The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

-- THR DAILY TIMES-GAZETTH, Fridey, July 4, 1958 Toronto, Montr TORONTO By The Canadian Press Toronto Stock Exchange--July (Quotations in cents unless marl 3-0dd lot, xd--Ex-dividend, x rights, xw--Ex-warrants.) . Industrials High $16% 140 $47% $30 $20% M7 $41% $64 Stock Low Alta Gas Alta Dist vt Alum 2 pr Bales 315 20 $46% 46% $41% $52 $10% 510 100 200 200 210 z5 200 4155 220 250 25 60 Fam Play 25 Gatineau z5 Gat 5% pe pr 25 G Dynam 10 GMC Gypsum H Carpet Imp Oil Imp Tob Ind Accep 1 Ac wis Inland Gas Inland G pr Int Pete Inter PL Jefferson Labatt LobGro 1 pr LobCo A LobCo B LobCo pr M Leaf Mill Massey-F Massey-F pr Moore N Star wis Ocean Cem O Jock wits Page-Hers Pbina New Powell R P Pipe Mig Roe AV Can Roe AV 5% StL Corp Salada-S Salada-S B Salada-5 wis Shawin 29 23% 38% 62% 6 23% Th 62% LJ "uy 40% 21% 44% 40% 50 10 27% Trans C PL 1 Sales High Low Noon Ch'ge 25 $83 83 83 $28% $29% $29% $10% $26 5 ked $. r--Ex- $29% $28% Oils 100 180 350 570 Provo Gas Quonto Richwll Royalite Sapphire Secur Free Un Oils Wayne W Can OG WC 0G rts Advocate Agnico Alba Expl A Rouyn Area Arjon Atlin-R Aumacho Avilla Barnat Cent Pore Chimo Coldstrm Coniagas > Denison Discovery > Halliwell 1000 5000 100 100 600 20600 4100 3500 500 41800 11000 300 16500 6300 150 200 1500 1800 80300 5500 1060 $17% 1600 50 21500 400 4200 2000 275 3000 1000 East Mal Falcon Faraday Francoeur Goldcrest GF Uran Greyhk Gunnar Headway Hud Bay Int Ran Irish Cop Jacobus Lake Ling L Shore Lexindin Lorado eal Noon Stocks Sales High Low Noon Ch'ge 50 2% 275 SI 19 7% 17% 17% Net Stock Can Malt pr C Int Pow C Int Pow Fam Play Fam Play Foundation Fraser High Low p.m. Ch'ge 10 Sales 300 Stock Louvict Lyndhst 1000 Macdon 50 MacLeod 3200 Maneast U 2500 Maralgo 47000 Martin 500 McKen McWat Milliken Multi-M 10 28% -- % 1 29% 5 29 10% 26 28% 29% 29 10% 26 +A % + 29% + % +1 29% 28% New Hosco 299955 260 N Mylama 1000 Noranda 30 Norlartic 30000 Normetal Norpax 1000 N Rank 15000 Northsp 100 Norvalie O'Brien O'Leary Opem Orenada Ormsby Pardee Pee Expl Peerless N Gas zl4 1 " dw Sra aa Roe AV C pr 35 $103% Royal Bank 197 StL Corp 100 Shawin 480 Sicks vi Tr-Can PL Walk, GW Que Ascot 30 330 Que Lith Radiore Rockwin Sand Riv Sherritt Slocan VR 2000 Stanleigh 300 Stanlgh wits 200 Starratt 13000 Steep R 560 Temag 1000 Violam 100 Wiltsey 63700 Wr Harg 795 6500 Zenmac Sales to 11 2 .: 1,461,000. MONTREAL By The Canadian Press Montreal Stock Exchange--July 4 (Quotations in cents unless marked $. 2---0dd lot, xd--Ex-dividend, xr--Ex- rights, xw--Ex-warrants.) Industzials High Low Ni $28% 28% Abitca Ang Nfid Can D Sug C Paper Con Gas Cuii G ris D Oilcloth Moore 56 56 10% 10% 975 975 20 90 Pow C pr Qce Phone Trans Mt 40 Baker Tale Bornite Cdn Atl OiF 800 Cdn Dev 500 600 C Homestd 500 4500 17300 400 1000 3: 2500 Canorama Continent East Sull Falcon GF Uran Gui Por Ur Hollinger Iso Uran Merrill Mid Chib Monpre Montgary N Spring Norvalie Okalta Opemisca Orchan Paudash Porcupine Portage Que Lith Tache 250 Net 4000 oon Ch'ge 28% -- Y% 29% -- Ya 25% 46 Stock Abitibi Algoma Alumin Argus 2.50 pr Asbestos Atlas Steel Bank Mont Bank NS C Bk Com C Brew C Bronze Banque CN Bath Pow B 100 Bell Phone 1162 Bow Cor Spc 75 Brazil 426 BC 220 BA Oil 565 $ BC Forest 200 BC Power 220 Can Cem 100 Cl Fndry 25 8 Bales 400 225 29% 7 300 200 100 22 165 60 225 240 Power FEES Sales to 11:30 26,300, mines and oils 1 # ++ {+L ) © industrials & 6 54 54 LIVESTOCK REVIEW Steers And Steady At Stockyards TORONTO (CP) -- Prices on steers, heifers and yearlings were steady this week at the On- tario public stockyards. Cows opened at prices steady to last week and closed fully 50 cents a hundredweight lower on the top grade with canner and cufter prices generally un- h d. The per of cows was 26 compared with 33 per cent fast week. Bull prices continued to ease on a bearish demand. Veal! calf prices were steady end hog prices were 50 cents