The Signal, 1924-2-14, Page 34
Advertising
is telling a prospective customer what
you can do for him. For this purpose
use The Signal's advetcising colurr ns.
Zhe
Read the Advertisements
in The Signal. Buy advertised wares.
It is a safe and sound policy.
Tux MORAL R INT!N0 00. I.ORTW1•PliYsaa.
umA CHURCH
RF,LORTS SHOW A
SUCCESSFUL YEAR
Bir. 0. A. Naim Retires tram
aaaj�g Board attar Thy -
five Years' Berries ---
There was not very large atten-
dance of the members at the annual
mertiag of Ku,$ church, which WWII,
held in the le tun• room of the church'
on Wednreday keening of tart week.
The meeting was a quiet one. no mat-
ter+ of an argumentative nature com-
ing up for dasnsebn. C. A. Nairn
add H. J .t. Mack -wan were appointed
a. chairman and secretary, reapective-
Iy. of the meting
Church In Reat.hy Cuoditian
In Bonding the motion for the ad-
option of the report of the mention
Mr. Alex Saunders commented favor-
ably upon the whole report for the
yreer 1911, stating that 1a lila opinion
there had never been a better report of
the ebureh', activities.. The healthy
condition of Knox church. he Raid. was
a matter for congratulation, as was
also the het that the young movie
were bereaving members of the teturrh
In goodly numbers.
Creditable Showing el Sunday !School
11e pastor. Rev. R. C. McDernsid.
remarked upon stbe attendance of a
large number of boys and girls: in the
Sunday •rebs.!. ''Y'ou will see there." he
east. "-•.me real a-ompliNhmenta."
Tw,•n v -nine members of the mehool
had :irr••ndel fifty Sundays daring the
per; awn others- forty'nlne Sundays
an•t sit others forty -,fight Sunday'.
.t second liet of tw en t" -fou r boy* and
y S
twenty three girls attended the Sun-
da, morning servile at church forty -
Mr,. or mere Snnklaya, while
teas. and six girls attended from
forty five to forty-e•Igtu .ervkeew.
Th.. chairman. Yr., Nairn. exprewsrl
1..- i•bu.ure with the very creditable
nq.ert of the Sunday «t•hool and po110-
..1 out that. nbereft s formerly the
Unlimited Quantity of
GOOD MIXED WOOD FOR SALE
;it $.1 per single (ord. delivered,
TIIE GODERICH M.LNUFACTURiNG
Cu.. LIMITED.
t Fant of A ngte'tiea-lEr- phone
,a• I had been accustomed to receive
a grant of $ ;rout the managing
board. any balance gelid to mutons.
last year the Sunday Witold had sup-
ported itself, and beklue Bare quite
aNmum t semessdeffsm F sbatons
or St. Andrew's Club
Mr. A. Saunders. who b. at prep-
edt in charge of the Bt. Andrew's Club
as teacher, naked that some plan be
adopted by the board of managers, to
provide more pletaant and adequate
fuartere for tide clams of teen-age boys.
The vestry, where the class meets on
Sunday afternoons, la not large enough
to provide comfortable room for the
nineteen to twenty-five boys who at-
tend the clasp each Sunday. remarked
Mr. Saunders
Arthur Circle a Tep-asteb Society
In serrating the motion of Mira
Edna Maciawan that the report of the
Arthur Circle be adopted as read. Mr.
J. A. Hume eougratulated that organa -
nation on being the top-notch eodety of
the young women's auxiliaries' In Hur-
on Presbyterial during 1923 In for-
warding the sum of $000. to the Pres-
byterial treasurer and antro sending
a donation of $50 to Mra. Donald Mac-
tiIIltvrsy fur her work at Shanghai.
Mr. Fred Weir referred to the fact
that the Arthur Circle had ontrlb-
uted P1) toward the punhaae of the
new Plano in the Sunday Reboot and
suggested that other luck tea in the
hurttittiren, might well fonew the
example. /
Real Estate and
Insurance
Houses and Lots in Goderie6 mad
Farms for Sala
Manu chap Ierope rtien offering.
donne at-e)aug iter prices for quick
tale.
1 1-2 story house, with all the
furniture in the house, including
good Happy Thought Range, set
up. One acre land, with a number
assorted fruit trees; Rick street.
Price, ash, 8600.00.
Cottage and lot, South street,
8900.00.
