1mm ‘loll!

2s is;

sroc 0 T TIONS

-En>_u~; closures. ' i

The Royall Bank or Canada Presents Strong Statement

lislllllllfl lllcll liilllKEl lllillTillilNS

Corrected For Every Wednesday dz-Sat- urdayslssue.

PRODUCE‘

Oats . . . . . . . . .. ... ... ... ... 35c lllly. ionae clvt . _ Slmlv. pressed cu ‘i‘llrn'ps bllu ... Potatoes blls . IItTAII. ILHKKET

(‘l-il-ry bum-b . . . . . . . . . . .. - dwlllllltoes lb .. , _ Fllllliflnlrcr call-ll‘ Ollilulu ill . . . . Bel-la pk .. (Tcicl-y hearts ... ... . wmnbcrrlcs q: .4. “till

..."... ... Plllllilvos pk .

.\|l|l|\‘ll ||k .. ‘fllrllipa ii for Spinach l|_r Parsley bunch lirlll-v

Cabbage hea Veal ll» _, Roast lilloei’ . . ;..

I

Siva Slew merits iIlll-irl! . Hulk!‘ .. (‘llirkén .. ‘Pllvlroyll . . . . .. Llllllh lb . ,

lilllll-r "you" . .. . Pilzlls do! .. FIFII (‘rlrllell Mnckcrol col-ll Haddock lb ... . Cod lb

M T ’L. CURB

(Supplied by Piifield lxull Company Mvnlbcrll of llouirclal stock exchange und Curb market)

Stock! B 5501i ... .... ... so

Biol-hers .

PROQUCE

(CanldianftPress)

MONTREAL. Dec. 214mm Prices hit a new 1986 ‘high on the Morftroal open produce market at 36 1-2 M126 1-2 cents a. pound for no 1 irl carlqts or less. Small lots to retailers brought 27 for solids and 28 for prints.

Chew was generally cents a pound for no 1 White and l2 for colored.

Graded egg shipments in carlots or less brought 3B to 39 cents a dozen for A large, 29 to 20 for A- medium, 27 to 29 for A puliets, 24 to 25 for B and 23 1-2 for C.

0n the potato market Prince Edward Island 90's were $1.30 to $1.35 for mountains and $1.25. to $1.30 for cobblers. Potatoes in 80- pound bags brought $1.20 to $1.25 for P. E. 1’. Mountains, $1.10 to $1.15 for cobblcrs and New Bruns- wick mountains, $1 to 31,05 gm- Quebec mountains and 85 to 95

11 1-4 Ontario

¢_¢_0_t_s_f_l'_ir Quebec cobblers.

N... York can.

(Canadian Press)

Stocks Cloao AmerCyanB... .... - , Amer Gas Else .. 38 1-8 Amer Sup Pow... .. 21-4 Assc Gas Eleo A - Atlas Corp .. 18 Can Marconi-... .- Cities Serv 3 1-4 Creole Pet Io 1-2 ElBond Sh l6 Foldoi CanA . ... 23 3-4 Gulf Oil Penn 69 3-4 Hum Oil Ref .. '69 5-8 Imp Oll 19 l-B Int Pete ... .- 35 5-8 Nlag Hud 85-8 Std Oil Ken .. .. 211-6 Un IAght Pow a 1-2 Un Light Pow Pid . 28 5-8 Miscellaneous (Canadian Press) MONTREAL, Dec. 27-Butter

spot and futures firmed narrowly on the produce section of Canad- ian commodity exchange today

while eggs were lower and cheese .-

unchanged. _ Butter Spot-Que grass and

west regraded closed 28 1-8 bid.

Cheese Snob-Ont while closed ll bid; Ont col ll 1-2 to 12.

Eggs Spotv-Ont A large 37 to 38 1-2; A medium 29 1-2 to 30; A pullets 27 1-2 to 28; B large 24 1-2 to 25; B medium 23 l-Z- to 24; C 23 to 23 1-2. .

MONTREAL, Dec. 2'1_

Wheat, nor no 2 96.

_ ‘Barley C W no 3 44. Oats, feed no 1 3'7. F1001". spring wheat

firsts $5.80.

Flour seconds $5.40,

Flour bakers $5 30.

Flour winter wheat choice $3.80.

Flour White com $4.80. ‘

Bran ton $20.25.

Shorts ton $21.25.

Mlcldilngs ton $26.35.

Rolled oats bag 90 lbs $2.75

Hay no 2 per ton carlots $10.00.

Cheese no 1 Ont white 11 1-4.

Cheese no 1 Ont col 12.

