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30 THE OSHAWA TIMES, Wednesdey, October 18, 1967 Oe eB OR OR as eM LiL iil a } SB ie | eek aS He TODAY'S STOCKS | 30s = Carter Report On Taxation, Gets Less Praise Now although one group in present-|government willing to try them ing a brief here recently came TORONTO 10:40 A.M, STOCKS Distributed by CP Torente Stock Exchange--Oct, 18 CG Invest Quotations in cents unless marked $.| © His ha 1--Odd lot, xd--Ex-dividend, xr--Ex-| €) Ind Gas rights, xw--Ex-warrents, Net change is c Ma 1 from previous board-lot closing sale. | Spr rconl CPR pr Cc Petrofin oy Cdn Tire CWN Gas Steck Chemcell Agnico | Cimco Ang U Dev Clairton Armore Cominco Arcadia Con Batur Atl C Cop } Cons Gas Corby B Couvret P Crain RL Brovl Reef Crow Nest ines Crush intl Camp Chib. | Dist! Seag 500 Dome Pete D Bridge Dofasco Dom Glass | Exquisite | Falcon Fed Grain Fleet Mig Frontier Fruehauf 110 +2 Gen Baker 4 + G Dynam | Goodyear | GL Paper Crowpat 500 84 82 | Gt W Sadle D'Eldone 4100 97 (9% 7 --2) Greyhnd Denison 334 $81% 81% 81% Guar Trst Dicknsn 700 310 305 305 --S5 Hardee Discovry 40 118 «(118 «118 Hard Crp A Donaida 100 14 «+4 (14 } Hawker $ co 7 nH 3 | Hawker pr 300 S35 535 535 | Hays Dna nd. 100 $12% 12% 12% Home A F'west T 1000 11 +11 +1 --% Home B F Mar --1 | Horne Pit Frobex | H Bay Co Giant Yk HB Oj! Gas Glenn Exp HB Oil G pr Goldrm Husky Oi! Grdroy | Husky C pr Granduc 325 600 Husky D w Green Pnt 5500 52 1 Imp or Gulf L 2500 8 | imp fob Gunnar 535 180 176 176 --4| Ind Accept High-B! 25 $12% 124 12% +4! Ind Mineri Hollinger 47 $260 = (25'4 Wia-- 2 Inglis Huds Bay 150 $6014 59% 60¥2+ %|- Inland Gas Hydra Ex 1100 16 16 16 | 1BM Int Bibis T 1500 68 62 62 -- Int Nickel Jaye Exp 3000 162 16'@ lé6l2 + Int Util Jelex m2 2 2. + Jowsey 500 8 680) | 80 Kam Kotle 1400 305 300 300 --S | Kerr Add 2637 $16' es 164+ Ba | 600 6 +1 5000 152 15 5 255 $31 31! 3i'e 2110 $114 1) Nv 1750 324 32 324 + Yh 110 324 374 32% | 125 835 835 835 +10 | rio 91 " % | 135 135 +8] 44 4A 728 4A | --- 4 4 + ¢ | jaybrun + Me intyre 107 8774 Th TA a re McWat 500 44 tip ine Loeb M MB Ltd Magna El M Lf Gard M Lf Mills Markboro Mass-Fer Met Stores MPG Inv MPG inv w Molson A V Jefferson gel Jettersn Lakehead 1000 325 5 1000 17% 17% 17% 3000-10 7 Nat Hees Nat Hees p Noranda Nor Ctl G NCG B 2p Ocean Cm Oshawa A Overind pr Pac Pete Pembina Pembina p Phillips Ch Pow Corp Price Com ON Gas 5828 $12 11% 12+ V4 14 06+4 Rank Org 3585 Rapid Grp Revelstk Revenue Rothman Royal Bnk StL Cem A Alg r 4237 0 87 8&7 Rix Afheb 1000 214 21'% 21'4+ 'n 601 827% 274 274 -- 4 Ta Th Th Scot York Sheil Inv p Shell Inv w Shopper Ct Simpsons Simpson & SKD Mig i Silvrfids Slater SH Silvmq Tancord p Texaco Torment + dd Towag 1000 16 LL ahaa U Asbestos Trader 46.0 U_ Buffadn i 6 15400 14) OILS, GAS Yukon © Alminex W Cdn Seed 535 +10 W Pacific 2 2 --1 | Weston A 380 $42)2 42% 422 { Weston B 1185 $194 19% 19% + Ye Wstn épr 200 140 140 140 +2) White Pas 185 185 5 | Woodwd A 540 550 +10 York Lam B French Pt ) Gt COilsds Int Helium Mill City Sales to Cochenour cknsr Langis Yk Bear Profi a50 300 295 » | Erroneous Abitib! 5955 $B% Acklands 150 $1158 Alta Gas T 395 $32% 125 $7' 233) $21% 1511 $27% 120 $35% 355 25 INDUSTRIALS | was order Justice W. 300 100 100 845 300 $347" 341 2 7 200 : 75 percent 2170 J " The On judge's decision follows a court action be Brazilian Brdg Tank Br Am Bnk BA Oi! $3672 U% BC Forest $20 2» BC Sugar u $40 Br Inti Fin } no Burns Fads 5 $15 2 | Shops Inc. "control of 2 company. $2434 94 243k + " 4 $192 19% 194+ % 11-15 millio ZH $24 2a Wir $10°% 10% 10% -- 1 $292 Wa 2914 Shops Inc. $75@ 7% Ta-- $18 a share for 475,000 shares. 