‘Annual Statoauoiiti A . 1' ' fol i. 4'"!!! * -i pIUIUAL LIFE lorllsoANAnA

_ Waterloo _‘ - - i Ontario

i ' ’ - _

' The Sixtieth Annual Statement of the Company shows the ‘following progress in the past year: New Paid fqt'—-’§67,3$9,410. _ '

* Dividends paid Policyholdera—$4,573,174. Surplus Funds 8L Special Investment Reserves - ~ -s12,3_11,s29. Surplus Earninga--¢5,043,035. {Total Apkte--$107,408,986. ‘ Rate er Interest Earned-6.30%.) ' Expense Ratio-- 14.45%.

l ‘ . '— l J Insurance in Foroe—$461,316,653.00 l Financial Statement es oi December 31a, i929 c ASSETS ' Mortgage Loans on Real ﬂute... $40,181,063!) Ben .... 41,637,l11.72 , Stocks . 433,481.70 Real Esta 91 1,832,542.15 v Loans on Policies. 18,72Z,l75.51 Cash 139,664.94 l Premium in course of collection" 1,966,826.63 ' ‘ cru 2,495,014.70 1...! 110340595543

' LIABILITIES i

l

l Policy Reserves, ........................ .._. ............................. .. ss7,os4,o4a.9s 5 Unpaid Policy- Ciaima and Dividends to Policy- I

i

l

i

holders, due but not 544,431.39 Dividends left with the Company at interest. 705,336.55 Taxes 217,951.31 Other Liabilities $65,688.99 l Special Reserves and Surplus Panda. 12,311,529.” i » . . l Tnlml ’ 1197493354; l ‘ mluscroizs l . . . l R; O. McCulloch, C. M. Bowman‘, ' Prniden! Chairman a] ibi Board L. L. Lang, J. Kerr Piaken,‘ 1:! Vite-Preside?!) \ Zed Vice-Preside!!!

lit... Cronyn 1'. A. roam It... ahead... K.C. J

l.. J. Breithaupr B. G. Long, K.C. W. J. Blake Wilson

W. G.’ Watson GlylrOaler, ICC Hon. I. Fred Fraser

Hon. S. C. Mewlmrn, ICC. . Hem J. B. Perrault, KG.

- ‘ ‘ PROGRESS or "ma COMPANY A -

- \ Paid ro Business Year ‘Idcome Assets Policyhoidere - i in Force ' 1889 448,900 ‘ 1,474,4I§ I 191,166. I I3,IZ7,4M 1909 2,749,047 14,510,441 ail-W :9 61,959 1929 24,520,524 107,405,935 11,625,073 461,310,653

A booklet containing the Jooaedinga of the Annual Meeting will

gladly be mailed to policyholders upon request.‘ ‘

- Members standard Stock and Mining Exchange Members oi Vancouver Stock Exchange.

Private Wires to Leading aachailgee and-ail ‘ Branches. Orders “aeculed on all Marketa. '

A Service you will APPIQNIW- I

m Graiton Street cuaainrrarowu

HEAD OFFICE OTTAWA

Other Maritime Branches e lalilaa." Hldlohn. Moiuton. Yarmouth.

, - Niwr Glaagow. Sydney. p. ’ masculine-line.»

l

SAFE. r SOUND SEASONED

; SECURITIES

l a . yielding r i5 % l ' to

6%

'li.B.ll0BlNSON.&C0

LIMITED. l

aloud-anal. - 21o s'r. JAMES s-r. 153 HOLLIS sr. roilouro - - - s1 youuu s1‘.

HALIFAX v I

CHAS. F. POOLEY

DISTRICT MANAGER

PEARDEN HOUSE

CHARLOTIETOWN. - - P. E.

MARKET GOSSIP

Furnished by Mowat a MacGltlllve

ray, Stock Brokers. '

l i

| Ltd, is putting up the money. l

l arc reported to have large interests l in all parts of the Empire and are

l and develop

ced Iully but it is understood scou mcr and that the management

cerning worthwhile properties. The Rio Tlnto Company which

had paid dividends forlover itf years. headed by Sir Auckland Geddcs a‘ Canadian Engineer;

merit Montreal men it is stated.

lng oi the tremendous holdings

farmer. tlon can now be set at rest, as it

be .

