Clinton News-Record, 1960-12-01, Page 10News From
Blue Water
Highway
Ken Hulls who has been with
the Bank of Commerce in Port
Elgin left on Sunday for Sault
Ste. Marie to start a new pos-
ition with the Bank in that
city.
Gerry Wallis received his
private pilot's license recently
from the Department of Trans-
port after receiving and com-
pleting his training through
the Air Cadet League of Can-
ada at Sky Harbour in God-
erich, He has since taken his
sister Miss Cathy Wallis and
his mother, Mrs. F. Wallis for
their first airplane ride.
f.
WHERE DID
HE GU
ME PAM?
'rimitive man was so puny an ani-
110,1 we might wonder how he got
,he skinshe wore. One theory is that
he other animals laughed them-
ielves to death at the sight of him.
3ut man had the last. laugh—by
dating nature's energy to work
he became earth's most powerful
creature.
In Canada our most important
energy Mime is petroleum. The
reason—oil is made available
wherever it is needed, the price is
right, and product qualitybas been
constantly improved, Gasoline
octane, for example, is ten points
higher now than it was ten years
ago—while in the same period
the amount Imperial receives for a,
gallon of gasoline has pee down.
IMPERIAL OIL
LIMITED
,..for 80 years Canada's
isacting supplier of energy
bank's "rest"—or reserve arc-
count, bringing it up to •a new
high of $141,850,000. This, plus
paid-up capital of $60,750,000
and undivided profits brought
total shareholders' equity to
$203,750,859.
A sharp increase of more
than 18 percent in the state-
ment's valuation of B of M
premises—from $47 million in
1959 to more than $55 million
was shown in the statement.
This reflected completion of
the bank's new head-office
building in Montreal, as well
as the continuing rapid pace
of branch extension and morla
ernization in this province and
across Canada.
PEERLESS litittity
MILLS
00'640°
/fa 'Peed OutOr4
wosour DUSTING
Cracked or crimped preln Is
mom pelatable —more Pk
geatible. Ilvealock ell more
—geln rasier—don', ge. aft
teed. Avoid wade — save
cumin rallied —get
10% to 20% belle, feeding
carpi. Crack and crimp
yout own feed with a low
MODEL AND SIZE coat Peerleas Farm or
Feeder size roller mill .
FOR EVERY FEEDER America's I relief mill.
eoom da See le
John Aldington
VARNA
Phone Clinton HU 2-3380
46 8 b
that plans were laid for doing
the Baird's 'and Cantelon's
bridges before IVIel, joined
council in 1960.
Deputy Reeve Rao said that
the mill rate had been raised
one mill this year to go toward
the grader, but even then, it
was lower than some other
townships, lie said that the
extra assessment on the lake-
side land was a great help,
and it increased each year.
Clerk Mrs. Elliott reported
that assessment in 1961 was. up
$37,830 over this year.
John McGregor noted that
one more school was interested
in joining the school area, and
felt it was a good idea--the
grant would be bigger from the
province.
T. B, Baird gave his last an-
nual report for the school area,
He is retiring after ten years
service, and' will be succeeded
by Aldie Mustard.
Menno Steckle reported for
the CDCI Board, He had been
asked' by many to give wages
earned by the teachers. The
starting wage is $4,100 and
from there on up to the $10,
800 paid the principal, There
are 27 teachers; three care-
takers and two secretaries. He
also had been asked why Ex-
eter had more pupils but only
had 24 teachers. Mr. Steckle
said the approved number of
pupils was not more than 30
per room.
"However," said Mr. Steckle,
"it does seem that the higher
the salaries are, the less they
want to do." He agreed that
it did not seem fair for farm-
ers to pay so much for school
taxes.
Reeve Coleman spoke to this,
saying 'that it was a deep qu-
estion which would take some
solving.
CKACHE
When kidneys fail
to remove excess
acids and wastes,
backache, tired
feeling, disturbed
rest often follow.
Dodd's Kidney
Pills stimulate
kidneys to normal
duty. You feel
better—sleep bet-
ter, work bettor,
of the CDCI board for the ads
ditional costs. "They have e
job to 'do." However; Mr. Rau
was concerned that for school
purposes the farmer was as-
sessed on buildings and land,
while businesses in town pay
no high school assessment on
their business, "So if they don't
we shouldn't" Mr. Rau said
they had worked through the
Federation of Agriculture, and
so far had not achieved any-
thing. He felt that the assess-
meat act must be changed be-
fore anything could be done,
"Businesses Should pay in the
same proportion as we do,"
said Mr. Rau.
