S, .

lem elm Na cuiigtuéwn, Pal.

Safeguarding Valuablea I

IP your house burns-your securities;

insurance policies and other documeota

burn with it. From lou of this kind ag- by theft-A safety deposit box will din

you security at nominal cost. '

TBI

_ EASTERN TRUST '

COMPANY I-lead Officer HALIFAX, N.S.

1 U. H. BIIIETT, llanagaa

elsiuioltaiuwil Ilrnnou

S . , »i.3:‘."..“iT¢i.'2"°

“ 1

L_...

- i J

my Anusrm oasoo.;

Starting in the shade of an old

buttonwood tree where the building at 68 Wall Street now stands, the New York Stock Exchange developed in less than a century into an insti- tution of national and international importance. By 1880. housed in its own impressive building at. the corner of Broad and Wall Streets. it had adopted the three great instruxnents that make its modern operation pos- sible. The, telegraph and the trans- Atlantic cable. the ticker and the

telephone were all in use then,

- though. of course, they were very M °f“d° at that “me-

Over 25% Profit

INVESTORS who purchased the original units of

Federated Capital Corporation, Oil shares

Incorporated and Metal and Mining Shores Incor- ated today have an average appreciation of 25.05%

_ over and above regular O

dividend payments.

_*M

Federated Capital Corporation, which in-1927 sold in Units of 2 Shares of $25 par value 6%Prei'erred an tl I share of Common at $70, today has a value of $105-an appreciation ot 50%.

Oil Shares Incorporated, which was originally oiler- ad in April 1928 in Units of 1 Share of S50 par value Preferred and 1 share of Common at $70. today has I value of $81-an appreciation of 24.28%.

Metal & Mining Shares Incorporated, originally offered in October 1928 in Units of 1 Share $50 DM'

value 6% Preferred and l

Share Common at $10,

today has a value of $14-an appreciation of 5.7%.

As we believe there will be still further substantial appreciation in these Units, wc strongly recommend their purchase at current prices. Particulars gladly furnished on request. .

llusbcm Seaiweiiilrs Qollillliuilily' _

,amor some uonrnul. usurag -C

',;-

Dated July 1, 1925

Investment _Suggestion-

Quinte and Trent Valley _ Power Co. Limited

FIRST MORTGAGE 30-YEAR SINKING' FUND

GOLD BONDS, SERIES {'A" 6%

Interest payable jan. 1 and July 1 Ca;/pan Bond: in dnominaliarr of $1,000, |500 and $100. ngirfeuble as lo principal only. This company owns and operates hydro-eicczric power plants at Frankford and Csmpeiliord, 0_0!-. 2110 “|50 I steam pinot at Toronto. Power is sugpilecl u.ndcr long- term cnmrarr to the Canadian Paper ard Cn. az those points and also ro rhe Frankford Iliecuic Light Cn.

PRICE: 101.50 and accrued interest

to yield 5.85% c

Full padirllnr on rrqwn.

Due July l. lass

J0HNSTQN_::§WA@»

I\'fas-?\'ril\‘o': lgrlllrr' s‘i‘|nlr|»i=-'_ 81.' Sum nfarelliv. » _ MEMBERS: Minimal _flare Exrlmugr, Tnranlo .Wvfl

Exchange, Maslreal Crab Mariel, Wfsllies Gui!! Erflmage, Cb/:ago Board of Trade.

_H_ _

All JlI5lll|Jflull‘ ` I ' U N VU", ""`

MII. CATHERINE CAMPBELL

On Christmas morning one of the'

mosh beloved residents of Brooklyn was called to her heavenly home in Mrs. Catherine Campbell. Shc had been in mr :mlm until s wuvlc °f weeks before her death when she took a wld. This cold developed into

D00.

,sccvscg L

_' I

Wgseapqaseltcattsaslierell _nal wsaiasas caannb Nl* 1llQef&llll'l`Uli°°\|»*"'

hell* lll_@UIdltal. ‘

about a week before her death.

