The Lucknow Sentinel, 1962-11-28, Page 7h, 1962
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WEDNESDAY, NOV. 28th, 1.062
LUCI NQW SENT'INEt,, LUCIENOW, mum=
PAGE =VW
Easy To Dial, Must Be Dona. With. (U•
re
st Poiflters To. Mistakes...
Telae diai. equipment that will o :on the line almost,' mediately
go into use in Lucknow Sun< after you lift the recoyver. How
day win prove .to be the Per,- ever, sometimes when . an un -
feet
servant. It; wall , follow the 1 u sual number.. of calls is being
caller's orders . Ito atahe, letter '' pled the tone may not be
orer:..�Uie number. It won't heard - for several seconds, If
question us judgement; Like The you begin to dial before you
good serval* : it.. is, it .win; as- hear the tone, some of The sig-
rune that his. -instructions are nils seat Out by the turning
correct , and proceed tO . carry`, dia3, may not be transmitted .to ;.
*bean out quickly and efficiently. I the switching equipment and a
This .means, of course, that the !Wrong ouuaber, or no' connectson
caller must dial the number : be at all, ;Can result
wants in a correct manner or I 2. Allow the dial to spin back
be :will probably not.. obtain' the by tse3f. i)ori't leave your fin -
1
3•
it
is
TesUits ,he is., expecting. •, ger in !the slot or attempt. to
It's ,easy to use the dial tele -
•hurry ' the dial' back. The dial.
but tthere ' are certain 's as ahged to .returaa .,a�itomatic-
ne' ally. at. the speed needed' to pass
errors• which' crop •up frequently.
enough that'Bell Telephone'of- along the information to the dial
fi
teials feel -they are woat$1` equipment.' If The motion. is in-
drawing -to the attention , of tele-terfered with, you may obtain
phone users generally at this
a wrong ,.tnuiinber.,
Vie • 3. Pial each ..lgure carefully.
Be ; especially; :careful not to are some pointers the, transport figures. ft you are not
]13ee11 provides ;about how to'
. of the anuan$ser, book it up
1u .against these mistakes: and jot It down • where it will
1. Wait for the dial ton, Like be available ffor • future use.
the- 'number, , please" •• of. the
manual system, the dial tone. • Work on a new $40,000 Citadel
is': the equipment's way of tel- ; and Salvation Aritny headgiiart-
h ug you lot is ready to take' err iia Wingham is' expected to
the call. 'Normally. .st . is 'heard start in the New Year.
CE
•
ESQU! ALTGRApDA1'E.
P.O DOUGLAS MILLER
Petty Officer'" 'Douglas Miler,
soca of Mr. and, Mrs: Alvin Miller
of Strathroy and formerly of . this;.
community was among the 33
naval apprentices who graduate
ed from the. Naval Technical
School at. Emuinnalt, B.C.'on
Friday, NNToveoaber 9th.
D ,aglas ' ns a :grandson of •M
r
s.
Joht�n
MillerMi. of Lucknow, His
mother is the . former Bessie
3 Purves. ..
is
I,
NEED MONEY
You Pay
You Receive ' •
Monthly
Principal
4 . Intered
$ 1600 $40.08 60 Months
2000 " 50.10 . 60 Months
2500 62.62 60 Months
3000. 75.14 6Q " Months
ha...us
Business Loans against 30 60 90 day, Accounts
Receivable Capital ' Loans To Businesses
Special arrangemtents Made on larger loans, up to
$250,000 each
Phone FR64324
I BLUEATER ACCEPTANCE 'LIMITED
•
937 -2nd Avenue, East, Owen Sound.. Ontario.•
Local Manager Reports Busiest Year In
145 Your History Of. Bank Of Montreal
Coast to coast in Canada annual statement for the year,.
and abroad T-- the fiscal year ended October .31, ' he. said B of
just ended /has been the busiest M . resources climbed beyond the •
in . the Bank of Montreal's. 145- $4 'talon mark oto. $4,015 mil
year history, according to ' Mil= lion '-for the fust time' at ' a
ton . Rayner,_ manager of the, year -ends
Luck now branch Loans of .-all kinds, to individ-
Commenting on tine bank's tails, businesses and 'municnpali-
Here is a concise summary in lair'
language of how the B of M stood at the
year-end on October 31st.1962/'
WHAT WE HAVE:
•
CASH:T 13 ofMbas cash ffi its wanks
and my on tet wit the Bank of
Canada and other b®mks amounting _ to
'CHEQUESand __
otiDea' items .ra
athe,net amount of else's
moving betooan,baaach+es of the Bank and
'Arno.the--B,- .Of ,M --bcs-oa-
siocoiantof ,Cesium:is" ' ti8 :
INVESTMENTS: The :B of li+t a
iaosititto dawn& insestineons
inear bids i hili bate
a Wady market. Listed nein`•' a Bank's bks
at'amioraiied value. they amount to .
