HomeMy WebLinkAboutZurich Herald, 1947-11-27, Page 1:Esfablished .190E
yr.
ZURICH, ONTARI
THURSDAY MOOTING, TING, NOVEMBER 27 19 47
CHESTER L. SMITH, PUBLIS.
$1.50 a • Year in Advance
$1.75 in U.S., in Advance.
For
you
Christ
s
Are You Suffering From
Headaches?
:iif so, Have your Eyes Ess mored with
.the Latest Methods and Equipment at
A. L. COLE, R.O.
OPTOMETRIST & OPTICIAN
GODERICH — ONT.
.Good Glasses at Reasonable Prices
ARTHUR FRASER
Income Tax Reports
Bookkeeping Service, Etc.
EXETER
OFFICE: ---Corner Ann, William. Sts.
Phone: Exeter 355W.
Zurich Beauty Shop
THE HOME OF THE BETTER OIL
PERMANENTS
The Better Oil Permanents Applied
with the very latest of methods and
Equipment.
GIVE US A CALL!
Phone 153 dor your Appointments.
DOREEN S0HmBE—Zurich
+++++++4404.4e4+++++++++++++ 4.4.44+++++++++++++++++++++44
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anrg ofintal funra1 )0111e
Private Car Ambulance Service for the Conveyance
of Sick and Injured e Licensed Embalmer and
Funeral Director.
MEMBER OF THE ONTARIO FUNERAL ASSOCIATION
DAY OR NIGHT TELEPHONE Ni. 70
ashwood
Ontario
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When you are 100 arg 'flap gods 'things to eat
sure and visit our Store, as we always maintain to
have a good stock of Fresh Groceries alw .ys on
hand, although some lines are at times hard to get,
yet we do our best to purchase our supplies from
the leading supply houses... ranges, Lemons, and
Grape Fruits in season; Canned Goods, and mann;
other lines we offer at very moderate prices...
Visit Our Store and Be Convinced
ono ' esch Z4 i.rich.
PRODUCE WANTED.
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Phone 165
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N T E
IS JUST AHEAD
NOW IS THE 'TIME TO GET YOUR
HEAVY CLOTHING. WE HAVE IT
FOR MEN, LADIES, BOYS AND GIRLS.
A GOOD ASSORTMENT OF JACKETS,
SWEATERS ETC., AT THE OLD PRICES
BE SURE AND SEE THEM/
FRESH FRUITS AND VEGETABLES
EACH WEEK.
Phone 1 C. H. THIEL Zurich
in see Ya
r Looa],
ANNUAL REPORT
Montreal, November 24 — Again
this year, following a practice it or-
igionated, the Bank of Montreal has
come forward with a well -illustrated
easily understandable bank statem-
ent for the benefit of its more than
1,500,000 depositors. Unique among
bank statements, the report, which
covers the 130th year. of the B of
M's career, can be read with com-
plete understanding by ;everyone.
In the explanation of "the facts
behind the figures", the bank em-
phasizes that money deposited does
not lie idle, but works constantly for
the building of the nation.
"Here is the money that makes
the wheels of commerce turn," the
report points out. "Here is sae mon-
ey that helps the farmer garner his
crops .. that helps the lumberman
buy equipment and pay his men.
Here are the dollars that enable the
bank to make more than 50.0 person-
al loans every business -day of the
year to men and Women who need
money to meet emergencies and take
advantage- of opportunities."'
The statement is also brightened
considerably by the addition of lit-
tle thumbnail sketches throughout,
and the use of simple, everyc:ay lan-
gauge in place of the more formal
financial terms usually found in
bank reports. For example, bank as-
sets are referred to as "What .theB
of M Has to Meet its Obligations",
while liabilities are simply "What the
B of M owes to Others." Likewise,-
the
ikewise,the explanatory notes under each -
Had Holidays
The 'scholars had a few holidays
last week, as Thursday the schools
were closed on account of tee Royal
Wedding, then there was a teachers'
convention at Goderich, at which the
teachers attended, and what a break
for the kiddies, not hearing the
school bell for a few days.
