April 1959

Transcription

April 1959
UNIONIST
APRIL, 1959 - VOL. XVII., Mo. S
Published in Vancouver, B.C.
ver Picture .............. .... 6
ound The Province .... 8-9
y-High Pies .............. 13 ....- - - - - - - - - - - - - - - - - - - - - - - - •:
pie Enough ................ 5
• - - - - - -.. OFFICIAL PUBLICATION OF THE
B.C . CREDIT UNION
LEAGUE
_,,.·...·······
,~~.....~.... ··..
./··~.
\·. '.;·~--~
~· .:
··.........··.·
Don't Be Uninsured
Do Act Now
Obtain Your Auto or Fire Insurance From Your
"Obviously, so long as the need for credit union service is a universal need, the numher
CO-OPERATIVE FIRE &
CASUALTY COMPANY
Fair & Competitive Rates
in
All Lines
AUTOMOBILE
PERSONAL PROPERTY FLOATER
COMPREHENSIVE PERSONAL LIABILITY
COMPREHENSIVE PACKAGE PLAN
HOUSEHOLDER'S POLICIES
CO-OPERATIVE FIRE &
CASUALTY COMPANY
I credit unions must increase until this need is met. It is a safe assumption that a hundred
':,,;mon men, w~men an~ children . .. . u:ould be befter off if they belonged to a credit
niotJ. It is our 1ob to brmg the credit union to them. '
ROY F. BERGENGREN, FIRST MANAGING DIRECTOR
OF THE CREDIT UNION NATIONAL ASSOCIATION.
Have we come to the point where we can rest on our laurels and say "We've
one a good job"?
We have done a good job. Let's not underestimate ourselves. The credit union
story is a story of unparalleled growth and activity. But as long as there are people
anywhere in the world who are struggling against debt and privation, who are
paying exho~bitant rates of interest to money-lende~s-we have not done enough.
Since time began there have always been "shck operators" who have been
quick to take advantage of the misery of their fellow men to line their own pockets.
Emergencies arise, and the average low salaried worker is not equipped,
financially, to deal with them. He needs money and he needs it fast. This is where
the moneylender steps in. Anything up to the debtor's immortal soul is fair security,
and is quickly snatched up if the debtor falls behind in his payments.
At this point, may we say that we are not casting aspersions on banks and
reputable lending agencies. Their interest rates are set by the government, and are
air. But they are in business to make money, naturally, and they demand
negotiable security. And, in most cases, their loans are not protected by insurance,
as are credit union loans.
The credit union is a member-owned savings and loan association. It is not
business to make money, but to provide service to its members, and to teach
em how to manage their own financial affairs so that financial security becomes
a reality, not a nebulous dream.
There are still millions of people to whom it is still a dream. Until we can
bring that dream to reality, we have not finished the job. We are big, but not
big enough.
THE
2475 Manitoba (at Broadway)
New Phone - TRinity 9-5341-2-3
OTHER OFFICES-CLOVERDALE, COU'RTENAY,
NANAIMO, VICTORIA, PORT ALBERNI & PRINCE RUPERT.
=================================•
2
B.C. CRED IT UNIONIST -
e.c.
CREDIT UNIONIST
Official organ o f the B.C. Credit U nion League, published monthly.
Office, 96 East Broadway, Vancouver 10, B.C.
Managing Editor, Jean Haynes; Makeup Editor, Mary Maharg;
Editorial Board St aff Writers, Cy Harding and E velyn Bo urchier.
Advenising rates on application to the League.
Authorized as Seco nd Class Mail by the Po st Office Dept .. Ottawa.
APRIL, 1
B.C. CREDIT U NION LEAG UE: A non-profit organiza tion composed o f affil iated credit unions formed
to. organize and assist credit unions. A. R . Glen, President ; J . P. Lundie, F irst Vice-President ; R. F .
W11!1ams, Second Vice-President. Managing Director, R. A . Mo nrufet . B.C . Central Credit U nion: A
credit union whic h serves c redit unions and cooperative orga n izat ions. Manager, J. R . R obinson. - CU & C
Health Services Society: A medical plan serving citizens of British Columbia with comprehensive coverage
for medical and surgical services. Manager, J. H . Corsbie.
