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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 27, 1920, Lethbridge, Alberta DECEMBER 27, 1920 THE JiSRALD PAGE DAYS OF REAL SPORT profits undoubtedly reflect tjie great- ino Determined To Pay Visit To Smyrna Front ATHENS, Dec. qonstan- ne today declared to delegations from le provinces that he.must go to the my ma front. He Is receiving lele- aiiis of felicitation from all. parts of e coualry. Daily Conslanllne lunches with rlace Nicholas, his brother, who is garded as the diplomat o[ the royal amlljr. Together discuss the myriad details of the various gorern- leot'departments. Coastanline slowly -and carefully ii irroulatlng the speech with which he STRENGTH REPORTED BY >ROYAL BANK OF CANADA rt to November 30th Bank Establishes New ecord' in Point of Assets and Earnings Sayirjgs Deposits During Year r Toblted Over f o' Canada, In fti t sfatepeQtf ihfe SiXal Noyenibei' 30tb discloses .a Wgh bank in __________ ois .tie entire T3o- unique opportunity of gi aging conditions throughGat the wools ycmntrj With tbe stoady ol industry there JiaB a Tery Itirge increase in- fijforded to Canadian current loans in Canpdi, have Increased to with (143 SS9 iS MO i by! an shares which 'have ?been' absorbed by .the Bharchdldirs and an Addition of ?3 1 has be eu- mad e to t ho! Reserve Fund the Capitah and ReseVve now each 134 010- (Thelprofjts to? the year after mak and i and j providing for every possible: cbntingeno that may kfice amounted to 2j3 649 com pared with ?3 )23 264 for Jhe previous To a great extent the larger er business handled, as well asrlhe larger Capita! which was' employed. The profits, added to Iho balance brought'forward from.the previous CHRISTMAS NIGHT AUTO CRASH IN TORONTO (TORONTO, flee. a collison between an automobile and eleclri car in the west end of the city Chris1 >eir made a total amdunt available .mas night Sirs Muriel Laybourne for distribution of This amount follows: bonus -'of- 2% to shiireholders, ti'ansfefred la 'Officers" wrttton off Bank Premises' Account. OfiO War Tax on Banfe Note Clr culatlan; t transferred'to Ho- sene Fund 51 567005 'leaving a bal of. ?540, 92S.' banking standpoint: .noth- ing...could: he'more Batisfactory'.than the strong -liquid and especially iho exceptionally'-.'large cash reseiTes ivhich are being carried at a time Vfhen-the the_ largest business in- ;hiBtory. From the standpoint .of. the general public the striking evidence of the frugality- of the Canadian 'people, i.iii Bhowa-in the'..largo, gain InLsayingff, will be notedjwith miich satisfaction The Drinclpal aCLOuntt, of the Bank as at-November com- parisons ;with those of. the previous year, shovv -as follows: aged 32, was killed; her husband, 'U L Laybourne, was seriously .Injure about the'Head, and Hubert'Stakes driver of the automobile; was crltica ly 'injured.' Three others escape with minor injuries Total Assets ID has at the lame time maintained a position o! airkfd 'Liquid assets of fcmtal to over 50% ol tlje' pablic and It is in terestifaK that actual cash on band and.jn bartka is over 30% of public liability an. unusuallv s'rong mnd favorablj-feature In Savings Of specrsl frffensst from tho stand tolpt of the general public is the itriktnf evIdenWthat the Canadian people evep during a vear ot read JuptmenU, been adding steadily1 to tjjejr savings and as a result there is a of over in eav Liquid Assets Depostts. not bearing Interest Deposits bearing interest Cffpital Stock Reserve Fund Dominion and-- Provincial .Government Secur- ities Iho large increase Canadian Municipal Securities auci J- und.ef tho ibat 'bo', allri- part to the'-com- ply. pjf5an.lzaj.lon i-wbich the Bank npvr in every soc- llo? at 'I Can- IB "tfiklpgi'ln'tthe i international trpde la 'interesting to the Do- minion that dopostls 'In Canada nhow an increase for.-thtf'vear ot over continuing-tho pol" joy: off alWaya making this ontsldc tu'slnesa ei'illre.ly telt-supportlng and in noiwky.'clep'eTidtiflt on the Caiiadla: resourjea of the Rank. During tjie. Srijaf the capital of the has QAME SHOOTING JIA'MlIJTOK.fD'eo. 