Ontario Community Newspapers

Oshawa Times (1958-), 17 Jun 1964, p. 29

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29 THE OSHAWA TIMES, |: Wednesday, June 17, 1964 | ~ Metro Mart Industrials Only Star TORONTO (CP)--Buyers sent industrials to higher levels, but ed. little'enthusiasm for the major sections of the stock market in moderate trad-| © ing Tuesday. ; ,Canada Iron climbed 1% to) 37% in leading the main list] | ahead. Molson A was up 1% to} . 32% in an otherwise quiet bev-| ' erages group. Gains of 1 went to Dofasco at 23, Chrysler at 53%4,]; and Eastern-Chartered trust at 56. | *CPR climbed % to 47 on news| #. that it has increased its' divi+|® dend to $1 semi-annually from the former semi-annual! rate of|* 75 cents. Massey-Ferguson con¢| ' tinued to trade actively, reach-) | ing a new high of 30%, but clos- ing unchanged at 30. Genex brough speculative mining issues as. a| cents, up eight cents. Most other speculatives were easier. Bun-; ker Hill continued to erode with) a loss of six cents to 39 cents, In the April speculative issues| boom this stock rose to a high! of $1. Belleterre eased cents to 58 cents. 13 In other mining activity!|™ Highland-Bell jumped 40 cents | [i ieee to $7 while Leitch added five) cents to $4.85. Noranda was the) best performer among seniors |; with a % gain to 46. it Dome fell % to 29% in weaker golds group. Kerr-Addi i son slipped 10 cents to $7.60. On index, industrials ahead .61 to 155.14, base metals!' 21 to 63:37 and the exchange Index .53 to 144.86. Golds lost .77 to. 133.75 and western oils .05, to 97.85, Volume for the day was| 3,989,000 shares compared with 3,664,000 Monday. 2 Found Living In Bush SUDBURY (CP) -- An Ghio fisherman and his - guide, «-be-| lieved drowned in Little 'Burnt Lake, have been found alive at Wikwemikong on Manitoulin Is- land, provincial police at nearby Killarney said Tuesday night. Police said they received! word from their detachment at) ; Manitowaning that Ed 'Petrila, 37, of New Milford, Ohio, 'and Peter Williams of Killarney, were found at Wikwemikong In- dian reserve at the stitheast corner of Manitoulin Island be-} gy Lake Huron and Georgian a The men had been presumed) ; drowned when their 16-foot out-| i board boat was found over-| : po Tuesday by provincial} ' ce were) % ERRRARVW -- RRR some life tal "es four % RARAR Police believe that four other| | J men. were drowned Monday| night in two other boating acci- dents near here. TWO DROWN Two men were drowned and one was missing when their 14- foot aluminum craft overturned | in Lake Wahnapitae, 15 miles northeast of here. The bodies of Alcide Dupuis, | 37, of Garson and his brother,' Adrian; 40, of Hanmer, were re- covered, Still missing was Charles Morin, 44, of Coniston, owner of the boat. Hans Haggblom, a Sudbury pensioner, was reported missing} after his 14-foot aluminium craft! was found drifting in Lake Pen- age, 20 miles west of here. Ottawa Plans | Crackdown On New Drugs _. OTTAWA (CP) -- The federal health department's food and K. drug directorate plans closer} ' surveillance of pharmaceutical products entering the market,| and companies releasing faulty; products may be prosecuted, | the Commons food and drugs) committee was told Tuesday. | Dr. C. A: Morrell, head of the} directorate, told the committee warnings were issued jast year to several drug manufacturers and distributors who failed to meet standards set. down by. the directorate. By now these com- panies should have made the! ; necessary improvements. 3 Dr. Morrell suggested that a system of licensing, if applied to drug manufacturers, -would| * give the food and drug direc-| / torate knowledge of who is in business and would also give it greater weight of authority. The most common deficiency among manufacturers is the lack of adequate analytical con-| } tro] over both the raw drugs they receive and products they issue, he said He complained that his de- partment lacks experienced personne] to do a thorough job of inspecting the country's drug producers. Higher salaries and a systematic training program were needed. ACTIVE VOLCANOES There are 465 active volcanoes im the world, some 80 of them | ander water, the finished} % K The 8 oz pearl grey army duck proofed material folds neatly into trailer bow to form a law 34" high) gariattochment, without obstructing rear view. A Division of the $. $, Kresge Compony Limited smmamamasemesanms Woods "Vista" CAMPING TRAILER Trailer sleeps four comfortably. The cen- tral height is 7'3', length 10' 6" and end-wall height 5'6". Cross ventilation is provided by side window and large pic- ture window size 12" x 24" in the door. Complete with 56' adjustable wall poles and double grip ropes. 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