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

26 THE OSHAWA TIMES, Thuredey, April 30, 1964 associated with the Montreal tion to be drawn from the re-|be in deep balance-of-payments World's Fair. -U, «| trouble. cent Canadian-U.S, accommoda The ful ca the 'thi will : ° : The scale and character of 'i many of the 1965 projects indi-|W°™ Over the interest equaliza-|,. a oideq by a modification of roup and 0. ¢ate that substantial foreign fi-\tion tax is that the two govern-\the proposal granting the presi- . na ncing be involved, the/ments are prepared to co-oper-ident special power to exempt new Canadian issues from the af," s 6 board study says. ate closely to avoid mutual lifting, Straining On Peg 2. '2c n,.cvans ern i oa, age ae p g, in the Canadian office, reports that borrowings in the United ; ."" Ithat "the current policy seems|RELY ON U.S. CAPITAL States are no greater than are TORONTO -lada's balance of payments,|to be to work with the United) The report says the U.S. pre-inecessary to balance Canada's gin eames at tee U8. based loth: a States to insure the successful|posal for such a tax end: edi ional accounts, the National Industrial Conference| "Such an excess of riches, if/S0lution of both countries' im-|Canada because of the latter's|board says. |sustained, might force the Cana- mediate payments difficulties,|reliance on U.S. capital. An-| The exemption provision may : . : \dian government to choose be-|W hile y greet sufficient|nouncement of the tax caused a'well enable Canada to avoid any . " ss tween such difficult alternatives |flexibility fo counter subsequent|drying-up of U.S. investment in|crucial balance-of-payments dif- . he level of 92.5 cents in terms ofjas a revaluation of the Cana-| lems as and when they ar-|Canada securities and, excepi)ficulties in the short run, but : pe : : United States funds. dian dollar or a monetary pol-|tive." for the windfall of the Soviet|"what happens after that is an- r, The board says heavy capitallicy designed to bring about He suggests that the implica-|wheat order, Canada might now!other question." A 2 ee es ae ae _ -- a ote on ae , Much Below Usual Price! with a further increase in the ' merchandise trade sunplus,, However, revaluation of the would cause Canada's foreign|dollar would remove or reduce exchange réserves to rise and/one of the principal stimulants would put strong upward pres-|to industrial.growth in the last sure on the exchange rate. two years while a policy of low The board is a group of la-|interest rates might be infla- bor, business, political and edu-|tionary in a period of rapid ex- cational representatives with| pansion. Canadian headquarters in Mont- DANGER REMOTE real 5 KE The board said the likelihood The borrd, ina study of Can-/ having to make -this difficult |choice appears relatively re- S |mote at present. But several 1 '" jeconomists have predicted that a capital investment boom will 4 develop in 1965, on the basis of 1 S ump plans already announced for major projects that will cost TORONTO (CP)--The stock about $4,000,000,000. market drifted through a day of) These projects include hydro mixed. prices with golds the|developments on the Columbia major gainers and Western oils|and Peace Rivers and at Ham- the main fosers on 'index Wed-|jjton Fails in Labrador, twin- nesday. |ning of the Welland Canal, min- Dome Mines and Giant Yel-jing projects and capital works lowknife both advanced 4 to 28) and 14 respectively, pushing the! gold 'index up more than one ee tern oils, Great Plains You NEVER KNOW Ss mS, Gt s fell % to 12%, Calgary and Ed- WHAT THEY'RE DOING monton Corp. % to 22 and Union Oil % to 1434. Speculative oils generally eased. On the industrial board, In- ternational Minerals and Chemi- cal rose 234 to 7834, CPR 1% to 43, Canadian Tire A 1% to 39, MacMillan - Bloedel % to . 30 and Trans-Canada Pipe Line 56 to 38%. Among losers, Imperial Bank of Commerce declined 114 to 64, Royal Bank % to 745%, and Bank of Montreal, Toronto - Do- - minion Bank and Bell Phone 4 each, Geco Mines was down 1% to Spring is here. . . with an exciting special offer on good quality sport shirts! These handsome shirts are. from well-known manu- § facturers and are made of fine cotton or cotton blends. Choose from a wide range of smart pat- terns . . . included are neats, checks, stripes and paisleys. Collar styles are buttondown and 'perma- stay'; some tapered body fit in the group. Colours of. blue, brown, green, red and. grey in sizes small, 'medium, large and extra- large. Shop early for best selection! $3.00 off one gallon or 75¢ off one quart on the purchase of any of these 3 NEW 1-COAT INTERIOR PAINTS 1 COAT CROWN SATIN LATEX. Easy to apply, will cover any color and has. super-hiding qualities. Dries in 20 minutes. 1 COAT CROWN VELVET LO-LUSTRE ENAMEL. Has the washability of enamel plus the beauty of a flat finish. Applies smoothly without brush or roller marks. 