Uniform 'WE CAN SUPPLY THE FINEST KIND OF Dressed Quebec Spruce V. Joint, ades--well milled--in-Flooring; rey Siding and Sheathing. t us have your inquiries. | ALLAN LUMBER C0. VICTORIA STREET. "Phone 1042 2 The Geriersl Manager and Staff of =BANK-TORONTO Extend to all their Clients and Friends Hearty Good Wishes "i i for : : AMerry Christmas and a Happy New Year ees Wo il ----a-- NAAT R815 a A AAA A COTCH SHORTBREAD Have something good. Order 'our Scotch Shortbread -- made with F. Eastern Dairy C. HAMBROOK CATERING IN ALL ITS BRANCHES STREET . Phone 2510. A A iy. JOHNSTON AND { Bibby's Block. Princess St., Any of the bonds on our lists may be purchased on our Partial Payment Plan. Ask for oar tist of offerings ARD Kinoston. { | WHIG MONEY AT WORK Brief but Important Lessons im Finsvece, tn, Stocks, Boads and Investments CAN YOU SOLVE THIS PROBLEM BEFORE READING THE DISCUSSION BLOW? COMPANY NOI. ® 5 Seve Stock ¥25,0000ma) TOTAL CAPITAL ¥100,000 ANNUAL EARNINGS $4000 BEFORE PAYING Bom. STOCK IS MORE The value of a stock is affected by the amount of bonds outstand- ing. In the case of the two companies show 'In the illu:tration, the only difference i3 in the proportion of bonds to stock. Both have the same total oepital and the same earnings and equal earnings per share on the stock. | It earnings declined 25 per cent: or $1,500 the earnings applicable for the common stock would have been decidedly different. In the first company there would still be $1.500 or 3 per cent for the stock after interest had been paid, but in the second company there would be nothing. Interest is a fixed charge. If it and the stockholders might lose the money which they Invested. Evi. second company are taking a larger risk of foreclosure, so the stocx 1s worth leas, This illustration shows how of bonds to stock in the capital of & company. AGRIOULTURAL EVENING. Enjoyed at Renfrew In 'Connection With Short Course, Renfrew, Dec. 21.--A very admir. able presentation of the work being carried on by the students of the Three Months Short Course in Agri- culture are Home Economics, under the direction of M. H. Winter, dis- trict representative of department of agriculture, was made on Wednesday in the lecture hall of the Renfrew Methodist church. The ladles on the reception com- mittee were Mrs. A. Radley, and Mrs. M. H. Winter. M. H. Winter, as chairman welcomed the parents of the students and the members of the Renfrew Women's Institute, and de- scribed clearly the purpose and bene- fits to be derived from a concentrat- ed course. Christmas carols were sung and an appropriate, "Welcome song to Mothers" was rendered by the girls of the Homemaket Club. Miss Marguerite Lord, Toronto, gave two very humorous readings Jo a delighted audience, which show- | '| character sketches was much od its keen appreciation by sustain- od rounds of applause. Under the direction of B. Sum- mers, assistant agriculturist, a sing- ing stunt was performed by the stu- dents of agriculture, which demon- strated their lonely lot as bachelors. Following this BE. Summers enter- tained an interested audience with motion pictures demonstrating bread making and canning. He Introduc- ed the debaters, whose subject was, "Resolved that the farmer's wife has fewer opportunities to enjoy life on the farm than the farmer." The sup- porters of the affirmative were, Misses Grace Lejteh, Ida Johnston and Isabel Eady; and of the nega- tive Wiliam Hamilton, Duncan Mc- Laren, Hay Forrest. Great credit was reflected on Mrs. J. C. Fraser, lecturer 'of English and mathema- tice for the clever way in which the debate was presented. The judges were Mrs. Johneon, Mr. Laughland, jecturer of field husbandry and Mr. Ager, lecturer agriculture. Mr, Laughiand responded on behalf of the judges and reported the decision of the judges to be in favor of the affirmative. ' The critic appointed was Rev. A. Radley, whose witty summary of ap preciated. : The chairman called upon Miss Ruth Lampkin, - director of home economies for remarks, , and Miss Lampkin called for cheers for is mot paid, the bondholders foreclose | dently then, the stockholders of the | im- | portant it is to know the proportion | 11854; HAS NO FEAR OF LABOR REGIME Sir Donald Mann, who hag just re- turned from Great Britain, expresses himself as feeling no alarm at the pros- wi pect of & Labor Government there. He thinks its policies would be moderate. TOWNSHIP OF LOUGHBORO, List of Reeves Given Since the Year The following are the reeves of Loughboro Township since 1850: Sylvester Holden, 