2 THE OSHAWA TIMES, Wednesday, March 10, 1968 WINDFALL: RISE AND FALL Drillers Exec. Made $53,000 TIMMINS (CP) -- Three top executives of the company which drilled the Windfall Oils and Mines Limited property near here last July bought 100,- 000 shares of Windfall stock and reaped a total profit of about $53,000, a royal commis- sion was told Tuesday. Edgar Bradley, president of Bradley Brothers Limited, which had the contract to drill the Windfall property, said he made about $16,000 from his 20,000 shares, Vice - President Wilbert Bradley made $20,858 from his 60,000 shares and R. F. Spencer, secretary - treas- urer, $16,549 from 20,000 shares. The royal commission is in- vestigating the rise of Windfall stock to $5.60 from 56 cents on rumors of a rich base-metal strike. When the company said it had not made a strike, the stock collapsed to 80 cents from $4.15 overnight. Mr. Spencer told the com- mission that while he was with Wilbert Bradley in Noranda, Que., July 4 he received a all from Edgar Bradley in Tim- mins. He said Edgar Bradley told him there was mineraliza- tion in the Windfall drill core. He did not know the source. of Mr. Bradley's information. On July 5 he and Wilbert Bradley went to Timmins where Roch Grignon, office manager at Bradley Brothers' Timmins office, told him that, according to George MacMillan, Wind- fall's president, the drill showed 65 feet of "good-looking core." This information was interp- reted by Mr. Spencer as a sign that mineral values were pres- ent. i He said that later that night they- met Edgar Bradley an the threesome decided that Windfall might be a good stock to buy. However, they were reluctant to buy because they felt they had confidential information He said they were worried about their ethical position. The meeting broke up with each man deciding to make his own decision on whether to buy. On Monday, July 6, the day 'Windfall opened at $1.01 on the Toronto Stock Exchange after closing at 56 cents the previous Friday, Mr. Spencer said he received a telephone call from I. E. Jones of Housser and Company Limited, his Toronto broker "Mr. Jones said if I had my gambling shoes on [ could make some money in Windfall," he said Mr. Spencer put in an order to buy 10,000 shares of Wind- fall, Later the same day he tele- phoned Mr. Jones and ordered another 10,000 shares, upon which Mr. Jones told him that Windfall had 85 feet of miner- alization in the drill core. Commission counsel Patrick Hartt asked: 'Did Mr. Jones know that your firm was drill- ing Windfall property?" "Not so far as I know, and I didn't tell him," Mr. Spen- cer said. BOUGHT 60,000 SHARES Wilbert Bradley said he bought 60,000 Windfall shares on the basid.of the telephone call from his brother to Mr. | Spencer and Mr. Spencer's talk! with Mr. Grignon. | Scott Woodward, 4, nearly hanged while playing in a tree, is cuddled by Hudson Falls Police Sgt. Bruce Manell, who gave the child © a SAVED, AND HIS SAVIOR of artificial respiration to help save his life Monday. A playmate ran for help when Scott slipped while climb- ing a tree and dangled from a tree limp that caught the hood of his coat. An adult rushed the unconscious boy to Manell's nearby home, --AP Wirephoto U.S. Doubts Canada Role In Viet Talks WASHINGTON (CP) -- The * |United States state department Tuesday called speculative a published report that Ottawa played a "hidden role" in sounding out North Vietnamese willingness in January to hold exploratory talks. The report by the United Nations correspondent of the Christian Science Monitor says President Johnson asked Can- ada to check secret advice from President de Gaulle of France and Secretary-General U Thant of the UN that the Communists were favorably in- clined toward talks. Says the dispatch: "Ottawa is understood to have reported back that its member of the International Control Commission in Hanoi exploratory talks. reached Washington (Informants here say the Ca- nadian member of the three- nation supervisory group was not capital in January.) : Adds the dispatch: "It appar- ently was the cause of irritation shown by White House spokes- men when the French and U Thant reports of willingness in Hanoi reached the Western press in February. "Washington, basing its esti- mates on its own intelligence and the Canadian feeler, felt the pressure for talks built in Janu- cow, the UN and elsewhere was dangerous." ® The state department at the same time Tuesday had a pre- pared response to the minority to Britain and