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PAGE TwWO Mr. and Mrs. Wilfred Harnack and children srcnt Sunday with the John Humme!l family at Maryhill. Mr. and Mrs. Norman Bauman and Douglas were Sunday guests at the Anthony Bauman home in West Montrose. Quite possibly Gen. Chatles de Gaulle and his Fighting French have some reservationg about these electors, but they represent the most legitimate and o'%l: French authority in Africa. Moderate de Gaullists will probably recognize that French administration in Africa will be, less injured than if the British and Americans had ignored the local" governors and imposed a Fighting French leader as High Commissioner.‘ Moreover the Fighting French have repeatedly expressed their approval of General Giraud. Indeed, except for General de Gaulle himâ€" self, no Frenchman outside of France has more prestige or a clearer antiâ€"Nazi record. General Giraud is no politician, and it will be necesâ€" sary to protect the situation against Vichyâ€"minded politicians who would use Allied power to consolidate their position in Africa. But most of the difficulty might be ironed out by a positive show of American friendliness to the Fighting French. Tentative plans for a visit to the United States by General de Gaulle offer an excellent opportunity to express that friendliness. On their part the Fighting French can help to curb the spirit of factionalism which has so weakened French efforts both before and since 1940. At least until Africa is won, the main consideration should be not that a Frenchman is conservative or liberal but that he is bent on freeing France. General Giraud‘s selection should facilitate such an attitude. â€"Christian Science Monitor. Deposits by the public, topping the billion dollar mark, have likeâ€" wise reached an allâ€"time high. The liquid position has been still furâ€" ther strengthened with quickly realizable assets representing 75.â€" 44% of the bank‘s liabilities to the public. From point of view of agâ€" gregate assets and liquidity this year‘s statement is the most imâ€" pressive ever issued by the bank. Profits for the year show moderâ€" ate contraction due to increased Dominion Government taxes, highâ€" er operating costs and the fact that comparatively low yields are being abtained n the substantial sums inâ€" vested in Government bonds. It is to be noted that Gen. Dwight D. Eisenhower, United Nations commander in North Africa, did not appoint the successor to Admiral Darlan. Gen. Henri Honoré Giraud becomes French High Commissioner in Africa through election by the four highest French officials there, the Governors of Algiers, West Africa and Morocco, plus Gen. Jean Marie Bergeret, formerly Secretary of Aviation in Vichy. The steadily mounting tempo of Canadian business is strikingly reâ€" flected in the Annual Balance Sheet just issued by The Royal Bank of Canada for the year endâ€" ing November 30th. â€" Total assets are well over the billion dollar mark and now stand nt $1,291,615,947., the highest point gvei reached in the history of the ank. Total assets have increased by more than $216,000,000. over the figure attained the previous year. Liquid assets show marked expanâ€" sion and aggregate $906,440,239. as compared with $681,918,309. a year ago. Liquid assets include Dominâ€" ion and Provincial Government seâ€" curities, $519,801,345. as compared with $371,231,959. the previous year; United States and British Government securities, $46,029,701. 