Ontario Community Newspapers

Porcupine Advance, 23 Jan 1939, 1, p. 6

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Increas=:s in premium income. in total income and in the strength of the company as indicated by *"otal asâ€" sets and surplus, featur> the nint yâ€" second annral report of the Canada Life Aszsurance Company. Premium incom> on new insurance paidâ€"for during 1938 amounted to more than $17 milllons, an increase of $74,â€" 983. Total net premium income was $254,000 higher at $25.3 millions. And income from all sources totalled $38.6 millions, an increase of almo: $600,000. The averag>» rate of interess earned on all investments held by the company showed a slischt increase during the vear. Canada Life Bigger and Better than Ever Assets at the year ond are shown in the stazem®r© at $265.8 millions, an increase of $6.5 millions over the preâ€" vious year and the highest figure in the company‘s history. It is explained that company‘s nistory., it is expiaincd thnal in arriving at this total, valuations were used which are subscan:ially more conâ€" cervative than thoase required by any government. Surplus funds and special reserv>s also show a substantial increase at $11,574.118. Tho amounts set aside by th2e company to make adequate proâ€" vision for the future payment of poliâ€" cies now in forc> icoal $235.1 millions, as against $231.3 millions at the end of end of 1937. In this connection the company states that the amount so set aside is considerably in exgess of that required under scandards cstablished by legislation. New paidâ€"for insurance, excluding annuities, amounted to $64,968,806. In addition new considerations for annuiâ€" ties were $1,959,342. In Canada, sales »f new insurance showed an increase Annual Report Sh ow s Growth in Business, in Inâ€" come and in Total Assets and Surplus. # 4 _« % :‘ * *‘ * * * A _ # 7‘ * t t * * (3 + 44 @4 44# *4 0.,00v0 4?00.00000.00000 000000'00 00’60 ©,%# ... .... nete ooonocooooooooooo o sns 2t s 22 2* 2. * t e Je i i in 0: 0.‘ 00 *# ..00..0.0 00.’. .:.x.z.t. #,. 0.0. # "# n Highlights from the New paidâ€"for insurance in amounted to $64,968,806. tions for annuities were 51, Life insurance in force, excluding annuities, now stands at $814,935,337. In Canada, new paidâ€"for insurance showed an increase for the third successive year. New premium income amounted to $1,730,173, crease of $74,983. Total net premiums were $254,000. Income from all sources totalled $38,641 of almost $£600,000. The average rate of interest earned showed a slight increase. Assets increased by $6,554,505 to the highest figure in the company‘s history â€"$265,894,243. Surplus fui An average of m paid to policy ov paigd to poiicy oOwners, annfiui 1938 â€"a total for the year twoâ€"thirds of this amount owners and annuitants. Since 1847 the Canada Life has p annuitants and beneficiaries, or has behalf. more than $880 millions more than it has received in of Canada‘s Oldest Life Assurance Company H. W. HARE, Manager, Kirkland Lake Branch farry R. Jenkins, Timmins, F, H. Hepburn, South Porcupine Representatives Assurance Company 25 cents ADMISSION Cash, Govornment and Municipal Bond: Canada, United States, Great Britain Eire ............... 44.08 Other Government Bonds ... .18 Public Utility Bonds ............... 13.87 Bontls 62 Other Corporation Bonds e ul y 2 :5 Preferred Stocks ... in d d of Canadian Banks and Trust Companies ................... 1.27 Other Common Stocks ... .65 Mortgazes and Salos A"reements 18.73 Policy Loans ... ... im ie s o0 Real Estate (mf*lu'imn Conmm § Buildings) 9 42 down $2%; milllons from the com| able figzure at the scnd of 1937, the crease is entirely due to reassural revseived from other companies. Di writt :n businessâ€"that produced by company‘s field organizationâ€"show: increase of more than $4.2 millions for the third ness in force no In this connect ou}: whilé insurance in 1938, excluding annuities, $64,968,806. In addition, new consideraâ€" ities were $1,959,342. e now stancs at $0614,9050.30 i nection,. the company point the "in force" total i reserves increased to $11 $25,.322,766, an increase of "~ of Total Ledger Assets year. ‘EUSsiâ€" $814,0935.337 the an ,377, an increase all investments An Irserest Which is Well Worth Cultivating. This is a good time of the year for Scouts to try to link up by corre:spondâ€" sonce with Scouts in other countries, and thus pave the way to gaining the World Friendship badse, which is quite ons of the most worthâ€"while in our long list of Proficioncy Badgzes. BOY SCOUTS IN TIMMINS A. N. Mitchell, left, president, Wm. Hastic and S., the interest rate