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PELL) ci a ah EO We a FO OO Ha A 3 ed ECM Hea ds | . THE OSHAWA TIMES, Monday, August 8, 1966 - In Accod Generic-Name Use On Big Deal For Fibres Urged By NELS SLIS | at ange Mle A ar | and boardy, it will usually pill. The stiffness means the European Common Market of.) manufacturer has over-con- MARKET TODAY TORONTO ioite Am, STOCKS =f by CP Toronto Stock Exchange--Aug. # ions in cents yniess marked $. 1---Odd iol, xd--Ex-dividend, xr--Ex- | BUSINESS SPOTLIGHT Dem Store 1% © | Domtar D Textile 16] same ° By LINDA CRAWFORD MONTREAL (CP) -- Every- Nylon fibre: law jar ts the polvester are fairly simi- ficials and delegates are on a| Adjustment Tights, XW x-warrants, Net change from previous board-lot closing sale. | Bidcop Black Bay com Mine Con Negus C Rambler C Red Pop Coprcorp Cop Fields Sales 1000 nt: 4 nappa ae 338833 g3geSsSs388s8 4 a6 " wo 9) a) WA WA 145 et 15 wo ™" Un UA ery 10:40 Net | High Low a.m. Ch'ge| "4 | u --t| *. 4 19 18 | ' 9 =--1) "0 9 " 10% 10% 10% 53 8 13% 13% "4 (4 Us + Va) us -- 5 ™" ~ Husky C pr Dw Gas | Home B | Husky Of | Musk: | HB Olt Imp Off 2 ww +7"%4| imp Tob "5 +4 ti a5 § | 00 | + 2 ind Accept Ind Int Int Util pr Intpr Pipe intpr Steet inv Grp A 10 Jefferson 1 Jockey C Labatt LOnt Cem LO Cem w Lav Fin Lav Fn 140 teu F 125 + + Price Bros pon is} Bast Chrir time. aicon jee: Lag's Only ) In Economy Say Experts "a 7 What 7 72 | 674 1 | i 27% CU 7" WW 17% Hn 1% Zi By KEN SMITH 65 Canadian Press Busi Editor 4 fhe The Canadian economy likely Mp will be able to avoid the two 335 +19 |main dangers facing it in the pA immediate future, the Pruden- 1A tial. Insurance Co, of America 20% says in a special mid-year re- ni port. 7% The company's highly re- tg | garded survey, normally pre- pared at year end, concludes %|that Canada's slowdown in na- tional output in late spring and jsummer 'has been no more + 2 |than an adjustment to the sharp jand unsustainable acceleration * | in production which started last ~ 5 |summer and continued through 4~ the first quarter of this year." | It asks whether the hesitation in auto sales, recent stock mar- 5 11% . Britons jket development and other evi- jdence of a slower growth rate indicate a slide in the economy, and whether severe pressures on productive resources and ris- ing prices will lead to a reces- sion early in 1967. "We believe the economy will avoid both dangers,' it con- cludes. The early-year production in- crease forced the wholesale price index up almost five per cent in the first quarter, com- pared with only two per cent on average in 1965, the survey says. So the current adjustment, "far from indicating difficulty ahead, is all the more timely in view of the added stimulus from the recent three-year rec- ord wheat sale to Russ Still William Ingram, -- Prudential senior vice-president, said the survey was prepared especially to analyse the. unusual trends of the first half of this year. SPENDING RATE DOWN Among factors that have re- leased some of the steam from the overheated economy, the survey says, are a reduced rate of increase in consumer spend- ing because of pension-plan pay- ments, the Ontario sales tax in- crease and a slowdown in hous- ing starts. It says there are several fac- tors ruling out any business de- cline at least until the middle of next year. Exports have been strong and spending by business and gov- ernments will increase slightly {more in the rest of this year |than had been expected and [Centennial and Expo 67 projects will ensure continuation of ex- pansion through the first half of next year. month's vacation, after tying) one knows where wool, cotton, carbon compounds, made probably will improve, capital) $2,000,000,000 BUDGETED | up the biggest package deal in the market's nine - year his- tory, Before going away they agreed to merge agricultural