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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 1, 1919, Lethbridge, Alberta I HI-. U-.llHmilMit: DAILY DliHAU) SATURDAY, MARCH 1. 1919 OF INTEREST TO THE FARMER C S. Noble's Prof it-Sharing Scheme Is Proving a Success beyond expect at toss has a Urge sum i tended the profit-sharing scheme account. which fes made a feature dvirinj; AM this i to the r tlw upun IQ the yea IB by the blc Xoble (annual report to the were a partial (allure. The crops, howl erer, oa the lanj owned and opcriteJ by the company, in oC Voe dry (season. came weH up to ifce average, the wheat 24 tiuhels per tnd the cats 30 bushels, U may bo late-rtsUuj 10 give ihe avoraso for the J9U to 1917 on owned the company wliicU 3S busliels ot wheat anJ ?2 bushels ot oats. For ihfr whole of A'.beiU tho iveragd (or the same period was 20 busiiela wheat oI irblth C. S. is ihe tors of the ar, the annua This scheme is a hobby ot Mr. '.meeting fceld last Tuesday at NoJjle upon which he spent cou- ford ifcte meHizn the annual ra- tlaw and siu-Jy. His belief} port was read and the following di-l R to tint worker U entitled to a factors elected: C. S. Noble. E. are of the wealth whJch he creates, ic. Cransioau. J. Buchanan, Max and 40 bushels cats. taA Mr. Noble has beq treat work of etta. which tor worker i a leader in [Enjlebretson, K, J. Ross Her. p. Kienbaum. J. prospect ot 4 savings account of some size. Maay employees er, 1917, rr-ii during ibe to some acros which broken and ready for cuKivatiih. Aboat acres ot this was sown to flu, which the directors regret (o report, owing to the dry season, had not matured sad only about -J.OOO bus-s- ols of IVix veto obtained. On J.hls property tfcert> is 3i> miles of graded road, 60 miles 3-wired build- ,irsl clas3 character and 5 A Prize Grade Heifer Mr, G. "Qaren" Winning la. the class ot and Crosses of any breed the Fair. br Prttchart Bros., Etora, Oat. Hew Head for CP.R. Demonstration Farms DM AMt H the Ife cMAlvr W U tW pnctMl .tar ..ww faxriMt cvMlttoM an tar tlw M itn itock ta tfca a Ja> a f ia4 >b local W Mte a amat aai Mi to tkto mrk. was akn to tkt Rn k) an tto H. tccori- to PiMiraiail tt Acrmtm tkat la aMIttoo to aa4 to On department Ota aaafl, Kr. Hattoa tat kaiM Meka aar to OMMa. wttk OMHtoa 'at Otton. m a ttn to I at Dominion of Canada Income Tax A from tta office of the In- spector of Taxation, Calgary, will be at the Inland Revenue Office, Post Office Building, Lethbridge, on March 3rd, 4th and 5th, to give any information to residents of Lethbridge and district vvltich may be desired in connection with the filing of Income Tax Returns. Forms will be available for distribution. After March 5lh these can be obtained either at the Post Office, Lethbridge, application to the Iufpector of Taxation al Calgary, have been drilled during (ho wilr has slo cattle to as high as they fcave been since tio war, now that hto tk ft'tMf axmt-t .9 tW tern., to IM. Wtar CTtTaUtec turn Ms rix W to ttkc ctertc the W to totrlMC to Bt or araliinl tt ita year. "Duriug i4e a fire occurred at prairie farm, whereby wo lost the saia Mr. George j Pritchard ot Klora, exbibttor of winning heifer IQ the class for Grades and Crosses ol any breed, at bam. 6 horses anil 60 tons green feed.! the recent Winter Fair at OUawa. But which waa only partially covered by laere Is money in beef cattlt even at A new barn has been.1 10 i-ents a pound and it is around 15 micenls al the present time. There' Is I plenty of feed in the country now and "All the properly of the company is a good profit in teediug and fin- 'shins Rood cattle." Mr. Pritchard is not by bers of the Canadian in London, wilh the and the loss was wiped out the balance sheet, y of the companj is to first class condition and a new barn j ishlns cattle." bas teen erected on ihe Fraser farai. "Kiguree for the year's are the mterniptfon to Ihe export ship- presented in the balance sheet here-; merits to Uritain. lie looka further with and after allowing for deprscla- an natocti that Ikiftoc toat Um ram awn tkaa tmt txrm to twto imiti wltk ww emitntt tion aud payment of all expenses show a net profit ot {S4.CC6.47. JS.COO.OO was profit loss account from the proiit made by the store In 1917. ros in prizes for wheat at the bridge Eihloition by the company's exhibits, taking two second prizes, and was received In dividends from shares