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1273
1273
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The Sylvan Lake News 1926-01-08 - 1938-12-29
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Date
1938-06-16
From
1273
Transcript
PAGE BIGHT News DUNFORD Eilitor and Publisher severe ucTangeg eae Subscription in Canada, 1.50 a year U.S.A. and Foreign Advevtising Rateson Application, day on a will include a v a Classified ) Mr. PB. L. Dunphy Q saBGe soon who was here : mother's funeral returned home LOST Betweon the, Hicks' residence this morning. und Main street, Monday nj e half of an ear ring, with green stone Dr. MIL W sins e return to office of Sylvar Reward. Luke New - Puesday. LOST In/Sylyan Lake on J tatooing same ut News Oifive chine. OR TRADE-10-20 MeCormie i ow plow Hup, sedan, for good car, dre ver or close in revenue bearing Sylvan icipalit at 175 value. Dis- Box 0, Sylvan Lake. morning for Calgar We desire to LE Perfect condition prives very low E.J. Cann, 321 Gaetz Ave. Red Dee Your Answer may win 4 0 nn a pw in the Johns-Manvi About Town and Country esunnsanununguanpgunecapececearecseensesnanesiugy Mr. and Mrs, Carl Koots and daughter Doreen left list Sun- vacation trip which sit to Ban, Edson, to attend zell of Bdson Was a business visitor in town Mayor Colpitts and Couneil- lors Duffield and Pooley left this where they willattend the two day meeting of the Union of Alberta Mun- CARD OF THANKS express heartfelt thanks to friends for the kindness shown in our re- cent bereavement and for th lovely floral tributes sent. The Dunphy Family. BETTER HOMES CONTEST SEE US FOR PARTICULARS OF THIS CONTEST Atlas Lumber Co., Ltd. Sylvan Lake, Alberta NATIONAL SERVICE For CoMPLETE SATISFACTION NATIONAL ELEVATOR COMPANY, LTD. WINNIPEG CALGARY EDMONTON PORT ARTHUR THE SYLVAN LAKE NEWS cneurasneneraeunsencenty uaeniTa Tone Wrigley Swim Date Set The Annual Sylvan Lake Re- gattaand Wrigley Swim cham pionship events will take place on Saturday, July 30. Mrs. B. . Watkiss and Mrs. W. Keith entertain leolf Tuesday, guests played a round, and af- ed on the course when terwards engaged in an Ap proach and Patting contest Mrs, O. Li, Dunford was winner of the contest und Miss Margar- et Rosse won the second prize. After play the guests enjoyed delicious refreshments at the honie of Mrs: Watkigs, eee Mrs. G. W. Paul and baby daughter spent the week-end at Botha, cee Mrs. Jack West, accompan- ied by her daughter Cleo, arri ed in Sylvan Lake Tuesday ev- ening from Spokane, Wash., to attend the funeral of her moth er, Mrs, Dunphy. Mrs. West will stay as the guest of her brother until the end of June, when she will be accompanied home by her neice, Doris Duuphy. vee The grandstand was put in place in the lake last Priday and the work of placing the ex- tension to the W.L pier and putting in the cross piers was completed this week, coe Excellent work has been done on the tennis courts during the last few days, the surface of the courts being now ready for a new coat of shale, see Constuction work on Bill Nel- son s new tinsmith shop is pro- gressing rapidly and will be ready for occupation early next week, eee A small office is being erected at the bowling green for the use of the caretaker-manager. eee Ata Unity organization meet- ing held last Friday, B.C, Learn- ed and . L. Dunford were ap- pointed delegates for Sylvan Lake poll to attend a constit- nueney conference. Consistency The consistency of quality... consistency of true natural fla- vor are tangible appeals that add to the popularity and : strongly influence people to insist on ALBERTA BEERS. Make your seek out and Prove this fact. next order ALBERTA BEER Taste ence. the BREWING INDUSTRY of ALBERTA BEERS THAT ARE BEST This Advertisement Is Not Inserted by the Alberta Liquor Control Board, or by the Government of the Province of Alberta. the differ- NOW for a VACATION on the PACIFIC COAST BARGAIN FARES ON THESE DATES JUNE 24 - 25 - 26 JULY 8- 9- 10 22 - 23 - 24 AUG. 12 - 13 - 14 See LAKE LOUISE and BANFF Stopovers allowed on return journey within limit, RETURN LIMIT 30 DAYS BOOK your HOLIDays NOW For Fares, Trotn Service and full information, osk Are you ready with pencil ind paper, Mr. Golfer? All set Multiply hen add 5 to the total obtained. Now multiply by. 50, Got that result? All right, add the number of Subtr. Let's go then your last score by 2 ins th in your pocket number of days in the present year and for geod measure add 115. The two left-hand fig- ures will show your golf score, Phe two right hand figures will how the nymber of coins. Try this, It will not holp to make your score any better however, If you don t want to he reminded of your score, try the problem with your age it will work just the same. JCNE 16, 1938 Local Market Report Provided through the courtesy of local grain WHEAT 1 Northern thern Northern i Norther Number Number 6 the suing a 2 VATS 20, . 