and industri4l markets of. the pd countries not later.than July, This means that the main pil- lars have been established for a single market for 200,000,000 Europeans, The new agricultural policy is protectionist, with high prices for farm produce. During - long debates, the six France, West Germany, Italy, Belgium and Luxemburg--were reluctant to make concessions. The attractive side of the agreement was that the cost of buying supports and export sub-| sidies will be financed from ay common fund to which the na- tional treasuries contribute. The fund's annual budget, al-! most $2,000,000,000 from .1968) onward, will cover part of the) costs to modernize and mechan-) ize farming. The single market will make silk and other natural fibres come from and can usually recognize them, Much less is known about the origins and properties of synthetic fibres and the prac- tice of using trade names has further confused business and the consumer, says G. J, Comeau, a textile engineer with Chemstrand. Chemstrand, company which operates in- ternationally and has its Ca- nadian company headquarters in Toronto, manufactures chemical fibres. It is trying to clarify the textile confusion by eliminat- ing trade names and calling fibres by generic or chemical names. The Consumers Association of Canada has actively urged the Canadian government to implement legislation to this | effect, but no action has yet | been taken. FOUR CATEGORIES Mr. Comeau said synthetic | fibres on the market today | can be broken down into four | an American from cold water and air. In natural colors they tend to turn grey, especially after repeated washing. "One way around this is to put a touch of detergent in the rinse water," said Mr. Comeau, "But then they will soil more readily." Many nylon and polyester w fibres i pill, but non-piii varieties now are on the mar- ket. "But if the fabric feels stiff structed the fabric to compen- sate," Mr. fabrics , generally was much help. Comeau said feeling not A. E. JO OPTOMETRIST 14% King St. East |__723-2721 Want Some? it easier for the Six to tackle some of the major problems of modernizing their farming. A low productivity level, resulting in farm incomes consistently Rank Org Rothman Royal Bnk Russell H Salada Shell Can Sheil In vw WA 17% 26% 28% " 77 00 $63 63 480 480 78 «(178 families -- acrylic, polyester, | nylon and spandex, | Chemstrand sells the vari- | ous fibres in each family un- a+ Ve 0% + % 15% It predicts a markedly slower increase in the rate of capital spending in the first half of 1967 |as profits tighten and the five- Denison Dicknsn Discovry ®° Pack The Pubs $2\% 21% 7 $54 710 700 Dome Denalda Frncoeur Frobex Genex Giant Yk Gienn Exp Goldrim Gradore Granisie Gunnar Hu-Pam int Bibis T iron Bay Iso Jaye Jelex x 1000 2000 «+14 152 #147 0 4) $4 54 18% 18% 16% + 44 9 $29% 9% 9% 917% 17% 1% Simpsons Simpson § Siater Stl Southam St Can Stuart Hse Suptest od Tancord Tancord p Texaco Thom N P Tor Om Bk Tor Iron W Traders A Trader 65 w Tr Can PL By JAMES F. KING $136 13% 13% LONDON (AP) Despite RE Prime Minister Wilson's aus- AIS, 15475 terity program, Britons are $194 94 194+ "4/ packing the pubs at lunch time +2 260 «280 280 $572 572 57% sie 8B $592 594 59% $322 32% 32% $10% 10% 10% 155 155 155 $32% 32% 32% |shops. There's money around ..y{and jobs aplenty with no signs lyet that belt-tightening in gov- 419 }@rmment is beginning to hurt. 230 + Ve and streaming into the betting| |this Stage, the possibility of a jnational -- or coalition -- gov- }ernment, Wilson is expected, however, jto shake up his cabinet. Political commentator Harold Hutchinson, writing in The Sun which supports Wilson, said "one could sense in the last month or so that if there were a de Gaulle in Britain, per-cent refundable tax on cor- | poration cash flow and other fis- cal restraints take hold, but adds