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HomeMy WebLinkAboutThe Signal, 1921-1-20, Page 8R •Tbur.day. January 20. 1921.. TOE 1141114111 oODn<ICH, LOTUS LAWN Note Pater and Envelopes. A very fine Linea -finished Note Paper for 20c per quire and 20c per pa:kage. WRITING PADS Linen finish, I0c. Smooth finish, 10c. Better quality titaen and kid finish, 15c, 20c, 2.',•_ and Pencil;. Ink and Waterman's Ideal fountain Pen. $11,320.00 TOWN OF GODERICH (GUARANTEE) 4A;;., BONDS I)ue Jan. 1, 1922-192G luterest payable Jan. 1 . at GODERICH DENOMINATIONS 1922-2069.20 1923-2162.20 '19.24--2259.62 192fi-2361.32 1926-2467.57. PRICE TO YI1U.D 7 1-S p.c. T. R. Harrison Insurance and Bond Broker Box 214 Phone 31 sosersosessewelsessesPovseselsosesebitimaews seselseltessesestessesersissessinlita HYDRO ELECTRJC If you ever used an Electric Iron you would not want to be without it. It is bots economical and labor- ng. Our Electric Washers will do your washing at a minimum expense. Hydro Lamps always is stock See our display at The Hydro Store North Sade of Square i MORE PROTECTION FOR THIS PUBLIC. Union Bank increases Ratio of Quick Assets to Liabilities to the Public. The general public is alwal s interested in the annual repot of the Union (lank of Canada, for this institution has earned • the reputation tit being one of the most aggressive and well managed institutions in Canada. Thr report for the year ended November 30th. 1920. is particularly interesting, because it reveals the fact that the Bank has materially improved its position during the past year and is today in a stronger and more liquid position than it has been at any time during its fifty-six years of active business in Canada Liquid and cash asset on November 30th, 1920, totalled 982.203,563. being equivalent to 64.35 percent. 01 tete total liabilities of the Bank to the public, as compared with a ratio 0(47.23 per cent. reported in 1919. In view of the very difficult problems 1 which our hanks have hal to contend with during the past year. the achieve- ment of the Union Bank in this respect � reflects great credit on its officials. Another indication of the steady prog- ress which the Union Bank is making is the increase in savings deposits reported during 1920. Savings deposits in 1919 totalled 484.3769,70, but during the past year theyi ncreased nearly one million and a quarter dollars and on Novemter SOth, 1920, stood at the very satisfactory total of 485.610.464. Total deposits now amount to 9135.324.515. Two new headings appear in the state- ment this year which were included in 1919 under "Current Loans in Canada." One of these, "Demand Loans in Canada Secured by Grain," amounting to 410,732.755 47, shows plainly that the Bank has been rendering valuable services in;assisting the marketing of the grain crop. The other new heading is "Loans to Govrrnment and Municipalities."' and amounts to 97,648.176.39. These items when totalled with "Current Loans and Discounts in Canada,' show 4`98,230,716 79, or 1.96 per cent. increase over 1919. • Total assets show a very pronounced increase when compared with the figures for 1916, the am aunts being as follows : 1916-4109,040.228 ; 1920-4169,205,445. The earnings for the yesr have been satis- factory and the flank has been able to render even greater service than in the past. The regular dividend at the rate of 10 per cent. per annum was paid during 19201 and in addition a bonus of 2 per cent. was declared payable on December 1st. I 19.90. The personnel of the directorate has been considerably strengthened re cently by the addition of two prominent Westerners in Messrs. G. M. Black and D. N. Finnie, while Mr. W. (1. Allan, who, is the 'senior mem'er of Allan. Killam tic McKay. Winnipeg, has beeu appointed vice-president. The Union Bank now h3s 349 branches, located m alt parts of the Dominion, and this extensive organization enables it to maintain effectively the high standard of banking service wh ch is characteristic of the institution. The Bank also has its own oflicesin London, England, and New York. "-• During 1919 the Union flank branched out into the international banking field and through its connection with the Park Union Foreign Banking Corporation. which is jointly cwned and controlled by the Union Bank and the National Park Bank of New York, It has been able to pave the way in the Far East furCanadian commerce. The Park Union is already on a solid foundation and operates branches at Yokohama, Tokio. Shanghai. Paris and New York. HOCKEY NOTE& The hockey season of 1921, so far as the Coderich team is concerned, commenced on Saturday night, when (lie Juniors went to Seaforth for a game and were defeated 9-0.