MODAO-ye JO”: Na

The Guardian. Page 7

70

yr

Apsrtasiits Wanted-

LASSIFIEIJ ADS,

poll n,nN'l'-s noou sunr- meat. Phone -ms.

ri um -.imv. asaran

AMAZING FULFILLMENT! - Ilpthu Slllptoifs old renown- ed world event prophecy. to present remarkably accurate-

To Take Part In Seal Hunt

ST. JOHN'S, Nfld. (CP)-The Newfoundland sealers Algerine Nova will join the Halifax vessel Arctic Prowler in the seal but this spring. James Grieve, director of shipping for the commercial house of Bowrlag Brothers. Limited. said Thuradly

awilnwlv W” "W" '” Fut .-on 2 . at-ywu . t.h i l ould -s-in participate

bath. 501 V"”1'- "ll ””"u”d' hui-rllllceaiies. fTdi:lrs; .eYvscuatlT)rii.s ineth?:r.e.nrl; hunt off the Labrador

Milly 3".” G””d"' to in ' forest, etc.. for coast and Gulf of St. Lawrence. safehy; tribulations reward. The Arctic Prowler will recruit

lsarlsrs Accealslateii

Oondhions senous. Why not in-

nu-to "M vestigate. Prepare for own 0"” W '” welfare? May save lives and JL'-.m.-m--- mm-. only am. muglrg; " ed. A. a - carsasillmiis For Sale ,,,,,, R ..'":;:f',,.,. 13; an oi.ns- '

SALE-ONE noble "H" sedan. Meta Ild b,w h Iood ”” Phone slid, Simmerslde. m.

t lred by firm '0!

F" n." gliltlittgcd nAqcll:oi:ia;ants Plxgucs M5-APPLYOOBLEBAB inslntheMsri 06 N0 9"- ggut . Good prospects. Salary sorrow!-

E BENT - BUNGALOW IN Parkdale. Ciw Water. Write pox W. J. clo Guardian.

wAN'rE to RENT - LARGE house. 5-10 miles from Charlotte- mm. Apply Box "D" Guardian-

Fsr Sela

FOB SALE - TBISTLE BABY carriage. Apply 305 Euston St.

Fol SALE - 011. HEATER. Excellent condition. Priced to sell. Dial 'M'n.

Fort SALE - HOLSTElN cow. due to freshen January 15- PW" ton E. Ford. North Milton.

OR SALE - ONE TWIN CA3- riage and Dlly 0011- G003 09'” ditioa. 39 Rederve Street. or Phone BNO.

on sans: - GENERAL-PUIL pose horse, I years old. Excel- lent driver. 11 years. Harry Lewis, York.

His SALE C AT EAST BALTIC. 50 acres of land owned by Reg-

Mals llela WEIIII

SENIOR. AUDIT CLERK - 235- ferably a qualified chartered ac-

mately 04,000.00 p.a. Write full particulars, age. education. at- rlesiee. etc.. to Box 3 Guar-

P0 dian Office.

IF WE SEND YOU YOUR OWN suit without one cent cost to you, will you wear and show it to your friends and take their eaw orders. makinl a handsome profit on each one. You can sell to entire family. clothing. shoes. shirts, slacks, sportswear. etc. You need no experience! show you how and supply his catalo- gue free. Dept. IN The Cooper- Johnaon Co., P.O. Box 1100 Beauharnois, P. Q.

MEN URGENTLY NEEDED To meet demands of Electronics. Television. Radio Operating. No

, ' necessary to take industry approved home study ing soon. Skilled men get

plus monthly. based

on experience and service. Act

now! Send for Free 40 psi! .. .. . No .. m

education. Radio College of

Canada. N Bathurst lt., Tor-

. M A 1 .0 onto, Out. as vesrs -peclsllxlhs 11l;11gl.3.i;:k,.9.dllldcQsli:l)idlo PM in Electronics. - Fort saus - unit a, Nirw. 1'. L91

used and retreads. From 35.00 up; also best trade in allowance. 0. K. Rubber Welders, Char-

-ro LIT - ONE FURNISHED room. Suitable for one or two

' Heavy requirements for

a Newfoundland crew. The three ships are the only ones known so far to be going to the seal floes.

