Ontario Community Newspapers

Oshawa Daily Times, 30 May 1930, p. 7

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THE OSHAWA DAILY TIMES, FRIDAY, MAY 30, 1930 PAGE SEVEN w 'Produce Exchanges Half Yearly Statement HIP Bank of Montreal 'Makes Strong Exhibit $822,809,648--Liquid Assets Are Over 1 Pet Cant. of Been Liabilities to Public Capital Has Total Assets Are. The half-yearly statement of the Bank of Montreal, makes a most interesting and reassuring exhibit, As is well-known, all financial and banking institutions, with business in general, have had to face during the past six months the unusual conditions subsequent to the stock propriated as follows: amount .credited to rest up to $4,530,059, This whi ap- Dividends and interest 'on instalments pay. ments on new stock $2,167,686; acgount $61,469; provision for taxes Dom- inion Government $229,079; reser- vaton for bank premises $600,000; oall; Joan: departwient. Cail 11] in Canada are down to $27,460,865 from $30,560,770, and call loans States have been reduced to $68 - 028,615 from $139,974,369. banks and banking correspondents -olsewhere than In Ca which to a great extent represented de- posits temporarily placed. on this side due to higher loan rates---are 597,167. Total deposits are now $688, 067,762, Of this amount deposits hearing interest are $645,856,287 and deposits not bearing interest $130,418,087. The statement, with. its many features of strength, could hardly make its appearance at § mone op- portune time, and His seeount the leading finaneld] centres of the world, will undoubtedly, welcome the opportunity of seelug how fully this nation-wide Institution has taken care of a situation involving in Great Britain and the United | At 1 now down to $9,660,804 from $36, || WNW YOK WOK Quotations Suppliea sy Mh Grbighd tye Daitogis deans. Close 20 bo 19 62 ny 26 114; 4 20% 7 26% Block High Br, A, Ol 20 Brag, Cockshutt Cty. Dry, Dis, Sgrm, Dm, Stra, Hr, Wal, Int, UL, Int. Pat, Ind. Aleh. Low market crash, hut it is evident from its statement that the Bank of Montreal has been able to main. tain its usual strong cash and lig- uid position and, in addition, to re- port satisfactory profits made for shareholders, The general statement, which is for the six months to April 30th, shows a number of changes. The paid-up capital now stands at $36, 000,000, up from $34,648,760 » year ago, while the Rest has been Increased to $38,000,000 from $35, 648,760, and is two million dollars shove the paid-up capital, Increased Profits 1t is likely due to the larger capi- tal employed that the Bank has been able to report to shareholders slightly, increased profits fog the Bix months, as compared wit corresponding Hod last yet, Profits amounted to $3,648,017, up [rom $8,401,651, There were also received in six months payments of the | Wheat situation; it is also known leaving the balance of profit and loss to be carried forward at $1, 281,033 In the general statement of as- sots and labilities, total assets are shown at $822,690,648, compared with $815,705,668, a year ago, Of $373,450,290, equivalent to 51,08 pe recent. of lHabilities to tha pub- He, Included in them are cash holdings of $04,421,408, equal to 12.00 per cent. of public Habilftied, Current Loans Higher At the same time thore 1s a some-, what unexpected Increase in cur- rent loans and discounts in Canada and these now are reported at $335,300,104, up from $314,464, 187. While a portion of this In crease may be attributed to the that thera is an Increased tendency on the part of large customers to avail thomselves of banking accom modation, many unusual conditions, WINNIPEG GRAIN Winnipeg, May 30--Wheat pric folled 1dly at levels of yesterday's cfose when the Winnipeg Grain Market this, lquid asets are reported ar |auietest to-day experienced No advices of any color we observed at the start. So ---------------- po WINNIPEG GRAIN OPENING Winnipeg, May S0--Whoat, May unchanged at 1,11 8-8; July 1-4 lower to unchanged to 1.12 1-3 t October unchanged at 1.16, Oats, May unchanged at 60%, Joly unchanged at 3 higher at 47%. 