Do You Require 

 More Capital? 



For ten years, Royal Securities Corporation has been 

 associated with the development and financing of 

 Canada's most successful pulp and paper enterprises. 

 Among them are: 



Ahitihi Power and Paper Company. 

 Brompton Pulp and Paper Company. 

 Mattagami Pulp and Paper Company. 

 Price Bros, and Company. 

 Riordon Pulp and Paper Company. 

 Fraser Companies. Limited. 



Do you desire to pay off floating indebtedness; increase 

 your plant capacity; or acquire additional properties? 

 If so, why not let us suggest ways of financing your 

 requirements? Our Engineering and Statistical Depart- 

 ments are at your disposal. 



Royal Securities 



Corporation 

 Limited 



] 64 St. James St. , 38 King St. West, 



MONTREAL TORONTO 



