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_I  ., . _ 1 _ _ .:. .___ _
_ i., ‘_-_ .. _v
CHARLOTTETOWN G 9
\Vheriever you have funds available for investment,
.
no matter how small or _how large the amount, whe.
ther you wish Provincial Bonds, City or Municipal
Debentures, Public Utility or Industrial Bonds or
= Stocks, write us for our list with quotations If
' you say the word we shall ask our traveller to call.
1
F. B McCURDY £9 CO
Members -Montreal Stock Exchange,
Halifax. St John. Montreal, Sherbrooke. Sydney]
Charlottetown. St. Joh|.'s,NfId. __
\\/ .
X l
_ 1
MARITIME BEC URITIES.
l
Quotations iumisned by 11'. B. Mc- Ja" 23 '12'
Curdy & Go., Stock & Bond Brok-
ers, Members Montreal Stock
Exchange, 164 Richmond
St., Charlottetown.
Atchison 105*
Amal. Copper
Brooklyn It. T.
lc. P. R.
' Erie
LeHigh X D `
Nor. Pacific
Reading X D
Southern Pac.
Union Pacific
U. S. Steel
64;
79
2311
311
16s
118;
1561
110;
Banks.
Ask Bid
Jan. 23 '12
British    ...150 147
Commerce   .f......216§ 2155
1062
Amer. Smelters 72 72|
04;
is;
231;
ai;
165:
iisa
157
110;
Nova Scotia X D  ........2775 276;
248 247
Montreal    
Royal X. D., X. Rts............224; 223;
_ Miscellaneous.
Acadia Fire ..........  95
Acadia Sugar pfd  100
Do, ord .... ..  75 71
Brandram-Henderson com  ...20 1
C. B. Electric com......  .
East. Can. Saving & Loan 142
Eastern Trust . ........................ ..152
Halifax Cold Storage Pd ...100 98
Halifax Fire  
Mar. Tel. com......,..................48
Do pid .... ..   ......10l 98
N. B. Telephone  101
Nova Scotia car lst Pd...............90
Do 2nd Pd............__.45
Do 3rd C|Pd_..............33
Do Common  
Standelds Pid   ......104 102
Do Com......   ......63
Trinidad Cons. Tel. C0m............_..30
Trinidad*Elec  .......  ...77' 73
5
 .._50
137
98
46
Bonds.
Brandram Hevicrsou 6’s ...100 97
C. B. Electric 5's......... ......95} 95
Chronicle  ............6,s 101 991
Maritime Tel............... ......6's106 104
Halifax Tram...... ............5,sl0lg 100
Nova Scotia Steel Istmt .5,s 955 94;
N. S..Steel lst mort 5’s
Do Debenture Stock...105 103
Porto Rico  90 89
 ......6's 1021 101
Trinidad Teles..................6’s 101 99
Trinidad Electric  ...5,s 93 90
MONTREAL STOCKS.
Open Close
Jan. 23 ’12.
Cement 29;
Detroit 69;
Dom. Steel 600
292
70;
60
Power 195 194
Ti-amways 245;
Rich. is Ont 123;
Rio 113_l
Shawinigan 120
Toronto St. 136
NEW YORK STOCKS.
245#
123k
113}
126
135
CARD
To the Electors of Charlottetown
Ladies and Gentlemen: At thc
solicitation of a very large number
of citizensl have consented to be-
come a candidate for election to the
Board of Sewer and Water Com
missloners at the forthcoming elect
tion. Being unable to call o_n every
elector personally,I take this mearu
of soliciting your support. if elected
I will do my utmost to safeguard
the interests of the taxpayers along
the lines of economy and equality.
