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THE CLINTON NEWS -RECORD
THURS., NOV. 28, 1940'
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1 Read - And Write r For You
y
(Copyright)
By John C. Kirkwood
It is not a new ideaby any means,
-namely, the idea that if all the
world spoke the same language, wars
would tend to disappear from the
-face of the earth. Even so there
•are countries which cling to their
• own -tongue tenaciously - Ireland and
Wales, by way of example. Ireland
would like to replace English with its
own tongue. Fortunately Scotland
apes not try to increase .the use of
Gaelic!
Here is what Dr. Ullman, profes-
sor of Latin, University of Chicago,
says on this subject 'cif ,a common
language for all nations: "You can't
love your neighbor as yourselfif you
?don't know him and talk the same
language,both literally and figurativ-
ely. Chamberlain did not understand
German, and for that reason perhaps
could not understand Hitler."
Many of us older persons have been
much offended by the exhibition of
films which portray crime, especially
before children and adolescents. Even
though such exhibitions are glossed.
over with the declaration that these
crime films are intended to discourage
the practice of crime, yet we know
that their major effect is to make
crime exciting this to say the least.
Now it is being proposed to produce
films which will stress idealism for
youth and right social behavior. We
do not want "goody-goody" films
pious films, but we do need and want
films for exhibition before children
and boys and girls in their teens
which will exalt fine living and high
ideals. Indeed, we need a higher
quality of films for adults. Films
showing frivolous living, fast living,
indulgent living, unnatural Iiving, and
indecencies . are all too common. We
do not want films to be sermons, yet
we do want them to appeal to our
setter selves, not to our coarser and
baser selves. And, by the same tok-
en, we want more books of the bet-
ter sort. Far too may of our best
sellers are really dirty.
Here's something which will tax
your imagination beyond its abilties:
the star whose name is Ras Algethi,
brightest member of the constellation
of Hercules, is now declared to be
the largest known star, having a
diameter of 690,000,000 miles! The
sun's diameter is but 864,000 miles.
If 'Ras Algethi were hollow there
would be room inside to put th sun,
and the planets of Mercury, Venus,
the earth and Mars, all revolving in
their present orbits.
The second largest known star is
Mira, in Cetus the whale, 395,000,000 !
miles in diameter. II
When we contemplate the universal
and the magnitude of some of its'
stars, then our earth and all that
goes on, thereon seem to be trivial.
Science and invention are being
heavily relied upon in Britain to win
the war against Hitler. The Depart- ;
Ment of Scientific Research in Great
Britain has to examine a weekly i
average of 400 ideas and inventions!
which have been submitted for con- •,
sideration. Of these 400 about foul -
1'/a - are worth while. Some of the
best ideas are received from very
ordinary persons, having little or no
scientific training. Some of the ideas I
submitted avid approved will be more;
useful in peace times than in war
tunes. But there is a very big pro -1
portion of crazy ideas. Thus, one 1
suggestion was that there should be
invented a gaseous substance which,
when it came into contact with a .
falling body, would turn to gelatine -
so that parachute troops should comer
down wrapped up like chickens -in -
aspic, Sonne persons want to have
wild animals dropped from airplanes. i
Ideas for death -rays are received,
from many.
Probably YOU have ideas - if not;
inventions which in your belief
would smash the Germans, the Ital- i
ians, the Saps, the Russians. ?rob -
ably you have imagined yourself en-
dowed with magic power to fly over
all lands and seas, and with power
to slay whole armies and navies, and
particular individuals - you being in-
visible and bodyless and deathless, of
course. In other words, you want
to be translated into deity - an aveng-
ing deity. Well, such dreaming is
probably harmless, and may help to
lull you to sleep when sleep is slow
in arriving.
The Ringling Brothers -Barnum &
Bailey Circus is to be modernized
which may not be good news to those
3 34 %
On Guaranteed Trust
Certificates
A lege: investment for
Trust Funds
Unconditional), Guaranteed
THE
STERLING TRUSTS
CORPORAHON
STERLING TOWER TORONTO
of us able to remember the old -tine
circuses which visited our sinal towns
as well as our big cities. The ele-
phants, clowns and acrobats will be
retained, but the "big top" is likely
to give way to a canvas auditorium
without poles, suspended from . huge
portable steel towers 160 feet high.
