l m

I u: iiieiimoiia at.

.-. ._ ‘ --

JPROFESSIONAL CARDS;

lAN-UARY s. 1940

i Giovenriiment-Iliiiiiiii-pal-(urinationI”i i Securities .

BOUGHT - SOLD — QUOTED

5' F. J. BRENNAN o 00. LTD. i‘

Members lni-i-ahiieiit Dealers‘ Association 0i Canada ' a. M. lJAhNALL-Mannger - Charlottetown Saint John — Moncton — Fredericton — Halifax — Sydney

i_ -

I, Telephone mo

._._, _ _

NEIL W. HIGGINS

I CHART Enid‘) I ACCUU N TAN’!

Currie Buiidi-ig CHARLOTTETOWN

Tel. i080 I20. Boa 452 I

o . . William A. Reddiii 8A.. 5.5m. LLB BABRISTER, SOLICITUB. Ete. 1.0.0.11‘. Bidgn-Next to Redd] Bron

PHONE 2484 Honey to Loan - Taxation

COIJCCIIOII:

Dr. A. L. Maclsaa:

DENTISI Dental ‘f-Bay

Whelan Building, Room l I75 Grafton Street Phone 201

M. Albaii Farmer MONEY T0 LOAN B.A., LLB. BABBISTEB, SOLICITOB. Eta.

Chas. R. McQuaid "

BA. ‘ u nsaarsran. souclrol. l NOTARY, Eie.. Eastern Trust iZ-uiiding

CHABLOTTETOWN l Phone i111

A. Walthen Gaudet, LL. B.

BARBISTER, SOLICITOB, Ete. Phillips Building 111 Grafton Iitreet Money to Loan Collections

Dr. W. R. Carson Chiropractor r Palmer Graduate CHABLOTTETOWN E01 Prince St. Phone i072

Joseph R. MacMilion, LL. B.

IARRISTER. SOLICITOB, Eta. 15 Queen Street

PHONE 776 Honey to Loan

Collections

Matheson 8i Pealie

A. W. MATHESON. ILL», A. H. PEAKE, B.i\., LLB

Barristers, etc. Collections - Money to lean l0 Great George Street Charlottetown

,.__..__. -

MacPhee it Trainer H. F. MacPHEE, B.A., KL. E SOMERLED TRAINOR. B.A- Barristers. Ete.

Blley Bldg. I

Ch'tewn.

i B. Sc.

| I DENTIST

, | Dr. J. Cféollanl:

Pickard Building 15f Great Georgi- Si DENTAL X-IIAY

I | Phone 2067

‘MORRELL i l AND = COMPANY

CHARTERED ACCOUNTANT

Eastern Trust Building

Charlottetown

i i ! Phone 1441 Boa 844

J. E. Burnett. ‘.L.B.

Barrister, Solicitor, to. ODDFELLOWS BUILDING

134 Richmond Street

Charlottetown. P.E.l. Boa 414 Tel. 2880

EYES EXAMINED | and -

GLASSES FITTED

‘ J. s. TAYLOR i V OPTOMETRIST ‘ Corner Kent and Q‘ een Sta. l | Phone i056 | l I Evenings by Appointment I H Phone: Residence ioie l

. Bell & Marhieson BARBISTERS. SOLICITORS. to. R. R. BELL. M.L.‘.

D. L. MATHIESON. ' I..B.. ILC. Attorneys at Law LOANS 0N CITY AND FARM PROPERTIES I50 Richmond St. Charlottetown, I’.E.l

Palmer 8i Haslam A. J. IIASLAMLBA" LLB. Barrister, Etc.

Bank oi Nova Scotia Chambers Charlottetown, P.E.l. MONEY T0 LOAN

Frederic A. Large, K.C. BARRISTER. SOLICITOR- NOTARY Royal Bank of Canada Chanibeis Charlottetown, I‘.E.1 Successor -

George J. Tweedy, 11.0

.

J. A. McGiiiqan NOTARY. ETC. BARRISTER. SOLICI 0R, CURRIE BUILDTU‘

Gander 8i Hazard

Barristers. Solicitors. Notaries. EN!- Canadian Bank oi Com icrc Bldg MONEY TO LOAN GILBERT A. GAUDET. B.A-. LLB. Canadian Bank of Commons Bldg Charlottetown. P. E. l.

i

! H. R. DOANE and COMPANY l

CHARTERED ACCOUNTANTS

OFFICES-

Halifax Charlottetown Toronto

New Glasgow Truro Kentvllie

IN CHARLOTTETOWN as Grafton S". i

Phone 2-080 Boa 247 l RANDOLPH ‘V. MANNING. c. A. !

