I . l

-- _ - rum

188 Itch-and 8t.

a lIVESflfEllI’ riioaiinvis

INQUIRIES INVITED

' FQJ. BIIEIIIIAII 8i COMPANY LTil.

I l l '1 lleuberrlnveatment Dealers’ Anaoelation of Canada l.

l. M. BAGNALb-Maaager

Charlottetown pilephone 1470 t

Advertising llates—l'ayalile ln Advance i

Minimum Charge l-‘or Any Advertisement 25 Centa Central Guardian Locals 5o per word; Western and Eastern Locals ‘ 2o per word; Announcements and Corning Events 3c per‘ word; .

Classified 3o per word; ln"M

’ Notices 84c per inch; Lists

of l-Inral and skuritual Offerings. Cards. etc.. 5c per name; Lettera of Condolence 84o per- inch; Wedding Engagements 40 ivorda for

—=.___-__.1___

$1.00 and l0 cents for every additional It words; Notices of Thanks and Appreciation. 84c per inch or 5o per word; Llstsvul Subscrip- tions. 49 cents per inch: Address and Presentation $1.00. Other rntea on application.

For Sale . ileip Wanted iron sans: A- licxii-nn POSTS ‘y, C i - ~ -— and Stakes. Terrence lliageiinls. lérz“ tzilxz\"u'll_l$lg ‘lea! (*5 v Hui”m'al°' T‘ Vlfeyriiuuth ‘Sit-Kin v 4mm A --i+———~ — -————~—~—~—r— - - '03 SALE — MILK AND KIIEH 7 _.‘.~*"_—'A'f "“'“‘_ " ifows iJcrseyi. D. l". MacDon-| i"‘j"~‘_"_"_‘"""> “m GI’ I141‘ , ‘iOJSBMOlL. Wiite D.. try/o Gum.

iiid. SCUPiF.

l-‘Oll. —s.4i.r: lwsri-zizn SLEIGII. '

Doii MacNcill, Summcrside.

NEW WOOD SLEIGIIS FOR SALE. Apply Fulton Robertson. Hunter River.’

iron. sA-LE-Pi-IT PUPS. APPLY i0 Byron Ncwson. York.

iroirTsKic-Lrinriihiilicrfréai

feet, 6 inches long. 12 inches wide; one rubber belt 44 feet long. 10 inches by seven-ply;

one rubber belt 44 feet long. nine inches by nsix-ply. These are used belts which have been discarded due to changes in our equipment, and are in good condition. l-lall Manufacturing and Cold Storage Co., LtdSum- irierside.

W Wanted

WANTED - BEER BOTTLES. Hides, Iron and Metals. i-lighest. prices. Fast service. Phone 2208. Maurice Block 5.: Co.

WANTED - ALI.‘ BOTTLE! Highest prices paid. Fast pick- iip service. Phone 2542. Evenings i107. nilohueiiflros.

Baby bhicks

FOR SALE" R. 0. i‘. SIRED AND Government Approved Chicks. For prices and particulars write Maritime Chick Hatchery, Saint John, N. B.

‘__Sal§m_ei Wanted

. RALESMAN OR TRAVELLER TO

carry sideline of agricultural in- nPCllCldBS and chemical special- llP.‘-'. Excellent commission. Ap- ply (Iaiiadian Distributors Lim- ilrtl, 254-56 Niagara Street, Tor- onto.

dian, or phone 1586-6.

y “unwrap-cruel non V GENERAL housework. Good wages. Apply 2i Wryirioutli Si.

Opportunity

SPLENDID 0l’l’0R'I‘U.\'I'1‘\'. AVER- RSG $45.00 weekly for man or woman to supply more than 250 l-acnilex necessities to the people in your neighborhood. Write to- day for complete details of our iicne-tesbcd plan for fast, easy, direct - to - customer sales. Cata- logue Free. Fzimllex. 1600 Delori- mier. Montreal.

