HomeMy WebLinkAboutZurich Herald, 1933-01-19, Page 7f
Royal Stink ofCanada.
Bad Attacks of Flu
In Strong Liquid d Position
knr ual Statement Shows Total at $765,512,920 — Liquid
Assets at $355,929,915 and Equal to 52.86 Per Cent. of
Total Liabilities to the Public—Included in Them Are
Cash Holdings of $164,630,724, Equal to Over 24 Per
Cent. of Public Liabilities —' Savings Deposits Hold X3p.
iri Satisfactory Manner.
Shareholders of The Royal Bank of
Canada will have reason to be grati-
fied at the strong statement that is
being forwarded to them for the fis-
cal year to November 30th,
In line with the reports issued by
the larger banks Total Assets, due to
the less active business conditions,
are (town moderately from the pre-
erious year. On thea• other hand there
has been a substantial increase in the
holdings of Government and Muni-
cipal Bonds, • with the result that
Liquid Assets have increased to 52.86
per cent. of public liabilities.
A i'urther feature of the Liqu'd
Assets is represented by the holdings
of Cash, which now aggregate as
much as $164,630,724, and are equal
to over 24 per cent. of publi: liabili-
ties.
Profits for the year, as was to be
expected, show a slight recession due
to theme general trade conditions and
the lower interest rates that have pre-
vailed in reserve centres, but after
making full allowance for all bad and
doubtful debts, and providing for cost
of management, they were amply suf-
ficient to permit of the payment of
dividends and the usual appropria-
tions, as also to allow of a further
contribution to Profit and Loss Ac-
count.
STRONG LIQUID POSITION.•
The statement which appeared
In a recent issue shows Total
Assets of $765,712,920. Of this
amount, liquid assets amount to the
large sum of $355,929,915, equal Lo
52.86%of all liabilities to the public.
Cash holdings, aggregating $164,630,-
724 and forming one of the striking
features of the report, represent over
24% of liabilities to the public.
Dominion and Provincial Govern-
ment securities are $89,448,844, com-
pared. with $85,473,058 at the end of
the previous year, and Canadian
municipal securities and British, for-
eign and colonial public securities
$26,750,444, up from $24,641,816,
The various loan accounts reflect
current business conditions, and are
down substantially from the previous
year. Commercial loans now stand
at $360,562,286, against $419,345,043,
while call loans in Canada have been
reduced to $28,951,263 from $39,137,-
268 and call loans elsewhere to $36,-
400,142 •from $37,3.56,111. Reducec,
import and export trade account for
the seduction in Letters of Credit to
$20,092,951 from $28,966,5C,6.
DEPOSITS AT SATISFA.CTO;R'!
LEVEL.
Deposits • have been well maintain-
ed. Total deposits at $619,094,143
show a reduction for the year' of less
thar- 7%, from $664,7:95,716• Savings
deposits made a very gratifying
showing, and at $468,39. ,153 are
down less than $8,000,000. In view of
the large Government leans floated
during the year, the total would indi-
cate a tendency amo.rg depositors to
keep ample cash balances and to add
steadily to their savings. Non-interest
deposits, which in the main are the
working balances of business and
farming customers, reflect the cux-
taiiment of trade activity. and lower
prices, being down to $19.8,983,165
from $170,913,903.
Shareholders will .e interested in
seeing that the reduction in loan ac-
counts has more than offset the re-
duction 4n commercial deposits. At
the same time, the strong liquid posi-
tion means that just as soon as trade
recovers the bank is in a position to
take care of tl.e increased require-
ments of its customers.
Ea::nings have held up well, espe-
cially in view of the lessened business
activity and •the lower interest rates
at reserve centres. Profits for the
year were $4,861,849, compared with
$5,448,327. They fully covered divi-
dend requirements of $3,850,000; con-
tribution to Officers' Pension Fund,
$200,000; apprupriation for bank
premises, $200,000; and reserve for
Dominion Government taxes, $600,000.
For a number of years the bank
has carried an unusually large am-
ount of undivided profits. This year
the directors have authorised a trans-
fer of $3,000,000 of '•his amount to
investment depreciation reserve. This
will be regarded as a conservative
.nova;, strengthening as it does the
in aer reserves of the bank to this ex-
tent and leaving $1,166,954 to be car-
ried forward to credit of Profit and
Loss Account.
