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CAN'T VOTE IN BYELECTION ing a tour of the Birnaby- ; Commons. Erhart Regier has | Coquitlam federal riding near | resigned the seat and Mr. Vancouver which he hopes to | Douglas hopes to win it in a represent in the House of | byelection. They can't vote but New Democratic Party leader T. C. Douglas still seems to enjoy a talk with some children dur- _ Shock Therapy Aids Prosperous' Canada By FORBES RHUDE also finding a new spirit, though Canadian Press Business Editor) Still fumbling to find her own ~».,.| answer, ited, Toronto. | tide Gee te ag: Sho Many of the speakers havel Prof. Lyon said the "'shock| - advocated more over-all plan-|treatment" is beginning to reg- had to start all over again, 800 iogin.e. consortium' of gov-|ister on Canadians, a necessary Canada has been having it too} ernment, management and la-|preliminary to recovering their soft. . |bor, plus individual initiative) balance. Canadians must real- This appeared {o be the €s-| and willingness to 'ace the facts| ize there are some things they sence of -- hee isternational economic life. they Europe's challenge to Canada, at the summer conference of|/ONLY TAKE IDEAS : | the Canadian Institute on Pub-| Canadians were cautioned) gians were so impressed with lic Affairs. |that they w o't find " 1U-ltheir own prosperity and their Europe, it- was st ated,|tions in lavishly applying Euro- role in the United Nations that needed a new spirit to arise out|pean recines tc their own situa-| they didn't notice what was of the destruction of war, and/tions and traditions. Canada happening in Europe. this spirit continues, while Can-| should, it is stated, get what Hi ada has been able so far fojideas she can from Europe, but/'INWARD-LOOKING' continue largely along old ways|must find answers arising out which now are out of step. Eu- the chairman, A. W. Gillespie, vice-president, W. J. Gage Lim-| can't have when want them. For a while, he said, Cana- We now are so concerend of her own background and/about the consequences of our rope perhaps has become the/ circumstances, own incompetence that we have new world, and North America| Friday's speakers were Henry| become the most inward - look- the old. |A. Mhun, Montreal economist; ing country of the Western al- However, all is not dark fromjuniversity professor Peyton V. liance."" Cape Race to Nootka, it was|Lyon, J. C. Tupker, general! yyy Mhun said Canada should! indicated. Canada, responding Manager, Holland Life Isurance make a national inventory of to the challenge of Europe, is Society Limited, Toronto; and industries to produce a com- py ~~ "|plete picture of industrial a e strength. : P Rise Mr. Gillespie said Canadians Og Tices should not only accommodate themselves to change but - should initiate it. 