BRIDGE

A plain clothes CPR police- man scans the Inter-provincial Bridge linking Ottawa with Hull. Que. Nine CPR police-

Republic St

f. _ t. -- CLOSELY WATCHED

men watched the span around the clock throughout the East- er weekend after the Ottawa Citizen was “tipped” that the

eel Boosts Prices

becois.

As Trend Continues In U.S.

NEW YORK I'APt—Republic reflected in a report of the Steel Corporation Monday be-iAmerican Iron and Steel Insti- camc the first. major U.S. pro-ltute that the industry‘s produc-

ducer to join In selective steel- ‘ tion last week was the heaviest ment.

price increases.

1

The BCLIOH by the third-larg-'2,464.000

est steelmaker came soon afterllth consecutive weekly ad. a . congressional investigau vance.

tion of steel prices, profits andl production problems was ‘

There still was no word from[ U.S. Steel Corp, No. 1 prOdu-i cer. and Bethlehem Steel Com-i

President Kennedy. vacation- ing in Florida. was reported‘ conferring with advisers to de- termine if the latest price in-. creases were within his sug- gested “public interest" area. ‘

Republic. citing increased pro- 1 duction costs since the last price '2

(“Ha price advance since 1958. Re- dered‘ lpublic said:

it three years. The output of. tons

Emphasizing that it hasn't had

clined since that time while dur-

1 creased substantially.” .‘Scm‘k‘d three days later-

‘ This time Kennedy has indi- , . catcd he would not. oppose selec- It mentioned five labor-cost five price increases but can. industry and the ew against ac- ion which would lead to a gen-

CITE LABOR COSTS

increases totalling 50 cents an finnpd the

hour since 1958. Ste It sai the “existing profit t

squeeze" had forced it to cut its eral increase.

l orkers union

bridge would he. dynamited by 'the Front de Liberation Que- (CP Wirephoto)

'dividend by 331.4 per cent to con- i iserve cash to pay for modern. ization of its plant and equip-'

> Wheeling's action in initiating

represenmd the‘the increases came a year to. the day after U.S. Steel Corp. ' ordered an across-the-board. $6- a‘ton increase. This aroused the anger of President Kennedy and [the pressure he exerted. along “In fact, such prices have de_ ‘with she decision of some com- panies not to go along with the

anY. No. 2. on their intentions. egg the same period cos“ have raise' resulted in it being

By FORBES RHUDE Canadian Press Business Editor

Business reaction to the elec-

tion is not something that can up in punchy phrases or tidy tallies.

Its reaction. rather. will come in the weeks and months ahea as business confidence in the government. and what the gov- ernment is doing. rises or falls.

If its confidence rises. and if the international economic sit- uaton is reasonably favorable, then a period of decision-mak-

doubtful list presumably .get a go-a'head sign.

.’ Some observers, in fact. feel that a period of confidence is all that is needed to set off a new round of capital expendi. ture to meet expected demand of the later 19605.

No UNANIMOUS REACTION

Whatever the reaction. it is unlikely to be unanimous. for the voice of business is rarely lunanimous. Far-reaching. deci- lsions that may help the econ- }omy as a whole are likely to llhurt some segments.

crease in 1908. said it was making selective price increases averaging $5.34 a ton on carbon- ‘ steel products. .

It thus fell into line with Wheeling Steel Corp.. which in- itiated the increases last Tuwl day, and Lukens Steel Com-‘ pany, which followed Sundayd Wheeling is ranked 11th among 3 U.S. producers and Lukens 20th. ‘

Pittsburgh Steel Company. No. 14. followed Republic Mon- day by announcing price in- creases averaging $5.50 a non.

ANNOUNCES INQUIRY T e. congressional inquiry was announced by Senator Paul H Douglas tDem. 111.). chairman1 of the Senate-House of Repre- sentatives economic committee. ‘ He said hearings will beginj next week on steel prices, prof- ; its. production. unit labor costs. raw material costs and the lm- l pact of foreign competition. . Douclas added that the heard lngs will be conducted in "ant impartial and factual way" and‘ will seek to produce "an in.- formed View of the problem." ; The demand for steel. spurred { by buyiurr :is a hech against a ‘ possible strike this summer. was T

Boy Makes Walk 1 In Record Time

DARTMOUTH. NS. (CP) —— Trevor Giddy. 14, foot sore but not sorry, arrived home here Monday afternoon after a 65- mile walk from Truro.

Giddy covered the distance in 16 hours and 23 minutes some two hours faster than the record previously claimed for the same route.

Three companions who start- ed out with Giddy dropped out along the route after varied complaints.

Giddy who admitted he wouldn't want to do it again; “for another five years" said; he made the hike “just for kicks." ‘

HAS MOST POWER

The United States leads the world in power production with 810.000.000.000 kilowatt hours. The European Common Market

CONGRATULATIONS

To . M tI c S W A | N ‘ 5‘ Sales 8. Service MORELL Appoint-ed Associate Dealer HILLSIDE MOTORS LTD. From

Maritime Motor Supply Ltd.

38 St. Peters Rd. Phone 4-3213—4-3214

CONGRATULATIONS

to

MacSWAIN'S

Sales and Service

in More"

has 255.300.000.000.

on their appointment

, GOOD

j Lucm

, To

i MacSwain’s : . Solos 8: Service .

Morel

As Assochte Dealer ’eomiuuemm.

