fhilry 29

,M 'iw' l`~~` fi

_-*rr* '

._ ¢.__

,_./~i.iwf-- .;

\ il.

,I

`-' “Fa

I

|5°

._ 1

, .1

M

E

No matter what price or 1 you desire in a fountain ask your nearest Water-man‘s Dealer to show you the tray of Number 7 Pens.

i I

Stock Market News

Supplied Through Courtesy of WILLIS SECURITIES CO. LTD.

” -sroclc BROKERS-

cHA1ii.o'r'rs:1'owN ornoa ,moms eu aaa me

COLUMABIO

Shares Columario Mines, operating near Smithers, B. C., will be called

for trading on Standard, Toronto and Vancouver Exchange in day or so. C°mDlny has large tonnage oi good grade ore indicated and will likely build concentrator this year.

NEWBEC

South Drift having run out ot ore on 150 level, another oroee out is to be.

run a distance ol '10 feet further to west to try and tap westerly extension ol body. Meantime Diift on 250 level should be in ore sons around 20th. There is quite s possibility that several lenses 0! ore will be found in close proxim- i ity to norphyry contact. Last may cut was most important is dats. rr this latter body is cut on 200 level it will make a nice pocket or ore. lamplss rep- resentative of high grade section which was ground ls feet in width ran 21 per cent. 14 per cent. and 9 per cent. copper. Goldvelues not ascertained. A 1 further section or live o~ six feet :sa around six or mea pei- seat. I

cnaputnughes leriey ...‘ .11 Crowakeserve ... .. Ml.; Omlsu Iso Dome ... ... .l_.¢0 Dalhousie 4.25 Yoothiil Oil& Gas .f.»{.. 5.00 Paicenbridae :.~.-11.so 0 .. .. .. _lo H

' ' ‘ THE CHARLOTTETOWN GUARDIAN

C - .. .. mis

ranada . .... oliinser ... ... ... ... 0.00 Howdy ... ... ... ... ... 1.15 Hudson Day ... ... ... Inter. Nickel ... ... 44.50 Keeley Kirkland Lake ... ... ... Kootenay Florence ... .. Lake shore ... 28.00 Malartie ... ... ... ... .42 Mlndv ... . . .as Manitoba Basin .. .. .40 Mining Corporation .. .. 4.00 Moiatt Hill ... ... ... MUIDHY ... ... . . McDougall .. . ... ... . .45 Mclatrre . . .. 16.75 Nswbse . . .... .ss Noranda .. es.'ls Pond Oreille ... ... his

...ai - .ii oz'/s |

use _ao

0.00 ; 1.1e is.eo, 45.15 3 .45 ` .eo E .il l neo I

_ssl .so I so’ 4.1ol .os § _or .401

isflo 5 nail i 49.25 ; mo*

#792

5”" Qgubcr

Tfl’ the Seven pen-points. One of them will suit your hand P¢ff¢ctly~and your dealerwlll then get you the style and price Of pen you want with your chosen pen-point.

Waterman’s Pen-Point; are guaranteed to give lasting

I' writing satisfaction.

I

` _ Use Watel-man’s Ink

_ _ f li I4

motion

in the Straits l54 were banned. Football teams on |,rl¢..Pa.rl.s

censored played a. match in Paris.

last, year, ` I _.__.

More phonograph records of Arabic

of Lon- music' are being made in Germany recently than in Egypt.

. ;Ta'°»";” #Bellini

@' ,» E :(3/lo Gum/

\'_`&%'\\\)'.A\\.ll.li\». .1 H15”/Mfr//lf \ ‘ f '

'I mail: ~`i§l`#? -I' » ' ' 'Illia ` 'i

. ‘ V ._f‘-‘Eire ...is

\ \

, .

I ff: ""'., `v.i1ia'f.‘¢':""' _ r¢*i¢ .5Z'..'!~i:`.7" Rqiu <

'_-awa..qi¢-'=

»: r»

i~’r‘;='_"f.

-f-=3~=-__- » -1

.. _'ii

THE three large modem resi-

dential propertics illustrated

above are pledged as security for the 5%% First (Closed) Mort- gage Bonds of Montreal Apart-

` ments, Limited.

We offer these Bonds as a sound real estate first mortgage invest- ment. Price to yield 5.93%.

