The Exeter Times-Advocate, 1950-11-30, Page 13■*—
THE TIMES-ADVOCATE, EXETER, ONTARIO, THURSDAY MORNING, NOVEMBER 30, 1950
T
n
Service with Courtesy
CENTRAL HOTEL
Phone 151
Midnight to 7 a,in,
Phone
. . . the letters start. Then
many readers of THE CHRIS
TIAN SCIENCE MONITOR
tell the Editor how much they
enjoy this daily world-wide
newspaper.
''The Monitor is the most
carefully edited news
paper in the U.S.., ."
"Valuable aid in teach
ing . .
"News that is complete
and fair. , . ."
"The Monitor surely is a
reader’s necessity . ,
You, too, will find the Monitor
informative, with complete
world news . . . and as neces
sary as your HOME TOWN
paper.
‘ Use this coupon for a Special
Introductory subscription — 26
ISSUES FOR ONLY $1—And
listen Tuesday nights over ABC
stations to “The Christian
Science Monitor Views the
News.”
(addrest)
(tone)
m* Aanm
The Christian Science Monitor
One, Norway St., Boston 15, Mass., U.S A.,
Please send me an introductory sub-
scription to The Christian Science
Monitor—26 issues. I enclose ?1.
(name)
WOODHAM
(Intended for last week)
Mi’. Johnny Davidson, Miss
Annie Spence, Miss Florence
Kirk and Miss Bessie McCurdy,
atepded the Huron Presbytery
Y, P, U, Rally at Hensail United Church on Friday evening.
Misses Florence Kirk and Bes
sie McCurdy,
son received
last sessions
last Tuesday
United Church.
Evening Auxilary
The monthly meeting of the
Evening Auxiliary was held at
the home of Mrs. Ken Langford
on Wednesday evening with eigh
teen present,
After a worship service and
program the election of officers
for .1951 was held.
President, Mrs. James Miller;
first vice-president, Mrs. Ken
Langford; second vnee-president,
Mrs. L. Rodd; treasurer, Mrs.
N. Webb; secretary, Miss Ordell
McAllister; assistant secretary,
Mrs, V. Chatten; floral secretary,
Mrs. O. Brine; corresponding sec.
Mrs. L. Thacker; Mission Band,
Mrs. L. Rodd, Mrs. O. Brine,
Baby Band, Mrs. L. Thacker,
press reporter, Miss O. McAllist
er; pianists, Betty Mills, Bessie
McCurdy; temperance secretary,
Mr. Jack Smith; literature sec.,
Mrs. F. Parkinson; stewardship
and Finance, Mrs. J. Thompson,
Mrs. G, Hooper; Missionary
Monthly secretary, Mrs. William
Rundle; community, friendship
and associate members, Mrs. I.
McCurdy, Mrs. N. Hazelwood;
supply^ Mrs. J. Smith, Mrs. L.
Beckett, Miss F. Kirk, Mrs. F.
Parkinson; auditors Miss Rhea
Mills, Mrs. J. Smith.
W. M. S. Meeting
The monthly meeting of the
W. M. S. was held in the base
ment of the church on Wednes
day, Nov. 1. Seventeen ladies
were present. In the absence of
the president, Mrs. W. Switzer,
1st vice-president conducted the
‘ worship service. The theme was
“One in Christ! This consisted
of scripture reading by Mrs. M.
Hoopqr and prayer by the pas
tor. ,
The report of the fall rally
held at Motherwell was given by
iMrs. F. Pattison, The meeting
closed by repeating a psalm in
unison.
Rev. G. Wanless then took
the chair for the election of of
ficers :
President, Mrs, F. Pattison;
first vice-president, Mrs. G. Wil
son; second vice-president, Mrs.
W. Wilson; secretary, Mrs. M.
Hooper, Mrs. C. Mills; treasurer,
Miss A. Shier, Miss A. Hopkins;
temperance, Mrs. A. Dewar;
stewardship, Mrs. C. Cann; Cor
responding secretary and press
reporter, Mrs. M. Copeland;
literature, Mrs. F. Doupe; Mis
sionary Monthly, Mrs. B. Wilson;
community service, Mrs. E.
