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18 THE OSHAWA TIMES, Theredey, Mey 3, 1962 ieasing arrangements on prop- P s C your news?" Father Legault)Vatican, even if the journalist) "You can't get anything] The council, to be known as [erty "and euipment aie a riest OVETS = [was asked in a recent inter- ie we I be oe really big out of the theologiaris|the Second Vatican Couincil, is y bel : olng above) |working on the commissions/scheduled to begin in October. bed been that these are sources of Ecu 4 ] "Here," he replied with a) lall, " he said, "is sounding out lnance TO e ear©r S short - and intermediate - term menica smile that nevettheless seemed| various personalities whenever|Preparing for the council, how-)The First Vatican Council--and bana and vo ri be ag oe ti to say it's no easy matter te get hold ra them, bishops,|/ever, because they ate boundjlast ecumenical council to date ancing small business needs. M In R a journalist to get news in the|theologians, laymen. by an " Wa ike Dealt ne ' eet ome j g gi y' y oath of secrecy. j--was held in 1869-71. Last year the federal govern-| ROME (CP)--One of the busi- 1 M W 1n S al l S es ment stood ready to guarantee|est newspaper men in Rome Bus ess Oo $300,000,000 in bank loans of up|during the forthcoming Ecum- to $25,000 for periods of up t0/enical Council of the Roman Ca- By DON HANRIGHT mon or preferred stock they can)most of them controlled outside|!0 years to small businessmen,|tholic Church will be a Cana- : : OTTAWA (CP)--A continuing|include in their portfolios, And|Canada--who exist only to make|but at the end of the year only|dian priest, Rev. Emile Legault % YOUR CONVENIENT chorus of financial woe on be-|they prefer safer investments|capital available to small busi-|$25-582,269 had been taken uDjo¢ Montreal. half of the small Canadian|anyway. nesses. OF hed 977 loans averaging $8,593 Father Legault, a priest of the oe : pgm is being sung be-| Premier Duff Roblin of Man-| There is a dearth of statistics are been hoped when the|Holy Cross order attached to lore the royal commission on|itoba, among others, hinted that|from that field. But one com- sited when vielst. Joseph's oratory in Mont- q Y plan was conceived late in 1960)" "SEP" h at cent to Rome ene beaking and finance. these portfolio restrictions|pany told the commission it has srt ncn a, ry eo a 2 la, ee fy | , sat so ; ;}more equity capital investment.|applications made to iy sma nadi Catholic Confe: ea I it has been told that small/Even now the insurance com-|businesses, and the manager hing IE vy i a of the! the natbnal organization of all Ra MENG ST. WwW. PHONE 725-4543 : businessmen can't readily get|panies follow a 'far more con-|said frankly he would turn down/?*> 70» that r eancal plan, the!Catholic bishops in Canada, -term i " A ry ome cso allen 9 Aga or ke son -- "a ---- ae eee Small Business Loans Act,| In addition, he will be doing One or two witnesses from Other sourcer of equity cap-| 'There are numerous other small" business is defined as|broadcasts for the CBC and Ra-| | having gross annual revenue of|dio Luxemburg and writing ar- ticles for the Montreal daily } business - investment compan- ' pooh-poo! ital include the venture capital/financing sources for the small/jess than $250,000. An American ié8 have tried to Dy sae newspaper La Presse, the Swiss B borrowing ability|companies--a few large holding|businessman--finance or accept-|small- business law uses the i a blag fod on hy Mi 4 Neuvanies, certain miningljance companies, the chartered|triple yardstick of after-tax in-/news agency KIPA and the Ca- managerial talent -- lack of|groups which have invested injbanks, the publicly owned In-jcome of less than $250,000, net nadian Catholic periodical L'Or- which is the leading cause of|Smaller businesses outside min-| dustrial Development Bank,|worth under $2,500,000 and atoire. : Canadian bankruptcies. ing, and about 15 companies,|trade suppliers, individuals, and'assets under $5,000,000. 