The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

THE OSHAWA TIMES, Wednesday, August 25,1965 7 Eye On TSE But Cleland Is No 'Cop' By JOHN BELANGER TORONTO (CP)--When Lt, Gen. H. D. Graham, president of the Toronto Stock Exchange, announced June 14 that he { -- create -- of " Ti ie fo POWE on volatile issues, Canada's. fi- the following markets will be nancial community breathed a ' sigh of relief. The exchange has been in : ; " ; need of one for years, some OPEN WED NIGHTS 8 market observers commented, and securities analysts began to conjure up images of a sort of "stock cop" who would have wide powers of suspension for PED i issues moving sharply on ru- ; i :30 mors alone. Ce x dl ® But the man who holds the EOS Dh 4 : job doesn't see it that way. ae tL ihe , Hugh Cleland, 26, is an eco- 1 tg We * nomics graduate of Harvard ie Pe } ® C] University with ideas of his own 4 " a. ae about Canadian public compan- Oa hs ot 500 p jes, the functions of government e Wied 2 * and a stock exchange. He feels his job of stock-watcher doesn't so much involve riding herd of ae 5s ie ie ii " tr ros a ee' 2B. ER Xéct & Creamy Al, CALC ; FLAVOURS improve internal bylaws of the exchange, especially in regard ie, n to trading procedures. ee f b) i Mr. Cleland is attempting to om 4 find out exactly what a stock ae 'Ss oa i exchange can do to help inves- } 2 cate dy . tors in their relations with pub- : a P : lic companies. 2 ae" Ma : : ; JOB IS UNIQUE ig ee fa 6 ps J The job is unique in Canada % aie ae ip rit Ger bi and is a tough one, for the man be a i 'a i: who holds it must be able to ao gy, EBay sie. GOO move fast on stocks trading hecticly and must have a thor- i ee ae i ough grasp of law. ee ba s¢ hi, ' After graduation, the Pentic- ge hae es? OE ae ge § ------ ton, B.C. - born Mr. Cleland GLA %, % , ; : rae: worked for the Ontario Securi- ' 4 ' é Pha ties Commission and was / ? ss a Y " ""Ioaned" to the royal commis- $3 re ibe at sion on Windfall Oils and Mines ' ee ! : a Ltd. He came to the exchange ' A , , 4 fy ALF after finishing his duties with y : ; i Sas the commission. ; 1 i Ph "T see the job as one in which s : tS : MP ee GAL. 1 make recommendations and 2 Pt ae : CTNR. report to the agen on peed ; ; ml : : ; ing procedures and other nter So ae 4 » nal matters, rather than some AD J i S AVE * sort of stock policeman," he i EY ; 12 4 s - taZta thSh SESE Ae am PPSIAE 23 said in an interview. Mr. Cleland feels that suspen- sion of an_ issue -- hurt eines © Mp QWER 2o/ GRAIN FED BEEF ¥ POWER rvaronari save bad in the eyes of many people ya A pg or TENDER MEATY "Mauch of the 'onus for. im BLADE BONE ; WOE os et atl cg REMOVED .... 