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MRS hymn Lwrn musrow IN runs noon sBuildgers Exchdnge BUSINESS Bianca1am Barrenastines Toldavs Biggest Challenge fContributéd by C62 lbere are mm challenges toabe met in an industry such as Many of these challen ges are always with usoom petition just to name one Periodically there are extra ordinary challenges which pres ent themselves such as the proL sent steel strike in the United States Although the steel workers are back to work for actdays due to the TaftHartley Injunc don nothing has been resolved The situation is still very criti cal and we must realize that the Is Set Up InBarrie The first steps have been take on by the Barrio Chamberrof Commerce to set up l3ullders Exchange at the offices of the chamber Memorial Square Last week plans room was opened on the premises It is hoped that it will be possible to establish Bid Depository for mechanical and elechical trades in the near future Arrangements proposed coal structions in th available in the plans room fossil mem hereof the Builders fixchanee Service The scheme basheen bpught into being by specinldgI tee of the Chamber of ei Britain Protests lint UK Museum LONDON Reuters Britain has objected to the United Arab Republic against proposed antl British museum in Port Said Foreign Secretary Selwyn Lloyd said Monday He was replying in the lions ofC mmons to questions abouts plan to convert into museum house where British Lieut Ana thaw Moorebouse died as an Moorehouse Han prisoner International Firm Will St fly The Severn Problem iSpecial An inter nationally wn firm of con sulting engineers has been one gaged to make fullscale study of the Big Chute andswift lino ids to recommend the best type of construction rto built up the tourist potential of the Severn Alexander Gibb and Partners one of the best know in theworld who recently completed survey of proposed of Commerce said toda under the chairmanship of Lloyd Bristow It is specifically de signed to aid the construction in dustry manufacturers agents and trades allied to the con struction field in other cities similar exchang Ies have been operated by the chamber of commerce or board of trade and have proved to be very successful Looking to the future Lloyd Bristow states that while the prime purpose is to have plans and specifications available the scheme can be emerged to labor relations board setup as well as bid depository for al lied trades Dues for thosewho avail them selves of the service offered is $50 for any 12month period for all classifications connected with the construction field InKStabilizing Money flats TORONTO iCPiv Chartered banks have forceful leadership in stabilizing financial markets when leadership was lacking elsewhere Neil McKinno president of the Canadian the anirs annual meetin ammonium develop ments of the last year he stated The rapid increaseio bank loans in the early part of the year caused the chartered banks in the absence of leadership through central bank rate or otherwise to moveto stabilize situation which wathea creat ing an impairment of confidence in capital markets In May an announcement by the Canadian Bankers Association warned of the tightening monetary situation but because of slack of public endorsement in official quarters it failed to have influence Expansions to the Lakehead her or They will begin work immed iately wltb Department of Transport providingall the in formation it has Gibh and Partners will recommend to the government the best type of structure needed to do the job and will consider all kinds of marine railways asvwellas lift and hydraulic locks Although on deadline has been Inoerest chntinuedto In sharp usr sorrow In August apnint was reached ivhere the banks again acting through the Canadian Bankers Association had to or ci forceful leadership and control in orderto avoid immobility in the banking system and to reestab lish confidence in the market for public bond issues The action theotaken became effective with beneficial efforts to the economy and to financial markets The selling of govern ment bonds by the banks was greatly diminished banks then became able to renew and in some cases to add to their hold ings of government treasury bills interest rates on treasury hills and shortterm bonds tended to decline and initally neces peered future will bring many challen gee until the steel strike is actu ally settled KEEPS GOING In spite of the shortages which have been brought about by the nlecl strike we have been oper sting at capautyn How have we been able to do this In order to find out in detail we recently interviewed Pur chasing Agent Barney anp On his shouldersfalls the re spooslbility of keeping us aup plied Willi the raw materials nnd componenls necessary for ipioduction Barney tells us that back in the Spring of the year whenthe strike to the Steel Industryap imminent we were ad vised that It could be of fairly long duration sary condition of stability was restored There now are some indica tions that the federal overnment is moving towards balanced budget which if it is inclusive of capital as well as current exlt pendltures will take much lwetlght off the new issues man MrMcKinnooscommun ts werecontained in text made available to the press in advance of delivery OUTLOOK GOOD Mr McKionon said economic conditions here and abroad sug gest that we may be reasonably confident about the lmmc outlook Mr McKinnonwTained that Canadiarnsmnst begin to be muchnnlore conscious that for eign debts are creatin SaysBanks Provide Leadership in built scrvicing obligation which in less buoyantcondltions may well becumohurdensom Business expansion beforeiong may create fairly tight labor situation he predicted set for the completion of the survey reliable informants say it will he finished in time for the cabinet to make