A Rog‘ v.11 13419378

§T6c1<

;__ ,l

_ Momiing Stock’, Letter

’ menu's-rs c u Win) o

TORONTO, Peb- 12-41011 Lake mm Shores‘ has. cut - another station at 550 foot depth. er Mwkel will woceed at once drv- (pg end to put thedownward ex- (gnaon oi ores at this level. It is_ oxpecmd the ore will be intersect- os in less then two weeks, further gliding (o the minesoutlook. A11 mill equipment for the 125 ton plant hes been practically ordered and will be handled through Hud- wn, Ontario.‘ . '

Dividend iiictioe-Mwoli Front- enac Oil 20 centaliaura Becord Candy Shop; 75 cents. Sylvanite’ Gold Mines Ltd. declared a divi-

TORONIO. Feb. 12-"Mscassa" January production reporied> at $102,714 from 5,027 tons ' oi ore- This is an average oi $17.33 per ton. December production am- ounted to $100,228 from 8,020 tons g ore or an average oi $10.04 per

n.

TORONTO. Feb. i2~—Falcon- bridge earnings in 1935 were 53 cents a share against 43 cents in 1934. Working capital $2,880,895 against $2,417,025. Metal sales $029,720. Ore reserves were in- creased during the year by 1,436,- 780 tons which, less 387,543 tons drawn during 11935. brought total reserves at December 31, 1935 to 4,059,475 tons. -hav1ng an average metallic content oi 1.93 per cent

dend oi five per cent payable in U. B. funds on Mar. shareholders-oi record at

s1 1m to 3 the

nickel and .01 per cent copper as compared with 2,980,238 tons of an average grade oi 2.04 percent nickel and .90 per cent copper at

closing o! business Feb. n, was.‘ Ex dividend re». 20-39. 1 ilho use; or 1934, - Misirelianeous '

(Canadian Press)

MONTREAL, Feb. 12-

Wbeat, nor no 2 91.

Barley C W no 3 44-

0m, ieedi no 1 as.

Flour spring wheat patents, lirsts $5.50.

Flour seqonds.$5.10. Flour bakers $5.00. Flour Mater wheat ahoice $3.70.

Flour while corn $4.60. Bran (on $10.25. Shorts ton $20.25. Middiinps ton $25-25. Rolled 083s. bag 00 lbs $2.90. Hay no 2 per ton carlota $10.00. Eggs in cartons A 1 large 06. Eggs A 1 medium 34

Eggs A .1 pullets 82.

Eggs A large 29.

Eggs A medium 27.

Eggs A pullets 24.

Eggs O 26.

118.451.0011 90's P i! I mts $1.35 to 11.4 .

30's P l8 I cobbiers 0130-01-35. 80's E til: I mts $120-$125. ~ 00's P L‘ I mts $120-$125.

so’, 1' 1: I cobblers $115-$120. 00's N 1B nits $1.10 to $1.16.

80's Que mt; $1.05 to $1.10

00's Qilie white no’ 2 90 to $1.00.

(‘Canadian Press)

- MONTREAL. Feb. 12—Voiume

901M103.

oi trading increased subsiantially

on the produce section oi Canad- ian Commodity Exchange. ' Butter Spot-Sales, 100 boxes Que us, 32 1-2; 125 boxes west regra ed, (93 score) 22 5-9. Cheeq Spot: Ont white 10 3-4- 11 i-2, col 11 1-2 to 12. Egg Spob- Ont A large 28 to 20: a-mediiilm 20 to 27: A, bullets s24 25.

(Canadian Press) MONTREAL. Deb. l2—The Can- adian dollar advanced on Mont- real foreign exchanges today. Pound iterling lost i-2 a cent to 4.90 3 while-the French iranc

uvssroci?

(Canadian _ Press)

MONTREAL. lleb. l2—Oifer- inxs on Montreal livestock mar- kets today totalled 878 head. Re- ceipts werc composed oi 120 cattle. 59 calves and 494 hogs.

The cattle offered were only of common quality and were sold be- tween $2-25 and $2.50 ior canners and cutters. with a few fair butcher cows around $3.50,

Veal calves were sold in mixed lots at $9 to $0.50. Common thin light kinds sold as low as $7.

