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J ities _ 1 Jives by the "of d - sufficient plo of the i = within, di are. hn do > . An Increase of $72,412, 9 235393000 ni . 265,889,000 - = 78972000 ,825,000 - Pay 'to Policyholders and - Beneficiaries - - - Total Payments Since Organiza- ) tion SLAC. - - - " Reserve for Unforeseen Con- . Contingency Reserve An Increase of $5,371,000 ASSETSatDecember31,1926 345,251,000 Z Ee Sp gion, sad are to be se ve! 7 a i he Seltgon - |accol - in oly, Spirit of Oe oh of ~ 0! . 3d gE gz g Hu $ § sch FE this, car .at ome. another and chaiable accusations injure ! ; 's characters, they are Christian cause. It is Sata is the gainer, . he as 16, 17. So Paul returns 2 # and this will keep ¢ ER ] flesh H s Ee ir i i 2 i TELE Tt to be constan ~ them. . edo, a hy Vs. 19-91, Paul begins Ring expoovie of Whas the Jo V. 15 en Jistians, forgetting 2 A g * market values _Anlncrease of $42,195,00 snes" ~ po Surplus over all Liabilities and =~ ~ - 0 x Dividends to Policyholders increased for Pt seventh successive year - 257,816,000 38,576,000 11,000,000 34,011,000 nh - , The operations during the past year have re- « sulted in substantial advances in all depart« "ments. . .. . *.." 'The néw policies paid for. . . . almost double _ the figures of two years ago. The assuragces in force, after deduction of reassurances, . . . . show an increase of..... over twenty-three per cent. Policies and | group certificates now outstand- ing aggregate well in excess of half a million. The figures relating to resources and earning powerare equally sai ry. . ~The high quality and profitable character of our ifivestments has been demonstrated. - As a result of continued reduction in prevailing' rates of interest, and.of satisfactory industrial - "conditions, there has been a further rise in the our: long-term bonds and of our preferred and other stocks. The appraisal of our securities made by the Government Insur- ance shows that the excess of hasincreased during the In sum vie vgs ition, the sum- SE 1.750,364,51 hs been realized aa nes profit EXTRACTS FROM DIRECTORS' REPORT stock privil received in®connection with many of our holdings. - The quality of the investments listed in the assets may be jud from the fact that on 99.55 cent of cent of the preferred stocks, not one dollar of in- terest or dividend is in arrear for even one day. On our common stocks the dividends now being received are greatly in excess of the dividends payable on the same stocks at time of purchase. The total*surplis earned during the year amounted to $20,457,077.28. From this the following appropriations have been made: The sum of $2,000,000 has been de- ducted from the official valuation of our se- curities to provide for possible fluctuations in market values. This raises the amouns.set aside for this purpose to $5,000,000. In other words, the value at which our securities are carried in the balance sheet is $5,000,000" less than the appraisal made by the Government authorities, The account to provide for unforeseen con- tingencies has been increased by $1,000,000 { smpti ; - bringing the total under this 'heading to Paid or allotted as profits to policyholders has' trom thegfdemp Sonor sale eh hans | geben: ag X ; ik a 2? multiplied five and a half times: Weare gratified high premiums. The rate of interest earned on The book value of our Head Office building ~~ to announce, for the seventh consecutive time, the mean inves asetts ga al risen to the | has been written down by a further sum of a further increase in the scale of profits to be remarkable figute of 6.69 per cent, Lo the result $250,000 though' it certainly could not ibuted to our policyholders in the ensuing of substantial dividend increases, bonuses, and be replaced at even its original cost. year. & Br 2 ok ear > : #4 } e bonds and on 99.71 per: the profits tb participating policyholders. Dur- ing this period our profit scale haa been doubled. While the assurances in force have multiplied two and a half times since 1920, the amount An .additional amount of $400,000 has been set aside to provide for ter longevity of annuitants. The total held under this head- ing in excess of mment requirements, is now $1,500,000. ; The reserves on the newly acquired busi- ness of the Cleveland Life, and en other re- assured policies, have been'raised to the same high standard as that used for the valuation of liabilities under our own contracts. : To our polieyholders, profita have been paid or allotted during the year to the amount of $9,235,526.80. . After making these deductions and alloca- tions an addition of $5,371,564.56 has been made to the undivided profits. The surplus over all liabilities, contingency accounts and capital stock, now stands at $34,011,565,25. For six years in succession we have increased * N LIFE ASSURANCE PANY OF CANADA Here is how | keep my rad- powder, | shes freé from worms: When they are well up I sprinkle the leaves with fresh wood ashes while they are wet with dew. If rain should wash the ashes off I go over them again at about | once. Usually one or two good t| applications are sufficient. | For onions I use a different | should attend to the matter. Surely Father should take a part in family discipline. It is unjust to ex- pect Mother t6 do it all! But on the other hand, is it not unjust to ask him to punish for offences committed in his absence? Can he possibly deal as fairly with the little offender as the mother, in whose presence the child was naughty? Should Father be obliged to impersonate an old ogre whose homecoming is awaited with dread of impending punishment? I be- Heve the reader will stand by me in answering all three questions, "No." Let's try to go fifty-fifty in this discipline business, Fathers and Mo- thers. It will work out better for the youngsters, and be easier for us. Better Syrup, Better Prices. A heavy hardpan soil may be a dis- advantage for some types of farming because it stays wet too long in the spring, but this very fact makes it desirable for maple syrup production because the run lasts later, With 1,000 trees on this type of soil we have produced about 500 gallons per year of syrup high enough in quality that we have difficulty in filling our orders. Nearly all of these orders are local, yet we are in quite a productive sec- tion. We use wood that has been cut for a year and is thoroughly seasoned. Furthermore, we never waste any of this wood boiling rain water or snow, for this is not only expensive but dlso , injures the color and flavor of thS syrup. With seasoned wood and an evaporator 'we can boil the sap very fast, thus giving it a lighter color and smoother texture. My wife and I have also found a little effort spent in washing utensils gives big returns in quality. After all, nearly every marketing problem is solved by producing a qual« ity product. Not only do you make more but you also get more satisfac tion out of your job. We are getting 26 cents above the market price here for our syrup, or on the average about $2.26 per gal- lon.--C. B. M. Composition of Commercial Fertilizers. Farmers and others who are in the . market to buy fertilizers will find a reliable guide in a new pamphlet of the Dominion Seed Branch, distributed free by the Publications Branch, Depts of Agriculture, Ottawa. It gives the results of official analyses of samples of commercial fertilizers offered for sale by fertilizer firms during 1925-26. The percentages of each plant food guaranteed to be contained in each sample by the fertilizer trade are placed side by side with the percent- ages shown by the official analyses. This enables the purchaser to see at a glance the composition of a fertilizer offered for sale and whether or not it measures up to its guargntee. > as a Féed no grain to the ewes for two or three days prior to, during and fm mediately after lambing. 5 rors fmt 3 Isn't it strange that whenever a man reasons with himself everything always comes out just as he wants it to? Joos ---- guinea fowl is coming into