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it Hold Workshop br Teachers ads oi department and prin oi Barrie high schools ll attend department heads workshop today at the Brace hrldge High School sloog with some 50 others train the Geor llan Day District When the Department oi Edu sgatlon announced last all that no workshop at thlsnature would be sponsored by the Department this rummer the Teachers Fed eraiion proicsaiooal development comm1ltee ior this district un der the chairmanship at Lesage oi Barrie North Colle ginte organized the oneday program The meeting will open with panel discussion Taking part will be Principal Bowman oi Barrie Central Ram superintendent oi Barrie secon dary schools Stelnhaeur aistant superintendent oi the De artment oi Education and lisoo oi Toronto Township VicePrincipal Dryden oi Darrie North wlil chair group dealing with the topic Help in New Teachers Participat TORONTO STOCK EXCHANGE Compiled by Flynn 01 Dunlop St Banls Italiltical Iumln or the well andlnl April Id rm AVIIUI moon ll everre Stork vines anas XI minted and Sloth Common indiuml Id Ilium ing in the discussion will be Ross and Watt oi Danls North and Meadmes Stan art and Coupland and Kirk and Thompson at Bar lie Central Morris oi Barrie North and Miss Smith oi Dorrie Central will be among those dissuaan the topic Scaling at Marks Marking Schemes and Exams panel on supervision oi teachers will include Morrison McCaw and ii Dickson oi Barrie north The topic Special Methods oi Teachin will be discussed by pal Brydges oi North and Fairbroihcr Knox liossop and Pembouktan oi Central Lemmoa at North and Nesbitt at Central wtll dis cuss the topic Duties oi Dir ectors while subject topics on Science and French will be dealt with by Sloane oi Cenual and l3 cs at North ray Exaumna WANT ans PHONE 731 April 411 AM voyage ii mm ovamnc oar The trout season opened yes terday and ior at least three local ilsherrnen smash hit The ieilows Ralph True to the fishertn SHOl 1N ratititM it waaa Barrie Ba Ms BULLETIN BRIEFS TransCanada Pipe Linea Ltd The Company declared an ini tial quarterly dividend oi as cents payable April 30 1904 to shareholders oi record April 1964 The Company announced last week that it had made arrangements with its iirst mor tgage bondholders to alter the Trust Deed so that iuods would be available as at December 11 lists tor payment oi dividends Enron and Co United The Company reports that tor the iiscal year ended December 11 subscribe ior the units will es pre May 15 1964 Cautious praise appears to be the reaction oi the Barrie iin ancial community to the report oi the Royal Commission on ilects mainly the underwriting losses at three insurance subsi Traders Finance Corporation Limited Net eamlngs tor the iiscal year ended December 11 1963 amounted to $120501 or 70 cents per Class and common share as compared with 84643516 or $101 per Class and common share ior the 1062 iiscal year Villmott President oi Traders Finance said the reduction in not com lngs tor the 1063 iiscal year re banking and finance The report tabled in the Cont mons contains recommendations designed to spark new competi tion in Canadas lending indus try and provide greater protec tion lor the borrower These recommendations in clude the tilting oi the statutory eix percent on bank loans pro visions ior iarciog all credit grantors to reveal interest rates and dollar charges on all credit and the admittance oi banka to Johnson leit Barry Bradley and Earl McCrotte combined to pull in an even doaen trout nwrlt The reports proposals could stimulate the homebuilding in dustry and the economy accord ing to Michael Von Denbossche manager at Trans Canada Credit Corporation Ltd He said the increased competition among lenders was good idea He thought that loans oi $1000 to 51500 would increase in number since the report proposes to in crease the interest rate ior this bracket The iisiancial lnsiitu lions would be more willing to lend money at rate higher than the present its step in the right direc tion conunented Fro ton code dtey wouldnt do vulge the site oi their colds Examiner Photo nkers Laud Interest Rate Ihctw also held by Ralph Franklin manager at the Bank oi Mon teal downtown branch Canada lrustJluron and Erie branch manager Diggle cautioned that the adoption oi the report would mean complete refinancing since the govern ment bonds would be greatly aiiected These hoods carry low interest rate and would be coma less attractive to banks it they could handle mortgages dont thinls they will deitiy take the plug out and put their money into mortgages he said He noted that banks would benelit more titan any UIIAWA sped Dredging may not be the answer to the solution at low water levels in the Great Lairof ares Public Works hlianter Desoltai telnta said in IheHouse oi Com mono its said his deparunnti bu has laced with nut wooed to increase ia the areas affected plrti in the Lake 31 wtii th item was etlc to these redness dred was ailen not prac ticIl tattoo partlcniari when whari design is based on nor mal sister lavelr He said in casudreds Ing would cause collapse size whari iacillty or the elevalion oi the whari might be such that greater depth oi dredging would render it practically site Mr Deschatelets said thats only dredging but also coop lets replacement