_ TUESDAY'

ANNUAL REPORT 1924-25 Provincial Bank of Canada

TOTAL ASSETS AS OF NOVEMBER 30 1925-OVER FORTY FIVE MILLIONS OF ~ ' --

DoLLARs_BElNG AN Reg Fqgélitlég FIVE MILLIONS oN ‘mf

capitol Authorized: $5,000,000.0o ' 7 7 7 e

cepltelreiel-up and surplus $4,500,000.00 (user November the 3001, 1025> *"°" “‘" ”""“"" “W” “°'°"°"*""' °"‘ "° “"" “‘

-Page 3 is available. tf_ the Western Guardian-Office. Wa-

BANK- '_ _onemu -_ , ter Streofu Bnmmerside, for only

'HIE PIOVINCIAL 0 HEAD olrlfl- -GUARDIAN ON ALE t th fift Gull with I I

"WF" 4”” 1”" °°°°m" ' _ _ CE Guardiairs western o?fic`s iii thi: subzcsiption. new M “Mwst

. ss on havanllhse lllh, 1915 TANCREDE BlEl\Vii.Nli, General _\illnager. N m "dl 1

_ CREDIT C. A. ROY. Assistant General Manager. L. F. Pi-Ill.lE, Assistant General Manager Mc 6 Bu ng" "summers de -I A ‘ `

wi J- A- TURCOT. Secretary. -J,"s. sr. Axplli-1 noting chief lpopewr' every 1181- t \- "'-FUNERAL ‘WEDNESDAY -

Hillsalacg althéirodit of Profit sad Loss account, Novembe; 2273822 oN! Hownnlu AND _""R';rY THREE BBNWHE ' D F- The- funeral of the inte Archibald

- -------- » - _ _ - _ _ - r _ _-Aui.. Ano svn: and Andrews or nretlslnsue will he

- t u N he doth, 1 ls 'rlln Pllo nc _ -_ - » _ - lrailtiierilx-edt\rtll‘i;°:lhai:'e; runasgxe-Int. Interest dug? " EB 13:1N2i:u;aElfi\':l:lTAT§2f\:l¥`v mw`s“ 'CK 'nu H°“°°w"°'° camndars ha.” been hyd' "mn his 1”” residence °"

depositors, rebate ou current dlseounts ($79,501.35) und _ received at the Guardians West- Wednesday 10th, last at 1 o‘clock.

provision :nr losses and doubtful debts ._ .... 407,258.91 RE_li‘g_l:_'5‘Asli7;!___i\‘;{_’l_;_1;§l_§ 3_1; 'run no/lim or nlnscrons ar 'run oENs:|ulr. ern Office, McNeill Building. Sum-

' - 'rllr¢_sll.\nlmor.nrcils_u1sLn os 'run 'rllmn mei-side, These calendars will he _.guAgg|AaN gp-|r|¢g_ _ The

` ' "°'°"'" DAY or FEBRUARY' °'\.{.°w§L'.i.’¥s’};D NNE "vxmmn AN” given to those subscribing or re 0usrdlan’s Western Office is now

Summerside Business College worth $50,000 00 to YOU

Mail Courses Guaranteed. -I Poasoa. Prln

‘ Please ay i To-day

Apprqbation accounts, which are op..

erated entirely as a matter of service amd convenience to ouiycllstomers,-_pre due and payable when‘rendere'd;- 1 _ __ _ oi _ ‘ If you chance to_"ii’ii.ve'.Jarl_u'T_ip§fId'§;'o

on your file,, will you 'incite its phi “pay it t-od~ay”. ~ < _

All such balances, standing on our re-

5?# ;

appropriated as follows: Quarterly dividend st the rate of 0% per annum on paid

up capital ss follows: .

Paid March 2. 1925 l’llld Junel, . ....07,fi00.00 l'aid September 1, 1025 _ 07,500.00 i‘uyilbio December 1, 1025 . 87,500.00

.' -s i '

.. Dlznls Gentleiusn:- ' _ _newlng their subscription to the located in the McNeill Building _

I" ”°"f°_"”"Y with the Fuuk MI- we submit to you to-‘luv our General state- Guardian. Water- Bt., Summel-side. where '

lnellt null lruiit alld Loss Account for the year 102~i~25, ended on tile 30th uf-

hoieluber lust This is the 25th stutcllicllt nc n

subscriptions. news or advertising

' - l li r l l r h _ I _

-I Ill former Annual Stntclncllts, wc rcfcrsell gottlige iiiifliyiirglilia) iriiifleliiizieliimt the *THE SOCIAL VRAMATIC CIUI) wi" bo ”°°".d’ The Umm” num'

\\_'orl_d crisis on business gelicrnily, due to the happellillgs in Europe since the oi' Burden will pl'0sBlli their four- bm' I5 333* " 1 ::_:i__i__:_ 35; cl;owuplea_:ell {o _stole that tlho llgricllitllrui situation, the ecouoluic pct Cgmedy drama smjtled I-Love _-3-_-\Qg°,.;_7_

cords for more than three months, will he, after February 15ft'h, collected through

\»~

lm . li' ti 1' t tl i l _ _

_.__._. that oolllmerciul al1¢Iintl1|ilist,l'Li`il'il lgiislgitgssliliucoliiiftfqiixeiicouiiazgfgaetbrestbgriglii.“nd Trmibles In Plum valley" in Bur'

S 210,000.00 Provided that taxes be not iilcrodsl-d. thlit on the contrary an effort be ulaliu den Unlml H311' TUBBIIHSG FBIY- '9i»h» '

