- ~'»....___,- w‘ "a :-.- -, 
     
    
   
   
    
     1 thy». 
     
    
   
   
    
     , _ ovary time. 
     
    
   
   
    
     l d “Ho” will eertlinly l 
     
     - ~ - "reception this winter it l dam 
     
     - ltnngly hood in our pea 
     
     dot, for the people are confident 
     
     W thet they can deal it eoch a 
     
     11. nhing blow it will never enrvlue. 
     
     1 every village, town and city u: 
     
     Gouda, fnuiiliuo are fortitying them- 
     
     glves with‘ t-he greatest “Flu" ani- 
     
     munition known to science-Buck- 
     
     Bronchitis Mixture. Cold!» 
     
     coughs, elm-tho advance guard! of 
     
     Flu-are met with withering tire, and 
     
     relief from. these troubles is euro 
     
     One liuutlrz-d thousand 
     
     Canadians nre only toowilling to ta_a~ 
     
     My to the great: healing power this 
     
     nteniedy contmns. l: has conquered 
     
     ' (tough: of 35 years’ standing. 1t can- 
     
     not full to do for you what it has 
     
     ‘done for others. You have everything 
     
     to gain and nothing to losc, an i1: in 
     
     gold under a. ntoitcy-back guarantee 
     
     to banish coughs, colds, brouchitll. 
     
     bronchial asthma and provcnt you 
     
     from gelling the “l-‘lufl’ lt 1s not a 
     
     gyrup, but :1 sciemitir- mixture, ‘20 
     
     {imcs strougt-r than ztnt‘ other cough 
     
     cure. One 110st: gives instant relief. 
     
     Price, 75 cents. Take no etibstitute. 
     
     None gt-nttitie without. my 513118111!!!‘ 
     
     Ask your tlmggisl’. or by mall T?" 
     
     W. K. RUPKIl-IY. LlMYTI-YLX. 
     
     MUTUAL .\."1‘., 'i'()1’.ON'l‘O. 
     
    
   
   
    
     11S 
     
     f0: m titling 
     
     Overcoals 
     
     $35. grade 
     
    
   
   
    
      119. 
     
    
   
   
    
     lust tolelt-‘e cow's in this 
     
    
   
   
    
     Splendid 101. T h cy are 
     
     bent-y 21ml t-ztrm, sizes 3’ 
     
     1t) 31-) greys and bronns, all 
     
     "11-1-111 ilt 11g 11101511!‘ rt Q- 
     
     \\'z1- il1l;'\.1ll1t\u;1li'_\'.0t1 
     
     sale 1111 clay >z1tu1-1l:1y 
     
    
   
   
    
     Metfs Imported 
     
     Vtlour Hats 
     
      Quality 
     
    
   
   
    
     1-- $5.50 
     
    
   
   
    
     Just 1G in t.‘ is lot- all 
     
     new hzmtlsotne style, grt-cn, 
     
     grey, braver and bruvm, 
     
     regular $81.00 quality on 
     
     snlc while they last 
     
    

    
     1111-1111 l-‘ur linr-(l Gl0ve> 
     
     21111 1111-11; b st MlCllil, all 
     
    
   
   
    
     sizes, rcgular $6 U0   
     
    
   
   
    
     lino on sac Sat 
     
    
   
   
    
     lVL-tfls soft F» lt Huts, :11- 
     
     zrtrnclivu nssorintcnt cf 
     
     new shapes, grey, gn-cn t r 
     
     brow 1, rc ulat- $5.110 and 
     
    
   
   
    
     ‘§'l1"1’~‘l1'1i‘b'.'1§1".S“l?-$3.1lll 
     
     2i Discount  
     
     nll Clothlng 
     
    

    
     for Men 
     
    
   
   
    
     $9, 
     
    
   
   
    
     1.311111111111111 
     
    
   
   
    
     -IT PAYlI to My to tMi wov- 
     
     1mg 
     
     l --8HOP FROM HOLMAN’! can 
     
     oz. 
     
    
   
   
    
     -CONVALESCENT. - Oliver 
     
     Rider who was operated on recent- 
     
     ly nt the Prince County Hostiltal is 
     
     reported doing well. 11nd expects 111 
     
    

    
     ‘be gum"; home in n few days. 
     
    
   
   
    
     --THE UNITED FARMERS 1n" v.1 
     
     151111111 will ltultl tht-it- annual 
     
     convcntiuu :11 (‘ltarloltclotvn in the 
     
     l._\'(‘(-lllll 'l‘hr-:11rt= on January 12-13111 
     
     1n. 7.30 p. n1. Some of the outs-tund- 
     
     In; men o1 the l‘. F. Movement in 
     
     Canzttln will lw 111-951-111 and will atl- 
     
     tlrcss the 11101-11112. .»\l1 i1\t9rest@tl' 
     
     111-1‘ intitml to mtcnd. Prr-stott lilliol 
     
     Secrctztt-yz t 
     
    
   
   
    
     l 11. 
     
    
   
   
    
       
     
     lYl-INVPI-IIKX PERSON}. IS‘ 
     
    
   
   
    
     -(‘. ll. llickic. 3111111131‘ (‘1-1-111. was 
     
    

    
     :1 visitor in Summersitlo ‘Fhttrstluizl 
     
     l 
     
    

    
     -- llr. 11111- Callaghan m‘ Qydn-{vl 
     
     was in Mtmmersidt- ‘Phut-stlttl". II 
     
     K llr-z". F. 1.. t‘o11nol_\' m‘ lVt-lling- v 
     
     '11-1.~l1 \\'.l.~i :1 visitor in- Stun-l 
     
    
   
   
    
     -—- .\l1-. l'1":\11k l’(-l't'}'. ‘x110 1111s 511-113, 
     
     undo-r '.1--;tl1ll:=1ll :11 lhc l’. t‘. Hos l 
     
     pita] \\".1< fee-ling much improvv ,1 
     
     11ml \\'1~1‘.' 1o 111s homc l-‘ritlzty. 1 
     
    

    
     T111‘. \\'. \\'. 1101111. (‘lnt-rlolieittnizl, 
     
     . -" fl- Ylw Finn-ire (‘rr-ttnt 11",. L'n._-. 
     
     Yisltr-tl Kcnsincton on T11R41 _v.-~i{‘ 
     
    

    
     - .\li.~.: Joan \1'1.\'11'.t. lm-ltslnglfill 
     
     apt-n: tho. wt-t-lt r-ntl 1-1 Uhnrlnttta- 
     
     1own.~l~'.. l 
     
    
   
   
    
     trir-uth "will nun-r»: to ‘1 
     
     . .\  llt-rthrt Sclttn-tnnrtl 
     
     11 1.1 ht:- humt- .~:111'|'r-1"111-;f 
     
     willt an 111141-11- 111‘ zw-ippry l 
     
    

    
     1 
     
    
   
   
    
     M-llm- man 
     
     Illft’ 
     
    
   
   
    
     ~l~‘1-i->11t'.-s of llr. l‘. 
     
     are sort-g.- to l1car thin he l" 
     
     11' lll :11 his homo. ' on. W. 
     
     of Plt-Iott arrived 
     
     <p-'-r1l solut- timt- wirh 111111. 
     
    
   
   
    
     _.\l1-. limb. Spray. mrivctl l~‘.'.~ 
     
     11:11: \\"‘1llll§ altt-t- spontlilllz 1w» 
     
     tvccks x3111 his [lSlFF-RK Z11 (Ytpt- 
     
     lire-lun. 1 
     
    

    
     1 
     
     ('11., l.o\\'1-r Nlonlxtauv. 1 - -11n.~1l 1'1-~- 
     
     c1111}: -.tt't1-. spl-tttllut Finis-tutu: 1101i 
     
    

    
     11:13.1 :11 l\'on.~inclnlt.-—1\'. 
     
     ~ -.\11-. .\‘_\'tlnc_v lV-ehstt-r o1 (‘t-fifitilt- 
     
     UrtH-lt, (‘ulol-zttlo. 11¢‘ ~ hi: 
     
     ltonn- 1-1-1 i\-‘n-<i“4\l‘1n, .' , 
     
     ‘ tz-irty \' 11> in Folorntjn. 
     