'we must es 1 & oO era. change our attitude toward risk, ; work and saving, and find new alernatives."' OTTAWA (CP)--Devaluation It also said dollar devaluatioh, Mr. Tupker said "one too of- of the Canadian dollar has hadlis having little effect on fat Cat-/ten gets the impression that the some effect on hog prices but|tle prices because there is very} Canadians outlook is too provin- is not the major factor in ajlittle export and Virtually no] oja}." sharp price rise between March|import of fat cattle and beef at! and July, the agriculture de-| present. : 4 partment says. "The higher price of beef cat- Danger Rides 7 . A q m It also said in a statement|tle compared with the previous Friday that the slaughtering of/SPring can similarly be attrib- In Small Boats hogs 'nfected with hog cholera|Uted to the chain of events be- ionifi jgun in 1961 -- drought, higher) 'There are thousands of new has. had no significant effect on ; : b ad ; hog prices to date. feed prices, fewer cattl egoing) boats an inexperienced : ie feed prices, fewer cattle going) "drivers on the waterways this The department said Canada to market," the department) year, and our water accident is exporting and evcuag hang Rabb] PPT '| tollis spiralling at an unheard-of products to and from the United | . | Tate, says August Reader's States despite different values| H Eigen, il some bgp geri i i d ican cur-| ave found a way to com at -- ape demericns Coe | NET EARNINGS gs w= gin Do you know the ise in ho safety rules everyone Should pittog Selena Maou aon isl By THE CANADIAN PRESS | know to avoid tragedy this sum- followed the seasonal pattern rH Pacific Petroleums Lid., 6) age et ein ee light marketings in this Punt Boe baad abe eo a articles of lasting interest. DROUGHT BLAMED |----_~ eee ht SAEED eis The situafion this year was also influenced by the 1961 Prairie drought which reduced grain supplies. That led to! higher prices for livestock feeds | and ultimately to lower produc- Mitchell's Pharmacy tion and fewer hogs going to) market, particularly from West. | ern Canada. | The department said hog chol. | era slaughterings in Eastern| Canada will reduce marketings | for a time by about 1,000 head a| week, less than one per cent of | Saturday - 9 a.m. to 9 p.m. Sun., Aug. 5-12 noon to 6 p.m. Mon., Aug. 6-10 a.m. to 1 p.m. 6 p.m. to 9 p.m. Bond Trading Prices Steady By THE CANADIAN PRESS | There was little change evi- dent in bond prices this week and trading was light. Day-to-day money was avail-| able at five per cent. The 91-| day treasury bills sold at an average of 5.39 per cent com- pared with 5.47 last week and the 182-day bills at 5.62 per cent compared with 5.65 per cent. There was also a one-year treasury bill offered to mature} Aug. 2, 1963. These sold on an average yield of 5.69 per cent. There was a new issue of $2,811,113 County of York 5%4- per-cent and six-per-cent serial debentures. The six-per-cent is sues were priced to yield 6.35 per cent. There were no new provincial or corporate issues during the week. Prices on recent offerings showed good improvement with the Manitoba Hydro six-per. cent issue due 1982 and offered at $99.25 being quoted at $101- $101.25. LIMITED TELEPHONE 723-3431 9 SIMCOE ST.N Weekly Summary Of S$ By The Canadian Press Ad by 379 