"&-"€*%"" ““ I

*_ .:.;:=_=~_:r--*r s>a'r_.em.eu_;n_

»~__~_..... -

r» -Q1-stein

_ ._ W;

__;_,__._,. .. _ _ - __,_.

,, ,, -

""‘ qtfngki--T

' ioznd ANNUAL REPORT _~ 5 or ~

~s"'_?1

5' "ff

i ‘ii fr! *-l

Balance Detember 31st, 1932 _ . _ . . _ . . . . _ . . . . _ . . . . _ . . . ._ _ _ . . . _ __ _ _ _ S 578,224.74

\ s u

PROFIT AND LOSS

he Bank of Nova Scotia

5., - _ cAPi'riu_ PAID UP $12,000,000

‘ \‘=.-_i,-ilu'-'P iutsmtva FUND - - - 824,000,000

__-__.~.-

Net Profits for year, losses by Bad Debts estimated and provided for... 2,035,9(ll.02

' _ §2,si4,i24.1s \

Dividend No. 253 at 14% per annum . . . . . . . . . _ _ . ._ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 420,000.00 Dividends Nos. 254, 255 and 256 at 12% per annum . _ _ . _ _ . _ _ . __ _ _ _ _ _ l,080,000.00

Dominion Government Tax on circulation to December 31st, 1933. . _ _ _ 112,000.12 Contribution to Officers' Pension Fund. _ _ _ _ _ _ _ _ _ _ _ ._ _ _ _ _ _ _ _ _ _ _ 115,000.00 Written off Bank Premises Acoount _ _ . _ . . . ._ ._ _ . . ._ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 250,000.00

Balance carried. forward December 30th, 1933 _ -_ _ _ _ _ _ _ _ _ _ . . . . ._ _ _ _ 637,124.64 1

Deposits bearing interest.

Bills Payable . . _ _ _ _ . . . __ _

Current Coin . . _ . . . . . __ _

0 Dominion Notes . . . . . _ __ _

V' csusimt s'r.s1'i»:MiiN'r As Ar oizcimasit sinh. ms

LIABILITIES

Capital Stock paid in . . . . _ . _ . _ _ . . _ _ . . _ . _ . . _ . . . . . .._ $l2,000,000.00 ReserveFund.........___._......_._......__._._._ 24,(XX),000.00

Balance of Profits, as per Profit and Loss Account. _ _ . _ 637,124.64 Dividends declared and unpaid . _ . . . . . . _ . _ . ._ _ _ . _ . ._ _ .31

_ Notes of the Bank in circulation. _ _ _ _ . _ _ _ _ _ . _ . . __ _ .5 11.501,047.60 ' Deposits not bearing interest.. _ __ _ . _ ._ .$. 32.475,976_09

including

P interest accrued to date _ _ ._ _ __. .. _ _ 175,5l6,384_60 207,992.36()-69 I

Advances under the Finance Act . . . . _ _ . . _ _ . . _ . _ . _ .._ 3,214,000_00 t

s2zz,1o'/,4os.o9 l

Balances due to other Banks in Canada. _ _ _ . . _ _ . _ . ._ _ 2,181,331.15

Balances due to Banks and Banking Correspondents in

the United Kingdom and foreign countries. _ _ _ _ _ _ _ _ _

. Letters of Credit outstanding . . . _ _ . . . . . . _ ._ _ _ _ _ _ . . _ . . ._ .

Other Liabilities not included in the foregoing _ _ . _ . ._ _ _ _ _ _ _

ASSETS

Deposit in the Central Gold Reserves . . _ . . . _ _ . . _ . . _ _ . . __ _

H Dominion and Provincial Government securities, not exceeding market

value . . . . . _ _ _ . . . . . . . _ _ . . _ . . . . . _ . . _ . . . . . _ . . . . . . . _ _ . _ . . . _ . _ . __ _

