The Signal, 1898-2-18, Page 1nienessinseeo
r
FTY-FIRST YEAR. ---2661
NEW ADVERTIUMENT8.-FEB. 18•
oa't Forgot-Oahorne Bea
or Ermine Wenn-8sith Was. • Co
11 sad M. H. -Geo. F. Emerson
bit Barran gents -Jas. Rebate**
Winter Need. -W. 0 Goode
lain T.'t-9►. ono. rriee
Attar T•blete-Geo. Porter
MU Los►- 910$1L Moe
Lost.
8
8
4
4
6
b
6
1
OST -ON W EDNEBDAY MORNING
nava.. Wolf -IP. and J..Wb•s Mall-r's
table,
der wD1 heooh doe arts rewardedby leaving 11 0t tat filet headhis
Mea Tun Otuen -
Publts WotlN.
01ICE -I 'rai
general pu tin the, she a¢weseent b• -
wean J. -. Platt .red myself bas stared. earl
tat Iran 001 a aw oo ecoid w n i stooge
d Pavel Oe, t•n will he-eert.r do bus:ne.0
my w . almanac a all -Mee of bet Luh lr
slier Coal .., d. re let, Nel..,n-•t.
pis elle Wein I u^ N ur at J. H. Woo
ore
t10Hs bem
propUJ ate tied to. D.
STI
For Bala or To Rant.
It 9A Lit t'R TO RENT -VOR BALE
Of to...tit the dwehI•g on Noleoe-a. et
t ,coupled by L •meetb Is eowtatas
rooms. melon n.r draw og moot, moths
loner and thanes. sod has • library,
maw ofels, parries aod a sou cedar.
le hen es acre a land moonily 'otiose
with threes nae fruit Ores, sod on ria Nat
wee. Apply to 11'. 8isltaT11. on the pre -
mots. lc- in
o NALR.-ONR Of THE BEST
_ %spiel,A"NMrtlPA O'Ituele, LHR teatime
n on r, township of ()elbow, Haim County.
Moores. flood eleyD.,ll. Boring water. 1105
boon
oast
earn 1st
to Mute lbane to bf 90. n posture fee II rime hour
sad kitchen. More cad P.I. as the pnmleos.
Ezoslleat gravel roads. $1.150 cosh, balsa. at
Ave ser .est Wattle.. 0a*. Apply se Y. W. Mo
DON AOMI, (Wipe Y.O•. One, or to J. A. Me
MHNArti. rO W.IllMimt..aw. f.st. reaasw tt.
ALUABLIC PROPERTY FOR BALE.
part of Int f Canoessloa C. oederloh
Tomo Towesalwl0102 i 1-1 agree of land. There Y
d t•at•tgM the property • good 1` .'ory Was
dwnamo, w Michele • taeMd. s1 wttk
a�r//agte til whoa hones. Thle is I really
int.lao sod will be sold on remos&ble
terms. MMticwlare &ppty to PHILIP
HOLT. 1 Oo4 4ek.
LOW ,tBarrie
lWf,
VOR RALK-Witt 69 AND 70
L� Har•hlnsoe', t3 In the Town of
Ooderleh, noon whiob le erected • sloe dwell-
teg honest.
Dated 41h Peni.eibsr,18116
Arply to CAMERON. HOLT R HOLM2f8.
Ooderlok oe It
VALUAKLI TOWN PROPERTY FOR
BALK -The brtek reeldena overlooking
the river and lake formerly oauplel by Ilse
ate A. Meol*renett nap., Master l• Chs•eery
One of tks wet valuable and desirable pro-
perties
ro-
_••. Tb. ttitgisesrey tune dunks' house os
ieemedte.el. cubicles the Rrlt-
Ho'.•I at present oo&upled by
Mr. Aodrew It'addelL
2. The dwWlnirrt house and dfol0ing grounds
r the 0, T. It occupied
stades, formerly
the late Jodge Toms.
tad terms of .sya.at retest table, ap
tar to MARROW &Ilebenttore. (
81.11Wadeh.
Waster
•
THA T-'ilA DXZ•TQ NDWBPAP1.R OP HVROW OOVI2TTY-
GODERICH, ONTARIO, CANADA : FEBRUARY 18, 1898.
ONE DOLLAR
WILL
PAY
FOR
THE SIGNAL
Fos 0,1 Teo'.
D. M°GILLICUDDY, EDITOR.
NORTH AMERICAN LIFE.
It 1. 8t1U In the Front Rank.
The Aana01 Report of • meceeieret Lift
Assurance Ouspeny- A Roeerd Hist
le REN to Renal. and mot
Ones Wurpsaoed.
W AIITED- W a WANT
T�A�Npa�eQbUAN-
whish lata l INF
prism sadH�ltllka _edge. .. mixed
> II Maes, eiederM
t tom,
b. On W. J.
TOOOOPIal Artist
tarp er Bettor. Isms sad . Ina Appl.s.
THE annual meeting of this company
was held a1 rte head of iia in Toronto os
Jan. 26. Mr. John I.. Bleikie, prealdent,
was appointed eheirman, and Mr. Vin M.•
Cabe secretary. 'Tbe directors report, pta-
seated at the mating, showed marked
proof. of oontioned pregame and ,,lid pros -
parity in every leading branch of the coma
pang's bus:nese. Details of the rubataot:al
rains made by the tympany dnr!ng the past
year are more parlioulsr)y referred to in the
remake of the ;fruitiest and rtport of the
orirultior eotusey.
