. F"&WCO.

JANUARY 20. 1931

Fﬂgr

ed highways in this Province traffic, except in such cases

Dated the 31st day of Dec By order,

Clerk of

FOR slits

That desirable large double-tenement residence gt the Corner 0f F illfﬂy and Queen Streets in this City. This house is the property of the Estate of the late Henderson. It is up-to-date in every respect being equip. ped with all modern conveniences and improvements.

For further particulars apply to

UNION GAS COMPANY’ or CANADA, tummy

We have prepared an analysis of the Capital Stock of thin Company. Copies on requcsr,

PITFIELD. a COMPANY 157 Hollis Street, [burn

situate

William

S. DesRoches, Solicitor,

Canadian Bank of Commerce Bldg.,

Charlottetown

NOTICE

PAVED HIGHWAYS CLOSED T0 Moron VEHICLES

Commencing on this date, until further notice, all pav-

are closed for motor vehicle where the total weight of

vehicle and load does not exceed 4,000 pounds, and except in the case of regular passenger bus services and in other cases where special permission is obtained from the Min- ister of Public Works and Highways.

Anyone driving on Provincial highways contrary to this order shall be duly prose

cuted. ember, A.D., 1936.

P. S. FIELDIN G,

the Executive Council.

Advertising Rates-

2o per word; in lllemorinm Notices, toulritunl Offerings, Carlin. etc" do pe

word. Utircr rutel on application.

12.113211?

FOR Sﬁ"‘—-SLAB WOOD CUT 1N stove lengths. $2.00 per load. De- lirered. M. F. Walsh, Coal Yard.

11-2248-1-15-18-20.

FOR SALE FEBRUARY 1st — small used electric stove. Also double bed. Apply Guardian.

L-231B-l-l9-2i.

\.__

RUBBER GOODS 0F EVERY description, mailed in plain “Tap- per. postpald by us. Write for mail order catalogue, saving 50 per rent. P. O. Box 91, Dept. W-10,

‘gntiiiomOnturlo. 849-1-11-121.

Boardersjllfantedtﬁ

BOAIIDERS lVANTElb-CENTRAL location. Phone 537. L-2308-1-19-3i.

TO LET—FURNISHED ROOMS. Ab" nnrt of furnished house. Central. Apply Guardian.

L 2340-1-20-31.

“WW-Winn norms wwrwn. ‘lhvo m- thrm- mom: or eumll ﬂat Wanted. Write Bow "Y1 " Guard- ian. L-zsit-tia-ai.

Wwrrn _ cwvauar. w R w. s n mil/u‘ pnwn R_ L‘ D§WQFH Alknntq P n. Island. L-2333-1-20-1i.

5%‘

Professional Bards

-—__._

Chartered Accountant

140 Richmond Street Phone 47. P. 0. B418 ll-

s.‘

McLeod & Bentley w. a. saunas. K. 0.

I l. A. nnwrnnr. n. o.

lIrrlm-rs and Attorneyl-nt-IAI

I MONEY ‘NJ [JOAN .

M. ALBAN FARMER

llmaisran. soucrron. no Mona! no was "Macs-mom. Charlottetown

m

Alex. W. Matheson

linmsrnn. soucrron. arc ollcner to Loon Collections "w l0 Great George strut.

\

Payable u ulvrnii”

Control Gunrdlnn Inertia, 4o per word; Western and Eastern locals, lo Der word; Announcements and Corning Events 2c per word; Classified

70c per inch; Lists oi Floral and r name; Letters of Condolence 70o

oer inch; Notices oi 'l‘huults and Apprccintion, 70o per inch or do pol liiniinmn Charge for any advertisement twenty-live cents,

QEQQQE

Miscellaneous

TWO BUSINESS GIRLS DESIRE board and room in private family. Write C. M‘. care of Guardian.

L-2342-1-20-1i.

ACCIDENTS WILL HAPPEN; why not protect yourself against

loss of time occasioned by sick- l -

ness or accident by insuring in

the Mutual Beneﬁt Hea.th and ‘ Accident Company. Agents war 1d. Consult J. A. Moore.

