Ontario Community Newspapers

Oshawa Times (1958-), 21 Sep 1962, p. 13

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Prime Minister Deifenbaker and President Ayub Moham- mad Khan of Pakistan stroll- ed side by side from the air- PM WITH GUEST craft which brought them to Canada Thursday. Mr. Dief- enbaker is returning from the | London Prime Ministers' Con- | ference while President Khan is beginning a five-day state visit to Canada. --(CP Wirephoto) Submarine Deal Plan Shelved For Present OTTAWA (CP) -- Canada's posed submarine deal with Britain has been shelved, for the time being at least, defence officials said Thursday. No hope of reviving the scheme is foreseen during the eurrent fiscal year when de- fence expenditures are being reduced by $86,000,000 in line with the government's austerity program. Defence Minister Harkness announced April 11 that three Oberon class conventional sub- marines would be purchased from Britain 'subject to satis- factory completion of negotia- tions with the British govern- ment." The negotiations concerned an equipment swap. Canada wanted Britain to buy the Ca- nadian CL-44 cargo plane in re- turn for a $30,000,000 submarine order. Britain declined. AT STANDSTILL Since then, officials said, the matter has been at a standstill, It may figure in high-level talks here early next month when Sir Caspar John, Britain's first sea lord, visits Ottawa. Meanwhile, officials said two other major naval programs will go ahead as planned. One fs installation of landing | The other .program is con struction of eight missile-equip- ped frigates to replace rapidly tiring destroyers built during the Second World War. Construction is not scheduled to start in Canadian shipyards |until late next year and the first step will not be ready until some time in 1967. Cos 'of this pro- gram is estimated at a mini- }mum of $240,000,000. | Plans to install ship - to - air missiles on Canadian warships {now in service as a substitute | air defence provided by Banshee jet fighters have been OTTAWA (CP) --A tale of American Students in Russia staging nude _ performances, drunken orgies and ribald sing- songs in public was published Thursday in the Soviet news bulletin, issued by the Soviet embassy here. It carries the report as a re- print from the Sept, 9 Komsom- olskaya Pravda, a Communist youth newspaper, which entitled Active Trade On Cattle At Stockyar TORONTO (CP) --- Trading was active and prices strong to higher on all classes and grades of slaughter cattle with the ex- ception of the lower grades of heifers at the Ontario public stockyards this week. Good and choice veal calves traded on a steady basis on a light supply. Common and me- dium vealers and heavy rough calves made up the buik of the supply and sold at lower prices, Hog prices were higher. Lamb prices were weak to lower. Cattle receipts were some 700 head less than last week and about 1,000 head mere than the same week in 1961, Receipts from Western Canada num- bered 536 head of cattle, a de- 'crease under the last week of 65 head. Stock calf receipts to- talled 101 head. In addition to the Western receipts, 25 cattle and 12 calves were received from Nova Scotia. There were no cattle shipped to Eastern Ca- nadian siaughterers, however, one mixed load made up mostly of fat heifers and bulls was ex- ported to the United States. Slaughter cattle: Choice steers 29-30 with sales to 30.50 and a few fancy loads to 31.50; oods 28 - 29; mediums 24.50- 7.50; commons 20 - 24; good heifers 24-25; choice 26.50-27.50 with sales to 29.20; mediums 21- 23.50; commons 16-20; choice fed yearlings 28-32 with sales to 32; goods 25-27.50; good cows 17-18 with tops to 19; mediums 16-17; commons 15-16; canners |U.S. Student Orgies Cited In Red Bulletin its article Wild Men in the Ex- press Train. "Of course, among the 44 American university 'students there were some well - bred young men and women who he- haved quite correctly," the re- print says. "'But there were also quite enough of hooligans," Three of the students are identified as Rex Ross, George Discant and Salim Magdi. Ross and Discant, named as California university students, were said to have crouched nude beside the windows of their train compartment bang- ing on the windows to