DECEMBER 20.1935 _ _ __ _ _ u2_Aaw'r'rETowN cuAau.AN' '_ _ __ _ .AGE NINE _

" OCK Q TA TIONS

_ _ _ V ' _ _ »' __ __._~___._ .._`-A-;,‘.'.r’;:.F-,U-2:1’Lt<i>;.`.'-_'cz ,__.I..,f_.; _- cz-._-;_`_~.. ."1 4.>»..' ~ »‘ ' < "`

_ .

Markets At A

L) 1 _ _ Glance A

N. Y. Sta

Exchange

_-___

gd b Ilfilleiii und Compu!!!

ofylilonireul utocis exohuule

,ml Curii Market)

sunk. Open last

_ ,_ F04- ilr _ .. *Wa .1:..,i-‘hr Pi- vm 211/.V .im \\':ilvr\\'ori;si ‘-’0’/4 Am Can ... 131f/1' .\|\i iiiiilliitrr Ani '1‘_ and 'll - . 1-'J Auiicondii _,_ -- ~--~ Auiurii .-ri .iirhison _. . full’/.i ll riliii Olilo _ ._ 1.1%; 1r.\ui|i.\- Av __ .' '-‘ijt ltvili Steel ~i»"~'i i‘:|se -» flfli i'l|ry:‘-lui' - his vnu (ins lilvir .\ 11 _ _ ._ Il1’_"| lllvi' li null S _ Gen Elec _ -- 331.1 Hun M111 - *"1 ilr .\'ur l’l‘il .. -"'-"1 lui 'll limi 'L' . . '

iii-iiiu-cult

_\I:i»:|nu i`ul\pcr_ . .\|¢»ni \\`i|'4| ._ Ji§f\§ _\`i:\|.' lluil .. ._

\' \' ('i~ui":il '.’

1 - <

.1 ...»,

l'.ii':||iiui|i|l . ._ _ ll:i<||u _ _ _ . .. lfi so Iluciflil _ _ ._ ‘.i"’L-

sm on .\' _r .-

I' S Siccl _

\'nni\iil\iiii _

\\'1':=ii‘rii l' _ \\'i-siiiigimiisv i\‘_'f\§

:eg

on 27% 20|/4 iai _ ‘.’ii\,{| 151 1,4; 261/1 311% 54% 15% 21 % 45114;

ill -')'| Sli'/;

.101/4 31%

36% 51% :ii 12% 27%

33’/5 21:55 Uhr

1251

- ._~_.a|.:

1:: ' _ tooo: ¥3L\ i`~i<

771 'J

New York Curb

(Canadian Press)

Stocks

Amer Cyan B _ ._ Amer Gas Elec Amer Sup Pow .- ._ Assn: Gas E_oc A Atlas Corp .. ._ Cs.n Marconi . Cities Serv ._ __ .. (nicole Petrol _ . _... Elec Bond Sv r' . FordofCciiA Gulf Oil Pe-izn _ . _ Hum Oil Rei lmp0ll.._... .. ._ Int Pete _ . . _.. _ NiagHud... .. .. ~» Std Oil Ken H _ ._ Un Light Pow A .- Un Light Pow Pid __

#TNQ uhh? 8

12 5-8

21-2

_-_-, .-

»-.. ans*

:-a¢..:~1~1 i r 1 i -ramona

¢.

N no o-¢I\9»-ICS u._.,..w I i i Q5) Q

EXCHANGE

(Canadian Press)

MONTREAL, Dec. 10-,British

and foreign exchange in relation to the Canadian dollar as compil- ed by the Royal Ilsnk of Canada

closed today as fo.lows:

Argentina peso .2’151. _ Australia pound 9.9722 Austria cchilliiig .$903.

Belgium belga _1701_ China Hong Kong dollars

.$250.

Czechoslovakia crown .0-lil).

Franca franc .0665._ ,

Great Britain pound 43,731.

Holland florin .6835- Hungary pengo .2998.

Jugoslavia dinar .0232_ `

New Zealand pound 4.0130.

Poland aloti .1909.

South Africa pound 4.9512.

Spain peseta. .i380.

Switnerland franc .9271. United States dobar 7-5 per

oent premium-

(Cunadian Press)

Closing exchange rates: At Montreal-Pound 4.97 '5-15;

U. S. dollar 1.00 7-8; franc 8.85.

At New .York-Pound 4.92 7-8;

Canadian dollar 99 1-8; franc 6.59 1-4. '

At Paris-Pound 74.71 fr; Can-

ndian dollar 15.02 fr; U. S. dollar 15.16 1-4 fr.