Canadian municipal securities and British, Foreign and Colonial public

securities other than Canadian. not exceeding market value . . _ . . _ ._ _ Railway and other bonds, debentures and stocks, not exceeding market

l value . . . . . . _ _ _ . _ . _ _ _ . _ . . . . . . . . _ . . _ . . _ _._ _

Call and short (not exceeding thirty days) loans in Canada on stocks,

- debentures and bonds and other securities of a. sufficient marketable

value to cover. _ _ _ . _ . _ . .._

Call and short (not exceeding thirty days) loans elsewhere than in

Canada on stocks, debentures and bonds and other securities of a sufficient marketable value to oover_...._ . _ . . _ . . _ _ . ___ A

Other current loans and discounts in Canada (less rebate of interest) after I

' making full provision for all had and doubtful debts . . . . _ _ . _ _ . . _ ._ _ S 97,117,-482.51

l Other current oasis and discounts elsewhere than in Canada (less rebate

of interest) after making full Ezexbion for all bad and doubtful debts.. 13,132,Si8_02

» Liabilities of Customers under rs of Credit, as per contra. _ _ _ _ _ ._ 5,722,393.89

Nnn»current loans, estimated loss provided for . _ . . _ . . _ . . . . . ._ _ _ _ _ _ _ _ 878,029.67 Bank Premises at not more than oost, less amounts written oFf _ _ _ _ _ _ _ _ 7,624,458.53 Shares of and Loans to Controlled Companies . . . . . . . . . _ . _ . . . _ . . . . _._ 2,725,795_97 Deposit with the Minister of Finance for the purposes of the circulation 531 194 4?

fund _ . _ . . . . . . . _ . . _ . _ . . . _ . _ . . _ . . . . . . _ . . _ _ _ _ _ _ . . . _ _ . _ .._ ,

' _ ._ ._._....._ 196,458.16

Other assets not included in the foregoing. _ _ _ _ _ _ . __ _ _ _

S. ]. MOORE, Pnssmsrrr. J. A. MCLEOD, Geuziuii. Mnucsa.

Auditors' Report to the Shareholders:

We have examined tan above General Stsusmt of Liabilities and Ants as at Decatur Nth. llll. sed

the books at the Chief Oioe and withths een-ihd returns from the lnsehas. The hn‘oin Chief Oiheesiid ntl-ie Toronto sad Montreal Branches were coriirissd 3 us attlss eloee of budisus 1

have obtained all the iiilomation and exsimtioes that we have no _ sed is our opiaioltbs ueannioes

have eo`5ieriiider:>;:ii`o\.ieehsve bona* hissthe dw. h

e report t u our ndllol above st.l\Q¢l dlealoeel UI! ilik Klilll ll

d the leak.

D. lkl. ND, I C

A"' am

IL Tmswro. Camisa. isth Jsaury. isle.

2,183,714.45 ‘

._ 5,722,393.89 _ . . ._ _ _ _ _ _ 265,650.02

_ _ _ _ _ _ _ _ 24,253,953_00

United States and other foreign currencies. _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2,089,584.29 1 Notesofother Banks _ . . . _ _ _ . . . . . . . . . . . . _ . . . _ 897,136.20 Cheques on other Banks _ _ . . . . _ . _ . _ _ . . . . . _ . _ _ . . . . . . . . _ _ . . _ . . . . . __ _ 8,197,667.72 Balances due by Banks and Banking Cprrespondents elsewhere than in |

Canada _ . . . . _ . . _ _ . . . . . . . . _ _ . _ . _ _ . . . . ...._ _ _ . _._ 6,505,285.84

_ _ . _ . _ ._ _ _ 1,250,000.00

$2,614.l2~i.76

363,911 .

$s1.ooi,1o1.9s II

255,154.19

5227.327,607.88

$270,316,753.74

_ _ ._ S 8,994,314.12

$50,937,941_17

54,905,l 13.68

16,372.484.26

7,912.674.10

9.042,l36.72

1.968.072_64

$l42.388_422.57

$270,3l6,753.74

§ HER iiili iséi

I- =___ _ __

Canned Foods

Industry One

Of Development

The development or tm wines

foom industry has effected great Changes in the relation of foods ui seasons. Fruits and vegetables of U_\lJlY kinds are to be had st ell times of the year, not glwgys “gh all the flavor of the freshly nth". ed_ produot, but with much of their original freshness and flavour. The producers in the oountry are pm. vided with an enormously extended market. for their products and the consumer in both country and city with cheap end wholesome food in great veridy_

