HomeMy WebLinkAboutThe Seaforth News, 1943-01-07, Page 6HOW CSA 1?
By Anne Ashley
Q, Flow Can 1 rid the sowing
machine and other machinery of
dust and lint?
A. A good method for this par-
pose is the use of a bicycle or
automobile pump.,
f.l. `flow call I clean a clock?
A., Place a piece of cotton
Saturated with kerosene inside the
door ttf a large cloak and allow it
to remain for a few days. This
will have a tendency bo clean the
works.
Q. flow can I give a faint
delicate scent to handkerchiefs?.
A. Moisten a blotter with per.
fume and place in the "handker=
chief bor•. It will impart to the
handkerchiefs just the delicate
scent- desired,
Q. L -tow can I' make a good
saladwith left -over cooped ham?
A, Mix with hard cooked eggs,
celery, and dressing, and you will
have a good salad to serve for
lunellron or supper,
Q, How can I easily clean bed
sp1'111g's?
A. A long -handled, medium-
sized. brush will prove invaluable
in cleaning bed springs. Dip the
brush frequently into hot water.
It will get into the corners very
easily.
One nine in Chile is proqucing
29 per cent, of the world's copper
suAPty.
Have You Heard?
A guide was snowing u party of
visitors around a 1W1$eilm, and
presently they cattle to a room
full of stuffed animals,
"Now,' these stuffed animals,"
said the guide, "are the most
valuable collection in the coun-
try. They are worth !many thou•
sands of pounds."
"Is that so?" asked one of the
visitors. " ai18t are they stuffed
with, 'then ?
Mistress: "1 am sorry you
are leaving ea, Jane. But,
of coarse, if you pre.' going
to better yourself, I-"
Maid: "Oh no, madam. 1 _-
ani going to be married."
Two girls who hadn't seen each
other for years unexpectedly met
one day.
"Do you remember that red-
haired boy we used .to meet at the
tennis club?" asked one.
"Do I . not," replied the other.
"Why, he told me .that if I didn't
marry hin= he'd go and do some-
thing dreadful. I wonder what
became of him?"
"Ile happens to be my hus-
band," snapped the first girl,
viciously.
"What. is a debtor?"
"A man who owes money."
"And what is a creditor?"
THE RO AL
A K OF CANADA
General Statement, 30th November, 1942
LIABILITIES
Capital stock paid up 9 35,000,000.00
Reserve fund $ 20,000,000.00
Balance of profits carried forward. as per Profit and
Loss Account 3,259,198.23
$ 23,259,198.23
Dividends unclaimed 58,803,59
Dividend No. 221 (at 6% per artium), payable 1st 525,000.011December, 1942
Deposits
by and balances clue to Dominion Govern-
osent $144,192,623.69
Deposits by and balances due to Provincial Govern- 17 392,485,40
menu
Deposits by the public not bearing interest 576,594,382.44
Deposits by the public bearing interest, including
interest accrued to data of statement 425,973,022.55
Deposita by and balances due to other chartered 16,944.63
banks in Canada
Deposits by and balances due to banks and banking
correspondents in the United Kingdom end 17,047,534.01
foreign countries
23,843,061.81
$ 58,843,061.82
1,181,217,192.54
Notes of the bank in circulation 18,271,281,53
Acceptances and letters of credit outstanding 31,156,431.68
Liabilities to the public not included under the 2,127,879 28
foregoing heads
$1,291,615,946.85
ASSETS
Gold held in Canada $ 706.86
Subsidiary coin held in Canada 1,655,444.93
Gold held elsewhere - 31,771.73
Subsidiary coin held elsewhere 1,705,785.63
Notes of Bank of Canada 30 157,050.75
Deposits with Bank of Canada 71,527,152.34
Notes of other chartered banks 514,953,70.
