t .1? 7‘ w t 5' r i. t it‘!

PAGE EIGHT

ii-..“ __-

FOR SEASONAL NEEDS .' one YEAR to REPAY

Apply m the ancient bldndl of

THE CRNADIAN BANK 0F CUMMERCE

Mommy DOpOIIII Provide

., _ c. - ......._,.,.,,.

f. y, t

. ..~,_-..,,-_-

0m.- Amuuvm ct

~ manly low Rnru t ' n“. "r Hun! ls PROTECYED nv ' l -. tr 1mm E. “hint Mt. m. ARhAhC-ES

‘i-“a-it-icssionai Gurus

.>

¢

.4.-

ureit antiwcompany i)‘; AREPHIBALD

Accountant:

"7

r Enirtvrcil

. {JD 8r BENTLEY

g “I. B. HENLEY, K. C. f s. A. BENTLEY. x. c.

‘ f:.,.-.i ‘M's and Attorneys-at- .Z\ ’

W . , ttmtnii" T0 LOAN l t Iii ihrince Street

: LrtusnwQQI-n-

'f\."~..'~iINi\l IUN 17inch; iLlI-l Supplying Gllssta Etc.

5.»! '

1 at. .3. MASON .“tl\!l~.TRl$'l‘ ~..;uc. P. E. i. ir-‘un: I0 to 12 A. M.

it to it l’. M. y! elm. by appolntmenl

0+- (Iitilnvt-lcd with [Hi l. USTURE

éllhwmmtsiu rYi?"h's"r-" B-A». LLB.

“Y-‘lll. SOLICITOR, 511;, rizmk m’ Commerce Bid‘.

..l().\'|‘QY TO |_,QAN_

1R SOLICITUR, ETC, ‘= Um" Ctrllentinnl JU ‘trout (icurgp street,

1144b rtgage Sale

*1 . .

by Public Auction in us (Jourt Building tn. All gut-ens County on .11): hitu day of Much . tit tho hour oi’ Twelva "f! ALL TEXT tract, cl iliflflllll situate, lying ‘lnvvnship Nunlbu- “H (Willy- bountlrd m. follows, that i5 to xtilb-‘(i on the East. Wood lslazuls Road n1. hi. tmncst, unglg 9| hum in me thence

2 l». z L, u.”

u! u.

glzta-‘tinstori of John ]_ Gjm. l. mu‘ ltseniy-ilvo Chg '1 i

‘wu rt

ii ctrrxuucrtcement, contains}; ' acre; oi’ laud a littio more or - _. the oboro sale is made under ‘ i1 uy virtue of and pursuant to n quit: contained in an In- ~. mortgage bearing dale .. ti) tiny o1 February A, l), . .m., ‘nltlu between Anna Mc-

\- t m’ Ahiville in ucens County I auu Edward Mu-fled’ Yw-wtr. n! m, m: mrt ma smh

‘i Associate-d Press

Mont: - al Stock Exchange

n?‘ Bell Tel Brullliait 7 1-‘ Bruck Silk 9 7'8 Bldg Product: Can Gem 4 1'. can giili iwurgd g 1 a ‘.1 lit t ' t n 5 3% G 37 1-2 Z2 1-3 Z! G 1-1 78 Dryden 4 34 rknurziu Co l} Lien Steel Wares 0 1-3 - How Slllllh 11 Imp Tob 11 1'. Int Nickel n ltlasscl‘ Harris 1-65 .\1tl Pmvcr 31 N Brew 25 Staci Car Norah. a Qt1cbcc_Porver 12 1-3 Stmumrgun {$0 St. 121W COD 5o st Law Pfd 13 1-3 Steel 0t Grin 61- Wntz Elise B 10D - F man ..'e

By Bernard S. O'Hara _ Firumcial Writer

xmv yours, Feb. 1'I--\AP)— Renewed “m: doubts asiahf-‘d the clock lllltrke; may and. while pres- sure was light. thrQushout, leading issues suite-red their most severe IQSACS 2n a wmk.

Ctll dun) 510635 Eemmny 611590

fltiutlOilé. Canadian Bell Telephone B10

led inc- losers, off 1 7-8 points to

111 1-4. lnaemationel Nickel lost. Ch

1-2, Hollmgcr 3-4, Lake Shore Mines Disubers Seagrn-m 1-4 eacn.

