Ontario Community Newspapers

Barrie Examiner, 5 Jun 1968, p. 3

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Md CauséShtniP In Construction 1he Ballic abstraction in dustry has not yet suiiual ser iously this year from the tight money situation However unless mortgage rates are cut before the en of the summer there may be building slump in dustry spokesmen indicate Major sonstruetlon trim are building as many homes as last year but smaller companies have difficulty finding money said George Davies of George Davies Construction Ltd The money situation is as bad as have seen it You just cant get it gt know numbers mail er builders who would like to put up more homes but its impns sible The old established people are just on busy as ever They can raise funds on their reputa tmn BATE JULY Everything depends on the NHA rate which will be set on July lllr Davies said The only answer In to lower the interest rate he said lln less the rate is lowered con tructicn will have to be cut ack The current ceiling on NHA rrortgrpcs is per cent Lon ders under the Central Mortgage and Housing are issuing mort gages at between on and nine per cent The maximum NHA interest rate is directly responsive to the arerage yield on long term Canadianbonds and is equal to an per cent pits thcavcruge bond yield for all Wednesdays in the last four weeks hcioec the interest rate is set The new NHA rate then will depend directly on the Situation in the world money market over the next month Construction later in the year will also depend on whether houses now under construction or already built sell George Spring of George Spring Enter prisu said NOT RESPONSIVE People are not responsive to the high interfit rate he said Houscs are not selling as well law have to buy but people arent interested in selling their present homes to move into new ones it is very doubtiul that building user the entire year will be mat tan year be said Commsreiai and industrial construction may also suita rnrne setback die to high inier est rates however no deilnlta indirnfcn of industrial budding in the area is available as yet Bondzardier Skidoo Corpor tioa will complete new ware house on Highway 4m helm Sept smile Holiday Inn will be finished at Highway 00 and Little Ave General Electric Corporation have purchased us acres in the city but it is not blown how soon they will build Canadian flre is also conslmo ting plant wont have clear picture for two weeks said Jack hilt mison chairman ol the Indus trial Business Development Corn ndsslon lm negotiating with several planu now Robert tackle vice prcsb dent of Allandale lumber said tight money has hindered com mercial and indust ri expan slon know oi couple of plant additions that would have gone in had it not been or the money situation he said The number of new dwelling permits issued up to the end oi May is slightly down over last year the building inspectors oi iice reports However the total value of residential building is up because at increased apart ment construction chief building inspector Chris Spanis said The building industry predict ed slump last year but than had boom 70 per cent higher than the year belore Mr Spsnis said think its going to be hard to match la year but dont think its lime to worry yet he said FLOWER SHOW Barrie Horticultural Society spring show has been set for June IS in the basement oi the Legion Hall Iudging of entries by Jack Johnson will begin at porn with the public admitted at pm Guest speaker will be ivan Widderiield who will pre sent color slides on Wild Flow ers of Ontario Fearixiiighfingtea AQUARIUM SOCIETY parianrs AWARDS Trophies for points built up during year of erhibifing were awarded members of the Barrie Aquarium Society last night FROM LEFT Ron Smith Bruce Twaddle Mrs Ron Smith Roger Eritnell and Mrs Britnell John btpaue and Bob Brennan The smiths won first for sinfla entries Mr Naddle won two seconds for ManSaid He Was snot After ASking For Beer Trial oi Andrew McCullough 66 of Victoria Harbour charg ed with criminal negligence in connection with the Dec at shooting of James lilies 15 ot Collingwood motioned today in Simcoe County Court ntesday afternoon Mr Mick told how he had kept coaxing McCullough tor another beer as they were sitting in the kitchen of hicmlloughs home on Ellen St in the early morning of Dec 31 incur lie got angry and old me couldnt have any beer and said Tire gun that says youre not Miclr testified According to Mr Mick Mc hilluugh got up iroln the kit chen table and went to cur PICKS own HAMBUBGER in School Hundreds of parents teach ers and pupils gathered on the grounda of Steele Street pub the school yesterday alternoon tor the annual Home and School Association barbecue While hungry groups clustarlt ed at lhe long tables setout on the playground Eileen Latirner found it easier to duck ACTION TRUDEAU Liberal Youth Movement érauasoav JUNE 13 rpm Erna EMBASSY HAll DANCE in support of Liberal candidate for North Simeon Guest Speaker Elmer Scuba MPP Sudbury This is your chance to meet Mr Bill Bell and hear vhat he and the Lr bcrai party have to otter you Advance ticket sale at Liberal Committee Rooms 38 Dtudop Dinner and Dance 9250 per person BARBECUE her own hamburger from mongst those being grilled by Al Hose Examiner Photo runner ACCOUNTS iNVITED Mens Students Wear 40 Dunlop Sf lain that divided bedroom from the kitchen readied hind it and shotgun turned toward him and he let ma have it He was three or four feet away when he got the gun He just grabbed it brought it up to his side and shot It was pointing at my legs he said Atter the shot Mick turned away tookiwnstepa and tell wake up in Toronto Gen eral Hospital was there two months Mr Mick said that Mr hit Cullough sudenly became angry and two or three min utes later thashot was fired NOT FIRST TIME That wasnt the first time hie Cuiinugh had shot at him Mick said lie related how he had gone to vsit McCullough about two years ago in the early morning Mick said he rapped on the door and McCullough asked Who is it Mick said he answered Me thinking McCullough would recognize his Voice Then the door opened and McCullough fired shot at him but miSSed Mr Mick said he had known McCullough for five or six years Defense counsel Haig oi Loam cannon r001 TO OPEN The Barrie Parks and Recre