HomeMy WebLinkAboutZurich Herald, 1943-01-07, Page 2flow Can 1
By Anne Ashley
Q. How can I aid the sewing
macdiine and other machinery of
dust and Iint?
A. A good method for this pure
poseis the use of a bicycle or
automobile pump.
Q. How can I clean a clock?
A. Place a piece of cotton
saturated with kerosene inside the
door of a large clock and allow it
to remain for a few days. This
will have a tendency to clean the
works.
Q. Haw can I give a faint
deliea'te scent to handkerchiefs?
A. Moisten a blotter with per-
fume and place in the handker-
ehtef box. It will impart to the
handkerchiefs just the delicate
scent desired.
Q, How can I make a good
salad with left -over cooked haul?
A, Mix with hard cooked eggs,
celery, and dressing, and you will
have a good salad to serve for
luncheon or supper.
Q. How can I easily clean bed
springs?
A. A long -handled, medium-
sized brush vzill prove invaluable
in cleaning bed springs. Dip the
brush frequently into hot. water.
It will get into the corners very
easily.
One mine in Chile is producing
25 per cent. of the world's copper
supply.
Have You Heard?
A guide was showing a party of
visitors around a museum, and
presently they came to a room
full of stuffed animals.
f°Now, these stuffed anneals,"
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. "What are they stuffed
with, then?"
Mistress: "J am sorry you
are leaving us, .sane. But,
of course, if you are going
to better yourself, I--"
Maid: "Oh no, madam. 1
am 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?"
"He happens- to be my hus-
band," snapped the first girl,
. viciously.
"What Ss a debtor?"
"A man who owes • money."
"And what h a creditor?"
THE OYA
rtFC NJkDA
General Statement, 30th November, 1942
LIABILITIES
Capital stock paid up. $ 35,000,300.00
Reserve fund $ 20,000,000.00
Balance of profits carried forward as per Profit and
Loss Account 3,259,198.23
Dividends unclaimed
Dividend No. 221 (at 6% per annum), payable 1st
December, 1942
23,258,863.5e
525,000.00 23,843,061.82
Deposits by and balances due to Dominion Govern-
ment $144,192,623.59
Deposits by and balances due to Provincial Govern-
ments 17,392,485.40
Deposits by the public not bearing interest. .... - 576,594,382.44
Deposita by the public bearing interest, including
interest accrued to date of statement 425,973,022.55
Deposits by and balances dud to other chartered
banks in Canada 16,944.55
Deposits by and balances due to banks and bankhag
. correspondents in the United Kingdom endd
foreign countries 17,047,534.01
Notes of the bank in circulation ..............,,
Acceptances and letters of credit outstanding
Liabilities to the public not included under the
foregoing heads.,. .,.... «.,..<.....<...,,
i "45SfiS My
1,655,424.93
Gold held iii Canada e. n .....
Subsidiary coin Heid liCaada....
Gold held elsewhere
Subsidiary coin held elsewhere
Notes of Bank of Canada
Deposits with Bank of Canada
Notes of other chartered banks
Government and bank notes other than Gr'aradian. .
cheques on other banks
Deposits with and balances due by other chartered
banes in Canada....
Due by banks and baoolting correspondents elsewhere
than in Canada
Dominion and Provincial Government direct and
guaranteed securities maturing within two
years, not exceeding market value
Other Dominion and Provincial Government direct:
and guaranteed securities, not execedingsnarket
value
. Canadian municipal securities, not exceeding
s . market value
Public securities other than Canadian, not exceeding
market value
Other bonds, debentures and stocks, slot aseeedine
market value
Cali and short (not exceeding 30 days) leases �yy
Canada on bonds, debentures, stooks and othet
securities of a sufficient marketable value tq,
cover
Cali and short (not exceeding 30 days) loans else,
where than in Canada on bonds, debentures,
stocks and other aecuritfee of a auffirlcnt
marketable value to cover 23,523,562.70
006,440,239.53
Current loans and discounts in Canada, not other-
wise included, estimated Ioss,provided for $366,1.48,401.76
Loans to Provincial Governments 1,770,548.28
Loans to cities, towns, rmunidpalitice and school'
districts 15,961,150.64
Current loans And discounts elsewhere than in
Canada, not otherwise Included, estimated Ion
provided for , 59,276,982.74
Non-current loans, estimated loss provided for, 1,187,236.83
1,705,785.6.1
30,157,080.75
71,527,152.34
31,661,337.19
$ 58,908,784.34
2,123.$7
65 719,393.90
$ 68,843,061.82
1,1s1,211,192.a
18,271,281.
