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HomeMy WebLinkAboutThe Signal, 1929-6-20, Page 3Stop Advertising and you let your business run on momentum, and momentum is a gradual move toward a dead stop. Zbe ional ...---.-•'- ..---.'- - .4... The Clubbing Rate for The Signal and The Toronto Globe is $6.50. You save 50 cents :\ -huller saving on other daily papers TEE SIONAI. PRI NTINV; CO, LIMITHD, 1'ubl:.Ler•. WE BEG TO ANNOUNCE That the combined business of the Can- adian Bank of Commerce and the Stand- ard Bank, Goderich, is now being con- ducted in our remodelled premises, cor- ner of Colborne street and the Square. The public is cordially invited to call and inspect our new quarters. THE CANADIAN BANK OF COMMERCE Q THE STANDARD BANK OF CANADA J. W. Craigie Real Estate as&lasuraace The Armstrong Real Estate and Insurance Agency GODERICH, ONTARIO, THURSDAY, JUNE 20, 1929 REPORTS OF COUNTY the foliowing recommend, .ions: Ile motion of Mesons 'Hubbard ao,t ii.,Nno, COUNCIL COMMITTEES that liability is nuance. to prot'e t the - county against all aw•'detr. Ucit may The following cuwmiltee reports happen on the county roar,.. Is. takelll were received and adopted at the June -that this platter he de.''1,11diIr4 elle' meeting of the county council: 4.outlydl a. it whole Ire :infilrii of sufficiently large to meet the varied taster of the church. Farewell was Pahl to the following ministers who are lemming the Preohy- tlry for other PrtWsytertew:- Rev. M. C. Pair, Gotlerich,- who is moving to Lc,ndnu'; Iter. 1)unean (luta, who 10 leevIng Ethel for Arkona ; and Rev. House of Refuge Committee I aera+rs. 1te•atne an, R. itis Barnby, Blyth, who Is moving oowlnittee re- tusuraucr fund to e►ti1..ii.h.d sNnn• to f.nndon. I11 c( nw•tfon with the re - Thr house of rrfugte rev it rid a ; ert 4Ii. I .d \le ra. tirement of Dr. 1 rnhy the following ported having made the usual quartIRader and Backer, that .rfforls le eel visite to the h"use and found 1 , reanhttlon was brot ht In and adopt. yd inrrease,l In the destr•uct o'c of wises ed unanimously and carol%: err thing in epleud•id order au a' „u the .coon% roads, It no scan t r s e ret that we deep real credit to ladle• of the county to keep down the ( It an with. g are doing a f l ndt l work and keep cartel. a Aa !KIWI tide bol if r Ur. and aur•. Jacob, who II ell'1 : far ins the Hine and county farm its ex- anyone see s any lafit "" d'•11u . mulmg ,client ►hate. There were eighty-six attention. if nutter Is ne''•iv'emit ae- tuuwteyl its the Lowe and all seemed 1 1 011 wil1 le taken as'Ii•eded: re m4.- contented and well fed and well looked after. Two more were recentle added 11011 of Messrs. -►dem- :ol•I Si;.lkrr, from the Ontario hospital. They have that 3000 fest of shove frn.e• be pder- wt on (retain .e• t.......1111110.11.1t.......1111110.11.1t.......1111110.11.1prOVed to be 130 detriwent, and easy I tdat this 1.4.I 'r,n nada dud.. i i t1. o anemia, of control. \'sudors s of repair l found ne.'4', ary; re motion of been and Improvement had been attended to j140 a(as.rs. ,4 nd Ada 11'4 thou flus from time to time, adding comfort i a)utl tuwITuldhl.' ofaLinens L• designated and eOlrrrnlrnee to the Home. , as a eouslt4 road? we recommend that Legislative Committee no (teflon Ire taken at present. but at The legislative "ciilmmtttee recon- tbP 'time .hat the road easterly from mended adoption of the motion ofI Walton {s completed Is. , .f'1hin Mev.MeleesMcKibbon and Milne, that the 'tide, road should to a •.. 