MARCH 2, 1927
ve W ff ’ - - Y" _-. -
‘ ` _tientral Guardian Let Nature
= t.0/tonne uve t-toes weunes- ~ I ,
_ dev P. J. Ney at ce. me-:i-1-21 Stop chronic
` . seen Po'rA1'oss.- w an 0 0
supply the Fertilizer tnatamsiws COnSt1 at]_0n
_ lPota.toes grow. Call and see us. A.
v irrotmvia & .-co. me-3-zot. 1-iere’s semlble relief Ser you
words .,.,.,."‘°“‘.‘i.'."2f.'2l.. i.....2't.’.°iiv%_
-_ QIBOPHOS. Youcanwinli0o_.Qi
an your emcoet duno from the
DRUG STORE '
“Once e erinl- elvlyl N¥¢\" °
SUNSHINE COMES -=
WITH SPRING
The next attraction in which
Charlottetown as s whole is deeply interested is the play “Sunsh_ino" to -be staged in the .Prince tl-Edward Theatre on March 7th and Sth. under 't-he auspices - ot the Prince' Edward Island .Protestant Orph- nnege and in aid ot» tiiut worthy institution. ' ‘ ‘ ` ‘As the name signifies, “iSunsliine" radiates the coming play which is centered in a “Sunshine Sanitar- tum," Perhaps you -have never vis- ited an institution oi' this kind and therein lies the secret.
As 0 chaser 01 blues, "Sunshine"
-need Sanltorium treatment as the rollicking -i‘un'disclosed -hy the plot will assist the digestion, scatter the blues and net as a good Spring tonic.
The caste is carerlully chosen and -
will lifring out a bevy ot new actors and actresses.
Snappy choruses will be sung and
everything is arranged for s de- lightllul nights entertainment.
.___-_-Q-Q->----v
::Muscular Rhcumatlsm Sub'
d-ued.-When one is it Suiiewi ii‘0iii muscular rheumatism he cannot do’ .setter than te have the region iriiii' hed -with Dr. homes' Eclectric Oil._ Let the rubbing be brisk and con- tinue until ease is secured. There ls more virtue in 0 bottle ot lt than can be bully estimated.
Distemper
Responds to treatment with Minard'¢. Mix -with molasses and pour over a -bran -mash,
»_mn"Aeso‘"€
--turn 0r.rAur° » __
..__,._ 0..
GOO-O-OO-0-94
1
.We supply the right grade; to all uses. Ring ua up and learn of our reasonable prices lor all kinds ol the bent coal. we shall he pleas- ed to serve you. _
"Tha maximum of He»t_"_
II. Ii. GILLIS & 00.1
--_-D-_._.____..__...___.l
O-O-_O-O-O9*
Down Through the
'A308 _ A _ei '. -
Scottls
has stood the test, tit-it, Int Ind always. As o prevontntlvo °f wide and A builder of
I'°"0\ Y°i|I' doctor will rea- ommend
Scott’s Emulsion
°V°"¥ NNN- Still! In NIB 5° “"9 liid $1.80 por bottle/L Try it today. ~ . `
ilaroid L
PHONE 27\ ’
In QUEEN OTRIIT '
A ` ` »¢.»»¢-gg;
.___,.__-
EYES TESTED
AND 4
Glasses fitted by colontllo '
methods.
E~ W. TAYLOR Ano
J. S..-TAXLQ '\°llllto`r0tI `0¢tomofrI
vv1----
-chance. For more particulars AW ply to B. C. Webster on Premises. York and B0iii0Ii for the Deiiteii l-iudson Motor Car \Co. .
4141-3-2-7L grade, which 'begins on March 2nd. international Petroleum __ _ ,_
POULTRY SHOW now open Ill
the Lyceum Wednesday and Thurs- day. Belectlon ot fowl will be made for the world's poultry Congress. Admission free. 4122-3-1-31
Fsnriuzan.-when in need of
Superphosphatc, Muriate of Pot- un. Name ef sees and euieiil" of Ammonia call and see us. A. IHURINE & C0.
