Ontario Community Newspapers

The Era (Newmarket, Ontario), March 4, 1970, p. 5

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BUT NO CAUSE FOR PANIC Business climate a paradox By JOHN Era Staff Reporter People may not have 700 to spend NEWMARKET on a new refrigerator but they II sure York Countys econ omic climate is a para spend it for a week in a warmer cll- dox Travel Service some residents are for vacations that allow them to escape Ontarios frigid winter temperatures On the other hand some persons are in such dire financial straits that they bor rowed money to pay for their automobile A survey taken by The Era among businesses failed to disclose the type of pattern that is easily plotted on a or graph Business is up in some stores and down in others Most businessmen agreed on one point bow And he added that shut downs at the major car manufacturing have sharply decreased the vol ume of new models on the market At Brad Walker Motors Bob Selway said business is slow but not an awful lot worse than last at this lime on the spot anymore so we have to keep after them It they go home to think down about per cent Mr attri buted part of the business decline on the news media constantly weeping interest charges soon Im personally not looking for any great ted that tight mono would prompt a sharp dine in population affected by tight money exuded optimism too bad said this time of year is normally slow for and the great est volume of business is usually done in the spring over shutdowns at the ma jor automobile manufactur ing plants have curtailed the normal flow of produc tion orders to Ironies and to persons have been laid off for abuut a At the Canada Manpower Centre in New market Bill re ported an increase in of persons listed as temporarily out of work ANNUAL SLUMP It should be noted that February and December of the brisk activity often car ries into January But seve ral businessmen reported A number of area entrepreneurs who reported no business decline also said theyve found they must work harder This was particularly pessimistic pattern seemed to be emerging among au to dealers It was quickly punctured by Eric Law ton of Brothers in Woro doing ex cellent business at the mo ment Mr repor ted Were doing a greater volume of business this year than 1 to get the sales Several business men reported that area re sidents have cut back con siderably on the purchase of luxury items Instead of buying a new color family will make Business DOWN in a In fact car deal ers apparently have fallen on harder times than most businessmen Slessor of Motors reported sales have dropped id per cent over He attribu ted the sag to tight mon ey and high interest rales Is down loo according to Bruce of dys Jewellers We had a good year in said Mr and we held our own in January But were down in February It it slays the way its going 700 to spend on a V refrigerator but thoy spend it for a week in warmer climate he soon become borrow and that interest rales would drop onehalf to per cent A spokesman for Dixon Pencil which cm- company just completed the best year weve hail in sales production and em ployment have increased in comparison to the same period a year ago Ironies said sales are Mr McCurdy Hint comparison of 170 unemployment figures against years wot be invalid because of the increased population of the area He said many of those looking for work were com muters who had been laid off in Toronto This area is grow mi rapidly Mr said We should get a rial indication of whether theres a problem nil ii ii ini ipdii The Hi the proof of Ihc pudding Business SPOTTY UP reported unprecedented prosperity A drug store proprietor said the drug business is on the upswing Two clothing store opera tors reported slight in creases over JanuaryFeb ruary sales of 1969 Chain food stores report increased business and Walk ers department stores said sales are up Peter van Dyke ager at Theres lots of money around Im quite happy with the way things arc going Several business men their increa- SALE ENDS SAT MARCH 7th CALLS ACCEPTED TO PM SAT 2 RUGS CLEANED FOR THE PRICE OF 1 Beautifully cleaned in our well plant Aurora Lions plan park project project port that up for all park land the vicinity of the swim- velonmcnt in Aurora pool During the The proposed pro- fiscal year the Aurora is now before town Lions spent more than CORPORATION OF THE Z TOWN OF NEWMARKET I PROCLAMATION I HEALTH WEEK I MARCH 8 to i Prevent Sickness Promote Health Prolong Life the council by resolution adopted on February me to do proclaim the rob to Heollh Week GOD SAVE THE QUEEN iter Commu nity Centre Money from tile bingo was used as part of the clubs contribution to financing the improved sound system at the arena The club also dis tributed telephone books in January and has held two highly successful teenage PAY FOR CLEANING RICHMOND HILL SUBSCRIBERS DIAL MEDICAL SCIENCES PHARMACY OF NEWMARKET LTD 603 DAVIS DR NEWMARKET opposite York Courtly Hospital OPEN EVERY NITE TIL PM 7 DAYS A WEEK PHONE 8952311 urn on Chocolate Chip BISCUITS Valiant Irish or BEEF STEW Green Giant Fancy Whole Kernel Corn NIBLETS McLaren Sweet Mixed PICKLES 85 Dominion FROZEN Potaroe roiaroes FRENCH FRIES 89 Little Dipper CAKE MIXES 5100 THIS WEEKS BEST MEAT BUYS MEATY CHOICE CHICKEN LEGS 49 Pure Bulk PORK SAUSAGE NOODLES 2 Regular or Mushroom Spaghetti Sauce if 49 Jergens BAR SOAP a 10 Off TIDE Powdered DETERGENT ddM SOUPS California No I Grade Tender Green ASPARAGUS 59 Fancy Tomato Produce of USA No I Each CABBAGE I DISNEY I ON PARADE Then this week SsswssIjiI i COLUMBIA

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