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

OO OE ere 8 THE OSHAWA TIMES, Wednesday, September 21, 1966 AE Ht as TIT LI Le LoL ee ee Lt ie ; MARKET TODAY a bad A ae bewarra perk tat Ney change meee | sole, 2 3 am. % 63 13 102 240 38s Bathrst A Bell Phne Brazilian BA Oli +4 5 +41it+ "oa BC Phone Burns Fads Ind ie ee Sas -- 3.82e52.32 ~" = z = i+ 14 411+ 4 41 33333 $22-2S-us2.82 Sse oo. 5 ons. tS --@ SEs. ~-S* 388253 4 al 5 oe - ae a +1 peice 8 PEERS =38t =8eF " 16a 16h 16% 214 24 24 w Ww +41 os 8 132. 132 ve 2 21 =? 24 6240 «(24 $00 15a 15% 15a 500 16a 6 16h 7% 678 O78 +1 6 6 $54Ve S4e SA 170 be As 63 32 v 23 Hard Carp Hawker § Home A HB Ol! Gas 500 56 Kt a0 2 +12 500 6 6 = sion 14g L ager " Inland G p Inland G w Int Bronz p Int Nickel Int Util pr Inter Steel i} % 1" Ws 2 $27% 27% 27% --- S10% 104 14+ we wv Ww = % 400 400 ou 1) 2 600 $n 23 1 es 894 are aie tae 125 $544 1 Mh 234 wm Va sm % 2% + Ve 6 =v 5M OTTAWA (CP)-Finance Min- ister Sharp concedes that the federal government has "left too much to be done by mone- "th policy." e warning of higher taxes in his anti-inflation speech Sept, 8 indicated monetary policy ex: ercised by the Bank of Canada may be supplemented soon by fiscal policy exercised. by the tax collector, The bank has worked within broad practical limits in the last 1% years in its attempts to ing credit conditions, the money supply substantially, But this has only tempered growing shortage of funds, lished March 11 Governor Lou's Rasminsky said: Oshawa Concrete Blocks Find Market In Alberta OTTAWA Canadian products which won 4) acceptance Design National the Department are being successfully market- ed at home and abroad, Many of the products are be- ing displayed at The in the "67. program of Design Council of Canada- in Vancouver, the and Industry Design Centre, Toronto, and in Mont- Me real and gram promotion Industry Plans Hespeler Plant HESPELER, Ont. (CP)-- 'B+ |Hespeler has sold 10 acres of 135 si $15Va 1 5 154 vj industrial land to Bundy Tubing, pro- includes the Well-designed mailing of catalogue tear sheets to potential buyers. Latest direct result of the| tear sheet distribution was an} 'instant" order for two car- loads of concrete blocks from Oshawa, Ontario to Calgary, Alberta, The Calgary architec- tural firm which placed the order did so within a few days of receiving the tear sheet. The objective of the Canada- Design '67 program is to en- courage the production and sale in 1967 of well-designed Cana- dian products, particularly those relating to the numerous Centennial and Expo building projects now being constructed. PRODUCE to retail carton eggs average ts exercise of control over cash reserves of the chartered banks has served to increase the climb in interest rates and the In his last annual report pub- "The bank has sought to fol- low a policy which took into ac- count the possibility that the in- v Aid: } Anti-Inflation Moves influence the course of tighten- crease of total demand might outrun 'the growth in the effec- tive capacity of the economy. "Monetary policy will con- tinue to have an important role to play in this connection but extreme reliance on it would not produce satisfactory re- sults." iSITUATION NOT NORMAL Mr, Sharp's speech Sept, 8 conded such over-reliance re- sulting in "difficult and abnor- mal" conditions in the capital and money markets, Chartered bank deposits plus currency outside banks--main components of the money sup- ply--increased by slightly more than $1,000,000,000 in the first six months of 1965 and by about the same amount in the second half of the year, But it grew by only $300,000,000 in the first six | variation, Total chartered bank loans