Full particulars upon request;

' _ 1.-1

,.~, ,

Roya

.<1 ‘-

H .._

,_.~_ y __

l Securities Corporation

“ ~ Limited Rilo/y_Bullding, Charlottetown " 1 'ralepaoas an

i i_ __

174°"

- ,ll . n

_ifilowivt is _iihe Time to Have

;:fL”i'ii_’i!Yiolu" House Painted

_.gn _

xr r 1 - it-cartel amen to put on cheep paint aa the best. , ,W bu; Ngylgfg English usd, then you have a pre-

that is tie beat. I

morepergallons of all to per lbs. el _ anyothsrleadonthamerket.

Hardware Go. Ltd.

A ` 1_2: Queen street

)

~ oeoeoeeeoe-eevooo-e-eoee

BROV_V_,

_St.‘,' 1] Charlottetown Accident, 'Sickness and

1 iiisilrance ati -Rate.

Stock Companies

-Lloyd Lewis.

D-00000000

'Iwo Diamond Drills were at work

Malartic has s. proiltable grade of ore

5081.-5-29-ll.

1uai.an~i-io _

Drill is working irom surface. Understood reslllta are much in line with which was found during underground development. Question whether -

GBANADA

some very nice ore continues to be opened on Granada.-3 sis level. Sensei

faulting on two upper levels give management trouble but condition fleai irom faulting are expected to occur when drifting has been carried on some distance further to east as surface indications in this section is that No. 2 Vein to have s, continuity without interruption for several hundred fest.

warra-ivronroouaar `

i Report unofficially that deep drilling has indicated high grade at depth at

Waite-Montgomery. Undei-stood that new ore was free from sine. '

at 250 level oi Maiartie Gold. Another

remains unsettled.

Central _guardian

SNAPPY SERIAL COMING.-The

Guardlanu new Serial starts next Thursday and its a good one. Ona Man's Wife, by Barbara Webb.

srlmr To on your 'eaaiaus

ready for the big provincial exhibi- .tion, Charlottetown, August. 19-tt F seas for prize un. J. w.’soaiis=, ses- retary. diy-til

j sivarrv scalar. coMiNc.-'ras l'Guardian’s new serial starts Thore- l day, end~~its .e good one-One Man's ’Wi1'®. by .Barbara Webb. - ~ » ~

ANOTHER' GOOD SERIAL-One

Man‘s Wife is'-the-title of The Guar- idian’s new serial 'story which will i start on Thursday of this week.

j anornsa soon simian..-ons: j Mmm wire, is tus title or me Guar- dim's new Serial Story which will start on 'rliursday of this week.

l _.___ j HIGHEST QUALITY foxes, prize- i winners, at Exhibition and Fox Show land leaders in pelt values, are pro- Iduced by feeding the young foxes i liberally with Imperial Puppy Food. , Order now from Imperial Biscuit Co. 1 Ltd. me-is-24-ai

DI. F. E. SMALLWOOWS oMoc

Charlottetown, will be cloled until June 18th. 5085-20-21

‘ _A HARD!! FERTILIZER Bower will save you a lot of time, work and money. 080.00. at The Hardie Mfg., Co., Summerside. 4047-B-23eod8wls.

4076-D-24-31

GET YOUR. HABDIE PEITILIZEB

Bower from The Hardie Mfg. Co.. I Sumlfleraide. 4047-5-23eod3wks.

rr is vitnr _:asv to attach s

Hardie Fertiimr Bower to any wagon boa. It will save a lot of herd labour in the field. $30.00. The Hardie Mfg., Co..8ummmide. 4047-5-23-eodawas.

TBI IIOVINOIAL &ll!‘l'lON

at Charlottetown; Alessi 19-ls. will be the hissed and best ever pat aa here. More lille foe livestock. All heights pahleo Iiveeteol. llggeet midway ever. Three performing troapae from New lorh and fem- deye horse radar. Write to your frleah alllwlll and plan te enlliah- tliem that weak. seas fer Irie list. J. W. Boalter, secretary, Charlotte- town, P. I. llhll. 01'"

neilun-au__

nrll IOGIII IABDWAII ooluramr, ulurrsn. wn.l. na OPEN’ IATUIDAY NIGHT START- ING JUN! L |005-5-I1-l9-ll.

~¢¢l1P'°

::'l’l1lOilfortlle!‘ai'!ner.-Abottle

oi’Dr.‘l'llomae' lelectfio Oiiinthe farmhouaewillsevemanyaloiirney rertl1eaoctor.ms'aoteaiyiceilrar the children whenvtaksn wltheolih and eroul1.andforthemat\xre_who suiferfroiapeinsend achee,buttlien aredireotlonsxer itrase on shea eatile.‘nieieehouldalwa7sbeal»ott1e ozltiaoiehoun. ‘A

_ ,_

e-e-eeeeea -en-

DR.J P MILIAR

Dllfllln IUIOEI ll

.i 2

S

Stock Quotations

I-iaurax. my as.-Quotatwaa furnishes by Joamrea and ward Members Montreal Stock lkehange.