     1~' :1 pionw-r o: 11w minim: 001111- 
     
    
   
   
    
     ic 
     
    
   
   
    
     ~ .\l1. 1111111.‘. l} 1 .-, 11-.‘ Um»- 1-.- 
     
     ‘lunzzlon. who 1m . .11 
     
    

    
     h n1‘ tr Sussex Ii. 1M1 
     
    

    
     cr-irlt» Thm- 11:1‘ 
     
    
   
   
    
     ~.\l1'. 1i. ll. ltztyxl. l 
     
    
   
   
    
     ' "1-1111-111-11 111st 
     
    
   
   
    
     11;; 1111111 1111- hlninlnntl, whtwt-‘Mc 
     
     l. 
     
    
   
   
    
     l 
     
     ll" \\‘Ll.\' (P1 :1 fur lltljritlg trip, 
     
    
   
   
    
     M1111 
     
    
   
   
    
     c111 1111s 0111" 
     
    
   
   
    
     llLl) ENFXJSXI RECIPE I-‘(lll ('5- 
     
     TAIHII , CATAIIIKIIAL DEAF- l 
     
     SE55 AND IIEAU NOISE.“- 
     
    
   
   
    
     11‘ you know u! sunlc onn who ic- 
     
     lruublcd with (futalu-llal Deafness - 
     
     ttcntl trnlscs or nrdtunt'y r:1ttn1'_rl1 0111i 
     
     r1111.‘ 1.111s tormttht 11nd hand 
     
     1111-111 11nd yon Inny hot 1- hen“ u“.- 
     
     mt-ztns o1‘ Having some pmtr tmrfm-np, 
     
     not-hops from 1111111 :l1-t11'11~s.-1. 111‘ 
     
     l-ltlitliltltl fit-it-ntis (‘or a long tint-g 
     
     pnst huvtjruct: nizvtl that cuturrh 
     
     1s u cynsttttititinul discus-o anti 11c- 
     
     ccssttrily ruqttixcs constitutional l 
     
     trr-ntnlcttt. 1 
     
     l sprays, lnltulcl-s (11111 nose dntlrrlt- i 
     
    
   
   
    
     on 111-1.- linbln to irritate the tlcllcntt- 
     
     flll‘ unusual-s nntl I'm-cc 11m " 
     
     ,'-a.-'-- 111w the ntiddln cor wh 
     
     |l|ll4‘llll_\' IIVYIHN total dcnfnr- 
     
    
   
   
    
     1.~- 
     
    
   
   
    
     t-ls»: 1111-. dis-oust» may tm 
     
     down lhr- n11" washout-n towards tho‘ 
     
     ltmgs- which is r-tlnalt‘ 11:1 durtpcr- 
     
     mm. Thu ft-llmvtn: funnuln which 
     
     11f nst-d g-xtt-nuircly 1:1 thc tlnn||1_ 
     
     lim-zltslt t-ltmntt: is u. coustlttttmrlul 
     
     trt-utnu-nt 11nd should prnve t-:l|\o1:i-' 
     
     nlly clllt-ncimts to .\‘\I1'1'\‘l‘t3‘l‘.~l itcrcl 
     
     who Iivr- umlnr more fuvurnhle cli-I 
     
     mot:- comlltir-ns. j 
     
     Qct-tirt- from your (lrttztclst. 11 
     
     on tt-uot “wwmnt (Uottblc etrcnuthJ-I 
     
     'l‘-~l<-- 171111 hmm- 11ml add to it ‘,5 
     
     pint. o1 hot it-utt-r nntl n littln granu- 
     
     latrl suuur; -.1ir untll dissolved. 
     
     1 1111- t.1l1t._\-|1111111t'\1l fun!‘ times: 
     
     .. ltt . this will ottcn bring quick 
     
     tv-h-t front tltstrt-aslnt: hcnd noiscs_1 
     
     Flitu-‘gv-l nostril:- “huultl upon,‘- 
     
     l-Yfilllllilll! llccomc 1.1 ' nntl hearing‘ 
     
     llflDluYL- 11s tho influmnutitm in tho 
     
     t-tmlnrhtnn tuhcst n: t-wtlttct-tl. l-nr. 
     
     mint usctl in this way 11-1-4 (lllt-ul- 
     
     1y upon 1.111.- liltmtl 11ml mu - » . 
     
     1:11-11 111' the FYSLFHI and 11:. 
     
     - - 1-111 111711‘. ltt-lps to obtain tttt: dw- 
     
     .~|1r-:l lt-sults. 'l‘l1t.- pt-tepul-uttutt 
     
     I-tnty to 111mm, (rm-ts little and . 
     
     nll-tumult to Luke. livery person, 
     
     who 11:11- cntnrrlt or ltcnd rmlscs 01- 
     
     s hard n1’ hoot-int: nhould give 
     
     .1111: hPntmr-nt trl l 
     
    
   
   
    
     low price at Braces. Summersidc. 
     
    
   
   
    
     in 
     
     1 
     
    
   
   
    
     Lwott 111p pooby 1.17.1- 
     
    
   
   
    
     "_ gentlemen?» prize. Miss 1.1.1 Murray 
     
    
   
   
    
     .\I1'. l-‘1-1-.l   P11111- 5-1“ 
     
     - ll’. J. Whitney’, lllissr-s 
     
    
   
   
    
     :.~.1-... . 
     
    
   
   
    
     Lsmt-t 0111111111111.- 
     
    
   
   
    
     ‘es. This is a choice article. Saturday price 48c. 
     
    
   
   
    
     ‘ling 
     
    
   
   
    
     Waslarn Guardian 
     
    
   
   
    
     -REWARDED.-Mr. Sun 6nd? 
     
     Stumneralde, who arrested George 
     
     Moder. charged with the murder of 
     
     Daniel Barry, o! Pictou, has re- 
     
     ceived a check Iot- $2fi.00 rrom :1 
     
     brothn- o: the deceased man. 
     
    
   
   
    
     n: 
     
    
   
   
    
     -MUD CHAIN! extra. qunlity. 
     
    
   
   
    
     E_NGINES, Separa- 
     
     1-. 11111- 
     
    
   
   
    
     —EMPIRE 
     
     tors, GraimGrintler-s, 1 s. 
     
     11;: engine 11 specially." 
     
    
   
   
    
     --$U5$EX TEAM» LEAVES.- 
     
     The bll-w-‘UX ltockey 1hoys who 11125-7 
     
     ed twlth the (fry-stabs Thursday 
     
     night, 1cm by cnr terry Friday 
     
     Dunning for their ltotue in Sussex. 
     
     much pleased with the treatment 
     
     received at Sununerslde. 
     
    

    
     . .-_»\.\'I\'l'.-\L QIEETING PILESBY- 
     
     TERJAN (.‘Hl.'RL‘ll.—-'l‘I1e Annunl 
     
     Congregational meeting of the 
     
    

    
     _.FALSE ALARM-A false :1l- Prézblle-flnn (‘lnn-cll, Sunnnersltln, 
     
     urm called the Sumnlersitle iirc- was held Wctlnestlzty evening when. 
     
     n-en out ut about 8.30 Friday tnorn- 1'11» tlit‘ cm branch-s i-qionod the 
     
     ing. i! was caused 11y the fro-"t -:~:1v'_. rogr . I11.»- understood 
     
     heav-lng one end 0t the R. '1‘. llol- 111111. 111-» business of the Church 
     
     man Lt/l. building, bursting :1 t-on- is 1n :1 flourishing condition. 
     
     negation in 1h:- sllrinlilills -\.\'-'~‘H-III 
     
     and mus 111(- :1l:t1-n1 “'11s 11111011111111“ 
     
     ally tuz-uid in. 
     
    
   
   
    
     ..-ALEX. STEWART, Kensinz- 
     
     ton, has opened n groc- 
     
     ery store on Brondway1 
     
     the Burns Building. l-le 
     
     carries o. complete lino o! P111116? 
     
     family groceries 111111 are $111111"? 
     
     teed fresh and 0t the bt-st brand. 
     
     Git-c him :1 call nutl 1t share of your 
     
     custom. 
     
