14 The Guardian, Charlottetown, Mon., Jan. 18, 1965.

Business Briefing Planned |§ On Changing Que. Scene

how changes in the “new Que- “Companies are finding that bec” are affecting and will af- solutions to problems of market- len will be their confreres from ing. finance, organization, train- the United States and through- ing, and so forth that work ef- in Canada

By WILLIAM MacDOUGALL MONTREAL (‘CP A chang ing Quebec, different from other | North American areas in terms

* | of the_continent’s business prac- out Canada fectively elsewhere tices, will be the subject of a Called Doing Business Profi- may have little revelance to do- briefing here next month for tably in Quebec, the briefing ing business in Quebec businessmen interested in par- Feb 3-4 is sponsored by the . ticipating in its productivity Canadian Management Centre, mw specist NEEDS h Businessmen acquainted with a part of the non-profit Ameri- ence. e need for this

can Management Association briefing The purpose of the ses-

In a statement announcing the ston wn be to point out the fea- briefing, Stewart Thompson, the are unique, aud tint’ coauine centre S general manager, says special planning if the opportun- ities for profitable business are to be fully exploited."

In an interview, Mr. Thomp- son said developments are oc- curing in Quebec that ‘affect the whole environment in which business is done in Canada and expecced report on smoking and consequently we fe@®~a great health need for businessmen to keep

the province. an area different | in culture, language and several | Other aspects affecting the con | duct of business, will discuss

Stocks In N.Y. Last Week Had Top Advance In Months

NEW YORK (AP) —The stock market made its greatest ad

vance in four months in the !ast week, pushing one stock market

Drugs and airtines provided | informed of the changing values strong leadership in two market of the people and the govern-

| average to an historic high and

sessions. They gave way to such ment's plans and objectives.’

natural-resource stocks as cop- Quebec was growing, was.a

| bringing «wo others very close c pers, steels, aluminums, oil8 developing market, and ‘com-

to their peaks

a

tS » i = ~~ rt

ey e E Pd ona ee volume also wos and sicnels iste a = week panies that wast to grow with cy ee ; . ER ; aero eS Ey most active issues OM the rest of Canada will want to FTER PRAYERS FOR CHURCHILL MONS, cet seemed to have vnerek’™ York Stock Exchange | consider Quebec as one of the PIER ANGELI REGAINS HER SON . . | conquered its fears of a‘possibie Radio Corp., off % at 32% on| Ost important marketplaces” ae vi he | ha . Septembe Queen Elizabeth If leaves prayers were offered for the Prince Charles ts behind his | steel strike, of the troubles of 489,200 shares. Texas Gulf Sul... TB 29mouncement breaks the (CUT) PIER ANGELI .... . band Vic Damone, greets t had the boy since September, .6t. Lawrence's pafish church health of Sir Winston Chure- mother and Princess Margaret, | the British pound and of a U.S |phur, up 1% at 57%: Pan Amer- briefing down into four main italian actress arene sulipeasa' b eee now will have visiting beret ising, Norfolk : ’ : : : opics’ ; , who won custody er . ome, su / e at Castle Rising * hill. The former prime minis- the Queen's siste:, is at right. gold outflow. ican World Airways, up 1% at 1. Marketing in Quebec; ine "Perry, -9;-im a bitter custody hand. At right, they talk with — -

2934; ‘General Motors, off 2 at

England Sunday with the pas- The stock market completed a

tor, Rev. T.R. Coleman, after ter’ is gravely ill at his Lon- (AP Wirephoto via cable from series of nine straight sessions 96%. and Sperry Rand, up. at cluding the question of design- fight last week with ex-hus- newsmen. Danone, who has morning service at which don home following a stroke. London) when more stocks advanced 145s ing appropriate advertising ~ 7 - JENKINS . than declined, although on two The five-most active issues on Strategies for French Canada. 4. The use of two languages! industrial development plans . = e |of those sessions the margin the American Stock Exchange | Personne! administration, in business communications and objectives of the govern- Moving & Storage ; was so small that the market were including such topics as collec. Speakers and panelists, will ment of Quebec.” $ ic ou oun conomy was really mixed Syntex, up 5% at 75%. Great tive bargaining in Quebec and include both French - ‘Canadian Mr. Thompson described the | atl aN The strength in stock prices Lakes Chemical, up at 3%; | executive selection, training and and English-Canadian business- meeting as a ‘‘special look at a “ SMART MOVE . was atiributed to reinvestment | Goldfield, up % at 2%; Royal promotion. men. Gerard Levesque, Que- particular part of Canada” aris- | , e . of funds from large institutions American, off %& at 4; and D. 3. Financing business expan- bec'’s industry and commerce ing from the interest expressed —_Cc H whese supply of cash was {at- Kaltman, unchanged at 514. sion in Quebec. minister, will speak on: ‘‘The by business people. as eW { ns | e tened by year-end selling. ee ee As the week ended, it was re- : ported that U.S. industrial pro- SEIT SOE =. weeeneeencu ne ‘