Jo Alinvs caLit. U tinnitus/u were Wfllkfi‘! and Brazilian T: Mon.

The AssQcutc-d press average ot 60 stools ended with u. not. decline or .6 oi a point at 86.5, largest aet- back since last: Tuesday. Volume \\'.1s negligible throughout. ond uzatusirtz- tor the lull proceedings mncttzatcti to 389,100 shares com- pared \\'£:h 376,180 "the day before. It was another o1 the smallest eg- gregatm sizwe lust. June.

Rails, on the vrhole, followed n narrow course and were up at. one tzmo in the wake of another bat/ch of plt-astttg revenue statements and hopes for a freight, rate boGst

Prominent on bhe downside were US. Steel Bethlehem. American can, Westinghouse, Union Carbide. Texu Co.. United Aircraft. Amer- ican Scncltlnz. Union Pacific, Gen- cr-al Motors. Aioritzcmety Ward and In patriot-inn itl Harvester.

To ro n to Exch ange

TORONTO, Feb. 17-—(OP)--Thc 'I‘oronw stock market followed London and New York to louver

level: today on tho heaviest. sell- N

1x18 in mom than a. month. 'I‘urnov- er or wflwcharec exceeded that of ewcrysesstcn back to Jan. l3. ‘the seilmg was lwavicst in the Eoids and that group stiffened the widest. loss. a drop o! 1.95 in the index to tine lowcst. point in nine ears. Industrial: weakened .18,

use metals .80 and west-cm oils ,06. Pe

Outside inllucnces, including the war IlC".\'S. were helped in depress- mg the nmrket by dividend cuts. Luke Show chm-pea the quarterly dividend from 35 cents to 20 and W! ‘Price of Lake shore dropped 81 to close at 0.76 on turnover oi 960 slumps. I-Iolltnger hit o. new 10w at 6.7a {ind closed at. $7 for a. net cf 5) cums. 'I‘hc close was down ..n to 5.) c1112.; for Slglna, Bralomc, BPPEIB River and Kerr-Addison,

5111811 losses were general among $119 Juniors. Broulan cimed 8 oenta down at 40 end (Xxestcrville, Fir-rm. muer- Nefius and Senator weaken- cd it few cents. Ptmton 501d back i“ 2-35 71nd “W? Jack-ad ‘Ll-D 10 cents

I1 the lost, mmutc to 2.45, off 2

fingefiett. Dcme weakened 1-4 to

mduatriai; were pwmwvuy predcmitraied in the

W»?! of CP-wrlottetown in weak, 1.09m; “"7 “I'll-Y. aforesaid. Secretary, steel utility and mfscelhu-‘eous

‘ 17'“ ‘WW? M". and because nl du- - \ "1' r hut-n made in pnylnenf, t" [l m‘ .|l money and interest

‘t t. .1 tin-ruby, ' tir- d» - 1-0....

“. H, 1 SARAH M. WOOD, 1,-1'1r-z-11-1a-2s-r-4, Momzw“

. .,

5i=fi*.."t::‘iising Raturh-Payable in Advnncei

tlfflllbs. Bell ‘Ilelcphone cicscd 2 1.2 do n at. 143 1-2 nnti losses or a B01111. 0r more wcre showing fjnglly for Cfmada Cycle and Aiotor prd PMWHW-‘ey. sfl-Buenay Power pad "id 5W1 0f Canada. Few Changes pprzieaiarcd in the western oil list and T“ "i: Was iirht. Home on _ vlincd 5 cents to 2.50. d‘

2 Minimum Charge fur Any Advertisement; :5 can.

Ur: m-r inch or 41.-

’ “lttulc iiclpyiwahtedtw“

.:; t.) -- usr nov. APPLY . ". _ L-K-iB-‘l-ltl-Ilt. .. z z; n - mu (ERADERS. H w-"tihc: experience and a exw rd. Maritime Egg

l». cn tge, Sat l. John. N B, L L-324-2-l7-8i.

