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22 THE OSHAWA TIMES, Tuesday, December 19, 1967 QUR ECONOMY "oe naaeeseekeneesaseenna: : GR Ge HH Ew WE Pete itt EE Let a t T | f - "+ -- -- ja ' + = } 2 OB aw ul 5 ho aa BRE 6 | 5 Bo al re wl rw a es i | i t be od I a i il Lt TODAY'S STOCKS | sosiness spoTucut few conditions." HELPS BUSINESSES The IDB, set up in 1944, is a subsidiary of The Bank of Can- ada and makes loans to new or existing businesses when money the Commons that the federal government would join 20 com- panies in a_ three-year, $20,- 000,000 oil exploration program " in the Arctic Archipelago 1» That's a lot of money to pour the business soundly. POTENTIAL STUDIED into a northern exploration pro- f hs is not available from other lend- gram, but the participants feel «p< business has the potential is worth the risk si , potential. The IDB's statement of ac- C. R. T. Bingley also believes northern development, despite its hazards, is worth the invest- » ment As manager of the Edmonton branch of the Industrial Devel- * opment Bank, Mr. Bingley deals * with businessmen in Northern Alberta and the Northwest Ter counts for fiscal 1967 shows 21 N.W.T. businesses had $968,000 in outstanding loans at Sept. 30, compared with 34 loans worth $2,879,000 since Nov, 1, 1944. Av- erage amount of each new loan was $8,000 in 1967 and 1966 com pared with $3,000 in 1965 and 1964, Interest rates on new loans shot in the arm and can ac profits,' Mr, Bingley said. capital" to offer. Mr. money backed only 393 $80% 80% ADs 300 340 340 340 * one that goes to our offices else- nesses that make most of their : e oo BUSINESS BRIEFS When the accent is on relaxation, and the feeling is crisp and clear. - When a glass is raised for a toast of friendship. Then is the time for London Club. Dry as can be. Light as a dream. Treat yourself to Melchers' London Club. Canada's London Dry Gin. 66 160. 14 Primary Distribution | Distribution of Treasury Sharet o Stock Exchange has been} ng companies! ting and op:| ay result in sompanies be currently through | the Exchange | no 18 f 8 the to _ INDUSTRIALS Uneven Distribution Seen Housing Shortage Cause ions drawn from statistics can|cities which is increasing year- be comfortably misleading. For|ly, In part it is encouraged haps a dozen model satellite common 17 cents, Jan. 15, rec- satisfy officials they will be ablelians would not be under pres- to repay the debt and manage|sure to build more and more ed chiefly because of a basic Another factor is that the IDB | 990,000 new dwelling units ajalone, they were told, was not! must be reasonably satisfied the year, And federal - provincial/the answer. The first problem increased profit conferences such as the one that'to be tackled is planning for "Sometimes a loan is like &! would be necessary. tually increase a businessman's case. Not only is there very un- BIG The IDB does not have "risk\income but about 50,000 dwel-/Toronto and Montreal in Bingley said a person! replaced every cannot expect the bank to lend'tgin decent standards. by the bor- rower's faith in his idea. He which is probably second only lion. "The amount we will lend de-/poth in adequacy and quality. live in Montreal, but not alto-/Nearly half of it has been built Vancouver. Each application is treated on In the past 12 years, for rough- ritories. follow closely the general cur- a{so must put up money "We don't believe northern rent level in the country : i borrowers provide a greater 'We can make loans to al- pends somewhat _ risk than anyone else in Can- most any type of business, ex- gether, on the amount the busi ada," he said isting or new," Mr. Bingley nessman himself has invested.