Summary et the fin,oe'el stetetnent and
btlenotnr sheet for t'e year ended 1l 0 31,
1897 :
Lien mains. $ 699,560 49
Erp•nditure (t&.iudtog death
claims, endowments, t:.& -
tared Investment Dolola,
profits, and all other pay•
menta to policy holders)451,367 26
Acute 2 773,177 22
Reserve fund 9.246 920 00
Net wastes fee p.44. -ne lsrs . 417.121
\s
it. McCann,
Managing Director.
A.ditsl awl found waver.
JAt Ca&Ltt.g, 21.11,
Anditor.
T tJ . Hot an•Ma�Le�gikrd ve.R�I_.,. H1AgsB.. -
bit�oae.tsDy a e. -s. .baattwrumba
e
latent beads d, veiUnimra ela
M.Lese new bask meat door to arielsitlie
:nano ant!
M188 RIg1TE OHUTE.
Graduate and1f�rM.Oetb.halt Lade
1k mai a and t INorth Bassi
ems& M• aga
S ada at
Bask
xW l[lashin. 11111011111.
N W IeAUBMISggrgMI�oogPgIeI-ALL K1IS DE
rola 11`mlrsab tiff
EF-
tnebn
•
are In 1896, I beg lora b r.osmmend that
the sum spportiostd be set &aide to meet the
dtvidene obtlgiWo.s &earning thereoo,whlok
unease I have •ll000ted properly to the lo•
choking palates entitled thereto.
The president, Mr. Joh& L BI&ikle, in
moving the sdoptlon o1 the report, said •
"I hay. pleasure in moving that the re-
ports and balanee sheet be •do-nted.
" In doing so, permit me to invite your
•tte0Hoo to some interesting and important
(ante therein contained. Bat before proceed-
ing to do so, I heartily ocogratulate the
policy holden upon this anneal means be-
ing held in this splendid nfoe, the buildiue
being owned by the compel, y, and secured
on such. extremely favor. Lie terms that at •
moderate oast we 000upy one of the finest
busioese buildings in the oily, beautifully
Hgbted on al sides, with abundant vwl10o-
oommod•tiw, and with • sufficient depth of
lot to admit of the great addition to our
spat. as tits linsinelleilleatinues to grow in
the future.
' The wearing of this property to gener-
ally
enetally regarded •e • •pleedld stroke of bast•
nese, and • prate We, solid invesemeut,
meting a v.luablu •iditlon to the assets of
the e"omen y.
As on mary previous ooaslone, you
will be pleased to (larva that in every•
t hing that goes to make • lite test i oce
company sacoesdul the North Amertao
Lilo again shown progros., t:olid.t• and gain
for Me policy bollen.
" For example, compere the business ot
1897 and 1896 ander the following heads:
Percent -
Increase age of In.
over 1896, memo.
Assets M
SLUMS I.71
>19lOM 49 t 1b 67,743 44 1911
lt5gs••. 18,946.$ t 00 1,IS1,7m 05 8.1
Nw_I�a• t1w, IR . -(7,270 11 7.4
ammo is•
lir. W. T. Standen, of 7%.w York. the
pilar i -c ffIrse * .eteurT, -4e - ter. 4n#•
and detailed report et the year. operations,
said :
` I bays °srdully examl•ed the •carate
and batmen 'haat of the company, ae at
Deo- 31, 1897, and beg leave to retort to
yo0 as folioed, open the result of inch ex-
amination :
Your obligation for investment petiole.
that metered in 1897 called for an outlay of
over $89 600-cbe individual eettlem.ots
not only being generally e•tufwtoiy, bat,
as a matter of foot, oemp&ring more that
favorably with the settlements made by
ether oomp•aies apo° similar forms of poli-
cies.
" The no Bring of this ohligtelon, together
walk 1116,579 96 pad to b,.ebalarles under
polices Chet metered by conn of thele•
eared, 428,006 10 paid for matured eudow•
menu. ; 114 291 46 paid to arn•ttants, and
213,101 08 pa'd for aarreedoed poi one,
gives a total of over $271.000 paid out dur•
too the your to poltoy-holden aloes.
"Thews sad several other It.as of die-
b.hGoents in • life insurance company's
boniness are preetleslly noun trot latile- -some
other items involved in the cat of manage-
ment bang more or lees odder antral. It
Is, therefore. very gr.tlfytog to me. as an
mama of very andel m•nseemsut to sou
that Wow aotroll&ble expesaee are lees
than 8 per oeat of your total diabetes.
nubs
•• Tits eestland teodeooy to lower rates
of loMrost, upon much atriotly ant-olw
..eurhbmi as yo. are authorised to Invest is
ewp'selnes she wisdom of year manage -
meat in having begun two years ago to am-
ppuub .enure: on new business °pee that
6lgb standard of calm: kaolin se the Hm.
4 per Bent table. 1be eoerse now bels'
purened muse be to the utmost drainage
bCUuse 11 Is year by year &paying tkb
Mara rlirfd tat to • larger sed lager volume
e( your kaslnese, wtaken%matert•lly dieturb-
leg yawr imam -__antics o1 surplus.