. Butter no 1 26 1-4 to 26 1-2. Ens in cartons A 1 large 49-50. E888 A 1 medium 39-40. ‘

Eggs A 1 pulicts 38-89.

Eggs A large 43-44.

Eggs A medium 33-34.

Ekgs A pullets 32-2.

Eggs B large 29-30.

Ezss B mrdium zl

Eggs C 27.

Potatoes 90's P E I mts $1.30 to $135. v 80's P E I f/lhblers 31.25-31.30.

80's P E I rnts 31.20-31.25.

80's P E I cobblers $110-$115,

80's NB mts 01.10-81.15.

89's Que mts $1.00 to $1.05.

80's Que cobbiers 85-95.

Ma rkcts A t A Glance

patents.

patents.

(Canadian Press)

Toronto and Montreal-Indus- trial stocks lower.

Toronto Mines-Irregulariy high- or. New York-Stocks closed un- changed.

Winnipeg Wheat 1-_4 to 1-2 cents lower. _

New York-Cotton rubber lower; coffee higher.

unchanged, art i sugar

MINING Y

(Canadian Pram)

TORONTO, Dec. 27-1110 min- ing list of the Toronto exchange had its strong and its weak spots in today's. market but on the whole the up side had the better o! the "Bliment. Fifty issues recorded rains and 86 lost ground, the base metal and silver stocks favoring the advance while the golds Ihad more losses than gains. The’ gold index weakened .64 to 119.69 and the miscellanco mines index gained 3.1710 122.66. Volume ex- ploded the 967.000 shares, the heaviest since Dec. 1,2.

The higher-bracketed golds worked lower, only Wright Hal'- greaves retaininc a minor advance. Lake Shore dropped a point, Mc- Intyre 7-8, Dome 1-8 and Holi- inger 25 cents.

Falconbridgo and Sudbury Bas- in starred for the baso metals. The forms-r gaining 30 cents and the latter 70 cents.

TORONTO, D90. Z'l— Stocks

Dome . Eliiflfilllil ii‘ lirlli

Homestead . Howey

J iii (‘ons

Kerr bllkc- . Kirk Lllko .. Lake Shore

.\lil| (‘orp

MclVntillrs

.\lorris K .

Niplsslllg

Nlmlnda

Nor Cnn .

O'Brien ..

Ollla Oll .

Pnyllulsll-r

Perron . . . Put (‘oh ... I'll-k Cro . Pioneer

Prl-nlicr ..

Pros Air . ltend Alltil ilcli Lllko Rollo Gold ..

Silver . . . . .. Total sales 002.000

UNLlSTE Central Gllardlau locals, 4a par ardr Waller-n and haters long. h gglttlirlrfk ' n '9." war-J- Anuaunearnlula and 4 mlng lvaula l; ‘a “M, chdud (‘all billn . p» word: ll llrnaallam Notlocl. m m, lnobl alm- of I'lo I (‘-0 (foo

Qltlrltull Offariu a C rlla '. u‘ '

"I, "m." "MIMI - ‘Era-QM - 4° W! Illlfl [Aura oi Coadolauoa. 70o. “m!”

"m, om” "L: u Jflpueagnennmlnaa. 10-. an [not or u. an }}'},'mf,’“0,,

"will charm In any asvmlauaav runny-m. m“ Hill] Rav u, ‘ Lake ar — -_~-~- m"? 1c .

- ~—-—- nl y __ To Let gifzsi-fi“ " *""““*“._:_- ar l . ousa no bar-cs POWNAL. For Sal” ..—_ {I322 195.1’ ' Apply 6'1 Pownal. L-4103-l3-28-3l. m; “wqmwny Fnlsnnn gglbulhlnntu cow. Guernsey grade. Apply S. B. n“ ‘ m 9mm streehlsu" M01115 Glilispie, Milton. L-cosa-la-ao-sl. C ,

_ ___ __L-4076-12-37-8i. - . ll l’ 1'8 n C l 8 S

T0 LET - TENIMENT no. a Water Street. Immediate pos- wivn- Apply i-ilaroolca Co. L-8976-11-19-tf.

__.,..-

FOR ltENT—PLACE SUITABLE for hotel or rooming house. Alan rooms for light housekeeping‘. Apply Charlottetown Real Estate.

I 1-4104-12-28-41.’ "“ ‘ *2‘:

Lost

LOST BETWEEN SYDNRY ST. and Basilica, valuable gold ‘ ‘, "Blinks. Finder please leave at Qlllfdilll. RQWLNI.

- ___ L-4080-12-27-3i.

