The Huron Expositor, 1951-12-14, Page 21
T Q
w THE HURON PXPOSITOH •
THE HURON EXPO ITOB
Established' 1860
A. Y.1VIeLean, Editor
Published at Seaforth, Ontario, ev-
ery Thursday afternoon by McLean
Bros.
Member of Canadian
Weekly Newspapers
Association.
PHONE 41
Authorized as Second Claes Mail
Post Office Department, Ottawa
SEAFORTH, Friday, December 14
Doctor of the Year
The American Medical Association
recently selected the "Family Doctor
of the year." He is Dr. Albert C.
Yader, of Goshen, Ind., who is 84
years old, and for nearly fifty years
has` practised medicine in the same
town.
If Dr. Yoder is the "Family Doc-
tor of the Year" in the United States,
then surely in Huron County we have
a practising physician who is entitled
to be named "Doctor of' the Year"
for Canada. Perhaps we should go
further than that and say for North
"America.
Dr, John W. S haw, who Iast July
celebrated his ninetieth birthday, be-
gan the practise of medicine in Clin-
ton in 1891. For sixty years he has
continued to look after a large prac-
tice in Clinton and surrounding dis-
trict. Not satisfied to care for the
health of many of the citizens of a
large area, and over so many years,
Dr. Shaw has during his sixty years
in Clinton continued .to take a lead-
ing part in every community activ-
ity. At ninety he is just as interest-
ed in the problems and the people
of Clinton as he was thirty or forty
years ago.
We are satified there will be noth-
ing but approval if we nominate Dr.
Shaw as "Doctor of the Year," and
extend to him best wishes for con-
tinued service to his community.
•
Where Food Production
Is Most Needed
One of the most important inter-
national agencies established under
the United Nations—the Food and
Agriculture Organization — is at-
tempting to find practical means of
increasing farm output in the under-
nourished countries of the world.
One aspect of the wide problem of.
how to increase over-alI food supplies
in such areas, that of the immediate
improvement in farm output, is con-
cerning F.A.O.
In his report laid before the sixth
F.A.O. conference recently in session
at Rome, Mr. Norris Dodd, director-
general of the organization, pointed
to this disturbing fact:
Food production has risen mater-
ially since the war, but most of the
increase has been in the countries
that were already high producers.
Though total world production (in-
cluding fish) is now some nine per
cent greater than the average in the
five-year period 1934-38, the number
of people is 12 per cent greater.
One obvious difficulty is that food
supplies are not evenly distributed.
Those populations which were well
fed before the war have as much to-
day as they had then, or more. Most
of those who were hungry then are
at least as hungry as ever.
On the production side, it is esti-
mated that ..total output on all foods
in North America in 1950-51 was 150
per cent of the pre-war period 1934-
38; in Latin America, 120 per cent;
in Africa and the Near East, 119 per
cent; in Oceania, 108 per cent; in the
Far East, 98 per cent; and in Europe
(excluding Russia) 95 per cent. Such
comparisons do not tell the whole
story by any means. Moreover, they
are not related to need. One conclu-
sion to be drawn is that, even leav-
ing growth of population out of ac-
count, the Far East is making no
headway at all.
Mr. Dodd has now proposed that
F.A.O. should embark 'on a ten-year
program to stimulate food produc-
tion in' the Far East and all other
Ianderveloped regions. He believes it
should set its sights on a 15 per cent
increase for the five-year period end-
ing in 195$ and a further 20 per cent
for the next fire years. These pro-
posals thus call for a total food pro-
duction increase for the ten-year per-
iod of some 35 per cent above 1952-
53 levels in the underdeveloped reg-
ions.
Mr. Dodd's suggestions involve sev-
eral steps, of which the most import-
ant is that there must be a great ex-
pansion of agricultural extension:
services designed eventually to reach
every community. No program of
this kind is of any use unless it be
put into effect at the farm level.
�t wilI not be enough to show
farmers in the backward areas what
modern techniques can accomplish.
Nor will it be enough to awaken their
interest to the point where they are
willing to make the prodigious effort
required—it amounts to an agricul-
turaI revolution. Before there can
be real results, these farmers must
be provided with modern equipment.
In turn, the countries concerned must
be helped to supply it. This is a task
which will engage North America
and other industrialized regions for
many years, if the aims of greatly ex-
panded food production elsewhere
are to be realized.
