3-. K LII
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IUILT-UP ROOPINO MATERIALS
CUT FUEI. COSTS
I WITH BlSCO'S
ROCKWOOI.
ore yoar 'restnd eotnlert,
too, when you insuleto with Ii8CO'! Floors Line Rock Wool. Healthier bo- seuse It reduces drafts, pro- motes comfortable sleep; eanita , vermin and moisture- proei. Dives protection against spread of Ire. Laete as long as your hetsse- no maintenance ner replace- ment costs. Adds to your home's value. Applied in I few hours by blower bo- tweon selling lolste and by Iotts in-wail sldlngs. See your local IISCO dealer er applicator-insist on lleeee Line, the tested Rock Wool.
Manufacturers of
ASPHALTSHINGLES I SIDINGS Blends and Solid Colours
ROLL ROOFINGS Arohoif and Tarred
SIIEATI-IINOS I FELTS
See your DISCO dealer nowl
"IISCO" WALLBOARDS Triplex - Oroen Ieard Iurley Board - Iurley Tllo PLASTIC CEMENTS I WATERPROOFING PAINTS ROOF COATINGS "FLEECE LIN!" ROCK WOOL INSULATION "MICAFII." Aggregates Ier Plaster, Concrete and Insulation
BISHOP ASPHALT PAPERS LTD. Plant-. ui
PORTNEUF STATION P 0., TORONTO and LONDON, ONT Wmchauu-5 and Ilruncinzx
QUEBEC,PQ. - MONTREAL. P.O. I TORONTO, ONT
ROGERS HARDWARE CO. LTD.
Queen St. Phone 105
FENNELL & CHANDLER LTD.
155 Q"9?'l St. Phones 87-88
to Enioy MODERN PLUMBING
e For only 854.30 you eon replete your old inadequate silk with he "stewardess" having oomntodioes basin and droinbeord, smart and gleaming In acid-resisting enamel. 3I0.Cd dawn puts it in your kitchen; Iheroottor, only 87.42 tor sis months. O
0 AI Natures Iar a completely modern bathroom can be purchased ior as Ittle as 3iA0.00 . . . 579.00 down and oety Si9.i 5 for six months.
MAIN'S BUDGET PLAN is the answer
EADY AND ANXIOUS to enioy the sanitation and convenience at R sparkling plumbing fixtures, the carefree corniort of central heating, the blessing of running water . . . but Itesitating became oi the immediate outlay!
Then why not satisfy yourself NOW, THE EASY WAY. Moin's Budget Plan, actually costing less than bank interest rates, will bring you anything Iron! a kitchen sink to the material tor a corn- piete home, payable in from 6 to 24 months. Coupled IVIIIII Main s genuine wholesale price economies, 3036 less than you d normally pay, it's the best proposal that Itornn builders or rsnovators have ever been ottered. Use the coupon to investigate.
Selection It Simple . . . use
THIS FREE CATALOGUE
50- Cat I Que showing complete line for HD- ctmi,-” Tam-o:m?, I;e:ttinp”"tIftd oonitvrolemtzmge. wg Q , gig, 1. V1! 03 G I- .::riu'...ePxruytIn::yw MI:3...isyeunTUIDI asking. Wholesale price list is Included to show you your extremely low cost.
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NAME CTRIT or E0. IOX. ,
N
out or TOWN...................... ....................................
Britain And France Slash
Interest On
(I! Mania Oodrrev)
IDNDON, (AP) - Britain and France opened bank vaults a bit wider to their business men Thursday to arm them in the fight for world markets.
in a move brimming wiht con-
fidence in Britain's present fl- nanclal stats, Richard Butler. chanceuor of the exchoquer.
slashed the bank rate from 4 to 8 ll! per cent.
Across the channel the nation- alised Bank or France, which sets the pace ct French financial ac- tivity and Insurer most loans made by other French banks, fol- lowed with a similar cut from 4 to 3 V2 per cent.
This means:
1. Money-that is the British pound sterling and the French franc--is cheaper and easier to get at.
2. Manufacturers who want to borrow cash from banks to ex- pand their plants, buy new mach- inery and make other invest- ments will now pay a lower in-
terest rate, which will permit them to sell their products at lower prices.
Means Cheaper Goods
The cut means cheaper goods both at home and in the export markets, where every penny on the price tag is important.
