A. A. McDonald and Mrs- iDr.) A. A_ McLean. both Charlottetown. Mrs. Margaret Mc- cormac. Dorctiester. Mass,

involve an admission of defeat. The first involves the risk of a great- er defeat and of dangerous dis- satisfaction in the army. Even the bravest soldiers resent being slaughtered in a fruitless campaign, because their leaders refuse to ad- mit failure.

WELL, IT'S WARTIME

MANCHESTER —(_CP) —Con- trary to custom there will be a stage play here on Christmas Day as the management feels the sol- diers home on leave from France should have a special opportunity for entertainment.

of Salt Lake City and D. Frank on the homestead. 'I'here are left to mourn the loss of a loving mother two sons and five daughters. name- ly: John J. of Montreal, who was present for the funeral, Ambmse of Los Angeles. Mrs. J. L. Howri- gait. and Mrs, Fred Tavour. both of New York. Mrs. Frank Daziel, Bor- den. Mrs. Edwin MeDonald, Pan- mure island and Bertha at home. also 22 grandchildren. Everything that could be done by a devoted family to delay the call was done but God willed otherwise. resigned and fortified by the rites of her tioly religion she passed away. A tar number followed her re- ma ns to St. James Church. George- town. Requiem Mam was cele- brated by the pastor, Rev. O. Kig- gins who also cOnducted the ser- vices at the grave. assisted by Rev. F. Mulialiy of Sturgeon. Messrs M. Donovan. L. H Douglas. E.

MINING

(Canadian Press) Stocks Close , Dee. 26- Afiton Oil I Aiderinsc l6 Cold 4 1-4 Ang Cdn 92 Huron 250 Arnlifiled 9 toria 2 Aunor 240 Bankfi Z3 Bose 30 Beattio 110 Btdgood 12 3-4 Bobjo 8 3-4 Bralorno 11 Broultm 64 Buff Cdn 3 cs1 220 Cslmont 40 Cdn 76 Cariboo 214 Css Trelh 70 Cent Pat 245 Cent. Pore 10 1-4 Chem Rea 55 Chester 94 Cochenour 78 Confer-uni 175 CD111 Smelt g l-Z v es ' oii i“- zo 1-2 Dorm i 3 1-2 r MAJ. i 890 Eldoreidio i ,1oo Falcon t 895 . - ‘fin Lak \' l. 2i 1 2 Gold Eagle 24 Gold Gate Goodfish 1 1-2 Gunman- GOId 52 alcrow 3 1-4 Hard Rock 135 Holltriger 14 1-2 Home Oil H0 Homestead 5 1-2 Howey 38 3-4 Hud Bay Min 32 nspira. 32 Int Nickel 45 1-2 Jellieoe 15 1-2 Kerr Add 245 Kirk Lake 148 Lake Shore 28 Lamaque 710 Lana Cad l4 1-2 Lieitch 85 Little L L 296 acasse. 415 MacLeod 238 Madsen 51 Malartic 103 Man East 1 1-2 lvfcKexizie 135 McVittie 11 Mcwatters 58 Min Corp 131 Morieta 87 Morris Kirk '7 Naybob 31 Newbec 2 Noriinda 7'1 1-4 Nonnetal 80 OBrler. 16.5 Okialta. 120 Omega 96 Pamour 234 Partanen 4 Paymaster 44 Perron Gold 185 Pick Crow 405 Powell 212 Prairie 19 l-2 Preston 238 Que Min 35 Reno Gold 53 St Anth 15 3-4 San Ant 243 Sand River 9 1-2 Senator 44 sheep Cr 121 Sherritt 116 Sigma 925 Siscoe 7B Sladen 65 S 195 Sud Basin 195 Sullivan 73 Sylvanlte 325 Teck Hugh 395 ‘Texas Corp 70 Upper Can 80 Ventures 420 Waite Am 620 Wendigo 9 Wood Cad l8 Wri Herg 785 UNLISTED Ftooiihills 85 Temisk 7 l-Z TORONTO. Dec, 26-40?)-

Trading in the mining stocks gin- gei-ed up impressively in the last hour of trading today and early re-

down the list. The gold shares closed .68 ilp and the base metal shares .86 up ln the index and turnover in the final hour was better than 200.000 shares, swell- ing the aggregate volume to 547.- 000 shares, the heavfest in tzvtio months.

