y sfiR/JA Yzsirocx AND BO 1) Quorzl Tf

,__ __

é gxgxsnsttxmr-znxgg-gg N Y I ’ Market. Reports "w °"' Morning Stock Let I A HALF c ENTURY or r l \Wall Street Mirror Saysz-j- \

' 5y 5TEWAR1 JONES o» 00.. (Ihcrlottetown l coywgpandents o! G-eenshielda & L'o.. Montreal (Fllvlnl lnurgllrflllzlliltllélil‘:fi“‘:";l::gNlfh Spam; to Jfhnsgon & ward

ErnlzvARY 4~ I”. - -__ I CY-INRKOTTETOWVNHCUARHQ? A I rrororvsw

I.-

17E -_¢—-- _-%-.

_ _ Alr RFD!‘ .. lmw. III-Y Ilrlg‘ IJi-':"— 1/ ‘ ' ._.5;.;§:Ics:r§:-:§~r~:§s.~.su-.§ 2W] .50.; l ,, l " '*' "' * é ' "‘ u - . - < - . - . . Gilli-Iii‘... - ‘ - lJuiI nlonot‘ l‘;- l'~"- I" ltfdldrlllll; llII- J"'.Ir \\ill not ln- dis ‘Qtfilml -- u‘ Tub!“ (“uq ' K“ATL “ [Rb , II,.....II. .., l lcfln , . .. W .»_ . l MONTREAL i‘|'"" will»: In...“ (HHIPIINO! lli llnuVtlll F“ . “m” ‘THE’ *'“““‘°“ -“"' . § ‘tumour . rl-I lII‘|‘t - ‘ I l. - . 1- _ ‘ _ _ _ L _ , ~ . u. n. l"; "m. l“ “u” “I n’ r “IIJIIIIMIILIHIIII Mimi?’ n .\I-.\\ Ytltllh, l'I-II l-r-Tlu- flnnnrhnl IlintrI-t III n1- umn It Ilnotletl nuth hrlr- . uI-nlu ... '4‘ "mm" ""'l""|i"ll |II I. . l-Itrnllnzu, it ls -'\"l l‘ lit II-h IIIIII. IIII- IlIIPlEN now KlP-lllf ttftllllltl n e hnd nun-h morn In-Ight nix 5§ o [Anuunn J" n \\‘il_\'§ wrv Illitil-IIII - - . .\Iu H Ito '- . ~ \ ' H. n‘ U. “I _ | '0 ‘m mm" H“ nmnthn Inn» lIl-cIIuv-I- lll‘\ lune to llo ulth I-ll I- rrnnrta- uhlrh are Ilnr Ill the \\ _ , 5,1 6' . . I m ‘on. _ L...‘ operating | m" Wuuuulv “m” IImIII-IIIIIII luturc. It houlll IIr fiiflll~lllll¢rfl| thnt the yearly |lIIt| quarterly otnte- _§ . 1.1; ..., l.” n ~ "m," t ljltltt-‘l. r nre the cuusr, not tlIr rItrt-t. u! the Ittrntl)’ clovllna In lhn _ ‘ 8 ~ I . I y r‘ “m” "I I vnllllill" “Jri t J n - nt vnurlirt lllt thni ‘it In Ibllllpl)‘ mnrklng time wult- Y J 99- . I I Z a A808 l I“, ,,_ ‘\,,_ l _ ' ' _ (PIHIIRI ll III- Iun IIIvI. (‘Illliftll- It II-III III. IIIIIIwII ;~\.

WW“. (‘It M _ ' H 19;‘ Imuih mmhl ‘m mu“ Hm" H" llmt tln- Inurllvt llflftv ll|l on tho mun; won-II Illltl thut IIt-tlvitg/ IIIrrI-uarb oII tho ,11 z§ ' gwyho‘?

ffl||j|ll I‘ "1 ifqxgr‘ ' ‘ III|\'III\"I‘H. Jmi tvhut In Itqing to humIt-n in bunlnt-nn httrr In tiIlI IIr-rluudevl. Pra- - ’ ’ _ ' ' u‘