___~ Work Wooded —~ - -*_"=___i=—_~_-_— 1:." --—-——i EMPLOYEE}!!! WANTED B! yviml man, strictly sober. non Bmokor industrious. varied exper- ience. vest $600.00 in enterprise Waring decent and ‘ * r‘ living. Write John Cameron.

136k 490, lnvsrllcss. N. S. 34-4016- 2-34-28-30-81.

Miscellaneous _____= “ll DIST CB8! ‘I'M-AS Pill- iiiit fiilyour faini is a Bun 141a

IIIIHIIRCO l Wtlldll Dffltfltl $110171 b11690] min] M0118! f6!‘

our . it J. A. lloorll.

(111110 llllgowhlarlottdtom.

= _ --l . u‘

m um you nu cul-

on.) ru-arl-tlf

\

SCRATCH PADS-PADS i)! 106 sheets 5 x 7%. Price 3 cents per pad. Postage extra. Guardian Office-

soa sans - soc-non scary. Pivs Bridge and Wbist Scorn culls Guardian Cdlltfll Job Printery. i

POX PUP! FOR SALE TILL December 91st. Highest quality. 51811611 ll. B. Coffin, 230 Grafton Street. L-408l-12-27-8i.

. Male Help Wanted

i?!‘ ..__._ _ ____,,_____

YOUNG MAN WANTED FOB. flu-m help at once. Apply 0. H. Wwdlide. T110 Il-4060-l2-1i.

nstr WANT!!!) ma snails work. Apply 8. K-X. Clyde River, P. o. moea-la-rs-sl.

durum-lop w an arm ‘ro learn Barber Trade. Short Ocular export training. Molar Bar-bar Col- lege. nailin- _ . 1746s

lluln wanna roll allwtalou $575,111.72 T13 3L"'»‘av."&"v Bouts of 600 families. Write roday. of g3»- b- 1'" l "\"" ‘n, no I all pnaoaa hula!“ any

a can or» ~ -.--- ---- . --... - 7411-8660117-6-7-13-14-30-‘81-37-30. KKK-Mimi?‘ " c ‘an 7'5: Cbaaaalln- a4 llldhw Courts Dilli-

‘Canalllan )

MONTREAL, Doc. 27-04040:- wrlencies declined fraotionally on in i foreign ‘exchange today. This poun at $4.96 13-16; the United States 5-82 of one par cent at 3-4 per cent premium _and the Punch franc .01 of a (cent at 6.84 cents.

NEW YORK, Dec. Bt-Sierling and the Canadian dollar went higher. the French franc slightly lower in the foreign exchange mar- kets today.

The Dominion dollar rcducod its discount from 15-16 to 3-4 per cent. The pound was up i-4 at $4.93 1-8 while the franc, closing at 6.68 3-4, showed a loss of .00 1-4 of a cent.

CANADA . rnollvégqDwAllb III-AND P!‘ CIA IIIOBI ‘III

‘ orrarlllgga

vrcu- ‘

n: run lulu-ma or run als- rwru or Charles nun- Into of

Charlottetown la Queen's Dill": llacoaaolb ‘lath-hi

'80 D. I'll

lag la ea Wad

ll. mason salon ma oa- praaslon-Bo a Oiviliarvarlt-

M , I!‘ rnsnt Job." ll. O. O. Civil larviol school, ‘mrouto <10.) I. I. w.

OI__ Ill 10th llay of January A. D- I '7' h" “ “m- lwflrhiaihfll olallls 2'4‘..";‘..'.“.€ 7ft:- lllla will

nkuin can an Day of pom-m i. "- "r... i ( f ur-rn a. uaaornllt

luau. Ii-iiillggl-Ii-l-Yl-‘I

i .

1v. Y. Stock Exchange

‘(llllllllli by Piiliclll and Company Members of Montreal stock exchange and Curb Market)

Stocks Open Last Am For Pr 7% ‘I Aln For Pr Pfli 28!‘.- Am \viIl-£‘l'\\'0l'k1! . 217g 211,5 Am ll I 135 Aul T unll 'i.‘ ' 154 Aln l lli . 231 Anaconda 28 Auburn

Atcilisoll

Gen Illlec Gen Motors Gr Non Pfd I'll. '1‘ unll '1‘

mrmn Co“... gout War

k5 H ' h Central Paramount .

