‘ _ ~_ THE CHARvLOTTl2',r0Wl§J (:UAR|1|A¢\ i PAGE “NE \

asv 181.1931- _ _ . A .

;EsTERD ’s sfro D Bo DQ o

rw( n , y . 7yyTq9AH;

4 A 1 " " ' ' ails; 4"; ,.| #_ .I , ' _“__ __ _ _ W J( V V

‘ _ _l_xm 1 , h' 'f ,,

New Y0|'k 1 77l€'MOHtf8Gl sms aosxnsr i

sugars;

21181813131#

MONTREAL

Pnrllfc Grain ... . : my ol llontreal ... _ un 0( hovu iacotin .-_ _ _

leli"i‘elepi\uue J. ---

mnnh Cnlunililn Power'

m 'Products _._ _ ... 20

iuiullus

Cement

d .us un an. 4»~ na

:mn Il ‘iialtlng _._ 1.. ... :__

'fat uiu . Tlnmlian Illlrtlinn :snsriinn

l'0\\'er and Paper ._ Bank ot Commerce

Bronze

~ til Cnr and nun ry .. 531111:: lndustrlal Alrolml ._ Cnosolidntell Huielters _._ Dominion Bridge _._ ppmlnion 'l‘nr und Lheullcal ._ 41-|-,mr (X111. ... General Steel Wares . _ Home Oil _ . . _.. ... _._ international Petroleum ... _ _ [mperlal Oil .__ _._ .__, . ilsasey Harris ... ___ _

uucoil Frontenac iioattesl l_. H. and Power Sationnl liruwerlrs ... National Steel For ... .__ _ _ Noraniln ._ .. poo-gr Forporntlnn _ Price Ilrothnrs ~. _ _ Quchro Power _

11,15-nlllnnk ,... _ _ _ _ _ ilinwinignu _._ .__ . _ ___ _qlmnn :ind Sous .__ ._ _

_ot lof (`un;|\Iu

“xl of t‘nnp¢iu l'i‘ll. ... _ \'i|,,|i\.¢-g Electric . _

Nl'i\\' YORK

tlloghnny linerii-un i‘an iiinouinla _ ._ iientlix Aviation Canadian Pacific

lt-r ._

'fhfyl

‘unsoiidaied Gus *...

Fnnniierciul i<0l\'ents _ _ _

Zinmluion Storrs .__ llectriv l’0\\'er and Light .__ rnx Filnis . _ . _.. .__ _._ ... leaerni Asphalt ... ... __. _._ le\_er|\i Motors _._ ._. ... _._ loodyear __ ... luteruutinulll llyelro l-llfrelrlu .. international Harvester ... ... (wperott Popper ... _._ .__ lantgovuery Ward ... ._~ iiagura liudsou Power ... _ Fsrnluuunt Publix ... .__ 'mick and Ford _._ .__ _._ _*nor and Co. B .__ _ _ _ _ lsdiu _._ ..» .__ ... liars lloe|»n<-it ... ... ltanrlsrtl iiil of New Jersey Merlin: h'et~uriiies A .__ .__

ell lter _ _ .__ ... ._

itull ri ._ ._

Y. S, Slerl .__ __. _ lansrllum .__ ___ _ (rllow ’l`r-.wk __ iirsrsifioii Trustee Shares ._ 'All liouey .__ ___ _._

1 __ 200 .ll-l

140

msn _ lfili.

'nigh Arnerlrun Oli ___ 101./1

..`-1% .. .io

_ i

__ 31

“Wi 12 _. .sol ‘ ... 212 _._ YI __ 12% __ 2% :ii ... 31! ._ 10% ___ 1 ... 4 _._ '12 ._ 11%

4’/.1 12% ...-52% csv,

22% 411% :iv/. :il ..‘_':is‘.§ 411,;

toy,

1. J: E7-

Ii0‘.(\ 1-1 l/4

___- B'/5 . _ . 11111,;

25% 171'! 27 ll) 02%

s. 12% ... 201/s _ _ _ 411,52 .__ 111% »». 21% . _ . 40% -_ _ 311];

2'!

.fl 10%

101,41, - _

20% new worlds record hy running for il-I

__ 10% ,__ ‘_»sl<_,i coiuplishnient has attracted visits from

_ __ 34%

_._ 171/; N't\,§

li-'i

sw .n ,s

A("1`l\'E BOND PRICES *

`.0RI‘01\_\'l'l0N BECUBITI ES:

ililtilil _ '__ 500 48.