Telephone TR. 6-5521 fo r all organizations, or staff.
B.C. CREDIT UN IONIST -
APR IL, 1959
3
7Ae ~tCl''J 8eAin4
7~e ~t11tiJticJ
Your credit union bas completed another successful year. Membership is up,
so are assets, .shares and loans outstanding. A very nice dividend has been declared. You have elected an excellent
slate of officers- enthusiastic volunteer
workers who are willing to accept the
responsibi lities of their o ffice and give
of t heir time and effort to make the
coming year another successful one.
You're pretty happy about your credit
union-it's doing a good job for you and
the other members-statistics prove it.
Do you base your opinion of the credit
un ion just on the figu res in the ledger?
Do you think of it as just another fi nancial institution·-doing a good job, of
course, but a job that could be done just
as well by a bank or a small loan company?
Let's take a look at the stories behind
the statistics-the warm, human stories
that point up the difference between the
credit union and any other savings and
loan association.
JOHN DOE
Take the story of John Doe, for instance. "John Doe" isn't his name but it
will do for the purpose of this story.
John wasn't what you might call a "good
financia l risk." He was a good mecha nic
but a poor businessman and he had got
himself into a pretty bad fina ncial mess.
He found himself making payments, not
only on his house, but on a car, refrigerator, TV set, dancing lessons for his
daughters, sports equipment for his son.
Sometimes it seemed to him that he owed
everyone in town. His salary was mortgaged before he ever received it.
He took his troubles to the Finance
Committee of his credit union. T hey
made a list of his debts and arranged for
a loan to cover all he owed, so that John
had on ly one payment to make, at a low
interest rate, instead of a dozen every
month, complicated by carrying charges,
The Warm Facts
Behind the
Cold Figures
SIMPLE ENOUGH!
high interest rates, etc. Then they·~·~l~~~~ll Perhaps the most com pact definition
down and f igured o ut a good sound
of a credit union is the o ne below, whose
get for John to fo llow- a budget
origin has Jong since been lost in the
would not only permit him to pay
mists of time.
debts in a reasonable length of t ime,
a llow him to save a small amount e
~~~~~~~~~
~IQ,~~~~~~~
~~@~~~~~«i
)~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
What other financial inst itution w
I~
month.
care enough about John to take time
he lp him solve his money proble·mli'<W#1~=: ~~~~~
What other financial institution w
When a group of people obtain a @~~
have loaned him a considerable sum
money with no tangible security? ~~~~~~~~§ credit union charter, this is what they do: '!.<:~~~~~~~~
credit union committee knew JobnPut their money as shares into a common fund, and
of them had worked with him for ye
They knew he was basically honest
Elect some of the members as direc- ~ffl~~~~~~~
would pay his debts if given a cha ,
tors to manage the fund , and
What other financial instit ution w ~~~~~~~~~
Lend money to each other from the ~~~~~~~~~
know John's character, or care? They ~
fund , and
interested in security, not character.
Charge interest for the use of that
RICHARD ROE
money, and
~~~~u,t:,~~~~
Then there was the case of-well, I
With
the
in
terest
(which
is
call him Richard Roe. Richard's son,
union income) they
brillia nt student, had just graduated fr
high school. He wanted to go on to
Pay the cost of running the
versity, and Richard was anxious that
union, and
should-he didn't want to see the
Keep enough in a reserve for bad ~~~m~\%~~~
bogged down in a med iocre job as be
loans, and
been, through lack of educational adv
Distribute the remainder of the earntages. But where was the money to c
from?
ings to members as dividends and in- ~~m~~~~
terest refunds.
The money_came from the credit un
and Richard's son is well on the way
a brilliant career. Would any other fin
cial institution have taken a chance
such an intangible asset as a boy's brai
These are just two stories out of h
dreds. They are the stories that tell
story of the credit union-the hu
story of a human savings and loan a
ciation.
4
B.C. CREDIT UNION IST -
APRIL, 1
5
Photography
'~/'CUltt/
and
t~e
Your Pet
Photographing pets can bring wonderfully satisfying results, or something quite
the opposite. The wrong way is to let
Junior swoop up the animal and clutch
him tightly while you snap. You won't
get a real picture of your pet this way.