a hundredweight higher. Sheep and lamb prices were generally un- changed. Cattle receipts were some 2,200 head fewer than last week and nearly 500 head fewer than the same week in 1957. Receipts from Western Canada totalled 274 head compared with 404 head last week. Shipments to Eastern Canadian slaughterers were only two carioads compared with 13 carloads last week. There were no exports to the United States. Prices Slaughter cattle: Choice steers were mostly 24 with sales to 24.50 with a few lots' selling higher; 15-19, Heifers mediums 19-20.50; commons 17- 18.50: choice fed yearlings 23-24; Fireworks Climax Quebec Celebrations By TOM MITCHELL in the numerous parades. In each British left Thursday --and the Canadian Press Staff Writer |one were about 80 floats---.most flags strung along miles of streets QUEBEC (CP) -- A glittering|depicting scenes t;pical of the will start to come down. with an odd steer calf to 24.50; commons 22-23; good cows closed at 16 with sales to 16.50; med- iums 15-16; commons 14-15; can-| pers and cutters 12-14; good| h eavy bologna bulls were mostly 19.50 with common and mediums| Street dances, monies, {Thursday night were crowded This is Quebec's '"'Annee de Replacement cattle: The best stockers sold at 22-23 with some| sales slightly higher; 20-22. i Calves: Good veal calves 26-28] with an odd milky calf selling up mediums | | orating the settlement of one of gpd the explorer was honored at fireworks display set off or thefirst settlement here in 1608--and - Plains of Abraham has climaxed up to 60 bands. Prisoner Flees the biggest birthday party in Que-| Each parade brought crowds . . bec City's history--two weeks of | four or five deep along the side-| From Penitentiary celebrations marking the city's walks of the parade route--and 350th anniversary |the expected traffic jam after as| KINGSTON (CP)--A prisoner religious cere-|thousands of cars headed for has ied, rom " Kinga » eulten parades and feasting home at the same time. hgh od ce a an with the aid of a rope and hook. | He was identified as Bruce Saunders, 33, of Windsor, Ont., who had served two years of a nine-year-sentence for armed rob- bery. | Saunders was working in the into the jubilant party commem- Champlain" -- Champlain Year-- North America's oldest centres. each gathering. Quebec City was established by| the French in 1608 -- a dozen TRIBUTE FROM PM Prime Minister Diefenbaker, years before the pilgrim fathers to 30; mediums 22-26; commons |landed at Plymouth Rock in what who placed a wreath at the foot 19-22; boners 16-19. now is the United States. of the Champlain statue on the Hogs: Grade A 32.50; heavy official delegates from Britain, terrace, paid tribute to the city's |boiler room along with a guard, a fireman and another inmate sows 24 with light sows at 26 a nundredweight; stags 16 a hun. | dredweight dressed. Sheep and lambs: Good lambs | were 24 a hundredweight; med-| iums and heavies ranged down| to 20; commons 16-19; sheep 4-10| with some good light sheep at 12. BUFFALO AP) -- Pre-holiday trading was dull Thursday with| too few sales to establish prices. | Receipts: salable cattle 50, to- tal 170; salable calves 75, total | 75; salable hogs 50, total 325; sai- | good 22.50-23.50; mediums 20.50- 22; commons 17-20; good heifers 21-22 with some sales at 22.350; able sheep: no arrivals. | The market was closed today, the July 4 holiday. France and the United States and founder at a state banquet Thurs-| When he made his break Thurs- By GERALD FREEMAN Canadian Press Staff Writer BAIE COMEAU, Que. (CP)-- Transmission jowers stride like ~pindly giants across the craggy countryside, trailing the power cables that carry Baie Comeau's lifeblood. Like other communities in the nortn shere of the St. Lawrence River, Baic Comeau had been sit- fing at the front door of the great Labrador-Ungava treasure house of mineral and timber wealth, waiting for the boom to start. Then it