Fnnullu Ion-yr M" -l -'- nu)" Fl:‘._\_\_(,|_“‘ (Olwflq _ IIIIrIIIIIIIIII III-II helm: IIIIIdr tor tlne expected ttfllhlllllll |II'|(IJII untl ltPTlflll ot tho hi: \\\

ltonllnloll lIr-Itlgos ,,, _ " '“ nItlfistn-III Drgillllitlfltllill urn on rec-urn] no prrtllt-IIII‘ IIuIIIneIm rxpnnalon In the I - _ sun‘

randy“ Fowl!‘ “ 1' Iiurilll: tho tut two or tl I-t-I- liriggn _, t‘! >~t IIIIII‘ _vI-IIr. NIgIII/I III |l,('l'lllI\\l|ll|l0ll In I-I-rtun Illrrctnum Inluo nro notctl. The 9 9 >' ' ' ‘

from (ll,li\‘llhln‘_vurl:u. It n mum “Mm I m.‘ rwmlrm “ z‘ I "m. A M u IIIIIYRPQ tor II _In- nitnlm III ow null: lmre of ollerlnuu. lmlrr the drrumntnnl-rvl. I To.“ Dwidmd‘

Grnelul ‘int ___ __ "m H] u! m" “I Hm‘ Hm M" WHIN K-lr | "m" m] _ iIlIIvI-It-r, lItIIllIIK hlllillll| utoy pretty flute to tho tllitlfd until nnmethlnlconc-rr-te f _T\ Pdicyhou

Home 0|] ._.. ... ... ... .. n,’ ‘Ihlnngwr ‘nmmlhhllml “Mal ‘Ii-HM ‘(v-IN I.“ “W.” ,7, I-rgurllltlg thr kA‘“|-'io‘, nutII III on nnnrurunve. I'm»! oIIrrI-Itlunn are noted III Ilev- ~_-\\ i Q . l0 II

Imp .'ll Oll ....‘ ... ... ... . 4 ,4 I ‘_ K flvmm" rmmprll “mull h-inl ‘ frf‘. D G M“ _ 5," vml IIIrI-vllIIIIII In lln- IItur-k Inurkrt but tire lwtlu- pooh: ore only concerned with 0 T lp.“

lmluttrlnl Alroln , ,__ __ mom," I‘; ‘rnmwdu I ‘ i “I 1' ‘. hwifh. | ilm lllltlllll‘ Ihklll‘! or those which nrc tu-llmg so low that IIIKIPNFITQ bidding up l§

lrltoruntionrll izuxflqiin ' ' " 1.I-.I_ lfln-uluhh: vfmn|w|n 12%|.‘ 'III:....IIUI;:. T: l I; m. Paw, | I '1“ IIIALVB IIIe lmunll to Itltrut-t attention. The Auburn crowd III Ittill mukln: the III-urn \ O 9 I» Poltflholdll

Intermtlnlllll c or ... . - 1 IIII llln l.‘ I "m! ‘In ilwrwllgv f if!‘ mm“ 0M0 I n,“ m” 4: I ,4 "ploy lhrousrh tlu- Ilow.” '1 h1- \\lll"lllllllltill nnmn cIIIlue in nlovinl ItII favorite u!‘ ’ iltlifi‘ Inf“? "‘I ' “n, suummx, “ s 81mm‘ fur hnu°wllkflglxl “In.” M“ “if, 17 '|_, ulni tloun no rznunli)‘ ihnt it Int» tho Ilrlvlnnitynul trutllng element-“whlhnuvul.

Ilontrclhlourr ... v1 MAL‘ FOP QB], “n.1,”; IIIIII. III-t t] D I'm-f, (‘n13 "‘ Thu npomoI-II III TIIIIIIIIIIIIII urn keeltiuz ‘the IItoI-k on HIIPII on even keel that Ithortn >

My," l-nmttnnc ... . ‘Nag mwsuml M l,‘ lmlirv H “up. H-l- _ III‘ (.0. nu,“ _ urn III-IIII; IIItI-IIoII-II II'.I I_\‘. Mom- Inul “I-Imter In one of tlIeIIII Ilmuen which in ex- V

Xfllhmnl n. I“ TI lune o! ore rInI-rI-I-Ifof lllllllllstlt-fulll ‘Illu- t‘ol ll l-Jlrl: """""|‘ l""""'|"" M H"; “QT; ItBIM-"llnx do“ u’ n‘ low "H" n‘ SHA’ - "o" lo" ~ i. '

Salon-l - “ ' , , ., ,_ _ _ , . ' I - _ orlivr Klltllllll II-_<~IIrrit-l n III (‘Tl’- - - - - - -