You want a picture that shows him
as his natural self. This may take a little
patience but you will find it is worth it.
As a preliminary, have your camera
loaded and in some handy spot where
you can reach it quickly. Then you will
be ready when a good picture opportunity arises. When Tabby is stretched
out at her most impressive in the forbidden chair, you can take her picture first
and scold her afterwards. In the same
way you can catch Fido's eager pose as
he waits at the door for the master to
come home.
·
A good way to keep a young animal
where you want him is to use a dish of
food. You can select your came ra angle,
focus, and snap at your leisure while the
pup or kitten laps a bowl of milk. You
will have a true-to-life action pose too.
If you just can't m ake your pet stay
long enough for a quick snap, or if you
are not sure of your a bility to take a picture of him in motion, why not sneak up
on him when he is sleeping and catch him
then. A sleeping pup or kitten has the
same look of appealing defenselessness as
a sleeping baby. It's a picture that can't
miss.
If you are using a simple fixed focus
camera, you will be more sure of your
results if you utilize one of these
m ethods. If you have an adjustable
camera, s et the shutter at 1/200 and
open the stop proportionately according
to the light conditions. With this setting
you can get a good picture even if the
animal is moving.
q-lt6e"
Another important factor is came
angle. If you are taking a picture of
small animal and shoot down on hi
from a bove, the effect will be disappoi
ing . It is better to crouch low and bri
the camera into line with h is body. W
photogra phing a larger pet, such as
horse, you may have to go to the ot
extreme and stand on a low chair to
ta in the best camera angle. Study y
subject in the camera viewfinder to de
mine the best vantage point bef
making your snapshot.
~
~
Nova Scotia
Asks For
Quarterly
Dividends
HALIFAX-Provincial Secretar y G.
Smith has introduced into the N ova
cotia legislature an . ame~dment ~o the
Credit Union Act which will permit payment of dividends on shares held at the
end of any quarter of a cr edit union's
year. The existing act p ermits p ayment of
dividends only o n shares held at September 30.
* * *
How To Avoid Creditors
Move to South America . . . Wear
<lark glasses and a bea rd-Paint your 7ar
a differen t color a nd park 1t o:i a side
street-have your phone removed and
buy a big dog-Report yourse.l f missing
10 the Police D epartment- List yourself
in the Obituary Column- If these don't
rk-see your credit union and solve
ur problem the easier way.
* * *
Loss Ratio
.Ii.!!'
Size is emphasized by contrast w
something in the environment wh
dimensions are recognized. One pose t
has been taken repeatedly is a tiny
in a shoe. This picture is popular b eca
we all know the approximate size of
shoe and realize that a pup must be v
small to fit inside one. A kitten on
palm of someone's hand will tell
same story.
$12, 197 .52 is the total charge-off on
loans amounting to $44,858, 11 8.83 made
by the City a nd Country employees
Credit Union of St. P aul, Minnesota,
since its founding in 1927. The average
savings per member at the end of 1958
was $1 ,213 .05; the average persona l loan
balance, $824.75.
If you figure out that loss ratio on a
percentage basis, you will find they have
a repayment record of 99.973 %, which
makes their borrowers purer tha n Ivory
soap, if you know what I mean.
1,532 Credit Unions
Organized in 1958
M A DISO N- Final repo rts on organization of c redit unions in 1958 show
1,532 c redit unio ns formed lase year . In
D ecem ber 107 were started . In 1957,
new credit unio ns to taled 1.555.
* * *
Want to Rent an Overcoat?
" Frenchy" Doublet appeared in the
cold clima te of Wisconsin recently with
a very nice overcoat, and told of an in teresti ng busi ness in the Islands- that of
rent ing o verco ats to people who leave the
Is lands to come to the mainland during
che winter m onths.
O f course, no one needs an overcoat in
the H awai ia n I slands, a nd the expense of
buying one for a trip is r ather heavy- so
a business has been established in th e Isla nds of renting coats for the trip-and
the cost is $10 per trip .
* * *
British Honduras Helping
Springhill Families
BELIZE British Honduras cred it
union people donated $67 .58 th is week
for the Springhill (Nova Scotia) mine
disaste r relief fund .