A Pair of Eyeglasses

W\¢l!lllaelthomhe\e efthebsse hsvestamh you eelld-als.

larry who 'soured assh- faotery Glasses from .vm lsmlhillsstais-see.

ii. w. rsvuoiz J. s. TAYLOR

Qelhelsill

Pflfelllelal Garda

» Thll llldlffy IIIIUQ DPM “TUG

za = '3=a= s '-5'--'*-'

during the past. few yea-rs. Although the number of plants in operation decreased from 270 in 1921 to 25| ln 1932, the capital invested increa- lld by 817.000.0011, the number of ¢ll\Dl°y¢¢s from 3.577 to 5.954. sel- ariea and Illts from $3,150,504 to l4_0M,'l4d, materials used from |12,- 008,946 to 05,000,602 and value of , products from $20,901,476 to $30,034.- 537. During the period 1923-1982, the volume of fruit and vegetable piepsraititxu increased I1 per ont. This growth is indeed remarksble as it represents s oorresponding in- crease in the domestic demand for these products. the foreign trade being relatively small as compared

with the dornestlcx;'0duotion_ lm- pons in ll!! were usd et $2.881.- M8 snd sxporta at a2,'i2!,las. Thus the industry. bssldes supplying the domestic msrkot. ello had e smell 019111-able mrvlus.

The fruit. and vegetable PWIN- tions industry is divided into two main sections, (1) fruits and vege- tables, canned ev -

_ _

2 s. ’ all

slit Eli

served end lea. ,ositsup

PLE!

ie the canning of fruits and “ll- tebli which is carried on meet ex- tsmtvely in Ontario, British Co- lumbia and Quebso where clinistlc conditions for the growing of fruits and vegetables are favourable. The principal fnilts tanned in Ontario are apples, peers, plums. peaches, cherries, aurants, gooseberriel. blueberries, raqsbsrries and straw- berries. In addition, British Colum- bia has the apricot and loganberry, The vegetables senned include to- matoes, peas, corn, beans. beets, carrots. pumpkins, squash spinach and asparagus. The canning season

-vfll es:i£EF§§i?t§§i§i` esiislowesl pq bel _.___

-SNOW IBOVHI, sold whole. sale and re st Drews. 0610.]

tell

-social. oarnsnio -_ /url

eruoysbls soinee was held in the

llmetahou gloofedkn Hall Ken-

on snuery

Hil¢a":hei'msd the iseteble minlo and from Wilmot, Kel

ured beat dan ments in eestac :et lunoli was which dsllghte

-MINISTER llllhllllllll -

The Cornwall Y. P. I. nut e v t oi the Church

ggégigis E, _ itiiiisi- 'iillirl

in th

Dec. 21

. _ lil iiéiiliti, ig&§§§t§‘ friliiléi

en Rev. D- K pair of fur The address ling MMKIBD given by Miss - dent of the _ Ross thanked

their useful gif

Merry Qvlltmal.

_,__

_FUNERAL SIBVKIL- On

Sunday January 13th the tuners

haste Harriass was

of the lst-s C r y held from the home ot his parents. Ma-_ and Urs. 0. !‘. Morrissey, Tig

nisli, tn the Ohurah of lt.

and St Jude, when a 1 assembled in unite in the repose of the soul had always been dear. J. D. McNeill offioiatsd-

CSU uit. dprvsen

Hgggi léril

-CARD `PAl'l'Y INJOYID \

A very enjoyable eard party was held ln the IL 0. H. hall 'righisli on Thursday evening January 11th when the local sub-division of th! C. W. L_ entertained at twenty tables of cards. The priser we won by (Brldl¢) Ladies: Mila Marguerite lddmrd. &nt.lemll\'». Mr. Alden Shel. (Whiai) Ladies. Mrs Peter Kirsch. 0ent.lsman‘s Mr. Fred. McKinnon (Forty-Fives) Mr. John Milligan. Delicious re- freshments were served by the Committee.-T.