    
   
   
    
     -NEW ANNAN RACE-Tho big 
     
     11111111111 mt-t- lllfi-l 111 New Altman‘ 
     
     will be ltold this year on Wednes- 
     
     :i:1.\', Aug-mt 17th. The xmtnagentent 
     
     n11- mitisitlol-in: tho advisability of 
     
    

    
     11g :1 uvo tlny-‘s mot-l, 11s 111t- un 
     
     1111.1 rat-t» inc-ct has prosper-ml to 
     
     such :1 tlt-sn-o that 1t has 1111110211. as- 
     
     sumed the proportions of a County 
     
     F1111; Spot-in! uttonlirm will be Kit-- 
     
     t-n to 2111111111.‘ o1‘ 1111- truck with :1 
     
    
   
   
    
     -WH1ST AND DANCE AT 
     
     KENSlNGTOM-Tllr- tlrst ul :1 sot-- 
     
    

    
     : 01' wh'"- and dam-inc pat-tics 
     
     1111-: lull in 1110 SH" ‘l 'l‘l-H‘1l!T<- "I1 
     
     \\'ctlnr.<1l:t_s' lllglll. l1 - ' :1 urttntl 
     
     sncccss. limb whist .111. tltncinr: 
     
     wort- kcettly vrtjol-Atl l>_\' x111. The 
     
     ladies 111's! priztY was Won b): Mrs. 
     
     J_ 1-, tplgt-yp )1; 1_\|-Il<l1'c:l llarrittg 
     
     ton won 11n- 1-1111 ion llflli’. T111- 
     
     uontle-tnrlfs first prizt- was won 11;. 
     
     .\lr. .1. '1‘. .\1\*1l1'.\n. 111-. '1“. .\. llriscoll 
     
     The t‘luh,_ 
     
     :111-<-1.< 1m \\'1+1ln1~>-<1:13" niql11s~ K. 
     
    
   
   
    
     wt 1m l‘. l lslztntl. Tht- music 1111111 
     
     ' ,. 11-11 61' the lll‘t“.:l'1‘lill will be 
     
     lrzttttrt-tl qv-ciztlly. - 
     
    
   
   
    
     1 ————< 
     
     " ‘ 1 
     
     .. ~\\'111s"1" .\.\:1> .\1\'s1t'.u..» . - l 1 M ‘ 
     
     Wbist 11111‘. Xlnsit-nl nix-on by tin-l n  
     
     l\'. o1‘ ti, 81111111101111110 Founcil. \'o.> 
     
     2070 to vb:- metttbers and thrirl 
     
     l-ttlv Frir-ntls in 1hr‘ K. m‘ t‘. 110mm 
     
     (‘1-1111-111  on ‘P11011145’ t-t-oninlr. 
     
     Jun. ll. 15121. xvas :1 111os1-11lt-.\s".-.1.:tt 'lht- -’1~»-1".'.1 ucczt-t-rt-tl 111 1b.‘: city 
     
     n 1- p 1-11,, ppogq-mtttno consisted otlon Humid} 1111111: r11 1111-111». o'clock 
     
     \\'ln:t. 1111111 10.20 p.111“ 1111-11 _~. o1" Allnnn- Ann-intuit, npvtl nino 
     
     dump, ‘lln(-k](-0I] “m; cor1-~.1_ 11111-1- 11-11- 111-10101! tl.-1111:l11-S-1' 1n .\l1-. and 
     
     111111-11 111c- prizc winnct-s trot-c ztn- 3111' 
     
     nouncc-l. .\lr.-. James 11110113111011 111' 110111 Wliicil shc suttct-otl l'o1' tlu-ec 
     
     yonh 3.119.319 won =1“. tnmes- - llt-r tit-nth is deeply i-cgrrvt- 
     
     prize‘ M,‘ James Pemioygayu mes-ed by nll 11m- peoplc. Stan leaves to 
     
     mourn three sisters and two bro- 
     
     -hc1-.=. Th:- fnnt-rnt took place m1 
     
    
   
   
    
     MINNIE ARSENAULT 
     
    
   
   
    
     and .\l1-. .\. ll. Arsfinnttl- t-msala- 
     
     A1101‘ Ittllt-llt-Oll :1 10W 
     
    

    
     21-111 given 1o 11-1111-1112 11P- 
     
     ltw-Pn nnlnbers .\l ..t-1‘-l:1nc<\ 
     
     ' . J. R. Kt-nny and .\lt-. 
     
     1.. lmlll-tnt-c, $11111: \'t1'_\‘ 11c- 
     
     ctptztiilv. Musical numbers 
     
     1- 1-." ~11 rendered by Pmfc. " 
     
    
   
   
    
     A sud lt-uturc was the illness m‘ 
     
    

    
     thc nlothcr who was sick in bod at. 
     
    

    
     1111- 11:11:» 01' lhc llflillll 1-1111] 11111-1211. 
     
      ~-<nsaa-—-—— 
     
    
   
   
    
     MRS. DUNCAN MACDONALD 
     
    
   
   
    
     'l'l1-.~ tlvzttlt :.\:~t-\\\-;-:'»1l at tho 1-1» ' 
     
     t-tlvt- 111' 111-1‘ sun .\lr. 1111111111: . 
     
     . (‘:11" n. ’l‘ht1.=-i:1,\ t11-_h1| 
     
     witlou" o1‘ the law 
     
     'i.1:-<l0n:tltl 01' Montague. 
     
     o1" Your only one son 
     
     t-vi-ct-s. Alt-s. Maodonaltl 
     
     --l t1 v 11' fl(ll'1lll1'f‘(l 
     
     mnhh- woman 
     
     @1111‘ 11nd liuntn-zttr- no 
     
     l0 H111 .\"t.-:1 11ml sl \\-1-11'. 11.- 
     
     \l\r~ u-ith ho:- son in Cardigan. 
     
    
   
   
    
     n-llztn, 1 . 
     
    
   
   
    
     (lzallzm- 
     
     trst-nztnl1. ' ' 
     
    
   
   
    
     1 
     
    
   
   
    
     0111101110 0111111111111‘, 
     
    
   
   
    
     Follows Repeated Colds When 
     
     Blood is lmpure 
     
    
   
   
    
     -____._ 
     
    
   
   
    
     ll.\t.ll-‘.\X. .l:1n. ll.--tt311n\'.1tion.< 
     
     111111111011 b): 1-‘. ll. .\lc(‘t1l'tl,\' 111111 
     
     1 - 1111- 3101111111‘. Nun-l: l-Ix- 
     
     t-ltztttu 
     
     1t  ..  3 
     
     l, . 
     
    
   
   
    
     Your body suffr-ring from a. gold 
     
     l0“ M! properly attend to diges- 
     
     tion and elimination. As :1 result 
     
     vout- blood becomes impure, it ln-1 
     
     ‘lnnm-i the IIHICOll-S ntcmbt-ane ind, 
     
     ‘rrngs about that condition in which 1 
     
     ‘hrmllv. catarrlt occurs and on 
     
     vhit-lt 1t depends. 
     
    

    
     Purity- your 1110011, nlnkc 11 clean, 
     
     ‘n- mking Hood's Snrsatiarilla and 
     
     t 1-1-1111- bmt-r-ls are not ‘lleallhiully 
     
     ictit-e, 1:151» Hood's Pills. 't‘hesc 
     
     wn-tlictncs ltnvc rclievcd. and pr_e< 
     
     ve-tnml thotlsantls of cases of chron- 
     
     c 1-:11:-.1-1"l1l Iit-onomt- is one of thc 
     
     ilfllllg points of lloocPs S.-1r.=a.par.il1:1 
     
     . —1011 11111-1»; ln :1 lmttltx Why not 
     
     get it today’? 
     
    
   
   
    
     A 5111111111111 
     
     Saturday Specials 
     
       0n Sale January 15th 
     
    
   
   
    
     Ill-lb I‘ l-l.\"l'll.\ I’.~\.\'(‘Y liARBADOl-ZS MOLAS- 
     
    
   
   
    
     5159' per gallon $1.05. 
     
     RED (‘l-OVER '1‘ l‘3-\ put. up in one pound packag 
     
    
   
   
    
     " :1 ..  .. 
     
     Jru (X11. 21p“:- . 
     
    
   
   
    
     . _ '1‘1-"1...l11l_\'7:'-~-.; 
     
      3111} 1S1. 
     
