Ontario Community Newspapers

The Oshawa Times, 17 Mar 1960, p. 22

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ooh J 0 ah ov ah JU Len Jie den dn ao BU EE IE EE TE Sarasota, who will be vice-presi dent in charge of advertising and public relations. Roy Greene of Sarasota, president Greene Macksey Corp., builder of all price range homes, will be a Minerals Corporation officer in charge of all building activities. 22 THE OSHAWA TIMES, Thursdey, Merch 17, 1960 "T 4 5 I M Kk L i' Exch MINERALS CORPORATION ays Stoc t Listings on Toronto Exchange ocay are gs 7c X gé | Group Buys wp 7 Florida Land By The Canadian Press 4 LL Lac the of perf, oil and Toronto Stock Exchange--March 17 (Quotations in cents unléss marked §. #-0dd lot, xd -- PExdividend, xr--Ex- rights, xw---Ex-warrants.) INDUSTRIALS Net sulphur interests, After this aec- Stock Bales High Low 11 am. CWge quisition, representing a $10,000, Abitibi 95 336% WU WU -- WU 000 transaction the eompany will Agnew $ 100 $18 10% 18% -- % 2ontinue in the expansion of] Alts Dis wis 200 85 85 8 minerals and chemicals, but will Alg Cen 100 $17% 17% 17% also be engaged in the develop- Algoms 1690 $33 32% 3B + ment and sale of Florida west Alumint 2% ¥% coast real estate as one of its Alum 1 pr 819% 19% primary interests. Lo Am " po The Macksey Corporation, for Bank 40 years engaged in the devel. opment and sale of homes in West Coast Florida and Detroit areas, has mumerous holdings in and near Sarasota. The inter- ests involved in today's transac- tion range from ulfra-exclusive properties fo popular priced, moderate income Homes and Amalgamation Meet Adjourned "::... the developments ] ; ac. ST. CATHARINES (CP) -- An Ouired by Minerals Corporation H. R. MACDONALD, F.C.A. amalgamation hearing was sud-|3T®: Coun ny and pt Py ad-| 1.--Emerald Hachors, 108 tts], The, Public Accountants Ca neil journed Wegnesday when on Longboat Key, Sarasota, in|, .ec the election of Mr. HM, R. chairman of the Ontario Munic-|{the $15,000 to $30,000 elass, |Macdonald, F.C.A., of Teronto, as ipal Board was told a plebiscite] 2.--Rive Dale subdivision, 1320 its President to succeed Mr. D. F. on the amalgamation issue was|lots in Bradenton, Fla., with|McKechnie, C.P.A, of Ottawa. set for Port Dalhousie March 28, [homes in the $12,000 fo $18,000(Other officers elected were Vice- ¥ AE pplication for the union of range, | President, Mr. G. B. Nagonuis t. Catharines, Grantham Town- : IC.P.A.; Secretary, Mr. A : . 3.--Brentwood subdivision, 250 ; thi, Merlo nd Fir Dk wh mas n Saresl, 1 Aer CA Tiger in a tearing for the last seven|?10,:000 to $12,000 class. Toronto, dhlamny 4 --Paradise Acres, 2200 lots|'°ronto. days, on highway 301, between Tampa| The Council draws to the ot et Sales High Lew 11 a.m. £55 High Low 11 a.m. Ch'ge Hd Bh TW 20% 20% Stock St Pav Steel Can Steinbg A Tancord Mock Sales High Low 11 a.m. Oh'ge Creative Tel 1725 su un Crow's N 30 316% 1% Crush Int 00 8% 8% $443 4% $7% A TH + HB $13 13 $46 $14 5 $53 $52 $20% $ldle $424 54 Su $9% g 3 § 3 Nev Stock Sales High Low 11 a.m. Ch'ge Advocate 700 320 2000 38% $10% 3% Tt | + 32 320 5 38% 8% +B 10% 10% + % 54 -1 By 12% 10 10 41 M1 13% 13% 8 8 0 10 5 53 ®s © 9 % 8% SUN 1% 1% He 110 110 NK 3K NK 55 55 4 5% 5% 49% 49% 1% 52% 52% u u Hh H% NU B%---P 9% Texaco Can Tor-Dom Bk In a joint t made today by Conrad N. Normann, president of Minerals Corpora- tion of America, and Tom and Harry Macksey, president. and chairman of the Board of the Macksey Company, an #agree- ment has been reached whereby the Minerals Corporation will ac- quire all the Macksey land prop- erties in Florida, Principals of the Macksey Company wili be active in Min- erals Corporation Management. In the past, the Minerals Cor- poration has been engaged in 912% 10 -% 41 13% 8 EES HH Sansui , 2feernzufens., $ » 14 53 2 20% 14% -- % 