The Goderich Signal-Star, 1947-01-02, Page 2a•
0
1' DROL'COiINTY'S li OI1 al OS WIi 1 EA,Y
• Puhliab.ed bu Sffgmtral-Stara; 1141m4ed , t.
Oubaeript2,014 Rgeri-----COZatia.., sal i• creat 'klicttaien, $2.00 a • ,year;. tQ Umffte.all
ff
Staten, $2.fitD. .
i int?t+.) il11 Rated OIDr request. ' .Authorized ars second-classmail, Post 0
Deltas tuts' euat, Ottawas. Telephone 71
!Wernher of Canadian WeetsLy* Newpapers Association •'-
Swvrta 'Circulation Over 2,609' • •
W. !t±t » IEt1;Q;1)1,3FIRTSON ° _ VINO. L. I! LL.I S
TIIQ"RS1AAt, JA.NI:'Y 2sai1, 1:347,
•
LOOKING
� AT THE NEW
CALENDAR
• ]1 verybody liar bed;u wishing evc'ry-
"I Lady else "a happy Ned, hear ,--and iu
a great many eases,, we fear, letting it
go at that. In a large measure people
roust hind within themselves the sources
EDITORIAL NOTES
Nineteen Hundred and b'orty-seven
Old Sol is' again headed' June-
ward.
une-
ovard.
o o
Saud in thte bearings makes for
oP happiness, and if one ,didnt find
trouble; but on.the icy' sidewalk it
o makes for safety. Let's have more
mself any happier on January 1st,
-4$11FEN LAZY41EADOWS.
' k By Harry J. Banda
AN EMPTY COURTROQ➢I1L ,
1 went tot tie county town,' just
fdw da4;s ir,'fore Christmas, to see
lawyer. 1[t' was, just one of thus
routine trivia a person has to InaL
every so often, , in order to clear u
a ,lot of petty lege 1 matters that a w
have a habit ,of' letting 'drift along.
The yCaung lady in his office told w
to step over to the court house an
bee him and she gave We a folder o
papers to take with me. He was bus
in Magistr'ate's Court on a case an
tasked ,ale to §tep into ,the bili eour
il'outia and writ for him: The coat
room was empty tand I had a goo
opportunity to observe, it in cath
Minute detail, Vsilaally when you're
a courtroom the place is full of VON
those who are concerned ,WI
the business at hand autl_._thosa' wh
toile like wolves after a stricken dee
because they smell blood:
There's something about a ••cour
room! My experience hi them, fo
ltt�4`I, than "he was, say, on the 1st of
sand. 0 0 G which I am duly thankful, has not bee
lYoventber, 19iCi, it was 1►r0bub13 pretty I' great, but I `tan still detect the saint
The weather forecaster at Washing- ness in )111 of them. Perhaps ' it ma
a1 Inch his U\vn falult. there a ton. I►.t_'., issues the 111100 lit• warning, 'be the severity of the p1ilt�c' or th
This is not to say that tel e -Beware of 1:►I7:" Nell if. 11)17 coli' iitlstY windows. On the other hand, i
ao external causes affecting our hal) ' may:. be the furnishings, which look', i
play any more trues on us in: the way must rase, as if they •ante from
pines one tray or the rather. We sllomu. • r.
. of weaalrur than the last week or so' seci)nd-hand sale such VM Noah ma
all be happier if I:ur'�ha' t ru)li:t and,,,t 1t►II; did, it will be a ripsnorter. have had when he steplbed out on th
China . would set tie 11.,w .1. and ticv•p dry land and figured he had tau nine
But don't be alarmed: : we don't et +
quieat ; if itl 0tlr otivll '< ra:t r3, . �lhc're I �` e, furniture for light -housekeeping b
ear Cather frons WS'ashington. cause his Ark passengers were dash
were indtlstri�l1 ('onttentll contentment .111&1 I to &
r 4 _ t inn- I)ff. -
a -'n rimi :we''{'.-:n4.P.l' r
-and t
�, C71$ l 4' S ..
