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| BUSINESS SPOTLIGHT No Boom, Gloom Seen In 1961 ! By FORBES REUDE increase in world esffss con Canadian Press Business Editor sumption is the gogl of 8 greptly The fe outlook is neither expanded promotional program brilliantly promising nor exces |'sunched during 190 by majo sively gloomy, says Wood, Gundy ©olfee-producing countries, with land Co, 144. In a current ve- Conada receiving particular at Lyiew, tention, It ; The review adds | "Canada now ranks as the fifty "Both boom conditions and 'eTEest coffee consumer in the serious recession in 1961 may be ¥0rd, with estimated imports | ruled out, but the probable setuss) 1960. the equivalent of over ! these emes 1090000 bags (132 pounds esch) Jevit a Sven aes of green coffee, This represents » o" _|50-per-cent increase In usage in are Mug vi jor Bog Bio eight years, ss compared with leconomies than in the field of ® Population rise of 77 per cent. | policies, Keonomie now! "To encourage this (rendcof are reasonably clear, with the foe 4 Sones hive Sealy Jrvled sustaining factors showing suffi-|! vertis foris "an cient strength to give promise of #da through the Pan-American a continued fair level of activity, Coffee Bureau, which has been The economic and monetary pol designated as the official arm of fey decisions which will be made the World Coffee Promotion Com in Canade and other countries in| mittee for this country and the {the coming weeks could, how. United States, This committer lever, exert a powerful upward raises funds through assessments lor downward Influence, on exports of green coffee by the "It now appears that the rate 28 Latin - American and Africas of expansion in Europe is level. countries which are signatories ling off and further substantial *f the International Coffee Agree: = arket Listings on Toronto Exchange ¢ : : i : : EY ll fi fad 3 a i Net Soles Wigh Low 11 sm. CW ge i f i & Hes a Soics Wigh Low 15 a.m. CW ge i H i ; Pb i i > S -W vr" +2 sk ° i iid i dd 76 » : Roysi Bank § a in HY i $5} 5 Sa 3 Rl HS Rl : i hy ht, i 8 N av Epelagn. 38 senels pele INDUSTRIALS § 3 § ¥ » ) i Wy fd ¥ye¥agu. 3 - ES § =3 3 ¥ = 3 " 3 Tq | 3 i syeisebind SH - i i . ol sd - SHY § 1 in ah 2s pid , 4 FEES SRI § 8 + 1 i i ? : i s fis538 FENCE SI TRS 3 ¥ F FEF 1 WE LH ! if 3 { aia. Sh ad $NR FR i i i | 3 Fre ii EX 5 8 t38s¥aieuselEsaly § § shabisaloni eg § 1 od $28 £3 = ® i § § i shaln FOREN eaten a] penctly arage " A ai $ 38 - iy is g STEERED Sa JS sara -_e § 3 F SEN WARN 3 seven £ $3 + 5 & pS #3 EE a a a 3 » > » > $ $ 5 : » > i F TAS > > FF ~~ D 1) 3 sisiieiibaneliey 3 ow i - BPea BRR. 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Mideon Mill City ' 0 sali at Fi day evening DREW, Arther J. =~ In Oshaws Gen ore i, on Wednesday, Janusry 4, 1961, Arthur J. Drew, in his 9nd year, beloved husband of Lillis C | willegar and dear father of Mrs, Morley | Jacobi (Loraine), Mrs, Perey Canning | (Marjorie), snd Gordon Drew, sil of Oshawa; desr brother of Mrs, T. B,| (Bertha) of Toronto, The Francosur Frobisher Geeo Mines Genex Giant YK Grandroy Gunnar High-Bell Hollinger Hud Bay Inspiration Int Mickel - Teles EF I 19 i 17 1 7% i Wh 5a 3 " Gr Plaine Ont Ses! Home ON Oshawa A Overland pr Page Hers Pembine Pow Corp Premium QN Gas GN Gas wn 156 100 fd ws Hs wa "4 LL 4 4 $304 3% 5 1% 0 oh "4 300 9 Wh + 1500 5 1600 260) 1380 aL] 65 Ei Wa 500 00 growth in exports to thet ares ment" does nol appear probable, In the {United States conditions have {lacsed vitality throughout the lat | ter part of the year and although u n d us In Cansds) no cumulative Tiare downtrend has emerged, there is I ambi [ p CPE i, ; notable lack ol | buoyancy uge on Up ibe 1 + | George 1. Wilcox, president Un Fort of Canadian Westin Co., . FE fer er | Pield Found Wikksay "The current cyclical down. 50% B0V S0% oh eat | turn which began early in 1900 | wm CR shows litle sign of abating, " o" I wm I 0 ww Lid a n is TORONTO (CP)--Great Whale us $5% Iron Mines Lid, says B geologics i od Zuiapn Bales bo 11 "A $104 rh oH 4 Wh am, Mr, Drew is resting st Mcintosh - An son Funersl Home, Oshaws. Service in the chapel on Saturday, Jom, 7, st ] interment Union Cemetery, awe The family will peceive friends »t the Funeral Home Thursdsy evening 7 wopm, Prdey to dpm snd 7 to pm BERR, Joba Hastings, Flying Officer w Missing, presumed desd, on Septem: ber 27, 1960, in his 26th yeur, Survived by his wile, the former Sylvia Kathleen Crone of Oshawa, his parents, Mr, and Mrs. William H. Kerr and & brother, James of Toronts MeLAUGHLIN, Leslie ¥, =~ In Osh ow Hospital on Wednesday, January th, 1961, Leslie ¥, McLaughlin, be:\yades the country, purging the royal Laotian army and backed|y.