Zurich Herald, 1950-11-30, Page 4ZURICH 014TARIO
ZU�Rl
Th`11`44Y, N.0-VOMher Uth,- 1950
LOCAL NkWS
Air. Herbert S. Wein of DGUIO-it, and the people who borrow it.
for a few weeks,
assured that after long absence he is
And Dox it was hard to -tell wilo would
Mr.. and Mrs. Morley Witmer of
spent last week with his family here. Rising more than $40 -million in a
Mrs. Willial-a 13rinker and Tars
always happy to return, and to sup-
be the 'conqueror, howning, d ) ,
an lark
1e troit visited -sit the )ionic their
YAx and Mrs, Garnet Wildfong-and year, -the bank'-, loans to business,
. alte, Jeffrey of Detroit, left 01
W
ply the current events to the faith-
ing by both alftim,418, likely frarn ltjae,
ibis -ter Mr. and Mrs. Earl Thiel and
family have moved in with her 'mot- governments and individuals 110)y
Sunday for their homes after spend,
ful readers of the St. Josepli and
stinging bites which werebeEgrd frona-
t0er'Telatives, a few days last weeltiller,
stand -at $51218,00-0,000 - the highest
in some time "vith their mother, Mrs
Reavertown News.
afar. But it ,was not all to will the
Mr$. Mary Tieman who is not in year-end figure in its history -- re-
WaTence Charrette, who 'has been ill
Fox Falls Prey
battle. Mr. Ducharime had to act'
Aliv, and Mrs. Wallace Ross and
the best of health. flecting the -growing financial needs
for Some Nveekq.
quick, think quick and walk fast- to
two 'daughter of Seaforth were Sun-
�dw, vasitors -
at the home or their
of business and industry, Deposits
Mr and Mrs. Carl Oestreicher spent
1141 with the 13 of Bf in the "In"s of
The School Concert held on Sun -
day
On Saturday last while Mr J. A.
Apila Ducharme of the Blue Water
each the scene of battle, an d where
oil ohieu might have lost out ba4
raunt and uncle, Mr and Mrs. C. L.
Sunday with 'NIr. anti Mrs Franklyn 1,800 00 customers - have risen to a
aftdriioon and Sunday evening
i the Parish Hall was largely atte d-
- 11
south jolf St. Joseph was wading
it not been for Mr. Ducharxile step-.
Smith,
Zurbrigg in Listowel new high this year, and amount to
ed. Those who took part in differ-
iei
k, deep in snow, towards his back
fild
ping on the ficli tajI to hold him�
Mr -Martin Laub is ill in St, Jos- $1121,062,000,000, an increase of $43,-
ant acts were skillfully instructed to
to open a gate, he let
m with
down, and at the saine tune, ooxTnr
Mr. Theo Haberer, Mr, and Mr.,;.
Ferdinand
epbs Hospital, London, having un- 000,000 isince 1949, It is a very ad-
play their parts entre to them,
what one 'could describe In, very un-
ique
Mojj,Cijj1eu to tily again.. At the same
Haberer, and Mr. and
inirable report and one to *ell be
dergIone -,in operation. His many
and since those concerts are becom-
and at the same time, One
time, Mr. Ducharme had a hammer
Xrs, Jacob Haberer are attending
,the Beekeepers'
'friends liop e for a speedp recovery. proud off.
imig annual 'enjoyments, we say, with
w,.hich verly much took fast action
tucked in one orf his pockets, but not,
annual Convention
St. Joseph and Beaver Town
certainty, that all enjoyed theimqelv-
and presence of mind,
in full access of it, dor it was in tjj;e:
-at Toronto this week,
I nd Mrs Fred Ducliarime 11
ANNUAL REPORT Mr
es*
Mr, Ducharme and his well trained
left pocket. But in the matter
Mr. and Mrs Chris Haist and M3,
'Mrs.
a
BANK OF MONTREAL have returned.. to -their home after I
We Compliment the pupils for their
dog (Mon Ghieu) were palling
through deep snow, towards ant Of
seconds, the hammer waS free froi
the pocket, but with wet mitts on the
and Harry G. Hessand children
,;Pending sonle time visiting their
interest and parts taken so well, and
the back fields to open a gateway for
hand, the hammer slipped under.