1 Remain Ladies and Gentlemen _ ’ i8o acres of splendid la_nd,iio acres
Yours etc 0f;WQhlCl_1lS Ctlliafbifd "1 ig°°d 53;; Respectfully Yours,
P. A. SMITH 1 Cl; *“'“*‘°“» ° “ °”°° S °°V . l R. 1. LEDWELL M.n
I-l8dtf in any quantity. Bhipby freight. exnres with hard and .soft wo0d‘The.buil(l' I2- rdtf ’
s a char as.»n remit i l in s and dwellin house are in first _,
r- 1' " ‘ 'l ormsil. W p y 2 _ I§- E " '
w~i..».  "“"'§f’°$'i"§'-'?.R"L"’i‘3..f"l.li<fi‘?.i‘i'¢if.§"»'.I§2 ‘ :less revalf- If “°t S°ld ily March
‘ ld tP bl' Auctlonfwith stock,
Tn  C’ H' ROGERS’ walkerton' on* |;i?op ‘rind iiiiplements. For particu-
and business men generally.
You will need l-0 start l9l2
with Home new \
Letter Books, Journals. Index
looks.
llseord looks. Fries lsohs
Illss.
Inks, Account pspsrs, ln.
volops. '
Fsolscap ste. ste. Binding
Cssansfeyouusinpour "Sne-
eass” "lindln| Caossl. for
hitters and invoices, every ¢
business msn should have them.
0oly$2.5lio ons dozen lou.
Our goods an bought right
ssdsold rlllst.
Carter Q C
_ i.i.»aa.i.'°'°"°'
~ ssssssssssssossssoss 1-._-= ...ll I- F- Wrlwf. For
.».._.._ -.....»'_ ..  '- . i
, . _
_ '_ ii- ni I in _ _ _ __‘ fd A t'
. . -  -2 r6i uc ioneers
Office Supplies °. - _/ @¢,_ - _ - I mw --1-- --
§l:.°.'°...f'fl‘.i:‘:.°‘.:r:'.:.;i‘*' gi  _ .,
Lodpsrs. Day Books. Cash """ " ` , 1; `\ . 
Books. 5 1 5 y] N -'
1671 1611
06 sei
COTTON
<ou:§Ctoo
ea-i»F~o=»-¢
»-¢ui<¢o'1oo
9.20
9.30
9.45
9.72
9.56
January
March
May
October
July
GRAIN
May
July '
1001
94;
100%
94;
PORK _
Open Close i
May
July
16.25 16.10
~'~.` ar” *_ V:  '
_,,,_s',‘.’%-' 1 _.7  l
S31 x ” 1*
=i-|"'l'-"/
rli -C U' °
-i"'3 2 -_
2:91 _ "
0 
;._‘“"""
l -_ 
manufacture. It will pay you to
fered in Brown’s big sale enable you
, _
I ` iv. c. 1'Avi.oi\ a. oo.
’.JllTll`l' YUI HOUII Il fill WOILII
lol l:_lsohsnn lullllno. Ct- Louis, Ns.
-és-
" 1-odrisi . _ "7
men »
this. etc.
DIRECT EXPORTERS AND
MANUFACTURER
21 wldrl _
`\

»}2\i
_xt/5
See Our -
Signet Rings
Our line of signet rings is 0n0_0f
the best we have ever shown.They
comprise the best designs from U10
leading makers. When getting une
ot' those rings you are sure ofsecur-
ing one hundred cents worthof value
from every dollar spent. _ _
__ Womon's signot rings, initialed
  Sl-25119-
Men's sigiiet rings, inltisled
..  $l.25 ull-
W. 1:1. |Tanton
_cuiin
Kingston Glrl Saved hi
“Fruit-a-llves"
Heart Weakness and Heart Irritation
a_re the common outgrowth of ludiges-
KIOB.  13 f0fU.l¢_LI in the gwmggh
and this accumulation of gas bulgcs
out _the walls of the stomach and presses
against the heart. Palpitation, pain
over the hcsrtfsnd sometimes a feeling
of smothenng and dizziness, all are
caused by the stomach and not because
of any organic heart disease.
- "Fruit-a_-tives” will always curethis
Well. _imtatcd condition of the heart
by cunng the stomach.