8%: 60%, October -------------------------- PARAGON OIL IS the opening In weeks, May and October were unchanged at $1.- 11 2-8, and $1.15 while July was unchanged to % lower at $1, 12% to 1-2, Imp. Oil Lob, "A" Ms, Hr. 4 Mt, Pwr, 120% Shaw, 74% #5. Station 46 14% 86% 126% 4% 40 267 80 60 700 900 480 650 100 1000 4% 2300 2900 200 2606 700 215 287 85 60 700 250 1 60 675 900 46h G45 Ajax Amulet Big Mis, Ch. Res. De, Mns, 900 Falcon, 380 Holl. ,. 650 Hy, Gold 1Q0 100 Wd. Bay 1000 975 Kt, Pir, 4% 4 Lk: 8h, 2300 2500 Nrada, 2900 2890 8h, Grd, 205 197 8d, Bs, 275 200 Th, Hg." 700 685 Wr, Hrg. 210 210 true of the futures which developed a firmer tone and registered some slight gains but volume of business transacted was small, Values on the spot butter market held with out meterial change this mormng, Market generally steady and excep- tionally quiet, On the future call attention was centred largely 'on the Novembery which opened about unchanged but rallied quickly to a new high on the present upturn, Open. commitments--May oggs, 1; November eggs, 1,273; May but. ter, 1; June butter, b; November butter, 790. . Two markets receipts Butter today, 29.888 last Year' holiday, Eggs today, 63.7417 last year, holl- re patrols religiously. Dundas Street, past Mrs, Kyles house, over to Reynold's street, and up as far as what we call the Kelly place and back hore, "Any time between 10 o'clock at night and three in the morning you can see him making his rounds, The reason he goes past the Kyle's place is because we 'pastured our Jersey Cow there last summer and ever since he has made that property past of his rounds, If there is any dis- turbance about the grounds at night, Husky' just: let's out' two barks and he's away to sce what's the matter," The jersey cow, Blossom, and Hus. ky are great friends, To prove He goes down a CITY DAIRY ONLY ACTIVE ISSUE Toronto Stock Exchange Al- most Lifeless This Morning Toronto, May 30~Toronto Stock Exchange market was a liteless affair this morning. City Dairy was the only stock in' which activity was cvident, Demand increased in the second hour and the price juniped spectacularly to 64, nearly 6 points above the close last night, Later trading stowed and the price cased back part way though still 1etalning a net gain of some three points or more, The turnover in City Dairy up until midday was greater than that of all' other stocks on the listed section combined, International Nickel had only one sale 'the first two hours, Brazilian some half dbzen transactions, With cach the price was firm but changes ong way or the other meant nothing, Massey-Harrls' was better above 35, Ford eased "mder 36. Walkers was unchanged, The oils did bothing. AJAX AND NORDON REACH NEW HIGHS Trading on Mining Market Sketchy Except for Oils Toronto, May 30~Except among the active oil issues, trading interest on the mining market during the early period today was of a sketchy character, only a relatively few min. ing stocks showing changes at noon from last night's closing levels, The opening was brisk but turnover dried up as the effect of the lack of inter- change business became noticeable. #hiax Oil and Nordon climbed into new high territory, the former stand ing at midday at $265 for a gain of 18 and the latter, after touching $2.22 in early sales, at $2.14 up & Chemical Research continued in good demand, h advancing 35 to $7.10. Cal- mont was, slightly easier and the ba- lance of the oils practically at a standstijl, Base: Metal stocks displayed only minor movements, Nickel sold up 1-8 Notwuda 10 and Hudson Bay 20, while Abana and Arno advanced a couple each to 85 and 89, respective- ly and Newhee a fraction to 16 1-2, Return to Quebec The work of repatriation of French-Canadian families from the New England States and other parts of the US, to Quebec and other ety of Canada, is proceeding rapid. 