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!` *Ui .’ "T;*.l- I ' " ° _ ' r|,ns'r ol' ILL" IANUARY 31 1 g

‘ _

' ' " - 9-`..~f' _

_ ~ . 1 , _ »

Whenever you have funds available for investment

` l

no matter how small or how large the amount, whe-

ther you wish Provincial Bonds, City or Municipal

Debentures, Public -Utility or Industrial Bonds or

Steaks, write us for our list with quotations lf

you say the word we shall ask our travellerto call.

F. B McCURDY fs? CO

Members Montreal Stock Exchange,

lallfax, St. John, Montreal. Sherbrooke. Sydney

Charlottetown, Si. John'a, Nfld.

‘m-11

MARITIME BECU RITIES.

'l_

1 =` girl;

-1- Union Pacific 1531 154|

Quotations furnished by F B

Ourdy & Oo., Stock & Bond Brok- ers, Members Montreal Stock

Exchange, 164 Richmond Bt., Charlottetown.

Banks.

Ask

Jlll. B3 '12

British ...150 Gonlnarce ......216§ Nova Scotia X D ...............277i Montreal ...248 illoyal X. D., X. nts............224§

Miscellaneous. Acadia 1-no ...... Acadia Sugar pfd

Do, ord.'..... 75

MC-

Blu

141 2151 2161 241 2231

100 71

,Brandram-Henderson corn ...20 15

C. B. Electric co .........

m _ 50

East. Gan. Saving & Loan 142 131

Eastern Trust ....... ._ ......l52

Halifax Cold Storage Pd ...100 Halifax Fire Mar. Tel. con_1.........................48

D0 pid ......10l

N. B. Telephone

Nova Scotia car lst Pd...__......

' Do Znd

Do 3rd QPd...........

".'_`..45

98 46 98 l0l. 00

....33

1 Do Common

. 104 102

Stanilelds Pfd

Do O0m...... ......63

'ri-lnidaa cons. Tel. com...._.,....._..so

1 1

Trinidad Elec .... ..@ ....... ._.7

Bonds.

Brandram rieinerson 6'a ...L00

0. B. Electric 5’s......_.. ......95§ _95 Chronicle ............6,s 101 99)

Maritime 'l‘e1............... ....._.6’s106 lhlifax Tram...... ............5,s101§

104 100..

Nova Scotia Steel Istmt .5,s 95) 94|

N. S. Steel 1st mort 5's

Do Debsnture Stock...105

Porto Rico 90 Sta.nhelde................ . ......6’s 1021 Trinidad 'I‘elea..................6's 101 Trinidad lectrlc ...5,s 93

MONTREAL BTOOKB.

Ullen Close

Jan. 30 '12

Cement '

.ill All

Dom. Steel 60; 501

103 89 101 99 90

Detroit 150 g 51 Power 1113 1931

245 245

Tramways Bio

NEW YORK STOCKS.-

ll3 113

Ollffn Close

Jail. 31| '12

Atchison 105;; Amer. Smeiters 701 Amal. Copper 1,2 O. P. R. 231 Erie :101 Le!-llgh Valley . 1502 Nor. Pucidc 1155 Reading 1541

outhern Pacific 1082

loss 701 621 231 aog 1611 1171 154; 10s;

“Wearwell” pants

for working men are

the most durable.

STRONG APPEAL.

LONDON, Jan. 30-A comniittoe ol

prominent British residents in Portu-

gal formed for the purpose of invcs- lgating conditions of the thousands of political prisoners awaiting trial

at' Lisbon and various parts of

the

provinces. alter examining two pris- oners issued a provisional report

which makes it strong appeal to

the

British Government for its good oi- flces. The rrvnmvittee asks the Gov-

ernment to exert pressure

on tl

P°"t“Bucse Government to secure fair

treatment and speedy trials of sons so that numberless innocent

DCF- POT-

sons arrested on mere suspicion may IN! liberated instead _of being kept

waiting for months underground

-ln

“|\5Gl\ii»8\'Y dungeons, under condi- tions unspeakably filthy and deg;-ad. ing. According to a report it would appear that some have been inter- eerated since the inauguration of the 'It was stated by Col. Lowther, R°P\l\>ll°- Military secretary to his Royal

U. B. Stctl 53g 54

oo'r'roN I .