What the British treasury did. in banking language, is to cut.h,.V half of one per cent the mini- mum rate at which the Bank of England will discount approved bills of exchange.
The British industrialist. 0? private householder. will have to pay less interest on the money he borrows. All money deals in Britain are ultimately pegged to the bank rate.
Bank loans for newlyweds to
-.
-smart"
THE cuanman. CHARLOTTETOWN
Bank Loans
six per cent. The French cut is part of a program by Finance Minister Edgar Fsure to pump fresh blood into the nation's eco- nomy.
The stock market reaction was swift and favorable. British gov- ernment bonds jumped as much as 30 shillings and industrials shares quickly followed.
A Bank of England spokesman said that, while the new rate does not mean any subltantial change in the tight money policy of the last 18 months, "it is hop- ed it will stimulate production
for exports at competitive prices."
.TabIeiTop
by Eden Plsillpotta
' JANE RECOVEILB
Jane was quickly out of her trouble, for horror brought un- consciousness and she fainted. while Tom, armed only with his spade, leapt. into the path oi the advancing monster and felt. the strands of its web tightening about his legs as he did so. He liited the spade and prepared to make r. fight but knew it must be fruiilesn, for the creature towered high above him and its hairy legs were as thick as his body.
"Get back, you devil!" he bewi- ed, hoping that his voice might frighten it; but the spider came on --near enough for him to see its poison fangs, like long daggers be- neath its eyes.
hand tighten upon his presently. and he saw that her eyes had opened. " There canto r. great spider. and sat down beside her: " said Jane. "Did everybody escape?" "Everybody. We shall again now." They were alone in her cabin and when she begged ior food and drink, Tom shouted to the others, who were in the saloon. "She's all rightl She's hungry and thirsty! Fetch some grub quickly, Angus." They eat round her and told of her escape while Aylmer related the story and gave Pardo the praise. . "I went for the brute and was hard and fast. in his web up to my knees with nothing but a shovel to tight him. Our numbers were up all right, Jane, if it hadn't been for Felice. You were clean to the world and I was glad you'd gone out and wouldn't wake again. And I' was too much in a rage to be frighten- ed for the minute. The monster would have bagged e. brace in ten seconds: but this sportsman bag- ged him-shot him dead. The only one with a gun. If he'd gone ahead instead of Angus, We were for it. And I should have deserved it for being such a fool." "It's hard to think we all forgot the nutomatics," said Jane. "Was it really a spider? I just saw enough to make me think it might be be- fore I went off." "A spider all right, but nearly as big as an elephant." Jane took food and drank some red wine. "I thank you dearly. Fence," .-he said. "You've saved two lives to-day
breathe
and the thought of you will be -precious to in Ice ever.”
"Anybody could have done it. Jane. I'm glad. for now I know why I always carried my little revolver. I was made to do it because to-day was coming."
"I wonder. rd like to think so. Then it was one of these killed poor Benny? But why didn't he shoot it."
"A thousand things might have happened. His revolver might have missed fire, or, while he was plod- ding up the gorge with his bag and his spade. one of these creatures may have spotted" him and stalked him from behind. Nothing so silent as a spider. But once it bit, wheth- or he fired or not. he must. have been done for."
"Was he going or coming do you think?"
"He was going." said !'blioe. "He was on his way up the cleft. What Angus saw proves that." a "What did you see, Angus?" asked Jane.
WHAT ANGUS SAW
"I saw those grey ropes run a- cross the path for one thing and jumped over them, but had no no- tion what they were. Then I got to the turn and felt a blast of hot air that nearly took my breath. It's like an oven when the geyser spouts, but it wasn't spouting wat- er all the time. It made a most in- iemal noise, and fire and smoke came up once, then a boiling gust of water again. It's a foul hole; but ten yards from the spout I saw what could only have been put there by man. And that's Benny's cache - a little cairn of piled stones-neat and trim and two feet high."
To be continued
back
Then sounded a sudden explo- sion waking violent echoes. while
another quickly followed it. Pardn was not unarmed. He carried a small ; revolver always, in a pocket underi
setup housekeeping, deposit rates, mortgages, building finance com-
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SUGAR,'IOIbs. ................... 89: BROKEN PEKOE TEA.Ib. 59: COFFEE. Tlb. bag 51.05 CARNATION MILK, 6tins.......... 89:
HEINZ VINEGAR. gal. 95:
pany rates are all expected to he cut, in line with the treasury move.