BEAUTIFUL PLACE ANU rare-
day.
lottet-own, \vill preach and perform
You wililiave the best results irom
evening at -
:PURE M||LK - Don't be deceiv-
stlng Psotcurization of milk for
OFFICERS ELECTED.-The re
tion, according to shippers. Fish
1!-‘ your Stomach and i»°dLii'»"'"t= .ii "gif
no
Sour, undlgootoifufood
stays in your hovii, and causes bed bros ,tsl Rina, ond coastline n., r-li4yeere,poo lure
- urmilil corrected con
stlpotion with Chomxzerlainb Tablets for the Stomach md Liver. They not only relieve constipation but remedy the coune - n weak ltomacli. Get them
at your druxiutfo. or and 250 to Chun- berlain lil icino Co. Ltd., Toronto, Canada.
POLICE COURT.--A suspended SOCIAL GAT~HEF\iNG»-On M011' Mis, Kan. and Tex. Ry.
sentence of 35090 0,. ninety de,ys<dey_ February 14th the stat! or the Reading co. . _ . . _ _ _ _ __ _ _ 109 was handed out to a drunk yeater- P. -E.. il. Protestant Orphanage. ML ill. S. indnnt,-ini Aicoimi cm 31
. Herbert gave 0 social evening to Westinghouse ,Eiectric _ __ _ _ 73%
.upwards ot forty neighbors and Un.iie,i States Steel 160,/_
igp|UR¢;H i0|=_ |9o0T.LAN-D. -- friends. The evening was spent in ‘
R_ev/Ewen 'MuoDougal| will preach games and music and' two contests Moningi .stock Excham" “-
Wedneatiay, March 2nd, at lPe0Di€'§ under the direction of Miss Azza -
Church, Ch-uirloitetowii, at 7.30 p. pnrirmnn caused much merriinent, Antiibi -ii.,
mf Special collection. Mrs, WsylingPan§mMr. l.es_lie Moi industrial Alumni __ 5
Donald, Mrs. ar an Jenk ns on l{o ur _ __
‘REMEMBER 'UI-USTRATED Mr. Percy Milltch winning first priz- Lair;-en‘I_i§ir.li1>mp` _ __ ` ` UEGTUHE 10111511! iii H°“"" Han’ es. Miss Martin :tnd` Mir. George Montreal Power I
"F00 iH9i`|U1Z° “I me United Beers. Mrs. Leslie McDonald niili National Breweries I I
00111071 OI ‘C°~“*“I“‘" sliver cm' Mr. Wm. Horton tbooby iiri1.ee.ni'ier.Asbostos Com. New..." H
lection at door in nld or niissioiiisli which 3 dninty lunch was served liy_iA__be__t°__ “___ New --i-______ _
_ the stall and the rer_nninder oi' the Brompton . . . . .. 32%|
bi _ evening spent iii soc ei intervoufiie- Brazilian 'rruetien 120%.
excslls and those attending will not ROBIN HOOD FLOII-JRrtIhewhe§t A 50°” iBf°\`Y Ii‘0"\ T0”-i life. 11150 Stpanish River Pid. .. 115
Zest selling and best lla u Mio by _Rev R W_ Lindsay wasiqpnnish Ri 6 C
iiour. For sale at all Charlottetown much enjoyed' foiiowm by __ ___m___. ‘Can SteamVq_:`_ G’°°°“ “nd ‘°“‘““g deuers "ei-ry' ing and solo ivy Mr. George Beers ' ` P ` ` IA. where' 29W m' which 'was heartily encored. read-- W1,wi_._M,,y_ iii):/,i _i_,iiy_ 134%;
mg .by Mrs. Wayling and instrumen- Sept, 131, '
wiv or nnm/sn Fntoav.--The tai music by Mr- P- Jenkins- Aii°_i" corn-May, azz/,; s._.,p.__ 555;.; fouriii mm“i,i inteydgnqmlnntiunul this speeches wer_is gi;/_en lg' M1. 0,,i,,__May_ ,mi/2; _i_uiy_ 40%;
day oi pi.,,_ye,»_ oi the Womeirs Mis- Roland McDonal . r. eorge sepi_ _i5_
sionary Societies ot the CitY Wm be Beers’ Rev’ R' W~ Lindsay and MT' Wheat-May. 139%; July, 138*/é;i mid this yen; on Friday nfteirnooniPercy Mutch and it heurtynvote og 0ci_ 129%” , ;
next, at 3.30 ‘in tSt. James Presbyter-ithanlrs tendered Mrs. Wai; ni an “"1 h-..r:;:°.B:zs..“2;‘.. ‘..'~...;i:;;
nv e . _ '
one is cm' L_.__ ~ tendered Mrs. Weyliiis. Miss Park- HOW’S Y0ll1' St0Il‘l.3£I\?
