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HomeMy WebLinkAboutZurich Citizens News, 1966-06-30, Page 2PAGE TWO ZURICH CITIZENS NEWS THURSDAY, JUNE. 30, 196 e'dit04.0.1 .- - Profits Take a Tumble "Industry", a monthly publication of the Canadian Manufacturers' Association, is concerned with the rising sales -decreas- ing profits of Canadian companies. "Although the year 1965 was one of the most prosperous in Canadian economic history it was also, for many companies and some industries, a year in which rising sales went hand-in-hand with falling profits. "That such was the experience of man- ufacturing industry as a whole — thanks largely to higher labor and material costs —is confirmed by the latest annual survey of the sales dollars, results of -which have just been published by the Canadian Manu- facturers' Association. "The 909 companies covered by the survey—the 18th of its kind — include nearly all the giant corporations as well as many medium and small concerns in all 10 provinces. Between them, they had 477,151 employees last year and total sales of $13.3 billion. "And their profit? On each dollar of sales it averaged just 4.9 cents, which is to say less than a nickel. This is a drop of a half cent from the 5.4 cent figure of 1964, and co -incidentally, is also exactly half a cent below the profit average of all the years since the study was firt begun in 1949. "Two other salient points emerge from this analysis of manufacturing profits in 1965. First and foremost is the reminder, once more, that shareholders—whose in- vested cash keeps a company in business —by no means get even the nickel or so on the sales dollar that remains in the manufacturers' till after payment of all expenses. "Care must always be taken to set aside enough money to provide for essen- tial modernization, development and re- search. After this was done last year only 2.6 cents was left for distribution to share- holders out of the original 4.9 cents. Here again, this division of sales dollar profit as between shareholders' dividends and the needs of corporate growth conforms aled over close- ly to the unvarying pattern the years. "Point number two is also in the na- ture of a reminder— that not all com- panies necessarily make a profit, year in, year out. Thus of these 909 firms, no fewer that 108 lost money on their opera- tions in 1965—and this again is consis- tent proportion. "All in all, and as in other years, these latest sales dollar breakdown results do much to set the record straight where the manufacturers' profits are concerned. More than this, the evidence being what it is, if there's one thing rising prices can't be blamed on, it is 'soaring' profits in industry."—(Industry) Care For the Kiddies! This week. children across the coun- try will be out of school for the summer recess and enjoying the warm, sunny days outside. With their release from the confines of school, comes an increasing danger on the streets of the community, for little children are not always at their best in remembering about crossing the road. The responsibility of exerting caution rests largely with the drivers of motor cars and increasing number of motorcycles. The dangers of crossing streets heightens at busy times of the day, but we cannot. expect the tiny tots to remember or realize this. Children's lives are p r e c i o u s, and drivers who may unwittingly harm a child through an accident, can suffer mentally for it for years, even a lifetime, if a fatal- ity should occur. While driving, remember the children at play, and drive as if each child on the street was your own.—New Hamburg Inde- pendent. Day of the One -Man Bandit Memory is one half hour. Before the days of traffic lights in- side Ontario, there was another form of traffic control, the "silent policeman," on each busy intersection—a red, round( over- size "baseball bat" suspended from a cement base by a spring in the centre of the road. There was no one there to administer a fine to the driver if the "policeman" was knocked over. Resilient fellow, he sprang up again immediately, anyway! The era •of the parking zone arrived with hourly and half-hourly restrictions. Next came the one-man bandits, the park- ing meters. All these innovations to control traffic and parking were destined to do without the immediate presence of a minion of the law. But human nature remains immut- able. • Invariably, parking meters in Ontario are jimmied so they won't work, or simply ignored when they do work. Many faces are showing red in violation in many towns. Doesn't this prove conclusively that gimmicks are an excuse and not an answer to law enforcement in traffic control? But there is an answer for every single Ontario municipality, every day, •e v e r y night, in every town; the most effective answer of all — blue uniforms. Memory, it is pointed out, is just one half hour. One policeman, a talking, walking, not silent one, seen going up and down any Ontario thoroughfare will enforce traffic and parking laws better than any gimmick ever manufactured. - Birth ... Marriage ... Death Birth, marriage, and death are the most important events in the average life. There's the warning in many an Ontario town: "Watch out, you'll get your name in the paper!" You can help it if you run foul of the police court for some misdemeanor, but you can't help being born, or walking up the church aisle, and your blood pressure can stand only so much. Though printing a birth notice is sel- dom a problem, many an editor literally weeps over weddings. Now, he couldn't care less if a "tiara of pearls around her swirls", or if she really is "a goddess in a bodice" ... the bride's counsel writes it. However, obituaries are still trouble- some, especially so when the country cor- respondent sends in two in the same packet of news, one flowery and one not. Custom was to paint up the subject— the life beautiful gone to its great reward. In real life Bill Smith was a rogue, John Jones was an inebriate, Harry Hall was always on a case ... sitting on a packing box in front of the shack while his wife took in wash. Grand fellows all, en passant, with halos! All babies are beautiful! All brides are lovely! All people who die are saints! A life on earth is indelible. What is written about it afterward cannot add to or take away from what is was. If Mrs. John Jacob's life was a fine Christian ex- ample, people will say so. In obituary writing we've passed from a flowery past into a factual present. It's all in the hands of the Great Editor, anyway! From My Window By Shirley Keller TWO BUCK HEADACHE An old gentleman made