" L' `

__ .-5 'rim CH'

/\iz'r.`ri‘|'”i*i~:'ro\vi~i cumin

...om 2 1 "1 5

New -Issue ' _ i

\

.

6 p. c. First Mortgage; Sinking Fund

Convertible Gold Bonds

Maturing January 2nd. 1960

Price: 98 and interest to yielid about 6.15 per cent

These bonds are guaranterid by the Winnipeg Electric Company and arezconvertible into its common stock. ` `

Stewart J ones and Co.

88 Great George Street

Charlotteltown ‘

, _

’ l

-\`vru.1.\1»1 wsLLscn \vs1.1-ran 'rnoagh his ure was comparatively Wiluam WHUBW W8-lkeh liltil sonlsliort he was beloved by his many oi Edgar M. and Elia. (Ceilings) ptayrnates and those who came in Walker-, passed away Friday momlng oimtact with him

Dec. 20th, 1929, at the home of his' ,Besides his parents he leaves a pqjénts, 50 Lewis Street. Lynn. Masenslsier Adele, aged seven, and s baby news lu 5 r5w says with 5 coidierotner. Jackie. aged 14 months. wnicli developed i11to diphtheria. Much sympathy is felt for his par Little Wallace was born in Char- rmts in the loss of their son.

1on'oro\\~.1, 1=_a.1., Jan. 1at11, 1025. _

, 1

Ask us about your investments

VJ! are always pleaflied to be consulted in the

selection of invesnlnents. Any one of our

fourteen offices will olqrain complete information concerning any stock or bond iii which, you may

_ be interested.

Our membership on sig exdisnges and our private wire connections witli leading financial centers and between our bran`h offices, make it_ possible for us 'ro render an efiicient investment, as well as brokerage, service. 1 »

L 5

lm/crlmem inquirier retain prompt und nnrfu! atlenlion. _

pany, Limited, Charlottetown branch, Jan 23rd, 1910.

co. Abalnb ... ... ... ... .. 1.21

Aconda ... .. Admiral Oil ~A,iax_0li da Gas Am1ty`... .. Amulet... ... ... ... ... .. Amo ..._ Associated Oils ... .. Alberta Pac. Cons. ... .. Baltac ... ... .. B. A. Oil ... ... ... ... Barry-Hollinger ... .. Base Metals Bathurst ... ... ... ... Bedford BldEood . ... ..... Bawna M'Kubwa ... ... Big Missouri ... Caimont ... 5.. ... Central Manitoba ... Chemical Research ... ... .. Commonwealth Pete. ... Dalhousie Oil ...

Dome lfsst Crest ... ... ... .. Falconbridge Nickel ... ,. Foothills ... Granada... ... Graham-Bousquet Hollinger ... ... ... ... Home Oil ... ... Howey .. Hudson Bay ... ...‘... .... Imperial Oil . Int. Nickel ... ... ... ... Int. Pete.

srsnnsan srocx sNu sf1N1No_l . nxcusnori. 'ronosro

CUIIHHY Sollowl!5°Mll|s I1 Com-

.01 2.00 1.11 .lc 1.12 .24 1.50 2.50 10,3 50.00 .15 2.35 .04 .25 5.20 5.20 05. 2.22 ' .22 0.15 so 2.14 2.15 1.10 5.40 1.90 .10 .02 5.55 10.25 1.30 11.00 26.25 30.50 21.25

5 55

5.55

5555

5555

55-5 55.5

5555

5555

5555

5.55

555 555 555 555

vanadium .. 5111i Westinghouse Electric l49‘_‘rl Woolworth ... ... .. Yellow Truck ... ... ... ...

NEW YORK CURB

05% 1355

26 54% `

American SuP¢l'D0wer Electric Bonds: Share ..

MONTREAL STOCK EXCHANGE Bras. T. L. sr P. 38 B. E. Steel 2nd Pfd. 26‘.i Cockshutt .. 22% oonunion nrldgc 'za .Famous Players .... 44 Massey Harris .. 42 McColl Frontenac 25 Mont. L. H. sr`Power 135% Power Corpn- '16 Bhawinigan .... '19'/1 Steel of Canada ... 47% Quebec Pow/er ... 67 Winnipeg Electric ..; 4i_l Canada Car 27%

_ Msnxar oosslr _

Furnished by Mowat dr MM:Gllliv- ray, Stock Brokers. _ ,

City Dairy .