to 290 on the Toronto Stock Exchange this week. Issues un- ehanged totalled 161. Volume for the week was 10,267,898 shares, down from the previous week's 11,156,295. Total sales for the year to date are 471,210,733. (Quotations in cents unless marked $.) WEEK'S MOST ACTIVE TORONTO STOCKS By The Canadian Press ------This Week------ -- 1962 Sales High Low Close Ch'ge High Low INDUSTRIALS $37 34% -" 364 +144 37 + 225% + 1% + Ve Mu 27% 244 19% $22% 22% $12 » 1 4% -- Majirans +1 Dev Pat 122223 116100 451700 413850 389107 261700 252231 Industrials A and B T794 $45% 44% 45 $24% 24% 24% 180 799 #79. fe. (44 $25% 24% 25% 41% 75$107 106 107 ----% 85 $103 102 '52 935 860 915 $18% 17% $20) 55 50 55. $35% 3344 34% 455 450 450 365 350 365 $5742 53% 57% 363% 61% 63% 350 30 =O H46% 45% 46% + 29Ve 51% 4794 2426 Bank Mont Bank NS Bartaco Bath Pow $49 48% 48 Pr 20 $102% 102% 1024. -- 600 $8 ™ 8 385 $21 20% 21 12 7™% Pow Can Cem Can Cem pr CD Sugar Can Foils A 49% 49% --- $50Y%e 50% 50% + % 62 6 ---% 9% 5 5050 1% 114--% 1050 $18%4 18% 18% j 105 55% 5% 5% + % Cdn Brew pr 625 $49% 49 49% + % Cdn Brew 24395 $§: %+% C Br Alum A 345 $9 9 9 +h CBAL A wts 3215 170 180 45 A 93 12% 13 +% 960 $30% 29% 294 $34 33% 33% -- % 260 Si% 7% h4----% 260 230 250 «+10 5% 54% 5%--% 2 7% 3 --2 Ss 8 39 8% 8% + % 37% 7 7% bel 2878 $12%4 12% 1244 % 900 415 400 405 $0052 $37 34% «361% 4.1% S5$10L 101 101 42% 5 $93 93 93 43 9 $22% 22% 22% + %S 215 $11% 11% 11% WS $34 % 24 11% 100 $21% 21% 21% + % 605 $17 16% 164 + % Cons Bidg wts 500 450 450 450 -40 Comb Ent 1280 $13% 12% 13% + % Conduits 240 $842 8% 84 - Con Baks 500 $7% 7% 7% Con M and §$ 7160 $19% 19 19% Con Gas 14468 $17 15% 16% + Ve Con Gas A 10 $105 105 105 Con Gas B 50 $106 106 106 . 105 $8% 8% 8% 5910 $39% 38% %% 705 $16% 16% 16% 2225 36% 6 6 700 10 10% - 325 1100 200 $ a 100 9 + 1265 t+ 1000 280 45 4270 A2%e + % 7205 $21 = 182 21 +2% 10 $105 105 351 Coronation Crain RL Dom Tar pr 1050 T $! 'ext 840 is 9 %-- % 808 $234 23% 23% 4 14 3185 $31% 31 315% 4 4 7 $10% 10 10% + 1% 730 $8% 8% 8% +% 170 $27 95 2 44 1403 $55% 54% 55%4 424 370 8 675 (95g ee a 30 $29 2) og gj 475 $10% 10 10%} 70 $44%4 44% 4414 150 $6 6 6 16% 17 4% 1775 918 (17% 1g 4 x 1575 700 675 700 4.59 350,384 8 8K 4% ce MN Me ee eG Se 4h 44% 42% 5214 441% 100 100 100 --5 305 100 16% 7% 350 125 FS 7ey 500 425 100 140 60 13% 14 + % 17% 13 313% 13 13% + igs 7% 124 $16% 16% 16% + 14 66544 ee ee om YY 345 20% 8800 1 5102 4 Weg = Gasvt398s Greyhnd 2080 $34 5 5 5% 325 $12% 12% 12% + % 180 $25 25 a5 % 10 +% 10 240 +100 405° 4) 107 $3 41 425 245 50 20 43 118 1 ' 39% 43% 13 3 Inland Gas 750 465 Inland Gas pr 220 $17% 1 Bronze pr Inter Min Int Nickel 67% 4.31 9 Int Uti : .. 