I 5% F8ii Pet on hand reaches record level of 17.93% and liquid assets total 46.16% of liabilities ttrpubllm Bank writes off half a million on value of investments. Surprising' results under exceptional trade conditions. The great care which has been jexereised this year by the larger bgvi‘k‘JyOLCanada in maintaining them- 'reTreitfn the strongest possible po- “a? and 1ithis way being able to Fel, against any developments that tnight arise in the country, is striking- "7rr'"iiiiis7rii%" by the showing made by (the Royal Bank ot Canada in its an- nual statement tor the f1sep1 year end- ing Nov. 30th, 1914. _ ' . \ISSUES ITS STRONGEST STATE- MENT. V _ fag compared with $86,989,390 at the end of the previous year and other current loans and discounts elsewhere than,in.Canada, $15,002,"488, as com- pared With 315551594. t. . Growth During Year. "V Even under the unprecedented con- ditions that prevailed, the progress of the bank, as indicated by increased y1epo'isits, was most satisfactory. De- posits not bearing Interest at the end ,0! the Year totalled $31s224,129; as campared With $36,276,871, at the end ot the previous year, while deposits {wearing interest reached a new high evel'at $104,827,078, areompared with t1(f1,9()(),790. The total deposits aggre- gated' $136,051,208, as against $138,- J77,ell, a, decrease of approximately hiaoomooo. It will _ be, remembered, " Oweverp that during; the year, the "fault repaid the deposit t ot; the Al. , erta add Great Waterways Co., amounting to $7,000,000, and allowing for this, the ordinary deposits during the, year showed an At1crease of $5,000,000. t Large Amounts Writtenroff. _ The profit and loss aeco11tiCit1pieates that, owing to,,icthe exceptiorACeon- ,ditions, the management has deemed it advisable to follow a very conserva- Aiterpoliey in its valuation of invest- ments, and 'this year has made a special reservation on this account ot $500000. l [Which is equivalent to as much as i46,16h', ot liabilities to public. The principal accounts in this department 'linclude notes of other banks, $2,525,- ~320-5; cheques on other banks, $5,752,- ,‘485; balance due by banks and bank- ing correspondents elsewhere than in Canada, $3,144,502; Dominion and Provincial Government securities not exceeding market value, $1,158,568; ,Canadian Municipal securities. and [British foreign and colonial public ecurlties, other than Canadian, $2,- 585,062; railway and other bonds, debentures and stocks, not exceeding market value, $13,557,741; call loans in Canada, $8,574,058; call and short (oans elsewhere than in Canada, $6,080,847. it Indication of Contraction in Trade. with the falling oft in general busi. ness in'the' country. .th urrent loans Rune natitva11rns1iown t'1itfdtiliti1gslt0J)lt ition, thgse amounting to $84,585,972, l A close study of the general state- Ment ot assets and liabilities would seem to indicate that the management has giVen its every consideration to- wards keeping the bank strong both ill-cash and immediate liquid assets, such a policy being rendered advisable by vtlle very unusual conditions brought about in Canada by the out- ibreak of the European war. In order Ito maintain such a position, even op- 1)ortunities tor profits were apparently Ignored to some extent, but as a result the statement, as a whole, is perhaps the strongest ever issued by the Royal Bank and at the present time this should be as satisfactory to share- 'lr61'ders as it is reassuring to the pub- 'If generally. Under the conditions it enables the bank to play a prominent part‘in helping the Dominion through an unprecedented situation. 3 New Record of Cash on Hand. _ The part of the general statement [which it ot particular interest is per- ,hapsthat which shows the cash po- llution and the liquid assets. At the end of the fiscal year, the amount of bash on hand reached the IPP, high l.evel of $27,683,855, which as equival- Ant to .such an ample percentage as 17.93% of liabilities to the public. This account compares with $21,466,- 209, last year, which was equivalent to "83%, or an increase of over $6,000,- 000. Including the cash on hand, the hiquid assets amount to $71,244,677, C. The profits tor the year amountiiuil' ‘10 $1,886,142, equivalent to 16.30% ort) $116 paid up capital. As the balange? ',trpur?