1053

lell Trl _ _ 500 1057 105.

S C l'o\\‘ _. ii'/1 pc 1000 102..

1047 00.50 101.(

1041 50.50 02. ) _

50 mm" itnl ln issued common stork. For pur-

lilh pc

li pu

4% pu 1044 07.

Can l`rn\ _. fsn Strain , T 1’ R _ __~

UP ll _ -__ ~ll/,pc 'l P li . ._ _Gpc Gut l'0w ._ ppc/lil *#01 uit vuw ._ tips 1041 xv: llrm C M Co 5’/g pe llnnt Pow _ _'ive

llont Pow . bpc 1070 Moa Train _ (ips Ili!-ll 100 lion ’l’rnui ,_ lipo 1lii\'i 04

Sli li

10.51 104

llon Trnnl . 1% pl: 10 Stl.

Que l'u\v ._ 5|io lil

illid

lliiaiv l’o\v , U10 jot l.'u|t Sorur _ 105;:

5 iw

6‘,§| lic

DOMIN 10N 01" (`AN¢\l)A

ou_in_is:i'ar_v noxms ____,

5 pc 1000 5 llc 1055

_ 4|/1 pc 10.14

~l\/3 pc 1050

...nt-....1 inf-ing

Di'/.'I.’/_2'I.27.’l.2|'i =========¢=

E..

_ 1'/1 vu 10.11 101

ioi. 10;: 105,10 107. 107.00 10.-. 101.00 1011. 107.00

4% [ic .lliiill 4% pc 1'_l55

_ _ 5 pu 1054 _ _ fl Dc 1000

D DC 1000

- 5 pc 1070

104'! 102.

105.

100.

1lIT.0i 100.00 101. 101.00 l0l .U0 103.

.Trl 00 15

1064 10-L50 106.00

M! _. ii?-Ili...

3 rliarges. Plan rarriea for five. years from _:so 100.12 00 100.50 .50 102.00

1100 014.00 100.00

51|

.25 ill) r

l 103.

103. 104.

108.

))0.\llNl0N 01" _(,‘_\NAl|A Il0Nl)i1

flux a.\i:nrr issues)

illv __ ._ 01-11.10211 10i_r».'\

i04.‘_r_

_ 101.05 '/_iw m~¢i.1us1 111.195

i'.~.1u~ ... Nov1,l0:l:l 'lic ._ ._ .__ !ilur1,lii:i`!

‘l‘.\ XAULE ISSUES)

-E-S';I'E‘ 6 -- 3 = a

<3? :__-

_-1!

l_\ll_KE'l‘ RE\’lB\V F011 MAY 10,' Ill

l.\t%l‘1€\' I|.\l\1l_Il!x

lt. is understood that the manage

1.12

__ _ Nuvl l0_‘i'-‘- 102.05 103

105.10

1.00 102.10

105.53 100

i~.‘uv1§10;s1 104,10 - set-¢1.1u10 10

or-t1n,101u

_ oe11s,1o41 10

1.05 102

f.. 1-*et11,10.m 101.-zu 101;. ._ ._ ouu,10u0 04.50 00

qxauxhxmdntasaxsa . ,,,_

i Ani

m°"f "f \ll\He.\‘~llarrls tfonipuny cg- Am Devin to disrmiiniie manufacturing op~\J\u\ erntiunu on the first 0( .luly for the Ain m""' mn- °""9l‘f l‘\"'\l=l\ll¥ 'lv-\° soino`Anu llilnur linen, as it is l-cllcveil that in- Anil ilentnrles new on hmnl will bu ;p,n'{t- llttlt c ent to take cure of |irol»:|l1|¢ 1|;-y|m,"|s “mf “WY \\\~'9\“l'l in the next few months. At the close nt the lout flscnl year inventories nniountvil to just un-

’l'olu\t: _.|22

()l\lt\ ._ 58

‘1“"'e“5§‘\ 0)' $l0.0iiil,000 \\'llhln the Dear. \\ hlle the dm-lsion may lie |-;_g,,|-,|.

