t; l: I lnlll ' I l‘ ' n i)

_" _ k_il~:~ 1.-.... _;__ ~11. ‘s Tllrllllng Successor to ‘Last of

MONTREAL srocx EXCHANGE '

‘it/lurker. reports furnished by Green. shleia b: Co. 88 Great GeorEe Street, Charlottetown.

Quoted at closing. Feb. 20, 1930. Call Money .. quiz.

‘ALL ‘TALKING DRAMA-TO-DAY

The scarchllght of truth ll thrown now on the problem of divorce and ‘the children of divorce.

As a girl nfhday who “in

.c affairs of her pnrcntg ln h.» own capable nds-_ ~41 incidentally 5a c; h" own romance-the beauth fill all!‘ [hm hgp ﬂu”; emotional talking perform. ancei

with

g r Belle‘ Bennett A Lewis Stone Rb b e rt

5.1!!

PIOTURB/ Mrs Cheyney"

U MARKET REVIEW _ '.

When the financial statement of McCoil Frontenac Oil Co. Ltd, for the year ended January 31, 1930, is made available in a. few weeks we understand that “the earnings will run upwards of $2.50 a share and pos-

MONTREAL

Ahitibi ..

“Solicitors . Step1 of Canada . ‘Steel of Canada Pfd . . . . ..

‘ Simons

p Wlrlrlipeg Electric

i Royal Bank

Albsria Pacific Grain Asbestos .. Eraziliun B. A. Oil . B. C. Power .. .. Building Products Canada Cﬁl‘ Canada Cement. ,. Canada Power and Paper Fraser Company Dominion Bridge Canada Brewing . . . . . General Stccl Wares Home ‘Oil Imperial Oil

Industrial Alcohol . , ,, International Nickel‘ . . . . . ..... International Petroleum ‘Massey Harris

Montreal Povzcr

lylcColl Frontenac

National Breweries . National Eiacl-Car .. Canada Mailing . .

Canada Bronze .

Famous Players .

Noranda

Power Corporation

. n00 on: eat t... . can “u...

'I’Ylr.u_2 Brut; . . . . . . . . . . . . . . .

Quebec POW/ill‘ .. shawinlgall

NEW YORK

American Can Alleghany Anaconda . . . . . . . . Consolidated Gas Bendix, Aviation . lutmulakimul lrutrvester . . . . Kellllceott Copper Montgomery Ward Niagara Hudson Power Poor & Co. B. Peuick 6: Ford . . . . . . . . . Paramount Players Lasky ltadio l. . . . . . . . . . . . . . . . . . Standard Oil of New Jersey .. Yellow 'I‘ruck A ..

Willys pvcrland . . ..

Sterling Securities A General‘ Motors .

C. P. R. U8. Reel

42'

“nu-w...”-

4.....-

‘ . BANKS

Bank of Nova Scolia Bank of Montreal .. Bank of Commerce

,.,.__?.-....‘.

. 141734;

31% . 73% . 1177.4:

307 . . 204% 307

sibly as high at. $2.75. after liberal deductions m} deprediatlon m. This would show a. gain of well ov- cr $1 a shale as compared with 1928- 20 results on the basis of the total a- mount of stock outstanding at the cnd of the fiscal year. This will com- pare with a. current dividend at thc rate of 60 cents a share per onnum and indicates a better performance relatively than the averageﬂanad- inn 0L1 group in relation to 1928. During the past year McColl Fron- tenac carried out the most cuten- slve development program in its his- tory, and for the first time cuter- cd upon the opening up of service stations ‘in Western Canada as well as in the Maritime Provinces. fields that had been prmctically untouched

" before by its organization. It is un-

derstood that the Company is plan- hing further extensions for the year I930 in all areas in Canada. It ls in excellent shape now in regard to supplies _of gasoline in Toronto and

y’ Montreal. In line with other simil-

ar companies a considerable amount ' is absorbed fro-m earnings each year to bear the cost of new bulk and service stations and other develop- ments that ordinarily might be clas- sed 21S capital expenditures. The re- port. for the period ending January 3i. 1029, covered l3 months showing operating profits of $1,622,600. After dividends 0n the preferred stock and one quarters‘ dividend on the corn- lnon amounting to 25 cents there rc- lnained a balance for the year of $603,187 or $1.21 a. share, making a total earned on the common stock of $1.46.

