Zurich Herald, 1938-12-15, Page 7Canadian BusinessReviewed
By Leading Bank Exec
tives
BANK OF MONTREAL'S 121st ANNUAL MEETING
Assets Reported at Highest Pcint Since 1920-
Loans Show Increase
An increase in loans for commer-
elal purposes of $27,800,000—$47,-
900,000 in two years --to a total of
$178,700,000 was reported at the
121st annual meeting of the Flank
of Montreal, when business condi-
tious and the bank's important part
therein were reviewed before the
shareholders by the President, Sir
Charles Gordon, G.B.Ii]„ and G. W.
Spinney, joint general manager re-
porting for himself and Jackson
Dodds. During the year, there was
an increase of over $44,000,000 in
deposits, with assets expanding to
$874,256,828, the highest point since
1929. The financial position of the
Bank, Sir Charles said, had been
well maintained at the level of a
year ago, when he had described
it as the strongest during the ten
years he had occupied the presid-
ency.
Gold Production at High
A new high mark for gold produc-
tion with recent output on a basis
of $180,000,000 annually as a feat-
ure of Canada's mining industry,
the largest grain crops in the prair-
ie provinces since 1932 and results
described as "good" for field crops
generally throughout the country,
bountiful catches of fish (although
prices were depressed), increased
consumption of newsprint and the
development in Alberta of impor-
tant commercial oil fields were
mentioned by Sir Charles among
the more satisfactory developments
of the year.
At the same time it .had been, he
said, a period of great uncertainty
in regard to the immediate future,
and, consequently, of some hesi-
tancy in business operations. Alto-
gether, speaking by and large, and
having in view the situations in
other coo"entries, the experience in
Canada had not been unsatisfac-
tory; most industries had main-
tained a fair rate of produetion,
with recession in some lines being
offset in other directions.
Taxation and Profits
Reviewing the bank's financial
statement, Mr. Spinney stated that
the increase in the number of com-
mereial borrowers had permitted
more profitable employment of
money than was to be found in
short-term high-grade securities.
However, as the result of low in-
terest rates and the still moderate
borrowing requirements of busi-
ness, profits were practically the
same as for the preceding year.
Taxes showed continued increase
and the extent to which this had
been the case in recent years was
shown in the fact that they were
about $500,000 higher than five
years before, despite the fact that
there had been a reduction of 63
In the number of the bank's branch
offices.
In commenting on the strength of
the bank's position as shown in the
ratio of quick assets to public
liabilities at 77.80 per cent., Mr,
Spinney observed that "naturally
we would like to see the percent-
age brought considerably lower
through an increase in good com-
mercial loans, and we are glad the
trend is in this direction."
AVE
The newlyweds had just gotten
off their train.
"John, dear," said the bride, "let
WI try to make the people think we
have been married a long time."
".All right, honey," was the ans-
wer, "you carry the suitcases."
A tittle girl was carrying
home some eggs, and dropped
them.
"Did you break any?" asked
her mother.
No," said the child, "but the
shells came off some of them."
"I know what's passing in your
mind," said a girl to a nervous
young man who had been paying
her marked attention. "I know why
you are calling here night after
night, appropriating my time to
yourself, and keeping other young
men away, You want me to marry
you, don't you?"
"I—I do," the young man stam-
mered.
"I thought so. Very well, I win."
Don't worry 1f your job is small
And your rewards are few;
Remember that the mighty oak
Was once a nut like you.
"1'm all out of sorts. The doctor
said the only way to cure my rheu-
matism was to keep away from all
dampness,"
"What's so tough about that?"
"You don't know how silly it
makes me feel to sit in an empty
bathtub and go over myself with a
TACunm cleaner."
Black eyes are possessed by a
clever, witty person, says a
.press release. Or the person
with a slow left, it might be ad-
ded.
odern
Etiquette
BY ROBERTA LEE
1. What does it signify when a
neighbor fails to return a first call
within six weeks?
2. How can a tactless person
overcome the embarrassing habit
of often saying the wrong thing,
or saying something at the wrong
time?
3. When a man and a girl are
eating in a public place where
there is dancing, who leads the
way from the table to the dance
floor?
