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; 1 ; | | a HEAD PLATE FOR CHRISTMAS Fummerton, 18, William. Doctors 'at Toronto's cover an injury suffered when "an gener to nurse Nancy Hospital for Sick Children in- she was struck on the head by McLandress before heading, serted a four-inch tantalum a rock last summer. home for Christmas at Fort plate in Heather's skull to --(CP Wirephoto) Slow Opening BUSINESS SPOTLIGHT For Cattle | Tax Reappraisal At Stockyards | Big 1963 Item TORONTO (CP)--The federal department of agriculture re- ported Thursday that slaughter) TORONTO (CP)--While 1962 noeuvre, since almost all accept- steers and heifers opened slow|coyid hardly be called dull fromjable sources of revenue are al- under pressure this week at the}, tax point of view, next year|jready tagged." Ontario public stockyards and! promises to out do it by.a long| ianGrs HELP, HURT closed actively strong on & light/ hot says the Canadian Tax gr fees supply. Foundation. by the i aoe will cog | Cattle receipts were SOM€/ poanoraisal of tax systems someone, particularly if only the 2,600 head less than lest wesk will occupy the centre of the do-ltay' side of the ledger is looked and slightly more than mestic stage in Canada, the same week in 1961. Westerniiiteg States and other eoan? at, says the foundation. cattle receipts were 116 head tries, es each secks ways to The broader examination may more than last week. Western meet 'the growing demands of reveal a need to relate in the stock calf receipts were 90 head governments for revenue, and at taxpayer's mind the quid pro more than last week at 181/10 'same time free funds for ve on ad taxes and benefits There were no shipments to r Eastern Canadian slaughterers. a investment and consump- The foundation says that a on. summary of the U.S, tax system Forty - nine heifers and bulls i iven recently by Donald Cc. la- a! {s -- Canada has its g were exported off the market to the Ualted States. way, says the/bick, an official of the Secre- Slaughter cattle: Choice|Foundation, for even if Canada's|tary of the Treasury, could well steers 27.50-28; fancy feedlots|basic system compares favor-lapply to the Canadian system. 29; good 25.50-27; medium 22-|ably in many respects with the) Mr, Lubick said the tax struc- 25; common 16-21; good heifers|current U.S. structure, the taX/ture in the U.S. has placed a 24-25; choice 25-26; some sales|Wind from the south would force/heavy burden on productive in- to 26.60; medium 19-23.50; com-/@ Tea! * vestment; that it siphons off a mon 15-18; choice fed yearlings| In the coming weeks, eves in|large fraction of the increased 28-30; sales to 31; good 25-27.50;|both Canada and the U.S. willlincome generated by business good cows 17.50-18.50; odd sales|be on President Kennedy's tax/recovery so that forward mo- to 19; medium 16-17; common|Teform proposals. mantam is dissionied before full 15-16; canners and cutters 11- employment and full utilization 14.50; good heavy bologna bulls gc hota Te tees to of industrial capacity can be 19-20; common and medium low be. --annaty yeonoees reached; that overly high rates light 15-18.50, fe give effect to his cencrally\°! individual income tax inter- Replacement cattle: Good . object! abbr: nd fer with the economic progress; light stockers 26-27.50; peta it oes ba since ant\20d that the system lacks pro- stock calves 28-80; odd sales to e S Sg bode tt n*/ vision for flexible and timely ad- $1; common and medium 18-25.|*° rt x it. th gid Wi youljustments to meet swiftly de- Calves: Choice vealers 35-37; ot 2 Beene te oe eee roaring changes in the over-all odd tops to 38; good 31-34; me- "For as ail sie Galina evel of economic activity, dium 26-30; common 21-25; bon- Pitios 9 nl reform program . {will be felt in Canada." ers 15-21, Grade, A | 27.90-31.20; | "The Foundation adds that it is Hogs: heavy sows 33.7530.0; He frequently asked why it should stags 17.50 on a dressed weight take so much 'effort to change MON. ;. FRI. 9.30 P.M. Fi'. Diciee FREE HONEST CAL KING ST. E. et VARCOE'S RD. PHONE 728-9191 Oshewo's Biggest Discoun'ers APPLIANCES & FURNITURE sows gained a $2 premium basis the U.S. and Canadian tax sys- . tems. Paso Figg tc yg ne ge "It is comforting, but not too 