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

JQ THE OSHAWA TIMES, Thursday, Morch 28, 1963 NET EARNINGS By THE CANADIAN PRESS Centra! Del Rio Oil Lid., year ended Dec. 31: 1962, $1,304,179, © cents a share; 1961, $1,680,- 175, 26 cents, Fittings Litd., year ended Dec. 31: 1962, $250,286; 1961, $97,617. - Industrial Acceptance Corpor- ation Lid., year ended Dec. 31: market pushed ahead in all sec- tions and the industrial index hit a new high for 1963 during Industrial Index Hits Record High TORONTO (CP)--The stock and in a narrow range with Texaco Canada pa -- Bank, Simpsons and Imperial i Tobacco all down % and Onta-|National Energy Board. Pian To Boost Natural Gas Line Capacity As usual, the National Energy|Rock Falls, North Bay and Board reserved its decision.|Bracebridge, Ont. When made, it must be ap-| Testimony by G. W. Woods, proved by the cabinet. Trans - Canada vice-president Work is already started at ajand treasurer, was that the new gas compressor station at}company will add $1,058,000 to Haileybury, Ont. and another isjits net income--before taxes-- scheduled for Cobourg. by the expansion. Extra power will be added at| The company anticipated Ca- OTTAWA (CP)--An lica-|Pumping stations' at Kenora,|nadian sales worth $81,429,000 tion to Peder Hh p Hires of|Dryden, Ignace, Port Arthur, for the year ending Oct, 31, the Trans-Canada Pipe Lines Nipigon, Upsala, Geraldton, Ra-|plus U.S. sales worth $18,192,- Limited natural gas system was|™0re, Hearst, Mattice, Smooth!000. made Wednesday before the 5 NA MG CS EC te a " perptepoy vi a share;| moderate trading Wednesday. |rio Steel off %. The program will cost a Price Brothers and Main list advances were| On index, industrials rose 1.80/000,000 in Saskatchewan, Man- r oie tee: -- aoe mostly fractional with Moorejto a new 1963 high of 601.84,/itoba and Ontario and involve 446, $2.51 a share; 1961, $8,-|Co*Poration up a point to 52, Du golds .44 to 91.46, base metals} 95 miies of looped--or doubled- 0 476, $2.68. Pont % and Canadian Tire %.j1.14 to 201.41 and western oils Flite his SMe dite 7 Canada) 'Gains of 4% went to Phantom .20 to 117.78. Final volume was up--pipeline p! ' Vulean Containers ( Tae ot ec Forest and Con-|3-716,000 shares compared with/horsepower to pump the gas 23127, gg yet ony By am solidated Paper, and Walker- 4,083,000 Tuesday. from prairie fields: to markets Gooderham, Dominion Steel] Senior base metals were in Eastern Canada and the DON'T FORGET!! SPECIAL MEETING FOR WOMEN "year ended Dec. 31: 1962, $1,-/Building Products all moved up 049,586; 1961, $857,128. Y, COLD KILLS PEARLS An abnormally cold winter-- puch as in 1962-63--can kill as much. as 20 per cent of Japan's ing a new 1963 high of 55% in earlier action. » pearl oysters. "Bell Telephone, one of the session's most active industri- als, rose % to 55% after reach- 5914, after hitting a new high of 59%, and Noranda ahead %. Among speculatives, Lorado made the most active list on about 122,000 shares and rose 17 .|and Coal, Algoma Steel and paced by Falconbridge, up % to|United States. Sponsored By Rugs and The Canadian Cancer Society ONTARIO COUNTY UNIT cents to $1.80. ies Upholstery cleaned em the safe way! OSHAWA CENTRAL Losses were relatively few DIVIDENDS By THE CANADIAN PRESS ** flower vor fi h" cle nit g Canadian Salt Co. Ltd., com- A NOsoaking, no shrinking! mon 15 cents, April 24, record Noni bbing! April 10; common 15 cents, Oct. TRIOUS FEE UOUANS '124, record Oct. 10. Colors come alive! Coronation Credit Corp., $1.50 for -- conv. pfd. 37% cents, April 30, record April 18. COLLEGIATE INSTITUTE Thursday, March 28th, 8 p.m. FILMS Panel Discussion by Oshawa Doctors QUESTION BOX Remember The Date -- March 28 BUSINESS SPOTLIGHT Security Laws Said Inadequate [ris mc, us, MONTREAL (CP)--A Mont-\archaic situation," he said, "As|0Td April 12. DURACLEAN RUG AND UPHOLSTERY CLEANERS OSHAWA 728-8518 real investment counsellor says Canadian security laws are in- adequate to protect the small in- vestor. Stephen A. Jarislowsky, presi- dent and partner of a firm of investment counsellors -- Jaris- lowsky, Fraser and Company-- said in.an interview that Cana- dian security investment .laws seem adequate only for "'under- writers, brokers, corporations a result the Canadian sharehold- ers has come to regard stocks as a gambling medium rather than an investment." "Or else he has become so cynical that he only buys bonds or Bell Telephone stocks and leaves it to, foreigners to buy growth stocks, which partly ex- plains, of course, why Cana- dians don't own their own re- To suit your needs-- to fit your budget--Frigidaire and insiders." He cited some of Hs