January 9_34 March 9_4; May 9.56 J nlv 9.69

9.40 9.47 9.61 9.75

GRAIN

Mnv 1031 1031

PORK

May 16.35 10.40

omntorrmrowu usnlcilirs. Corrected for every Wednesday and Saturday issue. Butter 24 to 2; Pork sl to 8

H801 (small) per lb 8 to 12 Beets, per bunch 4 to 5 Lamb, per lb. (small) lil to 14 Lard, per lb., 14 to 16 Radlshes. per two bunches 8 to 5 Lettuce, per bunch 5 '1‘urnip's _ 12 White oats 45 to 46 Black oats 48 Potatoes, per bushel 85 to 38 »Eggs, per doz. 28 to 30 Loose hay per cwt. 65 to 70 Straw per ton _ . $5 Callskins (free of head) 12 Hides.- 1 9} to 10 Pelts. each 60 to 80 Ducks 12 to 14 Fowl 9 to 13 Chicken - 9 to 12 __Qe_e_se_ .Up A _ M ,14,_to 15

SOME FURTI-IER RE- `

MARKS ON OUR PEATS

_g _ (Continued from page 2). _ the best of satisfaction. The amount consumed per day depends a’ good deal on the quality of the peat. It is like everything else, there are good and bad qualities. Some bods are more open in the fibre than others and will burn very readily hut it would require a considerable quantity of this kind to supply the wants of a family for a. wholc year. Other hogs are very close in the fib~ er and resembles coal. This I think is thc best for domestic purposes. Although a little slow on the start it will throw an excellent heat and last much longer than thc former kind. A ton of this variety would equal in quantity, about two tons of coal. About two bushels would be sufficient to run a kitchen range for s winter's day. From that amount would accumulate about half a bushcl of ashes. I can't say anything about the (ommsrcial value of thc ash as a fcttillzer. It can be used as an ab- sorbant about the stables with good results. Peat requires no tonic to make it burn, It is far cleaner than coal and can be handled with othe greatest of freedom without soiling the clothes or hands. and H0 dll!- agreeable gases discharged while

l 'n . mm' K .mums DUNCAN.

._____._.---

l)EA'l`ll OF l)U»l{E'Ol~‘ FIFE

IIOYALTY IN MOURNING.

, l.0Nl)ON, Jan. 30-The tragic cud of thc llukc of Files, ill-starred voy- age to attend thc consecration of the Unthcdral of Khsrtum, crectcd as a memorial to General Gordon. has given a great shock to the British people. `

Although hc showed no ill effects of

his experiences in the wreck of the steamship Delhi on his arrival in Egypt, thc D\ike‘s death is universal- ly attributed to thc exposure and shock resulting from the event.

The l.)uke's death will cnuse n cur-

tailment of nll arrangements at thc Port of London for the reception of King George and Quccn Mary ion ‘. their return from India. lt is proli- able that all festivities will be shorn of milltnry display, and that state ceremonial court functions in the early spring will also be modified.

OTTAWA, Jan. 30-The news of

thc death of thc Duke of Fife was re- ceived nt Government House last night while His Royal Highness the Duke of Connaught was dressing for dinner. A large dinner party of over one hundred, owing to the lateness of the receipt of the sad news could not be Postponed. .

$ZF

than to 0n|_y ana

"Bl’0m0 Uulnlna”

rim ui _

1-.»..sef.:.s..e:.-e.'_"° °~'»~»»

Alwaynrsmambernssfull name. Look I

btthllllgastencnuery bor. :bc 1'

Beef (quarter) ner lb 5 to 1'

1* solliué ||0m's|;u|; nm coulnv

...°It pays to buy in this Province. ‘

...°Nell MeCormac, Little Pond, is Vlsltillt friends in Annandale'

_ ...’Joseph McCormack, Little Pond, IB l'9P0rl»ed much improved from u severe attack of pneumonia.

