Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 3 Dec 1959, p. 10

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C * + ts tWe c s § A woro To ThE WiIVES ¢ A smaill, very slightly damp WHAT THE Bof M HAS TO MEET ITS OBLIGATIONS: CASN-.'l‘he‘Botha:mhiniuvaMuman ;ondepositwithtbeBankotCanadamdothu banks amounting to . . . > > > + CHEQUES and other items in transit â€" representing the net amount of the moneys moving between branches of the Bank and into the B of M from INVESTMENTS: The Bof M maintains a strong liquid position through investments in highâ€"grade government bonds which have a ready market. Listed on the Bank‘s books at amortized value, they amount to . . . . + > ; < c $ The B of M has other investments â€" including a diversified list of highâ€"quality shortâ€"term issues. ‘These investments are carried at . . . . CALL LOANS: The B of M has call loans which are fully protected by quickly saleable securities. These loans amount to . . . . .0 â€" > QuICKLY AYAILABLE RESOURCES: The resources listed above cover 51.6% of all that the Bank owes to the public. These "quick assets" amount LOANS: During the year, many millions of dollars have been lent to business and industrial enterâ€" prises for production of every kind â€" to farmers, fishermen, vilmen, miners, lumbermen and ranchers â€" to citizens in all walks of life, and to Provincial and Municipal Governments and School Districts. These loans amount to . . . MORTGAGES and hypothecs insured under the National Housing Act, 1954 â€"representing adâ€" vances to homebuilders | . . . . > > BANK BUILDINGS: In hamlets, villages, towns and large cities from coast to coast the B of M serves its customers at 800 offices The value of the buildings owned by the Bank, together with furâ€" niture and equipment, is shown on its books at OTHER ASSETS: These chiefly represent liabilities of customers for commitments made by the Bank on their behaif, covering foreign and domestic trade transactions . . . . > +002 s TOTAL RESOURCES WMICH THE B of M OBLIGATIONS 3 s s % * vincgE ALVIANO | X | i3 A UEIR P.U.C. g ; ened new _ coumions -â€"w‘vâ€"'- â€" 4 of your | greens | piaced in the crisper of your| greens REâ€"ELECT FR A NK WATERLOO ___â€"â€"_ Y c £E FIGUR THE EACTS BEAINP 3" Es $ 302.015,952 $1,578,355,278 . 680,591,333 TOTAL OF WMHAT THE BofM OWES ITS DEPOSITORS AND * OTMERE . 2. .. 0.; .k k + + + + t oc t TO PAY ALL IT OWES, THE B of M HAS TOTAL RESOURCES, AS « 205,646,321 SHOWN ON TME LEFT SIDE OF THIS STATEMENT, AMOUNTâ€" MIG TO . l . . k + e +0 + t t 0t WHICH MEANS THAT THE B of M HAS RESOURCES, OVER AND 192,284,785 ABOVE WHAT IT.OWES, AMOUNTING TO . . «& + > $3,259,693,572 torers, merchants, farmers and people in every $02,015,952 type of business have substantial deposits with the Bof M, well over half of the money on depositwiththenankiltheperwmlsavh'gsqf * 4“‘“.‘ + & & & & » » » 197,816,881 OTHER LIABHITIES: Miscellaneous items, representâ€" > int mainivy commitments undertaken by the Bank 1,353,187,079 227,153,276 47,009,972 53,987,967 by WMHAT THE B of M OWES TO OTHERS: DEPOSITS: While many business firms, domestic trade transactions | . . . Banm or MoNnNTREAL ‘This figure of $201,350,731 is made up of money subscribed by the shareholders and, to some extent, of earnings which have from time to time been ploughed back into the business to broaden the iBank‘s servicés and to give added protection for the depositors. mmmwfl"‘"‘mm'm loo Memorial llocpit{l here. Grade 10, 11 and 12 students will be conducted through the school of nursing where "Judy" the model patient, will be givâ€" en a bed bath, an intravenous | infusion, have suction applied as in postâ€"operative ~care, hbe lifted by a hydraulic lift in stead of the old heaveâ€"ho methâ€" od, and have her appendjx reâ€" moved, all in the way it would be done to a real patient. Waterloo Branch, Cor. KlngNGIszb Screets: MICHAEL TOWNSEND, Manager at South Waterâ€" m \‘\‘ v ” ' -. gs of o total The experiment in explainâ€" ing the nursing career is beâ€" ing conducted in 61 training A bit of imagination and a $2,998,208,008 $3,058,342,841 $ 201,350,731 3,259,693,572 60,134,833 1817

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