91 Cuzacv Sr., Kmcsrou, ONT.
“I suffered for some years with a
dangerous form of Heart Trouble. My
heart beat violently, and I had pain
over the heart and down the arms. I
lllS0_ suffered with Constipation null
Indigestion. I was treated bv phy-
sicians and took many remedies, but
_ nothing did me any good. '1`hen I
1 began taking “Fruit-a-ti\‘es", and this
` medicine completely cured me of ull
the heart trouble, constipation and iii-
digestion, and gave me back pcnfert
heaiih." (ii-iss) MABLE Toni).
5°¢- I 1901. 5 fOr $2.50. or trial size,
25c. At all dealers or from Fruit-a-tives
Limited. 0ita\\'it.
. HUWLING
, In s recent bowling matchin duck
fpins in the Arena Alley League the
lMechiuiics defeated the Comets by
113 pins.
The following are the scores:-
MECHANICS.
Harper...... |-
~ .....»- 0
263
268
275
    255
216
Gay......... . _ ,
McInnis......
I Jewers.
COMETS.
Beer.........   .  250
BrehaulZ........ _  250
Smith......._ _  222
Hig»gins......... . __  241
` 1213
Majority for Mechanics-113.
 ihard, per lb. 14 to 16 I’ape’s Diapelisin is a certain cure.
1’elts, each _ G0 to 80
__ _ .l 2 _ _
"Winter clothing and furnishings are Ducks 1 l?0 14 | "-'*'-'_-_*“°~* _ .
being offered at below actual cost of FOWI 9 t0 13| “We have a Splcndlll lille Ol ri*-611 S 1
stock up on underwear, overcoats,au<l , AVIATOR KILLED. 'warm, formerly sold at prices ruizg-
sweater coats, now for even years iii .ing fl`0m 30C Y-0 75°`I10W gfling at 19C
advance for the sensational prices oi- L08 Anz¢le=.J¢w~ 23--Rufheffml lie -ize H. H. Browne. 1-2-mai. _
Page, s. wealthy graduate of Yale
eiving his licence as an aviator, fell
150 feet yesterday nt Dominguez and
Having been requested by ei nunibrr
fElc;-tors to nominate as a Couiicilli-r
"orWard Five al the forthcoming Elec
ion I beg lo accept thc invitatioii and
(take this opportunity of soliciting the
, fuoport ol' the Electors.
| If elected my aim will be to encourage
he development of the City as a centre
of trade thus providing more employment
to our people.
I am yours truly
JOHN lllcNEVIN.
Ch`towu, jim. 15th ioiz.
-i5tlmwfi3 i
1 Valuable Farm
of one hundred and eighty acres
1`0KONl‘0. |815 WALKERION |895# fm. Sale on easy terms, at Brackleyi promise if elected to give my best-
ALL KINDS WANTED - Poiut. The undersigned offers foil”-U“n“°n t° the "feds of um Wmfdl
*private sale his beautiful farm of
ist, itwill then be advertised and
| Lars apply to Charles McEachern on
| premises or
1 BENJ. CARTER & CO.
1 -§’f'>
\\\\ _
I
“"»\\‘.. '
|\r\
.|.. -
NVIDI-
_
lil. ,
ummm `- 1
_,_ll ‘
It’sd not difficult Jo ight the lrigidlog
‘r‘l‘i‘i‘i "iff-‘.’4'§ ’3linp'i'l niifillliif. vt.
use no nlurlous so d In our proposes-
thus our nfgthop prolongs the its ot
your lines. is s one renault Wh! ¥°\l
°"°“'i' °“'°":i°i.':.~ err' :.:.'.§“aiiiii
¥¢ii'lr.sTi?dn rgsztlnllt at dis rizht time
Star Steam Laundry
people committed suicide in l910|
than in 1909, according to the latest
statistics on " subject announce
1rncnt today 11 f » ressy L. Wilbur,
ciiiei mtisticsn ._ . vital statistical
of United States census bureau. The
death rate from suicide in 1910 was,
16 Pei' 100.000 of population in the`
census bure_au's death register urea,
which comprises about one half the
~ country’s population. and covers;
twenty-two stated an a number of1
large cities in other states. The rate
was 16.5 in 1909. There were 8,690!