•
Canada's Future
The London Times is not a news-
paper easily given to extravagant or
careless statements. On the contrary,
it has a world-wide reputation for
careful, consistent opinion. In a re-
cent comment on Canada The Times
remarkel: "It would not be exces-
sively daring to speculate whether,
in the distant future, Canada may
not rival the United States as her
still undeveloped resources exceed
those of the republic as markedly as
her present population falls short."
This may on the surface appear to
many Canadians to be a friendly ex-
aggeration. At the same time, Cana-
dians often are given to understat-
ing their own achievements and who
are a people too occupied with today's
trees to properly see the forest of to-
morrow. To the end that the Times
impartial comment may have the re-
sult of drawing the attention of Can-
adians to the country's potentialities,
it is a valuable statement. There is
little doubt that the future of Can-
ada as one of the world's greatest
states is barely appreciated by many
of its citizens as yet.
What Other Papers Say:
Irritating and Dangerous
(Port. Arthur News -Chronicle)
One of the most irritating things
for the pedestrian is the motor driver
who approaches a red dight at a speed
which indicates no intention to stop
and tren jams on his brakes only in
time to 'block the way for the pedes-
trian who is trying to use the cross
walk with the green light in)is fav-
or. It is an experience not infre-
quent but almost common.
•
Careless Hunters
(Winnipeg Free Press)
The dismay of farmers and other
rural citizens when the deer hunting
seasons opens can be readily under-
stood. Every year there seems to be
a "lunatic fringe" among hunters
who violate all the rules of good
sportsmanship and cause endless an-
noyance to farmers and the game
authorities.
The sad fact seems to be that some
are not to be trusted with guns in
their hands. They make no proper
attempt to identify targets, but seem
to blaze away whenever they see
something moving, killing livestock
and endangering the lives of every
human in the surrounding area.
Every year brings its quota of
woundings and killings of humans by
irresponsible persons who do not
seem to realize the danger of a high-
power rifle when carelessly handled.
It may well be that stiffer penalties
for violation of the game laws should
be put on the statute books, It seems
evident also that law enforcemen
agencies have tended to be overly
lenient in these affairs. Admittedly
it is hard to police hunters operating
over wide areas of the province in
the shooting season. But some stiff
penalties imposed where more flag-
rant game violations are discovered
would Work to curb irresponsible be-
havior among hunters/
Alberta -A Debtless Province
(By R. J. Deachman)
The Province of Alberta is pros-
perous. Providehce gave it a hand-
out. In the old days when I lived
there it had its spasms of tough
times. Let me say this for it, de-
spite hard times, dry- seasons, oc-
casional frosts and other difficul-
ties, it kept a stiff upper ap and
always hung up the sign, "Next
year will be the best year yet,"
and generally was!
These ebullient feelings never
died. There was something in the
atmosphere which kept things go-
ing. It was not alone in the char-
acter of'the people, nor yet wholly
in bhe climate. True, the air was
vibrant. Then if you palled your
cap down over your ears, shaded
Your nose with your mitts, braced
yourself against the cold, you
warmed up as yon marched along,
convinced always, that this was the
best of all possible worlds. The
only ones. who didn't speak well of
Alberta right from the start were
those who thought that sunshine al-
ways meant heat and warmth and
that nipped ears were quite impos-
sible under an Alberta sun — it
wasn't. so_
Now there's something else in
Alberta whicb gives the dweller in
the land of the Chinook a new vi-
sion. Premier Manning suggests
that by good government—he may
be thinking of his own government
—it is not impossible that Alberta,
most blessed of all provinces, per-
haps of all the countries in the
world, may reach the time when it
will have no debts, no taxes. Pub-
lish it net in the East — they
wouldn't believe it, but it may be
true.
Is this possible? Yes! Nowhere
else in the. world, so far as I know
could one look forward with any
certainty to such a hope, but in the
sunshine province there is nothing
which lies outside the boundaries
of the possible. It is, however,
limited to provincial taxes. It
would be foolish to contend that
Ottawa would lift the federal in-
come fax now applied to Alberta.
There are certain taxes which are
in their nature punitive. They are
a form of punishment imposed by
governments upon the people, im-
posed to make them wiser—if that
be possible—or at least give us a
sign—not from heaven, but fro
the state to indicate that if we
wish to do wilful things the state
will fax up for our indulgence. We
Pay the price and get it without a
Iabel on the bottle telling us to go
in peace and sin no more.