1 COAT CROWN LUSTRE MEDIUM-LUSTRE ENAMEL. Has a porcelain like finish without too high a gloss that can be scrubbed indefinitely. Crown Diamond offers you a full range of contemporary Canadian colors in these three paints. No matter which of the three you choose you save money! Visit your Crown Diamond dealer today! Offer expires June 30, 1964, EATON Special Price, each s} 2.99 EATON'S MALL LEVEL, DEPT 228 PHONE 725-7373 34 and Hudson Bay Mining 4% to 69 while Consolidated Mining and Smelting gained % to 33% in senior base metals. The exchange Index advanced 151.06, golds 1.21 to 131.37, base oe. at THE CROWN DIAMOND PAINT COMPANY LIMITED metals fell .26 to 65.75 and West- the Pi neo REINA NCMEET SOERS ORGREERE TREIVET SIRRES NI SALA OMT RRR RNG GORNUR REO a ern Oils 1.77 te 94.53. Crown Diamond Paints Are Sold By: | : PP tp enocngedbaed bose fle ran DISCOUNT HOUSE Ernie Cay Lumber Co. Ltd., 53 Albert St., Oshawa, Ontario 725-1121 Py es Yo 7 000 Tuesday. ee Neil Hardware and Variety, 948 Simcoe St. N., Oshawa, Ontario 728-4791 SKied Coppa DRESS SHOES Exciting Styles That Spell Fashion ! Chic leather shoes with hand moulded soles . . . ; f styled for comfort and good wear. A dramatic PROFILE ' : j accent to your Spring and Summer wardrobe. ' F j Sizes 6 to 9, half--sizes included, AA and B widths, A--PROFILE--smooth calf leather with a dainty flared trim on vamp. Illusion heel. Colours of red or tan. : B--PORTRAIT--"'Mocco Croco' (simulated alli- gator) in black, brown or beige. Smart stack- ed heel about 1%" high. : C--PROMENADE--fine grain calf leather with a mid-high stacked heel. Colours of black or brown. Pair 16.95 PROMENADE a : - Now persons employed in every walk of life are making application for a Social Insurance Number! | "EATON'S MAUL LEVEL, DEPT 258 Bp OT Clas MOD aa i oa ig ge ft ae * SOCIAL NUMERO | ite co. . INSURANCE ' ASSURANCE : NUMBER Fi SOCIALE P 000-000-000 ba ~ Mome Nom j _ JOHN | SMITH hanitA... ; MI se PHONE 725-7373 Can? bd Your government is issuing Social Insurance Number Cards in place of _--_ application forms. You are asked to distribute them to your employees, : A . the unemployment insurance numbers that mostemployed people have have them completed and signed by each employee and returned : mS ol had until now. The new numbers will help government to use modern promptly together, not individually, to the local office of the Commission. office methods for greater efficiency in handling unemployment wee if you are an employer who is not registered with the Unemployment | COMBINATION OFFER! BOAT-MOTOR-TRAILER OUTFIT ance, and also other social benefits such as proposed pension plans. | For these reasons, you are invited to apply for a Social Insurance Number, even if you are not a contributor to the unemployment insur- ance plan. Here's what you do:-- Insurance Commission--please get in touch with your local Unemploy; ' ment.Insurance Commission office and inform them how many employ- BOAT MOTOR i 'TRAILER ees you have. The Unemployment Insurance Commission office will TH Mi ee See kee 25 hp. "VIKING" with electric Strong 700-Ib. A" frame construe- : : ae . i. m, le le then send you application forms for each of your employees to complete. Supplied 'with vinyl upholstered 'seats, starting. 5-gallon remote tank and tion with tipper action stability. In- steering assembly, windshield, navigation IF YOU ARE AN EMPLOYEE: Your employer will give you an application | When all forms have been completed, you. will return them to the |] lights "and deck 'hardware. Battery and hose, electric starting harness. Rub- cludes 3-to-1 gear winch, lights ond : : 7 leat : | I i . ia form for a Social Insurance Number. You can help most by completing. Unemployment Insurance Commission. Your employees' Social Insur- | -- "750 ths, DOT, potlng- 30 hin lose ber he Sairy ean Ney it promptly and accurately and returning the form to your employer." nce Number Cards will be sent to you for distribution to them. ned Rata pice, He will send it to the nearest office of the Unemployment Insurance = your government asks for your co-o die ; if 5 peration in introducing the new : 'Commission. numbers as quickly as possible. Apply for your SOCIAL INSURANCE. . po ll ge gg . i iyi NUMBER NOW. + eee lA iF YOU ARE UNEMPLOYED: If you are receiving unemployment insur- : 'ance benefit you will complete an application form for a Social Insurance EATON'S OUTDOOR SHOP, DEPT. 261 PHONE 725-7373 Number when you report to the U.I.C. in person or by mail, : ~ | Bae é UNEMPLOYMENT INSURANCE COMMISSION | .<7'tetio, | IF YOU ARE AN EMPLOYER: If you are an employer registered with the OTTAWA oe cof EATON'S TELEPHONE ORDER SERVICE OPEN DAILY iUnemploym nt Insurance Commission--you will automatically receive , Ge re 8:30 a.m. to 6 p.m. Thursday and Friday Night Until 9 '