attract attention, THOUGHT LUNATICS Farmers along the way who saw them "'were all quite sure that it was a couple of lunaties| being transported to the mad- house." started drinking. After several rounds they quarrelled and chucked pillows at each other and banged on each other with shades from lamp tables. "Later two of the hooligans made up their minds to go out for a. breath of air at Mozhaisk but upon alighting from the car 'confused' the platform for the water closet. Others had the same delusion without sallying forth from the car at. all, ""As soon as the train pulled out the wild men tore off their clothes and chased girls." The student Magdi turning up "swinishly drunk" on a train where he "accosted Galya M., a girl conductress." "The girl sent him about his business with the result that the holligan spat in her face. "When the train chief inter- ceded, the drunk punched him TORONTO (CP) -- The stock market weakened Thursday as the industrial list took its most! severe pounding in two months. Widespread losses drove the ae list -- mye? than four points on index; base fall a- point. ; on Hardest hit was International Nickel -- listed on both the in- dustrial and base metals in- dexes. The stock dropped 2 5-8 t 062, Investors turned a disap. pointed eye on Gatineau Power and Shawinigan, following an- nouncement that Quebec Pre mier Jean Lesage has plans to nationalize certain provincial electric utilities if he is suecess- ful in-a November election, Gatineau slipped to 28--low- est price of 1962--hefor%e rising in the face, But it was only when to 28%, down 1%, Shawinigan THE OSHAWA TIMES, Fridey, September 21, 1962 13 Stock Market Weakens As Industrials Drop Off fell % amid moderatel: turnover, Most active industriel issue was Royalite Qil, showing a 68,- 00-share yolume--much of this coming in a special transaction in which 64,850 shares changed hands. at $15 net. The stock re- mained unchanged on the day, closing at 14%. Among base metals, S' Rock declined 20 cents toa toe low of $4,50. Falconbridge fall ly active KILL ONE ANOTHER BANGKOK, Thailand (Reut- ers) -- Six children were or- phaned when their parents-- married 20 years--killed each other in a gun duel here, police reported today, The mother and father exchanged shots after a row over "another woman," Among the other incidents it)/he picked up a tin-opener try- deceives: |ing to stab the train chief with U.S. students turning up at ajit that the hooligan was tied up Moscow railway station "roar-|and locked in a separate com- ing ribald ditties and holding fast to each other like sailors in heavy seas." In the train car, the guests from across the ocean again partment till sobered."" It reports a police sergeant who saw one of the incidents as saying: 'What can you do with! them? They're our guests." | BUSINESS SPOTLIGHT By GREG MacDONALD Canadian Press Staff Writer Every large Canadian city is in the real estate business whether by necessity, by acci- dent or as a result of a Parkin- sonian growth in civic activities that too often cross the border into competition with private en- terprise, says Tankoos Yarmon Ltd., Canadian realty firm. "Across the country," the company says in a newsletter, \the lines are being drawn for la series of battles with one thing jin common--practically no one agrees on the principles to be | Cities Claimed In Real Estate | ation Ltd. of Toronto announces) that it has formed with Suss-| man Realty Corporation Ltd., also of Toronto, a new company called Woodland Estates Ltd, The company will develop, construct and manage the Craigowan Garden Development| in Victoria. The development} consists of 161 two and three| bedroom homes in Victoria's| harbor area, The CPR has decided to redevelop part of its down- town Calgary property. First to be built is a transporta- established." "Many smaller cities encour-| age new industry as a result of platforms on destroyers t0)temporarily shelved, The. Ban- carry anti - submarine helicop-/ shee squadron is being dis- ters. Cost of this program is es-) handed at the end of this month, and cutters 11-15; good heavy|peing in the. land business--| bologna bulls 19-19.50; sales to large tracts of civic-owned in- $20.00; common and medium! qustrial property are offered