Government and bank notes other than Canadian31 661,337.17 = 137,254,203.11
Cheques on other banks $ 58,908,754.34
Deposits
banks in Canada antes due by other chartered 2,123.87
Due by banks and banking correspondents elsewhere 719,393.96
than in Canada 121,630,272.17
Dominion and Provincial Government direct and
guaranteed securities maturing within two 319,318,602.00
years, not exceeding market value
Other
m dte�riisGexc�etanguaranedutenteedingmark
value 200,482,66348
Canadian municipal securities, not exceeding 8,950,639.06
market value,
Publiesecurieies other than Canadian, not exeeeding 52,872,120.67
market value
Other find ,devalubentures and stocks, not exceeding 33,140,596.97
Call and short (not exceeding 30 days) loans Et$
Canada on bonds, debentures, storks and other
securities of a sufficient marketable eatua to 6,267,499 68
cover .
Call and short (not exceeding 30 days) loans else.
stocks Land other eecuritiesenof' aesuSrcient
[marketable value to cover 23,523,562,79
4 906,440,239.53
Current loans and discounts in Canada, not other.
wise included, for $255,148,401.76
Loao PnclaGermmns 70
Loans
districts cities, towns, municipalities and school 16,961,350.64
Current loans and discounts elsewhere than in
Canada, not otherwise included, estimated loos 59,276,982 71
provided for
Non-current loans, estimated foss provided for 1,187,932.71
Bards premises, at not more than cost, less amounts written off, ..
Real estate other than bank premises
Mortgages on real estate sold by the bank..
Liabilities of customers under acceptances and letters of credit as
per contra
Shares of and loans to controlled companies
Deposit with the Minister of Finance for the security of note cir-
culation
Other assets not included under the foregoing heads (but including
refundable portion of Dominion Government taxes) ,,,,,,•
M. W. WILSON,
President and Managing Director,
AUDITORS' REPORT
TO TIM so-meda !:mos, Tat Rov.it, Zing OF CANADA:
We have examined the above Statement of Liabilities and Assets as at 30th November. 1942
with the books and accounts of The Royal Nankai Canada at }read Offie5 and
whitthe ce rtu ed
returns from the branches. We have checked the cash and therepresenting,
investments held at the Read Office at the close of the fiscal year, and 00 80(0usdatesduring the
year Oatcake checked the cash red investment securities at several of the important brunches.
We have obtained all the information and explanations that we have required, and in our
opinion the transactions of the flank, which have come under our notice, ltavebeen within the
rowers of the Bank, The above statement is in our opinion properly drawn up so as to disclose
the true condition of the Bank as at 30th November, 1942, anri his as shown by the books of
the 33ank' A, BALLANTYNE, C.A.,
of Peat, Marwick 34(104010 & Co. Attditora
M. OGDEN HASKELL, C.A.,
of Haskell, Etderldn & Co,
Montreal, Canada, December 24. 1942,
PRoOIY AND LOSS ACCOUNT
Balance of Profit and Loss Account, 39th November, 41 9 3,209,074.84
Profits for the year ended 30th November, 1942, after
Providing for Dominion Government taxes
amounting to $2,014,166.80 (of which 934 751.73
is refundable under the provisions of the Excess
Profits Tax Act) and after making appropria
riatlons to Contingency. Reservesopt of which
Reserves provielon for alt bad and doubtful 3,390,12$,39
debts has been muck .. ......... ........
333,344,320,22
13,640,588.51
1,260,492.03
832,006,19
31,156,431.68
3,169,842.94
1,110,000.00
662,025,75
$1,291,615,946.85
S. G. DOBSON,
General Manager.
APPROPRIATED AS FOLLOWS: 70tl,000Otl.
Dividend No. 218 at 011 per annum Dividend
5
Dividend No. 219 at 86/ per annum. , ... , 700,0000..00'
Dividend No. 220 at 8 per annum - 700,000.0000
Dividend No, 221 at 6'!,%, per annum 525,000.00
5 2,625,000.00
Contribution to the Pension Fund Society316,000.00
Appropriation for Brink Premises 3,400,090.00
Baionee of. Prdfit and Loss carted for cued, , , ..,+,-
6,599,198.2'
6,599,146
bh W. WILSON.S. G. DOBSON
President andivlanaging Director. General DOBSON,
Montreal, Decemhor 24, 1942.
JUST A DRIP
This winter wonder, an icicle
bird, was formed when snow
melting on the roof of a Flutehi..
son, Ifan., home, fell on a shrub
and froze in this form..
"A man who thinks he's
going to get it back."