_ \

...°Mrs. L. B. Squire and son Ber-

tram of Aitken's Ferry'are leaving in a few days to spend the winter in Boston.°

...'Alex McDonald, Little Pond,who

has been conllned to his room suf- fering from a severe attack of pleurisy is rapidly recovering#

...*.l . l-I. Steele, Vincent Campbell, Robert Jenkins, Allen Mc- Kenzie and William Mills from Little Pond were in Souris yesterday#

...°Vincent McDonald, Little Pond;

was visiting friends in Annandale, it is reported he met with 11 serious loss Uf Sheen by dose. while absent from home.° - ‘

...'l`he» funeral of the latc J. Herbert Ohallbell, who died at his home, St. Avards, Monday morning, will take place this morning at 8.45 to St. Dunatan’s Cathedral thence to the R. C. Cemetery. '

...‘Rev. Ewen Macllougall will

preach Sabbath, Feb. 4th, at Mur- ray River at 10.30, Peter's Road at 2.30 and Brooklyn at 6.30. Also Monday, 5th, at Iris, Tuesday, 6th, at Belle River, and Wednesday and Thursday, the 7th and 8th, at Point Prim at 6.30 p.m.

...*ln the Methodist Church Souris

Sunday evening last, Rev. F. A. Wightman delivered a very eloquent' and scholarly address on. The Sabbath Day and its observance, which was highly appreciated by all present the choir was ably assisted by A. W. Taylor of Halifax and W. T. Murray of Moncton, Mr. Murray's solo, Face to Face, being excellently rendered and highly pleasing to the audience.”

...*'l‘lic mcctiug ,of thc Young Men's

Guild, Montague, on Sabbath morn- ing was fairly well attcndcd when 11 paper on the “Return of the Jews"- Neliemiah-was read by Phillip Cobb. At thc close of the meeting several of thc members present spoke briefly of their appreciation of the capable way the paper was prepared and deliver- ed. Next Sabbath the Guild meet at thc usual hour, 9.45 a.m., when a devotional hour will be spent, lcd by William Mellisli.`

...’An Annandale correspondent

writcs that Miss Clara Norton, An- nandale, spent the week end at bit- tlc Pond the guest of Miss Maggie Gliailey.--Joseph McPhee has return- ed to Annandale after spending a few days nt Georgetown. Ida Rich- ards, lliver View, has gone to Mur- ray Harbor where she will spend the winter.-Roy Howlett, Annandale, paid _.1 flying visit to Fortune Bridge roccutly.-River View School is pro- gressing favorably under the able management of Miss Ida Molyneaux.

...°'I`he pupils ol Montague High School held their weekly debate in the school-house on Friday evening, January 26th. The subject debated was “Resolved that Wellington was a greater Generiil than Napoleon." 'Pho speakers in favor of thc resolution were: Masters T. Parkmsn, 0. Camp- bell. R. Doiron, H. Poirier and Miss A'nnie Sutherland. Those who op- posed it were: Masters H. Poole, John Lemon, B. Bcers, M. Johnstono and Misses M. Mellish and Blanche Wickham. The pupils evinced 1;, keen interest, especially the young lady students. After the ballot was pass- ed the vote stood against the resolu- tion 27 to 19. It ia the intention of thc pupils to form a mock parlia- ment in the near future.-M.