/lt and loss/at the end of tEg' /rptevitius, year 1uppJgptpAlir $1,915,119, tiii; _ btaratir6iiht available for distri- ' ution, gjth the 'yo/i-ttplied, amtutnt. dit), to 8t#iiim cu" f t 3 amount (4,',ib-ri-tt;lim'ii:' accounted for $1,387,200; $109,000 '_was_transterred to oftieers' _-..'..l-__ ‘11.;‘1‘3 Q0511 nnn _ “"4an“ n“ Wanton; fund; $250,000, ‘Written oft £31111: premises} account; $50,000, con- [tribuyed to patriotic funds; $500,000, '#1,tr"it'tsd'.,t,trr.r depreciation in invest- ments. This left balance to be carried mustard to profit, and loss account at 1his)tpd of tVyear, $614,062. Cent gold lips. ...... Notes and bheques .. j, _ Govt. deposit ... .. other banks ....'... :Due by other banks Government seeiirities Municipal see, etc. .. gums, debts; etc. .... V all loans id. Canada . 6:311 loans out Canada ', Liquid assets ...... “If. loans in Canada . _ur. loans oflt Canada Dverduer debts ...... ' Total assets '.., To the gublio:-- pirculation THE wu BANK nal estate .. tank premises ther assets . Liabilitles. _ 1914. .....' ' 13,505,255 $171,401,337 500,000 5,861,180 1,541,536 $179,404,054 As: $25,683,855 $71,244.678 83585378 1 £02,488 3,148,854 1,158,568 2,185,062 13,557,741 8,574,058 6,080,847 2,000,000 8,277,691 578,000 éééiiéé Demand deposits Savings dep. ... Due other banks Bills payable . . . Acceptances . . . Total pub. liab. .. . To the shareholders Paid-up capital . . . . . . Reserve ........'.... Prev. balance . . . . . ' . Divs., inc. and pay .. Profit and Loss Account. Balance of Profit and Loss Account, 29th November, 1913 ...... $1,015,119.58 Profits tor the year, after deducting charges of Management and all other expenses, ac- _crued interest on de- posits,, full provision _ for all bad and doubt- tul debts and rebate ot interest on unmatured bills ................ 1,886,142,67 Dividends Nos. 106, 107, 108 and 109, at 12 per cent. per annum ..... Transferred to Officers' Pension Fund ....... Written off Baal: Premises Account .... Contribution to Patri- otic Funds ........... Depreciation in Invest- " ments ............... Balance of Profit and Loss carried forward. H. s. HOLT, EDSON LIFEASE, President. Gen. Man. Montreal, 18th December, 1914. _ The annual meeting of the share- holders will be held in Montreal, on Thursday, January 14 next, and the resume of the president, H. S. Holt, is looked forward to with considerable interest in financial and business circles. One of the reflections most com- mon to people of more than Tb7er- age' thoughtfulness is something like this: "When we go hence howl little accompaniment We leave be-i, blind us, and how well the world goes on without us." It is as pa/ thebic as it is true of most of us. We do mot diqtit1guish deeds. We do Dotiealiz"e our ideals. When the most faithful worker dies a, crowd is ready to rush into the place left vacant even if it be inconspicuous. Few leave a memory that endures for a ger1eration except in the hearts of a, handful of friends: If this life is to be regarded as finel we might be tempted to regard it as not; worth living, it is so disappoint- ing to our noblest hope," our 1ofti- est ideals. But if this life ism; dilig- cipline, a preparatory school, if Ute, chief spyipwf "aty-life, i'rrktt fake brace "NiiiFiikRkir, even our disappointmiitttt) and frustrations are prophetic: Life-l is a, cruel mystery undees its horizon! be widened to include eternity. . L " Ouch, that stab-like pain in the side is like a hot kniiqblade itrthe ribs! Is it not possible that we who have never ventured far from our home may under-estimate the intel, ligengce and brain capacity of those great tribes of savages who are» but a name to us. A scientist, leetutrmg recently in London, stated that he was one of a party of scieUipts who journeyed to Torres Straits,"axnd in (marrying out investigations rdiscov- ered that the head measurement, or cranial capacity, of the natives was just about the same as that of the avexza-ge University undergraduate. In'the'interior of Borneo the scien- tists unearthed a, savage tribe who liye in houses a hundred yards long, raised on†twenty-feet poles, with chambers ior each family, and a long corridor for the communal life of theijoint tenants. The nature of