Toplen or“ Ilse Guardian, Wm. Well. any is, 1934. 11 
     
    
   
   
    
     Business Failures In Canada 
     
     Showin Increase In 10 Years 
     
    
   
   
    
     Sel In Toronto 
     
    
   
   
    
     Tnoom 
     
    
   
   
    
     (CPI —, Topless 
     
     bathing suits and toples- 
     
     di'eszcs not only are attracting 
     
    
   
   
    
     “inflow shop . - they li'l 
     
     hrlnglllllg in their share of sales 
     
     3 WP . 
     
    
   
   
    
     a 
     
    

    
     “11's the most peculiar thing 
     
    

    
     the world about all this 
     
    

    
     "'Idlts'." said leona'rd Zelaman. 
     
     ""3 midtown Toronto store 
     
     “'W‘h has two topless suits on 
     
     fl’anlay in the window. “ 
     
     Mir sold 620 topless dresser" 
     
     a ifornpiete sellout. Mar. are on 
     
     orocr 
     
    
   
   
    
     We thought topless dresses 
     
     would appeal to the so and 21- 
     
     leal‘nlds. but the surprise is 
     
     that women from 35 to 50 have 
     
     :r'ahhed them up." he said. 
     
    

    
     ~.___...__._.____ 
     
    
   
   
    
     SERVICE BEGIN! 
     
     4 regular air service between 
     
    
   
   
    
     Berlin. Zagreb and Belgrade 
     
     h~= begun 
     
    
   
   
    
     ON THE AIR 
     
    
   
   
    
     WEDNESDAY 
     
     PROGRAMS 
     
    
   
   
    
     CF CY TV 
     
     p.m.-—Musicale 
     
     1.55 n.m.—Slgn On 
     
     4% non—Mlle do Parts 
     
     4 3‘ non—Vacation Time 
     
    
   
   
    
       
     
    
   
   
    
     3! JOHN all GER 
     
     Canadian Press flat! Writer 
     
    
   
   
    
     wholesale trade, retail 
     
     construction 
     
    
   
   
    
     trade. 
     
     commercial . 
     
    
   
   
    
     flops compared with 115 ln-the 
     
    
   
   
    
     first three months of 1003, Tor- ‘ 
     
    
   
   
    
     Canada's booming economy~ services. in the first quarter of I onto follows with 71 failures 
     
    
   
   
    
     which may be showmg signs of 
     
     diminishing brilliance—is strug— 
     
     gling with an ever - increasing 
     
     rate of business failures. 
     
     Although the number of fall- 
     
     ures is increasing only moder- 
     
     ately. and in some sections of 
     
     the economy is actually de- 
     
     creasing. the total amount of 
     
     liabilities left by failing Cana- 
     
     dlrn Immense: h rising r’ap- 
     
    
   
   
    
     y. 
     
    

    
     The number of failures in the 
     
     last 10 years has more than 
     
     doubled — but the amount of 
     
     liabilities left has slightly less 
     
     than quadrupled. 
     
    

    
     Credit reporters Dun and 
     
     Bradstreet of Canada Ltd. say 
     
     that in 1963. a total of 2.158 Ca- 
     
     nadian businesses went under 
     
     compared with 2.138 the prev- 
     
     ' left liabilities 
     
     totalling “16.888900 compared 
     
     with $107.ss4.ooo. 
     
    

    
     T PEAK 
     
    

    
     The failure rate is at a 30. 
     
    

    
     year peak—85 per 10.000 busi- 
     
    
   
   
    
     1964. total failures were 548 
     
     compared with 541 during the 
     
     corresponding 1053 period and 
     
     liabilities totalled 030.340.0110 
     
     compared with 331.212.000. 
     
    

    
     As concerns the number oi 
     
     failures. increases were posted 
     
     in manufacturing. retail trade 
     
     and commercial services. while 
     
     liabilities remaining increased in 
     
     I all sections. We largest num- ‘ 
     
     l her of failures in the first three 
     
     Imonihs was recorded by retail 
     
     ‘n-ade-which showed 258 com- 
     
     Ipared with 249 for the quarter 
     
     ended March 31. 1963. 
     
    

    
     Failing retail trade busi- 
     
     nesses. however. left liabilities 
     
     of only 58.573000 compared 
     
     with $8,454,000. Compared with 
     
     manufacturing failures. the fig- 
     
     ures . 
     