Well posted sources advise that holders of City Dairy common can look forward with a certain amount of confidence to receiving a higher dividend at the next declaration. The company, it ls stated, will report earnings `of‘$4 per share for 1929 and as the current dividend is just half _that amount and as the management has always been liberal . with the

r

“ t ' Q Q-:f ~

“U ' P/lm: FIVE. l

c 1 <_`- -U - , ) _ _V

I-I --,_-I

,_

l

’ MUTU

SURPLUS 1-:AnN1Ncs

‘ $5,043,035 ‘

New AssUnANcas-mam ron

‘ $67,359,410

'AssUaANcrs 1N Ponca _

' $461,310,653.

19299-Anoth

THE AL LIFE

ASSURANCE 1 COMPANY 1

OF CANADA Y

Wsrlmnoo - olvrsmo i

$46.95 per $1000 of Assets. '

1 ~ 1

er Notable Year

v .9 a

The new paid-for b`usiness\

_ 4

exceeded that of the prev1ous year

by $10,285,620.

Representing an increase for the year of $38,669,200. It should be noted that the activities of this Company are coniined mainly to

Canada and Newfoundland.

1-J -

_ sa

.10 .os 20.25 1.05

Keeley ... ... ... ... .. Kirkland Lake ._'. Kootenay-Florence ... Lake Shore ... ... ... .. Lowery Pete._... ...

shareholders in the past, it

particular time. '

tion of City Dairy reveals the

18 Olly |-

logical to expect an increase at this

Mandy .. Manitoba Basin .. Msylcnd Oil ... McDougall ... ... ... McIntyre-... Mining Corp. Merland ... ... ... ...

.20 ‘ .14 2.20 _za 17.25 _ 2.05 .'10

5 55

5 55

5.55

Few corporations doing busin this country are in s. similar

5.55 5.55

-555

mation that the company, receives sufficient income from Government - bonds to pay thc preferred dividend.

position.

-_ Incidentaily the old Canada Cement l

.25 1.75 37.90 4.62 .18 1.55 50.00

-18 2.92 .47 1.55

Newbec ... ... ... ..

Nl|Jl.sslI\Z ».; ... -.. ... Norsnda ... ... ... Pend Orcilie ... ... ... Pioneer ... ... ... .... Premier ... ... ... ...`. Royalite ... ... ... ..._ San Antonio ... ... ... .. Slieritt Gordan ... ... ... 'Siscce .. Southwest ete.

5 555 50

55..

55.5

n..5

_ JOHNSTON MDWARQ

Q anusqs .|r_ moans. lusnan lids- Summon- st.-_ souommoun 9. 0. B" *N*

' lliembm; /ilumreal .wont Exrbangs, Mon/ful Curb.

Nfrhrl, Toroniajtork Lx:/mugs, Wings( Grain

Ex:/ungs, Chi: 1 Board cI_1'r 5, _

New Yuri wrb '(aJ.rarial¢) '

1 ~ s l 1 1 ~

I | 42 I I'

` NEW ISSUE ‘

llorthwestcrln Power C0.

3 L11vu"rED. _

_ \ 6%.

I First' Mortgage: Sinking Fund '_

' Gold _ Bonds ‘

i

UNCONDITIONALLY GUARANTEED AS TO PRINCIPAL AND INTEREST B# ENDOBSEMENT OF

Winnipeg Electric Company

DATED IAN. 2nd 1930 i _ DUE JAN. Zlld 1960

_ Convertible into Winnipeg Eicctric Company Common Stock

up to and Including Jan. 2116. 1933 at thc rate ol $65 per sharc which ram will incrciasc $5 per share per annum in each of the succeeding yeaill lp to and including Jan. 2nd. 1929 thereafter at $100 por faharc up to and inclndlnt -lill- Znd, 1045. ~ l

PRICE

08 AND ACCEUED INTEREST T0 YIELD AI OUT 8.15%.

Orders may bc '1'elepl1oncd_or Telegraphcd at our Expense.

Eastern Secuilrities Company.

