| STOCKS AND FINANCIAL REPORTS® Stes Dp "BUSINESS SPOTLIGHT w WOE Or. 1706 156 Ryanor STOCK MARKET TORONTO 10:4 AM. STOCKS | cr | " yohese marked $ 2-0 thE edaident, 40. Ex rights, w--Ex-warrants, Met change is from previa. hearhint clating sxie MINES Seles High Low am. Ch'ge mon 4. 6 7 56 cio steep ' Mork Teck Arad Ur Acme Gee hicalicns Ang Am Ang Ruyn Ang U Oey Area Armor A Arcadia Bankens Ranktleia Basen Reiche Big Nema Biack BL Rraiorne Brunswk Bunker Cc Mines Carntio Camp Chib C Tung € Dyre © Faraday Can Keely © Lenenurt Candore Caniee Captain Cassia Cont Pat Cyeste Chin "4 Vesper Hasmac Hest Mine " Chrom Coniagas Con-Kay Con Snew Cons frew Con Gillies Cc wa © Marcus © Moqui © Morr C Mosher Con Negus Con Nichol € Rambler Conwest Coorcorp Con Fields Ceo Man Coulee Craigmt Cstiand Daering -. ' Ag D'Aragon v Alta OE ida Alyy Delhi Pac Denison Donalda Abitibi e 11% new S oe Ae Gms 1%, 37% Sull Fiwest 7 F Mar F Orenade Glenn Goldra Gortarm Gradore Granisie Ps Lakehead Ow Shore a6 rt as as "7 AN RRA " " 4 19% 19% 19% 4+ " ; ; Martin Mattgent Maybrun Adam Mewat Mentor Merrill Midrim Sen Nick Nisto Norbeau Norgold Norlex Norpax Ww Rorag N Rank North Bxp Northgat Opemska Orchan Pamour Patina Pax int Pea Expl Pine Point Placer Preston Probe Pim Mattgm! Que Sturg Quente Radiore Rayrack Re Alger Reman Rowan Cn Homespun Common Sense By KEN EMMOND WAWANFESA, ombination of homespun com- vessatility helped Wawanesa Mutual from mon . ser surance scurity insurance giants in Canada the first year of op-| dias of the town the company reported) Lastito survival in early years, has In Co 1906 eration Man and grow an earned surplus of $5.46 wear earnings $1,000,000 brought of more has.mains In-|123~miles southwest of Winni- ob-| peo, Hal{_of Wawanesa's direc to one of the general'tors are faxmers and business ' Builds Insurance Giant jearned surplus to nearly $10 (CP)--A) 400,060, The company's head office re at Wawanesa, a village ment living with a 25-mile ra- Wawanesa's versatility, vital than|served occasionally 'to give the Wawanesa's company a competitive edge. Expansion, Diversification, New Name For Cominco Cominco Lid name Cia for the ing ited tent Secretar change by general Montreal The pecause LOnt Cem OCer past f effective of of name, on new name is nove of the 60 of May State 28 April 28 expansion 400 2406 200 10s 00 400 2'4 % 234 » 26 firm years as Consolidated Mining and Smelt Company the known The Canada Supplementary letters pa 16 from confirm approved the shareholders at a special! meeting following 40th annual general meeting in % 23% ry, 2614 offi Lim- was proposed and the the the di company activi sification of the had carried it into other beyond mining and smelt ing. and into other areas be- yond the confines of Canada Today Cominco Lid. is a major international company, although ninety-live per cent. Canadian owned, with undertakings on five continents While the greater part of the company's business is still in mining and smelting and is stl based on early holdings in southeastern Britisti Columbia mainly at Trail and Kimberley BB. Cominco has grown since the issuing of the Dominion charter of 1906 to be one of the world's. largest. producers of metals and fer tilizers. During the per it has broadened inter ests into a number of other in dustrial fields Jeginning tarted the izers steadily added commissioned Trail and Kimberiey Reginu, Saskatchewan gar Alberta