nfl ln some iluurtcrs as sonie\\‘h'\t dras- tc and ur.fi1\'oruhle, fi-uni the con. structive utnutlrulnt tt, “ill ¢_““\,\,, ¢h.__ ¢0\1\i>aI»y_ur»\d\u\lly to reliuuu its sem ll\\'l¢e iu\enlorieu ami reuize on wlntt |lreu4~nt rondltlmis have a te|nlc|n'_v to develop into "!r01.en" assets, null in this respect in-_-urly num-ui-u thu iiuuul uliuution. lt. is uxpet-:eil that the cloa- lug.<lo\vn :it the pri-sent time would permit resumption of operatiutis next winter. lt is generally refrogtilzotl gun; it will he nest. year lieforo any substan- fml lmllfovelnent in the hnylug power 1! the altriculturul coiniuuuiil' so fnr ill Ulllllelnenls are Cuucemevl. would be in evidence.

nocona-rno1~vrnN_\c ou. co.=

That there has been a material ln-

creuse lil solos of McColl-Froltgnnc Oil Company, Limited, thus for lu he.0ur- reut flsrnl year which opened on Feli- vuury lst, was indicated at the annual l\\0l‘l|l\|! by the prvsltlmit, John Irwin. This lnrroiilw wus associated with the tariff changes nultle hy the Federal Govetnnxeut last fall heneilta helug re- ceived in this direction by the vouipnuy being quite helpful. 'l'he president u\\~ peared confident of continued sales in- crease and looked hopefully to results for the balance of this fiscal porlml. He stresses the fact that not having any entnutrlenients with ani” company in any part 0! the world with respect to crude nil supplies, the company was able to talre advantage ot low prevailing prices

to to the compnuy's

Imews Il __

Nnsli _\I0 . _ ‘_

but 1' I. _

ltep l Steel _ _ Safe Stores _

which should a rue benefit in this yenr's results. Not being a producer McColl-Frontenac is not nf- leeted adversely hy over production al crude oil which hal developed. particu- larly since the advent ot the East Tex- as field, which brought in a large sup- ply of high gravity oil. The refinery at 'Montreal East recently established a

"00 _ ., 21101 20'/il 2'»’V_l 9='»’ii` Auto ...200 210 |202 .2202

Int Nickle ._ 12%! 1284 12-ii; 12% - ll lut Tel _ __ 21%: 21% 20'/sl 20131 - _Tnhns _\[an . 45% 45‘,§|i 45*/4| 451,53-

' Ken (`0[i _ . 20%* 2014;] 105# 10\Li

Lum (`u _ 7'J‘5§r; 72% 72 i 'I2 --

Lig My Ii _.1 7S‘,{ti 78% 17'# `

il:

Mont \\':\ril _ 20-‘H 2151 20% `.

’1_l 20 28% .'

Not (T llell _ l Nat 1) l’l‘u . 42%! -12% 41% l - ' t . i i ‘

Pull Co _ | . Xlmllo Corp _ lS",i 1B%l17%i 11%, - ll. Ii 0 __ __ 17 `1'l 103/§‘ 10"/gl

. i i

B lloeiiuuli __ lil’/it 51|/,I 50% lil

Sim Co __ ___ 121021 13%) 131/gi S Pliulflc .__ Tillhi 70',lyl 78%

B Brands ___ 1ii’ii`; 1S‘yg\ 18 ,ld ,-

B G Elec ___‘ 081§| dS')§| ti7Y|l |181/1

S 0 of N J _ 115‘/,\ 3'-'xlfli 3-’i%l §i»5Y¢i- Texas C0 _ _ 10% 100, 1010 10%- Tex G Sill _ 41 41. ,40'S§, 40%-1 ‘A Tin! ll. B 41i~'}ii-13Fyil41l% -

U Carb Carb islii/|\ -iislili -18%; ~i8_¥,|\

_ Qt

S #isis

-lr + u l $i=¥s<i'~"»"1¥`S

11% ~1.'i'iu|- *WW _ 8% _

11%, _

1 55: -__

1 g_

ici __

+ +++++ + ii l<¥f#`¢»<e"o">"»r1 i_<}f`u'1

1109. ~

78% -~

Cs § + _ ss

\\`

V or-ks '

" 29 Bell Telephone ~ ’- _it so ns....~ '“ 'Ki ¥lruzll‘lnn ._ " Il t? .l'ou-er. A ~‘ 'l¢1_t‘ Bronze Com V-il'/J (‘u|| (‘nl' l“\‘ly _

