The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

I - break of the European war. . the bank, as indicated by increased ‘ pension Tilâ€"ll ROYAL inn ISSUES ITS STRONGEST STATIC- IIII‘INT. 'Cash on hand reaches record level of 17.93% and liquld assets total 46.16% of liabilities to public. Bank writes off half a million on value of investments. Surprising results under exceptional trade conditions. “The great care which has been exercised this year by the larger banks of Canada in maintaining them' selves in the strongest possible po- sition, and in this way being able to guard against any developments that might arise in the country, is striking- ly illustrated by the showing made by the Royal Bank of Canada in its an- nual statement for the fiscal year end- .Ing Nov. 30th, 1914. A close study of the general state- ment of assets and liabilities would seem to indicate that the management has given its every consideration to- ;wards keeping the bank strong both In cash and immediate liquid assets, .Such a policy being rendered advisable ,bY the very unusual conditions .brought about in Canada by the out- In order {to maintain such a position, oven op- ,portunities for profits were apparently ignored 10 some extent, but as a result the statement, as a whole, is perhaps the strongest ever issued by the Royal Bank and at the present time this should be as satisfactory to share- 1 ' holders as it is reassuring to the pub- “0 generally. Under the conditions it enables the bank to play a prominent Part in helping the Dominion through {an Unprecedented situation. New Record of Cash on Hand. The part of the general statement \which is of particular interest is per: haps that which shows the cash po- sition and the liquid assets. At the ICall loans in Canada ' 8,574,056 Call loans out Canada 6,080,847 Liquid assets . . . . . . . . . Cur. loans In Canada 84,585,973 Cur. loans out Canada 15,002,488 Overdue debts . . . . . . . . 568,198 $171,401,337 Real estate . . . . . . . . . . . . 600,000 Bank premises .. . . . . . .. 5,861,180 Other assets . . . . . . . . . .. 1,541,536 Total assets . . . . . . . . . . $179,404,054 To the public:â€" Liabilltlee. ' 1914. Circulation . . . . . . . . . . . .. 8 13,505,255 Demand deposits 31,224,129 Savings dep. .. . . . . . . . . . 104,827,078 Due other banks . . . . . . . 2,536,701 Bills payable 744,389 Acceptances .. . . . . . . . .. 1,481,717 Total pub. liab. . . . . . . $154,319,272 To the shareholders:â€" Paid-up capital .. . . . . . . . 8 11,560,000 Reserve . . . . . . . .. 12,560,000 Prev. balance . . . . . . . . . . 614.062 Divs., inc. and pay 350,719 .uno' - $179,404,054 Profit and Loss Account. Balance of ’Profit and Loss Account, 29th November, 1913 . . . . . . $1,015,119.58 Profits for the year, after deducting charges of Management and all other expenses, ac- crued interest on de- posits, full provision for all bad and doubt- ful debts and rebate of interest on unmatured bills 1,886,142.67 . - . . . . .. $2,901,262.25 Appropriated as follows: Dividends Nos. 106, 107, 108 and 109, at 12 per cent. per annum . . . . . $1,387,200.00 100,000.00 Transferred to Oificers’ Pension Fund .u...-. Written oft Bani: 'end of the fiscal year, the amount of lcash on hand reached the new high (1031:3355: A°$°“n})'t-r'i: 250’000'00 ,level of $27,683,855, which is equival- otic Fun; 0 a 50 000 00 ‘zent to such an ample percentage as Depr‘dau rs ' ' 17.93% of liabilities to the public. melt 0- n “35‘ -00 000 00 This account compares with $21,466: 3 ' ' ‘ ' ' ' ' ' ' ' ' ° ’ ‘ Balance of Profit and I209, last year, which was equivalent to Los . d f V d 614 062 95 33.83%, or an increase of over $6,003; 5 came 0m,“ - ' "' . 00. Including the cash on hand, t e ,. i‘liquid assets amount to $71,244,677, 32'901’262'2“ which is equivalent to as much as 46.16% of liabilities to public. The principal accounts in this department include notes of other banks, $2,525,- 205; cheques on other banks, $5,752,- 485; balance due by banks and bank- ,ing correspondents elsewhere than in H. S. HOLT, EDSON L. PEASE, President. Gen. Man. Montreal, 18th December, 1914. The annual meeting of the share holders will be held in Montreal, on Thursday, January 14 next, and the resume of the president, H. S. Holt, is looked forward to with considerable Canada, $3,144,502; Dominion and . . Provincial Government securities not ‘QtereSt m financml and busmess ‘exceeding market value, $1,158,568; “Ides- Canadian Municipal securities and , ’19-â€" lBritish, foreign and colonial public THE KAISER’S LATEST iggibriéies, other that:i Canadiarli), 3&2,- ULTIMATUM, , 6 ;‘ ra lway an other on s, . Idebentures and stocks, not exceeding G0“, G0”, dear GO“) attention