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vi. .="\~*.` \~i=.\~§ is

your life chew the

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'Thebest leaf and the longest cure give you the most lasting and delicious chew when you ask for H & N Black Twist. You'll ~ have the time of _

of this fine tobacco. 1

‘ i.7%1-_ - 4.2?

Y: I

ment of General Steel Wares Ltd., is scheduled to be mailed to sharehold- ers within the next week or ao and from what can be learned ,trom'reli- able sources. the report was shown as earned on the common. Since General Steel Wares was formed, the management has spent $1,500,000 on improving two of its plants. Al- though this companys business has isuin on in the west, the total isles for the -year is expected to show an increase oi over $00,000. '

can. wire and camo `,"_`_

The shares of Can. Wire and Cable

have been in steady demand on the Montreal board the past few weeks sho' hotii tho "A" and "B" stock have recorded good advances. According

to the latest reports the earnin on

, __ . - » , gg

,___---------°T"".7"'“"_*'-"'~'*-_~__-----_'-`--- - U16 "B" shale; are reported in, the

_vc _ ' ' _. ,_,._ ` "7 H@lSl1b0l'l\0od ot $5 at share, so that

at current levels ot around $35, the “B” shares are selling at only"1 times reported eamings. Being only now. comers to the Montreal board Can-

have not yet proven their worth un-

ado wire and cools “A” and "B" ;1r15’§=§';;"

.__/;§_/,,_ _ »_*»'.,,., _ .- 1-.'_.-#_ -_;,__'/. gi `li»'-V' J? 'I'/Z 1

’-..- _. ji;-_-'-211

&¥\

der adverse conditions. '

Steel of Canada ' _

The shares of Steel oi Canada, al-

- 1 though in quiet demand, have not as

_\.` _ K __ it-_ \

trying to flavor out

- ‘- _‘ ‘Quotations furnished by Mowat. I:

ii' \ js'

it _:...

sv, _

i£’h..»~i-../...:'.1¢-'.,._ .».» ,_ . _

1 .. - , -_ _ ‘ _ _ 0 .

_»_ . .=..,=- _.y- '.__..,..__ :- -_,_j ~ ._ .; ,. _ ____ __»_-,_-___.._;________,~.%.____ _ _

~»~ -:' 1 1/. _ '-..-~~ . ,;.‘5 9-‘_-_ '-1 unify- .

91' _.,_____.. _;,_.__,____,, _ _' ‘ __- ,___;__-,_ _nj _ Abitibi ..............._......... 27 1:2' TM N 3°/ ‘ " ' ` "YM '"`*` ’"’“ _ l"`“"‘ Asbestos 21.t_

-X): __-,_'7-_,- », 1 _ _ _ _ _ -ev __ Q. -1-_._-___ . _ _ .. .\. ~'-f ff‘.‘5"l _ _ _ - 1 t'-""'r,~_,-_‘.' _ Bell Tel hone -~-"`i1?il_‘ =< - ~ _ .- - ~ 1 ‘<- .’ ': _ _

“tl ' ___ ...._ _.__i‘ ~‘ ', `\"‘_ ' ‘ "A A '- IL" J. 4 '_ .;-""';`|' ' :I . 4

‘dai-

. _ -. ...

9'; -‘ »,.,»~-,--- ' '1~ ‘ “- “/`»\ -

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'». _, \ (,1; ._ .‘,°' 52"! ' r: me-*i _lf "' - . *Z* '.‘\

rniivca sranirr sciioor. -

i-_- "

linnour itoll-January. ' `

Grade X.-1. Anna MacLarcn; 2. M=11'lcrie Fraser; 3. Evelyn Simmons.

(ironic IX.--1. Florence Simmons; 2- Dvrotliy Bcntleyrs. Doris Forg- usoix.

Grade Vlll.--i. Gladys_Lai`i’erty; 2. Ji*-nic MacLeod; 9. Ida Joy.

Grade VII.-1.-Delia' Court; 2. Mar- lml ROGNS: 3. Marian Gay and lr- enc McDcnald.` '“"' - --

GT-159 Vl.-1. Stella Jay; 2._,Mar- Emi M<=Quarrie and Doris Sim- m°l\dS: 3. Bernice Cudmore.

