Ontario Community Newspapers

Barrie Examiner, 11 Mar 1960, p. 4

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orgasms Study Housing Easier Money OTTAWA tPtA federatpro Vinclai ministerial conference on Housing was suggested in the Conunons Thursday night by Maurice Bourget lLLevisl Mr Bourget former parliamelr 011 assistant to Works Minister Winters spoke on resolution preliminary to bill to be intro duced by Works Minister Walker to boost the amount of monhy available for housing loans Mr Bourget proposed that national conference should be at tended by representatives of mun ldpallttes and that it might set up continuing study committee which would include representa tives of the governments Central Mortgage and Housing Corpora lion and builders associations it was urgent hesaid to see what improvements could be in trodu ed to make housing money more accessible to people of avera income Iii RAISE FUNDS églr Walkers resolution had not en passed when the House rose for the night it provides for an increase to 31500000000 from 31000000000 in the amount which CMHC can lend directly to home builders Mr Walker explainedlast month that the extra 350000000 is intended to last for some time and that the corporation will not continue to lend on the scale of the last two years it committed $350000000lastyear and the total now is around 1900 000000 in the debate Thursday night John Smith Pf Uncoln building contractor suggested block of mortgage funds should be set aside annually to help small home owners and small builders construct homes on sites chosen by the householder rather than on big developments Hubert Badanai IrFart Wil ltaml said he cant ace demand for lowcost housing met in any year immediately ahead lie sug gested that the federal share of lowvcost rental housing projects be raised to 75 per cent and that this include the cost of sewers water and sidewalks This would assist municipalities having dit flculty in securing funds on the market AGAINST INSURANCE Addltlonally it was time for Chill to drop its practice of re quiring purchasers to insure the mortgage This was an added burden to the owner and an un necessary fee which also bore in terest Mr Endanai said it has been reported CMHC had acquired 3600001100 from this insurance in five years while paying out less than $300000 it houses arent moving today it is because the down payment is more than young couples can manage he said calling for re vision in housing standards mort gage terms and design ilctivev At Yards TORONTO CPD Slaughter good battery cowsl 3kera heifers and yearlings traded actively at prices strong to unevenly 255i cents per hun dudwelght higher this week at the Ontario public stoclwards Cow prices were fully 50 cents to $1 perhundredwelght higher and balls 50 cents higher Re placement cattla met good de mand at steady prices Veal calf prices were hteady hogs were steady and sow prices 81 per hundredwelght higher Sboep and lambs were steady Cattle receipts were some 1100 head more than last weekand 1300 head more than the same week in 1950 Receipts from west ern Canada totaled 75 drop mlast weekesssbead erewere three shipmests to Eastern Canadian slaughterers comp with last weeks one lll re re no exports to the slaughter Cattle Choice steels 5023 with sales to 23 mon 1548 good heifers 155 2050 with choice to 21 medium common 1417 choice fed earlings 224 with tops to 25 good 2223 good cows 101620 INVESTMENT CHATS Crawford and Co ltd as Dunlap St PA 81437 ANADIAN TRADE FACTORS Canadian Steel Mills operated rated capacity in the pro week Canadian Stee Wproduc ended February to ad 133875 tons com pared wtth 130750 tons in the previous week Canadian Motor vehicle finan cing in December 1059 totall ed $35000 compared with 9945000 in the same month of 1958 while for the full year of 1959 total was $844119000 om pared with $783110an in 1958 Factory shipments of domes type electrical appliances the year 1059 were Refrigerat 239137 VS 221193 in 1953 file freezers 47400 vs 32230 Washers 314535 vs 295770 Clo thes dryers 407580 vs 79018 in 1958 ZMoreEFouhd iniigadir Runs days ago according to reaching here ays rescues brought to 15 number of survivors pulled mm under the rubble in the last four days as efioits were intensi fied to find others An estimated 12000 persons died when the quake struck the city Eebra destroying almost 70 cent of Agadir 15 slitvi have been in the Talbordj Moslem The Canadi Red Cross soc law has bee serving Canada an the world sincoflw medium 1515 common 1445 canners and cutters 1214 good heavy bologna bulls 115018 common and mad ium light bulls 14 Replacement cattle Good handy weight stooirers mostly 2344 common and medium stockcrs ranged from 1022 CaivasGood vealers M36 with choice to medium 2733 com mon strboaers 