market value, $13,557,741; call loans [bleasei in Canada, $8,574,058; call and short loans elsewhere than in Canada, $6,080,847. . lndlcatlon of éontraction lanrade. I With the falling oil! in general busi- , ness in the country, the current loans have naturally shown a slight contrac- tion, these amounting to $84,585,972, as compared with $86,989,390 at the end of the previous year and other current loans and discounts elsewhere than in Canada $15,002,488, as com-1 pared with 815551094” Growth During Year. Even under the unprecedented con- ditions that prevailed, the progress of deposits, was most satisfactory. De- posits not hearing interest at the end of the year totalled $31,224,129, as compared with $36,276,871; at the end of the previous year, while deposits: bearing interest, reached a new high level at $104,827,078, as compared with $101,900,790. The total deposits aggre- gated $136,U51,208, as against $138,- 177,622, a decrease of approximately $2,000,000. It will be remembered, however, that during the year the Bank repaid the deposit of the Al- berta and Great Waterways Co., amounting to $7,000,000, and allowing for this, the ordinary deposits during the year showed an increase of $5,000,000. Large Amounts Written Off. The profit and loss account indicates that owing to the exceptional con- ditions, the management has deemed It advisable to follow a very conservav .tive policy in its valuation of invest- ,ments, and this year has made a special reservation on this account or 5500.000. ‘ The profits for the year amounted to $1,886,142, equivalent to 16.30% on we paid up capital. As the balance of profit and loss at the end of the revlous year amounted to $1,015,119, he total amount available for distri« bution, with the profits added, amount- éd to $2,901,262. or this amount dividends accounted for $1,387,200; $100,000 was transferred to ofiicers’ fund; $250,000, written ofl’ bank premises' account; $50,000, con- tributed to patriotic funds; $500,000, allowed‘ for depreciation in invest-l linents. This left balance to be carried 5 liorward to profit and loss account at‘ lthc end of the year, $614,062. l ' “The statement of Assets and Lin»; .bilitics, and the Profit and Loss acu rcouni, are as follows: I Assets. 1 1914. Current coin . . . . . . . . . . . $ 12,995,433 (Dom. notes . . . . . . . . . . . . 12,638,371 $25,683,855. ,(lent gold res. . . . . . . . . . 2,000,000 Notes and cheques . . . . . ‘. Govt. deposit . . . . . . . . 578,000 other banks . . . . . . . . . . 8,277,691 lDue by other banks 3,148,854 IGovernment securities 1,153,553 lMunicipal sec., etc. . . . . . 2,185,062 ponds. debts, etc. 13,557,741 Your bardner Vilhelm’s here, Uud has a. word or two to say Indo your ‘brivate ear; So durn away all udders now Uud listen vell to me, For vat I say concerns me much, Meinself und Shermany. You know, dear Gott, I vas yonr friendt, Uud from mein Hour of birth I quietly let you rule in Heffen, Vile I ruled here on earth, Uud ven I toldt mein soldiers Of byegone battle days, I gladly split de glory, Uud half gave you of praise. In every way I tried to prove M-ein heart. to you vas true, Und only claimed mein honest share In great deeds da-t ve do. You could not hat a better friendt _ In sky. or land or sea, Dan Kaiser Vilhelm number two, De Lord of Shermanâ€"y. So vat I say, dear Gobi), is dis, Dal; ve should still 'be friendbs, Uud you should help to send my foes To meet deir bitter ends. If you, dearGott .vill dis me do I’ll nothing ask again, Uud you and I will bardners be For cvrrmorc, Amen! But list-en, Goti, it must be might-y quick Your help to me you send. Or else‘I hat to stop attack And only blay defend. So four and tn’cntv hours I gii To make‘ (19' Allies run Uud put- me safe into meiu blaceâ€" Dc middle of de Sun. If you do dis, I‘ll do my bart: I’ll tell dc vorld dot fact, But if you don’t, den I must tink It is an hostile act. Den var at once I \"ill declare. End in mein anger rise I'nd scud incin Zopp'lin wage A light up in de skies. ships to Dis ultimatum now, dear Gott, Is von of many more, Mine mind is settled up to clean , De whole vorld off de floor. Because you ,vas mein bardncr, Gott. An extra. chance is gifien; So help at. vonce. or else I’ll be De Emperor of Heffen. â€"Van De Todd in Canadian Magazine. $71,244.678 flit} Lung DANGEROUS PLEURISY ALWAYS BEGINS THIS ‘NAY. Speedicst Cure is Nerviline. Ouch, that stublike pain in the side is like a hot knife blade in the ribs! Probably got overheatedâ€"cooled too fastw~now there is congestion, tightness, such soreness you can't draw 'a long breath. This is the beginning of Pleurisy. Picurisy is far too serious to neglect a single instant. Quickest relici will come from a vigorous rubbing with Nerviline. This trusty old pain reliever willfix you up in no timeâ€"will take away the conâ€" gestionâ€" make you well just as it did Mr. Samuel St. Johns, oi Stamford, who says:â€"“Iu running to catch a train last week I became much over- heated. I put up the train window and rods that way in order to get cooled off. In an hour my side was so full of pain and my breathing hurt so much that I thought I had pneumonia. 