Fire t. Fire!

are your valuables and a ' s?‘ 1i‘ your

_ house burned. their lots would gull: you incorr-

v ‘erlc and fi cial lode. Keep them in an Eastern

m fety deposit: box, d enjoy the iisuririce thitl they are perfectly a‘ e‘. Charge: moderate.

‘ rite - - 'i“"“éi‘..'.l..¥""°'

. . i 42 Y A > ‘Iyearly production was 9.689 pounds, _ E LmRARY mo! or in iiiereeue et coo pounds} . ‘ _ *- r u: . Tn 1 d t - ii",‘ii'i'--"*"i“ 1"") :11 uTelilili llorgnii ilzutelie lhirili q P§°~';-'i;7§i~b§"_ emu o! n. o. r. work only the beati Wm" ._ “'1,- m???" 0 Pr“! ere t hltbtd in th" m" ‘i lhKFJiQI-‘h 110550111, W50 last. geriedw mozry dsfrymt; ‘iverteii h" M's wit-romeo volumes rifl- ruuuiug thtir entire herd. ind hi; der his. care, is. to retire on il- spltc of this charlie the average iii-i That say-hill oath biflihflld-vlwi crease of coo potidds will ah uehler-e.‘ "l" hand 0v" lohlli illrcrurora the i merit worth all the trouble involved. 0105i- lmlolns library in the woi-lo- Puesibly‘ the "molt strikiril hovel-ii l library worth uiilllons o_t dollars, iri this record weer 5y ‘breech I'm .810 before he sou he will edit the} been mills by theilolslelne. Dllfil! 11"" stttlm or the how reteloeue ithe first. live mr period the dverag. °i "mum" "W".- Thi! Qliliillil! production per ww was 12,15‘! pounds»

$1». ' "1’ .

E; 0. N, BISBIITT, tlhnlign (‘Ilirloliétorrn Bristol

l‘..-

Invest With Safety in Our Guaranteed investment Certificates

These Investment Certificates, drawn ior one, two a: three years, Are mere absolutely secure by_

(ll

The Capital and Reserve Fund oi this ilorporation amounting to $l.l00,000.00.

(2) “Trustee Securities“ In which all funds are Invested.

Our’ guarantee as to payment of Interest and re- pllyriierrmol capital when these illl dire. Not one dollar invested In these certificates has ever been Ins .

t3)

Intcrcst 5 per ucnt pcr allnurn [laid lly cheque ‘lull-yearly

—-l June and i tlcc. ,

Iutcresl at 4i‘, per cunt pcr anrrum on Guaranteed invest- ment Certificates payable on dttflaild.

The Growth oi this Company slur-c incorporation Estates Held in TflISL ' . i893 “...-...... . .... . ..... . S 41.860110 I903 . . l.938.94Z.52 1014 . 12.913.180.32 1918 2Z,Ii'42,13§.39 r921 ammonium 1021 .. 35.5 15.10.35 192B . . . . QZflZJ 17-23

rein ‘not. u... Uhdér Admi nistratioii flaccid iisliotohooiih

THE EASTERN TRUST co.

Established Iss8

(JANADATS SECOND OLDEST TRUST GO. CIIARLOTTETOIVN orrlcs-isl Iircllluoah stiller-rt‘

New IIII’

‘ been at the museum," w. sharp

when oompletcd will coaiprlsi 100"

volumes vol 500 we. shah, 1g miy.

tare twelve years to complete. _ “For torty~two years flow I have

eeiil. “About mt; yell-e slo there’; were just over 1.000.000 bot-its therti NOW there are well over 3,000,000?‘ uric forty-six miles o! elrelvéd. i "we have i special duslrtrig gang o! about forty err-service area who. 60y Iii/fir i101’. so rounrr dilstlnd.‘ dusting. Publications pour in at in appalling pace. Lest year we receiv- etl 33.821 books alld pamphlets; chats serials and parts of volumes; M01 maps. 101m plcccs of lhusié dfid

lcoadss newspapers. - -

"Within a month or publiestluh elery book ha! to be sent t6 ‘r11 Yes. we have every “penny dreadful" and an enormous coliécizion of luvcli- ile detectives} and other adventurers. Little boys with ‘a liking tor llirifl‘ Ficraillre would revel in it. v _

“Then there are the banned books These have to be scht to us’. toe. but there is t special department _fl'l which they iii-e locked the treasurer i make them uviilleble to the ptibllc.

