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STOCKS AND FINANCIAL REPORTS STOCK MAR MINES $00 oo V4 112 1000 130 «190 2 2 64 184 480 $8 sw $7 | Freiman 0 Gen_ Bak GMC GL Paper Gt West L Hardee Hard CrpA Hawker §& Hawker or H Dauch Horne Pf Home A Husky Husky Apr Husky Dw HBC HB ONG ah) Bs te Ww 27 Ld 10 175 2B 250 1590 4 + 130 | 7 " bia + Va ; ve f] 7 3 | 2 #" &# | $41% 41% 41% -- Ve 1 4 40 +S 398989 a ee en 765 2S 05 5 | $17ty 17% 17% + Ye Sitwea 12% 12% + 720 $50'%4 50% 50% 1370 600 575 4370 Sis' 16% 1 600 $1900 '84 115 $52% S7% T75 Side 144 550 $20' 202 610 $94 Sa 125 $6% 14 984 1590 $29% rie $78 100 $7 750 as All Rox Aiminex Am Leduc Bantt a | 15% + % 250 2 1 15% 259 250 $12% 12 300 $8% 10 15 is # t 210 $17 1 140 470 $5) 616 no 115 4 100 $14% 6 7A $0 110 $26% ' 200 $20% 14% 26's 20% 10 13% 22 Mae Ve 26\a 0% ~ 0 Cdn, Sup O Cent Dei Cc WestP Dynamic Gt C Oilsds eae Ps 2 20% 20! Mba 2500 2100 900 1300 1028 1250 2000 1000 1000 INDUSTRIALS 1 4 83% ™ 162 3 7 Si% § 27% 94 1% 1 264 26 260 258 : ed 225 $14% 200 $262 5 1" . Oshawa A Pac Pete Abitibi 1 «tt Alte Ges Alta GCp , 1%, Canadian Press Staff Writer ; \still outstrips supply. : bulbs in the United States now % 50,000 tons a year." BUSINESS SPOTLIGHT a 2 | | 1105 wv P yd pee, -~ LlligGii © Tice roducers Young, Weir and Co., says he gest copper producer, an feels it's not the price of copper/nounced in April it was going that is a. ase Oe t0' into the primary aluminum field (ability of the metal, He said amd early in May a subsidiary consumers haven't switched to) company and Atlantic Research aluminum or plastics from cop-\corp. of Alexandria, Va. per in the past because of tWO/formed Canplas Industries Ltd. on born (4 produce plastic pipefittings in ties of copper and the cost in- British Columbia volved in designing products in! sith § 5 another metal. A company spokesman said "Once a customer designs out|Noranda intends to he in a po- of copper and into something] sition to offer its customers the else it's almost impossible to best possible choice of metals et him back," said Mr. Rae between copper and aluminum The problems for copper pro-, Elsewhere in business, share- ducers crystallized in Aprillholders of British American Oil when Chilean producers in- Co, Ltd. approved the sale of a creased the price to 62 cents a' subsidiary to Gulf Oil Corp. of pound from 45 cents he U.S. for $182-544,000, New Since then, world copper Brunswick Telephone. said it prices have been a hodge-podge.| plans to spend $22,500,000 in cap The metal sells for 62 cents a/ital construction next year. pound in Europe, at 45 cents in| Molson Breweries proposed a Canada and 3$ cents in the|7for-1 stock split and increased United States. Zambian produ-| the dividend to 32 cents a year cers base their price on the Lon-' from 25 cents. Canadian Tire don Metaj Exchange three- said it had bought 90 per cent month price and Congolese cop- of the company which supplies per is about 75 cents a pound. eredit to Canadian Tire cus Copper producers. however, tomers and Victoria and Gres aren't quietly sitting hoping for Trust said it had recovered Big Worry To By GORDON GRANT The high price of copper, 4 | meta! long on demand and short on supply, is beginning to bother producers because markets for the metal are in danger of being lost to substitutes The loss of sales to customers who turn to other materials} hasn't hurt yet because demand But when copper supplies grow--or demand decreases--to a point where they are in bal- ance, the Joss of market appli- cations for copper could pinch badly For example, the base on light is made of aluminum instead of copper. The switch, one industry spokesman estimates, cost U.S copper producers "upwards of "We are losing some Cus- tomers to substitute materials,"') one mining executive says "Some losses will be temporary, but some customers will move to substitutes permanently.' David Rae, analyst specializ ing in metals with Toronto Mc THE OSHAWA TIMBS, Monday, June 6, 1966 19 CMA Asks For Curb On "Defiances" Of