QQILQ ‘ha;

Ixnn‘;

G-"pw - ~ ~----~.'—"-.'.~.~r"-

Central Guardian Locals lie per 2o per word; Announcements

and Appreciation. Mo per inch

Other rates

lAdvertising liates—i'ayab|e In Advance i

Minimum Charge For Any Advertisement 26 Centa-

word; Western and Eastern Locals ' and Coming Event: Sc per word;

Classiﬁed 3c per word; in Mesnoriam Notices 84c per Inch; Lists of Floral and Spiritual Offerings, Cards. etc.. 5o per name; Letters of Condolence 84o per inch; Wedding Engagements 40 words fur 81.00 and 10 cents for every additional 3 words; Notices oi‘ Thanks

<1 .,,

tions. 48 cents per inch; Address and Presentation $1.00.

or 5c per word; Lists of Subscrlp-

on application. '

foiiSalo

FOR. sane - Iurxen aantn Stephen Hughes.

and Oats. Bradalbane.

FOR. slit; - one BOX suntan Murray Orr,

in 800d condition. New Glasgow.

eon sans _. ONE nun. nmv- ers or jockey change Store.

FOR 5H2 - v.36» SLEIGH

and Box Sleigh. Apply to P J_ Sentner Forge.

FOR SALE bred. forty to fifty dollars Don- aid MacKay, Bradalbane.

kroTtEliisv-“zﬁﬁr? r. 55min.

ary Engine, also 2 potato graders.

suit. Apply Ex-

FOUR. SOWS.

I iiein Wanted

WANTED - MAID. N0 WASH- irig. Apply 140 Rochford Street.

WANTED _ nooscxEer-siicwiis country, one adult. Write Box 767 care Guardian.

WANTED - GIRL F011. GEN- eral housework. Apply High. field Cabins. Wlnaloe.

Wanted

prices. Fast service. Phone 2208 Maurice Block 6r Co.

WANTED - ALE BOTTLE! Highest prices paid. Fast pick- up service. Phone 2542. Evenings 1107. Michael Bros.

new. Howard Cudmorc, Brackley,

PM‘ unwrap __ a NUMBER or ' horses 57 inches and under

culnttir) 1.. gQQd wndmon_ cheap‘ I Apply Wellington MacNe-illls

Apply 88 Gerald St. Phone 1296-1... FOR SALE - FOUR SOWS,

bred. forty to fifty dollars. Don- aid MacKay, Braclalbane.

FOR. SALE - 5 GALLON COFFEE Percolator. 1 Jacket Heater. 1 Pair Wahl Electric Clippers. Apply \Vortl1's Barber Shop. 237 Queen St.

To- Let

('0 LET - ONE BOOM. 169 Prince Street.

GARAGE TO RENT -- APPLY 251 Queen Street.

nooM T0 LET _ rnoxn ins-i. or G5 Prince st. llarsﬂrunks For Sale

ion sate; _- 1941 s-mh Fﬂfd, 0000 miles. Apply Elmer Carr, 314 Fitzroy.

Room 8. Board

BOARDERS ACCOMMODATED. Phone l44l-J. or call at 112 Cumberland St.

TRACE!) THE CALL

PLYMOUTH, England - (Cl?)- Receiving a telephone call from a woman who said “Plczue come quickly, I've 10st. my memory." Plymouth Police quickly traced the tall and found a woman waiting.

Stables, Buntain and Bell Nharf.

Lost Found Strayed

LOST — SHALL CHANGE PURSE | containing eight dollars. in Holy i Name Club. Tuesday night. Find-

er please leave at Guardian Of- fice.

BICYCLE FOUND, ST. PETERS Road, East. Royalty. Owner may shave sum- by identifying and

l paying for ad.

Page!

FOB NEURALGIA. LUMBAGO. Rheumatic Pains. Chest Colds. apply l-leat Penetrating Glory Oil At your Drugglst.

