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TH-URSDAY, NOV. 29th, 1945 PAGE NINE THE CANADIAN STATESMAN, BOWMANVILLE, ONTARIO and Mrs. Ward will be greatly mnissed. Ever since Mr. Ward came to the village, he has taken a great interest and has been an indefatigable worker in ail com- rnunity enterprises. He is a mem- ber of the executive of the base- bail club and also on the execu- tive of the Skating Rink Associa- tion. His place wiIl be hard to flli in the community life of the village. Newcastle Dr. and Mrs. H. McDonald anc Mrs. McKenzie, Toronto, were guests of Mr. and Mrs. H. S. Brit. ton. jean Gray, Bracebridge Public chool; Leona Tebble, Oshawa; rank Hoar, Toronto, were home. Samn Brereton, Toronto, Mr. and Mrs. Tom Brereton, Collingwood, visited Mr. andi Mrs. H. Brereton. Mrs. Clarke, Toronto, visited lier mother, Mrs. Baskerville. Bill Thickson, Toronto, visited his parents, Mr. and Mrs. Thick- son. Mrs. Ash and Helen, Rouge Hill, were home. At the morning service of the United Cburch, a ladies' trio, Misses Betty and Marie Allun and Mrs. Margaret Hockin, rendered c number "Teacb Me to Pray." t the evening service in the ab- nce of the organist, Mrs. E. C. Fisher, Mrs. Margaret Hockin sup- plied. Y.P.U. met Nov. 19 witb Pres- ident Evelyn Allin in charge. First part of the meeting took the form of a hymn sing-song. After the business period, Glenn Allin and Rev. Patterson led in recreation. C.G.I.T. group met Nov. 20 at the parsonage witb President Christine Alldread in charge. Marjorie Toms took the worship period. Mrs. W. Patterson talk- ed to the girls. Hazel Farrow had charge of the program which consisted of a reading by Ruth Gordon, piano solos by Hazel May Fisher, Mrs. Patterson and Hazel Farrow. Before closing they en- joyed a period of recreation. Mr. Edward Symons, Welcome, called on his aunt, Mrs. Geo. Rick- ard. Miss Marion Allin was guest of Mr. and Mrs. Wesley Yellowlees, Enniskillen. Mrs. Norman Allin visited Mr. and Mrs. Frank Osborne, Bow- manville. Mr. and Mrs. Ernest Overend, Toronto, and Mr. and Mrs. R. An- derson, Oshawa, were guests with Mrs. Stella Anderson at "'Two Elms." The funeral of Edwin Arthur Beman, Kenora, who pased away at the Weston Hospital on Nov. 2lst, was beld from the residence of his uncle Mrs. W. E. Beman Son Saturday at 3:30 with inter- ment in Bowmanville Cemetery. Mr. and Mrs. Cyril Meadows, ,Toronto, visited his parents, Mr. and Mrs. George Meadows. Two of Newcastle's citizens suffered severe injuries from falîs last week. Miss Annie Drum- mond is in Oshawa Hospital with a broken hip received when she fell on the sidewalk. Mrs. Sandy Moffatt was taken to Oshawa Hospital for X-rays for injuries &,,sufered wben she fell in Brit- îwton's store. Mrs. Moffatt was able tlb e brought home from the hos- c~al and is now confined to her dome on North St. It is with regret that the people of Newcastle have learned that Mr. Horace Ward is giving up bis general stère, and is leaving the first of the year for Aylmer where he will open a shoe store. Mr. Reeve C. R. Carveth be remembered as one of the most outstanding and public-spirited men in the village. At the meeting on Friday even- ing Councillor H. T. Manes, mov- ed, seconded by Hydro Commis- sioner Ernest Rinch, that a vote of thanks be extended to Reeve Carveth for his splendid, untiring and worthwbile efforts during his years in public life. Councillor John Rickard, chair- man of roads and culverts, gave bis report o! work undertaken and accomplished by members of bis committee in 1945. Total amount spent $1,025, this includes, snow clearing, weed killer, cal- cium for unpaved roads, County sprayer, and tile for culver ts. Councîllor H. T. Manes, chair- man of sidewalks, gave a resumne of his work and dealt with the question of Newcastle's inade- quate street lighting. Chairman George Jamieson, Newcastle Hydro Commission, very ably dealt with the question of Hydro and street lighting. He informed the meeting that New- castle Hydro Commission had re- ceived a rebate of $263 this year on the street