Good stared 11-2 story house,
stable, 4 dots and orchard, nn
Hunan Road. Price $1,000.00.
1 1-2 story house, practically
new, electric lighted, toilet and
ilath, hot and cold water service;
well located, west side of town.
Terms, small amount cash will be
accepted down, balance monthly
payment,' Name as rent. e
Large number of other properties
for sale, including many of the
best houses in town. Ask about.
them.
♦s gI • ASaw6.7 s RONG
Above'Parson's Fair
P. O. Box 89 Gndericb, Ont.
.4111
.Adviser Repairing Ou tsiide of Church
Mr. Charles K. Hauudetn, rongn•-
gatiruat treitelrer, eteted that the
amount of $5,s77.70 received 1q .1923
for current aspens •s was about the
tame as received the previous year.
wlwn the sum of $,i.49 .1I1 was contri-
buted. The treasurer ezpressead the .
opinion that the special offering MM.
ally taken In April for the reduetdon of
the mortgage should thin year ie spent
on outside repair work' of the church
detilrting. Mr.Saunders
commented
upon "Cir disreputable appearance of
the outside of the church" and stated'
that !something had to be done In
em issetlon with` the brick -work and
reef or a great deal of money would
hnve to 1e spent on It. An it was, he
thought it would take about 81.000 to
effect the net -agars, repairs.
C. A. Nairn Retires frees Manse's(
Beard
Mr. Nairn asked riot hlq name b•
dropped from the managing board. as
be eonaldercd it was time he was
dropping nut after thirty-five yearn'
vie in, the hoard. thirty-four of
which he had been chairman of the
hoard. He expressed irk. appreciation
of the confidence the members of the
emgregatlun had shown In him by re-
appointing him from year to year.
in urging him to reconsider 'hie
14.0141011 to retire. Mr. A Saunders de -
flared "that Knox rhumb would not
jest he Knox church without Mr.
Nairn no chairman of the managing
Nord after «o many- veers of faithful
' and effit•ient seri-Ice."
Mr. A. Saunden-. and Mr. A. D. Me -
led then moved _ that__tse-_ four.
managers to retire th14 year (Me.ettre.
C. A., Nairn. A. .1. MacKay. C. K.
Saunders and 1. J. McF)wen) he re-
appointed for the ensuing yewrt,
When Messrs. J. A. Hume and A.
Tarter moved 'fn amendment that
names bre placed In nomination and a
ballot taken In the usual way, the
motion was withdrawn. The follow-
ing were then Dominated: C. K.
Saunders. C. A. Nairn. A. J. MacKay.
Malcolm MrKa , Andrew Porter, Jos'
kph Whitely. H. 3. A. rMacIlwwn and
Wm. Walla... When all had with-
drawn their nine eveept Metiers.
Saunders, MacKay, McKay end Wal -
1 lace 1t was carried. on mutton of
Messrs. A. Porter and W. F. Saunders,
that these four be apps,int.d to the
managing board for the years;
1924-25-20.
I On Illation of Mears. .1. A. Hume
and J. E. Tom. Mr. Nairn WAN tender -
'el a hearty cote of thanks for hie
• splendid services to the congrega-
tion as chairman of tho managing
hoard during th peat thirty-five years.
The motion was carried amidst ap.
planae. as was also a similar one in
appreciation of the untiring and effic-
ient aertkea of Rev. R. C. McDe rmtd
during the year. whkl1 motion was by
e Mese.ra. J. 11. Mimeo and e. K.
'Saunders.
The appointment of the nsherq was
left with the snstlon, a motion to
this effect being moved by Mears.
W. F. Bounden' and J. A Hume.
Menem. J. E. Tom and J W. Fraser
were re -appointed *editors; on motion
r of Mestere J. D. Wilson and R 11.
Cum
t.
Over 112,475 Robed by Caogr epltioa
The amount rebel daring the year
by the congregation for all purposes
GODERICH, ONTARIO, THURSDAY, FEBRUARY 14, 1924
WAN 812.4711.52. There aretYitl on Un•
roil, fifty-one having been remove)
drone the roil duelists the year by
death rind eertifidehe, and fifty -Nix
laving been added by prufeenlon of
faith and by certificate. The num-
ber et nou-u-ti tett under pastoral over -
eight tutu's. 334. The number of bap-
tism was teensy three; marriages.
thirteen.
The amounts raised
meant. and organizations
church were as tull(rw'.r:
t'urt•eat Expe-tt•N'..
