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HomeMy WebLinkAboutZurich Herald, 1932-01-14, Page 7The Royal. Bank of Canada Genital Statement 34th November, 1931 LIABILITIES Capital Stock Paid up. , ., fteeerye Fund «. $35,000,400.00 1�•aalance of Profits carried forward .. 4,155,105.61 839,155,105.61 Dividends Unclaimed 8,723.93 Dividend No. 177 at 11'% per annum), payable 1st December, 1931 1,050,000.00 Deposita not bearing interest, ,• 5170,913,903.64 Deviates bearing Interest, including in ter eet accr ued to date of Statement 476,389,171.86 Total Deposits 3647,303,075.50 Notes of the !Bank in circulation 33,237,097.54 Advances under the Finance Act 20,000,000.00 Bahasa due to other Banks In Canada 836,763.11 Dolances due to Banks and Banking Correspondents ekewhere than In Canada 16,655,880.18 B11b Payable 3,121,924.13 Liabilities not included in the foregoing 367,360.18 Letters of Credit Outstanding Gold and Subsidiary Coin on hand Dominion Notes on band Deposit In the Central Gold Reserves United States and other Foreign Currencies ASSETS 327,530,055.47 39,169,403.25 3,000,000.00 15,842,986.38 Nota of other Canadian Banks Cheques so other Banks ... Balances due by other Banka In Canada Balances due by Banks and Banking Correspondents elsewhere than in Canada Dominion and Provincial Government Securities (not exceeding market value) Canadian Municipal Securities and British, Foreign and Colonial Public Securities other than Cana- dian (not exceeding market value) Rahway and other Bonds, Debentures and Stocks (not exceeding market value) Call and Short (not exceeding thirty days) Loans In Canada on Bonds, Debentures and Stocks and other Securities of a sufficient marketable value to cover Call and Short (not exceeding thirty days) Loan. else- where than In Canada'on Bonds, Debentures and Stocks and other Seeurltles or a sufficient mar- ketable value to cover $85,543,245.10 3,378,737.54 25,329,297.95 3,144.37 36,032,466.96 85,473,058.48 34,641,816.53 11,935,404.81 39,137,268.36 37,156,111.72 Current Loans and Discounts in Canada (less rebate of Iateeest) after making full provision for all bad sod doubtful debts • $291,576,220.24 errant- Loans and Discounts elsewhere than In Canada (lees rebate of interest) after making full provision for ail bad and doubtful debts 124,581,388.7i Non-Cutrent Loans, estimated lop provided for 3,187,434.63 Lank Premises at not more than cost, less amounts written off Real Estate other than Bank Premises ll�t Y�attee on Real Estate sold by the Bank Lia Wllt3es of Customers under Letters of Credit as per contra Sharp of and Loans to Controlled Cbmpaniee (ye�os�t with the Minister for the purposes of the Circulation Fund Other Apets not Included in the foregoing $35,0N.ON,N 40,213,079.54 375,213,829.54 731,522.10.44 38,966,506.44 $825,702,436.13 $348,630,561.13 419,348,043.66 17,277,976.78 2,163,752.46 901,177.15 28,966,806.64 6,172,799.50 1,708,000.00 544,628.84 $825,702,436.82 NOTES -The Royal Bank of Canada (France) has been incorporated under the laws at Friars to conduct the buskers el the Plank to Paris, and the assets and liabilities of The RoyalBank of Canada (France) are Ineluded 1n the above General Statement. H. S. HOLT, M. W. WILSON, Preeldent General Manager AUDITORS' CERTIFICATE To THIS $SANEROLDtia6, Tu* ROYAL BANK Or CANADA: We have examined the above Statement of Lfabilitiee and Aseete at 30th November, 1931 with the books and accounts of The Royal Bank of Canada at Head Office and with the certified returesfrom the brancbes. We have verified the cash and securities at Head Office at the close of the Bank's limed year, and during the year we counted the cash and examined the securities at reveal ei the important branches. We have obtained all the information and explanations that we have required, and in our spinion the transactions of the Bank, which have came under our notice, have been within the powers of the Bank. The above statement is in our opinion properiy drawn up so as to disclose the true condition of the Bank as at 30th November, 1931, and it is as shown by the bootie of the Dank. W. GARTH THOMSON, C.A., of Peat, Marwick, Mitchell & Co. A. B. BRODIE, C.A., Montreal, Canada, 28th December, 1981. of Prim, Waterhouse & Co. PROFIT AND LOSS ACCOUNT Balance of Profit and Lop Account, 29th November, 1930 Profits for the year ended 30th November, 1931 94,106,778.29 5,448,327.32 APPROPRIATED AS FOLLOWS; Dividends Noe. 174. 