Ontario Community Newspapers

Russell Leader, 13 Jan 1938, p. 2

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aT le ~ ARE YOU | WASTING MONEY ON INSIPID Save the coupons in Lipton's packages. They'll bring you exquisite Wm. Rogers & Son Silverplate Gifts. Write now for Premium List, to Thos. J. Lipton Limited, 43 Front St. East, Toronto. RED LABEL. . 33c X4ib. «Change to Lipton's" . ..a simple thing to do ...but it will be a revelation to you in more satisfying, more sustaining tea enjoy- ment. For Lipton's is never insipid . . . even though you brew it weak. Its rich, full-bodied flavour is concentrated in every leaf...in every cup of tea you make ... you a fragrant, refreshing beverage appreciate more every time you taste it. LIPTON'S Is more economical--goes farther. It's the largest selling tea in "LIPT CHull- Favoured TEA giving you'll ORANGE . . . 35c 1b. YELLOW , . « 40c Xb. e world. 1] OICE ER of the Ere THE WORLD AT LARGE CANADA THE EMPIRE PRESS - CANADA BJomekody's Doing It China's casualties have passed the fllion mark. Even Japan should be | repared to admit that this indicates | at somebody is at war.--Financial ' ~ ad Sia Training In Taste Music i§ being taught in 128 class- | rooms in the rural schools of this dis- { collective mind about the 1938 auto- trict. In spite of that fact we imagine | that many of the pupils still continue to tune in Cab Calloway.--Peterbor- ough Examiner. Those Markers! Science has now changed its mind about tha atom. Is it, in these circum- stances, too much to hope that the Ontario Government can change its mobile markers?--Toronto Globe .and | Mail. Four Eclipses Come In 1938 Canadians Will See Three Partial Shadowings of Sun In Year Again in 1938 scientists will have to venture into remote areas of the world to study phenomena attendant upon a total eclipse of the sun. Last year investigators journeyed to Peru- vian mountain tops and mid-Pacific islets to gaze on the only total solar eclipse. In 1938 the suns lone total shad- owing occurs May 29, and will be vis- ible only in the extreme southern por- tion of the Atlantic Ocean. This is | one of four eclipses during the year. Two total lunar eclipses are visible May 14 and November 7. The remain- ing one is a partial shadowing of the sun on November 21. Must Get Up Early Canadians can witness the last three, but they will have to rise early to see the May 14 lunar show. Its period of greatest totality is at 3 a.m. The other lunar eclipse takes place at five o'clock in the afternoon, when the brightness of the sun may hide it. British Columbia is the only part J of Cariada privileged to witness the ; partial eclipse of the sun, November 21. Most of the west coast of North | America will be able to view the spec- tacle, Royal Bank of Canada Reports Gecod Year Total Assets $869,538,000 up $14,000,000 -- Deposits Increased $10,000,000 -- Liabilities to the Public--Increased Profits Shown Liquid Assets 65.53% of The Annual Balance Sheet of The Royal Bank of Canada made public shows a moderate growth in deposits and total assets and a; strong liquid position. Total de- posits amount to $756,089,696 and; are higher than- at any period in the bank's history, with the single exception of 4929. Commercial Loans Increase Current Loans in Canada, includ- ing loans to Municipalities and Provincial Governments, amount to $200,563,727, an increase of approxi- mately $12,765,000 as compared with the previous year. Current Loans outside of Canada amounting to $101,147,198 are approximately $4,000,000 lower than last year. Coming as it does after a steady de-] cline sin current loans over a period of seven years, the reversal in the trend of commercial loans is en- couraging. As might be expected fn view of the present stock mar- ket situation, Call Loans both 'in Canada and abroad have been sub- stantially reduced. Call Loans in, Canada amount to $19,392,906, a re-' duction of approximately $6,700,000. Call Loans abroad amount to $10, 070,583, a reduction: of $4,500,000. Strong Liquid Position The liquid position is strong, to- tal readily realizable assets being $514,671,335. Of this amount $168,- 638,928 is represented by cash on hand or on deposit with the Bank $245,606,374 is represented