.c.»,_;~¢1»»».,»<»~»7-1.' 1 i 1 t `1` li §l, ‘iq *.1 __ rf . ` V, 1 1?. ,T 113 _ 1. ._ 2_3 '¢`.`&` _._ ..._ _ ,__ ] t I I I 1 ( G \ 1 '/ :'C*:-"1~r:':`*'-°-°f~°~.-»-c :C .A il n il 11 (_ lt S ‘ ii _ (I1 ti tl tt (1 il of hi l`r ul iv 64 5, __ P1 th in M 0': » cr co ‘ so _ i ha 1 ‘I f sp lm l pl 1 , 1-11 ‘ cr , to : , nu ` 5 1111 ' pl; 1 lit 1 Al .| th 1 UD __._____ _\ cn li I qt] 1;: 'l lm _,UD ia ft Ja ai _ ‘Juv it 11' its 1 1] 1 _ I ritomr A ~»-~ l ,>- :U (J 1-A > Z ____ _ _ J_1\.NU_ARY 27,1920 L' -1 l l I ll 1 1 l ll ’.`l hi 6 A 1111; uliilliiitillwitclliiiliiif' ' ElGH'l'Y-EIGHTH The Bank of Nova Scotia cnpldi Puls-up. $9,voo,ooo 1=1.¢¢»11» F111111. s1a,ooo,oo0 Balance Dec. 31st, 1918 _ _ _ . _ _ _ . . . _ _ . _ _ . _ . . . . _ . . _ _ _ _ __ S 749.694 S' Net profits for year, losses h_v had debts cstiiiiatcd and provided for . _ _ _ _ _ _ _ War Tax on circulation to December 31st, iqio _ _ Conlributionto Olllcerx' Pension Fu11d_ _ _ _ _ _ _ _ _ _ _ __ _ Written off Bank Premises Account _ _ _ _ _ _ _ _ _ _ _ _ _ Traiisferred to Reserve Fund. _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ 200.000 0° Dividends foryears1167, _ . _ _ . _ . . . _ . _ . _ . . _ . . $1-33|1333 35 llalunce carried forward Deceniber 31st. 11119. _ , _ _ . , _ Balance December 31st. 'Transferred from The Bank ol` Ottawa _ ._ _ _ _ _ _ _ _ Tranisfermd from Profit and Loss. _ _ _ _ _ . . _ .__ ____ _ _ Ball1\Cel`or\\-ard Dcccnibcr ‘ist ioio _ _ . . _ . . _ . _ _ . _ _ _ . _ _ $8,000,000 00 GENERAL STATEMENT AS AT DECEMBER 31:1, 1919 ~Capitll Stock pnid in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ So,7oo,ooo oo ReserveFui1d_,__..._...._________.....18,ooo,ooo oo Balance of l‘rofits, a-1 per Profit and Loss Accoun1._._._._ _ _ _ _ _ _ _ _ . _ _ . . _ . . . . . ._ 7o4,17z 88 Dividends declared :intl unpaid _ _ _ _ _ _ _ _ ._ 389,754 51 _ - - S=8.79_i1927 _io , Notes ofthe Iiaiilz in circulation _ . . . . . _ . _ _ :_;,2(>¢_>,9o.- <18 Deposits not hearing <§\ 1. .~z>ANIr.,_ __‘, in _ ,, , "cr" ANNUAL RE1>oRi PROFIT AND LOSS _ . _ _ _ _ _ . _ . . . _ . _ _ . . _ _ _ _ _ . . _ _ _ _ _ _ _1,o25..i7_S__',t1 i21675.l7_2l?_0 89.666 67 ioo,ooo on zoo,ooo oo 701. I 733? $2-6_7L!2_90 RESERVE FUND 1918 _ _ . _ . _ _ . . _ __$12,ooa,ooooo 5,8oo,ooo oo , 2oo,ooo oo _11.. LIABILITIES Morulng`l)n||y (ltnillilvd 1887) $4.00 per your (tlt~Ilvv|1-tl) In |1<|\‘nm-1-4 53.00 vel' year tmnlled, In utlviinct-, In Uunmlu, und IILM) for U. .§'. A. 1 M111. A. A. llurlelt, l’rt~nld1-nt. J. lt. llurnetl. I-Editor :mil I‘ul|I|»ln~r. I). li. t'urrl1', Aunurliilv l~'d||1»r_ TUESDAY, JANUARY 27, 1920. '|'_\K|Nts '|‘ll1~I 1't'l_:~11-I 01* '|‘1t_\D111l\1111_l . _ _ _ . , 5:_=,,71o Loans to gmeriliili-11ts:1nd nitiiiiciyiaiilics _ _ _ _ . _ _ _ _ _ _ _ _ _ 1.7_|6,545 1/' Other current loau_~l and tliscouiits 111 Cztiiada (less rebate ofi1itcre~t)_, _ . . _ _ _ . _ _ _ _ . . . . _ _ . _ _ _ . _ . . ._ (6.171,4.