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3: 01 the manger t n ©f. church â€"win gfl 61 credit should tA lpl)c and her stalf pfirmcnt forâ€" ~presen! dwflvc setling. High Lowdown EOM 1J.¢ VY â€"WAaAs3liCL id the same elfect as previous playâ€" i8ss, that of bringzing the house down. ‘Biis imagnificent piece of music was uly rendered as a work of art. These Meces formed a very impressive openâ€" iAz for the concert. ; ‘The cho‘r followed this with an ‘q u @ 1~ presentation of Christmas rols. «The old "Oxford Carol,/‘s the car‘s Head," reminded the audxcn"e ‘the ancient British custom of inging in the tremendous platter of oa of . whxch the Boar‘s head was the ntc;, "O Come O Come Emmanuel" was . my <pin on the most pleasing pre gntation of the night. Excellent tonal: ality was produced along with won,. rful harmonizing of the girls and ys voices, "Good Christian Men Re- ice" ended the group of carois and‘ lé/t w.th the audience a feeling o[, um'ble reverence. | Doris Kurkoski received a tremen-. ovation for her solo rendition of one of the more modern carols, "What Star Is This" by Ridout. Doris as usftal won the hearts of the audience by â€"her wonderful voice and personâ€" ality. PAGE EIGHT thei Junior Cho‘r under the ditecâ€" tion of Mr. Alvin Hartman then took uver the show. To take over is expressâ€" ng it. mildly. The choir definitely the best in quite a number of years, preâ€" seiuted <a wonderful rendition ‘of the ever popular so heartily by the audiâ€" ghce that the Junior Choir returned to singy="Just Wearying For You" as m â€"encore, Just a word to the Junior Eair â€" every one though your singâ€" gâ€" was wonderful, . o .. _ ‘A picked group of strmgs along with clarinet from the orchestra then playedâ€"a Finnish carol titled "Christâ€" man Carol" by Sibelius. From all comâ€" ments heard a very good job was made O» it.' C\ >‘ A very beautiful English carol "Covâ€" entry, Carol" was â€" presented by the Sonior Choir. This quiet dignified carol left the audience once again with much the same feeling as that of the / 1 0‘“00“00000000000000000? Starts Tomorrow | Chrisitnm by cmird thco Last Day of th Mon d V by Lional Foto Nite â€" Tonight Offer $850.00 eir annuval Chi ncert was posti and defin.tel nmcert ever pitC e â€" MeIntyr‘e appropriately y nisht the Tinmins iti nal Choir and Orâ€" with the Junior Choir annuval Chr stmas conâ€" t was possilly the best ad defimiely the best ort ever presented. The MeIntyre Gymnasiuin spropriately â€" decorated bel‘s and wreaths, alâ€" "Mold that Blonde" and The Lost Weekend I fituisun jlows. A great given to Miss ol teh art deâ€" ng such an ta Ciauses a beautiful gset in the ‘s. °A~ nreat he art ranmt ~. rieng hoir L 1 11 d ; besi C w« ;fim three selections on the.program. , (â€" The robust old Wels ml. "Deck The Halls"® sent the audience back to he times when they were amall and art of the general hbub bub in the ramtic preparations for Christmas. I mo.:ine the WelsH thought of tradiâ€" "Aongl dragzing in.of the YÂ¥ule log; the ‘;n,hszh sathering nuts and decorating the man r halls. A very lovely piece i work by the choir. "O Little Town â€" Of Bethlehem" ‘maved by the orcheitra browht the °_ SFollowing this the audience joined in with the choirs© wholeheartedly to the cever popular carols "While ‘Snephcrds Watched Their Flocks by ‘N'ght and "The First Noel." 2 After the intermission an unimcr- ‘ruptcd presentation of the Christmas Story with the narrating been done *by our old friend. the Reverend Mr. ‘Loosemore. The story . was done in terndle light, which brought about a â€"very suitable atmosphere for the story. *‘ The Cherry tree carol was another ‘opf the outstanding pieces of the evenâ€" : ing. Evelyn Pexton. who, sang the solo ‘was accompanied by Mr. Bartlett on §the viclin and Miss Anne Wolfe at the ° piano. o "Silent Night" was done by the orâ€" chestra and choir together with Doris Kurkcski singcing the solo bits. The <girls chorus and. soloists then tool: over with "Friendly Beasts" Pat Biewer, Mary Huckerby, Pat Coulas and Diane Lolyd sang the solo versus and did an excellent JOb indeedâ€"-very good girls! The boys choir,then gave. vETY °X;â€" celient rendition, of,‘"We., Three, Kings Of Orient Are.", . This was very well dacne. CY EP The choir