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AsSQt8 .‘ s «_ + C s s s . Liabilities : Statutory Policy Reserves â€" . Reserve for Dividends payable in 1935 upon Industrial Policies . . . Ordinary Policies . . .: . Accident and Health Policies HE Metropolitan Life Insurance Company began publishing " Health Hints" for its policyholders in 1871 and ever since has carried on its efforts toward better health. The Company cooperated with governâ€" ment officials in a campaign against a threatened cholera epidemic in 1892 and thus began its cooperative work with public health organizations. In further developing its activities in the field of health, the Metropolitan organâ€" â€" ized its Welfare Division in 1909 and, at about the same time, a nationâ€"wide nursing service was established for Indusâ€" trial policyholders. Subsequent health records demonstrate the value of these services. During all these years the Company has worked shoulder to shoulder with national, provincial and local health organizations to stamp out preventable disease. New low mortality figures were recorded in 1934 for practically all of the diseases against which public health forces have directed special preventive efforts â€" notably typhoid fever, tuberculosis, diphtheria, infant mortality and maternal mortality. During this year the good record of previous years continued to obâ€" tain among Metropolitan policyholders. Income in 1934 . . . . . . Increase in Assets during 1934 . Dividends Paid to Policyholders to plus those declared for 1935 FREDERICK H. ECKER Presiden t Mrtrorourran Lirs Gompany Total Reserve for Dividends . All other Liabilities: . . . . Contingency Reserve . . 5o : Unassigned Funds (Surplus) . â€" . Life Insurance in force in Canada at end of 1934 $1 099 859 931 Life Insurance issued in Canada in 1934 . Health publications distributed in Canada in 1934 Free Nursing visits to Canadian policyholders in 1934 Ordinary . Industrial Group . The Metropolitan is a mutual organization. Itsassets are held for the benefit of its policyholders, and any divisible surplus is returned to its policyholders in the form of dividends. 171 (In accordance with the Annual Statement filed with the New York State Insurance Department) Report for the Year Ending December 31, 1934. $582,800,767 3172,836,553 61;2%22,611 $44,192,450.00 50,397,036.00 2,676,000.00 date Canadian Head Office: OTTAWA HARRY D. WRIGHT Third Viceâ€"President and Manager for Canada $4,031,108,151.53 $903,754,216.09 $170,346,960.14 $1,015,352,341.86 $4,031,108,151.53 97,265,486.00 127,615,961.40 40,000,000.00 244,931,356.13 Home Office: NEW YORK $191,594,734 Policies in force in Canada Ordinaty :. .‘ «_ *>.. . . . 400,1735 Industrial s k. 2,209,62 4 406,975 Group (certnhcates) e ies 37,047 3 .970,218 Payments to Canadian Policyholders in 1934 528,263’755,64 THE PORCUPINT ADVANCE, ONTARITO Investments in Canada . . Dominion and Dominion Guaranteed Bonds . . Provincial, Municipal, Proâ€" vincially Guaranteed and Municipally Guaranteed Bonds‘ :.;. .. All other investments . . Total Insurance Life Insurance in force: Ordinary Insurance Paid for Life Insurance Issued, Revived and Increased in 1934, $3,287,100,370. . Ordinary $1,524,348,452; Industrial $1,487,231,699; Group (less withdrawals) $275,520,219. Accident and Health Insurance in force: Policies in Force (Including 1,496,612 Group Certificates) Principal Sum Benefit Weekly Indemnity Industrial Insurance (premiums payable weekly or monthly) . . . Group Insurance cluding group certificates) $60,249,902:38 113,494,246.31 83,175,919.91 LEROY A. LINCOLN Viceâ€"President and General Counsel «_ £$256,920,068.60 $10,216,839,377.00 $19,489,805,475.00 $1,332,000,950.00 $13,842,855.00 6,617,508,665.00 2,655,457,433.00 2,647,406 * ’\ \Large Numbers of People from Renfrew and Other Ottawa Valley Areas on \__This Section of North. On many occasions referred to the numl ley people who have . and district. Several has been made to th chers, for instance, 1 spend their holidays centreées where they h homes. Some of the the camp came orig Ottawa Valley. Ren In the Chilean mining industry, the chief source of supply for oreâ€"crushing anq sorting machinery has been the United States wnile the United Kingâ€" dom supplies most of the ccalâ€"cutters. Germany suppliese comprpssor and mine power equipment and Sweden is a strong competitor for diamond drills. Mining production in Chile is showing prcgress, being #t a higher level than at any time during the past two years, to