§, listens," writes Lord Lamb- anart | Spirit of go-getting ambition, The|n series of governments It be- ton in loved bushend of Mary C, Watson, father of Mrs, W, Lioyd (Nellie), The iste Mr, McLaughlin is resting at Melntosh-Anderson Funers| Home, Bervies in the chapel Frida Janusry 6, ot 3:30 pm, Interment Union Cemetery, (Masonic service on Thursdsy evening at 7:30) OLDBRAM ~ Entered into rest in the Suhavs General Hospital on Thursday, BAUS 1961, Elsie Rozell, widow of the Inte Abel Oldham, in her 70th | ear, Resting at the Armstrong Funers! 4 with memorial serv: | ies in the shapel on Saturday, January | 7 oft 1 pm. Interment Mount Albert, | Ontario. VANDERWATER, Reuben -- In Osh ows General Hospital on Janusry 4, 1961, Reuben Vanderwater, in his 84th a easy-going Dist Sess | Easy-Go Laos Is a lotus servers, the U.S, did not observe the spirit of the Geneva agree: It helped to train the LONDON (CP) land, a vest-pocket Shangri-La A steam-bath atmosphere per- ments, indolent, lieved favorable to the American cause, Street scenes are picturesque The agreements had provided In Lusng Prabang, plaidiengue. that dissident Pathet Lao ele liglous capital in the north, resi-|ments in the fo Hosters pov, dents wake to the sound of belis|inces of Laos, 100g Ky A borne by foot-stomping elephants Bam Neus, should nie parading before images of Bud.|rated" into the normal life of dha the country Laos confronts the West with u.8, FEARFUL an explosive situation in an area, The US, view was that such where the West is extremely vul soft methods would pave the way nerable, for domination of the regime by As things have developed, it|the Communist - aligned Pathet people are friendly, ing Laos Sparks World Crisis " a is is Adenauer 85 Today BONN (Reuters) -- Chancellor {Konrad Adenauer turns 85 years old today and the veteran leader looks as though he ean go on for a long time yet (war, has produced tart comment lin British newspapers, | "Let's hope that this time the, phe "old man' still keeps his {iron grip on German govern- The Evening Standard. ment, For nearly 12 years, he Lam bton Is an independent: has led post-war Germany, 8s minded Conservative Member of patriarchal In his one-man dom- Parliament, and though he Is|ination of its polities with his |often eritical of Prime Minister famous "lonely decision" as any {Macmillan the two men are prob- (stern German father of a family {ably on the same wavelength in the 19th century In which hel {this time {was born | The Guardian says the USB. Konrad Adenauer makes little {has been "notoriously gullible" concession to age, He is busy |in detecting Laotian crises where preparing for federal elections in {none existed the fall and--few doubt it In fairness to the American|fourth term as German chancel-| view however, there have been|lor if his Christian Democratic some comments suggesting that Party again tops the poll, | |Tassle Screen Veteran Fitzgerald Dies DUBLIN (AP) Barry Fitz.) His many other hits included gerald, 72, the Irish actor whose| Dawn 4 at £9 l ong aS oyags B v M ome, ow Green as y a role as a Roman Catholic priest ley, None But the Lonely Heart, inthe movie Going My Way Won Naked City and The Quiet Man him an Oscar, died Wednesday. |His last big film was The Catered His death, of unannounced| Affair, a 1956 movie with Debble| causes, came In @ oursing home| VeYPOlds : in Dublin, his native city, He had| He was born William Joseph been under medical care since Shields, the son of