64 ; 3359 $39% 38% 9% 41% yy 14 Stock Int Uti Kelly wis Labatt Lafarge A Lafarge wis Lakeland Maclaren A MB and PR M Leaf Mill Mass-F Mass-F pr Mass-F 514 MEPC Metro Stor Mid-West Milt Brick M Cont A olson A Molson B Molson pr Mon Foods Mon Knit Mont Loco Moore Nat Contain Nat Drug Nat Groc pr Nia Wire Nia Wire B Noranda NO NGas NQ Pow N Scotia LP Nor Nor Phone u Ocean Cem Ogilvie Ont Steel Ont Stores Oshawa A Overland pr Page-Hers Parker Phantom Revelstoke Revelstk pr Revenue pr R-Nodwell Rockower p Rollind A Rothmans St Maurice Salada-F Salada wts Sayvette Seot Yk pr Selkirk A Seven Arts Shawin Shawin A Shaw B pr Shaw A pr Shally's Sicks Silverwd A Simpsons SKD Mig Slater Steel Slat Stl pr Southam St Pav Stedman Steel Can Ster Tr S Propane Suptest ord Suptest om Suptest pr Switson Tamblyn 'Tancord Texaco © Tex C pr Tor Dm Tor Iron A Tor Star pr Towers Tower w TT Can A T Fin A TFin 5 Tr Can PL 'Trans Mt Trans PPI, Vendomatie Vulean Wainwr Walk GW Wat Equip Webb Knp Westcoast Westeei Westfair Westfair pr Weston A Weston B Wsn p 4% Wstn pr 6 West A wis White 1 pr Wood J A Ogilvie pr Price Br Thd CG Iny Zeller's Gas Acme P Bail S 5% pr Banff Bata Britalta Calalta Cal Ed Calvert Camerina © Dethi C x Gas Cc Ol Las CS Pete CChieftn Cdn Dey > High Cr Homestd [LL Pete > N West Cent Del Obarter Oil Com Pete © Dragon C East. Cr © Mic Mac C West Dev Pal Dome Pete Dynamic Fargo Glacier Gr Plains Home Oil A Home Oil B H B OU G long Point Majtrans 202150 Medal Phone w Bk Pete Sales High Low. Close Chge High Low 3359 $39% 288 350 360 I 100. 325 325 7 74 +&% 120 120 --5 950% 47% 50% +3% 9 9 9 $14% 14% 1444 % 260 250 260 --10 LteN 2479 $1244 12% 12% 16% 200 6 5 $ -1 ™m% 4 275 100 100 100 180 100 3080 235 225 225 ~5 280 220 3100 290 285 290 45 425 385 150 $9%~ 9% -- 1 50 $31 31 Sl o4+] 7 6 135. $154 154 1I--% 18% 1740 $13% 138% W%+% 26 - 25 320 © ® 22 65 $39 «639 «639 554 38 7175 $11% 10% ll + % 14% 7175 $11% 10% 1 + %& 4220 $12% 12 12%+% 19 950 $23 23 13104 $7% 72236 140-83 4575 224 400 125 3000 82 1710 $11% 500 $18%4 23017 $18% 2134 $12%4 12805 $11% 1 20 $100. 125 $105 600 175 1400 $7 5358 1300 460 175 300 210 +1 7 155 150 240 «225 $9% 9% $252 25% $25% $42 1800 $8% 8% 8% + % 100 $11% 11% 114+ % 630 $13% 13% 139% + % 8817 $45% 44% 45% +1% 725 500 485 490 $16% 16% UM 2% 13% 134+ % 12% 1%--% 2% 2% --% 15% 16% + % 23 2 -- %+% 2% ---- % 17605 285~ $29 200 600 235 19% 19% 41% 8% 8%. % 460 490 1855 275 § 8 $154 15% 15% + $55 51 55 +4 215 200 200 485 465 +20 $424 42 80 6S $7% $4847 430 430 430 45 Ye 19%: 19% - 20% 20% + % 54 54+% 10% 10% + % 9 8% 9 + 9% 450 "% 15% 14% Ye 62% 42 320 «(175 8% 440 9 1s 13 100 13 =6«67 18% 10% 1250 «450 500 400 Sl 504 ~25 550 395 10% 10%--% 13 s 9583 $23% 21% 22% 36' 100 $23% 23% 23% + % 30 $44% 44% 44% 160 $4) +6 1% +% 525 +20 410 --J10 7 21470 $11% 11 1035 525 500 410 51 SL 405 410 " +1 505 $11% 11% 11% + 2111 $26% 255% 26% $12% 11% 12% + % S174 16% 1744 % $42% 42% 42% 41% $19 17% 19 41% 17% 17% 13 410 410 410 --15 430° 285 96 y $! 96 1 102 (9%. 135. 135 170 T to Z $16% 16% 16%--% 21% 200 200 200 200 +25 215 1247 $44 42% 431% 120 $86 86) 86 2666 $54% 52% 54 4 % 100 $134 138% 13% 41% 50 $58% 58% 58% -- % 1025 $6 5% 300 100 25928 96 135 135 15% 155 200 10647 8873 2600 25 125 410 270 $18 20% 16% 4 $23 23 328% 28% Oils A and B 3000 «11% 11% 1% 2505 49 48 49 t 2310 178 = 175 11500 5 4 2000 224 38000 6000 a 5000 1325 4100 6000 7 54% 7 1 300 216 216 216 4x C and D 5600 16 15 16 5010 $23% 21% 23% 4 4500 19 19 - 200 4 7% 3 9 9 39 1 28600 1950 1000 4500 2453 25 25 10% IL 610 610 4 84 260 148006 6 2160 $11% 11 5000 25 = 20% LY + % 22%4-- 4 5150 41500 820 5596 312 2289 19000 10526 2% 229 «(215 20 3% 2 & Stock * Mideon pang Nat Pete N Cont 7 Davies a ore: - Begedug? 