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. « a a at CR aaa a ; TROTTING BOOKIE 'Mutuel Betting Spells Disaster TORONTO (CP)--Ontario trot- maintain the grounds and build- ting's foremost bookie, 74-year-|ings. old Harold E. Wicks, says pari-| "Don't let him say we don't mutuel betting at one-day meets pay taxes either. I pay mine in would spell financial ruin" for|income tax and corporation tax club operators and fairs. |through the Toronto Driving As- "The fair can't afford the pari- sociation." mutuel system," he said Wednes- Small meetings are operated, day. in comment to the Ontario wicks explaified, through a char- Racing Commission's .backing: of ter, usually costing $40 a day. a proposal to bar bookmakers Bids are then taken for the right from standard-bred tracks. to operate, ranging from $125 to "It would kill the one - day more than 10 per cent of the meet." book's handle or gross betting re- Wicks' remarks were sparked ceipts. by ORC chairman Tupper S.|g Bigelow's comment Monday that small aoa. more than 100 legalized bookmakers pay one- or two-day fairs in Ontario taxes and do not give bettors the ould not reach $100,000 in a same fair deal as pari-mutuels. voar. said Wicks Magistrate Bigelow told a" "Why, the amount wagered in select committee on government one day at a small track is administration bookmaker - bet-handled in five minutes at Old ting is not big business in Ontario woodbine." and is a 'headache' for the com-| Apart from Old Woodbine in mission. Toronto, which operates 50 days "I don't think that's the way a year, only the harness tracks Premier Frost thinks," Wicks re- at London and Peterborough marked. NOT PRACTICAL Wicks has operated a mobile Premier Frost admitted that pari-mutuel machine one reason the province reduced fairs, but says it's not profitable. the tax on pari-mutuels was to| «J think mobile pari - mutuels encourage their use and help the sre out of the question at the small fairs. He said, however, he ontario fairs," said Hal B. Wat- realized it was not practical in gop secretary of the Ontario the smaller places. ee ec p---------------- "Bookmaking at the local fairs REMEMBER WHEN ia ? has never been a particular evil," he said. "I have no objection to, gy THE CANADIAN PRESS it..." : The Kentucky Derby winner, Under the pari-mutuel system, Needles, captured the 88th run- said Wicks, only the provincening of the Belmont Stakes four would make money, through its years ago today in a driving fin- nine-per-cent cut and the hospital |ish, coming from behind to score tax on admissions. {by a neck over Career Boy. The books couldn't afford to|Needles' bid for the triple crown pay the government and the fair|of the American Turf however committee, which takes its profit|had been spoiled when Fabius |year. at some LJ Standardbred Racing Association. He believes one-day meets will soon be finished. Owners, he said, | want to stay at one spot, rathep| than "rambling round the coun- |tryside for stakes of $200." He said the oldtimers who go), to the county fair races don't] really trust the pari - mutuel machine and prefer to do their! betting with the bookmaker. 19 SUE SPEEDWAY INDIANAPOLIS (AP) -- Nine- teen suits asking almost $3,000, 0c" damages from the scaffold | collapse that killed two specta- {tors at the 500-mile auto race |May 30 were filed here Wedne day. The suits against Indiana- {polis Motor Speedway contend | the makeshift stand fell because {35 to 40 unauthorized spectators [climbed on to see the start of the |race. The petitions contend the ra TY . | speedway management failed to the camera as he topped the | control the crowd. | bar in the high jump competi- Dennis Brown is caught - by tion at School T ve ny Field Day Thursday afternoon. His jump | UP AND OVER AT HARMONY FIELD DAY of four feet seven inches was the best among the contestants Public { in his class. | bought wfter April 30, 1960. --Oshawa Times Photo |2 Mines May Amalgamate ; TORONTO (CP)--Consolidated "| Sudbury Basin Mines Ltd. Wed- || nesday announced plans to amal- gamate with Giant Yellowknife | Gold Mines Ltd. Under the terms of the amal- gamation Consolidated Sudbury '|will puychase Giant Yellow- / | knife's fold mine, mill and plant Northwest Territories for| plus 70 per cent of the any new Following the purchase, the # | companies will merge under the name of Giant Yellowknife Mines | Ltd. One share will be issued for | each present Giant share and one » share for each 25 of Consoli- ~ | dated Sudbury. "| On completion of amalgama- "i | tion, the capital stock position of {the new company will be 4,500, ; {000 authorized shares without par ~ |value of which 4,303,050 will be issued. Giant shareholders will receive 4,000,000 shares. Ventures Ltd. has direct and indirect interests in 30.08 per cent of shares of the Giant Yel- lowknife and 28.69 per cent of Consolidated Sudbury. The new company is expected to apply for listing on the Tor- onto and American stock ex- RS gate J AL a 2c THE OSHAWA TIMES, Thursday, June 16, 1960 21 Canada's People Catch Up To Food GUELPH (CP)---Canada's pop- ulation is fast catching up to her food producfion, Dr. H.L. Patter- son, director of farm economics of the Ontario department of] agriculture, warned Wednesday. He spoke during a panel dis- cussion on effective land use to the Ontario chapter of the Soil Conservation Society of America. were consuming more and more livestock products due to increas- ing population and a shift in consumption patterns. Dr. Patterson said Canadians] Streetsville Review In New Hands TORONTO (CP)--The Review, a weekly newspaper published in nearby Streetsville + since 1846, has been purchased by Ralph Blackmore, financial editor of the Toronto Globe and Mail, from Mr, and Mrs. Anthony S. Men- dell, it was announced today. Mr. Blackmore - has been fi- nancial editor of The Globe and Mail since 1954, He has resigned that position to assume direction of The Review. Mr. Mendell has changes. been editor since 1946. EXPORT 14] PLAIN OR FILTER CIGARETTES P |operate more than two days, in a | | "THE STORE OF MIGHTY VALUES" from this source and uses it to won the Preakness. © White, beige leathet 4-9 holf sizes ¢ ! for the entire family | 15 Simcoe St. N. Oshawa Shopping Centre RA 5-3874 RA 5-9122 Terrific Values Just in Time -- for -- FATHER'S DAY! £16 Simcoe St. S. LOOK! RESS DAD Plus Yourself for Only... 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