started its own boom ture: Power and people. Quebec North Shore Paper Com- pany here in 1936, and the news- print mill brought the people, COMING OF SMELTER The town now has 7,500, with an equal number in nearby com- munities. Young men were leav ing to find work elsewhere in 1955, when the formuia was first proven. The Canadian British Aluminium Com pany Limited moved in to build a $100,000,000 smelter, providing 900 new jobs. With the labor pool strength - pany officials say new secondary industry is certain to follow. Surveyors have already been at work seeking a location for proposed grain elevators here which could make Baie Comeau a competitor with Montreal as a port of trans-shipment, A. A. Schmon, president of the paper company, predicts Baie Comeau will soon be an 'industrial metropolis" of 25,000. The paper company was draw- mg 70,000 horsepower -- barely enough to meet its needs--from 1949 it formed the Manicouagan Manicouagan River. with a potent formula for the fu-l, Power and timber brought the | The power company set up shop for 250,000 horsepower, a fraction of the Manicouagan's 4,000,000 horsepower potential but far more than the newsprint mill needed. FORM NEW COMPANY It began casting about for cus- tomers at the same time the Brit- - Baie Comeau Waits For Boom To Start It is taoped daily into conveyer trucks--great . pots on wheels-- and transported to tanks where it can be drawn out in blocks or sheets or, usually, ingots now worth about $500 a ton. The process is aimost auto- matic--only seven men a shift are needed on the potlines. Every | h I is a British tech- ish Alumini Company was searching the world for a place to build a new smelter. The two companies joined forces in 1955 to form the Canadian British Aluminium Company and imme- diately started work on the smel- I, | The first ingot was produced Dec. 23, 1957 and it was officially opened June 14. The smelter has been designed in four stages--each a series or potline of 170 power-guiping elec- tric furnaces strung out in four rows half a mile long inside shed- like buildings. Each stage is to be capable of nroducing 40,000 long tons (2,200 pounds) 'of aluminum ingot & vear. The first stage is in full production, and the second stage is to begir operation this fall and reach ful: production next spring. ened and diversified by the smel- | The aluminum is made from cer, and the mighty Manicouagan (alumina, refined bauxite, brought | River virtually untapped, com-!from the tropics. A fine white] |powder, it is snuffled up from |the holds of ships at the rate of 170 tons an hour by pneumatic un- .oaders and blown into storage silos. . {BIG OPERATION | The unloaders -- dubbed |"'vacuum cleaners"--operate at new docks built by CBA to jraw material and 80,000 tons of [outgoing aluminum each shipping |season. When the alumina is molten in |the furnace electrolysis takes I paste of molten carbon and pure BUSINESS SPOTLIGHT By DAVID QUINTON Canadian Press Staff Writer VANCOUVER (CP) -- British Columbia' is watching the emer- gence of Alaska from the status of territory to a U.S. state with more than neighborly interest. Plans are already under way {for an official visit by Premier Bennett as soon as Alaska offi- cially becomes the 49th state, possibly in six months. Alaska, with an area of 586,400 square miles, or one-fifth the size of the United States and a third as large again as B.C, is mally situated well to the north of the orovince. But Alaska and B.C. share a 700-mile border to the B.C. Watches Emergence Of Alaska As State miles south of here, a monopoly of shipping and blocked Cana- dian ships from carrying freight from Canadian ports to Alaska. Prince Rupert, northwestern terminal of the CNR 500 miles north of here, may again bask in the light of a promising future denied it when the main terminal of the Trans - Canada Railway was established here instead of at Prince Rupert as had once been