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Durham Review (1897), 4 Feb 1909, p. 5

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see the took of offering hlic or ool lib- plenish- a good “I own 3| u now in tadd sellers Block. Dunn- [nan yd . Arse yd d ane IIere ce 1.00 on L75 pr 3.00 on 'tces Elan " fl ur '. , adenoid. Economy is no disgrace ings, Underwear, Suit Cases, Bo body to examine our stock. GREAT BARGAINS The questiuu is often asked, Why Because they are practising ECONG quality and we are selling them at All goods bought maybe returned, if in the money will be given beck. We have just ope neatest patterns. To people going West we would say, come Merchants in the West ask long winded prices. Lenahan l) HARDWARE FURNITURE Lenahan 8, McIntosh. McClary'sj?gcd Stoves & Ranges Carving Sets Razors Scissors Pocket Knives Our lines of Hardware, Oils, etc., are complete. Among our specials you will find ex- tra value in and Cutlery of all kinds. We buy carefully, so that Produce taken " cash and the highest prices paid. On all lines of WINTER FOOTWEAR. These include Lumbermen's Rubbers, Oveprhoes,Caragans Felt Hunts, Slippers, &c. Also Mitts and Gloves away doum in price. Custom work and Repairing as Usual " Down Town Shoe Store Agency In barium for , . cclcbntcd [not Inch lit-men's Rubbers. J. s. Mcllraith plea lid stock of new .3“: 'ivlsr, tl cthe u FEBRUARY 4, 1909 . q G. 8, J. McKECHNIE . . Good Buying means Good Selling. always on hand. educed Prices HEADQUARTERS FOR (LSU. McKECHNIE Just Arrived med a hue assortment of Lace Curtains ofthe uewe: t designs and the Come and examine them, the Iosvness of p.ices will surprise you, Large Sales and small Profits r'new Dress Goods in Ps tho most papular prices Lace Curtains are we [wing offered in Clothing, Dry Goods, Gents Furnish- obs & Show and Groceries, and we cordially invite ever- 4 ft, 6 in wide by 6 ft, 3 in long. ' . ...15.00 4 ft wide by 6 ft, 3 in long,..... ....1f.00 made in 2 pieces, extra..........50c The Ostermoor Patent Patent Elastic Felt mat- tress, made from the best quality of pure raw cotton covered with the finest quality Sateen Art Tick- ing, is guaranteed never to mat. pack, get hard or lumpy, and to give you a lifetime of satisfaction. Prices as follows : uu pcnplc come such long distances to buy our goods! DMY. We have the quantity of goods and the right prices, our motto being do people, come such long distances to buy Mattresses may sell cIntosh. Panamas and Lustres of the newest colors and m. They are plain and dnrable and mob in good condition, except- go.ods out, and easily and at such prices as cannot be and do your buying before going, as the You are practising economy by doing so. ' These ingredients me all hatmleen laud easily in xed at home by shaking l well in a bottle. This mixture has I {peculiar healing Ind in 0 llng cffeet up- (ou the entire Kllll't'y and Urinary struct- Int”. mil often overcomes the worst forms of Rheumatism in just a little while. This mixture is mid to remove ,all blond tiisvrders and cure Rheumat- I inn by forcing the Kidnovs to ftlter and litrain from the hood and system all aunc acid “ml foul, decomposed waste (matter, which mum there aMittions. f'l‘ry it if you aren't well. Save the pro- l acripIIOI). Massey Harris Mowers & Rakes Fluul Extract. Dandelion, one In]! Hume; Compound Karat)“ on: ounce; Compound Syrup tiarsapttrilltt, llama ounces. Take tt leuspoonful after each maul. Hero is a simple home made mixture as given by an eminent tuultority on Kidney diseases. who makes Ibo state- went that it Will relieve 'dmotrt any case of Kidney trouble it when halo" the stage of Bright’s disease. Hu slates such symptoms as lame back. pain in the side, lrcquenl desire to urinate. edptciully " night; painful and dlucol