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Central Drug Store JANUARY STOCK:RAKH\ SALE hEADQUARTERS for ail kinds of Horse and Catlie Medicines in the r-fight 5;in The Central Drug Store :1 Durham Seventeen years ago. Miss Hannah Bonalie of \Valkertou, Ont.. and Mr. William Francis Rothwell now of; Prince Albert and at present engaged ‘ as commercial traveller with the brew- l ing company of the town, were re- markably good friends. says the Sask- . atoon Capital. Mr. Rothwell was atf that time following the profession of . engineer and surveyor, and his duties took him abroad. For a number of years he was absent from Canada, his travels having led him to India. Egypt and South Africa. After a time. however, his love for the land of the Maple asserted itself, and he re- turned to Canada and located in Prince Albert. Whether or not during his long absence. he had found time to give thought to the friend of the younger days is not known, but that he did so is highly archabl'e.Ԥs recent 25 per cent. reduction on all Fancy Goods. Everything guaranteed as represented or money refunded. éé+e++++++¢++++++++++++++e -v “a“ vv â€"' _ 'e cuts will show. On New Year’s day t e Prince Albert knight of the grip as in Saskatoon, and during the arse of his stay was agreeably sur- prised to encounter the friend of his youth on the street. They shook hands and exchanged greetings appropriate to the season of the year just the same as any other old time friends might do after a prolonged ab- sence. What constituted the most interesting part of their conversation after preliminary greetings had pas:~ ed from one to the other is not for pub- lication. but that it was particularly interesting to the parties concerned is certain from the fact that within a few hours of their meeting. they paid a visit to the manse of Knox church and emerged from the portals as man and wife. _The romantic nature of the _ I _ __‘I__ ___-_A..J We handle the well known brands of Flour such as Five Roses Chesley Good Luck .3; Milverton Three +H++¢i°+++++ ANY SIZE, ANY STYLE. ANY PRICE Call Early and. have your choice at the home of their representative, an“ " I‘V. -â€"' marriage has been closely guarded, but as is usual in such cases. a loophole was forgotten and the facts have leaked out. There is so little of sent- iment and romance attached to the average Western cities in these days of Commercialism that the chance meeting of these friends of the days that have gone sets a. new secord, and they will doubtless keep a warm corn- , __L_ £ nnnnnn Ok:nn no“- Indestructible Spirella Boning 100 Pairs of the FAMOUS SPIRELLA CORSETS must be sold this Christmas Season. Ranging from 98c. to $10.00; All boned with 1.113 Dual " II. “ er in their vhweifts for ”anything per- mining to the citv of Saskatoon. Mrs. February let \ MRS. A. BUSES SUN Goods delivered to _all parts of the town 6n short notice. TAKE NOTICE WALKERTON ROMANCE always kept in stock. FARMERS “Never Sold in Stores. ” Box 107 ”1“ 'u . Nichol I _____ , gCannda which has just lfee'n made ipuLli". The comparative state- ent published shows that for the year ended December 30th, 1911 the Bank increaased its Best account. its Earnings, its Cash Reserves, its Depiosits and total Assets. The 'net profits for the year amounted to $601000 as compared with $524,- 000 {or the previous year. The Rest account was increased by $200000 bringing it up to $2,500,- 000. The Bank’s deposits now stand .at $40,000,000 having in- creased by $4,000,000 during the year, which - indicates increased itidence from the public’s stand- point. The Bank’s stock of gold. silver and bullion now stands at nearly $6,000,000 having -increased from $4,300,000 at the end of 1910. It‘s total assets stand at $52,427,000 as compared with $47,152,000 for the previous year. 1 