Will Meet Restaurant Ass’n. Members Over The Week-End Page 10,TheGuardian Sat., May 24. 1953 C.N.R. Financial Outlook penditures. But its fixed cliarges of $37,- 000,000—mainly interest on Rov- ernment loans. government - held securities and bonds held b.\’ 1119 public--turned this into the lar- 00O of the 1957 deficit. About 511.- 000.000 of it is interest due on government loans, so it will mean only that the treasury does not collect this. The cash outlay on securities held by the public will be about $18,000,000. lowed by the cabinet last month. Mr. G(J1‘(lI.Ill also threw out a sus- gestion to employees that they _should accept the C_NR'S Plan to assume sole discretion over how firemen are employed on frelgfli and yard diesel locomotives. nglogy, the Cl\'R report said. there arises a need for accept- ance by einployees~—and_ the Pub- lic also——of the implication of the changes. ‘ _ “specifically, this Includes a steam poerw steam power. as diesels continue 5. INEVITABLE 0PP0sn-‘ON _ _ The reference to public I reappraisal of traditional meth- ance was apparently min c "lilac. Mr. .John E. Coles. of Toronto will be in Charlottetown today and to morrow to meet mem- hers of the Canadian Restaurant Association here. it was an- nounced. yesterday. The t.hird generation restaura- teur, Mr. Coles is the son of the late Walter H. Coles. who with his five sons operated Walter Coles and Sons Limited in Tor- onto from 1928 to 1941. Prior to 1928 the family was connected with the well-known firm of George Coles Limited. a special- ty food and catering business established in Toronto in 1847. Mr. Coles joined Industrial Cafeterias where he gained valuable experience in cafeteria I management of defence operations. In 1951 Mr. Coles became as- sociated with his present com- pany which operates Scott's Restaurants Limited, Food Ser- vice Management. and the re- maining units of the once fam- ous Bowles Lunch chain. Mr. Coles has been an active supporter of the Canadian Res- taurant Association almost from its formation in 1944, and has served as President of the Toronto Branch, Regional Co- ordinator for the Province of Ontario, National Treasurer. and in 1958 was Chairman of the Na- tional Convention Committee. plant MIXED CLIMATE While penpetual snow covers its alpine summits, palms, mag- nolias and lemon trees grow around Switzerland's Lake ..u- Iano. MR. JOHN E. COLES Called Cloudy; Deficit For I957 Reported 29 Million OTTAWA (CP)—The Canadian National Railways, reporting a 1957 deficit of 529000.000, Thurs- day warned Parliament the fi- nancial future of the $3,000,000.- 000 government - owned enter- prise is cloudy. Submitting its first deficit re- port since 1954 and its largest since 1949, the company com- plained of a “growing disparity" between costs and freight rate in- creases, less than a month after the cabinet disallowed in rate in- crease. The annual statement signed by I president Donald Gordon added the immediate financial outlook for the CNR. is “overshadowed” by‘ current union demands which, -if implemented, ‘would give the company the biggest deficits in KEPIPOCH BEACH HOTEL OPEN FOR: ’ O Banquets 0 Dances during month of June For reservations phone 5386 or 9721 0 Bridge parties v 0 Receptions gest deficit since one of $42,000.- 000 in 1949. 1956 SURPLUS fixed charges. Its last previous its history’ deficit was one of $28,700,000 in For 1957, the huge road came 1954 up with a nmdest Operating Sm.‘ While the federal treasury pays plus of $7,400,000 despite a drop off any CNR losses, it Wm not in revenues and record high ex- have to Day Out the 511“ 329-900" spending. New Dealer For . . . QUAKER FUL-O-PEP FEEDS Quaker Oats Co. Ltd. are pleased to announce Mr. E. S. MacGougan dealer for. Quaker Fu1-O- Pep Feeds in Kensington area and will be oper- ating business known as Delaneys Feed Service formerly operated by Mr. W. I. Delaney. Mr. MacGougan is pleased to be able to re- tain the services of Mr. Delaney who is well known to farmers of this area. If you have a feeding problem Mr. Mac- Gougan would be pleased to discuss it with you and asks for your continued patronage. ! Z} Last year -revenues were $753.