have been similarly affected. They grew by $840,000,000 in the first half of 1956 by $941,000,000 in the second half but by only loans were actually lower in June than in January after ad- The Bank of Canada has been able to shelter Canadian money markets to an extent notably restraining the short-term mar- ket this summer during extreme fluctuations by its U.S, counter- part, But such occasional moves to] " only to make for credit condi- months of this year according} to figures adjusted for seasonal! polag cause of a slowdown in the in- dustry, officials said Tuesday. VANCOUVER (CP) -- Some e yed in the British |the Columbia lumber industry are laid off and some small companies are closing be- Saiee Vi i let ee STOCK MARKET TORONTO (CP)--A weakened industrial market Tuesday has some brokers worried that the Toronto Stock Exchange is spy dey into a period of declin- ees. in figar Martens, an analyst with R. A, Daly, sald he ex- pects prices will adjust to lower levels because there has been no news to cause the market to rally. The industrial index Tuesday fell .74 to 146.39, its second con- secutive daily drop. Volume was heavy as 4,664,- 000 shares were traded com- pared with . 3,884,000 Monday and was the largest volume since April, 1966, In the main list, International Minerals slid 2 to 60, Bank of Montreal 1% to a low of 53, Moore Corp, 1 to 76% and Fal- conbridge 1% to 87. Massey- Ferguson and Alcan each tum- bled % to 25% and 29%. On index, base metals were off .29 to 87.80, western oils .25 to 105,61 and the TSE .66 to 140,01. Golds moved up .35 to 170,39. DIVIDENDS $197,000,000 in the first half of} this year. Unsecured personal] justment for seasonal variation, | {mon 12% cents; By THE CANADIAN PRESS I, T, L. Industries Ltd., com- pref. 40 cents, | Oct. 1, record "sept. 23. Simpsons-Sears Ltd., class A 15 cents, Dec. 1, record Nov, 1. General. Steel Wares, pref. $1.25, Nov. 1, record Oct, 7. Maclean - Hunter Publishing Co, Ltd, common 20 cents ex: iy 20 cents Oct. 27 record Oct. "Bank of Nova Scotia 65 cents cushion or absorb pressures in TORONTO (CP) -- Wholesale|financial markets are intended| § suze 10 cents. Nov. 4 record Sept. 30. Dalex Co, Ltd. pref. $1.75 Lumbermen Out Of Wor As Industry Slows Down ag, we sharply in Canada and ited States because of a drop in housing =. and other factors. Prices for B.C, ee here have dropped between and $7.50 per thousand, employe industry, pos at least 600 men had been laid off in the past two weeks and another 250 men would be out of work soon. Meanwhile, the Truck Log- gers' Association of B.C. called & news conference Tuesday to announce it was going to ask the provincial government to cut its stumpage and royalty rates in an effort to ease a "serious situation," President Bruce Welsh said at least nine member trucking firms had been forced to close down because of the glut of un- sold B.C. 'logs. He said his group also will ask Victoria for a moratorium on quota cutting requirements. 'CAUGHT IN SQUEEZE' Peter Bentley, president of Canadian Forest Products Ltd., said his company is "caught in the price squeeze. Costs here continue to go up while selling prices--if you can sell--are go- ing down, I'm not optimistic about an early solution." He .announced his company would 'close the sawmill at its nearby Eburne division because of a lack of lumber sales. About 250 men would be laid off, he said, Meanwhile, Welwood of Can- ada Ltd,, also announced it had laid off 130 men at two of its hag ma In Victoria, Lands and For- The , international itegarya ests Minister Ray Williston sald)tion the rere would study Maratea suggestion dey Hin yar hat good will a naeiae wo . . poy he is