Bacon hogs were steady at $9.25 fed and watered. with $1 per hog Dremium on selects. Butchers. heavies and lights were $0.75 and extra heavier $8.25. Bows were from 37 to $0. .

S S. LADY DRAKE SAILS FOR. SOUTH

MONTREAL, Que. Feb. 12- When the cruise liner "Lady Drake" Canadian National Steamships sails. from Halifax Thursday at midnight ‘via Boston on a month long cruise to Bermuda. the Lee- ward and Windward Islands. Bar- bados.- Trinidad and British Guiana, she will carry a capacity list of vacationisis bound for the southern tropical resorts.

Following the present sailing (here will be (ive more departures of “Lady" liners on this route be- fore the end oi April at intervals oi two weeks each. Passengers oi prominence boarding the “Lady Drake" will include Captain A. E. Martin, President Manager oi Canadian ‘Banana Company of Montreal. Other pas- :cngers on the present sailing will include Mrs. L A. Langstroth oi Saint John, N. 8., Mrs. W. F. Napier, Miss V. Napier of Camp-

dipped 1.01 cent to 0.00.

NEW

CANADIAN NATIONAL RAILWAY

(GUARANTEED BY DOMVNION OI‘ CANADA) 5% BONDS DUE FEB. 15th. 1858 AT

V1.50 AND ACCBUED INTEREST T0 YIELD 3.10%- OBDERS MAY BB TELEPHONE!) 0R TELEGRAPHED

AT OUR

. LIMITED INVESTMENT DEALERS

E. M. BAGNALL MANAGER

OF NOVA

BANK TELEPHONE 1410.

"5

LIRVIIIG, BREIIIIAII 8r COMPANY

Munro, Sister Frederica oi Haiiicx, N. s.

ISSUE

EXPENSE

P -.,,,,,,----.._ ||

SCOTIA BUILDING CHABLOTTETOWN

A 7AA

lfGfl-DGGGGDQDGDDAG- O-C.. -

Advertising Rates-Payable in Advance

Oloiral Guardian locale, do per wo Her word: Announcements and Con: e wordy In

Die inch) Nation II Thanks and vwril. Ofhor rune on applicators

rd) Western undilfiantern locals,‘ 2e lng. Events lo per word; Classified

llelnpglam NoLeen, 70o per inch; Lists of Floral and Hp ritual Offerings, Cassia, 01s.. 4o Xer nnmei Letter: of Condolence 70(-

ppreolation, 70o per inch or 4o per

lllnnnum Chirle for any advertisement twenty-five elm".

' _mcfinw

For Sale

oi.» .~.-...‘s'.-.1.-n»s r-oa sol-h- Appiy Guardian Oflice. i-30-tf. ‘ii.-

FOI. BALE - NEWLY I-‘REBIIIN- ed cow, pure’ bred Ayrshire. D. _ Darrach, Bonehaw. L-9l8;2-_l2_-§_i.

SCRATCH PADS-PAD! ‘t! "0 sheets 5 x ‘m. Price 3 cents Der pad. Postage extra. Guardian 108m. .

F=‘r_t_._

IOI BALI - AUQTION 90:5:-

Carda uardian Central Job Printer). . i’ =T

ICI. lALl-IIGIIT INC]! PLAT! Crusher, or wolud exchange ior a milk oow..Appiy O. H. ilillman. Union Road. L-ois-a-rz-si.

um. All modern conveniences. Alislott ' eed right. Apply

DOW. P. o. m: 0 Ci . a Z-a-s-e-r-e-u-ei.

. Wanted‘ Y _

lvnscellanui rue

ESCAPED FROM RANCH, MALL Fox marked M-40 right ear. Re- ward. Herbert Mason, Bunbury.

_ ~ L-aso-a-u-si.

raacnsas-nacrooaarus A’! “Zero Prices." Write today and learn how to get a free Hecto- graph. Make your work a pleas- ure. John Egan, Mt. Stewart.