    

    
     FAILURES HIGHER 
     
    

    
     The on manufacturing bush 
     
     nesses than went broke in the 
     
     fir 1 
     
    
   
   
    
     compares with 70 failures dur- 
     
    
   
   
    
     I 5 three months of 1964 lert I 
     
     liabilities of $14,223,000. This ‘ 
     
    
   
   
    
     compared With 75. Quebec la 
     
     the most failure-prone province. 
     
     year to March .11 
     
     left liabilities of 818543.000 com- 
     
     pared with 810.010.0110 on 230 
     
     failures compared with 207. 
     
    

    
     n and Bradstreet lists the 
     
     main cause of business failure 
     
     as management imcompetence‘ 
     
     which accounts for 55.5 per cent 
     
     of all failures. Next is lack of 
     
     managerial experience. account 
     
     ing for 19.3 per cent. and 11h- 
     
     balanced experience accounting 
     
     for 15 per cent of all failure 
     
    

    
     ck of experience in the par- 
     
     ticular line of business. neglect. 
     
     fraud and disaster make up the 
     
    
   
   
    
     remainder. y .2 per cent of 
     
     business failed for unknown 
     
     NESOI‘H 
     
    
   
   
    
       
     
    
   
   
    
     Most-y seems so he trains 
     
     its public relations eye upon 
     
     students and education. ' 
     
    

    
     The Ford Motor Co. of Can- 
     
     a a Ltd. announced this we 
     
     that it has awarded 810.1110 to 
     
     64 young Canadian students in 
     
     the perf ng arts under its 
     
     centennial scholarship program. 
     
     The winners were aelec 
     
     fields of dancing. instrumental. 
     
     drama and voice and will be 
     
     awarded annually Waugh 1901. 
     
    

    
     A Ford press release said the 
     
     grants “are deal  to en- 
     
     courage greater partlcbpation in 
     
     the performing arts young 
     
     Canadians of outstanding prom- 
     
     ise who deserve incentives to 
     
     embark on careers." 
     
    

    
     This year's grants consist of 
     
     40 of $100 for the 16-18 age 
     
     groupandatofszsofm-the 
     
     lit-2o group. 
     
    

    
     Also. the Canadian Metal 
     
     Mining Association. an associ- 
     
     ation of Canadian metal produc- 
     
     ers. has compiled a detailed list 
     
     of films telling the story of min~ 
     
     ing for use in schools. The As- 
     
     sodatjon says the films could 
     
     be useful in geography. social 
     
     history and social studies 
     
     classes and might be interest- 
     
     ing in vocational guidance 
     
     teachers. 
     
    
   
   
    
     a. 
     
    
   
   
    
       
     
    
   
   
    
     m 
     
    
   
   
    
           
     
    
   
   
    
     RIPLEY'S BELIEVE IT OR NOT 
     
    
   
   
    
     ,_ 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     [storms 
     
    
   
   
    
            
     
         
     
         
     
         
     
            
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
         
     
    
   
   
    
     $5.02!! 1333'" 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     —_..___ 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
       
     
       
     
       
     
    
   
   
    
     5‘3’1 pun—Forest Rangers 
     
     too earn—RCMP Musical Ride 
     
     eds—Live Longer 
     
    
   
   
    
     nesses - compared with peaks mg the corresponding 1963 pet- 
     
     of 115 per 10.000 in the 1900-19 iod that left liabilities of $11.- 
     
     span and the 142 per 10.000 av- 558.000. 
     
     erage in the 1920-1934 period. Next to retail trade. the most 
     
     The figures loom large by com: failure-prone business is con- 
     
     parison with 1053 failures. when strucdon. Construction fit in s 
     
     only 1.039 businesses failed posted 101 failures compared 
     
     leaving 530304.000 in liabilities with 117 a year ago. and left I 
     
     For punposes of calculating liabilities of 384127.000 compared I 
     
    
   
   
    
     In 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     ' 3". p.m.—Golng M W 
     
     830 p.m.—Pride of '41s Family 
     
     900 p.m.—Csmera West. 
     