|7 Other 111rr1~11t loaiis and disvotliils cl_~c\vl1crc than in 1 all 1:- 01. 4_l 1 ss nb tie of111tt1t‘~1t 1 8 80 Ca;at.la_(l1:_' -: ' ._ _, 1,696,53 Liabilities ol`Custo111ers tlildcr Lctt1_~r_s ut Credit. as pt-1' co11tra__._.. _ _ . _ . . _ . _ _ _ _: _ _ _ . _ . _ . _ _ _ 485,057, Overdue debts, estimated loss providc<.l for. _ _ _ _ _ _ _ _ , _ _ _ 1oS,S73 29 Bank l’r1_‘_mises al not more than cost, less amounts written oll` _ _ _ . . . _ . _ _ _ . _ . . . _ . _ _ _ . _ _ _ _ . _ __ 5,015,914 Real I-;_~.tate other than Bank l'1'e1ni_\’c_~1. _ _ _ _ _ _ . _ _ _ _ ._ _ 166,175 4 Other assets not included in the foregoing. _ _ _ , . _ _ _ _____2£a_,_o55 oi "2 56 8 §_;§B,278.72Z_0§ c11AR1_1~:.<. ,titciiiii/t1_11, 1~11-11.11-111. 1-__ _\. 1t1c11_-\i<1_>so_\', <1.-111.-121 .\1a11=g=1. J AUDITORS' CERTIFICATE we have e~11111n¢1i1111,11.11111f uno =1_1111111~ 11t‘r11= 111111. 111 Nou Scalia 11 in chief more 11111112111 114111 mv11|1|111111.11111»¢1i111-<1 1»1i11111~ f11111_1 il1t~ 1111111111:. and 11»1111111l1n111¢ _111_111¢1_i1111111¢11i1111_1.1111||11=1 and A-To is ,1 1>_f=11111=1;111i.1Y1¢_n|1 111 111:1-11111111-.1»_1i111¢1~|111. T11|111u1l< _1111n1111.111n 1111111111 1111111- xtn In can 111111.11111 11.tl1e 1,1111 o :ct agp 111 ~=1¢1.1<»1_111¢_r1111:_1J»__;: 111.-111<11r._11t__111?112:1;li 1;¢5$n1-¢1111¢11 by in no .11 111¢<1111_s11l111111_11»;> 1>,¢¢u1 1 31_~\. 1_1119..1i;1 11_s __ __;111___~1_fv_1_e _an 15' <_e_»111l canln|tra11r11¢11»_1-1111»¢1 1st. nl .I1 111i1i'yve11y11'11.111 111111. ,.1 111 ¢1111t»l1.11111u11.|11.f1»11111-» 1111111 ~n11»-1.nl11~1111n\1'»_1lral1~s11111.lln¢ 1111l1¢ 11=11.111111'11111»111111i11111a111111_= ¢1,.1.111111111. t1lv111111111__111_11. ~_111.1111 1-, i11t~11111111~» onlie :1111111_ A. 11. 111100111. C_A. t 11111111111. c.11.;11, 1511. _i11111uy. im. 11f111¢ mm ofi»11¢=. w1111i11»111=a1 cs- Q 1:1. a1.1<_ _»1_~c1_i;1.1_A.\'D. c./1 f‘“‘""”" ._ _ t____._~-= Natural Industries The growth of the widens the miirket To be able to take advantage of this increasing market und prove a financial success, a manufacturer must- country, year by year automatically for our natural products. -Have available raw material as cheap as, or cheaper than. any oth- er country; -Have power ut low cost. (prefer- nbly water power); _ _ -Have a well defined business pol- icy; lthc present situation which are 1'eg;:1'cled as unheal- thy and business men are \varncd to read the signs and see that they are not carrying too much sail. 