Tho late Mrs. Campbell was be at Point Prim on October 31, 184|.. and was 79 years of age at her death. She bclonged to one of the oldest families of Point Prim, being the daughter of Mr. Malcolm Murchison and his wife. Three of her brothers were sea-captains, and four of her brothers-Simon, Murdock. Hector, and John, were drowned at sea. In hor father's family there were ten children oi' whom she was the sev- enth-Simon, Murdock, Hector. Nell- John, Effie, Catherine, Samuel and Angus, and of these only two survive her. One brother, Samuel Murchison cr olovsraale, B. 0. .and one Mer. Mrs. Effie Gillis, of Qull'l°Y» Ml!!-

Mrs. catherine csmvbell was the

wife of the late Mr. Murdock Camil- bell who died a number of years ago who was survived by his three sons. Mgicelm, Simon, and James C\mD~ bell. Mrs. Catherine Campbell, their ;¢,¢p.motlier, was e real mother to them and cared for them from chuqnccd. 'rhey all survive her. Mal- colm is in Beattie, Wash... Simon is on the Campbell homestead in Brook- lyn, and James is in Vancouver.

Mfg, Gnmplnil was I member of

the Church of Scotland in Brooklyn. me wsrever faithful to har church. The whole cornmunii-¥ll1°‘lfl\i-N10" of a kind and symblthetic friend

W. o.. cena c c..

PUWWI |"

,ng uieogmml neighbor. nmsrai

Then the nation entered the era

of great industrial corporate expan- sion. Newer and quicker methods for handling the stock market busi- ness were progressively devised. The Stock linrchange Clearing House was organised in 1892, and at about the same time was adopted the present method of trasisacting business at Pests, or stations on the exchange floor to which special groups of stocks were assigned. Arbitrage be- ltween the great exchanges of the :world facilitated roi-sign business. 'and had its influence on internation- al relationships. Later years have witnessed great development of the ethical and business standards in the brokerage of stocks and bonds. Buck- et shops have been eliminated. and such factors as the stock clearing corporation and steadily developed telegraphic business have expedited operations and expanded the market.

A network of private wires now

connects the New York Exchange with the whole Nation. There are very few places in the country where an easy drive will not reach a mem- ber firm's office from which the cus- tomer can buy and sell the stocks

listed on tba lxellaule as easily and quickly as though he were in New York city. Ana new the New york' stoek`Exchange is the ~.:1rid's great- est securities market. Only the oth- er day nearly seven million shares ofswckehangedhandsonitstloorin o single five hour session. Notwith- standing the moderate reflnementand speeding up of all operations and de- vices connected with the Exchange, the ticker lagged two and A half hours behind, transactions on the floor.

The New York Club lidbrket was

for years.an unolganiaed market car- rying on its operations in the street. from which it got the name “Curb." ln 1921 the New York Curb Market Association entered its own hand- some quarters. and conducts business along linm patterned in general af- ter the New York Stock Exchange. its listing requirements. however, are less exacting than those of the big exchange, and its deals only in stocks not listed on the New York Stock Exchange. Some of the Curb stocks are of a very high order, and could be listed with the big exchange if de- sired. Such stocks are frequently being graduated from the Curb to the Stock Exchange list, and then are no longer dealt in on the former exchange.

Besides these great Exchanges in

New York City. there are other ex- changes in the principal cities of the United States. These exchbngas are comparatively small, and operate largely in the securities of local com- panies. Stock exchanges are the common meeting places for those who want to buy or sell stocks. In general, a stock exchange will be es- tablished wherever corporate inter- ests and investors exist. The funda- mental work of an exchange is to simplify the purchase and sale of se- curities. _

STANDARD MINING EXCHANGE

Quotations furnished through cour- tesy of LOUIS M. ATWELL dr C0.. llarlottetown Office:

(February 15)

Noon

Abana ... ... ... ... 220 Aconda ... ... ... .-. 21 Alnuiet ... ... ... ... 260 Area. ... ... ... ... 15%

C1059 223 20 258 15 110 37 47 03 05 27 27 131 2195 6100

23 '

2025

rillo ... ... ... ...