these - latter, dwellings indisputably shows that the natives have a, keen sense of the hygienic, and their SO- cial intercourse exhibits the true epirit of brotherhood. Probably got over-heated-cooled too fast-now -there is congestion, tightness, such soreness you can’t draw a long‘breath. ' This is the bgginning of Pleurisy. Pleurisy is far too‘serious to neglect a single instant. l _ p _ b, Du Lung Breaths Hurt? DANGEROUS PLEURISY ALWAYS -' BEGINS THIS WAY. Quickest relief, willfloome from a vigorous rubbing with"Nerviline. This trusty old pain reliever wi11tix you up in no time--wi11 take away the con- gestion- make you well Just as it on: Mr. Samuel St. Johns, of Stamford"; Who says:-Nn running to catch a train last week I became much over- heated. I put up the train window and rode that way in order to get cooled oft. In an hour my side was so full of pain and my breathing hurt so much that I thought I had pneumonia. I always carry Nerviline in my grip and at destination I rubbed my side thoroughly three times. The warm penetrating effect was soon motityy able and I quickly got relief. Nervi- line I consider saved me from a seri- ous illness." Any sort of a cold can be quickly brokenlup with Nerviune which is it marvel for reducing Inflammation, for relieving congestion In the throat and chest, or curing stitch in the side, lumbago, neuralgia. sciatica or rheum. atlsm. -Nothhrg more soothing or fowgrful. The 50c, large family size s t t) most economical. Small trial size Me. at dealers everywhere. Andthe less some people give the more they expect. Appropriated as follows: 'tpisttiitst Cure is Nerviline. Savages Llsignifieant, Size. The Palhos of Life. $2,901,262.25 $1,387,200.00 100,000.00 $2J)0P?j2.25 $154,319,272 ' 11,560,000 12,560,000 614,062 650,719 $179,404,054 31,224,129 104,827,078 2,536,791 50i),0i)0.()() 250,000.00 50,000.00 614,062.25 "744,389 1,481,717 IWhen a Woman Sulfers l With Chronic Backache There is Trouble Ahead. T _ Constantly on their feet, attending to the wants of a large and exacting family, women often break down with nervous exhaustion In the stores, factories, and on a tarm are weak, ailing women, dragged down with torturing backache and bearing down pains. .. _ . .a' -iiiai" siriGjnFiGit natural, but it's dangerous, because due to diseased kidneys. V The dizziness, insomnia, deranged menses and other symptoms of kidney complaint can't cure themselves, they require the assistance of Dr. Hamil- ton’s Pills which go direct to the seat of the trouble. - To give vitality and power to the kidneys, to lend aid to the bladder and liver, to free the blood of poisons, probably there is no remedy so suc- cessful as Dr. Hamilton's Pills. For all women's irregularities their merit is well known. Because ot their mild, soothing. and healing, effect, Dr. Hamilton's Pills are safe, and are recommended for girls and women of all ages. 25 cents per box at all dealers. Refuse any sub- stitute for Dr. Hami1ton'e Pills of Man- drake and Butternut. , THE KAISER’S LATEST ULTIMATUM. Gott, Gott, dear Gott, attention iblease .' Your hardner Wlhelan's here, Uud has a. word or two to say Indo your brivate ear; _ So darn may all udders now Und listen vell to me, For vat I my concerns me much, Meinself und Shermany. You know, dear Gotta, I vas your friend-t, Und from mein hour of birth I quietly let you rule in Heffen, Vile I ruled here on earth, Und ven I toldt mein. soldiers _ Of byegone battle days, I gadly split de glory, nd half ga/ve you of praise. , In every way I tried to prove T Main heart to you vans true, Und only claimed mein honest share In great deeds dat ve do. You could not haf a, better friendt In slay, or land or sea, Dan Kaiser Wrlhelm number two, De Lord of Shermany. Sovat I say, dear Gott, is dis, Dat ve should still be friendts, Und you' should _ 1selp ,to send my T _ 7 £er , _", _ V Tb. p1eeth 4eisrbitrter ends. _ 1)fa.vcr,tar.ditav Gabi; ,vill dis me do :‘ 121:1. "cyoj4iijyiyl'itie 413ml, Unammdzwmabméamuse . . 