'Big discount sale In winter

wearing g0ods.Thls zero weather you want to throw off that old underwear and get a new suit of good warm all woo|.We have them nero from $1.20 por suit up.Stan- floidis, Hewson‘s, Ponman's and etc, all new stock. lvesQ Mur- dock. Montague. l-27d3l

*A blg saving to the public on

Winter wearing epparoll In order to make room for our new spring stock, we are now offering the balance of our Furs. Ladies' and Gents’ oIot.h,and fur 0oats,swsat~ ers. sweater coats. caps. gloves, mltts. underwear.blanl\etS. hlsn- ketlng 72 ln. wlde by the yard suit cloths. print cottons and etc at cost. Ives and Murdock. Mont- ague. l-27d3i

‘Buy a nice warm fur cap. pre-

vent taklng a cold. “an ounce o preventive is worth a pound of cure" our FURS AT COST. Thi Is tho time ofyear you want sums nice print coltons. see our mnant lengths from Sto I2 y all good patterns WHILE Til LAST at 7 I-2 cents. lvesQ M ook. M ontague. l~27d3

Highness, when asked if the Royal Household here, - would go into mourning, that'a cable would be re- ceived from His Majesty the King in connection with the length of the period of mourning, if mourning were to be ordered.

For Sale

gy ` j ,I lim" .

...°'l‘ha Morning Daily Guardian can

be obtained et H. J. ldabon's Drug store, Bouria. 8-10drti

...‘l-larry Francis, of thc -tirnl of J. B. Francis and Son, Fortune Bridge is on a business trip to Guspernux.° f..°Tha Morning Daily Guardian ca be obtained at W. A. Johnstolfa ldontague. 8-Sdrti.

...*'l‘hc carnival at Georgetown on

Friday evening last was largely at- tended and thoroughly enjoyable.*

...°Lailies' tailoring done for one

month at W. B. Leard's. line tailor- ing, Souris. Now is yollt time la- dies. 1-30dr3i.

...°Miss Lottie Orr and Miss Carric

Whitehead of Clinton, arc visiting Mr. and Mrs. Sutherland, of the Montague Mills.

...°All news, advertising and sub

ecriptions in Sourle and vicinity should be handed to F. G. Jordan agent. dfli

..,*'l‘llc Souris mnrkct prices are as

follows :-Butter, 24 to 28; Pork, 51 to 75; Beef, 5 to 7; Turnips, lil; Black dats. 45; white oats. 43,1-lay,

E5; Straw, $8; Calf Skins, 10c;

ides, 90; Pclts, 50.

..."l‘he following persons rl-.gistcrcd

at the Cox. Hotel, i-louris: Monday:-- A. W. Taylor, Hali- fax; Benjamin Breniner. Charlottetown; W. T. Murruy, repre- senting Watson and Dewar Moncton; and Clarence Harris representing Vasaie & Co., St. John,‘

...?’l`lio Montague High School

liockcy team played 11 picked team from Georgetown in the Montague Rink on Saturday morning lust. The school boys won, score 6-2. They are excellent stick handlers and are open to play any school team on thc Island.-M.

...'The annual scotch concert of St

Andrew's church choir of Montague will he given in the a.uditorlum,Mon- tague, on Friday, the 2nd of Feb., at 8 o'clock¥ An interesting pro-. grain of readings, songs and choruses has hen prepared. 1-26dr5i.

...*J. C. Undcrhny, thc gralid old

inan from l{ing‘s County, was in Souris yesterday in company with A. Lord. of the marine depnrtrnent,sur- vsying the site for the new life saving station to be erected here. Mr. Under- hay has been in the surveying busi- ness for half 9, century and his manv friends arc pleased to sec him still actively engaged in the work, poss- essed of a keen intcllrct and rugged body. Mr. Uii1lci~liiiy luis zilwnys toll.-.n it lively interest in `pnblic af- fairs and now has the four scorn ms.rk.His interest in thc welfare of his country has u`ot wancd the wish ol his many friends is that he may lic able to follow his profession for lnnnv years to comc.*

I' Fa1°ryland I'

. Souris .

Thursday, Feb. Isl. 5,500 feet of films

FREE. Every person

purchasing their ticket between 745 and 8.15 will receive a souvenir pin.