1 e ._.•
r»�'+t;6�c.�. �, n,..A,.:�; �,..,,:rmriaa-:,._,. ... .. .,.., .,.�,:..,, :n .y.'a*gf':. [,,�,�,�x:t�r! setYv+,' ♦'y. -»��I#�...:^. t f�tYl` �1:�.., _'C13'l�',(� -and i) �•.
a :.. q a is .o. .. �tr ..._I�` Ji. Hv�
�__:.� �� m .o*`l��f`�' »,�' �,.._".' �� + �_ r n„h-" am
n T yf - ah.tS'. - '-i'aa. l:` - .. G 1 *'''_.• .. _..ro = founded l maul ' feet r ' F, rr
,. trout 1 1 'sm,,ith♦..:.:° t.c.rer tui , Ire tat : I a u r e,zsurses . t_ i � e t. LII I u a> h
:..111.1-1,4",---,..J.„.:-.-1,,...-„.';,l t. r-irer. er
3
p..,-, n♦IiTtxti'ili)cs of farmer• called ti) sere
atlgar tgert', 1tI ttth,slti;I►l�y, u'uci 'siu""tS�Yi:��.
1 1111 .
1 ad,I under the , 1t ti t IY1ncn _ c- '
t I
I 1 T' �' ( 1
t l atv haf•t , •c � •
x i •a n c c
1 ulf'
. hese
1 ,at•�
that cd it
over against ,t
r1t e
r
11.11111:atiuu plulY. If iI,3� dal Is afraid The* saint wind, the sinner have al
bother us we t•un reflect !ha t, taking that Ili coaillt v may l,rel�tls; to t'=1v,v fidgctt� .aIld faullbled' u11 • the has
' lah
THE GOIWRiCH SIGN/A-STAR
Prospecs foi Locai Merchants ill -;
�; r
Wh;a? are the larospecta fo ' busiAcC.`3
for local tnleretianta nun W17 r' is >~ e
slajecrt of a Utuely article in the
magazine "The W�'eekly Editor."
'1'�lae
writer, voiuey .Irons, pictures
6 'himself as a weekly editor and ads
dressei 'the t.oca1 iuerehnuta ,as fo lows;'
Ir
"Pale thing is . certain. 1C'ou'11 have
amore to sell nest year than this cyear-
e nota tot, mark you, but definitely' more.,:
d
Manufacturers would have plenty for.
you if raw materials and •skilled
f workers were easier' to, get, and, cell -
lug prices weren't chasing so 'many
products out o1 the country into export
t- markets. Most of ,the strikes may be
t- settled early in• the 'new year and a
d genera's settling (WWII ;to business is
er,a ab fairly sure thing. But stocks are
ial•: low everywhere -you men know that!
e !
It will take time to reach reasonably
normal ;Stocks. A handful of various
o produets scattered throughoilt Canada
✓ isn't helping anueb. ' . -
"I rent} recently that 200,000 more
t- case'H of Salmon • will be released to
r; dotllestita allarlcets in '47 -that means
y(A haw li1tD, ► l \•
"As r'� an,te l lines beeo ne availt�bge^,
and. you keep cle l? ing out, your 13 eXVe3
of ttbe border-line,iaestlltl, Your advertia-
in . ween � .tura`liy swing brach to its
olai-t' ;hue flavor and fervor. 113y then
you, will'have picked •up p,�itoret. ideas,
Wewer• methods, sharper angles to prat
power behind a str.ou er sclero ; .Pro-
gram
ro-
graam'for normal times. .I'y the time
that .bugbear "depression" is expected,
you'll have your stocks clean, you'll
have realized better plrofits because of
faster turnovers -and' You'll b& sitting
pretty.
'That's my guess, fellows. If any
of You think differently, it's your turn,
to declare yourselves 1"
For National Farm
Forum Discussion
Subject for Next 1V. onday Night -
"Farming Is's, Risky
Business"
' a total i f- ►0x,000 for all Canada. With _._;,._.,_. .