2s compared with the previous toâ€" tal of $6,912,050. while cash on hand and deposits with the Bank of Canada, other cash items and bank balances are $261.884,475, up $27,805,766. + Mr. and Mrs. Leo Schnarr and son Richard were Christmas guests with relatives in Kitchener. Mr. and Mrs. P. J. Bruder and children of Waterloo spent Sunday with Mrs. Elizabeth Hergott. Mr. and Mrs. Tony May and daughter Mar%arot were Christmas ’(uests at the Ed. Beechey home in ossuth. John Vanstone of Galt and Gladys Freiburger of Kitchener were recent guests with Mr. and Mrs. Siegmund Freiburger. Mrs. Siegmund Freiburger. â€"â€" _ |_ Mr. and Mrs. Curtis Sommers and MNAr.S::;gdmuMnrt; ';;’3‘;;‘:’1-",,’_;‘0, andi“\" spent Sunday with friends in chr)ldren of Maryhill were Christ.| Wilmot. mas guests at the Chas. Reinhart| Mr. a Mrs. Oliver Zehr and home. }Da]c :Fz:t Sunday with Mr. and Mr. and Mrs. Leonard Weiler and| Mrs. Nelson Iutzi and Darlene in children of Hamilton spent Christâ€"| Tavistock. Mr. and Mrs. Leonard Weiler and children of Hamilton spent Christâ€" mas at the Ignatz Weiler home. Mrs. Weiler and children are spending this week with relatives Current loans in Canada stand at $255,148,401. an increase of $13,â€" 365,000. It is understood advances Nettie Lerch of Kitchener was a weekâ€"end guest with her mother, Mrs. J. Lerch. Mr. and Mrs. John Wagner of Kitchener were weekâ€"end guests at the Leo Schnarr home. Mrs. Elizabeth Hergott and Olive, and Mrs. Vera Hergott were Saturâ€" day guests at the Homer Leach home in Kitchener. Mr. and Mrs. Norman Bauman and| children, Mr. and Mrs. Wilfred! Harnack and children were Christâ€"| mas guests at the home of Mr. and| Mrs. Bill Bitschy at Breslau. | Mr. and Mrs. Wailter Schilling of Blair, Ruth McKenzie of Kitchener, and Edward Kramp of Waterloo were‘ Christmas guests at the Arthur Kramp home. _ _ § Anna May of Preston spent the holiday weekâ€"end at the Gus Hickâ€" nell home. Mr. and Mrs. Herb. Kricger, Donald and Archic, were Christâ€" mas guests at the home of Mrs. Ida Krieger in Kitchener. â€" Royal Bank Figures Reach New High SHANTZ STATION Mr. and Mrs. Joseph Harnack Mrs. Elizabeth Hergott is a New Total Assets at Record Level of $1,291,615,9147; Public Deposits Top Billion Dollar Mark; Current Loans Temporarily Higher; Liquid Position Very Strong; Profits Slightly Reduced. THE WATERLOO CHRONICLE By Mrs. H. A. Hergort (Chronicle Correspondent) of Waterloo and Waterloo 700!!!“" n 7;th""7 at 7 Ontario Street, Waterioo, every Friday. is a member of the Canadian Weekly Nm.h_poch:o: and of For French Unity SUBSCRIPTIONS PAYABLE IN ADVANCE §1.00 per your in Canada; $2.00 per year ow FRIDAY, JANUARY 1, 1943 DAVID BEAN & SONS LIMITED Owners and Publishers Quebec Newspaper Association. Cunads. Single copics $ cents. |_ Saturday visitors with Mr. and |\Mrs. Aaron Helmuth were: Mr. and |Mrs. John Bast, Floris and Harry, and Mr. and Mrs. Lloyd Schmidt ‘and son Larry. all of Baden, Miss |Verna Lichti of Waterloo, Mr. and Mrs. Stanley Helmuth, Orwell and Carol, and Mr. Elroy Helmuth of [Cnssol. made by the bank to assist purâ€" chasers of the recent Victory Bond issue account for this increase and that ordinary commercial borrowâ€" ings are somewhat lower. The exâ€" planation is that activities of many businesses have been diverted to war production. resulting in rapid turnâ€"over and prompt settlement of accounts; furthermore, inventoâ€" ries are, generally speaking, lower. As a consequence many concerns find it unnecessary to borrow from tne banks. Current loans outside Canada are down by slightly over $16,000,â€" 060. Total deposits are higher by $225,000.000 and now stand at $1,â€" 181,217,192. Dminion Government deposits at $144.192,823. are subâ€" stantially higher and this is attriâ€" buted to the Government depositâ€" iag with the banks the proceeds of the recent