then',_‘sa,pg "Angels We Have Heard On High," along with the final number "Adeste Fidgeles" done by both choir and p;‘ghes,t%a_'perse'nted A very satisfactory endmg to a very sucâ€" cessful concert. Bofh the choir and the orchestra d erve‘ ‘a gleab deal of credit for the splendid ‘work ‘théy have d Naturally a @reat deal of credit must be given to Mr. Hartman and espécially to Mr. Bartlett for the wonâ€" aerful performance. Both have given innumerable hours of time and preâ€" parution toward the success of the coacert. At this time I would like to say OI 11¢ ‘While industrial expansion has not been as great as in 1947. due to the factors mentioned, nevertheless it has ~‘bcon:important, since work undertaken prior to this year on new. plants and extensions has eontinued _toward completion and a number of new factories and * mills have been brought into operation. New projects ‘started during 1948, many of which will be ‘‘completed or will be well on the way to completion during thecoming yéar. As weil, some plant expansion â€"pragrammes have, been held in the blueprint stage in the hope of,lower building costs. However, with the _ continued high level of business a number of these will " be started next year where efhcient operations cannot be *Carried on in existing cramped quarters, These activiâ€" ties are serving to enlarge our productive capacity and dgre adding considcrably to the quantity and variecty of goods available to the people of this country, and thee elsewhere who seek Canadian industrial pro«luet: At the Annual Meceting of the Shareâ€" holders of The Canadian Bank of Commerce, held in the Head Office of the Bank in the City of Toronto, Decemâ€" ber 14th, Mr. Allan E. Arscott, C.B.L., President, and Mr. James Stewart, C.B.LE., General Manager, presented the Annual Statement of the Bank‘s operations in the past year, together with a review of business. conditions} Mr. Arscott‘s adâ€" dress to the meeting follows, in part: 8 agdthose engaged in agriculture face ties, dargely: the result: of poor crops over m farm â€"and ranch areas.. The crops this contrary, have been for the most part of h exceptions being in limited areas in the Wes orchards of ~Noava ‘Scotia and in parts of t Valley of British:Columbia. The improved c tion is bestâ€"indicated by the fact that grain 1948 are about two hundred miltion bushe than in the preceding year, the increase bein bet ween the Prairie Provinces and Eastern an Canada.*This should mean that there will food supplics in this country as more grain is into dairy, poultry and meat products and exportable surpluses can be greater. With regard toâ€"the matter of exportable surpluses, the wheat agreement between Great Britain and Cana da has one more gcrop year to go before expiry. In the coming months, therefore, it may be necessary for us to reconsider our position in the world wheat markets. The world wheat agreements were not ratified within ‘the ‘designated time limits, so that Canada, if new agreements are not made, is left in the main to her own resources to search for markets where the purâ€" chasers have ‘the ability to provide satisfactory payâ€" ment._ There have been hopeful signs in recent weeks that proposals again will be placed before the governâ€" ments ‘concerned. â€" Out of the «liscussions there may emerge a programme for orderly international marketâ€" ing and distribution of food supplies. When we consider the size of Canada w« the country as a unit is in a relativel condition. . Industniat production continues to increase althoug the rate of increase in some industriecs has been more c less irregular during the past year. In part this is du to the fact that the flow of materials from the Unite States had to be curtailed to conform more closely t our reserves of American dollars, and in part because ( shortages in some materials, both in Canada an elsewhoere. O1l ki ‘hey‘ rl julces behalf of the choir and orchestra how glad we were to see the Reverend Mr. Loosemore agzain and to thank him fir the excellent job he did. At th‘s time thanks is given to the @#%*#* art department under the direction of Miss Secombe and, to the Woodworkâ€" : ing department for their invaluable holp in the preparation for the conâ€" . 