‘DATTaMoeRAE Milo M Into. mac. Cb’ton

as an associate doctor of HILLSIDE MOTORS lTD.

for Pm-Buick-Acadion-Vouxbofl and GMC Cars and Trucks

R. L SANDERSON

Morel St. Penn

A. S. MacSwain.

Business Vote Reaction To Come In Months Ahead

lng may be expected in which. many projects hitherto on ‘t’liifi'

Vice-President

To the extent that businesst Bond prices also advanced. ireaction to the election can belYVilh a Corresponding decrease . u med up. It seem be i “1 Current money fates. End this pretty well expressed by Carllwas interpflted II I SIS“ of ‘A. Pollock, president of the confidence Canadian Manufacturers Asso- While most business appeared eiation .to maintain a normal pulse fol- i He said manufacturers hoped ,lOWing the election. hearts beat .for a stable government with a ifaster in one segment—the ad- .working majority. but minority;Vemsmg agencies. where. say jgovernment need not

3 advertising writers, in change in tragedy if decisive leadership islgovel‘nmenl can be eXPECted to

NEW BOOK OUT

[)0 for Canadian Exporters."

The publication is designed. the bank states. to promote in- creased Conadtan exports and to offer advice to businessmen planning sales abroad. It com- ments. on potential markets for

e booklet was prepared by the bank in conjunction with the department of trade and corn- meme.

n " days of April. the wodthorbu- mu

Wuhkbdowmomd’ ' h‘MdNordm-nmwln) mm- mm“ " landhutflionredonurktoo unedint‘heextromonorth by the snow cover which remains inthcwoods. '

W l reporting the muonrln'NtcwmgI'Ialond is for half 01 Apr! it almost two ormal for the

first 15 inches. .

said. Ball an inch or less CAME FROM RUSSIA

has been recorded at Boston.

Worcester, pitmield and Nan- 'l‘he 18.000 Doukhobors in Can tucket. and less than one-tenth a“ are the emigrants —- and 0‘ ‘1' inch 't P” ce' 1”" and their dsoendantb—wtho left

gggmgamalf gum.“ in mm: Russia in 1898-99 to escape per-

ern New England for. the first secution.

All the Best!

‘given and if minority parties lbrina a lame switching of sov- ‘put national interest ahead oerrnment advertising accounts. ipartisan considerations. _ The week'. iodicato" in. i As the week progressed. bus-;ciuded: iiness opinion appeared to gain! Current bulletin of the Cana- iconfidence that the essentialsgdtan Association of purchasing lfor stable government exist. ‘ ms; "The March survey of i The business community ovas'manufacmring and processing also relieved to see little in the industries showed only a slight election results to upset the con- {improvement over February in fidence of foreign investors. new order, entered, However, Stock market prices advanced production was reported. higher during the week. but this wasiby 3 Significant majority. In- ‘interprcted more as being in ac- lvcntories were unchanged. Em- cord with New York action than iployment showed a marked im- 'as an election result—although {provement for the second month any result deemed unsettlinglin a row. and prices were rea-

Mossachusefls’ Woods Facing Throat Of Fire

BOSTON (AP) — Massa- chusetts considered closing its woods Monday as most of New England neared the end of its fourth week without appreciable

‘1

am. A spokesman for the Massa- chusetts department of natural resources said more than 2

lto the Canadian economy pre-tsonably stable." sumably would have had out A compilation by J. R. Timg adverse effect on Canadian‘mins and Company shows di- ‘markels. vidend payments by Canadian‘

Senior

Mr. A. S. MacSwaIn. senior. has been serving the people of More" and surrounding areas with farm machinery for the past 30 years, and announces with pleasure his appointment as an Assoc- iate Dealer of Hillside Motors Ltd. Under the. management of his son. Norman. MacSwnin’s Sales and Service is now equip- ped and ready to serve you with fine General Motors products.

Service Manager

Emmett Elder-show

Wally Coffin Parts Manager

Mrs. A. S. MaoSwnin Office Manager

brush fires had been reported in the state since April 1. Con- tinued dry Weather probably would force state officials

MacSWAIN’S SALES and SERVICE

ASSOCIATE DEALER APPOINTMENT!

We are pleased to announce our ap- pointment as an associate dealer of Hillside Motors Ltd.,hoving complete facilities for sales and service of PON- TIAC - BUICK - ACADIAN - VAUXHALL, and GMC Cars & Trucks

To

MacSwoin’s Sales & Service More" Appointed ASSOCIATE DEALER. F

HILLSIDE MOTORS LTD. Robinson's Supply Ltd.

Wholesale Auto Parts 187 Queen St. Phone 4-8561

Norman MacSwain Manager

Norman has been associated with his father In the garage business sInce finishing high school twelve years ago. During this time he has gained wide experience In the sales and service field. and has now taken over the manage- ment of MaeSwaIn's Sales and Service. Norman will happy to serve you at any time,

USED CAR & TRUCK SPECIALS

I956

v-s motor. standard transmission. Snow tlres. radio.

s300

1962 MERCURY

I961 GMC

Model 070. 4 ton. Cab and chassis. Fully equipped with all heavy duty equipment.

31900

DODGE

SPECIAL

COMET

I955 CHEVROLET

MacSwoin’c Solo: ‘8:

new . GRAND

Fully equipped with radio, All tires

32000

4 door standard. I cylinder.

OPENING "Ecm This Is a real sharp auto.

J WSWAIN’S

SALES & SERVICES

t PoMIoc - Buick - Acodlon Vouxholl - GMC ’ ASSOCIATI Dram HILLSIDE MOTORS LTD.

mannarpmwn