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The Oshawa Times, 9 Aug 1961, p. 18

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§8 THE OSHAWA TIMES, Wednesdey, August 9, 196. Oshawa General August 6, 1961, weighing A brother for Janine ad INTERESTING FAMILY HISTORIES © with The Oshawa Times RA 3-3492. DEATHS IMESON, Helen At her late residence, 90 Park Road South, on Tuesday, August 8, Helen Richardson, beloved wife of Robert Imeson anl dear mother of Jean, Don- ald, Ralph and George, Oshawa, in her 74th year. Regting at the Mecintosh- Anderson Funeral Home, 152 King Street East, for services in the Chapel on Thursday August 10, at 3 p.m, In- terment Union Cemetery. KUDIN, Andrew Entered into rest in the Oshawa Gener- al Hospital on Monday, August 7, 1961, Andrew Kudin, beloved son of the late Mr. and Mrs, Peter Kudin and brother of Mrs, John Lenchak (Helen) of Toronto in his 66th year. Resting at the Arm- strong Funeral Home, Oshawa, with mass in St. George's Ukrainian Greek Catholic Church Thursday, August 10, at 9.30 a.m. Interment St. Gregory's Cemetery. Prayers at the Home Wednesday at 8 p.m. Funeral MYLES, William At Oshawa General Hospital on Tues- day August 8, 1961, William Myleg, be- loved husband of Florence E. Prior and loving father of Mrs. C. Badour (Emily) Port Perry; Mrs. A. Cockerton (Isa- belle), Mrs. S, Saunders (Dorothy), Mrs, D. Kewin (Ruby), William Jr., Douglas, Jack and Allan, all of Osh. awa. The late Mr. Myles is resting at Mcintosh-Anderson Funeral Home, Ser- vice in the Chapel on Thursday, Au- gust 10, at 3.30 p.m. Interment Mount Lawn Cemetery. RICHARDS, Annabelle Entered Myers (Nina), Oshawa and Miss Bea Richards, Port Credit, in her 7ist year, Resting at the Armstrong Funeral Home, Oshawa (commencing Wednes. day evening), with memorial service in chapel, Thursday, August 10, 3.30 p.m, Interment Oshawa Union Ceme- | tery. RUNDLE Entered into rest in Ann Arbor, Michi gan, on Sunday, August 6, 1961, Joyce Robinson, beloved wife of Dr. F. Wil- lam Rundle, mother of Mary Claire | and Charles and daughter of Cedric and May Robinson and sister of Mrs. Ray Trew (Doris) and Mrs. Wallace McKnight (Jean) in her 3lst year. Resting at the Armstrong Funeral Home, Oshawa, (commencing Wednes- day noon) with Memorial Service in the Chapel Thursday, August 10, at 2 p.m. Interment Ebenezer Cemetery. SHORT, Blake Suddenly as the result of an accident in Bowmanville on Tuesday, August 8th, 1961; Blake Short, beloved husband of Mary Ann (Birdie) Burk and dear father of LeRoy, Bowmanville and Russell, Brooklin; in 64th year. Resting at Northcutt and Smith Fun- eral Home, 53 Division Street North, Bowmanville. Service in the chapel on Thursday, August 10, 3 p.m, Inter- ment Bowmanville Cemetery. WILLIAMS, Frederick Charles At the Oshawa General Hospital on Wednesday, Aug. 9, 1961, Frederick C. Williams (555 Cubert Street), beloved husband of Daisy M. Butler and loving father of Frederick Junior. late Mr, Willams is resting at Mcintosh- Anderson Funeral Home. Service in the Chapel, Friday, August 11 at 2 p.m. Interment Union Cemetery. Friends are kindly requested not to call at the Funeral Home until Thursday. GERROW FUNERAL CHAPEL Kindness beyond price yet within reach of all 728-6226 390 KING STREET WEST LOCKE'S FLORIST Funeral arrangements floral requirements for occasions. OSHAWA SHOPPING CENTRE 24 HOUR PHONE SERVICE 728-6555 ond all GIDEON Bibles are a continuing me- morial. For placement contact funeral director or phone 725-2327. .|ants said today. The upturn in TORONTO 11 AM. STOCKS By Th INDUSTRIALS 1 Sales 75 600 $9% 9% 7240 $22% 22% 22% 300 275 100 1 05 105 105 10 $10634 106% 106% $14 14 14 dg 200 Cons Bldg p 100 Con Gas 1814 Corby vt 260 $19 Net High Low a.m. Ch'ge $415 41% 41% -- % 9s -- Y% $213 21% 21% -- 220 220 220 Stock Sales Exquisite pr 200 Fibre pr z30 Fittings Ford Com xd Fraser Frosst A Gatineau 100 40 81. 