I I

s.

INASMUCH A! CAN'T‘

OUT YOUR NEW YEAR'S RESOLUTIONS %R' YOU. FIRST \—- i HEREBY RESOLVEWO 57D? CH§ING CATS- (7\

By Clifford McBride

WRITE; I'LL MAKE

AND THlRDr" I'LL STAY euros simmer: onus.

Corporation Profits Highest iin Record

By William n. Hers-n NEW YORK, Jan. 2 -- (AP) - The stock market distinguished lt-

sclf in 194B by ignoring the most prosperous year in the United Slates.

1i v/as a year ln which fears and uncertainties tumbled out of the recdlines wiili scarcely an interrup- tion. Th:- cold war between cap- ilalism and communism, peace scares and war scares, inflation. fourth-round wage increases, tax pruspccts—ihese and other factors dogged the heels of the market through the year.

Ii was u your of several violent fluctuations. and weeks of stagna- tion.

ll was tho luicsi strcich iii one of the longest sidcwise price move- nciiis ln the history of the modern stock market. »

Ai. the start of 1948 The Associ- ated Press avcrnge of 60 stocks sicod at $65.70 a share. Today the n-arkct closed with the average of $64.50.

The classical theory that corpora- tion earnings are in the long run the determining factor in stock prices was all but thrown over- board.

Corporation profits in 19-18 were the highest on record, as they had been in turn, in 1947 and in 1946. The answer to stock price fluctua- tions-if there ls any single answer —-lies elsewhere.

Closing prices Friday showed losses of fractions to more than

a point and were at or near the bcticm levels of the session. The market started off on a

fzirly stable footing, mainly because of buying interest in railroad issues which was touched off by nulli0r- ization for temporary freight rate increases.

From then on quotations were slowly but persistently marked down. in the final hour selling pressure became u little more acute.

Wall Street's year-end rally blew up before it ever got under ivay.

Two issues took off on a tack of their own.

Gaylord Container jumped more than five points at one time and closed 4 3-4 higher at 21 58. The swift advance coincided with dis- closure by a director of an oil find on some of the company's property in Louisiana.

American Broadcasting reached a new iop for the year during the day and curled 5-8 up at 10 1-8. Tlils siock has been in the market spot-

' light off and on during the month

but brokers were a bit puzzled to put their finger on the reason for Friday's demand.

Reports of excellent operating re- sults for the final quarter, it was suggested, did not wholly account for the price advance and activity. In the rumor stage were reports oi‘ negotiations for sale ofiihe com- puny to motion picture interests for use as a television outlet.

Canadian issues were lower. lliram Walker and Distillers Sea- frrams each fell 1-4. Canadian Pac- ific nnd Dome Mincs each eased 1-8. liicinflvre was unchanged. On the Curb, Lake Shore enscd 1-8. The Associated Press average of 60 stocks declined .2 of one point to 04.5, which compared with last Fri- day 0f 64 8.

Volume of 1,550,000 shares was second highest of the month. Turn- over was 1,380,000 shares. IlIGI-IFIELI) UNITED

W0l\IEN‘S ASSOCIATION

The regular monthly and second annual meeting of the Highfield United Women's Association met on the evening of November 24th a! the home oi the secretary, Mrs. Stanley Proude. The devotional period. led by Mrs. Bently Creed. opened the meeting. A portion of scripture from Si. Matthew's Gos- pel, chapter 28. was read and this was followed by some interesting Fefldimls b)‘ the leader on the sub- jrct of missions. The president. Mrs. Frlzzie, then took charge of the meeiiiig.

Ten members answered to roll call, and the minutes of the lasi- rcgular and also the last annual meeting were read and approved. The treasurer, Mrs. Eric Hurry, then gavc a detailed financial siatemen, for ihe past year, which ivas considered highly satisfactory. The election of officers vras next considered, and the following were appointed for the coming yiear:

Prcsldcni: Mrs. Bently Creed.

VlCc-Prcsidciiit Mrs. Ben Moore.

