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P THE OSHAWA DAILY TIMES, SATURDAY, DECEMBER 28, 1929 Che Oshawa Baily Times Buseeeding THE OSHAWA DAILY REFORMER (Rétablished 1 wn) As independent nawspaper ver published every oftorneor oncopt Sundays sad logs) holidays, st Osbows Canada by Mundy Prioting Company, Limited Chas. M, Mundy, President; A R. ay, Boo retary, The Oshawa Dally Times 1s a member of the Cans: dian Press, the Canadian Dally Newspapers' As: sociation. The Ontario Provinelal Dailies snd the Audit Bureav of Clreslatio SUBSCRIPTION RATES Delivered by sarvier, 166 0 week By wall is Canede (outside Oshawa sarrier delivery mits), $4.00 » youry United States, $500 » year, TORONTO OFFICE 08 Tomperance Street, Telephone 1 Bond Bulle H, D Trasldder, representative Adelaide 01 REPRESENTATIVES IN U, 8, Powers and Stons, Ine, New York and Chisago - SATURDAY, DEC EMBER 28, 1929 - -_ BE ---------- Ee Aa THE COMING VOTING More than the usual amount of intergst should be attached to municipal voting which ls to take place on Monday, Januury 0, on of the several added the attention of the elecs tors Is being « dition to the usual election of the tors this eat, for responsibility of electing a | bars, There viding for the an estimated cost ol paying the members ol the city council at the rate of five dollars per meeting. These added factors In hould add considerable inter- wuld large and heink cast gecount features to which alled, Th fifteen the eles thi mitission of four mem will bylaw pros erection of a Ww 845.000, und on the question olf and ddermen, first time, will ube mayor the have utilities « alsu be 5 vole on A new police station the munielpal voting the election ensure a est to and \ representative vote I'he publie utilities eommission, which has to be elected for the first time, was authorized by the vote of the people of Qshawa In June, at thé same time as the ratepayers voted to purchase the electrie and from the Ontarje Hydrys [his body will, In addi these two under ta comming gas distribution syste Kleetrie Power Commis tien taking systems, also control, thus taking the ol slon which passing out of existence after serving the tly for the last twenty-five years, The public utilities commission will eonsist of four elected wiembers, with the added me a Afth represens Lautive In view of the Importance of this body, for it will be handling an Investment of hundreds of thBusands of dollars, the election of the men to compose it is & matter which should be given the most careful of consideration, There arg men the city, most of them with wide experience In municipal offices, who have the qualifications and the knowledge te make them valuable public thin body, The servipes of these men should be made available to sion management of waterworks the walter the the to over take city place 1% how mayer servants on the commission fn (his, the first year of ita history, for a great deal in the future will depend upon the initia) steps which ave taken by the public utilities commission in gathering together one control the threads of the three important utilities over which It will have jurigdietion a A . under publie The bylaw to provide $45000 for the erection of a new police station Is ene which should be given careful and earnest consideration, There was little difference of opinion i the ranks of the city council on the need of such a building, In view of the In adequate nature of the present police quarters, Those aldermen, therefore, who supported the placing of this bylaw before the ratepayers should take a stand on the question, and should he ready to ie form these who will vote 'en it ef the reasons for going ahead with the present project, The onl way in which an intelligent expression of public opinion can be given on any question is by having a wells informed public, and the aldermen who are respon sible for calling for the vote on the question should have an opportunity of giving public expression of their views in doing #0 N Ww * J There is also a need for a clarification of the pros posal to pay a salary of five dollars per meeting to those who are elected ax aldermen, It is only right that the ratepayers should be consulted on a matter of this kind, and the 1929 council {a at least to be complimented on taking no action to provide salaries without first having an expression of the will of the citizens whe have te pay the bill. It should be made clear, however whether the aldermen are to be paid for city council meetings only, or for the various committees as well, and the people should be told just how much per year it ix likely to cost them before they are asked te vole on it, Until that ine formation is tortheoming, it ix hardly possible to express a really accurate opinion