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“said, so that all persons inter- . ested in the said estate as afore- ee oar Pave dus notice there-

F Pwirwass Yes Honour Harold

_Yeonard Palmer, Judge of the _ said Probate Court at Charlotte- ‘town in Queen’s County, the day aNd year first above written.—

By the Court. (L. S.) " (sgd.)-Frances B. Vinnicombe, = Registrar. CANADA “PROVINCE OF

-PRINCE EDWARD ISLAND _ IN THE PROBATE COURT The 2nd day of December A.

oD. 1959 me Re Estate of ALEXANDER | MONTAGUE WRIGHT late a Montague in King’s County - the said Province, Farmer, de-

peeemed, festate -- * | _ To the Sheriff of the County of King’s County or any Con- stable or literate person within

: f i

at to be held in the Court} in

ehacfeitit il il cage ne

| Pait-_ bearers were Davitt Ross; Bennett Gillis, John A. Murcni-

SUN GRILL: Good meals and Great George St.

gey's Pharmacy. Lecthinal 8.30 a.m. to 8 p.m.

Henry. Dial 9313.°

Central Printery.

Obituary Notice —

i RALPH COLLINS On August 27th, 1959, the re-

after a brief illness.

on the 24th. doctor ordered him to the Char-

lottetown Hospital. Before leav-

Pace, sw mfr ta nylons. Fall shades, size 9 - 10%

AUCTION “45” ° score cards for sale at Guardian - Patriot

Chinese focds. Quick service 165| 24 Saturday nights. The ¢

SOUTH Milton Christmas KINGSTON school Christmas cert, Monday evening, oto concert Saturday, December 19th,

sidents~of Newtown Cross and top coats, _ Windbreakers, euits, surrounding districts were shock- ed and saddened to hear of the sudden death of Ralph Collins

ure*suit by Saturday at 9 and we

He had been a faithful and| will have it ready for the festive obliging mail courier in the dis-| season. Henderson ahd Cudmore. trict for more than a quarter of a century and made his last trip

RESERVE Monday, December 2ist, for Hamilton Christmas con-

On the evening of the 25th, his | cert.

RUMMAGE sale Heartz Mem-

ing home he was visited by his = oo Saturday, Dec. 12 at pastor. Rev. Leonard McKenna | Bm,

which he was devout member.

on August 27th

parents.

Toronto, also one son

children and three sisters, Helen,

Power, Eidney Street, Ciatlotte- town, and Edith, Mrs. Charlés

prececeased him. .

His funeral which was largely | attended was held at St. Michaels ;Church, Iona, where Requiem High Mass! was sung by his pas- tor Rev. Leonard McKenna, who

grave.

who administered the last rites of the Roman Catholic Church of Campbell of Park Corner, dis-

F Lawrence who predeceased him. Five grand-

HEAR Mr. James Townsend cuss his fanious Aunt Lucy Maude radio,

He lived for only a few hours} Montgomery, over CFCY after entering the hospital where} 7.15 Saturday evening.

all medical aid could provide fail- ed ‘to revive him, and he passed peacefully ‘away at an early hour! land, December 11th, at 7 p.m.

CAKE gale at Holman’s Food- Sponsored by Home and School

Ralph was born at Montague,| Association, Parkdale in aid of July 19th, 1887, and lived there| library.

the —_ —. of his life. In 1917 ma’ Blanche~ Cody, of Newtown Cross and a few, years $7.98. Matching short sleeve pull- later came with her to her for- mer home to care for-her aged

TYCORA cardigans, new shades

overs, $5.98. Sizes 16 - 20. Gift boxed. The Gloria Ladies’ Wear.

HALF-PRICE clearance Men's

Besides his sorrowing wife he| top coats, windbreakers, suits, leaves to mourn a son Vincent! and sport coats in broken sizes.

of Allston, Mass., a daughter} Moore and McLeod Ltd., Char- Kathryn, Mrs. John Burke of} jottetown.