Soviet Russia as co-chairman of the 1954 Geneva Conference which made ada, India and Poland the tri- then found no such desire for This report in. the North Vietnamese upon the news from Paris, Mos- Canadian report made Feb. 13 Can- , OTTAWA (CP)--The Cana- dian Labor Congress called on the government today to reduce personal income tax rates and ing to spur the economy and create new jobs. It said strong expansionary measures are needed -to keep! the current economic boom go- ing and cautioned against any attempt to balance the federal budget. The CLC's annual brief to the cabinet said' income tax cuts should be concentrated in the low income groups where any increase in disposable income is likely to go into the purchase of goods and services. As companion measures, the CLC urged an increase in public spending and "greatly ex- panded" social security. the federal sales tax on build- ing materials and machinery. It said this tax, which was insti- tuted in 1963 and reached its full 11-per-cent level last Jan. 1, "'is likely to inhibit economic ex- p and employment." URGES JOB AGENCY Criticizing presert manpower programs as "hopelessly inad- equate in relation to possible future needs," the brief pro- posed establishment of a Na- tional Manpower Service within the labor department to co-ordi- nate and expand the work now being done in this field. It said more emphasis is needed on retraining to reduce the job dislocations brought on by automation. The government should pay cost-of-living allow- ances te unemployed trainees at 75 per ceat of the average in- dustrial wage in each region. RECORD PLAYER REPAIRS © ALL MAKES ¢ thus stimulate consumer spend-| Workers forced to move to other areas should be compen- sated fully for the expenses in- volved and given a "settling-in" allowance. ~The CLC said it has noted an alarming drop in the public re- spect for Parliament since its last presentation to the cabinet 15 months ago. Atthough the parliamentary SAD gg SERED CLC Asks For Reduction Of Personal Income Taxes respect than has been the case during the past year." SEEKS $100 PENSION On social security, the con- gree called for an old age pen- sion of $100 a month payable at age 65 without a means test. This was essential to give a de- cent standard of living to these now over 65 who will not bene- fit 'rom the proposed Canada Pension Plan. system was a good one, "we very much doubt that it can hold its own unless changes are made in the way the House of Commons conducts its busi- ness " ; The brief did not specify what changes were needed but said they shouid result "in a House whose behavior will win more How fo relieve BACK 22-5 ACHE ole ceasing ths t backache. Soon you feel better rest better. De- pend on Dodd's. The 1,190,000 - member con-||, gress also pressed for repeal of "JACK" HUGHES REAL ESTATE APPOINTMENTS "CHARLIE" RANKINE 725-2338 728-3682 ACTIVEREALTY LTD. ACTIVE REALTY LTD. "Bill" Horner, Sales Manager, is pleased to" ennounce the appointment of "Jack" Hughes ond "Chorlie FREE Pick-up end Delivery Call 723-3867 nation peace supervisory com- mission for Southeast Asia. The report by Canada, stat- ing Communist aggression was responsible for the situation in "IT'S ART' EXHIBIT INSISTS CLC Urges HERE and THERE sy work BENCH', -- ARTIST a ----,* pe proediliyg § Hey Pe HALIFAX (CP) -- A "pop red Pinsky, chairman of the | South Viet Nam, was made] #EAT WITH OIL Rankine to the Realty Department of Active Realty Ltd, Hillsdale' (Mich) College of South Darlington, placed | 2' Painting entitled Expo fine arts department at Sir | . a a Both of these gentlemen have been in the selling field Dean's List as a "'B or Bet- second in the boys' solo | bifid pg iy Seige es oe! th li mar ac | e uction wietie and Poland disagreed DIXON'S in "Oshowa"' for over 15 years, and are well qualified ter Student" in recognition class; while Billy White, of | &* ibition of the Nova Scotia Montreal. The state department said to serve your Real Estate problems. of his scholastic ability dur- ing the first semester of . He is the son of Mr. and Mrs. Manning Schwartz of 845 Sommer- ville street, Oshawa. The current issue of The Ontario 'Gazette carries the information that letters pa- tent of incorporation' have been granted to Consolidated Tool Limited, which has its head office in Whitby. A group from the Ontario Lumber Dealers Association will be touring lumber yards in the city of Oshawa today. The lumber dealers are holding their convention in Toronto this