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8ory C ofteLAlp et ft R lton ta',Lou!mýErc-u Thýe Board oSTracle and i ts -Fine Duil n-aaunMi n- tng ciStcks AePaýpular-To-j cont Inur'nceCa-mpanies AeSolirtI and Are Rahn The history of hankiig in Toronto ýnere-hants îantireiensn'r ior- rpoîstef u s thie Upper Canaa akingý comipany. Aa in t'le case<oi' Bis 1f knta t mseofm Hmbn1urg anti thtse Ihalian ihistire ioicause ut the originaion of the tiret Provincial huit n'as the effiort ho escape the'evils 0f a varief anti tluctuatieg clrculahing mnetium. irev nl Upper Canada there n'ees also Bie neef ut an instru- menfe ex'change ies ceatly than speieani ahope, by th?, introductioni of cedîtorgnizu oa la omeforce, to pronotde thJ pesrtyanti atvant- uge 0f coierce anti agricubfture. T'hA lintset te th, aptaof the Upp.r Ccia Pnkiin 1821avs 20.00,but buter, ah he re --fetheS Bishuaitnicf, la 193 _tecpital, baving bceen fouati gecterthu <o circumhncea uhe coîn-,teerce 0f tr'I iitt nreul d sJc rehce e£1000.Ude terme et atsncharte ,ltehatn'ak ob locatef ut th'.st fGveaetw ea.çîcsaauhocit, hweî'r. o ech îîu or d o he adnnua1v8 ls r uc of ttla he charter. untilsl ay- cruauastoauosriet fr o th, 2,000 fiae hoti ho 1< býy oIbth charter. Win hhe reuiredlcan men hioshecmin tefcneroha orizetmýiltqapoy(i nt u e ittece)n tact theefoe, tse Pnit0f UperCn nf a hcae Provicia at. A sc tiulmeoply0fpo-eisusn 5oOf- jihlting hna otreeeiiathi fren arrîa o huiîeaithce l 12an131te eThaiv e.i erjeohefa blillpepes,i t ),rpr the priacIple, ever theýeatter te obtain la Canada, that 't l icnitu 't a due Yregard htur rtcine on ai-ece anti the itie nise-i OcriIy utn h PfiCthhr la t any person orl aumber 0fC persone, Some e0aaio> ema betiftiuhfîul soi- veiucy, soufbeahecd uiheteg- isiati î >.autheî'ity, ho issuetilirpromlis- sOcry lnotes foriclcultionas oacy." A zupmmary stop nasput hot,,el ji- cennUhe noptes nufli anti voi. Da 191 te one f A Scebypse bill oenbe b lceie Gnrs o base bani ntesobagealeon the pubbic. A ole cmmrcela185 e vniL habt1o, th1 bq s t ilbns Tirh,, oig erLodGsnlPrin- cipatl Secrharyof 'tahefor tise Col- oniesý, rflyalirscef the man inl n'itb rpect o bsýmngani(Ur cy acquicet ishuuory terce, syrecving the'y cm ocetet iensof this n'as stii'i y auhcqutpro ecedaga.Du'ing b-e esso f 13637 his n'ecepasfhiceaetegc- ir this Proiccneilgcl'40 000 peopha ri 1000 o£500 andt o contera poverof einnos toIr vbm clentcf "iOhl'0SIir , ofntsnee at fte ce e anote tenture etticihnus o mate he Pro <4 ppe Ca aada. ,Nene et eata wraLoneti t ikbge cd' e bu-t aIlaver i,, afel-r(,hart o tire-enlul legd illo feT oeh e e naiderhio n . Pcf riris!e caie nt agein m-1lel '3a regular 555 calth-, the bcitia exctemat oc cheOnt aaio oc f dueervfhii n'asere-enactaf he fhil a 'ic h usinessu areforhy he Upev Cnda hanta the Otane uaits0f h-da nerTfue- olpi. 0ning o nslw 1l.,nniahin oeao-r Nn orl apece, ofaticlly kistcyarl t-dy.the ihy, bonds aed gstck lIne-roine castim ýhanshobemie po en o mreenosm asanitaver louas slcurei ih ý documents. Ta ýt Ire ile P