Victory Loan. It is inâ€" teresting to note that despite subâ€" stantial withdrawals by the public for the purchase of Victory Bonds, public deposits (excluding Governâ€" ment deposits) have increased from $902,152,676. to $1,002,567,405. Mr. and Mrs. Vernon Nafziger and Lorna, and Mr. and Mrs. Laâ€" verne Zehr and Marlene spent Sunâ€" day with Mr. and Mrs. Danic! Nafâ€" ziger at St. Agatha. After providing for Dominion tion of Messrs. Charles Schaef Government taxes amounting to Erwin Dahmer and Abner Mar $2,014,166. and making appropriaâ€" ‘as trustees to njplacv Messrs. All tions for bad and doubtful debts,| Good, Moore Hill aftl Sol. Kirch profits for the year amounted to‘ / , & a ® $3,390.123. â€" which | represents _ a Christmas Festival slight reduction as compared with £ the previous year‘s figures. From!W(\" ‘A([(-n(lpd these profits dividends amounting: j to $2,625,000. were paid, $315,000; St. Matthew‘s Lutherin Chur appropriated for the Pension Fund|was comfortably filled for the Su and $400,000 for Bank Premises,fdfl.v School Christmas festival, The sum of $50,123 was carried\Christmas night, when an app forward to the balance of pmfit‘pnatq program of songs, recitatio, and Loss Account which now‘vxorcnsos, étc.. was present stands at $3,259,.198. ;Fnl!nwmu the rl.:sq: ".f fh'; serv Shirley Dianne, infant daughter of Mr. and Mrs. Carl Kuhl, was christened at the Church of the Good Sheppard in Kitchener on Sunday. Mrs. _ Gus Hergott and children were Christmas guests with Mrs. Ted Howald at Mannhceim. Mr. Stanley Reibling, who underâ€" went an operation in the Stratford General Hospital, is progressing favourably and is expected to b home by New Year‘s Day. _ _ _ Mr. and Mrs. Joseph Zehr and Mr. and Mrs. Emanuel Zehr and Mr. Menno Kuepfer attended the funeral of the late Leah Kucpfer in Zurich on Sunday. The Annual General Mceting of . shareholders will be held at tho( Head Office of the bank at 11 a.m.; on January 14. 1943. Year‘s Day guest at the P. J Bruder home in Waterloo. Mr. and Mrs. George Kuhl of Kitchener were Christmas Day fiuelf]ts with Mr. and Mrs. Carl uhl. Alfred and George Schilling of Blair, Albert, Anna and Frieda of Kitchener were Christmas guests at the Herman Schilling home. Mr. and Mrs. Carl Kubhl and famâ€" ily attended a Christmas festival at the Church of the Good Shepherd in Kitchener on Christmas eve. Mr. Roy Ferguson of London spent the Christmas holidays with her parents, Mr. and Mrs. David Ferguson. Attend Funerai EAST ZORRA to the interests of the Town By Mrs. Aaron Helmuth (Chronicle Correspondent) The nominution for members of the 1943 Woolwich council took place onâ€" Mondayâ€" afternoon und due to bad roads the crowd was small until later when the afterâ€" meeting was held During the nomination only two eandidates were nominated outside of the old council members, both of . whom it appears at the time of writing may not qualify, in which case the members <of the former |council are reâ€"clected by acclamaâ€" tion. The afterâ€"mecting was presided over by the clerk, Noah Stroh, and |the several candidates addressed the audience on the different lines of work done, noting : prevailing (difficulties and conditions looked forward to as difficulties pending. ) Municipal _ finances _ were _ also spoken of and these showed that" the township was in good stading and well kept in balance by the lacts of council during the past [ year. _ The Reeve and Deputy Reeve briefly referred to their work as ‘members of the County Council, chicf among which was the resigâ€" nation of the County Clerk and the appointment of his suceessor. The retiving clerk‘s $100.00 monthly 'pcnr ion