Acton Free Press (Acton, ON), December 2, 1948, p. 9

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thursday dbcembbr 3 ims the acton free press paqk nine tirin tim buslnsaai mn of the vluag bald a banquet end meeting at the buaholmv inn on monday evening kenneth ucklnnon of lultsbur von the king 3d guineas tor the beet eteer exhibited et the hoyml winter fair by an ontario junior l topping the hat of lvestock wln- bera wa the grand champion ateef ol the njr cannonball a yearold aberden4jlnxua ateer owned by lloyd mack of eremoaa hvwwiamp the winner was by the eeme aire a lucky which won last year aaand chatnplonahlp at the fair for mr mack at the auction the mcklnnon an imal wmeh weighed 020 lbs sold aor s300 per lb while the mack knlmal weighing 860 lba aold at w 00 per lb advocau report of bank shown in easy to read style oakville stepa are being taken to fomv a akl club in oakvill if wough member are aecured it u hoped during the coining winter season to organise ekpetlltlona to well- known akl jump such u oedar spring and colungwood murray ehvln rapp aged 18 waa klued almost instantly about 3 40 sunday morning when the taxi he was druutg waa struck by a west bound cnjr- freight train at the ninth une crossing east of oak vill the pretty century old white church of st lukes palermo waa the setting on saturday november 30 for the marriage of lois irene daughter of mr and mrs ivvrd rogers of merton to mr robert jamea cooper of sudbury son of mr and mrs robert w cooper or toronto the ordeal of life in a german prison camp during the war was described by col labatt of ham ilton in an address before the oak- vllle rotary club on monday even ing record star showing the way for the fourth consecutive yvr the hank of mon treal marks yets another step in humanising its annual report a practice originated by the ii of m in 1d43 mhd designed tn take the formality out of bank staunfesntx lalldreealng lis 131t annual re port a special message to cus tomers of the 11 of m the report immediately include the reader as an arthv participant w4th the heading ie took you and 1700000 fellow canadian to write this billiondollar story then it goes on to show just how dollar depos ited nt the tw m arcwkopt hard at work helping canadians in ev ery walk of life to make a better future for themuelves and for can ada as in last years atatement bright thumbnail sketches and clear everyday language in the ac tual breakdown of the sta figures make the el otvf report understandable ami making in everyone rranl depoit 1i ttllllea in step with an increasetn prac tically every department of the banks actlvlte deposit are nearly 100 million dollar higher with most of the increase being in the saving deposit category these deposits amounting to well over one and threequarter billion dollar demonstrate how a national institution like uicb of m is big simply because a great legion of dtliena look to it to safeguard their saving and to employ those saving according to sound banking principles reflecting the banks steadily growing participation- in business nctlvltles the b of ms commercial loans increnwnl by nearly 8 per cent over last years figure nnd its holdings of industrial bonds and debenture show n substantial re- addltlon of over 32 million how- wanted dead animals v are pa ing the highest prevailing prlc or daad or crippled farm animals horses cattle hogs telephone collect for immediate sarvtc laing cartage opekatinq fob gordon vounq lxmred pboae gutlph um vr this has not occasioned a re duction of the banks holding of government and other public sec- rturl which have increased by ipproxlmately 8 per cent rho banks tesoutxe haw rai it- d i new high of jj091shy 000 his figure vxeveda the i of ms llgiitlom lo the public by v2- ttjooo net praltta hieady alur ulng all overhead evpen- aaaaababaaagaibbaab sh your support m will be appreciated for wjmcleod for acton council for 1949 as in the past i will cndeaor to gie my best service to the affairs of the community voting- monday december 6th 9 ua to 7 pja balblllalalalblblblalalalblalbiaalalalal your vote and influence are respectfully solicited j for arthur swackhamer for ree of erin township tor 1919 if m experience tn council tan be of service to the town ship 1 v ill appreciate the vote of ratepaen on elec tion da m record i uell known and i will do m best if elected to cre all faithfullv and well election 0 monda decrtlwvr 6th 1 including staff bjlaiea bonus- ikt ami itrltsutlon to tit pn- kioii fund nnd nflor mult ih4i lro lulin fur tntnthtut iutttt and for d- prwntloai ivf tmhk vrmuoat arul ttixv ih ii of m reiwru wattitiiliii for llu yr tirivountlntf to 3458- ivoo thin imuxuvi with 93433- hx1 in tht previous ysar rroflu tuvfotv tax wvrr- mohkwht lower tvfuhllnu hlfthi ovoiatlntt coartu and lntrvt iaymehu on large kutvlng tkimulta out of mln 3 00 000 wan dmrlhutsmt to arelviuur xj hjtlnmv of jlkmumlo brlha rn- fphrwl to tjw inoflt ami loa ac count a uialtu vrnlta ttttmit an umovatuviim in lam year h m re port aunut ut thw whiw billion dol lar atory fvlng in detail iown to iho ml th diatrlbution of thtt year arnlna in rlatlim to the ttharvhouwa lnvtd dollar n tm h ktllnr of thu khnrvhold- era motivy lnv9tad in thtt hank uf montreal the bank arnd lollo