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HomeMy WebLinkAboutThe Goderich Signal-Star, 1954-11-25, Page 9' . • 'With "ina'ny meclern improvements. in styling and engineering, the 1955 Mercury passenger car line introduces an entlfely new autothobile-:--the glamorous Mercury Montclair. All Mercury models have thefull-scope windshield, hooded "'headlights, and a more massive rear -end panel. They are • two inches wider for extra passenger comfort.. Mercury offers a choice of two high -compression overhead valve V-8 engines. 'A 188 horsep.ower engine is standard in the custom and Monterey series. A special 198 horsepower engine, is standard in the Montclair series and optional in the others. The 1955 'Mercury will be available in Goderich soon after production operations are resumed at the now otrtice-bound Ford plants at Windsor and Oalviille. berhart's Garage & ANDREWS STREET YOUR MERCURY—LINCOLN GODERICH METEOR DEALER Try making a whole menagerie 6f cuddly stuffed animals out oVigay scraps from your remnant bag to gladden a child's heart for Christmas. You can get patterns to make a giraffe, horse, camel, cat, donkey and little barobi, some of the animals included in this gift suggestion. Some patterns contain designs for three of four animals. PHONE 625W - 6 I wish had :dollar for every time someone asked what we bankers do, with the money we hold on deposit. Actually, it's quite a simple question to answer—there's no mystery attached to it. The money that the 13 of M has on deposit is kept at work, because — except for the,reserves — no dollar is allowed to lie idle. It is either loaned to individuals and enterprises or is invested in Canada's future. " Without adequate financial resources, expansion and,progress of most Canadian businesses would be impossible. And, it is the,. Bank's, job to supply a good part Of these resources in the form of .loanand investments. Quite simply then, it is your money ,, that turns :the' i'wheels of enterprise — youi. skvings- _ , that contribute so largely to Canada's , progress. Getting down to brass tacks, let's see the facts behind the figures in the 13 of M's 1954 annual report: THE MONEY YOU DEPOSIT; the end of the Bank'slear, October 3Ut, 1954, you and 9 two, million other Canadians had $2,365,669,857 in de- posits with the B of M —the highest on record. Although much of this money be- longs to bititutiOns nd business firms, 11 well over alf of th e deposits represetfi the iaings of eve** Ginadians. -- savings that, diY by day, are working for you . . and for Canada. THE MONEY.WE LEN)31,Yout,s4.Ying5. 01 , •••....., ••••••....:•••••••••••,•,Z:::::.. • , • •••••••,.....::::::. •::,,,,,,,,,,,;,,,,,,,,,,,,..,:::,,,:a., ,,,I.:-:••,,,,,,,,......::*%•••::::. •-••••,,,s,,..,•:,,,,,,,,,,,,,,,,,,.:•,,,,,,,,:..:,,,,,,:k::•••,....,,,,,,,,,,,....:,,,,,,....:••••.,...,,,,•,•.......•,...... ci.":::,1,,,,..,,,,,,,,,,,,,,..7•:,,,,,,,,;,::::••••,,,.......:,•:,,,,x::••••:•,,,,,,,,,k,,,••• • • • • •• • • -:;:•:.:::,,,,,A'Y.:::,..:::'s•:,,,,,,,,,::::•,,,,,:•:;:::•:•.,44:,•41,,,,..:,,,,,,,,,"-' • „, , ......,,,,,,,• ••.,..0,,,..:•.•:•:•:,*.:•.:•:•:•:•:+,...,....' ' • Z.:, • I: + ..... o.• ..... '' ... ...