'Where will you be getting all ' ee the ogg ge Ryoer : jac' sources for small-bus : re emcee, emesis ATTENTION HOME OWNERS OSHAWA AREA : evidence, though few witnesses recta eer en ae muggy ALUMINUM SIDING AT A PRICE YOU CAN AFFORD I PRICES SMASHED THIS WEEK ONLY! WHILE THEY LAST preci small" in business. ADD BEAUTY AND VALUE TO YOUR HOME NOW wee rae seas f Totter of ware: Te likely' to| WITH COLORED ALUMINUM SIDING, CAR-PORTS AND PATIO COVERS poco more on - pee wae Montreal May 10 It will be in| THIS PRESTIGE HOME HAS BEEN CLAD the Atlantic provinces June 4- 16| ; ' 2 WITH. BAKED-ON. ENAMEL. FINISHED ee ee ALUMINUM SIDING, THE SHUTTERS ARE INVESTORS LEERY & ALUMINUM, EVEN THE EAVESTROUGH gpg rc meaty been| : Ber . iS ALUMINUM, MADE ON THE JOB IN held at ictoria, 'ancouver, - 'ith Baaihton, Regina, Winnipes - Sain ONE PIECE, A WONDERFUL ADVANTAGE, " bie iil aa | = ey ' NO JOINS TO LEAK. ubje well W ' the comniiselod's sorms of retet-| : This enamel coated aluminum needs no bo eigy 9 eg "paver ae a } ------: | Yi yee Sy painting. It is weatherproof, fireproof, rust- cance fhe including "pre Se i : proof, cannot warp or crack. It can be ap- es v flow" of| : lied over any surface. funds through the capital mar . P Re" : If you are contemplating altering or modern- One of the main grievances| + uy Pe ore -- voiced so far has been that| izing your home, or building a new home, | hone ° e by ut A Rayo" ; ; (ae ings * ew T 2re Canies pole a sien let us have a practical applicator give you o j 1 ° pesigns Cors ers ive min- } Se ond - issue, they seem free estimate on your project. . . Car, = Tevet Tre ros OFF Now ee indus' j f pF gl pid gps Nee Ghee TO ASSIST YOU FINANCE THE WORK A LONG TERM, NO-MONEY-DOWN PLAN IS AVAILABLE. \ h : a ; so POPU AR SIZES! "Miners, a ht te HILLCREST BUILDING PRODUCTS | : Piru agg og og tN peg $95.00 PER 100 $0. FT. 139 BAY STREET., SUITE 217 : " " ov and 9.50-14 still. are high--sometimes too TORONTO, ONTARIO | . at fgee Re as ' cluding ql igh for a small company--and §~=APPLIED ON YOUR HOME at Sears te Delovt Moil T ADDRESS. . a8 of the dealer frate: 64 | i iatinatiatind werinene| DON't Delay! Mail Today --» FREE FAST TIRE MOUNTING NO MONEY DOW N- z in youro ires Sing ite insurance. "teustl| FREE ESTIMATES--NO OBLIGATION DON'T DELAY WRITE TODAY | mortgage and loan companies is ic on how much com- 0" We are celebrating our 40th In celebrating our 40th Anniversary we recall many changes in the automobile business, and k<zeby extend our heartfelt thanks to our many, many friends and customers for their continued patronage and loyal support which made this possible. At this time | would say "Thank You" also to the members of my faithful staff, some of whom have been with me for many years, Over the past 40 years we have tried to build our business on courtesy, dependability and service . .. we hope to continue this service to you, our customers, for many years to come ! '* USED CARS USED CARS 1960 CHEV. 4 DR. STATION WAGON 1957 PONTIAC 2-DR. STATION WAGON Custom Built Redic, washers. Color, Blue. One owner cor. . V-8 Automatic Transmission, Radio, White Wall Tires. 1959 CHEV. 4 DR. STATION WAGON , 1958 OLDS. 4 DOOR SEDAN 88 "Preemie 6 cylinder Standard Transmission, discs. Color, White. One owner car. 4 Automatic, padded dash, radio, windshield washers. Two tone gold and beige. 1959 CHEV. BEL AIR SEDAN i 1957 METEOR STATION WAGON With Radio. Color, Green. 1958 CHEV. DELUXE SEDAN ~ 1960 ENVOY CUSTOM SEDAN Color, two tone Silver Blue and White. One owner car. - Two-tone Green. 1956 CHEV. 4 DOOR SEDAN : * 1957 PLYMOUTH 4-DR. SEDAN. > 6 cyl. Automatic. Color, Black. Y¥8. Automatic Transmission, White Wall Tires, Radio. 1955 CHEV. 4 DOOR SEDAN at 1958 CHEV. 4-DOOR SEDAN Radio. Color -- Green Roy W. Nichols 6 cylinder, Automatic transmission. 2 tone gothic gold, beige. COURTICE ROY W. NICHOLS BOWMANVILLE 7 2 8 m= 6 2 0 6 OLDSMOBILE CHEVROLET CHEVY I! CORVAIR M A 3 - 3 3 K) 3 ENVOY CHEVROLET TRUCKS : 2 *