best equipped to provide you with clean, competent, guaranteed eine Service. Lander ~ Stark and their own stoff of fully qualified heating tech- nicians, Whatever you need to make your home more comfortable, any time of the year . Air stig and De-Humidify- ing in Summer . Ifying in Winter. +' for fast, 725-3581, autho eating and Humid- . call in Lander-Stark reliable service. Just phone eee, 43 KING STREET WEST, OSHAWA 725-3581 we 4, (of Canada Ltd,, making way for| a new industry 'that initially will lemploy up to 100 persons by next spring. Mayor Ted Wake said Tuesday the company, with head office near Toronto, would construct a 40,000 square foot building to manufacture copper plated steel tubing mainly for automotive and ag- ricultural markets. 2 WwW 2 55 4 7s 125 % ; w weighted prices quoted by 'the tions "appropriate in the light lepartment of agriculture as of|of the current and prospective : Tuesday: A large 66 A medium|state of the economy" as the ail tot' Cait tent Ont 'or 62.7 A small 45.4. | bank put it in a submission four| urs Prot, Sh%, conte Det ate Eggs: Wholesale price to|years ago to the royal.commis- Nov. 1 record Oct. 1. country stations fibre cases| sion on banking and finance. |; quoted by the Toronto Board of} Mr. Sharp's view of the "cur- Trade from wholesale egg deal-| rent and prospective state of the ers: Extra-large 59-60 large 58| economy" now includes thoughts medium 55 small 39 B 40 Cj of more effective measures than| 35, the Bank of Canada can apply. Sept. 30 record Sept, 23. Life Invest Life inv wt EXP06/ M 4 "4 " 625 30-130 $8e8SsdesFe83=8icessstskszesce TRADERS EXPLORED Manitoba was first explored along the routes of its great riv- ers by fur traders. 38 125 $10% 10% 920 $494 48\2 1470 811% 11% 25 823% BY By 100 32% 1560 S10% 10% Onn 49K 488 00 4 9M 100 S10¥e 10% 165 $13% 19% OO $11% 11% 230 «$8% ig % Wu--- "m+ Pac Pate w Pembina A nd 6" ice vt i ae 1 % MMe) 80 95 95 ~ 5 1 "6M Ba ang 300 165) «145 - 975 «975 s =$ 20 20 290 +3 "a 2s 8 = $10 10% 0+ 2 nm nm sell Pow Corp Price Com Sayvette "oe Shell Inv p $50 Se A+ Ve $4 0634 1% 13% 3% 1a a ges St Pavi bog her 4 =~) Stee! 4 | Steinbo A | Thom N P Slater Sti i' i'+ & 10% 10% oY 220 Ve 19% ie wut 2309810 10% 10% 100 475° 47S 47S) = 25 $27 7 = 655 450 650 4005 816% 16 1h $144 144 Mae % 2 2 Traders A Transair Tr Can PL Tr Can Pw 2? Weldwod ell Fin te Weste'st West ind West Ind A Weston A Wstn épr ? West Awt 5300 40 200 «200 «6200 410 «410 «410 $i7% mv 17 1] 10 $102% 102% 102% + Ve 1902 815 810. «815 [Za | Woodwd A 100 S24% 24% 244 + Ve Sales to 1! @, 841,000. seen Maa ~ = wit Siscoe sr BOND MARKET TORONTO (CP) -- The Cana- dian bond market closed gen- erally unchanged in a session of extremely light trading Tues- day Short-term. Government of Canada bonds closed with the 4\%-per-cent April, 1, 1967, issue at $99.30 bid and $99.40 asked Long-term Canada and pro- vincial issues were also un- changed with the Government of Canada 4%-per-cent Sept. 1,/ 1983, issue quoted at 85% bid and 85% asked. In provincials, | the Ontario Hydro 6-per-cent July 5, 1988, closed at 97% bid} and 98 asked. Day-to-day money traded at) 5 per Cent. 900 145 800 120 OILS, GAS m235%5 205 100 $13% 134 1324-- Ve) 600 Willroy Yukon € LINED SLACKS Warm slocks in @ rough end tough durable fabrie--will sur- vive extra heavy wear end tear! Assorted sizes 995 and colors. SPECIAL SAVING GIRLS' LINED SLACKS Available in assorted colors ond sizes, NYLONS First quality seamless mesh | nylons in fashionable new shades, SPECIAL ....... pr. MeCORMACK'S GRAND SLAM | TC ge tt) BRIDGE MIX SPECIAL 0380 ® PREMIER TRICYCLES A sensational saving on this imported sturdy but light weight tricycle by Premier, Features a 23" front wheel with block rubber tires, red plasticized frame and « red saddle with springs. SENSATIONAL SAVING MEN'S LONG SLEEVED SPORT SHIRTS Harn 'apered sport shirts with @ sateen Tinh, Choose your favorite coller style from reguier or button down--both styles in drip dry fabric v| +0 $40 100 Stam mn an 400 $11 vv yoo = = 2 700 950 ™ =~!) 