oil Ceaiicathe ,I-,ï ity, in or- niea o bes d-giseti Evts rov'-td bnp oi' tins, 1 couldicoitifo ninet <fIys, ihir . lcehoreir paet 0 oedth vrytbê c , el- e4' -- --. t-----'j --t- de.A prIv'te hait, stacheti erta ra la 1h34, nas, ln tact, ovcr hy a grouli et JR feriaers, pany. Botus nýthe Pres>ideý,-I>,nd nt illat plrty, tise di ýauppo, -ilntef e c eft tehai niinDcm ýhe fI>iant 0fthePlepîsq. lEh n'as u eor n ach t 183 adclownr Actecrican iroînCer c 0Unetimpoiirt 01 ti. s tcntOit i e-tiiiiii UiLîhn i dt suarcîciur T-1nenorci cj iAcLous sprcle trena Nîw Yct.i. rctikba.bas preepecefex'-djiîg2y- Tho (1- le oro -.ci'MeseS Gni. Gofor Oa Marcla ï,!1pu tire Pnit etUppr icriePunkIt m ba cdli Me ai fceii ,uh., m. Pýý s!' a; Wn. - eat",'icP Caïnadaapplieti ferutrtuhosus- Turonhocvr !:,c 170,ybuureviona pcdat; Ileny Cn i oyt lRe- cimaaeditciyThe -tai aen ut tW" brs ita', s mc ouei1 87alb uicdGog .i'e.TrmG, u exhpjedia lh ise Oit 0, cf nteIssesdur uer s c.Ch'ýIdes Mc Gilil. Ia 18171 treTc,at rnhis in ca tmc.rW. iag tesseso ho twlce 'the puiti oanoPu a- tfmm-fi.Y1h basle.adsnort Tise capial oflthe huai ulp cupIitat etthe nepeneti anta- A a puiti up cap"ital cf $.0000,atiM' la$20000 nlh a rest tlnt f nul.800 clause n'bichluorbade tM a nksta e iW R. tD. Gand!bethe gmeerahmanager ~00. Dii the year endilug juins lst 2 wil .lc l-î ..c.lia ..... S,5iOS saaait'u ti.. .............i rlti0 KINGala of Toontî Lim-bl Trecas.j mmsri.aof ocrorrAI ý Qfii: 18 King et. r«., Tc!'S 66yi636. OON O Onunaî 10 p t a cas i. Il uuu1ia, l -,'t. Ja peislar OSCr'c,,i 0515, S u, <j ha,, ccncluced its affarawith nrncbthe net tiroits anountd lo $n~5.08S Il!lard and in INe;vYor-k the lBankc of faad ernent,1tixat1ttIe Torr-e n/ M èCILi.T1h, tandar n, Inerpor- and afier 440lsng two id3.rJs cof IO Go'tih Nrt ,eroa yaem0fla transfer w-Pes its orjg1!1 ated 0 nu74,osa a d-up ca""l A p-V cout. te dln-ct swerecbet SI.0tuc0Ab ThI egne sai manager sl, Mr. carry forward $1,4.byf0liCî mera ak< anada. rda f7enrarnlLonn & sa vinigs(co. luiP el,'oe~ r xd ~-dne f~ge Ter e i Itv ditrI IOn tMe point of corpletirig Gtle t ptoxl1ea1tllamo n th fialalIe î,1r1 Dnce Dave, matci ially co1tllbuted to byluthe enlsrged '.olume Of business 1Ouarter entury of ilsts exstente tutions of Ontarlo l the Centiral en lbe swcces W Uin Stiution.The tranteithrougbout teSea', durig Iwo-%!aiBank has from i cflrstbeea ada Loan & Savings Copan, wnr, lrader?' Bank hmas cpmalg of1.000- iWhha branch fEtMe bank n'as oeneficharoerized by a liberal poizty, zwlich, beadquarters aa t go loiengAtreaut. fui ni fwhch $806,928 hpoil up. AU. 21. at RsinB.., andaiseo eawile Wsafegliadng tce inteete of tneThos Cmany doe ajlare Dama, S.Statyte alntdgefleral laoSanr sbarehUershas alded matmrllin the mavigs baril busines, on somewchat cf thef Seusipes- wcoTm, 09ty, Th other 1Union Bank of Canada. deveopmentot the city's cIlmmeircial different neus frýom tplus- fo1llwed bý-y tans f cap Cnaa, hh ri fIl1 ýsiIcs- 1and inductrlai interelsTA ebad offices the ma4ority of such concegns. h, %gk fLoweI Cnaa,1hi - adlanke do rina IbUinmssin Tornto are.