Jones and Binks were skating
round the local pond. Suddenly
Binks' face broke into a broad
smile.
"What's the joke, old man?"
inquired his friend.
"Well, you know that chap
Ponsonby, the fellow we can't
bear at the club, don't you?"
said Binks.
"Yes."
"Well, the ice can't bear him
either," chuckled Binks, pointing
to the far side of the pond.
Seaman: "An' there % sees
a torpedo, Lady, 'ceding
straight for us."
Lady Listener: "Dear :net
do hope it was one of ours!"
First Farmer—"Potato bugs ate
my whole crop in ten days."
Second Farmer — "They ate
mine in two days and then roost-
ed in the trees to see if I would
plant some more."
Seed Merchant -"That's noth-
ing, Right now there's one over
there going through my books to
see who has ordered seed for next
spring."
"Is the boas in?"
"No; he's gone out for
lunch."
"Will he be in after
lunch?"
"No; that's what he's gond
out after."
WHAT SCIENCE
IS ININ6
a BEET HARVESTER
New harvesting machines may
revolutionize sugar beet produc-
tion as the reaper and combine
did wheat farming.
In apparently successful tests;
a mechanical harvester dug and
topped more beets than six men
could handle in a slow, back-
breaking costly toil.
Fifteen mechanical diggers and
toppers were operated this year
in the United States.
Another 100 machines will be
manufactured for the 1943 sea-
son. The tests this year were
"outstandingly successful" in
light, sandy soils.
It is believed that those, com-
bined with a newly developed
thinning machine used for beet
cultivation, may cut hand labor
15' per cent. Montana farmers
now need 10,000 helpers,
Eecause of wartime metal
shortages, fall scale production of
the diggers and toppers cannot be
expected until 'after the war.
Nine major beet growing States
produce annually about 1,700,000
tons of sugar worth approximately
$60,000,000 to growers. The
major beet States are California,
Colorado, Montana, Nebraska,
Idaho, Utah, Wyoming, Ohio and
Michigan.
Rubber is being produced from
the foots of a wild shrub in
French Equatorial Africa,
AO
"C IDD E- "
L E
WOMEN (yg:d
HEED THIS ADVICE!!
If 00u're 00090 restless, NERVOUS—
stiffer hot flashes, dtoilneas—paused
by..200 period in a woman'e life—
try I.ydla E, P£nkham's Vegetable
Compound.' Made especially for
wolnelt. Hundreds of thoteands re-
markably helped. Follow label dh'ec-
tl0ns. Made an Canada.
Modern Etiquette
By Roberta L09
1. If the engagement is to be
a 1011 one, Should it be publicly
unnclaneed'.'
2. Is it nee'essary to answer an
invitation to large reception?
3. What is parfait, and how is
it pronounced?
4. What is the correct, accepted
form for a formal introduetioa?
11. Should every personal letter
and note be 'dated?
6. Ts the centre droplight over
the dining room table proper
when giving a dinner?
Answers
1. This . is a ]flatter of per-
sonal preference, but it is better
to be frank than secretive. 2, No,
3, Parfait is a frozen dessert of
whipped cream, eggs cooked with
syrup and flavoring..Pronounce
par-fe, a as in ab, e as in bet,
accent last syllable. 4. "Mrs.
White, may I present Mrs.
Green?" 5. Yes. Many misun-
derstandings have a1'Isen because
the date was omitted. 6. No. One
should use white or colored
candles to harmonize with the
room or the table decorations,.
U -Boat Menace
Not Yet Solved
Mr, Alexander, First Lord of
the Admiralty, spoke no less than
the truth when he referred to
Germany's U-boat campaign as*
the greatest of all our problems.
It is a problem which has not
yet been finally solved, although
by their marvellous performances
the Royal Navy and the Mercan-
tile Marine have never let the
'U-boats gat the upper hand.
It may be that the U-boat men-
ace has passed the peak. It may
be that it has yet to reach it. We
clo not know.
What we must realize is that
we cannot afford to exult prema-
turely, and that the weapon which
is Hitler's last remaining !lope of
breaking the iron ring of British
seapower will be used with in-
creasing savagery as his situation
grows more desperate.