In gold-Pound 12s; Canadian

dollar 59.89 cents; U. S. dollar 59.46 cert]

NEW YORK, Dec. 19-Foreign

exchange easy. Great Britain high 4.93 1-4; low 4.92 3-4: close 4.92 7-8; 60 day bills 4.91 7-B; France 6.59 1-4; Iil`y 8.08; Belgium 16.85; Canada 99 1-8.

Power 'Stocks Take Lead On

Montreal Mart

(C. P. By Guardiaifc Special Wire) MONTREAL, Dec, 19-Power

stocks _pushed into leadership of the Montreal Stock Exchange tc- day on the heels of announcement the Ontario government had con- cluded a _new contract with Gat- ineau Power Company and was considering contracts with other companies whose agreements were annulled.

Canadian Hydro Electric Pre-

ferred, subjected to heavy buying in afternoon trading, advanced 3 points at '50, Quebec Power more than a point at I5 1-2 and Mont- real Power 3-4 at 32 1-2. B. C. Power A and B registered minor declines.

Steel of Canada issues were

strong leaders in early turnover as buyers acted on yesicrdayls an- nouncement oi payment of an ex- tra dividend on the common stock of 81.42 1-2 per share. The com- mon shares closed up 2 points at 57 after touching 58 1-2, its high- est level since 1929. Steel Preferred rose 1 1-8 at 48 1-4,

Canadian Cai' issues were also in

demand in afternoon trading. The common shares rose 5-8 at 6 7-B and the preferred 1-4 at 14. Buy- in8 was based on the announce- ment at today’s annual meeting that the company operated at a profit during November for the first time in four years. \

Metals sold narrowly off as Con-

solidated Smeltcrs lost a point at 206 and International Nickel 1-4 at 43 1-4. Other groups were 11-. regular, Total sales were 17,273 shares; bonds 55,870. ~

Currencies

(Canadian Press)

NEW YORK, Dec. 19-A sharp

drop in the French franc in the foreign exchange markets today followed the critical turn taken in the position of the French Cabinet which now faces the possibility of an early overthrow.

The franc closed at 6.59 1-4

cents, off 9 7-8 of a cent. This brought the rate back to where it was two weeks ago, and raised the possibility of a resumption of the outflow of gold from the Bank of France. '

British currencies were relative-

ly steady. The pound sterling closed unchanged at $4.92 7-8 while the Canadian dollar was able to reduce its discount from f -29-32 to 7-8 per cent.

MONTREAL. Dec. 19-The pound

sterling was the only major cur- rency to register an advance on Montreal foreign exchange today, closing up 3-32 of a cent at ,$4.97 5-16. The United States dollar lost 1-32 of one per cent at 7-8 per cent premium and the franc .04 of a cent at 6.65 cents.

M T’L. CURB

(Supplied hy llitfieid und Company Members of Montreal stock exchange and Curb Market)

Stoclru

B A 011 ... .... Dom Storee _ . . . ...

iiup Oli _... ... 201/g

lnicr llcto 31?; Melchcrs ._ 10,1,

PRIZE KNITTER AT 90

Lol!

16% 8%

20% 34% 10‘/y

Opou

16% S'*i

RUBK, Tex., Dec. 19-(C.P.)-At

00 Mrs. D. _ Roten knit the dress which won first place in the 1935 Cherokee county fair hero. Junior competitors found her crocheted bedspread and butterly quilt also successful entries.

' ‘ I e

Advertising Rates-Payable in Advance

Central nuarliou locals. Ie on wurdi intern uurl itntrru locals, lu

per ward- unuounrrlni ‘tu und (`u-lug lvunls lo gl 'Olds Ciuoullill lo per word: In llemo-Iam Nalin-a. 1011 pu innlli lllu ol l'l0rul uni

Spiritual Offeringa Curliu, Cin _ 40 pe; uumei [Alun nl Coudolenou 'Mr per loom Notion ol Thanks and Annes-lat ul. 70: par incl ov 40 ll

nord Other rut:-u on uppliraeion

lliulmum Charge for any advvrtiuvuc-uf twenty-lin calls.

' .?§M

g;-_____}. _.__

T0 LET - TENEMENT N0. 8

Water Street. Immediate pos- session. Appiy L_ M. Poole ds Co. __ L-1978-11-10-if.

T0 LET - ONE OF THE NICEST

heated apartments in the city. Apply at 218 Kent Street.

