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I I I I PAGE SMX Ccnadians Losing Out On Property Investments UTo own a home is tIc drearn and goal of most Canadians, but their interest in real estate ends right there." "This failing," states Donald H. Koyl, Presi- dent of the Canadian Associa- tion of Real Estate Boards, "means potential investors of this countr-y are losing the chance of a lifetime . . . one tbeyll live to regret." "«It sn't that Canadians are financial dullards and entirely blind to the potency of real es- fate investment," states the Saskatoon Rea1tor, "It's just that we can't seemn to find our way to this field of opportun- ity, until somne outsider blazes the trail and skims the cream.'l The trouble with Canadians, he maintains, is that tliey are cxposed to too many Klondike gold finds, Leduc cil bonanzas and other alluring tales of vast hidden wealth lni Canada's far North. "Too niany of us believe lIat the only hunk of Canada worth investing ini, lies in some sub- ternanean strata. Putting our money into some forim of nemi pi-operty. . . som(ething we can see, touch and walk on.-. would appear to be the farth- est thing from aur mmàd." Yet, lie points out, Canadians are prone to protcst wlien for- eign Investors invade their do- main and buy Up blocks of land, apartment pnojccts and office buildings, iglt -from under fleur nases. "Il rank outsiders, albeit as- tute, can foisec advantages in long terin commnercial real es- tate, in this country, above ail others," says ?&f. Koyl, "then it is about high lime Canadians -found a seat on their own ]ROYAL lu, THURS. TO WED. (One Week) JULY 9-15 M.alinee Saturdav ai 2 v.m. enum ChidTep'4 wice:. 25 cents anytime and bnd wagon. In a rnnthly report le mm- bers acrom the nation, the C.A. R.E.B. hilet explains thsLt there are opportunities galore for I- vestons of Real Property of every description, clear acros Canada. The chances are there impatiently waiting for sorne one to coame along and act." These opportunities, ha urges, can be found in a small vacant lot in the block wliere you live . or a partner-ship in an apart- ment building syndicate,. or pcrhaps a share n a farmnland tract which could one day be- corne a housing or industrial sub-division. . "Since the end of World War II", says hMi. Koyl, "there las been a noticeable trend on the part of Amenican and European Irivestors to divert their hold- ings from the nietal and bond markets, to good and 9oid, realty investinents ini Canada." The reason for this is that nemi estate is safer and quite often higlier yielding over tIe long haul. In the past 14 years, he notes, Americans have pumped up- wards of a billion dollars into Canadian Real Lstate; this apart from montgages held by American based Insurance Companies. And, although DBS figures are lacking, it would be a reasonable assumption that this amount bas been near- ly matched by investment mon- ies from abroad. "Year after year, the amount of foreign investinent in Can- adian Properties has been gnowing at a staggering pace." Mr. Koyl concludeÉ. "Last year alone, many more millions was channelled in -from îlhe U.S. and it is estimated that further millions will cross the border this year. What more assurance do Canadians need te convirice tlemn they anc on tle ground f on?" KEDRON Kedron Doubles Club beld their annual picnice t Spring- ,hili Park, Brooklin, on Satur- day afternoon, July 4, witli 56 present. The program of sports was convened by ii-. and Mis. Rus- sel Down, Mr. and Mis. Doug- las Love, Mr. and Mrs. Ted Maidman, and M&. end Mrs. William ,Woodward. Ail dhldi-en under 5 receiv- cd a gift. Race results - Boys and girls 5-7. Wendy Hlitehens, Joxhn Ogle; girls- 8-9, Gloria Woodward, Joan Ogle; boys 8- 9, Tommy Ogle, Ralph Barnett; 3-legged race, Gloria Wood- ward with Karen BSeck, Marie Maidman with Canolyn Spen- cer; girls 10-12, Marie Maid- mnan; paper plate race, Ruth