was also referred to and ‘the effect of war conditions being applied to works programs. | _A special Christmas service with |the Sunday School assisting was held in the United Church, on Sunday evening. Expect Acclamation Friends of Pte. Wm. Albrecht will regret to learn that he is confined to the Militray Hospital in London,, on account of illness. The oolice village nomination meeting on Monday evening reâ€" sulted in the clection by acclamaâ€" tion of Messrs. Charles Schaefer, Erwin Dahmer and Abner Martin as trustees to replace Messrs. Allen St. Matthew‘s Lutheran Church was comfortably filled for the Sunâ€" day School Christmas festival, on Christmas night, when an approâ€" priate program of songs, recitations, exercises, _ etc. _ was â€" presented. Following the close of the service packages weore distributed among the children. Conestogo school closed Tuesday of last week for the Christmas vaâ€" cation. The teachers. Mr. Gordon Bolender, left for his home in Stouffville for the holidays, while Miss Margaret Conrad has gone to the home of her brother, Rev. A. Conrad, in New Dundee Christmas Service Mr. Allan Good of Kitchener was a visitor in the village on Monâ€" day. 0 s â€" Ptes. Ray and Roy Burnett of Debert, Nova Scotia, have been spending their Christmas leave at the home of their parents. Mr. and Mrs. James Burnett Naval Officer Gillvray MceLean, of somewhere in Nova Scotia, and Mrs. McLean of Centreville, were visiting with village friends last Wednesday Village Officers Are Acclaimed School Closes The â€" United : Church Chnistmas: service held on Sunday evening was not so largely attended owing to the heavy rain and bad slippery roads. and the program was maâ€" terially affected in number. The different numbers on the program were well rendered, edifying the service to a great extent. Mrs. Marion Dreisinger and Alma of Elmira were Sunday guests at the Herb. Huechn home Cpl. Edgar Dahmer of Barricticld, Mr. and Mrs. John Hall and son,| and Miss Anita Dahmer of Kitchâ€"| ener had their Christmas dinner at the parental home. Ptes. Albertâ€" Holle and Wm. Forler _ of _ Ipperwash spent the Christmas holidays at their respecâ€" tive homes. Mr. and Mrs. Allan Farr of Fort Eric were Christmas guests of relaâ€" tives in the village. home o i£ 31 CONESTOGCO | NEW HAMBURG For Tshp. Council By Nomh Stroh (Chronicle Correspondent) "Lemember now, no hitting below the belt!" Copr: 1942, King Features Syndicate. Inc., Warld rights neorvedl THB WATERLOO (Ontarie) â€"AÂ¥Aâ€"DAY | . Mrs. Hilda Hostetler has returned ‘from a few days‘ visit with her daughter, Mrs. Beverley Willson, in St. Thomas. The Boy Scouts and Cubs were entertained by the Group commitâ€" tee at a Christmas social in the Library Hall on Wednesday eveâ€" ning, Dec. 23. The Scouts gave a demonstration of knotting . and bandaging while blindfolded and the Cubs presented a skit, "The Operation". The programme was in charge of the Scout leaders, Scoutâ€" master H. Erdman and Cubmaster C. Weber. . A King‘s Scout badge was preâ€" sented to Wm. Christner and a firstâ€" class badge to Rodney Klassen. The remainder of the evening was spent in games and contests. The memâ€" bers of the group committee are: O. _ Hamilton, chairman; _ Orval Wolfe, Sr., treasurer; Clarence Kruspe, seeretary: L. W. Hahn and Theo. Stock. Since serious fires causing the loss of many lives in the Dominion have occurred, strict. regulations have been carried out at all public functions held here in New Hamâ€" burg. The Russian Mennonite congreâ€" gation held their Christmas festival on Thursday evening, Dec. 24th, at 7.30 p.m. A.C. Clinton Forster of Montreal is spending a