sum! 12, 192s

Boys’ Cotton Blouses, as- sorted sizes

.45

Boys’ Cotton Blouses, big; range of patterns, worth 85c and $1.00......... " Small sizes in Boys’ Bathing Suits, blue and brown, each. .'

Boys’ Dark Cloth Caps,

Men's Khaki Pants, special......... new

3.90

...-..-»..".-.--

-¢..-.....

Boys’ Leather end Braces...

Men's Flannel Trousers, Biscuit Shade,

special........

I

Men's Balbriggan Combinations. perfect Summer weight un- I

derwear . . . 2.25

Men's all wool Bathing Suits, a wonderful value at.

Big range of Men’s Working Shirts,of very special bar- ‘I o0 gainvalue "

4 Wonderful Values in English Bath Towels

/ Certainly the lnost remarkable Towel Values that our buyer has ever secured for you. Direct from the biggest makers in the Old Country, offered to you at pric- es lower than lnost wholesalers can sell them in big quantities. Buy as many or as few as you like at these prices.

Striped Turkish Towels, size 16 x 31 inchesawonderat '

A wonderful Towel, striped Turkish, size 17 x 38 inches, very special at per

pair........

Heavy soft striped Turkish Towel, 21 g M 42 inches, a; lovely Towel equal to many: " lines at $1.00 a pair. Our Special

_price.........-..,.... '

Another wonderful Towel is 21 x 42 inches

—a handsome, thick, soft absorbent tow-

‘ el, a value that you will ﬁnd only at

thisstoreat..................... ‘

Rexoleunl Mats, 14x 27, special for

Friday and Saturday, each . . . . . . . . . '

inches wide, .18

Ivory Lace Curtaining, 36 Special for Friday and Saturday yard

‘l

Friday and Saturday Specials .~

We Welcome the Potato Growers 0 ' Association

Mel1's Cotton Sox, a great valueat 7 pairs for .. Men's Brc-adcl-rtll Shirts, attached or separate collar Boys Cotton Golf Hose, light shades, 2 pairs for

Boys’ Shirts, white with colored stripes, separate collar, clear Boys’ Plaid Cotton Wind- breakers, clearing at each A few wash Suits at each HALF PRICE .

Boys’ Nainsook Combina- tions Men’s Light Grey Flannel 3 Trousers -- " Men’s “Plus Fours”, fawIlS and ligllt shades of grey, to $7.50 for ...... Men’s Nainsook Athletic Combinations, per suit . .

_ I69 1.25

.75

.*.“.'f".°. 5-00

, 1.00 1.00 ,l.s0 .15

....

Men's ﬁraw Hats, new sailor shape, very smart and at- tractive, black band ..

1.25

Ladies’ Silknit Slip and

Bloomer Combination,——»

rose, maize, orchid, cher-

ry bloom and

white . . . . . . . . . . .

Ladies’ new I Felt Hats $2.98

A- new arrival in Ladies’ Felt Ilats, of lnost not- able value. These just fresh fronl the makers’ ﬁngers, and exactly the shape and colors that

you have been

looking for . . . . . . Ladies’ Silknit Gown, daintily trimmed with good quality lace, all the

new light ‘I ﬂﬂ shades

6 pairs only Ivory Swiss Net Curtains, regular

$4.95, Friday c1103 I

Saturday, pair . . . . .

LETTER 0F SYMPATHY

Mr. and Mrs. John J. Walsh and family. Dear friends:

We offer you our sincere sym- pathy in your late affliction and loin you in your sorrow for 1'0"" three beloved children. We also share your loss an those three model young people who met so traslllfl death were a serious lot-ii m0 °“‘~Y u. thelr own family. but w Ail"! whole community. Let it always b0 a consolation to remember that they were well prepared to meet their Maker, also that in all our dealinlls with, Genevieve as our teacher and secretary, all of them an obilgins friends and neighbours we have only

\

the kindest recollections.

We trust that God muy strenlliih" en you to bear your great sorrow and say, "God's will be done."

Signed on behalf of the Elliot- vale Women's Institute.