Grade V.-l. Nora Bowne and An- nie May MacLeod~ 2. Helen ' new

Nonalsow

Wi;

" “`5`°\:~\ _

' ‘ ._ ., :_'~ -"“~_j"_"lf'; _

- i

yet reflected the strength of this

‘(__ .__ _|class_ of security in New York. _`/1'. " /..`}f-` When it is considered that Steel Co‘ _ -wit' .1 ' of Canada in 1929 experienced an ex- "/'I' .L ` cellent year with earnin s estimated l>‘l;’»-f.""-. -"‘” .‘ 5 at above $4 a share on the preferred -' and common, it is evident that the _,rl in-;§._i} _securities are lagging behind _the n':r_ket_}_ Thtelshares are highly regard- .; _ 1' e n ves ent circles, but due to -_ 'their small floating supply, are not ` popular trading mediums.

B C Power./1 ............... 38 B. C. Power B 19% Brazilian .... .................. 3'l"Ii‘ Building Products ............. 28% Can. Car ..................... 27'.-'.- Can. Bronze Can. Ind. Alcohol ............. 10% Can. Power sr Paper 13% Cockshutt ...;................. 21%

Grade IV.-(R.0S8)`-1. lt/IR.l"gBl‘Ct James; 2. Cormen'Glovcr; 3. Ddreen Alley. _ _ "` _ oi-.nie rin-uvi. wa-1. iris roi-

quharson; 2. John I-ilgson; 3. Cath- erine Rnmsay. ‘ `

Grade Ill.-(H. S.)-1. Helen Car-

mody;' 2. Clifford Campbell; 3. Hel- en Lawson. ,

Grade lil.-1. Hilda Worth; 2.

Grace Diamond; 3. Doris Mucillonald and Arthur Fletcher. -, _

Grade ll..-1. Helen Murchison; 2.

Hugh Dennis; 3. Annabcl.lo‘Lawson and Helen Moore. _ _ _ ~ _

Grade Il A.-»i. Mary .1-looper; 2.

‘Brenda McNeill; 3. .lenn`Walsh.

Grade ll B.-1. Charles -carmody;

_. A8 1

8. Constance Colwill. ` 1

2. Hilda McQuarrie; 3. Leith Ford.

(Patriot please copy.) ' "

Need Ire-ft Pain

, _

Alpirh

cons. smelters az4` Cali. Brewing ................. 755 Cali. Cement ..................16'.1'» Dominion Bridge ............. 78% Famous Players 49% Fraser . . . . . . . . . 18‘.i General Steel Wares 16 Gllrds ..;......,.............. 28 Hamilton Bridge 32% Int. Nickel 38.90 llvlassey Harris 41 McColl-Frontenac 23% Montreal Power" 133% `Natlonal Breweries ............`3l National Steel Wares 69% Price Bros 'I9 Power Corp. 76% Quebec Power 66 Shawinlgan.................... 79% Simonssz Sons 41 \ llsteei of canada 41 iwlnnipeg Electric 47

mann `

Commerce 266 Montreal ..................... 314 National ...................... 172

Royal 312

Montrealcm-la British American Oil 45-‘i con. nook abroase'....._.... sn; nistium sehgram si; Dominion Engineering 68 Eastern Dalries ..‘............. 28% Hydro llilectric,....'............ 43 Imperial Oil ..':............... 25 International Peto............. 20 Imperial Tobacco ............. 10 Noranda 41.09 Page l-lersey 9817 stand. raving at Mater-ian iiti ‘ Walker Gooderham all

New Yorkitock ‘Eaeblnge

American Can 130 Allied chemical Alleghany Corp. .............. -295 American Buyers .............. 89% hmm 'rel at 'nil na' Amer. Smsltingfdp Refining 79 - Amer. 6: Foreign Power 95% Amer. Waterworks at Elec. ...:-9934 Anaeondo'Coimcr'....._..‘;.`.... 'mi Atlantic Refining .`............_3l ‘ Baldwin Locomotive .......... 31% Bathioiieineteei iooii Briggs Mtg. itil

amoi_;1A`viati'en‘ no; Oolomliia Oarbon -.........'.... 190' _ _Qpl\Il|\bll_ Dlf~`~'.l».'»»....»..&.. "N Columbia _G_i;_a\`IiaDh6ue_....... 28%- oona. ..-..'..-..~_.<..1.i.-<»~.... not

was

o. ii. ima Gomiirrannaitlin lo';..,."'..;..`il ,

comma-auaeimu ;.......-_..-lair

snleitm Steel of Canada .. . ......... Steeler-Canada.=Pid ... Simons ._ Winnipeg Electric ._ .