U Va nudilllu

Western U . Westinghouse

Mt ’l. S to ck Exchange

S lid b Pltfislll and Comnfllly Slefilyor: ofylloutrsal stock cxclurngc land Curb illarllst)

gtmk. Open 101st ... .. 1401/ 140

ill/a 9% if i) Power 28% 25% Dom Stand C 4V1 4:1‘: l‘an Cement iii/l “Al. Curl lllll Al 11%

Call Pllc 1t 11 W?“ Dom Bridge 2i‘: 31% n Tnb 1*! '1 lull-r Nickel 407k 40% \Icifoll Fl-ollt 127i: f‘ Mom. Pow 31'»: NV; Nat Brow .. iim/l 51!‘!- Nut SL001 c ifi 1-1

Power (‘urp .. 1i 1i Shawinlgllu .. . will liilis So Clln l‘r .. 1'1 13 Steel of Call 50% 50% BJNKE 52%

Can Bk of [hull

EX i’

(Canadian Press) MONTREAL, Dec. and foreign exchange in relation

27 —-Bi'itish

Total Assets Have Crossed

l

Reflecting the definite unprove- ment in financial conditions tilroughout the large field it serves, The Royal Bank oi.’ Canada is is- suing to its shareholders a state- ment that shows very substantial growth during the year.

As a result. total assets have crossed the eight hundred million mark. Deposits have again dupli- catcd the remarkable gain o1 the previous year by increasing more than $50,000,000. At the same time, holdings of high grade Government bonds have increased to $209,453,208 up from $150,708,385. Of Special importance is the tendency o1 cur- rent loans to move upward. as a result of the gains that have been evident in mB-ny lines of business. Shareholders will note with sat- isfaction the high esteem in which the Bank is held as reflected by an increase o1 more than a hundred million in deposits over the last two years.

Strong Liquid Position

The general statement, which is for the year to November 30, shows total assets of $900,919.700, ll/p from $758,423,904 in the previous year. Oi this large total, liquid assets have, reached $423,673,881, as oom- pared with $382,172,287 and ‘ are equal to 58 per cent. of total liabil- ities to year. 0i’ this large total, liquid assets are cash on hand and deposits in other banks of $157,830,- 042. The outstanding change in liquid assets is an increase in the holdings of Government securities of $58,744,823.

Commercial Loans Up

Current loans o1 $328,821,416. against $328,782,534 at the end of theprevious year, show a moderate increase which is encouraging when it is taksn info consideration that as against increased demands from industry on account of improved business. Liquidation oi‘ slow loans carried during the depression has continued and the general exper- ience on this continant is that com-

' mercial loans of banks are still dc-

Mark-During Year _Dcposij.s Increased Over $50,- 000,000-Liq_uid Assets at $423,673,881 Are Up From $382,172,287 and Are Equal to 58 Per Cent. of Total , Liabilities to the Public. , ' »

creasing. Gail loans in Canada

the Eight Hundred. Million

i

show a movement in~ an upward direction and are reported at $26,- 338,679, up from $23,430,645, a gain, of close to $3,000,000. Call Loans, outside of Canada at $19,916,857 are‘ down $10,690,198. i

This is likely due to the very iowi rates o! interest obtainable in the’ leading financial centres of the world, mainly London and New York.

Largo Gain In Deposits

0f interest to the general public. as well as to the shareholders the showing made in deposits. These, now stand at $688,366,512 and are up $51,000,000 during the year. This follows on an increase in the prev- ioue year of over fifty millions, which makes the gain for the two years over 17 per cent. As was t0 be expected, saunas deposits in Canada have continued to gain and the decrease in interest-bear- ing deposits is understood to be due to a. policy of cutting out of the payment o1 interest on 3.19.1118 pro- portion of the bank's deposits out- side of Canada.

Profit and Loss Account

With lower interest rates pre- vailing, profits show a slight dc- crease but wefc sufllcient to pro- vide for dividends and the usual charges and makg a. contribution‘ to Profit and lboss Account.

Total profits amounted to $4.- 340552, as against $4,398,217 last year. $2,800,000 was applied to div- idends, $200,000 transferred to Bank Premises account, $200,000 t0 the Officers’ Pension Fund and $1.- 037.772, for Dominion and Provin-

pius of $102,700 t0 be added to Profit and Loss Account, which now

t5 - Nomad the bank in circulation ‘ Bills payable . . . , . . . . . . . . . . . . . . , . . . . . . . ..

cial Government taxes leaving asur-i

stands at $1,609,554.

The siaiemsnts issued this by leading Canadian institutions have shown that Canadian banks have never been in as strong a position as they are at present to meet commercial demands as they develop.

at; 5 3-4.

Bathurst Paper, one of yester- day's active leaders. again touched a new high level today when it rose to 12 1-2 before easing to a final level of 12 3-8, up half a point. Other newsprints were neglected.

Total sales were 17,919 shares; bonds $3,100.

