Ontario Community Newspapers

Northern Advance, 27 Oct 1932, p. 3

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HURSDAY, OCTOBER 27, 1932. 1 For national advant4ge--cadr your :'nd:'vx'dual bene_/it-cainaw to buy Dornmzn afCm1ada4%Bonds, 1932,wben tbeyareairduwondnj This preliminary advcniusnan is pb!ished.by'!BB DEPAR% G ElNAN(I to enablcCanadian iuvestustomah: nnngaumntoputidpuuinthisoncing. @112 Nurthrrn Ahuanre Plan N OW to Buy You will o&in the soundest investment available to Canadians, secured by the nesoumes and integrity of the Dominion. You will assistinzrthet strengthening Canada's nancial position, with favourabb dfect upon general business. Best Makes Only PRINTERS AND PUBLISHERS SINCE 1341 Prices are Right Phone 53 A barber in a neighboring town re-i Iates how some people live. A man whom he knew well settled himself comfortably in the `bai-ber s chair and had the usual hair trim and shave, and then asked for a hair tonic. Han tonics are somewhat of a luxury these days, and knowing that the man had never been very ush with money! ___:_ A ____-__j__.- `and was not too fond of work, the harher askpd him how hp um: anttinal I along. anu was not we Iona 0: work, we barber asked him how he was gettmg "nh ncn T unit 9 {n}: ufh n 4-`am-y.. u.u.u1g. Oh, ne; I got a job with a farm- er, replied the man. 'I`hnt _s: nrnnd" gait! Hm Han-her r, repueu Ene man. That's good," said the barber. How is the wife and the two chi} Amman 9" .`Fine'7y yield in line with current interest rates.- Within the last few months Great Britain and other countries have arranged import- ant nancial operations. In each case, these have met with marke. success, investors having quickly recognized the trend toward lower interest rates. The success of the new Canadian loan is important. It will further demonstrate the condence of Canadians in their ownmum ' try and this condence will be reected in the money markets of the world; -`Are 3 farm 7" Nnwk Oh, yes; get $15.00 a month and my board, but it kept me humping last month. After I paid for my car license I `had only $3 left for the wife and family. Fartra tnnsnrin] ,Hnrn1-iglnp-: warn ~nn.| Ia.I'l'I] 5" 1 W118 anu Iamuy." | Extra tonsorial ounshes were no- thing to this millionaire. Counter Check Books Are you doing pretty well on tht-.31 arm ? I BARRIE. The Northern Adnnco uuuu: mun any European country ex cept Great Britain, Germany and France. It is wiser to put up a fence at the top of a precipice than to main tain an zunbulancc at the bottom. The town clerk this week receives: V a supply of forms to be lled in by all those seeking direct relief. Every person on relief must register first, when he or she is given a registra- tion card `bearing name, address, oc- cupation, age, number of dependents and registered number. LI.-.n.ln .-.43 -L`.-.-...:l:.... ..... _..1:- ___._ _- uuu x\.5 cu uuulucx. -Heads of families on relief mus: ll in a form giving name, religion, address, length of residence, month- ly or weekly rent, arrears, landlord's name and address, nationality, date of arrival in Canada, name of wife, sons and daughters, and amount they are earning, `if any, where last em- ployed, and why laid off, earning:-A since laid off, equity in property, if any, held by self, wife or depend- ents, number of roomers or boarders, and amount of revenue from same, amount of insurance, premium, az- rears, cash value, loan value, if driv- ing car, for what purpose, liquoz permit, details of illness in home, debts, including instalments on furn- iture or car, etc. "I"!-in -P.-u....... L- 1.... 1!lI,,I 2,, 1 lawn; Canada has a national income of $5,72`6,000,000 and ranks next to the United States in per capita income. Though her populatio-n is `barely 10,- 000,000, she has a larger national in- come than any European Britain. Germnnv ant `FORMS TO BE USED FOR RELIEF RECEIVED BY CLERK uuuu nu nab, cvu. The form to be lled in by single men over 18 years of age is some- what slmllar. m1__ __,I:,;- , ... -. n uuu ansunsad. . The relief committee after investi- gating the registration form and sat- ised that the holder is in need of relief, gives an order voucher, to be taken to some named merchant, who must specify the goods given. The list of foodstuffs, groceries, etc., is given, and includes general groceries, meat, milk, bread, fuel. The relief r'n`rnn1H4-an 4-... n_....:, A For National Advantage-F or Individual Benet mean, mluc, Dread, fuel. K ! The