Wagon cages for the animals will be
eliminated, and the animals will be
shown in surroundings resembling
their natural habitats, The iron bars
of the cages may be replaced with
transparent plastic bars which will
be invisible to spectators. But. the
"acts" may be fewer because of the,
inability to search Europe for them
during these war times. Yet many of
the European circus folk have emi-
grated to South America, and so new
acts may come from this part of the
world in the future.
What are a man's best years? This
question is being asked - and answer-
ed - by an increasing number of
persons, many of them psychologists
and students of human achievement.
Quiterecently the American College
of Surgeons was told by the president
of the California Medical Associa-
tion that man reaches his top mental
age after 50. Professor Walter B.
k'itkin ns at 4061 -
says that "life begins Y
which is a very comforting reflection
for many men over 40. Oliver Wendel
Holmes said, "If you haven't cut your
name on the door by the time you've
reached 40, you might just as well
put up your jackknife." Sir William
Osler, famous Canadian -born doctor,
put the peak age for men below 40.
He said: "Take the sum of human
achievement, in action, in science, in
art, in literature; subtract the work
of the mem above 40, and, while we
should miss great treasures, we would
practically be where we are today...
The effective, proving, vitalizing work
of the world is done between the ages
of 25 and 40."
One spokesman for men of 40 and
over -a Chicago surgeon - says that
if we were to discount the accomp-
lishments of men above 40, the world
would have missed such things as
"Gtilliver's Travels", "The Last Sup-
per" of da Vinci, the Monroe Doct-
rine, "Verdi's Aida", Marlborough's
victory at Blenheim, and Confucian-
ism.
From the study of the records of
400 men famous in all lines of intel-
lectual activity, it has been found
that the average age of greatest
achievements was 50, One authority
says that "as a rule, a man's achieve-
ment rises till age 40, then falls,
though not very rapidly, upto age
70."
Thomas Edison obtained almost
one-third of his patents - 312 out of
1076 - between the ages of 33 and
86. The most productive year of his
entire career, with 104 patents, was
his 35th. Verdi composed his great-
est operas between the ages of 74 ,
and 80. Voltaire at 80 was the in-
tellectual match of any contemporan-
eous European.
Perhaps it is foolish to try to get
any final answer to the question,
What are a man's best years?, yet it
should be very comfort; cg to all cf
Ls over 40 that it is possible to do
aur best work after tnat age,
CALLING MILITIA ANGERED
OPPONENTS WHEN FAMOUS
ELECTION HELD IN 1841;
Verdict Upset By Outside Recount
By Nerissa Archer McInnes
With further reference to the his-
toric election in the Huron Tract in
1841 in which voting extended over a
week, March 22-27, additional inter-
esting facts may be recalled. Capt.
R. G. Dunlip, member for the district,
had died on February 28 previous to
the election and his brother, the fam-
ous Dr. (Tiger) Dunlop, was the new
candidate.
Dunlop expressed his determina-
tion to assist in subdueing the Family
Compact as he would a wolf or a
venemous reptile. He also assailed
the "violence of Orange and Tory
factions."
At once the air was full of "clash
of broadswords and the din of gath-
ering clans" His opponent was Capt.
James Magill Strachan, son of John
Strachan, brother-in-law to to com-
missioner of the Canada Company, T.
M. Jones. Even his opponents liked
Crypt. Strachan. In person he was.
handsome, a good horseman, most
particular in his dress, affable and
courteous. Quite different was Dr.
Dunlop, who was good humored,
clumsy as he was Clever and always
dressed in homespuns.
Capt. Strachan came up from Tor-
onto and established himself at God-
erich and the Famely Compact and
the Canada Company became one in
opposition to Dr. Dunlop. Excitement
ran high and nothing in the "Wilds
of the Woolly Wiest" surpassed the
doings in the Huron Tract at that
time.
Inflammatory and personal
speeches were made from the veranda
of Isaac Rattenbury's hotel, Clinton.
The Scotch, the Irish, the Canada
• Company and the Colborne Clique all.
held meetings. "There were, so ninny
rows in Goderich," 'said one old resi-
dent "gnat. I dant mind any one in
particular." -
It was the intention that the urea
from the Williams section of the
Huron Tract should arrive on Satur-
day to be ready for voting Monday
morning but owing to the state of
roads they did not arrive until Sun-
day and in deference to the day they
]sept their flags furled and joined Dr.
Dunlop and marched in order to
where the Presbyterian service .was
being held. They filed in pew after
pew and when all were seated the
snuff box •was passed around. Dr.