L. .____4-o>—-————— WOULD-BE AEROPLANE THEIVES CAUGHT BY POLICE AT TAKE-OFF

WINNEPEG. July 1l.—A new menace which foiled to tax the resourcefulness of tho Winnipeg police force. made its appearance in the form of on attempted aeroplane theft here to-day.

As two Gennon youths, recent ar- rivals in the country, attempted to take off ill one of the planes resting

hand

17'1"»

Bo prepared to rid your home of’ those ﬂleo and rnoequitoﬂ l-Illl B" bound to come. Keep FLY-Tux 0'1

with sprayer filled ready for

instant use. FLY-TOX Io a clean»

crystal liquid that will not

“aim hu-mlqg to mankind and animals; and has I frlFm‘ "a"

Charlottetown Hotel 00., Ltd. Proprietors h

n Stephenson Flying F‘le'ld,o squad of would-be modern thieves. In Police Court today the youths gave their names as Adolf I-Iummel and Wol-i, from Hoffman, alld confessed that they had intended to steal the ma- cliinle and. ily to 13001100 B000 claimed to have learned to fly in Germany. They were remanded for

sentence. t. ~ ’ »-{0>—-———-

llllnarlfn Llnlmont for Insect bites.

OO-O-Qﬁl

VICTORIA HOTEL "

One of the Inrlﬂi ""1 5°“ equipped Hotels In Eastern ‘ Canada. Contains 1S0 room!- 44 of which line rrivﬂe baths. completely renmle" In u» pa: m» 1H"- F" Hotels throughout Canada and the United States have m splendid table. Courteous I service to all Gncoto. Tole- phoneo In room!-

luau-woodworkin-

vwvv

1mm cmmmlrmrown‘ 00111201110

Central Guardian

FERTILIZERS -— Subject prior sale. $1.90; Muriate of Potash $4.50; Sul- phate of Ammonia $5.90; Nitrate of Soda $5.00. All in bags of 200 lbs. ‘each. Delivered- at your nearest sta- tion. Poole d: Thompson, Montague.

7-11-31

HAMPTON UNITED CHURCH- Services next Sunday as follows: DeSable _11 a. m.; Bonshnw, 3 p. m.; Hampton, 7.30 p. m. Sacra- iment of Lord's Supper at close of ,the afternoon and evening services. Rev, J. P. Kaye, Minister.

OBTAIN S CERTIFICATE- Among those who were successful in obtaining public school certifi- cates this term was Annie Halli- _well of Stanchel School. Much cre- dit is due this pupil and her teach- er.

i

i SUCCESSFUL STUDENTS —Guy ‘MacLeod and Homer Provencher, ‘pupils of Rivcrdale School who .tried the P. S. C. Exams were suc- ‘cessful in obtaining certificates. -Much credit is due to pupils and fteacher, Beatrice M. MacKay on their splendid work. .

WOOD ISLANDS PRESBYTER- jIAN CHURCH -- The Summer Bible School will open in the ‘church on Monday morning, Julv 16, at 9 o'clock. Tile school will 111111 for 2 weeks every morning ex- cept Saturday and Sunday and will include children between the ages of 6 and 16. The course of study its based entirely on the Bible and Scripture memorizillgis one of the lfentures of the school. Parents are Jlflled to send their children for ,this is a splendid opportunity loJay ‘the foundation for a Christian lcharacter. _

l LOWER rnanrowu MEETING| '—-This meeting was held at thel home oi’ Mrs. Edmund Burns. | lThirteen members and six visitors ,were present. Roll Call was ans- lwered with’ my favorite proverb. .Minutes of last meeting read nnd iadopted. Delegates were appointed to attend convention in August. Meeting closed with National An- ithem. Next meeting to be held- at Mrs. Jardine Staverts. Roll Call to ‘be answered with different re- ,ceipes for canning fruit.