It would be ,grossly unfair to
our seamen—quite apart from the
danger that always resides in un-
founded complacency—to under-
estimate what treinendous calls
will be made on them before they
can pronounce that the teeth of
Germany's submarines have been
finally drawn.
Santa Claus Has
Lots Of Reindeer
Herd of 9,000 Husky Deer
In Northern Canada
Prancer, Dancer and the rest
of the Christmas sleigh reindeer
team may be feeling the weight
of years but no child had reason
to worry about Santa Claus' traps-
portation,
Up north in Canada there are
more than 9,000 reindeer from
which the old saint could pick
and choose. And, on the word. of
the Mines and Resources Depart-
ment, all were in good shape.
On March 6, 1935, 2,370 rein -
Royal Bank Figures
Reach New High
Total s $sets ak Record Level -ef $1,291,515,9 47 - � Pce�siio
l7ieposits Top Billion Della` Mark -- Current Loans
Temporarily kligher ,Liquid Position Very Strong ---
Profits
--Prof its 'Slightly Reduced
The steadily mounting tempo of
Canadian business 1s strikingly re•,
fleeted in the Annual Balance
Sheet just issued by The Royal
1381111 of Canada for the year end-
ing November 3Qtll.
Total assets are well over the
billion dollar mark ;and now stand
at $1,291,515,947; the highest polut
ever reached in -the history of the
1)11111.1,'op
I)osits by the public, topping
the billion dollar' mark, have 'like-
wise reached an all -lime high.' The
liquid position has, been still, fur-
ther strengthened- with quickly
realizable assets representing
75,44% of the band's liabilities to
the public.. 1!rom point of view of
aggregate assets and liquidity this
year's statement is the most im-
pressive ever issued by the hank.
Profits for the year' showmod-
erate contraction due to increased
Dominion Government taxes, high-
er operating costs and the foot
that comparatively low yields are
being obtained on the substantial
stuns invested in. Government
bonds.
Total assets have increased by
more than $216,000,000, over the
figure attained the previous year.
Liquid assets show marked expan-
sion and aggregate $906,440,239.
as compared with $581,318,309, a
year ago. Liquid assets . include
Dominion and Provincial Govern -
securities, $519,S01,345. as
compared with $211,231,959. the
Previous year) United States and
British Government securities, 346,-
029,701, as compared with the pre-
vious total of $6,913,050, while
cash on hand and deposits with
the Bank of Canada, other cash
items and bank balances are $261,-
884,475, up 327,805,766.
Current loans in Canada stand
at 3255,148,401, ah increase of $13,-
365,000. It is understood advances
• blade by the bank to assist Itltt'•,:
chasers of the recent Yietory Bond
10u0 :account for .thisincrease
and that ordinary 0ommereial bur-
'rowiugs are somewhat lower. The
explanation Is than activities of
many businesses have beet divert-
ed to watt -Production, resulting la
rapid turnover and prompt settle'
anent of accounts; furthermore, ta-
ventories.pre, generally speaking,
lower. AS a 'conse0neuce many
concerns find it unnecessary to
borrow from the banks.
Current loans . outside Canada
are down by slightly over 316,000,-
000. Total deposits' are higher by
3225,000,000 and now stand at 31,-
181,217,102, Dominion Government
deposits at• 3144,102,521. 'are sub•
stantialiy higher and this is at.
tributed, to the Government de-
positing with the banks the pro,
coeds of the recent Victory .1=one.-
It is interesting to note that cle-
spite substanftlai withdrawals 1>y
the public for the �purohase Of
Victory Bonds, public deposits
(excluding' Government deposits)
have increased from $902,152,676.
to 31,002,597,405.
After providing for Dominion
Government taxes amounting to
$2,014,166. and malting appropria-
tions for bad and doubtful debts,
profits for the year amounted to
33,390,120. whin represents 0
slight reduction as compared with
the previous year's figures. From
these profits dividends amounting
to $2,625,000 were paid, $319,000
appropriated for the•Penslon Fund
and $400,000 for Bank Premises.
The sum of $50,123 was carried
forward to the balance of Profit
and Loss Account which now
stands at $3,259,198.