1uunlnlor_i government tnxen on Bunk note circulation and 5000000 _to r__e-_lueo ;heui,_el_i_l:tths¢ ln ¢.;_ture the lu_uupr-o or nudge; be “soured P, me dp... (This play ls being staged for the

Prov s on or ncome tax _ . als ng 0 etpen tires, \\'it u view 0 meeting the lower rate oi interest on \,V0m9n’5 |n5t|t_|;[3 whg are very l_| W Munoocx Mont! A itioifllfth tfitallti d in- -liti i td, 'hi~hi|..|| | ' " ' ' f' gn( uuileilxlcoliif Kiley: hi',anch.;~scKild0wrllii!ell Eff qfilflik lgieem- :-tIEii1‘Iell'I.Ily!'mio|:Il?f`iltul";e. L B "Gum ng y fe U since Home yours' we may louk gene¥_°uelY hd°?au“8_ T9 D;0¢9ed5 FBCBIVGII 1920 0816110!!! IM' Gllli*

The Federal Board of Statistics give ii preliminary estiulata of the total value to t 9 5° 0° ' Th 5 9 9 3nE'uI3 did!! l"9BdBl'l relwwillg 01' lliblllriir

ises," "Other Kelli Estate" and "Furniture and Fix-

tures" set-uunts .... s-l,o:il.02 of tho principal harvests or 1025 throughout canada, uvul ueeording to gr..-lrwzood play which will entertain you lug, Also D|¢g|0M|»ge,_ Renew

_ -___ stotetncllt, the vlgue amounted to $1,112.1i01.lll0. as coulpured with S00ii.235,000 for from start t0 iinish, and Rs the gt once gud Sgt (me tf

-r r r- . , . _ _ '

401,534.0. ur.:_wiliiiir_§l:lé§2o?00ui_l;)£r...8__.;\_;a___yulkgat lluure, your Bunk carries on busiiluui Cpuge ig 3 worthy one, all should a

MOORE 6 I"I“LEC

LIIO'i`ED`

Q . o, ' Brunswick and l‘rillee Edward Isl l l. - ‘ Y - v E

Balance of Profit and Loss carried forward 25,463.23 l;ll_d the total value of the principal hiir_vcsts in etch of these provlnceg_ lg Tp. gngeazigll' I0 M-t9:_‘I~d_AdmI53I°n» 3° ..’°MONTAGUE WOME.N'S IN-

-ii- o ' 1 `. ' - ' ‘ ' `

o ue Quebec, si4a_a4i- ooo onto.-lo x'.~lu,ii01.o0o New urunswi lr ulissoooo rl cents. ii es with pier- STITUTE e ,h vi

429,991.5 Prince Edward Island $15 87-1,000 and ill es t l thisl st E in li 1 ar A ng B' supper and

~ 3 . . ' _ ' ' ' ` ,' » ` ll"f _ If a ove stormy, dat viii‘ _- _-` '

RESERYE FUND: _ the industry of fox-raising illiloulitilig to 'S22-li(l<I:%.0and this du‘i):y,vindLl`ls€i-§',nIli~ bgezublighed 15;;-_ _ 75g2?2.`5.3| g:Zua;.;;rf|:?, Olggigllowgorlall' Mon e I

. cluding eggs, at 82,382,000. tllc total comes to $21,300,000. V- (_ _YI - _ me _ and

Balance nt clcdit, Nuwlulicr iiulll. 192.7 . . . ... 1..`»ll0.00tl.00 As to commerce ln ellorlll. Feds-rlll Statistics establish that. the total (‘llu- _ spell a soc a even ll _ .Mus c b

-»---_ niliilll commerce during gnc nine lust lliolltlis up to the end of December, was '-GNOWSHOEING.-ISDOW shoe- the new 0rcheBh,a_ g7607_9_3_ y‘

s1,'12|i,000_000, being $200,000,000 more than during the nine corresponding lnonllni lug seems to be the accepted mode T .rl S _ i

General Statement ol ills Bank un November the Mill, limi of the preceding period. llixports sllowcil il higher lllcreusv, ns follows: illltionill or travelling _ in Summerslde just ~ ues., lllr., a

products exported amountllliz lo $l.li.'l1l_ii00_0liii_ giving' an ilu-reuse of llcurly $202.-_ b '_ I _ I _*t°>""`*“ _

Llaslnlrlzs 000,000. our imports amounted to $085,000,000, showing an inernuse of s0a_o0o_000_ 'WW 0 I1 0F ‘P ¢“B“1‘° “Hd bill* “°S°~| ..°hlr_ George Poole or Lower;

rieponlts not bearing interest iL=:5:i,D0s.3a l<‘iuully the exports of toi-clan up-rl-iuludlse uinouuted to the sum of $0.:l-10.000. ¢.\ien and women use them going to_y|0ma_gue has undergone 8 Bun; Deposits bearing interest including interest accrued to d le of state- this b i bo t th 1 ii _ din

a e us a u e same ur or ir lirrcr li your. business nd man ieas -r ities

iusnt . 20,ll5li.il89.2il As in our last report. we rvsrrl-l to liuvu to stutc this year that all classes or are heldab ou: p andu slgamlk cessml Gpemtmn In me M°“trQ“l

illllance due to ilomilliou uoverlllncnt 2l30,7:l5.li7 the Population have assuulcll cxpclisivu social obligations in recent yearn, and h y y 5 i ‘ General HDSDWII l1CC0l`lI_iYlS to a' Balances due to Provincial Governments 212,731.9; lllifortunallsly, a general rctul-ll lo forlner habits of economy has lint shnwu T 9 UHXIITB HTG H0 IIISII Bl the U0* wire received by his wiie. Mr. Balances due to Blulis und Banklnz Correspondents ln the United itself. although a elulnge in this rospr-ct ls. in our opinion, uhuolutely ueeossul-y. thern end of Central Street that one pr,<,|e'B many friend, wlsh mm ,_

