HomeMy WebLinkAboutThe Clinton News Record, 1943-12-02, Page 5-T -i MS., VEG. 2, 194
THE CLINTON NEWS -RECORD "
BANK OF MONTREAL
Founded in 1817
•r../1 presentation, in easily understandable form.,
of the Bank's
ANNUAL STATEMENT
30th October, 1943
RESOURCES
Cash in its Vaults and Money on Deposit with
Bank of Canada a g
Notes of and Cheques on Other Banks .. a s
Payable in • cash on presentation.
Money on Deposit with Other Banks t
Available on demand or at short notice.
1Government and Other Bonds and Debentures
=Nod exceeding market value. The greater portion consists of
Dominion Government and high-grade Provincial and Municipal
securities which stature at early dates,
Stocks . . . . e
Industrial and other stocks. Nat exceeding market value,
-Cali Loans •
•
In Canada .r v . $ 3,350,701.53
Elsewhere . , •18,686,280.46
Payable an demandand secured by bonds, stocks and other
negotiable collateral of greater value than the leans.
TOTAL OF QUICKLY AVAILABLE RESOURCES .
(equal to 83.81% of all Liabilities to the Public)
Loans to Provincial and Municipal Governments
including School Districts
Commercial and Other Loans .
In Canada . ;$215,445,397.05
Elsewhere 10,954,254.27
To manufacturers, farmers, merchants and others, ort conditions
consistent with sound banking.
Bank Premises . . .
Two properties only are carried in the names of holding com-
panies; the stock and bonds of these companies are entirely
owned •
by the Bank and appear on its books at $1.001» each care.
All other of the Bank's premises, the value of which largely
exceeds $13,400,000.00 are included runner this heading.
Real Estate and Mortgages on Real Estate Sold by
the Bank . .•. . . .
Acquired in the course of the Bank's badness and in process
of being realized upon.
Customers' Liability udder Acceptances and
Letters of Credit .
Represents liabilities of customers on account of Letters of Credit
issued and Drafts accepted by the Bank for their account.
Other Assets not included in the Foregoing (but includ-
ing refundableortion of Dominion Government
taxes $195,472.75 . . . . . 2,437,682.99
Making Total Resources of . . 81,313,064,654.69
LIABILITIES
$122,277,005.70
50,369,612.03
41,078,651.11
799,462,639.56
385,280.79
22,036,981.99
1,035,610,171.18
17,544,577.50
226,399,651.32
13,400,000.00
553,727.65
17,068,844.05
Due to the Public
Deposits . a , •
In Canada . . 81,046,857,927.64
Elsewhere . . . 159,016,863.82
Payable on demand or after notice.
Notes of the Bank in Circulation •
Payable on demand.
Acceptances and Letters of Credit Outstanding
Financial responsibilities tutderiaken on behalf of customers
(see offsetting amount int "Resources").
Other Liabilities . . . . •
Items not included under the foregoing headings,
Total Liabilities to the Public .
To meet which the Bank has resources as
indicated above mot/Whig to ,
$1,205,874,791.46
9,790,640,00
17,068,844,05
2,897,045.82
. $1,235,631,321.33
$1,313,064,654.69
Leaving an excess of Resources over Liabilities, which
represents the Shareholders' interest ower which
Liabilities to the Public take precedence.
Capital . . $36,000,000.00
Reserve Fund, Profit & Loss Account
and Reserves for Dividends . 41,433,333.36 $ 77,433,333.36
PROFIT and LOSS ACCOUNT
Profits for the year ended 30th.Octobe , 1943, after making appropria-
tions to Contingent Reserve Fund, out et which Fund full provision for
Bad and Doubtful Debts has been made, and after deducting Dominion
Govern: entTaxes amounting to $2,913,194.04 (of which $ [65,585:92
Is .refundable under the provisions of The Excess Profits Tax Act) .
Dividends paid or payable to Shareholders . . . $2,160,000,00
Written off Bank Premises . . , . . . 500,000,00 2,660,000.00
$ 642,834.19
Bahaace of Profit and Loss Account, 3ist October, 1942 . $1,256,686.94
83,302,834.19
Balance of Profit and Loss carried forward
GEORGE W. SPINNEY, 13, C. GARDNER,
General Manager
President
$1,879,521.13
* f >t
The strength of a bank is determined by its history, its policy,
fits management and the extent of its resources. For 126 years the
Bank ofMontreal teal has be `r
been in theforefront
o of Canadian finance.