by Do- minion and Provincial Government securities, Public securities other than Canadian amounting to $26, 927,482 show an increase of $13, 937,353. This increase is under- stood to be represented in United States and British Government se- curities. Total investments amount to $316,568,917, an increase of $23, 398,096 from the previous year and a new high record in the history of the bank. Total liquid assets are 65.539 of liabilities to tire public, which of course, is a reflection of present conditions rather than of deliberate policy. No doubt the bank would have been glad to have replaced a considerable proportion of its investments by commercial loans. Profits Higher . Net profits for the year are shown at $3,711,389 and compared with 1936 indicate an improvement of $207,138. Dividends paid absorbed $2,800,000. The usual appropriation of $200,000 was made for Bank Pre- mises but the contribution to the Pension Fund Society was increas- ed to $300,000 as compared with the formar appropriation of $200,000. Balance of Profit and Loss Account carried forward totals $2,325,176, an increase of $411,380. The Annual General Meeting of the Shareholders will be held at the of Canada and other banks, while Head Office of the bank at 11 am. on January HES M-rder, Not War Var, says Vitterlo Musgolini--""war - is the quintessence of beauty" What that young megalo-maniac doesn't mow about war would fill the archives in Rome. To ride safely thotsands of feet in the air and rain bombs on help- less natives is not war; at most -- and at best--it is cold-blooded murder. --Halifax Herald. A An Important Selection Parents should take enough interest in the public school to at least attend the annual meeting and vote for the election of a trustee whom they be- lieve hassthe interest of the pupils at heart rather than the saving of a few pennies to the ratepayers. The years spent in school are very important in the lives of the boys and girls.--Far- mer's Advocate. THE EMPIRE Solitude Wanted! Did many readers notice a small ad- yertjsement in The Argus recently in- viting intellectual and refined people to form a colony on a South Sea is- land? Apparently many did, for the advertiser has received more than 250 replies from those seeking solitude-- vertiser, who produced his credentials, is a member of the Royal Australian Air Force, perfectly sincere in his in- tention to form an ideal social centre, "to eliminate hatred and poverty and fear" In his Utopia he promises wild horses and cattle, cascading streams, tropical fruits, and no tax collectors or other pestilences. It is not true that of the replies already received to this alluring advertisemént nearly all came from politicians and bookmakers seeking surcease from turmoil. They came from ordinary simple folk who are tired of this civilization, and who cannot stand the noise of the trams in Elizabeth street any longer. -- Mel- bourne Argus. In Soviet Russia, more than 43 per cent. of the entire present population was born since the revolution in 1917. A--C provided it is not too lonely. The ad- | Mysterious Fish Suicides. Solved Scieatists Say Polar Schools Were Forced Into Warm Waters Mass suicides of fish, a mystery that has been baffling maritime lead- ers and scientists of South Africa for vears, have been explained. Hot and cold ocean currents are held to be respcusible. Tens cf millions of dead fish float- ing on the surface of the South At- lantic recently have forced many | steamers to change their courses. The research ship Discovery has just issued a statement, made public in Johannesburg, that the "fish sui- cides" have also been seen along South America and that they were caused by the finny swimmers, accus- tomed to cold water, being forced by shifting South Pole currents to death- dealing warm water along the coasts. FROM TORONTO N.HL. HOCKEY PLAYERS Interviewed on NETWORK PROGRAM Listento Wes McNight inter- view your favorite National Hockey League Players over: Toronto CFRB London CFPL . Hamilton CKOC Chatham CFCO Kingston CFRC North Bay CFCH Brantford CKPC Sudbury CKSO Kitchener CKCR Sault Ste Marie CJIC Stratford CJCS Kirkland Lake CJKL Wingham CKNX Timmins-CKGB St. Catharines CKTB EVERY SATURDAY NIGHT 7.00 P.M. by