17mm“ Hrw.“ "' "' "' "' "' 111%..i1‘j,',‘,,,j.;llj.f;",,;;'_'1"-"','-~},'1";- A.‘ rue (('lllllfi (‘Gillan Rlontulutuvry Word In "'4'" hought on ull reuotlnltn.‘ ‘he years the his been In 313mg n h” d m

F"""“"I‘ ‘“"‘.,'.‘,':."‘ "‘ 3" ' 4' Ir...“ I,,,.H.,,H|HK lhis°_f:___l"'hl“"' lillllsulzlni" m," ...," xIIIIIIIIII Pout-r IIIIIl Light l! IIIII ¢\'|l0('l|‘tl to breuk so, tlll! IIIIII-II Ilttnlltl be 1nd bcncficlmcs over $53,000,000. It now holds for thcu ben t over $45,000,000.

Dom ll "l! - 4 "' ' ,_ , ,_, _ y‘ ‘ ~ ‘ ' _ g I . ' bought illl n-Intiulm. _ ' ' '

"mo"; Pltlyflrl . :_>‘\)I|l““¢l;::"l:] llfIll-hlIxtrlrlzg TYI:|III‘I‘III‘rll‘-“IIII:ILI “n31! ‘(.‘_'{".‘fl:';;’ ~ - .-I in lltttltllfll for higher prim, u nrren III-III. llltlllld l)! bought Th“: “mm” “lmbimd “ad b7 $5599.00‘) 91¢ 113°“!!! 159'“ {mm Whqlmldm-

» tfl . ~ - = -- . o I _ - Z-IHI-t". . '

iljflf?" (forpnruilon ijllmtho IE\lll’ll<l'llIlll;tl III ll-IIII. to the I'\‘II| {f}; fill?!" 1 ‘ Pr...“ ,,..,.|..,| ... MIDI" II... I“... o; h.“ whunuIny-s “m...” ,,..| u..." ‘m. The ncw_busmcss for the ycatwns _$26,856,811.. In the past ten your: the Com bu

[Iflre llros. ... ... .. ‘Hnilpvihgm 1.4: III-III IIo nt-IuIrnlvHI l" ‘mm’ p‘; 9,220.1 "|| g-yll Q -I volIInIn III-I-IIIIIIIII; III-gIIgIIIIII rrtuIo-Ii to :0 luriher- From thin Inn-l u lnlr recovery doubled It; ‘ssm-‘ncc m force’ "5 Income and n; Paymenu r0 hqholdat a .“cu

""0" "““"" III- tlfltxflllllllll‘: "mllcllml ‘Iflllnpllwurx t" 15m- I‘ In] ‘l Kill/Li‘ - flflvIoIII-II u. ...... m, un....“ u‘§l‘er""y high,“ yflmng I“... Ilevelopetl to wlll" during the same iod have increascd two and one-half timcs QRPNRIINIZI for smwhngm. 000000 m‘ fir] mm "tum: Insl‘ In! H - ' "I .{.,|‘| lln- nntrkot nni u! It» il-thctril)‘ mrhfilr, the Iltllrtuntionir QIIAIIIII nuccetrlrr. CV ‘loo of _ ‘

' " . ‘ ' ‘ ' I k I ’ ll 'r- . '|!I‘t‘ltt \' onrrn nnn on e tar n te ure e n; rt .

n: i. 't°|"""‘ """" 4 “’ 7' “h” -H l ‘I'll ‘Ill-artfulll-I-“Iufllllllltflllfllilul-IIIIII: bftlflll; llll lllc politlfltll lllltl IIuIIIIImI outlook, “y _ _ -

W] I: cIIIII m aerlvlljullit‘ fIHI-w fallow _j'l' "Minor-HI r» 1 34%| ' ‘)‘ m,“ u..." ,..,,,..-II....., l-ryxtnllnflt the ltrofllwfltl. lmlII |II‘0|Jtlll|_\‘ will (IETQIDp Inurkrl- o", 75% of n, ma; m mvesmd in mo-“pges, govcmmcm and 0d,“ bond‘ md “""“""" 1mm!“ ll0\\‘Il llllllll-rllllll! HIIlQILlII-‘lwl Eullllllllltcuil: P» ‘ who. Tllt‘ IIIIIrIu-I |lIl9t lllt‘! IIWIHIIIIIPB Olll II I-IIIIIyHIII-lu-rl-II lzzht-II-‘il 1111* lI-Itl" ‘fr? . preferred stocks The market value of its assets exceeds the book ulue by $578046-

