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20 THE OSHAWA TIMES, Wednesday, Pecember 27, 1967 OUR ECONOMY ' a+: (USK GCGSRLSLAGGKLL GER bE GH GO A HR ee OO Be Ra SO Oo I room ee Tod jo rf BBs san se | 4 r - ++ t ' a 4 TODAY'S STOCKS INDUSTRIALS 10:40 Net Distributed by CP Toronte Stock Exchange--Dec, 27 Quotations in cents unless marked $ Stock A TORONTO! 10:40 AM STOCKS | t--Odd lot, xd--Ex-dividend, xr--Ex ; % 1 rights, xw---Ex.warrants, Net change is peered Aye Ba. ma from previous board-lot closing sale. i Aes wot % 5 --16 Algoma St MINES Alcan ae Alumin oer 10:40 Net Alumin 2p Stock Sales High Low a.m. Chee) Arcus B pr Acme Gas 1000 Asbestos Aetna Inv 500 50 Atl Sugar --- % Akaltcho soo an Bank Mtl ve Am Larder 1000 32 Bank N § 3 Ang Ruyn 500. 98 Beaver L 40 +1 Argnsy 160 8? Bell Phne 4402 Armore See | Bow Viy w 640 Arcadia e500 (24 BA Oil 37% Bethim 400 740 BC Forest 34 1594 + Me Rralorne BC Pack B "a Brov! Reef BC Sugar 4" Calmer 1B RCPh 4% p ie Burns Fads 2 CAE Ind n cem 4 Can Brew 4 C Chem w C Curtiss Cdn Equty C Hydro C Imp Bnk © Marcon CP Inve pr PR 285 5 6 CPR 300 p " G Petrofir 2 +1! C Utllitles = 22 Con Fields Capit Bidg 200 D'Eldona CORH Denison Eas! Sull 1) Goldray Gortarm Gradore Grendroy 1000 42 4 4 +2 40 19s + Ma or s h 18' al * 10% + . 1030 bla + % 95 +10 NA+ 'e Kopan 1000 7, 7 4 > : a+ la a? a7 "a 8 50 150 } " & ees eee 3 8: 0 +8 mp Midr 26000 117 3 Ind Accept Ps Mogul Min 3500 460° 455 460° +10 Inland Gas 0 165 156 168 1 n Ca CaaRe ity = fs Ss 0 60S 0S 405 Ma 180 179 180 Nickel 14 Bla 184 184 tit 4 1 Block 635 630 630 +15 Int Util py 3 3144 +24 Intpr Pipe + 18 18 + Int Pipe w 0 385 385 «(BS 5 Intpr_ Stee Norpax 2000 7 7 Tia + Inv Grp A " N Coldstm 3500 135. 132 135 ITL Ind 10% 1 + ve James Stl -s Jefferson Ya 4 Jockey. C 2 Labatt Ont Cem 10 Laura See 64 ~~ Ve; Lev. Fin 1 0 3 2 s Pine Point a & ~%} Levy 200 $3514 3514 3514 + Placer n 9 9b S35 $62 61a bla Que Chib 9 3 4 ob 6% -- Vs © Maltomt } 2\ Ma 5 Quemont 90 MB 4 23% Rayrock 2 Ma 250 Reaves N 14s Rio Algom 650 $33% 337% 33% 6 * D Met Stores 230 $3 33.4 St Fabien 500 19% 194 1912+ ty) Milt Brick 250 $5) 5\% San Antoni 3000 15 15 15 +2%| Mon Food 300 $10%e 1058 10% + Ve Satellite joo: 32 32 2+ 1 Moore 1235 $294 24 294 Sherritt 400 435 430 430 +8 Morse A t 1 Sil Miller = 100-71 1 Morse B Sisco 1000 460 455 460 Mrphy Pr Steep ® 2500 565 560 SO + 68 | Nat Trust Sullivan 212 370 370 3% | Neon Teck Corp 20 485 485 485 +8 Noranda 1 Texmont 1800. 77 77 77 +3 Nor Ci @ 360 $ll% il lit-- vw Thom L $00 37 7 6937 NCG B 2p 50 $27%4 27%4 27% | U Buftadn 9700 49 4 47 +3 Nor Ctl wis 125 405 405 #5 + Un Cmstk $000 14 TEs | ia oe | Ogilvie 210 $13 «13----«13 Un Keno 240 700 700 700 25 Oshawa A = 975 $31% 3I's 31'4~ & Upp Can 1000 148 148 148 +3 Pow Corp 390 $74 7% 74 Willroy 700 99 90) «(9 Price Com 225 $10\4 10% 10% Win-E id 3000 2 12 +% Rank Org 150 $638 6\_ 63% Wr Harg 290 155 155 185 Revenue 900 $18' 17% 188+ te Yeie Lead 100 % 2% 2% Revenue 5337 37 9 +h Yk Bear 7200 390 380 385 +5 R Nodwell S00 180 180 180 -- 5 Tenmac 0p 2? kU Rolland 200 $6%s 6% 67% Royal Bok 1150 $1538 15% 15! - Almin 19200 74 bd Rant? 128 $) OILS, GAS mae ge eee 4 2 a+ . 2--.% 2 s--% s $64 14 atl Se > $ is . " $11 +6 5 168 ' : POPES PADING a a ah 6 White Rhodesia Watches e ng © ore crowded 5 fon "Af & awn bowls and different part of the wo are w "The fron e as clear defined on the Zembesi as nded z B in Vietnam puty are popula elevision Minister John Wrathal] said in 2 fare. African serva a eff; speech cient serve cockteils--"sun- The Zambesi River is Rhode- downers'--in the laie afternoon sia's border with independent z, - , \ ] in Black Black Africa and, int 5 many whites in Sa away Congo here rN Cane te" Steel Ingots | vigor': Drop Slightly ngaged in the OTTAWA (CP) -- Steel ingot) ica as Amer-/ Production in the week ended! New Zealand Dec. 23 totallec 185,26 5 tons Asia Wrathal] down 1.4 per cent from 187,856 tons in th preceding