AUBURN
Miss Marjorie Arthur of Teeswater
•apent the week end with her mother
Mrs. John Arthur.
Dr, B. C. Weir was .in Strathroy
last Thursday–He He was accompanied
home by his sisters who will spend the
Winter here.
Miss Vivian Straughan is practice
teaching at Central School Goderich
this week,
Miss Laura Phillips is visiting Mr,
'and Mrs. W. H.: Sheppard, Blenheim,
Miss Norma Deer is visiting friends
in. Detroit.
Mr. ,las Jackson has returned from
'Toronto.
His sister Miss Margaret Jackson
underwent a ,major operation is im-
proving.
Mrs. Walter. Taros (Mary Carrel)
has received word from her husband,
Private Walter Taros who was woun-
ded in Italy. He stated wounds in his
hip and •baclt would keephim confin-
.ed to hospital for tow months After
which he would be able to return to
the fighting lines.
Walkerburn Ladies' Club.
Mrs. Archie Robinson grave her
home for the meeting of the Walker -
burn Ladies Club. when 12 were pre-,
sent. One Red Cross quilt was coni: i
pleted and patches made for another.
Mrs. Ernest Patterson invited the
Club to her home for the next meet -1
ing which Will be held in January.
Two meetings were held in November
and the December meeting was can-
celled. Refreshments were served.
Mr. and Mrs. Oliver Anderson en-
tertained at their hone in honor of
Miss Isobel Scott, a bride elect of
next month and, her fiance Keith Gar-
diner, Five tables of progressive eu-
chre were played and Miss Madeline
;Caesar won the prize for the highest
score. Two contest were staged by Mr.
Anderson who presented prizes to Mrs
T. S. Johnston and Miss Caesar for
the most correct answers. A. mock
!wedding was performed with Mrs.
Harold Nicholson, Mrs. Chas Million,
and Mrs. Wesley Bradnock Mrs.
John Armstrong and Miss Josephine
Weri, taking part Mrs. Hugh Bennett
played the wedding march and a.e-
companiod Mi•s. Nicholson when she
sang "0 promise Me." The bridal
party were all dressed in comic cos-
tume, the bride carrying a large bou-
quet of artificial roses.
The guests of honor took their plac-
es with the wedding party. Mrs.
Harold Nicholson read an address and
gifts consisting of oven, glassware,
crystal and linen were presented. All
joined in singing "For They Are
Jolly Good Fellows, A sing -song was
then enjoyed. Refreshments were ser-
ved, after which Mrs. Hugh Bennett
moved a vote of thanks to Mr. and
Mrs. Anderson for their hospitality.
Those present were Mr. and Mis.
Hugh Bennett, Mr. and Mrs; Chas.
Million. Mr .ancl Mrs. Wesley Brad-
nock Mi. and Mrs. T. S. Johnston, W.
Wagner, Norman Wilson, Mrs, Har-
old Nicholson, Misses Madeline Cae-
sar, Josephine Weir and. Laura Picil-
I
ifs r'
3124,412/41.44.,
CUT FLOWERS
FLORAL DESIGNS
For Every Occasion
Ce V. COOKS
FLORIST
Phones: 66'w and 66i
Dressed Poultry
Our Christmas City Trade requires
large quantities of Dressed Turkeys
Geese, Ducks and Chickens,
'High .prices will be in order for
this trade and our prices will be
in line with _ceiling prices. Get in
touch with us before marketing your,
binds.
N. W. TREWARTHA
Day Phone 214. Night Phone 328.
Batkins Locker Service
WE HAVE SALMON, WHITE FISH
COD FILLETT AND HADDOCK
FILLETT AND HERRING
HAVE YOU TRIED OUR FARMERS
STYLE SAUSAGE
WE BUY HIDES
FROZEN FOODS ARE BETTER
FOODS
lips.
The Baptist Church congregation
held their annual meeting with the
pastor Rev. A. E. Silver in charge.
The congregation has had a very en-
couraging year, the treasurers' report
showing a substantial balance. The
officers elected for the coming year
are deacons, James Raithby, Earl
Raithby, Cleric Glen Raithby, secre-
tary -treasurer Frank Raithby, trus-
tees, Glen and Earl Raithby, Mrs.
John McKnight, Mrs. Stanley John-
ston, finance committee, George
Raithby, Elsner Robertson, Frank,
Earl and Glen Raithby, Mrs. R. J.