Councillor Ernest Talbot not-
ed that roads in the township
had cost $48,500, the big item
in the work, and of that $7,-
650 bought 9,000 yards of grav-
el, He remarked upon the vis-
ible good results' of the spray-
ing program which this year
cost $1,475,
"By the end of the year five
farms will have been served
under the tile drainage act,
which was started here in
1960," said Mr. Talbot. "You
borrow at four percent, paying
back your loan over ten years."
Councillor Elmer Hayter sp-
oke of road work, too, saying
that they were in good shape,
and better since the mower was
used 'to cut grass on the sides.
He noted that steel culverts
had been put in his section of
the township to replace the
old cement tile.
"Council work takes quite a
bit of time. It's educational
and much more interesting
than I had thought when I
took on the job," said Mr.
Hayter.
Councillor Melvin Graham
told of replacing Baird's Bridge
on Concession 2 'at a cost of
$2,800 plus $1,200 for bulldoz-
ing. Two bridges had been
taken out and one now takes
their place. Another bridge at
dantelons cost $2,350 with $500
for bulldozing.
He noted that Ronald Cole-
man, a nephew of Reeve Cole-
man, the new grader operator
was chosen from seven applica-
tions. The reeve had not taken
part in choosing this employee.
Reeve Coleman commented
Clothes Lines Are
For the Birds!
BUY A
DOMINION
DRYER
for only
$3.50
A WEEK
or only
$189.00
complete with
Vent Kit
Art Groves St Son
RADIOS — TV — APPLIANCES
Phone HU 2-9414 HURON STREET
"Dollar Day" Sale
Another Superior Value Packed Food Sale
Thurs., Fri. and Sat. — December 1 - 2 - 3
St. William's or Norfolk
Assorted Jams and Marmalades
7 $1.00 Tins
LlbWs Fancy
Tomato Juice
Stokeley's "Ping"
Pineapple Grapefruit Drink
Swift's
12 Tempt Dog Food
15-oz.
Mount Royal Choice
Golden Cream Style Corn
Weston's
Soda Crackers
Hunt's
Tomato Catsup
Above only partial list of $1.00 Values
Many More at Store
SUPERIOR FOOD MARKET
Phone HU 240.11 • Main Corner, Clinton
24-oz. 3 $1.00 Jars
Minnetteis
Best Tomatoes
Van Camp's
Beans with Pork
28-oz.
15-ox.
Tins
20-oz. 8 $1.00 Tins
48-ox. 3 $1.00 Tins
Tins
20-ox. 6 $1.00 Tins
$1.00
$1.00
3 14b. Pkgs. $IB
6 11-ox. Bos. $1.00
Page 10 Clinton News-Record—Thursday/ Dec, 1, 1960
Stanley Township Council Acclaimed
From the left, standing are Councillors Clifford Talbot, Melvin Graham and
Elmer Hayter; seated, from left, Deputy Reeve Alvin Rau; Reeve Harvey Cole-
man and clerk, Mrs. Harold Elliott. (News-Record Photo)
Shop At Home
From Merchants You Know
A SPECIAL MESSAGE TO CUSTOMERS OF THE B OF M
What your Dollars
did at my Bank
in 1960
William Morlok, Manager
Clinton Branch
Bank of Montreal
About this time of year the
Bank of Montreal makes its Annual Report to all
its customers well over two million of them. I
would like to make my own condensed report
to the customers of my branch of Canada's First
Bank.
I think it is a report that you can take some satis•
faction in. It concerns the good things which the
money you entrusted to us has been doing.
The money you deposited at "MY BANK" went
right to work expanding, improving and financing
Canadian enterprises — small, medium and large.
Because of your deposit dollars, highways were
built, jobs were created, farms were modernized,
research was financed and education encouraged.
You might say that those dollars of yours aided
and abetted our entire Canadian economy. That means
a better future for the whole nation ... and especially
for you as a shareholder in that economy.
The Facts behind the Figures
in the B of M's
143rd Annual Report
DEPOSITS; Amounting to $3,200,419,323, highest in the Bank's
history, this money represents the funds of well over two
million Canadians, More than half of it is the personal.
savings of people of every ealling. The remainder is money
deposited by business firms, community organizations and
governments. The bulk of this money is hard at work in the
form of loans to people and businesses of all types.
LOANS: Many thousands of loans were made throughout the.
year to people in all walks of life — to farmers, miners, fisher-
men, oil men, lumbermen, ranchers;' to salaried people; to
industrial and business enterprises; to community organiza-
tions; and to Provincial and Municipal Governments. Total
loans at year-end $1,772,612,656.-
INVESTMENTS: The B of M has $765,509,855 invested in high.
grade government bonds and other public securities having a
ready market. This money helps to finance government pro-
jects for the betterment of the country and the welfare of
its eitizens. Other securities held include a diversified list
of high-quality and short-term industrial issues. Total invest,
ments at October 31, 1060 ... $983,256,199.