1.,,,,!. amount of liner for traffic violations; It M a portion of the r. ( Hour:, TV on county roads within a town or vii- ,eimmunieatlon from ti... ,. ri; ..f the lage be refunded by the county to said township of 4 alerlch. • oto.oei:11g an town 4,r tillage when the information accounting of and payee'', leer _raced Is laid by' a cuu+cable or official of taken from pit on the Remo '.•r read. (said ulun'k•tlallit y. The committee the 40mntirsion 19 11141 .•1,1 r., .. cittio- also recommended adoption of the ma fled that the grated 11. , I.v.riop le - tion by Messrs. Hill and Itallantyne longe to tlw tow-Ilehlp. n.,.i - mat- terhas been submitted t I e•part- ,asking for an increase of the Govern - -Coal >a thing but a reservoir of meat grant on lown4hip roads to fitly Yue nn energy stored up by the sun ages ag(t•" per rent.. and the granting of the fore !power to deal with `the rale of land. quest from the town `' •"11 {1 for ttzes. Having of the main mfr.. • .1, is e County Property Committee , county road. we have - ••,,•.1 the, The county property committee re- rltllatIoll. and 1n -r1ew present i p.,rted haying visited the various eons -1 condition of the road, Ilse . vr'I„ linuree l ty building; and found all in good, formerly made in Clint... .11' the re- ' condition. A filing system was recom- gnlrements of other con., t 1 ".•ds. we led f the treasurer's office, in, recommend n° action : n l (notion ard- Of i mens of Highway for r am' WV rerotnmend that act . I.t'.-rre•' -Roger W. Bahson. %newt of the township frill .14145 ophl{op is -We cats be lel astray - qudcicer I through prosperity than through ad- verstty."-(�harles M Schwab. LIFE L'NS('RANCE (Sun We 0w) ACCIDENT. SICK-N'ES.`l, AUTO. ETC., L?St'1KA.NCR Some real bargains offering just now to quick buyers of houses and farms. I_ \eery cheap property. Good 11.2 story house. Fine location, good condition, immediate poseeesinn. Has furnace, Iighte, bathronu, water, garage' etc. r red cash, nl u Price 91200. Two or three h balance on easy terns to reliable party. Good 2 -story house. Modern te u�b close to Square. „Price 9700. cheap. 1 1-2 story house, part brick, dome to Sinew. Nerds (some repairs, has bath- room, and lights and cellar. Big bar- gain at 1''iei. Fine 9 -room house, besides pantries; All well arranged for heating, con- venience and comfort. Finely decorated, excellent condition. Electric lighted, `planned for hot and cold water service. Full modern equipped bathroom, and 2 large cellar. chicken' houw, y lots. Fine location, immediate p ese•esion. Price 111100. Goad terms if desired. Red brick cottage. Modern equipped, 2lots. Garage. 9�. • 1 1.2 story red brick house. Mot rn equipped, 2 lots. 92500. Brick houses, $3000, 93100, 93200, $.3((X1, 940(4) and 9.50(10, etc. Large runnier of good frame homes fmm9.500to12500. Chicken farm. 44 acres. close to C. N. R. (dation, G,derich, with fowl houses. dll'rice 915001. Big chancealm, out building, 2 lrad niakiiing money to live man. inrge number fine farms listed for Nle. For all particulars see or write J. W. ARMSTRONG Real Estate Agent Boz 89 Square Goderieb Confederation Life Association of Caeada OFFERF YOU IAFE PROTECTION AND INVESTMENT FIX AND A•1IARTEk MILLION OF NEW Bl'.1NEs. IN AI•RI1. M. N. MacDONALD AGENT Fir" and Autoinebl1,• Insurance Csodoricle Phone 382 or 142 men, a or auditor* report af4wsr Henderson and ..... nett accotdatee with the au( s at an estimated cost of gen; also ti, re- i lug 1/Ibe Peairie then road wt^ 4 iirl:done we built typewriter. Education Committee 'there are any funds ay:r,lnbl.•: re tnn- The a duvution committee recom- , tion of Messrs. Turner ala e'raigie re - 1 wended that the high 'school levies. as i Periling expenditure of .nlrphke aro ,foliews, be paid when verified. together 'Calabria 1411141. we reeetilawnti that tills with tie "additional grant or refund ' he done. I,I)t it 1r 1101 •" ;*• '.