LIMITED w.u.v. n'oNssn.515n»nr-

CHA OWN _

sc. some m“‘u"3_ MONCTON “Iwi I IDI IBEDEBIUTUN

_ , _ _ ' r

:S5inIaIInaaInIi1IIIanIaaIinunanuannnannialnnnnnaaunr

» - fl ~t,,»' ~ .u

i IHUDNNUTNUUDSNUUWDMIUIBU

.llsmbax-s5tc|\d»l'dltcckand\cici1\¢Nnasr1anaa

_ Members ot, Vancouver Stock liachlnll. I .

I nraacyswor ~¢_nm5l5oau|lart_5\5.

.05 .10 .75 4.70

Stadacona St. Anthony .. . Sterling Pacific . _ ..

_ Montreal Power

It is the usual custom for V

the third Monday of every

last Monday. On enquiry, h

that the annual statement

Sudbury Basin .. Sylvanite ... ... ... Teck-Hughes

Towugmac ..; ... .. ~ Treadwell-Yukon ... 6.50 United ._ 1.15 Ventures Limited .... 2.90 Vlpond .. .70 Wainwell Oil ... .... .ll

Wal\e Ack. Mont. 3.50 Wright-Hargreaves 1.76

.70

cniosoo o|tsrN cxcnsNor:

... 1.23 5... ... 1.27% ... ...1.39%

Mar. ... ... ... ... M91' 5.. ...

July ... ...

_ 55- 5 5

WINNIPEG GRAIN EXCHANGE

... ... 1.34% ... 5.. 1.88%

... ... 1.33%

Vlay ... ... luly .-5 ... Oct. ... .,.

555 555

a55 555

5-5 555

INDUSTRIAL QUOTATIONS

NEW YORK STOCK EXCHANGE

iAmerlcan Can .. 12445 American sc Foreign Power .. 93% Amer. Smelting as Ref. .. . 72 'American Telephone as Tcl. ._ 219% Anaconda Copper 72% Bsltmiore sc Ohio ... 117% Bethlehem Steel .. 98 Canadian Pacific Railway 200 Chesapeake as Ohio _ .. 215% _chrysler 35'/5 'Consolidated Gas oi’ N. Y. ... 105% Corn Products 92% Eric ...' ... ... 58'/2 General Electric ... ... 1... 252% General Motors ... ... ... .. 40-li Granby ... ... ... .. 68 Hup Motors .... 2251 Intem'l. Tele. 62 Tele. ... ... 70% Kenn Copper ... 51'.; Kolster ... 251 Missouri Kan as Tex. ... 5255 Montgomery Ward ... .. 45% New York Central ... _.. 17513 Phillip Petrol ... ... ... .. 33 Public Service of N. J. ... .. 85% Radio ... 35'/5 Radio Keith Oflivheum ... -5 20'/if Sears Robuck ... 88% Stan. Oil ot N. J. ... ... ... 825'. _U..B.-Steel ... ... ... .- 175 United Ccrpn._ ... ... ... ... 8355.

Frost _.Bites . Mlnard's restores circulation,

_ and cases the pain of cold. ,sipped checks and cars. _

...._-_--...-... ..___._. _Y ... .

I

. I

I yea wlllspgnclata. , _

I . 3 I

”@7¢ .` 1 LlN,,,E5,W

, , I 5 K ll l` l r

TG 1 if

._ f/7

5.50 .90

directors met earlier lu the

l to _ pass on the past year's results.

The 1929 report isunderstood

_air excellent document and should ` be well received by both shareholders

and the “Street” `

QUors'r10Ns rUa.Nrsnl:n

STOCK BROKERS

Abltlbl ........................ Bell Telephone . B. C. Power A

B. C. Power B Brompton Brazilian Building Products Can. Car 'Can.Bron1.o ................... Can. Ind. Alcohol Can. Powei-P6: Paper Cockshutt Plow Cons. Smélters ................ Can. Brewlnk Can. Cement Dominion Bridge Famous Players ........ Fraser General Steel Wares Gurds Intemational Nickel Lake of thc Woods Massey Harris Montreal Power McColl-Frontenac _National Breweries , . . . . . . . . . . National Steel Car . Power Corporation .Price Bros Quebec Power shawlnisnn Bimonfdr Sons Steel of Canada Wkinipes Electric

BANKS

Commerce Montreal Nova Scotia

<MON'l’BlAI. CURB

.roman American on c5n.‘no¢ka»_1mc¢5 nlsuilsir-5 Bnei-am \>°m1=\i,6.n rccmnrinr' Hydro Electric Imoeriii on nrtematioiiai Pm rmpoi-iii 1055555

NOPIIUZI .:a..-5.-5....55555-.- Plot!-l_¢rs_\y

. _ 1 J _

._ ._.§1_"- ... ,____. . ._ .__

1 »’ r.