1 am not entirely in favor of
the idea of the abolition of all tax-
es. I am a believer in free enter-
prise. I believe also that there are
things which the state can do more
efficiently than private capital—
not many, but a few. Take for in-
stanee afforestation. The individ-
ual cannot be expected to carry out
a program of that kind—neither can
the corporation. It is something
for the future—not for the day af-
ter tomorrow. It is a work which
the Government of Alberta can do
and finance the costs. It is the cre-
ation of an asset of tremendous fu-
ture value. The harvest will be
reaped by our grandchildren. Of
course, I do not mean by this that
Alberta, if it started on a good-
sized program of afforestation
should hire its own men and do it's
metra planting. That work shoald be
Iet by tender to competent contrac-
tors. There is no more satisfac-
tory way.
Now what about the debt? The
debt of Alberta is now so low that
it constitutes no particular burden
to the people. It may the well for
a time at least, to let it float, leav-
ing surpluses to be used for con-
structive purposes. What does this
mean? I have given one example,
the planting of trees over large
areas, other which might be men-
tioned are flood protection—Cal-
gary had considerable trouble from
floods years ago but that problem
has now been solved. Then there
is fire Protection for the forest
areas of the foothills. New tourist
resorts can be developed as popu-
lation grows. The existence of a
small debt is not an important
matter when we have something to
show for it. Money invested in
such items as I have mentioned
will be permanent assets of the
province, increasing its resources,
making it every year a richer and
more lovely province in which to
live.
I would like to see the Province
of Alberta, where I lived for a
good many years, treated as a
great corporation would treat it if
it were the owner. The value of
every resource would be taken in-
to consideration. The object would
be to expand these resources as a
great natural asset to be develop-
ed, to be conserved, to :be husband-
ed for future owners so that year
by year it would yield more while
earning good money for those who
owned, it. The object of the Gov-
ernment of Alberta under these
conditions should be to leave the
province every year richer and bet-
ter than it was in the previous
year. What higher ideal could any
government have?
Selecting Swine Breeding Stock Water is as important as fer-
tility for growing crops so it is
essential .to hold it where it •falls.
Experiments at the Laboratory,
says Mr. Sisal, show that an inch
of rainfall on a bare clay or loam
soil reduces the infiltration rate to
approximately one-third of an inch
au hour. If the rainfall is of great-
er intensity than this, the excess
will become the runoff water. This
runoff becomes very high during
an intense rain, and is capable of
carrying a great load of soil with
consequent severe erosion.
Nature's answer is a cushion of
organic matter of plants or dead
undercomposed plant material.
This breaks the force of the fall-
ing raindrops and no soil is lost,
but the water gently finds its way
into the subsoil for storage and fu-
ture use by growing crops.
The simplest way to save the
soil and. hold the rain where it
falls is to protect the surface of
the soil from the force of the rain-
drops with a suitable plant or
straw mulch cover.
Selecting sw ne breet�ing stock is
a year-rot,.nd job. It is one railing
Lor plann,ng, observations, records,
and finall;; the selection of animals
w-hioh will maintain or improve the
performau,.ce of the swine herd.
Experiments at the Dominion Ex-
perimental Station, Lacombe, sow
that. performance of litter mates is
a sound basis for selection for car-
cass quality. The individual ani-
mals must 'be physically sound,
have good length, depth and bone,
and, if' gilts, good teats: and should
be from the best performing lit-
ters.
Litter size and thrift at weaning,
feed efficiency and carcass quality
are the three main factors determ-
ining profit from swine.
The first profits from swine come
from large thrifty litters, points out
J. S. Stotha.rt, Aanimal' Husband-
man at the Station, and so the gilts
going into the herd should be from
a large thrifty litter, from a sow
which repeatedly farrows large
thrifty litters and raises them be-
cause she is a good milker and a
good mother. The gilt herself
should have at least 12 and pre-
ferably 14 well spaced, functional
/ teats. She should be checked care-
fully to see that she has no blind
teats.
Next, the extra profits from
,win are from pigs which convert
fee nto gain efficienci. Some
pigs • ill gain 100 pounds on from
350 ,to 400 pounds of feed while
others take 450 t� 500 pounds to
make the same gain. Obviously,
the former is the more profitable.
Rate of gain is important but main-
ly in its association with lower
feed consumption. Fast gaining
pigs are generally the most econ-
omical pigs. The task, and here is
where a few simple records taken
throughout the year will help, is
to select boars and gilts from lit-
ters which gain at a satisfactory
rate on a low consumption of feed.