4. What are the most important
things to bear in mind when writ-
ing a bread-and-butter letter?
5. When a bride-to-be receives
many gifts, how can she remember
each donor?
6. What sized tip should two
business women leave on the ta-
ble at an ordinary noon -day
luncheon?
Answers
1. It indicates but one thing;
that the neighbor does not wish
to form a friendship. It is rude
for one not to return a first call
within two weeks. 2. "Do not talk
. until you think." Let this become
a fixed habit, and your trouble
will vanish. 3. The girl should go
first, her escort following her.
4. The most important thing is
promptness. This letter should be
written immediately upon one's
return home. Second in import-
ance is a sincere expression of ap-
preciation. 5. List each gift as it
arrives, with a description and
name of donor. Do not trust to
memory. 6. Twenty-five cents is
sufficient for both, or fifteen cents
each if they prefer.
JO•BEE STUDIOS D°eroRO qM CMA14AM U.5 A'
Financier Dies
D._ B. Fianna, first president of
the Canadian National Railways
and first president of the Ontario
Liquor Control board, died sud-
denly in his 80th year at his To-
ronto home.
How Can 1?
BY ANNE ASHLEY
Q. Flow can I make a cement
for water pipe joints?
A. A good cement for steam
and water pipe joints can be made
as follows: Mix 10 lbs. of yellow
ocher, 4 lbs. ground litharge, 4
lbs. whiting, and yh lb. hemp, cut'
up fine. Mix these ingredients
with linseed oil to the c'onsistency
of putty. Of course a smaller
quantity can be made, using same
proportion.
,. c 'sn •' —o—
Q. How can I keep sausages
from shrinking and breaking when
frying them?
A. Try boiling them for about
eight minutes before frying. Roll-
ing them in flour before frying
will also prevent them from
breaking.
—o—
Q. How can I open a sealed en-
velope, when I have forgotten a
certain enclosure?
A. The envelope can be open-
ed easily by laying a wet cloth
ove_ the flap and pressing it with
a warm iron.
—o—
Q. How can I take proper care
of kitchen knives and forks?
A. Make a flannel knife -case
and fasten it to the inside of the
cupboard door, so constructed that
there will be a separate compart-
ment for each knife and fork.
The flannel will absorb any mois-
ture left on the metal.
—p—
Q. How can I remove dandruff
from the scalp?
A. A good remedy is to rub
pur . olive oil thoroughly into the
scalp every night before retiring.
AIso shampoo the hair every two
weeks, and rinse well in cold
water.
Mr. and Mrs. William. Lee, of
Cononley, England, celebrated
their golden wedding by attending
their grandson's wedding.
A HAPPY REMINDER!
While in town
get your copy of
this week's'
Toronto Star
Weekly.
Issue No. 51—'38
CAN SLOW LIFE DOWN
Primitive 'forms pt life have been
Mowed down so that .one minute
equals 10,000 years in their rate of
living by a method reported to the
American Philosophical Society.
In the laboratory various kinds
of bacteria and yeast cells were
plunged into liquid hydrogen, that
has a temperature around 400 de-
grees, Fahrenheit, below zero, The
tiny bits of living matter froze at
the equivalent of a drop of 1,000 de-
grees per second,
They did not, however, form or-
dinary ice, which is a crystal sub-
stance. They were in the vitreous
state. When thawed out rapidly, no
matter how long they had been fro-
zen, most of them were still alive.
POCKET PHONE
A vest-pocket telephone which a
person can carry and operate with-
out the use of wires, is one of the
possibilities of the near future. A
coil of wire so tiny that the strands
can hardly be seen by the human
eye develops a sufficient amount of
magnetic electricity to carry the
sound of voice a considerable dis-
tance without the use of ordinary
wires.
CARRY SLEEPING SICKNESS
A discovery which they said in-
dicated migratory birds may be the
distributors of the .dreaded sleep-
ing sickness which,.,,mysteriously
breaks out among human beings
was announced by three s,oientists,
of the Harvard Medical School.
They have discovered the disease
known to medicine as encephalom-
yelitis in ring -neck pheasants.
Until two months ago humans
were believed to have their own
type of sleeping sickness, not trans-
missible to them from animals.