lighting. He spoke highly of Reeve Carveth's work as a member of the Newcastle Hy- dro Commission. Nominations are as follows: For Reeve-George Anson Wal- ton (acclamation); Cecil R. Car- veth and John Rickard who were also nominated withdrew their names. For Councillors (4 to be elected on Monday, Dec. 3rd)-John Rick- ard, Hugh T. Manes, Thomas Brown, Percy Hare, Stanley Graham, George Meadows, Mich- ael John Gogerty, Archie W. Glenney. Howard Toms and Phillip Williams withdrew. Board of Education (re-appoint- ed by acclamation) -Albert E. Mellow, Rev. Douglas Dewdney, Ross Dickenson. Newcastle Hydro Commission (By acclamation)-John Ernest Rinch. Stanley Graham who was nominated withdrew his name. Orono News Rev. S. Littlewood, Mr. M. H. Staples and Mr. Robt. Sherwin at- tended the Durham County Tem- perance Convention at Millbrook. Miss Viola Noden has taken a position in the local post office. Park St. Church choir held a so- cial evening after their regular choir practice on Wednesday ev- ening. Harry Mercer's car which was stolen about two weeks ago was found in good condition near Un- ionvifle. Thieves entered Gordon Watson's garage last week, belp- ing themselves to a lot of small articles in the shop. Girl Guides met at the home of Mrs. J. J. Mellor to plan for the opening of the new Guide hall whicb was formerly the Masonic hall. Mrs. Howard Walsh was host- ess to the W.C.T.U. for their No- vember meeting. Devotional per- bod was conducted by Mrs. S. Lit- tlewood. Mrs. Fralick was ap- pointed to judge the temperance essays written by pupils of the Sunday scbool, and final plans made for the Gold Medal con- test. National Film Board with Mr. E. R. Woodyard in charge showed very interesting moving pictures to the Public and Continuation school pupils in the town hall on Thursday afternoon. Mr. W. E. Armstrong and Mr. J. J. Mellor attended a matinee "Rose Marie" at the Royal Alex- andra Theatre in Toronto. Friends and relatives are wel- coming Elmer Middleton home af- ter his many years of service ov- erseas. Mr. and Mrs. M. H. Staples en- tertained the staff of Park St. Sunday School Thursday evening. Rev. and Mrs. W. P. Fletcher were guests. Hon. Captain S. A. R. Delve, member of the Belleville Presby- tery of the United Church, who was attached to the honor roll of Bridge Street Church there, has been named supply minister at Seeley's Bay. He replaces the Rev. H. L. Latimer who has re- tired through illness. Captain Delve served overseas with the Canadian Forces for a lengthy period of time and was returned to Canada last May, suffering with a spinal injury. After hos- pitalization, he has now recovered and is returnîng to the pulpit. He is a brother of Rev. W. T. R. Delve of Wooler, and son of Mrs. R. A. Delve, Orono. CLARKE PROGRESSIVE CONSERVATIVE Clarke Township Progressive Conservative Association held their annual meeting in the Or- ange Hall, Orono, on Saturday evening, Nov. l7th, for the trans- action of general business and for the election of officers. Despite the bleakness of the evening a good turnout was pres- ent from throughout the town- ship. The main business was the election of officers for the en- suing year, which resulted as fol- lows: President, T. A. Reid; vice- president, Hartwell Lowery; trea- surer, Gordon Martin; secretary, R. R. Waddell. After the business was con- cluded, the Hon. Dr. R. P. Vivian, Minister of Health and Welf are, and member for Durham Coun- ty, was called upon to address the gathering, after which the rest o! the evening was given over to a social chat, followed by a lunch provided by the ladies. Orono Fali Fair and Orme Gamsby, Feature In New World Magazine The- December, 1945 issue o! New World, one of the ultra-pic- tonial magazines published in To- ronto, devotes a full page to Or- ono Fair and Orme Gamsby, the perennial pinch-hitter, musician and sportsman who takes the spotlight in this annual occasion. Hal! tone pictures accompany the sparkling text under the title "That Faîl Fair Feeling." It tells of the reunions where the old boys of the county foregather