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we OOHAWA TWAGS, Wednesdey, sittad 3, 1964 7 STOCKS AND FINANCIAL REPORTS MARKET TODAY BUSINESS SPOTLIGHT ee eee - Firm Offers No Apology Par Matizatian Of Deafit ~~ Ws Be ed ee Oe ee ee -- & = & Waa By GORDON GHANT taken on, if not it was « quick distributor of automotive and in- TORONTO (CP)---1f it's prot- goodbye to the salesman." Austrial equipment, Acklands table we'll be friends, othere Unlike many companies operates steel warehouses and wise we're non interested which foundered when the au distributes records and radios oar a i 1 That ahout sums up the busi tomobile replaeed horse under a franchise, (nm Hn 3 Cory 4 ness aporoach of Acklands Lid., drawn transportation, Acklands it now handles more than #,- . 1a , distributors of aimost anything- changed its business and began 006 products ranging from nuts |, at-a-price, with its head office selling ear parts which now ne-\and bolts to welding unite and * in Winnipeg, ite executive of- count for about 60 per cent of from Decca records---it's the '* fiees in Toronto and branches the company's eales--they were franchisee in Alberta to The scattered across Canada $17,000,000 in 1965 and were up foot tong road contractors The company doesn't apoln 24 per cent in the first quarter scales : gle for being motivated by of this year, EXPECTS TO EXPAND profits The company moved along y d "We want to give our custom: slowly until 1954 when President Mr, Starr said the company ers the best we can, but at the Hyman Bessin and Chairman We"t public in 1962 because it 'same time we pre not inter: Leonard Wolinsky bought the needed money for expannen led in making. friends andicompany from Mr, Wolinsky's | We're still expansion minded ing money," says Nathan father and over the next {we or three fi (LAO Dee eP phepa ; years hope to double our size tary + treasurer. What comes VIRM HAS 37 BRANCHES by bringing into Acklands some first service rotit? We At that time the campany companies which now are | ean't service it we don't profit," even branches, it now has owned by management-com- » He save that while the com- 99.An4 net profit has jumped to panies which we hought when i, pany sells and distributes a $370,600. from $75,006 __ they were unprofitable hut now . wide variety of products, its The firm's. philosophy is that make money main asset is service to make # profit it has to pro Included in this group are ' yide the eustomer with tly mH, ©, Burton and Co, of ATARTED IN 18906 what is required when it is rer Hamilton whieh has branches ' Acklands started in bu quired from Montreal to Sault Ste. Ma , back in the horse and carriage Mr. Glare says rie and is in the industrial dags of the 18006 providing 'When the trans-Canada pipe. mine and mill supply business blacksm services and acces: line was being built we worked Lee Bern Wleetronies Lid Discovery j 4 s sories for huggies along the tem selling weld- with branches from Fort Willia Baer tun v Ky DW . " liven then the equipment nuts, holt and Vancouver - Wa £6 é 'ee aoked manufacturer nd a variety of thin "Me and Me TAd. of British (hy m wanted us to handle | e needed quickly, So Columbia which distributes Ze- Ganex 1") MF ' > Yap » was 'What's the Mr. reall build the busi nith radios, Deeca records and Starr said ir if ness on price, but on service," has steel warehouses on the it was profitable the line was West Coast Clairtone Sound Opens STOCKS $4,000,000 N.S. Plant Granore 6a tnd Wire Green Pri ] i inland Gas Gunner IBM 90 Headway 1Ae ' 7 sian wheat deal and proposed revisions to the Bank Act dom- inated market activity on the 7 Block / , WARRINGTON Toronte Stock Exchange Tues STELLARTON, N.S. (CP) heginning " ' t 1 AEA REA rights, eas -werrants. Wal coarge trom prevan weardial Covrg $08 MINES Baise High Lew i pe ne e A" M4 4 s a Fs i Mf " % "4 76 8 a se r] DOUBLE TAPE DAYS IT'S SO EASY This week