med lllluhllul', are readily overcome. Here is she recipe. Try it, Make this up The work of the Ami-Hon bu been largely education-l in character. its objects Include the tl'",',',',',, of more ration-l and 'eiegttitie met ode of dealing with the foreutn the ex- ploration of public land (with a View to ascertaining the area not suitable tot agriculture and the letting apart of these for permanent forest hind), and the dissemination of knowledge the Association has established the Canadian Forestrv Journal which is received by all the members. The president for 190809 is Mr. W. B. Snowball, of Chatham, N. B., and the secueturyjis Mr. A, H. D. Rosa, ot the Faculty of Forestry. University of Toronto, who will be glad to give any information desired regarding the Association and its meetings. A special convention of the canadian Forestry Atmoeiation is to he held in Toronto" on Feb. tith and 12th next. The session. will he held in the thm. vocation Hall of the Univenity of To- ronto. As in previoua yea". the mit. ways are granting a single-{are rate for the meeting. More and more the Iuhject of For» try is claiming attention. the (not gradually dawning on the public mind that the subject is vitally connected with the country’s welfare. 01112 Durham Rattan and ail kinds of Massey Harris implements tor Haying and Har. vesting seasons. De Laval and Massey Harri Cream Separator. Coal Oil and Machine Oil always in stock. THURSDAY, FEE Forestry Convention. Careful buying means economy McFadden ht Your Home. m Smi'h. Br 2id-Domud Smith. Nellie Smith. Irene Tratrord, In" Comm. Jr aad--Wtitred Buck. Bobbie Meet. ur. Pt8ad--wutit Ileana") Annie Mountain. Sr iiiiitiiiiiiiiiir," Mor. rin Smith. Dug-Id Omit Ruth Ind. in“ lib ItmRhtti, MI W- LANNA. SCHOOL Iithr-Mtrtttu'tt Howey. Morrison Smith. Alex Tumbuil, Donald Rar, tbe 4t h--LrsIa McKnight. I " Dsrguel mmeUNiasbu1k Archie Wanna. Jr 4th-Normtrn Black. Lavinn Hartley. Br 8ed--rhtrotd Ledingzhlm. Kia Stew"! Peter Mountain, Jr thd-- Curie dorm-y. Archie Tut-alum. Wilt Swim. " Ihid-Dotta1d Smith. Nellie 15rofth, ItttetTtyt.ttyd.. 'err. 909'"!- l “an ctatm--Betrtits Marshall, Norman Anderson. "ts-Janet Sinai). Caro. line Bull. Bessie Nichol. innifred Young. Clara Subs. Thomas Watt, Hartley Thompson. Sr 8rd--Merttares Bin-inc. Albert Thompson, Wtllie Watt, Jr Wd--Mtsr Oakley. George Ball. Wilfred Anderson. Clarence Young, Archie Anderson, Mound: Horst. Elmer Ynndt. Sr btd--hst., belle Mar-ball. Noble Luca. Arthur Rolnlnoon. Clara Milka. Davina. Selim Jr 2nd--t0rte Sachs. Lydia Fritz. Br Pt '2nd-Davld Widmeyer. Milton tkhenk,tuamon Yandt, charlie Put. fer, Dora Ptetrer. Jr Pb 2ttd-01tm Monger. Clot-once Robinson, Ile Miller. Clan Schenk. Br Pt trt-- Hughie Ball, Conrad Eydt. Average attendance u. - -- ...... 1898 1908 Paid-up Capital .. .... .. ... .. t 700,000 ' 4.353.509 Surplus ... ... ...... ......... 50,000 8.000.000 Deposits ... ... ..... ..... ... 4.930.817 25,385,111 Circulation ... ... ... .. ...". 697,080 $000,905 The general depression of a year ago has resulted in a contraction of busi- ness throughout the Country. Now, that it would appear that the period ot dgpression is passing away. and provided the incoming year is a prosperous one. it Is natural to inter that more activity in commercial lines will t'tMtue, {allowed by a. more active demand for money. We tind again this your. a considerably lsrxer acreage will be ready for early seeding in the Northwest. ,eonsequent upon the continued noW'into these lands of a most dettirable class of settlers. principally from the Country to the South of us. the effect or which must ttenettt this Country at large. The greatly mores-ed tranrportation ts.