that housing starts could /pick up as competition for re- sources becomes less intense. | In all, it says, the outlook for this year is for an increase in /gross national product of more |than nine per cent, with 3% to per cent resulting from behind those of industrial work- ers, has made it difficult for farmers to stand up to competi- tion. Farmers make up 17 per cent of the market's 76,000,000 work- ing population. They earn only eight per cent of the gross com- munity product. Industrial workers make up about 43 per cent, earning about 45.5 per | family, is the only exception. der these family names. Acri- lan, a member of the acrylic It is sold as acrilan because | discovery of this fibre started the company in 1952. Fibres in the acrylic family | are made from natural gas in its liquid state. Acrylic fibres are the syn- HELP YOURSELF WITH TIMES : his | four * | But Britain today is a nation 1) | Price rises jof underlying fears, confusion 'and . doubts. The honeymoon -- ve| days of the post-war welfare state--accepted by both Social- CLASSIFIED WANT ADS Classified ads add bonus dollars to tight bud- gets by finding cash buyers for worthwhile articles you no longer use. $4 Ci 915 WS 915 $16%4 16% 16% $24%% 24% 24% $10% 10% 10% 410 «410 «410 $224 22% 22% Joutel 0 93 «93 «93 Kerr Add $10% 10% 10% K Anacon 216 216 216 Kid Coper 66) 61 Lab Min $2 6268 \ Dufault S114 1% 11% Lakehead 000 6 HH Tr Can Pip Tr Can Pw, Trans Mt Un Carbid Un Gas Versafd Versatile cent, Persons employed in the services represent 39 per cent, earning some 45.9 per cent. About 400,000 farmers leave the land annually. More than thetic equivalent of wool. They are light, warm and can be machine-washed. Acrilan, for example, is widely used for carpets and blankets as prospects would not be at al bad. NOT ALL ROSY "If that is right, it is a seri-| "One cloud on the 1967 hor- ous danger signal." izon--particularly late in the At last count there were 454,-| year--is a potentially serious 50 125 750 150 1250 100 725 Leitch Lorado Malartic Man Bar Metal Min Nat Expl New Ath New Bid New Cal N Goldvue 3 Mylama Nisto lewnor N Que Ragi N Senator 500 2 ™ 1 120 0 490 120 y 23 i" 11% 300 590 570 570 5100 1 .. y|ists and Tories alike--are over. ~ |The social services, the health scheme, are here to jstay but there could be some trimming. Britain's political system could be at stake in the present crisis, too--a system that de- mands gomplete loyalty from parliamentary members of the party in- power. |. Wilson's Labor party, which Vic G Tr Walk GW Weldwod Westc'st 400 280 100 102 $15% 15% 15% $294 29% 29% 9 9 527% 27% 27% + Ve Sales to 1) a.m.: 785,000. FOREIGN TRADING 197-197 Coch Will 480 480 Dickenson SiS 515 Langis 53 53 Lorado 122 «(121 Siscoe 44 (440 Utd Keno 900 875 Agnico +15 --2 +10 1650 +25 including| | 000 unfilled jobs going in Brit- ain and 280,000 people out of work But fears come from official warnings that the reductions could bring unemployment ap- proaching half a million this winter. HOLIDAYERS SUFFER Bookings for holidays over- seas were at record highs but | setback for profits. Businessmen will be squeezed between sharply rising costs and an in- ability to boost prices to com- pensate. "A decline in profits, if severe lenough, could result in' a sub- stantial cutback in capital spending, with repercussions for labor income and for expecta- tions generally." two - thirds of all community farms are less than 25 acres. There is a lack of mobility due| to the wide differences in lan-| guage, religion and tradi-| tions between the community's northern tip in Hamburg and its southern tip in Sicily. Other problems are shortages and surpluses, and the lack of a stable balance of supply and In nearly every home or apartment there are many things which are useful but not in use , . furniture, golf clubs, appliances or outgrown toys. well as clothing. Coffee and animal stains can be removed from it, Polyester fibres are made from antifreeze, just like that used for cars. 