Oshawa Times (1958-), 1 Apr 1964, p. 20

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re a hall ie a ele el 20 _THtoeHawa TIMES, Wednesday, Aprit 1, 1964 On oe tian aed U.S. Studies Means To Fight Canada's Car Parts Plan PP a one gal -- Sen- F uar ymington has | called on the U.S. government > to take urgent boy oa to coun- tion of a U.S: duty. against im- gutomoble parts made Such a duty could be applied department con- that imports have been public "bounty" or "mibsidy" in the home country. tment has been con- for some months 'euch a duty could be led in the Canadian case, 4n official said the legal as- pects are still under study by departmental lawyers. Meanwhile, U.S. automobile parts manufacturers and whole- salers have organized a joint committee headed by Jack Whitaker, president of Whitaker Cable Corporation of North Kan- sas City, Mo., to combat the im- pact of the Canadian program. WROTE TO PRESIDENT Correspondence disclosed in the Seinate Tuesday by Syming- ton-shows that Whitaker wrote President Johnson March 6 ex- pressing puzzlement that a gov- ernment which declares war on poverty, reduces taxes and fights unemployment does not defend U.S. manufacturers "against subsidied foreign competition." Under the Canadian plan, au- tomobile and parts manufactur- ers are encouraged to expand home production through a tar- iff rebate on imports equivalent to the rise in exports of ve- hicles and. parts, The Canadian government has taken the posi- NET EARNINGS By THE CANADIAN PRESS Calgary and Edmonton Corp. Ltd., year ended Dec. 31: 1963, , 41 cents a share; 1962, $986 $2,080,367, 84 Canada . Ltd, . t 1963, $1,- 035,804, $1.20 a share; 1962, $1,- 863, $1.58. Greyhound Lines of Canada Wd, year ended Dec. 31: 1963, $1,854,244. 81 cents a share; 1962, $1,485,011, 65 cents. (Stock was split two-for-one in 1963.) Standard Structural Stee! Ltd., year ended Dec. 31: 1963, $1.42 a share; 1962, . Ltd. $607.000 fr Lid, ; 1963, $196,812; My iy Ltd., year ended Jan, 31: 1964, net loss, $333,310; 1968, net loss, $258,679. Canadian Breweries Ltd., three months ended Jan. 31: 1064, $3,009,705, 11 cents share; 1963, $2,686,639, 11 cents. (Per share earnings unchanged Because of higher preference share dividends.) | Maple Leaf Mills Ltd., six/ months ended Jan. 31: 1964, $1,- 800,006, 99 cents a share; 1963, $005,440, 55 cents. Donohue Brothers Lid., year ended Dec. 31: 1963, $1,431,088, $2.30 a share; 1962, $1;445,630, 92.41. 1962, BUYS RIGHTS | Columbia Pictures has ac-| quired the screen rights to the Broadway hit Dylan, which) stares Alec Guiness and Cana-| dian Kate Reid. < tion that this is not a subsidy plan and 'is entirely within the spirit of the General Agreement on Tariffs and Trade. Symington told the Senate that Missouri is already feeling year) 31: 1963, $492,000; | year ended| the impact of this rebate offer, "even though the scheme is so \new, its imypact has hardly be- }gun." Whitaker said U.S. automobile |f |manufacturers operating in Canada like the plan since they can obtain lower-priced parts in Canada and thereby increase itheir profits. But many U.S. Monks' Bread- Now Available In Canada! 12 GREAT Stafford's PIE FILLINGS e Apple « Peach e Raisin e Raspberry e Blueberry « Mince meat e Pineapple e Cherry « Boysenberry « Strawberry e Pumpkin « Strawberry and Rhubarb Make a fast, extra tasty, family dessert from one of Stafford's 12 quality pie fillings tonight. It's easy to treat your family to their favourite pie, the quality, Stafford's way. Pie fillings are just one of Stafford's many fine products at your favourite store. Try them all, parts manufacturers are being forced to curtail or halt produc- tion altogether. ASKED FOR DUTY Symington said Whitaker asked the treasury to impose a countervailing duty against Ca- nadian parts and vehicles but he failed "to get any action of any kind whatever." Symington said urgent action will be needed by the proper U.S. government officials '"'un- less we want to resign ourselves' to the loss of some 60,000 jobs to Canada in this one industry." The subject is likely to come up at the next meeting of the Canada-U.S. cabinet committee on trade and economic matters to be held in Ottawa in April. Commerce Secretary Luther net loss in its railway opera- tions of $341,000 in February, compared with a loss of $3,- 757,000 in February, 1963. Revenues were $60,116,000 ard expenses $60,457,000. In Febru- ary last year revenues were $54,448,000 and expenses $58,- 205,000. Net loss for the first two months of this year was $78,- 000 compared to. $6,968,000 in January and February of 1963. Dag ag ag TRE RI BUSINESS SPOTLIGHT FORT NELSON, B.C. (CP)-- Rapid expansion in oil explora- tion