HomeMy WebLinkAboutThe Exeter Times-Advocate, 1932-12-01, Page 2THURSDAY, DECEMBER -J, 1932*
au
GREATER CONFIDENCE
JUSTIFIED RY RANK OF
MONTREAL STATEMENT
increase Reported in hold-
of Government and either
Grade Bonds—Tojta.1 Assets
THE. EMIER riME^AftVOC^xk
(*.t
which will dm held at the head office
of the Rank ih Montreal ■on. Monday
December 5th,
DON’T TROUBLE
Don’t you troube trouble
Till trouble troubles you.
Don’t you look foy trouble;
Let trouble look for you.
Don't you borrow sorrow;
YouTl surely have your share.
He who dreams of sorrow
Will find, that sorrow's there.
If care you’ve got to carry,
Wait till ’tis at the door,
For he runs tp meet it
Takes up the load before.
If minding will not mend it,
Then, better npt to mind;
The Fest thing is to end it,
Just leave it all behind,
Then don’t you trouble trouble,
Till trouble troubles you;
You’ll only double trouble,
And trouble others too.
—Mark Guy Pearse.
MESSAGES CA$T QN WATERS
BRINGS REPLIES ARTER
MANY DAYS „
MohtresU Novemer—‘Reports of
new fad caljecj
reaching, Canadian National Steam*
ships headquarters here. It seems
passengers visiting the Caribbean
Sea aboard C. N. S, vessels are
heaving bottled messages overboard
and waiting long months for roman
tic replies.
One New Brunswick boy ‘got bn
answer from an American girl who
found her buttle on a coral beach
in Bermuda. The same bottlecast-
er also got a reply from three boys
who rescued their bottle neqi' East
Point, Prince Edward Island.
Recently a cheese» manufacturer
Offered a powerful inducement to
correspondence. His bottle ' was
found by a light-house keeper’ and
he
er
a
"bottlecasting" are
was obliged to present the keep-
with a fine cheese.
WISE CRACKS
Money talks, but it never givep it
self away.
It takes two to make a quarrel and
by the strangest coincidence it also,
takes that number to get married.
—————t—,...
There is no rush for the new liquor
permits just issued; a strange con
trast as compared with a few years
ago. Lack of money is a great
teacher of temperance.
Is business degenerating into
series of contests for prizes?
would appear sp from the .number
being held. Of course, business al
ways was the greatest contest in life.
’ The man who- is always in hard
’luck is usually the one who is al
ways looking foi' a soft job. A
travelling man said: "The only or
ders I have taken for a week came
from my wife,"
a
It
NEW SERIES OF POSTAGE
A new series of Canadian stamps
goes on sale December 1st. The
w ______ Quickly issue will comprise seven different
Available Assets are as High as denominations. x
$439,768,506 and are equal to.4-cent, 5-cent and 8 cent values will
63.46 per cent of all Liabilities to'bear the portrait of His Majesty thd
o m__ _________ “RHnoT whilft thp 1 2-nAnt Rtamn will
Marked
Ings
High
Stand at $769,166,272 The 1-cent, 3-cent,
Public—Excess of Assets over
Liabilities is $76,160,954.
Featured by unusually strong
liquid reserves and affording every
King, while the 13-cent s^amp will
be a double size pictorial. Remaining
denominations will not be changed.
reason for confidence, the Bank of CHATHAM HOLDS PUBLIC
Montreal annual statement makes ,
its appearance at an opportune time.
Financial conditions, not only in
Canada, but tt>r»uBhout, the ! hange4 hlgh a caatham street
have corner. The tolling ot the old tire
. Qn..Bf3pf.-on ,hat;bell, shrieking ot sirens,-playing ot distinct feeling of satmfactwn that & ». ent»us.
the
HANGING OF ‘‘DEPRESSION’’
With fitting ceremony and jubila
tion, "Old Man Depression" was
■ the Bank of Montreal again reportsto its shareholders the maintenance )asm; marked the death ot
of its usual strength. I sp c * *_________________
As was to be expected, due to the
lessened industrial .activity, there To DIG up BURIED BONES
has been a slight falling off in a
number of the accounts, as com- .Montreal, November—There are
pared "with a year ago, but this has' possibilities of the Island of Cape
been very moderate, in view of the Breton, Nova Scotia, entering the
general conditions. On the other arena as a' fossil hunting ground,
been very moderate, in view of the Breton, Nova Scotia, entering the
w-___ On the other arena as a’ fossil hunting ground,
hand,"there has been a marked in-. with the finding of what appears to
crease in the holdings of Govern-[be some huge fossil bones on a farm
ment and other high grade bonds (near Sydney,. according ^officials
and debentures. ” ~ ........................
