Ontario Community Newspapers

Oshawa Times (1958-), 26 Mar 1964, p. 14

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SUPER-MARKET BANDITS SHOT IN SUBURBAN AREA Bodies of two of three mem- bers of a robbery gang who ' were shot by Chicago Police Wednesday 'as they fled after taking several thousand dol- lars from a southwest side su- permarket lie near residences. jicake and eatin; BUSINESS SPOTLIGHT | MONTREAL (CP) = The blight of homeowners, the fac- tory across the road emitting smoke, noise and a bad reputa- tion for adjacent homes, is be- coming a thing of the past in northeastern Montreal Island area. But most municipalities can- not afford to rid themselves 07 industry and their big tax con- tribution. The suburban Ville d@'Anjou area is keeping its it too--main- iaining acceptable residential Light, medium and heavy in- dustry were allowed to establish in the area, but under strict ontrols. And Ville d'Anjou tself became both the nucleus) for dramatic in develop. ment and a settling-<down place was cut down in an alley be- hind store, and a fourth man | escaped, One body is at foot of steps at left and another is in area- way at foot of chimney of house at right. A third man (AP Wirephoto) | for young families. The area north of Ville d'An- jou and Metropolitan Boule- vard, a north-end city super- highway that helps provide faster access to downtown, be- came the scene of planned and) 'May Revise House Rules To Speed Up Operations OTTAWA (CP) -- The Com- | mons may be asked to make a ; trial of rule revisions aimed at "streamlining parliamentary op- erations. | A hint of the plan was con- » tained in a report tabled in the 'Commons Wednesday by Speaker Alan Macnaughton who is chainman of the all - party procedures committee. About 30 concrete rules changes have been proposed ! during the last two sessions, mostly by party 'eaders, and ' the report says there was a de- gree of unanimity among the parties on some of them. "Tf it were the wish of the House, such proposals could be adopted on a trial basis for the balance of the current session," the report says, One of three subcommittees --two under the chairmanship) of opposition members -- has been asked to give priority to study of these suggestions and recommend trial adoption be- fore the main committee com- pletes its work. One proposal on which there was near-unanimity would elim- inate debates, which are larg- ely repeated at later stages, on government legislation involv- ing the spending of public funds. REQUIRED BY BNA ACT The British North America introduce a resolution seeking permission to present a spend- ing bill. The proposed change would eliminate debates on the resolution since they usually are repeated when the bill comes before the House. The daily oral question period may be another area on which the subcommittee will make recommendations for trials of new rules. This period usually occupies the first hour or more of the Commons sitting each day and various suggestions have been advanced for reducing its length. Stanley Knowles, New Demo- cratic Party whip, has been named chairman of the sub- committee studying these pro- posals, The Winnipeg North Centre MP is an acknowledged expert of parliamentary rules. Former Commons Speaker (Marcel Lambert (PC--Edmon- ton West) is chairman of a sec- ond subcommittee. which will make a study of the organiza- tion of Parliament, including such subjects as the possibility of establishing a permanent speaker rather than having one elected by the Commons after each federal election. Pauline Jewett (L--Northum- berland), a freshman MP and former head of the department | | | | TORONTO (CP) --Prices University, is chairman of the|surged upwards on the stock third, subcommittee. jmarket Wednesday with the in- This group will study such/dustrial and exchange indexes Stock Market Prices Rise problems as research facilities|continuing their record climb/% board were higher with a scat- tering of losses. Algoma rose one point to 58 and Steel Company of Canada to 23 among steel produ- cers. Steel Company also traded 2 block of 25,000 shares of $23.50 a share. BELL GAINS Bell gained % to 52% in utili- ties, B.C. Forest % to 26% in