. m. . ‘l f |,._'| _ A _ i _,_ ‘ Ilium-Is lmlnntrlnl IIrI-rlIIzI-n on ‘IlrI- ‘fltflllfi nun n l? pun r1 rm n; an; It. a _ . _ _ _ r NEW "m" u‘,j_r{l‘éjm_" Aavflfrl "t!;‘_','X‘“"‘H:: “fy""’l.t*ll'lhligo'lll'i uvtlon ..I IIII; Inurket lllll)‘ lu- III-Mn <1 I-I- i» Ho». low-l IIIruIII I." um... 0f WQQICFIIHII- n slgnlfioantfact In these days of deflated secunry values. of ore l‘t‘SL‘I'\'t‘)<. this I-IIlIIpnIIy Illu- otlI- , ' Th - d] c ' I - d - . . . ~ ' 1930 was 6147 H,“ 1,, mnphqn", “mun”: m ‘mpnh edntctat nte earn _ on e ompanyts Investments unng . II lllIIIB liHViIrtltI di. )\‘t‘l‘| -» I I fl I - I-acumli .e uaihn the Interest me earned In 1929. The total surplus earned in 1930

Mum Avlulu,“ _ lupin" Ofltilltltllt-p) thni \\‘ll|)||,;\ ‘tllgl‘i‘lr'flim|l‘“|l'll: a?‘ ‘1,9{8’ 54‘ 8

rnnw||,|.,“.d 1: I“ 1m1_ It" ‘than: btllllitliilrlltg uII to Inleqllnte ore 771k PTOVGd EXCC ent ‘ _ _ _ _ '

_'_'_'_'_'_' ‘ ' ‘+1 Year For The The _Comp;lny_ pad to pohcyholdcts In dlvldcndr dunng 1950 the sum of $1,198,418. lltlllllllltlll Stolen AcI-IvI-I nosn I-nlcrzs r 1f. . G t w t LT It wlll momma the same satisfactory sale of drvldcods during 1931.

Ilu-IIII- l'l>\\’(‘I' IIud Light conrom‘ I H _ + l. Stock xc ange FCB ' 8S I B _ _ _ _ _

Iltnrtlll .\t4|‘tllllll. I Tum ant t turn-ls: if» ____ The North Amman Life Assurance Company commeoca Its second halfoencury, filligligoirunlqilrvniwlro alm-klé-L ANN!“ _ __ 5 m W“ H“ - DIRECTORS’ REPORT TO stmns- of its record of scrvlce and of Its present finaocml posmon, and confident of thz V _ '"“’"‘"""""l """°“°' fiolt *2...‘ ' 5.5"‘: \ll'it‘k 'l‘l'llt'k IsIu-I-IIII l0 Juhn~ton x- wIII-III HOLDERS A MESSAGE 0F EN‘

u‘ “I ‘l (“on Crln ( hiont “fnrll v + y, Stork IIIII-lljlliglllliulv;Lust COURAGEMENT TO GENERAL V B o A R D O F D I R E c R s

Niagara HIIIlSIIII Power ... . .. ti“; SW1"! - " I“? + ‘("5 i\‘m(l,lbg,n";_;_r Hm‘ || PUBLIC haun‘ d

YarIIIIIIIIIIIl Pnhlh: ... ... . t,‘ P ll . .. I,-_-|\lr ..— I H v- vmwr i, I T-BRADBHAW-P-T-L