|ter is more tha "4 Joan application from a said ; northern businessman is given Among the exceptions are its own merits."* the same consideration as any- daily newspapers and __ busi- ~ | National ded, sisted by federal funds. OVERCROWDING tions, room and not always solely forjefficient use three or four times lack of money. a house with one or more other d families privacy. More than 12 per cent it is doubtful if the provincial of 'all Toronto families do not demands would have been sat- ! *\ dation, Last week's conference fail- | DIVIDENDS By THE CANADIAN PRESS Alberta Gas Trunk Line Com- pany Ltd., common 33 cents; 434-per-cent, series C pref. 1.19; both Feb. 15, record Feb. 1. IP of 1-per-cent plus 14 second Each would have properly ap-| pref. shares of a par value of 1 portioned open space or park cent each, Jan. 15, record Jan. Anglo-Canadian Anthes Imperial Lid., class A Inland Natural Gas Company Jan. 15, record Dec. 31. Scottish and' York Holdings serious Lid., common 5 cents, Jan. 15, 'record Dec. 28. Pulp and aper Mills Ltd., common 18 cents, Jan. 8, record Dec. 22; |28% cents pref., Feb. 1, record OTTAWA -- General resus oa gi of the trek to ibe next year, ina pilot pro- Jan. 8. | ject which would provide per- = TORONTO 10:40 A.M, STOCKS 10:40 Net Distributed by CP Stock Sales High Low a.m. Ch'ge Toronto Stock Exchange--Dec. : RC pone ; 5 Seva + example, Canada has 30 mil-|by the fact that people like to.communities on the fringes of ord Jan. 4; class B,common 5-10 2-000 lol, cid iPcodividend ax Ex be Mia 94 or eri l eve Op! I le] ) lion rooms spread over its stock'be where they can find action. the bigger complexes. rights, xw--Exwarrants. Net change is) Bruck 7. + Va of five amd a half million dwel- But city living, particularly in ba ach ts ao dl pelts cage cntaauss Be Hibs lings. With a population of some-|the larger centres, is more prof- MINES co Ya bed thing more than 20 million thisjitable even with higher living : ' Se i ied ort 1g nves I I 1e1 ] would mean that with even dis-|costs. If you live in Canada's !and, transportation corridors to FES cs Wien nae Posh can Malt + 2 ° tribution every Canadian man,jlargest cities and have a job)provide the quickest access to Ltd., 5-per-cent pref. 25 cents, ' 2 Poy te ; : oman and child would have|the chances are that you will ity Ei hentcag 4 ype Ae ae aye al ee ba § By DON HARVEY where in the country. Like loan|money selling alcoholic bever-\a room and a half to live in lbe earning 20 per cent Nanntel oe parent city. The lengthen Agra inv 0. 