had a most lovely birthdav dinner at
's
Passing the half -billion •dollar mark children in Windsor, and Detroit,
we also compliment the Sisters in
the horqea, and as all. thoise little in-
both animals, but by quick thinking,,
the home of the formerdaughters
in its current loans for the first time 311, and Mrs Leonard -Sopi of De-_
charge for their patience, and their
cidents oocurr, of a sudden, his do•g
Mr. Duicharmepicked lip the baminex,
Mr. and Mrs. Gordon Kaitting, at
in its history, the Bank of Montreal troit spent the week -end •with the
scholarly way to make these concerts
by name (Mon Chieu) stopen and in
and with straigh aim a blow on the,
'Goderich.
today publishes its 1950 annual re- former's parents.
a success•
a dog language tried to ahow his
head of the fox, won the battle.,
•
CHRISTMAS SEAL CAMPAIGN
port in a simple, clear form of state- Xiss Goorgin4 Corriveau of Lo -n-
.
In Reply!
master by gesture, and presumeably
was
ment.. In presenting this, it has plo- don was a v
0 visitor with her parents,
Tis last week' -s issue of the Herald
scent, that something was ill the near'
Campaign for the Sale
The 1950 Call
neered this course for six years. The 11
on' the I
a very flattering comment appeared
by so Mon Chien.u, for a moment
The above nieIntioned fox had alp:
,of Christmas Seals will open on the
report aims to inform all 'Canadians, Mr. Cyril Ducharine, Nelson rap
to Islour missing correspondent, of
stoped and again tried to pursuade
ready been a gangster in the Duth-
27th of November, Arrangements
ineau, and Miss Alva Ducharm
and B of .11 customers in particular, e, all
those two neighbouring burgs. Thank
.
his master
r that he was about to make
arnme hen house, and where he 103L -
Piave been made with CXNX Radio
of -the bank's operations in employ- of Windsor spent the week -end with
You,, of late we have been
1 infloirm-
a sudden move tbwards some wild ob-
his- sneeky life, if was perhaps aftel.
Station for %Decial broadcasts as fol-
ing its tvo,billion-dollar reso iiurces,�relatives and friends here.
ad, aven though his wereabouts are
jelct, and so it was, MoInChleu in a
a chicken feast, and so today in this:lows:
Nov. '218, 112.150 p.m. F. Fine-
and it points up the responsible role' Mrs, Josephine Brisson left on
sometimes hard to trace, he had no
twelve foot jump was so -on in a scrap
unique incident, both Mon Chleu MxIi
land, Ti. C. Chairman of the Hurom
of the banker as the man who brings Sundafiyi last to visit her children in
intention of desertinv you ;at least,
with a ]large fox who had )been sound
Mr. Ducharme are w is
a 'worthy of Iya
County Tuberculoriss Association. No -I
together the people who save mo Windsor, and where she will -.remain
not for the present. We are further
asleep. For a moment between dog
for their wild adventure.
verab. 30T,.R 11 a.m., Douglas Sweet
of Exeter, a patient, will be inter -1 .............
viewed by 114iss Margaret Brophy;;
Dec. 5, 12.50, Dr. Aldis, Huron Go.
W 0M
Medical Officer 4of Health; Dec. 121
at IM50, Dr. W. A Beecroft. past
wm
WIN=
President of the Assn. Becau,,,e
there will mot be safficient sealq tol.
X
j:j!
send to eveilyone, if you should not
P4,
f:j:: f I
On,
receive yours through the maihs,will ,
j;
Q
A
0'
-contact you n em,
you kindly
3�
Lions Club, who are arrane-iniz- the
�;C 7 i., Jl
W,
3M
-N,;�-kp� -XN;- 0, -N�
distribution of these Seals a(zain this A
Fgw�,v N
ave vour contribution with,
your Rank and a supplfyi will be ruv-: INK.
..........
R RINI R49
'Im.
/hJEF45
Ann;.
30 '11-*-'
-1ur
ZMA
00
vou. on County.,;
The I
year or le, 3
MOW
Is R MESSM
nished to 0% 06'e e2
Tubercul i . .......... rglteA All
os s Assn, cinntiibutes much
Kk
to your community health. In the i
'first ten months of 1960, it paid for' _�v
the examination at chest clinics
f
O'l -7
COO person-,. Goderich, Winoham,
and Exeter, make a total of fivel
e
Zeaforth, plus new clinics at Clinton IT
r a,
centres and the Countv-all. supported
M
-ou' of the 'Christmas Seal Funds.
V.