Miscellaneous

rKiYiirivifh-“niibmrsiicn? ing call 2l27-J. WILL G0 TO HOMES

AND DO

hairdressing. Phone 40. ' , w. . . . .._.._~_.... CURTAINS NTREYFCIIIQI) AND

Lac» .l)l(‘(‘.lOlll.”. stretched. Phone Ll l.

WOULD THE PARTY WHO picked up a pair of lady's red fur mitts nlczire lerii-o at. the GUKl-Fillliil Oiliirr.

EFZCIIANtiPI STAMPS. SEND

Tvours. receive mine. Ed. S. i 265 N. Harvard Lns Aiigrics, Calif.

WILL MAII. FREE COPY‘ OF the much-blessed gospel booklet “Safety. Certainty and Enjoy- ment" on i-rquest. No strings al-

~ inched. R. (l. COWnIl, l iVlcGiliiv- ray Ava, 'l'01'Onl.Q.

__ _._. ._.____._-r

lfygsonall"

FOR NEURALUIA. LUMBAGO. Rheunuaiio Pains. CIlPSI. Colds. apply Heal Penetrating Glory Oil. At your Druggist.

‘la-Let T0 LET -- UNFIJRNISIIED rooms, heated. Phone 2031-1...

“Tier - TWO Uwifiisiiifi heated rooms. Phone 1465-1...

Teachers Wanted riznciuiiii-winivi-isrn av 1st iFirst or Second Class). Win- sloe South School. Phone 1586-22. Earl olldd, Secretary.

“miilyflcucirs

TITCIIENER BIG-l CHICKS. WE- dont believe there are ainy bet- ier. Backed by s. program of breeding covering many years on time ilatcheiys own farms. We can take your Order here. Order new to get your spring chicks early -_ theyre the chicks that pet lnto production for the best markets, with Grade A Large nrd with good body weight. Gland- Clow. Ciow 6r Wad-man.

Box 45, Kenslngton. 18.

blast Found Straved

LOST-PONTIAC HUB CAP BE- iween imperial Service Station and Parkdale. Finder please phone 598-J.

ilarsdlrunlis For Sale

FOR SALE-—il)35 CHEVROLET half-ton pickup in A-i condition and at a very low price; also 1946 special deluxe Dodge coach. equipped ivitii heater and de- froster. This car is priced for quick sale. Both cars can be seen at 75 Rochford.

OTTAWA. l2 —(C Pl — Warrants charging Mr. and Mrs.

Leo Emery with abandoning a five-moiiths-oid baby and failing to provide for their other three children. oldest of which is five were issued today after the four children were found abandoned in sub-zero weather iii an unheated trailer heart-hr cily‘s outskirts.

WANTED

TWO IIUNDRED CORDS OI“ LOGS ON OR. BEFORE MAY FIRST

Pine, Birch, Fir, Spruce Preferred Lengths 8 to 20 Feet Price According to Quality WEEKS‘ MILLS ELLIQTT'5. P.E.I. Dealers in Rough and Finished Lumbar, Shingles, etc.

{WAR SURPLUS

lifetime, finest quality. puddles.

$25.00.

'4 7W0 guarantee everything beverages, it ire wonderful iglimigin m: am

s

. Regulation Air Force RuHcr Dinghies, Army Surplus, brand new, being sold at u fraction of the original cost. Just ‘the thing for Fishermen, Hunters, etc. Will support over I000 lbs, and weighs less than 30,ll>s.

2 MAN DlNGHY-i-Volise carrier, pump, repair kit, liond Complete price—$29.95.

Z MAN DlNGHY-lixoct-ly es above but less volise. Only

TMAN RUIDER DIYNGHY, with repair liit, pump, one poir 31cc. aluminum oors-$35.95.

4 MAIN’ RUIIER DINGHY, complete with canvass carrying’ compump, repair kit, aluminum odrs>-$49.50.

4 DlNGHY-lixocrly as above, less carrying case.

“ silicon‘ wont-late idllfetime. . .

Available for immediate delivery wtiile they lm. =

RUBBER BOATS

Should lost for n

in In in perfect condition end ‘opportunity to own the finest, made. _We repent ‘once more,

SHE

Montreal

l3 S-l 35

20 8-4

Can Cement Can Pacific .

