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Oshawa Times (1958-), 17 Jul 1964, p. 18

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18 Yee OSHAWA TIMES, Pridey, July 17, 1964 Warning Signs Posted Near Township Bridge next road committee meeting,|nothing could be done at the moment, but more | thought had complained before: councilleach case. BROUGHAM (Special) -- A fatal accident which took the lives of three youths and in- jured another prompted Mr. L. N. Edmunds to approach council and request warning signs on a narrow bridge. The accident occurred on Sun- day on a sideline approaching Concession 9 in Pickering Town- ship in front of Mr, Edmund's home. Mr. Edmunds described the location as very Lo mg 7 and suggested guard rails at the ap- proach to the bridge, and that four-inch galvanized metal be placed on two wing posts. He said that the car which over- turned at the site, drowning three of its occupants in the Creek, was not going at a high but Councillor Bill Newman ask- ed that in view df the accident if Mrs. McPherson (chairman of road committee) could not be authorized to take action at once and not wait for another' méeting. Councillors agreed, and the Deputy Reeve will see that warning signs are posted immediately, Mr. Edmunds then offered to spend from $1,000 to $1,500 to help improve the sideline on which the accident occurred, for the sake of safety, and for the reason that the planning board refused consents to sell his lots because of poor access to them, among other reasons for refusal. Mr. Edmunds was invited to attend the next Road could be given to next year's "This year we should be wnere We COUId possiDty Jose ajed a motion tat mn ruture al! ' good individual from the town-| accidents be logged, and that Road Deaths ship, is not right. I think even-|Mr. Sherrin's ambu'ance he tually they will look for quar-|called every other time, alter- . s persons died in Quebec acci- i | €a Ing mount. dents, John Atkinson, general chair-| But the council] warned that .|man of the council, said it was|the death toli wasn't confined to up to Ly cae rag print ie to} Quebec. end "the presen y slaughter) « i a (CP)--The deathjon Canada's roads and streets. Fig a ye nd = Pichi had been done about Mr.\dent may be much-closc: 0 .:e|toll on Canada's highways ap-| "No matter how much preach-|sit back and relax with the funeral director, who|other ambulance service, in|Peats headed for a record, theling urging or campaigning is|comforting thought that once Canadian Highway Safety Coun-/qone, in the final analysis it is|more they are not concerned. that he received no'ambulance| Councillor Hubert Wank ex-|cil said in a statement Thurs-| yp to the driver himself to keep| "This false sense of security the highways and streets safe.")has been responsible for keep- Reeve Laycox advised that|Commission would pass such a} Despite the council's Slow| The council said it has re-|ing highway fatalities mounting Down and Live campaign being|ceived appeals for help fromjovr the past years." July 25. ters at hand." AMBULANCE 'CALLS up a number of questions "a'| "That is the most stupid For Record had not been completed at pre-|thing I ever heard," said Conn- vious meetings, one, if anything] cillor John Campbell. "The acci-| OTTAWA Sherrin, budget. calls in the township. working towards a good road) the police commission had pass-|resolution. caused by traffic continued to nately with the service 0. +. McEachnie, of Pickering Vil- Councillor Newman brought'lage. pressed surprise that the Police| day. impiementea across the coun-| Premier wan of Bea and try, the b f deaths| Other provincial au s fol- - wept "reagglle bg | = last weekend when 24 SUSPEND YCAA NEW YORK (AP) -- Jockey Manuel Ycaza was suspended for 10 days Thursday for inter- ference while aboard Time Tested at Aqueduct Wednesday. The suspension is effective Sat- urday and will keep Ycaza out of two major stake engage- ments. He was scheduled to ride 'Spicy Living in the $30,000- added New Castle Handicap at Delaware Park Saturday and Iron Peg in the $100,000-added Brooklyn Handicap at Aqueduct budget," said Mr. Newman, "'to cou place before the department of) highways next year. Mrs, McPherson said that the road budget would be overspent this year. "This is a healthy sign," said Mr. Newman. YOUTH PROGRAM | Syl Apps, chairman of the) select committee on youth, es- tablished by Premier Robarts, has requested from council a report on youth, their needs, and any rcommendations coun- Committee meeting to discuss cil could give. EA 'S in OSHAWA __ rate of speed. Deputy Reeve Mrs. McPher-|the matter. the oo; wg hoy roti valle BUDGET PASSED |reation committee to be dealt Before council before by Coun-|,,4, Supplementary budget . for) with first. Councillor Don War- $194,000 for roads was passed/ing, a member of the commit- eillor Spang. "t Fac 'ieniitaing definitely |by bylaw. ltee, said that he was pleased | The report was turned over | to the township parks and rec- SS must be done,"' said Mr. Spang. "It's been talked about for at least six years. The past Road Superintendent said this bridge should be replaced." AUTHORIZE SIGNS Reeve Laycox remarked that it should be taken up at the served that roads were the only service which were highly sub- sidized, and because of the ris- ing cost of administration -- an jinereased pay roll -- suggested |that more be budgetted to make |capital progress. | The Deputy Reeve stated that Mart Meanders | | As Mines Star TORONTO (CP)--Activtiy in speculative mining issues dom- inated action on the stock mar- ket Thursday as the major seg- ment drifted aimlessly. Trading was active with 8,408,000 shares changing hands compared with 10,184,000 Wed- nesday. Speculators picked Tormont as their favorite. The stock traded 1,011,330 shares and climbed 1144 cents to 314 cents. Windfall, the stock which trig- gered the current speculative spree, settled into a fairly con- servative trading pattern as its wild swings of the last week halted. It closed at $4.10, off 35 cents. Slightly more than 195,- 000 shares changed hands. Bunker Hill rocketed from 31 cents to 64 cents in less than an hour and just as quickly dropped to its closing level of 37 cents. Glenn was down one cent to 39 cents and Genex three cents to 49 cents. Gulf climbed four cents to 33 cents in orderly trading. Industrials took an index loss of .05 to 159.78 but there were signs of a rally at the close. LEADS LOSERS Leading loser was Massey- Profit takers dropped Quebec Natural Gas % to 10. There was a_ sprinkling of |good gains. Canadian Utilities climbed to a 1964 peak of 35% with a % advance. Bank of Nova Scotia tacked on % to 75, Bank of Montreal % to 66% and Toronto-Dominion % to 66%. John Labatt was ahead % to 20% and Algoma Steel % to| 73.%4 Base metals'rallied late in the Councillor W. G. Newman Ob-/t9 see this go forward. deem its 4%4- and 5%4-per-cent| going to work out," said Coun- convertible preferred share [con John Campbell. It is some- "This is one of the most im- portant items we will deal with in the whole year," said Coun- cillor Newman. RESIDE IN TOWNSHIP A ruling that all township em- ployees must live in the town- ship was aired briefly, as it has been on numerous occasions. It was noted that some of the most "efficient employees live out of the township. A "If they can move into the township," said Mr, Newman, "then they should." "I don't know whether it is times a difficult thing to move, lock, stock and barrel.' "They are given a year to make the decision," said the Deputy Reeve, who mentioned the cost of phone calls, and the inconvenience of not being able to contact employees when emergencies arose. 