-1.;1,000.000 families that would mean (From biational Farm Itildi0 h ovum) `
3'' about eight cans per family for tht t It is • estirnated that Canadian
e;yealr- -i if the hod rcqug, hounds don't •
t' get there first !. Each 4)11e• of you can farmers lose over +,2'2 million annually
h name; several other c•omulodities fu the i frehn ' weeds and that the sit -wily has
a saltie situation- rust Western farmers • around $30
,V,! ' _,aur customer's have the money and ' million yearly in wheat. losses. In
O the (1) i11' 14) nay. The st't-tlp 15 pt'r- SaskatcbewaaI1 alone, farmers lose over
h' foot for a bumper- business year -but ;1;52 I1li111OI1. ai year from hail. • -
e- 3•ou can't self, what you haven't got.1 Thc'se are some of the reasons why
- 1 1 cit when 3-ou get your quota there ! farming is a risky btlsltioss. NNio m€ltte'r
is 1)01 enough to go round, and' you what kbid of farming you d(►. -you face
d 1rrrY= fr)c(j t'rrctC►rut*i «°lrr� think- von' at rit ks of .went her, --pests, 'and, disease - In
r�
b. (liseI'intin,lting against them. )`rung additioh to the hazards of lire and
e �)l)ti)':)1 goods to automobiles, factories'aluctuating prices that confront all
businesses ti
. E, SC m ti
aaat 01s oIe or 1c.�.
won I hs))
behind 00 orders-. ltet rs. �u
nlc,,
1 a , •• ,r I (';oine - of the '''
1 l Lant lt (ln,m„ d�,�vn because they � c farmer's risks can be
c1 cannot reconcile wages with ceiling anticipated and thus beaten advance
�SDA S.p r, AI Y'Ali 1 » (1, 190
JtTTJJE NEW YEAR 13Y Elie:
INGOUT
.About the -Amazing New
tear -
thing:' by and large, our awn.c•ci)uitry I Keith learniu►,r, a little calculation will wooden benches and chairs and rubbe
is perhaps the most fortunate and last Orel) into the_wood. The whrile l,lac
show that the a vera go fora town the, has been buffeted, polished and dirtie
troubled in " the woitld ; that ..day by , by fall mud and ,r
sizt of Gode rich is only about fifteen,! .print rain ,end j
day ve have More to eat than we and his nunlbi'r added to the, ilumlber ,.has soaked up summer heat and wiute
need ; that violent Sto1�I11 and flood visit ! cilia,
Unive
t19 ' seldom ; that Ily.:tlru will probably ,)f rsity men eve ;alrea(i� ha"i -_ Nervous fingers with jacktiifes an
should not cause the mental blood hairpins and , other weapons haw
not go "off" again for quite ft while. pressure of - the romlnalnity to go up etched names and meaningless design
' and that a reduction t)f the income tax, alarmingly.• • ,o11 the oak chair ,handles, and bene
is promised for this sear. „ 4 backs. A lonely spider, waiting for t
- - spring assizes no dot,] >r., s...hus.. on
So,balancin ::ane than w th another, ._ _ Y•� __._ .,-_. 1.� y
g ( Itis a matt`er_uf;-ter.• „- ei:un�I r
,._.,'_..,..._�...-,.,,_... _ _. prz..lo I►._ a�con'tictlon stretc:k�Ini, from the gigs
sve Have good' -reason to be moderately-viSitii9 "the thriving.ttiwir1?' t: `lrarswSµ4 flnf1eller to. filar dais on which_ th
happy air far a's•esterllalls affect us, and I judge sits. �� - .
and remarking its ,pleridid buildings, 1;verl e cie51c from 1be71int1,, whit
• et is therefore up to each one of us to to learn that it ha; no hospital. Re-' the j_ud e dis enSes '
instill within himself as much hapiii- g p justice arVe
Gently a proposition was placed befclre, �escataed marking. "J.D." has cilrce
ness as he can. the tu�yli that, as the city of Stratford deep into the wood and then, like
With which reflection we pause and was planning the erection of a new
schoolboy, he had marked the whol
wish every reader of this column 1 l thing very ,carefully with ink. Some
hospital, in which residents • of St. body else had drawn a Caricature of
A HAPPY NEW YEAR: Jlary5. would °•-receive treatment mala, possibly a lawyer who had .net
•
'from time to tithe, the stun of y' ,000 tled justice.
shutlld be voted as a grant ,bv St. Jlarys That courtroom smelled of people
t and legal words as drs• and dusty and
BRAVO, MR. KELTAY! to the Stratford project. This was profound -as could be found anywhere
• placed before the property -owners at in the world.' The room seemed to
• The announcement by Hun. Russell the recent municipal elections in St. 'bear witness to the pleading of -accused
T., Kelley, Provincial Minister of un. -
Marys. s, but was voted due} r1, decisi•a ely, people and the arrogance of others.. ..