Currie tiildlng,‘gharlottetown.__

Work ﬂeets;

RELIABLE MAN WANTS WORK. Write C. care Guardian. L-2323-1-l9-3l.

NEW’ YORK C1711]!

(Cunudlun Press)

Nina-ks --- (Pf? Aunt-r (‘yuu R u-l/i Amer Hus l-linu- W -- 5|". ]‘t|\\'\‘l‘ 2-,: 17V; 47k an", i‘ 141,;

l0 72% t: r mi lH-un 41m liutulilt» (ill 33511

MARKETS A'l' A GLANCE

Toronto and Montreah-Indust- rial stoc lower.

Tor-onto Mines-Metals oils higher.

New York--Stocks closed lower.

Winnlprtp-Vifheat down 2 1-4 to l 3-8 cents.

New York-Cotton lower; sugar unchanged.

FOR SALE

At Cape Traverse, desirable dwell- ing, barn and garage. Conveniently located. Near Churchtl, Schoill» Store, etc. All in good condition. Electrically lighted. Anal! i» MRS. KENNETH CAMERON. Capo Traverse.

lower ;

L-22o5-1-1a-20-22

"tTzs | a nr eximiuuou

Fitting and SFapIyIng Clones

n. .1. tum a

OPTOMETRIST MnN1‘\GllE. P. E. |. 0m" (‘rnllt"lfl| With 1 Drut ' "'~

3'1‘ HE CHARLOTTETOWN GUARDIAN

STOCK QUOTA TICNS

Morning Stock Letter

(Received over Pitficld and Co's Private Wire) NEW YORK. Jan. 19—The Lon-

and American stocks are about the

next move in the General Motors SW11“ mill’ some from Washington, Governor Murphy has gone there for the lllllllural. While there, n. is believed. he will confer with of- ficials of the Department of Labor. Sear. Roebuck in its spring and summer catalogue has advanced ti r prices five per oent. Yesterday the president named a. committee of flvc with Secretary Ickes as chairman to report within two veeks, making recommendations Y0!‘ legislation that will form the basis for a national power gener- ating, transmitting and dtrtrlbut- ing policy. The market in the last half yesterday gave a rather good account or itself but there is very .little news today to give much en- couragement to aggressive buying. Nevertheless, we would look [or selective strength.

MONTREAL, Jan. l9—Cement production during October gained 9.6 per cent over same month of i935. First ten mouths exceeded same period of preceding year by 23.8 per cent. Lime production during October was up 17 per cent, ten months increased 6.6 per cent. Employment Index of a Dominion Bureau of Statistics annual aver- age for index 103.7 for 1936 con- ' asts with 99.4 in 1035, 96.0 in 193'. and 83.4 in 1933, the low of depression. The 1929 averages was 119-0- Copper-U. S. Mine and scrap production declined during

N. Y. Stock Exchange

(Supplied by Pltﬂeld d; Co, members oi Montreal Stock Exchange and Curb Market)

Stocks Al (‘in-in

(flies Ohio Ch ry s ir-r

Dul ut _ lllr-u Auto Lt lvllec l'i‘ Lt Flrtmluliﬂ Gen Elm" (ii-u Foods Gen Mot Goodrich ilotul Tire (it Nu Pfd llutl lint Co! ill (‘on

lllt llur _ lut 'l‘|-l 'l'rl

Johns .\luu

hon Iil‘('4ll t 6 Miss Paw

‘ blur (‘orp ~.\‘ Y Hen

‘Nat Past. Rog New York N I Nor Aiu Co

Nor Pac

Pliuk Mot Puruuiouut Penn Ii R

. uili Put- Sltl Ull llul Sid (lil N J Siurlo (‘o Tex 1'0 built-ti Furp l'niti-il Drug

z .-

2153

. ,5‘; £15

-.~'i l'uiuu ' It Elm- Woulwurl l|

Produce Prices

MONTREAL, Jan. 19 — (CP) _. V/heat, Nor. No. 2 $1.31 1-2. barley, C W. No. 3 .91, oats, feed, No. 1 .60 1-2, No. 2 .59 1-2, oats, 'c.w. No. 3 .61 1-2.