Total deposits
tisfactory level,
$.600,000,000 mark,
loss account shows profits for
year considerably below those
ported for the previous year. They
were, however, sufficient to permit
payment of dividends and other
charges and provide a further addi
tion to profit and loss account.
Large Liquid Assets
The annual statement, which
for the fiscal year to October 31st,
and is presented in easily under
standable form, appears elsewhere in
this issue. It shows total assets ot
$769,166,2*72, a compared with $794-
523,333 at the end of the previous
year. Included among these are
quickly available resources of $439,-
768,506, equal to 6’3.46 per cent, of
all liabilities to the public. They
are up from $ 417,403,5 03 a year ago.
The principal accounts in the quick
ly available resources are represent
ed by government and other bonds
and debentures,'of a value of $26i6,-
729,664, up from $1236,433,817
•year ago. Cash on hand and
Central Gold Reserves stands
$84,976,182.
During the period there has been
a steady reduction in call loans,
with the result that call loans out
side of’Canada are down to $20‘,0'71,-
135 from $28,252,802, while
loans in ’Canada now stand at
157,690, against $9,24(31,921 at
end of the previous year.
Current Business Quieter
As a result of the lessened activ
ity in industry and trade generally,
current loans continued -to recede
from the higher levels of more ac
tive years and now stand at $30’2,-
931,269, as compared with $348,-
-5'25-,148 a year ago.
Deposits continue at a healthy
level and. would seem to indicate a
desire on the part of Canadian de
positors to maintain ample savings
accounts during difficult periods.
Total deposits are reported at $648,-
83(2,6’63 and compare with $669>047,-
251.
A particularly interesting feature
of the report is that it shows total
assets of $769,166,272, with which
to meet payment of all liabilities to
the public of $693,005,318, leaving
an excess of assets over liabilities to
the public of $76,160,954.
Profit and Less Account
The profit and loss account
continue at a
well above
The profit
[of the Canadian National Railways.
sajSome years ago a huge skull, believ-
the ed to be part pf mastodon remains,
and
the-’
re
sa-
SWIMMING CHAMPION wed
George Youilg, Twontp swimmer
and Margaret Ravjor, Olympic swim*
mer and long distance aquatic Stay
were married in Philadelphia on
November 23rd at the home of the
bride’s ancle,. They will, reside in
Yeung’s heme in Toronte presented
to him dftey he won the Catalina
swim.
I DARN AT WINGHAM
, 1$. RAZED BY FIRE
Fire of unknown origin about <
o’clock totally destroyed a large-
barn, used as a garage and owned
by Jack M. McKay, and completely
destroyed two automobiles in it at
the time. The loss will easily reach
£2,000. ' .
LIFE AND DEATH
he died for his, faith. That is fine
More than most pf us,‘do.
Bjut stay, can you add to that line
That he lived for it, fop?
In death he bore witness at last
. As a martyr to truth,
Did his life do the name in the past
From the days of his youth?
It iis easy to d’ie.| Men .nave died
For a wish or a whim—
From bravada or passion oti pride.
Was it ’harder for him?
But to live:’every day to- live out
All the truth that he dreamed,
While Ms friends met* (his conduct
with doubt,
And the world with contempt.
Was- ft thus that he plodded ahead,
Never turning aside?
Then we’ll talk of the life that lie
led—
Never mind how he died.
—Ernest iH. Crosby
So
The Mitchell citizens’ .band gave a
and dance party in the
Friday evening.
card
Hall
Town
'5b
Physicians Skill Is Taxed
Just as soon as; a move is made to
ward an investigation of the tobacco
industry, growers of the weed are
offered higher prices for their crops
and down comes the pfice of cigar
ettes a notch to the consumer. ’Nougb
said.