l0 Lct

17o In - 'l‘t\'i)Wlt(~)_0I\ .' t‘ ‘tumlly ltuwtui. Pi

l‘? 1.111‘ -— TWO RUIHH PARTLY

r. mt .1110 .'--: Lin: housm-

,4. tiymly 108 titrhxrtond

L-JJI-Z-lB-IL

.70 ‘u --l-‘iil‘lt-ltt)r)f\l ‘Antici- ntuiti. Appij.‘ m. "

Avcnuc t-2-l7-2i

Phone 12in. RiTIZIJTII. Y - --:-___ Salesman \\ tinted

if Ut$?5";.-~»tr~* \\‘.\\'TEVI)M-—M

1 f‘ diIIcI , (‘r rtnveezi P32 7 Vid- ~ lltrmrlmld. ill

sh-

1‘. ‘ti , pcrnmmnr‘ crn-qul-efe tree information. Fami. 1.0x, 570 8t. Glemmt, x

- ...i (iimrdiz I I - . ' " “?"‘.“F Illgugligtinrrfgnfcr gddYJzrciatel-n "l"! Etutern local» l1" Wur1l'ln M. ', ‘v -_ u... .7 ~' t"? Dvr inch; Wedding an 3 Wm, Mr tn," “damn”, 3 wgrgscments 40 words for $1.00 . ~ . . . Noti tin-t. mldrcss and legsgnigltllun S‘ s‘? (zgthThnnh Ind - - er rates on

111K Events 3o pg you]. 9W» 5° ucr name; 141g", o;

us‘! 0! Subscriptions

€_-

_ For Sale

m‘ TLII“ cfggf l-nlzgllyftsltinr: - a ACRES from Chnltlottcltgadmgs‘ s“ “m” bhone Herbert w$,‘f,m,°‘

géggatiqtcb-m-z-pt-rv-tb- 144-3‘?

Male and Female Help Wanted

Now ls Till; rm

B T0 GET \ Government tub as Clerk. P03],- mau. Customs Clerk Sumo etc 5.1K Dominion-wide exams "nil ante war began, Free Booklen - C‘. C. Schools Ltd, Toronto 1Q

Oldest in Canada. Nu Aggnu

Nu- ode Beauty Parlor

sfluarunteed S7 perlnunenta for 5 .»

: $5 permnnenin M: and 83.50

rnrtive nrnnanrnta ror 32.50 during r-a-u . ~. m“. rmlry. Experienced operators. N" wmr- gm- students.

MR8. W. II. POOLE

New York Stock Exchange

(‘lose Am C Ind l" 3i 1.4 Am Tel d: 125 Amwonds g5 1.3 dwin l3 1-8 Bendix Av 33 3.3 e 1 58 5-8 Ches 1S: Ohio 34 Chrysler 47 3.4 Con Edison 12-1.3 Elec Auto Lite :1 3.4 Gen Elec 25 3.4 Gen Motor; 31 7.3 Gt Nor Ptd 33 1.4 Kcnuecott 33 3-4 Mom. Ward 3t; 3.3 N Y Ccntml b 7-5 Nor Am C0 a 3-4 R .22 1-8 Phil Pet. Co 3a Std Oil N J 37 3-4 Tsm Corp as 1-2 United Al!’ 28 5-8 U S Rubber l5 1-8 U S Steel Co 50 West Union J! 5-8 West Elec 74

MINING

TORONTO. Feb, l7—(OP)—Cios- in; stock quotations:

Clone Acme .06 1-2 Alderman Arntiield Aunor Bzuikiield Beattie Berenes R Bldgood Bobjo Brit Dom " ulan Cas Treth Cont. Por es Cochenour Coniazaa Davies Dome Duqttesne East lafidcrado Falcon Fiernland Hence Gods L Goldale (‘told Gate Gtmimr Halinnr Hard R0 Hi Sara Hotlink Home Oil Homcst Howey Hud Bay Inspire. Int Nick Jason i Kerr Add 3.35 Kiri: L .54 L Shore R T: Lamaque 3.70 Lam. Cad .00 Leitch .39 1-2 Lil L L 1.l7 M11085“. 2.23 Macleod 1.34 Madsen .35 1-2 Malartic 1.37 lVinn Ea .00 1-4 McIntyre .39 1-2 McKenzie .80 in Corn 1.12 ay b .17 Nexus .45 Nipiss .95 Norandu. 1N; 1-2 Nnrdon .05 O'Brien .61 Omega .07 Ont Nick .06 1-4 Pandora .03 3-4 Partenan .01 1-8 rron 1.17 Pick CYOW 2.00 Pioneer 1 70 Powell .-" Premier .55!) Preston 2.45 Geno .l'7 San Ant 1.45 Senator .10 Shcrritt .78 Sigma 5.10 Siscoe .43 atie-n .130 1-2 Slave L .02 7-8 been R0 1.50 Sud Basin 1.55 Sullivan .52 lvsm l 50 Tcvk H 2 (‘R Tknvagmac .1!) Twin Citv .03 1-8 Uchi .04 Upp Gun .82 Ventures 3-30 Waite Am 4.30 wn mm: 245 Ymlr .03 7-8 CURB Pond Ore 140

Livestock

MON'ITR.EA.L. Feb. 17—(OP)— 17mm were 73 cattle, 72 sheep and lambs, 707 hog and 374 calves for sale on the two Montreal livestock markets today. Hog prices were easier, and prices on other kinds oi litre-stock were stead to strong.

Cattle were steu y. Common tn medium quality cows ranged from $5.25 to $7.25. Gunners and cutters $4 to $5. Common bulls $6 to $7.50.

"""i Continued Progress

[Tsrocx QUOTATIONS J

Reported at Meeting of Eastern Trust

HALIFAX. Ebb. 11 - ‘me But.- ern Trust Ccuiguly held its qu- nuat meeting here toting. at which the Pmsldent. I-lon. . B. Mc- Curciy, P. 0., prescribed it: lorty- ninth atmunl report to tho dure- irolricrs.

The statement plcturcd the con- tinued progm-ss of the Com '4 business under War-time - mom, and showed that divldenfi are be maintained it thl In! rate u recent years.

The Otilfilngg amounued to $130.- 754 40 which mpresent. an increase over the preceding twelve Months. utwr deducting expenses of man- agntzcnt. auditors’ and directors‘ Ices.

Elstates. Trusts and Agenciu tinder administration increased 3.1461149 91 to $4,988,381.57, evi- ticnt-mc: the continued public ap- preciation of the Conrpanyls ad- mivcstrative abuit and facilities. which, the Pmi ent. emphasized. are available to all to whom Rust Company service L! l no matter how large or aunll the need may be.

A i-rvorable balance o! 826,949.84 was carried iowvard to Profit and ter making provision for the

dividends, dearer-Action

.-

regular written off, and taxes. which lhttpr wer. the highest in the d the Ccmgttmy,

The policy oi the directors in

u. 0

coirfining investments to high- graclo securities, carried in the Ccnvnjnys books at s. conservative valuation. has kept the buaineq 1n l WW 8011M condition. and inspir- es ocmrtdenoe for continued suc- oess through difficult are.

The amount. of Rea ktate held 1'01‘ sale on the Company's books has been substantially reduced and now amounts to 344M342, M°Pl8flee interests collections were 100d. with the limited exception o! certain farm mortgage; wit-rm); _ adversely affected by war conditions, and even timer-e 1m. provemezrt was shown,

Since the lust annual meeting one chartgo occurred in the Board oi’ Directors. Hon. J. C. Tory N. tiring because oi’ ill trealth. During the year H1121: MacKay. Bu, join- ed the Advisory Board. of the

t-tnnnny at. Saint John, N. B,

4. i=0 rhrt-‘Dtrectors and Ad. \'lS0l'_' Committee remain un. changed,

OF)

i

4 MONTREAL EXCHANGE

MONIREAL, Feb. 17—(OP)—- Gold and base metals paced a x1'0\1t> oi raster issues to lower lev- cLv i-Oddy on the stock exchange and curb market. Golds dropped to a. new 19% low.

Chief loser in the t/wo section: on the‘ stock exchange was Holilncer. uhich expanded retcnt recessions to a nine-year 10w. Others behind were Hudson Bay Mining, Consoli- ldatcd Smelters end International Nickel. Imperial all. in oils.

