Ontario Community Newspapers

Oshawa Times (1958-), 3 Nov 1964, p. 13

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Row Brewing Over Bell Tel. Profits By BEN WARD line of the arguments it intends OTTAWA (CP)--Battle lines|to present at the public hear- are taking shape for the clash|ing. Then the other parties get between the Bell Telephone Co.;a month to reply. Later, te of Canada and its major cus-|board itself may ask both sides tomers over how 'much money|for additional information. a -- utility should) Jt likely will be mid-Febra- 0 earn. _,,jary before all these prelimin- So far 20 "interested parties"'| aries can be cleared away. No --mainly big municipalities--|qate has been set for the start have filed notice with the board] of the public hearing, expected id ee eet beet to last several weeks. ey intend to appear at the pub- Nc 'hearing the boant proposes This will be the first time Bell ..-|has been on the defensive be- to hold early next year into Bell's financial . aituation end fore the board. Previous tele- profit picture. phone hearings have stemmed The board announced Sept. 22 hog he eng 5, epplicsizon i cir 0 full- 3 that it had decided on a full Ws Anal wait ale Seis le study of Bell's wishing to take part yor le. ster of| 1958, resulting in a rate increase h intention by the end of Oc-| Oct. 10 of that year. During that 'oral r . set of -- the board set a $2.43 per share as a reasonavie scape dherds 9 gs rn ciggetcd ar annual profit for Bell, which has Montreal, Quebec City, Hamil- ee ae mig aededge pte ton, 'St. Catharines and 'Trois-|{% Ontario and Quebec, the only "|Rivieres, Que. Others are rep- provinces in which i operates. resented by such bodies as the) HEADS FOR BIG YEAR Association of Ontario Mayors} 'his year Bell is heading for and Reeves, the Ontario Muni-|its most profitable year on rec- cipal Association and the Cana-| ord. In the first nine months it| dian Federation of Mayors and/had net income of $56,364,738 Municipalities. or $1.98 per, share, compared Others filing notice include|with $50,550,424 or $1.92 per the Canadian Labor Congress, |share in the same period of| the CNR, Consumers' Gas Co.| 1963. and Industrial Wire and Cable} yoy the full year 1963 it re-| Co. |ported net income of Los \EXPECTS MORE lor $2.58 a share, compared wit | Even though the filing dead-|$65,284,002 or $2.66 per share in| lline is past, more groups are . | nouncement at a press Con- |expected to join this list within] Bell is expected to argue be-| ference in Quebec today. See |the next couple of weeks. The|fore the board that its rising | wire story, (CP Wirephoto) |hoard, a federal agency with|profits are reasonable in view of |wide regulatory powers in thejits invested capital and the SUBMITS LOW BID ment's Queen's Park project.| DEAD SQUARE transport and communications|need to attract additional capi- TORONTO (CP) -- _ Perini| Public Works Minister Ray Con-| Ben Jonson jokingly told King fields, has indicated it will not|tal for future growth. Limited of Toronto was low bid-|nell said it will take about two}James I he would like a square| reject latecomers. | It almost certainly will cite der Thursday at $28,337,000 for|weeks to check the eight bids|foot in Westminster Abbey--j| By the end of this month Bell| changed conditions since 1958 as the contract to build the first|submitted and award the con-|where he was eventually buried|must file with the board and| justifying an upward revision of phase of the Ontario govern-/tract, \standing up. 'these interested parties an out-ithe $2.43-per-share ruling. REFORMS intends to bring into the ad- ministeration of justice in Quebec. He made the an- Newly appointed attorney- general, Claude Wagner spoke yesterday of sound reforms he Day of the fast new Rambler Classic Meet the beautifully re-styled Ramlsier Classic for '65, proof positive that a famity-minded car can be a great road performer, too. Start with engines. Take your choice of three great ones for fast-moving action. Get Torque Command, the most remarkably responsive new six-cylinder engine on the market today. It's a six that performs like a full-fledged eight! in the '65 Classic, Torque Command will deliver superior overall street and highway performance. Its new 7-Main Bearing crankshaft with eight counterweights gives you an unbelievably smooth, vibration- less ride. Choose Torque Command with 128 h.p., 9f 145-155 h.p. @ If » "you're a hard-to-please V8 man, move to the Cla: 8 h.p. V8, a quick, brilliant performer that never wastes a moment's tr: ing time, Put your foot on the accelerator for V8 action the way you like it. # Look inside Cs the '65 Classic. You'll find more people space, thanks to. re-designed interiors. There's more foot-room, leg-room, elbow-room--and much more luggage space. @ Interiors and appointments are the best-looking, handsomest you'll find. Style and luxury are standard equipment. 8 You get exclusive Rambler quality features: strong, safe, rattle-free Single Unit Construction with Uniside; Deep-Dip Rustproofing; Ceramic- Armoured Muffler; Double Safety Brakes. = With great new 6 and V8 performance, plus more people space and more luggage space, and a wide new range of power options and features, the Rambler Classic is more than evet Canada's best car value in every model --sedans, wagons, hardtops. Don't miss the day of the fast new Rambler Classic. There's a convincing test drive waiting for you right now at your Rambler Dealer's. 65 Rambler Classic Six-V8 A PRODUCT OF AMERICAN MOTORS (CANADA) LIMITED is better ecause its people are Better people to serve you better! You get "extra Great new engine choice! Get Torque Com- mand, the bold new six that actstlike an eight. Available in 145-155 h.p.. single or 2-barrel carburetor or 128 h.p. Or go V8! Get the Classic 198 h.p. V8 with new improved 2- barrel carburetor. Ovick-moving action teamed with regular-grade fuel savings. Put your foot on the fast new Rambler Classic's accelerator. Take a test drive today! RAMBLER BRINGS YOU THE BEST IM WEEKEND TV! WATCH .RILIETTE SATURDAY MIGHT AND EXCITING NPL FOOTBALL SUNDAY APTERNOONS ON THE CBC-TV NETWORK) "ABNER'S ESSO SERVICE 1003 Brock St. South, Whitby 668-5391 WELLMAN MOTORS LIMITED 100 Nonquon Rd. North 728-7351 BOWMANVILLE McQueen Motor Seles Ltd. PORT PERRY Harry Peel Rambler Sales & Service value" for your heating dollar in complete service. Fact is, most Esso customers already have their oll furnaces cleaned, checked and adjusted--ready to go at the drop of a thermometer. You see, the Esso Home Heat Service teams in your area don't wait'til the last minute to gettheirjobs done. Tothem regular service is a year 'round job. They contin- ually provide guaranteed fuel delivery and 24-hour emergency 'no heat' service, all for the price of the oil...all backed by-Imperial. Wouldn't you like to count on complete service like this? Get 'extra value" for your heating dollar--get Esso Home Heat | Service ug _ In Oshawa 1 Esso Home Heat Team guarantees you the security of this winter These highly efficient teams of worries of equipment failure, Esso Home Heat. teams pro- vide 24-hour emergency 'no heat' service, all for the price of the oil. So, if you. want to relax this winter, do it with Esso Home Heat Service-- Phone 723-2679 Esso Home Heat Service is better because its people are Here are your Esso Home Heat Specialists J. A. MecLEAN Distributor -- 130 Court St. Oshawa, Ont. -- Tel: 723-2679 G. THOMSON Service Dealer -- 125 Conant St. Oshewe, Ont. -- Tel: 723-7718 M, LAIDLAW Sales Rep. ---- 406 Merion Ave. Oshawa, Ont. -- Tel: 728-9258 a

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