"Our earliest more tire fifteenth century block books, printed on ii

‘Solid block, Before thi Invention oi

movable iypc. Tliéy generally con-i sisl. oi prayers and réhgious‘ subjects. ‘ And we have the very latest. work of ‘ the most. up to dale writers. tooflfliere are books in all languages. éxcept_ tile Oriental, and so we have cit-l pcrts working on the new catalogue. i “Famous men and scholars or all ‘ nationalities have come to the mus- eum. Carlyle was one, and it. was‘ largely due to some nasty remarks i he made about tire inadequate accomi l oriation ‘in the old reading room that y the new one was instituted. We have . made the reading room lnbre useful, by chdcllmating the idle“ reader. Novels are not allowed tub: road ‘ until iivfyears after publicatmn, ex- ; ccpt for special reason, and so novel v lovers. who once occupied seals. wanted by genuine stlrdenlA‘, are re- striated. ‘ “Perhaps the most, striking flgurei

‘Canadian Pacific Ralllvay , 5 p. c. Collateral Trust Bonds ' '

é ., l Duc- December l, 1954 . " Price: 100 and interest

Denominations‘: $1,000, $500. _ ,

‘Ar we bclievc that this imuc will be

taken up quickly we would suggest that

you place your order with us "promptly by wire or telephone.

Eastern Securities Company Ltd.

“fill. V. DUNBAII, Manager

1 remember in the museuiil was sum- uei Butler who came constantly. l-le was a gentle, kindly-looking, elderly mall. and his favorite book was the - one which was just the right sire to - rest ills writing pad on. He wrote l J

uhost amusing essay on it when the

btol: was‘ taken uwayJothei- feln-, oils figures were Kori Marx, Prince Kropotkin Trotsky, Bergsorl, Lenin research) and many more (when d Russian refugee, engaged on

“Falilous aflierrf of ‘todlll "9 sometimes found in the reading room , but the tendency how is to eerie r i secretary instead to look thiflll "ll About. B00 people daily udé the read- lrig '

Progress

‘ cludlnfl 305 day records, was 14,00!

mill: Ind 401 pounds m, while" the‘ dverlge during the last five years in-

pounds milk and 4B5 poiriidi fit. ‘lhc hlihesc record tor the breed lu riioa or the ihltul year was 11,540 pounds of milk and 430 pounds fat. Accord- ing to the last official report we have at préstirit" In Canada twenty-five cows that have produced ovér 1000, pounds‘ of fat in one year dnd over- a‘ dozen cows that have milked over 30.000 pounds Irlilk in one ycar. The lop record is over 34.500 pounds 0t inilk slid llle ieadilll flit reeorii 1.304 pounds. In all,.wé have 185 records

or over 1000 pounds or butter per comm“ °i ‘mm ‘Moved by Ralph Sllliplrallt, ecc- quartgyg of g yon of butter, m. We,‘ untied by S. F. Doyle. that. in lilc

seyentgen (on, M m!“ “om ‘me cow. event oi the first sccllon ending in a tie, the games of lhc second sec-

tion be played according l0 schedule and should the second section also

per year. Think or it, over tllreei

hr a yell‘. Thus from a surveyor the above records our pure bred cows have de-,

nun-malted the“. ‘yonder-ml poseibmj end in a tie, tllcll llolllo and ironic. ‘ranles, goals to count. be played lo‘

championship of ilreague‘ the place of lhc first game

ties. but where are our commercial?’ ‘decide the

or grade herds. They have not kept step in this gredt revises in production, The [general average is so 10w that the proiit from dill-yin; 115,5 almost vanished. With proper attention to bffidifli And idédilifl tllQ herd aver. BBO in ruiiiiy districts could be raised’ from My I00 to 1.000 pounds or mine bel- cow, ind with the same ovcrlicod expense. profits would be such as to Put dflifyih! ill the profit column. Record 0i Performance work ha: taught i wonderful lesson. It has slldiilrl Milt his been tiorie and what can be done in pure bred herds, The task that now lies before iii»

- is w rtliort this perrorn-ituee ui eu-

grade herds throughout. the lengi‘ Ind breadth of this ialr land. A] parties interested in the advancellm: of our country should not only l) boosters oi cow testing work, but u, 1115100010 Ponder‘ the truths contain- éd iii the llrové dnd we each slroulil "lfilvé to "to thou and d» likewise."

