Ontario Community Newspapers

Barrie Examiner, 26 Apr 1960, p. 6

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eraz um um mar at STOCK MARKET Investors Sell As Trade Sinks TORONTO CF The stock Buy dropped ii Calgary and Ed maritet retained that lame slnit monton was oil it at 16 with log isellng today as investors Dome ctr oia and Great mostly lound interest in selling Plains oil coats at 1745 and The 11 am volume was SOL19 BUSINESS BAROMETER Retail Merchant And His Community By JACK BATSTONE rialii Merchauu Committee Chairman To try to sapamle these two will be impossible inc cai need each otheerihmmer nt needs the corrununlly as outlet or his goods and sen ces the community must have eae merchants it the creature mlorts and the necessities of are to be readily available community must have all end retail section it additional ndustries are to be obtained must have new industry it employment or its natural pop ulation growth is to be provldlt 9dr The community sometimes overlooks the act that the mer chant needed by them for sev an other reuona The mar min 01 goods which is the only economic means at dispos ing at our industries products is very important One in every men employed persons in Canada is engaged in the retail andlwboiesala trades These tradesars common denomin ator business in general In Barrie more than 12 per cent oi the total population men women and children all included are engaged in the retail trade alone in Barrie more than 30 per cent oi the employed people are employed by retail outlets lnBarrlc it takes the come binad employment of 25 indus tries to equal this employment iigurc gt The commercial assessment ily toward them as group grant Ihatwas oi recognizable they dont raise their coilectiveipmportion voices they certainly wont be Huronia Historic Sites heard or receive their due and Tourist Assn Tourist inlorrnation The Chambc Commerce is mpfld mm the one organization that can N333 Poaéie ma mmififiiflm It the 111 me Efifiéggnzkm IIII IIVIIII will Fm Chrysler led lndiistrlais lower The Barrie retailers through gt mm mp 49 mm the orflflfimll the Chfim This takes quite bite lrom nxgemruaeg¢wgfiwakgnagflt her at Commerce have sun the $500 grant uist council is In 51 ported the iollowing local pm making to the Chamber oi Cone Km Adam up mg lecls that might Ibo properly merca during 1960 it does not luck lend mans mm termed the business of the city make much of dent in the at 13 with Noranda oil at at council They were sup rted amount collected as business in the past with the aid oi altar and Gem at my Consolidated Discovery moved ahead live cents at $365 BARBIE BUSINESS iiiniiiifoiiii°il33355 1959 1960 30 $195470 $31936600 lions index losses Industrials 325 at 60581 golds 114 at 8282 base mttals at 15113 and western March water consumption gallons 745753500 46203000 Eiec power consumption kwh senses 5761368 March local bank clearances not available 31685993 February telephones 1000 9547 30000 NET EARNINGS By THE CANADIAN PRESS Bullochs Ltd year ended Feb 29 1960 $80015 70 cents per class and share 1959 WI ass as cents Bridge and Tank Companyoi Canada Ltd year ended Dec 31 1959 $858 $145 share 1058 $1009069 $329 Canadian Husky Oil Ltd year ended lec 1059 net loss 31211000 1953 $1789000 Copp Clark Publishing Com pany year ended Dec 31 1959 3824 10 cents share 1858 $130721 67 cents Emco Ltd year ended Dec 1859 £906000 $145 share 1950 51009000 $188 Great Lakes Power Corp Ltd yearended Dec 31 1959 ma 520 1956 3814086 industrial Corp Ltd year ended Dec 31 1959 $16100 11 cents share 1950 mos ended Dec 31 $50483 15 cents Phllllps Electrical Co Ltd year ended Dec 31 1959 9370 1951 net loss $554 Reltmans Canada Ltd year ended Jan 81 1560 $759027 82 cents share 1959 $111854 73 cents Harvesting From the sea Pierre Soupault brings in silver catch of shimmering fish From his rich acres Harris Mann reaps bushels of golden grain Both look to the bank forexpert guidance when it comes to workingout their business problems Tech nical developments and new working methods at sea and on the land require careful con sideration and the bank manager is ready source of sound and fiientfly help Diverse as customers requirements may be The Canadian Bank of Commerce meets them all with the friendly and efficient service that makes banking From coast to coast across Canada people turn to March building permits number value Total ior year number value 3L Howard Smith Pulp and Paper of at 39 lndustrials Acceptance at at 302 and Canada Packers Coehrane Dunlop and bAmerican Bank Note all oil point at 45 19 and 51 Kerr addiaan droped at 13 International Nickel was oil at 100 while Dome slipped