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i MONETARY. Move | oe eS ee -- : i i ccs a wc oe : 3 ' see -------- Cana LUii ww , hw 7 ac Europe Mart et. By KEN SMITH {similar rise in the U.S, equiva-jrowing remains in effect, but,should benefit the Canadian the effect of extending that dee Canadian Press Business Editor lent, the bank discount rate-- at has pins re s economy more than harm it be-|ferrment to sectors of the pris ; i ier to woo|commitment not to take ad-) | ' iiilation |? : ' The latest monetary moves in -- ie posi vantage of that exemption by cause of eee ---- inflation pie ng a Canada raging United States uropean mi Ag y Say. 4 going to the well too often. curbing fen lencies. i Pesce Figgr rst sald nada may Tesult in European coun.) Although the sources emols-|" 'Thus, some economists say, i] Reducing. Nestle ¢ Sut offall the extra' money. it greater prominence in the Cana-|yolve only a small percentage peso ge ger nak Pina sare to Canada's booming} eed domestically through funds mig ead at the expense of of Ca Sage dr capital market if, us errhie Fores ook = h - ' aa eae Oy eg aye - Bes uf neta ier as wis yh oon a eas.[expected, U.S. subsidiaries in #8 :. Bon cg: = ee ae a aallaeor rs fund o¢ hap Pax peace traid pe and ; Canada turn increasingly to the] 'V4 vitae at the pee L Zes iz siness ing of Canada's dependence on| x" lary trends appeared to be grow- ot eee wuts to Teatieed US. economic fortunes, cr oan aba gg ie oe docatnay: ada Development Corp. a canital if needed following the, Officially the weekend devel-|o¢ reducing their investment] Last summer, the federal gov-;| The CDC as outlined in et | U.S. announcement during thejopments do not affect Canada's}om their parent firms. srnment deferred some capitaljlast budget speech woul i weekend of. plans to reduce its|right to go to the U.S, money " Me nornpa| projects to try to ease pressure}be a $1,000,000,000 organization, investment in Canadian plants.|market to borrow funds, since Economists generally agreed). the industry and in Ottawajowned through shares by the. The increase Sunday in the|Canada's exemption from thelthat poth the investment limita-}.gme government economists} public, that would finance Cana- Canadian bank rate--following a\ U.S. crackdown on foreign bor-tion and higher bank rates'said the reduction could have/dtan firms needing help to grow, EATON'S CANADA'S CHRISTMAS STORE A One-stop gift-shopping for everyone on your A 80 Departments to serve you i= s / A wets 4A NY ~' Res TS WSs WHITBY YOUNGSTERS IN YULE PLAY ws Christmas isythe time for church .women's .auxiliary cast of the play, "The Story while Joseph was played by ' Budget-Charge Terms available with No church concerts, plays and held a bazaar and bake sale of a Coat," are shown in Fred Read and Ruth Read other events in tune with. with a group of youngsters full costume. The Three played the part of Mary nN Down Payment the festive season. At All presenting three plays. In Kings were Paul Edwards, C7 Saints' Anglican church the the above photo, some of the Rod Fillier and Mark Scott er ELIE 8 en OEE CEEOL En --QOshawa Times Photo Open Until 9 P.M. ments Monday night for a'truck; Carr-Harris and_ his family |estimated that the procedure Every Night including Yacht Voyage portage to the Hudson River,|were stranded here when the! would cost $100,000. DS a Saturday. where the voyage can be re-|state barge canal system.) Details, including the route sumed which links Lakes Erie and On-\ang cost of the move between ml N tarts y ruc Peter Carr-Harris, a° retired|*4tio with the Hudson near Al-'Utica and Albany, were not RAS Canadian Army major, said he|bany, closed for the season available immediately. > ae Vas UTICA, N.Y. (AP)--A 'Cana-jhas made a tentative agree-|/Sunday. eR ae EER << SE AF. @ dian family, whose yacht trip}ment with a trucking firm to} an tingst DATE PROVES USEFUL ere cS . : : Hs ° | And Monday, the Kingston to the West Indies was cut short|hoist the 35-foot vessel aboard| ere tie eee | here by the seasonal closing of|a flat-bed truck today and move|f@mily's hopes that the canal' Dates can be processed to; the New York state bargejit overland from here to. Al- could be re-opened were damp-'yield perfume alcohol and gar- 1 canal, made tentative arrange-|bany, a distance of 70 miles. 'ened by a state official who'den fertilizer A, NEW STARS in the Minolta GALAXY OF FINE CAMERAS * a . : > Minolta Electric Shot Minolta Autopak 700 vee Minolta Autopak-8 K5 ae World's first 35 mm -camera with electronic shutter, completely automatic : : Craftsmanship and versatility never seen before in an instant-loading still camera... @t eny even with flash, famous Rokkor 1.8 lens. 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