or modliic ion oi wheri iadlitl iA new agreement was an nounced today under which em ployees oi Plastomer limited will receive package wage in crease in excess of 11s cents an hour overltwo years The contract was signed by oliiclals oi the company and Lo cal 722 United Rubber Cork Linoleum and Plastic Workers oi America The changa in the previous contract involve seniority clauses grievaan cedurc management rights star tory holidays and Jury duty pay The agreement gives double time ior Sunday work Shiit premium pay waslncreased to nine cents per hour ior alter practlcal solution involves not Piastonterilhmployeies T6 Get AcrosaTheéBoard Pay Boost The ntinlstcr said he was now receiving field iotorrnation on harbors with rm to loot tion where additonal dredging would prove ciiectlve He pro pose to present these dredgini project to the moot ofl as emergency ears as priority protects Parry Souod blurhob MP Gordon Aiken who tion with Dr ltyoard Ind Heber Smith We ior East and North has been active in pressing ior sane alleviation oi the problem commentd that what is required in many cases It knowr7 necrot plat iorltt on government wharis have written to the trtin ister to urge consideration of this in cases where water levels are three or tour ieet below the top at the wind Mr Aiken said The situation has be come dangerotn la number oi places and have been advised that ooentan almost drowned last week when he tell into the water at Point an Berti while noon work and it cents ior nights Titere will he sevencent per hour increase acrossthevboard retroactive to April and further seven cents April 1965 Machine operators will reach their top rate within 24week period The company is to pay hall the cost oi the Ontario Hospital Services Plan the first year and the all cost as at April 1065 The settlement was reached alter the chairman ot the Con ciliation Board Richard Geddes tryingtosetlooroutoibtl boatirem whorl greatness steam The warm snnthhe and brim spring ilwera brought the cost tomes ont earlyvthla morning with prices remaining about the same Geranium hrougbtoaaodflo each with bundles oi daiiodils also oliered Artificial floral arrangements were 3150 to $125 lresh eggs were 60¢ doseo ior medium tsc ior large and Sue ior extra large Boiling iowl were scarce at $1 each ed by John Sanderson Toronto Julius Schuck pmtdent ot Plas tomer Ltd Arnold Schu plant superintendent Edw For maintenance iorernant Monty Barnes secretmYtrea surer John Krasonowsitl iorelt man and tor the Union Regin ald Forbu President Local Sam Pools vicepresident Fred erick Poooes treasurer and William Punnett international representative oi Toronto we need roorrti SALE FURNiTUltE Our complete stock at Floor Samples and trade ins will go at your pncel instntcted the parties to hold turther meeting in an eiiort to resolve the problems Negotiations were conductt lEVIIS wrotem as Collier St 7183101 195 mill WWW diaries However he added that the mortgage ileid ser manager oi the Royal Bank 9159 92017 equal to 60 per share as compared with net earnings at $601111 or 79 per share tor the 1062 tiscal year Total sales amounted to 3131321170 as compared with $14217381 ior the 1962 iiscal year In the 1003 Annual Report the Com any said reduced hog market rigs and an acute situation in beei prices dcpNssed earnings in the meat packing divisions nob Limited The Com pany reports that ior the iiscal aarendin net eamlngs amounted to 51004 150 or $135 per share as com pared with 3775140 or 05 cents per share ior the previous iiscal year ended January 10 106 Total sales ior 1004 iiscal year January 25 1964 with increased premium rates it is expected that the subsi diary insurance companies will have greatly improved results in 1964 Claude Matting Co Ltd Net earnings ior the iiscal year end ed Deoentber 31 1063 amounted to 31035304 or $120 per share as compared with 31301003 or $1511 per share ior the previous iiscal year Clalrtmla Sound Corporation Limited Net eamlngs tor the fiscal year ended January WWmoficwuldbeimow cents per share as compared with 352000 or 44 cents per share tor the 1961 iiscal year Burns and Co Limited Alex SHOT IN ARM Real Estate Broker Harold Forster tell that the thawing oi the banks interest rate would give the lending industry shot in the arm The entry oi banks into the mortgage loan iicld he thought would be heneticisl to the public especially topeople paying excessive rates ior se cond mortgages its time the Canadian government looked at interest rates he said Another broker Coutts saidthe real estate business more money were available or borrowers He felt that interest rates would probably be reduc ed This could have an eliect on the house building industry he miottnhiELiL ander Hill spokesman ior on Duolop Street He said that banks would probably accept mortgages on existing homes and also that the homebuild1ng industry would be assisted Tha lilting oi the bank loan rate ceil ing he said is long overdue All we want is lair rate of return he said Heielt the report came at snopportunc time He ielt the loans to the ublic would not be greatly aia ected since the banks were now able to satisiythe demand STIMULATE Nutter Bank of Nova Wham that the lower rates would stimulate borrowing He said that the pro sals oi the report It adopted could prove oi eat