___1i.._-----

EASTERN Elllilillllll

i-ll

l l

_,°’l'hIii eoiunl hs reserved fer

news of meal lnieress bins slvertlelnl gg g gewsy ametro ll! be Ilsertel at s min » uma mlm: wrath ll wdvallee,

._'SUBSCBIl”l‘l0NS ‘ to The

Charlottetown Guardian may bo handed to their Rept. Archie Hume. or left at li. J. M.lbon’| Drug Store. Montague. W5-

._~wii1sr ranrsz iimoran -

The first of s series of auction forty-lives parties was held st. the home oi Mrs. rnnk Kesyl. S°\lI’il Lins Raed South, January 11th. With a very large crowd in attendance. Almost everyone present enjoyed l»h¢ usual gains of auction for about two hours, the gems' prias bein! awarded to Mr. John Malone and the ladies' prius awarded to Mrs. Philip Motisugh. Supper was served by the norton, mime by wine 01 tmimiesottns district.sft¢rvhl°h dancing was indulged ln. 710119 W1'

b Ahllll Use-

sio being furnished y Dgngld, Joseph Chelason and John

D. Maomism. with lsily as organ aowllill - eooclusiosi, all then d¢P\f'»°4 1°' their homes. hlvihl IND! I WW OH- joyeble evening.

lllllfl UQIQQO (OI Olllla

N. B. May Abolish

Grand Jury System

(C. P. by Guerdlalfs Special Wire)

WOODBTOCK, N. B., Jan 22-

Abolition of the Grand Jury sys- tem in New Brunswick was P0!- sible, E. W. Melville, ll. L_ A., said in I. dinner sddrssl here. The At- torney-0enerel's Department was eomsidsrinl s bill which would give th. trial judge authority in ex- amine the depositions in criminal eases and dismiss the defendant if the eoasirhred the evidence insuffi-

triel he seld

begin! in .lime and continues throughout the summer and su- tumn until October, being at its height in July. August and Bop

ployld in wsmnsri-ss, while in 310007. the '.n of lowest em-

! £5 its .tilt rl; if

li l

ploymmt. than were mly 2,553 IIA!! OI 0Al»’l‘ WUIAN ellvlillill- l*Ul.l&D 0111' I! WINGS

utwt of thlr india- cuiur. .rm as-while sands;

l7 l°"\‘ "lm her glestris washing machine

year, the ill( down

items of

‘eielat to .llllilfi \ _ - l Kon. W. H. Harrhon, Attorney- Genersl for New Brunswick. and lPremisr L. P.D_'I‘llley hednot re- turned tonight from the Dominion-

tans¢r_ in septsminr of im ‘Provincial omfrenw at Ottws there were 12,111 wage-earners ein- 'end could not bs rssohed for som-

UQBC 08 ull U\¢l¢\‘.

nge. si " iifglii ‘l it; ifiiiz iiul

F§F§i§§ i ifiiii il§`5§_ gigs? ini

til*

itil #tit glut; 2'". i`= till!

-fertili-

sllvef Ullliored fllhlll one mal0.'P\|;l os' adul phone , lrnmediabely Rohit, Btlmllllflidm

-'-lll.VllI'0XPll.'lSaNbe\i| hou|ht&ily at the dfiaed I. Oi-ehamlwsers.lumni0raide.`eni

-C. On Fr study

lioms of

twenty members Rev. J. D. LUN! struetivs lecture under cmtempla

that the group wsu! during the comin( west#-1'.

-JUMOI W A.-dh

Branch of the

step!-ien's Uhiuoh. their monthly mes

of lbs. Atwood Blskensy

'rho meeting opened by hymn, “God set the little QU!!! ml", followed by members payer in unism, Scripture seeding, late, thaw 25th CIIAPNP. followed by

_ iii? ig; .fifiiéiiil ggi; ;i§;i_§.== iiirir iiiéiirii

up his Janis minutes msstmgwsrereadand approved.

,iigigga 5;’ 3,, F iittittiii

th sen nee pray

tary gave a financial N90!! year 1938. Bu|il\Q was 0. discussion on s bllttarfly quilt ltd to the funds. Hymn,

night is

lowing pr

Reading, The New Y by Vera Brandefl D18

Care", by Margaret Adams Duggan: Duet, "Away in a. Manger", by Doris Blakensy and Arnold Hyltz_ The Df0¢|'9ll\me committee appointed for the next month wal: Norma Champion. Winnlfred Blok- eney and Vera. Breeder. The lmri'a Prayer brought e moat liiierssting meeting to a clan. A dainb lunch was then served by the hostel.