8 GG Con Brew 4 -'* EDMONTON (CP) -- North applicants elsewhere, northern ages, Canada would be far ahead|than if you lived in a city withing time an Babich: -- rom nay ec gd ' 4, ern Development Minister businessmen must satisfy us Of Northerners face a universaljof any country in the world inja population of 10,000 to 30,|2° ' ne cone +10 Laing announced last week in their need for a loan and meet a bank requirement: they must providing living space. Canad- 000. |problem. nae dwelling units. The Economic) difference in approach. The pro- Council would be estimating vinces sought more. money to that by 1970 Canada would need|build more houses. But money) collapsed last week in Ottawa'the spread of big metropolitan areas. CITIES BIGGER The combined population of 1966 should be wrecked and| Passed the' four and a_ half, year to main- million mark. The Economic j Council tells us that by 1980 it stock Will be more than seven mil- Nearly one - third of the Canadian population: will Toronto and But, of course, it is not the even distribution by area and lings Canada has a_ housing to that of the United States entire Another third of the popula- tion will be spread over 26 ur- ban centres with Winnipeg, Ot- tawa, Edmonton, Calgary, Ham- ilton and Quebec absorbing one- half of it. The other 20 centres, | such cities as Sudbury, Fort William, Port Arthur and Sar- nia will also have problems, At least 500,000 acres of new Yet thousands. of Canadians;land will be needed to take care) in overcrowded condi- of this expansion but unless whole families in one there is proper planning for its since 1945 and only one - quar- 50 years old. ly during the life of the latest Housing Act nearly two million units have been ad- 40 per cent of them as- share'this acreage will be needed. Even if the Ottawa coffers with no opportunity for had not been so. nearly empty Others ive in self-contained accommo-|isfied. The basic Ottawa ap- Brewers Retail Stores OSHAWA Will Operate On Special Hours of Sale the week of December 18th Check with your local store for times ALL STORES WILL BE OPEN AT 10 A.M. ON FRI. DEC. 22ND AND SAT. DEC. 23RD CLOSED DECEMBER 25TH AND 26TH AS WELL AS JANUARY 1ST bOg Brewers Retail Operated by Brewers Warehousing Co. Ltd. proach is planning. It is ready This doubling up is a char-!to help the provinces, though! look Here. . . YOUR NAME'S -- THE GAME For The Best In Service - Products - Prices! RUSSELL'S TEXACO featuring e@ Allen tronic Tune-ups for Fall @ Firestone @ Good- yeor Tires OSHAWA TOWING go: park so oshawa 728-7711 R Young, 39 McLaughlin DODD & SOUTER Decor Centre @ CUSTOM DRAPERIES PAINTING and DECORATING CONTRACTORS 107 BYRON S., WHITBY @ BROADLOOM "i LOOK YOUR BEST In Freshly RY CLEANED To many Park Whitby Cleaners Ltd. 150 COLBORNE E. 668-2345 Ajax Cleaners 72 HARWOOD £ 942-0310 728-3293 288 BLOOR W. people .. Serviceman" in his own business (Corner of Bloor and Bob would be pleased to serve his many friends and former eustomers, "BOB" GIBBONS ESSO SERVICE Henry Kraan, 406 Jarvis UNDER NEW MANAGEMENT . Bob Gibbons ie "Mr, when it comes to cars. Now REUPHOLSTER . . for that "LIKE NEW" fook 102 King St. W. REASONABLE PRICES. Bowmanville UPHOLSTERING SPECIALISTS AT % Furniture Refinishing & Restoring % Custom Built Furniture. Darlington Upholstery 623-7341 166 KING E. A Really Good Place To Buy A Finer Used Car BOWMANVILLE, ONT. 623-3396 FREE DINNER If you find your name in this advertisement, bring it in to the Rib Room ond receive one poper WIN LP RECORDS FREE! Each week names of local persons will appear in these odver- tisements, If you find your name, cut out the od... it into the Oshawa Times, except for the Genosha Hotel winner. Winners must claim their prizes one week from the issue of bring Dinner Free. Compliments of the GENOSHA HOTEL 70 King St. E. James Northey, When You're On The Move Call HEARD'S TAXI and CARTAGE 124 Brock St. N., WHITBY -- 668-3732 Radio Equipped For Your Convenience Townline N New Location 506 Simcoe St. S. Oshawa 728-7585 W. FRANK REAL ESTATE also 21 King W. Bowmanville . 