A _ . .T _\ I r

, Street Realty l Qorporationi '

Owns and operates the “La Belle", the live-storey apartment F hotel and four-storey apartment buildinfaltuatcd on the \ gsttaide of Drummoud Street, just oil St. Catherine st...

on real. a '

Tho Company has recently completed a five-storey addition to the apartment betel. This addition contains 8d two- "Wm. and two three-room‘ apartments and the hotel has now e total oi ito furnished "apartment.

RQIIIIIIIIIIQ A Sinking Fund Mortgage a 6%‘? Gold Bonds '

Menu-mg ‘February m, 1924 l

directly to the above.

Quotations furnished by Mowat MacG-iliivray,’ Stock Broken. iMontreal Stock Exchange

Abltlbl ..

........ --___a___._

According recent reports a Federal chlqter has been issucdto a company known lis the Erica. Exploration and ‘Development Company LtcL, which

should shortly begin operations in l Canada. The company is said to be privately financed and it is under- ‘stood thnttho Rio Tlnto Company

The interests behind ‘the Erica Ex- l 1iloratlon and Development Company

understood to be planning to explore promising Canadian prospects and properties. Plans for the iutlirc have not yet been announ-

will be put into the iieid this sum-

operl to receive propositions con-

understood to be financing the new company ,has operated copper mines in Spain for a great many years, and

It is an English company

while the manager isR. E. Palmer, I The "Enca Ccnipany will have n board oi prom-

Thc nnbuncement by Mr. Beaudry Lemon, President of the Canadian Bankers Association, to the cifect that no prcwurc to liquidate present wheat stocks has been exerted by the banks, nor do they contemplate any such action, ls oi considerable im- portance not only to the stock mar- kets, but to the country as a whole. The feeling has been growing that the Canadian Banks might shortly bcgtn to call in their loans advanced to the Wheat Pool, which would automatically necessitate the dump-

wheat at vcry low prices, andreault in considerable loss to the Canadian Nervousness in this connec-

deflriltely stated that no wheat will onthe market, and that the marketing will l5 done in orderly fashion. The ilrmingup oi Massey- Harrla Saturday can be attributed

a...» s \ Bell Telephone .'.

Buildlulfroducla I’! Can Car. 217i to Can. Ind. Alcohol ............. Ill CarhPowertkPaper Cons. Buieltera ..... CamBrewlng Can. Cement Dominion Bridge . ma. Famﬂll Players ........ 31 Fraser .. i6 " General Steel Wane 14% Gurds ' Hamilton Bridge .,.

.................

McCall-Frontenac .

National Breweries . National Steel Car .. Power Corp. Quebec Power Shawlnlgan .. ... Simona dc was,

Montreal Curb

British American Oil 43'»; Imperial Oil "

as w 42.15 Lake Bunei-lor-................ 11%

{New York Stocklaollduge

American Can ltl Alli‘ Chemical m Air ductlon 126% g Atlantic Reiirlln! 41% Amer. d: Foreign Power 95% ~Amer.- Slneltinl in Refining .,.. 15%’. Amer. Tel d: Tel . . 230 Briggs ilgixg. 1st’. Bethlehem Steel .. loo Anaconda Copper . 11% Cdlumblaﬂarbon

CornProducts ts Columbia. Gas .. Columbia’ Gramaphonc . . . . . . . 18 Continental Can Congoleum » fldwlYofk Central

is c. r. Electric Bond d: Share Eastman [Kodak Electric Power d: Light wiles Film 33 cons. Gas General Electric

General Motors . 43% Goodyear . 82% Hudson Motors . 58% Int. Harvester . 902-’.- Int.Tel&Tel.... n08, Stand. Oil oi New Jersey 627.’. Johns Mansvllle 143 Chrysler . 38?‘. Kciinecott Copper . 60E’. Kolster Radio 3

Montgomery Ward ... 436'.

