TT THEOOMAWA TIMES, | .. Briday, September 11, 1964 Late Trading - Lifts Market. \ | : To New Highs TORONTO (CP) -- The stock , market provided a last-minute - oe . on " o a , -ment which would require the in ' t three inl fo the board of the Bell ~ 'and hours off. spurt of trading and broke into new high ground in three of the five indexes during moderately- heavy turnover Thursday. Speculative activity, al-| © { though dull duringethe early part the session, improved toward the close. Speculative prices were generally lower. The 80-stock industrial index closed at 161.04, a 1964 high, ahead .62. The index set new highs -three times during the ' session and recorded its previ-| © ous top July 21. The 114-stock composite index closed at 150.29, ahead .57 to a new high. The composite index estab- lished a new high Wednesday 9g previously set its top July 1 The base metals index also reached a new top, its first since April 7, when it rose .61 to 68,27. Most of the rise could be attributed to blue-chip base metal stocks. With the exception of papers, all industrial groups rallied at the close to score impressive gains. Leitch and -- Highland - Bell sparked speculatives with gains of 20 cents each, to $4.55 and $7.10 respectively. Consolidated Marbenor added 20 cents to $2.25, while Acadia Uranium tacked on 1% cents to 9% cents. Senior base metals were ex- ceptionally strong. Inco and Falconbridge both advanced a point to 86% and 76% respec- tively, while Hudson Bay gained % to 71 and Noranda % to 47%. Craigmont added % to 16% but Cominco slipped % to 38. Gold trading was slow, Mc- Intyre Porcupine fell 4 to 57%, while Dickenson lost five cents to $4.70 and Dome % to 30%. On index, golds gained .37 to 132.61 and western oils fell .36 to 95.49. Volume was 4,056,000 shares compared with 3,610,000 shares traded Wednesday. Bell Director Bill Stalled OTTAWA (CP)--Arnold Pe- ters (NDP -- Timiskaming) Thursday moved an amend- di- Telephone Company. The amendment,, moved in the Commons, was to the bil! sponsored by James Brown (L--Brantford) to increase the number of Bell's directors to 20 from 15. The bill has been stalled in the Commons for weeks and was again talked out in the hour devoted to bills sponsored by private MPs. Mr. Brown said the directors are appointed by the sharehold- ers and that the shareholders would have to approve any move by the government to ap- point three directors. Mr. Peters said'his amend- ment would be a very mild way of exerting some authority on the company--which the board of transport commissioners had! not been able to do. Colin Cameron (NDP--Nan- aimo - Cowichan-The Islands) said there - should be éome measure of public control over a company on which such a large proportion of the Cana- dian population is dependent. He said an examination of the books of the Northern 'lectric Company, a wholly-owned sub- sidiary of Bell, might show that the public is not being protected in 'transactions between North- ern Electric and the parent firm. Ralph Cowan (L--York-Hum-| : ber) said the Supreme Court of Canada should look fnto the re- lationship between Bell and): 4 Northern Electric. Police Chiefs Name Officers SASKATOON (CP)--Chief El- mer Steeves of Moncton Wed- nesday was elected president of the Canadian Police Chiefs As- sociation. He succeeds J. A, Ro- bert of Montreal. , Chief' James Mackey of Met- ropolitan Toronto was elected first vice-president and Chief Ralph Booth of Vancouver sec- ond vice-president. Director E. A, Spearing of the CNR in Montreal was elected third vice- president. ' George A. Shea, Montreal, was elected secretary-treasurer for his 24th term. Delegates to the association convention complained of a growing tendency for police- men to think of their work as a job rather than /a Vecation. Police unions have become a « "growing menace" in the oper ation of efficient police forces, said Mr. Robert. Fal He said police associations are infringing on police opera- tions by their demands for lim- ited work weeks, overtime pay LAYS CABLE COWES, England (CP) -- A) 4,600-yard electric cable has 20 ONLY CHAISE LONGUE Nylon web strapping green/white only, Reg. K-Mart Value $6.99, : 12 paty LAWN CHAIRS Vinyl tubing, assorted colors, Reg. K- Mart Value $6.95. ROCKING CHAIR Aluminum frame, blue only. Reg. K-Mart Value $11.99. LAWN MOWERS 4 cycle 2%. HP. Briggs and Stratton motor. Recoil start, 19' cut. Reg. K-Mart Value 49.97. SUNBEAM TWIN BLADE ELECTRIC LAWN MOWER Reg. K-Mart Value $90.00. 67.94 Bp 14 ONLY KONTIKI DELUXE LAWN CHAIRS © Aluminum frame, 3-piece covering, plas- tic arm rests. Reg. 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SPECIAL 1.74 Boys' sizes 1 to 5. $ Reg. $2.46 Value .... SPECIAL 2.09 PYJAMAS Choice of sizes. Reg. K-Mart Value $3.99, voit 2.97 MEN'S ASSORTED SUMMER TIES Reg. K-Mart Value $1.47. Special YW - been laid under the Solent, which separates the Hampshire coast from the Isle of Wight. It is the first British oil-filled sumarine power cable in Brit- ish waters. | No. 2 Highway Between' Oshawa and Whitby