The annual general meeting; of the
shareholders will be held at the. Head
Office of the Bank in Montreal, on
Thursday, Janua:y 12.
Settlement Work Lauded
Toronto.—The most permanent and
'`enistructive relief work now being
carried on in Canada is the back -to -
the -land movement In northern On-
tario, in. the opinion of Hon. W. A.
Gordon, Dominion Minister of Mines,
and Hon. William Finlayson, Ontario
Minister of Mines.
"The value of the back -to -the -land
movement in the development of Nor-
thern Ontario cannot be estimated,"
according to Hon. Mr. Finlayson.
Administered by an authoritative
committee, the movement is being car-
ried out in a most thorough fashion.
Pitfalls encountered in previous at-
tempts are being avoided by careful
selection of lands in the upper and.
lower clay belts. The farms are cho-
sen for their fertility and most are
-near railways, churches and schools.
Where a farm is more than three
miles from a school, correspondence
courses are supplied the children.
Lecturer (who hse spoken for two
hours): "I shall not keep you much
longer. I am afraid I have spoken at
rather great length. There is no clock
in the room, and I must apologize for
not having a watch with me." A Voice:
"There's a calendar behind you, mis-�
ter!"
Mother—"You were very naughty to
disobey hie, and 1 have punished you
to impress it on your mind." Son—
"Mummie, aren't you mistaken in re-
gard to the position of my mind?"
+ Do You Know? +
.. �:;::•}?:;•:;•<$"•::5;:��:a.�Y::•>::..`::::::;"s4.i•.;i:•:•.S:tai``;:::5;;;<n".:`<{4;'r;:Yg.:R::•s':•:aR':•::;:�Fn :a: q^,:y``.}:;�.
ra5earo0600.0. S.N.0 own x0xowooaaxsvw.
That In the big , g rain elevators at Montreal there is a machlh,A:
that can pick up a loaded freight ear, and tossing it about as though Tt
Wert a to empty it of its grain in less than a minute/ The yllat.A--
. iA aaph s1lbwe a freight oar being unloaded 'by one of these maehi,
The unloading record of one of these machines ie three titans in f
' inuteee
E. M. Ward Finds. Wonderful Pick -
Me -Up in Dr. Williams' Pink Pills
"I have had at.
tacks of the 'flu'
frequently since
1919, and some,
times very bad at-
V!telity, tacks, but always
when on the road
to recovery 1 take
Dr. Williams' Pink Pills and 1 find
them a wonderful pick-me-up."
So writes D. M. Ward, Saskatoon,
Sask., who further states: "1; would
recommend Dr, Williams' Pink Pills
to all sufferers from that rundown,
listless feeling. 1 have taken the
Pills on many occasions, and they
seem to tone up my blood wonder-
fully. I have been anaemic for years,
and arid, that, when 1 get rundown,
after taking several boxes of Dr. Wil-
liams' Pink Pills the color cornea
back to my cheeks and 1 have won-
derful vitality."
Dr, Williams' Pink Pills rebuild
health by creating new blood and in-
creasing the red blood cells which: re-
store the wasted tissues and revital-
ize the exhausted system. They re-
move the cause of rundown or nerv-
ous • conditions. Try them. At your
druggist's. 50e a package.
Brings
Wonderful
Owl La%s
A Toast '
Here's to the man who plans things—
Builds things—makes things;
Who prates not of wondersof old,
Nor gloats overancestral gold,
But takes off his coat and takes hold
And does things!
No matter how seriously a mau is
injured, on the way to the hospital he
has the satisfaction of knowing he
soon will be getting along as well as
can be expected,
Visite, suppose thatyour home
town is u..., of those where everyone
goes down to meet the train?".
Village Wag—"What train?"
Cynical Cynthia thinks' it's too bad
so many people give up dancing after
they're married. That's about the
only time they ever put their arms
around each other.
1
2
12__x...