week. The International Reading Association will be holding a reading conference in Osh- awa on March 12 and March 13. The conference will be attended by 130 teachers from Oshawa and district. The general topic of the conference will be "'Methods of Teaching Read- ing in Primary Grades'. Dr. Donald Cleland and Dr. Elaine Vilscek, both from the University of: Pitts- burg will be the guest peakers. Group di ions, lectures, demonstration lec- tures and questions will fol- low the speakers. Charles Fellegi employed by the Harwood Auto Body Shop in Oshawa has recently completed a one week train- ing course in body and frame straightening at the John Bean factory school in Lansing, Michigan. THE MARCH 11 MEET- ING of the Lakeland Chap- ter of the Administrative Society will feature Clare R. Copeland as guest speak- er. Mr. Copeland, a division manager of Officé Overload Co., Ltd., has been with Office Overload since 1960. He joined in that year as an Account Representative, moved to the production de- partment as manager and was appointed division man- ager in 1962. of branches from Halifax to Regina. His topic at the meeting will be Work Measurement. THE ONTARIO Labor Re- lations Board has certified the United Steelworkers of America to represent all employees of North Ameri- can Steel Equipment Co. Ltd. at Whitby, except of- fice staff and other desig- nated exceptions. Members of Oshawa Safe- ty League decided last night to change their . meeting place. from the courtroom in the city police station to the new board room at Central Ontario Trust and Savings Corporation start- in with the, April. monthly meeting. DURHAM COUNTY STU- DENTS made an excellent showing Monday in the choir and vocal classes at the Peterborough. Kiwanis Music Festival. Hampton Public School scored 86 marks to win the school chorus class and 85 marks to win the triple duet class. Courtice South Public School was given 85 marks to place second in the class for triple trios. The choir of Rehohoth Church, Bowman he South Darlington, placed third in the boys' solo class. Oshawa Fire Department had a quiet night. There were no 'fire calls. City ambulance answered three routine calls. A picture cutline in yes- terday's edition of The Oshawa Times stated that dogs must be tied up for six months starting March 15, Actually they have two more weeks' reprieve and providing they are properly tagged, have the freedom to roam until April 1. Charles J. Henry, QC, a lawyer with many Osh- awa connections, has been appointed county court judge in Toronto. Mr. Henry, a native of Toronto, is the grandson of the late Eu- gene 0. McCrohan, a for- mer Oshawa businessman, He is the son of John J. and Eileen McCrohan Henry. The new judge is a past chairman of the ad- ministrative law section of the Canadian Bar Associa-. tion. He is a member of the CBA Council for On- tario. Congratulations are ex- tended to John Howden of RR 1, Oshawa, who is cele- brating his birthday today. NO ONE WAS INJURED early yesterday morning in a three-car collision on Park road south by the CNR over- pass. Drivers involved were Theodore Kapuscinski, 307 Beech street, Whitby; Car- lyle Chubb, 445 Centre street and David Duncan, Taunton road west. THE CENTRAL ONTARIO Trust and Savings Corpora- tion of Oshawa will not be moving to Peterborough be- fore September, the last meeting of the finance com- mittee of the Peterborough town council was told. Two months, May and Septem- ber, were the only. times the firm would consider lo- cating in Peterborough, and negotiations for May had fallen through. IN TUESDAY'S EDITION of The Oshawa Times, page nine, a picture of three peo- ple was incorrectly identi- fied. The three people were William Whitsitt, Zan Whit- sitt and William Cooper. GEORGE BURT, director of the Canadian Region for the UAW, will speak at the Annual Birthday Banquet of UAW Ladies' Auxiliary, Saturday in the UAW Hall. Two Oshawa and District people have won prizes in the Interstate Engineering Company's "Shop at Home" Contest. Dorothy Vivian, of Tyrone, won second prize of $2,500 in the contest and Gary. Hoskin, 126 Keewatin avenue, won $750. Contest- ants were required to enter a written statement on their views of the com- pany's products. Society of Artists despite ad- mission by the alleged artist today that the work is actu- ally the top of a work bench | used for sign painting. The painting, a colorful col- lection of thick. paint, bottle | tops and linen rags, was sub- mitted to the annual exhibi- tion being held here this week by Murdock Cranston, a Hal- ifax sign painter. Mr. Cranston, who put a | $1,000 price tag on the Col- | lage, said he entered it "as a gag' and was talked into submitting the piece by a friend who is a member of the artists' society. He said "the painting" is a plywood table top used in his business which he had planned to throw out. 