a columnist he underwent a brain operation of the Dublin Evening Telegraph in 1059, {He was a top rugby player in Fitzgerald turned to acting at|¥ehool. the age of 41,when he quit a 20- Joining the Dublin board of year career as a clvil servant|irade, be became a junior ad- here, He became a hit in London Ministrative officer, Then he in the Abbey Players' presenta. Visited an actor backitage at) tion of Sean O'Casey's The Silver| Dublin's famous Abbey Theatre, | {He was shoved onstage as a {member of a mob scene ~ and He started his film success In | Consumer spending Is still slug. gish due to a levelling in total labor § , Capital spending has fallen short of expectation as & result of a steep drop In housing, as well as some cur. taliment in outlays for plant und equipment, "One of the upward forces in fe economy in 1960 has been lation of bush [} Inventories, In a number of industries, however, les are excessive and until well into 1961 a decline in the rate of inventory build-up could well remove some of the buoyancy of past months, "Capital igvestment in 1061 should be slightly higher than in 1060, depending in part on the boost It receives from housing, Consumer spending Is the big imponderable and the extent to which i will con. tribute to the over-all level of business In 1061 will be gov- erned largely by the degree of activity in Canadian manu | facturing industries," inventor. | report indicates three magnetite iron deposits on its Hudson Bay iron-ore properties, with an est mated 942,000,000 long tons of concentrating ore The report, by Lloyd M. Seco |field, consulting mining geologis: |eays the ore 4s recoverable by |open-pit methods and capable of yielding 383,000,000 long tons of high-grade iron concentrate Mr, Beofield adds that know: {but unestimated, iron formatio (will, when developed by drilling increase the tonnage figures no! | ably, | (A long ton contains 2,240 pounds, compared with 2,000 pounds for the more common! {known short ton.) | The deposits are located on {three concessions, embracing {nearly 105 square miles, about 50 miles southeast of Great Whale River on the east side of Hudson Bay,in New Quebec, | The company--financed with lout public participation ~ is |owned equally by Belcher Mining Corporation Lid, Wright - Har liked it, In a few years he was| A new release on behalf of the ineutralism just does not suit the | 1037 when John Ford summoned playing bit parts, on a part-time coffee indus special conditions of the former (him to Hollywood for a part in French colony NET EARNINGS {O'Casey"s The Plough and the |8tars, His co-starring role with! COUNTRY A PAWN TORONTO (CP) -- The stock year, dear father of Peter Vander walter, Oshawa, and Mary Vanderwater, Quebec, Funeral serviee from Wort: an's Funeral Home, Napanee, Satur. ay, 1.50 pm {ry SAYS 8 substantial | EreAves Mines Ltd, and Malartie ; Bl sid Bo Hal Gold Fields Lid, all interests of hosls, He adoled the une Little Long Lac Gold Mines Co Barry Fitzgerald so his civil y the $2,400 pension he was due to| Lid, service superiors would not learn get in another 20 years, an exposes sharp differences be-|Lao, a hard core of disciplined {tween Britain and the United men who had always shown a States on how to keep Laos safe most un - Laotian determination for democracy, and perseverence, Britain would like to "play it| The latest scare in |Big Crosby in Going My Way , re lof his activities, GERROW FUNERAL CHAPEL Kindness beyond price | yet within reach of all, | RA 8-6226 390 KING STREET WEST LOCKE'S FLORIST Funeral arrangements end floral requirements for all occasions, OSHAWA SHOPPING CENTRE 24 HOUR PHONE SERVICE RA 8-6555 IN MEMORIAM GLEDHILL = In loving memory of |OWn country, found Ottawa by FPS8-24 air defence search radar our dear brother, George Gledhill, who passed away January 6, 1060 We mention your name, Speak of you often, God bless you, George, You are not forgotten Ever remembered by brother Alf sis. (WAY When the French empire ininumber of oscillator-drive radar ters Alice, Nell, Ede, les Elsie and fam Please Note Deadlines now