'lll§l.{§"5l..ll”'I-" v P‘ ll I '. l: Mi PM!‘ 'l'P1"v‘1-v"~'> i ‘ Factors of deoided Interest to the V"“P'“H"'“ Q M" __‘ (in! Pow . r. ... my =,-.. Bouillon -- -- 1-’ " ' w Igammn O-W-I-WOODLAND . wanna; ma. h“, n,“ H “W m,‘ "um Prum, __ general public, as well as to pollcy- r n Ihnctnr- _ _ Oeocrglhlflgnarnrrormngdn- __ Gfllnl "o" C i! 11» 5'3.- w ‘IIH- "’~ "'"‘ B"‘""° -- holders and shareholders were reveal- mud" h“ w III-III l'tl\\' . r. I.» ~-- ' "I" 1‘"“"'i PM‘ ' , anauxron non. c. s. r-mmw. mt. un.. 11.21. no. Mont Pow . fipl- Pnck .\lII , ,_ 9.1;}; I; l‘:III (‘or l‘lly ed Bl; the Annual Meeting 01' The PnddlatlndGqI-tllullllitr- PIInIInftIIeIPrvIIwuIOnM-Io Vhmhgdrlqptud Mo" rpm“, _ 5 l,“ pm- pm, _ __ 4574M. 3g (z lAll~.IIlIoI_ .. . Grmbwest Lire Assurance company RnM-LSMIQwIICoJM. Stool nun Mon Tram . (I pl- Poll Fort! ... |— l ("is Ml“ ‘S ' " ' A. C. NcHAflZR, K11 Y. A. ROI-PK L]. “Hi1, Mon Tnnu . 4I,1_. III; Penn IIIIII 1/, . I.‘ (‘nvkIIIIIIlt .. .. held in Wlnnllleg. Tue-Way. February llcllutulllonflunormlflou-ynadOo. Preaidant— Vim . m“, 1.0“. __ 5W, p g n; N J _| fir.“ I!‘ llftfllll (lflrlllgo .. 3rd The splendid progress or the haparinlBnnkofCcnnda WullnnCnndnllalrfibfin-Ifl Show l‘>w . 4'! | - I'll" (‘it .. ..I l~ ‘m ' m“ . . .A. NTGOHIBT B KC. D.C.L. HON-LA-TABCHIREAU LLD LLLIJJ. ' un....- Pow . 1-51.’: Rttllltl w...» '-'I<.;+ ‘,1 :|"'\l\_i"_\];|'|li;" -- Conlpany and its practically imnres- G onllvmdfl iudfiatnnhl _____ rI-mrurmrrwtunurbum l7 us Steel ... ... U11" 5w" - MI no 1932 v fir"? ‘(glmli _ bwyi: i? “iynifirgs. nable P°s1tion 0t‘ safety were I-eveul- , nlr. xmoovn. uA..AJ.A~r.Its.Jonm-lumnrmdA¢-r1 . 3 BANKS Domino.‘ 0F (fslxqiyzsTmEn nkrum __ _ ./ 1 IA _\‘|lt_!ll-ll(:‘nl;lt'l\\’PI” egdin the ripin-t of the Directors and , _ .- . . . i - .. II -_- q " I! resses o he President and Gen- . u Slur (‘nrp . . “fl I- ‘f N" lfrfl“ _ . §2f,',',,§f°tl“ IIIIIII 1t u , 5pc III-II .. lot/Ii | l |+ y" Stilt. >tl<’-‘-_-I tor eral Manager; but perhaps the most "I . V . .... . I I. vlr/V I ;, » 3 . lxIIk oi vIIIIIIIIert-e .. . ‘g l‘ 5 m" f’ 1"’ “W . " ""“”“m"""°L3;‘ff“"“*‘+ 5' 1.25.1’... p3,?“ significant outcome of the year's work mm Bank "‘ "" 278 l‘ g ' it? (Ilmlllll: " lulu‘ 113131‘ l; 1;. Qw-IW‘ l'<'“'<‘1" from the point of view of the general E . . . .. _I ' .. . I \ ,I A -. --I , _ __ n ‘ ll-"il" REVIEW FOR FEBRUARY It. C N R ‘ " ‘"3 l“ ‘"1’? 5 “ "f N ‘I ' l‘ ‘m4! 47 U" I‘ §m""'~'.“"". ' ' public. is the convincin emonstra- m“ - t? N It . .. 4,, |l(‘ III... s 0 of N Y . ' 1;. h "f I-"Hllld -- 5 d . t? .\' n . 4 51H? lam slIulI-lIIIlu-r It lion of Canada's fundamental sound- CANADIAN PACIFIC nIuLuuut 00.: I " ,':j::-\‘_"’:;‘;m~ - l ness as o. field of operation for well- _ . _ _ m. M ounm,“ o, ‘he pmmdh", c .\‘ It . .. rII-u 12ml . Glvwlll- Ill (n .b.. .| trIllwllIirgfnli. directed and wellmanaged large. Jpthorn a Stevenson, DIStrlCt Managers, l