week, the declared Dominion Bureau of Statistics ain Noy. Said Tuesday f ain ruled out Production in the comparable military force as a means of re- week_of 1966 was 119,441 tons gaining ontre It has beer unusually low because of the Zz hout notable: success strike at Algoma Stee to te e Prime Minister Ian; The production index, hased Smitt government through on the average weekly output on nection No nation! during 1957-59 of 96.198 tons s given diplomatic recogni-\equalling 100, was 193 in the thon to the breakaway colony. current week, 195 a week ear- fer signs of warfare can be|lier and 124 a year ago. , Sales High Low a.m. Ch'ge , -- Ve % --"k +» food processors are in trouble * exporters as promotional funds « tax incentives and rebates by bates on their sales, says R. M «sors are making life increasing ; the Canadian Food Proc ? industry will receive little bene- the previous year ;/ 250,000,000 in merchandise ex- Mr. Winters said the 1968 ex-| ,| Golds rose .91 to 195.65-and base * shares. compared with 2,368,000 Thursday and 1,175,000 Friday jed in 1951, (Tenens "BUSINESS SPOTLIGHT TORONTO (CP) -- Canadian} because of increasing competi tion from abroad, spokesmen pounds from 50,600,000 pounds. | ports for the Canadian industry say Australia can export compéti- The Food Processors Associa- tion says such aids to foreign'gives processors promoti on! foreign governments to proces difficult for the Canadian indus try. Elmer Banting, presid processor calls "a critical situa-' of Association, say the Canadian fit from the recent Kennedy Round tariff cuts Processors say Canada South Africa. Italy now gives mported 17,600,000 po nds 0 canned Australian peac ast of their sale price. kets vear, about four times as man as in 1963 and 35 times the Baxter Canning quantity seven years ago Ontario tomato processors must Canadian Export Target |members that they may be! month, which may be-very little store the confidence of the in-| Exports, higher by 11 per cent forced to pool their seasonal different from the first day of/vestor -- he is already buying in the first nine months of this labor into a single industry-wide any other.month but somehow. American shares in preference! year, will increase by another 11 IZZA be bo recruiting service to meet the it has become accepted as the'to Canadian -- costs must be per cent z ver 1 10n 0 ars continual shrinking of the sup-| break between the old and the passed on in prices Business investment will de- Pb tag Hi peptide ply of seasonal workers. new. Having promised in his mini-'cline but this will be offset by, ' "he devaluation of the pound will éntail temporary} on in some markets but OTTAWA (CP) -- A target of! $12,300,000,000 has been set for sterli Canadian exports in 1968, Trade dis! Minister Winters said Tuesday sho result eventually in a na year-end statement strengthened economy in Brit-| It is almost 10 per cent above ain and greater financial stabili-| the 1967 objective of $11,-| ty internationally." | d ports which he expects will be port target is an exacting chal- reached when final figures are lenge. But it was one that had available 'to be met if the Canadian econ-| Mr. Winters predicted that omy was to move forward at al world trade will show considera- pace matching its potential. | ble improvement in the new An encouraging trend this] | year after the generally s!ug- year was the increase in sales} | gish conditions of 1967 to the United States,-up an esti-} "The tempo of industrial ac- mated 17 per cent. Canada now; tivity in the United States, fol-) was supplying 26 per cent of alll lowing the slowdown early in U.S. imports compared with 1967, is already picking up mo- 2 per cent just two years mentum," his statement said ' Boxing Day TSE Activity Quiet, With Light Trading TORONTO (CP) Boxing|lost 34 to 4714, Central-Del Rio Day activity on the Toronto 14 to 21144 and Ranger 20 cents Stock Exchange was quiet as in-/to "75 : vestors, recovering from Christ Dome Mines advanced % to _|mas, stayed away from the 57%s in golds while Leitch lost 5% "| market to 12% .Giant Yellowknife gained 5 cents to 9.40 Denison lost %4 to 80 in senior) base metals and Northgate % to} 105g, Rio Algom climbed % to} 33% and Preston % to 21%. Tuesday was the first full day of trading since Thursday. Fri- day, the exchange closed at) noon for the Christmas holiday. Price changes ake mostly In the industrial list, Alberta fractional. Western oils yds Gas Trunk dropped 114 to 314%. } ue werhat sitar ai pg ea Westcoast Transmission fell 1 to Pe 1s baa "88 to 150 fo 2114, Saturday, the National En- TAGUS eRe GONE oe 20 ater ergy Board refused permission af to the company to sell natural} metals .26 to 104.24. gas to the United States at the Volume Tuesday was 2,169,000 company's proposed price Domtar gained 5g to 10, as did Oshawa A, to 31%. Scurry-Rainbow led the west Declines outnumbered ad- ern oils g » lower, dropping) vances 212 to 181, while 183 is- 13 to 4914. Canadian Superior) sues were unchanged. Canadian Voting Rights In CNR Reach Record High MONT Al, (CP) -- N. R., ment of freight by the railway ~ump, chairman of the Cana-|improved during 1967 and fur- said in!ther gains would be achieved in ve Tuesday! 1968. In the first 11 months of that total ng rights. held by! 1967, gross ton-miles per freight residents of Canada reached a/train hour--a yardstick of rail record 61 per cent in 1967, com. efficiency--increased about two pared with 57 per cent in 1966. | per cent dian Pacific Rails s year-end mess vot It was, he said: a'year of solid " elieeealaan We: Auto Sales | Increase was also a year in which policies and pians set in motion over the last decade began to bear fr articularly in aj successful $100,000,.000 issue in' DETROIT (AP) -- U.S. auto November of 5,000,000 sales were up 19.3 per cent dur- middle 10 days of De ence share by Canadian Pa-\1 the f nvestments Ltd cember compared with the first 10 days of the month, but were 5.2 per cent behind last year's mid-December period There were nine selling days Proceeds from the CPI issue during the period ended Dec. 20, i see f while there were eight during would be used to increase eq- ; ve 5 { pes * ithe same period last year and uty investments in Pesource-O©lthe first 10 days of this Decem- iented enterprises and to ca i ns " nance further expansion of : wholly-owned subsidiary compa- ue Som ken pei "< nies within the Canadian Pacific|"©P° Me ieidiis e AN R Investment group producers showed 233,838 cars ree _. .._. |sold during the middle 10 days aon 1967, the ee Pat of December, compared with iary companies of CPI had)919 172 during the same period This move had drawn atten tion to the investment and de- velop.nent side of the "new" Canadian Pacific spent about $35,000,000. on capi- last year and 174,287 during the expenditures, in resource de- | first'1@ days of this December. velopment and property im-| 'The 95.982 daily average for provement. This total was €X-\the most recent period was an pected to be surpassed in 1968. Jincrease of 19.3 per cent over On the transportation side, op- the 21,786 figure for the preced- erating efficiency in the move-'ing 10 days, but was down 5.2 -- ---- per tent from the 27,397 daily INSPIRED BRITONS al oC a aaa ine na ® pan in 196 LONDON (AP) -- Sir Richard Baar Motors reported sell- laddon, retired. publisher who ing 116,620 cars during the mid nvented the slogan Dig for Vic-|die 10 days of December com- the Second World pared with 115,686 during the War, died Monday, He was 74. Poccpehgotttas Maing aggre Sir Richard was credited with) December. : nspiring Britons to grow more Comparable figures for the food in their own backyards to Other manufacturers: Ford counter the German blockade to peer pis Mase: bo teas 1387 ae Chrysler Corp. 44,564; 36,790 avoid starvation. He was knight- 31.408; American Motors 7,229; 