A 115 Amity Copper ... ... 38 Bidgood ... ... ... ... 44

Cap, Rouyn ... ... ... Cen. Man. ... ... ... Clericy ... ... ... ...

Granada ... ... ... 28 Howell ... ... ... ... 181 Hud. Bay ... ... ... ... 250 Int‘l Nick. ... ... ... 6200 Knot. Flor ... ... ... 23 Lake Shore ... ... ... 2075 Lav. Que. ... ... ... 10% 10 Malartic ... ... ... .. 70 71 Mandy ... ... ... 150 149 McDoug. ... ... ... ... 69 65. Mill. Corp'n ... ... ... 510 510 Mof. Hall ... ... ... 16 30 Murphy ... ... ... ... 55 56 Newbec ... ... ... ... 40 40 Noranda. ... ... ... .. 6200 0115 Pioneer ... ... ... ... 41 43 Sher. Gor. ... ... ... 885 875 Sud. Basin ... ... 1150 1185 Teck Hughes ... ... .. 910 910

Tow. ... ... ... ... ... 255 Vlpond ... ... ... ... 123 Windfall ... ... ... .. 09 Wright Har. ... ... ... 208

Biscoe ... ... ... 129 127 |Buckmgham ... ... .. 13 18 Big Mis. ... -.. ... ». 203 202 'Sylvanitc ... ... ..... 220 220

`“'\nhridge ... ... .. 1225 1375

os as 25

1.4.

210 120 00 205

Eighty Years ‘Old

Loo/zingFor Work

LONDON-"Not wo old at eighty" is the slogan ot H. L. Wallerstein. of Hilllhsdon. Middlesex, who is in search of a Job.

1-le speaks eight languages end

laughs at the idea of being too gig for work. l-le classes , himself with those men .who can never retire.

"I feel that I would like to ccntln-

ue in harness." declared Mr. Waller- stain.

I cannot see anything wen, in 50001118 for a. fresh outlet for my "_ tivitiea at this stage of life. The qugi- ifioltiolll that I posses; mug |331, be needed somewhere. 'flies is why I have advertised for empioymqie, “W°"* 'WP' mf Wrlass the time.

andlamnevorhappyimiggrgm at lome teal of otlsar.",

As a Victorian he does not eonlid.

er that sufficient importance is at- tached to quallncaticns in these dl!!-

'*l~\\--xisl. Minus Mblrsddan, es Denial' Ueillld. died recently amuse qc gg IU.

services were held in U01' Ili! MIM and were conducted ll! til) Rav.

\g_gs_U 054.0803- `

is is

"_ 4 ..m.as._.. ._ <

V Stock Quotations

HALIFAX. Feb. 15-Quotations

furnished by Johnston and Ward members Montreal Stock Exchange.

NEW YORK EXCHANGE .

At., Top. dc Santa. Fe. Ry. ... .108‘/3 American Can Co. ... ... ...110li. Am. Car dz Found. Co. 96% Am. Locomotive Co. ..106% Am. smelt. as Refining Co. ...113 Am. Bosch Mag, Co. .. 41% mil- COP. Mining C0. ...lfilti N. Y. Cent. dz I-lud. Riv. R.. R...lB9 Ccnsoiid. (las Co. (N. Y.) 406% Hudson Motor Car Co; 83%; Intematiorfhl Petroleum ... .. 54 Reading Co. ... ... ... ... ...106'.é Southern Pacific ... ..l31 Union Pacific Ry, ... ... ...220‘,é U. S. Indus. Alcohol Co. ,,. ..13al;. Westinghouse Elec. ... ...148‘.5 United States Bteei ... ... ...l72%

.MONTREAL STOCK EXCHANGE.