on the matter, and this is something wilich should be made perfects ly clear within the next week i * v w The chief essential, however, in connection with all these matters, is that the vote on January 6 be auffictently heavy ay to give a correct interpretation of the will of the citizens of Oshawa, Too often, in municipal elections, bath here and elsewhere, the decisions are given by a winority of those entitled to vote, and this makes the result far from satis factory. It is the duty of every perso A entitled to vote to register his or her views in the coming elees tion, 30 that there will be no doubt as to the will of the people of Oshawa on the Important questions whieh are before the for decision, there will be no need for any ¢ CHICAGO 18 "BROKE" A sorry state of affairs exlsts In Chicago, + The school teachers had to go home for their Christmas holidays minus thelr salaries for December, because the board of education had no money to pay them, und the banks would not lend the board any more, When the recent heavy snowstorm blocked streets snd tied up traffic, it had to lie on the ground, bes eatine Chicago had no funds with whieh to pay for its removal, And now stores, business firms and supply houses are refusing to sell any goods tu elvic institutions, because there 1s no assurance that they will ever be paid for, This is u sorry condition for city lik Chicago 16 have to report, "It reveals 4 condition of mismanagement and reckless financing which is # disgrace to any modern city, and most of it can be traced to the regime of the anti-British mayor, William - Hale Thompson, Perhaps he was so busy chasing hls supposedly pro-British school superin tendent out of his job, and contentrating his has tred mgainst King George that he had little time to pay attention to the real problems of clvie govern ment, - OF course, in the final analysis, the people of Chicago ara responsible, vecause they elected him, and are now being compelled to pay the penalty for thir mistake, 4 great A RECORD YEAR While there has been, in some quarters, Yen deney to look on the year 1929 as a year of coms parative depression, yet in some ways it has been w remarkably busy and productive twelve months, Ong of the phases of Industry in which this has been particularly true is in the building constructiop in dustry, While the complete figures for the whole year ure not yet available, it Is even now #pparent Abat they will set & new high record mark for all time In the, value of new buildings, Up to the end of November, the building total for 1929 was over $17,000,000 more than in 1028, and had reached the remarkable figure of $220,000000, Nine years ago, In 1920, the total building for the whole year amount ed to only $112,000,000, so that, with a month in hand, the 1929 record almost doubled Yor 1920, When a country is gomg ahead to that extent in the matter of building construction, theré is little wrong with industrial structure, Bulldings mean enduring progress, and mean puts ting Into circulation, In the form eof wages, of tre- money, both directly and indirect because of this that the temporary yet has thut its economic and mendous sums of ly, Perhaps it Is depression which has been apparent in some othe branches of Industry fot been felt to anything like the same extent as it might had there also been a falling-off In building construct! has have been THE BOY AND HIS RuADING have the ['hiree boys arrested in Oshawa are said to ddmitted to the police world of erime was due to the ing plenty general disregard for the law, This same tion has been advanced Ly other Juvenile The hold-up, with the possibility of gunplay, usua ally is the frst fortunately, also is the last us these greenhorns in this field are easily caught is the reformatory th penitentiary, and all the romance is gone, After all, considering the of trash that is available in book form, but small percentage boys come under its influence, Where these stories find thelr victims Is among the lads who aro at & loose end, without guidance, and following th bent of their Public librarians testify that boys now are among their best patrons, and that they are a better class of literature than that provided in the tawdry "thrillers," 'I'h unfortunate feature associated with the downfall a boy because of evil reading is that it would been easy a bit earlier in his life to have mind toward an of the innumerabl books that appeal to youth without exciting the doe pire for adventure the eriminal kind, The average boy is all right at heart, "The Stral ford Beacon-Merald tells of a lad who found a purse, saw it advertised, returned it at once and re. celved a reward, . On being complimented' by the vwner of the purse, this youth protested that any other boy would have