Dunlop this day outdid himself. All
were dressed alike in Scotch plaids
and bonnets.
In sharp contract was Capt.
Strachan, who, with his brother-in-
law, the commissioner, that. Sunday
afternoon, cantered down the streets
on their well-appointed steeds follow-
ed by a groom. The Strachan men
came' into town with their colors fly-
ing, horns blowing, hurrahing and
shouting.
As the election campaign was caus-
ing a great deal of disturbance.
throughout the province, Dr. Dunlop's
followers (chiefly Messrs Hyndman,
Lizars and Ransford) thought mili-
tary aid shouldbe sought. London
was the nearest garrison town and
John Galt, a famous pedestrian, vol-
unteered for the trip and early Sun-
day night began that renowned 60 -
mile walk in blanket coat and red
cap, taking the byways and paths in
which he would not likely be met or
molested. When news of the request
for military aid reached Fettle Fish-
er's Inn at Goderich the commission-
er was furious. •
The next morning the voting began
at Rattenbury's Inn, Clinton, and the
men from Williams quietly closed
around the polling booth and allowed
the voters in one by one.
There were men from Stratford
and the Easthopes, also from the
Wilmot Line, in the extreme eastern
section Of the Huron Tract, in 12 or
15 wagon loads. Rattenbury's Corn-
ers (now Clinton) was the only place
in the riding where voting was held.
Others came from Tuckersmith and
Hullett, who had blazed trails and
bridle paths to follow ere the main
road was reached. At one time the
men from Williams. were ousted and
the Irishmen got possession of the
front porch at Rattenbury's and kept
back the undesirable voters, at least
those whom they thought were un-
desirable, using as their weapons the
ever handy axe handle. There were
hours and even days of that week
when it was not safe for anyone but
an Orangeman to be abroad but when
the message that John Galt's mission
had been accomplished and that a
military contingent was about to
enter Rattenbury's Corners the Or-
ange colors faded rapidly.
The result of the voting at the end
of the week was 149 for the Tiger
Dunlop and •1.59 for Capt. Strachan.,
Dr. Dunlop, advised by Mr. Hynd-
man, the returning offi88er, protested
the election and at a dinner where
enthusiasm and indignation ran high,
a subscription list, to defray expen-
ses of a recount, was made out head-
ed by Mr. Hyndman who donated £20.
After the election contingents were
formed by men from the various sec-
tions and headed for Goderieh. Dr.
Dunlop, with a bodyguard of eight
young men and many supporters,
marched at a` dignified pace, follow-
ed by wagons filled with the men
from Williams.
Capt. Strachan, Baron de Tuyle,
with the staff of the Canada Comp-
any, were in carriages. Each pro-
cession was provided with a band of
music.
The Stratford contingent, with J.
C. W. Daly, John Vivian, W. F. Mc-
Cullough and Andrew Monteith in its
number, were mostly Roman Cath-.
.olio and near Goderich were joined
by an Orange party head_d by Dr.
Hamilton 'and J, C. McCarthy. 'these
latter contingents were all Strachah
supporters.
In April, 1841, the month after the
election, Dr. Dunlop published a
series of letters to the electors of
Huron in which he set forth in detail
all the numerous aspects of the elec-
tion and the reasons for his defeat.
The one which really decided' the mat-
ter in the env,' was the fact that some
men voted who didn't have the deeds
to their•property the required length
of time.
In the following Tune a petition
from Dr. Dunlop, asking that the
election of Capt. Strachan be set
aside, was presented in the House
and as a result commissioners for a
special scrutiny were elected and sent
to Goderich in August. The scrutiny
was held at Rattenbury's, where the
voting took place, and daily Mr.
Jones' private secretary, Michael
Kelly, wheeled the books and, records
back 'died forth from the company's
new building to the !en in :a wheel-
barrow.
Finally, a select committee was ap-
pointed to inquire into the merits of
the petition and they resolved that
the petitioner, Dr. Dunlop, having the
majority of legal votes, was duly
elected.
Capt. Strachan actually held his
seat in the House only 14 days.
Huron Old Boys' Asso'n
--t—
Tlie 41st annual !'At IIome" of the
Iluron Ola Boys' Association of Tor-
onto, was held in the Eaton Auditor-
ium on Friday evening, 22nd lust„
but owing to war conditions and other
reasons the attendance was smaller
than in former years.
The Huron J'imior Association join-
ed in the affair and assisted very
much in the entertainment.