the "All Star" Energy Food BEE HIVE GOLDEN CORN SYRUP Commentary on the FAST PACE -- In the old days, so they tell us, history moved more slow- ly, at such a leisurely rate, in fact, that people could sit back and specu- fate a while about each event after it happened. In these times we are al- lowed no such privilege. Terrifying things occur in a great many parts of the world simultaneously, nation-wide movements surge up and threaten to engulf us whenever we pause to take thought. Dr. Alexis Carrel, world-fam- ed medical scientist, says the reason for this state of affairs is that man's control over matter and over his own mind has not kept pace with the me- chanization of the age. Machines have gone ahead. Man has stayed behind until now things are happening too swiftly for him. Where does it all end? If we wish to turn aside the sure and fearful fate awaiting our present-day civilization, we shall have to become once more, masters of our own destinies. REST IS BEST -- The best way to fight a cold, either bad or indifferent, is to stay at home and go to bed, says the Toronto M, O. H., Dr. Gordon P. Jackson. Rest is the most important thing, if you want to stop short of in- fluenza or pneumonia. Incidentally, your staying home will help your fel- low-workers to avoid infection, A NEW SPIRIT -- There's some- thing going on in Canada which belies the separatist attitude shown by the Premiers of Ontario and Quebec, and that is, according to John W. Dafoe, editor of the Win- nipeg Free Press, "a national in- tegration, the extent and strength of which is not yet known." Following this strengthening of the popular will, he continued, it will be found that the Highlights cf the Week's News . . by Peter Randal country called Canada is a real coun- try, and that the name "Canadian". borne by its people is not a term mere- ly of convenience. Haven't you noticed it, too, this new spirit which has just begun to be felt within the past year or so, the last couple of months? A great many fac- tors are contributing to its growth, not the least of which is the deplors., able state of affairs in many foreign countries. By contrast we feel our- selves extremely lucky, draw d¢loser to to one another within our own bord- ers, are prouder to call ourselves "Ca' nadians." : Editor Dafoe expresses the hope that our whole Canadian system may be strengthened and vitalized by the! new spirit instead of torn asunder by! sectionalist agitation in this and that part of the country. There are three times as many parts in a piano as in an automabile. Women are being taught to run farm tractors in Soviet Uzbekistan, wey ¥ LISTEN... wi OG CANADA-1938,4 IMPERIAL TOBACCO'S INSPIRING PROGRAM Every Friday Night on a National . Coast-To-Coast Network CHAPLEAU ECHO BAY BRUCE MINES SOUTHAMPTON PORT ELGIN DRESDEN APPIN ALVINSTON THAMESVILLE HIGHGATE BLENHEIM WHEATLEY KINGSVILLE THESSALON WEBBWQQD ; BLIND RIVER ESPANOLA / MASSEY TAVISTOCK PLATTSVILLE BELMONT SMITHVILLE RINCE TON NORWICH BURFORD RODNEY GLENCOE P ace <x POWASS AN SOUTH RIVER PARRY SOUND al GRAVENHURST OWEN S0UND (REEMORE =) Z ) BEAVERTON vei 0cK Twice each week day The Toronto Daily Star broadcasts news over the Canadian Broadcasting Corporation's new high-powered station CBL, - Toronto. Mornings--8 to 8:15 A.M. Evenings--6:15 to 6:30 P.M. --on one of the highest-powered stations in all Canada--?50,000 watts --covering practically all Ontario--on an air-channel free of all interference-- clear as a bell. Get your news Red Hot--news from all the world--brought to you with the imr-nse facilities of Canada's Greatest Newspaper. COBOEN CARP RUSSELL LANARK J MINDEN WOOQDVILLE FENLON FALLS BANCROFT EMBRO ANCASTER MERRITTON RAGERS VILL JARVI LAN" CANNINGTON MARMORA PAISLEY J FLESHERTON (QOKSTOWN if SUNDERLAND LAKEFIELD RMOR. Mikoway ff TUCKNOW DURKAM BEE TON A) STOUFFVILLE CAMPBELLFORD +8 FORDWICH BRADFORD XJ] NORWOOD ESWATER GRAND VALLEY Do xar opr PERRY OESERON ZURICH HARRISTON TOTTENHAM BOLTON \'f IDGE ORONO PALMERSTON ATHUR go, MARKHAM BLYTH ELORA STREETSVIUE ZF MILVERTON EL Win SPARK MONKTON New HAMBURG HILL LUCAN AYR SHAWVILLE Vv "BUCKINGHAM HAWKESBURY ALEXANDRIA MORRIS... MERRICKVILLE - Qe 1]

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