L-0§2-2-1I-3i.

i

FOUND - A REMEDY FOB W08- ries. Safe, sure and lasting con- tentment assuredi Bun Life poli- cies are the medium, rm- partic- ulars consuithl. A. Moore. Currie Bldg, Charlottetown.

a’: Boarders Wanted

and Genera-l.- V.

‘ a . THE crjanwrrzrowicoannrm l .

QUOTA

MINING

- (Canadian from)

TORONTO, llbb. 12-Base met- al stocks took a turn in the min- ms swtlisht wdsv. influenced.’ by lhe advance (o new high ground; o! I rnstionsi Nickel on the Toronto industrial and the 14m- don markets. Penny issues, which 110d 0001191911 the stale ‘through several: sessions were slightly less 0011891 today though several of them continued to change hands in volume with price gains out-numbering losses. 'l‘he gold index gained .05 to 131.74 and the miscellaneous mines indeaflgained 1.60 to 136.90. Volumeat 2,830,000 was the heaviest since January 24.

Faiconbridge attempted to dup- ilcate nickel's performance and it advanced to a new high at 8.85 but tailed to hold it. Ventures was 501K811 in heavy volume at a gain 01 14 cents. Sudbury Basin added 15 cents. Waite-Amulet 6.

Spotty strength in the golds ai- iected the cheaper issues mainly. Macassa recovered 5 cents o! its recent loss. Pamour came back 8 cents. Little Long Lac 1o cgnfig and Central Patricia 5 cents. Tex- ns-Canadian shot 28 cents higher whi‘: cheap oils weze quiet. To1:0.\"1‘(g.a?:1‘:“1§f"’

Blocks

Coniurum Dome Ex

lllldormio . . __ F Bridge .... .. Fed Kirk

llnrll Rock liuriccr ..

bellton, N.B., Dr. and Mrs. H. G. MI,

Pcrron .. . . . I'M Cob . Pnmour ..

St Anti!‘ . Sud Basin Sud Cont.

‘JNIIISTED Aldennac . . . . . . . . . . . . .. 15% Brett Tr 4% on Milli 10?; i (lurch 1i (in (Yo Cop 800 Cobalt 2% Dill Ull 4i) East Cr 13 Foothills . 35 B0 Hud Buy 2714 Kirk 'l‘own 18 Iinko liar 0% slnlrobic

00

‘renlon 4-; ililcllis 3 I Robb Mont 753 - ind Mines 5:’; “ 3%

no/lanaas WANTlD- cmflal. ioeatity. Reasonable rates. Phone 507. - 11-070-2-11-21.

Position Wanted ‘.0 rosmou as nous:-

WANTID- mild. X. Y. 2., Remington. 11-010-2-12-21.

i=5.

Female- Heig, Wanted m

ienoe with references. A 171 Queen ltreet. 11-051- -1$-ii_.

v

TIONS

‘*1

Mt’l. (Stock Eqéchange

(Supplied by Pmtr-hl and Company Members of liluuiri-ul atoelr exelaann and Cull llarket)

lholl

Abllibl Blthurlt . Tel

Bell . . . Bruslllun .. Brew (torp

o..."

Colunese

(Iockshutt? lDlo-vv‘ .

llulvsey liurrl lilcColl Front Mont l'o\v Nat -lir(-w . Nat Ht (‘ur .. . Power Corp Shawinignn Sou (fun Pow Si. o! Gun ..

Bk of (‘on Bk of (fomni uir nf 101:1

EXCIZANGE

(Canadian Press)

MONTREAL. Feb. l2—~Bri(ri.s. and foreign exchange in relatio- to the Canadian dollar as compli- ed by the Royal Bank oi Canada closed today as follower-

Australia pound 3.0820.

Austria scbillings .1002

China l-long Kong dollars .3295.

Finland iinmark .0222.

France franc .0668.

Great Britain pound 4.0875-

Tndia rupee .3785.

Japan yen .2925.

New Zealand pound 4.0222.

Poland zloti .1915.

Roumania leu .0080.

Bouth Africa pound 4.9526.

United states dollar 1-8 per oenr discount. .

Closing exchange rates:-

At Montreal-Pound 4.98 3-4; U. :1. dollar 99 7-8; France 8.08.