4 Already this year some 119 fami- lies have been repatriated, of whom 97 families settled in their: former province of Quebec, These families brought a total capital with them of approximately $125,600.00 my f) 1 jn the SM% Cont = ALEXANDER Murray~ IE ls ed BANK OF MONTREAL Established 1817 oA presentation, in easily understandable form, of the Bank's SE -- ay SEMI-ANNUAL STATEMENT 30th April, 1930 his point, Mr, Hough brought out the cow and to the delight of several schagl children, the pair exchanged a friendly kiss, A cat named' Blackie and the dog get along well, too, al- though they do have the odd cat and dog quarrel once in a while, When Blackie had her first batch of kittens Husky was all excited and as soon as he discovered the new arrivals, promptly carried thém in his mouth to the 'house. Depositing them on the kitchen floor, he looked up at his mistress with a knowing nod as if to sa Did vou know about this? Mr. Hon was a trainer of sheep dogs in Wales before coming to Can- ada and has spent some of his spare time teaching Husky, SOLD TO MELLON | Ft Cincinat!, May 30.--A $10,000, 000 oil merger deal has been com- pleted here, E, W, Edwards, Prosi. dent of the Paragon Oil Company, announcing that his company had been sold to the Mellon interests at Pittsburg for that amount, rectors. of the Parsgon Com- pany accepted an offer made by the Union Trust Company, Piits- burg, Edwards sald. All that re- mains to finish the transfer ig ap- proval of stockholders, and KEd- wards said that will be accomplish. ed on June 24, cost ---------- TORONTO GRAIN QUOTATIONS Grain dealers on the Tor Board of Trade are making following quatations for ear lots: Mahitobs whea 0. 1 north. ern $1,167 No, 2 i 14; No, 8 do., $1.11%: No. 4, $3.08; No. §, $1.01; No. §, 8 i leedy T4e. (odf. Goderich and A port Manitobaa Rm, 1 feed, B2ie; No, 2 do, American corn--No. 2 yellow 02¢: No. 3 do, 900, Millteed, delivered' Montreal frolghts, bags included==Bran, per ton, $80.25; shorts, per ton, $82. 26; middlings $385.25. Ontario grain--Wheat, $1.10; d4¢c, to 46e; barley, B0c, to Bic: rye, nominal; buckwheat, 80c, An was to be expected, with the change in the general credit sit- uation. throughout the world, the most important variations are In rn ------_ $61,459 as Ee hn on don wtoek, These tg hen od to the balance 'ear oPaaded brou, the total available for distribut Chicago spot market Butter, oxtras, 41% ¢;: standards, 31 %¢: tone stendy. Eggs, graded firsts, 20 to 204c; tone steady: New York spot market--Butter, extras, 32 %¢; no tone, Eggs. firsts, 23 to 28§¢; tono steady. | PARENT Sr NO STOCK MARKETS OPEN TOMORROW Toronto, May 30.» Tt was officially announced yesterday that the Stand ard Stock and Mining Exchange, 'as well an the Toronto Stock Exchange would be closed on May 31 and June 3. The Montreal markets will also be closed on those dates, The United States markets are closed today, to- morrow and Monday. DOG CHAPERONES CHICKS AND COW Oakville Pup Kisses His . Bovine Friend When They Meet Qakville.~Rin Tin Tin, the famous dog of the mavies, has an understudy right here in Oakville; While Husky a German police dog, owned by Ly- man Root of Dundas Street has nev- er been in the niovies and probably has no ambitions in that direction, he has a store of stunts. up his sleeve just as unusual, in a way as those performed by the movie dog. LIABILITIES LIABILITIES TO THE PUBLIC th . . » . » * Payable on demand and afer notice. Notes of the Bank in Circulation « Payable on demand. BE Letters of Credit \ PARROT DISEASE | Titania seers Siviokts to bee) fof gem fo - IS NOT A NEW ONE| || Other Lisbitides ide a - San tems not come fopping beading niin J Sondon. AR aithority on Ste yy