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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 14, 1921, Lethbridge, Alberta FRIDAY. JANUARY 14, IWt TWK PAGE best whlit win in tkli NEW YORK BOASTS Arricultaral Association Ar- ranging to Bring Back Hatfleld (Worn Out Own Correspondent) WINNIFRED. Jan. the lathering, and a swift match will i played. Wlnnlfrtd district needi rain for a big crop next year. The United Ag- ricultural association of Medicine Hat will algn a contract with Hutflold on the flntt of January, to bring the iiejMssary rain to thin district. Ev- ery farmer should help to brlv.g the rrlnntaker hen. Membership fee 11.00. Mrs. H. Sherer and Mrs. H. Uower- mav entertained Jail. 10th, a large number uf frlendt, It being a farewell party In honor of Mrs. Harold Dower- man, Pander Island, B. C. Wklst wai the and an elegant social events of the woek was a pleaa- unt. waist party, given by Mr. and Mrs. P. C. Buehrlng. T. C. Godfrey captured the gents' first prlae, Harry Grant being suceessful In win- ning ladies' first prise. A dainty lunch .was served at the midnight hour. Ernest Denison Monday Bight osuortalned a most enthusiastic crowd ot young folks who enjoyed the even- ing ploying whlnt. Miss E. Dowler won the ladles' first priie. James captured the gents' (rut prize. Everybody was happy and re- ported (be party a perfect suecms. Invitations are sent out for a whist drive to be given this week at the home of N. P. Rosenbeck. The very I j. lunch was ToCureaCold in One Day Take Grove's Laxative Bromo lag Quinine Be sure its Bromo The genuine bears this signature JOc. Mr. and Mra. Ray Hnff entertained last Friday In honor of Huff's birthday. Dancing and the main diversions. John UMarin here from Alta., and is visiting tor a few days. The Ladles' Aid will hold a meet- ing at the Globe (tore January Hth. and will elect tlelr officer, fur new year. Mrs. M. J. Colllms a trip to Bow lalaneX Jan, Ith. The Elite club not at the home of Mrs. H.' 9herer Wednooday even- lag. It proved to be the gayett gath- ering of the winter. De.nclog an4 cord were the order ot the evening. An oyster sipper wan en- Roy HuC and Mrs. Clyn In. serving and en- Phillips aaali tortalnlng. A special school meeting will be held this: week at Ed. Gossellne's of- tce. of the school board please attent this meeting. Import- ant. H. T. Luther received four import- ed barred rock pullets and one young strain cockerel this week from Walla Walla, 'Washington. Some of T. Los- oy's prlie winners at the ANOTHER GRAFT PROBE NEW YORK.'Jan. 14.--Uveettgi, tlon ot alleged graft and eorrapllon In the city administration today led ex- Governor Chas. S. WblUaen, apeolal counsel, Into new fields. lie announced In connection with the Indictment ot Police Captain Win. A. Bailey yeaterday oo a charge at accepting a bribe from fur tnrem to prevent potlible sabotage by atrlklng that would inquire Into reports of misconduct In several other linee bomldot UM polko department. Mr. Whitman plainly Intimated that he expected other Indictments to be returned soon. Public HM Billion Dollars in RoadWStands For Public Ownership are beautiful birds. Mr. and Mrs. J. W. Fleeter, evange- list speakers, are visiting Mr. and Mrs. W. H. Scott this week. A few meetings are being held at farm hous- es during their stay. i Domenlc. Annon's friends were glad to learn he Is improving nicely at Medicine Hat hospital. Teddy Winchcombe and Harvey Davis are going to Alta-, this week on business. Frank Baker came up to ship anoth- er carload of horses to B. C., this" week. Abe Stevens will accompany him. ing at i Mrs BRANDON, Jan. T. A. Crerar, Interview- ed today, stated that In address here last night he had wished to point out that the whole railway develop- ment: in the past, through which the i public bad paid a billion to the railways, was an example of the In- had alert public opinion the condi- tion could not progressed where It he said. "Should the government have taken orer the he was asked. "It was the only thing to he replied, "and I do not think It should be returned to private