Hitchens and. Russel Down; Canolyn Spencer and Lorne Tregunna; sack race, Ted Maid- man, Ben ,Hitchens; dnlving nails, Mary Woodward: chariot race, Pat Rosnak and Derek Barnett, Ruth Hitcheris and Bill Snowden. Evcrett Mount- M SAVE!l Pi-e-Season Prices are Lower ON FA&MOUS READING A&NTHRACITE THE WORLD'S FINEST HARD COAL - RED TRADEMARJC STOVE - NUT- PEA - DIBUETS *Ample StocksPh n *Better ServicePh e mgr Coal is your best home-heat- MA 3-54l0 ing buy. It's fast, safe, dependable, supplies ample warmth even in cold- For est weather and is economical to use. Place your order ncw for immediate Prompt Delivery delivery. Avoid the rush whenth first cold spcll strikes. Cal loday!____ STEPHEN FUELI I Office at C.N.R. Yards, Bowmanville I Mr. and Mrs. Walter Oke Mus. Walter 0ke Foliowing a long periad af taillng hem 1h, the deatl occur- red suddenly of Mms Walter W. Oke (nec Phoebc Hubbard> or Monday, June 22nd, 1959, ai Memonial Hospital, Bownian- ville, Ont. Mrs. Oke was in her 73rd ycar. Mis. Oke, the daugliter of the lette Mn. and Mis. Joseph Hub- bard, was boni in Darlington Township on June 17, 1887. Dur- ing hei- lifetime, in carlier years, Mrs. Oke was a dancing en- thusiast. As a hobby she made dozens of beautiful hand-hook- cd scatter rugs. Her greatesl interest, liowever, was ini lez tamily, her home and the tarin An adlierent of Enniskilleri United Church, thc decease< was a member of Enniskillexi W.A. and was an untining wonk. ci- when ber healtl permitted. Her husband predeceased Mrs Oke by only a tew bourg. Sur. viving are two sons, Howand and John, Oshawa, and on daugîten, Marie (Mrs. Bruce Ashton), Blackstock; four brotl- ers, Oliver Hubbard, Oshawva Ben, George and Cecil Hubband Bunketon, and two sisters, Mr$ Wm. Walmsley (Ida), Oshawa and Mrs. T. Barrington (Rose) Whitby, also survive. Twc brothens and one sister prede- ceased the late Mrs. Oke. Palibeaners were Messrs. Wnm Mahaffey, R. Vutue, F. Griffui K. Butson, A. Boyd and Rosm Sharp. Rcv. M. Sandersori, who was a friend and neighbour in biE youth, and Rev. W. A. Logan, Ennisicillen, officiated at thc double tunenal service wbich i#as beld at the Northcutt and Smith Fun- erai Home, Bewmmnville, on Thursday, June 25, 1959. Inter- ment was in Hampton Cemeteny. Fiends and relatives of the surrounding district, Toronto, Lakepont, Trenton, Oshawa and Rochester, N.Y., attended the service. There were many beautiful floral tributes fnom relatives, tniends and neighbouns and fi-cm Enfield Mail Route, Genenal Meons Parts and Service Dept., Robson Motors Staff, Cantwnighi Council, Union S.S. No. 17, Jolly Workers Club of Burketon. Enniskillen United Church Congregation, Burketon Community Supcrtest Pctroleum Co. and Oshawa Bus Operators. The very lrgely attended funeral and scores of floral tokens wene evidence of the outstanding esteem in wbicb thE couple was held. After cnjoying a life of 47 yeans tegethen, Mr and Mrn. Oke were not even separated by death whîch claime< bath of tbem but a few hours apart on the eve cf June 22nd, 1959 Thclilves of Mr. and Mrs. Oke wene symbols of devotior ta each other and ai-dent industry in cstablisliing and suppontini thecr home, which, in tle days when they were in good bealth radlalcd hospllality ta their bost of friends and relatives. Mr and Mms. Oke were loving parents ta 11cmr daughter and two sonq and lavished extremne tondncss on their eight grandchlldrcn Garry and Deboral Oke, Randy, Sherry and Judy Oke, Larry Doris and Dennis'Ashton. jay won a guessing contest and the ladies' learni won in a tug- of-war. TIh ldren enjosred a peanut ecranible. Durlng the suppen hour, iGl oria Mlountjoy was honouncd on tle occasion of lien birtlday, and bier birthday cake was Ksbared by all. Sunday Sehool was hld at the usual lotir on July, 5, but the regulai, durch. service was withdrawn tor Columbus Anni- vcrsary services. Woman's Association meeting ton July wili ha