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Oshawa Times (1958-), 1 Oct 1963, p. 15

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{prices generally down in mod- TORONTO (CP) -- The stock 'market slipped further into the predicted correction period with erately light trading Monday. Brokers say the correction could last up to a month, but are 0 ic about long-term prospects. B.C. Power attracted the most interest on the industrial board. The stock fell 4% to 24%, trad- ing 97,724 shares, One analyist suggested that investors were} disappointed over the B.C. Elec- tric settlement between the Price Corre On Stock Market at 7 = a _- Ww baw power company and the British, Columbia government, but that|2 "ther is a very strong possi- bility that institutions may be| involved" n the heavy trading. (cents to $2.23 and 180 advanced Inime cents to $1.48, |] On the Foreign - market, # loankvidoa was down % and Moore Corporation 5. Bulolo Gold was ahead %. On index, industrials fell 4.09 to 638.43, base metals 1.16 to 212.39, western oils .64 to 119.25 and golds 43 to 90.55. Volume was 2,386,000 shares compared 'with 2,698,000 Friday. "(Gunnar Alreacy appealed to have them ae THE OSHAWA Times, be October 1, 1963 Ja} or wiped out. ™s..cysee-tetesss sho sam er Faia 1axcs, President Says TORONTO (CP)--Joseph La- bine; president, Gunnar Mines I 'd., said Monday that Gunnar, has paid taxes on profits de- Papers were weaker, Moore' Corporaton dipping % and Abi- tibi %. yBanks were down and auto- mobiles and financial issues were mixed to lower, Granby slumped 5% to I and International Nickel among base metals. In specula- tive mines Leitch dipped 14 NET EARNINGS rived from short-term invest- ments during a tax holiday. Mr. Lal'ine was commenting Canadian Breweries mos. ended July 31: 1963, $5,- 682,167, 23.3 cents a share; 1962, $5,315, 613, 23.1 cents; 9 mos. lended July 31: 1963, $11, 074,205, 45 cents a share 0 1962, $10,304,- 705, 44.8 cents, Ltd, 3!on a tax appeal board judgment upholding a revenue department ruling that Gunnar must pay taxes on the profits. He sai his company had al- jready paid the taxes but had sae ware ae \from 1958 to 1960, Gunnar =| joyed freedom from taxes dur- ing the first three years of its operation of uranium mining works in northern Saskatche- wan's Beaverlodge area. The company had a $19,500,- 000 debenture issue on which it was paying principal and inter- est at the time and was making profits in excess of these debts. Instead of paying off the deben- t.re debt at a premium, it 'n- vested its surplus revenues in short-term securities, and the board said this was a prudent move. \Eastern Canadian airlines were Two Airlines Merge In East GANDER, Nfld. (CP)--Two officially merged today to be-|™ come this country's third big- gest air service in unduplicated route mileage serviced, Eastern Provincial Airways) (1963) Limited was formed by the original 'stockholders of Eastern Provincial Air. ways with strong backing from the Newfoundland government. The company purchased the as- sets and ownership of both ig EPA 'in late August. joated route ima Manton! Phase asllfitl aa With hoadauavtave have tha" airline will have an undupli- ge system of" 4,120 miles. area of opera- tion 'or its 39 aircraft wilt Lat id over 420,000 square miles. - : a ioe oe as far: west as Sep ---- as Syme on Green ms METHLEY, England (CP) - Eighteen York shire staged a staydown strik hi to extract a management mise to negotiate a pay After 54 hours they won their case, Hi LAPEL WATCH This 19th-century French lapel watch, pride of a To- ronto gemmologist's collec- tion, is worth $900, It is made of solid gold with blue enamel- work. The miniature shows a cherub. (CP Wirephoto) BUSINESS SPOTLIGHT Economic Boost For Maritimes DALHOUSIE, N.B. (CP) -- Opening of @ Canadian Indus- tries Lid. chemical plant here Wednesday heralds an economic boost for New Brunswick and Nova Scotia. The pghtantd plant was de- mainly a one-industry (pulp an paper mill) town. From its pop- ulation of 6,000 were trained many of the new plant's 45 to 50 employees. They will work a 40 - hour week for wages sta "compart- entire demandjable" with rates fi chierine and' caustic 'soda' used by pulp and paper indus- tries in Canada's Atiantic area. Most of the principal raw ma- terial -- salt -- will be obtained from the neighboring province. These chemicals sold by CIL in the Maritime provinces have been supplied by its plant. at Shawinigan, Que. The company also produces chlorine and cau- stic soda at Cornwall, Ont. The first sod on the Dal- housie project site at Peupelier Point was turned Aug. 7 last year. CIL general manager J. D. Wright termed the winter| port here "the equal of any in Canada, and this was one of the deciding factors in our building here--this, and the new wharf! facilities." The plant has rail, road and) year-round water transportation facilities. Its main, one-storey building covers 34,000 square feet connected by a passage- way to the storage and shipping area. ONE INDUSTRY TOWN Dathousie, in extreme north- ern New Brunswick at the west- the community. be continuous-- hours a or throughout the week. Provision has been made to increase ca- pacity by 50 per cent when Necessary. Plant manager Eric Planche gave assurance that, in addition to a water anti-pollution control system, there will be no odor problem except possibly for a brief time after the plant zets into operation or when power failures occur. Premier Robichaud will press a button at Wednesday's cere- mony and, with CIL officials, plant red spruce trees symbolic of the natural resources used in the pulp and paper industry. bdddas eqbss at your Chrysler Ganada Ltd. dealer's! GO GETA TIGER! Plymouth Even more in eating tiger prot start this 7 he it. It's a = Plymouth tiger out a Plymou Plymouth day Sisnkes you that local quality 64 you" ve got to own a Plymouth to catch a Plymouth! Plymouth °64 is the mile- Canadians with an urge to "go" wllgo for ina big way! ts got beauty you'll be dealer's! 