DEC;-.M.;-ER" 21; 1950 PAGE rnmreesr
("TO-"
lloyal Bank Figures set New cenadlen Banltlng Iieeord
Mm-ked growth in every depart-
the public. Included in the banks
nt and the establishment of new liquid assets are Dominion and "191, records in the field of Cana- Provincial securities totalling "3 the seoe.1ee,oot.
are revealed in d"iL'n.?nIllhe?t or The Royal null: 3? Canada. Sim lamdr covering the V0” min”! NW ember 30, 1950. the balance sheet l,,.,..5 total assets of sz,m.a'ze.s42. .5,-ms total represents an increase 0, 5152390330 over the record figure OT 3 Y9” alo- peposits have moved up to 53337,5oo,468. This In increase of l'45352,wo over the figures of a in,-' ;go and is a new record in the ' 1.1 or Canadian banking. In- wmg bearing deposits have in- .,-easecl by 33.735535 '0 "Wh 5 fem 0; ;l,los,9ls,2ee, a new mail. Indicative of the mounting tem- og business and industrial acti- p.P,, in the Dominion is the in- VJ... in commercial loans in Erallllda. Continuing a trend which has been steady since 1046, the W51 under thiskalsleadingmc 2:; , ,1oo , an r :fn;:;'7;E1,3::f6as compared with re 0! a ear I80. W M” yition of the beat 15 ycry strong. Cash assets total- lmg s471,113.08a are equivalent to 1954 per cent of all the bank's pubIIC liabilities. Liquid assets are again higher and stand at 51.717.- '.65.-i0:'. which is equal to 1120 DE? cent of the bank's liabilities to
Alma uni Vicinity
Mr. and Mrs. Howard Dunbar re- nlnlcd hcme after spending a few days in Amherst.
Miss Catherine Wallace. teacher oi Alma school went by bus to summerside on Saturday.
lirs. Arthur 72;:-nie was hostess to the women's Mission society on Thursday the 71211 01 December.
.. Mr. and Mrs. Archie harbour and lmle daughter Carl, Miss Zens Barbour and Mr. Isaac Dmbar were business visitors to Summer- side on Tuesday-
A variety shower mu held in colemsn Hall for Mrs. Jack Dun- bar lnee) Miss Mary Wallace. A large number of useful and costly gills were received which test-llles 10 the popularity of Mrs. Dunbar.
A miscellaneous shower was held at the home of Mr. Bert Pridhem ior Mr. and Mrs. Hillard Pfldhl-'m iillo were rcently married. A lame mmlhcr of useful and costly gifts ilt'rP received by this popular couple.
The many friends of Mr. Albert Jordon (Murphy) are Sony 90 hEBT or the death of his sister Rita ilarlc Jordon in the Charlottetown Hospital at the age of fourteen years. a private funeral was held Ifom the I"ra.nlk I-lennessey funeral li0hlC to st. Dunstan's Basilica.
Mrs. Basil MacNelli is spending -.1 law days at the home of her daughter Mrs. Ralph Ftennie. The many friends of Mr. Carl Macbellan
' ;::.-ngcst son of Mr. and Mrs. W.B. liacipllan are so to hear of lilo contined illness in the Western Hospital and that he has to go to Prince County Hospital for more X-rllys. All are hopirlg for a speedy recovery.
Best wishes are e-htcnded to Mr. and Mrs. Hilton Hardy nee Susie Wells of Elmsdale who were recent- ly married in Charlottetown. Mr. and Mrs. Hardy were attended by Mr. and Mrs. Harry wells of Elms- tiele. Mr. and Mrs. Handy are spending a. few days with relatives in South Klldare and iilllmsdale be- lore going back to Charlottetown where they intend to live.
A meeting of the Aim; school Federation of Agriculture was held in the school house on the night of Dccembe-r the 14th. Mr. John P.
Bank Premises account has in- creased from 813,001,901 to tl'l.- oserlot. reflecting the bank's pro- gramme of branch building and improvement. A number of new uranches were established in areas of new development. existing premises were modernized and the. latest type of mechan' I equipment installed to ensure fas- ter and more efficient service to the bank's steadily increasing clientele.
After the usual deductions for the staff Pension Fund and Con- tingency. Reserves, profits for the year were 311,046,138 as compared with 010,018.24: a year ago. of this amount 84,012,000 has been set aside for Dominion and Provin- cial taxes and 31,213,413 -for de- preciation of bank premises. After the above deductions. the net pro- fit was 10.669326. This compares with 35,011,521 in 1049. out of net profit t:i.500.000 was paid in divi- dends and 83,069,726 carried for- ward to Profit and Loss Account. resulting in a balance of 36,020,030. From this amount 38,000,000 has been transferred to the Reserve Fund, which brings the latter up to 060,000,000. leaving a. balance of 07201000 in Profit and Loss Ac- count.
