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HomeMy WebLinkAboutThe Seaforth News, 1948-12-09, Page 3THURSDAY, DECEMBER 9, 1948 THE SEAFORTH NEWS Day and night, more dependable than ever TODAY, telephones are four times as free from "trouble" as twenty years ago, and there are twice as many of them! Each month 10,000 are being added so that soon all may have dependable tele- phone service and the security that goes with it. This is being done in spite of rising costs, yet up to now there has been no increase in the basic telephone rates established 21 years ago. For you, this means greater value than ever before; for us, the satisfaction of pro- viding "the best telephone service at the lowest cost". • �t�tf�o THE BELL TELEPHONE COMPANY OF CANADA x� )t Dealers, Bakers Farmers and Feeders WE CAN NOW SUPPLY YOU WITH OUR FLOUR "GOLD STAR" Top Patent (ALL PURPOSE FLOUR) "EXCELLENCE" Second Patent (BREAD FLOUR) Give them a trial -- Quality and Prices are right Excellence Feeds Calf Meal Chick Starter Chick Grower Laying Mash Dairy Ration Pig Starter Hog Fattener Hog Grower Sow Ration LISTEN TO THE NEWS—CKNX (920 ON YOUR, DIAL) 8.30 EVERY MORNING EXCELLENCE in Name and Quality Turg.eon Grain Processed Feeds Telephone 354 Seaforth Feed Division of Excellence flour Mills Ltd. DEAD OR ALIVE! We will pay for old, disabled or dead COWS $5.00 ea. — HORSES $5.00 ea. HOGS $1.50 per cwt. All according to size and condition • Phone, COLLECT, for prompt, courteous service SEAFORTH-390w MITCHELL -219 INGERSOLL-21 WILLIAM STONE SONS LTD. INGERSOLL, ONTARIO AN ALL -CANADIAN FIRM, 'ESTABLISHED 1870 EVERYBODYS BUSINESS' by • How time -conscious are you ? The man who tries to make the best use of his time can do more and better work per hour. And he is more likely to succeed. Here are five time -saving hints that increase efficiency: 1. Study every aspect of your job to see where you can make shortcuts. (Sometimes two jobs can be done at once — e.g. the truck that mixes its load of concrete as it travels.) 2. Don't start to work gradually. Hit the .job hard right from the start! 3: Plan your work accord- ing to a schedule. You need a "blueprint" for your time in order to estimate present and future needs. 4. Get the most efficient new tools available for your type of work. They'll pay for themselves many times over. 5. Have everything you need for the job ready before you start. If you put these sugges- tions into practice they'll help make every working hour more. valuable! Canadian Life insurance com- panies meet their obligations promptly. In 1947 they dis- tributed 112 million dollars to living policyholders and 69.5 million dollars to bene- ficiaries under death claims. • 169 MOW THE DOMINION BANK Condensed Statement as at 30th October, 1948 ASSETS Cash on Hand and in Banks, including Bank of Canada ....$ 68,053,856 35,363 162,335,441 10,858,457 Deposit with Minister of Finance Government and Other Securities CaII Loans Total Quick Assets $241,283,117 Commercial Loans and Discounts 136,034,805 Bank Premises 5,803,570 Liabilities -,f Customers under Letters of Credit, Acceptances and Sundry Other Assets 10,356,295 $393,477,787 LIABILITIES Deposits $358,501,553 Deposits by other Banks • 6,055,390 Notes in Circulation 604,484 Letters of Credit, Acceptances and Sundry Other Liabilities10,261,850 Total Liabilities to the Public Capital Paid Up $ 7,000,000 Reserve Fund 10,000,000 Undivided Profits 1,054,510 18,054,510 8375,423,277 $393,477,787 PROFIT"AND LOSS ACCOUNT Profits for the year ended 30th October, 1948, after making appropriations to Contingency Reserves, out of which full provision for bad and T doubtful debts has been made 52,319,434 Provision for depreciation of Bank Premises 247,337 Provision for Dominion and Provincial Taxes 950,000 Dividends at the rate of ten per cent per annum 700,000 Amount Carried Forward 422,097 Balance of Profit and Loss Account, 31st October, 1947 632,413 Balance of Profit and Loss Account, 30th October, 1948 1,054,510 C. H: CARLISLE, President ROBERT RAE, General Manager 204.8 HANDS AT WORK... for ONTARIO ONTARIO'S products are desired and purchased by people all over the world and the capacity to produce such goods largely determines the economic welfare of every man, woman and child within her borders. Because the sale of every article produced in Ontario brings valuable dollars into this Province, we all are more assured of•job security .... and we and our children can have more of the better things in life. But to produce such goods in sufficient quantities, skilled labour is vital. That is why every single one of us should be glad that war veterans are constantly being trained to provide the skilled"hands so needed by industry. They receive ON THE JOB training under expert instructors in our Ontario factories. This training, provided through the co-operation of. the Department of Veterans' Affairs, the Federal Department of Labour and the Ontario Department of Educa- tion, starts the veteran on the road to skilled craftsmanship. In assembling business machines, for example, veterans .must have a thorough knowledge of electricity and must learn to perform intricate work on precision machines having thousands of separate parts. These Canadian -made business machines are sold in all parts of the world, creating new wealth for Canada and Ontario. Therefore every effort of these newly skilled veterans helps to snake Ontario a finer place in which to live and contributes to the welfare and happiness of all her citizens. THE BREWING INDUSTRY (ONTARIO) LEARNING, MACHINE ASSEMBLY MACHINE ASSEMBLY John N. West, 25, of Toronto, a Royal Canadian Navy veteran, is shown here making an adjustment to one of the 10,000 parts in a business machine designed for a New Zealand firm. Various types of business machines are produced in Ontario fac- tories. Because of their in- tricate.mechanisms it is es- sential that these machines be checked by expert craftsmen at every stage of their production. r O