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2B THE OSHAWA TIMES, Wednesdey, June 1, 1966 STOCKS AND FINANCIAL REPORTS Pha! eV mk Sa Wiles Willroy Windfall Yale Lead Zulapa Alminex Am Leduc Calvert € Grideit € Homestd Cdn Sup 0 Cant Del Chieftan 0 € East Cr Dynamic French Pt Gr Plains Gt C Olisds Int Helium Mill City NC Olls Ranger Rt Sourry Bn OILS, GAS 37'4 37's 195 185 "eM 34 2B a 74 125 --§ WAat+'s 155 u 3 ba 27 #100 6500 19 $00 221 200 200 615 1166 65 5 400 410 ua 2 15 425 215 sit $11 H 44s 100 215 $27'4 AA RMIT eT AVLLR DTI Lb | nrrermas SONA rrr | DUDINDWD NIV LMIVILE 17% Sia + el W's | 91% -- a! um m-- 1% | --15 ~2 i's 41% Am a 2 2 817% 17% I%-- % 475 (475 By GORDON GRANT TORONTO (CP)--Land devel- opers in Ontario are concerned that over-contro! by municipal officials may choke off major building projects. Grant Duff, president of the ?\Urban Development Institute says the growing use of site- plan agreements by municipali- ties is the major cause of con- cern, He says too much control by some planning boards raises the possibility that future buyers may be told by municipalities * what kind of house they could buy on a given lot--"therebs removing the matter of individ "ual taste from the public do- main," 4 sile-plan agreement a document, drawn up by devel opers, which shows all aspects of land development, including details of architecture, elemati and Jandscaping, Municipalities must approve it before issuing a building per mit, And this is where develop. Horne Home Husky Husky Husky HBC HB ONG Imp Of imp Tob Ind Accep ind Wire ingersoll A Iniand Gas intend Gpr 1BM 4 $20% 20% 929 320 320 $10 0 0 vw 305 $i7% 175 11$395 395 866 $97'2 97 - 1 $292 2'4'2'4-- Ve 1600 $31'2 31% 219 -- 110 $78% 78% 78% 940 $6%. 6% 215 912% 12' 3 9% 84 8% 610 $29% 29% 27% 10 420% 20 M > Nickel int Util sath Util James Sti Lafarge LOnt Cem Laura Sec Levy A pr Lobto A Locana Loeh M Maclarn A Mmilan Bi Mass-F Met Stores is Land Developers Fear Municipal Over - Control knowing that time is on their|rooms--and their uses--in the side and a developer can't af-|structure," Mr. Duff says ford to fight even the most! He says the institute, an as- onerous conditions," Mr. Duff|sociation of land developers said in an interview. | formed 10 years ago to act as a In land - developing time|liaison between developers and is money, The site - plan| governments, is not opposed to agreement is merely a method|the principle of site-plan agree- of municipalities saying, 'Show; ments because they serve the us what you propose to do and' purpose of .guaranteeing mini if we approve you can go| mum standards of development. ahead.' "But in its extreme, a site- "But if they don't agree with) plan agreement can have a one minor detail, a whole multi-| sterilizing effect on an area if million-dollar plan may be held! architectural controls: are too up. Of course, the developer can) rigidly applied," he says. appeal to the Ontario Municipal 3oard, but this is a time-con-- CITES EXAMPLE Mr Duff ingles suming affair onto's University Ave 'In developing, these delays are cos it can even mean "It stands as a strip of that by the time the appeal is| unimaginative brick and stone heard we're into a bad season,"| austerely tailored for the insti- tutions that flank the broad av- SEES COSTS RISE enue." The institute has He add "This add ountless dollars to a project recommendations to give which ultimately must opers a break Kstablish a basic polics passed on to the publie 1, "The site ylan agreement, appeal procedures to the out Tor- out can drawn up deve costs be of On |Man "Awed" By Powell | Overseas Union Leaders Signs Big Guarantees TORONTO (CP) Gerald |Groship, 51, of Toronto, told a royal commission Tuesday he made a financing error because the was. 