Reward.

i i

ASPHALT SIIIIIGLES

Dressed and Rough Lumber MncDONALD 8. ROWE ‘Woodworking Co. Lid. Phone 341

l ___________

QUICKIES

By Ken ‘Reynolds

WANTED - BEER. BOTTLES. Hides. Iron and Metals. Highest

"ftivIn, you look fatigued-was there that

i" l-‘Jcl/s Guardian Want Ads?"

many jobs offered

‘day week the aggregﬂi-B W55 5-’

blew York Exchange

i__

All Chm Am Car Am Smelt . Am Tel

Am Water Anaconda .. Atchlson

Baldwin .

(alt-o >4;- l || s s s-cn use

Beth steel . Boeing BOYS Briggs . Caterpillar . C and O .. . Chrysler . Col Gas .. .. . Com and S . Cons Ed Douglas .. Elcc Auto Lite ,_ Gen El Gen Motors Goodrich Goodyear Gt Nor Pfd Hudson M lnt Pap .. . Int Tel .. J lilnv .. Kenncc . Montg Nash Kel N Y Central .. N Amer Penn R . Pepsi Phillips Radio Repuh Scars R .. Simmons . Socony S Pac S Ry . Sperry .. Std Oil NJ . stone and W stdbkr Texas Union Pac Uutd Air . Untd Corp U S Rubber . U Steel . Vnnnditim Warner .. Wcst Union . Westhse El Willys .. Woolworth Youngstown .

N. Y. Stock Market iias Quiet Session Following Snow Storm

Galll-"CIUQUIUIT-bl-le-lb-lb-liaio-ll-i Laouns-eanaaaonanmnrnwa

“it u woucg§a§ﬁgs

NEW YORK. Dec. 23- (AP)- ln addition to tax selling and other troubles, the stock_ market last week had to contend with the heaviest snowstorm in New York's history. -

The final short session of the year was handicapped by staff shortages on the exchange and thﬁ descrtion of boardrooms by most customers due to tranSPQTi/Mm“ breakdowns. '

Prices were fractiorially mixed and the ticker tape srequvntlv ldl! 1n the day's operations. Transfers of 410,000 shares compared, with 300,000 the previous Saturday, a top since last May. Ind W?" 3 10w since Nov. 29. For the five-

335320 shares against 0,941,531 in the previous six-day stretch and was the best for a simlar P911115 since that of Oct. l8.

Among the day's modest Baill- ers were Bethlehem Steel. Good- yemq Chrysler, Woolworth. Boe- ing, Western Union. Nvrlh N" erlcau. Consolidated Edison. An aconcla, Kcnnecott Du Pont. Philly Morris, southern Railway. CM!!- peake and Ohio. United Air 1.11193 and Paramount Pictures. Cana- dian Pacific Ruined 1-4-

In the minus column were U5 steel, Studebaker, U. s. Rubber. Goodrich, Firestone Tire, sears

,s We Cleon Qt? OVERCOATS Phone 2448

.the defence services and

Business Levelling 0ft in United States

NEW YORK. Dec. 26 -fAP)— The National Association of Pur- chasing Agents said Saturday that business ‘gas been levelling ofi‘ in the United States during the last month following an upswing which

peak in November.

A report of the Associati-nb business survey committee, to ap- pear in its Dec. 31 bulletin, said the number of purchasing agents reporting increased sales and p.0- duction declined in December, there was an increase in the num- ber maintaining n blah level. rid only nine per cent reported a de- cline, much of which was sca- sonal.

The purchasing executives said they expect business to continue good for the first half of 1948, but some believe there will be a tap- ering oif in volume by the end of the second quarter.

Britain Attacks Dollar Shortage

l 2-

LONDON. Dec. 23 —(CP) crisis atmosphere overhung the British economy durlnE most of 1947. Lack of coal necessitated a temporary stoppage in many trades in Peburary and the dollar drain forced the government to revoke free convertibility of sterling a few weeks after it was conceded July 16. Both events brought to light the narrow margins on which the British economy ls working.

