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ee es ea e g aN eR ey aa Aiags sivas OE PIED PES FS ia ah et le a ee is ie att Hid ¥ : Fad gar refineries posted 25-cent de- creases in the wholesale price of 100-ponud bags. Two set their price at $16.90 and the third at $16.75, Prices there have been cut by in May Plunge 25 cents' each day this week. Plan Committee | : To Beginni 0 ginning | The turnabout is chiefly psy- NEW YORK (AP)--A' sugar chological, trade .sources said. On Defence Policy price skyrocket turned down- The basic supply-demand situa- i tion hasn't changed, merely the OTTAWA (CP) -- The Com-) The motion to set up the de-|ward Wednesday. A United|)on nash' canges, money ime mons takes the first step today|fence cominittee which the|States government official Deeg tied' andficient: sugar, the s formed a seine based on novels by his|In the first movie, fiction's|down the infamous Jack the FILMS SHERLOCK | jane Doyle Sherlock Holmes/father, Sir Arthur Conan Doyle. \tamed sleuth will be tracking |Ripper. 12 THE OSHAWA TIMES, Thursdey, Mey 30, 1963 LONDON (CP) -- Adrian Co-|pany to make Sugar Prices to do what Liberal and Conserv- ative governments in the. past said cannot be done--create a committee to discuss defence policy. Detince committees until now have n oe to reviewing expenditures, The previous gov- ernment headed by John Dief- enbaker and the former Liberal government of Louis St. Lau- rent both objected to commit- tees dealing with policy, saying it can be decided only by the cabinet and then submitted to Parliament for approval. Wednesday, the Commons fin- ished its eight - day throne speech debate without any fur- ther test of strength for the mi- nority Liberal government. Ear- lier in the debate the govern- ment survived two non-confi- dence motions. The opposition parties settled for a voice vote on the govern- ment's motion for an address in reply to the throne speech that opened the session May 16. IS 'ON DIVISION' Speaker Alan Macnaughton declared the 'outcome in favor of the government but Conserv- ative House Leader Gordon Commons will discuss today ful- fills a promise made by Prime Minister Pearson -during the election campaign. Unless par- liamentary rules are strictly ob- served, the debate could be -a far-ranging one, covering acqui- sition of nuclear warheads and other contentious points of de- fence policy. Reliable sources said on the eve of the debate that Hy gov- ernment is prepared to adopt one opposition suggestion for a change in.the- make-up of the cormittee. The change. would increase the committee mem- bership to 24 from 18, thus giv- ing the smaller peraey larger representation. dicted it will plunge back to where. it started. Trade whether prices will fall as fast been committed to meet, U.S. ineeds this year took the wind sources debated) out of price sails. or as far as they rose but agreed that a major change ap- pears in the making. Housewives, however, ably will not feel any effects for several days. Portugal's GET STEEL MILL first cold rolled prob-| Steel mill is being designed and laid out by British technicians at Ovar near Oporto. A U.S, supermarket repre- sentative declared: "We haven't caught up with the rises yet." .The price break came when American Sugar Refining Com- pany, the U.S. industry leader, pared its northeast wholesale price for industrial refined su- gar a 80 cents to $15.50 for 100 Industry Seeks ' New Business Enterprises MONTREAL (CP) -- Shawini- gan Industries Ltd., is a *busi- ness looking for businesses. John A. Fuller, preident of SIL, predicts it will find the bus- Churchill called "on division" to remove any suggestion of unan- imity. Way To Halt Sugar Price Rise Sought 'OTTAWA (CP)--Justice Min- ister Lionel Chevrier said Wed- nesday he will make a fresh re- view of federal law to see if spiralling sugar prices can be counteracted. Replying to repeated Com- mons questions by Opposition Leader Diefenbaker, Mr. Chev- Tier said he has no authority under the Combes Investigation Act to deal with the high sugar prices