thing. Mo esty was in the very nature of this little fellow, and he could see only honesty in all his chums, As the Beacor-Herald says, that boy, at least, is making a better start than the chap who puts a gun against a man's ribs, secures a little money, and spends the next few years wn the penitentiary who have the guidance of youth endeavour to instil in their minds the importance of good conduct for ity own sake, It is also important to stress the fact that prison doors are swinging open eyery day to admit the youth who sets out to emulate the curcer of some desperado he may read about in a penny dreadful, ~Toronto Glob » their entry into of shouting that reading hair-ral detective stories with ol und explana offenders Most cases it step; in hen it or amount i) ol wild inclinations, seeking ot have sulded his Uppreciation ot done the same Those EDITORIAL NOTES These are the days when the horse between the shafts of the old-fashioned cutter can hold his head high when he passes a stalled automobile, -------- "I used my horn," said a local the other day A An excun for running It would have beeg wwuech better if he had used his héad instead, driver 0 Car, truck mte "Thieves took 200 pounds of butter from a St Thomas Creamery the other night, Pretty soft" comments the \Woodstock SentinelsReview, At this time of the year we usually find our butter pretty hard, Aberdeen gave over two million dollars for charity this year, But that will not prevent Aberdonians continuing to create jokes about their own meanness, ------ There is a real gem of wisdom in the words "of the ex-service meén who sald: "The trouble with the last war was that the fellow who got it up didn't fight in it" ------ Earl Beatty's advice to Britain to build twenty new crofgers in the next ten years does not take into consideration the hope of the worly that before then isers at all, The United States federal vorhment Will pay the states dollar for dollar on their road building expen ditures. It would be a nice thing for Ontario if the Canudian government could adopt a similar policy, | are | labor | | more | | | | | Wo different in practice. Other Editor's | Comments ALBERTA 18 WET (Lethbridge Merald) With five. inches of precipitation | during the fall, and eight inches of | snow during December to date, Sou thern Alberfa doesn't appear to be in the dry belt just av present NEED FOR CAUTION (St, Thomas Times-Journal) A pilot handling the joy stick of 4 plane lost his life and that of snother, He did not have a license. There is still much enforcement of laws to be done if the lives of airmen are to be preserved and careless aeidents cut to the minimum, | -- SOUNDS ALL RIGHT (Brantford Expositor) The new prayer book of the Epis copal Church of Scotland comains 4 change in the wedding service, and | it is no longer necessary for the i to say "with oll my worldly goods thee endow." At the same time the proviso remains that someobe must | give the bride away; so that matters should now be on an entirely satis | factory basis for the thrifty Scottish | bridegrooms. | | GOOD ¢ ITIZENSHIP (Toronto Telegram) In an editorial headed, "What constitutes good citizenship?" the Labor Leader very uptly remarks: | "An long as the groat mass of the people refrain from taking an lo. torest in municipal affairs, there will always be found men ready to | tuke advantage of this situation, | Good cltizonship really means that | people should do thelr own think | Ing rather than let other men think | for them." The point Is well tak- | (7 LAW TAKEN VOI GRANTED | (Dundalk Herald) | have all hoard the exprop- | ston, "The Law 18 an Ass.' Somfe- timos It is; moro often It isn't, However, when a supposed law hans | been enforced and it {s discovered that no such Jaw exists, needless to say It fsn't on the law where tho | onus of blamo should rest, In the town of Durham a pumber f cit} sons wore fined for/allowing thelr dogs to run at Iarde in contraven- tion of an alleged by-law Ono of the citizens appealed his ease, and it was discovered that Durham never had a by-law prohibiting dogs from running at large. We FAITH (New We trust | | IN BRITISH | York World) the fundamental | soundness and liberalism of the nritish people, who put men like Asquith, Baldwin and MacDonald in office, and who In some ways | bolder for peace and wsocinl equity trust a Dritish | Kmplre autonomy the froost than we; whiclhh glves BeODE Wo understand and respect the culture of the Hrtish, and they un. derstand and respect ours, In this understanding und lHking the de moeratic young dominions are ine creasingly Important, wo UNIONIZATION OF FORCE (Calgary Herald) The elty council has declared against the affiliation of the police | fores with organized labor, While it Is true that