'Fibres from this family are not good by themselves, but mixed with cotton, for instance, they make good wash - and - wear garments," « things like The step to extra cash is os near as your phone. Toke inven- tory and dial 723-3492 for a helpful ad writer to start your low cost ad working today. You'll be money ahead, Call 723-3492 For The demand, often due to climate. | IMPROVES SALES A wider consumer market Mr. Comeau said, Polyester fibres are ex- | tremely resistant to sunlight 006 2500 (17% 17 v7 ms 78 O78 CP 400 1 WM Northcal 2000 46 ng Pm depends for support largely on N Rank jthe trade unions, is torn by a jrevolt of a. bloc of leftist leg- the clamp down--putting a £50) The federal government pub- ($150) limit on spending); ete a abroad has forced many to plan ished its mid-year parted be 'TIMES' 4 300 625 620 620 Northgat Obaska O'brien Opemska Orchan Osisk Patino 12 120 2 120 :~') Press Irks islators, who are openly fight- ° "| British PM ing, a wage freeze, and some big trade unions. crea; DISCIPLINE REBELS -', By JOSEPH MacSWEEN Wilson has a comfortable 6- spending intentions, vacations at home. ; increase of 3.3 per cent. from its Government explanations of the importance of having a Brit- ish army in West Germany or fulfilling other overseas com- March forecast to a total of $15,546,000,000 and up 17.4 per cent from 1965's $12,798,789,000,- 0) will improve sales prospects and enable farmers to special- ize. To help the community's shortage of manpower in indus- try, a social fund will help fi- nance co-ordinated vocational deterioration behind glass and so make ideal drapery mate- rial. They are susceptible to open sun and hard to dye, especially in 'red or maroon shades, actin, Swim In Your Own Back Yard at the New RENFELL SQUARE APARTMENTS 385 Gibb St. at Grenfell mitments to keep in the swim he ls inevanka: apwed as a world power have not sunk], The largest Increase showe in yet. in the ee ie cal ny six There's surprisingly little ied cent from the earlier fore- grumbling heard considering _ to --_ of igh anoayyy sd the ominous warnings of im- 1985 A F97,719.000,000. ys mediate sacrifices to save the| "2 \0'@) OF 94, iwi) cont pound, This pp oe cae soe intlon wer o exert stron s- Bd a eng dro on sectors of the economy the taxman . if you drive a| Which are operating at close to car, I'll tax the street. . , if| capacity limits," the govern- you're feeling cold, I'll tax a ee henge in th heat... if you take a walk,| Alt bli i S kreere a ¥ But no one takes seriously, af(I'll tax your feet." jbusiness spending appeared to CHSC President Replies But durable. "#4 +1| LONDON (CP) -- Prime Min-| vote majority in the House of are $254 25% 25% -- |ister Wilson was reported today|Commons. But growing talk wwe incensed over persistent press|about disciplinary action is 16 reports that he plans a major against the rebels could put his ' cabinet shuffle of senior min-| government in a shaky position. 53 +) serine ' | Rebel leader Michael Foot Pid nl ag a 1 + Speculation continued, how-\last week told Parliament in 500 67 67 «67 +2 /€ver, that the Labor premier is|calling for a revolt against the 'e400 1 a We + |contemplating some political| wage freeze: 290 390% 90% gee + (Stoke to repair the damage! "If everyone took the course 34100 42 382 40 + § | Caused by Britain's chronic eco-|I'm advising 'my friends to bof Te ee |nomic problems and recent evi-|take, the government would be Sherritt 1100 515 510 \dence of confusion at the top of | defeated ed th gy a a = ,),| his government. Siscoe A prominent Tory member of| Fit bye _, |Parliament speculates that Wil- Sud Cont +1v{SOn May propose closer eco- Teck Corp nomic links with the United) States, Canada, Australia and New Zealand, rather than the) much-scouted association with the European Common Oarket. training schemes for people leaving the land. polyester fibres Quonto Radiore Rayro Rio Algom ae 5.60 Pr 215 229 700 590 585 500 28 8B 212 520 § 1000 15¥a 15% 33000 «99 "7 1900. 