     .l:m. Pork ‘_‘l:'1-I. 
     
    
   
   
    
     JIHVEL SHORTl-INING ()1- Eggifirgt 
     
     pound blocks. Saturday price 26c. 
     
    

    
     “U? 3PEWALS. Santa Claus or 
     
     regular price 9c. Saturday 7c :1 cake. 
     
    

    
     l’lll31\'l'35- new fresh stock, good large size, re- 
     
     gular 25c :1 lb. Siltllfllkl)’ per lb 20c- 
     
    

    
     BAKING: POlVlll-IR Spegia], CQ]en13n’5 16 
     
     Selling price 35c a tin. Saturday per tin 28c. 
     
     SI-1l’.\R.~\'l‘l-‘. \\-'Hl'l‘E (‘I'I’.‘4. Iyon StQnevt/g1-e_ gel 
     
     Saturday six for 90c. 
     
    

    
     KERSEY IIURSE RYG,  inch’ Stay 0n fagten. 
     
    
   
   
    
     in one 
     
    
   
   
    
     White Knight 
     
    
   
   
    
     oz tin 
     
    
   
   
    
     11111111111111 11111111  
     
     flommatnn   
     
    
   
   
    
     Address 0f the General Manager at the 
     
     Annual Meeting 0f the Bank 
     
    
   
   
    
     (1111111-11 I 
     
    
   
   
    
     vie-n‘ '01‘ hulking; it. nnt- o1‘ 111t- Yztsl» ' 
     
    
   
   
    
     .I1-1"1_\' .\1-sc-n:11tl1, m‘ tllplullct-ia  
     
     t 
     
    
   
   
    
     hlnntlny zlfternoctn :11 tin-cc o'clock. \ 
     
    
   
   
    
     llmt u vol-y 
     
    
   
   
    
     Sir John Ail-d gives a 
     
    
   
   
    
     our llnn or detende. and ill 
     
     pr loans in New York. 
     
     call money marlin o! this mutin- 
     
     ent. thln hu oceulonedjeu aeri- 
     
     rloe or prom. than ll ulual. ll "W! 
     
     thrauxhout the wear have ruled l! 
     
     a high level for that market. 
     
    
   
   
    
     A Connumlh: Punlllllh 
     
    

    
     This Dank still holds u command- 
     
     ing position in the development of 
     
     Canadian trade and commerce. l" 
     
     current mercantile loans in Canldl 
     
     amounting to the large num o! $231. 
     
     114,772, or $11,925,602 more than I1 
     
     year ago. Slrnllnr loaru-t clnctvhr-t-o 
     
     have also lucrealad bY 31192-11955- 
     
     Thc other items oi’ assets show lit- 
     
     tl1~ change, cxcr-nt. Bank Premlacn 
     
    
   
   
    
     comprehensive review of 
     
    
   
   
    
     {he affairs 0f  Bllllli fut‘ the 13381. year, alludes t0 ;\\'0mllll1 which has inert-used $158.- 
     
    
   
   
    
     the difficulties caused by 
     
    
   
   
    
     s11 11111-1111: the your. mu" rn-lnctnal 
     
    
   
   
    
     the exchange A Situation dutlnys 1n thln connection helm! on 
     
    
   
   
    
     and the ing[abilit\\' of pyigeg, but den-longtyétgg the tirnnlst-s (or our foreign bronchus. 
     
    
   
   
    
     sound and steady progress 
     
    
   
   
    
     ~-u.~i- 
     
    
   
   
    
     \\‘1- lmvv- non 1:111 1-1-11 llphlt :1 w-y. 
     
     11111 sin-ti 11>- 11:111- llv-t-n l-mkt-tl f111- ny- 
     
     t-r slut-- 1111- \-.:|1- 1-11111-11-11111- 111' l=' 
     
    

    
     * m bttnlttt-ss nntt full-- 
     
     - sutu-tnvnl u 111011‘ 
     
     w» p1-1 -n1 Lu 1-111: 1111111} is. v-m-t-pt 
     
     in :1 t-1v|n]l:1l':\\l\'1l_\' 1'~-\\- pttt-tlculnt-s, 
     
     4:\1rion<l_-. 1b Yuttl n1‘ important 
     
     (‘llflllpti 1111111 111:1: --1' :1 your nun. 
     
    
   
   
    
     lirt-lllr-r Proflu 
     
    
   
   
    
     o1‘ 
     
    

    
     1111,21‘ l1. int-rut 
     
     tilth-mn-ll thi- l‘\‘.\'\\\\\' 
     
     mil: 11:11» slltt\\‘|l 111111- 
     
     ztthlillutl 111 ulll’ |ll'u~ 
     
     nrtly m‘ 
     
     lntstttnns 
     
     and the 
     
    
   
   
    
     'l'1\-- tu-t 1 - yt-nr nm- 
     
     1- . 
     
    
   
   
    
     l . 
     
     Th“ 
     
    
   
   
    
     llllr§l "f 1h:- _' l‘ 
     
     1-1111‘ 111-111 l>1"i.~‘l\ tlt-nnnttt fur tt-ttutcy 
     
     \\‘||i1-!1 1111s 111111 nll 11111111111111 funds 
     
     fully 11111-1111-1-11, and p.111» l‘ 111-- 
     
     '1 ti t \\"1-l\:t\1- - '.'-1|.:111111.1- in 
     
     - >1n11ns l1 The t-uutli~ 
     
    

    
     lib-h l1:t\"1- prt-t-ttilt-cl ' 
     
     t\~\' :1\l sutptt- t-nttvtrvlitl :1 
     
     \\‘.-t1- 1"|lll:‘Ll~/lllt txll-nur- 
     
     111:1 1111' 111111-14 ml 111-- 
     
     , . 
     
    
   
   
    
     r111- 
     
     ‘ ‘ll 
     
    

    
     11ml p111 
     
     Isl stir:- 
     
     11th- --\'pc1:1 wn~ 
     
     :1 ' ‘ l 
     
    
   
   
    
     1111 “. -- 
     
    
   
   
    
     15111111 
     
    
   
   
    
     _ 111311-111:- 
     
     unvnrtls tht‘ hotn _\" 
     
     tau-r \\‘r- 111-1- now t-nlll-(hr-I‘. '.\ 11-1)‘! 
     
     ti; the Govcrntmants o’ lw- l-K-mlfljl 
     
     ion min oi the \- rious Provinces o1, 
     
     cannon, W1- mcrtnrcd our 1-91-1171 
     
     |,,,_,1;.,11 101‘ bolt]; promises from- 
     
     - "W, mo: 3-11-11‘ to $1,110,000 tl1l.-=1 
     
     1-111- hinh t-rlsl n1’ nll 111111111111; 
     
     11w .tt1-n.= in this cottntrl‘. 11ml <l\\\' 
     
     \p1-n1ii.tu1'c.- on P\'°\“l-‘\‘~‘ r"l' m“ 
     
     1:11 lmtncht-n recently "Pf-fit"!- 
     
    

    
     ' n prudt-nt salon \\'t- 111w» 
     
     11 8151x000 to tho uftfict-rs 
     
    
   
   
    
     1 
     
    
   
   
    
     rint- 11 .- 
     
    
   
   
    
     1'-. 
     
     l4\ 
     
    
   
   
    
     l-mm antl 11o“ Account. 
     
    
   
   
    
     .\n.er h“ m mm 
     
    
   
   
    
     1-v- iflf-tifllfitll? 
     
    
   
   
    
     111111-111 of 1111-: 
     
    
   
   
    
     mttklng these npl>1-o1'-l"l=\"' 
     
     - 1111-». been ti. 
     
    
   
   
    
     1.979.117. 
     
     . 111m‘ 11ml _\-:\n1". 
     