Abitibi ... ... ... 48% Missouri. Kan. dz Tex. Ry. ...400 Montreal Power ... ... ...111 National Breweries ... _.. ,,,13i~ Steel Co. Can. Com. ... ... ... 59% Winnipeg Electric ... ... 'ls Brombfbn ... ... ... .. 80 Brazilian 'l‘ra.ction ... ... 68% Shewinlsan as can. stesmship com. . 45 _ Dominion Bridse ... ... ... . 99% Massey Harris ...~....... as Asbestos ... ... ... ... .. 19% Canadian _Brewery ... ... ,,, 27% 30110018 Products ... ... ... . 40% Fraser ds Co. ... ... ... . 74 Chas- Gurd. sais Power Corporation ... ... ...114 Fureisn Securities ... ... ... . as Inter Utilities-A ... ... ... .. 45% British America on ..L sais Imperial Oil . . . ... ... ... ... 92

' names

Blllk Commerce ... ... ... ..354 Bank Royal ... ... ... ...ara BWI M°H'-reel ... ... ...avs Blnk Nova scotis .402

WHEAT

Mar. ... ... ... ... ... ...lllit Mer ... ... ...Isa July . ... ... .lam

CORN

M55 on no ess no na use sa 90% "ly an ess no no on css ss-"lf

any °°° °°° lee sae aaa an p¢»I.0aK

OATS

lun sc- an ns no on no as IH( “ly ess an sae see no on an 02% 'lilly ses ns on no no sn cs 50*

_ warn _

ul] no ss, Us ... ... ns --.HSM 'mb 'ie sea no use -ss on “JIU” 050. ... ... ... ni ... s.. ...H355 __-i__i_ Almainis new has only one sau..

~ bw-fwm»=.l°_»»a_~ »

' l

Russia is certain. . .. an

Dear Governor:

ris (recently appointed Ambassador _

‘Y i

, -i.-... ‘ §i§__` ,,

A L I S fl I continues from psge 4 I - ol ' ,

'" ° °"' '°° M "ms Income Secuntzesf-Ea' .

the two countries by which no new - _ _ _ __ ,_

adverse lellslation would be enacted

is no wanna sues must ui. Featuring Safety of Principal and Il\_'i'le1'es`ii

Japanese, they might be satisfied. - 'Ho understood the difficulty un-

der which our Government wal working, because of the rights 01 smtes rg pass legislation _wnich_ sometimm conflicted with the na- . ltional policy and with foreign treat- lies. ._

‘I advised Sato not to take these °

fmatrers up officially at this time be- i cause it might leave u suspicion that jit was done for the purpose of forc-

iing a decision just as the United Statw was entering the war against the Central Powers. I advised that he give me a memorandum of his Ciovernmentfs views so that they might be discussed unofficially, He

Iv"

He is to give me the memorandum when he returns to Washington. He hesitated, however, about putting it in writing, saying his government had not authorized him to take the

matter up officially....

‘The calmness, the poise and the

'placidity of this conference delighted me. We were both as expression- iess as gravcn images, and there was no raising of voices ,or undue empha sis upon any subject, no matt/'f how ` important! l

Colonel lfouse to the President

New York, May ll, 1917.

Last, week the Japanese Ambassa =

.saw the point and agreed to do so.

Dear Governor:

dei- took lunch with me. Before me 339

GOVERNMENT

PROVINCIAL

PUBLIC UTILITY &‘ " ’ ‘

CORPORATION

cess of any financial institution.

.‘_ ¢___ ;..`a,; =**FI¢2’r5'=

' .We appreciate the confidence you repose in us wh`en yell

favor. us with your investment account.