• TMs Ware ales Wises.
with alter eon-
r▪ edraw the the SS Istel of iarigs skabis °a
lay.stass° palwes- MOM lo • a_5eafty
teretria, headily all �reesi nessdfiat year
e.ap.wy adept as estimable herewith sub-
mitted
ubmitted by mea bad, e• they are, era
ai.ti./ e•stblbme, sad resultant is saeate
as favorable as M. somal settl.mesls sew
berg male by tin. berineissed
•'I am glad to see that theia.ee... Is
your ,sob booms h 1897-$67,789 41 --le
greater Mia the nabs e1eood a the pee.l-
✓ a. venr- s sego eroeflel resat is rima of
the amloereial .ed budseee'wager that
• Nerrithetndisp the Legs amount paid
le volley headers. beretefere referred to,
u smely,it71,000, it 1e very .otbf etory in -
dee M 1.d fhb yea were amts sae to
slier so lMreased see. earlobes. TM pis
has blas elliMed Is era ret one .o.eormetve
Lair .f vslmsaee t►'ie' h.e been applied e
the awes of the oeapey. Tor Mousse.
Abe market valor of your debentures. oto,
le $1.463.15 b ream .1 the .meat for
wbi& yes bays taken ,redia is your Mae
nest. Yellowing the emir .soapy por-
e.54 yea mild have � properlyWised year
seeea.S over 121,000.
▪ •• 1''s new busker adios In 1897 brag
2601 polkas, 1osurtsr 13,366,004 (bass
larger V the history of the estp&e�).
is s very
la des result to view of tie !s-
uss me' s Mailed Geld,
a▪ d « the
oristed t ab titer potion
el the year. I regard t$ as ipeelelly oak
dreary 1ime the alk of Me barmana b upas
bug ler. rv..kaest plus, seat favorable
1. IM poky healer, as well ae be 44e esml-
1rs.lrt of New.
As si y ea1Me.l.ry feature el
per ids 1. ire rowan per.bsmcy--5
Wet wp.r s e eleav t. tending to McWleV-
of
►�
w� "..t01....... ..
..tho magmaail y~ Th Mi4`
sear to ..-alis/ wry yw+ a fl.ld
rissik-ast yaw agars most be a rem a
mea thereat* wad is Melo Overly mad
OW the 'l weeds mortal
te eWn • ooM .f the kelang d flim
. anagleasi=duch atilt ears.
rreri eWntimN 1 ' rey beet am sod lie
inesb eassoubill agate. te year Odd Mal.
Ilkorlig samansilthe bresi ..N pea•
AG it T b - " ELONDIKE GOLD
eallieg
frit" ...i...r widlramanorpele
Teroar
G TB-" GLUM= 01i' TfRI UN•
,'�' Ifvory
al444 iA Y_a • ,
o
ROO ROY.
Tea 186h.
Mr. Charles�g�T, Nati 1.1l, lase the
gait of Mr. J&5. (Aerie. lA•d y Issa.
Yam Amok llagglikw et Retlfesd, wee
tin Rust M Min J. M. Williams. Weems.
t. Woad M5Oamk.y, of Qelwfel, was
raal.g is a'a i1
Me. R. Bemmmll. en
The domes .14 the read sso el Ng. J.
1.1044. cur Marled ly • kale 11110b0
of tin ytrtgk ss4 bounty d Dentlsp. A.t.gl
••Rr MMM t bias fW .a08Nr. were
B. Oalio, Mae TA, G Aram nal
bat set leera Henan tewst e 110111 m. w•
lewd I they .E most _,yaw
Loons oil stool 167,780 00
Outstanding preen.
ams in wane et ool-
teotion, sod quarter-
ly end balf•ywly
Premiums, below
bateau' of year's
premiums not yet
paid . 100,460 37
Cab in bank b7,743 071
Cosh on hand 31 781
Interest and roma
doe and •oaroe11
Reversions ...
pen•„ 117,118 13 14.092 00 14 t
"The assets ot the wmpauy are of • high
ate, end after providing for every li bili-
there raasirs • net erupted of $427,121.-
, the per antes* of net surplus W itabdi-
Mug 48a. a•4. leo -paseent+ae•
u to liabilities being 118 2 I shall net
ter more particularly to the assets, as that
ill he done by •ioe•Presideut the lion.
r. Allan.
, • great deal of ineuratce a hieing done
owadays of such • character teat: it may
more fairly rrgorded asNs•In0•ry rather
en real insurance -00 teogible meets be-
g Lid op oat of which claim. easing En-
er each polioies may be paid. As the Og-
res befote you will oonoluelrtly prove, the
oetb Amerloan 1.41.1. upon • very dtffor•
ret Mee. indeed-tte foundation tieing solid
ook-sad its pulley -holders are abundant-
jasiAltild In rating easy to their mind. as
the alibi, of the oompacy to promptly
teat early claim se it may .nater&.
" It tleften ..Id by theme who do not
n derstsed any better Diet life incur/mos
ompanics make lags paths by reason of
many lllowir g their vol.cieli to tepee,
us dropping tante Inauran.e.Iter having
d, it may b., only toe or two prem.
m.,
• This is • mistaken view of the matter.
B enmpantes regret exceedingly t8• vary
t rmisatious that take puma evert
Ie oats moo.y to pleoe every policy
o the book.. the Dempsey having to pay
agente' .ommtesioo, medial fees, and eme-
ry other charges, and of unreel until the
ext premium fails due the company I.
ging the risk, and is liable for the
cunt of the policy in the event of the
oath of the insured.
All respwtable oompanles ere moat de
rose thea their polloy-holders should per.
.latently keep up their polloie., and not •I -
ow them to apes Or terminate.
' A year yo I uubmitted • table, show.
big the exp.' norm of eleven oompsoies do
tag; business is (Janda, the amount of in-
surer* lowed, the total terminations each
ad e�od, and whet the perdoemge
wait ho North *modem toad. • far bot•
bar .bowing time my of the eleven, and
ffoial figures given in the lass Dominion
'oarsman report, showing • Ike exper-
keno., again plain the North Amerada in
the first potties.