.Ml*donary offering
Offerings for apesial °Mesas .
Plate collections
Forward Movement payment 4
Arthur Circle
biles' Aid
Sunday Reboot
Women's Ml.e.ionary Society
Maetiiltivray Mlwion hand
Choir .
Adult Bibb• Clay. 544,97
Young Ladies' Bible Class :.7.47
by various
within the
8 3.172.70
2.419.0e
W22.71
705.00
421.75
713.1,1
4175.411
531.23
4'5.01
200.00
173.10
$1'2,478,52
The total amount expended through
the congregatlona I treaeure•r was
$7.277.111. The following balaneea are
carrhd forward into 1924 In the cat -
lou; accounts: General, 1275.1111;
mortgage. 11,00; relief .'uud. 8390.001;
Outstanding tiabilitite total $3,:100•
with $1.0(10 on hand to reduce the
amount outstanding against the organ
In April nOer.
FOR SALE
• • • •
The People's Garage
Vittoria street Goderkh, at present
occupied by Wm. Cralg. This (s
a money -making proposition for the
right man. Apply to
Phone 60 P. J. STAN
One Dollar
That is all you need to start a Union Bank of
Canada Savings Account. Don't hesitate if you
can't save more than One Dollar at a time. The
savings habit will help you increase it.
Small deposits are the seeds of success. Start
with One Dollar and save regularly. a
w
UNION BANK OF CANADA
Goderich Branch. F. W
RADIO PROGRAIIS
Agricultural Activities in Huron
S. B. Stotiiers, Distrirt Agricultural Representative,
Submits an Interesting Report of the
Year's Work Under His Survey
The report of lllatrkt -Agricultural
Itrpr,t entative it. B• Stothers, of C:hh-
tou, to the county council at Its rec-
ent e.e+alon wait au ezceedingty inter -
rating one. k Is quite too long for
publication In complete form, however.
no that only parts of It are given
below.
During the past year we hare hail
considerable demand on our time for
offkw work. The following figures
will give Some idea of the extent of
this branch of the work: Letters re-
ceived, 2.000; letters written, 1.822;
eireiilar letters sent out, 3,600; incom-
ing telephone rails .800; vteltorwe
700; bulletins distributed, 1.500; miles
travelled In auto, 12.000.
Seventeen meetings were addrettel
during the year, which were attended
by _1.340 people..
Sehool Fairs
The past season Lae seen some very
set•tt:sfu! st•hose fairs in the county.
The quality of exhibits during 1923
wae not up to the mark owing to
the unfavorable season for many roots
and vegetables. The exhibits of grain
were never eo large and of sunt good
WGT Pegram In Brief for week of 'tttallty as laat year. Twenty re•hcol
February 17. 1924. WGY. Seht•ne•- (alts were held last year. The eham-
(;eneral Eleetrk• Company.
I lunshlp fair at \\'lugham was on a
tady, N. Y.
790 Kllocyeleesl Met Meters i. East-
par with the 1922 fair there. Some
ern Btauelanl Time.Lthiety-rote tchocd* amt exhibits, out
Sunday. Ft4druary 17. 10.30 .i.da.- about slxty.ftre that were etiglble.
Fk•rrke of the First Methodist Eple'o r Th *school fair at Itlyth was bald In
c In 1 regular fall fair.
1Y/n un t u with the r
j
rat
pal church, N. Y.. sermon
Dr.
'hI tad Fi In this ease tilt8P11001• e1 fair exhibit and
1)
by the Rev. Dr. Philip Frick. fechad parade were the real features
11 p.m. -Program by \VCT gym. of the fair and brought forth much
phony Orchestra, Leo Kllweu, eon -
favorable dominent. So suctuxeful was
doctor, etiolated by John F. ch0ialan• our experl oke with this fair that
baritone. we would like to combine more of our
7.30 p.m.-eert ice of the First 'hath- ethcol faire with agricultural toclety
Mist Eph•o
.pal church, Schenectady.
N. Y.. sermon by the Rev. Dr. Philip[airs. We believe that this would he
Frick . good tactics in some cases as we have
Monday. February ]4, 7.43 p.m-' twenty school faits and ten fall faire.