American Can. ... ... ....... Alleghany .. ... ... ...

_ Anaconda. .. ... ... .....

consolidated ons International Harvester .. ...

MacGiIlivray. Stock Brokers Ke_nMc°|;¢ Q',m,¢r __ ,_,,,

Niagara Hudson Power .. Paramount Players Laalty .. . . Poor ea Co. B. .. Radio ..

154 Standard Qil New Jersey .. .

- Gillette Razors-_...;...........

Nova Scotia 329

__ _ __ _;iis__g_§i;_¢_ul-i;1;Tl;T9W;v_Grlisiwi/5;'_;___ 1 1 __ _ _ _ '

Maint reports furnishes by canon

Charlottetown

Call Money ._ ....... .

_ 'MONTIIAL I

Abltlhl .. .;. ..

Alberta; Pacific Grain ..

Asbeatos ._ .L. ... ...

.Brazilian ... ... ... B. A. 011'.. ... ... ...

B_C. Power .. 1.. ...

Building Products . Canada Car ._

consort cement .. . Canada Power and Paper Dominion Bridge .. Foreign Power Becuritiu

`1(l_r_:ser_Company ._

n al Steel_Wares’.... ...

--...

Im.perial_Oii`_'_. . Indllstfial Alcoh`o_l_ . . . 10'/A Intemstionsinieirei aim' Iriiernstional Petroleum '20 Massey `Ii-la_rrls _

Montreal Power ._

McColl Frontenac ._ National Breweries

National Steel Car ._ _

Canada.»Bronze ... Canada _Melting ._ ... ...

Dominion Tar- .. .. ...

Famous-_Players ... N_oranda;.. » ...... Power~Corpo‘ration_ .. ...

Price Bros. .. ... . 1 Quebec Power ... ... Sliawinigan ... ...

ar » as zu 37%

4?€i as

zsia 21'-5 isis 'iss 'isis :tit ici; ‘ie 9°.; as

.. ...no

. ...on

_ii

ian ii, asia :ii

sm sau ri

ci in 4914 41.65 'isa 'ns ~ se ra’-.4 224 ~ 41 :last 41 4':

. ... ... ...

..»» ..

.....

. ... ~....

1....

no.

Naw Your

isi .neu

'mi `

unit asv. sou lin eau sais sau” "e4 io isis

Willys Overland .. Yellow 'rruolr Montgomery Ward ..._. 45% o_P.`a. ._ iw.; Generalglotors At'/4 U. S. Steel ._ . . . . . ._.182-?§‘

. . _ _‘Avis _

szs 55.1° zss si:

ami: of'N_ova‘!|cotin. _. . . Bank ot_ Montreal- Bank»orCommerce_ ... ...

H.oya_lBank ... ... _

-----»-§-- _ __ -. _ Corn Proglgcts curtiu wi-ight Dupont 12a Electric Bond do Share 93’/1 Electric Power dc Light 59 Eastman Kodak 190'.; Famous Players 65, Fox Film 3071 General Electric General Motors

GOOUYQIA' ...'.......‘........... Hudson Motora,...;......`..... _Int..Tei& Kolater-Radio,................. Kcnnecott Copper Mack' Tnlck'................... Montgomery Ward New York Central Nash Overland-`..................... Packard Pan American B Public Service of New Jersey ._

Radio-Keiti‘l~Orpheum".'.‘...... Remington Rand Reynolda Tobacco Sears Roebuck ................ 97% Sinclairbll ................... 24'.£: simmons argl, Bpicer 34‘.§_ Stand. Oil of -New Jersey 633? `atan¢i. oiroi New York--......_ :mi Stand. Oil of California 60%

Btand._Clas _&'Qll`L............ 118'/1 altii za-_.1 Studebaker 49% 'texas dom. sau' Timken 'Roller Bearing ....... 'I8 U. B.Bt9el‘.................... 182% United_CorpZ`_...L............. 36% united rm Warner Bros. ................. 58% wilitllighoo»'e~1_..;.....~.......... ies Woolworta all Yellow Cab-_..........-.........17% National cash assists: son vanadium- so western Union :oats

`\ -1 -/ .