-lThe oCd, famciliar quarter;A ô hsestir. atnued atMthe crww0f WIVU&M cee cmpany adances ans on hlgh- sumo ed spec<e ants on june 1. Nu 1lsank n Toonteareundergeng a Lton s rtaindLeader lane; there areCiassrealostas curity wben rqct ani to0f tUpper P;rov'ince, th Ed\ard Stanger marmnagr . eca f reconstrcin n tanwoother branches, 0nthe cty, stthAecd tou du5a% ut osa not inekea spy ni iawhaxngexpred o Noembr 0f Puntof lnenLiln,11'. F. dJ(Goslng (ourse of a fen' weeks tandbinkernr-f Ymae and QuesastetKs a0 bid nto tht daef businesHlt ban COnuce t th bcie tht er an- Bek c Moi.eal 2fr.Angs irk jill occliy ie fuil nomt Af ne nge andilor streets.Thore are on colictral ecurty f ytcksan atttîsterracptarnflbric buldint ofb uval iim nWpats f ofarl, bods t te en oflgusyea amunt adia pubi ; ntdeieadioai nO munerewr. 0f Weilnon atremm daecty cing in Maniteba, the Northwest Territoriesu bansc'-'býLe aLIrg1he set lwer beniin tewa fdiscoMunt oi Eank ef Nova Semin, Mr. John FMt non' near cmlte ntesu iewiethe bank lastrongly etenbding to ver te if-i oftseis Ba-u't.I sa0ftamwqAu . Francla Cole Jerdan street.The Sead ofi la In Qe- amid ritiEsh Columbia, and i er- Dmno, rtica n ewoî br fIbren eo"sary sme tme prvi- bc, Were te bak asntttd cn anted laAluka amI the Yukon disrict Andi Gverrnment, mus j-j padohr cUs i te authorize th , t, eceiverGen mPe.r 166 A.eptear te 'iiýliLtFIt orlt scr abno teGven ech~s Bnto Crtia an-1 cf perai atuce in the Wpiy anaion eveey continntIsTe presideitbondetth e vue 0fn$66415 98, wn- thl onQtuGývun nngnJ'Ue management has bcèn ita atten- cE Ste banit, wîhhsapl-pcai f ytemmau.hepol~f mn's stock on the Bant of lpper nntle, ,bjW 1 pMî. u yjPQlerba îsev manager.eIdlésm% onYumsu hid nBi ecI-Gnel u Wauth iedte ra szR. u V l hRaD te Northwest Terrtoris, Tes $1,300,oé, la Mr. .S. Howland, abti ng largly te0ii succes, wbicn ha& Unin Bnkentrsdths felf h Md n a le/r.I.l. VWlkle la General Manager. atnddth, oman drigthe ft- ldie he stock. ,encer1822athe ?rovkQuebec-d Mis, Mr. W. P. SMoine mari se]L,-inc -ie. - '>,nSh eMMa tUme when other banits were inclined '211Lbnet profitsof the hank's bmd usi enyears Af <ta eistence. The gros ine ad r'-'ceived in dividenfis and t theinw anéal.Th uA e year mO h els-ené ana e heyc Wutd suits have amly justlCanadae "'Mrnee."deducting expenses ofianagemenntti $187W07A5nu, anIcrease 0f $1673027 oVer 2,0 hrec he par ialýIneo 2, trtymngr 1Xlioythe rmost poialebusiness ofmakîng full provb-ion for al bad andti197. Tire inet ariniga, atrprovifi- 000, d 1h btainti in1940 25250fer ositin 0f he Baks. be han belg tha olhte norhwessdoubfuluebtaam tuaeti t $38060,foorln)ior1nteret on orroced piattal ils stocýk. Th,? auihborlty e tbh Lieu- ecm Provinces, n'bere, of tire veltime of vwhich the dîrectors wete enabd lft expea-ises of imenlagemejnt, etc, n'ere t nntGevrnr nnuaily tunoin Tireseven Toronto banits togethepr of banklng done, they have the lions decla r two iviLdda ot four per cent. 9.182 of this, $500 as cnisumned aite four ocfthe