Pa En [Sland ' ' Hockey

"me lnriual meeting oi lire Prllicc Edward Island Hockey League was held in the ollloes o! bless-rs. Slew- art and lcwls, Sulnmcrslde on Thursday night. In the absence oi’ the Ylusldent, Mr. B. W. Robinson the vies President, lvlr. c. 1:>. srewl art, occupied the chair. The meeting was called to ordcr by the secretary and the minutes of the last annual meeting reiio and Adopted, Tile fill- arlcial report showed a credit bal- lliiee or teoc. The election or oific- er! Wla" then proceeded with as lol- loit-sz-Presideht, b. u. Stewart. Charlottetown. rilovdd by S. F. Doyle eecollrldfl by Ralph Sililpliant; Vlcc bresiderit, Ralph Silllphant, Sum- mar-side moved rby D. 0. Elohim. seconded by Lloyd Gallant; Scorc-

ltsryvrrcaourer, W. A. Smith. Char-i

2-21-11

gard to tic games will govern. these’ play oils belilg placed oil the same ivuilll; as play off 531110;. with will- Leagues.

oouglgolils

We“ Wish

~ To Announce

' Removal To New Offices

-—At—— ' ' J39 Grafton Street, Charlottetown

Monday December 23rd. . g j

l

t“ i“: rléilirivli ‘of. crcil; of lhc ri

hClIDllLi gillllCs.

Cl'ill])i('il\ill o.’ IilC

‘ilcille and ‘iioillc goals

‘should cam of zirc

the llle place 0i till: first

decided by lues.

gaille

CIIARLOTTI-JTOWN vi . sr. JOHN MONTREAL HALIFAX ‘ MorwroN SIJMMERSIDE ritliuliitlcroa

f6

A T ',JIMM1E’S y; REAL SHOESHIN 1- I AND TOBACCO STORE

N!!! cllryllll itlil lihb 0i Uhristmls stock, Tobacco, all binds, Pipes with and without cases, dlflerent brands oi’ Cigars-Ben's, Simon's and Ovtdo, s; well as s comnlrifi ’; iioék of. i srettes, Cigarette Lighters and Tobacco Pouches. whey’: Chocolate; are also 0n display.

a

iloilelov 11, moi-ed by s. r‘. Doyle, sc-

iebriuerl by helph silllphirit; hieui-

ic" 5- “uuumm lbcr o1 the executive for Crystal Blmlémml m“ ""°'"’y "m ‘mlnoeirey club. n. o. Stewart tho s. U10 538mm °i "Mmbncpmg w” m] F. Doyle, representative tor the Al»,

aururfittd W W" ~F°d°'*‘ G°'°"“'~tgwelt Club. ,

p, Malls lllt

' hflolumbl . “extras

llt quash critter

11111; MARKEIQS

(Cailadlln rreai OITAWA, 0th., bee. i1.-*l'he nitr- Ket on fresh eggs is generally easy.

v but no prion red time of any import-

4 "llflte have been retarded.

Tomnror-Jlhli‘ loeti egg mutter

i! unchanged with fresh supplies easy ,. 0M liorlgb stacks iii-m. \Brii.iah gs er selling on spot st i fir: 50; puller. extru

I ‘l

vrrs (tnsfifib All!‘ GLAFII‘,

J . nun - - n.

_ll_l :treet

e-‘te-n...‘ \

olooovoobiolo-ozi

PHONE 1185.

4440. The poultry market i5 un- chtliged, turkeys are selling freely but visible supplies are large.

MONTREAIn-ftccoipts on our herc today were 954 cdses as compar- ed to 3,784 ones last year. The ell market is steady with e iirm who lo rtorqe prices. Storagl_eggs ire 110w selling to retailers at olltrss 45: firstl 41; seconds 30.

8f‘. JOHNi-The slverc wisther here and short aupplils have dauecd a very‘lirm feeling on freshwfls on this market and lrel neccslltated bringing in some smlll shipment: from Montreal: at the same time par- ing prices are beinl reduced it! lint with reduction ' in other mlrkltll Deniers are new miotins M0"! shipper-e extras N100: time 40-00;

' iiebriai tz-ss.

merit with the help of the different.

cheese inproduction. and a gradual retllzalion of the poulbllitlel 0i the dairy cow. '

years, and llr that time comparatively short. in the history ct any breed or In the rile of a live stock policy. "g1 progress has been reristiered h‘! many or the dairy ttahlebor this coufitry. ‘

There is no wily lritowri by wirlch one oeh dour-mine thfl rm that hi1 beeu iioue to commercial heriir throulh the use oi sires from wired- daml. lhd by eelectirig, for founda- tion breedini cinch, female progeny or relltdvu dt lniiiills when actual worth his been determined by the wellh lcslel 40d the llsliooea meter.