Last week; Canadian Pacific duction roge sharply in Decem- |

nounced in November the com- Railway placed a $5,000,000 or- ber from November, the biggest |

HALIFAX (CP)—The pulse of the pany will build a muki-million-

Nove Scotia's Pictou C . $ , ber n Nov — measured by a iriving dollar plant that will eventually der for 150 mechanical refriger- |gain being in automobile =ro- | toal industry, has again begumr|employ 2,000 persons: +ator— freight-—_cars with the! duciion

President Peter Munk of Tor-| Hawker Siddeley Trenton steel Early in the week. the latest

eo quicken with transfusions of planned expansion and develop- tment.

Coal mining, which one time

‘onto said *the plant will initially | plant, proyiding continued work figures on weekly steel produc- employ 600 to 700 people andj for at least 1,200-1,500 men., The | tion put this a‘ the highest level the first phase is expected to|order followed earlier contracts | in five years. Much of this was made the province's third larg-|be in operation in April of this for rail cars in 1964 and a deci- attributed to hedge-buying | in est county an important pro-|year. The proposed employ-|sion by Hawker Siddeley to en-|view of a possible sieel. strike. ducer of fuel and power, is only |ment figure of the electronics |ier production of new lines, in- | Production in the auto industry ® meagre remnant of a power-/firm is considerably higher | cluding railway tank cars,|hummed along at a fast clip. | ful primary industry which was |than the total of 541 persons | which opened up 200 new jobs. On Thursday it was reported the economic mainstay of the |now employed in the county’s| And L. E. Shaw Ltd., manu- | that the U.S. monetary gold re- grea’s 43,000 residents less than four operating mines, and the facturers of bricks and precast; serves had sunk by $200,000, {5 years ago. planned employment cf 2,000/concrete construetion materials | but this was largely ignored by Now the slipping economy is |equals the number of miners | announced recently a $100,000 | the market, which puc on its being shored up by a variety of | working in coal pits at the peak | expansion of its plant, at New | strongest performance of the ttew and expanding businesses, |o: the industry. | Glasgow. | week on the following day. while existing industries like| Just 35 days later, Premier| Meanwhile, a proposed multi-| The Associated Press average | the steel plant of Hawker Sid-| Robert ‘Stanfield announced on | purpose causeway across Pic- | of 60 stocks advanced 5.3 to an deley Canada Lid. at Trenton behalf of the provincial govern-|tou harbor would eliminate 8 | historic closing high of 382.7 are nourished by new. orders|ment and Scott Paper Co of | transporiation problem between | 332.7,

that two major industries will joeate” in Pictou County have assured the region of revenue

county's largest town —wifh

a jan 1&mile trip around the arms} ended Sep. t2, when it rose 5.6 population of 10,000. Scott Mart- |

of the harbor to the eastern | on news of Chrysler's settlement

employment to lace | times Pupp Ltd., will begin con- | towns of New Glasgow, Stellar-| with the United Auto Workers waning coal production “lar. struction in the spring and the |ion, Trenton and Westville. The | Union: tone Sound Corp. Léd., manu-| mill will inject about $16,000,000 causeway would reduce the tHe Dow Jones industrial

|amnuaily. and 350 jobs into the ‘journey to six miles for both average rose 8.55 to..801.15;@

phonograph equipment, an-| county economy. railway and automobiles. level just below the historic closing high of 891.71 reached Nov. 18. |

| Volume for the week was 28,- 149,370 shares, compared with 23,334,940 the previous week. hk was the largest since the week ended Sept. 26, when 28,566,200 shares were traded Gold-mining stocks sank early in the week on news of a drop ‘in the London gold price but they recovered ‘n later sessions. Cigarette issues made progress