Mill" "=l'l“'ll.\' l‘ . I n lI . ll-I . . "" ‘" ""1 ' "1 ""1. ' .' ' ' scal busln t . I tt t Prl Edward Island

b! I “lllthll iuvrcnzs lilo ‘i-lltntll-l-l- DOMINION or tvuutm Bonus ll l'lll'lrll‘ I'll! 7:200 Qlsm I Howl -- ..\ e exs ' Charo e own, nee ' IIIIIIQIII l,“ n". “Cwmumed mhwun“ _ _ _ I'IIll lwII-II 20m 2on4! - Analysis of the Companys financial

SIITImIQIIIIIrIII-tei-rrleidt din In; first ‘alt-win m“ EXEMPT m“ m’ L‘ l"'l‘\l;i_n~~ " i| ‘N4 I l "——- statement shows business In force of J J I . I ll’ I ' ' '. . . ' ' - '

,0 ,_‘_..,,,_,._.h Hf“ ‘h§“,f;":"g:“f§ll'°jv}d; 19.1 I. tool‘ II s lltllll ...“ NIH‘ l W I“ I ‘l; e , so14,to5.44'r.oo, Assets of $129,l47.632.05 \

nub‘ n Illllizle In ih ‘l I ‘w ‘ "L U S NW“ -- m/ 1‘ ‘Y 0/31 ‘it G E h .

1,, “m” M“ ‘I321,’ Qffuf" Mnr I. _ vIIII Stool ...l now .-.I-/.| t r Hm TO m XC ange “clued Pl°fit5 t° Wlmylwldefs. 110';

Alum. srI-u-Iubu NDVQIIIIJOI‘ .....I m. "P" l» 1W - Worn u cu . 11 I " ' yet clue, or $0,559,742.00, and Unlw- t f it c d t‘ to I th t remlII-r. rovorIIIIIg norm"; h, m.‘ m-q __ \\'nr Bron IILIW + slgned Profits and contingency Rb _ re urn O P705339!‘ y. BUB B. CBJI coun r165 TOCOVG!‘ mm Q PIQSOII o» Ilm Iutllln. The rcllucllon III m. ""‘“"““‘E ‘smhs’ “f” 111'” *3“! ., . V ‘nwmfing diversity. viz» Bonds and produce food at low cost: and there- world-wide depression 85 condition! while "Inna", dmmpolnunz when _ “no! (0 . .. Anti not _ serve oi‘ $4,4I3,907.37..The Gross Sur ‘b q

In...“ "M, "u. i t 5v, m; lwvmllrl: 101.75 102.0?- wIIrIII I‘ . .. 8.1%, any s2 (Special l0 Jtlllllttlflll .1- Hard) ,, ~ Bmllres 34». City Mot-mazes E115 fore will probably be one oi’ the first regum to non-ml,

rr-IHIIIII lll nulllfrlirgnnzlllgfllllllyll-Il: P“ ~- _‘"“'1'IL‘“‘* l“ "i iill-f" Y '1‘ Conch - llllii I m“ u 0 p!“ Egzmilngs f?‘ 1930 °‘ $6'°75'327'57 Properties 25%, Farm Mortgages and

II. . ‘II- .. .. I-II , H) "o 00. rI c. l ~ we e m- I

‘ulrlllgrllllll lIccII anticipated a tew months hi“ L" H '__ 01,! m “m I who hlslgo 5Tb Etc‘; [in ‘the fompfazis Pmpgrtles 21%, Policy 140E118 19%. '

n. un.-I...- I... DWI"... IIIII for thr “d P‘ '- "i" """ “'“ "‘ F’ """I'I“ ' “"‘°"' m e a m sum “s o e I"“*°°1“m-‘°"s W'- Wcswm Farm m" mqynfl"; where menu!“ m n" ~l‘/;1Ic ... llvULIIlIlI 90.00 100... IlI||_\' Company, after providing for all pm. t ,

m ..." , v son. . Mortgages have been reotricted, but;

Iuelnrlnurixlill, Ind thte hotter I-IIIlo o! R A ‘MIX. fit and dividend requirements and b no means ‘use n d A n l

' Iul ' .____ _ - r - 0 I , - l0 Ihe t"uIIIIIIIlyflrozgnflyunaulflnutgot: ‘ l-llorrh alter writing down assets is now in- y we pp m New Issue

(‘orn

lmrr ll . . ' -

.I..'-'..I"“.. .I‘.-§l’I$.'l‘°§'r .3??? ,,f.“"','.';,'§,', Dom rmon Of CURB MARKET fro... .

ran-l ,,_-,- ' " Supt .\lll_

I I - creased to $3,413,907.37 exclusive ol t m“ °' m“ a" cmfuuy "mu"

i» "Z°..fl;.‘.‘.’;‘.“i§§°.I.Z1f'°f.§‘..i2.2‘.‘;“°$£i Maclaren Jluebec Power 0o.