MAIN BRACE Dance, Friday night. Special floor show attrac-

Mrs. Michael Naddy, Newtown/tions and _refreshments. Mem- Cress, Frances, Mrs. Joseph| bers and guests welcome.

REGULAR dance Bonshaw Inn

Upham, Maiden, Mass. One sis- Saturday night, Burns Orchestra ter Alice, Mrs. William Roberts} RESERVE EVENINGS of Dec-

ember 2ist and 22nd, for Christ- mas Operetta in Crapaud Hall.

HALF-PRICE clearance Meh’s top coats, windbreakers, suits, and sport coats in broken sizes.

also- conducted “services at~the} Moore” and- McLeod Lid., Char-

lottetown.

ORDER your tailored to meas-

‘The Gueriian, Okarlotiotown, F1., Dor. 11, 1898. 15

AN NOUNCEME N r Ss Lover Monae Bl iy, Deby apm he Cri | lith. by W mas holidays. Lois Buell, prop, ‘Canteen service.

“| CITY & QUEEN'S

‘| and O'Connor.

. KING'S CO MAIN STREET Beauty Parlor See nee DANCE, modern and old time, ith We: cgen every Cay, ead nigtin tos Residence.

Births, Deaths, Marriages

(When death notices are received too late to be included on Os Sige. Cay Sapete Fr Say Canves SU ane Wwe S08 B00

and Meg | Gone front us but leaving mem. | With all ‘Lorne MacPhee (nee Mona ories, Waiting

Tho-| Death can never take away, mas”. 5 pounds, 7 ounces. -A Memories thet will elways jis son, Ruth and Kenneth.

Wise wath ie eat eo ata, Pe ane Reyes nga ye wells Mh who passed away five

1, MONTIETH — In mem-| We cannot think of her as dead cember. 9th of their chosen Casta aa Gaiden dee | ‘Who walks with us no more, who

Montieth, nieeed away, Aletg. tha nem of le we tread, 11 She has but before. _ MARRIAGES. | December 120, 8. soo — ee COURNEY — BELL — ‘The mar-| His wife Mary Montieth. band and family. * -

*

Funeral Director

MacLEAN — FUNERAL HOME

riage took place October 10th, loving memory

1968, at St. Vincent Paull "cap tent queue, Sohn Dalael De-| who passed away Aug. ath 1988 |

and Mrs. John Dalziel,

° . passed away Dec. 11, Tad

Parkdale, P.E.I. and Francis

De Sales C pres | Calm aad peacetal they are sleep

gegen epyeereniamsipeasansinass: —

Mrs ; the late Mr. C Tweed, On-| Sweetest rest that follows pain,

ss Sg Bago Bg || We who love them sadly, miss _ LIMITED termed the ceremony. But trust in God to meet again} 15 King Square CARDS OF THANKS | cane ssmembered. bythe Charlottetown I wish to éxpress my sincere} CARR — In loving memory of Dial 5549 thanks to Dr. Moyse and Dr.| L/Cpl. Stanford W. Carr, killed 1a

Grant, murses and the staff of i

Prince County Hospital for. their és kindness to me while a paticnt there, also to all who visi‘ed me . a and sent_cards, treats and flow- < : r ers. Financial Management Services Edgar Sobey, Wilmot Valley. . Instalment Savings Plans—For savings, educational, bust-

IN MEMORIAM ness reserve and annuity purposes, Investors Syndicate certifi- cates provide a systematic method of accumulating guaranteed’

—. — In loving mem- amounts of money over a period of years. ‘ ory of a wonderful husband cS and father Ellsworth Ferguson Single Perna Certificates with guaranteed investment

who passed away “Dee. llth,

1951. A Balanced Mutual Fund — Investors Mutual of. Canada Ltd. How quietly the years seem to} emphasizes reasonable income, stability and capital gain

fade away potential through a portfolio of more than 100 securities includ- But beautiful memories will al- ing common stocks, preferred stocks and bonds. } ways stay. : - A Mutual Fund For Growth — Investors Growth Fund of Can- ~ - i comee een ada Ltd. emphasizes long-term capital gain through a portfolio For his family and friends with concentrated in common stocks. always a emile. Tax-Deductible Registered Retirement Plans — Three types of Always remembered by-Audrey| ‘Registered’ plans are Offered by Investors: (1) fixed-interest

and daughters Diane and Debbie.

