The Exeter Times-Advocate, 1946-11-28, Page 8*
Page 8
New serial story
*/(&
*
I
98,358,231.24
5,512,707.50
1,099,728,432.17 23,003,885.74
1,764,729,301.59
1,843,985,587.4056^22^26.42
59,391,558.13
$1,506,188,301.24
4,487,782.91
301,659,974.44
3,420,000.00
1,067,782.91
10,575,688.13
25,561,623.59
3,000,OOO.QP
$1,843,985,587.40
CASH.. . The B of M has cash in its vaults and money on deposit
with the Bank of Canada amounting to ..... .
MONEY in the form of notes of, cheques on, and deposits with
other banks..........................
INVESTMENTS: The B of M has well over one billion dollars in
vested in high-grade government bonds and other public securities,
which have a ready market. Listed on the Bank’s books at a figure
not greater than their market value, they amount to .
The B of M has other bonds, debentures and stocks, representing
to some extent the extension of credit to industrial enterprises for
reconversion from wartimp to peacetime production, and for ex
pansion of productive facilities in established field* valued at
no more than the market price, they amount to .... .
OTHER ASSETS: These chiefly represent liabilities of customers
for commitments made by the Bank on their behalf, covering
foreign arid domestic trade transactions, totalling $21,538,615.59.
BANK BUILDINGS: In hamlets, villages, towns and large cities
from coast to coast the B of -M serves its customers at 498 offices.
The value of the buildings owned by the Bank, together with fur
niture and equipment, is shown on its books at . . .
CALL LOANS: The B of M has call loans which are fully protected
by quickly saleable securities. These loans amount to . . .
QUICKLY AVAILABLE RESOURCES: The resources listed above,
all of which can quickly be turned into cash, cover 85.35% of all
that the Bank owes to the public. These "quick assets" amount to
TOTAL RESOURCES WHICH THE B of M‘ HAS TO MEET
ITS OBLIGATIONS *■ . . . .< . * . . ♦
3,188,502.90
4,256,285.81
r
THE TIMES-APVQCATE, EXETER, ONTARIO, THURSDAY MORNING, NOVEMBER 28th, 1946
* Voodoo Moon’
by Joseph Chadwick
The .story thus far: June Vernon
is at her desk in the Trans-Union
Oil Co. offices in Puerto Blanco,
working late to get out the payroll
when she hear? ft sound outside in
the darkness. She nervously swit
ches off her desk lamp, hoping
thus to conceal herself, hut
next moment the dooi* opens
a bulky figure moves into
room. June tries to get away
•the man grabs her, an;d in the en
suing scuffle she ibites him on the
arm, drawing blood,
weakens his* grip and June gets
away. She finds Forbes, one of the
company engineers, and returns to
the office, but by then the intrudei*
has gone. Nothing is missing, but
they find a Cuban cigarette stub
and a burlap bag in the office—
and a drop of blood on the floor.
Driving June into town later,
Forbes asks her why she isn’t with
Scott Agnew at the party at Ren
dezvous Cay, and when she evades
him he suggests that perhaps the
prowler had come to the office for
her.
the
and
the
hut
The pain
CHAPTER II
Across the haribor, at
Blanco, the blackout was
hearted thing. Toward the
Puerto
a half
sea, the
town presented a black face hut to
leeward there were neon signs and
bright windows. Tonight the water
front was aglow.
Forbes said, “There’s a ship in.”
“The S.S. Aurora,” June Vernon
told him.
“Word gets around fast.”
“I know the wife of the Ameri
can consul.”
“Oh,”
[Forbes turned the station wagon
off the shore road into the Calle
Martinez. They dr-ove at a fast clip
through the ramshackle native sec
tion, and then the street broadened
out somewhat. Near midtown, they
were halted at an intersection by
a dusky traffic policeman in a
faded khaki uniform. He held the
station wagon there while a strag
gling file of men crossed the Cale
Martinez,
June, noticed that one oif the
group had paused on the curb to
light a cigarette. A khaki duffle
bag was slung over his left shoul
der. His clothes were khaki, too,
but he wasn’t a soldier. He wore a
battered felt hat at a cocky angle.