31,156,431.
2,127,979.15
$1,291,615,945.85
137,254,203.14
124,630,272.17
319,318,682.09
200,482,663.00
8,960,639.06
52,872,120.67
33,140,596.97
3,267,499.65
333,344,320.22
Bank premises, at not more than cast, leas amounts written off... 13,640,588.51
Ileal estate other than bank},realises r , ........ 1,260,492.03
Mortgages on real estate sold by the bank • 832,006.19
Liabilities of customers under acceptances and lettere of credit es
per contra •
Shares of and leans to controlled coinpanirs
Deposit with the Minister of Pinance for nee seeurity of note dr-
culation
Other assets not included under the foregoing heads (but including
refundable portion of Dominion GoVerninent Lases)
M. W. WILSON,
President and Managing Director.
AUDITORS' REPORT
TO Tan Si aanotoaas, Tart Rom Runt or CANADA:
Welave examined the above Statement of Liabilitioe wed Assets as at 30th November, 1942
with the books and accounts of The Royal flank of Canada at Head Office end with the certified
returns from the branches. We have checked the cast: and the securities representing the Bank's
investments held at the Head Office at the close of the fiscal year, and at various dates during that
year have also checked the cash and investment securities at several of the important brandies.
We have obtained all the information and explanations that we have required, and fn our
opinion the transactions of the Bank, which have come under our notice, have been within the
powers of the Bank. The above etatement is in our opinion properly drawn up so as to disclose
the true condition of the Bank as at .30th November, 1942, and it is es shown by the books of
the 47ank.
A. BALLANTYNE, C.A.,
of Peat, Marwick, Mitchell Ss CO, Auditors,
If. OGDEN I1ASKL+LL. C.A.,
of Haskell, H skcli Iilderkin & Co.
31,156,431.68
3,169,842.94
1,110,000.00
662,025.75
51,291,615,946.88
S. G. UQBSON
General Manager.
Montreal, Canada, December 24, 1942.
PROFIT AND LOSS ACCOUNT
Balance of Profit and Loss Account, 29th November,
1941,.....,.. 8 3,209,074.84
Profits for the year ended 30th November, 71942, diter
Government providing for Dominion taxed
amounting to $2,014,166.80 (of which 434,751.73
la refundable under the provisions of the `'3xcesa
Profits Tax Act) and after making approprla-
mations to Contingeeroy Reserves, out of which
Reserves provision for all bad and doubtful
debts has been made 3,390,123.39
a991
APPROPRIATED AS FOLLOWS:
Dividend No. 218 at 8% per annuiri. . <«..b,.w« 3
Dividend No. 210 at inn per annual ssa.de.
Dividend No. 220 et 8%, per attriurri„...,,.v..".s..
Dividend No, 221 at 6% per annum , , > , w . + is *9.94.
900,000.00
700,000.
700,000,''+;
525,000.00
2,625,000.00
�Contributioti to the ?easier). Fund Society, ...etas. 315,000.
Appropriation for Beak Premises.. , ..".4bA+n" 400,00.
Balance of Profit and Loss carried forward, . ,.«., . 3,259,•198.
M. W. WILSON,
President and Managing DDireetart.
Montreal, December 24, 1942.
6,ii9,9�1
S. G.1DOI3SON
¢totaOral Ivienaaen
JUST A DRIP
This winter wonder, an icicle
bud, was formed when snow
melting on the roof of a Hutchi-
son, Kan., home, fell on a shrub
and froze in this form.
"A man who thinks he's
going to get it hack."
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 1 sees
a torpedo, Lady, 'eading
straight for us."
Lady Listener: "Dear mel
1 da 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 thenloost-
ed in the trees. to see if L'gould
plant some more."
Seed Merchant—"That''t eeth-
h,g',,:Right now there's one over
there �osng-:etzriauglt,.k z4 t to
see who has ordered seed I01 text
springs" •
"Is the boss .dn?"
"Not he's done out for
lunch."
"Will he be in after
lunch?"
"No; that's what he's gone
out after."