" i" “K143001104 (lluwn $28- ' 51" .\':-l onrnhuza were cut only ‘I C d B d . The standing or The Great-West l‘ m: down rroIII tltLl-titlzl t 538- and a on s _ . ~ have-done something towards engag- “Mwx “m! m“ "0"" or “c; "atm"!!! - -—-—i‘ I ockbslwdnl “I Jomlpllll-rll fill.?l‘I‘“l:t‘)‘\)\‘llIIISl Lue as one of me best profit-paying

rllflzmulbfllnlnlllotl at this level (or lllill) I! Ilmt the PreuldI-nt’: expm-tn-

lng in mixed lIII-mlng methods are aoqear First Mortgage Bond‘

Companies of this continent will be favored.

ItI-Inllmrntwln A

\|"l_|

"n" lhnl lllVltlOlllll or 10 M “Wm h. Ind inked "h: .\liss""|'i I _ '43 maintained in 1931 by the continu- ~ ' I II “Iti I A OII l 1mg I |

- "",'“"" "‘ ’“""'.'““ * ""_'"’ Plln “I: IIIITI .. 30%| ° | IIIII Whr-nt " once of profits to policyholders on the The business in force Increased by Due Februar 1, 1961

m" “M'- vIII It|l1|I Vick ‘nl I ‘ ' lib I 1 I th I y

wIIr IIIIIIII .. f ‘ ' . ‘ ,. some era scae as n e prev our over twenty-two millions in 1930 in

- . . I _ __ _ tnnlllllnn “Inc 4', | _ ' * . ‘

f‘ sed Li)"; __ _ III» "Fflrlz-‘frll . ..| ll M111‘, Brwvrdlnlz to the announcement spite or the financial depression PRILE‘ 94 and accrued “wrest lilltrll. -- ..;“.'.'.'..- "Ira I 0H1“ General “MW- whlch film-red ~ number or Iuu- u» real-r»: transform» ‘QM. ‘l. Km“ "I: ' LII“... on _ "r. | v | During the year the assets of the holders to let some portion of their a dd "Pfllllllllllil .. .. all)“ ~ * u Company and all Investments were insurance lapse. 10 Yield 593% H!“ l‘ ' .I .. ‘ I , __ __ _ ~ ,- lIII rI-IIII-‘IIII-IIIIIA. i __.-- p subjected to the test ot a. rigid m- Summarizing the almost impreg- wlll a Sound ' —-———— "\‘§,‘,,,f,{,,, "f" __ , I m,‘ H O valuation under present‘ depressed lliible position oi the Company as to DENOMINATIONS. coupon bearer bonds, 81-000. $500 T P 1- r - f l l--il~-rr~~I' not _' 1 ‘mELwN SC“ o!‘ condition» ‘The resulwni wvrfliflll fundamental safety. Mr- c. c. Fergu-r and $100. fully registered bonds $1.000 and multiples- In ' 0 ‘c_leve‘ am n‘ , _I,_.,".f,f."‘__'_' " jjj'”". l revealed a posit-Ion 0! extreme son, General Manager, ,pointed oul;_ Full particulars contained in descriptive circular Sprillllh’ ltlll) 011 V1111? Walker, Il 11m T "Ii 17°93" M Chcltm‘ sch”! rm the strength. The depreciation on mort- the lgrgg (m; surplus and conungen.| - ~ ~ w I J :—- _ - . 1 a" ‘VOlldCTflll Llqllld xpel-g-Ln 38;,“ mm“. s every luggage‘) vfiuugzynzie Richards: 2'. B8395 ‘md pr°Pfmes W“ m"? cm’ W "59""! 118F686“!!! nearly four] To Ensure prompt attention please dmlegralah 2 /0 _ H’ b“ harm Dmmwr. ‘ ,_ A _ cred by the wr-ting down ot book and s, half million dollars, wlth assets or telephone us at. our expense ‘Win11 W 11 s" ~-° ° - - t Garnett Afficuk; a, Polly Itlcvtmtc; values and by the contingency w rigorously mm" down I