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Oshawa Times (1958-), 1 Jun 1966, p. 35

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Ni SAI flyers ons | anti-a vived North Bot navy devie flak, scribe walk The of "a which for th their | target raid b Bay ¢§ 80 mil An clined weapa was "* sults ¥ 25 ang were § credive wareht the cai Anti downet to 2513 Eli Wi SAIG: Premie toral ce had rea tative + work of sis for They would & ernmem The + committ in what fort to: and dive they a tions 'a bly to } ¢omm seems li propose ent or ¢ about Uf one. seal sons, The @ been um for the drafting be up cide if tive dutit to conv parliame | Trust Firm Recovers O From Asset arose _partly|and Grey's holdings of 135,738 | 5. $1,700,00 TORN AS 'These holdings and Grey Trust Co, say: it has} from direct investment in Com- Commodore recovered more than from an @ no value at the time year's merger wit Mortgage and Trust This is worth about rtgage, the share of British Mor Stratford company which ran $1.79¢,000' medere, and partly because| bought for $1 sset which was given| Commodore securities had been| price of $203,667. This meant that in total, Vie-|'" / h British! loans which were never repaid.|toria and Grey would get back| Strike is authorize of last| pledged as security for some THE OSHAWA TIMES, Wednesday, June 1, 1966 3S! | } Seaway Workers Strike Vote Set OTTAWA (CP)--A strike yote among 1,200 employees of the Lawrence Seaway wil! he dIune1#_ the Canadian |Brotherhood of Railway, Trans- port and General Workers (CLC) reported Monday. If a d, a date will shares would pe 50 each, or a total Mr. Harris said: "We simply| $1,703,667 plus 50,000 Commod- be announced June 7 $6 per) concluded we'd receive nothing! ore shares, for these securities." Mr. Harris into financial difficulties follow-| April 7 this year, Commodore} ery will be ing the collapse of A ceptance Corp, in June, 1965. gay Mortgage shareholders one Vic-| common shares, on the ' The price paid by Commodore) does not in any case make up| conciliation shares for these securities was $1,500,-lthe deficit position of British mendéd a wage increase of 000 plus 50,000 Commodore com-| Mortgage at the time of the|seven per cent this year and merger last Sept. 31, The merger toria and Grey share for each Mortgage six British held. At the time Grey shares were sel $15 range, U OF T GRAD Robert, Lofthouse, son of Mr. and Mrs. Gordon Loft- house of 124 Park rd. n., a former O'Neill student, will be graduating with honors in modern history and Eng- lish from the University of Toronto on June 3. He has joined the Toronto account- ing firm of Clarkson, Gordon Co, Lid. No Agreement On Peace Talk BANGKOK (Reuters) -- Ma-| Shares. In addition, laysian and Indonesian officials ford company held ¢ called today for further meet-| Common shares ings of their leaders afer fail- The $1,700,000 was from securities of ¢ Business Machines lid. which Victoria thought were worthl time of the merger "Looking back not call it a mistake ter Harris, and Grey British Mortgage h 000 face amount in ¢ on president Victoria and) mon shares, putting an lent valuation of $2.50 on each|modore agreed that Victoria British Mortgage share ~ ie " said Wal debentures, notes and preferred he had found tlantic Ac-| said it would buy back all the) Mortgage's portfolio of invest- securities held by Victoria and' ments, e British|Grey with the exception of the jing in the' The same day, the pr&ident He added that the Commodore The walkout would paralyse| said it is still dif-'the waterway, blocking its key| But, by an agreement made ficult to estimate what recov- Montreal-Lake Ontario and Wel-| made on British land Canal sections Decision to stage the vote was originally made last week when the majority report of a federal board recom- recovery securities another seven per cent in 1247. equiva- and vice - president of Com- recovered ommodore 'New Grits Leader Prediction Made and Grey ess at the VANCOUVER (CP)--The ex- ecutive director of the Young Liberals of Canada says he ex- pects the federal party to have a new leader within two years. eld $2,899,-/ Gary Smith of Dutton, Ont., ommodore | told a press conference Monday Young Liberals the Strat- are generally impatient with 'ommodore | Canada's national political lead ership. RUG it, I would of Victoria special ing to agree on the details of a joint communique to announce the end of the undeclared wat between the two countries One Malaysian official said} earlier that agreement had been| reached on broad principles, but} o! details remained to be ironed out Earlier, both delegation chiefs --foreign ministers Tun Abdul Razak of Malaysia and Adam Malik of Indonesia--expressed| confidence that the talks would} succeed. A time for a_ third meeting beween them was ex COAL & SUPPLIES FUEL McLAUGHLIN 723-3481 iikes.v. OVER 40 YEARS EXPERIENCE! take advantage of it! 24 hour ser- vice; and radio dispatched trucks al- woys on the ready to serve you, Fue! Oil Budget Plan available, NOW IS THE TIME TO CONVERT AND CALL pected to be set tonight SPRING-TIME IS We restore carpeting to its original beauty... quick drying. \ ANcus-GRAYDON CLEANING TIME process assures YOUR ANGUS-GRAY- SERVICE. 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