- Ou Mon- day erening a junior game was ptay- el on the (:olerich ice, St. Marys de- feating the locals 10-2. The Geslerich boys were entirely out of training, as there had been no ice here, whits the inland teams had had ice for two weeks and were consnluently in much ietter condition. The boys played well, but simply could not keep 11p the pare. Similar conditions affeetel the inter- mediate team, which went to Exeter en Tuesday , night, the result being 9-1- in favor of Exeter. Owing to the change of weather, enol no kr, the return grime with Exeter which was scheduled for Friday night of this week Is postponed. An Bleier Report. The Feeler Advocate has the fol- lowing ace t of the game there on Tne.wl:iy night : "That bnn'h looks good to me," was the general opinion of the spectators IIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIHIIIIIII HAVE you • Availed yourself of the opportunity to purchase your ES footwear at our sale prices If not. you had better do so now, as hundreds of our pleased and satisfied patrons will tell you. Our daring attempt to unload • our heavy stock has been an unqualified success, and we have done an enormous business, to our mutual benefit, but we still have hundreds of bargains for those who couldn't come in earlier. Dont think you are • too late. Sale will continue every day up to and in- cluding Saturday. Jan. 22nd. Don't Watch Our Windows z S SHARMAN'S SHOE STORE" W. Reg. Sharman but come inside, state your wants, and we can get something which -Will please you. 1 ,1 1 I ,1111-1/11' ‘‘ In Youth and Age THERE js no time in wom- an's life that she cannot benefit by .the use of Dr. Chase's Nerve Food in order to keep up the supply of purer rich blood and to ensure a healthful condition of the nervous system. Headaches, neuralgia. sleepless- ness. nervous spells, Irritability, tired, worn-out feelings. soon disap- pear when the vigor and energy of the nerves are restored by the use of this great restorative. *rests ■ boa, 6 for 4" 7S, all deales, or admaneon. Bates & Co., Ltd., Toronto. Dr Chases Nerve fnodSA F A `'' at the. O.H.A. hockey game on Tues- day night, when they waw the Exeter - Zurich tram defeat Goderich In the first of the., home -and -home games for this district. The game was fast from start to finish, and while the score -9 to 1—indicates that the play was on the visitors goal most of the time, it does not mean that the game was not a good one to witness. Goderich has a couple of very fast boys, but neither their combination nor their individual work corild stand up against the stone - wale defence of the locals, so that the visitors got few chances for favorable shots on the Exeter goal. The few they did get—with one exception= were readily stopped by Ilicky Harness. The local forwards played a strong, aggre'srive game all the time, and but for the good work of Baeehler, who was in goal for Goterieh, the score would hare been more one-sided. The locale scored three goals in each of the three periods, while (ioderlch get their Ione tally in the Iaat period, a few minutes a(wforr the game was over. Only two or three penalties were given and the game was entirely free from anything approaching roughness. Miinr.w of London was referee and nothing that was punishable got peat him. A Targe- crowd witnessed the game. This lead of eight goals should make this district safe for the locals, es it is a big lead to overcome. in fact, we think the Exeter -Zurich toys can defest Goferich on'their own lee. The game In Golerich.-is to he played on Fridai night. CHURCH NOTES. North street Methodist church, Sun- day, January 23p1.—Public worship, 11 a.m. and 7 p.m. 3 p.m., Sunday school and organized classes. 10 a.m., classes, Mission (land ant Mt'n'a ('1111. The topic for the (club dtrcnssion is: 'The Attitude of Science to the Nae of Alcoholic Beverages," and will lw In- troduced by the pastor. Notwithstanding the somewhat re- duced attendance on account of bad weather conditions, the offering last Sunday at. North street Methodist church for the Chinese Famine Fund was very gratifying. The fund Is be- ing held open for a week so that others who desire to make an offering next Sunday may 110 so. (contributions may Is' handed to Mr. A. M. Robertson, who Is the treasurer of the fund, or to one of the ushers, and it will lw taken (costo of. Mrs. J. H. hfillion, Piston street, was the hostess of this month's meeting of tlw Indies' Aid Society of Victoria street church, an attendance of thirty- two rnarking the nevasion. itnsinrss reports presented slowed that the flowers and Christman cards sent to abient members at Christmas time lad leen appreciated. A committee was appointed to meet the summer school committee regarding the entertainment of the member,: of the summer ,scent that is to meet here in July. A social evening for the members was planned for and will use held on Thursday evening. The services at Victoria street Metho- dist church next Sunday will be conduct. d as follows 11 a. m., Rev. HI,. Kennedy, of Benmtller. will occupy the pulpit. 