twoâ€"week leave at the home of his mother, Mrs. Pansy Forster. Second Licutenant Julian Vanâ€" denbrock of the U.S. Army Air Force, arrived here to visit his mother, Mrs. Ellia Vandenbrock and other pelatives and friends in town. The coldest December weather in many years plunged in on us last Saturday. On Sunday the mercury dropped to 19 below. It is said to have been the coldest December night in this district since 1914. The local schools closed on Tuesâ€" day afternoon and will reâ€"open on Monday, Jan. 4th. The outâ€"ofâ€"town teachers have left to spend their vacation at their respective homes. By A. R. G. Smith (Chronicle Correspondent) The stores and bank were closed on Boxing Day. This gave the emâ€" ployees a long Christmas weekâ€"end. The general secretary and Ofâ€" home where mothe sanizer for the Ontario section Of.four children were the C.CF., in a powerful plea for the Christmas tree membership, gave a brief histOry Christmas story of the party since its formation ""tm\ed the _ tableau Calgary in 1932. He said the memâ€"| fers playing the part bership in Ontario is now four seph, the angels, s times what it was a few monthS|w 5o men, ago. â€" Owners of motor vehicles have been notified that they will be reâ€" quired to carry a 1942 marker in front and a 1943 marker, behind between February 28th and April Ist to satisfy both Highways Minâ€" ister T. B. McQuesten and Oil Conâ€" troller George Cottrelle. A service was conducted in St. Peter‘s Luthcran Church on Christâ€" mas morning at 10.30. The chilâ€" dren‘s service was held on Sunday evening at 7 o‘clock. L.Cpl. Ward Gocbel of London is spending Christmas leave with Mr. and Mrs. John A. Rumig. foreman of the finishing departâ€" Schmidt on Sundl{, o ment in the New Hamburg Felt| Mr. and Mrs. Charles Mackrow Boot Company. _ ‘and daughter and Howard Shantz The C.C.F. held a meeting in the Library Hall, New Hamburg, on Friday evening. The meeting was1 not well attended but,. those who braved the wintry night were l‘c-‘ warded by hcearing two of the most able speakers in the movement. Janet R. Smith, R.N., of Toronto, spent her Christmas holidays at the home of her parents, Mr. and Mrs. A. R. . Smith Pte. Kenneth Wolfe of Camp Borden spent the weekâ€"end with his brother, Mr. and Mrs. Orval Wolfe. Miss Ada Christner of Waterloo is spending her holidays at the home of her brother, Mr. Alex F. Christner and Mrs. Christner. Pte. Henry Rempel of the R.C.A. S.C.. Chatham, is spending a leave with his parents here. Fusilier Earl Cook and Cpl. Alf. Richards of the Scots Fusiliers, Allenburg, are spending holiday leaves hereâ€" at their respective homes. Capt. â€" Harry _ Katzenmeier â€" is spending his Christmas holidays at his home here CHRONICLE A pretty red and white banner bearing the inscription, "Glory to God in the Highest" floated across l!ho platform at tthe â€" Baptist Church on Sunday evening for the Christmas program which was preâ€" sented by members of the Sunday School. The superintendent, Huâ€" bert Tontan presided and in his upening remarks stated that a rumber of the children who had part in the program were unable to be present owing to the inclemâ€" ent weather. Christmas carols iwere sung with Miss Greta Buck accompanying at the piano after (which exercises and recitations lwere given as well as a song by ‘the primary and junior classes. ‘\Joan and Hazel Dinger rendered a | vocal duet and a dialogue entitled, !"Christmas Messages" was also |presented by Glenn Poth, Jim fBrowm Nyle Toman and Garnet \Koehler. An impressive number was a pantomine by Isabelie Toâ€" man and Joan Dinger with readâ€" ing by Mrs. M. Bechtel. Rev. E. Gingerich gave a