42% 1% Bh --~W 11% "% - 13 56% 33% -- BH 2 4 15 15 34% 3M% -- % 300 300 * +10 16% 16% ---% saws. dou H % » aE Mont Orchan Pato Peerless Preston Quemont Reeves Rexspar Roche San Ant Sand Riv Sherritt tanleigh tanigh wis Starratt Steep R Am Leduc Bailey § A Britalta Cal Ed Ca vet 100 MB and PR 951 $15% Mass-F 1576 Mass-F 8% p z10 Moore 135 N St Car 10 Nia Wire B #25 North Star 75 83 N- Sv pr 50 N Star F +l + F BRIEF % 161 $15% h{ + 155 Geto Mines 15% Gnt Maset Grandue Gulch Gunnar 465 Gunnar wis 4920 Hollinger z150 60 300 15% 775 2% 26 400 107 1071 +2 000 10 9% 9% $ 24% 24 2414 £2} $242 24% 2% $45% 45% 45% 8% 8 8 +1 $95% 95% 95% + % 125 125 125 3 C Pack B --- % Can Perm Can Wire B dn Baks C Bank Com 300 $5 Cdn Brew rt 1789 CBAL A wis 125 C Cel 175 pr 225 600 C Chem & C Collieries 335 100 L00 $M z15 : 9 9 Royal Bank 768 7 StL Corp St Maurice SaladapS Salada wis Shawin Simpsons s¥renpistetassusads.sfeny 81 132 $11 un u $10% 10% 10% S2% 12% 13% ® 449 » - » §7 wt 200 ers 00 he Pembina y 200 200 3200 $11% 11% 11% M0 25 WS 3 350 13% 860 000 415 15 123 160 68 141 128 133 Ventures Violam Waite Am 8 38 114 112 13 13 $20% "20% Willroy 215 180 2 + Yk Bear 56 44 Yukeno Zenmae 2000 Sales to 11 am.: CE) 100 1400 100 3000 Jonsmith Kerr Add Kilembe 11400 Kilem C wits 7400 Labrador 150 L Shore 10 & +1 -3 -- --4 +2 3825938832, it 50 Gas pr 230 $ Con Gas vt a Cdn Wall B 225 $2%6% 26% 95 $28% 28% 2% 4 4 4 2% NK AH ~% 377,000. 35 W Decalta EXPERTS DISAGREE Uranium Report will be only the very small total' of 250 tons for the 200,000 kilo-| watt Kincardine plant, | The US. and France, two of | the major nuclear powers, have Sufficient supplies within their own borders to meet their own tra," said Mrs. Newman, "since Yee . Deadline Extension .i;..c Greats aoproved fhe Asked By Toronto |*ic'e prosram. Mrs. Newman said the govern- TORONTO (CP) -- More than ment decision will also cost Tor- 500 men will be deprived of a onto taxpayers hundreds of thou- sands of dollars in contract com- 'Ottawa River Span Meeting Planned OTTAWA (CP)--Prime Minis- !ter Diefenbaker said Wednesday he has proposed a meeting early Chairman J. A. Kennedy said| tie would have to call off the hear-| ad. Sarasota, at $700 to $1,000 ing because it was possible Port|(for lots only), Dalhousie's position might change| Seventy-five percent of all lots from support to opposition. are waterfront locations. The hearing had been sched-| Tom Macksey will be president uled to be adjourned later Wed-|of Minerals Corporation and nesday until April 26 because the Harry Macksey will be chairman board is unable to fit it into its|of the Board. Other officers of tention of the public that all those who practise as public accountants in Ontario must be licensed under the Public Accountancy Act (On- tario) 1950, and must observe the Code of Professibnal Ethies laid down by the Council. Any infor mation regarding these matters and the penalties for non-observ- needs. Britain will be the biggest month's work by a federal gov- cuslomer and stiff competition|ernment decision mot to extend will come from the lower-priced|the Toronto winter works pro- products of South Africa and Aus-|gram beyond April 30, Controller tralia. Euratom demands are ex-|Jean Newman said Wednesday. pected fo be met largely by| "The extension wouldn't cost France and fhe Belgian Congo. [the government one penny ex- in April concerning construction of a third bridge across the Ot- tawa River between the eapital and Hull, Que. He was replying to a Commons question from James W. Baskin (PC--Renfrew South). mitments. She said the decision, handed down in a letter from Labor Min- ister Starr, will throw 530 parks department employees out of work and affeét the jobs of other men employed under subcontract. once of the Act ond Regulations Minerals Corporation will