Address, -Broadcasting. Ancient and This means thirty-one "days off" in
Modern." by John R. Taylor, consult -
to
fall and really looks like too many,
hag engineer. General Electric l'om• •
ttto many of our people. 1t IR affee-
pauy. 1 feting our a,srtkln(ea . hongil this
Program by Schenectady CJamb•p is not an unmixed ��de c,d►g as we
feel that more effective wrk could
)Lusk Bee Irty. %
be done had we no one -pre nt Pi.
Tuesday. February -19.--- 7.45 p.m----
Program by tit. Johne (student Sere- rept the teachers tial pn • k. MI-
nader«; Mrs. Edward O'Donnell. see lerwlpg statistics Will ape t; for t em•
Kano; Frank Davis, tenor. wives.
Wednesday, Fhbruary 20,43-30 p.m.- i Adults Child
"Adventure Story" (courtesy of Aehfleld 800
Tooth's Companion.) I itelgrave 700
Thursday. February 21. 7.45 p.m.-- Itlyth 1000 200
Wekome to new citizens by Schema•- Colborne ,. 850 ' 250
tasty Post. American Legion and Cit- Crediton 000 200
ize•n Committee. Addressees. musk by Clinton 1300- 440
tmeriean Legion Band and a chorus of Dashwood 500 125
fifty boys. Ethel 600 175
Friday. February 22. 7.45 p.m- (:rami Rend 600 200
Address, "George Washington." by Goderlch Twp. -1100 250
Reneelkt llatmaker. Radio drama. Howlek 700 300
"The Gamblers," by Charles Klein: \ erne 500 200
presented by WGY Players., under Walton 000 200
the direction of Edward H. Smith. !West Wawanosh 750 250
6,10 200
eted co-oprratitely. 10.haye_bt'en.larger
titan In any prevlonm year. What new
bualness tame in in film line was un-
sedlettel. as no special effort was
made to iudutw farmer* to sell their
wool In this way. 1t is the result of
the co-operative idea finally sinking in.
Farmers as a coaly are beginning to
find that cooperative marketing 1s
the imolutien of their market troubles.
All teeing well we hope to make a
special effort in 1924 to encourage co-
operative marketing od -wool.
I1sari g
the year we sent a county
team or nine men to Toronto to the
swine •oures at parking plants in-
troduced by the industrial and I)e-
relopmrut Couneil. These were chows
from the young men who had taken
!tart to our short t•ourses at Wing -
ham and Auburn the previous year.
Eldon Stoltz, Auburn. won third prize
In the swine carless class and Addison
Fraser won eighth in the same class.
In our poultry culling work we or-
ganised seven mebings at which ad-
dressee; and demonstrations were given
In the culling of poultry by J. '4'
Francis., of the poultry department of
the Ontario Agricultural ('olleie,
Guelph. We sire continually receiving
requests r for as.l«t,tnee along this
line. Farmers are taking more inter-
est In their poultry. PS it has been
one of the more remunerative liner. In
the late yars. With further refer-
ence
eference to ,gantry culling wee wish to rt -
Port the work done. by It. 13. Caldwell.
of I'etrolen. poultry- judge at the school
fairs. aris
During t
b • fairs he W118 III
constant touch with the fanners anal
had a large number of requests for
this kind of work, the result was that
he stayei in the district and culled the
flocks 0! farmers wishing the work
dour. During two weeks he wails able
to cell sotue 2.000 birds. We quote
this as an instance of the farmers even
tually coming to look on departmental
information as of technical and dollar
and cents value.
As this county is organized from one
end to the other with t'nittrl Farmers'
Clubs. it has been uunereseary to do
any further work along these lines.
At Clinton.:berseth and Exeter live -
Week almlppdng associations have been
formed and are functioning very suc-
tresfulty. These associations are get-
ting a large shore of the stock and are
Entrieal giving exeegent satisfaction to those
540 selling through thorn. In these ship.
600 ping aamociatiomo the farmer agrees 10
522 .h h all his stock through the a4socia-
5r,0 tion for a definite period. usually a
580 year. In this w•ay definite progress to
being shade.
10.30 p.m. Program of dance musk. Winchelsea
Saturday. February 23. 9.30 p.m.- R rozMer 500 150 407
Romano'* Or bestra at New Kenmore WI ngh a In 3000 400 325
Hotel. Albany. N. T. Zurich 650 2.50 408
Two poultry breeding Rtations are Id
operation in thin county, on the farms
4.
4:
456
500
506
382
900
580
572
> cmc of W. F. Finlay, of Lueknow, and L. V.