Canada’s Share Of Trade Reported To Be Declinin

tre from Canada’s 1964 trade | ing will have to supply most of inet Owens pe otter eaten fee ee needed in| on publication of a milder-than- ormance. Exports last year | Canada in -70. than $1,000,000- (Recent government _ state- . 000, the biggest ar bo year | ments have indicated this al- In 1000-63 Canadian exports of + ye | is the~policy line, in gen-|™@Nufactured goods rose at an gain in history ao ey oe in the |2ubual rate of 21 per cent. That The council wrote this pre- eral, for Canada ae pa’ otintions |™@4Y Teveal a turning point, scription: | Kennedy roun negotia said the council. the|--4 complete shift in empha-|im Geneva). | Another major factor is that “hasrgis is needed in Canada’s com- | por icy REQUIRED |Prices of manufactured goods mercial policy, as enunciated) iso required, said the coun- | bave risen faster than those for by the government, said the|.i) are “effective policies and | ‘@w materials. council. efforts designed to improve the For Canada, the result -has The aim, should be to win bet-| competitiveness of the econ-|been that her ratio of export ter access to foreign markets | omy particularly in the areas|Prices to import prices meas- for Canadian manufactured | o¢ more highly processed and ved from a 1953 base dropped products and highly-processed | manufactured products |to 96 cents in 1958 and slipped raw materials, instead of con-| “Consequently, increased em-| further to 92 cents by 1963. centreting as in the past.on tar-) hasis must be given, as a| NEEDS MORE EXPORTS iff breaks for raw materials. {matter of high priority, to in-| ‘In other words, Canada now Elsewhere in its report the | qustrial rationalization and spe-| needs more exports fo pay for council noted that manufactur- | .js1jzation. a given volume of imporis. “This will involve greater; There are many (factors he- technical efficiency and higher | hind these shifts in the ~struc- productivity in manufacturing, | ‘ure of international trade. and particular attention to| For Canada, the result has methods of achieving, in Can-|important has been what the) ada, higher stages of process- | economists call “materials sav- ing of raw materials. |ing.”” In other words, many na- “Furcher, Canadian prices tions now can produce more and costs must be kept in line,| With less raw material. In the at any given exchange rate, | United States, in 40 years in- with world prices and costs for | dustrial output has grown twice

goods entering _ into interna-|45 fast as the consumption of raw maierials.

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“he Seal also said the 8a i9 | “private institutional and psy- | } chological parriers'’ to higher |3 BRANDED INSPECTED 3 , ot ee k it’s wi hen Volk i ills. mut be cede a § DE EAKS3| You know it’s winter when Volkswagens start passing you on hills. direction: ; GOOD OR ; ~ within Canadian industry of |}@g) AS Bee | . ‘ and _lepeadive mat- | Unless, of course, you're already driving else gets stuck in the snow. They need a _sense as having no-radiator, no water to as ae . competitive, ex- one. push boil over, no water pump, No rust, no antie 4

DEAF?

Then you know it's winter when you start Well, that's our way, foo. Only we let freeze and no big gas bills.

straints; where they exist, on] INSTANT HEARING : | the engine do the pushing. Not | If "t like hi *. the competitis possing everyone eise. 9 pushing. Not people. you don’t like pushing and you haven't’, “bilities of ‘Canédion oubeitt were T EITHER In the winter, a Volkswagen goes where We put the engine in the rear with its got any pull with a tow-truck concern, @ i.

(et, Sonten « sented stain dente ta tte others fear to tread, weight over the drive wheels. So the back trip to your VW dealer is a. good -—

=Wigvenee trade. promotion] 175 here! What you. have Because the Volkswagen tread gets more wheels make the front move without the idea. ‘

industrial \ ible hearing aid, nothing traction. help of a driveshaft. Or you con forget it. A ~

Statistically, the coune!! either ear, né earpiece ir y' ) get it. And placed Canada in this position: fitting of a kind. Wear You know what happens when somebody We think that mokes sense. Just os much’ we'll pass, C

of oink petld toperts. ieped 00 Ce Creme end to em 4 a Ie? ic Sa” om 48 om ely, “ee rm ae : ‘¢ Se ee ee oT om ie goods rose 66 per cent in 1995-6 - Ses her ai td a -$ Se me, ee, Soa. hearing, “a new deal for the ws Se

| pire 3 deaf. Prove this ciéim in A ' — mre + your own home FREE by a Z %

tn. 1663, Canada boosted See . e °

her exports of primary materi- ——_—— — = «= ’ : :

oer ent bad one th the Martine ears ; St. Peter's Road, Parkdale — Box 1055—Tel: 4-6563 AU ee POPE MOTORS, BOX'937 SUMMERSIDE TEL. 6-3117 od

. a ‘i cap 3 Se. ‘ ; ; hae ye . ”