and at Nebraska have annual output in exce m tons. A new potash mine in Sas katchewan is scheduled to be in production by 1969, and will give Cominco a yn in the iiree main mater ' nitroger ash Cominco Ltd. is through subsidiaries in the fabri lead and zine, The company, in addition, is sole owner of Western Canada Steel Limited, an integrated -- steel complex in Vancouver, Other terests range from heavy chem icals to high purity metals 'compound semiconductors, and thermo-electric materials Overseas, Cominco is a part in Mitsubishi Cominco Skelting Company which. i building a lead smelter at shima, Japan, and in Cominco Binani Zinc Limited, which has a zinc smelter and. sulphuric acid plant under construction in southwest India. Poth of these projects will be in operation this yea! Mining been expanded now operates Canada and the United States including the great Sullivan Mine in Kimberley, B.¢ the world's lead-zinc mine and the Mine in the Northwest Territories, in which Cominco has a majority inter Cominco American Incor porated, the companys subsid iary in the United States, is cur rently engaged in bringing production a new lead near Salem Exploration step in serves as has been Cominco ties its chemical same base iod in 1931, when the productior capacity ha and new plant Installations at B.¢ al at Ca Beatrice ompany of fert been now ar ef one llior basic posit fertiliz fertiliz phosphate and pot also engaged ation of in ner Nao also comin have that 10 mines in activilies so CO gest Pine Point est into mine vital first mineral re consumed impetus placing they are given added The company in severa varts of ¢ United States Ireland hy an Aus and active ada, . the ty a. Greenland Continental Europe TAKE NOTICE THAT: 1, The curb and gutter the work: ~ouncil of The ¢ asa NAME OF STREET Yo Albert St in : North Lot C-411%4 Plan 335 of & Lin Sheet 29, of W. Limit Sheet 29 Conant 23'0 Lot Plor East C.38 335 Erie & St 65 perty Fronk Mani ok \ of Sim Gorden St Simcoe St, S$ OTICE pavement the « 2,519.23 742.29 8027.37 15.4) st upon the lond abuttir ESTIMATED COST 2,255.23 262 F 4\423.57 31) kL. R. BARRAND, Clerk, on gran bose with concrete Owner's Cost Per Ft, Fige $6.60 4.460 138.50 $24.49 53 City ef Oshowe 0 | In early years of operation, ithe company would issue poli cies to farmers on the strength jof promissory notes, The direc- tors would often use personal collateral to provide cash for |claims, In 1960, for example, Wawanesa began the year with an earned surplus of less than $1,000, vet paid $10,000 in claims. Most of the farmers paid their premiums after har- vest. The president of Wawanesa, Milton C. Holden, 63, is a farm- er's son and a former school- teacher. Mr: Holden, who started selling insurance in 1927 describes his firm as "a com- pany with a small-town ap- proach to business,"' HAS BUSINESS APPROACH "That old fashioned busines keeps us onthe right. track--we treat policy- holders as friends, not sta tistics.' Mr. Holden's casual nature and homey sense of humor be lie the fact that he is president of one of the largest Canadian- owned general insurance com panies sense, I'm sure I knew more about the insurance business 30 years ago than | do now," he says Wawanesa hasn't yet ex tended operations into the United States. 