15
22
31
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38
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OUR CROSS -WORD PUZZLE
3
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26
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57
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Horizontal
1—Biblical character
4—To fasten
,ll—Proverb
12—Collection of facts
18—Boat
14 -Girl's name
15—Sentence construc-
tion
17—To spread out
19—Goddess of discord
21—French article
22—To climb
25—Father
27 American island
31—Warm
32—Lessened
3 —Latin conjunction
Because
Vase
Preposition
--To decide
Through
2—Slender
?—Asiatic ox
Balancing the Budget
Teacher—"We borrowed our num-
erals from the Arabs, our calendar
from the Romans, and our banking
from the Italians. Can anyone think
of other examples?"
Charlie—"Our lawn -mower from the
Smiths, our phonograph from the
Browns, and a pair of steps from Miss
Evans."
Here are some answers from. ;exam-
ination papers of school children:.
A man who marries twice eom-mite
bigotry.
In Christianity a man may have only
one wife; that is called monotony.
A spinster is a bachelor's wife.
A skeleton is a man with his inside
out, and outside off.
Give Her Some Catnip
.Mrs. Gabb—"So your husband ob-
jects to cats."
Mrs. Stabb—"Yes, indeed. He says
that I feed all the cats in the neigh-
borhood. Won't you stay .and have
tea?"
Figs of Thistles
"Your methods of cultivation are
hopelessly out of date," said theyout
ful agricultural college graduate to
the old farmer. "Why, I'd be astonish-
ed if you got ten pounds of apples
from that tree."
"So would I," replied the farmer.
"it's a pear tree."
A writer says that golfers are rare-
ly moved by scenery. But how those
golfers can move the scenery.
Some girls wouldn't mind having a
wedding ring on their finger. It's the
thought of having a man on their
hands.
Teacher—"Who can name one im-
portant thing we have now that we
did not have 100 years ago?"
Student—"Me."
Credit's due the man who discover-
ed that the only person who makes a
success running other people down Is
the elevator boy; and we' can guaran-
tee that he runs more people up than
down,
Mr. Newlywed---' Is the steak ready
now, dear?"
Mrs. Newlywed—"I'm sorry I'm so
long, George dear, but It looked hope-
less grilled, and it doesn't look much
When Teething
"I Lind BABY'S OWN TABLETS ex-
cellent for fevered, restless children
when cutting teeth, as they ease the
guns and enable -the babies to sleep",
writes Mrs. S. C. Smith, Carp Ont.
Cres:, fretful, distressed little folks ate
ode baplcy and Comfortable by like
re y' ,act 1i of BABY'S OWX
S..a
tb �b�r .Ci
the
e
ett,aCe tab1a as0lul SAFE
tie Tablets
for the relief of Co1di,
lie:; Consti atioA b disc dl r,1
19fotnaeli. Safety etttbaiitee iiClatb
28:1tit package.
Wlillents'
eABY'S OWN TABLET
ISSUE No, 2 '33
44—Trunk
45—Above
47—To appoint
49—Refrain
53 -Strong
57—Manner
58—Attends
60—Part of "to be"
61—Favorite
62 Unmetered writing I
63—Animal's foot
Vertical
1—Holds
2—Some
3—Aide
4—Mark
5—Art of mounting
6—Enclosed
7—Fish
8—To fall •
9—An East Indian tim-
ber tree
10—Racket
11—Manner
16—Number
63
18—Nut
20—Pouch
22—Shelters
23—Inn
24—Pronoun
26—Topers
28 Pronoun
29—Chewing plant
30—To worship
32—Beetle
33—Rather
35—Bone
39—Musical note
40—Scottish for John.
41 River in Italy
44—To solicit
46—Shoe
48—To ponder
49—Top
50—To hasten
51—Remainder
52—Title
54—Opening
55—Age
56—Moisture
59—Negative
NSIv'ER TO LAST WEED'S
PUZZLE
IBL QUT
COARSE
h I M B A R E N A
.EBB SCENT P
E L ACHED 'T R
Z E S T R E I, S H I
THIS SPIN
S C Q O P C A A 1f T
TARS CLOT S
ANY CRAVE
P
IT SUEDE T.A
N:�-w g L,S�-' le 41" G'E E
`EALS STEEL
better fried), but if you 11 be patient a
little longer is see what boiling does
to it" u
SPEAR
PURSED
G
0
A
D
1
G
N
E
E
A
0
w
E
Encore:
The fellow who starts out like a
house afire usually ends up a smould-
eriing ruin. No battle ever looks as
hopeless as from the rear. Things
don't seem half as expensive when
yogi; can charge them. The ability to
sa' a makes the difference between
poterty and wealth. Adversity made
out{ ancestors great, but the greatness
de+eloped in process of licking it.