•d Ihal per sec 35chap. 326. R.Q.O. 1927:Ithere will. be any. fnrpin- ..,..ilxble. 15:; Seaforth, $8,925.25; W Ingham, 96,- ! CEMETERY I>1LPROVEMEItT 3'4.4'1 ; Exeter, 97.151.1.40 ; also the ru� 11 levies for attendance of--Hufon county 1 pupils at high schools outside the j . i;,slcrich Women • inetitnte. county • Listowel. 91117.84; Parkhill, I baring observed that .e..iral hnudred Clinton, $10,936.35; Goderich $7,0$1.- 1 W. J. Powell Stocks, Bonds, Insurance and Real Estate Car, Life and Fire Insurance Nal -on Street, Goth rich Phone 29.!P. 0; Box 438 Geo. Williams Dealer In DOMLNION, PROVINCIAL. MUNICIPAL AND CORPO- RATiON BONDS Pira Accident. Automobile, and General Insurance Agent Office, next to Bank of ('eu,nlerce Phone 53 (iodericll 92'1592• Stratford, $103.(51; Ilarrlston, plata In Maitland cemetery sere un - eared for -in tame hear -ars lae•nuse of the removal of the {elativ-ea from town. and in other casae from a tar - complete their egainess early in i1ef December, to enable school hoards to lety of carets ham undertaken to cemtx•r. With regard to the matter of completrale a fund t . be used In taking pro -'I a grant to the Western i'nivereity. the per care of these plate and thus get - committee's recommendation was that finances, at present care fee) that we ting rid of the unsightly twits in the • na lne to the conof our 1 cemetery- and making our (kal'.. .\ere are unable to give a grant. but that What it should he-- a place of be the platter tray he given favorable throughout. consideration In the future. \%e Nlsn _The in,'t3tutP is heeding the loud suggest that as a matter of relief span- with_a contribution "f 925, and in- radjustmeut be made in the fees pay- able by students in certain depart- rites '•eentribntbo • frrmt °there $205.06; St. Marys, 9375.12. The committee further recommended that Iall high school and continuation school 'grants be paid on or before the 1st of (:017 TRAVEL EXPERIENCED travellers use Travel- lers' Cheques. They are as good as cash anywhere, and far safer. Before going away, buy Travellers' Cheques at The Royal Bank of Canada and avoid worry while travelling. The Roya 1 Bank of Canada Goderich Branch - = F. Woollcombe, Manager 111C1110 • Children's %better Coodtteee ' The Children's Shelter committee retorted that they' had visited the Shelter regularly and found it in firet- ''laa' condition. Necessary repairs had leen attended to. At present there were seven chfldren in the Shelter, ret.Aing in age from trn monthlto nine years. and four of them were going to wheel. The necessary help hall lewd secured as assistance for the matron, who deserved great credit for the way she looked after the children. whether residents town or llving elsewhere. These 4,011: ributione may i.e sent to Alm .7. 11. Marshall. Keays street. Goderdch, secretary -treasurer of the !oral R'umen's Institute, and will he acknowledge) it, the local papers from week to week. ContrfMldesu Women's lnstitnte. 1:odrrlch ..923.00 Finance Committee The finance committee recommended concurrence In the motion of Messrs. Beattie and Adams advising that the county road cnmmieslon at the De- cember meeting bring in a report and budget 'showing the work they think should to carried out the following year. (ether recommendat lone were a.' follows: That a committee tie ap- pointed to, confer with the county solicitor as to the high cost of crimi- nal justlee termite and that the re- port of this committee be sent to the Attorney-(eneral; that ways and mean.' he devised at this seesinn to take rare of our Indebtedness and that this matter tag left to the whole conn- ed; that expenditure be curtailed by all official. -Intl