e OO ere et ore 12 The Guardian, Charlottetown, Wed., Nov. 24, 1965. Copper Firms Accept Latest U.$. Gov t Moves: termination to spend, the Do- minion Bureau of Statistics re- ported that at the end of Au- gust the amount of consumer credit outstanding on the books of major firms was $5,506,000,- 000 compared with $4,723,000,- 000 a year earlier. By KEN SMITH Canadian Press Business Editor appeared \ to accept the latest United moves in Copper producers States government meta] prices much more cheer- fully than aluminum makers The U.S. announced last. week # is releasing 200.000 tons of eurplus copper from its stock- pile, on grounds the world cop- per supply situation threatens a serious disruption that coud develop into strong inflationary pressures : A week earlier a similar move by the US. government hed forced aluminum producers —including Aluminium Ltd. of Montreal—to cance) a price in- crease for their metal. The government's move on copper also led producers to re- scind a two - cent - a - pound increase they had tacked on last month. But they insisted they were able to do it without dif- ficulty since the raise had been made only to try to rationalize the supply-demand situation. Although there was no. im- mediate comment from major Canadian producers, Phelps Dodge Corp. said in New York ft welcomed the U.S. govern- ment decision since: the addition tal was badly needed by indus- try One __metal per prices WON’T AFFECT DEMAND He said the U.S. stockpile re- Jease does not appear large enough to have any sharp. ef- fect on prices in view of the strong demand, and added that a major concern for the indus- try has been the possibility that pressures on would force prices up to the stage where industry would turn to aluminum or plastics as stitutes wherever” possible. finilar thoughts were ex-_ pressed by the brokerage house of A. E. Osler Co- Litd., which said in a customers’ letter: “The effect of placing 200,000 tons of copper on the market in the United States will, we be- lieve, be entirely psychological —200,000 tons is hardly enotigh metal to have any genuine last- ing effect on the price struc- ture ” industry spokes- man said in Toronto that copper producers could be expected to applaud any government move that would tend to stabilize cop- copper supplies | The Immediate key to what «happens to: copper prices, sev- eral observers said, rests with the political and: labor — situa- tions in Africa and South Amer- ica, major areas in world pro- duction. FARMS HIT HIGH Elsewhere on the business scene, the Canadian Imperial Bank of Commerce reports in its_monthly commercial’ letter |__ Be that the total cash income of | Unlimited again next summer. Canada’s farmérs reached a record $1,730,000.000 in the first six months of this year. Tt was the fourth straight year farm cash income reached | record heights during that pe- riod and, with receipts continu- Ing at a good rate, ‘‘farm cash income for the full year is ex- pected to he at a high, if not record, level.” The letter also comments on what it calls a “significant de- velopment” in Canadian agri- tulture—the growth of farm marketing boards. "In Saskatchewan, about four-fifths of farm cash income is from products | marketed through agricultural marketing boards,” it says. “In Alberta Manitoba Ontario the proportion is about half; in British Columbia and Prince Edward Island, about two-fifths; in Nova Scotia and New Brunswick, close to one- third; and in Quebec the pro- portion is about one-fifth.” The Maclean Hunter Re- search Bureau reports con- sumers still are in a buying