despits the general lowering ( 2. McEvonue, general managers, of the Canada | such rates, the increase in income, the satisfyin Life Assurance Company whose 92nd annual report strengthening of the assets, the increase in sut is summarized elsewhere in this issue. In reviewâ€"|} plus, the maintenance of production of new bus: ing the progress of the past vear at the annugal| ness, all speak for the stability of the Company meeting, Mr. Mitchell stated ‘"The maintenance of | operations." Ssecut "Pen Pals" U DL of a qtery. For example if you are still at; schosl you can writs a letter gescribing the vwhings you do theore, the hnolidays you got, the lessons you learn, the games you play, and the way in which the school is run, and if your correspondent is still at school he can reply in the same vein. Thus you will have some idea of school life in his country. the conditions of that trade in this country, the jobs you have to do, and your friend on the other side of the world can rsciprocate2. If you have selected a correspondent with a similar hobby to your own things If you are at work thon describ2a the trade or profession ycu have entered, We Canadians, if we are not of French or foreizn parentlage, are very bad linguists because we . have nesd for any other languags excoept English, but if by chance you hayve what is known as the "gift of tongues" then encourage it for ali you are worth. The knowledge of a new language opens up all sorts of possibilities for new joys of life. As you progress in your corrspondâ€" As you progress in your correspond-} ence you may find that you have timel o add a few more friends to your list; if so., consider the idea of running small monthly magazine to circulate | amcong th2m. $ | The way to do it is this. You geot a hardcaoversd note book and write your contributionâ€"say, an account of your Sscout Trosp, a camp you enjoyed, your schsol life, your job â€" then send it around the whole list of your friends, each one adding his own contribution and illustrating it with snapshots or skeiches. 1t Pe:e‘ methmgr A be ea‘‘n eated on the fisor, p form sStratford Beaconâ€"Herald: There i meth'mg to be said for the brigh oolibey who on his examinatio: nper opmed that a lawsuit is the unt rm worn by a policeman. WILLIAM HASTTIE beanâ€"cating picturs nethinz. â€" A bean suppetr, on the flcor, picnic style | turs of a Rotary Clubâ€"Boy Wolf Cub night ss. Swil. sk., the Rotarians lost out â€"eating contest. Secuiingiy Oll a correspondent your own things u collect: stamps hanging nesday 5 efore y 27 11 to do it. country rer â€" vour YY 110 5 ijll m dinâ€" 11 hei 11 '. This yea \ tion is to iTimmins nual exhib |held in A oppor prepare c Llist is put | Directors | soilsd, de |structed t ! and upâ€"t Friz?sâ€" nated the | one dolla Needlework Prize List, Timmins Show Needlework Section Again to be Feature of Horticulâ€" tural Show. 1â€"Téa Aprons. First and. se prizes donated by Canada Spool CC Company. â€"Cushion Top. 3â€"Pillow Cases; one pail 4â€"Tabls Runncor. First prizec do ed by Mr. Neiman. Second prize o? nated by Canada Spoo!l Cotton C: 5â€"Lunchen Set, fur ssrviettss. First prize donaced by Moisley Ball. Seeâ€" ond prize donated by Canada Spool Cctton Co. 6â€"Crossâ€"stitch Sampler. Prizes doâ€" or CL pieces. 11â€"Doily, one. 12â€"Collar and Cuflf Se 13â€"Tablecloth. * Knitiing Pleaso Note.â€"Exhibitor must purchase bill for yarn with any entered in the knitting sesiion. than size 14) Timn Ru â€"â€"â€"CGOIIAT cd, fi $. C. MeEVENUE of ORD! % wwmwmww ‘ OovERrLAND ECONOMY ~WOMAN DRIVER PROVES ‘ overLanp Economy 6 FIRST AVENUE TIHE NEW 5f New Ontario Motors t $1.50 peés. ol Ldgin ach. Crochet Work rfhield or Chai roidery W rmmiles f only Tattin at least SEE THEM AND DRIVE THEM TOâ€"D secong Cotton donat attach article #. 000 0%,0%, .%, .* oo.n:uM texfuiteatest Un se ats aty ie ie ate ctr ats se ate se n s ts 2t .*. ,* «# .“ ....0.‘“ .“'“ JA *A *A + ** .01.00.00 #* * _ @. @. * .'“.“.“.00. eetealeafestoats # *3 w League Leaders Rudely Jolt Fiyers Out of Winning Streak Dome Porkies Thoroughly Trounce Coniaurum Nine Goals to Two. Porkies Apply Pressure When Flyers Weaken in Last Half Third Period and Score Five Consecutive Goals. Huggins Outstanding. offse and in th Play in even. Th w} 19â€"Liti«le Girl‘s Dress. Prizes donated by Regent Knitting Mills and Mrs. Shsphardâ€"For articles Nos. 20 or 21 exhibitor must use Regent yarn purchased at Mrs. Shephard‘s. First prizo for ecachâ€"one box of Regent Wool. Miscelianeous 24â€"Afghan, knit or crochetedâ€"to be made wich Monarch yarn. Exhibitor must attach purchase bill for yarn. First prizeâ€"box of Monarch Yarn donated by Monarch Knitting Co. 23â€"Wool Cushion Top (any kind of work)â€"ito be made with Boâ€"Psep yarn purchased at Kresges‘. Attach purâ€" chass bill. First prize â€" box of Boâ€" Peep Wool donated by York Mending Wools and Krosges. 