84111.1 et Hogarth. Exeter. The poultry breed -
There being no criminal eagles on Ing stations are becoming more and
the docket at the Rupreme Court sit• more a source of hatching eggs to the
tinge held in Gotierleh last week, the ,.nmmunity. •Mr. llogarth must have
traditional pair of white gloves peri diatrlhutel 500 down eggs to farmers
presented to the lion. Mr. Justice• for hatching purposes to his own
Wright. of Toronto, who presided at neighborhood. He also dIRtribmted
the sitting.. Crown Attorney Charles hundreds of day-old chicks.
Seager, K. C., addressed Justis.
Wright on b•lualf of the members of Co-operative hies Gaining
the bar present, congratulating him The sheep industry was on the up-
on his resent elevation to the Supreme grade in 1923. We bare had a great
Court °bench. Justice Wright replied many enquiries as to co-operative
■t.some length. congratulating the marketing of wool and were able to
citizens of Huron eounty on the ab- - intense Rome new men In this work.
Bence of crime of any g;ase impar- t We beileve-tbs volume of wool -mark-
tane e.
Owing to the lflne.a of Its. L. E. it
Dewey. solicitor for the plaintiff in
three of the eibfl eases on the docket,
the (hurt was unable to proceed in
these particular vitae., wide' n,cord-
ingly were formally adjourned.
Judgment in a fourths came of those
tinted was entered are ording to the
terms of settlement tiled. Isat Feb-
ruary Jamar Lloyd & on whnlenale
fruit and grocery dealers. Goderleh,
purchaned 660 Nage of auger from the
Dominion Sugar Company. of Wallace -
burg and Chatham. When tho sugar
company delivered but 400 hags Janke
Lloyd & Son ensued action agaln.t
them for damage, of 1900. The cage
was settled oat of court heyhe parties'.
the settlement being favorthte to the
plaintiff. James L. Killoran appeared
on behalf of the pinntiff, while R. Is a
Rraetln, K. C. of Chatham, acted NI
tehall of the defendant.
Chair Consort
Remember the old-time concert by
Knox church choir on Monday, Febru-
ary 25th.
Scottish Farm Inborlra Coming
Farmers In this district who require
Help are Invited to send their names to
thin office et once, as a number of
young Scottish farm laborers are ex-
pected to arrive here at an early date
for distribution In the Jturronnding
tow•nahipla. 3t.
Macdonald Gibbs, teacher of piano
Sad singing at Rove (burro. Set-
ordals, 10 a.m.. to mon; and 2 to
6 pas. t!
Improving Breeding Stock
Our scruiv bull campaign last year
-as carried `tet most Intensively Ir.
rnberry• and llowick tow'nshlpe. Pub-
Ik ,metinge were\ held in both town-
ehips, at Itlns'vale and Fordw�ichL The
matter was laid b re eat.t meeting.
at which it was r ue+ted that n
committee be appoint of ke•y men In
each eonimunity through ut the town-
ship. Thhece commiittetw w therm, the
informationand aa1isted toe lead man
when he wept into the town. hip. 1.
N. Ratcliffe, of the Livestock ranch,
who took hold', of thin work, cit • vas-
s.d both town.. fps and Interrie •e1
every- bedbow•Iter fq t'he district. Th
ready to part w•Itb poor bulla we
awdate•tl in securing .,new ones. When
the "better Beret -self,' train touched
this diatrict no les; than five bulla
were purchnosl off the'*rain for use
in Itowiek and Turnbrr -. The eam-
paign also brought some 1i -era to the
sale of purebred Ilveat Meld In
Win ham In .t
\orch. tine !elderly
t
goal piece of work was the ganiza-
lion 1.y !Mr. Ratcliffe of a a dicate
neer itelmore. Four neighbors •t to -
(Continued on Page 6)
SZVIDITTHEIVIENTH YRAZ NO.1
CANADA CEMENT COMPANY LIMITED
Annual Report of the Board of Directors
TO THE SHAREHOLDERS:-
etar Directors beg to present the fourteenth Annual Statement
of and financial position of your Company as at December
31st, 1923.
In the Balab* Sheet presented herewith all accounts due, including
Governmeak Municipal and other taxes have been paid. Provision for
the *meet of the Dominion income Tax for the year 1923 has been
mad. by adding s sufficient amount to Contingent Reserve; all other
e ssaemb net due have been taken Into the statement under the
of
Amounts Payable.