• . • playing Animportane role itrour expanding economyin the form of 'dans • to Canadians of 'every calling farmers, miners, fishermen, oil men, lumbermen, ranchers t� industrjal analusiness. enterfriee&and to ProVincral.. andMtenfeipal Gorrnmenes. As of October eist, of M loans totalled $903,144,964— -,,theehighestliguieeidelreehise tory of the Bank. In a thon- . sand ways;.tbeseedollars played their Part in sustain- ing our standard of WESTFIELD, Nov. 24. — The November meeting of the W.M.S. was held on Wednesday, Novembe 17, with Mrs. Roy Noble leadin r g the meeting and ,her group in charge. Mrs. Alvin Snell 'read the Scripture. Prayer was offered' by Mrs. C. Smith. Readings were given by Jeanetta Snell, Mrs. Roy Noble, and Mrs. Jack Cook., Mrs. Biggerstaff reviewed the chapter on the steely book. The president had charge of the business session. Roll call was answered by 20. A "special' collection''Vactakeri'to-prd-, vide World Friends for the Mission Band menibers. Mrs-. Harvey Mc- Dowell gave an interesting report of the sectional meeting held at Bayfield. It was decided to Send a gift to the society's special mis- sionary for prayer, Miss Millicent 'Howes, of Africa. A committee consisting of ,Mrs. M. McDowell, Mrs. C. Smith, Mrs. Norman Mc-: Dowell, Mrs. Stanley ' Gook and Mrs. J. Buchanan, was appointed' to arrange far the -fiftieth annivers- ary of the organization to be held next year. The treasurer reported $221 raised to date. Plans were Made for. a Christmas 'meeting 'The election of officers was held under the direction of Mr. Nor- man McDowell and resulted as follows: President, Mrs. C. Smith; first vice-president, Mrs. Norman McDowell; second vice-president, Mrs. Stanley Cook; recording Sec- retary, Mrs. Biggerstaff; assistant secretary, Mrs. H. McDowell; cor- responding secretary, Mrs. H. Campbell; treasurer, W.M.S., Mrs. A. Snell; assistant treasurer, Mrs. Roy Noble; treasurer W.A., Miss Jeanette: Snell;, assistant treasurer, Mrs. Alva MeDowell; Christian stewardship and finance commit- tee, -Mrs. Fred Cook, Jeanetta Snell, Mrs. A. Snell, .Mrs. C. Smith, Mrs. J. McDowell; supply secretary, Mrs. Walter Cook; assistant, Mrs. J. McDowell;, Stranger's secretary and committee, Mrs. J. Buchanan, Mrs. M. , Taylor, Mrs. Fred Cook, Mrs. Edgar Howatt; temperance secretary and committee, Mrs. J. McD,owell, Mrs. Gordon Smith, Mrs. Hugh Blair; Miesion. Band superintendents, Mrs. 'H. Blair, Mrs, Howard Campbell; Baby Band superintendents, Mrs. Gordon Smith, Mrs. Roy Noble; Missionary Makthly secretary ; Mrs. Bigger - staff; pianists, Jeanetta Snell, Lois Campbell, Mrs.. G. Smith, Mrs. H: McDowell; W.A. representative to official board, Mrs. Frank Camp- bell; press secretary, Mary Tunney; groups committee, Mrs. N. 1Vic Dowell, Mrs. C. Smith, Mrs. M. McDowell, Mrs. H. Blair, Mrs. F. Cook. ' Mrs. C. Smith closed the ' meeting with benediction. Mr. and Mrs. Marvin Mcnowell visited in Goderich ' on Saturday with the Kershaws and Miss Gladys McDowell: Gordon Snell, Ernest Snell, and ' Daniel Hallahan were -London visit- "spn Monday. Mrs. Jolla Buchanan and Mrs.1 Fred J. Cook sph uscg exit Mr. and Mrs, Stanley Cook. Mr. and Mrs. Melvin Taylor and Lewis Cook and Mrs. C. W. Hanna were visitors at the Royal Winter Fair, Toronto, on Thurs- 1 day: Miss Ruth book.,speritethe week- encl_with..IVIiss..1VIargaretr,Wrightf-0f Auburn. Mt. and Mrs. Lloyd Walden, Brian