Kingdom and Foreign Countries 8_£flS_93 In a:'de_r that husiness_ bf rt-stori-ll lohil llorluitl ctiéiditioll. _ M G ‘I B -can Mmost look right over the top very speedy recovery

-_A 0 B “DW 011|' lil( 4 lliy ill |)ll)' (IIIIIIKD 0 9 Ill@I.l'|0\'y 0 f. . I . 021' ' '

_ |su,liM_p|o_20 \'ori.1l, who died on the 2(it.h of .luly lust. Mr. Bosworth whilst in London, lllliiz- of 'he new experimental fox “mmf”

Notes of the Bank in slrcullltlun :i.03u_34s.lio land, was attacked by severe illness which proved tntal. His premature deuth There is not a pair oi’ snoivshoes) _*"-

ilncisimed dividends 3,430.10 has deprived the Bunk of devoted scrviceil. lie wus n Director since 1007. You left in summer-5|de sw;-es so husk H P t ct'

Quarterly dividend, payable December the lst, 1925 a1_500_0o will no doubt joint in the sincere regret caused by his loss. ‘ img been the “|95 B

0 ~ ‘ -_*__ To fill the vacancy on your Board ol' D_=.rector_l;,_ ie huva nsmedllhll-_._ A_l- '

Total bligations to the Public ..................$-|o_50¢,124_39 pnonse Racine. President of the illlportllllt rm “ rl ollse ncue, rn elf

Capital Stock paid in ...._ . 2i_000,|)00_00 of this city. and one of the principal shareliolders of this Bank. You will no douill -TALE OF A STRAW HAT.- in-_.err-e l»~_\..;_u i..-.oo_ooo_ou ai>nii»;ve_ertill»§i_olee__ __ __- __ _ _ _ _ D______ ___ Digging for treasure in Kius Tulr

il liucc o ro tsnd oss cllrred forward .. '>'_.|u3_23 avlllz consleret t use mn ers o genera ll on-s. y0\li' oi's_ " . _ `

_ __'a ._ happy td report that the Brlnk`s liunllicss for the period oiuliiig the 30th of l\pv- _azlgfs 126833' i‘§_i§_ef°_i_`a;_2 gnergggzls INTERPROVINCIAL TRADE IN

_ 5;s_p91_5g-7_3; culhcr last, shows results altogether i‘n\'orilbll-_ __ D CANADA DURING ITS FIRST

Liubllitlrl |19* Il\¢lud¢<l ID flu* fu\'0s0ius' . i-_»g_ooo_50 These msults llppeur lu the nccount or “Profit null Loss, after deduction compared to- the energy and excite- TEN YEARS-1879-1888. EX-

_ wi_a1a,noe.1s Of ull Cum Bud Dfuvlrluu for Cilrfuuf 1'lrI“- "H I* “Pi i*"°“¢ °f *4°7~253~ A“""‘" lneiit or one individual in summer- 'rRA¢1' FRQM gupqgf

BREAKFAST on time,

at: school on time.

Porridgeof Robin Hood Rapid Oats is a fine-ilavored, perfect food. Cooked lnd‘

‘ served inlets

than 5 min-

- utes.

Adnaes sddhln-

al recipes will every package.

- ...... :.i".i.'.*‘.‘;.i."'f'.,?.‘;i‘.:.l'°:‘._‘:‘.z‘;' .‘:,'.‘:.‘l"'...::;2.u".'.'.','.l v..':.'. “.:i°".‘.‘.‘:.'l,.i;’.t.l‘: '1.'::::’-ue 0- s-»--no -----1--e.1..=»-e

Gold und Silver coin current . . . . . . . . _. . . ... . . .. .... . . .... . .S 154 282.913 mimi'-iliininl' I1 Dumb" Ur “ew I‘"""'h""' ‘““d uhm' I" mi' ""“"°n°n °” ‘mr "ml cmlrse ml his snow shovemng this D illio 0 _ ..

om n overllulelit Notes ._ . . 17\|7:21g50 estate ulid furniture: rl sllnilllr rc-dllctloli liv the slllll of $75,302. was nidllo Satellite came upon a much brown. ANcE_

SPEECH OF SIR CHARLES TUPPER, -BT.. MINISTER FIN-_

ikposlt in the ci.-ntrsl Gold at-serves _ I '100.000fo0 lull rear fur the Hume purpose. and ur r0u`arc~ aware. this lirucllrc is 11 ruluied and,bam3red straw hat which he .votes or other Banks ._ ...... ..... _ 025,080.00 followed by the Bunk since its fuuiidutieu- M iluulit- you “Ill ulmruve of i_:\|u was sure was me emplo 6" as he (HIS1-omcus) 1 liulted suites and other foreign currencies -lsooooi procedure. nlthuush it lr rliruruur- The rrlrulur illviflrut uf 0% pr-r annum ull Y vile-ques on other Bsnlls . . _ . . . . . . _ _ . ;:'_il515pi:1;; been paid to the Shareholders. believed his boss would no more Beblillniirlg Ht page 16 liulilnces due by other Banks ill Canada ;_»_15g_M0_8" We think it llscful llnll___e___vcll ;le;`es;lnr_i_ to po::lt_o_ut ti; 3\';i_:l___tl;;‘i_t__tl;eo_t_i»_t_i:l part with it than a smoker would of sh. Charles. Budget liiliullces due by Banils llud Banking Correspondents 1 ewher gimp amount of taxes lla ii I0 1 “ffm °‘l‘\'u , l'0' if fl Ill" -_ ` I ` ' . 3 each d nv T d n 2 th in Canada ;i,42_31g_13 ments. in the course of olir list-ill year. llmoulltcll to tlio rt-latin-ly inrge sum or 3- Well 00101911 m€€|T5cI'UlllIl1~ IHS D 9 e 9 0 7