145 $25 Ya 100 y Jock C p 2100 Kelly DA xd 100 Mon Foods 3715 High Low a.m. Ch'ge Ya $11% 11% Today's Stock Market Listing 11 Net Stock Mont Loco Moore Nat Drug NO NGas Nor Phone Oshawa A Page-Hers Parker Phina Phantom Pow Corp Premium QN Gas QN Gas wt Roe AV C Rothman Royal Bank Royalite Royalite pr Russell Salada-8 Ogilvie Alminex Am Leduc Bailey SA 140 1 000 365 7 z50 700 $ 1 C Mic Mac C West P 27% Dev-Pal 11% + % $23% Dome Pete 400 95 a EA A UNH Sf a rng I BUSINESS SPOTLIGHT Assess Quality Of Independence 'ers some of the participants at the conference and no complete answer is given. However, given that an area justifies its ence--perhaps in world opinion --then independence is the only basis on which it can progress, This view is expressed ularly by Andre Philip, economist, intellectual and for- mer cabinet minister. Mr. Philip, a supporter of in- dependence for all peoples, in. cluding Algeria, has a well-de. fined philosophy of starting at the beginning in anything and expanding from there. He sees the farm and the ru- ral village as the place to start national development; and he sees the independent national unit as the place to start to- wards wider international co-op- eration. He apparently sees such eco- nomic co-operation in terms of regional associations and has not said what this might lead to on a global basis. However, he is against too much concentra. tion of authority. Several speakers have em- phasized that countries schooled in democratic institutions must cases, equated independence not expect that those just em- with getting all the materialierging politically can adopt things they hitherto lacked. those institutions immediately. However, with independence At first, a strong leader is they find there is still hunger needed. All that could be asked and privation and this frustrates is that there be some medium them. Also, after independence of discussion and the way left is won, there may be tendencies open for the development of towards fragmentation. People more advanced political institu- nto Excharige Net High Low a.m. Ch'ge 17% 17% 17% -- 4% 215 75 205 8 L L B70 860 870 5 27% 21% 21% -- 4 $55 55 85 -- $86 85% 85% 15 115 115 2% 2% 23% 21% 21% 21% s on Toro High Low a.m. Ch'ge S11% 11% 11% -- 4% $10 10 10 ~ % 2s 925 925 -3 15 15 + % 1 High Lowa.m 4 1H Mu Stock GF Mining Grandue Gulf Lead Gunnar Hollinger Hud Bay xd Int Nickel Sales 1000 400 1500 Stock Gr Plains Home A Home B HB 0il G Medal 1 A . Ch'ge | By FORBES RHUDE Canadian Press Business Editor GENEVA PARK, Ont. (CP)-- National independence is a pre- requisite to progress but, once achieved, it is not all beer and skittles. This, to put it lightly, seems to be the eentral theme devel- oped so far in the week - long summer conference of the Ca- nadian Insitute on Public Af- fairs, which started Saturday. The theme, as variously ex- pressed by a number of speak- ers, runs about as follows: Individual man must first be- long to himself before he can give to anything else; and na- tional independence is a pre-re- quisite to individual freedom. MUST JOIN OTHERS To sustain independence, how- ever, a state must be a work- able one both politically and economically. To the extent that it is deficient as an economic whole, it should join with other neighboring states in over-all economic programs. Some of today's new slates are liable to suffer from post- independence hangovers. Their peoples, in a number of $15 2060 230 --- 3 Lor, Macasse Madsen Marboy N Mylama 500 New Touyn 4000 Nickel MS 2000 Noranda 105 Norpax 600 A Arcadia Northzat Atl C Cop Bankeno Base Metals Baska 10052 1 730 730 730 14% 14% 14 21 a $13% 13% 13% 26% 26% 26% -- 265 259 265 +3 42 41 2 +1 $2% 24% 24% -- a 113 113 113 43 200 --1 | Sullivan Tribag U Asbestos 8 8 8 10% 10% 10% -- 1% 20 120 120 3 31 31 3 $13% 13% 13% + % 614 20% --1% 24 1 82 182 8 8 95 790 23% 18% 10 11 62 $11% 11% 1 155 155 15 0 1% -- % D'Aragon 5 13 12% 1 600 0 600 Deer Horn Delhi Pac Delnite Denison Dickasn Donalda East Sull Falcon Fatima Gaitwin Geco Mines 5 18% 2% -- % 1 --4 +1 - ---3 $57% 3 33 +1 67 8 8 8 -- 0 +23 WU 8% 1% Sales to 11 a.m.: 362,000. OTTAWA (CP)--It appears to the most