124a BoguGrade is heavy sows 13 lights 15 stage on dress ed weight basis sheep and lambs Good handy weight lambs 23 50 medium heavy lambs lees common 15 18 sheep 49 according to quality BULOVA rLelN shareware avocado wane exceptionally good side at WATCHES IIIEMENDOIIS REDUCTIONS Huron BruCe Tests May Solve Costly Problem NEON CETests being conducted in Ontario may provide solution to the warble fly prob lens which costs Canadian lam are millions of dollars ear Watson Ontario vestock commissioner told the tegtsla tures agricultural cornmittea Thursday about new treatment being tried on bandpicked cattle in tluron and Bruce counties He told the committee now considering changes in the War ble Ply Control Act that the an pertinent started last fall and re suits will be known in May The new chemicals known as CoRal was developed at Kansas City by the Chemagro Corpora tlon Mr Watson said in an in terview that company tests were feel has already been discov ered it controls cattle lice The chemical costs about 00 cents an animal and spraying costs 15 cents Cattle on 15 forms in the coun ties with herds ranging from 50 tom were picked Half were sprayed with the new chemical which is credited with attacking the fly in the larva stage The others were left untreated for comparison The warble tly lays Its eggs on the cows in the summer The inr vne work their way through the animals emerging the next Oi Warble Fly spring through the backi and drop to the around where they turn into warble files This lznlonth cycle has cost farmers acres the country mil lions of dollars annually in muiiilt atcd hides and meat Ontario Mr Watsonfaaid is the only place on the continent where there is warble fly tells latton Between 150000 and 200 000 cattle were brought into 0n tario every year from Western Canadaan warble fly control was not as strict Much of On tarios new infection was traced to these western shipments One of the drawbacks of the new chemical was that it could not be used on cows carrying milk for fear of contaminating the milk TOBACCO SALES TlLLSONEURG PlThe On tario FiueCured Tobacco Grow ers Marketing Board reported sales Thursday of 2176134 pound at an average prica of 5111 cents pound Sales to date are 141 071703 pounds at an average price of 5651 There were 585 pounds of Mil30 treated tobacco sold on the open market at an average price of 4837 Sales to date are 1430373 pounds at an average price of 4572 Thrasher ilssures Elliot Lake Wont Become Ghost Community ELLIOT LAKE CPlRlchardl Thrasher chairman of fact flnding committee studying this uranium in communitys problem Thursday told residents that Elliot Lake will not become ghost town Parliamentary ary to Trade Minister Churchill Mr Thrasher said he thought gov ernment assurance on the future of the town would come soon He said he and the three other members of the committee had been able to see the whole com munity and all the facilities available His conclusion was that the community would be unable to survive on its own assets Some outside assistance would have to be forthcoming Mr Thrasher said the fed eral and provincial governments would have to cooperate in find ing solution to the problem caused by lack in demand for uranilnn The committee wiil we port directly to Prime Mtilister Dlefenbaker when it arrives in Ottawa today The committee findings will then he placed before Trade Ministeru Churchill and Labor Minister Starr Mr Thrasher said he did not know the date Mr Churchill and Mr Starr would visit here He expressed the hope the prime minister also wotdd make visit USReelsilgain Under Storms CHICAGO AP More snow and toe storms swept across see tlons of the mldwest and southern United States today hitting areas still staggeng from crippling vl olent weather earlier this weak Meanwhile in the snowbound regionsof northwest North Caro lina the army the National Guard and the Red Cross forces to effect theresiii and give relief to more than 500 mn rooned lites Snow depths weregenerally about three feet with drifts up to 35 feet in four counties hit hard by earlier storms More snow was in sight The fresh storm erupting in the western plains dumped up to four inches of snow from the east ern Dakotas and Minnesota south ward through the lower Missis sippi Valley ON DISCONIINIIED DESIGNS WALTHAM FULLY GUARANTEED These watches are precisionmade ia mans namebrand timepieces up To SILVERWARE IINAI CLEARANCE Ballad Eternally Yours Mllndy Heritage Adoratlol AND PATTERNS numeral 15 ran WATCH wonn LEwnhs star First Lava comaum Remembrance Morning star Beautitul silverware wonderful sel PRICES orllen lrs CLOCKS EWELLERY M5 on sat ELECTRIC EEAVERS ALLAN one an atom gained remnants cm DALLAS AP Texas and Syracuse each received 1175071 for their controversial Cotttn Bowl