     1~ndillonu :11 
     
     . ptt-ntililhl? in £114- 
     
     w- 11d. and the fnll in -- 
     
     r~~1 ~ ,1 .. .1111 
     
     \.4l'\‘l\\\ n11. 11- utulermitit the secur- 
     
     lty for vcttnin classes of loans, \\'-~ 
     
     think it 'w-»1I to Part1" = ' 1" 11-11- 
     
     npproprlzttctl hnlant-r- -1 l':--t'\1 tmti 
     
     lions Account n- :1 w tt-Lillflrd 
     
     nunlnst \\t\c2<1\~"1-‘--t 111:1-.in1L.‘1~'-Il<‘i°>-- 
     
     l p tn thr- ]ll‘(‘.~4\l.l 1-"1 ltut-t- boon v-x- 
     
     trt-nloly lhrluttnlv. in that our lntt-r- 
     
     .=|. ltns hot-n nt-trlihlblc in those 
     
     h: nchv-s of 11111411101111 most tih-cctly 
     
     .-‘1f1'1-1-t0tl by the heavy tlt-clittt-s 
     
    
   
   
    
     |11 
     
    
   
   
    
     "Nhl-"ll 11:11-12 tnltt-xi talucc. 
     
    
   
   
    
     llctloslts lucreale 
     
    
   
   
    
     The increase in our notr circula- 
     
     tlmi is Sfitilnflhit, on indication of :1 
     
     large volume of curt-tint bunhicss. 
     
     small proportion of the 
     
     Lotnl, which nI-tv stands :11. $30,716,- 
     
     fil-l. As lluslltt-ss sluc-lu-ns 11nd pric- 
     
     es fnll wc- nint- mttnrnlly look (o1- 
     
     FDTYH‘ rt~t1t\t-ti<»l\ in thin ttt-ttt. Ont- dc- 
     
    

    
     stnnd. :1 lVllul most 
     
     1111 1:11 l1-\":~l ..>':1_\1.-:11':t;:-\,l1l1~- 11- 
     
     cl-t-tt i bt-iny: t.-nl_\' :1 little mm-t- than 
     
     :1 qunl-tt-l- t 11111111111 tlollnrn. but 
     
     tlv-pt-slls b1»: m: itttot-t-sl. 1111- most 
     
     stat-lo. put-l 1-1‘ tb-pttsit bus-inns». hn\-- 
     
     ilu-lt-ns-nl by tlu- lztt-tzt- 11111 of $1 
     
     1114.118. This i.~ :1 ql-zitxyinn; 111111 1't-- 
     
     111:1 r 11:.- showingmnlllculutfiy wht-rt 
     
     t-uttsiclnlw-tl in tbt- light of the total 
     
     sttliscriptimts o1‘ custonlt-t-s of this 
     
     Hank to thf- v: rimts Dolllllllnll tint"- 
     
     1-1-111111-111. \\':11- l.1:.'1n.~", 11s l'~!|"lll'(l‘4l by 
     
    
   
   
    
     ltlwiut: to thc favorable 1101-11150“ 01' 
     
     11b1- rorcbrn exchanxc-s W“ ll-"Y" 
     
     ‘tn-on nblo to secure prcmisns in 11in 
     
     ,1|:- Jnneiro. Jamnlcu. T141114“! P-“d 
     
     ‘not-bade: at a very rensonoblo cont 
     
    
   
   
    
     made by the Bank. 
     
    
   
   
    
     nmt our tittlcc ln Rio dc Jnnr-iro will 
     
     mlinn public in this nntl nll other h‘, §\l‘la'-(\d in ‘h, hm" ,3; U,“ on. 
     
     lvnnks arc now ttmtblc what Lhoy mum“ “m, Mlsmvds dlsuq“ “f m“; 
     
     u-r-rv n1 tht- nutbri-itk n1‘ tho wttl‘ impel-gang gltv. '1"111-1‘c hns llf-(‘Bl on 
     
     justitlcs tho support gltw-n to thn ;|,(.,-,-.,un m m“. my“; asg(1\s M; g1, 
     
     umt-rnntcnv. 1n its loan campaigns, 115313 a pompm-nttvolt- tritlht: nrn~ 
     
     van-n from 11. narrow 11ml selfish “umh 
     
     point o1‘ view, to any nothing o1‘ _ 
     
     that o1‘ thc national wolfnro. "Parghx" "rflnphq-A 
     
     l1: mltlrnrwlnz 311-1 n yew.- :\\_-'\,\\t.- 
     
     t-uintctl on: 11m up Ltll 1111-1: wt- 
     
     ‘1~:1d bet-n '- 1 11"! with 1t-- 1- ‘ - 
     
     twining; for now hr 1- ll( 
     
     . 1111111. bur 111:1! “t: hr-pt-tl - 
     
     vlvr- ntu-ntlovl to Fit-chi" H"‘~'- 
     
     pnllt-y wt- liavc fnlloxvctl in this 1-1-11- 
     
     pl-rt has: llQPH one of truutitm, slow 
     
     but 11111-0. and we think that our 
     
     jtttlxnu-itt 1111s ln-I-n ‘vixlrllcntctl l1.\’ 
     
     1111- ooursn- n1’ vw-nts. vs,- ' ' 11H- 
     
     utisc-ttlt-tl1111;111:4111 1autitliti1viti~ 111w. 
     
     tart-nailing in (Zubn and 51111111 Aut- 
     
     t-l-it-n. tlur brunch ut Havana wnn 
     
     thr- llrst trfbn opt-tied. and wt‘. nrc 
     
     wcll sautiflllctl with tho prnnrr-ss so 
     
     fur madc 11ml with 11-111- pruspflcts Yul" 
     
     the future. Kingston, Jumniv-n, came 
     
     next in point o‘ 1112-», 11ml tl-trfl‘. 
     
     too, our hu-‘ln-‘r-s shown taut-client 
     
     m» wpfPlFl. Our nfriz-n was not onen- 
     
     ~tl :11 llt-itltzt-lr-nvn. lltti-bntlrts. until 
     
     wftcl- 1h:- t-ltwsn 1-r tho llunh-‘s yt-nr, 
     
     whllc in 1111i d1- Jnnoiro and Port of 
     
     Spain, Trtnidatl, although our mun- 
     
     rtgers and their staff are now on 
     
     tho spot. w» ltntv- not yv-t t-ti-‘nt-tl 
     
     for httnintmx ll 1- brliovr. 111111-01"- 
     
     lhat mn- t-tttlut-l: in :-.ll llilNF- |ll‘\-.‘(‘5 
     
     1.»- lyrigltt. 
     
    
   
   
    
     Drcrcuncnl Government lllllnllcrn 
     
    
   
   
    
     0n 11m mhvi- humi, our tit-posits 
     
     nut ln-nt-inr; incur-cat. Inn-c (tot-roused 
     
     h5- $-l‘.’,€75.i53, an 11111011111. 1111110141. 
     
     t-qual [u 1.111.- incl-uust- in 11111" lnLt-r- 
     
     --s1. 111-111-1111; d-‘lmsitrt. This is tum-o 
     
     1111111 nt-cntzntr-tl fur by 1111- tint-rouse 
     
     in llmninion timw-rnnu-tiL 11111111161211. 
     
     ,\'hl1.-l\ 1t 1-1-111- 111:1» lm-lttdt-tl :1 111F151: 
     
     11:11"! m‘ thr- proceeds o1‘ thr- lust 
     
     Victor)- l.o.'|n_ l1 11111141 also bt- 11-- 
     
     nn-ntlr-l-r-tl that lmth tltr- tlctnnnd for‘ 
     
     1110110)". 11ml tlu- fvStlWlllll on the 
     
     ftn-th-‘r inflation of crctlil. trhlclt we 
     
     have vn1I--:\\-nrcd to excl-else, u-nd 
     
     1o 1101-1111111‘: 1110 buIam-t-s cnrrlt-rl liy 
     
     bttsiltt-sn hotter-s and large commer- 
     
     c1111 companics in tltclr current no- 
     
     t-ottntn. Another cnusc which has 
     
     tnilitnlctl rtgtiinnt an inr-rr-osc in 1lr-~ 
     
     90-41151 Jinn UPI-ll slow mm-kr-tinc: 11f 
     
     ' year's nrnin. This tends nlso 
     
     to lmep up loans, for 1f the farmer 
     
     does not pay his indebtedness. the 
     
     retailer ls unable to pay the whole- 
     
     snlcr, and the rt-ltolc-nalci- must. lean 
     
     n11 thc mnnulactul-er. All nlonlr the 
     
     lino thr-y will borrow from their 
     
     hunkcrs tn the fullt-RL cxtont no» 
     
     Flblt‘. 
     