_-___ socoss-12, inet is. over :soon u mouth. - (the employee) smiled to shovel APY" 1888- W0 “fe eudeavuflus 10

3 M-,g_¢,,0_5,, The Departnlent of (‘onuuerl~inl Lnnns is nlwnys luout ourl-fully examined hy and shovel and with _,ash shovepshow the immense increase of lin- provincial trllde, llolwithstunding is another damning svide-nee of tile

- . » _ l l' _ _ _ -

U"""“‘°" ""4 P’°VI“"ilI °°""“'11€'”f 5¢¢\1"iii0l l10¢ elceedius ""2 Eiecllive "ff|<'€\”H “"0 BDHNI af R\\;¢_':‘_§_°'_;‘_;__:‘_"‘_l_f“*:__l__f_"‘_‘:_l;:‘___§‘__“':_;‘:____=_]f___f';`_‘_: ful his excnemem mc,-eased and he terprovilicial Trade, during the the vigolous aunt it sllould have existence of cl'eca n me

_ _ -. r ahh l n _ <i_ , - _ YISh° '"5"'

lnliglliaizilnhlliiiixalui's'ec'url'tles'und'sritisilz"iforeignunndncoioniul mm'78"`7': cl?ifpl~ttr\\l‘il<~e ng an liiitiiisgliliinnty or the value of tlie_Hnlii;_;Hi_»\sl-t:__ ____` excavated piactically all the snow\§_l_‘;i __l_l_ec:l_;i_e0piel:_a\:'_l;l_cl1_n l_’_i_‘;1Bie;§i_:>_:1_ lr;l;l_i_<;.a__ ll Protiel-éioil had not beelrtries. It ls easy to locate the

public gwm-me, other (-mm,|mn_ not exceedlllg market value -|_M_5_9n._!_.m I)¢\|\;tf\ll cllllllls have been co\'crc_<l hy ll reserlo cullnidurirl till i int _\ l. for 3, g-|-egg distance before he tired__t_ dl K y Dil1‘e D\\/ll t0 the vam- ('B.\.lse; it IS iihrlisi Ill eVel‘yI10l‘I}'s

ltllilway and other Bonds. Delientul-cs and Stocks, not exceeding Sh”°h°Id2l'B' |iullitors_ as their certificate allo\\H. Still- In tl. milull perturbed 'frame of ry' Nea ess to any our space is ‘smug point Since 1896- mere nitemioll bi’ facts- It I5 heard III

market vnlue .... :,327,ni.'.s0 Acrurdlull 1° the "ew Bunk Mi- "W l"S\“‘“*°f ‘*°“""“ "l‘\""“"“‘ “»" "W mind he entered his place nf emdlmited and our- quotations can

__ _ . _ would he nhllt ll _‘li -

will and Short (not gxgeodipg 30 days) pun, |n Cm-,M3 an pondg, Government made his annual visit to ours. ns to the other Banks, null axa_luiueli__ harm be called a Bk _ t th l` gl 01" 0\l 001( DOW i 8 bllrlliil Ind tltioli oi

- ' < he trade oi the rovlncial T d

|,1. - | _ _ _ _ _ _ _ _ _ _ . 'rh totnl ussets of the sunk on the :u\t.u_or hovelnlier lust rpuoulitod to in when he saw his employer hue and esp made by t p ra e crops up in, the useless to longer attemptto u e in ue to cover _ ,um cxieeding Fort,-.Five Million pollu_rs <s_-i.»..t}i_i_!i_?4$i_.8n_pd___o_r___tui:____nm::_iv§_____: heM__y_ _He found out afterwards country at the very outset and _stagnation in manufacturing ali.ceal the situation that has de

_ Grand Tow ’23_a”_8” 82 _"___, of ;2U_3,,_.,_pg_-t _,_.,,_,;L.rents liquid upsets, u___:\___i r ‘__ _;_ _ ____ ____ _ "___ that there was anmher _raw hat m likewise all along until we cameover the uountry_ papitztl is not ed under n Tariff lor Re

Loup; to (_‘,¢i¢g_ T0wng_ Mun|¢lp,n|me| md Bebo," '~ balances, and SR_5.>l.1..~i in (iovcrlllnullt srcu _ s. _ un po, s lo nut o l S under In luck st th th

s lsn the

Debentures and stocks and other securities of .1 waleleng mu-|,¢¢ the assets in detail. ployn-lent and almost collapsed _ Y B 6 011 Of ei Another proof or decline of inter- Maritime Provinces. ln fact it is

v vi l

_ _ ti l i lsii,li1i,s1o of loop.. puyniilo on ueensuu nun serurod oy gummemde very much "ke his ull i’ _HP H “B 110W greedily seeking investmentand our practically unocc

uiiitiimetiiiri-°Iit"ioli`né"£n}l"`diééoub`ts`"lu"`cA}iIéi"'.iiié: 1’m'°83'"5 §Y§§i`:°n§i° limisi Iiiift lr to io.,-_ or.-r ig-.U/__ _or un- .urn noe to tue pi-idle. -lo- m_____e,s and _ms _,___ the one which sruduully olwked on interprovur in manufactures. exeept in the flelu for osrryiug on lndustrie,

muklnz lull provision for ull had sud doubtful debts $15.0l1_olli.04 posits nud__rlrrunnioi\.__ulno;in§_li_;f__t__o__Z-:_1_;_.gi.i__:_; ______k _M ___w__y__ _“__ ___ -m________had been thrown wt upon the snow cial trade -under a tariff for rev- countries from which Cu-undo. now the employment of our own D