during the years the | police union has been a member of the trades union organization nothing has developed to test the relative strength of tho loyalty it | owes to the community and to the | | FOLICK movement, such a situation | arise at any time, The elty | has correctiy Interpreted sentient {n expressing oppo- | aitien to a continuance of n pos! tion which Invites trouble sooner or lator might counell public OLD AGE PENSIONS (Le Quvier) Before will Monde long 23,000 aged people colvo un pension of $20 nu month in the Province of Ontario In the meanwhile our own aged In the Province of Quebec will recelvy nothing we will share of Yet us cltizons of Quebeo | have to contribute our the sum whieh will be pald out by the Federal govern mont for these pensions, Is this falr? There is no use telling us | that old age pensions tend to de- | stroy family life and the respect and obligation felt by dutiful ehil dren for tholr own people; this is | all very wall, but it i» nothing but sontiment and does not change the brutal fact that we are paying for the others, whilst they | do not contribute n cent towards the maintenance of our aged. In || principle wo may be opposed to a! system of old age pensions such 48 now oxists in Canada, we may | desire to see the law amended, bat | we believe it to bo bad polley subsoribe t something from which derive ne profit The system adopted by the Federal Govera- | ment In {ts soclal legislature of paying a part of tho cost, provided | the Provines pays the other part, may he good In theory, but it is | | VO ------_------ THAT MARKS HIM "What makes you think she foes not: like you?" "She told me she thought there was a fool in every family." "Well, what of that! "I had told her a moment hefore that I was an only child," «= Tit<Bits. | EA -------- bred 1 log te Bind 4 RR te og 0h od Splendid Comfort--l¢t not your heart be troubled: ye believe in God, heljeve also fnome. In my Father's house are many mansions: if it were not so, 1 would have told you, And if 1 wo and prepare a place for you, I will come again and receive you unto myself; that where | pm Rid ye may be also, John 4, Prayer: "O Love how deep, how broad, how high passing How thought and fantasy." | people of the community want, | WANT" | -- | elliary srystalline lens of the eye to in-| { both | when | Bits of Humor | The Royal B 4 C. M., BARTLETT, MANAGING | EDITOR OF THE MIAMI (OKLA | HOMA) NEWS-RECORD, SAYS: | That the newspaper, bo it daily | weekly, should be the biggest fn the community, If the newspaper is not the biggest business or factor In the commun ity then there Is something wrong with the policy of the newspaper. or business Being the biggest business or factor in the community does not necessarily mean that the newspaper does the largest volume of business in dollars and cents, but it does mean that the newspaper should be the Inrgest single factor for community growth und expanse | wlon. the | tke | und talk about, and a newspaper | that will bring praise from 8 majority of readers, If readers are | | | Make a newspaper that not made to feel proud of thel newspaper it is a woested force in community affairs To bulld" a community through a newspaper you must print a newspaper that is fave ably talked about, Make the newspaper a better newspaper than the town, city or come munity justifics. Bring the community up to the level of the newspaper rather than placing the newspaper on a level with the community AND THERE WILL BE NO TROUBLE IN SEVLING THE VALUE OF YOUR ADVER- TISING SPACE T0 YOUR | MERCHANTS, | portion of the eyeball, FORT MILTON, EDI. THE CHATTANOOGA NEWS, SAYS: GEORGE TOR OF (TENN) "wil Tittle an soem Lo re coming ed, and This is both The only crash coma during the reminds us that | murket students cows are sii | day to be milk | till In CRge' | ue and Important, | of value that has stock market eris- is Is a crash within men inde | The recovery from tho crisis is a | matter of puychology instead ol statistics Rogors the stock nlize up every chickens the "There is no time of recent years in which the sound and consistent advertising of artls cles of merit ou. reasonable prices is more needed and will produce better results than tos day. exhibition of Advertising soundness "Advertising is an busines confidence is an index and future of present progre YADVERTISING CAN REJES. FABLISH THE IDEA OF SECUR. ITY AND PROSPERITY WITHIN THE PUBLIC MIND, THAT 18, HONEST ADVERTISING OF HON. ENT GOODS AT HONEST PRICES weTHE OFFERING OF THINGS THE PEOPLE NEED MORE THAN | THINGS THEY THINK THEY That Body of Pours 3y James W. Barton, M.D. WHAT CAUSES LOW BACK PAIN | you suffering from lower back and hip, and rheumas | Ing about | without first to re in the gradually 18 1 one Perhaps pain in the it