Flour, spring wheat patents, ﬂrsts $7.40. seconds $7.00, bakers $6.90, winter wheat patents. choice $5.60 in $5.70, white corn $6.50.

Bran, ton $34.25; shorts, ton $35.25; mlddiings, ton $37.25; roil- ed oats, bag 90 lbs. 83.65; hay, No. 2, per ton, carlots. $9.

Cheese, .13 to .18 1-4.

Butter, .24 1-2 to .25 1-2.

Eggs in cartons: A-l large .32; A-l medium .29; A-1 pullets .27: A-large .30; A-medium .28; A-pul- letsadld; B-iarge .29; B-medium .28 C . 6.

P ‘ : P. 11.1. No. 1 Mts. 90's $1.90, N.B. No. 1 Mts. 80's $1.45; Que. No. 1 Mia. 80's 81.85. MONTREAL. Jan. l9 — (C?) - Prices held about even on Mont- real open produce markets today with butter a little steadler. Graded egg shipments in carlots or less were quoted at 25 cents a dosen for grade A-hrge. 98 for A- lnediilllf and '71 for A-puilets. Butter was quoted at 26 3-4 told cents per pound for earlots or ices of No. 1 while lots to retailers were 27 for solids and 27 1-2 for prints.

Ohsessnsgttoisdltlltoll x

don market is quiet this morning,

same as last night's close. The‘

December gained 4.6 per cent. Shipments oi refined copper dur- lng December gained 22 per cent but foreign imports declined 19 per cent. Total stocks on hands oi refined copper declined 6 per cent in U. Ssduring December but fol- lowing stocks increased 5.7 per cent.

Pullman Inc-Enters year with approximately 53 per cent of un- filled orders for freight cars on the order books of the four lead- ing manufacturers.

Baldwin Loco-Unfilied orders for 1937 delivery 134 locomotives compared with 130 [or American

vcomctive and B6 for Lima Loco- motive out of a total o: 36s,

B. 0- l we‘! December gross cam- lngs increased 9.1 per cent and net 8.8 per cent over same month a year ago. Six month; period end- lng December 31 revealed gain 7.7 Der cent in gross and 4.4 percent in net.

Great Lakes Paper (Id-Interest July 2, 1938. Interest due April 1.

est will be paid on deferred 1n- terest at rate of 5 per cent.

Brazilian Traction received con- tract from Brazil government to supply electricity to the Central Railway, a government unit. A minimum of 8,000 kilowatts will be taken. Government formerly 1n- tended to construct a power plant in competition to Brazilian Tract- ion.

Mt’! Stock Exchange

(Supplied by Pitiiolﬂ & Col, members of M ireal Stock Exchange and Curb Market)

Close 1001., 2117f‘

storm: 0n"! lit-ll Tu!

liruziilun

iiruek silk l5 t! Pow A ltuild Prod (‘nu ‘

ling lﬁli-i- A ling H104‘ B Pound (‘o iii-u Si. \ u: tioinlyi-ur liypsutu liuiu lii-itiga

Luke Woods 42.13 42 hiss-soy liar 1 u Alt-Poll Ft D14 Mont Puu" Nut Brow .\'ut St Cur Norainiu Power (‘tlrp gsy‘ lit

st bilW PM Sou (‘nu Puw SI o1’ (‘uu

\\'ili Bloc B

Currencies

MONTREAL, Jan. 19 — (CP) _ Pound sterling declined 3-16 cent on Canadian commodity exchange today to 4.91 5-16. The French franc declined .01 cent to 4.67 cts while the United States dollar held unchanged at 3-32 premium.

NEW YORK, Jan. 19 __ (AP) _ The pound sterling and French franc declined narrowly against the dollar in quiet foreign exchange dealings today.

Sterling fell off 1-8 of a cent at 4.90 15-16 and the franc dropped .00 l-B of a cent to 4.67 1-8. The Canadian dollar at 3-32 cent dis- count, Netherlands guildcrs and Swiss francs remained unchanged.