. I

imports so heavily what she ought and all other ell ble seekers

-». .ma

...F-.

chief see-ountuut. (signed) 'rANcmiiDlii BlsN\'sNU_

(Vice-President sud General ilanuger)

SIIABEIIOLDEB S' AUDITORS' CERTIFICATE

To the shareholders of

THE PROVINCIAL BANK Ol' CANADA

We have compared the above statement with the books and accounts of THE

l'l!(l\ l.\(‘lAI. RANK OF CANADA nlld with the certiiiod Brunch Returns, We llilvl- verilied the 'luvcstlllents and securities st the Head Oifice. We have obtained nil tho iniurlnntloll and explanations that we have required.

- ln ollr opinion. thc transul-tioiis ol the Bank which have como llnllcr our

llutivu huve liucn within the powers of the Bank and the shove statvllllzllt dis- rlosi-il the trui- l-onditioll of the Bank, after |irovidi.n|; for eventual lnssi-al, and ls ui. siiowll ily tho louahll 01'- the Brink.

(Signed) J. A. IARIIE, C. A.

of Lalluo sr Trudcl, Quebec

of Turinttc, Merrill & l'otvili, illontroni

_ilolitrl-ui, in-ui-llll»l~r llllh, 102.1.

'l'hc lliulliln-rs of the Board of Directors and of the Board of Comnliullloncrs-

lfclillors, we all llllillliiilously re-elected. _

At ll slliisrqlleill lilcetlng oi_’ the Directors, the following nificers were plc-clcd:

Fiounllrnlils- Sir Hnrllllslllls Laporte. P. C., President and Messrs, W. 1-`. Carsiey und 'l`nil1-rl-tic lJlon\'l-llll. Vice-Presidents.

At il int-cling of tho Commissioners-Censors held immedlrtiely flftl-r the

Dire(-tors` ilu-ollliu, the Hollournble N. Perodaoll, Lieutenant-Govorllor_ wus elected l’rf~sidl-nl. slid Honourable E. L. Patensude_ Vice-Presidenl for the cllsnillg yt-nr. _

BOARD of DIRECTORS i‘rosidl=ilt: llnilornliic Sir IIORMISDAS LAPORTE, P .C., President: "i.Bpol' in.

_ ,_ _ _ _

.. ._ _ i _ il- I tahll h thiit th securities. such ns

.\lllrtill Limitec ; i'r(-siderll Societe d'Administrililon (iorlernic" Vice- (_m|é`n!:|f)|;_s‘;;\;}%2:.?_mm:|?¢.TV§;:;||Ii-iripiltitmtjlscholil and othci' corlicrntlolpn sddcll

1'resilll~ut "Credit lfoncier Franco-Canadian." '

VI:-o-l‘rcsidc lr Mr. W. F. CAlti~lLEY. Montreal. i _ \-|_.c_|.,._,___|_|__:_'__ ML TANURHUE BmNv|EU_ D|_.e¢¢0r 1-Lake of "___ WMM rllics alld hy-laws as sufficient to lllclt tile possible llomllmlll by llepositors.

Milling ')o.": Director “Credit Foncier Franco~Csnndilin"; Local Trustee

“(ililirdIuli Assurance Co., l.tfl_" V _ -_ _

liollglrllliiie NE.\|ll'il~iE GARNEAU. M. I.. C., Quebec, pgumenn HL” premyanu du :trnto tllnt the Bank has been alnllnitell with seal lllld lirllliellne. \\i ure coll

_‘ana ll." _ `

_\lr. l~:_\lll.li-is limlis'l‘_ president ~°l.n_»gli-le seeoellelnln l.imitee"; _ltoiitrenllfuf the '"‘°i'|""°' "WY "“i"""" °“ “""“'°'“"° '

llnrhour Commissioner; President "1. cole des Hautes Etudes Comnlerclnios-

do Montreal ' I"

Mr. S. J._B. ii0I..1a?!\‘D. Preeld nt “llollsnd Pspsr Compsll I inii il Air. Ai.i'HON8E AEINE, President "Adolpllonee B-Icing giltiltotigg I

BOARD 0l` (70N'l‘l0I. FDB SAVING! DIPABTMEN1' I

T it is with much satisfaction that we beg to suliluit to _von lilo result of our

monthly work rlurinf the Inst fiscal year under thc iuulidillc you cullfcrrcd to _ ua ilt the lust Genera Meetins.

exam n n t ti-still il of their sliiislfactioli

For the lionr;II ul(

.1 . . 1.

(Sigue ) l'reside_nt_ “_ _“__ \__ 3| q ’l‘A\'CRE DE E ' ' it I, » ( gnc ) Vice-i'rvsiAiIelit ulld Gcllcrlll ltilldillgcr.

o the Shareholders.