With the use of 400 men. British Columbia Power Corporation is rush- ing to completion what is known as the Ruskin Power development on the Stave River, three and o. hall milcs below its Stove Falls plant.

W“ [it is hoped no have the first uhh 57 of 47.000 horse powcr completed be- fore the end oi‘ the present year in 30% ‘lo! Vancouver an adequate supply of 35 ipower. The cost of this first -unlt is 67% ;€il'.lIﬂHl.(‘d at about $1,250,000. The 47'?‘ {final (lcvcloplrlcllt will tench 188,000 G0 ,h. 1'). with a cost in the neighbour- 19'.i I’ 9%

'~ order to make available to the City

hood of $20,000,000 for the entire plant.

Two transmission lines will be built next year to connect the Rus- kin plant with the large centres to supplement the capacity of four lin- u already in existence. serving the Stave and Aloutic plants further up the river. Prom the Bridge River de- velopment farther north, two trans- mission lincs will eventually be built to carry power to Vancouver.

While the action of stocks tn the past little while has not yet, been of n character that might serve to rc- dlrect general public attention to the markets. there is a well defined feel- ing current ‘that price actlm just now Lt running fairly true to form.‘ A number of problems have accumulat- ed as important factors dul-ingthe pact few months. Gradually reach stages where thejnatkek may . discount their settlement. in. Cana- da time lJJf-bo all-important wheat kctlni situation which is still be- . 1M: than is c rathei- mixed In- ulnttiat situation: tbuletwo factors i" arfttodklg lo rem-lot aha unsettle general buslnesainil these are sub- ' mt to clearing up within a moder-

ate length ‘to! tune“ and when ﬂue

l . a -l.-Zf£LT-;l."'" blurs l u ,1 .T0-DAY RALPH INCE ESTELLE TAYLOR

V\4

“SWiHARu CllAPll N, ll’! I

-“SUNNY- SIDE" l-lls Funny Re- issue ln Three R e o ls

happens sentiment regarding the stock markets [should improve very rapidly. \

IRVING OIL COMPANY LIMITED

Declares 109s, Stock Dividend

At a recent meeting of the direct- ors of Irving Oil Company, Limited. it was voted to pay a stock dividend to Common Shareholders of record February 20th at the rate o! one share for every 10 shares held, sub- jectf to ratiﬁcation by shareholder! at the annual meeting of the com- pany to be held some time in Mal-ch. ‘This will have the effect of increas- ing the Common Stock outstanding from 40,000 shares to 44.000 shores. Ranking senior to the Common Stock is an issue of $375,000. 0% Cumulative Sinking Fund Preferred Stock (Par Value $50). If the recent price o! around $20 per share for the Common Stock of the Company can be taken as a fall- basis for estimate, this stock dividend will be equivalent to $2.00 per share on the presently outstanding Common Shares.

Net earnings of the Irving Oil Company for the 14 months‘ period ending January 31st, 1930, are rc- portcd to be in the vicinity of $3.75 per share on the total amount of Commorﬁstock outstanding at that date. It is conservatively estimated that the coming Statement of the Company which will cover a 14 months‘ period will show net carn- ings of approximately‘ $50,000 in cx- cess oi.’ original estimates made in the latter part o! 192B.

As a result of extensive expansion programme of the Company, lust rc- cently completed, the management conservatively estimate an increase of over 25% volume of business dur- mg the present 12 months‘ period. with s. corresponding increase in net earnings.

CABLE HEAD GRIENWICII NOTES

owing to such bad weather for LhQypB-St couple of weeks the farm- ers have not finished getting home their supply o! wood-

The terrible wind and drift o! Sunday last. caused considerable damage in this vicinity. Mr. Ashley McEwen had ‘the misfortune to lose his barn roof. '

M. Jack Sanderson also lost part of his barn roof.

Mr. George Squires’ roof caught me, but he managed to get it out before any dunagc was done.

Mr. Milton Mcllaren, C. l-L, was

a visitor to the city last week.

