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SUN LIFE REPORT oHOWS SPLENI'D RATE NF PROGRESS Company Makes Wonderful Showing During the Year 1929 654,451,143 2,401,287,030 172,857,771 568,107,954 . Feb, 12. -- Ganada ye justly proud of that great finenci stitution, the Sun Life Assurance Company ef Can- ada---the largest ordinary life com- pany in the British Empire, now numbered among the first ten world ccmpauies Montrea may well and yearly mear- | civilized world, demonstrate to a marked degree aggressive manage ment with which are @enrled nro gress, - financial - strength, and, above all, the earning capacity ui its investments, The observations of President I. B. Macaulay at the annual meeting held here today indicaté both the conservative and also the far see policy that has featurod the invest- ment plans, With an income ot over half a million dollars a day to be invested, the annual report of the Company the President's re- marks coming at this time carry more than usual weight, Both have been eagerly awaited, and will be read with interest, President Macaulay emphasized the fact that the Company buys securities to hold, and that it does not invest with an eve on stock market prices, but-rather invests in securities the earnings of which will jnerease in vears to come, He declared that the permanent inves- tor should be little concerned with the prices bid for securities--on the stock exchanges. As an instance of the little effect the stock market panic had on real values, Mr, Ma- caulay stated that since the first received have ten, twenty, Through our large stock holdings haye become permanent part- nérs in the great utility and other corporations which verve cities, and in fact, erywhere, ourselves with them and may sald to have invested in them, believe in the future of Montreal, of New York, of Chicago, and ali our great cities. more in the future of both Canada and the Unted States, w vestment confidence." . Macaulay further pointed ou increased annual ends of over one million dollars, Eye to Mature "When investing® our an eye to the thirty We have distant future, years our people ev- indentifie¢ We believe still and our in- policy is based on that divid- funds we hence. carried, our large | would be continu the past. be We ance mean very Life, Annually largest company, that the securities ot the Company are so undervalued that even the financial panle of last November which caused such a tremendous drop in values, did nol even reach the figures at which securities are Mr, Macaulay also stated that the conservative policy of un drevaluing the company's holdinge 1 to an greater degree than it has been in New Records Records in Canadian life insur- little to the Sun they amount of any Canadian then come back the next year and establish 4 mew record This has been going on for years. The year just closed witnessed the greatest advance the Company has ever mado in one year since it be gan business five years after Con- federation, The figures of the re- port arc staggering, and indicative of wonderful strength, but perhaps the feature js the gross rate of in- terest earned, beinz just over 7 per cent., and if 'all stock bonuses and rights are left qut the rate of interest is 6.00 per cent.--truly a wonderful showing wben one con siders the vast amount invested. The earning power, after all. is the deciding factor in an investment policy, whether it be for the in- dividual or for a 'company, The Sun Life at the present time is receiv- ing about three and a half million dollars per annum in regular! divi dends on its common stoek hold- ings in excess of the dividends which were payable at the time of even write the | purchase. 