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2 TME OSHAWA TIMES, Tuesday, December 19, 1967 . . 4 2 acne heen rr OUR ECONOMY i A i : eR i BR A RG GR 0 sO AR 6S GS DO A Rak A ee sas ee oe FR BO Oe HH HB aan _ ae SF 1 | | gO ts 7 7 Lt T 7 A | ea', , } : rtf +414 4 + +++ +t ec if P ear + wo tell Be re oe Dies (BB CI 1 = TODAY'S STOCKS | pusinss spoTucHT TORONTO 10:40 A.M, STOCKS 10:40 Net Distributed by CP Stock Sales High Low a.m. Ch'ge Toronte Stock Exchange--Dec, 19 BC Phone 70 $565 S56 S62 + Me Quotations in cents unless marked $ BCPh 4% p 5 $76 76 76 2--Oda lot, xd--Ex-dividend, xr--Ex buLP S94'2 94'a 94la rights. xw--Ex-warrants. Net change is Bruck B 0 $9 9 9 + from previous board-lot closing sale. Bunt Rid $10% 1058 + MINES Sales High Low a.m. Ch'ge C Morisn Con Nichol © Rambler € Red Pop $4 94 * Canwest 686 § 5 Cop Fields $ ' Cop Man . Coulee 8 a % Craigmt 54m 1558 Estland 9+ Ve Daering lala DA 222 Deer Horn 9% D'Eidona 9078 BY Denison Dicknsn $ Ye Discovry $ es 7% . Dome Donaida East Mal East Su! Endake * Giant Yk Goldray Gortorm Grandroy Grarisie Guich "a Gulf L Ms Gunner Hastings ve Hollinge Huds Bay Hydra Ex Int Bibis T 5 Iron Bay T . Jaye Exp : delex Jonsmith 1 Kam Kotla : Kerr Add Kelly Osd Vs K Anacon ° Kid Coper Bs Kirk Min : 7 a pl Mg is oss Int Nickel 67 $128 12734 12784 -- Va L Dutavit 905 900 a75 900 an) int Ut 620 $41%e 41'2 41% Leitch 245 $10% 10% 10% 4 % Int Util pr 925 $41%e 41 41% Liberian 1460 980 980 980 Intor Pipe 785 $22! 22%4 22\4-- Va LL Lae 200 20° «208 20 +9 ae 8 Ya Lorado 700 86 «086 RS 7 a+. Louviert 400 12«12':~«*172 Macass® 616 18 1 7 = 8 *§ Madsen 1000 160 «4159 «1599 -- 1 Malarti¢ 1400 52 «S252 6 + We Marchant 500 66 666 Martin 6000 20 2 «20 Match 1000 BH BA BI + 4 Mattom! 900 $142 1A Wa + Ma Mcintyre 170 $82 82 «#482 «+2 Midrim 1300 78 «78 7B Ot 2 4 Mogul Min 3800 440 435 435 uti 1000 130 128 130 at Ma New Ca 000 35 3535 WN Goldvue 5000 $ S$ S$ N Harri 2500 14 14 14 N Hosen 1800 165 164 165 +1 N impr! 10880 335 «310-719 -- 90 N Kelore 3509 & & BA+ Mo Newnor 1500 (13% 1 n 24 N Que Ragi 400 600 400 . 400 N Senator 4300 25' 25 25 -- ba N Rim 12100 17% 17 1 Nor Acme 4000 18 17!% 18 Norbasks 040 44 44 Ad 2 Noriex 3000 16 16 «16 + 10772 $1)%% 11% V+ Ma 200 37 3 % --1 100 114 1% 11% $10 960 960 960 Pamour 500 255 250 255 5 Paramaq 5000«*11.--=ié=«*2M'sdNWA -- 14 Patino 127 $134 19% 13% -- Ve as 5 440 640 435 440 ont Primary Distribution Distribution of Treasury Shares tock Exchange has been} | INDUSTRIAL re Py as ge 400 A te Be . 35 d Wiar a " 73 9 | 4 3] 4a "w 4 470 $38" 384 #4 -- a] =83o 4 @ "panies in a northern development, Northern Development By DON HARVEY EDMONTON (CP) -- North , ern Development Minister Laing announced last week in the Commons that the federal government would join 20 com- three-year, $20,- 000,000 oil exploration program in the Arctic Archipelago That's a lot of money to pour into a northern exploration pro- gram, but the participants feel the potential is worth the risk Cc. R. T. Bingley also believes despite its hazards, is worth the invest » ment As manager of the Edmonton branch of the Industrial Devel- * opment Bank, Mr. Bingley deals with businessmen in Northern Alberta and the Northwest Ter ritories. "We don't believe borrowers provide northern a greater risk than anyone else in