26â€"Novelty (any kind). 2â€"Handâ€"hooked Wool Rugâ€"to> be made with wool rlurchased 2. the Wooly Lamb Studio. Attach bill. First prize donated y Wooly Lamb First Studio BURXNS‘ BIRTHDAY ANNIVERSARY COMMITTEE extends this inviâ€" tation to all Scottish people and their friends from near and far to take part in the 180th Birthday Anniversary at the ass from Mak 11 noOooRrs oOPEN en afteor Admission Members. cning licket h 3niaurum 8â€"Handâ€"madse Quilt TUuCcC Little Bovy‘s Siuit in the first pseriod was abot, The Flyers had more shots on but Brownlee, in the Dome their agzressiveness with his Only goal of the period came, ifter three minutes, Nevins took from Maki. There was only one ady‘s Suit or Dress (not smaller On §g, Jiain. holders SCHUMACHER num 2 to press their advantage. ed five goals home in the minutes of the period. alcof the firs, period was the Porkies. nI the second omd the Flyers three to two _ third got five. the first pseriod was abow, BURNS BANQUET Wednesday $1.250 Tickets to be had from Sons of Scotland and Pipe Band All unsold tickets to be returned to the Secretary by Tuesday in. Mth.. Seating accommodation shall first be secured for all n by Sit and Knit ESiuit or Dress (no. 14). Exhibitor must Sit and Kanit Nook. > pound Munrospun 11 11 0 p.m C held th i1al, howevetr ‘am â€" shows Evening, January 25th, 1939 sday nisht when the Dom yre had uns Aand held in aviatrix, drove a new stock model QOverland from Windsor to Toronto, over hazardous highways under the observation of the Canadian Automoâ€" bile Agsociation . . . Her record : Distance 236.6 miles ... gasoline 7.2 gallons . . . average 32.86 miles per gallon . . . total cast for gas $1.75. See the new, big Overland at your nearesi Willysâ€"Qverland dealer‘s. Arrange for a demonâ€" stration at once. Drive the Overland yourself e oV LE LC CE on »â€"â€" Le;-r-n*}{ov;v thousands are saving money â€"â€" in lowest first costâ€" in lowest operating costâ€"â€"when they own this beautiful, comfortable modern car. penalty ping Young. Retaliating goal came afiter «wo minâ€" ut>»s and fiftesn seconds of sthe second when Young scored on a solo effort. He tcok long, Iocp shot from the blue line anrd came in fast to circle the net and slap his own rebound home. He got the second Conisiurum goal seven minutes la‘>»r when ho toosk the rebound on Morgan‘s long shot and snapped in from the crease. The Porkies started on their scoring sbrese which lasted from then until the end of the gam>. They got cight conâ€" secutive goals before the prpricd ended. In the second period Nevins got ons and Huggins two. Nevins took the puck from a secramble inside th> Fiyers‘ blue line to close in on Clarke and count. Huggins got his first from close in on a pass from Gordon with only the goalie to beat. He scored again, on i backhand drive from the sids of the net. All the way through the third iod the Coniaurum board of strategy ordered the use of five forwards in the wellâ€"known Fiyeér third period power ‘drive. It did not work however, as every onc> in a while the Domesters would break away. Dun scored alone on a backboard shot from close in after twelve minutes and McKay tallied on a rmush. He shot from near the blue line. Maki got cthe third while Clarke was out of his n:t. Nevins shot from beâ€" hind the net to Maki and he drilled it unoppsosed. Clarke claimed that a Porcupine player was holding him out of his net but the zgoal was allowed. of the smoc‘h, effective passin?t plays chat featured the Dome performâ€" ance throughout was responsible for the next pair of counters. The same trio, Reynolds, Maki and Nevins got both. On both occasions Rseynolds was on the scoring end of the play. The teams: Dome Porkissâ€"Goal, Brownlee; deâ€" fence, Taylor, Dunn; ceni.re, McKay, wings, Huggins, Nevins; alternates, Reynolds, Gordon, Simpson, Messett. Coniaurum Flyersâ€"Goal, Clarke, deâ€" fence, Neddow, Buiters; centr2, Young; wings, Dixon, Morgan: alternates, Horâ€" rick, Konrad, Kerr, McCulloch, Kenâ€" nedy. Mines League standing to date follows: Dome Ankerite _ Hollinger Pamour Coniaurum MciIntyre .. Try The Advance Want Advertisement MONDAY, JANUARY 23RD, 1939 Officialsâ€"Wilder and Pender Mines League Standing Miealeale onoo 000 o{focfooo?ooo/ Diunn was banishea for tripâ€" BANQUET AT 8:00 p.m PHONE 797

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