3 cert. : Five pretty girls in row from the Timmins High an d Vocational School choir, They took part in the Christâ€" mas concert Monday evening at the Mcelntyre conducted by Edouard Bartliett. _ The story of the concert is told by Donald Hindson in his High Lowdown column this week. The girls ave left to right: Sheila Sloman, Joanne Irbin, Andrienne Kidd, Elaine Craig and Phyllis Reid. Advance Photo nada we can say that relatively prosperous tern and Cenital will be larger rain is converted ts and that our lifheulâ€" of the to thi Major Business Increases in 1948 THE PORCUPINE ADVANCE, TIMMINS, ONTARIO James Stewart, éefieral Manager, Presents Strong Stateiment of Bank In forestry, production: of fTumber, wood . paper again established new records, althoug! the Eastern lumbering districts have been lc than for some years past. Over all, Canada cut in 1948 dbout five thousand million fe measurec ‘of Iumber and made over seven millic pulp and paper. The out put of newsprint th four times greater than that of any other cou accounts for over half the world‘s supply essential commodity. _ Imprésgive as these fi they do not represent all the progress in forest tions because of continuing technical changes to increase fhe supply of wood materials of . notably pulp, and also to improve the ‘q forest products, they de tions b to incr notabl; forest q Mining résumed in 1948 the upward course w was interrupted in the carly postâ€"wan period by lal shortages and the runâ€"down condition of many pro ties following the wartime pressures, for base metals" of which Canada was one of tlie m sources of supply. _ In the past year production ofi minerals has increased in the: case coal and oil. One outstanding feature has been further extensive development of the Alberta oil fi now regarded as one of the major projects of its J in the Western Hemisphere; so important is the ex of the discoveries of oil in this field that it seem {orecast a possibility of its reducing substantially need of U. S. dollars to pay. for the petroleum products. _ Another important factor been the exploration work on the Quebecâ€"Labrador deposits, which has indicated ore reserves sufficien in the W juU M1 Canada has made great stfides towards wider indusâ€" trialization. The recent war speedéd up this activity. In the circumstances, when planning capital investments for further industrial development it should be kept in mind that the supply of raw materials and available labour will have an important bearing and should be considered among the limiting factors in examining the long trend possibilitics of our industrial economy. The enlargement of processing and manufacturing units to service temporary needs well may lead to later disapâ€" pointments. These factors suggest that before decisions are reached on capital account searching enquiry should be made into the possibilitiese and probabilities of gctting along on a competitive basis domestically and irternationally over a reasonably long period. A noticeable important change in direction of our export trade centred in the «American market which took more "Canadian goods and materials of all major classifications than in 1947. WThe value of such exports exceeded $1,200 million, close to the warâ€"time peak when the United States was importing military supplies in large quantitics. When all Canadian exports are taken into account the total amount is above that of the preceding year, over $2,700 million in value, but perhaps somewhat smaller in volume. i4 o amanl Y l T S oo :A BE WB _8 D Sm + w ue it y 4*A % t With respect to our trade with other countries, our exports to the British group declined by more than â€"one hundred million ‘dollars from 1947, as the result of smaller ,sl:gzqu-nts to. the: United Kingdom, and subâ€" stantial reductions in those ‘to other markets. in this eround. particularly Australasia, There was, atso a marl ake urct p (| thv #*". M â€" iB * UÂ¥ ;. m a t / \ i F B4# t E Arscot Presudent The Canadlan Bank of Commerce, Stdtes Agnculture,r lndustry, Forestry, Mining all ~Progressive * ClA l this s <of m pr exple , whid ommt INTERNATIONAL TRADE CAPITAL INVESTMENT Victaory PHONE 1323 6« ign inss o+ * , \ i Te 4 @0000 00 004 04 * . Future Likely Determined By International Events med in 194 d in the earl the runâ€"dow the wariim [ which