The Annual General. 'Meeting of
shareholder's will be held at the
Head office of the bank at 11 a.m.
ou January 14, 1943. '
deer were delivered from Alaska
to a reserve of 6,600 square miles
established on the east side of the
Mackenzie river delta: There now
are three herds, two of them un-
der Eskimo . management near the
Anderson and Horton rivers about...
150 miles east of the reserve.
Eskimos Good Herdsmen
Some 8,000 deer have been
slaughtered or lost since the herd
arrived in Canada. Meat has
been sold to natives and resi-
dents of Aklavik and donated to
schools, hospitals and missions,
while some animals have been used
for food and clothing by the
reindeer herding staff. Others
have strayed from the herds and
some have died.
$cratcrnn.50M0518Aereya
/icbfasl
dl
For quick relief from itching of mama,pimples, nth-
lote'a foot, mules, scabies, rashes and oher extereaiy
caused akin troubles, nee world-famous, cooling, ant.
cootie, liquid D. D. D. Preseriplieo. Greaseless,
stainless, Soothes irritation and quickly stops intense
Raking. 35o trial bottle proven it, canonry book. Ask
your druggist today for D.D. D. PRESCRIPTION.
But resources officials said'. the
experience' thus far has given
promise of extension of the herds.
Eskimos, who used to kill every-
thing they could get in their rifle >r'
sights, have proved excellent '
herdsmen, even when they have
been brought 'fxorn remote areas
of the north.
Sweet potatoes are the driest
of common vegetables, containing
only twice as )hush water as bone-
dry material.
SAFES
Protect your (500148 mad CASA
from 151ILE and THIEVES. We
brave o also and type of Sete, 00
Cabinet, for any purpose. Visit
us, or write for prlece, etc. 10
Dept, 0)'.
.J.&J.TAYL®R LIMITU!
TORONTO SAFE WORK
140 From St, E., Toronto
Established 1836
SI
IES
AU'ruMUl11LOlS--UB17D
USED 010146 W ETH 10110 TIRES.
Sea us first. Mount Pleasant Mo-
tors Limited, Used Car Lot at
20411 Yoese Street; Goad Office,
612 Mount Pleasant 'toad, To-
ronto, Telephone 148. 1181.
ANIMALS WANTED
PUPPIES WANTED. CROSSBRED
and others. Also Rabbits, Guinea
Pigs, .Ferrets, State number and
rex. Ball, St. Lawrence Market,
Toronto,
DART C13ICIES
START
profit. Hatches every week
from January Fourth—Chicles
Pullets, Cockerels. Illustrated
Catalogue, Price List ready.
I3
Fisher Orchards atcltel'y,
titan, Ont.
25 FREE CHICKS
SEND ,FOR 0121 PIt10E LIST 01-.
tering free chicks for early
orders, and place your order
early. Goddard Chick Hatchery,
Britannia, Heights, Ontario,
BRAY SAYS—"ORDER FEBRUARY
chicles now". The season will be
a big one for hatcheries and
poultrykeepers, 140 avoid dis-
appointment. There will be start-
ed ehio.ks too. So—order Dray
chinks now. Bray Hatchery, 180
Dixhn St. N., Hamilton, Ont.
- :OIiTGIiS
SEND FOR OUR RECORD CHART
free and eataleguo. Six breeds
ciltelte and all ages growing pul-
)ets, Government approved. Savo
stoney, early order discounts.
Prompt deliveries. Satisfaction
guaranteed, Monkton Poultry
Farm, Monkton, :Ontario.
CATTLE
BUY HOLSTEINS NOW
W3037 AN ' UNLIMITED DEMAND
Por Dairy Products, now ie the
time to buy a good pure-bred
Holstein bull or a few choice
females. You get more milk,
More fat and higher salvage
value Iv! tll Holsteins, Let. our
Pleldmon advise you where to
buy, Write the Holstein-1Tri0Slan
,As8Oetatfon' of Canada, Brantford;
Ontafte.
ZM01111 POR SALE
F012 SALE, 55 ACRE FARM, 8-
room bo c -k house, hydra, 191
miler. from Tilbury, Apply Joe
Cloutier, 10.12, 5, Tilbury.