in tl4h of thu 3 51c wittm tmld in thxrg 4 mc wnt to the ahare- ikohkrai and th rvtiialhhttf 2 ma uut o aurplua pollock ahd gunphell mich chabe memorials mfmorlal r 62 water hi north gait tujcrilonb ma l ltros the nation in utics towns and villages the b of m has kept your nionev ami the moncv of tooooo other customers hard at work in 1918 helping canadians in eejy walk of life to make a fatter future for thctmelms and for canada here is the money that makes the u heels of lommerce awftm turn that provides thousands of business tfwjhtt enterprises i from the largest corporation to the smallest oneman show with the credit the need to tarry on from day to da to citizens on salaries to farmers uh seasonal intomes to merchants manufacturers business men in esery worthwhile line of endcasour tomunicipalities school boards and v to churches sss goerhments hospitals and all types of public institutions hundreds of millions of dollars are being loaned hy h of m managers at more thaiy h branches from ip j the atlantic to the pacific wl thats a glimpse of the i91h worksheet for your samitgs the sum of your contribution to canadas progress added to that of 1 700000 other canadians in the h of m family h of m depositors savings your sa mgs thus play a vital part in maintaining our high canadian standard of irving and in making canada the third greatest ratling nation of the world yes by sav mg at the b of m today y arc helping to build the greater canada of tomorrow while securing your own future icyjif v wmat the b al m has to meet its obligations s cash the h of m has csh in it jultt and munr on deport with the bank of cjnjja jnnnintin to money in the form of note of cheques on jn i drpmiti ith other bank iwlstutnts the hof m hui over j hilhon dollars inv cited in hijh jtrjdc jjoernment hondt and other public iccurilies uhich hae rcjj market luted on the lljnk s books it figure not grtjjsr ihm ihttr mjktt utif they amount to the bofm hu other bnd debentures and ttikks reprcvcntink in arc measure jltance to induitry for punt dnclupment in the pot jr penod theie investments arc earned at call loahx the bofm has cjii lmn lucl are fully protected by quickly saleable mtiuritie lliee loans amount to quickly available mlouucts the reures lttrd abeve all of which an quickly be turned into caih ci ver h 09 of all that the lunk own to the public these quuk asset amount to 104ms dunnjt the ear many million of dollars have been lent to business and industrial enterprises for production of every kind to fjrmcn fnher men lumbermen and ranchers to citireni in all walks of lite and to provincial and municipal governments and school districts these loans now amount to bauk buildings in hamlets vib toa t large cities from coast to ciust he h ot m serves its cusuwnen at more than 500 i tlues tc value of the buildings owned b the hank t ether ith furniture and equipment is shon in tt ksks at i ill il axm1a 114rh7s0 99 l00mvh9nfl 119037wb9 1 7igoo what the b tf h owes to others of oiits wtiilr miny huin lirmi nunufacturcrt mrrchanl fjrmrn jnd prttple in every type of hull nesi have iarje dernuitt with the b tf m the hulk of the money on ilenmit with the hjnk n the tjvinitl pi well over j million private iitucn the total of all ileroit i 4nk notfs b of m hill in circulation wliuh are paahle on presentation amount to othfl llailtltlfl mmcllanci inn injinly conumlioents underlj on hehalf of cuvtomerv in thei trajr trjnvaitit n totai oh what thf bofm owis its otpositors and othlhs to pa all it owis thf bofm has tttm rf sources as shown on tilt ifh sllr or this statfmfnt amounting to which mfans that the fl of m has kfsol w fs ovek and abovr what it owls amounting to i ai9wj4c44 leom item reprevent ii jerlaken hy the hank tvtttu1 r foreign and lomcvtil tjh j gj 144j17j9 17mtis tl9oa44l407 4s iwiiaom07 ll4wvo 197 02 man otnffl assits these hicfly represent liabilities of custiinen for commit menu nude bv the hank on their behalf losermk foreign and d mestic trade transactions totl iusolrcfn which till d of m ii as to mht itbonllgtios 4k22u 22 i 1 f u- 1 h u2 12 this hure of h2 9 w 241 n4 is made up of money subscribed by the shareluddtn and tn some extent l profits whuli hae trom time to time been ploughed back lato thai business to broaden the hank rtvur ahd i je a i led prttetion fur the dtfioulafl fislmimgs after piping ll overhead expenses indu ling staff salaries bonuses and lontributions to the ijrnii n hurul n 1 after making provision for ci ntingentic and for depreciation of hank premises furniture and equipment the h of m reports earnings for the turue months endeti october snth l of provision for dominion income and i mess ptohts taies and prosincial taxes leasing net larnings of this amount a distributed is ft ii wi dividends to mia r eh licit halance lo profit and i os annum 2 s cjioooo w bofm earnings on the shareholders investment si wi ho mb 07 i and how tun vx1hi dimdi1 on rath dollar of the xhareholders in hank of montreal ihe hank canted r to taxis j to shmimio l to si hiils oney invested in the 111 17 cents in 1948 s tents i si tents 2 2i irnis hez5tr 2sz- bank of montreal huu6ti tt gut4 working with canadians in every walk of life since 1817

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