Rodd, Mrs. W. Levy, Mrs. G.
Dann, Mrs. F. Mills, Mrs. E.
Vodden; associate members sec
retary, Mrs. W. Switzer, Mrs. A.
Rundle; supply secretary, Mrs.
E. Voden; church representa
tives, Mrs. F. Pattison, Mrs. M.
Hooper; pianists, Mrs. C. Cann,
Mrs. G. Wanless; group leaders,
Mrs. E. Rodd, Miss L. Hackney,
Mrs. F. Mills, Mrs. C. Mills;
auditors, Miss B. Mills, Mrs. D.
Stephens,
iMr. Johnny David-
certificates at the
of Regional Schools
night at Zion East
Business Directory
DR. H. H. COWEN
L.D.S., D.D.S.
DENTAL SURGEON
Main Street, Exeter
Closed Wednesday Afternoon
Bus. 86-W - Phone - Res.36-J
DR. J. W. CORBETT
L.D.S., D.D.S.
DENTAL SURGEON
Bell Building
Phone 273 Exeter
4
ARTHUR FRASER
INCOME TAX REPORTS
BOOKKEEPING SERVICE* ETC*
Ann St., Exeter Phone 504
FRANK TAYLOR
LICENCED AUCTIONEER
For Huron arid Middlesex
FARM SALES A SPECIALTY
Prices Reasonable and
Satisfaction Guaranteed
Exeter P.O. Or Ring 138
WM. H. SMITH
LICENCED AUCTIONEER
For Huron and Middlesex
Special Training Assures YbU
Your Property’s' True Value
Sale Day-
Graduate of
American Auction College
Terms Reasonable arid
Satisfaction Guaranteed
CREDITON P.O. or PHONE 43-2
of
on
Heavier Penalties Far Rustlers;
Margarine Ban Are Urged
A bait on margarine and a
heavier penalty for cattle rust
lers were urged at the annual
meeting of the Huron Federa
tion of Agriculture last week.
The meeting, held in the Clin
ton Town Hall Wednesday night
resolved that the goyerment en
act legislation banning the re
tail sale of margarine.
Following the report from
Grey Township that considerable
number of cattle have been mis
sing, the federation criticized the
lack of appropriate sentencing of
convicted persons.
Following considerable discus
sion a change was made in the
consitution whereby 25 per cent
of monies collected by the levy
will be returned to the Town
ships and that milage for direc
tors attending county meetings
county Federa-will be paid by
tion.
The 1950 slate
re-elected. They
Charles Coultes,
vice, ,R. S. Kercher, R. R, 1,
Dublin; second vice, Wilfred
Shortreed, Walton.
IMr. Coultes, in his presiden-
ALVIN WALPER
LICENCED AUCTIONEER
for
HURON AND LAMBTON
For your sale, largo or small,
courteous and efficient service at
all times
“Service that Satisfies”
PHONE 57-r-2 DASHWOOD
ELMER D. BELL, K.C.
BARRISTER & SOLICITOR
Successor to J. W. Morley
EXETER, ONTARIO
W. G. COCHRANE, B.A.
BARRISTER & SOLICITOR
EXETER, ONTARIO 4
At Herisail, Friday, 2 to 5 jp.nl.
JOHN W. ORCHARD
OPTOMETRIST
Mriln Street, Exeter
Opell Every Week Day
Except Wednesday
For Appointments Phone 355-J
tial address, spoke on the suc
cess of a full-time field man. and of the County Federation's of
fice, both new undertakings of
the past year. Gordon Grieg, sec
retary-treasurer, showed a sur
plus of $1,025.15,
Huron County Library
Exchange Schedule
Huron County Library has an
nounced its exchange schedule
with district schools and librar
ies throughout the county,
December 5: Hensall, 9.15 a,
m.; Exeter, 10.45 a.m,; Elimvil-
le, 1 p.m.; Kirkton, 2 p.m.; S.S.
2, Usborne, 3.15 p.m.; Thames
Road, 4 p.m.; December 6: Kip
pen, 3 p.m. December 8: Bruce-
field,9 a.m.; Varna, 9.45 a.m.;
Zurich, 10.45 a.m.; Dashwood,
1.15 p.m.; Bayfield, 3,45 p.m.