Essentiall they resulted from the exhaustion of critical comm- odities and currencies and brought about. tighter austerity and controls. smaller imports. lower capital expenditure and a second "anti-inflation" budget. Toward the

end of the year some progress had been made to reduce in- f lationary pressure but success

was not yet assured. Physical volume of production

began in August and reached s ‘

‘Till lllllllllllli llt5llll llF All

Elllilllitlllllli PRINCIPLE llllil

ASSIIRES lillllitll llillllll llli ... llml llllill Trucks llava All!

"one" coagulate“

increased in 1947, but ln face of

plant and ,labour limitations _ _ _ , further output increases depend on T1118 pﬂllﬂph l8 higher productivity. Thanks to “OIL

continued foOd subsidies, indlces of living costs and wages advanced only slightly, but higher import. fuel and transport costs raised wholesale prices.

Industry experienced no diffi- culty in meeting new capital requirement/s. Bank advances in- creased in line with expanding business activity and r5108 W1C"- but the note circulation declined from August onwards, thetreasurys floating dept was reduced sub- stantially, and gOvernmcln borrow- ing generally was on balance much smaller than in 1946. The demand for credit thus tended to shift fromrtile public to the private SPCLOX‘.

Because of additional cuts in above- estimated receipts from extra- ordinary sources. the estimated 1947-48 budget surplus of 263.000.- 000 was obtained by November. Although the exchequcr will thul end the fiscal War with a big surplus. the autumn budget pro- vided for an additional taxation of approximately 250000.000 by March next to mop up surlplus purchasing power.

Psyiioiogicai Factor

The inflationary pressure. how- ever, is partly psyhological and cannot be stemmed by taxation alone. Its chief material causes are found in credit expansion. partly in consequence 0t the in- flux of the United States and Canadian loans, accumulation o! liquid funds in connestion with pending capital expenditure sch- emes, and gains from the realizat-

Roebuck, International Harvester. American Telephone, Westinghouse Electric and General Electric.

McIntyre, down l. and Hiram Walker, off 5-8, were easy in the Canadian group.

The Associated Press Bil-stock composite on the day was unchang- ed at. 64.9 although, of 754. issues registering. 3'70 fell and 17d. rose. The index for the week was of! .5 of a point, first dip since the

NEW METIIOII BLEAIIERS

week of Dec. 6.

changed.

on a with weigh, steers 010.75.

Bonus Built . .

‘ve Ford Truc

OIOIIAIY 710G

xtra strength in ev strength provides W pay oﬁ‘ in two important ways. First, these Bonus Built WORK RESERVES

Coming for 1948-0 brand new lino of Ford lonus luih Trucksl

Soon you'll see the ngreat new line of Ford Trucks-great not o y but because they are the amazing result 0f a time-prover: truck building principle.

because they're new,

Ford Bonus Built construe-

Every one of the new Ford Trucks for ’48 is

. designed and built with vital art. Tliisastra RK R SERVES that

ks a of use

them to? lmrgebe d permitting to an e oa s yon tilde normal call of duty. Ford Trucks

NatOlICQIsly.

-.bvlnJRAN_GEvvhenoJeli

are not limited to d one BK

Seconthtbeaesame

DECEMBER 29,’ 1947 ___.

ﬁéiéftliié

allow Ford Trucks to relax on the job . ._ . to do their job more easil , with lens strain

and less wear. Thus,

ord Trucks last

longer because they work mm easily.

lloloolkscviolnanldlﬁlyladnqsrnci

Remember, every one of 'I\'uclrs for '48 is Bonus Built for ongor

t Ford life

wider ...... Keep in when with your Ford

and Monarch Dealt new Ford Bonus Built

tosootboso

as announced. Don't settle for lei-got the

truck that's Bonus Built.

It's Fordi

FORD AND MONAICH DIVISION

IOII MOTOR COMPANY GP

ifsonus.