Cai mlv. In lucts. ation w Saturday has indicated 0 ial development potentially on erade iron. duction: of: fumber, wood pulp and ished new records, although some of cring districts have been less active rs past. Over all, Canada will have t five thousand million feet board and made over seven million tons of Phe output of newsprint this year is than that of any other country and Starts i FORESTRY MTINING Lime pressures, lor, nenâ€"LOrrO Canada was one of tlie maj ie past year production of my *~Substantfially in~ the: case standing feature has been t pment of the Alberta oi frel the major projects of its kn here: so important is the exte 1 in this held that it seems [ its reducing substantially 0 to pay. for the importation Another important factor h rk on the Quebecâ€"Labrador in rogress 1n 1orcs. chnical change d matcrials of improve: the > ~Chat 1C $CemSsâ€" ng substantially of the importation iportant factor h; uebecâ€"Labrador reserves sufficient a scale which wou [ the world‘s mayj give books of famous players theatre tickets in gay gift envelopes this . hese figures are i forestry operaâ€" hanges (J('sm,pt C the ‘quality 111 | Furope t intially our ortation bf factor has brador iron sufficient to vhich would i1\ nd proper ferrou: which thour h%ap- isions hould ies of thi 4n( ol the nt European countriecs are now obtaining goods from Canada through allocations made under the Europcan Recovery Programme whereby purchases are permitted to be made in Canada and payment arranged for in U. S. dollars. Also having a bearing on Canada‘s trade, it has already been indicated that the balance remaining of the United Kingdom credit from Canada, namely, $235 millions, is likely to be "unfrozen" over the following months. The above arrangements should continue to stimulate temporarily at least the overseas demand for Canadian products. At the m obvious t From the. pr defence ol prod paredne the pro WAT the It is evident tha economy which var had in the past. In along the paths of preparation simult GENERAL MANAGER‘S ADDRESS countries and which in turn Couigq invoIvye ail (no . tries of the civilized world. We can only hope th: deliberations and patient efforts of those charged the task of working out a peaceful solution w successful in convincing potentially belligerent n of the wisdom of foregoing any actions which : lead to an actual war. The cloud, however, is ha over us and is affecting our thoughts no matter prosperous the country appears to be in a general It would seem, therefore, that the pattern of the ahead is likely to be determined more by interna than by purely domestic economic considerations rder With regard to defenc ind thy s will A VC luctive machin ition in making DEFENCE PROGRAMMLE ird to deferce measures now being considâ€" nse in hand, the query arises as to what the mean in terms of our economic activity, ment our position is not clear but it seems t some resources will need to be withheld tic consumption. A military programme at is very different from other periods of pafation in this country. At other times, iada, in the earlier stages at least, took up our economy and encouraged the expansion iking pians next year. led a note of warning on this subject, ithstanding the strong demand for s only prudent to keep inventories »ervision. â€"As we move forward into r of uncertain factors confronting us usiness take into account the various ould affect‘ inventory positions and cration to physicalâ€"volume as well as ntory that must be maintained in even flow of goods. it toâ€"day we have conditions in our iry greatly from those that we have 1 effect we are endcavouring to travel { peace, reconstruction and defenc tancously, each of which would in â€" bearing on industrial decisions. Bank have nowreachedâ€"a figure in lion, an increase for the year of ferring to the progress made in this year, mention might be made that der<tanding in some quarters competi rlier ind < with at rcouraged the expansinr high employment, preâ€" r not as a supplement t« this fact will requird or next vear. rned us repeatedly of t various â€" European ] involve all the counâ€" ‘an only hope that the of those charged with ceful solution will be lly belligerent nations actions which might 1, however, is hanging ughts no matter how o