'an'd more particularly during for:

r//5/{.53 r://5.:-.c: /2 EVE /lI0(/.7'///~'l/l .. or S-ﬂA’£Do£-‘D w//1-oar .4//9 .9/sek/£5’

Shredded Wheat give your: an all the energy of 100% whoa when Children love its nutty flavor and crunchy crispness . . . with milk or :rum and berries . . . in dozens of different appealing cnmblnuiom. Serve shredded when «very morn- ing. I1 big biscuit: in every box. ‘no Cunndim lnnddod wr-u Conwllm Led. Nluue Inlh - Canada

::T:.ﬁ Interest Accrued. as we have 31- neady charged Revenue and Ex- penditure with all debenture in-

ienst falling due du.r.n(; the year

Detailed Repo rt W E me Of Special Audit 9

And Investigation

lot. the end of the year will actual- , (continued fircmip_og‘e_5.

ly fall due and be assessed during Itteniion. There may be others.

;ivh£ subsequent. year. and, while in ve the City, in unothersenae possiblgr during the year under re- view or

it. is only applicable to nine year hi .which it falls due. and therefore should not be included in the lsta-‘.ernents of the preceding year. ~ Accrued Ban-k 1nt.cr~esi.——'I'his is Dog the amauni of overdraft interest com-g accrued on the Bank account! we handbu by uh. shown on this Balance Sheet be- Police Court, wiho deposits monih- tween January in and Jammy the bank. The amountshown 15191. 1939- mm Shea; m Accounts Payable civicrue list- wmchwem :21 gnger ;}‘l:m.e" agrd a.nemt.he accounts deposl and of the Y Y 5 08 J9-Wl-13!’! yemwd at 16th, 1939. for goods received or Royal Bank of Canada: Water as WWW” Nl'Id€'l'€d t.—'l'his represents dﬁtﬁ. Balance Sheet cun-one and civic for the’ Housing and O'Connell Fund Account as oi January 15, 1939 08:15 of \Deficiis are dealt with under

. 1) 1 Soweraae. defosiiied on Trvusts.

J 6. 1939. an awaiting SinildngF‘u.‘ndDep0aitlsLhe :-

'I'hL-. statement, sets out in detail transfer to the Civic Acouni. [mount provided in the mtimates the current assets. liabilities and lot this wrpose and not de bed rmmlus. on which we comment as .in‘mt).ltie Sinking Fund Barn Ac- follorwa: 60 .

Cash on Hand: Citxy Oi!ice—~A1- , snspeme Account. Olvic Vouch- thouzh this is the amount. shown . . era is the amount of the i.nieg'ular by the City Cash Book to have‘ Sundry Accounts Receivable: ps.ymeni.s for Civic account and been on hand as at. January 15, SpeclaJ—'I‘hls represents 9. few dealt with previously in t.h 1939_ aomally in re resent; the minor ii.em.s of expenditure which part. under Expenddture. cash on hand as at t. daie to- were not ouizhorized. and foirwhich smpense Aocoum Cash. —— This game; with all cash peoezigu up arraxzgernernts. setistacoory to the represents shortage in Clvi to and including January , 1%'9.'F‘1no.ncc Comnidivee. have This is «‘ue no the p*aci."ce in your City Office of holdin the Oash Book "open" for a ew days at Lheendoitﬁﬁﬂscolyearlnln attempt to prove the showing on cash collections for the year. As such improved showing ismade at the expense of the following year. ii. follows that. after a year in which the Cash Book has been held cpen, it is necessary to hold ii. open for the same period in the next year in order to show re- ceipts for a full twelve month per- iod. if, however. in the next year it is again desired to take into account. cash receipts 101' a period slightly longer than Uwelve months in order to make a good showing. it is necessary to hold the Oash Book open still longer.