• The imp.ra nos of • thorough audit .f
NMI pm y'* &Ears 0511 werody be over.
gammated ewben than audit 1. t and
ahe.eave. I ars .tate that this is ..e
with our esteeaed auditor, 1h. (Adria
" Bead.s this, however, thee* to • most
.srefd tm4 amplNe eismfsetles of every-
rra.g relating to s8s oot npsa . position
every veer by the DSmision Government
ep.ristendeal of iwrasse. who ex&.lase
every s..aeiby owned by lee eom{.ay, std
o re NW every nq•ire.•t of tin. 1r-
05(5 ego i. Am y emptied with.
Tib scala 45* le mate entirely ha -
damndest et any paws ..uaeoted with lee
0ra25ey, mod the nook Y published in the
Incur•.. Blue Book b detail.
' I bare already treepared boo mag ap-
es year *ae wed primes. yet garnet ee.-
aads without bearing wtdso.y to the un-
wearied seal, dUMaea mad abiBly .f Kr.
Mct3ahe, ear m5.•giest darter 3 of Mr.
Oo4s... o.r Allier seerotmel...d, I may
add. of the elks N0[pe..raily.
" Ami lent of all. nea/b motalaly net the
least el all. we ere 1.4.4154 le ear ray aft
sena 1. les field. who Mme es ykt loamy
bat/y, bb harem setts . Wemp..y es M5
N.e18 Asoreses We et their i5ek. they
culo may waterloo, sol linos. W. by fair
sod bs.eablo woos."
The Hen. G. W. Aller. VbwPre11dss$,
said
•• The Presider 4.s sated Mb M mesa
like tae. as Yiee-Pewldist of the seapasy,
e Wks sew r'efereneo le the wets. whin
sew total the large suss d 10,773,177 41.
1 Milt the very beet .unease of to MxseI-
lem! diesaehe elate sera .f the ..loamy.
mod the are slows by w daemon n 10 the
aveMs.M of Ms lark k the Wow - 1a-
aeaea la .sir agorae e i.eoww fel the jar.
..ally, 31,1,0M. al the gest air 5.r b-
ars .d reser. dee W.d .segued, as the
lad d ase year 5ke114 .hew • belts.. of
r..A.. WsMN kw.fad a t12.41a57Arr. here le Me �� of oar
Parentage
of TVI
•Aatws► Aster.
.w $1.101.86: 91 40.
631,19? 10 fA9
111111111 R t0
1111.311 44 7. ' by seedmsse owesn&
VISI *1 a 41 The hark' /gores with .hew the ere -
11
ty
33
thea
es
re
M
be
tit
in
d
N
ly
to
a
se
tit
paid,
t
A
larp
VOW.
0
d
torr
&m
d
d
k
0
5.7 lets esrsed by thew companies since 1892 :
ig
.4 !Ig
0011WAIrr. ' SI
a
2°
1 Nati A.Isei11p .. 3600.081 89 23 8.
A.6 2 .... 101.881 00 8 46
1 63,480 27 10 66
61.637 71 10.18
36,346 99 698
No net eurples Nil.
Thee. BRnree .re taken from the a folsl
government report*, and I refer to the own -
pantos by number and uoc by name. The
erperiepoe of one company In particular,
aeouriog over two end • ball mllltens cf new
business within a few months of commenc-
ing operations, and such • result hue nova
has s000mpNshed aiooe Ity 4J other com-
pany, will ,hon you the difficulties that •
po,w company has to contend with In com-
mencing buwinesi. The -company -1 referred
to ,ecurcd • phenomenal amount of business,
together with a large premium Income, hav-
ing at its head, as president, the most prom -
loam men in the Dominion of Ganda. Not.
withstanding alt these adrantagee the first
few yasri business resulted in a loss of al -
moat the entire amount of the paid up .epi•
t•l, which was over $100,000.
1 mention this to show thole present and
one agency staff in particular that the mere
foot of • wmpanv having • large o•pitsl
and rushing & tares amount of bnainess on
Ma hooks In • short time means a very largo
liability by way of the reserve required by
the Dominion Government, and must result
in • las to the oompany.
1 trust my few remarks on this subject
will sot be taken as an etteek on soy pur
tattler company, as I have not named any,
but will explain to you that attain motbods
of oonductiag lianas may, on Online 61
it, have the appeerance of s000e., but ulti-
mately con have hue one result. The worse
we have adopted has been • °enervative
one in every way. and we propose to follow
that coarse, believing that our Bret Interlake
most be those of our polioy•bolders, and
tismitltis•taly-theteatof-the hatjosst int
tweet' the different oompanles is, " What
are you doing, and what are ; ou likely to
do, for your policy, holders'
Mr. ally, In referring to the.compane'a
loans and real estate, said ;
"The mortgage list sent by this company
to the inearanoe department gives every de.
tail ea to the position of the mortgage bans
from yeas to year, showing the amount of
the mbrtgage, the an.ount ot the Bre in
author., the details of the .ecuri'y hal I,
and also. *genet each mortgage, the Interest
duo thereon and accrued, so that at • rhinos
one ie able to see jest the position of *rob
mortgage.
' In looking ever this mortgage list, 1 was
pleased to find the setifaotery m••ser In
which the Interest bad been paid during
1897, the interest due and aarued on all
loans held by the wmpary, showing a de-
crease, ss compared with 1896, of $2,201 -
73 From an examivation of the reel estate,
I oonsider that the oompaoy must sooner or
lets, realize • handsome profit from these
properties, when it i■ deemed advisable to
well them, and In view of the d:ffionity ex.
petienard by •11 oompaaies In finding esti"-
history Investments for money at the pre-
sent time the company rennet do better
then retie Its present Wats holdings.