suicides in 1910. suicide by firefirmsl
was the favorite method of self»dc-sf
over 1909. Poison was a close second'
_ B. . ; D . .
hanging or strangulation, 1,265; as-
I |531 msusse econ iisanii
i
l lffl 1 mtwiiait_si.un~ir:: _
.
t\"U¢l$i0¥1. and showed an increase; ,izil f'El"_§_l_'vi_i'_-'___|.A“_':"
,ull its use izisciu-'.'.-moan
1.1 sooo. ,Pune tooo
._a=-_-
'.‘L_\_`_'_'
-» `..fiT1a
\
.1_.-"2
 
..-:_ '_ .1/-L.-Q
._ .- _ .- Ag gi,
1 _ "-.._.. _pi-:__
  _
 ""1  . ' 31
ill
l
.?_“;_°
°' lvl _
f  _
, .1 __
Methods employed were detailed asl ',".A MAQE-_  mf.,
ioiiowsz 1,-l -, _ 1,43. ;|lgi_q§i;l| » , --_lil
Firearm 2 561 ' oisoii 2 456; “,l',F.;  1"- '{l‘i'Rl§, ' 4 4'5llll|i,-’-il
...:.ll.  _ 1 - *L11 ‘....'.=-:lui
.1-
:H111
H  ,__ _ _ . . _ _ _ _ '_ _Y ' ' 1- A _ _
"5  _ _ _ -_'THB harms; Nl!! . _ _ THE _ UARDIAN Fm T I _ _ IV_ UARY 24, r 12
 _  _ ._-:_ . _ _ ' FIREARMS USED 1  .__ A  , ,.___.p_._._.,.,.,-i, 'westgpn Canada Power C0m|)a||y [imma
‘Ii-~¢f ~ 'v.__,';“g,\_'.§l_ 9
_ ___ 'l 'i.‘”.1."‘--"`1'°'1"-'-“l`ff’1”l'5'1'”W‘AI*“’“‘r| "li‘:"~"'--°v~l.;.ii_f_=
tw-‘tg  _._ _   Mosr IN suicinns
ri 1.- . * ‘
KJ- ,‘___" . "`: ' ‘ _ WASHINGTON, Jan. 22.-Fewer-I
5 p. c.
First 1\lorfgage_§ii\v.ing Fund Bonds,
DUE JULY lat, |949.
The Company are now delivering about xo,ooo H. P. in Vancouver
New Westminster and surrounding districts, and_ expect to sell their en:
tire present development of 25,ooo H. 'P , supplying a connected load of
_;o,ooo I-I. P., before ihe eiid of 1912. The net earnings from the sale of
ihis power it is estimited will umoimt to $5;io,ooo, or z 1-: times the interest on the
present authorized bonds. . _ _
We offer a limited amount or these Bnnds_al the attractive price of
90 AND ACCRUED INTER! SI'
RllYilI. SECURITIES CORPOIlA'I'ION, LIMIT]-1|)
(II. Bradford, Manager,) |64 Ilollis, St. Ilslifax, N. S_
Toronto, Ottawa, Montreal, Quebec, London, Eng,
‘ - 1 _ 3
We 0llei' Any Pail 0150 Sliares Porto
_phyxiation, 931; cutting or llierciiigk
|instruuients, 144; jumping from high
places, 137; crashing, 58; other
NEW YORK FISH ADS
Rico Railways Preferred Stock.
means, 131.
_ SERVANT /PROBLEM.
FREDERICTON, Jan. 23-(fornrn-
Army in Canada in a conference with‘
the Board of Trade relative to lin-1
migration and the plans of the Sul-_
vation Army said that 15,000 immi-.
grants including about 2,000 domes-
tic servants will be brought to t'uii-
ada iii 1912, by the Salvation Army
and New Brunswick ami the Muri-
time Provinces will get ,a larger
share of them than formerly.
