Georgetown Herald (Georgetown, ON), July 27, 1955, p. 3

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vickie lay a1std ttoodonertoind sb vs lab comrrnw professional diploma mcmkx and txamattt canaman damcc tkachots association ul is raoiarretion accepted now fdr twvw endjell class in ballet tap musical comedy conducted l 8 margaret st sunbeam heights tujw 7ssss plumbing mmatm800ms injtaiijb wtbr sfttmaa repair of all kittdw ken charlie nash mcdowell 8 m0 mtt easy yeusl 73m1 home services 4 wuson avi exampton offer the following e asphalt pavino driveway parking lets e excavat1no sand and oiav oftnami ntal metal woik for free estimates phone utampton 313 or 3 ho j falls n kaaaptoa a bug hatha one believed ta be a wottdrecord plumreofil tram the sky during a july lath atoms lending in m tlotuteus yard at 90 mill st n brampton the trlanguls-hp- ed hiis m assured four inches by six inch and weighed approximately six pound the largest previaua hall- etnsse est record tell in spain nearly 100 yean age it weighed four-end-a- bau pounds mslton airport officials reported that bo kin rendition ex- iated at lb time of the stones des cent thus quashing ute theory that the ice ell from a pasting aircraft trousseau tea for miss ida archibald betere ber marriage hiss ida ar chibald we the honoured geesl at several showers and her mother held a trousseau tea the lru ol ute beardmore office held a kitchen and pantry shower or ute bridfrtobe al mr beuy ann tylers noma a miaeellaneoua shower u held at lira kan btuttblngton home and other friends gathered la acton with wrt a orr u hoateia friends and relsuves called at the brutes parenu home a k- 3 aetoo for ute trousseau tea oa saturday july 2nd pouring were ute bride grandmother lira william uilroy of guejph ute grooms aunt lira larne garvin o glrn williams and a coua in lira hugh hamilton of bchom berg thoae who essuted in serving were mrs k archibald acton litis ixir raine garvin glen williams and mirs susan cole rockwood showing the brides lovely gifta were miss jean archibald and urs joan knight 210000000 bank loans for housing in one year fagsl jwy mh pittsburgh paints exteiioi and inthioi ernies radio mjh st t 73701 automobile collision repairs refinishing re upholstering glass installed personalized customizing georgetown collision service maple ave west at 7th line georgetown complete auto body reconditionikio c ioy smith prop tpjanole 73790 open daily 8 am to 8 pm flowers for every occasion design work specialty howin b wire anwhrre in the world norton floral trunou 71513 georgetown more than ssjooo ht have teaj built or are tmmty f- canada oo beak credit undw th unm of the national htmititttf act t h atkin son the retirta prwittaat told the annual mii hi f ol the ban ken association lasl wefcv up to aril so 1kj5 with the woh- aee proeruu in effect only alicbtly more than a year thiurtred beaks have committed nore than ttlottw- 000 in bouftinx loans said mr alkin- aoa who has completed his two year tens u prwi4nt of the total number of towing- tfhiti approved lor loans under the ct 40 pr cent are bta financed by the cluuiered banks continued lir atklnxoo addla that tb4 extent of benk pxruripatioa wu notsble cobtnbution toward eeeins ol the homing problem throughout canada recalling tus predrtoa that the chartered banks would undoubtedly give their newlycreated power to make boualng taaju a fair chaaec to work hr auinaoa commented title facts now hear out the aound- nets of that prediction the banks have entered wholeheartedly into the mortgage lending field and despite many difficuiure caused by lack of experience and trained staff have achieved results which i believe it u fair to state have surpassed these an ticipated by the federal government wkeo it announced its intention to introduce the egiiistloa leans will tiureaae ur atkinson noted that while on april 30th the banks had k1ia mort gage commitmenu exceeding s310 u00 000 actual advances totalled su8 000 000 he explained there would al wii be a lag between commitmrnu and advanrr because payment are made only as conilrurtioo proceeds auo hr istti some mortgages have hern sold with the banks retaining the servicing ur atkinson asid be was particu larty proud of the fart that bank hou stng loans were bciog made not only in tht larger crntrn but also in the mailer more reinoic areas where previously it had been difficult if not impossible to obtain adequate iiiortkit asstktanrc the chartered banks m he said ha made mortgafie loans from one end of canada to the other and broad y speaking they are aailable in ev cry community within reasonable reach of a branch bank thus ano ther objective of the leiilstion his bren fully m t that of increasing the machinery for making houin loans t adtlink the 4 100 branches of the chartered banks man of them in small centres uith the first ears cxpfrlcncc atifartor there l no doubt that thefinancinj of homes undi r tht na lonal llousini act i nou an am pteit and integral part of canadian tiank ing mr alkiruon commented but emphasized mr atkinson tits pitc th large olume of mortjake loan a volume which will increase steadih there has been no restric tion in the ability of the chartered benks to provide credit to ordinary hank b the otoosands of bv dividitals ecrporaiioas axtd ptthlk bo dies that rely tm bank credit to jnsjst in their hmnvrngr lnu fuiiiiiwr i take a look take a drive check the price plow 8 or dynamic hykra v8 