be in a general way. itua Roesults of the Timmins Election Tuoesday woere as follows: aflter a reâ€" check by Town Officials: Karl Evre renarts that desnite the fasct that there wasn‘t a mayoralty racte, the poll was larger than last year, Leo Del Villanes Philip Fay Edmond Aube Urbain Aubry J., P. Bartlieman Les Bailocy Fred â€"Quesnel McAlendin Ted Towers Adelard Houle Albert Chalifoux Stan Kremyr Z. J. Ostrowski Jim Tester Roy Wilson 2710 2595 2536 2046 1995 1874 1775 1319 1080 926 905 880 105 705 636 Poll Larger Than Last Year Savs Mavor Evre $600498990999994 0090900000000 44080048004 tunity to thank publicly all those who have helped Although not elected councilor 1 take this opporâ€" Once again I thank all those who have supported me E. B. Woeir Roy W. Hardy Merry Christmas and Happy New Year i1 hpl way . year ional SCHOOL BOARD Ted Towers in my effort to gain a seat in council. that such an expansion in the Bank‘s h a larger proprictary intewest of the sh other words, that the assets generally â€" sharcholders. This, of course, is incort asscts of the Bank, apaw from the shareh are the offsetting counterpart of the Ba which are represented largely by the « customers. as the accounts eccupations. Ou excess* of one m figure represents Aggregate deposits during the year increascd Dy dJ3 million, of which $9 million was in nonâ€"interest bearing accounts, $50 million in Savings, and $34 million in Dominion Government Balances, the latter reflecting to some extent the proceeds of the sale of Dominion of Canada. Savings Bonds. _ The. nonâ€"interest bearing accounts," made up mostly of business actounts, fluctuate within quite a wide range. The Savings Accounts for the most part are moneys belonging to individuals, . This continued evidence of thrift on the part of the public must be viewed with satisfaction as the accounts are well spread among all classes and occupations. Our deposit customers now number in Aggregate deposits during the million, of which $9 million was 1 accounts, $50 million in Saving Dominion Government Balances to some extent the proceeds of t! and, second evidence in prices is sir levelling upward element During the past year I had the pleasure of meeting members of the staff at a great many of our branches that I visited on a trip across Canada from Halifax to Victoria. I also had the opportunity of meeting a large number#of our customers at the various points visited . It was evident from my contacts that there exists strong and widespread confidence in the present banking system. In turn I cannot speak too hi hly of the efforts of the staff. They have been working loyalUy and efficiently to give firstâ€"class banking service to the and efhiciently public. Our Current Lo: 0 million which th TA me in my election campaign | p wn hn count lustry unts are well spread ar (l(plwt custom neâ€"million #Aive hundr sents a gratifving incr t} posits during the a reâ€" sessment appe Evyre amd today beg there another appell; 1319 1080 926 905 399 1374 in Canada 1 ds indicative A11 to all THURGnay, DECEMBER 16th STAFF M:. Bartieman intends to see his asâ€" sessment appeal through to the end amnd today begins another hearing by another appellant, before Judge Danis in the Town Court Mrs. Harold Gouth‘er is representing the appellant. Judge Danis will probably hear several cases before he hands down a decision n the matter. UuUrceées hand‘l > with M ond Lettuce is casily freshened by placâ€" ing a bowl of cold water. Sprinkle with lemon juice and let stand a few minutes. ha Empy salt ndady to I 111 funnel J, Elliott W. Alexander K. G, Fee (Continued Prom Page One) that what the vith. whid ur affair onfidene ink‘s husiness reflects the sharcholders; in but nonâ€"interest . bearing {~â€"business actounts range. â€"The Saving moneys belonging t« lence of thrift on th wed with satisfaction among all classes an mers now number i Iredâ€" whic crease over last vear Ottawa is â€" considering the ut it is casily seen that any of news from government n a matter such as this could ecurate as the situation will wernicht and without warnâ€" ) have ker crumt nlaced ri; the in k 111 InCrease? O part the country. ons with spouts are for â€" keeping bread mbs. Fill them with right in the spout. ‘s ecquity 111 it s 1149 1129 821