Ceinnese .. .

Gan Car Found l0 5-8 Can Car Pfd . 18 Can Steam .. 12 Can Paper l5 Cocksliutt .... .. 101-3 Can Vickers

Dom Bridge .

Dom Coal Pfd .. . Don A . . .. Dis Seag Dom St B .. . Dryden Fraser Ford A . Foiiiida A .. . Gen St Wares .

110W Sniitli .

Ham Bridge . .

Hir Walker .. . 25 Cali 1nd Al ll 5-8 int Nic Si Imp Oil i4 a-4 lni Pete i2 7-5 int Power 43 int Paper 49 1-4 imp Tob i3

B C Power 25 Con Smelt . 92 1 l Luke Woods _ .. 27, Massey Her .. 16 3-4 McCall Front . l0 1-4 Nat St Car . .. 20 1-4 Can Nor Pfd l0 Ncrarida ~46 1-4 Price Bros 58 1-2 Quebec Power 1'7 Sliaivinigan . 90 3-4 St Law .. . li

St Law Pfcl 38 l--i Dom Tex .. 11 3-4 Dom Tar . . 35 3-4 Wpg Flee A . 2i 1-4 St of Can 88 Brazilian .. .. .. L7

Produce

MONTREAL, Feb. 11 ~(CP)-- Produce prices quoted here today urere reported by the Dominion Department of Agriculture as fol- \OWSI

Eggs: Free oases. A large 44; med 41-12; A pullets 3040; B 38-39: C 28-50. Packed for ex- port. A large 45: med 43.

Butter: Wholesale Que pasteur- ized, fresh and storage no 1 51 3-4. Current receipts Que no i pasteurized 87; no 2 06. First grade creamery print job price oil 4o 1-4. solids ss-ss 1-4.

Cheese: Current receipts west- ern white 35 7-8. (Fob factory shipping points) wholesale: West- ernasuhite and colored 36-36 1-1_ No other prices established.

Potatoes: Que no i 75 lbs 2.00- 2.10; NB no 1 75 lbs 2.15-2.25; PEI no 1 215-135; no 1 2.00- 2.10.

New York Exchange

Markets closcd~ Lincoln's birtli- day.

SllIPPlll_8_llEWS

AT HALIFAX- Arrived Thursday Inverness County, horn. Nova Scotis, Boston. Island Connector. 8t. Nfld. sparrholm, Baltimore. Saiied Thuraday Florida, for New York. Savannah. Baltimore. AT SAINT JOHN- Arrlved Thursday- Prlnce Willem. from Rotterdam Sibley Fork, London. Salled Thursday Port Sydney, for United King- Clem. Lady Nelson, Halifax. . Baskervllle, United Kingdom. Manchester City, Manchester. Magister, Halifax.

Markets At A Glance

from Leg-

John s.

fhaadlan Pun)

‘Iioronlo-Stocks easy; mild lla- es in all groups.

Montreal-Stocks mixed; papers ahead, others unchanged.

New York-Stock market clos- ed; Lincoln's birthday. ‘

APPEAL SENTENCE

MONTREAL, _Mn_ ... .. . . andnzeiua Beaucnge, textile itnlon organisers convicted at St. Jerome and sentenced to two years on charger arising from a strike at Lsohute, were released on ball ‘of $3.000 each-todaypendliy hearing of an appeal.

