Will Meet Restaurant Ass’n. Members Over The Week-End

Page 10,TheGuardian Sat., May 24. 1953

C.N.R. Financial Outlook

penditures.

But its fixed cliarges of $37,- 000,000—mainly interest on Rov- ernment loans. government - held securities and bonds held b.\’ 1119 public--turned this into the lar-

00O of the 1957 deficit. About 511.- 000.000 of it is interest due on government loans, so it will mean only that the treasury does not collect this. The cash outlay on securities held by the public will be about $18,000,000.

lowed by the cabinet last month. Mr. G(J1‘(lI.Ill also threw out a sus- gestion to employees that they _should accept the C_NR'S Plan to assume sole discretion over how firemen are employed on frelgfli and yard diesel locomotives.

nglogy, the Cl\'R report said. there arises a need for accept- ance by einployees~—and_ the Pub- lic also——of the implication of the changes. ‘ _ “specifically, this Includes a

steam poerw steam power.

as diesels continue 5.

INEVITABLE 0PP0sn-‘ON _ _ The reference to public I reappraisal of traditional meth- ance was apparently min c

"lilac.

Mr. .John E. Coles. of Toronto will be in Charlottetown today and to morrow to meet mem- hers of the Canadian Restaurant Association here. it was an- nounced. yesterday.

The t.hird generation restaura- teur, Mr. Coles is the son of the late Walter H. Coles. who with his five sons operated Walter Coles and Sons Limited in Tor- onto from 1928 to 1941. Prior to 1928 the family was connected with the well-known firm of George Coles Limited. a special- ty food and catering business established in Toronto in 1847.

Mr. Coles joined Industrial Cafeterias where he gained

valuable experience in cafeteria I

management of defence operations.

In 1951 Mr. Coles became as- sociated with his present com- pany which operates Scott's Restaurants Limited, Food Ser- vice Management. and the re- maining units of the once fam- ous Bowles Lunch chain.

Mr. Coles has been an active supporter of the Canadian Res- taurant Association almost from its formation in 1944, and has served as President of the Toronto Branch, Regional Co- ordinator for the Province of Ontario, National Treasurer. and in 1958 was Chairman of the Na- tional Convention Committee.

plant

MIXED CLIMATE

While penpetual snow covers its alpine summits, palms, mag- nolias and lemon trees grow around Switzerland's Lake ..u- Iano.

MR. JOHN E. COLES

Called Cloudy; Deficit For I957 Reported 29 Million

OTTAWA (CP)—The Canadian National Railways, reporting a 1957 deficit of 529000.000, Thurs- day warned Parliament the fi- nancial future of the $3,000,000.- 000 government - owned enter- prise is cloudy.

Submitting its first deficit re- port since 1954 and its largest since 1949, the company com- plained of a “growing disparity" between costs and freight rate in- creases, less than a month after the cabinet disallowed in rate in- crease.

The annual statement signed by

I president Donald Gordon added

the immediate financial outlook for the CNR. is “overshadowed” by‘ current union demands which, -if implemented, ‘would give the company the biggest deficits in

KEPIPOCH BEACH HOTEL OPEN FOR: ’

O Banquets 0 Dances

during month of June

For reservations phone 5386 or 9721

0 Bridge parties v 0 Receptions

gest deficit since one of $42,000.- 000 in 1949.

1956 SURPLUS

fixed charges. Its last previous

its history’ deficit was one of $28,700,000 in

For 1957, the huge road came 1954 up with a nmdest Operating Sm.‘ While the federal treasury pays plus of $7,400,000 despite a drop off any CNR losses, it Wm not in revenues and record high ex- have to Day Out the 511“ 329-900"

spending.

New Dealer For . . .

QUAKER FUL-O-PEP FEEDS

Quaker Oats Co. Ltd. are pleased to announce Mr. E. S. MacGougan dealer for. Quaker Fu1-O- Pep Feeds in Kensington area and will be oper- ating business known as Delaneys Feed Service formerly operated by Mr. W. I. Delaney.

Mr. MacGougan is pleased to be able to re- tain the services of Mr. Delaney who is well known to farmers of this area.

If you have a feeding problem Mr. Mac- Gougan would be pleased to discuss it with you and asks for your continued patronage.

! Z}

Last year -revenues were $753.- 200,000, down $21,600,000 from 1956. Operating costs soared by In 1956, the CNR had 3 5111131115 $31,300,000 to $734,600,000. Taxes. of $26,000,000 after Paying 0” rents and miscellaneous other last week. The firemen Won 8 charges added $11,200,000 to the minor concession but eventually

Apart from implying ‘broadl:-2 to hire no more firemen for that his company could well have used its $8,000,000-a-year share of the freight rate increase disal- changes in transportation tech-

GREAT EIIAIIGELISTIC RA

Internationally known Evangelist

PRECIPITATED STRIKE

The diesel issue precipitated a three-day strike by the fire- men’s union on the CPR early

capitulated to the company’=s Plan

freight and yard diesel service.’ With competition and rapid

WITH

I Heart Searching Message

O Music That Thrills

ads and practices, the elimination of functionally duplicate facilities and operations and the abandon- ment of unprofitable services that can no longer be justified.