Tittle may be the "great healer," but
it's# `certainly no great shakes as a
beail„ty specialist.
T A PAIN AT 78
She Feels Like 48
Aches and pains are not inevitable
in old age. When they do come, there
Is always a cause for them—a cause
that canbe overcome. Here is a
woman of 78:—
"For
the last five years 1 have takes
Kruschen Salts and I tell you truth-
fully I could not Iive without them.
I am 78 years old. I have not a pain
in my body, and I feel as young as I
did at 48. I give the credit to ICrus
ohen Salts. No one will believe my
'age."—(Mrs.) C. M.
Most people grow old long before
their time because they neglect one
vitalttneed of health — the need for
internal ;cleanliness. Eventually they
start,; the healthy Kruschen habit.
Then, probably for the first time in
their lives, they start getting rid every
day of all waste matter from thesys-
tem. And almost immediately they
feel energetic and happy. In a word,
they've got that famous "Kruschen
Feeling."
"In These Our Winter Days"
In these our winter days
Death's Iron tongue is glib
Numbing with fear all fish. upon
A fiery -hearted globe,
An ago once green Is buried,
Numbered the hours of light
Blood -ted across the snow our Hun
Still trails his faint reatreat.
Spring through death's iron guard
Har million b1Met'E aha11 thrust;
Loy 4httt was Sleeping, not Ittiact,
%lirpw off the nightmare unfit
E'ee, theugl. not ours, shall dee
Alcy'9alt;h at iignta Same,
The Oh returned fe power rebore
*tad, but :not t91s *AMC
O. Thy TATA', its The Specta*.
Amusing Anecdotes
Of Famous People
Sir James Barrie has divulged the
secret that during his schooldays in
Dumfries, Scotland, he was writing
his first novel.
"It was a very cynical work," he
says, entitled, 'A Child of Nature'—
she was not really that kind. A long
thing -100,000 words. A year or so
aog I came upon the manuscript and,
you will be relieved to hear,, -gently
tore- it up lis£ iii case it should fall
into the wrong hands, you know,"
What a pity!
st
* 4. *.
Apropos Violet Hunt's recent book,
"The Wife bf Rossetti," Ellen Terry
tells an amusing story in her auto-
biography "Ellen Terry's Memoirs."
It involves Dante Gabriel Rossetti and
his devotion to Mrs. "Janie" Morris
(wife of William Morris), an English
beauty with the spiritual, ethereal
look which the Pre-Raphaelites loved,
When anyone was the object of Ros-
setti's devotion, Ellen Terry says,
there was no extravagant length to
which he would not go in demonstrat-
ing it. He bought a white bull because
,it had "eyes like Janie Morris," and
tethered it on the lawn of his house
in Chelsea. Soon there was no lawn
left—only the bull! Rossetti invited
people to meet it, and heaped favors
onit until it kicked everything to
pieces, when he reluctantly had to get
rid of it.
* 9, 4'*
Flashes of wit and wisdom from a
lecture by John- Galsworthy on "Six
Great Novelists Seen in Profile":
"The English novel, from `Clarissa
Hariowe' to 'Ulysses/ has allowed it-
self a good deal of self-indulgence,
It often goes to bed drunk."
"Anatole France's whip was the
most effective ever wielded. His vic
tins stilldo not know they are dead.
They read him still and call hire
'Maitre'."
* * 4' 4'
Still flashing:
"The bird modernity has had a good
run about the farmyard. Given the
war, it was an inevitable goose. And
am I wrong in feeling that the goose
is being cooked?"
"In these days our personalities are
controlled by our glands. If we have
too much pituitary we are artists;
too much thyroid, moralist—or vies
versa."