Stlfck Quotations

HALIFAX, July 11. — Quotations furnished by Johnston and Ward Members Montreal Stock Exchange-

NEW YORK EXCHANGE

Am. Can Co. . . . . . . . . . . . . . .. V |Am. Car a Fdy. c0. ...... .. 94y. ‘Am. Locomotive Co. . . . . . . .. 96'»; Am. Smltg. &Rfng. Co. 1901-7- ,Am. Bosch Mag. Co. . . . . . . .. 37”»

N. Y. Cen. drl-Iud. Con. Gas Co. (N. Y.)

Hudson Motor Car Co. . 83V; lInternational Paper Co. . 70's ‘International Petroleum 39_ _ Stan. Oil of N. J. .... 43'” Reading Co. 100” Southern Pacific . . . . 119 '1“ ‘Union Pacific Ry. . . . . . ..... 193% ,U. S. Ind. Alcohol CO. . .. ... 1009i. Westinghouse Elec. . . . . . . 93 United States Steel . . . . . . . .. 136

MONTREAL STOCK EXCHANGE

Abitibi . . . . . . . . . . . . . . . . . . . . . . ' 62

B. n. Steel 1st Pfd --\ 7% E. Steel 2nd Pfd. 43

Mis. Kan. s. Tex. RY- 258,“ Montreal Power . . . . . . . .. .. 1063a National Breweries . . . . . . . . .. 129;: Winnipeg Electric . . . . . . . . . .. 1:; A

Bromplon . . . . . . . . . . . . . . . . . . -

QUEEN l HOTEL

Since takinl W" ""5 Hotel we have 9119110 ma"? thousands of ' dollars In

repairs and llﬂlimvemﬂlld“ n’ is now the finest Hotel 0f I05 c1155 in the Maritime Prov- inces. It apeals to those who want n comfoltable Hotel and splendid table and excellent service at a mod"- ate price.

Rum; from $3.00 to $450 per day.

Charlottetown Hotel Co., Ltd.

l Proprietor! MISS L. McQUAID, Manon:

____.___.__ _m_ _____,

00-0-0644-0000-0-0-0-0-0 00044 000

90w

l A §el~vlce

iii-beta.

The Cool we loll Is carefully lol- Qotod, Hid oorlpllonlly freed from any kind of lnfqflor ninttar, ouch u clots. lverytonnolenllontioof high quality.

HAIRY C. BROWN, Monger.

' w. o. elLms & co. COAL

more; n i‘

We offer-Acid Phosphatxf

issued.

\

l4ti ‘FQ .-__ —

Rollan

'.,-...‘.‘T,_fﬁ7.—...Q.TH.-‘JT'|,.]iT-|v|.vfT“i i||i'-vv.\li'lT-.. ‘

Brazilian Traction . . . . . . . . . . Steel Com. of Canada Abitibi Shawilligan Can. Stmshp. Pfd. Dominion Bridge Massey Harris Asbestos . . . . . . . . . Canadian Brewery . Building Products .. Chas. Gurd . . . . . .. Power Corporation Inter Utilities—A

OATS

. . . . . . . . . . . . . . . . . . . . . . .. 106%

i

Robert

Inter Utilities-B 16 former Chancellor of the

Can. Pac. Ry. .. 204 Exchequer. said that once the Do-

British America Oil .. 30% minions withdrew the trade prefer-

Imperial Oil . . . . . . . . . . . . . . . .. BANKS

Bank Commerce . . . . . . . . . . . .. 297

Bank Royal . . . . . . . . . . . . . . . .. 364 WHEAT

a banquet Horne"

to-night, Sir

of Britilm, the Old Country would

take a sorry place as regards exports . ill comparison with the United

States.

l The United States, continued Sir I Robert, was making a great effort to

capture new trade in Australia and

[New Zealand. Great Britlan had, - - ~ ~ - - - - - - - - ~ - - ~ - - - ~ - » -- 130% sent out excellnnt commercial trav- - 1337i‘ ellers but the Americans had gone - 137% one better by sending their business

l phlefs. l Rt. Hon. L. S. Amery, Secretary of i State for the Dominion, said he had

I ‘the Empire were making. especially |Britons. of the Empire's resources and opportunities.

