Ontario Community Newspapers

Barrie Examiner, 16 Sep 1960, p. 6

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To Reduce ACCidents TORONTO tCPi Pleas for more inspectors and revamped accident prevention were made Thursday beioro the royal commission on industrial safety Commission chairman Judge McAndrew oi Port Arthur questioned briel submitted by George lilcCurdy oithe United Brotherhood oi Carpenters and Joiners of America CLCV The brief said accident preven tion should be handled by work mans compensation legislation Saskatchewan where this was done there were only 41 fatalities in 1955 compared with 303 fatali ties in Ontario Surely the population lactor the amount at construction car ried on and the number of men day put in have some bearing in making true comparison oi the accident rate said Judge McAndrew SAYS MORE MEN NEEDED The union recommended an hie creased number cl safely coun sellars in addition to placing ac cident prevention in the hands of the Ontario Warkmens Compen cation Board Hamilton local 1005 United Steelworkers of America CLC also urged increased numbers oi inspectors There are only 51 lacs tory Inspectors In the province the union brief said but Within limile radius of Hamilton there are 15 deputy game war dens apd one conservation of ficer Factory shop andpfiice work or were not accorded the same services aslwildiiie they con eluded The carpenters union said successful salely program could not be accomplished with inspetr lion and safety regulations under STOCK MARKET the Construction sum Assodn tian The brief also urged are View of the Trencher and 311me cases cavatalsfrotectian Act Many inspectors incited sulrv dent uperienoe to maintain the required solely tor excavation workers Veteran steepiejackJames Ed wardSmflh at Toronto told Judge McAniirow there wastoo much also glamor attached to if pro Iesrion Golds Give Cheer ButAll Else 10ft TORONTO CPLGolds contin ued to provide some cheer today in stock market where every thing else was on the down side On index golds were ahead 4a at 8459 industrials wereoil 01 at 49719 base metals 19 at 15531 and western oils as at 8754 The 11 am volume was 514000 shares compared with Thursdays 419000 at the same time lTODIlYS STOCK PRICES Eoluulltd at noon by Flynn 11 clutter st unrrio minusmlitl Alberto Abitlbi Poper Algoml Steel Aluminum Ltd Alberta an lulu Staci Bk at Montreal annkeoLNs lieu Tel Co Brazilian alt Oil Etc Powr can hit of Con cdn nmworiu con anrr Consumers Dis Dom nr inf Pow iii Conn 911 Min do 5m leatt sen Dnm roun Darn store Famous Pi at Laku Harden Farina Homo on Hudson Bay ilio hop Toboccc Acce inter Nic rev Joell Club Lohlaw PM nloo rowcii luv illmy Farl im Norna 295 Nor Oat Nt mt iitoorn corp aim onto idle om NP us as RniL 31 Royal Bluk 11 St Law C0 eon Shlnds Sbl 41 Simpson 121 Steel oi Can arts stoinhsrg div Tor Darn Bk 51 Trans Con El an Truu Moun in 210 Traders Fin Texaco Union Gu Walker ier an all as 14 tuNrNu Can Erin Comp Chin Gen Doi itlo con North Cons nuhlson con Morrison Colt Hall Dara on van Gunner at Hoiiiagcr Lamaquo Nelv aiyl Normetal Foleonbridaa Geco Minor Kornliddiron Maritime in New norco Coidstream Opomiska Quemont Slml Gordon Steep Rock 75 United oil 73 Writc Amulet 21a iviilsey 34 ie no 21 in can FIVE MUST ACTlvB STOCKS Airoma steel Central Del Rio New Mylamnquoi Ilayal Bank Imperial oil umnusn DECLARATIONS Dunin Mlnu leflod 17 cents pal October Err dlv Foundation Co or condo 12V centl pay October 14 Ex Sept United Kono Hill Ltd 10 cents puy October 21 Ex rliv September as stiverwood Dairies class is cents Class 16 cents pay on mil Ex div November 15 Crush international Common cents Zeuerl Limited Common as cents andoNus renw ay Cat is Ex dtv September so in Nov ix div September as YORK AvaltAGEs lndurtrlnis up 63 Railsvup 1a Utilities down 09 unnoNTo STOCK EXCHANGE mmzx Industrial down a1 Golds up 18 Metal down ia Oils down se Marthas COMMENT on Now York market movcd ate closer yesterday toward it as ch vs tut oi the ircy sea level or this DowJana Industrial Average with the steel rovidinr the heap hn leadership oiling ressure in crouod in the last hal hour to point where the tape ran minute nto tor tenminute interval This ooinoidcd with report ram pittn burgh that steal Sninp prices had ssued 3125 to 225 ton hoivw Augultquotu op era also were llaavy on talk that rodusuiio cut baciurnay necessary Consensus Wall Street is that the one area or tho nowrunes ln dustriat Avergt cre gelling drives were halted in larch my and July abouid nooin prove an euectivc barrier to further dcclinc aunr concede that tho immediate business and minor outlook is drab or many companies but con INVESTMENT CHATS Crawiard and Co Ltd as Dunlap St PA salad is What are the fundamental differences between bonds and stocks Bonds are evidence of in debtedness issued by govern ment municipality