flfteen ,direutors n'as have a total lapthoized cailtail cf $16-Sharep The banit bas îwenty-seven andi a bonus of ons ex'cntanPr npaigfu qatrydoied f leweled, Ulm tue BMa of ppor C(se- 900,000 a paiducapita li 1.52,70, a branches la Manitoba and the Northr- 'Kn $00.00 e rataccobtts1/itper cent. ecb;$15.000 nent te ad, bat in Ian' its omcini oectDmon iwerv rnd arnunting to $6,51SA99 n'et eut <fa total otfifty-ne. The the reserve fuint,which is no'28 4-5 nih the Govenmeat. notesin crSaio -1 teamuat 0 f balébusiness forthe lat fîa llierOfaut. of tho pid-papital; the Lan MdeUnfom.$11008315,deposs bytheub ctotal- ya'e te apois f$4916,4 é e ( ,,n~J~jÇ~cntinge-nt fond ,ec,îved the ýbalance, Anai1ot $102510729,and assets to thet £olb0wa-Wrlten -offbaak plaesli JAL l U-1 Iti.od a raPter ililions. lion, OClo. A_ ing, adCu rrency for, th, rvnc faet 0f$12P28,S6.TWsy hold Cana- ~66;tn'o dîvidenchs 0f 3 per scntCxl reiet0 teCmay, and. Canuda 1 epotedil, îaor 0fsoins ,ui- fus. ltih othe00r qsecurities hoa ,11î.09s 95K'; te reat acceunlit, $ooo Saes,-,aertab 0f Toroatr(, dhast oat form syssm liIof bankini te pr- mouint o 79671 aecî oasin 'aac ars onad 1188. vine, andf recommnedftaut theei od n stocks rahn a total of inngre h oet rah~manufacturer, menchants and finan- tiens fromnt Uechart5rd hanis of (an- $I86,L pdcrea asumunotmL1g FanW. trthprably tise yung-~~ces ada for a reneixal Ai'their charters te 62469.i,1898 the total bankiSt brkiaau uth iy l -iThËrty-three InstitîutinsL.ocLO Yr out Lu Svag e should be gatesubojch ho certain Abaringa la TnuoroPoymre$43=61A5, st banA it mangerintilstcity. is preo-Lon restrictions, most t hilch haf tien van incaide Of6204787 ovr thwo0f M - bUy as bsec ri»dhe ayanec mlsanoM. inemedd aan Iprlldespalth.the prevIsus yoar. ba n Scireftise bahue but six years Ibý lfiul ufulamr The ro,-iýýonsauI pstiutins go, n a juvorncsingn.illusrato fthe force of The Provisions ant estr tIolid - ag, Iof Junir postion.the 01f tagt than tha o10red by the ion byrthecomtte eree O be ant onra.Ontario Bank. Yurit Counity Loa & talvingýs Co., an Lower Carda n nkand graating in- Thte Baik 0f nMoareal posesea "& Tet l;on ad«Piiuri rpOM s Sn e) eorporatlon ho the Niag.ara District financiall and commyc-eal inflluenrce not Siuatefi on one of the chier us- Captal-Forty-four MillIona lu- Years ago, "ho heil! h n become Baik. Teeawdcatr cniude-eddby uAy other isttuin lces anifinancial sLTpeets of the c'hy, vested In Mortgages.mmb tsuo Spcuro thI il'homeý:s la force aOl te prviion fr he pnb- ithis catr, ardf ita traghand sta-' te OnitarieBank itbildingý, con the free f ecomr' teuhopromiotethlrift lic sýecuriy prvlouLsly adoptefi laeV l-r Iliarebyorsin alts iacal athebeat conorcf Wilintonaiund >savýing,especIiailly amoag tise yoang'; 1nerCaaada or Upper Canada. The c(entres of th, FBrirish Emp re, a n aSco'ttstreets, sosfine arc(hi tectural and ho ufford sufeminvsment et sriisl fubnig yeaî acta were asaentai lotetiior laa us xvcli.Thris e îeCicatoreson ten eelatisadstune, Ufr ial. Tevalus etr amali savings exefin