'We're too busy in Canada to do insurance busi in the States," said Mr Holden One innovation started in Montreal in 1952--is the offer ing of clerical jobs to men over ars of More than 50 company's 700 omployees Canada are retired peo anging from janitors to former bank 'managers--work ng for additional earnings or something to do BUSINESS BRIEFS THE CANADIAN PRESS REMOVE SHARES The common shares of Molyb denum Corp, of America will be removed from trading on the Toronto Stock Exchange Friday at the company's request VALUE HIGH of cheques passed through the 51 clearing centres in Canada in February was $39,741,000,000, up 9.7 per cent from a year previous, the Do minion Bureau of Statistics re- ported Monday ness 65 ve age of the acro { ple By Value DISTRIBUTE STOCK Chrysler Canada Ltd, will dis tritube nearly $1,500,000 in com mon stock and Canada savings bonds among 805 employees this It was announced Mondays that returns to the employees represent more than five times the original $274,276 they in vested in 1961 in the Chrysler Canada Thrift Stock Ownership program week S | TORONTO. (CP)--Prices slid jon the Toronto Stock Exchange Monday for the third consecu tive session bringing $1 stocks to 1966 lows, despite a mild re covery in morning activity The ' 70 to 160.59 Volume was mod erate as 3.971008 shares 'changed hands compared with 2,602,000 Friday. Automobiles paced the indus- trial group lower with General |Motors off 3% to 90 and Chrys- ler 1% to 44% Canadian Tire dropped 2% to 159, B.C. Telephone 2 to 61, CAE lIndustries 1 to 8% and Alcan Aluminium % to 38. Trading in Spooner Mines and Oils Lid. was stopped by the TSE about 1.30 p.m., pending release of information by the company. The stock was down 16 Cents to 1.52 on 160,110 shares at that time. 4 spokesman for the TSE said ° there was a heavy rush of sell ing orders on Spooner and the exchange was trying to match buy and sell orders No from the 10 am In other speculative activity Cant Mines tumbled 21% to 4414 cents on 372,578 shares and Mill City 17 cents to 2.00 Pine Point declined % to 62% in base metals. Campbell Chi bougamau slid 75 cents to 7.75 and Falconbridge '4 to 9354 On index, golds were down 42 to 164.55, base metals 1.19 to 87.45, western oils 1.10 to 102.79 and the TSE 152.07 DIVIDENDS By THE CANADIAN PRESS Greyhound Lines of Canada Lid., common 20 cents, July 1 record June 1 Famous Players, June 10, record May available Trading in umed about comment was the company stock be r Tuesday 75 to 274% cents, 25 Loblow Groceterias Co, Lid., Ist preferred B. 40 July 15, record June 15 Great West Life Assurance Co., 22 cents, July 1, record June 15 Imperial 17% cents 31 Silknit Lid., common 16 cents; 5-per-cent preferred 50 cents June 15, record May 31 Union Gas Co. of Can, Ltd., 6-per-cent series B 75. cents 5¥y-per-cent preferred 69 cents | June 30, record June 10; com mon 6% cents (pending stock split), Aug, 1, record July 8 Canadian Breweries, common 10 cents; series A preferred 5 cents Co., ord record May Tobacco June 50 55 cents; series B preferred 661% oppes Fruit Mart Is Steady TORONTO (CP) -- Trading was steady on the. wholesale ng and vegetabie market to- ay 0 Prices at 11 a.m. (Ontario No iw taney grown commodities unless otherwise specified) Apples: Macintosh, bu, -2.58- 3.00; spy 3.50-3.75- C. A. Mac- Intosh bu. 4.00-4.50; 4 qt. basket 50-55; 12x3 Ib. cello 3.25-3.50; 8x5 Ib. cello 3.50-3.75; Delicious bu. 4.50-4.75; ©. A. Delicious bu. 4.25-4.50; C. A. spy 4.00- 4.25 Asparagus: Ont. 11 qt. basket 5.00-5.25; New Jersey 30 Ib. crate 9.00-9,50. ' Beans: Fila. green bu. 5.50- 5.75, waxed 8.50-8.75 Beets: Bu, 1.50-1.60, Broccoli: Calif. 