West Cape and Vicinity Mr. George E: Springfield
West was a visitor to summersicie recently.
Mr. George Cu-ruthers of O'Leary was a visitor to summerside re- centiy.
Mr. and Mrs. Albert Robinson of Springfield West was a visitor to summerside on Monday.
Mr. and Mrs. Elmer MacLennan and family were visitors to Slim- merside on Friday afternoon.
- Mr. and Mrs. Gerald Gamble oi Unionvale were visitors to Sum- merside on Firlday afternoon.
Mr. and Mrs. Ira MacDonald and family of West Cape were visitors to Summerside on Saturday.
Mrs. Alvin nix of Springfield West was a "visitor to summer-side on Saturday.
Mr. a.rld Mrs. (Elmer Machennaa and family of O'leary were visitors to aummerside recently.
Rev. Blair Colburn of Spring- field West was a recent visitor to Summerside.
Mr. and Mrs. Bennie Maclsaac and daiwhter of Cilenwood were visitors to sumrnerside on Monday.
Mr. James Hudson. Summerside spent the week-end at his home in Cascumpee.
Mr. and Mrs. Bayfield wedlock oi 0'Leary were visitors to Summer- side on Monday.
Rev. and Mrs. John sheen and family of Elmsdale -were recnt visi- tors to Sums-nerside.
Mr. and Mrs. H. Cfocltett of Alma of Rosebank were recent guests of Mr. and Mrs. J. Macltay, Coleman
Mr. and Mrs. Kenneth Ellis oi O'leary were visitors to Iocke Rood recently the guests of Mr. and Mrs William MacDonald.
Friends of Mrs. Laurette Col'i- cutt of Cape Wolfe are sorry to hear of her illness. and hope sht- may soon be restored to her usual gocd health.
-THE GUARDIAN. CHARLCTTETOWN
"" --
Now On Sale And Until Christmas Eve
Regular 55c
OBANGES
Size 252's
47c Doz.
Assorted Flavors and
Lemon Pie Filling
3 for 250
Note These
McLaren's Manz
ELLO
fiozbambaz at
Give er Banquet Air to your Festive CIr:isI'- mcs Table with these Qualify Foods--Every- - thing from Appetizer to Dessert!
Christmas POULTRY
no highlight of the Festive Table . . . serve one of these tender, succulent birds. Available no Turkeys, Geese, Ducks. Chickens at the Lowest Market Prices - Order Early for the Best Choice.
OLIVFS
6 oz.--Regular 40c
33c
SHOBTENING
INSTANT OOFFEE
Domestic, Regular 40c lb. ..
Maxwell House
Sparkling Beverages
Canada Dry and Morrison's Ginger Ale. Kiat, Coca Cola, Chateau Thierry Cocktail Mixers
in all flavors, Angustora Bitters. etc.
Fresh Sweet Nuts
All varieties including Pecans either shelled or in the shell. Mixed Nuts - Almonds. Bruits. Fllberte, Walnuts and Peanuts at 40 cents per pound.
Regular 690 ....
OOOKIES
Weston Variety Package Regular 35c-Special ......... ..........
26c
JELLIES
Wilson-Pineapple, Cherry, Strawberry, Grape-Regular 22c
19c
CANADA DRY
Ginger Ale and Orange
30 oz. Bottle 25:
Plus Deposit
BOTH FOR
FRUIT CAKES 1
Plum Puddings, eto . . . ranging in price from 55 cents
Ip. Cell,” .. ,,-ending "
2.75.
TOMATO JUICE
COCKTAIL
Aylmer's-20 oz.-Reg. 17c
PINEAPPLE
Aylmer's Tasty Cuts-Fancy . 15 02- tin-Regular 28c for
FRUIT OOOKTAIL
2 tins 27c 23c EZ";tf.l:I235fz;.. ............ .. 396
FRUITS and VIIGETABLES
For your Christmas and New Year's Festlngl There is a complete selection of the finest quality Broccoli, Wax or Green Beans. Can llflower, Lettuce. Celery, Cucumbers. Rud- ish, Florida Canola, sweet Potatoes, Green Peppers. . Grspes, Oranges. Apples, Grape fruit and Bananas. There is also a variety of FRESH FROZEN VEGETABLES AND FRUITS.
'l'angar'
FRESH FRUIT! Include Pears.
0
MIL h I d M y Mr. and Mrs. Cecil Palmer of
Dumx: 33:: 551333”: "A hr; Q-tarlottstown were visitors to . number of interested farmers at- Spwem v?"'dwv)t-112:1 lllI1"ePtlmy Aylmer
lend:-d and a number farm topics W?" re Vzsnnkrm and Mrsuimgbgg 13 c
e” M 9" ' ' . 02' Here are the quality Foods thst will make your entertaining a wonderful aucceaa. Ripe and Stuffed
ll-ere discussed. It was decided to Organize a Holstein Breeding Club. ll was also decided to treat all the cmlc in the district for the warble ii.v infection.