100% PROTECTION IN ALL 22 CRITICAL RUST AREAS we poor mest mst PANELS ot vont was ugee wesi08 Tan LoMT wris 15108 QUARTER PANELS SIDE BOG LIGS \ owsior \ i \ ROCKER PANELS WNHDE FINDER WELLS AUTO TRUCK 660 DRAKE ST., OSHAWA World's Largest Rustproofing Specialists Ziebart. RUSTPROOFING _ 576-0810 Levy A pr She vw 565 Siéan 1658 16%" rs Ss Levy B pr Shell Ca' 1597 $33% 338 334--'* By THE CANADIAN-PRESS Lob Co pr p Save 100 $llsn '114-- 1158+ Ye rae ys cir lar Sie 9 Bnei WORK STOPPAGES DOWN Magna El s Slater Stl » The country's 71 work stopp-),. M Lt Gard 4 Steel Can * = _97 vif s Z fiends Sistibe A ages--27 in _ Ontario during papabalrepte 4265 $155" 15'2. 154 Suptest od 100 $26% 26'2 2614 November involved 19,248 work- Met Stors p 200 $20 20 20 Tancord p 200 275 275 275 ers and accounted for Os MGFM 300 300 300 300 Texaco 120 $3024 30% 30'% pee d for a loss of Aon Food 490 $1012 10! 10 4 Tor Dm Bk 2415 $13% 13'2 13% + Ye 560 man-days, the federal more 2940 $29%4 29% 29% * Traders A 210$7 % 7% 7% labor department reported in Morse A oo sip 99. 4 Traders § 220 $26%4 2634 26% 2 This 545 $275m 278% 2788 + Morse pr 150. $51!" $0 SI's +1!% trader Ap 720 $2184 2158 21% uae Monday. This compare 856% 5634 $6% ls Morse B pr aed $31 9 51% Sie + Transalr 200 $6 ~~ rt 1, with 70 stoppages during Octo- 15 14 4 14 eon 1100 $1 } + 8 Tr Can PL 890 $25% 25% 2594 -- V4 r g 24,725 rker ee Te ae ie eH Bis ; Ge egies ie ber involving wath 5 workers and ao M5 34D 8S 10 Noranda M05 $51%2 5? Pages a time-loss of 326,850 man-days 1000 144 14'a 142 +7 Hd ae Be ~ 0 0 Un Carbid 2 ! wow 1 3 4 4 "Un Whurn AIDING AGRICULTURE Hoe 3 25 2 * Versat T / 1500 25 42525 4 1914 erseftd , The government will consider 3040 $18 «17% 18 + a 4 " I action to help any part of the 1000 «19 194 19 S$s " Nainoco . 10? eo 8 Ye Oshawa A i032 + Ve Walk ow , agriculture industry damaged 3500 83 82 «(82 4 Overland by Kennedy Round tariff cuts 7 7 P. Pet 87 z 8 0 my iy [pena cae ae 7 starting Jan. 1, federal Agricul- po a "% Phillips Cb 9at+ Yl W Cdn Seed ture Minister Greene told the 905 900 875 900 +40 'ow Corp 7 W Pacific C s M y 245 $10% 10% 10% + V4 tad Com gu + Ye Weston A Prumons SROnBAY: 140 980 «(980 «(980 * as Wstn épr " 4 wee Tip tt tae 200 20° «208 20 +9 4 Rank Org bi White Pas TAX RATES CUT Lorado i Bei Sta a Revenue - 16% + 4" Weodwd A Reduced rates of British tax Louvi 400 12=«12+=«W2 venu 2+ % Zeller: 36) 364 -- Ve : é : macessa 616 M48 140147, -- 2| Jefferson Rockower ne elton el teas on a wide range of incomes paid Madsen 1900 140 18¢ 150 -- 1 Jockey C Rolland to Canadian residents bec Malertic mor 82 «8282 Jockey Bp ve Romfield 10 3 atictteted lat Rctslde dae effect last April 5 i cain Ararchant 500 66 «6666 Kelly DA rothman Ata -- Ve - z : ctive last April 5 and forms Martin 00 2 OD Labatt Roya! Bnk 2--% FOREIGN TRADING for claiming rebates now are Match 1000 84. 