`-Dr. Johnston. Tlgiiidi. was in Suinmeralds M Wednesday.-T.

______...__._--

-Miss Nora Betssou. MA.. spent

the lawn' pert of last week visit- ing the Prince ltiverd Island Branch Libraries at Albritton and 'I‘ignish_-T.

______._.___-

::'I'he Oil for the Farmer. A bot-

tle of Dr. Thomas' Ecleotrie Oil in the farm house will sevs IMD! I joumey for the doctor. It il not only good for the children when taken with oolds and eroup and for the mature who suffer from pains and aches, but there are directions for its use on sie! cattle. There should slwayebeabottleof iti_nthelious0_ __.___.___-

KlS_ ELIZABETH MMDONALD

A pall ot sadness was cast over

community of South lake

saturday. Dsosmbsr ioth.

of ks most

demise of one residents. in the person

*Uh

was D.

'égégigliigléri tit gli lei, fails; Wil# 2§§”il l’E§§==t. raii ltriira

sharaoter passellng a

disposition, and dsered herself so

md acquaint-

Wllllhl

thai

VII

its duty

needy.

Bhs had been in indifferent

health for some months and ,ao- wards December r\pid.\y grew worse. The united offmlts of tdider nursing and skilled medical aid proved unevailing, and on the

ii, gi _tliliti gli it _E igii iilti 2 ii r 'ii iiigii iii rf iiigi.. iii tilt E5 E23

li' I.:

Jamlltllao-

and

'rwodeughiela

tithe)

Mau. dstidrm

Ondnlalrltvll

°fl7lllU@

by hdlldihl

“="~‘» "W" 1" Mau: “ Have you been in to

3”” °3°""" "`-'="'i"#-'°i‘~°°f`~'i the ‘ Economy Shop ’ at

Moore and MacLe0d’s ? ”

On the sseosd lloor-showing inter estlag lower priee goods, psrtlcu lsrly for ladies and girls, every day or two theres something new and

interesting.

Nw intron' srxiris ssoonsizs at _ ......... ..

New FLEECE LINED BLOOMERS, lsrgs P tty Print APRONS, msay

Girl’s RAINCOATS_ sisss 6 and 8 only, reg. $2.25 formlso

CHINISB Cltsir Bets coarse hand made lses, at per set _ _

Glrl’s BLOOMEBS, small

sires c

Womsn’s Print HOUSE DRESSES

POLLY ANNA Print APRONS

CROFTER YARN all gsod colors, per bell, 8 for 251: _

Small elses in Cotton HOUSE DRESSES clearing at ._ _

Fourteen good Values from the Men’s BASEMENT

%'...’L'.’.°.‘f.f'.'i'ff?. $2.80

Boy'a Flgnsleite Pyjanas _ Kiddiee NIT SUIT Cap, Mitts

and Pullover. A 88.25 value fer $1050

’<`>‘i‘f‘s`l.i.§.1'.¥-'-._‘2lI.‘."T. $1.45

M0n's striped peresls collar attached SHIRTS special ._

JUMBO KNI'l‘;weater in UU (cost style) A greet shirts, sturdy grey fabric,

tough, well fitting wsll mais slew

Bassist.

Jani.-ilassy

wsllesfm

= s ii iilii Ss §§5i5

Msn's Flartneletts Pyjsinsssl

Clearing Boy’s Aviator Caps for

Igiesfs Heavy JUMil:\0 KNIT weaters, very spec

. . . $1.80

value ._ ._

Me n’ I COMBINATION.

Overalls, special _ _

Sale of assorted types Boy’s

SWEATEBS _ _

Heavy Gray WORK SHIRT for men-ebargsln _

Heavy ribbed, winter U N D E R WEAR FOR MEN all sine.

luv iSle__i_o

the rljlt Up! KIISP NIUKIACI. IS

28--The the

ofooekeryst

live been

owns-

, sspsooiss

‘Dis

-- B!G0ori!¢

NIU

gpbeautihl qpsricsd

howitl

UWB