We have regularly held olir monthly .\iectinzs. alld at cill-il of these. nil

ulel-isnry lloc`uments and vouchers were furnished to us

o the cllsh and moneys in Bank. on-coiioll at all times the sllln required by the

The rapid and conlitilnt llrogrl-_us of thc llurlk sillco its follndatiou ulld the

ory high proposition oi its liquid assets. collsidered of rosy reulisiliioll. ileuloll-

llil-etl that the present brilliant situation 1-onipcnslltcs tile follllllcrs of ills Biillk

in closing. we heir to nasocilile ourselves ill thc expression of tilu general'

Wc have. mort-ovcr, to record the recent death of our colleague. llonnllrsblh

'nui ’l‘ouri|¢lly_ rl shsreholiler of the Provincial Bunk of Coullriu since its organ-_I

Quebec . ' I‘\ ,

vire.l-resident: ilonoretile s. i.. PATBNAUDE. P. c., Director "L'allinnee Nui- runny. we src nlierkins fur vu" 1"' “l`" Bl for cum-ivrn.

lonsie": Director "I Universite do Montreal."

Honorable PAUL TOURIGNY. M. L.-C-. Meltlhdl' of the Provincial Alzrlcllltnrlll

Council; President "victoria Clothing Limited", Vlemrlsvil S, E QI

_ _ _ ‘ ' 3'! ______ ______._. ___ ..-____ .___-.___

_ _________ .__ _.___,.._-_.-.. _._

~ St, Lawrence Flour 42

SI/00k QIi0I.'»8iiI'OIIS lutrruet-l°ull PIN' 0°- 53 ls aziil pr tion ._ 02 35%. _

istsnusre oil of N. J. ._ ls ‘Hf,,,.,,f|“Smlff, Com sz oats-May -nv.; duly. 421.4.

iulhllrax rsh l-Quoutlons ‘Wit ~9vfl11dl°14 The 0°- ~- 20%. spanish River rreleired sim wheel-ivisy, img; July. 151%:

2.62 Spanish Rivsr-»Com. 107 Oct. 187% _

Mmm, _,_ _ , ~_,,,_,-9,1 gpm; .4ins0o.. . _. . . . 84% spanish nlver Pm. nm

3;---_-__-__-____ ____ _._ __ 1°:-_:iz 02:. §l,af:.f°":v1vr_f'f.lfff_r'1fr_;; 'url Took moo with

Aé_°|.|“°n an on nl* U|1IW\P.¢¢u°4R¥_-»-----»-~-~ 147'/ii Shawinisan __ 103 h* R- Atlslltis 28% fg;s'_g'1gI|:¢`f||;-’_*A,°ti§|°IC0- - Q57/i Laurentide Pulp 87% u d /un.s»\9ll'.-sn' 1ietiis.»oo,. 115% 8"' °‘“° '° _° 5? Canadian »steumen'p com

furnished 'emu and Weld. MMS 0”

Butte sad superior Min. co. 140 'mm WW’ 5”" 1°* Annum” 00”" Mlm m_ _ 0% .Brita _Illmplne steel, and

cf' rx' °l.“.*. ‘.i.““?.”:»°.~. 2"; '.i°'i"'.':":.‘.'..~“'-.*;‘.""“r.i..i'“:.ii'

r ' _ ‘ f G U Op OI III I0 I li Ill' ,

l'resldent. liollorohie l\. Pl0il.0DEAU, Lieutenant Governor for the Province ul l'j_iJ\;“_iél1';__§:‘_*"::_l;" "_" garb* _O ms _“muy _mr wry “m_______ _md wry nm "m_

canadian steumship Pm 0.'-i _ (emsgls. 1.45,.)

s ca 2% _l">¢__>_minlon_ Bridge . . . _ . .._ 937 Tokyo, Jun", |l~¢g,_ g__.1~hr,

m PM gm _______151 _ ntreal Power _ _ _ _._ 275/itunerel of the late Count ’l'. Kato. gm. “Q2 general .i>etro}_eul:__...... ._ sn.. mdonel Breweries sl former. oremler,wno,slell lsstweqsf' _ &Y_ mm mlm mm R_R_ B i°"ll__3°§l|' :”*°l_|_lll_ » -- 33% Can. Coils. Shelters _ _ . . _ .__ 219% tool pls" thi, mmf" ,lm gud. _

- “_ 1-lated sut:s£oo...... .f se:i¥"1'I'5tihy`m%; 'my' 152%; f.,'i,'¢°,‘_,gf'¢,“_\‘;;"”°_3f"_ ‘_'"’ '_’° "f’ - . ' ‘_ i i - ____ . _ _ ' ` _ 29-'ii (iorn--».Vl'nl'» ill; .lilly 81%; St-pt. ‘ _ _- __ ~_ __ __ _Q _,_» ul" _ M” ‘ 'I ___

rl- _ _ s fix "fy slow growth, if any, in inter- wa?" “_ .. -., X. _

I-‘pr the llonrd of Censure, _

(sigln-di ,N_ liilllolil-znlr,

i’rcilident.

“l`m:ll‘|lr:»"iliiiilliiI"‘st'iiiI";:Iwt'Ilc licillii Office null at the llrilnclicl-l ilils 00l\tiI\lI0t.I IW

devntcld service, for which we thank theui. You \viii_l;;>. tiillicll ::|_it_»ll___i;rL_lh_i»_i lllceiillg to ildopt u lloiioillllon io ilurcllilse of il i¢\fil\‘l'"\ I 0 "5“|'“ “- I V

thc kind culled "tirollp Inslirllllclr," u-ilh thc view or hi-ipilllr to c»il_il_l:|iu:\__i_l_ |_:l_»_i:_;_ hm fm. (,\.___.y _,MLW or ,.m|,ipyco wilo. liy local und pcrlllillll-llt llcrv 44, ill Jager-roll lt, wllvli ll<l\'ilil\-lllg nge or llillclls or otilvr ruilsu lllilkes it iillposiiibin

- - ' k. '

to kijtlirillivi-'l£slI‘i’;|\“:l)tfkllowlcillzv tho services rendered ui-l ill forllx-_r by ttlilf