DeCourseys Orchestra supplied the
music for the dance, whilst Euchre
and Bridge was played in Recep-
tion Room. Supper, was served in
the dining room at 12 o'clock , and
service was excellent. The 'meeting
closed at 1 p.m.
The following were amongst those
who were present:
r Dr. and Mrs, J. C. Ferguson; Dr.
and Mrs. C. F. Belden; Dr. and Mrs.
H. C. Hodgen; Mr. J. A. McLaren;
H. M. Jackson; Rev. R. C. McDcrmid;
Rev. A. L. Budge; Mr. E. Floody; Mr.
and Mrs. D. D. Wilson; Mr. and Mrs.
A.. McQuarie; Mr. and Mrs, John
Moon; Mr. and Mrs. W. E. Hanna;
Mr. and Mrs. B, Ii. McCreath; Mr.
and Mrs. R. J. D. Duncan; Mr. ani
Mrs. S. Wickens; Mr. W. A. Buchan-
an; 121r. H. I. Morrish: Dr. P. W.
Bryans; Mr. and Mrs. H. D. Morris:
Mr. and Mrs. W. Fergie; Mr, and
Mrs. W. D. Sprinkle; Mr. and Mrs. A.
J. Masson; Mr. and Mrs. W. C. Bean;
Mr•. and Mrs'. Jas. Saul; Mr, and Mrs.
G. W. Paterson; Mr. and Mrs. B.
Cornell; Mr. and Mrs. J. Watt; Mr.
and Mrs. C. A. Stewart; Mr. and Mrs.
LM. Pringle; Mrs I. H. Brown; Mrs.
Edith Sloan; Mrs. J. Sanderson; Mrs.
O. Gandicr; Miss Dell •O'Neil; Miss 1,
MacDougall; Miss Edith Morrish;
Miss Eva Bryans; Miss K. Campbell;
Miss L. Farrow; Miss E. Farrow;
Miss C. Sterling; Miss L. Crittenden;
Miss A. Hamilton; Miss Leiper; Mies
A. Walker; Miss J Levack; Mr. W.
W. Given; Mr. R. Leiper; Mr. F. H.
Rush; Mr. Gordon Fowler; Mr. W. T.
Winter; Mr. J. E. Wilson; Mr. W. H.
Ferguson; Mr. and Mrs. W. E. Stark;
Mr. and Mrs. Sam. Wilson.
Notes:
Robert Leiper spoke of the old clays
at Harlock when Thos. Neilans was
the Postmaster and Assessor. Harlock
is situated on the 12th concession of
Hullett, and is the centre of one of
the best farming communities in the
County of Huron. It is also the centre
of Municipal Politics as Mr. Leiper's
father is Reeve of the Township. The
Knoxes, Wattses and Campbells were
the oldest settlers.
Rev. Austin Budge retired Presby-
terian minister, lecturer and author,
spoke of the old days at Clinton I-Iig
School and of his lst days experie•ec
in ploughing at the farm near Bel -
grave,
Harvey Morris is a big booster for
Lonclesboro, as he and Mrs. Morris
are frequent visitors.
H. J. Morrish told of the old days
at Westfield, where he taught school
and W. H. Campbell was chairman of
the Trustee Board.
Miss Dell O'Neil spoke of the old
days in the Clinton High and Model
Schools, where E. Floody got his ap-
prenticeship.
Mr. Jas, Saul took the 1st prize in
Euchre and last year Mrs. Saul car-
ried off the first prize, The Saul
family are great winners.
Pedagogues, High and Public, were
as plenty as roses in a South Park.
dale garden.
Mr. H. M. Jackson, Past President,
was as usual the life of the party. He
never forgot names or faces.
The Huron Old Boys' Association
was organizer] in January, 1900, and
of the 75 percent at the lst annual
meeting, E. J. B. Duncan, Thos. Scole,
W. F. Cantelon and E. Floody only
ones left to tell the tale.
Miss Isabel MacDougall, retired
teacher, taught in the Clinton Model
School forty years ago. Those were
the days of Turnbull, and Malloch.
Mr. Athol McQuarrie spoke of the
days when he was "boss" in the God-
erich Signal Office.
Mr. J. A. McLaren told of the 1st
annual banquet of the association at
Webb's Restaurant, Yonge St., in 1900
when Sir John Willison was chairman
and the Hon. A. M. Ross was the
guest speaker.