The volume of business for 1923 showed a slight improvement over
102. but Canada's consumption of cement is still 20 less than is
013 and was in 1923 only about 48% of the producing capacity of
Canadian mills. The demand since 1921 has shown a slight increase
and we hope it will continue to increase, but this depends on the
ggrroowth and prosperity of Canada and undoubtedly the present pro-
ducing capacity will be sufficient for many years to come.
The cement producing capacity of Canada and her present con-
sumption by districts aro as follows:-
Districts .
-
Preterit
Producing
Capacity
la Barrels
Present
Consumption
In Barrel.
Perces/4M et
Producing
Capacity Is
Egress et
Coawpei a
2ss%
4411%
6491.
IIMI
Columbia --
-- -LISS, ea
Lm IM
LIeLM.
11.0110.0114
11.120.000
34.555
slt.ela
LIW.SSS
2.340.040
7.013.100
Sottish _. -_. _.. ---
Alberta. Sashatebwaae ss. ii _ _ ___ -_
New Butmewlek. Bova Beads
sad Pelage Maud lsssaa_ -
_ -
18 11%
The situation shown by these figures was brought about by the
fact that prior to the 'war, your Directors; in common with others
expected that the increasing demand for cement would continue and
prepared to meet it by enlarging your existing hills and by building
new ones. 11 this expectation they were mistaken as there has bean
a decrease in demand instead of an ilerease with the result that Canada
now has a producing capacity more than 1007, in excess of hes
requirements,
Your Directors have from the formation of your Company adopted
the policy of replacing the production of your older and less economical
mills by building new ones, enlarging the capacity of your existing
economical mills and installing labour saving machinery. The results
are that your mills are to -day thoroughly up-to-date and we believe,
as efficient and economical as any in the world and that you are to-
day in a position to meet any condition, which are likely to arise.
We have before advisee) you that 'our Engineers have made a
•r thorough examination of the Maritime Provinces to obtain properly
of cement. Eventually
located suitable material for the production tris
they were successful, and in December 1921, your Company purchased
a site situated at Havelock, N.B., with the intention of erecting a mar
when conditions warranted it. We regret that for reasons, already
given, it is not advisable to increase Canada's producing capacity of
cement, therefore, your property at Havelock is being held in reserve.
Your Directors think that with your large modern mills wen
located and web distributed throughout the Dominion, and carried of
your books at a cost very much below what they could he reproduced
for, and with your income from investments and other sources other
than the sale of cement, your Company is in a position to retain its
business and do business at a cost v.hich will leave profits sufficient,
we anticipate, to meet .dividend requirements.
Your export business, thanks to the duality cf "Canada Cement,"
has been maintained, but under present conditions it does not appear
probable that this can be increased to any come>iclerahle volume on ac-
count of freight rates from Canada to the markets, of the world being
very much higher in most cases than the rates from Europe to the same
markets.
What your Company requires is the growth and prosperity of:-
Canada,
l:-Canada, and as the consumption of cement increases, we feel con-
fident your sales will increase and as your sales increase, we expect
to be able to reduce the price of cement to your customers.
Your Directors hope, considering the light demand for your. product.
results of the year's business will be satisfactory to you.
All of which is respectfully submitted.
On behalf of the Board of Directors,
F. P. JONES,
February Jewellery Sale
From the 15th to- the 23rd
20r% Off " in Gifts That Last 20% Off
Diamond Rings
Ladies' Fancy Rings
Signet Rings
Bar Pins
Ivory and Ebony
Cut Glass in Cornflower
Pattern
Umbrellas
Wrist Watches in Green
and Yellow Gold Cases
Gents' Watches in 18 size,
16 size and 12 size, in
plain and fancy cases.
Watch Chains
Tie Pins
Lockets and Charms
Cuff Links
Mantel Clocks
25/ off in Eversharp Pencils
the
President.
CONSOLIDATED BALANCE SHEET, DE( EMEER 31.t. 11211.
PROPERTY ACCOUNT:, ---- ---__ -
Land, Budldhna•. Plant. Enuiptreeat. att.. at wished etas
with .ub.equent additions. low 44pr.elatica lo date, the
provi t.., for the year 11133 haeing aggregated.
$1,547,273.13
1NVE3TME.TS:
Bonds
Stock held in, and Luso. is O110 Companies!-
$ss.tes./iS.4ti
_ . 84,347.7441.24
--
11.11211.433.411
CURRENT ASSETS:
Inventories - .._. 52.31.3,031:7$
- •
Accounts Ker.ivable .tae Rad Debt Reserve) - g'..1,207.13.$
13
Bins Receivable - - _.. ._.. 1212.621.53
1 4.51
24 124.