and Linda, were , Wingham visitors •ore Tuesday. R. G. Kennedy •and R. Herne, of Essex, visited • with „Mr, and Mrs. Ernest Snell -during the 'week. The inany, friends of Mrs. Doug- las Campbell will be pleased to hear that she has returned home ,froni Vingharn hospital where she had recently undergone surgery. We are sorry to report. Mrs. Frank Campbell had the misfor- tune to fall and sprain her ankle. , de Haan has returned home from Wingharit hospital. Second Mate Ronald • Taylor of the,Gordon Lee, Of Midland, Visited on Saturday with his 'pareAts, Mr. L and -Mrs. Bert Tpylor. Mr. and Alrs. Mansel Cook an boys, of Ititibtirn, visited on Sun- ' day with Mr. and M. pr1nerson1 aodger. Mk. and Mrs, Albert likralsli, 'of Myth, 'were recent visitors with Mr. and,Mrs. Walter Cook, THEIONEY WE INVEST; At the close of the 'year- The B of M had $.052,522,945 vested in J44.1i-gre de government bonds abctothet public,secuilties which have a ready'iriarkef. This money is'bfpiitiAnarice.government fl projects for the betterment of• , the country and the,:evelfare Canadians 41arger.Other sitCor- itie held. by '1114 ,Patikeee#bich i0elude inany shoiti4eA• t bring tc4043tiVe'sittierits si • •VAen you open an account at the 13e3f M, you are not only putting your savings in a safe place but you are also investing in Canada's -future. Every dollar you deposit is put to work in some Canadian endeavour that con- triblites to the steady progress of this great coin -iffy of ours. • - BRAE AVASTILONG, Afanagerl Goderich Branch, 13ank of Montreal • • William Rodger, of London, and Verne Nicholson, of Goderich, .were Sunday visitors WiTh Mr, and Mrs. Emmerson Rodger. ST. 'HELENS ST. HELENS, Nov. 24.—Mr. and Mrs. Mel Brown and Bob Murdie, of Kitchener, were week -end visit- ors with Mr. and Mrs, R. Woods and Mrs. Mtn -elle:. Mr. and Mrs. Woods -Were„..,leigiied 55 ,years ago Monday, Neverilber 22. Congratulations -go -to--Mr.- and Mrs. W. J. Htimphrey who recently observed their 62nd wedding an- . niversary• . Mr. and Mrs. We I. Miller, Mrs. T. J. Salkeld and Mrs. W. A. Miller t,rtiednaclye. d the funeral of their cou- sin, .Rees Jenkins., at Clinton, on 'Congratulations go to Ann Todd and Murray 'Gaunt, whet althougb they did nOt win, the Queen's Guineas, had their calves- placed_ among the top eight in their class at the Royal Winter Fair. , eyealipg tIIe jighefigues --in , kiug tory, t4W137,4'4104n0 a port.of the X*01g:44onl ,uwerd levels for deposits loans, walk, responrees at a " high for the ha0,•`4$2,540;001,k 'Th 'report, tOv-or:44 the 09.r ended 0)3640r 31, was week - by Bruce Acragtittalg, 13. of VI manager. 'at Goderich., The bank's capital, whiel for inanY years stood at $$6,000, 000, is now shown at $40 037 following the recent' ,offering uew-13. of M. stock, while the rest account stands at $87,3554024 When the new issue of stock is completed, the figureswill reach, $45,000,000 and $90,000,000 spectiveli---a total in slidreheldere funds, exclusive of undivided pro fas, of $135,000000 ---the highest, figure for any of the chartered banks. Beyond this important increase in the bank's capital position, the most notable change in the bale ence-sheet figures is the very sub- stantial enlargement of $139 mil- lion in deposits, which standeat 2 365' million