1 Oc A dmission

<`.

and Miss Dewar of Murray River will give an exhibition of some Highland dance iu Scotch costume.

Program Part l.

Chorus -Wc`re :\' Scotiish ht-rc. Solo---Ye liaiuks :uid Bracs &c,

Miss. L. McDonald.

Solo 'and Chorus -~Iiurus and

Scotland Yet. Rev. D. Wright.

Dialogue---by Mr Colih, 1-ti: Quartettc lvlessrs Beer, Mc-

Pherson, Fraser and Fraser.

Solo -My Ain Folk,---Miss /\_

Sutherland. `

Chorus---'l`l1e March of ilic Cani-

eron Mcn. .

Pdrl II.

Double Quurtetle-~-Sing to Me

~ The Auld Scotch Songs.

Solo---Come Ye By Alhol, Geo.

a lol. of boards and shingles first Mclntyre.

Ch 'mis -Standard O'er the Brac

ciassstock; also laths at a reason- 0'M°f-

Dialogue'---'Miss H. Mcl)onald

- - . P. M Ph

able price. Anyone desiring same "ng,-lI°rus___l‘;l|,°t%"Bl"c Bonne”

_ are Over the' Border.

RPPIY by mall °' l’h°“° Solo-Mr.°Fred McLean.

Chorus--lfk'A Hundred Pip-

GEO~ R gn; &¢_

Solo-John McLean.

__._...` ...._.,.|u.‘ ._ _ ___..._ _ _ _

lH||lll YEARS ‘S lil |l|SE|lllllllNll EIIZENA |JllllE[|

1-<O‘1'l

/1-Ev" gince I was a. llltle glrlxhmyglg ago, l had suffered torturci rv NW one of lls worst forms. The dise&5°a3|'“”:l§3 my' family, and mine was of a sc ‘armed - moat dlsligurlng kind- The °°:l°'“°m over m round' mn’ aurliiynfdgs sifndzsllmbs I

. - . ~ ui' ed

i.i:.:..2r.1.s.'1? .su If f* .'-` .J born in Leamington, TXT' ' '<4 which is famous for its

'sulphur baths and puma waters, and one wnul think that after taking the treatment there DB1' ularly as ‘Id gig. , U10 di. wou hxgsfiwn cured. gum was not. I attended the

___ Hospital for

, ouw s

l"'d§'\E§rl|.°';yf»1r 1. l.

:` "“ S'

3 W

Everyone in the town NNW °f mY ww- :gy face was dlsil urcd vcri’ llllilly- A dllcmr ' told me tliut fshould never K0! Vid 0' lt- I spent ands ln doriors’ bills. Hlld 1 Bliellded sereralmhospllals hut nolli ng did_any good.

“'l`hsn one day an uncle of mine recom-

mended the Cuticura Reniedivs. I took his advice, and comnienrcd to u.~e the Cutlcum Soap To my astonishment an lm irnvement at once set in, and my hair, which Im!! D068 B complete mass of scales and scurf. 800" bc an gg look in splendid condition. Then I Nought a box of Cuticura Olnlmcnt, and this cleared m skin wonderfully. In n fcW weeks’ time alltraces of the srnly €fUDll°"-" ind completely dlopnenrc-fl. N°W my skin is clear and healthy, and thanks to the Cuti- cura Remedies I am 'conlplclcly cured oi’ pczema; All my neighbours were astounded. The* Cutlcura Remedies are W0\'ll\ 010|? weight in old, and one tablet of Gutlcura Soap goes fllrther than four cakes of cheaper soups it has brought happiness into mg homgf" (Signed) Mrs. Butler 17. Franc Rd., Tile (`otterrlde, KillF’S N0l'l0[l» BU' mingham, Eng., July 26, l9_ 0.

Cmicurn Soap an Ointment are sold every-

where, but ihoso who wish to fry them uilhuut cliiirgc. may do so hy scnillni! W pnugr prim 4,- Cliom. Corp., 62 (‘olumbus Ave.. Boston, l'. S. _A.,‘for a. liberal sample ol each, post-lice, with .lr-c. slim hook.