held at 8:00 o'clock, at the home of Mis. IRoss Lec, on July 15. This meeting will replace thc usual pîcnic. fVacation Sehool leaders In- vite all to attend thein closing exercises on Frlday, July 10, at ?:30 pant. wthen tle young folk fin attendance w'w i) resent a vanied program. Members ofthîe Wcrry tam- ily will mccl -for thei- annuai get-bogther et- Hampton Park on Julye 18, when the main pic- nic meial will ie served aI 12:30 p.m. Mr. andi Mis. Eugene Sweet ieo Ayiiner wene weekend gucsts 'of their daughter, Mis. Rcodger IBislop, Mn. Bishop and girls. Mr. and Mms. Harvey Pascoe wcee mong guets at the suin- mer-hoine of Mi. and Mns. Hugh Beaton of! ohawa. Mrs. Fletcher Werry, Mn. ; and Murs. Harold Werry and family were among holiday guests at île cottage o! Mr. and Mi-s. Ewart Niéhol, Lake Sim- ccc. Miss Rica Pittens is holiday- igwith relatives at Bnanmp- jMr. and Mmr. J. K. Glover and baby son, Toronto, wcrc jwcekend visitons at tbe home ofa Mr. and Mis. John Gloven. LONG -SAULT Mrs. Mortimier, Hamilton, and Miss Muriel Baker, Ed- monton, spent the weekend with Mn. and Mrs. G. Baker. Mis. Harper, Mr. and Mrs. Faulkner and family, Toronto, vi wre Wednesday aternoon Igueste of Mr. and Mis. G. Flet- cher. Mr. Stanley Fletcher, To- ronto, spent the weckend with lis parents. Mi&. and Mrs. Mansdil Wright, Bctlany, were Sunday evcning gests of Mi. and Mis. Orme ?.and Mis. John Van Bcek .afamily, Pontypool, Mr. and M.Han-y Van Bcek and tam- ily, Bethany, werc Sunday evening gueste of Mir. Rolit. Sim. Mmr. Sophie Kovacs and Mr. Gabriel Kovacs visitcd friends in Hamilton on Sunday. Soi-ny la say Mrs. R. Cameron fel she wented ta stop acting as ncws correspondent for the south lime. If any anc feels they would care ta, do this, kindly contact thc Statesman editon on Miss G. Smnith. bfrs. Rye Gibson fell and broke the main banc in ber ight foot, making it neoessai-y to have ber foot in a cast for tour weeks. Mis. Fred Partnen slipped linfthe bath tub and ahe hed la be taken to hospital for x-rays. Glad to report noc bones were broken in the hip. A quick recovery toi bath of lIese e i, e is Hydro Heats New -Offices Electrically Electric heating, wihicb bas arouscd widespread enthusiasm among Ontario home builders, will be built into new Ontario H-ydro offices tram now on.f Two systems will heat the i new Toronto- Region building i ini Willowdale when it is com- j pleted ncxt year, it was an- f nounced foday.Ll The main portion ofthîe L shaped building will use a thermal stonage systein, in wbich water conducts the leat. The o)ther wing will lave ne- sistance licatens. 1AU new ai-ca offices built by Ontaaio Hydre will ia lie heated, electnlcally. Work is th stant ibis fail on the Toronto Region building on Yonge Street just norîl of Fincl Avenue, and the staff is cxpected te move into it fnom the presant Bloor Street offices ia the late fail of 1960. BETHÂNY Over 70 members of île la- dies' and Mens Orange Ledges attended service in St. Paul's Anglican Chunol on Sunday evefuig. Rev. G. E. Meades wîo is aise the Master of L.O.L. 1022, gave an inspiring sermon. The parade to and tram île orange Hall to the cdurci wasl led by the Cemmnity Band, witî Creighton Carr as île standard bearer. Befone dismissal at the Or- ange Hall, Alex Carriuters,. M.P. cf Garden HIn, also ad-, dressed the members.i The tai-m home et Mr. and' Ms.Ronald Strong with ail its! contents o! furniture, clotbing,I etc., was completely destroyed by fine cf unknown oigin on Friday atternoon. Thc pi-oper-1 ty whicl. was purclased by Mn. Strong only about four months ago is one mile west cf bbce village on 7lA lighway and was previcusly owned by Lewis Staples. Mr-. and Mrs. Strong and their tamily o! tIi-cc chil- dren, Murray, Dianne and Donna, were not at home aI île turne. The flames coming oui of the kitchen roof were noticed by' Jack Close as le was driving along the bighway. TIce alanm went eut