cautious observers here) that the sub-par Canadian dollar has given the economy a wel- come lift. Uncertainty remains, how- ever, on the degree of the im- pact and what part the devalua- tion policy announced in the June 20 federal budget has played in developments. Statis- tics so far have not caught up to the change. Business prospects have brightened considerably but the consensus is that it would be rash to give all the credit to the exchange market, inform- the United States certainly has spilled into Canada. It also is unclear where the dollar itself will settle. The go ernment has said only that it seeks a 'significant discount" in relation to changing economic winds and never has cited a specific level. FLUCTUATIONS NARROW In recent weeks, however, the fluctuations that came hard on the heels of Finance Minister Fleming's budget have nar- rowed considerably. The Canadian dollar, at a premium of four to five per cent during part of 1960, was down to an even one-cent prem- ium on the day before the bud- get--reflecting a drop inat be- gan the previous Dec. 20 when the government announced plans to curb capital inflow. The next day it was at a level in terms of the American dollar of 97 1-5 cents and June 22 moved slightly over 97 2-25 and has not been above that level since. The low point came July 6 at just over 96 cents--lowest since Nov. 27, 1951. It climbed back gradually to a high point of 97 2-25 cents at July 18 and since then has moved in a narrow range be- tween that figure and 96 4-5 cents. The argument for a consistent discount for the Canadian dollar is that it will strengthen the po- GM To Build 'Transit Buses LONDON Ont. (CP) -- Gen-| eral Motors Diesel Ltd. will be-| IN MEMORIAM JEFFREYS -- In loving memory of a dear son and brother, John Gordon, who passed away August 8, 1956. Today recalls sad memories Of a dear son gone to rest And the ones who think of him today Are the ones who loved hih best. --Ever remembered and sadly missed by Mother, Dad, sisters and brothers, CARD OF THANKS BENT -- I wish to express my sin- cere thanks to relatives, friends and neighbors, Rev. Lark, nurses and staff 2D for cards, phone calls, flowers and gifts and kindness during my illness. ~--Mrs, Alma Bent HAYES -- Mr. Victor Smith and Mrs. Emily Hayes would like to thank relatives and many friends for their expressions of sympathy shown by cards, flowers and kind thoughts dur- ing our great loss of a loving wife and daughter. We would also like to thank Rev. Swackhammer, First Baptist Church and the Armstrong Funeral Home. Many thanks to all. HAYES -- I would like to express my thanks to the nurses on 2D an my friends for cards and lovely flow. ers during my recent stay in hospital, --Mrs. Emily Hayes OFFICIALS DISMISSED NORWICH (CP)--Council of this Oxford county village has dismissed both the village clerk| and the two-man police force. A. L. Bushel, 70, clerk for 35 years, was given notice to re- tire at the end of the year and was granted a gratuity of $250 "in recogniiton of his years of service," Both this motion and the one to give police chief Ken neth Mc{lay and constable Don- ald King three months notice were passed by 3 to 2 votes. gin production of transit and] suburban buses here in the early part of September, E. V.| Rippingille, Jr., president and general manager, said Thesday. Initial production wilt'employ roughly 125 hourly - rated em- ployees, and provide employ-| ment for an equal number in suppliers' plants. The company began calling back employees on a seniority basis a week ago for training in a rivetting school at the plant, and key production personnel are receiving instruction at Pon- tiac, Mich., in the GMC truck and coach division plant, Mr. Rippingille said. Gas Rates Cut Gets Approval TORONTO (CP)--Rate reduc- tions throughout the service area of Consumer's Gas Company were approved Tuesday by the Ontario Energy Board. The new rates become effec- tive Oct. 1. The service area in- cludes Metropolitan Toronto and nearby areas, Georgian Bay, the area