NEW YORK, Jun. i9 —- (AP) — Foreign exchange steady. Great Britain demand high 4.91, low 4.90 7-8. close 4.90 15-16. 60-day bills 4.90, France 4.67, Italy 5.26 1-2, Belgium 16.86, Gemiany 40.23, Canada .99 29-32.

BANKS

(Supplied by Woodailteadc 1nd Company liuukn

Hid A ski-d l'iIlllllIi‘II.'(I 20H

Novli Ncutla liuyal

Toronto Total tluius sales T1200.

iii TORONTO A \ I. RAGE!

(Supplied by Woods-Rondo and Coni- IPIIILV)

iiiilllrllfllllll mam on‘ 1.041.

thrills llitL-IN off .27.

“flu lit! f

1-4 cents per pound for Ontarios while Quebecé were unquoted. Potatoes: P.E.I. Mia. 90's $1.90, N.B. Mia. 80's $1.45, Que. Mts. 80's $1.35.

MONTREAL, Jan. 19 — (OP) - Butter declined narrowly on Can- adlan commodity exchange produce section today while eggs held firm. Butter spotr-Que. regraded 251-2 to 5B. Que. fresh buyers-insti-‘ction 24 1-2, traded, Western fresh 25 1-2. traded.

Cheere spot-amounted.

Eggs spot-Ont. A-larue 27a. li-

inedium 24a, A-pullets 22a.

due October first 1936 deferred to l 1937 deferred to July 2, 1939. Inter- ,

Stocks

vtsiitnivt tout MARKET nuotijiuvs

Corrected For Every Wednesday 8n Sat- urdays Issue.

RETAIL IARKET

I

‘Celery bunch

l (‘at-rots Potatoes pk Turnlps Spinach Parsley bunch Cribbage head ‘Tomatoes ripe 1b Vegetables marrow lb Squash lb

i Pumpkin lb

1 ilpples pk

lion-ts pk

Stonk lb

lttmst beef

Sit-w merits

(‘hit-ken t-tu-h

Inn-kn

liullvr lb

lluttun Ab

t‘ utu

Onions A (‘rnuherries nit 'l‘urkc.\'s lb Pork lb

MINING

u, .1‘ ,Close

Stocks Armc- Gtll Oil Afton

Ajax Oil Aitit-ruiuc Alexandria Algoiuu 5% Anglo Huronian Antony

Arltlfltrld Astoria Rouyn Ba m: mut- Bzinkfit-ltl

Base Metals llr-nllie

Bitlguod

Bl}: Missouri Bultju

Elrulorue

lit-wt Treihewey B R \'

llutTaln Aulteriie Buffalo Canadian Bunker Hill (‘ole litiuiouton (Znlintmt (‘llllillllliil Mill

(. _.

IlIUO

tie 'l'rothew'ey (.ntrul Patricia (‘eutrul Porcupine (fr-u liluultoha

.‘ Ylesearch (‘liilmuguinau (‘iiroiniiim (‘liurvliili

(‘Ii-viny-

('||.l.\'| ('n|\|\l‘l‘ (‘uliult i'irnl:li'l

lIullu-ui-ilt: Ull ill Qisi-oo '11 lllillllC

Fzili-uiiliriilge

lH-d ul Kirk ." Foothills i’; Fruin-tn-iir ‘ (ileuoru ‘J41 (toils Lake ﬁli (iulnlilln 45 (lriliaiu B \ Iii-voile Stabello

Guunur 111; lluli-ruw

llurrl Rtlik

llurkr-r

llulllugt-i-

lluulc Oil

ilr-itir-ntcuti ' Hour-y ' Ailillaltlll ‘lay $1.114, .l .\l l‘ us 44y, Kirk liud 2m Kirk luiltc 157 Kirk ‘ran-unite 34L‘ Lupuvutllllllc 12-": Lulrunn 9i llakr» Huron 5% Luke Shore $5700 lnuuique Contact 17 Lnvut-up 81> Lulu-l Oro 22V; IAN‘ (lulil W, l. l. linc 750 hiur-ussu 775 \l:|<-l.<-u<1 C 400 Alulri-hlr: i hiuuiiobn East 11% .\luiuiy 53 Muplt-

.\l:

.\lt'\\'lit-lers Mining Corp .\liuto Hour-ta iTriN

Si. Kirk .\l »

llll iNlirh-n (luicgu

Usisku

(Jil Selections Puiuour Purklilll Puuloro Payniustcr Pond Ureillo Perrnn Peterson Cobalt Pickle Crown

in»

Pioneer .