to timated at some $22,000,000. |jeaying the fleet without air Renovations Curb - Ceremony Glitter By RON LEBEL r OTTAWA (CP)--Part of the ceremonial glitter that accom: panies openings of Parliament will be missing next week. Workmen are busy carrying out the first renovations at Gov- ernment House since 1939, and the work has forced cancella- tion of the Governor-General's traditional state dinner and re- pene on the eve of the open- More than 500 parliamentar- ians, jurists, diplomats and ehurch dignitaries and wives at- tended the last similar function Jan. 17 to give the pre-election session a resplendent social launching. The guests agreed it was the best "party" of its kind in many years at Rideau Hall, the 127-year-old limestone mansion in Rockcliffe Park. Big functions usually are held in the cavernous ballroom, which now is swarming with painters and decorators from the public works department. In other parts of the 60-room build- ing, employees of a local con- struction firm are repairing sec- tions of walls and flooring after installing a new hot water heat- ing system. PLAN STATE DINNER While work progressed, the Governor - General and Mme. Vanier made preparations to re- ceive Pakistani President Ayub Khan, who arrived Thursday for a three-day visit. The vice-regal couple, who returned from Que- DIVIDENDS By THE CANADIAN PRESS Canadian Pulp and Pa- per Lid., pfd. common 70 cents, Oct. 30, record Oct. 1. Bralorne Pioneer Mines Lid., common 4 cents, Oct. 25, rec- cover. Bromley Park light bulls 15-18.50. |prospects at bargain rates. _ Replacement cattle: Good) Peete Podwel of an ever- light stockers 25 - 28; stock| crowing number of local govern-| calves 28-32; common and me-| ment boards and commissions, | diums 21-24. _ each with 'its own individual re- Calves: Choice vealers 31-33) snonsibilities and ethics, further with odd tops to 35; good 28-30; | complicates the desire of private mediums 25-27; commons 20-24; | enterprise to help. Too often, re- bec City a week ago, will tender a state dinner tonight in the' drawing-room, which accommo- dates 200 persons. The renovations will cost an estimated $40,000 and will be completed by the end of next month, | The ballroom, which can ac-| ecommodate as many as 1,000, is being Fegeintet grey and re- furnished. Three hundred yards of gold brocade were specially woven in Italy for the long drapes. A rug was specially. woven in| Scotland in a blue and beige pattern. The rug will almost cover the ballroom floor, which measures 40 by 80 feet, and was too large to be produced on Ca- nadian looms. Some 124 chairs and four so- fas are being covered with Outdoor School 7 PRINCETON, BC. (CP) -- school rooms.of Bromley Park lack walls, a roof, blackboards, desks and text books. booked space on was due to of teachers and sunshine. 'Would your class be in grade 3 if it was in school?" a re- porter asked one teacher. "They are in Grade 3 and they are in school," she replied. bromley is the location 15 miles east of here of a camp boners 16-19. Hogs: Grade A 30.55 - 32.30; heavy sows 22.75-25; stags 17.50 on.a dressed weight. basis. Sheep and lambs: Good han- dyweight lambs $20 per hun- dredweight closing at 19; bucks discounted at $1.00 per hundred- weight; good heavy lambs dis- counted from $2.00 to $3.00 per hundredweight; common and mediums 16-18; feeder lambs mostly 18 per hundredweight; good light sheep 8-10; common sheep $3.00, containing 1,300 Sons of Free- dom Doukhobors, now stalled in their trek from the Kooten- ays to the west: Its schools were organized by the Freedomite elders when pro. fessional teaching staff and space to 'each the 150 children was refused by police, Teen-agers who would be in high schools in B.C.'s Kootenay azure blue damask and the mas- sive 12,500 - erystal chandelier) was dismantled and cleaned. if they were not trekking with their parents have become NET EARNINGS By THE CANADIAN PRESS Loblaw sponsible commercial interests are frightened away by the in- evitable controversy involved. The company adds that "worst of all the frequent ab- sence of detailed planning be- hind the disposal of expropriated or civic-owned land results in well - intentioned public bodies comparing apples and oranges as they sort out the relative