- During the year, seven nvw Branches were opottpd and two were closed. making I, total of eighty-one Bram-hrs open at the end of the year. The Bank continued, throughout the year, to increase both in volume and character ot its business. It is interesting to note its growth by comparison with the figures of ten years ago I The General Manager, having read the foregoing report, made the follow- ing comments : From the statement submitted, it will be observed that the results of the year's operations have been satisfactory. notwithstanding the. severe financial disturbance, which was felt, more or less. throughout the world during the period under review. The wave of depression is apparently lifting, and We iaco another year with good prospects of a general return to normal condi- tions in levers] lines of business. A brief consideration of the yearly state- ment will readily show how successful the Bank's business has been during the past year. The net profits, after making allowance tor all probable con- tintrtencles, and crediting interest to all intcmretst.betiring accounts, amount to $500,217.60. Adding to this the balance carried forward trom Proht and Loss. the previous year, with one or two small addltlonal items. makes the sum of 8525.681”, which was available for distribution. This amount was appor- tloned to pay tour quarterly dividends at the rate of seven per cent. per an- num, amounting to $304,699.50. $20,000 has been written on Bank Premises and Furniture Accounts, and $10,000 has been added to the omeeri Guaran- tee and Pension Fund, leaving the substantial sum of $190,932.40 to be car. ried forward at the credit of Profit and Loss new account. The paid-up Capital Stock of the Bank amounts to. . and the Rest Account .'..'B.'."...'..'.".r0.q.rq... nearlg one-tuw, of the PgId-up Capital. Attention should be called to the excellent character generally of the ag- sets of the Bank, as set forth in the statement. During the year, seven now Branches were opottpd and two were closed. making I, total of eighty-one Bram-hrs open at the end of the your. The Bank continued, throughout the year, to Increase both In volume and vided for) .......'.".".'T.'1T.'.‘.".“..".'.'. Loans to other Banks secured . . . . . . . . . . . . . Depopit with Dominion _Gqyrrrnmt'rtt tor secur- Gold and Silver coin current . . . . . . . . . . . . . . ' Dominion Government Demand Notes . . . ' . . . Notes of and Cheques on other Banks . .. ... Balance due from other Banks . . . . . . . . . . . . . Balance due from Foreign Agents . . . . . . . . . . . Dominion and Provincial Government Securities 1usutyasr. and other Bonds, Debentures and Sm'cks w....,........'.....).".)..-.".". Call and Short Loans on Stocks, Bonds and other Securities m...................... Bllls discounted current ......q...r.t..ee... Notes. fiteoyrtted overdue (estimated loss pro- ity of general Bank Note Circulation. . . . Real Estate, the property ot the Bank (other than the Bank premises ............... Bank premllca (Including safes, etc.) . . . . . . Mortgages 'r.. Heal Estate sold by Bank . ' . . . Balance due to other Banks in Canada . Deposits trom Banks in ua, . . . . . . . . . . . Notes of the Bank in clrculatlon Deposits bearing interest, in- cluding interest accrued to date '..r..'............... 8: Deposits not bearing interest. . Capital Stock paid up .............. Rest Account ...................... Dividend No. 51. payable 2nd January Former Dividends unpaid . . . . . . . . . . Interest accrued on Deposit Receipts . Balance ot Profits carried forward . . The net profits for the twelve months, after making provision for bad and doubtful debts, and reserving accrued inter- est, amounted to w......... .......... .............. Premium on New stock................................. Balance at credit of Profit and Loss last year . . . . . . . . . . . . . . E. F. B. Johnston, K.C., H. s. Strathy, Jan. Linton, A. H. Brown. Geys. Lemme. Archibald Filshle. R. M. Gllklson, Thos. n. Parker, Albert Klelur. B. Dillon Mills, J. A. Halbhaus, Joseph Morris, J. K. Niven, J. Wallace, M.D., J. P. Hodglns. A. G. Knowles, F. J. Wlnlow. M. Garvin, G. Reid Slmpson. E. Cork, N. Ross, J. A. Laird, N. Hillary, Lt. W A. P. Durie, A. B. Ord, and Frank w. Strathy. Moved by Mr. Seneca Jones, seconded by Mr. J. B. Wil1tattttgtrtt, the! Mean-s. E. Galley and J. K. Niven be appointed Scrutlneers. Carried. The Chair was taken by the Prreident, Mr. C. D. Warren, and Mr. Stunt Strathy was requcstcd to act as Bccrctary. The General Manager thon road the following Statement V-- Statement of the Result of the Business of the Bank for the Twelve Month, Ending 3lst December, 1908. Among those present were '. Messrs. C. D. Warren, Hon. J. R. mutton. C. Kloepfer. w. J. Sheppard, Alex. Stewart, Seneca Jones, W. J. HcAllmer. Geo. Watson, E. Galley. H. R. Playtner, J. B. Williamson, L. Bauer, H. H. Strnthy, K.C.. Frank Hansel, Jan. Young, J. P. Steedmnn. A. M. Scott. 320. Mair, Harry G. Horton, J. B. Fairirrieve, Dr. Garrique. J. L. McMurray, A. T. Lowe. J. A. M. Alley, A. D. Robertson, F. W. Bain, R. P. Sherri; C. B. Wilcox, Proceedings of the Twenty-fourth Annual General Meeting of Shareholders Toronto, 315: December, 1908 School Reports WTRADERS BANK a. a. so 8, NORMANBY. mum» Luann. Teacher. HELD AT THE BANKING HOUSE IN TORONTO. General Statement, 3Ist December, 1908. LIABILITIES. Fl THE DURHAM REVIEW of Canada. 821,285.08!) 00 4.099.432 " ASSETS. STUART BTRATHY, General Manager, Group posiIirely new“! in 20 mmnlcl. with Dr. Shoop'l Group Remedy. Ono teat Moon will unruly pron this truth. No vomiting. no dune-n. A Info and tttle "mp-Mk, Bold by hue. uluu ' Co. hiucolm Meiiiruson, Eu Hooper. Br Md-gotta t5hortreed, Archie Mb Cuuig. Ema McEnchern. Jr ut-mn. nie My McDougtll. Average “an d. ance l . Ltzam Burns. Tuck». tield. Jr list--Joe Shrider. Florence Comeld. Annie McGillivray. Alice Twsmley. Average attemhsnee,-43, KATE MCDONALD, Teacher. B. a. NO 10, antenna a nonunion. Br 4th-Katie McCuaif, Marie Hartford, Ada McLean. r tth-- " Mchng. Gel-tic “cousin. Chan Mc- Kinnon. " 8rd -Roy MeDirmid, Flouie Rafter. Gludyu Tucker. Jr 8rd--rshxr com. Br 'ttd-Berry Tucker, Alman- Hooper. Magma " Enqhen" -- 2g 2rtd-LNeirf, curacy]. D. MoPHAiL.V M: ”an“. Amazon lor an n mammmngche "ttter-tew or ttig.?",,'.",,.',': P o Ttll f: pun-pt),- Ww. Muir?!” to B. 'htPaAIL, Ceylon P. o or to G. IIMGI. Durban licensed Auctioneer tor Co. Grey O can: Mime-u. 1% per annum 25,883,117 " 14,02! " 229.600 21 23,512,678 " $1,353,592 oo '2,000,000 oo 70,178 " 400 " 8,786 Mt 190,982 " 400.327 00 2,632,234 oo 711.818 " 685,202 " 1.219.405 " 614,084 " 955,931 " 1,811,778 " 23,582 " 23,532 " 148,270 " 5.928 " 1.991.808 " 8,000 oo 2,600,005 00 oNrATtRCARe TORONTO 884,859,590 33 25,708,747 " 28,229,644 t l 84,859,590 33 36,629,948 " 0,150,843 " 8'10,ch 20 70,174 " 70,113 4: mus 00 . 20,000 00 5,000 00 8325.081 " 3L353.592 $2,000,000 $525,681 " $500,217 ('0 100 00 25,304 " $000 00 190,932 " to be r-xpocted from their high standing, high non-v- ot duty, and Ability. Ite- sidos. tltry are among the largest holders of stock. and are, therefore, the most dirvctly and largely interested. Any indiffrrent or perfunctory rer- formance ot service or duty on their part would naturally more prejudic ally affect them than shareholders with Ivan interest at stake. It in certain. there- fore, that when the responsible mac-pr: of the Bank are so directly and rer- sonally interested. there exists a guarantee of careful and etteetivet “In nlu- tration. The Bank has more than 1,800 trharehotdem, mny ot whom Ire prominently associated with important ‘PE !rylu1tthl tH.ttetev.,'.Pt gur- this "HGiiiakme great