164 360 Stock Sales High Low a.m. Ch'ge) 25 $29% 22 2°'2--%) maintaining a careful silence, 300 $0% 9% | : 52 $70 70 70 --%% n ] 885 $3154 31% 31a + Ma Oo 6 2200 $20 2 '* quence of inexperience and lack $895 Side 14 14 -- ve VOlve a massive swindle," he | 220 $17% 17% 17% = Ape w bed me en ee Salada 1150 $105e 10% 1088 Tor Dm Bk 1977 $12 12% 11 a.m.: 706,000. FOREIGN TRADING 750 : by 250 percent from 1960, when th TYE St 13% joe i they had actually increased only ready established almost 30,000/ Ltd. and Fanny Farmer Candy! § Salada is offering $18.12 for|Canadian producers and manu- 312 - 575,000 shares of Laura Secord's| facturers. ' oe while. Fanny Farmer cn" ==1 "<d sulin. Po, al No Conflict Of Interest [-- Seen In British Role WANTED TORONTO (CP)--There is. no|nomic improvements next: year conflict of interest in Britain|in their country's balance of joining the European Common payments problems, with a )os- INESS SPOTLIGHT 10:40 Net | 25 $56% Me i ath 1485 $62) a 14a + Me 160 $3) 30% 3) % 275 $i7% I7'a 17% 225 $9 9 9 By DENNIS ORCHARD | OTTAWA (CP)--Predictably, on for size, at least at the - 334 332 Bae? bbe : ; - eg i se ow Se the Carter report on taxation|away with the impression that! white-paper sfage? 75 $5% Ste St 1130 $274 27% 27%-- 98/12. heen enjoying less praise|Ottawa will pigeonhole Carter during more vitriol with|and settle for a patching-up Of/rector of the Canadian Tax |Foundation and perhaps one of, Presuming that Ottawa could|the more dispassionate experts Proponents delivered th eir,make the Carter reforms practi-|tg make an assessment, has 225 $2934 292 2945 -- 3s 955 $20% 19% 20% + and en 31S $31% 31% 31% + } 4 5M Slam a gat ain February. 21% 21% rhage 7 a8 384+ % Support early. Critics stayed on/cal from 59% 60'4+1 \to wage their battle and get a oer : ate tis Gab port would become, ' Stig Ni 2a + y much attention as possible. 94 9M As Finance Minister Sharp sense, a political question. TEST CONCEPTS In the last analysis, would its * 7G Hai y put it in April: : 2)% 2i4%8--'\4 'Those with particular inter- %'3 26'2-- '* ests may speak out while no one; a ™ general interest." |unit, z't, STUDY REPORT necessary government silence|nity, pending study of the reasoning and recommendations of the * + 41 royal. commission. The government has been an- * xious to lay down its white '2 paper on tax reform soon to| (AO avoid as far as possible the} 1072 $22' 22 22 * | 225 $2458 24% 2456 hardening of opinion for and/ 100 350 345 345 --S against Carter proposals. | ee ee The finance minister's origi-| 365 $5278 52!a 5 nal ambitious deadline for a) . oll ie deat '* white paper before Christmas| : --% has been officially extended one month and is expected to slip} -- %/ even further off the mark. | The consequence of the harsh| t+ + % and consistent attacks on the re-| port has been doubt that it will "4 ym Survive. t {f SALVAGE OPERATION | The question being asked is| _s, not whether the report will be; & ,. implemented without change, if E *yo indeed this was ever a realistic] & expectation. The question is how) | Bre Eg ('much of the report will be sal-| 5 100 $514. 51% vaged at all. | ' F 220 $13 1970 $21 250 $14 300 $12 120 $10 300 480 475 475 295 $58 SA 440 $14%4 14% 143 Such a grave assessment 200 365 3 ' 200 $16 seems to underrate the report's --10 compelling 'logic. It may also 250 $24% 24% discount the ability of the gov- 200 $124 124 24--w'iernmen t's own experts to 20 en iy wa "achieve the Carter goal of eq- 230 $14% 14% 14% uity while' softening such wide-| -- | ly-criticized features as inclu-| |sion of gifts and inheritances in| the tax base. | The government itself is -v 100 475 475 475 $00 170 170 170 | 720 $20 2% 2 5% 200 275 270 270 100 be bat Sia ae 2 | Be 28% | 18 Trends Seen A eee ea} MONTREAL (CP)--Current 