A spokesman for the British National Union of Manufacturers welcomed the move, saying:
"it will facilitate additional in- vestment for the expansion of industry. it should increase Bri- tain's productive power in foreign merkkets and make for cheaper goods at home."
Gor'i; satisfaction
The cut reflects the Churchill government's satisfaction with re- suits of a "scarce money" policy it adopted upon taking over con- trol of the country from the Labor party in October, 1951.
The bank rate, then two per cent, was immediately increased to 2 U2 per cent as an interim measure to ward 0!! "HHUDMI bankruptcy," Churchill said then. six weeks later it rocketed to
his leit armpit: but he had never told his friends of this ancient habit for fear of -their ridicule. Now he had drawn it and fired twice into the bulk of the gigantic in- sect, killing it instantly. It died as spiders do, curled over and con- tracted its eight legs about its body. Its eyes went out; it quivered for a few moments in every huge limb, then moved no more, ,
5”” cnarrrm xx Continued
"God bless you, Felice!" was all that Tom could say. He shock and! showed himself unmanned, but' Pardo revealed no loss of nerve., He took his knife. cut. Aylmer loose and then hastened to Jane while' Tom followed him. At. the same moment Angus returned full of his own excitement. He had not heardi
four per cent as part of the Con- servative-s' plan to squeeze out inflation.
The four per cent bank rate instituted by the Churchill rag- ime is by no means the highest ever charged in this country. Aug. 1, 1914, at the eve of the First World War, the rate was 10 per cent. It settled at two per cent Oct. 28, 1939. France's high in was in 1937, when the rate was
U. S. Air Force Cancels Orders for let Engines
the shots for the din of the gey- ser had drowned them.
"I-i.'s here!" he shouted. "A little cairn alongside the hot-spring, but the furnaces an the ship are a fool to the heat. in there. How we're go- ing to dig-"
He stopped and spider.
"Talk afterwards.
saw the deedi Help Tom,"
recent. yearsisaid Pardo. "We must. get Jane back
to the boat first. Carry her between you and I'll watch out." i
The girl Wits still unconscious. and while her sweetheart and An- gus brought her back to the shore. Felice followed, his eyes to the right. and left. I
Tom held fainting Jane in his lap while the others pulled as hard as they might for the ship. She breathed faintly, but her face was white under her tan and as yet
WABI-IINCVTONZ (AP)-Air Sec- retary Talbott. said Wednesday the United States Air Force will can- cel production of several thousand jets and other aircraft engines with a possible saving of s400,000,- 000 to sb00,000,000.
Talbott. and Defence secretary Wilson told a press conference the cancellation would "not affect the production of one single plane" in the planned build up of the air force to its wings by 1956.
The engines are not needed, they said, for these reasons:
1. A much greater time between overhauls now is being realized from Jet. engines. This results from 'aocumulated know-how" in opera- tion of jet. engines, improved de- sign snd increased maintenance capability.
2. Attrition rates have decreased. "Our accident rate has been grad- ually decreasing," Talbott said, "and we consequently have re- quirements for fewer engines."
she showed no signs of returning consciousness.
It was typical of the sensitive .Peruvian that his first act was to ,expiain the accident responsible for saving the lovers. ,
"You chap: will laugh at me." he said quietly, "but I've carried 'this little toy under my armpit for 10 years. some ancestral instinct perhaps."
"Thank God for that then," said Maine.
Felice was apparently in the best of spirits, but he restrained his cheerfulness before Tom. who be- came very haggard and anxious as they reached the Iguana.
They carried unconscious Jane up the little companion ladder and Angus fetched the cook. who was the ships doctor and declared to be a very skilled physician. He tended Jane without ceremony. de- clared that she was only in it heavy faint. and told them that she would soon come to her senses and be not much the worse.
He spoke truly. for Tom felt her
I,” ,
TURN YOUR OLD
TRADE TODAY.
BIIYENTON &
I87 OI.
TIRES INTO MONEY.
Tn-csi o CHAMPIONS
Essykutigsi Terms ,
ALLOWANCE
- PIRESTONI
MACKAY CO.
Geo.. St.
a'r LESS THAN cosr-wr. NEED sracn ALSO
and Joe Shirts and heavy Caps, Dress Shoes, llcavy
piete line of Rubber Children's Shoes.
Wool Jackets and Pants.