He was a tall, lean man and except
for the .stubble of -beard on his face
he was attractive. Glaringly Ameri
can, -and a virile type. He took the
lighted cigarette from his lips. He
was grinning, his eyes on June
Vernon, as traffic stopped them in
front of him.
“Where in Puerto Blanco,” he
said, “does a man meet girls like
you?”
June laughed, and said, "You
might try th’e Casa Rita,” and by
then the station wagon was moving
again.
Forbes turned into a dark nar
row street and stopped the car be
fore the house June pointed out.
He leaned back and lighted a cig
arette, and in the flickering glow
of the match his* leathery
frowning.
He said, “It’s probably
any business, but are you
are all right?”
“Quite all right,” June
“I’ve gotten
face was
none of
sure you
told him,
over my scare.” Her
eyes moved away. “I know what
you’re thinking but it isn’t so. That
man didn’t break into the refinery
to—to harm me. He was after
something else, perhaps money or
some company papers. He must
have .been.”
“If I did the right thing, I’d go’
to Rendezvous Cay and report what
happened myself.”
“Why don’t you? You were in
vited to the’party You could go
with me.” She turned and smiled
>at him. “Wouldn’t you like to take
me to a party?”
.Forbes grinned and said, Don’t
put ideas into an old man’s head.”
He opened the door for her and
June thanked him for bringing her
home and got out. June .hesitated
a moment, then as Forbes’ car dis
appeared she walked rapidly—'back
toward the Calle Martinez. Reach
ing the street she could see the
Casa Rita’s neon sign three blocks
away.~ It was brightly red....
Jim Britten had become a part
of the group of newly landed sol
diers and workmen through accid
ent. He had come ashore from the
Jamaican Negro’s fishing boat just
as the group marched
quay where the freighter
«ed. He was on his- way
;and so he trailed along.
He had paid off the boy, saying,
cruise, The
forget we
. wagon. The name was: Trans-
Union Oil Company.
The girt (had said, laughing,
“You might try the Casa Rita/’
The Casa Rita boasted the big”
■ gest neon sign in town, Jim Britten
couldn’t have missed the place had
he tried- It was a Puerto Blanco
version of an American night club.
There was ft small mirrored tfoyer,
then the main room spread out in
a confused jumble. There was a
crowded bar, innumerable small
tables', a five-piece orchestra and
couples were dancing listlessly in
a cramped space at the room’s far
end.
An unoccupied table stood over
by the left wall, and Jim made his
way to jt. None of the attendants
objected to his not being present
able, so he put his bag beneath the
table and sat down. A swarthy
waiter came, .and he ordered a
daiquiri.. Big-bladed ceiling fans
out of a past era revolved lazily
overhead, swirling the blue haze of
tobacco smoke that hung over the
room like a cloud. The orchestra
played loudly, and voices made a
swelling hum of sound. Finally, the
lights dimming, the floor show
started. A blonde in a red gown
stood in the glare of a spotlight
and sang of love. Jim divided his
attention between the singer and
the room’s entrance and he felt his
nerves tighten up when he saw the
polieman coine in.
It was an inspector of the island
police; a grizzled, red-faced, gray-
mustached man who looked like an
ex-top sergeant.
For an instant, Jim Britten won
dered how the .police hdd gotten on
on him wondered what ^mistake he
had made. But then the inspector
tucked the little cane, a
stick, he carried under his
turned and marched out of
Rita. Jim drew a relieved
The station wagon girl
a minute or two later. She was a
taller, and prettier girl than he had
expected, and the picture she made
standing in indecision at the en
trance registered on his mind as on
a photographic film. She wore a
white linen dress with a bit of
green here and there, -and her hair
was a tawny blonde. She
sculpted features, wide gray eyes,
and a pouting look about her
mouth. Men other than Jim Britten
became aware of her, and a little
clamor arose as some soldiers en
thusiastically invited her to join
them. The girt smiled faintly and
her searching glance finally found
■ Jim. He stood up at once -and he
pulled out a chair for her saying,
“Hello, hello,” in an easy offhand
manner as though there was noth
ing odd about their meeting.