The “reappraisal of traditional methods and practices” obviously donment. referred to the firemen and also

house and repair shop employees what they portend. T

of Minneapolis, Minn. . “THE‘END on THE WORLD”

PIANO — ACCORDION — VOCAL

ROLLAWAY CLUB SUNDAY NIGHT, 3.00 P.M. FOR ALL PEOPLE OF ALL FAITHS

the fact that, when th

itably local opposition

to the fact that the railway will said the 1957 results are MCNIK need increasingly fewer round- ticularlar concern bang:

Radio and TV Musician

THE CHARLOTTETOWN JUNIOR CHAMBER OF COMMERCE

IN CO-OPERATION WITH THE JUNIOR CHAMBER OF COMMERCE OF CANADA ‘ IMPERIAL OIL LIMITED AND ALL CANADA INSURANCE FEDERATION

EENAGEsI=E

I I

PURPOSE;

O To emphasize importance of Safe-Driving 0 To awaken interest of teenagers in being

Safe Drivers.

“IMPERIAL OIL LTD.

Ch’town A

PC EOL

sTEwART MOTORS LTD.

Ch’town

P. E. I.

WALTER CARVER JR.

Parkdale

EusToN 5T,

83 Euston St,

P. E. I.

SERVICE STN.

Ch’town

TOM DAVIES TEXACO SERVICE STATION

Ch’town

I’. E. I.

FALL’S AUTO BODY

Weymouth St.

Ch’town.

WILL HOLD

'A cANADA.wIDE sAI=E DRIVING coNTEsT FOR TEEN-AGE BOYS AND GIRLs DESIGNED To GIVE YOUNG DRIVERS THE -PPORTUNITY I To DEMO-NSTRATE THEIR ABILITY To DRIVE SAFELY AND PROMOTE SAFE DRIVING IN THE COMMUNITY.

TODAY, SATURDAY, DIAY 24th At The

MARKET SQUARE

NEW CARS SUPPLIED BY THE FOLLOWING CAR DEALERS

GOODSPEEDS OF P.E.I. LTD.—Chevrolet, Oldsmobile, Cadillac STEWART MOTORS——Mercury, Meteor, Lincoln

ALLISON McLEOD—Pontiac, Buick

S. R. JOIINSTON—Ford - Edsel

w. G. BARBOUR Dodge - DeSoto

9 THIS PAGE SPONSORED BY THE FOLLOWING PUBLIC SPIRITED FIRMS O

GRAFTON ST. SERVICE STN.

Grafton St.

DOUGLAS BROS. & JONES LTD.

Ch’town

Ch’town P. E. I.

W. G. BARBOUR

Ch’town

P. E. I.

BELVEDERE ESSO SERVICE

St. Peters Rd. ' P_ E, 1,

MURPHY’S SERVICE STN.

Ch’town

NELSON’S SERVICE STN.

Grafton St. East,

CANADIAN TIRE CORP.

96 QUEER St. Ch’town

P. E. I.

Ch’town

ROBINSONS SUPPLIES LTD. Ch’town P. E. 1.

EASTERN AUTO SUPPLY

Great George St.

A. H. ROPER - ESSO

Service Station

Ch’town

SPENCE AND MacLEOD

AUTO BODY WORKS

39 Eden St.

CITY OF CHARLOTTETOWN E1)\\'l.\' (‘. .lOH.\'b"1‘().\‘

Chianti M..\.1'0B

METROPOLITAN STORES

Where The Dollar Buys More Queen St. Ch’town

LePAGE SHOE STORE

The Home of Good Shoes Since 1920 Grafton St. Ch’town

THE FASHION SHOPPE

Great George St. Ch’town

DeBLOIS BROS.

Queen St. Ch’town

ALLISON MCICLEOD LTD.

Cumberland St. Ch’town

H. M. SIMPSON LTD.

Great George St. Clyiw-_.,

0 Large number of Prizes and Trophies Iv; competition.

IVING .

AWARDS

nvcfll

. Local winner is transported to regional competltiol in Halifax, N.S. ’

. Retional win_ners proceed to Medicine Hat. Alberta. I0! Dominion Finals where scholarships are awarded.

R. T. HOLMAN

Summerside Charlottetown

SCANTLEBURY SIGNS

Kent St. Ch’town

DON’S SERVICE STATION

Grafton St. East Ch’town

H. C. ATKINSON GROCETERIA

Grafton St. Ch’town

ZAKEM’S GROCERY

Z66 Grafton St. Ch’town

TANTON’S ACCESSORIES LTD.

152 Léreat George St, Ch’town

this [D wants to drop a branch hem

is losing money through lack patrongge, there is almost in to ab Looking to the future, the

that

Ev. in.

III