'all-nighl card which ushered in Chritt- Biaa at tbi home 6f .Tohh Maranco. an Kallaii ended In.ft'Ouir- ret Atljfclo Kuca, a being shot in the to .the Oincri! In a crltlcftl con- under arrest on cliarie-pf tjiylnK shbt Puca and his held by Ihe polled pend Ing tha Oiilc6me of-the shooting: HOUSEMAID' DOWN x.'t IS Esc. at Iho Church of England'BaVibp'afle. at Port Degrave wqa drowned'pji.'Friday evening when feU dcSjvn' a She is supposed tAJhivfl .on Ihe Ice OK she .Wqopeij to of water. Dntish 670 013 2r1197713 123.329.30S 331.6S8.078 20 134 010 12 SOS 17i DIES ROME, Dec. Mayor De -noted 'Italian diplomat, 1 it was- announced here thf morning. Drives Away Headache Foreign and Colonial Publli than Canadian Balances due by'Banks Current iu Canada r 183717401 Current-Loans elsewliore than in Canada 10'6il2iO Coin Dominion Notes United States Currency 2i-lS10GS Deposit in Central Gold Reserve" 000 33400o48 102102U 8746805 24 nOO 000 1 Qhoice as Representa- 1 tive on the Board 'of Con- ciliation Press.) management 'of Iho Canndlan National Hallways xhayhir failed to nptuinale; aiiyoiio to represent, them on the hoard of. conciliation granted In. response to tbo retiiiesl of tho eni- ployee's.of that company In the dispute Over, the famous "Hanna Hon. O. D. Robertson, minister of labor, has named P. H. McGtiigait of Toronto, to represent tho cornpanyon that board, and Mr, McQuigan and the employees' rcprosenlativo, David Campbell, of neglpa1 bayo been requested lo meet and select a chairman. Should they fail' lo agree on a choice of Iho third member of the hoard, tho minister.of labor has power, under tha Inilustrta'i Disputes Act, to nominate a third member who shall act as chairman. The. employees' represenlalive was n'amed some time- ago, but the com- pany .failed tpitname anyone witblti the time allowed under the act, and though, the time for so doing was crjri- siderably extended, still failed to rait a name.: Tho minister, in-naming Mr. McGuigan, therefore eiercised the authorily given him under. Iho Lorn-, ieux Act. i .i it is understood, "was he- fore cabinet council at last Tuesday's meeling, but whatever to. be taken was left at that time to the discretion of thS minister of labor, t Tho matter for the board lo con- sider'will be tho recent order of Mr. llantm forbidding employees of the Canadian Nattona) Ilailwoys from tak- ing an active .part in politico under penalty ot dismissal. is. rctiirrilng lo, thi five car fare. A: four-cent fare has been existence. The Fertile Valleys of B.C. No place in Canada 'produces such strawber- ries as the feytiJe lands of British Columbia. Quaker Brand Strawberry Jam is these good berries and cane sugar, i DOMINION CANNERS B. C, LTD. HEAD OFFICE: VANCOUVER, B. C will open parliament on January S, The cabinet Members wtte today decorated with the of the Re- deemer. Madame Manoi, widow ot the late King Alexander, visits. Sopllie dally In connection with, the Inventory being uken of Aleiaiider's property, which tha court here recently held to he the Inheritance of MaUame Manos. EDMONTON'S OLDEST RESIDENT DIES: LIVED IN EDMONTON 60 YEARS EDMONTON. Dec: The death took place Christinas moftlnt of one of the oldest residents of Edmonton In the person of Jobs Walker, pioneer; lumberman. The late Mr. Walter had' been 111 only a few came to Edmonton over. 50 years ago and was 71 years of age. To succeed, aim high and stick to it. Nature slofen a lot of brains behind a pretty face. New Marriage ActforAfecrta EDKONTOX, new mar- riage art la eipected to 6e OB the docket of government IpdsUtlon at the forthcoming session tb? legis- lature. If will be (a substantially the ie form as (lie hill prepared for the 1920 session hut nerer submitted In bouta because crowded out till !t was (oo late to give it hearing. Among the Important change's that are proposed In the now act is; making a publication of bapris a sary condition of marriage Ai pre-, sent there !a no provision of the law requiring that banns be published. H will alto be required that the taking out ot a license precede 'every legal marriage. ody Smokes OLDCHUN The Royal Bank of Canada GENERAL STATEMENT TO THE PUBLIC: 30th November, 1920 LIABILITIES Deposits pot bearing Deposits bearing interest, including'IntereEl-accrued to date of statement Notes of the Bank in Circulation........................ Balance due to Dominion Government Balances due lo other Banks iu Canada Balances due to Banks and Banking Correspondents in the United Kingdom and foreign Hills Payable Acceptances under Letters ot Credit................... TO THE'SHAREHOLDERS: Capital Stock Paid up Keserve Balance of Profits carried for.wai-d 549.92S.20 Dividends Unclaimed Dividend No. 133 (at 12 per cent, per payable December 1st, 1920 Bonus'bf payable December. 15Ui, 1920 ASSETS Current Dominion- Notes ..-..............i.. ..r..: I. ;.j.'-. United-States Other Foreign -291.51 Deposit in the Centra] Gold Reserves Notes of otier Cheques on other Banks Balances due by other Banka In Canada Balances duo by Banks" and Hanking CorreEpondeuts elsewhere than In Canada Dominlon.and Provinciiil Government Securities, not ceeding inarket t Canadian Securities and and Colonial Publip Se'ciirltics .'other than exceeding market value ------...............i....... Railway and other Bonds, Debentures and Slocks, not' exceeding market i Call Loans In Canada, on Bonds. Debenture and Call and Short (not exceeding thirty, days) Loans else- where than In Canada Other Current Loans and Discounts' in 'Canada (less rebate c( Interest) Other- Currenti Loans and. Discounts in Canada (less rebate of Interest) 10267421039 Overdue Debts (estimated loss provided for) 366.349.43 5.4 6 v O Real Estate other than Bank Premises Tlank not more than amounts writtch .Liabilities of Customers tinder Letters ot Credit, as per contra....... Deposit with the Minister .for the purposes ol tho Circulation Other Assets in the C. E. General Manager HSS. HOLT, EDSON L. PEASE, President. Managing Director. AUDITORS' CERTIFICATE Wo Report to the Shareholders of Tha Rpynl Bank of Canada: Thfst in our opinion tho transactions of the Bank which havo come under our have beer, within the powers of the. Bank. That we' hove checked (he tash and verified the securities of the Bank at the Chief Office at 30lh November, 1920, as well us at another time, as required by Section 56 of the Bank Act nhd that wo found they agreed with the entries In the books in regard thereto. -We also during tip year checked (he onsh and verified the securities at the branches. That tho above Balance Sheet 1ms ueeh compared by us with the books at the Chief Office and with tho certified returns from the Branches, and In our opinion Is properly dra.wn up so as lo exhibit ,1 true anil correct view of the slate of tho Baiik's cfialrs according to tho best of our Information and the explanations given 'to us and as shown by the books of the Bank. That wo have obtained all tho information and ciplanatlona required by us. JAMES MAKWICK, C.A., S. ROGEK MITCHELL, C.A., of Mnrwlck, Mitchell Co. 0. ROSS, C.A., of p. S> Ross Sons. Montreal, Canada, ISlh nar.emlicr, PROFIT AND LOSS ACCOUNT Balance of TroHt arid Loss Account, 28th 1919. 5 Profits for the year, after deducting charges of manage- ment and other expenses, accrued interest on full provision for all bail and doubtful debts and. .rebate of Interest on nnnutiired bills I APPROPRIATED AS FOLLOWS: Ijivldonds N'03. 130, 131, 133 and 133 at )2 pcf cent, per Uonus ol 2 per cenl. lo Sharoholilcrs Transferred to Officers' Pcuslon Tiintl Written off Hunk Premises -Account War Tax on Brink Note Circulation Transferred lo Reserve Vnnd Balance of Profll nnd Loss carried forward 00 400 000 00 RESERVE FUND ISalanco at Credit, 2Slli N'ovemlisr, 1700000000 Premium on Now Capital 00 Transferred (rom Profit and Losit'Account T'-alancs ul Cradll, 30lh November, 1920 II. S. KD30N PEASE, President. Jlannging Dlroclor. .Monlrtal, ISth December, 1020. S StUSMIfMlO C. K. NK1L Cenoral ;