5. aS. $00 105 105 105 6800 107? «= 95105 100 325 325 1200 63 63 1850 800 5500 46 -2 2000 (13 \ 250 520 1000 "ee, ut. 520 1S mw +4 on +5 +8 in |budget call for restraint, con- Territory 5 i A Cl b C S,s «8 Bore 0 Auto Glub Criticism Vespar Comparisons "Are ° frequently year and the restraints may not jstruction officials said it still is Texmt with plans drawn up last} Un Keno . : f . . . ; ; ' | Meg ha made between Wilson's predica-- MONTREAL (CP) -- H. K.,for the first time in the history | show their full weight until next! Enjoy Your at rivate GRIFFIN | SUANA AND jtoo early to be able to judge \the effectiveness of the budget- Texore Tombiil West Mine ment now and that of Harold| Macdonald, president of the Ca-)of the automobile, a concerted\year, they say. White Star v|Macmillan, then Tory prime | nadian Highway Safety Council, : erted|) ee jary measures aimed at cutting |back spending. Torbrit U Asbestos Winatail --3\minister, in 1962, Macmillan's|has replied to criticism from the ©2™P4!8n was under way to im- popularity was at a low ebb| Quebec Automobile Club that he| Prove one of the factors of all Most of the spending is tied} U Buffadn Zenmac 4500 1500 35 OILS, GAS Chieftan D Cc West P Dome Pete Dynamic 4600 4100 2s 250 1500 3800 38425 700 * 17500 1150 ns 1500 27s 2 13% i" $19% 19% $102 10% 680 680 Wea 184 400 255 3 23 Ww 8 us 4s 210 19% + %/ Says in today's Evening Stand- 10% 680 184 18% + 400 260 200 WM 320 40" 165 2% 340 199 109 20 30' 270 2 3 "a jion with the Common Market. after he sacked half his cabinet| seems to be defending the auto- but he recovered prestige by be-| mobile manufacturers, coming champion of British un- The club had said in a com- munique that' in" several -state- writer and ments concerning car safety, Parliament, Mr. Macdonald had taken a po- |sition against what it called a ard that Wilson may well be current campaign to make car 'plotting a similar stroke, but manufacturers build safer cars. « discarding the Common Market' Mr, Macdonald had taken this idea for the present because position for fear that it would France still appears set against' be forgotten that the driver is * British entry under acceptable the main cause of accidents. conditions, The club regarded this atti- Giving some substance to tude bad at a time when, Lambton's speculation is a re- Irate Father +1 Lord Tory member Lambton, 1 +5 +5 of as port by Hill Samuel, merchant! bankers, which says British en *_, try in the Common Market is doubtful and might be unwise. Wilson was reported losing pa- traffic accidents. Mr. Macdonald said in an in- terview he fully agrees with the he council has always en- couraged the use of safety belts | and of all other items likely to! reduce the consequences of an accident,"' he said. He said, however, versy had arisen because of what he called the '"'second ac- cident,"' or the impact of the persons inside a car when the car hit another object. "Although we favor of techniques which would as- sure greater safety in automo- biles, we believe that the great- est effort must be made to avoid | the 'first' accident, the one in-| the contro- the use Real Estate Ltd, 155 Simcoe St. S$. Are Pleased To Announce The Opening of A GENERAL INSURANCE | DEPARTMENT Handling All Classes Of Auto, Fire, Casualty, Bonds and Burglary. Call Us For Prompt Insurance Needs OSHAWA 723-4666 HEALTH CLUB SWIMMING POOL and SUNNING PATIO CONVENIENT TO OSHAWA SHOPPING CENTRE @ ONE BEDROOM SUITES @ TWO BEDROOM SUITES @ FAMILY SUITES @ 3 FLOORS RESERVED FOR ADULTS ONLY! AJAX 230 13 1 942-3310 $0 315 HS NS i INDUSTRIALS 705 $1) 10% 12 230 480 480 480 200 $0% We wu 210 ee W Deceite volving the vehicle and an out- ANYTIME side element." tience with speculation about Kills Four cabinet changes expected before' GROSSETO, Italy ( AP)--Ap- the Labor party's annual Octo- parently oulraged because his ber conference. daughter returned late from a The names of George Brown, | party, a cattle dealer went on a 400 a, a deputy premier and economics rampage today and killed the 2180 3% 34 -. % overlord, is prominently men- girl, her fiance, his own wife 0% 44+) ni aon P P Aalls f 4 : 100 Gu a. . 