*
*
*
Eight Hundred Homes
Bought
Through
Credit
Union
Loans!
As an exam ple of h ow a credit union
operates, John M. Homer, o f the Ontario C.U . League, to ld the North Bay
organizational meeting a bout the H amilto n Emp loyees C redit Union, o f which
he is president. He .said there are 3,500
members, a total of $300,000 in mor tgages is on loa n, and more than 800
hom es have been bought a nd paid for
with credit un ion money .
6
B.C. CREDIT UNIONIST -
APRIL, I
BC. CREDIT UNION IST -
APR IL, 1959
7
A,.cuttt/
t~e
p,.cllihce
OldFashioned
"B ee "
POWELL RIVER: One of the proj
listed in their annual expenses was
amount of $235.13 for the Cente
Map Project. Their annual report bor1
F ·ends and relatives joined in an oldhandsome picture of Walter Cavana
n
·
b ee" wit
· h t h e exe"working
f ~ h·oned
.
and Father Leo Hobson on the cover
· I e staff, and committee
mem bers o f
CUllV •
• h
, C d'
commemorating the first President,
Gulf and Fraser .Fis ermen s
re 1t
the good Father who contributed
Union on the evening of March l 0. Th~y
much to the growth of the Credit Uni
ed stapled and prepared for mailasse mbl •
.
'h d
in
2000-odd
copies of GAFF s an C A M P B E L L RIVER: Certifica
~e, blul'.-bound Annual Report for
were presented to charter members at
eir annual meeting March 20.
annual meeting. Assets jumped fr
Taking part in the "bee" were: Joe a?d
155,000 to 590,000 in a year.
Mrs. Corsbie, Agnes and May Sabm,
SAANICH PENINSULA: Ten y
Lawrence Doving, Iris Hill, ~orothy
existence brought $200,000 in assets
Timmins, Harold and Mrs. Chnstenson,
the V.I. Credit Union. Children b Oha Waage, Carl Liden, Clem PID?ipso.n,
piled up $13,783 in their accounts s·
Olaf Bjorge, Estella Gorden, Lydia Cairthe school savings program was start
ney, Leo Holthe, and Marcus Peterson.
Refreshments were served after the
TERRACE: A pie auction with
work was finished.
highest bidder putting the amount
into his savings account was highlight
the record annual meeting here.
R. A. Monrufet g;ving
report to the meeting.
J. H. Corsbie of Gulf & Fishermen's
Credit Union was elected President.
KAIEN CONSUMERS: Prince
pert. Endowment shares jumped fr
$73,000 to $188,000. Total loans si
incorporation: more than two million.
One of the many Workshop groups.
--- o use
'
F
Under the guidance of Monoger Clif
Bennett the Co-op Union held a
successful conference in the Hotel Astor.
8
KIMBERLEY: $35,000 · in accou
with the credit union have been stack
up by student members of the Kimbe
Credit Union. With 1121 members,
club won the provincial School Savin
Trophy for 1957. A $300 scholarship
set up.
GRAND FORKS: In a smart ann
meeting report on glossy paper Gr
Forks went back over its credit un'
history. "Business was transacted o
the bake shop counter," they say. "La
when Joe Watson went to work at Wo
land's Drug Store loans and shares w
dispensed and received along with
pills and powders."
A long cry from the new build'
opened in 1955, now too small for
ficient operation.
B.C. CREDIT UNIONIST -
VANCOUVER: Out of a predominately male credit union in the employees
of the Vancouver School Board (V.S.B.)
there were just as many ladies as men
present at the annual meeti.ng, and ~hey
ook their fair share of askmg quest10ns
d discussing the reports-every o·ne of
which drew questions.
Both the President J . P . Lundie, and
Vice President Burnham went home
doubly happy after reporting growth of
$54,000 in assets, and winning two of
the door prizes.
And the ladies? Their refreshments
served following the meeting drew delighted comments from the men.
Mrs Edith Christie, post president, congratulating Ed Spencer, newly elected president of the North Coast C.hopter, and Fronk
Douglas, secretory-treasurer of the Chapter.
Following the monthly meeting, Mr. Henry
Klassen of Edelweiss enjoyed a joke with
Miss Kay Bach, assistant treasurer.