'WORK' ACCEPTED However, he was persuaded to have. the paint - smeared wood surface framed and glazed at a local art dealer's | shop. The work was accepted | by exhibition juror Prof. Alf- Prof. John D. Reppeteaux, | society president, said today if, Mr. Cranston actually did the work himself, "'it is not a fake. It is a collage type of thing and not unusual for this area." However, Mr. said the only "phony"' of the painting would be if the exhibitor had = entered the work: under the pretense that it was his own. He said "'if it gives interest in the show and brings people to see it, that's great. "It will continue to be hung, even if the artist intended it as a joke." Mr. Cranston said: "T wanted to get Prof. Pinsky's reaction, and I guess I got it." He set the price at $1,000 because "I didn't want to sell Reppeteaux it. The exhibition opened Mon- day night. Mr. Pinsky made his selections about a month ago and returned to Montreal. WEATHER FORECAST 'Sunny, Colder Clear Tonight TORONTO (CP) -- Forecasts|Mainly clear and cold tonight; ------ issued by the weather office atiand Thursday. Winds light. 5:30 a.m.: Forecast Temperatures Synopsis: Colder air contin-|Low tonight, high Thursday: ues to edge eastward across Windsor eoeeccenee 15 32 the lower Great Lakes behind|St. Thoma 15 32 a slow moving disturbance nowjLondon .. 15 30 over eastern Ontario, The area|Kitchener 15 30 lof light snow. over southern re-/Mount Forest...... 15 28 lgions will gradually ease out of|Wingham ...... oo 28 lthe province allowing skies to|Hamilton ....... + 20 30 lclear It will be a clear cold|St. Catharines 20 32 night over all of Ontario tonight/Toronto . . 20 32 ranging from 20 below zero in|Peterborough .... 15 28 the north to about 10 to 15|/Trenton ......00w 15 28 above in the south, Thursday|Kingston ...... oe = 15 28 will be sunny but on the cold Killaloe .... 5 25 lside as an area of high pressure| Mushoka . 5 25 covers the province |North Bay 0 n Lake St. Clair, Lake Erie, surat a a Lake Huron Southern Georgian|o cg," 2 |Bay, Windsor, London: Clear- ye ee Marie , s ling .his afternoon. Mostly clear White Ri De wore ns 15 and cold tonight. Thursday| 400° vr estes ee ome lsunny but rather cold. Winds|,,cosonce ve 75 10 becoming light tonight Niagara, Lake Ontario, Hali-} burton, Killaloe, Hamilton, Tor-| jnight. Northern Georgian Bay, Al- goma, Timagami, North Bay, /Sudbury: 'chursday sunny but cold. Winds northerly 15 becom- ing light tonight. White River, Cochrane:| NEED... FUEL OIL ? Timniins FINAL FUR 75 KING ST. aspect | 'Auto-Price OTTAWA (CP) Govern- ment action to force auto com- panies to reduce car prices and give consumers some _ benefit jfrom the new Canadian-Amer- lican agreement on auto tariffs iwas urged today by the Cana- dian Labor Congress, The CLC said that unless ithere is a price reduction the agreement amounts to a $50,000,- 1/000 annual public subsidy for jone of the wealthiest industries lin the nation It said the removal of tariffs on cars and parts from the U.S. lis expected to cost the revenue \department $50,000,000 a year. | "The industry has explained ithat it plans to use the savings from the plan for capital expan- sion rather than passing them jon to the consumer in the form jof lower prices," the 1,180,000- |member congress said in its an- jnual brief to the cabinet. "But the minister of industry lhas announced that the compa- jnies with the greatest need of 'funds for expansion will receive loans from the Industrial Devel- opment Bank, It appears that the Canadian public is being asked to bear a double load of |subsidization for one of the jwealthiest industries in |the country." FOOD POISONING | There were 1,528 reported jcases of food poisoning in Can- jad a in 1964 TV and STEREO &) WAYNE'S 78 Simcoe N. Telephone 723-1411 FOR ALL YOUR DRUG STORE NEEDS Phone 723-2245 FREE, CITY-WIDE-DELIVERY JURY AND LOVELL CLEARANCE E., OSHAWA Call PERRY Day or Night 723-3443 GOOD FOOD Need Mortgage Money? Real Estate McGILL "*..° Day or Night - 728-4285 BUSINESS MEN'S LUNCH 12 Noon te 2 P.M. DINNER 5:30 to 8 P.M. 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