July ... . . . . . . . . . . . . . . . . . . . . .. _______¢.}_______ 1536:?‘ ‘ A rellnhlo nnllMpIlr-~MIunrrI'|l_

_ been greatly impressed, when on, -~ 97f,“ his recent tour of the Empire, by- . . . . . . . . . . . . . . . . . . . . . . .. B3 4 the inadequate use the peoples of

4 _ 42,500,000 0;...

d Paper Company, Limited I 515% First Mortgage ZO-Year Sinking Fund Gold Bonds, Series “A-"

To be dated June 1st, 1928, maturing June lot, 1948. Principal and gold coin or its equivalent at the Bank of Montreal, Montreal, Tormatq, Halifax, Saint John, Charlottetown, Quebec, Ottawa, Hamilton, WinniPCB. Edmonton, Calgary, Regina, Vancouver, or Victoria; or at the holder's option, in United States gold coin or its equivalent ' at theAgency of the Bank of Montreal, New York, orinSterling at the Bmnkof Montreal, London, England, at the rotcof $4.56 2/3 to £1. Coupon bonds denominations $1,000 and $500, with privilege of registration as to p.‘ ', ‘. Rodcemab option of the Company at any time on 30 days’ notice at a premium of 5% up to and including June 1st, 1929, and thereafter up to and including June 1st, 1947, at n premium of 5% less M of 1% fol-each yearcrpartofa year elapsed ‘ of redemption, and nftcr June lat, I947, without premium; in each cane with ac Normal Income Tax up to 2%, and will refund taxes of Pennsylvania, Massachusetts and catnip other States as dﬁncd in the- Tnut Deed. Tnutcc: The Royal Trust Company. ' ~ ’ ' ‘ ‘/ CAPITALIZATION (On completion of’ prcamt ﬁnancing)

First Mortgage Sinking Fund Gold Bonds . . . . . . .. . 6% Cumulative Redeemable Preferred Stock. . -. l CommonShares(noparvalue) . . . . .

Descriptive circular, copies of which will be supplied upon request, Rolland, President of the Company, from which he summarizes:

THE COMPANY: Rolland Paper Company, Limited, has been incorporated under the laws of the Dominion of Canada to acquire as a going concern the plants, properties and undertaking of the company of the same name which with its predecessor for 45 years has successfully engaged in the manufacture and sale of high-grade bond, writing and ledger papers. The Rolland name has been associated with the ﬁne paper business in Canada for over 85 years, originally as importers in the City of Montreal, and as manufacturers since 1882, when The Rolland Paper Company was organized and its ﬁrst mill built at St. Jerome, Que.— —this mill being the ﬁrst to produce writing papers in Canada. Three generations of the Rolland family have shared in the active direction of the

PLANTS AND PROPERTIES: Properties being acquired include a paper mill at Mont Rolland, Que., having an annual manufacturing capacity of approximately 5,300 tons of sulphite bond and rag stock papers, and a paper mill at St. Jerome, Que., having an annual manufacturing capacity of approximately 1,600 tons of high-grade rag stock paper, tub sized and loft dried.

Part of the proceeds of the present ﬁnancing will be used for the installation at St. Jerome of a new 86-inch ﬁne paper machine, with auxiliary equipment, which it is estimated will bring the total capacity of the Company's plants to more than 8,200 tons per annum. Machinery in both mills is operated from adjacent hydraulic develop- ments to be owned by the company, the total installed capacities being 2,200 h.p.

E business. VALUE OF ASSETS: Properties, water powers, plant and equipment have been appraised by The Management Engineering and Development Co., of Dayton, Ohio. Their valuation, together with the cost of installation of ‘ the additional paper machine at the St. Jerome mill which is being provided by this ﬁnancing, totals $3,985,000. ' Net current assets (working capital) according to the balance sheet as at April 30th, 1928, after giving effect to ! this ﬁnancing, as certiﬁed by Messrs. George A. Touche 8n Co., Chartered. Accountants, amounted to $792,562- ' giving a combined total of ﬁxed and net current: assets (without including anynmount for valuable trade marks and goodwill, built up over a period of 45 years) of $4,777,562, equivalent to $1,911 per $1,000 bond now being

EARNINGS: Net earnings of the predecessor company for the year ended December 31st, 1927, as certiﬁed by Messrs. George A. Touche 8r. Co., after deduction of operating and ULIIIUCIIQHCC expenses (with allowance for non- recurring expenses) and available for interest, depreciation and inc ome tax. were $331,353.13. Based on earnings for the four months ended April 30th, 1928, it is estimated that net earnings, similarly calculated, for the year , ending Deccmbcrﬁlsi, 1928, will be approximately . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . $400,000

, Asgagainst annual First Mortgage Bond interest requirement of this issue of. . . .. . . . . . . . . . -——equivalcnt to 2.00 times the annual interest requirement.

