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- .~. vues IF Oe wea sey TS ew Vee ews eas Se i) . ' Toronto-Dominion's Growth Impressive The Toronto-Dominion Bank}transactions of a booming, ma-|seven years after amalgama siresulted from the amalgama-|turing Canada. tion, total assets had risen to tion of The Bank of Toronto} By 1955, each bank was in/$2,126 millions, deposits to Jand The Dominion Bank onjthe strongest position of its/$1,968 millions. and loans to February 1, 1955. career and each could take| $1,154 millions. The number of The Bank of Toronto was the| pride in an uninterrupted rec-| branches had increased to over senior of the partners, beingjord of progress and growth, | 600, staffed by more than 7,500 99 years old at the time of}However, the changing eco-iemployees. Of the new the merger. It was founded at|nomic climate made it obvious|/branches opened, approximate- Toronto in 1856 by a group of|that to compete with larger|ly 50 are in communities where flour producers whose expand-|rivals, the two banks could/ The Bank had not been previ- ON YOUR 'ing trade at home and abroadjoperate more effectively in| ously represented. . made their, need for more|partnership than singly. | In addition to its Head Office : : banking facilities imperative. | In size and scope of opera-|in Toronto, The Bank has four Fifteen years later, 1871, The|tion the banks complemented' divisional offices at Montreal, | G R A N D Oo P E N | N G Dominion Bank was formed,jeach other remarkably and/ Winnipeg, Edmonton and Van.- | also at Toronto, by a group of|were unique among Canadian|couver, as well as two, leading business and profes-|banks in that such an amal-|branches in London, England | ; OF sional men of the area. gamation would be the first for'and offices in New York and| jeach. Chicago. PACING GROWTH When The Toronto - Dominion = cholders achieved by The Bank in its, pregram of The Toronto-Domin- ALBERTA OIL first years of operation is an|ion Bank to'give expanded and} Alberta contributed 72 per impressive one. Yet it is only|increased service to a greater|cent of Canada's record produc- the beginning of an ambitious! number of Canadians, ition of crude petroleum in 1961, "94 THE OSHAWA TIMES, Thursdey, September 20, i CONGRATULATIONS TORONTO-DOMINION BANK of The Bank The two banks grew and/Bank became a reality, its heri-| flourished; pacing the growth) tage of more than 183 years of| of the new nation created by|banking experience fused to Confederation in 1867, As rail-|the youthful vigor and optim- roads and other transportation!jsm engendered by amalgama.- | linked the settlements spring-|tion brought a new strength to! number 13,500, the majority of | them Canadians and they hold) approximately 85 per cent of the outstanding shares. In bal- ance sheet and profit and loss figures, shareholders have con- Oshawa's Newest Financial Institution "" We are proud to have been chosen to install FRIGIDAIRE AIR CONDITIONING in this new establishment. ; ing up in newly - opened sec-| Canadian banking. ; ml tions of the country, the two| 'The bank started in 1955 with | Crete evidence of The Bank's, banks established branches to/total assets of $1,278 millions.|s, 'The Toronto. Dominion. serve the expanding economy.| deposits of $1,213 millions and! Bank has growh trois $45 mil |Eventually, both banks had)joans of $582 millions. There! ions in 1955 to $112 millions in| bank purchased the} H. A. Porter and Co. for |branches from coast to coast|/were 449 branches, including! 1999. Net profits have k "gine | major expansion in 1920, {to handle the growing financial/one in London, England and| with this' growth ane peas an office in New York. $3.2 millions in 1955 to $7.6] adjoining building on King ----- CONGRATULATIONS 32s tess nan) the record ot street, just west of Simcoe. Pontypoo! Man TO Falls On Spike . TORONTO -DOMINION By MRS, H. M. RICHARDSON on the Opening of their New Building BANK BUILDING ALMOST C During World War I, the ; The old Toronto -- Dominion Bank | neighboring premises of building in Oshawa was a near-casualty when an RCAF plane crashed into the (HOME APPLIANCES (OSHAWA) LTD. 90 SIMCOE STREET SOUTH progress | PONTYPOOL -- Bob Hutchin- son and Wilfred Richardson are home again after attending the Christmas Tree Growers' Con- vention at Michigan State Uni- versity, East Lansing, Michi- gan. Mrs. Marjorie Edmunds, jun-/ ior teacher, has fourteen pupils) @ in the Beginners class this| year. Miss Schroter is the new) teacher for the senior room re-| placing Mrs. Grace Miller. Frank Hamilton left on Satur- day by train for his home in Victoria, B.C. after a two month visit with friends in the vicinity. Miss Reta Loshaw, Preston, is visiting with her sisters, Mrs. Colin and Mrs. Wilfred) Richardson. i Bored with last year's colors? Electrical Installations by ELECTRIC LIMITED 50 PRINCE ST. OSHAWA R. G. KIRBY « SONS Lrp. BUILDING CONSTRUCTION are Pleased to Extend CONGRATULATIONS AND BEST WISHES / to the ; TORONTO - DOMINION PE REE A beautiful new room between breakfast and cata thts te bouty ¢, SUPE KEM-TONE and KEM-GLO! flabbergast the Man-About-the-House! Next time he'll want to help--or do it all himself. Together you can plan new decorating schemes, using the NEW 1962 Color Harmony Guide--the cleverest device so far developed to help you choose fresh harmonies you'll love--and be proud of. Borrow the Color Harmony Guide free from your Kem pairit products dealer. on the Official GRAND OPENING of this NEWEST BANKING INSTITUTION Easy-to-apply Super Kem-Tone dries in 30 minutes to @ velvet finish, on walls and ceilings, And Kem-Glo, én exactly matching colors, goes super-smoothly on to the woodwork. Kitchens and bathrooms too, look fresh and bright again with Kem-Glo's deli- cate lustre. Yet its finish is like the baked enamel on your new refrigerator, All done in jig-time, and It was our privilege and pleasure to have furniture back in place to delight your guests--and been awarded the contract for the erection of this NEW and MODERN building. R.G. KIRBY & SONS Ltd. BUILDING CONSTRUCTION 196 Wicksteed Ave. Toronto, Ontario