ownership." His reference to an expected move to be made to return the railways to private ownership, he said, was .a pre- diction that Interests concerned would get busy to get the railways back. Asked If he favored public or priv- ate ownership, he said that, he stood behind the platform of .the farmers' Dijuiissi Afsii Show Marked Increase ovor Alex. Smith and Mrs. A. J. Stevens of Whltla, this week. A. Milllman of the Ogilvio Eleva- tor Co., has been transferred to Ir- vine, Alta. Dan Pedenon returned from Far- go. N. Dak., January 7th. Mrs. Harold Bowerman underwent a successful operation January 4th, and it now reported, convalescent., Mrs. J. Munroe of Calgary. U ot the railways. made a businesi this week, trip to Everything on Sale at Big Reductions at HENNESEY WILSON'S ALL AROUND SALE MRS. DOUGHTY SUES FOR WEEK ALIMONY TORONTO, Jan. Constan- tine A. Doughty; wife of John Doughty, former secretary to Ambrose J. Small, I missing theatre owner of this city, has begun action against her husband for alimony. A writ in her behalf against Doughty was issued yesterday. I Mrs. Doughty claims a week In- terim alimony. Doughty and wife were not liv- ing together for some time prior to his disappearance from Toronto. He resided with a sister of his. I CARDINAL GIBBONS' CONDITION I BALTIMORE, Jan. Gibbons' condition continues to show slighj. improvement, It was stated this morning. His secretary said he pass- ed an excellent nlgnt. There h proof of the confidence of the people In a bonking institution than to the savings Ix tautltutlon grow from year to year. The Mth annul report of the Uoloa Back at Canada Ing the year ended November 30th, 1924, a rary satisfactory in- create ID aavtno despite the many demands and calls that been made upon the people's daring the past year. Sir inn now stand at as wttk In 1919 and in 1S16. The difficult period of deflation through which the country has been passing has presented many difficult problems to our banking institutions, but is is gratifying to note that the Union, is now in a stronger li- q.uiaVposition than it.has been at aify time in its history. Tie 1920 bal- ance sheet indicates that the policy ot the. otOcUli of the bank has been to build up a strong cash position, and in this tMT have been successful. Lifluld and cash assets on November totalled JS2.203.M3, being 54.35 per cent, of the total liabilities to the public as compared the ratio of 47.47 per coat In Two new headings appear in the statement this year which were in- cluded in 1919 under "Current Loans In Canada." One of these "Demand Loans in Canada secured by amounting to ahowa pluiuly that the bank been rend- ering valuable aervleei In assisting the marketing at the graia crop. The otber new heodtag If to Gov- ernments and and amounts to These Hams when totalled with "Current Loaue and LHiconnU la ahow SSS.J30-ll.7i or m per cent over The directorate, of tie bank recent- ly welcomed two new members lu the of Mesera. O. M. Blank and O. N. Finnie, both prominent buslneas men who are well known In Western Canada axtd have a wide knowledge of Weatorn which will be of great assistance to the bank m efforts to reader the best banking service poeaibla to Western Canada. Mr. W. H. Allan, the new vice-presi- dent of the bank. Is well known as the senior member of tho firm of Allan, KUlim ft McKay, Winnipeg and a director of many other Important During the pait year the Union Bank has byeen able to render valiable service to Its clients with oversea! connections a result of the ox- teuton of facilities poulble by tie formation of the Park-Union for- eign kukiag Corpoiatlm. which 1st Jointly owned and controlled by the National Park Bank of Now York and the Union Balk ot Canada. Tho Park- Union Is building oo a pernaaeBt and profitable business in the Caat aiid has branches in Ypkoliama. Toklo, Shanghla, Paris and New York. The ot tie Union Bank iu this con- nection have beea invaluable in as- listing Canadians to opea up business h of Alberta, Grassy Lake, Loyalist. The number of branches and agencies In operation at the close of business