Law not be tolerated, much less con- Canadians 'Drop Out By KEN SMITH | Canadian Press Business Editor |doned MONTREAL (CP) -- The Ca-| He fadian Manutactirers' "Associa-)---=~*F°OS--7esponsia ees." abies tion said today labor should do|management and government. | dro, something about what it called)/SHOULD BE FAIR numerous examples of unions) Management should go out of defying--the-law: \its way to he fair in all its deal- such actions|i#es and should demonstrate Warning that - represent virtual crisis of au-|. constructive leadership on the! jan Oe" veleusmes tniecn sightman team tour's 15 days. The Canadi lost Gi | The Canadians are a hopeless last in the team standings. | LONDON (AP) -- A Swiss \rider was disqualified from the (Tour of Britain bicycle race | Sunday on charges of taking also said this situation car- NORTHAMPTON, England dope. far) proms. f+ At aidone Tews o( Jean-raul CUrisiner was te pped out of the Tour of Brit-\ second member of the Swiss ain bicycle race during the) weekend, leaving four of the PE aT ASE | teem ater O1) team to be pulled ost of the competition. Officials fied Henri Regqamey last | Thursday after a test disclosed thority, the CMA general man-|>roadest of fronts."' ager, J, C. Whitelaw, said some|,, Governments had an obliga- unions seem to operate under|'on to enforce laws now on the the delusion that "the wil] of|PO0ks or, if wrongs existed, to their members is the law." | iMtroduce remedial legislation. Until this attitude is changed Of the Canadian economic substantially, Canada will con-|Picture, Mr. Whitelaw said the tinue to face a crisis, he told|CoMtinued expansion presents a the opening session of the asso-| Challenge to management, labor clation's 95th annual meeting. (#94 government since public The growing evidence of un-|and private policy has to be rest and militancy on the part|##med at keeping costs under of labor, especially in Quebec, |CoMtrol, eliminating production Ontario and British Columbia,|@"¢ distribution bottle. has been a major worry for the|Mecks, improving productivity manufacturing industry during and: " moderating or stretching the last year, Mr. Whitelaw|Ut peaks of excessive demand without tipping the economic said di "Certainly. we have seen pu -- into a downward merous examples of the law be- ing defied in one way or an- son, both of Toronto, the 1,500-mile tour, Leslie West of West. Sun day. Stu Mapp of Toronto had dropped out on the fifth day of the British) Midlands won Sunday's stege.|proportionate immigration rate Best Canadian was Pierre Dan-|in the world. dre of Montreal who name 30th, five minutes, 10 seconds behind other jhe had taken methylampetha- Marinoni of Montreal Saturday| mine--known to riders as the and Bruce Smith and Sam Wat-| go-go drug. -| Tests showed Crisinel took a j similar stimulant. | MANY LIKE MOUNTAINS Switzerland has the largest of the earlier slack of under-» employed cipaital and labor re-| sources, the rate of expansion must be expected to level off but the outlook Is, neverthe-| : jless, one of further substantial "With the elimination of mostigrowth in the current year." os OFFER VARIOUS EXCUSES | 'Various excuses have been| Lad GOLFERS | offered for the growing preva- « ence of this sort of behavior after several years of rélative harmony on the labor front In essence, however, most of these excuses add up to a dis inclination of some unionists to) observe laws which they don't like--and let me emphasize the Goring . . « Ord @ lady's thoughts turn te @olf. Be Sure you ore weoring the fashionable most eifing brighter days when substitutes 1.790.000 from an asset given won't take away their markets.ino value at the time of last Through the International Cop-|year's merger with British per Research Association world Mortgage and Trust copper producers are constantly | - looking for new applications for their product FIND NEW MOULD The association is financed by virtually all the major copper mining companies in the world 24? $74" 7414 156 $21% 21\4 75 $26 26Vm