Our popular president, Dr. J. G.
Ferguson, has been called to the army
ranks and may go overseas. It will
not be a surprise if he returns some-
time 'in
ome-time'in the near future bearing the
title of Lieut. Colonel Ferguson.
Vice Pres., W. E. Hanna, was late
in arriving, but made good use of
the time for the balance of the even-
ing.
Dr. C. F. Belden, Past President,
and Mrs. Belden were early en the,
job, and aided very materially in the
reception of the guests.
Dr, and Mrs. Ferguson were at the
head of the reception committee and
gave the guests a Royal welcome.
T() MAINTAIN QUALITY
CANADIAN BACON HOG
On,e of the major effects r•f the
war•. on Canadian aviculture has been
to increase sharply the mnveneme ref
export Canadian. bacon. This has
brought to the fore a problem of the
first magnitude, the maintenance of
a pre-war qualityy which was st?adiry
improving the repu;atice of Canad-
ian bacon in the United Kingdom
market: and leading 'io a better price
relation to the product from compet-
ing countries. Hog production has
reached record volume, and the qual-
ity of the hogs has n It kept parc
with the volume. Th,i may have
been an inevitable result of a Do-
minion -wide record' hog breeding pro-
gram, stimulated almost overnight
partly because of increased war time
bacon requirements.
Nevertheless, the number of hogs
eligible for top market prices on the
basis of guality, weights, and dies-
sing percentages is below require-
ment expectations, and not only
makes it difficult to, maintain during
the next twelve months the quality
in Canadian export,, bacon secured
during the past year, bat represents
a considerable loss in revenue to the
hog produrers and the industry as a
whole.. One of the most important
tasks confronting the industry is the
feeding of a much larger 'volunie of
improved type hogs so as to get cor-
rect weights and finish for Wilt-
shire sides of first quality within
weight ranges' of 55-65 lb• per side.
The product of a finished hog weighs
approximately 189 to 224 Ib. on foot,
off truck' or off cars.
Canadian bacon cannot be better
in quality than hogs from which it is
made. Even given no further im-
provement in packing house opera-
tions, the better the hogs the better
the bacon. Rigid application by the
Dominion Department of Agriculture
of specific standards for the prepara-
tion of Wiltshire sides for export ha;
been effective in developing a uni-
formity of packing house practice,
processing, handling, and shipping 1
far beyond any previous achievement, 1
and the improvement is still being.
followed. It can be said, therefore,
that • under the requirements of the
Department and the Baeon Board
regulations for ertport, the best pos-
sible product is being manufactured
from the hogs provided.
For the quality of hoge provided
by the industry, carcass grading se-•
cures a price directly proportionate to
the individual quality of the hogs. A
standard type of bacon hog finished
at correct' weights yields a high
dressing percentage. Carcass grading
pays dividends on high dressing
percentage.
The task before the hog producers
is therefore, to improve 'the quality
of the hog so as to get the best price.
LEGLESS HERO WHO LEADS
CANADIAN FLIERS
Can Turn Backward Somersaults.
A romance of Britisn industry lies
behind the award of the D.S.O. to
the famous legless pilot of the R.A.F.,
Acting Squadron -Leader D. R. S.
Bader, at present Acting Squadron -
Leader to a Squadron from Canada,
After an accident in 1931 when he
lost both legs, Squadron -Leader Bad-
er was fitted with artitia.al limbs by
one of the Desoutter brothers who-,
have given Britain the world lead in
incising artificial limbs•
When 1VIr. Marcel Desoutter lost a ,
leg In an, aeroplane accident in 1010
his brother Charles, an aeronautical.
engineer, set to work and produced
the first light metal limb made of'.
what was then the new duralumin a!,
lay and weighing 31/z -41/z lbs, instead
of the usual 7-10 lbs. A year later
Mr. lVl;arcel Desoutter resumed Hy-
ing and'siace that time no fewer than,S
100,000 limbs have been supplied be,
the Desoutter brothers to the British
Ministry of Pensions and to private
patients all over the world. .Ball-
bearing mechanisms enable the users
to cycle, play tennis or golf, ride on
Horseback, drive a car and even to
ski. An astonishing feat of design
is the artificial ankle whish'combines
the joint and spring action of thee•
foot in one neat mechanical unit.