Phillips and Mrs. Earl McKnight, ush-
ers, Geo. Robertson, Win. ,Raithby,
Harry Webster, organist Mrs. R..7.
Phillips, Choir leaders Mrs C. A.
Howson, Sunday School superinten-
dent, Rev A. E. Silver, assistants,
each responsible for three months.
Earl Raithby, James Raithby, Elmer
Robertson, Glen Raithby, Sunday
School treasurer, Mrs. Stanley John-
ston, assistant Marie Raithby secre-
tary, Emma Robertson, teacher Bible
class, Geo. Raithby, senior boys and
girls Frank Raithby, junior boys and
girls Mrs. Einer Robertson, primary
Mrs. Stanley Johnston, pianist Mrs.
Glen Raithby, assistant Mrs, El-
mer Robertson.
V
STANLEY
Miss Nola Taylor of Goderieh spent
the week end visiting Mr. and Mrs.
Walter Baird.
Mrs Margaret Green of Goderiehis
visiting' at the home of Mr. Hugh Gil-
mour and Miss Mary Gilmour.
V--
SUMMERHILL
A number of young people from
Summerhill have formed a Club and
Purchased the old Orange Hall on the
Base Line, which they intend to use
for Red Cross meetings, parties, dan-
ces, eta.
V.
HOLMESVILLE
Mrs. Ezra Durst of Detroit .called
on' Miss M. Proctor on Friday last.
The board of the United Church
meets at the Parsonage on Saturday
evening.
Mrs. J. B. MVlaeii'latb returned from
London on Monday.
Charlotte and Betty Stock were
home over the week end.
Group 3 are holding a quilting in
the basement of the church on Thurt.
day.
Mrs. David Bassein called on. Miss
M. Proctor on Wednesday.
Mr. Robt. McCartney and, his dau-
ghter Mrs. Rages and Elizabeth of
Galt called on friends and relatives
on Sunday; 1
The Red Cross will hold its meet-
ing on Tuesday, December 7th, at
2 ppm. at the home of Miss S. Ache-
son. The ,election of officers and also
a pot Tuck supper will take place.
Everyone is urged to attend.
V
Although phosphorus is usually re-
garded as the important element af-
fecting maturity of .flue -cured tobae-
co, nitrogen is the horticultural- ele-
ment determining ripening and leaf
growth after topping,
PAGE 5
ROXY THEATRE
CLENTOT(GAD167t11CH
CAPITAL TNFATRE
REGENT THEATRE
SEAPORT/1Now
Playing — "Appointment in
Berlin" and "Lone Prairie."
Now Playing --"Destroyer" star_
ring Edward G. Robinson.
Now Playing—"Silver Skates" with
Kenny Baker.
MON., TUES. & WED.
-Two Features--
"TWO SENORITAS FROM
A scream of a team in a musical
dream. Joan Davis and Jinx Fal-
kenburg. — Added Attraction—
"COUNTER ESPIONAGE"
The Lone Wolf Tracks down Nazi
agents in England.. Warren Wil-
Irani.
MON, TUES, &WED-
Fred
Fred. Astaire, loan Leslie and Ro-
belt- Benchley, Bright and clever is
this' flashing story of an irrepres-
Bible young• ruin, LIMIT"
THE SKY'S THE
MON., TUES. & WED.
Claudette Colbert, Paulette God-
lord and Veronica Lake. This •is
the picture t1,at earned unstinted
praise from critics everywhere.
yw
'You'll never forget—
"50 PROUDLY WE HAIL"
,THURS., FBI. & SAT.
– WO Features—
Penny Singleton, Arthur Lalre and
Larry Simms, Set a new style in
comedy fen. the Bumsteads.
"FOOTLIGHT GLAMOUR"
John Beal, Florence Rice and Alan
Baxter, Tell a dramatic storythe of
air -lanes,
"STAND BY ALL NETWORKS"
THURS., FRI. & SAT.
Charles Laughton and Maureen
O'Hara. This powerful story' will
- take you right into a little Norwe-
gran community, where the Nazi
foot is .heavy. "
PHIS LAND IS ME1VH.
THURS. ,FILL & AT.
"LUCKY JORDAN"
He bought a mother for $50 but
even• she couldn't keep him •out of
the draft, Alan Ladd, Helen Wal-
ker ,and Marie McDonald.
Coming—Edward G. Robinson in
"Destroyer.'"