or corpora tion when borrowing a1 funds They are usually issued in denorrunatlons of $500 $1000aad multiplesol $1000 upon which the issuer contracts to pay the holder is stipulated rate of inter est on specmc dates over stab ed period of time At the end of this time the issuer agrees to re pay the principal amount against surrender of the bond The bold er of bond is creditor of the issuer and enioys no rights In ownership or management as loog as the terms at the contract are fulfilled Failure of the is suer to live up to the agreement causes default or bankruptcy and in the case of industrial or commercial companies this in variably entitles the bondholders to legal recourse to bring about 5a satisfaction of his stated rights 0n the other hand stocks or shares represent participation in the ownership of compan and give voice management and an equitable lm to its profits These pro are distributed to shareholders in the form of divi dends which are declared out at earnings by tho directors of the timid to pin thctr hopcs on tho possibility ol lurthcr creditesslnli moves by the £11111 such notion should prove necessary The Conndiun market continued to show good resistance to the New York downtrcnd with Toronto in dustrials laslnlz only 11 against 610 for the DowJones Industrial Average AngloCsnodion Pulp the outstanding feature is un changed at is We understand rtccd shares sold off in London roi lowlnEthu announcement and that tax nugie is involved so that the indicated vuiuc ot the uXChlnEfl may he more in the vicinity oil 550 share than 54 Albert 15 Read is said to he one or the largest paper ninklng compunlcs in the tut with authorized capital or an million pounds or which 177 million is nub standing For six months ended Juno 30 Eddy Paper Co reportsnet profit of $207 share on combined coin noon and Class This is the lirst lutcrlmrcport issued by tho com pany Report stotcs results or cor responding period in 1959 would not be comparablc nnd therclore were not included Results or Sidney Rousing sold early this year have been excluded except for divi dends received prior to sale For lull year 1959 Eddy reported netai $13 million or sue =liiire at which $268104 came ram sldnoy The New York market issuer ally easy in moderate trading The Canadian market is somewhat lower in lym athy with New York and quiet oblhw timed to 31 in response to higher cornlngs trans mitted earlier President Mattl says We have fol conridcncc that resulia or the co as car will sur pass ou previous och evenlento Ncabltt Thomson Co Ltd Toronto lroo Works came un der early scilingpressure to lead lndustrials downoil two points at 13 international Paper hit new low or the year with one point drop at 89 gt Mine losses were tractional but plentiful with Cassiar Falcon brldge Hollinger and Miranda all all Vs Giant Yellowkniie and Hudson Bay gained Vi each at 11 and 47 Among senior uraniums Deni son eased 10 cents at $910 and Rio Algom gained live cents at $760 Home put damper on west ern oils with accent drop at $555 lndustrlals closed two points down Thursday in index industrials closed at 49806 golds were of 75 at it Hill base metals were of 54 at 15600 and western oils were off BD at BT50 There was 1796000 shares traded compared with 2429000 Wednesday lntemntiooal Paper hit new low or the year all 231 at 90 with MacLarcn of two points at 77 Eddy oil point at 57 and AngilyCanadian Pulp off at 45 Consolidated gained in at 40 Ask more inspectors method of Selim butcher cattle introduced fortbe first time iman and mediumJlght hulls replacement cattle met our and At Stockyards Stirs Active Bidding Fer Cattle TORONTO CPJTbe auctlob um and cuttir cows ioil good heavy bologna hulls 155047 53 years at active existeocc including heavy lat beebbtilla brought active bidding and in 12 strong to higherLfieplaoement cattle Good ban iprices Wednesday and Thursday dywelght kinds mostly 11 with at the Ontario public stockyards sales to stock calves selling Fries werc steady afooday 2550 MWJM mum stockers 1721 fimnud wan iCalves Choice vesicle 3141 with odd sales to good 2941 Cow prices were iully 50 coal medium 2328 common 22 25 and more higher or the weekiboncrs 1121 beef and heavy while bull prices were steady and rough calves under pressure In good Hogs Grade 27 with several demand yloads at 2715 heavysows 1950 veal $31 egg may Buggefistags 15 on dressed irm pr cos and calves and Sheep and lambs good handy 233 we weight lambs so bucks dis counted 51 per bundredweight H05 PIN95 were sirens 1° 15 medium and common lambs sold cents per hundmdweisht higher downward to it feeder lambs and lambs sold 50 cents lower1ala sheep 59 acoording to Cattle receipts estimated at mum 9000 were some 1600 head more than last geek and altmut 900 more than same wee in 1059 Receipts from Western Canada otaliedl 232 head down 210 head rom ast week