've got to own one to catch one! ee the most glamorous DEPENDABLE cars of the year'!!{ = i: DIVIDENDS By THE CANADIAN PRESS Bulloch's Ltd., class A 25 cents, class B 17 cents, Nov. 1, record Oct. 15. Hand Chemical Industries Ltd class A 15 cents, Nov. 1, record Oct. 8, Reitman's (Canada) Lid., class A 10 cents, common 10 ern end of Chaleur Bay, is cents, Nov. 1, record Oct. 15. Shopping Centre Store Expansion The official openmg to the shopping public on October. 31 « Zeller's newly expanded store in the Oshawa Shopping Centre, will almost triple the size of the existing premises, offering many new departments and a wide variety of mer- chandise to Zeller's customers. Tte area of the existing store is 11,750 sq. ft. and the addi- tional prmises acquired will in- crease the size to 32,000 sq, ft. The adjoining property al- lows expansion to the Ground Floor and will also give the store a Lower Sales Floor, which will be mainly a self- service and check-out operation. Renovations are presently be- ing carried out to integrate the newly acquired area with the exi as, In celebra- tion of this, there will be a spe- cial. "Renovation Sale" at the beginning of October, during which time the Oshawa shop- ping public will be able to take advantage of some exceptionally good Zelier values throughout the existing store. When the expanded portion of the store opens on October 31, the public will be able to enjoy] the pleasant atmosphere of modern and colorful decor with m: additional features. Of interest to the ladies, there wii bea Fashion Departmnt with all the very latest fashion trends, plus a full line of no- tions, "cosmetics and jewellery. For the male shopper, Zeller's new auto and home|starting improyement departments will offer @ wide assortment of mer- chandise to fill their needs. Camera enthusiasists will be able to take advantage of the new Cameza Shop, and the re- cord, candy and pet depart- ments will have many good "buys" for all members of the family. A Luncheonette counter with accommodation for 54 persons, will be of great convenience to shopper: who wish to have an excellent full-course meal or just a snack, i The Credit Sales Department located on the main floor has been greatly expanded to offer better service to Zeller's charge account customers, They are-in- vited to take advantage of Zel- ler's "Buy Now -- Pay Next Year" plan which becomes ef- fective mid-October, Shoppers may open a "Charge-It". Ac- count, make purchases before November 30 and make no pay- ment until January 1964, Exist- ing charge account customers may add to their current ac- November 30 and make no pay- ment until January 1964. Exist- ing charge account customers mayadd to their current ac- count without having to make any extra payments until Jan- uary. Jack Lambert sili continue as manager of Zeller's and is look- ing forward to welcomil more new customers to his store dur- ing ' » Grand Opening Sale October 31, se Valiant NOBODY BEATS VALIANT FOR VALUE! The "64 Valiant's been out such a short time --. butalreadyit's insosolid with Canadians everywhere. After all, Valiant was the leader .and for "64, the added refinements and sleek new styling could only makeit morepopular thanever.Sowhy follow the leader when you can own the ail thre through °63.. our dealer today and y' the car that nobody beats for value. 1 See test-drive Valiant . . . i the Chrysler of life. No other car fits full, sophisticated pattern of good living as completely as the for '64. No other car fulfills and per- CHRYSLER ENJOY THE CHRYSLER WAY OF LIFE ( QUALITY IS STANDARD EQUIPME on every 1964 Chrysler product! These are just a few of the many quality-engineered reasons why the °64 Chrysler-built cars are the finest value your money can buy: NT a en Every RUSTPROOFING process to new Nag product the SEVEN-STAGE THESE QUALITY FEATURES and many more are ag "ANDARD EQUIPMENT onevery 1964 Chrysler built wy Dodge for °64 has the kind of looks you like to be seen out with. It's got the kind of power you like to'pet your hands On, The of comfort you like to sit back in. That's undoubtedly why Canadians be ed vay. neopachnPhicmt rd gene hatyy sagan. Ang ew' pxm of car that gives you everything. Test- 'est-drive a new and won't settle for anything less. And do it soon! -- a ~~ THE YEAR'S MOST BEAUTIFUL WAY TO GO PLACES! TrTeePieiaa J THE CARS WITH THE 5-YEAR-50. OOO-MILE POWER 29 PPS SS SSS PS Ser rT ss -TRAIN WARRANTY. See Plymouth, Valiant. Chrysler, at these dealers CRANFIELD MOTOR SALES 331 Park Road South, Oshawa, Or'ario DISNEY MOTORS LIMITED Kingston Road & Church, Pickering, Ontario. CHRYSLER See Dodge, Valiant. Chrysler, at these dealers SMITH'S SPORTS 353 King Street West, Oshawa, Ontario CANADA LTD. NORTHSIDE CHRYLER DODGE (Whitby) Ltd. 916 Brock St. N., Whitby, Ont. SeeC eee eens eh tis 'ala ekies ih. intonnee ee ee Le hai Sie MDE TE crys ene IGE Oa aR ee a na Sa nr anna natant farsa a ape

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