SOVI LEADERS IN P
n --x---
D tT'm”N i'7 g retain in the forces the competent , M J; .,y .,gt,w.. . xww. trained men whose services are ..i .. ' . fm A h incr
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- wages of good private employers
Announce Pay
.
OTTAWA (CPI - Pay increases amounting to SMJIILE for the armed forces. both regular and
e ruerve, were announced today by
.Defence Minister Pearkes. They are retroactive to May 1. I957.
The increases place heavy em- phaslsoatrades skiil.Aboostln tradespayofnpereenthaabeen granted in addition to increases in basic pay. some il1.0tI me'mbers of the regular forces and about It.- son reservists are affected.
The average increase in basic pay is about six per cent. FORCES FALL BEHIND
Mr. Pearkes said in a statement that armed forces pay had fallen behind comparable salaries and
and that this disparity had become most significant for skilled trades- men and professional officers.
"To correct this situation and to
Czech President Antonin Zapo- chev as they review honor guard
tor, let i. accompanies
Russian at Prague. Prague radio said the
Premier Nikolai Bulganin and So--.Soviet leaders had come to the
viet Party chief Nikita Khrush
-lCzech capital for "discussions of
RAGUE
1 great political significance."
(AP Wirephoto via radio from pl-ondoa.) I
COMING EVENTS
Dance Iona East School. every
Monday night.
Kelly's Cross Picnic Wednesday
July 24th.
Tuesday. Good music.
Dance Summerville School Wed- nesday. Good Music.
Regular dance Bonshaw inn Tuesday night; Burns Orchestra
Dance Mt. Stewart Hall. July 16th. Rollie MacKenzie Orchestra.
Dance Pembroke School July i8th. Good music. Lunches.
Barn Dance. Garfield McPhee's Bi-ookfleld. Wednesday. Burn's Or- chcstra.
.Barn dance at Garfield Mac- Pliee's. Brooktlcld. Wednesday night. Burn's Orchesra.
Bazaar and ice - cream social in Millvale School, Tuesday. July 16.
Dance every Thursday night Cardigan legion Hall, Websters Orchestra.
Dance. St. Peters. Holy Name Hall. every Wednesday night. Clifford's Orchestra.
Barn dance at Wilfred Fogartys . Seven Mile Road. Wednesday. July I7. Websters orchestra.
Strawberry ice cream festival on f Re-united church grounds. Thurs- . day. July lath.
I Dance. New Zcaland School. Thursday night. July lath. Chais- . son music.
Enjoy strawberries. ice - cream and cake. Harrington Hall. Tues- ' day July ltith. 0 pm.
Come and enjoy your favorite ice cream sundae with cake at Cornwall Hall. Wednesday, July 17th. in aid of York Point Institute.
ice cream social and dance at Bennct Maclsaac. Thursday eve- ning July lath. Earnscllffe C.W.L.
Regula weekly dance at Stan- ley Bridge Rink Hall. Tuesday. Music by Meilowaires.
V Dance at West Royalty Hail .every Wednesda night. Rollie MacKenzies Oriicestra. 0.30 - 12. I0.
Kingston Branch Canadian Le- .gion Picnic. Wednesday afternoon July i'fth. at Henncburys shore. Nine Mile Creek.
Show Rolloway Hsli. Thursday. -July 25th. violin playing. dancing and singing: also the Burke fam- ily. followed by a dance.
Festival and dance at Bristol
School. 'v-"ednesda . July 17. if
'-rainy. come Friday July 19. spon- sored by Trustees.
Hear Ti mbodour Lem Paqiiet jwednesdsy. July 17th. over C.J. 4R.W. Summerside. singing on be-
half of the P.E.i. Highlander's Re- "UNION. Time 5 o'clock.
Cherryivalley Ledies' Aid Lawn - Supper. July 17. on Donald 'Mutch's lawn starting 1:1). It . raining in Cherry Valley Hall.
I Chicken and ham supper Grand-
. view Hall. Wednesday July 24th.
. Supper served from 5 to 0. Dance after.
I Old time Flddling and slep-danc- hg contest at. Margareta i-fall. Friday July 1!. Good prises. send
tries to Mrs. Robert Gallant.
Bell Sliarelio
Iders Take On
Much Of New Stock Offered
By FORBES RHUDE
1 Canadian Press Business Editor iers live in Canada-90.4 per cent skill to an Increase of 8400 a year Dance Lorne Valley liali every
- "We put 31.068000 in the bank ithis forenoon and will deposit an- yolher Sl.000.000 this afternoon- iand this has been one of our slowest days." , ,
The speaker was an official of Bell Telephone Company of Can. ada and the place was the special headquarters in Montreal set up to handle the company's current offering of shares to its sharehold- ers.