Atchisn,'I'op at Santa Fe Ry 211% Am.

Am. cares 1"dry Co .......... Am. i C 110% A Am

C

Ana onda Copper Min Co. 102% N. Y. Cen. do 1-lud. Rv. R. R. .. 188% 1-Iud. Motor Car Co. . .. .. lniernatl Paper Co. Standard Oil 01N. J. ..... .

Southern Pac. . . ..

U. S. Industrial Alcohol Co. 158% 1

MONTREAL STOCK EXCHANGE

Abitibl . . . . . . . . . ............’.. 39%

Atlantic Refin. Oo. 10 Industrial Alcohol ............ 28 I Missouri Kan as Texas By. 875 lvlontreal'Power 101 Natl. Breweries . ....128 Winnipeg Elec. ..... . ........ 70% ‘ Brompton .... ..... 40 Bras. Traction .. 80% Steel Co. oi Can. 02'/s Shawinigan ...... 10% Can. Steamship Co. 36's Dominion Bridge . 05% Massey 1-larris WA

Asbestos ......... 12 Camprewery is Building Products 34% FraserdsCo. lb Chas. Gurd 35 Power Corporation Us

Br. Am. 011 45% Imperial Oil .......... 105%

WHEAT

.................. ... ... 99%

....... .. ... ...... 104% ........... .... ..... ..... 100%

July sept. Dec.

New Yoax axcllariol

Can Co: .................-... 182% 3- U- P°W°f -- --- ~-- ~»-

. . ms

Locomotve o. ...........

m_smlt.s¢'man.ce_........om °"'°°* °°m°m .Bosch Magneto co. mi gnlldl P°W°\‘ *hd Pavel'

_ Do

. .. .sou Fi’

“IA H1801' Ublhptny ... ... ...

.. . .sv 0°

Reading Co. .'.................. 108% H°m° 0” - - - - - - -~- - -

.. . .. 1:1 Im

union Pac. ny. .... mit in

Westinghouse Elec. 150% I U. s. steel ....... ....... .. 106% L

PIODOOI' ... ... an sl.

S¢ldl.C0l1l ... ,.,, "_, _DQ sim-in om-sea .. 'ms moi siscoe ... ... .. .09 _os` stanilloasl... .. .. .is ao; Sudbury Bula .. sos vas. Bylvanile ... ... .. ... 4,25* TM Hllshes . . sas aio 'towssmae _ . .. 1.65 1.70: 'headweli Yukon 11.00 11.00! 'I'l'l0mP50h Uldllllc ... .. .14 .15 1 Ventures 5.50 8.50! vmena ._ _ss .ssl Wlndiall ... .085 03%: wi-lrhzrrumaves iss ml walawellou ;. .. .. .is ml'

-a-aa-__.»_-._-..

sroltraaan sroox sxoaaivos

Market Reports furnished byf

Greeaaalelds dl Co., Montreal, to` stewart Jonas a oo. le Grea¢` George St., Charlottetown. f

.ao l .om ‘

can Money .. ._ e% sumti ._ am' Albam vacuo own is i asbestos ia

sl | ml,

Braslllan ... ... B -4.011 .. ..

mai'

Building Preaueu asia! Canada Car ... ... ... -... `

H as v

N -I

»~ =-..

’* .`_.i` ee Er- Fi- _ -.__._... . _____________,4 -_ ._..._....._.._._ __ ,_ ,_ _ _ _'." `

l

Fl_:1>i~;RA'rl;D CAPITAL CoRPoR.sTloN1;_;»

in its annual report

/low; 18'/2% net profit A ‘_

and $1 1.48 earnings on $69 _Common _

, ` 4.