committee. as far as possible County Read Commission The (-minty rondo commission, 1re- widee reviewing road conditions in the county. and detailing the work that Owned be undertaken this yen r. 10911e • 0. F. CAREY & SON Limited INVESTMENTS AND INSURANCE Telephone 230 4fasonie Tel 1ple Building GODERICH -- ONTARIO PRESBYTERY OF HURON I MEETS AT AUBURN Retirement of I)r. Hamby is Subject of Resolution The Presbytery of Enron. the T'nit- ed 'hnreh of ('nnnda. met Inst Thurs- day in Knoe United church. Auhnrn. Rev. R. i1. Barnby. R.T.P.. Blyth. chairman of Presbytery. „presided at the npeeing. Rev. .1. W. Flown. n Pal} ernnnnnted minister living In Exeter and tranefcrring from the stay of Qulnte Conference. w:IN welcomei as a member of Presbytery. The following officers were elected for the ensuing veer Chairman. Ttev. James 5001,1e. Eel era v4: exe•retary. Rev. W R. Alp, Auburn : traanrer. Mr. W. G Medd, M.1'1'. Exeter. Var- ious etnnding eommitte•es were ap- pointed for the year. Rev. W. A. Bremner. Brneefiell. watt ronppointed chairman of the missionary end mnln-', tPI/ CP (41141 (Y/mmittee. An interesting ilkanasion PH. held regarding the diep'sa1 of the former Metho ll0t ehnr•h nt Tlayfleld. it wnw decided to erratic to the request of the I Rnyfleld congregation . and sell the chnreh to the Rnyfleld (ommnnity Clnh subject to certain proviwlnns. Rev. C. J. Moorhonse. Exeter. con- vener of the foreign miswinnw commit- tee. hrnnght In a eery interesting re- tort which set forth a nnmher °f plans fer bringing en Increasing knnwlodee of the elnlreh's miwdonnry work to lie membership of the ehurch. The draft of the new hymnnry came In for some discnr.olon and certain re- cnmmendntl4es were forwarded to the committee in Toronto The dewire of the Presbytery 1s for n book that will contain familiar hymns and tnnee and Sun Life Assurance Co. of Canada A TQjwER OF STRENGTH 91,898,918,000 9488,938,000 Assurance in Force Assets -- - Dividends to Policyholders increased for the ninth .uceesave year in addition to a speeial maturity dividend bonus H. R. LONG, District Agent PHONES Office 118 Residence 549 -..,.--.,-'tom_ I 1'.111 \ -I'4'-l' 11'.tlt \" as a Presbytery received- the request of our ehalrman, Rev. R 11 1t:lrnhy. B.T.D.. to be relieved of 11'11 charge and placed on the pettelnu („1„1 of e church We accede to r atest reluctance atalt^ et with the g n w doing Po we desire to pla•'e on record our appreciation of the life and ser - Dr. Barnby. As a chrism', v... gentleman he has met the testa of life In the splrit of the Masti't rind ee world pay thankful trtbnte to the fine influence or hos life In our midst.• As a minister of the church his thnr- \ 15,000 Shares NI 1'ar A':, . ough scholarship and true devotion In the North* nt our Lord lune prndnced a mintetry of the highest order and of uninterrupted entreat. As an offi- cer of the Pm*" tery h.• has served with fidelity and distinction. We are glad to know that his gifts and ex- perience are still to he made nor. of by the church. Our prayer la that to the new relation upon wheh he 1s to enter, fie may continue lei enjoy every Milne Mewing and support." Presbytery adjourned to meet In the early autumn at Centralia. National Hosiery Mills, Limited Convertible Preference Stock Fully paid and Non -.\11•' s,al'lr' Incorporated Under the Laws of the PI -seines of Ontario Preference Stock convertible share for share er1into ('t and L'' eti trwi.rt any time on or lefore July I. !1,:13 NATIONAI. TRI'ST (5 MI'AN\, 1.1511"1'FIt. Toronto, ('anaelr CAPITALIZATION Upon Completion of Thi. Financing Authorized 50,000 Shares 100,000 Shares Convertible Preference Stock 1 No Par Value) Common Stock 1No Par Value) •50.000 .hares remain in the Treasury f History and Business Naw,u,„ Il,,.a•ry Mills, 131,11ted, was organized by letters patent un- 4er 11.e laws of the Province of a Ontario, July 25, lir2S, to sequin• all of the meets and busines, of the Real Silk Nueiery 'dills 1,1 Canada, Limited, which was organ - 17A11 OP a private corporation In July, IIr25. 