L-3694-12-11-13-16-18-20-23.

___ ' For__Snie

FOR SALE - HARDWOOD AND Softwood. 82.00 load. Ring 778-J.

L-8879-12-18-31.

~»-»- -q-éqly.. SCRATCH PADS-PADS 'lil 100

sheets 5 x 7%.. Price 3 cents Der Pad. Postage extra. Guardian Office.

__.__'l'_iL|¢__&31l?._.&l*_¢_‘|__

MAN WANTED FOR. RAWLEIGB

Route of 800 families. Write vodaY_ Rowleigh Dept. ML-475-BA-L_. Montreal, P. Q.

N-3890-12-5-L18-14-20-21-2'!-28.

`--.___=-._-= ;'_°___'*i:~__‘--2..-:.~

Miscellaneous

.__--A-*-I

TWO STUDENTS CAN Bl AC commoduted at 30 Pleasant Bt. ‘_ __ _I5-_3_8_08-12-18-31.

YOUNG MAN WILL WORK F01!

board in repair shop or 20880-` _!iPPlY__°_ _"£5951,-_._¥4:iQ4?;l_'_“‘l'_lL FOB SERVICE - YOBK BOABH

B. A. Blonden, Glen Valley.

_ L-seas-12-zo-si. _

1; _

F01! SALE - AUCTION F0it’l`Y-

Five, Bridge and Wlilst 3:.-ore Cards. Guardian Central Job Printery_

FOR SALE CHEAP-FLYIKOUTH Sedan- Apply Guardian Oifice.

L-3913-12-10-3|.

- ~`- - » .;:.-_-._ ~ _ ~= rrrn s.'ii.E - cnusffan SHELL

for Poultry. only 85° per 100 lbs. direct to Farmers. E:-_rle Fisheries _CL ____ - r__._-sro-ia-ic-ci_. Nm ssl.: ... niwnrssu 'rnnrn chemist coach in 'good consi- 'lon for cash or foam. Apply 9

"ri Square, City.

V L-8”!-1!-2041.

ESCAPBD FROM MY BANCII

December 17. one male fox, three quarter silver. Finder please notify Walter B. McPhai1. Argyle Shore.

*‘;.'-_:.1

TRI BEST CHBISTAIAS PRES-

ent for your family is u Sun Life Insurance policy, which protects them while saving money for yourself. Consult J. A. Moore. Currie Bldg.. Charlottetown.

GEORGIPOWN. British Guiana

D:c_ 17--(C_P.)-An internal air- oerviotwil bc inauifurated beforc the end of 1995 I. ll. Golwalll. director and of the Bitiah

,Guiana Air me Company, ll

'*'1lnes held firm on the Moi-meg;

(Canadian Pi-eu)

TOR.ON'I`O, Dec. 19-The min-

ing market of the Toronto Ex- change turned moderately heavy today under spotty selling and foreign influences. Considerable declines in the London market for the mctals constituted a depressing factor and lower prices for the metal stocks on the New York board contributed to the display of weakness. The exchange index for the gods eased .20 to 117.73 and the miscellaneous ,mines index .81 to 117.65. _Volume was the smallest of the week.

Successive declines in the P1162

of silver finally undermined senti- ment in the silver group and El- dorado was sold quite actively in a drop to 1.06. »

Losses were narrow in the base

metals group. Bomc of the higher- bracketed golds flrmcd in the last few minutes of trading. Mclntyxe livened up and added a point, clos- ing at 41 and Lake Shore iadded -8,

5 (Canadian Press)

'ronoN'ro, Dec. 10- -

Stocks CW”

Acme Oil _

Afton __ Alex _ _ Anglo H Arnificlci Ashlcy _ linguiuac llurry I1 linac Met

Bear Bniibtin ._

Big Miss

ohjo ._

Iirniorne _ _

li RX _ 'I liufi' Aiik - 305 ('xll l'liI||| . il i‘:in .\1:ii _ aa i‘ar]|\n\v _ iii» l`n.si|\‘. '1` 11'! l"r\n l'ai_ . __ :|15 Chem iles __ _ .S5 Chiboiig .. fm/3 Clcricy 2% (T in

.~ 011 ... . ..~ 1 . ... 440

05 10'/71 5% 41/J 31| 3_1

150 lit] 18 510

' iiu

on irns . . _ 28.*. iloulurnni _ _ inn 1-llilorziiln __ no F ilrliige ,_ U85 Foil Kirk _ ,_ 255| iilrnukliu __ __ ,~,i/5|