1 always carry Nerviline in my grip and at destination I rubbed my side thoroughly three times. The warm penetrating effect was soon notice- able and I quickly got relief. Nervi- line I consider saved me from a serl‘ ous illness.” Any sort of a cold can be quickly broken up with Nerviline which is a marvel for reducing inflammation, for relieving congestion in the throat and chest. for curing stitch in the side, lumbago, neuralgia. sciatica or rheum- atism. Nothing more soothing or powerful. The 500. large family size is the most economical. Small trial size 25c. at dealers everywhere. ..â€">x-__ Seeing Under Water. It is undoubtedly true that, un- der certain conditions, it is possible from a, good altitude to perceive ob- jects at a certain depth below the surface, but this is mainly the case with calm, clear water, with a far vorablxe light. In the choppy gray waters whichalbound round British coasts, a submarine would rarely be- detected, v re especially as the View from t) e pilot’s and observer's sea-s is, in tihe majority of cases, most defective act the present time, and the fierce slipâ€"stream from the propeller revolving in front, added to the high speed of travel, render the use of goggles imperative. But, in the opinion of a writer in the London Daily Telegraph, minor ddflicultieis suclh as these may, and no doubt; will, be overcome in time, and experience alone can show in how flat the aeroplane will] serve as a protection against submarines. '2‘ The Pathos of Life. One of the reflections, most com- mon to people of more than aver- age thoughtfulness is something like this: “When we go hence how little accompaniment we leave be- hind us, and how well 70116 world goes on without us.” It is as pa» bhetic as it is true of most of us. We do not distinguish deeds. We do not realize our ideals. When the most faithful worker dies a. crowd is ready to rush into the place 1eFlt vacant even if it be inconspicuous. Few leave a memory that endures ' for a. generation except in the hearts of a handful of friends. If this life is to be regarded as finezl we might be tempted to regard it as not worth living, it is so disappointâ€" ing to our noblest hopes, our loftiâ€"l But it this life is a. disâ€"3 cipline, a. )_)1»epa.ra.tory school, if the i chief gain of any life is not fame but I est ideals. character, even our dis-appointments and frustrations are prophetic. Life is a. cruel mystery unless its horizon be widened to include eternity. > 4 ~.‘_â€" an.-. MURDERED Put right out of business. a. whole fam- _ily of coma by Putnam's Corn Extractor, which cures cams and warts in one day. No pain or sore if "Putnam's" is used. Refuse substitutes. 250. per bottle at all dealers )p__ Teacher-~A train loaves London travelling thirty miles an hour. It is followed thirty minutes later by a train travelling sixty miles an hour. At what point will the second train run into the first? Boy â€"â€"At the hind end of the rear car. / _.____ Sometimes a selfâ€"made man makes a noise like a phonograph. was all r “but I Know. I know illut this day will never come again. Therefore I will make it the best day in which I have. ever livcd. I know that happiness is :i. liking wintliin, and it is always in the world and very near to me. I know I have but to search for it, and that as soon as I begin to hunt it out I have it. Also. I know that as soon n; I get. happiness and be- gin to give it away it. comes back doubledâ€"and moreâ€"to me. I know this. I know that work is a stimuâ€" lus, and that it keeps the world alive and moving. I know that the people who work with love in their hearts and interest in their brains are the real doors and benefactors of mankind. I know that, I can be a door and a benefactor. I know that life is exactly what I make it. I know that other people and other forces can influence my life and work only as I follow it. I know that I am young if I Live youth; I know that I am happy if I live bap- piness; I know that I am worth iEthel '1” asked her mother. while if I attempt and accomplish worth-while things. I know that the greatest thing I can ever do is to do my best at all times and under every circumstanceâ€"George Mat- thew Adams. .1. Papa Had a Grouch. Nellâ€"Jack, dear, did you call on papa to-dayl Ja-ck-fiSurve I did, but he didn’t appear to enthuse very much over my visit. Nellâ€"What did he say? Jackâ€"Why, when I asked him for permission to press my suit, he simply answered, “Why don’t you send it. to a, tailor?” >X«.