Average Same On Irregular

d was off 6-8 of a cent-

to the Canadian dollar as compil- ed by the Royal Bank of Canada closed today as foilows:—

Argentina peso .2744.

Australia pound 3.9715.

Austria schliiing .1897.

- Belgium belga .1700.

Brazil milreis .0565.

China Hong Kong dollars .3248.

Denmark krone .2223.

Finland iinmark .0220.

France franc .0884.

Germany reichsmal-ir .4057.

Great Britain pound 4.9682

Holland iiorin .6845.

Hungary pengo .2996.

India rupee .3760.

Japan yen .3907-

Jugoslavia dinar .0232.

New Zealand pound 4.0115.

Poland zloti .1904.

South Africa pound 4.9494.

Spain peseta .1377.

Sweden krone .2566.

Switzerland franc .3377

United States dollar 3-4 cent premium-

‘NEW YORK, Dec. 27-Foreign exchange irregular; Great Britain demand high 4.93 1-4; 10w 4.93; close 4.93 l-8; 80 day bills 4.92; France demand 8.58 3-4; Italy 8.07; Belgium 16.84 i-2; Canada 99 1-4; Germany free 40.21. ‘

Closing exchange rates:-

At Montreal-Pound 4.98 13-16; ‘U. S. dollar 1.00 3-4; franc 8.64.

At New York-Pound 4.99 1-9; Canadian dollar 99 1-4; franc 8.58

-4.

At Paris-Polufd 74,90 fr; U. s. dollar 15.18 3-4 fr; Canadian dol- lalr 15.00 n. _ .

In gold-Pound 12s, 1d; Canad- ian dollar 68.97 cents; U. S. dollar 59.48 cents.

per

Dullness Is Feature. Of Mt'l. Market

(C. P. By Guardian's Special Wire)

MONTREAL, Dec. 27—Post-hoil- day dullness continued to charac- terise dealings on the Montreal Stock Exchange today and prices closed irregular after gains had been surrendered in a late decline in interest. ~

Prices firmed narrowly at the opening in fairly active turnover but the tickers failed to keep up the pace and afternoon trading was marked by long spasms oi in- activity.

Metals. active leaders yesterday. wcloagainwtheforoinwdays dsalin and International Nickel and lidatsd Smelter-s hold good gains. Nickel was up half a point at 46 1-2 um- touohing 46 and limiters loss 2 pointy at I07. Noranda romainod unchanged.

A few construction issues sul- fmd declines. Canada Cement Common 10st 3-6 at 6 1-6 and the profsnod 1-4 at 69 following an- nouncement of a considerable do- creaae in surplus for the yang-o-

minion Bridge dropped a full at 66,14 and llasaay flrria

Market

(By Frank» MacMiilen. Associated Press Financial Writer) (A. P.,By Guardian's Special Wire)

NEW YORK. Dec. 27—Thc share market tangled with realizing late in the session today after a smooth trip over most of the trading route.

Year-end adjusment of accounts and tax selling was reported by brokers to have played some part in offerings. At the same time profit-talking was discernible in some of the recent gainers.

A res, ‘able segment of the list was able to hold steady, and a fair number of gains were registered, especially in the indus- trial, oil and specialty classifica- tions. Mining shares gave the best performance most oi the day, fol- lowing the raising oi the London silver price a. shade, ending a three-week decline.

The net result of the mildly ir- regular market was to leave the Associated Press average of 60 stocks unchanged at 54.8, with a small upturn in the industrials cancelling minor dips in rails and utilities. Wading was moderately active at 2,145,168 shares, but some 200,000 shares below the level of the previous season, which was the most active in more than a fort- night.

In the bond market the advance in U. S. _government obligations which featured Thursday's session failed to carry through today, with most issues dcvwn slightly. Corpor- ate classifications were mixed.

Aircraft shares took a breather after their recent. sharp upward movement. with declines of trac- tions to around a point shown in such issues as Douglas at 51 7-8, Boeing at 19, United Aircraft .at g 1-4 and Wright Aeronautical at

In the Canadian list McIntyre- Porcupine was off a point. Frac- tional losers included Lake Shore, Hoiiinger, Dome Mines, Canadian Pacific, International Hydro-Elec- tric Prcfened, Imperial Oil, Ford of Canada, Distiiiers-Seagrams Canadian Industrial Alcohol A and B. Dominion Stores. International Nickel gained 5-8 and Hiram Walker was up a minor fraction.

Ca ttle Shipped _

To U. S. Must

Be Desease Free I

(C. P. By Guardian's Special Wire)

OTTAWA, Dec. 27—Ali breeding cattle shipped from Canada to the United States after Jan. 1 will be subject to blood tests administered