pleasuro to a reoorf __ - a perogp fyturf I am glad to be able to auto that every part of the Head one. building is rented, yielding a good roturn. and there does not appeu' to be Any doubt " to this condition being continuous. The name utisuctory cute ot mm exists in regard to the Yonge and liloor Ftretttt OMee. - - __ - - . We hope that before tone, the result of the curetul attention and elforts of your Directors and the management may reach the Shueholden It . sub- stantial 1nd gratifying manner. I move that the Report be adopted. The Vice-President, Hon. J. n. Stratton, seconded the motion and aid: The ground has been pretty thoroughly covered hy the remtrkl of the Gen- vral Manager and the President; but I can at least re-echo the countuhtlonu and repeat the expression of plt-gsuro which the .re?or1.rttt'1tt. ' The motion tor the adoption of the report wu curled unanimously. The Berutineerg reported the fonowlng gentlemen duty elected to ect n Directors for the ensuing year, vir.:--43. D. Warren. HOnrJ. R. Strntton, c. Kloepter (GueIph), W, J. Shorpurd (Waubaurrhenr), C B. Wilcox (Htmllton). H. F'. B. Johnston. K.C., H. S. Strathy. The meeting then adtourned. At a subsequent muting of the newly-elected Directors, Mr. C. D. Wnrren was re-elected President. and Hon. J. R. Stntton 1rtce-ProMdent by s numb mous vote ._..__ "GT, FGGiili tlirdJiedhrr/ttiiittte directors ha've att devoted lhemaelvrl faithfully to ttt Berslee.ot my futeduriyyr.theu; tenyry lot 999e, ‘Thh was gnawed of Increasing 1 sutflcicntly strong reserve to meet all problble do- men s and thereby locking up I large amount of unproductive money In tho treasury, we have invested considerable sums in high-clue municipal deben- tures And other bonds, yielding the Bank a protittOle return. end being elmost as Iveilsble as cash it occasion should arise in the future. The price ot these securities is not much affected by the local market. the purchuers in Great Britain practically contror.ing values, and it was felt that no better or safer investment could be made with surplus or reserve funds which must be con- stently and immediately available in every weuynane4 benkiny institution. In call loans. we pursue a very conservative policy, so that no large amount ot any particular stock shall be held as security by the Bank at any one time. The margin ot safety is always large, snd the tluetuatiomt ot the ordinary market do not effect the security. Your directors examine practically all credits and accounts in the books ot the Bank. No advance ot any moment is made without their sanction. and whilst this method entails a. large amount of work, we feel it to be the only Bate way to discharge our duty. The various agencies have been caretully inspected, tho returns 'serutlntBed, and the state and nature ot investments thoroughly considered. In this work, we ftttd the services of the Dluctors' Auditor, Mr. Willis, most vmuable. and through him, important information regarding the Bank's transactions in readlly wag-bio to the Byrd. . market in Great Britain. Corporation t nds, ach as railw'sy,» electric. etc.. are largely sold abroad, but much ot the "‘sh resulting therefrom reaches our Banks eventually. To show the practical situation more forcibly, I might state that the value or Municipal an _ Crrlroratio t Bonds of this country 0010 in Great Britain in 1908, was over Nat teen Million Dollars, and that Canadian investors bought only Twenty-one Million Dollars' worth, but the total at over One Hundred and Ten Million;. _ C likely to and its way here, to be used for Local and National ‘evelopment. I view, therefore. of the growth or our transportation and transmiuion lines. and the development of Municipal works, in every town and city in the Dominion, and the large tor- eign capital