e. compared with 2,226 miffiTon a year ago. Strong Liquid Position The bank's traditionally strong liquid position is seen in increases which, have occurred, in the hold- ings of government 'and other securities., now totalling $1,170 million, as compared with $982 million in 1953. These holdings coinprise the large part of the bank's liquid • resources totalling $1,694,056,090, which equal '70.17 per cent of the bank's public lia- bilities. "Commercial and other loans" are up from $787 million to $794 while call loans at $97 million compare with $70 million a year ago. A new item in the statement this year is "Mortgages and hypothecs insured under the National Housing Act, 1954" at $10,880,652. Increase in Earnings The statement of earnings shows that, after provision was made for income taxes of $6,925,000, net profits amounted to $7,344,274, compared with $7,042,676 in 1953. Divided payments to sharehold- ers were $5,436,395—about 'a mil- lion and a half less than the bank's tax-bill—and represented the same rate of return as in 1953. reading'WO'rea MAO Rer;-,rPeter-Renner delivered ainwaaprfrfon: hi no els; cis aa yg se b tpeople, ti Next $undak,,,,IVIT. 'Renner ooraposed the Yount-;:, will be held at the .8We titim. with Alt, Kenneth Ashton,k.ClintAn,'as guest by, vspneiakvegit3. Kenneth: is -attending -shend, Keith •cauCtubbedaMeets.y47y ,,Tuheeee:Ceint,raplianrittxy,,, • as.ftulatausuaser. ,EOR BEVTER BAKING GOLD BELL POUND 15 OZ. CELLO 2 LB. PKG. 15 OZ. PKG. 4 OZ. PKG. AYLMER RED , DOMINION TAYLOR'S CORNER, Nov. 23.--e. Service will be conducted- on •Sun - d a -ye N,overerber-28e- by -Mr- Kenneth - Ashton, of Western University, London, in the absence of Rev., Mr. Renner. Mr. and Mrs. Albert Oke visited friends in Toronto and while there attended the Royal Winter Fair. Taylor's Corner W.A. entertain- ed at, a social evening on Saturday, November 20, in honor of Bayfield and Porter's Hill United Church choirs. :Games and a short pro- gram were enjoyed, after which a dainty lunch -was served by the ladies of Taylor's Corner. NAIRS PITTED DATES' Pound 190 POWDER ?riz. 210 Arelieciate. ONTARIO NO, I AUNT DINAH 8 O. PKG. 7 OZ. PKG. ' MOLASSES 1.1.?. 180 DOMINION -GoLvErr-yErt-ovr- SUGAR SLb.410 10. 150' CHR/STIES RITZ wArEas 210 CLARK'S FANCY TOMATO l'firt°z 290 "JWCE Gold Seal Fancy Rod SOCKEYE SALMON "rt Oz. 390 BRIGRTS FANCY • COCKTAIL ,250 ST. WILLIAMS—WITH PECTIN LONDON HOUSE BAR, CRUSE t2z., 25 ALLEN'S CHOICE APPLE MICE 20ri0s. 31 AUNT JEMMA PANCAKE ' 20 .0z. 22it. Pkg. CULTERHOHUSE PITTED lamp MENDES 15 0:, Tin FANCY SLICED DOLE PINEAPPLE 721:2* 360 The individual touch . . . your name handsomely imprinted on 'card you each fine greeting send. Order now fi-Pen Out selection. The SitittlATAR, 24 OZ. • .TAR sluGH-rs PRUNE MOLE Vt.: 2 White or Brovr\n—SlIcod' Richman,: 31111:Ab .14 qz. Loaf Order Them EARLY Heavy with juice and vitamins FLORIDA ORANGtS Size 252's dozen 2 for 49c Sweet eating California RED GRAPES Crisp and Sweet 2 lb., 27c No. 1 Ontario grown COOKING IONIONS .3 lb. poly bag. •23:c" ALL VALUES EFFECTTVE IN AND SAVE DISAPPOINTMENT LATER IN, THE BUSY SEASON OUR GUARANTEE All merchandise sold t't your Dominion store is unconditiOn. ally guaranteed to give vitro 100% satisfaction, 4 V" ONTARIO DEPARTMENT of HIGHWYS Geo, H.