Mrs. Dennis Neal. Mrs. Ralph Gay.

Friendship Secretary: Mrs. Still- mnii FTizzcl. '

Mrs, CHEECI then extended a hrarty vcie of lhanks to the re- tiring officers, which was suitably responded to by the president, Airs. Frlzzel. Plans were made to hold the next meeting on Jan. 5th at the home of Mrs. Creed. The roll call is to be answered by naming a favourite hymn. and the lunch committee is io consist of Mrs. Eric l-lurry and Mrs. Rr-uben Good. '

The meeting closed bv repeating {he Lord's Prayer, after which 11inch was served bv the hostess. Mrs. Proude. assisted by Mrs. Neal.

SWEDISH BANK CHIEI’

BTOCKBOLM — (OP) - Kiss Book. head of the trade division of the Swedish foreign office. has been appointed governor of the Bank of Sweden, succeeding Ivar Roth, w.ho resigned in December.

Rfllll/E

rur cunnmin CHARLOTTETOWN ____

Active Year For Maritime 0.ll.li.

In reviewing the past year. in. solar as the Canadian National Railways is concerned, it has been one of progress. Notwithstanding the unsettled world conditions, ca- nada has risen to third place in world trade, her exports running into six billion dollars a year and her foreign trade is greater in value than that of the United States before the war. A great deal 0t this is due to subtantially in- creased exports to the United States. In the Marltimes this is reflected in increased revenue car loadings on the Atlantic Region of the Canadian National Railways. the figure for i048 being approxi- mately 356,400, an increase oi’ 17,950 over the previous year. For- iy private business sidlngs were installed on the Atlantic Region to meet the demands of new indus- trial developments.

A programme of improvements has been carried out on the Atlan- tic Region of the railway through- out the year including the placing of 316.000 cubic yards of rock bal- last in main line track and the laying of 90 miles of new 100 lb. lieel rails. Altogether some $2,000,- 000 was expended on the region for betternients and improvements and the physical condition of the railway has been kept at a high slate of’ efficiency.

Shock Shortage

Great difficulty hu been ex- perienced throughout the year in the matte.- of acquiring new roll- ing stock due to the shortage of materials, particularly steel. New passenger equipment has been on order with the builders for some time but it has been almost im- possible to get delivery. Eight of a new type air-conditioned ail- steel sleeping car, among the fin- est on the North American con- tinent. or: under construction at the Monctrin Shops of the rail- way, and fhreeof these have al- ready been turned out and were immediately put into service. These sleeping cars are a credit to the railway workers and em- body all the latest- improvements to provide the ultimate in pass- enser safety, comfort and con- venience. In addition 750 gondola cars are on order with builders in the Marttlmcs, 250 of which irere delivered during November and December and 500 are for delivery early in the new year. Also on order are 500 triple hop- per cars. The railways have been endeavouring to meet t-he needs of the country's transportation t0 the best of their ability and are making every piece of equipment do full duty in handling an 1n- creascd volume of business with fcw delays and dislocations for which they can be held respon- sible.

An ourstandinc event of the year was the diversion of ocean thlpping to Halifax from the port of New York due lo the wafer- iront strike at the latter port dur- ing November. This was more or less of an emergency operailori and threw a great deal of addi- tional traffic on the railway. par- iiculaxly in the matter of passen- gers. bu; this increased load was taken care of with dispatch and efficiency and without interfering vilth regular traffic. In all some 7,000 passengers were handled during the period, necessitating the operation of 20 special trains.

Annual Payroll:

In addition to the vital plies it occupies in the national econ- omic development ln the mailer of transportation, the Canadian National Railways ls also a large contributor by way of wagcs and ihe purchase of materials. On the Atlantic Region of the Canadian National Railways, “which takes in the Maritime Provinces, the an- nual payroll amounts to approxi- mately $40,000,000 and materials were purchased last yea: to the value of $15,000,000, of whi:h $8,500,000 was for fuel, the rail- way being ihe largest consumer of coal from the mines of Nova Sco- tia and New Brunswick. The whole C. N. R. system has a year- ly payroll of about $300,000,000 nnd purchased materials during ihe year to the value of $155,000.- 000. 'I‘he annual payroll was in- creased approximately 843,000,000 and material costs by about $25,- 000,000 due to increased wages and prices for materials.