Consumers Try To Hoard Steel

CLEVELAND (AP) - More and more consumers are trying to stockpile steel, expecting contin- u shortages and price increases, "Steel" magazine says.

The metalworking weekly says 30 Per cent of the American man- ufacturers queried in the mag- adne's latest survey said they hope to fatten steel inventories.

Steel producers are booked up for as far ahead as they will .5. cept orders. the magazine says. with current production represent- ing orders booked 30 days or more ago. . '

"Stee " says plates are critically short. Structural shapes, and bars are also in short supply.

eon- atruction, pipelines. and freight cars are increasing.

The magazine's price composite on finished steel held at 3127.08 a net ton for the week ended Jan. 4 despite scattered price increases in the industry. scrap prices con- tinued to rise with "Steel's" com- posite at ss-2.i7 a gross ton, a 34- cent increase over the preceding week.

"Steel" says production for the

a week ended Saturday was at W

per cent of the new weekly capac- ity of 3,461,893 net tons.

m..m.m.. ' FLYING BULL

VANCOUVER (CP) - First cattle shipment by air arriving here was an 11-month-old prise Guernsey bull. Bought by I. R. Gilland of Haney, B. C.. from a

b d t A , ionerown. r-our-it -mt AW '03 .."f..'.'..f... ..'.'5"”.i2...”7.3” iiiilia fog QALE .. oN'l EAGVSCETT FMN5” and tairliner tom Toronto to the Torrid Oil burner. I one mis- year. Perfect condition. l w.ntu

Westinghouse fridge. Phone 8100 or Illiily 50 Dorchster.

fox SALE OR RENT - OWING to being alone and finding it quite lonely I offer this property for sale one mile from the city limits on paved llllllwly. PIIOM in house. Conveniently situated. Would consider active person as companion. N e n - drinker Ind steady. Phone 5833.

Female Help Wanted WANTED -STUDENT To TAKE

hairdressing course. Write Boa 951 Guardian.

32: WEEKLY ran WEARING lovely dresses given to you 85 bonus. Just show North Ameri- can Faahioa Frocks to friends. No canvassing, inveaunsnt or ex- perience necessary. North Anierl can Fashion Frocks. Ltd. 218 Parthenais SL. Dept. 13- M01 treal. P. Q.

HIRNITURI RDAIRED

Why not plan to give your home an entire new look for the spring. Old furniture you have in your attic or elsewhere can be repaired, refinished, reup-

WANTED - LARGE IAFI IN good condition. Write Box A or phone 8173.

A voun nest MARKET run

Iron and Steel Scrap,

per (2000 lb. ton) 15.00 Car Batteries, each .. 1.60

Bring in your lead, car ads, brass, copper, rope eer bottles, hides, hors. hair. Youwillreceive high- eatoash prices. '

Truck scale weighing for your convenience.

Centrally located oppos- lte Eaton's Store, -on Kent

sheets 1

Two Cylinders Sta

DETROIT (AP)-Enshrined in thelienry Ford Museum at nearby Greenfield Village. is a small motorized buggy with a two- cylinder engine, chain transmis- mission, bicycle wheels and tiller steering.

It is the first automobile the elder Henry Ford designed and built in 1892-93. From it stemmed some 33,000,000 subsequent Ford

profits that made the Ford Motor Company perhaps the most fab- ulous of American industrial en- terprises.

How many millionaires were made by the meteoric develop- ment of the company is anybody's guess. Counting original stock- t ” , members of the Ford fam- ily and those who inherited the wealth amassed by their parents and grandparents, the total prob- ably would exceed three-score. And others are in the making. They are the high executivs of the Ford Motor Co. who were given the privilege of buying some stock in the company when they joined it in the reorganization the younger Henry Ford started in 945. .

Written For The Canadian Press By GEORGE ABRAEAMSON

LONDON (CP) - Continual but not entirely successful attempts to curb the inflationary boom marked the British e c o n o m i e scene throughout 1955.