Heavy traders at gains of 3 to 8 cents were Naybob, ‘Broulan. Gun- nar. Malartic Gold Fields, Omega, St. Anthony. Senator Royan. Siaden, Sullivan and Upper Canada and Paymaster advanced 7 cents to close at 44.

Preston and Pamour were features of the secondary gold group. Pa- mour advanced 30 cents to close at 2.40 and Preston closed 13 oents up at 2.38, having touched 2.40, a new high. Aunor gained 11 cents and Anglo-l-Iuronlan 17. Dorrie firmed 3-4 and Lake Shore 1-4.

Waite Amulet advanced 20 cents to 6.20, Faleonbridge pained 5 cents and the close was narrowly for Aldermnc. Sherritit, Hudson Bay

TOWN GUARDIAN

PAGE FIVE

NIRAL MANAGII

In our opinion, the annals: lion for looses and d

Montreal, December 20th, I999.

doubtful debt-l bu

Paid March m 1939.. Paid Juno m, im. .

Pnld September 1st Payable Decunbq‘ In, ma.

Written nfl Real Balaton Provision for uonttngsnd

powers of the Bank and the nbavgnarement ‘ t oubtful accounts Ind ls shown by

Quarterly dividends at the rate of 6% per nnnum on paid Up Capital,

Dominion and Provincial Government Tues.

The Provincial Bank of Canada

CONDENSED STATEMENT —- Mtli NOVEMBER, 1939 R, ’t

ASSETS

Cub on band — (Notes and cheques on other banks and notes of the

Bank of Clnldl)..........................--...................... S 4,979,756.76 Deposits with other banks. ..,..-,................................-~...-...... ... 3,967,923.04 S 8,947,679.80 Dominion and Provincial Government direct and gu-rsnteod securities maturing within two years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 0,721,821.95 Other Dominion and Provincial Government direct and guaranteed securities maturing beyond two years. . . . . . . . . . 5,375,316.92 Canadian Municipal securities. . . . . . 12.696.407.99 Other bonds, debentures and stocks... . . . . . . .. . 1,756,909.35 Cnll and short loans in (hands on stoc , benture , bonds and other securities, of n suflictent marketable value to cover. . . . . . .. . . . . . . . . 3,391,011.78 Deposit with the Minister of Finance. . .. .. . ...................-....... 149,637.27 $5,044,785.06 Loans and disco nu In Canada, Including advances to Municipalities and School Districts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . u I6,630,238.37 Liabilities of customers under letters of credit and other assets. .. - 260,517.61 Real Estate other than Bank Premises, and Mortgages. . . . .2 ... - ..." .- 853.9991)? Bank Premisos...............uu-.......... . ... . . ...............-...-...- 2.054358%! $4,843,998.25 Deposits not bearing Interest. . ... . . . .. . . . 812.630.976.86 Deposits bearing interest . . . . . . . 40.259.121.96 Notes of the Bank in circulation . . . . . . . . . . . .. 2,565,815.50 Deposits and balances due to Banks in Foreign Countries . . . . .. s 3,930,265.23 Letters of credit outstanding and other Liabilities to the public. . . .1. ... 146,739.66 I59,532,919.2I Dividends due Shareholders - .., 63,170.85 Capital Paid Up. . . .. . . ...... 4,000,000.00 Reserve Fund and rplus. . ... m ... ... . 1,247,908.19

THE GE THE PROVINCIAL BANK OP CANADA. Mantra]. The above Io I condensed statement of the Balance Sieet submlttefl to the Shareholders which hu been compared with the books of the obtained all the Information and uplnnnlo ti of the Bank which have come under our notice have been within the ‘ he true condition of rho Bunk, after making provi-

Q Blnk.