VANCOUVER: Six dozen cans of salmon had been donated for the annual
meeting of the Grandview Vets. Following Frank Humphrey's talk members sat
down to bingo, and netted themselves
the salmon, on " two anyway" "ups and
across" and "full cards".
B.C. CREDIT UN IONIST -
APRIL, 1959
9
HOLIDAYS COMING UP! Swap
wo~ries and fatigue for peaceful cam
h.ohday this summer. Quiet dustfree ca
site at secluded beach. Excellent swimm
for all ages. Open May to September
Brown, Heron Rocks Campsite, Ho;
Island, B.C.
SHOP
and
*
J. H. Corsbie New Manager
For Health Services
The appointment of Mr. Joseph H. Corsbie
as Manager of the CU&C Health Services,
effective immediotely, was announced by
Mr. Howard Hunter, President of the
Society, recently.
*
FO.R SALE or trade for TV set, 750
hgbt plant six watt push-button start'
Also have '53 Ford Custom car r
Box 376, Armstrong, B.C.
Mr. Corsbie, Manager of Gulf & Fraser
Fishermen's Credit Union for the past eight
yeors, brings experience in both the Credit
Union and Co-operative movement to his
new position.
*
FOR . SALE 1945 Model 37 foot H
Trailer, 4 wheel brakes, tows beautif
Modem th~oughout, three rooms
ba!hroom wuh shower. In good conditi
Will sell for $2,600-no less. Can be
at Dawson & Wades Camp, Spuzz
B.C., Mr.. Dunn, or contact Van. R'
mond Savmgs C.U.
'
LA WNCUTTING TIME IS HERE. Reconditioned ~axwell Eighteen inch reel type
mower with four cycle Iron-horse gasoline
motor. Will sell for $45.00. Telephone
AM 6-2042 evenings.
Brought up in the Peace River District, which
he represented for one term in the B. C.
Legislature , Mr. Corsbie served with the
R.C.A. F. during t he Second World War.
He is Past President of the League, VicePresident of the B.C. Centra I, elected President at the 1959 annual Conference of the
B.C. Co-operative Union.
IF you wont to SWAP, SELL or BUY send Yo
ad copy (maximum 25 words) and $ 1.00
Advertising Oept., B.C. Credit Union Leag
96 £. Broadway, Vancouver 10, B.C. Oeadli
12th.
A resident of Vancouver since 1951 , he
is married, with two children.
J. H. CORSBIE
RUN YOUR CAR WITHOUT SPARK PLUGS
Yes - this revolutionary new FIRE INJECTION SYSTEM
· t 11 d · 15
·
st d 1·
·
ins a e 1n
minutes
mu
e tver maximum power and economy WITHOUT CHANGING TO HIGH PRICED'
PREMIUM GAS - must g·
.t 31
H
·
'f
ive you up o
more .P., 8 more miles per gallon for the
1
h elNofSUyoRuArNcCorE. . . .Nyou ore completely protected by our unprecedented GUARANTEE
- I DE1MNITY.
206 Carroll St., Va.ncouver 4, B.C. -
Yes, I want new pep, power and performance from my automobile! P lease send me:
I
I
I
I
I
I
I
I
I
0
One matched set of 4 SA FIRE INJECTORS for $7.16
0
0
One matched set of 6 SA FIRE JNJECTORS for $10.74
0
Single SA FIRE INJECTOR (Number...................) at $1.79 eac h
One matched set of R SA FIRE INJECTORS for $14.32
My car is.....
.................................. (Make)...................................(Year)
.. (Model)...................(Number of CyHnders)
Encl~sed is the full price for my new SA FIRE INJECTION SYSTEM. I understand that though J
pay m advance, all terms of this offer and guarantee apply.
(Please include 5% Tax.)
NAME
ADDRESS ..... .
CITY ............... .
L __ _
10
MU 2-2040
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I-
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··························································
.. ZONE ...............PROV ........... .
---B.C. CREDIT UNIONIST -
MANY URGE VOLUNTARY HELP FOR
WORLD
C. & G. AGENCIES LTD.
R•mlttaoce
enclosed:
.......0
Check
0 M.O.
.....0
Cash
APRIL, 19
" We are confident," said Mr. Hunter, "that
Mr. Corsbie's abilities certainly qualify him
for the exacting job of managing our evergrowing society."