December 12; Grand Bend,
10.30 a.m.; G. B. Primary room,
11 a.m.; Crediton, 1.30 p.m.;
S.S. 1, Stephen, 3 p.m.; Centra
lia, 3.30 p.m.
HEN5AUL
Mr. 'Clarence McNaughton and
Mrs. Lome McNaughton visited
recently with Mr, and Mrs. Jack
Duncan and Mr. and Mrs. Roy
McLaren in London.
Miss Dorothy McNaughton
spent the week with Mr, and
Mrs. John Selves and Miss
Mabel Selves and attended the
Jaques-Copeland wedding Satur
day.
Mr. and Mrs, Percy Gramm of
Caro, Mich., spent a few days
recently with the former’s par
ents, Mr, and Mrs, Geo. Gramm.
Thomas Carter of London
the week-end at his home
The Voice
Of Temperance
The writer of the paragraph,
who has not been a hockey fan,
heard with surprise the other
day that the worst headache of
the Arena Management is liquor.
Some fans bring a bottle with
them. During the game they
drink. It is not long before they
are making a nuisance of them
selves, to the annoyance of their
neighbours. It is unfortunate
that this fine Canadian Game
attracts such wretched followers.
They will
Wingham
ficial ice
there are
hockey players and hockey fans.
The players are under a ban not
to drink. Some such ban as that
will have to be imposed on the
fans, if hockey is to win and
hold the good will and patronage
of the .public, — Advt,
TaxB-Sem.ee
E. F. CORBETT
LICENCED AUCTIONEER
Terms Rdiisonabie
Satisfaction Guaranteed
EXETER, R.R. 1
Phone Zurich 92-r-7
Mr.
spent
here.
On Sunday, November 26, at
the morning service in the Unit
ed Church Rev. W. J. Rogers
used the theme “God Needs
You". The choir rendered the
anthem “Thanks Be to God", in
which the solo was taken fey
Mrs. Hugh McEwen. At the eve
ning service a helpful mission
ary film, “The Kyoto Story",
was presented to an encouraging
attendance. Rev. P. A. Ferguson
of Carmel Presbyterian Church
ably assisted Rev. Rogers during
this service.
Carmel Church withdrew eve-I religious film, “Second Chance",
ning worship in favour of the j TJie United Church is withdraw-
films. Following the showing of! ing the evening service owing to
pictures Rev. Rogers presented - this event.
not be welcome in the
Arena. With five arti-
rinks in the district
great times ahead for
Crediton 18-r-ll
Exeter 357
Evening Service
One garage will be open
in Exeter on Sundays, Wed
nesday afternoons and dur
ing »the evenings through
out the week.
Open this Sunday, Wed
nesday afternoon, and dur
ing the evenings through
out the week:
GRAHAM ARTHUR
Service Station
of officers was
are president,
Belgrave; first
these in Chiselhurst United
Church. Next Sunday evening at
8 p.m. there will be presented in
Carmel Church an outstanding
Rl! W i. ■ 77
WHAT THE Bof M OWES TO OTHERS
150,987,587.73
$2,062,597,786.09
40,432,874.531,030,048,602.81
$2,103,030,660.62
128,050,593.19
2,190,529,368.92
$ 87,498,708.3067,972,396.98
$1,602,476,580.68
CASH: The B of M has cash in its vaults and money
on deposit with the Bank of Canada amounting to
QUICKLY AVAILABLE RESOURCES: The resources listed above,
which can quickly be turned into cash, cover 76% of all that
the Bank owes to the public. These ’’quick assets” Amount to * .
CALL LOANS*. The BofM has call loans which are
fully protected by quickly saleable securities. These
loans amount to ........ *
MONEY in the form of notes of, cheques on, and
deposits with other banks .......
INVESTMENTS: The B of M has over a billion dollars
invested in high-grade government bonds and other
public securities, which have a ready market. Listed
on the Bank’s books at a figure not greater than their
market value, they amount to .....
The BofM has other investments representing
mainly short-term credits to industry. These invest*
merits are carried at .......