Finally, says Mr. Stothart,'the
real profits from swine are from
pigs which combine litter size and
feed efficiency with carcass qual-
ity. Carcass quality commands the
top market price and comes from
pigs of good length without excess
back fat; pigs• with light shoulders
and full meaty hams and loins.
The breeding, stock which will im-
prove performance and increase
profits, therefore, should be select-
ed from large thrifty litters of
good feeding, high grading pigs, as
indicated by Advanced Registry
testa, and carcass grading results.
4x 4
Save the Soil
Beneficial effects of rain are well
known, but soil damage from the
force of failing raindrops is often
overlooked.
The weight of water failing on
an acre of land in an inch of rain
is nearly 110 tons, points out Fred-
erick Bisal, of the Swift Current
Soil Research Laboratory, and the
drops striping bare soil, splash
about 22.5 tons of clay or loam
soil.
Drying -Out in Frozen Foods
Improperly packaged food pro-
ducts, especially meat, poultry and
.fish, are subject to serious desic-
cation (drying -out) in the freezer.
This lessens the food value and
"fresh" appearance of the product.
In extreme leases freezer -burn re-
sults, and the product ibeeomes
brown in color and woody in tex-
ture. In meat and poultry products
the fat underneath the dried out
areas becomes oxidized and rancid.
The protein becomes permanently
dehydrated and the tissue tough
and dry.
The underlying cause, of desicca-
tion is the humidity of the air in
the freezer.room, says A. W. Moyle
of the Fruit and Vegetable Pro-
ducts Laboratory, Sumimerland, B.
C. Air has a normal moisture hold-
ing capacity; that of warm air be-
ing greater than that of cold, The
frozen product and the air in ciose
proximity to it, is relatively warm-
er than the air in surface contact
with the freezing coifs. Thins, the
circulating air absorbs moisture
from the frozen product and depos-
its it on the coils or plates, in the
form of frost. This continuous
cycle, over a period of months, can
result in considerable moisture
loss.
Proper packaging can do much
to lessen desiccation. A poorly
packaged product may lose weight
in excess of three per cent over a
12 -month storage period at zero. A
heavy wax coating on the miter
and inner surfaces of the contain-
er, or coated cellophane will con-
trol oiatugle loss to one per cent
or les.
Desiccation has a more marked
effect on some foods than on eth-
ers, In frozen fruits, eapeelally
syrup packs, It is negligible and
does not seriously affect quality.
Experiments conducted at the Sum-
merland Experimental Station in-
dicate, however,' that it is import -
(Continued an Page 7)
Years 1Sgon
Aoxie•
Interesting Items Picked From
The Huron Expositor of Twen-
ty-five and Fifty Years Ago
From The Huron Expositor
December 17, 1926
Arnold and Clifford iColelough, of
Constance, •chipped a fine baby ibeaf,,
to Toronto with Mr. Charles Mc-
Gregor, the U,F.O. shipper, last
Saturday. It was not quite a year
old and weighed 900 pounds in Sea -
forth and was sold for '101/c a
pound, topping the market that day.
Mr. Alfred Taylor and Mr. H. C.
Soldan, of Hensel', have returned
from quite' an extended trip and
visit to Chicago and several places
in the States.
The pony contest which has been
run by Seaforth merchants for sev-
eral weeks, closed Saturday even-
ing, when Miss Jean Dungey, daugh-
ter of Mr. and Mrs. Chas. Dungey,
was found to have the greatest
number of votes, and was decided
the winner.
Mr. and Mrs. Dan Shanahan left
this week for Southern Pines,
North 'Carolina, where they will
spend the winter.
The firm of W. G. Hess & Sons,
jewellers and electricians, Zurich,
is now composed of harry 0. Hess
and Albert G. Hess. Mr. W. G.
Hess, the senior member in the
firm, has retired.
Mr. Chas. Lockwood, who has
been barbering in Hensall for a
short time, has removed to Brus-
sels. He has purchased a fine busi-
ness with good premises.
Mr. Austin Matherson, who has
been engaged in Hamilton for the
past summer, •has returned to his
hone in Tuckersmith.
The bazaar of Carmel Church,
Hensall, was held in the Town Hall
with a satisfying success. The re-
ceipts amounted to $2'80.
•
From The Huron Expositor
December 13, 1901
Miss 'Minnie Cummings, of W.
Pickard & Co.'s millinery establish-
ment, Seaforth, suffered severe and
painful burns Saturday night. She
was washing a pair of gloves with
gasoline when the gasoline explod-
ed and her hands on which she
had the gloves, were severely burn-
ed. Her brother was also badly
burned in his endeavors to put out
the flames.
