JULY 1s. 19w l

w. c. PITFIELD a COMPANY

Investment Securities Heed Oﬁee: Montreal FRED A. BOURKE Dickie! Representative

GEARLOTTETOWN I81“ Gunﬁ- - Thoua990

Halifax Oﬂiee: 107-109 Hollie Street

mncirro errrura ovum earn-norm mxpommc. aac

VllﬁﬂVll

pi-

New Issue:

DAIRY CORPORATION OF CANADA

LINIITED

6 % Gold Debentures

Due July 1, 1945

n. Qnppany, through its subsidiaries, occupies s commanding position in ﬁve of Canada's leading cities-Winnipeg. Saskatoon. gdmonwu. Montreal and Regina. PURCHASE WABEANTS Bolder! of Debentures will have the right to purchase Clue A (jnmmon Stock at the rate o! 5 eu ch shares for each $500 Debeuture l; 530 per share up to July 1. 1935. the price increasing for each "n-yegr period therenfin. PRICE: 96 and interest, to yield over 8.40%. 1

Full information on . ., .

Eastern Securities Company LIMITED

w. n. v. rnmnm. MANAGER- (manpower-own crewman. SUMMERSIDE

. HALIFAX FREDERICTON

ST. JOHN MONCTON

ONTIEAL 8100i axcnand . __- Smelters

uu-kg“, reports furnished by Green Steel of Canada . shields & Co., Montreal, to Stewart Steel 0f Canada Pfd ... . ,. Jone5&CO..88 Great George Street. Simona .....

THE Q94

m... King Subsidy Will Accomplish

_ _ if _it be a sum sufficient to cover our bare neces- sities it must be over a million dollars per annum,

our old age pensions.

whereas it is rumored Mr. King estimates the Board w|_|| recommend only $400,000.

Increased Teachers Salaries

Audit

_ After Premier King's visit here the report was circulated that he had stated the Audit Board (offic- ials of the Government) would recommend a subsidy 0f $400,000 (inclusive of the $125,000 interim pay- ment) which he estimated would be sufficient to pay

This is how the matter stands:

l mended by Hon. Cyrus Macmiliarfs

Commission) Old Age Pensions Patriot) .. ..

I Deficit and unpaid bills. 1

"(bushel

(Recom- . . . . . . ..$ 100.000 by the - 300,000 929 . . . . . . 300,000

Memorial filed January 21. 1930 says:

“theneed . . . fora subsidy in support of Public Health, Education, the Aged

and Civil Servants; especially as all branches of the Public Service are mak- ing increased demands, and with deficit after deficit appearing in our budgets, whence is the money to come?")

§ Highways Grant abolished by Mr. King .. t Agriculture instruction Grant abolished

‘ byMr.King»............ . Technical Education Grant abolished by

Mr. King j Interim subsidy to

l l

Net Total Required .........

be sup-ercevded‘ .

382.000 37.000

22.000 125,000

1,266,000

....-

l Subsidy supposed to be recommended by

theAuditBoard

400.000

Net Deficit per annum ............$ 866,000

Readers will now realize where we are likely to

a? find ourselves if the King Government candidates are

chuloqewwn, Winnipeg Electric ... 35 emcted. Quoted at closinﬂ. July 17, 1930. l NEW YORK m.._.,o,.,_,___ ,1 l IF THE CONSERVATIVE GOVERNMENT BE American Can 131 ELECTED $741,000 OF THIS DEFICIT WILL BE MONTREAL Mlesmny - w; TAKEN CARE OF DIRECTLY B"! THE BENNETT will» zmnmnds "if GOVERNMENT. AND THE BALANCE WILL BE ' Bendix Avlati ... . .. 33%‘, :*§;"°*“° "m" if Conway‘, f; __ m MORE THAN PROVIDED FOR BY A GENEROUS En,“ ,,._.,.,,.,,._..,..,...., ...... ...,‘ ,,,.,1 SUBSIDY UNDER THE DUNCAN REPORT. 3.4, nu __ 11v. Commercial Solvents... .. 25-1.; __ ' session ssu Dominion Stores - 20 . 111141.53 Product; ,__ ___,, zzﬂillectrlc Poitier d: Light ... ... 730i ' ' ' ' Canada Car 1.. ‘zflliﬁiﬂodyear Tire ... .... Renmdr, ,,,,.