"1 artaloly join with Via -President
Allan In oongr&tnlatine my Icllow policy-
hohfera and all those Interested In the am -
piny on the splendid hallding the oompany
has seoured. Fromm extended knowledge
of real estate --and I have probehly had
more experiedoa in that line than anyone
prsseut-I can heartily Indorse everything
he has said with rupee. to this building.
The position of the compa57 is highly oat-
lefsotory, and as one of its earliest and large
policy holden I feel very pleased at the
splendid position that the ampany has at-
tained, and only regret that when Insuring
in the icon may I did see dose to the extent
of $26,000. as I am quite estlsded It would
Wore proved one of the best Investments I
scald have made. Life iDsuranoe Is not •
temporary matter.
It 1s, therefore, the Imperative duty of
those in Marge of a company to les that
swayable In e.unootlen with It is made
cerasin, and Is this respond the merged.
end yes oonsem.tive pollen adopted by the
North Amadeus Is to be highly oemmeed•
ed. Teo groat progress 1be ocmpany has
made and the strong position it has attain-
ed make 11 a *troe' OOmp•ny for • policy-
holder "
Jamas Thorebarn. M D., ma'ioal dime.
sr, pretested • fall and lelirestleg noort
d the mortality experlesesd by Me sem-
pay during the peel year, sewing chat the
marl lees was favorable es ommpared with
Me 'mortality table.
Afar she usual vote of thanks had been
p..sd, the .I.oloa a linear, book plan.,
rafter which the sewly•.leeted hard met
and John L Risible wee unanimously elat-
ed President, the Ha. 0. W. Alla. sad
8i. Trask matb Vie. -Presidents.
3
4 ..
5 ......... ..
38 " 696 1.4 6
3,b46 36
$2.773,1T7 22 100.
'Market v&loe .roads this b $21,426 15.
"Inolodic, the company'. budding.
„ I think You will agree with me, this
show* • highly satiat&Ctory state of &ffatre
and must be doubly naseuring to all the
policy -holden of the company, as well si its
azoolleut ayeney sluff, ie to,, he hltgb stand-
ard thio compeoy has at tamed ►moa'
life oomp001.1 in this country. Se far sa I
can judge. 1t stands at the head.
" Our real estate, as cnipered with last
year, shows bot • slight alditicn in amount,
ex:•ept that we have now added thereto our
owe 'home, this headsman building 1° which
we are hutdtng this meedog, It was an ex•
cellent stroke of bncinas on the part of the
oomp•oy in securing this property, as we
have now every •000modatioo for the prop-
er oonduot for the business ; 1n toot, one of
the beet (quipped odiods in the oily, and
the oast to the oompeny will be but a mod•
orate one. Already the space we have to
rent is well tenanted, and the one office at
present veoant is already bespoken. All the
properties in poeseefon of the company ore
well ranted god giving the osm0any • fair
return.
From t(•,e fluses taken from the last
Dominion Government report, 1 find that
our company naives a net return on ma
reel estate largely 1n excess of any of its
competitors
Mr. J. N. Lake, In moving • vote of
thanks to t4• company's provinni•l aa•a4-
era, tospeotor. and &vasty staff. said :
•-'Fherveine e4 eur•wmes•y-et&R!• show
by the pent.teooy of oar busine.'. From
the lest Government report 1 find that tit*
total net iooresss in insurance of •11 Gee&d•
Ian companies for that year, this tympany
held slmort 25 per ant. ot inoh addition..
I attribute this rattef&otory statement of af-
fair* to our agents, being men of integrity
sod high standing in their profession, and
who endeavor to arty out our wishes and
transact their business in • Pair end proper
manner. _ No d.Cub:1he stent is very mater-
ially aided in his work by represeuting the
North American -a oompany having snob •
large surplus to proportion to its liabilities,
and its earning power (clog r.letively so
groat se compared with the mej••rity of it*
oompetitore is • tcwer t1Y strength to its
agents. I most sincerely ooegntelats .Sr
very .fliotent staff of r.preoeetativee on the
work they &wnmplethod last yer, the num-
ber of policies brim 2 621. and the amount
of Murano. thereon $4,556,024-s truly
mod year's work.
, It will he gr.t.fying to everycae inter-
ested in the compeoy, and speaks volumes
tor the energy displayed by our agents, that
oar new business thin month is the beet
business for January in the 41.toy ot the
ampeo y.
Another satisfactory point in the com-
pany,
t on the
our agency * l including local •:somale l
Is the *mall amount of ontataadlag and de•
fired premiums at the otos* of rhe ysnr.
The beet test on this point is • comparison
with our business and that of the other
home companies in that respect. Prom an
examination of the last Dominion govern•
meat report It will be found that the North
Amorists° 1. the lowsse, namely 18 per oast.,
while the highest is 36 66. end the best evi•
demo that theoompasy'e Mshess is brought
down to • bard -pan Mss le shown by the
outstanding and deferred premium* at the
end of 1897, showing the alight hareem. of
$3.280.16.
It is tutorage, to note the groat progress
that tit* company h05 trade daring the past
ben yearn. as shown by the following table :
Osee
leonine
4288 282 64
434 626 42
699,560 49
Um int talpgig i1L IsMagWt. 11108 Wires dieaemd pmads fella:_ et cit•
14011144144.