promised. Freight, for example, could in future travel from the U.S. Mid- West by rail to Prince Rupert, then by sea to Alaska. Premier Bennett and B.C.'s At- torney - General Robert Bonner province's northwest, a strip of land--the "panhandle"--that has cut off a number of possible Canadian outlets to the sea. B.C. stands to gain when Alaska becomes a state and the Jones Shipping Act which limits coastal shipping between the U.S. and its territories to American) ships, no longer applied. The act| thousands of tourists joined Cana. day night. [ga. 25s bsence was noticed a dians in honoring the old walled] Speaking in French, he said: : has given the port of Seattle, 155 said Wednesday the value of the B.C. government - owned Pacific Great Eastern Railway will be enhanced by Alaska's statehood. The PGE straggles through the ot rician teaching the Baie Comeau workers: the tricks. Viscount Portal, wartime RAF head and chairman of the board of British Aluminium, said his company has guaranteed to buy Drought Hits Prairie Grain Crops Hard OTTAWA (CP) -- Drought has hit the Prairie grain crop hard. Trade Minister Churchill calls it a disaster. The federal govern- ment may have to pay record sums for drought relief. The federal payments may rise to a record $40,000,000-plus this year as hopes fade that dried-out areas of Saskatchewan and west- ern Manitoba can recover from U.S. Shoul Widen Oil Mart -- Whi MONTREAL (CP)--The urge the United States to its market for Canadian oil says president J. R. White of Imperial Oil Limited. The logical market for Cana- dian crude oil is the American northwest Mr. White told a press conference Thursday. "It is to the American advant- age to permit us to sell more crude oil to the United States so that Venezuela will be able to sell its oil to Canada." He suggested that if Canadian producers are not given American markets the *Ottawa government will be under press- ure to encourage construction of a pipeline to Montreal. If a pipeling is built the Cana- dian market for Venezuelan crude oil would be cut off and Vene- zuela would press the United States for compensatory assist= ance said Mr. White. # all Baie Comeau's production, but hopes to sell some in Canada. He saye the future for alumi- num is wide open. "People did not adapt the metal before because they were not sure of supplies. Now that there is a surplus of supplies, we are expecting great new develop. ments." ' one of the most rainl in many years. In the Commons Thursday, Mr. Churchif--the minister in charge of moving the grain crop--said a great loss already has been suf- fered in crop damage and as time goes on the chance of re- covery befome less. that |handle 500,000 tons of incoming| The major crisis is in animal feed, with the bureau of statis- [tics here reporting a further de- terioration in the Saskatchewan- Manitoba situation. In many areas, there already was a criti- its original dam on the Outardes |place--oxygen and other gases|cal shortage of hay. River 12 miles distant when in(pass off into the air through a|pAST HELP In Winnipeg, H. A. Craig of the Power Company to tap the nearer aluminum gathers at the bottom Manitoba agriculture department 'of the furnaces. |said some grain crops have passed the point of recovery, no {matter what rainfall comes from now on. "No matter what happens, we can't expect an average crop," said R. E. McKenzie, director of] the plant industry branch of' the Saskatchewan agriculture depart- ment. R. E. English, Alberta govern- ment farm statistician, said: "General rain over the week- end improved crop prospects in most parts of the province. How- ever, in many sections the mois- ture situation was critical before] the rain, and more will be needed to ensure a crop." WILL HOLD STOCKS In the Commons, Mr. Church- ill announced the Canadian wheat board is prepared to hold stocks) of wheat, oats and barley as feed grains to the extent that Prairie provincial