you simply get DOUBLE the amount of your cach register tops --~ eamplete dollars only will be doubled, This gives you additional tapes to use for items from the IGA Gilt Cotalogue ~~ oF for Eaton Merchandise Certificates Dale Rose 'a Dist p vice or IMPORTAMT == Far aasy counting at the checkouts only complete dollars will be doubled, for exemple it your cash register tape totals $18.64 you receive an additional $18,00 in Bonus Tapes FREE! Double Tape Days is just another reason why we say you always get a little more then you expect ot IGA, TAKE ADVANTAGE OF DOUBLE DAYS TO CLAIM GIFTS FASTER T eKAL ness ' th first question to who screws a ng FRESH YOUNG ONTARIO PORK SALE >» SHOULDER ROAST ~A7 PORK BUTT ROAST 57 PORK BUTT CHOPS SLICED SIDE BACON SWIFT'S TRU --» TENDER SLICED BEEF LIVER SAVE 27° SWIFTS PRE SAVE 9° Granutateo WHITE SUGA SAVE 116 EVAPORATED ------------ IGA MILK SAVE 18° ica Homocenizto PEANUT BUTTER «=» 49% PRICES EFFECTIVE JUNE 22, 23, 24 & 25, WE RESERVE THE RIGHT TO LIMIT QUANTITIES, PRODUCE OF U.S.A, CANADA No, 1 GRADE CALIFORNIA NEW POTATOES 10-LB, BAG CANADA NO, 1 GRADE NEW CROP LOCAL LETTUCE 4 Bay z goods that we marku we Aian't an interview WO 7 cd A Cam Ke /'D tele and-white fo concen Ry DAL on rate on color Mr, Munk said the plant will wn 19,000 'T's in the { six months and about 25 i next ye aang 2 Nova Scotia dustrial re Mink re Sound Corp He made the observation Tuesday at the opening of a new $4,000,000 electronics plant The move to what many con ' sider an out + of » the + way de pressed area is the latest in a series of unorthodox hy Mr, Munk, 38, and his partner, David Gilmour. But they have "\huilt a multiemillion-dollar in fernational husiness sieren phonie sound equipment in 10 ears. My h4, is vice president of Clairtone and head of its United States subsidiary Starting they 4 sold only seta the , first year, reported $12,000,000 lan M, MacKeigan of Hall worth of business in 1965 and fax, chairman of the Atlantic a predict about $15,000,000 gross Development Board, said gove this year, much of it from t ernments, corporations and the us pelt ar, . ; 1, ales people have changed their fatal eee nee 5 ? § Shale ._ uw! The. transfer istic altitude toward Maritime Nersp A Ww " backward Nova &¢ development, More Qremeke with another plunge industrialists recog Paramaq \e manufac of eolor nied that this area had more Patino , ha to offer than @ pleasant living will lenvironment Houde Bay ' 4 j Pipe Myara Ex ' inter Steel tat Bible 7 | ; inv Grp A ise J James tt jaye etter ser Jelas Jattersn Joliet Kerr Add Kelly Ded ; Anacen 4 I tL ' LA Coper A in the Commons Monday that Trade Minister Winters had signed, in Moscow, a three year, $800,000,000 wheat and flour deal with. the foviet Union Transportation issues =~ nota: bly CPR and Canada Steamship Linese=made healthy gains as a result of the new deal, CPR gained 4 to 65% and Canada Steamship 1% to 35%, Algoma Central Railway rose % to 10% Banks made healthy. gains, with debate on long-awaited re: visions to the Bank Act ex- pected to start Thursday in the Commons, Royal climbed 1% to 74%, Montreal 1% to #0, and Nova Seotia and Canadian Im-! perial Bank of Commerce 1 each to 70 and 64% Denison gained % to a 1066 high of 52 among senior base metals, Roman Corp, rose % to 11, after reaching a 1964 high of 11% while Rio Algom added % to 25% Golds sagged, with Dome off \% to 46 and Kerr Addison down 4 to 11% On index, industrials gained £0 to 164.31, base metals 40 to 02.44, western oils .70 to 104,55) jand the exchange index .ff to 1i5.02, Golds dropped 42 -to) 176,22, Volume was 2,696,000) Rayrock 149 142 V4 shares compared with 2,001,000) ae neem ne te i shares traded Monday, Bon. ef |) Advance Sharply sce TORONTO (CP) - Wholesale, to retail carton eggs average weighted prices quoted by the department of agriculture as of June 21; A large 49.1; A me dium 44.2; A amall 385 Eggs: Wholesale price to country stations fibre cases quoted by the Toronto Board of| \Trade from wholesale egg deal-| Extra-large 44-45; large 44-/ medium 45-87; small 2627; 47-48; C 3a Butter prices; stabilization board tenderable) carlots; Buying 49 seore 80; | buying 49 score Ba; gelling 50 BOND MARKET | TORONTO (CP) -- The Cana: dian bond market was up 4) MacLarens Control point on the day in quiet rads) sets nb aan High 8 fi i int Mickel Hie 1 96% day ouiion sa out Hellinger it fii's Hy Finance Minister Sharp said of Lakenead is te lu LEAN FRESS 2? dent p ne tf ay sapr When asked why he moved to Nova Scotia from Ontario, Mr Munk said the reasons include provincial and federal govern: ment incentives and dependable labor at coat The Clairtone operation is the largest secondary manufactur ng plant in Nova Seotia Industrial atates Lid, a Nova Scot government indus trial promotion agency, paved the airtone with al most $11,000,000 in long-term fi nancing, Wederal tax conees sions for underdeveloped areas and .federal Atlantic Develop: ment Board funds helped Pl #4 i v ' 4 me 12 4 ' i 3 ' i "i if 2 u 86 Ne 7] Langis Latin AMA Leiten Lerade Lovie sé Man Bar 4 Martin ti Mattgmi 1% Mcintyre 5 $he Mewal e . ; Merrill ; ' in } ~ 6 Matai Mir a) r Mi Wright Multi Nal Expl New Aih New Bid Neweans Neonex @ WN Goidvue WN Hesee N Kelore Newlund YM uw. 67° 95° tr) 198 148, VAC, PAK lower TASTY 40 FATHOM SMOKED 59° COD moves 148, PLASTIC TRAY A in way for ¢ Gilmour 1701 OBLONG TINS from seratch, Aid stereo Prem iron Brive Bros ONG i\4 9 Sidh S00l6 1004 1804 \ ho (ht m 2 er § lw Industrialls alia coincides tn economic into and more tele e! the ure on made 1000 166 40m Av} m0 13 4 4 pen § ie Blem les é " as . \00 nes ignore black Dena £Li1CG sets, Cla Ty Poe Expl ane Peerless Pine Point Placer Preston Pyramid Que Man fue diurg Quemont sels and Sis ide lame Hille iio " M4 io aA 10% 16% 10% mn 1a 1806 19% - Ne) Satelite Sherritt sas Siivetids oo 3 Slimaq "a Siscoe mo re WINNIPEG (CP) grain prices advanced sharply : on the Winnipeg grain exchange Tue by Can ada's $800,000,000 wheat Coarsejcents higher than Monday's! |closing prices, Barley closed \4| to 24 cents a bushel higher than Monday, Rye prices also ad vanced sharply At Chicago, prices advanced early trading and then took nosedive with wheat closing | helow the highs reached earlier in the day The late opening of the Chi:| cago market caused a delay in} eng the soybean quote issued daily! 4 by the grain marketing division) _ f United Ca-Operatives of On irio. The Ontario price is based action on the Chicago 440 320 "a a \an 0 i 45 " day, stimulated Sunburst 2000 5 ' wn eck Corp Texmont ' Texore nu Tex-hal ) : ' Monday a Tomp'ii ' § ' Aa t l | A Tribag 3 Grain sources said the sale i Trin Chit U -Buffada Un. Kena fala to a which Was announced) in cents tien fo ham expected to tax Canada's grain handling facilities, It the heels of a strike settlement involving longshoremen in Que hee which had delayed wheat) 0 shipments in May and June ! Unfavorable crop cond in the United States, abetted b selling and profit-takin on American market reflected in greater Light' and) winning Power Co, Lid, is setting UP aN! of Chicago Investment and development vances bank in Rrail to handle the from the ubsidiary FORGiON came TRADING on a am , 1s Deihl " r) Ana ' " Agricultural] BUSINESS BRIEFS FORM BRAZILIAN FUND Rrailian Traction, n early market Tuesday's soybean price quoted by United Co-Operatives was $4.56 a bushel to dealers f.o.b, country shipping point, up| one cent from the previous day, | 4 on " OILS, GAS 40 1008 0 2 $00 3460 176 65 900 350 500 45 Fulape 1000 shart also wa al trend ad what iding ille ly activity Wie earl Alminex Am Ledue Following he broad evaporated the size 16 HEAD Gridoil € Ll Pete Can Sup 0 Cdn Yrient 7 Cent Dei pro sale of its tele. to the Rrail before close of 1 eeeds the a fram } hawed ran Oats