.. 1 -- ~~.r|1 .“

' »»

i

....sg

shi# _\.»‘~'-‘-

1

`r s‘ f

:"bl

and a portfolio comprised ofthe stocks _ of 272 leading banks and industrials in `

the United States and Canada ~ - I

i__

EARNINGS of$11.48 per share on the average amount of col-ni-non stock outstanding are shown in the annual report of Federated Capital Corporation for the year ended April 30, l929,just published. This compares with $9.82 per share for the previous year and represents an in- crease oi 16% in per share carn- ings. _

Net realized earnings for the year on the average f

'l he earned surplus of the Com any, W after dividends, increased rom _ $209,512 to$850,02l_ ‘

1<`cderate<l’s earnings have bee'_1'i""‘ ` made hy judicious investment and "`_“`_, ,.’,`

reinvestment inthe securities df"""'°_ E, banks, insurance companies, public “’ "fig utilities, railroads and industrial' ""°- "

_ l

companies. ~

on

»*fii

The immediate future, we believe,'

, should produce a '= *"-_

amount of capital employed were 18.7% as against 17% a year ago.

BICAUBI

shell!

when in was ll.000~ 'lin

If unrealized earri- ings of $756,990 were taken into account, the aver- age earnings for the year would total 34.3%. Q _-

Saul had O llltili 1,090,010 s.o¢a.se5 IAIIYIQ l,4l7¢»0 l¢%,& afrliolll

AQ. ll, lf] Hn. IO. A981 AP. I0, 1,3. Aug, ll. ICSC N09. I0, If FCI). IO, IDD’ Apr. SQ IDX

l='= iii

» gre-va -no an

ev alww me sandy gs-muh el

ala Caipuy-dermal snly janify she advance el in out-1 noel from 02.! ae |59, he, as a mailer effaagllllnkllmllhneilelllllll aalafprlenl-.

I 87,71' O Ill,lll

' marked enhance- ,_

ment in the value / V nf of the Company'e 1 ,'-»f~f common stock, ' ,,, rlow that the tn- "

s-pl- warms* nual report has "-' r :ag

shoivnit to be sell-_» N’ ; ing for less than..-.lat a 6% times lmao.. ‘"-

,_m_m ‘_‘“_”_ riusl earnings per. ,_ f

V ' 511311- .llam 'U10 l ‘ne

steal has advanced

knead we yuan ap,

to II

ISQBIO I ,$70.45 I

l,79'},648 0,000.1 ll I. I 94.066 - 6,29l,l02

eo] ,ova a9’I.asa

I ,£95015 1,1160

l ‘,

' _»..:f.;.>il'

We :hall be glad to .msd jul! in/omnation about this »

.maid in-vartmonl recaoity. Ash /or Booklet F, . 1' fl

Eastern Securities Company Ltd.

_ »,

I -' rl*

§`£.l&

ll

INVEBTMINT BANKERS CBAHLOTTETUWN

ST. JOHN MONTREAL BALIFAX ~.

20% -

anada Brewing . minion Bridge ... reiln Power securities ,...

neral Steel Wares

21 ;Ma.ssey-Harris . . . . . . . . . . ... 95'./s lMontreal Power .. 30 ‘,McColl Frontenac _... 35 l55'A.i National Breweries ... 128'/1

ails 'National steel cn- ._

25 ,Noranda . . . . . . ... ... .... 49

Perla! Oil . . . ... ,.4 .... 100 ]Power Corporation

ndustrlal Alcohol .. .... 2s%.Pricc Bros. 1 .. .. 78 isfnatloaal 'Nickel ms iqusbes Power nternatiofnal Petroleum .. 47 ishawinigan . . . . . . ...

54%

101 Simons . . . ...

91 ‘A

Imperlol Oli New

96%

72% '70 ‘fi

Famous Players .. G. P. R. ._

yall Construction . . . . . . ... 28 fsmeliers 375 iGenera1 Motors . ._ 71% 'A `

wayagamack Winnipeg Electric Canadian Bronze . . . .._ 89

International Petroleum New . 23 Dominion Tar 25

sgéjixfié

U. s. emi .._. ye

.. . ._ 44 sank or Novs seem

'14 Bank oi Montreal ... .'.. 72 Bank of Commerce ...".`.

Royal Beals ...w:v.aGi'lB\'

" i'~s-_»'_--dioallrilx Donna Mai-ins. Ruspoli, whd..@a“;‘;:

longs to one of the oldesf, Itqlgalgeg

51 families, won this years Targa d'0i~o, gf

. 221% me at Rome. ' ' *__"_‘;_“

. . . . ... 26‘A‘

ii- 'rl I 1

l 1 " ii

V What a

Leading Financial Authority of England ‘_

coax ,

1

July .. .... em ’ sept. eau

ons July me

Dec. 43% waaar may maui July loess; oct ima,

STANDARD MINING IXOBANGI

Quotation tarnished through eear~i levy ol Atwell I 00-. Charlottetown Omoo.