word some, because the criti cism certainly doesn't apply to all." Mr. Whitelaw said organized labor today is obviously more powerful than ever before Speaking in a city hit for the last four weeks with a crippling waterfront strike, he added that power should and must lead to) responsibility ' Exercise of that re-| sponsibility requires that the! representatives of organized la-| bor repudiate illegal or irre-| sponsible conduct and make it) unmistakably clear that it will! Leod; Investment Dealer this season, . . by visiting Black's Ladies' Wear Sportsweor Department To- ey, BLACK'S LADIES' WEAR LTD. 72 SIMCOE NORTH Open Fridoys til 9 togs stos C Atl Suger Bank Mont Bank NS Beil Phone Sow-M Pp Braz! BA Constr BA Oj} BC Forest BC Suger CAE Ind Cai Pow cD Sug Can tron 50 $24 29% 165 316% 16% 105. $12% 12% 215 $% % 100 $124 12% Silverwd A Simpsons Simpson § Siater Sti Southam St Pav St Radio Stee! Can Steinbg A Tancord Texaco or Thom NP TorOm @k Tor tron A Ay When you turn 21 you're no longer cov- ered ur parents' Hospital Insurance. To keep insured, you must take out indi- vidual membership 30 Get te bank or from the Consmis. Caution Urged On Government Aid Programs MONTREAL (CP) -- Govern WORKING BOTH SIDES CEDAR RAPIDS Iowa (AP) The city council received two letters from the fire depart ment on the same day. Assis- tant Fire Chief Bob Ellison Currently it has about 43 pro-| urged council to ban public fire ment aid programs to foster in-|jJects under way. Recently it) works displays for safety rea dustrial research have filled a found a new alloy metal mould) sons and Chief Jesse Hunter real need but they could turn|for bottle manufacturers which|asked for a. fireworks display into unwarranted interference, uses copper jpermit for firemen's night at a Canadian Manufacturers' As-| Noranda Mines, Canada's lar-|the .bal! park Un Carbid 7225 $23% 23% sociation report says x hai See ed ee ¢ eat 7 in S 700 $12'4 12 The report of General Mana Versatile " ger J. C, Whitelaw, tabled at r 15 the opening of the association's 4+ y|/95th annual meeting today, says| 9% + Ww the programs need "wise, care- qe ful administration" to prevent |their cutting in on the affairs) 18% 184 30% 95 2b\4 22% 1% 81% 8 $6% 6% $388 0 $13 i 465465 $654 65'4 $13'% 13% 505 $11 1 125 $154 15% 189 $4634 63% a sa 2 T Fir Trans tree A 480 u 33% 250 $17 174 200 365 360 360 Tru-Wall CPR Pr Con Pet Cdn Tire € uti c eats cell Clairtone Codvitle OD Vic G Walnwr Walk GW 10% a ~ ikl of individual companies and in 180 | dustries The report notes that stimu- lating higher levels of scientific and technological capa- bility through research is essen tial for long - ter meconomic ~10 | growth. 19 | It says the Dominion Bureau} | of Statistics, in the first detailed) zi, |survey of research after the +5 |government introduced incen-| ------~| tives through tax allowances in| 1961, found that by 1963 there| was a 34-per-cent increase in| the number of firms perform- jing research S414 41% $38% 3% ise 1% 15 76 «075~=«O7 100 $24% 24% 100 $26 2% 142 180 (180 $29%% 29% 405 405 = 40! $34.4 34 Sales to 11:00 a.m. $24,000 Disti Seag D Bridge Dom _ Elect Dofasco Doseo Dom Store ir FOREIGN TRADING Wainwroht 500. 180 190 Cowichon 200 103 103 Denison 210 $50 50 Dickenson 460 460, Deerhorn 1000 200 200 2500 47 LL Lac Lengis § | Mill City 200 215 | Siscoe 400 355 Untd Keno 200 595 How come 3,850,000 Canadians are insured by Metropolitan Life -more than any other company? =) 1650 a 100 $ ee 132 $22 22' 221% 475 $17% 17% 17% -- Vs 5 $4 45 5 AQ) 400 $11% 11% 11% 120 $63w2q 13'% 13'4 263 200 200 200 } 100 195 195 195 +15 49 990% 9 WH Ve 200 $262 264 26% + Ce ee a al , 35 35 700 47 215 355 mS hoe' bine | SRT NRE TE Penn F ™! Skull Fracture MEDICARE KILLS TRADE | AUSUSTA, Ga. (AP) -- This Proves Fatal eity will be without ambulance CORNWALL (CP) -- An 18-| RESEARCH SPENDING UP And one out of every two Metropolitan Life policies bought, is bought by one of our present policyholders. These are a few of the reasons why 3,850,000 Canadians have