Ontario Community Newspapers

Barrie Examiner, 24 Mar 1960, p. 6

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Plan $182 Million Program For Far North Qnt POwer TORONTO sixyear power development program for Ontarios Iar north at cost at 5132000000 was announced today by Jellies Duncan chairman of the Ontario Hydro Electric Power Commission strttction schedules overlap wuuidsealredtocatlyvaenem possible Tbework cm or the am station at pus construction Mr Duncan said the program would include construction at three new generating stations along lsmile stretch oi the Maltagami River north or Kapus kasing and erection of North Americas first major 460000vnu transmission line Work on the southernmost sta tion at Little Dong Rapids about 40 miles north oi Kapuskasiag will begin this spring and is scheduled to be completed by the winter at 1963 with tentative initial capacity at 114000 kilolt watts second station downriver at Upper Long Rapids will be ready by 1965 with an expected initial capacity of 110000 kilowatts The third station at Dower Long Rapids still iurther down stream towards Janie Bay wiu have initial capacity at 181000 JAMES DUNCAN kilowatts and is expected to be in operation by the winter at 1966 Mr Duncan said tradesmen tor the three projectswhose coalt 5000 Canadian UniOn Members May Break From Brotherhood TORONTO tCPihe Interna tionai Brotherhood oi Locomotive Firemen and Enginemen movf lose 5000 Canadian members it doesnt agree to allow separ ato Canadian division within the union No Canadian executives at the union Wednesday night an nounced the issuance at on ulti matum tor separate division or the breakaway oi the Canadian members The lnlemntional union is uitiii ated with the Canadian Labor Congress Briabin chairman oi the general grievance committee for the brotherhoods control region said Wednesday night that only one of 21 central locals tailed to support the breakaway move in vote he conducted Ha said it the international union didnt agree to separate Canadian union it would loss 000 Cansdan members He said Roy Mchilum general chairman oi the western region would issue similar statement in Winnipeg today backed by solid vote in the 12 brotherhoods under his jurisdiction The east ern region has reiusod to back the move Mr Brisbln said he and Adair secretarytreasurer oi the general grievanco committee de cided to issue the ultimatum alter international president Gil bert refused to listen to their re quest iar separate Canadian di vision West and central Canadian members eel their money is not giving them the return in service that thayshouid receivehe said Members pay $125 month to support local union expenditures and $410 tor international union expenses srocx MARKET Westngils Dull TORONTO CWWestern oils were the only dull spat attracting continued brighter today on the stock market The 11 am voluino of 460000 was higher than the 355000 shares traded at the sometime Wednesday In industrials Canadian Tire showed the way with gain at six points at 180 ads sale oi in shares Algoma Steel Cockshutt and Moore Corporation all lost Vi at 3316 Add 39 Light trading tipped mines on the winning side Kollinger put on 94 at 28 and Steep Rock gained it at 10 Advocate was up live cents at $825 In senior uraniums Algom lost Vs at 12 while Gunner was shead live cents at $835 On Wednesday industrials en joyed one of their better days Index changes Industriais up 406 at 49160 golds off 82 at 8931 base metals up 43 at 151 western oils up 11 at 10085 Voiumewas 1475000 shares compared with Tuesday 1710 000 Dominioa Stores and Great Lakes Paper veleup at 50 and 86 Moore Corp increased at 39 Steel Co oi Canada and Walker Gooderham were up point at 73 and 30 and Alu minium Ltd gained at 3004 Peoples Credit Jewellers dropped three points at 19 while Malsans was down 17 at 21 Burlington Steel dipped to at Jarl Cassiar and Norandu gained 14 at 12 and 40 while Hollinger was oii at at rats and Quemont dipped ii at 10 Consolidated Denisnn gained 50 at 10 and Gunnar improved five cents at $835 Algomwas unchanged Oils had an active day with Central del Rio gaining cents at $530 Canadian Husky was up ascents at $0 and Hudsons Bay out at at 12 Bailey Selbum last five cents at $700 and Calgary Edmonton was oil ill at 20 