On installation of the new machine at the St. Jerome mill it is estimated that net earnings '

on the same basis, for the year ending December Zilst, 1929, will exceed . . . . . . . . . . . . . . . .

SINKING FUND: Tile Trust Deed will provide for an annual cumulative sinking fund of 261, plus interest on bonds redeemed through the sinking fund, for the l=.~tir~mc~llt of Bonds of Series “A". commencing June lst, 1931, and will also provide that the sinking fund payable on subsequent series will not be less than

MANAGEMENT: The business will Lijlillllllif under the same nlanagemcnt that has been responsible for its sustained growth for many years. In z 11.1 ion, tl.:: llozlrd of Directors will include prominent executives of other successful Canadian pulp and paper 1211913011 lee. _ The Company's principal bond and ledger paper products are sold under the trade names and watermarks of "Superfine Linen Record," “Enrnsciil'fc I.ll’1l;ll Bond.” “Empire Linen Bond," “Colonial Bond," “Service Bond," “Mount Royal Bond,” and “Rocklalld Bond." ’i‘llcy are known throughout Canada for their excellence I and uniformity of quality, and for these" reasons are also in steadily increasing demand in export markets. The | Companysplants, although operating at capacity, are :.t present behind ill completing orders. The additional machine being added upon the reconlnlrlulrllioll of the management and of independent paper trade authorities, will enable the Company to develop further its various IIIAIIKCLS.

We oﬂer fhese I-wrzrlsfor delivery 11f, as amI when {swell and received by usranzf subject to the approval by counsel of all pf0C::c..'l!l_'f.~;, ut- - -

97% and accrued interest, to yield over 5.70%

\ Royal Securities Corporation, Limited

‘MONTREAL TORONTO HALIFAX ' CHARLOTTETOWN OTTAWA HAMILTON CALGARY EDMONTON REGINA VICTORIA ST. JOHN’S,1NFLD.‘ LONDON, ENGLAND

SAINT JOHN QUEBEC

I v The above afalenlcnfs are nef guaranteed, lllll r.rc based upon in/ormaliorl whlell w: believe lo be reliable and on which we acted 1'11 pure/lasing these securities.

_l._l,l.l IJJJ n1 - = r_| ryrlunplllnllnuqntluillnmlnl l1 ".11 IJLIJ . m‘, “ﬁr-Hm,

671$ ence now in effect for the benefit‘ ’

i 1

(s?

‘annual interest (June 1;: and December m) PWlible u. Canadian

ieasawhnleorinpartatthe

June 1st, L919, and thedate

mind interest. The i‘ willaasunac United Staten '1.

\

I To be‘ To be / 10mm»: ' .. . . . .. $5,000,000 $2,500,000‘ 2,500,000 1,500,000

100,000 shares 60,000 shares i ‘ofserics “A”, 5}4%,thia issue. -. "

ntairls a letter from Mr. Jean

131K500

$500,000

WINNIPEG VANCOUVER NEW YORK

IJEIJLIIAJ Mimi: w» w‘

_._-..-

A traveling crane was built of Ink fountains which (‘all b". wood instead of steel ill German)? mounted on typewriters to rent-w to lift ten ton trusses into place 2n the color cl‘ their ribbons are a a new church. Cllhvago mall's invention.

Delightful on Cool Mornings Cook: In all. to 5 minutes

lllcx IIAKIR Om

THE’ McLEAN COMPANY, LTD.

WHOLESALE DISTRIBUTORS Charlottetown, P. B. I.

’ By Barrie Payne.‘

I v‘ o"u ow eo AHEAD AN’) i GABBYGRAMS HAVE wsavoue ATRNNMAN 1 HATE Auo raos-mnrlon lFYOu orrrsr <0 PREFsa THAT] IS lemon lsAooas ABLE

WEN 1 Ask WHAT 11M: MY ‘TRAIN LEAVES»

us mans M: A ole . "rm! TAULE.

.A..Lw4~d anjz.

W

Si» ‘In m, Fouls!