EWA s�.4 beads
Small • passe
•
Year
7th
12th ..
Year
7th
12th.
17th.
Is.arame
la fora
$ 6,934,390
12,060,060
16,946,878
Anna
$ 649 318 99
1.413 978 00
2,773,177 00
Net
.•.oras
$ 64.896 90
2211.636 84
437,121 33
You will see that the gosh lease In -
seemed ever threefold I •seea ever ere
Maio ; Immune to forge early threefold.
sad net surplus *early Aghtfold-tine latter
Indleatktg that the company M 5 good sae
for the peiiey•kolden.
"Til. eimpany,. ►as alwey. Mooed Ito
tasks promptly on Dec Al. and never ts-
asdea in Ihe statement applications or n-
esapM er busker of asy Mid meshed at
58..td.s awe that data We di.s.mr.gs
cur sputa foreleg bwls..r, end the ramie*
of staking .peol01 Goa. n..5 to agents to
sash's them to rebate far tin pupae Gt
.o.uria, brisem dialog the lest .estb of
She vas is entirely opposed be a, as IOW -
me es the b..b.sss gweretly. 4-44si1y m-
aM te the elder policy holders, sod sawn
but malt Ia • b.e to the Nsewy rudest-
bg to busimses ea sash a Impair 4.5.."
Yr. M5(J.M, roasegla dtroetor. Saki b.
metal boartIly adore all that bad loon said
all be Lite SAeteeey ef sur seem rat and
Ms emerge** sod
e, wooer la
re' �
wird' they hal Weir work
drag the year jest closed. He knew that
tee agate had u.s.n•I se.pse(Mso darty
Me leire port d Me par, ewty to fret
sew ee.pentM harrier erne..oeed aerie
tiers 40652 1897. Our flea d ep.r•Msos
b somewhat limited. Alarm* 1'. lorri-
Wry 11 Ik. Maass Wavy Y.Rat the pap'
slake god sompeliaso
bbM_$ms ....e1' 41! tem and sematimen
sea. -r 4?, kiss*.., Orem the e.aswlla-
esy sad inyemper km.iw [sweet adapted
by Mese sanious a SEW arisen es the
babe, lemsp ithe d the ..t. 1u thin w•
arise I amid weal Sew-.- B the• .f • the
�
gpmpMa 4..45 Ms ewe IoM. 5.
Ms !lath Aswan w onieegssuNy, mot
NH d tem Wade 4 cur ers w mot via
ABOUT THE BIG MILL.
Wrong Imprima 1on• Car Minot!
• Fte 1. Clear sad Replant ilaretese y
■ r. elgllvte'e Representative. leo
Mill sad Ilystor will be Mad
Wiek..t (..Allen•
will .bow the Tories that we know how N
kw. our powder dry. "
Qui'• as excitement over the appoist-
meat o1 a :heel teacher for Homlock 0167
school too& plea at the twat time of the
trustee meeting last veer, and it 10 wt set-
tled yet, but will probably bare to be d•
sided by campeteet wheel authority, per-
haps t1 may even be taken into the law
court,. Much ,mall matters 05 the cutting
down of sslsry, when the oaeber 1. pro-
m noised ampeteor, seems to be the whole
ammo of the trouble aod the eeotlon le de-
vtded between the choose of two teachers
to be the fleet to take charge of the hand•
WHEN the G.T.R el'vator WAS some new Monne bnildmtt which DO rs-
barned down, DeWitt attention was called tie pl&ooa ohm old frame affair kn,wn as Or::ut's
the (act that 1h. Hallam Mill might be pur- eohalbouso
chased from the Ogilvie firm. and that the
elevator in connection, pith • eepasity of
nearly • quarter of • million of bushel.. Nance. -Tine
f{or Tu& onntobppauttirtaolinxthuney 1n f Dnaupnnppronrybn
might be nitlzed, ted thus avoid_ the con•
strnottoo of •new and mon expositive d.• sweo*k,toand 1bcP„ oonce/Ae•r, showU raoolve
&,d advKeirvteie(rDaadsioo
e.•
rotor. to reply to that • statement was emousts Acid for the sons.
put In circulation that the Ogilvie firs
would sot consent to sell, that although they T W CUMBER .� ti U, l't1RRiA(:F.
t/ acd w•&tro0 m.&• ., hwlrg purohaad
had given an option on the property, they tote late.bee,pleat, frau esrphan
had plaited restrictions thereon that world stothore, 1+ cow pr.>{'area to ell order. for
oarn•uer, waggon bug&(ee and oaf &rUele
pr•otlally binder • transfer of the property unullt wedeln a carriage ,hep, qtr. or
Laing made. During tl:e past weal, M. T worktsrashlp, oasootnab+e• pprreo 10 UAantar1o.
id
Williamson, the Ogilvie representative, has m'nong •ttesdod reel ate (1., tem work-oon-
been in town, and In th•ioter. at of the pub- d ler&isle exuarte oe, he t►eref ora eutlutte the
patronage of the fatatog u mn.uit and "ill
who may ant work .0 h . nee, will Sod 6110
at the stand formerly occupied by atephe0
Btot,.er.. Duugauoon.
DUNGANNON.
lio Tits SIGNAL succeeded in getting the tot -
biting full and ezpliolt ela1mcnt, which
apesku»for itself :-
" 1t was only a few days ago that we
beard to Montreal that the people of Oodc-
rioh wore negotiating for the building et •
large _rain elevator. In not, the brit in-
ttmition vesiallliraw.1.4544-lt.m HIM Prat
idiot o1 your Board of Trade, Mr. it S.