(lmis Loki: .. .. 1'_’l l (lulilnln _ 14 lionllfisii _,_ 71,; iiriilmiu _ __ li _ (iriinnilii __ 13 _ (iriindoro __ __ _-, (irecnc _ , , , _ ___ 2;; iiunnsr _ “ 74| ilurd lim-k :m liiirkor 5

iluillngcr _ iiouicsiomi Howcy .T lil Cons Kerr Luko Kirk Hull Kirk Lake I. Shore ._

1.uni:iquo __ l.c-hcl Oro __ __

I.co_Golil

Little Ii I4 Macussu ..

lion Exist . . _ ,_ .\inpio L llclntym

.\1cI{cnzlo

iiviiliihii _ ii-_-‘/.riiu

.\li:\\'iilicrB Min Corp

llorrls K _ ,_

Newliec .,

Nlllissing _ __

Nornmlii ._

il'Bricu . . Oigii (lil

llnyiunsici' i‘ci»rnn llnt Coil ._ llick ilro . llrcinier ._ Pros Air __

lic-nd Anlli .. ,___ Ilcil Luke _ Iiono Golil ... I Iloynliie "U Suu Ant sheep cr Nhcrritt. . . _'U' Slscoe __ "‘

Sou Tlb __

Stnil _

. ____ 1,3 __ _ _ ._ 1405 f .. 13 I -- __ till

. _.6

.,. ._ 121|

._ 21,5

211 -111,4 )

5: 4% 4|

- izi » 21,; ' vs 1.... 38:1 - 110

28.1 1'.-.'.

#H116 oi

| silt" UH

1 00 201|

ii ._

si Ami. _ ' " Sud Iiualli Sulllvuu _ Hyivanllo "' Tashctii Tcck H

Texas Toburn ... 'l‘o\\'iigmnc

xr-nittiirea ._

'll o Amu \1’nysl|]i\ whim nh.; Wiltscy 1.' ° ' ' ' '" \\'i'lRht H Ymlr 1.’ G Silver _ _ Total lules

.'i 23 I8

305 82 2411

501.'

132 115 20

‘ 1112

1)-'i ‘lil HK Il

700 I3

520,000. ' " 53%

ui\~r.is1-ren

cada

#S2

Aldermric Brett Tr Cnll Kirk Cen Man Cobalt _ Dll (ill _

Hui] 11n_v Luke .‘!r|r _ " Muni" _ "

231 1 at 1:1 18 5 _ isis _ "1 ny, .

... 3+.: - 1%

PRODUCE

(Canadian Press)

MONTREAL, D_sc. 19-Eggs were

steady to a cent lower while other

~- . ...»

1 .

Norrlun _ Oli Sol Park lllil Penil Ure Parc (lrc Robb Mon Sud .\iIu

Tcmlskaos.

open produce market today. No 1 grade butter in cariots or less sold at 25 1-2 to 25 3-4 cents a pound while small _lots to retailers brought 26 1-2 to 27 cents for solids and 27 1-2 to 29 for prints.

No 1 Ontario white cheese sold

for 11 cents a pound and colored for 11 1-2 cents.

Graded egg shipments in cai-lots

or less brought 41 cents s dozen for A large, 31 to 32 for A medium. 29 to 30 for A-pulleta, 25 to 28 1-2 for B and '23 1-2 tp 24 for C.

On the potato market Prince

Edward Islands in 90-pound bags brought 81.30 to $1.95 for moun- tains and 81.25 to $1.30 for cob- bIcrs_ In 80-pound bags Prince Ed- ward Island mountains were $1.20 to 81.25, cobbiers and New Brun_s- wlcl: mountains 01.10 to 81.15, Quebec mountains 01.05 and Que- ba: oobblors 85 to 95 cents. “ ""””"""'i*°' gone to New York to obtain the first plane-a Boeing amphibian Howiilfiyithuokandbringueo- pilot with him, it was announced.

l_v traceable to the Secretaryis de- 27 'I ' 41 | ' ~

rw ' =4§E|_ U. s. smeltins jumped 2 1.; to as 1-s. The company hoisted the

diary K. two 'evious declarations to

_, .

. ni

(Supplied by Pitfieid und Comp!!! ed.

hlemben- of Montreal stools cuban!! uid Curb Jilurlmt) stun Owl LII* Bell Tel ... ... 1

Bruiiian .. ...

ii C Power noni Steel

(lun Cement L‘au Ind Al Clin Pac ity

ills S

141.