MONEY. About 100 gallons International Paint-Clearing at er cal. ....................................... .. 553.95 140 gals. of Abbott at, per gal 532.95 60 gals. in odd lots, per gal. .1".1.95
Arriving daily are new stocks In our full line of Wool and Fleece-lined Underwear. Sweaters, .Doe-skin
zip-in Top Coats, Wool-lined Hunting Coats
Wool Pants, 0'coats, and and
Work Boots and a com- Foot Wear. Also Ladics' and
Also new and used Navy, Army and Airforcc
SUPER SUDS. Zpkgs. 69:: PICKLING ONIONS. IOIbs. 39: GRAPEFRUIT. 3 for 25: BACKBACON,Ib.................69:
'SLICED BACON. Ib. 79:
JELL-O. 3pItgs...................29: BOLOGNA. lb....................35c WIENERS. lb. 39:
seeeoO'0'DO'V'OOteeeeetI'
K & R STORE
Richmond Street
MICHAELS GROCERY
LONGWORTH AVENUE
I.adies' Gabardine skirts, :0 green, black, navy, red and
blue, rose, turquoise, and
Ladies' sub-standard vest a white and tea rose,
Women's sub-standard wool color rose-beige, sizes 9 V2
Ladies' sub-standard nylons,
Boys' plaid doeskin shirts
sizes 24 to 34, each ..
IcyI' crew neck pullover s sizes 26 to 34 ..
Boys' plain doeskln shirts sites 12 to 14
sizes 26 to 36 .............. ..
LAiiIES' DEPARTMENT
New foil cotton house dresses, in a large variety of patterns, sizes 12 to 44 .................. ..
ladies' ail wool coat sweaters, fancy stitch, colors light
sizes 14 to 20, special nlir .................................... ..
sizes S. M. L. 05, each ...................................... ..
sizes 8 i”2 to ii, pr. . ........................................ ..
BOYS' DEPARTMENT
- Eoys' heavy jumbo knit pullover sweaters, sizes 32 and 34 only .............
6 to T6
Boys' fleece lined combinations,
Boys' heavyweight overalls, ' sites 24 to 34 .. ..
Ioys' heavyweight dunqarees, I
Ioys' Tweed Pants, colors, grey, navy and brown, sizes 24-
Boys' Plain and Plaid Work Shirts, sizes 12 to T3 I-2 ................................. ...... ..
. PMGDRE E-'M9.LEOD'i'L"lLL'.il
2.98 i::y, sizes 12 to 20....2 '-95
green,
3.19
nci snuggles, 1595 wool, colors
89:: 1 .35 95c
and cotton hose, to II, pr. .............. ..
light shades,
1.955
eater,
....... 2.75 3.25 .. 4.75
to 36
89c
IN OUR BASEMENT DEPARTMENTS
MEN'S DEPART.MENT
Men's zip overalls, sizes 36 io,44 .................................................. .. 4 I50 Men's fleece combinations,
sizes 36 to 46 ......................... ..... .... .... .. ......... 2.25
4.50 l;";:::,':::::;:;”i:' ............................ ......... 5.25 3.75
2.95 Men's cardigan sweaters, colors grey, brown,
blue, sizes 36 to 44 ............ .., ......................... .. .”.i.Z'l'I.i.”".T2'Il.”'?fT.'2"i ....... .. 3-95
CHILDREN'S DEPARTMENT
Children's all wool coat sweaters, fancy stitch, colors red, navy, blue, wine and green, 2 e
sizes 3 to 14; each ............................ 49:
Children's ilanneiette pyiarnas, colors. blue; pink and allow, with contrasting trim Y ' 2.75
sizes 8 to 14 pr. 2.50 each
Men's fleece shim and drawers, sizes 36 to 46 ..
Men's all wool lumbo coat sweaters, sizes 36 to 44 ................... ........................... ..
Men's 7 V4 oz sonlorlxed shrunk dungarees, sizes 30 lo 40 .................................................... ..
Men's fell hats, colors grey, brown, navy and fawn, sizes 6 5'8 to 7 V2 .................................. ..
Children's find ribbed cotton stockings, colors beige, sizes 6 to 9 V2, pr.
r
Children's all wool coat sweaters, assorted patterns and colors, sizes 2 to 6 each
'Childron's all wool pullover sweotdrs, assorted patterns -and colors, sises 2 to 6,