relief committee for Barrie, A. ]J. Sarjeant, W. S. Moore, R. A. Stephens, Dr. A. T. Little, C. J. Seitz. with Ald. Shannon and Clark, are busy getting things in order. l The Canadian Government has never oated an issue which has not been successfully absorbed. Recent business history has brought us back to the pre-war position in which the average investor demands primarily safety in his commitments. From the standpoint of the national credit it is of importance that the forthcoming loan be rapidly absorbed by Can adians. Any examination of the fin - ancial situation, fortunately, indicates that the issue will quickly be over- subscribed. The safety both of prin ciple and interest are alone sufficient to warrant this belief. The desire of the investor for safety rst to-day 15 another reason why next week's issue should maintain the unbroken record of successful loan otations by the Dominion. `Recent Trend of Interest Rates During 1932 both the United King- dom and France converted gigantic outstanding obligations into new bonds with yields lower /by 11/2 to 2% per cent. Last month the United Kingdom 2672 per cent. Last month the United Kingdom put out a short-term issue yielding only 2 per cent. It was largely over subscribed, as were the recent low yield, short~te1-m, U.S. Treasury is- isues. Call money in New York at 1 per cent. and in London at half 01 this gure indicates the trend of in- terest rates. Indeed, certain U.S. s'hort-term obligations are selling vir- tually without any yield whatever, buyers being willing to forego con- siderations of yield in order to ob- tain possible advantages in subsequent renewal. `In 101/1 tlnn nvvnrnrvn uni-A A4` :v\4-nan IBIIBWHJI. In 1914 the average rate of inter-` est on Dominion issues prior to the great war was 3.52 per cent. Ind1- cations now point `to the possible re- turn to pre-war levels in interest rates in company with commodity and labor prices. Tho trend tnwnrd Inwpr ratio: it hut R1001` PIICES. The trend toward lower rates is but one element in the situation which seems to assure the success of the] new loan. The public will also be attracted by the satisfactory yield, by the probability of appreciation, be~ ~ cause they will be able to buy the bonds below par, and because Can- adian bonds are safe. Investment Merits The investment record of Canadian ` Government bonds is impressive. Despite the ups and -downs of other securities, the price of Governmeit issues has experienced only those minor uctuations which characterize the really few prime investment se curities of the wo.r1d. ('1nunvnw.nn+ kn-u-In 1r\r\1vr\ Inn.-wt nu.-.:l UUFILIBS UL (4118 WU.I'lu. Government bonds have been avail- able in good and in bald times and the capital invested in them has re- mained intact. Recent nancial his- tory conrms the view that a denite proportion of all investment holdings should consist of government secur- ities which in good times and bad pro- vide a steady income and are always marketable without loss to meet emergencies. Serurifu emergencies. Security Among investments available to the Canadian investor, the security, of the bonds of the Dominion -Govern- ` ment is unique. It is based on the taxing power of the state on the en- tire property in the Dominion. Be- hind the bonds is the great wealth, both natural and man-made, of the Dominion. "Flap. 1~nnIIIn:vv .`.- 4-1.... (L...) 1'4. JJUITHXIIOII. The security is thus xed. It is ` not dependent on the success of any one industry or institution, the price of any commodity, or the prots of one process. It is backed by the sum total of all the assets in the country: ins'divid`ua1 businesses may come and go; property values may uctuate or become completely frozen, but the national credit remains. At a regular meeting of Essa town- ` ship council, all members being pres- ent, the minutes of last meeting were read and conrmed. The following accounts were -presented and passed for payment: `Cnnketnwn Pnvl -inn Villncm g-u1nc:An |Ior payment: `Cookstown Poilice Village, subsidy, $364.54; Thornton Police Village,` subsidy, $83.15; Angus Police Village, subsidy, $220.35; J. `H. Bell, gravel, lot 30, Con. 7, $39.00; Theo. Demp- ster, sharpening grader blade, $3.00` Russell Robson, 125 yards gravel, $18.75; 0. Bates, repairs `o .road, 10: 16, Con. 9, -$2.35; I ' '11, cover for bridge, lot 1, Con. $28.50; Hiram Speers, repairs to 1. -0, lots 10-15, `Con. 6, $36.00; Herb. Agar, repairs to road and cutting weeds, $4.55; Metallic Roong Co., pipes, $84.00; Pedlar People, pipes, $51.92-. M. Cunningham, dragging lots 5-10, Con. 11, $4..50; R. Cole, on account. $311.05; Howard Whiteside, hauling gravel, lot 10, Con. 8, -$45.00; Thos. Banks, repairs to hill, Con. 7, $3.35; Dalt. Draper, hauling gravel. 