assistance to the economy This view was National House Builders As sociation President Al ander oi Barrie said that is association had mixed tectlnga regarding the recommendations directed to the residential hous ing market The NHBA is in accord with the iréeing oi the NM interest rate he said The ortliicial ing oi the rate now six and quarter per cent tended to cut oil mortgage iioanca at times be stated This he continued complet ely disrupted the normal pro gress oi the industry at times Wmfitdiificthorthk builder to plan his program over year in manner which would achieve the greatest eiiiclency and consequently the lowest housing costs tor the aoosurneri were $140306 as compared with 0101571754 ior the com parable period lart year Alberta Dlltllich Limited it is expected that National Dis tillers and Chemical Corp New York will make iorrnal otter later this week to purchAsa d1 the outstanding voting trust and common shares oi Alberta Dis tillers Ltd at Canadian per share At the end oi February this year there were 2340015 voting trust and 1252100 com mon shares outstanding McConville Comptroller oi Al berta Distillers says he believes most oi tlte companys directors will iavour acceptance at the oiier At the last report there were also 349750 common shor es reserved for exercise oi share purchase warrants The warrants are exercisable at $025 parabola on or beiore Febru 1060 Mr Dell Vice Chemical Corp said his company wants all the outstand int shares but has not decided whether to acquire tbs 310750 shares and option at $615 to warrantholds Fine Point Miner united Shareholders oi Pine Point Minv es Limited at apecielmeeta ingtobeheid April 15 1004 ill be asked to approve an tottering oi debentures and cap ital stock to finance the Com W10 the production stage An oiienng will be made oi ite bentitres to the aggregate amount at 5221004410 and 295 552 shares in units consisting at 53011 ptincrpal amount oizd per cent dabeoblres and shares oi collusion stock at $300 perunit not within given the right to the group whiclt last month made an oiier ior 300000 shares oi Burns and Coltd said more than 300000 shares have been received and thatallshares deposited to date will be taken up The oiier whichls now closed was originally one iirst come firstserved basis Mir Hill did not disclose the canal number of shares receivedby the bidding group which oiier ed $1125 share tor the 300 000 shares Maple Deli Mills United The Company reports unauditedcon solidate net earning ior the six months ended January 31 1064 amounted to $1590690 equal to 09 per conunon share as com parcd with $895440 or 55 cents per share in the comparable period last year Mac Lachlan President said the out look ior the remaining hali con tinues to look encouraging al though increasing domestic price competition may influence the final results The improvement in earnings ior the six months angle Jalnuarytit 1364 resulted rotn man or export flour to till the Russian hmle in 1W Gm order together with better mm 31 PM my in ditioas in the domestic market Wmm lm hm Pram tidlvte Flour Mills Co Ltd mu Which mum weather in Quebec ior several Net earnings for thestx months any has been advancing slowly ended February 101966 amoun wde 1nd wxur proban ted to ttaaosss equal to 14 cents per share as compared with net Mafia earnings of season or cents per share tor the six months maul min or that tern ratdresu ended February is 1953 Lake Chris Lake earningf 13ng investment lei Lake Huron 49°th conic asjcompar wltlt manna the tooaioss periodbut excludes $707 proiit tom the sets of Hayes meats Profit iromrtha eale suitor beiot one unit ior each investments inthe dz1003 per soar held tlterigttts to iod momentum Bliltltli mastication Balmy Temperatures Clectr Sky Forecast Hamliton Toronto Variable doudiness tonight Mainly sunny Sunday seasonable tem peraturesWindIl east 10 to 15 Niagara artlalclearing this aiternoon ainly sunny Sun day tfinds east 10 to 15 Haliburton Timagami Coch raoe A1goma White River North Sudbury Partial clearing this attornoon Mainly sunny Sunday Not much change in temperature Winds east 10 to 15 Forecast temperatures Low tonight High Sunday Windsor 45 65 St Thomas London Kitchener Mount Forest Winghairi Hamilton St Catharinel Tomntp Peterborough Trenton Ktlialoe Mtiskolta nurmaay so OBITUARY COOK The iuoeral of Wiimot George Cook tormerly oi Craighorst was held Aprild at the chapel of Roy Mfllors Toronto The service was conducted by Rev Bert Thomas at Thornhfll Burial was inSanctuary Farlc Cemetery Toronto lalibearers were John Gilles pie Alex WhicitlamJoho Wood and George Hardy Mr Cook is survived by his wtia Aims and daughters Mra Mariory Gtioiniere and Mrs Marion Hodgson siatms Mrs Agnes Gillespie and Mrs Bertha whicldanioi Barrie and eight grandchildren ititussasiiouss raorsolos Fine sunny weather is in pros pect tor Simone County over the weekend The gradual trend towards clearing skies appears likely to continue Overnight The Examiner thermometer touched law oi 42 By noon today the reading was 58 with prospects oi much higher temperature later in the av Forecasts issued by the Tor onto weather oiiice at 530 am synopsis The gradual trend toward clearing skies and lower senescence suraeius stoiNGsuratissttiairsow 101 lNDUSiitiAl aoan atonwaviiaoura narrate