decision be fore the end of the coming ses sion of parliament that is around May or June of ne year STOP GAP Meanwhile stopgap repairs ill be carried out to the pr eat obsolete marine railways at Big Chute and Swift Rapids to carry them throughjfor pert years navigation season This work likely to cost around $25000 though no set figure has been estimated will include installation of new stand by winchesand attached machin ery and general overhaul of equipmend gt ACCEPT Rosanna sources here report the govern ment railways or apids are needed to handle tb growing tourist and commer traffic on th Trentdeverh system whichmms om Lake Ontario to uple Accordinglyrwc ordered suffi cient steal from American sup pliers to cover mar eats untiltho end of the year The main llenrs involved here were the specialapplionoe in lsh steels for such things as Toaster shells andlron covers and the steel for harm Cleaner and Food Mixer motor lamina Lions Most predictions were for the strike to be settled by Septem ber When it carried right on into October we realised that we must do somethan to cover ourselves for steel supplies be yond the and of theyear Substitute material from Can adian mills were looked into and orders wereypiecad to cover our early 1800 requirements CHALLENGE TO INGENUITY Weknew that ths substitute materials would involve many problems but it was case of facing up to these problems or having people out of work Right away we realized that much extra work would be in volved in the finishing of this steel in order to come up with the high quality of plated finish which our customers have come to take for granted Many people had to plan extra operations and run various tests to make sure we could use some of the substitutes All in all the decision to use substitute materials gave rise to many challenges to the in genuity of many of us KEEP flUPPLlERS SUPPLIED iha supply of ourzown raw materials is not the whole problt lam Many ofourAsuppiiers of component partsfaco raw mat erials problems ln order to keep good sup ply of components coming into the plant we have had to help out many of our suppliers with raw material We have helped the Brockport plant to obtain raw material for motor shafts and spindles by finding Canadian soulcaviar raw material Cleveland chum Cleaner Di alslcn found meniselves in similar spo Here again through good contacts we were able to supply them with en ougb Canadian sheet steel to assure our ivcs of supply of component arts which they pro duce for us The supplier of the communta tors for our motors was having difficulty in finding sufficient steel to produce commutators for us Here sash we were able to come thiouxh wtih supply of threesiuaoi steelmdforcom mutator cores in order to assure ourselves of supply of the finished components Although the Canadian Steel bulls are not on strike it is quite evident that there has been and will continue to be drain on their resources unulthe LS strike is not tied there will be shortages in Canadian steel supply and much HOW HIGH or silence WItI You Whether your family srne amua EXAMINER allotment ronsnar anemiaha 193 of Canadian with he gimp all of us steadily sniping WHERE DO WE 00 most near2 We have maintained uprodue lion schedules upuclll now due to much extra work and lngenu ity on the part of many sections of therlleparimenl With everyone realizing that problems can Mcome even more complex and by displaying even more ingenuity in making max imumuse of all steel materials we can hold our own The fact that we have kept productioo going full speed iahead proves that lot of good planning ingenuity and extra effort on the part of lot of people hnspaid off the strikers go back on strike alter the period of the in iunction expires we hesitate to hazard guess as to the future This much we are sure of no stone ha been lat unturned to FAMILY Livs lives on tenderloin or kidneya may depend on how well your estate is handled Experienced Estate Officers like those at Sterliu lrustspczin help you plan youreatate proper so thatulfimatgly there will hea minimum of delay confusion and tax loss way not talk to asean Trust Estate Qfllcer soon or write for our ree booklet Blueprint For Your Family Sun 372 buy St Torontp EMplro 47495 for Here as the most or iiékible telephon ever ofiered to telephoneyvithfihe newBell intern in prom eaiffit easy ahan cedand but for as many as six persons at once add another personin your office to an outside call also telephone frequently calledpersons in your office or plant by pushing the appropriate and trench 0th rs kesoftokes lot of office Find out how this versatile névv telephone can manic ions THE No masts couponnon 35 Dunlop St rhorrie PArkwny8518l 9003 hfuch innovation has been Played in get around problem and must be prepared fm long siege We must max use of ever single scrap material and continue to come up with not ideas which will allow us rouse substitute materials ingenuity innovation and in dustry will be the order of the day until this out is settled FlueCure Tobacco Selling lit 5683 llLLSONBUBG CPI The Ontario Flue Cured Tobacco Growers Marketing Board 11 ported sales Monday of 2071784 pounds at an ayerage price of 5683 cenu pound Sales to dill are 17014885 pounds at an over age price of 5545 TRY AN EXAMINER WANT AD PHONE PA MIN Is THE LAST DAY To Fosryoua cheras MA FDR LocAL DEfiIVERY TO ENSURE EAIgLV DELIVERY OF CHRISTMAS MAIL TO OUTGFTDWN POINTS CONSULT THE POST OFFICE LEAFLEn WHICH HAS BEEN DELIVERED TO YOUR JIDME Elde extension or intercom lines Smartdesign In green gray or beige with contrasting face plates it harmonizea with the decor of any help speed your coma profitably CnllyourB lielep onebu as fora representative to visit Youat your convenience No ma NOTHING 15 set DISAPPOINTING A5 camsnus MAIL THAT ARRIVEs toa LATE chNADA PGSl oeeicis