1850-1852; Dr. David Ash, 1852; Charles Joyner, James Wood, 1865, 1858; William Boyse, 1857; Sylvester Hol- den, 1858; James Wood, 1859-1861; i Willlam Boyce, 1862-1864; William Mace, 1866; James Wood, 18686, 1867; John McRory, 1868-1870; William Boyce, 1871, 1872; John McRory, 1873-1877; Charles Rut- tan, 1878, 1879; Robert McConnell, 1880, 1881; John Rutledge, 1882, 1883; Charles Ruttan, 1884-1887; Joseph Woodruff, 1888-1891; Sid- ney W. Wood, 1892; William John { Corkdll, 1893, 1894; Matthew Trous- dale, 1895, 1896; John M. Blake, 1897, 1898; Robert J. McFadden, 1899; Benson 8S. Buck, 1900; John J. Graham, 1901, 1902; Charles Truscott, 1003-1905; Andrew Mc. Fadden, 1906; Jabez M. Stoness, 1907, 1908; Charles Truscott, 1909. 1911; Jabez M. Stoness, 1912; Charles Truscott, 1913, 1914; Jabez M. Stoness, 1915; John M. Blake, 1916; Charles Truscott, 1920; Edward Stus, 1921; William Guthrie, 1922, 1923. Four of the above reeves have been wardens of the county, viz. John McRory, Joseph Woodruff, Ja- bez M. Stoness and Charles Trus- cott, Two have been reeves of other | townships, viz., Matthew Trousdale, reeve of Portland township, and An. drew McFadden, reeve of Storring- ton township. Mr. Belly was unseated in June, 1921, and In a by-election, July, 1921, William Guthrie was elected to fill out the term. F Robert McConnell died and John Rutledge was elected to fill out the term. John McRory was elected M. P, in 1878. The late John Walsh was town- ship clerk from 1850 to 1860 and from 1863 to 1871, The late Joseph Nichols was township clerk from 1860 to 1862 and from 1874 to 1878. Charles SBhole was clerk the lat- ter part of the year 1862. The late William Walsh, son of John Walsh, was township clerk from 1871 until 1874, The late John Wilson was town- ship clerk from 1879 until 1887. Oliver G. Rutledge was township clerk from 1887 to 1889. The late F. M. Lawson was town. ship clerk from 1889 to 1916, a per- fod of twenty-seven years. Ross G. Guest was clerk from 1916 to 1920 and is the present clerk. H. F. MacNamara was, township clerk from 1920 to 1923. The present reeve, Willlam Guth- rie, has served two and one-half years, and is again seeking election. The present councillors are Henry J. Knight, Thos. E. Hagerman, Miles W. Spafford and George W. Wals- worth, all seeking re-election. The treasurer Is Damon W. Lake, and Philip H. Roberts {s tax collector. He who runs a racecourse ought to exert himself as much as he can to trip up or throw down the man with whom he is contending. So in life there is nothing wrong in a man try. ing to obtain what may be to his ad- vantage, yet roguery is unlawful. The mind is more easily impressed by what is seen than by what is heard, 1917] conquer, but ought by no means to 1 J. Johnston has ordered a radio. Mr. | ed at D. J. Cronk's recently. { WHY THE WEATHER? | DR. CHARLES F. BROOKS Secrotary, American Meteorological Society, Yells How, | | The Old-Fashioned Winter, Place no credence on the oft.re- ~ peated assertion that 18: the mori eastern states and southern Ontario (the '"'good-oid-fashioned winter" {is a thing of the past. The records of ! three centuries in New England do! cut show any permanent erductiou in snowfall or in the frequency ot "old-fashioned winters," though! there are series of years, even de | cades, when unusualiy snowy w.nters predominate, and other teries when open winters are the rule, thus iu | the span of a lifetime giving rise to! the impression of a permantly changed winter climate. Occassionally we have a very mild | winter, and so, 00, do we have ery | severe winters. In the ald days, mixed with severe winters were uuu | seasons containing the "green Christ. mas," which in the old sayings begot a "fat graveyard." For example, in the northeastern United States and eastern Canada, 1915-1916, 1917-1918, and more locally in New Yorx aun bec, and the Maritime 1822-1823, were cold and storwy winters, while 1916-1917. 1918- 1919, and 1920-1921 were unusually open. Several of the past elgh win- ters had snow enough over a wide area to satisfy the demands of the most captious of the "old-fashioned winter" theorists. Various factors of modern life, aside from the occurrences of actual winter fluctuations, known to occur over long periods of years, are re: sponsible for the Lellef in a changed winter climate, including the town- ward drift of the population, the re- nioval of snow from the city streets, heavy trafic on country highways and the removal of persons to re- glons having normally le:ser snow- fall, Also, strongest impressions are those of childhood, when snows "chest high" is only half as deep as "chest high" on an adult, A "KITCHEN SYMPHONY." | Proved a Big Hit at Sharbot Lake Concert. Sharbot Lake, Dec. 21.