to welcome home the wandei ers, to reminisce and watch the young 51CHU CED -/ eiffl<e *E'N5-or-Monos>8aak Voe qulck relief f sun tebi cued bsr ocauia. atglatje, at.ablu.silmpYuand othhrltc1sin cseu. Sootbo.. coiorta a»d QCZ icalme laehlel.ntfS As oas nal ones carry on a great tradition. A large picture shows a tan- dem team of heavy draught hor- ses passing the grandstand. Four smaller pictures show Orme with his carnation, posed with a Hol- stein, pitching rings, patting a prize team. It is good advertising and the reporter got the name rigbt, The Durham Central Agri- cultural Fair. Reeve of Clarke Tp. Retires After Fifteen Years' Public Service After 15 years continuously in office in the municipal govern- ment of the Township of Clarke, Reeve T. A. (Bert) Reid announc- ed his retirement at the annual nominations held at Orono Town Hall, Friday. Bert commenced Reeve T. A. Reid bis terra of office back in 1930, in the midst of the depression and bas been the guiding force in township business aIl during the I - depressed period and throughout world war II. After 4 years in council he moved up to Deputy Reeve for 2 years and for the next 9 years, with unanimous consent he served as Reeve. 0f his 15 years of service it will be seen that he served in a dlual capacity for eleven years as a member of the township coun- cil and also its representative on the Counties Council at Cobourg, one year as Warden, where, ac- cording to press reports and min- utes of proceedings, he took a pro- minent and constructive part in shaping policies and effecting economies in this larger unit of municipal government. A straight 15 years in office, particularly during most difficuit times, is a record of service of more than passing interest, for as everyone is well aware, it has meant sacrifices in respect of time and personal affairs. And. personal affairs in the lean years together with the shortage of farm labor in war years, were of a nature to require the full time of any farmer. But Bert Reid has given during those years the utmost of his time and talents to municipal government. He has stuck with the ship in bad times and in wartime and now declines further office as we come into more happy days. Dur- ing the past 15 years Bert has been several times nominated for parliament. It was felt that he could capably follow bis father the late W. H. Reid, M.P.P., but on ail occasions he has resolutely de- clined in the belief he was ful- filling a greater need by con- tinuing in municipal affairs. He will be greatly missed in both Clarke Council and Counties Council. CLARKE NOMINATIONS Clarke Township will hold an election on Dec. 3 for reeve, dep- uty reeve ai-d councillors. The candidates are: For Reeve-William Laing and Edward R. Woodyard. For Deputy Reeve-Melville CASH ... The B of M bas cash in its vaults ansd money on deposit with the Bank of Canada amounting to.... . .. .. .. . MONEY in thse forms of notes of, cheques on, and deposits with other banks (payable on demand or at short notice)... .. .. INVESTMEFITS: The B of M has well over one billion dollars in- vested in high.grade government bonds and other securities, which have a teady market. The malority of Uiemn will be paid ina full at early dates. Listed on Uhe Bank's books at a figure flot greaer than their mnarket value, they amount to.....0 STOCKS of industrial and other companies forin but a small part of the Bank's holdings (actually only 3 of 1% of ail its invest- ments). Valued aI no more :I.un thse market price, they amount to0 CALL LOANS: The B of M bas calI boans (boans payable on demand) which are well protected by quickly saleable securities. These loans amount to.............. .. Q UJCKLY A VAILAILE RESOURCES: The resources listed above, ail of wbich can quickly be turned into cash, covner 89.44% of ail that the Bank owes to ils depositors and other-. Tlsee quick assets- amount to .................. .. .. .. LOANS: During the year, millions of dollars have been loaned to business firms, to farmers, to fishermen - to citizens ini ail walks of life, and