11141ng acquired th.• exclusive Canadian Franchise for ethod oenlSilk Moiety ddistriMtingIh fthe Real1111.. Inc., of lndianap'lis, Ind. Start- ing in a Brinell way, importing ell of its igerehandiee from this In- dianapolis company, the Real S k H"siery Mills of Canada. Limited, has .ince eatabli9hrd 1' branch offices throughout Canada. employing more than 2,l0 men, 1111. ae installed its own manu- facturing equipment and is new producing its own Real -4115 pro- ducts in ('anada. :tort company twilit he pesluct. direct to the consnnrr through it. sales organization of more than 2,41 trained men, conducting a house - to -hens. ,.ertic•1' under the super- vi11ien of 9I branch managers and field executives. Starting with four people. the had office nee has a *toff of 3'S employees. • !Nardi 111eout1oo41 for the bufines. as all that could be' desired, as the growth in sales has, almost (non ''he outset, 5ene forward mere rapidly than the gr'.wth in output. The duublin9p of 110 output, to la trade p,.eible by the extension program now under way, will be rapidly aber'rI''l by a doubting of the average wci•kly rode- vol through the npe•nitlg of more branch ratites and the employment of an enlarged salts force. train- ed men are now bring added at the rate of approximately 311 per, month. The c puny now •lias Ills excess of 1('0.00(1 n• esit order cuetonlerf threughnut Canada au! the number is rapidly increasing. con•ertiatt of Preference Stock. The following is ills' r' -' dug as being the- market 'Apo -rimer of the stock of teal Silk Hosiery Company of . the United - *tater of wit h flit' ('antidian Company is I out. come. This stock is listed on t .e New fork Stock Exehan and is quoted daily. - "The experience of an investor who purchav d 100 shares of stock approximately eigbt years age" - 100 shan't ten dollar tar value, stock purchased for 910(x'. At pn•sent market prices 9)10 per ,hare... . s e1000.00 33 ,hams .tock dividend bonus at present prier tg4(o.usl .9140pr*.hap• Craig di, Wolof paid to date It105.44, " Total 912245. - Les. original imestnlent 10(4 (4 Net profit to inv••I'.r .... 11124•x.1'' Thi. c•"ttip:ilhc bas Mu million .hares 1 .11111 par value steak or eapilpillration tsen1y millibe National Hosiery 'Mills, limited. bre.' a total rash capItalizeti.ar '•1 fifty thnnsan 1 shire. no �'nr tabu• stock fold at eleven dollars, er approximately half a million. „The population ,4 the United `lades Is (441(7 19e•144 tint•. float •4 CHIABN. Thai, call talizatiou of 11.1- A,erican com- pany is forty' times that of the Canadian in ea -h or twenty 1111n•. ,I, c•(mmon stuck when all the coi,. ,,,on is is•Iwvl. The difference ben -h„nkl da• obvi(4o•. Outstanding 50,000 Shares 50,000 Shares Shares Convertible and Redeemable The issue of Couyertihle I'retcreitce Steck now being °tiered for the financing e1 plant construction and rxpuaon operations may be C011- v.'rbsl into co ai stock at the option of the liokle•r, en a share for Alan' Iasis, any time and up to and including July 1st, 1'433, after which date the company hex the right m rethem all er any tart of the ontatandin5R Preference Shares at 917.50 per share. Dividends - Th Directora of the Company ez- lee to inaugurate dividends on the 13 ferencv slier 1140 yearly rate payable. quarter an la nnina IIwrtng agement The o,anagviut ,t of the business will remain in e hands of •th'• Inert responsible (4r i1P 1r.