Health, that ascan ements are of happiness of liberation anti the un=
g.being This lea,}des the way clear for the town happiness of the guilty.
made for .the training of nurses in the to provide a hospital of its own, and It was another courtrooms . . an -
smaller hospitals is received with we judge - from comments hi'. The other place of justice, •
gratification by those who have. been Journal Argus that the progressive
,a NO EXPORT 'BUTTER
urging etiich a step. community, which it so welt represents It has been reported frequently that
y Many young. -women r
d prices- :and tutee anything -left over.
e All these problems will smooth out in
d time. 'I'o expect much difference in
t the next twelve months is asking a lot.
..,1'lIc'rt1• is al -general apprehension -of
a depression coming at any time, even
d sucidrn0-. The men who are in a pest -
tion to know say we are , okay until
aat least 1950 -three years away. It
r
looks as though you can bank on that.
ctllally all I have said up to this
a point is that you will have 41'46 _,year
In "y47. I think that's the picture.
Thank you. fellows;'.
e
hI "A
th `
What's . to Be Done in 1947
h Since the writer stated that in 1947
t the merchants would still be sitting -in
the same boat; •lie was asked what the
a 'merchants could do to better their
e position in the coming year. ° The
reply was as�•follows :
a "I was groping someone would. ask
that. There has been • a tendency for
It will give m . 3 g. will before long dace before it a de-
• unable to,t-ake training, ill a city hos,,- finite' proposal for the establishing; of
pital an opportunity of obtaining a hospital •as a complement to its ex -
nurse's qualification in or near her {sting civic institutions.
home community; and nurses so -
trained• will rank creditably with those "OUR HOME AND NATIVE LAND"
from the' larger institution:;, In a . (Calgafy Albertan )
great measure it is tulle that nurses 7'he other day we noticed a group
are born, not made, and there can bel
little girls sitting on au unfinished
go. doubt , that in the circumstances of 'Idea atlk in a barred lot. At an up -
go,
ended apple box in front of them stood
recent years many "born nurses"have
another child. She was the "teacher"
been debarred .by the regulations from and they were, playing school. Nothing
entering the profession in which they very,tinusual 1 h
e the esa(zns _ .began ..ire Ing: To.
The new arrangements for training were surprised to see the children to -5.6 Brillion pounds, of which three
Canada has exported important�quan-
tities of butter to the United Kingdom.
That is not correct, stated J. F. Single-
ton, associate director, Marketing Ser-
vice, Dairy Products, Dominion Depart-
ment of Agriculture, and chairman
Dairy • Products Board, in 1ln address
at the recent convention of the Ontario
Creamery Association at Niagara Falls,
Ont. No butter,'he said, had been ex-
ported to the United Kingdom, al-
though no doubt relatively. small quan-
tities of Canadian butter have been
provided for ships' stores, and those
would be classified as exports to the
a bout t at countries to tS;bich.the. ships were sail -
could service.. Rut before willgive excellent t t 1 e,tag-quotas
d estHbl s
established amoun-ted
stand. Then in unisex' and _.without
now to be made also will tend within the slightest trace of being self -con--
a comparatively s ort time to,,relieve sc10s the- jr,[gs
ttrS tI•ealted..th0se in
the shortage of nurses throughout "the the neighborhood to a sweet and sincere
rendition of "U Canada." -
Province which so innc•h has .been The voices were sweet and perfectly
' Beard the last few years. in tune. You could tell from the way
The plan now announced will there-' they sang that they (lid so, iecause they
fore be of all�'rouncl benefit: and' the knew it. was the proper thing to do and
-possibly Inort-because they liked
Minister of Health is to she congratu- singing the anthem.