35 '3 1% 1% 13 tes Gs8isi2 sxe hs s 935832253 Stanwell 'Tidal Trans Can 3 Sedce¥gsisze? Curb Dalhousie Abacus Acad Uran Advocate sak 19% 106 > 730 625725. > 33 OC THE OSHAWA TIMES, Seturdey, August 4, 1962 7 Stock $85 ,2 *seeSaeke se Scburconeed sse8isedeessieegce BB 3 &s 5500. 8 8 ss 2123 «11% 11% 114 -- 200 4 4 4 43710 357-3848 11475 189170 185 +9 +7 4713 10% 10 10% % 16500 7 o 5%---1 27700 11 128000 14 5000 6 8000 43 3818 720 3493 (32 2330 310 3113 = 8 8 12127 415 390 415 360 $16% 15 6950 180 165 21000 «=6 8000 90 7350 35 13 8% 8 $25 Ue 2% 10% 9 9 ae $124 11% 12% 6% 26% Ha f] H of Lake Headway Heath High Bell 7887 239 215 215 16% + % 175 +5 +10 a +5 1 --l% +" 1 1 38 205 Yukon Con tock Market Activity Sales High Low Close Ch'ge High Low § i = 8 + * Susnteee? }+ sed, = +}+ : Ba E-* SsSbiexgby ssseeyeks = $F petscats = Skew Fa ib 2bu.gsse. . + - $ &83=3s sosBesuce- ESske so28.Bspe : 22°, #38s8x Bonk. ; e_ leee "stz Liz Su 08S s 838508 _couk. Bese. oBaebS8eSy Bs .g3ee Soot ,-Eey es SEak38 = Seeuekgiey zSguestcScuc.ss... an St 3 by Se eobauss 835s. 28s suteobeuy eagle -Seg.b8 Beko _ = toy -- = BSegcecenests,, t= 8 8 a + 18% 17% 17% + 6 5 5% +1 SSS sbGsséeBeug. Stn08 = Se8.Ss8sBepes = ssz.85 Goverment Drops trams WASHINGTON (AP) -- West- inghouse Electric Corp. has agreed to refrain from partici- pating in arrangements to res. trict the export of radio and television sets to Canada, the U.S. justice department an- nounced, A department spokes man said Friday a proposed consent judgment was filed in U.S, fed- eral court in New York. The agreement ends Westinghouse's role in a civil anti - trust suit which the government filed in 1958 against that firm, the, N.V. Philips Gloeilampen .Fabrieken and General Electric Co. = Anti-Trust Suit Philips, a Netherlands firm, agreed to a similar consent judgment May 24, The suit against General Electric is pending. NO RESTRICTIONS Under terms of the consent judgment, the justice depart- ment said, Westinghouse agreed not to enter any agree- ments which might restrict the export of radio and television sets from the United States to Canada. It also agreed its for- eign subsidiaries would not be ordered to enter such an agree- ment.. The government charged that By THE CANADIAN PRESS International Utilities Corp., common 40 cents Canadian funds; $2.00 convertible pfd., 50 cents U.S. funds; both payable Aug. 31, record Aug. 15. Revelstoke Building Materials |Lid., 6 per cent pfd. 30 cents, Sept. 1, record Aug, 15, Standard Radio Lid, new common 5 cents, Oct. 10, record Sept. 20. the three firms had tied up Canadian rights to manufacture radio and television sets, through a patent pool which en- abled them to control patents and refuse to allow U:S. manu- facturers to export to Canada. :