The big morning and afternoon deposi were that day's part of the flow of cheques ranging from 334 to thousands of dollars which pour in daily from the Bell share- holders across Canada.
The whole transaction might be described as another chapter in a continuing company - shareholder romance with few parallels any- . where.
.PAss THE TEST
The willingness of shareholders to put up a large'part of the money required to finance the company's huge expanson pro- grams. and the record of the com- ipany in justifying their faith proves the validity of the ro- mance. So far. neither has failed the other.
In eight previous stock offerings since the war. shareholders-in- eluding new shareholders - have put up more than S365.000,000. Now-in the period. June I9 to July 28-they are being asked for some 875.000.000 more.
In the 42-year process, share- holders have increased in number from 25.000 to nearly l43.000 and, although the majority of the cur- rent lssue will be taken by present shareholders. probably 10.000 new ones will join the list. By year- end the total is expected to reach 155.000.
WIDEST HELD
This makeh Bell the most wid- ely-heid stock in Canada and. by the end of the present issue. only about I0 U.S. companies- desplte the much larger American population-will have more share- holders.
On the basis of June 0 figures.
pM.l per cent of BelIs' share-hold- in Ontario and Quebec-and they hold 91.2 per cent of the com pany's stock.
Because the post-war offerings have not been registered with the American Sec u rit ies and Ex- change Commission for sale in the U.S.. Canadian ownership has tended to increase.
The American Telephone and Telegraph Company, for instance. held 22 per cent of Bell's shares at the end of the war but now despite the fact it has sold none of its stock-it holds only slightly more than four per cent. EMPLOYEES BUY IN
The biggest group of Bell share- holders. in fact. consists of some 11.000 of its own employees and pensioners. who among them own eight per cent of the company and are current buying into it at the rate of about 87,500,000 . year under an employee stock- purchase plan.
The current issue consists of 2.229.826 shares (compared with l5.60a.705 already Issuedl; is being offered to shareholders of record June 6. and it is the biggest- offerlng of a company's capital stock ever made in Canada.
Under the offer each sharehold- er is given the ”right" to buy one share for each seven shares he now holds. The offer is at 334 a share. or consiersdbiy beliw the 840 or more he would have to pay on the open market.
To date. close to -ao.ooo.ooc has come in and Bell officials are con- fident that more than 00 per cent of the offering will be bought by the closing date. July 26.
In I956 an offering of l.'fii.30l shares at 837 a share was sub- scribed 99.51 per cent.
Back of the large amounts of money needed is the drama of Canadian growth. in the five-year period 1954-1958 Bell is spending on upansion about the cost of the St. Lawrence Seaway and power development. This year it is spending an estimate 8t83.000 - M0 and next year expects to spend Slll6.000.000.
HAMPTON
Congratulations are being ex-g tended to Miss Phyllis bucillep Large. daughter of Mr. Eldon Large and the late Mrs. Large. and Mr. Roy MacDonald. whose marriage took place at Charlotte- town Baptist Church on June 29th. They will reside in the city.
Congratulations are being ex- tended to Miss Burdens Mae Rob- blee. daughter of Mr. and Mrs. George Robblee. whose marriage to Mr. Gordon A. Canfield. son of Mr. and Mrs. Heber Cenfield. of twestmoreland. took place on June 29th. following the bride's recept- ion largely attended. held in the Tryon Baptist Hall. and a wedding trip among friends and through places of interest and beauty of Nova Scotia. This young vopui-r couple have taken up residence at Westmoreland. it is understood 'uui suite I num ber of our young people purpose attending the young Peoples Camp at Augustine Cove. on July 3-28 directed by Rev. Donald Mc- Claire. minister of Baltic United
Baptist Cti rch. Mr. and giro. Jack Maclochern accompanied by their dough .
Key. of Desable. have returned from Montreal. where Mr. and
Charlotte. and Miss Charlotte Mc- 08
wedding of their son Gordon to Miss Joan Marshall. congratula- tory essages are being forward- ed to this esteemed young couple. both graduates with degrees from McGill University.
Our young people are names- aing much interest in the announce- ment by Mr. and Mrs. Clifford Sheri-en. Hampton. of the forth- coming marriage of their daugh- ter Anne Ramona to Mr. Blair Earle. son of Mr. and Mrs. Al- bert Rsvenhili. Charlottetown. to take place at Hampton United Church. on July 17 at 7.00 p.m. Weekend visitors here ineludedg Misses Audrey Thomson. Romai Sherren. Mrs. Doug MscEacliern.I At the services of Public Wor- ship held ot the various stations on July 7. Mr. E.C. Holm gave an interesting report of the ses- sions of the 33rd Maritime Con- ference of the United Church.
IIICII GROVE WJ.
The regular monthly meeting of Birch Grove W.l. met on Thurs- day evening. July 0th. at the horns of Mrs. George and Mrs. Robert Jardtne.