_ _ . A

,_,» 1./. l..

\..

::A skin ns smooth as satin. It is

quite possible to keep your skin soft and free from chafc during the cold months. The daily use of our witch hazel cream will accomplish won- ders. It is easy and pleasant to uso mid does not make the skin sticky. Nicely perfumed 25c a bottle. 'l`hc McKinnon Drug Co. Druggists (lor. (lt. George und Kent Sts. ~ drtf.

1:-You need n chamois vest tllis

cold wcathcr. You cannot do with- out it il you want absolute protect- ion against the cold wintry \\'inds. These vests are very strong, give more warmtli and protection than

Western Cnllalla ?W¢l' .C0l\\l\ll\y. limited ' ~ p c.

First hf0rtgageSinking Fund" Bonds. ‘

DUE JULY Ist, |949.

The Company are now delivering about io,ooo'l{. P. in Vancouver

New Westminster and surrounding islrlcts, and_expe¢tWtg,5¢11;h_¢h._ “_ tire present development of 25,000 ll. P , suppiym__g a mng;¢¢;¢¢ had of 50,000 H. P., before the end of 1912. 'lbs net earnings from' thfsalg of iliis power it is estimated vull amount to $500,000, or 2 1-I tmlh fha internet on the

present authorized bonds. p _

We offer a. limiled amount or there Bonds at the attractive price of -

. soAsnsccnunnInu%llS_r Ii0YlII» SECURITIES _C0lIPOIlA 0_N. UMIIEII (II. Bradfor¢I,‘Manad¢|‘,) IM Hollis, St. Halifax, ..N, S, Toronto, Ouwa, Ptoutrcal, Quebec, London,

il- "l“ 1*?

We 0iier, Any Perl 0i 10700 Shares

' Trinidad Electric _Sloe‘k.

lli\‘i<icnd_~‘ 5 per cent, Quarterly. $4 80. Par 1’;iy;,ble January rctii, April 10th, july loth, October iotli.

Price 'I7 p. c , fo yield 5.66 p. c.

ln addition to paying dividends at the rate of 5 p, c- per

annum for several years past a reasonable surplus has existed, liaruiugs thc first eleven months of 191 1 were $8781.17 over the similar period of lulo. »

J. C. uicllllvrosll & ci.

` M1-uibors Montreal Stock_I'.‘xch1uigc.

- Direcl Private Wires '

HALll~`1\X. ST. JOHN. MONTREAL NEW GLASGOW. FREDERICTON,

. . '» ...` 1 .:~-‘,~_< ' v

uiulisroull 4

For the prevention of Smut in your grain and

Scab on y'our potatoes use BLUESTONE. You can buy it pulverized 9c per pound from

Stanley Shaw 2? Peardoni

Charlottetown .

lsevernl coats, are perfect fitting and bound to give lasting satisfaction.

4-zgdtf

Priced at $1.75 up. The Two Macs,1|

.. . - rtf.

149 Gt George Street 1 31d 2 -------» ' r "‘ "' _"_ “" i ii _ `

1 I

I Offering at $12.50 Per Sharelof , $100,000.00 Capital Stock of `

ALLIANCE INVESTMENT GUMPANY. limilell

(Incorpnrafsd Under the Laws of, fhc Province of Alberta.)

Q PAR VALUE OI" SHARES $I0.00 EACH

The _ .

of Calgary Alta.

g Capital Pniil

l iiucu A. M

Local

BEN II. LlEU'I`.-

l°3Od2i ~ I In Canada: In Great Britain:

. ~BAN|i OI" NOVA

‘ '

NEW ADVER FIHIWIENTS- ' Messrs, Webb, Read and Hogan. Accounianla and Audilorl, Calgary.

== _ _sotlcnolls

7II I"IRS’I` STRllII'§l`AI9ES('I`.F(fAlIPGll:\RY, l\LBEIf'I'A.