At New York-Holiday.

At Paris~Pound 74M fr; U. B. dollar 15.00 tr; Canadian dollar 15.00 fr. >-

In gold-Pound 12s; U. S. dollar 58.50 cents; Canadian dollar 58.86 cents.

PRODUCE

(Canadian Prue)

MONTREAL, Feb 12—Eggs were stronger and prices iollowed an upward trend on Montreal open produce markem today. Butter was steady and potatoes mained unchanged

Graded egg shipments in car- lots or-less were 29 cents per dozen ior A large, 27 cents for A-med- iun and 24 to 25 cents for A pul- lets.

Butter receipts were slightly improved but quotations dropped a little lower at 22 1-2 to 28 cent: per pound for carlots or less whii: lots to retailers were 24 for solid; and 25 for prints. -

Cheese held nominally unchang~ ed at 11 1-2 to 12 cents for On- tario no 1 white and 11 to 111-2 for colored.

Prince Edward Island potatoes were quoted unchanged at 01.85 tr $1.40 for mountains and $1.30 t $1.35 for cobblers per 90 pourn bag. Eighty-pound bags brorugh $1.20 for mountains and $1.10 $1.15 ior cobbiers. Quebecs, $1- 2 $1.10 and Quebec no 2 90 cents

1.

. . . . . . . . . .. 53 5-‘! . .. 105 I05

210%

"06

Prices Push Upward On Mt’|. Market

(C. P. By Guardian's Special W12"

MONTREAL, Feb. 12—Mlld bu ing enthusiasm aided prices work slightly higher today on i Montreal Stock Exchange.

Brunt of activity was borne l alcoholhutiiity, construction a: bank shares which were on the u side. Paper issues lost most oi thc gain oi yesterday while metals wer firm '

National Breweries closed at 4? up i-4. while Canadian Industrir Alcohol “A" at 12 and "B" at 1' 5-8 were up a like amount. Dis tiilers-Seagrams held unchanged

B. C. Power led its division wii‘ the "A" stock up a point and (h "B" also active, gaining about ha" a. point at 4' 5-8. Brenilian edgr up 1-8 in modest trading. Montre Power moved in opposition to tl~ rest of the utility group, easing 1 fraction at 32 7-0.

Total sales were 32,544 shares. bonds 017.750.

(illjpllofl by Pllllelll and COMP!!! ‘ stock

and (‘orb lhrket) 51¢“ ‘ Opel 14st A Oil . . . . . . . .. 22 l2 D0111 More: . 11 lord A .. 25 .10 imp on .. 24 inter Pete 38% 38% Melehera .. . 12 12a Walkbr flood . . 32 32 ' ‘tomato and Montreal-Indus- mr "s" to lines-Higher.

New Tori-All stock and medic! make closed.

Wlnninel- cat op 1,34 (e1 1-0 coats. i

00m-

asrusas 1o rilrnomaoa

(C, E-Ila (B! Gllllilalfa, Sp! I Wire) DUBLIN, Feb. I2+A woman

senator refused to stand in th* Iron Free stars Benaid today dur- inl a minute's silence‘ voted ir svmnlthy forgthe Ro‘ 1 Family‘ loss by the dehth of Georg

The woman is the widow r 1110mm Clarke, who, with h brother sewn-e. was‘ executed am. the i010 uprising, ‘

The Eastern Trust Company

roRrY-rnmn ANNUAL REPORT) For the (Year 1935 - ,-

At the annual general rneeilng of shareholders oi The Eastern Trust Company held Feb 12th, the f ' l statements for the year 1935 were presented, and disclosed evidence of steady growth and evelopment. Estates, Trusts and Agencies under administration had increased $2.932,630.00 over the preceding year, in gplte of a distribution, in the ordinary W281 of $2,734,704.80. Guaranwd investment Funds were = shown to‘ have grown 13% to a total oi $5.807, 4.31. The total of all Assets has now reached the substantial figure o! 1 r - -

In his report to the shareholders the President drew attention to the continued improvement and growing confidence oi business, which had been signally reflected in the affairs oi the Company. The operations of the Mortgage Department had been particularly successful, the Corn any's stafl under the direction of the Inspection and Loan Committees of Directors having maintained a helpful re ationship with borrowers which had proved eminently satisfactory. - ‘ .