24.50 a hundredweight; bucks useful, to place the blame for discounted at $1 and good heavy the situation on unimaginative lambs $2 a hundred weight; and unrealistic tax officials and common and medium 19-23: |° preg A ng be good heep % *|may rm for many the trut! 19-16: yo 3-7 $12; yearlings of the oft-made statement that : @ we get the tax system we de- Interest Rate Up |. '® "Boxed in as we are by high terest ate Pp expenditures, by deficits, by un. employment, by extra capacity, On Treasury B by the challenges of a rapidly OTTAWA (CP)--The treasury|Changing world, and by the bill interest rate advanced to|N0ble desire for absolute equal- 3.94 per cent from 3.84 lastjity, certainty, flexibility, fiscal week with the sale of $95,000,-|Tesponsibility and equalization, 000 in 91-day bills the Bank of/we have left ourselves with Canada reported "hursday. precious little room to ma- It bi bo third weekly in- . crease in the rate--an indicator of conditions in the short-term NET EARNINGS money market--following a de- cline from the five - per - cent| By THE CANADIAN PRESS level it held at the end of Sep-| East Kootenay Power Co. Ltd. tember. 3 mos. ended Sept. 30: 1962, Average price of bills sold/$44,477; 1961, $27,331; 6 mos. Thursday was $99.028 for an av-jended Sept. 30: 1962, $92,676; erage yield of 3.94 per cent.|1961, $61,604. A a Being 3.99 and the est 3.84. Last week's aver-|/ pEAL age price was $9051 for an| Robert Earl Hughes of Fish average yield of 3.84 per cent. Hook, Ill., weighed 1,069 pounds in 1958--the year of his death at age 32. Line Léd., series A pfd. $1,5625; ser- tes B pfd. $1.4375, Feb. 15, rec- ord Jan. 18, Canadian General Investment Léd., common 31 cents, Jan. 15, record Dec. 31. Hudson's Bay Oi] and Gas Co, Ltd., common 30 cents, Jan. 25, record Dec. 31. Inland Natural Gas Co. Lid., pfd. 25 cent, Jan. 15, record Dec. 31 Third Canadian General In- vestment Trust Léd., first pfd. on cents, Jan. 15, record Dec. 1. BS To Everyone! ALDSWORTH CLEANERS 36 ATHOL EAST BUILT LEARNING Up to 1872 only 28 per cent ef Japan's children attended school, but 98 per cent attended by 1909. 'ishares of Gunnar at $11 each./ahead 4%. ;|Gunnar shareholders to either|to 21% after earlier touching '|send him their proxies to vote/224%4. Power Corporation ' 2 eng lec Ng ag a | Canadian Deposits Higher This Week OTTAWA_ (CP) -- Govern- Rift Grows |Dwindling Supply| Christmas Eve Drinkers Over Plan On Of Silver Dollars |Can Call For Ride Home |.gm.:cp «cove Kids, don't\head of the Royal Canadian| By THE CANADIAN PRESS jdeath toll of 58 for the five-daylin the week ended Dec. 19, the McNamara- be aarpeied a Uncle Jim|Mint. Drivers who celebrate too|Christmas period from 6 p.m./Bank of Canada reported Thurs- z TORONTO (CP)--A rift grew|dollars this Christmas. 1B ith silve _|well on Christmas Eve usually|today to midnight Wednesday. its. weekly financial SE ee acta haere are ttt svar dol try 1p avoid the Palice--but in|, the, same pened last year statement wider Thursday in the LaBine} He tried and tried to find/Mr, Parker said today the mint family of Gunnar Mining Ltd.|some. But the banks had none./made about 1,260,000 of them Calgary they do just the op-|the toll was 53, Chartered bank deposits in posite Some centres, such as Win-lereased $54,024,000 to $787,909,- over its proposed acquisition of} The banks tried too, but the last year and even more this McNamara Corporation. Mint at Ottawa was too busylyear. Calgary drivers who feel they|nipeg and Ottawa, are not plan-(000 and notes in circulation in- can't navigate properly can call|2!ng special campaigns this/creased $26,816,000 to $2,222,629,- Joseph LaBine, president of|this year making pennies, nick- h 5 Gunnar, is determined to see/els and dimes. esr vatkaae' like chilean i officer will|Christmas, But others, notably!000. ~ Kor'is air the citizen be gear hoe Montreal, ping ry acquisition approved. Equally] That's the sad story across , all av: @ personnel on 2 determined to. stop it is his|Canada this Christmas, as it pag Pa household hid Regi uncle Charles LaBine, a vice-|has been for most of this year. A, official in one the Otlaws president and director of Gun-/Bankers say the big shiny coln§\nank said the bank had. been nar, are