3.0,.W. BARLEY 3 OW, FON. a 34 RYE 20.W. ot MEN AT WORK The most cheerful sign on the road o * x MEN AT WORK is an encouraging, cheerful It is the happiest Business enterprise service, is the mainsp mai ne The contractor r sign gets the job of buildir by being the lowest respor cays does he have the He gov gn upon the highway. ign on the business way too, king wise use of banking of employment. ponsible for that Men at Work ig that stretch of highway nsibie tenderer. a ready money to buy all the pay wages and build it out of his own resources, to the bank and, havi ng assets and a good reputa tion, he negotiates such advances as he may need, He orders materials, sets men job proceeds, nable him to colleet from th ith whom he contracted, and the work goes on. The nway finished, the paid. Such repayments enable the bank to supply credit to other res) vie horroy A manufa gets a large order, with an early time limit for delivery. With only a hun- dred men, his factory cannot turn out the articles within the time required. With more men he can do it but he lacks sufficient cash. Operating his factory, as a going concern. with a profitable order and having a reputation for integrity, he asks the bank to lend him what he to pay wages. The bank makes him a Joan, He takes on more men. They get wages. The goods are turned out, delivered and paid for. The manufacturer repays the bank with the agreed interest. He has his profit and can spend some money developing new business to p his men employed. How does-a bank make these advances where does the money come from ? Banks, having branches throughout Canada, mobilize the surplus funds of millions of depositors, large and small, and, based upon them, make credit ayailable throughout the coun- try as may be required. Millions of little sums repre- sent the toil, production and lifetime sayings of Canadians your fellow-citizens. Safeguarding these deposits is the bank s first care. Deposits of 1,000. or less most of them much less are owned by 3,770,000 out of Canada s 4,084,000 savings de- positors. The total of all bank savings deposits in Canada is nearly 1,584,000,000; the aver- age sayings deposit in a bank is only 387. Wisely safeguarded by Cana- da s chartered banks these de- posits furnish credit that keeps men at work when used by Canadian business and industry producing new realizable wealth from Cz sources. The people benefit. Tn the field of business de- posits. out of an average of 660.000 current accounts; 596,000 amount to 1,000 or les eat res untry and all its vings- deposit ly, the make loa: Only the confidence of the people and their wilfin: to leave their money on depos enable a bank to lend money and at small profit-margin to itself serve the community. We haye mentioned the con- tractor and the manufacturer, The same process stimulate employment throughout the whole fabric of production, in- dustry and commerce. Loans to agriculture and for marketing agricultural products totalled in 1937, 88.294.000 9.0 per cent. of all ordinary bank Joans shown on the return to the Minister of Finance, October 31st, 1937. Of this sum 57, 190.000 went to farmers, cattlemen and fruit raisers and 804,000 to grain dealers, seed merchants and grain exporters. Other bank loans went to municipalities and school dis- triets; wholesalers, retailers, manufacturers of and dealers in lumber, pulp and other forest products; fishermen; fish pack- ers and curers: public utilities including transportation com- panies; stockbrokers and bond dealers; provincial govern- ments; mining men; churches, parishes; hospitals: and to chari- table and cleans institutions. Canada s chartered banks de- fend and protect the safety of the funds of depositors the millions of thrifty souls we have described, whose life-savings they entrust to their hanks. No Canadian depositor, even through the world-shakin events of recent years, has hai to fear for the safety of a single dollar lodged with chartered banks. The funds of depositors are their own not a reservoir from which everybody may draw at will for any and every new fin- ancial experiment. primari- sean THE CHARTERED BANKS OF CA NADA Canada s Your local branch bank manager will be glad to talk: bank ing with you. He will be glad to answer your questions, from the standpoint of his own experience. The next article in this series will appear in this newspaper. Watch for it. 10 fannntennaat asaranuena mee
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Attribution
Image 1273 (1938-06-16), from microfilm reel 1273, (CU11123892). Courtesy of Early Alberta Newspapers Collection, Libraries and Cultural Resources Digital Collections, University of Calgary.