---------------------—|—xThe curfew tolls the knell of parting
day,
A line of cars winds slowly o’er
the lea,
A pede§train plods his absent-mind
ed way
And leaves the world quite, unex
pectedly.
Our second childhood, like our first,
Presents us often at our worst;
And sad, I think, must this be reck
oned;
Few persons can outgrow
second. -
— -------------------------------------j—i—
HOW’S BUSINESS i
the
the
[ were discovered near the same spot.
The latest fossilized bone structure
were found at a depth of twelve feet,
imbedded in dark slimy mud covered
with a thin crust of hard earth. It
is reported that efforts are being
made to have an expert rrom the De
partment of the Interior, Ottawa, go
to Sydney and make an examination
of the latest find.
is
a
in
at
call
$5,-
the
FORMERLY OF KIRKTON
Little gray*eyed Philip gazes at
yop hopefully. Perhaps you can
mend his damaged toy? Yes, that can soon be done—butFo help mend
his damaged lungs, his weakened
little frame, ig a work of far
greater moment,
.It will .tax all the care and skill
of the kindly doctors and nurses' of
the Queen Mary Hospital for Con
sumptive Children to bring this
about, However, there is hope even*
for, Philip, as t.there is for so many
other little children who are being
cared for in this institution.
Contributions to assist this great
work are needed, however, and a
gift of money from you will be most
welcome. Please send it to G. A. Reid, 223 College St., Toronto 2.
“Business is dull," remarked
scissors grinder.
"Looking up,” declared the
stonomer.
"Dead," said the undertaker.
"Fine," said the Judge.
"Looking better," said the beauty
doctor.
"Fair," said the car* conductor.
"Rotten," said the egg man.
"Pretty soft," said the mattress
maker.
"Light," said the gas man.
"Hard to beat,"
drummer.
"(Just sew sew,"
stress.
“Bum," said the hono.
> "Looking brighter," said the boot-
black.
The preacher, who was the last
one seen, admitted that he “was
working to beat the devil."
said the bass
said the seam-
mem-Mrs. (Dr.) William Irving,
ber of one of St. Marys most’' dis
tinguished families passed away at
her home, Thursday morning. Mrs.
Irving had been in poor health for
some time but her death came as a
great shock to her many friends and
acquaintances.
The deceased was ■ born in Kop
pels, Island of Islay, Scotland, the
daughter of the late M(r. and Mrs.
Hugh Fletcher. When eighteen
years -of age, she came to Canada
and resided with her brother, Dr.
D. H. Fletcher, of Scarboro and later
of Hamilton. Fifty-three years ago
she married Dr, Irving and for some
years they lived in the village of
Kirkton, from there they moved to
St. Marys where they made many
.friends and were Active in the work
of Knox Presbyterian
Irving died thirty-one
One daughter Kate,
living at home. The
a sister of the late Rev. Dr. Colin
Fletcher, former Moderator of the
Piresbyterian General Assembly.
JPrviate funeral service was held
on Saturday.
Church. Dr.
years ago.-’
survives, she
deceased wab
FARMER CONVICTED
After nearly an all-day session in
police court before Magistrate J. A.
Makins, Herbert Anderson, a Fullar-
ton Township farmer, was convicted
on a charge of receiving stolen goods
and was granted suspended sentence
with payment of costs, the same
amounted to $112.50. It was an in
teresting case and in all, 13 witness
es gave evidence.
It was shown that the three articles
taken from Thomas Quinton’s place
in Usborne Township, namely, a
horse collar, neck yoke and some
steel shingles, were valued at only
$13.75. They were taken from Quin
ton’s place between Christmas and
New Year’s of last year, and were
recovered in the hands Of Anderson.
The latter’s hired man, C, Nell,
faces a charge Of theft in court at
Goderich as the result of the same
case. The prosecution was in charge
of Crown Attorney J* C. Makins, K.
C. and John Murray acted as coun
sel for the accused. .