The girl said, “Hello,” and slip
ped into the chair. She still wore
that forced smile.
Jim sat down. "Something to
drink?”
“Thank you. Just order me any
thing.”
“A martini?”
“That would be nice.”
Jim caught the waiter’s eye and
gave the order. He turned back >to
the girt, an.fl her smile was gone;
she was watching him intently. Jim
was acutely aware of his rough
clothes, of -his need of a shave, and
>he was glad that he at least had
rolled down his shirt sleeves. His
coat, rolled into a ball, was packed
in his duffelbag.
He said, V‘I didn’t really think
you’d come.”
“You wanted me to, didn’t you?”
“Naturally, else I wouldn’t have
asked where girls like you 'are
found. But you were with a man.”
“He is a fellow-employee.”
“At Trans-Union?”
“Yes. He’s engineer there. I do
clerical work.”
“It’s as odd as it is nice,, finding
someone like you in Puerto Blanco.
Do you really belong here? You
don’t sound British/’
“I’m American,
here quite a while-
My .father was-
slight break in
also
She
look.
swaggei*
arm and
the Casa
Ibreath.
came in.
liad
"but" I’ve lived
■off and on
—” There was a
her voice. “—was
by Trans-Union.”
another searching
arrived tonight?”
CLANDEBOYE W. I.
Womens Institute meeting was
held at the home of Mrs. Arthur
Hodgins with Mrs. Frank Hardy
presiding. Scripture lesson was
read by Mrs. Rupert Williams.
Mrs. Roy McRann reviewed cur
rent events. A paper QU historical
research, was prepared by .Mrs. Ek
Dewis. Reports were given on the
Western Ontario Area Convention.
Mrs, Andy Carter won the contest
HARPLEY
Mr* Wm. Brow attended
Royal Winter Fair in Toronto
Week.
Nurse Helen Love, of Dondon,
spent the week-end with her par-
ents, Mr. and Mrs. Wm, Love.
Mr. Fred Shettler, of Buffalo,
who has been, spending a . few
weeks ut the home of Mr. Bigin
Webb on the b. Line, returned to
his home this week.
I HU MA N
people in ev y of
prise b0"°of one of these
from th R an expert
was Mr- • servlce with baker, who, afte a
thC nOrhoValebakeryagain.
small wholesale he
Lacking * _ obtained a
came to the B of M, ing
”°d
_T" ^BuseBotMlo»“s
the
last
Mr, and. Mrs* J* Carruthers spent
Sunday evening at the home* of Mr.
George Hodgins at Cedar Swamp,
Mr, and Mrs, C, K. Love celebra
ted their wedding .anniversary with
guests present from Parkhill,’ Lon
don and Grand Bend. ' ** ’
Mr* and Mrs, Robt. Pesjardine
'moved to •their new home on the
Mollard Pine last week.
’ Mr. and Mrs, Verne Ridley and
Mr. and Mrs. Howard Desjardine
bpent Friday evening with Mr. and
Little Dorothy had ft bright yel
low canary at home and one day
she went out tq a Mother’s Club meeting with her mother* in -the
room Wris a cage containing a pair
of green parakeets. Dorothy kept
looking at them, and presently -she
asked: “Mummy, what’s the mat
ter with those canaries? Aren’t
they ripe?”
’Mrs, Orval Farrell on tlie Mollard
Line.