Matinees -Sat. and Holidays 3.
Coming—,"First Comes Courage,"
and "Henry Aldrich Gets Glamour"
Coming — Salute for Throe" and
Submarine Alert'
For SATURDAY
FRUIT BREAD
JELLY ROLL
PUMPKIN PIE
TEA BISCUITS
BARTLIFF'S
PHONE 1
CARD DF THANKS
Miss Jean Nediger and fancily,
wish to extend' their .sincere thanks
and appreciation to friends, relatives
doctors and nurses, for the many
acts of kindness extended her during
her recent illness.
CARD OF THANKS
I wish to express my appreciation
for the many acts of kindness, ex-
pression of •sympathy, the beautiful
floral tributes, and the loan of ears,
extended by neighbors, friends and
relatives during my recent sad be-
reavement.
Mrs. George W. Cook.
BIRTHS
CARLESS—In Clinton Public IIospi-
tal on Sunday, November 28th, to
Pte, and Mrs. A. Benson Corless,
a. daughter, (Susan Blanche).
ELLIOTT—Mr. and Mrs. Roy Elliott,
Goderich Township, are hailPy to
announce the arrival of their dau-
ghter, Mary, on Thursday, Decem-
ber 2nd, at Clinton Public Hospital
GILBERT In Scott Memorial Hospi-
tal, Seaforth, on Sunday, November
28th, to Mr. and Mrs. Jack Gilbert
(nee Olive Mair) Clinton, a daugh-
ter.
DEATHS
KERR--In Clinton, on Saturday, Nov-
ember 27th,, James Herbert "Bert"
Herr, aged 74 years.
Fraise for Navy League's
Work an Encouragement
To all of the thousands of Navy
League workers who are supporting
and have so consistently supported
the work of the Ontario 'Division for
the men of seas, the public 'tribute
pais) by ,nen of high and low degrees
during Navy Week must come as a
source of gratification,
Children, civil Officials, goverot-
ment officials, Wiston Churchill, our
Minister of the Navy, Hon. Angus L.
Macdonald, Queen Mary, Rear Ad-
miral W. T. Cluverius (U.S.N. retir-
ed), who visited here with the endor-
sement of United States Secretary of
the Navy, Frank Knox—all have re-
corded their approval mut endorse -
tion of the Navy League's rare for
our own and Allied'sailors.
In a cable to D. H. Gibson, Presi-
dent, Dominion Council, Navy Lea-
gue, Mr. Churchill said, "I atm glad
to send my good wishes to the Navy
League for its continued success. The
great increase in the Royal Canadian
Navy since the outbreak of war has
been an added incentive to the Navy
League in its valuable work. I con-
gratulate you upon the skill and re-
source with which you have under-
taken your new anti extended task for
the welfare of our seamen and thank
you on behalf of the men of the Un-
ited Kingdon who .have enjoyed your
hospitality.
Of the Navy Leagua's Royal Can-
adian Sea Cadet training program,
Rear -Admiral Cluverius said, "It is
a vital eontributio,' to the war effort"
It's success was attested by the.
To the Electors of
Hullett Township:
Being the senior member of the
council, I have ,decided to stand for
election as Reeve for 1944, and if
elected will try to give you sound and
economical administration. I would
appreciate your vote and influence in
the coming election.
Yours sincerely,
George C. Brown.
GRADE A MILKFED
CHICKENS
31 Cents
CANADA PACKERS LTD.
Clinton / Phone 580
Teacher Wanted
For S. S. No. 5 Hullett Township.
Duties to commence Jan. 3rd, 1944
Apply stating qualifications and sal-
ary expected by December 15th, 1943
to
F. M. Peckitt, Sec.-Treas.
73.2 Londosboro
TENDERS FOR POLES
Tenders will be received for Tele-
phone Poles up to December 15th, at
ithe office of the Secretary -Treasurer
Tuckersmith Municipal Telephone Sys-
tem .
Specifications may be obtained front
the Sec. Treasurer, Jno. If, Cornish,
Brucefield Ontario.
a
'73-2
For Sale
Thirty cord of .green wood, one foot
long. C. H. Cartwright, phone 28r7
Blyth. 73-1
For Sale
Man's heavy black coat, large size
price $3.00. Apply at the News -Rec-
ord. 73-1
For Rent
Light housekeeping rooms. Apply
to Mrs. Lorne Brown, phone 367.
manner in which the lads trained as
Sea Cadets had acquitted themselves
ih action with the enemy—'to the ev-
erlasting credit of the Navy and Mer-
chant Marine.