__J. THE BEST MEDICINE FOR LITTLE ONES Baby’s Own/Tablets are the best medicine for little ones. They are guaranteed by a government ana- lyst to be absolutely safe and never fail cure constipation, colic, colds and smmple fevers by regularbing the stomach and bowels. Concerning them Mrs. S. Shannon, Urney, N. S., writes: “I have used Baby’s Own Tablets for my two children and, think tlhey are just what little ones need. I would not be without them.” The Tablets are sold by medicine dealers or b mail at 25 cents a. box from ’Ilhe r. Williams’ Medicine 00., Brookville, Ont. fl He Shall N oi; Want. “Yes,” said Mrs. 'Ilwvickenbury, “our minister has decided to go to another pasturage.” “Charles says I grow more beauâ€" tiful every time he sees me.” “If that’s the case you ought to make him call twice a day,” came the reply. TAKE NOTICE We publish si-mplle, straight testimon- ials, not. press agents' interviews, from well-known people. ‘ From all over Amenioa they testify to the merits of MINARD’S LINIMENT, the best of Household Remedies. MINARIJ'S LINIMEN'I‘ £10., LTD. When Ethel was five years old she wont to school for the first time. “How do you like your teacher, “Well, I don't think the teacher mamma. knows very much.” “Why not. my dear?" “Why she keeps _ask1ng questions all the time I" Mlnarcl's Linlmcnt Cures Cargct in Cows. An Irishman, hearing of a friend who hadastone coffin made for himself, exclaimed: “Faith. that’s good. Sure. an' a. stone coffin will last a. man a lifetime.” Minard's Liniment Cures Diphtherla. Thc “IIoncymoon.” A custom commonly observed by newlyvmurried couples among the ‘ancient; Teutons was drinking a wine made from honey during the .first thirty days after marriage. lTllE‘ use of the word “moon” was: i used simply to designate the period ‘ of time, one month. that. the use of 188 [E 1â€"’15. 'Llie wine continued. In no other respect. was the moon SIIPDOFBLI to have significance in the matter. Al- iibongli the custom of drinking this :particular kind of wine was long:I Vago a.bnu(loned,_tl1e _\l‘02‘(l thoneyé ‘moon has survived in a different lsense. It is now applied to the‘ lperlod after marriage. long or short, generally devoted to a trip. away from home. be And the less some people gin: , Delicatcly flavouredâ€"â€" Highly concen- WHY \VORRY I Choose your variety and ask your grocer for “Clark’s”. FARMS FOR SALE. H. w. DAWSON, Ninety colborne Street. Toronto. F YOU WANT TO BUY OB, BELL A Fruit, Stock, Grain or Dairy Farm. write H. \V. Dawson. Brampton, or 90 Col- borno BL. Tm‘onto. I H. W. DAWSON, Colborne MISCELLANEOUS. TUMORS. LUMPS. ETO.. internal and external. cured with- out pain by our home treatment. Write us heicre too late Dr. Bellman Medical 00.. Limited. Colllngwood. Ont. Machnery For Sale Engine, shafting. bolting, pulleys, etc. from large factory for sale. Wheelock engine, 18 by 42, complete with cylinder heme, fly wheel, bear‘ _ ings, etc., all in good condition. Shafting from one inch to three inches, pulleys thirty inches to fifty inches, bolting six inches to twelve inches. Will sell entire or in part. ' N0 REASONABLE OFFER REFUSED. S. Frank Wilson 6; Sons, 73 Adelaide Street West, Toronto. >- _â€"'â€"â€"â€"-'= Pleasant. Hostessâ€"I want you to sing, Mr. Basso, but it’s such a pleasant party I hate to break it up. 51.. TOI’OIHO. ANGER. YOUR OWN DRIEGGIST WILL TELL YOU Try Murine Eye Remedy for Red. Weak, Watery Eyes and Granulated Eyelids; No Smurting-n- ust Eye Comfort. Write for Book of the Eye y mall Free. Murine Eye Remedy Co., Chicago. At a. crowded concert to hear Patti a. young lady was looking for a seat. “Is it a seat you want, miss?” asked the Irish usher. “Yes, a. seat, please.” “Indade, miss,” said Pat, “I should be glad to give you a, sate, but the empty ones are all full.” Mlnard's Liniment Cures Distemper. WHAT IS YOUR MIRROR'S STORY? OU can't have a beautiful For the asking. ' Trudeka COLD CREAM used regularly will remove blemishes, ahd make the skin smooth, clear, and sound. Vaseline Cold Cream contains no animalcr veg, etable fats. It is sterilized in the making and delicately perfumed. A Full size jar of Vaseline Cold Cream will be sent to you direct on receipt of the priceâ€"15c. Drug and department stores everywhere sell the various "Vaseline" preparations. Write for free, ,illuctraied "Vac! line" booklet telling all about {lam CHESEBROUGH MFG, CO. Consolidatedl i330 CHABC‘T AVE. MONTREAL more they expect. Mlnard‘s Linlment Cures Colds. Eta.