Consignments Boiicited Prompt Returns
I _
issioner Rees, Head of the Salvationijohn  0
' Dividends 7 p. c. Cumulative $100, Par.
l’ziy.ible jan). iotli, April iolh, july iotli, O-sfoberloth.
Prices |08 p. c. to yield 6 I-2 p.c.
T|,¢ earnings ofthe Porto Rico Railways Company continue to show
s\il\s'aiiti:i| increasesfrom mouth to month. Afler payment of fixed charge.,
(incorporated)
New York -`
Wholesale Commission
and i'referrc<_l Llivldeiiil. eariiings now permit of the payment ofdividenq,
.ii ilic rate of four per tent per annum ou the Common block, with a com-
` ' fiirlzililc sur_,~lus,
|07 F“l*°" M"l‘°***‘ .i. c. iiiliciiiwiosn & C0.
Members Montreal Stock Exchange.
Direct Private Wires
l-IALJFAX. ST JOHN. MONTREAL
NEW GI.ASGO\V. FREDERICTON, .
iii nusi usuilli 1 ............. _ p. __
EUHES. INUIEESTIUN
Bass,SmeIts Q Eels, Specialties T"
All correspondence promptly
answerer'
. s l
__ New York Fish Ads
llittle just as soon as you con. There
17.25 17.27, OHARLQTTETQWN MA1.|,K-ET5_ l will be no, sour- risings, no belohiyng
_ _ _  1'- lot undigested food mixed with acid,
_ '__'\.,-___,_-,Q-._ ____-fri;-_k 'Jorrected for every Wednesday and|no stomach gas or heartburn, full-
' -_  '_ ___-.<4-‘-.1_;;'_lI.]‘?_“ B tt Saturday issue. ‘ness or heavy feeling in the stomach,“
‘ u r
 0   6 24 to 28 . Nausea.. Debilitating Headaches, _
‘ _ _‘ 1'.___.. `_i_..1_’-,_f?`_;-'[`\ P0l`k 63 to 8 Dizzincss or intcstial griping. This
~ _   ~ .-1:-yf,/- seat( uiirter) 11. ‘i a b 'ii '
_  q per _ 5 tg 7 wil all go, an , esi es, there will,
 Beef (small) per lb 8 to 12| be no sour food left over in thel
, ` 1; __-_I  _‘__k'-,_  BGSU. DB1” bunch 4 to 5 i stomach to poison your breath with 1
~ 1 1' -;:‘j~,“-1»?~';§'.‘-`»~_.`Kl Lamb, per lb. (small) 10 to 14|nauseous odors
‘ ALLIANBE INVESTMENT MPMIY. Llmilllll
_ _   _  itadishes, per two bunches 3 to Blfor out-of order stomachs, because itz.
|;1\""._1_. f ‘qi  1' Lettuce, per bunch , B l prevents fermentation and takes hold ‘
\__  _ imjnips 12 of your food and digests it just the
r  D £1 Hg- ‘$11113 oatésg 45 to  _ Same as if your stomach wasn't
__ a ca ere. . _
r;x§,¢Pf|,iil‘li‘ Potatoes, per bushel 35 to 38! Relief in five minutes from i1ll‘
ac ),,|lll.,l_w‘_i' Eggs, per doz. 28 to 30 stomach _ misery is at your drug
__ lll,|-'Hill' Loose hay per cwt. 65 to 70 store, waitingfor you.
"‘~."-`. 1°  %|ll'»l` | rltrnw Der ton $5, These large 50-cent cases of Pape's
  _.2 Calfskins (free of head) 12_Diapcps1n contain more than suffi-`
Hides. 9) to 101
digestion or Stomach trouble at any,
time, da or ni ht ‘ 1
Y E ~
This harmless preparation will di-1 'l
gest anything you eat and overcome
UH A    .Stencils sent on application.
i
Every family here ought to keep ~-
_some Diapepsin in the house, as any
one of’ you may have an attack of In-i | |
f ' il
' .` "1, 'I`-lfislieiiiieii, Fish Dealers.-Kindly fav
““ h  K us with \our name and address so that w
 ic ‘ * I 0 may from time to time uiail your information
of v.'ilue.