With it: vast natural resourses as yet relatively untapped ihe railways will continue to be ii vital factor in the development of there resources whether it be a farming or fishing community, of a. manufacturing or mining cen- tre. or a busy port. It is impera- tive that the railways be enabled

s. r. R13..." 8i Son

OPTOMETRIT l

‘Specialist: in the fitting oi glasses ior the wrreetion of

ocular defects.‘ d8 GRAFTON STREET

O-O-OOQOQOQQQ I

Chironodlst For Foot Ailments

GIIIISIILT il. J. A. BROWN. l. P.

It! Great Gems ltreet

CBARLOTTITOWN. P11. 0+0 a o4 o¢¢+u renown

‘§-@O§O>§OOU§99

i ""1

i

PAGE THIRTEEN

SHIPPING NEWS

SAINT JOHN VESSEL MOVEMENTS Arrived Saturday: Paducan Victory, from Boston. Italo Marsango, Mediterranean ports. Arrived Sunday: Ingertree. New York. Beaverglen, London and Antwerp. Salled Saturday: Anatina, for Mediterranean ports. Suiiod Sunday: Paducah Victory. U.S. ports. Canadian Constructor, Halifax. Monia Alla, Continental ports.

HAMPSHIRE SCHOOL

On Wednesday afternoon, Dec. 22nd, parents and friends of Hampshire school district were entertained by the pupils, who presented a iIiOSi enjoyable CIIFIJL- mas program of recitaiions, pag- eant and songs, thus emphasizing the true meaning of the Christ. mas season.

Complimentary remarks were BXDressed by several of the visit- ors present, on the manner in which the program; was conducted by the teacher, lVh-s. Newson, arid also the organist, Iva-s. ceci! Stewart, who so capably assisted

’ t! i: ' _ , m ‘e n [Sum] portion of the en , noted alike in Europe and America.

‘i’. builds its eyrie in the lonely for-

zcriainmeni.

At the close, Santa arrived and displayed his jovial spirit which caused much excitement for the younger folk, and presented them with their gifts and treats.

Following ls the program:-

Openini.’ Chorus: "Christmas Bells."

Welcome: Recitation.

Solo: Jolly Old St. Nicholas.

Eirercise: Christmas Greetings- by nine juniors,

Pageant: “Fairy Christmas Tree" -by ten senior girls.

Recitation: My Christmas Shop- ping. Exercise: "Little chriitmascan-

dles"—by eight boys and girls.

Recitation: “The Beautiful Thought."

Carol: 0 Little Town of Beth- lehem-Joy senior girls.

Pageant: "The Months of the Year."

ilfoiflon Song: Rock-a-Bye Baby" "by five small girls.

Duet: Great Grand-Dad.

Exercise: “Merry Christmas Ev- ervb0d_y"—bv four small boy's.

Duet: Billy Boy.

Solo: Red River Valley.

Darkle Drill-by school.

Closing Chorus: Santa Claus.

INDIA AND MICA

NE‘.V DELHI - (C?) -— The government of India has appointed a committee to consider and re- port on the practicability of setting up a mica marketing control board in India. The committee ls also to work out a detailed scheme for efficient marketing of mica in foreign countries.

to earn sufficient revenue. by charging raics more in keeping wiifli the cosl of the service per- fornicii so as to be alble to main- lain themselves on a sound econ- omic basis.

With the uncertainty surround- ing world affairs it is difficult to forecast the trend for the com- ing year, but, barring any serious dislocations in business conditions, 1945 should show an increase over the past. year with the corilinued growth in industry and the ii".- crcase in population which is be".ul augmcnm: by the arrival of new settles who viii] nuke their lu- iure homes in Cainadn.