. J1’ 4 2 o 1940 98.25 Canada Cement ... 14% [International Hydm Elec. 39 “funding 5,.” 1943 10255 Canada Power and Paper 133'. lnbtrnatonel Harvester 83 V” A

, , Refunding . 4 e o 1944 99.35 carsdosmsng . . . . . . . .. Llfennecott Conner Refunding 4%,,’ m6 9835 Don-Anion Bridge SBIMOHT-QOMBW Ward 37 ' '

, Porrey Securitle; zsiNlagai-e Hudson Power . . 110.4. MAB-KET REVIEW may probably be added another $800- h5g3 angry-y '7 Paramount Publix 6W4 000 for gold. glvlrug a total of approx- General Steel Wares 7% Poor a: Co. ‘B. 23% Official figures of the Dominion lmately $7,000,000 gross income from Heme OJ . 370 Penlck a: Ford 46% Bureau of Ststlstlcs show that wheat pmeuotinn without, common“; no“- lmptrial Oil 20% Radio . . 41% stocks on hand on July 4th. 1930 e- operating earnings. Fifty percent 1s industrial Alcohol AQVSears Roebuck . . . . .. 6B". mounted to 126,355,609 bushels one 9, (nhureductlon for operating ex- Infqrlatinnal Nickel 25 Standard Oll of New Jersey .. '14".- year ago the total was 115311.276. 1391-155 and normal write of! affair lmeglsfzenal Peu-oleum . . . . .. IQISterIlng Securities A .... 11% 1t ls estimated that by the end ofwhlcl-nvuuld reams theabove gressﬁlg Mlitey Harris 26% [Studebaker 34% July there will be on hand, (as a urgswarietofﬂijmﬁOﬂ ggalngt div- Montreal Power .. 58% Yellow ’I‘ruck 27 can-y over into the new crop year) a- mend requirements for the hall you: McOoll l-‘rntenac . 19".’ Fox Films 4‘l"i,bout 115000.000 bushels, or someiog approximately $2,900,000. It will Naflbhsl Browne; sol-L- c. r». n. .. ... 18B§i\‘10,000.000 bushels more than one year m... be seen um m; dividend was National steel Car ifalchrysler .. Sliélago. Theexports fur June were 21,- 53mm by n, ggfxl margin. and l! Calida Bronze ... 3Q%iU. S. ‘Steel 165*; 679.434 bushels of vlheat and wheat cuppa; remain; uqrhln l reasonable Clnlda Melting ,,, ,,. .. _. 17$ ' 11°11! viilmlilfed “'10?! 393794-213 bllﬁh- distance of present levels for the re- Domlrlon ‘ral- 15.1 BANKS "97 els for June of last year-well down mamas-r of the year the present $2 Taurus Players 45' ' ‘this year but the best comparﬂtive ‘a share dividend should be well earn-

limjnda . 24‘Ba.:-.lr of Nova arctic . Pure.- Comoration .. exannk of Montreal . PrlmBros . 60 Bank of Commerce

Mm Pow-oi- . as Royal Bank . ACTIVE norm rmcns

... o.» o...

Abitfbl s". July1l953 Betuhzlrnols Power 6"’- 000.1 1959 H" Telebhone o". Mﬂr.11955 B 0 rowel 515"» Mar. 1 1000 Canada Steamship s". on. 1 1941 5% Dec. 1 1954 41m- Dec. l5 1944 s". Jan. 2 104s 5% June 1 1956 m. Apr. 1 i941 00v. s". June 1s m1 1001f e". Oct. 1 10st 101%, fem Power 51.4% June 1 105a 931i treal Pom sw. Mar. 1 m0 1021'. 5% July 1 1941 5". Apr. 1 1955 414". Apr, 1 1955 y s". Feb. 1 m: my. s". Dec. 1 was 101 411.". Oct. 1 106‘! s". A es _ Pbb. 1 m0 10:04, 4W1. Mar. 1 1968 9'1, lei Securllhe ...... our. May11952 ~ nolvnmolv GOVERNMENT BONDS ‘New w» m1 ‘FY-ban s". 103v 104.05, loan .. 514". m: 102.55. loan 014% 1984

316 monthly record of exports time 1w ed. as production both of gold and 296,August. ‘flotal exports for the elev- Copper “.11; pmmbly Show m m. 246Ven months were 163434.159 bllshels.gyeg_gg_

292

ggushowed 44,409,098 bushels of wheat}

100101- 947.629 185s than one Year i30- the first eleven months. it is es-

‘or 42 percent of the total of 38d.- .735.002 bushels to June 30. 1929.