The net. result, of this is that cash receipts shown on financial atatements to be for a certain per-

use actuary for a period

flscalyear

one sense 9. 2y zeal current 115- ibiliiy of . Reoeipia from Tax, Civic Court, and Police reasons olzeadv

m-er years which we have not aud- ited apart frame mtg necessary to es an - meiicai balance in capital items.

isn-

in this Balance Sheet. Equipment while asten'zpu'ng' to arriv i:

ad this nature should be mci- arithmetical balance of °.w§ou.?i."s

Rywand the depzecation from January Isl, 1932. to Janua 811116 and t‘ 15th, 1938. and we have not audit-

lxre. ed the accounts for that period. 0verdm.i't the Rovinl Bank of suspense Account Debenturc, is Canada represents the actual ove'r- iihe amount of iritcnest. paid on draft of these accounts as at Jan- unrecorrl-ad Debentures to January uary Isiah. 1939. plus such cheques 15th, 1939, and dealt, with under as were issued prior to, but not Debentures Payable. cashed until after final: date. Credits and Pi‘? yrncnis are capitol Balance Sheet as at Janu- ceriain credits yers’ u:- ary 15th, 1939, 17-2

counts plus prepayment. at license. rent. and tones. Cash in Bank. Lord's Wharf mp- Debenture Interest Poya.ble.—'I'his resents a Balance left in this ac- is the amount. of Debentiixe I:niAr- count. from rxpenditure on this est. payable between December 1st. wharf but as it was paid from the 1938, and January lath, 1939. and Pecmsnent, Works Bank Account. iod not paid on or befom the latter this should be t.rans!'erred to the slightly different. In our opinion. be. such coupons as were latter account. the: is absolutely no Jurtiﬂceitiorn payable before December lot, 1938, Lice, and your Oanh and actually paid between Ja.nu- Assessment Permanent sired: bfotclosefi eoglimeilid ix-yflriich. 1o39,(1!w».y!31a%.°l93B. Y every year as a he coee - s . e colmons n pror No- our olcooimﬁng system for nessonthelastdeyodtiheﬂscal vembcrzsth 938. had beendes- si7reecArsesnn ‘ is.be.sically,of better deoign than other parts of the xysmm, and, had it been pro

year, iroyed. we have no accumbe check Cash on Hand: Police Com-i—~ on this item. and there my be . mi.-, its an item which appears on more debenture intvafeat pexwly kept. should have }, t ‘ your Balance sheet only been no difficulty in checking. It can- endtnc aieta of it eel Assessment book,

pa ble use than shown on iiliia Bulanoesmaei. vi the inconvenient oi your A We have not set up Debeincure su-

EUROPEAN FEVER CHART: A 7-vMonth Temperature Reading

Tanks inkn Czechosslovrikia

ﬂtIIx'A"!ieflu “Rumor ‘puseodu. N‘. ‘M’

combined. This figure, in each year, was simply the total amount determined in

completely a.\l assassin

1981. had absolutely no relation to the facts. Had you: lodgers been icomplete and accurate. it would jhnve been a simple matter to con- itinvue the control account. from ‘I934 to January 15. 1939. by post- ing to it all assessments since 1931 and continuing the p::.t.ing oi cash receipts since 1934. The resulting ‘balance should agree xvitli a list- ing of the lodgers as at January 16, 1909.

Condition of Ledger:

The condition of the lodgers, however. made such 3 simple pro- ccduae absolutely out of the ques- tion. In addition to the sheets contained in the lodgers. we found a great many loose sheets both in the vault. and in the siamge room. Thane would be no ob tion to the removal of these eeis had thev all represented acoounize which had been paid on and tnaxisferred in an orderly manner for easy re- ferenoe. such, however, was by no means the case. The sheets weresoscatberedthatifneyhadio be re-sorted in order that. they

ly con- iarge proportion of in contain un-

had in

completely forgotten by your city Office. We have replac- ed all such meets with impaid balances in the ledgers, and have checked the records back to 1931, thereby saiidying ourselves that. as far as can be ascertained by these records, we now have all sheets for ou-tstanidihg balances as at December 31. 1931. togetherwith all sheets I since that time. In addition to this. however, we have sheets with open balarrvcm pnior to 1931' in the total amount. of $7 84l.95.s.n~d have no means of kn whether or not iihere may be other unpaid amounts in licable to period mu have not come toour notice. ll thepe are such unpaid accounis, however, we are satisfied that iihe ledger sheets 101- these are not at pmsezvi. in the City Hall. as we believe that our search or the records has been thorough and complete.

