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: 



Abitibi Power and Pai^er Company. 

 Brompton Pulp and Paper Company. 

 Donnacona Paper Company. 

 Eraser Companies, Limited. 

 Mattag2m:ii Pulp and Paper Company. 

 Price Bros, eoid Company. 

 Riordon Pulp and Paper Company. 

 Whalen Pulp and Paper Mills. 



Do you desire to pay off floating indebtedness; 

 increase your plant capacity; or acquire addi- 

 tional properties? If so, why not let us suggest 

 ways of financing your requirements? Our En- 

 gineering and Correspondence Departments are 

 at your disposal. 



Royal Securities Corporation 



Limited 

 MONTREAL 



TORONTO, HALIFAX, ST. JOHN, WINNIPEG, NEW YORK, 



LONDON, ENG. 



Mention the Forestry Magazine for your identification. 