'awed' by. C. Powell | Morgan, former president of At- Hlantie Acceptance Corp. | Mr. Groship told the commis- | sion, investigating the collapse jlast year of Atlantic, that he signed personal guarantees to- talling $2,925,000 as security for loans of $3,176,639 from Com- modore Sales Acceptance Ltd., a wholly-owned subsidiary of Atlantic He said he got the impression the securities were routine and was told by Mr. Morgan that he would never be called upon to make good "Il was reluctant to sign the guarantees but Mr. Morgan said that in cases of large loans it was necessary to do this." Mr, Groship said he would not have signed the guarantees had he been asked to do so by any- body other. than Mr. Morgan I was awed by his position Most certainly he knew I was not good for this kind of money." Mr. Groship said he controlled NET EARNINGS By THE CANADIAN PRESS Traders Finance Corp. Ltd., three months ended March 31 1966, $1,148,681, 26 cents a stores known as the Little Scot group and three concessions in 13 discount stores operated by Towers Marts and Properties. The loans. from Commodore were for the Little Scot stores. WAS A RESCUE He said the Little Scot stores were started as a rescue oper- ation when the Towers conces- sions ran into serious financial difficulties. Mr. Groship blamed what he called "reluctant financing" by Commodore Salés 'for the fail- ure of his business to prosper. He said Commodore exercised such close supervision over op erations that "I couldn't even issue a cheque." He said if the Little Scot stores had been given enough time and permitted to continue, they would not have failed. BOND MARKET TORONTO (CP) -- Long-term Canada and provincial bonds were unchanged in light trading on the Canadian bond market Tuesday. Provincial issues were the same with the Ontario Hydro six-per-cent 1988 issue closing at 10914 bid and 100% asked 1e¢ government of Canada 444-ner-cent issue maturing in 1983. closed at 86% bid and 87% asked Changes were slight in quiet short-term Government of Can- Told Of The Canadian Way WINDSOR, Ont. resentatives of 'gh ne were told Tuesday that the au- Raeuaheee Sete Poin dann | Omotive industry's big three America and Australia were|"'! D&ve ¥1,000,0W0,0W0 in for- briefed here on the workings of ®ign investments in 1966. Canadian unions before begin Puropean manufacturers ning discussions in Detroit Tues-|trying to catch up for time lost day. in the past few years, said The 45 union leaders were|Adolph Graedel, general secre- particularly interested in the ef-|'ary of the International Metal- fects of the Canada-U.S. auto| Workers Federation. agreement with reference to the| wider application of the pact) STONPS TURN TO SCREEN outside of North America. LONDON (CP)--The Rolling The vistors toured the Ford Stones pop. music group is to of Canada Ltd. engine plant in|make a movie of the book Only Windsor Monday and heard an| Lovers Left Alive by Dave address by Victor Reuther,| Wallis.Thestory has all Brit- United Auto Workers Union's|ain's adults committing mass director of international affairs.| suicide, so the remaining teen- 'agers gradually ruin the coun- DETROIT (AP) -- Trade un-jtry. "It could have been writ- ionists from 12 foreign coun-\ten for the Stones," said their tries, the U.S., and Canadailmanager. SAVE $ $ ON AUTO INSURANCE If you are an Abstainer you save up to $22.00 on your auto insurance. Se JOHN RIEGER are 210 742 $25 share; 1965, $1,695,619, 38 cents. | a4 trading with the Oct. 1, 1967 Peoples Credit Jewellers Ltd., issue closing at 98.10 bid and year ended Jan, 31: 1966, $1,-'98.90 asked 919,934, $1.42 a share; 1965,. Treasury bills were un- $824,429, $1.13 s changed with 91-day bills at 5.10 Teck Corp. Lid., six months per cent and 182-day bills at ended March 31: 1966, $1,037,771, | 5.27 per cent 22.4 cents a share; 1965, $989,-. Day-to-day money was avail- 243, 21.4 cents. able at 5% per cent. MPG Inv B when in the tiands of an over zealous planning board, could tario Municipal Board that re- quires a decision within a spe tell developers how far'cified period so grievances can must be back from' be settled quickly the pitch of the roof 2. If one condition of a and plan agreement is in dispute, al of| low the remainder of a develop- iment to go ahead while an ap |peal is being heard or pending ers are scared they may h problems, ' CAN USE TIME FaCTOR houses Municipalities can demand the street kinds of conditions be put| the color of the brick the site-plan agreement|conceivably, the number 597 KING ST. E., OSHAWA DIAL 728-7567 W Decaite INDUSTRIALS 620 $114 140 $33 50 $10 wel set site- $5 Ml ay > $27% 27% Ia-- Ve! All 210 $26" 262 26 into * Stock Facts Apitib! Alte Gas um Alen Al pr Alm ip i's Anthes A Argus | Securities Sales Curb To Stand u B Fil TORONTO (CP) -- Legisla 0 e ] e tion barring securities salesmen from soliciting the general pub TORONTO (CP) Attorney- lic- was