on November 30th was 393. The number ot staff employed at close of businesa on November 30th .was The usual inspection of all branches and agencies nan been made. In accordance with an announcement made by him at the last Annual Meeting, Mr. R. T. Rlley, Vlce-Preai- dent of the Bank, has recently resigned from the Board, to devote more time to his own affairs, and Mr. W. B, Allan hag been elected Vlce-Presldent to succeed him. To fill the vacancies on the Board, Mesirs. Q. M. Black and D. N. Finnte, ot Winnipeg, have been elected Directors. JOHN OALT, President. PROFIT AND LOSS ACCOUNT Balance at credit ot account, J9th Novem- ber, 19U.............................. Net proflls, for the year, after deducting expanses ot management, Interest due depositors, reserving for interest and ex- change, and making provision for bad and doubtful debts and for rebate on bills under discount, have amounted to JUOI.OI5.W Which has been applied as follows: Dividend No. 133, 2Vi per cent, paid 1st March, 1920 1 Dividend No. 133, per cent., paid June, me Dividend No. 134, !Vi per cent., paid 1st September, 1920 199.99t.80 .Dividend No. 135, per cent., payable lit December. 1920 Bonus to Shareholders of 2 per cent, pay- able 1st December, 1920............... Transferred to Rest Account .Written off Bank Premises Contribution to Officers' Pension Fund 5u.000.00 Contribution to Sick Benefit Fund War Tax on Bank Note Circulation to 30U> November, 1980 Balance of Fronts carried forward...... General ASSETS Gold and Silver Coin Dominion Government Notes of A8 ON NOVEM 1? and Assets BER 30th, 1920 LIAIILITIES Capital Stock I .15 .15 81 93 60 19 Account ot Profit and Lose Account Deposit with the Minister of Finance for the purposes of the Circulation Fund Unclaimed Dividends ,68 Dividend No. 135, payable 1st Dec. 1920 ___ Bonus to Shareholders, payable 1st December 1J20 Deposit In the Central Gold Balances due by other Banks in Canada Balances due by Banks and Banking Correspondents elsewhere than Notes of the Bank In circulation Dominion and Provincial Government Securities not exceeding not bearing Interest Canadian Municipal Securities, and British, Foreign and Colonial Public Securities other than Canadian Railway and other Bonds, Debentures and Stocks not exceeding bearing Internet doe to other Banks In Canada 4T due to Banks and Banking Correspondents elsewhere than in Canada Call and Short (not exceeding 30 days) Loans In Canada, on under Letters of Credit Liabilities not included in the Call and Short (not flxceedtng 30 days) Loans elsewhere than In Canada of the Auditor, (o the Shlrtbold. of tho Union Bunk of Canada In accordance with thfl provisions of sub-sections 19 and 20 of Stctlnn M of the Bunk Act, we report to the Demand Loans in Canada Loans to Governments and Municipalities M 41 audited the above Balance tiheet with the and vouchers at Office and with the certified returns from the Branches. We have obtained alt the Information and explanations that we have required, and are of the opinion that the transactions of the Bank which have come under our notice have been within the of the Bank. In addition to our verification at the loth November, we navt during the year, checked the cash and verified the securities representing the of the Bank at Hi chief efflce and principal braachei and found them to be In agreement with the entries In the books of the Bank relating thereto. In our opinion the Balance Sheet Is properly drawn up so as to exhibit a true and correct view of the state or the affairs of the Bank, according to the beet of our Information and the and as shown by the T. HARRT WEBB, 8. S. RB..O, Auditor! of the Urn of GtCOROB A. TOUCHB CO. Winlceg, Itth December, 1IM. Other Current Loans and Discounts In Canada (less rebate of Interest) Other Current Loans and Discounts elsewhere than in Canada (less Real Estate other than Bank MortRacns en Real Estate sold Overdue Debts, estimated loss Bank Premises, at not more than 1 cost, less amounts written off Liabilities of customers under Other Assets not Included la tho JOHN GALt, SHAW, OemnM ;