Mack Truck 82

NashMotors 52-75 Stand. Oil of New York .. 32% Overland 103i Public service oi New Jersey .. ray. Radio 43% Remington Rand . 36

or Radio Kélth Ornheum . SlnclainOtl- Stand. Gas d: Oil Spicer Studebaker Bhellglfnlon Tells 0o Westinghouse U. B. Steel .. Yellow Cab '. Woolworth . . . . . . Amer.‘ Buyers

...-......

is

‘a Amer. Waterworks tic-Glee. 103% Allegheny Corp. 32%‘ Baldwin Locomotive 33% Bendix Aviation 39% Commercial ’ Solvents . . . . . . . . . 30%

l». moderate-l u-ea “eaalaaylirer-aertwaltha when. Tahaalllﬂi-Ilflewrllataannag ihglhafaiiwllnlmtltdeaei. , adirilihaeiiataileailltyulawm

Commonwealth d: 8o. . 178i

Cilflii-Sl wflﬂbh ... bupont

127

"......"

Paramount Famous Hailey Freaport Texas ml Packard . 16% Simmons 72 Bears Roebuck». 9

Timken ‘I _

United Corp. asst wei-nei-lnl-oa . can oilieitentsori m; ‘IAQWI ....i............. 03's

‘North American ........ Vanadium Sibel .............. Reynolds ‘lpbacco United Gas Imp. amid on oi central-nu ltetional can.

\

' acetate-me Public Betvioa ocldnaet sell.

Gained ~. i

to Jvear bathing suit ‘ bu

. l.

’ “SoSIIlinnyShaIlIieli inBalhingSiliL- 15 lbs.”

"Gained l5 LN. tak- n lroniagd Yeast. as always‘ ashamed

now =-I can and I doc ieel too skinny." —Eu_leh Lanningham.

‘thousands write oi’ 5 to 15 lbs. gained in 3 weeks with glroniud Yeast. Bony limbs round out. Ugly hollows nil in. Hallow akin gets new, healthy color like magic. Nervous- neaa, in , constipation dic- appear overnight. Sound sleep. New health and pep from very first day.

Two great topics in one - special weight-building Malt Yeast and strengthening Iron. Pleasant little tablets. Far stronger than unmodi- catcd yeast. Results in ‘.1. time.

So qlilt being ashamed of "skinni- neaa." sallow skin. Get Ironlzed Yeast irom druggist today. Feel great tomorrow. Money back from manufacturer if not delighted with quick results.

e-emwou-oeooo-eooo-ooooo» Try the afternoon or evening Violin

Course. Correct instruction given to

all students.

NEW YORK CONSERVATORY 0F

- MUSIC 101 Queen St. C‘arlottetown. P. E. l. Phone 1054-13. oo-onoqe-

Central iiuilrllicn

_ ACKNOWLEDGEMENT-Tim Dis-

donian club for a donation oi $15.

ln Rosary Hall Thursday evening. Feb. 13th, auspices C.4W. L. Re- frcshments. - isn't-m

nous MADE canny itlld house- hold tableat Zion Church Valentine Tea, Tlliursday, February 13th. i l660-2-11-2i.

Thursday. February 13th. Chicken salad and other good things. ' * l630-2-1l-2i, ROBIN IIOOD Rapid China Oats. Better Oats. Better China. 1624-2-10-121.

ROBIN HOOD FLOUR.

milled only from selected wheat. ‘ . l624-2-l0-l2i.

ABEGWBIT HOCKEY SPECIAL leaves Charlottetown Tuesday. Ebb- ruary 11th, at 5 p. m. Return fare 01.70. 1634-2-10-31

RADIO BROADCAST-Rev. Elven MacDugall, 2B. D., will broadcast an address from C. F. C. Y. Charlotte- town on Thursday 13th at 7.30 p. m. STORE CLOSED ior business. We would ask all those who owe us book accounts to make payments at once at the old stand. Paton's Ltd. 1694-2-12-21

ANGLICAN SERVICES-Jim the parish of New London on the 16th inst" will be as tollowsz-Burllngton, i030 a. m. with Holy Communion; French River, 2.30 p. m.; Kenslng- tom/l p. m.; Sunday School, 2 p. m.