21%

,.; ... ... 5%

149% 28% 4% 15%. ll

233

1.1 1l%~

.. 35 '

Dom Bridge _ _ 31%

imp Tub _ . _ Inter Nickel . ...- McColl Front _ _\font Pr

_\‘at Bmw . ._

Nat Steel Car ...

_ioranda ... _ _ .. ilower Corp .. Shawiiiignii

So Can llr

Steel of Can _ . _ _ . , . .._

> IIANKB

lik of Fun __ 52

nk or N. .\‘. ._ 203 mis lik nt liluulrcai ... ..._ lil-1 107 ' iioyai . . _ ___ ..... ....1132 102

Cnu Bk Com ... _.. ... _

»-lu -sm

42% 43 12%

38%

44 11 iuli

57’/5 57

52%

N.Y. Stock Market Dips Downward

(By Frank Mncltiiilen. Associated Press Financial Writer) (A. P. By Guardiln’s Special Win)

NEW YORK, Dec, 19-Beset with

another reduction in the price of silver in London and New York and with continued uncertainty over foreign affairs. the stock market edged downward today.

P1955 Bvemse 0! 60 stocks the mar- ket was ofl' .4 of s point to 53.3. Transactions totalled 1,303,850 sim-es against 1,701,745 on Wednesday.

The market's attention was fo-_

cusscd on the statement of Sec- retary Morgenthau that the U. s. ti-:asurlr had bought 72,000,000 ounces of silver in Mexico this year -all of Mexico's newly-mined out- put. American Smelting, Cerro de Pasco and U. S. Smelting. owning mining properties in Mexico, ad- vanced. 0the~ metal issue; showed no uniformity of price action clear-

ciaration. Anaconda at 26 1 2 and Kennecott at 27 3 9, wer- both fractipnally lower.

dividend from the $2 rate on the

11 $5 a

share. It was est‘mate_d that eam- ings Un the common for 1935 will somewhat exceed $10 a share.

In the Candian list Dome Mines advanced 2 1-4 and Mclntyre-Pon .

ug 1

ilu

44 Qt choice ;a.ao. 12*

(Canadian Press) 1

'I' niflwigas i:li:su1:11)y?tb1:1=:i'l.ndu-

Toronto Mines-Lower. New York-Stocks closed lower.

_ '-_-' - Exchange ceyvéhnipeg-wiieat up 1-2 to s-a

New York-Cotton and coffee gher; rubber and sugar unchang-

Mzscellaneo

(Cauadl-all Press)

MONTREAL, Dec. 19-

Wheat, nor no 2 93. _Barley C W no 3 43.

Oats, feed no 1 37. Flour, spring wheat patent-5, ii-sts $5.80.

F.our seconds $5.40. .

Flour bakers $5.30. Flour winter wheat patents.

Flour white corn $4.50. Bran ton $21.25. Shorts ton $22.25.

Middlings ton $27.25. Rolled oats bag 90 lbs 1-lay no 2 per ton carlo Cheese no 1 Ont white Cheese col 11 1-2. Butter no 1 25 1-2

Eggs in cartons A 1 Eggs A 1 medium 42. Eggs A 1 pullets 39-40. Eggs A large 44-45. Eggs A medium 36.

Eggs A pulleis 33-34.

Eggs B large 30.

Eggs B medium 28-29.

Eggs C 27-28.

S2-75. ts $10.00. 11.

.. D gt? N

ea » 2*

e 50-51.

P0tat0cs 90's P E I mis $1.30 t0

1-35. 90's P E I cobbler 80’s P E I nits $1 80's P E I cobbe 80’ B mts $1

.8;lé';-wen we °oe og-cn 3-

~rSw

even- or £"' ca

..-3

3 his . :5_,,“

5” is

s N

80's Que mts $1

_80‘s Que ccbblers 85-95-

(Cuuadian Press)

MONTR

ot an

hange today and other lines were

about steady with yesterdays quo- tations.

But‘|- Spot-Que grass and

West rzgraded closed 25 to 25 1-2.

Cheese spot-Ont white closed

10 3-4 to 11; Ont col 11 to 11 1-2. Soles 400 Que col (Oct) ll 'I-8.

Eggs Spot-Ont A large closed

41 to 42; A medium 31 to 32; A- puilets 29 to 30; B large 25 3

26; B medium 25 to 25 1

1-2 to 24.

. _*_* oi. 35’

Ocean Liners Oi

Two Distinct Types

'NEW YORK, DCC. 19-('|‘.)--

The men who direct the - trans- Atlantic stcamslifp lines predicted ~ today that future ships may not greatly exceed the mighty Nor- mandie in size or speed.