BOON FOR THE SEASICK
Dr. Hilding Ekerfors, a ship's
physician on the Swedish -American
line, has announced a new use for
benzedrine—a synthetic drug: he
claims benezedrine relieves sea-
sickness. He fed 10- to 20 -milligram
tablets of the drug to 116 badly up-
set ocean travellers, and 101 of
them recovered from dizziness and
ONLY HE BEST
iS GOOD ENOUGH
This outstanding triumph is
proof of quality. Twelve first
prizes in twelve classes, in this
year's Baby Shows at the Toronto
and Ottawa Exhibitions, were
won by babies fed on 'Crown
Brand' Corn Syrup.
What better evidence can
there be of the confidence which
Canadian mothers and their
physicians have in the purity
and,quality of `Crown Brand.'
.A delicious table syrup,
'Crown Brand' is a treat
for the whole family.
Ten. the boys that pictures of
famous, hockey stars can still
Ise obtained for 'Crown Brand'
Corn Syrup labels.
CROWN
BRAND
CORN SYRUP
THE FAMOUS ENERGY FOOD
ITh. CANADA STARCH COMPANY Limited
nausea. The chemical's effective.
nese lasted from four to five hours,
StIN SPOTS VARY
Sun spots form a pattern of al-
ternate maximum and minimum of
intensity, it has been found in a
three-year study completed by Dr,
Hazel Marie Losh of the Univeratty
of Michigan Observatory,
Canadian Cheese. '•
.Output Decreases
Belief that Canada is not pro.
diming enough cheese was ex..
pressed by H. M. Hudon, manager
of the Co-operative Federee of
Montreal, speaking at ]3elleville
before the annual ..convention of
the Central Ontario Cheesemak-
ers' Association.
Mr. Iludson said Canadian
eheese enjoyed, a small premium
in the United Kingdom market.
Butter and other milk products,
contrarily, were "looking for buy-
ers." He thought butter produc-
tion should be placed on a domes-
tic trade basis, and surplus milk
manufactured into eheese,
Rev. P. 3. Handy of hast Green-
wich Baptist Church, London, has
invited lonely grandfathers in
Greenwich to forma ;club with
headquarters at his church,
Tropical cal Hues
New Favorites
It is announced that women
.are to wear tropical color
schemes in 1939. Tahiti rose,
coral pink, oasis green, palm
beige, manilla, cascade and
clipper green are among new
colors for resort and spring and
summer wear. The new shades
are suggestive of hot sands, sea
foam, the rolling main and
tropical skies.
Button -makers, shoe and hat
designers, milliners and makers
of dress ornaments, will follow
these schemes with tropical
color motifs. Other new shades
are glen grey, crayon pink, and
basque green.
DIXIE is.y
always Fresh
because you
cut it as you
.r* use
CIassiFed Advertising
LOST AND FOUND
FARMOR'S PANACEA: ROBUST
health often lost, always found
with MUS - KEE - KEE; millions
throughout Canada have proven
themselves during quarter century.
Men, women, children, genuine first
help. Positively guaranteed. Ob-
tainable Eaton's, Druggists, Gro-
cers.
MAKE A PLANE
BUILD AND FLY YOUR OWN
plane. Write for catalogue, ten
cents. Parts and accessories tor
sale. Hicks-DeHamel Air Craft Co.,
58 Berkeley Street, Toronto.
PATENTS
AN OFFER TI) EVERY INVENTOR,
List of inventions and full infor-
mation sent free. The Ramsay Com-
pany, Registered, Patent Attorneys,
273 Rank St.. Ottawa. Can,
PERSONAL
QUIT TOBACCO, SNUFF, EASILY,
inexpensively. Home remedy. Testi-
monials. Guaranteed. Advice free.
Bartlett's, Box 1, Winnipeg.
IF 1'OU WANT AN AFFECTION -
ate romantic sweetheart, with
money, write: arary Lee, 445-0,
Italia, Missouri.
MARRY—WOULD YOU MARRY IF
suited? Hundreds to choose from.
Some with means. Many farmers'
daughters and widows with pro-
perty. Particulars, 10c. Confiden-
tial. Canadian • Correspondence
Club, Box 128, Clargary, Alta.