In industrial: Be. urst was 1m- proved and Price Brothers, St. Lawrence Corporation preferred, Ctmruhan Car. Massey-Harris, 01d, Fbundatlon and General steel Wares preferred all backtraoked,

Utilities our better, shmvlng o profit while was streamer for e while. igan was a loser. 0P3, back a fraction in carriers.

Bruck Silk and Imperial 'I'o- bacco pcsicd defiicts in miscellan- 211700115.

‘Potnl sales: 19,400 shares; 1114115- glggso. 8,200; Mines, 1.200; Bondl,

Produce Prices

MONTREAL. Feb. 17—(OP)—- Canadian Ccmmodtty Eheohazrqe. “Butter spot: Que (02 score) 35— c9 1-8: western (92 score) 34 7-8- Jcbzatcs. 300 m? atgfl-a.

'85 8P0 I m 33A‘ A—mcdium s1 1-zA; Amok zé 1-2A; E-B 28 1-2A2 E-O 25A.

MONTREAL. Feb. l7—(OP)— Produce Market prices here today as reported by the Dominion De- partment of Agriculture follow:-

Buttler: first grade crenmory D1’ bum’ P1’ . 6 1-3: first grade solids, j 86

tcurized storage 35 1

2 storage 34 3-8-34 l- Chcesc: current receipt western white and colored M, I".O.‘.B. fac- t Ottrrent n-

sale, western and Que

1-2, colored 36a l gs: gra e h t, lllng

A-l R180 as: A-midtgunnwgt-ole 1-2;

no 1 1.05-1.75; green mo tnin 1.73-4.80; whites 1.86-1.76.

Montreal Curb"

Veals were strong. Good quality c, veals brought S14. Common to mcd- Abmb, Com 65 “Q tum kinds $13 to $13.75, with the Bathum; A 13 34 bunllfmof the sales t tween $12 and Fraser v T c n b,

. . Fflrd A

Orulomdmttluublweresoldlnl-Iomoml 1X3

80 ImD Oil U l-l

mixed 10h 5t 910-50. S1009 WHO to $6.50

Hogs were easier selling mostly at $15.25 for B-l dressed. Grade A drew $1 per hog premium wit-h discount; on of! grades. sow; were $850 to 09 live weight.

Grain

WINYNTPEG. Feb. 17—(GP)-In more aggressive trading on Winni- WK 3min exchange today wheat futures closed l-a higher.

Grain tuiurm close:

Wheat‘. May B0 1-8, July 8i l-4-A.

01b: May so a-s. July 4a v-s.

£547 -6B.

f. : M 04 .

a-m, got coals-tn. H’ ‘My M Cnsh ricec: when : No. l hard and i nor 7H

2-8: no. a nor 75 1-8: m a nor vs W

5-8: No. 4 nor 72 3-8; No, 5, '10 5.3; No 6. 6B 5-8: teed 66 1G; No, 1 "t. 7'3 5-8: No. 2 garnet, 73 1-9; '*_ war-net ‘I2 1-8: No. I durum

r'~~. "'N0.2UW495-8t0x3(fw

‘ H 1 Md 4" 5-8: No 1 iced "'- 7-0, N. - ~' ‘PM 42 3-; 3 feed 44 3 8. No. 3

Barley: N0. l feed 50 H; 3h, j purflgp p;

_ lI-fi-Q-IO-Ohleedurqmggqq

- BANKS

“glib

I41!!!

Markets at a Glance

(Canadian Pres) Toronto and New York-Jhgkp

on - t..°'°.'.°.i.'£§€iiu he m“. other industrial: an goth lqyp. innlpeg-Wheat l-l ol mm

higher. New York-Cotton hkher; coflel unchanged.

' THINK JAYS WEEDS LONDON-(CP) -A blind 91¢

age pensioner has sent 84,50 to mo-

Chnnoellm- oi’ the Bouquet b II Q

‘i - ut-Lw-J

_ THE CHARLOTUTUUWN__QQA_EQIAN

$139,754.40. Reserve Fund stands at $350,000. '

maintain the Company’s highly satisfactory financial position.

The third war-time annual report of The Eastern Trust Company was presented to the share- holders at the annual general meeting on February 17th. It shows continued progress under conditions which impose many difficulties on the management .0! financial institutions.