Mr. Archibald Somerville, near
Winthrop, delivered a load of lambs
in town to George Dorrance, which
weighed over 150 pounds each.
Miss Agnes Hays, daughter of
Thos. E. Hays, has been re-engag-
ed for a third term as teacher in
the Midland school, at an increase
in salary.
Mrs. Jas. McMichael, of Goderich
St., received recently from ,her
nephef, Mr. Geo. W. Laidlaw, who
is practising dentistry in Queens-
land, New Zealand, a most unique
and interesting Christmas gift, in
the form of several large emu eggs.
This bird, which is a native of New
Zealand, is a rare specimen and the
eggs are a curiosity, even in that
country.
Mr. 11. Smith, of Springhurst
Stock Farm, Hay, carried off the
prize for Shorthorn steer and first
for two-year:old heifer at the Fat
Stock Show at Guelph this week.
Alexander and Wm. Turnbull, of
Farquhar, are both busily engaged
getting material on the ground for
the rebuilding of their barns. •
DECEMBER 14, 1951 '
Seen in the Comity Papers '
Is Wardenship Candidate
The township hall in Morris
TowneAhip was comfortably filled on
Friday afternoon for the annual
nomination meeting, when alt mun-
icipal officials received an accla-
mation, even though some resigna-
tions were recorded, and one ne
face will appear at the counc
table next year, while there will
two new men on the Townshi
School Area Board. Reeve Harve
Johnston is a wardenship cand
date.—Blyth Standard.
Shop Teacher Former Winghamit
Kenneth Jackson,' of the Brac
bridge Collegiate Institute, and fo
merly of Wingham, :has been en
gaged as shop teacher at the Li
towel District High School, wit
duties to commence January 3. H
will replace George Merritt, wh
leaves at the end of the year fo
Brampton, where he has been en
gaged to teach shop. A graduate of
the University of Toronto, he has
taught at Bracebridge for the past
two years. - Wingham Advance -
Times.
ling at the airport's edge from)
"Which aerial traffic officers will be
able to see the entire airfield and
regulate its traffic. Three squad-
rons of flight cadets. will visit and
tour the station Saturday. Two,
squadrons will be flown in Prone
w Windsor and another will come by
11 bus from Sarnia. These youth are
bey all collegiate students in the ear -
p cadet corps.—Exeter Times -Advo--
Cate.
I- Santa Claus Thrills Youngsters
About 2,000 children and as many
e adults, lined the main street onl.
Friday afternoon to see a colorful
e- parade of fairy-tale characters on
r- floats. Local school children took.
part in the parade. All schools ire;
s- this area were closed to permit
h children to attend the event, which
e was made possible by donations -
from the business people of Clin-
r ton. The parade included Cinderel-
la, Humpty-Dumpty, Hickory Dick-
ery Dock, Jack the Giant Killer, St.
George and the Dragon, Old Lady
Who Lived in the Shoe, and other
Mother Goose characters. Mrs,
Santa Claus was there in :her beau-
tiful red velvet gown and white -
hair and of course Santa 'Claus,'
himself. There' was a treat for.
every boy and' girl present, and:
everyone had a wonderful dey.—
Clinton Citizen's News.
Nurse Resigns
Huron County Health Unit Board
meeting in Clinton Thursday last,
accepted with regret the resigna-
tion of Miss Rhea Desjardins, staff
nurse For Clinton and district. Miss
Desjsrdins is Ieaving to work for
the City of Sudbury, Department of
Health, A replacement will be
sought. No word has been receiv-
ed by the board of a replacement
for Dr. J. D. Moynan, public health
veterinarian, who left in July. The
secret vy3' was instructed to contact
au%;horrities regarding the delay.—
Clinton News -Record.
Had Birthday Party
A very inteersting event took
place at the home of Mr. and Mrs.
James Parkins on Wednesday af-
ternoon in honor of their daughter
Sandra's eighth birthday, when , ev
eral little girls were invited to help
celebrate this grand birthday par-
ty. A delicious supper was served,
the table being centred with the
birthday cake made by Mrs.
Herb Mousseau, Sandra's grandma.
Games, along with a lot of fun,
soon brought the party to a close
as it was bedtime before anyone
realized it. We join in wishing
Sandra many more such happy oc-
casions.—Zurich Herald. ' '..
