Porcupine Advance, 1 Dec 1949, 1, p. 8

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| "orchema will "i1n Winter« Cold," "Come Along to Toytâ€"wn," "Joy to the World," Tarce Kings," "Away in a Manger and many cther ‘avorites. B@Boloists such as ry Huckerby, sinzing stars winner for 1940 and Miss Digne Lloyd. one of the 1949 fe tival wmnerx, will sing solos. _ Dorls Kurko ki and Evelyn Pexton be featured singing a duet. RBesides these numker; tho choirs and do several numbers with thb audience. “!“ want to spend a good eveâ€" in a good job. If he doesn‘t work while paying, he makes such good contacts that he can practically name his own job when his playlng days are numbered. Consider then that he hasn‘t got too much under his hat and doesn‘t make the vest of a wonderful opportunity and â€" comes heome broke. Such caes are few and very ~ar tetween but they do happen. The fellow goés to work in the~mine and finds himgelf beside the fellow he went to school with. He is rlghl: back where he would have been, had hgve excellent entertainment,he not had many educating years in _i â€" Money To Loan Kurko: ki and Evelyn Pexton m.ba}so be fertured singing a duet. RBesides these numker; thc choirs and erchestra will do several numbers with thb audience. bee t yet. ‘The following are only a Tew of the very lovely se‘ections to be heard during_the oveninz. The orchestra will open the concert by playing ‘"Beneath the Holly," a sroup of the best known Christmas carols. Few cf the other numbers that the orchestra will be playing are "Greensleeve;", "O Little Town â€" of Bethleheéem, Silent Night and many cthers. 1 "In Winterâ€" Cold," "Come Along to Toyt:wn," "Joy to the World," "We Tarce Kings," "Away in a Manger and many cther ‘avorites. BScloists such as ry © Huckerby, singzing stars winner for 1940 and Miss Disne Lloyd. one of the 1949 fetival flnnerx, will sing solos. Tho four choirs, that is the Boys choir, the Girls choir, the Junior Chuir and the masted Senior choir wil sing such numbers as ‘"Deck the Halls." "The Boars Head Carol," "Bell : Are Ringing," "The First Noel," DJ you want to know a way to zget into that so much desired Christmas spirit ahcad of time? You do! Then the best way I know is to attend the Timmins High and Vocational school Christmas Concert this Monday night at eight thirty, Tickets may be obâ€" ta‘ned from any member of the Choir or Orche tra or upon request. The concert ‘this year promises to be the Yes corsazes may be wornâ€"this has ben dezided after much deliberation and ~thoughtâ€"especiaily on the part of the boys and with the thought in mind that you only graduate once we dedidei in ‘avour of them. Who Goesâ€"Who Doéesn‘t ~All graduates will he admitted free however, if your partner is not a graduate you will have to pay sevâ€" entyâ€"five cent; for him or her as the case may ‘be. Al} honour graduates may atterd for the sum of a dollar and a half per couple as may any third or fourth form students also. Third and ‘ourth form students in fact all must ask girls from the Also and we nope you note this a"~ naines of the ccuples attendâ€" ing that is names ‘of both the boy and the girl; along with their adâ€" drcosses must be presented to Miss Bourne before December the ninth. No one will be all¢weai to go to the dance unless they provide Miss Bourne with this information. Upon receipt o‘ this mforma,tion and the money, Mics Bqurne will give out the invit.a- tions for the dance. Graduation ~Officers Following is a list of the graduation officers as chosen by the graduates at a meeting last week. In addition to th@se officers a technical rep and a commercial rep will be chosen at the meeting this Thursday., â€" Valelictorian, Bob Charette Presiâ€" dent, Don Hindson; Viceâ€"President, Keith MoKey; â€" Secretaryâ€"Treasurer, Hr‘en . Backburn; Commencement Cc:mrmitte®â€" Nellie Jamsa, Harold Iechrie, Christine Chaliners; Dance Committer. Margruite Lochrie, Rosâ€" anne Belanger, Eveyn Pexton and John Vintnar. With the:e few words and the reâ€" minder to the boys to get busy, wd will cign o f as far as the Grad Dance is concerned. Concert to Be on Fifth of December At thi. tine I would like to remind ‘all graiuates ¢f the practise meeting t» be he‘d Thursiay night at sevenâ€" ~At this mcoriing such things as t gass> gift, photos, and clas; prbd tions will be dezs:ded. All graduates cre urged to atlend if at all possible. are also ‘asked to bring fifty cents or the ela s gift to this meeting and also fifty cents for the rese to be worn during the graduation cceemony. At this meetinz the gradâ€" uates will receive just s3 many inviâ€" tations to the commencement excrâ€" which