since they result from world market forces . Mr. Diefenbaker asked what the government intends to do about "a tremendous windfall of profit" sugar companies might make as a result of the increased prices affecting their storage stocks of sugar. When Mr, Chevrier asked the opposition leader whether he was suggesting price controls, Mr. Diefenbaker said he real- ized the constitutional position)" in which the federal govern- ment cannot impose price con- trols in peacetime. Mr. Diefenbaker asked whether the government had been in communication with the various sugar wholesalers and processors. Mr. Chevrier said inesses and that Shawinigan will OPEN SUGAR HEARINGS The price action came as the U.S. Congress epened the first of three scheduled hearings in Washington into the situation. These were the first declines by' major producers in the price of industrial grades: of refined sugar. since the fall of 1961, Grocery grades slipped early in 1962, but snapped back quickly. London and Canadian mar- | kets also have weakened dram-| once again be the name for a giant among Canadian indus- tries. Mr. Fuller told Montreal's fi- nancial community Wednesday that SIL retains the experienced management that built up Shaw- inigan Water and Power Co. to Canada's biggest privately- owned electricity firm, and that it has the money. to put the management to Work in new ields. SIL is the fragment left over from the expropriation of Shaw- inigan Water and Power by the Quebec Hydro - Electric Com- mission, government - owned. Hydro-Quebec now is offering former Shawinigan sharehold- ers the _ to buy SIL shares} at $5 each Mr, Fuller said 'that with| three weeks still to go before the offers expires, more than) 500,000 rights had been taken up| by some 600 investors, and 25 per cent of the investors were French - speaking Canadians| from ,Quebec province. A ama Market Shows. | Light Activity * TORONTO (CP) -- Changes were marginal in most issues) and all index sections during moderately light activity on the} Stock market Wednesday. Group leadership was lacking| among industrials -as plus and minus signs were fairly evenly| distributed -- the --) list. anese down 1%, Ford of Can.| the combines investigation branch of his departm made no formal report on the| subject. DIVIDENDS By THE CANADIAN PRESS Barber-Ellis of Canada Lid., pfd. $1.75, July 15, record June 28 . Canadian Celanese Ltd., com- mon 45 cents, $1.75 pfd. 43% cents, $1 pfd. 2 5cents, June 30, record June 7. Canadian Chemical Co., com- mon 714 cents, June 30, record June 7. Dominion Foundries and Steel Ltd., common 40 cents, July 2, record June 10. The Dominion of Canada Gen. eral Insurance Co., 424 cents, July 15, record June. 28. ada off a point, MacMillan, | s|Bloedel down %, Texaco Can-| ada % and Shell Oil % to 19.| |The latter had a special- sized) transaction -- large block of shares sold at a set price--of 10,000 shares at $19.50 a share. On the upside, General Mo-| tors rose 144, Hayes Steel and| Building Products each ad-| yoy a point, Canadian Tire| A % and Canada Cement, Price Brothers and Canada Packers A| all 4%. Bell Telephone gained %. On index, industrials rose .12 to 644.70 and base metals gained .20 to 214.70. Golds slipped .23 to 87.13 and western oil fell 21| to 124.15. Final volume. was 3,- ! 435,000 shares compared with 3,-! | 249,000 Tuesday. Base metals posted a slight, advance with Falconbridge) ahead 1% and Denison and Lab. rador both rising %4. In Montreal, three major su-| @ WEDDING PORTRAITS @ WEDDING ALBUMS 21 ATHOL ST. WEST atically, . | 723 0 spring. WG it's time 7] we to paint WITH PARA PAINTS 2. GALLON .60 GALLON 4. GALLON EXTERIOR LATEX EXTERIOR HOUSE PAINT . EXTERIOR PRIMER 2 99 99 AT = THE "DO-IT-YOURSELF STORE" oe 34 KING ST, WEST --- ZZ WE'RE CELEBRATING WITH THESE SENSATIONAL SAVINGS You'll Receive A Minimum Value of $50.00 Worth of Free Merchandise with the purchase of. every MAJOR item featured herd . . . plus Gifts on @ tremendous range of items not listed. Come In... 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