American Can ................

v

' Company enjoys this distinction.

thc dl-

rectors of Montreal Power to 1neet_on

and consequently if this had been followed out in the current month, the meeting should have taken

owe

it was learned 'that due to the fact

company for 1929 will make its ap- pearance around *llanuary 30th. the

. . MOWAT 8: MACGILLIVRAY,

MONTREAL EXCHANGE

1

H

lnfor-.

css in

month

placo ver,

of the

5

month

tobe ,_

BY

SURPLUS FUNDS and SPECIAL!

‘ INVESTMENT RESERVES

A Purely

ll'0TAl§ 'ASSETS _

A glance at the balance sheet posi- _

$107,408,986, it

DIVIDENDS . PAID

_ POLICYHOLDERS

- $4,573,l74\

$12,311,529

EXPENSE RATIO ~

l_4.45%`

RATE OF INTEREST EARNED

' 6.30%

_Assets represent the book value of the Company’s securities. The in- _ crease for the year is $9,319,620.

Continuing its record of liberal <

_ _ __

surplus distribution.

v

v 5 5 5

4

Ample prov1s1on for possible _

adverse contingencies. »

'A most satisfactory return

. carefully selected investments.

Mutual Company .

‘ Established 1869

The 60th Annual Meeting of the policyholders will be held on Thursday, February 6t11`, 1930

l ` at the Head Ohice, Waterloo, Ont. _

R. 0. McCULLOCH, President - C. M. BOWMAN, Chairman af the Board LOUIS L LANG, lst Vieo»Prssidsne " W. H. SOMERVILLE, Genera] Manager

'~ Indicating economical operation( ' 1

l . .

l

4

from its .

l i 1

2

27% 155 ‘.2 39 20

PROGRESS OF THE COMPANY

Year ` Income Assets

‘ Paid to Business

Palicyholders in Farce

21 sail za '.2 ._ . 2'r=_s 54-,1

isss $445,900 $1,414,455 1909 2,749,847. 14,518,441

1929 24,520,524 107,408,98

$102,355 $15,127,400 818,809 59,261,959

6 11,625,073 461,310,653 ~

| 1

I

11

15%'

221.2 _ 250 _

'ni if' -' 15 . -

Air Reduction .Alleghany Corp. American Byers ........ ...... ‘Anawnda Conner Amer;Tel_d¢Tel. Amer. Smelting sr Refining .. . Amensrroreigri Power. . . . .._ Amenwaterworksdr Elec. Atlantic Refining Bethlehem Steel Brlggs`M1g. Co. ...... .. Bendex . Columbia Gas Columbia Gramophone Cons. Gas Chrysler _ Congolcum ._c.P.n.. Continental Can ..... Commonvicaithds Southern Cornmcrr‘r‘ Bolvenis_.......... C1' " ‘.5 Wright ....,........,, fD"':ont ................. iEIectrlc Bond ar Shar: 1 Electric Power sr night Eastman Kodak .Central Electric OcneralAspl1”.lt jooodyear

78 43521 1878 19 26 ,37.l0 46 41 135 2415 124 863.5 75% 77 '.5 87 79 ‘.5 40 53 47 47%

270 318 ` 330 309

50 361.; GCI ill MONTE ...-555555555.. 10 _FOX FWHM 5.......5....-5...". 7° Filudson Motor! ‘ggi Johns Mllllilllk .............. 2,., -1n¢.'reis5 'fel 3|1_§_Kolstek Rldlo cry, Lcnneoott Connor 3735 1.0e\l’s Inc. .......... 10414, Mack Truck ...........-...... 101,; 1' '_:ot'l_el’! Wlrd ......

New York Central ,... ,.

