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12 THE OSHAWA TIMES, Thursday, Jenuary 24, 1963 Rio Algom Announces Atlas Steel Purchase Rio' Algom will also uncondi-;made and the intervening tionally guarantee obligations}months have been taken up assumed by the new company|with working out the various with respect to Atlas' first/details of the eg a ad Seoriciah decueniens ol oa i i n On- fe Rie. Aram, Sie. Noreen cation, institutes of technology and national associations con- cerned with technological edu- TORONTO (CP)--Rio Algom Mines Lid., in a long-awaited Move, announced Wednesday it Will purchase Atlas Steels Ltd. for $54,573,864 cash, Robert H. Winters, presideat of Rio Algom, said the purchase ement with Atlas provides t for the sale of Atlas to a wholly-owned subsidiary of A:- jas recently incorporated under the name of Atlas Steels Co. mortgage bonds. The offer works out to aboutitario uranium producer, is the Canadian arm of the British Rio Atlas closed on the Toronto|Tinto-Zine Corporation Ltd. $37.74 a share for Atlas. Stock Exchange Wednesday al $36.87144 cents a share, its high|less and specialty steels at WIl- for 1962 and 1963 to date com-|and. National Standard Changes Sought Attention Sought nesday, Atlas is a producer of stain-\ction. pared with a low of $27.50. It has an authorized capital of OFFERS WISHES Starr Discloses OTTAWA (CP)--Labor Minis- I E] ° A tr Starr has asked the national t t advisory committee on techno- n ec 10M ey logical education to direct its attention to the development of; national standards recognized nationally. The committee, which ended a two-day meeting here Wed- comprises representa- tives of management, OTTAWA (CP) -- A Liberaljcorporations controlled by backbencher proposed in the/United States investors contrib- Commons Wednesday that the/ute funds to political parties. election campaign expenses of law. cantly since it was passed in 1874 and now jis "sadly in need of reform." be limited by law at "an effec- He moved that his proposals|tive ceiling" and candidates|support the NDP. be referred to the committee on|would have to submit detailed privileges and elections for de-|accounts. Candidates' expenses would Dr, D. A.,D. Milne, immediate Under his plan, each candi- i candidates be paid from the/date receiving @ reasonable|P2St President of the federal federal treasury and limited by|proportion of the total vote|Miberal association in Bruce would receive so much for|Tiding, has resigned from the James Brown (L--Brantford)|every voter in the constituency said the Canada Elections Act/from the government after the has not been changed signifi-| election, party in protest against Leader Pearson's stand on nuclear a MacDonald, Ontario New Dem. oeratic Party leader, offering to children, said in an interview Liberal Quits Over Pearson Nuclear Stand KINCARDINE, Ont. (CP)-- rms. Dr. Milne wrote to Donald C. Dr. Milne, father of seven "om pontical, moral, religious and purely practical grounds." Mr. Pearson recently called on the government to accept nuclear warheads for defensive tactical weapons to fulfil com- mitments he said cannot be met without them. Mr. MacDonald welcomed Dr. Milne's support, saying in a prepared statement that people of his calibre and connections "have a vital role to play in building a new political party| Lindon in this country." Mr. Pearson has said he is "well satisfied" with reaction within the party to his nuclear statement. He said he expected some strong differences of opin. ion, particularly among younger Liberal party, members. . for shares and a promis- oa note of the subsidiary. {2,000,000 shares of which 1,423,-| | MONTREAL (CP)--Clarence Letters By Jobless tailed study, but the motion did) Mr. Brown said a similar plan| wednesday h Pe he i 979 are outstanding Campbell, president of the Na- .._|not come to a vote in the hourlhas been incorporated into th jay he is "'totally op- she agreement also provides/"'),, : tional Hockey League Tuesday; OTTAWA (CP)-- Labor Minis-| 0+ aside for privat bers' vol ne wine |Poser to the spread and use of for the sale by Atlas to Rio Al-| Directors of Atlas announced congratulated officers andjter Starr disclosed Wednesday|\\.38\°° or private members Quebec Elections Act. The prin-| es gom of the shares and promis-|/ast week they had approved members of the Canadian Ama-|that he and other Conservative business. cipel had the support of all res-/Nuclear weapons." In a letter SERVICE CENTRE sory note of the new company|the offer for the purchase of), 1) Hockey Association on the|MPs have received some 150,000] Mr. Brown said most finan- ponsible newspapers and indi-/ of resignation to James Powers, REPAIRS TO ALL in consideration for $10,000,000/company by Rio Algom. occasion of Minor Hockey Week|letters since January, 1960,|ial_ contributions to political/viduals. president of the Bruce County|R gLecTRICAL APPLIANCES! . for the shares and $44,573,864) WILL CONSIDER PLAN in Canada. "This is an excellent|from Canadians seeking jobs. [Parties now come from "big! David Ouellet (SC -- Drum-lassociation, he wrote that he|P 47 for the promissory note. Rio Algom shareholders willlopportunity," he said, "to rec-| Stanley Knowles (NDP--Win-|companies and big unions."