Stock calves numbered 150 head lesslthan last mg 0mm PRESS ucolrs 270 filling frficeterjiaas 130 133 Shipments of slaughter cattle to in 395 pe canth 592 Eastern Canadian slaughterers 0nd hmen and common were Lhe sdnsmef rills week at share 1959 59392749 sass twocarua an terewereno exports to the United States en$31nnf°gp33$ 153373540in Slaugtiter cattle Choice steers 33 pCIBSEA and BSh Whofirwlth odd tops to 25501 1959 KZtfi $806 9° 24 madlum 1W °°m MasseyFerguson Ltd mos mm 1449 good heifers 2021 ended July 31 1960 2163000 With few choice at 2150 some 92 MS Shire £59 £17151 fancy dryied heifers 2123 medA 5138 iums ill1050 common 12 la choice fed yoarlings 24502550 with odd tops at 1675 medium 14501550 common 1350 1450 my AN axsiiirlan WANT PHONE PA 824 THECANDLE SHOP MILES mourn or 13san on Highway 11 at Sun valley Will be open until Christmas The Hours will now be 26 daily Saturday ll Tuesdays closed ITS scHooL TIME AGAlN We plonto attend the AnnuoIVSHU Milli Feed School September andVEZ in Toronto one way in which we try to keep niethodsof feeding and manqgerrientff livestock and poultry Well be spending two days in Toronto so we can be of greater service to our customers ASK Us ABoUT ITwIiEN COME HOME QUALITY AND saavicsir tiittsnALE noun FEED Hillsdale DENNIS Bradford lira mason Cooksrown mi 1333mm Mill entrance militia Barrie mi BOWLING coupon THIS COUPON environ Bearer so angry age 818 to fulltwo games of bowling on to the stockholder company from time to time Shares are also evidence of the permanent capital subscribed to the company and it is under no obligation to pay thisrhacltrto shareholders under ordinary cir cumstance Whereas thehondlioldsr 15 creditor théshhrehul part owner and manager anfshares in the fortunes and misfortunes of the enterprise SATURDAY SEPT 17 1960 From 100 pm to 500 pm stunned the Declines To 232 WAWAtcPtThe bank at Canada loterat rate declined lradioaaliy today to 732 per cent from at last week with the sale of $95000 in Slday gotem ment treasury bills The rate an indicator of condi tions in the shortterm money market had risen slightly last week to us per cent from 126 the previous week alter an allt meet unbroken decline from July 14 when it stood at tilN 126 rate at Sept was twmyear low NOON DOLLAR MONTREAL CP The US dollar was at discount at 1516 per cent in terms at Canadian iunds voear noon today Thurs days noon rate was 90 3132 adigound sterling $273 510 up NEW YORK CF Canadian dollar use lower at $103 132 in terms of US funds Pound sler ling unchanged at 3281 BUY AT HOME TORONTO CF An angry Supreme Court grapd jury in ionned that Don iail prisoners are using imported American toilet paper Thursday that where possible Canadian pulp products should be used to maintai recommended 112 scum craniummitt seer 190 Iapanese Official Talks Trade BeiWeen Countries With Green WAWA GP Japanese For eign Minister Kosaka here for talks with ExternalAflalrs Min ister Green held minute conference with MrGreeo Thurs day and spent about so minutes earlier with Prime Minister Diet eohaiter The dicussloiu with Mr Green outleted trade relations between Canada and Japan he said at press conference but they did not get into specific details Japan has agreed to hold down experts to Canada in certain sensitive items such as textiles which are ongpetlllve with Canadian prod uc Toni Hagiwara Japanese Am bassador to Canada said some new requaLs had been made or import quotas do certain prod ucta but negotiations still are going on between the two govern menu He declined to specify the items involved adding that quota on transistor radios and rubber foot wear also had been under tits cusslon since the firstof this year andnaquotahadbeensetoo them for 1961 auosnsous lusunaucs aasucv JZIDONALD ST PA 66085 AT YOURSERVICE YOU PHONE lLL SEE YOU AT YOUR HOME EXCLUSIVES lN DWELLING COVERAGE arrrcn DEAL ON YOUR rARM FIRE wraps CROSLEY WEFW Ouubaoding vaiuelo on automatis 30 got range Clock controlled oven minute tinier ova giant and two standard top burners with instarlite ignition Banquet size lightad oven with window door silent blide broiler drawer with hrailingthart automatic oven and broiler ignition with 100 safety shutoff Porcelain drip bowls and no drip recessed cook top simplify cleaning coor LOW PRICE were rAttraiit SHOWING I960 ELECTRIC caosaEY aoaaw electric The ultimate in completely automatic 30 range including modern colortone styling dimensional panel tighfingand convenient control centre rotisserie and appliance outlet electricroastnieier in ihermtrgilard audace element rotisserie with ltabob unif lighted oven 24 wide with Automatic clock controls oven Features ttyout elements oven icture window cooeLOW Pitica $19900 $3 19911 DOWN 1200 mm MONTH 3990 Down 1900 pan mourn us YOUR PRESENT RANGE as DOWNZPAYMENT

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