5 side- road, $33.75; C. Spencer, gravel, Con. 9 and 10 and 15 sideroad, $74.05; W. Dempster, ditching, 25 sideroad, $2.25; Robt. Kell, d-itching, 25 side- road, $3.40; `Fred Butler, ditching, 25 sideroad, $13..50; Wm. Cleary, dragging 15 sideroad, Con. 2 and 3, $11.00; John Edgar, cutting brush, 15 sideroad, Con. 2 and 3, $10.35; Morgan Murphy, hauling gravel, 15 sideroad, $99.00; Wes. Proctor, re- pairs to bridge, lot 10, Con. 5, $19.50; 0. Bates, gradving hill, lot 21, Con. 9, $11.95; Thos. Smith, cutting weeds and dragging Sunnidale road, $4.55; Sydney Holland, cutting weeds, 20 sideroad, Con. 5, $11.50; Wilbert Gibson, repairs, Con. 4, $5.00; Gil- bert MeMaster, repairs, lot 28, Con. 7, $6.75; W. S. Hatton, repairs to bridge and hill, $45.70; Harold Arn- old, repairs, lot 18, Con. .8, $6.75; John Ellis, dragging and hauling gravel, Con. 6 and 7, $22.75; Geo. Ball, valuing sheep, $2.00; Erwin Miller, valuing sheep, $10.00; Wil- hart Cihcnn 1 lnmyh lrillprl RA nn- We take Orders for the Mme)`, valuing sneep, :51U.UU; W11- bert Gibson, 1 lamb killed, $4.00; Reg. Arnold, valuing sheep, $2.00; Wes. Ruddick, supplies for J. Delaney, $20.00; Municipal World, $9.28, D. H. Coleman, hospital account re Jas. Arnold, $18.13; Andrew Miller, 1 sheep injured, $3.00; Wilfred Mc- Master, 1 sheep injured, $3.00; C1211`- ence Arnold, 4 sheep killed and 2 in- jured, $22.00; Thos. Murphy, 1 sheep killed, $4.00; Wm. Kirby, 1 sheep killed, $7.00; Jas. A. Lt.-nnox, SUBSCRIPTIONS TO LOAN ESSA COUNCIL Collingwood -was in the hands of the Simcoe Foresters on Saturday afternoon, Oct. 15th, when Lt.-Col. K. S. Macdonell and practically all the officers of the regiment were here to participate in the ceremony of de- positing, in All Saints Church, the colors which have served for a. score or more years, and which were super- .seded by a new set, the gift of .Simcoe County Council, in July. With the Simcoe men were a number of other active military officers, including Col. Dougald Carmichael, M.-C., D.iS.0.; Brigadier T. J. Rutherford, of the 22nd Brigade, Owen Sound; Col. 1-1. V. Lawlor, of the Pioneers, Hunts- ville; Major A. -Macdonald, Lieuten- ants A. A. Kennedy, Neil Kennedy and I. M. Kennedy, of Owen Sount. The event. which was nninnn and arm 1. M. ixenneuy, or uwen bollt. The event, which was unique and proved colorful, was set for four o clock, when the Simcoe Foresters, who were joined by quite a contingent of the local veterans of the Great War, formed on the Market `Square and led by the Kiltie Band, marched to the `Soldiers Memorial, where tri- bute was paid to Our Heroes. Con- tinuing they moved by way of St. Paul, Simcoe and Elgin streets to All Saints Church, entering by the east door. 'I Tn.-nu nw1 n+ C-inc; minus-nk Lkn OLD COLORS OF SIMCOE FOREST!-IRS DEPOSITED UUUI. Upon arriving at the church the oicer commanding rapped three times on the door with the hilt of his sword and was queried Who comes here ? the reply given being the oicer commanding the Simcoe For- esters Regiment, who desires to in- form the authorities of this church that he is repaired here to-day with the colors of the Simcoe Foresters and desires admission to prefer a re- quest that they may be deposited herein for safe keeping. Tn turn i'.l1D rlnixrnh um.rrl'9n 1 .rs|.n_:. nerem 101' 5316 Keeping. . In turn the church warden trans- mitted the message to Rev. F. G. Sherring, rector of All Saints Church, saying: Reverend .Sir, the officer commanding and officers or the Sim-coe Foresters seek admission in order to deposit the colors 01' their Regiment for safe keeping in this church. Upon receipt of this, Rev. Sherring said: Admit them, , that every facility may be afforded them in the execution of their most laudable purpose. In the nresence of the congreizzp `_ observed, purpose." In the presence of the congrega- tion, which occupied every bit of space except that set apart for the militia, the officers and men slowly moved to the front of the church, where, unfurled, the honored ags, which had served so well, were held by a couple of bearers. With all standing, the hymn, O God, Our Help in Ages Past was sung, this being followed by the impressive cere- mony of dipping the ag to the Last Post, two minutes silence, reverently and that of raising the ags with Reveille. Immediately at the close Lt.