served by the Ottawa Gas Company, Brockville, Oshawa, Peterborough and Lindsay. The savings, estimated at be- tween $1,000,000 and $1,500,000 will extend to home, municipal, Below-Par Dollar Boosts Economy sition of Canadian export indus- tries and give domestic produc- ers a clear price advantage in competing with imported goods. Qualified observers here do not expect the discount to be reflected in July export figures --not available for several weeks. Most export orders for that month would have been placed in June before the bud- get However, there is no hesita- tion in some quarters in predict. int that statistics available near the year-end for the third quar- ter of 1961--July to September --will show an export gain at- tributable to the dollar move- ment. Laptain s fife Asks For Help SUDBURY (CP)--The RCMP has been asked to help a Cana- { dian mariner stranded in Puerto Cortes, July. Honduras, since late The appeal for help came| from Mrs. H. W. Browne of Sud-| bury, whose husband is captain of the vessel Tropic Sea. The small ship formerly operated as a buoy tender on Georgian Bay and now is in coastal trade in the West Indies. Letters from Capt. Browne to his wife told, without much ela- boration, of shooting, engine trouble and unrest among the crew because wages were not being paid. It is believed the Canadian consulate in Honduras has started an investigation into the matter. Capt. Browne, in one letter to his wife, said the crew was ready to walk off because of non-payment of wages and that a large amount of money was owed the local agent in Puerto Cortes. He spoke of engine trouble that necessitated a tow and said his chief engineer was shot "while coming on board." "Have to be very careful," the letter said. It did not ex- pand. In his last letter he told his wife of the tropic sea was not safe to take any further and asked his wife to appeal to the RCMP for help. NET EARNINGS By THE CANADIAN PRESS Shawinigan Water and Power Company, 6 mos. ended June 30: 1961, $6,816,307, 75.3 cents a share; 1960, $7,159,131, 80.07 cents. Retail Price Fix Charged OTTAWA (CP) -- The justice department was advised today to seek a court order to prevent Arrow Photographic Equipment Limited of Toronto from con- trolling retail prices on the ca- meras and accessories it sup- plies. The recommendation tained in a report to Minister Fulton by the restric- tive trades practices comis- sion which heard the issue after combines investigation officers alleged Arrow was practising resale price maintenance. Mr. Fulton made no comment beyond saying the report will be| given the usual consideration. Combines officers contended is con- Justice that Arrow refused to supply rolleiflex 6 x 6 to three retailers who advertised or sold the ca- meras at less than the Toronto commercial and industrial con-| sumers. For the residential consumer, full, the firm's suggested retail prices. The dealers were London Drugs Limited and Baker Drugs| y-equipped with natural gas| Limited, both of Varicouver, and{stone age burial ground in the ihe caving will be about $25 a/Edmonton Photo Supply Lim- | Mimico Inquiry Adjourned MIMICO, Ont. (CP)--A judi- cial inquiry into the building practices of this Toronto area town was adjourned Tuesday after 15 days in session during which testimony by 45 persons was heard. Final arguments will be pre- sented to Judge J. Ambrose Shea Sept. 15. Judge Shea said as the hear- ings closed Tuesday that much of the evidence presented was "hearsay evidence that would not be admitted in a court hearing." During the hearing allegations of bribery were made against Jack Book, Mimico building in- spector, and Lionel J. Ferrie, former clerk - treasurer of the town. Some 173 exhibits, including cheques, corr e spondents and photographs were submitted during the hearing. Much of the evidence offered throughout the hearing was on a technical level, but George Gauld, Mimico solicitor, said Tuesday that since his appoint- ment in 1941 "I have never seen or heard of any suggestion of bribery