/
X
X
The profit and loss account re
flects the smaller amount of busi
ness offering, during the year. Total
profits were $4,66(3,100, as compar
ed with $5,386,379, in the previous
year. The distributions made from
profits were: dividends to share
holders $3,960,000; provision- for
taxes Dominion Government $457,-
671; reservation for bank premises
$1010,000, leaving a balance to be
carried forward of $145,429. This
amount adds to the balance of $1,-
103,427! .carried forward at^the end
of the previous year, brought the to
tal balance at the end of the fiscal
year to $1,248,856.
The report will be submitted to
shareholders at the annual meeting,
Residents of Rlyth learned with re
gret that Mrs. Wm. Jackson had
passed on Wednesday during the
night. The deceased had suffered
from anemia for more than a year
the last
spent in
son whs
and "Was
daughter
few weeks having
bed. The late Mrs,
formerly Miss Alice
in her 76 th year.
Eleanor survives.
DIED IN SEAFORTH
Miss Margaret Dorsey, an esteem
ed resident of Seaforth died sudden
ly at her home Thursday last. Miss
Jiqrsey had enjoyed reasonably good
health and had attended church on
Tuesday fbut she waa stricken with a
Severe heart attack Wednesday night
and passed away a short time after,
Miss Dorsey had been a resident of
Seaforth for the past twenty-six
years, and had also been a life-lo^g
member of St. James’ Roman Cath
olic Qhurch. The funeral took place
from St. James’ Church on Saturday
morning, when, requiem high mass
wan sung by Rev, Father Goetz. In
terment was made in St. James’
cemetery.
CHAMPION WINNERS
The .Douglas Brothers, of Mitchell
well iknown iTamworth (breeders, re
turned onj Wednesday night from
Toronto, where .they scored a fine
success at the Royal Winter Fair.
There was eleven exhibitors showing
Tamworth hogs which class was Do
minion wide. .The. Douglas Bros,
received the following prizes: Tam.-
worth pigs, eleven firsts,: eight sec
onds, jsix thirds, two fourths, five
fifths and six sixths. They also re
ceived the ich’amppons'hip tor pigs,
reserve senior champion, -IboUr, re
serve junior champion boar, junior
cham'pion sow and reserve grand
champion sow. For ducks, and geese
eleven first, .six seconds, six thirds,
five fourths and one fifth prize.
On Wednesday morning of last
week, Mrs. William Jackson, a high
ly esteemed resident of Blyth, passed
away,
Dr. Wood’s
Norway
Pine
Syrup
TROPHY WON
RY (SEAFORTH BOY **
Western Ontario swept the awards
in the horsemanship competition
open to boys who are members of
the Ontario boys* foal club at the
Royal Winter Fair recently.
fillister iBroadi'Qot, . 16, Sepforth,
won the T. L. Kennedy challenge
trophy, accompanied by a $25 prize,
with the bay male colt, Eric Mac.
Each colt exhibited was fed, car
ed for and conditioned by the boy
showing it, with the awards being,
judged on the fitness and condition
of the colt, its manners in the ring
and the horsemanship of the boy
showing it. The event was one of
the features of Ontario day at the
show, ,
Col. Kennedy presented the trophy.
on all kinds of lumber
and shingles.
Call and see for your
self or phone 12
Matched White Pine
$35.00 per M.
A J. CLATWORTHY
Phone 12
GRANTON. ONTARIO
Bothered With Bad Cough
It Turned to Bronchitis
Mrs. Morris Rudolph, Barney's River Station, N^S.,
writes:—“I was bothered with a bad cough which
turned to bronchitis. Nothing seemed to help me
until I got Dr. Wood’s Norway Pine Syrup. I found
the phlegm was brought up without any hacking cough
ing, and after using three bottles I was relieved of my
bronchitis.
r That was five years ago, and 1 have not been troubled
with ft since."
. Price 35c. a bottle; large family size 65c.; at all drug
and general stores; put up only by The T. M,ilburn Co.,
Limited, Toronto, Ont.
I ’ **
We cari save you real money oil
everone
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A guarantee oil each order.X
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“Your Ilome-Town Printer”
Your name and address printed oh each
card with envelopes to match.
Get your order in early. Our assortment
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Phone 31 w for Samples*