SALE 0F S. S. IIARLAND-Aiv the annual meeting of the shareholders of the Charlottetown S. S. co. Ltd. held yesterday afternoon in Board of 'I‘r1'lde Rooms, the meeting was adjourned until Tuesday, 11th March next, and the Directors of the said Company were instructed in the need to advertlze for the sale oi S. S. "Harland" by tender.

CHURCH OF SCOTLAND—Rev.

day, February 14th at Summerside at 7.30 and Sabbath loth at Cape

. Tmvr'"~ -' ‘l p. mfand if the trav-

ellin,» ~ "c. at I ble at 8.- 80 r " a "wndrly 17th at Argyle Shore ..‘. 7 p. :11. PERSONALS \ ,

The many friends of Mr. Stanley

ed to learn that his condition is ia- vourable after undergoing an opcra tion in the P. E. i. Hospital.

Mrs. W. J. Monaghan has retur: ed to her home in Halifax, accorr penicd by her brother tester Can: axon.

"The many friends oi Miss Dori

t Abbott, oi Olen Valley, P. m. 1., wIl , IMIMTY to learn that she is conlln lo her home with scarlet fever, while on duty as a pupil nuéeeii; the Jersey City Hospital.

hei- rpeedy icoovery.

Za-a

an ior

~n

to learn ahe hirepldly recover

‘she reoeatw "underwent amino-sou. ". ' ,

pensary wishes to thank the Cale- ;

DON'T MISS the Valentine Bridge i

ZION CHURCH VALENTINE TEA v

Ewen MacDougall will preach Fri-'

Foster, Dunstaffnage, will be pleas-,

The than! irlenda of liibbcr! ltewelt or madam. will be pica-all

uitroiilaeerimlaovvrition which were

ta

e .

Mrs? Penzle Milton,‘ was a visitor to the city yeeterday. /

Miss Mina L. Ling, secretary to Messrs. McLure and MacKinnon, has returned to Charlottetown after spending the past week very pleas- antly at her home in Brackley Beach.

KENSINGTON nlon soiiooi.

January Honour Roll, ‘Kenslngtcn High School. '

Principal's Department.

Grade X. Senion-l. Gladys Mac- Nelll; 2. Myrtle Hughes; 3. Jennie Clark; 4. Jean MacKenzle.

Grade x. JIIHIOI‘.—I. Marlon Berni ard; 2. Anna Heggarty; 3. Marie Mlliman; 4. Prank Brown.

Vice-Principal's Department.

Grade IX.—1. Dorothy Howard; 2. Billy Maclican; 3. Linda. Hardy and Elma Douglas; t. Gertrude Gillls.

Grade VIIL-l. Doris Higgins; 2. James Higgins; 3. Evelyn MucNcill; 4. Norman Hcgg and Evelyn Mac- Lure.

Miss Proiltte Department.

Of Interest

Established 1910

Exercise v ~ (QRightsﬂ

of subscription to

Maritime‘ El

e _ .

TF/‘D .

Associated Gas and Electric Company ‘$8 Interest'Bea1-*ing Allotment Certiﬁcates

I20, 000 New Investors were added to Asso- ‘ciated Gas and Electric Company security lists during 1929. $53,000,000 of Associated securi- ties were subscribed for through the Associated Customer Ownership Department during last year. ' Full value of the “ '

r

INCORPORATED OIIICB of

Charlottetown.

Grade VlL-l. Gracc Sample; 2. Harold MacFarlane; 3. Everett Hughes; 4. Rose Hickey.

aclc VI.—1. Marjorie Kennedy; 2. can Mlllman; 3. Albeit ‘Thomp- son; 4. Gertrude Cameron.