papers, Imperial Oil % to 46% Bank of Commerce % to 61, trading ex-dividend 50 cents. On the minus side, Canadian Westinghouse declined % to 34%, Du Pont % to 45% and Price Brothers % to 41, The base metal index was off 9 MPs and the staff required for/gain since Jan. 2. the Commons. Trading was extremely heavy jstocks moved ahead, Volume jfor the day was. 6,364,000 shares By THE CANADIAN PRESS |day. Buffalo Ankerite Hold-| The industrial index closed up 1963, net profit, $358,746, 22)index advanced .2 to 135.12. cents a share; 1962, net loss,|Golds were ahead .81 to 133.52, . Capital Leasing Corp, Ltd.,|base metals slipped .19 to 66.28, year ended Sept.-30: 1963, $115,-| Most sections of the industrial 192, 7 cents. | Madsen Red Lake Gold Mines Consolidated East Crest Oil, Co, Lid., year ended Dec. 31:/ $683,981; 1962, $657,920. 1963, $444,582; 1962, $2,430, East Kootenay Power Co, months ended Jan. 31: 1964,/31: 1963, $168,549; 1962, $150,- $3,352,251, $1.28 a share; 1963,)772. four Industrial Minerals of Canada'months ended Jan, 31: Ltd.,.year ended Dec. 31: 1963,'$208,841; 1963, $268,694, Ld 1962, $198,209, 48.3 cents, year ended Dec, 31: 1963, $3,- Clairtone Sound Corp. Ltd., 295,072, 70 cents a share; 1962 000, 52 cents a share; 1962,, Vauze Mines Ltd., year ended $440,000, 44 cents. \Dec. 31: 1963, $203,337; 1062, year ended Dec. 31: 1963, $158,-| Rit Algom Mines Ltd, $97, 70 cents a share; 1962, net/ended Dec. 31; 1963, $10,1 . year 97,401; Act requires the government to of political science at Carleton for MPs, training courses for)and registering the best day's |as a broad range of speculative NET EARNINGS jcompared with 5,238,000 Tues- ings Ltd., year ended Dec. 31:|1.03 at 133.12 and the exchange $34,415... jwestern oils .65 to 86.63 and 027, 18 cents a share; 1962, $61,-| \Ltd., year ended Dec. 31: 1963, Placer Development Ltd., 9\Ltd., nine months ended Dec $1,925,208, 74 cents. La Luz Mines Ltd, 1964, $278,231, 67.9 cents a share;| Traders Finance Corp, year ended Jan. 3; 1964, $625,-/$,643,576, $1.01. Robert Mitchell Co. Litd.,| $414,931. loss, $78,504, 11962, $8,253,429. DELICIOUS. This Weekend Treat the Family to... py" REASONABLY PRICED -- AT THE -- slightly, but most major produ- cers were strong. Falconbridge rose 1% to 65% and Noranda % \to 44% while Labrador Mining \dipped Y% to 38% and Denison 136 to 14%. Lake Dufault was up 35 cents to 104% among junior metals, Bunker Hill was the heavy trader among speculative is. standards and letting industry|®4Y: in too. in integrated oils and Imperial) erie¢g Factories, Homes Live Side By Side tightly-controlled industrial ex- pansion. The restrictions hape done anything but discourage indus- try--in the last two years more than 70 new companies, repre- everything from needle trades to aircraft parts have located in' the area. MUNICIPAL CONTROLLED Alfred N. Miller, president ot the corporation that bears his name and which has been re- sponsible for much of the Villed' Anjou area dev: » Says: 8: "What is happening here to- day would appear to be a nat- ural complement to the heavy industry such as the oil refiner- ies further east and the heavy industrial belt, such as near the Vickers comptex, along the river." But what was important was that '"control is being exercised by the municipal authorities as a guarantee that the homeown- ers of this fast-developing area will not be subject to the kind of hazards and annoyances re- sulting from uncontrolled indus- trial expansion." The controls stipulate, for ex- ings must be a minimum of 50 feet apart and that all plants must have their own off-street parking. And municipal inspectors and prevent air pollution by enforc- ing strict rules against smoke and offensive odors. DIVIDENDS By THE CANADIAN PRESS Bathurst Power and Paper Co. Ltd., common 12% cents, class A 62% cents, May 1, rec- ord April 3. : gy Corp. of North Am- | | three y 1 April 3. Dominion Bridge Ltd., cents, May 8, record April 14. Texaco Canada Ltd. engineers are ever looking to one shilling and pence, June 5, record Canadian Vickers Ltd., com- mon 25 cents, April 15, record 10) ., common +4 cents, May 30, record April N.Y. Exchange Tightens Rules there was no discussion of