yxwi amjoy inaunuy raaponaive power long lib mllnaro rinnatlnf economy a briaf talk with your dodga- dcsoto dealer will convince yom mb at rainbow huaa loaida and otttdmfucatoftbobouralntha ealopr parada too joat caw mbmtm on the road wffl thaw you that dodge ia atao tha atandout ety for pariormaiiea wheuivouchooaaulrirpow naver baaora could yoo fat an mdeh ear tor ao little money your dodga- dasoto dealer ta ready to deal hv etteiac topdollar tradein allow- amoeathat wffl aave you real raoneyl so eoma in today or nhona for rlamonatratlon driva take advan tage of toiiportanlty turn at oont buy ut any otad car dekndabuf usd cam cat yow dailejajrsmo j y an ean be aura wbaia yoi deal far a laaad ear laara bat of honest value for your m dabatoelaaawl hewsoii motprs ltd 6 miu st tjl72422 air- atkinaoa noted that the char tered banks had entered with energy and diipateh ute latest field or spe cial hanking legislation use home improvement loans te of the national housing act between feb 1 when use girf vent into ef fect and may s zj60 loans totalling tjim000 had been recorded with central mortgage and housing cor porauon during the short life of utu new hanking service he said loans have been averaging 1000000 a month a figure i believe that will increase aa both hanks and home owner be came more familiar with this leading field mr atkinson auggteud that tha chartered hanks participation in tha housaag and noma improveaant pro grams was only typical of how the hanks wtre keeping pace with cana das gigantic economic strides la recent years it is a source of pstide he said that canada has one of the moat flexible hanking systems la ute world adaptable la change and tempered to meet new conditions and situations today it la atronger than ever before it ta more atehlr serves more custom rrs slid provides a wider range of services mr atkinson remarked that one of the slgmfirsnt features of ute general financial picture in recent months had been a eonstdrrsble decline in inter est rates in cansda this had been in sharp contrast to a progressive in crease in both new york and london and reflected he aald by ute eaay monry policy followed by ute bank of canada alnce late in 1053 intsrm rales falllna this policy designed aa a stlmu lsnt to the nstibns economy hin ssld mr atkinson posed problems for the chsrtcred hanks which have been confronted with ute necessity of employing surplus funds st steadily felling rates which on the wholr bear little relationship to coat factors of the banking system mr atkinson said the ibm dank act revision altered the cash reserve requirements of the chsrtcred bsnks the result wss that the banka cash rcicrcs hsd been more than suffic ient to meet all demands for loans at the ssme time the banks had found it possible to take full snd extens ive part in the dsy to dsy loan market establtkhrtt in canada for the first time a rar ago this msrket had proven to bt an effective means of channeling funda for development purposes snd capital investment it slso hs hsd the effect of strengthen ing the liquid position of the bshks and aasistlng in the smooth unction ing of the banking system as a whole mr atkinson auggested that the remodel vow otd fur coat use a lovswy cope jacket or stole fnimfj a workmanship guaranteed free storage a choice of many styles write fee heen service complete selection of ine urs in stock at special aummer prices use our cenventsyst lsyway plan per as iihta as 1000 a month garry offman furs 484 yestoe st wa 1713 toionto interest rates on daytoday loans ran ging between a high of 15 per cent and a low of 3 per cent have clear ly reflected the full play of unrestric ted compeutive force in the market a general reflecuon of the sharp coav petiuon that exists in all fields in this country asmcbove institute tour takes in historic places on tuesday morning july 10th thirty our ladies of aahgrove wom en institute including a few friends bosrded a chartered bus at aahgrove they proceeded down the 7th lisa to oakville where they turned west to burlington they enjoyed seeing the beautiful homes and their well- kept lawns on the lakcshore highway they cut across the burlington beach to stoney creek the birthplace of tha wl where they saw alsrlhe mem orial of the war of 1812 it they can- tinued to brantford where they visi ted the alexander graham bell home stead the lovely old mohawk chap el built in 1783 by king george iil the tomb of captain joseph branu a memorial to pauline johnson and tha museum they toured the playground of the institute or the blind and vis ited at st george the cairn erected to mark the birthplace of adelsida hunter hoodless tha founder of the wl then they turned toward hamil ton and at 6 oclock enjoyed aa ex cellent dinner at tha greystone tea a hearty singsong en tha return trip brought a good dsy ho a happy end ing tbe brantford board of trade cer tainly helped them to sea their his toric city mr and mrs morgan moving to bc ad english family who have bee resident el tha district for am months are plinnlng to leave for the west coast on friday snd will he ma king their stoma la vancouver bc ur and mrs b george aforgaa emigrated from eagland m4 yeassj ago and first lived at pott credit nine months ago they moved mat r 1 oeor air morgan has beast asnployed at the avro plant at georgetown mr afargaa aasahtaaaaa time btthe has al sjan tosakehtafca r t and janet jt

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