sna' up as soon as the: Charles sent a letter to Gun- silted Yitrying for six months to get a Before You Buy TRY FURNITURE CENTRE (OSHAWA) LTD. 88 SIMCOE NORTH PHONE 725-9332 You'll Be Glad You Did. Saint John, N.B., are consider- ing re-introducing the service. dends. season jail for the holiday. As a result, says Magistrate E. L. Elliott, not a single case of impaired driving was heard in city courts last Christmas. OLD SAYING "To burn the candle at both ends" has been a familiar Eng- br Phrase since the 17th cen- ury. However, police in other cen- tres will not be so lenient, on the highways and plan to enforce the law strictly. The Canadian Highway Safety Council has predicted a traffic WHY NOT? A Beltone hearing aid for Xmas? » + let the WHOLE family enjoy the festive season! Visit our ground floor location at " 42 Simeoe St. N. or Call 728-0004 BELTONE Hearing Service appear. shipment of the coins and fi- nar shareholders Thursday, his} "They have become collectors second since the offer was an- items," agrees N,'A. Parker, py just yesterday, received nounced in late November, say-|------------_--_--_________ [8 mm new ones. ing that "the McNamara deal for are econ ae cep omand| "Ottawa Chief Reginald Axcell must be stopped." Stock Market ree Feagon or other," he summed up the attitude of He wrote that the offer '"'cer- said, "The more you tell people! any chiefs when he said im: tainly looks like an excellent P = they're scarce, the more they paired drivers "can expect no deal for oF dye Loses It § Zip -- -- er said the Mint has|$P¢cial consideration during about that. For no purchaser, I been kept busy making smaller|"!™istmas and New Year's. believe, negotiating at arm's} TORONTO (CP)--The stock|denomination coins this year to|wmLL, ENFORCE length, would pay $16,000,000 for|market added to Wednesday's|meet "a tremendous demand') A Cross-Canada survey by McNamara Corporation basedjadvance during light trading|--especially for one-cent coins,|The Canadian Press shows that on the information to date." |Thursday, but lost much of its} The mint felt it was more Gunnar offered to. purchase/former zip. the heavy construction firm for $16,000,000--half in cash and the|golds all showed fractionaljout silver dollars which would remainder through the issuance|gains on index. simply be picked up by collec- of 800,000 treasury shares at $10} The main list, despite its/tors. each. weak rise, was not without) "Silver dollars have never Shortly after the offer,/features. BC Power, on turn-|been used in commerce, to Charles, along with the Teck-jover topping 14,000 shares,|speak of," Mr. Parker said. Hughes Gold Mining Group, of-|climbed to a year's peak of fered to purchase 1,300,000/20% before easing to 20%, ANCIENT SCHOOL ; The Egyptian university of l-Azhar is believed to have been first established as ag against the merger or accept the|reached its best price of the|@c@demy in 989 AD. $11 offer, year--8144--but closed at 80%,/ "Sad to say," he.wrote, "'thatjup 4%. Atlas Steel gained % to my brother Gilbert, my mining|a 1962 high of 36%. partner throughout my life and) Banks strengthened as a your former president, had nojgroup, with Montreal ahead/§ voice either in the McNamara|1%, Toronto-Dominion up ,%|% negotiations, having been totally;Royal up % and Nova Scotial§ incapacitated by a stroke last/up 4. spring." ee GENERAL ELECTRIC In his letter Charles urged} Page-Hersey Tubes, eased % A FROM THE Management and Staff Bo-Peop RESTAURANT We Will Be Closed Christmas and Boxing Day > Joseph LaBine said in a fi- nancial report issued Wednes- day outlining the proposed pur- chase that his father "had signified his approval' prior to a directors' meeting Nov. 26. He also said. that Charles "voted in favor' of the pur- chase of McNamara in unanim- ity with other directors at the same meeting. CHRISTMAS TO EVERYONE PATTE'S Paint & Wallpaper 85 SIMCOE NORTH SALES & SERVICE Serving Whitby, Oshawa end surrounding cree, @ FREE PICK-UP @ FREE DELIVERY Independent Sales itby) Led, PHONE 668-2081 FEWER FARMERS Although fewer people are farming in Japan each year, the land is producing steadily increasing rice harvests. At times like this... you 'll like this be CARLING | hla ( pp Sibe f BEER a RAT Sk