TU lll-“`l1¢fm""= If mal’ Seem ‘-l"l‘¢' All correspondence answered. Price
iif:\\ that tlicru are ways of Iiaiidliiig LMS’ Shipping cards and Slencns Sem
lisli on Coniniissioii different or better on demand. '
.limi you li;-.ve experienced. C We are established 48 YEARS
lt I-lwrliei-|»~'~i sv.,-1. l`l1\'l'lS.O\ir cnroful attention   and rcl`oi_'yo\i for standing to Duun's
` _ ' ' " , U... li:-zidling, pro-npt rt-tiiriie Mercantile Agency. Bradstreets
Boston. Mass. Transfer Agents.
Itolorevicili-1, flreenvvich ii‘iri_k or nny
liolcsals Fish house in the United State
i five minutes afterward. ‘
i If your meals don’t tempt you, oi" El Irie Nnsuravlgce
Webster.........  250 , what little you do eat seems to fill _ _ _ _ _
lyou, or lays like ii lump of lend inl _Fire In§uranceConipu.nice on L-'iirniuuilu
Eyour stomach’ or if you have heart bnhgs, blgauiéihes, I.I.ills, bchoolii, Hot(-In
,n distressed, out-of-order stomach ‘ 'lV----------_----
.'.il iuwills rf-aicli-=cl,iiol tospczilt or the Market and Fulton Nation-
,-filic lliiiiietl :nhl s.zilisf`;i<:ioiy account al Fianic ol' any wholesale dealer in the
' -Alu will be rc-vc-lzilioiis tu yriu. Our business.
For rates in the P E lslvrd Mutual oliicc of biisiiicssis the tiiicstiiithe city. ‘ ' -
iburn, that is a sign of Indigestion. I 3 efsetgn mins' Wim" MmH` atc' ew 8 FUITOO  DTi\l‘I(Cl   _
I Usk your Pharmacist for a 50-cent
,Case of Pnpe’s Diapepsin, and take a’
DD Y
O. D. BELL im Ryfney St 13-7.1,-ghsgm
Phone 1.1.1 ' . 1
Indigestion or any other stomach
trouble
lhosiery, very stylish, strong and |1
 off..-W ... $72.50 1»...!si......”§..= '_l
‘ ‘ CAPITALIZATION
$100,000.00 Capital Stock of
' The
of Calgary, Alta.
llncorporalcd Under the Laws of the Province of Alberta.)
EAR VALUE OF SHARES $l0.ll0 EACII
Capital Authorized  _ _ _  ...........$I,0lI0,ll00.00
Capital Suli_<crib€d...............  .. 588,380.00
Capital Paid   . 301,857.50
BOARD OI" DIRE(`TOR§
ITUGII A- MacI.EAN, Esq., Calgary. Alta., President.
II. N. DANCY, Esq.. Toronto. Ont.. Vice-President.
MALCOLM E. DAVIS. lisq.. Calgary, Alta.. Managing Director.
L. F. McCAUS!.AND. F.:_u.. Calgary. Alta., Secretary-Treasurer. 1
ARCHIBALD P’Icl.'_‘IAi4, Iisq.. Charlottetown, P. E. I.
to buy below actual cost of manufac- U0l~1_9§0. f_lYlllg the l`ll`Bl'» dl’-Y_ aft" fe'  - If R 
ture. H. H. Brown. 1-22d3i. c - _ ,
1   was killed.” . . W. II. I'Ior e of M'ltori. Lot 32 offers
i The engine fem upon him and his for sale his vsluahle faliin of 1.15 ai‘i".=s one
"-rm" body was badly crushed' liliundred and tweiitv cleared and in a
high state of cultivation lliu hfilance rov-
Ele¢l0I‘S 0! Ward Fil/0 “;‘-‘-1.* .2f.l“.f."“?..' TW"
Local liofird ol llirictofs in Great Britain
BEN II. MORGAN. Esq.. F. S. S., Chairman.