'ofp ) 16 OZ. | TINS Lk, CAMPBELL'S TOMATO SAVE 9¢ ORINGE JUICE 5**.c2 $4.00 : 10 'ae CHIP "STEAK a pros. 79 TINS Berryland Frozen SAVE 4c Strawberries "9% 39° Robarts' Fish | ORILLIA (CP) -- Premier John Robarts officiated at three : ceremonies here and landed a 14-pound pike in the middle of this resort town. Mr. Robarts, an angler when he gets a spare minute, made he catch Tuesday during open- ing of the Chamber of Com- merce Building. IDEAL FOR BAR-B-Q. PEAS An official handed him a fish- ing rod and told him to reel in A IN BUTTER wor d§e 209 line ery hag g Dy bon SAUCE nto a pool in front of the building. The--pike-was-on- the LB. BROWNIES worqge AYLMER Fancy PKG. other end _ gave Mr. -- T arts a bit of a struggle when ca it headed for cover behind the ENDER, DELICATE Palonda Choice=haives= SAVE Se fountain in the pool. " 18 O:. t Earlier, Mr. Robarts unveiled pericats __ oe mAb . piages marking the location ' 10 OZ of Indian fishing weirs at the ? - Atherley Narrows just east of Chocolate ¢ DRINK so 99° TINS Long Groin ape 2 Lb. here between Lake Couchiching RI CE Phe 29° and Lake Simcoe when Cham- vee Gee iter Seal | any" ae : JELLY "229° HEINZ TOMATO SAVE Ile the $796,000 Atherley Narrows Romi Spaghett! er Pe adity Bridge. The 905-foot-long span will be --, ky ead Jake Gaudaur MACARONI Qe emorial Bridge, commemor- jurgers rating the world rowing cham- mne | teers Haha u pion, who achieved success in S.X. BRAND SLICED SCHNEIDERS in: BACK DOG FOOD me, 47° OZ. hae: rong = was ~ 16 OZ 4 Brunswick Oil, Mustard or Tomato SAVE 20 ake Gaudaur, gener y : manager of Hamilton Tiger- PKG. BA con 'o> SARDINES = 10° ate : Puss n' Boots Chicken, Liver, or Fish SAVE Se Cats of the Eastern Football CAT FOOD 3'72°49° Conference. SHOPSY"S "BOIL A BAG" FISH DEPT. L&M CELLO CORNED FILL Rebate Denied 49) 00D FILLETS] wiewe De 39 gi Dewy Power WY tcud INSTANT SAVE 20° 2 O2. BEEF ° U nl Ont. Growers sn uw. 42 'BL Pat CHATHAM, Ont. (CP)--On- 24 or. tario wheat growers will re- : wat B ceive no rebate on their 1964 ° a | crop levy, it- was announced Ont. N | Grade Baht here Monday. & Penny Power : R. T. Bolton, of Seaforth, " JAR scam of ag Ontario Wheat 5 "a ~ roducers' Marketing Board, said last year's stabtlization DONUTS ora 2 20° fund was exhausted by costs of @ PLAIN @ SUGAR ® CINNAMON marketing the largest volume marketing. the largest volume T health & Beauty Aid Specials aay SAVE 17¢ | nenz TOMATO SAVE 13¢ by the board in a single year. i sia © panty PUNCK 4 It was the second consecutive rin § sh : re 5 T ce "69 tine year the approximately 26,000 growers will receive no rebate. TE tem QQe r 1 ws : TOOTHPASTE "sa"99°] kino size Save a | Et agg Mr. Bolton said the board handled nearly 3,500,000 bushels EA M Sean eae es Reg. Value 79¢ 10 ¢ a ¢ in e nine-cent-per-bushel| . be EPOSIT "oct ctr levy on he effect HAR cl -- by Even: v i utter : madequate to cover costs. marry | : SHAMPOO toe. 85° STAFFORDS MARMALADE & AUR CANCE CUT WAX SAVE 6¢ The levy was increased to 15 cents per bushel. The extra wy Sines haha Reg. Valve 95 jdeosceu <i) Pyre Jams 4-1)Beans 2:27 funds were earmarked as col- lateral for loans in the event : the board would be responsible : BURBANK ORSHIRO| } E . for buying an even greater part U.S. NO. 1 GRADE SALMON FLESH ONT. NO. 1 GRADE 6 QT. c SPECIALS EFFECTIVE POWER PLUS LIQUID SAVE 6c | POWER PLUS LIQUID SAVE 7: (4 of _ the crop, he sai RS Sisi<s| | CANTALOUPES PLUMS' isi 75°) "ERE" mk) ere -. ),oesess Detergent =43'Biench2=39 crterrieminont =X se 99° = CELERY Dad Zo ono causes zr.., BELErgent = eac > 2 ed * els out of last year's crop."