u. ' —n 8 1.45 a!h,u..flf.tsg . I, o ‘i.’"~.‘§.«‘3 C u a 5 8 erg--55: o .‘J. ." ‘33.: I: lixjuuuiiaad‘ .LJ. l i l l 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