or corruption of any officials of the town or any members of the council." Light Trading At High Prices TORONTO (CP) Prices rose, in some cases to record heights, in light trading on the Toronto Stock Exchange Tues- day. The industrial index reached its highest points since the 20- stock indicator was first com- piled in 1934 when it soared to 602.69 at 1 p.m. and closed at 601.75, up .81. Base metals rose 54 to 206.08, a mere .01 below their record high. Golds were up .03 at 87.3 and base metals .54 at 206.08 while western oils slipped .05 to 97.14. The final volume was 1,508, 000 shares compared with 1,- 496,000 Friday. Among financial institutions, Royal Bank closed at a new high of 8034, rising 3, and Bank of Montreal touched a new high early in the day but backed down. In papers, Crown Zellerbach and International Paper gained 215 and 17% respectively and among motors, U.S. Ford and Goodyear rose two points or more although Ford of Canada dropped a hefty five points to 156 Base metals advanced on small gains to Hudson Bay Min- ing and Smelting, Campbell Chi- bougamau, Falconbridge, Deni- son, Quemont and International Nickel. Gold trading was light. DIVIDENDS By THE CANADIAN PRESS General Motors Corporation, 50 cents, Sept. 9, record Aug. 14 Giant Yellowknife Mines Ltd., 10 cents, Sept. 28, record Aug. 30. Great Northern Gas Utilities Ltd., 2.80 pfd. 70 cents, 2.50 pfd. 621, cents, Sept. 1, record Aug. 24. International Nickel Company of Canada, Ltd, comon 40 cents in U.S. currency, Sept. 20, record Aug. 21. International Paper Company, $4 pfd. $1, comon 26%; cents, Sept. 11, record Aug. 18, Montreal Trust Company, 35 cents, Oct. 16, record Sept. 29, ANCIENT SITE Archaeologists in 1961 found a In Steel Ingots | who acted as one to win the|tions. Isquare caged platform atop a main goal of independence, now {40 - foot flagpole in downtown find time for internal differ- | Wheatley. |ences. This is particularly true He vowed to remain there un. | Where the loyalties of peoples - or 'Big Output Jump | Pole-top Vigil fil the Jurior Chamber of Com. |2r€ not traditionally identified Department Store Sales Higher Now OTTAWA (CP) -- Output of steel ingots in Canada in the |week ended Aug. 5. totalled 122,- 810 tons, up 3.8 per cent from {the preceding week's total of, Proves Waste merce. of 'which he is. a mem | with the entire area of the new WHEATLEY (CP) -- Flag- ber, obtains a new industry for{fu unis. Indonesia With its far] ,y,y;4 (py -- Department i i | |flung island empire is one in pole sitter Neil Bailey is think-|the town. Istance of this problem |store sales for the week ended ing of giving up his lofty perch, Now, Bailey reports, the no-| . ig | July 29 were 9.7 per cent higher weary of his vain attempt to|velty of his venture has worn/NO ANSWER GIVEN than the corresponding period {118,305 tons. The bureau of sta-|attract industry to the commun-|off and he'll probably come| What factors qualify a cer-|last year, the bureau of statis- {tistics said today that output inlity. |down in the next few days un-|tain unit of area or of popula-jtics reported today. Ontarie the corresponding week a year, Bailey has been living for the|less his cohorts come up with tion to justifiably ask for inde- showed the highest increase-- ago was 79,299 tons. {last 38 days in a six - foot-lan interested industry. |pendence? This question both-117.8 per cent. ONSISTENCY! Newspaper Advertising Hits the Mark with a Large and Constant Audience There's nothing hit-or-miss about the newspaper audience --= it's a constant audience that varies little throughout the year, That's because newspaper circulation remains constant with little variation from month to month. There is no summer slump in newspaper reading habits. Furthermore, readers can pick their own time--day or night--to enjoy the paper. And they do! For sure-fire results, advertise consistently in the daily newspaper. hills near Kuching, capital of Sarawak in Borneo. The Oshawa Tes

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