A very gratifying number oi new Estates and Accounts were received in the Estates, Trusts and Agencies section. These were varied in size, far-reaching in purpose and widespread in location. At no previous point in its history have there been so many Wills of intending tesiators placed for safe-keeping in the Company's custody.

\ -The balance sheet shows total assets in ca ital account o 1, , 4 . , ' '. , of 1934. The Reserve Fund has been strengiigened by the (51155112412 Iiltagi yrrlhtigfisvggfidqoilrtiietmr ‘$511513? lng for all known losses which had occurred during (he year, laying aside a reserve of $27,000.00 for tax levies, writing down long-held assets by $3,560.00, writing $25,"49.61 ofl oflice premises and fixtures, payin ‘the regular dividends, and carrying forward a profit and loss balance oi $23,515.06. These are among the elemengs of security and strength which gives the company its high qualiilcannns for corporate trustee service. 1 ,

\

FORTY-THIRD A

LIABILITIES AS5518 Ca l al 1,0 , . , - -. ANNUAL REPORT n2‘.“.‘."r.‘.l"’ ‘ 123338.33 v-ggy-ohgrggpi; 0F T110 Pm!" “d M“ . s. other Bonds} zaassssc _ RAccount ..... .. , 25,515.00 Sucks ‘ _ _ _ _ __ “m” Board of Directors elfggfiny ‘"3’; . L0,,“ ‘by, .s,,",,,,k, . For {ha Year Ending nTilagres 41,432.79 Mgritialfllérgids an: December, 19:15 Iguygdvmg? A....,._.,.M,..t.,_.,,,, To the Shareholders of ary, ma 2o,ooooo °" °' 100°‘ The Eastern Trust Company: Milidzgimisné 1553"" Your Directors submit herewith ~ (m. sale _ _ _ _ , _ 59,341 3g the Financial Statement oi your - om“ premise;- Company ior (he year ended 31st Vaults and Safe December. 1935- Deposit Boxes . 110,000.00 The improving (one and confi- Advances 1° E5- dance in general business. and (awsgpmm and also within the Company, which Agencje; 30,0513; was noted in our preceding report. cash 1n 3mg hu continued to zrcw- The and on Hand .. 249516.59 Company's profits have permitted n: u‘ I m $1,334,053! i-—-— $1,334,947.85 the payment again oi the regular l”: °Y ' Damn“. h", 1m _ dividends and the (ransfer of V" me“ In" ‘fitment Gun $25,000 (u Reserve Fund. after "m" '~~-----$5»9°7»244-31 anteed: ' providing for all (axes. writing Dominion Pm, ~ ' 521095.75 of! Offlee Premises and vine“, ' Munb 2.238000 for los on old mori- elm] 5nd “he, in making up (he Annual State- Mmggzes‘ ' ' ' ’ meni, all Investments of the [pang on ‘Stocks I ' Comoanv have been included ai and Bonds; ‘ 1515955” not higher than market values. Accrued lute}; ' ' ' The operation and records were on Mortgage, subjected to (he usual (hornush and Bands _ 3640527 nxamlnsiion by the ofllcials of the cash 1n Bank Qua ' ' Dominion Government and. under - m Han _ _ _ _ U 59 546'“ the direction of the lnsneriion $5,007,244.31 m “$073443, Committee of the Board. all iiems 35kg”. T, n", ' ‘ ' of the Company's Assets were ‘m; “n”, smined by our own inmecilon Accounm Staff and Auditors and (‘"- rcrll- Stocks 8t Bond.$37,527,835.l5 (lcaie of (he latter is sfllxed (o Morgan"! _ _ _ _ __ 5_358315_a1 the report. After riisiributine Saving; Bank __ jump” funds of Estates, ‘Trusts and [ans on slack, Agencies (o a total of $2,734.70‘- 00 Estates, ‘Ira at: and Bonds 1,001,230.14 durimz (he vear. (he amount under and A g e n ey Q3511 In 13mg m ndmlnisiratlon has increased hv Accounts: on Hand . . . . .. 