Mr. Frank Mclnren. Greenwich. was a visitor to the city recently.

Moon's. Wilfred and loslle Mc- Laren, attended the carnival at St. Poms Bay on Saturday night.

The manylrlcnds o! In Mallar- an arogladhbleehim W! III"! after his cerium illness.-

‘ .

Mr. helm Baudellon and Dennis Squires were vlsitws to St. Peters on Saturday nicht-

Mr. will Djllolaren aiuliwlilie Jn. were visitors to 8t. Paton Har- bur llat week.-

Nr. I. Molﬂlllﬂ and Jasper Mela-en were visitors to lietell te-

" maidenhalr fern. The bride was at-

advice is free. Ask her about. your dress. making difficulties. Wbdncg. day and ‘Thursday with Moore s.‘ Mp- Leod Limited. ' ‘ '-2—.

MISS l. GRACE ALDBED 0F TORONTO, style expert and dress making lnstructress, will spendwed- nesduy and Thursday eta-our press Goods and silks Department". Miss Aldrcd will tell you how to make up any kind of dress, and will gladly ad-

and all details. Her services are free to, our customers. Moore a McLeod Limited. ' loao-zl

WELL KNOWN HERE-Among the school children who were injur- Qd ln the recent explosion in New York when all the windows on one side of the Isaac Newton Public School were blown out when o. still in a building across‘ the street ex- Plodﬂd. was Dorothy May McKee, daughter of Mr. and Mrs. Cyril Mc- Kee who formerly resfiled here and grand daughter of Mr. and Mrs. Har- ry McKee of this city. Friends of the little girl will be relieved to know she was not serbusiy hurt.

FUNERAL SERVlCES—_'I'lle fu- neral oi’ the late James _Monagllan was held on Saturday morning from the Undertaking Parlors oi.‘ A. A. Hennessey to St. Dunstalfs Basilica where ,a Requiem HtghMass was celebrated by Rev. J. Sullivan, serv- lce at the grave being conducted by Rev. P. McMahon. p. n. The pail bearers were: Messrs. D. J. Riley. John McKenna, J. . G. Murphy, Michael Curran, Lu e Higgins, and Daniel Kelly. The late Jnmcs Mona- ghan was‘ a son of the late Hugh Monaghan and Anna McMurrcr. He leaves one brother, Michael, in Nova Scotia. and one sister, Mary A. of this city.

INSTITUTE MEET1NG—'I‘he Feb- ruary meeting of Pleasant Circle In- stitute was held‘ at the home of May- sle Cameron on Feb. 13th with scv- en mom‘ a and five visitors pres- ent. Meeting was called to order, by the Plesldcht. m. n. noulwl- and opened with Women's Institute Car- ol. Roll Call-followed answered with riddles and. jokes which caused much am ement. lulnutes of last meet~ ing were then read and adopted. cflfel-ent oomzrutioes were then heard froml Thebuslnees part of the meet- ing being over a very. pleasant hour was then spent in music and gon- eral intercourse during which the hosteasservcd lunch. Next hlceting to be held at. the home . of Mrs. George MacKay. Meeting closed with gramphone selections. ‘ JUBILEE INSTITUTE-Tile Fob- ruaty meeting met at the home of Mrs. W. P. Cameron on Feb. 5. The meeting opened with President in the chair and by repeating creed and singing the Institute Ode. owing to the stormy night and bad roads there were only eight members pres- ent. The roll call was answered with a short verse or pay aflne of ii cents. A new map of Maritime: Provinces was purchased and mony taken out of bank to pay for it. Mrs. Arthur Green ‘ ’ the ‘ for their kindness and thought in pack- ing la lunch for her son Kenneth on the eve of his departure to the hos- pital in Quebec, An autograph quilt is being made by the members. The school and sick committees gave their reports and other matters were dis- cussed. The lunch was served and a hearty vote of thanks was tendered the hostess and the meeting was brought to a. close by singing the National Anthem.