The president. Mrs. Cecil Reev- . pi T. The meeting open- ed wlth the Institute Ode and the Creed in unison. Twelve mem-
; or River North. Sponsored by . lea; RIVC North W.l.
.-cu-.-o--, -...... .oai.s- G
Mrs. Mactachern attended the
Ueeono-no-No
DEODORAN?
bars answered the roll call. one
'y important. an increase in trades pay of so per cent has been granted in addi- tion to increases in basic pay," the statement said.
A few examples:
An increase of 8156 a year has been given to a private and his equivalent rank in the navy an RCA? whdo has reached the second level of trade skill and a boost of 3276 a year to the private who has six yesrs' service and has reached the third level of trade tskill.
increases for sncommissioned ii-iicers progress upward from s gboost of use p year for the cor- iporal at the ,third level of trade
for the warrant officer first class at the fourth and highest level of
Regular And Reserve Army
Increases For
trade skill. I The increases amount to Willi.- 'N0 annually in the regular forces land 8l.500.000 annually in the ra- serves.
The higher pay scale covers all ranks up to and including the rank of colonel and its equivalent in the navy and RCAF.
it is understood that increases for brigadiers. major-generals and the chiefs of staff are still being worked out.
The annual increases range from :24 for an apprentice to SW!) for a navy captain. army colonel or air force group captain.
A private or ordinary seaman with basic training or an aircraft- man first class now will receive Silo a month instead of 8106.
A more highly trained private. able bodied seaman or leading air- craftman will get SIZ7 a month instead of 8119. With group tour training. he will get 3199 a month instead of 3170.
Monthly pay of a sergeant goes up by 322 to I194. it the sergeant has group tour training. I goes up by 534 smooth.
A navy sub - lieutenant, army lieutenant or RCAF flying officer will receive 340 a month more. bringing his basic pay to 8365 a month. The increase is 845 a month if he has spent nine years in that ranli.
A major will receive 350 more a month. bringing basic pay in this rank to 3455. A colonel will get 875 a month more. making total basic pay 8730 monthly.
There are no increases in ”fi-Inge" benefits such as subsist- ence. ration. marriage and separ- ated family's allowances. -
S. S. Picnic Was Enjoyed
About sixty pupils of the Cherry Valley Sunday School together with their teachers and friends enjoyed their annual Sunday School picnic at MacRae's shore, on Tuesday at- ternoon. July 2nd. Races. soft - ball and games were participated in by the pupils. Following Is a list of the winners in the races'. The races were started by the Superintendent. Mrs. C h a r l e s Mutch. The prizes were given to the winners by Mrs. George Hayden.
Girls and boys 4-6 years of age 1. Barry Martin. 2. Sherrill lngs.' 3. Shirley Tweedy.
Girls 7-9 years of age. 1. Tyr- rell 0'Malley. 2. Sandra Hayden. 3. Marylin Mutch.
Boys 7-9 years of age. 1. Jimmy Quinn, 2. Arthur Hughes.
Girls 12 and 13 years of age. 1. Dianne Carrier. 2. Janet ings, 8. Mary Jane Len.
Girls 10 and it years of age. I. Veverley Hayden, 2. Fay Quinn 1. Dorothy Les.
Boys 10 slid it years of age 1. Gordon Young. 2. Kenneth Jones. 3. Mittleton 0'Malley.
Boys 12 and I3 years of age. I. 1. David Mutch. 2. Donald MacRae and Kenneth MacEaohern.
Girls Id and over. i. Marion Young. 2. Verna Irving. 3. Dianne Carrier.
Boys it and over. i. David Mutch. 2. Lloyd MacEachern and Kenneth MscEachern.
Ladies Open. 1. Marion Young. 2. Verna Irving, 3. Muriel Mutch.
General" Open. l. Lloyd MacEa- chern. 2. Marion Young, 3. David Mutch.
Girls Three Legged Race. l. Marion Young and Norma Irving.
Muriel Mutch and Ir eiie Young. 3. Verna Irving and Jan- et lngs.
Boys Three Legged Race. 1. Rob- ert Mutch and Jimmy Quinn. 2. Douglas Young and Kenneth Jones 3. Ralph Irving and Arthur Hugh-j
es.
Supper. ice cream and treats were served to all in the Cherry Volley Ball. -
visitor was welcomed.
Minutes of the last meeting were given by the secretary. Mrs. Hub- ert MacNeil-and recent corrrespod
cussed. Coll . were appointed for the S.U. Red Shield Appeal. Two premium blankets and two bedspreads were sold by auction and realised good prices. Plans were made re the uvimmln clas- ses which are to start soon. it
was decided to hold a pantry sale. . The meeting closed with the national anthem. after which lunch
deuce received was read and dls- I
AUGUSTINE COVE WJ.