Production increased by almost five per cent while consumer spending and capital expenditure. both productive and non-productive rose much faster.

Attracted by the booming home market, imports in the first 10 months rose by .6480.000.000-or 17 per cent-over 1954. But exports were only &:180.000,000-just eight per cent-higher.

:Expect Minor Reductions In Schedule-Of Tariffs

OTTAWA (CP) - Minor reduc- tions in Canadian tariffs likely will result from the new round of world tariff negotiations opening ta Ge- neva Jan. 18. But on the whole. Canadian offi- cials expect to give little and get little from the bargaining - the fourth major round of post-war ne- gotiations under the 35-country General Agreement on Tariffs and Trade. The reason is that the United states. the main negotiator, is lim- 'ted by U. 5. law to bargain for re- luctions of only five per cent of xistlng American rates in each of be next three years.

If the existing rate on an im-

IISTOIIIC ROOMS

Christ's College at Cambridge preserves the rooms once oc- cupied by its foundress, Lady Beaufort, mother of Henry V11.

LAWBREAKER8 PRAY KALAMAZ00. Mic h. (AP)-

Judge Clark M. Olmstead had 35 traffic law violators brought be-

fore him Tuesday night, how their

Ported Prodtct is. say. 30 per cent. it can negotiate I reduction only of one percentage point.

That, s a y Canadian officials. leaves little room for bargaining. And reductions of five per cent of existing rates may not have much impact on boosting export trade.

BETTER THAN NONE

But they feel that any reductions they can get in American rates, however minor, are better -than none. The Canadian concessions granted will, of course. be no greater in value than those ob- tained, so Canadian . ” " will also be minor.

F ” 's main negotiations will be with the U. I. All countries which have signified willingness to participate in the new round of bargaining-there will be about 24 of the 35 GATT member countries -have exchanged lists of items on which they would like to negoti-

ate.

These lists are confidential, though it is known that Canada's main interest is in getting reduc- tions on American tariffs on some farm items and metals.

cars and the golden stream of 000

rted It

Fo.rd's Fabulous Enterprise Made Many Millionaires

FAIRY TALE STORY '

The Story of the Ford Motor Company has many of the ingred- ients of a fairy tale. It starts with s 328.000 fund raised by a dozen persons in 1903. included in this was a 5100 investment by Rosetta V. y Couzeris, sister of the late United States senator James Cou- zens, which later netted her 3355.-

. Couzens himself said his hold- Inns in 1919 for something in ex- cess of 529,000,000. His initial in- vestmenl was 51,000 in cash and a note for 31,500 to cover purchase of 25 shares. The other sharehold- ers got about 550,000,000 for their holdings.

when Ford proposed to turn profitsyback into the business for

Parisian. some stockholders dis- sented. Two of them. the late John F. and Horace E. Dodge, went to court and forced a partial dia- trlbution.

Ford retaliated by threatening to withdraw from the company and start a new one if the minor- ity stockhoiders refused to sell out to him. in 1919 the company be- came 8 family-owned affair. Ford

Britain Continues Curbs On Inflationary Trends

YEAR-END IMPROVEMENT

The adverse trade balance widened by .E300.0u0,000 to .2727,- 000.000, and the gold and dollar reserves fell by i-370,000,000 by Nov. 30. Yet as the year ended, the balance of paymeiits appeared once again to be in equilibrium.

The need for stringent anti-in- flationnry measures was evident early in the year. The government raised the bank rate by one-half per cent, and then later by one per cent to bring it to -ills per cent. interest tales for public works were also boosted.

Early in the year, the curbon hire purchase was lightened. and then strengthened in July. By then, however. it was cleai further sic- tion was necessary. .

While various long-term interest rates were raised, banks were ad- vised tn reduce advances by an average of l per cent. and a "credit squeeze" was applied by authorities directly in the London money market.

Since these steps failed to bring early relief, the purchase and prof- its taxes were raised in October. thus counteracting income tax eon- cessions in April.

BENT SUBSIDIES CUT

This action was followed by rent- subsidy cuts and loans to local authorities. . Public capital gxpendi- ture on all'but urgent and es- sential projects was slowed down. The various anti - inflationary steadying effect on the credit vol- ume in the second half of the year. But so far they have failed to halt the wage-price spiral.

