HomeMy WebLinkAboutThe Lucknow Sentinel, 1930-06-05, Page 4:1:
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T A autio g'i h 1:910.
.R`
EntabU, h d .118.17
:. , understandable � -crrtn,
es�nta�crn, �n easily u f
of the Bank's:..
L
3Oth April
1930 ,.
Ltikjiii•
tr.TIES
, IABIL XT ES TO Hi PUBS, C ,•
iia, • ,
-payable cs deorand 4nd after „otiot.
- Notes of the Bank its Circulation .. • , •
Payable on desnoul. ,.
• Letters of Credit Outstanding • •
4 'bina:feed mpossibilities undertaken on behalf of utttoms,s�i inn.
Menial transactions (See o peetiug amount (x). sn kesoiircc, ;l.
Other Ltalitlittce . ' ' .. • .
hence' whichdoriot sown ander he fbngoinng betiding:, including
' 'Si000 oow'; drosses from the neon Governing under. The
Tota+. Liabilities. to the. Public : •
IABILITIES TO HE SIfAREHOLDERS
Capital, Surplus and. Ut diivid'ed Profit.
& Reserves for Dividends .- • •
w ..Ziiis ammmt 'represent: the shareholre►t' interest 'in the Batik, over
,which liabilities to she public lake a ecedence
Motel Iaabiliaa y . * •
r
Id
RESQ V ICES
TO meet the,,$ot-egoing Laabalities the Banl(has
•.' Cashia its.Vautq :and -lithe Central Gold Reservi
Notesof and Cheques on Other Banti . • . .'
Payable in cath on pmentation, •
Money on.Deposit:with Other Banka • •
4railable on demand
Government & Other Bondsand Debentures.
Gikedge'Secwities practically all of which flatus at early dates
•.
•
•
•
>$ 688,067,754.7
38,473,,147.00.;
10,941,971.37
8,745,783.97'
• $ 746,228,657.12
fi4f$�::ui.:a
• ••
1C61wair and industrial. and •od,er'stocks at oi,below mar4et4,vaLw.
Ca{t. Loads Outside of Canada • •
Secured by boils, stack and other negotlabk..securities of gnats'
value than the loans and representingmoneys quickly avaitabic with
no disturbing tjeet on conditions in anada .
Call Loans in Canada • it • : ' ,, 27,460,856.27.
Payable on denuded and soured by bondr and ttockr of greater value
than the,loans.
TOTAL OF QUICKLY AVAILABLE RESOURCES
(equal to 51.0-3 of all'Lrabilities to the Public)
' Other Loans' • .. . • •
To manufmturers fanners; 'merchants and when, on e
•.• sister!: with sound( eking. '
Bank Pretm;ses . . . . , . . • • 14,500,000.00
Two properties only are tarried in the names of &Mirraa compm' kr -
the stock and bonds of these companies are entirely owneWby the Bank l
and.appear ear the books at $i.oa in each atm.., AU other of the
Banks premise, the value. of Which lady. exceeds $z4,300#0oo, etp.
pearunder shit beading: •
Rayl Estate and. Mortgage" On Real Estate . •.
Acquired in ,ebe.courseofthe .Bank's hairiest and in process of being
realized -upon.
,
x Customers'' Liability Under Letters of Cresdit . • •
Ref:moats leabiiities of cuttomen on account of Letters of Credit issued
by the Bank for their account.
Other Assets not Included in the Foregoing
Making Total Assets of ' ,
to meet payment of Liabilities to the Public of
ging an excess of Assets over Liabilities: to the Public of
76,370,991:11
$ 822,599,64843
1$ 94,421,408.82
'• 45,507,317.11
15,44,29339
121,661,712.27
922,08790. .
68,028015.57:
. i•
$.373,450,296.33.
417,998,828.93 ,
•
PROFIT mrd LOSS ACCOUNT
%silts for the half y..r ent4 3oth April, i93o
Dividends paid or payable to Shareholder $2#i61#586 .99
Provision for taxes Does iiiemGovtrhment . 2YI►,14'794i
R+tsetvamon rot flank Premises . 60o,000.00
Of profit and Lou. Amens, October 3su. 1429 •
of Profit end Lou owed forward. . ' .
0 n' ••
1,930,456.44
20,941,971.37
3,778,095.16'
$ 822,599,648.23
746,228,657.12
$ 76,370,991.11
03443027.87
2,997,5611i.44'
545.43'-i3
8
itThe strength of a bon& is determined by its histo?» its polity, iU mandgernent
and the extent of its resources.. For 112 years the Bank of Montreal has
been in the forefront of Canadian Finance.