'l"hi°ough all the reports emphasis is placed on the fact that Canada cali face the future confident in her abil- ity to maintain prosperity if the people will but recog- nize aiid appreciate the need for production and the necessity for reaching ai more stable state than one based upon drawn-out war time inflation. To attain normal prosperity will mean a ieadjtistment and that readjustlnent may prove something of a shock to those who are not prepared for it, Greater industry and less ext1‘avuga1ice are call- ed for in order to nicet inevitable reaction. Sir Ed- mund Walker points out that present production is not sufficient to provide for our needs and meet na- tional obligations while the people are spending ,moneyfor imported luxuries with uilscemly extrava- gance. The present prosperity, he points out, lacks stability and he refers to the false deductions drawll ifrom statistics based upon values i1i_ terms of pre- lwar dollars. The safeguard he proposes is greater lproduction and less extravagance l l ` '1‘1tl<:111'_\t_\N 11151111. Carefully compiled statistics show tliat out of ,every one hundred men living at the age of sixty-five, ‘three are self-supportiiig; two are living on their isavings and ni1iet_v-h`vc are living 1111 charit_v or their - relatives. It is a poor showing and almost iiicredible but we have no reason to doubt its acc111'ac_y_ Only five out of a hundred are able to keep themselves and, of lthese five, some are immensely \vealtli_v, owning much of the wealth rightfully bcloligiiig to the ` 1ii11et_v-live who depend upon charit_v or rcla’1ives for a living. The figures were compiled in the United States and include the slums of the larger cities; include the down and out and the n1ult_imi1lionaire; the hon- est and the dishonest; the thief and his victims. In an agricultural country like ours these fig- _ ures would not apply but if we had the actual 'statis- , tics even of our own properous province they would be almost 'equally amazing. We have no extremes of wealth or poverty, yet we have our comparatively wealthy and own comparatively poor, We have those who inherited wealth and increased it, we have those who inherited nothing but sound minds in sound bodies and have succeeded; we have those who are heirs to misfortune and to want and who depend upon others for a living. Averaged up, if such were possible, there would be enough and to spare for all while it lasted, which would not be long. Yet, here as elsewhere, the number of poor would be greatly reduced and the enjoyment of wealth greatly enhan- ced by a little more mutual helpfulness and consider- ation for the rights and the needs of others. Selfish- ness at once the barrier between and the cause of the difference between affluence and want. 1 ¢¢4.¢.¢4.