Injured by Horse
. Mr. 'Wm, Decker met with a pain-
ful accident one day last week while
bedding a horse) who became rright-
ened and kicked Mr. Decker in the
face, also . bruising his chest and
arm.' Luckily other members of the
family heard the unusual commotion
and came to his rescue. His friends
wish him a speedy recovery.
RED CROSS NEWS
A shipment of Red Cross Yarn
.has. been received and any one in-
terested in the same may call at the
home of Mrs. David Ducharme.
Knitted articles needed are soakers
for babies, sweaters and knee socks
and scarfs for 6 year old children.
,IKindly give us a helping hand and
it, will be greatly appreciated.
Black Bear Lands Here
,11�tousseau's Garage was a. very
exciting place one day last week
when...the hunters returned with the
"Big,;:Black Bear" which was shot ois
NLanitoulin Island. This will help
to .keep the meat situation supplied,•
sub -heading are clear and to the asethey tell 'us good bear steaks are
point... fire' choice and tasty, and we agree
With ,most of us that we would
mac ' sootier tackle a steak, than the
omni ;at bear itself, especially when
they, come the: size of this one:;
Fifth Generation'
;people ;have: the nnique
DEPOSITS AT NEW HIGH
Deposits of• $1,783,000,000 again
^Set . an all=tirne high, .. showing an in-
crease *of
n-cease*of g47,009',Q0a over the pm- r
viOata year and demonstrating the • M1?
,
a Ta n .which ti nadiai?s a
Paring 'to •rime ie �ti
loll. .
This statement of Canada's senior
financial institution reflects the gen-
eral trend of business activity throu-
ghout the country. For example,
commercial loans increased by 39
percent, denoting the nation's ex-
panding peacetime production. The
financing of this expansion has been
acconlpaniod by a reduction or hold-
ings of government and other public
securities;., which now stand at .957-
000,000.
Heightened industrial acerritty bro-
ught about by the increasing pro-.
duction of peacetime goods found
the bank participating to a much
greater extent in commercial finan-
cing, with holdings of industrial
• ?Oaf aJ;;
five" gene3ations,. biat this %appy oc
casion' - lies come to,. Mrs, Victoria
Denonmthe of to:cvIT,. who. at, the- birth
of a son last Friday to. Mt. and Mrs
Lennis '-Regier, or Exeter, `became
the great, great. grandma ,of this in-
fant. The generations are: Mr,
Frank Denomme, of the 14th . con.,
Hay, a son of Miss'.. Victoria Den-
omine, his daughter, Mrs. Peter Rea-
ler, and her son, Mr: Lennis Regier,
and now baby- boy Regfer. We hope
the aged lady will' som1: day have the
honor of seeing her great, great
grandson.
Had Anniversary
On Saturday evening• a most enjoy-
able time was spent at the home of
Mr. and Mrs. Kano. Hartman of the
bonds` and debentures increased from ii Goshen Line south, on the • aacasion
$56,000,000 in 1946 e $96,000. 1 of the latter's parents,. Mr. and Mrs.
000 for the year ending October 31 Fred E. Ducharme, of tIxe B. W. H.,
their 44th wedding. anniversary. A
1947. -
Enlargement of the Bank's facilit- very delicious chicken supper was
les through the construction of new i served with all their children and
branches and the renovation of prem i grandchildren, 37 in all, being pros-
ises in various parts of -Canada is. eat. The evening was spent in card
manifested in a substantial rise in playing, games and songs. An address
the value of its premises which at was given by their youngest son,
$13.000,000, has increased by neat i mads by an-othheer so presentationille.was
Other
ly three million dollars.
All of then factors add up to give speeches were also given. Mr. and
the iban'k' record-breaking resources Mrs. Ducharme replied gratefully,
of $1,898,000,000. This figure e ebkindness gthemand thoryhmuy much
for Theyetheir
eds its obligations to the public
all returned to their homes wishing
$51,079,000. a the coutile of 44 vears young the
very best of health and good wishes
Graphic Earnings Statement.