has been called tiem, and vou have from oi to phy | obti nin relic Now | thought should be to member how the pain first place, whether it or suddenly, whether it sides The pain is in but whether it is accident should be answered Sanu sciatica or been ge ein Clan the try came ust came ol the joint de be th all right to infection o questi 1 {lo If the pain is in th pot every time, but disappear you get Your body ut rest in| a certain position; if you had no ain in that region previously then pan may be surg that the pain is duc to accident or injury, IT however the pain came on gradu- | ally, is perhaps at, centre of lower | back or-on-both- sides, seems a little casier when walking, is even worse at night, thén you have an infection | of some kind=rheunmatism it is] | called, Now | know that this like un shuiple way of telling the difference | between Selatiea or lumbago, from an as laouks it is right in the majority of cases { Of course there can be a localized tuberculosis or other infection in this region that may be causing the pain, | but injury or infection from teeth or tongils 1s responsible for most cases, Now what to do about it, If due to accident rest ig the indication, and a few days in bed | is good treatment, Then follows straps { ping up with adhesive tape, two inch- | Les wide, from a point two inches bee | low the tip of the hip bone at side, across the back to the same point | on the other side. | If adhesive too high and comes | across the points of the hip bone it- self, it may actually pull on the joint | where the pain is, and greatly in| erease it | Alter a week 18 of this adliesive, a | belt with lower strap covering the sate region as adhesive, should be worn for months or years if neces. sary. If pain is due.4o infection, get af ter the suspected area==teeth, tonsils and so forth, Don't suffer with back pain, | (Registered in accordance with the | Copyright Act) | | fee. | | treating | the cure is obtained by treating the | | double or triple | of Author When my slay was pro | the public stormed the box office, Friend: Did they get their money m-- She--Woman is like a pack cards! It takes a heart to love --a diamond to win her He--And a club to lose her, and a spade to bury her! of | her The owner of the baby car wis tak- ing his girl for an evening spin. She nestled closer to him and whis pered: "Don't you frightfully dark, "Don't be silly, Rose, we're under a lorry." At a performance of "Faust" in Cork, the part of Mephistopheles was #0 stout that the trap door was too small to permit his descent to the infernal reglons, and all of his pers think it has becom darling 7" Can't you se son above the waist was still vis- | {ble pver the stage, One of the gallery gods, noticing his dilemma, exclaimed, "Begorra, the place is full!" Care Strain by C. H. TUCK, Opt.D. (Copyright 1921) Many cyes are imperfectly shap- ed. Bome are top lomg, some too short and some have imperfect cur- vature of the cornea, the front These con- ditions cause imperfect vision and i severe tax on the nervous system and the effort put forth to right | those irregularities lead to complaints as headaches in the brow, temple, and back of the head dizziness and indigestion, Tempor ary rellef may be had through the above symptoms, but cause, The eyes alone, working under normal conditions consume approx fmately' 16 per cent, of the nervous energy. Therefore under strain you can readily see where the normal amoynt may be used 4 When we consider the condition the eyeball being too short fs meant In connection with power of the eye. The power the eye may be difficult for the length may be deficient for the power of the eye. This condition is known as Hyperopla, commonly called far-sightedness Rays of light entering this eye from an object viewed, cause a blurred image on the Retina, The fuage to be perfect is produced by the rays coming to a point foe- us, In the hyperopiec eye {tf these rays wore extended this point focus would exist behind the eyeball at a point directly behind the retina. Nuture endeavours to overcome this condition by the action of the muscles which causes the the ol croase its curvature and cause the focus to he brought out clear with | a clear image on the retina, This | extra exertion of the ciliary muscle normally In seeing necessary and it with the eyos fs the reason for young people requiring glasses for | ¢ eyestrain, Bits of V.rse ODE TO.CHRISTMAS CHEER COMMITTEE Christams Eve dawned bleak chill, the snow, like threshing mill, Smote hurrying face; [Chose wrapped its trace But onc amid that bustling throng Whose heart was heavy all day long, | Her meagre shopping on her arm, She hgstened home mn. some alarm, And Mugged her purse, with peng just three, I know for it and And chaff from