smlu niions, the char- mral hnit lares m all tait mw bîcib lacorstructed Tbe buildng The oldleastToronto hui compunly ilaas the foundctIon of habits Af VrItt tenu et the P'tit0of Upper Cancaaand A.th unîtof Montreal bas a aif-iip donîsMte haf officd0fthe banitthe Caniada Permlanent, whieh n'as i 2-Afecomy, vn'htreby alcone, 'eneraLly Pomminerclal 3Pecik rOmtg additins capuia la ( $2,tO,000andi a rerve fund as cIlI as the officlcf he Toroao Ispeoaliig, (,ca n omarative 'ealtb bc, t'O hircptlafbetnthhelbe $.10.00,Tire heaI olfice of' thylabrnuh, acfdthe Interior fitings anfi Cerpoîaed inthe year1856.Tisese years acqUirel, aad,ivhn acqure retaMnst, shholfiers, lie tMors ef other bham nta îat ionsttton la la Meatreal. lia firnlie are modern andi appropriaIsbter tne Canada Landed & Geedit Concilas axlm l i acooS etA ecortomie ho the dul ibit.Th. Icras Trnto home being in the beauhîfuli nThe banit hos a capio? of $1000P000 nd paay etiadIncorporation, anti flour- thugisi;and ilbas besa argely by capital thus atorzfn'sCor 'tIl1 stne uildinig on the northn'SS ,ewurneb' r or 0f11100.0andi is repreehefbySthe contnt .prcachiag etlhe gospel (2ImmercàlPtan ntPi th- Banktof Up- 0f Frntad Ynge 8t1eethe unn- branches nah ff!teen importanh ent .lshe'duntýIl 1891, n'her Ilhwmsas maga.ii-rcf aallsavinas that th-e mmes per Canada. £320011 1 'huefr cwsa cgr 0f n'ehIlh le Mr. AgujCrtlrf Otarie acndQebe , beidefs hiag a&Mf With tha Nation il mx aaat Coi-etfthe ecomen, 'hih Ya urely mu- aapiin 1846, the effeet n'ichn'ouf T ere rnhofc ttecre caofcsah thne southat coaner pary cf Canada, anti ceseti to eit shIuiryn n emaetstock, basý have ben te exteaf thu sînîl note o-Icf Il nge acfI uMetret ortofetQuseen andiPortîati suoees and ai ai separate institution. TI1859 the Frse- QpE~ nersst rote a ten' hai'r.fb8 cýulat.Ien. The bih n's ireterref bac% convnlere mfithoe n'heae plaues 0f th(,nrtbashceneret ong ati ich- lan'93 ,te n*oer 4,00la'9,the profits hy Fel iGrey. but the Cansf1ians î ish-businesslie nearer ho that locallty. nti steets, nrompo.ILt laan imshl,-hodIdLA&n and Savînga Coaîpaany sragfor fil anpe-e ficreasingtr, cd upon th, ehatOf thir dla inn'hiehhbans bsec for mainy years Imb existence. N hehrcmais$151 4 4492.Th( wclypuy- notsaa aset o hebll 'a po-Doinonfint [dehîie wtbth cmmrcal ifu- 'ce i nslituLtef( until 186,C, when Mthe menta et thenine rsvary fr'm hen mugtt a14.W~,in 1870, th,- 1h basalways lbeen tSe polc'y 0fohetrial acfnd bcltra nterea'ts of the ndteUinLa.ndetsIUydlr omcnhug managemnt cf itIs Istituton ho e la cuntryandi under Its preseatadilît Western CadteUnoLo. fceshoiedlartseotnlg Sia ts t iahly gave iup thesssmn in bo Mfer hree yeacs und aait hthe enC, iÉsiue, Canadia,,ns !d i nt dýjicsps 1ih thh1ýicit of th,-,friy, undf fzprq istr-atijitjs n'el regarfef. the London 8& Cacadian were lsti-A Wi« loi bUt fotbetoremn- papr e snb dnotaaboa hhy ip 'ie holf pp-aho have negc l ue.From that hUme toward Iban ber my di'soscf their eaviags acf simlytrnserrf is isu ho~h 1ev th sletin ttie Site od thilani t'sflait