BRITIISH COLUMBIA

jsioolrs at head of lakes at week end!

l

Based on the available figures for

104 but total grains were up 9.054.462,tlmat:d that gross earnings of B. C.

pgbushcls. Lake shipments from héaflipqwey corporation for the

fiscal

94 of the lakes for week aided July 7Lyear which came to a close June

104 . were 5.742.052

8-5 B89105‘ 3324.359 ‘S0011. 1930. will be shown at $15,415.-

9711 ‘one year =20 but shipments from Oll- mn increase of 5 percent over the m1 ,cnlng of navigation were only 51- ‘amount of 514681.264 in the pre:ed- 961g 422,943 compared with 90,216,952 las? lng year. 0n account of higher op-

YCBA‘.

NOR ANDA

crating expenses. however. net earn- ings will be down 4 percent a‘. $6.- 591000 as against $6.855.639. Assum- ‘lng proportionate deductions for dep-

No announcement has been mﬂdtreciatlon and renewals. income tax.

100i; ‘by Noranda u to its earnings in

g5 the first of the year. and many at- 311; ltempts are being made to estimate“; $125000 bond interest on B. C.

tﬁwart Jones 8: Co. €mvlwndenta o! Qrecnihielda 8o Co.

F" U354" 0f 8M Handrail! Stock Exchange i% as Greet

000m 88., Charlottetown ~.. .5

what they were. without rule; an accurate estimate is impos-

‘lferest on subsidiary bonds and div-

idends on subsidiary. stocks as well

krwwinﬂlrowers $10,000,000 issue dated March

11st 1030. the net available for div-

slble and I: actual 9106116910" h" friends will be in the rr-lghbourhood

not been published

101m the year copper production approx- Presénﬁ puny had to face certain coﬁdlﬁons production la at the rate of eboutprhich cu‘, into its revenues but which 1°g_4916,500.000 pounds a month. which isiare not expected u; have ; ygcuf.

lmated 21.000000 pounds.

estimates‘ oilo: $2,200,000 o.» $200,000 above the earning; can of course be little more requirements Of $2 per share on 1.- 19015 than e cum. It was reliably r8903‘ 000.000 A shares. Last year the mar- ‘eil that in the first three months of qln wee $032,080.

During the past winter the com-,

probably amund the everaie for ﬂhQrence. On recount of shortage of second quarter in which some cur- water supply, the company hes 0o re- fsllment apparently took ‘place fol- I duce the amount of power to its cus- lowim the drop in the price o! tomers. New pin-er development are copper below the l9 cent levrl in expected to be available in a few

the first three months of the year. This would give Noranda e produc- tion for the six month; of approx- imately 39,500,000 poutdg of copper.

The average prim of copper on the

copper output must l~ni:-\..l-:.~-.~. - - dfamﬁllilil,

Innden market in the first six! months was 15,‘! cents a pound. so cry asset-fut to be of ancient

months which will prevent n recur- rence of power shortage.

x-reys have been found valu- bole in detecting frauds in statu-

thnt the gross value of Ncrqrda‘: rrwln. the 1111's showing g cirferetice i". n-,~.'.r:.~.-e.~.. Cid ntnn-‘cle and that cut in _ ‘ _ _ _ _ _ u _ Juan; tﬂnegggnnnmmu-Joutlfxlahhlfm Hens Minister oflwm?*rrm:2u _

Rim-LOTTETHWAY GUARD‘

I

1- ._,~.¢_. .-

AN

~_.._ -- 3

l

- $1,191.. .

F Mid-Summer Sale of

GRUGERIES

3 Days Only July18,19,21 ‘é

Here's your opportunity. . . . Stock up at these exceed- ingly low prices. . . Every item an Outstanding Special and Choice Quality.

T | coRN FLAKES Quaker Puffed Rice Baker's Cocoa Household Blend Black Tea .... 38c

J/zlb. tin Each

Kellogg's Pkgs. for

-150 I 5C "i 10': if‘;

a tasty cereal per pkg.. ..

¢......on'-.ro.n'-o-

‘19cVi-Tone

AYLMEWS

Raspberry Jam Lyrgegsmey Heinz Tomato igroi‘. un_3' gins Catsup AYLMEWS Sieve .. .. 2 .. for .. Large , bottle .. .. .. ‘Each y 2 . $1.’? .. .256 Raisins D°ve Pears G ‘lgilllllllila d gigs 2 gggi- 25¢ $31.... 2 $5.. 25C o en. axe _ Beans A bfriigierstfii. LW Chm“ 123.... 2 $2.25. .31.: :..*:-.. .. 2..l::._ 43c -- 19¢

5

ow Eyed Beans

..._.H..ll1s.f0r .. ..