     ‘Sou lurh- |"-l1 
     
     Grain ‘tut! l-‘nllfiu: Murkctn 
     
    

    
     Pt-ttltnltl) 111 nu ltmt- ‘z- 1'11‘ I ".41--I‘.\' 
     
     .11 this t-mnitry llnvo qut-ntions c0n~ 
     
     trct-tt-tl with tho 1011211711 erxt-ltitnqcn 
     
     mx-upicd so pt-umlnt-nt :1. tilnm- 1n tltc 
     
     publlc mind as durln: tho punt yout- 
     
     'i‘l1-- clnst-n-x-ts of our 1--- thins “ith 
     
     1111- grt-zit l-Intzltslvspt-wlaittz; nntlr-n 
     
     to [ht- stinth 11f 11v: ivn~t 11-11111» the 
     
     pt-crnilin‘ l\i- l1 --u Nt-w 
     
     \'(\l‘lt c. 1 ‘ 111111111411 
     
     to :1 \'t‘~1'_\' \‘.\u:1<l- 
     
     Inns. It has 4-0111" 11-‘111-1- 11111111 not 
     
     only nn \'lt:1ll_-1' :1"1'1-v-1i1t.:" imp: "t1 
     
     or 1-xpor||-|-_-'1l1~nl1nj;' with 1111- t‘ 
     
     tt-d Rub-s, hut also, 1111101116 111111-1- 
     
     thinns, 11s lt4l\lll;-; u dirt-ct. bcnrittg‘ 
     
     on titan} tnvt-nttnt-ltta which tho? 
     
     1101:! m- tn buy ul" sell. 11ml 
     
     cvr-n 11>" 011111111; 1'01‘ s. 111s t-unsttlwr» 
     
    
   
   
    
     1v |'I",'l'\ -1l-l 11- t 1.1 (nflllv-l" 
     
     1111s- un-l - - 1111 - zlllutlltl 
     
     “o t-rvttn-u-ll- ‘ 1- l -_31'uln on n 
     
     "marltvt wl1i~l1 '11-» ration wry rap- 
     
     tttlt- »i-1- the time of harvest 11nd 
     
     ,1 appearance of continuing 
     
     1 11-1 so in svmpnlhy with the tram 
     
    

    
     l 1-1111] r-t‘ littnltn-ns. 1L in vb. 
     
     '11 ltiglth‘ risky nml unpro- 
     
     1'\\:.l\l\ ttt-tw-tr-ttittzr. and likely tn 0nd 
     
     in 1111 . -i11-,: class blttcrncss. lln- 
     
     11\\'|1l't 1 : -l1|- l-nnl cuust-s that gov- 
     
     1-1n th-- 111-1-11111- in prices, the farm~ 
     
     ct- wlll ho apt. naturally enough, 
     
     tn for-l that nll t-lltflitt-s arc wot-kin: 
     
     narulttsL 111m. Thc truth nppcnrs to 
     
     bu 1111-11. uftct- no mnny 3-1-1111“ of 
     
     rising prices, it. has conic to bc ac- 
     
     t-t-ptltl as nn axiom that [IFlCPS 
     
     must t-ontinttc to Pine, nntl count-- 
     
     qllisflll)‘ in the x-cry your tn which 
     
     11.11 slgnn point 1n n tlon-nuun-ll dir- 
     
     c-t-tlon, the unfnrtunntc farmr-r ft-cls 
     
     constraint-d to hold hln nrnin, \|n- 
     
    
   
   
    
     111 
     
    
   
   
    
     1.. ‘1, 
     
    
   
   
    
     1__1.1 t) 
     
    
   
   
    
     |ll'>'1 1'1- 
     
    
   
   
    
     of :1 holiday m" flllltrl‘ visit 1-» 1.1111’. 
     
     cntlntry. Tho \'t-1-_\' ltt-chrtlt-ltlity ul‘ 
     
     tho subjr-t-t. thu tnystt-ry by which 
     
     ln the pnptllnl‘ mind thw- wtn-ltln-I 
     
     n1‘ thc. (‘XOlIIIHKPH is !2\l1'l‘<’i\ll\ll£‘(l. only 
     
     conscious of the mennlttg n! the servos to tlt-cpcn tho lnlcrce-L fr-lt in 
     
     qlgne nrnund him. There in nothing" 1t. ln on ondr-nvor to throw Sfllllf‘ 
     
     in the other items o1‘ our linbllltlos. litzht upon it, cspcciully us civiinect- 
     
     u-ltlt-h calls for comment. save that ed with the prevailing 1111411 pretti- 
     
     \-1-- may Hay. in pnnultin‘. llmt 1h!- re- lum for New York funds. wc innut-tl 
     
     rln-rtlonlln acceptances undc-r letters durlm; tht- your n e-t-rirs m‘ adver- 
     
     nt credit no 111mb! rctlccts tn some tlscntcnts deulhxc in us simple 11 
     
     wltnllt. tho ditiit-ttltic-s which m. the manner as possible wiLb some o1‘ 
     
     r-zntcnt confront 1111: full-lKll trnlc 1h:- underlying elementary" princi- 
     
     of 11h.»- 1-“11111-5; T11 llllrl nttbjQt-t wntplcn. Tltesn attracted it-ldcuprcntl 
     
     11111111 tt-tl-r attain whr-n tlt-nlinc; with 
     
     thr- 1'-1\r-.~l<_'n f-‘(I.-h:\n,',;t‘.<, . printmi in the form ot‘ a small bro 
     
     t-lutt-c for nonrrnl distribution. 'l‘h- 
     
     subject has .01‘ cnursn. many 'll1‘f1l‘- 
     
     -11-;.-:1.1"1I cr-w ho (llflC\lélRf'(l from 
     
     many points ricw. As 1m instant-c 
     
     we may pr-v utll that tho prom- 
     
     lum on New Yul-k funds is an us" 
     
     sistnnce to such r11‘ 0111' exports 11s 
     
     r-rtmt- into competition 1n the rnrtrlt- 
     
    
   
   
    
     Linc:- ol‘ llt-fcnt-o 
     
    
   
   
    
     lulr.  tho your our ltoltlings o1‘ 
     
     swt-tt- have i1\\‘.1‘t-.1\t-‘~t:\l $I1€16Ai5l and 
     
     ltotninttui notes on lumd. $8,952,301. 
     
     'l‘l11-1t~ i» 1111 chntigc in thc nmntmt 
     
     tl-qvosit-tl in tho (It-ntrnl Child lic- 
     
     llll(l\‘l‘ tlm hcmlinz: 0111101‘ 01' 
     
    
   
   
    
     -""\-*' from tht- Ynttcd Stntr-n. To tho :.\'~ 
     
    
   
   
    
     our brnttt-ltn-s. 11111111-1 
     
     1st \\‘:1r 1.01m 
     
     ntl \\':\r 1.01111 
     
     1rd \'1‘111- Lonn 
     
     st Victory‘ 1101111 . . 
     
     .. ml Victory Loan .. 101.171 
     
     lillfl....'ird \'i1-1u1-_\" 1.111111 . . 110.071‘- 
     
    
   
   
    
     $It2l..101;.t>.’-.’- 
     
    
   
   
    
     Nt-ltvithstuntlltt‘; th1.- trr-tnvlttl-wns 
     
     1111-1111 ttpon 1111- (lvptnlilfi uf 1111s 
     
     12111111 which tht-st- 1111-41- subscrip- 
     
     1111115 itivnlvvtl, wi- ft-t-l txroutl n1‘ 111-- 
     
     uiti nffot-llt-d 11y r-ur vttntr-nv-rs to 
     
     1hr- Flnvv-rnnlcnt in its wnl" tinnnc- 
     
     inn; l't>lll‘1'lp,'t-1‘\l'\t'l fon-sigltt wt-rt- 
     
     um-tlt-tl by 11111- brunt-h utnnttn: 
     
    

    
     when tllt-y 911w 1111111" clu-i-isltctl untl 
     
     hnrtl-cnrnr-d deposits, guthrrcd ov- 
     
     1-1- n. 1on1: sot-lost r-l’ )"‘n1'=. molt, 
     
     :1 _- ithttnst rttu-rntnltl. but ‘ 
     
    
   
   
    
     1111-. 
     
     tlmt llh- dt-pnstl. 1 tho (‘.-t11~l 
     
    
   
   
    
     1 
     
     Tntnl c-ush mt httntl has ttu-l-nns-ctll 
     
    
   
   
    
     -.~»l~l coin or of lt-pnl tmidt-l" nvvtv-s. “n1 u; u,“ p‘-.1mh““_ u“. 9.1mm. 
     
     inn product-r 0:111 nut-opt n lowt-r 
     
     priv-t expt-cnsvtl 1n. tnl-tns of :1 for~ 
     
     min-n curt-t-ttcy. :t11t1 will still 1-1 ugh-p, 
     
     (IS many dollars as dot-s his- Ptnflpf-Q. 
     
     itm- in the United Stntos. Dirt-int: Um 
     
     t-losin: put-t oi‘ tho yon-J. an you urn 
     
     doubtltx-ts nwnrc. thc 1-1-11» 111' ox- 
     
     Fllflllrrc on Now York rnsr- \-t-1"_\- hlzh, 
     
     rout-hilt: 1111,‘, p1-r r-t-nt on Qt-ct-tnht-r 
     
     ‘-’l-'L '-h=- hint-wt point 1-11 record. 
     