LIEUT.-GEN. SU? BEVAN EDWARDS. K. C. M. G.. C. B.
TIIE IION. SIR COIKNTIIAITE. II. RASON.
BANKERS
In Canada: » ln Great Britain:
1 BANK OF NOVA SCOTIA ROYAL BANK.OI" SCOTLAND. Ltd.
AUDITORS
*ne er dl lg (1 l IP 00"
L' dl” “nd (’°"tle"'e"’ ' House and ou' buildii s all in llic best
, _ ig
' sf repair.
l Near Church School :intl saw mill and
Mix miles from Cliarlottetowri. Terms
,moderate For further pafticulars apply-1
(O
i _ w. ii. iioiwiz on me pifmise
_ I-3l\\'s6i|-iri . I
l
_ .1
o the Electors of Ward Tw:
I herewith present myself as :i
‘candidate for Councillor in the_
coming Civic Elections to repro-'
seiit Vl/'ard Two. 
_ I ask your favorable support and'
 ___
1
i
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las well as to further the best in;
terest of the citizens. `
_Cold Creaml
pure, clean and fragrant with
oder of the best imported rose
water.
Nothing better for chapped
lips or rough weather com-
plexions' It nourishes the
skin.
Apply it at iiight and in the
morning sunburn and wind-
burn have disappeared.
lt is as good as the highest
priced cream on the market-
Put up in porcelain jars
i5c each tubes z5c.
E. A. F oster
' Messrs, Wcbli. Read and Ifcgnn, Accountants and Auditors, Calgary.
Montreal. will receive subscriptions forthe abov
$2 50 per share 3 months from
S2 50 qer share (1 months frnm
$5.00 per share 9 months from
Company in Successful Operation.
The C0mpaiiy was iiicorporatcil in iiio(r. and lias
made steady |iro2res.=i,`T||1:|r Real Estate Qlioltlii-gs uri:
fliil-fly in :ind aroiiml Calgary and will so continue, but
l"“*"l." ll‘<‘Y have been paying a little alteiitlori to
Suskatoonnwlierv surli ri-markab clprogress is heing
made. It will beihe policy of thc Company to purchase
judiciously in amd* near Towns and Litics which have
passecllhe uncertain stage of rliwelopmcnl. _and whose
ftitiireis a.s=urc<I_T|\i'. Company, vrilli its expert know-
lcdgc of vailiics, is boiler :ible to liiiiidle such husiiiess
than any indiviiliuil, however well cquippgd he may be
for the work.
While the_Coii_ipnny hashecn. and will continue to
bc. Conservative in the mailer of dividends, it would
appear probable that before very long a distribution of
Assets c~tte_r in the shape ofa Stock _Bonus or subsfanr.
ial Cash Dividend, might be made. If not, ligwevgf, lhg
shareholders will_slill benefit by li<.|.|ing ,, sew,-;¢y of
‘7°"°l*‘““)' ‘“°"f"'~l\'l;! value which will he reflected in thc
market price ofthe Stock. _
The remarkable progress ofthe City of` Calgary is
perhaps without precedent in Canada. Building permits
issued during the 'cn minihs ended iist October 191|
reached lhe enormous total of $li.li64,| gl]_ '
MY- H 0- M=\"l.»'=in. l’rcsidcn1ol`lho Company. in a
letter diitcd i_:,lh Novcmlier, |.,,,_ ,,,,,k,,5 ,he fouowing
reference to Dividend and l‘{i:si-r\'r: Fund: "'Whilol can
§Z 9.3
QI 2
sf '
sf'-rn
1ti_s the intention to make a ' lit- ti
_ Central Drugstore
'Will-xigali
` SOLICITORS
Messrs, Lalhwell (D. Waters. Calgary, Alla.
IIl'1»'llD l1l‘I"ICE
7I| FIRST STREET WEST. CALGARY. ALBT`.I(Tl\.