Williams, ask og If our property was in the
markfor sear.
Iet sa authorized by Mr. Ogilvie to ot-
ter his elevator, mill ironerty and ma _may
cnoneoted wltb the property for the e,,m of
$50,0011. at least colo half.2 be paid it cob ;
the beluga can remote, 1f desired. as a moil
gage against the property at 6 per ant. in-
u.rt,l. There ere no restrictions of coy
kiod`attaohed to this offer. The whole pro.
party will Lc sold to any elrporatioP, firm,
or individual who pay* the money, and the
purohasers will be Cres to do whatever they
ple•se with it.
• I •m surprised that the belief has .x•
sated, and in fent does even now exist in
the town that Mr. Ogilvie has no intention
of *Olive the property, and had evcfyetused
to sell pertain paroles when the money was
offered. This hRef is entirely unfounded,
as he has twin given the ubairman of your
Centime Committee as un000dltional option
over hie own signature upon the property,
good for three moothc.
" The mspaony of the presort elevator is
about 220,000 huabde, and if the milt pro-
perty were also turned foto an elevator this
would he easily doubled, and the camel: y
raised l0 460,000 bushels. This could he
done with very little 1,9e0.e, and the out
would be far mon than made up by the sole
of the mill ,machinery, which include• two
engines, one of whloh coat 312,000 and is as
reed today as the day 14 was pat In.
" The elevator, as it stand* today, oats un-
load a vessel at the nu of 4,000 bushels per
hour. -Tine less mono 4bee amt In the
Myles, carrying 4C,1100 bushele, was unload-
ed is 12 hours, and thew with nary indiffer-
ent shovelling. Four oars of wheat can be
loaded at the same time, and In about half
ea hour, Mr. Ogilvie would he quite will.
lag to pay a eompcten4 and dl iotersstcd
engineer to make a report on, 8rets, white
would he ncoessary to turn the prologue pro -
pert into • fin/Volum elevator of a c.paolty
a400,000 to 600,000 bushels ; and, ascend,
what the probate's out would be. The
bulldloge and machinery are in Bra °lase
oondillon In every way, from feasd•tloo to
roof. The property was ezamined by the
0. T. R. people. who found It all satiaf05-
tory, and wanted to lease 1t from Mr. Ogil-
vie, but Mr. Alia having thea as optIOa se
pasha's, t1 was Ispoe.iblc to Isaac
"• A. to harbor f05111tiss, it Is defined by
everybody time one site is the hest that
could be selestd, and ►b. railway :cases•
dose are already there.
" I have bees asked repeatedly whether
Mr. Ogilvie has soy lunation of ru..tag the
mill .gain. Well, I think not, for the ren -
con that since Mr. Hn'.M1oos's death he
tee been unable to give it any perusal
attunes H. bet another mill is Mo.Ireal
of the daily eap.oity of 1,500 barrels,
whish has not turned • wheel for some
years. But .pun from Hue, two other
mills are rrindlog over 6 000 barrels daily,
and If our bust/les should moire acether
mill beteg started. It Is .01y reasonable to
suppose that Mr. Ogilvie would start Me
mill In Montreal, whore h. esald ,1vo to his
aro parasol eapervuden.
"There 1s me reason, however, why the
ttd11 mould son he ran by esmehedy else with
snt8ehat capital M • proal sales asapetmI
man.reene&l. The milling bstzisew b
which requires s god deal of espial, and I
Mould ay that $900,000 would be required
be pnnbase the property, and nn 1t es
sated busbies. prisdples ; whereas , If the
n n
property wepukseed and mond lute
an elevator. N would require &e capital at
.11 outside she maltase pries. Then 1e se
raw material to buy, nor Oak of geode se
he kept en band ; netthor is then any
leder .40(•25 for 0901 5.ateb.
" •. bo cbe prcep..t c •f n.reos of en Mo-
ws** here. I have so doubt, provided ears
beary .rrnagemenba have M gat be mode
with the frawkl raw. Gedertek le the meet
Mama p.ht end the freest rte trent the
gash. &ad with • little Oever.m.t assist-
Mee
ssis`•see the harbor Gull be md5 1neend te
n one en Take Homs.
Tex Barnum Num. -The old drain was
mimed this week .t the owner of West and
Wellinstoa streets at the pefat where the
break, that mooed the flooded ..lion, Ge -
eared. A. opening was made into the old
draft to rnos off the water, awl the eeeled
cellars won soon free. As seem 05 the water
cad weather permit.. *be drainage will be
properly attended to.
1 esso•y, F.1 15'b.
DIVISION COC&?-Dtvieion Coo: will h.•
held here on Friday, the 18th ot Fe', , 1898.
Cnpscu-4 u'rso,-V4 loft Sab.tatip. K_ya,...
Duthie of Lnokoow, end Arm.troog of Don.
Kennon, exebaoged pulpits.
PAKe,D'1.aocOli -J. E. Tom, P. 8. 1.,
passed throuen our village dur og tea latter
part of last week on hie return home, from
visiting schools north of here.
S. B.-Cowxv'tow -A lone r•prasent&t•
Ten 67 t*4M1''?AMlwted annieenY'w•rhtrwm
Dm village and yummy eft -oiled rhe 8. 9.
oolv.nmon which was 11e14 at the N.le, dur-
ing last week. and report a profitable and
well ',petit time there.