Can- ada,"' he said 'A loan' application from a northern businessman is given the same consideration as any- one that goes to our offices else- 22 2 1500 $6 4265 $15%R 200 $20 300 300 490 $10'2 1 0 2940 $2934 295% 29% -- Ve 100 $19 1919 Morse pr 150 $S1%@ 50° Sila +1" Morse B pr 100 SSI' Sile Slia+ \s Naan os it H ' Niag Strue 100 ' Noranda 1105 51% Nor Cli G 91 10 Nor CtiG p 225 23% + Ve NCG B 2p. 475 $27% 2 2 * Ocean Cm 225 $1912 19! Ogilvie 750 $1 * Ont Store 4 Oshawa A * Overland Pac Pete Ve Pembina 13 21 Phillips Cb 100 $94 9% 94+ Pow Corp 100 $732 738 73s Price Com 500 $9%4 9% 9% + Ye QN Gas eee ee Rank Org 2105 $612 6'4 6'4 Revenue 2778 $16%4 165% 16% + %4 Revenue w 100 $122 12% 12)2 7 Rockower 250 $ n Rolland 150 $7 Romfield 2000 3 rothman ® Royal Bnk ae Roya! Trst 220 $17 Russell H 300 $14 " StL Corp p 710 $80 Salada 520 $10 * Scot York 4 where in the country. Like loan applicants elsewhere, northern businessmen must satisfy us of their need for a loan and meet a few conditions." HELPS BUSINESSES The IDB, set up in 1944, is a subsidiary of The Bank of Can ada and makes loans to new or existing businesses when money is not available from other lend- ers. The IDB's statement of ac- counts for fiscal 1967 shows .21 N.W.T. businesses had $968,000 in outstanding loans at Sept. 30, compared with 34 loans worth $2,879,000 since Nov. 1, 1944. Av erage amount of each new loan was $8,000 in 1967 and 1966 com- pared with $3,000 in 1965 and 1964, Interest rates on new loans follow closely the general cur- rent level in the country 'We can make loans to al- most any type of business, ex- isting or new,' Mr. Bingley said "Among the exceptions are daily newspapers and _ busi- nesses that make most of their Tancord p Texaco 120 $3034 2415 $13% Tor Dm, Bk y 4 + Va Traders A 21087 % 7% 7% Traders 5 Pp 7220 $26%4 2634 26% Trader A p 220 $2158 2158 21% Transair 200 $6 46 66 Tr 890 $25% 2534 259% -- Va 1115. $187%@ 1834 1894 100 $45 4545 2 1 16 ¥ 7. " 5 $12 2 225 $133 3%4-- Ve 1200 $11% 11% Il!2-- % Wainoco O 3500 95 94 95 + § Walk GW = 1565 $32\@ 31%" 31% -- § Weldwod 225 $11 lle 11% Westc'st 915 $23% 23% 2312 Westee 225 $1758 1758 17% W Cdn Seed 420 295 205 25 +8 W Pacific 75 36% 65% 6% Weston A 150 $14% 14% 1439 Wstn épf) 30 995 95 9S 4 White Pas 160 $272 27'2 27'2 + Ve Weodwd A 410 $1794 17% 7% Zellers 25 $36\%4 3614 36\4-- Va 618,000 Sales to 1) a.m. FOREIGN TRADING Moore Corp 25 $322 32'2 32% Place Gas 100 190 190 190 25 Leitch Gid 7220 475 475 475 Northgate 200 $132 13'4 134 + Pine Point 100 $51 5} 5 3 Sherrit 500 480 480 460 45 BERTHIERVILLE CANADA The atmospoh i, of a London Club , with 70 stoppa * Worth Big Investment money selling alcoholic bever- ages Northerners face a universal bank requirement: they must satisfy officials they will be able to repay the debt and manage the business soundly. POTENTIAL STUDIED Another factor is that the IDB! 999.900 new dwelling must be reasonably satisfied the|vear, And federal - provincial/the answer. The first problem| business has increased profit potential. "Sometimes a loan is like a shot in the arm and can ac- tually increase a businessman's profits,"' Mr. Bingley said. The IDB does not have 'risk capital" to offer. Mr. Bingley said a_ person cannot expect the bank to lend money backed only by the bor- rower's faith in