I.,ad G. Nahha o 1 LUX

Large pkg.

Protecting Public Safety On Roads

A number of enquiries have roach- ed offlcals of the Provinrial Thea- surer‘; Department regarding the clu- tles o1 the Motor Vehicle Officers and the safety of the road. Provision is made by the Provincial ‘Treasury Department for protecﬁlng the Pllbll? ‘against reckless or carelem d“ and the aggress lve and presumttlolls road-hogs. All traffic officers are care- i fully instructed to sec that the pro- visions of The Highway Traffic Art arefully complied with. and as ls true of the enforcement of nll other Statu-

‘ tes. only lvlth the fllll (‘o-operation of

the public can this be attained. All Traffic Officers rcnrlrr a daily report,

motor vehicles tn properly register their cars and all drivers to obzzlin-

Mlt. JOHN H. MYERS ' Conservative Candidate for Queen's

Mr. John B. Myers 1s one of the most popular and powerful personal- ‘ltles in the agricultural life of Queens County. A successful farmer. he his: taken an active part ln the various

from Prince of Wales College

1899. Since than he has devoted him- self to the development df "his pa- ternal acres" at Hampton-s wide awake progressive farmer. "John". the name he is familiarly known by. is of a genial disposition, liked by everybody. He 1s one of the best in- formed. moat ruourceful platform speakers in politics today. His elo- quence impressed both Mr. Melghen and Mr. Bennett whenthey heard him. One of the leading Liberals recently described him as "one of the most outstanding figures in politics in the Province today." adding that "there were no heights to which he could not rise given the opportunity." Mr. mere has been 1n politics since 1912. when he was returned to repul-

ssnt the ﬁrst dlsirgf cf Queens in the

A i licenses

or pol-tufts, but they ‘.lwrornptly' check all recklws driving. finvestlgaie accidents and all reason- lnble complaints of any infractions of llhe Highway Traffic Act- regulations. ,Ul>ﬂn 790011105 of any complaints receiv- sed from reliable residenm-cf reck-

l lC-Hﬁnégllgeﬂt or careless driving en- , 01851023149115. "id f°ll°w¢d “m. dangaﬂng mp public 5gfety, the frag. l‘ motor vehzcle in a manner lnronsls- l‘ keen when“ public “ﬁlm m me‘: flc Officers are instructed to make aliPnt with the provlﬂlonﬁ 0T V?" HVJ-‘P Province and 1h the Dominion. Born lwompt investigation, and on n fuu~...a_.. name Act OT to m, danger. M Hampton m 188° he Bndulud report to the Department licenses are I m” lawdilbldlng W51"-

wancellrd. suspended or the person guilty of the misclemeanour. if of a minor character. is visited and cau- tioned by the officer. or letters are written informing him that report of a second offence will mean suspen- sion or cancellation of his ‘license for the balance of the season. sixty-eight licenses were cancelled or suspended during the season of 1028 and forty- four during the season of 1929, During the slimmer months the Agriculture in the stem-art Govcm- ment. nnd was n-locfed in 1921, and 1926 to contest Queens at the then general elections. 0n the pres- ent ‘occasion he was the unanimous. grhcice, along with Mr. bicLure, tn v21‘; the Ccnscryrativc colors tn vic-

~ c-cn. and all drunken drivers are liable mark“

They not. only T011111’? all owners of.

bars for

5c l

._,, .

o”... Pink Salmon

tins .. .. for .. ..

I lb. tall tins

2

31¢-

o

cliff L; busytriccutlltg or supervising;

lnnumcrable control meazuzes. The) MT, Beﬂnett I

Department dow 110: wish to QQDHVC‘ any car onher, lf possible. of the prl- yilege of operating his registered mo- tor vehicle. but the sifcly of the lmbllc I

In Quebec

(Ottawa Journal) '

H1115?‘ be lfwteﬂed- and l" dﬂW-“S 31°11! Canadians who think of Quebec a4‘

their licenses only in strict conformity v a Cmgol cg Lm-railsm, 5,; a Strong. with The Highway ‘baffle Act. jhold that cannot be stormed. must