which will Ir brought Into this country for the“ purposes our Banks may anticipate, not only a large amwunt of money in circulation and on deposit, but a greater demand tor those local needs which cannot be lupplivd through foreign Agencies. The Treat industries ot the country must be carried on. and these look to our Banking facilities tor assistance. and with the return of prosperity the avenues of investment will materially increase, Your Directors have availed themselves ot every favorable opportunity to meet this demand, but always having in mind that prosperous times demand (renter ca:e_and watchtulncss than periods of depression. - _ _ _ _ - ""tiir""iGiaiaGiJiakpTtGit- Gd as? xi JiiiAG, ind " more. me much pleasure in being able to testify to the great care and ability which they bring to btar in they performance of their duties. _ __ -- - ._ _ .. .. -- ofthtse-AJaider's Butch. our Pout one. J. G. HUTTON.M. D., C. M HONOR GRADUATE of Toronto Univenit ' stadium of Ito nl College of bellman eon- of Ontnzio. Boom. Over I l J I1'h'lylhl't'l New More Ply-mu h Baum. OM00 our J.uJ. "out.“ Sun Ito " A.I. IOUM:{ “a tr.gr Ho 91.1. Minna“ mam-enact - Volumes“ W. C. PICKERING D. D s., L D S. HONOI GRAD!) A" MS that“) GM has no”! can. tat m on” In All In what. number Coll". Phylum sad Burnou- Ohmic locum Incidence ' 00!. Queen 3nd fheeteBe. O Bo., one block 'i7Gi from too: of hilt OFFICE HOURS F-u I. l H p l. Toby-on. Con-Mon No. " A growing country like Canada, with unbounded resources. naturally has great power ot recuperation. Trade depression consequently mooted Canada. less than almost any other country, and as a result. commercial and mum. tacturlng interests are rapidly recovering tre , the embment which re- tarded their progress tor the past twelve _ oaths. The probability is that in the immediate future, the limit of the vail .bis resources ot our ttagamtUt institutions will be reached by the requirement. of various "(than under- takings. which are already beginning to show renewed vigor and vitality. The Agricultural returns ire t the Dominion tor "" indicate a large yield of grain and other crops. and this condition tends materially to create business cottttdcnee. With the prospect of fair prices and an increase in the wealth of the country from its natura products, commercial undertakings must receive a great impetus, and manufacturing and all its branches will be greatly extended. The distribution od this increazed wealth rests largely with Banking Institutions. and whilst the rate of interest may be somewhat lower than it has been for a year or two. the increased volume ot business will, it is believed, maintain the earning power a' the same level. The lumber industry, one of the great National sources of wealth. is rap- idly reviving, and increased activit‘y in railway extension and incidental en- terprises has given a new impulse o our iron and steel works. Our mining interests now call tor large outlays for operation, and our trade, 'tttttMitt home and abroad, gives good ground for the hope that Canada in . short 'will more than make up for the temporary delay in her course towards the ‘highest point of commercial greatness. ', The. employment or money is absolutely necessary for current operations. and as these are now extending in all directions, it is‘not unreasosab e to look forward to several years of prosperous development of a substantial character. To meet the demands involved in the interests I have trrietV mentioned. as well as others that readily suggest themselves, our Banking and ttnanctat institutions may expect a largely increased volume ot business and a ready and safe outlet tor all their surplus money during the present year. The Northwest is extending its cultivated area, and " being opened to the people by means