and municipal authori- ties consider necessary. Canada has a large wheat sur- plugrand there will be no short- age in this grain. But the crop Vacation Don't forget your camera and Kodak film | Na _ fe, aff a price on this deluxe-model movie-maker srownNie Movie camera) Lowest price ever on this deluxe model Brownie with fast /2.3 | lens, "tri-field" finder, and rich Kadai Pig iin dy inexpensive and remarkably easy to vse, too -- just turn @ dial to match the day's light conditions . . . then aim and shoot. No focusing needed. With this wonderful camera, color this year may be no larger than the below - average 370,000,000 bushels of last year. Some farm- movies are simple as snapshots, ers without farm-held surpluses may find themselves in a bad spot. While harmful to some individ- . MITCHELL'S joi uals, the situation may lead to a strengthening of wheat prices at a time when the United States thinly populated northern areas of the province and presently ends at Taylor, 800 miles north of here in the prosperous Peace River country, anticipates a bumper harvest of!g winter and spring wheat of about 1,271,000,000, bushels, | city and its founder, Samuel de, 'Champlain put his imprint Champlain. upon the North American contin- Sailors from four navies ent from Newfoundland to the thronged the streets during the Rocky Mountains, from Hudson celebrations and mounted guards| Bay to the Gulf of Mexico. Cham- of honor for the many ceremon- plain's ambition was to see born ies. A French destroyer, the Du| beyond the Atlantic a 'mew world Chayla, the British cruiser HMS in which occidental culture might Birmingham and the big Ameri-/ flourish. That is why we must can aircraft carrier USS Leyte render homage to . . . the man joined four Halifax-based RCN rightly considered to be one of destroyer escorts here. Canada's founders." SEVERAL PARADES This morning the French and|, The sailors, with local military Canadian ships were to leave and civilian units, also took part'their berths--the American and of Ontario. of the Union. 'NOTICE TO THE PUBLIC On Thursday, June 19th a meeting took place between repre- sentatives of the Oshawa Hotel Association comprising the Cadillac, Central, Genosha' Lancaster and Queen's Hotels and representatives of the Hotel and; Restaurant Employes and Bartenders International Union Local No. 280, Toronto, to discuss the contents of the Report of the Board of Concilia- tion established by the Department of Labour of the Province The hotel managements agreed to include in the new col- lective agreement Maintenance of Membership. clauses but declined to give the Union Shop with a Check-off as demand- ed by the Union. The representatives of the hotels were un- animous in the view that employes should be free to join or 'not join a Union but that if an employe chooses to join a Union he thereby assumes an obligation to support the organi- zation by maintaining membership for a period approximat- ing the term of the agreement. At this meeting the hotels agreed to accept the report of the Board of Conciliation, which was a unanimous report signed by Judge H. C. Arrell, Chairman, E. MacAulay Dillon, Q.C., nominee of the employes and A. F. MacArthur, nominee 124 WILSON RD. SOUTH HAS BEEN APPOIN SHERWIN-WIL ROW OSHAWA TED TO CARRY TH LIAMS PAINTS PHONE R ARE Your well-known neighbour and hardware \ dealer is proud to offer you a complete range of pany is still in the forefront in quality and product improvement, and Sherwin-Williams paint§ can be used with absolute confidence as to results. _ superior paint products carrying the world-famous Sherwin-Williams trademark. This 80-year old com- SHERWIN-WILLIAMS PRODUCTS SWP EXTERIOR HOUSE PAINT « ONE COAT WHITE MAR-NOT PORCH and FLOOR ENAMEL - ENAMELOID FULL GLOSS ENAMEL ENAMEL UNDERCOATER + REXPAR CLEAR VARNISH FLAT-TONE and SEMI-LUSTRE ALKYD FINISHES = COMMONWEALTH BARN PAINT | THE SHERWIN-WILLIAMS CO. or canapa, ums