summaâ€" ry of the recent study course on "The United Brethren Christian Education Advance", at the reg- lar meeting of the Christian â€" deavour Society which was held ai the church on Sunday merning. Certificates were also presented to t.ldnfu::embeu of the ch-.u:n. :L ve a paper on subâ€" ject, “fiy People Do Not Go To Church", and special music was rendered by the ladies trio comâ€" posed of the Misses Alice and Jean Hallman and Velma Bauer. Rev. Gingerich conducted the installaâ€" tion of officers for the new year. Ot Christian Education Special Meeting The Misses Grace Toman and Theima Lang spent last Wednesâ€" day in Toronto. Guests at the home of Mr. and Mrs. Ed Stoltz on Christmas Day were: Mr. and Mrs. Roy Stoltz and son, Billy of Galt; Albert Stoltz, Mr. and Mrs, Elmer Stoltz and children, Ronald and Anne, Miss Annie Jantzi and Harold Morrel] of Roseville; and Mr. and Mrs. Joâ€" seph Stoltz. Miss Margaret Stoltz and Russel Stoltz of Rosebank. Mr. and Mrs. W. H. Guthrie and children, Miriam and Rae visited with Mr .and Mrs. George Thompâ€" son at Plattsville on Christmas Day. s A joint meeting of the Mennona and Junior sewing circles of the Bienheim Mennonite Church was held in the Sunday School rooms en Monday afternoon. Mrs. David RBergey, president of the Mennona Circle presided for the business and also read the scripture lesson. Miss Isabel Cressman offered prayâ€" er and the singing was led by Erâ€" ma Baer. The remainder of the time was spent in sewing and knitâ€" ting for British reliéf. The annual reâ€"organization of the _ United _ Brethren _ Sunday School was held on Sunday mornâ€" ing with the following officers beâ€" ing elected for the new year: supâ€" crintendent, L. H. Cassel; assistant, Norman Kaster; secretaryâ€"treasurâ€" er. Mary Kaster; assistant, Bert Chapman; pianist, Alice Hallman; assistant, Velma Bauer; chorister, F. E. Page; librarian, Robertgflalh man; asssitant, Weston Kaster; and members elected to the executive committee, Gordon B. Hallman und Ivan M. Hilborn. More than 25 young people of the Blenheim Mennonite Church pathered at the home of Mrs. Leâ€" ander Cressman on Saturday evenâ€" ing to bid farewell to one of their number, Gordon Snider, who has jfoined the RCAF. and will be leaving _ next _ month. _ Gordon Shantz gave a short address and the remainder of the evening was spent in playing games under the direction of Mrs. Clarence Cressâ€" man after which dainty refreshâ€" ments were served. Holiday visitors with Mr. and Mrs. Maurice Shupe were: Mrs. Gideon Reist and Harold Hallman of Toronto and Wesley Steckley of Stouffville. Mr. and Mrs. Eben Howling and sons, Raymond and Delfred visitâ€" ed with Mrs. Jacob Spies at Floraâ€" dale on Christmas Day. Mrs. Arthur Rogers of Aylmer is spending the holiday week with ker sister, Mrs. Harold Shantz and Mr. Shantz. Ptce. Ervin Seyler of Chatham visited with his brother, Adam Seyler and with Mr. and Mrs. E. K. Bock last week. the Christmas tree, telling the Christmas _ story _ which _ illusâ€" trated the tableau by characâ€" ters playing the parts of Mary, Joâ€" seph, the angels, shepherds and wise men. Airman Feted The annual distribution of prize books was made to the children at the Blenheim Mennonite Sunday School on Sunday morning. Mr. and Mrs. Norman Koch and Mr. and Mrs. Earl Morrow and son, David of Kitchener visited viith Mr. and Mrs. Anson Lang on the holiday. _ Rev. H. F. Schade read the scripture lesson and offered prayer os an introduction to the pageant, "The Holy Night" which was the concluding feature. The setting was laid in the living room of a home where mother, father and Sewing Groups In L. H. Cassel