ot great trunk railway lines, and many local extension: Here we have. the true source of wealth. The mere interchange or investment ot money does not add materially to the eneral wealth of the country, but the products of the soil. the forest and the mine create new and additional capital, most of which rittthg its way into Banks. Loan and insurance Corporations, and other similar Institutions. By keeping a constant and energet c lookout, we hope to obtain a tair share of the handling of this increased wealth, and with this object in view, We lune already established d gencies in some of the more important Western points. Yet, without undul. extendhg tho Bank opera- tions, there is still room tor other openings. and advantage of this fact should be taken as occasion .,rises and circumstances permit. Whilst the value ot money chiefly del ttd on the conditions of the great tinttncU1 centres of the world, there m. ay local demands which nilect the money market here. it is true that municipal .ebentures principally. and a. "II-I'llx‘ l.. 11.. _A n_,sa,: 1" .. s _ - .. Before concluding. I win: to any operation of all the otttct" of thong: In 'ttr,'.?,'.",,",',',"',,' “the mm a: booke and documents of the Bank Have been carefully "nminrd, and the - taire of all the Branchee have been looked into, and reported tt tn . ner permitting the Board to deal intelligently with all ttte I.“ the m Mr. C. D. Warren, President. in ttttte' . the adoption of the Report, an r l have much pleasure in moving he adoption ot the Re rt qrttits been presented. The Management and "tarihotders may wept? co t, Pd them-elves on the result of the year's busineee. The Report “for” evidence or the proaperoul condition of the Bank. “a ot . “mm”. In "I in the general volume of busineu. The period or rooperit, VIII; C I enjoyed until about a year ago. led to exteneiu, and ill acme cane, an“- tut expansion on the part of many capitalism and buoineee men. and the re- sources of all tltttuteity1 institutions were taxed to the limit ot their - ito meet the demands of this abnormal enterprise. Depreaaion (climax bringing about conditions that caused a retriction of all tinanetat enterprim thereby resulting in a withdrawal of capital fr m bulineaa undertaking. “a an increase in the amount of compara‘irely idle money not yieldi a" over- age return of profits. Last year war. therefore. not to be h"l'Mh' no one favorable to protttabte ttntutteittl operation, but the resultl have neverthele- been Very satisfactory. cilitiu will use prove In important actor, not “on. in tho team - expenditure. which continues to be nude on thin account. but I "I! my. extension or our Runny 8mm. linking it tree to bring to no Sonboord the Itendily increasing gm ot our mt enliven. with an pouible delay. We have eltlblil - in rum Bunches in thin at and. as the Country develops, emu-ion in tttte XIOrocuon. no doubt, will not! with your npprovsl. ARTHUR GUN. IIE. D., J. F. GRANT O. D.S., L. D. DENTAL JMEEDICAL The ... STUART STRATHY, General manor. True” Bank ot anndg, Toronto, Mth Junta, 1000. n of the report was earrtef upnlngoully eond the motion tor the adoption of the Burma. Solicitor in Supreme Court Notary Public Cttagngigaittt"r. Lot No 1. 8th con. Glenelg. 50 m bush and 50mm den-ed. Apply to ARTHUR B. JACKSON lmunnce :Agem. Money In hour. lower of Ian-Iago Lieettsea. A gen- eral tittatteial business transacted. Money to haul. Mee. our Gordon'. Jewelry Store " a 1' a ll van - mm. Solicitor. long Public. Conquest. to. any to Low Uyowest rates. moo. [chatty-e Blockover the Matt l dud Ban ' Durham, Onuriu. Notary Public, Commissioner. 1ll1r_ttettiAtttAt,_&ts. DUIHLI. OUT. (Lower Town J. P. TELFOBD Farm tor Sale. W. P. DUNN WI. Winn. Dun-h. mid-up

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