Wage rates rose sharply in spring and edged higher after the costly dock and rail strikes in the following months. The cost of liv- ing advanced slowly." and basic in- dustrial materials also grew more expensive, although there was ii partial correction in the autumn. Increased productivity helped to keep prices of industrial manu- factures for export fairly stable.

and his son, Edsel, taking over the I

November to 18,631,000 pounds from eat and Alexander varieties. For 16.ii98.000 last year and in the first a 11 months of the year to aos.szs,ooo w pounds from 299,882,000.

Ill

,,...g.;.a.ga s... -.- - Fur.-

2" v ; - r , I . 3 our-run a-iocxs IISI cinna cums; . i-aoi-one caalul t ormws (CF) - Creamery but- aaarrrroan. Oat. (cr) - a. TORONTO (Cr)-Pmiaiisi ter stocks rose at Dec. 1 to 114,- H., Garrard. bacteriological ex- "I417 Nlllui WNIUICN 073,000 pounds from l03.0Tl,Ml la ot Ontario Ag:-icultm-gl cgj. that Ontns-is ehsuld :3 Q 3 "12 uorfesvonding period last year, e. has suggestions for mak- cease automobiles unless they rat the bureau of statistics reported in apple cider. For a tart, acid certain standards of safety. , Monday. Creamery butter produc- taste he recommends Red Astrac- Nickel is the second Ontario llou increased 10 per cent during han. P ” Yellow Tr lnet i ' f within two days

suggest that some fcna of over the automobile-man

' J y is neeesllfy 3 out deaths.

milder flavor. Wealthy, Bald- in.sJonathan, King and North- PJ'-

6;.

minority holdings. I The company's net income that: year was 369.924,-110.52. according, to figures in,the Ford arBllliES. DOMINATED BY FORD From 1919 through must of 10-isl the company not only was family- owned; it was dominated by the elder Ford. When he resigned as: president Ford was 82. it was said his resignation was forced by members of his family who threat- ened to sell their stock if ne in- sisted upon retaining his one-man rule. . Ford wanted no pal'lllEl'5 Ilulsldel his family. He resigned His grand-I son, Henry Ford ll. uas namcdl president. The elder Ford died in, April, 1947. 1 Meanwhile the younger Fordl had started his vast reorganiza-r tion program. Indications of its? sucess were shown in the recent; announcement that by the end of. 1957 the company will have spent; or committed more than s3.'I5u,-j 000,000 since 1946 on new menu- facturin facilities -Wall cuvmiig from arnings. depreciation acw cruals and more efficient tum- over of working capital."

2 l

market absorption and not to a de- terioration of British coinpcmive strength.

A slight decline in coal produc- tion due to the manpower shortage had to be made good by larger imports, but iron and steel output, rose satisfactorily. In consumerl goods industries, employment de-l ciined, and there was a similar; contraction in housebuilding. T

On the other hand, lall metal-j using industries surged ahead and closed the year again with full or-. der books. With labor shortages be- coming more acute in these tratlesp mechanization and automation ac-l count for a growing proportion oil industrial plant expenditure. in- vestment on new production ca-l pacity is becoming more selective.

BOOM IN SECURITIES

The stock exchange boom in in-1 dustrial shares reached its climaxl about the middle of the year. even though the impact of higher inter- est rates were felt by fixed-inter est securities in April.

Credit curbs caused temporary inconvenience to the discount mar- ket, small business firms, and in- directly to credit institutes such as the building societies which were forced to raise their mortgage rates to 514-595 per cent.

By November, however, .he fi- nancial markets had settled down to the "dearer money" policy. Early in December, the ordinary share index was still three per cent higher than at the beginning of the year, though 12 per cent below the mid-year peak.

Fixed-interest government secur- ities were l2 per cent lower, with gold mining shares down 20 per cent. Oil and base metal values showed substantial gains during the year. Among equities, ship- building and television shares were the only substantial advances. Chemicals, electrical and other engineering shares retained some of the gains of the first-half of 1955 while textile, stores, tobacc and food shares all were lower.