DALZIEL — In loving memory of our dear mother and grand- mother Mrs. John Dalziel; who

(2) equity (3). combined fixed-interest and equity. ©

Group Pension Plans — With Investors Trust Company, Inves- tors Syndicate has complete facilities for the installation, ad- ministration and investment oe. _of trusteed _group

For complete details contact your Investors representative — t

son, Joseph Henry, Monty Kelly,

{and Michael Morrissey.

May he crest in peace

CARD OF THANKS

In the midst of our sorrow we wish to express our heartfelt thanks and appreciation .to our many relatives, friends, and neighbors, for the kindness, and Sympathy shown ~us in the loss of our dear husband and father,

wish to thank Rev. Leonard Mc- Kenna Dr. Jobn Gillis, Eldon. the sisters, pastor, nurses, and doctors of the Charlottetown hos- pital,” also all those who sent floral tributes, enrollments, mass cards, letters and cards of sym- pathy. Mrs. Blanche Collins and family.

town in Queen’s County, the day and year first above written.

Ralph Collins. We especially |

RALPH MACINNIS says “If you come in before Saturday and let me measure you for your Christ- mas suit I'll have it in time for the festive season’ - Henderson and Cudmore.

DR. LLOYD Cox will te absent from the Polyclinic from Dec- | ember 14th to December 21.

“DIAL 3644 Free Delivery to Your Door” and get. the best values for your food dollar. Wea- therby’s Clover Farm Food Mar-

ket. PRINCE COUNTY

CHRISTMAS concert, Emerald Hall, December. 22 at 8.00 p.m.

MOASE Jewellers, Summer- side are prepared for last min- ute shoppers.

REGULAR MEETING Borden branch No. 10, Canadian Legion, in Legion Home, December 11th,

By the Court. jat 8 p.m. Full attendance of (L.S.) members requested. Election of (Sgd.) Frances B. Vinnicombe, | officers for 1960. Ladies Auxiliary s Registrar. meeting same time. (oeennm nec ene pooresacen pmwanaarewae erro ae

* 2

¥

BS 8 s s 2 2

e§ & 3

5

Leonard Palmer, Judge of the

said Probate Court ourt at Ch Charlotte-!

Ti

PALMER ELECTRIC

We are proud to have been chosen as one of the sub-contractors for the new Royal Bank Building, and to be associated with the construction of this fine building. We are sure it will serve the people of Prince Edward Island well.

electrical installations

The electrical fixtures throughout the building have been in- stalled by our firm. We have used the newest and best mater- ials available to create a pleasant lighting atmosphere in every floor of the building. The indirect lighting in the two banking floors provides excellent conditions both for the staff and cus- tomers. You will find it a pleasure to do business with the Charlottetown Branch of the Royal Bank of Canada,

Insurance

Insurance Underwriters, is at Offices: CHARLOTTETOWN,

in the new

ROYAL BANK BUILDING

IT’S GOOD POLICY

To be Adequately Insured

HYNDMAN & CO. LTD.

Our experience of over three-quarters of a century, a8

ALBERTON

Agents thoughout the Province. age All lines of Insurance effected.

Since 1872

you disposal. SUMMERSIDE, MONTAGUE,

#

Christmas is for children - - - it’s the ime of year when

thent is at its

peak - - - let’s make this a real children’s nothing like new clothes to give your boy or girl a warm, wanted feeling - - - Our stocks have never been better - - - be seeing you soon.

‘Prowse Bros. Have A Sparkling ° Array of.Gifts for every Girl and Boy’

PROWSE BROS. LTD, - Santa Says..

le eyed wonder- tmas. There is .