BRANCH OFFICES:

The auuual Scotch Concert by 51,5, B,,;|,|;,,¢_ 1~,,,,,,,|,,_ 0," _

Sl. Al1dl’€W'h' Cllurclil Choir will be Wuliugliousc Building. Norfolk Sf , Strand, London, W. C , England

given on Fiiday tlic 2nd of Fcby_l §UB§CR|P'|'|ON§ at 8 o_clock in thc auditorium The Blink nfN¢ivi Scalia. Monlreal Branch, and W.B Leileh, l"inanci1ilAg¢n\. Bank of Dlfawa Bldg. Montague, Montreal. will receive subacriplions for the above issue payable as follows: Z '

Besifies the following program, 54 5" P" ‘l“"° °" APP“°°'i°“ 11.... Wm 1.. ....._.-1.~ 1.. .1 mp.. 1.. 3 _?,‘,’, gg; 313;; 2 ,';_‘g_;',',';;{;;'_;'; costume and also by thc Orchestra g 55430 pe, ,|,,,,,, 9 moqgh, fm,-,-,

Company in Successful

Tim Company was incorporated

chiefly in and :irou1nlCaIg:\ry and will so continue, but

_|u&'iriously in and uwir Towns and

fulure is assured. 'I llc Conipmly, \\~i|h

lllml any inriivnluul. liowi-vcr w¢|| Q for thc work.

ini Cash l)i\~idelnl, m’ghl be made, If

constantly increasing value which will market price of lhe Sl:-ck.

perhaps pjilhoul prerciionl in Canada

Mr. H. A. MacLean, l‘r¢-gid¢||\ of

t e Bankloi ova Hoot a. nntrsal.

' A CAPITALIZATION ~ .

I Capital Autliorizccl ...........$I,000.000-on i Capital Sul>scribcd...\............ _ 388,580.00

H. N. DANCY, Esq.. Toronto, Oni.. Vice-President. MALCOLM E. DAVIS, Eau., Calgary, Alfa.. Managing Director. I.. F. McCAUSLANI). Esq.. Calgary, Alfa., Secretary-Treasurer. ARCHIBALD McLEAN, Esq.. Charlottetown. P. E. I. . _

' THE HON. SIR CORNTHAITE. H. RASON.

iuads steady progress, 'l`h¢-ir Real Estate :holdir-gs are

Passed llie iiiicerlaiii slagc of’ do\'c'opmenl and uhoac

lrdgc of values, i° l~o\|or able in lliuldle such businrss

Wllilv \l\G_ Cfrulpiiliy has liccu, mul will cculinuc ln

he vo\is1‘rval|\'1- in lim uiallvr of divirlcnds, if wrulri “PPC” Pf0bah_|c limi heforcvcry long 11 distribution of A-*3“i9' °"“‘"' "1 *lic Filip!! vf-=\ Slock Bonus or subsfnnl.

shareholders will slill hencfli by holding it security of

The remarkable progress ofllie Cil§ ol' Calgary is

issued durmg llielcn nimiilm ended pst October 19|. reached lhc enormous lnlal ol`$||.li64,'|_18. ‘

Ielier dated |5lh November, 191|, malacs lhc following ,reference io Dividend ami Iiuaervc Ful d: "‘WhilsI can

up.__.. _____ aol,ss1.so

nosnn or nisccrons -

MLEAN. Eau.. Calgary. Alfa.. President.

Board of Directors in Great Britain MORGAN, Esq., I". S. S., Chairman. ci-:N.su1 ssvsu snwsans. K. c. M. G.. c. li. '

BANKERS

scorls liovst sans or scortssn. Lui.

AUDITORS

Messrs, Lalhwell Qwslers. Calgary, Alla.

1.. 'im'

.dale of application. dale of application. dale of application.

