Miles Hours 
     
     Charlottetown to New York, 880 30 
     
     n Philadelphia, 970 32 
     
     n Vancouver, 3.584 124 
     
     —(««—-—>—a—<———»»>— 
     
    
   
   
    
     THE ISLAND'S FINANCIAL INSTITUTIONS 
     
    
   
   
    
     HE Island Province possesses few financial institutions. 
     
     Its banks are the Merchants of Prince Edward Island and 
     
     the Summerside Bank. The former occupies a substantial 
     
     building in Charlottetown, and does a very successful business. 
     
     It was incorporated in r871 and has Agencies at Souris 
     
     Montague and Alberton. The Summerside Bank has been in 
     
     existence for upwards, of 30 years. Both are sound financial 
     
     concerns. The Union Bank of Prince Edward Island, in- 
     
     corporated in 1863, was amalgamated with the Bank of Nova 
     
     Scotia in 1883, and is now known as the Charlottetown Agency 
     
     of that great Nova Scotian Institution. There is also a 
     
     branch at Summerside. Another Halifax Bank, the Merchants, 
     
     has agencies at Charlottetown and Summerside. A branch of 
     
     the Dominion Government Savings Bank is established at 
     
     Charlottetown, in which the amount to the credit of depositors 
     
     at Ist July, 1899, was $1,800,666.92. There are Post Office 
     
     Savings Banks at Summerside, Souris, Montague, Crapaud and 
     
     Tignish. An Agency of the “Credit Foncier Franco Canadien’ 
     
     of Quebec does business at Charlottetown. There are no Loan 
     
     or Trust Companies. 
     
    
   
   
    
       
     
    
   
   
    
     MERCHANTS AND MANUFACTURES 
     
    
   
   
    
     The business men of Prince Edward Island are up-to-date. 
     
     Stores with well-selected stocks are found in every village and 
     
     at many of the “cross-roads ” throughout the country. In Char- 
     
     lottetown the establishments of all kinds are equal to those of 
     
     any city of its size in Canada, and the window dressing of 
     
     many of the stores is excellent. The principal dry goods 
     
     retailers send buyers direct to England for their stocks, while 
     
     the large army of commercial ambassadors who regularly visit 
     
     the Island, secure substantial orders. In the Capital are several