Feb. 12 -(CP) Parent B‘

4500 Detts 100 Delnite

1600 Div int

6500 Duvsy

3250 1i Suli

. 8S0 Giant

5000 Goldors

100 Hallnor 1M0 H3568;

315 Rolling 5500 Rosco 2000 Indian 6300 Int Ura

2000 Jscola 5500 Joburke

' r2000 Kirk To i405 Labrndo

4300 Lapaska 400 Lteltch

1N0 N16058-

2000 Marcus

6800 Negus .. 3000 ifioholso

9550 Norzone 700 0Bri i100 Okal s.

5000 Osiako

4500 Hoeiiett 5000 Roybar

aioo Bladen 44m Bonne-

isoo Yukon

Total sales ,

355 Con Smelt 500 Conwest ._

4100 Dickenson 7000 Discovery

3800 Duquesne

2200 East Ledue I 1300 l: Mal

37000 Eldona . 3500 El 801 300 Birch. 200 Falcon .. 840 Frobisher

3100 Gods m... 8050 Gold Man . 7000 Goldhawk

8000 Goldvue

N00 l-feva Gm

i805 Home on i000 Homer

2.40 l-iud my“ 515 imp Bank .

660 Int Nickel .

1500 Kelwren . 5400 Kenville

850 Kerr. Add 18100 Kirk Gold . 3300 Kirk lake .

3400 I. Dufaiiit 300 lake Bhore

moo larder u".

2000 beirindin 3200 Llngman 400 Little LL . 5500 louvlcourl’. 8685 MacDonald . asoo Maclleod 1050 Madsen .

000 McKenzie 3000 Mebellnn . 4000 Mid Cont

100 Min Corp

3950 NOW Mar

440 Norands . 1500 New Rou 9805 Normetal ..... 8000 North Inca

4M0 Pen Rey . 8500 Piccadilly 300 Pickle Cr 1500 Pore Ree!

800 Preston 1800 Que Man 2020 Quemont

440 Royal Bk

1000 Rupununi i200 Sen Ant 5500 Senator . 11500 lherritt . 5000 Sllveir 1411i

1900 BMW Rdfi 2000 Sturgeon. .. 180 Sullivan 400 Qyivanita . 700 Tack H

410 Waite Am . not Yellorex

100 Iknthills .......... .. 10o Pond Ore .

4000 Base Met l0 W00 Bear 50 31600 Beuulieu . .. l0 1-‘ 150 Bellewi-re . 890 25M Bevccurt 40 1800 Bidgood .. 91 1-3 6500 I\‘r1t Dom l6 2500 Buffnd 70 400 Cal Edm 375 i000 Ciarnpbell .. 251 300 Bk of Com 22 530 Cdn Brew . 2i 300 Cas Tro .. 125 2500 Cent Pat . . 135 4700 Cent Poo‘ . 1500 Centremaque 2000 Cheskirk . 500 Chmterville 2300 Cochenour 5000 Colomac .. 100 Coniiigss . 4300 Con Beattia 2500 Con Home

L .

f1

53 “a dol-

W“. l’.

l!

\

2500 Ornnitrans ..

O

r.

CURB

602.000.

t

l undersigned.

rm

n ' v . .

Tenders willie received until noon Tue .101 rewiring tlia Iniiemant of Trlnltytilturcli,’ C deficient.

Pleas ‘and specifications rneyja sprained’ at office '0!

Lowe» or any tender not nneeudvily‘ accepted;

, lone. 1'. Wm.- w

" 008N701 Tmieajaeid ieliainil "Si; f ‘ " "

p Fab. 17th,

GUARDIAN. cruncgrrnfijowu _

Bub t rtlo‘ AnuAiEIARdport, presented to the shareholders on February 12th, 1948,

those of 1946

progress and sustained development tell die I

/

amounting to 513.131”. '

/ FEBRUARY H 1a, 194

“IFOR THE YEAR 1947

tory of The Eastern Trust Company in 1047. The rhowsan increase in net earnings over

Total assets advanced by $4,081,737.88 more than the previous year to $92,036,407.85, sn ell-time record for the 55 years this Company has been doing business.

The individuals and companies constantly being added to ou and to the high regard _in which The Eastern ‘Ifrust C the Companys familiarity with day-to-day business

from the experience of 55 years.

r clientele testify to the value of our services mpany is held. ~Accounts large and small benefit from nditlona and from the seasoned Judgment which comes

We offer our aerbices with confidence to all who require trust company advice or liclp through our head office or anyof our various branch officer. ‘

______;________..__ FIFTY-FIFTII ANNUAL REPORT OF THE

BOARD OF DIRECTORS

For the Year- Ended 3lst December, 1947

To the Shareholders:

Your Directors submit herewith the Financial Statement of vour Companv for year ended {list Dec- ember i947. -

During the vear the Company's business aizsln expanded and for the better convenience of clients of ‘on: sfandlnr in western Neva 8co- tia n Branch office was opened at Ynrmcuth.