Reaching a new high mark in the history of the Company, Estates, Trusts and Agencies under Administration increased to $64,988,387.57; higher by $2,467,149.91 than in the previous year.

After providing for the highest taxes in the Company's history, as well as depreciation, and regular dividends, a favorable balance of $26,949.34 was carried forward to Profit & Loss. The earnings, after deducting management expenses, were also slightly ahead of last year at

Careful business management, and the conservative valuation of all it! Insets, continue to

character of service given to Customers and the Public. has been well maintained: and. as l result o! the year's operations. after the normal distribution of ex iring Trusts. the Assets under A ministration have increased to a total of $64,98B,887.57.

The Directors believe the bus!-

DEPOSIT FOR INVESTMENT: GUARANTEED 0,114,157.98

8,114,157.96

Vaults and Sate Deposit Boxes. Sub-tuniial additions to Oihce

Trsnsin- Acert, were made and the cmt thrrtof $6,955.15 was chsrgcd tn expense. _ The year saw the introduction oi Succession Duty Taxation by the Dominion Government. it means both an added shrinkage

ESTATES. TRUSTS AND AGENCIES: Estates. Trust:

Flmzipment, including machines to stock transfer operations s ‘Bzgk ' u- ,re- the Comnany acts as S-tock Mortgage!

Savings Bar Loans on Stock

FORTY-NINTH ANNU9ETEEEIPORT Luann-l" A35“; Capital Paid Up; 1,000,000.00 Domtngon, pm. 30mm 0F nnu-zcwons Reserve Fun‘, mmm vine“, Mun, For the Year Ended pmflt am; 1,0,, c, a, and am December, 1941 Account "-9491" art-taunt .s 4684105172 P'°"'"‘°“ Stocks vaausz 1'0 the Shareholders! I ainst Lia- w.“ m; ‘ ‘ Your Director: submit here- bmy {or and Bond! 911377., with the Financial Statement o! Tax” . . . . ,. 77,476.65 " 354'“ your Company. for the Year Dividend Nu Mortga es 478. . ended 31st December. 194i. I63 due Jan- Accrue Inter- The Earnings amounted to uary 2, 1942. 20,000.00 est on ltiort- $139,754.40. which we trust you ates and I 929 will deem catrslactory having in cnds . . . . .. l1, 3 . mind diiflculties that are en- Real Estate countered under War-Time Cor.- flgld for Sale 44,893.92 ditions. From this sum, revision 0m“ premisem has been made for all ax Lia- vwm an d bility, the burden of which was Sate Deposit substantially the highest in the Ba“, _ _ _ ‘ H 9154mm; history of the Company, Four Advance! to E5_ turarterly dividends of $2.00 per mum Tm“, : are were paid, the came rate nd A we,“ 140 54531 Q 8 . as had revalled in recent years. c“), in Bank The otal Volume of the Com- u; “and 70 334,22 , on . pnnys business. as well as the s hiflAujn 5 14744359]

DEPOSIT FOR INVESTMENT:

GUARANTEED:

Dominion. Pro-

vincial, Muni-

cipal a n d

o er Bonds .5 839117104 597513.75

Mortgages 1, Loans on Stock!

ness to be in a sound condition. __ 4535, 0 and their aim has bcen to confine A€g$e%°x}%ster_ a3 ‘ 9 investment to SQCUHllPS of a high est on Morp zraco character. which are car- l“! “H; ried in the Company! book: at on,“ , _ , _ _ __ 2943440 Cqpwrvativeflégirijzwniions, m Cash m Bank ' i“- sum n ....) was wr en d '35“ nit‘ the acct-nut Office Premises. “d on Han 155 7 3 5_114_|57_gg

ESTATES. TRUSTS AND AGENCIES~

and Bonds . .

Cash 1n Bank

and 0n Hand 745,505.00

Real Estate and

Sundry Assets

'1 bl t , - - 5 avala e o everyone no "Quarterly Dividends No.

tt h ‘l all ma er o“ use or Sm may Hi3 declared and due

4, .85 administered carefully and with due regard to nasistin our bor- rowers u far as puss ble in all cases of adversity, The effects of War conditions on mortgages on Eroperties o1 primary producers