The URL can be used to link to this page

Home My WebLink AboutThe Huron Expositor, 1966-12-08, Page 9r 1.1 r t• !gildEaton Office let M•iionla dock MA.tn Street Phone 527,1610 $iijaforth. ▪ An Expositor Classified will, pay you dividends. Have you tried one? Dial 5274)240. 'blue 'coal' • Champion Stove and Furnace Oil WILLIS DUNDAS Office 527-0150 --- Res. 527-1053 • • "The diffet'ence is that the SUPER -GIANT box is full" Arnold Stinnissen GROUP • LIFE- ACCIDENT .end SICKNESS - MAJOR MEDICAL PENSIONS - ANNUITIES Representing Sun' -Life Assurance Colnlipany Goderich St. East - Seaforth of Canada TELEPHONE, 527-0410 mail early this Christmas DECEMBER l7th is the last date for, local Christmas mail delivery CHRISTMAS CARDS Unsealed, with not more than five Written words of greeting. 3C, w hat-le-forrr,,u;e„ -_. . see your telephone book Yellow Pages. `'Tine Iuron VOA of the, Cana: xtian Ceineer Society hetdt.ire 'rust getneral- `meetif g for the coming year in the alldritoriui t of , E,uronview, Clutton, when representatives from itighazn EXeter, Seaforth and Clitttcii• were in attendance, Harvey ,Johnston, presided for the busi- ness period which ' included plates for the opening of the new countyheadquarters, An King St., Clinton. The meeting saw ,,, two ` educational films, "Who me?" and "The Million Club." An invitation from the Seaforth Branch to hold the next meeting there on March 1967, was accepted. Plan Christmas Meeting Kippen East WI will meet Wednesday Dec. 14, at 2 p.m. at the home of Mrs. Ernest Whitehouse with co -hostess Mrs. Robert Bell. The roll call will be "Bring a sample of your Christmas Cake," The Sunshine Pal gift exchange, the motto, "It isn't the giver who makes Christmas, It's • the spirit of others," by Mrs. William Gibson. Mrs. L. Pipe of Lon- desboro, will demonstrate Christmas decorations. The treat from Santa Claus will be in charge of Mrs, William Bell, and Mrs. Cecil Pullman; the Remember! It takes but a moment to place an Expositor Want Ad and be .money in pocket. To advertise, just Dial Seaforth 527-0240. CHRISTMAS TREES Scotch Pine and Balsam Nicely Trimmed GORDON NOBLE Phone 527-0840 — We Deliver - TRAIN- n• a RONTO Ask about convenient departure and return times For information, phone the local CN Passenger Sales Office CANADIAN NATIONAL •s.. 40.83 PASSEPO•RT POUR LA TERRf DES HOMMES -24/./lx& expo67 PASSPORT TO MAN AND HIS WORLD lunch Tin charge of Mrs. Edina Caldwell, Mrs. wtltiani Gibson, Mrs. Campbell Eyre,' Mrs," Chas. Eyre and Miss Margaret McKay, the ice cream in charge of Mrs. Ross Cararas, Mrs. Robert Bell, and Mrs. Ken McKay. - Every week more people dis- cover what mighty jobs are accomplished by low cost Ex- positor Want Ads. Dial 527-0240. HELP KEEP HOMES INTACT 1 Christmas is for giving and sharing. Help share happi- ness 'with a gift of good health-- your contribution to Christmas Seals. Do it today! 'FIGHT TB AND OTHER RESPIRATORY DISEASES - OVER 100. WATCHES AT SAVAUGE JEWELLERS Certified Watchmakers (Opposite Post Office) Timex .... $7.95 and up 17J Swiss $14.95 and up Pick yours up now WHILE OFFICIAL DISCOUNT PRICES APPLY at your neighbourhood chartered bank branch! Open and build a Family Expo 67 Tour Account. Be sure your family sees Expo 87 April 28. to Oct. 27 at MontreaL THE CHARTERED BANKS SERVING YOU AND YOUR COMMUNITY • MssYla__IMY IO"' • THIS WEEK AND NEXT by Roy Argyle P.REDICTIQN COME'S 'TRUE tion;, u :Behind the often un-transia- b, table pronouncements of the economists, however, one fun- damental fact emerges. rt is this: If there is always a ,plates at tire' end of a Steep clixn Canatians could not. b 'blamed this week for'hoping that rising 'pricesmay be on the verge of levelling off after a year of steady climb. A, glimmer of hope has been seem through the tangled un- derbrush of inflation. The Eco- nomic Council of Canada says the government should be ready' to start pumping up the -economy again because a down- turn May not be far off. The forecast seems almost too good to be true. Last January, I wrote in this column that inflation would be Canada's biggest, domestic headache this year, There is lit- tle pleasure in seeing such a warning borne out. In a year of °militant union- ism, wages went up an average of 12 per cent. while worker productivity rose only six' per cent. The famous 30 per cent, wage gains of Expo workers, Quebec Hydro • and Seaway workers set the target for ev- eryone from postmen to airline mechanics, although not all won such hefty gains. Corporation profits, mean- while, rose just• as staggeringly. They're up an average of 56 per cent. since' 1960. Over the past decade, wage rises have outpaced price gaihs,_ although inflation and higher taxes have eaten away up to 50 cents of every dollar gained in pay increases, For those on fixed incomes .especially pen- sioners, real income has fallen. The Canadian economy has so far been able to withstand these rises, -only because of con- tinuing rapid industrial expan- sion. For example, capital spending by business for new plant facilities will reach