CANADA. IJMITII

‘Iﬂiﬂuhisloﬂdinedd sllslyﬁeﬁ-Isbsfslcﬂacy.

l} b"ﬂl Fad Diff’. Delllbn NQUl-knlayﬂvleaﬂli

moss roan ‘mucus in an... ‘IIIAIAIIY onus: m...

s, R. JOHNSTQN, no.0...“

ion of capital assets. Share prices failed to recover completely groin the shock of the fuel crisis but derived etrongth from inflation fears and higher dividends. ﬁxed-interest securities suffered from the widespread view that the government would have to modify its "cheep money" policy. Declared treasury policy in this respect. however, remains un- changed.

Compensatlon stock will soon be issued to nationalised transport enterprises. Uncertainties about the finance of nationalisation rs- strained many large investors in 1947 while small savings suffered from high taxation and economic uncertainties.

The balance of payments attract- ed growing attention in 1047. Until and unless aid comes from the Marshall plan. Britain must - in view of the exhaustion of the United States and Canadian loans, balance its foreign payments by raising exlpcrts. lowering isn- ports, cutting unproductive expendi- tures abroad. obtaining dollars from the International Monetary, Pond, and, in the last resort, using‘ her gold reserves. recently offici-ﬂ ally calculated at 26000001100.

All these remedies, including an" approach to the Fund and sales o1 gold. have been applied, but their combined effect has yet to be fully felt. Meanwhile. the dollar short- age remains the most serious problem facing the country.

Weekly Llvo Stock Market Review

____.

luminary

Livestock prices moved to higher levels on western markets during the week while eastern centres held fully study despite continued heavy receipts. Cattle were gen. orally up a cents to l0 cents in the welt while calves and lambs lllﬂ liwvlld Cfilllldiflbln gains. and hog prices remained un-

Ipllefn Cattle Marketa

Nearly 7,000 cattle were cleared ates market at ‘Toronto others

HIM In". Ind

lbutehsr steers selling at a" to Q14”.

wonderland"

st a range of $8.50 to $11,150, Receipts at Montreal were heavier and although trading was slow in getting under way, supplies were well cleared with some good lteers bflllﬂlng $14 to $15 and good butcher cows $0 to till and an odd $13, In the Maritimes. steers and heifers of reasonably good quality rallied up to $12.50 f. o. b. country points.

Western Cattle Marketa

Western cattle markets were very active and in most cases prices were ﬁ cents to 50 cents higher than in the previous week. M Winnipeg odd choice steers top- ped at $16. other desirable kinds made $15 to $15.50. while Calgary was active with some choice weighty steers up to $15.50, and tho "n". al run of good quality $14.20 to 7153B. Edmonton mp to 514,50 with l few $15, Prince Albert up to $15. Moose Jaw up to $14.50 but Mllllfllll’ $13 to $14 on good quality, Saskatoon up tn 31g Reslnu- $13.50 to $14.50. and Vancouver $13 to $14.

Exports to United States

EXPO!!! of dairy cattle to th“,

Unittd Std“! in the past, week totalled 1003 as against 106d in th~ corresponding week last year. shipments since January m this year total 52.376 and in the same period last year M001,

Calf Prices Advance

911! Prices were steady to firmer in the east and definitely hither in western Canada. Toronto N“ $1’! to 018 fOr choice veal: while Montreal paid as high as O10. with good vsals generally s18 i0 810 and an odd outstanding nie It 03°» Win01!!! worked sharply higher and priced good to choice "all It us to s11. while Oalgary sold Z cents strﬂnges- at 012 to "4250 on top calves. Edmonton $12 to s13. Prince Albert un to a high n! $18. Moose Jaw $12.50 to sis, iinlkatoon up t0 S15. R-Fﬂlnn 813. and Moncton up to $11.50 vrth a top of. 813. the latter i. o. b. country llﬂints

‘ llos Market Ilrm

Ross were in sood demand. especially in eastern Gsnads, and Toronto closed 5 esnts higher at

10:‘ Grade A and rfmtre-l finished at the lame price. 1n the

Q

$21.60, Edmonton $21.50. Prince Albert. Moose Jaw. Saskatoon and Regina 021.70. Vancouver was on a basis of #26 to $8.00. Moncton priced Grade A hogs at GU35 delivered and Charlottetown $22.75. f. o. b. country points.