175, 176 and 177 at 12 % per annum 94,200,000.00 Contribution to Officers' Pension Fund. - 200,000.00 Appropriation for Bank Premises 400:000.00 Reserve for Dominion Government Taxes, including Tax on Bank Note Circulation 600,000.00 Balance of Profit and Loss carried forward, ..... 4,155,105.61 11. S. HOLT, biomes'. 28th December. 1931. } Auditors. 99,555,105.61. $9,555,105.61+ M. W. WILSON, General Managesi ir Mow toplay .l9rrdge AUCTION and CONTRACT 4 Wynne Ferguson Author of "PRACTICAL AUCTION B1UDGB" ARTICLE] NO. 4, Auction is a game of contrasts. Qum dealer bid two no trump. When his hand will play well' and the next tine partner bid three hearts, the dealer badly; that is, on one hand You will -'failed to realize that, if his partner get all the "breaks," and on the next, had a justifiable three -heart bid, they everything will go wrong. It is a game of such infinite variety that ho player can ever hope to master all its quirks and turns. Even the hest of players lost their judgment at times and allow their own hand to influence their bid- ding to their disadvantage when they should realize that their partner has an unusual or freak hand, The other night, the writer noticed two examples of this failure to be on the lookout for the unusual or freak type of hand. AUCTION BIDDING: The dealer, with the following hand: Hearts -A, 7. Clubs -A, 9, 4, 2. Diamonds -A, Q, J, 8. Spades -A, K, 4. ,Latest Radio Device Guides Unmanned Fleet in Air or Water London. - A radio invention, by 'which it would be possible to control a fleet of airplanes or ships, is said to have been perfected by a young radio engineer. The inventor also de- clares that by his device radio signals cannot be jammed -that even if an- other radio station is operating on the Immo wave length, it will not affect the controlling instrument. These revolutionary claims in re- mote radio control are made by Chales Keeling, of Buckhurst Hill, Essex, a London suburb. The system is so ex- tensive that anything from a type- writer to an airplane can be controlled by a person miles away, Keeling de- clared. had a sure game in hearts and bid three no ,trump, although there was 110 sure game 3n no trump. Tho 100 Aces were too much for his judgment and, as a result, he went down three tricks undoubled, a net loss of 50 points on a hand that would have scored game at hearts. His partner's hand was as follows: Hearts -Q, J, 10, 9, 6, 4 Clubs -Q, 6, 3 Diamonds -10, 9, 7 Spades -5 Don't allow 100 Aces to impair your judgment. CONTRACT BIDDING: The dealer should bid two no trump, and his partner four hearts. As a contrast to his bad bidding, the bid one no trump. Second hand passed player whose bid has just been eriti- and the dealer's partner bid two .cited played the following hand very hearts. Fourth hand passed and the cleverly: In an interview the said: "My method is absolutely new. On one wave length, high or low, I can transmit eight distinct signals. "Two men in on.e airplane could fly a dozen or so craft, carrying hundreds of tons of freight or mail. With the new robot pilot, which the air ministry still has on its secret list, these ma- chines could be landed with perfect safety and without a human hand touching the controls.' "Freight vessels could be controlled either from the shore, or, if in a group, from one master ship. They would re- quire no crew, every operation of the boat would be mechanical and would be controlled by radio." Better Living Standard Attributed To Advertising New York. -The influence and im- portance of modern advertising was stressed by J. P. Muller, president of the J. P. Muller Advertising Agency, isppeaking before the annual meeting of the Women's Press Club of New York ICity. The public learns many things through printed and broadcast adver- ing, Mr. Muller said, pointing out at more than $2,000,000,000 is spent anualiy in advertising. He attributed e rise in the standard of living for the average family, from $350 annually 1916 to $1,200 in 1930, to the