frame of mind, with more peo- ple planning to purchase cars or major household appliances than a year ago. In its regular quarterly, study | of buying intentions. based on interviews with 1.006 persons, the bureau says people are opti- ‘mistic about their financial sit- uation COMPACT SALES SOAR One surprising finding in con- nection with cat-purchase plans was a gain in popularity of compact models—21.9 per cent of those planning to buy a new ear will be looking for a com- pact, compared with only 11 per cent a year azo Featuring six ste, | Led., Truro, N. S. ‘Unlimited e group of partners j —with each member collecting for his own work and paying Gibbs and Brewin for book-] keeping and providing ..equip- ment—such as lawnmowers and ] - ladders. The bureau also reported that retail sales in the first nine months of this year totalled $15,449,260,000, an increase of 6.3 per cent from the similar 1964 period. Gains were recorded in al! 18 lines of retail business covered ‘in the bureau’s survey. The spending spree is help- ing fill the government coffers. An Ottawa report shows sales- tax revenues in the six months from April 1 to Sept. 30 rose 15.7 per cent to $659,900,000 last year, compared with a gov- ernment forecast last spring of an eight-per-cent increase. lots profit. And they may even end | jup with a few efforts. \daunted by the trials \troubles of the business world. | Plenty Work But No Pay, Students Find VANCOUVER (CP)—AH work and no pay—that’s how it ended —but ambitious planned it: it wasn’t the two university Brian Gibbs and Pete Brewin, way students at the University of British Columbia, or ganized Help _ Unlimited, firm with paid student employ- ees who did odd jobs during the \summer. a_ contracting They ended the summer with of experience — but no losses for their The work agency provided |jobs for more than 30 students all summer. They did painting, baby-sitting, lawn-mowing and clean-up ; ‘labor said they had no legal inight to operate as a contrac- itor, and forced them to take | out a licence as an employment agency. And Paddy Neale, secretary of the Vancouver Labor Coun- cil, charged the students with exploiting other students and | undercutting tradesmen The students then made Help But the two students are un- and Both say they’ll operate Help Oe el Ra nat, tenet © Stan: hp Ge eH IE © Yugoslavia Buys American Wheat BELGRADE (AP)—An agree- | -ment on Sale of 700,000 tons of ‘American wheat to Yugoslavia” | has been signed here. E. Burke Elbrick, U.S. am- bassador in Belgrade, and Srdja 'Prica, ambassador in the Yugo- and THE ALL BREED HORSE © SALE Truro Fair Building Friday, Nov. 26th — 1 p.m. cently purchased 1. .1¢ Blooded Horse | Sate, Delaware, U.S.A. by the Jollity Horsemen's Ciub Ltd. Sale managed by the N. S. Animal Breeders Co-operative slave foreig, ministry, the agreement valued at $45,- 889,000, including part of trans- | port costs. Payments will be | made ‘in U,S. dollars in 12 an- instalments, commencing | two years after the shipment has been made. nual signed QUEEN OWNS TIMBER About 4,000,000 cords of tim- | ber are cut on Ontario crown lands every year. Call us for programs, club bulletins, busi- ness letterheads. All work guaranteed. GUARDIAN - PATRIOT CENTRAL PRINTERY Phone 4-8506 ‘" bred colts re- 4 For Only 9.49 WED. - THURS. - FRI. -SAT.!! LOVELY GIFTS — 340 MAKE UP YOUR GIFT LIST - THEN, SHOP & SA VE! Full Slips embroidery designs. White, Pte, earrings. brooches: necklaces in a -variety of numbers and colors. . tect ‘-_ eo. and eon Sime Regular 200-300 .......... 