Porcupine (‘town 7 I'u\\'|‘ll Rouyn 1017 Premier 4:10 Preston i6 Home Ml Pros Airways H0 Out-DOC Uultl iii) lit-ad Auibler n75 Retl Llike i311 Reno Gold 1:2 R111: e 8 Robb Mont 10% Roche 43 lloyalite 4900 sun Antonio 280 Nhnwkoy so Shurrilt 310 Slut-ire 115:, smut-u Malnrrlc 11'!» Slutlua-uuai ll?‘ .\'utlliury' iiusln Iii" rliulhury Printout if! llttrlbury Mines 3% Sitllivan 211i Nylvunlto 410 Tashota ill Tuck Hughes 5R0 ‘ll-xiii: Canadian 210 Tuliuin 435 TIHYIIHIIIIIIC 152 Ventures 301i _ Wuyilltle _ ti“ Wnltc Amulet 540 \\’|' lil Ilar 7R1

Ymlr Yankee .1-

'l‘u|ul miz-luu salon 2.ll0'.'.000.._._...

"ronourc. JanI-IB-"(CPI-The

l

THE

UTUAL

Assurance Company

i OF CANADA l

Btablishod i869

61th Annual Slolemenl

PROFIT AND Loss ACCOUNT ' for the year ending December 31st, I936

' , Surplus Fund: as at December 3lst, I935, consisting of:

INCOME

Premiums (neﬂ I I possible losses) -

Proﬁt and Assets

I I I

horease in Actuarial

Special Charges:

meats - - - Staff Pensions o 0

Total s l I

Dcducl: ‘

s a s s s 92,45.“ o a a e $3,920.00 i 246,335.64 , NeiAmountTransierred to Surplus Funds o o o a 0 a s $ 4-455-37519 % o a s a o s o o o I $0,970,291.85 surplusPcidorAlloiicdtoPolicyholdcls o o a o s o 33351469471 ii l? l! 5 z.ooo.ooo.oo L! 900.0001“) ‘

4,834,322.33

stubbornly in the late afternoon. Volume was the heaviest of the month at 2,602,000 shares.

Several issues traded in decid- edly heavy volume. Federal-Kirk- land traded more than 400.001 shares and advanced 7 cents to 38. Bralorne scored an advanceof 45 cents to 8.90 on news of the dis- covery ot.’ a new vein.

Borne of the decline were 25 cts for Macassa. 175 for ning Corp- oration, 10 for MacLeod-Cockshutt. and 12 for Chibougamau.

Dalhousie held 20 cents of an early gain of 40 cents and Home held only 5 cents of a 35-cent ad- vance. Rvoyalite finished at 49, up 5 points. '

Noranda and Hudson Bay led the base metals down with losses of 1 1-8 to l 1-2 each. Waite Amulet dropped 20 cents.

BANK! ....

(ﬂupplied hy Pltlieid and Corinth"! Members oi Montreal Him-It Elcblﬂl! nmi Montreal Curb Inrlu-i)

nining ‘lat headed downward to- rlrv, lcd l" the base metal= anrll 1.. d p.

with-h advanced strongly in the]

nme extent by the oils t ,,

mum; 0pm (‘lose

Ill: of (‘All

lik of Pom no '.'lo ill; i~i \|il ‘J-‘Uv ' '1 it ul‘ N F

Knylli iii 22:: m

General Investment Reserve - - - . - Policy Reserve Adjustment Fund - I - - Free Surplus for Contingencies - - I