Nlw :oak crook axcnsnos ‘

_ Overland

124'.. Pln:“‘A11'1erlcan-I

_ ' fauna 25': - vuo_s¢rv15'5 5¢\N¢v_.1¢my

125 26'.i\ 91'.‘§\ 7251 21901 72 9351 94 3691 9811 15‘.ir 37 77‘.i: 28 105 3455.' 16'# 200 54'/1. 15 23% 7 1l6".‘1 B455 5451 IB5 150% Wli:

` Butter ..................40-45;

iltadio . . . . . . . . . . . . . . . . . . . . . . ...1i3*-'.- Radlo Keith Orpheum ri Remington Rand ._ 5'. Reynolds Tobacco 53-‘.5 Sinclair Oil 23-li Spicer . . . . . 25%.; Stand. Oil of New Jersey 62%

‘Stand. Oil of New York 32‘.i 1 Stand. Oil dt Gas 1l3‘.i

iShell Union 22‘_i 'Studebaker . 43% U. S. Rubber .. 24%. U. S. Steel .. . 174% Texas Corp. 54 Warner Bros .. . ..... QOH' Westinghouse .... 149% Woolworth 68 Yellow Cab 13’-i

The Markets

CHARLOTTETUWN

Eggs

Tumlps .... ...... -.SC

042'. 40'.; l 21', l

50 1 102t.l 70 I

zu. l 50% i 511. | 1211 45%

|75 122. ii'."5 bl if. 85'/i

Oats .. ......~60i Hay Pork . . . . . _ . . . . . . . . . ... __ -14!

MURRAY HARBOR `

Butler. E685 ..-50 Potaioes _ . 1.10-1.50 Turnips ()Bls ._ _...... ..._ .. _...-G5 P0i'k - . . --. . . . . . . . ._.131-2

MON'l`AU-['15

Buttcr . . _ ___-45. Potatoes _.70-llI> ’I`u.l1'iips .....lJus-50.' Oats . . . ......luis-G00

lluy .. ..............ton-12.00 Pork . . . . . . . . . . . . . . . . _ . . . _ _ _ . ._.lac

SOURIS

Butter _ . _ ._. _.38-40

Eggs . ,__ Potuiocs . . . 80-l.l0‘ 'rdrnips ._ ._ 40-45, Oats bus.-6') Hay ...... ., lon 16, Pork 13 1-2'

HOCKEY AT llIGllFll£l.D RINK I

Ou January 14th, a frlcndly gamc`

Slicrwood Tigers and Highfield Ciroiiiics, the game tlirougliout being clean and it very good exhibition ol hockey. The first and second periods curled with neither teams scoring, In the lust period thc Granltos scored two goals, thc game ending 2 to 0 in invor ol the Grnuiles. The gamo wh.; 1'elc1'ccd io thc satisfaction of ul' hy Stcu-nrt McFarlane.

Followirig :irc thc lluc-ups:.- 'l`IGl-IRS-Goul, L. liug!‘t'.<: Dc-

luuco_ G. Cullen and D. Cullen; For- \\':1i'<ls_ .\l_ Alywnrtl, L. Phillips uni R, Roper.

Gmniies-Goal, A. Weeks; Defence U. Czirsoii and A. Coles: Forwards A. Lewis, W. Rodd nncl .l, Rutlrii Subs, H. Stcntl and E. Ditifcii.

This ls the lirst ol n series ol gumcl to bc played for the Slicrwoorl Cult kindly rlonaiod by thc Slicrwood Tigers llockry Club. The tennis coni- pcting in this scrics arc Slicrwoorl Tigers Flying Llndy‘s and Highilclrl Grnniics. ’

Potatoes .............1.U0-1,19 ___'_ 5 <Patrlot please copyi

OILS ......... 5....-...... .. 02, ` .

‘ L ' or hockey was played bctwccn the lllnnrrl'l Llnlment For Cuilghs.

Hay ..........................-151 Y - _

Pork (Live) .... ,...-ll l-2 Straw . . . . .

SUMMERSIDE

Butter . . . . .......36~40 Eggs . . . . Potatoes .........70-llc Turulps ......................-25 l»lay ....A...................$l0-812 .Pollk .............................

MT. !'I'lWAl‘I‘ `

Butler _.-05 may ... ._-451

5- 5555505 so f55°°~l.I0| 'nrlflbl ..555555 55-5 os eau'-1°

l' .5.