Noon Cleel

asm emo ties' Aconda ... ... .. .00 M,

Amity Copper ... ... ... 10 .Hi Amulet ... ... ... . 1.24 131 Area ... -~. ... ~.. ... .12 42% Arno ... ... .. -25 -U as.oll's¢oa» 4.00 4.40, farryllolliager ... .. .. 30 $‘ Bedford ... ... .. -I0 -55 Bidsood ... ... .. .. 3|

Big lilsour

I 1.42

mmm aaa are ee ee m hmlllfllll ... ... ... .1056

.mt _ss

13'! ` .NK

.ll

i i E l

Reims .. .0015 Ml,

Mm l\O_Ol"__ “ “

. l .

I

l

greater ediclency.

me Phillvnine Islands. ~se¢ sauna st riaaz.

ESTABLISHED 1888. with which is Incorporated

‘ (Kip Sltuenrlrr & lulllnaial

EUYADLISHYD IMC. LARGEST CIRCULATION OF ANY FlNANO|AL IOUHNAL IN THE WORLD.

Halal Ofc: 6' llilerial and Alva-ninaseal Dina: ' 72, Coleman Street, London, E.C.2.

Paris Office: 15. Boulevard des luliens. ¢g»11

| eeeee '

PUBLIC UTILITY FINANCING

"In no country has the development of public utility enterivfim made :rw/H yogi-eea than in the United States. Home of the powerful corporations that exist md” has very humble btlimihll. but. ghmkg lp s process oi systematic con-

solidatlonswarnod abggfvtiggfglautrglsz' vnggg'

serve terfl I I . . mm. aonttieuéxminf-ilswiugfs 313° ‘»' The steady growth ot the Associated , _

U11 G UID!! '

System has created investment and thrift op- " ' portunities for thousands of its customers. - »-'»

in contempla . graphical units, moreover, has invaria- bly resulted in large economies and

"A typical American example oi the

new movement toward concentration. beth administrative and nnancill. ls fur- V aimed sy me asaooumm oss also l:l..lo'1‘l'tIo oour/my or mrw Yonx. wi.lsi1,eml»usaed as a small nl °°°1w\v in ithaca, New York state. seventy-six year; ago, now boasts '$00,000 customer! m having a_ population of over lfloilfm, includinl more than a thousand communities in ilfteen Stews of the Union. as well ae a number of districts in the maritime provinces oi Canada and in

‘ nunowa weinsee cosmos wail. Says Ab0Ut the - Q

mon omcas. no. me aousoan. .

Telqreim: "Fnu\»rmso. Ava., Loivnoir' . i . _ _ z

Associated Gas and Electric Company

The comment on the left appeared in the

editorial columns of the Financial Times, pub- 4;

lished in London, England. Such comment in what is considered abroad as the leading, fin- _ _ _

ii. iii ill so 2'*

asm elim-ui #dirt -

llllstf

_Maritime Electric Company, Ltd. A

Charlottetown, Prince Edward Island ... -_ ~_ -

"Mmm, M, Nous., ,,,,_ ancial journal is indeed signiiicellt.

Associated System Facts _

Numberofyears ofgrewth......................., 71 t Total customers served ........ ..... . . ......... 1,100,000

Total population served .................... 5,300,000 _~f.

Increase in sales of electricity (1920-1928' 134%

Watch for an announcement of interest which - .

will appear shortly in this paper. i

Associated Gas and Electric Securltle

Company, Inc. ' ' _'T _

_ alice ol ”°"V°`“'7

...

i' al

T3.*~"é'-f*r~\~}'<#°'~

1

Ll?

.~ ‘li .,.

:if

?i;,

.. Ui 1.- ,

1.-

' *an

1..

-<=e~.-=

lil

in 1 uf' .; gl . H ‘~ ff.. ,‘». gi' I-1 =-li

l

if* § ' <_

.ig 4 _

eil'-’ i‘_f,.lff.' I 1.; g_,l;_f . ~|s

.lej 4 .if

_ 1,

.1 -».

‘ . . ‘ . L

_ _HV _ ___ _ _ _ _ '_ f»»» , ai

steel or emacs .. 'sais 1'

if

.if

l

Mig g.‘l‘

if .3

...P 4”,

if

._ N-.~,;

< ,lg fi

_ ,ia f plliq .

.,`..s.»__

-_.s__...

~_...`__ ._ _ __ ,_,~.,__,

'l

{;"~'. .-i ‘;.;..t~_:],