Supplementary Contracts - - - - Appreciation on Ledger

Amounts Left on Deposit - - - CommissionsT-axes and General Expenses Loss and Depreciation on Ledger Assets Amount Written OF Head Office Premises

Surplus Eomingslor YcarI I I I I ' '

Gsnerallnvestmenl Reserve - ~ - I - Policy Reserve Adjustment Fund - I I I

l

! Surplus Funds as at December 3lsi, I936, consisting of: l

Free Surplus for Contingencies - I I I I

l

I Again Juslifies Public Confidence l i II

. 9195013124

bteresi and Rents (after provision for

7, l I 6,870.70 2,994,307.40

l $2,646,133.81

Reserve and 7,0 I 5,445.28

3,338,346.76 358957.20 50000.00

Speciﬁc Reserve against’ Loss of Prin- elpalyon Mortgages and Sale Agree-

Ouislonding Features of 1936 Statement

Insurance in iorcelexcluding Annuities)

i . l increased by $10,523,101 to $537,895,287 i

Assets (all owned by the policyholders) _ Increased by $8,475,050 to $161,106,207 T

Special Reserves and Surplus Funds ii Increased by $1,200,861 to $13,153,903 |l

i l

! Terminaiions decreased by 11%

l Amount paid to Beneficiaries under death claims $3,500,000 \ Total paid to living Policyholders $10,500,000

|

The 67th Annual Meeting of the Policyholders will be held on Thursday, February 4th. at ll s.rn., at the Head Ofﬁco. Waterloo, Ontario.

M T’L. CURB

(Nupnlii-al by Pliiield nnd Company Members oi Montreal stock Exchnnle and Montreal Curb Market)

Stocks Chm Allltihl 9 Asbestos 104 u A ou 21* lh-atiiuintuls I”: lirr-u» rorp 3h liuiiiursi A l" (‘uu Vicki-rs |_lf‘i lmu l-"lr lluui 'l'ur l1 i-irusor T a i312" v llir Walkel 43% Home Oil 31,0 imp Uil 11% lni. Pete 352i‘ Price M” Price Pid

Roylllle 45 45

UNDATED MONEY BOX

(By The Canadia Press! closing vxcltanilo rates: , At Moiitrt-al- Pound 4.91 5-l6:' franc 4.67. 11S. (iollar $1.00 4-32 At New York Pound 4.90 l5 l6

franc

$ I 100,000.00

600,000.00

4,7 I 4.9 l 5.56 ----s

49,233.54 -——--—$28.i 10,594.96

EXPENDITURES AND RESERVES

Death ‘and Disability Claims, Metered Endowments, Surrenciered Policies Supplementary Contracts, etc. -

$3,408,883.05 S 4,701,711.93

[t l. W. H. SOMERWLLE, General Manager.

4.6T, Canadian dollar .99.

‘PAGE FIYE“

51.514.915.56

$ 7,734.822.38

R. O. MCCULLOCH, Prsridnni. I 1 l i i _ i’ early sessionuéand VgaveTAgi-ound

At Paris-Pound 105.15 fin. US dollar 21.41 1-2 112. Canadian flui- lar 21.39 fr. y _

1n gold-Pound 11s. ilri. l. fr» dollar 59.44 cts.. Canadian dot.»- 5939 cts.

GRAIN

Wm . 19-101’) — A lmicgfrfp in foreis" ‘l9’ lam-mi u wheat failed to halt ear- mandd fir“ glumps in futures 01'1"" Li. atflbe winnipes Rm" ”~“"""‘“~°‘ will; close was 21-4 to l 3-8 rant‘- lower. May at $1.22 1-2, July S‘- 1* 3-8 and October $1.08 3-4. hl-ly was under heavy pressure as 1111i‘- densome selling from OlllSlfii‘ 111W!‘- ests entered the market.

A pro-closing rush to buv \\‘ll!“8\ for export. brought. the clays sums for movement. abroad to 500,000 tiushcls.

Spreads .\‘l\'i\\'QCl little chance in the cash-grains section. (‘o-arse gran“ tiricec eased with “limit.

lu- Wlunrifs for Bites.

v»-....._...-.