    
   
   
    
     -:t..'11'-.2l.'1 and stands :11 11114 p1-1- 
     
     w-nt :11‘ our linhilitlt-n to tho public 
     
     with .~'<»~--nll1-:t duicl: unnntmqt 41.50 
     
     pm- <---11! of thr-sc llnhllitlr-sfTlti-rt‘ 
     
     11:1.“ ln-t-n n. rcdtlntinn in out‘ invcnt- 
     
     n\1-nt~t 11nd tut inert-nun In 0111- 111111111. 
     
     Th1- rt-vlttctit-n in tht: fnrntcr t-tvltnisls 
     
     --l .\ '1. "' in ilomlnlvtn nntl I'm- 
     
     -."i|1--1.|1 .u\11-n1nt-1\t st-cttl-illt-s 111111 
     
     111‘ ifulwtLtvlti in l‘ itish. ftn-t-lzti lllltl 
     
     1-1-111111111 public st-t-uvittt-s 111111 H1111- 
     
     11'111 tnutlivipul sr-cnritlt-s. 1n hnth 
     
     ».~" tlw- t-v-tltttrtlons nrc tltu- to 1110 1r 
     
     pnpnn-nt :11’ \\".-|1" rthlinatifinfi by thr- .--:-.~ ' wt Fm- thit- 1101151111.,‘ ‘vhioh 
     
     llontimr-rt and lmpt-rlnl (2t"1\'1'-111-‘-\\-~-r- vtmlmttntr,‘ (m ‘n m“. Wm,“ 
     
     n11>111~= ‘Flint-o has \)Ct‘t\ an inert-nut- 111.111. yt-ur, nztmt-ly, mot-salvo buying- 
     
     111 t-ull 11.1111 $11101‘! lmnm. both 111 Cnn- from the L'nilcd Status, cspcclnlly 
     
     n-ln 41nd elsewhere. the increase in of luxuries, and the payment o! tn- 
     
     tht- former cnsc lacing merely n tt-rcat; on our indebtedness to that 
     
     11-111511111 (1111: . ln rt tlmo r-f nnccr» country, tlic bin-den of which tn- 
     
     tnin nntl inntublllLv inn-b m: tin- t-rcuscn with every solo of Canon. 
     
    
   
   
    
     (‘unfit-n of lllglt [Inn-o 
     
    
   
   
    
     11111111011 m thc c111 "s tisuully 
     
    
   
   
    
     thopx-IndlDflNI-W 
     
    
   
   
    
     r-t-tttton in t-vmntrtzttnti \1.-1u1 tho 1-11.11. 1 
     
    
   
   
    
     Mtf-ntittn and were smbscttut-ntly ro- 
     
    
   
   
    
     v1.4 of thr- tvnrltl with similztt- goods, 
     
    
   
   
    
     out rlse. One oftbue l: Inoculation 
     
     on the stock eweltongeu, ynm, h" 
     
     been so nrevnleptjn 10m! Int-to o: 
     
     Cmedp. Whéll. 1M ltdelu 11115111..“ 
     
     in are than dealt in on (he How 
     
     York market. cull; tor margin; hue 
     
     to be responded to instantly. ooq 
     
     the sudden demand thufcreatetfroy 
     
     New York funds hu on several 0c. 
     
     caslons been 1.110 cause of u ohm-p 
     
     advance in rung. There are oloo 
     
     at present large. sums 0t‘ money, 
     
     belonging- to bunks and wealthy cor 
     
     porotlune In the United States. nn 
     
     deposit in the Canadian banks, ow. 
     
     olung u favorable exchenlo rote. 
     
     and there has been e. remand. tor the 
     
     trnnsltu’ o! a largo part. o! theno In 
     
     connection with the preparation or 
     
     nnunclnl statement: and other 05nd. 
     
     of-the-ycur requirements. 
     
    
   
   
    
     Sat 011ml: Alone 
     
    
   
   
    
     l1 may. per-hope. b? some consola- 
     
     Linn to reflect that (Iunndn la not 
     
     nlonn amour: the county-ice or thr- 
     
     tvnrltt 1n huvlnn- to nook 11m solo 
     
     tion of an cxchencze problem vllttlly 
     
     urtcctiug her trado. There are nthr-r 
     
     pal-tn of the llt-itlsh Empire with 
     
     problems of n similar nnturc. but 
     
     r-von more acrlottn. Quite root-nll)- 
     
     mmtrollnn hanks have» dccllnt-d to 
     
     remit in MBQQ“ funds for hllls 
     
     sent tn Australia for collection or to 
     
     negotiate cnmmflrclal bllls. on no»; 
     
     trnlln in London. Tho roneon ls n 
     
     t-liot-tuzc- of London funds, nnltl m 
     
     huw- (Willi-n tut n result. of the sus- 
     
     IH-“Slnll of Lhc. syntcm of Govern- 
     
     un-nt pnrchnsc and sole of tho Aun- 
     
     ti-ulizttt wool clip. The old machinery 
     
     for hamlllm: the wool has not yo: 
     
     bot-n restored, 11nd in the mr-nmlmr- 
     
     unnu- difficulty bus t-t-t-\\t'r~-tl lu tln- 
     
     tmt-ing Austrullun impnl :1. 
     
     ltopt-(l thnt thc nltttntion will b0 1-1-. 
     
     llcvctl ht-Yorr- 1on2." when exports 11f 
     
     Australian ivhcnt, wool and nit-tits 
     
     1:0 torn-om. Tho ultuntlnn 1n In 
     
     din, Nr-u- Zcalnnd and South Africa. 
     
     is oi n. eotuewhat nlmllar chnractvt 
     
     but not so pronounced. 
     
    
   
   
    
     I-‘nrclg-n Trude and l-‘lnnum- 
     
    
   
   
    
     lt m unfortunate chm (hr-ac 11» 
     
     change. difficulties should nrlsc just 
     
     at 1hr.- titm- whcn strong efforts tvorc 
     
     b91111’ madc- to extend the forulyn 
     
     trod-r of Canada. ‘Undoubtedly thr- 
     
     situntlnn :1: rr-rzrtrtln iorcizn trndc 1n 
     
     n 11111-1 tltfttcttlt one :11. the pronto: 
     
    

    
     not. 11111)" but-nus:- t-f r.\1-1..-1-.-r 
     
     1011»: hut 1-1."- -‘\'l'tltlSfi of thr- 
     
    

    
     "' "' Z1111 1.1‘ 111v flnutwlnl Hltltzttioti 
     
    

    
     11 :1|'1|1.\ Fort-lent connu-tcn. Thi- co‘- 
     
    

    
     111 s1 .11‘ prim» in Puba and 
     
     ~~l. whttw- 11m- iustztttt-c o1’ this, 
     
     null 1n 11 (vi-Nod o1‘ (1111-111? Pt-iI-t-s all 
     
     must difficult mntLr-t- to vxtnnd for- 
     
     t-ign trndc, Nor 1s the prob- 
     
     lcm i-cntlercd any more envy of solu- 
     
     ton by tho high level in Crtntuln ot‘ 
     
     nll costs 0t production, includlnv, 
     
     Worn-n". As pointed nut rccctnly h; 
     
     n 1:11:11 nttthtirlty in lfinglun-l, "n11l_\ 
     
     tht- country 1n which print-n nr1- 1-4111 
     
     llltfntlvt-ly low t-nn ltntt- 11-1 expnr: 
     
     balance in its favor," lt 1R to hr- 
     
     iczu-c-tl, tltr-rctutv, that until 5.11111- 
     
     rcntljuntmom 01' 1hr» strum 1-11 
     
     lulu-s plnr-P,tl1r-1"r- can lt- littlr- proh- 
     
     ubilltv of any mutt-rial cumnsfon o' 
     
     our trndo abroad. 
     