éan'_tiain1i¢` onions m»..i.n.

llog|.'s_ Asthma Remedy reams

gills; less than mlraeuloul 1t_`sl\alp -_ii and mo tau

¢io»o¢ra` "u¢n¢i¥e'i¢u_ 'roouoho

_ Y

_ 5.. _itil iii?

effect on industrial stability, it is encouraging at this time to find added proof ol this in the interesting

'i Hlittlcked- by *Asthma-'rho llriit-aiiiiion doiim with market viino - luriui sensation, _is orsniroostion.:

f§"\|°l\_ '\\0ll\'1l¥ DWI, 'DWOIMS ll\°\'° amounts shawn in the Report.

| . ,_ " uoivrnau. eroox axcnANol:",l”'_' ""5" C T A ' A “M7 - 7 - 1?. f _'lf 7 7' "_"

Market Gosszp f

/' ‘ _

~ ‘ W - ‘ 0 ' - 4 A __-.-,-___-_,-;_-;,,_-_;;--- » »------- = i 1 'I 'he Canada Life . _

- General Steel Wares ‘ ‘ . ,_ , " - ' - A

The second annual iiosnoinl state. Q'_1°i°d at closing. nh. 4. 19:; _ _ _ _ - Assurance Company

_ ` Established is41 P _ _»\ ' _ '

/_ , ` ' g".

f' -" ’ -

_ '_ Y

.5-

_ Appo ._ .e"”"A_'_~-l.:'< "'~

_ _ and

_ have

.Q3 __ _ .._._..~.

' Mil. rt. G. MooeNAl.D ; ` Superinlendanl

’ . *_ _ , 3. ' . ig' K. .

_ , . ,

’ I ,I r ‘ "` '

1 _ = 2 Q _

*’ " . £5 . __ _ -- "' -- "<1: :-E=».1' _ ... , i * , _ _ 53 -- < _\ .ig e .

__ V ,rf i ,» '

= if ` ' ' /~ . %`»... -__-;._~=.,.\ .,,._;~.- . . -_ _ ,._i.<.- _ - .rf-:»_;;i;=:_; -- :-:.- _ » mi ._ _;_=a(-- \ »_.;y- .;-lb1.,i:§ :_ ,.'__:;:,:¢;;'-- . . _

_ tl"-_;',\-_

Ma. w.A. P.woco Ma. A. coaooti iwisnr ‘ Mn. L. arounc ‘ __ ' Assistant General Manager . Ax.i.1.-nz C=n.:al i~’.ma;er "< ‘y Assistant Gunn! Mudge: _

Miz A. N. Mitchell, Assistant General Manager since January, |926, has been I

` -A `Mr.W_ A. P. Wood, Actuary; Mr. A. Gordon Ramsay, General Superintendent.

-=.--"§j`_ - 'M5'

_ ll Messrs. R. G. McDonald and S. C. Mclééenue, Assistant Superintendents,

» ` ’ '7`. Messrs. E. C. Gill. Assistant Actuary. and R.- E. Weodcock. Eastern Loan

Supervisor. have each been appointed to the position of Assistant Treasurer.

Messrs. H. N. Watt and R. J. Trenouth have been _appointed to the position of

Assistant Superintendentw _ _ .,. _ __

,___ /A J, _ _ 1 f-~;_- i‘.'_.i{ ~

i _ ~ _ 4 '-9.' 5% ~_.. -,~»

.` '- »`f,.-_ " _ V' ~"-:-'J' '

>&2: L-.

