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; | W. 28rd ENING of ot Mart WEST ES 111 EEN MACLEOD? PLYWOOD QUARTERS PLYWOOD two sides 6.65 8.40 10.20 seceast> 1hae .. 13.20 one side yipves) Be 6.90 8.70 10.05 11.75 se eeneee see eeene one side tee 6.80 8.55 cess Sw viseeaes Vhiee ry Grade 4.60 6.00 8.00 Skee eae eres 5 ', d Sheathing Sikes oe wae aeD 6.20 Sai ee peewee. Mi) Sheathing see eeeee eae 4.60 Seca Dae ened o. 8.35 T. & G. 8.90 e Form Ply Re A) x8 ..... 10.75 > Plywood pathing (8 ..... 3.65 Jiceacee M10 secssees BER er Pr etes es ae oe RYERSON GRAD Robert Alexander Mason, son of Mr. and Mrs. Chris- topher J. Mason, 612 Finu- cane St., Oshawa, graduated from Ryerson Polytechnical Institute in the three - year course in business adminis- tration. Mr. Mason is now with General Motors of Can- ada. Firm Quebec Stand Seen UN Resolution By Britain By JAMES NELSON OTTAWA (CP) -- The govern- ment and the Bank of Canada reacted cautiously to Britain's devaluation of the pound. The central bank raised its re- discount rate to six per cent from five, effective today, and said it would continue "'to facili- tate the provision of adquate credit to meet the needs of sound economic expansion." Finance Minister Sharp said the government will maintain the Canadian dollar at its cur- rent exchange rate, the equiva- lent of 92% cents in U.S. funds, Britain's devaluation, he said, "resulted from special circum- stances affecting that currency --the pound sterling." While Mr. Sharp said the gov- ernment does not believe deval- uating the pound will have any substantial effect on Canada's international financial position, government officials were ex- pecting some slow-down in Ca- nadian exports of manufactured goods to the United Kingdom. Canadian exports to the U.K. about double Britain's sales to Canada, Last year, exports to Britain totalled $1,131,800,000 and imports were $644,700,000. Most recent figures show that Canadian exports to Britain to- talled $679,386,000 in the first seven months of this year, and just about half of these were fabricated materials, totalling $329,169,000. EXPECT EXPORT DECLINE The highest cost to Britain of goods imported from Canada and other non-sterling areas, to- gether with the other austerity measures taken by the U.K., may put a crimp in the govern- ment's target of Canadian ex- ports totalling $11,250,000,000 this year. At the new exchange rate, in- stead of Britons having to pay six shillings and eight pence to buy $1 of Canadian goods, they will have to pay a little over seven Shillings, nine pence. Hitherto it cost Canadians about $3 to buy a pound ster- ling's worth of British goods. Now they'll be able to get the Mr. Sharp said in a statement Saturday that under the present pattern of Canada's internation- al trade and payments, the Brit- ish action "would not have a substantial effect on Canada's international financial position." Because of greatly increased exports to other countries, Can- ada's market in Britain has shrunk to about one-tenth of this country's world market. RATE APPROPRIATE Mr. Sharp also said the gov- ernment believes the present® exchange rate on the Canadian dollar, at 92% cents U.S., is "'appropriate,"' and the govern- ment "'intends to maintain this rate." The 9244-cent Canadian dollar was established in May, 1962, and is held to within one per cent of that on a pledge given by Canada as a member of the International Monetary Fund. Pegging the Canadian dollar below par with the U.S. dollar meant Canadian goods were more easily sold on foreign markets, while imports were have for years been running at same goods for about $2.57. On "Propaganda Agency" ST. JOHNS, Que. (CP) -- Pre- mier Daniel Johnson has warned that Quebec intends to be firm with Ottawa to prevent the CBC from becoming a 'propaganda agency' for the federal government. The provincial premier said Saturday at the end of a three- day caucus of the ruling Union Nationale party the federal gov- ernment's new bill on broad- casting now before Parliament borders on fascism. Mr. Johnson criticized the bill because of a section that deals with the promotion of national unity, and said his government will try to obtain control of Ra- dio-Canada, the French-lan- guage network of the CBC. There can be no definition of national unity "without the presence on an equal basis of the French element," Mr. John- son said. "'We don't think an or- ganism like the CBC should pro- mote ideas which originate from one government. This is. quite close to fascism." He said the federal govern- ment in Canada is "Liberal and English-speaking, which is still worse," adding, "would you mind censoring that please." TOYS WITH TAKEOVER The premier said he has been toying with the idea of taking control of Radio-Canada for the last eight or nine months and that the idea was taken before the caucus which supported it wholeheartedly. Mr. Johnson said his stand at the Confederation of Tomorrow conference in Toronto Noy. 26-30 will reflect constitutional views of the Quebec population--not nale party. ri Asked at his post-caucus press conference whether it would be easier to reflect Quebec opinion by inviting the official Liberal |Opposition to form part of the Quebec delegation, the premier replied: "Which wing of the Liberal [dust views of the Union Natio- | He said he did not know where Opposition Leader Jean Lesage, head of the provincial Liberal party, stands on the constitutional question. \party shall I invite?" | The premier also said that |Sidbec, the government-backed steel company, has been author- steel-making assets of Dominion Steel and Coal Corp. outside the Maritime provinces. This did 'not exclude Ontario. Asked whether Sidbec would} study the possibility of buying a| Dosco plant in Ontario, Mr. | Federation Lauds New School Plan TORONTO (CP) -- The Ontar- io Secondary School