Mr. Galsworthy's six novelists
were Dickens, Conrad, Turgeniet,
Tolstoy, Maupassant and Anatole
France.
In John Drinkweeter's "Life" of
Charles Janes Fox—eminent states -
Man who espoused the cause of the
American colonists at the time of the
,Wax of Independence—is an amusing
story told about Lord North, British
Dime Minister and Fox's political
foe. An acquaintance, asking North
"who that extremely plain woman
w&ss," recedved, the reply;
"My -wife, sir."
* * * -
With a desperate feint his interro-
gator explained that she Reve by no
means the lady he Meant, but the one
on her right.
"That, air," continued 1tosth, "is
ally daughter, and we are Sella to 'be
three of the ugliest people iii. London,"
Classified Advertising
N OFIe.ER TO EV11.1l'tZ 1NVI "!T011,,.
List of wanted inventions and .ulj
Wort -nation sent; free, The Ramsay Jam..
parry, World Patent Attor,•.'S•e. 275 tiariit
Street, Ottawa, Canaria
LUMBAGO
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,• win relieve the worst cases of
Lumbago. Try it and be convinced, Deo
and :$1.00 prepaid, tlalleghe Rernedies,
Peterborough, Ont.
WINTER TERM
from Jan. Srd. Shaw Business Schools
of Toronto. Secretarial, Accounting,
Stenographic Courses. Personal At-
tention. Assistance to employment
from Special Office Practir:e Bureau.
Catalogue free,' Address W. II. haw,
Pres., flay -Charles '31dg., Uept. A.
On the night of June 25, 1906,.Al-
bert Payson Terhune—then a report-
er on the old "New York World," no a
famous for his dog ,stories—wus cov-
ering the opening of "Manize.18
Champagne," a new musical comely
at Madison Square Roof Garden, ^n
New York. It was his good luck iaas.
a newspaper man) to be .sitting al-
most next to Stanford White r•1,:1 he
was shot by Harry K. Thaw.
"In one second," says Frederick 1.,
Collins (in "Glamorous Sinners"- a
story of the Thaw case,) "he realized
what had happened and he was preaa
tically the only witness to the whoa:
affair.
"The audience was in a,. uproar.
Terhune raced out, looked f.» aphone, couldn't find one on the roof
garden floor, and chased down tna
stairs to the floor below where a,1
ordinary, dance was in sway. There
was one telephone across the 4loor.
It caught his eye and he rushed eye]:
to it, sal, eking dancers right :tad Yeft.
Terhuue is about six feet and butt
like a coach's dream of a tackle.
"The bocth, of tour,;., was occupicc.
Terhune stood there for one second
and heard a clan, not a very large
man, saying, 'Yes, Tessin,' (in '?.3
years he has been unable to forst
that her name was Tessie), `No, Tes-
sie. Stop your kidding, Tessi
k t *
"Terhune washed the dee. • a t the
booth open and yelled to the man in-
side, `I am a newspaper man. Th 22c
has been a murder upstairs, an 1 t
want to get my paper rigle; away.'
"The man slammed the door in Ter•-
hune's face and went on talking.
" (Tessie,. dear, there is a rough
newspaper man here who wants to
get in, but I won't let him. Nothing's
going to stop talking
to my
Cn e
-
sie.
"Nothing, perhaps, out Teihune.
* * *
'Teri one • pushed the- door open;
chucked Tessie's boy friend out, and
called the `World.' He began to tell
the story to the rewrite man when he
noticed the man he pushed out of the
booth corning at him with a knife. He
was a small man and it was a small
knife. Terhune was a hunter, and
used to big hien and big knives. He
kept trying to push the fellow invay
while dictating. At this stage, he
realized. that ;.he man with the knife
was not attacking him, bu„ trying to
cut the telephone wire. But Terhune
kept him away and finished the story.
Next week he got a ten -dollar bonus,
not a ten -dollar raise."
"Animals do not know what it is to
be superstitious," declares a clergy-
man. But we have yet to hear of the,
mouse that will pass a white cat on
the stairs on a Friday.
FREEMusic
Lessons
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• '37 YONGE ST., - TORoxiTO
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Let it hells itr*l too. Liquid or term
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