Prance fs fiom the jet. caused owners of parrots more | Total Liabilities to the Public 0 AnKisty, declares that the discase is Nin he past Wis bees aitributed LIABILITIES TO THE SHAREHOLDERS and ad Undivided Profits \ Copa Sur h Surplus . " 76,370,991,11 This amount 1s Dividends shareholders' interest in -" Bank, over precedence # 688,067,754.78 38,473,147.00 ~~ 10,941,971.37 8,745,783.97 § 746,228,657.12 la group," says the specialist, "This is a group of many of the organisms responsible for various diseases of animals and birds, as well as paraty- phoid fever. But although this or ganism is sometimes inolated in cases of psittacosis, it is not definitely es. tablished as the real causative agent, and some bacteriologists suspect that the disease is due to a.filterablg vir- us, which would add it to the long lists containing such common diseas- cs, such as, mcasels, scarlet fever and smallpox, "It would appear that the parrot owner need not fear a sudden out. | to a germ enlled Bacterium psittac- | asis, wh dch belongs to the Salmonel- | mr which liabilities to the public take Tota! Liabilities + 4 + Seventh Annual All Expense Tour ol a y pr kk A hi All Expense Rate oh ii TORONTO hy Sl ntl | Or het etait or CAR and pte Yeglons Bond, Lake Rockies kiss itn th r Eanint, fhweta ont = iiveband Vietoria,, , west by one highway «oo CASE * " * Over ser Canada's Scenié Route RESOURCES To meet the foregoing Liabilities the Bank has Cash in its Vaults and in the Central Gold Reserves Notes of and Cheques on Other Banks B Payable in cash on presentation, Money on Deposit with Other Banks I ---- ° § 822,599,648.23 we CHICAGO PRODUCE FETURES Chicago, May 29.-~8pot egg mar ket conditions while showing some improvement, were not. sufficiently better to justify any degree this morning, Trading is quiet, opera- tons in general evidencing a desire to leave well enough alone until after the holiday, Much the same is # 94,421,408.82 43,507,317.11 a pug Dean Siethalr Laird. Macdonald College 7.0. Oue., or M. R, JOI'NSON, C.P.A, CPR. 11 King Street East Oshawa . . . 13,448,298.39 Chaperone to a flock of chickens, footballer, guardian of three homes, we | 3 ng: y Check your brakes carefully before you aY,. 'You may have to depend on 3 them, and they may il you. were 10 the injury of yourself or others, headlights do not glare. The Night Patrol © Police may stop you and issue a summons. ts are the terror of night driving. Show courtesy to others on the road. Use your etore's you take it on the road sefise iri deciding where, how, and at Shem iE \CARE M4 \ COURTE ESy 4 CcoMMoN start out on the what speed you a playmate of «4 jersey cow and saver of the life of a fellow. canine, this dog, less than two years old, has led a varied life, 'When a reporter call. (| ed at the Root home recently, Wm, Hough; thé gardener, turned a flock of chickens loose in the garden to allow the dog to demonstrate his abil- ity in rounding them up and keeping them within bounds... Husky quietly drove the fowl into a corner and then gradundly' worked: themt! arétind' the ped yatil' they reached She gat: of the hound? Bl ' Picks up Chick But two of their numbers suddenly changed their'minds 'as they reache: the gate, and made a dash for liberty, This way just what Husky was wait. ing for, and with. a quick leap he overtook one. of the miscreants, Picking the chicken up in his mouth the dog deposited it safely inside the pen. Once around the pen with the dog in hot pursuit, convinced the oth- er chicken, that it was safer inside the enclosure: * Dick the thoroughbred Plymouth rock rooster, who heads the chicken family, does not. take Kindly to the { dig! § muardianship, and avally himself | of every op re to hie a quar- | rel with ba 'One day last fall | Husky and a little cocker | spaniel, were duck... near the Six ween Mile Creek over the hill," Mr, «| Hough related. "In