EXTENSION
OF
A number of cred it union leaders attending the quarterly CUNA Meetings
'1 Washington, D.C. in February made
ggestions for voluntary fund raising to
assist CU NA 's World Extension program.
It was recognized that the worldwide
need for credit unions is urgent, and
the cost of assistance is· so great, that
CUNA dues income could not be expected to meet the demands.
Among the proposals made were a
dollar-per-member drive during the
Credit Union Anniversary Year, and
league drives for donations of a percentage of credit union assets added to
regular league dues.
"l think our people should know th at,
while CUNA cannot solicit funds other
t~an dues without th e permission of the
directors, voluntary contributions are
gratefully accepted," said M. A. Pottiger
B.C. CRED IT UNIONIST -
APRIL, 1959
CREDIT
UNIONS
of Pennsylvania.
British Columbia credit unions observed March as World Extension Month
and a lready more than $1,000 has been
contrib uted to assist in credit union development in other lands.
Illinois C redit Union League, which
originated the World Extension Month
idea last March, will repeat the program
this year.
The sum of $1,562.55 has already been
forwarded to the League office from B.C.
credit unions, and more i.s arriving every
day.
WHEN IN PRINCE GEORGE
Downtowner Motel
3rd Avenue
Fully Modern
Bruce ond Louro Low
11
SKY-HIGH PIE SALE BOOSTS SHARES
RJDGEDALE-MATSQUI
··You asked to be informed on the results of our pie sale.b~ befie~e mo~ o'.d us
here were rather ~u 1~us a out Wte iheda
but decided to give 1t b a
e a
various committee mem ers rmg one or
together a to1wo Pl.es each and gathered
.
tal of twenty-six pies. Also the problem
. to get out enough members to the
1135
eting and we tackled this by taking the
nie
. each comniembership list and de1egatmg
ni ittee member, we hadfcontahcted ne~rly
ull by phone shortly be ore t e meeting.
Results-we had the best turnout that we
have had at an _annual meeting. Out of a
tal membership of 177, we had around
enty-five present.
The pie sale was . at the c?nclusion of
the meeting, followmg a skit put on by
the credit committee. The convener of
the skit didn't want the pies in the members' hands when the skit was going onhe said.
We had a very capable man for
tr{·
Easier Gardening This
Summer
Spring comes, and America goes-outdoors. The lawn, garden and patio become the focal point of family activity.
A lovely complement to gracious outdoor living is a beautiful garden. It may
be several acres of rolling lawn and for~al shru_bbery or a tiny plot tucked away
m the midst of a large city.
The right tools make for easier gardening. Tools should be adapted to the
size of the garden.
Hand tools should be suited to the
capabilities of the gardener. For women
smaller and lighter tools are available. '
Small hand tools do the work in flower
beds._ Use the trowel for digging up
seedlings and small plants, and for
general ch?res.
three-pronged fork
does weeding without damaging your
flowers, and keeps the soil loose.
Use a hand rake to mix in fertilizer
You will be rewarded for your effort;
with sturd ier plants.
~or a lux~riou~ law~, use a weeding
krnfe at the first sign ot crab-grass which
escaped chemical weed killers. This narrow sharp tool uproots the weeds, makmg only a small hole in the turf. Reseed
the bare spot, (}r transplant some turfperhaps from a trimmed-off edge of the
flower bed.
When you have selected your tools,
and a few blooms bring encouragement
you'll. star~ to landscape your garden'.
S1mp!Jc1ty is the key-in hues, lines and
upkeep. F lower beds brought closer to
the hous.e create "outdoor living rooms."
. Selection of florals and choice of a design for your garden come next.
:!\
. If you've enjoyed the fragrance
rich red of roses, display them at
.levels. Floribunda rose Spartan , pl an
m bush and tree form, gives the 111
c~lo.r in the least space. Upkeep
mm1mal.
C lean and simple lines- such as tuli
and forget-.me-nots arranged in sim
border outline-glorify a terrace. Yo
b.e pleased, too, at the variety of th
sizes and colors.