¢¢444 »o+¢»-040-o-0-oof thers, beasts builtoill of spot- Daily Selections For 'ess W Oft we wonder as we wltlten from some fiiscliiutlng ilreaiii 'NllSBll`l`, THOMSON & COMPANY 2218!. James Street, , MONTREAL, Que. -liiivc 11 suitable location and inodern plant and equipment: -Clive perfection of manufacture in both inuterlal and workinunship; »-have an cfliclent selling force. We wlll shortly offer a Preferred Stack Issue ata very attractive rate, which wlll manure up to those requirements. Mil' we furnish you with particul- an? LIMITED Guardian Readers Furnished by W. S. Loiuon 1 O-O-O-O-O-6-0-04-04000-9-6-00,460-O-O-C THE PICTURES ON THE PANES When the nutvliin lcuves are 1lrllt» ing in the hrecze that hur- , ries by. Where the sil\nL trees are nutlir- ed. sharp and cleur against the sk_v_ When the lilrdg hnve nll departed, save 11 lonely crow or tivo, And the brook gleaiiis cold and steely its it winds the iiieii- tions llirough; You can scc heslde the window. while the rosy twillghi wsnes. Troops of llttlv furry fairies, paint- ing pictures on the panes. Pictures, of enchlintefl forests, flllcil with wcliil and spectral light, ‘ Every bow an :itch of jewels, 1-very hlossoin frost white- Of 9,' jewcllerl coh-wt-b forei-it :ind a slender silver streuiii, That \ve’re sure that wc reineliiber. where ili ‘this dull world ot ours, We have ever chaiiced to wander through such bright and illmy howers, Never even hail! suspecting tliiit we snw tlicin long ago O11 the panes the fairies painted hi the wi11te1"n twilight glow. Ily .lAS_ .l_ MONTAGIIE, _-1-Lf ri 'ffl ;= _Q ff _..~ Kb] /:{* _,r» 1*” ,~r__~».1=11a> 1. -~ _,_ _ _ 1 1_ \/‘_ \,_ __ 1* ’ _ in ”<'»2_;r' 1 , 1 l 1 1 1 1 gpg _ bring the great aut;_omob11e_show to .your own home! 3 1 -1 ‘.1 _if f*"€»‘\ ` »~- =- .1 1,~ _ 1-,f._~ 3;., ,_'__.~` ' _'J __ _ ~. .;;1_; '_'*- '_' _sf , £5, -_ ,;~_¢i‘a»~»_L».,=,; ,_ ~ i'é:';‘:=i"*»-T`~"-?"°l3`¥\i" ' _ "" "‘ 2' §/` ' ' ’ *$'5‘-.’*_‘_~`=\.'- ._ _,__ ____,_1 _ __>, = _*.2 ‘ ~\ 1'1»"1 .1 _ YQ C ' _"H 1': /5;) _'fa' . - _~__»j-,_»_~;__=~_1'»,_~.__, _ __ , : i- . 'gf' ~;" i - - ~ >»_>»' er-1;.=‘ f_f1‘»,=€_f‘?“" VN# _ r f , _ - _ _ _ .-__-___“_ f 1 __~s as _ -M _ e \ \\_ --<3 ‘ -1** _ =__._ 1 "° / if 11?" ,` 1 , _ _ _ ` ?` ' .tb fi' - \ \1`~ \\ ‘_ ii \ 1,, _ ll _ l ////9 *l" r` 'W * xi so 1-_,_ f 111 1, If '_ ,_ ,_.,. _:f _ '_,._1_'~;;1' -'g,~_”.,_-Ll -_'_ _.~‘ _ -1' 1.5 1- - 1 f,- , <. -L-. / _ -i_;,-.f'-'1'/ »1i-till* 1.11, _ ‘ l'l‘.';_;;..., 1 1 4,15. _ _ ,_-l,_f;_11» /1 _ .i ta-_ Bl L 1\l:.,_;_r.‘_-"32 _ ,,,,__-V,-1 ft ,-"._,.1 _= 4 -. ,,1’.~;_`l A ";» 112,.; .‘ _-`1;_;= ~’~ I* ~.*.§h5-‘.."11l11‘;§-"~_1"'.'c..1lZ1 1 ’ » .~- 1 ', ' _T1 'fi' Q ` 1' ~‘~`»7."riél'1i2~»>'11-`-.`_1.¢'.-_/' "i'~ ='°f»_=`°f"_= , _ '- 1 _ ' A ‘1_ l » ' 1 -_ 1 1 1' = _ /_-_ /.7/,' _ _ \l3\ _ ,_,>___ ».'.