' GREEN MOUNTAIN SEED man and stuff for making the even- ________
norxross are grown with ins so -piessfwi. They then com- ._.\u...».. ni... their yen. it when-t in. Fertilizer that W6 Bell. We Will mended them for their g0od W0l‘ii wuys ao. You can _onslly get rid ni halve plenty to supply your needs done in the Home arid hopedliligii your uyaiirpsin, indigeeiieii. Cniarrh
‘i 'ut Goflltlu-.lie-lf, - n, . .
A HURNE & oo' ;“_i‘;‘;{ mr; ”,‘;;\;,‘,5_`;(;f‘ gfero whim S,,,,,_ °_§,‘_‘,;:‘,ic,__l`,:__:fI,,_f:f_‘;;;_ mf EARNINGS: Combined earnings for the years 1923 to 1926, inclusive, of the properties controlled are appended.-
BRNCKLEY, UNION RD., ‘YORK au mined, hauds and sung Shmiii] tion. lleiilliichc, ctr.. suinc ns Idiil, nnd
MA-RSHFIELD -CHURCHES WUI A,iid,A_c,i“a|mimc,3 .be pm-g0¢_ in the sumo why. Don’t suntl oneccrit. hold United service In York Church _ . lor I uni no sure this irculmcnt will 'Friday aItBl'n0oIl t0 Observe W. M. ._._.-_-<4->--; produce like results for you thnt I will .Sf Day 01-Prayer, pER5gNAi_S is.-ntl it, ull t-lturgrs prepaid, by mnll.
-_- ____ ,After it hui-x proven ltscli' the int-uns
ORDINATION OF ELDERS AT iiiin iP_ W_ ,CiM.ki“_ M me Q_ N_ of getting rltl ol' your siuulxitrluirotili-| AILBERTON SUNDAY.-'Tile Ordi' R_ is imwiiig ,his m0i~ii|iig for los, you lnny sontl ini- one iiollur. Ilbwi <
l18tl0ll Qf DSW Elders Ill COni'leCllUll ,_Haiifnx_ is thni for rnni'l\lrn\‘o null iiiirnoni-il _with Alberton Presbyterian -Church ___ Write new. Atuirt-ss. ’l‘\n»0.inri- Ii. tBi{6`B D\B.ce oil ‘_S\llldi1}' Whtilx RSV. Mn rrimiims M0y5c_ Cgiiti-al Be. Jurksoii. 250-C Stratford Ltirlg., Syru- W~ `B"“°° \M“I"» SL ‘mmesr Char' deque, was in the city yesterday. "“""~ »\'-`\7- _
the i”di‘°"°" ceremony' Mrs. Crosby ot Bonshaw is visit
_cosatsn seen Po'rAroas.- gig "i3_`rS°‘;",‘;,__ff‘,‘,’,e*§‘_°"t °' M" “"5 I I
FB. 611
i i
,V'0l\l‘ S600 'P0t8l.l)Bs ily IIBIIIS. _ _ _ . MRS. CATHERINE COTTON Fertilizer We have it A I-POIRNE MV- J' M'°F“d5°“' K‘"gsI°“' was -1- _
& CO. ° I l-2° _lfix m5;;§‘_"_'_§__°y attending. There passed away to her
____._. . 6 3*' 9 ' - al reward at the home of her son
CRA.PA\.iD.--:During the seusoil
tlicrc
, ' 5 -
u 0 if i-e in 'M'~ "’- L- "'“"“' ““"‘“"‘” R” ' had f-s9_it=1.,tu,__v_i.ei_t_:t_rew ii._e,?ery'Ir..:v;d\;,BB._. gs...R_.o;gilor-ter-'-l-he--city-rrtieirtliirs a ,very esiimnbie iudy . 0.ciock_ when ,, the agricultural meetings. _.,,»,,, oi- Mrs (;i,ii,e,i,w
. _ 1 1 . . . .. . .