McLEAN~RElZNOLDS WEDDING -Attendcd by a/host of inlmedlatc friendsmnd relatives a very quiet but pretty ‘wedding was solemn‘ st the home of Mr. and Mrs. Nor- man MacLeod at 15 Chase Street, Newton Centre. Mass. on the even- ing of February 8th at B p. m.. when Miss Victoria MacLcan. formerly of Little Sands. P. E. L, and daughter or the late Mr. Malcolm McLQlln and Mrs. Annie Macbean, became the bride of Mr. Milton L. Reynolds of Brookllnc, Mass. The bride was very charmingly arrayed in a. gown of French blue church 811d carried a handsome bouquet or roses and

.1 l

tended by her sister, Alexandria

w. John k. Sllnons. Cable um. ls visiting friends at Wood Islands.

Mr. Ambrose Rattray spent Sat- urday nllht at Mot-ell. the guest of Mr. Freeman Bondy. -

Ml‘. Shirley Sutherland. Crech- wlch. apent the week end m: cl...- miotown.

_ John B. Moliwen sold a valu- able colt to MlvJumn Lax-kin, m- tune Road.

----¢--~-_-~¢_a-

clhiélelarupq.

inssALpnun-s. puss

Vi“ with you on design, colors, trim _ i

Model

701

Screen-Grid Radio and Phonograph

Cﬂmlikfﬂ with Receiver, Electro- dyuumic Speaker and Phonograpll.

Cabinet ﬁnished in genuine NO-MAR.

Think of the emluri Alwaier Kent, the ra

(less I tubes)

ng pleasure of an dio built willll such

exacting care that you’ll not only enjoy it next seasomhut for many seasons to come.

If - our hon!"

lacks radio,

or i you |ln.'.-. a set ihai docsn’! do full justice to the really fine programs, say "Atwaler Kent Screen-Grid”

to your dealer nowl

MALCOLM & HILL LIMITED,

Kitchener, Ont.

f‘

" ‘Licensees

ATWATER. KENT RADIO! ‘A w. Make Immediate Delivery A A. E. TOOMBS

“ The Progressive NluslicfSptorei ”

167 QUEEN ST.

Cl-lARLO'i"l‘E'l‘OWN

Machean‘ and the groom was sup- ported by his brother, Ernest S. Reynolds. The service was sollncn- laed by the Rev. Thomas Burns, pas- tor of the First Methodist Church of Waltham, Mass. Following the cere- mony refreshmcnts were served after which dancing and games’ were heartily enjoyed by all. ‘rho happy couple were the recipients of many beautiful presents. They will reside in Brookllne, Mass.

INSTKIIUTE MEETlNG-‘Phe mon- thly mecting of the Glen Valley Wo- men's Institute met at the home of Mrs. Spurgeon McLean on Feb. i2. with eight members and four visitors present. Meeting opened by singing the "Ode" followed by the reading of the “Cl-ced" in unlsion. Roll call was answered with a Valentino verse. Minutes of last meeting were read adopted ' and signed. Reports were then heard from the different com- mittees. Mn. Malcolm Glllls and Mrs. Malcolm McKenzie were ap- pointed on the school committee for next month. Mrs. Biol-ling McLean and Mrs. Seanummdctetaometanlnea and Mrs. Seaman Blondon to visit the sick. Program consisted of read- ings by Mrs. Willard McDowell, Mrs. Sterling McLean, which caused much laughter to those present. Mrs. Hugh Nicholson, Mrs. Malcolm Kenzie and Mrs. Bunion Blondon ere ap- pointed on the program for the next meeting, which is to be held at the homerof Mrs. Willard McDowell, roll call to be answered by each member paying a nlcklc. 1t was moved and seconded to ask the gentlemen pres- ent to contribute to the Institute fund. Meeting by singing National Anthem. Lunch was then nenld by the hostess and a social hour was spent; '

nisomlts L

@_t_

‘m many friendi of air. 46m A.

McDonald, Dairy Superintendent. will regret to learn that he is confin- cd to his home through illness.

Messrs. Michael and Arthur Hol- lund left for Boston yesterday morn- ing ufter being called home through the illness and death of their fath~‘ er, Mr. George iiollund.

Mr. H. w. Clay of the Dominion‘ Department of Agriculture, left yes- terday morning for Moncton on business. He was accompanied by‘ Mrs. Claynnd-llttle daughter Mona.