¢,.i/ _ ififa _ vvarch 5. ._< ~_,x`j`§_> .1 ,.19 _ rs _ __1§-_‘_A =l»=¢';<;'=, 2 cost of yet no WHY CAN'T WE SEE IN TH§, ' DARK? i We cuiiliul sec in tho d11i‘k'be» cause there is no light to seo by. To titlrlelstziiid this we niusi first iiiiderstand that wiioii we see 11 thins. as we r_ciiel~.1l1ly say. wc 110 _ not iiciitilly sec the tiiiilg itself. but 1 only the light cunilng from it. But I ive have licconle so used to saying _ that we see the tliiug itself that for l all pructlcal purposes we can ac- cept that as true, although it is not scientlfl-cally exact. Scientific ally sp..-nl:l;:;', wc see that part_oi tho sunlight or other light which is shi11‘iig upon it, which the ob- jcct is nlrlc io rt‘ll0Cl- lt’ therc were no ziir about us we ` could not lieiu- any sounds, no iiiat- ter how iiiuch dlsturhiiiice people nr1.l1ingscro11te1l. -licciiusc it. re- quires .zilr to cause the sound ivaves which produce souiitl. :ind air also tu carry the sound waves to our ears. In the same wzry, if there is no light. to produce light rnys frolii .my given object to our eyes. We can soc nothing. It requires light wives to p1‘o1Lu<:e the reflections of objects to our eyes. Without light _ our eyes 111111 their delicate organs are useless. Yoti cannot see i'011l`- self in a iiilrror when the ll\110k'9ll' ver which was once on the buck oi’ thc glass has been removed. be- cause there is then nothing to re' fleet the light. 'We can only see things when there is light enough about to reflect things to our eyes. When it is dark there is no llsltt. and that is the reason W9 Can“°'- see anything ln the dork. wHv cAN cA'rs AND SOME OTHER ANIMALS see iN They cnnnot see hi the real dllfk any more than huninn beings. These animals can find their wtti’ in the dark and can sec more tlttlll it human lieiitg, because ot one dis- tinct dlfference in their €Y05» .which may he the considered ud- vantage. The pupils of their eyes can ‘be made much larS6I‘. nnd they can, therefore, lot more light lhlfl their eyeii than people. The re- sult in that when lt ls so dark that you cannot seo a thing and you de- cide ll, is really dark, the cat. can still see, because there is always n little more light loft, and she can open the pupil ol her eyes ann make them larger. tliuii letting in more light. and the little bit of, light thercls slilllert gots into hor eyes and she is able to seo. 'But in a really dark room a cat could see no more than you can. You our eyes open and shurmore just like those nl' the cat. lo the intensity ofjthe Mercantile Trust Bldg. ~ HAMILTON, Ont. ' 80617 Bunk of Hamilton Bldg. TORONTO, Ont. 1813 ,Royal Bunk Bldg. LONDON, Ont. l _y Pictures of ziiiuizlnz cities such or only f.ii1'11's sec 1 In the world beyond the rnln that l~i closed to you 1Plcture11 how 1| P. light. dark iinil bright out of the the sun eyes Y .-._ _ __._._._ _ _ -1 CARTER & C0. MARITIME STATIONERS MISS F. MCCAREY, _ P.‘E. l. RAILWAY NEWS C0. MOTOR MAGAZINE liME_llYWHllRE FOR 3.5¢. use it for an your baking Tv '"7 ally 1l1e iuY'1,- ""°f- "'- ,1 »»+»~+~»~»~-f~~°+~l 1.