-It shall be our constant endeavor to merit that ,c`o__l_i`, fide.-nce. f -,__,

C. P. STRONG & co. LTDE?

Charlottetown ..._

Prince Edward Island’s First Investment AA A M

Banking House- e

P. 0. Box 452 ~~ _ Phone ogg

0236” ~ swf -_"_-» ,-~_ .

all

Upon the plfosperityl of its customers rests 'tile sunt"

, Ms...

1”* sfi..

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4 i

.r.

.J >~ 'Q

ri T

.i,

i v .

' i

. ii, :', \\i '

ii'

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istlng between our two governments

If Russia swings back to autocratic ri g _

ment between Germany, Japan, and la

Affectionately yours t

E, M. House. _ pr

and of cm- conversation he wanted Ss to know if I did not think it a good sta time to take up the differences ex- la

. . . . fac I lm ¢l’\¢10»S1¥li! YOU U- 1200)' 01’ NS tinction in the present naturalization

ply When you have leisure will made use of for the purpose of de-

you not advise me concerning this priving Japanese subjects of tile

nd. been introduced in Congress rely. ' In this connection, I may state the t that the provisions oi’ racial dis-

lution of the question.

Before concluding, I rlesire to touch

upon the subjcct of immigration, The question whether Japanese laborers shall bc admitted or not, has been consummately solved by the contin- ued faithful observance of Japan by

me object in view has, I under- ‘ vinced that eafh means will go 8 namely, cancer of iimnhr 3

long distance towards a complete so- His failure ee»gttg|u,hi5 l

70th birthday rec,en_ti&&t sul, = called public a.t0e!_ltion$[t.o h tion. At that time,_lt yas sal suffering from "in‘f'luéfi`é. 5, _ The illness," acéor@tQ to il _

formant is in ddvanhdl I

ovemnlent, I think a. close align tu

ghts and privileges of a civil na- re. Although the wisdom of the

w is in itself a, matter of national

letter and the memorandlun and my law, were, in a number of instances. re _ ,

d international concern, thc unfor- un

ate circumstance that certain

visions of that law furnish a pre-

Although of later date. the follow- text for the impairment of alien civil

_ing letter- indicates Houses interest rig

n tile Japanese problem which re

t the Peace Conference.

Colonel House to the President Go New York, September 18, 1917. en

. . . .I had a talk with Roland Mor- su

his, should, I may be allowed to mark. constitute a fit subject for

doubtless affected his opinion two leg

years later on tho Shantung question

isiatlve attention.

Tho comparative merits of econ

means should be studied by born

vernments in the iight of expedi-

superior to that of the Westem pow-

sees this clearly but needs your sanc-,

which calls for an immediate adjust- ment, is that of the treatment of the re. sident Japanese in this country. What

to Japan) today. I hope you will E) see him for ten or fifteen minutes ,at before he lenves for Japan next

cy and feasibility; Whether the

adoption of any one nieans mil ‘a

fficient to cover the whole ground

a matt/er upon which precaution

rbids 'me to pass a final judgment present, but I am strongly con-

the so-called Gcntlemnlfs Agrcclnenf.. So far as the Japanese Government is concerned, it is no longer in the realm of living questions, and in my view, it would serve the best interests of both nations to leave the question as itis.

BROTHER. OF KAISER

VICTIM OF CANCER

BERLIN, Feb. I5.-The Associated

Press has learned from trustworthy source that Prince Henry, the form- er Kniser‘s brother and one-time connnandcr-in-chief of the German

navy, is afflicted with the same mo- lady with ,which his father, the late Emperor Frederick III, was stricken,

Tuesday, in order to give him your, viewpoint as to Far Eastem ques- tions I think he has the right view himself and, if you agree with it, he will understand in what direction to

proceed.

We cannot meet. Japan in her de- .

sires as to land and immigration, and ` unless wo make some concessions in, regard to her sphere of influence ini the East, trouble is sure sooner or later to come. Japan is barred from all the lmdeveloped places of thc earth, and if her interest in the East is not recognized as in some degree

ers, there will be a. reckoning.