Miss Rudy's Department.

Grade V.-1. Erma Hughes; 2. Aclclc Brown and l-‘ocli McKcnna; 3. Rosczita McKenna; t. Elmer Moose.

Grade IV.—-1. Doris Saunders; 2. Willa Caseley; 3. Doris Kennedy; t. Leonard Watson.

Miss Higgins Department.

Grade IIL-i. Baden Champion; 2. David German; 3. Elmer Cham- pion; 4. Mary McKcnna.

Grade Ii. A.-l.>Pc-rcy Folland; 2. Robert Bowen; 3. Boyd Bcaristo; 4. Eric Jardinc. \

Grade II. B.—1. Joe Arsenault; 2. Bob Essery; 3. Morris Clark; 4. lacs- lie Cameron.

Miss Thompson's Department.

Grade l. A.-1. Vlendcll Profitt; 2

Hollis Cameron.

Grade I. B.-1. Reta Champion; 2. Leo McKeiinn; 3. Lovrcll Clark; t. Clare Champion and Mildred Mac-

Farlane.

llirgriy on the solidity oi its foundations.

to

Utility Bond Buyers

'l‘iic security oi an investment structure as wcll as oi a. building of steel and atone depeull And basic strength in investment accounts le beat assured by securities that meet the highest standards oi safety-namely, high grade bonds. Below are listed a few public utility issues which bear our strongest recommenda- tion as suitable foundation securities.

‘Bcauharnols Power Corp. 6's 1959 .............................-....... 100.00‘ 0.00 y, (With Stock Bonus and Delivery warrants) ‘Manitoba Polar Company ﬁle's 1951 ........................-.-....... 190-90 l" ‘Nurthweste .. Power Company 6's 19M ................................ 90.00 0.15 (Convertible: i v

‘New llraliawtck Power (‘ompainy 5's I931 .............................. 5Q

‘Winnipeg Electric Company the i954 . . . . ....... l."

Southern (‘anada Power 5's 1955 . . . . ................................... 09.00; Ill

‘Payable in New York and Canada. ' ‘ J

Eastern Securities Company -

Ll M l T E D ' "t w. a. v. ounaaa. clay-arse. . contort-crown at some ' irrhaa

IONCTOR

hts" for subscription to the $8 Interest Bearing Allotment Certiﬁcates at) $120 can be realized by exercising them. The privilege of exchanging the Allotment Certiﬁ- " cates after July 1, 1930 for stock and purchase rights or convertibleidebentures appeals strongly to farsighted investors. I ' ., The securities called for under the exchange are selling in the current market at more than $120. They yield 7% in cash and stock dividends. Subscription to the Allotment Certiﬁcates may be made by monthly payments of $10 after an initial $10 payment. Ask any employee.

Anna Caseleyf 3. Glen Clark; 4.

.2

i

i". ... i i’ e ‘r I i ll a n ll a i a. ll a w I I a I .11 I ea 1a i: is a l7 a a o s. 1 u a .1 y a vs n

Associated Gas and Electric Securities Company, ~

ectric . C ompany, Ltd.

P; E.

Grade I. C.—l. Francis 30117;: Eric Duvar; 8. George Graham; t. James Bridges and Elwood Cleri. ‘l.

Prohibition Commission Chairman, Mr. GIUBOI L IIOWR t0. l‘. l.‘ I.

Bead all inlormatlon regarding la- fractlons ol Prohibition Act to the above ‘ ‘

0r To Chief actor ll. J. Haywood i5 B... he: r Street. Chariettetowll.

Phone 700

KUOOOOO-GOOO-OGO-OOOQQ-Of

POTATOES i AND TURNIPS

--_

We will be buying every day at our warehouse Hogan's Wharf. Highest prices for good stock. -

J. LESTER DOUGLAS Charlottetown. l’. E. Island

‘Phones 798 and 938 '- REVIEW-(TAKE mi

IO-OOOOOOOOOODOOOOOOQQ-O&OU

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