it at 1815 and Casaiar tell at 12 Holiinger gained ii at 14 and Hudson Bay ti at 44 Dcnison lost 15 cents at $960 Hudsonl oils 112 at 9154 Final volume was 1655000 March telephones 8817 notavaliabla Number unemployed registered at compared with 167B000 Fridsy Canada Paclttrs was all all National Employment local office March mm at 41 with us Ford points female 122 Eleven Reasons Why You Should Be Chamber Of Com Member Because you have busi Because the Chamber of ness stake in this community Commerce unltlea the Public which can best he safeguarded Bill Bud direm it into use 1880 SM SARJ EANT in Barrie is 26 per cent of the tomeassessment industry 11 per cent and all other assess meat as per cent The ligurm here are taken trolli the City of Barrie bro Idiune tor industrial develop ment in Barrie according to this booklet there are 5440 houadlolds and the retail outlets employ 2465 people This cer tainly looks like healthy con mum to our community ACCEPJ RESPONSIBILITEE Retailers as whole accept flieir community responsibilities and take their place in the lore urinating their city better place toLive in They do this in number of ways They loin in the local political scene Their dollars support associa tions that are dedicated to build ing better community such as the Chamber oi Commerce are active in service club work in the churches and pro vide leadership in theaociai ser vices When you review the forego lag the retail merchant is stantlal citizen and is great deal oi relt cogn on by the local governing bodies Does he get it At as the retailer perhaps flimugh modesty loses sight of his importance to the commun This in turn is reflected in use attitude of the commun by working with others through the Chamber of Commerce to protect and advance all busi ness You help insure this communitys progress which in turn insures the success olmy buslnm It is only fair tor you to sup port the Chamber since you reap benefits through theconv certed planning counseland action that is best obtained through the work oi the Cham er oi Commerce Because your suithM is plowed bac to yield many ieid benefits in new industries increased payrolls health safety legislation business pro tection and community ad vanccrneat Because you believe that the man who helps this community through active participation it the work of his Chamber of Commerce will develop his own powers and broaden his own views Because through the Cham ber of Commerce you can best discharge your obligations to this community in which you live and earn your living you realize that every man owes debt to the community that cannot be paid in taxesa debt of personal service Because the Chamber at Commerce cannot carry out its broad program of work to protect and advance business without personal service and adequate financial support TODAYS STOCK PRICES rampagetom by Fiyan11 Center St Barrie Album Ablubl Paper menu Steel Aluminum Ltd Albelta Gas Atlas steel mi of Montiest Bank Ms Bell To Co Brazilian LA 011 RC Power 11611 Bk cl can can Brewerlll CPR Die Dom Tar at Lakes on Pow imp an on in Am inter Ni al lnterprov Pips Jockey Club mman Fizz tau rowan luv Sang Dom Found Dom stores Famous PW mosmass Con Paper Consumers Gu Nor Ont MG Moore Corp PaIJfla Pet Pam Pl Gu Que No an Ended Finns Hotna 011 Hudson Ely Min Vs Tobacco Simmons 14 Steel or Can Stainherz Tor Dona as Tum Can Pipa Trad sin Texaco Union on Walker oaw lama Falconhfldle Gunner as Goon Homoger KemAddllbu Lmnque Darius New Sullivan My 50 73 150 Numeral Aoilloi Power Maritime Home Cnidatrcun Opemiakl Quemnnt Sher Gordon stsep Rock United Oil Wette Amulet Wilter laii no va 123s ss 310 650 me MOST ACTIVE MINE Arm arts and FIN1 BA Oil Kerr Addison Moorscotpo Norandl Dtvunsrln DBCLARATIHNS central Del Rte 011 Ltd 10 cents payable June 15 ex dividend Great MI 13 Northern Gas Utilities no 10 cents payable runs ex dividend umy z4iaylorPealsnn and Conan ms relerred 12 cents ahi my is ex dividend April 27 Earher Ellis gr Canada will camofiimf extra pay May is 25 cents Efa mon lylbla July ex divi cents payable Ma ex dividend Ader 28 Modern containsi Ltd Class and June 16 re arsed $137 payable June six May 11 Carlan Cement Com 51 ex dividend April 21 Canada cement 11 Iceland Co Ltd presetream cents payah June 20 ex dividend iiiyin ronomo STOCK axcamlvoz mum industrial sown se Golda down 04 Metals down 22 one down is nowaoNEauRW YORK AvnnAuBa ludualrlala down M7 Rails unchanged utilities up 12 MARKET comma Win mixed nethnekJrnund Aldaways near term on Indicated 1m in mum pending evaluation or am report and mm nela prospeoh large amount or institutional land laid to as investment and it is hoped ltseil on any