A policy can be formulated which

will leave the open door, rehabilitate China, and satisfy Japan. Morris

tion, if, indeed, such a policy has your sanctioli.

Affectionataly yours,

‘ E. M. House. |

Ambassador Sato's Memorandum , The Japanese-American question

Japan desires is nothing more than the enjoyment of the most favored nation treatment. That desiderat- um may be attained in my personal. opinion. by the adoption of some of the following means: , -

, 1. By Treaty,

a. By concluding an independent.

treaty, mutually guaranteeing to the citizens and subjects. the most favor- ed nation treatment, in matters oi' property and other righ‘4 relative io the exercise of industries, occupations and other pursuits. Negotiations ln this line were for some time conduct- ed between Secretary Bryan and Am- bassador Chinda, which, however, for reasons I need not here state, have since been in abeyance.

b. By revising the existing com-

mercial treaty between our two coun- tries, so as to mnforrn, in its stipu- lations, to similar engagements be- tween Jepan and various European powers, which guarantee, in princi- ple. the most favored nation neat- ment, in the enjoyment of property rightsandinailthotreiateatothe llllrlllit of industries, calling; and ed. ucationai studies. `

2. By American legislation. Althwlb the subleot is not fit for

international discussim, it may be mentioned that a constitutional amendment Nstfaining any Stats from making and enforcing my law discriminatory against liillll in li- spect. to the property and other civil rights, will prove A farmaehiq Nm' - '!l~ _ “Nt Llxaisiiaa iiiliuiet.

“Protect

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CANADIAN Jawbilans'

ToRoNTo,_ om, ago. ‘

Canadian Jewelle\'s',_ .§$ciak.‘f ` in me lung nqwmjqawwr il __ ;

discuss phases of _tho cwelr ' ness. Thc i.al'ii`i nditisaellt 6_5' the lnallui`acLul‘cis` 8011 whil-

who caine from 0rrt\rio\and‘

Cylinder watch .lIi0\0%lts

desired, they discove;g'and ingly petitioned tba. Qlgiste

toms to apply a__drut,v of 75 :lg 4

each. A comnlittce \\'i`l_I`_`§djju5@ r `on all jewelry `ailci"aliRd 1il'»_ all appraiser will-'l1e"lnppoim' »

represent thcijewelryfhrade. » ` ' l

THAT |.Avs rl-|e.;;~

. ootoen Eoo,sf-~»

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f"_'°Acclpg|, . Let - -_

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~ TRN _ _ MM.

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Gs'éE\=-we O 5 s2e'>'s

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your children.

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\ ..l.."" _#__ _’ \` 'c "KN

POSITION, Life Insurance will conserve your home and guarantee an edoc

SUCCESS in agriculture or business is madc more ccrt ain by investing ca

systematically in Life Insurance. _‘__ ,

_ . -e; ,

'\`.\rs`l

,. .,`°

» is

-4 ML! nruuna

pays a pension to its policyholders who become totally disabled by accident or illi`\f&'\

~t.

port. lhgular saving in productive years will provide comfort in old age. Ask for psrticulars of our new Pension Policy.

ies show substantial dividend earnings in addition to cash values.

Great-West Life policies are well known for the unusually large grants tisey-QQ

I suitable contract for you, or write or call on

for the policyholders. and their low coat. Have your local Great-Watt Life Meat

. ~ libel

Hyndman €s° Company Linlitelf

-iv

CASE when protection is no lmger required the policy may be oolisad Ill, or Gill Qs seeds left on deposit with the Company at a high rate of interest. “With Prolt",po|ki

_.4 “

w oi

' J. O. HYNDMAN-President Ni

’\‘

Provincial l\r.mge..-'rho Greer-ws.: Life Assumes

Omen " Lewsrqssea sheet Chriattstewa

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OLD AGE COMFOBTS St atisties show that 65.38% are dependant an other; for mg. ' Q

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