All those proven guilty of operating ‘ have been profoundly imprcsfod 0.: a car when under the influence of on Sﬂtllfdiy night the radio revealed liquor have tl-leir licenses immediately‘ the extraordinary lvelcvnze aocordcd cgngellgd m; ﬂgg 13313355 o; m; Se} Dfr Bennett on hmtcrlc St. Pet/x‘: Judging by the radio. and under the Criminal Code to a penalty lJudgVg "-5 ‘"911 b1‘ ma Cum”: of at least seven day's jail sentence, 1PM“ ‘mpamal 757307“ me eager“ without thr option of a fine Driving a lauw Leader was the Pent” of a ‘car finder tho inﬂuence of liquor will m‘ ‘mph as m‘: new? been lnci be tolerated on our hi: ~- my} l m‘ a rmlmmi chlefmm ‘all such offcndors will bc . vcuflv Si”? m? day: n’ S“ ‘walked Lanna ' * m

d It ,1.“ A ' a . M ‘ .. party orzanizaiwxl ‘ Vca ul Pnf-nhe T1111? Officers "n; “Tap “ha: wok pmm in Qucbﬂ ‘lnSl-Tllﬁkd that no lonlrnrfc will bra

. (‘lly rn Sawlrriay nlehf Mr Benn- l rivcq drll_‘-‘l-‘;'1 (IYLVPYS .ﬂ,»-_< “Onwpql ..,.-,..._,..,,PI “.35 indeed a The Pwnniiﬁ: sFnJPmrV-‘l d9lZ““'"\r~<-q‘ nic. sgnlilcant m vrhat it ment Mil appreciate the hes-gr;- on. “W,” Inna“. m °peratwil °r an Ia“"‘*bid*n3 Cmlcns in was as nothing ‘.0 the depth of feel- rcportlng all those gilllty-of any-offhe ,1... m“ wen“! up and Mo)“ m ‘various infractions of ‘l"he Hzqlizvivs “Que. my mighty cheering when flu YTYJHR? Aff- Dlﬁklllrlv in mnmP- ‘CCl'L<t?l"l‘8il\“3 leader began and closed Jinn with the iwhlﬂts bylwrsbns underthe influence ‘cfectors. Cheers may die out and, of liquor: the driving of unlicensed leave no trace. yet it would be absurd ‘cars or driving through villaits in :1 .f.~ hold ‘hat fills great gathering was rcclaless manner. or of operating a 11°‘? f! T“"P"ll“'\ °Y a fang.» in tho sl-nhments of Fwnch-

l l l l l l

o; true far n1'~re

there is reason to believe 1s refrsclnﬁ. - ‘its steps lo l ‘xtlilmln: to l! , T953; (“maxim h. an Ommm m- mnsrverfvl in the appeals of Manda:- ln 131-315;, auymnqbue club indicated ald and ﬁeorqe Firm-ls Cartier. l1 may rubber dug‘ ﬂ-om .1395‘ mixed ‘this slvul/l prove right. and the ﬂﬂllh <-,-_~d1n,3n~ hmhﬂ'ay_n dust “~35 |:“.E1'1S are all the‘ Tlff. 1i kratponsible for sligpmgv 1-09.15 in “Ill ‘s:- a great. a fruitful thing for ‘my “-@-,t;;e._-_ Canada For. as the Cstholle ' ﬁlm-rd rwziiei 0'1‘, the c‘her day. a

the days when

l ‘Nrtmt human load 0mm. has been lmﬂmmmed h“ rmlpﬂs l“ 73°15! we‘.

mllltfvafori in the United States since ‘llIlTPP- L‘ I 0W1’ mini! l0? 901139091" 1647. Louisiana. Al-‘kanr-as, Teyas ﬂmn- i and California now lrnrllnr; in lf-s —"—-—-?— l

Apparatus emf-loving principles c1 ‘lb ad¢ fe the comfort of bessen- radio has her-n installed in the Bea--

l . production. ‘i ' ' '5

uers in hot weufizrr a weiicrn rrlil- 1m Academy of Flush‘ to fest

. _ _ l road is cxpw-ufietltlng 0:101 coaches '2"."l5tl3 pr-rrerfi." craft-i v1. aluntlnlln-l rang, 0 "I1l‘~ a 5500‘. r" )l~"~.z~.r. zlvhnl: 5.,” u-lndrvs tin‘. ~r~blcs students m test thci;

leilxiillsalalf v1 the =lla1lmb§--lll0lw-.- -"

‘"11"’ rwnzl

He:

promise, but i! v

operation of motor h‘: powerful 870111 to Quebec City!‘

‘Canadians. 1t was. 1f all reports b¢__ than that. Quebec,

‘ R1QQ_ the u-mwygls second m”; 1m. solid Liberal bloc 1n Quebec a blot,

its 01d Blsu traditions. ~ '

could ever '

profound '"'

t‘*e of y'all llr1:~_~s\.

_... "