17,564; 5,591, during h Foreign Competition Hits Canadian Food Industry During these same years Can-|pay the world's highest prices | found that individual Canadians' 166,000 housing starts in 1967) it. ada's production of cannedifor tomatoes and in return have between them spent something! after the poor showing of 1966 peaches dropped to 39,400,000'the least protection from im- over $37 billion on all goods and but this is about what will be Canada is now about 4.3 per 47.4 per cent from August or| realized and there are prospects cent of the Canadian japon ane 133 edesesawante about seven per cent more than' for improvement in 1968. force. To check the rise Viewed at this point the com- : represented any-jing 'year looks very much as_ice industries, it will I more than they got for,4967 turned: out to be, There|have to increase to something their money this year. The rest'wil] not be the unprecedented, more than five per cent. To this tively because its government DOMESTIC THREAT Processors also fear that re- : : half of that money, tax incentives, and re-|duced tariffs on imported citrus thing juices resulting from the Kenne- Mapp of Canadian Canners Ltd.|¢Y Round could cut Canadian wont into higher prices. The Canadian canned tomato|consumption of home-processed industry is suffering what one @Pple and tomato juice Nor do they think they will tion," with imports for the first/ benefit from lower tariffs on im- "s six months of 1967 almost dou-|Ported fresh fruits and vegeta- bled from the same period in bles during the off season, since it sher rs i i P ed idole en ainda' is the record of a fairly pros- Most of the added imports) ne Ut stason wien tle Produce! perous year when both labor in-| ow much or for how long will eee _ ee aaeteht depend on three things. Corpor- yes n eight' tions this year and the year MORE FOR HIS MONEY before have been forced into Retail sales should increase high wage settlements, partly again by at least eight per cent tinue in the early part of the at the expense of the consumer,/with the Canadian consumer year byt ease later ame from Italy, Spain. and 'Ss available for processing. However, processors believe Breer cock Ba sent they v fi x por' r- : of exporters rebates of 18 per cent at may find new export mar per cent and only corporation J. D. Baxter, vice-president of Cause of reduced US. tariffs on) ' Co. Ltd., says Such items as dehydrated potato WHAT'S AHEAD? But with a Christmas hang- partly products, over come sobering questions shareholder. Profits have sag- than hé*has in the current year. mato products. Food processors have been about what may lie ahead. New| ged six per cent below 1966 and warned by some association Year's Day is the first of a if Canadian industry is to re- below four per cent. By WARREN BALDWIN | OTTAWA -- Again the jingle slightly softer position than they| strain both labor and manage- of Santa's sleigh bells hasjentered 1966. Business confi-;/ment in wage demands and $129,141,777, up §8.7 per cent Satisfactory Yule Trade | Offsets Slight Slackening Canadians entered 1967 in a, budget that he will seek to re- tics said Tuesday. Revenues Up, Profits Down | OTTAWA (CP, -- Total oper- lating revenues for 23 Canadian railways moved: up in Septem- ber but net profits were down, the Dominion Bureau of Statis- Operating revenues totalled mingled nicely with the jingle;dence was not as strong, re- settlements so that wages will from September of 1966. year-end approached. In the past year it will -be services they consumed they spent in 1966 but that only the United States be- profits lagged behind. apple juice and to- i prosperity that marked the per-| After doing that and paying jod from the middle of 1961 to taxes they were able to put'the middle of 1965 but if the| Commons that Mr, Sharp is en aside about $4 billion either by right decisions are made by Couraging more unemployment buying a house, stocks, insur- government, by { ance, putting it into a bank ac-)and labor, there appears to be I count or just the old sock. That! jittle to worry about. get accomplishes its purpose] other resource development. Prices will continue to rise rices will Listes outpace production here are one of cash registers. Early reports flected in a forecast decline in! again have some relationship to _" i indicate a satisfactory Christ-\new spending on plant and the amount that the wage earn- But ee tes ate, mas trade which should offset/equipment. By mid-year busi-'er is producing, Finance Minis-|10.7 per cen id o $8.56 134 a slight slackening of Canadianjness plans for capital spending ter Sharp is now planning his| leaving net profi es spending on food, clothing, cars/had changed and a moderate! campaign. It is new ground and) © epee and other durable goods as the/increase was looked for which, politically dangerous ground to tember last year. 'in fact, is being realized. Few would have predicted nounced retirement could delay passenger traffic totalled 2,- ompared with $9,906,499 in Sep- tread and Mr. Pearson's an-| Partly -because of Expo 67, z 355,000 for the 23 lines, up 24.9 The number of unemployed in per cent from the previous year DIVIDENDS By The Canadian Press Overland Express Ltd., com- lextent the accusations of oppo- ce at : sition critics in the House of;™on 7/2 cents, pret. 5 cents; Jan, 31, record Jan. 17 prices, particularly in the serv-| probably management | ate probably true. government expenditure, partl- Assuming that the mini-bud-| cujarly on hydro power and and wages do not any further} The number of new jobs will increase by about five per cent but the increase in the labor force will be greater, High interest rates will con- or two predictions the. expense of the getting more for his money FREE PEPSI EPI'S Price increases will be held ] | THE SAME RESOLUTIONS ! Because every ye our objectives are essentially the same, To make A&P a friendly courteous store for you, To be fair and honest in our pricing and labeling. To sell only quality products we ean fully guarantee. To do everything possible to bring you the most good food for the least amount of money. Te prove we care about you. We think we did pretty well in °67. We'll be trying even harder in 68. Here's a predictions When '68 comes to a close, we still won't be satisfied and we'll try harder in '69 and '79 and '89 and '1999, We don't think we can ever be good enough for you. » no matter how well we did the year before, ( STUFFING BREAD 1: »*< STEAK & ROASTS * TOP ROUND STEAK OR ROAST 11.07 BONELESS BOTTOM CUT ROUND STEAK ROAST BONELESS RUMP ROAST BONELESS POINT SIRLOIN ROAST FULL SLICE OR MINCED ROUND STEAK % CANADA GRADE "A", EVISCERATED VAC PAC - FROZEN - YOUNG TURKEYS 5'4 TO 8 POUNDS PURE PORK SAUSAGE MEAT 49. COTTAGE ROLLS = -59. CRANBERRY SAUCE (WHOLE. 6 TeLLIED) 14-02 tin 27: 24-02 loat 2 5: YUKON CLUB (Plus Bottle Deposit) Ginger Ale Soda Water : V9 5 g Ps 'as Jane Parker MINCE PIE Jane Parker (Over 2/3 Fruits and Nuts FRUIT CAKE Wonder MARGARINE 5+: 99% Fancy Quality A:zP PEAS Choice Quality Cream Style A:P CORN Maxwell House (24c Off Deal) Reg. jar $1.65 -- Save An Extra 16¢ INSTANT COFFEE SUGAR CRISPS -....33 All Prices in this Ad guaranteed through Saturday, December 30th, 1967 Reg. Price each 59¢ -- SAVE 60 Full 8-inch 24-02 pie 5 3 € We-lb $1.39 ) 3-lb ring 69 5-Ib ring 399 2 14-fl-oz tins 4 3 € 2 19-fl-oz tins 49: 149 Reg. Price pkg 37¢ -- SAVE 4c c 10-02 jar we eee Until 9 p.m. Sat. 'til 6 p.m. HOLIDAY FRUIT & VEGETABLE VALUES Florida, Vine-Ripened Hand-Selected Quality, No. 1 Grade NONE PRICED HIGHER AT A&P! OPEN EVERY NIGHT Bane 7 bappy New Year << AP) FOOD STORES Wasi A&P MEANS DEPENDABILITY trom all of us at AcP THE GREAT ATLANTIC & PACIFIC TEA COMPANY LTD. THIS WEEK | MUGGS AND SKEETER DONALD DUCK SOMETIES I'LL BE YOU WISH YOUH BLONDIE eee fl PS LI'L ABNER NUBBIN HENRY : TNLIET 1ONES MICKEY MOUSE GRANDMA