Ilighcr Dividend Pronprcis'

say nolliiug offirlal ill lille lime, I may mention that al thc L`o|u|mny's /lmluall Meeting, following lie yl!!f'fl!d ai _qisl Defi ml~cr, _il is my inlmlion lo recon mend ihll lhe Dividend for lol: l~e declared at the rate of il per cent

per annum, which will he an advance of 1 per ren! UV" thc Dividend for 191o lconsicler it safe fo sly' in till! conuerlion, also, lhal llic Dividend for |91s'1ull_bs at thc rate of iz rnr crm.. `

The Asset and Liabilily Return coverin lhQ ie"

niouiha ended 311.1 October shows, nfler allowigg for P" expenses and outlays ofcvcry kind, cxceptilio |.9l| Divid- mid. ai Surplus ol Assets over Liabilities of $3ll.7_15»73' The |911 Dividi-ml will nmountito ap rqximplely |4910"- oo leuvinganel surplus of approkrmllely §l1l,`736_-73| equalfio o i por cent. of the Compnny's paid-up cagllll- This amount may be fairly considered as a Reserve “Wd in its present shape, z\ndlheCompi\`ny might contin\i.0 Wm’ safely along lla present lines. his my intention. however: at the apprmicliiiig Annual Meeting, to repose lha_t I porion 1-qfinl io 15 per cent, of the Real Iisiate forming lhis surplus been-l aside, and advantageously lgld-ll” proceeds ofsuch sale lobeirivesledln hl Is 'rlde Illlfd Railroad Bonds yielding lhe Company, a§0u_If 5pH' cent- 'l'hls operation repeated from your to yeas. itll UW” the Company a reserve fu ll of prltt rnu ll t D ITU’

nature as is carried by the Banks andozhsr conlervat vl- ly managed lnetitutlon.‘ / ,

Operation.

in |906. and has

Cilics which have

iln expert know-

quippcd he may hc

not, however, llie

hc rcflccfcd in thc

. uilding permits

the Company, ina

FINANCIAL POSITION STRONG. ' ' ~ I '

T 11° 0°'“°M1 ‘~~.°~lcmi-iii of i-set.. .ns liabilities 1.- ..1 osefnier am. 1111.-nailed is li Mann webs lu di!

§;_¥§,'_\_»'lfP&%l;’l|;:&|: I-lmlhagggsnectua. It shows the value ofthe Uompen 's real e tate and build! lgvglaiff

of !l,WlEf'llN'$,B0 ll sulascrilbld. llwf gftlfgiucnhollsplrgffitlfg (lc!.xIn‘:930|?*'i Ittdlreng dl ‘gh -` 1°

\Ml}l)l\‘i°l ll to the Uolnoanyls standing and the integrity and ability ofthe directors lol whom t 0 Prel}2°l\°

%\M¢ nl Rector ln? Sigretary-Treasurer svote their time exelus vel; to the Uompanfl buelspe) may boil 0°'

ltstusuteu 1 it li 1 ' ' " ' .

.... ..:’:.:'e1.el.°rT=:i§iiI€i1iii'iziiiii°'ii.“ili'ii“Eii`ii=.’>"»Ei“§ili1f*ii°“~€§"ii’.i'il‘fi~i‘l§§"`*I'l`i-'i?’”i55i:

, enumsi-naar sara 1 w g ¢, n as

fvwlnd It that Ente. 'Ilhe right la rstaerved, howsve r, to alfot e smaller numbzrglnsliafgf than‘ep;I|n g -lsr? _ I _

W. B. LEJTCH. N' A ` ,

Gen. Merchant. Soloand Chorus-A Highland FINANCIAL AGILNT ' '

-'-1 ' 'T .nas . . Brio 514.11 _

Bea\'_`Rlv¢l', P. Ei I. bakxnqd ls Syncfanr 1 had m ‘yr local Repieaelflzlia. I`:l.e:,\I CI\l‘I"IldIfe‘fI|v/n, P. lj, I

1-srdsflifinl "3"‘3‘"‘ . A

' ___ _.._.‘-__.“