In other departments of its activ- ities the bank also made progress. It’s note circulation was $4,373,000 as compared with $3,790,000 for 1910. Its bills discounted totalled $34,592,000 as compared with $32,- 810,000. The latter shows an in- creased activity and co-opea'ation in the commercial and industrial expansion of the coumtry. It also shows that the Traders Bank is do- ing a continually larger share in developing the country’s re- sources. Altogether the showing is a highly Creditable one and reflects credit on the Management. Farmers’ Ins‘titite Meetings will be ‘held at Elm-wood, Dornoc-h, H01- satein. Dromore and Aytom, on Feb- ruary,9t‘h. 10th, 12th. 13th and 14th respectively. Mr. R. Murphy. Allister, and Mr. W“. J. Gardhouse. Highfield, will address all the meetings 011 sub- ?ects of great importance to farmers. both afternoon amd even- 1119:. The. Chronicle will be issued five times in February. This has not occurred since 1872, and will not occur again till the year 1940. FARMERS’ INSTITUE WILL HOLD MEETINGS Everv can-tested the day it alr- rives at the creamery, and astate- men-t of the weight' and test of each can mailed with your check. ”VV“--Vd (jftm'ect tests and honest treat- themselves I‘liaâ€"dâ€"neg'eruanyrof the 1119111 U.) 8"81'3.’ patron. ' vices of 391%. I never gambled or Write for your can to-day. drank, or had an undue fondness for ., - amusement. PALM CREAMERX‘ ‘ My natural ability and handiness Palmerston. Ontario. enabled mm to perform the regular RA. Treleaven, Prop. Manager. urneyman’s W0rk in quite a few _ des, but “we intermittent character ,of some traies in Canada, the “waits The. Chronicle will be issued five between job” so to speak, soon dim- Hmoc in pohrnarv TWfiQ has not 1-1113th my Store Of savings. Highest prices paid for cream delivered to your nearest Canadian Express Office. or G.T.R. Station. All cream received promptly paid for on the 10th and 25th of each month. Miss B. Gilsh'olm. Bright, will ad- dress women’s. meetings at all the places in the azfternooul, as Well as (the union meetings at night. ‘ Meetings at 1.30 and 7.30 p.m. Everybody is cordially invited. JOHN R. PHILP, GEO. BINNIE, President. Secretary. Imxeases mark 9’» erv one of the departments cox ered in the annual stafement of the Traders Bank of A Heat Phenomenon. A workman in the observatory at Toulouse has invited attention to a singular phenomenon. A bar of iron is taken by one end and the other end is plunged into a fire. heating it high- ly, but not so much that the. hand can- not retain its hold. The'heated end is then plunged into a pail of cold‘water. Immediately the cther end becomes so hot ,that it is impossible to hold it. This phenomenon. familiar to work- men. is ascribed by them to some re. pellent action they suppose the _ sud- den cold exerts upon the heat contain- ed in the iron. which is thus driven to the opposite extremity. Management. "I don’t see. Ella. how you manage with your housekeeping money. It I give you a lot you spend a lot. but it I don‘t give you so much you seem to get along with it." Landor. “Why, that’s perfectly simple, Ru- dolph. When you give me a lot I use it to pay the debts 1 get into when you don’t give me so much.” Women on the Stage. The earliest mention of actresses was in 1611. when Coryat in his “Cru- dities" gave this description of a pro- duction at the Theater of Venice. Italy: “I saw women act. a thing I never saw before. They performed with as good a grace. action. gesture, as ever I saw any masculine actor.” The Horizon. “How clear the horizon is!” remark- ed a young lady. “Yes.” agreed her humorous com- panion; “I’ve just swept it with my eye.» There is a mflessness in inactivity; we must find occupation for kings.