Not 10h] no one or our ludinl agricultural protector: made a lurvey or the work dflle in the n. O. P. branch iiurinl the first twenty yell-s. and till results at! meted lirilinl.

mun: the met live year period and then mature s coitlplrilfln with thr list live yell- period, itr was round the: with one breed. that dur- ing the first entice only silty-rive con nullified and that the avenge promotion or all alum tee sets we: 1,10! potion or mill per my per year but tlllt curiae the rut rive yeti-eei-loethuimnneeiiidue em or om revur timer thl.fll|t\\~ bur qualified-another. the avid‘

breed associations, and what has been, m. u“ “mg M m! uuug,_ eewmrli-bhtd 1i B "Yul" ‘w’? °i “'1 lst. section: Jlrruary 8rd, 'll.h, iorri

The following dates were selected l land mil. 2nd. section; January 11th:

i

21st‘ 14th. Ind 28.11. January 31st, was iclt open for,

Rccvrd 0t """-'m""° I'm" ‘mituy puiirpo r lame. February 4th., beth in. vifirlim" W“ i"°°ii"°“'i was selected as the riate of the are, ._plly of! between sectional winlleiiii‘

and February l1lh., for the other play 0t! |anle. Then two lut men- tioned [Intel to be home and home flames with goals to count for the championtllip 0i the Lelguc, lhc piece b! the first lame to be declu 0d later br a toll between the op- posihg mums. The dale: o1 the play o3 games may be moved 0a if re- quired by any later change made in the above achedule.

l i I

a IISOLUTIONS i v I

Movld by l. F. Doyle and second-i ell by n. o. sitvmrt, that iri the; event oi either olub wanting a lame \ withbutside teams that would con- , iiiet with the scheduled League hm“. M. itllt two days‘ notice. must It iivtn by the secretary or; the club wishing the eame to thej bteretery or the odier club oi their i intuition to postpone any certain

v llltl limb, and thtl. in such’

the Utjue gems be moved on

to the MM 0| the next scheduled llllit. "

Moved by Itniplt lliliphiiht. sec-l ondtd _by.e. r. Doyle that 1h re-. sud than. Lenin's ' " ' pity.

vfilillitw

lLLI-I-Aurllluinre-

i'J...:I _ull<i in Uls .,cl:iiuil ellcilllg in a. tic. i111: a '.\Lllil"l‘ declared at tile section.

l0

eounl, b: planer! lli cicciarc a will- llCl‘ of LllO firs: section, followed by llonrc and home ganlcs. goals count,‘ beuver-n tile two sectional winners: oppposing teams vein mic s:c.lolli ‘.0 cicslrle lhc rllallllilollsllzp n! lhc Iaillild League. o be

ttmul inl- Toothache-Miriam‘: Llnlnlent 1-

We. Wish

To Announce

Charlottetown

__On.__ Monday

Plume ‘Nil.

L 12- 1-1 i _ _

Moved by S. F‘. Doyle becolldh‘. by C. D. Stewart. that lie SBUYCLHF)‘

P111130 Elli,

Robinson. i-ellriilg presldenl, and in convey to him the thanks of League for his services and for iris kindness in donating a splendid irri- plly for compcillion. Iileeillli; crcl-i "l" jOil!‘ll(‘Cl.—S.

' Rcirllsti citi-

1'» nfi ‘m Rm I n no»: hook liv (lfil i ionllcr‘ Colllillalil-lv‘: of ill!‘ (‘.91

~ A December 23rd. _ C. P. STRONG & CO,

IN \’ES'l"l\’iiiN'i‘ HAN K ILRS

l

.11,

That We Will Be Locatedg; In Our New Offices ‘I .139 Grafton Street,-

,.

r-- .

lhilloiill-xrc 111.501 Lapland ‘phi-ailing a bzd for 1

" ls'i‘ll'- i€l r01, S‘!

$2,500,000

Ten-Year Convertible _6%_Gold Debentures Series A

Dated July ‘i, I929

Due July 1; 1Q‘

Riahi l»! conversion ii-ltn Glass A Cnmmmr Stork hedlnnlnfl July l. 1930 futile“ previously dranted by the Corporation» at

the rzrle lit

and including lleccrcllvrr M, I'M», all

turn-st and dividends. The illdtlllllft‘ orlcqlrllrrly- protects the convention rlflrtt In c110 u