    
   
   
    
        
     
        
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
         
     
         
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
         
     
          
     
    
   
   
    
         
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
           
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
         
     
        
     
    
   
   
    
         
     
        
     
       
     
    
   
   
    
       
     
    
   
   
    
        
     
        
     
    
   
   
    
       
     
    
   
   
    
          
     
    
   
   
    
       
     
       
     
        
     
    
   
   
    
         
     
    
   
   
    
        
     
            
     
    
   
   
    
        
     
    
   
   
    
           
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
         
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
        
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
         
     
           
     
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
        
     
         
     
        
     
         
     
         
     
    
   
   
    
       
     
    
   
   
    
          
     
        
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
          
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
        
     
       
     
       
     
       
     
        
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
          
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
        
     
         
     
       
     
    
   
   
    
        
     
       
     
       
     
       
     
        
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
          
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     i 
     
     ‘1‘" ‘ 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     q 1 failures. Dun and Bradstreet with 5.741.000. I 
     
     m‘fi”‘"‘"§"” M  splits the economy into five The most failure-prone city m 
     
     l“  2'2‘:N":‘::;:‘gm:;m section s — manufacturing. Canada is Montreal. with 118  
     
     12”) prim—CBC TV News 3 O “EWPKI'EAOIO‘HBZI 
     
     1213 a.m.—loca| Weather ' . ” ONTHE’WIWIL’WE 
     
     1244 elm—Sign Off  5 m macaw? 
     
     CKCW TV ' . > AntesATlElzrm! A 
     
     3.45 p.m.—-Stat!erl Sign On a 
     
     News. Weather, Sports "I; 
     
     srtoona  
     
     1.03 p.m.—Mlla. do Paris  
     
     .t 30 cum—Vacation Time > | 
     
     5 30 pin—Forest Rangers  
     
     6"‘0 Kim—590m special UNITED NATIONS 'APl — vigorous pace last year and In.   
     
     63') v.m.—-Television Newa United Nations economists have . the early months of this year. ‘ 
     
     ‘3 ‘5 urn-Walther reported that value of Their findings on correct eco- . 4 V 
     
     ‘50 Dimi~5mm I World trade in 1963 reached nomlc developments were con-  -' . ' 
     
     7.00 n.m--—lione| Playhouse about 853.000.000.000. nine per tained in a world survey to be BARON  _7 j 
     
     7'" 5W? cent above the previous year. considered by the UN Economic PAUL "no" ofvmmal Austria, -~ 
     
     3 3” "’““""°“ MU“ AIM" “V0 mm 0* “‘9 I“ “d 3.31 Cmc“ 5' “5 me” PLAYED A BIN-MR0 MATCH AGAINST ""4595 ETTA AND DEBBY THEY'RE PiaAcrlcme NEITHER one or 
     
     m P‘”“C‘"“” W'“ “835° “"5. chanted “P byI “‘3 09m“ my 1“ Gm” -CAPEFUL’-Y ENE/N5 546’” “07" AND WHAT GOES ARE JUST SlTTING sELr-cmm- THEM is some Nit-Al: . 
     
     ° 30 P "l-—P°"Y Mm" North America. Western Eur-I Major attent1on at the meet‘ mks w TH THOSE t THEQE STAEING THE pHON: FOR A - 
     
     '9 1° F "‘PSUSPGM TIM". ope and Japan tag “all. centre on the situtaion en-urmHm-l~--w Nam . I “"3 ' “re/SPACE mt HALF HOUR, 
     
     1‘2ng n-m;—N;g;VM:‘gamno Exports from Communist faced by the lesser d velopedI ‘ .  -  V  I . 
     
     P "‘-_C ' 'W' . . ' U - ti hlch now ma u the - A 2: . 
     
     ‘2-‘5 '-"‘--V‘°Wr°i"' * filial:ng  .3. 3313.3. UN membershllp. I DA" LY CROSSWORD mum mm >, fl) 4‘; er . g .. 
     
     132° “""""-‘?."°' N‘""’"‘ NM about “300000.000. or between In this connection the ecu-3 A 45-EXNmS9 11 Funeral mmmm raga I a {Q (L: 3' F I}; \J ‘J‘ 3 
     
     ‘2‘ 5 ""‘"_s'g" 0" seven and eight per cent nomlsts reported that the prl- 1- 93‘ 46.1mm of bolt “"5 Emma)“ Hui-Lilli») x- ‘U , ( i k 5;“? .. c 
     
     I vet-all. the economists re— ; mary exporting countries. into COVEPIHS' 3;”? 89m“ 15-5)ng  fiflggl‘m‘  a5“ “2:” \‘R, " 
     