held in other companies. "At the last annual meeting the di- rectors declared a dividend of 25% for 1917 and transferred JSO.OW.OO to the reserri fund. As this was the first complete year of the working of the employees' share scheme, tho direc- tors hare decided to transfer J50.000.00 leaving a balance in profit mad toss account and to pay a divi- dend of 157C for 191S. which absorbs leaving balance to profit and account to carry forward to of JI1.159.M. In addition to the 15% the directors have, out of the j property appraetrthra account, paid a 'jstara bonus to tie sbareholders of which will be paid in shares dated Jlnua'ry 1st, 1919. "After all liabilities omd by the company there remains a cwptas ot Msets over HabUHles .of Profit SJiarihp Scheme Tbe profit sharing scheme has been a wonderful success. Under this scheme maay erhpiotees have invested in the company, and are now drawing dividends oa paid up Btoct The em- ployes payi'll) xr cent, of his slock down in cash, and gives a note for the balance at 8 per cent, interest. He makes monthly payment: of a certain amount and his divWeads are also ap- plied on the -payments until all have made. The employee in the meantime is drawing dividends on the nil amount of stock, and this enables ilm to rapidly pay off his stocfc. Thus >n aa investment of an employee wonM not only save hts payments of 120 a moMh, bat would also sava his dividend which would bring his total aavrng In the year J1130. Tbis scheme Mr. Noble has applied witn success, and-all employees "who hare been with the company Ions enonch lo prore thetr value are given be opportunity ot buying shares can't espect prices for vas welcome news lire stock men throughout Canada. The mem- Cabinet now assistance ot Dr. J. W. Roberlson tnd others, wJU have sir. ArkeU's knowledge and ex- perience of (he Canadian lave Stock industry to dmw upon in their repre- sentations lo the British and Contin- ental authorities. It is expected that when fininciat and other caa be adjusted there will develop a big demand for Canadian chilled beef of as will compete in the open market FaralghtH ol prade stock are working on a "five je'ar and losing no Umo laying the foundation for a perman- ent iitiu prosiwiOua trade. Mr. Ar- kell's miss Eon overseas is to assist fn expediting the re-owning of the Brit- ish and European markets for Canad- ian meats and animal products as soon aa possible. ahead than the present season. There la bouuti to be a profitable market for beef of good quality for many years, in his opinion, and the Englaud is as a permanent present congestion not to be regarded condition. In this connection the recent government announcement of the departure of Mr. H. S. ArUell. Dominion Live Stock Commissioner for England to assist in the nego- tiations now taWos place overseas looking to a re-opening of the mar- You.Want Hofe I rviae your tta GtunnteeU efg-prodttoer. When I T Artnifh tbc it at ocr ii tbo 25-1S. 100-lk r-UTT CAMAM. r-n Three toys, Teddy Ford and iwo brothers, named Oasialdi, wlioee ages range from 10 to IS years, were drown- ed while skating on the river at Xap- Ont. The boys felt through a hole where ice bed been cut. THE ROtHL BUKK OF CURM Office CapHU PaM Up Funds AlMU Over President, Sir Hubwt S. Vke-PruMwt and Manaftng Director, R U General Maaasn-, C. S. Ktlll. Snixrvlscr ol Central Wttteni Robert SpecU ore gmB to Sarmfs Acctwb, Savings Bank Depvteat rt al Brudtes. A (atenl Bukisf Bwiness TruiKted. LETMBRIDGE BRANCH MAORATH (RANCH...... CARMTON BRANCH......... TABER BRANCH Total Nor. 30th. 101 S. S 15S.OOO.OOO tkU tor tnt tW Mto ttrt itufc, ten A tto ChMAH VMtata win W llwi ftfaac bt taw purtamtfj ton Bit rfB the Mfirrtalia tto mten tenai kr iiaiaiiJ, vIM MWm r> CftMta nar rt- W.M o fff any ycarg m tin tofft tarmhn _ wttyr citftan U KMT of KMr W VT tenwn CMilig frov a cnatrr cwyUr Vicmtrr W A M FKttc tmmniT, A Ma W tw pf WARNING AGAINST POOR SEED Don't Let Your Children go through the same struggle you had. Save, that they may have ample' opportunity for a good start in life. The only suic way to save is to start a sayingi account. Opeji one today, UNION BANK ;OF CANADA.I THE PIONEER BANK Of WESTOtN CAMADA ;HEAO WINNIPEG, HAN. LETHBR1OGE BRANCH A. Diinlvr, Minajer CARDSTQN BRANCH.............. F. Manager BARONS BRANCH S. D. Griffiths, Mltuger What Cash You Need When Travelling particularly, when large