lated !von overcomi r = fly' obstacles he•
had to -meet in its a i�,, tion,
SCHOOL BOARD BUSINESS IS
. PUBLIC BUSINESS
The' Seaforth Expositor is another
paper which expresses" wonder why
school board members do not take
advantage .of the opportunity presented
at the municipal' nomination meeting
of diteuss1ng •sc'hool beard affairs. It
says:
"Schools, ;Intl everything pertaining
to their management, art' naturally of
• A TL1IE. TO PAINT -
(Simeoe Reformer)
A widespread campaign for the paint,'
ing of farm homes and barns is ex-
pected to develop across Ontario next -
spring; Much badly needed painting
was delayed during the war years
owing to ihortage of labor and sup-
plies. -With the average farmer today
in possession of• a more ample income
than for malty years, the time seems
ripe for a painting campaign that will
brighten up the rather drab Ontario
countryside. We have frequently seen
0oniparisons. between - th - appearance
of..farm 1►nilding*. in 111is Province and
those across the .'• border, reflecting
rather -:seriously on the enterprise and
intense interest. ,to "very_ parent,- and _l;r.i(.le • of our Ontario farmers. It is
usually are. ' They should he of equal: time to rectify this condition. At the
interest to every other ratepayer. be- , saute ti.rne it is hoped 'that many rural
cause that is *here a considerable nor- ilweflers will take the .opportunity to
.tion 'of the taix money they contribute re -letter their mail boxes, so that the
is expended. And, usually, '0 consider- owner's.name will be legible to the
able interest is ,manifested. pass4'r.by.
"But too often :school. boards -view
themselves ori closed corporations. BENEFITS FROM ARTIFICIAI. ICE
What they do and say - about the ARENA
schools •and their management • is (('ollingwood Enterpvise-Bulletin)
'looked upon as their own business and Beside the fact that ('ollingwood,has
not that ,of the general 1)U1►lie, And a lengthy hockey tradition of over
that is very far from the truth. half-a°=century to maintain, 'in which
"It is not ,asking too much that at nowadays tier representatives are handi-
least once :1 yen r• the chairman .or a capprqu competing against those who
member of either of the school boaardsthave early and steady access to arts=
give a resume of the school affairs ficin]. ice. there Is the value of bringing
for the year, and the nomination meet- to this centre• a great manv outside
Ing is the time and place for it. We teatns. These conte early in the. season
are not even hinting that School boards, for training purposes and bite to stage
out own in particular, are lax or their playoff fixtures.' It follows' also
extravagant in the management of that hundreds of supporters of these
sebool affairs, 'but they are the teams some along too, all of Which,
custodians of large sums of talc money; besides leaving revenue dii'ectly to the
an(1 the people- who contribute that arena, provides local b1isiness 'with
money should be given a full report of some return. This; fall it has been
that custodianship.') practically impossible to obtain prat-
-"We would go still farther and, way,' ticWeirs in Barrie arena 'with.no less
as we have don( ,on ()evasions, than -,eighteen teams seeking accom-
that a full report of every board meet- Inodation. hockey leagues of rasions
ing• „should be made availabl€s to the descriptions, ages and sizes now
lotsitipti Teras for pulil•icafion.° There are blanket the Provinefs and their needs hi
clt'0asions' that arise, at -times, whir e%uipment, transportation and servlees
If reported would. not prove. ]n the beat keep a tremendous 'amount of money
interests of either the schools or the in circulation.
"town. Noturally the8e sea:'li a (1vision Such a('eornlnodation in Collingwond
i11 «snunlittee of the resole', brit tlitit eo1r141 provide P41' many other things,
decision 44110111(3 be mar. available to 8ne11 as regular slating bolus for
the txrrlolic, along with 91110l'ie$, repairs, children, ensure ice for skating ('a1•nb
etart of 11plleep ,and reri(Craai manage-- Natls, and (0111(1 19' 11ve(1 for community
1110111. evehts of carious types at :all sonsi)ns.
"And the simplest. safest and moat Stressing the need for an arena
easonomleal Way to ec,nvey this Inform- Newmarket The Era hays in part. "If
Ohm to the ratepayers is to make it' Newmarket had artificial h'i, it wo111(1
available to the town papers, the x111110` Worms the merc:1 of the (listric't hr,(1t4
att ,
E, done by the toi,Vil council." teams with their ('0119('(gllent fevc'rrale i.
a.
t,
million - pounds was "cooking"- butter
of such -low quality. that there -was no
market for the product in Canada.