5914 -is 5*"/1 “ 'lin Fan Pemtlit- ._

ut-tn sm-I ._ 44 |-14 4:4'/,, 410;, ~- vm, 1-em pm _ l-lrimzs .. ._ I2'/_i1‘-‘iii 12 12 - M. C 1'".-ine New C 1' G Ale - 40'/ll In - vm-kssut i~iu'u-

‘ 1 ~ ‘i S11 ‘T f\l ' ‘| 1 -L_ U

dur $22,010,000 which mu: uni 1,_~_-...:lui-f_;:d3f§|.1"I 510.1 '8“\"I"‘;?i;i§`_~+ 1/fi ‘r»'f»"'n_5\1:iu:m-Q"

vuryu stu 10|/,|101/,|1n1,4, 10\/_|- ¢;,,,,|, vol' vin-h . . 00-/.»f00\4.| 00 ,00 '+ ‘A nn Nu-kui

Cul li Elec ., 21)'/tsl 20|), £824! 23% - 14| M Hllrrll ..'

Col Graph _- Fi'/44! 3% P"/it 5%-‘/L llc-Front _.1 _ Cons (las ... 0t£’Y|l 02%. 0'.’l&| 02% -- ‘Yi Mont Power- ,_ 1'0": vnu r»1u|m1t_| mai w'/=- 1/_ sur ine.-_.in Porn Pro 0-iflll 041/B tliiiitl 6-'l'§{_ -1% NM meg] C" E l ilnpout _ S2 |52 8|-'ii 8lM`- Vs ltr-in Brom __

nieu A-1. (-0 »|1%ll imi- I'llt‘<! I' Ll. __ 4'.",'/li 4‘.’fY¢| 4155 1l1';£.`-~ l"0X Flllll _._ 115%' 10% lil’/§1lll§§ - l-`roe 'l‘ex _ _ 215;, \2`l')t.- GPH 1‘}|t‘L' _ _ 42 42 -41|/; 41%-

Gell Mn _ ,_ 401'; -|07; 40% 407114* ’ LAX

Gd!! linb .. IIS SS 31% 311,0-

llous Oil . _ 31% _ 3‘ll,§`- f‘umrnt-ree

‘Hiul .\lo . _ lll‘,§ 1ll'/;- 1/J Montreal .. __ ._ i int Ilnrv 40-"ni 4l\’i'¢\-‘ Nora Scotlui.. .-- ‘, 314

'__ ___ ` i '£50

Quebec Power _ Shawllilgan -_ Steel of Canaila

llml Elec __

oyll _.

Market Re orts _ 1 , . 'raw ART iosras o Cop churiunufum _Efchangg Stock Exchange “_”

By 5 °~ ,

ts 1-¢-lit aimutnrivs.-1) ' ----

Correspondents of Grnnahieida & Co., _Montreal _ 5 ° ' °o|_.'-'__;1i1;i_|i..»u~|1_u§t,x1c11 _

1 Air lleduc 8l?'.'.i I I - (5 ,¢|.| ¢,

.tl vin-in _ .iiag ‘H10 ‘|11-.‘i|ili~l _

Can _ ..,l ll lilu | | r 1-uw .| :;.~y. :-‘_-»,.;|:i1=1;.|:i1_fx. A """ '

s nu ..\ :ui 13:1 | :i2'AI 3254, 'ret 'rel \i7raot,}17s55ii711'.,i111'9;.

‘/_

Johnston I Ward)

0p¢nytl|g11||.u\viI.ns¢ convention ot the Btate Branch of

»,_

s-ur

_ .¢ ..' ‘i i2\2 _ 210

relax moo nawasn

MFMPHI-§. Meir l'l_-Ml eu in the '~mu<uved-'mat this convention pm-

-nv, + vi Shree of u hwy chicken was brought tests the in Jurious tactics uf me *"4 ‘K here recently by E. J. Wildermuth, oi lumber interests of this nation to-

Ellendale, ifenn, The egg ls two ches long and one ‘rch in diameter, on President Hoover the necessity of The head, reyes, *nay hug “vw

arts ot a chick-~ at-e'r!ainly seen.