Newsprint Going Up
Newsprint, the raw material
from which this newspaper ia
made nnd goes into the manufact
ure of counter .check books and
many other Hues has advanced in
price three tiines within the past
five months, In Jupe Newsprint
prices were .advanced $9.00 per
ton; in August prices advanced
$7.00 per ton and in October the
advance in price was ? 10.00 per
ton.'
fi’om the
was dook
in to town
'“Well, it was a nice
extra money ig for you to
<ever made it.”
So he picked up his
Weht ashore and he came
hundred-odd men from
(He walked alohg with them and he
could tell by their eagerness and
lighthearted talk that this was the
first they had been overseas. Jim
could have told them how dull they
Were going to find it. He had vis
ited a lot Of tro-pic islands like San
Cristobal.
Then at
Watched the
at the girt in the station wagon.
He paused and looked her over
while lighting one of Bob’s vile
cigarettes. He wasn't sure that
this Was the girt but he could See
tile name oh the side of the station
hag and
upon the
the ship.
the! intrii’sectiOft he
men wave and whistle
employed
gave him
“You just
Yes. Just when, you saw me on
the Calle Martinez.” He paused,
then, added: “With the men off the
freighter.”
It was all very casual....too cas
ual. Jim Britten knew a man didn’t
pick up a girl like this so easily.
He felt increasingly uneasy; he re
membered the police inspector who
had looked him over and that, Com
bined with the girl’s friendliness,
made him wonder if he had ibeen as
clever 'as he thought.
“I want to be sure of you.” 'She
folded her arms before her on the
table and leaned forward. Her
voice was softer, hut tenSe. “And
now that I am sure of you, I have
an offer to make you. Would you
like to make this really a date?”
Jim looked squarely at her, and
her eyes seemed full of promises.
He felt hiri ‘pulse quicken. He nod
ded, and said. “I’m more man than
mouse, il hope.” He Wasn’t being
clever now, or even cautious,
Next Weeks Jim Britten makes a
Serious mistake*
"I hofte you
ing while yon
“Not at all,
I can heat the
don't mind my eat-
smoke?'
madam, as long as
orchestra/''
behind
BofM Personal Loans helped
no less than 157,020 people
during the past year—people
like Mr. A. L. T., who needed
money to help him finish con
structing his own home. He
gat three B of M Personal
Loans, totalling more than
$600, over a period of 18
months, and he has paid
them off regularly in monthly
instalments. Now his home
is in fine shape and the loans
are repaid. Interest cost of
loans: $32.53.
Over 500 people from every
walk of life come to the B of
M every business day to
borrow for personal needs.
Banking is not the mysterious business
some people are inclined to think it. In
its fundamentals, it no more complex
than any other type of business.
The chief difference is that, instead of
dealing in goods, your bank deals in
money . . , money which belongs mainly
to you and to the many other Canadians
who deposit their funds with the bank.
At the B of M, for instance, well over a
million people have placed on deposit close
to one and three-quarter billion dollars,
This money doesn’t stand idle ... it
works to earn its keep.
This is why, as you will see here, some
of the dollars left at the B of M are lent
to merchants, businessmen and manufac
turers to assist them in their operations,
while others are used to finance the needs
of governments. Some enable farmers to
improve their farms, buy machinery and
market crops. Many others go out to help
citizens in their day-to-day financing —
in meeting emergencies and in taking
advantage of opportunities.
The sum total of all these transactions
makes interesting reading, not so much on
account of the figures themselves, but
because of the human stories behind them.
At the close of the B of M’s business year, it seems
a good thing for these dollars to shoW what they have
been doing and for the Bank to report on the trans
actions which it has undertaken for its customers from
coast to coast.
Farmers all across the Domi
nion use theB of M to finance
their needs in buying seed,
cattie and machinery—in
marketing crops-and in im-
proving their farms generally,
his means more,prosperous
farming communities — and
bigger agricultural produc
tion to meet the urgent needs
of a hungry world.