Quotas of "table" butter totalled •2.6
million pounds.. The quantity exported
will amount to about 1.7 per cent. of
total production of creamery and dalry
butter,.
There would be skafting six months of
the year, with fuller daily use of the
arena. Maintenance costs would be
lower. -.Artificial ice would enable
Newmarket to serve as training
quarters for one of the professional
teams, and their business would be a
pleasant 'bonus for merehants. • Ice
shows, public skating and hockey, as
well as the town in general, would
benefit." » '
---for instalfeci,,, by. tiie spraying of fruit
trees. About fifty per cent. of • our
apples would be -*tinny if the trees
were not sprayed. Special varieties of
wheat have _keen _ bred. and.- are --now
used to resist the wheat hazards of
)st, rust and wheat stem sawfly
-Contagions diseases of animals are
controlled by ,the Health, of Animais
I)ivision of the Dominion Department
of Agriculture. In animal disease con-
trol Canada leads the world.. Because
of--carefitl inspection ' ij goverilme"1at
regulation food -and -month disease is
practically unknown. in Canada. An-
thrax and glanders 'are rare. Hog
cholera outbreaks' occur sometimes but
are • quickly brought under control.
_Nearly '300(1 herds are'under the super-
vision of the Health of Animals- Divi-
sion foi the control of Bang's disease.
Bovine' tuberculosis is well on, the way
to eradication, Under -the three plans
of the Health of Animals Division
most of us to advertise the regular there are 34,836 supervised 'herds, 8,332
bread-and-butter items. That's the fully accredited herds, and 300 ac-
standard, logical way to carry on, eredited areas in ;Canada that are free
However, I'm going to suggest to you of T.B. cattle.
that you go to your Shelves and racks Crop insurance and hail insurance
and storerooms -and dig out all the
slower -moving merchandise. Polish
them up, put a new angle_ to the selling
phrases -and move thein by persistent°
effort. After all, we don't need to
advertise the short -supply articles, and -
at -the moment your customers will find
the standard items they need.
"So, I would suggest that you dis-
play your slow movers up front where
everyone coming -in'to your store must
pass them to get .back` to the needed
articles they' -e eome in for. Perhaps
your wholesalers Cir manufacturers can
ci1pnT, you"' with .cats„and copy on the
slower moving items, to help:put over
a real merchandising effort. You see,
if you all 'were to go into a concerted
drive of this kind, a tremendous. lot of
business eould he stirred up, favi• right
now it is better to glamorize what you
have to sell, than to apologize for what
7EYO1LOS/Nr:YDzR
.FIGHTWINSTOMACW-
TROUBLEE
CAUSED BY
EXCESS ACID
it ordinary sugar-coated
pills, laxatives and alka-
lizers fall you, why not in • •
fairness to yourself, fry
PFUNDER'S TABLETS!
Many us-rs praise them
and !lading pharmacists
econunend them highly.
Pfunder)o Tablets have won great tame for
their results even in more severe cases of
stomach trouble caused by excess
You can try Pfunder'e Tablets for 15 days
without the test costing you one penny.
Come In for FREE Details end Trial OR.d
, Campbell's Drug Stores Goderieh
for Relieving MEseries of
Childreni Cotds
,More than two generations ago -in
grandmother's day -mothers first dis-
covered Vicks VapoRub. Today itis
the most widely used home -remedy for
relievjng miseries of children's colds.
And here is the reason.,,
The moment you rub VapoRub ort
the throat, chest and back at bedtinle
it starts to work two ways at once -
and keeps on working for hours -to
ease coughingspasms, help clear con-
gestion in cod -+clogged upper breath-
ing passages, relieve muscular soreness
or tightness. It promotes restful sleep.
Often most of the 'misery of the cold
is gone by niorningl That's why
VapoRub is so good to use when colds.
strike. Try its
E
GS
•
PAY HIGHEST MARKET PRICES
FOR EGGS AND POULTRY
TO receive top grades may we 2uggept that you bring in your
Eggs FRESH ,AND FREE FROM 'STAN. o.