his idea. He also must put up money. "The amount we will lend de- pends somewhat, but not alto- gether,'on the amount the busi- nessman himself has invested. Each. application is treated on its own merits." BUSINESS BRIEFS By THE CANADIAN PRESS WORK STOPPAGES DOWN The country's 71 work stopp- ages--27 in Ontario--during November involved 19,248 work- ers and accounted for a loss of 960 man-days, the federal labor department reported in Ottawa Monday. This compared during Octo- 5 workers and 850 man-days. ber involving a time-loss of 4 AIDING AGRICULTURE The government will consider, ~ action to help any part of the agriculture industry damaged by Kennedy Round tariff cuts "4 starting Jan. 1, federal Agricul- ture Minister Greene told the Commons Monday. TAX RATES CUT Reduced rates of British tax on a wide range of incomes paid to Canadian residents became effective last April 5 and forms for claiming rebates now are available at national revenue of- fices across Canada, the reve- 2 nue department said in Ottawa Monday. cre When the accent is on relaxation, and the feeling is crisp and clear. - When a glass is raised for a toast of friendship. Then is the time for London Club. Dry as-can be. Light as a dream. Treat yourself to Melchers' London Club. Canada's London Dry Gin. | J. Harrigan Housing Shortage OTTAWA -- General conclus- ions drawn from statistics can be comfortably misleading. For ly. of five and a half million dwel-|But city living, particularly in lings. With a population of some-| the larger centres, is_more prof- thing more than 20 million this|itable even with higher living Uneven Distribution Seen A : 7 ? "a | | would mean that with even dis-|costs. If you live in Canada's|!and, transportation corri \tribution every Canadian man,|largest cities and have a job|provide the quickest access to Ltd., 5-per-cent pref. 25 cents, | DIVIDENDS By THE CANADIAN PRESS Alberta Gas Trunk Line Com- pany Ltd., common 33 cents; 4%-per-cent series C pref. 1.19; both Feb. 15, record Feb. 1. | Anglo-Canadian Pulp and Paper Mills Ltd., common 18 cents, Jan. 8, record Dec. 22; 281% cents pref., Feb. 1, record Cause acteristic of the trek to theynot next year, in a pilot pro- Jan. 8. cities which is increasing year-|ject which would provide per- In part it is encouraged haps a dozen model satellite .ommon 17 cents, Jan. 15, rec- example, Canada has 30 mil-|by the fact that people like to|\communities on -the fringes of ord Jan. 4; class B.common 5-10 lion rooms spread over its stock'be where they can find action.|the bigger complexes. of Anthes Imperial Ltd., class A I-per-cent plus 14 second Each would have properly ap- pref. shares of a par value of 1 portioned open space or park cent each, Jan. 15, record Jan. 14 nore Inland Natural Gas Company jwoman and child would have|the chances are that you Willlthe parent city. The lengthen yan, 15, record Dec. 31. ja room and a half to live in./be earning 20 per cent more Canada would be far ahead/than if you lived in a city with). of any country in the world in'a population of 10,000 to 30, providing living space. Canad- 000. he ians would not be under pres-| Last week's conference fail-| ing time in getting to and from jobs problem. Scottish and York Holdings serious Lid,, common § cents, Jan. 15, become & lrecord Dec. 