Whether you want to save money or borrow it for some
useful purpose, you'll find the B of Al is a good plate to do it.
So, if it's about money, see Canada's First Bank fume
BANK OF MONTREAL
.614044 9ora Vekt4
RESOURCES; $3,485,471,333
root/dog otith Ceindditmit in Ov0y tenth o/ h/ intro 16.0
There was no opposition to
any of the candidates for pub-
lic office in the Township of
Stanley last Friday, when ab-
out 25 citizens gathered in the
township hall to make the re-
quired nominations and listen
to the report of the work for
1960.
Acclaimed are Reeve Harv-
ey Coleman; Deputy Reeve Al-
vin Rau; councillors Elmer
Hayter, Melvin Graham and
Ernest Talbot; school trustees,
Hugh Hendrick and John: Mac-
Gregor.
Named, with mover and sec-
onder, in order were: Harvey
Coleman (Ralph Turner, Geo-
rge Stephenson); Alvin Rae
(Charles Rau, Phil Durand);
Elmer Hayter (Ward Forest,
Bob Peck) ; Ernest Talbot (Nel-
son Hood, Jack Aikenhead);
Melvin Graham (Mervyn Han-
ly, John McGregor); Hugh
Hendrick (E. Talbot, Nelson
Hood); John MacGregor (Mel
Graham, M. Hanly).
Mrs. Harold Elliott, clerk of
the township, was named
chairman for the meeting.
Reeve Harvey Coleman con-
fined his remarks mainly to
his work on County Council,
where he explained (since he
was runner-up for Warden in
1960) he had been on the
criminal audit committee, He
also served on the airport com-
mittee.
The Reeve noted that after
the council bought the balance
of the airport from the federal
government for $30,000, then
they sold one hangar and the
recreation hall for $18,000 and
the rest for $25,000 to Keith
Hopkinson, with the proviso
that it be maintained as an air-
port for 25 years.
Of roads surfaced in the
county, the five miles south of
Varna had cost $60,000; half of
work on the Middlesex bound-
ary had cost $95,000 and on
the Bruce Boundary $10,000;
and at Wroxeter $40,000 was
spent. The job of fixing the
foundation on the road south
of Egmondville had cost $30,-
000 and other work had cost
$90,000,
Mr. Coleman commented on
the high cost of bridges: $70,-
000 for the one at Summeehill;
$63,000 for one north of Sea-
forth known as Grieve's Bridge.
He noted that one built where
Lambton, Middlesex and Huron
join had cost $90,000, and com-
mented that it was similar to
the one at Summerhill which
had 'been built by county men
at less cost.
Mr. Coleman noted that 400
miles of road in the county was
a lot 'to care for and there
was some discussion about
turning some back to the
townships. He mentioned the
good progress on the county
Canada's per capita expendi-
ture on roads and streets is
now the highest in the world
and the same holds for expen-
diture per registered vehicle,
according to the Bank of Mont-
real's Business Review for No-
vember, just issued.
The review points out that
between 1900 and 1928, the
number of automobiles, trucks
and motorcycles in Canada in-
creased from a tiny handful
to more than 1,000,000. By
1948, the figure was 2,000,000.
A million more were added in
the next four years; a fourth
million in the next three years;
and by 1959, the figure had
climbed to 5,000,000.
These swelling hordes of Ca-
nadian vehicles—plus millions
more visitors' carse-all need
roads, within cities and linking
cities, the review points out.
70 Percent More
Towards this end, the com-
pletion of new surfaced roads
has been given a high priority
by all levels of government,
with 70 percent, or 120,000
miles-40 times the breadth of
Canada—being added in the
past decade.
Furthermore, the 13 of M
says, mileage is not 'the only
yardstick. For yesterday's nar-
row paved roads cannot com-
pare with today's wide high-
ways.
of line and it soma to me
that the top six inches of the
soil doesn't' warrant that ex-
pense, $200 taxes on 100 acres
seems like too much for ed-
ucation,"
The - reeve praised his coun-
cil saying, "I don't believe
there is a township in the
county with four such young
men like these coming along
in public office,"
Deputy Reeve Alvin Rau told
of his work on the reforesta-
tion committee of County
Council, which had only $4,500
in the budget. There are ten
separate tracts of reforestation,
The county pays half of the
cost of planting and the mun-
icipality pays half. The maxi-
mum in any one township is
50 acres. 169,000 trees are to
be planted on the lands of the
Ausable River Authority; 92,-
000 on county farms, including
20,000 in Stanley.