The July meeting of Augustine Cove W.l. met at the home of Mrs. Joseph Murphy on Thursday eve- ning, the 4th, with the president In the chair.
Meeting opened by singing the institute Ode followed by repeat- ing the creed in unison. Roll call was responded to by 15 members paying double their shoe size from which the sum of 82.28 was real- ized. One new member joined.
Minutes of the last meeting were read and approved. Corres- pondcnc was read and discuss- ed. The sick committee reported several calls made. New commit- tees are: Sick and Program, Mrs. Vernie Webster, Mrs. Frank Des- Roches. Lunch. Mrs. Ray Cut- cliffe. Mrs. Fred Leard. Mrs. Lorne Carruthers and Mrs. film- er Dawson.
Next meeting to be held at the
IIIIIII ISLAIII-IIAIIIIIIII FERRY SERVICE
JUNE 15 to SEPT. 22 Daily from each terminal: 7 a.m.. 0 a.m.. ll a.m..
1 p.m.. it p.m.. 5 p.m.
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For daily report dial CFCY on first weather broadcast
Cross early and avoid delay. Reservations Limited For particulars contact:
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FERRIES LIMITED Charlottetown. P. E. island
Circus B01110!
Merry monarchs of Mirth
but they are still "Clowns" delight children of all ages ii hen the great Clyde Beatty big 3 ringfde 398113 -
THE CIRCUS IS COMING
- now the worlds largest - to Charlottetown for a one
-'20 afternoon and night sponsored Joeys - call them what you will -.by the members of the Kinsmensl whoiclub. The huge "Big Top" will be. erected at Simmondts Field. Cly- himself in person iiiih ;his 40 lions and tigers is the big lheadiine feature with ISO other world famous circus and arenic day engagement - Saturday Julyiacis.
M" M" ''-''0''- Tuesday. July 16. 1957 .333 ioumu u we were hr The Guardian Page 3 Grade IX. l. Linda Rose, 1.
Helen Somers. Grade VIII. 1. Heath Dingwell.
Grah ll. Roger Conway and Grade V11. 1. Russell Bailey. '”"”d'"'” Emma """'"l" 2' Grad: V. 1. Norma Jean Bea- M'c"'d' 3('mg1':'mBern':: 2 re" ctr er. '
- ' ra . . ep anie McDon-
3':;d'” P m"' 3' J”'."' M”D”"”' aid. 2. Rita Mallard. 3. David Rob-
"d' "L L D”'"”' M'"'"lv '- erts. 4. Irene McDonald and Lo Howard Mallard. 3. Donald l-'ras-Inns Mcoaonald Iequlll. er. I. Joan Murphy. teacher.
Introducing I new. way to wove!
wiru v ii Double Easy ! Applicator list: 1,, H . lakes permanent Ivovisg DOIIILE IA” - - - WV." "W"
'No mossl No guessl Toni's wonderful new applicator applies lotion more evenly . . . neutralizes more thoroughly . . . Int
T SPECIAL OFFER Om onto
permanent and
lunch
vole. I916.
assisted by a. mmittee in charge.
Manitoba was the first Cana- dian province to give women the.”
home of Mrs. Myrtle Peters. Hull FRUIT. VEGETABLE STRIKE call to be answered by exchang- ing pickle recipes and paying IOI cents for same. The Programme g Committee then put on a very in-was ""1 by 30 9" Wm M""d3-"L teresting contest. Meeting closed 3? by singing the Queen. after which
was served by the hostess.! V-7 - ' land WOMEN'S VOTE
by legislation passed
LONIION iReutersI-Lon(iuii's
fresh fruit and vegetable supply 3 wage (.oi'enl Garden centre of the city. Office staffl handeld is token amount of fruitl p vegetables as the fll8l'IiE.'l'Sp L200 workcrs'stood idly by trucks loaded with perishable produce mpilcd up in the narrow streets 14”) M- D0ll(5l'-"49 Iaround the market.
I Double Easy I Applicator the most even wave Reg. 53.00 vdluo ”l V””' MT ON" on vouas roost
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OPPOSITE MARKET SQUARE DIAL 4386
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shut down Market in
the
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sou) av-t
was served by the hostess, assis-
ted by Mlss Sandra Jardine. Next i
t h e I I
meeting is to be held at
ROLAND HYDE
Cornwall
theme of Mrs. J. Lewis.
AT RALPH OATS
NEW HOLLAND GRASSLAND FARMING DEMONSTRATION
FARM. WINSLOB
TUEDAY, JULY
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You are cordially invited to see New Holland's dem-
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L J. ROSSITER
O Grafton St. Eat Charlottetown
II AT BM PJI.
baler No. 68677 models.
Phorie7369
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Headquarters For
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