28. has sure to build more and morejed chiefly because of a basic dwelling units. The Economic] difference in approach. The pro- Council would be estimating vinces sought more money to) that by 1970 Canada would need| build more houses. But money) units ajalone, they were told, was not) conferences such as the one that'to be tackled is planning for collapsed last week in Ottawa'the spread of big metropolitan would be necessary. areas. But, of course, it is not the case. Not only is there very un- even distribution by area and income but about 50,000 dwel- jlings should be wrecked and| replaced every year to main- tain decent standards BIG CITIES BIGGER The combined population of Toronto and Montreal in 1966 passed the four and a_ half} million mark. The Economic Council tells us that by 1980 it Canada has a housing stock Will be more than seven mil- which is probably second only /ion. Nearly one - third of the to that of the United States entire Canadian population will both in adequacy and quality. live in Montreal, Toronto and Nearly half of it has been built Vancouver. since 1945 and only one - quar- Another third of the popula- ter is more than 50 years old.|tion will be spread over 26 ur- In the past 12 years, for rough-|ban centres with Winnipeg, Ot- ly during the life of the latest|tawa, Edmonton, Calgary, Ham- National Housing Act nearly ilton and Quebec absorbing one- two million units have been ad- half of it. The other 20 centres. ded, 40 per cent of them as- such cities as Sudbury, F ort sisted by federal funds. William, Port Arthur and Sar- : nia will also have problems. OVERCROWDING At least 500,000 acres of new Yet thousands of Canadians;land will be needed to take care live in overcrowded condi- of this expansion but unless tions, whole families in one there is proper planning for its room and not always solely forjefficient use three or four times lack of money. Others share this acreage will be needed. a house with one or more other' Even if the Ottawa coffers families with no opportunity for had not been so nearly empty privacy. More than 12 per cent it is doubtful if the provincial of all Toronto families do not demands would have been sat- live in self-contained accommo- isfied. The basic Ottawa ap- Brewers Retail Stores OSHAWA Will Operate On Special Hours of Sale the week of December 18th _ Check with your local store for times ALL STORES WILL BE OPEN AT 10 A.M. ON FRI, DEC. 22ND AND SAT. DEC. 23RD CLOSED DECEMBER 25TH AND 26TH AS WELL AS JANUARY 1ST ? Brewers Retail Operated by Brewers Warehousing Co. Ltd. dation proach is planning. It is ready This doubling up is a char-'to help the provinces, though! YOUR NAME'S look Here. . . For The Best In Service - -- THE GAME Products - Prices! RUSSELL'S TEXACO featuring @ Allen tronic Tune-ups for Fall @ Firestone @ Good- year Tires OSHAWA TOWING ae: parc sh oshawa 728-7711 R. Young, 39 McLaughlin DODD & SOUTER Decor Centre @ CUSTOM DRAPERIES @ BROADLOOM z Stent | LOOK YOUR BEST In Freshly DRY CLEAN To man t] Whitby Cleaners Ltd. 150 COLBORNE E. 668-2345 Ajax Cleaners 72 HARWOOD £E 942-0310 728-3293 288 BLOOR W. UNDER NEW MANAGEMENT Serviceman" when it comes to cars. Now in his own business (Corner of Bloor and Rob would be pleased to serve his many friends and former eustomers, "BOB" GIBBONS