Another novel idea is the restful
interrupted fawn with a trim bdr
Betty Prior roses, lawn and yew hed
are best for this. Easy to care for t
create maximum beauty in a short' ti
. The old spatterdash treatment of par
s~es and other small charmers has a
given. way to simplicity. Try setting ·
fam1he~ of each color-group together f
a pleasmg effect.
If you're a "rookie," a wonderfo
The only one who should put faith in
world of color and growth are in sto a rabbit's foot is a rabbit. ·
for you as an amateur gardener. If
*
*
"
A woman's idea of keeping a secret
veteran, you know there's no end to net
1s refusing to tell who told her.
arrangements to delight you.
*
*
*
With the right tools and some kno
Jumping to conclusions is not half as
how, it's fun for every one.
od exercise as digging for facts.
auctioneer and bids started fairly quickly.
It had been d iscussed beforehand that
maybe we should set a minimum of five
dollars per pie, but some thought that
maybe we wou ld be stuck with a whole
lot of pies on our hands if we did. The
starting bid was five dollars-that pie
sold for $14.00. The buyer didn't realize
how lucky he was because no one else got
aoy so cheap. The high ones were two
for one hundred dollars apiece and one
for one hundred five dollars. Total sales
amounted to eight hundred seventy
dollars.
The fo llowing day, you could not go
anywhere without hearing comments on
our meeting and pie sale-not just from
members or those in attendance but from
anyone you met. I am sure that if the
board of directors decide to hold another
one next year we will have to provide
for a much larger turnout and probably
have two or three times the number of
pies.
The skit weot over very well too."
Pass It Along ...
*
*
*
*
*
*
WANT TO MOVE
ANYWHERE?
A gentleman fa rmer is one with more
hay in the bank than in the barn.
Phone MU 4-1404
the money in his wallet with snapshots.
We ore agents far North American
Van Lines, and c:an arrange your
move-ANYWHERE!
One man itched for success until he
round he had to do a lot of scratching.
A family man is one who has replaced
i::
FOR A WIFE APPROVED MOVE
contact
BOWMAN CARTAGE
& STORAGE LTD.
839 Powell St., Vancouver 4, B.C.
.,.
*
THIS
IS
INFLATION!
A.O.
Are you worried about possible inflation? Other peoples have done so, too.
In Rome of ancient days, the citizens
had that worry too. Here was a case:
"A mortgage of 3,800,000 drachmas
could be obtained in A.D. 307 on a
house which was worth 2,000 drachmas
in A.O. 267."
How is that for a 40 year inflation?
"A DIGNIFIED SERVICE AT A CONVENIENT COST"
Chapel of Chimes
HARRON BROS. LTD.-FUNERAL DIRECTORS
SS East 10th Ave.
Vancouver, B.C.
TR. 6-8877
12
B.C. CREDIT UNION IST -
APRIL, 19
BC. CREDIT UNIONIST -
APRIL, 1959
13
Covering The Kootenays
We now have reports of a number of
annual meetings in West Kootenay,
courtesy of A lbert Ilott, whose notes have
on many previous occasions given a
hungry typewriter something to chew on.
Thanks again, Albert.
Warfield, Credit U nion, says Albert,
has enjoyed spectacular growth this past
year, which indicates that it is perform ing needed services.
Helmut Krueger of B.C. Central was
guest speaker at the Riondel meeting,
with Mr. Ilott representing the chapter,
and Mrs. Krueger an interested visitor.
Bingo followed the business session. But
it is the unscheduled part of the programme that is most intriguing-a toboggan ride very, very early in the morning. I quote our informant "It's a good
many years si nce I did a nything like that
a nd I didn' t feel too brave about the
whole thing. But what could I do, when
my hostess suggested that if I were too
old and decrepit, I could go to bed. The
challenge had to be taken up. It was
lots of fun-" and he goes on to enumerate a broken wrist, torn ligaments,
and "the nicest black eye yo u ever saw,"
suffered by various participants, and
HAVE TROUBLE
MANAGING MONEY?