the abuses suffered by the small/Sources. shareholder. What is needed, Mr. Jarislow- "First, the small investor is|sky said, "is a government prey to his own emotions. He|agency like the American Se- sells when he's scared and buys/curity Exchange Commission to when he's confident, whereas a|protect shareholders and to). sound investment policy would|Taise investment standards." be to buy a stock for what it's Mookie ag rg end Aree é L ry 10 Years" worth apart from one's emo- tions." The 'small investor was also prey to unscrupulous or ignor- ant securities salesmen chiefly + concerned with commissions. "This explains the fad for low- priced stocks for which broker- age commissions are high," said Mr. Jarislowsky. Then corporations frequently did not give adequate informa- tion about themselves. "Often financial statements are distorted gy eg high or low stock prices. And many com- panies don't publish interim re- J SIDING ports or sales figures so that in-\|] WINDOWS--DOORS vestors can see what's going on FIREPLACE during the yéar." FURNISHINGS Another abuse, Mr. Jarislow- sky said was that directors of companies here can oper- ate with inside information, E. '-_ tne SselMATES © * whereas in the United States the LES EVENISS Securities Exchange Commis- SALES LTD. a -- directors to ---- 15 PRINCE ST. ansactions in their own stock. 725-4632 - Eve. 723-2707 "All this adds up to a pretty - Lis l's A Brides World 1G bs Yes, there is a Frigidaire Refrigerator exactly You use your refrigerator more than any other right for your family, be it big or small. Want appliance so it makes sense to get the best-- luxury--or utility? Quick freezing in the freezer Frigidaire, the acknowledged leader. Even the section--or simply frozen food storage? It's least expensive model is built the famous yours--in the Frigidaire line. Frigidaire way. LOOK AT ALL YOU GET FROM FRIGIDAIRE Removable door shelves for easy cleaning; magnetic safety seal all the way round the door; cross-braced doors that never sag; raised food compartment to save stooping; acid-resistant porcelain interior; door seal is concealed for added beauty; coloured exterior at no extra cost. -----_------ ENJOY THE LUXURY OF THESE ADVANCED FRIGIDAIRE FEATURES: @ Big capacity. 15 years ago you needed 3 refrigerators to store the load shown above. Thanks to Frigidaire engineering, today's outside dimensions have hardly changed. ™ Complete freedom from defrosting in both the refrigerator and the freezer. M Safe storage for perishable frozen foods like ice cream; no thawing Instant Ice Service gives you a constant supply of cubes. Ice Ejector empties ice cubes into storage bin in 1% seconds with no fighting, no tugging, no running water. Safe Meat Storage in the Flow- ing Cold Meat Tender. Nearly 10 lbs. of fresh meat kept safely up to 7 days without freezing. Right at your finger tips--up to 150 !bs. of frozen foods, in Roll-to-You freezer baskets and on the freezer door. Easy way to keep vegetables crisp--thanks to wide full-depth durable hydrators of porcelain enamel. FRIGIDAIRE i= PRODUCT OF GENERAL MOTORS BUILT BY CANADIANS--FOR CANADIANS See the Frigidaire model that's made for you--at your dealer's now BUTT RADIO & APPLIANCES 668-3707 118 BROCK ST. S. WHITBY 668-3707 EATON'S of CANADA OSHAWA SHOPPING CENTRE For the first and last time this year you can now get Dow Bock Beer If you know what Bock beer is then we need say no more than, "hurry out and get some." If you don't, you've a lot to look forward to. Bock is a Spring beer that tastes like no other beer you've ever enjoyed--tangy and unforgettably flavourful. In the true "Bock" tradition Dow brings you this new brew to celebrate the coming of Spring. In keeping with original customs, Dow Bock Beer will be available for one month only (if it lasts that long). Ask for it today. OUD seewerr (ONTARIO) LIMITED styled after Paris import This exquisite gown employs the richest and newest of bridal fabrics, Satapeau. From the jewelled neck- line to the lily points of the long tapering sleeves, the bodice moulds an exquisite line. The extremely controlled skirt with subtle inverted pleats, creates a dramatic effect with hand made twinkling bows. Exclusively Black's, fittings and consultations in complete privacy We specialize in catering to the bride-to- be's every whim . . . provide an inspiring and complete collection of fashions for herself and her entire bridal party. Visit us today for your personalized attention. Wedding Gowns Priced from Coby 49.95 to 149.95 LADIES' WEAR LTD. orren' sot 725-7373 725-7373 HOME APPLIANCES (OSHAWA) LTD. 725-5332 90 SIMCOE ST. S. 14 Simcoe North 725-1912 723-6335