Girls' Wool Cardigans—Sizes 7 to 14... ..”.. Price $3.98 Girls' Wool Pullovers—Sizes 7 to 14......... Price $3.75 Girls' Nylon Tights,sizes 7 to 10 and 14 to 14 .. Price $3.25 Girls' Knee Socks—plaid and plain ....... $1.50 to $1.95 Girls Head Scarves, assorted colors and prices. Girls' Silk and Nylon Panties, sizes 7 to 14 Priced 49c to 69 Kiddies Cardigan’ and Pullover Sweaters in assorted colors

and prices. -

_

Kiddies Tights—sizes 4 to 6x ...........+.. Price $2.98 Kiddies Dusters in corduroy and crepe — sizes 4 to 6x.

Assorted. colors apd prices.

Kiddies silk and Rayon Panties, sizes 2 to 6 Prices 39c to 69.

passed away “December ‘Tith, | ~ pension~ptans- rs “Pp Soft taffy

7,

“Your best friend financially’

Your hands we cannot touch, But God has given us sweet memories,

Of the one we loved so much.

pL pies investors lavingly remembered by fam- syndicate

CAE +<"ta memery of LO. OF CAMADBDA, Limttes W. Stanford Carr, killed in ac- Heed Office: Winnipeg —--Ofieus In Principal Cities tion in Italy, December 11, 1944. To one, we shall never forget. Remembered by his sister, Mrs. Lorne Dunning.

es

« - ~*~

PROSPERITY AND SOME OF ITS | ANOTHER YEAR OF

PROBLEMS — WELL-BALANCED PROGRESS ; POLICIES REQUIRED FOR THE BANK :

(Extracts of addresses by the President, Mr. J.-Ubald Boyer, and the General Manager, Mr. Léo Lavoie, at the 59th Annual General Meeting of Shareholders of The Provincial Bank of Conade.) :

orlon and wool

COLD WEATHER ACCESSORIES—

Finest quality wool authentic plaids head — warmers—$1.98 - .98¢

fy +00% wool ear warmers, ‘cen- ith seed pearls—$1.49 - $1.25 _. New style wrap around skap hoods—but-

tons in back—finest quality jersey. Assorted shades—$1.98 - .98¢

Fringed helmet—100% wool—buttons in front under chin—$2.50

‘ ‘ %

The Bank has made further substantial progress during the last fiscal year and the Statement, reflects

“A great deal of attention and interest has revolved lately around the monetary situation. After the

Lay-Away Your Christmas Choices Now!

both the strength of our Institution and the health growth of its operations. Total assets now reac $358,900,000 against $326,000,000 a year ago, a substantial increase of almost $33 millions. }

Total deposits have reached $338,900,000, an in- crease of $28,600,000 or more than 9% for the year. These figures may be considered highly satisfactory, especially when it is considered that, as a result of the anti-inflationary, monetary policy which pre- vailed throughout 1959, total Canadian deposits in the chartered banks remained at practically the sane level as last year.

Day-to-day and call loans, at $9 millions, are virtually at the same level as last Year, while mortgage loans under the National Housing Act increased by 27%. There was a remarkable upswing in the volume of ‘other current loans, which #limbed from $141,400,000: to $170,500,000, a_gain of more than 20%. Total loans went up from $154,200,000)- ‘to $184,000,000, an increase“of $29,800,000. i

The Bank, in order to meet the loan require- ments of its customers, sold some of the securities previously held in its portfolio and total investments now stand at $115,200,000 against $118,600,000 last year. Due to the rather unfavourable conditions of the market in 1959, these sales of bonds generally involved losses; however, the Bank did not hesitate to make the necessary sacrifices, whenever the best interests of its customers required such a. course.

Quick assets total $176,600,000 or 51% % of all | liabilities to the public.

