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The Lachine Canal. 3 nine-mile w ate r w a y side—stepping the treacherous Lachine rapids in the

ISI. Laurence rive near Montreal.

intakes an exciting picture at lwrth

LACHIN'E CANAL AT NIGHT

boulders and cakes. The ice has

_ _ night : raised fears some l ships lights reflecting off icel vessels may be'

Gold Bars Suggested As

By RON ANDREWS

Canadian Press Staff Writer TORONTO (CPl—If you have

plenty of money kicking aroundI

and you don't know what to get as Christmas presents, how about buying some gold bars?

A Toronto stockbroker has been selling gold for the last month with a downpayment of only three per cent.

John Rogers, 3) a r t n e r of Doherty Roadhouse and Com- pany, has been selling gold on margin in the same way as stock [hare-s may be bought.

The gold is available in two sizes. The more expensive is a kilo lbar, weighing approximately 32 troy ounces or 1.000 grams, worth approximately $1,126. A bar 0! this size can be Dir-chased for $34 or a little less dewn.

A smaller bar. weighing 400 grams, is worth $496 and can be bought for less than $15 down. - AMERICANS INTERESTED

Mr. Rogers says that most of the interest so far has been from American residents who buy the gold and keep it in safety deposit boxes here. A United States law _ lonbids any American citizen to 1; possess gold in the U.S. but al- '_ lows the person to own gold in another country.

Canadians buying gold, how- ever, are not compelled to keep it In a safety deposit box.

“You could bury it in your backyard if you wanted,” Mr. Rogers said. “We had one order from a person in Western Canada for six hams to give to his wife and five children as Christmas presents."

Mr. Rogers said there are other reasons flor Ibuying gold, the main one being speculation.

RESTRICTIONS LIFTED

Ever since 1956 when (the Cana- dila'n government made gold a freely - marketable commodity which can be bought. sold, held imported or exported without a licence, Canadians have been able to take gold to other coun- tries.

If you were to take a bar of gold to England, for example, you could sell it provided you re- ceived either U.S. or Canadian currency or the equivalent in pounds. Canadians can also take gold «to the U.S. but American cit- inem would not be able to buy it because they aren‘t allowed to own it in the U.S.

Mr. Rogers said his firm is the

only brokerage notice in Canada

So easy — no soft ball

CARNATION 5

EVAPORATED MILK 12/3 cups granulated sugar 1/2 teaspoon salt 11/2 cups miniature marshmallows

BAKER’S CHOCOLATE CHIPS

lteaSpoon tamlla

l2 Cup chopped nuts

_-_—_—____— -—— F-____...__-— _.

USE CARNATII

candy thermometer needed. And so smooth . . . thanks to Carnation’s double-richness —— a quality not found in (my other form of milk.

"from Contented Cows”

(makes about 2 pounds)

2.13 cup undiluted CARNATION

11/2 cups (112 S|>.-OZ. packages)

- __-—-— —-——-_-————--

I3 _— THE EYAPORATED MILK TH \T TAS’I‘ICH \IOST LIKE FRE

selling gold and Marty Road-

Fudge in 5 minutes!

Carnation is the secret— ordinary milk won’t do!

tests or

v. M I L . . "‘"I p wuusm “flail,

- - - _ — — _ _ C—f—--—

.MINUTE FUDGE

Mix Carnation, sugar and salt in saucepan over me- dium heat. Heat to boil- ing, then cook 5 minutes, stirring constantly. Re— move from heat. Add other ingredients. Stir 1 to 2 minutes (until marsh- mallows melt). Pour into buttered 9—inch square pan. C001. Cut in squares.

4??

__..—_——_——_-—_———-——-_-———-‘

SH (IRE All

Unusual Christmas Gifts

house is doing it for an “anony- mous client.” He declined to say

how much gold has 'been sold thus far.

trapped for the Winter in the can-

al. (CP Wirephoto)

GUINEA JOITWNG UN

UNITED NATIONS. N.Y. lAPl The UN Security Council voted

unanimously Tuesday to recom- mend thl admission of Guinea to the United Nations. The vote was 10-0. France abstained. The resolution to make the former French possession in West Africa the 82nd member of the UN now

goes befofe the General Assem— bly where approval is expected to be a formality.

‘ W'Canada's Economic Lite

Hinges On Foreig n Trade.

MONTREAL ICPI — Canada's economic p r o g r e s s has been steady. but it is disquietingly de- pendent on foreign trade in gen- eral and the Unitet‘ States in par- ticular. says the Banque Cana- dienne Nationale.

The bank's monthly newsletter says that except for some regions —such as the Mlaritimes and the North—all Canada has benefitted from a boom that started after the Second World War.

Production has increased five times since 1946 and Canada has become a world economic power. The Maritimes and the North have not shared this prOSperity because of lack of natural re- sources and lack of communica- tions, respectively.