If they do not, the executives

agreed, it will be because the in-

EAL, Duc. 19-Butter

d futures eased narrowly

Meumed by me undated gn the Canadian Commodity Ehr-

0% 124% I 10:: I 1:40

ment was recorded in Lake shore, Imperial oil and Massey Harris. Canadian Pacino, Hiram Walker, Distillers-Seagrams, Canadian Mar- coni, Intemationai Nickel and Do- minion Stores were slightly lower.

A reduction in the bar silver'

price which was the equivalent of 1.81 cents an ounce was made in -London in response to the fact that bids from thls country met only a small part of the total offered. A subsequent out of 2 cents an ounce to 53 3-4 cents in the price of im- ported silver at New York carried the price here down 11 5-5 cents since Dec. 9. and the lowest quota- tation since last February.

Specialties which pushed their

wav uphill against the downtrend of the rest of the list, were Celanese, up`1 at 28 1-8; Evans Products. UP 3-8 at 37 7-B, and Monsanto Chenil- cai, up 2 at 35. Douglas Aircraft and United Airport were active at moderate advances.

While the financial community

retained its generally optimistic outlook for bus‘ness Dl’0E1‘e95, the majority of prominent industrial shares were under the influence of

unsettled sentiment.

WEST ROYALTY SCHOOL

Honor roll for November and De-

cembcr:

Grade X- 1, Ilene Curley; 2.

Jennie Cudmore.

Grade IX (Sn).-1, Grace Crosby;

2, Marianne MacKinnon; 3, Birdena Frimle.

Grade IX (Jr.)-1, Gladys Curley!

2, Georgina Trainor; 3, Pius Curley-

Irene Frizsle; 3, George Cl' 1'

Grade AI-1, Bertha HIUTYZ 3.

Grade IV-1, Doris Plckurd; 2,

J iuell.

Grade I (al-1, Harold Gates; 2,

Grade I (b)-1, Billy Rhynes, 2.

Alex Rhynes. ‘

Grade I (c)-1, Jean Rhymes; 2,

Jackie Vesscy: 3, Fred Vessey.

Teachers--Sadie M. Bruce and

Katherine MacKinnon.

NOTICE

SECURITIES

Of Associated Gas and Electric Company

vertible debentures urls; “A” and any other security in default of the above company will be held in the

cupinc 1 3-8. Fractional improve-

crease is unnecessary rather than impossible Blended together, their views show the passenger of the futur‘ ¢n'o'sinc the North Atlantic in one of two types of craft already well defined.

For the man who desires the best

or must make haste, they predict 80,000-ton express liners like the record-breaking Normandie will

agen the sea in approximately four

ys_

VUEEKLY SERVICE

'Pu ~ ships will suffice to handle

one lLne's luxury traffic, for they will have the size and speed to maintain weekly sailings regard- less of weather.

For the man wh( wants solid

comfort without high cost, who is willing ir even eager to spend a couple of days longer on the ocean fleets of cabin ships will be shut- tiing steadily beitwcen New York and European ports. The com- posite picture shows them to be mostly\20,000-tonners_

Economic corditions will deter-

mine finally what the trend shall be. If bigger and faster ships can do the work of more and, smaller ships-why not?

“Why not?" echoed Henri Morin

de Liriclavs, general manager of the French Line in Canada and the United States. "It would make for economy and probably better the service to t‘h~ public."

But he did not think the giant

ships would obtain any monopoly

"In rur opinion," he said, "ex-

press liners will never cover the entire field of travel opportunity

Grade VIII-1, Paul Macggy; 2. on the high seas." ~ Com/errion Ofer:

AIRTBAVEL

_ I a o

“ll” "“°€““°“' "”°""’ "lit" Maritune Tele ra h 85 Tele hone C0111 2111 r°§‘§°‘i§=2'wih°§%°§f°§11°11vL°L§5i-2'h'5f§.fv'ii§'§is_'5“§f.'f‘1s.‘§§.$"2f"¥i g P Limited P P c y

coming a serious competitor "will

Loetto '1`r°1r\°1'i 3- _°*l\1"f a on ti tim '- ° . ' M t a Bonds Series "B" EM. 111-1, Joseph curuy and _,1°‘§38‘§§;"*;ol;’;l{_e]l’; 2;’ wen ll; _ Thirty Year Refunding and General or g ge , _

Margaret' Gates (equal): 2, Mar- mu, tm L.. _ | h ft t aturit Blfvt UUFNY- Cunard vsifhite star, which in 6% to July 1’ 1941 4/1% I erea er 0 m Y

building the Queen Mary de-

Bteriing Frizzell; 3, Carl Crosby: umm, panned th, ,hip gg an-y To be dated January 1, 1936 To mature January 1, 1966

one-half of the linels express pas- senger service.