WHAT SCIENCE
XS, DOING
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 1948 sea-
son. The tests this year were
"outstandingly successful" in
light, sandy soils.
It is believed that these, com-
bined with a newly developed
thinning machine used for beet
cultivation, May cut hand labor
75 per cent. Montana farmers
now need 10,000 helpers,
Recause of wartime metal
shortages, full scale production of
the diggers and toppers cannot bo
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
Miehigan.
Rubber is being produced from
the roots of a wild shrub in
French Equatorial Africa;
a _. _ cit
MID s"
Us.oldl
WOMEN ll
HEED THIS ADVICLI1
If
hot flashes, diezzitesNERVOUS—
stiffer a
by this period in a woman's life—
try Lydia 13, Pinitha,m's Vegetable
Compound. 2tado especially for
too:nen, Hundreds of thousands re-
markably helped. Follow lrtbol direc-
tions, Made in Canada.
Modern Etiquette
By Roberta Lee
1, If the engagement is to be
a long one, should it be publicly
announced?
2. Is it necessary to answer an
invitation to a large reception?
3. What is parfait, and how is
it pronounced?
4. What is the correct, accepted
form for a formal introduction?
5. Should every personal letter
and note be dated?
6. Is the centre droplight over
the dining room table proper
when giving a dinner?
Answers
1. This is a matter 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 ah, e as in bet,
accent last syllable, 4. "Mrs.
White, may 1 present Mrs.
Green?" 5. Yes. Many misun-
derstandings have arisen because '
the date was omitted. 6. No. One
should use white or colored
candles to harmonize with the
room or the table decorations.
YJ -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 get 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
do 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 hope of
breaking the iron ring of British
seapower will be used with in-
creasing savagery as his situation
grows more desperate.
It would be grossky unfair to
our seamen—quite apart from the
danger that always resides in un-'
founded complacency—to under-
estimate what tremendous calls
will be made on then before they
can pronounce that the teeth of
Germany's submarines have been
finally drawn.
Santa Claus H.1 s
Lots Of Rei deer
Herd of 9,000 Husky. Deet'
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'trans-
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 Fig.:' res
Reach <,IF.ti rde li High
Total Assets at Record Level of $1,291,615,947 --- Public
Deposits Top Billion Dollar Mark — Current Loaxis
Temporarily Higher — Liquid Position Very Strong
Profits Slightly Deduced
The steadily mounting tempo of
Canadian business is strikingly re-
flected in the Annual Balance
Sheet just issued by The Royal
Bank of Canada for the year end-
ing November 30th.
Total assets are well over the
billion dollar mark and now stand
at $1,291,615,947, the highest point
ever reached in the history of the
batik.
Deposits by the public, topping
the billion dollar intuit, leave like-
wise reached an all-time high. The
liquid position has been still fur-
ther strengthened with quickly
realizable ass e t s representing
75.44 ;'$ of the bank's liabilities to
the public. From point of view of
aggregate assets and liquidity this
year's statement is the most im-
pressive ever issued by the bank.
Profits for the year show mod-
erate contraction due to increased
Dominion Government taxes, high-
er operating costs and the fact
that comparatively • low yields are
being obtained on the substantial
sums 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 $681,913,309. a
year ago. Liquid assets include
Dominion and Provincial Govern-
ment securities, $519,801,345. as
compared with $371,231.,959. the
previous year; United States and
British Government securities, $46,-
029,701. as compared with the pre-
vious total of $6,912,050, while
cash on hand and deposits with
the Bank of Canada, other cash
items and batik balances are $261,-
884,475, up $27,805,766.
Current loans in Canada stand
at $255,148,401, an increase of $13,-
365,000: It is understood advances
made by the bank to assist Pur.
chasers of the recent Victory Bend
issue account for this ,increase
and that ordinat'y commercial bor.
rowings are somewhat lower, The
explanation is that activities of
litany businesses have been •divert-
ed to war production, resulting in
rapid turn -over and prompt settle.
went of accounts; furthermore, in•
ventories are, generally speaking,
lower. As a consequence many
concerns find It unnecessary to
borrow from the banks.
Current loans outside Canada
are down by slightly oval. $16,000;
000. Total deposits are higher by
$225,000,000 and now stand at $i,-
181,217,192. Dominion Government
deposits at $144,192,823. are sub
stautially higher and this is at-
tributed to the Government de-
positing with the banks the pro'
ceeds of the recent Victory Loan.