over thc rural tele- phone system and tIc Bethany tire fighting cquipment was rushed te thc scene, but were, unable ta be o! any hclp in saving the modern two starey trame bouse. An djoiniag shed was burned alsa. The fine fight- ers were hampered by lack of 1 water as the only source 0f sup- 1 ply, a well on the properly, was 1 locatcd close ta île burning building. At tIc big D)ominion Day pa-, race held in Part Hope, the Bet:hany Comniunily Band won the Lions Club prize far île best bnass band and the Ma- jorettes won thec Kinsman prize for tIe best majorettes corps.j Mnri. manie Yonvhugi Kitdiep- E E er, spent thie weekend wîth Mr. e 'and Mrs.P. Martichenko, Mr. OBITUARY P and Mis. Glen Wentworth and i son, Ricky, are enjoylng two REUBEN J. MORRIS M weeks' vacation visiting witIi (Lindsay Watchnian-Warde j i fend et Lxxig Point Beach, It came as a great shock toi Paris, Brantford and Galt. hundreds of citizens when they L Mr. and Mns. Douglas Dey-. heard of the passing of Mr. R. w eli, North Ray, and Miss Shir- J. (FLube> Morris. which took ai ley Deyefl, Toronto, visited place at 'the home of Mr. and Y with Mr. and Mrs. Walter Neals Mrs. Morris, 15 Russell St. e during the weekend.1 East, Lindsay, early Wednesday 1V f The Bethany Hi-C Club held nimorning, July lst, 1959. His s a picnic et Ernily Park on Tu..es- health had not been good for 1 i *day evening enjoying a base-1 the past two years although he 1 Ibail gaine, treasure hunt and was busily engaged in business'P tother organized sports. Mr. andi UP until a year ago when ho L i Mrs. A.lan Beer are the new disposed of bis well established ÉL counsellors for the group which store at the foot of Kent Street, i will continue to meet through- Lindsay.10 eout the summ-er months. The late Mr. Morris was asso- Mr. and Mrs. Harvey Sliater, ciated with the bommunity if e inne ak.aevstn of Lindsay for many years and - ler parents, Mr. and Mrs. Clan- in a business way was for sev- ence owan.eral years identified with the ence owan.hotel business cf the late Wil- e Rev. R. R. Bonsteel, Mi-5. liam and George Simpson, the -Bonsteel and their ch.fldren, hotel having been located ;t Beth, Ricky and Jane, left onl where the Claxton Departinent ýr Thunsday for their new home store now stands. ini Bronte. Mr-. Morris was particularly ri Mrs. Charles Reynolds an- interested in sports, especially d rived home from Civic Hospital, baseball and hockey and his n Peterboroughi, on Satunday. knowledge of the game of base- - In a ladies softball game bail and his retentive memory here Fniday night the local for players and historical dates 9teain were the winners over in connection with great games .- the Bowmanv'ille visitors with was -remarkable. He ]oved the d the score 15-13. game, supported it financially! " M'ns. Stephen Sisson who lias and was so keenly interestedl, " been in Civic Hospital, Peter- that he attended a nun-ber ofî -borough, for several months bas1 World Series games in differ-! 1now returxied to the home of'ent parts of the Unîtpd Sta!eýý 1her daughter and son-in-law,' He wais a frequent visitor to the . Mi-. and Mrs. William Hannali. 1 Maple Leaf Stadiuin in To -on- 1, Miss Gxvenyth Gray, King-1 to. In a quiet wayv he support- iston, is home for vacation with ed the gaine in Lincisay in the 0 ber parents, Mr. and Mrs. F. S.; day when Lindsay contributed -Gray.1 champion teams in the Centra] Rev. Kennetb Vicars and Mrs.1 Ontario Basebail League. Vicars, Rocanville, Sask., withl In the business world the late 1,Mr. and Mirs. Orland Raine of!f Mr. Morris was one of the most SIToronto, were Sunday guests successful mnerchants building with Mr. and Mis. William up a business. from a small be- Jordan. ginning to one of the best Mr. and Mi-s. Cecil McGill, stores of ifs kind in Eastern eToronto, spent the weekendi Ontario. His friends were le- -witli Mr. and Mrs. James Me- gion and many a time he ex- -Kinnon. emplified the spirit of charity. Mrs. Fluena Davis arrivedi In this respect lis anionymous 'home from Civic Hospital, Pe- 1 contributions were nurnerous terborough, on Thursday. and lie supported practically MA 3-3258 53 Brown St.