Oshawa Times (1958-), 24 Apr 1967, p. 15

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ft for Moscow and rn. Ambassador Ivan dean of the New nafic corps, was after the Svetlana tive decanter Carter Report Could Lead |Choir Members Lett Gasping To Rise In Stock Prices TORONTO (CP)-- Two finan-|for increased pay-out of earn-; Prof. cial experts say that imple-|ings. The result would be that/carter report as an impressive mentation of the proposals of) OrPorations would abandonj.... Ge sorce and said if the re- ee marginal investment opportuni- the Carter commission on taxa-|ties and increase dividends, Port is implemented it will pro-| yj TORONTO (CP) Smith described the tion would mean a rise in com-; 4 United States tax authority|vide a "fascinating experiment(for air. mon stock prices. University school of business|about switching foreign invest- rj {ment in Canada from common|Carter proposals, including the|not listed as serious. and Prot. Seymour Friedland recommended taxation of ca-| The students, pital gains, gifts and inherit-\Park Secondary school in Clark-| Police think acid fumes from|asked about prospects for the |son, were the most seriously ill the battery of the bus may/187-foot-high bubble after the of New York University's grad-|shares to bonds. uate school of business admin-| "I would say categorically, istration spoke Saturday at adon't count on it," said Dan tax seminar sponsored by the|Throop Smith, prof: jat the seminar warned financial| for economists around the} Prof. E. J. Spence of the York|analysts not to be optimistic] world. Gray ances at full and progressive of fi- personal tax rates. Police have impounded the|school the students stumbled 28 Coach bus to discover/out, some collapsing on the He criticized some of the|cause of the illness, which was|ground. Alarmed parents called|be moved to another location. from Lorne department. of 60 choir members who were THE OSHAWA TIMES, | Monday, April 24, 1967 15) For Air After Journey By Bus | Big U.S. Bubble --Fifteen|returning -- exchange cae To Remain At Expo members of a Toronto township|t0 Owen Sound. secondary school choir were) During the trip the students} \complained to the driver of} MONTREAL (CP)--R. Buck- taken to hospital Sunday after|feeling sick and being unable to)minster Fuller, architect of the a 120-mile bus trip left them|breath properly, despite all the'Geodesic Skybreak Bubble that & th sore tnroats and gasping! windows being open. |houses the United States pavi- When the bus arrived at the/lion at Expo 67, said Sunday the bubble cannot ically! Mr. Fuller made his remarks jin an interview after being) |police, ambulances and the fire have been responsible. fair is over. Toronto Society of Financial!nance at the Harvard Graduate Analysts. School of Business Administra- P: of S id shi i ti rof. Spence said share prices|tion. Bae would be significantly higher, prof, smith said that if équity because of the substantial in-jinyestment by non-residents is crease in after-tax returns tolreduced there is no assurance eo ' la i the gap will be filled by bond e after - tax yields would purchases. rise because of the integration ' A 2 of personal and corporate taxes, INVESTORS DIFFERENT the experts said. Other factors) 'Those who _buy stocks are woulde«be a potentially-massive not the same investors as the flow of insurance company and|one who buys bonds," he said. pension fund money into com-|"Foreign shareholders would mon stock and a probable in-|tend to disinvest, and there crease in the proportion of com-}would not be a commensurate pany earnings paid out in diyi-|increase in other types of in- dends. vestment." i Cart 'oyal eee atesacrve | cain ot i Coe ee ou a ee arent? encourage greater Canadian s 3 "'control of the economy by in- posh yr to see a ducing a switch of non-resident bags ey. wou { i nate iq{investment from equities to pp ye yg orl ged [Cat taxes. | Prof. Friedland said that un-| ONE OF THE BEST der the Carter commission pro-| The Neptune Theatre of Hali- posals, with dividends and ca-|fax was established in 1963 and pital gains taxed at the samejis regarded as one of the best rate, shareholders would pressiregional theatres in Canada. | Fares now. all the way to CN now stretches your dollars all the accommodation ... low fares for way to Chicago with low Red, White & Blue Fares... and with attractive CN children... big bargains for groups of ten or more adults. Go CN to Chicago-- savings like complimentary meals when for comfort and bargains! For reserva- you travel by parlor or sleeping car... extra savings when you share sleeping tions call your Authorized CN Travel Agent or CN Passenger Sales Office. Oshawa to Chicago $14.80 One way coach travel, Red "Bargain" Days. Fully Personalized Cheques with a Toronto-Dominion Personal Chequing Account MR. JOHN Pay to the order of a Ttingy DOE ( 76 ANY STREET, YOURTOWN. ONT. Has Meri GIL THE TORONTO-DOMINION BANK TORONTO DOMINION CENTER BRANCH 55 KING ST. 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