AKESIDE PRODUCE
au
Feld Ryan's Feed Mill ' Your Satisfaction In Our Success
•
OSAe rA.l°h
AND SENSATIONAL NEW
ZE
1947 MOTOR CARS
THAT ARE TO APPEAR IN GODERICH IN 0.
THE VERY NEAR FUTURE
FOR FULL PARTICULARS -ABOUT THESE WONDERFUL
NEW CARS r u
- -PHONE or WRITE
.THE DISTRICT AGENT,'
AKEROYD,..,
J. W. at
Akeroyd Sales and Service
PHONE 440 GODERICH
MAY 1947 BE A HAPPY AND PROSPEROUS
NEW YEAR TO ALL •
are badly needed in the Prairie Iro-
a-ii ces.__ where _ Lr.ost,.._w.ind4._ hail ":and.
_drought_are the great°enemies of the
farmer, Under. the Prairie Farm As-
sistance -,Act the Dominion Government
offers a form of crop insurance. The
Alberta Government sponsors a volun-
-
tary co-operative hail insurance plan
under., . Jnsbrance
The subject "Agriculture Is a Risky
Business" will be discussed in National •
Farm Radio Forum on Monday, 'iFanu-
a ry 6, 1947.
FOR GOOD HAMBURGS AND DELICIOUS COFFEE 10
CORY'S
WEST ST. -AT TOP OF HILL
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_ T H E •N R4r44BANK
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General Statement, 30th November, '19416 •
-
ASSETS
Flo es of"and de sits with- Bank of Canada 0i---.7'1-64, 618,647 54
• " Other Cash and . Bank Balance ` 154, 072, 826.63
Notes -of and Cheques on other Banks
� . 66, 905,144.83Government and other Public Securities.... , • 1,098,880,239.00
Other Stocks and Bonds 65,269;639.64
639.64
Call and Short Loans fully secured 59/995,668.76
.,
- $1,609,74'2,166.40
- Commercial Loans in. Canada 309,803,314.50
Loans to Provincial Governments , . 1,008,853.91
Loans -to Cities, Towns, Municipalities and. School Districts. 5,199,042.39
Commercial Loans -Foreign 105,064,911.28
Bank .Premises ..... ; .10, 455, 268.21
r- -'Liabilities of Customers under Acceptances and Letters of
,
Credit 84,246,045J 1
• Other Assets.... • . ' 6, 454, 714.77
'
- `Total Assets • • $2,131,974,816.57
LIABILITIES 0
-..
.
. $ 5,679;439:63
Notes in Circulation • tl
Deposits • 1,•963,103,951.92
,
Acceptances and Letters of Credit Outstanding 0 o • 84,246,045.11
Other Liabilities ' "' • ; . 1, 722, 950.69
0
Capital -- .. • 35, 000,000.00
Reserve Fund - ' ' -'.• 40,000, 000.00
Dividends due Shareholders754, 515,14
Balance of Profit as per Profit and `1LQss Account 1,467,414.08o
r
•
Total Liabilities $2,13'1,974, 316.57
•
PROFIT AND LOSS. ACCOUNT 0
• Profits for the year. ended November 30 1946, before Dominion Government -
taxes, but after contributions to Stiff Pension Fund, and after appropriations
. to Contingency Reserves, out of -which Reserves provision for all bad and
doubtful debts has been mado,•..... , . - $6,906,386.52
Lomm provision for Dominion Government taxon $2,058,000.00
. Less 'appropriation for Bank Pretiaes 830,491.01
„W
' 2, 885, 491.01
Dividends: Na. 234 at A $4,020,895.51$700,000.00
% per annulm, ... m '
No. 235 at 8% ,per annum.. .. ' 700,000.00 •
•o No. 236 at 8% per annum 700,000.0Q
• Na. 237 at 8% ,per annum 700,000,60 '
2,800,000.00
Amount carried forward $1,220,895.51
Balance of Profit and Lona Account, Novor4lor 30, 1945 5,246,518.5?
p.A ....n - . $6,4610414.08
bra forrod to Recertro Fund ....: 5,000,000.00
Mance of Profit and Loon Account November 30, 1946
k 1,467,414.08
- SYDNEY G. DOB ON , JAMES140111,
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Prcoidout Gonoral Managor
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