:il|l,l5ie0li`jhti|(I-il-iiesilgim ,}i;iii;]i.,||)i?] giizlii < ‘Mit H0eCl\0l‘ Czlmliiwil filllfili- the Lou, New London, who predeceased
ii ,_ i i . _ W __ week end in l\ingst.on, the guest of iiei. ihiee years “gil The me di;ririiiicxtlgnfrgiieitggdre,,§d?i‘ii Mr. and Mrs. Muck .\icS\viiiii. Ml Mrs Cotton was horn and lived on- be ..Beii8i in Gm 1- Campbell intend., leuviug lu tr iew the hoinestnnit ro,- ’ __`_. days tor Nova Scotia. years, being the
thi t i in book _ipubiicaiion No 36__Ad,,°c from the leading mlllluery cslnll e`ti_iii_ii_i_\“_;\____x_i neg ri_<§:_i_e
llshmenits
small country communities. Read _ _
what Dr. Charles E. North says IM"~ J‘““"” U- M(’D‘""‘id'i im' ir;f,i§h:;;),;‘,'if'e,I1l)f,ii,3',,;f;°8t
about Pasteurlzatlon in today’s ie- 'S¢““'“"i» who hu” bee" ‘IH I' “K ' .
1 Rev Reginald McDonald Brno. wail “VB Dali I" l°“5I°“
'W' ' -4 44' in ,he ,,ii,. y,__,.,,ie,.day ,fn muiii in matters and always a regular
_ hi tendsnt nt same.
s home
port of the Presbyterian Sabbath .R _ ,Wo ‘School hits .progressed somewhat ofi IMF1 ["‘R‘ Mcpndwm left this moiuili IiiuI{e§~rI:t,a(tIgorge recent years. Oiiicors during iheimg 'hy WW OI 0"‘“;'*" I0 "_:‘___ Mm Ai.,._i,_ McK,,_y_
last were: Superintendent, Mr. Cp.-' gricnd” Iiefofjl gemmggi, 'O aim. lord. Irene and Elmer at moron ` M.oPhee; President, Mrs.i ‘°"i° “ i itaufrin _i'.‘;_i§'e__ “mi Her funeral wus held Nell Morrison; Secretary, Mr. 'Hari gixggigevgieses Rf” ,,,ci_mon,i homestead. Clinton, on the vey Bishop; Treasurer, Mr, .nectornsi ' ' ‘ot the vid year. and was
Morrison? Teachers. iMrs. Alexf ` ____ ::§_;hi_?_;'_i_¢_§’__ 5f__‘_§‘_‘_*":_‘:__§__'§ $633;
Smith and Mrs. Neil Morrison. _Pi_Piore;s'sor glvilf-‘_ s_;e3gusit_i_riivi_e_ii_i_c; _Mt mbme of respect in a
SMF-LT SEASQN °VER°"'*A` wighegdig. il;`erg\i‘;i'n.r arrived in the`iI::1';e]ug:;i agiqnggeisgglces `
Shedlac, N. B., despatch says:-The city Monday night, accompanying by the new Mr Ayers smelt tlshlug season in the Shediac the remains of Mr. Ferguson's ,im Rev_ M,._ 'Saint ’ and Kent county districts, which mother, Mrs. Senator Ferguson. Hinging bea,,,ii»,,i hymm,
pore. Prince Edward 'Island smelt A pleasant altair took place at - ' W\BZ ( 3) D 5 - ’ ‘_ 12:05 A_ M_ _ 'n°h""°‘°“ ’““'° h‘“" “ 1°" ”°°°°“' th” K' °' C' "°“‘° M°“d“y “ight am' sr" 'Mmm' IF' Jv'vCw;y' "“""“'° 1 wow (ml ctnci. Night Howie. _ I " , but on the New Brunswick side oi when Mr. Samuel Burgess, who is MaoLeilan, Lou s ynn .P _ _ck 8:00-P. M. ii,45 p_ M_ _ V - f ' ____ ____ _ ,
the -Northumberland -strait, from leaving this morning with ner sen Night -i -i'i- ~Bl“"°li“fd “nd ii wil-mi (049) ineeteu. 'rue wlerga- MSB (ms) _Mama_ Owm ,Rec,,,,,_._
the Baie de Chaiour to Clive Tor- for New York was presented with Fltzslmmons. Brother Burgess as_ i,e,,,.5_ 12 Midnight ‘i .. .._ ' ..