Another innovation in the report for many more years of happy wed -
is the earnings statement which glee.' dt•d fife..
es in detail - down to the fraction of 1 Lions Club News
the cent - the distribution made of,
the ye'ar's earnings in relation to the The Lingo and Dance on Friday
shareholders' invested dollar.
After paying all overhead expens- evening put on by the local Lioos
es, 'including staff salaries, bonuses, Club brought. out a goodly number
and contributions to the pension! of people.
fund, and after making provision Plans for the immediate -building
for contingencies, and ffurrniture aud1of an before0.pen air rink at the business session of crithe,
ion of bank premises,
equipment, the Ii of M report' farn- {- night
Hi ] teld Lions Club of 41
eClbdiia' d
ings for the year amounting r
$9,579,285. To provide for Domin- vided their own entertainment at Oh::
ion and 'Provincial taxes, the batik meeting. The roll call was answered
AA1ti(;.00n leaving i+ t by each member giving the date of
earnings of $5,423;285, compare 1 hi>; Iii th. Ono member was abliged
with $4,487,7812 last year. Of this to t: ntcirtain with a comic number
$3,600.000 was distributed to lyre because his ..birthday fell nearest to
holders w,ith the balance of '1,823,- the date of the meeting. This he car-
285 transferred to the profit. and los. ried etc Iut tilsi a crl bdie tabl t uesm e ithe 17<i`-
ar.caunt.
On'each dollar of the .harellalrl- field Lions Club at the Rist calmer
era' mon ,y invested in the ihuik of meeting in Ilecember. Ladies' night
Montreal. the bank earned 11.81 . is' scheduled for December 17th.
cent:;, in 1.947. Of this, 5,12 cents',Bachelor Lions have boen warned
wore paid in taxer, 4.42 .cents wrist; that unlet,
they have a better hiil•1^
to shareholders, and the iemainrng,,with them at this
llmeetngthe ego,
2,20 .cents w:'nt to surplus. ing" will lle. 00.0.for
e
NEW SHIPMENT
JUST ARRIVED
ALSO 32 -PIECE
BREAKFAST SETS
FROM $9.95 UP.
VERY SMART DESIGNS
A G. HESS
Jeweler and Registered
Optician.
�Jb
or Positive Identification
of the World's Finest
Anthracite ask for
BLUE COAL
Miller Creek Coals
Roe Farms Milling Co.:
Vitimized Feeds
- W. . t" . DAVIDSON
Pone' .10 - Hensel/
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t lerat 4101#
Licensed Embalmer and. Funeral' Director
Private Car Ambulance Service
Hospital. Bed and Wheelchair for Rent
FLOWERS FOR ALL OCCASIONS
Day and Night Service
-
° ries 89; - , or 22, Zitric}
f
Ward Fritz
SAB ES
Wm. McAdams
SERVICE
SPECIALLY
TRAINED
MECHANICS
SPECIALLY
•
DESIGNED TOOLS
AND EQUIPMENT
FACTORY ENGINEERED AND
INSPECTED PARTS
GOODYEAR, DOMINION AND DUNLOP TIRES
EXIDE AND PRESTO -LITE BATTERIES
WELDING AND GENERAL REPAIRING
epi$''6�""'�•m�...�......«,v.?'�&i2s`�,aa�a`� °�.m'�'''�.+.n*": S.w1..e�lni; "rx� m._.=.~_:-s'ne`ur'.;,:aaiS�"a�:w,'�.'aF�1`.S' etiR.`�+'It
m� i
.�1 11 i t¢ o r a ]i
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WE HAVE A LIMITED STOCK OF MEN'S
OVERALLS, WORK PANTS AND SHIRTS
PENMAN'S PREFERED AND PENMAN'S
RIBBED WOOL UNDERWEAR
Take advantage of our New Low Prices on Fire-
stone Tires and Tubes,.. also have Firestone Auto
Batteries
GOOD SUPPLY OF PEDLAR WATER BUCKETS
A Good Line of Patened Medicines on hand always
WWI&
Edmund Swartzentruber, Prop. Phone: 1 t -97
411
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