$21.30 our share up in and including December 3|. 1°30: thereof?! s: {or share u

lloicnlhor M. i032; thereafter n: $.40 or share lip lo and Including Deeéhrhef I, I M; t ertaltu at 35 pcr share u m

lllcroailcr 41340 per share up to maturity. witiaalvusémenr In cash of accrue I

tn and lniludirlg

in- e érrrptlorl ut the Debentures

hcforc maturity and also against dilution oi Lin». value of the Class A Common Stock in can oi any Increase In capitaliza-

rlon. ,

Interest payable January lst and Jlliy ht. Coupon Debenturesi dentures oISLOUO and 8:00 dennmlriatlnns being regirtrrlble ast or m part, at ariv lime on r30 days’ plihli-lhrri nnlllr, st l0; rrn or liiluhcreeiter to and inrlurlinz July 1,1035 er 102; thereafter in and irrrludihg July l, I93 Jilly I, i938 It 1003i, and thrrehiler ut 100; plur accrued Interest in each cue.

n Interchangeable denominations oi $1,000, S500 and SIOO; (Do- o principal). Redeemable er the option of Corporation in whole before July i, 193i; thereagler to and IflCiUdIflI July I, 101i at

It 101; thereafter to and lnclud

Blink oi the Manhattan Company, New York, ‘i ruetee.

CAPITALIZATION

(Upon completion of present finlncirrfl

Ten~Tear Convertible 6'1. Gold Debentures Series A

(this issue) . . . . . . . . . . . . . . . . . . . . . . . . . . .. Cumulative Preferred Stock (no par value). iilass A Common Stock (no pnr value) .. . ..

Class B Common Stock (no par value) . . . . . . . . . . . . . ...

O-a-rsiandihd

52.500000

(d) 20.820 shs. (d) 20,R20-shs. 100,000 sits.

Authorised

(a) 500,0” aha. ) 1.000.000 aha. c) 1,000,000 shs.

y (e) Additional Debentures issuable in series under the carefully drum restrictions oi the laderlture. (b) includes 112.111

aharee reserved to provide for cnmersim-l 0f $1.5

00.000 Convertible 6

"5 Gold Debentures. Series A, and 250.000 ahtlrra

reserved to provide for crinvrrslnn ni 100.004! shares oi‘ $3.50 Convertible Cumulative Preferred Stork Series >5. (c) Entire amount under cnnrrnrr ni purchase bv lhc Banktfl. (d) Against the properties daea-ibed below there will be lulled 29,820 share: oi $3.50 Cumulative Preferred Stock, and 29.820 shares of Clan A Common ltoclr.

The Iollowfnfi information has been furnished by L. Edgar Dotwiler, President‘ ol thl Corporation:

BUSiIIGBSZ National Water Works Corporation, incorpo- rated urrdcr the laws of Delaware, was organized for the pur- pose of owning and operating, tlrrrugi‘. subsidiary companies, water works and other public utility properties in the United Slates and other countries. The Corporation now owns, con- trols and operates, or has in process of acquisition, twenty- three companies fumishlng water at vrhnlcsalc or retail, for domestic, industrial and municipal purposes to 44 communi- ties located in the States of Pennsylvania, New Jersey, New York, West Virginia and Tennessee; also one company fur- nishing gas to a community in Pennsylvania and two small companies furnishing ice to two communities in West Virginia. The terriroriesserved are located inprogrcssive manufacturing, agricultural and mining centers. All the properties have a record ofsircccssful operation, covering, with few exceptions, a period of many years.

The combined storage capacity of the properties is approxi- rnatciy 1,193,505,000 gallons; the distribution system includes 371 miles of mains, with 1228 fire lljirailts and tire total number of services is 29,659.

Earnings:

The earnings of the subsidiaries, which are

. for.l2 months periods carding at various dates from December

3i, 1928, to September 30, 1929, as consolidated from the

' fludit reports of public accountants. isllbjcct in a few cases to

final verification of figures) and after eliminating certain non- rccurring charges, are as follows:

Gross Revenues . . . . . . ... . . .. ..... . . $867,898.15 Operating Expenses. Maintenance mill

Taxes (except U. S. Federal Income Taxf. 345,523.02 Net Earnings . . . . .. . . . . .. $522,374.23 Interest and Dividend rcquironlonls nil

Securities ni Subsidiaries (outstanding

and to he outstanding) . . . . . . . . . . . . . . . .. 161,275.00

Balance applicable to Interest on thislsslle of Debentures. Depreciation and U. S. Federal Tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $361,099.23 Annual interest on $2,500,000 Ten-Year Convertible 0% Gold Debentures (this inue)............. . . . . . . . . . . . . . . . . . 150,000.00

The above balance of earnings is equal to ova 2.40 times the annual interest requirement on this issue of Debuitures. These Ber-hinge do not take into consideration increased revenues to be torldl lervcd In of improved operating efficiency of the wstu works through economies of joint management and control, and of physical connection, or the accrual of addi- tlonal benefits to be derived from the changes from flat rates to metated lervled and from supplying new districts ndjncmt to the present properties.