AeDITOae -Messrs. B. J. Crawford, of
Dunganoa, and 1) E. Munro, of Menchest•
or, auditors of the treasurer's aowueta, of
the municipality of West W&wanah for
1897, paid an official vent to the treasurer's
of ee on Tbured.y ut last week. Result
wilt appear in oar next fine
A NAME TO CONJURE BY. -
Ddd'. Kidney Pills Oared T. J.hades of
Diabetes.
Osborne, TM. 14.-Thr.miheN ihe W.rt-
ms smarmier Orono the acme et Dedd's
&Ida y Pi11s la a acme to rare by. The
pipa with the very best .f reams, have
Mord Meir faith to this mad melwse.
sod It is mod is every bas..
The resit of 1'b le th51 Miry 4lseew,
snob as Diabetes. Bright's Marne, so. are
rapidly dlagpe&rim fres fhb B.telea
r. Themes Jokester', of Osbers•, le
the leer sura He SOMed all the agonies
of Dakar for dx yaat7, inkpliguisiewskg to help Ida give kiwi Nair friar te
1►Issll me bye te w 1),44'. Kllssy
Pflik Me aro bets at ease. Rs seed
ire hew sad in sow Wine. fl, healthy sod
reheat.
CMINIVAL,-Quite a largo numb -r of our
young people took in the oarniv.l on Wed•
n eedy, at the Sep. y town, North of here,
Master Wm. Bowen had .barge of the tom•
racy In golag :henna and rim prong home -
They 'report
ome-
They'report bargee 4 '84-'eb "
able time, and give credit to William ter
his good and oareful .rvlore as oonduotor.
Sgsno!r or COUNCIL. -- The oounotl
of Was Winonah, le •000rdsooe with ad•
journmeol met In the township ball en
Moods) Feb. 14.8. All the members pre-
sent, Reeve Gibson presided over the mesa -
log. After municipal business wbloh was
brought before the .onnoll was duly •tteod-
ed to and trammeled, It wag dec,ded to boll
the out union of °outoit no Mosd&y, the
210 day of Mare.
hi.aenow CAMPAIGN-Eleotloa of mem-
ben for the Provincial Parliament of On-
tario for next berm oommenoed on Monday
e vening. A meeting in •000rd•toe with
prevtous arrangements was held here In she
interest of the Reform nominee, vie , Mr.
}arrow, M P P. There was • laps attend.
sea of voters including quite a Dumber of
Cooservattve.. Opposition speaker or speak-
ers were at the close of the mooting cordial.
1v (nutted to spook. There was awakes
kms
order, and we hay* bees informed that Mr,
(;arrow throughout hie (as reported) very
able address on the political esd $nan.lel
status of the Privilege, was listened to with
rapt and undivided .110ntloi and without
Interruption. which was • malt to the
sadism's. There was ne oppositloo address
mode on the ooauloo.
COWING AND GOING -Joh& Hiles, mor-
obanti, look • bossiness end pleasure trip bo
Kincardine and other point. torah of hen,
duel% last week •lex. <Vaitor, a oke
township of Camden, during last week vis-
ited Wm. 14111ipo and family, also ether
friends sad eoq.etateaeee bore, ale being
his firet tour to this sootiest of county. He
•xpreeeed himself highly pleased In eo far
as Gould be seen la the Improvement. sad
appointee of sofs locality le partlool.r.
G ad being fur bettor titan the repores, we1b
be had previously hoard wiles at h.mt.... .
Mr. and Yrs. flood, of 4.44.1d. °oede■•
Ga. to Port Alpert, vaulted their doagbter
.ad see•ia•i•w, Mr. and Mn. Wm. Ma
Nally..- ! ! .11fre. Jobs Brydges, of Gods-
d oh.
lochrtoh. left here ea Tuesday for hem., after
having an extended and pleasant vista l*
leer mother, Mrs. T. Pestlesd, and other
' eillw ii. 17.
LAURIER.
Polities is this north soros a useu rldiar
oral* very little a5Maeat. Tres sturdy
S...hr ea up here •5e'. adorntaad why
you allows In the aunty Nem w
log ever snob trills, thaw as yew ao ■
feet she tea Tories that are koro en asked
ors with trm.whsS of • friar of pity and
held la as suei.dtba se To atee words ef
the jolly els fiosMeman who herr: the IINIe
per .0.s with the high se.ellag *4. •-
W. fellows lis low, lea sew, bus ries
The annual tea worse of tae E`Ileepsl-
1.n Meads was held 1051 evening sm4 was
largely attended. Some fourteen montbere
of St. Georges obeli, Ooderlob, were pro.
.eee and helped eonald.rably to make Hs
eventsg enjoyable. Teller detail. M$
week
PORT ALBERT.
Mo,enav, Feb. 14th, 1898.
H. C. Hawkins returned to t:►lo.go I5.
wee.
Allan Bowles was up se Belfast aeeendleg
Ma sister's waddle/ on tin 2.d of prb.
Fraser Willie fres Duluth returned boas
atter 5e .bears of el: yews. Freak is se
iell♦ as ever .ed leeks bole Sod hearty.
Dar slesahleg was spaded, lest week mak-
ing It implorer ler the surprise/riles a
the esiebborb•d, N/ M. ,sew •( M..d•y
mud Tuesday made pod Weightier ear
mono
The werptl.e party held las Tuesday eve
1m the hollow we • w..derfol mew&
The roved was sat very lane a arra of
ea way beau away frees the
Abort a14�s118ht ter tad a tory pun
area ..seaer•ble fa for the .Id people.
Rleo'. Pun Rah Is hes the sake bennes
the trams orae Ism she 1st Mare. int 11 bor ase raga