a pedestrians in the in furs scarce felt belonged to me, The children bliss "til Old Santa would their stockings fill, Those children of such tender years, hope shone upon cach face, [ felt a mist before my eyes, tears down my cheeks did race. O! Santa Claus will come to-night was their expectant song. Twas wrong 1 thought, their antici pations much longer to prolong So plucking up my courage, 1 tried to say with charm in were waiting { inruy, and that due to infection, but {Old Santa is too poor this year, each | Jered in mute alram, 0! nfant Jesus, in aegord we lift our hearts to Thee, If you would send a Christinas cheer how happy we would be, safe in us to Thy them "resign I had tucked ed, sighing will" cager rap came to the door which made my heart stand still came a Scout with laden box, then turned with gentle grace Saying, "Merry Christmas to you all" and then he left the place, How many saddened hearts that night tuned into gladsome song As they recovered from dumb des pair, when the good Scout came along. With grateful heart my pulse did beat as though I'd gained a varm And I stocked the empty cupboard shelves saying, "God save wus from all harm, Aun ounce of help is worth far more than pounds of useless pity. Seems the motto of the Christmas Cheer, God bless that good com: mittee, In the gentleman who enacted such | total | it | General Statement Capital Stock Pald up, ..eooe ri eof yA arr Dividends Unclalmed , , oo. cvs od on su st su 04 $35,000,000.0 35,000,000 3,574,151.10 "538,574,151.10 180144 Dividend No, 169 (at 127, per annum), payable 2nd Deceniber, Bonus of 37, 'payable "20d December, 1929 ese enen Deposits not bearing Inter: Deposits bearing + Horo inciuding | interest accrued to date of Statement Total Notes of the Bank in rc iaiion, Advances under the Finance Act... Balances due to other Banks In Canada lences Sua to Banks and Banking Cotrespondenis elses wher. n in Bills Pa Liabilities Letters of Credit Outstanding, , 1,046,275.95 678,133.20 40,335,121.61 "875,395,121. o $180,707,298,03 591,380,470.31 ars Ve L 43,565.900,34 25.000,000,00 1.065,835.25 25.322,222.39 2,085,402.10 ASSETS sold and Subsidiary Col on jhand al the Central ¢ Gold United Atates and other Foreign Currencies, vB Balances due by Banks snd Banking Correspondents elses where than in Canad: Domin exceeding market value) Canadian Municipal Securities and British Colonial Public Securities other than market lve) Ratie;s and ig market value) rr Government Securities other Bonds, Debentures and Stocks $22,471,200 66 8.,412,271.28 12,000,000,00 ' ' 15,806,512 $91,719,984.66 3.942,753.23 28,368,236,83 785.06 3,710,355.04 96,563,143.46 not 'Foreign and Cangdian (not 17,400,156.9%9 15,468,621.43 (not Call rox] ona (not ceoding 'thirty days) Loans in Canada on ] t (not exceed! than in Canada on Bo other Securities of Current Loans and Discounts in Canada Interest) after making unl provision 1 doubtful debts Current Losns and Discou tures and Stocks and other Securities fent marketable Jalue to cover. ,, Cation he % hirty days) Loans elsewhere 56,036,871. tures and Stocks and [ oi marketable value to 66,175,557.25 wenn ee $409,278,965.6% less rebate of / or all bad and $364,055,352.07 tisewhero than In Canada (less rebmte of interest) after making full provision for all bad and doubtful debts. . | NomeCurrent Loans, estimated loss provided for... . Bank Premises at not more than cost, less a Raat Estate other than Bank Premises nges on Real Estate sold by the Bank L Habit of Customers under Letters of Cr 147,525,410.65 2,233,740.46 mounts written off, ,, edit as per contra, Shares of and Louns to Controlled Companies De Other Assets pot included in the foregoing President, AUDITORS' To Tae BwAnEnoLOERS, THE ROYAL BANK OF CA We have examined the above statement of | (he books and secounta from the branches. Wo M. 5. HOLT, C. E. NEILL, Vice-President and Managing Director, { The Royal Bank of Ca verified the cash and » it with the Minister for. the purposes of the Circulation Fund, LI . W, $0 General Manager, CERTIFICATE NADA! Aabl!ities and Assets at 50th November, 1020, with da at Head office and with the certified returns urities at Head Office at the close of the Bank's ear we counted the cash and examined the securities at several of the im« ® have obtained all the information and exp | the transsetions slanations that we have required, and in our opinion of the Bank, which have come under our notice, have been within the powers of the Pank. The above statement is in our opinion properly drawn up so as to disclose the true conditioy of the Dank as at 30th November, 1 J 1020, and it is as showh by the books of the Bank. AS. Gi. ROSS, pi of P. B | Auditors, W. GARTH THOMSO? N, G.A., Montreal, Canada, 24th Decamber, 1929. of Peat, Marwick, Mitchell & Co.) PROFIT AND LOSS ACCOUNT Balance of Profit and Loss Account, 30th November, 1928, , $2,361,085.71 Profits for the year, after deducting charges of management, acer matured bills APPROPRIATED AS FOLLOWS: Dividends Nos. 166, 167, 168 and 16% at 12% Bonus of 1% to Shareholders. . ' Contribution to OMcers' Pension Fund Appropriation for Bank Premises per annum... . ued interest on deposits, full provision for all bad and doubtful debts | and rebate of Interest on wns 7,145,137 AS $4,023,938.76 698,133.20 200,000.00 400,000.00 Reserve for Dominion Government Taxes, including Tax on Bank Note Clrculation Balance of Profit and Loss carried forward. . 