The Oshawa Times, 1 Nov 1958, p. 17

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Sp WN Rg Rp eg U.S. Recovery: Auto Industry Comes To Life By WALTER BREEDE JR. NEW YORK (AP)--The United Slates recovery from recession continued to pick up steam this week, . The auto industry came to life with a sudden production spurt that promixed to benefit many other lines of business. Big General Motors settled the last of its local labor disputes and swung into high gear. By week's end, all 11 of Chevrolet's final assembly plants were back in op- eration after more than three weeks of shutdown. GO ON OVERTIME Ford, Plymouth, Dodge, Ram- bler and Studebaker went on overtime. Some 98,000 shiny new models rolled off the assembly lines -- the biggest weekly out. pouring of passenger cars from U.S. factories since February. Steel production, paperboard output and freight carloadings slowed up a bit. Stock prices re- tained a little from their historic highs. Still much on the upbeat, | though, were department store| sales, electric power use, and dol- | lar volume of contracts awarded | for future construction. | A' report by F. W. Dodge Corp. | showed construction contract] . awards «still racking up impres- sive gains over 1957. | Contracts let during September | were up 26 per cent from a year | ago. Residential contracts showed a 27-per-cent rise and highway construction a gain of 47 per cent. CONTRACTS DOWN But contracts awarded for manufacturing plants were down | 17 per cent in dollar volume, in-| dicating that big business is not| yet ready to boost its capital spending plans. There was good news for retail merchants. Christmas Club Cor- poration said money socked away | under its Christmas Club saving | plan this year will set a new high. Some 7,900 banks will hand out $1,365,000,000 to Christmas Club| depositors, three per cent more than in the 1957 payoff. Hurt In Crash Couple Given HeavyDamages SUDBURY (CP) -- A Massey, couple seriously injured in a col- lision while taking their new-born | baby home from a Sudbury hos- i pital, were awarded $34,671 dam-| "ages in an Ontario Supreme Court | Fsment handed down Friday.) [assey is 60 miles west of here. | Plaintiffs were Mr. and Mrs. | Raymond Maahs. Defendant was William MacDonald of Elliot Lake driving the car which collided 'with the Maahs auto Jan. 17 on Highway 17. Maahs said the MacDonald car to the wrong side of A the double white oad. aahs suffered facial injuries "which resulted in the loss of sight in his right eye. He also re- ceived fractures of the right leg, the left side of his jaw, and right arm. His wife, Colleen, has been con- fined to hospital with fractures of the pelvis and one leg. Their child had a broken hip and kid- mey injuries, but is expected to recover, West Nations Trade Worries NEW YORK (CP) -- J. R. White, president of Imperial Ofl| + Limited, says the free world's| commodity markets can be up-| set by friends as well as foes. He told the Canadian Society of New York Friday night that West. | ern nations are trying to export| their economic headaches to one another and are thus making it easier for economic raiding from behind the Iron Curtain. 'The people being hurt at the moment are being hurt from| both sides, and they are to be a) considerable extent the nations on whose economic and human strength the West must depend, in war or peace.' Mr. White cited United States | oil import quotas which he said fostered a Canadian protectionist oil grotip. Other examples were Russia dumping of aluminum and tin and the U.S. farm sur- plus disposal program. He suggested as remedies fur- ther steps along the lines of the Geneva trade agreements, and devices such as customs unions to broaden regional Yrading, areas. Work On Mine Safety Device WASHINGTON (AP) -- Pro-| gress has been -reported in ef-| foris by government and indus. | try to develop a mine safety de-| vice which would take automatic | precautionary action if explosive | gas accumulates. Harry F. Weaver, chief of coal mines inspection for the bureau of mines, said in a radio inter- view Friday night that real pro- gress toward its development has been made. Weaver said the monitor would | detect methane gas, sound an | alarm and flash a light when it detects a certain concentration of the gas. If no remedial action was taken quickly, the monitor would auto- matically cut off all electric power in the area it governs. Weaver said this would be the first automatic gas monitor, if it ect: a Fri Tm in mines now A READING TO DELIGHT THE FAMILY CIRCLE NO MONEY DOWN FILL OUT OFFER FULLY GUARANTEED HOW THE PLAN WORKS! You receive Oshawa Times Daily. You have free selec- tion of any 4 of 52 magazines listed - or alternatively you may choose Life Magazine and any one of the magazines from the list. One payment weekly at our Carrier's reg- ular collecting period covers BOTH the NEWSPAPER and MAGAZINES. Our Carrier will deliv- er The Oshawa Times. Your Magazines will come by mail We fully guarantee each order. Allow four to eight weeks for first maga- zines to arrive. This is an EXCLUSIVE offer for present or new Oshawa Times Sub- scribers. tested for presence of h §s's flame safety lamp. | COUPON TO-DAY! ( N Hand To Your Carrier Or Mail To The Oshawa Times CN This Offer is for a Limited Time Only. Act Now -- And Save Money. ¥ | | | | | | | | | | | | | | | | | | | | | | | THE OSHAWA TIMES, Soturdey, November 1, 1938 17 MARK AN (X) OPPOSITE THE MAGAZIN OF YOUR CHOICE New Renewal [0 [] MeCALL'S [J] GOOD HOUSEKEEPING .... CALLING ALL GIRLS .. 30 Issues POPULAR SCIENCE MTHLY. 3 yrs, CATHOLIC LAMP 3 yrs. 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