they may give out as they plca e. Ticke‘s to the dance w.ll a‘s> be given out to gracuates if they ate ready. Graductes are askced to bring any sugzestions for a class gift to t‘ie meetin;â€"o0 much for the mostâ€" ingâ€"â€"on to the dance ; Biggost Dance of the Year The zynnual gr:d dance will be he‘d in the of Timmins High and Vo ational Senc:l from nine c‘clock till <tws on the. night of Dect e ‘:er the twentyâ€" ecsond, That‘s a Tzoursday night in case any of you are interestc1. The Dance will be a programme with Henry Kelâ€" neck providing the music, we hope. The dance will officially start at nine o‘cleck so you may fill in your dance programmes ac:prdingly The pro«g grammes wil} contain, among straight dances a Schotische, a waltz and a novelty dance. The doors will be clo ed at ten oclock . so act accordâ€" ingly. Loans 5 to 6* You‘ll Like Our Efficient Service National Housing Act Loans 4%* Ansther â€"cry from dif erent teachâ€" _ ing groups has been that hockey has _ taken ‘kids from their studies in their heme towns and transferred them, for hockey purposes to cities where their clucaticn is forgotten for the giitter of te sports pages. The Canadian Education Asâ€"ociation recentiy conâ€" _ ducted a poll cn the subject and they fcund â€" that parts o‘ Ontario and Manitoba were effected ‘by hockey but «it is far from a national problem. The survey was made cocering over 200 high schools and 125,000 students and it was found that only 82 were in any way affected by Junior ‘A‘ hockey and of. that riimber only 22 comâ€" p‘etely difappeared .rom school. That .doesn‘t lcok too promising for Dr. Hall and his followers, does it, at that rate thcey won‘t have too many mord c¢mplaints to make. Rather than hockey ruining any ycung boy, it is on the other hand the makinz of them and the break of a lifeâ€"time. How many kids from the camp have gone through the local high ®schools and then went on to Universities to receive a degree? Nok very many, you must admit. Thg majority of the local youth go to high school for a few years and then end‘ up in a :tore ¢cr in one o‘ the mines: On the other hand a kid gets a hockey break and goes South to play for tho green backs. He makes himsel{t a nice little stake and at the same can set himself up for the futura The oftâ€"ditcussed debaits Eotweoa ~educaticn on the cne and Sports on the other is once again in uvnt spo:tinz news but this time ‘the backâ€" ers of our national game of hcckey the ones making the news instead af trymv to de end themse‘ves from outrageous charges from some "of the soâ€"called men of higher learning of the country. You will remember a few month; back how one Dr. G. E, Hall; «President of the University of Western Ontario, came out with the story of how pro hockey was now reaching Cut and grabbing kids 14 and 15 years old. At that time Clarâ€" ence Campbell, boss:man ofi the N.H.L., stated that he didn‘t believes«â€"such was the practice and that if Dr. Hall could back up his talk, Campbell would seo that the offenders were satisfactorily punished. "To this day," Campbell said :a few nights ago, (Dr. Hall has never supplied information to back up.his charges.‘ The University presâ€" ident has probably since found that hr. was talking through his derby, but won‘t admit it, nct publicly, at leat. | Sports Corner Start saving your money fellowsâ€" there are going to be corsagesâ€" speaking of the grad dance «Cagain) some jokers say that they are perâ€" fecty capable of fixing up dates them«< selves despite the early asking datd and do not appreciate outside help. Please take no offenseâ€"that is just what they tell. me. night. This limiting ‘timec for a king girls is like a hunting season to s:me 0: the boys. The fel‘ows that like to decide to go at the last minute and put the girls into a Tizzy orâ€":omeâ€" thing are now all in a tithy them- selves. It is a quarter to nine the day beâ€" ‘ore the <exams so I bid you good dance mixing up cverythingâ€"never mind fellows there are lot; of fith, I mean girls in the hizh school. Soerry Marcel! Confuszious says t:e pe.ple changing al} around for grad . _ Jolin Vininar .has thc. opinion that all school teilhers should get comâ€" pl‘mentairy ticket; to the grad dance â€"â€"be they high scthool tcachers or not. Why John? A Scratch of Hen Talk Well Joy M. has really been getting ar.und ‘atelyâ€"Be it Harcld or Joy we know not, but what we do know is that George tat one time Harold‘s best friendâ€"and maybe he stiil is ‘as far as that gce ) is now going around spoutinz the marvels o. the opposite cexâ€"Joy in particular. Of course It‘s a free country who are we to interâ€" @W,,fi:‘?i