TWO MAIN FACTORS

The expansion, says the bank, was caused mainly by two things: Technological advances and the nearness of the United States.

Technological advances made the ex p 1 citation of Canada's abundant natural resources eas- ier and cheaper. The U.S. pro- vided capital.

Without foreign trade, national production would never have ad- vanced. Exports of goods and services accounted for 20 per cent of Canada‘s national revenue in 1957, while in the U.S. it no counts for only five per cent.

That year the value of Cana- dian foreign trade was more than $10.000.000.000 with exports total- ling $4,934,000,000 and imports $5,623,000,.

Almost 66 per cent of this busi- ness was done with the United States. Add the 12 per cent done with Great Britain. and you find that Canada‘s foreign trade is al-

0 AT ALL PRICES O WARM

O PRACTICAL

O DRESSY

0 FOR ALL THE FAM- ILY

The Home Of Good Shoes Since 1920

YOU MAY NOT B

IN OUR SHOES ON CHRISTMAS MORNING

But You May Be In Our SL'IlPPERS If Someone Presents You With A Pair From Our Extra Special Stock.

SLIPPERS

FROM

LePAGE'S

O FOAM TREDS O PACKARD O OOMPHIES O PUSSY'PAWS O TRAVELITES

DIAL 4748 I We Deliver

JIG S

Makes every kind "I c and metal.

Here’s 7 sa _ job or home-shop proIe

curves, for inside cuts}

$22.98 '

shapes (makes

FDMUV'

ws In one—Io speed every odd

cuts 2 x 4’: In seconds.

. ' ’3; — '9 w w v x * 0:»:*:~’v:.:v:»:w:«*«:»: * I r a. s, . o~o economics-s V “EDI. a oneoaosoooeouo {pi-a wugmw % cfié‘éw$av2OONIOIOOOfi£$._9_&.‘,‘;_u. fias’w‘ $wlfififi‘&1_.§g..‘gaafl “- 13$ M in t V. ‘ ‘ FELY AT CANADIAN . SAVE SA RE . a e a ' CHARLOTTETOWN STO “*3? gm ICE HAVE NO EQUAL“ "WHERE VALUE AND PR \ {twang REDUCED! PORTABLE 1*

AW

“Pin wood, plastic

ctr—neuter, too. Cuts its own starting hole

OSCILLATING I

rful—at bigger “can? Ii

it

most cutircly dcpcutlcnt on these two markets. with the U.S. lead- ing by a long 51.01.

NEE ‘ED T"OR IMPORTS

The U.S. is more necessary to Canada for imports than tor ex- ports. the bank notes. It took only

44 per cent of Canada's exports in the 1946-49 period but furnished 72 per cent of anada's imports. Things improved in 1955. when the U.S. 'ought ti per cent of Canada‘s expo;ts and furnished 78 pc cent of the imports.

However. the U.S. has recently re - imposed quotas and restric- tions on Canadian exports of non. ferrous metals such as zinc. cop- per. and lead to protect its own producers. This could lead to a worsening of the trade balance since non~ferrous metals are sec- ond only to wood products. pulp

4 per cent of Canada's exports in‘

exports.

In 1957. they accounted for $1.- 006.000.000 of Canada‘s exports. .rcpresenting 20.8 per cent of the ltotal. Wood products. pulp and .paper accounted for $1,456,000.- 000, or 30.1 per cent.

trade is desirable. but it is hard to shop elsewhere when the U.S. is so near to Canada and when Canadian tastes and needs were so like those of the U.S., the let- ter suggested.

INSURANCE INCREASE

TORONTO lCP' —— Car insur- ance is going up in Ontario next year. The A114 anada Insurance Federation said Wednesday rates for fire, theft and collision will rise an average of two per cent throughout the province.

IF YOUR GU

IS LATE . .. OR MISSED

ARDIAN

DIAL

missed.

and a. paper will be delivered right to your door. Special delivery service available betwoen 8:30 sun. to 9:00 am. if your paper Is late — or

656T

'ED'S . DIAL

[73 Great George St.

For the Fastest Service in Town, Call

Ed’s Slogan: “To maintain the goodwill of those whom we

serve — the goal for which we strive!"

TAXI ~

6561

Charlottetovm

The Guardian. Charlottetown, Thur., Dec. 11.

New Truck Line

IRolls-Royce Company

1958 17

Ill Britain.