100 $10% 1 vy inflationary trends are a conse- 700 $165 $25 $482 484 48'2 Z5 $62'4 62% 62% 370 «$9 766 $10% 253 4 9 te of foresight, says Neil J. Me- Kinnon, chairman of the Impe- rial Bank of Canada. "Government deficit spending "combined with a permissive monetary policy that allows , continuous inflation really in- oan 24% 25 old a conference of the Finan- '* 24 w,-- 1 \Cial Executives Institute Tues- "day. It was a "swindle perpetrated |on the great majority of the po- pulace who are least able (to -- protect themselves against the| consequences."' | "| "Masses of people by failure, &: * of principle and absence of re-| solve in government allow| | 00 2s, 5 25 ~§ \themselves to be cheated of ~ x Much of their earnings and of 50 $74 74 a+ their savings," i ay caie aie M Mr. McKinnon said the public 250 $7!-- 7 "understands perfectly well * what happens to grocery bills rents and the price of houses."" Inflation, the fall in value of s'2--'e money, "always stems from 4 continuous governmental defi- vei cits, especially those in time of ° high employment, accompanied -- » by an increase of money, supply * 4 which tends to monetize at least! part of the deficits." | 950 $7% 7% i De He noted inflation has caused 100 20) 900 33 * the Canadian dollar to Jose one- 250 40 340 third of its purchasing power Be re _ y, Since 1949. In recent years, the 325 } 1 1 | loss has exceeded three per cent annually, "twicé as much as the 'Economie Council of Canada 5 | considered tolerable a few years | ago t. Mr. McKinnon warned that "persistent inflation has led to Serious social unrest and changes in form of govern- ment." "Nowadays, economists and| | the public at Jarge seem to ac- ; cept mild inflation as a more or jless enduring condition,' he |said. "Many governments seem to 'accept this as the price to iY 500 40 5600 2875 t Report 4 40 +1 285 287 13 . TORONTO (CP) -- A mistake| 22. for full employment." li + % in the reported profit growth of! Laura Secord Candy Shops Ltd. Continuing ed corrected by Mr. & A. Donohue Tuesday. V ] S 25 50 The error, in a letter to seh a ue een 2 43, 43, holders Sept. 30, reported the; MONTREAL (CP)--The value) , } company's profits had increased of the Expo International Trade| Centre can be judged only in| he long term although it has al-| 2 business contracts, says Keith! tario Supreme Court Hillyer, head of the centre's business promotion section. "The contacts which made the relationships established will be of continuing value," he said in an interview Tuesday. Most of the contacts were be- tween foreign executives and tween Salada Foods of Massachusetts, for the Canadian candy n outstanding shares,' Mr. Hillyer said many of the Candy foreign businessmen have not has said it will pay yet returned to their own coun- tries, and lengthy negotiations +4 | The Salada offer expires Oct. will have to be completed 'ed 60 "4 6% -- '4 90 and the Fanny Farmer offer fore dollar values of the ITC in- te « @ --1)Oct 2, troductions are {! each. month since its publication|the existing tax system. 4 speaks out in support of the!pase, taxing the family as and integrating corporate fore they become law? land personal income taxes--go ' ienti im id i ris he,down with the business commu-| result for t e conscien ous, * This, he said, is a risk of the) the public, and provincial a ginative, $3,500,000 Carter'on ts wall surrounding the pull|ing at 4.93 per cent and the 182- governments? Is_ the federal royal commission. Ronald Robertson, former di- an administrative| written in the Canadian Tax the fate of the re-| Journal that these concepts have certain inevitability about lthem--for Canada countries as well. abate, with decades to pass be- It would seem a disappointing and other But has the report served only | concepts--a comprehensive tax to introduce them to public de-jwatched, Sgt. Donald J. Red- Sub-Agents For (anada Savings Bonds 1967.