     CFC! ported that world economic I which classification most of the . {02mm ~ I” 19 Keep. magnum mama I / .- 
     
     w'mmm" growth continued at a fairly I poorer countries fall. generally I ' mm no“ 30' smph n :‘i eilllzl 
     
     ‘ . ‘ entered this year in‘better eco- nude“ 1. Dog ' u 
     
     6.28—Slgn On 11.05—Joan Marshall nomw shape “‘3” m “‘9 I“; mums the 2.A1!ix 23.Ta.lk 
     
     QSO—Naws and Weather “JO—Epsom Derby several years I spirits 8. Prince 1111- 25.ert~ 
     
     €33-i-Country A Western Roundup “JO—Musical Pgr'l. 12. Country: 8. ward Island: a. 
     
     Fifi-News and Weather H.45—Music on the Heather AVERAGE. UP I m , I lbbr. fluid Em 
     
     POO—Hebrew Christian Hour IZOD—Jamboree Junction They gusheer “15.?! algirpfi: I 1'. Permitted 4. FT!th 27.3!!!“ 'm' h". 
     
     7.15—Country 8. Western Roundup 12.15—Tha Music of Don Manor price 0 Jo fI by law 5. Beneath rowing 
     
     ISO—News and Weather I2-30—Maritlmo Farm I’Caat DI‘OdUClfl 1!! the mt quarter 0 I 14.6“ of Emmy“ “1mm 35.011181]. 
     
     ?.85—Farm apart 1. _CBC News and Weather 1964 was am‘ mm per cegtI under- cry 38.A. Support asrpenlmm 
     
     7-41-4300er I Wat-m Roundup l-lS—Tommy Hunter Show higher Ill“ ‘0’ the “MRS?” ‘ 1 world: Ro . Wine 29..— boraaiie 40. Hindu are 
     
     BOO—N w: l.45——The Open Road Show In"- Wrmd lam yeal' Mark”  15. Greek letter 8 Broken tn :10.Apoodle 
     
     Ell-Weather l.59—n.0. Time Signal ' Prospects for the, "mm 9’" i 17.Ada.m'a wire 9 Juice :31. Loophole 42.3111 king of 
     
     E's—Country 1- Wuiom Roundup zoo—in. Open Road Show Downs “mm” ."‘ “‘9 "mm" 13. Half an alu- pmua 112.1.»va Judah 
     
     lirAS—Weather ~ 2.45—Jolm Drainia tells a story ahead we" “bed ” ""0" I :11): geeks away from apples agent “acute-idler 
     
     sac—Ail u N a do _oo_.c N ~ , _ t or ex- 
     
     3 57—Th::9;’ grade”; p 3.03—TraEs-Czr‘fs1la Matinee In 3 Seen?“ dean“; Mm N' 5 ample. I 7 ‘ 
     
     9.00—Newa a. Voice Reports csc LOO—C c News 09'“ "ends 1“ 60mm“ “mm I "b"- 9 to II 
     
     9.10—Freview Commentary CBC 4,03_cdn. Roundup tries. the economists noted that. aura mum“; 
     
     9.15—Notea and Music [JO—Music In the Alt Communist Chin a had ream 24.Neet 
     
     .9.27—Mailnea Musical Charadu 430-1,...” [stared improvement in indu-s-i ”,Avmu.: 
     
     ‘ MiG—Noto- and MU I 5.00—Mar. Fish or.» trial and agricultural produc- I a r. 
     
     9.35—Notea and Music 5.20.1". tion for the second consecutive 31.801disr's re- “ m  
     
     9.55—What’s The Song 5,3o.csc Notebook year. "indicating £th imam?“ :8 01111911191": If“ I “'“‘““ ' ‘ 
     
     TO OO—News and Weather 60° CBC New, 5. weather tion of the process O 800 . « V- r 
     
     mos—Nam and Music 6.15.0n Parliament Hill from the very low level of ou-l-  so. Beast of a :Elélbtgmz-  EAméfiT  i AM 
     
     woo—New: and Weather 6.20-Todsv'a Editorial put of 1960 and 1961. g ” madam. musmuu ISONTHE  To 5 ' MYOWN IDEASOFHOW Leavmst' 
     
     11.05—Notea and Music 6.25—lnllnd Weather . They a dd ed that industrial 1 . 11 . okEmHEWANTsmspEAK DON'T WANTNIY TORAISE JASON-,1 KHAme 
     