Squadron -Leader Bader, the most.
distinguished user, won his D.S.O. by
leading a squadron of Hurricanes
which dived straight into a tightly
packed formation of 70 to 100 enemy
raiders and brought down 11 of them,
"Squadron -Leader Basler is an ex
ceptional patient," says Mr• E. R,.
Desoutter, "He learned to use his
limbs very quickly indeed and soon
developed many special tricks, such
as tinning backward somersaults,"
'
,F.31
r+.r
BANK OF MONTREAL
Established 1817
.A presentation, in easily understandable form,
of the Bank's -
ANNUAL STATEMENT
31st October, 1940
LIABILITIES
LIABILITIES TO THE PUBLIC
Deposits . . . . . . . . . $848,865,349.96
Payable on demand and after notice.
Notes of the Bank in Circulation • . . . . 19,816,520.50
Payable on demand.
Acceptances and Letters of Credit Outstanding . 11,677,303.17
Financial responsibilities undertaken on behalf of customers
(see of -setting amount in "Rerources").
Other Liabilities to the Public 3,892,125.64
items which do not come render the foregoing headings.
Total Liabilities to the Public $834 251,299 27
LIABILITIES TO THE SHAREHOLDERS
Capital, Surplus and Undivided Profits
and Reserves for Dividends 77,083,656.50
This amount reprerents the shareholders' interest in the Bank,
over which liabilities to the public take precedence.
Total Liabilities • . $961,334,955.77
RESOURCES
To meet the foregoing Liabilities the Bank has
Cash in its Vaults and Money on Deposit with
Bank of Canada .......$ 83,034,576.56
Notes of and Cheques on Other Banks . . . 32,254,269.70
Payable in cash on presentation.
Money on Deposit with Other Banks . . 61,382,283.44
Available on demand or at short notice.
Government and Other Bonds and Debentures . 461,827,040.63
Not exceeding market value, The greater portion consists of
gilt -edge .comites which ntautre at early dates.
Stocks . . . . . . . . . 196,182.87
Industrial and other stocks. Not exceeding market value.
Call Loans outside of Canada . . 19,552,470.11
Secured Gro bonds, stocks and other negotiable securities of -
greater value than the loans and representing Moneys quickly
available with no disturbing effect on conditions in Canada.
Call Loans in Canada . 4,606,348.55
Payable on demand and secured by bonds and storks of greater
value than the loans,
Bankers' Acceptances . 332,264.27
'
P:11170 drafts accepted by other banks,
TOTAL OF QUICKLY AVAILABLE RESOURCES - $663,185,436.13
(equal to 75% of all Liabilities to the Public)
Loans to Provincial and Municipal Government;
including School Districts . . . . 35,313,063.39.
Other Loans . . . . . . . . . 233,560,368 24
To manufacturers, farmer.?, merchants and others, on conditions
consistent with sound banking,
Bank Premises . . . . 13,900,000.00
Two properties only are carried in the names of holding
companies; the stock and bonds of these companies are en.
tirely owned by the Bank and appear on its books at $1,00
in each -are. All other of the Bank's premises, the value al
which largely exceeds $1.3,900,000, appear under this heading.
Real Estate, and Mortgages on Real Estate Sold by the
Bank . . . . . . 974,202.89
Acquired in the course of the Bank's business and in process
of being realized upon.
Customers' Liability under Acceptances and
Letters of Credit . . . . 11,677,303.17
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 2,724,581.95
Making Total Assets of . . . . $961,334,955.77
to meet payment of Liabilities to the Public of 884,251,299.27
leaving cat excess of Assets over Liabilities to the Public of $ 77,083,656.50
PROFIT and LOSS ACCOUNT
Profits for the year ended 31stOctober,1940,after making appropriations
to Contingent Reserve Pund, out of which Fund full provision for Bad
and Doubtful Debts has been made, and after deducting Dominion and
Provincial Government Taxes amounting to $1,927,824.40 . . $3,435,941,59
Dividends paid or payable to Shareholders . . • $2,880,000,00
Appropriation for Bank Premises 500:000,00 . 3,380,000,00
$ 55,941,59
Balance of Profit and Loss Account, 3istOctober, 1939 1,265,700.56
Balance of Profit and Loss carried forward •$'1,321,642,15
NUNTL]' R. DRUMMOND, JACKSON DODDS,
President G. W. SPINNEY,
faint General Managers
rile *
The strength of a bank is determined by its history, its policy,
its management and the extent of its resources, For 123 years the
ii
Bank Qf Monntreal has been in the forefront of Canadian finance,
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