Two Car Accidents
Hitting a soft shoulder on the
8th concession road of Colborne
Township on Saturday afternoon,
caused a car driven by Peter Lan-
ett, R.R. 1, Clinton, to roll over
several times, resulting in $300.00
damage to the car. Tho driver was
uninjured. At midnight on Satur-
day, a dump truck, driven by Gor-
don Nelson, of Clinton, hit a soft
shoulder of the road,. on the Cut
Line of Goderich to*nship and
turned over, causing $500 damage
to the vehicle, Nelson suffered
minor face and head injuries. Pro-
vincial Constable Donald Trumbley-
investigated both accisents.—Gode
rich Signal -Star.
R.C.A.F. Buildings Near Completion
The $4,000,000 building program
at R.C.A.F. Station, Centralia, is
well underway. A huge supply
building to house the thousands of
articles needed by the station is
nearing completion, as are barracks
for officers and airmen. The skele-
ton of a new control tower is ris-
Holds Auction For Building Fund
More than 1500 petiple visited
MacKay Hall on Saturdae after-
noon and evening to purchase a
total of 635 articles at the auction.'
sale held by the Mens' Club of
Knox Church in aid of the building•'
fund for the new church. The sale/
netted $1,251.50... Auctioneer Ed.
Elliott, Clinton, worked without rel.
muneration from 1:30 to 5 in the
-
afternoon and from 7 until almost
11 o'clock in the evening, knock-
ing down such items of value, don-
ated by church members, as: a
power chain saw that went for $145
and an antique French clock of
blue china for $27.50. Buyers of
antiques from as far away as Sea-
forth and Teeswater attended the*,
sale and purchased a number of
articles. Probably one of the' most:
appreciated donations to the :sale'
was a water -color painting of the;
elevator by Philip Carter Johnson;
architect of the new church. The
picture was purchased by R. M..
Menzies of Purity FIour Mills.—
Goderich Signal -Star.
Present Show At County Home=
On Friday evening the members
of Pride of Huron Rebekah Lodgei
entertained their husbands. and
Odd Fellows and their wives att a
euchre party in the lodge rooms: -
Twenty tables were in play. Mrs..
Earl Dixon and Frank Taylor won.:
the prizes for high, scores. Mrs.
William Webster and Clark Fisher
were lone -hand prize winners. A'
short program followed the games,.
after which lunch and social hour
.was enjoyed. On Monday night'
about thirty-five members of tae'
Rebekah Lodge visited the Huron:
County Home and presented a var-
iety program. Garnet Hicks acted'
as chairman and also entertained
with his guitar and Mrs. Earl Dix-
on played piano selections. Earl:
Campbell played violin selections,.
Solos were sung by Mrs. William
Cann and Frank Taylor and: read-
ings given by Mrs. William Stone.
and Helen Smith. Treats were left'
with Mrs. Jacob for distribution to
the residents of the home.—Exeter
Times -Advocate.
Capital $?,000,000
The
DOMINION BANK
Condensed Statement as at 31st October, 1951,.
ASSETS
Cash on Rand and in Banks, including Bank of Canada
Government and Other Securities
Call Loans
Total Quick Assets
Commercial Loans and Discounts
Bank Premises
Liabilities of Customers under Letters of Credit, Acceptances and
Sundry Other Assets.
LIABILITIES
Deposits
Deposits by Other Banks
Letters of Credit, Acceptances and Sundry Other LIabilities
Total Liabilities to the Public
Ceipital Paid Up
Reserve Fund
Undivided Profits
$ 7,000,000.
11,000,000.
840,447. 18,840,447.
$ 94,170;910.
115,497,748.
14,941,628.
$224,610,286.
210,726,434.
7,517,956*
15,478;650a
$458,333,3.2.6,
$409,550,746.
13,952,547.
15,989,586.
$439,492,879.
PROFIT AND LOSS ACCOUNT
Profits for the year ended 31st October, 1931, after making appropria-
tions to Contingency Reserves, out of which full provision
for bad and doubtful debts has been made
Pa wI fon for depredation of Bank Prefnises
Provision for Dominion and Provincial Taxes
DMdenda'^s,t the rate of ben per cent per annum
Dividends— •
Provision for Extra Distribution -20c per share
asottat Carried Forward
nee of Profit and Loss Account, 31st October, 1950
lyianes of Profit and Lobe Account, 31st October, 1 •••
951..sameemem►.w
ROBERT RAE,
President
$458,333,326.,
3.920.444.
561,382.
1,190,000.
700.000.
140,000.
329,064.
511,303.
$40.447.
A. C. ASHFORThL,
General Manager
•