     "-27‘M‘m‘" MUSIC" CI'"“I" 6-30-MU'I‘ "‘ T'“ "m" production of Communist coun-I “ C ' Toyou,’ Nmuavg ANY “THINK IT WOULD BE 
     
     Moo—Notes and Music 7.30—Christisn Frontiers Mes of Eastern Europe .I “Rwy on 'I A More DISTRACTIONSIJ BETTEle You plow 
     
     fl .AS—Bullettn Board goo—Assignment firmed to Incl-use air, high rates I 'En ’ s ) FROM HI; VISIT HIM AGAIN, _ 
     
     “SO—Notes and Music ago—Dixieland Dowrlbeat in 1963' but that the Hen-1‘31 pace I 87 Noih’s F SUMMER j Ila/l I. 
     
     “SS—Atlantic News Roundup goo—University of the Air slowed down and in Czech". -'he“er B’— o _ COURSES” I, I __ M 
     
     '2'00’wu'l‘" . “MC” 5"'"9’ slovalda the output actually de- UJxelamap 
     
     12.05-—Towns and Count: Time I moo—CBC Nat'l Now'imu cum_ I on 4| 2 
     
     'Mmrwéi'c " I end mummpmwm. Total output of agriculture in f «,mg. > 
     
     12 30—Newl and Weather 0 . rm... __ Eastern Europe was affected: whelmltng‘ 45 
     
     ' I 1“ ’°° seriously by the declme in pro- I "noun 
     
     1" 43—F.E.I. Road Report Th. Music of 1 had of ' 
     
     13-45—Town and Country ll-°°"""" “"9"” auction in the Soviet Umon. I 4 .gda e 
     
     lloo—Nawa Headlines In Weather ‘2 m—CBC New. I bums m  I “mm 
     
     I . —T a of Country Time ' a. M in.‘ cans a 8 I 
     
     I _?§_.;’.,“.“.;‘. "mum mos-span  We“ " and a lood shame Int“; I nanx onmoquorn _ Here's how to work it: x I , MN” WM“ Qt .. 
     
     1.45—Town and Country Time “sinking smut. sulied in a reduction 11 . A x Y n L B A A x n c ’ y, I DIN-T i am ammo”. .v .4, 
     
     zoo—News and Weather liltfllfik (In m. Nluh' ltOC -  I. L o N G r E L L o w a W m)“.ng : wsme saGuu-wm! 1 I 
     
     205—4”. I" cw"er "a :7” ‘2. One letterstmply stands for another. In this sample A is used a " ' n 
     
     :2'27—M'linu MUS“. figure“ for the three L's. x for the two 0's, etc. Single letters. apoav m 
     
     IMO-4°” In comm, m 7‘.   m lites the length and formation of the words are all hints. 
     
     goo-m,” Hudlmes l- Weat or p , 1 “an m “(amt ” 
     
     23.03—TranI-Canads Matinee CDC 3 B JAY BEcKER loch my the code 0 
     
     IMO-Tops In CUM” "‘5 “F” ’ ' . A 0mm Quotatloa m I 
     
     ‘.A.oo-—NeWI Hc-d‘m '"d W“"‘" i *l ' 
     
     I‘m-aw" “WM C23... and South discarding s an. I x r s 1 c r r v x c x c N x p D x M r x 1 I - 
     
     I i ll" . r' i 
     
      gillng ry £01“ Ml"- bl mm! as We" W““' m 2 n c a o n u I o r at n n 11 'r n I at a: x x c o- 
     
     SWNMI “d weather mflomfl‘ ‘- The huge audience ‘watc n! cy’crnx’ Tuxxnru 
     
     ‘:O5-M.fim Musical Charade. non“ the p1.th  wuss-Ind I L N x n Q P 
     
     . Th carport- 9375 . ed W 9"” , i. now rr REQUIRES so INFINITELY 
     
     33% -~~  ‘rr melltnmnmnl name. cram... maxim—mucos- 
     
     a.2s—1hs Canine"g O “‘8 l “I I 
     
     ' 00..” a Weather KQH but. they WEN not l0" 0'“ . wmcmxflmeum/m 
     
     I‘e'is—bhw;sr.ll‘sour' "l" C“ . . doubt. - 0 m m m m m, E E  MPE-"Wlt If M! 
     
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