7 p.m., the pastor, Rev. J. F. Reycraft, will preach on the second of the series of molern wonders of (he world, "The Modern Telephone." At Knox Church next Sabhath Divine worship will lw' e•onducted by tic min- ister. Subjects of sermons:, l le m., "The (loapel of the Happy." 7 p m., "Life objectives" Throe -minute ser- mon for l,nya and girls at the morning servlrn Sabbath school and Bible classes at 3 o'clock. The meeting of the ftnron Presby- terial Woman's Missionary eloc 1 tety held at Clinton on Tues -I day was attended by the follow ing ladies from O(Merieh • Mrs. Beldltt. i Mrs Hamilton, Kim Porter, Mrs. (Mn - lop, Miss Nairn, Mrs Mattel, Mrs. W IIIN lIIIII11IUHIIIIIIIIIIII1111MIIiHIIIIIIIIIIIIIIIIIIIIIIIiIIIIIIIIINullll Mr.,R'47biMfw Jean Maerwan Anel THE COL¢ORNE STORE Big Reductions in Ready=to=Wear Winter Coats Every Winter Coat that has been left in stock will be sold at a reduction of 50 per tent. Just one- half price for Coats. We do not carry merchandise from one season to another and to clear out the remainder of the Coats they have been reduced to half-price. Every Coat must be sold. Children's cloth Coats reduced to half-price. Ladies' cloth Coats reduced 50 per cent. Ladies' plush Coats reduced 50 per cent. Dc not delay. They must be sold and the ---sooner yoslt, make your choice the better selection yo will have. They come in all sizes and every wanted color with big collar trimmed with fur or cloth. Come while they last at this very low price. Dresses Ever Dress in the store is reduced 25 per cent. and some a reduced 35 per cent. e This is an opportunity to buy ready-madeses dresses in the very newest designs at a great reduction. per cent $se , teg Dresses in many qualities, all reduced 25 Sidi Dresses all reduced 25 per cent. They come in all wanted shades in taffeta, duchess and com- binations with georgette crepe. Every Dress a real bargain. Sweater Coats All Sweater Coats have been cut 50 per cent. u You can buy -any Sweater in the store at a reduction of 50 per cent. The styles are the newest and the colors the prettiest. They come in all sizes for misses and ladies. This is the season for Sweater C)at.. Why not buy while they are so cheap ? Pullovers in every wanted shade and size at one-half price. Just the thing for skating: Be sure and see these values. Dress Goods all reduced 20 per cent. All Cashmere biose and Underwear reduced in price. • J. H. COLBORNE & CO. THE HOUSE OF RELIABILITY "The Strong- Arm and the Hearing Ear," and "Witnesses to a' Great Sal- vation," will be flee theme's at the Bap- tist church next Sunday, January 23rd, at 11 a.m. end 7 p.m. For quick results try a Want:Ad. next week THE SEALING INDUSTRY The seal pack In the Northern Paci- fic waters is considered to tr the most valuable herd of wild animals to the world, Its value being placed el 475.000,000, and yearly Increasing. After a conference to 1911 between the United States. Russia, Japan and Canada, all of whom are interested naturally of gratifying proportions, and will be more so In the sutura it has been computed roughly that one million seal skins are marketed every year, and to this aggregate the largest single collection is contribut- ed by the sealers of Newfoundland operating on their own coast and off with the Best to be had in Staple and Fancy Groceries J. J. McEWEN The Square Phone 46 it makes a real treat—Blacks on .'s delicious ice cream. in bulk or fancy bricks. ' t Trimmed HAT SALE of Remarkable Values Regularly ftp to $10 or $4.75 All the smartest and new- est ideas for Winter Milliner' Wear have their represent- atives Here, front the close -fit- ting styles to the large dress hat. It is difficult to realize hats so smart are carrying so small a figure on their price ticket. Miss M. R. MacVicar Kingston street, Goderich The Fur Seal. 1n sealing In these waters, a clove season was established for rlftern years, and pelagic sea'.inz forhMd.'n. According to the treaty siert": at ?br- eam's iteearns time. Canada receives tifra-n per cent. of the catch of there war - era The Domlricn'a credit has been allowed to acenmulMe, and when a settlement Is rocs,*. w teh will prob- ably be done rt the en, of the pres- ent year, it is ernecred that raeadn will receive turn"•l.inx Iiis t300.0s'0 as her share of the catch stin-r the opening of rhe season. at'vh 'he beneficial effect the prctectlnn of the herd has had and Is sti'I ese'tl- encing, it le prealcred that 1r a fcw years Canada's revenue from this