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The Seaforth News, 1949-03-10, Page 2THE SEAFORTH NEWS THURSDAY, MARCH 10, 1040 FINANCIAL STATEMENT O.F SCOTT MEMORIAL HOSPITAL The following is the detailed finan• tial statement for 1948: Balance sheet as at 81st December, 1948. ASSETS Current Cash on hand, geneea1 9 320.94 petty 25.00 Cash In barks, general500.82 buildtab, ........ 798:22 New building & furnishings cam - Paige fund, cash in bank;,,,,,.,, 13,606.17 Notes & Accts. Rec, 110,102.72 Less: Reserve for bad debts 452.98 5,611,74 Due from Dominion Government: Rebate of duty on spirits 445.21 Duefrom employees for hospital- ization ..........,., 41.76 Total Current Assets - $ 21,418.85 Piled Land r 1 ,00,00. Buildings: Less: Reserve for depreo. $4.897.78 59,284,51 Furnishings & equipment $45,259.95 Less: Reserve for depree. 981,635.43 13,624,55 Total .Fixed Assets $ 74,106.76 Prepaid Food,medicines, supplies (Schedule 3) $11,225,72 Insurance $240,73 11,472.45 8106,502.95 Less: Adjustment Prov, of Ont. 1947 gr:•nit $193,45 Adjustment alcohol rebate, prior years 9449.21 Excess of Expenditure over Revenue 914,6 3.14 .•....,.,•••• Balance. of Capital and Surplus 31st Des. 1948 ..$ 91,042.23 15,265.80 DETAILS OF REVENUE Schedule (1) Maintenance Revenue Private and Semi -Private 815,052,50 Pay Wards $12,510.47 Nursery $1,577.35 Municipal, Crants $1,701.40 Provincial Grants 95,358,15 Workmen's. Compensation Board $318.00,,,.. ,.•$ 37,517. Revenue for Slecial.Ser,vices Operating Room $2,488.00. Case Room 9847.50 Laboratory $408.85 Dispensary 94,771.72 Radiology $700,50 Dressings $684.95 Telephone $57.38 Outpatients, treatment, 'Xrays 12,54.0o Special nurses 9330,05 LIABILITIES Current Outstanding cheques, general ..8 505.79 Accounts payable, trade .& sundry 6295.87 -new equipment & furnishings (Robert Simpson Company) , . , , 10,151.07 Total Current Expend. ,.,..,...$ 13,952.73. Capital and Surplus Balance 81st December 1949 per statement Mt ached ,.........$ 91,0.42.33 81,11,995,0n Statement of Revenue and Expenditure Operating Revenue. per 5ehedule- Ill Operetine' Expenditure. per Schedule 127 Excess of Operating Expenditure aver Operating Revenue Non Operating Revenue Interest on Mortgage 8250.00 Inserest collected on overdue amounts 92.68 Grants County of Huron 51,005,00 Extra charge fir patients from townships rot contributing to hospital deficit 9257.00 Provision for bad debts EXCESS OF EXPENDITURE OVER REVENUE 47.1;9,52 50,471.46 c 11,511.51. 1,400.68 $ 15,152.10 4.520.88 S 14,629.14 STATEMENT OF CAPITAL AND SURPLUS Balance, lot January. 1949 $ 73.382.'71 Add: Building grant, Prov. of Ont. 06,000.00 Donations designated fon new building and furnishings 823,185.44 Bad debts recovered $3.789.96 32,926.40 87 15,441.75 Total. Operating Revenue . , ... „$ 47,950.62 DETAILS 010 EXPENDITURE ' Schedule. (2)' Salaries & Wages $ 25,755.58. Administration Liability & bonding insurance prams. 988.15 Stationery, postage & office supplies $402.46 Audit, legal,- collection fees & expenses 8862.68 Interest andbank charges $180.74 Telephone & telegrams 9622.77 Miscellaneous 958.20 2,054,54 Dietary Service Dietary and food supplies 10,840.01 Housing Housekeeping and cleaning supplies 9256.86 Fire Insurance prem, $436.88 Repnis:o and maintenance -- buildings, equipment $609,58 furnishings 91,138,17 Power Plant Fuel`,;1.1,28 Lich: and power 91,072.57 Water $182,73 1,370.05 Laundry, Bedding and Linen B•-d,pue and linen $1,871.,62 T;,muh•e 01,4 supplies 9327.89 2,190.45 Dispensary Dries, medicine.. spirits, ate,.,6,105.07 Medical: Surgical and Sterile Supplies 1,810.1! 9106,308.13 2,479.0:' KIPPEN Mr, Roy Consitt is. improving slowly after returning home from St. Joseph's 'Hospital, London, where he spent three weeks. Mrs. Rev, John Richardson return- ed to her homein Millbank, recently, after being ,here to attend the fun- eral of ;her sister, Mrs. Sinclair. Mr. Emmerson Smith has been 'confined to his room for some time with a severe attack of flue Mr. George Parker returned to his home on Sunday last from Seaforth Hospital adhere 'he spent 4!he past seven weeks. Mr. Robt, McDougall of Brandon, Manitoba • is visi4i.lg with his -Many friends in •this locality. Mr: Earl Sproat has been under the Doctor's care for some time and his many friend's hope to see him around soon. X -Ray Repaits.and Supplies Laboratory Supplies and Expenses Fin antral Depreciation -- Building 91,604.55 Wind and equipment $1,000.90 Times on property 9$4.72 403.27 122,00 9,500 27 $ 59,471,46 INVENTORY OF FOOD, MEDICINES AND SIIPPLIIES ON HAND Schedule (3) Linen $ 3,002.45 Food ' 8,120 27 Drugs. medicines. spirits, ate. 2,278.10 Surgical supplies 1,499.90 X-ray supplies, 115.12 Lmusd ry supplies 91.09 Housekeeping supplies 332.58 Fuel 156,07 Stationery, office supplies 25.55 • $ 11,225.72 We are again contracting for BARLEY for Canada Malting Co. If interested, get in touch with us Geo. T. 1ickIe&Sons Phone 103' Hensall, Ontario Nights 133 Deahrs, akers Farmers and Feeders ASK YOUR GROCER FOR "GOLD STAR" FLOUR NOW "GOLD STAR" Top Patent (ALL PURPOSE FLOUR) "EXCELLENCE" Second Patent (BREAD FLOUR) Give them a trial -- Quality and Prices are right xcellence Feeds Calf Meal Pig Starter Chick Starter Hog Fattener Chick Grower Hog Grower Laying Mash Sow Ration Dairy Ration LISTEN TO THE NEWS- CKNX (920 ON YOUR DIAL) 8.30 EVERY MORNING EXCELLENCE in Name and Quality: Turgeon Grain & Processed Feeds Telephone 354 Seaforth Feed Division of Excellence Flour Mills Ltd Canadian Approved Chicks Hatched by Buckeye Streamliners in a modern hatchery designed to produce large numbers of high grade chicks at reasonable prices New Hampshire, Sussex, White Leghorn, White Rock, Fast Feather. ing, Barred Rock chicks every week. Large numbers of crossbred chicks are also produced. N.H x Sussex, N. H. x B.' Rock, alld, W. Rock x W. Leghorn McKinley's Farm & Hatch �-.r �y ZURICH, ONT. Phone 97 .11, Ifonsail HIGHEST CASH PRICES -for. DEAD STOCK` HORSES 2.50 each. CATTLE 2.50 each HOGS .50 per cwt. According to size and condition CALL COLLECT SEAFORTH 15 D,ARL'I NG &. GO. OF CANADA LTG. HANDS IN TRAINING FOR ONTARIO _ { '%• l .4„ Learning to Make Plastics IN Ontario the wheels of industry turn for the benefit of every single' one of us. Our lathes, dynamos,,drill presses, farm combines,' tractors, business machines, etc. are producing goods and services which earn dollars. These dollars provide food, clothing, nleilical care and other necessities which contribute to our security and high standard of living. Every single one of us, therefore, has a very personal interest in the Row of a steady supply of trained workers to industrial plants. These workers will operate machines which are importilit to our way of life. We should appreciate, then, the co-operative efforts of government, industry and labour in the field of employee training. In schools and in factories our workers, young and old, arc given the opportunity to develop new and specific skills in every field of business and industrial activity. For instance, as in the pictures shown here, every effort of Ontario's newly -skilled plastics workers will mean better plastic products - will help to make Ontario a finer place in which to live and work. THE BREWING INDUSTPY (ONTARIO) 001110.1 Our Way of Lite Rewards Trained Hands Ontario workers know they can earn more, have executive responsibility and'enjoy a higher standard of living in direct ratio to the skills they ac- quire and the way they make use of them. That's always true in a free economy - that's why our com- petitive system will continue to make Canada great and a great place in which to live. Whan eonelderin0 your donatipa,. r1: -.amoor that Mk - year the Canadian Rod Coss needs 5 Mil. Hon Dollars -40% more than Tho previous appeal. can save his'Iife In a far, northern settlement, a man meets with a serious accident. Were it not for the Red Cross, this, and scores of other sick and injured people, wbuld be without medical or hospital care. But the 75 Red Cross Outpost Hospitals are ever ready to serve isolated settlers. Last year over 70,000 patients received treatment through these hospitals. This is hart of the work YOUR Red Cross is carrying on. You are asked to help save lives on these lonely frontiers, to provide assistance to crippled veterans, to send 5- relief wherever disaster strikes, to support the Red Cross Free Blood Transfusion Service, to extend . help to suffering humanity everywhere. . - The Red Cross work being carried on in a thousand ways is made possible by you and thousands of other Canadians. Give willingly, generously. Give now!' Red Cross services also include: Treatment for Crippled Children, Nutrition Services, Home Nursing Courses, Swimming and Water Safety, Women's Work Activities, etc. THIS /Syoue WORK GIVE