in effect this column: DEATHS == 11 AM, SAME DAY Births, Memoriams, Cards of Thanks == 9? AM, SAME DAY DIAL RA 3.3492 for Physics Man Gets Research Council Post OTTAWA (CP) Canada's growing role In space research was reflected Wednesday in the appointment of Dr, Donald Charles Rose, 59, as assoclate physies of the National Research director of the division of pure Counell, In his new job, Dr, Rose will coordinate the work on space re. search in the council with that in other government departments and in Canadian universities, He will continue to head the cosmic ray section of NRC's pure phys ies division and to represent Can- ada on various international com. mittees concerned with space re search, A native of Prescott, Dr, Rose is chairman of the associate com. mittee on space research in Can. ada and in 1989 was chairman of the United Nations technical committee on outer space, He also is Canada's represent. ative on the international com. mittee on space research and during the International Geophys. ical Year was chairman of the co-ordinating committee for the Canadian program, PARLIAMENTARY RECORD Luke Hansard began printing his arts of proceedings of the tish Parliament In 174, and became official in 1803.| cool," The most that can be|viving anxiety i abouty"another By an accident of geography,| A Joop Ps! market played follow-the-leader | models, hoped for, British officials say,|Korea" and possibly (a third is a neutral Laos, aligned with " --- neither West nor East, CANADA AGREES Most Western countries, includ ing Canada, go along with the view, The U.S, wants a pro-Western government, and has been pump-| Ll Wins USAF ii doll |! Li R d Co ine millon or sola ne'er Hadar Gontract friendly, Laos has received more | TORONTO (CP) - Canadian U.S, financial ald per capita than) General Electric Co, Id, any other country, Wednesday it is manufacturing Cynles say the money has about $1,000,000 worth of spec- mainly gone to buy luxury auto-|lally « designed electronic equip. mobiles for a few people at the ment for the United States Alr top, There have been tales of| Force, under sub-contractfrom scandal and corruption, 80 many General Electric Company of the new cars clog the mud roads that U.S a Canadian diplomat, back in his| The work is part of the AN. contrast full on hand {contract awarded to the Ameri lean company The difference in Anglo-Amerl.| Under the sub-contract the Ca. {ean attitudes goes back a long madian company will produce a second {Indochina broke up in 1084, Brit-|units, designed and bullt by its alin and Russia reached agree. engineers under a previous de ments designed to neutralize the|velopment engineering contract, area, Supervisory commissions staffed by Canada, India and Po- LOTS OF LIPSTICK {land were set up to keep the| LONDON (CP)--A British cos: peace In Laos, Cambodia and|metics manufacturer says Amer- Viet Nam, the three assoclated|jcan women each year use enough 40,000 barns states of Indochina lipstick tos paint In the view of most British ob-' bright red, 0) honorable discharge certificate US. armed forces in World | along with his passport as he War I holds up his framed | tries to get a visa in Hgvana 4 : Canadian Firm | sald | | Laos Is inevitably a pawn in the East - West struggle, Its land. locked 91,000 square miles are en. {closed in a hexagon of hostility, | Of her six neighbors, four are irrevocably committed to the cold war--~Communist China and North Viet Nam on the Eastern side, Thailand and South Viet INam with the West, The others, | Cambodia and Burma, are fel lowsmeutrals, equally exposed to the cross-currents of the power | struggle, on a broad front Wednesday with industrials proving to be a strong leader, | | On index, Industrials jumped 3.68 at 5627.81, base metals 2.40 at 163.63 and western olls 1,26 at 82.30, Golds eased ,17 at 90,00, Volume was 2,060,000 shares compared with 1,687,000 Tuesda, Industrials showed strength fol- lowing a bullish New York, with papers, steels and utilities all moving ahead priskly, Among papers, Eddy A jumped | CHOSE REAL n RESPIRATION