t0 Provincial and Municipal Govertiments and School Dis- tricts. These boans now amount 0......... .. .. .. .. ... BANK BUILDINGS: In hamlets, villages, Iowns and large cities from coasît t coasî the B of M serves ils custcdners at 470 offices. The value of the buildings owned by Uhe Bank, together with fur- niture and equipment, is sbown on its books ut.... .. .. OTHER ASSETS: These chiefly represent liabilities of customers for commitments made by the Bank on their behaif, covering foreign and domestic trade transactions, totalling $16,895,827.58.... JonEs and Fred B. Lovekin. For Cou ncillors - Geo. W. adke,R. L. Hoy, Jas. H. Lowery an rhr McKay (3 to be elect- ed). Orono Police Trustees were re turned by acclamation as follows: C. T. Miller, Wm. Riddell, R. E. Logan. The West Clarke School Area Trustees were aIso elected by ac- clamation: Russell Osborne, W. Harold Gibson, Austin Turner, Brookes Cowan, Wes Wood. NEWCASTLE NOMINATIONS H. C. Bonathan, clerk of the village of Newcastle presided at a well attended meeting in the Council Chamber on Friday ev- ening for the purpose of nomin- ating members of the Village Council for 1946, also 3 members for the Board of Education for 2 years and one member of theHy- dro Commission for 2 years. It was with regret that the meeting beard of the decision of Reeve Cecil R. Carveth to retire from public office. He has ably and efficiently served the inter- ests of the people of Newcastle for 10 years, one year as a coun- cillor and 9 years as reeve. He also hrougbt honor to the village by being unanimously elected Warden of the Counties of Nor- tbumberland and Durham for 1945. He bas always been inter- ested in and worked bard for any project for any civic improve- ment. Warden Carveth will long $161,907,89lÀ42 124,063,250.42 jFor Sturdy Children * Serve Carter's Body-Building Bread 1 At Every Meal TO THE RATEPAYERS 0F CLARKE TOWNSHIP I have been approached by se- veral of the citizens of this town- ship, to offer my name as a can- didate for election to the Clarke Township Council for 1946. After serious consideration, I have decided to seek election to this office on Dec. 3rd. Time for- bids a personal canvass but in ask- ing for your support, I pledge myself to act in the interests of all ratepayers, if elected, to the best of my ability. Your vote and influence are respectfully solicited. 48-1* WILFRED HAWKE ALFALFA SEED TO EASTERN CANADA Because there is insuificient al- falfa seed to meet the normal seeding requirements in Eastern Canada in 1946, the Dominion De- partment of Agriculture bas an- nounced that the canlot freigbt rate from Winnipeg to Eastern points on shipments of such seed will be paid, but only on sbip- ments approved by the Seeds Ad- ministrator, Ottawa, prior to sbipment. Normally the surplus of alfalfa seed produced in West- ern Canada is exported to the United States. The freight rate is being paid to provide an equitable basis of payment between farm- ers in Eastern Canada wbo use the seed and alfalfa seed produc- ers in the western provinces. I I l à , '~A I More than a million Cana. Business firms and private Weil over one hundred thou. I To buy seed, to market crops, I In financing the needs of dians keep their money safe citizens from the Atlantic to sandindividual Canadians- to improve their faims ... government and of business, at the B of M. Each of the the Pacific bave, during the plumbers and postmen, truck grain growers, cattie and the Bank shares heavily by Bank's 1,400,000 deposit I year, borrowed and repaid drivers and trainmen, doctors I potsltry raisers, fruit growersi investment in govertiment accounts is an expression of many millions ofdollars from and dentists, business £Den and fur breeders-farmers in I and other bonds and deben- trust in this 128.year.old the B of M. Now standing and business women-turned every line of agriculture- tures. Throughout the war institution. The money on at $220,000,000, the Bank's to the B of M during the last borrow at the B of M. Money I these investmnents have in- dep sit, totaillng $ 