The B of M has'other ism -in-
cla a . divicasiBeel list of
ShOrt4cnaissues• hese ixawesremi5 ado
carried at -
. CAU.t_OANNSThe B M',1nas can loran;
which: are fly plod ity. qu-
able securities. These loans mom to
QUICKLY•AVAILABLE RESOURCES: The
' . limed' above COM 47.S% of .niil
that the. Bad owes to the public. These
"quick,assets" atm. to .-.
LOANS= Dmiats trice ,yeat,, altilkorts
,aoeat='a >t to' limitless =4
dastn al wtespiiss liar tatiduction of elye7
kind --tto ,fatrmers,, ' fiishen'oCR4, , oilmen ,
Iimberiaea and r =tio
seas lid 211 remits of'life» .ate to conxtr
'and to awindial and rd►
govierameats. These loans anima:at to
MORTGAGESamdIT;vjpo:hol!s.iiitstOcHil under
the Natimil . Housarug �
'MORE adoM es tic
BANK BUILDINGS: 'Iry hamlets, yill*pes;
Wiens and Lame cam ford coast to coati
1hC 11 of lam. tents� ��s
at $00
XTh00. e Vihie of the banZangin
by the Ban wvia ' Larraint.and
Web a.
i$ sho+vra'om �
OVERASSErtitilese yreitaiBettt
biomes, of castomes for
takide.lay the Bank co their hdsa'IL cMale r
.1 diasnestic 'trade transartionis
TOTAL RESOURCES .. HIEHI. TI9E +$ lif I41S TO
MEET ITS TI '/.•
Id
•
S 329JJ65,342
112,094,335
742,30,080
226,$:32.363
218,509
51,,819,73'',$89.
SE „S25,610,590
22464066
63,,,,1133
70,.,1860
$405J64„ 6,
WHATWEiOWE:'
DEPOSITS:While many was tib man-
nfactinem naeraltonts, turners and • people
in every type of basin= have u.s-.4 1'
deposit' s with the B of M, about half : of
the.die money on deposit with the Bank is the
s savings of private mein_. The: total of all
depositss is.
OTHER LIABILITIES: `Mscdlaoeotus. beats.
Malayfementatiaa:commithmeats under-
taken by the Bank on behalf of customs
in their foreign and domestic 'trade 'tians-
1$131Z,5675,4349
90,467,309
TOTAL OF WHATTHE B of;M OWES ITS .DEPOSI-
• . TORS AND OTHERS . . 13;,603,031 X36
TO PAY ALL IT;OWES, THE B of IMI, HAS TOTAL
RESOURCES, AS SHOWN ON THE. LEFT SIDE
OF THIS STATEMENT, AMOUNTING TO.$01.5.164,476
WH.ICHTMEANS THAT THE B ..of M HAS RE=.
SOUR:ES,OVERAND,,ABQNE WHAT T OWES.'
AMOUNTING TO . . '. . - . '212.331,93a
..
This 5g re
of $'212,131138 is made up of Monty sub-
scrll ed, by the sloe holds s. and, to some extent, of
earningswhich have horn lime to time been ploughed
back into the & sincss. to bfoQden the Bathes does•
and to give added protection for the depositors.
.
'MILTON •RAYNIFR;; Mane.
CNHAt U HS um Warr WAX O LN inner 1$17
•
MILTON RAYNER.
ties, set a new. record at $2,2.99
mni'1noai — 1733 . per cent .eve' '
the 1951 ' figure and deposits -
reached a new peak of $3,715
lio • . the maker said. The
deposits ' -figureinct'udes $1,634
million ion . of Cansliliarn4 personal
savings,also a. new _high
Earnings Up
The 'bank's earnings set a 1TheiW
record, the inarn gt re- •
ported. Net profit' for le year
was $16,013,512 for :. operations of .
thelocal branch and more than
$00 " other offices at 'how . and
abroad. Hower, this t
was earned . only after: payment .'
of income taxes' of ,$18„353,442 —
14.$ per cwt more than the ,•aaelt
earnings . ,figure. .
• =OS Skureholdess
The B . of Iles `27,000 _$nare-
1 oEens are 'being . pail dividends . .
tottallinag$1:10 per share,: for a
total off $12,757„508, , or $5,595,$42
less than the 4az bilk .•
The B of . lIf ager . said ;
quickly available es
$1 Million„ or 47.85 per Cent' .
of . oh e . bank's public liaba . .
of $3203 million„ compared with
a 54.56 per cent in 1961, and.
protvndi ng further • evidence a'
the, heavyCredit demands made
on the bank daring the 'pier.
Valuation off bank premises
shown at $65.678,133, ,133, compared
with 653,067.,933 in 1661, an in-
crease of 4..46 per cont„ and , an .
iindncatnona of continuing. branch
.mtnodea>tinaattuon h
this province and eLewheie m:•
Bir
HI b Y . an Br ace&:
Genal uttal gen. may, No-
' . Ha, 1BHu ' do ; : and'
3m Kent .Hem. ,a ,a bre
for Illezttherr' and Shecry.
Altarm in Winging= Gernesid,
floe on Tuesday. l!6oaeher`
IUttin., .lam,... to 36. and 31fcs.
t aset a.ilialtber ear '
• 'I'`.. Lay..
• 1.