See Army of Germans as Russia's Not-So-Seoret Weapon

informed sources thank Rilbwll is preparing a new diplomatic bdillb$ll€il—ll. demand ior early withdrawal of all four-power oc- cupation troops from the country. The Germans would certainly lake m have iheir country bark, but, as these maps shoiv, i1 uuuid create n. situation perilous l0 democratic Germans and to the western powers. It yvould leave the Soviet - organized G e r in a :1 "People's police force in control of Eastern Germany and in position i0 overrun the country. This "police" force is really a Red army, consisting of German uar veicraiis equipped with tanks, a:- iiilcry and oihcr heavy weapons French estimates put. 500,000 Ger- man troops under Soviet com- mand. Photo, below left_ shows a German "People's" policeman iii blockaded soviet sector of Berlin clwqkms German truck bound for British sector. '

i; - NEWSY NOTES - 3 W ly Ago

The Duck Hawk

This ls a local name for what is correctly called the Peregrine Fai- con. Ii. has been famous in Europe foi centuries, as a first class hawk in the practice of falconry. It is easily tamed, and soon learns to hunt. birds for its owner. In this part of the world it has acquired the reputation of a successful mar- auder against most. forms of bird life. Ducks, shore birds, robins, meadow-lurks, flickers, pheasants, grouse, and many others are among its victims. Seated on some rocky height, or cruising along eas- ily. ilie falcon, whose appetite ls aroused by some luckless bird. shoots downward so quickly as al- most. to elude the sight. and strikes its prey like a thunderbolt! When it has tiny young, it captures ivurblers, sparrows, and other small birds i0 feed-them.

The Peregrine Falcon must have been familiar to Francis Baln, who, writing in 1891, said: “The Falco peregrinus is the most powerful and beautiful of our resident hawks.

esi. summits, and makes its forays along the wild rocky coasts where fleets of ducks and guiliemois swarm the wave. Here we may see him rush, like a plumed bolt. from ihc cliffs, sweep up his quarry from the gleaming wave and bear it off to his home on the hills."

Since their feet are exceptionally large, they are often, on this ac- count, known as Great-footed Hawks, writes Chester A. Reed.

Peregrine Falcon, Duck Hawk. AOU. 356a. Bain calls it a Resi- dent, 1891. "An early fall migrant

in NSF-Ruble W. Tufts. Adults: head, back, and wings, dark bluish- slate, crown darker; a black patch (“moustache”) on each side of the ihroat, ear-covert: buffy, Wings long, stiff, and pointed, primaries barred with ochreceous: tail and up- per coverts barred blackish and ashy-gray. Below white, tinged buffy on the throat and breast; sides lightly barred blackish. Some adults are darker and more heav- ily barred than others. Feet large. Immature birds brownish - black above, with rusty edges to the feathers; below buffy, heavily streaked with blackish. Length of adult male 16 inches; of female 19 inches. Nature Notes

On November 29, 1948 I rescued a Pine Slskin from the cat. (it did not live). This little Finch is dull in color, heavily streaked brownish, has two yellow wing-bars on each wing, and a yellow patch at the base of its short and strong- ly-forked tail. Sisklns breed in the coniferous forests of Northern Can- ada and winter in the middle tiers of the United States. I have noticed srve-ral flocks of Sisklns this year: they fly at a greater height than do the “Snow-birds."

One of the commonest experi- ences of the nature-student. is that there are years when some particu- lar form of life is abnormally abundant. Not many years ago iliere was a “plague" of big brown hairy caterpillars of the Acraea Moth. Earlier still, immense multi- tudes of Cingilia Moths fluttered outside the lamp-lit window. This year I have remarked an abund- ance of a four-winged fly, the Pele- clnus polyturator. They were all fe-

males: the male appears to be very

in color. and the abdomen of the female is at least five times the length of the head and thorax com- bined, yet no thicker than ordin- ary "store" twine. Evidently the fly is parasitic, and the body is used as an ovipositor to reach the "white grubs"_ of the June Bug (Lachnosterna). While the female may be 60 millimeters long, thc male is only 22mm. A most use- ful ally of the farmer.

As I picked up a block of spruce to replenish the fire, 1 noticed some lichens on it. There was a large Cetrarla, such as I described in m)" last notes, and also a growth

en." This is greenish, with radi- ating fibrils growing iii a shaggy fashion, but (in this case) only about 1.5 inches high. A somewhat similar plant, U. trlchodea, has the hair-like fibrils much clongair-il This IS the “Spanish Moss" that festooiis the trees in Florida like enormous masses of greenish cob- webs. When collected and pro- cessed, it is used as padding for auto-seats, household furniture, etc. ‘The collectors, according to l". ll. MacArthur, (1945! wcrc pilifl T5 cents per cwt., and two men work- ing together could make $20 each in a single day. Like our so-calle-d Irish Moss, this Spanish Moss is not a Moss at all!