Heads Sunday School Carol singing was enjoyed durâ€" ing the Sunday evening service at St. James Lutheran Church. NEW DUNDEE (Chroukts Corrmprniest) about Mr. and Mrs. David McDonald and children, Cameron, Mary Jane and David visited at the home of Morton Hall at Pfattsville on the holiday. _ â€" s _ Christmas Day visitors with Mr. and Mrs. Adam Poll were: Mr. and Mrs. Victor Poll, the Misses Jean Licklacker and Helen Poll and Orâ€" ville Poll of Kitchener; Ward Snyâ€" der of Baden; Mr. and Mrs. Emery }I}adk(- and Ellery Hawes of Pine ill. Mr. and Mrs. Leighton Coleman, Mrs. Mabel Hoover and the Misses Arlene â€" Rosenberger â€" and _ Jean of Kitchener spent Christmas with their parents, Rev. and Mrs. S. S. Shantz. Mrs. William Berst of Plattsville is visiting with her daughter, Mrs. iarvey Einwachter and Mr. Einâ€" wachter. Mr. and Mrs. Roy Roth and son, Ronald, spent Christmas with Mr ond Mrs. Fred Poth. Mr. and Mrs. Rothan Hawthorn of Port Dalhousic were holiday visitors with Mr. and Mrs, Josiah Cassel and Mr. and Mrs, Ephraim Hallman. Miss Ada Bingeman and Titus Bingeman visited with Mr. and Mrs. Stanley Hilborn at Roseville on Christmas Day. â€" Mr. and Mrs. Harvey Dedels and son, Dennis of Elora visited with Mr. and Mrs. Elton Baer on Christâ€" mas Day. June and David Litwilier of Preston spent the weekâ€"end with theit grandmother, Mrs. A. Hilâ€" born. THE ROYAL BANK OF CANADA General Statement, 30th November, 1942 LIABILITIES Gold held in C‘n.;dls inta Sobfim coin n Canade Goid elsewhere _ Deposits by and balerices due to Dominion Governâ€" ment . Deposits by and balances due to Provincial Governâ€" ments Deposits by the pubWe not bearing interest Deposits by the public bearing interes. including Deposits by and balanccs due to other chastered Notes of the wh.nkhin ciu‘-:‘ahli:: â€" ances tters of credit outstand 4 mfn‘ to the pu.bln; not included ufiu the « foregoing heads . . Deposits with Bank of Canada Notes of other chartered banks Cheques on other banks Deposits with and belances due by other chartered banks in Canada â€" mi?i;.}&'. c;dMuv‘ correspondents elsewhere then in Canada ; s Balance of profits carried forwa:d as per Profit and Loss Account Dividends unciaimed Dividend No. 221 (at 65 , per annum:, paysble ETTE NB ATECE Deposits by and balances due to bunks and bahic correspondents in the United Kingdom a foreign countries Dominion and Provincial Covernment direct and guaranteed securities maturing within two years, not exceeding market value Ocher Dominion and Provincial Government direct and guaranteed securities, not exceeding murket value. . . ts Canadian municipal securities, not exceeding market value 4 Publicsecurities other than Canadian, not exceeding market value as Other bonds, debentures and stocks, not exceeding market value Call and short (not exceeding 30 days) loans in Canade on bonds, debentures, stocks and other securities of a sufficient marketable value to t‘all and short (not excerding 30 days) louns elseâ€" where than in Canada on bonds, debentures, stocks and other securities of aâ€" sufhcient marketable value to cover Current loans and discounts in Canada, not otherâ€" â€"_ wise included, estimated loss provided for . Loans to Provincial Governinents Loans to cities, towns, municipalities and school _ districts & â€" m » Current loans and discounts elsewhere thian in Canada, not otherwise included, estimated loss Bank premises, at not more than cost, less amounts written off 13,640,588.5 1 Real estate other than b-nlunemises news 1.260,492.03 Martzages on real ectate sold by the bank _ â€"_â€" #32.006.19 Nonâ€"current loans, estimated loss provided for per contra Shares of and loans to controlled companies Deposit with the Minister of Finance for the security of note eir l‘.uhr.