-__-1 111'?;...il1_3.?`¥._°’..i.2. Lili.; More Bread and Better Bwlfl wltliotlt sqrliitiiig, 1l\_\'tni11v ` tl 1 _ :-11111i`gh1. ll’_ tliei1,'\yoii uieiientlo Qnd BeuB|,° P&8h'y _ _ , right biicit into ii uuric or shiidctlf ` .»»++¢»»~¢»~»¢»»»»» 100111. _von would naive to watt 11* WesternCanadn FlourMill| iiiomciit or two before you could, Cqmpgny Limitgd see tlilugs distinctly in the room- _ -|-ORON-|~0_’H,,d 05,, until the pupils of vour eyes midi ._ _ aunmm _ __ . _ _ ,__,_. _ __ _ _ _ iillateti tbecome lar1;c1’l, so its toil ict enough light to enable you 11,1 soo no1'1n11lly_ Tue eyes riutoiiiaitl cally enlarges ann cuiitructs tliel Pupil Of U10 eye. to enable us lo’ S29 dlfilillfily In either light cr) IQBS llglll. placeg_ Ei . ’<`=l_©'©f©`© B@@©_©_©_©_©_©@@@@@©©@@©©@©©@@@@@@©@@ ll Compared with other foods the` _ ' nourishes so much as C BIIEAD BAKED FROM cuss to the llc-drying Plant. _ lls qualify is known even. in the utiermosf 'corner of Canada. _ vooAcco Smokin andChewing esshaef A . _,-$1 __ bread _is /insignificant, food costing so little, Wlnnlpq, I!undan,C|l||iy, Edmonton, M»11uu|, Dunn, S1. John. Godmeh Extraordinary Cut in Prices on Ladies Coats and Dresses X Coats Worti $75. for $50. 4 Salts' Plush with Dolman Sleeves, Black and Brown. Also 1 Blu-‘_ Cloth. Coat, with Fur Collar and -lined through with Satin, must go at ____________ “$50.1 0 Cloth Coats ' in Black, Blues and Browns, various styles and sizes. , GOING CHEAP ? CHEAP ‘P Ladies Fur Lined Coats. $85.00 for $40.00 All Millinery Go Dresses Worth from $20.00 to $40 00 at Half Price 14 Dresses in Scrqes, Gabor- dincs, Vclvcts and Jcrsev Cloth Popular stylcs'witli iunics and embroidery trimmings, various colours and-sizes. 1 _ (hild1en’s Coats $15. for $l0_ Cliinchillas, Cheviols a n d Tweeds, made with straight back and front, belt and pockets, or with yoke. Sizes run from 8 years to 14 years. ng at lliilf Price ` Fur Sets' ` A Including Fitch, Wolf, Grey :ind Ped Fox Sets, Mink ard Marmot, Capes _and Muifs of Squirrel Seal and Persian Lamb with Fitch and Sable Trimmings. Special prices one set ol’ each., Ladies’ and Gents 'Fur Coats _ We have 11 few Fur Coats left, of the hest quality of fur in Coons, Marmouts, Seals and Dog Skin. Selling at ,prices that we could not buy them for again. Corsets Worth up to $2.25 Going at Hall Price I 50 pairs, they are strong, well finished with lace around lop» long and short skirt. Comfort and grace assured in this Corset- s;A_, / \ ___ A ( __ l vqW___!j,_ _ r ,; w1~§»;,=_ .' » » l " lt. 1 li" , ‘ ~ _ _ _ ._ .1 ~ » 'roBAcco SERIES N0. V “>»‘f.<-I .. ‘*=-z ' \¥"° Wagons \\;:1Iri:u\, to convey thc raw leaf from sale; Sizes run from 19 to 38. AT HALF PRICE. , 5 C tDS A l l J ~ _:_:m:_v_‘_______;'.»-. ' 1 ’ /_ 1 U/ ~¢ _ 1 W h 4oo pages Iooo pictures ‘t