It is interesting to note that de-
spite substantial withdrawals by
the public for the purchase of
Victory Bonds, public deposits.
(excluding Government deposits)•
have increased from $902,152,676.
to $1,002;567,405.
After providing for Dominion
Government taxes amounting to
$2,014,166, and making appropria.
tions for bad and doubtful debts,
profits for the year amounted to
$3,390,123, which represents a
slight reduction as compared with
the previous year's figures. From
these profits dividends amounting
to $2,625,000 were paid, $315,000
appropriated for the Pension Fund
and $400,000 for Bank Premises,
The sum of $50,123 was carried
forward to the balance of Profit
and Loss Recount which now
stands at $3,259,198.
The Annual General Meeting et
shareholders will be held at the
Head office of the bank at 11 a.m,
on January 14, 1943.
deer were delivered from AIaska
to a reserve of 6,600 square miles
established on the east'eide of. the
Mackenzie river delta. There now
are three herds, two of them un-
der .skimo, management near the
Anderson and Horton rivers about
150 miles east of the reserve.
Eskimos Good Herdamen
Some 3,000 deer have been
slaughtered or lost since the herd '
arrived in Canada. Meat has
been sold to natives and resi.
dents of Aklavik and donated to
9c1T6triS;:.kosgi$ais;.' and 'mis910 1,
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.
Rehm
$4) crate lag t bio It! Bail
For quick relief from itching of eczema pimples, ath-
lote's foot, scaled, scabies, rashes and other externally
caused skin troubles, use world-famous, cooling, anti-
soptio, liquid D. D. D. Prescription, Greaseless,
stainless. boobies irritation and quickly stops intense
Itching. 36o trial bottle proven it, or money back. Ask
your druggist today for 0, 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
sights, have proved excellent
herdsmen, even when they have
been .brought from remote areas
of the north.
Sweet potatoes are the driest
of common vegetables, containing
only twice as much water as bone
dry .mrd+a14 al
SAFES
Protect your BOOKS and CASB.
fron, PIKE and ulniuvny. We
have a oho and type of Sage, or
Cabinet, tor any pnirpose, Viol4
inn, or write tor pricers, ere, to
.Dept. W.
. t�. �c�1.TAYLOR LI hi aTED
TORONTO SAFE. WORK
143 Grout St. <E !Toronto
nstabusbea 186k -,
AUTOMOBILES—USED
USED CARS WITH GOOD T1IUSS.
See us first. Mount Pleasant Mo-
tors Limited. Used Car Lot at
2049 Yonge Street; Head Orrice,
632 Mount Pleasant Road, To-
ronto, Telephone 111. 2181.
ANIMViALS WANTED
PUPPIES WANTED. CROSSBRED
and others. Also Rabbits, Guinea
Pigs, Ferrets. ,State number and
sex. Hall, $t. Lawrence Market,
Toronto.
13 Alla! CRICKS
START CHICKS EARLY F O It
most profit. Hatches every week
from January Fourth—Chicks.
Pullets, Coclterels. Illustrate
Catalogue, Price Li s t ready.
Fisher' Orchards Hatchery, Free-
man, Ont.
25 FREE CHICKS
SEND FOR OUR PRICE LIST OF -
tering free chicks Por early
orders, and place your order
early. Goddard Chick Hatchery,
Britannia Heights, Ontario.
BRAY SAYS—"ORDER FEBRUARY
chicks now". The season will be
a big one for hatcheries and
poultrykeepers, so avoid dis-
appointment. There will be start-
ed chicks too. So --order Bray
chicks now. Bray Hatchery, 130
John St. N., Hamilton, Ont.
CHICKS
SEND FOR OUR RECORD CHART
free and catalogue. Six breeds
chicks and all ages growing out-
lets, Government approved, Save
money, early order discounts.
Prompt deliveries. Satisfaction
guaranteed. Monkton Poultry
Farm, Monkton, Ontario.
e
CATTLE
BUY HOLSTEINS NOW
WITH AN UNLIMITBID DEMAND
for Dairy products, now is the
time to buy a good pure-bred
Holstein bull or a tow choice
females, Vett get more milk,
more fat with and olsiihigher Letivour
Fioldmen advise you Where to
buy. Write the Ii'olstein-Friesian
Association of Canada, Brantford,
Ontario.