1,613,- boans oil the wheels of coin- twelve months for a Personal which farmers borrow flot creased tremendously and 000,000, is being constantly merce and industry ... speed Loan when extra money was onlybringscomfort and pros. today they amount to well employed for thse financial their expansion . . . create I needed to take advantage of perity to agricultural com- I over a billionf dollars. The needs of the nation, of busi. employment . . . and lselp an opportunity or meet an I sunities, but, by enabling majority of these are gilt- ness, and of citizens in every Canadians in tlseir personal emergency. Ninety.four peo. farmersto produce more, con- edge seciarities, maturing at walk of life. day-to-day financing. t pie out of every hundred who tributes to the prosperity and I early dates, and are readily II asked for money got it. welfare of the whole nation. marketable. WNAT TUE 8 of M OWES TO OTIERS: DEPOSITS: Business firins, manufacturers, merchants, farmers ansd private citizens, nunibering well over a million, have money on deposît witls Uhe B of M. These deposits amount 0.. .. .. . .$1 ' SAHKX NOTES: Bof M bills in circulation, which are payable on presentation, amount to...... ... . . .. .. .. .. OTHER LIAIILIT lES: Miscellaneous items, representing mainly commitmerats undertaken on behaîf of Customers in their foreign and domestic trade transactions, totalling $16,895,827.58. .. ... .. 1,117,604,002.86 333,993-69 60,417,105.51 $1,464,326,243-90 220,264,341.15 10,57 1,610. 18 20,772,125.26 TOTAL 0F WHAT THE Bof M OWES ITS DEPOSITORS AND OTHERS................... TO PAY ALL IT OWES, THE B of M HAS TOTAL RE- SOURCES, AS SHOWN ON THE LEFT SIDE 0F THIS STATE- MENT, AMOUNTING TO...................1,7L WHICH MEANS THAT THE B of M HAS RESOURCES, OVER AND ABOVE WHAT IT OWES, AMOUNTING TO . $ 7 This figure of $78,741,934.44 is made up of money subscribed by Uhe who own the Bank and, to some extent, of profita which have from tlime1 ploughed back mb t se business 10 broaden the Batiks services. PROFITS: After making provision for contingencies and aftep pro- viding $579,840.48 for depreciation of Banik premises, furniture and equipment, the B of M reports a profit for the twelve months to October 3lst, 1945, of............. .. Taxes under the Income and Excess Profita Taxes Acts are estimated at Leaving a net profit of. ..... ... . .. .. .. Of Ibis amount, shareholders (paid dividends at the rate of 60 cents a year for each $10-share of the Bank) received or will receive. Thus, the net amount to be added to the balance of profita from previous years' operations is..... . . .. .. .. .. Balance in the Profit and Loss Account at October 3lst, 1944, amounted 1........................ . . . . .. .. ... Leaving the balance in Ibis account at October 3lst, 1945, ut... ;13,428,705.56 I 0,619,026.50 I 17,144,653-99 7,192,386.05 15,934,320.49 78,741,934.44 eshareholders I to time been $5,719,681.58 2,785,000.00 $2,934,681.58 2,160,000.00 $ 774,681.58 2,413,821-32 $3,188,502.90 BJANK OF IVINTREAL I GEORGE W. SPINNEY, Pre.ident B. C. GARDNER, General Manager - - - - - - - - -1- - - - - - - - - - - - - - -- ---------- ----_ I WORKI N G 'WIIH CA NAD IANS IN EVERY W,ALK 0F LI FE SIN CE 1817 RESOURCES WIIICII THE B of M MAS TO #AEET ITS OBLIGATIONS: NEW DR ESSES.. To Suit Your Budget' Rabbit Dresses 4 In style, size and price to suit every requirement. $10395 ME'SOVERCOATS New styles in Greys and Brownis Better get yours now as stock is lunited. Couch, Johnston & Cryderman PHONE 836 No WXAwN LLE TOTAL RESOURCES WHICH THE B of M HAS TO MEET ITS OBLIGATIONS...................1,715,934,320.49 PAGE NINE ooor Baked fresh daily and contains the best nourishing ingredients. Sold direct from baker to customer. The man who is always out for You can't put the clock back in himself is always in bad with your married life but you can put others. your hearts back in it. Let's face it. If we don't open Any fool can criticize. The up our hearts many of us may man of the future must match his have to close up our business. criticism with a cure.