Bringing all such unpaid balon- oes 11110 accouni. we ﬁnd that the total Accounts R.:=:ri\'able nnstrc-Bi. assessment. as at January 15, 1938. amounted to $61.75.?” '‘”-'i a January 15. 1999, to $6l,38i.19. As the owl assessment. made since 193! was $55.8-10.70, it can be seen

that. the situation is one which Calls for immediate action in the collection of arrears. in the case of taxes. we can state on-lv that $61,381.19 is the total of Street Accounts Receivable as shown by the records of the City as at January 15, 1939. We cannot state whether or not, in our opinion. this balance repre- sents the miual amount. due the City until after statements have been sent to wing these amounts in order that they may report. irreaularliies. if such mist. These bills have 311 been made up and are being forwarded at the _m-es:-,nt. time. As hlkesegtmlagcﬁs ihtglluds man; in 081) accoun in addition to the old accounts

the samegn

ldraft on these accoun

THEA TRE

ﬂHI ‘

‘ MONTAGUE-SAT. mu. soums -— MON. Nth

noted above we have reaeinved 819.- 600.00 as esiiniailed urwoilccicbie. For the some reasom as in the case of arrears of taxes, we have not. calculated interest in comput- ing the amounts owing on street.

Assessments. The situation here is practically that in regard to

..“*e.....**.r’......°°“'-'“:.“ ::.*"°°i....“r e ee as e case of Street Asseosmen

of side- walks, however, we know for 1 foot iihai. a considerable number of

missing, as we have found pay- ments on acounis for which there are no lednter sheets available 14: present. Whether

are still unpaid beliamces on these missing sheets. we are unable to say.

On sumarizlng the ledger. io- irether with the loose sheeis. we found balances outstandhig as st December 81, 1931. in the amount. of $2,705.56, which was $6'i‘1ﬂ greater than the amount which had been set up as at. that time. _ As in the case of street Assess- mecnts, we have brought all bd- anoes ton ﬁéesﬁaloose leaves gnu]: accoun. an ve prepared which are being sent out to y owners for veriﬁcation o e total srnmmi owing. Until wp have hadaohimceioheur fwmthesc people as to any irregularities that may exist. we can state only that

oral Bi k Aocoimt Ro- celvable as at Janusry 15, 1939. :- mounting to 35.724164. is as shown by the books of the City.

As noted many of these ac- counts are overdue and we have reserved $3,110.00 against. this item. Accounts Receivable Capital as listed on H-1 are various amounts drue from the Federal and Provin- cial Governments as contributions to the cost of Capital Projects.

Capital Assets and E pendliure

The valuation of these has been adjusted from the flitunzs shown by ihe Clt.y‘s pgliiribedgaastigyemcnias as at JlIJl'u8.I'y 1'5 . 1 . Mich items as wene found when endeav- ouring to arrive at. an arithmetical balance between 1.932 and January 15th. 1938. as noted before in this report. To this has been added capital Expenditures, less amounts received or due on these expenditw ures from Federal and Pmvincial Governments. for ihe Your ended January 15th, 1939. Details oi these items appear on statements C~'4l to C-13.

Overdraft the Royal Bank of Canada represent.» '0: actuelovep as at Jan-

.. _ 1.. and are the accounts paid by the City since January 151.11. 1939. for goods received m-ior to that date.