ation Commission announced to day that weather permitting Lions Pool will be openlhurs day Hours at operation will be from to pm and to pm Mondayto Friday audito pmand to and Sunday ROTARY MEETING Members of the Toronto Re tary Club will visit Barrie as guests of Barrie Thursday Inter club activi ties have been planned for the eane up with noun hour session in eramar Gardens after which members oi both clubs will play round of golf VISITING SPEAKER Dr Arthur Secord of Great Neck NY will address the Thursday night mating of the Barrie Indus vention Associa in the Con tineutai Inn His topic will be How to Tell What You Know Your Previous Salas Silpa from Ngstyns are worth on your next Purchasal 7261701 pm Saturday Rolariana dent Pre Midland asked Miekwhy he be hadnt said anything about gun going all two years belore at the preliminary hearing on April Mick said he hadnt becauso nobody had asked him Ai PARTY In the events leading up to the shooting Mica told court that he had been at party in Coliingwuod irom noonDec all to It pm then had left Under questioning from Mr Halg he said he was going to visit his motber near Midland but had changed his mind and had gone to Victoria Harbour Who he arrived there he wont to friends home found he wasnt home so he went to McCulloughs place and asked him to go to the Four Seasons Motor Hotel for drink When they arrived there the bar was closed so they return ed to McCulloughs McCullough produced it bears but said they could have only one each because they belong ed to someone else Mick said he had drunk dozen beers and had two shots oi whisky at the party in Coll ingwood Mr Haig suggested to Mr Mick that McGlliough had relt peatedly asked him to leave Mick replied No he didnt Mr Mick said he didnt think McCullough had shot him in the legintentionnlly or deliberately He sai he thought McCullough was just trying to scare him mesday morning ballistics expert said the 410 gauge shot gun found at Mcthrlloughs home was the one that had fired the shot that wounded Mick TRY EXAlliiNER WANT ADS PHONE but exhibits oi live bearers and egg layers Mr and Mrs Brit ncll received firsLs in live and egg bearers and second in single entries Mr Lepsoo took thirds for live and egg bearers and Mr Brennan won third ptaca trophy for single entries Examiner Photo DIGGLE Trust Manager is Tranierred Donn Diggle manager of the Harrie branch Canada Trust Huron and Erie willbemov log to the Hamilton office at the end of the month to become trust services oiticiaj He will be in charge oi business devel opment work win the company son Terry recently complet ed his lirst year at the Univer sity of Guelph The Barrie branch was open ed by Mr Digglein 1962 Both he and his wife have been tlve since in community hie He is member of the Rotary Club Golf and Country Club and the Curling Club He is also lirst vicepresident oi the Barrie Chamber oi Commerce and an elder of Collier Street United Church Mrs Diggle is active with the Ontario Registered Music Teach ers Association and the Bar rie Community Concerts Associ fcnY lvswsj MEREEXAMINER WEDNHDAY JUNE oxalic May IoOperate On Joint It suggestion immklheude talent of transport ow ailthrough Barrie andOrlllia may cooperate in the establish meat of joint municipal alr port in Ore Township on die purchased by Barrie last fall In letter to orillia Tm Council this week the depart ment tzewcnnstgiction Ioi amunc rtan expan ed that when the time came ior the construction of regional abort the best suited munio ipal airport would receive as sistancc The letter noted that the Geor gian Bay Regional Development Councils application for assist ance in the building at region airport had been turned down Aid Garner chairman of the Barrie city development committee this morning wel comed the possibility of the two municipalities cooperating on the venture would think that this is feasible he said Aid Garner said that as chairman of the committee he couldnt speak for the other members but am quite sure they would be as interested as my Mayor Isabel Post Reeve Gra ham Card and Aid Vie Cairns have been chosen by town coun cil to approach Barrie city chum cti with the proposal Aid Garner says he can see no objections to the proposal ll bath municipalities can make use of the site He said the economics would have to bc Commission Study Asked iii Simon Fraser University BURNABY 80 We MLAs suggested nlesday royal commission be set up to investigate turmoil at Simon Fraser University and third proposed investigation by the legislatures education commit tee The first proposal was made by Liberals Dr Pat timer and Allan Williams and the sec end by New Democrat Dave Barrett on the eve oi meeting by Sills hoard oi governors in Vancouver today Feature maplewnnd in Airport worked out with the insane committee Earlier this spring Aid Gar ner had discussed the possin ity oi collaboration on the port between the two municipal ities with Mayor Post The department of transport letter bolsters the chance oi co operation Aid Garner believes Airport facilities are fast be coming major consideration of industries that might build in both areas Aid Cairns told Drillia Council that ii the two cities worked to gather it could result in there ccipi oi Federal assistance should regional airport be proposed for the area The macro site is between the third and fourth concessions at am Twp about 1000 feet south of Highway II MDIES NIGHT Wives of the mcmhcrs oi liar rlcs Christian nustnessmena Committee will be guests at dinner June it in Central United Church The ladies nightis an annual event BLIGHTY BINGO BARRIE ARENA DuniopsStchvr THURSDAY PM Sponsored by Barrie Minor Hoekey Assoc later which remove lnn elimlnntls languabitahandernttcd in Canada SHARPERS PHARMACY Penetangrat 597V rent 72s5407 ation WALLACE nrcuicnsgnf iS THE PROGRESSIVE TchsERvAnvs CANDIDATE FOR loansnobs BECAUSE7I 97 Sound business practices MUST be applied to our federal economy NOW lhahighrcost of mortgag smokes home ownership privilege rather than right VINOA nation can continua cannot repay On June 25th elect the who UNDERSTANDS Iron mnonnarioncnn oarnas ansan ourufinancial problems Authorized by Torkilmeochrcmallvc conrefrvatlve Ana ily borrow monies thatit Ind how to

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