ESSO SERVICE PAINTING and DECORATING CONTRACTORS 107 BYRON S., WHITBY REUPHOLSTER.. .. for that "LIKE NEW" look people . . . Bob Gibbons ie "Mr, UPHOLSTERING SPECIALISTS AT REASONABLE PRICES. '*& Furniture Refinishing & Restoring % Custom Built Furniture. Darlington Upholstery Bowmanville 102 King St. W. 623-7341 Henry Kroon, 406 Jarvis A Really Good Place To Buy A Finer Used Car 166 KING E, BOWMANVILLE, ONT. 623-3396 | FREE DINNER If you find: your name in this advertisement, bring it in to the Rib Room and receive one paper WIN LP RECORDS FREE! Fach week names of local persons will appear in these odver- tisements. If you find your mame, cut out the od . it into the Oshawa Times, except for the Genosha Hotel. winner. Winners must claim their prizes one week from the issue of New Location 506 Simcoe St. S. . bring Oshawa 728-7585 Dinner Free. Compliments of the GENOSHA HOTEL 70 King St. E. HEARD'S TAXI When You're On The Move Call 124 Brock St. N., WHITBY -- 668-3732 Redio Equipped For Your Convenience James Northey, W. FRANK REAL ESTATE also 21 King W. Bowmanville and CARTAGE Townline N : 100% PROTECTION IN ALL 22 CRITICAL RUST AREAS we wnom cHrom: POOF se at 8 mine tone pes wsiot Wow west 'Tan WOHT wris wm S108 wsior \. N QUARTER PANELS \ ROCKER PANES \ (SIDE FENDER WELLS INSIDE DO LIGS World's Largest Rustproofing Specialists Ziebart AUTO - TRUCK RUSTPROOFING = 660 DRAKE ST., OSHAWA 576-0810 perEcTeO FLEXALUM Venetian & Vertical BLINDS @ Quality workmanship @ Commercial: and Residential @ Free Fstimotes MIL JELINEK AWNINGS Cenvas & Aluminum Products Townline Rd. N. RR2 Oshowe 728-1993 Evening Calls Welcomed Groceries & Variety @ Serving delicious home cooked meals @ Open 6:30 A.M. till 10 P.M. Daily except Tuesdoy TAUNTON RD. Just West of Thornton Rd. §. G, Sargeant, 463 Ritson S. Special Offer Timex Watches 20% off all models including electric models. WARD'S BILLIARDS 70 King St. W., Oshaws H. Melvin, 313 Chestnut, E. Whitby Zolian & Nicks GARAGE Dotsun Soles & Service .728-0051 Specializing In... VOLKSWAGEN Repairs & Ports LOOK YOUR PRETTIEST | FOR THE PARTY SEASON AHEAD | With our heirstyles . . . wigs or hairpieces, @ Eyebrow | and Eyelash coloring. OZIMEK'S Modern Hairstyling 367 WILSON S, 723-5631 4 me 160 Simcoe St. S. RAY'S SMOKE & GIFT SHOP 1188 SIMCOE S. 576-0790 YOUR SOUTHEND CHRISTMAS GIFT STORE . . . featuring TOYS, GAMES, CHINAWARE & PLAQUES +++ @ full line of Cards and Gift-Wrap THE AREA'S FINEST WINTER SPORTS CENTRE | Wy Protect Your TRUCK OR TRAILER Sandblesting & Ninny Sproy Painting P ud Otter ee rhe d SWISS CHALET SANDBLASTING 485 Waterloo 728-9791 461 Beverly PARK Hwy. 7 Greenwood 942-6557 Electrical Work || SEMON'S Complete Electrical Contractors || SHELL SERVICE e Wpotsicig| hesmentia) ond 97 King St. E. at Mary 576-1360 @ Complete Car Care Lubrications & Tune Ups @ Electrical Heating Specialists CARLO'S ELECTRIC Member of Ontario Electric Heating Association 492 Elizabeth St. Ignition & Carburetion 725-8909 Specialists LI'L ABNER DILLY | @ TREME} @ G.M.A. MICKEY MOUSE GRANDMA E " ©? = JULIET JONES THis 16 TOO MUCH! YOUR LONG= LOST SISTER'S NAME 16 EVE... AND HER BIRTHDAY 1S THE... THE SAME AS MINE! r FOR CHRISTMAS WE GENRALL' HAVE YARO'BIRD'N YAMS,,.A\ FOR NEW YEARS... 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