in- schedule, i er may be obtained from Mr, C Mr. Kennedy said the worst/clude George Abramson of Pitts- A - that can happen as far as Grant- burgh and Miami who will be Doughty, Ze sever a ikie ham and St. Catharines are con-|vice-president in charge of a [I he en 32 2 Blonr cerned would be that the hear-|ordination of business activities|g, op East, Toronto 5, Ontario, ing would have to start again. land Charles W. Broun, Jr., of ' ' 4 'Too Optimistic' OTTAWA (Special Fxperision tons in 1966 and 47,000 tons of the federal government don't'hy 1970." agree with an optimistic report| These figures on the future for uranium t| out by the Ontario provincial de. follow elosely |those of the Clarkson report but partment [the totally different attitudes js 3 7 [taken by Ottawa and the Ontario The Ontario Department of government appear to have been Economics report foresaw ura nium demand catching up supply Zrived b, DHvugi different ne] y 1966 mi Mr # | Accepting the forecast of al his was the most hopeful fore: | market of 39,000 tons of uranium | cast of recent years. {by 1966 (it is currently around But the federal government's|42000 tons but will drop because | experts stand by a statement by|of slackening military demand) | Trade Minister Gordon Church-|then it should be pointed out that ill, made in the Commons last/free world countries, excluding month, that "by 1970 it is ex-|Canada, can easily supply be- pected by people who are pring 30,000 and 35,000 tons of | in this field that world supply|this demand. This would leave will be just under projected between 9000 and 4000 for Can. world demand. ada, compared to our present] This viewpoint was supported output of 15,000 fons. by W. M. Gilchrist, president of Canada's most promising mar-| Eldorado, the government's re- kets, once U.S. contracts are ful-| fining and selling agency, in an filled, appear to be Britain and| interview with an Oshawa Times|Japan, with small amounts reporter. going to nations such as India, UNDULY OPTIMISTIC Germany, Italy and others which He called the Ontario w have research programs of their : Provit-| ,wn. Domestic requirements for clal report "unduly optimistic" | = 0 power stations by 1966 and said it contained "no new information or developments which could lead one to suppose the uranium market will improve appreciably earlier than as fore cast in the Clarkson report." The report he mentioned was that issued in mid-1959 by S. W. Clarkson, economist with Atomic Energy of Canada Limited The Clarkson report estimated {i that uranium supply would eon-|id tinue at its present rate of about | 43,000 tons a year and that de-| mand would not reach this figure, until 1968 Since then developments have tended to place this "meeting- point" of supply and demand still further away. New sources of uranium have been discovered in several areas of the world, mili- tary demand has been reduced by the moratorium on atomic | bomb tests (observed by all coun- tries except France), and sev wit eral large potential customers for uranium such as Britain and| Euratom -- a group of European countries -- have cut back their plans to develop nuclear power) and so reduced their potential de- mands for uranium PUZZLED EXPERTS One point about the Ontario report which has puzzled ob-| servers here is that it states "it is further estimated that world demand for uranium will be 39, AT TR Kelvinator Refrigerator Model K59J11 A Kelvinator Range Model KRM302Z Sturdy steel construction with fiberglass insulation. Here are just a few of the features: TUR TRS Recurface Pr OLD FURNITURE u ORMICa Don't discard that scratched and nicked | furniture. You can give it a beautiful new | Jong lasing Formica surface. All you need | is Formica Contact Bond Cement and simple tools. 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