'We cannot always wait from 5 p.m., Friday until Monday," she said, "Each one of our em- ployees have agreed to move into the township. Some have session and were the only group to show a plus sign on index. Cominco gained 1 to 36%, Nor-} anda % to $4.75 and Falcon-| bridge 4% to 74. Leitch slipped 40 cents to $5.35 after Texas) Gulf Sulphur officials denied| that a_ settlement had been}! made no attempt. They cannot sell their house, they say." Councillor Wank: "In all seri- ousness, I think to restrict NET EARNINGS reached in a dispute over the) ownership of Texas Gulf's ore} body -in Kidd -Township near Timmins. Golds were fractionally lower} but Dickenson rallied to post a 10-cent gain at $4.95 after trad- the day. On index, golds were down .19 to 133.37, western oils .53 to 99.43 and the exchange index Ferguson which dipped % to 29% after announcing it will re- ahead .05 to 65.16. POLICE CRACKDOWN | Trigger Fingers Itch As Gang War Hits Riviera -- NICE (Reuters)--Guns blazed|worked- for Bianchini, Michel in a fierce new outbreak of un- derworld gang warfare on the sun-splashed French Riviera. Police this week intensified their efforts to smash two ri- val gangs fighting for control of the drug and prostitution rackets in this Mediterranean playland of millionaires and ' their bikini-clad girl friends. Radio-car patrols have been doubled and cafes and bars were being systematically combed for a lead on the shoot- ings which in the last six weeks have killed two men and put four others in hospital. Police said the victims were all known as members of rival gangs organizing immensely profitable traffic in drugs to the United States and _prosti- tues for wealthy vacationers. But the police added that the men: in hospital, either from fear or from loyalty, have said nothing about the men behind the shootings. TRACED TO 1960 Dotez and Max Arrighi, were! driving down a main street in Nice when another car pulled) alongside, pumped them with machine-gun bullets and drove] off. Dotez and Arrighi survived) but have so far told no tale. | | The latest victims were found| jlast weekend just outside| Grasse, north of Nife. Jack| Bermond was found pcs wounded on the road. He later told police that he fallén from a bridge and crawled back to the road. He was a Rossi man. | Not far from Bermond, at the celli man, PROTECT PUBLIC : \6 months ended June 30: 1964, ing in lower range for most Of | gy 785,000, $2.10: 1963, $662,000 .09 to 149.03. Base metals were $3,123,000, $1.18. bottom of a ravine, was the|£8,000,000 ($24,000,000) payable! mutilated corpse of Jean Roche-|over 10 years under an eco- billard, killed by seven bullets|nomic and technical co-opera- in the head. He was a Giudi-| tion agreement signed here Fri- By THE CANADIAN PRESS Johns - Manville Corp., 6 months ended June 30: 1964, $14,727,000, $1.73 a share; 1963, $11,202,000, $1.32. Canada Iron Foundries Lid., 70 cents. Gaspe Copper Mines Lid. 6) months ended June 30: 1964, $2,-) 176,000, 82 cents a share; 1963, Great Britain and Canada In-| vestment Corp., 6 months ended) June 30: 1964, $295,034; 1963, $190,114. DIVIDENDS By THE CANADIAN PRESS Canada Crushed and Cut} Stone Ltd, common 20 cents,| Sept. 15, record Aug. 14. | Continental Can Co. Inc. 50) cents, Sept. 15, record Aug. 21.) Goodyear Tire and. Rubber Co. of Canada Ltd., common $1, | Sept. 30, record Sept. 10; four per cent pfd. 50 cents, Oct. 31,| record Oct. 9. Kelly, Douglas and Co. Lid., class A 6% cents, Aug. "31, rec- ord Aug. 7. Standard Paving and Mate- rials Lid., common 10 cents, Oct. 1, record Sept. 17. CHINA GIVES LOAN ACCRA, Ghana (Reuters) -- Communist China will give Ghana an interest-free loan of] day. _ TSE Lowers Boom MUCH BELOW USUAL PRICE! COOL EASY-CARE COTTON SHORT-SLEEVE SHIRTS Breezeweight, Icy-White No-lron Canadian-'made Shirts in Various Fashion-right Collar Styles ! Finely combed cotton in a cool air-weave fabric for easy wear, easy care, Sanforized . . . an excellent drip-dry shirt that needs little or no ironing. 'Expertly tailored and detailed to EATON'S exacting specifica- tions for style and quality. Smartly vented short-sleeves. Lustrous chip- resistant plastic buttons. Convenient breast pocket. White only. in neck sizes 14/2 to 17. 