in- fluence of advertising. "Advertising -1d a .6urteTh o _ .S ix of glecYug the goods of merit before the buying public," said Mr. Muller. "America in advertising conscious, and Hearts -5, 4, 3 Clubs -A, Q, 7, 6 Diamonds -6, 4 Spades -8, 7, 5, 2 Hearts -K,. Q, 7, 0 Clubs -10, 4, 2 Diamonds -IC, 9, 3, Spades -A, 6, 4 Y A Hearts -A, J, 10, 9 Clubs -K, 9, 6 Diamonds -A, 8, 5 Spades -J, 9, 3 Z, the player in question, was play- ing the hand at three no trump. A opened the five of clubs. Z won the trick .with the king and led four rounds of hearts, winning the last heart in Y's hand. B discarded two diamonds on the last two rounds of hearts, Z was now in a position where he could make two odd, but figured that it he could force B to make another discard, he might pos- sibly make three odd by making three diamonds or two spades. At trick six, therefore, he led Y's ten of clubs, advertising men, consolidated in clubs and federations, vigorously protect the standard of advertised goods by pro- secuting where fake ads try to sell poorly made products," he added. I -!is Mistake The young suitor thougnt Christ- mas Eve a suitable time to propose to his lady love. He diu so. When he had finished talking, she shook her head. "No, John," she replied. Tho young loan looked crestfallen. "But why not, Betty?" he said. "I've given you a car, I've sent you flowers, I've taken you to dances and hundreds of shows. In fact, I've given you everything that money can buy. Now yotl irefuse me. Why is its" "Because, John," she said dramatic- ally, "you're too extravagant!" DONALO'S Rite Cut, Gana a.b go coc' with Z 1G -ZAG papers attached In10,15't-, and -20 Package's Hearts -8, 2 Clubs -J, 8, 3 Diamonds -Q, J, 10, 7, 2 Spades -K, Q, 10 forcing A to win the trick, who there- upon led two more rounds of clubs. B was now forced to make another discard. He could have discarded either a spade or diamond. If the former, Z would discard a diamond and make two spade tricks. If the latter, Z would discard a spade and make three diamond tricks. It is a perfect example of the "squeeze" play. Study the play of this hand careful- ly, for it was cleverly thought out. It is very unusual to win a game by leading your opponent's suit. Young Paris Barristers Pay Taxes . by Digging , Paris -Some young barristers in ` Montpellier have found a humorous way of protesting against the heavy BY ANNEBELLE WORTHINGTON taxes that are levied on members of I the so-called liberal professions. As Illustrated Dressmaking Lesson Fur - French Senators and Deputies are visited with Erery Pattern nearly all members of the bar, there What New York Is Wearing A Resolution for 1932 "1 will try Red Rose Tea,.: 2 CHOICE QUALITIES --r Red Label & Orange Pekoe Owl Laffs Wise or otherwise, it's an excellent idea not to want the things you can't get. The largest bone in the human frame is the wish -bone. Fish bite, but nobody seems to want them muzzled. Beware of a Woman who always agrees with you; she doesn't, We may fool others occasionally, but we all get fooled in time. We all like our friends to be perfectly frank about other peo- ple. Things people give you may cost you more than they are worth. It's an easy thing for a married man to un- derstand why, as a bachelor, he didn't understand women. When Sunshine Hite You When a bit of sunshine bits you, After passing of a cloud, When a ilt of laughter gits ye And yer spine is feeling proud, Don't forget to up and fling it At a soul that's feelin' blue, For the minute that ye sling it It's a boomerang to you. are probably many future Parlia- i mentarians among these young men. i Considering the "vicinal" tax too high, they availed themselves of the right which they had, to pay it in kind. This is why they were seen one morning happily breaking stones and cleaning out roadside ditches under the supervision of a road men- der. The result of this small inci- dent was to attract the attention of the powers that be to the lot of those intellectual workers who, in France, are poorly paid. This gives food for thought, for if all French- men suddenly availed themselves of their right to pay certain of their taxes in this way, the authorities. would certainly be rather perplexed. The example of