mentine. no heavy profits have__an address and v ua h sem many ye____s_ He was also __ v__,ued “am
t tr . co in si tt .r n szl. t 'pre ~ .
"°°“ ° °” ”° °"‘ ° "“°" '°'“ "'° C°““° ° miter nr the executive ter eev- wranl (mi isesuen. trienist. rsxruns ~rAir.l<s
peingnierd in cola storage in Newmervnuen with Mr. -Henry Finger ef
gi
al te _
~~ _ _ _ _ _ __ __ -mm 130 p, M_ -`-1'-1---'--"""'-"' --' m ' ”‘_'“"-“_” “Dm 0”) ‘E~ 'P““~ ""”‘““"° °"° wotss lata) New York. "reetiigiiti
‘mm "15 P' M Vii2lI1lI1I‘(J01;ili)“g"§0:lienectady. Book I
i , ' ygu gre gufa of yqur fI0ll1' °°“ sm i,_M_ wot (210) Aim. Missouri con-1 _ T0ba.CCO CUITIPRHY ‘
i 6% Convertible Gold Bonds
_ _ _ Y... ‘cannot 1,.. ,me ef your baking w\l°°° :'."..‘;.lu.i.°;:‘.':..:;»‘.°.'Jt;f°..;i;=.ti;'::;
Lift ,
I MWQVS th,¢ SGIRC avg enest 'Ham Mmslibiipigfmiai' C __ wlliiizri (402) ioeedrich zippers
- Always bniree- the same. _Tested every day in vw_'i_ii_i§_._ wcwhvirii vggéiéi
our Uwn “M|n°'b‘hn¥”_k|tch°“' Money back iI.ngt¥l?<iNl>roz'rsm.
if Quake' Flaur 'Ive' you tra” e’ I gg KUIGA (300) lil. Pitts. Musicals.. W-gp (.509) »py,i|,__ ip,-”',
_ Q I _ . ’ .1.'¢ n _ -,
*nigh N (m\N‘Y.¥°QL ‘JL DWI)
- Con. Gas >C0. (_-N.Y.) . ._ _ _
d i i i, ii i., i 'Wynuiired Ryan McDonald. fif lien' muny deeds ot .0 n ° e ef/mg that t "H the Wynnii’red Millincry returned charity will long be
I'
(rum 'oHARLo'r'rn'rowN_ _ 'GUARQIAN _ _ _ _ _ _ _ _ _PXGE FIVE Stock Quotations' _ - i
New York Exchange
At. Top. and Santa Fe Ry. . . J70 American Can lCo. ; . . . . .. 49%, 0111.001-and 1-‘uy.c0. 1061,; Atlantic Reiinery iCo. . . . . . . . 114% Am. ‘Locomotive Co. . . 114"/e Am- Smit and Reine. ce. ._ 140% Am- B°S°ii Meg. ce. :ste Anacondp. Cop. Min. Co. .. .. 48 Can. Paciiic Co. XD2‘/1 .. 188l§_ Chile Ctiltper Co. . . . . . . . . .. . 06% U- 13. Cast iron- Pipe and Fdy.
N- Y- Cen. nun und. nw. ii.-R. 142%
99% 65% 32"/a 39
240
‘Ar
-Sieiidsru -on or N. J. .. ..
142 63 101
.. .. 04%
69% 22
)l_.»-
Johu Cotton, Kelvin,
of the into Wm l Cotton
late Angus and Mrs
over anti
kind and hoiipltnlile to
and
Site leaves tu mourn their
Q-_ _.3:_f; aruucvrsun »v\
1;*
taaerrtrfitn-vue
= 1 . . [.'.”.'.'I . 4 JIT.-I. .1 u t fer.
lrrlnsea.