610,000.00 3,874,151.10 ms $9.506,233.04 EEA 2 RESERVE Balance at credit, 30th November, 1928. , Premium on new capital st Balance at credit, 30th November, 1929... cc ves vo ou 00 be oe * Montreal, 24th . $30,000,000.0( areragharaies 5.000,000.00 535.000, 00,0) Inm---- December, 1929. | (From The St, Is the Piano Doomed? Thomas Times«Journal | The announcement that a great piano company in the United States one which markets three or the most | famous makes in the country, js in | the hands of a receiver, may be a sign of the times, times in which | most of the music in the homes to- uay is extracted from a disc, or m some marvellous way comes through {the air, and times in which the best | orchestras and singers are not only scen but heard on a screen in a moving picture house. For years, "canned been making inroads on jonc's own music in the home. | radio has made the situation | Piands are | while the family sits down Jaz! music" has providing The worse, y and listens to singers and musicians who | may be hundreds of miles away. And yet, there the contrary phenomenon that there never was a time when there were so many mus. ical festivals, nor so many competis tors at these events. Young peopl by the hundred, and quite a number of old people, vie with one another 1s pianists fiddlers, singers and choirs in friendly rivalry, and come back the next year in greater num bers and greater cfficiency than ever, Some would have it that even the gramophone is a decaying institution, Whatever the position in this coun« try, it is a fact that in Britain the equivalent of the Victor company has sold more records / during the past three years than at any period of its history, and new companies which have been formed which are meeting with an enormous demand for their products, The reason is that people want res cords in their homes of songs or tunes they have heard over the air or on the screen, There are thus wheels within wheels, some of whic h operate agginst the making of one's own music, and some for it. One authentic factor in the latter instapee is that men and women, boys and girls, who already have a ceptain proficiency on a mu- 15 rusting in drawing rooms | instrument, are inspired by certain pieces played so well Dy § cise that they take more | icssons in order to be able to play [those numbers better themselves, { Mechanscal produced music is | the lazy person's way of enjoying {ocautiul sounds, and mankind 1s | prone to take tne easiest path to any {achievement in these days of ses cpanical cHiciency, But, comfort- able as it may be to enjoy muisc that way, it must also engender a desire to be able to acquire musical { skill and cnjoy one's own music, For, latter all, there is a greater satisfac- | on ana joy in being able to do that, than in listening to someone else do it, however well it is done, | Parents will be well advised to have, their children "take" music | lessons. Don't neglect thé piano, {but it you have one, keep the childs ren busy on it, t is suggested that one reason for the failure of the American company the instalment plan of sical nearing omeon [was overdoing selling Pernaps so. And those who have been saying that this: high-powered method of sale smanship will one day {result in a crash in American indus- {try may, in the not very distant fu- ture, the same thing happen in the automobile, the radio, and many other luxury businesses. sce The complete dmanicipation of wo- man will never be accomplished until game one invents a motorized cans opener. --Arizona Producer, A Hiawatha, Xonsas, flapper hands out this advice to her sisters, who are undecided about going into long skirts: "Let your chassis he your guide.""--Kansas City Star, Excessive tidiness is said to indi- cate a kind of insanity, Show this to Ahe little woman when she chides you for hanging your hat on the floor.~Border Cities Star. = ~1rue heart, ! STOBIE- For LONG & 8@ BONDS Office: Reford WELLINGTON 818. S. F. EVERSON, Local Manager Private Wire System 17 KING STREET. Phones 143 and 144 EAST. OSHAWA ee ------ ee ---------- fac |