- - '_ _ -h 1 ll- l. will lic proltoiltoii lo you ut t ii l H' iii-ii |-

(Slgnm) I" E' IIOTVIN. ff. A., I!::l|II|ts!Iifnl'I‘llsllIaI:i'i;rilllrl1ii< tile illltii- yuiir lwiilir <l\lP_f“\‘ "life ll_‘_‘_‘_':

' ' ' in their ciirc illld lo lilo cnllllili-lice which thi-y illiipiru ill tile- rioill illlll y. ll y

bcuqi!Ilty'I.l:|i!l‘i‘rli"r|ITiileklliiiiizii.nl (`l~nsurll illiikl-s llluillloll of till- very rw#-ill i'lt'lliI\ of lilclr collcilgue lilo liiillollmhic l'lllll ’i‘ollrIi!I\.V~ Th" regrvi" w"|"I\ "WY t-xpn-ss on their liolmll' un- ours un wt-il, and wltiluut. <lou|>l you Hhilrc lm tho livlllpnltly which they offer to thc i>i~reil\‘c<l flllllliy of their liucciiiieil l-uiit-ll|¢lli».

Then lcv n lin- onrl n _ enue until today there is 'nothing

16_205_-|2932 tain liquid assets nl ll vt-_ry lii;_;_ll lii>r;-t;_nl_i;__|.:_o_`:l_f__pixiizl:t_mm_;l_l° _t;ep3ll._l_sr:_\ll;__t_¢tvyli_l_1' Whici: uflt. I1l1dkCOBt the Bll;.tslI::_€ 8_hes_rd throughout the length and

llcss rebate of interest on both items 711,501.35 I‘“b"°- F"‘"“ "‘“' I‘“|"t M ‘ "“' U " ' _ I I _ _ nn,-lmorn "'35 War Bncw 5 Ove ng' breadth. of th la d 5 h

Bans: fécelvlilz deposits. ur they rlwulfl 'lu """"""“Y ““‘“Y ° ““"` . ithiniring that his employer had ful-|lts on our C ev ill syi.ittetll1eo(i:Ii:g

l1fL.l2ll.63'I.81 even “B ` ' f B k i vo thcrcfurl- llwrcnsell iw thc inlportaut-sllln len in the storm of Friday and had t 1 1' i ' ' ' -

Deposit with the Dominion Government t se r B k n t _ The t‘“_“I “"5"” ° 5'0"' "“ I" _ _ _ - i "_ _ _ - 0 BCI( 0! PB Kilt Bild DBSBBUBEYB

olreuiutlon ........... _ ls °f $4-573-‘W ilurluii the nrrloii uiuler reiieu, und the deposits _gf-lwru __\__ ~lul;___3 lain out all nishl- li is I1“\'dIY 3°'fe,ln our own territory. There was

. 16 ,800.00 1 \m\\y\ in the gelicrill stiltelnlllt. to I re I

Suu current Icons.-~-stimaird loss provided for -:02.204.'la th” l‘“b“"' "'°~~ ““‘““;‘i_f_°'§_ffY£__,"*:__f§_r mc/ ____ _“Mt yem_.s "K_m_“_ _“___ _“___ Wm now _to use that common _expres__-no such dismal Wam_n_g in mel lu-al Estate other than Bank premises 100,415.00 s3s‘5M'000' homk nn In eu l ilniiiil- increase SI'0n ‘how s your Old straw hai years We are dealing with Tma Blmk welmscs ‘"°l"‘""' h""""'° "nd “"'"°°' “° ""° '”°’° nm" remivnbhnihniéiihiptrngliiligi-Iltitliiiit-X'tile nuulr on the nttnelpueut or its shura- around where tlllis particular indl. is how trade and _“mc” forged'

cost, less am'unts written ff 1,731. _ ° “ ' _ - l

ulortrrgee on neil ueune .oi-i Sy rue sour ioo,iiiIi.§li ""“’°"° ""` ‘"""“°" °' "" ,'"“§}{‘_‘ }‘_‘;‘_§"‘¢"§g}__u;§_:'_c“~i§u_fn;1}m:_\;r__ufc::;_';§_»_;\f\l;}_§;§ vidual ls. nhesu. ss shown by slr charles other Anus not Included in me foregoing ' ` 302"m'w il;i:lmi¢'?iea’II]t(I;2sni§h€l'xecPiI‘tainlEc?;8ioI_;lrIio Bank is l-stll'biishcll.vullll wllcrc. no doubt, slleecil.

th excrc se ii rlvoruie ll lc c. _ - _

_ “"'”‘°-"*-" eyslnee your iset_rueetln.r_ epri»;__{giR§_f;l_o&i_r_;r Igrggimailhuyg u-=_»;{\)I_f;;>_;i5;\__;\__f_ _limi _luierprovlnelal Freight

_Compared with the books and found correct: For the Board or I)lr`éo-tors: QHICOUTIM‘lI.gg§`ig§IrEI:_l;;}| ‘iff {mN»1~|".;AI; M 'Nm 3538' n¢_L`_,\-lmlr.|- ,\“.,,“@_ <§» migueui J. ll. vllooun'l‘_ lslgneai H. Lsronrn, President. UTY OF OU ___ A._.___‘___ E,_,,_ _, 1878 1ss7

'.40iu til li _ ., _ ._

"naive ri1iir:oloso'fi"I‘he roilfvu-inf; nrnnenos. nnnllovsis. h. 11-: SPE- UISUI-1'~ _

Q“TilITIIrI`nrirs(‘§§0SgiiiilpliilP:I\l?lIIri\nchl\s to one hundred null tllirti'-iIl\‘\‘0 (I33_l