Also Mr. Rau mentioned
work on the equalization com-
mittee, Though this was 'edu-
cational, he found it tiresome:,
and sometimes wondered if it
were too valuable. "However,
it clears the county assessor,"
said Mr. Rau. -
He did not blame members
"In a very real sense, there-
fore," the review adds, "the
increase in mileage in the past
ten years has provided much
more driving space than the
figures of mileage alone would
indicate."
But where to build new roads
presents something of a dilem-
ma to those making the decis-
ions, the bank says. "Ours is
a relatively 'thinly populated
country and the desire to link
together centres of population,
often widely scattered, has to
compete for priority with the
adequate servicing of the more
populous centres."
By and large, local govern-
ments have paid for local st-
reets and roads—the byways of
the, nation, the B of M says,
While the much more expensive
inter - urban highways have
been paid for largely by the
provinces.
Ever since Confederation, the
federal government has come
into the picture,. too, although
federally financed construction
was on a comparatively small
scale prior to the Trans-Cana-
da Highway Act of 1949, the
review continues.
Open Coast to Coast
Now, a decade later, the
Trans-Canada Highway is op-
en to traffic over its entire
length from St. John's, Nfld.,
to Victoria, on Vancouver Is-
land, with the single exception
of a 90-mile gap in the Rock-
ies, and this gap probably will
be closed within a year. Nor-
mally, Ottawa pays for half the
cost.
In addition, in 1957, the fed-
eral authorities launched the
Roads to Resources program,
a cost-sharing arrangement to
help provinces build roads that
otherwise would probably not
be built at this time.
Thus, in 'ten years, road ex-
penditure has multiplied three
times over, to the point where
we now spend more per person
on roads than any other people
in the world, the B of M re-
view concludes.
Ratepayers atm 11: led In Stanley Township
"MY MN
10 2 CANADIANS
New records were set by the
Bank of Montreal for practtia
cally every phase 'of its 1960
B of M's annual statement for
the year ended October 31.
The figures were released here
this week by William Morlok,
manager of the Clinton branch.
Commenting on the bank's
143rd year of business, he
said total resources reached an
all-time high of $3,485 million.
Deposits were reported at $3,-
200 million, including Cariad-
ions' personal savings of some
$1,655 million. Loans stood at
almost exactly the same level
as the all-time high of $1,772
million set in 1959.
Strong Liquid Position
Traditionally, the B of M
'statement shows a strong liquid
position, with "quick" assets of
$1,771 million representing 54
percent of total liabilities to
the public, the manager said.
The figure compares with 51.6
percent a year ago.
Earnings for operation of
more •than 840 offices at home
and abroad added up to $31,-
578,780. But with an income
tax bill of $17,352,044 — or
55 percent — the year's net
profit was $14,226,736. This was
$2,035,676 more than in 1959.
Of the net profits, some
21,000 B of M shareholders
are receiving $2.00 per share,
or a total of $1Z148,167, or
$5,203,877 less than the tax
bill,
$2 Minion To "Rest"
The 13 of M statement shows
transfer Of $2 million to the
home, and that investigation
was going forward about a
change in handling libraries,
Concerning the township, the
Reeve noted that $18,200 plus
the old grader had bought a
new grader for Stanley, and
he felt it was a good purchase.
The last two graders had each
lasted ten years, and he felt
that was a good life for them.
Also the township had bought
a used tractor, mower and
loader for $2,500 and he felt
it a good buy.
He noted that fire protection
arrangement had been made
with Hensall arid Zurich for
the next year, and mentioned
that newspaper stories had
warned that Clinton planned to
raise the retaining fee from
$100 sto $250, but that no of-
ficial notice had yet come to
the township on this. He felt
the price was out of line, but
that there were four townships
involved and "no doubt we'll
come to some agreement".
Mr, Coleman thanked the
CDCI Board for inviting him
anti Mrs, Coleman to the offic-
ial opening and dinner, and
said, "That's a swell outfit, a
good high school. But in my
mind, teachers salaries are out
Bank of Montreal Sets New Records
In Nearly All Phases of Operation
ATTENTION
Cream and Egg Producers
More Dollars
for Your Cream and Eggs
We Are Paying /0C For Cream Delivered
Also Premium for Delivered Eggs
Canada Packers.
CLINTON
Canadians Spend Most on Roads,
Five Million Vehicles Used in 1959