MR.A.ri. MITCHELL ._ -_

Ceneral Manager _" _‘ -

Mr. Leighton McCarthy, President of The Canada Life Assurance Company. , , j announces that new appointments have been approved by the -

Board of Directors as follows : '_

- - -as-when 5

s-B-.../L . .

inted General Manager to succeed the late Mr. T. G. McConkey.

Mr. L. R. Young, Treasurer, have each been appointed to the position of _ - _

Assistant General Manager. _ _ .

W. Hastie. Assistant Treasurer, has been promoted to the newly created

ion of Assistant to the President.

each been appointed to thc position o uperintendent.

Ma s. e

sooghwasn,

1929-A HIGHLY -

SUCCESSFUL YEAR

While the business 'men of the

country are discovering that the 1929 stock market crisis has had little

reports oi' thc lite lnsiiritncc com- panies. These reports icll ri story oi _

progress and ol an increasing tlirllt‘,

oi' the people which may be takcnt gg 5 very good indication of wide-1 spread prosperity. Life irisulnnce has come into its own. Citizens of Canada and the United States are lhe most highly insured of any people 'in any part oi the world. Even so,_ their capitalized value, based o'n their own earning powe“. is far from being

adequately protected.

Tho ,'1‘,hi.r'ty-eighth Annual Report' oi "I‘he'.'Great-West Life is no excep- Lion to the rule ‘of progress which that -Company has enjoyed since organization in 1822. 1929 was H

most satisfactory year and, despite: the obstacles oi the short crop in the , Westarid thc stock crcisli, the Comp- any inci':1scd ilie amount oi business 1 written _over last _Veer by $9. 313.4531 n'hlch,lnel1:dLng Group lnsuranc/:__ rcpresciitcci _rt new business oi $10l.` 01-9, 224 for thc .vffili '

Not _only iii biisliicss written was ‘

1929 the best _vcnr iii i-lic Coiiiphiiynf

history, but all dzpartnlciits oi the Company show substantial increases. The _business in force increased by| $44,908,762 which brings the total tot sao2,aro,i22. Tho income lor thot year shows -proportionate increase; and amounts now to over 28 million .' dollars. A highly satisfactory feature is the substantial si1m_ added lo_ reserves for 'future proilts -io policy- ~ holders, which reserves now amount ; to $10,440,324. The accounts show ` ernings in excess of the amounts required for the present divldont , scale which enables this Company to I maintain exceedingly generous tlivi-g dcnds to policyholders. Increases are also shown in the Company's special 1 reserves and grpss surplus eamlngsi

The total assets now stand at $119, _ mono. _..»-v1"°*""‘---~.. _ .1-'jwliilc this Company `l5 native lo- Western Canada- and the Brcatci-‘ part of its business is Canadian, in- _ creased progress is repelled in thc _ States of the Union in_ which The . Great-West Life does business,- namely North Dakota. lvlimiesots, - Michigan and Illinois. The manage- I ment has always believed that con- sarvatlve gilt-edged securities an- 1 the only proper investments for public 1 funds e_n’trustAid to the ffcare ol al life insurance compan_y_“ Malntalnini: , -thiini a get po1iey_.sinoo iasz. when |

'i4_ 44'.. ios'/.- va it so sin an 59 '/5 ai it isti iam stil iota isis can so ta :tail ao asia sail

The Great-W`eqt Life' started business, wo and ingxiieiy-eight Report sets forth the C`oo`1pany‘s investments as mainly _consisting of guaranteed bonds an_d gilt-edged ilrst. mortgages. I A summary, ot these bond invest- _ _ments is included in the report, show- ‘ ing a total of approximately 40

considerably greater than the ledger

, ' 1 - ,

$6600-obeoae-ocaseeoo

ESQ TESTED

oao`goe¢___9o¢-oo,

2 9

E13. |l<>

' _ _lt_ :_ 'ravtoia

‘ .l'~ . 'T (ll

- ' 0\iIll'l2¥:l.ia' _ il! llrhaamd Street

eounv¢on<t»o_e9opeo-»oe-

......... ...... A|_|_|-;Y..,:.,:.:

-nA

._ *_A

Security _

Information

WE offer a dependable I

stock brokerage ser-

vice and invite new _

We extend the facili- ties of this orgaiiizziiioil to those desiring :in

analysis oriiiformution accounts on a Conserv- `

°“ Compmfws W-hlch ative margin basis. 3, we have financed or _ _ _ any current securities. _

It is well to seek . Investment Counsel

H.B.ROBlNSON &_Ct)f_ _

JOHNSTON -»v./A1119.