A
wr- rr
» `»‘ '
_ ‘.l'll?|I_.1lF_;_A)_§, March 1.-Quotations NEW .ISSUE ` ` - urns e y Johnston and Ward _ _
Members oi’ the Montreal Stool;
Exchange:
international Power Company, Limited
’ 6V2% 30-Year Gold Debentures
To bear date March ht, 1927. To mature March lot, 1957. Coupon Debenturee,ln denominatioi: ot' $500 and $1,000, reglltefobio e\ to principal. Principal and serui-annual interest payable at The Royal Bank of Canada, Montre , gzronto, W'innip¢i. Vnn¢0\N¢f» Hs)ifax or Saint john, N .B., or, at the option of the holder, at the Agency oi' The Royal Bank of Cana New York, or it The Royal Bank of Canada, London, England. Redeemnble ss a whole or in part, on thirty days' notice, at 105 and accrued interest.
_ Trustee: The Royal Trust Company, Montreal. . '
Complete circular, copies 'of which will be supplied upon request, confaing information furnished by Inter-
national Power Company, Limited, from which the following is summarized:
THE COMPANY: International Power Company, Limited, incorporated under the lows of the Dominion of Canada as a public utility holding and operating company, controls public utility properties which have been in successful operation for many years, in Bolivia, British Guiana, Newfoundland, ' Porto Rico, Salvador and Venezuela. The combined population served by its prépei-ties is approximately 800,000, and the number of light and power customers is in excess of 63,000.
CAPITALIZATION (Upon completion of present financing) :-- ’ f
` I Authorized issued ‘_-
6V2% 30-Year Gold Debentures (this issue). . . .".l.';.`2‘.-' .-. ... ...........i" . . . . . .. . $3,000,000 7% cumulative First Preferred steer. _ . _ . . . . . . . . . . ._ ._ ..,-.... $8,000,000 5,000,000 __ 6% Convertible Second Preferred Stock. . . . . . . . . . . . . . . .~. 1: ---_-' 2.000.000 2.000.000 `°~_._ Common Stock (no per value) . . . . . . . .. . . . . . . . . . . ... . . ........., ..~. 150,000 she. 110,000 eihs. ` 'H
DEBENTURE ISSUE: Debentures will be, in the opinion of Coimsel, 1 rlnct obligation of the Company and will be issued under an Indenture which will include a provision that debentures in excess of the amount of First Preferred Stock at any time outstanding may be issued only under certain restrictive conditions.
PURPOSE OF ISSUE: This issue of Debentures is made for the purpose of providing for the construction of extensions and improvements to the properties controlled by the Company, and for the acquisition ot' shares oi The Porto Rico Railways Company, Limited. .
PROPERTIES: Properties controlled by the Company meer- ' _
The Porto Rico Railways Company, Limited, which ovlms md operates electric lighting and power distribution systems in San Juan, the capital, and thc principal municipalities in the eastern section of Porto Rico; also operates the tramway system of Sen Juan and 1,8 miles of steam railway extension. Venezuela Power Company, Limited, which operates the electric light and power businesses of Maracaibo and Barquisimeto, Venezuela. Maracaibo, the largest port and second largest city of Venezuela, is also the distributing centre of one of the world’s important oil-producing San Salvador Electric Light Company, _operating the light and pdwet services of San Salvador, capital of the Republic of Salvador, and 16 adjoining municipalities. Newfoundland Light & Power Company, Limited, whichopemtsthe electric light, power and tramway systems in St. ]ohn’s, the capital of Newfoundland. D°m°""`fl Ei°°U`i° C°mPlnY» Limindi °P¢i`Hfiilg the IMR, power and tramway systems 0fGcorgeto\\1i. principal city of British Guiana. _
Bolivian Power Company, Limited, which operates the electric lighting, tramway and telephone under- "1:-:longs of La Paz, the scat of govcmment and principal city of Bolivia. ~ .