"Economy is the prime con-

sideration," explained H. P. Borer, the company's general passenger manager in this c untry.

"Developments of engineering at

lost have made it possible to give weekly service with two ships in- stead of three, and two crews in- stead of three, and build and oper- atc these two huge ships as chesp-

'ro nonncas or nursunrun Lv” ,hm mmm, on”

"Cubin ships, however. will still

have u definite place. Some people always want the fastest and most luxurious service; others are satis- fied with adequate accommoda- tions. prefer lower costs and enjoy

A meeting of holdem of 0% mn. a couple of extra days at sea. - :3;’g2‘1{;E“

EXGIITY-YEAR-OLD PAINTER-

MoN'msAi. _ _ ed

t _

umsaom or me ony nursing. §‘(’,',§,§f°N Lm" l 51.*? _’.‘1i.’i°.‘i.E'_E.f‘.I'.’§"..’.?°..‘.°.'...§3;“i'.§"I;_ m»=~<1°~ 20 King sneer. Sain: John

lain u tectivo umoohtiam for the hibitor at the annual art exhib- c"""m‘T°N

gmfnimazvmxisglsngarnii scum. itiohs pr mnchesier academy or °"“’““,m§,"“'°“'" T¢|=Ph°M 542°’

L-am-1:40-ii.

me mn for shout so ymhl

celebrated bar Nth birthday re- eently.

'*_°"'i" '_' °'°**'*= -~e_'-113:"

» as

-__

_ vi ¢

cAN.4DiAN_s AND 'rnsm iNous'rR1Es-AND 'rnsin BANK

. - DAIRYING -

own and later u. modern dairy ournc And don't forget what our wives and children did. Angus.”

HENRY; "Angus, do you ever think ol' die time we surfed :his dairy business?"

ANGUS: "No, indeed! Even :he girls joined calf clubs and borrowed money from the Bank to buy the firsr iine crock. They did dieir bi: in building up our present prize-winning herd_"

ANGUS: "You ber i do, Henry. Ir all armed wiih me driving that milk route nr $20 a month and board. 1 worked early and hard for what Igor,

I but the :urn came when the boss was willing ro

' sell our. The Bank of Montreal knew I was ihrifry ‘ _ from the way my savings account had grown Nor onlyue die largest dairy concerns in Canada l sreadily_ They helped a lor by lending me some customers oi’ the Bank of Montreal, but hundreds

money-sion good security, of course; ir gave me oi' independent dairy fannen u we1l__ Luge and s good mn. I srill worked mighty hard, bu: the small, :hey keep their business deposits and sav- profirs made me forgetl was so sired. We have a ings at the Bank and borrow at times for seasonal nice balance ar the Bank now." requirements. Many of :hem cull on the Bank for

. other services, such as credit informuion, marker

HENRY: "Yes, and you :ook me lu as a partner conditions. Many of them have their bonds and and gradually we worked up ro s ine herd of our otbervaluable papers with die Bank forssfekeeping,

BANK OF MONTREAL

ssr/isusnsn :sir » HEAD orrics. MONTREAL

Charlottetown Branch: A. I. B. BELCHER, Manager

MODERN EFHCIENT BANKING SERVICE THE OUTCOMB OF li! YEARS' SUCCISSFUI. OPEKATIOI

0-- ~_____"___ __ ‘Boys and girls across the cohtin- ~ _ Miner Greets Tar, ... ....1 uv. ._ .............__ ._.. ... chu with in we -nd cp