AUCKLAND, NZ, (CP) When the push chalr in which they were taking their baby brother for an outing ran down a bank into three feet of water in a tidal estuary, the eight-year-old twin sons of a New Zealand farmer knew what to do, They had learned all about it as wolf cubs, Wet and woebegone, they returned home and explained to thelr mother: 'We tried to give him artificial respir- ation, mum, But he kept get- ting up and walking away." two points at 60, Consolidated Paper was up a point at 43, and MacMillan, Bloedel was up % at 16%, Stelco, trading ex - dividend, gained 1% at 60% to pace steels, All utilities showed fractional galnsand motors were strong- Ford of Canada up 3% at 133% while banks were mixed to lower, Golds were the. weak point of the market despite underlying signs of strength, Among base metals, International Nickel gained % at 58% to hit its highest point ever, Noranda went ahead 9% at 41%, Western oils had a good day, following Calgary and Edmonton with a gain of % at 14%.Dome Petroleum was up 50 cents at $7, while Royalite eased 30 cents at $6.15, TRYING TO LEAVE CUBA A Cuban who fought in the before the American embassy | closed, With him are other Cu { a. seeking visas, =(AP Wirephoto) " |Oct, 81, 1960, $74,208; 1060, $79, 660 Biltmore Hats Ltd,, year ended Canadian International Power Co,, Ltd,, 9 mos, ended Sept, 30: 19060, $7,260,742, $2.71 a share; 1059, $7,034,032, $2.50 a share, Scythes and Co, Ltd, year ended Nov, 30: 1960, $54,188, 85 cents a share; 1050, $50,738, #2 cents, Anglo-Canadian Telephone Co., 4% cumulative pfd, 56% cents, $2.90 pfd 73 cents, Feb, 1, record Jan, 10; class A 30 cents, Marl, record Feb, 10, Peoples Credit Jewellers Ltd, common 15 cents plus 10, cents bonus, Feb, 15, record Jan, 81, Building Firms Assessment Up TORONTO (CP)----An increase of 70 per cent In assessment agalnst bullding construction firms was disclosed Wednesday by the Workmen's Compensation Hoard of Ontario, The increase raised to #4 from won him the 1044 award of the Academy of Motion Pictre Arts| But it was still several years was terribly busy," he once ex- and Sciences as the best support-| ing player of the year, ! Job--after long consideration of | Fitzgerald never married, "I SPECIAL FIELD I was older than I thought," Cryus Dallin, the American before he quit his government plained, "Then, suddenly, I found geulptor who died in 1044, gained fame with his statues of Indians \AJ wOOD RODU \AJ \AJ DOD PRODUC AWA WOOD convenience, AWA WOOD PRODU past 32 years, We, at Oshawa Wood Products, are pleased to have taken part in the progress shown during 1960, by supplying up-to-date and quality materials for many of the building projects in Oshawa and district, also the construction of our New Showroom at Courtice where all building materials and fixtures are on display for our customers' As science explores new realms of knowledge, and industry per- fects new products and new techniques . . . the order of the year 1961 at Oshawa Wood Products . . . is FORWARD with the times, to bring you better materials as they are developed and to maintain the high standard of quality and service which has been our byword for the $2.35 for each $100 of payroll the amount charged against the bullding section of the construe: | tion Industry | The board sald the new rate reflects several factors such as a diminishing volume of man-hours Oshawa Wood Products Looks Forward with Pleasure to Serving You - FREE DELIVERY - WOOD PRODU which results in a higher fre. quency rate of accidents and a lower payroll which affects the assessment rate, | The Canadian Press last Thurs day erroneously reported that the | board announced a 70-per-cent in| crease in contribution Fgura] | ments from construction work: ers, | A board spokesman said the in crease applies only to employers ~omployees pay nothing toward workmen's compensation, | | Limi WA Downtown Showroom 84 SIMCOE ST. SOUTH---RA 8.1617 BOWMANVILLE---MA 3.2130 CH ted 10 TELEPHONES TO SERVE YOU Main Office and Showroom COURTICE---RA 8.1611 AJAX--ZEnith 2-9600 OSHAWA WOOD PRODUCTS OSHAWA WOOD PRCDUCTS