The unsatisfactory showing of ex-

holstered or shampooed. We street.

carry latest shades and pat-

terns in ispholsbering. Also . Smdmoi" dim flbm Maurice Block I Go.

to choose from. Consult us by dialling 2095. Or call at .F. ARSINAULT & SON . 175 Hanover Street SUMMERSIDE Prompt Delivery

heads in prayer in thanks. that their violations hadn't caused death

parts was due to excessive home

in the final quarter of 1955, a slight but distinct impmvemciit 0C('lll'l'Ed in all economic fields. l

Scliurmans School

Parade

ANNOUNCES

The Iolewing contestants have been selected by ear

Judges to compete in

side High School on the following dates and times,

FOUR AND OVER CLASS ROOM SCHOOLS WEDNESDAY. JANUARY lliii AT 4:30 P.M. -

FOUR AND OVER CLASSROOM SCHOOLS FRIDAY. JANUARY l3tlI AT 4:30 P.M.

I TO 3 CLASSROOM

, DIVISION

Marcia Simmons-Travellers Rest Barbara Manderson-Central, Lot 16.

Jeanette Poole-Travellers Rest Russell Howatt-Carleton Siding. Yvette Gallant-Bedeque. Fern Bowneas-Bedeque.

Ne Entries Beulah Moaae-lumaierside Iigh. Phillipa McNally-St. Mai-7's Aeadex. PUBLIC SPEAKING GRADE 4 and I No Entries No Entries

Gale MacLean-Central. Lot 10.

Donald Liuideiiilr-Idnidehter Road.

Mary Mccardle-'hae Valley.

'George Doughart-Loeg liver.

Carol MacKay--Northam. Shirley Dymeut-Northern.

Muriel Ellis-Tyne Valley. Sandra Hueeids-Wilmot Valley

Sally Ann Raynor-Clermont.

Kathleen Ellis-Ellerslie-Bidefonl.

iiie Semi- Finals to be held at the Summer-

4 AND OVER CLASSROOM DIVISION

oiianlis 4 and s ( Gail Morrison-sinrimersik Elementary. David, Mercer-Summerside Elementary. Claudia Brooks-Summers” Elementary. Judy Ramsay-suminerside Elementary. GRADE 0 and 1 Clive Hobson-Summerside High. Donna Bradshaw-Summe aide High. Sheryl Perry-Summerside High. Donna Tuplin-Iinrimerslde Bigh.

, Judith Tuplin-Summerside High. Marilyn Wadinan-Summ " Egl.

GRADES S, I and 10

GRADE I and 1 Ne Entries

GRADE! 8. 9 mail 10 'Michael Arnold-lummerside nigh.

eiauo SOLO r .

GRADES 4 and I w d 11 Ellis-Summ id Elementary. g JuTlllthe Hancock-sumfrrderseide llaanntay. Marion Ellis-lummerside llnaeatary. David Mercer-surnmersid I GRADES 6 and 'I Donald Schu. "ummerside HQ David Miller-Sumnaereide High. K GRADE. 3. S and 10

Beulah Moan-Sumrnaraih Lillian Hogg-Miacouehe.

ii-

Louise MacLean-Tyne Valley.

to themselves or others. The Judge also had them say,a. prayer in

CHILDREN'S TREAT

The famous statue of Peter Fan in Kensington Gardens. London. England, was set up overnight 40 years ago as a surprise for the children.

YOUTH TRAINING SHORT COURSS VOCATIONAL SCHOOL. Cl-IARLOTTETOWN

'11ie mlowkig short seams are offered and may be held if a sufficient number of applications are received. 1. G--A six-week course beginning Jan-

H0 uary 16, 1956 and

open age or older.