N
Clearing
Auction Sale
W611"kine wi-.
. ........ . .
ises, in the Township of Stephen, one i
and Household Effects, on the prem -
T, , vlo
4D.f Real Fistate, Implements, Feed
-
/1
and one-half miles east and two nliles,, zix
..........
veolith of Dashwood, ior two and one- 1
'..."anadi7 a.".1s in every ivalk, uj
half miles wast and two miles north
Of
of Crediton. 'The V dersigned Aue- ..X-X.x
pioneer
-i4ete.tj to, 5t -ll by., This is the money that you and 1,800,60 other To private citizens ... to farmers with sea -
has been imtT
'Public T
Auction, 'on B of M customers have on deposit at our sone) incomes., . to merchants, manufacturers
TUr,,,9DAY, DECEMBER 5th. ;X: men in every
branches across the nation. Through this mo and business. worthwhile line of
y,
ullcing at I O'clop"k- pan. sharpi you are helping to finance hundreds of thou- endeavor ... to municipalities, school boards
17.
Real Estate—C61181's ln� 01 sands of Canadians . from th� fishermen of and governments ... to churches, hospitals and --wnship of Stephen, Newfoundland to the lumbermen all types of public institutions.., hundreds of
-+c uneeasion L,V, I - I who are busy building a better future for them- millions of dollars are being loaned by B of M
100' acres of land on which is Situam-
%ed a two story brick- dwelling and. a selves and for Canada, managers at more than 550 branches from the,
04 cond-1 Atlantic to the Pacific.
.1gotod sized bank, barn in go -V_3 - . . -1
,iitioii, 50 acres of loam tillable 60-11, 11
II oinainder 50 acres of good Today, more people ate saying
Ned
TM and more people are borrowing
bush land, including soiree valuable
le, aluiley at "MY BANK" than ever
iffil,,sjl before. thq sioty of
CANADIANS You wili And
ii -of Rdal gstate�io PLI-Y,eentl TUF .1�1[r •ffllpr lyg& "ll. jollii P IP eflTil J11lap these two billion busy dollars in
OR
W �..:01. - -
asd price �61i d-a�F 6,1, dale; TO the facts and figures that follow...
01 1j.0 fill
lialailce i1i 3,0 Valyls; 'Vii, 4�i ji6s's6lisi-51i i
I . U1
,ffill b wiil if,� salt) 44L
to a reserved -bid,
Harris �ffllliy 111illi
liplenients, —Ilasse,v jif.01
Etc. 54
Ulf p 11-111
11 -hoe drill in good condi
UU!: -i-pig
310T.se Cultivator, ral,
LICCormick
=0'vver, 5 -ft. cut; Maxwell hay1oa(js"r,1
,Tohn Deere manure spreader, Oliver"
bean stuffier and puller, binder, bill-
-der truck, 3 -drum steel roller, 3 -sec-
, -Urn Diamond harrows, 2000-1b. cap.
!es, Chatham fanning mill, com-
0.1n with sieves; cutting box, steel WHAT THE B of M HAS TO MEET ITS OBLIGATIONS: WHAT THE B of M OWES TO OifgthS:
wagon, steel tired wagon, 16CASH: The B of M his cash in its vaults and money DEPOSITS: While many business firms, manufacturers,
ft, ti it rack, disc, 11 -hole drill, 2 on`deposit with the Bank of Canada amounting to $ 223,417,399.97 merchants, farmers and people in every type of bus!.
-ing J;lclws, 3 sets of bob sleighs,
ness have substantial deposits with the B of M, the
h.p. gasoline engine, gravel box, MONEY in the form of notes of, cheques oil, and larger part of the money on deposit with the Bank is
quantity of lumber, hay fork rope,
deposits with other banks
I . . . 150,987,587.73 the savings of well over d million private citizens.