their scamepr- ings Jock raced out on the ice. A large piece of ice' broke away and the d tatde, * Hunred imo the icy water, wbped his playmate by the seni | of the néek and swam to shore with | im, automobile, Plays "Husky take X am delight! in playing football Barbara, the master's. nine year Fd daughter, ad the other children likes to go to the post office. oo . and carry home the mail, W on Barbara goes to the store, Husky trots along, too; and n dare touch her. At one store the store. keeper usually asks him if he would like a candy and plants his front feet on the side of the Seunter al op@hs his mouth "At meal-time, Husky brings Me bow! trom his kennel to be fil fled by wile: One day when she coul find me Husky led her to the n short order, He knows as much a a human and can almost talk, At. break of the illness in a parrot which lias been kept in the home for some time, provided it does not come 'in contact witha sick bird. The disease seems to be associated only with re. cently imported birds, and then only at times of epidemic in the country 'of origin.' The London Zoo has nev- ) Available on demand. Stocks er had, in its 100 years of existence, a known case of a keeper or a mem- ber of the public contracting Ci from its parrots" MYSTERIOUS: EATH | OF UNION OFFICIAL Was Due to Retire Day Fol- lowing His Disap- pearance London ~The mystery of the death of William Henry Rooney, aged 62, local secretary the Transport Union, who was fount! dead with his head fractured, was not solved at the inquest. He was due to retire the day following his disappearance. An open verdict was returned. The usual characteristics of drown- ng were not present,' he 'coroners said that cuttings found in Rooney's pocket referred to | began to. float. down the river, with [Nines recited by a well-known Car. on top, Husky neyer het: Tock was later killed by an | Husky promptly | night he has a fegular beat which he diff docksman as follows: If with pleasure you are viewing hy he kind of work a man is doing, 1. you Hie him, it you love: him, : Pell' him:so, 1 Don't withhold your approbation, Till the parson makes oration, And « ne lies with snowy lilies o'er his brow. For no matter how you shout it, He will never know about it, He will never know the. teardrops vou have shed, If you think some praise is die him Now's the time to Ji it. to. him, For he cao, feud is tombstone Apnea hs Sead ended with the Phiade; "Life is y proposition," LW Competitions New Brunswick JSoparttnent of El eutute «re recently distributed 929 ll hui competition, There were 190 entr es, of which 63 were winners, rizes as a result of its |' value then the loans disturbing effect on than the [oans, The strength of « bunk is determined by its history, nd the extent of ils resources. - For 112 years the 40 fe she frost Omadon ite Government & Other Bonds and Gilt-edge Securities pracvically all of which maturt at . * » bd 's 1] LJ LJ Reilvay end Industrial ondlothr socks helen murat: oelon Call Loazs Qutside of Casi 4 Secured by bonds, stocks end other By --° CallloamsinCanade « + Pesthie an lomied and seg by Bondiond anc of pone vee TOTAL OF QUICKLY AVAILABLE RESOURCES (equal to 51.03 of all Liabilities to the Public) Eo buy, J de sft onRuslBaate os . » Acina inthe course of fe Bank Suvse nd in poem of being x Customers' Liability Under Letters of Credit + Depress Lili oF customers on acoount of Lotters of Credit owed Other Assets not Included in the Foregoing « Making Total Assets of . * a » N to meet payment of Liabilives 16 the Public of leaving an excess of Assets over Liabilities to the Public of PROFIT and LOSS ACCOUNT : rd wal i mma * . Ld Balance of Profit and Loss Assount, Oober 313, 1939 a Te Balance of Profit and Low carved forvend * 2.00% Spy 1 121,661,712.27 922,087.90 1,930,456.44 by 10,941,971.37 3,778,005.16

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