P(iblished .every 'Thursday moil
at Lucknow, 01tarrio•
4. D. MacKenzie, P'i'-File ,e ry
• . at►d Editor. .
THU1'`DA1it
JUNE 5th, 1498% '
0111;. LIVE STOCg:'IMYOIi'iS•
Eleetors'•will do, well to accept w.ith,.
caution the statements : which will. be'
made by party'.can}palgners and
party literature in the course of Abe
election.eampaign:whith will. rage in
this. country until Election "Day
July 28th. One ,.must "be careful to
hear the ether side .of the story, for
much that will be said. will be'intend
ed to mislead, not to •inform. -
Bere is, an: example:-.
.it is • said that "We Lplport every
year $2,718,000 .worth of •live stuck
of a class,,or .•kinds such, as could:be
grown in Canada1' , .
The statement is . made for the
benefit ot the farming community,!,
and is intended to convince the far -
•mer that this importation of live
stock ought to be . prevented : by a,
tarriff which •would thus protect the.
,fernier, and the implication- is that
the.. government which permitted this
sort of thing is not..friendly to the
farmer and should riot : have his sup-
' port.
The: statement is quite true, but
without explanation it is net, only
valueless as information : but it is'
mischievous and equivalent to an , ab-
solute falsehood,
Let us analyse the••-iniports of live
stock which the statement leads us'
to believe is so 'harmful to the farm-
er•
URA+..,•SCHOOI• REPOR'1,,'1.'• Edythe Johnston*: Harvey JohtOtot
Mabel Johnston: Harry' Ca;ter,
St. ,. eiens
Jr Room _
Da}ly harks
Sr -^1'I .Possible Marks -1191-a.
Miller 1101; N. Weatherhend 914;
L. Miller 902: K. Thom
Jr, iii ---Possible Marks -#4084-J,
Forster :922:• N. McDonald 851: F'.McQuiilin 8.20. • .
►II'.=.i'osyibleSN,an
1004: A. Miller 80:3: R Cranston 8'00,
I-Possible'•Marks-1039--G. Wea•
therhead 988; G, McDotytld• 954: P.
Darin n 36: 1I. D.' 753: H. Wood's
Pr.7-Possible ?l'1arlcs--.LR^ ,I • .Frit
ebard.488 1 A,tr heson -435: A.• Ms
Donalst 388; R Webb 358. '
A.. Dori, Wilkinson •
No. , on, Roes. 21., Ave.. Att. X20
Vera 'l'URlrl
Printer=- food -Melvin. • .Iotrn-,to :
Eileien Johnston: Weir Eckenswilr: _.._.
Bii3te 1toss; -
' Those marked .() Were,absent i•.. "t
of the month.,. )Helen L. Thom peva.
S• .S. 3. Wemt Wawanatsh
• ',Ir.' iv Jean Purdor 'i:l: Robert
McA1l aster .70.
Sr. Iii -Joe Fortin 04. 11ta l trislr•r'
60*; Elwood. , fowler. 58'+': l+ r div t
•Dprnin •3l•*. •
Sr. ,11-lric!loti' ilurnln 88: Brit i
:Fowlt r 71.. •' .
Jr..'1•-'i1.tt;itld few, In- BO: 1,14: it
Foran Oil,:. . °.
Si l "l..no 9'otgit,.
.lr 1 -« Roy' 1'O\ 11'r, N'r, rt't:.lt'r1a; A:
• •'f1ls`le •itsst k nl (*'), m4ta4i:i' -Unto • or
metre •t!.vt'l,ln1%1.tott1t. •
No, on ru11 13. ' ..+1vn At1:; '.11.41..,
• •t1 1:11'ki ..,. Yia,ll bNl res '�.
. -' ^-hall Ii.,,,;,. , '.i•
114,0,; l'!r lin i.lHlbt;l:, 0'040i'I141 4
Ilia
1*I:�tli Ilji arid'`: i�Htl�i,4111q{t; k,Ar.
The Mttr10 t •
o'Of!
S. R. No. , 3, Kinlo s • •
Sr, 1V -luno' ile (1u1.] till• • 65'{ .
Jr. IV -.-Mabel .'Rosy 751/4: • iron:
Johnston 65; Gute.e M( Pherson 51* •
Maurice Hodgins 30*. • Mabel 'Hawk
.ahaw 15*: . .