POTATO BAGS
POTATO GAUS FUR SALE 2%c
each. We also pay highest prices
for junk. Consolidated Iron and
Metal, 58 Niagara Street, Toronto.
PHOTOGRAPHY
ONE ENLARGEMENT, 8 GLOSSY
Prints with roll developed 25c. Pho-
toart Service, Drawer 809, Trenton,
Ontario.
-UPHOLSTERING ad FURNITt,'RE
LYONS
CLEARANCE SALE
RECONDITIONED 14`isRN1'TERE
We must dispose of our tremen-
dous stock of reconditioned furni-
ture by January 1st, regardless of
coat. Every article is thoroughly
cleaned reconditioned and sold with
a definite tnoney-back guarantee of
satisfaction. This is a wonderful op-
portunity to buy that furniture you
need at a fraction of its real value.
85 Chesterfield Suites, (3 pieces)
in a large variety of styles
and covers, all guaranteed thor-
oughly clean. Priced from 50.50 up.
39 Dining Room Suites in oak,
walnut and birch, all nine
piece suites, buffet, china cabinet
and extension table and 5 leather
upholstered chairs, completely re-
finished. Priced from 524.95.
2SBed Room Suites, in birch,
walnut, enamel finishes, dres-
ser, chest, full size bed, sapless
springs and brand new mattress.
Completely refinished. Priced from
539.00 up.
Odd Chesterfields, 54.95; Chester-
field Chairs, 53.95; Day beds, $3,95;
Dressers, 54,95; Chiffoniers, 59.50;
Kitchen Cabinets, 59.115; Gas Stoves,
$4.50; Sewing Machines, 58.95;
Breakfast Suites, 57.95; Beds, 52.50;
50 good Used RuN s, all sizes; 100
brand new Mattresses, any size,
well -tufted, heavy roll edge. Special
53.95.
Buy with confidence! Money -back
Guarantee. All goods carefully pack-
ed, ready for prompt shipment, on
receipt ut money order.
LYONS
FURNITURE CO.
478 Yonge St., Toronto
BOYS TOWN
SYNOPSIS' Boa's Town 15 a refuge for boys, founded by Father Flanagan (Spencer Tracy), One of the newcomers is Whitey
(Mickey Rooney) sent there by his gangster brother. Belligerent and quarrelsome, Whitey starts to sneak away one night.
Six-year-old Pee -wee, who adores him, tries to stop him and is run over. Feeling responsible, Whitey wanders off and is ac-
cidentally injured while witneaeing a bank robbery, engineered by his own brother, Joe.
- "NO
AD
Ys"
"They want to arrest gLE for that job."
'Whitey is taken back to Boys Town, but because
gyp Was at the scene of the crime, the police connect
Dim with it. They grill hint unmercifully but he
1111;ubbornly refuses to squeal on his brother. One
tight though he runs to the hideout and begs Joe
to make a getaway. Then he will be free to tell the
pence the truth and save Boys Town from the public
Wrath being poured upon it
"They're convicting Whitey
without a hearing."
Father Flanagan's anxiety grows, All the papers
,. are running scare headlines about Boys Town. There
are threats to close the place and send the boys to
Reform school. Arriving back at the Town, he learns
of Whitey's escape. But one of the boys has news.
ire had followed Whitey to the hideout. That settles
the matter. Headed by Father Flanagan, the boys
all start out.
"X had no hand in robbin' that bawl."
En masse they all march up to the shack that is
the angsters' hideout. There is a furious hand-to-
hand fight. Then the police come rushing in and
'round up the entire gang. Ptzshing away from his
captors, `Whitey shouts out the truth. His brother
Joe had wanted to leave but the others had refused.
They were going to wait until the coast was clear
and keep Whitey with thein.
"I've nitoezys said ---there aren't any brei boys."
As a result of Whitey's bravery in dragging his
injured body to Joe's hideout, he is unanimously
elected Mayor of Boys Town, And now, the story of
the capture of the gangsters focuses the nation's
full attention on Father F'lanagan's refuge and his
boys. Donations pour in, assuring its future and
Father Flanagan dreams of a day when he tis:::
house 5000 boys instead of 500.
—THE ENT) ---