Euzns are best carried in the form of a Letter of Credit, issued by The Merchants Bank. This oU form of banUng, is preferred Jij nun; uperiwccd becaan 6f its absolate Keoritjr. Letters of Credit arc caAed'onrf by baokior banking corporatiorj, and after the identity of holdera is estiblished utisfaction of tit bank orHcials. Thgs safety, goaxda loss and theft M6RCHANTS Some farmers in districts "with oat be inclined to pur- chase ordinary commercial grades for seed suppiv inthout first having representatire samples tfstcd for pur- ity and gemination. Many apparent- ly good-locking samples or oats are very low in germination ibis season. The use of oats for seed, lhat wilh wild oats and other noxious weed seeds, it a very seriooa matter on new and clean lands. The use ot feed grades containing oals that arc frozen or otherwise nn sound 'should also be guarded against to prevent crop fail- ure through poor eenulnaltoD. Farmers requiring wied grain may safeguard themselves by sending a Itoree or four-ounce sample for purity and germination Ifrsls'to a Dominion seed laboratory. Manitoba and Sas- katchewan samples are tested Win- nipeg; Alberta and British Columbia samples at Calgary. Sample.? require postage, hut will ba testeil froo o( charge up to Iwcnlfflro In number for one pereon or Head Office: Montreal. OF LE1HBR1DCE BRANCH, MONARCH BRANCH, NOBLEFORD' BRANCH. CANADA. R. I. DtNNrNC, Mjkfr, V. A. EBERLY, M. A. K1LPATRICK, THE STANDARD BANK OF CANADA COLLECTIONS BusinMt houtes will find our ties for making particularly favorable. J. C. SCOTT, Mmucr, O. V. BI.B1CHHK, f, BILI.INGTON, 1..C. THOMAS. Mutter, IJttt Sirfti batik. M lin4 Alt., TWENTY U.BOAV COMMANDERS CAN BE CONVICTED OF MURDER; NEARLY ALL NOW IN GERMANY Eng. neuter's Limit- ed says it learpi lhat the commission which li inquiring Inlo'Oorrnan sub- narlne excesses lids now sufficient evidence lo convki. nuiiiu titcnly Get- man suhmarlnc commatirtera, neAriy all of wlioiii [Lt nrP3ont are En Gcr- many, of murder. Seven comnniiJera In lave Isfl records them, oc- ccrjlng to and the opinion 13 expreaied their surren- der aud'lrlal, MiS'W; an ijava't tribunal, zbould a in armistice terms... That tlii! cliurcli of foitay haa not Kiachinx. Ihe true cloclrinea of Hie srtatesl later man all .Icsup, was the arraignment of Mr. Jinies r.allanlyne, fipwikins; In the! f'linton Klreei Mclhoillst cliurch, Banking Service VOUR banking requirements may z be entrusted to this Bank with evety confidence that careful and efficient service will be rendered. Our facililiei are entirely at your disposal. THE CANADIAN BANK OF COMMERCE LETHBRIDGE BRANCH WARNER BRANCH HULK RIVER BRANCH R.T.BRVM j. 11. s: GORDON; V. STT.FX, W. A. PARKED, Manager J. K. ATKINSON, Manager W. R. McKAY, Manager G. DICK SON, Manager Don't Lose Time in the Spring Get your grates, pinions, gears and other tractor re- pairs now. We have a large stock on hand. Lethbridge Iron Works Co., Ltd. A TRUST COMPANY The arerage little tnaws the many E err per- formed by Traat Companies, how great is their influence (or good in the community. handling estates, they manage property, collect rtnls. attend payment ot Taxea and Insurance Premiums. These anil many other valuable sen-Ices the Iruat companies render, which enter Into every day life of IndlTlduals. Hence Trust Company comes more and more lo fill that In comwnniry to which they ana entitled by virtue of their varied form ot The British Canadian Trust Co. EXECUTOR. ADMINISTRATOR. ASSICNEE, ETC. HEAD OFFICE. 318 FIFTH STheST LtTHMIOW. ALKUTA >HONt 1B4S A BARGAIN! Good Five Gallon Shipping Cans at Half Price A new can today costs We have One Hawbnl five-gallon cam that have been slightly used, but are absolutely as good new, which we will sell lor each, your name and address painted on the can. karaajn will ml? teat until rf a on, mall M MM, an4 will JrMr can mnt In th< order If ran an am awnnwr, thto ki a kartatav We have teferal New BEATRICE SEPARATORS on hud In 500 fc. and 800 from which we, wisK to before tiock ainm. wo Par Salt Price W ttt Mrth I85.N LCTMtmoOt, Crystal Dairy, Ltd There's A Reason Wfcy YOU tWnld rake YOUR WILL and appoint iwEseoriar. Write w it Ilie Trasts aad Euraitn Compiflj, Limited CALGARY AND LrrHMIOCt, ALBCKTA LETHEHIDOE OFFICE: BANK OF COMMERCE J. W. McMICOL. Public nut Omelal for the Judicial District! of i MacMd, KM, .Calairy, Red DMr, Smtltr. ;