‘Flil N81 Enrnlnrs were 31.95.3210“ n! m], grflfulnt nmvlslnn for lav" reeltilrcd 560.000 Dividends. at the "Puller rate of 511110 were nsid. aw’ n.1- halsnre \\':-s Mrlr-d fn the Prof" 1nd fns Aeooiirt which now stand: tit S40 354 .10

The sum m 511042.84 was ‘errittew off the account Office Premises "suit: and Q-fr 1700M" Boa-es and 1h- "vr\»v\r"furr on Office Fixture-- of "8115072 has been ‘in-Mon out i» If- entlrefv. Aw amount of 87- 3.14 07 we: used (m- wrltln! flow" "In-lot" Cults‘ Am-flllfil Assets ‘I'M account "BI-sf Estate for Sale" "and: on "in Ffimh"““'l hooks at ‘h- nnmlrinl value of $100.

Three veers acn a hellnninl W!‘ ‘nativ- in the creation of n Sta" "r-nsirm Hind. and that Fund l- "rrllvfll" In nor-ration In addition to “"- rv-"nthlv r-rvritrlbullvn! tnllllln“ @4407» made h» the Corner-r" “"7*va—1‘IfflJ' 111-47 In ei-v-nvnl of ss- "517 M" ‘been ill ulrl- from Pro- "it ~~i Loss on account rvf nest bio-Jr‘.

As A result 0' the xii-pr’: "pere-

"Mi 0f oxmlrln" 'f"‘ii"l_~r “sets lncrensrci hv 8400i 7.17 '1" ""rlrm the var-r In a fnfel of $9"- 1~~e4n7n7 u-‘iich constitutes n n»... '-'r‘~ recnrri nf business on the q

Thr- sum of 8500M was transfor- red from Real Estate and Contin- izent AFCOuHl! in Reserve Fur-d estabiishln! that Fund at 85511000.

t

The Morten» investments of the Company, amounting to over 86.- 750000 in value, have continued t!‘ ho administered arelnliv. with duv- rczard in assist n! the borrower- c- far as nnasible ln all cares o’ "'l\'f‘i'.=ll\'. Tn rmv eventW-f arresi" '1' Interest nrlslm: mi Cmnisan" ‘Invite-r: the-v. of enurr-r- are m" taken info Earninvs All MOHIIIPI continue in he under constant In- rnecttnn 1w n Committee of the Peri-d appointed for that pin-nose

Tha- Oneratltinv and Records of the Pnmnariv were nihlcctrd to the we] examination bytlie lns-oectinl

vour Board. All Items of the C onnvh Assets o-r-rr rvemlrwrl hv Mir own Yrwnfinflnr- ma" purl Aud- ‘tors. and the Ccrtlflcnn- of the lai- Orr is affixed to the Report.

The cost of carrvlnr the hune war debt necessai-Elv continues to entail tu-nvv t-xnflon at hlch rates in Cnmirln from which the public is v-nrHEfllV lookirw. for relief. The controls which the Pnvgrnmlnl ex- ercises nnrursllv enlnll remilstinns which ere-We difficulties and 0""- niwfllcs fly-t hr-ffle nnnv lmilvl- duals. finder these circumstances ‘he ndvlrp of the Cornpanvh ex- neriem-ed staff has been. and Ia be- lmr rnnrfswflv yin-rm 1n fnrreaslnr measure. Natlirnllinilhtn. "I! vai- iim- of 'T‘rusf business tn it: var- ‘oue niece-s continue: In expand. "71P hnllrv n! tlvn fiom-W-v ls sl- ...,...a fn rive a hlchiv efficient ser- vice in customers larc- nnrl small: ""- Dlrtflnre rssllre that the ex- ‘rllencr of the service to clients l! o! nrant lfllPPreO m the nubile: 1n- "F217 l! arse-moi f» tlv- wrnivfh and nrnnerlfv of the Comm-luv lllelf.