D USING, dt CLEANING
RAVE YOU. ANY THIN (4 N10IDS
dyeing or cleaning/ Write to us
for information. We are glad to
answer your questions. Depart-
ment. 1.1, Parker's Dye Works
Limited, 7J1. Tonga Street; To -
rim to.
MALE 1401LP WANTED
TWO SINGLE 011N, GENERAL
farmer, good with horses, other
good milker hand or machine.
A'itty-five a month and board.
References, lleneteau Brothers,
Autharsthurg, R.It. 3, Ontario.
141)01)10AI.
GOOD RESULTS — EVER7 SUF-
rarer from Rheumatic 'Pains or
Neuritis should try Dixon's Rem-
edy. Munro's Drug Store 835
Elgin, Ottawa. .Postpaid $1.00.
1511.51S
ANT 6 011 8 E1POSURII ROLL
developed andprinted, thirty
cents postpaid. Guaranteed re-
sults, 24 hour service. Individual
Photo Service, 873 Brookdate
Avenue, Toronto.
1'A't'ENTS
PIOP:H1A1iti'1'U4I'.!AUU1.1 & UOMYANY
Patent - Soil el tors. llstabltehea
1810; 14 Sing West, Toronto.
130010 et of Information on re-
quest.,
Fell SALE
WILISAT, OATS 18ARL)12 IN CAR -
lots only, whole or ground, for
serious buyers only. The Atlas
Grain Company, Montreal,
60001' BALM
BA11M1JI4LUI 10OUT BALM destroys
offensive odor instantly, 45c
bottle. Ottawa agent, Denman
Drug Store, Ottawa.
HAIRDRESSING 8001001,
LEARN HAIRDRESSING TEE
Robertson method, Information'
on request regarding classes.
Robertson's Hairdressing Acad.
only, 127. AVenuo head, 'Toronto.
0101y=0(5 To INVENTORS
AN OFFER TO EVERY INVENTOR
Diet of Inventions and full Infer- ,
motion sent tree. The Ramsay
Co., Registered Patent Attorneys,
273 Janet Street, 0ttawa, Canada,
ISSUE No, 2-43
PATENTS
Free Helps For Inventors
Everyone with good idea should
Booklety "Ii'ortune5 ure the
Illustr
ated
done, S and the handsome fotvn
`Record of Your Invention. (let
than to-clay—Free--from W. lrwle
Hackett, 53 RUeon Street, Ottawa.
LLUEUMATIC 0,9,0 0s
TIRY IT! EVERY .SUFFERER OI`
Rheumatic Pains or Nouri tie
should- try Dixon's Remedy.
MOnro's' Drug Store, 825 Elgin,
Ottawa. Postpaid 91.00,
11IIE1tSM.tTI0
HIGHLY - RECOMMENDED — DV-
ery sufferer of Rheumatic Pains
or Neuritis should try Dixon's
Remedy. Munro's Drug Store 335
Elgin, Ottawa, Postpaid $1 Ob
STAMPS
APPROVALS OVER TWENTY
thousand different British and
Foreign to choose from, BOnnett'a
Stamps, 20McMaster Avenue,
Toronto,
8001)0:11.65000 SALE
BOILER 710 1NCI-IES x 10 FT., IN
fair condition. Keenan Wooden -
ware Manufacturing Company
Limited, Owen. Sound, Ontario..
1'
1101`t ICI It APR
DON'T TRUDGE THROUGH '
'1`11e hent, Ifa1,,, or Dail
HAVE YOUR SNAPS
Delivered by. Mail
Any 6 or 8 exposure 011m petfeetly
developed and printed ter only The.
Supremo quality and fust service
guaranteed,
IMPERIAL PHOTO SERVICE
Ste Oen I, 'f'oronlo
SAFE-' WANT10D •
SAFE WANTED — STATE A 11 fa,
condition, • inside -size and price,
Box D, Rooln 411, 78 Adelaide St,
W., Toronto, ,
5VA NT ED
WANT171), LIVE. TO TW ENT Y-
five horsepower direct current
motors, 1'wo-ton chain 1lovlss.
High pressure sixty-six Me otx-
toon ItorizontaI return Blinder
boiler, 3. 11, ttonnedy, tlobtnt'g,