Paid-up , capital increased during the twelve month period from $5,000,000- 20 $6,994,000 and will reach $7,000,000" ), within the next few weeks, On the other hand, “rest oceans went up from $7,000,000 to $10,292,000 and will reach, alse within a few weeks, $10,300,000. The aggregate of both accounts will thus total $17,300,000 against $12,000,000 a yeag ago.

‘Operating profits were $2,656,000 compared with $1,800,000 last year. Annual provision for. Income Tax was raised to $1,275,000 against $775,000 in 1958. A contribution of $150,000 was made to the Staff Pension Fund Society. Operating profits cess if both labour and business were to insist that amounted to $1,231,000 which is $1.76 per share on | a full-employment economy be maintained through 700,000 shares, compared with $1.75 on 500,000 policies requiring no effort or personal sacrifices. 7; year i h | The day is nearing, however, when it will have to ight new branches were opened during the Gs tlie cchaiielidlinns Shak “tepiiiaeel ‘wheuse ail year, thus bringing to 358 the number of our offices h y oe ie thie af h — 173 branches and 185 agencies. Last April, an ave some meaning, even in these times when tec important agreement was signed between the Bank nology has altered s0 many concepts. It seems that and the Federations of Caisses Populaires ‘in the after all a fair balance between saving and con- Province Af Quebec for the clearing of cheques sumption is an essential element for the ultimate

and we are pleased to report that it works Salis success of any economic long-term planning .. factorily on both sides,

THE PROVINCIAL BANK oF CANADA

| @entral bank had increased the money supply. in 1958, to check the recession, it decided, once the recovery was well under way, to stabilize the banks’ cash reserves in order to prevent any inflationary developments. These reserves, after having increased | by more than $100 millions in .1958, have sifice remained almost stationary around the. $1 billion level. In order to meet the loan requirements of their customers, banks found it necessary to liqui- date some of their bonds, at prices which generally involved losses. Almost $1 billion was obtained in this way and loaned to commerce, industry and agriculture.

References often are made, however, to credit —, as in 1956-1957, even if commercial ag did not rise at that time nearly as rapidly as year. As a result of persistent demands for eae money is scarce and tonsequently has be- come dearer than ‘at any time during the last thirty years — although, in the case of Canadian barks, the rate is limited by law to 6%. Obviously, business men are no longer accystomed to conditions of this kind, which they used to consider quite normal in periods of prosperity. While they formerly con- demned easy money in the interest of sound money, they are inclined to consider it as almost a neces- sity today.”,

“...This leaves unsolved the question as to whether we can enjoy, at the same time, the benefits of full employment and a stable currency ..,Once the war economy was liquidated, we had a four-year period, from 1952 to 1955 inclusive, when prices were re- | markably stable ... Signs of weakness then emerged in our economy and twice during the last four years there was definite government action. If on one hand the benefits of full employment were secured in this way, there has already been on the other hand a rise of almost 10% in the cost of living. This means a decline of more than 8% in less than four years, in the purchasing power of our money. It would be impossible to stop this devaluation pro-

" Charlottetown

Copies of complete addresses are obtainable at the Public Relations Department, 221 St. James Street West, Montreal.

Price $11.95

Prices $5.98 and $6.95

Prices $3.98 and $4.95

Ladies’ Banlon Twin Sets—Sizes 20—all good shades—

Price $12.90

Your Very Special Girl Wants A S WEA TER This Christmas... :

; \ Ladies’ bulk knit all wool Cardigans—’

Sizes 14 to 20—Colors red, white, royal,

dark gren, dark brown and beige —

‘ Ladies’ Banlon Cardigans—sizes 14 to 20—-all new shades—

Ladies’ Banlon Pullover Sweaters—short seeves—all new shades—

14 to™

Ladies' Wool Cardigans—sizes 36 to 46 _—Colors powder blue, navy, black, wine and grey—Prices $6.98 to ‘$8.50

PROWSE BROS. LTD.

the Store For The Whole. Family

98 QUEEN ST. DIAL 8583