So that the expansion r-f the Cnm- nanv mav not be impeded Pei-lin- "vent ls brim! asked tn amend the Aet 0' incorrinrsllm 1w lecrenslnr the "draw-May's authorized canilnl ln 554.000.1100.

The Directors expressed their wr- row at the death of Hon. W. D Ross nn ex-Lt. Governor of Ontario and 1on4! a Director nf the Com- nany to whose councils he bronchi the benefit of his wide experience and wise advice To the vacancy M the Board and In the onalflnn nf Chairman of the Tov-onfcrAdvll- wrv Cmfimlltee- Mr G. H. Rennie l-i-s been rnnolnted.

Your Directors wish tn exerenl their appreciation of the loyal and efficient service which the member:

e Staff hnvn continued to ren- der tn the discliarze of their duties.

Reenertfullv rubmllfed on behalf on the Board.

T. B MCCURDY. President.

llsllfnx. Nova Seotln. Silt January. i948.

‘PRIIIDINT ~ RON. F. B MeCURDY. PC.

W. ll APP IRON. IQ.

l. G. BIAELEY, I39,

A. KIRK CAMERON. ISO. AL EH1‘ S. FRASER ISO. J. W. GODFREY, ISO. KC. FUNKY J. HAGUE NO" K6. C. II. B. LONGWORTH. ISO.

.7. G. BARRIER. EQ. DI. W. W

HQ. I.C.L. '

IAIN? tons. N. a.. novieéaa sonaa ‘ J r. r. an-Ann. mo. - \- airman

RALPH a. BRBNAMISQ- o. c irenvrrv no. * iiucn unciuiv. IO ' . wan-e uoscrou noviaonv aonnn

no '1'. WEB. i...

. IJABILITII! Capital Paid p . . . . .. 8 1,000,000.00 Reserve Fund 550,000.00 Reserve for Mortgages . . 71399-97 Profit a n d L o a a Ae- aouni . . 45.84.10 - P r o v l a i o n A g a l n s t. Li‘ a b i l ily ' for Taxes. 94,971.67 Dividend No. 187 d u e J a n u a r y 2nd, i948 . . 20,000.00 A I \ - 8 1,783,516.00

DEPOSIT FOR INVESTMENT: GUARANTEED . . . . . . 111.210.353.23

ASSETS Dominion, Provincial. M u n lcipai a n d a l l n t lI e r Bond; .. 5 741110355 ‘stocks 194.832 00 l. n a ii s n n Stocks and Bonds . . hiortcarcs Accrued Iii- leresl o n M n r fences rind Rnnds RM‘ Estate llr‘rl in? ‘ Stile . 1.00 Office Preiu- \ lscs. Vaults and Safe ll c n n s l t ‘lures A ‘\i""f"‘F l0 T". s f a t e s. 'l‘l‘l.isl= and Awvcirs C‘ ‘ch "i Bank l! n d ‘o n llnnrl R e l‘ u iidahie Portion Ex- cess Profits Taxes

35 795 4'2 477,990.08

9 ,259.6fi

70,000.00

152,776.20

93.977 4!

8520.74 —i--— 81.788.318.00 DEPOSIT "OR INVESTMENT: GUARANTEED: D o m in i n n, Provincial . M u n i cipal and other Bonds S tl.225.2i!.nv Mortgages 3.455 655.74 L n s n s on Stocks and Bonds Accrued in- terest on M n r fillies and Bonds Cnsli in Bank

a n d ' l-larid - 474,095.13 -—-———- 511.210.359.28 ESTATES. TRUSTS AND AGENCIESI Stocks and

l 1122,29] .715

32,103.39

Bonds 589.338.620.22 Mortgages 2.8183162: Savings Bank 512,777.88

L n a n s on Stocks and