. i - _

in lille Proviliocll oi Quebec. Ontario, New lirllllsv\_i_cl¢ ull;l!_1__l;:l\:~_l:___l:l_<_l_;\i;;_d_ l__l;I=::)id

The Head Office ullll llli (llc iirilllcllcs hil_vc VA d___0__s ___________ ___ "_0m_

under review ily lllspcotnrs nnd competent o_ff cars, __o ll_________ _______L_- __ ______`____ lilisnce with the Bunk Act ut your Inst iuuillillr ilu"-_:HI _I ~u____r ______u“c"u_

iii tion I the llsiicts ililil iiilliilitif-li ol thi- lilln . an _ _

5 is i\\(“

ef LA

£2 _-

' , :.~`»

Wily _Suffer With itching Rasiles

When a warm bath with Cuticura Soap and applies- tion of Cnticura Ointment will aiford immediate relief and point to permanent skin health ` inmost cases when all' else falls.

soap: ues rr- sl mogul:-u ¥i”r1'=e-~'I..°"°:.`:~'i`§€'.-.r..'i~-...f”*f

` I

_i, ._ -’..-_ '_

. .pp _

iN rlioouni-: _

I I fit at can ed. hy the death of .\ir. (1. lli. Bosworth. Chairman of

lie' (i‘li‘lii1tlsIsn°Plic°i[II\c Stellliipliips. Limited, ullll Director of this Bank for nearly: wclliy years.

` _ ‘NU UID lllrol ef perfection, .likll nur eyes have s risks le

_ less sorvloe obtainable at s no ‘

_ uses ls today. QQ _lt new. _

E. E. PARKMAN A _ :swans elm ssolssssan

for assistance. lf we employ an Attorney, he.mnss he the lest; i l|_l Dlllsieillis in serious illness the question of nine does los 'Ihr into consideration. gow important -than that we ba equally careful to when we en- trust Sh# melt prqolols gf gg. lr»’l slits. our liysslsllt. '

0l\r lsellltiee for diagneslsg

ssl eerreetias eye trenblee, an llllflonedl we have every ls. etrlhenl devised by seleneg gg

‘lr sensual.

_The gels pleasures sosgngqy, i

illllilllilll Ill silence ef error, __ *hen _ls ae dssallrttlet eesases IPD. llhstles and the nsslsle '

insides-lin- sreusslsr ,_

state' eeet, yes had letter cell `

--'-~ "ml Ruined considerably under the

We not-lrslly tara so some one

Y P !

s stsndstil. There. has be h

-I-`l°u~r,' hiils 031.178 753,840 Grain. -bush. 331,170 1,016,334 Live Stock 46.498 80,782 Lumber, ft. 56,000,000 161,100,000 Manufact- _ ures, tons 140.858 820.000

522,710

Other articles 230.731 1,131,334 Total -i"reill'Iil. 523.716 040,141 ,Pal~iscllgers, No. 818,957 ` Sir Charles added. "As re- gards grains there were 490,454 bushels local freight in 1887 against 331.170 in 1878.

For the ten years from 1878 to

1886 the following quantities were carried west, by tile I. C. li.

Tons

1879 570 U80 10.246 1351 30.621) |332 35,080 1888 54.891 1884 112,898 1885 165,791 1886 175.512

_ __ gi

i0 be SUDDIYIHE from her own'homes in Canada. ' nlills. The exodus of Calladiifnsi

_.___-`.,.. ._

av., ‘

._-A' _/_f

For olne reason not'stated only

4-lllutioll. (

Despite the decline in shipbuild-

ing tho Iisilres for the years show that that industry held its own

"l’rotact.ivc policy as follows:

- Tonnage 1877~ 8.368.962 Before Protection 1878-11,040,661 " " 1979-42,086,633 “ " isso-1l,05.<l_oi:i -- '- IDBI-15.11s.7ss '° '- l8S2~14,791,06-4 " " 1883-15.653.566 " " iss-l-15,413,421 -- -~ _lass-15,044,421 ~ --

1896-16.3li8.274 " " 1-. issv-11,513,011-_ ~ ,- -- '

ll may he stated here that this

llnprecedented growth of Inter. provincial trade is not s fair cre~- terlon of what protection would have done with s fsir start. Up to i-he year im-the meets of the old colonial tariffs still had blight- ed lutervrovinelal trails. but the

_lnorllliaellat til*:_ barriers wane -removed n . _ n lee t e s it h the above fI;u.rss. re u The olwllents of protection try

to_discre t that fiscal system hy Dulntlug to the increased trade at present as compared with the per- iod of Protection we have quoted. Thi! Il Pure bunkum. Surely they woiiillnol elk to have there- qulrsmenis ot the eonntr ire t t

UPI 1 Ill?

:$110 swab buéryit wg are o

ID I UW ot t e d fi li

¥»»l‘~ 0°" hilvm hu' C `I

elizht years are given in this cal--_ Ll

.f _

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. t

/ii ff’

i \

\ _

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`\ f (.§

of-

navin ANn7col.lA'rl-l”,"Ns/vv vsnslon ~

-From _The Starr I-°"‘°”'

it/liven I

I P -Q

Proved safe by millions and -if ins foi

Colds Headache Neurltis I I ` \lll’\b*3_° Pain _ Neuralgia' '_ _'___ltlleum1iiI$l1\,

_-i--new I'-_ »~e.<- :_

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ar. it

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* "s" " ici ‘ ;,’-- ‘ _‘ri ` _ §§‘ig¢':Talr%“;%_g ` 1 _ s§h§='l0°»i\-llindl*

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