1150 $22% " 1760 31S 30S 200 $10 10 Available. sizes and SPECIAL i su wg- on GLENELLA PLAID SLIMS Fashionoble ploid slims in four assorted populor plaids. Tapered fit, side zipper. Sizes 10 to 20. A great idea for you, your family, for gifts .».now available at special discount prices: Through any branch of any chartered Re sev be " odin ade bank, you can buy -- at bargain prices , OTiginal and thoughtful way to say "Enjo I" to an you'd like to -- Passports to see the extraordinary "Fiene on any giftoccaion birthday, spectacle of "Man and His World".And = anniversary, graduation, Christmas, you can start planning to visit Expo 67 Also ideal for prizes and awards, during the 6 momentous months in 1967 ae prices rage php pe | ' ni entrance scores oe om Wor! Bebhiies & in avilions, and unrestricted travel on progress. See "the life of your time" = -- « throughout the vast and have "the time of your life"! area in Montreal. COOHOHO OOOOH OETOSED ESR OOHOEDODEEOSEESEOESESOSSOOODESOOOS PASSPORT PRICES Regular Prices at during Expo $2.50 +++ +1+ +1 INDUSTRIALS S80 S10%) 10% 10% 100 460 460 460 Abitibi Acklands neater +5 MANAGER AUTOMOTIVE CENTRE J SHEPPHARD AT KENNEDY TORONTO BE Goodri ic h, Combination End Table and MAGAZINE RACK 4 handsome pross furtiiture com- bination to use as an end table ond magazine rack, 2!" high, 9" wide and 16" tong. SELLOTAPE An 4 ems and rapidly expanding chain of Car Care Auto Centres provides a rewarding Store management career for an_ individual possessing experience in the sale of auto ac- cessories and parts, and miscellaneous automotive services. Present Prices If you are 21 to 36 years of age, have an affection : 208 gap aad for automobiles and want the responsibility of man- ~~ aging an Auto Centre, you probably are our man. The appointment offers a comprehensive training program in all phases of store management. A good salary with excellent bonus incentive pro- gram is provided. Company-paid pension, hospital- ization, insurance and medical programs are but a few of the benefits received once employed by B. F. Goodrich. Daily Passport Weekly Passport (7 consecutive days) $7.50 $12.00 Season Passport $22.50 $35.00 Passports for children aged 2 to 12 available at half price; also special rates for youths. SPAS OSHSSSHSSSHSSHSSHSHSSSSSSSSSSSSSHS SHS HSHSSHSHHSSSSHSESSSEE Assorted CUPS and SAUCERS 3 rolls stapled together for the price of two! 820" Available in several shapes and de- loor model, signs and floral classical patterns, of tape with its own tee dispenser ! S$ 99 SPECIAL 88° 48 3 ROLLS SATISFACTION GUARANTEED OR MONEY CHEERFULLY REFUNDED 2 STORES TO SERVE YOU BETTER KRESGE'S BRASS FLOOR Record Holder Holds up to 200 of te oo AY io 18" 21" high y ape eeseeeveseeseses C8689 OCSEESSS8 'our fovor- Buy your Passport now and save... and start building a Family Expo 67 Tour Account at your local chartered bank branch, Be sure your family sees Expo 67 April 28 to Oct. 27, 1967 = at Montreal, Que. All applications held in confidence. Call, write or phone for what can be a rewarding management career with B. F. Goodrich. 'THE CHARTERED BANKS SERVING YOU DOWNTOWN AND YOUR COMMUNITY OSHAWA OSHAWA SHOPPING CENTRE i. Employee Relations Department B. F. Goodrich Canada Limited Executive Offices Kitchener, Ontario. Bs Rae, MRL the Swe Semen Ne be bil