football gumJan em tary Howard Grubbe of the Cotton Bowl Athletic Association 10 ported Thursday Syracuse defeated Texas 2514 in the game that was marked by listicufts and charges of dirty footbalL Say High Costs Sending Plants Out OfCanada TORONTO Pl High costs are leading to the establishment elsewhere of plants which might otherwise have been placed in Canada Phillips chair man of MasseyFerguson Ltd said Thursday at the companys annual meeting Describing the establishment of Massey Ferguson facilities in Europe he stated No one regrets more than that at least some of there new facilities cpuld not have been cs iablished in Canada it has how ever becorno quite clear that Canada as part of North Amor ica is rapidly becoming one of the highest productioncost areas in the world and those who to tend to survive commarclaily cannot ignore tth tlzly t1lith in 1859 the company spent $52 000000 in the establishment of production facilities in the United Kingdom and France Albert Thornbrough presi dent said that when plans are completed in 1061 the companys French facilities now called Massey Ferguson iracteurs will constitute the largest and most modern hector plant in Europe eWnrnihg nmmammumtluhxy 531com Wfltwtoi in the up Laminating 111 our time MMTm Klin no Home sum join 17qu an Dam Sidney now so guAyEKACIIE srocx mittr VOIumé Heavier Trade Sluggish TORONTO tPt The stock market edged slightly ahead day amid The ll am volume totalled 161000 shares heavier than the 333000 shares traded at the some time Thursday Power Co paced winning in dustrtals go ahead point at tilta Steel Ccmponyofcanada followed with onepolnt gain at 71 On the losing side Bathurst Pulp and Paper fell two points at 23 and Canada Melting slipped its at 43 Mines scored fractional wins Falconbridge gained ii at 29 and international Nickel went down is at 93 Senior uraniums were unchanged to higher Gun ner scored the only win advanc ing five cents at $870 On Thursday the market dropped at the close of dull trad in index changes industrials off 320 to 47514 golds up A6 to 87 53 base metals off 54 to 15355 western oils up 20 to 9177 The volume of 1575000 shares sluggish morning trading Vollllllhlllllrll collar compared with 1736000 Wednes aler dropped at lath one Canadian Tire was of 21s at 174 in three sales and Asbdown Hardware slipped at 1W in three sales Bath urst Paper and Pulp was another loser off point at 37 and Steel Co of Canada off two points at 70 WEord Motor Co advanced at ls International Nickel and Hudson Bay Mining and limiting gained fractions Noranda and Falcon bridge were off Among golds Kerr Addison and Mcntyra bad fractional gains Campbell Chlb lost 25 cents at $150 Among junior uraniums Radiore climb ed 14 cents to 75 cents Among western oils Bailey Sel burn Selhura climbed 11 cents to $500 BANK RATE DECLINES miAWA CWThe Bank of Canada interest rate dropped sharplytous per cent this week lowest level since early last Aprilwith the sale of 310000051g 000 in 91day treasury bills MEMBERSHIP EilMPililiN Your Only Opportunity Ends March 12 To Reserve Membership PHONE PA 68231 Campaign noq sraeums mills wnan pain nae Dunlap Adnlt 100 cheque rununr Enjoy clean at tum dependable NET EARNINGS By THE CANADIAN PRESS American Nepbetine Ltd year ended Dec 31 959 3130373 1958 SGML Bathth Power and Paper Co Ltd year ended Dec at 1953 JUAN All per class $140 per class 1958 3154660 no and $103 Hudson Bayblinln and Smelt tng Co Ltd year an ed Dec 1959 $9W513 $359 sham 1955 17591888 8768 industrial Acceptance Corporr tlon Ltd year ended Dec 1959 Simmhfi share 1958 $10735128 60 intematlonai Paper Company year ended Dec 31 1959 an 61067 $621 shin 1958 872 000306 8535 MasseyFerguson Ltd mos ended Jan 51 1960 $1031000 1950 02680000 Montreal locomotive Works Ltd year ended Dec 31 1959 302000 $143 share 1958 31680000 3240 here is only one WELCOME 80 year of fosterinsnsnod will in For information on WelcomsWagon phon PA 66302 OOOIMQON cocoooeoooovaoaooeeeooo newnus WELCOME WAGON lowcost HOME HEATING with to ill RENT fully automatic CONVERSION BURNER our present furnace ohyiurgzstbill Start today so enjoy the benefits or completely also made homo heating with Natural GosCoovrrsionbnmel installed advantages NO Conversion coats inyour proseorfumoeorboilar lnokastbese NO Installation Charges NO Cash outlay NO Carrying Charges No no Depreciation Service Charges Youll appreciate the silent dependable economical operation oTyonr Natural GasConversion Burner Put an and no work worry and waste Change to Natural Gas beating today GUARANTEED Insrarurlon FREE nunuln slower Phone your local heating contractor or I67 TORONTO sfr onsumersas Theres size and model is fit yfl furnace or boiler Residential only PA 6558

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