-Col. Macdonvell handed the King's colors to Rev. F. G. Sher- ring, and Major Ernest Walker, the regimental colors in like manner, this being recognized, as they were laid on the altar, by the gracious words or acceptance, On `behalf of this congre- gation I accept these colors at your _ hands for safe keeping in this `church, _ w.here they shall remain a perpetual memorial and ei_n_blem of the loyalty and devotion which true citizens owe their King, their Country, and their God." "I`Jan navonnnnv nnnfinnnrl urifh flan au';o(1." The ceremony continued with the Creed, versicles and responses, pray- ers and further hymns, including Kipling"s Recessional, also an an- them, Land of Hope and Glory, in the former of which Mr. -K. Nettleton sang the solo part and in the latter IM. H. Gwilliam. . Tho n:-`Av-can urns ynuo MU Dav DUNLOP STREET. ` name of our Lord we will set up `. banners, 'l phasized the meaning` 1V1. 1'1. Ll Wll.1la.IIl. The address was made by Rev. Major H. A. Ben-Oliel, chaplain of the -Foresters, and formerly rector of All Saints -Church-. He based his in- teresting and appropriate presenta- tion from Psalm 20 v. 5: In the our in his address em of colors to men and to people as a whole. He also stressed the loyalty of the soldiers to their country's flag, which they would follow and protect to the last, even unto death. "Mr Rnnanlinl Alan lll it was fit. and IZSU, EVER UIIEO ueavn. Mr. BenOlie1 also said it was t- ting that ags should be deposited for safe keeping in a sacred place, and while retaining fond memories and without renouncing love for the old banners, we pledge our honor and devotion to the new, which speak for things important. As true -British subjects and men, we shall ever re-. Vere the ag, honor it and stand with it for our home and for those WHO come after us. `IN!-R 4-Inn Tdnnnnl Anflranvn anti Hwy L sueep Kruuu, :p4.UU. The clerk was instructed to wrnte le C.N.R. superintendent re opening of ditch leading o 7th concession at lot 30, and also instructed clerk to prepare the necessary by-law re Wil- son drain, the report of the emzineer l1avin.g been accepted. were conciuaeu. In the evening the visiting oicers were the guests of the Daughters of the Empire at a delightful social gathering at the Globe Hotel. The new aps. which are esneniallv gathering at me uwoe noun. The new ags, which are especially ne, were presented to the Foresters by the County Council of Simcoe in July last at the camp in Orillia. They hear battle Ihonors awarded by His Majesty for Northwest Canada. 188-5. Amiens, Hindenburg Line, Ypres I1)17, Arras 1918, and the Pursuit to ons. . - - - - I1...-..... ..l- #1..-. nnununnvnvv .....1...I-.l Mons. ' ""'~' Guests at the ceremony included Col. Rutherford, Owen Sound, Bri- gadier of the 22nd `Brigade; `Col. D. Carmichael, aM.~C., D.S.-0., Coiling- wood township, of the -Grey Regi- ment; Major N. E. McDonald, Owen Sound, second in command of -the Greys; Col. H. V. Lawlor, Huntsville, of the Northern Pioneers; Lt.-Col. G. E. McLean, Collingwood, former O.C. of the Foresters. A" Company, Barrie, was represented by the foi lowing oicers: Major Gordon Long- man, -Captain Campbell Raikes, -Lieut. C. R. Wadsworth, Lieut. J. G. Chit- tick, Lieut. A. T. McNabb, Lieut. A. V. Hammer.--F7ntnrnri:n..'RnHp nin ncx, meut. A. 1'. McNabnD, meut. V. Hanmer.-Enterprise-Bulletin. __j__ one: With the National Anthem and the Recessiona] hymn, Through All the Changing Scenes of Life, the inter- esting proceedings of the afternoon concluded. Tn +kn uunninnr Hun vieifintr ninnrn 1 sheep killed, $4.00. The clerk was ingtr On Monday, October 51, Canadians will have an opportunity to invest in a new issue of $80,000,000 [Dominion of Canada Bonds. By buying these Bonds you will accomplish two things: 1`h1-ee OTWITHSTANDING the trying condi- tions which have ptlrliled the past three years, Canzdahas%blished an enviable record of rnncing. For ex- ample, among other a the Dominion has r& mam:-ity and at a reduced intetestnte-06i0,000,000 of its public obligations. dun in 1331. 1932, 193 3 and 1 9 34. 'I'hcnewDoxninionof&nd:Boi.whiI:h willbeax-4% coupongwillbeohcdata Iuident discount to puwide an income DOMINION OF CANADA BONDS 1932

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