-:;el of Profit and Loss Account, 29th November. 1 mc 4 Peofits for the year ended 30th November, 1942, after providing for Dominion Government taxes amounting to $2,014,166.80 (of which $34.751.74 is refund':{’h under the 'ptovuions of the Excess Profits Tex Act) and after making appropria~ riations to Contin;cpcy Reserves, out of which Reserves provision for all bad and doubtful debts has been made. ... ... Klon.r"' gages on real estate sold by the bank . . . . . . Limbilities of customers under acceptances and letters of credit as _ culation f OJther assets not included under the foregoing heads (but including refundable portion of Dominion Government taxes: Dividend Mo. 218 t 8. per annum Dividend g 299 at 8%, per annum Dividénd No, 220 at 8°%, per annum Dividend No. 221 at 6¢,, per annum Montreal, Canada, December 24, 194 Contribution to the Pension Fund Society Appropriation for Bank Premises .. Balance of Profit and Loss carried forward Montreal, December 24, 1942 M. W. WILSON, President and Managing Director M. W. WILSON, President and Managing Director osits by the public bearing inter interest accrued to date of u-uu:u APPROPRIATED AS FOLLOWS ment and bank notes other than Canadian coin held elsewhere 1942. .. ProFIT aAND Loss account ° AUDITORS‘ REPORT M A. BALLAXTYNE. €.A.. of Peat, Marwick, Mitchell & Cn M. OGDEN HASKELL C.A. AS S ET S of Haskell, Elderkin & Co Mr. and Mrs. Bort Chapman and son, Murray spent the holiday with Nir. and Mrs. William Witzel at Victoriaburg. George Sherk of Hamilton, Miss (â€"ladys Helfers of Kitchener and Lorne Schlueter of Waterloo spent Christmas Day with Mr. and Rfra. /lvin Sherk. Visitors with Mr. and Mrs. O. G. Stoltz on Christmas Day included: Mr. and Mrs. A. K. Crossman, Mr. ond Mrs. Garfield Cressman and daughter, Betty and Mr. and Mrs. solhn Shannon of Waterloo; Miss Greta Stoltz of Galt; and Ward Cressman of Toronto The Misses Violet Herber of St. Catharines and Reta Herber of Toâ€" ronto were holiday visitors with their parents, Mr. and Mrs. Geo. Coleman. Guests ‘at the home of Mrs. Geo. Hallman on Christmas Day includâ€" ed: Mr. and Mrs. Arthur Hallman and daughter, Bernice, and Mrs. Donald McArter of Galt; Mr. and Nrs. Anson Hallman and daughter, sean and Lyle Hallman of Kitchâ€" ener; Mr. and Mrs. Ivan Schicdel and sons, Cameron and Richard, Mr. and Mrs. Clarence Shantz and doughter. Margaret, Mrs. Willard Kinzie and Miss Eunice Snider of Preston. Mr. and Mrs: Ephraim High and Miss Irene Sherk visited at the home of Mrs. William Sherk near Ayr on the holiday. Lcover of Kitchener visited with Mr. and Mrs. Eli Rosenberger on the holiday. j Ist $ 20,000.000.00 $144,192,823.59 3 23,259,198 .23 58 8eJ.5% $ 58.908.754.34 $ 3.209,074.84 $ 2,625,000.00 315,000.00 400,000.00 3,259,198.23 $255.148,401.76 1,770,548.28 17.392.485.40 $70,594.382.44 425.973,022.55 17.047.534.01 | $14.953.70 31.661.337.17 31.771.73 1.705.785.63 30.157,050.75 71,527,152.34 65,719.393.96 59,276.982.71 1.187, 236.3 15.961 ,150.64 3. 289. 198 23 3,390,123.39 + 10.944.55 $25,000.00 700,000.00 700,000.00 700,000.00 525,000.00 S. G. DOBSON, 2.123.87 General Manager General Manager 1,181,217,192.§4 «& 1§,271,281.63 31,156,4.11 .65 $ 137,254,201.11 $ _ 35,000,000.00 $ â€" 56.843,0t.82 2,}27,979.28 31,291,015,946.85 $ 906,440,239.5.4 $ _ 6,599.198 23 $ _ 6.563,198.23 $1,291,615,946.85 319,318,682.00 124,630,272.17 200,482.66.3.08 333,344,320.22 23.843,061 .82 ANuditors 33,140,596.97 52,872,120.67 23,523.562.79 31,156.431.68 3,160,.842.94 $.950,639.06 6,207,499.08 1,110,000.00 662.025.75