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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.