These words of deserved praise will
go far to strengthen the hands of
those who day in and day out keep the
thought of care for our sailors upper-
most
ppermost in their thoughts. May many
recruits to the Navy League cause
follow, too!
V
Three varieties of soybeans, Man-
darin; IKabott, and Pagoda—all of
them developed by the Division of For-
age Plants, Dominion Experimental
Farms Service—have made valuable
contributions to Canada's war effort,
yielding •both, oil and much-needed
protein.
v
Between early and late growing va-
rieties of vegetables there is a strik-
ing difference (up to five tunes as
great) in vitamin •and mineral con-
tent. Early varieties have most,so
that in assessing the nutritive vaI-
ue of, a diet, of cabbage'for example
allowance must be made for the time
of year.
HATCHING EGGS WANTED
We require breeding flocks all
breeds to supply us with hatching eggs
for .1944 hatching. season. Flocks cull-
ed and bloodtested free. Guaranteed
premium paid, also additional hatch-
ability. premium. Also turkey flocks
wanted to supply hatching eggs. It
will pay you to write for full details
immediately,
TWEDDLE CHICK HATCHERIES',
Limited.
71-5 FERGUS, Ontario,
For Sale
Ladies brown fur trimmed coat;
black velvet dress, size 40; also
man's fur -lined overcoat, Reasonable
Apply to Box 39L News -Record. '73-1
4
Sows Wanted
Preferably just having raised a
litter, not bred, J. W. VanEgmond,
R.R. 1 Clinton, phone 805r13. 73-1
For Sale
Upright piano in good shape. Ap-
ply at the News -Record office, '73-1
Dog For Sale
Manchester terrier. Apply Clinton
Bicycle Shop or phone Clinton 618r22.
For Sale
A number of choice Yorkshire
chunks; also one black Percheron colt,
rising two years. Apply Raymond
Townsend, Clinton phone 614r14 73-1
For Sale
Nine little Yorkshire pigs, eight
weeks cid. Apply to Fred McCool,
Londesboro, 73-1
For Sale
Lionel DeLuxe Electric Train, large
6 cars, switches and many extras.
Like new and a beauty; also sever-
al steel trucks, games, etc. All pre-
war material. Douglas Cook, Hensel!,
Phone 63, 73-1
Raw Furs Wanted
Mink, Fox, Coon, Skunk, are in good
demand get my price before selling
elsewhere. Norman East, Fur Buyer,
11,12. 1 Clinton, Phone 805r41. 71-6
Wanted
One or two rooms in which to store
furniture. Write to Box 36W, the
News -Record. 72-2
•
•
For Rent
Two furnished rooms with bath-
room, also private entrance, Phone '
267w for informaton. '72-2
For Sale
One 29 model .A. Ford, good tires,
good running condition. Apply to
phone 205 Clinton. 72-2
Apples For Sale
Good spy apples $1.00 a bushel at
the barn in your own bags or hampers.
Phone 910x28, T. R. Jenkins, R.R. 3,
Clinton. '72-3 e.o.w.
Wanted
ChiId's tricycle wanted in good con-
dition. Phone 233W Clinton. 72-2
For Sale
Reecnt]y purchased beautiful aU
wool tweed box coat in brown tones,
never worn. Reason for selling. Size
14-15. Reasonable price. Apply at the
News -Record. '72-2
For Sale
Twelve pigs, 8 weeks old, Apply to
Wesley Hoggart, Phone 22r805, 53.53.
1 Clinton. 72-1
For Christmas Gifts
A. limited number of Nylon and
Bristlecon,be Hair Brushes. Also per-
sonal brushes, may be ordered at
Miss Winnifred O'Neils, Phone 75j.
Fuller representative. 70-6
For Sale
Good 1 1-2 storey house, with new
bath. House in good eonditon. Also
small barn, garden and fruit trees.
Apply to J. V. Diehl, Queen street,
Clinton. 69.tf
Wanted to Buy •
Wanted to buy, old horses and dead
cattle for mink feed. If dead, phone
at oteet Fred Gilbert 908r22 or Jack
Gilbert 90$r21. 58-tf
Wanted
Live, old and disabled horses and
cattle for stink feed. Elmer 'Hick,
Phone Clinton 907x5. 39 -e -o -w