the Industrial Department of the Canadian National Raillways. towns; they vi: cherish hopes old age. Of c will finally dif adopted domic ous and scores cf h followed his example, the railway was beir mining areas. Calab has a mine, the onl phite property in Car In former years consi ing was done in the n that is all water und "FEganville, many hundreds of yo North to settle in t] to become undergrou! go prespecting. Most on T. N. O. railwa make a stake and nel thrall of the count: they figure on retiring MINING EQUIPMENT IN CHILE COMES FROM FOUR COUNTRIES "The best of the Northern prospecâ€" tors originated in the Ottawa Valley. If you ask them how they got into the business they will tell you a tale of going up to COobalt in the early years of the century, looking for work of any kind. They quickly became enamored of the search for minerals, taught themâ€" selves the rudiments of the profession and branched Oout for themselves, folâ€" lowing several years‘ work in the mines. Once infected with the virus they never again could settle down to the prosaic business of putting in eight to ten hours underground and drawing a pay check at the engq of the month. They would tell you Of hard times, or years when no money could be found, of bad luck in negotiating deals, in arriving too late at discoveries but they will not complain Of their lot as a whole. f "Ottawa Valley names to conjure with are Calabogie and Killalce. Just why people laugh when a man says he comes from one of these places has never been determined. Yet many of the miners and prospectors called these villages home. George Lee of the T. Ottawa Valley Folk in the North Land "It is perhaps not surprising that Ottawa Valley people have had so much to do with the developnfent of the minâ€" eral rescurces of the North. ‘The stream was a highway cOonnecting the settled east with the untrodden north for many years. The lumbermen, emerging from Ottawa, later establishiâ€" ing depots at Mattawa, followed the exâ€" plorers, missionaries and fur traders. The timber was taken from the silverâ€" threaded hills of Cobalt and South "No matter where you go in NOrthâ€" ern Ontaris and Quebec you run into Ottawa Valley people, who have turned from the peaceful occupations of their forefathers to the somewhat risky and always Onercus job of mining. The present generation of Canadianâ€"born miners and prospectors is made un largely of men from that sectionâ€"and from Nova Scotia. One can readily unâ€" derstand the Bluenose partiality for undergrounq work lsut the Eastern Onâ€" tario farmer, turned miner, is a rather cdd development. ticularly has been notable for su Ing the North with leaders and i citizens. Last summer The Ad had an editorial article on "Goco Killaice." Rev. Fr. Bernaski, of B Bay, who happened to be visiting at the time, promptly asked: "Wh Good Old Barry‘s Bay!" and ho j ed out that there were many here Barry‘s Bayv. "When one speaks of the Ottaw Valley he takes in a lot of territory. 1 is almost a generic term, embracing vast area which stretches from the S Lawrence at Montreal to the headwa ters in Northwestern Quebec, some 70 mileés to the north. En route the grea river collects the watets of. a doze streams and the regions drained hb them are included in the terminolog: A man says he comes from the Ottaw Valley whether he is from up the Ga tineau, the Bonnechere cr the Dum Ooine. It is a good, safe, honest, com prehensive place of origin. threaded hills of Cobalt and Sout: Lorrain a generaticn before the railâ€" way revealed the metallic riches. Matâ€" tawa was headquarters for the lumber harvesters and Mattawa became noted eventually for the enormous mineral wealth unearthed by a half dozen of its citizens, including the Timmins and McMartins who early adventured in Cobalt and Porcupine. W. J. Gorman, who writes that esting column, "Grab Samples" Northern Miner each week has thing to say abcut the debt the Country ‘owes to the Ottawa Va the matter of pioneers and go: zens. This article in "Grab Sa will be read by many with specia est. Here it is:â€" Railway maC The QOttawa Vallevy not surptIis ple have had velopnfent of f the Nort wh 1y y 11 ces has never many of the called these Lee of the T. ‘alabogie faniâ€" fellow citizens nig north when built into the ‘, incidentally, roducing graâ€" i at this time. able iron minâ€" but Arnprior sen men into th nlning towns m went A W 1rn brid 1€ )1d homso ally and in their majorit‘y Ad y\ try, the rushing en the i Kingâ€" on the day 1‘ TY Ups