Ip rill overgo advetaa depth dc vetopmentl carried the stack to my current low or iavl this morn in when it it heglaatng to up Ear oversoidrvNonndwith centre alarmsolo off to new current low of IBM Spot taantJn Lon data In Ilile lhll morning 38 can Item sass cents with polliblilty in Chile cappu strike limos Corrine Ila lcke mutubfllvidad Mordham in Tom ontreai at opening Tuss Qfilfl 11d unmi eamlrigs auln quarter busl Apfl day Subleot to approval at Ilnnual meeting April 17 is antici ated subdivision willha eilccted tiy it on or about May 31 to record 23 one common Liam ior each held For first quarter Fraser Col re ports net profit at 33 cents share against cents This rr lleetcd deullnelr1 shipman at about 591 cent from sun pen iod of blmnltly in shlvmflttl of wood Euig Dpemil as re arts nat pro or tor year ended Dec 51 ts Clnhll 51 R10 01 declared inc ital dividend at 10 cents Plybio dune set May 10 Company aesmneciaiviasna an interim DIVE Pfllldgnt Holbrook Algom smi ms annual muons present opcntlnnl are it about 84 our cant at mum in line with Canadian all iiidurtry ROI rim quarter operatlonl we All Clplclly Nabltt in and Ltd bonds selling at deep discounts you will haven 20point prolit Some bondmarket observersv ml and constructive channels Because the Chamber of Commerce helps create and express sound opinions on questions affecting the wet fare of Cansda Because without strong effective Chamber of Comi merce the city would be less able to compete with other towns for new industries and new payrolls Because you believe it es sential to pro as to have central orga zation eternally watching community waltare and development you believe the Chamber oi Commerce is the central organization ade quatKer equipped to do this war Because the most eflective and constructive lnfluaaca ia the force of organized busi nesa functioning through the Chamber of Commerce for the purpose of improving the city We can through organized et iort make the kind of city we determine it shall be HAVE NO KNOWLEDGE LONDON Reuters Govern ment and official Conservative party sources said Monday night they had no knowledge of any plan by Harold Macmillan to re tire from the prime mlnistershlp within two years The sources were commenting on report in Lord Benverhrooits Evening Standard INSURANCE AGENCY LTD All Classes at Cornmercial industrial and Personal insurance Sewing Barrie Business For 50 Yet DUNLOPST saw the Bank of Commerce asthefatmliarsymbol of service sincerely renderedv TH CANADIAN BANK OF COMMERCE Call us your bankers LookIthat get for steppingon Spiders Housing Starts Oil 455 For Quarter OTTAWA CmHousing starts were down 455 per cent to 8848 in the first three months at this year from 14350 in the corre spending 1959 period Central Mortage and Housing Corpora tion said Monday The decline ranged from 06 per cent in the Atlantic provinces to 002 per cent in the Prairie re gion INVESTMENT cuiirs Crawlord and Co Ltd 89 Dunlap St PA 52437 pronouns 130an from par otter some interesting possibilities from tax point of view it you buy bond at 80 when it is redeemed at 100 at maturity and thisis nice car ital gain For this reason inthors in high tax brackets search out such bonds since they standto get much higher altertax yield than on bonds selling near PIE think that current high interest ratesmakc the present an ex cellent time to buy hondsond that yields will have to turn down sooner or later Actually interest rates have been creep lng upward or more than dec ade and it is not at all certain that the end or the uptrend is now lg sight investors in stocks should be interested on know that there is tendency for prices of stocks and bondsto move in opposite directions The logic behind this is that when business is good corporate earnings are high which lends support to stock pri ces Atthe some time though demand for expansion money from business iahigh money yields up and bond prices down ly gets tight=iaterestratas move upand this tends toiorce band And what do you know its washday But who cares with electricity to chase those washday blues In homes with automatic electric washers and dryers mothers have more time for little boys with nothing to do More time for the children more time for all the things you like to do thats the joy of owning modern electric washer and dryer your washday disposition is weatherprooPyoull find your nerves are shatterpron In fact youll find that great many of lifeslittle problems come out in the wash when you ownan auto matic electric washer and dryer To get more out of lifeget the most out if electricity LIVE ETTER ELECTRICALLY

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