3 for 8.50 PHONE 725-7373 TWO-PIECE BEE si assess EATON Special Price, MEN'S AND YOUNG MEN'S MADE-TO-MEASURE SUITS Luxurious, New-Season Wool Worsted Suitings in Medium and Regular Weights ! EATON'S MALL LEVEL, DEPT, 230 Choose from an excellent selection of rich, shape-reta'ning fabrics. In cluded in the group are Wools, Wool Worsteds, Terylene-and Wool, wool tropical suitings. Patterns range from subtle weaves to suave her- ring-bones. Colours are lightened and brightened. Your selection will be tailored by our meticulous craftsmen... style preference! Prices slightly higher for size 47 and over, 9.95 1» 105.00 PHONE 725-7373 . to your personal measure and EATON'S "SPECIAL" WHITE VISIT EATON'S OUTDOOR SHOP The latest outbreaks of vio-| lence have been traced back to) events in 1960 when the calm "COTTAGE" PAINT in the Riviera's underworld' was, And P lays Watchdog ; broken. e : : . Two gang-bosses, Jean Giudi-- TORONTO (CP)--The Toronto|change's efforts to protect the! : Paint your home, garage, cottage, eelli and Pierre Rossi, had|Stock Exchange is emphasizing| public was demonstrated June! boathouse, picket fence, clean agreed to divide the Riviera'sjits role as public watch-dog|19 when a letter was sent to| sparkling white then sit back and be proud of their appearance. As most lucrative areas for their these days. jlisted compani indi business, In principle this| Criticized in the past for not|them of thelr olga © well as beautifying, this specially- 'FO meant that Giudicelli had/fulfilling its job as policeman,| shareholders, Cannes and Juan-Les-Pins while|there have been signs recently Rossi had Nice. In July, 1960, Giudicelli was found dead with two bullets in his head in his luxurious villa Cap D'Antibes. A year later si was shot dead while play- ing cards in a bar he owned near the port at Nice. The "peaceful arrangement" came to an end and the two gangs manoeuvred for total con- trol of the Riviera, in addition to internal rivalry for the va-! ¢ant leadership. airs simmered wmtil last when Ange Bianchini, considered the leading candi- date to take over Rossi's gang, was shot and wounded at his village near Antibes, CAME OUT OF PRISON Three years ago Benoit Papa, another member of the Rossi gang, came out of prison in the Nice suburbs and was shot dead |that the exchange has drawn a line. Its most recent stand was taken with Windfall Oils and} Mines Ltd. The exchange told executives of Windfal' Friday it must make a statement, satis- |factory to the Toronto Stock Ex- change, outlining progress on Windfall's property in the Tim- mins area. | This demand on the company to inform the public came after a week-in which Windfall traded more than 6,000,000 shares and climbed to $4.10 from 56 cents. The exchange's action brought almost immediate results. Wind- fall outlined its progress, and two days later Glenn Uranium Mines Ltd, voluntarily issued a statement on its progress fol- lowing a day in which it traded more than 2,500,000 shares and climbed to a high of 85 cents before he reached the city cen-|from a low of 7 cents tre REMIND COMPANIES Last week two men who' Another example of the ex- of orders ran dry. | t The letter says in essence if a company is doing something that will affect its market ac- tion, tell the public immedi- ately. During the great trading spree in April when volumes on the Toronto market reached un- precedented levels, Lt. - Gen. Howard D. Graham, exchange president, wamed: speculators that they must be prepared to lose money or stay out of the market, Recently the board of gover- nors of the Toronto Stock Ex-if change suspended member firm John Frame and Co. for not having sufficient net free cap- ital to satisfy exchange require- ments, In heavy trading the exchange | has started to delay the opening of stocks frequently so that or-| ders may be matched, thus en- suring that a stock would not rocket higher at the opening and then sag as the initial flood ' priced paint should help preserve and protect exterior wood surfaces from the weather. "COTTAGE" HOUSE PAINT Vib EATON July Sale, gallon 3.99 EATON'S LOWER LEVEL, DEPT. 275 PHONE 725-7373 ® Camping and Sporting Equipment ® Barbecuing and-Outdoor Living Accessories ® Fun in the Sun Toys for The Youngsters @ Plants, Lawn and Garden Aids EATON'S LOWER LEVEL

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