Daily Times-Gazette, 16 Oct 1953, p. 14

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

was that the plane's "complexion" | Costing about $10,000,000, the jet- | try to sell i in the United i 44 THE DAILY TIMES-GAZETTE, Friday, October 16, 1053 wa completely changed by the liner was constructed some years|p.. no buyer materialized Deficit At Present Said SCHOONER SOLD land intevests to ge into the prosaic THE LEVER LUNENBURG, N.S. (CP) -- An- pi trade. The vessel took| pp. NO wi of northern ei Scotland time it was built by A. V. Roe of | ago. getting spectacular advance other of Lune ' i y ! oot nberg's famed fish- |f 1 Canada Lid., at Malton, Mr. Me-|billing. But things didn't pan out| The fetliner now is standing idle |ino"s Rooners, the. Marguerite B. | foundland and will carey. coal from [0U¢ West of the southern end of Gregor said. as anticipated. Steps were taken to at Malton with no buyers in sight. | Tanner, has been sold to Newfound- | Nova Scotia to Newfoundland ports. | Norway. Down-Payment On Future TORONTO (CP)--Not many eco- nomic records will be broken in 1954, but neither is there likely to be serious trouble, Morgan Reid, economist and assistant vice-pres- ident, retail, of Simpsons-Sears, Limited, said Thursday night. In an address payed for the Engineering Institute, Mr. Reid added: "Next year may see some un- used capacity and unemployment of a spotty character, as some capital projects are completed and other industries experience diffi- Sulties in selling export sur- plus." The Canadian economy was more resilient than ever. FORESEES PAUSE "The coming year may be a pause in the economic expansion which has been under way for 13 years. be some decline in the price of the Canadian dollar in terms of the United States dollar, becaiise of an unfavorable trade balance. Export industries, particularly gold mining, would benefit. "Don't think we are e joing bank- rupt because we chi some large red figures in our balance of payments. "To. a I extent the size of our deficit ( ,000,000 in the first half of this year) is due to heavy requirements for "machinery and equipment for our resource pro- jects. We are actually making down-payments on the acquisition of a better standard of living in the future." : Canada will likely -have wheat marketing problems, said Mr. Reid, but "there is no reason to suggest that any major downturn in our CORRECTION The Dealer for Meteor Cars and Trucks IS STILL BRAMLEY MOTOR SALES NEWCASTLE -- OSHAWA -- WHITBY Mr. Reid said there likely will Christmas Deadlines For Mail OTTAWA (CP)--Christmas is 70 days away but mailing deadlines for Christmas mail to Canadian troops abroad are approaching. The defence department said Thursday the closing dates for Christmas mail addressed to the armed forces in the Far East are: Parcel post and ordinary letters, in time to reach Vancouver not later than Nov. 15; Prepaid airmail to the Far East, in time to reach Vancouver not later than Dec. 5. : Deadlines for Christmas mail for Canadian troops in the United Kingdom and continental Europe are: Ordinary letters by surface ship, in time to reach Montreal not later than Nov. 27; Parcel post by surface ship, in tim to reach Montreal not later than Nov. 25. Although airmailed letters and parcels sent to Europe from Mont- real usually are delivered in about two or three days, postal authori- Ten Million Dollar Jet Goes Begging OTTAWA (CP)--A controversy developed Thursday over the his- tory of Canada's multi-million-dol- lar Avro jetliner which still awaits production orders. A British aircraft authority said the plane was built for Trans- Canada Air Lines, but that the crows-owsed TCA cancelled its or- er. However, G. R. McGregor, TCA president, said that though TCA may have expressed an interest in buying the plane, there had been no formal contract. The reason TCA didn't buy ties cannot guarantee that service during the Christmas season. Therefore, all mail intended for delivery to servicemen in the United Kingdom and gcontihental Europe by Christmas must be overseas by: Dec. 16 for air mail and surface letters, and Dec. 8 for parcel post. Weight limit on parcels to the Far East and Europe is 10 pounds. CROSSWORD PUZZLE i git ; I CR ¥ UR Bopn om pp pp le »e. ob oc. Those os. por. '. if (biiviipai L git i 1 i: Smooth, grainl suo a semee [SAT [1]! DONNACONA ARDBOARD; hnatl ls of Di 1279 Simcoe MN. Hardboard make "built-ins" easy. It's quickly-worked with Use Donnacona Hardboard for bookcases, cupboards and all kinds of "built-ins". Use it for panelling, too, to remodel rooms or build that attic bedroom or basement playroom. Call on us for information and Samples. Your Murray and Donnacona Headguariers Hours: 7 a.m. to 6 p.m. -- Saturday 7 a.m. to 2 p.m. Millwork and Building Supplies 4 . won't crack, splinter or warp. MOVE IT WITH TH BUILT Meleor o A R Be mone ahead MERCURY ™22 FOR LESS / Whatevér you haul, there's a Mercury Truck built te save you money today and every day through the years ahead. Be money ahead with dependable V-8 power, tailored exactly right to give gas-saving performance on your job. Get full value in truck-built ruggedness and durability shat will pay off in longer life--keep maintenance pinned down to rock-bottom year after year. Com- pletely new features in Mercury Driver-Engineered Cabs make the driver's job safer and easier than ever before. There are over 100 models, from 3§-ton to B-ton rated capacity --a money-saving Mercury Truck for every hauling purpose, Visit your Mercury Dealer and talk over your needs with a truck specialist. See why vear in and year out you'll move it with Mercury for less. I SEE YOUR MERCURY TRUCK DEALER I Dial 3-4694-5-6 x BRAMLEY MOTOR SALES WHITBY FOR A 'SAFE-BUY' OSHAWA NEWCASTLE IN A USED TRUCK ... SEE YOUR MERCURY TRUCK DEALER

Powered by / Alimenté par VITA Toolkit
Privacy Policy