this comment the other day: "You know, you don't see anything but 10 and 20 dollar bills these days, I guess it's because them other small ones are no good to anybody—'cepting for mak- ing change." This came on the heels of a discussion I'd had with a lady who for a hobby had kept track of her weekly grocery bills since 1960, Her findings were conclusive proof that the old gentleman knew whereof he spoke. Budget -weary women — and men, too — know that an un expected windfall of $2 left over on pay day is more of a headache than anything else. In our house, "found money" like that is earmarked for "ex- tras" but these days extras finance the night. If we take the kids, loose loot will be required for the delici- ous snacks the management is so prone to push. If we hire a baby sitter, her fee plus the usual nibbling goodies (for the sitter and the sitted) will neces- sitate a loan from another household fund. Wise readers will suggest an- other alternative . . . letting the eight crisp brown bills ac- cumulate until they can be ex- changed for three others, one purple, on blue and one green . a lump sum of $16 to blow all at one grand time. In theory the idea is top rate! In practice it is ridiculous! Two dollar bills are just right for paying the cleaner, and the paper boy, and the milkman and the lucky salesman who happens by in a weak moment. cost more, By the time "outing day" has Beginning July 1, the $2 dawned, what should have been a bundle of neatly folded bills is now a disappointing heap of change ... and the posh dinner for two has diminished to a couple of milkshakes and a hamburg. More than likely each of two bucks will serve to boost the ever -low food budget. We'll avoid the anxiety of over -spend- ing this summer to suffer the pangs of dieting next winter when oil bills take their toll of precious eating dollars. budgeted for music lessons each week will become "found money". Summer vacation from the piano leaves us with a big worry how to get the most of our eight two dollar bills. Spent singly, they will give us a weekly trip to the drive- in theatre . . . but even this simple activity causes strain. We can take the kids or leave them at home — either way, Dad will have to dig deep for the added funds to completely OH, THESE COLLEGE BOYS! May you never have a child who is going to college. And if you have one, please accept my heart -felt condolences. Ours is a male. I don't know what college girls are like (any more, he said sadly but I sus- pect they're just as much of a cross to bear, for their parents. I had to get out of bed this morning at 6 .a.m. to get rid of ours, but it was worth it. After he'd climbed on the bus, in a flurry of last minute kisses and admonitions, I must confess to a distinct lifting of the spirits. It isn't that we don't love our son. We have the deepest affec- tion for him, and show it in the usual stupid way. That is, we worry about his welfare; we puff with pride when he does something well; we spend hours trying to figure out what is best for him; and we put up with murder from him. Typical, nor- mal parents. And it isn't that he's a delin- quent. Although there are times when I've been tempted to look up the exact definition of that word. No, he's really quite a decent, average college student. He's generous, idealistic and perfect- ly good-natured, if you don't cross him. He is reasonably polite. He is thoughtful with old people and children—until they bore him. He can work steadily for 12 hours at some- thing he likes doing. Like sleeping. He would give you the shirt off his back; and is completely self-centred. He can dance all night, but collapses when the lawn is half -mowed. You'd wonder why we'd have this sense of relief when he leaves. There's a lot of fun Z:! rich 0/4„News PRINTED BY SOUTH HURON PUBLISHERS LIMITED, ZURI.CH HER TURKHEIM, Publisher J E. HUNT, Plant Superintendent Authorized as Second Class Mail, Post Office Department, Ottawa and for payment of postage in cash. Member: Member: Mumber: Canadian Weekly Newspapers Association Ontario Weekly Newspapers Association Canadian Community Newspapers Representatives Subscription Rates: $3.00 per year in advance, in Canada; $4.00 in United States anti and Foreign; single copies 7 cents. Elie friti* fot to Atte BUGS BUNNY — Bugs Bunny examines the ratings for his Bugs Bunny Show, seen on CBC -TV each Saturday afternoon. the diner for three days; per- haps a couple of nights in a Vancouver hotel in case his boat wasn't in, plus meals for those two days. My jaw drop- ped gradually but steadily dur- ing this recital. He was prety badly shaken up when I told him he would be renting a pillow for 25 cents and sleeping in his seat, would be eating ham sandwiches wher- ever the train stopped long enough, and would stay at the YMCA when he got there. We compromised on $50. My wife and I were talking it over. when he's around the house. He plays guitar and sings, plays piano well, plays mouth organ, is full of beans. When he's around the house. Ay, there's the rub. He has just spent three week "at home". This included a couple of days visiting his grandpar- ents, a week off hitch -hiking to Montreal and back, and three days with a friend at the latter's cottage, and a day with another friend in the city. But it's been nice to have him home. And he's been a great help to me. He mowed one-third of the lawn one day; dug four feet of a 60foot border another, and washed the car another (at the coin -wash). I'm not trying to imply that the boy is bone -lazy. It's just that he's too busy. When he is home, he usually gets to bed an hour, sometimes two, before I get up at 6:30. When I get home for lunch, about 1:30, he is just coming to. By 2:30, it's too hot to mow the grass, but just right for the beach. Honesty compels me to ad- mit that he did set a new rec- ord this time. He got in at 3:30 one morning, and was just struggling downstairs for break- fast at 5:30 p.m., when his ac- complices of the night before arrived to pick him up for a date they'd made for 7 p.m. Even they were a bit startled. Oh, well, youth and all that jazz, I guess. Anyway, he's off to his summer job, working on a cruise boat on the west coast. Got a free rail pass from the company. He started figuring out his expenses for the trip out. A berth for three nights; meals in It's a treat they'll all love. Our tempting foods are carefully prepared and beautifully served. The atmosphere is gracious and congenial, perfect for family dining. Our dining room is air conditioned for your comfort. 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