the barristers in Montpillier has already been follow- ed by the tradespeople of a small town in the Pascle-Calais Depart- ment, who paid taxes which they considered excessive by three days of work on the roads. First Use of Shorthand Traced to Early Romans Rome. -Shorthand symbols are of ancient Roman origin, a recent arche- ological study has revealed. Romans were widely using a uniform system of shorthand writing 200 years before Christ. Such are the declarations in a recent investigation by Gino Massano, who has brought to light the full alphabet of ancient 'Roman shorthand writers, The symbols are, in some respects, similar to those employed today. Several centuries before Christ, when Rome was extending her prov- inces into every part of the world, the need for speed brought forth several forms of abbreviated writing by sym- bols which wore swiftly adopted for commercial enterprises. Ancient rec- ords show most of the accounts and letters of Romanfirms were written in shorthand without transcribing, as the recipient was always familiar with the code employed, Canada Well Supplied With "White Coal" Ottawa. -Canada is compensated for its lack of hard coal by the almost i t limitless supply of "white coal,"or Waterpower, which supplies nearly the entire energy requirements of the country, exclusive of that utilized for steam railways and automobiles. The machinery of conciliation is ere•• ated by public opinion; and with its more perfect adjustment the force of. public opinion behind it will grow steadily more and more insistent. Little by little war will be erased from the possibilities. -Daviel Starr Jordan. Wife -"Several men proposed to me before I married you." Hubby -"Why didn't you marry the first fool that came along?" Wife -"I did." On page 617, volume 10, llth edition, Encyclopedia Britannica, the page heading reads: "Foot -and -Mouth Dis- ease -Football." After listening to the conversation of certain inspired old -grads during the Iate football sea- son, we heartily subscribe to this high- ly illustrative and illuminating head- ing. . Here's a nice day model of unusual lines in semi -tailored styling. The wrapped effect gives the figure ele- gant height. Buttons furnish a smnrt trim. The sleeve cut is interesting. A novelty woolen made the original with plain woolen vestee. However, some' may like the vest of self -fabric. It's a model that lends itself very well to the tweed -like and monotone stipple woolens, now so fashionable. Canton -faille crepe, wool crepe and novelty rayons aro all chic. Style; No. -8423 is designed for sizes 36, 98, 40, 42, 44 and 46 inches bust. a Size 36 requires 314 yards 54 -inch, with 34 yard 10 -inch contrasting. ROW TO ORDER PATTERNS. Write your name and address plain- ly, giving number and size of tluch patterns as ,you want. Enclose 20c in stamps or coin (coin preferred; wrap it carefully) for each number, and address your order to Wilson Pattern Service, '73 West Adelaide St,, Toronto. • Steadiness Is a point of prudence as Well as of courage.--4/Estrange. Women in Chile May Get Vote Santiago, Chile, -Deputy Don Fran- cisco Melvilu has presented a bill to Congress demanding votes for women throughout Chile. Supporters are working hard to obtain preferential consideration for the measure. The South Pacific Mail, an English- language publication, commenting on the bill, says: "We believe female suf- frage would be an excellent thing for this country. We do not know what the present proportion of boys and girls at school may be, but not long ago there were many more girls than boys receiving state education. "It is a matter of common observa- tion that the women of Chile are more intelligent than the men. They have a wider range of ideas, they are more practical when it is a question of the little things that make up daily life and upon them rests at all times a re- sponsibility that they accept with good humor and philosophy. For in many country places, especially in the neigh- borhood of big towns with their cor- rupting influences, it is invariably the women who do the work and keep the homes going," Are you a thoroughbred? It has been well said that the cart horse goes until ho can't go another inch and then gives