'm" 4.1%: tiiiiiiiiiiiirr'i"i'bi1eit1 'l But liétén, Gott, it must be mighty quick Your help to me you send, Or else I haf to stop abtwk And only May defend. So four and twenty hours I gif _ ' To make de Allies run 7" Und put me safe into mein blacec- De middle of de Sun. V If you do dis, I'll do my bart: I'll tell de vorld dot fwct, V But if you don’t,' den'I must tink It, is sin hostile ant! T M- Den var at mite I vill declare, Und in mein anger rise Und send meirrZepp'lin ships to wage A fight up in de Skies. _ Dis ultimatum now, dear Gott, Is von of many more, Mine mind is settled up to clean De whole Vorld off de floor. Because you vas main bapdner, Goth T T ' Some Tempting Bribes That Have r. t Been Refused. / T Immense public interest is always aroused when the names ot British offieers are associated with bribery. Hundreds of attempts are made to induce men who hold high rank to betray their country; and before Secret Service Was brought to such a fine art as it is to-day, attempts were sytilk more numerous. While he was governor of Gibral- tan' the late Sir Henry Smith one day received a, mysterious letter offering SI,000 in return for "a slight servioe," which the latter did not describe. An extra chance is giffen; So help at vonce, or else I'll be De. Erthoeror of Heffen. -Fan De Todd in Canadian Magazine. _ Sir Henry took TIO notice of the eommuniication. But irt a few days came another letterdncreasing.the offer to S2,000,_and covertly sug- testing that the governor might turn a blind eye on the landing of men and Weapqms behind the Jtelr. Next, a notable sheik, Wazir Ma- homet Ali; called and offered S3,- 000, finally 25,000, frir the favor mentioned. _ Rising abruptly from his seat the governor, a, big, powerful man, took the sheik by the shoulders, twisted him round,, ram him to the door, and sent him. sprawling down a flight of siteps. Some years ago a Captain Grapt mm despatched on a diplomatic mission to a, Jim state beyond the north-west frontier of India. First there was an “attempt upon his life, TRAPS FOR OFFICERS. but Grant managed to convey the idea to the native ruler, who knew no law except fear, that there was an extensive British force in the background. Afterwards he was visited by a, distinguished envoy of the ruler, who offered the equivalent of S500 if Grant would settle the matter in hand in accordance with the ruler’s wishes. Gradually the offer in- creased to £1,500 in money, the best horse in the district, and five wives to be selected by the young officer himself. Grant did not accept the offer. _ Sir Robert Hart, the famous ad- ministrator, when in China, one morning woke to find a, procession of, bearers and carts before his dwelling with money, silks, vases, sedan chairs, and valuables to the tune of about S1,000 in English money. All this Emery had been dumped down without any prelimi- nary negotiations by the orders of a mandarin, who wanted some little shortcomings in the shape of em- bezzled Customs dues overlooked. Sir Robert, more amused than an- gry,_ bundled the whole lot back. Different treatment was meted out, however, by an AB. in the navy named Walter Barratt, who' made the acquaintance of a charm- ing and genial stranger at Ply- mouth. They had confidential chats; and the stranger threw out hints which the straightforward mind of the sailor failed to understand. Finally, feeling sure of his man, the tempter offered Barratt a bribe of 2500 for the theft; of a signal-code book. When the blueiacket grasped the situation, he set about the man and pummelled him ttnmercifully. Bar- ratt was "run in" for assault, but the charge was dismissed in1medi- ately when the magistrate heard the story. . Molten Lead Is Dropped From a High Point into' a Water Tank. The manufacture of shot, describ- ed by Mr. O. c. Horn, in Forest and Stream, requires a high bower, auperforated pan, a, bank ’of water, anf "ttmperiedr' lead. _ _ Short is made by dropping molten lead from a, high point to the earth. The lead forms into globules just as the raindrops do when they fall from the clouds. Ordinarily, we do not realize that raindrops are little spheres, but under the proper con- ditiong they freeze, and we have hailstones, which may be called shot madeid ice. In the making 055411012, pure lead is melted and mixed with a; "tem- per" that consists mainly of tin, and then poured into a, perforatgL pan orsievcs. Che peslkyrations vary mcquing to the size of shot to bel . A_rten1p.er is mixed with the lead in order to make the, glolbules form