and mining operations in the north has created a large- sized demand for telephone ser- vice, Hard - pressed to keep pace with the growth in northern B.C, and beyond, Canadian National Telecommunications has opened Hodges was highly critical of the Canadian plan when he first heard of it last fall but in more recent months he has expressed the view that the U.S, adminis- tration may take no counter-ac- tion. His view was--expressed, however, before U.S. parts man- ufacturers and whalesal- ers joined to campaign against the Canadian measure. a $150,000 telephone exchange--| the third in 16 years--in this bustling boom town of 400. Thee xchange uses microwave to connect with Grande Prairie, Alta., and the Alberta Govern- ment Telephones system' which provides connections with the rest of the world. From this base on the Alaska Highway, 400 miles northwest of Edmonton, the system provides at nai OPE Oil Triggers Phone Boom radio-telephone service to re- mote mining and oil camps. SERVICE PROVIDED Along the 1,200-mile Canadian section of the Alaska Highway, CNT has radio transmitters every 100, miles to provide mo. bile telephone service for oil ex- plorers, contractors, utili- ties personnel and others who travel through the northern wil- derness, This is only one of the CNT's |telephone links between northern communities the world. This week, long distance com- munications were opened to Fort Simpson on the MacKenzie River, 600 miles northwest of Edmonton. - It is the first link in a ge to connect Hay River, N.W.T. SPARE Se gin Rit RR tong with the remote MacKenzie River communities as far north as Inuvik and Aklavik, inside the Arctic Circle, 600 miles farther north than Fort Simpson. Hay River has telephone connections with the south and is 200 miles east of Fort oe A pole line, along the 1,200- mile route in the MacKenzie River valley, is scheduled to be completed by 1965, A right-of- way, chopped out in tempera- tures ranging to 62 degrees be- low zero, was to be completed this week, five months after the clearing project started. Earlier this year, a $60,000 telephone exchange was opened at Watson Lake, Y.T., about 200 miles west of Fort Nelson halfway to Whitehorse. At White- horse, the largest CNT commu- nication nerve centre is sched- uled to open in Auust to chan- nel calls into Alaska. STARS IN SERIES Alan Young, star of Mister Ed on TV, was p; for his first professional /appearance, a monologue before the Caledon- ian Society of Vancouver. wench Pkg ire gl On Market TORONTO (OP) -- The indus- trial board showed continued strength although banks slipped back in heavy trading. on the. stock market Tuesday. Integrated oils were up, Im- perial % to 48% and BA Oil % to 31, and steels ad- vanced with . ahead 4 to 59% and Dominion Steel and and|Coal % to 14%. Among chartered banks, Montreal fell.% @ 61, Royal % to 72 and Nova Scotia and Imperial Bank of Commerce 4 each to 67% and 60% bucked the trend with a gain of % to 61%. ' Elsewhere on the board, advanced 144 to 391% and Alum- inium 5 to 33%. THURSDAY FRIDAY TILL APRIL LIVING ROOM »", | | Save $14.00 - Solid maple wagon. wheel heavy turned posts. Superior finish in worm nutmeg color--you get 2 beds; 2 slot springs; 2 ploid spring tresses; guord rail ond lodder. 3.4-5-drawer chests; single, double and triple dressers available at similar savings. 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Enjoy Better Sleep NOW--Convenient Budget Terms Arranged Our Best Bunk 228124 filled. mat- Mer ia READY-MADE DRAPES HUNDREDS OF NEW SPRING PATTERNS 2-3-4 and 5 widths FROM 9.50 FREE Whil a tad a tively. Toronto - Dominion)' USAT SS ieee Wie ci Ye Heavy Trading|, % and International Nickel % to 814% among senior meta's. Dome Mines declined % to 28% 81% 'among senior metals. lead speculative actives, Consol- idated Marbenor jumped 41 cents to $2.20 and apa fell PARKING WE INVITE CHARGE ACCOUNTS It's hord to beot Acrilon for wear ond soil resistonce. Easiest of all corpets to care for--- mothproof--non-allergenic----mildew proof. 8 Decorator shodes . . wall. . room sizes or wall-to- Come in or call 725-6559 for "Shop- at-Home" service and free estimate. . $10.07 3-Piece Crib Outfit Decorated enomel or natural finish crib with drop sides; 4-position spring; vinyl covered spring filled mettress ond bumper SAVE 26.00! ALL 8 PIECES FINE WALNUT 39.88 pod. FREE -- STORAGE 279-00 Magnificent scandinavian off-the-floor design . expertly crafted in. hand rubbed walnut -- you get large double dresser; framed plate mirror; chest; panel bed plus quilt top innerspring mattress; mat ching box spring and 2 pillows. 725-6559 154-156 SIMCOEST.S. §

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