Accrued Bank Inienwt is the 1- mount of overdcnfl inici-mi ac- crucd on the Bank Accounts shown on this Balance sheet between ilgsvéuary lot, and Jonuu-y 16th.

(To be Continued)

Japanese Airmen

To Circle Globe

VANCOUVER. July 12 —-((JP)—- A crew of Japanese airmen will fly across the Pncific from Jlpiln to Vancouver next month 0 the firs of a. goodwill fl round t. a world. according ‘ received here today by Japanese consul B. Nemichi. .

The consul said advices from Tokyo is ‘Ohio cruising speed

coo miles on hour. fli hi i "E by war 0 .

I e n . -

Th ble to the haul led

him i«oc:i-rungs snogfﬁﬂonforuihe

#1; no is V in am of

-1 eiely know um‘ us ‘

x".i..:°'?*°.i. ii." .-°.:***"° "-"'»"‘*’ world." Namiahi uliI._,

such ledger leaves are dei‘in.iteLy~

Nofdj

05-’- in light and dork shades.

1 ll $“..:.:°‘?'. .“.’_.f,?., 1 50.

Indies’ White Purus to sell at 5943.; also Ladies’

Flower Purses. cu

Prioe_..........

Ladies Chenille Sweaxm-I in colors Rose, Tur, Pow- der Blue and Grey. Size:

small medium & largeiat each .. Ladies’ Slilk sweaters, sl- sorted co on and

sizes. It each . . . Ladies,‘ Celsnese Hose, new summer shades. All sizes. Pair . . I Children’: Chenille Sweat.- ers, assorted colors and

since. P r i c e.

each ;.:.,o -mg. . . .

New Regulation Passed By CBC

0FI1;I;1AWA, Juli 63-(GP) -3 T9!“ % P532 0 Governors of the Brood- -cas -u. prohibiting the

employnienf of electrical t.mnldrip-

tions when these no mod to en'-

‘cliiznveni the cor b in ons cove

was announced by the 0.30. here

The mzulsiion reads: "No one shall b mum of 5 me- ioll reproduc on or otherwise broadcast.

any! program which

achieves indirtcclotly. by on evasion,

regula n o ruling

prohibigs from dimctly

w an 3 of the ‘corporation I315 broadcast . and which 253:4 ‘i‘..°u..°"°°i °‘ "‘°"".m‘ ‘'35 c K 0 a-W DIVE‘! speech. the simultaneous broad- casting of which over 9. network or Fwkun is contrary to ngulnn tions or ruling: of the corpore-

iian. '

mumuir nwu AND bovm scnoou

The school closing concert of the Murray River uxd Dover Schools we.:hsldinl«hePublioHI.il. June 291111. at 3.00 p. m.

The concert was by the Women‘: Institute. who Uwuded prizes to those standing hiirheut in their undies

-rn mowing’ ' . which was eunfger the d of ms. Welter Dclzid, wu ’ceoi-led out with Mr. Bani. Beck. Prindspll,

as chwmnn. . on-us-—0 by schO%n1n¢ Oh cumin.

Exercises-—'1‘en Little Girls. A 999%-—4lC81'$lI}l

FLIT

Iloimliold

riv on

In‘ All Sim

‘Interesting

Dresses. All sizes to sell for .. ._. ._. .

Costs with zippers. sorted colors. size: 14-20, at . .;

rose, or id. blue and black. Each

with zippers. All sizes. Each

colors. Sizes 14 to 44, to sell (or . .

pp Arrivals‘

.1/W"

In Elle.

BASEM EMT

Juli arrived, Ladies‘ Flow- ered Voile Scarlet O'Hara.

1 .00

Juli n.rrivodfIAdiee' House at

1 .98

Lldioe’ Mesh Beret: and Scull Os 3. colors. white,

1 9:. Ladies’ House Dresses.