protested in vain Tues- General Arthur Wishart 'offered day by Canadian' Mutual a major concession Tuesday to Funds Association. both Conservative and opposi John Godfrey, a governor of tion members. of the legislature the association, told the legis- who were demanding tighter lature's legal bills committee reins on the primary distribu-| mutual funds should have the tion of securities same freedom to solicit as have Mr, Wishart proposed that | life insurance companies. companies whose shares are A section in Ontario's new Se- traded on the Toronto Stock Ex-| curities Act prohibits all securi- change be required to file ai ties salesmen from soliciting on "statement of material facts"|the telephone or on a door-to- both with the exchange and the 40or basis except where the per Ontario Securities Commis son is a business associate, a whenever a new stock former customer or a close per- is made from treasury sonal friend The proposal was endorsed by DIVIDENDS the legislature's legal bills com mittee and is to become a part By THE CANADIAN PRESS Inter-City Gas Ltd., 25 cents, of Ontario's new Securities Act June 30, record June 15 now being processed by the house Legislature members who had Maher Shoes Ontario | demanded that listed companies preferred 15 cents; common | file a prospectus, as must un-|cents, July 1, record June 15 listed companies making a pri Quebee Natural Gas Corp., mary distribution of treasury 5% - per - cent preferred 9614 shares, succeeded last week in cents, June 30, record June 15. | writing their demand into the All-Canadian Dividend Fund, act 7 cents, June :15, record May 31. But Tuesday they backed Security Capital Corp., class away from their hard-line stand|B 6 cents, June 30, record June and accepted the attorney-gen 16 Leral's compromise without ar | gument The i facts probably will be much the same as the filing statement oe ee in wy ge ae _ Steinbergs- Ltd. announced before - making a primary dis ey es | tribution on the exchange. nin eS Bostanual ragp ed xcnang in Cartier Refined Sugars Ltd.| ; Cartier Sugar, incorporated in competitive' in hours of work LASTS FOR EVER 1963, operates a refinery in sub-| } rates of pay, working condi- Water is ageless and is one urban Ville St. Pierre where It! | tions, initial work assignments of the few things in nature that produces liquid 'and granulated! and image can be used over and over! sugar for manufacturing pur- "The average rate paid to again. poses jcommerce and business admin- Ay FOP SO istration graduates hired in 1965 Lge . " Golden Spindle Textiles for industry in general was $445 a month. The average paid by Offers you a large selection of Domestic and Imported Fabrics ot LOW LOW PRICES, 125 $1% 11% 170 $26'4 2614 850 $20% 20% 215 $70's 70% 100 $17% 17% 1870 $53% 53% 1151 $10! 10% 281 $32%. 32% 180 $184 18% 70 $62 62 459103 103 100 ($7 7 $6% 6% % Atl Suger Atl Sug A Bank NS Revelstk R Yarns A Rockwell Romfieid 1790 170 0 0 «5 Rothman 1 "Ma Royal Bnk I 1% > Salada + '* Shell Can 1 2 n ve Shop Save 1 13 Simpson §$ 1 16% Slater Sti 2125 $12'4 12% 12 Sogemine 135 $12 2 Cen Bread : Southam 25 $369 36a 16% pir tea on 3 | St. Pav 300 $12% 12! Can tron $23.4 22% Steel Can 470 $2344 23% Bie Can_ Malt si9) 19 Suptest od 1200 $19 9 C Pecks $s) 8} Suptest pr 10$100 100 Can Perm $11 11% 140 $154 15'4 125 $6314 6314 6344 -- 4 200 SAT'4 47% BC Forest the 8C_ Phone BCPh épr BiFinane Burrard A CAE ind Cal Pow 7+ C Safe dor Cc Brew ¢ BrewA 92 69 36% 6% ion offering Chemceil Chrysler Comince 170 100 Lid., Sales te 11 12 FOREIGN TRADING Falcon 180 $92 «(92 Injand wis 190 5 Anglo Rovy 200 230 Cech Will 700 480 Lang's 2000 ~S Siscoe 600 350 Spooner 100 105 Utd Keno 00 525 Wiliroy 200 140 am $B% Mise WA~% $15 154 1S4-- 190 175) «(175 $15 3615 15 v 7 3% oe 4+ $33% 3A 34-- 4 $214 2" 2am | sa 8 OB Coronatn Crow Nest Cygnus B DaleR Ap Dist! Seag D Bridge Dom Elect Status Of Retailing Low Personnel Chief Maintains TORONTO (CP) -- Retailing has a low status as &@ career and frequently it is deserved, J. A. English, personnel super- intendent of the Hudson's Ray Co. says He said at the annual, confer- ence of the Retail Council of Kilembe Copper Cobalt Ltd., 20 cents, 10 cents extra, June 30, 1 record June 14 £ " rial statement--«s state of ment ACQUIRES FIRM Canada Monday that the indus- try isn't providing appealing