DARLINGTON W. T.
The twelveth annual meeting and shopplm" , Size 180,5 I Size 150's r . " titular. 1;i.0f'iJtal;.Iy&IT:1l:Qe;IKth0eT gaging! u M,-. 0:n:l”e1QJtrsdaH0f;dtiI: faarciml; Regular 29c Dozen . Regular 35c Dozen liirs. Sterling Mscbean with the Emir”, 0, spmlzmd 5”” mm BAGGED BAGGED
Drosldent Mrs. Donald MeePherson msiding. The meeting opened with the ode followed by the creed. Roll call was answered by eight mem- bi” paying their dues. one new member was welcomed to the In- Willte. Four visitors were present. The minutes of the last regular anti annual meeting were read and ilvllrnved. The officers for comint Year were as follows. President - Mlsv Angus MscPherson. vice Pre- sident - Mrs Lloyd Macucd. Sec- retary-Treaslrrer - Mrs. Yltil Camp- bell, Auditors - s. sterlinll liaclean and Mrs. Donald Mac- Pherson. Press - Mrs. David Reit- "lt Directors - Mrs. Louis Mao- Pherson and Mrs. Angus Human The new committe for next three months are as follows: SB - Mrs. Mmrean. Mrs. David Rennie. Mills .iiacPherson and Mrs. Angus School .. Miss Laura smith and Wis Dcnslda MaePhcson. lad Cross .. Mrs. Lloyd Maclood and MP5. sterling Machean. : A financial report was given by lsmetary. rt was decided to get I590 capsule. for children. aIlleet- . 0" amounted to 00 cents. Pro- lggmmo consisted of readings by Ml Lloyd Macuod. and Mrs. . mzus Mselaean. Meeting adjourned hoftgsdellcizus lunch was served by
. mm” Ntulet monthly meeting of ' ("illusion W. I. met at the home 3,, Mil Ans-ls lleeuan with the min: president Mrs. Lloyd Macnaori In V94 by creed in unison. Roll iharse meeting opened with ode
England.
On Sunday afternoon. service was held in the Bethel United Church of Canada. Titre was a very good attendance. The weather has been very favorable for the Chrlsinlas
returned home after a pleasant motor trip to Nova Scotia. while there they visited relatives and friends.
'-Mr. Leonard Pa-ppls scn of Colonel James Pappas. M. D. and Mrs. Patppss. Cape Cod. Mass. or- rived in Summerside by plane on Friday evenlml. He is spending his Christmas holidays with his grand mother. Mrs. John Macbennan and his uncle end aunt, Mr. and Mrs. ltslph Mactennan and family. uonard will visit with other 1-- latives and friends before returning to the .United. States.
M...-............M..M.. call was answered by six members and two visitors present. Minutes 4:: last meeting were read and an- umved. Correspondence was read Mrs. Llovd Macneod and Mrs. Don- ald Macrherson were appointed to attend Civil Defence meetings.
It was decided to buy Christmas treat for ohildrerrwand gifts ior shut-ins. collection amounted to do cents. Next meeting to be held at the home of Mrs. Angus Mac- Phas-son. Roll call to be answered bvlexchsngtne New Year's rift! Prograrnme commit - Miss laurslsmith. and a. sterling Micuen Programme committee .. Mrs. David Mania and Mrs. Don- ald Ilacfhenon took charge and put on two intereatlne contests which were twcn by Mrs. Lloyd Man- Lnod-and Mrs. David Rennie. Meet- ing adjourned. A delicious lunch
was served by hostess
P. E. I. Delicious APPLES
2 doz. 49::
iv. oz. 42::
RELISN
Heinz India 9 oz. size-Regular 26c
22c
SWEET POTATOES
Regular 14c lb.
.. 12c
SOIIASH
Imported ACORN
"Where Old Friends Meet and 'Shop For A Merry Christmas"
I Olives. Pickles of all kinds, Colored. Cocktail on Ion. Antipasto, Anchovies, Caviar. Capers, Imps;-1- ed Sardines. Cheese, Liverwurst, Salami and Cock tail Cherries.
GIFT BOXES
The ideal Christmas Gift for many on your. list. Have I Gift Box Spe-
cially Packed with choice 6-
for someone'. Christmas Cheer.
2 lbs. 21c
SOIIASH
Local Hubbard
2 lbs. 156
e
Ganqng's Delecto
Cl-IOCOLATES
1 lb. Box-Reg. 1.75
1.49 t .
Maple Lee!
W HAM
TENDER Bone In-Reg. 70c
57c lb
Help Santa To Help Other SUPPORT THE
KINSMEN CIIRISTMAS TREE
Bring or Send Your Donation To The Clrrlsrmas Tree In I-lOI.MAN'S Grocery Dept. 4 V.
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