This figure of $87,498,708.30 is made up of money subscribed by the shareholders
and, to some extent, of profits which have from time to time been ploughed back into the
business to broaden the Bank’s services and to give added protection for the depositors.
DEPOSITS: While many business firms, manufacturers,
merchants, farmers and people in every type of bush
ness have substantial deposits with the B of M, the
larger part of the money on deposit with the Bank is
the savings of well over a million private citizens.
The total of all deposits is ..... .
OTHER LIABILITIES: Miscellaneous hems, represent-
ing mainly commitments undertaken by the Bank
on behalf of customers in their foreign and domestic . |
trade transactions.........
TOTAL OF WHAT THE BofM OWES ITS DEPOSITORS
AND OTHERS , . . » . .
TO PAY ALL IT OWES, THE B of M HAS TOTAL RE-
SOURCES, AS SHOWN ON THE LEFT SIDE OF THIS
STATEMENT, AMOUNTING TO .
WHICH MEANS THAT THE B of M HAS RESOURCES,
OVER AND ABOVE WHAT IT OWES, AMOUNTING TO
WHAT THE B of M HAS TO MEET ITS OBLIGATIONS
Your 2 Billion Dollars are
This is the money that you and 1,800,000 other
B of M customers have on deposit at our
branches across the nation. Through this money,
you are helping to finance hundreds of thou
sands of Canadians . . . from the fishermen of
Newfoundland to the lumbermen of B.C. . . .
who are busy building a better future for them
selves and for Canada.
To private citizens... to farmers with sea
sonal incomes ... to merchants, manufacturers
and businessmen in every worthwhile line of
endeavor ... to municipalities, school boards
and governments ... to churches, hospitals and
all types of public institutions ... hundreds of
millions of dollars are being loaned by B of M
managers at more than 550 branches from the
Atlantic to the Pacific.
Today, more people are saving
and more people are borrowing
money at “MY BANK" than ever ....
before. You will find the story of ’<•
these two billion busy dollars in
the facts and figures that follow..
$ 225A17,399.97
USBORNE & HIBBERT
MUTUAL FIRE
INSURANCE COMPANY
Head Office, Exeter, Ontario
President
Angus Sinclair, R.R. 1, Mitchell
Vice-President
Milton McCurdy, U.K. 1, Kirkton
Directors
William H, Coates, Exeter
Martin Feeney, Dublin
E. Clayton Colqulioun, Science Hill
William A. Hamilton, Cromarty
Agents
T. G. Ballantyne, Woodham
Alvin L. Harris, Mitchell
Thomas Scott, Cromarty
Secretary-Treasurer
Arthur Fraser, Exeter
Solicitors
Gladman & Cochrane, Exeter
LOANS: During the year, many millions of dollars
have been lent to business and industrial enterprises j
for production of every kind — to farmers, fishermen,
lumbermen and ranchers—to citizens in ail walks of
life, and to Provincial arid Municipal Governments
and School Districts. These Ioans, now at the highest
year-end figure in the Bank’s history, stand at . ,
BANK BUILDINGS: In hamlets, villages, towns and
large cities from coast to coast the BofM serves
its customers at more than 550 offices. The value of
the buildings owned by the Bank, together with
furniture and equipment, is shown on its books at
OTHER ASSETS: These chiefly represent liabilities of
customers for commitments made by the Bank on
their behalf, covering foreign and domestic trade
transactions
♦ ♦ »
528,032,366.17
18,450,760.31
41,569,661.76
EARNINGS —After paying all overhead expenses, including staff
salaries, bonuses and contributions to the Pension Fund, and after
making provision for contingencies, and for depreciation of Bank
premises, furniture and equipment, the B of M reports earnings
for the twelve months ended October 31st, 1950, of . « . .
Provision for Dominion Income Tax and Provincial Taxes « »
Leaving Net Earnings of . « . ♦
This amount was distributed as follows:
Dividends to Shareholders....
Balance to Profit and Loss Account. .
#■
» « * »
$9,536,897.69
3,594,000.00
$ 5,942,897.69
$ 3,600,000.00
2,342,897.69
Bank, of Montreal
TOTAL RESOURCES WHICH THE BofM HAS TO MEET
ITS OBLIGATIONS .......... $2,190,529,368.92»