source will use In the 4elghborbood of 41,000 000 per sear. All the year round hair spade which are great roamers, have been In the habit of infesting the F River and the Gulf of Georgia. tn- bahltinz laaccessible flats, and by onnsumtag large quantities of fish elready taken In nets. have constitut- ed themselves a general nuisance. Various methods of combatting ibis pest have been tried unsurcessfully. and experimentatics is continuing, In the belief that a succersful method of trapping will not only terminate the mischief these animals are doing, but result In the creation of a new and Important Industry on the Pacific Coast. The hair seal is valued partly for Its bide, which is used In making various Made of leather, for oil which is extracted from the carcass, and on the Pacific Coast, for use in the manufacture of fertilizer. The hair seal is a particularly valuable ani- mal at the present time, his hide sell- ing for as high as $176.r A recent development to the seal industry Is the utilisation of the skins of old males. a hitherto unprofitable sec- tion, which consider .oly enhances the value of t5. seal catch to any eaustry., Canada draws r veaue from seal fish- ery os both the Atlantic and Pacific Boasts, and the artouats secret's from thstae are, at the present time,. 700,000 errata have boon shaolfhtsrst by the entire Newfoundland dost to • single session. A novel method of hunting sols. under the auspices of the (lovers- ment of Newfoundland, L to be intro- duced In the spring by two Nov* Scotia 'aviators whleh, K snoesnafnl, may revolutionize the entire industry. The party of three men, with two aeroplanes and dirigibles of the type used so successfully durtag the war to "spot" submarines, will leaves Montreal to join the Newfoundland sealers at St. Johns, the augmented party of thirty-five or forty, leavens for the Labrador lee fields. Hitherto the locating of seal herds has been done by men In the rigging of ships whose range 1s naturally limited. This work it Is intended to do with planes, "spotting" being pos- sible by this means within a radius of fifty miles. The method, then, Is as follows: The aeroplane, which The Hair or Common Seal. the shores of Labrador. In the year 1919, Newfoundland's share of the seal fishery accounted for 11.293 seals with a market value of 1279,000. The industry on the island accounts for the employment of 1.696 me. and numerous vessels take part in the often hazardous undertaking. The seal Industry originated in Newfoundland In 1763, and for some years after that the annual catch did not exceed three or tour thousand skins per season. With the increas- ing demand for oil and skins, how- ever, the Industry grew, and more mea and vessels came to engage ex- clusively in It. By the begtnalag of the nineteenth century, the animal catch exceeded 60.000 skins, and lar- ger and larger vesaeb were built for the pursuit, t111 later these were. superseded by fast steamers. At the present time, though there are some sailing vessels still engaged, the steamier 1s the big unit in the acttvtty and %ccousts for flvs-,liths of the catch. Of late years the seal catch of New- foundland has fallen off somewhat doe to the heavy toll sad indiscrim- inate killing which Is sow regularised by legislation. The 1901 catch, for Instance, numbered 312,641 seals and that of the following year 269.320 animals. A single vessel has boos hasten to bring 1s to At, Johns a oateh of 43,060 and a WSW of snarly carries five men besides the p11ot and mechanic, descends to the ice where the animals are despatched by Ma - lets from pump guns. The skins are then packed in bundles about this baste of poles to which a flag is at- tached This kind of hunting con- tinues to the end of the season when the ice breaks up, the hunters pro- ceeding from place to place trans- ported by plane as new herds aro "spotted". At.the close of the sea- soo the vessels visit the ice breaks and pick up the bundles, befog ma- terially assisted by the planes In lo- cating and signalling. Close upon the announcement of the projected activftiee of these avia- tors there arrived in At John's two "blimps" or war Writhiys, a present to Newfoundland from the imperial Government These It is Intended to use In the seal fisheries In the same manner, the cost of operation, esti- mated at 460,000, being borne jointly by the Newfoundland Government and the owners of the sealing vessels assisted In thole catch. The co-operatloa of the government in this new venture would augur a holier In the practicability and stem- mas of the novel enterprise, end donbtlees their ane(ws, •which b highly probable, will have a marked *Heel upon sealing on both coasts. and tend to bring about a »eoli tis, In hustles m.tMAa 1