. UA. ' _ 12% 1'2‘.i1l2%` said the lumber interests of the

LABOR UPHOLDB

SOVIET LUMBEB

` PROVIDENCE, R. I., May 1'1...0,__

' represented by the delegates gf, me

5‘/A

144|

` i 1 ‘i 23 14% 1414 1:11/,.1 1:13.

‘ ini

i 'rl ‘ 1.1

the American Federation ot Labor. l'¢le¢i»ed a res/alu'1:m presented by the Newport Central Labor Union, which

` _ was, in intent, a project Esainst bar-

101111014 w_;,_` ,,,;._ fins the impvrtationct Russian ium-

28 28 20%! aw, bro and a. demand that the Soviet

' _ _ ~ \ “rg ,Y°P‘Ubli0 be reorganized by the Unit. 11 is in Wd M-

' _th The resolution, in its preamble,

luv,

12,/ nw United States and foreign countries 5-. _ii is flu |2214 are preventing the unloading ot lum. “W-23%’ 5;"-‘ ber from the Soviet Union in Provi-

. . I :Wm gg”/| dence harbor and that the makers of

“W NA the resolution doubt that working

N20 Vilzu conditions ln the Soviet lumber in~

‘ " duatry are any worse than those in

some ot the lumber camps of Ameri-

ca. 'It also declared that the react-

5:?

_Ein

32% §§

Ki!

lonary tactics of the lumber interests are causing los ol employment to workers here and also causing the Soviet Union to give huge orders to more friendly nations for machinery. i The resolutlon’s text was as tollows

in- ,ward their competitors and urge up-

all according fair and equal treatment

trade relations. .

smiled mb" M R'h°d° Isl°“d‘ “slhad been from “big money” inter te

es ~

John H Powers, chaliman oi the f*' _-_ _-___ -

~ ' | .

committee on resolutions, recommend] I -

ed non-concurrence. Powers said that . & C

until now the only agitation for al-' ' 0° lowing Russian lumber to be landed!! Correspondents of 3

Taming to the Newport. machinists" ° ' ummm he sm ,Dm M M Greenshlelds 8¢ Co. , yourselves about big orders for ms- Members of the Montreal Stock Exchange

chlnery. Germany can always uner- ,

sell this country on machinery, The _'__-

only reason Russia wants to buy our as 6"" 690799 SL: ch0Tl0ff€bI!/'ll mavhluery is because’ the Soviets J

W2-ht to flood this country wltli the.

machinery to foreign nations has

ing textile machinery to foreign cont

lit to our textile workers.

be here," he declared, “is one to de-

forbidden to do business in this V

The committees recommendation

the resolution reje_tsd by a voice vote.

RESUMING SCHOOL AFTER 27

lito all nations in our international

thiuzs they can make with it. selling f _ _ ____.,

ther interrupted education,

been a curse to American labor. sell- Hel' f°‘11’ Childfen. Aff-l1llt‘» ff' Mary, ing a spamng match. The mnclcr

Ellen and Dorothy, 19-year-old twins pro ceeded to first whip the hen, and

ries has surely not been ot any bene- and C'9°I`2€. 17. also aitem' -i '

~ versity, Besides her school work

count;-yy' ~ years. While teaching she mei: R.

Pryor, Nebraska unlversitv law sch

of non-concurrence was adopted and igmdilaife- PYYOY is DW Cali-IIB TOT i

__ 700 acre Pryor farm home.

_ GANDER KEEPS PEACE

AMONG BARNYARD pgwpiiended into Lake Michigan for a

A turkey hen cud rooster were hav.

'i~ then the rooster.

Mrs

_ii<.-_-<--

..The`re5o1uu0n that really should Pryor cares for her house and sees

that the four children are served NORTHWEST?-RN UNWERSWY `

mand the Amgorg Corporation in New three warm meals a day.

York (Russian trade agency) Shan be She attended Northwestern Unlve

sit 1.. 1903 und then taught for four EVANSTON- 111-- May 15- fU. Pli-

PLANS HUGE EXPANSION

I' H_ An $89,000,000 expansion program oo] (or orthwestem University was out he lined at s. recent banquet by Pres

ident Walter Dill Scott.