- 68 SERIES Market while it still belongs to'sible easing of restrictions the Commonwealth, the|which could bolster employment Canada-United Kingdom Com-jand increase the flow of invest- mittee said Tuesday. ment capital to Canada. eS The committee is jointly sup-| Canadian officials said British |ported by the Canadian Cham-|trade with Canada would be in- er of Commerce and various|creased by meeting demands in business organizations in Brit-/terms of products, styling, de- ain. It held a two-day closed'liveries and after-sales service. meeting in Toronto to consider| BONDS Canada-British trade and eco- nomic relations. ' "It was felt that Britain's fue) TORONTO (CP)--The Cana jture expansion must lie in the dian bond market decreased \%4 | fields of advanced technology|to % of a point in quiet trading her pea nice would therefore) today. |Wish to have access to' the ad-| 'The short-term government of ie tat ee, of the West," Canada bonds dropped 5 cents jets Jolt statement said. jwith the 5%4-per-cent Dec. 15, | The statement said British 1969, issue closing at 99 bid and | spokesmen foresee some eco-|99.10 asked. | The long-term Canada and | GORED TO DEATH jprovincial bonds were off with | MADRID (AP) -- While his|the 414-per-cent Sept. 1, 1983, wife and six of his nine children! issue closing at 79 bid and 79.25) asked. jman, 46, toppled into the pen of} Day-to-day money traded at ja bull ring Sunday and an/4% per cent. jenraged bull gored him to} Treasury bills remained con- |death. Redman had been sitting) stant with the 91-day bills clos- If you are interested in earning extra money over the next two months, fill out the coupon below and mail to Paul P, Nolan, Gairdner and Co. Ltd., 320 Bay Street, Toronto. EMpire 6-6833. 1 am interested in acting os a sub-agent for the 1967-68 Caneda Savings Bond campaign: Name ..ccccccccscccvcsoscssvors Address sessevesroressensereessene? Telephone No. 'pen. 'day bills at 5.13. STAFFORD -- Apple OF Strowberry Rhubarb PIE FILLING STAFFORD -- Cherry OF Biveborry PIE FILLING CLARK'S FANCY -- 9 Varieties SOUPS NABOB COFFEE CHICKEN OR FISH SHAKE N' BAKE 2 QUICK OATS MIXED ROLLS MOCHA SQUARE .45¢ IGA WHITE OVEN FRESH BREAD 24 02 ¢ LOAVES GRANU MAKE THE MEAL! CANADA Ro. 1 GRADE PG. t. POTATOES 19 B.C. Red Delicions -- Canada Fancy Grade APPLES California Flame Tokay -- Produce of U.S.A. RAPES 2»3% lcoburg -- Produce of U.S.A, Canada fle. 1 Grade LETTUCE =~ 25 ORANGES =~. 59: Shop For Value at Any of These Convenient Locations Lansdowne IGA Dyl's IGA 166 Adelaide Ave. E., Oshawe Bilsky's IGA 120 Wilson Rd. $., Oshowe Jubilee IGA 118 Simcoe St. S., Oshawe Lansdowne Cubert SUGAR Gz 49 | Braemor IGA Stevenson Rd. N. et Annapolis College Hill BLACK DIAMOND ENGLISH CHESHIRE BLUE BONNET -- COLOURED MARGARINE KRAFT -- CRACKER BARREL COLOURED MED. CHEESE 40 FATHOM COD FILLETS <2 FRASERVALE MIXED VEGETABLES + == Regular, Egg, Dey or Crome Rinse STAVE TOOTHPASTE OC. me ta, GE RESERVE THE RIGHT To LoaT QUANTITIES Ae 63" Ge | ajc Th Bie ef fF xz LIBBY'S DEEP BROWN BEANS WITH PORK au 4 Q. da FRESH! | CHICKEN CUT ] LICORICE ALLSORTS Legs STEAKETTES 1 59¢ | SWORD BLADES ht" PORK LIVER .35¢. FISH CAKES eh GOOSE BERRIES " 39¢ 'é ae : Vas Pak Both r cs wei os HUNT'S PARAMOUNT TOMATO CATSUP LATED BROAD penES % J9C chkaoTs" 290-4. THIS WEEK'S STEMWARE OFFER CHAMPAGNE GLASS ony DOC aise PATTERN ENGLISH STEMWARE BOYS' OR GIRLS' ACRYLIC SWEATERS 91 NON-FOOD. DEPARTMENT Assorted colours end sizes. Available et most IGA Stores Shopping Centre t., Oshawa Z\L-- ii MUGGS AND SKEETER