the| The SEC wants much stricter exchange's current dispute with|regulations on. floor trading. the U.S, Securitits and Ex-|The exchafge, on the Other change Commission. The dis-|hand, contends its own new reg- pute involves floor trading by/|ulatians are sufficient to pre- exchange members. vent any abuse, For Listing NEW YORK (AP) -- The New| York Stock Exchange is tight-/ ening requirements for listing, of common stocks, More restrictive yardsticks announced Tuesday apply to, such matters as the volume of | ' shares, their market value and spread of ownership. The new rules may expose stocks of some corporations now listed on the "big board" to con- sideration for de-listing. Companies hereafter seeking a new listing must have 600,- of 500,000 as now, with shares in public hands worth at least $10,000,000 at the current mar- et. The $20,000,000 standard here- tofore has applied to all out-' standing shares, publicly and privately held. | The corporation's after tax) earnings would have to meet a minimum of $1,200,000 a year, instead of $1,000,000 as before. | WASHINGTON (AP) -- Top) officials of the New York. Stock |Exchange conferred with Pres-| ident Johnson Wednesday and reported they "covered the wa- terfront about economic condi- \tions and the state of the stock |market."* | ample, that all industrial build-| \ejth Funston, president of | the exchange who acted as/ | an applicant's outstanding} 000 shares outstanding, instead [ A "BAHAMAS ROOM" INSTALLATION by Nash Aluminum -- Oshawa Concrete Embossed Operating Wall of Aluminum Gloss Panels Glass Alumin: Patio Ponels 'With Screen Panels Door rotection Aluminum Aluminum Vertical Mullions For more details come in or phone ond our representative will call on you. ALUMINUM OSHAWA FREE PARKING 95 ATHOL ST. EAST PHONE 728-1633 jspokesman for the group, said| | then at age 65, you sta $44,150 in cash. Both By completing the enqui ing at age 60 or 65, CAN'T SEE STARS EDINBURGH (AP) -- The) Royal Observatory here is set- ? $300 A MONTH FOR LIFE Here Is a plan to provide your family if you should die, or for your retirement years if you survive... You make regular payment to the Sun Life of Canada, dividents on deposit. Should you. not survive to age 65, a minimum of $30,000 will be paid immediately to your family. personal situation. Plans can be arranged to provide various amounts mature ting up an auxiliary telescope in Italy 15 miles southeast of Rome because new housing sues, five cents to 40 cents on 420, shares. Union Oj! advanced to 12 in senior oils, area lights of Edinburgh are /making night skies too bright |for observations of barely vis- lible stars, HOME 723-2883 ROGER WOLFE DISTRICT SUPERVISOR BUSINESS 725-4563 FROM AGE 65 rt receiving $300 a month for life, or if you prefer, of these amounts can be increased by leaving your ry form below, you can obtain details suitable to your SUN LIFE ASSURANCE COMPANY OF CANADA OSHAWA SHOPPING CENTRE Exact Date Of Birth ... ADDRESS ... Oo errr pessererere SR eeeeerrorreseereseeeees OCCCUPATION ,..ccccsccvenccvesessven ~ BACK GAIN i MOTOR HOTEL EAST ON 401 AT THE BOWMANVILLE CLOVERLEAF Traditional Easter Dinners Consomme with Sherry Chicken Soup Assorted Relish Tid Bits watery Candied Cake Hot Apple Coffee Hearts ill Pickles e@ SELEC ROAST YOUNG TOM TURKEY Cranber BAKED HONEY CURED HAM Madeira ROAST PRIME RIBS OF BEEF au jus Mango Chutney GRILLED WHITE FISH FILLET Wine Yams Baked Potatoes Cauliflower Gratinee Crisp Green Salad Choice of Assorted Rol A la Mode Old Fashioned Rice Pudding Pie and Cheese Chocolate Mint Parfait Cheese an Fresh Fruit Milk SPECIAL CHILDREN'S PRICES Ripe and Green Olives Corn Relish TIONS e ry Sauce --- Creamy Horseradish Sauce Whipped Potatoes Sour Cream and Chives Green Peas Dressings ls and Butter Jello and Whip Cream Pumpkin Pie d Crackers Chocolate Milk The great change of pace beer It's brewed specially for Spring drinking with a taste that's tangy, a flavour that's lively. Whatever kind of beer you drink regularly you'll enjoy Dow Bock. It's the great change of pace beer that wakes up your taste. Available for a limited time only, so try it now...for a change.

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