_ ' ` _ 1923 1924 1925 1926
Grass Earnings . . . , . . . . . . . . . . . , . . . . ._ . . . . ,. . . . _ . $2,962,252 $3,132,414 $3,349,485 $3,009,070* Less Operating Bs Maintenance Charges... _ ,. . . . . . . 1,758,273 1,771,188 1,958,833 2,106,578
- . - ----- - i
Nct Earnings available for Interest ds Reserves . . . . .. . $1,203,979 $1,361,226 $1,390,652 $1,562,492 Balance available for reserves of subsidiaries and Debenture Interest . . . . . . . . . . . . . .. . $ 826.8771 Annual Debenture Interest . . . . . . . . . . . . . . . . . . . . . _ . . . . . . . . .. . _ . . . . . . . . . . . . . . . . .. . $ 195,000
'Figures 'subject to audit. December in part estimated. Earnings, where necessary, converted at current exchange rates. 1Aitcr allowance for interest and dividend on $7,026,666 of Bonds and Debentures and $1,000,000 of Preferred Stock _ of subsidiaries, outstanding in the hands of the public as at December 31st, 1920, and proportion of earnings
n plicahle to minority shares
P _ -
In the a ovc earnings figures the ownership by the Company of ali the Common Stock of The Porto Rico Railways
Co any is assumed, as provision has been made in the present capitalizalfion for their acquisition.
DIRECTORS: The Directors of the Company include: I. W. Killam (President), Montreal. President'Calgary Power Company, Limited; Russell D. Bell, Montreal, President Jamaica Public Service Company, Limited; G. MacGregor Mitchell. Halifax, N.S., Director The Royal Bank oLCanada; Victor E. Mitchell, K.C.. D.C.L., 'Montreai, Director Abitibi Power Bs Paper Company, Limited; W. C. Pitiield, Montreal, Director Ottawa Light
Heat 86 Power Company, Limited; John H. Price, Quebec. President Price Brothers 80 Compenyr.-Limited Director "
Duke-Price'Powcr Company, Limited; His Honour W. D. Ross, Torontb, Chairman of Board of Directors The* Porto Rico Railways Company, Limited, Director The Bank of Nova Scotia; 0. E. Smith, Halifax, N.S., President Maritime Telegraph & Telephone Company, Limited, Director the Bank of Nova Scotia, and Fred R. Taylor, K.C.,D.C.L., Saint John, N.B. _ _
GENERAL: Operating results of constituent companies during the past year have clearly demonstrated that the business being clone inthe respective territories served may be largcfy extended. Continuing development, through the application of modem methods and centralized control, should result in a steady increase in value and earning power of the assets underlying these Debentures.
We ofcr these Debentures for delivery rf, as and when issued and received by us and subject Ia the
approval of our counsel of all proceedings, at-
l00 and accrued interest, yieiciiing 6%%
Royal Securities Corporation, Limited
, .
Greenshields & Co. Hanson Bros. R. A. Daly & Co.
The above statements are not guaranteed, but are based upon information which we believe to be reliable and on which we acted in
purchasing these securities. .