148, 4,59-4.75. Brussel sprouts: Calif, 12x10 OZ, 2,25-2.50, Cabhage: Calif. 50 lb. hag 3.15-3.25: Carolina bag 3.50-3.75 Carrots; Tex. cello 24x20 oz 3.75-4.00; 10x3 3.75-4.00; Calif. bunched 4 doz, 5.50-5.75 Cucumbers; Ont. hothouse princess 1.75-2.00; queens 2.40 2.50. kings 2.85-3.00 Cauliflower: Cali 5.25-5.50; 168 5.75-6.00 Celery: Calif, crate 4s and 3s, 5.50-6.00; Fla, crate 2s, 2%s and 3s, 5.25-5.50. Eggplant: Fla. bu. 4.50-4.75 Endive; Fla. crate 2.50-2.75 Escarole; Fla, crate 2,50-2.75. Green onions; Ont. field doz bunched ,.60-.75; Ariz. crate 8 doz. 8.00-8.25 carton 15s 9s, 23 MEL KRUGER Representative SUN LIFE Assurance Company of Canada BUSINESS: 725-4563 HOME: 723-7900 cents, July 1,¢record May 31 PUBLIC WORKS SALARY RANGE $6,145.00 to $ Applicants must ee 4 be required supervise Senio Must be eq Applicants st etc., not registered os @ Senior lent experience suld gut inter. thor CITY OF OSHAWA Requires DRAFTING SUPERVISOR experienced Techniciar Personnel Officer City Holl, Oshowe, Onterie. DEPARTMENT 7,325.00 (3614 hour week) d the rv pal drafting field raftsmer A.O.C.E.T.T with or have educotion, experience, | he THE OSHAWA TIMES, Tuesdey, Mey 17,1966 17 Lettuce: Ont. hothouse crate! Mushrooms: 5 large, 2,25-2.35, 2.16 Onions: 50 Ib. yellow 4.0- 4.15; Jumbo 4.25-4.50; 12x2 Ib. cello 2.40-2.50; 15x3 th. cello 4.75-4.00: 10 Th. bag 50-40 Parsnips: 12x24 oz. cella 2.40- 2.50. . Parsiey: 4.75-5.0, Peppers: Fla. green bu. 6.25- 6.75; mixed bu. 4.50-5,00. Potatoes: Ont. 10x5 Ib. marsh cello 2,50-2.60; hamper open 2,00-2.25; P.E.1. 75 tb. bag 4.00- 4.15; 50 Ib. bag 2.65-2.85; 10 Ib. bag .62-.65; N.B.'s 75 tb. 3.50- 3.65; 50 th. bag 2.50-2.65; 10 Ib bag .56-.60; Calif. bag 100s 5.50- 5.75; 10 Ib. .70-.75, } Radish: ia, cello 30s 2.65- 2.75, ~New Jersey 3% doz bunched 4.75-5.00 Ib. carton buttons 7.00- ca Fia. crate § doz ib medium 2.00 - tubes 10x14 oz, 2.00-2.10. Rutabagas: Bag or bu waxed 3.25-3.50. Watermetons: Zuccint: Maple .syrup: .Ont 6.00-6.25; 14 gal. 3.00-3.25 Rapine: Jersey bunched crate jleaf 3 doz. 3.90-3.50; Calif. car-|2.00-3.00. }ton 24s 2.75-3.00 | Rhubarb: Ont. fresh 1 dor. bundies 1.00-1.15. Spinach: Tex. cello 12219 oz. 2.00-2.10 Strawherries: Calif tray 5.25 - 5.50; Carolina 5.00- §,25 Tamataes: rion No specimens Fila. Hothouse 1 large 2,25; Mex. 47-09% cents th. crate 3.50-3.75. 12 1A pt. . "140-2.50; Mexican 12 1 to 20 PLATE SHOWED CLAIM Lord Brabazon, the first Brit- ish pilot, held the car licence plate FLY 1 throughout his life- with ordan Sherry People on the go... active... smart... modern, Athome they like arnold favourite --Jordan Sherry, from the boetle, chifled of especially on the rocks. Choose from seven fine Jordan Sherries--dry to rich golden cream. For perfect enjoyment, be sure your Sherry is Jordan. Very popular. J@RDAN WINES Every 'June Bride" knows that right nearby she'll find 4 13 26 bridal shops florists caterers 11 gift shops ... and just about any shop or service you can think of ! Let y ! Our locality has a lotto of Good shops. Good services. = So look first to home for your needs, through the Yellow Pages ple . . . and many others. erything's here... in town! four fingers do the walking to find the above pec Ta BON REA PRPER PARP ae R Good people. ae Aas \¥ ie YELLOW 5» PAGES = . hae 2 testa ens