gains, 19° \ shone ing Tuesday We ing , to an government Chieftian DO French PY Gr Plains hy! Hel um ty Net Pave N Amercn Ne Oils INDUSTRIALS Abitipi Acklands Algo Cent Algoma Mt Alcan Alcan pr Angieen Argus Arqus ¢ pr Argus 2.40 pr ms 10 at ms 8240 0 shareholders told at the annual meeting day in Torante ATLANTIC SPLITS Directors of Atlanti Refineries Co. Lid. have pre posed a f-ford stock split sub jeet to shareholder approval the company announced in Tor onto Tuesday TEI HONE SLUMPS Quebec Telephone announced Tuesday in Montreal net earn ngs of $491,107 or 24 cents a common share for the quarter year ended March al, 198A compares willy $445,989 or a common share for responding three-manth riod in 1965 DIVIDENDS Ry THE CANADIAN PRESS SA.D, Manufacturing Co Lid,, common § cents, extra &, Sept, 1, recerd Aug, 15 1h ard July 1 were Sugar M0) the pe cent 4 " luly Atlantic Sugar Refineries Co Lid, preferred $1.24. Sept. 15 ecord Aug, 24; class A a0 cents, Met. 3, recard Sent, 12 Oct, 3, re ommon $714 cents, rec ord Sept. } Dominion Stores Lid, 1 MeCabe Aug firain Ce, Lid, 1, record July 13 8 cents, This}, Graham May Bypass Bytown LONDON (CP)-A spokesman for United States evangelist Rilly Graham said Tuesday a Graham crusade across Canada next year may have to bypass Ottawa because of a lack of fa cilities for holding a meeting The spokesman said in an in terview that Ot!lawa had been niatively scheduled to be in cluded in the tour, which is to visit Montreal, Winnipeg, gina, Calgary, Edmonton other centres a Re and the ten was being Rut Lansdowne Park tative Ottawa sile tern down and = rebuilt, the spokesman said and a letter fram the organizing com mittee had indicated it could nat bly be ready by ear recen pas mer ¥y sum We have received an invita tion ta hold a one-day func but so far there's been no de ision,"' the spokesman said "We do want ta OU least for a visit, but it t he pass lien to. go awa at may ble blie revival meeting jden at present sal Short + term Government. of Firm In Britain Canada bonds closed with the] TORONTO (CP)--George C 4\4-per-cent April 18, 1047 issue Sinclair, president of MacLaren! | slosinn at $00.25 bid and $99.30 Advertising Co, Ltd. of Toronto, | asked ald Tuesday hia company has purchased a majority interest; Government of Canada 44 in Dunkley and Friedlander|Per: cent Sept, 1, 1088 waa) Lid, of Lendon lquoted at 87% bid and &7%! Mr, Sinclair said the deal in asked, volved hundreds of thousands of Day-to-day money closed at dollars 4% per cent, Treasury bills! Mr, Sinclair's company has|were at 5,04 per cent for ®i-day, heen negotiating for a British|bills; and 5.22 per cent for 183: / affiliation sinee 1082, day bills | RovNer SYSTEM M OF FINANCING provides term loans for almost any type of industrial or business project, WRITE,,,PHONE,..OR VISIT... any District Office of RoyNat Ltd., HALIFAX, MONTREAL, TORONTO, WINNIPEG, REGINA, CALGARY, VANCOUVER... or enquire through any branch of THE ROVAL BANK OF CANADA MONTREAL TRUST COMPANT BANQUE CANADIENNE NATIONALE TWE CANADA TRUST COMPANY GENERAL TRUST OF CANADA PRODUCE OF U.S.A.---CANADA NO,1 GRADE FLORDIA SWEET CORN 10... 69° PRODUCE OF U.S.A, GANADA NO, 1 GRADE or, 38 SENSATIONAL OFFER Blue Diamond Dinnerware NEW CROP NAVEL ORANGES NESCAFE INSTANT COFFEE QUACKER MUFFETS JELLO INSTANT PUDDINGS RED CLOVER COHOE SALMON MITCHELL'S Apple Juice 2 DYL'S IGA 166 Adeleide Ave, &, hawe BILSKY IGA 120 Wilon Ra, §, Oshawa IGA CHOICE TOMATO HOSPITALITY CHERRY 6.07, JAR 1,19 69° 49° 49° CORONATION 65° | PICKLES MOTOR CITY IGA Ritson Rd, 8, Oshawe LANSDOWNE IGA Lansdowne Shopping Centre 1944.02, PKGS, 3 1) REG PKGS Sine TIN 48.0%, TINS SOUP BOWLS TULIP COLOURED MARGARINE SUNKIST FROZEN LEMONADE SIZE 100's 9° box, 5 28.02, TINS 59° 4ge age age 39° Colvict HILL rt St. Oshawe bicKsTeAD 1GA Courtice, Ontario BRAEMOR IGA Stevenson Rd. 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