Canadians As Investors In Own Country
Canadians are broadly aware that much foreign capital funds industry and natural resources. Despite dissatisfaction over profits leaving, financial experts say Canadians could now invest more of their own money in new domestic enterprises to fuel development.
MENTIONED IN THIS ARTICLE
Canada
Canadians Use Savings To Meet Investment Needs
Mr J E Coyne deputy governor of the Bank of Canada told the Canadian Life Insurance Officers Association that Canadians have saved over 3 billion dollars in four years and are adding 400 million annually. He said current savings plus surpluses could meet investment needs but much foreign capital still comes in because Canadians avoid risking money on new enterprises preferring housing mortgages and similar conservative channels.
MENTIONED IN THIS ARTICLE
J. E Coyne
Bank of Canada
Canadian Life Insurance Officers Association
Coyne
Corne
Faith In The Future Investments In Canadian Resources
The piece argues future prosperity relies on investments in mines forests and oil fields by Canadians and outsiders. It notes Canadians hold less than half of dividends from Canadian corporations and warns that foreigners may develop the country’s resources if Canadians do not.
MENTIONED IN THIS ARTICLE
Canada
Coyne
Jimmy Nolan Seeks Welterweight Crown in UK
Calgary boxer Jimmy Nolan, Irish by name, leaves for the United Kingdom to challenge for the British Empire welterweight title. He has knocked out most opponents since turning pro and eyes an Empire title shot held by Eddie Thomas of Wales. Nolan plans fall return to defend his Calgary title. Leading challengers include Phil Palmer of Vancouver and Al Marotti of Edmonton.
MENTIONED IN THIS ARTICLE
Calgary
Jimmy Nolan
Western Canada
United Kingdom
Nolan
Eddie Thomas
Wales
Calgarian
Phil Palmer
Vancouver
al Marotti
Edmonton
Alberta life insurance sales rise from 1944 to 1949
E. Fr. Hughes reports Alberta life insurance purchases surged to 107 million dollars in the previous year, more than five times the 1944 volume, addressing a Life Managers' conference. The Paleozoic note on cockroaches is also mentioned.
MENTIONED IN THIS ARTICLE
Alberta
Edmonton
E. FR. Hughes
Life Managers’ Association
Hughes
Selected Iriecipies Strawberry Whipped Cream Pie
Whip cream with sugar and vanilla then fill a baked pie shell with the cream. Layer fresh strawberries, cover with more berries, then glaze with a sauce made from strawberries sugar corn syrup water and cornstarch. Boil, strain, and chill before serving.
Cake Recipe Steps For Simple Butter Cake
The directions describe sifting flour with baking powder and salt, creaming butter with sugar, beating in an egg, and alternately adding flour and milk until smooth. Stir in vanilla, bake in a greased 8 by 8 by 2 inch pan at 350 degrees for about 50 minutes.
15000 Reservists For Camp Training
The Army projects summer training for a peacetime record 15000 reservists this year, a one third rise from 194? levels. About seven thousand will report to Petawawa Ontario and the rest to Esquimalt Chilliwack Wainwright Dundurn Shilo Picton Valcartier and Aldershot. Last year 11000 trained. 1940 saw about 30000 while 1931 had 1487. Experts say about 60 percent of accidents could be prevented.
MENTIONED IN THIS ARTICLE
Ottawa
Ottawa Valley
Petawawa
Ont
Esquimalt
Chilliwack
B.C
Wainwright
Alta
Dundurn
Sask
Shilo
Man
Picton
Valcartier
Que
Aldershot
N.S
Saskatchewan Open Golf Tournament Planned at Wascana
The Saskatchewan Amateur Golf Association announced the Saskatchewan open will be held August 26 and 27 at Wascana Country Club Regina. The Western Professional Golfers Association will sponsor. The event aligns with Alberta open and Western professional championships in Calgary the following weekend. Officials expect about 25 pros and prize money between 1000 and 1200 dollars.
MENTIONED IN THIS ARTICLE
Regina
Saskatchewan Amateur Golf Association
Wascana Country Club
Western Professional Golfers’ Association
Saskatchewan
Calgary
Tariff Increase on U.S. Strawberries Stirs Canadian Market
Ottawa announces a shift from 10 percent ad valorem to a specific duty of 135 cents a pound on all U S fresh strawberry imports for Quebec and Ontario east of Port Arthur. The tariff aims to protect Canadian growers during six weeks of harvest, after which the rate reverts to ad valorem. Rationale given by L F Burrows of the Canadian horticultural council.
MENTIONED IN THIS ARTICLE
Ottawa
Revenue Department
United States
Horticultural Council
Quebec
Ontario
Port Arthur
L. F. Burrows
Canadian Horticultural Council
U.S
Humorous 1920s Quips and Quick-Witted Exchanges
A collection of light vignettes and quips featuring a startled old lady, a wry hostess, a practical wife, and street interruptions. Jokes cover dating, propriety, car shifts, stolen wallets, and social banter with sharp one liners.
Lions Club Loses Mail Privileges Over Raffle Tickets
Kirkland Lake Ontario Postmaster William Garvan bans the Kirkland Lake Lions from using the mails to distribute raffle tickets until the raffle is drawn. The ruling ends their mail distribution rights for the fundraiser.
MENTIONED IN THIS ARTICLE
Kirkland Lake
Ont
Alberta Reduces Provincial Debt
Alberta paid off 14,486,000 in Canadian delibentures 4,091,000 in sterling stock and 1,182,000 in United States pay debentures totaling 19,749,000 in debt reduction. New York refunding of 59,885,000 US bonds streamlined indebtedness to under 3 percent. Province expects 22,000,000 in savings. Total funded debt stands at 101,227,000.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Canada
Great Britain
New York
United States
Mary
King George VI
Central Press
Vancouver Employer Gifts Yearly Cars to 100 Senior Workers
Vancouver firm head L. D. Dueck awards a new car each year to 100 senior employees and allows junior staff to use a new car during vacations. The program, started in 1942, aims to boost workmanship and productivity with annual car replacements for all staff and no charges or restrictions.
MENTIONED IN THIS ARTICLE
Vancouver
L. D. Dueck
Mr. Dueck
Publisher Closed For Fishing Good Luck
Kewanna Indiana notes the Observer office will close June 1 2 and 3 due to good fishing conditions. Patrons may leave news items advertising or request job estimates with the paper door left open. The quirky notice reflects early 20th century publishing practices.
MENTIONED IN THIS ARTICLE
Kewanna
Indiana
Kewanna Observer
Bill Lyon
the Observer
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