â€" TRADERS BANK REPORT. CREAM WANTED *mgmGHAPHY {gr A FAILURE l 1 Over a thc‘msand miles of new tele- phone circuits will be added by the C...PR to their present system next year. On most of the eastern lines ,the service has already been insralled and has proved highly successful in ’despatching trains. A phone service Egyill be ins alled on the CPR. short It is the fsstive season, but not for me. Landladies must be paid and in la few days "t most I must go outâ€" tnd I, “whither shall I go?” I appiird for better work, but I found to my regret that my Canadian experience. Which was solely in the direction of manual labor, did not commend itself to those prospective employers. i do not blame them in the least. bit I felt like saying some- times: “\Ve‘-1. I’ll never get the ex- perience yc" want if I never make a beginning. nor will anyone else ” I, however. re ained from uttering such a childish remark. Now, we are in the year of grace 1912; for swen weeks I have been unable to s~cure employment of any kind in the town in which I write this, nor have I the wherewithal to proceed elsewhere. And this is the land of opportunity! I say so without a tinge of sarcasm. I will not throw up the sponge and write for aid to those I know in the old land. Perhaps this will be a turn- ing point in my career; the mere writ- ing of this makes a. stirring of hope within me. 2 and address. and a short note in ‘fih he s: ys: “It is not written as a. mi.- for aid or a cheap advertisement. 3:3. is written in the belief that the :x-rzding thereof may be profitable to seine young men who have abilities but lack some of the essentials.” The letter follows: Yes, thirty years of age I am a failure. and I know it! A sad admis- sion, you say? Wait until you have read thi s ,‘i tle story, which is abso- lute fact from beginning to end, and is written when I am in despair. Successes are blazoned forth in 31- most every newspaper or periodical we read, but failures are rarely re- corded. This fact emboldenl me to write this account, for I believe that the reading at my record may, 'in some way, be of benefit to some whose youthful eweriences promise to be the same as mhe. 01' good Scottish birth, carefully nurtured at'd instructed, at an early age I'manf”ested symptom of an in- telligence a‘xove the ordinary by tak- ing the lcaz‘ in my classes at school. both in metal and manual dexterity. 'At the ago of twelve the symptoms became 177'". prominent, for I obtain-- ed, without any preparation or study. a valuable scholarship in Open com- petition at we of the well-known Eng- lish public schools. From the age of sixteen un‘” twenty there is nothing of impori a w. to record, except that perhaps 1 as full of a glowing am- bition whizh bid fair to be realized. for I was the recipient of frequent “raises” and a meed of praise from my employm-s. At the age of twen- ty-one I made my second change of employment: hitherto I had been in the office arid warehouse, now I went on the road. O.P.R. Will Equip One Thousand More Miles Wlth Device A ready “ugue, a “savoire fairs.” and an 9»: "ésive general knowledge, soon madr- "-7.9 appreciated, and after ‘one year. the retiral of the manager in charge the firm’s works made a. vacancy which I promptly asked for and obtainr So at the age of twenty- three I ‘f' myself in sole charge of the a‘ft‘r‘" *‘ 'if a company employing upwards cf it'lO men, and I was quite competent undertake the work. I continued *his position for four years, but» ' “(1 this, to my mind, the central far" ri‘ my storyâ€"before that I had dism ""ed by a process of self- analysis. t’ “ich I am prone to sub- ject myse?" “at I was lacking in those essentialc success, concentration and applir':“"~n.. or “stick-at-it-ivenes‘s” though I =1 well equipped, mentally and physio-f": ~t‘or almost any job. At the < of that time the raw material Mined for manufacturing