Sr, III•-1.na' 'Eckenswiller 61'"; Cur-
rie Colwell 30* R`rlph 1iod":I s 28*.
• "Johnston
jr. ' III-- Four .In y , Johnst
i,
Norman Rossi Ines Carter*: Gordon
James*:.Levi C;irter*.
II- Class-Ex.-iStnnlery, 'Johnston:
'1'tt't:,..,ttttlt 1'1' 1t1,.,lt., +t1'tntf I`ltii't,
ub'y sin:,44 a., it�t, ii�t•a�`'Pt3trt't�'a 'up tt t '
raoitn ttntt.'t t>lar�".
It n1wat�v itt4:l ' sr 1t;ttctt !i%i e r +li
de'vin*-e pt Nap tt+ tt ti:'�14•as Cu :riot 4att�i:.
"Good -Grant F.ckenawillcr, t4'air*. war.,
According to, the trr►de returns, .of
the, imports referred; to $1,565,000'
worth consisted of 'animals brought,
in for . exhibition purposes, ineluditig
horses . for racing, and live, animals
in a circus.
Do farmers object to any • of this
importation?
Another item is $693,000 worth of
_pure,^ hied stood t -for_-hieeding-parpos--
eg Fariusers -will not object •tri that
item, because, they da the importing
therriselves.
Under ,the head of common` ;live=
stock there is imported $180,00 worth
'of anitrAls But of this $145;000 worth
are horses, high-grade animals, main-
ly for breeding purposes, but not :el-
igible for registration as pure bred.
We don't think that many farmers
will object, to Ova importation, '
But still there is :a balance' of some
$278,000 worth, and. it' must he this
that does the mischief. Let •us see.
This item its .made up of importations
of bees.: foxes, leaches, pigeons. tur-
ties, gold fish,, and there were two or
three lions,:a tiger rind 'a camel.
Now you see how much damage
this importation• of;'$2.718,t100 worth
of live stock "of a kind Such as could
be grown in Canada" does to the
farming industry: And you see also
hew •a .perfectly true statement may
be an absolute falsehood, or at 'any
rate le•;ive, an' absolutely wrong im-
pression. •
This is the sort • of humbug in which
politicians indulge. • •
PASSING COUNTERFEIT '
• U. S. MONEY
It was reported .in the press last
week that' . counterfeit • ane and two
dollar, United States bink notes were
being put ,in circulation in. Ontario
and Quebec. -_the imitation is said. to
havebeen so well done that:even an
expert has difficulty 71n distinguishing.
the had from the good notes
The distributors of these Counter-
feit notes doubtless selected • this
part" of CanadR for their operations•.
because of the readiness of business
men -here •to accept American paper
money at its Nee value. The generdil
desire is to use our vitttors and tour-
•ibis Well, to make them feel that :they
are welcome. and one way to do .this
is to 'take the money they .tender at
its face value. Ilowe Ver, in order to
be fair to ourselves we should lend
our Amerienn visitors to un'rleratnnd
that. we prefer, Canadian to• United'
Staten money. and that they should
provide therietelves with .t supply of
our currency at the, border. Onr
banks have minuted a policy of dis-
counting United' Stntrg notes by one
per hom-
iness mon itso hat to. the ten -dollar Ute'1S.n bank
note is worth only $9.00.
To this inconvenience mu'itnmv l,n
'added the danger of having One of
throne counterfeit notes passed, tcri
that the need of virsitors from the
South furnishing themselves With
Canadian, currency is greater than
it wont before. •
The argument' put forwe rd by ,one
gentlemnii that United .yltriteq money
is the best in the world, bo'nuse the
United States 14 the r1ehest country
10 the world ioeart•'t go et all.
LCCKNOW and W 1 NGH A lit
Monumental ' Works
• ass alis largest and most eoanpleto
atont in tie moot beautiful • design*
wl'sl'toasi front, lel
1l.rld4latch, Swedish grid Cass.
ads.* Granite*"
. tui'. Mike to sp.dalty of Pamily,.
'ilitieutn.sa and invite your i'napo~:e-
thlik
•
b11rfetiptid as 1 h1'attly, Carefully and4
Pitninpt1y' pont.
alto• sur ib•ford placing your order.
IC INClitltt l ll►G7;
FRONT HARD :AR
CLEAN OF ',•
PAINT IW
JUST'AR'RIVFDD,.
FRESH SPRING' STOCK OF .51AR'I'IN SEN'OCH. tinsi*n 14.1:[tl
PAINTS AND VARNISHES AND. LACQUERS.