Teachers' Federation says the planned government shake-up in school boards in Ontario "reveals many things which bode well for the young people in our schools." | Premier Robarts announced in Galt last Tuesday that about 1,500 school boards will be abol- ished Jan, 1, 1969, and reduced to about 100, each of county size. Johnson said: 'This possibility | is not excluded." | [Navigation Asks Truce In UNITED NATIONS (AP) -- A British resolution seeking a Middle East settlement was given the best chance of adop- tion among three headed for a vote in the UN Security Council today. Delegates expected that the vote would come late tonight. The three resolutions all would send a UN representative to the Middle East to seek set- tlement of issues left by the Arab-Israeli war in June, in- cluding withdrawal of Israeli troops from territory they seized. But they differ over how they should work and what form the ized to negotiate for certain|settlement should take as to Is- raeli withdrawal from territory seized in the war, an end to Arab belligerency against Is- rael, the fixing of borders, free- dom for Israeli shipping through disputed waterways and solu- tion of the Arab refugee ques- tion. The Arabs consider a U.S. resolution pro-Israeli. Piloting or Celestial Write to~ The University of Tennessee CORRESPONDENCE DIVISION OF UNIVERSITY EXTENSION Knoxville, Tennessee 37916 c NAME STREET city pe goes here Chequing personalized Cheques go here | The new True way to bank Here it is! Everything you need for your combination of True Chequing and True Savings accounts in a neat complimentary wallet. Including personalized cheques, This new True way keeps your True equing account separate from True Savings. You leave enough in Chi a True Chequing Account to pa your bills. You put the rest itp 414 % True Savings. (If you already have a 3% Savings Account, you can convert it to True Savings.) See how this simplifies your money planning. Come in and ask about the new True way to bank -- and get your new True-blue wallet free. How the True way works at a glance Convenient way to pay bills. Monthly unt statements mailed to you, pro- | Mi readily vidit rd of its and rong 9 Chequing account. Free cash TRUE CHEQUING TRUE SAVINGS The Disadvantages The Disadvantages No interest. No chequing. The Advantages The Advantages your viding per ne reco! Ned heques d | withdrawals, monthly, are proof of pa yment. 4%% on minimum monthly balance. available, Free transfers to an Pe Gp: lw Bankof Montreal a Canada's First Bank Middle East The Israelis consider an In- dian-Malian-Nigerian resolution pro-Arab. The British resolution, intro-;ward by made more expensive. This Ca- the others, has hailed as "blanaced." REJECTS LATEST BID British devaluation. nadian experience of five years ago now is to be experienced by Britain. Raising the Bank of Canada rediscount rate to six per cent followed similar action in Wash- ington, where the Federal Re- serve Board put its rate up to 4% per cent from -four. These are the rates charged by the central banking authorities on short-term advances to the com- mercial banks-loans that they rarely need, The bank rate in Canada was last moved up, to five per cent from 414, in September. The rate then had become too low in relation to short-term money market rates. The bank rate is kept some- what above the short-term money market prevailing rates, so as to keep the banks from borrowing from the Bank of Canada and loaning on the com- mercial market to make money. The moves by Ottawa and Washington to raise the rates served as a signal to the finan- cial communities of both coun- tries to react cautiously to the merge the British OTTAWA CAUTIOUS ON DEVALUATION been widely|Geraldo de Carvalho Silos of Brazil. They had been trying to resolution Diplomatic sources said that|with an unpublished Argentine- at a meeting at the U.S. mission |Brazilian draft. Sunday, U.S. Ambassador thur J. Goldberg joined Caradon of Britain in rejecting) British Ar-| The informants said they be- Lord lieved Brazil would vote for the resolution, They said suggestions for changes put for-jthat if Argentina did also, it Jose|would have the nine votes nec- Ambassadors duced Thursday 12 days after'Maria Ruda of Argentina andlessary for adoption, Why settleifor humdrum driving? The same dollars buy a Wide- Track Pontiac--and what a beautiful differente! Strong, flowline styling. Witle-Track ride. Comfort that spoils you for any other 68 cars. New safety ideas. The Pontiac "extras" at no extra cost. Just look. at our look. With an all-new reinforced peripheral bumper that provides front-end protection you simply couldn't get before. And a separate centerpiece that can be inexpensively re- placed if ever necessary. Pontiac thinks of everything. Everywhere. As for the ride!! Wide-Tracking means new stability that belongs to Flontiac alone. Because Pontiac has widened its stance, Every Pontiac hes to make # TRIED TO WARN DRIVER BURLINGTON, Iowa (AP) -- Wilbur C. Knotts, 46, of Dodge- ville, tried to warn a truck driv- er that his lights were out and got a smashed headlight on his| car for his pains, Knotts told po-| lice He pulled up behind a stopped truck at a traffic light| and flicked his headlights to} bright several times to inform the truck driv@r that his lights weren't 6n, He said the truck) GARY NESBITT Representative SUN LIFE Assurance Company of Canada Oshawa Shopping Centre Phone 725-4563 | i "1 never believed my false teeth could fit so THE OSHAWA TIMES, Monday, November 20, 1967 13 driver got out of his cab car-jof the headlights on Knotts' car, rying a stool, smashed out one|then drove away. fectly. Now they do, thanks to CUSHION GRIP*." Dental discovery welcomed by thousands of false teeth wearers, who now talk, laugh out loud, eat anything they want with perfect confidence. 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