showed S}'i‘;f?'t':ms of exhaustion, so I gave up in "rder to come to this land of oppor‘n y. Landing here. with $200, a haa‘“ of hope, and a firm de- termination *9 overcome my failings, I soon obtti" d employment of a kind. but the 69.9" which I could make $3 The C...PR have already over four thousand miles of line equipped vi h phones, and when its program for next year is compie ed. it i" expected that the railway wil have *he Iaregst phone circuit milraots. of any rail“ av in the we: 161. At present it stands fiecond in this respect. a day lullcc‘: me into a false sense of security aru‘: "my fiilings again showed themselves. I .had never any of the Vices of yorfh. I never gambled or drank, or had an undue fondness for amusement. fine to Ottawa. and with this excep tion, it is expected that all the phones will be placed west of Port Arthur. '3 2'": fo-’ 0 «ing letter, headed “The [ bio 0ng phy of 3 Failure” received in G} o‘ce from London, Ontario, 5 accompained by the writer’s full '4‘ DISPATCHING PHONES .. Admission by a Man of Good Trainingâ€"Lacks the “Eat"!- tlals “THE DURHAM CHRONICLE. The Traders Bank of Canada The Twenty-seth Annual Meeting was held at no on on Tuesday. the 23rd of January, 1912. The following Directors and others were present, namely: C. S. Wilcox, C. Rapley. .1110. M. Parthings. E. E. Newman, S. L. Cork, Jno. Pool, W. J. Sheppard.J. B. Tudhope, Colin D. McLeod, Stuart Stra-uhy, Geo. Watson, Jae. Linton. F. W. Bain, James Burnside, Jr., F. J. Winlow, R. H. Harvey, H. W. Bodman, Geo. Le Bloke, E. Galley. A. Pow. H. S. Strathy, J. A. M. Alley, J. R Stratton, Geo. Mair, W. G. Turnbull. J. K. Niven. Arch. Filshle. H. R. Playtner. Andrew Semple, James Young, H. G. Horton, Julius A. Halbhaus, J. S. Williamson, James E. Baillie. Jno. Smith, Alf. Haywood, Walter C. Lewis. A. M. Scott, P. A. Vale. H. W. Barker. M. Garvin. J. P. Hedging, C. D. War- ren, E,_ _Dic§in_§on_,_ Geo. F._Wepb, J. A. Laird, Josiah Taylor, A. B_._01‘<L N- 390158“, J. E. Overgolt. ‘t_ ---_4A "A _A‘ _ -_ _- u v-"- v www, 00 Aao “in“, vv _ â€"â€"â€"â€"â€"â€"â€"~â€" â€" â€"â€", ._., Mr. C. D. Warren, the President, having taken the chair, the General Manager, Mr. Stuart Strathy, was quested to act as Secretary of the Meeting. On motion. Messrs. E. Galley and J. K. Niven were appoingded Scrutineers. The minutes of the last Annual Meeting were taken as re accrued interest, amount to. . . .'. ......... . Balance at credit of Profit and Loss last year . . . . - The Directors have much pleasure in submitting their Twentyâ€"seventh Annual Report and 13318300 “19°" '9! the affairs of the Bank, as of the 30th December, 1911, together with Profit and Loss Account, showing the result of the operations of the Bank for the year which ended that day. The net profits 0f the Bank, after making full Prof"- slon for all had and doubtful debts, amount to $601,133.78, beins 13.80% on the paid-up capital of the Bank. whwh has been applied as follows: The net proflts for the twelve months, after making provision for bad and doubtful debts. and reserving AAA. -nfl -- curities.... Railwa3 and other Bonds,.1')ebentures, 'Stocks.... ...... .. Call and Short Loans on Stocks, Bonds, other Securities ................ . Call and Short Loans on Stocks, Bonds, other Securities in United States Bills discounted current . . . . . . . ......... Notes discounted overdue (estimated loss than the Bank premises) ................ Mortgages on Real Estate sold by the Bank.‘. Bank premises ........ ............. . Bank furniture, safes, etc Vided for) ......................... Loans to other Banks, secured .......... Deposit with Domin_io_1_1 Goyernmeot for Deposit with Dominion Government for se- curity of general Bank Note Circulation. Real Estate, the property of the Bank (other TORONTO, 30th December, 1911. You will observe $200,000 has been added to Rest Account. The Rest Account is now $2,500,000, or about 58% of the subscribed and paid-up capital of the Bank. The business of the Bank continues to grow most satisfactorily, as the comparative statement submitted shows. The deposits during the year have increased $4,193,898.29, and the circulation has increased $583,595. The Head Office and all the Branches have been carefully inspected during the year, and a full report of each office brought in review before your Directors, and, in addition to these inspections, a Committee of the Directors, other than the officers, and composed of Mr. E. F. B. Johnston, K.C., Mr. W. J. Sheppard, Mr. C. S. Wilcox, and Mr. H. S. Strathy, was appointed to examine and appraise all the securities held at the Head Office, which they did, and reported to the Board that they are as represented to it. Notes of and Cheques on other Banks .. Balance due from other Banks . . . . . . . . Balance due from Foreign Agents Dominion and Provincial Government General Manager. The General Manager having read the statement and made explanatory remarks thereon, referred to the im- proved profits, which were $76,782.39 more than the year before. He also called attention to the growth of :he Bank from its inception, which may be seen from the comparative statement appended to this report. In concm. sion, he asked if any of the shareholders wished for further information regarding any of the items of the state- ment, upon which a general discnssion ensued. . l C Q Q [\- - “cub, wyvu vvubvu u a â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€" Mr. E. F. B. Johnston, K.C., explained the nature of the work done by the Committee referred in-) in the Re- port, and pointed out that the principle of checking the work of the Bank was carried out from the work of the juniors to the work of the General Manager. On motion of the President, seconded ny the Vice-President, the report was unanimously adopted. The By-law governing the number of Directors was amended, increasing the number from seven to eight. and a By-law creating a Second Vice-President was passed. The cuStomary resolutions of thanks to the Directors and Officers were duly passed. The election of the Directors was then proceeded with, and the Scrutineers reported the following gentlemen duly elected to act as Directors for the ensuing year, viz.: C. D. Warren, Hon. J. R. Stratton. C. Kloepfer (Guelph >, W. J. Sheppard (Waubaushene), C. S. Wilcox (Hamilton), E. F. B. Johnston, K.C., H. S. Strathy, J. B. 'l‘udhOpe (Orillia). W'tli‘ne meetin then adjourned. At a subsquuent meeting of the newly-elected Directors. Mr. C. D. Warren was re-elected President. Hon. J. R. Stratton Vice-President, and W. J. Sheppard Second Vice-President. by a unanimous vote. ‘4‘ n A _- h 4 1907 4,822,000 13W“ Dec. 31, 1907, (7 months) 4,352,000 2000 1908 4,353,000 2,000 1909 4,354,500 ‘ *2302 1910 4,354,500 *2.453 1911 4,854,500 *2,681 *Inclnding undivided profits. The Traders Bank of Canada, Toronto, 23rd January, 1912. The increase in Bank premises is partly accounted for by discharging the encumbrances which existed at the time of the purchase of Vancouver and Winnipeg properties, and partly by the purchase of the property immediately east of your Head Office Building, which was acquired at a reasonable figure, a portion of which will be used for the purposes of the Bank. This purchase will be of great advantage in protecting the lighting of the east side of the Head Office Building. Your Bank premises now comprise 34 separate buildings. Capital Stock paid up Rest Account ....................... Dividend ,No. 63 payable 2nd January Former Dividends unpaid ............ Interest accrued on Deposit Receipts Balance of Profits carried forward review. As on May 318t. Capital. AAA Al‘n Deposits made by Banks in the United States .612943 46 Balance due to other Banks in Canada ....... 14974 51 Balance due to London Agents . . . . ..... . . . . . 322.001 41 Notes of the Bank in circulation ......... Deposits bearing interest, in- eluding interest accrued to date ...... $31,566,224 Deposits not hearing interest. 8,411,414 Gold and Silver Coin Dominion Government Notes 1897 1898 1893 1905 1887 Appropriated as follows, viz.: Dividend No. 60, quarterly, at the rate of 8% pa Dividend No. 61, quarterly, at the rate of 8% pe Dividend No. 62, quarterly, at the rate of 8% pe Dividend No. 63, quarterly, at the rate of 8% pe Transferred to Rest Account .................. Written off Bank Furniture .................. Transferred to OfficersflGuarantee Fund ....... Transferred to Officers’ Pension Fund .......... Balance at credit of Profit and Loss, new account The Directors 'have much pleaéure in testifying to the good work performed by the Staff during the period under All of which is respectfully submitted. CHAS. D. WARREN, President. The Genenal Manager read the General Statement or the Bank, as of the 30th of December, 1911, as fonowgg. vmonmmEzmm 0." 41m ._.<<mz._.<-mm<mz._.: >zzc>r omzmm>r gmmflzm. 2,000,000 2,99 7,000 COMPARATIVE GENERAL STATEMENT current . Demand . 2, 2:053:56? $302,443 \ 70;ooo 150,090 39",va 1,100,000 1,259,900 - - $ 541,680 667 5,439,670 00 Rest. 33v . y .g'l’. - fimm - . m DIRECTORS’ REPORT and and and Se 11 14 30th December, 1911 . $34,592,917 84 Circulation. 8 271,000 405,000 400,000 479,000 488,000 467,999 676.000 698,000 681,000 987,000 1,192,000 1,338,000 1,439,000 1,869,000 2,111,000 2,310,000 2,924,000 3,081,000 2,600,000 3,060,070 8,790,080 4,373,675 $5,931,350 67 39:97:53? 25 $4,354,500 00 2,500,000 00 87,090 00 984 5 2,811 7% 181,208 57 $4,373,675 00 2.517.278 41 23864 15 24,950 on 2,307,501 71 237,596 87 583 .326 52 1,385,380 74 552,316 37 1,815,894 44 1,723,515 35 301,284 21 LIABILITIES 199,121 74 133 05 197,395 35 ASSETS 1911. $52,427,827 42 $14,865,346 71 $ 7,126,594 79 52,427,827 42 930,000 921,000 1,445 3000 1,474,000 2,000,000 2,567,000 8,224,000 8,375,000 3,681,000 3,987,000 4,235,000 4,930,000 5,661,000 6,528,000 7,672,000 10,882,000 13,311,000 15,810,000 20,491,000 23,37 3,000 25,385,000 29,813,000 36,0 77,000 40,590.00!) 45,301,232 63 37,562,480 71 Deposits. 578,000 QM “My Loans. including Total 0 Call Loans. Assets. ' 8 971,000 8 1,208,000 1,519,000 1,910,000 1,473,000 3,955,000 AA‘AAA_ $29,077.697 41 7,000,137 18 $3,080,355.21 STU ART STRATHY. General Manager. 2,642,000 3,2 1 7,000 8,856,000 4,078,000 4,425,000 497677000 4,502,000 5,136,000 6,057,000 7,426,000 7,654,000 8,800,000 11,097,000 14,591,000 18,019,000 22,935,000 26,609,000 26,337,000 25,431,000 29,605,000 34,537,000 86,816,000 487.750 57 STUART STRATH Y, $32,810,351 82 $4,331,103 $4,354,500 00 2,300,000 00 87,090 00 602 52 4,351 85 153,434 79 t momdv 3 mmkdm mm $3.90.” mm www.mnodm $3,790,080 00 361,569 37 1,726,172 48 1,445,605 24 2,020,936 32 291,070 56 1,154,912, 2’0 24,500 00 2,093,332 22 240,439 41 39,963,000 47,152,000 52,427,000 $329,999 9'33”” 5,000,000 5,597,000 6,140,000 5,887,000 6,825,000 7,638,000 9,177,000 10,846,000 1-395, 000 14, '60 ,000 135333909 200,000 00 167,374 13 449559090 $565399 74,508 75 7,250 77 1910. (0 01 to Dividends paid since incorpora- tion of Bank. 3 24,236.78 29,07 8.80 80,865.08 31.49259 82318-81 $11,731,370 74 $47,152,736 89 $47,152.736 89 $ 6,899,979 16 35,421,366 15 40,25 .' 3 87,090.00 87,090.00 87,090.00 87,090.00 200,000.00 15,000.00 5,000.00 5,000.00 181,208.57 $601,133.78 153,434.79 $754,568.67 $754,568.57 304,699.50 315,671.48 348360.00 45,829.62 61,106.21 79,838.31 81,829.28 113,837.17 146,569.63 204,617.33 268,967.25 304,330.03 38,444.00 86,447.70 37,316.38 42,000.00 757 73