'this excludes rights etc., which run into many millions Strict Supervision Same Idea of the strict super vision under which the Company operates can be gathered from the following extract from the Direc- tors' report: "A result of the expansion oi our business in the United States is that in addition to the rigid supervision of our cperdtions -oy the: Canadian Government Insur: ance Department, our affairs are now also subject to the close and effective serutiny of the Insurance Departments of thirty-eight States of the Union. In ecouformity with the dutfes of the officials of theso Departments, a lengthy and ex haustive investigation of the Com pany's transactions" was this year | made by a committee two official examiners . the States of Michiga Minnesota, Virginia Florida and the etts, Washington, ginia, 'olumbia, wp ommittee the by us « The people he report of makes gratifying refer ence to the liberal corded to our provides authoritative testimony to Company's adopting the low valutions placed our securities, the com mittee still reported a surplus at the close cf last vear of $1,333, 921.71 in excess of claimed by the Company." who wake up to find themselves rich arc of twenty epresenting Massa. has Tennesse« West Vir District ot Ohio, I'at O'Hara liery. "tie exuminine. mine. treatment zc i policyholders, ana strength Even {on it in chalk: forgotten it!" the figure such a trick ER l own: "Take ry usually boxers. [seen it! CHALK THAT UP and Mike Murphy (who, strangely enough, were Ir- ishmen) had taken tobs at a col- Pat one morning broke his |ghovel when he was down in the He was too' lazy, however, to take it to the surface with him, go he left it for his friend, writing "Take my shovel out, Mike, I've But friend Michael knew Pat ot old, and refused to be caught by . So re rubbed the me:- e off and substituted one of Lis it out yourself. I've never a ems sme ELLA CINDERS--Desperate Characters By Bill Conselman and Chute Plumb 0 Q ¢ ow Vv © ou GIVE LP ILS a THIS MUTINY AND TLL GIVE UP THE Jconis: OTHERNISE GeEY A BAT TERING ' MEN! WE'LL GET Foo FIRST AND HAVE REVENGE FOR. Lytl latter. rs of the annual Company, whose fug the top of the The high spots statement of the | of October last the Company has ramifications have aceomplisheq a great deal in establishing goodwill PHO NE 22 (3 for Canosa in moet parts of the For Your Drug Needs THOMPSON'S | 10 Simcoe Q © © © 0 9 © SARGON V/e are scle authorized agents for Sarron in OSHAWA RARN'S DRUG STORE Next Post Office. Phone 378. St. S. We Deliver ; odes lostoodioe fede dededododo 90 TIME TABLES Hi Y! Daa a a a a a a aan oe Oe XIE C. P. R, TIME TABLE Effective Sept, 29. 1929. (Standard Time) Going West m, Daily (Except Su ) his Daily y Laity: (Except Sunacy) n Daily i. Daily (Except Sunday). Gomg East 10.05 a.m. Da 2.04 pm. Daily (Except 8 i lv (Ex y 7 (L xce , U. 8. Pat. OF; Copyright, 1080, learance en' 4 [J Service Clearance of Men's Metropolitan anasnicdf sk Overcoats Final and Boys' DOMINION CLOTHING CO J G8 KING ST. W Thone 2141 We Deliver Sunday), HUH! 1 HEARD UNCLE BILL CALL A TRAFFIC ip COP SOMETHING 1ORSE THAN THAT! PEOPLE US CALL POLICEMEN, "CATCHPOLES' av). SCRATCH -BACKS 8 IT THE SIXTEENTH CENTURY WATCHES WERE MADE IN MANY GROTESQUE FORMS, TOMMY. SOME WERE EVEN MADE IN THE FORM OF SKULLS. ABOUT 1620 THEY ASSUMED A FLATTENED OVAL FORM. 12.05 a.m oid CANADIAN NATICNAL RAILWAYS Cfiective Sept. 2°, 1929 (Standard Time) Eas CATCHRPOLE Machirery Repairing NOTHING TOO LARGE NOTHING TOO SMALL Adanac Machine Shop 161 King St. W. Phone 12 CURIOUS oLo OFFICER WITH i i A CATCHPOLE 3 ~ AS FITTED H:TH A PECULIAR APPARATUS | | CATCH A FLECIHG OFFENDER BY THE NECK. THE OPE | THT STEEL IMPLEMENT ON THE END QF THE POLE YAS SUFFICIENTLY FLEXIBLE TO ALLOW THE NECK 10 SUP PAST THE V-SHAPED ARMS, AMD SO 110 THE COLLAR; Y{HEN THE CRIMINAL HAS AT THE MERCY OF THE OFF - R AND COULD BE PUSHED OR DRAGGED TO PRISON. CRATCH-BACKS WERE USED IN THE DAYS OF QUEEN ELIZABETH. THEIR NAME EXPLAIND THEIR USE. T 1939, King Features Syndicate, Inc, Crest Britain rights reserved Daily . Daily, except Saturday. aily. . Danly Westbound Diamonds ! Bassett's On Oshawa's Mam Casi | Sunday. 