Il \ N\l~LlMJJ1!,l1J111LlD
___ __ -_ _ _ . __ . ' '°-1
____ E-.
9:30 P. M. \\'-liz (333) Sp_|i_i,x1gri$_l_d_ Victor. _ ;;Muler’s Worm Powders were
A-All (263) Newark Violin. . ' 11: P. . dev,_ed to pmmpiiy raiiave chiid,-gi,
Radio Program( \“l’G 300) MCH iN v IWIWZAUI ww) Cxelwland' Bambooiwlioqsuiier from the rsvslseii (if
ii .` \ (1 $11 0 . Y. 0 6 ‘ ` ar( 0115. i i H011 t ° °‘° *_* ’vvi§n1 not icinct simon i‘”°""‘”' “ I” "' ” “W” p'°°m _
closed Saturday after a ten days' whose funeral took place at Mersii- C,,,,|,,,,_ i _ i\\‘0Bi`9~i“- i ‘ 1', ' ; ` ' -,i desire ntcmschic and intestin extension granted by the Depart- ifield yesterday. Mr. and Mrs. Fer- The pall bearers were John DJ, lnlugzimvéaggngguaam i 10:45 P. M. i\\".\ii0.\ (H1) l. M__<__=Ailiiii. _X wmmsywiihont shock 0,. i,Li,,,y in ment of .Marine and Fisheries, has guson leave this morning on re- MMK,y_ Hugh Mc;/{ny_ ,inmeei WHJK (273) iCleveland. Novelty; _ __ 1100 _Em Smer me most sensitive system. They act beeue 0001' 0110 iii the 511011189 86°- “im g'C§““°'~ -I°'“}l Z- Wg"§i‘°,Q“- CT EVENING coucsnrs ‘ ”‘”'°“"“'"' ,im P M l“ §°,,',,_ff_f) l A' ““ “ ‘ Y' itnereughiv and natnieseiy. and
*--_***"'-'_"“ . owness an ex. . c ily- l ' , _ _ ' ' ' _ I " thou h in some cases they may
“V” ”°° been °'°“m“l “M the GSS And I i 7:00 P. M. i‘W,,I.`§`“M,,,,§.i9m Cleveland' Smdmiii'-onli <27ii1>2-riI.|t‘Ifi1|i'i?ttecnui1iv °““H5 vvmitiiis. iiiiit is iiii i“‘“°‘ New York and Boston markets ' ,aid Presiding. _WSM (326) ,C,nc,_ Musicnie p,.0_iW_N<c_g (42. )_ _C_ncmna___La_0n_a|_ . _E16 A._ M_ .
have not been particulatriy favor. . eon Remarks expressing regret al g____m_ _ i “___od__ _gow lwmv M23) ,(~_i,,,,.i_ .gasiie p,,_,.m,.,»g_ not nl' nny xrauseating poverty. able. The margin of profit has been Brother Burgesss departure an< WBZ (333) Svrlngiiield. llviusioalc. \i\’Vll{l{ (273 "iCleveland. lnstru-I ~ I
mlm, of their -powerful action and
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einen .bein te nsnermen and snip- '__' :_i:ii_<;=b¢;fMii_i_§';i_‘i;f’ 33 7.? iii |vi_._____ m_n_, men,,_i .,,,,,_ ____ . D- _ _f
5| me duh bng been it member oi Council S24 for WGS/r (210) Atlanta. Studio Pro w,C_,w (278) phiinn mcadiiy Rev“e_, ,-ii _
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l.ies_o_t_New Brunswick smelts airetation being mild” 'by Mr' Pemi me rms. WCX 0617) Detroit. 'Musical Ui‘0'_l I
V l‘Ensemfbls 8-15 P' M
wigs <eca_i springfield. 'nviiigm ""°“°° ,M ,_ ,,_
ng Tr 0. _ ming.
WIEEI (349) Boston. Lucerne-on wggitwee) Kms" Guy Av
|Maine Musicals.
Wi]l‘)tIiA;§ai‘?0II) IBIIUBIO. SIPMSBSB U. ,_ WANT To DANQE1
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wines* uozi =N. Y. "nerr u-inni-it ,moo ,_ ,,_ with 0"" 'U°1“i’°°°N" with wins 0500) irnne. ieepieenese
also 'WIEEL WJAR. W’l`AiG, WIRG
WPI, WIGSH, IMOAE, WJ WISAII, WGIN, KSU, WOC, #G30 and WADC. WWJ. WIOOO, IWIDNF, WUR
'WIEEL .
1010 P. M
WIEAIF (492) IN. Y. Ciiquot lu
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L] worm: (aes) name nested neur
gi . '|10 P- Mi ' " WUAU (278) PIIIII. IPIIVGIIIII-
W@ (509) FAU! 01 BOUIUIKIII ciiirb (xdix ‘ ` ' - -Mole Qdsrtntte. iWilZ (I6) New .York-'i Frivollty
The Nutional City
'Had OMC!-U- hi
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Due January 1. i943 ‘
The Company and controlled °°iilPl°I°' °°°' stitute the most important factor in the Porto _ Rican tobacco lndustry and their business is well established in the Unleed Saeco under weil~- known brands. We recommend 3** 5090* re tam duh-ins oeeafitv wi prdf-ohlfiiil ~ possibilities. Cl|cuhfonf¢¢l\i°l*-
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