' BRANCH OI"I"ICES:
Stair Building, Toronto. Ont.
Westinghouse Building, Norfolk Sl . Strand, London. W. C., England
SUBSCRIPTIONS .
The Bank oINov.1 Scotia, Montreal Branch, and W. B Leitch, Financial Agent, Bank of Ottawa Bldg.
c issue payable as follows:
$4 50 per share on Application .
date of application.
date of application.
date of application.
Higher Dividend Pros pects
say nothing olficiul :-it ll-is titre, 1 may niciition that Bl
the t_`L‘iiipuii_y's Aiiiiunl lllrt-ling, liilloviiiig its jcaii-r i d al
gist Puri inter, it is- my inlimion lo iccon mind lint llic
Dividerd for igii he 'declared at thc rate of ii pol' CEU!
per annum, which will be au advance of 1 per cen_l over
thc Divideml for iqio I consider it safe lo S3}’_ '" th”
connection, also, that the Dividend for 1912 will be al
the rsilc of iz cor rem.
The Asset :intl Liability Return covering llie ll!"
months ended gist October shown, after allowing f~l\'_ fi"
expenses and outlays of every liinfl, except the 191| Dlvld'
end, a Surplus of Assets ovnr Liabilities ni $3ll.735~7“'
The igii Dividciid will amount to approximately 540.099'
oo leaving a net surplus of approximately $27l.7.‘i6_7"
equilflo oo per cent. of the Ci»mpany's paid-up lflflllal'
This amount nwy lic |'.1i rly considered as a Reserve Fund
in its present iihzipc, andilicCoinpany might cimliiiuo Wllh
safety alaritg its present Iin»:s.1lt in my intention. however.
at the apnrimcliiiig Annual Meeting, to propose that R
porton equal to 25 per cciit. ofthe Real Estate l'ormin8
this surplus he set nsidw, and advantageously sold-_-the
proceeds of such szilc li- he invested iii high grade ll*l°d
Railroad Bonds yielding the Company, about 5 per ce_nl-
This oporaiiou repeated frcni your to yi-ar, will lZ|V°
the Company s reserw fund ol prltty much the HMIIO
nature an is carrleu lay the Banks aiidother conservative-
ly managed institution." _
FINANCIAL POSITION STRONG. -
The Uomonnv's ntiitoment ni assets and ll I ' W bb Roadil
H _ , f I shi ities as of October lust. lllll, attested to b essrs e ,
':_l¥'¢,‘:‘Jf‘f’__PE7’};:",‘_g tg gtL';I:iliftr’;Ep`smio’t1I=i:‘. gglshowslthe value ofthe 0ompsnv’l real estate and biillldintl . s vsluedpblii
--0.---. ge.-M -~  .... 1..... ... .:i'r:.°..°':2.‘.:.':,'l;2:i.°.f°.zr1t.ai‘L2t’..f.’1:la2:'i‘.i"'1t:.:.“.:':ii:3'°“ °°"
:ql')":“¢“" V’ lg" (-"‘"‘P'“‘¥"' 'Wlndlna' anfl *D0 l0l°|¥ritv and ability ul the directors lo`l whom the Prsslg¢l\¢
kfo, t,,g‘§a°§c'g;,-'Sigglgprgiglvrsssursr devote their time exclusively to the Oornnany’s business) may be ml °°l
I _ ` li -
the rogyefggogfnvigegsyigupm:L»_:»ié’li'¢-.;'i°.i’l'orn'ifiiii‘§i.'ii1ii§»i'~“§'.if»'i>i.dii°f¢i‘iil»¥i°ii.i"iiii§'Trfffiififiiiiitffbaeii :riffs
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W. 13. LEITCH. I
FINANCIAL AGENT '
hu'  Bsnh_of Ottawa Building, Montreal. -
s,,,my.;d,_ bm N 1" Gllfosontahvs. Arshd. Mahan. Charlotlstowh. P Ll.
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