1
�IV.1.Ull'ESCO_1N A'L SII IDES. -
FULL 'ASSO1'.'%ME iT OF PAINT BRUSIIES.ON l kND.
8
RAKES AND . HOES'. GARDEN' CULTIVATORS
COIL SPRING WIRE IILACK WIRE •�
ZINC .INSULATED WOVE' 'FEN(I.NG
• \• .
•
CALL IN AND SEE THE NEW FRIGIDAIRE. . AUTOMATIC.'',
REFRIGERATION FOR THE HOME. EQL IPPED Vt'1Til BOTH.
"FRIGIDAIRE COLD- .CONTROL" and ' DRATOR".
JUST UNLOADED
FRESH CAR OF PARISTONE, LIME AND GYPROC
ONE ONLY, SECONDI i1AND REFRIGERATOR IN GOOD
SHAPE.
RAE And PORTEOUS,
PLUMBING; HEATING ELECTRIC WIRING AND COAL.
...Phone 66 • -• -• Lucknow
Build with Gyproc
a
j;IRE can 'hurl your
home to destruction 1.
unless a fire-resistant ma-
terial such as the new
Ivory coloured Gyproc
Wallboard is used in its
construction.
Inexpensive, per'ma-
nent, easy to apply, Gyp -
roc Wallb?ard does not
burn. -It is exactly what
you want for fire -safe
walls, ceilings and par-
titions whets. you build,'
remodel or, repair.
Visitors over: on "Decent:10di Day" .
were Mr..and !Mrs, Moor's Griffin rind
bAbe, the Metiers. Len Q'l•,acrg,)i'lin
'and George Drennan rfnd Theariorc
Foley, the Miurean Margaret and
fielena ,Poley. Mists 'Batty O'Connorand. Mr, Pete Murray, 'Mr. • Furl rived
• '/,ella MacM.tmara, Mr, and Mrs. J.
McXer0i,'irr and .then Miaaey We; stt4
Toots Melt;{nvi'e ;incl Mr, (;natal+
Moyle, all ref rvt:t.rntt, Mr. l0d horror
and Mr. 1. C., K'•satte. ref iiatlrl:item
also ni`s:. won,: l - lta.n, 'Mien. Mot?
and Mrs.' Vii'tt' O'Reilly of Iistlr''.)r.
A verb )owl tomo ants hei4i in MP,
logehridpool-d a i4 r ir�sr l�• Muret V11(114 t#
f rebel
spa'
supplied .the rr,'ixi'•,• tits tate tee
�.
our ,nes tiet,Iy�� rittrfi?ds)ori no.
Mr, ere au• (t'1 e4fe f•rd 0, I,
eneeea55 rtt 1be 1,d>swrixirr t:rr)ve-rstiry
_WhTf'ti'.' i3 (rraastrrrr1a7r1' _Frye tito?; .tFra
hivht• )14'rl'rret• MY', (tylgeifc l3 one 4.f
tery,fe*w •veld, Was entelee'i Vs#' lle*r/l.
for i,• Arra #1•014# 01 rbc a. e
rdint'eetl, We with 'Toni the same inn.
641.0 when he 64,thriftWO hit itt�rdlle'a,
at tilts 4tellftxt'? its tiro l011..
trendlur, Bros. - R. A. Sponte.
FliOtta 54 phuwi 2!'t$ .
G1;d tte► Winrbvitw
There's considerable differ'en c' in
woekthg rapidly and worhir.g ;la a
' YasfiNv' ,
.oe
ite,fait,itosou1 •t15alitdao'
'airy le.iving Toronto
y at91«36 p iaa o rM nand,'
itotititiontatittokkreno,
SRaaltitoo `Edmonton, Ju.
s*n4 aVt - . ver.
i01110Aliftt
Rsdio • sd ulpped enmpar t
_
# e►t 664416raticf-brave _:
tltft +[err WIt Vater WO
• a tw5kandaard8$ee' tattCait tt,
'ituirlatii leap ing Fare, Histo .
Ing Cite and Coaches. •
ra'.liiaitrarr+}}y±!!t
• l
or
Ask riff dealer today
•for full information on
Gyproc Wallboard or,
mail for interesting free
bO&C, "Building and ' Re-
modelling with Gyproc."::
GYPStRVI;'LIE AND
ALA13;ASTINE, CANADA.
LIMITED
Fads • Ontario
a.
2$d
I ileipl ool Wallboard
Wt i. aliliareli &Sort
iii Porteous
ate' gate Bev
foreknow, Dila. -
tockncw, Onto,