Mr. .1. M. MacDonald, Eckvflle, Al- berta. is at present visiting his native province after an absence of twenty years. Mr. MacDonald has made good as a homesteader, being one of the first to locate lh the district. He ho- ticcs manychanges here. but is still of opinion that we lag behind in the matter of education. ~ 3

7 The Public Forum

This celunn i open for the discussion by can , ndentl of questions of interest. The (farlotiatewn Guardian done not necessarily undone the opinions of correspondent

, ' O (Continued from page i)

standard gauge. Yoursllver fox in- dustry has grown from what was re- garded cs a foolish venture in a, sound well-established industry bringing lilmdnds of thousands of dollars to the people of titetrevince» Your potato industry hi! grown to enormous ‘wpiiwtloru. ltd‘ I am Dlelpd ﬂu tulle-ll bqlnlldﬂﬂlpwd in’, ‘a fine scientific. , manner. . 1 also

iii the iquallty of your dairy cattle. ion also pleased to learn that you

sum a remarkable improvement

have madcextensivc nnd perman- ent inlplovcmonts on your roads and highways. ‘ However, there is one respect in which I am very. sorry to have to say that you have not advanced and that is in the matter of your schools. I can soc little progress in the pnst thirty years and in fact I am very sorry indeed to have to admit that in many schools the work is of c. ‘eclclcdly loyvcrstandord than it was thirty or forty yearsngohanq before going further, ‘Lwlrnt to say right.- hero and now that my adverse, crit- icisms .are intended in the most friendly spirit and constructive man- ner, and for every defect I observe I am quite willing and prepared, to suggest a remedy for your consider- atlon. D0 the people of this Province ever stop to think of the stigma plac- ed upon‘ us, your school teachers? Why are we ucrleawhicaunihny: part of the civilized world with the. '“ , of New‘ " nd? Now, why are school conditions on m» Island as we rlhu them? mete airs many reasons. some quite obnox- ious; others not so apparent. Among the latter. I believe party politics the ‘wont; but o! the former, I am thor- oughly convinced that the lack of proper trained teachers. the moat glaring. But we are not going to

waste valuable time inquiring who ls 55f,

l ponsible for the present l-lclwlnlrliul conditions of our schools. 1 (l0 hut for one ‘minute believe the lmlcilcl-s arc to blame and certainly not the children. Nor is it the pal-cuts, who day by day sacrifice their nil in inc interests of their beloved olfsprlui- Then you can vcry rightly ask mt‘. \Wllo-then is to inlprovc culltlitlolurﬁ" And I may answer. "Every one “he is conscious of his duty to Gull anti the children of man."

Now on. behalf of the clllilil-rn. l appeal to cvery luau and woman on Prince Edward lslund who bclilwvs in proving his faith by his svolks. l appeal to every living human bring on Prince Edward Island who \\i.\i1l‘5 to show gratitude for nll the luau)’ sacrifices made on his behnlf 141M tho beginning of the Christian Era.

I am Sir, etc.

- ~ _ ~ J. M. MIcDONALIh '\. . ' Ebkvllle, Alberta. P. friend! address- ' _:______________4 weovooeeo-ooo IOI nooo VIDIFLN lsarlu mm-

’ PROF. IIIANVEL, n! Iloatnu

atoll Vlollu Alnilutnl Tnulm- llpanhk attention given io elnmcnlury "n"

, advanced pllﬂlll.

rum ION-I». m unw- Hm"- Charlottetewa. I‘. B. I.

lloura I A. M. until I l‘. 1"-

(lvlr Ilenrdon’: lllrber lllcu. ooo-oooe-oe QQQQQQQ-QQeHQ Jd-lwael,

I00 M. EXTRAS. ' 500 M. OLIAII. IN ‘H. X

I10!!!’

“A... L. i,

_ new“

OO OGO-OOOOOO-O4 OOOQ-OOOO-‘OMO-O-O 044404-0009‘.

CEDAR SHINGLES

We have on hand the following-

Cedar shingles vial- ‘IOO I. hid CLEARI-

m u. cunn- wuss nor». '

l, 2mm W?“ POOLE 6° 50f

WIAIVII