H litlilliliis. Jr. iilnaguf. '

Alwimribnv Rliil., iurnmrr Bt.: Bllllmlffllla. I- 0» 5'" ‘W

Lm|_|'[E _ _ ..'\i.'mbrrl: /ii/,u!m..f 5/ur! Ext*/zcnve, /iiarrtrml Curb

'_J l Marker, 'l'am/no .Smrb E_\'r/:auger lVnryeg Gull _

. .. . E /: g , C/imga Bond o/ Tr e iiioN:rRi:.u. . zio sr__.i1iMr.s sr. _ *"Ij;;’w',Y0_’£ Cmb_(ma_,,.‘_,_) _ iiA1.1i-mx - - isa no1.i.is sr.: ' -, Tonoivro - - - sv youivc. sr.

CHAS. F. FOOLEY

nisrizicr MANAGER _ __ ____ _ _

PEARDEN HOUSE : _- '

(‘-ll/lRI.0'l"l`ETO\'VN. - - l’. l. ` Q

T Investment' Suggestzons

-___ 1 cooinisiiw. T111; 'rimizn assnnriiin

' Lf ciisn/icrsiiisrics or sr:cunlrr._

.srrimcrivn riran also MARKET Aninirv.

_ ___ _ ______._-_-___-.<1--v

° ; "in'_n-._\_. ..i-‘_

‘T - ` ==a..»~... wT..'

MIILWINTER A crrv or OHARLOTTETOWN

‘ - sf; isorsns nur: _vui.x',' 19411 _'- '_

' » To i‘ii~:i.D oval: 5%. _"

` TOWN or SUMMERSID1-1

_]N_

rm; nouns nur: _iuhr in, was _

'ro yiaan oven s.z0%.

' " 1vioN'rRaAL TRAMWAYS co

_ .

51". norms nun ocr_ ist, isss. -' .Ig

'ro YIELD oval: 5'//7h

_ if

LADIES' OVELIISHOES '$1.75.

Many lliuils and colours, but

not all sizes ln each line. these are hrokcn lilies and we must elcnr them out.

_- Eastern Securities Company _ i.ilvll-'l‘ED

OIL TANNEI) MOCCASINS $l.7.’i

- Boys 1 to 5.

‘ l\ien's 6 io ll.

$1.75 (Sizes ll io 13 only

_ ' w. ii. v. nuNa.m.in1n¢er_

ciisnaorrarown st. ions Moivrnasi. nsurax - oioNc'1‘oN simuuansi or rnansaicron

BOYS HIGH LACED BOOTS , _ _ --_ ._

$3.50 ' 1

Sizes 2 to 5. I

(Regular $5.50 Boots)

$3.50 iuonh sues e to io $5_0()

I Members oi The Montreal Curb Market . _ 1

lvlembers Standard Stock and Mining Exchange Members ol Vancouver Stock Exchange.

Bl-TEX _ HOSIEIIY -$1.48 Five colours to choose from. Regular Price $2.00. $1.48

` LADIES' SILK AND WOOL '

_ IIOSIERY

' Regular price $1.25.

79c Three shades to _ choofiroin.

_.- Z2

Private Wires to Leading lixohmlla and alll

Branches. Orders Executed on all Narlaia. _J

A service you will Ap9f¢¢|l“~ _ __ _ _JI

_ iss damn siren ‘ 1

cnaatvnnown j

‘ f nano omca , _

_ _ orrnwn - '

~~ i _.rat

_ , other Maritime Baaaelm

Balllaa. SL .lol|n._lonle\\_, Yarliil,

New clause. '- ~ 1

Plleltl IIN-DIL

£t‘.!i£lial;££NI.“GAl

.1 '

1 Q;-r;__ 1 ‘._I"ti,

1 1,

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