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Keep the Canadian Dollar Working in Canada for Canadians The improved financial showing of the Canadian National Railways for the months of August and September has received general and favourable comment in the Press throughout the country. It will be of interest to the public to see in graphic manner the monthly advances made since the be- ginning of the year. The accompanying chart shows that operating expenses, as indicated by the upper line on the chart, were brought down, month by month, and Astounding Advances Made in Recent Months are Most Gratifying Our National Railways Show Brighter Prospects From Canadian National Railways Publicity Department, Toronto November 2lst, 1921. l0,000,000 l2.000.000 I I, 000,000 |5_000.000 I4.000.000 5.000.000 CHART SHOWING GROSS EARNINGS AND OPERATING EXPENSES IN 192! AND THE CHANGE FROM DEFICITS T0 NET EARNINGS IN AUGUST AND SEPTEMBER 8,900,000 B, 000.000 DO LU ARS N.B.tHE DorrE> ElTENSIONS or Tu: LINE: INDICATE urn-Mun: NET “was“ or OVER one. MILLUON DOLLAns son THE Mou‘ru or acumen. CANADIAN NATIONAL RAILWAYS E’s sf?.. RV, jlllliilLliil0T0RS TIMES AND GT that they drew gradually towards a meeting with the lower line, which in- dicates the gross earnings. In Aug- ust, the lines met and crossed, show- ing a small margin to the good for that month. In September the wid- ening gap between the lines indicates net earnings of more than half a mil- lion dollars. The trend of the "sweeps" or "curves," as they are sometimes termed, predict a much better showing in October. Those who were in close touch with VOTE, IDE, WESTON A feature of the situation. which constituted a great difficulty enc0un- tered by the management in their endeavours to wipe out the deficit that earnings dropped after February; that month's gross is usually the low- est in any Year, and, commencing with March, gross earnings invariably im- prove; but during the present year a. new condition prevailed; the earnings' in the months of April, May and June were lower than those in the months of January and February. This slump in business was general, and affected all lines. If the usual trend ot earn- ings had been followed, the operat- ing economies effected would have brought the lines together at an earlier date. The chart also shows that the greater reductions in operating ex- penses were obtained prior to July; this should dispose of the view that the reduction in expenses was largely brought about by the readjustment of wages, effective July 16th. The Canadian National Railways, earlier in the year, informed the people of Canada, by a series of frank, explicit articles in the. public press, of some of its problems, and in parti- cular, of the pressing need of more traffic. The improvement in the rela- tive position of the National lines has been accomplished, not only by the reductions of operating costs, but, al- so, through the co-operation of the public that realized the truth of the statements made on the National Railways behalf. and who have met the situation in a practical way. the situation, and who knew what was being done to bring about operating economies. could see, well in advance that a continuation of these measures, with the usual increases in volume of traffic. would bring the lines to- gether, and that with the seasonal crop movement, they should cross. It was hardly expected that the month of August would show net earnings, but reductions in the costs of mater- ials and supplies, coupled with the readjustment of wages. and the in- crease in gross earnings, were factors which, combined, enabled the man- agement to produce a small balance on the right side for August. The crop movement in September was sufficient to enable the much bet- ter showing made in that month. ELECTION DAY DEC. 6th Monday Night, Dec. s LONG BRANCH on Lake Shore Bit Auditorium of Long Branch School LetUs Do Your Job Printing The Bank of Nova Scotia Paid-up Capital , 9,700,000 Reserve _ .. 18.000.000 Resources - 250.000.000 How to open. a Savings Account ESTABLISHED I832 The five minutes you take to open a' savings account may be the turning point in your career. It has been for many others. When you wish to deposit more money, and it is not convenient to do so personally you can send it in by a member of your family, or a neighbor, along with your pass book. You can open a savings account in The Bank of Nova Scotia with a small deposit. All you need do is to bring your money to the teller and sign your name on a card. The ledger-keeper then gives you" a pass book, which is your receipt. It takes less than five minutes. A. E. MELLISH Manager WESTON ou R (IANDIDATH PAGE SEVEN 54