- Bowmanville 'T' LIIMM6J BEST BUY St. Lawrence CORN OIL - 25 oz. th. 49C.1 BEST BUY Heinz 15 oË. tin ]BEANS auce 3 For 49c BEST BUY Catelli's '8 oz. tin Cooked Spaghetti 2 For1 47c BEST BUY - 10c Off Wisk Giant Size LIE1UID DETERGENT 75c "FEATURE" Rose Brand - 1 lb. MARGARINE pkg. 2 For 49C "FEATURE" Libby's 20 oz. lin SLICED PINEAPPLE "FEATURE" - "Whole or Garlic" Dyson's 24 oz. jar DILL PICKLES - - ' Produce Black - No. 's SWEET CHERRIES- Lb 29c Freshly dug - Ontario - No. l's - 10 lb. bag New Potatoes 3 9c Frozen Foods ]BIRDS EVE DINNERS-Chicken, Turkey or Beef. Il oz. pkg. - 69c BIRDS EYE FRENCH FRIES- 9 oz. pkg. 2 for 39e «FEATURE" - "Manzanilla" Aylnier 8 oz. ice box jar 33c STUFFED OLIVES 33c- 6oz. regular jar 3 Fior 69c 4 oz. tin "FEA TU RE"IJJRt jý *' ' - ' " Real Gold - 6%k oz. tin.OECICE 10 CONCENTRAEED ORANG "4SPECIAL" OR LEMONADE JUICE 2/35c Cherry Hill 12oz "'FEATURE" - "Bag Up Deal" OLD CHEESE WEDGES 59c Aylmer - 6 tins in poly bag 8rS BA AE OD ae4 ASSORTED SOUPS 6 Tins. 89csUNEMBKDGOD ae - m ,. V An BANANA BAR CAKE Fa. 39C TH ERE'S A RED AND WHITE -Lb. 4A9-cý Tenderloin Portion - 3 to 4 Ibs. POU LOIN ROAST- lb.55C Lb. 59C ~.35C . 29 C STORE NEAR YOU BOWMANVILLE - Wm. H. Tate MAPLE GROVE - Maple Grove Groceteria KINGSWAY SUPER MARKET KING ST. - EAST 0F TOWN LINE ORONO - Cornish Marketeria BLACKSTOCK - Blyth'os Market I ~t, I fi 29c "FEATURE" Hiu'lrrv 3 lbs.. __MeutMe-t ISwift's Prcniium - Cryovac - emad COTTAGE ROLLS m Rh PORK CHOPS- Swifl's - Cooked - (ilazed PORK HOCKS - Swift's Oriole - By the piece BOLOGNA-- Mr. Walter 0k. The deah occurred suddenly, aftcr a period of pon health, of Mr. Walter W. Oke on Mon- day, June 22nd, 1959, at lis laIe residence, R .R. 2, Burketon. The decemscd was inhIls 7th year. A son of the late Mr. and Mrs Wesley Oke, the deceased was bornini Darlington Township on Apnil 5th, 1890. A successful fai-mer for tIc greater part of bis lite, the deceased lad been' for many years and was at thel time of his death thc popular rural mail deliverer for Burke-] ton R. R. 2. In his younger days, Mr. Oke enjoyed old-time. square dancing. His dhurch af- filiation was with Enniskillen United Church and he was a member of the Loyal Orange Lodge. Mr. Oke's wlfc survived the deceâged by only a few hours and left to mourn his passing are lwo sons, Howard and John, Oshawa, and a daugîten, Marie (Mrs. Bruce Ashton), Black- stock. A brother, Albert of Enniskillen, and thnee sisters,I Miss Elsie Oke, Toronto; Mrs.1 F. Dorland (Gertie), R. R. 2,! Burketon, and Mis. S. Turnert (Winnie), Oshawa, also survive.1 Two sisters and two linothers predeceased the late Mn. Oke. PaIlbearers were Messrs. A. Sharp, R. McLaughlin, W. Sand- ci-on, E. A. Werry, A. Ribey and O. C. Ashton. THURSDAY, JULY Mt. 1051I every worthwhile community ' I program. He was a member of i St. Paul's Anglican churcli. Te Il nany people he wvill lie remem- >ered as a great friend. The late Mr. Morris came to Lindsay from Bowmanvile..:. where lie was borne 70 years ago, son of the late Mr. aftd f4rs. John Morris He is surviv-" ed by his wife, the formier MIaisie Cheesman. a former rez- t sident of Stayner, ont., alsa T ' survivinc are his sister Olive, VIrs. Delbert Clemnens, and ne- phews, Douglas Clemens and Lloyd Young, ail of Oshawa. The funeral service was held-ý in the Mackey Funeral Homo,' on Friday with interment at. lu- verside Cemetery, Lindsay. h IT'S A FACT..0 t it the Sun Life Assurance Comipzuy of Canada bas well mWer a million policyholdere throughiout the wor]d. In the more than three-quarter of a century cf the Company'a> exsence ever twe billion dollars bas been paid te policyholders and beneficiaries. Banner Passant Representative