up; that the thoroughbred goes until he can's go another inch - and then goes the other inch. Boy (visiting a shoemaker) -"What do you make shoes from?" Shoemaker -"Hide." Boy -"Why should I hide?" Shoemaker - "Hide! Hide! COW'S outside." Boy -"Let the o1' cow come; I'm not afraid." The Grandmother (to granddaughter) - "When I was your age we girls all wore petticoats." Granddaughter - "Even then boys would be boys, wouldn't they grand- ma?" -'. Plan Le Bourget Enlargement Le Bourget, France. -Plans for the enlargement of Le Bourget Airport are being studied by a commission headed by M. Etienne Riche, Under-Secretary- of nder-Secretaryof State for Air. Modernization of field facilities and purchase of addi- tional land as well as the construction of new hangars and administration buildings are being examined by the group. There is no question but what Eve had the best husband in the world - at that time. If, as is said, it was necessary to use a man's eye to per- fect television, do you suppose it was a woman's tongue that yielded the secret of the old-fashioned talking ma- chine? In speaking of s. neighbor, old Ragson Tatters seta: "He's one of the fellows who can be depended upon to sign a petition or second a motion. Dearer--"ITnw do you like your new radio set?" Scott•hman---"The music is fine, but the lights are too dim to read by." Helen --"You say you are going to marry a man with an income of $10,000 a year and try to persuade me it Is a love match?" Clara -"It is; I love money." Bill -"Have much snow this year, Farmer Giles?" Hi -"Fair amount, but my neighbor had more." Bill -"How could the have more?" Hi -"Ho has more land." Everything Would Turn BLACK Mrs. H. F. Swanzey Considers that Dr. Williams' Pink Pius (tonic) Saved Her Life. "I could. hardly walk across the room," writes Mrs. H. E. Swanzey, R. R. No. 1, Coiling - wood, Ontario, "Everything would turn black and I would become so dizzy I would have to rest, I thought I would never be strong -when I was advised to get Dr. Williams' Pink Pills. I used them until I bad taken six boxes. Soon I was feeling like a different person. I am now the mother of six strong, healthy children." The iron and other elements in Dr. Williams' Pink Pills (tonic) increase the amount of haemoglobin, or oxygen - carrying agent, in blood. The result is a better a petite, a feeling of well-being, restful sleep, and the ability to do your work happily, Begin now to take Dr, Williams' Pink ',1$ 50 cents a package 134 "Feeling Like a Different Person: Classified Advertising AN OFFER TO EVERY INVENTOR. List of wanted Inventions and full lnformatign sent free. The Ramsay Com- pany, World Patent Attorneys. 273 ,3auk Street, Ottawa, Canada. HIP US YOUR POULTRY .ND 11 eggs. Absolutely highest market prices paid. Cheques remitted immedi- ately. Crates loaned. Write for quota- tions and give us a trial. ROSENFELD POULTRY AND EGG CO\IPA:ay LIM- ITED, MONTREAL. FITRS. HIDE'S, WOOL WANTED. Highest prices paid. Sell direct to B. Thompsgn, Watford, Ont. Skin Health Derived from Daily Use or the CUTACUB,A PREPARATIONS Soap 25o. Ointment 25o. and 50a. Talcum 250. SAMPLE ram Addre,at $.T.walt Co., Ltd., Montreal TOO FAT AT 22 Last 19 lbs. -And Backache " I am 22 years of a;e, and I weighed 103 lbs. I had pains in the back and head, I didn't care about anything. When my friend told ane to try Kruschen Salts, I would not at first - 1 was sick of taking stuff. But since I tried Kruschen Salts, six months ago, I have lost 10 lbs., and feel a different woman, so I am very thankful to Mrs. --who recommended Kruschen Salta • -Mrs. P. rue condition which caused this avnman to put on weight was also the cause of her backache and headaches. The whole trouble was due to the internal organs failing to expel el front the body, regularly and completely, the waste products of digestion. The six salts of Kruschen assist the internal organs to perform their functions properly -to throw off each day the wastage awl poisons that encumber the system Then, little by little, that ugly fat goer -slowly, yes - but surely. The backache and head» nches disappear. You feel wonderfully healthy, youthful and energetic--., more so than ever before in your life. ISST.JE No.