    
   
   
    
     Gown-n m: u! U wm- nth i || 
     
    
   
   
    
     Tln- important. oxpcrimt-ttt. has 1-1~ 
     
     t-cntly hvcn tl-lud by llln: Ilnllllfll-ttv 
     
     Govcrntnt-nt. of plat-inn‘ ‘thr- 111111111111»- 
     
     mcut o!‘ the publicly nwn- rt railway 
     
     lint-s ln (lanlllln in tho hands n1‘ :1 
     
     corporation. tho (nt-xrt-t-nhip and 1-1-11 
     
     trol of which lPSlllt: l1: the elm-urn 
     
     lint-m. The cxpct-imt-nt is on lntt-r- 
     
     10511712‘ nnc. and bids tall‘ t» mo» 
     
     mlnt- thc tt-asiblllty- n1‘ suurrt-snfull: 
     
     10111-131111: on tho business of n yrrt-at 
     
     t-t-rpnrntlon untlcr - vvcrnnlcnt ll\\'!‘.' 
     
     t-rsltip. There hat-t.- bcen many ob- 
     
     stacles to overcome at tlic start. anti 
     
     the trafnc conditions o! the _\'t:1'1t 
     
     have not. facilitated the task o.’ 
     
     host- 1n charm‘, but 1t i=1 only fnlr 
     
     that. they should tm :.'l\'t\.n full 1-1-- 
     
     tmrtttnity to demonntmto their n11 
     
     illll’ l“ P-"FIZV on tho cntc-rnrlsc n11: 
     
     to mukc the experiment. o. sum-cs:- 
     
    
   
   
    
     Ilopetul Outlook 
     
    
   
   
    
     The your we have 511:1! ftlsnétl 
     
     thrmtgh has been one 0'.‘ surf-vistas 
     
     .\t the commencement thc tldc o1 
     
     ‘llsin-g prices seemed vtncltcclcrtl. 11nd 
     
     tho idea. that u rot-it! full was In» 
     
     mlncnt was cnnil-lercd fillflgqgflfl-l 
     
     pt-cpostcroun. T21. this is oxnctll‘ 
     
    
   
   
    
     ‘whnt has happened. time tu-znin 1.11-- 
     
    
   
   
    
     tu-lltar ls huvtn: to sock tho buys-r 
     
     lnstcntl of being‘ lat-sought bl’ hlm. 
     
     llrnbnhly- nnr- of tht- principal n1- 
     
     stnclcsTtt the momr-nt of thr- rn-cs- 
     
     lfllllllflllltllllll ‘n! huslncse on n mtir». 
     
     normnl basis 11-1 tho inutllhlllll‘ 
     
     which prlccx 11m": tnn-tfento-l (lur- 
     
     inn- root-tit monllts Th1.‘- condition. 
     
     howvt-r-r, cannot tu- nf l-mg dur- 
     
     ntlmi. and we mny Imp.- tlmt boforv 
     
     tho wlntnr hon run ltn course 1t mul‘ 
     
     hr- n tltlnt: of 1h:- pnst l-lt-ntivtltllt- 
     
     WP FPIH-rtl out-r- m-u-tin whnt we hart 
     
     so often urged, that. tho wholl- 
     
     wm-ld must nlm to wnrit hard and 
     
     avotd extravagance ll the llamas." 
     
     cottnctl to 110th property and czcdl: 
     
     M‘ tho Into wur in to ho repaired 
     
    
   
   
    
     "ToBAcco FOR ENGLAND-QM: 
     
     flpvlllllg o1‘ tho itrttish tnnrlttrt 1n 
     
     Canadian grown tobacco ' 111:1)- 
     
     pmvc the solution o! the problem 
     
     with n-ltich the {won't-rs of EsfiF-X 
     
    
   
   
    
     and Kent lnu-c hr-I-n laced for 
     
     some tlnm, it wtts lr-arnotl hero, It 
     
     lun- hcott nnnnnnt-ctl that tho Brit - 
     
    
   
   
    
     li“|ltullfle-» 
     
    
   
   
    
     11h tnnrkct t-nn tnho car:- ol‘ mil - 
     
     licns 0E pottntla of lcnf. and no the 
     
     Qnnntllan crop 1:1 said to hr- of r1111 
     
     t-tlor quality to that grown in 151-.- 
     
     Unltctl ‘States this your, it will pr-tl) 
     
     ably rccctvt- thr- pt-t-tk-t-cnt-cnllr-uulv 
     
     one. tit-m itos scttltrctl :1 lat-t: to» - 
     
     trot-t from l-Zngllslt lltllltll‘ll'l'> 
     
    
   
   
    
     25 yer cent: f Suits, 
     
    

    
     25111-1‘ cent 011' tlvcrcoats 
     
    

    
     25 ,.<-1- cent ulf Boy's Clu- 
     
     thing 
     
    

    
     2T1 per cent off Collars. 
     
    

    
     25 per cent off Tics. 
     
    

    
     2.5 per cent oil’ Under- 
     
     wear. 
     
    

    
     25 perc nt off Gloves 
     
    
   
   
    
     hltlOltE 
     
    
   
   
    
     and 
     
     ' McLEOD 
     
     Limited 
     
     Chorlottetown, 
     
    
   
   
    
     crs. Regular $3.75. Clearing now at $2.75. 
     
    

    
     \\'(l.llll.\"h' Illl'l"l‘O.\'I-]l) OVERSIIOES [11 511131] 
     
     sizes only. On sale to clear per pair $1.98. 
     
    

    
     LADIES’ llllYSlll-ll) \\'()()l,_(i .\l' .\"l‘l.E'l‘ HITTS 
     
     in \t"l1ite and red. Special per pair 48c. 
     
    

    
     5 DOZEN \\'(’))l']~§.\"h' GREY AXD l.ill()\\'.\’ 
     
     (Ltsuin-znnt-TE nostc. regular 65¢. Clearing on 
     
    
   
   
    
     l 
     
     lSattn-day per pair 35c. y 
     
    

    
     .1 w - 0111111 Coats 
     
     1 
     
    
   
   
    
     Teapots 
     
    
   
   
    
     J u s t rccctved t w 0 
     
     Crates of best English 
     
     l Teapots, an exceptional as- 
     
    
   
   
    
     ———-—¢o>———- 
     
    

    
     VOUNGSTER HAS MUCH TO 
     
     LEARN-Mary nntl John were 
     
     plnyittg "house." when u. discus- 
     
     sion nroso as to the proper methods 
     
     o! doing something. Tlrb argu- 
     
     ment waxed strong, and was finally 
     
     ended by John, who sold with dign- 
     
     ity, “You must do as l say, Mlry. 
     
     for don't you know mama 1e ulwlyn 
     
     Bonn 7" 
     
    
   
   
    
     Worth up to 
     
     to 
     
    
   
   
    
     omen s 
     
     $25.00. Assorted Colors and Styles 
     
     (‘lea-r now. Your Chnic~ . . . . . . . $12.50 
     
    
   
   
    
     731111 3-13"- "1111111111-11 8131111111: 1.111. 
     
    
   
   
    
     sunmrston _ . _ 
     
     Summerstde 
     
    
   
   
    
     sortment to choose from 
     
    
   
   
    
     masaammvimio-wuua ' 
     
     ‘lblnntfli- hllhail " 
     
    
   
   
    
     ""5- Wfii-f -'-="*¢'1=~'-*'1W4I1flnwwnnanuuuunnum. .1.;....~-..._..