"Within the next lu years the Ev- anston campus probably will be ex-

quarter or a half miie, with a lagoor

YEARS l OAK GROVE, Ore., Ma y 17-A east ol the campus and beyond tht *--' gander refuses to allow any quarrel- lagoon a public park, landing ileld

LINCOLN, Nt-b.. May i7-Mrs. R. .ing or lighting among different fo ' H. Pryor. Lincoln. mother of lour`1n John Hoiiundw bumyura. chudfen Wh° left `-90001 37 WHS BSO ` 1tpic‘ out the aggremoi- lu a flock He also announced plans im es- io teach school is now enrolled at the of young turkey gobblers and gives tablishing a school for aeronautical University ot Nebraska complehng mm awnipptng

wls for airplanes and a ivoulevardf Scrlti

said.

I and radio instruction.

f/_ti -

>u.r

3 |8151 101%

-10 8*/1|

1107#

50 51.50

2?, triliuiloir of 10 p_c. of earnings remain-,

.00

00 85.50

10‘.’.2l1 104.00

Sllllw l'oW _ 4'/1 pc 1 DT..

1 .00 106.50 M

- ._ ~ curb arse:

"5 08.75

l 108.25

10`.’.`l§

102.00 10.1.10 10s.a\

days, 5 hours, consecutively, which nc-

soine of the mast noted oil men in var- ious parts oi’ the world. Bulk termin- als on the Unnxitlinn Atlantic cnasst are now in operation null fir:-it shipment occurred on opening of St. Lawrence navigation. Operation of these termin- nis should ellect aiihstantial saving in transportation costa. Respecting trade rslntonnhips a conservative policy is pursued in accounts receivable. and ‘lnst, year every ncrount_ good or doubtful. carried a reserve set up against lt, llr.

Irwin stated. -

Ma|\a¢omo|\t’l participation plan-

This proponal_ providing reward tor the benefits of directors and officers who have eontrlhuted to the eoinpauy's our-_ ceaa in a special degree. was nnnni-,~ niousiv npprovrd. Phu-_ provides for dis- y

,U ing after dominating ll '1.c. on outrtnnd-

\ lug honda, il pm. Aon preferred stock, and il pr- on average amount invested cap-

polel of' the plan net income will be amount shown hefora bond inirrest. de- preciation, had debts, and lnvome Tax

February lst, 1931.

The Montreal

7h (Special to Johnston R Ward)

Stocks 0n€n|HigliiLowiLast

00 Abnnu .__ 9 I W nriusu Ani 0|i .. 10% 10% 10% 10-is

10 10 01/.. 01/..

__ . iii I l

"0 Dis Corp-Bea _ __ \

50 Home (lil ... 60 60 55 56 ~_».-, lluperlal Oil _ ._ 12 il2‘/it T3 V5

ln Tobae il

-2': ltll. I'lllll|PB A ...I 30'/yl

Norrintln __ __ ‘_’!l I2!!

Slat-oo ._

\\'alkor, lllroni -

____._.__-_----

\1’RINUE OF WALES ) ENJOYED BRAZILIAN COFFEE

.50

-__- ip __ .9 int vm-uieuui . .. 1|1,=,|11\,l, 11\/.i 11%

. ,is | 1

all

'i CORONEL PROQOPIO, Parana, Brazil, May 15.-(U_P.)--Brazilian

5" codec made a hit with the Prince of

.Wales on his recent trip into the

-li’ Brazilian interior.

He drank 14 small cups of coilee ~°° on the journey between Sao Paulo

isnt. cones plantation ot the Col-

1‘ and Cambsra wherehe visited the Second Lawyer: No; but I have

Qt his

uuu cum ..i 21'/.4 zum ma, 2.14,- U G 1inpiiii‘30‘2iil’a\20"/¢-- 514 U s 1 situ .tools suv, :lou 110%- at U s steel ..\i0;:-11,1020, 10104, 101% -21/. vuu ste¢i_ -11141 41u| -toni ifliyu- 1,0

\\ nru B Lo _ v\ \ \ _‘sl iveut Elec ..\ o'.’~iu\ 02%; 01%| oi_\,q|- \\`ool Co . _‘_ 00 | 60 l 1k‘i'i'oi 0B‘7al" \\'ortii I' . .1 57 i or | 56%! - \` T Coach _i i

le rf 1 #$$s#

MCRAE IS RUMORED

AS SENATE LEADER

VANCOUVER, May 17.-The Van-

couver Sun in its news columns to-

day says:

"General A. D. McRae., according to latest suggestions from Ottawa might become a senator and again guide the election organization of av.- tlvitles oiythe Conservative .Party in the Dominion. General McRae would secure the Senate seat, according to the rumors, by Senator George M. Barnard vacating his post to become Lieutenant-Governor of British Cio~. umbia. This would also place the lead ership of the party in the upper House on General McRae.