ca reer opportunities for university and technical school graduates The industry was "just not Slump Comes In Industrials TORONTO (CP) -- Industri- als slumped in moderate trad- PLAIN AND PRINTED IF S 8 8 Soe TT to : A census taker from the Dominion Bureau of 'Statistics Reliable facts about Canada's people are needed for the * will visit your home soon to ask you these five simple ques- planning of future schools, highways, hospitals and other tions as part of the 1966 Census of Canada. The census public services, and for marketing and research. starts June Ist. The information you give the census taker is completely Your answers,.when related to the answers from millions confidential. This is assured by Federal law -- the Statistics of other Canadians, will provide basic facts on Canada's Act. And if you've any doubts that he is an official census growth and development as a nation. These facts are essen- taker don't hesitate to ask for his credentials. Be counted tial to business and industry and to governments at all levels. for Canada... Census °66 JUST 5 SIMPLE QUESTIONS Can you afford $29.95 @ month? That's all! Do we mean a full size quality pool with deep diving area? Absolutely! We mass produce with the best e e ? rs { materials for pools. Rugged structural steel sides are galvanized -- won't 1. Nem of p ot ald? rust, corrode, crack or warp, Beautiful vinyl interior never needs scraping, 2. Relationship to head of household? YOu CAN painting or refinishing. Ten year guarant E financin Ny 2 ts i ie pay. Phone us today for all the 'eh antee. Easy financing, Five years to 3. Male or female? Only $30.49 A Monti 4. Age at last birthday? OWN THIS partan GALVANIZED SPARTAN MAJOR POOL Householders will also be asked-whether the home is owned or rented, : POOL and EQUIPMENT CANADA LTD, of golds, which gained a healthy weighted prices quoted by the Alcan Aluminium 1% to 3944. quoted by the Toronto Board of conowns, Se YM. 3.9 Rio Algom %4 to 2444 in a weak stabilization board tenderable 32 King St. W. at Cor. Prince St. Phone 723-3271 350 shares and lost 5 to 68 cents finished carbon and alloy steel FREIGHT LOADINGS UP STEEL POOLS period of last year, the Domin retailers was $422 ing on the Toronto Stock/ Ex- PRN T Rec Re ae aaa change Tuesday ( . RODUCE LOOK AHEAD TO SUMMER WITH THESE Other sections of the market TORONTO (CP) ---Wholesale a followed suit, with the exception'to retail carton eggs average BUDGET PRICED FABRICS 7.07 on index to 178.84. The gain agriculture department as of t "STRAW HAT" LINEN 43" ya, 98° was the largest since 'Sept, 22, May 31: A large 50.3; A me- @ 1964, when golds rose 7.81 dium 47.4; A small 41.9, oe SERANO LINEN 1,49 In the main list, MacLaren Eggs: Wholesale price to Power A fell 1% to 21% and country stations fibre cases BONDED KNITS -- ALL Come and see our corefully chosen Bank of Montreal dropped 1 to Trade from wholesale egg deal- elections of 61, Atlantic Sugar 1 to 26, Can- ers: Extra-large 41-42; large 40- SILKS - COTTONS - RAYONS ada Packers B | to 81 and Great 41; medium 36-38; small 31-33; ALL AT West Life 1 to 69, B 36-37; C 33-3 2 ASS BUDGET PRICES Inco dropped 1 to 9714 and Butter prices: Agricultural WE CARRY FIRST QUALITY MERCHANDISE ONLY senior base metals group carlots: Buying 40 score 59 McIntyre Porcupine climbed buying 39 score 58; selling 59 3 to 88 and Dome 2 to 50 in golds Jave Exploration traded 495,- in speculative mines On index, industrials lost 1.18 to 183.37, base metals .27 to 90.69 and the exchange index 92 to 154.99 By THE CANADIAN PRESS STEEL RAISES PRICES U.S. Steel Corp. has raised prices by $2 a ton on cold- bars. The move apparently fol- lows similar unpublicized price moves within the last week by Republic Steel Corp. and sev- eral smaller steel companies. Revenue freight was loaded on 87,081 railway cars during the seven days ended May 21, an increase of eight per: cent over carloadings in the same ion Bureau of Statistics reported Tuesday. Carloadings are an in ication of the pace of business in the resource and manufac turing industries. i Dominion Bureau of Statistics Walter E. Duffett, Hon. Robert H. Winters, Farmers are asked additional questions, which for their convenience, 690 DRAKE ST Dominion Statistician Minister of Trade & Commerce will be mailed to them in advance. 725-9181, EVENINGS 725-3601