cf Nova Scotia, comipunles coantidte increase, un'ci intrest as hhey desirc-vwh«daw1wig craug4 nS yI,ýametse14 bmIpre uho-haiurer ttecr e Kn7 acf The nmcssiyof haviag direct repre- te-ay them re imnelesthan thbly them ntely ;eaviSng toe mont Itie sg 0'he i eranmoifctins0f srcts,1tatf sthy Cattin lauhegreat Ëinncal ecen tr the iaituhnnioashaviag their held acontinue dran'iagWlpt]r-, o apyl cU, regletnn of180 a0 hie wreLIae'acA' til la fi'e purothe lecet -a cfttuericpw1i c in~ due timre -nctas Caafln In'. a pity uîd alistlcie l 1-OaL 0< cfinhe n'est nausef tire firectors' cfilsthe Fres Paaiing Bibi. ia ct Thejui sIsiuefla erstnyrs ugo. The Ternto oce, coreae auyosyu 'sin ceglcg oalya modeate rae0fInterý- Ta180paut h sajibfedm~17 oeo e tt,)n'aof Toc-n b ain oharge 0f in. J.Pithlado, 193 nhen fivecmpnesre gra mnt- Her ie ae ofiucs, da latr ont'scitses evebtn ~ietiedn'ih anaerfe tie roinc 0 OharoAfcharters. The thirtythirecoin- Preatint, Mr. Joaeh Phîllypa0 hon' hanln, lrduef y on.W.H.is-crdr 0f'ste oy acpaaienTIprs-dldsîuate havhe CnadaLiteBuilin mhumod V, pome unationutreiaa. actIvenn'ocker ' CO! snoc cahc theatef te promot' thie-, catis icft oretHon.auStc11,,a1itsSmol blP 'Irifent; Mcbu SI ýrlal iratete -0fyarithetersh ut lies.utlk. donc la the twe y-eues the bruapu bas in te aggMrcgat 0 $317.50,uean"sete ivtiiis ate is 'lyent i.~ ~ ~ ~ ~ ~ ~~ten a rndetiwemf la"ib- esin A. W.Austin, W. i. Bicci. en iiiesence. The hait of Nova aoh $18000571have been paiti. The of nuhich aIlprofitarraniag arecmr- îag yeca V r <n'hana gn otýý, Iý- onimIcEdadLalyaniEei ace cf t."- o ldccc in the (caln- liablitios cf hhese epne h h hf otecsov od crationsruer-clw;th shiifWineP.Mtha.Th neral-wAi U hohving beenincro he a132 ulcinolufe $7.îý75.75 etfebnuei______ cbarc'edhana reaihef pedoin- canasreip i vet~d e M. 1h Q Av te slty -eve a ars th"asubave lashiniCanada, anp Dy$063,77 et de- antunticad tîsi.Sxes er abc .S rogmngrTiitrene iltltas exercIsedtila pcwru eîus ise behr, saf th allerits passage the freefom eý ank- ot"Irnc M. H. J. 1-ethu e-bo î P,,,raqiqiacd commercial influence inihaveon fepoit suraisaniuhinin Ath Kng artuna ee akLety ce Provicial 4--qtow M~At eap a arw s utAgreat heMitime rovince .Lh has acap&- tr ga~gieho $447Y.i'1MTh totnIal mena srî"0, nascccette1 hus whichi'ulî u-evicante' ail ans md chficcWn0 iecphaagecig 2gsm$79 0 afrdbn epe bcd saitn laiva th'e,0f -tie atxih d hs, hig $038 1 h lrces 0l5t hc ti. lathbunqu pei- mocga es t unt h i for sale. hl a v e oII r, oe n r f p h e h h ' t o d aefo u r l l \ i r ' a d o f i e n tlb n g te n y a g r g n t i t u t i o n, p u d u t m c e C ~ae achctei~5î a 3~rt.whihcnsuTdteO0O 0ftbclesnBa ~mutyththotTiar e m & Savne la"A Recent DeveIcpient in City Umrr9icanî f av , rdt ~-,Winpg ueihd tige sothm uo; heCntlis thuis nt nla Ipay. tien.. - h Un y-th rh-aoflias ac i-Hi>n ý Coepyny Ibas its home lla inthi- of-n,1 îs efai se h anepo fiafaipcilTyer thidetïtit,2t Kî&18 hhBmitd rCafad~t>rhens- - - Ilo bnthoalad cjettOoU Btodntuefrit aîk < Cnadsi Th-Cxcpntu-WoAý A ' -'te