•s•nt growth toad sec.:ear. Purpose of ue I'r. n•ede derive) from 111 ' .ale of this issue of Cony ,'rtible 1' ferenre Sock are lein5 used to tint' t ' the building of a new mill am dye 111'11sr. to purrhae' addiu nal machinery, to finance the Ken 1.1 xpanaion id the bn.inese and ,1st Ns working capital. No portio of the funds coming into the com- pany's treasury through the ole of these shares will go to any mem- ber of the present management of the Real Silk H.eiery Mills of Canada, Limited. ■• all of the physical assets and good will of that company have been acquired through the issuance of common stock of National Hosiery Mills. An Idea Three Years Ago A Successful Business Today The Story of "Real Silk" in Canada FROM a "etoff" of 1o011 people and a •i11gie small „lficc-no Illatlnfaotor111g fa('llits s, and a mere handful of mer- chandising stock -three years ago. to a 210sman Pales organisation. 15 branch offices in charge ef 21 branch manager,' and field executives. ahead otter with n statf of :12 people and with factory equiptui'nt rimming 24 hours a day. , There you have a hastily drawn word picture of this successful manufacturing anal marketing e•nterprie that was an ilea just tine years ago and that, today. gives prones' "f 4404 Ppedilt taking a front rank pswition among the Puccessht commercial enterprise of the 15,. inion. *Duplicating a World -Renowned Success in Specialized Manufacturing and Marketing -What "Real Silk" has done in the States, National Hosiery Mills, •' Limited, is Doing, on a Pro Rata Basis, in Canada To fillt apl.nriatt'tile elm,"a 1imitle'.s p's•ibilities for this enterprise in Canada, it iii only n4ce'seary to onsi'd'e the peat acleicvementr' and the well•f"andel antieiboti'.n. ;u of the originating orgnsation, the grad Reidsilk 11"eiery Mills of irldiannl' lis, Ind. Perhaps %I' can i1'4 vi.nalir.' 1114' amazing growth of that extraordinarily "'meowed enterprise by qts"ting from a trent"IG•al 74i1k - Irsok5'1 : • - "I.ess then eight years nee, the first Real ea ..vr.ie• Han, representing an unknown company and:me untried idea, called at nn American home ' For the lira time in 1it'tnry,.*n American 91111111 was given the opp'rnmite to buy tine silk hosiery in her own horm at a .inose. "At that time our pr'slnction came from a little one-sI"ry building and this 'mollusk, wit, don, with P°nN• fifty rrpn•fi'ntat i 4FP."• - T,alay, the i1 .klet further states. thR e 'al SOSI•.tahld•hment is "the world's larpeot silk 5 .oiery shills -a )loineas the sales 4,1 441,1(11 atnnlltlt 1° "ver 921,(#X',(551 a year one "1 the outstanding mercantile .nre.sscs of all time. Real Silk, in the 1'nited States, Hoa lies a linea sales staff of ,.mle 10,110(1 men and simuen marketing the out- put of those immense Real Silk mills direct to the wearer. in every action wh aI >€ndN111Icorneras1,"1 00(Ith. Te i'hnit.1 State•.kn", awnd wthhate organisation now has before it, 99 its definite ril, a yearly odea volume O'sr o the organization has done in thee past eight years, with the trying pioneering !enol to weather, have little doubt shout that gee' being reacha'd and paoa5l. H. offer o/d r,outwit rid Orr 1'Paw ,54.l, l'5•irr.l,•rslwtrf4of National11„.,,r nr r.,ntfift ting a 141'( •fesirvrhfr mrvztrnrnl. • '5 Mills. Limited.. Immediate Price, $1 1.00 Per Share .411 bort details refiling 1.' 4.s r uldn r,.e "f Miff l'•v,ferf net Murk Arun beryl pm+rd .,..m Ory /.ro.gr, lfirrkley It .Ilnr'N7f k. (if 114011on. IlMnno, for ph, (l.ry.nntem, .,,d ,/n%n 11. Slue, Ere VPH )'.., t . du, for th. Huron Investments Limited Royal Bank Building Phones: 430 - 445 Goderich Ontario