R. B. Bradley, president of In.

. . . . .ada announced Wedn sd ' th I. and paper as (.auada s prmmpal- C a‘y '3 a

ternational Harvester, said seven

models of International hoary- duty diesel trucks -— with gross weights of 30,000 pounds and over —will be manufactured at Hamil- ton. These will include trucks for transport. road construction. ce-

Planned By IHC

OTTAWA lCP' —— ’i'lIe lnlcrna- lional Harvester Company of Can-

new line of heavy-duty trucks is

Some sort of diversification of ,

to be manufactured at Hamilton with engines imported from the

m: t mixing. logging. quarrying and other jobs.

mining,

Give A 1958 PHILOO REFRIGERATOR

Give Mom happy hours of new freedom from household tasks, with a 1958 PHILCO RE- FRIGERATOR. Her eyes will gleam when she sees this refriger- ator beside the Christ- mas tree . . . plus you get FREE 8 Sunbeam Hair Dryer valued at l

zzgmszrzztangx’zvg-gmgzigzag 75239;? 2.2.3.3131}:Eiaal'srazzxaztgmbaz

PLUS . . .

FREE

with every Philco Refrigerator that is sold from Dec. lst to Dec. 24th 'the purchaser will get FREE 3 Sunbeam Hair Dryer valued to $30.

DOUGLAS BROS. & JONES LTD.

155 Kent Street Dial 6565

nicknames-m;zxfimrsma'zvcmczmcrec-(Kwanzaa:

BUY CHRISTMAS GIFTS - A T COST AND BELOW!

' GIFTS FOR EVERYONE — ALL ON SALE! '

HURRY! For Men's Lined

TO 3.95

To 39.50

$14.97

REGULAR 3.95

$3.49

31.49

MEN’S WORK

FLEXIBLE

‘ fsuper-Soll Electric Grill

Ideal Ion car bodies. eliminates score-nu tin; and polishing i assorted sandpaper

I

l I

.f Easy ' Smooth

,5, a well as !

f Fits any f Fast

lumitun. Foam rubber 5” pad or lines. Use for final .DIII- ending. Complete WIN! 5

cement.

boat: or ,k._ IVIOIII

dim and

, STEWART CHARLOTTETOWN

CANADIA

CORPORATION & MacRAE LIMITED

N TIRE LIMITED

I puONE 8569 -

‘ —- . more powe ' fi 3:559. Olfigivlal motion splesedslavzgzlé, ‘53:“, t'figfigfia I . ’ I K . ,, laun-S‘I‘ootlghglfh I: meet sanding _ surfalcce I}? #343 ' \IC: 0mm 4‘; lbs. Canadian Tire vau (figwfi ' veighsoy/ ’fi‘gg 122.98. : g 32 ‘3 $ 2 98 33:95on 'aéafis \ ' a e ‘TI'ILT ARBOR BENCH SAWS $29.95 it??? v - FROM g Lg TILT TABLE MODEL iii” We now carry the famous man _ g 4 “BEAVE " Line of Power Tools.

$6.97 Men’s ‘AND 0 II E R O O A

TO 39.50 BOYS" PLUM

$1 .79

DRESS GLOVES

$2.49 and $3.49 MEN’S SUITS

ME’ EV 4'

WORK SHIRT

MEN’S DIAMOND

DRESS ‘SOCK

JACKETS

HEAVY LINED — TO 10.95

Topcoats

$15.00 and $20.00 ; OOMBNATIDNS

Your Share.

ANOTHER SHIPMENT MEII’S SUBURBAN

OATS

Black, Blue & Grey Checks TO 24.50 '

s14. NEWSHIPENTS

LIS’ Winter Coats

VALUES

TS

OPEN

$19.47

OTHERS 24.47 1-“— LADIES’ WOOL CARDIGAN

SWEATERS

A LARGE VARIETY OF SHADES. SIZES 14 TO 20 — SPECIAL

.32.

NEW PARTY

ARRIVING DAILY FOR THE HOLI- DAY SEASON — PRICED FROM

$6.95 to

m U 0 U S E O O A T S & LOUNGING PYJAMAS

VALUES T0 14.95 — SALE

$3.97 &

‘ NIGHT TILL CHRISTMAS

Ask Your Friends About the Tremendous Bargains They ~ Have Been Getting At GREENDAL’S — Then HUR‘RY!

BOYS’

CAR COATS

TO 12.95

$7.97

MEN’S DOESKIN

Sport Shirts

REGULAR 3.50

95 $2.97 + ON ME DAILY

CHIDREN’

SNOW SUIT

Sizes 2 to 6x VALUES TO 6.95 -- SALE

$4.97

LADIES’ PULLOVER & CARDIGAN

Sweaters

Values to 5.95 — SALE

$3.97

" New Scarves

in nylon or wool. Special for Christmas. Priced from—

.89 to 31.95

m Children’s Flannelette

Pyjamas & Sleepers

PRICED FROM

TO 49.50

87

$19.95

V $8.93

EVERY

m Values to 99.50—LADIES’

BORG COATS J ACKETS

$4.50 to $59.50

$1.49 to $2.95