and Edmonton was off 14 at 20 TODAYS STOCK PRICES Compiled at noon by Asbestos Abttlbi rarel Aicumn Stasl Aluminum Ltd am Alsertn Gas Aunr$tsei as of Montreal so Bank of INS Bell Tel Co on Power 35 Dil mm Gt Lakes Gat row Hasdoe Farms mil lot it on ay new Imp Tobacco Tux on In AMBDC Inter Nickel Tnterprov Pipe Jockey Club DDth PHI nine Powell ntv 15 32 as or can 491 cdn areweriu out can 23 Canudn Ccment 20 Can chemical in can Curt 200 ounudinn on 21 Can min Sm was an sr Famous Play Flynn 11 Collier so Barrie INDUSTRIAL MconPaper 3M Consumers Gal as 50 13 201a Massey Fara Noranda Oat Moore Co Pacific Pet Emilee as Roe Royal Bank at Law Co slilndn Shirrl sun ions Sta as Can Stetnberg Tor am Bk rrinnrnn Pips Traders rin Texaco Union ans WDier csw av 103 11 as iiiii 9m 57 gig alumna Can his 50 Camp chip as Can Del Rio no can North 44 Coins Donison 10in Con Morrison Con Hair 55 Daragon Sullle Gena Gunnar as Rollins Lannqlia Falconbri unit KerrAdams Miriam at 29 id 835 28 2132 330 New Boson Cnidstream Dpunlska Queniont VShcr Gordnu Steep Rock United Oil Waite Amulet viltscv nva wosr semi limia AND Trans Mountain Pipe hen Addison can nip csfilzi on Shawlrllzsn Water centl minis May as ex dividend DIVIDEND nacmniiious Powel corclm cm May is air dividend April 12 snnwinisau Water payable Av nami it 110 TORONTOBTOCK EXCHANGE mpax Industrial up 11 Gold up Metals IP 31 W0Ill down 10 nowaomzb NEW YORK livBltaGss industrial up Roll up 35 Utilities up 00 HADKB or typical flhfl ra app to hinfl Ilrlzfi on Alli un oldirll or the 11 business 15 picture Meanwhile is expected unioniii will as mind by pm diction the Commerce Dept that national production at goods ind urvlces probably would come cum to record lesionurns lama rate at swaniluon in the Wmtguopagarcd Jargon Hilton rinsrurur last year cantiming mm toward easier money in also command encour aging to the inwutmhnt outlook Lowerrbona yinlau are he innln MIKAthml stock ylnl loo morn ntlrnctivl banningman Ct mmt action oi tiiu Canadian max at itflll most sarauiallna mam in 11 lrlterelt in natural iii liming 11¢ gradually aomtnr nickinto lvhrL New York dealers inblalscrs Elu¢gflrz lugs 1341 ratc an quartenngini dmp llull algal in illonl ttniéiwi isaxpectedJo in be laid Ontario Hydro is already build ing station at Otter Rapids on the Abitibi River which will be placed in service next year The tour stations will in total capacity estimated at 520 000 kilowatts by 1060 and may be upended to yield up to 1500000 over the next so years nsrsnamnos By THE CANADIAN PRESS Algama annual and nadiun Bay Railway Comaav rear ended Dec 31 1959 81323329 gig share 1958 $1695 Algonquin Building Credits Ltd year ended Dec 31 1959 $5605 61 cents share 1950 934417 80 cents Feraico IndustriesLtdi year ended Nov 30 1959 mm 1958 $3435 KerrAddison Gold MinuLtd year ended Dec 31 1059 85088 $663100 share 1035 711016 Okanagaa ilan Ltd year ended Dec 1050 $282 659 51 cents share 1950 $240 402 11 cents Unlnn Acceptance Corporation year ended Dec 1909 $401 088 1958 75101 IWgSfiMfiN myriad200 Ltd as Dunlap lit PA lufl THOUGHTS 0N ABIIIBI The latest report at Abitibl Powar and Paper gives good example oi how an investor may mislead himseli notes he keeps constant eye on and thing only net earnings Since the and of 1050 Abltibl has spent over 842 million in major expansions and moderni zation programs These include the installation high speed newsprint machine at Fort Wil liam and tha construction at now boardlniliat Alpetla Michi ERJL Despite all this earnings in 1059 were per cent below the 1950 level and the stock which foaryeara ago sold as high as Wg Is today Itlth around 35 The reasons or this in the words of the president are ris lag costs increased tax rates andthe chronic penalty on all exporters of the high remium on the Canadian Dollar Tho lesson for the investor while new capacity may lay the base for higher future earnings until such time as consolidation takespiace of sales production carrying charges and etc the investors divideat return may be deferred on the new capacity manmanuals sporty holdup men robbed DETROIT BlA couple IusMIalERl AND BUILDING mmmfiml£avmstm Waltera Unit film whammnediaawaits alumnamutilate SUPPLIES iniinnnnia wanna lliEl 00 it mass LEGS HARDWOOD fipared luv to Kun ls wide