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"CENTENWIAL PROTECTS AID ' provinces that it may make spe-/his province -will sign.a_ fed- eee oe en a ee 'Provinces May Get 25 Million Each lar projects which may be ini- tiated at the federal level but touch on provincial affairs, ais| i | vinci cost - shari deral-provincial meeting' dis- al grants of $2,500,000 each tg/eral - provincial cost sharing} fer ro Y aight of them for special alee the moment anjcussed liaison machinery. OTTAWA (CP)--The federal) Bona Arsenault, Quebec pro- government has indicated to the|vincial secretary, told reporters ennial. projects, similar to|amendment to the National Cen-| The conference had before it) ons srresdy made or ear-|tennial Act is passed by Parlia-|a list of 169, suggestions for pro-| marked for cultural, centres in) ment. 'jects to mark the centennial. Charlottetown and Quebec City.! The amendment, now before bet ines oie royal Paresh inci ; y 0 ; : ageants, new histor- incial delegates were,the Commons, changes the historical p: B stor phase at the prospect, which!name to the Centennial of Ca-jles and erection of memorials, some of them said would fi-inadian Confederation Act. This|to foreign aid programs, inter- nance major works in provin-)was requested by sme" which ps ER Rg gms ros ial capitals and serve as "'the|/maintains it is Confederation)ar s ; | cheery in top of the sundae'"'|and not the nation that will be!dian flag and national anthem. , ears in 1967. Projects approved by the com-| Pe aati ro gine @ageie rng: mittees and conference will be) The cost-sharing agreements| : ' aise | Privy Council President Mau-\ooyer grants of $1 per capita geen to esol ye prone rice Lamontagne was reported| trom the federal treasury,-to be/for final app . Any can be tossed out by the con- THE OSHAWA TIMES, Tuesday, December 17, 1963 17 | by delegates to have raised the| matched by $2 per capita by t proposal at the closed federal-\the provinces and their muni- ference or committees. ; . | : |! DIVIDENDS _ T-D Bank Up © "iemespantes ul" oe | 3% Points On| mon eight cents, class C pfd. eight cents, March 2, 1964, oa ord Jan, 31, 1964; class A'$2.50 Stock Market pid. 62%4 cents, class A $2.60) pfd. 65 cents, class B 1962 se-| TORONTO (CP) -- Marked ries, 67% cents, Feb. 1, 'gains by chartered bank issues, tecord Jan. 15, 1964. led by Toronto-Dominion Bank Cochrane - Dunlop Hardware| tended to overshadow activity Ltd., common four non-assess-|in the speculative section 'as the able redeemable pfd. shares of}volume on the stock market 20 cents par value for each|reached its highest point. Mon- common share held, Jan. 2,'da ysince June 14. 1964, record Dec. 23. | Toronto - Dominion Bank The Craig Bit Co. Ltd., two surged ahead 3% to 66% after cents, Jan. 10,1964, record Jan.|-eaching a high for the year of 3, 1964. 6744 during the afternoon. There Lake Ontario Portland Ce-|were several rumors floating ment Co. Ltd., pfd. 3744 cents, around Bay Street as te the Jan. 1, 1964, record Dec. 20. \reason for the advance, but Superior Propane Ltd., pfd. bank officials refused to com- 35 cents, Jan. 2, 1964, record|ment until a press conference Dec. 20, slated for today. Texaco Canada Ltd., com-, Other bank issues made mon 40 cents, Feb. 28, 1964, healthy gains, N ova Scotia record Jan. 31, 1964. ahead 1% to 71%, Royal one point to 7314, Montreal % and provincial conference Monday.| .inalities, for projects of a last- Fe eee are however, By Mr sid of the. sear, alll DOME APO Aaa : Pare ogre Mgr geen | Imperial Bank of Commerce %. that the provinces should expect provinces will have signed and no more than that already ear-|the machinery for implementing marked in capital grants. the agreements will be ready, to The provinces looked to Ot- roll in 1964, said Mw. Lamon- tawa to make special ae tagne. he other eight provinces. Offi- : . eially, these are murrentiy under CONSIDER ARTS CENTRE e study by the cabinet, but con- Actively being considered at Ma Hit { the federal level now is the con-| ference sources said Mr. La- r montagne's hint was. sufficiently|struction. of an arts centre in} broad at the meeting to lead Ottawa, the possibility of stag- the provinces to believe they ing an international arts festi-\stee! and Coal Corporation ex- will be made. val in Canada in 1967, and the pects 1964 to be a record year etus indicated by Ottawa, alljstudent