/mond - Athabaska) supportedlopposes Mr. Pearson's stand aoe on etm ope Mr. Winters said the purchase| meet in Toronto Feb. 14 to con-|ognize the wonderful work that/nipeg North Centre) commented|This situation was. potentially|the motion. He did not know Of the shares and the note from|sider the plan and Atlas share-|thousands of public-spirited andjin the Commons: 'Apparently dangerous. : about other provinces, but Que- the new company will require|holders will meet here the fol-/community-minded citizens are|there is a great deal more cor-| He said it is unlikely that anyjbec provincial elections were Rio Algom to borrow $30,000,000) lowing day. doing to provide the youth of|respondence concerning the sub-|legislation will be passed "in|"'monumental orgies' of spend- and that arrangements for the| The two companies announced|the country with an opportunity|ject of unemployment than welthe best interests of the sover-jing by the various "gigantic Joan have already been made.'July 28 that the offer would be'to play our national game." |have been led to believe." eignty of Canada" as long as'political machines." LADIES' SPORTSWEAR LTD: OSHAWA SHOPPING CENTRE FINAL REDUCTIONS TO COST and BELOW TOMORROW AND SATURDAY There's Still Lots of Cold Winter Weather To Come! ALL NEW REGULAR FALL AND WINTER STOCK MUST BE CLEARED TO MAKE ROOM FOR NEW SPRING MERCHANDISE We carry by far the largest Stock of Sportswear in Oshawa WHATEVER YOUR PLANS DON'T MISS THIS SALE 2.97 to 11.97 4.97 to 11.97 5.97 to 11.97 2.97 to 6.97 2.97 to 4.97 19.95 to 39.95 9.97 to 26.97 16.95 to 29.95 7.97 to 19.97 19.97 to 59.50 11.97 to 34.97 39.98 to 129.98 22.97 to 84.97 19.95 to 45.00 9.97 to 19.97 New Do-It-Yourself MIRACLE DRY CLEANING | GSS including Angores 300 SWEATER 7.98 to 19.95 125 SKIRTS 100 SLIMS | 75 BLOUSES 50 SHIRTS 100 CAR COATS 150 DRESSES 50 KNIT SUITS 25 COATS 50 CO-ORDINATES 12.95 to 22.95 12.95 to 19-95 HOSS OEEESE SE SEOR OBOE OSE 495 to 12.95 So quick and easy... your clothes are ready to @ t<) wear in 50 minutes, little or no pressing necessary! 8 4.50 to 7.95 S @ HERE'S HOW IT DRY CLEANS: Place the eight quarters HOW OFTEN SHOULD GARMENTS BE DRY CLEANED? 4m the slot . : ; the door automatically locks and As often as necessary to keep your wardrobe and sparkling clean solvent begins to spray your things household items clean, bright and sanitary. With the «+. yours alone. Slowly the machine revolves, allow- cost now com ble to laundering, it may now be ing, proid inch of your clothing to be gently sprayed, done ona similar schedule. + The cleaning solvent is an amazing new develop- DOESN'T FREQUENT DRY CLEANING WEAR OUT FABRICS ment that is exclusive to Carltons Carousel. Some 90 FASTER? This was the belief in the past, but science sone are used with each load. Every bit of dirt is has proven otherwise. Soil particles, food spots, ® 2 @ ° prov 4 ved out of your clothes and is constantly filtered perspiration, etc., if not removed soon after occurring, @ out of the solvent. cause rotting and weakening of fibres. 'hermostaically controlled warm air gently we WILL SPOTS VANISH? . Approximately 97% will be '$ THURSDAY, JAN. 24th through your clothes. Finally they are deodorized completely removed when directions are followed. With clean, fresh, room-temperature air. No danger, Naturally there are some exceptions. Ask the counsel- & mo fuss, no smell. lor to advise you. ' Your clothing comes out immaculately clean and : bright. Hang items, immediately on hangers to 'S PRESSING NECESSARY? Ugually not, but some people prevent wrinkling. will prefer a little pressing on some garments. EXPERIENCED COUNSELLORS ON DUTY AT ALL TIMES TO ASSIST YOU! on OPEN NIGHT and DAY __ (OSHAWA SHOPPING CENTRE | Daily 8:30 a.m. to 11:00 p.m. ON THE CORNER OF THE MALL SEIGNEUR Siem: «| HOPPING H fl CENTRE 6 LOGOS SS SS OSS OS SSS SESS EE ANGORA GLOVES--MITTS--BERETS--HATS SCARVES--VESTS--JACKETS and other items. REDUCED TO 1% PRICE AND LESS A SMALL DEPOSIT WiLL HOLD ANY PURCHASE AT THESE PRICES -- ALL SALES FINAL PLEASE