- 200,000, down $21,600,000 from 1956. Operating costs soared by In 1956, the CNR had 3 5111131115 $31,300,000 to $734,600,000. Taxes. of $26,000,000 after Paying 0” rents and miscellaneous other last week. The firemen Won 8 charges added $11,200,000 to the minor concession but eventually Apart from implying ‘broadl:-2 to hire no more firemen for that his company could well have used its $8,000,000-a-year share of the freight rate increase disal- changes in transportation tech- GREAT EIIAIIGELISTIC RA Internationally known Evangelist PRECIPITATED STRIKE The diesel issue precipitated a three-day strike by the fire- men’s union on the CPR early capitulated to the company’=s Plan freight and yard diesel service.’ With competition and rapid WITH I Heart Searching Message O Music That Thrills ads and practices, the elimination of functionally duplicate facilities and operations and the abandon- ment of unprofitable services that can no longer be justified. The “reappraisal of traditional methods and practices” obviously donment. referred to the firemen and also house and repair shop employees what they portend. T of Minneapolis, Minn. . “THE‘END on THE WORLD” PIANO — ACCORDION — VOCAL ROLLAWAY CLUB SUNDAY NIGHT, 3.00 P.M. FOR ALL PEOPLE OF ALL FAITHS the fact that, when th itably local opposition to the fact that the railway will said the 1957 results are MCNIK need increasingly fewer round- ticularlar concern bang: Radio and TV Musician THE CHARLOTTETOWN JUNIOR CHAMBER OF COMMERCE IN CO-OPERATION WITH THE JUNIOR CHAMBER OF COMMERCE OF CANADA ‘ IMPERIAL OIL LIMITED AND ALL CANADA INSURANCE FEDERATION EENAGEsI=E I I PURPOSE; O To emphasize importance of Safe-Driving 0 To awaken interest of teenagers in being Safe Drivers. “IMPERIAL OIL LTD. Ch’town A PC EOL sTEwART MOTORS LTD. Ch’town P. E. I. WALTER CARVER JR. Parkdale EusToN 5T, 83 Euston St, P. E. I. SERVICE STN. Ch’town TOM DAVIES TEXACO SERVICE STATION Ch’town I’. E. I. FALL’S AUTO BODY Weymouth St. Ch’town. WILL HOLD 'A cANADA.wIDE sAI=E DRIVING coNTEsT FOR TEEN-AGE BOYS AND GIRLs DESIGNED To GIVE YOUNG DRIVERS THE -PPORTUNITY I To DEMO-NSTRATE THEIR ABILITY To DRIVE SAFELY AND PROMOTE SAFE DRIVING IN THE COMMUNITY. TODAY, SATURDAY, DIAY 24th At The MARKET SQUARE NEW CARS SUPPLIED BY THE FOLLOWING CAR DEALERS GOODSPEEDS OF P.E.I. LTD.—Chevrolet, Oldsmobile, Cadillac STEWART MOTORS——Mercury, Meteor, Lincoln ALLISON McLEOD—Pontiac, Buick S. R. JOIINSTON—Ford - Edsel w. G. BARBOUR Dodge - DeSoto 9 THIS PAGE SPONSORED BY THE FOLLOWING PUBLIC SPIRITED FIRMS O GRAFTON ST. SERVICE STN. Grafton St. DOUGLAS BROS. & JONES LTD. Ch’town Ch’town P. E. I. W. G. BARBOUR Ch’town P. E. I. BELVEDERE ESSO SERVICE St. Peters Rd. ' P_ E, 1, MURPHY’S SERVICE STN. Ch’town NELSON’S SERVICE STN. Grafton St. East, CANADIAN TIRE CORP. 96 QUEER St. Ch’town P. E. I. Ch’town ROBINSONS SUPPLIES LTD. Ch’town P. E. 1. EASTERN AUTO SUPPLY Great George St. A. H. ROPER - ESSO Service Station Ch’town SPENCE AND MacLEOD AUTO BODY WORKS 39 Eden St. CITY OF CHARLOTTETOWN E1)\\'l.\' (‘. .lOH.\'b"1‘().\‘ Chianti M..\.1'0B METROPOLITAN STORES Where The Dollar Buys More Queen St. Ch’town LePAGE SHOE STORE The Home of Good Shoes Since 1920 Grafton St. Ch’town THE FASHION SHOPPE Great George St. Ch’town DeBLOIS BROS. Queen St. Ch’town ALLISON MCICLEOD LTD. Cumberland St. Ch’town H. M. SIMPSON LTD. Great George St. Clyiw-_., 0 Large number of Prizes and Trophies Iv; competition. IVING . AWARDS nvcfll . Local winner is transported to regional competltiol in Halifax, N.S. ’ . Retional win_ners proceed to Medicine Hat. Alberta. I0! Dominion Finals where scholarships are awarded. R. T. HOLMAN Summerside Charlottetown SCANTLEBURY SIGNS Kent St. Ch’town DON’S SERVICE STATION Grafton St. East Ch’town H. C. ATKINSON GROCETERIA Grafton St. Ch’town ZAKEM’S GROCERY Z66 Grafton St. Ch’town TANTON’S ACCESSORIES LTD. 152 Léreat George St, Ch’town this [D wants to drop a branch hem is losing money through lack patrongge, there is almost in to ab Looking to the future, the that Ev. in. III