84 84+ 2 Lafarge Royal Trst Moore Corp 25 $322 -32'2 32! ae ' ; el aay Mattom 900 $144 14% 142+ %4 LOnt Cem Russell H 300 $14.14 ve Place Gas. 100 190 190 190 --25 available at national revenue of- Mc Intyre 170 $82 82 $2: +2 Lambton StL Corp p 210 80 Leitch Gid 220 475 475 475 fices across Canada, the reve- Midrim 1300 78 7 78 +2 Laura Sec Salada 520 ® Northgate 200 $13' 312 2 2 > ay g ; y Mogul Min 3800 440 435 435 Lav Fin Scot York 220 $ 4 Pine Point 100. $51 5) 5) 34 nue department said in Ottawa ren AAP 000 130 128 130 Levy 4) Shell Inv p 725 $3 Va' Sherrit 500 480 490 480 +8 | Monday. New Cal 000353585 aes -- eS eetyntay aussi -------- N. Goldvue 5000 5 5 5 N Harri 2500 4 "4 " N Hoseo 1500 165 1464 165 +17 N_ Impr! TORAD 335 «31N «t10 * N Kelore 3500 8 a Bato Newnor 1500 13'4 1 1 24 N Que Ragi 400 600 400 . 400 N. Senator 4300. 25'4 25 3 = N Rim 12100 17% 17 7 Nor Acme 4000 (+18 ™ Norbaska 140 440 «644A 2 Norlex 300 6 46 46 + N Gate ---'10772:$1)"@ 114 11% + "a N_ Rank noo 37 3 % --I Nudu' 1100 (11% 11% 1% Opemske 910 960 960 960 Pamour 500 255 250 255 5 Paramaq 5000 «11 104 10% 4 Patino 127 $13\4 13% _13%4 -- Va Pee Exp! 8200 160 158 160 +17 Pine Point 71S $4884 4894 4834 Placer 300 $3072 30\a la % Preston 570 $208e 20% 20% -- % Pyramid 1500 565 $60 Que Chib 2100 2 2. 2 Qu 5 1 1 4 2\4\ | + wl % +1 5 5 2 +2 s | 8 | a} 7 | ; BERTHIERVILLE | CANADA s ' Bagg : Aa 0 500 $48 47 4 $ 2 4 as 97. 975 5 : 162 «+1 | Helium 2400 26 cs eC at OS e e on , | oo 500 430 0 | a a s a 7 4 so $ 5 Pp. 700 30 380 4 Rr a+ \s FLEXALUM Venetian & Vertical BLINDS @ Quality workmanship @ Commercial and Residential @ Free Fstimotes MIL JELINEK AWNINGS Canvas & Aluminum Products Townline Rd. N. RR2 Oshowe 728-1993 Evening Calls Welcomed ELMWOOD Voriety @ Serving cooked meals @ till 10 P.M, Daily e es & delicious home Open 6:30 AM except Tuesdoy TAUNTON RD. West of . Thornton Rd. Sargeant, 463 Ritson S. Just $. G Zoltan & Nicks GARAGE Dotsun Soles & Service 728-0051 Specializing In... VOLKSWAGEN Repairs & Parts 160 Simcoe St. S. Special Offer Timex Watches 20% off all models including electric models. WARD'S BILLIARDS 70 King St. W., Oshawa H. Melvin, 313 Chestnut, E. Whitby LOOK YOUR PRETTIEST FOR THE PARTY SEASON AHEAD With our heirstyles . , . wigs or hairpieces, @ Eyebrow and Eyelash coloring. OZIMEK'S Modern Hairstylin 367 WILSON S. 723-5631 RAY'S SMOKE & GIFT SHOP 1188 SIMCOE S. 576-0790 YOUR SOUTHEND CHRISTMAS GIFT STORE . . . featuring TOYS, GAMES, CHINAWARE & PLAQUES +++ @ full line of Cards and Gift-Wrap THE AREA'S FINEST WINTER SPORTS Electrical Work CENTRE Protect Your TRUCK OR TRAILER for the Sandblasting & tomily inti F OF Groups . «« Spray Painting r ee re fA information SWISS CHALET PARK 7 Greenwood 942-6557 EM'S SANDBLASTING 485 Waterloo 728-9791 Hwy. |-------- J. Harrigan, 461 Beverly Complete Electrical Contractors @ Industrial, Residential ond Commercia @ Electrical Heating Specialists CARLO'S ELECTRIC Member of Ontario Electric Heating Association 492 Elizabeth St. 725-8909 SIMON'S SHELL SERVICE lanition & Carburetion 97 King St. E. 3 at Mary 576-1360 @ Complete Car Care Lubrications & Tune Ups Fs) Specialists DONALD DUCK BLONDIE LI'L ABNER DILLY ¢ @ TREMED @ G.M.A. MICKEY MOUSE GRANDMA MUGGS AND SKEETER JULIET JONES THis 16 TOO MUCH! YOUR LONG= LOST SISTER'S NAME 16 EVE... AND HER BIRTHDAY 15 THE... THE SAME AS MINE! r FOR CHRISTMAS WE GEN'RALLY HAVE YARD-BIRD 'N' YAMS... ANI FOR NEW YEARS... HOG JOWL