g @_’ pexy E The current edition of the monthly Sport magazine has a very good tured story on Allsn Stanley, the Timâ€" mins youth who made such a name or himself in the bigz Now Yorkâ€" Providence deal last year. Coâ€"starâ€" rving in the ‘article i; Pentti Lund, winnc*t of the Calder Cup last year portant victory last weekâ€"end Lc Cos.ell potted the first Wasp goal in the fir t stansa rgnd Ray Hanngan of Schumacher drove home the winnd with threée minutes left to p‘ay as the Hornets edged the Buffalo Risons is th.tttakflsmflcmore mney than the oducated gent," 10BE CHIPS: The Porcupine camp gave the Pittsburz Hornets an imâ€" a‘e Feiret Bamk...workiNnc CaNADIaANS 1N EV.ERY,..WALK._OF~ LIFE $1NCE is 17 TOTAL RESOURCES WHICH THE Bof M HAS TO MEET ~ITS OBLIGATIONS . . . o. . . 0g0 . . . LOANS: During the year, many millions of dollars have been lent to business and industrial enterprises for production of every kindâ€"to farmers, fishermen, Jlumbermen and ranchersâ€"to citizens in all walks of life, and to Provincial and Municipal Governments and School Districts. These loans, now at the highest yearâ€"end figure in the Bank‘s history, stand at BANK BUILDINGS: In harnlets, villages, towns and large cities from coast to coast the Bof M serves its customers at 541 offices. The value of the buildâ€" ings owned by the Bank, together with furniture and equipment, is shown on its‘books at OTHER ASSETS: These chiefly represent liabilitics of customers for commitments made by the B.mh on their behalf, covering foreign and domestic trade CALL LOANS: The B of M has call loans which are fully protected by quickly saleable securities. These loans amount to . QUICKLY AVAILABLE RESOURCES: The resources listed above, which can quickly be turned into cash, cover 78% of all that the Bank owes to the public. These "quick assets" amount to . INVESTMENTS: The B of M has over a billion dollars invested in highâ€"grade government bonds and other + public securities, which have a ready inarket. Listed on the Bank‘s books at a figure xo4 greater z/:.m their rarket value, they amount to . _ . . . ~, CASH: The B of M has cash in its vaults and money on deposit with the Bank of Canada amounting to MONEY in the form of notes of, cheques ‘on, and deposits with other banks .= â€", â€"~., WHAT THE B of M HAS TO MEET ITS OBLIGATIONS: The B of M has other bonds, debentures and stocks, a substantial part of which represents agsisâ€" tance to industry for plant development in the postâ€" war period. These investments are carried at Noronic Captain‘s License on c sw ~$2,139,088,263.44 $ 229,296,309.15 $1,602,090,910.01 4 OTHER LIABILITIES: Miscellancops items, representâ€" 1,044,968,842.21 ing mainly cominitments undertaken" by the Bank â€". on behalf of customers in their forcngn and domestic trade transactions . ' TOTAL OF WHAT THE BofM OWES ITS DEPOSI'I'ORS 122,917,348.16 AND OTHERS . . . o. . . $2,054,532,4552.83 TO PAY ALL IT OWES, THE BofM HAS TOTAL REâ€" SsOURCES, AS SHOWN ON THE LEFT SIDE OF THIS STATEMENT. AMOUNTING TO . . . _ 2,139,688,263.44 WHICH MBANS THAT THE Bof M HAS RESOURCFS, OVER AND ABOVE WHAT IT OWI:S AMOUNTING TO $ 85,155,810.61 31,767,839.18 % w -18.174.6'52.91 487,352,653.41 156,733,757.58 17,850,1069.22 EARNING$ â€" After paying all overhead expenses, "including staff salaries, bonuscs and contributions to the Pension Fund, and after making provision for contingencies, and for depreémtwn of Bank premises, furniture and equipment, the B‘of M reports carnings for the twelve months ended October 31st, 1949, of! ; «.. . Ptom;oq for Dominion Income Tax and Provincial Taxes . LeaVios * NCt Eafninss Of # s # i ® 0 ® 6 This amount was distributed as follows: Dividends to Sharcholders . . . . _, . e . Balanceâ€"to Profit and Loss Account . s .« . . . . This figure of $85,155,810.61 is made up of money subscribed by the sharcholders and, to some extent, of profits which have from time to time been ploughed hack into the business to broaden the Bank‘stservices and to give g_ach fi;otccéon.afOr ithe depositors. BANK NOTES: B of M bills in circulation, which are payable on presentation, amount to DEPOSITS: While many business firms, manufacturers, merchants, farmers and people in every type of busiâ€" ness have substantial deposits with the B of M, the larger part of. the money on deposit with the Bank is the savings of well over a million private citizens. The total of all deposits is . . . . . . WHAT THE B of M OWES TO OTHERS: BanK or MoNnTREAL for 1949 $2,019,142,697.65 9,221,569.97 3,405,000.00 3,621,916.00 5,816,569.97 3,600,000.00 2,216,569.97 % 4 J A 8

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