Typical of these go-ahead
farmers is Mr. R. B. L„ who
wanted to clear and break 50
acres on his farm. The job
would cost $325, but his
ready cash amounted to only
$125. With the aid of a B of
M farm improvement loan of
$200, he completed the job
and has considerably in-
creased the production and
profits from his farm
To municipalities, school dis-
^icts and governments, the
B of Mis constantly lending
money for undertakings’that
benefit the whole community.
Take the case of an Ontario
town, which—to pay for a
new sewage system-was
selling debentures amounting
to $305,000. The Bank of
Montreal bought 44 % of the
issue, a total of $134,000,
which is now being used by
the town to complete the
undertaking.
Many municipalities use the
B of M’s facilities to finance
community improvements
and to handle their financial
transactions generally.
If you are a B of M depositor,
then it may be your money
which assisted Mr. P. R. B.
to buy his bakery—which
helped Mr. A. L. T. finish
constructing his home—
which enabled Farmer R. B;
L. to make his farm more pro
fitable—and which helped
finance the new sewage sys
tem for the Ontario town;
That working money of yours
is part of $1,700,000,000
which well over a million
Canadians have deposited at
498 B ofM branches from
coast to coast. Each one of
the 1,531,658 B ofM deposit
accounts is an expression of
trust in Canada’s first-estab
lished bank, which has been
working with Canadians in
every walk of life for 129 years;
WHAT THE B of M HAS IN RESOURCES TO MEJET ITS OBLIGATIONS:
LOANS: During the year, many millions of dollars have been lent
to business and industrial enterprises for production of every
kind, including housing and construction — to farmers, fisher
men, lumbermen and ranchers — to citizens ih all walks of life, and
to Provincial and Municipal Governments and School Districts.
These loans now amount to .... ....................................
WHAT THE B of M OWES TO OTHERS
DEPOSITS: While many business firms, manufacturers, merchants,
farmers and people in every type of business have large deposits
with the B of M, the bulk of the money on deposit with the
Bank is the savings of more than a million private citizens. The
total of all deposits is......................................................................
BANK NOTES: B of M bills in circulation,, which are payable on
presentation, amount to...............................................................
OTHER LIABILITIES: Miscellaneous items, representing mainly
commitments undertaken by the Bank on behalf of customers
in their foreign and domestic trade transactions totalling
$21,538,615.59...................................................................................
TOTAL OF WHAT THE BofM OWES ITS DEPOSITORS
AND OTHERS............................................................................
- TO PAY ALL IT OWES, THE B of M HAS TOTAL RE-
SOURCES, AS SHOWN ON THE LEFT SIDE OF THIS
STATEMENT, AMOUNTING TO..........................................
WHICH MEANS THAT THE BofM HAS RESOURCES,
OVER AND ABOVE WHAT IT OWES, AMOUNTING TO
This figure of $79,256,285.81 is made up of money subscribed by the shareholders
who own the Bank and, to some extent, of profits which have from time to time been
ploughed back into the business to broaden the Bank's services.* $ *
PROFITS: After making provision for contingencies, for depreda
tion of Bank premises, furniture, and equipment, the B of M
reports a profit (including an adjustment in United Kingdom
Taxes 1938-46) for the twelve months ended October 31st, 1946 $ 10,263,782.91
Provision for Income and Excess Profits’Taxes............................ 5,776,000.00
Leaving a net profit of..........................................*
Of this amount, shareholders (paid dividends at the rate of 80 cents
a year, plus an extra distribution of 15 cents, for each $10-share
of the Bank) received or will receive
Thus, the net amount to be added to the balance of profits from
previous years’ operations is.................................. . . $
Balance in the Profit and Loss Account at October 31st, 1945,
amounted to ..............................................................* . . .
$1,736,212,708.35
STransferred to Reserve Fund, which now amounts to $42,000,000
and is included in the shareholders’ funds of $79,256,285.81
mentioned above ...................................................................... ,
Leaving a balance id the Profit arid Loss Account at October 31st,
1946, at
Bank, or Montreal