---The an. nual Sunday school Christmas tree and entertainment In connection with St. Andrew's Church, Sharbot Lake, was held in the new commun- ity hall on Wednesday, Dec. 19th. A musical play was mo:t ably rend- ered by the members of the Sunday school, entitled 'Santa Claus and Co." The choruses! solos and dialog- ues were good, the "tinsel faries' and "popcorn" girls, being very pretty. 'The children showed - that they had been very well trained. An amusing feature of the even. ing was the 'Kitchen Symphony" by the Sunday school teachers and other friends, the "instruments us- ed for this "symphony" being all manner of kitchen utensils, accom- panied by the piane. Everyone seemed to enter whole.heartedly in- to the concert and worked hard, therefore it is not surprising it was a decided success, At the close Santa Claus, after =» suitable speech, distributed the MONDAY, DECEMBER 94, 1083. A 3 1919-1920, | New England, Eastern Ontario, Que- Provinces, | i - ; Select Your . Greeting Cards Now In a very few days you'll be send- ing them out, and when you discover there are still several wanting, all the nicest cards will have been picked up. Our selections are still very inviting and most. moderately priced." Cards from 5c. upwards --at: 'R. Uglow & Co. Bring your car in, or send for us to call and get it. We will give you a flat rate for overhauling it or repairing it. First class mechanics. Special Compressed Air Oil Spray- er for removing squeeks, and the Greasing Rack, are some of} the features, Service day or night (repairing and washing). | BLUE GARAGES, Limited | Phone 567. Cor. Bagot and Queen Sts. FOR AUTO ELECTRICAL REPAIRS See F. HALL The Auto Electrician--20 years' experience Storage Batteries recharged and repairec. All work guaranteed. 335 King Street | WE ARE NOW BOOKING ORDERS FOR WINTER Automobile Painting FROST'S AUTOMOBILE PAINTING 299-505 QUEEN STREET. For Auto Togas For all kinds of Automobile repair work, and where a real mechanic is needed, sce us and have it done right. R. GREENLEES Angrove"s Auto Sales, 146 Sydenham Strect Phone 1232, Kingston Battery Service W. MILNE, PROPRIETOR, ALL MAKES OF STORAGE BATTERIES, STARTING MO- | TORS, GENERATORS AND MAGNETOS REPAIRED OUR PRICE FOR CHARGING BATTERIES PHONE 10253. 113 BROCK ST. many gifts, to as many expectant and eager little people. The pro- ceeds amounted to $25.40, which will go towards the Sunday school funds, SE A ------ Mountain Grove Tidings. Mountain Grove, Dec. 20. -- The Christmas tree at the Union School on Saturday evening was well . at- tended. The pupils, under the sup- ervision of their teacher, Miss Tay- lor, rendered an excellent pro- gramme. The Christmas tree and concert by the pupils of the village school, with Mr. Smythe as teacher, was held in the town hall on Mon- day evening. A large crowd | was present and the sum of $28 was realized. Santa has to come by auto this year, as the weather man has delayed in sending the snow. _ H. Card's general store was com- pletely destroyed by fire on Wednes. day evening. The loss is estimated at $23,000, partly covered by insur. ance, A number attended the Cowdy-Wood trial in Kingston. R. Hawley motored to Sharbot Lake on Sunday. Mr. and Mrs. J. Hewitt have re- turned to Kingston after visiting friends in this vicinity, Mr. apd Mrs. William McPherson, Oso, visit- ed at R. Beverley's on Sunday. D. McDonald, who was serving on the! Jury in Kingston, has returned heme. | and Mrs, O. Cronk, Lonk Lake, visit- Mr. and Mrs. D. Cox motored to Kingston on Monday. Mr. and Mrs. J Godfrey spent Sunday at J. D. Clark's. Mrs. E. Hughes, Pleasant 'Valley, at W. Cowdy's; and Miss Laura Conboy at A. MéDonald's. | Clare Price is spending a few days in the Limestone City. 1 Parker CHRISTMAS . SUGGESTIONS Tea Waggons, Felt Top Tables, Cedar Chests, Candle Sticks, Famous * Kenwood Blankets 15 Special Chairs Upholstered Seat and Back, Mar- shall Cushions, -- good quality of Tapestry, $13.50 Worth $17.50. «$1.75, $2.00 SHOO FLYS $1.50 to $3.50 HIGH CHAIRS White Enamel from $3.00 to $10.00 Little sons have come | recently wit nearly of W. J. McCrudden | F. Miller, Na EST 2% y PEG 6- spen 'some | tween F. A. Perry's farm and the Ottawa.' J. L. | farm recently purchased by H, Johus 100 turkeys, ¥. WAS Bury rin AZ Br. madq.s irlp (0 Ottawa | trom 3. 8, Jo hi