near- ly ten billion dollars this year, an increase of almost' 25 per 'cent. over 1965. All this has created a money shortage. Money, subject like everything else to the law of supply and demand, has become more expensive and that is why the_ -government has had. to. raise the interest rate on Na- tional Housing loans to seven and one-half from the six and three-quarters per cent. This is expei:ted to attract more money to the mortgage field and stim- ulate lagging housing construe - The main cause of inflation is the willingness of consumers to pay almost any price far al - mast anything on the market. That this situation can devel- op only in time of high pros- perity is of course self-evident. It is at such times that the North American 'prise system re -asserts the law of supply and demand. Another way of expressing this formula lies in the old adage of "charging all the market will bear." If a $5 item will sell just as readily at $5.50 (and it apparently will these -days), then you can be sure the price will not bong re main at $5. The biggest irony of 1966; however, has been that the stock market has. been unable to keep pace with fast -rising consumer prices. Values have vanished by the millions in 'the stock market this year. Prices are down an average of nearly 25 per cent. on U.S. and Cana- dian exchanges, and the mar- kets are probably still some distance away from bottoming out. The .chairman of Canada's Economic Council, John J. Deutsch, is one off the few economists in this country with the ability to discuss economies in terms the public . can under= stand. Prices are higher here than in the U.S., he said, because in- efficient Canadian industry is still able to hide behind tariff walls which keep Canadian prices artificially high. Produc- tivity of Canadian workers runs 20 per cent below the US. lev- el, he added, and the pegging of the Canadian dollar at around 92 cents U.S. means that we're paying eight per cent. more for our imports'. ` His conclusions suggest again that there is only one real cure for a Canadian dilemma where wages are lower but prices higher than in the U.S. The cure, of course, is economic un- ion . n=ion. Remember! It takes but a moment to place an Expositor Want Ad and be money in pocket. To advertise, just Dial Seaforth 527-0240. next time you blow a fuse remember these fact before you blow your top 1 When a fuse' blows it is a signal that you have overloaded part of your electrical system. _ . ,.a circuit. Ifyour home's elec- . trical system is not adequate to serve all your needs you'll notice other symptoms: Lights mdy dim from time to time, your toaster will take longer to toast, and appliances with motors may appear sluggish. 3 If your home is more than 10 years old, the chances are your elec- trical system requires updating to take care of to- day's requirements. There are now more than twice the number of 'appliances used in the home than ten years ago. SOLUTION It is not necessary to put up with the inconvenience caused by an out -dated electrical system. Have your household wiring examined soon. See how easily your home can be modernized electrically. BENEFITS 1 Youcan useas many appliances a's you wish at the same time ... without giving, fuses a second thought. 2, You.cian add any number of new time -saving appliances to your, home. 3 Your appliances will operate more efficiently and with Tess strain -on motors. 4 You can enjoy the convenience of having all the electrical outlets you desire,You.will avoid the inconvenience of 'ILLI, Phone 527,-0870 870 WANT ADS BRING QUICK SWlt4TS , Dial.57 024Q THE ONTARIO LOAN AND DEBENTURE COMPANY Established 1870 Assets 575,000,000 • Capital & Reserve $%000,000 ' „;3 1 0/ Paid en3,4&5year , debentures or ug 61/4% paid on 1 &2 year debentures Offices: Toronto • Hamilton • Ottawa • St. Thomas Please complete coupon and mail with cheque to: ONTARIO LOAN AND DEBENTURE COMPANY 137 Dundas Street, London, Ont. Phone 432-4158 Amount "Years 0 Accumulative 0 Coupon Mc/Mrs./Miss Address Tel. Signature ;ark r r 4:4 ' ) 4,,;tom i I v� i 441;cam w r ;e•1r ;.u1� ;'4 w�i l� ll, �r-( , ;.,, ' ,S...� .45. ,. • 4, .. • W '.S. ,4 K. • ,4. .S., :S, ,v .S • *S....°. .• ,. .. WATCHES TIMEX 7.95 to 39.95 CARAVELLE 17.95 to 39.95 29.95 to 80.00 BULOVA 39.95 to 124.95 ACUTRON 135.00 up All watches sold by us carry a one-year gu rantee and (with the exception of Timex) are serviced by. our own watchmakers. ❑ 0 ENICAR Anstett Jewellers Ltd. TRADE-INS WANTED ri,w'i,r'il.:'ru+•i +iy`�r1�lr�;tr'i,rail,;r~1rwi �.'� r,...�rv.�rw�,;.�...4-4.. unsightly extension cords and the attendant risk of Overloading the outlet. 5 Additional comforts• such as electric heating and air-condition- ing can be easily accom- modated. 6 Modernizing your 'wiring system will make an important differ- ence to the• safety and • resale value of your home. Re-wiringcan be handled with little disturbance to your home and at a cost far fess than you may think. Contact a qualified elec- trical contractor, soon. Or call your Hydro. f0 aa�t�>k�r a,�aa•,•. i«f44