741,512,l2 32.932.628.06 to 540.377.960.24 Estates, Trusts Res] Esigfe and Guaranteed Investment Funds’ and Agencies Sundry Assets have grown by 964220458 (o under Admlnis- . n1 mvgnlqry ‘K807244511. ‘Real estate for sale tration . . . . . “$40,377,000. Values . . . . . .. 4,511,100.20 i5 up 87.58250 to 8833141199. -i__.$49,317_9g0,34 iflmaq7v95ozg Provision for any prospective ——-i ..__i_ shrinkage on realization of such $8,520,152.40 35051035144) has been made. i i In EJ111188. TY"!!! and Alencies secfiorgi zratifgin: numtlser of RESERVE FUND new s s an ccnuns was 1935 1935 xfgffln lgmfllcafefgéfifil“,n Dec. s1. To Balance 250,000.00 l Jan. 1. By Balance ........ 41154100110 m‘. h, b,» Dec. 31. " ‘Pransier from Profit purpose and wide ead d L "om wlfivert {bgogf 118v; to‘: an ose . . . . . . . . . . . . . . . .. 25,000.00 many sonnnilB-i 1' “i '*'“_ been lodged for safe custody and 3 350-999-913 0350-90990 it n fltiina-io draw attention u» i‘: - . i vault service provided in thai , regard, Long experience shows M yaorn AND 1._o_ss ACCOUNT, am nrcesrann, 10s:- hnw important it is for su clients (e consult their selected To Quarterly Dividends Nos. By Balance 31st December 1904 $28,123.50 ‘Txecuior ai (he time when Llfes 136, 187 and 1S8 . . . . . . . . ..$ 60,000.00 " Net Earnings after deducting Most Important D1. ument is be- " Quarterly Dividend No. 139 Charges of Management, ing prepared. Invaluable are the declared and due 2nd Jan- 1 Auditors’ and Directors‘ Fees suggestions that can (hen be uary 1030 . . . . . . . . . . . . . . .. 20,000.00 and Ill Other Expenses 101,309.00 V made. Important. too- ls (h! Dfl- " Oflloe Fixtures written off .. 4,253.80 - lodic revision of (he Will I0 keel? " Office Premises written down 21,095. pace with ever changing Oondi- “ Assets writien down . . . . . .. 3.508.110 (ions of Assets. Beneficiaries and " Rggefvg go,- Tax“ , , _ , _ , _ _ , 27310030 lnientinns. " Transfer 1c Reserve Fund .. 25.00000 It is becoming ever more " Balance . . . . . . . . . . . . . . . . .. 23,515.08 ‘i’ broadly ' re%gnizedt (‘that cine E 0104-43207 nmoanv s usran ee nv - 33g v i mg“; Cel-gim-age; cqngflhfle one p By Balance . . . . . . . . . . . . . . . . . . ..$ 28,515.06 of the most attractive investments F. B. McCURDY, President F. H. M. JONES, General Manager

available anywhere. Strictly non- fluriuatlng in value, doubly secur- ed by (he quality of (he useis behind (hem plus (he full unwei- of (he Company's unconditional guarantee of principal and inter- est. liquid and convenient in form. with rates of interest well maintained under all conditions. l( is naiurni (bat another lame increase in (his Deparmenl of (he Pmnbflnv‘: birsiness should have occurred during (he year.

The Easiern Trust Company has nlwsvs invesled :1 subsianiml portion of its loanable funds in loans secured bv mortgage. To cnnduci a mnriv-uze iocdin‘! oper- “Wm successfully calls for un~ "emiiiinfl attention (o the var- ious conditions of property sec-or» ity. insurance. (ax naymonis ‘nierest colleciions and so fnrih The Company's (rained and ex- perienced Staff, under direction of (he inspection and Loan Com- mittees oi Directors. have aimed to maintain n helpful relationship with the borrowing clientele and it is with pleasure that we repori v1cg; PRESIDENTS (he successful operation of the '11 13 11051,, Egg" K!‘