when the lead falls. If pure lead were used, it would fall in the form of little bars, ipstead of round shot. . In order that the globules may have "plenty of time to form, the lead must tall a, long distance, and so tiyrosiepss_are built. The towers used to be made as high as two hun- dried feetupd, even more, but med: em towers are rarely over one hun- dred and fifty feet. . .' . The perforated pan into which the molten lead is poured it at the top of the tower, and the globules pf lead ball through the perforations into tanks of watéif at the bottom of the bower. The water ooiols them, Fro-m the Winter the shot go to steam dryers: After drying the 11er-, feet shot are separated from the my perfect byhueads ptrittdss tables in, clined enough so that the that, when poured on at, one end of the table, will troll to the other end. At the farther end of the table are two guttens, side by side. The imperfect shot roll slowly and with difficulty, SO that they have not enough mo- mentum to carry them beyond the first gutter. The perfectly found shot roll easily and swiftly, and when they reach the foot cf the ta- ble, they jump nimbly across the first gutter tund, land in the second. dnd, also \pgevemas‘ them from flat- telling put, as they would if they tell on a,.golid Mor. :' [ Aimevr separation, the perfect shot are polished by rolling in p11uzrlrago, and workmen them put them in bags tor Fhipmtmt,_or strrd them direct to the -oarserfdge-iu1ing department to be loaded into shells. Sometimes l self-made man malresra noise like a phonograph. Any man can borrow trouble without thank references or 8e011r- iby. Some pgople are willing to take almost ally old thing except a hint. ED. ' ROW SHOT IS MADE. ISSUE 1-15. It is undoubtedly true that, un- der certain conditions, it is possible from a good altitude to perceive ob- jects at a, certain depth below the surface, but this is mainly the case with calm, clear water, with a fa, vorable light. In the choppy gray waters which abound round British coasts, ct/submarine would rarely be detected, more especially as the view from the pilot's and observer's sea-s is, in the majority of. cases, most defective at the present time, and the fierce slip-stream from the propeller revolving in front, added to the high speed of travel, reader the use of goggles imperative. But, in the opinion of a writer in the London Daily Telegraph, minor difficulties such as these may, and no doubt will, be overcome in time, and .experience alone can show in how far the aeroplane will serve as a protection against submarines. THE BEST MEDICINE FOR LITTLE ONES Baby's Own Tablets are the best medicine for little ones. They are guaranteed by a, government ana- lyst to be absolutely safe and never fail to cure constipation, colic, colds and simple fevers by regulating the stomach and bowels. Concerning them Mrs. S. Shannon, Urney, N. 8., writes: "I have used Baby's Own Tablets for my two children and think they are just what little ones need. _ I would not be, without them." The Tablets are sold by medicine dealers or by mail at 25 cents. a, box from The Dr. Williams' Medicine Co., Bsoekville, Ont. ' I know that this, day will never come again. Therefore I Will make it the beat day in which I have ever lived. I know that happiness is a thing witithin, and it is always in the world and very near to me. I know I have but be sear-ah for it, and that as soon as I begin to hunt it out I have it. Also; I know that as soon as Ifget happiness and be- gin to give it may it comes back doubled-and more-to me. I know this. I know that work is a stimu- lus, and that, it keeps the world alive and moving. I know that the people who work with love in their hearts and interest in their brains are the real doers and benefactors of mankind. I know that I can be a (Melt amide beneUctror. I lmow that life is exactly what I make it. I know that other people and other forces can influence my life and work only as I follow it. I know that I am young if I live youth; I know that I am happy if I 'live ha,p- piness; I know that I am worth while if -1 shtternpVand 'i1piiottirlisgr worth-while things. " I know that the greatest thing I Can eviredprirs to do my best at all times and _iitiir': every circumstance-leo-e air, bhew Adams. Be Shall Not Want. 