Mint FOR SA7,,iil
8011 SALE, 65 ACRE FARM, 8 -
room brick house, hydro, 114.
miles from Tilbury. Apply ,Toe
Cloutier, l;:.it. 5, Tilbury.
DYEING & CL1i;ANf'IG
HAVE YOU ANI'THING NEEDS
dyeing or cleaning? Write to us
for information. We aro glad to
answer your tiuestions. Depart-
ment a, Parker's Dye Works
Limited, 791 Fonge Street, To-
ronto.
MALE HELP WANTED
TWO SINGLE MEN, GIINt3RAL
farmer, good with horses, other
good milker hand or machine.
Fifty-five a month and board.
References. Eenetcau' Brothers,
.Ainherstburg, .11,R, 3, Ontario.
MEDICAL
GOOD RESULTS EVERT SUF-
ferer front Rheumatic Pains or
Neuritis should try Di.ron's Rem-
edy. Munro's Drug Store 336
Elgin, Ottawa, Postpaid Sine,
FILMS
ANY 6 011 8 EXPOSURE ROLLS
developed and printed, thirty
cents postpaid. Guaranteed re-
sults. 24 hour service, Individual
Photo Service, 379 Brookdale
Avenue, Toronto.
PATENTS
@'ETHEIRSTONkiAUClH & L'UMPANY
Patent Solicitors, .Established
1890; 14 ,[Ging West, Toronto.
Booklet of information on re-
quest.
F011 SALE
WHEAT, OATS, BARLEY IN CAR-
1ots only, whole or ground, for
serious buyers only, The Atlas
Grain Company, Montreal,
FOOT 11ALaa
BAU2IEJII(.e FOOT BALM destroys
offensive odor instantly, 46o
bottle. Ottawa agent, Denman
Drug Store, Ottawa.
HAIRDRESSING SCHOOL
EA, It N HAIRDRESSING THE
Robertson method, Information
on
request
regarding classes.
Bober teen's Hairdressing Acad-
emy, 137 .Avenue Road, 'Toronto.
OI6'1man to iwynP,rrons
APi OFFER TO k.VERy INVENTOR
List of inventions and full infer -
:nation sent fret, The Ramsay
Co., Registered Patent Attorneys,
278 :Dank Street, Ottawa, Canada,.
ISSUE No. 2-43
(PATENTS
Free Helps For Inventors
Everyone with a good idea should
promptly secure the Illauatrated
Booltiet "Fortunes Prone Inv ens
tions," and the handsome form
"Record of Your Invention." Get •.
them to-dayfree-from W. Irwin
Haskett, 53 Queen Street, Ottawa,
RliEUDIATIC PAINS
TRY IT! EVERY SUFFERE1R. OF
Rheumatic Pains or Neuritis
should try Dixon's Remedy.
Munro's Drug Store, 335 Elgin,
Ottawa, Postpaid 31 00
RIIE•UMATIC
HIGHLY RECOMMENDED — E y-
ory sufferer of Rheumatic Pains
or Neuritis should try Dixon's
Remedy. Munro's Drug Store 335
Elgin, Ottawa, Postpaid 31.00.
STAMPS
APPROVALS 0 V E R TWENTY
thousand different British and
Foreign to choose from. Bennett's
Stamps, 29 McMaster Avenue,
Toronto.
110I1.101). FOR SALL
BOILER 72 INCHES se 18 PT., 114
fair condition. Ieenan Wooden -
ware Manufacturing Company
Limited, Ou-en Sound, Ontario.
PHOT 0C413A11I1W
DON'T TRUDGE THROUGH.
The heat, Rain, or hail
HAVE YOUR SNAPS
Delivered by Mail
Any 6 or 8 exposure film pertectty
developed and printer) for only 210.
Supreme quality and fast service
guaranteed,
IMPERIAL PHOTO SERVICE
Station J. l'oronto
SAIrIO WAN3'101)
SAFI7 WANTED — STATE A (1 fe,
condition inside size and price,
Box D, Mom 431, 73 Adelaide St,
W., Toronto,
WANTED, In yr. TO TwENT :-
five horsepower direct current
motors. Two -ton 0hoi11 blocks.
High pressure Six ty-s1x by
teen horizontal return tubular
bolter. J, 1i, Kennedy, Cobour• g.