chosen Metropolitan. Remember, the company you get your insurance from can make a difference--a very big difference in the security that you provide for your family. Call your local Metropolitan adviser. He will be Veased ts give you a Family Security Cheek-[p, shich may turn up assets you never knew you had. There's no obligation ... except to those.you love. Mostly, it's because our customers like the way we treat them--and their money. With 2,160 full-time representatives across the country, Metropolitan always has someone nearby to give personal attention to every claim or question. And, whether you need a thousand dollars of insurance or $5 million, Metropolitan has a com- plete range of life and health plans from which to tailor a program just for you. Metropolitan pays policyholders and beneficiaries an average of more than two and a quarter million dollars a week. Nearly two-thirds of that money goes to living policyholders. The 'family' Hospital Insurance premium must now be paid to cover husband and | wife. Notify your 'group' without de- lay OR, if you both pa' remiums direct, noti- the Commission. Millions choose Metropolitan Life more in Canada than any other company "We might just as well not) have had a debate in Parlia-} ment," he said. 'It was an ex | ercise in futility." Under the redistribution an-| service June 20 when all three|year-old youth was treated for) "'These 701 firms spent $201,- directors say medicare has died later in the day Although the report gives no -- Gordon Pigeau had been| their total spending has in- r_ Andre. About-.a--mile- north} "It-is- significant tee that, of SASKATOON (CP) -- Oppnsi-/foot in a rear wheel and was! ment operated by the reporting tutional action in the Commons) Alexandria, treated for cuts andjriod," the report says stituencies in Canada jback to the hospital; but died|Canada has important implica- Diefenbaker criti: | i i! i o-- ca Ga He said it arbitrarily refused ions for establish-| nounced last November, Sas-| katchewan, which formerly had operators, local funeral homes, |@pparent head cuts Saturday | 200,000 in 1963, an increase of withdraw services. The funeral|after a tractor accident, then|37 per cent over the 1961 total." caused increasing demand for An autopsy Saturday night re-|figures, the number of compa- ambulance services vealed a fractured skull jnies engaging in research and oe aie |riding about 6 a.m. with his fa-|creased sharply again since! Minimum Limit {ther ona tractor driven by Hec-| 1963 ito | thet nt! lof St Raphael's, home of both|the 406 permanent units for in- To Be Asked families, the youth caught his|dustrial research and develop- tion Leader Diefenbaker said|thrown to the road companies, 40 per cent were es Sunday he will demand consti-, He was taken to hospital in| tablished in the 1980-1964 pe- to ensure that a minimum limit|@brasions and released | It adds that the establishment be placed on the number of con-|_ Later in the day he was taken|of the new Science Council of Speaking at a press confer jen route tions for domestic research ence, Mr cized the Saskatchewan elec-| : : toral boundaries commission | Have You Been Shopping Lately | | to make any alterations in its| a AT ve E jarics in the prov=| 17 constituencies, now will have 13. main 8 © © 8 © 8 8 8 | One Low Price 65 STYLES, SHAPES AND COLORS TO CHOOSE FROM To keep insured follow the instructions onthe Hospital Insurance Certificate of Payment 'Form 104' that your present employer is required to give you on leaving. SINGLE VISION 1)" Complete with lenses ALL LENSES PRECISION GROUND TO YOUR fromes and case EXACT NEEDS .. . NO EXTRA CHARGE FOR TINTED LENSES OR PRESCRIPTION SUNGLASSES NO APPOINTMENT NECESSARY Your ONTARIO HOSPITAL INSURANCE Plan Ontario Hospital Services Commission Toronto 7, Ontario BIFOCALS 19" Complete with lenses frames ond cose 17 Bond St." ° East 2nd Floor 9 a.m. to 5 p.m. Daily Closed Wed. All Day Phone: 728-1261 WE FILL ALL P.S.1., OCULISTS' AND OPTOMETRISTS' PRESCRIPTIONS AT SAME LOW PRICES | "