“Party leaders here are being sound

ed out, it ls aiilrmed in Conservative circles. and the reaction is generally favorable, it is stated.

“Barring some such arrangement

General McRae might have to walt some time for a. vacancy, and high priests oi the party at Ottawa are keen to keep the successful organiz- er ln harness.

“Senator Barnard is a native son

of Victoria, B. C., who was elected to Ottawa in 1908 and again in lull. getting his appointment to the Sen- ate in 1917. His brother, Sir Frallk

istlllman Bamard, was Lieutenant

_ ___________.__.__--

First Lawyer: why do you feel vw! client will lose his case? Have you exhausted evefy means W-

exhausted all the means I disposal.

_ onel Antonio Barbosa.

` i

1t’s time to Re-Rooi-- See your

“Brantford” dealer

lla will show you rooting-

iraatnisata ot impressive beauty. He will toll you that Brantford, Roofs ara ilro-resistant; that "NY cost loss to bay, lass to lay

and nothing for repairs.

. a wana in 1 _ . - 001° ot aiu' n»l'»‘1'1'lf:1-:1h°1i:li'§°1\ lg; 1>i\‘ I

nut uuituus to your type uf

homo and its aorroundinol.

H will Ihllly

!8l|;lil o how to have a Brantforilloof laid

alma _ " . ,. -1-u-all-_ '€'»°,'.u.’_°1.“s'\.°'»2.._`1',°°u‘i '

save .tina and nooq.

it ' r, nfuuuqa cmim cu. mains ` an mr" t noun ouawak. it. a.

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_ A. E. Tonlloa, Boproasnistivo, 8 Kent Street, Charlottetown

For Sslb By

Governor from lill4 to 1919.

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WAR on VICTORY BONDS

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198

‘ you bought them-why did you buy them ? You bought them to help

Canada, and because you felt that they would _bc a good investment _ . _

You lent Canada your money and _ . _

_ _Canada has kept faith with you! You have

received your interest with unfailing regu- larity, and have seen the market value of your Bonds remain almost constant-yes, actually increase.

Y_ou know now that there is no better secur- ity than a Dominion of Canada Bond.

The- time has come to renew your investment by converting your Bonds into Bonds of the 1931 Loan; and so enioy your care»free, peace-of-mind 'investment for another fifteen and possibly twenty-live years. That, briefly, is the opportunity presented to you in this Conversion Loan. __

You might say, Why doesn’t the Government wait until my Bonds mature and let me con- vert them then? To do so would not be good

business or sound financing. Every country must plan ahead. And that is what your country is doing in offering this exchange now. No new money is being asked for.

Remember, you receive the interest (with tax exemption, if any) that you have been getting on your present Bonds until the date of their maturity. After that, you get income at the attractive rate of 4%% per annum for at least fifteen or maybe twenty-five years.

But there’s another and an urgent reason for converting now.

The success of this Loan should give a needed impetus to business. It will let Car, dians in particular and the world in gf ..n\i`_ see that our faith 'in Canada is unshaken and that the credit of Canada is as high as ever.

I f $250 000 000 but the Minister of Finance

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Conversion applications are invited to a tota 0 , , ,

the ri ht to increase or decrease this amount. Subscription lists will be closed on J

reserves g or before 23rd Ma , 1951. Boadholders who wish to avail themselves of this opportunity

for re-investment should therefore act without delay.

Bonds ofthe following issues are exchangeable for Bonds of the 1931 Con

version Loan:

WarI.om,......__.._......_......._.5% due lst October, 1951 Renewal Lom..._.._......._._._...\ 5}{% due lstNovember, 1932

l _ _ __ Victoryboan due 1stNovember, 1955

H Victory Loan ...__................._.5}{% due lst November, 1954

Your Bond Dealer, Broker or Bader will arrange /or lbs conversion of your Bands unrbout expense to yon.

DOMINION OF CANADA

1931 Conversion Loan

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