t gm, Gkolgg”-”r-IA, ti;-gig; mm-gghgdmwg euigiy ...a easily . F . - T h Outlook l.'.'.:"':.':S l."...L".'."':.3':.:'.': A -& a T TIP 5. inenintile operatlonandmanagernont0fFC8Gl'Id- aclng oug er rrr" l hm snuo ' Thu con". h wnducted n Bird! Court a bookable aaculw. LCNDON (Reuters) - Britain's He maintained that the fall bud-5 s I and Th! instruction I8 KIVOTI by mOII'lb0fi of the staff 'g., 1 ggd automobile manufacturers Saturn get of the then chancellor of the of the Federal Department of Agriculture. V -I . "I. by MW numb, "M M and 0, exchkcquilamn. A. Butler. hit the T f A . I D AGE-Tc!-n-4'1-TIE-E-A f0Vr'W.9k win” rlmhw: 5 i 5 an 11-year post-war boom .that l?'.'xPeetfple'cahnot buy cars on bank S early In February and deekned not only to rovlde a. made the car a hard- luxury. averdrafta any more," he said. Thu QUEBEL. ,CP,gEi h h H kn and lid!!! hit I100 N d0VOi0p in stu- '”"I' ' "T " world conditions and govern- mugs: increased purchase taxlammmv kw, for me” tin ggjiztai dent a sense of the ty lII'lP0ftInc0 09 A8l'l- ""0 III" I Ms!" "0dlllm'.0'W'0 :5" from B0 to 00 per cm experiments. were killed Thursuay A course includes instruction ""”"'" "' '''"””” "'”"'. "" mrht when fire. swept through a un .S ' - Rabi "WW "9 V” d"'"'"' 9'" ll" ”'"7”''' '03 "”'l" b ildln Al Laval Hos ital I - u . in An:-nu no-ma. Am-I nu-b-nary and ma M M" "" a... u... ...... 1945. .u........ u.. c... .. ........ ....- ,3... 5-,... Fay. ” ' " ' - The oouree is conducted at Bildl Court and LOAN COMPANY During the heightofdgand, in- use conditions, an Austin spokes The . . hduded "mm; iltnmtjoa k given by IIICIIIDCTI C 50 ILIHI of LIIO ilated prices were PIN g almost man said the home credit squeeze, gm", pig; dog. .1” . monkeyg Fof H Agriiasiture. on wheels. Ger-men competition. and Austra1- The hosplfil building is several Pu nu Pmvmd lea and New zealand import re- 5 ndred feet away from mg L smcasmcsma six-week course, conducted cm woan mm mm”, m phyed , pm, ,,',',a,,. ,m,,,,,, M W" mar"; at &. Vocgtiongl School, beginning early if Fdbrlllfy la aevu-al British lactuiea, man wwggt Germany built 210,000 more danger. and so ctiealinstrisetlonini:hever- lNMlllNlh9'::u":WD::IDdInsllatyeerthanin1054.Ger- ""......"""" " """ '"'”'".':”:.:2'o.-""-l.l..””.".l.. 32' " .. "'"'"''....... 22:; '...:.':'...: :: :.''.::'r:. ':::.”:.::.-.'..':: ;,";ng: . ......J.5'.".'"..l'?.a.u'i.iI..'7.'21s.'-.-nus.-u-ates--.. R ,:..sr;r.:i::.r,";'i.'i.t.-..".i;g,..:a:.;?'.'i.f,:-,;';jg-if: :."::.:.:f..:;".;s"i.....":i".i':'.i."s'r'.ii , , ' , . IV a I . ". M?l'"'""" . V -4?.:'l.. .. mu -u mp. .. some ...'. . ,.... :;-;"::,:;,:":'.".:",':9- is - -2;; J -WUIV&IW H h yolwaataovwithont a .'n.,..uu.gu.,ug.nv.u-gumowned 5 Mt-, mm. w .5. eonieletemoeeaue oaasuaaaiorthalot-r aehillwindtothelAndolstockmenihsapmpo..g.g'g.gmom T gummy" - . Auaaiaiisa-said."showrooihsuesaehaagawhensutuiwmlosharespoundaoliunrpi-...,3'o,g” .. IIMXTIIIIR tannins befonlldfk-Ihshilitu-hisAustiaciInpanyu-ooo,oooponntbeeleredfu ' "I if A ' M - i wnugmsgw ink" " in Mr”. Tr&Tar.aW . , m V g y .,