1 .00

Ladies‘ Printed and Plain Crepe Dresses. Assorted

2.49

Ladies‘ white waiiie Jlggec

Couis. sizes 14

to 20, to sell for

Indian’ Cotton I p 0 r t sweeten. Colors 1 coral, white, maize & blue. sizes

732?. ".‘§:‘.§.‘i”f :7‘ 49¢. ‘ .’.‘:2f...‘.f."¥..‘l‘ii.“;‘.‘.‘.‘.;".' Eiizl iZ‘£"f”.f’.“.’..‘_f’..°.°.'T 1.00 ‘”°*. Pair . 0;... ._».,-.1.;.,. Bath Towels, 39 x 19 in,

to sell for per '.

Ladies’ Ribbed Silk Dress-

es,’ plain or striped. As-

1 .39

rMG_D|lE e. MFLEOD

MONDAY, JULY ml.

3.00 P. M. —Grand Street Parade-Historical--All Provinces to be re- presentodr—Hiyh1anders, Light Horse, Medi'cal'C'orpa. Slanallers, Girl Guides, Boy Scouts and Canadian Legion, Four Charlotte- town Bands, Patriotic Flag Rockets.

sorted colors. Slel 14 to 20, at

inc Porter. ievrecitetion-«Amlie Lou Jordan. Recitation

wine’-. . and my Mac- nu'mcise—we'11 all come mi: —

Six Girls.

HeoiMfJon-—IsiIibel Panzer

buet.-—Leun ma zeisai Mm- Exemise-How Glad We Are -

IUD! Dr

‘“iaox..’2'i“"

noiit .

oihn Pcd —Vb.ndn. nan- Ponitxnnine-— riahlnz —- Clayton

Nicolle.

Dialogue-—aett.in¢ Even with sis-

ters BMu——Dovsr School

Rlose Wh . Awainilnrof Prizes and Outi- Presi-

o¢i}l'IoW ' Inamt M. ' dent axneaame ilémvtc

as follows:

iiomiies MIG. (Dr) L. Brehillii-.

#33-“=“‘°

Ml!!!) INVCI

Grade I (b) —Hez-icy Guide I (1) -— John Grade 1’--Arnntt White. and

I0.

icolle.

ands Hemat-

Clnde D!——- it: Goeboe. ands —Ax‘nfite ‘Dutney.

' Dover G:-nae X—Inis nowlel.

._ iiiwiv 9

before you go fishing

Per boiile -- -- —

Pup\z. hél1_.ML\ry Meken Much -

Scunden. to

PS1? I_._._- e - . . - -;p;o; (s:1hildren’s Cotton Dresses, zen 2 - 4 - 6. 6.

Each...........

6 ad: rx- H " white . Ginde vm—Iv':::y maexeﬂﬁé. Grade VIsI—Haaal Miwlaure.

- mode lilt--nI’3)olx>y~Munn. G11d¢II().Georg! Gaul. 11 (9) Babb)? Wniiaway. Grade I -—Ca.:~1 lidhcxienzie.

Mr. Bani. Book. Principal of

River School. presented

was - or .

°°?.i““‘°“<°r?..i° ““.§u‘z‘i“°l”“i..’i.‘i’;i?

Rose White otter,

mama P nbunlfimounliiounaeii

Glen Jcnkinzi. Georgina Guad-

Grade 1x—-1. Jegneiﬁ dme‘

lﬂldrd POWER’. 310 Jennie Beck. Isabel Maiolienn. M8-Y‘ Beck

ohlitmen. Reciiici.ion—Chnirle| Alla’!- °w u*°°.*..::::-° W 4"‘

ciao 0 - Gogyseve the Kink.

Joy Kerrinc. Lelia.

SILENCE 0081.‘ MONEY

AT “mm 1-our wAsnn~'G'r0N

N, Y.

, gvyngfyagfi ahediafc. NB-

‘line Mind’: {or amendi- i -2

\ New Improved

IIAHD srnivrn

25c, 506. 31-00. $1-35

. L . 3159. f iiﬁiiiiin, fsmv.

-r «-1» -i N5‘