8 Now 1.49 "2 for 1.49 WOME GENCE EEE pare Cups & Saucers Pipes a floral decoration, ‘eg. 3. Genuing” Briar. “Reg. 1.98, 5 for 1.49 » Sale 1.49 (fs a) 7 Place Mat Sets Aluminum Kettles Handkerchiefs Christmas Hand Wovens in assorted colors. 4pc. set. Reg. .98. Sale 2 for 1.49 Sewing Baskets Strong wicker construction with satin lining. Assorted colors. Reg. 1.69. Sale 1.49 Cake : Decorator Sets > All aluminum wrth Copper- tone finish and six assorted tips for icing and decorating ‘pastry or Cakes.” Reg. 1:98: _ Sale 1.49 i Thermos Bottles | 1 pint size with plastic cup. Keeps liquids hot or cold. Fits a standard size lunch kit. Reg. 1.98. ‘Sale 1.49 Whistling model im the 2 quart size. Stationary up- right handle. Reg. 1.89. Sale 1.49 ‘Ra a a a te HO Ca Boys’ Sport Shirts Regular button front or zip over, neat plaids and checks in brown, blue, red, olive. Sizes 8-14. Regular 1.98. 1.49. STA aE Oa a Oe a ae Men's Ties In stripes or fancy patterns in blues, browns, olives, greys. Regular 1.00 - 1.50. 2 for 1.49 CUE ME Men’s Work Shirts In'plaids of red, blue, green, brown. 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Sale, 2 prs. 1.49 All Wool Slims 4 Ironing Pad Sets 3 t= Old Spice Gift Sets g Vere Cotton Ass't. colors, herring bones,-'{ Double layer insulfoam pad ee ek Regular 2.78. Place Mats ioe in oo cares, ‘hi @ eae a ay independ: 2.49 shout ik" 3 18". Rea. a8. i Sale 2.49 Spe Anas ones “Ba Assorted floral designs and Bowling Bugs es son ypc gio tines Tablecloths Coa. for ATae ok ce en a, ES, Anon gh gn ey Segue ainda, Printed design about 50” land. Reg. 2.98. ‘iommuet. “Special 2.49 6.M.L. Reg. 299-998 : 98. : Sale 2.49 Only 2.49 2.49 2.49 Cookie Jars Plastic Overshoes §& Reinforced nylon heels and Corduroy ushoins Novelty designs of well §pulton type, flocked lining # \"tnit ws caters’ tise, Hoan pubher = ae Drapery Petrie ie ae. Assorted col- a Illusion i a ee Sizes 10- cleat, ase't colors bes. 29 cm 45” wide. Sale 2.49 Onty 2.49 3 for 2.49 2.49 each 2.49 yd. | Ladies’ Skirts - Gift Handbags Tex-mede Sheets Boys’ Sweaters Diston Hand Saw 4 Wall Can Openers Lycra Girdles Assorted styles in flannels, A variety of fall handbags in tweeds. Colors grey, black, % black - brown tones, red etc. brown, green, royal and # Regular Value 5.95 - 8.00. camel. Sizes 8-20. Regular value 5.98. Special -3.49 Special 3.49 Afte “Tex-Made”’ Homestead qual- ity 81" x 100”. Reg. 3.79. 3.49 each Tex-made Sheets “‘Tex-Made’’ Homestead qual- ity fitted, % or full size, Reg. 3.98. _ 3.49 each Tex-made Sheets “"Tex-Made” Homestead qual- ity fitted, simgle bed size. Reg. 3.79. 3.49 each Grey Camper Blankets 60’ x 30”. Reg. 3.98.” 3.49 each ; In eardigan or pullover style. In shades of blue, rust and camel. Sizes. 8.M.L. XL. Reg. 3.98 - 5.98. Sale 3.49. rnoons ‘til Christmas! A general purpose saw 24" long by 9 point. Smooth fin- ished hardwood handle. Reg. 4.4, Special 3.49 Boys’ Head Guard Lightweight, fully. adjustable Helmet of high density polye- thylene and lined with foam padding. Reg. 3.98. Special 3.49 Beautiful Doll with saran hair, «approximately 14” tall, in assorted costumes. Reg. 3.98. Swing-A-Way style with wall Round Trays Heavy metal base attractive-— ly decorated in Floral and- Old Masters designs. 14” diameter. Reg. 3.98. Special 3.49. Sele 3.49 STOR: E, HOURS: Charlottetown: Mon. thre. Thorte ee... 9002 5:30 Summerside: Men. thre. Thurse ....3+ +... 0:20 - 5:00 - Seldley 2... oi 0cess wenn $30 + 9:00 Seterday 6s cisceeccessreees B90 - 5:00 All lycra with nylon taffeta front panel, embroidery trim and elasticized back panel. - S,M.L. Regular Value 3.49 ES & Pal