7. excent Sunday. HE LAW OFFICER WHOSE BUSINESS WAS 10 APPREHEND CRIMINALS WAS LONG POPULARLY KMOWN AS THE CATCHPOLE © THIS NAME CAME FROM A POLE WHICH HE [ Whitby. Oshawa. Bowmanville --- | BUS LINE COAL COAL | WEEK OAY SCHEDULE "hone 198 (Effective 'on >a after Sept. 29. 1929) W.J. SARCGANT| ang. West | t 4 i ' Arrive Asrive o 4 ---- Y ard---89 [floor 'treet kL. Orders Promptly Deliverco Lerve Leuve | Bowmanville Oshawa 51s wm 110 saa 5 au } a X am Hospital 10.5 am 124 pm = =n rr Posspprope ESppasez3s; PVE JUST GOT TO ASDERT MESELF ABOUT THIS BUILDIN A HOUSE IF MAGGIE THINKS I'M JUST \ GONNA FOOT THE | BILLS AN NOT HAVE A WORD To Hh SAY OHE'S DAFF: WELL WHAT OO YOu KNOW ABOLT THAT ? MY CARD | AM THE ARCHITELT FOR THE JIGCD NEW HOME| | HAVE THE PLANS HERE 1S MRD | JICGD NN ? KNOW THAT - | GOOD DAY: LL. | CALL aGAW) | \ , ' \ ~ 4.3% pm 645 om Nn a gr SENERssBEE; We have several desirabie Jouses for rent. CUTLER & PRESTON Iical Kstale Insarance Telephone 572-223 Night calls 610--1560 G4 King st. West 10.55 o.m Cwm 8 Arrive Oshsws Bowmanville » 86am 4 "om 5 - = - ~oRan~ROw baRzasuug -e gk | 11.00 am. LO0 p.m. pm pan ©" Sow 83 15 pom. ec 3 A 53 5 0. mn 9.05 p.m. 10.10 p.m. i; 11.5) p.m. * are through +50%p.m. 11.00 p.m, lime marked Whith.y Hospi | SUNDAY A HOLIDAY SCHEDULE Going West Leave irrive Whitby 945 em 12.15 p m. Arrive Hos, 10.0% a.m 12.23 pu teave * 9.00 wan, 4 | '1.30 a.m. LAS pal" 3.45 p.m, 5.45 p.m, 2.45 p.m, 10.00 o.m. :=~In North end of City, close to Separate School, lovely 6-room brick home, large rooms, hardwood floors, 3-piece bath, hot. air furnace, wired for ec stove, built in cupboards, etc., garage. substantial payment will take this real home. By Grace G. Drayton DISNEY HEALTY EXCHANGE eave ve. le WERENT WE SMART TO Whiisy san FOOL. THE OGRE? HE * Phone 14530 tlasphal -- : '| 12.30 pa. NEVER SUSPECTED us WERE. HE GOES IN A CLouD REPAIRING WATCHES OUR SPECIALTY If your watch is not giving satisfaction we cap repair and make if tell the correct time , D. J. BROWN THE JEWELER Official Watch Inspector for . Canadian National and Osh. awa Railroads 10 King 8t. W. Phone 189 Felt Bros. : J. W. Worrall, Oph. D. | The [nding Jeweler |" Grog pain 12 SIMCOE ST. SOUTH sensei 11.00 p. iy Ferarked | Whithy Hospital | Special Busses For AD Uccaslions Reasonsble Rstes ang Caren L.A GARTON Bowmanville Phong 417 = UW aaswe Waifiny Rows 10 Prince Si Phone 2283 " cd oh cory OLD MOTHER" HE SAID- "HAVE A You SEEN A CAMEL WITH ACUTE LITTLE GIRL RIDING THIS WAY?" bce TILLIE THE TOILER Nobody to Boss Her Now f) , - to) SENT THE CAMEL BACK To THE OGRES, S0 THEY WOULD THINK Dolly HAD FALLEN CFF HIM- {i THEN DOLLY TOUCHED THEM ALL W THE WAND AND TURNED THEM ALL BACK wiki THEIR OWN SELVES -- OLD WOMAN SAID-' YES, HAD GONE THROUGH YONDER MEADOW AN HOUR PAST-' AND OFF THE OGRE STRODE TET ITT TT OPTICAL PARLORS SESE § iui 4 _By Russ Westover OW, HELLO, DICK wea] ON YOUR MIND WHY, SURE. CAN GO RIGHT AWAY - uU SEE I'M WY OWN BOSS Now = a a pina Vil RUN THE BUSINESS = WE'VE GOT TO TAKE OUT Some INSURANCE , BUT BEFOR Dont BE SILLY- WE CAN'T AFFORD. NOT NO BE (INSURED = NOW G0 OUT AND TARE A LONG WALK IN THE dO GRIEF WHAT ARES YOU DOING DOWN HERE SO EARLY IN THE MORN ING MR, WHIPPLE NOT JUST. AS GOOD-BUT THE BEST | °° MP8) (fee "THE BUSINESS Not Equal To -- But Superior To All . D.L8W. 'SCRANTON COAL - BE. VY. LANDER King and Centre Streets . Phone 58 Sion