exchanges of this port. 1 provinces showed mounting grants within Canada. chipenents by rail, heavy dur- enthusiasm for centennial plan- Mr Lamontagne said kgs for ing late 1963, are also expected ning. the student exchanges and simi-|1 5 "be at a high level next year. 7 Pe Une i Th biggest factor is Dosco's sale of coal to Ontario Hydro, Interest Rate Rule marking the first time Nova Scotia coal has been shipped on a large scale west of Quebec. Federal transportation assist- S arks Law er Work ance in the form of subventions p , helped Dosco swing the deal for id 2,850,000 tons of coal, to be sup- CHESTERVILLE, Ont. (CP)--| Mr. Lawrence was referring plied over a five-year period. Ontario Attomey-General | : : wnat Cass § Monday night he is|rates the committee has heard tober, carried the possibility of awe a Sacenmne Court of|in 'its current. sessions. an extension at the end of the Canada decision upholding the' Mr. Delaney said he was the five - year period, said Dosco constitutionality of Ontario's Un-|first one to launch a suit under President A. L. Fairley, Jr ; conscionable Transactions Act. |the Unconscionable Transac-; A fire at the International In a telephone interview from/|tions Act. He said he could pro- Piers here this year could have his home here, Mr. Cass saidjceed now with a dozen cases proved disastrous for Dosco and further comment on the deci-|involving complaints about sec-|its coal shipments, Mr. Fairley sion would have to await his}ond mortgage interest ontold the annual shareholders return to Toronto where- he homes meeting. But at the time of the plans to. study the court deci-| The 33-year-old lawyer said fire, a new push-button pier was sion in detail and discuss its that in. a suit he filed against|being planned and now is well implications with his advisers |Manor Investments Limited in|under way. The provincial act is aimed/1961, Judge H. W. Timmins|,_,, ' at oretaniine money - Jenders ruled the cost of a $3,200 loan, AUTOMATE ge 4 from charging excessive inter- amounting to about 27-per-cent The pier will be able to dump est. interest, was excessive. 2,000 tons of coal an hour into : The judge ordered $750 re- ships in a highly automatic op- TORONTO (CP) -- Toronto turned to Mr. Delaney's clients: eration that will be in sharp lawyers are preparing dozens of This decision was upheld by contrast to the makeshift sys- actions against excessive loan i. Ontario Court of Appeal, but tem forced upon the company interest rates following a. Su- the constitutional question was by the fire. a preme, Court of Canada ruling then raised: This was settled Undamaged parts of the In- Monday that Ontario's Uncon- Monday by the Supreme Court, |ternational Piers, also used to scionable Transactions Act is" w -- Common, deputy attor-|Unload iron ore and limestone valid. ¢ ntart i for Dosco's steel plant here and jney-general for Ontario, said the x 3 Most of the actions have been province is gratified that the to load the plant's production, in abeyance since the Ontario! oguit upheld the legislation. He|Were pressed into use for coal Court of Appeal ruled in Octo-| -3iq the act will help adminis-|but it was a slow operation. ber, 1962, that the act was iM- tation af the Mortgage Brokers}, Dosco handles about 3,000,000 valid. .. _...4|Registration Act and facilitate |tons of cargo here in a normal Lawyer M, J. Delaney said| the work of the legislature's se-|¥&4T Monday that about 85 actions 'Niget committee on consumer To help move the coal, a new/ Dosco Coal Sales '2: 273 se." SDNEY (CP) -- Dominion|carrier will be chartered and 'will go into service to St. Law- jrence and Lake Ontario ports as Fredto testimony on high interest. This contract, signed last Oc-)---- up 1% to 63% and Trans-Can- ada Pipe Lines %. BA Oil rose tion of 6,000 shares at $27.50 al New Top 1 |soon as the new navigation s2a- son opens. | *As soon as this ship is com-| pleted,' Mr, Fairley said, "an-| other of the same size will be! : built to handle the increasing . tonnages which must be moved | SMART WOMEN... under this contract." have their carpets and uphol- The biggest ship now used as|] stery cleaned 'The Safe Way' ja collier out of here is the 9,881- : , by Wil be more than twice as tiel DURACLEAN 28-8518 jand the new pier will load coal) twice as fast as existing faciii- ties. 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