.set of sling ropes, 'hay fork,: good The total of all deposits is . . . . . . $2,062,597,786.097
set of double harness, root pulper, 2 INVESTMENTS: The B of M has over a billion dollars
'llog,ging chains, chop boxes Homer- invested in high-grade government bonds and other OTHER LIABILITIES: Miscellaneous items, represent-
-jou8 carpenter tools, dougleirees, 2 C public securities, which have a ready market. Listed ing mainly commitments undertaken by the Bank
,double barrel shot guns, like new, on the Bank's books at a figure not greater than their on behalf of customers in their foreign and domestic
trade transactions . . . . .
market value, they amount to . . . 1,030,048,602.81 40,43z,&74-53;
Household Effects — Doherty Kit- - - ' -f
The B of M has other investments rel TOTAL Of WHAT THE B of Al OWES ITS DEPOSITORS
4chen range, Battery radio in good presenting j; AND OTHERS . . . . . . . . . . $2,10,%QQ;660,62>.
condition, extension table, kitchen mainly short-term credits to industry. These invest TO rocking chairs, small heater, TO PAY ALL, IT OWES, THE B of M HAS TOTAL RE-
ments are carried at . . . . . . . . 128,050,593-19
gale. tubs, bedroom cot, bedsteads, SOURCES, AS SHOWN ON THE LEFT SIDE OF THIS
drop leaf table, sideboard, chest of CALL LOANS: The B of M has call loans which are STATEMENT, AMOUNTING TO . . . . . . 2,1,90g52Z%368:92,
drawers, 21 rolls of new linoleum, • fully protected by quickly saleable securities. These WHICH MEANS THAT THE B of M HAS RESOURCES,
voll of felt paper, 3 trunks, -wash loans amount to . . . . . . 67,972,396.98 OVER AND ABOVE WHAT IT OWES, AMOUNTING TO 87,498,708.30,
stands, 2 toilet set:,' 4 diningroom
sideboard, 2 kitchen cup- QUICKLY AVAILABLE RESOURCES: The resources listed above,
'boards, large mirror, 2 lanterns, new which can quickly be turned into cash, cover 76%0 of all'that This figure of $87,498,708.30 is made up of money subscribed by, the shareholders,
Yawn'mower, 9M bags of potatoes, the Bank owes to the public. These "quick assets" amount to . $1,602,476,580.68 and, to some extent, of profits which have from time to time been ploughed back into the.
bottle capper, large assortment of business to broaden the Bank's services and, to give added protection, for the depqsit6rs..
dielies, glassware, chinaware, -silver- LOANS: During the year, many millions of dollars
ware, numerous kitchen utensils, have been lent to business and industrial enterprises
erocks, gar -den tools and many other for production of every kind — to farmers, fishermen,
articles too numerous to mention:' and ranchers—to citizens in all walks of EARNINGS —After paying all -overhead expenses, including staff
TERMS—CASH life, and to Provincial and Municipal Governments salaries, bonuses and contributions to the Pension Fund, and after
and School Districts, These loans, now at the .highest making provision for contingencies, and for depreciation of Bank
:Harold Higg;ns, year-end figure in the Bank's history, stand at 528,032,366.17 premises, furniture and equipment, the B of M reports 'earnings
Eileen Iliggin-s, Exticutars of the Es- for the twelve months ended October 31st, 1950, of . . . . $ 9i536,897.69
tate of the Late Reuben Davey, SANK SUI;LDINC-S- In bainlets, -villages, towns and Pfovision for Dominion Income Tax and Provincial Taxes 3,594,600.00
Wilford Mei:per, Clerk. large cities from coast to coast the B of M serves
Alvin Walper, Auctioneer, its customers at more than 550 offices. The value of Leaving Net Earnings of $ • 5,942,827.69
the buildings owned by the Bank, together with J J This amount was distributed as follows:
furniture and equipment, is shown on its books at 18,450,760.31 Dividends to Shareholders . a S, 1,000,000.00
. . ... . . .
Mrs.Koessel -,and family of Lan- OTHER ASSETS: These chiefly represent liabilities of Balance to Profit and Loss Account . 2 342,897.69
Aing Mich customers for commitments made by the Bank on
spebt Thanksgiving -holi-
days with her parents, Vin and Mrs. their behalf, coverillp foreign and domestic trade
John . Itall t z . transactions. . . 41,,569,§6L
'Mr. Kuntz who has been in. failing
-'health for some time Is confined to TOTAL RESOURCES WHICH T14F Atif MHAS To MEET'
Mrs. 8, P Currie was taken to the F A L'
Psis bed, ITS OBLIGATIONS . . . . . . . BAN K 0, MO TRiT.-
hospital tfr,; ambulance early Sunday
*o-rning and underwent a serious op -
oration o i Mo:ida- d W 0 R K I N G WITH C A N A D I A N f I N 11 V 9 R Y WALK, Of L I P t S I N,C 9 1 -8 1 7
si morning,
is tbiQ W11110k
Laralon,•
..... . .... ...