sanction of modern bl Illl tor buiidlnl that new not tabla or cabinet Mada clear birch with hull Irllv lveutno tips will not tlcnt the floor or carpet 35 PnFiahbad Mmflnnt 315 WJ 429 16 alum liin Ilhdfl EEII Infillpulp msxn that cablnnt ul hl°vrry modern and nut YOUR OLD CEILING STARTING T0 CRACK but will hat mud bolow mm $1 some 12113 mug and Iku Ind Montath SLIGKTLY SMOKE DAMAGED SUITABLE FOR PAINTING ti nouns in at can Mould It Con Mollie window Stool 20c Iloor and Window Sta ac smnosrn an ion Baseboard 14¢ pawl All Sisal Wool vcissr stnu oxen Welulu root Attila Int shell heavy coniclieu ea pieces completes ltl eQull clear lui man as thin Mr all wig $1675 anus No BRASS LOCKS BRASS HINGES ALLANDALE LUMBER EUKELCO Lrp Missal lzBealltihid will it your nihire together nndmenuw which will grow in simpoitanoa through the years Lei us help you select has diamond from 5111 choice collee $900 and engagement Itiont$500to RANGE GE FIVECYCLE FILTER FLQWASHER Wad NW System lely nondog Fitterpan Five Illtomatic wash cycles 1m WashnWesr Cyelu Deter gent Dispenser Water Saver for nail loads Choice at hot warm or cold wash water Cbolcsorwarmor coldslass water Lab at malch Illuminated Control Panel andDiai Poroglalatqnwsshbaket and ti Automatic control mie simple setting diver shuts off when dailies are dry Bi speed Automatic Drying System Air Fresllv alter Interior Light Waahlta4Weat Dewrink larDamp dryingzoltswotwaah cup unity illuminated control panel Nylon Iiint Irap Magnetic Door Latch Foot Pedal Door Opener Safety lieStart Switch With Porcelain Enamel top and drum TV LIST PRICE £45050 ALLOWANCE lsoao GECLOTHESCONDITIONING amR REGLIST PRICE $31900 $259 OUTSTANDING AUTOMATIC WASHER VALUE mtproved FilterFlo Washingsilstnnf pr improved rinsingsprayand deepactivating rlnsu Newly designed nonclog Filterpan Watar Saver Choice of hot warm or cold wash water Choice oi warm or cold rinse water Detergent Dispeiuer Largest cap acity Jllomiaated Scam Dial Porcelain tw washbasket and tub Suds Return NEW AUTOMATIC WASHER New improved rinsingspray and deep activated rinss choice at wash water Lamar capacity Porcelain top wash basltot and tub Warranty All models carry the oneyear written warranty plus addit ionai 4yearwarranty on medianlsm Automatic control adjusts drying timeaiid temperature Dryer shuts oil when clothes are dry iiispeed Automatic Drying System Automatic Deaninkler Damp drying illuminated Dial no lbs wet wash capacity Nylon Lint Trap Magnetic Door Latch Pomeiain Top and Drum Central Control Panel opaque glass bank spisslzer Thermostatic Calrod element Antomatlcsnriaca Grill Fiveheat Push button surface unit controls combination Oven andMinute iimer Nodrip coolrtop Lama oven and Iooused heat broiler Fullwidth storage drawer Dimensions Height floor to cooking surface 30 over all 47 Width 21 Depth WM GETOPQFLINEQJ cu The topdhhedina GE 97 cu ft Refrigerat or Magnolic Door Full Width 49 lb caplt aclty Freezer Full no Vegetable Crisp er FulJ Width Chiller Tray Three Shel ves one slide out StonADoor SIMle Adjustable Temperatlara and Dairost Con trols Butter Comparbmnt Egg Rack Aumtlolntaflvr Light am liisr Paton 539900 mos1N ALLOWANCE $0000 $309 savassoao REG 51 $29000 OUTSTANDING AUTOMATIC DRYER VALUE REGULAR LIST PRICE $21900 GE SUPER DELUXE TOPOFtINEZRANGE aria nisr rams $32000 mans1N ALLOWANCE $13000 i=1 REFRIGERATOR REGULAR Idsr PRICE sazoas mama1N ALLOWANCE $10000 222 coma 713 can REFRIGERATORFREEZER Comblnacloa ta oil it RetugeratorEroez Swingout Shelv AdJustable 35 cu ft VRollout Freezer Removable Adjustable poorShelves Swuigout Vegetable Crisp ers EggTray and Butter Conditioner Magnetic Doorl Foot Pedal Meat Con htainar Automatic Defrost nebigerator sac on ANorllERGREAr GE 21 TV MpoEl BEGUM LIST PRICE TRADEIN ALLOWANCE $13000 great moddi in set crystal pictures with Ilialike contrast Front mounted controls and speaker TOMMLIOI SoundForget Volume Control ExtraDark Safety Glass Widow Coahols gary as possible ocation tor refinery New raltnery tr unlit would manuinotura Emu and dom csIlc trials in the Alberta market Capacity would dependvon mlflmt In dovclnpmanta between now and um at construction Neablt Ltd antitank nsn PRICE 373000 TRADEIN ALLOWANCE $21000 115529 $30900

Powered by / Alimenté par VITA Toolkit
Privacy Policy