The above prices do not include the Dcuiinlon Government prem- ium of $2. per head on Grade A and $1. per head on Grade B 1 hogs.

Marshall Plan Brewing Tempest in ii. S. Shipping

By CLARK! BEACH (Associated tress News Analyst)

Bhlp operators and Maritime un- ions are brewing a tempest over one phase ofPrelident Truman's long-range European recovery p". gram - the p-oposed Ale of Q United mates freighter: to the 1n participating countries and the temporary transfer of soc more.

The volume of cargoes for Am. erlcln llilm is dropping steadily, | say representatives of the opera- tors. and if foreign powers us supplied with 500 ships they will be enabled to carry about one- fourth of the cargoes now shipped in American bottoms. About 3,105 dry cargo ships and tankers new fly the American flag.

The operators say that for lack M’ ell-sou business for American shippers has been contracting for the last six months. In that period it"? have turned back nearly sso vessels they had chartered than the Maritime f‘ mmissfon because the lhipl could not be operated profitably.

Both 0.1.0. and A.!'..L. art. lllllﬂlillvmlnt in their ranks. say that if I00 vessels wars transfer. "t! 1° fofliln operators. tom 20.. 000 to 8.000 of their officers would be "beached." ‘they m.“ u, msks s stiff fight to at least rs. dues the number 0f vessels trans. formi.

Officials working and" n“ "I" Dwlrtmpnt on the recovery 0110mm say there are two m. "W" I" "i! amend transfer:

1. American llapsyqs you“ l» m“ new 000.000.0110 n; mo.

vest. there was little, change, will! at ﬁll. all"!

1G1 it the is countries hsdsol Iliieb

limo unions, faced with isrls- cale ’

own hauling. -

2. Recovery program funds would be restricted to the extent of the money saved. scarce steel "would be preserved for other uses if the countries could postpone some of their awn shipbuilding.

Opposition to this angle o! the transfer. however. already ls de- veloping across the Atlantic. Loud protests have been voiced in the British press against any curtail- ment of British shipbuilding pro- jects.

When representatives of the Paris committee oi European co- operatlon were gsked about reduc- ing their ship construction pro- gmsns, they replied that American war-built vessels would not sub- stitute for thq ships they are buildingpwhich ‘are generally fast- er and include many specialized types. They will need an up-to- date fleet. they said, if they are to achieve a favorable competit- ltlvc position in world commerce.

One highly placed expert" sees considerable justification for this position. The WhOIO purpose of the Marshall plan. ho says, is to sn- sble the 16 countries to rebuild their pre-war industries, and one of the most important ls the bulld- ing and operation of ships Before the war thou 16 nations had '15 per cont of the world's sihpbuild- in)! capacity.

Both union leaders and ship 01> erators concede the right of for- eign shlpbullders and operators to rennin the proportion of the world's business they had in pre- war ears.

Bu even without the B00 ves- sels. the Marshall plan srs ex- Dect to have 58.600000 deadwsilht tons of shipping by 1061.111 1088 their merchant fleets totalled only 46.800000 tons. Their an new I: to build ships faster n the next few years than they did oven at the wartime peak.

IIIPI AND JIIPI

IDMOMON -— (OP) — W110i! is s jeep not a jeep? Officials of the Alberta government's motor vehicle branch lnllllr the quel- tion by saying the vehicle is not a 1N7 when it's a passenger ear» truck or tractor. ,

_ camera moan Montrlal u m in... no u

IIIN-iillilil “*M

Osnads. and the second hnel-qsaking

sithtboaosll