_ F, the pwgram. The ahh:___.e¢r at for v- few mnlvlllteshgn tlégenecr

_Ottawa will chat with Agounggers I-listeners W TJ’ t 0

, lat many points, inquiring aoout`ir0m the P9359 °We1’ U

on their experiences on Christmas Day. and the Daft °1 9' Christmas

Listeners will be reminded of service from a little chuwl

“fi

1 1 golf 1 --

“*“_ those h cannot leave their sick- P.inoe Albert, Sask_ The ch<

‘BY Th” C“"¢“‘*“ ,"'°"2,l Leda tow¢;1;bram me Yuietide. Prom clutter of knives vid f°’kS Wm’ °! an °'”`p‘“n° 'PNP and ‘lie Hopita' for Sick Children in dishes and the conversation the chatter of youngsters will blend -'foronio' a “me patient Wm de_.typ1c,_1 famuy at dinner wi with the :lap of Pacific waters and smbe the brhhuy decora,/sd ward picked up from Halifax the drawl of a miner under the and the presgnts brought by me Even me ,adm engineer c North Atlantic when the Canadian announcen _into the pr0gmm_ The bros Radio Commission puts Christmas ‘takes the listener behind the s OH C116 B11' this WHY- Shouts of Canadians enjoying Out :it Ottawa and al`0ws him to Almot every important point in door sport will be heard from announce, and operators arr

Canada is rear sented in the vrideiy-scattered points. Mon real the demus of the network

ChYiSf-IM-S D81' bmadcast °V‘" tm will provide ski-jcrince and sleigh h. 1 ::.;;‘:_':_f.‘;.“§;;°°;“-.“;;= ‘f.'f.s““;.'.§ :°‘.s;if‘; - “$5”-‘ifl»?°i`l °li‘2“”<=a’i

' ° ' ' P” V' ' tub. P;-eminent canadians 5

lasts two hours. _ I came and victoria a four ome at gvord to their mends in their Scenes from Canadian li.e wil , town They ,om in singing be presented from such diverse A number of scenes will be pre- Lang Byne_,, AS their voices -points as Edmonton in nothern A1- sented in both French and English out the canada” choirs ta ,ber.a. and Windsor-a most the most one of these is the sleigh drive me’ tune Mcentuatmg the southeziy point in Canada. Morelparty from Montreal. Another is friendshng, between the two

than a score of places frrom Sydney _ get in the oldest house in Canada

to Victoria .will contribute to tliei__at Quebec City-where Mcnteglrrpmes'

picture of Canadian celebrations. died.

One thousand persons-half of them The microphone will be taken to

pig;/ale citizeitis of the Dominion- :i wigd-syvept landing fiield atthuid- SYDNEY STEELMEN GE w co-opera :_ mon ri or any nerv ew w s. -“ON an uiichaiiohai nm is provided famous northern punt bringing ""£_

by an exchange of greetings between_Christmas messages from the far Two wen known Sydney 1 a prominent Canadian staesman north. Later it will pck up a Pw have been appointed to m

speiil-itilng from hottawat lands: trepre- wards hfrgrgi a coal lr:;iner-sgendigg positions on the steel p1,m¢_ sen a ve of l 2 Un e a es in‘ C r mas wor ng un er e The Me’ Robert Month. Washington. In addition Canadalsea at Sydney, N. S. i becomgs Supg of Blooming, B1 will broadcast her Christmas greet-I Then away to the waterfront at and Rael M1115, and -lparmyf' M ings to the world by beam wirelesslvancouver where a reporter talks Neil' who has been elected 1_0 from Yamachiche, Que. From Ri- to sailors from all over the globe. i pos; of Assistant gupf,_ of the

dcau Hall at Ottawa, Lord and Lady At Windsor listeners will hear s. Mm 'I`weedsmui;~ will voice their best family pass through the immigra- 1 My-_ Monte a brother of Lou wishes to the pcoole of Canada and

the United! States.

The broadcast opens with the

singing of “Good King Wencelas’ by choirs synchronized in a chain from Halifax to Vancouver. At the close the choirs will sing "The First

Noweil_" '

:ion office on their way back _to John Mgfgtt, this city, has b Canada to visit relatives at the chief dmughtsmam while Mr. M fcstive season. Neil, who is a son of retired C, To one Canadian father the na- 'r_ Conductor Alex A. Ma tional hookup will mean a talk with |‘th George Street, has been his family in another part o. the fociated with Hunt and_ Warn country. Forced to spend Chritmas Inspection Bureau in the caps( away from home he will be able to of “final inspector” of rails.

As underwriters of this issue, we will accept in exchange for the Com- pany's presently outstanding 6% First Mortgage Bonds, due july l, 1941, which»have'been called for redemption on january 1, 1936. an equal pu value of the -Series "B" Bonds, above mentioned, in multiples of $300. »

This offer to convert the 6% First Mortgage Bonds into the Series "B" Bonds expires on December 51, 1935, prior ro which date bonclholders should communicate with our nearest office if they wish to take

advantage of the conversion offer. I

°mo W. C. Pitfield Sc Company _Y