4 UOned as well as James Callag-| and then himself 150 27% 27% + han, chancellor of the excheq- Po ne ta uer, and Richard Crossman, io low) \, housing minister and long-time $4 Sé4--% leader in the party's intellectual circles Abitibi Acklands Atta Gas T Alta Gas p Algoma St Alcan Alcan pr Alumin %» Anthes A Argus Argus C pr All Sugar 435 Bank Mtl 60 Bank N S$ Bathis! w Bell Prne G. EDMOND BURROWS, C.A. and : . R. F. D, WILSON, C.A. Announce the Dissolution of their Partnership. Hence- forth the practice will be carried on by G, EDMOND BURROWS and will be known as BURROWS, SELBY CO. 323 King. Street West and 130 King Street East Telephone 725-6451, 728-7554 | | FOR RENTAL INFORMATION PHONE 723-5111 11 A.M, TO 9 P.M, DAILY Exclusive Agents Oshawa Realty (Bond St.) Ltd. PHONE 728-9466 "A NEW WORLD of APARTMENT LIVING" Police said when the daugh- [ter came home after midnight with her fiance, Leonello Ghezzi 233 "a & met them at the door and shot ve oe Soe + Wilson's lieutenants now are them with a pistol. ayn. 1, attempting, however, to put as His terrified wife, clad only tw surances that the cabinet;in a nightgown, fled into the Con ren 2 * 204 -- YW changes will not be spectacular. streets of this Tuscan town con Pare ? fe north of Rome, He chased her | and cut her down with blasts her Department Store from a shotgun. Then he put a =1| pistol to his head and killed | Sales Increase himself. _+™% OTTAWA (CP) Depart- DEATHS SET RECORD -=--\,ment store sales in" May; CHICAGO (AP)--A record 23,- | amounted to $152,165,000; an in-| 570 traffic deaths were counted crease of 3.1 per cent over sales in the U.S. for the first six in May last year, the Dominion! months of this year, the Na- Bureau of Statistics reported to-!tional Safety Council said Sun- F day day. It was the highest first- Cumulative sales in the first) haif toll in U.S. traffic annals, five months of this year were| eight per cent more 'than the | $712,629,000, up 8.6 per cent record figure for 1965. The June from the same period of 1965.! death toll of 4,270 was the worst | The bureau said all | record for the month and | GRENFELL SQUARE features: Night Drapes Throughout One or Two-Balcony Suites Available Second Washroom Suites Avoilable Oshawa's Largest Suites Rental Includes TV Antenna Service, Parking Space and Additional Locker Space Private Sauna and. Health Club Facilities; Swimming Pool and Sunning Patio, RESERVE YOUR SUITE NOW Rentals Start At $125.00 Free Hydro e High Speed Elevators e Softly Carpeted Corridor Floors Beautifully Landscaped Entrance @ e e Ultra-modern Kitchens include 30 inch Electric Range and New Refrigerator, Intercom Connected to. Lobby Bathrooms Equipped with Large e Mirrors and Built-in Vanities @ Double Sinks 634 Announces that arrangements to take over the clients serviced by +1 David G. Perkin, C.A. rly of Hall Perkin, effective + & Co From have been finalized the 7% immediately offices of... S15% 15% 15% -- } 1O0¥e 100%8 100%~ 3S 335 13: S15% 15% } a0 425 ? BURROWS, SELBY & CO. 130 King St. E. ond 323 King St. W. with telephone numbers 725-6451 and 728-7554 190 623 ad previnces jon but Ontario had increased sales about five per cent above the | 8 S16% 16% 16% % during May 1985 total of 4.070 $23% 274 24 + William A. D, Selby, C.A. | | 940