3.300.30
Cash - ._. 130,2H.4T
16714.334 Ili
DEFERRED CHARGES •1 0 OPEII41ON1 '-...................;,,11 12 r.Os
$33.1.113 11oe 1.4.•
,
LIABILITIES
CAPITAL STOCK:
Authorised:
Prr4erence--110,00.1 Shares 7^,e m
CuulatlVs at ,100, race $41.010,000,00
\ OnliShansi41
-190.000 Shansi of 00. sack _ 17 oke W
\\ 8•io I. in ha
ee-106.000 Shares 7% C31m811Uee of 51'00. each. tan. '08,,000.00
-I36,000 83.rw of 8100. each -. - Itge0,0110.00
$24,000,040.,0
GAGg SIX PER CENT TWENTY YEAR GOLD BONIfd:
i..
Pre
Ordln
FIRST 110 _8 4 „0„
Authorize da't and Imo. - • .
Less: Red•imed through Slaking Fund -
!. 0.l4f.si
MonT(:Ae;e ON CANADA CEMENT COMPANY BUILDUP:
CURRENT LIABII.ITIFK: 8,1,'.171,4114.19
Acco.nu Payable .. -
Bond Interest acct d at Deermb,r 31,t, 1923
0•a 00
Pref.rrd Dividend 'Air, 16. ;N7shM Febenary 11111. 1321 14,1.720.00
Ordinary Dividend 7$ tie paid January 10th. 17.21 - ',:M..d .l
RESERVES:
Fire Insuranea --_ -_ -... - ._ .__._. _.._._ $I.7 3. , nn
Mid Estra•.rdtnary Repairs d ne•wab _ ... _ _ , 41,1%000 1.1
\ Cotton Sacks. out-gardina - t;n,na•.fl0
'\Industrial Accidents r.r,301.00
coil tent Re - N r• portion cd which is ■snilablc for
Government Taxed•) - - .. ......__. .. .. ..0.19
Balance 0e December 31.1, 1922
Income from Operations and Investments for
yM, 1923 alter making provision tqr
deptr)tiatloa ._.... _.__.._.._ _""r•-'.$2,'2 ,1;1•79
Deduct:
Bond Int8717,644.811
Fite Ines Tyaaafer to.Ee.erve 10,161.72
Account ._.. _.. _
Cootinrent rvg .._ . 150,010.00
Reserve for Eil r.o5laa', aepuIrs 10.640.00
and Renewals ---'-..-_..
Industrial Accident- 21,000.00
---- 1134,01':.it
Deducts nivtdmds • 1;
On Preferred Stock -tees-- 11773,000.00
On Ordinary Stock \ /110,000.00
1.144.M40.0116
AUDITORS' RRPORT TO THE snanenOi.DERS
Ws lam e.amload the Seeks sad Arenunta of the Canted* Cement rt •.en imatd
tett the year ceding December 21.4. 1/23, cud ha'. obtained s I •r•r n.. , ma
hnv •aary�l
osplanati.ls0 .rkleh we have r•gdrml The profit, of the ve-e. n
arrived •t after d•d..rtien of Dq.elet4nn and other pros ueio.ly dnrwn up r•aitn e.he lw s
ths
our Opinion. tae Balance Sheet at December 11et, 192x, 1. roperI r., w n u •• n
• trees sad rnrr•rt vier, of the state of the Ceampaay *moby the hosts nt
the
of ser hefervnatien and the expluatb•t viten to re. mod a. dh
He Oea.Nar. mum. walbl H01'sz a CO edilera
gJamleeal, I.nuary stat 1114.
11,117.41•1•111
1,113 421.14
2,730.;"6.19
74
704.1:.0,50
itto7.4;
Ap5n.d ea bhalf et the Board:
P. P. 305418. Dtreetr.
R. L. DORM Dosses.
twee s Visa
Before the ceremony he wants to
know when he can base bar for h1a
own; after tie eereasass he wants
to know when Mauer will be ready
-San Francisco Chronicle.
Quite Ns deosble
Another big difference
tight -wad as good -fellow
a
the (termer sever MAY 10 we've dta/
roomy ofd the flatter Wag bttilk -
Raaaae City Star.