merits of quite unrelated propo- sals."" Dollar Land Corporation Lid. of Toronto, an affiliate of Tankeos Yarmon, said it made three major purchases during August. The company bought a 12 - storey office Ltd., year ended June 2: 1962, $9,421,- 126, 86 cents per Class A and B share; 1961, $9,053,074, 84 cents, Lohlaw Groceterias Co. Ltd., year ended June 2: 1962, $11,- 085,290, $10.07 per combined second preference and common teachers. shares; 1961, $10,708,309, $9.67. building on Toronto's Bay Street for $3,500,000; a two- storey building and show- room in Edmonton for an undisclosed sum; and the old Royal Bank of Canada Building in downtown Mont-.,. real for $15,500,000. Consolidated Building Corpor- 1962 CANADIA GRAND PRIX for the PEPSI-COLA TROPHY INNES IRELAND FIRST RACE STARTS 12 NOON 250-MILE Nov. 1, record Oct. 1. SES MORTGAGES GRAND PRIX STARTS 2:00 P.M. Ample Funds for Ist MORTGAGES 2nd MORTGAGES We Also Purchase Ist and 2nd Mortgages N.H.A. LOANS ARRANGED a. oO mm You Will Find uf SERVICE IS FASTER te IR COST I§ LOWER "(SCHOFIELD-AKER i { imited 723-2265 -- 728-3376 TexAfter Hours 728-3376 5 ee SS BRUCE McLAREN JACK BRABHAM JOAKIM BONNIER Sie ] plus many more. See the world's PEDRO & RICARDO RODRIGUEZ BILL BRADSHAW SA September 22nd MOSPORT PARK Bo Nr. Highways 115 & 35 1 115 and practic fastest sports racing cars from: FERRARI * LOTUS - COOPER PORSCHE * LOLA - ELVA ~ BRITISH To get to Mosport Park take Highway 401 to Bowman- ville. Take either the Liberty Street turnoff or Highways the signs, $3.00 per person (children under 12 free) SPECIAL 2-DAY TICKET including attendance to Friday TURDAY vmanville; Ont. 35 north, then follow ADMISSION e and time trials) $4.00 \ Pe / jointly t EMPIRE MOTOR CLUB | i} | tion centre, an office build- | ing and convention facilities | beside the Palliser Hotel, | which is currently undergo- | ing a $1,000,000 facelifting. | The Canadian Association of| Real Estate Boards will hold its annual convention in Quebec City Sept. 23-Sept. 27. Among the| subjects. to be discussed at the! convention will be a resolution| by the Toronto Real Estate Board asking the federal gov- ernment that existing regula- tions be changed to allow pri- vate enterprise to take a bigger part-in urban renewal develop. ment programs. RENOIR MISSING LONDON (AP) -- A Renoir was missing today ---lost or stolen. Peter Wilson, chairman of the world famous art auction house, Sotheby's, notified Scot- land Yard that a Renoir valued at $14,000 disappeared from the trunk of his car Sunday. Pay Your Fuel Oil Bills THIS £asy WAY USE OUR PRACTICAL FUEL OIL BUDGET PLAN ... AT NO EXTRA COST!! Wouldn't it be better if you knew in advance thot you could pay for your winter fuel in equal, moderate monthly sums? In this way you would never be faced with high fuel bills during mid-winter months. You could budget your heating bills in an orderly way. The idea is so sensible and practical that each year more families pay for their heating by budgeting fuel costs into equal monthly payments conven- iently spread out. HOW OUR BUDGET PLAN WORKS! . 1. First, we estimate the amount of oil you will use during the next heating season. This estimate is based on average winter weather and the amount of oil you have used in previous years. We multiply the estimated amount of oil by the estimated average price of oil for next season. This gives the approximate total of your fuel bill. Next, we divide the total into 10 equal payments, which you make each month, - As oil is delivered, you will receive, exactly as you always have, a meter ticket showing the number of gallons delivered and the posted price ot the time of delivery, - Should your total season's purchases exceed the total of your monthly payments the amount owing is due and payable June 15th. If at the end of the season your payments are in excess of your purchases a refund will be made on request. Should you not call, the balance will be credited against your first or subsequent payments of the next season, NO EXTRA CHARGE There are no extra charges or fees of any kind for using our Budget Plan. For the oif you use you will pay the posted price in effect at the time of delivery, just as you do now. 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