Head Oflice and with the certified B

that we have required.

the books of th (Signed) (Stiller!)

PROFIT AND LOSS ACCOUNT -— 30th NOVEMBER, I939

CREDIT

Balance n! credit of Prod: and Lou Acemint-Novunber 30th, 1939...... . Profits for the year ended 30th November, 1939, alter making lppro rlntlons to ‘ mounts, out of which accounts full provision

or bail and

DEBIT ne follows:

Balance l! aIdIhMtb Nmunbx, I939... ... ..........-..-~-_~---__-_ 247,908.19

tutors.» 451413.10 ._....__ 31.03.208.19 =_._s- 240,000.00 110.300.” 50.000110 50,000.00 $450,300.09 - memos.“

IOR THE BOARD 0F DIRECTORSi

ranch Returns. We have

ssm-isoiifi?

J. A. LIRUE, C.A. L- E- POTVlN, C-A-

Bridge.

ST. ANDREWS SCHOOL NORTH RUSTICO Honor Roll for November and De- oember.

SENIOR DEPT. Grade X:-- 1. Aubtn Doirori. Grade VIII:- Emma Douoette.

1. 2. Ronald Blaquiere. 3. Elmer Buote.

Grade IX: — 1. Beatrice Gauthier. 2. Edward LeClalr.

oessioris were replaced by gains well ;

3. Eugene LeClair. Grade VIl:—

1. Augustine Peters.

2. Roseria Buote.

3. Marion Gallant.

VICE PRINCIPAIJS DEPT.

Grade VI:-

1. Regina Gallant.

2. Clara Plneau.

3. Eleni-tore Doiron. ‘lGrade V:- t l. Helen Blaquiere. 1 2. Edward LeClafi.

3. Augustin Gallant, Grade IV A:-

1. Freda Gallant.

2. Eric IeClalr.

3. Joyce Gallant. Grade IV B:-

l. Yvonne Gallant.

2. Edna Gauthier.

3. Edgar LeClair.

INTERMEDIATE

Grade III A:-

1. Bernice Gallant.

2. Bernice Doiron.

3. Arthur Peters and Pineau. equal. Grade III B:-

1. Lorraine Douoet-te. 2. Alyre Plneau and Eleoriore Dor-

DEPT

Matilda

z. Gerald Gallant. 3. Alfred Blaquiere and Eric Le- Clerc.

GPMIG I AI—

1. Michael McDonald. 2. Matilda Gallant. 3. Margaret B. Gallant.

Grade I B:-

1. Jeanette Gauthier. Bertram Blaquiere and Merril Doucette.

2. Clarence Buote. l 3.‘: Doris Pmeau and Earl L. Gal- an .

Grade I C:-

1. Francis Gauthier. 2. Georgina Pineau.

Grade I D:-

1. Clara Doiron. 2. May LieClerc. 3. Earl H. Gallant.

i

($181M) I- R- UBOOUET. (Signed) ans. A. ROY. President. Chief Accountant. (Signed) J. ll. BOYER. General Manger. cents, Calgary and Edmonton 5 2. Aly-re Gallant. |Grgdg 1 E;_ cents and Okalta and Calmont add- -i< r-‘ric u. ieuiair. I ed a cent. 1. Jean Gallant.

Shae“ famed w hold the“, JUNIOR DEPT. 2S.iFcgélinnnd LoClerc. “e swengm and m3 “M59 w“ down Grade II:— clpalgn AniIfxCHIfCRBi-IW Williildi: narrowly for Dominion Foundries, Doucetm Thus. A Macyaux Dominion Steel B and Dominion ulhKittt-izileen Gallant and Hazel m‘

i! an

W

CHICAGO, Dec. 26—(AP)—'I‘i‘1_\ wheat market. rallied strongly fl soore net gains of more than a ceri-I a bushel today, iriping out earl’ losses of about 2 cents insp red b general precipitation that brougfi some relief to the southivesie drought belt.