'Wes," said Mrs. 'DWdckenlbury, "our minister has decided to go to another pasturagey' . 2' Pat right oat of business, a, whole iam. ily of. come by PatnaalrGyrn Extractor, which" we! come and wants in one dat, No pain or some it "Putayaan's" is used. Refuse smbstitutee, Wie. per bottle at all dealers -. Teacher-A train leaves London travelling tihirtypniVs an hour. It is; followed thirty minutes later by a' train travelling sixty miles an hour. At What point will the second train run into the ftrsye? Boy c-At the hind end of Ute rear car. We publish tsim1y1ts, straight. testimort- hale. not; press" agents' ir1tarvimrs', from welluknorwn peoplle. _ ’ .. From MI over America they tedtif'y_ -to the merits of MINARD’S LINTMENT, the best of Household Ramediets. _ a' . MINARD’S DINIMENT co., LTD. When Ethel was five year-3.013 she went to school for the first time. "How do you like your tevyher, Ethel?†asked her mother. "Well, mamma, I don't think the teacher knows very much.†"Why not, my dear?†"Whrshe keeps asking questions all the time T’ _ A custom commonly observed by newly-married couples among the ancient Tam-011.5 was drinking a wine made from honey during the fins) thirty days after mafriane. The use of the ward “moon†was, used simply to designate thtrperiiod of time, oueunosveh, that the use of the wime continued. In no other respect. was the moon supposed to have slgnifiaaa1ee la the gamer. AL thoth the custom oi dunking this part cuLaJr kind of wine was long ago abandoned, the word honey- moon has {survived in a different sense. It is wow applied to the period _ after marriage, long or short, genenadly: devoted to a trip away from home. "-, Minard's Linlment Cures Garget/in " Mtnard's Linimsnt cures CONS, Eta. Seeing Under Water. TAKE NOTICE. The "mrnesmoou." MURDERED What I Know "NS. IF YOU WANT TO BUY OR SELL A Fruit, Stock, Grain ~or Dairy Farm. write 11. W, Dawson. Brampton. or 90 car H. W. DAWSON, Ninety Colborne Street. Toronto. borne St,. Tr ronto Mammary For 8alla Engine, shafting, belting, pulleys, etc. from large factory for sale. Wheelock engine, 18 by 42, completes with cylinder frame, fly wheel, bear- ings, etc., all in good condition. Shafting from one inch to three inches, pulleys thirty inches to fifty inches, belting six inches to twelve inches. Will sell entire or in part. , H. W. DAWSON, Colborne St,, Toronto: C ANCER. TUMOBS, LU MPS, ETC†internal and external. cared Title out pain by our home treatment. W_rito, us bgfore too_liytp Dr. Btllrpstt Memos) "a.j%itzyjftGiiimrw-oa, Ont, s. Frank Wilson & Sons, ttt Adelaide Street West, Toronto; I1c)seess-1 want you to sing, Mr; Basso, but it’s such a pleasant party l hate to break it, up. ' At a, crowded concert to, heap Patti aryo'ung lady was looking for a seat. "“15 1t a seat you want, miss?" asked the Irish usher.' "Yes, a, seat, please." "1ndaxlts, miss," sairpat, 'tiili'd1itd"be gVxi, to give you a sate, but the empty, ones are all full." i - "chaiGrrsays I grow more beaty. trirririrv=eaayuiee he sees me." "If that's, the case yriittsugltt to' make him call twigs: a day," tiitsscijalat 1reply. _ _ _ " YOUR OWN DRUGGIST WILL TELL You Try Murine Eyre Remedy for Red, Weak, Wagery Eyes and Granulatrd Eyelids; No Smarting-s just Eye ,Cpmfort. Write for Book of the Eye by _rsiaur,r'reer' Murine Bye Remedy Co., Clrieagat An Irishman, hearing of a,friend who hadastone coffin made for himself, exdaimed: "Faith, that’s good. ;Su1j¢f'ah" a stone coffin will last a man a, lifetime.†', minard’s Liniment Cures Distemper. Minard's Linimem Cures Diphtheria. 'l/RSC/sf) have. a for the aslkig, _)i/iii,si;,i,:,ei,ij,'iinie -isgietl regularly will remove blemishes; and make the skin smooth, dear, and sound. Vaseline Cold Cream contains no animalpr veg: Mable fits. It is sterilized in the making and delicately WHAT, IS’ YOUR, MIRROR'S STORY? perfumed. COLD CREAM A full size jar of Vaseline Cold Cream will be sent t9 yovlirectUyn receipt of the' price-lk. Drug and department stores everywhere sell the various "Vaseline" preparations. Write fat he illustrated "Wse line" booklet aging All about than CHESEBROUOH MFG. CO. (Candidate!) 1880 CHM AVE. MEAL No. REASONABLE OFFER REFUSED. FARMS FOR SALE. MISCELLANEOUS Pleasant.