EVELYN BOURCH IFR
Hove Your Changed Your Address Recently?
adds "my own aches a nd bruises w
not for d isplay." Summed up " it wa
1
I
fi ll in t his coupon and mail to t he
wonderfu l trip, topped only by the w
If so, Pease
d
Vancouver 10, B.C.
derfu l hospita lity of the Riondel peoplt
B.C. Credit Union League, 96 East Brea way,
(Incidentally, space won't allow us
name all of the grand people mention
in A lbert's report.)
Nome....................... --------------------------····-------·-------·-------····--·· ---------------------------------------···
John Quail and Albert
Nelson Ra ilwaymen's meeting on
Address............................ . -----·································································· ············-·········
26th (fo llowed by one of the potJ
dinners for which Nelson is famed). Th
up the Slocan valley (overheard : "Tl
Credit Union . ....... ........................................... ......................... ....................... . ---------······
only way to get more potholes in th
road is to make them smaller!")-to
tend meetings at Nakusp, Burton
New Denver. Burton seated 140 at tb
TO EXPRESS A
EOPLE
dinner, wh ich was every bit as calori
and flavorful as Nelson Rai lway E
EELI NG OF W ELL -BE ING
ployees'. Reports of the Slocan Vall
cloud of attributes that surround the proPwpIe don't buy a product that
. , simCredit Union pronounced it an excelle
I does its job, one of the nat10n s top
duct."
d l
meeting, lively and well attended, wi
People have changed a great ea
~~rchandising rese~rch men told co-op
a fine address del ivered by Hel
.
the war Martineau po1hted out.
.
nee officials m Evanston, . Ill.
Krueger.
1nsura
smce .
'
. II
U der
They're better off eco~om1ca y .
n
"People
buy
a
car
not
because
its
safe,
Larry Dunne was guest speaker at t
40
they
have
"a
bu1lt-m
sense
of
secureconomical
to
operate,
and
drive
to
Trail meeting. Larry will be rememberei easy
•
,, p·
't ',, "Insurance their company's pent them where t·hey want to go, . ierre
by many as a pioneer in the Trail Cred
~i
~~ plan, social ~ecurity, or the ~64,00.0
K~asrtineau
told
them.
"They
buy
it
beUnion, and as a director on the B.C
question will take care of them m their
League boa rd for three years. He no1 cause it gives them a P.articular statu~ 111
old age."
works for C un a Mutual in the state <! the community, a feehng of well-be1? g,
a rank among their neigh?ors they thmk
In the past dozen years, p:ople ha.ve
Oregon.
they're entitled to. It gives them selfalso earned more leisure, Martmeau said.
They've developed a cult ?f youthfulness.
cxpression."
.
.
"The sex roles are changing; Men spe~d
Martineau, who is the Ch1~ago T.nmore time in the kitchen an~ help w.1th
bune's marketing r esearch chief, sa1?,
Ma ny borrowing members have learn
the cleaning, whi le an ordmary high
"Lo<>ical choice is dead. The economic
ed that the credit union will go to gre
school has given my daughter three years
.lengths to help them out of a jam, p
rn"' is a fiction. The product that only
of manual training."
es its job is headed for the rocks. In
vided they have made payments prompt·
ly when they could, a nd have kept tht ihis economy of abundance, we buy the
-From K ansas C.U. News.
credit union closely in touch when the1
could not.
BUY
*
JOIN A
CREDIT UNION
Your credit union can do more for
you, in both saving and borrowing, than
any other financial institution in the
world. And why not? Tha t's why you
organized one.
*
Mt. Pleasant Chapel
*
How big is a nest egg? How high ii
up? There's a different answer for ever)
person. For you, it lies in the answer
to ano ther question: "How long could
you pay your bills in case your incom1
.should stop?"
*
*
FUNERAL SERVICES
TR. 6-2161 - 6-2162
Kingsway at 11th Avenue
RUBBER
ST AMPS
FOR ALL PURPOSES
*
SEALS
Mo ney still talks, but you have to io·
crease the volume if you want to gd
the message through.
346 West
-
STENC ILS
-
SUPPL IES
WESTERN STAMP WOR~~couver,
Broadway
B.C.
14
B.C. CREDIT UNIONIST -
APRIL,
BC. CREDIT UN ION IST -
A PRIL, 1959
15