14 THE OSHAWA TIMES, Wednesday, November 27, 1963 BUSINESS SPOTLIGHT PWA Sets New Pace In Bid To Save Time EDMONTON (CP) -- Pacific Western. Airlines threw tradi- tion to the wind when it intro- duced a shuttle service between Calgary and Edmonton with its Chieftain Airbus, a dressed up DC-4 that makes three round trips daily. W. R. (Rusty) Harris, vice- president of PWA's northern di- vision, said in an interview that his firm is happy with the first six months' record and "'it is being well received by the pub- lic." Breaking tradition, PWA eliminated reservations and ad- vance tickets, Passengers carry their own baggage to the air- eraft. For this, PWA charges $11 each way---there are no round trip fares -- compared i with $13 one way by Trans-Can- ada Air Lines. which operates out of the international airport, 20 miles south of Edmonton. Tickets are sold aboard the 66-seat aircraft. An agent uses a portable cash drawer to sell tickets en route, Aimed at the businessman, the three flights daily run Mon- day through Friday with one trip Saturday morning and one Sunday night. A survey of 1,000 passengers this summer showed 80 per cent of the patrons were on business jaers while the othens were gen- jerally pleasure trips between ithe two main Alberta centres. Since the service was intro- duced in May, PWA has run 740 flights and carried more than 16,000 passengers. The average number of passengers in: June was 22.5, and in October it was ment closely and would be in- terested in attempting to de- velop the potential in the east. As in the Vancouver-Victoria line, the Crown-owned TCA has exclusive rights to service the areas, He suggested TCA may be interested in following PWA's lead as well. The only cloud on PWA's air- bus horizon is the uncertainty about the Edmonton 'Municipal Airport. There is a possibility it may be closed. If it 1s, the air- bus service would die with it. A 20-mile drive to the Inter- national Airport would elimin- ate. most of the time-saving fea- tures, said Mr. Harris. In addi- tion, TCA 'runs four flights a day between the two cities from Non-Ops Adjourn Negotiations _ Until Next Week MONTREAL (CP) -- Nego- tiations between Canada's ma- jor railways and their 80,000 non-operating union employees were adjourned Tuesday until next week after a one-hour meeting. The railways presented coun- ter-proposals to the union's wel- fare demands but did not make a wage offer. The non-ops' negotiating com- mittee met to discuss the rail- way proposals, then decided to ask for another meeting next week. The date has not been set. The 14 non-operating unions, representing employees not ac- tually running the trains, feel their wage demands are the most important point of the ne- gotiations. A They are asking for wage equality with several major Ca- nadian manufacturing | indus- tries, known as the "durable goods standard." The latest bureau of statistics figures on the durable goods up to 26, |EXPECTS AN INCREASE Mr. Harris said the winter months--when business activity |reaches its peak and car travel that air terminal. 4 90m! rauway ana union omciais estimate the wage demand would amount to a 15 to 20-cent increase over the non-ops' pre- sent average wage of $1.99 an hour. The unions are also asking for increased welfare benefits but what management contributions to such plans as are taken over by governments to be added to wages. 2,005,532 Pounds Of Tobacco Sold TILLSONBURG (CP) -- An average price of 51.54 cents a pound was realized for the 2,005,532 pounds of tobacco auc- tioned at the Ontario Filue- Cured Tobacco Growers' Mar- keting Board Exchanges. Total sales to date are 15, 735,212 pounds at an average of 52.21 cents, 30 DAYS OVERSEAS (OCT. Ist -- MAR. Ist) $312.00 ROUND TRIP AT FOUR SEASONS TRAVEL (OSHAWA) PHONE 728-6201 standard are not available but There's no pre-boarding wait-|is less enjoyable--the average| ing time--passengens can ar- rive up to.20 seconds before flight time. Flying from Muni-| cipal Airport in downtown Ed-|tirst.. come first - serve basis, | jload should increase substan- tially. Although passengers are on a monton to McCall Field in Cal-/pwA won't leave anyone be-| gary cuts airport driving time) hind. for those in the main part' of| the city. Flight time is an hour|we'll send down a second sec-| for the 171 miles, about the same as TCA's time from the) Mr, Harris, "because, with this] airport outside the city. SERVICE SAVES TIME "The whole idea of the sery- "Tf we have 67 passengers, 'ion for the one person," said type of service, we can't afford to turn anyone down." With the Edmonton-Calgarv service running smoothly, PWA WmKRESGE | beak to KRESGE'S For All Your CHRISTMAS NEEDS! 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The bank's assets rose by more than -$260 million to $4,275 million during the year, while} loans in all categories totalled| $2,419 million, an inorease of/watching jroute and PWA has initiated nothing more than informal dis- cussions with the Air Transport jBoard, said Mr. Harris | | Another "natural" for an air-| /bus service in the West, said/ /Mr. Harris, is the route between Saskatoon and Regina. In the| East, a similar servics would} be effective for the Toronto Montreal and Ottawa. triangle.) CAN'T MOVE EAST | PWA, however, is not inter-| ested in the eastern potential since it is only a western re- gional career. Mr. Harris said some eastern) regional carriers have the Alberta experi-! STRETCHY SLIMS Made from Bruckstretch Fabrhc to give you a perfect fit and free- dom of action. . . Easily Dry clean- ed... Colors:- Black, Blue and Brown. Only DOWNTOWN OSHAWA 5.97 SATISFACTION GUARANTEED OR MONEY CHEERFULLY REFUNDED 2 STORES TO SERVE YOU BETTER OSHAWA SHOPPING CENTRE almost $151 million from 1962. Net earnings of $16,747,028 after provision of $18,204,530 for taxes were up 4.5 per cent from a year ago. Total deposits at $3,961 mil- lion show an increase of $249 million, or 6.71 per cent, more than the 1962 figure. Personal savings amounted to $1,937 mil- lion, an increase of $103 million in the year. Market Surge Wipes Out Friday's Loss TORONTO (CP) -- A resur- gent stock market. wiped out the losses experienced in the panic selling Friday afternoon following the news of President Kennedy's assassination. The New*York market staged one of the big comebacks in its history, shooting ahead 32.03 after it fell 21.16 points before trading was. suspended Friday. The Toronto market was closed at 2:23 p.m. Friday, preventing a major slump, It closed Tues- day with the 77-stock industrial index up 2.40 to 131.63--its big- gest gain since the new system was introduced last month. Brokers had been pessimistic over the weekend and there were dite predictions as to the market's reactton when it opened Tuesday morning for the first time since the shooting However, world markets were fairly steady Monday with only the Tokyo and Frankfurt ex-| changes registering big de-| clines. | The North American markets, bolstered by world confidence} and strong economies, con- founded analysts by rebounding! strongly and making. further) gains in some cases. i On the Toronto industrial board, Algoma rose two points to 58, Canada Steamship lines 13%, to 56%, CPR 15g to 34%, Chrysler 3% to 90% and Alu- minium 1% to 2614. Banks were ahead, Royal up 1% to 73%, Toronto-Dominion % and Montreal and. 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